{
 "manager": "Gates Foundation Trust",
 "page": "https://www.moatshark.com/m/gates-foundation-trust",
 "form": "13F-HR",
 "period": "2026-06-30",
 "filed": "2026-08-14",
 "previous_period": "2026-03-31",
 "filing_url": "https://www.sec.gov/Archives/edgar/data/1166559/000110465926097175/0001104659-26-097175-index.htm",
 "total_value_usd": 34424791932,
 "note": "Source: SEC filings via moatshark. Values and changes are estimates; not investment advice.",
 "holdings": [
  {
   "company": "Berkshire Hathaway",
   "ticker": "BRK.B",
   "moatshark_slug": "brk-b",
   "sector": "Insurance",
   "value_usd": 7350651039,
   "shares": 14689844,
   "portfolio_pct": 21.35,
   "previous_pct": 25.8,
   "change": "REDUCE",
   "share_change_pct": -13.8,
   "quarters_held": 53
  },
  {
   "company": "Caterpillar",
   "ticker": "CAT",
   "moatshark_slug": "cat",
   "sector": "Industrials",
   "value_usd": 6765963549,
   "shares": 6353614,
   "portfolio_pct": 19.65,
   "previous_pct": 14.22,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 53
  },
  {
   "company": "Canadian National Railway",
   "ticker": "CNI",
   "moatshark_slug": "cni",
   "sector": "Industrials",
   "value_usd": 6179825963,
   "shares": 51826786,
   "portfolio_pct": 17.95,
   "previous_pct": 16.82,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 53
  },
  {
   "company": "Waste Management",
   "ticker": "WM",
   "moatshark_slug": "wm",
   "sector": "Utilities",
   "value_usd": 5955519423,
   "shares": 26720744,
   "portfolio_pct": 17.3,
   "previous_pct": 20.06,
   "change": "REDUCE",
   "share_change_pct": -3.3,
   "quarters_held": 53
  },
  {
   "company": "Deere & Co",
   "ticker": "DE",
   "moatshark_slug": "de",
   "sector": "Industrials",
   "value_usd": 2256551587,
   "shares": 3557378,
   "portfolio_pct": 6.56,
   "previous_pct": 6.33,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 20
  },
  {
   "company": "Ecolab",
   "ticker": "ECL",
   "moatshark_slug": "ecl",
   "sector": "Materials",
   "value_usd": 1453799239,
   "shares": 5218044,
   "portfolio_pct": 4.22,
   "previous_pct": 4.38,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 53
  },
  {
   "company": "Walmart",
   "ticker": "WMT",
   "moatshark_slug": "wmt",
   "sector": "Consumer discretionary",
   "value_usd": 950305425,
   "shares": 8390477,
   "portfolio_pct": 2.76,
   "previous_pct": 3.29,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 53
  },
  {
   "company": "FedEx",
   "ticker": "FDX",
   "moatshark_slug": "fdx",
   "sector": "Industrials",
   "value_usd": 746615273,
   "shares": 2384362,
   "portfolio_pct": 2.17,
   "previous_pct": 2.68,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 53
  },
  {
   "company": "Coca-Cola Femsa",
   "ticker": "KOF",
   "moatshark_slug": "kof",
   "sector": "Consumer staples",
   "value_usd": 660313894,
   "shares": 6214719,
   "portfolio_pct": 1.92,
   "previous_pct": 1.91,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 53
  },
  {
   "company": "Home Depot",
   "ticker": "HD",
   "moatshark_slug": "hd",
   "sector": "Consumer discretionary",
   "value_usd": 352680000,
   "shares": 1000000,
   "portfolio_pct": 1.02,
   "previous_pct": null,
   "change": "NEW",
   "share_change_pct": null,
   "quarters_held": 1
  },
  {
   "company": "Waste Connections",
   "ticker": "WCN",
   "moatshark_slug": "wcn",
   "sector": "Utilities",
   "value_usd": 339910081,
   "shares": 2039175,
   "portfolio_pct": 0.99,
   "previous_pct": 1.05,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 16
  },
  {
   "company": "Madison Square Garden Sports",
   "ticker": "MSGS",
   "moatshark_slug": "msgs",
   "sector": "Consumer discretionary",
   "value_usd": 238052427,
   "shares": 592406,
   "portfolio_pct": 0.69,
   "previous_pct": 0.6,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 20
  },
  {
   "company": "Fedex Freight Holding",
   "ticker": "FDXF",
   "moatshark_slug": "fdxf",
   "sector": "Industrials",
   "value_usd": 180019331,
   "shares": 1192181,
   "portfolio_pct": 0.52,
   "previous_pct": null,
   "change": "NEW",
   "share_change_pct": null,
   "quarters_held": 1
  },
  {
   "company": "Coupang",
   "ticker": "CPNG",
   "moatshark_slug": "cpng",
   "sector": "Consumer discretionary",
   "value_usd": 160638542,
   "shares": 9248045,
   "portfolio_pct": 0.47,
   "previous_pct": 0.55,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 22
  },
  {
   "company": "West Pharmaceutical Svsc",
   "ticker": "WST",
   "moatshark_slug": "wst",
   "sector": "Health care",
   "value_usd": 159575500,
   "shares": 444500,
   "portfolio_pct": 0.46,
   "previous_pct": 0.35,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 6
  },
  {
   "company": "Anheuser Busch Inbev",
   "ticker": "BUD",
   "moatshark_slug": "bud",
   "sector": "Consumer staples",
   "value_usd": 140327200,
   "shares": 1703000,
   "portfolio_pct": 0.41,
   "previous_pct": 0.37,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 13
  },
  {
   "company": "Paccar",
   "ticker": "PCAR",
   "moatshark_slug": "pcar",
   "sector": "Consumer discretionary",
   "value_usd": 120120000,
   "shares": 1000000,
   "portfolio_pct": 0.35,
   "previous_pct": 0.36,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 8
  },
  {
   "company": "Schrodinger",
   "ticker": "SDGR",
   "moatshark_slug": "sdgr",
   "sector": "Health care",
   "value_usd": 113452040,
   "shares": 6981664,
   "portfolio_pct": 0.33,
   "previous_pct": 0.25,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 26
  },
  {
   "company": "McDonald’s",
   "ticker": "MCD",
   "moatshark_slug": "mcd",
   "sector": "Consumer discretionary",
   "value_usd": 90526819,
   "shares": 334900,
   "portfolio_pct": 0.26,
   "previous_pct": 0.33,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 7
  },
  {
   "company": "Danaher",
   "ticker": "DHR",
   "moatshark_slug": "dhr",
   "sector": "Industrials",
   "value_usd": 71049040,
   "shares": 373000,
   "portfolio_pct": 0.21,
   "previous_pct": 0.22,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 15
  },
  {
   "company": "Kraft Heinz",
   "ticker": "KHC",
   "moatshark_slug": "khc",
   "sector": "Consumer staples",
   "value_usd": 58402812,
   "shares": 2472600,
   "portfolio_pct": 0.17,
   "previous_pct": 0.18,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 16
  },
  {
   "company": "Hormel Foods",
   "ticker": "HRL",
   "moatshark_slug": "hrl",
   "sector": "Consumer staples",
   "value_usd": 51756898,
   "shares": 2085290,
   "portfolio_pct": 0.15,
   "previous_pct": 0.15,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 15
  },
  {
   "company": "On Holding",
   "ticker": "ONON",
   "moatshark_slug": "onon",
   "sector": "Other",
   "value_usd": 17710000,
   "shares": 500000,
   "portfolio_pct": 0.05,
   "previous_pct": 0.05,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 20
  },
  {
   "company": "Veralto",
   "ticker": "VLTO",
   "moatshark_slug": "vlto",
   "sector": "Technology",
   "value_usd": 11025850,
   "shares": 124333,
   "portfolio_pct": 0.03,
   "previous_pct": 0.03,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 11
  }
 ]
}