Bill & Melinda Gates Foundation just reported their third
quarter portfolio. The portfolio is managed by Michael Larson,
who also manages
Bill Gates
' personal portfolio. During the third quarter, Gates Foundation
buys Procter & Gamble Co, sells Autonation Inc. As of
09/30/2012, Bill & Melinda Gates Foundation Trust owns 28
stocks with a total value of $17.3 billion. These are the details
of the buys and sells.
This is the portfolio chart of
Bill Gates
. You can click on the legend of the chart to show/hide buys,
sells, or holdings. Each ball on the chart represents a position
in the portfolio. You can move your mouse on the balls to see the
details of each position and click to see the details of all guru
trades with this position.
- New Purchases:
PG
,
- Added Positions:
BRK.B
,
- Reduced Positions:
AN
,
For the details of
Bill Gates
's stock buys and sells, go to
http://www.gurufocus.com/StockBuy.php?GuruName=Bill+Gates
This is the sector weightings of his portfolio:
|
Financials
|
47.5% |
|
Consumer Services
|
16.9% |
|
Industrials
|
15.9% |
|
Consumer Goods
|
10% |
|
Oil & Gas
|
5.7% |
|
Technology
|
2% |
|
Basic Materials
|
1.6% |
|
Health Care
|
0.2% |
These are the top 5 holdings of Bill Gates
- Berkshire Hathaway Inc (
BRK.B
) - 93,331,373 shares, 47.5% of the total portfolio. Shares
added by 14.93%
- McDonald's Corporation (
MCD
) - 9,872,500 shares, 5.2% of the total portfolio.
- Coca-Cola Co (
KO
) - 23,364,000 shares, 5.1% of the total portfolio.
- Caterpillar Inc (
CAT
) - 10,260,857 shares, 5.1% of the total portfolio. Shares
added by 1.69%
- Coca-Cola Femsa, S.A.B. De C.V. (
KOF
) - 6,214,719 shares, 4.6% of the total portfolio.
New Purchase: Procter & Gamble Co (
PG
)
Bill Gates initiated holdings in Procter & Gamble Co. His
purchase prices were between $61.01 and $69.59, with an estimated
average price of $65.9. The impact to his portfolio due to this
purchase was 0.05%. His holdings were 113,435 shares as of
09/30/2012. The Procter & Gamble Company is engaged in the
manufacture and sale of a range of branded consumer packaged
goods. Procter & Gamble Co has a market cap of $184.78
billion; its shares were traded at around $66.04 with a P/E ratio
of 17.1 and P/S ratio of 2.2. The dividend yield of Procter &
Gamble Co stocks is 3.3%. Procter & Gamble Co had an annual
average earnings growth of 6.5% over the past 10 years.
Procter & Gamble has shown consistent revenue and earnings
growth in its long history. At its current size, the consumer
staples giant still grows it revenue per share by 10% a year.
GuruFocus ranks the company the business predictability of 4.5
star. The company is now traded at its low end of the historical
P/E ratio, as shown below:
PG data byGuruFocus.com
Reduced: Autonation Inc (
AN
)
Bill Gates reduced to his holdings in Autonation Inc by 20.84%.
His sale prices were between $36.56 and $43.67, with an estimated
average price of $40.18. The impact to his portfolio due to this
sale was -0.11%. Bill Gates still held 1,898,716 shares as of
09/30/2012. AutoNation, Inc. is the one of the largest automotive
retailers in the United States. Autonation Inc has a market cap
of $4.93 billion; its shares were traded at around $39.73 with a
P/E ratio of 17.1 and P/S ratio of 0.4. Autonation Inc had an
annual average earnings growth of 4.9% over the past 10 years.
Contrary to PG, AutoNation is traded at the historical high
valuations as measured by P/E ratio:
PG data byGuruFocus.com
and historical high P/B ratio:
PG data byGuruFocus.com
Here is the complete portfolio of Bill Gates. Also check out:
1. Bill Gates's Undervalued Stocks
2. Bill Gates's Top Growth Companies, and
3. Bill Gates's High Yield stocksAbout GuruFocus: GuruFocus.com
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.