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6.64% of Bill & Melinda Gates Foundation portfolio is held in Coca-Cola (NYSE:KO) shares. [1] 48.61% of the portfolio is held in Berkshire Hathaway (NYSE:BRK.B

by vnignvc 12y ago

6.64% of Bill & Melinda Gates Foundation portfolio is held in Coca-Cola (NYSE:KO) shares. [1] 48.61% of the portfolio is held in Berkshire Hathaway (NYSE:BRK.B) which allocates 14.62% of its holdings to Coca-Cola. [2] "Bill Gates' Cascade Investment has disclosed a significant position in Coca-Cola FEMSA, S.A.B. de C.V. (ADR) (NYSE:KOF). According to a newly amended filing with the SEC, Cascade Investment holds a total of some 25.79 million series L shares of the company, equal to 5.3% of the outstanding stock. Mr. Gates, via Cascade and Bill & Melinda Gates Foundation Trust is deemed to own around 88.01 million shares, or 17.7% of the class. In an earlier filing, Mr. Gates' position in Coca-Cola FEMSA amassed 87.84 million shares, or 19.2% of the outstanding stock." [3] [1] http://www.j3sg.com/Reports/Stock-Insider/Generate-Institution-Portfolio.php?institutionid=4952&DV=yes http://www.j3sg.com/Reports/Stock-Insider/Generate-Instituti... [2] http://www.j3sg.com/Reports/Stock-Insider/Generate-Institution-Portfolio.php?institutionid=4005&DV=yes http://www.j3sg.com/Reports/Stock-Insider/Generate-Instituti... [3] http://www.insidermonkey.com/blog/bill-gates-cascade-investment-reports-big-position-in-coca-cola-femsa-s-a-b-de-c-v-adr-kof-320162 http://www.insidermonkey.com/blog/bill-gates-cascade-investm...

bluthru 12y ago
I'm really disappointed by that. Gates shouldn't be promoting beverages that promote obesity, type 2 diabetes, and tooth decay.
- lifeformed 12y ago
  Maybe the money he makes off of their stock is used for more good than the harm that comes from his investment in them.
  - FranOntanaya 12y ago
    "Net goodness" is a slippery slope.
  - bluthru 12y ago
    I think he has enough money to not profit off of making people unhealthy.
hkmurakami 12y ago
Interesting that it holds BRK.B shares rather than BRK.A shares. Is this because the foundation assessed that they would move the market less when buying BRK.B instead of BRK.A?
- saalweachter 12y ago
  The principle difference between BRK.A and BRK.B is voting rights. If you don't intend to exercise your voting rights (or don't need to -- if Bill Gates has a concern about how Berkshire Hathaway is being run, you don't think he can just call Warren Buffett up and have a chat?) why would you pay the premium for voting shares?

by vnignvc 12y ago

bluthru 12y ago

I'm really disappointed by that. Gates shouldn't be promoting beverages that promote obesity, type 2 diabetes, and tooth decay.

lifeformed 12y ago
Maybe the money he makes off of their stock is used for more good than the harm that comes from his investment in them.
- FranOntanaya 12y ago
  "Net goodness" is a slippery slope.
- bluthru 12y ago
  I think he has enough money to not profit off of making people unhealthy.

hkmurakami 12y ago

Interesting that it holds BRK.B shares rather than BRK.A shares. Is this because the foundation assessed that they would move the market less when buying BRK.B instead of BRK.A?

saalweachter 12y ago
The principle difference between BRK.A and BRK.B is voting rights. If you don't intend to exercise your voting rights (or don't need to -- if Bill Gates has a concern about how Berkshire Hathaway is being run, you don't think he can just call Warren Buffett up and have a chat?) why would you pay the premium for voting shares?