Before the 2000 tech bubble, Bill Gates sold a significant portion of his Microsoft shares and diversified. In Cooper Academy’s latest video they examine Bill Gates’ current portfolio. In the video Cooper explains why Gates likely owns Canadian National Railway and other top dividend paying stocks.
Bill Gates Loves Berkshire Hathaway
A whopping 50.61% of Bill’s investments are in one stock: Berkshire Hathaway Series 1. Run by his great friend, Warren Buffett, it makes sense that this is his largest holding.
Berkshire has many wholly-owned companies including Duracell, Geico, and Benjamin Moore to name a few. It also owns significant stakes in many of America’s largest companies from Apple to IBM and United Airlines.
Gates’ Second Largest Holding: Waste Management
His next largest portfolio stake is in Waste Management Series 1 – worth $2.1 billion. The provider of waste management and environmental services has more than 21 million customers.
Gates Owns $2 Billion Worth of Canadian National Railway
CN Rail or the Canadian National Railway celebrates its 100th anniversary this year. As one of North America’s leading railroad companies, it comes as little surprise Gates owns such a large stake. The company had a market cap of $85.7 billion Friday morning and currently pays a 1.81% quarterly dividend. After 100 years and approximately 20,000 route miles of track connecting three coasts, the company isn’t going anywhere.
Cooper talks about the competitive advantage of railroad companies and CNR specifically.
Watch the rest of the video to learn about his other holdings. Finally, Gates like most billionaires are focused on owning steady dividend-paying stocks.