Foundation trust, long-only 13F filer
Bill & Melinda Gates Foundation Trust
US long stock positions, not assets under management
Form 13F-HR, filed 14 August 2026
Bill & Melinda Gates Foundation Trust has stopped filing, or filed late: its most recent 13F in our EDGAR ingest was filed 14 August 2026, covering the quarter ended 30 June 2026 — 1 reporting quarter behind the newest filing among managers we track. Everything below is that last filing, not a current portfolio.
How has Bill & Melinda Gates Foundation Trust's portfolio moved against the S&P 500?
Bill & Melinda Gates Foundation Trust's latest 13F filing covers the quarter ended 30 June 2026 and was filed 14 August 2026 (45 days after quarter end): 24 disclosed US-listed positions — 34.4B USD in long stock. Two new buys against the prior quarter. Holdings are up to 45 days old by the time they clear EDGAR.
Since Sept 2025Bill & Melinda Gates Foundation Trust -6%S&P 500 from Dec 2025 +9%
The line rebuilds Bill & Melinda Gates Foundation Trust's disclosed 13F holdings at each filing and holds them to the next, tracked against the S&P 500 where daily price history overlaps. Long US equity only — an illustrative read, not an audited return.
Since Sept 2024Bill & Melinda Gates Foundation Trust -24%S&P 500 from Dec 2025 +9%
The line rebuilds Bill & Melinda Gates Foundation Trust's disclosed 13F holdings at each filing and holds them to the next, tracked against the S&P 500 where daily price history overlaps. Long US equity only — an illustrative read, not an audited return.
- Long stock value
- 34.4B USD
- Positions
- 24
- Top holding
- BRK.B, 21.4%
- Top sector
- Industrials 65%
- New buys, Q2 2026
- 2
- Exits, Q2 2026
- 0
Values as reported, as of Q2 2026
Top holdings — quarter ended 30 June 2026
24 US-listed positions were disclosed for the quarter ended 30 June 2026; the 15 largest by reported value are below.
Source: SEC EDGAR Form 13F-HR, as filed.
| Position | Value | Weight | Shares | Last quarter |
|---|---|---|---|---|
| BRK.BBERKSHIRE HATHAWAY INC DEL | 7.4B USD | 21.4% | 14.7M | Held |
| CATCATERPILLAR INC | 6.8B USD | 19.7% | 6.4M | Held |
| CNICANADIAN NATL RY CO | 6.2B USD | 18.0% | 51.8M | Held |
| WMWASTE MGMT INC DEL | 6.0B USD | 17.3% | 26.7M | Held |
| DEDEERE & CO | 2.3B USD | 6.6% | 3.6M | Held |
| ECLECOLAB INC | 1.5B USD | 4.2% | 5.2M | Held |
| WMTWALMART INC | 950.3M USD | 2.8% | 8.4M | Held |
| FDXFEDEX CORP | 746.6M USD | 2.2% | 2.4M | Held |
| KOFCOCA-COLA FEMSA SAB DE CV | 660.3M USD | 1.9% | 6.2M | Held |
| HDHOME DEPOT INC | 352.7M USD | 1.0% | 1.0M | New buy |
| WCNWASTE CONNECTIONS INC | 339.9M USD | 1.0% | 2.0M | Held |
| MSGSMADISON SQUARE GRDN SPRT COR | 238.1M USD | 0.7% | 592.4K | Held |
| FDXFFEDEX FGHT HLDG CO INC | 180.0M USD | 0.5% | 1.2M | New buy |
| CPNGCOUPANG INC | 160.6M USD | 0.5% | 9.2M | Held |
| WSTWEST PHARMACEUTICAL SVSC INC | 159.6M USD | 0.5% | 444.5K | Held |
Quarterly changes — quarter ended 30 June 2026
2 changes vs the prior quarter's filing, as of 30 June 2026: 2 new, 0 added, 0 trimmed and 0 sold out.
What changed against the previous quarter's filing: new positions first, then adds, trims and exits, each sorted by position size.
New buys 2Adds 0Trims 0Exits 0
Sector allocation
Industrials carries the largest share of disclosed value, at 65%.
Weights are by reported value of the quarter-end holdings; sectors from the reference list, unclassified where none matched.
| Sector | Weight | Holdings |
|---|---|---|
| Industrials | 65% | CAT, CNI, DE, FDX, PCAR, VLTO, WCN, WM |
| Financial Services | 21% | BRK.B |
| Consumer Defensive | 5% | BUD, HRL, KHC, KOF, WMT |
| Basic Materials | 4% | ECL |
| Consumer Cyclical | 2% | CPNG, HD, MCD |
| Healthcare | 1% | DHR, SDGR, WST |
| Communication Services | 1% | MSGS |
| Other / unclassified | 1% | FDXF, ONON |
Bill & Melinda Gates Foundation Trust: frequently asked questions
What is Bill & Melinda Gates Foundation Trust's biggest holding?
As of the quarter ended 30 June 2026, the largest disclosed position was BRK.B (BERKSHIRE HATHAWAY INC DEL), about 21.4% of the disclosed US-listed portfolio by reported value.
What did Bill Gates's Bill & Melinda Gates Foundation Trust buy in Q2 2026?
2 new positions were disclosed for the quarter ended 30 June 2026: HD, FDXF. Adds and trims are listed in the quarterly-changes table on this page.
How concentrated is the portfolio?
Very concentrated. The top five positions are 83% of disclosed value and the top ten are 95%.
When is Bill & Melinda Gates Foundation Trust's next 13F due?
13F filings for the quarter ended 30 September 2026 are due by 16 November 2026 — managers have 45 days after each calendar quarter ends. Whether Bill & Melinda Gates Foundation Trust files is up to the manager; we show whatever EDGAR receives.
Does this show the whole portfolio?
No. Form 13F covers US-listed long equity and some options only — no short bets, bonds, cash, private businesses, non-US holdings or timing inside the quarter. Amended filings replace originals; this page always shows the latest canonical version.
Read the form itself on SEC EDGAR or see our plain-words guide to 13F filings — Bill & Melinda Gates Foundation Trust may have already changed these positions since 30 June 2026.
References
- SEC EDGAR Form 13F-HR, quarterly, up to 45 days delayed. Filings are public records. Ticker mapping via SEC public files and OpenFIGI.
- Finazon prior-day close, indicative (IEX-derived, not the official close), some closes dollar-rounded at the source