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 |
Apple
AAPL
|
+$9.69M |
| 2 |
Meta Platforms (Facebook)
META
|
+$8.15M |
| 3 |
Microsoft
MSFT
|
+$7.1M |
| 4 |
iShares US Technology ETF
IYW
|
+$6.26M |
| 5 |
Amazon
AMZN
|
+$5.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class B
BRK.B
|
+$927M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 40.15% |
| 2 | Technology | 31.96% |
| 3 | Financials | 20.34% |
| 4 | Consumer Staples | 3.21% |
| 5 | Materials | 2.28% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Microsoft
MSFT
$3.59T
| $12.4B | 31.88% |
39,286,170
+21,500
| +0.1% | +$7.1M |
|
|
2
Berkshire Hathaway Class B
BRK.B
$1.06T
| $7.89B | 20.28% |
22,529,601
-2,613,252
| -10% | -$927M |
|
3
Canadian National Railway
CNI
$78.5B
| $5.94B | 15.26% |
54,826,786
| – | – |
|
4
Waste Management
WM
$89.6B
| $5.37B | 13.8% |
35,234,344
| – | – |
|
5
Caterpillar
CAT
$381B
| $2.01B | 5.16% |
7,353,614
| – | – |
|
6
Deere & Co
DE
$175B
| $1.48B | 3.8% |
3,917,693
| – | – |
|
7
Ecolab
ECL
$78.9B
| $884M | 2.27% |
5,218,044
| – | – |
|
8
Coca-Cola Femsa
KOF
$23.6B
| $487M | 1.25% |
6,214,719
| – | – |
|
9
Walmart Inc
WMT
$825B
| $485M | 1.25% |
9,090,477
+27,900
| +0.3% | +$1.48M |
|
10
FedEx
FDX
$76.9B
| $406M | 1.04% |
1,534,362
| – | – |
|
|
WCN
11
Waste Connections
WCN
$42.6B
| $289M | 0.74% |
2,149,175
| – | – |
|
12
Schrodinger
SDGR
$1.47B
| $197M | 0.51% |
6,981,664
| – | – |
|
13
Coupang
CPNG
$29.6B
| $157M | 0.4% |
9,248,045
| – | – |
|
14
Crown Castle
CCI
$32.1B
| $131M | 0.34% |
1,420,072
| – | – |
|
15
United Parcel Service
UPS
$86.8B
| $118M | 0.3% |
755,089
+14,400
| +2% | +$2.49M |
|
16
Madison Square Garden
MSGS
$9.78B
| $104M | 0.27% |
592,406
| – | – |
|
17
AB InBev
BUD
$155B
| $94.2M | 0.24% |
1,703,000
| – | – |
|
18
Danaher
DHR
$154B
| $92.5M | 0.24% |
420,744
| – | – |
|
19
Kraft Heinz
KHC
$30.3B
| $88.2M | 0.23% |
2,622,600
| – | – |
|
20
Hormel Foods
HRL
$13.1B
| $83.5M | 0.21% |
2,195,290
| – | – |
|
21
Carvana
CVNA
$76.9B
| $21.8M | 0.06% |
2,600,000
| – | – |
|
22
On Holding
ONON
$10B
| $13.9M | 0.04% |
500,000
| – | – |
|
|
23
Apple
AAPL
$4.51T
| $9.04M | 0.02% |
+52,815
| New | +$9.69M |
|
|
24
Meta Platforms (Facebook)
META
$1.4T
| $8.12M | 0.02% |
+27,035
| New | +$8.15M |
|
|
25
iShares US Technology ETF
IYW
$24.9B
| $6.04M | 0.02% |
+57,600
| New | +$6.26M |
|
Similar funds
Bill Gates's Q3 2023 Portfolio in Review
As of Q3 2023, Bill Gates held 74 positions worth $38.9B, down 7.5% from $42.1B the previous quarter. Its ten largest holdings account for 96% of the portfolio.
Bill Gates's Q3 2023 filing shows 51 new, 3 increased and 1 reduced positions. Its largest new stake was Apple: 52,815 shares worth $9.04M. The largest sale was Berkshire Hathaway Class B, an estimated $927M.
By sector, the portfolio is most concentrated in Industrials at 40% of assets, down from 40% a quarter earlier, followed by Technology and Financials.
- Bill Gates's largest Q3 2023 buy was Apple: 52,815 shares worth $9.04M.
- Bill Gates added most to Microsoft in Q3 2023, an estimated $7.1M increase.
- Bill Gates's biggest Q3 2023 reduction was Berkshire Hathaway Class B, cutting an estimated $927M.
- Bill Gates's ten largest holdings make up 96% of its $38.9B portfolio in Q3 2023.
- Bill Gates opened 51 new positions and closed 0 in Q3 2023.
- Bill Gates's portfolio value fell 7.5% quarter-over-quarter to $38.9B.
Based on Gates Foundation Trust's 13F filing for Q3 2023, filed 14 Nov 2023.