Board of Trustees of The Leland Stanford Junior University

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 13, 2025), Board of Trustees of The Leland Stanford Junior University reported 23 stock positions worth $1.2 billion. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 47.7% of the portfolio, followed by Alphabet Class A (GOOGL, 19.9%) and iShares MSCI Emerging Market (EEM, 12.7%). Compared with Q3 2024, it opened 3 new positions, sold out of 5 and reduced 2. The biggest buy was a new position in Alphabet Class A (GOOGL) and the biggest sale iShares MSCI Eafe ETF (EFA, shares −68%).

Most Recent 13F
Q2 2026
Location
STANFORD, CA
CIK
0001315828
Portfolio Value
$1.2B (Q4 2024)
SEC Filing
0001062993-25-002278 ↗ filed Feb 13, 2025

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $1.1B Q1 2024 Q2 2024: $1.5B Q2 2024 Q3 2024: $1.2B Q3 2024 Q4 2024: $1.2B $1.2B Q4 2024 Q1 2025: $1.2B Q1 2025 Q2 2025: $923.7M Q2 2025 Q3 2025: $850.7M Q3 2025 Q4 2025: $496.2M Q4 2025 Q1 2026: $848.7M Q1 2026 Q2 2026: $533.1M Q2 2026

Holdings 23 stocks · $1.2B

SPY SS SPDR S&P 500 ETF Trust-US 47.69% 952,497 $558.2M Reduce -9.8%
GOOGL Alphabet Inc. Class A 19.88% 1,229,578 $232.8M New
EEM iShares MSCI Emerging Market 12.66% 3,543,452 $148.2M No change
EFA iShares MSCI Eafe ETF 6.70% 1,037,854 $78.5M Reduce -67.7%
EWJ iShares MSCI Japan ETF 5.57% 971,270 $65.2M No change
LNWO Light & Wonder Inc. 1.96% 265,220 $22.9M No change
CBLL Ceribell Inc. 1.38% 623,751 $16.1M New
QS Quantumscape Corp. 1.10% 2,481,438 $12.9M No change
BBIO Bridgebio Pharma Inc. 0.78% 331,283 $9.1M No change
KOD Kodiak Sciences Inc. 0.59% 691,767 $6.9M No change
IOT Samsara Inc. Class A 0.51% 135,860 $5.9M No change
AMPX Amprius Technologies Inc. 0.35% 1,457,557 $4.1M New
ANNX Annexon Inc. 0.21% 482,550 $2.5M No change
BSM Black Stone Minerals LP 0.18% 147,852 $2.2M No change
KRP Kimbell Royalty Partners LP 0.15% 111,638 $1.8M No change
VNOM Viper Energy Inc. 0.10% 25,000 $1.2M No change
SRZN Surrozen Inc. 0.06% 52,130 $748K No change
BOLT Bolt Biotherapeutics Inc. 0.03% 719,546 $385K No change
MATX Matson Inc. 0.03% 2,700 $364K No change
CRGX Cargo Therapeutics Inc. 0.03% 23,273 $336K No change
KALA Kala Bio Inc. 0.01% 21,127 $147K No change
LZ Legalzoomcom Inc. 0.01% 10,384 $78K No change
AMTX Aemetis Inc. 0.01% 25,300 $68K No change

Portfolio Sells Q3 2024 → Q4 2024

EFA iShares MSCI Eafe ETF Reduce -67.7% 6.70% −16.21
SPY SS SPDR S&P 500 ETF Trust-US Reduce -9.8% 47.69% −3.89
ANRO Alto Neuroscience Inc. Sold out 0.00% −0.08
CTNM Contineum Therapeutics Inc. Class A Sold out 0.00% −0.06
HCP Hashicorp Inc. Class A Sold out 0.00% −0.02
FRSH Freshworks Inc. Class A Sold out 0.00% −0.02
LUMINAR TECHNOLOGIES INC Sold out 0.00% −0.00

Portfolio Buys Q3 2024 → Q4 2024

GOOGL Alphabet Inc. Class A New 19.88% +19.88
CBLL Ceribell Inc. New 1.38% +1.38
AMPX Amprius Technologies Inc. New 0.35% +0.35

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 19$533.1MEEM, GOOGL, KOD, CRWD, ANNX
Q1 2026 22$848.7MEEM, GOOGL, EWJ, EFA, SPY
Q4 2025 22$496.2MEEM, GOOG, EWJ, KOD, HTFL
Q3 2025 20$850.7MEFA, GOOGL, EEM, EWJ, LNWO
Q2 2025 21$923.7MEFA, GOOGL, EEM, EWJ, SPY
Q1 2025 20$1.2BSPY, GOOGL, EEM, EFA, EWJ
Q4 2024 23$1.2BSPY, GOOGL, EEM, EFA, EWJ
Q3 2024 25$1.2BSPY, EFA, EEM, EWJ, LNWO
Q2 2024 28$1.5BSPY, EFA, EEM, EWJ, LNWO
Q1 2024 26$1.1BSPY, VNQ, LNWO, EWJ, QS