GATES FOUNDATION TRUST Long-Term Concentrated

Location: Kirkland, WA

CIK: 0001166559 · Show all filings

Period: Q2 2025 (← Previous) (Next →)

Filing Date: Aug 14, 2025

Total Value: $47.78B (100.0% shares, 0.0% debt)

Holdings (25)

MSFT MICROSOFT CORP 27.3%

Value $13.03B Shares 26,191,207 Est. Cost $257.45 Unrealized +67.9%

BRK/B BERKSHIRE HATHAWAY INC DEL 24.5%

Value $11.72B Shares 24,123,684 Est. Cost $346.34 Unrealized +46.6%

WM WASTE MGMT INC DEL 15.4%

Value $7.376B Shares 32,234,344 Est. Cost $90.00 Unrealized +155.1%

CNI CANADIAN NATL RY CO 11.9%

Value $5.704B Shares 54,826,786 Est. Cost $98.32 Unrealized +2.3%

CAT CATERPILLAR INC 6.0%

Value $2.855B Shares 7,353,614 Est. Cost $61.60 Unrealized +437.0%

DE DEERE & CO 3.8%

Value $1.809B Shares 3,557,378 Est. Cost $329.47 Unrealized +47.1%

ECL ECOLAB INC 2.9%

Value $1.406B Shares 5,218,044 Est. Cost $86.00 Unrealized +193.4%

WMT WALMART INC 1.9%

Value $889M Shares 9,090,477 Est. Cost $44.03 Unrealized +115.2%

KOF COCA-COLA FEMSA SAB DE CV 1.3%

Value $601M Shares 6,214,719 Est. Cost $140.29 Unrealized —

FDX FEDEX CORP 1.2%

Value $576M Shares 2,534,362 Est. Cost $205.49 Unrealized +4.7%

WCN WASTE CONNECTIONS INC 0.8%

Value $401M Shares 2,149,175 Est. Cost $133.39 Unrealized +44.1%

CPNG COUPANG INC 0.6%

Value $277M Shares 9,248,045 Est. Cost $35.17 Unrealized -27.1%

CCI CROWN CASTLE INC 0.3%

Value $146M Shares 1,420,072 Est. Cost $50.35 Unrealized +94.7%

SDGR SCHRODINGER INC 0.3%

Value $140M Shares 6,981,664 Est. Cost $44.95 Unrealized -49.2%

MSGS MADISON SQUARE GRDN SPRT COR 0.3%

Value $124M Shares 592,406 Est. Cost $166.43 Unrealized +15.7%

BUD ANHEUSER BUSCH INBEV SA/NV 0.2%

Value $117M Shares 1,703,000 Est. Cost $56.72 Unrealized —

MCD MCDONALDS CORP 0.2%

Value $97.85M Shares 334,900 Est. Cost $290.22 Unrealized +4.6%

WST WEST PHARMACEUTICAL SVSC INC 0.2%

Value $97.26M Shares 444,500 Est. Cost $274.80 Unrealized -22.4%

PCAR PACCAR INC 0.2%

Value $95.06M Shares 1,000,000 Est. Cost $92.23 Unrealized -1.9%

UPS UNITED PARCEL SERVICE INC 0.2%

Value $76.22M Shares 755,089 Est. Cost $72.47 Unrealized +29.8%

DHR DANAHER CORPORATION 0.2%

Value $73.68M Shares 373,000 Est. Cost $228.13 Unrealized -15.4%

KHC KRAFT HEINZ CO 0.1%

Value $67.72M Shares 2,622,600 Est. Cost $31.47 Unrealized -15.3%

HRL HORMEL FOODS CORP 0.1%

Value $66.41M Shares 2,195,290 Est. Cost $41.90 Unrealized -29.7%

ONON ON HLDG AG 0.1%

Value $26.02M Shares 500,000 Est. Cost $35.13 Unrealized +45.0%

VLTO VERALTO CORP 0.0%

Value $12.55M Shares 124,333 Est. Cost $73.75 Unrealized +30.4%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	MICROSOFT CORP	26,191,207	$13.03B	27.3%	$257.45	+67.9%	COM	594918104
BRK/B	BERKSHIRE HATHAWAY INC DEL	24,123,684	$11.72B	24.5%	$346.34	+46.6%	CL B NEW	084670702
WM	WASTE MGMT INC DEL	32,234,344	$7.376B	15.4%	$90.00	+155.1%	COM	94106L109
CNI	CANADIAN NATL RY CO	54,826,786	$5.704B	11.9%	$98.32	+2.3%	COM	136375102
CAT	CATERPILLAR INC	7,353,614	$2.855B	6.0%	$61.60	+437.0%	COM	149123101
DE	DEERE & CO	3,557,378	$1.809B	3.8%	$329.47	+47.1%	COM	244199105
ECL	ECOLAB INC	5,218,044	$1.406B	2.9%	$86.00	+193.4%	COM	278865100
WMT	WALMART INC	9,090,477	$889M	1.9%	$44.03	+115.2%	COM	931142103
KOF	COCA-COLA FEMSA SAB DE CV	6,214,719	$601M	1.3%	$140.29	—	SPONS ADS REP	191241108
FDX	FEDEX CORP	2,534,362	$576M	1.2%	$205.49	+4.7%	COM	31428X106
WCN	WASTE CONNECTIONS INC	2,149,175	$401M	0.8%	$133.39	+44.1%	COM	94106B101
CPNG	COUPANG INC	9,248,045	$277M	0.6%	$35.17	-27.1%	CL A	22266T109
CCI	CROWN CASTLE INC	1,420,072	$146M	0.3%	$50.35	+94.7%	COM	22822V101
SDGR	SCHRODINGER INC	6,981,664	$140M	0.3%	$44.95	-49.2%	COM	80810D103
MSGS	MADISON SQUARE GRDN SPRT COR	592,406	$124M	0.3%	$166.43	+15.7%	CL A	55825T103
BUD	ANHEUSER BUSCH INBEV SA/NV	1,703,000	$117M	0.2%	$56.72	—	SPONSORED ADR	03524A108
MCD	MCDONALDS CORP	334,900	$97.85M	0.2%	$290.22	+4.6%	COM	580135101
WST	WEST PHARMACEUTICAL SVSC INC	444,500	$97.26M	0.2%	$274.80	-22.4%	COM	955306105
PCAR	PACCAR INC	1,000,000	$95.06M	0.2%	$92.23	-1.9%	COM	693718108
UPS	UNITED PARCEL SERVICE INC	755,089	$76.22M	0.2%	$72.47	+29.8%	CL B	911312106
DHR	DANAHER CORPORATION	373,000	$73.68M	0.2%	$228.13	-15.4%	COM	235851102
KHC	KRAFT HEINZ CO	2,622,600	$67.72M	0.1%	$31.47	-15.3%	COM	500754106
HRL	HORMEL FOODS CORP	2,195,290	$66.41M	0.1%	$41.90	-29.7%	COM	440452100
ONON	ON HLDG AG	500,000	$26.02M	0.1%	$35.13	+45.0%	NAMEN AKT A	H5919C104
VLTO	VERALTO CORP	124,333	$12.55M	0.0%	$73.75	+30.4%	COM SHS	92338C103