GATES FOUNDATION TRUST: ECOLAB INC. (ECL): Quarterly 13F Position History
As of Q1 2026, GATES FOUNDATION TRUST reported 5,218,044 shares of ECOLAB INC. (ECL), worth $1.4B and representing 4.4% 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.
- 5,218,044Shares Held (Latest Filing)
- $1.4BReported Market Value (Latest Filing)
- 4.4%Portfolio Weight (% of 13F Equity Book)
- 0Quarter-over-Quarter Share Change
- +$18.3MQuarter-over-Quarter Value Change
- 5,218,044Peak 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 | 5,218,044 | 0 | — | $1.4B | 4.4% | $266.0 |
| Q4 2025 | 5,218,044 | 0 | — | $1.4B | 3.9% | $262.5 |
| Q3 2025 | 5,218,044 | 0 | — | $1.4B | 3.9% | $273.9 |
| Q2 2025 | 5,218,044 | 0 | — | $1.4B | 2.9% | $269.4 |
| Q1 2025 | 5,218,044 | 0 | — | $1.3B | 3.2% | $253.5 |
| Q4 2024 | 5,218,044 | 0 | — | $1.2B | 2.9% | $234.3 |
| Q3 2024 | 5,218,044 | 0 | — | $1.3B | 3.0% | $255.3 |
| Q2 2024 | 5,218,044 | 0 | — | $1.2B | 2.6% | $238.0 |
| Q1 2024 | 5,218,044 | 0 | — | $1.2B | 2.6% | $230.9 |
| Q4 2023 | 5,218,044 | 0 | — | $1.0B | 2.4% | $198.3 |
| Q3 2023 | 5,218,044 | 0 | — | $883.9M | 2.3% | $169.4 |
| Q2 2023 | 5,218,044 | 0 | — | $974.2M | 2.3% | $186.7 |
| Q1 2023 | 5,218,044 | 0 | — | $863.7M | 2.4% | $165.5 |
| Q4 2022 | 5,218,044 | +351,617 | +7.2% | $759.5M | 2.1% | $145.6 |
| Q3 2022 | 4,866,427 | +500,000 | +11.5% | $702.8M | 2.1% | $144.4 |
| Q2 2022 | 4,366,427 | 0 | — | $671.4M | 3.8% | $153.8 |
| Q1 2022 | 4,366,427 | 0 | — | $770.9M | 3.9% | $176.6 |
| Q4 2021 | 4,366,427 | 0 | — | $1.0B | 4.5% | $234.6 |
| Q3 2021 | 4,366,427 | 0 | — | $910.9M | 3.9% | $208.6 |
| Q2 2021 | 4,366,427 | +1 | +0.0% | $899.4M | 3.8% | $206.0 |
| Q1 2021 | 4,366,426 | 0 | — | $934.7M | 4.5% | $214.1 |
| Q4 2020 | 4,366,426 | 0 | — | $944.7M | 4.2% | $216.4 |
| Q3 2020 | 4,366,426 | 0 | — | $872.6M | 4.0% | $199.8 |
| Q2 2020 | 4,366,426 | 0 | — | $868.7M | 4.9% | $198.9 |
| Q1 2020 | 4,366,426 | 0 | — | $680.4M | 3.9% | $155.8 |
| Q4 2019 | 4,366,426 | 0 | — | $842.7M | 3.9% | $193.0 |
| Q3 2019 | 4,366,426 | 0 | — | $864.7M | 4.1% | $198.0 |
| Q2 2019 | 4,366,426 | 0 | — | $862.1M | 4.3% | $197.4 |
| Q1 2019 | 4,366,426 | 0 | — | $770.8M | 3.7% | $176.5 |
| Q4 2018 | 4,366,426 | 0 | — | $643.4M | 2.9% | $147.3 |
| Q3 2018 | 4,366,426 | 0 | — | $684.6M | 2.7% | $156.8 |
| Q2 2018 | 4,366,426 | 0 | — | $612.7M | 2.8% | $140.3 |
| Q1 2018 | 4,366,426 | 0 | — | $598.5M | 2.4% | $137.1 |
| Q4 2017 | 4,366,426 | 0 | — | $585.9M | 2.2% | $134.2 |
| Q3 2017 | 4,366,426 | 0 | — | $561.6M | 2.2% | $128.6 |
| Q2 2017 | 4,366,426 | 0 | — | $579.6M | 2.5% | $132.8 |
| Q1 2017 | 4,366,426 | 0 | — | $547.3M | 2.9% | $125.3 |
| Q4 2016 | 4,366,426 | 0 | — | $511.8M | 2.7% | $117.2 |
| Q3 2016 | 4,366,426 | 0 | — | $531.5M | 2.9% | $121.7 |
| Q2 2016 | 4,366,426 | 0 | — | $517.9M | 3.1% | $118.6 |
| Q1 2016 | 4,366,426 | — | — | $486.9M | 2.8% | $111.5 |
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 ECL position in 13F-HR filings?
GATES FOUNDATION TRUST first reported ECOLAB INC. (ECL) 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 ECL?
GATES FOUNDATION TRUST held the same 5,218,044 shares of ECL 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 ECL?
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.