GATES FOUNDATION TRUST
Portfolio value QoQ: +8.7% 13F does not disclose cash
Top 10 holdings weight94.91%
Top 25 holdings weight100.00%
Positions above 1%10
Effective number of positions6.5
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 1.61% Est. buys $532,699,331 · sells $1,385,556,007
Median holding: 6.0 quarters Tracked Q1 2025–Q2 2026 · 88.9% still held
New positions2
Increased0
Decreased2
Closed1
Portfolio value
$34.4B
Positions
24
As of
June 30, 2026 Data as of Q2 2026
Sector breakdown
Full portfolio 24 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| BRK-B | $7,350,651,039 | 21.35% | 14,689,844 | $-818,896,238 | Down ×4 | ||
| CAT | $6,765,963,549 | 19.65% | 6,353,614 | $2,264,682,175 | |||
| CNI | $6,179,825,963 | 17.95% | 51,826,786 | $853,587,166 | |||
| WM | $5,955,519,423 | 17.30% | 26,720,744 | $-396,414,805 | Down ×2 | ||
| DE | $2,256,551,587 | 6.56% | 3,557,378 | $252,680,560 | |||
| ECL | $1,453,799,239 | 4.22% | 5,218,044 | $65,695,174 | |||
| WMT | $950,305,425 | 2.76% | 8,390,477 | $-92,463,057 | |||
| FDX | $746,615,273 | 2.17% | 2,384,362 | $-102,646,784 | |||
| KOF | $660,313,894 | 1.92% | 6,214,719 | $54,068,056 | |||
| HD | $352,680,000 | 1.02% | 1,000,000 | Up ×1 | |||
| WCN | $339,910,081 | 0.99% | 2,039,175 | $8,666,494 | |||
| MSGS | $238,052,427 | 0.69% | 592,406 | $47,653,139 | |||
| Unknown issuer (CUSIP: 314352105) | $180,019,331 | 0.52% | 1,192,181 | Up ×1 | |||
| CPNG | $160,638,542 | 0.47% | 9,248,045 | $-13,964,548 | |||
| WST | $159,575,500 | 0.46% | 444,500 | $48,166,020 | |||
| BUD | $140,327,200 | 0.41% | 1,703,000 | $22,190,090 | |||
| PCAR | $120,120,000 | 0.35% | 1,000,000 | $4,620,000 | |||
| SDGR | $113,452,040 | 0.33% | 6,981,664 | $34,140,337 | |||
| MCD | $90,526,819 | 0.26% | 334,900 | $-13,556,752 | |||
| DHR | $71,049,040 | 0.21% | 373,000 | $328,240 | |||
| KHC | $58,402,812 | 0.17% | 2,472,600 | $2,794,038 | |||
| HRL | $51,756,898 | 0.15% | 2,085,290 | $4,525,079 | |||
| ONON | $17,710,000 | 0.05% | 500,000 | $700,000 | |||
| VLTO | $11,025,850 | 0.03% | 124,333 | $32,326 | |||
| No matches | |||||||
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| HD | $352,680,000 | 1,000,000 | 1.02% |
| Unknown issuer (CUSIP: 314352105) | $180,019,331 | 1,192,181 | 0.52% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| CAT | Price move only | +0 | +$2.3B |
| CNI | Price move only | +0 | +$853.6M |
| BRK-B | Trimmed | -2.4M | -$818.9M |
| WM | Trimmed | -922K | -$396.4M |
| DE | Price move only | +0 | +$252.7M |
| FDX | Price move only | +0 | -$102.6M |
| WMT | Price move only | +0 | -$92.5M |
| ECL | Price move only | +0 | +$65.7M |
| KOF | Price move only | +0 | +$54.1M |
| WST | Price move only | +0 | +$48.2M |
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.