Bill Gates Portfolio

Bill & Melinda Gates Foundation Trust Holdings

The Bill & Melinda Gates Foundation focuses on improving health and alleviating extreme poverty. The trust holds the investment assets and transfers proceeds to the foundation to achieve the charitable goals.
Bill Gates’s portfolio-focused investment approach emphasizes durable, cash-generating businesses and long-term value creation, reflecting diversified exposure across industrials and defensive infrastructure stocks. Key themes in his stock investments center on quality management, strong competitive positions, and resilient demand—typical of his broader portfolio strategy using concentrated holdings.
Top five stock investments directly held include:
1) Berkshire Hathaway Inc. (Ordinary Shares, Class B) — A core holding within Gates’s portfolio, offering broad equity diversification through a conglomerate structure and consistent capital-allocation discipline. This is a major “stocks” investment anchor emphasizing resilience and compound growth.
2) Waste Management, Inc. — An infrastructure and essential-services business that benefits from steady waste disposal demand. For investors, it signals an emphasis on recurring revenue models and defensiveness within the investment portfolio.
3) Canadian National Railway Co. — Rail transport connectivity supports long-cycle economic activity and logistics efficiency. This stock reflects Gates’s preference for scalable infrastructure assets tied to trade and commerce.
4) Caterpillar Inc. — A leading supplier of construction and mining equipment. The investment case often pairs cyclical exposure with brand strength, global service networks, and a history of leveraging downturns for market share gains.
5) Deere & Co. — A prominent agriculture equipment manufacturer aligned with long-term food production needs. This represents an investor focus on durable industrial leaders and modernization trends in farming operations.
Overall, these stocks indicate a pragmatic, long-horizon investment portfolio built around high-quality industrial platforms and essential infrastructure companies.