Common Fund for Nonprofit Organizations
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Common Fund for Nonprofit Organizations reported 26 stock positions worth $1.2 billion. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 45.1% of the portfolio, followed by NT Mstar GLBL NR ETF (GUNR, 14.8%) and iShares MSCI Acwi ETF (ACWI, 11.5%). Compared with Q3 2025, it opened 3 new positions, sold out of 2, added to 15 and reduced 8. The biggest buy was iShares MSCI Acwi ETF (ACWI, shares +101%) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- NORWALK, CT
- CIK
- 0002022949
- Portfolio Value
- $1.2B (Q4 2025)
- SEC Filing
- 0000905148-26-000859 ↗ filed Feb 17, 2026
Holdings Value
Holdings 26 stocks · $1.2B
| SPY SS SPDR S&P 500 ETF Trust-US | 45.10% | 814,345 | $555.3M | Reduce -3.5% |
| GUNR NT Mstar GLBL NR ETF | 14.82% | 3,979,018 | $182.4M | Reduce -9.5% |
| ACWI iShares MSCI Acwi ETF | 11.48% | 998,747 | $141.3M | Add +101.1% |
| VOO Vanguard S&P 500 ETF | 8.58% | 168,431 | $105.6M | Reduce -4.7% |
| AGG iShares Core U.S. Aggregate | 3.74% | 461,324 | $46.1M | Add +12.8% |
| RSP Invesco S&P 500 Equal Weight | 3.39% | 217,992 | $41.8M | Reduce -1.7% |
| EFA iShares MSCI Eafe ETF | 2.28% | 292,159 | $28.1M | Add +55.9% |
| VNQ Vanguard Real Estate ETF | 1.95% | 271,334 | $24.0M | Add +337.2% |
| IVV iShares Core S&P 500 ETF | 1.61% | 28,933 | $19.8M | Add +0.3% |
| EEM iShares MSCI Emerging Market | 1.40% | 315,051 | $17.2M | Add +4086.7% |
| VEA Vanguard Ftse Developed ETF | 1.28% | 251,474 | $15.7M | Reduce -45.3% |
| IJH iShares Core S&P Midcap ETF | 0.83% | 154,589 | $10.2M | Add +0.5% |
| CATH Global X S&P 500 Ca Val ETF | 0.80% | 120,224 | $9.9M | Reduce -2.1% |
| IJR iShares Core S&P Small-Cap E | 0.76% | 77,736 | $9.3M | Add +0.5% |
| IEF iShares 7-10 Year Treasury B | 0.71% | 91,412 | $8.8M | Add +1.3% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.39% | 60,131 | $4.8M | New |
| ACWX iShares MSCI Acwi Ex US ETF | 0.17% | 31,648 | $2.1M | Reduce -19.4% |
| VEU Vanguard Ftse All-World Ex-U | 0.17% | 28,627 | $2.1M | Add +1.7% |
| VIA Via Transportation Inc. Class A | 0.16% | 65,922 | $1.9M | New |
| QQQ Invesco QQQ Trust Series 1 | 0.13% | 2,592 | $1.6M | Add +0.3% |
| ISRA Vaneck Israel ETF | 0.09% | 18,518 | $1.1M | Add +1.4% |
| SUSA iShares ESG Optimized MSCI U | 0.05% | 4,683 | $653K | Add +27.6% |
| VWO Vanguard Ftse Emerging Marke | 0.04% | 9,233 | $496K | Reduce -42.1% |
| EAGG iShares ESG Aware US Aggrega | 0.04% | 10,048 | $481K | Add +27.7% |
| ESGD iShares Trust iShares ESG Aw | 0.02% | 2,627 | $250K | New |
| GVI iShares Intermediate Governm | 0.02% | 2,087 | $224K | Add +7.5% |
Portfolio Sells Q3 2025 → Q4 2025
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -3.5% | 45.10% | −3.21 |
| ACWV iShares MSCI Global Min Vol | Sold out | 0.00% | −2.65 |
| GUNR NT Mstar GLBL NR ETF | Reduce -9.5% | 14.82% | −1.72 |
| VEA Vanguard Ftse Developed ETF | Reduce -45.3% | 1.28% | −1.09 |
| VOO Vanguard S&P 500 ETF | Reduce -4.7% | 8.58% | −0.72 |
| RSP Invesco S&P 500 Equal Weight | Reduce -1.7% | 3.39% | −0.23 |
| CMDY iShares Bloomberg Roll Selec | Sold out | 0.00% | −0.08 |
| CATH Global X S&P 500 Ca Val ETF | Reduce -2.1% | 0.80% | −0.05 |
| ACWX iShares MSCI Acwi Ex US ETF | Reduce -19.4% | 0.17% | −0.05 |
| VWO Vanguard Ftse Emerging Marke | Reduce -42.1% | 0.04% | −0.03 |
Portfolio Buys Q3 2025 → Q4 2025
| ACWI iShares MSCI Acwi ETF | Add +101.1% | 11.48% | +5.58 |
| VNQ Vanguard Real Estate ETF | Add +337.2% | 1.95% | +1.46 |
| EEM iShares MSCI Emerging Market | Add +4086.7% | 1.40% | +1.37 |
| EFA iShares MSCI Eafe ETF | Add +55.9% | 2.28% | +0.77 |
| VCSH Vanguard S/T Corp. Bond ETF | New | 0.39% | +0.39 |
| AGG iShares Core U.S. Aggregate | Add +12.8% | 3.74% | +0.22 |
| VIA Via Transportation Inc. Class A | New | 0.16% | +0.16 |
| ESGD iShares Trust iShares ESG Aw | New | 0.02% | +0.02 |
| SUSA iShares ESG Optimized MSCI U | Add +27.6% | 0.05% | +0.01 |
| EAGG iShares ESG Aware US Aggrega | Add +27.7% | 0.04% | +0.01 |
| ISRA Vaneck Israel ETF | Add +1.4% | 0.09% | +0.00 |
| GVI iShares Intermediate Governm | Add +7.5% | 0.02% | +0.00 |
| VEU Vanguard Ftse All-World Ex-U | Add +1.7% | 0.17% | −0.00 |
| QQQ Invesco QQQ Trust Series 1 | Add +0.3% | 0.13% | −0.00 |
| IJR iShares Core S&P Small-Cap E | Add +0.5% | 0.76% | −0.03 |
| IJH iShares Core S&P Midcap ETF | Add +0.5% | 0.83% | −0.03 |
| IEF iShares 7-10 Year Treasury B | Add +1.3% | 0.71% | −0.03 |
| IVV iShares Core S&P 500 ETF | Add +0.3% | 1.61% | −0.05 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 29 | $1.1B | SPY, GUNR, ACWI, VOO, AGG |
| Q1 2026 | 26 | $1.0B | SPY, GUNR, ACWI, VOO, AGG |
| Q4 2025 | 26 | $1.2B | SPY, GUNR, ACWI, VOO, AGG |
| Q3 2025 | 25 | $1.2B | SPY, GUNR, VOO, ACWI, RSP |
| Q2 2025 | 26 | $968.2M | SPY, VOO, ACWI, IVV, AGG |
| Q1 2025 | 22 | $899.4M | SPY, VOO, ACWI, IVV, AGG |
| Q4 2024 | 23 | $888.2M | SPY, VOO, ACWI, IVV, EWJ |
| Q3 2024 | 24 | $834.4M | SPY, VOO, EWJ, IVV, ACWI |
| Q2 2024 | 16 | $724.9M | SPY, VOO, EWJ, IOT, CATH |
| Q1 2024 | 13 | $589.0M | SPY, EWJ, VOO, IOT, CATH |