In May 2020, Gates resigned from the Microsoft board of directors. He is worth more than $134 billion as an individual. His hedge fund’s most recent market maneuvers are currently making news. Gates is devoting more effort to his charitable endeavors. Michael Larson, Bill Gates’ personal money manager, is in charge of the fund’s investments. The fund primarily invests in companies with a long-term strategy. Walmart and United Parcel Service were among the portfolio’s top holdings at the end of September.
Insider Monkey picked 10 stocks to buy and hold for over 5 years according to Bill Gates. The Bill and Melinda Gates Foundation Trust owns about 33 million shares in the corporation, valued at over $10 billion, accounting for 43.84 percent of the portfolio. In four of the last five quarters, the fund has cut its holdings in Berkshire Hathaway Inc.. It began by purchasing the company’s stock at an average price of roughly $128,000 per share. The Bill and Melinda Gates Foundation Trust owns nearly 18 million shares worth $3.1 billion in Waste Management Inc, accounting for 13.53 percent of the portfolio. During the fourth quarter of 2021, the fund saw no activity in relation to the stock. Since 2012, Waste Management, Inc. has been a regular part of the Gates portfolio. Since the third quarter of 2012, Caterpillar Inc. has been a constant part of the Gates portfolio. The fund made its initial investment in the company by purchasing approximately 10 million shares at an average price of $86.24 per share. This position has been rather stable, and the company’s stock price has now risen to over $201. At the end of December 2021, the Bill and Melinda Gates Foundation Trust controlled more than 13 million shares in the company, valued at $1.6 billion. During the fourth quarter of 2021, the fund did not sell or purchase new shares of Canadian National Railway Company. Ecolab Inc. is owned by the Bill and Melinda Gates Foundation Trust, which owns about 4.3 million shares. The fund first invested in the company in late 2012. This position has remained stable, and the firm’s stock price is currently over $226. For more details, click 10 Stocks To Buy And Hold For Over 5 Years According To Bill Gates.
