Institutional Portfolio Overlap & Shared Holdings
Compare institutional investor portfolios using publicly disclosed SEC Form 13F filings tracked by InsiderSet. Analyze shared holdings, overlapping sector exposure, consensus smart money positions, portfolio concentration, and estimated current values across major hedge funds and institutional asset managers.
Sector portfolio overlap
Explore shared holdings and top overlapping superinvestor pairs within a sector.
Bill & Melinda Gates Foundation Trust & Jensen Investment Management Portfolio Overlap
Shared 13F holdings between Bill & Melinda Gates Foundation Trust and Jensen Investment Management based on latest reported SEC filings (the quarter ended March 31, 2026).
Overlap Score
17
Minimal overlap
Shared Holdings
3 shared positions across both portfolios (22 holdings for Bill & Melinda Gates Foundation Trust, 82 for Jensen Investment Management).
| Stock | Bill & Melinda Gates Foundation Trust value | Jensen Investment Management value | Combined value | Conviction | Est. current value | Sector |
|---|---|---|---|---|---|---|
| WM Waste Management, Inc. | $6.35B | $149.67M | $6.50B | 11.5% | $6.11B | Industrials |
| ECL Ecolab Inc. | $1.39B | $15.66M | $1.40B | 2.3% | $1.42B | Basic Materials |
| MCD McDonald's Corporation | $104.08M | $85.86M | $189.94M | 1.0% | $173.46M | Consumer Cyclical |
Largest Shared Position
Waste Management, Inc. (WM) represents the largest overlapping position between Bill & Melinda Gates Foundation Trust and Jensen Investment Management based on the latest reported SEC Form 13F filings for the quarter ended March 31, 2026. The combined disclosed value of WM positions reported by both investment firms is approximately $6.50B, reflecting overlapping institutional exposure to Waste Management, Inc..
Shared Sector Exposure
| Sector | Combined value | Shared holdings |
|---|---|---|
| Industrials | $6.50B | WM |
| Basic Materials | $1.40B | ECL |
| Consumer Cyclical | $189.94M | MCD |
Consensus Smart Money Signals
Shared holdings between Bill & Melinda Gates Foundation Trust and Jensen Investment Management may indicate overlapping long-term investment themes or broader smart money consensus toward specific companies and sectors. SEC Form 13F filings report positions, not investment intent.
- Strongest overlap by reported value: WM ($6.50B combined).
- Highest average portfolio weight in overlap: WM (11.5% conviction score).
- Largest estimated mark-to-market gain since filing: ECL ($16.04M vs reported combined value, where EOD data is available).
Historical Overlap Trend
The overlap between Bill & Melinda Gates Foundation Trust and Jensen Investment Management decreased between Q4 2001 and Q1 2001, with 3 shared holdings in the latest period ($8.10B combined reported value) versus 4 in the prior period ($12.56B).
Overlap Score Guide
| Score | Meaning |
|---|---|
| 85–100 | Extremely high shared conviction |
| 65–84 | Strong overlap |
| 45–64 | Moderate overlap |
| 25–44 | Limited overlap |
| 0–24 | Minimal overlap |
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