Board of Trustees of The Leland Stanford Junior University

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 7, 2026), Board of Trustees of The Leland Stanford Junior University reported 22 stock positions worth $848.7 million. Its top holding was iShares MSCI Emerging Market (EEM) at 60.5% of the portfolio, followed by Alphabet Class A (GOOGL, 13.4%) and iShares MSCI Japan ETF (EWJ, 9.7%). Compared with Q4 2025, it opened 6 new positions, sold out of 6, added to 1 and reduced 2. The biggest buy was a new position in Alphabet Class A (GOOGL) and the biggest sale an exit from Alphabet Class C (GOOG).

Most Recent 13F
Q2 2026
Location
STANFORD, CA
CIK
0001315828
Portfolio Value
$848.7M (Q1 2026)
SEC Filing
0001062993-26-002393 ↗ filed May 7, 2026

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 Q2 2025 Q3 2025: $850.7M Q3 2025 Q4 2025: $496.2M Q4 2025 Q1 2026: $848.7M $848.7M Q1 2026 Q2 2026: $533.1M Q2 2026

Holdings 22 stocks · $848.7M

EEM iShares MSCI Emerging Market 60.46% 9,035,926 $513.2M Add +102.7%
GOOGL Alphabet Inc. Class A 13.36% 394,353 $113.4M New
EWJ iShares MSCI Japan ETF 9.66% 971,270 $82.0M No change
EFA iShares MSCI Eafe ETF 5.76% 503,627 $48.9M New
SPY SS SPDR S&P 500 ETF Trust-US 5.60% 73,085 $47.5M New
KOD Kodiak Sciences Inc. 3.11% 691,767 $26.4M No change
MPLT Maplight Therapeutics Inc. 0.48% 199,231 $4.1M Reduce 0.0%
ANNX Annexon Inc. 0.32% 482,550 $2.7M No change
BSM Black Stone Minerals LP 0.26% 147,852 $2.2M No change
WLTH Wealthfront Corp. 0.23% 208,471 $1.9M New
KRP Kimbell Royalty Partners LP 0.19% 111,638 $1.6M No change
NAVN Navan Inc. Class A 0.17% 110,554 $1.5M No change
VNOM Viper Energy Inc. Class A 0.14% 25,000 $1.2M No change
CHYM Chime Financial Inc. Class A 0.09% 42,110 $789K No change
MATX Matson Inc. 0.05% 2,700 $443K No change
LIFE Ethos Technologies Inc. Class-A 0.04% 31,940 $357K New
MRLN Merlin Inc. 0.03% 32,668 $240K New
BOLT Bolt Biotherapeutics Inc. 0.02% 35,977 $145K No change
CARL Carlsmed Inc. 0.01% 12,516 $113K Reduce -50.0%
AMTX Aemetis Inc. 0.01% 25,300 $81K No change
HTCR Heartcore Enterprises Inc. 0.00% 100,000 $22K No change
SKIN Skinhealth Systems Inc. filed as THE BEAUTY HEALTH COMPANY 0.00% 10,000 $9K No change

Portfolio Sells Q4 2025 → Q1 2026

GOOG Alphabet Inc. Class C Sold out 0.00% −24.88
HTFL Heartflow Inc. Sold out 0.00% −1.83
NTRA Natera Inc. Sold out 0.00% −1.45
MPLT Maplight Therapeutics Inc. Reduce 0.0% 0.48% −0.23
PFSI Pennymac Financial Services Sold out 0.00% −0.11
CARL Carlsmed Inc. Reduce -50.0% 0.01% −0.05
SI Shoulder Innovations Inc. Sold out 0.00% −0.04
NXGL Nexgel Inc. Sold out 0.00% −0.01

Portfolio Buys Q4 2025 → Q1 2026

GOOGL Alphabet Inc. Class A New 13.36% +13.36
EEM iShares MSCI Emerging Market Add +102.7% 60.46% +11.30
EFA iShares MSCI Eafe ETF New 5.76% +5.76
SPY SS SPDR S&P 500 ETF Trust-US New 5.60% +5.60
WLTH Wealthfront Corp. New 0.23% +0.23
LIFE Ethos Technologies Inc. Class-A New 0.04% +0.04
MRLN Merlin Inc. New 0.03% +0.03

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