Gates Foundation Trust reported 23 positions worth $28.24B for the quarter ended Jun 30, 2026, up 7.2% on the prior quarter. It opened 2 new positions, added to 0, trimmed 2 and exited 0. Its largest holding is Berkshire Hathaway Inc at 26% of the portfolio.
Reported 13F market value at each quarter end. A change mixes trading with price moves in the positions held.
Dollar value of shares bought and sold each quarter, at that quarter’s price. It counts trading only, not price changes.
How many positions were opened, added to, trimmed or closed each quarter.
Share of reported value in each sector at every quarter end.
No positions were closed this quarter.
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | BRK-B Berkshire Hathaway Inc | Financial Services | 14.69M | $7.35B | 26.02% | -2.36M | -13.8% | Reduced | 1.04% |
| 2 | CAT Caterpillar Inc | Industrials | 6.35M | $6.77B | 23.95% | 0 | 0.0% | Unchanged | 1.38% |
| 3 | WM Waste Management Inc | Industrials | 26.72M | $5.96B | 21.09% | -921.6K | -3.3% | Reduced | 6.66% |
| 4 | DE Deere & Co | Industrials | 3.56M | $2.26B | 7.99% | 0 | 0.0% | Unchanged | 1.32% |
| 5 | ECL Ecolab Inc. | Industrials | 5.22M | $1.45B | 5.15% | 0 | 0.0% | Unchanged | 1.86% |
| 6 | WMT Walmart Inc. | Consumer Staples | 8.39M | $950.31M | 3.36% | 0 | 0.0% | Unchanged | 0.11% |
| 7 | FDX Fedex Corp | Industrials | 2.38M | $746.62M | 2.64% | 0 | 0.0% | Unchanged | 1.01% |
| 8 | KOF Coca Cola Femsa Sab De Cv | Consumer Staples | 6.21M | $660.31M | 2.34% | 0 | 0.0% | Unchanged | 0.37% |
| 9 | HD Home Depot, Inc. | Consumer Discretionary | 1.00M | $352.68M | 1.25% | +1.00M | – | New | 0.1% |
| 10 | WCN Waste Connections, Inc. | Industrials | 2.04M | $339.91M | 1.2% | 0 | 0.0% | Unchanged | 0.8% |
| 11 | MSGS Madison Square Garden Sports Corp. | Consumer Discretionary | 592.4K | $238.05M | 0.843% | 0 | 0.0% | Unchanged | 3.03% |
| 12 | FDXF FedEx Freight Holding Company, Inc. | Industrials | 1.19M | $180.02M | 0.637% | +1.19M | – | New | 0.8% |
| 13 | CPNG Coupang, Inc. | Consumer Discretionary | 9.25M | $160.64M | 0.569% | 0 | 0.0% | Unchanged | 0.56% |
| 14 | WST West Pharmaceutical Services Inc | Healthcare | 444.5K | $159.58M | 0.565% | 0 | 0.0% | Unchanged | 0.63% |
| 15 | BUD Anheuser-Busch InBev SA | Consumer Staples | 1.70M | $140.33M | 0.497% | 0 | 0.0% | Unchanged | 0.08% |
Tip. Select a row to see that position’s full history at Gates Foundation Trust.
As of its Q2 2026 13F filing, Gates Foundation Trust’s five largest positions were Berkshire Hathaway Inc (BRK-B) at 26.0%, Caterpillar Inc (CAT) at 24.0%, Waste Management Inc (WM) at 21.1%, Deere & Co (DE) at 8.0%, Ecolab Inc. (ECL) at 5.1% of the reported portfolio.
Gates Foundation Trust reported a 13F portfolio worth $28.24B across 23 positions for Q2 2026. That is up 7.2% from the previous quarter.
Its largest purchases by value were Home Depot, Inc. ($352.68M), FedEx Freight Holding Company, Inc. ($180.02M). It opened 2 new positions.
Its largest sales by value were Berkshire Hathaway Inc ($1.18B), Waste Management Inc ($205.41M). It exited 0 positions entirely.
From the Form 13F-HR reports Gates Foundation Trust files with the SEC each quarter, within 45 days of quarter end. A 13F lists long positions in US-listed equities and options; it excludes short positions, cash, bonds and most non-US holdings.
13F data reflects long positions in US-listed equities and options as reported to the SEC up to 45 days after quarter end. It excludes short positions, cash, bonds and most non-US securities, so it is not a complete picture of a manager’s assets.