Fulcrum Asset Management Reduces Stake in Waste Management

Institutional investor trims holding in major waste services provider

Mar. 19, 2026 at 9:13am

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Fulcrum Asset Management LLP, an institutional investor, has reduced its stake in Waste Management, Inc. (NYSE:WM) by 19.1% during the third quarter. The firm now holds 15,408 shares of the business services provider's stock, down from 19,045 shares previously. Waste Management accounts for approximately 0.9% of Fulcrum Asset Management's portfolio, making it the 29th largest position.

Why it matters

This reduction in Fulcrum Asset Management's stake in Waste Management is noteworthy as it signals a shift in the institutional investor's portfolio allocation. Waste Management is a major player in the waste management and environmental services industry, so changes in ownership by large investors can provide insights into market sentiment and industry trends.

The details

According to the filing, Fulcrum Asset Management sold 3,637 shares of Waste Management during the third quarter. The firm now holds 15,408 shares of the company's stock, valued at $3,403,000 at the end of the reporting period. Waste Management accounts for approximately 0.9% of Fulcrum Asset Management's total portfolio.

  • Fulcrum Asset Management reduced its stake in Waste Management during the 3rd quarter of 2026.

The players

Fulcrum Asset Management LLP

An institutional investment firm that has reduced its stake in Waste Management, Inc.

Waste Management, Inc.

A leading provider of integrated waste management and environmental services in North America.

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The takeaway

This reduction in Fulcrum Asset Management's position in Waste Management suggests a potential shift in the institutional investor's outlook on the waste management industry or the company's prospects. However, without additional context, it's difficult to draw firm conclusions about the reasons behind the portfolio change.