Bill Gates - Gates Foundation Trust
Period:    Q1 2026
Portfolio date:    31 Mar 2026
No. of stocks:    22
Portfolio value:    $31,665,505,891
Holdings Activity Buys Sells    History
History Stock % of
Portfolio
Recent
Activity
Shares Avg. Buy
Price*
Value Current
Price
+/-
Since
Buy
52
Week
Low
52
Week
High
BRK.B - Berkshire Hathaway CL B 25.80 Reduce 12.15% 17,048,304 $336.59 $8,169,547,277 $496.85 47.61% $455.19 $516.85
WM - Waste Management, Inc. 20.06 Reduce 4.47% 27,642,344 $93.40 $6,351,934,228 $236.71 153.45% $191.77 $246.08
CNI - Canadian National Railway Co. 16.82 51,826,786 $92.21 $5,326,238,797 $125.31 35.89% $89.68 $126.12
CAT - Caterpillar Inc. 14.22 6,353,614 $59.16 $4,501,281,374 $931.47 1,474.49% $397.92 $1,073.46
DE - Deere & Co. 6.33 3,557,378 $334.16 $2,003,871,027 $585.64 75.26% $429.14 $670.49
ECL - Ecolab Inc. 4.38 5,218,044 $63.23 $1,388,104,065 $271.85 329.96% $242.49 $307.61
WMT - Walmart Inc. 3.29 8,390,477 $18.41 $1,042,768,482 $114.78 523.49% $93.45 $135.16
FDX - FedEx Corp. 2.68 2,384,362 $148.83 $849,262,057 $313.74 110.81% $170.81 $344.08
KOF - Coca-Cola FEMSA, S.A.B. de C.V. 1.91 6,214,719 $59.45 $606,245,838 $103.47 74.05% $79.38 $115.14
WCN - Waste Connections, Inc. 1.05 2,039,175 $135.13 $331,243,587 $171.17 26.67% $146.89 $190.76
MSGS - Madison Square Garden Sports Corp. 0.60 592,406 $167.41 $190,399,288 $386.11 130.64% $188.60 $411.73
CPNG - Coupang, Inc. 0.55 9,248,045 $36.86 $174,603,090 $17.92 -51.39% $14.92 $34.08
BUD - Anheuser-Busch InBev SA/NV 0.37 1,703,000 $56.72 $118,137,110 $79.33 39.86% $56.14 $85.56
PCAR - PACCAR Inc 0.36 1,000,000 $98.68 $115,500,000 $124.26 25.92% $90.19 $131.13
WST - West Pharmaceutical Services, Inc. 0.35 444,500 $223.88 $111,409,480 $359.70 60.67% $206.12 $367.66
MCD - McDonald's Corp. 0.33 334,900 $289.89 $104,083,571 $272.61 -5.96% $264.53 $337.56
SDGR - Schrödinger, Inc. 0.25 6,981,664 $53.45 $79,311,703 $16.41 -69.30% $10.94 $23.75
DHR - Danaher Corp. 0.22 373,000 $235.30 $70,720,800 $200.16 -14.93% $160.60 $241.78
KHC - The Kraft Heinz Co. 0.18 2,472,600 $33.35 $55,608,774 $25.23 -24.35% $20.66 $27.35
HRL - Hormel Foods Corp. 0.15 2,085,290 $45.55 $47,231,819 $24.46 -46.30% $19.70 $30.04
ONON - On Holdings AG 0.05 500,000 $30.13 $17,010,000 $37.92 25.85% $31.41 $54.41
VLTO - Veralto Corp. 0.03 124,333 $82.26 $10,993,524 $92.91 12.95% $79.91 $109.53
* Avg. Buy Price is an estimated cost basis: the share-weighted average of the quarter-end prices reported when this manager first bought or later added to the position (average-cost method, reset after a full exit). 13F filings disclose only quarter-end holdings, not actual trade prices, so this approximates — but does not exactly equal — what was paid.
Sector % analysis
Industrials 61.55
Financial Services 25.80
Consumer Defensive 5.91
Basic Materials 4.38
Consumer Cyclical 0.93
Healthcare 0.83
Communication Services 0.60