Bill Gates’ Trust Sold Alibaba, Apple, and Uber Stock

The Bill and Melinda Gates Foundation Trust announced that it has sold all its shares of Chinese e-commerce giant Alibaba.

According to a filing with the Securities Exchange Commission (SEC) the securities sold at $232.73 a share, for a total of $128.56 million. The foundation earned $21.13 million on its investment due to the increase in value of the shares compared to Q1 2020.

The SEC report also stated that the foundation sold all its shares in Uber, and slashed its stake in Apple and Amazon. However, the foundation increased its stake in the Schrodinger software company by about 40%, from 4.98 million shares to 6.98 million shares; a total purchase of $316.13 million.

As of Q4 2020, the Bill and Melinda Gates Foundation Trust held 21 stocks, a total of $22.3 billion. The trust’s top five holdings include:

1. Berkshire Hathaway Inc. (BRK.B) – 42,104,399 shares, accounts for 43.7% of the total investment portfolio, with shares reduced by 10.61%.

2. Waste Management Inc. (WM) – 18,633,672 shares, accounts for 9.84% of the total investment portfolio.

3. Caterpillar Inc. (CAT) – 11,260,875 shares, accounts for 9.18% of the total investment portfolio.

4. Canadian National Railway Co (CNI) – 16,979,268 shares, accounts for 8.35% of total investment portfolio.

5. Walmart Inc. (WMT) – 11,603,000 shares, accounts for 7.49% of the total investment portfolio.

Added: Schrodinger Inc. (SDGR) – increased by 40.15%