Bill Gates portfolio

Q: What does Bill Gates own?

As of the 13F for Jun 30, 2026, Gates Foundation Trust's largest holdings were Berkshire Hathaway Inc (21.4%), Caterpillar Inc. (19.6%), Canadian Natl Ry Co (17.9%), Waste Management, Inc. (17.3%), Deere & Company (6.6%).

Q: What did Bill Gates buy last quarter?

New positions: The Home Depot, Inc., Fedex Fght Hldg Co Inc.

Q: What did Bill Gates sell last quarter?

Biggest reductions by share count: Berkshire Hathaway Inc, Waste Management, Inc..

Q: When is Bill Gates's next 13F filing?

Funds file a 13F within 45 days after each quarter ends. The next one, covering the quarter ending Sep 30, 2026, is due by Nov 14, 2026.

Q: What doesn't a 13F show?

A 13F lists US-listed stocks and options a fund held on the last day of the quarter. It leaves out cash, short positions, bonds, most non-US stocks, and any trading since the quarter ended.

Gates Foundation Trust

Bill Gates's equity holdings are managed via the Gates Foundation Trust, directed by Michael Larson with a long-term focus.

Gates Foundation Trust's 13F for the quarter ending Jun 30, 2026 (filed Aug 14, 2026) reports 24 positions worth $34.4B. The largest are Berkshire Hathaway Inc (21.4%), Caterpillar Inc. (19.6%), Canadian Natl Ry Co (17.9%). The top five make up 83% of the reported portfolio.

Since their last filing

Their stocks

−8.3%

since Jun 30, 2026

S&P 500

+3.6%

same period

Priced

positions, as of Oct 8, 2026

How the stocks in this filing have moved since its quarter ended, weighted by position size. This is not the fund's own return: a 13F leaves out cash, short positions and anything bought or sold since.

Biggest movers

CATCaterpillar Inc.−25.2%
WMWaste Management, Inc.−5.7%
CNICANADIAN NATL RY CO−2.0%
SDGRSCHRODINGER INC+62.4%

What changed in Q2 2026

Compared with the previous 13F. Sorted by how much the share count changed, not by position size.

New 2

HD The Home Depot, Inc.	New position	0% to 1.0%
FDXF Fedex Fght Hldg Co Inc	New position	0% to 0.5%

Trimmed 2

BRK/B Berkshire Hathaway Inc	−13.8% shares	25.8% to 21.4%
WM Waste Management, Inc.	−3.3% shares	20.1% to 17.3%

Holdings

#	Stock	Weight	Value	Shares vs last quarter
1	BRK/B Berkshire Hathaway Inc	21.4%	$7.4B	−13.8%
2	CAT Caterpillar Inc.	19.6%	$6.8B	No change
3	CNI Canadian Natl Ry Co	17.9%	$6.2B	No change
4	WM Waste Management, Inc.	17.3%	$6.0B	−3.3%
5	DE Deere & Company	6.6%	$2.3B	No change
6	ECL Ecolab Inc.	4.2%	$1.5B	No change
7	WMT Walmart Inc.	2.8%	$950.3M	No change
8	FDX FedEx Corporation	2.2%	$746.6M	No change
9	KOF Coca-cola Femsa Sab De Cv	1.9%	$660.3M	No change
10	HD The Home Depot, Inc.	1.0%	$352.7M	New
11	WCN Waste Connections Inc	1.0%	$339.9M	No change
12	MSGS Madison Square Grdn Sprt Cor	0.7%	$238.1M	No change
13	FDXF Fedex Fght Hldg Co Inc	0.5%	$180.0M	New
14	CPNG Coupang Inc	0.5%	$160.6M	No change
15	WST West Pharmaceutical Services, Inc.	0.5%	$159.6M	No change
16	BUD Anheuser Busch Inbev SA NV	0.4%	$140.3M	No change
17	PCAR PACCAR Inc	0.3%	$120.1M	No change
18	SDGR Schrodinger Inc	0.3%	$113.5M	No change
19	MCD McDonald's Corporation	0.3%	$90.5M	No change
20	DHR Danaher Corporation	0.2%	$71.0M	No change
21	KHC The Kraft Heinz Company	0.2%	$58.4M	No change
22	HRL Hormel Foods Corporation	0.1%	$51.8M	No change
23	ONON On Hldg AG	<0.1%	$17.7M	No change
24	VLTO Veralto Corp	<0.1%	$11.0M	No change

Questions

What does Bill Gates own?