The Bill & Melinda Gates Foundation Trust sold its entire remaining stake in Microsoft. This final position was valued at approximately $3.2 billion. A Q1 2026 SEC filing disclosed the transaction. The trust liquidated its final 7.7 million shares. This move concludes a phased divestment that began in late 2023.
The sale supports a diversification strategy for the foundation’s $33 billion portfolio. The move aligns with a plan to spend the endowment and cease operations by 2045. Berkshire Hathaway and Waste Management now represent the trust's largest holdings. These two companies constitute approximately 43% of the total portfolio.
This divestment does not affect Bill Gates’ personal holdings. Gates still owns approximately 103 million Microsoft shares.