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Gates Foundation Trust adds $352.7M stake in Home Depot
The trust also reduced its Berkshire Hathaway stake by about $818 million while opening a new position in FedEx Freight Holding worth about $180 million, according to its latest 13F filing.
The Bill and Melinda Gates Foundation Trust disclosed a major shift in its latest 13F, adding a new position in The Home Depot valued at $352.7 million, according to Yahoo Finance. At the same time, the trust cut its stake in Berkshire Hathaway by about $818 million, the outlet said. Yahoo Finance reported the trust now holds 1 million shares of Home Depot, describing it as a meaningful opening position within a portfolio that totals $34.42 billion in managed 13F securities. Yahoo Finance also noted that the trust opened a new position in FedEx Freight Holding Company valued at approximately $180 million in the same quarter. The outlet framed the moves as a rotation toward companies it says may benefit from domestic economic activity and physical asset maintenance rather than purely financial holdings. The Home Depot is positioned as a long-duration bet tied to the housing stock, the outlet said, referencing that the retailer reported Q2 fiscal 2026 results on Aug. 18. The rest of the article text appears truncated after that point.