Gates Foundation Trust

sold out of Microsoft. Portfolio down 10% to $31.7B.

$31.7B portfolio22 holdingstop 10 = 97%filed 2026-05-15

1Berkshire Hathaway Inc Del25.80%
$8.2B - 17.0M shares-2.4M
2WMWaste MGMT Inc Del20.06%
$6.4B - 27.6M shares-1.3M
3CNICanadian Natl RY Co16.82%
$5.3B - 51.8M shares-
4CATCaterpillar Inc14.22%
$4.5B - 6.4M shares-
5DEDeere & Co6.33%
$2.0B - 3.6M shares-
6ECLEcolab Inc4.38%
$1.4B - 5.2M shares-
7WMTWalmart Inc3.29%
$1.0B - 8.4M shares-
8FDXFedex Corp2.68%
$849.3M - 2.4M shares-
9KOFCoca-cola Femsa Sab De CV1.91%
$606.2M - 6.2M shares-
10WCNWaste Connections Inc1.05%
$331.2M - 2.0M shares-
11MSGSMadison Square GRDN SPRT C0.60%
$190.4M - 592K shares-
12CPNGCoupang Inc0.55%
$174.6M - 9.2M shares-
13BUDAnheuser Busch Inbev SA NV0.37%
$118.1M - 1.7M shares-
14PCARPaccar Inc0.36%
$115.5M - 1.0M shares-
15WSTWest Pharmaceutical SVSC I0.35%
$111.4M - 445K shares-
16MCDMcDonald's Corp0.33%
$104.1M - 335K shares-
17SDGRSchrodinger Inc0.25%
$79.3M - 7.0M shares-
18DHRDanaher Corp Del0.22%
$70.7M - 373K shares-
19KHCKraft Heinz Co0.18%
$55.6M - 2.5M shares-
20HRLHormel Foods Corp0.15%
$47.2M - 2.1M shares-
21On HLDG AG0.05%
$17.0M - 500K shares-
22VLTOVeralto Corp0.03%
$11.0M - 124K shares-

#	Stock
1	Berkshire Hathaway Inc Del	25.80%	$8.2B	17.0M	-2.4M
2	WMWaste MGMT Inc Del	20.06%	$6.4B	27.6M	-1.3M
3	CNICanadian Natl RY Co	16.82%	$5.3B	51.8M	-
4	CATCaterpillar Inc	14.22%	$4.5B	6.4M	-
5	DEDeere & Co	6.33%	$2.0B	3.6M	-
6	ECLEcolab Inc	4.38%	$1.4B	5.2M	-
7	WMTWalmart Inc	3.29%	$1.0B	8.4M	-
8	FDXFedex Corp	2.68%	$849.3M	2.4M	-
9	KOFCoca-cola Femsa Sab De CV	1.91%	$606.2M	6.2M	-
10	WCNWaste Connections Inc	1.05%	$331.2M	2.0M	-
11	MSGSMadison Square GRDN SPRT C	0.60%	$190.4M	592K	-
12	CPNGCoupang Inc	0.55%	$174.6M	9.2M	-
13	BUDAnheuser Busch Inbev SA NV	0.37%	$118.1M	1.7M	-
14	PCARPaccar Inc	0.36%	$115.5M	1.0M	-
15	WSTWest Pharmaceutical SVSC I	0.35%	$111.4M	445K	-
16	MCDMcDonald's Corp	0.33%	$104.1M	335K	-
17	SDGRSchrodinger Inc	0.25%	$79.3M	7.0M	-
18	DHRDanaher Corp Del	0.22%	$70.7M	373K	-
19	KHCKraft Heinz Co	0.18%	$55.6M	2.5M	-
20	HRLHormel Foods Corp	0.15%	$47.2M	2.1M	-
21	On HLDG AG	0.05%	$17.0M	500K	-
22	VLTOVeralto Corp	0.03%	$11.0M	124K	-

What a 13F does not show

Filed up to 45 days after the quarter ends, so this is Q1 2026, not today. US-listed shares and some options only. No short bets, cash, bonds, or foreign listings.