(Adds information on Coca-Cola and Expedia)
NEW YORK (MarketWatch) -- The Bill and Melinda Gates Foundation profited from bets on several blue-chip stocks in the first quarter, nearly doubling its stake in Wal-Mart Stores Inc. WMT, -0.00% , purchasing over three million shares of Coca-Cola Co. KO, +1.15% and adding two million shares of McDonald's Corp. MCD, +0.55% , according to a regulatory filing late Monday.
For the second straight quarter, the foundation also significantly boosted its stake in Grupo Televisa SAB (TV, TLEVISA.MX), adding more than four million shares. It now owns 16.6 million shares valued at $328 million. Overall, the foundation, one of the world's largest private philanthropy funds, reported holdings valued at $12.7 billion, as of March 31, up from $10.4 billion as of Dec. 31, according to a filing with the U.S. Securities and Exchange Commission.
The Seattle-based charity endowment purchased 4.5 million shares of Wal-Mart during the quarter. It now owns 9.2 million shares of the consumer giant, valued at $514.5 million. The foundation boosted its stake in beverage giant Coca-Cola to 10.2 million shares, up from 6.7 million in the prior quarter. The position's value is now $560 million. The Gates Foundation also increased its stake in McDonald's and now owns 9.4 million shares of the fast-food restaurant, valued at $625.3 million as of March 31.
Within the energy sector, the foundation disclosed an increased stake in Exxon Mobil Corp. XOM, +1.27% , adding two million shares. The foundation owns 6.3 million shares of the stock, valued at $421 million.
The charity endowment reported no stake in Home Depot and Dick's, selling all of its 1.4 million shares and 1.3 million shares, respectively, in the first quarter.
One notable new position was online travel company Expedia Inc. EXPE, +9.40% , in which the foundation reported a stake of 1.5 million shares, valued at $37.4 million. The foundation also disclosed owning more than 76.4 million Class B shares of Berkshire Hathaway Inc. BRK.B, +0.44% valued at $6.2 billion as of March 31. The foundation owned 76.8 million Class B shares of Berkshire in early March, according to a separate filing.
Many investors that manage more than $100 million are required to file 13-Fs with their stock holdings 45 days after the end of a given quarter, giving the public its freshest possible glimpse into the portfolios of well-known money managers. The first-quarter deadline was Monday.