Filed: 2/17/2026ACC: 0001104659-26-016458
📋 What this filing means
GATES FOUNDATION TRUST filed this quarterly 13F‑HR report disclosing 23 equity positions with a total reported market value of $35.36B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
23
Positions
$35.36B
Total AUM (reported)
167.88M
Total Shares
Allocation by class
COM$24.50B69.3%
CL B NEW$9.75B27.6%
SPONS ADS REP$588.60M1.7%
CL A$371.39M1.1%
SPONSORED ADR$109.06M0.3%
NAMEN AKT A$23.24M0.1%
COM SHS$12.41M0.0%
Portfolio Concentration
Top 3$21.24B60.1%
4–10$12.60B35.6%
11–25$1.53B4.3%
Top 3 weight
60.1%
Top 10 weight
95.7%
Voting Authority Distribution
Total shares with voting rights: 167.88M
Sole
Full voting authority
167.88M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole23
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings23
Rows:
BERKSHIRE HATHAWAY INC DEL
SOLEShares19.41M
TypeSH
Market value$9.75B
27.59%
Sole
19.41M
Shared
0.00
None
0.00
WASTE MGMT INC DEL
SOLEShares28.93M
TypeSH
Market value$6.36B
17.98%
Sole
28.93M
Shared
0.00
None
0.00
CANADIAN NATL RY CO
SOLEShares51.83M
TypeSH
Market value$5.12B
14.49%
Sole
51.83M
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares7.69M
TypeSH
Market value$3.72B
10.52%
Sole
7.69M
Shared
0.00
None
0.00
CATERPILLAR INC
SOLEShares6.35M
TypeSH
Market value$3.64B
10.29%
Sole
6.35M
Shared
0.00
None
0.00
DEERE & CO
SOLEShares3.56M
TypeSH
Market value$1.66B
4.68%
Sole
3.56M
Shared
0.00
None
0.00
ECOLAB INC
SOLEShares5.22M
TypeSH
Market value$1.37B
3.87%
Sole
5.22M
Shared
0.00
None
0.00
WALMART INC
SOLEShares8.39M
TypeSH
Market value$934.78M
2.64%
Sole
8.39M
Shared
0.00
None
0.00
FEDEX CORP
SOLEShares2.38M
TypeSH
Market value$688.75M
1.95%
Sole
2.38M
Shared
0.00
None
0.00
COCA-COLA FEMSA SAB DE CV
SOLEShares6.21M
TypeSH
Market value$588.60M
1.66%
Sole
6.21M
Shared
0.00
None
0.00
WASTE CONNECTIONS INC
SOLEShares2.04M
TypeSH
Market value$357.59M
1.01%
Sole
2.04M
Shared
0.00
None
0.00
COUPANG INC
SOLEShares9.25M
TypeSH
Market value$218.16M
0.62%
Sole
9.25M
Shared
0.00
None
0.00
MADISON SQUARE GRDN SPRT COR
SOLEShares592.41K
TypeSH
Market value$153.23M
0.43%
Sole
592.41K
Shared
0.00
None
0.00
SCHRODINGER INC
SOLEShares6.98M
TypeSH
Market value$124.83M
0.35%
Sole
6.98M
Shared
0.00
None
0.00
WEST PHARMACEUTICAL SVSC INC
SOLEShares444.50K
TypeSH
Market value$122.30M
0.35%
Sole
444.50K
Shared
0.00
None
0.00
PACCAR INC
SOLEShares1M
TypeSH
Market value$109.51M
0.31%
Sole
1M
Shared
0.00
None
0.00
ANHEUSER BUSCH INBEV SA/NV
SOLEShares1.70M
TypeSH
Market value$109.06M
0.31%
Sole
1.70M
Shared
0.00
None
0.00
MCDONALDS CORP
SOLEShares334.90K
TypeSH
Market value$102.36M
0.29%
Sole
334.90K
Shared
0.00
None
0.00
DANAHER CORPORATION
SOLEShares373K
TypeSH
Market value$85.39M
0.24%
Sole
373K
Shared
0.00
None
0.00
KRAFT HEINZ CO
SOLEShares2.47M
TypeSH
Market value$59.96M
0.17%
Sole
2.47M
Shared
0.00
None
0.00
HORMEL FOODS CORP
SOLEShares2.09M
TypeSH
Market value$49.42M
0.14%
Sole
2.09M
Shared
0.00
None
0.00
ON HLDG AG
SOLEShares500K
TypeSH
Market value$23.24M
0.07%
Sole
500K
Shared
0.00
None
0.00
VERALTO CORP
SOLEShares124.33K
TypeSH
Market value$12.41M
0.04%
Sole
124.33K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 19.41M | SH | $9.75B 27.59% | 19.41M | 0.00 | 0.00 |
WASTE MGMT INC DELSOLE | COM | 28.93M | SH | $6.36B 17.98% | 28.93M | 0.00 | 0.00 |
CANADIAN NATL RY COSOLE | COM | 51.83M | SH | $5.12B 14.49% | 51.83M | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 7.69M | SH | $3.72B 10.52% | 7.69M | 0.00 | 0.00 |
CATERPILLAR INCSOLE | COM | 6.35M | SH | $3.64B 10.29% | 6.35M | 0.00 | 0.00 |
DEERE & COSOLE | COM | 3.56M | SH | $1.66B 4.68% | 3.56M | 0.00 | 0.00 |
ECOLAB INCSOLE | COM | 5.22M | SH | $1.37B 3.87% | 5.22M | 0.00 | 0.00 |
WALMART INCSOLE | COM | 8.39M | SH | $934.78M 2.64% | 8.39M | 0.00 | 0.00 |
FEDEX CORPSOLE | COM | 2.38M | SH | $688.75M 1.95% | 2.38M | 0.00 | 0.00 |
COCA-COLA FEMSA SAB DE CVSOLE | SPONS ADS REP | 6.21M | SH | $588.60M 1.66% | 6.21M | 0.00 | 0.00 |
WASTE CONNECTIONS INCSOLE | COM | 2.04M | SH | $357.59M 1.01% | 2.04M | 0.00 | 0.00 |
COUPANG INCSOLE | CL A | 9.25M | SH | $218.16M 0.62% | 9.25M | 0.00 | 0.00 |
MADISON SQUARE GRDN SPRT CORSOLE | CL A | 592.41K | SH | $153.23M 0.43% | 592.41K | 0.00 | 0.00 |
SCHRODINGER INCSOLE | COM | 6.98M | SH | $124.83M 0.35% | 6.98M | 0.00 | 0.00 |
WEST PHARMACEUTICAL SVSC INCSOLE | COM | 444.50K | SH | $122.30M 0.35% | 444.50K | 0.00 | 0.00 |
PACCAR INCSOLE | COM | 1M | SH | $109.51M 0.31% | 1M | 0.00 | 0.00 |
ANHEUSER BUSCH INBEV SA/NVSOLE | SPONSORED ADR | 1.70M | SH | $109.06M 0.31% | 1.70M | 0.00 | 0.00 |
MCDONALDS CORPSOLE | COM | 334.90K | SH | $102.36M 0.29% | 334.90K | 0.00 | 0.00 |
DANAHER CORPORATIONSOLE | COM | 373K | SH | $85.39M 0.24% | 373K | 0.00 | 0.00 |
KRAFT HEINZ COSOLE | COM | 2.47M | SH | $59.96M 0.17% | 2.47M | 0.00 | 0.00 |
HORMEL FOODS CORPSOLE | COM | 2.09M | SH | $49.42M 0.14% | 2.09M | 0.00 | 0.00 |
ON HLDG AGSOLE | NAMEN AKT A | 500K | SH | $23.24M 0.07% | 500K | 0.00 | 0.00 |
VERALTO CORPSOLE | COM SHS | 124.33K | SH | $12.41M 0.04% | 124.33K | 0.00 | 0.00 |