Home Business Gates Foundation Trust Buys Procter & Gamble, Sells AutoNation

Gates Foundation Trust Buys Procter & Gamble, Sells AutoNation

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The latest 13F filing for the Bill & Melinda Gates Foundation Trust shows a reduction in one stock and a purchase in one stock for the third quarter. It also shows increases in two other stocks for the quarter. The firm manages over $17 billion.

Additions And Increases:

The largest holding in the firm’s portfolio is Berkshire Hathaway Inc. (BRK.A) (NYSE:BRK.B), which it increased by another 90 million shares during the third quarter. The firm also increased its shares in Caterpillar Inc. (NYSE:CAT).

The firm’s one new purchase for the quarter was The Procter & Gamble Company (NYSE:PG).

Sell-Offs And Reductions:

The Gates Foundation Trust did not sell off any stocks during the third quarter, but it did reduce its holdings in AutoNation, Inc. (NYSE:AN)

Other large positions:

There were no other changes in the firm’s portfolio for the quarter. The big stocks for the firm continue to be McDonald’s Corporation (NYSE:MCD), The Coca-Cola Company (NYSE:KO) and Wal-Mart Stores, Inc. (NYSE:WMT)

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