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 |
Microsoft
MSFT
|
+$3.72B |
| 2 |
Berkshire Hathaway Class B
BRK.B
|
+$1.16B |
| 3 |
Waste Management
WM
|
+$297M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 61.55% |
| 2 | Financials | 25.8% |
| 3 | Consumer Staples | 5.91% |
| 4 | Materials | 4.38% |
| 5 | Consumer Discretionary | 0.93% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Berkshire Hathaway Class B
BRK.B
$1.06T
| $8.17B | 25.8% |
17,048,304
-2,358,460
| -12% | -$1.16B |
|
|
2
Waste Management
WM
$89.6B
| $6.35B | 20.06% |
27,642,344
-1,292,000
| -4% | -$297M |
|
3
Canadian National Railway
CNI
$78.5B
| $5.33B | 16.82% |
51,826,786
| – | – |
|
4
Caterpillar
CAT
$381B
| $4.5B | 14.22% |
6,353,614
| – | – |
|
5
Deere & Co
DE
$175B
| $2B | 6.33% |
3,557,378
| – | – |
|
6
Ecolab
ECL
$78.9B
| $1.39B | 4.38% |
5,218,044
| – | – |
|
7
Walmart Inc
WMT
$825B
| $1.04B | 3.29% |
8,390,477
| – | – |
|
8
FedEx
FDX
$76.9B
| $849M | 2.68% |
2,384,362
| – | – |
|
9
Coca-Cola Femsa
KOF
$23.6B
| $606M | 1.91% |
6,214,719
| – | – |
|
|
WCN
10
Waste Connections
WCN
$42.6B
| $331M | 1.05% |
2,039,175
| – | – |
|
11
Madison Square Garden
MSGS
$9.78B
| $190M | 0.6% |
592,406
| – | – |
|
12
Coupang
CPNG
$29.6B
| $175M | 0.55% |
9,248,045
| – | – |
|
13
AB InBev
BUD
$155B
| $118M | 0.37% |
1,703,000
| – | – |
|
14
PACCAR
PCAR
$69B
| $116M | 0.36% |
1,000,000
| – | – |
|
15
West Pharmaceutical
WST
$24.8B
| $111M | 0.35% |
444,500
| – | – |
|
16
McDonald's
MCD
$192B
| $104M | 0.33% |
334,900
| – | – |
|
17
Schrodinger
SDGR
$1.47B
| $79.3M | 0.25% |
6,981,664
| – | – |
|
18
Danaher
DHR
$154B
| $70.7M | 0.22% |
373,000
| – | – |
|
19
Kraft Heinz
KHC
$30.3B
| $55.6M | 0.18% |
2,472,600
| – | – |
|
20
Hormel Foods
HRL
$13.1B
| $47.2M | 0.15% |
2,085,290
| – | – |
|
21
On Holding
ONON
$10B
| $17M | 0.05% |
500,000
| – | – |
|
22
Veralto
VLTO
$24.1B
| $11M | 0.03% |
124,333
| – | – |
|
|
23
Microsoft
MSFT
$3.59T
| – | – |
-7,691,207
| Closed | -$3.72B |
|
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Bill Gates's Q1 2026 Portfolio in Review
As of Q1 2026, Bill Gates held 23 positions worth $31.7B, down 10% from $35.4B the previous quarter. Its ten largest holdings account for 97% of the portfolio.
Bill Gates withdrew a net $5.17B in Q1 2026, closing 1 position and reducing 2 holdings. Its most notable exit was Microsoft, an estimated $3.72B position sold in full.
By sector, the portfolio is most concentrated in Industrials at 62% of assets, up from 51% a quarter earlier, followed by Financials and Consumer Staples.
- Bill Gates's biggest Q1 2026 reduction was Berkshire Hathaway Class B, cutting an estimated $1.16B.
- Bill Gates fully exited Microsoft in Q1 2026, selling an estimated $3.72B.
- Bill Gates's ten largest holdings make up 97% of its $31.7B portfolio in Q1 2026.
- Bill Gates opened 0 new positions and closed 1 in Q1 2026.
- Bill Gates's portfolio value fell 10% quarter-over-quarter to $31.7B.
Based on Gates Foundation Trust's 13F filing for Q1 2026, filed 15 May 2026.