MUTUAL FUND ::  Bill & Melinda Gates Foundation:

Last updated

Portfolio - Key Facts:
As of date: June 30, 2009

Proper name of fund:

Bill & Melinda Gates Foundation Trust
Trading symbol: n/a - This is a private charitable foundation.
Management Fees: n/a %
Distribution (12b-1) Fees: n/a %
Other Expenses: n/a %
Total Fund Operating Expenses: n/a %
# of Stocks in Portfolio: 38
Portfolio Value: $ 3.87 billion
# of New Buys: 7
# of New Sells: 28
About The Portfolio Manager: William Henry "Bill" Gates III is an American business magnate, philanthropist, author, and chairman of Microsoft, the software company he founded with Paul Allen.

He is ranked consistently one of the world's wealthiest people and the second wealthiest overall as of 2009.

During his career at Microsoft, Gates held the positions of CEO and chief software architect, and remains the largest individual shareholder with more than 8 percent of the common stock. He has also authored or co-authored several books.

Gates is one of the best-known entrepreneurs of the personal computer revolution. Although he is admired by many, a number of industry insiders criticize his business tactics, which they consider anti-competitive, an opinion which has in some cases been upheld by the courts (see Criticism of Microsoft). In the later stages of his career, Gates has pursued a number of philanthropic endeavors, donating large amounts of money to various charitable organizations and scientific research programs through the Bill & Melinda Gates Foundation, established in 2000.

Bill Gates stepped down as chief executive officer of Microsoft in January, 2000. He remained as chairman and created the position of chief software architect. In June, 2006, Gates announced that he would be transitioning from full-time work at Microsoft to part-time work and full-time work at the Bill & Melinda Gates Foundation.

Excerpt from prospectus/fund overview:
The Global Development Program was created in 2006 with the goal of increasing opportunities for people in developing countries to lift themselves out of hunger and poverty.

The statistics are sobering: Approximately 1 billion people live in chronic hunger, and more than 1 billion live in extreme poverty. Yet we are convinced that hunger and poverty are solvable problems. Progress—on a large scale—is possible.

We’ve picked a few areas of focus where we think we can have the greatest impact, and we have spent the past few years developing and beginning to execute on our strategies for these areas.

In this regard, 2008 was a year of significant progress for us. We now have strong teams and solid strategies in place for each of the four areas we’ve chosen: Agricultural Development, Financial Services for the Poor, Policy and Advocacy, and Special Initiatives. Each of these initiatives makes grants to attack the major causes of hunger and poverty at their root.

Still, unquestionably, 2008 was a year of painful setbacks in the broader view of hunger and poverty—and for the people our program aims to serve. A food security crisis pushed millions of people deeper into hunger and poverty. And the global financial crisis threatens to slow growth in developing countries and to cut into aid budgets in developed countries.

We believe 2008 will be remembered as a turning point in the world’s efforts to address hunger and poverty. We are committed to helping ensure that the challenges of the past year strengthen, and not weaken, the world’s resolve to solve them.

On the following pages are a few examples of how we’re working to help people in developing countries overcome hunger and poverty and why we’re optimistic about what we can achieve together with the many partners who share our passion for this cause.

Official website for more information:
Current Portfolio - Specific Stocks:
As of date: June 30, 2009

Current Portfolio:

AutoNation Inc. (AN)
America Movil (AMX)
Bank Of Florida Corp. (BOFL)
Berkshire Hathaway Inc. Hld B (BRK-B)
BP plc (BP*)
Cabot Oil & Gas Corp. (COG)
Canadian National Railway Company (CNI)
Caterpillar Inc. (CAT)
Coca-Cola (KO)
Coca-Cola Enterprises Inc. (CCE)
Coca-Cola FEMSA (KOF)
Costco (COST)
Crown Castle Intl. (CCI)
CSX Corp. (CSX)
Daimler A.G. (DAI)
Devon Energy (DVN*)
Dick's Sporting Goods Inc. (DKS)
Eastman Kodak (EK)
Expeditors International (EXPD)
Exxon Mobil (XOM)
FedEx Corporation (FDX)
Grupo Televisa SA (TV)
Home Depot (HD*)
IAC/InterActiveCorp (IACI)
McDonald's (MCD)
M&T Bank Corp. (MTB)
Peabody Energy Corp. (BTU)
Progressive Corp. (PGR)
Range Resources Corp. (RRC)
Republic Services Inc. (RSG)
Seattle Genetics, Inc. (SGEN)
Tractor Supply Company (TSCO)
Viacom, Inc. (VIA-B)
Waste Management (WMI)
Wal-Mart (WMT)
XTO Energy Inc. (XTO)

See all CURRENT stocks in Yahoo! Finance here >>

New Stocks Added:
America Movil (AMX)
Cabot Oil & Gas Corp. (COG)
CSX Corp. (CSX)
Devon Energy (DVN*)
M&T Bank Corp. (MTB)
Range Resources Corp. (RRC)
XTO Energy Inc. (XTO)

See all NEW stocks in Yahoo! Finance here >>

Stocks Sold Out Of:
Abbott Laboratories (ABT*)
Ardea Biosciences, Inc. (RDEA)
Allos Therapeutics, Inc. (ALTH)
AMAG Pharmaceuticals, Inc. (AMAG)
ARYx Therapeutics, Inc. (ARYX)
Auxilium Pharmaceuticals, Inc. (AUXL)
Baxter International Inc. (BAX)
BioMarin Pharmaceutical Inc. (BMRN)
China Medical Technologies (CMED)
Cox Radio Inc. (CXR)
Eli Lilly & Co. (LLY)
EnteroMedics Inc. (ETRM)
Incyte Corporation (INCY)
InterMune Inc. (ITMN)
Johnson & Johnson (JNJ)
MAP Pharmaceuticals, Inc. (MAPP)
Merck (MRK)
Orexigen Therapeutics, Inc. (OREX)
Pharmasset, Inc. (VRUS)
Pfizer (PFE)
Regeneron Pharmaceuticals, Inc. (REGN)
Schering-Plough (SGP)
Teva Pharmaceutical Industries Ltd. (TEVA)
Vertex Pharmaceuticals (VRTX)
Wyeth Pharmaceuticals (WYE)
XenoPort, Inc. (XNPT)

Back To List of Mutual Funds >>


Last updated

*Also owned for Jim Cramer's Charitable Trust Portfolio. Note that Jim trades frequently, so check the site for current portfolio here>>


Free Mad Money Recap
(Updated nightly with Jim Cramer's complete comments and stock recommendations - verbatim)
Jim Cramer's Charitable Trust Portfolio of Stocks
Bill & Melinda Gates Foundation Stock Portfolio

Bill Gates, Philanthropist & Investor
Co-Founder of Microsoft Corporation
Cascade Investment, LLC

Related Financial Links


Warren Buffett's Portfolio
(list of Warren Buffett's stock holdings)
Mad Money Portfolios...
New! (We're trying to track Jim's special baskets of stocks and indexes that he creates)
Jim's Charitable Trust Stocks
(see latest stock holdings by Jim and what he's buying and selling for his Trust)
Free Stock Homework
(free stock research tool)
(list of all Dow 30 stocks)
(list of all Nasdaq 100 stocks)
Action Alerts Plus - Jim Cramer
Get Jim Cramer's daily email alerts BEFORE he trades - Great service!...


Important disclaimer:
  This site is not associated with any mutual fund company, financial or investing institution or fund manager, or any of their business interests or websites, or any television broadcast company, or website entity.  Accuracy of this information is attempted, but is not guaranteed.  Do not use this site to make your financial investing decisions.  Consult a professional financial advisor.  This site simply reports information that is readily available as public information.

© 2009 
  Terms of Use  ●  Privacy Policy