Bill Gates Portfolio Stock List: Top 5 Stocks

In this article, we discuss the top 5 stocks in the Bill Gates stock portfolio. If you want to read about some more stocks in the Gates portfolio, go directly to Bill Gates Portfolio Stock List: Top 20 Stocks.

5. Deere & Company (NYSE:DE)

Number of Hedge Fund Holders: 57  

Deere & Company (NYSE:DE) manufactures and distributes various equipment worldwide. On October 13, Deere and Co revealed that it is investing $29.8 million to start making harvesters in the United States instead of China. The company was adding 70 jobs in its expanding factory in Thibodaux, Louisiana. Mandatory filings show that Bill & Melinda Gates Foundation Trust owned over 3.9 million shares in the company at the end of the third quarter of 2022 worth $1.3 billion, representing 3.84% of the portfolio. 

On November 17, Deutsche Bank analyst Nicole Deblase maintained a Hold rating on Deere & Company (NYSE:DE) stock and raised the price target to $374 from $365, noting that the advisory expected guidance above consensus for fiscal year 2023.

Among the hedge funds being tracked by Insider Monkey, Chicago-based investment firm Citadel Investment Group is a leading shareholder in Deere & Company (NYSE:DE) with 1.4 million shares worth more than $496 million.

In its Q3 2022 investor letter, ClearBridge Investments, an asset management firm, highlighted a few stocks and Deere & Company (NYSE:DE) was one of them. Here is what the fund said:

“For example, we believe that farm equipment manufacturer Deere & Company (NYSE:DE) continues to benefit from both a strong farm economy and product innovations that directly benefit farmers’ productivity while also reducing their environmental footprint. The company has also demonstrated excellent execution, highlighted by capturing market share and maintaining margins despite dealing with a labor strike and elevated supply chain costs.”