Bill Gates portfolio

Gates Foundation Trust · 13F for Q2 2026, filed Aug 14, 2026

Gates Foundation Trust, the trust that funds the Gates Foundation, reported 24 positions worth $34.4B as of Jun 30, 2026. The largest were Berkshire Hathaway Inc (21.4%), Caterpillar Inc (19.6%) and Canadian National Railway Co (17.9%). Against Q1 2026: 2 new, 0 added to, 2 reduced, 0 sold out.

The filing on sec.gov · Every fund · What a 13F shows

Reported value: $34.4Bas of Jun 30
Positions: 242 new, 0 sold out
Largest position: BRK-B21.4% of the portfolio
Top 10 positions: 95%of reported value

What Bill Gates bought

Q2 2026 against Q1 2026

Position	Change	Value
HDHome Depot, Inc.	New	$353M
Fedex Fght Hldg Co Inc	New	$180M

What Bill Gates sold

Q2 2026 against Q1 2026

Position	Change	Value
BRK-BBerkshire Hathaway Inc	−13.8%	$1.2B
WMWaste Management Inc	−3.3%	$205M

Every position, largest first

24 positions, Q2 2026

#	Position	Portfolio	Value	Shares	Change
1	BRK-BBerkshire Hathaway Inc	21.4%	$7.4B	14,689,844	−13.8%
2	CATCaterpillar Inc	19.6%	$6.8B	6,353,614	No change
3	CNICanadian National Railway Co	17.9%	$6.2B	51,826,786	No change
4	WMWaste Management Inc	17.3%	$6.0B	26,720,744	−3.3%
5	DEDeere & Co	6.56%	$2.3B	3,557,378	No change
6	ECLEcolab Inc.	4.22%	$1.5B	5,218,044	No change
7	WMTWalmart Inc.	2.76%	$950M	8,390,477	No change
8	FDXFedex Corp	2.17%	$747M	2,384,362	No change
9	KOFCoca Cola Femsa Sab De Cv	1.92%	$660M	6,214,719	No change
10	HDHome Depot, Inc.	1.02%	$353M	1,000,000	New
11	WCNWaste Connections, Inc.	0.99%	$340M	2,039,175	No change
12	MSGSMadison Square Garden Sports Corp.	0.69%	$238M	592,406	No change
13	Fedex Fght Hldg Co Inc	0.52%	$180M	1,192,181	New
14	CPNGCoupang, Inc.	0.47%	$161M	9,248,045	No change
15	WSTWest Pharmaceutical Services Inc	0.46%	$160M	444,500	No change
16	BUDAnheuser-Busch InBev SA/NV	0.41%	$140M	1,703,000	No change
17	PCARPaccar Inc	0.35%	$120M	1,000,000	No change
18	SDGRSchrodinger, Inc.	0.33%	$113M	6,981,664	No change
19	MCDMcdonalds Corp	0.26%	$90.5M	334,900	No change
20	DHRDanaher Corp	0.21%	$71.0M	373,000	No change
21	KHCKraft Heinz Co	0.17%	$58.4M	2,472,600	No change
22	HRLHormel Foods Corp	0.15%	$51.8M	2,085,290	No change
23	ONONOn Holding AG	0.05%	$17.7M	500,000	No change
24	VLTOVeralto Corp	0.03%	$11.0M	124,333	No change

What a 13F shows

This is Gates Foundation Trust’s Form 13F for the quarter ended Jun 30, 2026, filed with the SEC on Aug 14, 2026 as GATES FOUNDATION TRUST. A 13F lists long positions in US-listed securities on the quarter’s last day: shares, convertible bonds, puts and calls. It does not list short positions, cash, private holdings or most securities listed abroad, and a position may have changed since.

Options are shown as options, never added to the shares of the stock they are written on. A change is the share count against the fund's filing for Q1 2026; the estimated value of a change uses the price the filing's own figures imply. Where a count moved with a stock split, no change is shown.