Cascade Investment Adds $164.7M to Republic Services Stake
RSG is trading near its 52-week low of $196.41 (13% above the low).
Summary
Bill Gates' Cascade Investment bought $164.7 million of Republic Services stock on September 3-4, extending a multi-week buying spree that has now exceeded $500 million.
Key Events · Ownership and Investor Activity · RSG
-
Cascade Investment Buys $164.7M
Cascade Investment, Bill Gates' investment vehicle, purchased 735,303 shares of Republic Services for $164.7 million across seven transactions on September 3-4, 2026.
-
Stake Rises to 115.8M Shares
Post-transaction holdings reached 115,756,830 shares, extending a multi-week accumulation that has now totaled over $500 million since mid-August.
-
Buying Near 52-Week High
Purchases were executed at $222.81-$225.35 per share, near the stock's 52-week high of $233.42, indicating continued conviction despite elevated prices.
-
Ongoing Accumulation Pattern
This filing marks the fifth Form 4 purchase by Cascade Investment in the last 30 days, following buys of $108.1M, $78.3M, $76.6M, and $83.4M.
Analysis · RSG · Energy & Transportation
Cascade Investment, the investment vehicle of Bill Gates, purchased $164.7 million of Republic Services stock on September 3-4, extending a multi-week accumulation that has now totaled over $500 million since mid-August. The buying comes as the stock trades near its 52-week high, and the 10% owner's stake now stands at 115.8 million shares. While a 10% owner's purchases carry less conviction weight than a CEO's, the sheer size and persistence of this accumulation pattern is notable for a large-cap company.
How filings like this one have moved
In the 30 days to Sep 11, 2026, 30.5% of the 1993 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.21%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, RSG was trading at $222.20 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $67.9B. The 52-week trading range was $196.41 to $233.42. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.