Bill Gates Makes Significant Portfolio Changes
Microsoft Co-Founder Trims Berkshire Hathaway Stake
Foundation Trust Portfolio Now Overweight in Four Stocks
In a recent 13F filing, the Bill and Melinda Gates Foundation Trust disclosed two key portfolio adjustments. Notably, the trust reduced its stake in Berkshire Hathaway Inc. (NYSE: BRK.B) by 2,613,252 shares, marking a significant shift in the trust's investment strategy.
Despite the reduction in Berkshire Hathaway holdings, the trust remains overweight in four stocks: Canadian National Railway Company (NYSE: CNI), Ecolab Inc. (NYSE: ECL), FedEx Corporation (NYSE: FDX), and Waste Management, Inc. (NYSE: WM).
Gates' decision to trim his Berkshire Hathaway stake could be seen as a departure from his close friendship with Berkshire Hathaway CEO Warren Buffett. However, it's important to note that Gates' investment decisions are made by the trust's investment managers, and may not necessarily reflect his personal views.
The recent portfolio changes by the Bill and Melinda Gates Foundation Trust highlight the dynamic nature of investment strategies and the ongoing adjustments made by successful investors.
For more information on this breaking news story, please refer to the following sources:
- CNBC: Bill Gates Charity Cuts Berkshire Hathaway Stake by 26 Million Shares
- MarketWatch: Bill Gates charity cuts its Berkshire Hathaway stake by 26 million shares
- Bloomberg: Bill Gates Charity Trims Berkshire Hathaway Stake by 26 Million Shares
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