# GATES FOUNDATION TRUST: Form 13F holdings

An institutional investment manager in KIRKLAND, WA. SEC CIK 1166559.

- Quarter ended: 2026-06-30
- Filed: 2026-08-14
- Reported value: $34.42bn
- Positions: 24 (24 lines in the filing's table; lines for the same security and option type are added together here)
- Compared with: the 13F for the quarter ended 2026-03-31
- Filing: https://www.sec.gov/Archives/edgar/data/1166559/000110465926097175/

## Holdings

As filed, largest first. Reported value is what the manager stated at the quarter end (Jun 30, 2026), in US dollars; it is filing data, not a price. Weight is the share of the total reported value.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [BERKSHIRE HATHAWAY INC DEL (BRK-B)](/companies/brk-b.md) | CL B NEW | $7.35bn | 21.4% | 14,689,844 |  | Reduced −2,358,460 |
| [CATERPILLAR INC (CAT)](/companies/cat.md) | COM | $6.77bn | 19.7% | 6,353,614 |  | Unchanged |
| [CANADIAN NATL RY CO (CNI)](/companies/cni.md) | COM | $6.18bn | 18.0% | 51,826,786 |  | Unchanged |
| [WASTE MGMT INC DEL (WM)](/companies/wm.md) | COM | $5.96bn | 17.3% | 26,720,744 |  | Reduced −921,600 |
| [DEERE & CO (DE)](/companies/de.md) | COM | $2.26bn | 6.6% | 3,557,378 |  | Unchanged |
| [ECOLAB INC (ECL)](/companies/ecl.md) | COM | $1.45bn | 4.2% | 5,218,044 |  | Unchanged |
| [WALMART INC (WMT)](/companies/wmt.md) | COM | $950.3m | 2.8% | 8,390,477 |  | Unchanged |
| [FEDEX CORP (FDX)](/companies/fdx.md) | COM | $746.6m | 2.2% | 2,384,362 |  | Unchanged |
| [COCA-COLA FEMSA SAB DE CV (KOF)](/companies/kof.md) | SPONS ADS REP | $660.3m | 1.9% | 6,214,719 |  | Unchanged |
| [HOME DEPOT INC (HD)](/companies/hd.md) | COM | $352.7m | 1.0% | 1,000,000 |  | New +1,000,000 |
| [WASTE CONNECTIONS INC (WCN)](/companies/wcn.md) | COM | $339.9m | 1.0% | 2,039,175 |  | Unchanged |
| [MADISON SQUARE GRDN SPRT COR (MSGS)](/companies/msgs.md) | CL A | $238.1m | 0.7% | 592,406 |  | Unchanged |
| [FEDEX FGHT HLDG CO INC (FDXF)](/companies/fdxf.md) | COMMON STOCK | $180.0m | 0.5% | 1,192,181 |  | New +1,192,181 |
| [COUPANG INC (CPNG)](/companies/cpng.md) | CL A | $160.6m | 0.5% | 9,248,045 |  | Unchanged |
| [WEST PHARMACEUTICAL SVSC INC (WST)](/companies/wst.md) | COM | $159.6m | 0.5% | 444,500 |  | Unchanged |
| [ANHEUSER BUSCH INBEV SA NV (BUD)](/companies/bud.md) | SPONSORED ADR | $140.3m | 0.4% | 1,703,000 |  | Unchanged |
| [PACCAR INC (PCAR)](/companies/pcar.md) | COM | $120.1m | 0.3% | 1,000,000 |  | Unchanged |
| [SCHRODINGER INC (SDGR)](/companies/sdgr.md) | COM | $113.5m | 0.3% | 6,981,664 |  | Unchanged |
| [MCDONALDS CORP (MCD)](/companies/mcd.md) | COM | $90.5m | 0.3% | 334,900 |  | Unchanged |
| [DANAHER CORP DEL (DHR)](/companies/dhr.md) | COM | $71.0m | 0.2% | 373,000 |  | Unchanged |
| [KRAFT HEINZ CO (KHC)](/companies/khc.md) | COM | $58.4m | 0.2% | 2,472,600 |  | Unchanged |
| [HORMEL FOODS CORP (HRL)](/companies/hrl.md) | COM | $51.8m | 0.2% | 2,085,290 |  | Unchanged |
| ON HLDG AG | NAMEN AKT A | $17.7m | <0.1% | 500,000 |  | Unchanged |
| [VERALTO CORP (VLTO)](/companies/vlto.md) | COM SHS | $11.0m | <0.1% | 124,333 |  | Unchanged |

Source: SEC EDGAR, Form 13F-HR, accession 0001104659-26-097175. Last ingested by Listed: Oct 22, 2026, 05:26 ET. No prices; not investment advice.