{"id":8409,"date":"2021-05-19T15:11:00","date_gmt":"2021-05-19T12:11:00","guid":{"rendered":"https:\/\/roboforex.com\/blog\/?p=8409"},"modified":"2023-06-22T18:01:10","modified_gmt":"2023-06-22T15:01:10","slug":"gates-foundation-got-rid-of-apple-amazon-and-twitter-shares","status":"publish","type":"post","link":"https:\/\/roboforex.com\/blog\/2021\/05\/19\/gates-foundation-got-rid-of-apple-amazon-and-twitter-shares\/","title":{"rendered":"Gates Foundation Got Rid of Apple, Amazon, and Twitter Shares"},"content":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<html><body><p>Let&rsquo;s talk about Melinda and Bill Gates. No, not about their divorce &ndash; there are much more interesting things going on. Namely, they are rebalancing the portfolio of their charitable foundation. Mister and misses Gates started a full-scale sale, getting rid of a whole range of shares of authoritative companies, including <a href=\"https:\/\/roboforex.com\/beginners\/info\/charts\/stocks\/AAPL\/\" data-internallinksmanager029f6b8e52c=\"230\" title=\"Apple In\u0441\">Apple<\/a>, <a href=\"https:\/\/roboforex.com\/beginners\/info\/charts\/stocks\/AMZN\/\" data-internallinksmanager029f6b8e52c=\"232\" title=\"Amazon.com Inc\">Amazon<\/a>, Twitter, <a href=\"https:\/\/roboforex.com\/beginners\/info\/charts\/stocks\/WMT\/\" data-internallinksmanager029f6b8e52c=\"281\" title=\"Walmart Inc\">Walmart<\/a>, FedEx Corporation, <a href=\"https:\/\/roboforex.com\/beginners\/info\/charts\/stocks\/UPS\/\" data-internallinksmanager029f6b8e52c=\"277\" title=\"United Parcel Service Inc\">United Parcel Service<\/a>, and Canadian National Railway.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"0-which-shares-did-bill-amp-melinda-gates-foundation-sell\"><span class=\"ez-toc-section\" id=\"Which_shares_did_Bill_Melinda_Gates_Foundation_sell\"><\/span>Which shares did Bill &amp; Melinda Gates Foundation sell?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>We got to know about the sale that happened in Q1 this year from the papers sent to the US SEC.<\/p>\n\n\n\n<p>The rebalancing touched upon several corporations. For your convenience, I&rsquo;m giving you not only the names of the companies and the volume of sold shares but also their price dynamics at the closing of the trading session on May 18th.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Walmart (<a href=\"https:\/\/roboforex.com\/blog\/2022\/06\/17\/nyse-probably-main-stock-market\/\" data-internallinksmanager029f6b8e52c=\"303\" title=\"NYSE\">NYSE<\/a>:WMT) &mdash; 4 million shares, +2.17%, $141.91.<\/li>\n\n\n\n<li>Canadian National Railway (NYSE:CNI) &mdash; 3 million shares, &minus;0.06%, $108.44.<\/li>\n\n\n\n<li>United Parcel Service (NYSE:UPS) &mdash; 1.7 million shares, &minus;1.06%, $213.99.<\/li>\n\n\n\n<li>FedEx Corporation (NYSE:FDX) &mdash; 1.5 million shares, &minus;1.04%, &#1076;&#1086; $306.05.<\/li>\n\n\n\n<li>Apple (NASDAQ:AAPL) &mdash; 1 million shares, &minus;1.12%, $124.85.<\/li>\n\n\n\n<li>Liberty Latin America (NASDAQ:LILAK) &mdash; 677 thousand, &minus;1.91%, $13.9.<\/li>\n\n\n\n<li>Liberty Latin America (NASDAQ:LILA) &mdash; 276.4 thousand, &minus;2.56%, $13.74.<\/li>\n\n\n\n<li>Twitter (NYSE:TWTR) &mdash; 272.4 thousand, +1.12%, $53.19.<\/li>\n\n\n\n<li>Amazon (NASDAQ:AMZN) &mdash; 30.2 thousand, &minus;1.17%, $3232.28.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"1-which-shares-did-the-foundation-buy\"><span class=\"ez-toc-section\" id=\"Which_shares_did_the_Foundation_buy\"><\/span>Which shares did the Foundation buy?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>For the first time Bill &amp; Melinda Gates Foundation supplemented their portfolio with the shares of the &ldquo;South-Korean Amazon&rdquo; &ndash; Coupang. As you remember, <a href=\"\/blog\/2021\/02\/23\/coupang-inc-ipo-e-commerce-from-south-korea\/\" target=\"_blank\" rel=\"noreferrer noopener\">Coupang carried out an IPO<\/a> in March this year. The trading platform entered the NYSE and managed to raise $4.6 billion. The Gates Foundation bought over 5.7 billion of these shares.<\/p>\n\n\n\n<p>Moreover, the charitable foundation bought over 81.86 million of the Mexican <a href=\"https:\/\/roboforex.com\/beginners\/info\/charts\/stocks\/KO\/\" data-internallinksmanager029f6b8e52c=\"256\" title=\"The Coca-Cola Co\">Coca-Cola<\/a> FEMSA. Note that the Foundation had already had about 6.2 million shares of the world&rsquo;s largest Coca-Cola manufacturer in terms of bottles produced. Thus, this asset grew by 1,317%.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"2-what-happened-to-twitter-amazon-and-apple-shares\"><span class=\"ez-toc-section\" id=\"What_happened_to_Twitter_Amazon_and_Apple_shares\"><\/span>What happened to Twitter, Amazon, and Apple shares?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>My colleague Maksim Artyomov provides more details about the quotations of the IT giants:<\/p>\n\n\n\n<p>&ldquo;Breaking through the 200-days <a href=\"https:\/\/roboforex.com\/blog\/2019\/08\/27\/what-is-a-moving-average\/\" data-internallinksmanager029f6b8e52c=\"68\" title=\"Moving Average\">Moving Average<\/a>, Apple quotations go on declining. The catalyst of further falling might be the sale of the part o their portfolio by Bill &amp; Melinda Gates Foundation. The entity sold about a million <a href=\"https:\/\/roboforex.com\/forex-trading\/assets\/stocks\/\" data-internallinksmanager029f6b8e52c=\"10\" title=\"invest in stocks\">stocks<\/a>. The aim in this case is the lower border of the channel. Next, the price might bounce and continue the uptrend. The aim of the growth will remain $145&rdquo;.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2021\/05\/apple-d1-1-1200x520-1.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"520\" src=\"https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2021\/05\/apple-d1-1-1200x520-1.png\" alt=\"Technical analysis of Apple shares for May 19th, 2021\" class=\"wp-image-8410\" srcset=\"https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2021\/05\/apple-d1-1-1200x520-1.png 1200w, https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2021\/05\/apple-d1-1-1200x520-1-360x156.png 360w, https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2021\/05\/apple-d1-1-1200x520-1-768x333.png 768w, https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2021\/05\/apple-d1-1-1200x520-1-150x65.png 150w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/a><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p>&ldquo;On the previous trading session, regardless of the sale, Twitter quotations didn&rsquo;t drop much. Currently, they remain under the 200-days MA, heading for the lower border of the channel. Later, the price might bounce and continue the uptrend, aiming at $65 after the correction&rdquo;.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2021\/05\/twitter-d1-1200x521-1.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"521\" src=\"https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2021\/05\/twitter-d1-1200x521-1.png\" alt=\"Technical analysis of Twitter shares for May 19th, 2021\" class=\"wp-image-8411\" srcset=\"https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2021\/05\/twitter-d1-1200x521-1.png 1200w, https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2021\/05\/twitter-d1-1200x521-1-360x156.png 360w, https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2021\/05\/twitter-d1-1200x521-1-768x333.png 768w, https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2021\/05\/twitter-d1-1200x521-1-150x65.png 150w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/a><\/figure>\n\n\n\n<p>&ldquo;As for Amazon shares, the sale by the Foundation led to a significant decline during the previous trading session. The price keeps declining towards the lower border of the ascending channel. We should expect a test of the support level and, perhaps, a bounce off it. The pullback might head for $3,100&rdquo;.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2021\/05\/amazon-d1-2-1200x523-1.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"523\" src=\"https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2021\/05\/amazon-d1-2-1200x523-1.png\" alt=\"Technical analysis of Amazon shares for May 19th, 2021\" class=\"wp-image-8412\" srcset=\"https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2021\/05\/amazon-d1-2-1200x523-1.png 1200w, https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2021\/05\/amazon-d1-2-1200x523-1-360x157.png 360w, https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2021\/05\/amazon-d1-2-1200x523-1-768x335.png 768w, https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2021\/05\/amazon-d1-2-1200x523-1-150x65.png 150w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/a><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"3-summing-up\"><span class=\"ez-toc-section\" id=\"Summing_up\"><\/span>Summing up<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>We got to know that Bill &amp; Melinda Foundation carried out a rebalancing of its portfolio. The sale touched upon the shares of Apple, Amazon, Twitter, Walmart, FedEx Corporation, United Parcel Service, and Canadian National Railway.<\/p>\n\n\n\n<p>Due to this, at the closing of the trading session on May 18th, the quotations of six out of eight companies dropped. Only Walmart and Twitter shares grew.<\/p>\n\n\n\n<p class=\"wp-block-button aligncenter\">\n<a class=\"button button-green\" href=\"https:\/\/my.roboforex.com\/en\/register\/\" rel=\"nofollow\">Open Trading Account<\/a><\/p>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"<p>Bill &#038; Melinda Gates Foundation sold the shares of such companies as Apple, Amazon, Twitter, Walmart, FedEx Corporation, United Parcel Service, and Canadian National Railway. The shares of Apple and Amazon dropped while Walmart and Twitter shares grew.<\/p>\n","protected":false},"author":58,"featured_media":8413,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2],"tags":[224,151,107,1088],"class_list":["post-8409","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","tag-amazon-com-inc","tag-apple-inc","tag-twitter-inc","tag-walmart-inc"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Gates Foundation Got Rid of Apple, Amazon, and Twitter Shares - RoboForex Blog<\/title>\n<meta name=\"description\" content=\"Bill &amp; Melinda Gates Foundation sold the shares of large companies. 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