BILL & MELINDA GATES FOUNDATION TRUST Information

2365 CARILLON POINT, KIRKLAND, Washington, 98033, (425) 889-7900

Report Date: 12/31/2013

Position Statistics

Total Positions 22
New Positions 0
Increased Positions 5
Decreased Positions 5
Positions with Activity 10
Sold Out Positions 4
Total Mkt Value (in $ millions) 20,750

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials 0%
Capital Goods 5.59%
Conglomerates
Consumer Cyclical 0%
Consumer/Non-Cyclical 12.25%
Energy 5.63%
Financial 49.82%
Healthcare
Services 20.12%
Technology
Transportation 6.6%
Utilities

22 Positions as of 12/31/2013

Company Class Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) ▲ Shares Held
AIR PRODS & CHEMS INC COM -114,322 Sold Out 0
DIAMOND FOODS INC COM -14,122 Sold Out 0
PROCTER & GAMBLE CO COM -122,475 Sold Out 0
TOYOTA MOTOR CORP SP ADR REP2COM -16,628 Sold Out 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 10,337,015 -630,000 (5.74) 82,039,804
AUTONATION INC COM 102,208 New 1,898,716
CANADIAN NATL RY CO COM 964,586 New 17,126,874
COCA COLA CO COM 1,380,141 New 34,002,000
COCA COLA FEMSA S A B DE C V SPON ADR REP L 695,303 New 6,214,719
CROWN CASTLE INTL CORP COM 394,635 New 5,332,900
ECOLAB INC COM 467,338 New 4,366,425
FEDEX CORP COM 404,594 New 3,024,999
GRUPO TELEVISA SA SPON ADR REP ORD 557,517 New 16,879,103
LIBERTY GLOBAL PLC SHS CL C 211,782 New 5,549,850
LIBERTY GLOBAL PLC SHS CL A 82,873 New 2,119,515
REPUBLIC SVCS INC COM 47,061 New 1,350,000
WASTE MGMT INC DEL COM 785,596 New 18,633,672
BP PLC SPONSORED ADR 353,986 4,306 1.23 7,315,267
WAL-MART STORES INC COM 895,984 38,610 4.50 11,603,000
CATERPILLAR INC DEL COM 1,159,080 51,465 4.65 11,260,857