The endowment behind the Gates Foundation; a handful of very large positions held for years.
| Holding | Value | Weight | vs last quarter |
|---|---|---|---|
| —Berkshire Hathaway Inc Del | $7.35B | 21.3% | trimmed -14% |
| CATCaterpillar Inc | $6.77B | 19.7% | held |
| CNICanadian Natl Ry Co | $6.18B | 17.9% | held |
| WMWaste Mgmt Inc Del | $5.96B | 17.3% | trimmed -3% |
| DEDeere & Co | $2.26B | 6.6% | held |
| ECLEcolab Inc | $1.45B | 4.2% | held |
| WMTWalmart Inc | $950.3M | 2.8% | held |
| FDXFedex Corp | $746.6M | 2.2% | held |
| KOFCoca-Cola Femsa Sab De Cv | $660.3M | 1.9% | held |
| HDHome Depot Inc | $352.7M | 1.0% | new |
| WCNWaste Connections Inc | $339.9M | 1.0% | held |
| MSGSMadison Square Grdn Sprt Cor | $238.1M | 0.7% | held |
| FDXFFedex Fght Hldg Co Inc | $180.0M | 0.5% | new |
| CPNGCoupang Inc | $160.6M | 0.5% | held |
| WSTWest Pharmaceutical Svsc Inc | $159.6M | 0.5% | held |
13F filings list US-listed long positions of managers above $100M, filed within 45 days of quarter end. Shorts, options structure and non-US holdings are not shown. Source: SEC EDGAR.