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 |
Microsoft
MSFT
|
+$855M |
| 2 |
KSU
Kansas City Southern
KSU
|
+$610M |
| 3 |
Deere & Co
DE
|
+$372M |
| 4 |
Madison Square Garden
MSGS
|
+$47.6M |
| 5 |
WEBR
Weber Inc.
WEBR
|
+$40.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class B
BRK.B
|
+$1.4B |
| 2 |
United Parcel Service
UPS
|
+$102M |
| 3 |
Crown Castle
CCI
|
+$101M |
| 4 |
Caterpillar
CAT
|
+$98.2M |
| 5 |
Walmart Inc
WMT
|
+$98.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 45.55% |
| 2 | Industrials | 33.79% |
| 3 | Consumer Staples | 5.67% |
| 4 | Materials | 3.93% |
| 5 | Technology | 3.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Berkshire Hathaway Class B
BRK.B
$1.06T
| $10.6B | 45.53% |
38,686,679
-5,000,000
| -11% | -$1.4B |
|
2
Waste Management
WM
$89.6B
| $2.78B | 12% |
18,633,672
| – | – |
|
|
3
Caterpillar
CAT
$381B
| $1.86B | 8.02% |
9,685,132
-471,624
| -5% | -$98.2M |
|
4
Canadian National Railway
CNI
$78.5B
| $1.51B | 6.52% |
13,066,169
-841,114
| -6% | -$93M |
|
|
5
Walmart Inc
WMT
$825B
| $965M | 4.16% |
20,765,217
-2,036,901
| -9% | -$98.1M |
|
6
Ecolab
ECL
$78.9B
| $911M | 3.93% |
4,366,427
| – | – |
|
|
7
Microsoft
MSFT
$3.59T
| $828M | 3.57% |
+2,937,703
| New | +$855M |
|
|
8
Crown Castle
CCI
$32.1B
| $791M | 3.41% |
4,564,046
-522,634
| -10% | -$101M |
|
|
KSU
9
DELISTED
Kansas City Southern
KSU
| $593M | 2.56% |
+2,190,000
| New | +$610M |
|
|
10
United Parcel Service
UPS
$86.8B
| $416M | 1.79% |
2,284,015
-517,775
| -18% | -$102M |
|
11
Schrodinger
SDGR
$1.47B
| $382M | 1.65% |
6,981,664
| – | – |
|
12
Coca-Cola Femsa
KOF
$23.6B
| $350M | 1.51% |
6,214,719
| – | – |
|
|
13
Deere & Co
DE
$175B
| $346M | 1.49% |
+1,033,598
| New | +$372M |
|
14
FedEx
FDX
$76.9B
| $328M | 1.41% |
1,493,712
| – | – |
|
15
Televisa
TV
$1.47B
| $179M | 0.77% |
16,302,889
-576,215
| -3% | -$7.42M |
|
16
Coupang
CPNG
$29.6B
| $159M | 0.69% |
5,714,285
| – | – |
|
17
Alphabet (Google) Class A
GOOGL
$4.22T
| $57.6M | 0.25% |
431,080
| – | – |
|
|
18
Alphabet (Google) Class C
GOOG
$4.18T
| $57.3M | 0.25% |
429,820
| – | – |
|
|
19
Madison Square Garden
MSGS
$9.78B
| $51.7M | 0.22% |
+278,147
| New | +$47.6M |
|
|
WEBR
20
DELISTED
Weber Inc.
WEBR
| $44M | 0.19% |
+2,500,000
| New | +$40.1M |
|
21
On Holding
ONON
$10B
| $15.1M | 0.07% |
+500,000
| New | +$17.6M |
|
22
Affirm
AFRM
$25.8B
| $4.2M | 0.02% |
+35,229
| New | +$2.82M |
|
Similar funds
Bill Gates's Q3 2021 Portfolio in Review
As of Q3 2021, Bill Gates held 22 positions worth $23.2B, down 2.8% from $23.9B the previous quarter. Its ten largest holdings account for 91% of the portfolio.
Bill Gates's Q3 2021 filing shows 7 new and 7 reduced positions. Its largest new stake was Microsoft: 2,937,703 shares worth $828M. The largest sale was Berkshire Hathaway Class B, an estimated $1.4B.
By sector, the portfolio is most concentrated in Financials at 46% of assets, down from 51% a quarter earlier, followed by Industrials and Consumer Staples.
- Bill Gates's largest Q3 2021 buy was Microsoft: 2,937,703 shares worth $828M.
- Bill Gates's biggest Q3 2021 reduction was Berkshire Hathaway Class B, cutting an estimated $1.4B.
- Bill Gates's ten largest holdings make up 91% of its $23.2B portfolio in Q3 2021.
- Bill Gates opened 7 new positions and closed 0 in Q3 2021.
- Bill Gates's portfolio value fell 2.8% quarter-over-quarter to $23.2B.
Based on Gates Foundation Trust's 13F filing for Q3 2021, filed 15 Nov 2021.