REGENTS OF THE UNIVERSITY OF CALIFORNIA

Endowment

CIK

315054

Location

OAKLAND, CA

Portfolio Value

Mid $4,363,509,081

Diversification

Moderately concentrated

Filing Date

Global Rank

#813 / 8,650 ▲ 144

Top Industry

Asset Management 59.2%

3Y Alpha vs SPY

+10.3%

Period ended 54 days ago

Filed Aug 11, 2026 · 12d

26 quarters · since Mar 2020

Clone Performance

Aug 2023–Aug 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+116.5%

SPY

+72.8%

Annualised alpha

+9.4%

Max drawdown

−37.0%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. Returns use comparable raw closes and exclude dividends; a captured split can shorten the simulated window. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

10 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

38.5%

−4.3 pts

Top 5

97.2%

+3.9 pts

Top 10

100.0%

0.0 pts

HHI

2,485

Moderately concentrated−104

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Financial Services	57.7%	$2,516,582,256	4
Industrials	23.5%	$1,025,160,000	1
Technology	16.0%	$699,147,556	2
Unclassified	2.6%	$114,259,806	1
Healthcare	0.2%	$8,359,463	2

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

No qualifying positions this quarter.

Trimmed

Positions the filer reduced

1 positions

Ticker	Company	Δ Shares	Shares	Value	Open
STT	State Street Corp	−147,287	9,917,831	$1,682,064,137
No positions match the current search.

New Positions

Positions the filer opened this quarter

3 positions

Ticker	Company	Shares	Value
SPCX	Space Exploration Technologies Corp	6,000,000	$1,025,160,000
BLLN	BillionToOne, Inc.	40,863	$4,902,742
CHYM	Chime Financial, Inc.	14,313	$293,130
No positions match the current search.

Sold Out

Positions the filer fully exited

3 positions

Ticker	Company	Shares	Value
BX	Blackstone Inc.	645,120	$74,182,348
CG	Carlyle Group Inc.	1,516,016	$73,360,014
FDS	Factset Research Systems Inc	226,375	$49,121,111
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

10 tracked positions · $4,363,509,081 total · filing declares 11 positions · $4,363,510,881 · as of Jun 30, 2026

All sectors Financial Services Healthcare Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
STT	State Street Corp Financial Services	Reduced	9,917,831	-147,287	$1,682,064,137	+32.0%	38.55%
SPCX	Space Exploration Technologies Corp Industrials	NEW	6,000,000	NEW	$1,025,160,000	NEW	23.49%
ASML	Asml Holding NV Technology	Held	351,282	0	$698,854,426	+50.6%	16.02%
OTF	Blue Owl Technology Finance Corp. Financial Services	Held	43,624,472	0	$451,513,285	−16.5%	10.35%
BN	BROOKFIELD Corp /ON/ Financial Services	Held	8,979,204	0	$382,424,298	+5.2%	8.76%
GLDM	World Gold Trust	Held	1,438,678	0	$114,259,806	−14.3%	2.62%
BLLN	BillionToOne, Inc. Healthcare	NEW	40,863	NEW	$4,902,742	NEW	0.11%
SRZN	Surrozen, Inc./DE Healthcare	Held	216,540	0	$3,456,721	−10.9%	0.08%
OWL	Blue Owl Capital Inc. Financial Services	Held	66,347	0	$580,536	−4.2%	0.01%
CHYM	Chime Financial, Inc. Technology	NEW	14,313	NEW	$293,130	NEW	0.01%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.