FoundationKirkland13F filer since 2002

Gates Foundation Trust

Founded by Bill Gates

13F portfolio value$34.4BQ2 2026 · up 9% vs Q1

Positions242 new · 0 sold out

Top 10 weight95%of portfolio value

Turnover3%vs Q1

Largest holdingBRK.B21.4% of portfolio

Last filingAug 14for Q2 2026

What changed in Q2 2026

Automated summary of the 13F · filed Aug 14, 2026

New positions in HD and FDXF.

Biggest cut: BRK.B (−14% of shares).

Since the quarter ended, the top 10 holdings on Markets are down about 3.8% on average, led by CAT and HD.

Holdings · Q2 2026

1BRK.BBerkshire Hathaway21.4%$7.35B14.7MTrimmed −14%+17.5%—

2CATCaterpillar Inc.19.7%$6.77B6.4MNo change−43.5%—

3CNICanadian Natl RY18.0%$6.18B51.8MNo change——

4WMWaste Mgmt17.3%$5.96B26.7MTrimmed −3%——

5DEDeere6.6%$2.26B3.6MNo change——

6ECLEcolab4.2%$1.45B5.2MNo change——

7WMTWalmart Inc.2.8%$950M8.4MNo change+11.0%—

8FDXFedex2.2%$747M2.4MNo change——

9KOFCoca-cola Femsa SAB DE CV1.9%$660M6.2MNo change——

10HDHome Depot1.0%$353M1.0MNew−0.4%—

Sector allocation

Financials21%−4.4 ptIndustrials20%+5.4 ptConsumer staples3%−0.5 ptConsumer discretionary1%+1.0 ptOther55%−1.4 pt

Change shown in percentage points vs Q1. Holdings outside Markets’ coverage count as Other.

Reported portfolio value

$45.1B

$42.0B

$41.8B

$47.8B

$36.6B

$35.4B

$31.7B

$34.4B

Q3 24Q4 24Q1 25Q2 25Q3 25Q4 25Q1 26Q2 26

13F market value at each quarter end, US long positions only.

Not investment advice. From SEC Form 13F filings (SEC EDGAR 13F). Following an investor alerts you when their next filing lands; it does not copy trades.