Portfolio holdings of Michael Larson. Bill & Melinda Gates Foundation Trust's Portfolio. Michael Larson stock picks:
Stock Holdings
Michael Larson - Bill & Melinda Gates Foundation Trust

Period: Q4 2013
Portfolio date: 31 Dec 2013
No. of stocks: 18
Portfolio value: $20,050,949,000

Stock% of portfolioSharesRecent activityReported Price*
hist BRK.B - Berkshire Hathaway CL B 48.51 82,039,804 Reduce 5.74% $118.56
hist KO - Coca Cola Co. 7.01 34,002,000 $41.31
hist MCD - McDonald's Corp. 5.26 10,872,500 Add 10.13% $97.03
hist CAT - Caterpillar Inc. 5.10 11,260,857 Add 4.65% $90.81
hist CNI - Canadian Natl Railway Co. 4.87 17,126,874 $57.02
hist WMT - Wal-Mart Stores 4.55 11,603,000 Add 4.50% $78.69
hist WM - Waste Management Inc. 4.17 18,633,672 $44.87
hist XOM - Exxon Mobil Corp. 4.11 8,143,858 Add 6.54% $101.20
hist KOF - Coca-Cola FEMSA S A CV 3.77 6,214,719 $121.77
hist TV - Grupo Televisa SA 2.55 16,879,103 $30.26
hist ECL - Ecolab Inc. 2.27 4,366,425 $104.27
hist FDX - FedEx Corp. 2.17 3,024,999 $143.77
hist CCI - Crown Castle International Corp. 1.95 5,332,900 $73.43
hist BP - BP plc 1.77 7,315,267 Add 1.23% $48.61
hist LBTYA - Liberty Global Inc. 0.94 2,119,515 $88.99
hist AN - AutoNation Inc. 0.47 1,898,716 $49.69
hist LBTYK - Liberty Global Inc. C 0.30 706,507 $84.32
hist RSG - Republic Services 0.22 1,350,000 $33.20

* Reported Price is the price of the security on the portfolio date. This value is significant in that it indicates the portfolio manager's confidence in the stock at that price and suggests at least some level of undervaluation or margin of safety.

Sector % analysis

Financials 48.51

Industrials 11.66

Consumer Staples 11.56

Services 8.66

Consumer Discretionary 5.73

Energy 4.11

Materials 4.04

Consumer Goods 3.77

Technology 1.95

Articles & Commentaries

02 Apr 2014 Bill & Melinda Gates: Why giving away our wealth has been the most satisfying thing we've done

In 1993, Bill and Melinda Gates—then engaged—took a walk on a beach in Zanzibar, and made a bold decision on how they would make sure that their wealth from Microsoft went back into society. In a conversation with Chris Anderson, the couple talks about their work at the Bill & Melinda Gates Foundation, as well as about their marriage, their children, their failures and the satisfaction of giving most of their wealth away.


21 Jan 2014 Bloomberg interview with Bill Gates

Microsoft founder and Chairman Bill Gates and Bloomberg LP founder Michael Bloomberg discuss poverty and philanthropy


14 May 2012 Bill Gates at Berkshire Meeting

Microsoft founder Bill Gates talks to CNBC's Becky Quick at the annual Berkshire shareholder meeting in Omaha, Nebraska. He addresses Buffett's prostate cancer diagnosis, his feelings about the shareholder meeting, gold, and billionaires agreeing to give away their money.


13 May 2012 Ecolab CEO Flattered By Gates Firms' Investment Strategy
The Minneapolis-based manufacturer of soaps and sanitizing equipment on Monday revealed that it will allow the Microsoft Corp. (MSFT) co-founder's Cascade Investment LLC and the Bill and Melinda Gates Foundation Trust to acquire up to 25% of Ecolab's shares.
11 Dec 2011 People Person
Melinda Gates discusses her fight against global poverty.