13F filing recap · Q4 2014

What did Bill & Melinda Gates Foundation Trust buy in Q4 2014?

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

Stock value

$20.00B

Positions

Estimated turnover

24.4%

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

UPSUnited Parcel Service, Inc$503.08Mreported value+4.53M shares CCICrown Castle Inc.$419.70Mreported value+5.33M shares WBAWalgreens Boots Alliance Inc$264.82Mreported value+3.48M shares DMNDDiamond Foods Inc$294.0Kreported value+10.4K shares

Reduced positions

BRK.BBerkshire Hathaway Inc$11.81Breported value-5.00M shares-6.0%

Exited positions

MCDMcdonald’s Corporation$1.03Bprior reported value-10.87M shares-100.0%KOCoca Cola Co$914.19Mprior reported value-21.43M shares-100.0%XOMExxon Mobil Corp.$765.93Mprior reported value-8.14M shares-100.0%CCICrown Castle Inc.$429.46Mprior reported value-5.33M shares