Smart Money Radar / Whales / Bill and Melinda Gates Foundation
B

Bill and Melinda Gates Foundation

Gates Foundation Trust · Holdings as of Sep 30, 2023, filed by Nov 15, 2023 · US long stock positions only

The foundation's book. Berkshire plus a handful of long holds.

Reported value
$39B
60 positions shown
Copycat since 2016
3.37x
13% per year
vs SPY
behind
SPY 3.57x same window
Top position
MSFT
32% of book

Copying these filings vs SPY

$1 at every deadline since 2016
SPY 3.57x Bill and Melinda Gates Foundation 3.37x
Price returns, dividends excluded on both lines. A copycat of public filings traded at each deadline, not the fund's actual performance.
Mar 2026 Dec 2025 Sep 2025 Jun 2025 Mar 2025 Dec 2024 Sep 2024 Jun 2024 Mar 2024 Dec 2023 Sep 2023 Jun 2023

The book

tile = share of the filed book · tap a tile for the ticker · Sep 2023
MSFT 32% BRK.B 20% CNI 15% WM 14% CAT 5% DE 4% ECL 2%
+59 more 2%
SymbolValue% of bookvs prior quarter
MSFT $12.4B 32% unchanged
BRK.B $7.9B 20% trimmed
CNI $5.9B 15% unchanged
WM $5.4B 14% unchanged
CAT $2.0B 5% unchanged
DE $1.5B 4% unchanged
ECL $884M 2% unchanged
KOF $487M 1% unchanged
WMT $485M 1% unchanged
FDX $406M 1% unchanged
WCN $289M 1% unchanged
SDGR $197M 1% unchanged
CPNG $157M 0% unchanged
CCI $131M 0% unchanged
UPS $118M 0% unchanged
MSGS $104M 0% unchanged
BUD $94M 0% unchanged
DHR $93M 0% unchanged
KHC $88M 0% unchanged
HRL $83M 0% unchanged
CVNA $22M 0% unchanged
unlisted $14M 0% unchanged
AAPL $9M 0% new
META $8M 0% new
IYW $6M 0% new
AMZN $6M 0% new
ETN $6M 0% new
AVGO $5M 0% new
BKNG $5M 0% new
GOOGL $5M 0% new
JPM $4M 0% new
ORCL $4M 0% new
AMP $4M 0% new
NVDA $4M 0% new
XLK $4M 0% new
PHM $4M 0% new
TJX $4M 0% new
ELV $4M 0% new
CVX $4M 0% new
unlisted $4M 0% new
PG $3M 0% new
CSCO $3M 0% new
TT $3M 0% new
V $3M 0% new
AMAT $3M 0% new
AMGN $3M 0% new
TMO $3M 0% new
UNH $3M 0% new
unlisted $3M 0% unchanged
ADBE $3M 0% new
SLB $3M 0% new
TTE $3M 0% new
LMT $2M 0% new
JNJ $2M 0% new
NSC $2M 0% new
GS $2M 0% new
MS $2M 0% new
CVS $2M 0% new
PFE $2M 0% new
PNC $2M 0% new
Positions built under SEC confidential treatment appear only after the SEC releases them. Cash, foreign listings and shorts never appear in these filings.