Board of Trustees of The Leland Stanford Junior University

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 31, 2025), Board of Trustees of The Leland Stanford Junior University reported 21 stock positions worth $923.7 million. Its top holding was iShares MSCI Eafe ETF (EFA) at 32.4% of the portfolio, followed by Alphabet Class A (GOOGL, 26.8%) and iShares MSCI Emerging Market (EEM, 18.5%). Compared with Q1 2025, it opened 2 new positions, sold out of 1, added to 1 and reduced 4. The biggest buy was iShares MSCI Eafe ETF (EFA, shares +222%) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −90%).

Most Recent 13F
Q2 2026
Location
STANFORD, CA
CIK
0001315828
Portfolio Value
$923.7M (Q2 2025)
SEC Filing
0001062993-25-013308 ↗ filed Jul 31, 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 Q1 2025 Q2 2025: $923.7M $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 21 stocks · $923.7M

EFA iShares MSCI Eafe ETF 32.38% 3,346,434 $299.1M Add +222.4%
GOOGL Alphabet Inc. Class A 26.78% 1,403,521 $247.3M Reduce -22.9%
EEM iShares MSCI Emerging Market 18.51% 3,543,452 $170.9M No change
EWJ iShares MSCI Japan ETF 7.88% 971,270 $72.8M No change
SPY SS SPDR S&P 500 ETF Trust-US 6.45% 96,493 $59.6M Reduce -89.8%
LNWO Light & Wonder Inc. 2.76% 265,220 $25.5M No change
QS Quantumscape Corp. 1.81% 2,481,438 $16.7M No change
CRCL Circle Internet Group Inc. 1.54% 78,662 $14.3M New
AMPX Amprius Technologies Inc. 0.52% 1,146,636 $4.8M Reduce -21.3%
KOD Kodiak Sciences Inc. 0.28% 691,767 $2.6M No change
BSM Black Stone Minerals LP 0.21% 147,852 $1.9M No change
IOT Samsara Inc. Class A 0.20% 45,288 $1.8M Reduce -66.7%
KRP Kimbell Royalty Partners LP 0.17% 111,638 $1.6M No change
CHYM Chime Financial Inc. Class A 0.16% 42,110 $1.5M New
ANNX Annexon Inc. 0.13% 482,550 $1.2M No change
VNOM Viper Energy Inc. 0.10% 25,000 $953K No change
SRZN Surrozen Inc. 0.05% 52,130 $466K No change
MATX Matson Inc. 0.03% 2,700 $301K No change
BOLT Bolt Biotherapeutics Inc. 0.02% 35,978 $208K No change
CRGX Cargo Therapeutics Inc. 0.01% 23,273 $96K No change
AMTX Aemetis Inc. 0.01% 25,300 $63K No change

Portfolio Sells Q1 2025 → Q2 2025

SPY SS SPDR S&P 500 ETF Trust-US Reduce -89.8% 6.45% −38.38
CBLL Ceribell Inc. Sold out 0.00% −1.01
IOT Samsara Inc. Class A Reduce -66.7% 0.20% −0.25
AMPX Amprius Technologies Inc. Reduce -21.3% 0.52% +0.19
GOOGL Alphabet Inc. Class A Reduce -22.9% 26.78% +2.94

Portfolio Buys Q1 2025 → Q2 2025

EFA iShares MSCI Eafe ETF Add +222.4% 32.38% +25.20
CRCL Circle Internet Group Inc. New 1.54% +1.54
CHYM Chime Financial Inc. Class A New 0.16% +0.16

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