BTC Capital Management Reduces Stake in Waste Management

Institutional investor trims position in waste services giant

Apr. 1, 2026 at 7:40am

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BTC Capital Management Inc. reduced its position in shares of Waste Management, Inc. (NYSE:WM) by 53.7% in the 4th quarter, according to the company's recent 13F filing with the Securities and Exchange Commission. The fund now owns 24,226 shares of the business services provider's stock, down from 52,290 shares previously.

Why it matters

Waste Management is one of the largest waste management and environmental services companies in North America, serving a broad customer base. Changes in institutional ownership can signal shifts in market sentiment or investment strategies.

The details

According to the 13F filing, BTC Capital Management sold 28,064 shares of Waste Management during the fourth quarter. The fund now holds 24,226 shares of the company's stock, valued at $5,332,000 at the end of the reporting period.

  • BTC Capital Management reduced its Waste Management position in the 4th quarter of 2025.

The players

BTC Capital Management Inc.

An institutional investment firm that 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 filing indicates a shift in BTC Capital Management's investment strategy for Waste Management, though the reasons behind the reduced position are not explicitly stated. Investors will likely monitor Waste Management's stock performance and any further changes in institutional ownership.