Canonical: https://ownershiptrace.com/13f/investors/7

# Bill & Melinda Gates Foundation Trust portfolio — 13F holdings Q2 2026

Bill & Melinda Gates Foundation Trust (Michael Larson) reported 24 long positions worth $34.4 billion as of 2026-06-30. Top holdings: BERKSHIRE HATHAWAY INC, CATERPILLAR INC, CANADIAN NATIONAL RAILWAY CO, WASTE MANAGEMENT INC, DEERE & CO. Quarterly changes and source links to the original SEC 13F filings. Long options are listed separately in the interactive view.

## Reported share positions (up to 20)

| Company | Report period | Value | Portfolio weight | Change | Source |
|  --- | --- | --- | --- | --- | --- |
| [BERKSHIRE HATHAWAY INC](https://ownershiptrace.com/13f/companies/152) | 2026-06-30 | 7350651039.00 USD | 21.35% | reduce | [Original filing](https://www.sec.gov/Archives/edgar/data/1166559/0001104659-26-097175-index.html) |
| [CATERPILLAR INC](https://ownershiptrace.com/13f/companies/770) | 2026-06-30 | 6765963549.00 USD | 19.65% | hold | [Original filing](https://www.sec.gov/Archives/edgar/data/1166559/0001104659-26-097175-index.html) |
| [CANADIAN NATIONAL RAILWAY CO](https://ownershiptrace.com/13f/companies/110) | 2026-06-30 | 6179825963.00 USD | 17.95% | hold | [Original filing](https://www.sec.gov/Archives/edgar/data/1166559/0001104659-26-097175-index.html) |
| [WASTE MANAGEMENT INC](https://ownershiptrace.com/13f/companies/778) | 2026-06-30 | 5955519423.00 USD | 17.30% | reduce | [Original filing](https://www.sec.gov/Archives/edgar/data/1166559/0001104659-26-097175-index.html) |
| [DEERE & CO](https://ownershiptrace.com/13f/companies/766) | 2026-06-30 | 2256551587.00 USD | 6.56% | hold | [Original filing](https://www.sec.gov/Archives/edgar/data/1166559/0001104659-26-097175-index.html) |
| [ECOLAB INC.](https://ownershiptrace.com/13f/companies/147) | 2026-06-30 | 1453799239.00 USD | 4.22% | hold | [Original filing](https://www.sec.gov/Archives/edgar/data/1166559/0001104659-26-097175-index.html) |
| [Walmart Inc.](https://ownershiptrace.com/13f/companies/363) | 2026-06-30 | 950305425.00 USD | 2.76% | hold | [Original filing](https://www.sec.gov/Archives/edgar/data/1166559/0001104659-26-097175-index.html) |
| [FEDEX CORP](https://ownershiptrace.com/13f/companies/321) | 2026-06-30 | 746615273.00 USD | 2.17% | hold | [Original filing](https://www.sec.gov/Archives/edgar/data/1166559/0001104659-26-097175-index.html) |
| [COCA COLA FEMSA SAB DE CV](https://ownershiptrace.com/13f/companies/771) | 2026-06-30 | 660313894.00 USD | 1.92% | hold | [Original filing](https://www.sec.gov/Archives/edgar/data/1166559/0001104659-26-097175-index.html) |
| [HOME DEPOT, INC.](https://ownershiptrace.com/13f/companies/786) | 2026-06-30 | 352680000.00 USD | 1.02% | buy | [Original filing](https://www.sec.gov/Archives/edgar/data/1166559/0001104659-26-097175-index.html) |
| [Waste Connections, Inc.](https://ownershiptrace.com/13f/companies/777) | 2026-06-30 | 339910081.00 USD | 0.99% | hold | [Original filing](https://www.sec.gov/Archives/edgar/data/1166559/0001104659-26-097175-index.html) |
| [Madison Square Garden Sports Corp.](https://ownershiptrace.com/13f/companies/773) | 2026-06-30 | 238052427.00 USD | 0.69% | hold | [Original filing](https://www.sec.gov/Archives/edgar/data/1166559/0001104659-26-097175-index.html) |
| [FedEx Freight Holding Company, Inc.](https://ownershiptrace.com/13f/companies/36324) | 2026-06-30 | 180019331.00 USD | 0.52% | buy | [Original filing](https://www.sec.gov/Archives/edgar/data/1166559/0001104659-26-097175-index.html) |
| [Coupang, Inc.](https://ownershiptrace.com/13f/companies/39) | 2026-06-30 | 160638542.00 USD | 0.47% | hold | [Original filing](https://www.sec.gov/Archives/edgar/data/1166559/0001104659-26-097175-index.html) |
| [WEST PHARMACEUTICAL SERVICES INC](https://ownershiptrace.com/13f/companies/779) | 2026-06-30 | 159575500.00 USD | 0.46% | hold | [Original filing](https://www.sec.gov/Archives/edgar/data/1166559/0001104659-26-097175-index.html) |
| [Anheuser-Busch InBev SA/NV](https://ownershiptrace.com/13f/companies/769) | 2026-06-30 | 140327200.00 USD | 0.41% | hold | [Original filing](https://www.sec.gov/Archives/edgar/data/1166559/0001104659-26-097175-index.html) |
| [PACCAR INC](https://ownershiptrace.com/13f/companies/775) | 2026-06-30 | 120120000.00 USD | 0.35% | hold | [Original filing](https://www.sec.gov/Archives/edgar/data/1166559/0001104659-26-097175-index.html) |
| [Schrodinger, Inc.](https://ownershiptrace.com/13f/companies/257) | 2026-06-30 | 113452040.00 USD | 0.33% | hold | [Original filing](https://www.sec.gov/Archives/edgar/data/1166559/0001104659-26-097175-index.html) |
| [MCDONALDS CORP](https://ownershiptrace.com/13f/companies/619) | 2026-06-30 | 90526819.00 USD | 0.26% | hold | [Original filing](https://www.sec.gov/Archives/edgar/data/1166559/0001104659-26-097175-index.html) |
| [DANAHER CORP /DE/](https://ownershiptrace.com/13f/companies/161) | 2026-06-30 | 71049040.00 USD | 0.21% | hold | [Original filing](https://www.sec.gov/Archives/edgar/data/1166559/0001104659-26-097175-index.html) |

## Recent source filings (up to 20)

| Report period | Filed | Form | Source |
|  --- | --- | --- | --- |
| 2026-06-30 | 2026-08-14 00:00:00 | 13F-HR | [Original filing](https://www.sec.gov/Archives/edgar/data/1166559/0001104659-26-097175-index.html) |
| 2026-03-31 | 2026-05-15 00:00:00 | 13F-HR | [Original filing](https://www.sec.gov/Archives/edgar/data/1166559/0001104659-26-062592-index.html) |
| 2025-12-31 | 2026-02-17 00:00:00 | 13F-HR | [Original filing](https://www.sec.gov/Archives/edgar/data/1166559/0001104659-26-016458-index.html) |
| 2025-09-30 | 2025-11-14 00:00:00 | 13F-HR | [Original filing](https://www.sec.gov/Archives/edgar/data/1166559/0001104659-25-112544-index.html) |
| 2025-06-30 | 2025-08-14 00:00:00 | 13F-HR | [Original filing](https://www.sec.gov/Archives/edgar/data/1166559/0001104659-25-078647-index.html) |
| 2025-03-31 | 2025-05-15 00:00:00 | 13F-HR | [Original filing](https://www.sec.gov/Archives/edgar/data/1166559/0001104659-25-049456-index.html) |
| 2024-12-31 | 2025-02-14 00:00:00 | 13F-HR | [Original filing](https://www.sec.gov/Archives/edgar/data/1166559/0001104659-25-014123-index.html) |
| 2024-09-30 | 2024-11-14 00:00:00 | 13F-HR | [Original filing](https://www.sec.gov/Archives/edgar/data/1166559/0001104659-24-119000-index.html) |
| 2024-06-30 | 2024-08-14 00:00:00 | 13F-HR | [Original filing](https://www.sec.gov/Archives/edgar/data/1166559/0001104659-24-089650-index.html) |
| 2024-03-31 | 2024-05-15 00:00:00 | 13F-HR | [Original filing](https://www.sec.gov/Archives/edgar/data/1166559/0001104659-24-061949-index.html) |
| 2023-12-31 | 2024-02-14 00:00:00 | 13F-HR | [Original filing](https://www.sec.gov/Archives/edgar/data/1166559/0001104659-24-023662-index.html) |
| 2023-09-30 | 2023-11-14 00:00:00 | 13F-HR | [Original filing](https://www.sec.gov/Archives/edgar/data/1166559/0001104659-23-118104-index.html) |
| 2023-06-30 | 2023-08-14 00:00:00 | 13F-HR | [Original filing](https://www.sec.gov/Archives/edgar/data/1166559/0001104659-23-091369-index.html) |
| 2023-03-31 | 2023-05-15 00:00:00 | 13F-HR | [Original filing](https://www.sec.gov/Archives/edgar/data/1166559/0001104659-23-060842-index.html) |
| 2022-12-31 | 2023-02-14 00:00:00 | 13F-HR | [Original filing](https://www.sec.gov/Archives/edgar/data/1166559/0001104659-23-021739-index.html) |
| 2022-09-30 | 2022-11-14 00:00:00 | 13F-HR | [Original filing](https://www.sec.gov/Archives/edgar/data/1166559/0001104659-22-118573-index.html) |
| 2022-06-30 | 2022-08-15 00:00:00 | 13F-HR | [Original filing](https://www.sec.gov/Archives/edgar/data/1166559/0001104659-22-091260-index.html) |
| 2022-03-31 | 2022-05-16 00:00:00 | 13F-HR | [Original filing](https://www.sec.gov/Archives/edgar/data/1166559/0001104659-22-061355-index.html) |
| 2021-12-31 | 2022-02-14 00:00:00 | 13F-HR | [Original filing](https://www.sec.gov/Archives/edgar/data/1166559/0001104659-22-022859-index.html) |
| 2021-09-30 | 2021-11-15 00:00:00 | 13F-HR | [Original filing](https://www.sec.gov/Archives/edgar/data/1166559/0001104659-21-139188-index.html) |

Public disclosures can be delayed, incomplete, or amended. Report period describes a position date; transaction date describes a reported transaction; filed describes submission. A recent filing or page update does not establish a current holding. A dash means unavailable or not comparable, not zero.

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