Bill Gates Portfolio: November 2023 Update – Top 5 Stocks

In this piece, we will take a look at Bill Gates’ latest investment portfolio and the top five stocks in its November 2023 update. If you want to learn more about Bill Gates’ latest investments, then take a look at Bill Gates Portfolio: November 2023 Update.

5. Eaton Corporation plc (NYSE:ETN)

Gates Foundation’s Q3 2023 Investment: $5.5 million

Eaton Corporation plc (NYSE:ETN) is an Ireland based industrial machinery and other products provider. Despite a broader strain in the industrial sector due to tight financial conditions, Eaton Corporation plc (NYSE:ETN) had a strong third quarter that saw it report record operating cash flow and raise its full year margin guidance.

During June 2023, 51 out of the 910 hedge funds profiled by Insider Monkey had bought and owned Eaton Corporation plc (NYSE:ETN)’s shares. In the subsequent quarter, Philippe Laffont’s Coatue Management was the firm’s biggest shareholder as it owned 3.7 million shares that were worth $808 million.

4. Amazon.com, Inc. (NASDAQ:AMZN)

Gates Foundation’s Q3 2023 Investment: $5.59 million

Amazon.com, Inc. (NASDAQ:AMZN) really needs no introduction anymore. Despite its heft, which has seen it become one of the biggest eCommerce companies in the world, the firm is seeking to expand its global footprint. At this end, it announced in November 2023 that thousands of small businesses from India could generate as much as $20 billion in exports by using its platform.

By the end of this year’s second quarter, 278 out of the 910 hedge funds part of Insider Monkey’s database had bought Amazon.com, Inc. (NASDAQ:AMZN)’s shares. Ken Fisher’s Fisher Asset Management owned the largest stake among these during Q3 2023, which was worth $5.2 billion.

3. iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Gates Foundation’s Q3 2023 Investment: $6 million

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) is an exchange traded fund that is part of the iShares fund family. It has $27 billion in net assets, and the ETF was set up in 2002. As the title suggests, the iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) invests primarily in U.S. government bonds.

2. Meta Platforms, Inc. (NASDAQ:META)

Gates Foundation’s Q3 2023 Investment: $8.1 million

Meta Platforms, Inc. (NASDAQ:META) is a social media and communications company that owns several software platforms. Seems like the firm’s large user base and strong potential to capitalize from artificial intelligence is also on hedge funds’ minds, as they have rated the shares as Strong Buy on average.

During 2023’s June quarter, 225 out of the 910 hedge funds profiled by Insider Monkey had invested in the company. Meta Platforms, Inc. (NASDAQ:META)’s biggest hedge fund investor in the September quarter was Peter Rathjens, Bruce Clarke, and John Campbell’s Arrowstreet Capital as it owned $3.4 billion worth of shares.

1. Apple Inc. (NASDAQ:AAPL)

Gates Foundation’s Q3 2023 Investment: $9 million

Apple Inc. (NASDAQ:AAPL) is one of the largest and best known technology companies in the world. These days, the company is facing regulatory fire from multiple fronts, with one such front being the financial area as regulators have started to consider whether Apple’s financial platform is now big enough to mandate regulation.

As of Q2 2023 end, 135 out of the 910 hedge funds profiled by Insider Monkey had bought and owned Apple Inc. (NASDAQ:AAPL)’s shares. As has been the case for a lot of previous quarters, the firm’s biggest investor in Q3 was Warren Buffett’s Berkshire Hathaway since it held 915 million shares that were worth $156 billion.

Disclosure: None. You can also take a look at 12 Cheap High Dividend Stocks To Buy Right Now and 12 Monthly Dividend Stocks with Over 5% Yield.

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