Bill Gates' $6.8 Billion Stake in Caterpillar Yields $2.3 Billion Gain
Bill Gates has earned a paper profit of approximately $2.27 billion from his long position in Caterpillar (CAT), which was previously shorted by Michael Burry, the investor known for predicting the 2008 housing crash. As of June 30, 2026, the Bill & Melinda Gates Foundation Trust held around 6.35 million shares valued at $6.77 billion — up from $4.5 billion in March 2026 according to a Q2 filing. Caterpillar has returned over 100% year-to-date despite recent declines following an all-time high of nearly $1,073 per share. Caterpillar's strong performance is attributed to robust demand driven by infrastructure and AI-related construction projects. The company reported record quarterly sales of $20.5 billion in Q2 2026 — the first time it has surpassed that threshold — with adjusted earnings per share at $8.17.
Tickers: $CAT
Topics: Bill Gates Caterpillar (CAT) Long Positions Michael Burry Short Selling