- Today
- Holidays
- Birthdays
- Reminders
- Cities
- Atlanta
- Austin
- Baltimore
- Berwyn
- Beverly Hills
- Birmingham
- Boston
- Brooklyn
- Buffalo
- Charlotte
- Chicago
- Cincinnati
- Cleveland
- Columbus
- Dallas
- Denver
- Detroit
- Fort Worth
- Houston
- Indianapolis
- Knoxville
- Las Vegas
- Los Angeles
- Louisville
- Madison
- Memphis
- Miami
- Milwaukee
- Minneapolis
- Nashville
- New Orleans
- New York
- Omaha
- Orlando
- Philadelphia
- Phoenix
- Pittsburgh
- Portland
- Raleigh
- Richmond
- Rutherford
- Sacramento
- Salt Lake City
- San Antonio
- San Diego
- San Francisco
- San Jose
- Seattle
- Tampa
- Tucson
- Washington
Groupama Asset Management Trims Stake in Waste Management
The asset management firm reduced its holdings in the waste services provider by 74.7% during the third quarter.
Mar. 21, 2026 at 9:19am
Got story updates? Submit your updates here. ›
Groupama Asset Management, a French asset management firm, trimmed its position in shares of Waste Management, Inc. (NYSE:WM) by 74.7% during the third quarter, according to a recent filing with the Securities and Exchange Commission. The firm now owns 2,987 shares of the business services provider's stock, down from 11,786 shares previously.
Why it matters
Waste Management is one of the largest waste management and environmental services companies in North America, providing collection, transfer, disposal, and recycling services to residential, commercial, industrial, and municipal customers. Changes in institutional ownership of the company's stock can signal shifts in investor sentiment and market expectations.
The details
According to the SEC filing, Groupama Asset Management sold 8,799 shares of Waste Management during the third quarter, reducing its total holdings to 2,987 shares. The firm's stake in Waste Management was valued at $660,000 as of the most recent filing. The sale represents a 74.7% decrease in Groupama's position in the company.
- Groupama Asset Management filed the disclosure with the SEC during the third quarter of 2026.
The players
Groupama Asset Management
A French asset management 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.
The takeaway
The reduction in Groupama Asset Management's position in Waste Management could signal a shift in investor sentiment towards the waste management company, though the reasons behind the firm's decision are not entirely clear from the available information. Investors and analysts will likely continue to monitor changes in institutional ownership of Waste Management's stock for insights into the company's performance and market outlook.
