Bill Gates Portfolio: 5 Stocks to Buy and Hold for Over 5 Years

3. Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF)

Number of Hedge Fund Holders: 7 

Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) makes and sells the Coca-Cola trademark beverages. Securities filings show that Bill & Melinda Gates Foundation Trust owned more than 6.2 million shares in the company at the end of the fourth quarter of 2021 worth over $340 million, representing 1.48% of the portfolio. Gates’ fund neither bought nor sold any shares of the company between October and December. 

Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) has been a constant feature in the Gates portfolio since the third quarter of 2012. Back then, the fund had purchased 6.21 million shares at an average price of $122.24. This holding has remained constant throughout the years, although the share price of the company has fallen by more than half since then. 

Among the hedge funds being tracked by Insider Monkey, New York-based firm Renaissance Technologies is a leading shareholder in Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) with 1.6 million shares worth more than $188 million.