Bill Gates filed this week that he has been steadily buying RSG — Republic Services — across 19 separate transactions. The filings, reported August 12–18, show Gates spent over $263 million on the waste management giant between August 10 and August 17. He paid roughly $215–$216 per share throughout. The consistent price and daily cadence suggest a deliberate accumulation strategy rather than opportunistic buying.
On the sell side, AI cloud darling CRWV — CoreWeave — saw hedge fund Magnetar Financial unload nearly $479 million worth of shares. The 75 separate transactions were filed August 14, covering trades on August 12 and 13. Magnetar held a 10% owner position. The sales came at around $108–$111 per share, just weeks after CoreWeave's high-profile listing.
TWLO — Twilio — also saw a board-level sell. Andrew Stafman, a hedge fund representative on the board, filed a $123.5 million sale on August 12. He sold 500,000 shares at $247.08.
Meanwhile, the CEO of EHC — Encompass Health — filed a $21.5 million sale on August 11, offloading 171,569 shares at $125.46.
The contrast is sharp: Gates quietly accumulating a boring but defensive waste stock while smart money exits hot AI 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.