GATES FOUNDATION TRUST

Endowment

CIK

1166559

Location

KIRKLAND, WA

Portfolio Value

Large $34,424,791,923

Diversification

Moderately concentrated

Filing Date

Global Rank

#243 / 8,798 ▼ 21 · as of Jun 2026

Top Industry

Farm & Heavy Construction Machinery 26.6%

Period ended 3 months ago

Filed Aug 14, 2026 · 58d

26 quarters · since Mar 2020

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

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Portfolio Concentration

24 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

21.4%

−4.4 pts

Top 5

82.8%

−0.4 pts

Top 10

94.9%

−1.6 pts

HHI

1,544

Moderately concentrated−92

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Industrials	65.5%	$22,555,551,052	9
Financial Services	21.4%	$7,350,651,039	1
Consumer Defensive	5.4%	$1,861,106,227	5
Basic Materials	4.2%	$1,453,799,238	1
Consumer Cyclical	1.8%	$621,555,360	4
Healthcare	1.0%	$344,076,580	3
Communication Services	0.7%	$238,052,427	1

Last Quarter's Activity

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Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

No qualifying positions this quarter.

Trimmed

Positions the filer reduced

2 positions

Ticker	Company	Δ Shares	Shares	Value
BRK-B	Berkshire Hathaway Inc	−2,358,460	14,689,844	$7,350,651,039
WM	Waste Management Inc	−921,600	26,720,744	$5,955,519,422
No positions match the current search.

New Positions

Positions the filer opened this quarter

2 positions

Ticker	Company	Shares	Value
HD	Home Depot, Inc.	1,000,000	$352,680,000
FDXF	FedEx Freight Holding Company, Inc.	1,192,181	$180,019,331
No positions match the current search.

Sold Out

Positions the filer fully exited

No qualifying positions this quarter.

Portfolio Positions

Compact Export CSV View 13F filing

24 tracked positions · $34,424,791,923 total · filing declares 24 positions · $34,424,791,932 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Financial Services Healthcare Industrials

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	14,689,844	-2,358,460	$7,350,651,039	−10.0%	21.35%
CAT	Caterpillar Inc Industrials	Held	6,353,614	0	$6,765,963,548	+50.3%	19.65%
CNI	Canadian National Railway Co Industrials	Held	51,826,786	0	$6,179,825,962	+16.0%	17.95%
WM	Waste Management Inc Industrials	Reduced	26,720,744	-921,600	$5,955,519,422	−6.2%	17.30%
DE	Deere & Co Industrials	Held	3,557,378	0	$2,256,551,586	+12.6%	6.56%
ECL	Ecolab Inc. Basic Materials	Held	5,218,044	0	$1,453,799,238	+4.7%	4.22%
WMT	Walmart Inc. Consumer Defensive	Held	8,390,477	0	$950,305,425	−8.9%	2.76%
FDX	Fedex Corp Industrials	Held	2,384,362	0	$746,615,273	−12.1%	2.17%
KOF	Coca Cola Femsa Sab De CV Consumer Defensive	Held	6,214,719	0	$660,313,893	+8.9%	1.92%
HD	Home Depot, Inc. Consumer Cyclical	NEW	1,000,000	NEW	$352,680,000	NEW	1.02%
WCN	Waste Connections, Inc. Industrials	Held	2,039,175	0	$339,910,080	+2.6%	0.99%
MSGS	Madison Square Garden Sports Corp. Communication Services	Held	592,406	0	$238,052,427	+25.0%	0.69%
FDXF	FedEx Freight Holding Company, Inc. Industrials	NEW	1,192,181	NEW	$180,019,331	NEW	0.52%
CPNG	Coupang, Inc. Consumer Cyclical	Held	9,248,045	0	$160,638,541	−8.0%	0.47%
WST	West Pharmaceutical Services Inc Healthcare	Held	444,500	0	$159,575,500	+43.2%	0.46%
BUD	Anheuser-Busch InBev SA/NV Consumer Defensive	Held	1,703,000	0	$140,327,200	+18.8%	0.41%
PCAR	Paccar Inc Industrials	Held	1,000,000	0	$120,120,000	+4.0%	0.35%
SDGR	Schrodinger, Inc. Healthcare	Held	6,981,664	0	$113,452,040	+43.0%	0.33%
MCD	Mcdonalds Corp Consumer Cyclical	Held	334,900	0	$90,526,819	−13.0%	0.26%
DHR	Danaher Corp /De/ Healthcare	Held	373,000	0	$71,049,040	+0.5%	0.21%
KHC	Kraft Heinz Co Consumer Defensive	Held	2,472,600	0	$58,402,812	+5.0%	0.17%
HRL	Hormel Foods Corp /De/ Consumer Defensive	Held	2,085,290	0	$51,756,897	+9.6%	0.15%
ONON	On Holding AG Consumer Cyclical	Held	500,000	0	$17,710,000	+4.1%	0.05%
VLTO	Veralto Corp Industrials	Held	124,333	0	$11,025,850	+0.3%	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.