Skip to content

Search

Search managers or tickers

Gates Foundation Trust

Q4 2019 13F · by Michael Larson, CIO

As of
Dec 31, 2019
Filed
Feb 14, 2019
US stock
$21.4B · prev $21.2B
Positions
16 · prev 18
Options notional
$0
Documents
1· no amendments

Picture100.0% US stock

Full picture · of what this 13F reports is US stock

  • US stock listed on a US exchange 100.0%
  • Foreign stock not listed in the US 0.0%
  • Notes debt, at principal 0.0%
  • Puts at notional value 0.0%
  • Calls at notional value 0.0%

Moves3 since the prior filing

The book

Very concentrated · behaves like 3 equal-sized positions

  1. Very concentrated
  2. Concentrated
  3. Focused
  4. Diversified

Low turnover · 0.0% a year

  1. Low
  2. Moderate
  3. High

Top 5 positions84% of US stock

  1. BRK.B BERKSHIRE HATHAWAY Class B trimmed−0.88 pp trimmed−0.8852.9%
  2. WM Waste Management, Inc. held held9.9%
  3. CAT Caterpillar Inc. held held7.8%
  4. CNI Canadian National Railway held held7.3%
  5. WMT Walmart Inc. held held6.5%

Positions16 in this filing · 2 exited

BRK.BBERKSHIRE HATHAWAY Class B52.94%49,912,525$11.3Btrimmed−9%−0.88 pp27 q
WMWaste Management, Inc.9.94%18,633,672$2.1Bheld—27 q
CATCaterpillar Inc.7.79%11,260,857$1.7Bheld—27 q
CNICanadian National Railway7.25%17,126,874$1.5Bheld—27 q
WMTWalmart Inc.6.46%11,603,000$1.4Bheld—27 q
ECLEcolab, Inc.3.95%4,366,426$843Mheld—27 q
CCICrown Castle Inc.3.55%5,332,900$758Mheld—21 q
UPSUnited Parcel Service, Inc. Class B2.48%4,525,329$530Mheld—21 q
FDXFedEx Corporation2.14%3,024,999$457Mheld—27 q
KOFCoca-Cola FEMSA, S.A.B DE C.V1.76%6,214,719$377Mheld—27 q
TVGrupo Televisa S.A.0.93%16,879,104$198Mheld—27 q
LBTYKLiberty Global Ltd. Class C0.37%3,639,349$79Mheld—27 q
LBTYALiberty Global Ltd. Class A0.23%2,119,515$48Mheld—27 q
ARCOArcos Dorados Holdings Inc.0.12%3,060,500$25Mheld—24 q
LILAKLiberty Latin America Ltd. Class C0.06%636,044$12Mheld—8 q
LILALiberty Latin America Ltd. Class A0.03%370,424$7Mheld—8 q
BYNDBeyond Meat, Inc.—−96,542—exited−0.07 pp—
NCSCornerstone Building Brands—−13,731—exited0.00 pp—

Source

Form
13F-HR
Reading
0 defects · 0 unresolved
Options
none in this filing
Notes
none in this filing
SEC cross-check
SEC data set not published yet