13F filing recap · Q3 2023

What did Bill & Melinda Gates Foundation Trust buy in Q3 2023?

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

Stock value

$38.91B

Positions

Estimated turnover

2.7%

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

AAPLApple Inc.$9.04Mreported value+52.8K shares METAMeta Platforms, Inc.$8.12Mreported value+27.0K shares IYWiShares Trust$6.04Mreported value+57.6K shares AMZNAmazon.com Inc$5.59Mreported value+44.0K shares ETNEaton Corporation Plc$5.57Mreported value+26.1K shares AVGOBroadcom Inc.$5.40Mreported value+6.5K shares BKNGBooking Holdings Inc.$5.09Mreported value+1.6K shares GOOGLAlphabet Inc.$5.03Mreported value+38.4K shares JPMJPMorgan Chase & Co$4.29Mreported value+29.6K shares ORCLOracle Corporation$4.22Mreported value+39.8K shares AMPAmeriprise Financial Inc$4.09Mreported value+12.4K shares NVDANvidia Corp$3.99Mreported value+9.2K shares XLKTechnology Select Sector SPDR Fund$3.98Mreported value+24.3K shares PHMPultegroup, Inc.$3.96Mreported value+53.5K shares TJXThe Tjx Companies, Inc.$3.78Mreported value+42.5K shares ELVElevance Health, Inc.$3.70Mreported value+8.5K shares CVXChevron Corp$3.63Mreported value+21.5K shares ULUnilever Plc$3.59Mreported value+72.6K shares PGProcter & Gamble Co$3.35Mreported value+23.0K shares CSCOCisco Systems, Inc.$3.33Mreported value+62.0K shares TTTrane Technologies Plc$3.23Mreported value+15.9K shares VVisa Inc.$3.22Mreported value+14.0K shares AMATApplied Materials Inc /de$3.16Mreported value+22.8K shares AMGNAmgen Inc.$2.97Mreported value+11.1K shares TMOThermo Fisher Scientific Inc.$2.87Mreported value+5.7K shares UNHUnitedHealth Group Incorporated$2.86Mreported value+5.7K shares ADBEAdobe Inc.$2.80Mreported value+5.5K shares SLBSlb Limited/nv$2.74Mreported value+47.0K shares TTETotalenergies SE$2.53Mreported value+38.5K shares LMTLockheed Martin Corporation$2.41Mreported value+5.9K shares JNJJohnson & Johnson$2.33Mreported value+14.9K shares NSCNorfolk Southern Corp$2.30Mreported value+11.7K shares GSThe Goldman Sachs Group, Inc.$2.28Mreported value+7.1K shares MSMorgan Stanley$2.28Mreported value+27.9K shares CVSCVS Health Corp$2.27Mreported value+32.5K shares PFEPfizer Inc.$2.26Mreported value+68.0K shares PNCThe Pnc Financial Services Group, Inc.$2.14Mreported value+17.4K shares CBChubb Limited$2.13Mreported value+10.3K shares KBWBInvesco Exch Traded Fd Trust II$2.01Mreported value+50.3K shares XOMExxon Mobil Corp.$2.00Mreported value+17.0K shares EMNEastman Chemical Co$1.92Mreported value+25.0K shares LOWLowe’s Companies, Inc.$1.87Mreported value+9.0K shares GOOGAlphabet Inc.$1.85Mreported value+14.0K shares MRKMerck & Co., Inc.$1.83Mreported value+17.7K shares AMTAmerican Tower Corp /ma/$1.81Mreported value+11.0K shares XLPTechnology Select Sector SPDR Fund$1.75Mreported value+25.5K shares HDHome Depot, Inc.$1.72Mreported value+5.7K shares TGTTarget Corporation$1.68Mreported value+15.2K shares PEPPepsico, Inc.$1.64Mreported value+9.7K shares RTXRtx Corporation$1.45Mreported value+20.2K shares DISWalt Disney Co/$1.36Mreported value+16.8K shares

Increased positions

MSFTMicrosoft Corporation$12.40Breported value+21.5K shares+0.1%WMTWalmart Inc.$484.61Mreported value+9.3K shares+0.3%UPSUnited Parcel Service, Inc$117.70Mreported value+14.4K shares+1.9%

Reduced positions

BRK.BBerkshire Hathaway Inc$7.89Breported value-2.61M shares-10.4%