WELLCOME TRUST 13F: Quarter-over-Quarter Portfolio Changes
WELLCOME TRUST reported a disclosed portfolio value of approximately $9.0 billion in its latest SEC Form 13F-HR filing for Q2 2026, up 11.3% quarter on quarter. Over the quarter, the foundation bought more shares in 2 holdings and exited 1 position.
WELLCOME TRUST's top buy was Microsoft (MSFT) . The foundation bought 13.0% more shares, lifting the position's portfolio weight by 0.2 percentage points. Its top sell was Medline INC (MDLN) . The foundation exited the position completely after it had accounted for 0.1% of the previous portfolio.
Top BuysQ2 2026
The foundation's top buys among existing positions in Q2 2026. Ranked by portfolio-weight impact, with the percentage of additional shares shown separately.
| Company | Ticker | Portfolio Weight Change | More Shares | History |
|---|---|---|---|---|
| MICROSOFT | MSFT | +0.2% | +13.0% | History → |
| MASTERCARD INCORPORATED | MA | +-0.0% | +7.1% | Holders → |
Full ExitsQ2 2026
Positions present in the prior 13F-HR filing that no longer appear in Q2 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| MEDLINE INC | MDLN | 0.1% |
Net Portfolio Value ChangeQ2 2026
- $8.1BPrior quarter
- $9.0BCurrent quarter
- +$0.9BNet delta
- +11.3%% change
Methodology & FAQ
How WELLCOME TRUST Quarterly Changes Are Computed
All deltas are sourced from sequential SEC Form 13F-HR filings for WELLCOME TRUST: each row joins the most recent filing against the immediately preceding quarterly filing for the same fund. Share-count changes reflect reported trading activity, while portfolio weights can also move because of market price changes. Portfolio weights are normalized to exclude listed options for comparability. A complete description — including how confidential treatment filings are handled — is documented in the Methodology.
What stocks did WELLCOME TRUST buy in Q2 2026?
In Q2 2026, WELLCOME TRUST bought more shares of MICROSOFT (MSFT), MASTERCARD INCORPORATED (MA).
What stocks did WELLCOME TRUST sell in Q2 2026?
In Q2 2026, WELLCOME TRUST fully sold 1 position (MEDLINE INC (MDLN)).
Which positions did WELLCOME TRUST initiate in Q2 2026?
WELLCOME TRUST established no new positions in Q2 2026.
Which existing positions saw the largest allocation increases for WELLCOME TRUST in Q2 2026?
Of 2 existing positions with share-count increases in Q2 2026, the largest were: MICROSOFT (MSFT, +0.2% weight, +13.0% shares), MASTERCARD INCORPORATED (MA, +-0.0% weight, +7.1% shares).
Which positions did WELLCOME TRUST fully exit in Q2 2026?
WELLCOME TRUST fully exited 1 position in Q2 2026: MEDLINE INC (MDLN, last-reported weight 0.1%).
Which existing positions saw the largest allocation reductions for WELLCOME TRUST in Q2 2026?
WELLCOME TRUST reported no material allocation reductions in existing positions in Q2 2026.
Do quarter-over-quarter 13F allocation changes constitute explicit trading signals?
No. Quarter-over-quarter changes reflect a combination of active trading and market price movement. A weight increase can result from price appreciation alone, without the manager adding shares. Share-count delta is the cleaner indicator of explicit trading activity. All deltas on this page are sourced from sequential SEC Form 13F-HR filings.