Bill Gates

Net selling

Gates Foundation Trust — managed by Bill Gates; US equity positions disclosed quarterly via SEC 13F

Data as of 2026-03-31 (filed 2026-05-15) · Source: SEC EDGAR

Portfolio value$31.67B（−10%）

Holdings22（−1）

Reporting quarterQ1 2026

Top holdingBerkshire Hathaway Inc

Portfolio overview

Gates Foundation Trust's most recent 13F filing, for the quarter ended 2026-03-31, reports 22 positions worth $31.67B. The top 5 holdings represent 83% of that value, a concentrated portfolio.

The single largest position is Berkshire Hathaway Inc at 25.8% of the portfolio, followed by Waste Mgmt Inc at 20.1% and Canadian Natl Ry Co at 16.8%.

Against the prior quarter, Bill Gates opened 0 new positions, exited 1, added to 0, and trimmed 2. The most notable sale was the full exit from Microsoft Corp.

Across all 8 quarters on file, Berkshire Hathaway Inc has appeared in every filing, as has Waste Mgmt Inc. Berkshire Hathaway Inc currently ranks first by value.

A 13F is filed roughly 45 days after quarter-end and covers only long positions in US-listed equities, so it is a lagging and partial view of the portfolio. Source: SEC EDGAR.

High-conviction

Berkshire Hathaway IncBRK.BCore · 8q

A core position held 8 quarters running.

Waste Mgmt IncWMCore · 8q

A core position held 8 quarters running.

Canadian Natl Ry CoCNICore · 8q

A core position held 8 quarters running.

Strike-zone picks

None of Bill Gates's tracked holdings are in the strike zone right now.

Valuation as of 2026-07-02; method: conservative Greenwald value band + Owner-Earnings DCF. Position observation, not advice.

Next · is it cheap

Bill Gates has no positions in the strike zone right now.

Browse the whole market by value band

Holdings

Security	Value	Valuation	Holders	Shares	Weight (prev→now)
Berkshire Hathaway IncBRK.B	$8.17B	—	22	17,048,304	27.6% → 25.8% ▼
Waste Mgmt IncWM	$6.35B	Above value	1	27,642,344	18.0% → 20.1% ▼
Canadian Natl Ry CoCNI	$5.33B	—	5	51,826,786	14.5% → 16.8%
Caterpillar IncCAT	$4.50B	Above value	6	6,353,614	10.3% → 14.2%
Deere & CoDE	$2.00B	Above value	5	3,557,378	4.7% → 6.3%
Ecolab IncECL	$1.39B	Above value	3	5,218,044	3.9% → 4.4%
Walmart IncWMT	$1.04B	Above value	6	8,390,477	2.6% → 3.3%
Fedex CorpFDX	$849.3M	Above value	11	2,384,362	1.9% → 2.7%
Coca-Cola Femsa Sab De CvKOF	$606.2M	—	2	6,214,719	1.7% → 1.9%
Waste Connections IncWCN	$331.2M	Above value	2	2,039,175	1.0% → 1.0%
Madison Square Grdn Sprt CorMSGS	$190.4M	—	5	592,406	0.4% → 0.6%
Coupang IncCPNG	$174.6M	—	9	9,248,045	0.6% → 0.6%
Anheuser Busch Inbev Sa NvBUD	$118.1M	—	4	1,703,000	0.3% → 0.4%
Paccar IncPCAR	$115.5M	Above value	2	1,000,000	0.3% → 0.4%
West Pharmaceutical Svsc IncWST	$111.4M	Above value	3	444,500	0.3% → 0.4%
Mcdonalds CorpMCD	$104.1M	Above value	8	334,900	0.3% → 0.3%
Schrodinger IncSDGR	$79.3M	—	1	6,981,664	0.4% → 0.3%
Danaher CorpDHR	$70.7M	Above value	10	373,000	0.2% → 0.2%
Kraft Heinz CoKHC	$55.6M	—	7	2,472,600	0.2% → 0.2%
Hormel Foods CorpHRL	$47.2M	Above value	4	2,085,290	0.1% → 0.1%
On Hldg AgONON	$17.0M	—	3	500,000	0.1% → 0.1%
Veralto CorpVLTO	$11.0M	Above value	2	124,333	0.0% → 0.0%

Berkshire Hathaway IncBRK.B
Value$8.17BValuation—Holders22Weight (prev→now)27.6% → 25.8% ▼
Waste Mgmt IncWM
Value$6.35BValuationAbove valueHolders1Weight (prev→now)18.0% → 20.1% ▼
Canadian Natl Ry CoCNI
Value$5.33BValuation—Holders5Weight (prev→now)14.5% → 16.8%
Caterpillar IncCAT
Value$4.50BValuationAbove valueHolders6Weight (prev→now)10.3% → 14.2%
Deere & CoDE
Value$2.00BValuationAbove valueHolders5Weight (prev→now)4.7% → 6.3%
Ecolab IncECL
Value$1.39BValuationAbove valueHolders3Weight (prev→now)3.9% → 4.4%
Walmart IncWMT
Value$1.04BValuationAbove valueHolders6Weight (prev→now)2.6% → 3.3%
Fedex CorpFDX
Value$849.3MValuationAbove valueHolders11Weight (prev→now)1.9% → 2.7%
Coca-Cola Femsa Sab De CvKOF
Value$606.2MValuation—Holders2Weight (prev→now)1.7% → 1.9%
Waste Connections IncWCN
Value$331.2MValuationAbove valueHolders2Weight (prev→now)1.0% → 1.0%
Madison Square Grdn Sprt CorMSGS
Value$190.4MValuation—Holders5Weight (prev→now)0.4% → 0.6%
Coupang IncCPNG
Value$174.6MValuation—Holders9Weight (prev→now)0.6% → 0.6%
Anheuser Busch Inbev Sa NvBUD
Value$118.1MValuation—Holders4Weight (prev→now)0.3% → 0.4%
Paccar IncPCAR
Value$115.5MValuationAbove valueHolders2Weight (prev→now)0.3% → 0.4%
West Pharmaceutical Svsc IncWST
Value$111.4MValuationAbove valueHolders3Weight (prev→now)0.3% → 0.4%
Mcdonalds CorpMCD
Value$104.1MValuationAbove valueHolders8Weight (prev→now)0.3% → 0.3%
Schrodinger IncSDGR
Value$79.3MValuation—Holders1Weight (prev→now)0.4% → 0.3%
Danaher CorpDHR
Value$70.7MValuationAbove valueHolders10Weight (prev→now)0.2% → 0.2%
Kraft Heinz CoKHC
Value$55.6MValuation—Holders7Weight (prev→now)0.2% → 0.2%
Hormel Foods CorpHRL
Value$47.2MValuationAbove valueHolders4Weight (prev→now)0.1% → 0.1%
On Hldg AgONON
Value$17.0MValuation—Holders3Weight (prev→now)0.1% → 0.1%
Veralto CorpVLTO
Value$11.0MValuationAbove valueHolders2Weight (prev→now)0.0% → 0.0%

Exited this quarter (1)Microsoft Corp

Sources· SEC EDGAR 13F as of 2026-03-31 · filed 2026-05-15

Stay Updated

Curated 13F moves and valuation insights, straight to your inbox.