Gates Bets $241M on Trash; Tutor Dumps $198M in Own Stock

Bill Gates has been quietly loading up on RSG shares. Filings reported this week show the billionaire spent $241 million buying Republic Services stock between August 28 and September 2. He accumulated roughly 1.1 million shares across multiple open-market purchases. Republic Services is already a core Gates holding — this cluster of fresh buys signals renewed confidence in the waste management giant.

On the sell side, Ronald Tutor, Executive Chairman of TPC, filed this week showing he offloaded $198 million worth of Tutor Perini stock. He sold 2.31 million shares, all traded on August 31. A sale of this magnitude by the founding chairman draws attention, though the context behind the trade — planned or discretionary — was not disclosed.

An NVDA director also made headlines. Mark Stevens, an independent board member, filed the sale of $98 million in Nvidia shares on August 31. The stock has had a strong run in 2026, and large director sales near highs often reflect portfolio rebalancing rather than negative views on the business.

Overseas, the founder-chairman of Chinese sportswear firm Li Ning (ticker 2331) saw his holding company buy $67 million worth of shares. The purchase was filed September 2 and represents a meaningful vote of confidence from the top.

This article is not financial advice.