GATES FOUNDATION TRUST: CATERPILLAR INC (CAT): Quarterly 13F Position History
As of Q1 2026, GATES FOUNDATION TRUST reported 6,353,614 shares of CATERPILLAR INC (CAT), worth $4.5B and representing 14.2% of its 13F equity book. The position first appeared in Q1 2016 and has been disclosed across 41 13F-HR filings in Pactolio's tracked window.
- 6,353,614Shares Held (Latest Filing)
- $4.5BReported Market Value (Latest Filing)
- 14.2%Portfolio Weight (% of 13F Equity Book)
- 0Quarter-over-Quarter Share Change
- +$861.5MQuarter-over-Quarter Value Change
- 11,260,857Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 41 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 6,353,614 | 0 | — | $4.5B | 14.2% | $708.5 |
| Q4 2025 | 6,353,614 | 0 | — | $3.6B | 10.3% | $572.9 |
| Q3 2025 | 6,353,614 | 1,000,000 | -13.6% | $3.0B | 8.3% | $477.1 |
| Q2 2025 | 7,353,614 | 0 | — | $2.9B | 6.0% | $388.2 |
| Q1 2025 | 7,353,614 | 0 | — | $2.4B | 5.8% | $329.8 |
| Q4 2024 | 7,353,614 | 0 | — | $2.7B | 6.3% | $362.8 |
| Q3 2024 | 7,353,614 | 0 | — | $2.9B | 6.4% | $391.1 |
| Q2 2024 | 7,353,614 | 0 | — | $2.4B | 5.1% | $333.1 |
| Q1 2024 | 7,353,614 | 0 | — | $2.7B | 5.9% | $366.4 |
| Q4 2023 | 7,353,614 | 0 | — | $2.2B | 5.1% | $295.7 |
| Q3 2023 | 7,353,614 | 0 | — | $2.0B | 5.2% | $273.0 |
| Q2 2023 | 7,353,614 | 0 | — | $1.8B | 4.3% | $246.1 |
| Q1 2023 | 7,353,614 | 0 | — | $1.7B | 4.6% | $228.8 |
| Q4 2022 | 7,353,614 | 0 | — | $1.8B | 4.9% | $239.6 |
| Q3 2022 | 7,353,614 | 0 | — | $1.2B | 3.5% | $164.1 |
| Q2 2022 | 7,353,614 | 0 | — | $1.3B | 7.4% | $178.8 |
| Q1 2022 | 7,353,614 | 2,331,518 | -24.1% | $1.6B | 8.3% | $222.8 |
| Q4 2021 | 9,685,132 | 0 | — | $2.0B | 8.7% | $206.7 |
| Q3 2021 | 9,685,132 | 471,624 | -4.6% | $1.9B | 8.0% | $192.0 |
| Q2 2021 | 10,156,756 | 0 | — | $2.2B | 9.3% | $217.6 |
| Q1 2021 | 10,156,756 | 1,104,101 | -9.8% | $2.4B | 11.2% | $231.9 |
| Q4 2020 | 11,260,857 | 0 | — | $2.0B | 9.2% | $182.0 |
| Q3 2020 | 11,260,857 | 0 | — | $1.7B | 7.6% | $149.2 |
| Q2 2020 | 11,260,857 | 0 | — | $1.4B | 8.0% | $126.5 |
| Q1 2020 | 11,260,857 | 0 | — | $1.3B | 7.5% | $116.0 |
| Q4 2019 | 11,260,857 | 0 | — | $1.7B | 7.8% | $147.7 |
| Q3 2019 | 11,260,857 | 0 | — | $1.4B | 6.7% | $126.3 |
| Q2 2019 | 11,260,857 | 0 | — | $1.5B | 7.7% | $136.3 |
| Q1 2019 | 11,260,857 | 0 | — | $1.5B | 7.3% | $135.5 |
| Q4 2018 | 11,260,857 | 0 | — | $1.4B | 6.5% | $127.1 |
| Q3 2018 | 11,260,857 | 0 | — | $1.7B | 6.7% | $152.5 |
| Q2 2018 | 11,260,857 | 0 | — | $1.5B | 6.9% | $135.7 |
| Q1 2018 | 11,260,857 | 0 | — | $1.7B | 6.8% | $147.4 |
| Q4 2017 | 11,260,857 | 0 | — | $1.8B | 6.7% | $157.6 |
| Q3 2017 | 11,260,857 | 0 | — | $1.4B | 5.5% | $124.7 |
| Q2 2017 | 11,260,857 | 0 | — | $1.2B | 5.2% | $107.5 |
| Q1 2017 | 11,260,857 | 0 | — | $1.0B | 5.5% | $92.8 |
| Q4 2016 | 11,260,857 | 0 | — | $1.0B | 5.5% | $92.7 |
| Q3 2016 | 11,260,857 | 0 | — | $999.6M | 5.4% | $88.8 |
| Q2 2016 | 11,260,857 | 0 | — | $853.7M | 5.1% | $75.8 |
| Q1 2016 | 11,260,857 | — | — | $861.9M | 5.0% | $76.5 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did GATES FOUNDATION TRUST first disclose a CAT position in 13F-HR filings?
GATES FOUNDATION TRUST first reported CATERPILLAR INC (CAT) on its 13F-HR filing for the period ending 2016-03-31 (Q1 2016). The position has appeared on 41 reported quarters within Pactolio's tracked window.
What was GATES FOUNDATION TRUST's most recent quarter-over-quarter share-count change in CAT?
GATES FOUNDATION TRUST held the same 6,353,614 shares of CAT between Q4 2025 and Q1 2026 — the reported share count was unchanged quarter-over-quarter.
Does the implied price-per-share represent GATES FOUNDATION TRUST's cost basis in CAT?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.