Gates Foundation Trust — FDX

How Gates Foundation Trust's position in FedEx Corp. changed quarter by quarter. Change badges compare each quarter to the fund's immediately-prior filing.

Quarter	Shares	Value	% of portfolio	Change
Q1 2026	2,384,362	$849,262,057	2.68%	—
Q4 2025	2,384,362	$688,746,807	1.95%	NEW