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Gates Foundation Trust Holds $34 Billion Across 24 Stocks
The Bill & Melinda Gates Foundation Trust invests money that helps pay for the foundation’s charitable work.
In the second quarter of 2026, it owned shares in 24 companies.
Together, those investments were worth about $34.4 billion.
Berkshire Hathaway was its biggest investment, but the Trust sold part of that holding.
Caterpillar, Canadian National Railway, and Waste Management were also very large investments.
The Trust bought new shares in Home Depot and FedEx Freight.
Some smaller investments were in companies such as Coupang, McDonald’s, and On Holding.
The list shows that the Trust spreads its money across many different kinds of businesses.
The Bill & Melinda Gates Foundation Trust held 24 stocks worth $34.42 billion in the second quarter of 2026.
Berkshire Hathaway remained the largest holding at 21.35%, valued at $7.35 billion, despite a 13.83% reduction.
Caterpillar, Canadian National Railway, Waste Management, and Deere were the other four largest positions.
The Trust bought new positions in Home Depot and FedEx Freight during the quarter.
Its smaller holdings included companies in online retail, pharmaceuticals, food, beverages, sports, technology, and water testing.
- Who
- The Bill & Melinda Gates Foundation Trust, which manages investment assets funding the foundation’s charitable work.
- What
- The Trust’s latest filing showed 24 stock holdings worth a combined $34,424,792,000.
- Where
- The article does not specify a single location; the portfolio includes companies in the United States, Canada, South Korea, Latin America, Switzerland, and elsewhere.
- When
- The second quarter of 2026.
- Why
- To manage investment assets that fund the Bill & Melinda Gates Foundation’s charitable work.
Key facts
- Total portfolio value
- $34,424,792,000
- Number of stocks
- 24
- Largest holding
- Berkshire Hathaway, at 21.35% and $7,350,651,000
- Second-largest holding
- Caterpillar, at 19.65% and $6,765,964,000
- Largest reported reduction
- Berkshire Hathaway, reduced by 13.83%
- New positions
- Home Depot and FedEx Freight
- Other reported reduction
- Waste Management, reduced by 3.33%










