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 |
Schrodinger
SDGR
|
+$126M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class B
BRK.B
|
+$1.1B |
| 2 |
Alibaba
BABA
|
+$162M |
| 3 |
Apple
AAPL
|
+$121M |
| 4 |
Amazon
AMZN
|
+$96.5M |
| 5 |
Boston Properties
BXP
|
+$88.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 43.71% |
| 2 | Industrials | 34.29% |
| 3 | Consumer Staples | 8.77% |
| 4 | Materials | 4.23% |
| 5 | Real Estate | 3.8% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Berkshire Hathaway Class B
BRK.B
$1.06T
| $9.76B | 43.71% |
42,104,399
-5,000,000
| -11% | -$1.1B |
|
2
Waste Management
WM
$89.6B
| $2.2B | 9.84% |
18,633,672
| – | – |
|
3
Caterpillar
CAT
$381B
| $2.05B | 9.18% |
11,260,857
| – | – |
|
4
Canadian National Railway
CNI
$78.5B
| $1.87B | 8.35% |
16,979,268
-147,606
| -0.9% | -$15.9M |
|
5
Walmart Inc
WMT
$825B
| $1.67B | 7.49% |
34,809,000
| – | – |
|
6
Ecolab
ECL
$78.9B
| $945M | 4.23% |
4,366,426
| – | – |
|
7
Crown Castle
CCI
$32.1B
| $849M | 3.8% |
5,332,900
| – | – |
|
8
FedEx
FDX
$76.9B
| $785M | 3.52% |
3,024,999
| – | – |
|
9
United Parcel Service
UPS
$86.8B
| $762M | 3.41% |
4,525,329
| – | – |
|
|
10
Schrodinger
SDGR
$1.47B
| $553M | 2.47% |
6,981,664
+2,000,000
| +40% | +$126M |
|
11
Coca-Cola Femsa
KOF
$23.6B
| $286M | 1.28% |
6,214,719
| – | – |
|
12
Televisa
TV
$1.47B
| $139M | 0.62% |
16,879,104
| – | – |
|
|
13
Apple
AAPL
$4.51T
| $133M | 0.6% |
1,002,088
-1,002,088
| -50% | -$121M |
|
|
14
Amazon
AMZN
$2.79T
| $98.5M | 0.44% |
604,600
-604,600
| -50% | -$96.5M |
|
15
Liberty Global Class C
LBTYK
$3.55B
| $86.1M | 0.39% |
3,639,349
| – | – |
|
16
Liberty Global Class A
LBTYA
$3.63B
| $51.3M | 0.23% |
2,119,515
| – | – |
|
17
Alphabet (Google) Class A
GOOGL
$4.22T
| $37.8M | 0.17% |
431,080
-431,060
| -50% | -$36.3M |
|
|
18
Alphabet (Google) Class C
GOOG
$4.18T
| $37.6M | 0.17% |
429,820
-429,800
| -50% | -$36.3M |
|
|
TWTR
19
DELISTED
Twitter, Inc.
TWTR
| $14.8M | 0.07% |
272,420
| – | – |
|
20
Liberty Latin America Class C
LILAK
$1.64B
| $7.51M | 0.03% |
744,677
-284,133
| -28% | -$2.81M |
|
|
21
Liberty Latin America Class A
LILA
$1.66B
| $3.08M | 0.01% |
406,924
-138,340
| -25% | -$1.03M |
|
|
22
Alibaba
BABA
$286B
| – | – |
-552,383
| Closed | -$162M |
|
|
23
Boston Properties
BXP
$10.8B
| – | – |
-1,099,310
| Closed | -$88.3M |
|
24
Uber
UBER
$161B
| – | – |
-26,767
| Closed | -$976K |
|
Similar funds
Bill Gates's Q4 2020 Portfolio in Review
As of Q4 2020, Bill Gates held 24 positions worth $22.3B, up 1.2% from $22.1B the previous quarter. Its ten largest holdings account for 96% of the portfolio.
Bill Gates withdrew a net $1.54B in Q4 2020, closing 3 positions and reducing 8 holdings. Its most notable exit was Alibaba, an estimated $162M position sold in full.
By sector, the portfolio is most concentrated in Financials at 44% of assets, down from 45% a quarter earlier, followed by Industrials and Consumer Staples.
Against the trend, Bill Gates added an estimated $126M to Schrodinger.
- Bill Gates added most to Schrodinger in Q4 2020, an estimated $126M increase.
- Bill Gates's biggest Q4 2020 reduction was Berkshire Hathaway Class B, cutting an estimated $1.1B.
- Bill Gates fully exited Alibaba in Q4 2020, selling an estimated $162M.
- Bill Gates's ten largest holdings make up 96% of its $22.3B portfolio in Q4 2020.
- Bill Gates opened 0 new positions and closed 3 in Q4 2020.
- Bill Gates's portfolio value rose 1.2% quarter-over-quarter to $22.3B.
Based on Gates Foundation Trust's 13F filing for Q4 2020, filed 12 Feb 2021.