BILL & MELINDA GATES FOUNDATION TRUST's Q4 2025 13F: 2 positions resized, no new positions or exits
Form 13F-HR for the quarter ended Dec 31, 2025 · filed Feb 17, 2026 · 23 reported positions · accession 0001104659-26-016458
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | BERKSHIRE HATHAWAY INC DEL (BRK-B) | 29.9% | 27.6% | −2.3 pts | −2.36M sh | −11% |
| Reduced | MICROSOFT CORP (MSFT) | 13.0% | 10.5% | −2.5 pts | −1.5M sh | −16% |
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 95.7% of the equity book
No changes in the top 10 this quarter
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | BERKSHIRE HATHAWAY INC DEL (BRK-B) | 29.9% | 27.6% | |
| 2 | WASTE MGMT INC DEL (WM) | 17.5% | 18.0% | |
| 3 | CANADIAN NATL RY CO (CNI) | 13.4% | 14.5% | |
| 4 | MICROSOFT CORP (MSFT) | 13.0% | 10.5% | |
| 5 | CATERPILLAR INC (CAT) | 8.3% | 10.3% | |
| 6 | DEERE & CO (DE) | 4.4% | 4.7% | |
| 7 | ECOLAB INC (ECL) | 3.9% | 3.9% | |
| 8 | WALMART INC (WMT) | 2.4% | 2.6% | |
| 9 | FEDEX CORP (FDX) | 1.5% | 1.9% | |
| 10 | COCA-COLA FEMSA SAB DE CV (KOF) | 1.4% | 1.7% |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).