Bill Gates has been quietly loading up on RSG. Filings published this week show he spent over $170M buying Republic Services shares across five separate transactions between August 13–18. The waste management giant appears to be a growing conviction for the billionaire.
At the same time, sellers dominated the headlines elsewhere.
CRWV saw Magnetar Financial, a 10% owner, file over $131M in sales this week. The AI infrastructure darling has soared since its IPO, and this institutional holder is clearly cashing out. Filings were reported August 14.
SYK director Ronda Stryker disclosed $81M in sales on August 20. She sold 241,000 shares across two transactions at around $336 each.
Fintech newcomer CHYM also attracted attention. Venture firm DST Global filed $156M in Chime Financial sales, after its recent IPO unlocked shares for early investors.
On the sell-side cluster front, seven PH insiders at Parker-Hannifin filed in sales this week. Six insiders at Iridium Communications also sold, totalling nearly .
The pattern is clear: smart money is taking profits in high-flying names while selectively accumulating in defensive sectors.
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.
