Gates Foundation Trust
Annual return '25
+19.3%
SPY '25
+17.7%
Alpha
+1.6ptsvs SPY
Invested
$31.7B
Holdings
23
Trades YTD
0
Performance · Fund vs SPY
Cumulative return · quarterly snapshotsCoverage 99%. 3 quarters of 2025 measured against SPY adj-close benchmark.
Top holdings · current snapshot
Source: 13F-HR01
$BRK/B
BERKSHIRE HATHAWAY INC DEL
Q1 2026: Sold 64.2% (1.2k → 432 shares)
25.8%
02
$WM
WASTE MGMT INC DEL
Q1 2026: Sold 28.7% (18.2k → 13.0k shares)
20.1%
03
$CNR
CANADIAN NATL RY CO
Q1 2026: Increased +10025.6% (43.8k → 4.43M shares)
16.8%
04
$CAT
CATERPILLAR INC
Q1 2026: Increased +19.7% (1.86M → 2.23M shares)
14.2%
05
$DE
DEERE & CO
Q1 2026: Sold 99.9% (380.1k → 516 shares)
6.3%
06
$ECL
ECOLAB INC
Q1 2026: Sold 99.4% (82.8k → 530 shares)
4.4%
07
$WMT
WALMART INC
Q1 2026: Sold 93.4% (352.1k → 23.2k shares)
3.3%
08
$FDX
FEDEX CORP
Q1 2026: Sold 60.5% (134.3k → 53.1k shares)
2.7%
09
$KOF
COCA-COLA FEMSA SAB DE CV
Q1 2026: Increased +13867.6% (68 → 9.5k shares)
1.9%
10
$MSFT
Microsoft Corp
Q1 2026: Sold 99.8% (3.13M → 5.7k shares)
1.6%
Recent trades · Last 90 days
No Form 4 / 13D / 13G trade events on file in the recent window. 13F filers report position snapshots quarterly rather than per-trade events, so this section is most useful for managers who also file Form 4 or 13D/G.
Convergence · Pattern Engine ships in v1.1
30-day windowIn development
Convergence participation lands with the Pattern Engine.
Once the Pattern Engine ships, this section will list every active convergence event this fund is named in — with the other named funds, the Congress members on the same name, and combined position size.
Source data: SEC EDGAR · 13F-HR filings · Performance through 2025-12-31 · Last refreshed 09:26 UTC.