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
|
+$1.54B |
| 2 |
WEBR
Weber Inc.
WEBR
|
+$20.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 44.73% |
| 2 | Technology | 31.05% |
| 3 | Financials | 16.68% |
| 4 | Consumer Staples | 3.11% |
| 5 | Materials | 2.37% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Microsoft
MSFT
$3.59T
| $11.3B | 31.05% |
39,264,670
| – | – |
|
2
Canadian National Railway
CNI
$78.5B
| $6.47B | 17.74% |
54,826,786
| – | – |
|
|
3
Berkshire Hathaway Class B
BRK.B
$1.06T
| $6.08B | 16.67% |
19,689,845
-5,000,000
| -20% | -$1.54B |
|
4
Waste Management
WM
$89.6B
| $5.75B | 15.77% |
35,234,344
| – | – |
|
5
Caterpillar
CAT
$381B
| $1.68B | 4.62% |
7,353,614
| – | – |
|
6
Deere & Co
DE
$175B
| $1.62B | 4.44% |
3,917,693
| – | – |
|
7
Ecolab
ECL
$78.9B
| $864M | 2.37% |
5,218,044
| – | – |
|
8
Coca-Cola Femsa
KOF
$23.6B
| $500M | 1.37% |
6,214,719
| – | – |
|
9
Walmart Inc
WMT
$825B
| $445M | 1.22% |
9,062,577
| – | – |
|
10
FedEx
FDX
$76.9B
| $351M | 0.96% |
1,534,362
| – | – |
|
|
WCN
11
Waste Connections
WCN
$42.6B
| $299M | 0.82% |
2,149,175
| – | – |
|
12
Crown Castle
CCI
$32.1B
| $190M | 0.52% |
1,420,072
| – | – |
|
13
Schrodinger
SDGR
$1.47B
| $184M | 0.5% |
6,981,664
| – | – |
|
14
Coupang
CPNG
$29.6B
| $148M | 0.41% |
9,248,045
| – | – |
|
15
United Parcel Service
UPS
$86.8B
| $144M | 0.39% |
740,689
| – | – |
|
16
Madison Square Garden
MSGS
$9.78B
| $115M | 0.32% |
592,406
| – | – |
|
17
Kraft Heinz
KHC
$30.3B
| $101M | 0.28% |
2,622,600
| – | – |
|
18
Danaher
DHR
$154B
| $94M | 0.26% |
420,744
| – | – |
|
19
Hormel Foods
HRL
$13.1B
| $87.5M | 0.24% |
2,195,290
| – | – |
|
20
On Holding
ONON
$10B
| $15.5M | 0.04% |
500,000
| – | – |
|
21
Carvana
CVNA
$76.9B
| $5.09M | 0.01% |
2,600,000
| – | – |
|
22
Vroom Inc
VRM
$53.8M
| $2.25M | 0.01% |
31,250
| – | – |
|
|
WEBR
23
DELISTED
Weber Inc.
WEBR
| – | – |
-2,500,000
| Closed | -$20.1M |
|
Similar funds
Bill Gates's Q1 2023 Portfolio in Review
As of Q1 2023, Bill Gates held 23 positions worth $36.5B, up 2.1% from $35.7B the previous quarter. Its ten largest holdings account for 96% of the portfolio.
Bill Gates withdrew a net $1.56B in Q1 2023, closing 1 position and reducing 1 holding. Its most notable exit was Weber Inc., an estimated $20.1M position sold in full.
By sector, the portfolio is most concentrated in Industrials at 45% of assets, down from 45% a quarter earlier, followed by Technology and Financials.
- Bill Gates's biggest Q1 2023 reduction was Berkshire Hathaway Class B, cutting an estimated $1.54B.
- Bill Gates fully exited Weber Inc. in Q1 2023, selling an estimated $20.1M.
- Bill Gates's ten largest holdings make up 96% of its $36.5B portfolio in Q1 2023.
- Bill Gates opened 0 new positions and closed 1 in Q1 2023.
- Bill Gates's portfolio value rose 2.1% quarter-over-quarter to $36.5B.
Based on Gates Foundation Trust's 13F filing for Q1 2023, filed 15 May 2023.