Gates Foundation Trust Bill Gates
Holdings as of the end of Q3 2025, reported in its 13F filing on Nov 14, 2025; changes vs Q2 2025. Source
Reported value
$36.6B
at quarter-end prices
Positions
23
top 10 are 96% of it
Bought · Q3 2025
0
0 new, 0 added 20%+
Sold · Q3 2025
3
2 sold out, 1 cut 20%+
Holdings 23
| # | Stock | Company | Shares | Value | Of portfolio | Shares vs Q2 2025 |
|---|---|---|---|---|---|---|
| 1 | BRK-B | BERKSHIRE HATHAWAY INC DEL | 21,765,224 | $10.9B | 29.9% | -10% |
| 2 | WM | WASTE MGMT INC DEL | 28,934,344 | $6.4B | 17.5% | -10% |
| 3 | CNI | CANADIAN NATL RY CO | 51,826,786 | $4.9B | 13.4% | -5% |
| 4 | MSFT | MICROSOFT CORP | 9,191,207 | $4.8B | 13.0% | -65% |
| 5 | CAT | CATERPILLAR INC | 6,353,614 | $3B | 8.3% | -14% |
| 6 | DE | DEERE & CO | 3,557,378 | $1.6B | 4.4% | — |
| 7 | ECL | ECOLAB INC | 5,218,044 | $1.4B | 3.9% | — |
| 8 | WMT | WALMART INC | 8,390,477 | $864.7M | 2.4% | -8% |
| 9 | FDX | FEDEX CORP | 2,384,362 | $562.3M | 1.5% | -6% |
| 10 | KOF | COCA-COLA FEMSA SAB DE CV | 6,214,719 | $516.4M | 1.4% | — |
| 11 | WCN | WASTE CONNECTIONS INC | 2,039,175 | $358.5M | 0.98% | -5% |
| 12 | CPNG | COUPANG INC | 9,248,045 | $297.8M | 0.81% | — |
| 13 | SDGR | SCHRODINGER INC | 6,981,664 | $140.1M | 0.38% | — |
| 14 | MSGS | MADISON SQUARE GRDN SPRT COR | 592,406 | $134.5M | 0.37% | — |
| 15 | WST | WEST PHARMACEUTICAL SVSC INC | 444,500 | $116.6M | 0.32% | — |
| 16 | MCD | MCDONALDS CORP | 334,900 | $101.8M | 0.28% | — |
| 17 | BUD | ANHEUSER BUSCH INBEV SA/NV | 1,703,000 | $101.5M | 0.28% | — |
| 18 | PCAR | PACCAR INC | 1,000,000 | $98.3M | 0.27% | — |
| 19 | DHR | DANAHER CORPORATION | 373,000 | $74M | 0.20% | — |
| 20 | KHC | KRAFT HEINZ CO | 2,472,600 | $64.4M | 0.18% | -6% |
| 21 | HRL | HORMEL FOODS CORP | 2,085,290 | $51.6M | 0.14% | -5% |
| 22 | — | ON HLDG AG | 500,000 | $21.2M | 0.06% | — |
| 23 | VLTO | VERALTO CORP | 124,333 | $13.3M | 0.04% | — |
Sold out in Q3 2025 2
13F filings list US-listed long positions (stocks and ADRs) at the quarter's end: no shorts, cash, bonds or foreign shares; options and principal amounts are left out here. Trades made after the quarter ended don't show until the next filing. Changes compare share counts with the quarter before (splits can show as adds). Not investment advice.