BILL & MELINDA GATES FOUNDATION TRUST
Q2 2026 Form 13-F
KIRKLAND, WASHINGTON
CIK 0001166559
· Institutional investment manager
$34.4B Reported Value Total
Reported value
$34.4B
Quarter over quarter
+11.4%
Holdings
24
Top-10 concentration
94.9%
Key People
Named on the latest Form 13-F filing — not necessarily an owner
Michael Larson
Authorized Agent
Filing Navigation
Coverage begins with the second quarter of 2013. Earlier quarters are not shown while their accuracy is being verified.
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Q2 2026 13F record
Q2 2026 13F filing summary
| Period of report | June 30, 2026 |
|---|---|
| Filed | August 14, 2026 |
| Form | 13F-HR |
| Reported value | $34.4B |
| Positions | 24 |
| Change in reported value | +8.7% |
| New positions | 2 |
| Exited positions | 0 |
| Position turnover | 8.3% |
| Top-10 concentration | 94.9% |
13F filings by quarter
| Quarter | Positions | Value |
|---|---|---|
|
Q2 2026 13F
Filed Aug 14, 2026
|
24 | $34.4B |
|
Q1 2026 13F
Filed May 15, 2026
|
22 | $31.7B |
|
Q4 2025 13F
Filed Feb 17, 2026
|
23 | $35.4B |
|
Q3 2025 13F
Filed Nov 14, 2025
|
23 | $36.6B |
|
Q2 2025 13F
Filed Aug 14, 2025
|
25 | $47.8B |
|
Q1 2025 13F
Filed May 15, 2025
|
25 | $41.8B |
|
Q4 2024 13F
Filed Feb 14, 2025
|
24 | $42.0B |
|
Q3 2024 13F
Filed Nov 14, 2024
|
24 | $45.1B |
|
Q2 2024 13F
Filed Aug 14, 2024
|
23 | $47.7B |
|
Q1 2024 13F
Filed May 15, 2024
|
24 | $45.9B |
|
Q4 2023 13F
Filed Feb 14, 2024
|
24 | $42.3B |
|
Q3 2023 13F
Filed Nov 14, 2023
|
74 | $38.9B |
|
Q2 2023 13F
Filed Aug 14, 2023
|
23 | $42.1B |
|
Q1 2023 13F
Filed May 15, 2023
|
22 | $36.5B |
|
Q4 2022 13F
Filed Feb 14, 2023
|
23 | $35.7B |
|
Q3 2022 13F
Filed Nov 14, 2022
|
21 | $34.0B |
|
Q2 2022 13F
Filed Aug 15, 2022
|
20 | $17.7B |
|
Q1 2022 13F
Filed May 16, 2022
|
18 | $19.8B |
|
Q4 2021 13F
Filed Feb 14, 2022
|
22 | $23.0B |
|
Q3 2021 13F
Filed Nov 15, 2021
|
22 | $23.2B |
33 earlier quarters on file — choose one from the quarter menu above.
Top 20 holdings · Q2 2026
| # | Holding | Reported value | % of portfolio |
|---|---|---|---|
| 1 | BRK-B BERKSHIRE HATHAWAY INC DEL | $7.4B | 21.35% |
| 2 | CAT CATERPILLAR INC | $6.8B | 19.65% |
| 3 | CNI CANADIAN NATL RY CO | $6.2B | 17.95% |
| 4 | WM WASTE MGMT INC DEL | $6.0B | 17.3% |
| 5 | DE DEERE & CO | $2.3B | 6.56% |
| 6 | ECL ECOLAB INC | $1.5B | 4.22% |
| 7 | WMT WALMART INC | $950.3M | 2.76% |
| 8 | FDX FEDEX CORP | $746.6M | 2.17% |
| 9 | KOF COCA-COLA FEMSA SAB DE CV | $660.3M | 1.92% |
| 10 | HD HOME DEPOT INC | $352.7M | 1.02% |
| 11 | WCN WASTE CONNECTIONS INC | $339.9M | 0.99% |
| 12 | MSGS MADISON SQUARE GRDN SPRT COR | $238.1M | 0.69% |
| 13 | FDXF FEDEX FGHT HLDG CO INC | $180.0M | 0.52% |
| 14 | CPNG COUPANG INC | $160.6M | 0.47% |
| 15 | WST WEST PHARMACEUTICAL SVSC INC | $159.6M | 0.46% |
| 16 | BUD ANHEUSER BUSCH INBEV SA NV | $140.3M | 0.41% |
| 17 | PCAR PACCAR INC | $120.1M | 0.35% |
| 18 | SDGR SCHRODINGER INC | $113.5M | 0.33% |
| 19 | MCD MCDONALDS CORP | $90.5M | 0.26% |
| 20 | DHR DANAHER CORP DEL | $71.0M | 0.21% |
Values as reported on the Q2 2026 Form 13F. Every position is in the holdings table below.