Bill Gates recently filed their 13F report for the third quarter of 2022, which ended on 2022-09-30.
The 13F report details which stocks were in a guru’s equity portfolio at the end of the quarter, though investors should note that these filings are limited in scope, containing only a snapshot of long positions in U.S.-listed stocks and American depository receipts as of the quarter’s end. They are not required to include international holdings, short positions or other types of investments. Still, even this limited filing can provide valuable information.
Bill Gates (Trades, Portfolio) is one of the smartest businessmen in the world. He founded Microsoft in 1975 alongside his partner Paul Allen and grew it to be one of the world's largest software developers. Thanks to the success of Microsoft, Bill Gates (Trades, Portfolio) was the richest man for 15 consecutive years. The portfolio we track here before June 2009 is called Cascade Investment, which is the personal portfolio of Bill Gates (Trades, Portfolio). Since June 2009, the portfolio we track is for Bill & Melinda Gates Foundation Trust.
As of the latest 13F report, the guru’s equity portfolio contained 21 stocks valued at a total of $33.99Bil. The top holdings were MSFT(26.91%), BRK.B(23.32%), and CNI(17.42%).
According to GuruFocus data, these were Bill Gates (Trades, Portfolio)’s top five trades of the quarter.
Microsoft Corp
During the quarter, Bill Gates (Trades, Portfolio) bought 38,320,050 shares of NAS:MSFT for a total holding of 39,264,670. The trade had a 26.26% impact on the equity portfolio. During the quarter, the stock traded for an average price of $264.05.
On 11/14/2022, Microsoft Corp traded for a price of $241.55 per share and a market cap of $1,800.63Bil. The stock has returned -27.53% over the past year.
GuruFocus gives the company a financial strength rating of 8 out of 10 and a profitability rating of 10 out of 10.
In terms of valuation, Microsoft Corp has a price-earnings ratio of 26.03, a price-book ratio of 10.38, a price-earnings-to-growth (PEG) ratio of 1.26, a EV-to-Ebitda ratio of 17.72 and a price-sales ratio of 8.95.
The price-to-GF Value ratio is 0.78, earning the stock a GF Value rank of 9.
Canadian National Railway Co
During the quarter, Bill Gates (Trades, Portfolio) bought 44,548,156 shares of NYSE:CNI for a total holding of 54,826,786. The trade had a 14.15% impact on the equity portfolio. During the quarter, the stock traded for an average price of $119.14.
On 11/14/2022, Canadian National Railway Co traded for a price of $121.31 per share and a market cap of $81.76Bil. The stock has returned -4.90% over the past year.
GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 9 out of 10.
In terms of valuation, Canadian National Railway Co has a price-earnings ratio of 21.16, a price-book ratio of 5.08, a price-earnings-to-growth (PEG) ratio of 3.85, a EV-to-Ebitda ratio of 13.04 and a price-sales ratio of 7.32.
The price-to-GF Value ratio is 0.98, earning the stock a GF Value rank of 6.
Waste Management Inc
During the quarter, Bill Gates (Trades, Portfolio) bought 16,600,672 shares of NYSE:WM for a total holding of 35,234,344. The trade had a 7.83% impact on the equity portfolio. During the quarter, the stock traded for an average price of $165.07.
On 11/14/2022, Waste Management Inc traded for a price of $157.59 per share and a market cap of $64.69Bil. The stock has returned -1.76% over the past year.
GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, Waste Management Inc has a price-earnings ratio of 29.29, a price-book ratio of 9.23, a price-earnings-to-growth (PEG) ratio of 5.23, a EV-to-Ebitda ratio of 14.86 and a price-sales ratio of 3.38.
The price-to-GF Value ratio is 0.97, earning the stock a GF Value rank of 6.
Berkshire Hathaway Inc
Bill Gates (Trades, Portfolio) reduced their investment in NYSE:BRK.B by 5,000,000 shares. The trade had a 7.72% impact on the equity portfolio. During the quarter, the stock traded for an average price of $284.56.
On 11/14/2022, Berkshire Hathaway Inc traded for a price of $308.91 per share and a market cap of $681.40Bil. The stock has returned 8.01% over the past year.
GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, Berkshire Hathaway Inc has a price-book ratio of 1.51, a EV-to-Ebitda ratio of 68.66 and a price-sales ratio of 2.72.
The price-to-GF Value ratio is 1.26, earning the stock a GF Value rank of 1.
Deere & Co
During the quarter, Bill Gates (Trades, Portfolio) bought 3,018,038 shares of NYSE:DE for a total holding of 3,917,693. The trade had a 2.97% impact on the equity portfolio. During the quarter, the stock traded for an average price of $342.56.
On 11/14/2022, Deere & Co traded for a price of $406.94 per share and a market cap of $122.82Bil. The stock has returned 14.61% over the past year.
GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, Deere & Co has a price-earnings ratio of 20.34, a price-book ratio of 6.45, a price-earnings-to-growth (PEG) ratio of 1.13, a EV-to-Ebitda ratio of 17.44 and a price-sales ratio of 2.62.
The price-to-GF Value ratio is 1.05, earning the stock a GF Value rank of 5.
Please note, the numbers and facts quoted are as of the writing of this article and may not factor in the latest trading data or company announcements.
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