Caterpillar retired 1.8% of its shares in twelve months, so this stake grew 1.8% without buying a share.
Superinvestors › Gates Foundation
Gates Foundation Trust · 13F for Q2 2026
Caterpillar retired 1.8% of its shares in twelve months, so this stake grew 1.8% without buying a share.
Waste Management retired 0.8% of its shares in twelve months, so this stake grew 0.8% without buying a share.
Deere & retired 0.3% of its shares in twelve months, so this stake grew 0.3% without buying a share.
Walmart retired 0.5% of its shares in twelve months, so this stake grew 0.5% without buying a share.
Fedex has retired 25.4% of its shares since its peak.
Home Depot has retired 57.5% of its shares since its peak.
McDonald's retired 0.6% of its shares in twelve months, so this stake grew 0.6% without buying a share.
Values as reported in the 13F at quarter end. See the Q2 2026 filing on EDGAR.
In the Q2 2026 13F, Gates Foundation Trust held CAT, WM, DE, WMT, FDX, HD, MCD. 7 of them are on the Buyback Radar leaderboard.
From Gates Foundation Trust's 13F filings with the SEC, the last eight quarters, amendments applied, options excluded. A 13F shows US-listed stock positions at quarter end and is filed up to 45 days later, so it is a record, not a live portfolio.
Caterpillar retired 1.8% of its shares in the last twelve months. That alone made every remaining share, including Gates Foundation's 6,353,614, 1.8% bigger as a slice of the company, without buying anything.
Gates Foundation’s moves in companies like these are covered on Cannibal Stocks.
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