GATES FOUNDATION TRUST

Q4 2025 13F-HR Holdings

Location
Kirkland, WA
Holdings as of
12/31/2025
Date filed
2/17/2026
Form type
13F-HR
Num holdings
23
Total value ($000)
$35,360,094
Net value change ($000)
-1,223,661 (-3.3%)
New positions
0
Sold out positions
0
Turnover %
0.0%
Sector allocation + QoQ delta (equities-only)
Prev filing: 11/14/2025 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q3 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
CAT 608,168 20.1%
CNI 235,812 4.8%
FDX 126,491 22.5%
KOF 72,153 14.0%
WMT 70,060 8.1%
DE 29,561 1.8%
MSGS 18,750 13.9%
DHR 11,436 15.5%
PCAR 11,190 11.4%
BUD 7,544 7.4%
Top Reduces (Value $000, Stocks/ETFs)
BRK-B -1,187,439 -10.9%
MSFT -1,040,964 -21.9%
CPNG -79,626 -26.7%
ECL -59,173 -4.1%
WM -32,406 -0.5%
SDGR -15,220 -10.9%
KHC -4,426 -6.9%
HRL -2,169 -4.2%
WCN -897 -0.3%
VLTO -849 -6.4%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type