5 Sectors to Invest In to Preserve Your Wealth According to Bill Gates’ Portfolio

1. Industrials

Sector Weighting in Q2 2023: 40.33%

The industrial segment involves companies that produce and provide goods and services to various industries. It involves companies with construction, transportation, energy, and waste management operations. Industrial is one of the segments that Gates has always turned to to preserve and grow his wealth.

Industrial stocks have always generated solid returns on performing well whenever the economy is doing well and growing at an impressive rate. The segment has been on a roll in the past three years, all but generating significant reruns for Gates and investors alike.

Industrials have mostly benefited from the recovery from the COVID-19 pandemic, which has seen a significant increase in demand for industrial products and services. Increased spending by the U.S. government and other nations in the race to accelerate the economy has also benefited industrial companies. The U.S. government’s $5B infrastructure spending plan is expected to create more opportunities that should see most companies benefit.

Some of the Industrial plays that Gates has significant stakes in include Caterpillar, a leading construction and mining equipment manufacturer. He is also a big investor in Deere & Company (NYSE: D.E.), a Company that manufactures agricultural and construction equipment engines and dive trains, and Anheuser-Busch Inbred SA/NV, the world’s largest brewer.

The billionaire investor also owns stakes worth about $6.4 billion in Canadian National Railway Company and stakes in Waste Management, Inc. (NYSE: W.M.), which operates waste removal and recycling services.

Gates also holds stakes in FedEx Corporation (NYSE: F.D.X.), which provides U.S. transportation, e-commerce, and business services. Waste Connections is another stock in which Gates has significant stakes.

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