Cascade Investment (Gates)
Cascade Investment is the family office of Microsoft co-founder Bill Gates, managing approximately $224 billion in assets with a focused portfolio of 74 positions. The fund is known for its concentrated approach to large-cap equity investments, with significant exposure to broad market ETFs like QQQ and SPY, reflecting a preference for diversified technology and market-wide exposure.
AUM: $224.0B·74 positions·Q4 2025
Filed: Jan 27, 2026
CIK: 0001802994
Top 10 Holdings
Notable Moves
Fund Analysis
Cascade Investment (Gates) is classified as a Other Institutional fund with $224.0B in AUM across 74 positions. With a quarterly turnover of unknown and an HHI of unknown, this is a unknown concentration, unknown activity portfolio. This quarter saw 0 new positions and 0 exits.
Analysis generated Apr 5, 2026
All Holdings
| # | Stock | Value | % Port. | Chg | |
|---|---|---|---|---|---|
| 1 | $45.6T | 17.8% | -1.1% | ▼ | |
| 2 | $39.0T | 15.3% | +0.1% | ▼ | |
| 3 | $25.6T | 10.0% | +0.5% | ▼ | |
| 4 | $24.3T | 9.5% | +0.5% | ▼ | |
| 5 | $16.2T | 6.3% | -1.4% | ▼ | |
| 6 | $14.7T | 5.8% | +0.0% | ▼ | |
| 7 | $11.4T | 4.5% | -1.6% | ▼ | |
| 8 | $8.0T | 3.1% | +1.1% | ▼ | |
| 9 | $5.7T | 2.2% | +8.7% | ▼ | |
| 10 | $5.3T | 2.1% | +1.9% | ▼ | |
| 11 | $4.1T | 1.6% | +0.6% | ▼ | |
| 12 | $3.7T | 1.4% | -4.2% | ▼ | |
| 13 | $3.0T | 1.2% | +0.4% | ▼ | |
| 14 | $2.8T | 1.1% | -0.3% | ▼ | |
| 15 | $2.4T | 0.9% | +0.6% | ▼ | |
| 16 | $2.4T | 0.9% | +0.2% | ▼ | |
| 17 | $2.4T | 0.9% | +0.2% | ▼ | |
| 18 | $2.3T | 0.9% | +1.0% | ▼ | |
| 19 | $1.8T | 0.7% | -0.7% | ▼ | |
| 20 | $1.8T | 0.7% | -3.1% | ▼ | |
| 21 | $1.7T | 0.7% | -0.6% | ▼ | |
| 22 | $1.4T | 0.6% | +0.1% | ▼ | |
| 23 | $1.1T | 0.4% | 0.0% | ▼ | |
| 24 | $1.1T | 0.4% | -0.3% | ▼ | |
| 25 | $1.1T | 0.4% | +16.4% | ▼ | |
| 26 | $1.0T | 0.4% | +0.3% | ▼ | |
| 27 | $1.0T | 0.4% | 0.0% | ▼ | |
| 28 | $969.6B | 0.4% | -1.7% | ▼ | |
| 29 | $948.5B | 0.4% | +5.4% | ▼ | |
| 30 | $947.7B | 0.4% | -6.9% | ▼ | |
| 31 | $929.2B | 0.4% | +0.4% | ▼ | |
| 32 | $924.5B | 0.4% | +901.0% | ▼ | |
| 33 | $864.5B | 0.3% | -0.4% | ▼ | |
| 34 | $857.6B | 0.3% | +0.2% | ▼ | |
| 35 | $769.3B | 0.3% | +1.4% | ▼ | |
| 36 | $736.8B | 0.3% | -0.6% | ▼ | |
| 37 | $708.0B | 0.3% | +0.4% | ▼ | |
| 38 | $655.8B | 0.3% | +0.1% | ▼ | |
| 39 | $653.9B | 0.3% | 0.0% | ▼ | |
| 40 | $616.4B | 0.2% | -0.3% | ▼ | |
| 41 | $614.4B | 0.2% | -7.6% | ▼ | |
| 42 | INTANEW | $613.9B | 0.2% | — | ▼ |
| 43 | $603.5B | 0.2% | 0.0% | ▼ | |
| 44 | $599.5B | 0.2% | +0.3% | ▼ | |
| 45 | $598.6B | 0.2% | +1.8% | ▼ | |
| 46 | $570.7B | 0.2% | 0.0% | ▼ | |
| 47 | $570.3B | 0.2% | +0.5% | ▼ | |
| 48 | $562.7B | 0.2% | +69.6% | ▼ | |
| 49 | $518.1B | 0.2% | 0.0% | ▼ | |
| 50 | $500.8B | 0.2% | +0.5% | ▼ | |
| 51 | $490.5B | 0.2% | +0.4% | ▼ | |
| 52 | $425.8B | 0.2% | +0.0% | ▼ | |
| 53 | $408.5B | 0.2% | +0.2% | ▼ | |
| 54 | $407.1B | 0.2% | +0.6% | ▼ | |
| 55 | $375.6B | 0.1% | +0.2% | ▼ | |
| 56 | $375.2B | 0.1% | 0.0% | ▼ | |
| 57 | $348.6B | 0.1% | 0.0% | ▼ | |
| 58 | $341.6B | 0.1% | 0.0% | ▼ | |
| 59 | $338.3B | 0.1% | +0.8% | ▼ | |
| 60 | $334.8B | 0.1% | +0.9% | ▼ | |
| 61 | $332.4B | 0.1% | -5.9% | ▼ | |
| 62 | $313.2B | 0.1% | 0.0% | ▼ | |
| 63 | $312.6B | 0.1% | +0.2% | ▼ | |
| 64 | $310.4B | 0.1% | +50.0% | ▼ | |
| 65 | $303.1B | 0.1% | 0.0% | ▼ | |
| 66 | $290.2B | 0.1% | -14.0% | ▼ | |
| 67 | MUNEW | $285.4B | 0.1% | — | ▼ |
| 68 | $276.7B | 0.1% | +0.4% | ▼ | |
| 69 | $242.1B | 0.1% | -4.6% | ▼ | |
| 70 | $240.1B | 0.1% | 0.0% | ▼ | |
| 71 | $237.0B | 0.1% | 0.0% | ▼ | |
| 72 | $233.0B | 0.1% | +0.0% | ▼ | |
| 73 | $231.4B | 0.1% | 0.0% | ▼ | |
| 74 | $220.3B | 0.1% | +1.1% | ▼ | |
| 75 | $216.3B | 0.1% | 0.0% | ▼ | |
| 76 | AMDNEW | $215.0B | 0.1% | — | ▼ |
Showing 76 of 76 positions
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Stocks in Common
Holdings reflect 13F filings with the SEC — quarterly disclosures required of institutional managers with $100M+ in AUM. Positions are as of quarter-end and may have changed significantly since filing. See full disclaimer.