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Bill & Melinda Gates Foundation Trust

CIK:0001166559
Foundation
$77B AUM
25 holdings
Seattle, WA, United States
Founded:2000
2,167 employees
Latest filing:Jun 30, 2025

The Bill & Melinda Gates Foundation Trust is the endowment and investment arm of the Bill & Melinda Gates Foundation, one of the largest private charitable foundations in the world. Headquartered in Seattle, Washington, it was established in 2000 to fund grantmaking for global health, education, and poverty alleviation. The Foundation is led by CEO Mark Suzman, overseen by Bill Gates, Melinda French Gates, and a governing board. As of 2024, the Foundation has 2,167 employees and operates internationally, supporting initiatives in over 140 countries.

Investment Strategy

The Gates Foundation Trust manages an endowment to fund the Gates Foundation's global philanthropic initiatives. The investment strategy is to preserve and grow the endowment by investing in a diversified portfolio, including equities, fixed income, and alternative assets, in order to secure long-term funding. The Trust does not operate for profit but to sustain philanthropic grantmaking for initiatives in global health, development, education, and poverty reduction. Investment decisions are overseen with a focus on prudent stewardship, risk management, and alignment with the Foundation’s mission to maximize charitable impact.

Top Buys
B
BRK-BBERKSHIRE HATHAWAY INC DEL
+$2.57B
M
MSFTMICROSOFT CORP
+$2.35B
C
CATCATERPILLAR INC
+$429.5M
C
CNICANADIAN NATL RY CO
+$360.8M
D
DEDEERE & CO
+$139.2M
Top Sells
W
WMWASTE MGMT INC DEL
-$86.7M
F
FDXFEDEX CORP
-$41.7M
W
WCNWASTE CONNECTIONS INC
-$18.2M
K
KHCKRAFT HEINZ CO
-$12.1M
U
UPSUNITED PARCEL SERVICE INC
-$6.8M

Top Holdings

M
MSFTMICROSOFT CORP
+27.3%$13.03B
B
BRK-BBERKSHIRE HATHAWAY INC DEL
+24.5%$11.72B
W
WMWASTE MGMT INC DEL
+15.4%$7.38B
C
CNICANADIAN NATL RY CO
+11.9%$5.70B
C
CATCATERPILLAR INC
+6.0%$2.85B

Equity Positions (25)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
M
MSFT
MICROSOFT CORP27.27%$13.03B26,191,207$234.12$497.41+$2.35B
B
BRK-B
BERKSHIRE HATHAWAY INC DEL24.53%$11.72B24,123,684$336.97$485.77+$2.57B
W
WM
WASTE MGMT INC DEL15.44%$7.38B32,234,344$92.21$228.82-$86.7M
C
CNI
CANADIAN NATL RY CO11.94%$5.70B54,826,786$96.07$104.04+$360.8M
C
CAT
CATERPILLAR INC5.97%$2.85B7,353,614$85.58$388.21+$429.5M

Industry Allocation

SERVICES-PREPACKAGED SOFTWARE
+27.3%
FIRE, MARINE & CASUALTY INSURANCE
+24.5%
REFUSE SYSTEMS
+16.3%
RAILROADS, LINE-HAUL OPERATING
+11.9%
CONSTRUCTION MACHINERY & EQUIP
+6.0%