Michael Larson's Portfolio: Gates Foundation Trust 13F Holdings
Quarterly SEC 13F-HR filings · CIK 0001166559
Latest filing in plain English
As of the Q2 2026 13F filing (filed 2026-08-14), Michael Larson's Gates Foundation Trust reported $34.4B across 24 disclosed US equity positions. The largest holdings: BRK/B (21.4%), CAT (19.6%), CNR (17.9%), WM (17.3%), DE (6.6%). During the quarter the fund opened 2 new positions, exited 0, added to 0, and trimmed 2 — 1.6% turnover.
MethodologyOpen ↓Close ↑
Parsed quarterly from SEC EDGAR 13F-HR filings. A 13F discloses the US-listed long positions (and listed options) of institutional managers with $100M+ in US equities, filed up to 45 days after quarter-end — it excludes shorts, bonds, foreign-listed shares, and anything traded since the report date. Tickers are resolved from CUSIPs via OpenFIGI with manual corrections. Q/Q change compares share counts against the prior filing; the NEW / ADD / TRIM chips and turnover come from the same quarter-over-quarter comparison. Not investment advice.
Holdings
| # | Ticker | Value ▼ | Weight |
|---|---|---|---|
| 1 | BRK/B | $7.4B | 21.35% |
| 2 | CAT | $6.8B | 19.65% |
| 3 | CNR | $6.2B | 17.95% |
| 4 | WM | $6.0B | 17.3% |
| 5 | DE | $2.3B | 6.56% |
| 6 | ECL | $1.5B | 4.22% |
| 7 | WMT | $950.3M | 2.76% |
| 8 | FDX | $746.6M | 2.17% |
| 9 | KOF | $660.3M | 1.92% |
| 10 | HD | $352.7M | 1.02% |
| 11 | WCN | $339.9M | 0.99% |
| 12 | MSGS | $238.1M | 0.69% |
| 13 | FDXF | $180.0M | 0.52% |
| 14 | CPNG | $160.6M | 0.47% |
| 15 | WST | $159.6M | 0.46% |
| 16 | BUD | $140.3M | 0.41% |
| 17 | PCAR | $120.1M | 0.35% |
| 18 | SDGR | $113.5M | 0.33% |
| 19 | MCD | $90.5M | 0.26% |
| 20 | DHR | $71.0M | 0.21% |
| 21 | KHC | $58.4M | 0.17% |
| 22 | HRL | $51.8M | 0.15% |
| 23 | — | $17.7M | 0.05% |
| 24 | VLTO | $11.0M | 0.03% |