Gates Foundation Trust

06/30 holdings · reported 08/14

Portfolio value

$34.4B

Stocks

24

Quarters on file

3

Stock	Shares	Value	Weight	Since the quarter before
Berkshire Hathaway BRK-B	14,689,844 sh	$7.4B21.4%	21.4%	Trimmed −13.8%
Caterpillar CAT	6,353,614 sh	$6.8B19.7%	19.7%	No change
Canadian National Railway CNI	51,826,786 sh	$6.2B18.0%	18.0%	No change
Waste Management WM	26,720,744 sh	$6B17.3%	17.3%	Trimmed −3.3%
Deere DE	3,557,378 sh	$2.3B6.6%	6.6%	No change
Ecolab ECL	5,218,044 sh	$1.5B4.2%	4.2%	No change
Walmart WMT	8,390,477 sh	$950.3M2.8%	2.8%	No change
Fedex FDX	2,384,362 sh	$746.6M2.2%	2.2%	No change
Coca Cola Femsa Sab de CV KOF	6,214,719 sh	$660.3M1.9%	1.9%	No change
Home Depot HD	1,000,000 sh	$352.7M1.0%	1.0%	New position
Waste Connections WCN	2,039,175 sh	$339.9M1.0%	1.0%	No change
Madison Square Garden Sports MSGS	592,406 sh	$238.1M0.7%	0.7%	No change
FedEx Freight Holding Company FDXF	1,192,181 sh	$180M0.5%	0.5%	New position
Coupang CPNG	9,248,045 sh	$160.6M0.5%	0.5%	No change
West Pharmaceutical Services WST	444,500 sh	$159.6M0.5%	0.5%	No change
Anheuser-Busch InBev BUD	1,703,000 sh	$140.3M0.4%	0.4%	No change
Paccar PCAR	1,000,000 sh	$120.1M0.3%	0.3%	No change
Schrodinger SDGR	6,981,664 sh	$113.5M0.3%	0.3%	No change
McDonalds MCD	334,900 sh	$90.5M0.3%	0.3%	No change
Danaher DHR	373,000 sh	$71M0.2%	0.2%	No change

• 
  Gates Foundation Trust

  BuyHome Depot

  Buy
  

  Home Depot

  HD

  est. $352.7M

  1,000,000 sh

  est. $352.7M

  Reported 08/14

  06/30 holdings

• 
  Gates Foundation Trust

  Full saleMicrosoft

  Full sale
  

  Microsoft

  MSFT

  est. $3.7B

  7,691,207 sh

  est. $3.7B

  Reported 05/15

  03/31 holdings