Bill Gates’ Foundation Cut $800 Million in Q2 From Warren Buffett’s Berkshire Hathaway — Here’s Where It Put the Money Instead
Key takeaways
- The Gates Foundation Trust is rebalancing its portfolio, cutting Berkshire Hathaway and Waste Management holdings while adding Home Depot and FedEx Freight, boosting total assets to $34.42 billion.
- Berkshire Hathaway stake reduced by 14% (2.4 million shares), value drop $818.9 million
- Waste Management stake reduced by 3% (921,600 shares), value drop $396.4 million
- New Home Depot position: 1 million shares, $352.7 million
What happened
Bill Gates’ Foundation Trust cut its Berkshire Hathaway stake by 14%, shedding 2.4 million shares and $818.9 million in value, while adding new positions in Home Depot (1 million shares, $352.7 million) and FedEx Freight (1.19 million shares, $180 million). The trust also trimmed Waste Management by 3%, selling 921,600 shares and reducing that holding by $396.4 million.
Why it matters
The divestments shift the trust’s exposure away from a broad‑market conglomerate and a waste‑management firm toward consumer retail and logistics, potentially reflecting a strategic pivot toward sectors with higher growth prospects. The net portfolio value rose from $31.67 billion to $34.42 billion, indicating…
Short-term and longer-term
Short-term. Short‑term traders should watch Home Depot and FedEx Freight for potential support levels as the trust’s new positions may provide buying pressure.
Longer-term. Longer‑term investors may view the trust’s shift as a bet on consumer retail and logistics infrastructure, sectors poised for growth with e‑commerce expansion.