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High-profile investor tracker

Bill Gates Portfolio

Gates Foundation Trust Holdings

A filing-based view of the Gates Foundation Trust’s publicly disclosed U.S.-listed equity holdings — with portfolio concentration, quarter-over-quarter changes and five years of SEC history.

This tracker follows the Gates Foundation Trust’s Form 13F disclosures. It is not Bill Gates’s personal brokerage account, and 13F filings do not reveal exact trade dates or execution prices.

Confirmed SEC snapshot

$34.42B

Reported 13F value · Q2 2026

2413F entries
2026-08-14filing date
13F-HRsource filing
83verified quarters

Portfolio

BERKSHIRE HATHAWAY INC DELBRK/B
$7.35B
21.4%
+50.3%Est. vs filing basis
Position reduced 13.8%
Reported shares14,689,844
Current price$507.00
SEC reference price$500.39
Estimated filing-based basis$337.25
Position historySEC quarter-end observations
Q2 2026
Reduced 13.8%-2,358,460 reported shares
SEC ref. $500.39Est. basis $337.25
Q1 2026
Reduced 12.2%-2,358,460 reported shares
SEC ref. $479.20Est. basis $337.25
Q4 2025
Reduced 10.8%-2,358,460 reported shares
SEC ref. $502.65Est. basis $337.25
Q3 2025
Reduced 9.8%-2,358,460 reported shares
SEC ref. $502.74Est. basis $337.25
Q2 2025
Increased 40.5%+6,951,249 reported shares
SEC ref. $485.77Est. basis $337.25
Q1 2025
Reduced 12.6%-2,482,589 reported shares
SEC ref. $532.58Est. basis $277.14
Q4 2024
Reduced 11.2%-2,482,589 reported shares
SEC ref. $453.28Est. basis $277.14
Q3 2024
Reduced 10.1%-2,482,589 reported shares
SEC ref. $460.26Est. basis $277.14
Q2 2024
Increased 42.3%+7,317,105 reported shares
SEC ref. $406.80Est. basis $277.14
Q1 2024
Reduced 13.1%-2,613,252 reported shares
SEC ref. $420.52Est. basis $222.31
Q4 2023
Reduced 11.6%-2,613,252 reported shares
SEC ref. $356.66Est. basis $222.31
Q3 2023
Reduced 10.4%-2,613,252 reported shares
SEC ref. $350.30Est. basis $222.31
Q2 2023
Increased 27.7%+5,453,008 reported shares
SEC ref. $341.00Est. basis $222.31
Q1 2023
Reduced 20.3%-5,000,000 reported shares
SEC ref. $308.77Est. basis $189.43
Q4 2022
Reduced 16.8%-5,000,000 reported shares
SEC ref. $308.90Est. basis $189.43
Q3 2022
Reduced 14.4%-5,000,000 reported shares
SEC ref. $267.02Est. basis $189.43
Q2 2022
Increased 20.9%+6,003,166 reported shares
SEC ref. $273.02Est. basis $189.43
Q1 2022
Reduced 14.8%-5,000,000 reported shares
SEC ref. $352.91Est. basis $171.94
Q4 2021
Reduced 12.9%-5,000,000 reported shares
SEC ref. $299.00Est. basis $171.94
Q3 2021
Reduced 11.4%-5,000,000 reported shares
SEC ref. $272.94Est. basis $171.94
CATERPILLAR INCCAT
$6.77B
19.7%
+835.0%Est. vs filing basis
Unchanged
Reported shares6,353,614
Current price$805.00
SEC reference price$1,064.90
Estimated filing-based basis$86.09
Position historySEC quarter-end observations
Q2 2026
Unchanged
SEC ref. $1,064.90Est. basis $86.09
Q1 2026
Unchanged
SEC ref. $708.46Est. basis $86.09
Q4 2025
Unchanged
SEC ref. $572.87Est. basis $86.09
Q3 2025
Reduced 13.6%-1,000,000 reported shares
SEC ref. $477.15Est. basis $86.09
Q2 2025
Unchanged
SEC ref. $388.21Est. basis $86.09
Q1 2025
Unchanged
SEC ref. $329.80Est. basis $86.09
Q4 2024
Unchanged
SEC ref. $362.76Est. basis $86.09
Q3 2024
Unchanged
SEC ref. $391.12Est. basis $86.09
Q2 2024
Unchanged
SEC ref. $333.10Est. basis $86.09
Q1 2024
Unchanged
SEC ref. $366.43Est. basis $86.09
Q4 2023
Unchanged
SEC ref. $295.67Est. basis $86.09
Q3 2023
Unchanged
SEC ref. $273.00Est. basis $86.09
Q2 2023
Unchanged
SEC ref. $246.05Est. basis $86.09
Q1 2023
Unchanged
SEC ref. $228.84Est. basis $86.09
Q4 2022
Unchanged
SEC ref. $239.56Est. basis $86.09
Q3 2022
Unchanged
SEC ref. $164.08Est. basis $86.09
Q2 2022
Unchanged
SEC ref. $178.76Est. basis $86.09
Q1 2022
Reduced 24.1%-2,331,518 reported shares
SEC ref. $222.82Est. basis $86.09
Q4 2021
Unchanged
SEC ref. $206.74Est. basis $86.09
Q3 2021
Reduced 4.6%-471,624 reported shares
SEC ref. $191.97Est. basis $86.09
CANADIAN NATL RY COCNI
$6.18B
18.0%
+19.5%Est. vs filing basis
Unchanged
Reported shares51,826,786
Current price$121.16
SEC reference price$119.24
Estimated filing-based basis$101.36
Position historySEC quarter-end observations
Q2 2026
Unchanged
SEC ref. $119.24Est. basis $101.36
Q1 2026
Unchanged
SEC ref. $102.77Est. basis $101.36
Q4 2025
Unchanged
SEC ref. $98.85Est. basis $101.36
Q3 2025
Reduced 5.5%-3,000,000 reported shares
SEC ref. $94.30Est. basis $101.36
Q2 2025
Unchanged
SEC ref. $104.04Est. basis $101.36
Q1 2025
Unchanged
SEC ref. $97.46Est. basis $101.36
Q4 2024
Unchanged
SEC ref. $101.51Est. basis $101.36
Q3 2024
Unchanged
SEC ref. $117.15Est. basis $101.36
Q2 2024
Unchanged
SEC ref. $118.13Est. basis $101.36
Q1 2024
Unchanged
SEC ref. $131.71Est. basis $101.36
Q4 2023
Unchanged
SEC ref. $125.63Est. basis $101.36
Q3 2023
Unchanged
SEC ref. $108.33Est. basis $101.36
Q2 2023
Unchanged
SEC ref. $121.07Est. basis $101.36
Q1 2023
Unchanged
SEC ref. $117.97Est. basis $101.36
Q4 2022
Unchanged
SEC ref. $118.88Est. basis $101.36
Q3 2022
Increased 433.4%+44,548,156 reported shares
SEC ref. $107.99Est. basis $101.36
Q2 2022
Reduced 21.3%-2,787,539 reported shares
SEC ref. $112.47Est. basis $72.62
Q1 2022
Unchanged
SEC ref. $134.16Est. basis $72.62
Q4 2021
Unchanged
SEC ref. $122.89Est. basis $72.62
Q3 2021
Reduced 6.0%-841,114 reported shares
SEC ref. $115.69Est. basis $72.62
WASTE MGMT INC DELWM
$5.96B
17.3%
+132.3%Est. vs filing basis
Position reduced 3.3%
Reported shares26,720,744
Current price$214.77
SEC reference price$222.88
Estimated filing-based basis$92.45
Position historySEC quarter-end observations
Q2 2026
Reduced 3.3%-921,600 reported shares
SEC ref. $222.88Est. basis $92.45
Q1 2026
Reduced 4.5%-1,292,000 reported shares
SEC ref. $229.79Est. basis $92.45
Q4 2025
Unchanged
SEC ref. $219.71Est. basis $92.45
Q3 2025
Reduced 10.2%-3,300,000 reported shares
SEC ref. $220.83Est. basis $92.45
Q2 2025
Unchanged
SEC ref. $228.82Est. basis $92.45
Q1 2025
Unchanged
SEC ref. $231.51Est. basis $92.45
Q4 2024
Unchanged
SEC ref. $201.79Est. basis $92.45
Q3 2024
Reduced 8.5%-3,000,000 reported shares
SEC ref. $207.60Est. basis $92.45
Q2 2024
Unchanged
SEC ref. $213.34Est. basis $92.45
Q1 2024
Unchanged
SEC ref. $213.15Est. basis $92.45
Q4 2023
Unchanged
SEC ref. $179.10Est. basis $92.45
Q3 2023
Unchanged
SEC ref. $152.44Est. basis $92.45
Q2 2023
Unchanged
SEC ref. $173.42Est. basis $92.45
Q1 2023
Unchanged
SEC ref. $163.17Est. basis $92.45
Q4 2022
Unchanged
SEC ref. $156.88Est. basis $92.45
Q3 2022
Increased 89.1%+16,600,672 reported shares
SEC ref. $160.21Est. basis $92.45
Q2 2022
Unchanged
SEC ref. $152.98Est. basis $32.08
Q1 2022
Unchanged
SEC ref. $158.50Est. basis $32.08
Q4 2021
Unchanged
SEC ref. $166.90Est. basis $32.08
Q3 2021
Unchanged
SEC ref. $149.36Est. basis $32.08
DEERE & CODE
$2.26B
6.6%
+102.9%Est. vs filing basis
Unchanged
Reported shares3,557,378
Current price$677.94
SEC reference price$634.33
Estimated filing-based basis$334.16
Position historySEC quarter-end observations
Q2 2026
Unchanged
SEC ref. $634.33Est. basis $334.16
Q1 2026
Unchanged
SEC ref. $563.30Est. basis $334.16
Q4 2025
Unchanged
SEC ref. $465.57Est. basis $334.16
Q3 2025
Unchanged
SEC ref. $457.26Est. basis $334.16
Q2 2025
Unchanged
SEC ref. $508.49Est. basis $334.16
Q1 2025
Unchanged
SEC ref. $469.35Est. basis $334.16
Q4 2024
Unchanged
SEC ref. $423.70Est. basis $334.16
Q3 2024
Unchanged
SEC ref. $417.33Est. basis $334.16
Q2 2024
Unchanged
SEC ref. $373.63Est. basis $334.16
Q1 2024
Unchanged
SEC ref. $410.74Est. basis $334.16
Q4 2023
Reduced 9.2%-360,315 reported shares
SEC ref. $399.87Est. basis $334.16
Q3 2023
Unchanged
SEC ref. $377.38Est. basis $334.16
Q2 2023
Unchanged
SEC ref. $405.19Est. basis $334.16
Q1 2023
Unchanged
SEC ref. $412.88Est. basis $334.16
Q4 2022
Unchanged
SEC ref. $428.76Est. basis $334.16
Q3 2022
Increased 335.5%+3,018,038 reported shares
SEC ref. $333.89Est. basis $334.16
Q2 2022
Unchanged
SEC ref. $299.47Est. basis $335.07
Q1 2022
Reduced 13.0%-133,943 reported shares
SEC ref. $415.46Est. basis $335.07
Q4 2021
Unchanged
SEC ref. $342.89Est. basis $335.07
Q3 2021
New position1,033,598 reported shares
SEC ref. $335.07Est. basis $335.07
ECOLAB INCECL
$1.45B
4.2%
+248.7%Est. vs filing basis
Unchanged
Reported shares5,218,044
Current price$271.60
SEC reference price$278.61
Estimated filing-based basis$77.88
Position historySEC quarter-end observations
Q2 2026
Unchanged
SEC ref. $278.61Est. basis $77.88
Q1 2026
Unchanged
SEC ref. $266.02Est. basis $77.88
Q4 2025
Unchanged
SEC ref. $262.52Est. basis $77.88
Q3 2025
Unchanged
SEC ref. $273.86Est. basis $77.88
Q2 2025
Unchanged
SEC ref. $269.44Est. basis $77.88
Q1 2025
Unchanged
SEC ref. $253.52Est. basis $77.88
Q4 2024
Unchanged
SEC ref. $234.32Est. basis $77.88
Q3 2024
Unchanged
SEC ref. $255.33Est. basis $77.88
Q2 2024
Unchanged
SEC ref. $238.00Est. basis $77.88
Q1 2024
Unchanged
SEC ref. $230.90Est. basis $77.88
Q4 2023
Unchanged
SEC ref. $198.35Est. basis $77.88
Q3 2023
Unchanged
SEC ref. $169.40Est. basis $77.88
Q2 2023
Unchanged
SEC ref. $186.69Est. basis $77.88
Q1 2023
Unchanged
SEC ref. $165.53Est. basis $77.88
Q4 2022
Increased 7.2%+351,617 reported shares
SEC ref. $145.56Est. basis $77.88
Q3 2022
Increased 11.5%+500,000 reported shares
SEC ref. $144.42Est. basis $72.99
Q2 2022
Unchanged
SEC ref. $153.76Est. basis $64.81
Q1 2022
Unchanged
SEC ref. $176.56Est. basis $64.81
Q4 2021
Unchanged
SEC ref. $234.59Est. basis $64.81
Q3 2021
Unchanged
SEC ref. $208.62Est. basis $64.81
WALMART INCWMT
$950.3M
2.8%
+63.2%Est. vs filing basis
Unchanged
Reported shares8,390,477
Current price$105.73
SEC reference price$113.26
Estimated filing-based basis$64.79
Position historySEC quarter-end observations
Q2 2026
Unchanged
SEC ref. $113.26Est. basis $64.79
Q1 2026
Unchanged
SEC ref. $124.28Est. basis $64.79
Q4 2025
Unchanged
SEC ref. $111.41Est. basis $64.79
Q3 2025
Reduced 7.7%-700,000 reported shares
SEC ref. $103.06Est. basis $64.79
Q2 2025
Unchanged
SEC ref. $97.78Est. basis $64.79
Q1 2025
Unchanged
SEC ref. $87.79Est. basis $64.79
Q4 2024
Unchanged
SEC ref. $90.35Est. basis $64.79
Q3 2024
Unchanged
SEC ref. $80.75Est. basis $64.79
Q2 2024
Unchanged
SEC ref. $67.71Est. basis $64.79
Q1 2024
Increased 200.0%+6,060,318 reported shares
SEC ref. $60.17Est. basis $64.79
Q4 2023
Unchanged
SEC ref. $157.65Est. basis $74.04
Q3 2023
Increased 0.3%+9,300 reported shares
SEC ref. $159.93Est. basis $74.04
Q2 2023
Unchanged
SEC ref. $157.18Est. basis $73.77
Q1 2023
Unchanged
SEC ref. $147.45Est. basis $73.77
Q4 2022
Unchanged
SEC ref. $141.79Est. basis $73.77
Q3 2022
Unchanged
SEC ref. $129.70Est. basis $73.77
Q2 2022
Unchanged
SEC ref. $121.58Est. basis $73.77
Q1 2022
Reduced 56.4%-3,900,880 reported shares
SEC ref. $148.92Est. basis $73.77
Q4 2021
Unchanged
SEC ref. $144.69Est. basis $73.77
Q3 2021
Reduced 8.9%-678,967 reported shares
SEC ref. $139.38Est. basis $73.77
FEDEX CORPFDX
$746.6M
2.2%
+69.1%Est. vs filing basis
Unchanged
Reported shares2,384,362
Current price$311.80
SEC reference price$313.13
Estimated filing-based basis$184.41
Position historySEC quarter-end observations
Q2 2026
Unchanged
SEC ref. $313.13Est. basis $184.41
Q1 2026
Unchanged
SEC ref. $356.18Est. basis $184.41
Q4 2025
Unchanged
SEC ref. $288.86Est. basis $184.41
Q3 2025
Reduced 5.9%-150,000 reported shares
SEC ref. $235.81Est. basis $184.41
Q2 2025
Unchanged
SEC ref. $227.31Est. basis $184.41
Q1 2025
Unchanged
SEC ref. $243.78Est. basis $184.41
Q4 2024
Unchanged
SEC ref. $281.33Est. basis $184.41
Q3 2024
Increased 65.2%+1,000,000 reported shares
SEC ref. $273.68Est. basis $184.41
Q2 2024
Unchanged
SEC ref. $299.84Est. basis $126.23
Q1 2024
Unchanged
SEC ref. $289.74Est. basis $126.23
Q4 2023
Unchanged
SEC ref. $252.97Est. basis $126.23
Q3 2023
Unchanged
SEC ref. $264.92Est. basis $126.23
Q2 2023
Unchanged
SEC ref. $247.90Est. basis $126.23
Q1 2023
Unchanged
SEC ref. $228.49Est. basis $126.23
Q4 2022
Unchanged
SEC ref. $173.20Est. basis $126.23
Q3 2022
Increased 187.1%+1,000,000 reported shares
SEC ref. $148.47Est. basis $126.23
Q2 2022
Unchanged
SEC ref. $226.71Est. basis $84.62
Q1 2022
Reduced 64.2%-959,350 reported shares
SEC ref. $231.39Est. basis $84.62
Q4 2021
Unchanged
SEC ref. $258.64Est. basis $84.62
Q3 2021
Unchanged
SEC ref. $219.29Est. basis $84.62
COCA-COLA FEMSA SAB DE CVKOF
$660.3M
1.9%
+24.7%Est. vs filing basis
Unchanged
Reported shares6,214,719
Current price$110.62
SEC reference price$106.25
Estimated filing-based basis$88.72
Position historySEC quarter-end observations
Q2 2026
Unchanged
SEC ref. $106.25Est. basis $88.72
Q1 2026
Unchanged
SEC ref. $97.55Est. basis $88.72
Q4 2025
Unchanged
SEC ref. $94.71Est. basis $88.72
Q3 2025
Unchanged
SEC ref. $83.10Est. basis $88.72
Q2 2025
Unchanged
SEC ref. $96.73Est. basis $88.72
Q1 2025
Unchanged
SEC ref. $91.29Est. basis $88.72
Q4 2024
Unchanged
SEC ref. $77.89Est. basis $88.72
Q3 2024
New position6,214,719 reported shares
SEC ref. $88.72Est. basis $88.72
HOME DEPOT INCHD
$352.7M
1.0%
-13.3%Est. vs filing basis
New reported position
Reported shares1,000,000
Current price$305.69
SEC reference price$352.68
Estimated filing-based basis$352.68
Position historySEC quarter-end observations
Q2 2026
New position1,000,000 reported shares
SEC ref. $352.68Est. basis $352.68
Q4 2023
Position exitedLast reported in prior verified quarter
Q3 2023
New position5,692 reported shares
SEC ref. $302.16Est. basis $302.16
WASTE CONNECTIONS INCWCN
$339.9M
1.0%
+18.0%Est. vs filing basis
Unchanged
Reported shares2,039,175
Current price$159.44
SEC reference price$166.69
Estimated filing-based basis$135.13
Position historySEC quarter-end observations
Q2 2026
Unchanged
SEC ref. $166.69Est. basis $135.13
Q1 2026
Unchanged
SEC ref. $162.44Est. basis $135.13
Q4 2025
Unchanged
SEC ref. $175.36Est. basis $135.13
Q3 2025
Reduced 5.1%-110,000 reported shares
SEC ref. $175.80Est. basis $135.13
Q2 2025
Unchanged
SEC ref. $186.72Est. basis $135.13
Q1 2025
Unchanged
SEC ref. $195.19Est. basis $135.13
Q4 2024
Unchanged
SEC ref. $171.58Est. basis $135.13
Q3 2024
Unchanged
SEC ref. $178.82Est. basis $135.13
Q2 2024
Unchanged
SEC ref. $175.36Est. basis $135.13
Q1 2024
Unchanged
SEC ref. $172.01Est. basis $135.13
Q4 2023
Unchanged
SEC ref. $149.27Est. basis $135.13
Q3 2023
Unchanged
SEC ref. $134.30Est. basis $135.13
Q2 2023
Unchanged
SEC ref. $142.93Est. basis $135.13
Q1 2023
Unchanged
SEC ref. $139.07Est. basis $135.13
Q4 2022
Unchanged
SEC ref. $132.56Est. basis $135.13
Q3 2022
New position2,149,175 reported shares
SEC ref. $135.13Est. basis $135.13
MADISON SQUARE GRDN SPRT CORMSGS
$238.1M
0.7%
+134.2%Est. vs filing basis
Unchanged
Reported shares592,406
Current price$392.11
SEC reference price$401.84
Estimated filing-based basis$167.41
Position historySEC quarter-end observations
Q2 2026
Unchanged
SEC ref. $401.84Est. basis $167.41
Q1 2026
Unchanged
SEC ref. $321.40Est. basis $167.41
Q4 2025
Unchanged
SEC ref. $258.65Est. basis $167.41
Q3 2025
Unchanged
SEC ref. $227.00Est. basis $167.41
Q2 2025
Unchanged
SEC ref. $208.95Est. basis $167.41
Q1 2025
Unchanged
SEC ref. $194.72Est. basis $167.41
Q4 2024
Unchanged
SEC ref. $225.68Est. basis $167.41
Q3 2024
Unchanged
SEC ref. $208.26Est. basis $167.41
Q2 2024
Unchanged
SEC ref. $188.13Est. basis $167.41
Q1 2024
Unchanged
SEC ref. $184.52Est. basis $167.41
Q4 2023
Unchanged
SEC ref. $181.83Est. basis $167.41
Q3 2023
Unchanged
SEC ref. $176.30Est. basis $167.41
Q2 2023
Unchanged
SEC ref. $188.05Est. basis $167.41
Q1 2023
Unchanged
SEC ref. $194.85Est. basis $167.41
Q4 2022
Unchanged
SEC ref. $183.33Est. basis $167.41
Q3 2022
Unchanged
SEC ref. $136.66Est. basis $167.41
Q2 2022
Increased 113.0%+314,259 reported shares
SEC ref. $151.00Est. basis $167.41
Q1 2022
Unchanged
SEC ref. $179.36Est. basis $185.95
Q4 2021
Unchanged
SEC ref. $173.73Est. basis $185.95
Q3 2021
New position278,147 reported shares
SEC ref. $185.95Est. basis $185.95
FEDEX FGHT HLDG CO INC
$180.0M
0.5%
—Est. vs filing basis
New reported position
Reported shares1,192,181
SEC reference price$151.00
Estimated filing-based basis$151.00
Position historySEC quarter-end observations
Q2 2026
New position1,192,181 reported shares
SEC ref. $151.00Est. basis $151.00
COUPANG INCCPNG
$160.6M
0.5%
-60.2%Est. vs filing basis
Unchanged
Reported shares9,248,045
Current price$14.67
SEC reference price$17.37
Estimated filing-based basis$36.86
Position historySEC quarter-end observations
Q2 2026
Unchanged
SEC ref. $17.37Est. basis $36.86
Q1 2026
Unchanged
SEC ref. $18.88Est. basis $36.86
Q4 2025
Unchanged
SEC ref. $23.59Est. basis $36.86
Q3 2025
Unchanged
SEC ref. $32.20Est. basis $36.86
Q2 2025
Unchanged
SEC ref. $29.96Est. basis $36.86
Q1 2025
Unchanged
SEC ref. $21.93Est. basis $36.86
Q4 2024
Unchanged
SEC ref. $21.98Est. basis $36.86
Q3 2024
Unchanged
SEC ref. $24.55Est. basis $36.86
Q2 2024
Unchanged
SEC ref. $20.95Est. basis $36.86
Q1 2024
Unchanged
SEC ref. $17.79Est. basis $36.86
Q4 2023
Unchanged
SEC ref. $16.19Est. basis $36.86
Q3 2023
Unchanged
SEC ref. $17.00Est. basis $36.86
Q2 2023
Unchanged
SEC ref. $17.40Est. basis $36.86
Q1 2023
Unchanged
SEC ref. $16.00Est. basis $36.86
Q4 2022
Unchanged
SEC ref. $14.71Est. basis $36.86
Q3 2022
Increased 61.8%+3,533,760 reported shares
SEC ref. $16.67Est. basis $36.86
Q2 2022
Unchanged
SEC ref. $12.75Est. basis $49.35
Q1 2022
Unchanged
SEC ref. $17.68Est. basis $49.35
Q4 2021
Unchanged
SEC ref. $29.38Est. basis $49.35
Q3 2021
Unchanged
SEC ref. $27.85Est. basis $49.35
WEST PHARMACEUTICAL SVSC INCWST
$159.6M
0.5%
+53.8%Est. vs filing basis
Unchanged
Reported shares444,500
Current price$344.25
SEC reference price$359.00
Estimated filing-based basis$223.88
Position historySEC quarter-end observations
Q2 2026
Unchanged
SEC ref. $359.00Est. basis $223.88
Q1 2026
Unchanged
SEC ref. $250.64Est. basis $223.88
Q4 2025
Unchanged
SEC ref. $275.14Est. basis $223.88
Q3 2025
Unchanged
SEC ref. $262.33Est. basis $223.88
Q2 2025
Unchanged
SEC ref. $218.80Est. basis $223.88
Q1 2025
New position444,500 reported shares
SEC ref. $223.88Est. basis $223.88
ANHEUSER BUSCH INBEV SA NVBUD
$140.3M
0.4%
+36.9%Est. vs filing basis
Unchanged
Reported shares1,703,000
Current price$77.65
SEC reference price$82.40
Estimated filing-based basis$56.72
Position historySEC quarter-end observations
Q2 2026
Unchanged
SEC ref. $82.40Est. basis $56.72
Q1 2026
Unchanged
SEC ref. $69.37Est. basis $56.72
Q4 2025
Unchanged
SEC ref. $64.04Est. basis $56.72
Q3 2025
Unchanged
SEC ref. $59.61Est. basis $56.72
Q2 2025
Unchanged
SEC ref. $68.72Est. basis $56.72
Q1 2025
Unchanged
SEC ref. $61.56Est. basis $56.72
Q4 2024
Unchanged
SEC ref. $50.07Est. basis $56.72
Q3 2024
Unchanged
SEC ref. $66.29Est. basis $56.72
Q2 2024
Unchanged
SEC ref. $58.15Est. basis $56.72
Q1 2024
Unchanged
SEC ref. $60.78Est. basis $56.72
Q4 2023
Unchanged
SEC ref. $64.62Est. basis $56.72
Q3 2023
Unchanged
SEC ref. $55.30Est. basis $56.72
Q2 2023
New position1,703,000 reported shares
SEC ref. $56.72Est. basis $56.72
PACCAR INCPCAR
$120.1M
0.3%
+24.2%Est. vs filing basis
Unchanged
Reported shares1,000,000
Current price$122.57
SEC reference price$120.12
Estimated filing-based basis$98.68
Position historySEC quarter-end observations
Q2 2026
Unchanged
SEC ref. $120.12Est. basis $98.68
Q1 2026
Unchanged
SEC ref. $115.50Est. basis $98.68
Q4 2025
Unchanged
SEC ref. $109.51Est. basis $98.68
Q3 2025
Unchanged
SEC ref. $98.32Est. basis $98.68
Q2 2025
Unchanged
SEC ref. $95.06Est. basis $98.68
Q1 2025
Unchanged
SEC ref. $97.37Est. basis $98.68
Q4 2024
Unchanged
SEC ref. $104.02Est. basis $98.68
Q3 2024
New position1,000,000 reported shares
SEC ref. $98.68Est. basis $98.68
SCHRODINGER INCSDGR
$113.5M
0.3%
-64.8%Est. vs filing basis
Unchanged
Reported shares6,981,664
Current price$18.80
SEC reference price$16.25
Estimated filing-based basis$53.45
Position historySEC quarter-end observations
Q2 2026
Unchanged
SEC ref. $16.25Est. basis $53.45
Q1 2026
Unchanged
SEC ref. $11.36Est. basis $53.45
Q4 2025
Unchanged
SEC ref. $17.88Est. basis $53.45
Q3 2025
Unchanged
SEC ref. $20.06Est. basis $53.45
Q2 2025
Unchanged
SEC ref. $20.12Est. basis $53.45
Q1 2025
Unchanged
SEC ref. $19.74Est. basis $53.45
Q4 2024
Unchanged
SEC ref. $19.29Est. basis $53.45
Q3 2024
Unchanged
SEC ref. $18.55Est. basis $53.45
Q2 2024
Unchanged
SEC ref. $19.34Est. basis $53.45
Q1 2024
Unchanged
SEC ref. $27.00Est. basis $53.45
Q4 2023
Unchanged
SEC ref. $35.80Est. basis $53.45
Q3 2023
Unchanged
SEC ref. $28.27Est. basis $53.45
Q2 2023
Unchanged
SEC ref. $49.92Est. basis $53.45
Q1 2023
Unchanged
SEC ref. $26.33Est. basis $53.45
Q4 2022
Unchanged
SEC ref. $18.69Est. basis $53.45
Q3 2022
Unchanged
SEC ref. $24.98Est. basis $53.45
Q2 2022
Unchanged
SEC ref. $26.41Est. basis $53.45
Q1 2022
Unchanged
SEC ref. $34.12Est. basis $53.45
Q4 2021
Unchanged
SEC ref. $34.83Est. basis $53.45
Q3 2021
Unchanged
SEC ref. $54.68Est. basis $53.45
MCDONALDS CORPMCD
$90.5M
0.3%
-12.7%Est. vs filing basis
Unchanged
Reported shares334,900
Current price$253.05
SEC reference price$270.31
Estimated filing-based basis$289.89
Position historySEC quarter-end observations
Q2 2026
Unchanged
SEC ref. $270.31Est. basis $289.89
Q1 2026
Unchanged
SEC ref. $310.79Est. basis $289.89
Q4 2025
Unchanged
SEC ref. $305.63Est. basis $289.89
Q3 2025
Unchanged
SEC ref. $303.89Est. basis $289.89
Q2 2025
Unchanged
SEC ref. $292.17Est. basis $289.89
Q1 2025
Unchanged
SEC ref. $312.37Est. basis $289.89
Q4 2024
New position334,900 reported shares
SEC ref. $289.89Est. basis $289.89
DANAHER CORP DELDHR
$71.0M
0.2%
-24.4%Est. vs filing basis
Unchanged
Reported shares373,000
Current price$200.53
SEC reference price$190.48
Estimated filing-based basis$265.42
Position historySEC quarter-end observations
Q2 2026
Unchanged
SEC ref. $190.48Est. basis $265.42
Q1 2026
Unchanged
SEC ref. $189.60Est. basis $265.42
Q4 2025
Unchanged
SEC ref. $228.92Est. basis $265.42
Q3 2025
Unchanged
SEC ref. $198.26Est. basis $265.42
Q2 2025
Unchanged
SEC ref. $197.54Est. basis $265.42
Q1 2025
Unchanged
SEC ref. $205.00Est. basis $265.42
Q4 2024
Unchanged
SEC ref. $229.55Est. basis $265.42
Q3 2024
Unchanged
SEC ref. $278.02Est. basis $265.42
Q2 2024
Unchanged
SEC ref. $249.85Est. basis $265.42
Q1 2024
Unchanged
SEC ref. $249.72Est. basis $265.42
Q4 2023
Unchanged
SEC ref. $231.34Est. basis $265.42
Q3 2023
Unchanged
SEC ref. $248.10Est. basis $265.42
Q2 2023
Unchanged
SEC ref. $240.00Est. basis $265.42
Q1 2023
Unchanged
SEC ref. $252.04Est. basis $265.42
Q4 2022
New position373,000 reported shares
SEC ref. $265.42Est. basis $265.42
KRAFT HEINZ COKHC
$58.4M
0.2%
-26.9%Est. vs filing basis
Unchanged
Reported shares2,472,600
Current price$24.39
SEC reference price$23.62
Estimated filing-based basis$33.35
Position historySEC quarter-end observations
Q2 2026
Unchanged
SEC ref. $23.62Est. basis $33.35
Q1 2026
Unchanged
SEC ref. $22.49Est. basis $33.35
Q4 2025
Unchanged
SEC ref. $24.25Est. basis $33.35
Q3 2025
Reduced 5.7%-150,000 reported shares
SEC ref. $26.04Est. basis $33.35
Q2 2025
Unchanged
SEC ref. $25.82Est. basis $33.35
Q1 2025
Unchanged
SEC ref. $30.43Est. basis $33.35
Q4 2024
Unchanged
SEC ref. $30.71Est. basis $33.35
Q3 2024
Unchanged
SEC ref. $35.11Est. basis $33.35
Q2 2024
Unchanged
SEC ref. $32.22Est. basis $33.35
Q1 2024
Unchanged
SEC ref. $36.90Est. basis $33.35
Q4 2023
Unchanged
SEC ref. $36.98Est. basis $33.35
Q3 2023
Unchanged
SEC ref. $33.64Est. basis $33.35
Q2 2023
Unchanged
SEC ref. $35.50Est. basis $33.35
Q1 2023
Unchanged
SEC ref. $38.67Est. basis $33.35
Q4 2022
Unchanged
SEC ref. $40.71Est. basis $33.35
Q3 2022
New position2,622,600 reported shares
SEC ref. $33.35Est. basis $33.35
HORMEL FOODS CORPHRL
$51.8M
0.2%
—Est. vs filing basis
Unchanged
Reported shares2,085,290
SEC reference price$24.82
Estimated filing-based basis$45.55
Position historySEC quarter-end observations
Q2 2026
Unchanged
SEC ref. $24.82Est. basis $45.55
Q1 2026
Unchanged
SEC ref. $22.65Est. basis $45.55
Q4 2025
Unchanged
SEC ref. $23.70Est. basis $45.55
Q3 2025
Reduced 5.0%-110,000 reported shares
SEC ref. $24.74Est. basis $45.55
Q2 2025
Unchanged
SEC ref. $30.25Est. basis $45.55
Q1 2025
Unchanged
SEC ref. $30.94Est. basis $45.55
Q4 2024
Unchanged
SEC ref. $31.37Est. basis $45.55
Q3 2024
Unchanged
SEC ref. $31.70Est. basis $45.55
Q2 2024
Unchanged
SEC ref. $30.49Est. basis $45.55
Q1 2024
Unchanged
SEC ref. $34.89Est. basis $45.55
Q4 2023
Unchanged
SEC ref. $32.11Est. basis $45.55
Q3 2023
Unchanged
SEC ref. $38.03Est. basis $45.55
Q2 2023
Unchanged
SEC ref. $40.22Est. basis $45.55
Q1 2023
Unchanged
SEC ref. $39.88Est. basis $45.55
Q4 2022
New position2,195,290 reported shares
SEC ref. $45.55Est. basis $45.55
ON HLDG AGONON
$17.7M
0.1%
—Est. vs filing basis
Unchanged
Reported shares500,000
SEC reference price$35.42
Estimated filing-based basis$30.13
Position historySEC quarter-end observations
Q2 2026
Unchanged
SEC ref. $35.42Est. basis $30.13
Q1 2026
Unchanged
SEC ref. $34.02Est. basis $30.13
Q4 2025
Unchanged
SEC ref. $46.48Est. basis $30.13
Q3 2025
Unchanged
SEC ref. $42.35Est. basis $30.13
Q2 2025
Unchanged
SEC ref. $52.05Est. basis $30.13
Q1 2025
Unchanged
SEC ref. $43.92Est. basis $30.13
Q4 2024
Unchanged
SEC ref. $54.77Est. basis $30.13
Q3 2024
Unchanged
SEC ref. $50.15Est. basis $30.13
Q2 2024
Unchanged
SEC ref. $38.80Est. basis $30.13
Q1 2024
Unchanged
SEC ref. $35.38Est. basis $30.13
Q4 2023
Unchanged
SEC ref. $26.97Est. basis $30.13
Q3 2023
Unchanged
SEC ref. $27.82Est. basis $30.13
Q2 2023
Unchanged
SEC ref. $33.00Est. basis $30.13
Q1 2023
Unchanged
SEC ref. $31.03Est. basis $30.13
Q4 2022
Unchanged
SEC ref. $17.16Est. basis $30.13
Q3 2022
Unchanged
SEC ref. $16.05Est. basis $30.13
Q2 2022
Unchanged
SEC ref. $17.69Est. basis $30.13
Q1 2022
Unchanged
SEC ref. $25.24Est. basis $30.13
Q4 2021
Unchanged
SEC ref. $37.81Est. basis $30.13
Q3 2021
New position500,000 reported shares
SEC ref. $30.13Est. basis $30.13
VERALTO CORP
$11.0M
0.0%
—Est. vs filing basis
Unchanged
Reported shares124,333
SEC reference price$88.68
Estimated filing-based basis$82.26
Position historySEC quarter-end observations
Q2 2026
Unchanged
SEC ref. $88.68Est. basis $82.26
Q1 2026
Unchanged
SEC ref. $88.42Est. basis $82.26
Q4 2025
Unchanged
SEC ref. $99.78Est. basis $82.26
Q3 2025
Unchanged
SEC ref. $106.61Est. basis $82.26
Q2 2025
Unchanged
SEC ref. $100.95Est. basis $82.26
Q1 2025
Unchanged
SEC ref. $97.45Est. basis $82.26
Q4 2024
Unchanged
SEC ref. $101.85Est. basis $82.26
Q3 2024
Unchanged
SEC ref. $111.86Est. basis $82.26
Q2 2024
Unchanged
SEC ref. $95.47Est. basis $82.26
Q1 2024
Unchanged
SEC ref. $88.66Est. basis $82.26
Q4 2023
New position124,333 reported shares
SEC ref. $82.26Est. basis $82.26

Performance

Estimated 1Y performanceFiling-based estimate

+16.85%

Coverage 100% High coverage

Quarterly performanceBackend-published quarter legs within the 1Y estimate
2025-09-30+1.29%
2025-12-31+1.88%
2026-03-31+1.64%
2026-06-30+11.41%

Displayed legs are backend-ready filing-based estimates. They explain the path of the published 1Y result and are not summed or compounded in the browser.

MethodologyMIL_SEC_PERFORMANCE_V2_EXIT_AWARE_M2M
What this measures

Estimated return from standardized SEC-reported portfolio observations using the approved filing-based methodology. It is not an actual transaction-level or realized investor return.

Portfolio history

Q2 2026
$34.42B
24 positions
Q1 2026
$31.67B
22 positions
Q4 2025
$35.36B
23 positions
Q3 2025
$36.58B
23 positions
Q2 2025
$47.78B
25 positions

Methodology

1. Start with SEC filings

Official Form 13F filings and the canonical MarketInsiderLab filing record are authoritative. Unsupported or unverified data is withheld.

2. Use the verified filing denominator

Portfolio weights use the verified full filing total. Security identity and corporate-action continuity are reconciled before publication.

3. Compare verified quarter-end snapshots

Changes describe differences between verified SEC-reported quarter-end positions. They are not presented as exact buys, sells, trade dates, or execution prices.

4. Keep estimates clearly separated

Estimated filing-based basis and filing-based performance are backend-calculated research estimates, not actual execution prices or audited fund returns.

1-year performance is published only when four consecutive quarterly estimates pass QA and the weakest quarterly leg has at least 70% measurable coverage. Coverage of 90% or more is labeled High coverage; 70–89.9% is labeled Partial estimate. Lower-coverage estimates are withheld.

Bill Gates Portfolio FAQ

How to interpret The Gates Foundation Trust’s delayed SEC disclosures.

What does this page track?
It tracks the Gates Foundation Trust’s publicly disclosed Form 13F positions, not Bill Gates’s personal portfolio.
Are reported puts and calls ordinary stock holdings?
No. They are option positions reported on Form 13F. Their reported values are shown and labeled separately and should not be read as the amount of cash invested.
Why is the latest confirmed snapshot Q2 2026?
The tracker displays the newest Form 13F currently present in the Gates Foundation Trust’s SEC submissions. The page year identifies the current tracker, while the confirmed snapshot states the actual report period and filing date.
Does Form 13F show exact trade dates?
No. It shows reportable positions at quarter-end and is filed later. Changes are inferred by comparing consecutive reports.
MarketInsiderLab tracks what public filings actually show.

Research and context — not a recommendation to copy any investor’s trades.

Explore investor portfolios →

Bill Gates Portfolio FAQ

How to interpret The Gates Foundation Trust’s delayed SEC disclosures.

What does this page track?
It tracks the Gates Foundation Trust’s publicly disclosed Form 13F positions, not Bill Gates’s personal portfolio.
Are reported puts and calls ordinary stock holdings?
No. They are option positions reported on Form 13F. Their reported values are shown and labeled separately and should not be read as the amount of cash invested.
Why is the latest confirmed snapshot Q2 2026?
The tracker displays the newest Form 13F currently present in the Gates Foundation Trust’s SEC submissions. The page year identifies the current tracker, while the confirmed snapshot states the actual report period and filing date.
Does Form 13F show exact trade dates?
No. It shows reportable positions at quarter-end and is filed later. Changes are inferred by comparing consecutive reports.
MarketInsiderLab tracks what public filings actually show.Research and context — not a recommendation to copy any investor’s trades.
Explore investor portfolios →