5 Stocks that can be Affected by Bill Gates’ Divorce

3. Waste Management, Inc. (NYSE: WM)

Number of Hedge Fund Holders: 37

Waste Management Inc (NYSE: WM) is a member of Gates’ portfolio since 2002. The foundation held 18.63 million shares of Waste Management at the end of December, accounting for 8.38% of the overall portfolio. The company offers a dividend yield of 1.63% and it raised dividends in the last 18 straight years. On the other hand, WM’s share price grew 40% in the last twelve months.

Waste Management investors should pay attention to a decrease in support from the world’s most elite money managers of late. It was in 37 hedge funds’ portfolios at the end of the fourth quarter of 2020 compared to 38 positions in the previous quarter.