All superinvestors
BG

Bill Gates

Gates Foundation Trust·quality·Concentrated / activist
Closed

~9% since 1995

Portfolio value

$31.7B

Positions

22

Top 5 concentration

83%

New buys this quarter

0

Quarterly activity

What Bill Gates bought and sold each quarter.

Mar 2026vs Dec 2025

Bought (0)

Sold (2)

$MSFTSold out$BRK-BTrimmed-12.2%
Dec 2025vs Sep 2025

Bought (0)

Sold (2)

$MSFTTrimmed-16.3%$BRK-BTrimmed-10.8%
Sep 2025vs Jun 2025

Bought (0)

Sold (11)

$CCISold out$UPSSold out$MSFTTrimmed-64.9%$CATTrimmed-13.6%$WMTrimmed-10.2%$BRK-BTrimmed-9.8%$WMTTrimmed-7.7%$FDXTrimmed-5.9%$KHCTrimmed-5.7%$CNITrimmed-5.5%$WCNTrimmed-5.1%
Jun 2025vs Mar 2025

Bought (1)

$BRK-BAdded+40.5%

Sold (1)

$MSFTTrimmed-8%
Mar 2025vs Dec 2024

Bought (1)

$WSTNew buy0.2%

Sold (1)

$BRK-BTrimmed-12.6%
Dec 2024vs Sep 2024

Bought (1)

$MCDNew buy0.2%

Sold (2)

$VRMSold out$BRK-BTrimmed-11.2%
Sep 2024vs Jun 2024

Bought (2)

$PCARNew buy0.2%$FDXAdded+65.2%

Sold (3)

$MSFTTrimmed-17%$BRK-BTrimmed-10.1%$WMTrimmed-8.5%
Jun 2024vs Mar 2024

Bought (1)

$BRK-BAdded+42.3%

Sold (1)

$CVNASold out

Quarter-over-quarter change in disclosed positions.

Holdings

StockMove% of portfolioSince report

BERKSHIRE HATHAWAY INC DEL

Trimmed
25.8%
+3.4%

WASTE MGMT INC DEL

Held
20.1%
+0.8%

CANADIAN NATL RY CO

Held
16.8%
+21%

CATERPILLAR INC

Held
14.2%
+32.5%

DEERE & CO

Held
6.3%
+5.3%

ECOLAB INC

Held
4.4%
+2.6%

WALMART INC

Held
3.3%
-9.7%

FEDEX CORP

Held
2.7%
-12.7%
$KOFADR

COCA-COLA FEMSA SAB DE CV

Held
1.9%
+6.1%

WASTE CONNECTIONS INC

Held
1%
+4.7%

MADISON SQUARE GRDN SPRT COR

Held
0.6%
+20.4%

COUPANG INC

Held
0.6%
+1.5%
$BUDADR

ANHEUSER BUSCH INBEV SA NV

Held
0.4%
+14.4%

PACCAR INC

Held
0.4%
+6.7%

WEST PHARMACEUTICAL SVSC INC

Held
0.4%
+42.7%

MCDONALDS CORP

Held
0.3%
-11%

SCHRODINGER INC

Held
0.3%
+47.8%

DANAHER CORP DEL

Held
0.2%
+3.4%

KRAFT HEINZ CO

Held
0.2%
+9.7%

HORMEL FOODS CORP

Held
0.1%
+7.4%

ON HLDG AG

Held
0.1%
+8.1%

VERALTO CORP

Held
0%
+4.2%

Notable sell-outs this quarter: $MSFT

Source: SEC 13F via FMP · Mar 2026 report · 45-day filing delay. Long equity positions only. Not financial advice.