- The huge ~$45B portfolio has just 23 positions.
- The largest stake, Microsoft Corporation is at ~28% of the portfolio.
- They increased Fedex (FDX) while reducing Microsoft (MSFT) and Berkshire Hathaway (BRK.B) this quarter.
Gates Foundation portfolio value decreased from $47.7B to
~$45.1B this quarter. Over the years, the portfolio has become extremely
concentrated. In their first 13F filing in 2002, they had about 27 positions
and the total portfolio value was ~$1.8B. Currently, the portfolio is around
fifteen times that while the number of positions has gone down to just 23.
To know more about Gates and the Foundation, check-out the
book How
to Avoid a Climate Disaster: The Solutions We Have and the Breakthroughs We
Need.
The spreadsheet below shows Gates Foundation’s holdings as
of Q3 2024. Please visit our previous
update to get an idea on how the portfolio has progressed:
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