GATES FOUNDATION TRUST

KIRKLAND, WA · CIK 1166559 · 13F filing filed 2026-08-14

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Legal entityGATES FOUNDATION TRUST (US)

$34.4bn reported value +8.7% vs Q1 2026

24positions

94.9%in top 10

2 new 0 added 2 reduced 0 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	14,689,844	$7.4bn21.35%	21.35%	Reduced -2.4m	-2,358,460 -13.8%
2	CATERPILLAR INC COM CAT	CAT	6,353,614	$6.8bn19.65%	19.65%	Unchanged
3	CANADIAN NATL RY CO COM CNI	CNI	51,826,786	$6.2bn17.95%	17.95%	Unchanged
4	WASTE MGMT INC DEL COM WM	WM	26,720,744	$6.0bn17.30%	17.30%	Reduced -921.6k	-921,600 -3.3%
5	DEERE & CO COM DE	DE	3,557,378	$2.3bn6.56%	6.56%	Unchanged
6	ECOLAB INC COM ECL	ECL	5,218,044	$1.5bn4.22%	4.22%	Unchanged
7	WALMART INC COM WMT	WMT	8,390,477	$950.3m2.76%	2.76%	Unchanged
8	FEDEX CORP COM FDX	FDX	2,384,362	$746.6m2.17%	2.17%	Unchanged
9	COCA-COLA FEMSA SAB DE CV SPONS ADS REP KOF	KOF	6,214,719	$660.3m1.92%	1.92%	Unchanged
10	HOME DEPOT INC COM HD	HD	1,000,000	$352.7m1.02%	1.02%	New
11	WASTE CONNECTIONS INC COM WCN	WCN	2,039,175	$339.9m0.99%	0.99%	Unchanged
12	MADISON SQUARE GRDN SPRT COR CL A MSGS	MSGS	592,406	$238.1m0.69%	0.69%	Unchanged
13	FEDEX FGHT HLDG CO INC COMMON STOCK FDXF	FDXF	1,192,181	$180.0m0.52%	0.52%	New
14	COUPANG INC CL A CPNG	CPNG	9,248,045	$160.6m0.47%	0.47%	Unchanged
15	WEST PHARMACEUTICAL SVSC INC COM WST	WST	444,500	$159.6m0.46%	0.46%	Unchanged
16	ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR BUD	BUD	1,703,000	$140.3m0.41%	0.41%	Unchanged
17	PACCAR INC COM PCAR	PCAR	1,000,000	$120.1m0.35%	0.35%	Unchanged
18	SCHRODINGER INC COM SDGR	SDGR	6,981,664	$113.5m0.33%	0.33%	Unchanged
19	MCDONALDS CORP COM MCD	MCD	334,900	$90.5m0.26%	0.26%	Unchanged
20	DANAHER CORPORATION COM DHR	DHR	373,000	$71.0m0.21%	0.21%	Unchanged
21	KRAFT HEINZ CO COM KHC	KHC	2,472,600	$58.4m0.17%	0.17%	Unchanged
22	HORMEL FOODS CORP COM HRL	HRL	2,085,290	$51.8m0.15%	0.15%	Unchanged
23	ON HLDG AG NAMEN AKT A ONON	ONON	500,000	$17.7m0.05%	0.05%	Unchanged
24	VERALTO CORP COM SHS VLTO	VLTO	124,333	$11.0m0.03%	0.03%	Unchanged

Stakes above 5%

Companies where this manager has reported owning more than 5% of a class of shares, on Schedule 13D (may seek influence) or 13G (passive): its latest filing for each, from 19 Dec 2024 on.

Company	Ticker	Stake	Change	Schedule	Last filed
TEMPLETON EMERGING MKTS FD EMF · 13G · filed 2025-02-14	EMF	7.7%≈ $27.2m		13G	2025-02-14
WASTE MGMT INC DEL WM · 13G · filed 2025-11-14	WM	7.2%≈ $6.4bn		13G	2025-11-14
MORGAN STANLEY INDIA INVT FD IIF · 13G · filed 2026-04-20	IIF	5.0%≈ $10.8m	new	13G	2026-04-20