Back to funds
View filing
GATES FOUNDATION TRUST
hedge fundUpdated 27 days agoManaged by Bill & Melinda Gates Foundation Trust • Latest filing Q2 2026
Portfolio value
$34.4B
Q2 2026
Filings
14
Quarterly 13F history
Top-10 concentration
94.9%
Weight of largest holdings
Annualized return
-1.8%
Implied from 13F holdings
Portfolio value history
13F-disclosed portfolio value over 14 quarters
Show data table
| Period | Portfolio value |
|---|---|
| Q1 2023 | $36.5B |
| Q2 2023 | $42.1B |
| Q3 2023 | $38.9B |
| Q4 2023 | $42.3B |
| Q1 2024 | $45.9B |
| Q2 2024 | $47.7B |
| Q3 2024 | $45.1B |
| Q4 2024 | $42B |
| Q1 2025 | $41.8B |
| Q2 2025 | $47.8B |
| Q3 2025 | $36.6B |
| Q4 2025 | $35.4B |
| Q1 2026 | $31.7B |
| Q2 2026 | $34.4B |
Top holdings
24 positions as of Q2 2026
| # | Stock | Value | Shares | % Portfolio | Change |
|---|---|---|---|---|---|
| 1 | B BRK-A BERKSHIRE HATHAWAY INC DEL | $7.4B | 14.69M | 21.35% | Trimmed(-13.8%) |
| 2 | C CAT CATERPILLAR INC | $6.8B | 6.35M | 19.65% | Unchanged |
| 3 | C CNI CANADIAN NATL RY CO | $6.2B | 51.83M | 17.95% | Unchanged |
| 4 | W WM WASTE MGMT INC DEL | $6B | 26.72M | 17.30% | Trimmed(-3.3%) |
| 5 | D DE DEERE & CO | $2.3B | 3.56M | 6.55% | Unchanged |
| 6 | E ECL ECOLAB INC | $1.5B | 5.22M | 4.22% | Unchanged |
| 7 | W WMT WALMART INC | $950.3M | 8.39M | 2.76% | Unchanged |
| 8 | F FDX FEDEX CORP | $746.6M | 2.38M | 2.17% | Unchanged |
| 9 | K KO COCA-COLA FEMSA SAB DE CV | $660.3M | 6.21M | 1.92% | Unchanged |
| 10 | H HD HOME DEPOT INC | $352.7M | 1.00M | 1.02% | — |
| 11 | W WCN WASTE CONNECTIONS INC | $339.9M | 2.04M | 0.99% | Unchanged |
| 12 | M MSGS MADISON SQUARE GRDN SPRT COR | $238.1M | 592.4K | 0.69% | Unchanged |
| 13 | F FDXF FEDEX FGHT HLDG CO INC | $180M | 1.19M | 0.52% | — |
| 14 | C CPNG COUPANG INC | $160.6M | 9.25M | 0.47% | Unchanged |
| 15 | W WST WEST PHARMACEUTICAL SVSC INC | $159.6M | 444.5K | 0.46% | Unchanged |
| 16 | B BUDFF ANHEUSER BUSCH INBEV SA NV | $140.3M | 1.70M | 0.41% | Unchanged |
| 17 | P PCAR PACCAR INC | $120.1M | 1.00M | 0.35% | Unchanged |
| 18 | S SCHL SCHRODINGER INC | $113.5M | 6.98M | 0.33% | Unchanged |
| 19 | M MCD MCDONALDS CORP | $90.5M | 334.9K | 0.26% | Unchanged |
| 20 | D DHR DANAHER CORP DEL | $71M | 373.0K | 0.21% | Unchanged |