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 |
Berkshire Hathaway Class B
BRK.B
|
+$2.99B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$680M |
| 2 |
Carvana
CVNA
|
+$45.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 39.28% |
| 2 | Technology | 32.71% |
| 3 | Financials | 21.01% |
| 4 | Consumer Staples | 2.94% |
| 5 | Materials | 2.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Microsoft
MSFT
$3.59T
| $15.6B | 32.71% |
34,889,597
-1,610,000
| -4% | -$680M |
|
|
2
Berkshire Hathaway Class B
BRK.B
$1.06T
| $10B | 21.01% |
24,620,202
+7,317,105
| +42% | +$2.99B |
|
3
Waste Management
WM
$89.6B
| $7.52B | 15.77% |
35,234,344
| – | – |
|
4
Canadian National Railway
CNI
$78.5B
| $6.48B | 13.59% |
54,826,786
| – | – |
|
5
Caterpillar
CAT
$381B
| $2.45B | 5.14% |
7,353,614
| – | – |
|
6
Deere & Co
DE
$175B
| $1.33B | 2.79% |
3,557,378
| – | – |
|
7
Ecolab
ECL
$78.9B
| $1.24B | 2.61% |
5,218,044
| – | – |
|
8
Walmart Inc
WMT
$825B
| $616M | 1.29% |
9,090,477
| – | – |
|
9
Coca-Cola Femsa
KOF
$23.6B
| $533M | 1.12% |
6,214,719
| – | – |
|
10
FedEx
FDX
$76.9B
| $460M | 0.97% |
1,534,362
| – | – |
|
|
WCN
11
Waste Connections
WCN
$42.6B
| $377M | 0.79% |
2,149,175
| – | – |
|
12
Coupang
CPNG
$29.6B
| $194M | 0.41% |
9,248,045
| – | – |
|
13
Crown Castle
CCI
$32.1B
| $139M | 0.29% |
1,420,072
| – | – |
|
14
Schrodinger
SDGR
$1.47B
| $135M | 0.28% |
6,981,664
| – | – |
|
15
Madison Square Garden
MSGS
$9.78B
| $111M | 0.23% |
592,406
| – | – |
|
16
United Parcel Service
UPS
$86.8B
| $103M | 0.22% |
755,089
| – | – |
|
17
AB InBev
BUD
$155B
| $99M | 0.21% |
1,703,000
| – | – |
|
18
Danaher
DHR
$154B
| $93.2M | 0.2% |
373,000
| – | – |
|
19
Kraft Heinz
KHC
$30.3B
| $84.5M | 0.18% |
2,622,600
| – | – |
|
20
Hormel Foods
HRL
$13.1B
| $66.9M | 0.14% |
2,195,290
| – | – |
|
21
On Holding
ONON
$10B
| $19.4M | 0.04% |
500,000
| – | – |
|
22
Veralto
VLTO
$24.1B
| $11.9M | 0.02% |
124,333
| – | – |
|
23
Vroom Inc
VRM
$53.8M
| $291K | ﹤0.01% |
31,250
| – | – |
|
|
24
Carvana
CVNA
$76.9B
| – | – |
-2,600,000
| Closed | -$45.7M |
|
Similar funds
Bill Gates's Q2 2024 Portfolio in Review
As of Q2 2024, Bill Gates held 24 positions worth $47.7B, up 3.9% from $45.9B the previous quarter. Its ten largest holdings account for 97% of the portfolio.
Bill Gates deployed $2.26B of net new capital in Q2 2024, adding to 1 existing holding.
By sector, the portfolio is most concentrated in Industrials at 39% of assets, down from 43% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was Microsoft, an estimated $680M trimmed.
- Bill Gates added most to Berkshire Hathaway Class B in Q2 2024, an estimated $2.99B increase.
- Bill Gates's biggest Q2 2024 reduction was Microsoft, cutting an estimated $680M.
- Bill Gates fully exited Carvana in Q2 2024, selling an estimated $45.7M.
- Bill Gates's ten largest holdings make up 97% of its $47.7B portfolio in Q2 2024.
- Bill Gates opened 0 new positions and closed 1 in Q2 2024.
- Bill Gates's portfolio value rose 3.9% quarter-over-quarter to $47.7B.
Based on Gates Foundation Trust's 13F filing for Q2 2024, filed 14 Aug 2024.