Bill Gates’ Stock Portfolio: Top 5 Picks

3. Canadian National Railway Company (CNI)

Canadian National Railway Company (NYSE: CNI) is the long-running investment of Bill Gates’ stock portfolio. The trust first initiated a position in railway stock in 2002. Other prominent investors were getting more bullish on CNI. The number of long hedge fund bets improved by 2 in recent months. Canadian National Railway Company (NYSE:CNI) was in 28 hedge funds’ portfolios at the end of June. The all time high for this statistics is 29.

It is the third-largest stock holding of the Bill & Melinda Gates Foundation stock portfolio, accounting for 8.26% of the overall portfolio. Arrowstreet Capital, Point72 Asset Management, and Millennium Management were also very fond of the stock, becoming one of the largest hedge fund holders of the company. In terms of the portfolio weights assigned to each position Bill & Melinda Gates Foundation Trust allocated the biggest weight to Canadian National Railway Company (NYSE:CNI), around 8.5% of its 13F portfolio. Heronetta Management is also relatively very bullish on the stock, designating 6.0 percent of its 13F equity portfolio to CNI. Shares of Canadian National Railway Company jumped 230% in the last ten years. In addition, the company has raised dividends in the last 22 successive years. It currently offers a quarterly dividend of $0.44 per share, yielding around 1.55%.