:. Food Industry News

Categories: Mergers and Acquisitions

Gates Foundation Reports Higher McDonald's, Wal-Mart Stakes (DJ)

Source: Dow Jones Newswires
15/02/2008

Feb. 15 - The Bill & Melinda Gates Foundation reported increased holdings of $10.1 billion Thursday, including higher stakes in McDonald's Corp. and Wal-Mart Stores Inc.

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Gates' foundation also reported new holdings as of Dec. 31 of Comcast Corp., with 1.6 million Class A shares, and Clean Harbors Inc., with 73,076 shares, according to a filing with the Securities and Exchange Commission.

In all, the foundation reported holdings in 47 securities at the end of last year.

The foundation also reported substantially increasing its stake in McDonald's to 3.56 million shares from the 790,000 it reported holding as of Sept. 30. In addition, the foundation boosted its holding of Wal-Mart stock to 4.5 million shares from the 1 million shares it held at the end of the previous quarter.

The foundation also reported a slightly higher stake in Exxon Mobil Corp., with 3.79 million shares at the end of Dec. compared with 3.54 million shares at the end of September.

For the quarter ended Sept. 30, the foundation had reported holding 56 securities with a total value of about $9.12 billion.

In a separate filing, Cascade Investment LLC - Gates' investment vehicle - reported holdings valued at $4.26 billion at the end of last year, including newly disclosed stakes in Coca-Cola FEMSA and Fomento Economico Mexicano.

The following table shows the holdings, as of December 31, for Gates' investment vehicle, Cascade Investment LLC, and the change in those shares from Sept. 30.

Company                               Title of Class      Shares      Change 
 
BERKSHIRE HATHAWAY INC DEL            CL A                 4,050           0 
CANADIAN NATL RY CO                   COM             33,859,544   2,424,799 
COCA-COLA FEMSA S.A.B                 SPON ADR Rep L      77,259      77,259 
FISHER COMMUNICATIONS INC             COM                455,700           0 
FOMENTO ECONOMICO MEXICANO SAB DE CV  SPON ADR Units  10,810,000  10,810,000 
GRUPO TELEVISA SA DE CV               SP ADR REP ORD  19,680,400     241,200 
OTTER TAIL CORP                       COM              2,556,499           0 
PACIFIC ETHANOL INC                   COM                  1,000           0 
PNM RES INC                           COM              7,019,550     500,000 
PLANETOUT INC                         COM                521,739           0 
REPUBLIC SVCS INC                     COM             27,192,451           0 
SIX FLAGS INC                         COM             10,210,600           0 
SIX FLAGS INC                         PIERS             500,000           0 
WESTERN ASSET CLAYMORE                COM SH BEN INT   2,270,200           0 
WESTERN ASSET/CLYMRE                  COM              4,113,800           0 


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