Gates Foundation Trust
Endowment trust · Kirkland, WA · CIK 1166559 · EDGAR filings ↗
Concentrated endowment portfolio.
Reported 13F portfolio value covers U.S. reportable long positions only, not cash, bonds, shorts or non-U.S. holdings. It is not assets under management.
Share of reported common-equity value; (±pp) vs prior quarter.
| # | Security | Weight | Value | Shares | Δ shares | Held | |
|---|---|---|---|---|---|---|---|
| 1 | BRK-B Berkshire Hathaway Inc. | 27.6% | $9.75B | 19.41M | -10.8% | ▼ Trim | 7 |
| 2 | WM Waste Management, Inc. | 18.0% | $6.36B | 28.93M | 0.0% | Held | 7 |
| 3 | CNI Canadian National Railway… | 14.5% | $5.12B | 51.83M | 0.0% | Held | 7 |
| 4 | MSFT Microsoft Corporation | 10.5% | $3.72B | 7.69M | -16.3% | ▼ Trim | 7 |
| 5 | CAT Caterpillar Inc. | 10.3% | $3.64B | 6.35M | 0.0% | Held | 7 |
| 6 | DE Deere & Company | 4.7% | $1.66B | 3.56M | 0.0% | Held | 7 |
| 7 | ECL Ecolab Inc. | 3.9% | $1.37B | 5.22M | 0.0% | Held | 7 |
| 8 | WMT Walmart Inc. | 2.6% | $934.78M | 8.39M | 0.0% | Held | 7 |
| 9 | FDX FedEx Corporation | 1.9% | $688.75M | 2.38M | 0.0% | Held | 7 |
| 10 | KOF Coca-Cola FEMSA, S.A.B. de… | 1.7% | $588.60M | 6.21M | 0.0% | Held | 7 |
| 11 | WCN Waste Connections, Inc. | 1.0% | $357.59M | 2.04M | 0.0% | Held | 7 |
| 12 | CPNG Coupang, Inc. | 0.6% | $218.16M | 9.25M | 0.0% | Held | 7 |
| 13 | MSGS Madison Square Garden… | 0.4% | $153.23M | 592.41K | 0.0% | Held | 7 |
| 14 | SDGR Schrödinger, Inc. | 0.4% | $124.83M | 6.98M | 0.0% | Held | 7 |
| 15 | WST West Pharmaceutical… | 0.3% | $122.30M | 444.50K | 0.0% | Held | 4 |
| 16 | PCAR PACCAR Inc | 0.3% | $109.51M | 1.00M | 0.0% | Held | 6 |
| 17 | BUD Anheuser-Busch InBev SA/NV | 0.3% | $109.06M | 1.70M | 0.0% | Held | 7 |
| 18 | MCD McDonald's Corporation | 0.3% | $102.36M | 334.90K | 0.0% | Held | 5 |
| 19 | DHR Danaher Corporation | 0.2% | $85.39M | 373.00K | 0.0% | Held | 7 |
| 20 | KHC The Kraft Heinz Company | 0.2% | $59.96M | 2.47M | 0.0% | Held | 7 |
| 21 | HRL Hormel Foods Corporation | 0.1% | $49.42M | 2.09M | 0.0% | Held | 7 |
| 22 | ONON On Holding AG | 0.1% | $23.24M | 500.00K | 0.0% | Held | 7 |
| 23 | VLTO Veralto Corporation | 0.0% | $12.41M | 124.33K | 0.0% | Held | 7 |
Common-stock (SH) positions only; option lines are in the Options tab and are never netted. ✂ = change computed against split-adjusted prior shares. “Held N+” = held every quarter in our window, possibly longer.
| Security | Shares | Prior | Change | Value | Weight | Streak |
|---|---|---|---|---|---|---|
| None this quarter. | ||||||
| Security | Shares | Prior | Change | Value | Weight | Streak |
|---|---|---|---|---|---|---|
| None this quarter. | ||||||
| Security | Shares | Prior | Change | Value | Weight | Streak |
|---|---|---|---|---|---|---|
| BRK-B Berkshire Hathaway Inc. | 19.41M | 21.77M | -10.8% | $9.75B | 27.6% | ●●○○○○ |
| MSFT Microsoft Corporation | 7.69M | 9.19M | -16.3% | $3.72B | 10.5% | ●●●○○○ |
| Security | Shares | Prior | Change | Value | Weight | Streak |
|---|---|---|---|---|---|---|
| None this quarter. | ||||||
Consecutive quarters each current position has been reported, within our data window.
| Manager | Common positions | Name overlap | Weighted similarity | |
|---|---|---|---|---|
| Markel Group | 6 | 4.0% | 0.3265 | Compare ⇄ |
| State Farm Mutual Automobile Insurance… | 5 | 4.0% | 0.2942 | Compare ⇄ |
| Caisse De Depot Et Placement Du Quebec | 18 | 2.5% | 0.2353 | Compare ⇄ |
| Fisher Asset Management | 16 | 1.5% | 0.1302 | Compare ⇄ |
| Baird Financial Group, Inc. | 21 | 1.1% | 0.129 | Compare ⇄ |
| 1832 Asset Management L.P. | 13 | 2.1% | 0.1251 | Compare ⇄ |
| Two Sigma Investments | 20 | 0.5% | 0.1247 | Compare ⇄ |
| Artisan Partners Limited Partnership | 6 | 1.7% | 0.1162 | Compare ⇄ |
Similarity of reported longs only; hedges and non-13F assets are invisible. Methodology
$34.42B · 24 holdings listed · View original SEC filing ↗
$31.67B · 22 holdings listed · View original SEC filing ↗
$35.36B · 23 holdings listed · View original SEC filing ↗
$36.58B · 23 holdings listed · View original SEC filing ↗
$47.78B · 25 holdings listed · View original SEC filing ↗
$41.81B · 25 holdings listed · View original SEC filing ↗
$42.02B · 24 holdings listed · View original SEC filing ↗
$45.09B · 24 holdings listed · View original SEC filing ↗
$47.67B · 23 holdings listed · View original SEC filing ↗