Board of Trustees of The Leland Stanford Junior University

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Board of Trustees of The Leland Stanford Junior University reported 20 stock positions worth $1.2 billion. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 44.8% of the portfolio, followed by Alphabet Class A (GOOGL, 23.8%) and iShares MSCI Emerging Market (EEM, 13.1%). Compared with Q4 2024, it sold out of 3, added to 1 and reduced 1. The biggest buy was Alphabet Class A (GOOGL, shares +48%) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −1%).

Most Recent 13F
Q2 2026
Location
STANFORD, CA
CIK
0001315828
Portfolio Value
$1.2B (Q1 2025)
SEC Filing
0001062993-25-009497 ↗ filed May 15, 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 Q4 2024 Q1 2025: $1.2B $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 20 stocks · $1.2B

SPY SS SPDR S&P 500 ETF Trust-US 44.83% 946,092 $529.2M Reduce -0.7%
GOOGL Alphabet Inc. Class A 23.84% 1,819,841 $281.4M Add +48.0%
EEM iShares MSCI Emerging Market 13.12% 3,543,452 $154.8M No change
EFA iShares MSCI Eafe ETF 7.19% 1,037,854 $84.8M No change
EWJ iShares MSCI Japan ETF 5.64% 971,270 $66.6M No change
LNWO Light & Wonder Inc. 1.95% 265,220 $23.0M No change
CBLL Ceribell Inc. 1.01% 623,751 $12.0M No change
QS Quantumscape Corp. 0.87% 2,481,438 $10.3M No change
IOT Samsara Inc. Class A 0.44% 135,860 $5.2M No change
AMPX Amprius Technologies Inc. 0.33% 1,457,557 $3.9M No change
BSM Black Stone Minerals LP 0.19% 147,852 $2.3M No change
KOD Kodiak Sciences Inc. 0.16% 691,767 $1.9M No change
KRP Kimbell Royalty Partners LP 0.13% 111,638 $1.6M No change
VNOM Viper Energy Inc. 0.10% 25,000 $1.1M No change
ANNX Annexon Inc. 0.08% 482,550 $931K No change
SRZN Surrozen Inc. 0.05% 52,130 $608K No change
MATX Matson Inc. 0.03% 2,700 $346K No change
BOLT Bolt Biotherapeutics Inc. 0.02% 719,546 $288K No change
CRGX Cargo Therapeutics Inc. 0.01% 23,273 $95K No change
AMTX Aemetis Inc. 0.00% 25,300 $44K No change

Portfolio Sells Q4 2024 → Q1 2025

SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.7% 44.83% −2.86
BBIO Bridgebio Pharma Inc. Sold out 0.00% −0.78
KALA Kala Bio Inc. Sold out 0.00% −0.01
LZ Legalzoomcom Inc. Sold out 0.00% −0.01

Portfolio Buys Q4 2024 → Q1 2025

GOOGL Alphabet Inc. Class A Add +48.0% 23.84% +3.95

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