5 Stocks To Invest In According To Stephen Errico’s Locust Wood Capital

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

Locust Wood Capital’s Stake Value: $76.3 million
Percentage of Locust Wood Capital’s 13F Portfolio: 4.14%
Number of Hedge Fund Holders: 39

Waste Management, Inc. (NYSE:WM) is a Texas -based provider of waste management, comprehensive waste, and environmental services to residential, commercial, industrial, and municipal customers in North America.

Locust Wood Capital currently holds 511,447 shares of Waste Management, Inc. (NYSE:WM), worth more than $76.3 million and representing for 4.14% of the fund’s total investment portfolio. By the end of the second quarter of 2021, 39 hedge funds out of the 873 tracked by Insider Monkey held stakes in Waste Management, Inc. (NYSE:WM) worth roughly $3.6 billion. This is compared to 32 hedge funds in the previous quarter with a total stake value of approximately $3.29 billion.

Of the elite funds in our database, the Bill & Melinda Gates Foundation Trust is the largest stakeholder in Waste Management, Inc. (NYSE:WM), with over 18.6 million shares worth roughly $2.6 billion.