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Bill & Melinda Gates Foundation Reports Q2 Portfolio

gurufocus

gurufocus

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This is the second quarter portfolio update for Bill & Melinda Gates Foundation. The fund is run by Bill Gates’ personal financial advisor Michael Larson. The portfolio now has the size of $15.2 billion. These are the details of buys.

The largest position in the portfolio of Bill & Melinda Gates Foundation is Berkshire Hathaway, donated by Warren Buffett. Buffett has famously decided to donate most of his assets to Gates Foundation.

Besides Berkshire Hathaway, Fates foundation is heavily weighted in Consumer Services and industrials. Although being a technology guru, Bill Gates rarely invests in other technology companies. Maybe he knows them too well.

Bill & Melinda Gates Foundation Bill Gates buys Liberty Global Inc., Cemex, Liberty Global Inc. Series C, Comcast Corp., sells M&T Bank Corp. during the 3-months ended 06/30/2011. As of 06/30/2011, Bill & Melinda Gates Foundation Trust owns 32 stocks. These are the details of the buys and sells.

This is the portfolio chart of Bill Gates. You can click on the legend of the chart to show/hide buys, sells, or holdings. Each ball on the chart represents a position in the portfolio. You can move your mouse on the balls to see the details of each position and click to see the details of all guru trades with this position.



For the details of Bill Gates's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Bill+Gates

This is the sector weightings of his portfolio:

Financials 41.8%
Industrials 19.8%
Consumer Services 18.8%
Consumer Goods 9.2%
Oil & Gas 6.2%
Basic Materials 1.6%
Technology 1.6%
Telecommunications 0.7%
Health Care 0.2%


These are the top 5 holdings of Bill Gates

  1. Berkshire Hathaway B (BRK.B) - 81,859,555 shares, 41.8043% of the total portfolio. Shares reduced by 4.38%
  2. Caterpillar Inc. (CAT) - 9,590,400 shares, 6.7373% of the total portfolio.
  3. McDonalds Corp. (MCD) - 9,872,500 shares, 5.4932% of the total portfolio.
  4. CocaCola Co. (KO) - 11,682,000 shares, 5.1872% of the total portfolio.
  5. Waste Management Inc. (WM) - 18,633,672 shares, 4.5827% of the total portfolio.


New Purchase: Liberty Global Inc. (LBTYA)

Bill Gates initiated holdings in Liberty Global Inc.. His purchase prices were between $39.85 and $46.86, with an estimated average price of $43.83. The impact to his portfolio due to this purchase was 0.63%. His holdings were 2,119,515 shares as of 06/30/2011.

Liberty Global owns interests primarily in broadband distribution and content companies operating outside the continental U. Liberty Global Inc. has a market cap of $9.99 billion; its shares were traded at around $39.1 with a P/E ratio of 24.09 and P/S ratio of 1.11. Liberty Global Inc. had an annual average earnings growth of 39.2% over the past 5 years.

New Purchase: Cemex S.a. De C.v. Ads (CX)

Bill Gates initiated holdings in Cemex S.a. De C.v. Ads. His purchase prices were between $7.59 and $9.2, with an estimated average price of $8.34. The impact to his portfolio due to this purchase was 0.33%. His holdings were 5,813,953 shares as of 06/30/2011.

CEMEX is one of the largest cement companies in the world, with close to 78 million metric tons of production capacity. Cemex S.a. De C.v. Ads has a market cap of $5.26 billion; its shares were traded at around $5.2 with and P/S ratio of 0.37.

New Purchase: Liberty Global Inc. Series C (LBTYK)

Bill Gates initiated holdings in Liberty Global Inc. Series C. His purchase prices were between $38.09 and $45.03, with an estimated average price of $41.92. The impact to his portfolio due to this purchase was 0.2%. His holdings were 706,507 shares as of 06/30/2011.

Liberty Global, Inc. is a cable operator offering advanced video, voice and broadband internet services principally in Europe, Chile, and Australia. Liberty Global Inc. Series C has a market cap of $4.41 billion; its shares were traded at around $37.03 .

New Purchase: Comcast Corp. Special (CMCSK)

Bill Gates initiated holdings in Comcast Corp. Special. His purchase prices were between $22.17 and $24.98, with an estimated average price of $23.34. The impact to his portfolio due to this purchase was 0.15%. His holdings were 944,550 shares as of 06/30/2011.

Comcast Corporation is principally involved in the development, management and operation of broadband cable networks, and in the provision of electronic commerce and programming content. with a P/E ratio of 14.1. The dividend yield of Comcast Corp. Special stocks is 2.22%. Comcast Corp. Special had an annual average earnings growth of 14.9% over the past 10 years.

New Purchase: Comcast Corp. (CMCSA)

Bill Gates initiated holdings in Comcast Corp.. His purchase prices were between $23.44 and $26.68, with an estimated average price of $24.76. The impact to his portfolio due to this purchase was 0.01%. His holdings were 55,450 shares as of 06/30/2011.

Comcast Corp., among the world's communication companies, provides basic cable, digital cable and high speed internet services that connect people to what's important in their lives. Comcast Corp. has a market cap of $57.09 billion; its shares were traded at around $20.59 with a P/E ratio of 14.33 and P/S ratio of 1.5. The dividend yield of Comcast Corp. stocks is 2.18%. Comcast Corp. had an annual average earnings growth of 21.4% over the past 10 years. GuruFocus rated Comcast Corp. the business predictability rank of 2-star.

Sold Out: M&T Bank Corp. (MTB)

Bill Gates sold out his holdings in M&t Bank Corp.. His sale prices were between $84.41 and $89.79, with an estimated average price of $87.05.

M&T Bank Corp is a bank holding company. They have two primary bank subsidiaries: Manufacturers and Traders Trust Company and M&T Bank, National Association. M&t Bank Corp. has a market cap of $9.17 billion; its shares were traded at around $74.52 with a P/E ratio of 10.8 and P/S ratio of 2.39. The dividend yield of M&t Bank Corp. stocks is 3.83%. M&t Bank Corp. had an annual average earnings growth of 0.6% over the past 10 years.

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gurufocus
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