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Bill & Melinda Gates Foundation Buys Caterpillar Inc., M&T Bank Corp.

November 15, 2011 | About:

gurufocus

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Bill & Melinda Gates Foundation reported third quarter portfolio. The portfolio is managed by Michale Larson, who also manages Bill Gates’ personal portfolio. The Gates Foundation buys Caterpillar Inc., M&T Bank Corp., Comcast Corp. during the 3-months ended 09/30/2011, according to the most recent filings of his investment company, Bill & Melinda Gates Foundation Trust. As of 09/30/2011, Bill & Melinda Gates Foundation Trust owns 32 stocks with a total value of $14.7 billion. 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 46.9%
Consumer Services 18.4%
Industrials 16%
Consumer Goods 9.3%
Oil & Gas 5.5%
Technology 1.6%
Basic Materials 1.5%
Telecom 0.6%
Health Care 0.2%


These are the top 5 holdings of Bill Gates

  1. Berkshire Hathaway B (BRK.B) - 96,204,077 shares, 46.6% of the total portfolio. Shares added by 17.52%
  2. McDonalds Corp. (MCD) - 9,872,500 shares, 5.9% of the total portfolio.
  3. CocaCola Co. (KO) - 11,682,000 shares, 5.4% of the total portfolio.
  4. Caterpillar Inc. (CAT) - 10,090,400 shares, 5.1% of the total portfolio. Shares added by 5.21%
  5. Waste Management Inc. (WM) - 18,633,672 shares, 4.1% of the total portfolio.


New Purchase: M&T Bank Corp. (MTB)

Bill Gates initiated holdings in M&T Bank Corp.. His purchase prices were between $67.9 and $89.24, with an estimated average price of $78.4. The impact to his portfolio due to this purchase was 0.24%. His holdings were 500,000 shares as of 09/30/2011. 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 $9.04 billion; its shares were traded at around $72.01 with a P/E ratio of 10.6 and P/S ratio of 2.4. The dividend yield of M&T Bank Corp. stocks is 3.9%. M&T Bank Corp. had an annual average earnings growth of 0.6% over the past 10 years.

Sold Out: Comcast Corp. Special (CMCSK)

Bill Gates sold out his holdings in Comcast Corp. Special. His sale prices were between $19.36 and $24.87, with an estimated average price of $22.06. 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. Comcast Corp. Special has a market cap of $60.4 billion; its shares were traded at around $21.97 with a P/E ratio of 15.2 and P/S ratio of 1.6. The dividend yield of Comcast Corp. Special stocks is 2.1%. Comcast Corp. Special had an annual average earnings growth of 16.9% over the past 10 years. GuruFocus rated Comcast Corp. Special the business predictability rank of 2.5-star.

Added: Caterpillar Inc. (CAT)

Bill Gates added to his holdings in Caterpillar Inc. by 5.21%. His purchase prices were between $73.86 and $111.63, with an estimated average price of $92.44. The impact to his portfolio due to this purchase was 0.25%. His holdings were 10,090,400 shares as of 09/30/2011. Caterpillar Inc is the world's largest manufacturer of construction and mining equipment, diesel and natural gas engines and industrial gas turbines. Caterpillar Inc. has a market cap of $62.36 billion; its shares were traded at around $96.53 with a P/E ratio of 13.9 and P/S ratio of 1.5. The dividend yield of Caterpillar Inc. stocks is 1.9%. Caterpillar Inc. had an annual average earnings growth of 8.4% over the past 10 years.

Added: Comcast Corp. (CMCSA)

Bill Gates added to his holdings in Comcast Corp. by 1703.43%. His purchase prices were between $19.78 and $25.97, with an estimated average price of $22.55. The impact to his portfolio due to this purchase was 0.13%. His holdings were 1,000,000 shares as of 09/30/2011. 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 $61.06 billion; its shares were traded at around $22.21 with a P/E ratio of 15.3 and P/S ratio of 1.6. The dividend yield of Comcast Corp. stocks is 2%. Comcast Corp. had an annual average earnings growth of 16.9% over the past 10 years. GuruFocus rated Comcast Corp. the business predictability rank of 2.5-star.

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gurufocus
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