Bill Gates - Bill & Melinda Gates Foundation Trust Portfolio Holdings

As of Sep 30, 2025, the Bill & Melinda Gates Foundation Trust portfolio holdings is valued at approximately $36,583,755,044.00 featuring 23 publicly traded holdings. This in-depth profile highlights the top investments led by BERKSHIRE HATHAWAY INC DEL (BRK-B), WASTE MGMT INC DEL (WM), CANADIAN NATL RY CO (CNI), MICROSOFT CORP (MSFT), and others based on the company's latest SEC filings reported on Nov 14, 2025. Explore insights into portfolio composition, sector allocation, and recent trade activity.

Bill & Melinda Gates Foundation Trust's stock portfolio spans 23 holdings across 9 sectors, with a total market value of $36,583,755,044.00. The Industrials sector represents the largest allocation, while the top holdings account for nearly 96% of the total portfolio value. BERKSHIRE HATHAWAY INC DEL remains the single largest position at 29.9% of all equity investments.

Complete Holdings

Showing 23 of 23 holdings.

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# Company Symbol Sector Portfolio % Shares Change (Shares) Change % Value
1 BERKSHIRE HATHAWAY INC DEL BRK-B Financial Services 29.91% 21,765,224 -2,358,460 -9.78% $10,942,248,714.00
2 WASTE MGMT INC DEL WM Industrials 17.47% 28,934,344 -3,300,000 -10.24% $6,389,571,186.00
3 CANADIAN NATL RY CO CNI Industrials 13.36% 51,826,786 -3,000,000 -5.47% $4,887,265,920.00
4 MICROSOFT CORP MSFT Technology 13.01% 9,191,207 -17,000,000 -64.91% $4,760,585,666.00
5 CATERPILLAR INC CAT Industrials 8.29% 6,353,614 -1,000,000 -13.60% $3,031,626,920.00
6 DEERE & CO DE Industrials 4.45% 3,557,378 - - $1,626,646,664.00
7 ECOLAB INC ECL Basic Materials 3.91% 5,218,044 - - $1,429,013,530.00
8 WALMART INC WMT Consumer Defensive 2.36% 8,390,477 -700,000 -7.70% $864,722,560.00
9 FEDEX CORP FDX Industrials 1.54% 2,384,362 -150,000 -5.92% $562,256,403.00
10 COCA-COLA FEMSA SAB DE CV KOF Consumer Defensive 1.41% 6,214,719 - - $516,443,149.00
11 WASTE CONNECTIONS INC WCN Industrials 0.98% 2,039,175 -110,000 -5.12% $358,486,965.00
12 COUPANG INC CPNG Consumer Cyclical 0.81% 9,248,045 - - $297,787,049.00
13 SCHRODINGER INC SDGR Healthcare 0.38% 6,981,664 - - $140,052,180.00
14 MADISON SQUARE GRDN SPRT COR MSGS Communication Services 0.37% 592,406 - - $134,476,162.00
15 WEST PHARMACEUTICAL SVSC INC WST Healthcare 0.32% 444,500 - - $116,605,685.00
16 MCDONALDS CORP MCD Consumer Cyclical 0.28% 334,900 - - $101,772,761.00
17 ANHEUSER BUSCH INBEV SA/NV BUD Consumer Defensive 0.28% 1,703,000 - - $101,515,830.00
18 PACCAR INC PCAR Industrials 0.27% 1,000,000 - - $98,320,000.00
19 DANAHER CORPORATION DHR Healthcare 0.20% 373,000 - - $73,950,980.00
20 KRAFT HEINZ CO KHC Consumer Defensive 0.18% 2,472,600 -150,000 -5.72% $64,386,504.00
21 HORMEL FOODS CORP HRL Consumer Defensive 0.14% 2,085,290 -110,000 -5.01% $51,590,075.00
22 ON HLDG AG ONON Other 0.06% 500,000 - - $21,175,000.00
23 VERALTO CORP VLTO Industrials 0.04% 124,333 - - $13,255,141.00

Holdings by Sector

Sector Allocation Value
Industrials 46.38% $16,967,429,199.00
Financial Services 29.91% $10,942,248,714.00
Technology 13.01% $4,760,585,666.00
Consumer Defensive 4.37% $1,598,658,118.00
Basic Materials 3.91% $1,429,013,530.00
Consumer Cyclical 1.09% $399,559,810.00
Healthcare 0.90% $330,608,845.00
Communication Services 0.37% $134,476,162.00
Other 0.06% $21,175,000.00

Portfolio insights

As of Sep 30, 2025, the Bill & Melinda Gates Foundation Trust portfolio holds 23 securities valued at $36,583,755,044.00. The Industrials sector represents the largest allocation, while the top positions account for a significant portion of the total portfolio weight.