Bill Gates’ Foundation Cut $800 Million in Q2 From Warren Buffett’s Berkshire Hathaway — Here’s Where It Put the Money Instead

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Bill Gates and Melinda French Gates’ Gates Foundation Trust reshuffled its investment holdings in the second quarter of 2026, trimming its stake in Warren Buffett’s Berkshire Hathaway by more than $800 million while initiating a new position in Home Depot, signaling a shift toward consumer retail and logistics infrastructure.

Trimming Berkshire Hathaway and Waste Management

According to the trust’s second-quarter 13F regulatory disclosure, the foundation reduced its long-standing stake in Berkshire Hathaway by 14%.

The trust offloaded 2.4 million shares, leaving it with 14.7 million shares. This divestment slashed the holding’s overall market value by $818.9 million—dropping from $8.17 billion in the first quarter to $7.35 billion by June 30.

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The trust also trimmed its position in Waste Management, selling 921,600 shares, a 3% reduction, and lowering its stake value by $396.4 million to $5.96 billion.

Adding Home Depot and Logistics Stakes

Reallocating capital into new opportunities, the foundation trust established two brand-new positions during the quarter. Most notably, the trust acquired 1,000,000 shares of Home Depot, establishing a position valued at $352.7 million.

Additionally, it initiated a 1,192,181-share stake in FedEx Freight Holding Company Inc., worth $180 million.

Following its complete liquidation of Microsoft Corp. in the first quarter of 2026, the Gates Foundation Trust saw its total portfolio value climb from $31.67 billion across 22 holdings to $34.42 billion across 24 holdings at the end of the second quarter.

Portfolio Adjustments: Q1 2026 vs. Q2 2026

Company

Q1 2026 Shares

Q2 2026 Shares

Share Change

Q1 2026 Value ($000)

Q2 2026 Value ($000)

Value Change ($000)

Berkshire Hathaway

17,048,304

14,689,844

-2,358,460 (-14%)

$8,169,547

$7,350,651

-$818,896 (-10%)

Home Depot

1,000,000

+1,000,000 (NEW)

$352,680

+$352,680 (NEW)

FedEx Freight Holding

1,192,181

+1,192,181 (NEW)

$180,019

+$180,019 (NEW)

Waste Management

27,642,344

26,720,744

-921,600 (-3%)

$6,351,934

$5,955,519

-$396,415 (-6%)

How Has HD Performed In 2026?

Story Continues

HD shares fell 1.52% year-to-date, declined 15.35% over the last year, and 13.35% over the last six months. It closed 0.83% lower at $338.86 per share on Friday, and it was 0.32% lower in premarket trading on Monday.

Benzinga’s Edge Stock Rankings indicate that HD maintains a weak price trend in the long term but a strong trend in the short and medium terms, with a poor growth score.

Photo Courtesy: Alexandros Michailidis on Shutterstock

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Bill Gates’ Foundation Cut $800 Million in Q2 From Warren Buffett’s Berkshire Hathaway — Here’s Where It Put the Money Instead

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