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
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class B
BRK.B
|
+$713M |
| 2 |
Republic Services
RSG
|
+$54.8M |
| 3 |
BP
BP
|
+$35 |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 54.87% |
| 2 | Industrials | 22.1% |
| 3 | Consumer Staples | 7.73% |
| 4 | Communication Services | 5.6% |
| 5 | Materials | 2.9% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Berkshire Hathaway Class B
BRK.B
$1.26T
| $9.34B | 54.87% |
68,625,314
-5,000,000
| -7% | -$713M |
2013 Q2
8 quarters
|
|
2
Canadian National Railway
CNI
$76.3B
| $989M | 5.81% |
17,126,874
| – | – |
2013 Q2
8 quarters
|
|
3
Caterpillar
CAT
$275B
| $955M | 5.61% |
11,260,857
| – | – |
2013 Q2
8 quarters
|
|
4
Waste Management
WM
$97B
| $864M | 5.07% |
18,633,672
| – | – |
2013 Q2
8 quarters
|
|
5
Walmart Inc
WMT
$1.02T
| $823M | 4.83% |
34,809,000
| – | – |
2013 Q2
8 quarters
|
|
6
Televisa
TV
$2.35B
| $655M | 3.85% |
16,879,103
| – | – |
2013 Q2
8 quarters
|
|
7
FedEx
FDX
$75.9B
| $515M | 3.03% |
3,024,999
| – | – |
2013 Q2
8 quarters
|
|
8
Coca-Cola Femsa
KOF
$25.3B
| $494M | 2.9% |
6,214,719
| – | – |
2013 Q2
8 quarters
|
|
9
Ecolab
ECL
$86.7B
| $494M | 2.9% |
4,366,425
| – | – |
2013 Q2
8 quarters
|
|
10
United Parcel Service
UPS
$95.7B
| $439M | 2.58% |
4,525,329
| – | – |
2014 Q4
2 quarters
|
|
11
Crown Castle
CCI
$38.6B
| $428M | 2.52% |
5,332,900
| – | – |
2013 Q2
8 quarters
|
|
|
12
BP
BP
$118B
| $300M | 1.76% |
8,925,368
-1
| -0% | -$35 |
2013 Q2
8 quarters
|
|
13
DELISTED
Walgreens Boots Alliance
WBA
| $293M | 1.72% |
3,475,398
| – | – |
2014 Q4
2 quarters
|
|
14
Liberty Global Class C
LBTYK
$3.5B
| $184M | 1.08% |
4,498,585
| – | – |
2013 Q2
8 quarters
|
|
15
AutoNation
AN
$5.69B
| $120M | 0.7% |
1,898,716
| – | – |
2013 Q2
8 quarters
|
|
16
Liberty Global Class A
LBTYA
$3.58B
| $115M | 0.67% |
2,569,844
| – | – |
2013 Q2
8 quarters
|
|
17
Arcos Dorados Holdings
ARCO
$1.52B
| $16.1M | 0.09% |
3,145,655
| – | – |
2014 Q1
5 quarters
|
|
|
18
Republic Services
RSG
$77.1B
| – | – |
-1,350,000
| Closed | -$54.8M | – |
|
Similar funds
Bill Gates's Q2 2015 Portfolio in Review
As of Q2 2015, Bill Gates held 18 positions worth $17B, down 8.6% from $18.6B the previous quarter. Its ten largest holdings account for 91% of the portfolio.
Bill Gates withdrew a net $768M in Q2 2015, closing 1 position and reducing 2 holdings. Its most notable exit was Republic Services, an estimated $54.8M position sold in full.
By sector, the portfolio is most concentrated in Financials at 55% of assets, down from 57% a quarter earlier, followed by Industrials and Consumer Staples.
- Bill Gates's biggest Q2 2015 reduction was Berkshire Hathaway Class B, cutting an estimated $713M.
- Bill Gates fully exited Republic Services in Q2 2015, selling an estimated $54.8M.
- Bill Gates's ten largest holdings make up 91% of its $17B portfolio in Q2 2015.
- Bill Gates opened 0 new positions and closed 1 in Q2 2015.
- Bill Gates's portfolio value fell 8.6% quarter-over-quarter to $17B.
Based on Gates Foundation Trust's 13F filing for Q2 2015, filed 14 Aug 2015.