Bill Gates Stock Portfolio Latest 2023 Update: Top 5 Stocks

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

Bill & Melinda Gates Foundation’s Q2 2023 Stake: $6.1 billion 

Waste Management, Inc. (NYSE:WM) is an American trash collection and recycling company with hundreds of landfills and transfer stations. Inflation and weakness in the industrial sector ensured that the firm’s second quarter revenue and net income remained flat annually, which then led it to miss analyst EPS estimates for the quarter.

As of June 2023, 39 of the 910 hedge funds polled by Insider Monkey had held a stake in the firm. While the Bill & Melinda Gates Foundation is its largest investor out of these since it owns a $6.1 billion stake, Ian Simm’s Impax Asset Management also has a sizeable $408 million investment.

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