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Bill & Melinda Gates Foundation Trust – Largest Position Reductions (2025 Q3)

This report summarizes the most meaningful reductions and sell-offs made by Bill & Melinda Gates Foundation Trust in 2025 Q3. The analysis highlights which positions were trimmed or exited, providing insight into how the investor adjusted risk exposure and portfolio strategy.

Symbol Shares Reported Price(USD) Action Change % Portfolio Weight Position Value Filing Period
BRK.B 21,765,224 $502.74 Reduced -9.78% 29.90% $10.94B 2025 Q3
WM 28,934,344 $220.83 Reduced -10.24% 17.46% $6.39B 2025 Q3
CNI 51,826,786 $94.3 Reduced -5.47% 13.35% $4.89B 2025 Q3
MSFT 9,191,207 $517.95 Reduced -64.91% 13.01% $4.76B 2025 Q3
CAT 6,353,614 $477.15 Reduced -13.60% 8.28% $3.03B 2025 Q3
WMT 8,390,477 $103.06 Reduced -7.70% 2.36% $864.72M 2025 Q3
FDX 2,384,362 $235.81 Reduced -5.92% 1.54% $562.26M 2025 Q3
WCN 2,039,175 $175.8 Reduced -5.12% 0.98% $358.49M 2025 Q3
KHC 2,472,600 $26.04 Reduced -5.72% 0.18% $64.39M 2025 Q3
HRL 2,085,290 $24.74 Reduced -5.01% 0.14% $51.59M 2025 Q3
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