Bill & Melinda Gates Foundation TrustSuperinvestor
About Bill & Melinda Gates Foundation Trust’s 13F portfolio
Bill & Melinda Gates Foundation Trust is an institutional investment manager that discloses its US-listed holdings each quarter through an SEC Form 13F filing. As of , Bill & Melinda Gates Foundation Trust reported $34.4B across 24 US-listed positions (). Its largest position is BERKSHIRE HATHAWAY INC DEL (BRK/B) at 21% of the reported book, and its ten biggest holdings make up 95% of the portfolio. Browse every manager in the fund managers directory, or see the legendary investors we track on the superinvestors page.
| # | Stock | Price | % of portfolio | Shares | Value |
|---|---|---|---|---|---|
| 1 |  BRK/B BERKSHIRE HATHAWAY INC DEL | — — | 21% | 14.7M | $7.4B |
| 2 |  NYSE: CAT CATERPILLAR INC | — — | 20% | 6.4M | $6.8B |
| 3 |  NYSE: CNI CANADIAN NATL RY CO | — — | 18% | 51.8M | $6.2B |
| 4 |  NYSE: WM WASTE MGMT INC DEL | — — | 17% | 26.7M | $6.0B |
| 5 |  NYSE: DE DEERE & CO | — — | 6.6% | 3.6M | $2.3B |
| 6 |  NYSE: ECL ECOLAB INC | — — | 4.2% | 5.2M | $1.5B |
| 7 |  NASDAQ: WMT WALMART INC | — — | 2.8% | 8.4M | $950.3M |
| 8 |  NYSE: FDX FEDEX CORP | — — | 2.2% | 2.4M | $746.6M |
| 9 |  NYSE: KOF COCA-COLA FEMSA SAB DE CV | — — | 1.9% | 6.2M | $660.3M |
| 10 |  NYSE: HD HOME DEPOT INC | — — | 1.0% | 1.0M | $352.7M |
| 11 |  NYSE: WCN WASTE CONNECTIONS INC | — — | 1.0% | 2.0M | $339.9M |
| 12 |  NYSE: MSGS MADISON SQUARE GRDN SPRT COR | — — | 0.7% | 592K | $238.1M |
| 13 |  NYSE: FDXF FEDEX FGHT HLDG CO INC | — — | 0.5% | 1.2M | $180.0M |
| 14 |  NYSE: CPNG COUPANG INC | — — | 0.5% | 9.2M | $160.6M |
| 15 |  NYSE: WST WEST PHARMACEUTICAL SVSC INC | — — | 0.5% | 445K | $159.6M |
| 16 |  OTC: BUDFF ANHEUSER BUSCH INBEV SA NV | — — | 0.4% | 1.7M | $140.3M |
| 17 |  NASDAQ: PCAR PACCAR INC | — — | 0.3% | 1.0M | $120.1M |
| 18 |  NASDAQ: SDGR SCHRODINGER INC | — — | 0.3% | 7.0M | $113.5M |
| 19 |  NYSE: MCD MCDONALDS CORP | — — | 0.3% | 335K | $90.5M |
| 20 |  NYSE: DHR DANAHER CORP DEL | — — | 0.2% | 373K | $71.0M |
| 21 |  NASDAQ: KHC KRAFT HEINZ CO | — — | 0.2% | 2.5M | $58.4M |
| 22 |  NYSE: HRL HORMEL FOODS CORP | — — | 0.2% | 2.1M | $51.8M |
| 23 |  NYSE: ONON ON HLDG AG | — — | 0.1% | 500K | $17.7M |
| 24 |  NYSE: VLTO VERALTO CORP | — — | 0.0% | 124K | $11.0M |
Showing the 24 largest positions reported in this 13F.
- Industrials65%
- Consumer Defensive5.0%
- Basic Materials4.2%
- Consumer Cyclical1.8%
- Healthcare1.0%
- Communication Services0.7%
- NewHDHOME DEPOT INC—$352.7M
- NewFDXFFEDEX FGHT HLDG CO INC—$180.0M
- ReducedBRK/BBERKSHIRE HATHAWAY INC DEL−13.8%$7.4B
- ReducedWMWASTE MGMT INC DEL−3.3%$6.0B
Reading Bill & Melinda Gates Foundation Trust’s 13F portfolio
Bill & Melinda Gates Foundation Trust’s $34.4B 13F book is spread across 24 reported positions and is highly concentrated — its ten largest positions alone are 95% of the portfolio. A book this concentrated means a small group of names drives most of its performance. Its five largest positions are BRK/B, CAT, CNI, WM and DE, led by BERKSHIRE HATHAWAY INC DEL (BRK/B) at 21% of the portfolio. The heaviest sector exposure is Industrials (65%), then Consumer Defensive (5%).
What Bill & Melinda Gates Foundation Trust changed last quarter
Between 2026-03-31 and Q2 2026, Bill & Melinda Gates Foundation Trust was roughly balanced between buying and selling: it opened 2 new positions and added to 0 more, while trimming 2 and closing 0 outright. Against a 24-name book, that is moderate turnover, pointing to steady rotation within the portfolio. Its largest new or increased position was HOME DEPOT INC (HD), and its biggest reduction was BERKSHIRE HATHAWAY INC DEL (BRK/B).
What a 13F does and doesn’t reveal
A 13F captures only Bill & Melinda Gates Foundation Trust’s long positions in US-listed stocks at a single quarter-end, so it is best read as a lagged snapshot rather than a live portfolio. It won’t show shorts, cash, bonds, or holdings listed outside the US, and it never reveals the price paid or the reasoning behind a trade. The signal is in the pattern over time: which names Bill & Melinda Gates Foundation Trust is building up, trimming, or exiting, and how concentrated the book stays from quarter to quarter.
Frequently asked questions
What is an SEC 13F filing?
A Form 13F is a report that every institutional investment manager with at least $100 million in US-listed securities must file with the SEC within 45 days of each quarter's end. It lists the manager's long positions in US-listed stocks and certain options, with the share count and market value of each. Bill & Melinda Gates Foundation Trust's profile on this page is built directly from those filings.
How current is the 13F data on Bill & Melinda Gates Foundation Trust's page?
It reflects Bill & Melinda Gates Foundation Trust's most recently filed 13F, currently the quarter ending Q2 2026. Because managers have up to 45 days after a quarter closes to file, a 13F is always a slightly lagged view rather than a live portfolio. When Bill & Melinda Gates Foundation Trust files its next quarterly report, this page refreshes automatically.
Can I see Bill & Melinda Gates Foundation Trust's complete list of holdings?
This page highlights Bill & Melinda Gates Foundation Trust's largest positions rather than all 24 names in the filing. The complete, position-by-position 13F is public and available from the SEC's EDGAR database under Bill & Melinda Gates Foundation Trust's filings.
Does a 13F show everything Bill & Melinda Gates Foundation Trust owns?
No. A 13F only covers long positions in US-listed stocks and certain options. It leaves out short positions, cash, bonds, commodities, foreign-listed stocks, and private holdings, so it is a partial view of Bill & Melinda Gates Foundation Trust's book rather than its full strategy or total assets.
Is 13F data investment advice?
No. Everything here is educational. 13F positions are disclosed with a delay, cover only long US-listed holdings, and never explain why Bill & Melinda Gates Foundation Trust made a trade or at what price. Treat it as a research lens, not a recommendation, and speak with a licensed financial advisor before making investment decisions.
Not investment advice. Holdings data comes from public SEC Form 13F filings, which are filed with a delay of up to 45 days and may be amended later. It describes historical, disclosed positions in US-listed securities only, meaning no shorts, cash, or foreign holdings, and it is not a recommendation. Always do your own research and speak with a licensed financial advisor before making investment decisions.