Q4 2025 · 13F-HR
GATES FOUNDATION TRUSTholdings as filed
Filed 2026-02-17 · accession 0001104659-26-016458
$35.36B
Reported value
23
Positions
2025-12-31
Period end
The Brief · GATES FOUNDATION TRUST · Q4 2025
AI · grounded in 13F
GATES FOUNDATION TRUST reduced its position in MSFT by 16.32%. The trust also trimmed its holding in BRK/B by 10.84%. These were the only two positions reduced among the fund's 23 total holdings.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $9.75B | 27.6% | 19,406,764 | Common | SOLE |
| 94106L109 | WM | WASTE MGMT INC DEL | $6.36B | 18.0% | 28,934,344 | Common | SOLE |
| 136375102 | CNI | CANADIAN NATL RY CO | $5.12B | 14.5% | 51,826,786 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $3.72B | 10.5% | 7,691,207 | Common | SOLE |
| 149123101 | CAT | CATERPILLAR INC | $3.64B | 10.3% | 6,353,614 | Common | SOLE |
| 244199105 | DE | DEERE & CO | $1.66B | 4.68% | 3,557,378 | Common | SOLE |
| 278865100 | ECL | ECOLAB INC | $1.37B | 3.87% | 5,218,044 | Common | SOLE |
| 931142103 | WMT | WALMART INC | $934.8M | 2.64% | 8,390,477 | Common | SOLE |
| 31428X106 | FDX | FEDEX CORP | $688.7M | 1.95% | 2,384,362 | Common | SOLE |
| 191241108 | KOF | COCA-COLA FEMSA SAB DE CV | $588.6M | 1.66% | 6,214,719 | Common | SOLE |
| 94106B101 | WCN | WASTE CONNECTIONS INC | $357.6M | 1.01% | 2,039,175 | Common | SOLE |
| 22266T109 | CPNG | COUPANG INC | $218.2M | 0.62% | 9,248,045 | Common | SOLE |
| 55825T103 | MSGS | MADISON SQUARE GRDN SPRT COR | $153.2M | 0.43% | 592,406 | Common | SOLE |
| 80810D103 | SDGR | SCHRODINGER INC | $124.8M | 0.35% | 6,981,664 | Common | SOLE |
| 955306105 | WST | WEST PHARMACEUTICAL SVSC INC | $122.3M | 0.35% | 444,500 | Common | SOLE |
| 693718108 | PCAR | PACCAR INC | $109.5M | 0.31% | 1,000,000 | Common | SOLE |
| 03524A108 | BUD | ANHEUSER BUSCH INBEV SA/NV | $109.1M | 0.31% | 1,703,000 | Common | SOLE |
| 580135101 | MCD | MCDONALDS CORP | $102.4M | 0.29% | 334,900 | Common | SOLE |
| 235851102 | DHR | DANAHER CORPORATION | $85.4M | 0.24% | 373,000 | Common | SOLE |
| 500754106 | KHC | KRAFT HEINZ CO | $60.0M | 0.17% | 2,472,600 | Common | SOLE |
| 440452100 | HRL | HORMEL FOODS CORP | $49.4M | 0.14% | 2,085,290 | Common | SOLE |
| H5919C104 | ONON | ON HLDG AG | $23.2M | 0.07% | 500,000 | Common | SOLE |
| 92338C103 | VLTO | VERALTO CORP | $12.4M | 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.