National Philanthropic Trust

CIK

1785342

Location

Jenkintown, PA

Portfolio Value

Mid $6,479,317,684

Diversification

Diversified

Filing Date

Global Rank

#559 / 8,605 ▼ 34 · as of Mar 2026

Top Industry

Semiconductors 36.4%

3Y Alpha vs SPY

+1.7%

Period ended 3 months ago

Filed May 15, 2026 · 55d

10 quarters · since Dec 2023

Clone Performance

Feb 2024–Jul 2026 · vs SPY

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

Cloned portfolio

+63.6%

SPY

+54.1%

Annualised alpha

+3.0%

Max drawdown

−31.2%

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

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

Top Position

26.2%

+1.3 pts

Top 5

71.5%

+2.9 pts

Top 10

83.9%

+1.1 pts

HHI

1,330

Diversified+58

Portfolio Trend

10 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	40.3%	$2,607,949,633	43
Financial Services	22.4%	$1,452,912,067	45
Communication Services	17.5%	$1,133,656,551	9
Consumer Cyclical	10.9%	$709,088,260	18
Unclassified	3.1%	$203,362,380	10
Healthcare	2.1%	$137,801,055	31
Industrials	1.9%	$120,657,230	27
Consumer Defensive	0.7%	$48,572,899	12
Energy	0.3%	$22,158,166	17
Utilities	0.3%	$17,410,977	5
Basic Materials	0.2%	$15,208,730	11
Real Estate	0.2%	$10,539,736	9

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
AMZN	Amazon Com Inc	+552,854	1,799,679	$374,819,145
GOOGL	Alphabet Inc.	+385,488	3,740,822	$1,075,710,774
BX	Blackstone Inc.	+371,756	1,975,576	$227,171,484
SLNO	Soleno Therapeutics Inc	+130,455	200,000	$6,696,000
TSLX	Sixth Street Specialty Lending, Inc.	+70,000	216,000	$3,970,080
BTSG	BrightSpring Health Services, Inc.	+53,648	91,084	$3,881,089
ASML	Asml Holding NV	+36,314	37,911	$50,073,986
TECH	BIO-TECHNE Corp	+31,492	51,057	$2,668,238
NVO	Novo Nordisk A S	+12,500	17,381	$638,751
WU	Western Union CO	+10,000	20,000	$174,600
CPNG	Coupang, Inc.	+9,720	890,192	$16,806,824
ASTS	AST SpaceMobile, Inc.	+8,645	21,367	$1,770,683
RKT	Rocket Companies, Inc.	+6,900	19,348	$275,709
ET	Energy Transfer LP	+5,310	47,634	$919,336
V	Visa Inc.	+4,099	13,477	$4,073,288
GBDC	GOLUB CAPITAL BDC, Inc.	+2,387	14,115	$178,695
LYB	LyondellBasell Industries N.V.	+1,693	101,780	$8,199,396
MU	Micron Technology Inc	+1,244	2,256	$762,167
DASH	DoorDash, Inc.	+1,238	66,574	$9,996,086
ABT	Abbott Laboratories	+832	13,644	$1,400,829
XOM	Exxon Mobil Corp	+814	28,128	$4,772,196
MRK	Merck & Co., Inc.	+652	18,185	$2,187,473
NVS	Novartis AG	+597	2,896	$442,364
NFLX	Netflix Inc	+475	10,946	$1,052,457
CVX	Chevron Corp	+422	38,286	$7,921,373
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
OWL	Blue Owl Capital Inc.	−1,000,000	3,492,000	$31,881,960
AMD	Advanced Micro Devices Inc	−733,974	28,465	$5,790,634
LYFT	Lyft, Inc.	−389,721	44,000	$585,200
IBIT	iShares Bitcoin Trust ETF	−191,075	38,374	$1,474,329
IAU	Ishares Gold Trust	−166,002	759,979	$66,999,748
BABA	Alibaba Group Holding Ltd	−39,808	18,187	$2,281,741
CRCL	Circle Internet Group, Inc.	−30,807	30,807	$2,939,295
AAPL	Apple Inc.	−29,357	90,425	$22,948,960
TSLA	Tesla, Inc.	−24,155	16,728	$6,218,634
CRGO	Freightos Ltd	−20,000	320,000	$524,800
IREN	IREN Ltd	−19,150	79,081	$2,710,896
SCHW	Schwab Charles Corp	−18,601	63,788	$5,994,796
MSFT	Microsoft Corp	−16,960	460,379	$170,418,494
NVDA	Nvidia Corp	−10,888	9,729,068	$1,696,749,459
NU	Nu Holdings Ltd.	−10,200	2,328,059	$33,454,207
RBLX	Roblox Corp	−10,000	667,666	$37,763,188
HOOD	Robinhood Markets, Inc.	−9,888	116,532	$8,075,667
QCOM	Qualcomm Inc/De	−9,452	6,132	$789,678
AVGO	Broadcom Inc.	−8,812	1,561,605	$483,332,363
APO	Apollo Global Management, Inc.	−7,424	9,005,313	$1,003,371,974
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−6,087	267,580	$90,428,661
XBP	XBP Global Holdings, Inc.	−4,135	29,605	$130,262
BAC	Bank Of America Corp /De/	−3,474	6,213	$302,883
SE	Sea Ltd	−3,000	17,244	$1,427,975
BRK-B	Berkshire Hathaway Inc	−2,456	11,010	$5,275,992
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
MDLN	Medline Inc.	554,853	$24,690,958
SUNB	Sunbelt Rentals Holdings, Inc.	74,449	$4,845,885
ZTS	Zoetis Inc.	34,580	$4,087,701
HQ	Horizon Quantum Holdings Ltd.	231,520	$2,035,060
SAP	Sap SE	10,269	$1,758,155
LNG	Cheniere Energy, Inc.	6,158	$1,747,394
CDE	Coeur Mining, Inc.	30,000	$563,100
LTM	Latam Airlines Group S.A.	9,522	$470,767
AZN	Astrazeneca PLC	2,341	$461,692
INSW	International Seaways, Inc.	4,047	$294,945
GD	General Dynamics Corp	849	$291,393
SBLK	Star Bulk Carriers Corp.	12,668	$290,983
NLOP	Net Lease Office Properties	25,215	$290,476
MRNA	Moderna, Inc.	5,366	$272,592
AMAT	Applied Materials Inc /De	787	$268,988
SU	Suncor Energy Inc	3,866	$255,581
GWRE	Guidewire Software, Inc.	1,528	$228,527
IAUX	i-80 Gold Corp.	148,573	$225,830
TGT	Target Corp	1,830	$221,796
VST	Vistra Corp.	1,424	$214,069
INTC	Intel Corp	4,785	$211,162
AMT	American Tower Corp /Ma/	1,196	$206,405
ELPC	Energy Co Of Parana	13,185	$157,428
AXIA	AXIA Energia S.A.	10,783	$121,632
MAGN	Magnera Corp	10,918	$103,830
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
HG	Hamilton Insurance Group, Ltd.	410,351	$11,448,792
SLV	iShares Silver Trust	91,657	$5,904,543
MELI	Mercadolibre Inc	1,227	$2,471,497
IONQ	IonQ, Inc.	53,387	$2,395,474
SIVR	abrdn Silver ETF Trust	19,208	$1,299,229
TMUS	T-Mobile US, Inc.	5,271	$1,070,223
AM	Antero Midstream Corp	51,964	$924,439
RVTY	Revvity, Inc.	6,258	$605,461
NRDS	Nerdwallet, Inc.	40,000	$542,000
YEXT	Yext, Inc.	59,312	$478,054
GEV	GE Vernova Inc.	681	$445,081
CMBT	Cmb.Tech NV	43,598	$420,720
RY	Royal Bank Of Canada	2,055	$350,356
RTX	RTX Corp	1,866	$342,224
SFL	SFL Corp Ltd.	43,143	$336,946
ANET	Arista Networks, Inc.	2,565	$336,091
LRCX	Lam Research Corp	1,904	$325,926
GE	General Electric Co	996	$306,797
NOW	ServiceNow, Inc.	1,880	$287,997
CZWI	Citizens Community Bancorp Inc.	15,211	$271,060
BLK	BlackRock, Inc.	247	$264,373
B	Barrick Mining Corp	6,057	$263,782
NUAI	New ERA Energy & Digital, Inc.	88,300	$258,719
UBS	UBS Group AG	5,499	$254,658
BITW	Bitwise 10 Crypto Index ETF	4,264	$250,552
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

237 positions · $6,479,317,684 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 237 positions by value · page 1 of 5

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NVDA	Nvidia Corp Technology	Reduced	9,729,068	-10,888	$1,696,749,459	−6.6%	26.19%
GOOGL	Alphabet Inc. Communication Services	Added	3,740,822	+385,488	$1,075,710,774	+2.4%	16.60%
APO	Apollo Global Management, Inc. Financial Services	Reduced	9,005,313	-7,424	$1,003,371,974	−23.1%	15.49%
AVGO	Broadcom Inc. Technology	Reduced	1,561,605	-8,812	$483,332,363	−11.1%	7.46%
AMZN	Amazon Com Inc Consumer Cyclical	Added	1,799,679	+552,854	$374,819,145	+30.2%	5.78%
BX	Blackstone Inc. Financial Services	Added	1,975,576	+371,756	$227,171,484	−8.1%	3.51%
CVNA	Carvana Co. Consumer Cyclical	Reduced	657,084	-19	$206,574,067	−25.5%	3.19%
MSFT	Microsoft Corp Technology	Reduced	460,379	-16,960	$170,418,494	−26.2%	2.63%
SPY	Spdr S&P 500 ETF Trust	Reduced	167,975	-1,954	$109,240,861	−5.7%	1.69%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	267,580	-6,087	$90,428,661	+8.7%	1.40%
IAU	Ishares Gold Trust	Reduced	759,979	-166,002	$66,999,748	−10.9%	1.03%
ABNB	Airbnb, Inc. Consumer Cyclical	Held	479,639	0	$60,568,812	−7.0%	0.93%
ASML	Asml Holding NV Technology	Added	37,911	+36,314	$50,073,986	+2830.8%	0.77%
TDG	TransDigm Group INC Industrials	Reduced	39,895	-800	$46,236,709	−14.6%	0.71%
RBLX	Roblox Corp Communication Services	Reduced	667,666	-10,000	$37,763,188	−31.2%	0.58%
KKR	KKR & Co. Inc. Financial Services	Held	385,927	0	$35,698,247	−27.4%	0.55%
NU	Nu Holdings Ltd. Financial Services	Reduced	2,328,059	-10,200	$33,454,207	−14.5%	0.52%
OWL	Blue Owl Capital Inc. Financial Services	Reduced	3,492,000	-1,000,000	$31,881,960	−52.5%	0.49%
UNH	Unitedhealth Group Inc Healthcare	Reduced	99,366	-250	$26,887,445	−18.2%	0.41%
MDLN	Medline Inc. Healthcare	NEW	554,853	NEW	$24,690,958	NEW	0.38%
AAPL	Apple Inc. Technology	Reduced	90,425	-29,357	$22,948,960	−29.5%	0.35%
PANW	Palo Alto Networks Inc Technology	Reduced	113,437	-480	$18,186,219	−13.3%	0.28%
CPNG	Coupang, Inc. Consumer Cyclical	Added	890,192	+9,720	$16,806,824	−19.1%	0.26%
KRMN	Karman Holdings Inc. Industrials	Held	200,000	0	$16,010,000	+9.4%	0.25%
GRBK	Green Brick Partners, Inc. Consumer Cyclical	Held	231,556	0	$14,923,784	+2.9%	0.23%
TLN	Talen Energy Corp Utilities	Held	46,688	0	$14,904,210	−14.8%	0.23%
QQQ	Invesco Qqq Trust, Series 1	Reduced	23,184	-2,167	$13,381,341	−14.1%	0.21%
CALM	Cal-Maine Foods Inc Consumer Defensive	Held	168,000	0	$13,297,200	−0.5%	0.21%
PEP	Pepsico Inc Consumer Defensive	Reduced	83,357	-16	$12,944,508	+8.2%	0.20%
RYAAY	Ryanair Holdings PLC Industrials	Held	221,025	0	$12,775,245	−19.9%	0.20%
TPG	TPG Inc. Financial Services	Held	309,126	0	$12,522,694	−36.5%	0.19%
ETON	Eton Pharmaceuticals, Inc. Healthcare	Held	492,112	0	$12,145,324	+45.9%	0.19%
META	Meta Platforms, Inc. Communication Services	Reduced	21,080	-1,778	$12,060,500	−20.1%	0.19%
DASH	DoorDash, Inc. Consumer Cyclical	Added	66,574	+1,238	$9,996,086	−32.4%	0.15%
DVA	Davita Inc. Healthcare	Held	62,931	0	$9,671,865	+35.3%	0.15%
GLD	Spdr Gold Trust	Reduced	21,889	-665	$9,418,617	+5.4%	0.15%
BN	BROOKFIELD Corp /ON/ Financial Services	Held	218,527	0	$8,843,787	−11.8%	0.14%
CVGW	Calavo Growers Inc Consumer Defensive	Held	325,000	0	$8,381,750	+18.6%	0.13%
LYB	LyondellBasell Industries N.V. Basic Materials	Added	101,780	+1,693	$8,199,396	+89.2%	0.13%
ALGN	Align Technology Inc Healthcare	Reduced	47,662	-162	$8,170,696	+9.4%	0.13%
HOOD	Robinhood Markets, Inc. Financial Services	Reduced	116,532	-9,888	$8,075,667	−43.5%	0.12%
ARLO	Arlo Technologies, Inc. Industrials	Held	563,293	0	$8,015,659	+1.7%	0.12%
CVX	Chevron Corp Energy	Added	38,286	+422	$7,921,373	+37.3%	0.12%
APPN	Appian Corp Technology	Held	299,532	0	$7,221,716	−31.9%	0.11%
CUBI	Customers Bancorp, Inc. Financial Services	Held	103,200	0	$7,163,112	−5.1%	0.11%
SLNO	Soleno Therapeutics Inc Healthcare	Added	200,000	+130,455	$6,696,000	+108.0%	0.10%
GS	Goldman Sachs Group Inc Financial Services	Reduced	7,862	-241	$6,651,173	−6.6%	0.10%
NMFC	New Mountain Finance Corp Financial Services	Held	852,921	0	$6,618,666	−15.7%	0.10%
ORCL	Oracle Corp Technology	Reduced	44,832	-462	$6,595,235	−25.3%	0.10%
CP	Canadian Pacific Kansas City Ltd/Cn Industrials	Held	82,361	0	$6,478,516	+6.8%	0.10%