We are live on
!
Find out more
Gates Foundation Trust Portfolio holdings
AUM
$31.7B
1-Year Est. Return
20.52%
This Fund
S&P 500
This Quarter
Est. Return
+13.68%
1 Year Est. Return
+20.52%
3 Year Est. Return
+66.11%
5 Year Est. Return
+94.75%
10 Year Est. Return
+335.65%
AUM
$42.3B
AUM Growth
+$3.37B
(+8.7%)
Cap. Flow
-$1.6B
Cap. Flow
% of AUM
-3.79%
Top 10 Holdings %
Top 10 Hldgs %
96.39%
Holding
75
New
1
Increased
–
Reduced
4
Closed
51
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Veralto
VLTO
|
+$9.28M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class B
BRK.B
|
+$917M |
| 2 |
Microsoft
MSFT
|
+$383M |
| 3 |
Deere & Co
DE
|
+$136M |
| 4 |
Danaher
DHR
|
+$10.2M |
| 5 |
Apple
AAPL
|
+$9.04M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 41.7% |
| 2 | Technology | 33.98% |
| 3 | Financials | 16.8% |
| 4 | Consumer Staples | 3.18% |
| 5 | Materials | 2.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Microsoft
MSFT
$2.92T
| $14.4B | 33.98% |
38,210,869
-1,075,301
| -3% | -$383M |
|
|
2
Berkshire Hathaway Class B
BRK.B
$1.11T
| $7.1B | 16.8% |
19,916,349
-2,613,252
| -12% | -$917M |
|
3
Canadian National Railway
CNI
$78.3B
| $6.89B | 16.29% |
54,826,786
| – | – |
|
4
Waste Management
WM
$96.1B
| $6.31B | 14.92% |
35,234,344
| – | – |
|
5
Caterpillar
CAT
$387B
| $2.17B | 5.14% |
7,353,614
| – | – |
|
|
6
Deere & Co
DE
$173B
| $1.42B | 3.36% |
3,557,378
-360,315
| -9% | -$136M |
|
7
Ecolab
ECL
$79.6B
| $1.03B | 2.45% |
5,218,044
| – | – |
|
8
Coca-Cola Femsa
KOF
$22.8B
| $588M | 1.39% |
6,214,719
| – | – |
|
9
Walmart Inc
WMT
$900B
| $478M | 1.13% |
9,090,477
| – | – |
|
10
FedEx
FDX
$74B
| $388M | 0.92% |
1,534,362
| – | – |
|
|
WCN
11
Waste Connections
WCN
$42.7B
| $321M | 0.76% |
2,149,175
| – | – |
|
12
Schrodinger
SDGR
$1.14B
| $250M | 0.59% |
6,981,664
| – | – |
|
13
Crown Castle
CCI
$33.1B
| $164M | 0.39% |
1,420,072
| – | – |
|
14
Coupang
CPNG
$27.7B
| $150M | 0.35% |
9,248,045
| – | – |
|
15
United Parcel Service
UPS
$89.7B
| $119M | 0.28% |
755,089
| – | – |
|
16
AB InBev
BUD
$161B
| $110M | 0.26% |
1,703,000
| – | – |
|
17
Madison Square Garden
MSGS
$9.58B
| $108M | 0.25% |
592,406
| – | – |
|
18
Kraft Heinz
KHC
$32.4B
| $97M | 0.23% |
2,622,600
| – | – |
|
|
19
Danaher
DHR
$140B
| $86.3M | 0.2% |
373,000
-47,744
| -11% | -$10.2M |
|
20
Hormel Foods
HRL
$14.1B
| $70.5M | 0.17% |
2,195,290
| – | – |
|
21
Carvana
CVNA
$47.3B
| $27.5M | 0.07% |
2,600,000
| – | – |
|
22
On Holding
ONON
$12.6B
| $13.5M | 0.03% |
500,000
| – | – |
|
|
23
Veralto
VLTO
$24.2B
| $10.2M | 0.02% |
+124,333
| New | +$9.28M |
|
24
Vroom Inc
VRM
$36.8M
| $1.51M | ﹤0.01% |
31,250
| – | – |
|
|
25
Apple
AAPL
$4.99T
| – | – |
-52,815
| Closed | -$9.04M |
|
Similar funds
ECSS
GAM
Gates Foundation Trust's Q4 2023 Portfolio in Review
As of Q4 2023, Gates Foundation Trust held 75 positions worth $42.3B, up 8.7% from $38.9B the previous quarter. Its ten largest holdings account for 96% of the portfolio.
Gates Foundation Trust withdrew a net $1.6B in Q4 2023, closing 51 positions and reducing 4 holdings. Its most notable exit was Apple, an estimated $9.04M position sold in full.
By sector, the portfolio is most concentrated in Industrials at 42% of assets, up from 40% a quarter earlier, followed by Technology and Financials.
Against the trend, Gates Foundation Trust opened a new position in Veralto worth $10.2M.
- Gates Foundation Trust's largest Q4 2023 buy was Veralto: 124,333 shares worth $10.2M.
- Gates Foundation Trust's biggest Q4 2023 reduction was Berkshire Hathaway Class B, cutting an estimated $917M.
- Gates Foundation Trust fully exited Apple in Q4 2023, selling an estimated $9.04M.
- Gates Foundation Trust's ten largest holdings make up 96% of its $42.3B portfolio in Q4 2023.
- Gates Foundation Trust opened 1 new position and closed 51 in Q4 2023.
- Gates Foundation Trust's portfolio value rose 8.7% quarter-over-quarter to $42.3B.
Based on Gates Foundation Trust's 13F filing for Q4 2023, filed 14 Feb 2024.