Gates Foundation Divests $800M from Berkshire Hathaway in Q2; Adds Home Depot Stake
The Gates Foundation Trust reduced its stake in Warren Buffett's Berkshire Hathaway by over $800 million during the second quarter of 2026, trimming shares by 14%. The foundation also cut a position in Waste Management. In contrast, it added new investments in Home Depot and FedEx Freight Holding Company Inc., signaling a strategic shift toward consumer retail and logistics sectors. The divestment from Berkshire Hathaway brought the trust's total holdings value to $34.42 billion across 24 stocks at quarter-end, up slightly from Q1’s $31.67 billion despite selling Microsoft shares in early 2026. The foundation now holds a new position worth over $350 million in Home Depot and nearly $180 million in FedEx Freight. Home Depot's stock has underperformed this year, falling more than 15% from the previous year as of late July 2026.
Topics: Berkshire Hathaway Bill Gates Foundation FedEx Freight Holding Company Inc. Home Depot Waste Management