Bill & Melinda Gates Foundation Trust 13F annual report
Bill & Melinda Gates Foundation Trust is an investment fund managing more than $45.9 trillion ran by Michael Larson. There are currently 24 companies in Mr. Larson’s portfolio. The largest investments include Microsoft and Waste Mgmt Inc Del, together worth $22.9 trillion.
$45.9 trillion Assets Under Management (AUM)
As of 8th May 2024, Bill & Melinda Gates Foundation Trust’s top holding is 36,499,597 shares of Microsoft currently worth over $15.4 trillion and making up 33.5% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Bill & Melinda Gates Foundation Trust owns more than approximately 0.1% of the company.
In addition, the fund holds 35,234,344 shares of Waste Mgmt Inc Del worth $7.51 trillion.
The third-largest holding is Berkshire Hathaway worth $7.28 trillion and the next is Canadian Natl Ry Co worth $7.22 trillion, with 54,826,786 shares owned.
Currently, Bill & Melinda Gates Foundation Trust's portfolio is worth at least $45.9 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Bill & Melinda Gates Foundation Trust
The Bill & Melinda Gates Foundation Trust office and employees reside in Kirkland, Washington. According to the last 13-F report filed with the SEC, Michael Larson serves as the Authorized Agent at Bill & Melinda Gates Foundation Trust.
Recent trades
In the most recent 13F filing, Bill & Melinda Gates Foundation Trust revealed that it had opened a new position in
Veralto Corp and bought 124,333 shares worth $11 billion.
The investment fund also strengthened its position in Walmart Inc by buying
6,060,318 additional shares.
This makes their stake in Walmart Inc total 9,090,477 shares worth $547 billion.
Walmart Inc dropped 60.6% in the past year.
On the other hand, there are companies that Bill & Melinda Gates Foundation Trust is getting rid of from its portfolio.
Bill & Melinda Gates Foundation Trust closed its position in Apple Inc on 15th May 2024.
It sold the previously owned 52,815 shares for $9.04 billion.
Michael Larson also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $15.4 trillion and 36,499,597 shares.
One of the largest hedge funds
The two most similar investment funds to Bill & Melinda Gates Foundation Trust are Robeco Institutional Asset Management B.v and Mirae Asset Global Investments Co. They manage $46 trillion and $45.4 trillion respectively.
Michael Larson investment strategy
Bill & Melinda Gates Foundation Trust’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Technology — making up 33.5% of
the total portfolio value.
The fund focuses on investments in the United States as
62.5% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
63% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $218 billion.
The complete list of Bill & Melinda Gates Foundation Trust trades based on 13F SEC filings
These positions were updated on May 15th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Microsoft Corporation |
7.09%
36,499,597
|
$15,356,110,450,000 | 33.49% |
| Waste Mgmt Inc Del |
No change
35,234,344
|
$7,510,200,424,000 | 16.38% |
| Berkshire Hathaway Inc. |
23.20%
17,303,097
|
$7,276,298,350,000 | 15.87% |
| Canadian Natl Ry Co |
No change
54,826,786
|
$7,221,235,984,000 | 15.75% |
| Caterpillar Inc. |
No change
7,353,614
|
$2,694,584,778,000 | 5.88% |
| Deere & Co. |
9.20%
3,557,378
|
$1,461,157,440,000 | 3.19% |
| Ecolab, Inc. |
No change
5,218,044
|
$1,204,846,360,000 | 2.63% |
| Coca-cola Femsa Sab De Cv |
No change
6,214,719
|
$604,070,687,000 | 1.32% |
| Walmart Inc |
200.00%
9,090,477
|
$546,974,001,000 | 1.19% |
| Fedex Corp |
No change
1,534,362
|
$444,566,046,000 | 0.97% |
| Waste Connections Inc |
No change
2,149,175
|
$369,679,592,000 | 0.81% |
| Schrodinger, Inc. |
No change
6,981,664
|
$188,504,928,000 | 0.41% |
| Coupang, Inc. |
No change
9,248,045
|
$164,522,721,000 | 0.36% |
| Crown Castle Inc |
No change
1,420,072
|
$150,286,220,000 | 0.33% |
| United Parcel Service, Inc. |
No change
755,089
|
$112,228,878,000 | 0.24% |
| Madison Square Grdn Sprt Cor |
No change
592,406
|
$109,310,755,000 | 0.24% |
| Anheuser-Busch InBev SA/NV |
No change
1,703,000
|
$103,508,340,000 | 0.23% |
| Kraft Heinz Co |
No change
2,622,600
|
$96,773,940,000 | 0.21% |
| Danaher Corp. |
No change
373,000
|
$93,145,560,000 | 0.20% |
| Hormel Foods Corp. |
No change
2,195,290
|
$76,593,668,000 | 0.17% |
| Carvana Co. |
No change
520,000
|
$45,713,200,000 | 0.10% |
| On Hldg Ag |
No change
500,000
|
$17,690,000,000 | 0.04% |
| Veralto Corp |
Opened
124,333
|
$11,023,364,000 | 0.02% |
| Apple Inc |
Closed
52,815
|
$9,042,456,000 | |
| Meta Platforms Inc |
Closed
27,035
|
$8,116,177,000 | |
| Ishares Tr |
Closed
57,600
|
$6,043,392,000 | |
| Amazon.com Inc. |
Closed
44,000
|
$5,593,280,000 | |
| Eaton Corp Plc |
Closed
26,100
|
$5,566,608,000 | |
| Broadcom Inc. |
Closed
6,500
|
$5,398,770,000 | |
| Booking Holdings Inc |
Closed
1,650
|
$5,088,518,000 | |
| Alphabet Inc |
Closed
38,400
|
$5,025,024,000 | |
| JPMorgan Chase & Co. |
Closed
29,600
|
$4,292,592,000 | |
| Oracle Corp. |
Closed
39,800
|
$4,215,616,000 | |
| Ameriprise Finl Inc |
Closed
12,400
|
$4,088,032,000 | |
| NVIDIA Corp |
Closed
9,165
|
$3,986,683,000 | |
| Select Sector Spdr Tr |
Closed
49,800
|
$5,738,154,000 | |
| Pulte Group Inc |
Closed
53,500
|
$3,961,675,000 | |
| Tjx Cos Inc New |
Closed
42,500
|
$3,777,400,000 | |
| Elevance Health Inc |
Closed
8,500
|
$3,701,070,000 | |
| Chevron Corp. |
Closed
21,500
|
$3,625,330,000 | |
| Unilever plc |
Closed
72,610
|
$3,586,934,000 | |
| Procter And Gamble Co |
Closed
22,975
|
$3,351,134,000 | |
| Cisco Sys Inc |
Closed
62,000
|
$3,333,120,000 | |
| Trane Technologies plc |
Closed
15,900
|
$3,226,269,000 | |
| Visa Inc |
Closed
14,000
|
$3,220,140,000 | |
| Applied Matls Inc |
Closed
22,800
|
$3,156,660,000 | |
| AMGEN Inc. |
Closed
11,050
|
$2,969,798,000 | |
| Thermo Fisher Scientific Inc. |
Closed
5,675
|
$2,872,515,000 | |
| Unitedhealth Group Inc |
Closed
5,665
|
$2,856,236,000 | |
| Vroom Inc. |
Closed
2,500,000
|
$2,800,000,000 | |
| Adobe Inc |
Closed
5,485
|
$2,796,802,000 | |
| Schlumberger Ltd |
Closed
47,005
|
$2,740,392,000 | |
| TotalEnergies SE |
Closed
38,500
|
$2,531,760,000 | |
| Lockheed Martin Corp. |
Closed
5,900
|
$2,412,864,000 | |
| Johnson & Johnson |
Closed
14,945
|
$2,327,684,000 | |
| Norfolk Southn Corp |
Closed
11,700
|
$2,304,081,000 | |
| Goldman Sachs Group, Inc. |
Closed
7,060
|
$2,284,404,000 | |
| Morgan Stanley |
Closed
27,880
|
$2,276,960,000 | |
| CVS Health Corp |
Closed
32,500
|
$2,269,150,000 | |
| Pfizer Inc. |
Closed
68,000
|
$2,255,560,000 | |
| Pnc Finl Svcs Group Inc |
Closed
17,400
|
$2,136,198,000 | |
| Chubb Limited |
Closed
10,250
|
$2,133,845,000 | |
| Invesco Exch Traded Fd Tr Ii |
Closed
50,270
|
$2,014,319,000 | |
| Exxon Mobil Corp. |
Closed
17,000
|
$1,998,860,000 | |
| Eastman Chem Co |
Closed
25,000
|
$1,918,000,000 | |
| Lowes Cos Inc |
Closed
8,983
|
$1,867,027,000 | |
| Alphabet Inc |
Closed
14,000
|
$1,845,900,000 | |
| Merck & Co Inc |
Closed
17,740
|
$1,826,333,000 | |
| American Tower Corp. |
Closed
11,000
|
$1,808,950,000 | |
| Home Depot, Inc. |
Closed
5,692
|
$1,719,895,000 | |
| Target Corp |
Closed
15,200
|
$1,680,664,000 | |
| Pepsico Inc |
Closed
9,700
|
$1,643,568,000 | |
| RTX Corp |
Closed
20,200
|
$1,453,794,000 | |
| Disney Walt Co |
Closed
16,800
|
$1,361,640,000 | |
| Vroom Inc. |
Opened
31,250
|
$419,688,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 75 holdings | |||
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