Q3 2025 · 13F-HR
GATES FOUNDATION TRUSTholdings as filed
Filed 2025-11-14 · accession 0001104659-25-112544
$36.58B
Reported value
23
Positions
2025-09-30
Period end
The Brief · GATES FOUNDATION TRUST · Q3 2025
AI · grounded in 13F
GATES FOUNDATION TRUST established a new position in BRK/B valued at $10.9B. The trust also initiated new stakes in WM for $6.4B and CNI for $4.9B. Additional new positions include MSFT at $4.8B and CAT at $3.0B. Total assets under management stand at $36.6B across 23 positions.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $10.94B | 29.9% | 21,765,224 | Common | SOLE |
| 94106L109 | WM | WASTE MGMT INC DEL | $6.39B | 17.5% | 28,934,344 | Common | SOLE |
| 136375102 | CNI | CANADIAN NATL RY CO | $4.89B | 13.4% | 51,826,786 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $4.76B | 13.0% | 9,191,207 | Common | SOLE |
| 149123101 | CAT | CATERPILLAR INC | $3.03B | 8.29% | 6,353,614 | Common | SOLE |
| 244199105 | DE | DEERE & CO | $1.63B | 4.45% | 3,557,378 | Common | SOLE |
| 278865100 | ECL | ECOLAB INC | $1.43B | 3.91% | 5,218,044 | Common | SOLE |
| 931142103 | WMT | WALMART INC | $864.7M | 2.36% | 8,390,477 | Common | SOLE |
| 31428X106 | FDX | FEDEX CORP | $562.3M | 1.54% | 2,384,362 | Common | SOLE |
| 191241108 | KOF | COCA-COLA FEMSA SAB DE CV | $516.4M | 1.41% | 6,214,719 | Common | SOLE |
| 94106B101 | WCN | WASTE CONNECTIONS INC | $358.5M | 0.98% | 2,039,175 | Common | SOLE |
| 22266T109 | CPNG | COUPANG INC | $297.8M | 0.81% | 9,248,045 | Common | SOLE |
| 80810D103 | SDGR | SCHRODINGER INC | $140.1M | 0.38% | 6,981,664 | Common | SOLE |
| 55825T103 | MSGS | MADISON SQUARE GRDN SPRT COR | $134.5M | 0.37% | 592,406 | Common | SOLE |
| 955306105 | WST | WEST PHARMACEUTICAL SVSC INC | $116.6M | 0.32% | 444,500 | Common | SOLE |
| 580135101 | MCD | MCDONALDS CORP | $101.8M | 0.28% | 334,900 | Common | SOLE |
| 03524A108 | BUD | ANHEUSER BUSCH INBEV SA/NV | $101.5M | 0.28% | 1,703,000 | Common | SOLE |
| 693718108 | PCAR | PACCAR INC | $98.3M | 0.27% | 1,000,000 | Common | SOLE |
| 235851102 | DHR | DANAHER CORPORATION | $74.0M | 0.20% | 373,000 | Common | SOLE |
| 500754106 | KHC | KRAFT HEINZ CO | $64.4M | 0.18% | 2,472,600 | Common | SOLE |
| 440452100 | HRL | HORMEL FOODS CORP | $51.6M | 0.14% | 2,085,290 | Common | SOLE |
| H5919C104 | ONON | ON HLDG AG | $21.2M | 0.06% | 500,000 | Common | SOLE |
| 92338C103 | VLTO | VERALTO CORP | $13.3M | 0.04% | 124,333 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.