Bill Gates filed disclosures this week revealing he spent $186.5 million buying shares of RSG — Republic Services — between August 10 and 13. The waste management company attracted 14 separate purchase transactions from the Microsoft co-founder, totalling 864,624 shares at roughly $215–$216 each. It is a rare, concentrated bet from one of the world's most watched investors.
The filings landed just days after the trades closed. Gates is already a major shareholder in Republic Services and has now meaningfully added to that position.
Across town, a board-linked hedge fund dumped TWLO stock. Andy Stafman, who holds a board seat at Twilio on behalf of a hedge fund, filed a $123.5 million sale on August 12. He sold 500,000 shares at $247.08. That is a significant exit at a price near Twilio's recent highs.
AI infrastructure firm CRWV also saw heavy selling. Magnetar Financial offloaded over $85 million in CoreWeave shares across two filings this week, selling at prices between $108 and $111.
The contrast is clear. While Gates quietly built a defensive position in waste management, hedge fund money moved out of high-flying tech names.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
