GATES FOUNDATION TRUST — 13F Holdings & Portfolio
CIK 1166559 · latest 13F-HR filed 2026-08-14
GATES FOUNDATION TRUST manages $34.42B in 13F-reported U.S. long-equity assets across 24 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are BRK.B (21.35%), CAT (19.65%), CNI (17.95%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 2 new positions, exited 0, added to 10, and trimmed 6.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
KIRKLAND, WA 98033
$34.42B
Long-equity book
24
Distinct positions
2026-06-30
Filed 2026-08-14
+2 / −0 / ↑10 / ↓6
vs 2026-03-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- CATERPILLAR INC$2.26B +50.3%
- CANADIAN NATL RY CO$853.6M +16.0%
- DEERE & CO$252.7M +12.6%
- COCA-COLA FEMSA SAB DE CV$54.1M +8.9%
- WEST PHARMACEUTICAL SVSC INC$48.2M +43.2%
Top Trims
- BERKSHIRE HATHAWAY INC DEL-$818.9M -10.0%
- WASTE MGMT INC DEL-$396.4M -6.2%
- FEDEX CORP-$102.6M -12.1%
- WALMART INC-$92.5M -8.9%
- COUPANG INC-$14.0M -8.0%
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | BERKSHIRE HATHAWAY INC DEL | BRK.B | 084670702 | $7.35B | 21.35% | 14,689,844 | SH |
| 2 | CATERPILLAR INC | CAT | 149123101 | $6.77B | 19.65% | 6,353,614 | SH |
| 3 | CANADIAN NATL RY CO | CNI | 136375102 | $6.18B | 17.95% | 51,826,786 | SH |
| 4 | WASTE MGMT INC DEL | WM | 94106L109 | $5.96B | 17.30% | 26,720,744 | SH |
| 5 | DEERE & CO | DE | 244199105 | $2.26B | 6.56% | 3,557,378 | SH |
| 6 | ECOLAB INC | ECL | 278865100 | $1.45B | 4.22% | 5,218,044 | SH |
| 7 | WALMART INC | WMT | 931142103 | $950.3M | 2.76% | 8,390,477 | SH |
| 8 | FEDEX CORP | FDX | 31428X106 | $746.6M | 2.17% | 2,384,362 | SH |
| 9 | COCA-COLA FEMSA SAB DE CV | KOF | 191241108 | $660.3M | 1.92% | 6,214,719 | SH |
| 10 | HOME DEPOT INC | HD | 437076102 | $352.7M | 1.02% | 1,000,000 | SH |
| 11 | WASTE CONNECTIONS INC | WCN | 94106B101 | $339.9M | 0.99% | 2,039,175 | SH |
| 12 | MADISON SQUARE GRDN SPRT COR | MSGS | 55825T103 | $238.1M | 0.69% | 592,406 | SH |
| 13 | FEDEX FGHT HLDG CO INC | FDXF | 314352105 | $180.0M | 0.52% | 1,192,181 | SH |
| 14 | COUPANG INC | CPNG | 22266T109 | $160.6M | 0.47% | 9,248,045 | SH |
| 15 | WEST PHARMACEUTICAL SVSC INC | WST | 955306105 | $159.6M | 0.46% | 444,500 | SH |
| 16 | ANHEUSER BUSCH INBEV SA NV | BUD | 03524A108 | $140.3M | 0.41% | 1,703,000 | SH |
| 17 | PACCAR INC | PCAR | 693718108 | $120.1M | 0.35% | 1,000,000 | SH |
| 18 | SCHRODINGER INC | SDGR | 80810D103 | $113.5M | 0.33% | 6,981,664 | SH |
| 19 | MCDONALDS CORP | MCD | 580135101 | $90.5M | 0.26% | 334,900 | SH |
| 20 | DANAHER CORP DEL | DHR | 235851102 | $71.0M | 0.21% | 373,000 | SH |
| 21 | KRAFT HEINZ CO | KHC | 500754106 | $58.4M | 0.17% | 2,472,600 | SH |
| 22 | HORMEL FOODS CORP | HRL | 440452100 | $51.8M | 0.15% | 2,085,290 | SH |
| 23 | ON HLDG AG | ONON | H5919C104 | $17.7M | 0.05% | 500,000 | SH |
| 24 | VERALTO CORP | VLTO | 92338C103 | $11.0M | 0.03% | 124,333 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-14 | $34.42B | 24 | 0001104659-26-097175 |
| 2026-03-31 | 2026-05-15 | $31.67B | 22 | 0001104659-26-062592 |
| 2025-12-31 | 2026-02-17 | $35.36B | 23 | 0001104659-26-016458 |
| 2025-09-30 | 2025-11-14 | $36.58B | 23 | 0001104659-25-112544 |