Gates Foundation Trust Increases Holdings in Two Vietnamese Property Stocks
Gates Foundation Trust increased its holdings in two listed Vietnamese property companies. As of November 12, 2026, it held about 1.37 million KDH shares; as of November 10, it held nearly 2.07 million DXG shares. Both stocks have fallen sharply over the past year and recently recovered slightly.
A shareholding report disclosed by Công ty Cổ phần Đầu tư và Kinh doanh Nhà Khang Điền on November 12, 2026, showed that Gates Foundation Trust held about 1.37 million shares in the company, representing 0.11% of its registered capital. Compared with the 651,070 shares reported on June 11, its holding had increased by 719,153 shares, or more than 110%. The company had previously paid a stock dividend for 2025 at a rate of 10 new shares for every 100 shares held. Based on its earlier holding, the trust would have received an estimated 65,107 shares.
Image relating to Gates Foundation Trust’s holding of KDH shares.（VietVance）
Two institutions in the same group of related foreign investors sold a combined 710,000 KDH shares on November 12, reducing the group’s stake from 5.0512% on November 10 to 4.9942%. The group is no longer a major shareholder in the company. Gates Foundation Trust made no trades on November 12. Another investor group, VinaCapital, bought a net total of more than 3.38 million KDH shares on November 10, raising its holding to about 100.71 million shares, or 8.09% of registered capital.
A group of investors associated with Dragon Capital disclosed on November 10 that its holding in Bluemarq Group had risen to 78.5 million shares, representing 6.19% of the company’s capital. Of that total, Gates Foundation Trust held nearly 2.07 million shares, up 1.1 million from November 4. The stock trades under the ticker DXG.
Image relating to Gates Foundation Trust’s holding of DXG shares.（VietVance）
KDH and DXG have both fallen sharply over the past year and recently recovered slightly. Gates Foundation Trust holds investment assets that support the Gates Foundation’s activities. According to the Gates Foundation, Bill Gates is a trustee of the trust, while Cascade Asset Management Company manages its assets. The trust’s investment portfolio is managed independently of the foundation’s charitable grantmaking.
Source: VietVance
