GATES FOUNDATION TRUST Long-Term Concentrated

CIK: 0001166559 · Show all filings

Period: Q3 2025 (← Previous) (Next →)

Filing Date: Nov 14, 2025

Total Value ($000): $36,583,755 (100.0% shares, 0.0% debt)

Holdings (23)

BRK/B BERKSHIRE HATHAWAY INC DEL 29.9%

Value ($000) $10,942,249 Shares 21,765,224 Est. Cost $346.34 Unrealized +39.9%

WM WASTE MGMT INC DEL 17.5%

Value ($000) $6,389,571 Shares 28,934,344 Est. Cost $90.00 Unrealized +148.5%

CNI CANADIAN NATL RY CO 13.4%

Value ($000) $4,887,266 Shares 51,826,786 Est. Cost $98.32 Unrealized -2.3%

MSFT MICROSOFT CORP 13.0%

Value ($000) $4,760,586 Shares 9,191,207 Est. Cost $257.45 Unrealized +97.6%

CAT CATERPILLAR INC 8.3%

Value ($000) $3,031,627 Shares 6,353,614 Est. Cost $61.60 Unrealized +590.5%

DE DEERE & CO 4.4%

Value ($000) $1,626,647 Shares 3,557,378 Est. Cost $329.47 Unrealized +48.6%

ECL ECOLAB INC 3.9%

Value ($000) $1,429,014 Shares 5,218,044 Est. Cost $86.00 Unrealized +214.3%

WMT WALMART INC 2.4%

Value ($000) $864,723 Shares 8,390,477 Est. Cost $44.03 Unrealized +125.4%

FDX FEDEX CORP 1.5%

Value ($000) $562,256 Shares 2,384,362 Est. Cost $205.49 Unrealized +11.1%

KOF COCA-COLA FEMSA SAB DE CV 1.4%

Value ($000) $516,443 Shares 6,214,719 Est. Cost $140.29 Unrealized —

WCN WASTE CONNECTIONS INC 1.0%

Value ($000) $358,487 Shares 2,039,175 Est. Cost $133.39 Unrealized +36.3%

CPNG COUPANG INC 0.8%

Value ($000) $297,787 Shares 9,248,045 Est. Cost $35.17 Unrealized -14.0%

SDGR SCHRODINGER INC 0.4%

Value ($000) $140,052 Shares 6,981,664 Est. Cost $44.95 Unrealized -55.3%

MSGS MADISON SQUARE GRDN SPRT COR 0.4%

Value ($000) $134,476 Shares 592,406 Est. Cost $166.43 Unrealized +23.2%

WST WEST PHARMACEUTICAL SVSC INC 0.3%

Value ($000) $116,606 Shares 444,500 Est. Cost $274.80 Unrealized -11.6%

MCD MCDONALDS CORP 0.3%

Value ($000) $101,773 Shares 334,900 Est. Cost $290.22 Unrealized +3.9%

BUD ANHEUSER BUSCH INBEV SA/NV 0.3%

Value ($000) $101,516 Shares 1,703,000 Est. Cost $56.72 Unrealized —

PCAR PACCAR INC 0.3%

Value ($000) $98,320 Shares 1,000,000 Est. Cost $92.23 Unrealized +5.1%

DHR DANAHER CORPORATION 0.2%

Value ($000) $73,951 Shares 373,000 Est. Cost $228.13 Unrealized -13.0%

KHC KRAFT HEINZ CO 0.2%

Value ($000) $64,387 Shares 2,472,600 Est. Cost $31.47 Unrealized -15.8%

HRL HORMEL FOODS CORP 0.1%

Value ($000) $51,590 Shares 2,085,290 Est. Cost $41.90 Unrealized -34.8%

ONON ON HLDG AG 0.1%

Value ($000) $21,175 Shares 500,000 Est. Cost $35.13 Unrealized +35.5%

VLTO VERALTO CORP 0.0%

Value ($000) $13,255 Shares 124,333 Est. Cost $73.75 Unrealized +42.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BRK/B	BERKSHIRE HATHAWAY INC DEL	21,765,224	$10,942,249	29.9%	$346.34	+39.9%	CL B NEW	084670702
WM	WASTE MGMT INC DEL	28,934,344	$6,389,571	17.5%	$90.00	+148.5%	COM	94106L109
CNI	CANADIAN NATL RY CO	51,826,786	$4,887,266	13.4%	$98.32	-2.3%	COM	136375102
MSFT	MICROSOFT CORP	9,191,207	$4,760,586	13.0%	$257.45	+97.6%	COM	594918104
CAT	CATERPILLAR INC	6,353,614	$3,031,627	8.3%	$61.60	+590.5%	COM	149123101
DE	DEERE & CO	3,557,378	$1,626,647	4.4%	$329.47	+48.6%	COM	244199105
ECL	ECOLAB INC	5,218,044	$1,429,014	3.9%	$86.00	+214.3%	COM	278865100
WMT	WALMART INC	8,390,477	$864,723	2.4%	$44.03	+125.4%	COM	931142103
FDX	FEDEX CORP	2,384,362	$562,256	1.5%	$205.49	+11.1%	COM	31428X106
KOF	COCA-COLA FEMSA SAB DE CV	6,214,719	$516,443	1.4%	$140.29	—	SPONS ADS REP	191241108
WCN	WASTE CONNECTIONS INC	2,039,175	$358,487	1.0%	$133.39	+36.3%	COM	94106B101
CPNG	COUPANG INC	9,248,045	$297,787	0.8%	$35.17	-14.0%	CL A	22266T109
SDGR	SCHRODINGER INC	6,981,664	$140,052	0.4%	$44.95	-55.3%	COM	80810D103
MSGS	MADISON SQUARE GRDN SPRT COR	592,406	$134,476	0.4%	$166.43	+23.2%	CL A	55825T103
WST	WEST PHARMACEUTICAL SVSC INC	444,500	$116,606	0.3%	$274.80	-11.6%	COM	955306105
MCD	MCDONALDS CORP	334,900	$101,773	0.3%	$290.22	+3.9%	COM	580135101
BUD	ANHEUSER BUSCH INBEV SA/NV	1,703,000	$101,516	0.3%	$56.72	—	SPONSORED ADR	03524A108
PCAR	PACCAR INC	1,000,000	$98,320	0.3%	$92.23	+5.1%	COM	693718108
DHR	DANAHER CORPORATION	373,000	$73,951	0.2%	$228.13	-13.0%	COM	235851102
KHC	KRAFT HEINZ CO	2,472,600	$64,387	0.2%	$31.47	-15.8%	COM	500754106
HRL	HORMEL FOODS CORP	2,085,290	$51,590	0.1%	$41.90	-34.8%	COM	440452100
ONON	ON HLDG AG	500,000	$21,175	0.1%	$35.13	+35.5%	NAMEN AKT A	H5919C104
VLTO	VERALTO CORP	124,333	$13,255	0.0%	$73.75	+42.7%	COM SHS	92338C103