--- title: "Bill Gates’ Foundation Cut $800 Million in Q2 From Warren Buffett’s Berkshire Hathaway — Here’s Where It Put the Money Instead" type: "News" locale: "en" url: "https://longbridge.com/en/news/296101981.md" description: "The Gates Foundation Trust reduced its Berkshire Hathaway stake by 14% ($818.9 million) and trimmed Waste Management holdings in Q2 2026. Proceeds were reallocated into new positions: 1 million shares of Home Depot ($352.7 million) and 1.19 million shares of FedEx Freight ($180 million). This shift signals a move toward consumer retail and logistics infrastructure, increasing the total portfolio value to $34.42 billion." datetime: "2026-08-17T11:34:34.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296101981.md) - [en](https://longbridge.com/en/news/296101981.md) - [zh-HK](https://longbridge.com/zh-HK/news/296101981.md) generator: "portal-rs" --- # Bill Gates’ Foundation Cut $800 Million in Q2 From Warren Buffett’s Berkshire Hathaway — Here’s Where It Put the Money Instead **Bill Gates** and **Melinda French Gates**’ **Gates Foundation Trust** reshuffled its investment holdings in the second quarter of 2026, trimming its stake in **Warren Buffett’s** **Berkshire Hathaway** (NYSE:BRK) by more than $800 million while initiating a new position in **Home Depot** (NYSE:HD), signaling a shift toward consumer retail and logistics infrastructure. ## **Trimming Berkshire Hathaway and Waste Management** According to the trust’s second-quarter 13F regulatory disclosure, the foundation reduced its long-standing stake in Berkshire Hathaway by 14%. The trust offloaded 2.4 million shares, leaving it with 14.7 million shares. This divestment slashed the holding’s overall market value by $818.9 million—dropping from $8.17 billion in the first quarter to $7.35 billion by June 30. The trust also trimmed its position in **Waste Management** (NYSE:WM), selling 921,600 shares, a 3% reduction, and lowering its stake value by $396.4 million to $5.96 billion. **Read Also: Stanley Druckenmiller Just Made a Big Bet on IREN While Dumping Broadcom, Intel and Micron** ## **Adding Home Depot and Logistics Stakes** Reallocating capital into new opportunities, the foundation trust established two brand-new positions during the quarter. Most notably, the trust acquired 1,000,000 shares of Home Depot, establishing a position valued at $352.7 million. Additionally, it initiated a 1,192,181-share stake in **FedEx Freight Holding Company Inc.** (NYSE:FDXF), worth $180 million. Following its complete liquidation of **Microsoft Corp.** (NASDAQ:MSFT) in the first quarter of 2026, the Gates Foundation Trust saw its total portfolio value climb from $31.67 billion across 22 holdings to $34.42 billion across 24 holdings at the end of the second quarter. ## **Portfolio Adjustments: Q1 2026 vs. Q2 2026** **Company** **Q1 2026 Shares** **Q2 2026 Shares** **Share Change** **Q1 2026 Value ($000)** **Q2 2026 Value ($000)** **Value Change ($000)** Berkshire Hathaway 17,048,304 14,689,844 -2,358,460 (-14%) $8,169,547 $7,350,651 -$818,896 (-10%) Home Depot 0 1,000,000 +1,000,000 (NEW) $0 $352,680 +$352,680 (NEW) FedEx Freight Holding 0 1,192,181 +1,192,181 (NEW) $0 $180,019 +$180,019 (NEW) Waste Management 27,642,344 26,720,744 -921,600 (-3%) $6,351,934 $5,955,519 -$396,415 (-6%) ## **How Has HD Performed In 2026?** HD shares fell 1.52% year-to-date, declined 15.35% over the last year, and 13.35% over the last six months. It closed 0.83% lower at $338.86 per share on Friday, and it was 0.32% lower in premarket trading on Monday. **Benzinga’s Edge Stock Rankings** indicate that HD maintains a weak price trend in the long term but a strong trend in the short and medium terms, with a poor growth score. **Read Also: Stan Druckenmiller Says He 'Screwed It Up' With His Nvidia Holdings After Seeing 'Disturbingly Heated' Signals In Tech** *Photo Courtesy: Alexandros Michailidis on Shutterstock* ### Related Stocks - [FDXF.US](https://longbridge.com/en/quote/FDXF.US.md) - [BRK.B.US](https://longbridge.com/en/quote/BRK.B.US.md) - [BRK.A.US](https://longbridge.com/en/quote/BRK.A.US.md) - [HD.US](https://longbridge.com/en/quote/HD.US.md) - [WM.US](https://longbridge.com/en/quote/WM.US.md) - [BRKU.US](https://longbridge.com/en/quote/BRKU.US.md) - [BRKC.US](https://longbridge.com/en/quote/BRKC.US.md) - [BRKW.US](https://longbridge.com/en/quote/BRKW.US.md) - [07777.HK](https://longbridge.com/en/quote/07777.HK.md) - [MSFT.US](https://longbridge.com/en/quote/MSFT.US.md) - [IREN.US](https://longbridge.com/en/quote/IREN.US.md) - [AVGO.US](https://longbridge.com/en/quote/AVGO.US.md) - [INTC.US](https://longbridge.com/en/quote/INTC.US.md) - [MU.US](https://longbridge.com/en/quote/MU.US.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md) ## Related News & Research - [Home Depot CEO Takes Medical Leave. What This Means for HD Stock Ahead of Earnings.](https://longbridge.com/en/news/296027317.md) - [Home Depot declares quarterly dividend of $2.33 a share](https://longbridge.com/en/news/296531433.md) - [20:05 ETThe Home Depot anuncia un dividendo trimestral de 2,33 dólares](https://longbridge.com/en/news/296659582.md) - [Home Depot Posts Its Best Comparable Sales Since 2022](https://longbridge.com/en/news/296247603.md) - [Home Depot reaffirms guidance amid 'frozen housing market conditions'](https://longbridge.com/en/news/296221221.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**