GATES FOUNDATION TRUST
Regulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
Portfolio style
Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.
Closest benchmark: the Dow Jones Industrial Average as of 2026-07-31, active share 88.2%; sector active share 68.8% against the combined 13F book's sector weights.
Over time 26 measured quarters
How the bands are measured
Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.
Clone Performance
Build a hypothetical price-return history from this filer's public 13F holdings.
View clone backtestPortfolio Concentration
24 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026Portfolio Trend
Sector Breakdown
As of Jun 30, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Industrials | 65.5% | $22,555,551,052 |
| Financial Services | 21.4% | $7,350,651,039 |
| Consumer Defensive | 5.4% | $1,861,106,227 |
| Basic Materials | 4.2% | $1,453,799,238 |
| Consumer Cyclical | 1.8% | $621,555,360 |
| Healthcare | 1.0% | $344,076,580 |
| Communication Services | 0.7% | $238,052,427 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increasedSold Out
Positions the filer fully exited| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| BRK-B |
Berkshire Hathaway Inc
Financial Services
|
Reduced | 14,689,844 | $7,350,651,039 | 21.35% | |
| CAT |
Caterpillar Inc
Industrials
|
Held | 6,353,614 | $6,765,963,548 | 19.65% | |
| CNI |
Canadian National Railway Co
Industrials
|
Held | 51,826,786 | $6,179,825,962 | 17.95% | |
| WM |
Waste Management Inc
Industrials
|
Reduced | 26,720,744 | $5,955,519,422 | 17.30% | |
| DE |
Deere & Co
Industrials
|
Held | 3,557,378 | $2,256,551,586 | 6.56% | |
| ECL |
Ecolab Inc.
Basic Materials
|
Held | 5,218,044 | $1,453,799,238 | 4.22% | |
| WMT |
Walmart Inc.
Consumer Defensive
|
Held | 8,390,477 | $950,305,425 | 2.76% | |
| FDX |
Fedex Corp
Industrials
|
Held | 2,384,362 | $746,615,273 | 2.17% | |
| KOF |
Coca Cola Femsa Sab De CV
Consumer Defensive
|
Held | 6,214,719 | $660,313,893 | 1.92% | |
| HD |
Home Depot, Inc.
Consumer Cyclical
|
NEW | 1,000,000 | $352,680,000 | 1.02% | |
| WCN |
Waste Connections, Inc.
Industrials
|
Held | 2,039,175 | $339,910,080 | 0.99% | |
| MSGS |
Madison Square Garden Sports Corp.
Communication Services
|
Held | 592,406 | $238,052,427 | 0.69% | |
| FDXF |
FedEx Freight Holding Company, Inc.
Industrials
|
NEW | 1,192,181 | $180,019,331 | 0.52% | |
| CPNG |
Coupang, Inc.
Consumer Cyclical
|
Held | 9,248,045 | $160,638,541 | 0.47% | |
| WST |
West Pharmaceutical Services Inc
Healthcare
|
Held | 444,500 | $159,575,500 | 0.46% | |
| BUD |
Anheuser-Busch InBev SA/NV
Consumer Defensive
|
Held | 1,703,000 | $140,327,200 | 0.41% | |
| PCAR |
Paccar Inc
Industrials
|
Held | 1,000,000 | $120,120,000 | 0.35% | |
| SDGR |
Schrodinger, Inc.
Healthcare
|
Held | 6,981,664 | $113,452,040 | 0.33% | |
| MCD |
Mcdonalds Corp
Consumer Cyclical
|
Held | 334,900 | $90,526,819 | 0.26% | |
| DHR |
Danaher Corp /De/
Healthcare
|
Held | 373,000 | $71,049,040 | 0.21% | |
| KHC |
Kraft Heinz Co
Consumer Defensive
|
Held | 2,472,600 | $58,402,812 | 0.17% | |
| HRL |
Hormel Foods Corp /De/
Consumer Defensive
|
Held | 2,085,290 | $51,756,897 | 0.15% | |
| ONON |
On Holding AG
Consumer Cyclical
|
Held | 500,000 | $17,710,000 | 0.05% | |
| VLTO |
Veralto Corp
Industrials
|
Held | 124,333 | $11,025,850 | 0.03% |
Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.