Bill Gates Gates Foundation Trust
Bill Gates is co-chair of the Gates Foundation, whose trust manages a large endowment portfolio disclosed in public filings. While best known as co-founder of Microsoft and a global philanthropist, the foundation trust’s equity holdings are widely followed by investors for long-term positions and occasional large rebalancings. The portfolio reflects an endowment-style approach rather than an active trading mandate.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$9.69M |
| 2 |
Meta Platforms (Facebook)
META
|
+$8.15M |
| 3 |
Microsoft
MSFT
|
+$7.1M |
| 4 |
iShares US Technology ETF
IYW
|
+$6.26M |
| 5 |
Amazon
AMZN
|
+$5.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class B
BRK.B
|
+$927M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 40.15% |
| 2 | Technology | 31.96% |
| 3 | Financials | 20.34% |
| 4 | Consumer Staples | 3.21% |
| 5 | Materials | 2.28% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
SLB Ltd
SLB
$79.9B
| $2.74M | 0.01% |
+47,005
| New | +$2.73M |
|
52
TotalEnergies
TTE
$199B
| $2.53M | 0.01% |
+38,500
| New | +$2.38M |
|
53
Lockheed Martin
LMT
$130B
| $2.41M | 0.01% |
+5,900
| New | +$2.62M |
|
54
Johnson & Johnson
JNJ
$651B
| $2.33M | 0.01% |
+14,945
| New | +$2.47M |
|
55
Norfolk Southern
NSC
$78.8B
| $2.3M | 0.01% |
+11,700
| New | +$2.53M |
|
56
Goldman Sachs
GS
$303B
| $2.28M | 0.01% |
+7,060
| New | +$2.36M |
|
57
Morgan Stanley
MS
$336B
| $2.28M | 0.01% |
+27,880
| New | +$2.42M |
|
58
CVS Health
CVS
$119B
| $2.27M | 0.01% |
+32,500
| New | +$2.3M |
|
59
Pfizer
PFE
$160B
| $2.26M | 0.01% |
+68,000
| New | +$2.4M |
|
60
PNC Financial Services
PNC
$97B
| $2.14M | 0.01% |
+17,400
| New | +$2.19M |
|
61
Chubb
CB
$132B
| $2.13M | 0.01% |
+10,250
| New | +$2.07M |
|
62
Invesco KBW Bank ETF
KBWB
$6.75B
| $2.01M | 0.01% |
+50,270
| New | +$2.14M |
|
63
ExxonMobil
XOM
$679B
| $2M | 0.01% |
+17,000
| New | +$1.86M |
|
64
Eastman Chemical
EMN
$8.47B
| $1.92M | ﹤0.01% |
+25,000
| New | +$2.07M |
|
65
Lowe's Companies
LOW
$121B
| $1.87M | ﹤0.01% |
+8,983
| New | +$2.02M |
|
66
Alphabet (Google) Class C
GOOG
$4.18T
| $1.85M | ﹤0.01% |
+14,000
| New | +$1.82M |
|
67
Merck
MRK
$376B
| $1.83M | ﹤0.01% |
+17,740
| New | +$1.91M |
|
68
American Tower
AMT
$81.9B
| $1.81M | ﹤0.01% |
+11,000
| New | +$2.01M |
|
69
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.9B
| $1.75M | ﹤0.01% |
+25,500
| New | +$1.87M |
|
70
Home Depot
HD
$335B
| $1.72M | ﹤0.01% |
+5,692
| New | +$1.83M |
|
71
Target
TGT
$75.1B
| $1.68M | ﹤0.01% |
+15,200
| New | +$1.93M |
|
72
PepsiCo
PEP
$196B
| $1.64M | ﹤0.01% |
+9,700
| New | +$1.76M |
|
73
RTX Corp
RTX
$283B
| $1.45M | ﹤0.01% |
+20,200
| New | +$1.73M |
|
74
Walt Disney
DIS
$186B
| $1.36M | ﹤0.01% |
+16,800
| New | +$1.43M |
|
Similar funds
Bill Gates's Q3 2023 Portfolio in Review
As of Q3 2023, Bill Gates held 74 positions worth $38.9B, down 7.5% from $42.1B the previous quarter. Its ten largest holdings account for 96% of the portfolio.
Bill Gates's Q3 2023 filing shows 51 new, 3 increased and 1 reduced positions. Its largest new stake was Apple: 52,815 shares worth $9.04M. The largest sale was Berkshire Hathaway Class B, an estimated $927M.
By sector, the portfolio is most concentrated in Industrials at 40% of assets, down from 40% a quarter earlier, followed by Technology and Financials.
- Bill Gates's largest Q3 2023 buy was Apple: 52,815 shares worth $9.04M.
- Bill Gates added most to Microsoft in Q3 2023, an estimated $7.1M increase.
- Bill Gates's biggest Q3 2023 reduction was Berkshire Hathaway Class B, cutting an estimated $927M.
- Bill Gates's ten largest holdings make up 96% of its $38.9B portfolio in Q3 2023.
- Bill Gates opened 51 new positions and closed 0 in Q3 2023.
- Bill Gates's portfolio value fell 7.5% quarter-over-quarter to $38.9B.
Based on Gates Foundation Trust's 13F filing for Q3 2023, filed 14 Nov 2023.