Gates Bets $927M on Republic Services

Bill Gates has been quietly building a massive position in RSG. Between August 10 and September 2, the Microsoft co-founder purchased over 4.2 million shares worth a combined $927 million. The buying spanned 65 separate transactions. Republic Services is a $67 billion waste management giant, and Gates' stake-building represents one of the largest disclosed insider accumulations of recent weeks.

Meanwhile, POSCO CO LTD sold $1.5 billion worth of shares in its subsidiary Posco International Corporation on September 7. The parent offloaded 36.4 million shares in a single day — a notable reduction of its listed stake.

In Hong Kong, Chinese sportswear brand Li Ning saw its holding company Viva China Holdings spend $161 million buying shares across six transactions between August 27 and September 3. The Li Ning backer built its position steadily over the period, a clear vote of confidence from the company's founding family entity amid a turbulent period for Chinese consumer stocks.

The Gates buying in RSG stands out for its scale and consistency. Short interest sits at just 1.5% of free float, meaning bears are not a factor. The stock carries a $67 billion market cap. Sustained open-market purchases at this volume are a strong signal from one of the world's most closely watched investors.