管理人记录 · ✦ 精选 · 已归档季度

Gates Foundation Trust

Endowment trust · Kirkland, WA · CIK 1166559 · EDGAR 文件 ↗

Concentrated endowment portfolio.

$41.81B13F报告持仓市值

25持仓明细

95.8%前十大权重

5.90有效持仓

4.2%预计换手率

+1新增

−0清仓

13F报告持仓市值仅涵盖美国可报告的多头头寸——不含现金、债券、空头或非美国持仓，并非管理资产规模。

各季度报告持仓市值 Q2 2024 → Q2 2026

板块敞口

工业 43.4% (+1.7pp)

科技 25.9% (-3.0pp)

金融服务 21.9% (+0.7pp)

必选消费 3.9% (+0.2pp)

基础材料 3.2% (+0.3pp)

可选消费 0.8% (+0.0pp)

医疗保健 0.4% (+0.2pp)

房地产 0.4% (+0.1pp)

通信服务 0.3% (+0.0pp)

占已申报普通股权益价值的比例；（±pp）较上一季度。

持仓组合 · Q1 2025

#	证券	权重	价值	股份	Δ股份		持有
1	MSFT Microsoft Corporation	25.6%	$10.68B	28.46M	0.0%	Held	4
2	BRK-B Berkshire Hathaway Inc.	21.9%	$9.15B	17.17M	-12.6%	▼ Trim	4
3	WM Waste Management, Inc.	17.9%	$7.46B	32.23M	0.0%	Held	4
4	CNI Canadian National Railway…	12.8%	$5.34B	54.83M	0.0%	Held	4
5	CAT Caterpillar Inc.	5.8%	$2.43B	7.35M	0.0%	Held	4
6	DE Deere & Company	4.0%	$1.67B	3.56M	0.0%	Held	4
7	ECL Ecolab Inc.	3.2%	$1.32B	5.22M	0.0%	Held	4
8	WMT Walmart Inc.	1.9%	$798.05M	9.09M	0.0%	Held	4
9	FDX FedEx Corporation	1.5%	$617.83M	2.53M	0.0%	Held	4
10	KOF Coca-Cola FEMSA, S.A.B. de…	1.4%	$567.34M	6.21M	0.0%	Held	4
11	WCN Waste Connections, Inc.	1.0%	$419.50M	2.15M	0.0%	Held	4
12	CPNG Coupang, Inc.	0.5%	$202.81M	9.25M	0.0%	Held	4
13	CCI Crown Castle Inc.	0.4%	$148.01M	1.42M	0.0%	Held	4
14	SDGR Schrödinger, Inc.	0.3%	$137.82M	6.98M	0.0%	Held	4
15	MSGS Madison Square Garden…	0.3%	$115.35M	592.41K	0.0%	Held	4
16	BUD Anheuser-Busch InBev SA/NV	0.3%	$104.84M	1.70M	0.0%	Held	4
17	MCD McDonald's Corporation	0.2%	$104.61M	334.90K	0.0%	Held	2
18	WST West Pharmaceutical…	0.2%	$99.51M	444.50K	新增	New	1
19	PCAR PACCAR Inc	0.2%	$97.37M	1.00M	0.0%	Held	3
20	UPS United Parcel Service, Inc.	0.2%	$83.05M	755.09K	0.0%	Held	4
21	KHC The Kraft Heinz Company	0.2%	$79.81M	2.62M	0.0%	Held	4
22	DHR Danaher Corporation	0.2%	$76.47M	373.00K	0.0%	Held	4
23	HRL Hormel Foods Corporation	0.2%	$67.92M	2.20M	0.0%	Held	4
24	ONON On Holding AG	0.1%	$21.96M	500.00K	0.0%	Held	4
25	VLTO Veralto Corporation	0.0%	$12.12M	124.33K	0.0%	Held	4

仅含普通股（SH）持仓；期权行显示于"期权"标签页，且不作净额处理。✂ = 变动基于拆股调整后的前期持股数计算。"持有 N+ 季度"= 在我们的数据窗口内每季度均有持仓，实际持有时间可能更长。

证券	股份	上期	变动	价值	权重	连续记录
WST West Pharmaceutical…	444.50K	—	新增	$99.51M	0.2%

证券	股份	上期	变动	价值	权重	连续记录
BRK-B Berkshire Hathaway Inc.	17.17M	19.66M	-12.6%	$9.15B	21.9%	●●●○○○

持仓持有时长

10–1 季度

242–4 季度

当前各持仓在我们数据窗口内已连续报告的季度数。

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