BILL & MELINDA GATES FOUNDATION TRUST
The Gates Foundation Trust's long-term, low-turnover endowment portfolio.
13F Reported Value
ⓘ$31.7B
Holdings
22
Latest Filing
2026-03-31
Filing Quarter
Q1 2026
Portfolio Overview
BILL & MELINDA GATES FOUNDATION TRUST disclosed 22 positions worth $31.7B in its Form 13F-HR for Q1 2026, led by $BRK.B (BERKSHIRE HATHAWAY INC) at 25.8% of the equity portfolio, followed by $WM and $CNI. During the quarter the fund opened 0 new positions and exited 1 and a full exit from $MSFT. The portfolio is most concentrated in Industrials (40.4% of disclosed assets). All figures are sourced directly from BILL & MELINDA GATES FOUNDATION TRUST’s Form 13F-HR filing with the SEC under CIK 1166559.
AI Fund Analysis
Stable
Sector Allocation
AUM History
Top Equity Holdings by Value
Quarterly Activity — Q1 2026
Click any card to unlockTop Holdings
- 64.5#634
Quality
$8.2B17,048,304 sh - 70.7#295
Quality
$6.4B27,642,344 sh - —
Quality
$5.3B51,826,786 sh - 67.8
Quality
$4.5B6,353,614 sh - 57.4
Quality
$2.0B3,557,378 sh - 64.3
Quality
$1.4B5,218,044 sh - 63.2
Quality
$1.0B8,390,477 sh - 60.3
Quality
$849.3M2,384,362 sh - —
Quality
$606.2M6,214,719 sh - —
Quality
$331.2M2,039,175 sh
| Company | Quality | Value | Shares |
|---|---|---|---|
 BERKSHIRE HATHAWAY INC$BRK.B | 64.5#634 | $8.2B | 17,048,304 |
 WASTE MANAGEMENT INC$WM | 70.7#295 | $6.4B | 27,642,344 |
 CANADIAN NATIONAL RAILWAY CO$CNI | — | $5.3B | 51,826,786 |
 CATERPILLAR INC$CAT | 67.8 | $4.5B | 6,353,614 |
 DEERE & CO$DE | 57.4 | $2.0B | 3,557,378 |
 ECOLAB INC.$ECL | 64.3 | $1.4B | 5,218,044 |
 Walmart Inc.$WMT | 63.2 | $1.0B | 8,390,477 |
 FEDEX CORP$FDX | 60.3 | $849.3M | 2,384,362 |
 COCA COLA FEMSA SAB DE CV$KOF | — | $606.2M | 6,214,719 |
 Waste Connections, Inc.$WCN | — | $331.2M | 2,039,175 |
Unlock AI quality scores for every holding
32-signal composite ranking on each of BILL & MELINDA GATES FOUNDATION TRUST's 22 positions.
Showing top 10 of 22 holdings.
Sector Allocation
Industrials
$12.8B
Financials
$8.2B
Utilities
$6.7B
Materials
$1.4B
Consumer Discretionary
$1.3B
Consumer Staples
$827.2M
Healthcare
$190.7M
Communication Services
$190.4M
Full Holdings — BILL & MELINDA GATES FOUNDATION TRUST (Q1 2026)
All 22 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.
| # | Ticker | Company | Value | Weight | QoQ | Quality |
|---|---|---|---|---|---|---|
| 1 | $BRK.B | BERKSHIRE HATHAWAY INC | $8.2B | 25.8% | -12% | 64.5 |
| 2 | $WM | WASTE MANAGEMENT INC | $6.4B | 20.1% | -4% | 70.7 |
| 3 | $CNI | CANADIAN NATIONAL RAILWAY CO | $5.3B | 16.8% | +0% | — |
| 4 | $CAT | CATERPILLAR INC | $4.5B | 14.2% | +0% | 67.8 |
| 5 | $DE | DEERE & CO | $2.0B | 6.3% | +0% | 57.4 |
| 6 | $ECL | ECOLAB INC. | $1.4B | 4.4% | +0% | 64.3 |
| 7 | $WMT | Walmart Inc. | $1.0B | 3.3% | +0% | 63.2 |
| 8 | $FDX | FEDEX CORP | $849.3M | 2.7% | +0% | 60.3 |
| 9 | $KOF | COCA COLA FEMSA SAB DE CV | $606.2M | 1.9% | +0% | — |
| 10 | $WCN | Waste Connections, Inc. | $331.2M | 1.1% | +0% | — |
| 11 |  $MSGS | Madison Square Garden Sports Corp. | $190.4M | 0.6% | +0% | 46.5 |
| 12 |  $CPNG | Coupang, Inc. | $174.6M | 0.6% | +0% | 56.4 |
| 13 |  $BUD | Anheuser-Busch InBev SA/NV | $118.1M | 0.4% | +0% | — |
| 14 |  $PCAR | PACCAR INC | $115.5M | 0.4% | +0% | 56.5 |
| 15 |  $WST | WEST PHARMACEUTICAL SERVICES INC | $111.4M | 0.3% | +0% | 66.8 |
| 16 |  $MCD | MCDONALDS CORP | $104.1M | 0.3% | +0% | 73.9 |
| 17 |  $SDGR | Schrodinger, Inc. | $79.3M | 0.3% | +0% | 31 |
| 18 |  $DHR | DANAHER CORP /DE/ | $70.7M | 0.2% | +0% | 63.9 |
| 19 |  $KHC | Kraft Heinz Co | $55.6M | 0.2% | +0% | 42.5 |
| 20 |  $HRL | HORMEL FOODS CORP /DE/ | $47.2M | 0.1% | +0% | 58.4 |
| 21 |  $ONON | On Holding AG | $17.0M | 0.1% | +0% | — |
| 22 |  $VLTO | Veralto Corp | $11.0M | 0.0% | +0% | 74.4 |
Exited Positions (1)
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