Smart Money
BG

Bill Gates

Gates Foundation Trust·quality·Concentrated / activist
Closed

~9% since 1995

Portfolio value

$34.4B

Positions

24

Top 5 concentration

83%

New buys this quarter

2

Recent moves vs Mar 2026

$HDNew buy1%
$FDXFNew buy0.5%
$BRK-BTrimmed21.4%

Holdings

StockMove% of portfolioValue
$BRK-B

BERKSHIRE HATHAWAY INC DEL

Trimmed
21.4%
$7.4B
$CAT

CATERPILLAR INC

Held
19.7%
$6.8B
$CNI

CANADIAN NATL RY CO

Held
18%
$6.2B
$WM

WASTE MGMT INC DEL

Held
17.3%
$6.0B
$DE

DEERE & CO

Held
6.6%
$2.3B
$ECL

ECOLAB INC

Held
4.2%
$1.5B
$WMT

WALMART INC

Held
2.8%
$950M
$FDX

FEDEX CORP

Held
2.2%
$747M
$KOF

COCA-COLA FEMSA SAB DE CV

Held
1.9%
$660M
$HD

HOME DEPOT INC

New buy
1%
$353M
$WCN

WASTE CONNECTIONS INC

Held
1%
$340M
$MSGS

MADISON SQUARE GRDN SPRT COR

Held
0.7%
$238M
$FDXF

FEDEX FGHT HLDG CO INC

New buy
0.5%
$180M
$CPNG

COUPANG INC

Held
0.5%
$161M
$WST

WEST PHARMACEUTICAL SVSC INC

Held
0.5%
$160M
$BUD

ANHEUSER BUSCH INBEV SA NV

Held
0.4%
$140M
$PCAR

PACCAR INC

Held
0.3%
$120M
$SDGR

SCHRODINGER INC

Held
0.3%
$113M
$MCD

MCDONALDS CORP

Held
0.3%
$91M
$DHR

DANAHER CORP DEL

Held
0.2%
$71M
$KHC

KRAFT HEINZ CO

Held
0.2%
$58M
$HRL

HORMEL FOODS CORP

Held
0.2%
$52M
$ONON

ON HLDG AG

Held
0.1%
$18M
$VLTO

VERALTO CORP

Held
0%
$11M

Source: SEC 13F via FMP · Jun 2026 report · 45-day filing delay. Long equity positions only. Not financial advice.