Board of Trustees of The Leland Stanford Junior University

Endowment

CIK

1315828

Location

STANFORD, CA

Portfolio Value

Small $204,920,972

Diversification

Highly concentrated

Filing Date

Global Rank

#4,136 / 8,617 ▲ 2799 · as of Mar 2026

Top Industry

Internet Content & Information 72.1%

3Y Alpha vs SPY

+8.9%

Period ended 4 months ago

Filed May 7, 2026 · 2mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+108.4%

SPY

+69.1%

Annualised alpha

+8.6%

Max drawdown

−29.5%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

18 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

55.3%

+17.3 pts

Top 5

94.7%

+12.9 pts

Top 10

98.8%

+2.9 pts

HHI

3,775

Highly concentrated+1,689

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Communication Services	55.3%	$113,400,148	1
Unclassified	23.2%	$47,530,098	1
Healthcare	16.2%	$33,207,120	4
Energy	2.5%	$5,025,673	3
Technology	2.3%	$4,628,810	4
Industrials	0.3%	$682,747	2
Financial Services	0.2%	$356,769	1
Basic Materials	0.0%	$80,707	1
Consumer Defensive	0.0%	$8,900	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

No qualifying positions this quarter.

Trimmed

Positions the filer reduced

2 positions

Ticker	Company	Δ Shares	Shares	Value
CARL	Carlsmed, Inc.	−12,514	12,516	$113,269
MPLT	MapLight Therapeutics, Inc.	−2	199,231	$4,050,366
No positions match the current search.

New Positions

Positions the filer opened this quarter

5 positions

Ticker	Company	Shares	Value
GOOGL	Alphabet Inc.	394,353	$113,400,148
SPY	Spdr S&P 500 ETF Trust	73,085	$47,530,098
WLTH	Wealthfront Corp	208,471	$1,928,356
LIFE	Ethos Technologies Inc.	31,940	$356,769
MRLN	Merlin, Inc.	32,668	$240,109
No positions match the current search.

Sold Out

Positions the filer fully exited

5 positions

Ticker	Company	Shares	Value
HTFL	Heartflow, Inc.	312,234	$9,101,621
NTRA	Natera, Inc.	31,303	$7,171,204
PFSI	PennyMac Financial Services, Inc.	4,000	$527,360
SI	Shoulder Innovations, Inc.	13,521	$193,350
NXGL	Nexgel, Inc.	32,500	$52,325
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

18 positions · $204,920,972 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Defensive Energy Financial Services Healthcare Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
GOOGL	Alphabet Inc. Communication Services	NEW	394,353	NEW	$113,400,148	NEW	55.34%
SPY	Spdr S&P 500 ETF Trust	NEW	73,085	NEW	$47,530,098	NEW	23.19%
KOD	Kodiak Sciences Inc. Healthcare	Held	691,767	0	$26,370,158	+36.3%	12.87%
MPLT	MapLight Therapeutics, Inc. Healthcare	Reduced	199,231	-2	$4,050,366	+15.7%	1.98%
ANNX	Annexon, Inc. Healthcare	Held	482,550	0	$2,673,327	+10.4%	1.30%
BSM	Black Stone Minerals, L.P. Energy	Held	147,852	0	$2,235,522	+13.8%	1.09%
WLTH	Wealthfront Corp Technology	NEW	208,471	NEW	$1,928,356	NEW	0.94%
KRP	Kimbell Royalty Partners, LP Energy	Held	111,638	0	$1,615,401	+23.0%	0.79%
NAVN	Navan, Inc. Technology	Held	110,554	0	$1,463,734	−22.5%	0.71%
VNOM	Viper Energy, Inc. Energy	Held	25,000	0	$1,174,750	+21.6%	0.57%
CHYM	Chime Financial, Inc. Technology	Held	42,110	0	$788,720	−25.6%	0.38%
HTCR	HeartCore Enterprises, Inc. Technology	Held	100,000	0	$448,000	−26.6%	0.22%
MATX	Matson, Inc. Industrials	Held	2,700	0	$442,638	+32.7%	0.22%
LIFE	Ethos Technologies Inc. Financial Services	NEW	31,940	NEW	$356,769	NEW	0.17%
MRLN	Merlin, Inc. Industrials	NEW	32,668	NEW	$240,109	NEW	0.12%
CARL	Carlsmed, Inc. Healthcare	Reduced	12,516	-12,514	$113,269	−63.4%	0.06%
AMTX	Aemetis, Inc Basic Materials	Held	25,300	0	$80,707	+129.5%	0.04%
SKIN	SkinHealth Systems Inc. Consumer Defensive	Held	10,000	0	$8,900	−36.0%	0.00%