Gates Foundation Trust
Form 13F · CIK 1166559. Holdings on 30 Jun 2026, as filed with the SEC on 14 Aug 2026, each set beside the March 2026 quarter. Filed before as Bill & Melinda Gates Foundation Trust. The 13F on the SEC's site.
Gates Foundation Trust reported 24 positions worth $34.4B for the June 2026 quarter, on a Form 13F filed 14 Aug 2026; the largest holding was Berkshire Hathaway Inc. Class B, at 21.4% of the fund.
What it bought and sold
The largest moves since the March 2026 quarter, by the dollars that moved: 2 opened, 0 added, 2 trimmed, 0 sold out.
New position: 2
| Company | Value | Change in shares |
|---|---|---|
| Home Depot, Inc. (HD) | $352.7M | +1,000,000 |
| Fedex Fght Hldg Co. Inc. Common Stock (FDXF) | $180.0M | +1,192,181 |
Trimmed: 2
| Company | Value | Change in shares |
|---|---|---|
| Berkshire Hathaway Inc. Class B (BRKB) | $7.4B | -2,358,460 |
| Waste Management Inc. (WM) | $6.0B | -921,600 |
Largest holdings
Every holding, by value.
| Company | Value | Of the fund | Shares | Change in shares | Move |
|---|---|---|---|---|---|
| Berkshire Hathaway Inc. Class B (BRKB) | $7.4B | 21.35% | 14,689,844 | -2,358,460 | Trimmed |
| Caterpillar Inc. (CAT) | $6.8B | 19.65% | 6,353,614 | 0 | Held |
| Canadian Natl Ry Co. (CNI) | $6.2B | 17.95% | 51,826,786 | 0 | Held |
| Waste Management Inc. (WM) | $6.0B | 17.30% | 26,720,744 | -921,600 | Trimmed |
| Deere & Co. (DE) | $2.3B | 6.55% | 3,557,378 | 0 | Held |
| Ecolab Inc. (ECL) | $1.5B | 4.22% | 5,218,044 | 0 | Held |
| Walmart Inc. (WMT) | $950.3M | 2.76% | 8,390,477 | 0 | Held |
| FedEx Corp. (FDX) | $746.6M | 2.17% | 2,384,362 | 0 | Held |
| Coca-Cola Femsa Sab De CV (KOF) | $660.3M | 1.92% | 6,214,719 | 0 | Held |
| Home Depot, Inc. (HD) | $352.7M | 1.02% | 1,000,000 | +1,000,000 | New position |
| Waste Connections, Inc. (WCN) | $339.9M | 0.99% | 2,039,175 | 0 | Held |
| MSG Knickerbockers Corp. (MSGS) | $238.1M | 0.69% | 592,406 | 0 | Held |
| Fedex Fght Hldg Co. Inc. Common Stock (FDXF) | $180.0M | 0.52% | 1,192,181 | +1,192,181 | New position |
| Coupang, Inc. (CPNG) | $160.6M | 0.47% | 9,248,045 | 0 | Held |
| West Pharmaceutical Services Inc. (WST) | $159.6M | 0.46% | 444,500 | 0 | Held |
| Anheuser-Busch InBev SA/NV (BUD) | $140.3M | 0.41% | 1,703,000 | 0 | Held |
| Paccar Inc. (PCAR) | $120.1M | 0.35% | 1,000,000 | 0 | Held |
| Schrodinger, Inc. (SDGR) | $113.5M | 0.33% | 6,981,664 | 0 | Held |
| McDonald's Corp. (MCD) | $90.5M | 0.26% | 334,900 | 0 | Held |
| Danaher Corp. (DHR) | $71.0M | 0.21% | 373,000 | 0 | Held |
| Kraft Heinz Co. (KHC) | $58.4M | 0.17% | 2,472,600 | 0 | Held |
| Hormel Foods Corp. (HRL) | $51.8M | 0.15% | 2,085,290 | 0 | Held |
| On Holding AG (ONON) | $17.7M | 0.05% | 500,000 | 0 | Held |
| Veralto Corp. (VLTO) | $11.0M | 0.03% | 124,333 | 0 | Held |
Every quarter it filed
What the fund reported and how many positions it held, each quarter since September 2024.
| Quarter | Reported value | Positions |
|---|---|---|
| June 2026 quarter | $34.4B | 24 |
| March 2026 quarter | $31.7B | 22 |
| December 2025 quarter | $35.4B | 23 |
| September 2025 quarter | $36.6B | 23 |
| June 2025 quarter | $47.8B | 25 |
| March 2025 quarter | $41.8B | 25 |
| December 2024 quarter | $42.0B | 24 |
| September 2024 quarter | $45.1B | 24 |