Form 13-F position report

DEERE & CO

Reported by BILL & MELINDA GATES FOUNDATION TRUST

DE CUSIP 244199105 Manager CIK 0001166559

Reported 3,557,378 shares, unchanged from the prior quarter.

Reported value -10.1%; share count 0.0% vs. the prior quarter.

Unchanged
% of reported 13F value 4.45% This manager · Q3 2025
Shares 3,557,378 Quarter-end amount reported
Reported value $1,626,646,664 Fair value at quarter end
Consecutive quarters held 17 Through Q3 2025

Reported position value by quarter

Reported position value by quarter

Each bar is a Form 13-F quarter-end snapshot. It does not show trades made within the quarter.

Reported position value by quarter
Date Holding Value
2021-09-30 346328000
2021-12-31 354410000
2022-03-31 373771000
2022-06-30 269420000
2022-09-30 1308079000
2022-12-31 1679750051
2023-03-31 1617537086
2023-06-30 1587410027
2023-09-30 1478458984
2023-12-31 1422488741
2024-03-31 1461157440
2024-06-30 1329143142
2024-09-30 1484600561
2024-12-31 1507261059
2025-03-31 1669655364
2025-06-30 1808891139
2025-09-30 1626646664
2025-12-31 1656208475
2026-03-31 2003871027
2026-06-30 2256551587

Quarterly position history

How this manager's reported quarter-end position changed over time.

20 quarters
Quarterly reported position history for DEERE & CO held by BILL & MELINDA GATES FOUNDATION TRUST.
Quarter Activity Shares Change % of reported 13F Reported value Filed Source filing
Q2 2026 Unchanged 3,557,378 0 (0.0%) 6.56% $2,256,551,587 2026-08-14
Q1 2026 Unchanged 3,557,378 0 (0.0%) 6.33% $2,003,871,027 2026-05-15
Q4 2025 Unchanged 3,557,378 0 (0.0%) 4.68% $1,656,208,475 2026-02-17
Q3 2025 Unchanged 3,557,378 0 (0.0%) 4.45% $1,626,646,664 2025-11-14
Q2 2025 Unchanged 3,557,378 0 (0.0%) 3.79% $1,808,891,139 2025-08-14
Q1 2025 Unchanged 3,557,378 0 (0.0%) 3.99% $1,669,655,364 2025-05-15
Q4 2024 Unchanged 3,557,378 0 (0.0%) 3.59% $1,507,261,059 2025-02-14
Q3 2024 Unchanged 3,557,378 0 (0.0%) 3.29% $1,484,600,561 2024-11-14
Q2 2024 Unchanged 3,557,378 0 (0.0%) 2.79% $1,329,143,142 2024-08-14
Q1 2024 Unchanged 3,557,378 0 (0.0%) 3.19% $1,461,157,440 2024-05-15
Q4 2023 Reduced 3,557,378 -360,315 (-9.2%) 3.36% $1,422,488,741 2024-02-14
Q3 2023 Unchanged 3,917,693 0 (0.0%) 3.8% $1,478,458,984 2023-11-14
Q2 2023 Unchanged 3,917,693 0 (0.0%) 3.77% $1,587,410,027 2023-08-14
Q1 2023 Unchanged 3,917,693 0 (0.0%) 4.44% $1,617,537,086 2023-05-15
Q4 2022 Unchanged 3,917,693 0 (0.0%) 4.7% $1,679,750,051 2023-02-14
Q3 2022 Added 3,917,693 +3,018,038 (335.5%) 3.85% $1,308,079,000 2022-11-14
Q2 2022 Unchanged 899,655 0 (0.0%) 1.52% $269,420,000 2022-08-15
Q1 2022 Reduced 899,655 -133,943 (-13.0%) 1.89% $373,771,000 2022-05-16
Q4 2021 Unchanged 1,033,598 0 (0.0%) 1.54% $354,410,000 2022-02-14
Q3 2021 New 1,033,598 +1,033,598 (0.0%) 1.49% $346,328,000 2021-11-15

Who else reported the position

2546 managers reported DEERE & CO for Q3 2025.

Managers reporting DEERE & CO in Q3 2025.
Manager Activity Shares Change % of reported 13F Reported value Tenure
VANGUARD GROUP INC Added 22,384,853 +12,182 0.15% $10,235,697,883 50 qtrs
BlackRock Inc Added 18,540,596 +392,876 0.15% $8,477,872,735 5 qtrs
JPMorgan Chase & Co Added 11,347,226 +88,945 0.31% $5,188,638,688 50 qtrs
STATE STREET CORPORATION Added 10,388,900 +2,632 0.17% $4,766,948,699 50 qtrs
PRICE T ROWE ASSOCIATES INC MD Added 7,534,293 +598,220 0.37% $3,445,132,000 50 qtrs
FMR LLC Reduced 6,705,942 -1,789,869 0.16% $3,066,358,958 50 qtrs
Capital World Investors Added 6,233,740 +322,582 0.39% $2,850,687,142 50 qtrs
GEODE CAPITAL MANAGEMENT LLC Added 5,583,283 +41,505 0.16% $2,547,745,927 50 qtrs
MORGAN STANLEY Reduced 4,259,702 -116,088 0.12% $1,947,792,850 50 qtrs
BILL & MELINDA GATES FOUNDATION TRUST This report Unchanged 3,557,378 0 4.45% $1,626,646,664 17 qtrs
Premium adds each manager's conviction percentile across reporting peers.
Filing details and methodology As reported
Report period
September 30, 2025
Filed
November 14, 2025
Filing type
13F-HR
Position type
COM

Voting authority reported

Sole
3,557,378
Shared
0
None
0

“None” means the manager reported no voting authority for those shares on non-routine matters. It does not disclose why and is not evidence of securities lending.

Form 13-F is a delayed quarter-end snapshot of disclosed long Section 13(f) securities. It can be filed up to 45 days after quarter end, excludes short positions and most non-U.S. securities, and does not reveal intra-quarter trading. For options, reported shares and value describe the underlying-share exposure; strike, expiry, premium, and written positions are not disclosed.