13F filing recap · Q4 2025

What did Bill & Melinda Gates Foundation Trust buy in Q4 2025?

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

Stock value

$35.36B

Positions

Estimated turnover

5.3%

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.

Quarter in review

The Bill & Melinda Gates Foundation Trust trimmed its Berkshire Hathaway and Microsoft positions during the quarter.

Reduced positions

BRK.BBerkshire Hathaway Inc$9.75Breported value-2.36M shares-10.8%MSFTMicrosoft Corporation$3.72Breported value-1.50M shares-16.3%