Bill & Melinda Gates Foundation Trust13F · Q2 2026

Gates Foundation Trust Portfolio and 13F Holdings

As of Jun 30, 2026, filed Aug 14, 2026. The top 10 positions make up 94.9% of the reported portfolio.

$34.4BReported value

24Holdings

2New positions

0Positions closed

Holdings

#	Stock	Class	Shares	Value	% of total	vs. Q1 2026
1	BRKB BERKSHIRE HATHAWAY INC DEL	CL B NEW	14,689,844	$7.35B	21.35%	▼ −13.8%
2	CAT CATERPILLAR INC	COM	6,353,614	$6.77B	19.65%	No change
3	CNI CANADIAN NATL RY CO	COM	51,826,786	$6.18B	17.95%	No change
4	WM WASTE MGMT INC DEL	COM	26,720,744	$5.96B	17.30%	▼ −3.3%
5	DE DEERE & CO	COM	3,557,378	$2.26B	6.56%	No change
6	ECL ECOLAB INC	COM	5,218,044	$1.45B	4.22%	No change
7	WMT WALMART INC	COM	8,390,477	$950.3M	2.76%	No change
8	FDX FEDEX CORP	COM	2,384,362	$746.6M	2.17%	No change
9	KOF COCA-COLA FEMSA SAB DE CV	SPONS ADS REP	6,214,719	$660.3M	1.92%	No change
10	HD HOME DEPOT INC	COM	1,000,000	$352.7M	1.02%	▲ New
11	WCN WASTE CONNECTIONS INC	COM	2,039,175	$339.9M	0.99%	No change
12	MSGS MADISON SQUARE GRDN SPRT COR	CL A	592,406	$238.1M	0.69%	No change
13	FDXF FEDEX FGHT HLDG CO INC	COMMON STOCK	1,192,181	$180.0M	0.52%	▲ New
14	CPNG COUPANG INC	CL A	9,248,045	$160.6M	0.47%	No change
15	WST WEST PHARMACEUTICAL SVSC INC	COM	444,500	$159.6M	0.46%	No change
16	BUD ANHEUSER BUSCH INBEV SA NV	SPONSORED ADR	1,703,000	$140.3M	0.41%	No change
17	PCAR PACCAR INC	COM	1,000,000	$120.1M	0.35%	No change
18	SDGR SCHRODINGER INC	COM	6,981,664	$113.5M	0.33%	No change
19	MCD MCDONALDS CORP	COM	334,900	$90.5M	0.26%	No change
20	DHR DANAHER CORP DEL	COM	373,000	$71.0M	0.21%	No change
21	KHC KRAFT HEINZ CO	COM	2,472,600	$58.4M	0.17%	No change
22	HRL HORMEL FOODS CORP	COM	2,085,290	$51.8M	0.15%	No change
23	ONON ON HLDG AG	NAMEN AKT A	500,000	$17.7M	0.05%	No change
24	VLTO VERALTO CORP	COM SHS	124,333	$11.0M	0.03%	No change

Source: SEC Form 13F-HR, accession 0001104659-26-097175, retrieved Oct 28, 2026. How we read filings

View this filing on SEC.gov ↗

A 13F shows long U.S. stock positions at quarter end only. It leaves out shorts, cash, bonds, most non-U.S. holdings and anything bought or sold since. Positions in listed options are not included in this table. What a 13F can't tell you →