13F filing recap · Q3 2006

What did Bill & Melinda Gates Foundation Trust buy in Q3 2006?

Reported stock-position changes between this filing and the previous one.

Stock value

$6.16B

Positions

Estimated turnover

38.9%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

New positions

BRK.BBerkshire Hathaway Inc$1.59Breported value+500.0K shares PHMPultegroup, Inc.$58.00Mreported value+1.82M shares CTXCentex Corp$57.79Mreported value+1.10M shares KBHKb Home$44.37Mreported value+1.01M shares NSCNorfolk Southern Corp$44.05Mreported value+1.00M shares MBGMercedes-Benz Group AG (formerly Daimler Ag)$33.36Mreported value+666.0K shares RYLCalatlantic Group Inc$29.13Mreported value+674.2K shares LENLennar Corp /new/$25.99Mreported value+574.3K shares WCICWci Communities Inc$15.47Mreported value+887.0K shares BZHBeazer Homes Usa, Inc.$10.13Mreported value+259.4K shares

Increased positions

CNICanadian National Railway Company$227.48Mreported value+1.00M shares+22.7%KOFCoca Cola Femsa Sab De Cv$93.21Mreported value+309.8K shares+11.6%EXPDExpeditors International of Washington, Inc.$64.55Mreported value+450.0K shares+45.1%