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 |
Coupang
CPNG
|
+$264M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class B
BRK.B
|
+$1.21B |
| 2 |
Walmart Inc
WMT
|
+$556M |
| 3 |
FedEx
FDX
|
+$394M |
| 4 |
Canadian National Railway
CNI
|
+$341M |
| 5 |
United Parcel Service
UPS
|
+$279M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 45.23% |
| 2 | Industrials | 34.7% |
| 3 | Consumer Staples | 6.3% |
| 4 | Materials | 4.46% |
| 5 | Real Estate | 4.18% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Berkshire Hathaway Class B
BRK.B
$1.06T
| $9.48B | 45.23% |
37,104,399
-5,000,000
| -12% | -$1.21B |
|
2
Waste Management
WM
$89.6B
| $2.4B | 11.47% |
18,633,672
| – | – |
|
3
Caterpillar
CAT
$381B
| $2.36B | 11.24% |
10,156,756
-1,104,101
| -10% | -$229M |
|
|
4
Canadian National Railway
CNI
$78.5B
| $1.61B | 7.7% |
13,907,283
-3,071,985
| -18% | -$341M |
|
|
5
Walmart Inc
WMT
$825B
| $1.03B | 4.93% |
22,802,118
-12,006,882
| -34% | -$556M |
|
6
Ecolab
ECL
$78.9B
| $935M | 4.46% |
4,366,426
| – | – |
|
7
Crown Castle
CCI
$32.1B
| $876M | 4.18% |
5,086,680
-246,220
| -5% | -$39.4M |
|
8
Schrodinger
SDGR
$1.47B
| $533M | 2.54% |
6,981,664
| – | – |
|
|
9
United Parcel Service
UPS
$86.8B
| $476M | 2.27% |
2,801,790
-1,723,539
| -38% | -$279M |
|
|
10
FedEx
FDX
$76.9B
| $424M | 2.02% |
1,493,712
-1,531,287
| -51% | -$394M |
|
11
Coca-Cola Femsa
KOF
$23.6B
| $287M | 1.37% |
6,214,719
| – | – |
|
|
12
Coupang
CPNG
$29.6B
| $282M | 1.35% |
+5,714,285
| New | +$264M |
|
13
Televisa
TV
$1.47B
| $150M | 0.71% |
16,879,104
| – | – |
|
14
Alphabet (Google) Class C
GOOG
$4.18T
| $44.5M | 0.21% |
429,820
| – | – |
|
|
15
Alphabet (Google) Class A
GOOGL
$4.22T
| $44.5M | 0.21% |
431,080
| – | – |
|
16
Liberty Global Class C
LBTYK
$3.55B
| $13M | 0.06% |
507,517
-3,131,832
| -86% | -$78.3M |
|
17
Liberty Global Class A
LBTYA
$3.63B
| $9.77M | 0.05% |
380,772
-1,738,743
| -82% | -$44M |
|
18
Apple
AAPL
$4.51T
| – | – |
-1,002,088
| Closed | -$133M |
|
19
Amazon
AMZN
$2.79T
| – | – |
-604,600
| Closed | -$98.5M |
|
20
Liberty Latin America Class A
LILA
$1.66B
| – | – |
-406,924
| Closed | -$3.08M |
|
|
21
Liberty Latin America Class C
LILAK
$1.64B
| – | – |
-744,677
| Closed | -$7.51M |
|
|
TWTR
22
DELISTED
Twitter, Inc.
TWTR
| – | – |
-272,420
| Closed | -$14.8M |
|
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Bill Gates's Q1 2021 Portfolio in Review
As of Q1 2021, Bill Gates held 22 positions worth $21B, down 6.2% from $22.3B the previous quarter. Its ten largest holdings account for 96% of the portfolio.
Bill Gates withdrew a net $3.17B in Q1 2021, closing 5 positions and reducing 9 holdings. Its most notable exit was Apple, an estimated $133M position sold in full.
By sector, the portfolio is most concentrated in Financials at 45% of assets, up from 44% a quarter earlier, followed by Industrials and Consumer Staples.
Against the trend, Bill Gates opened a new position in Coupang worth $282M.
- Bill Gates's largest Q1 2021 buy was Coupang: 5,714,285 shares worth $282M.
- Bill Gates's biggest Q1 2021 reduction was Berkshire Hathaway Class B, cutting an estimated $1.21B.
- Bill Gates fully exited Apple in Q1 2021, selling an estimated $133M.
- Bill Gates's ten largest holdings make up 96% of its $21B portfolio in Q1 2021.
- Bill Gates opened 1 new position and closed 5 in Q1 2021.
- Bill Gates's portfolio value fell 6.2% quarter-over-quarter to $21B.
Based on Gates Foundation Trust's 13F filing for Q1 2021, filed 17 May 2021.