RFG Bristol Wealth Advisors Reduces Stake in Waste Management

The firm lowered its position in the waste management company by nearly 40% in Q4 2025.

Apr. 11, 2026 at 11:10am

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A highly detailed, black-and-white close-up image of the gears, levers, and other industrial components that make up the heavy machinery used in waste management operations, conveying the physical scale and complexity of this critical infrastructure.An extreme close-up of the intricate mechanics and hardware that power the waste management industry, a vital but often overlooked part of the modern economy.Houston Today

RFG Bristol Wealth Advisors LLC lowered its stake in Waste Management, Inc. (NYSE:WM) by 39.9% during the fourth quarter, according to the company's most recent SEC filing. The firm's holdings in Waste Management were valued at $791,000 as of the end of the quarter.

Why it matters

Institutional investors and hedge funds own a significant portion of Waste Management's stock, so changes in their positions can impact the company's share price and market valuation. This reduction in RFG Bristol's stake suggests a shift in their investment strategy or outlook on the waste management industry.

The details

RFG Bristol Wealth Advisors sold 2,390 shares of Waste Management during the fourth quarter, reducing its total position to 3,601 shares. The firm cited unspecified reasons for the nearly 40% decrease in its Waste Management holdings.

  • RFG Bristol Wealth Advisors filed its Q4 2025 SEC report in early April 2026.

The players

RFG Bristol Wealth Advisors LLC

An investment management firm that previously held a sizable position 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 RFG Bristol's Waste Management holdings reflects broader shifts in the investment landscape, as institutional investors reevaluate their positions in the waste management sector. The changes could signal emerging trends or challenges facing the industry that warrant further monitoring.