Gray Foundation
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 29, 2026), Gray Foundation reported 11 stock positions worth $398.5 million. Its top holding was Hilton Worldwide (HLT) at 52.7% of the portfolio, followed by iShares Expanded Tech Sector (IGM, 18.1%) and Alphabet Class C (GOOG, 8.8%). Compared with Q3 2025, it opened 3 new positions. The biggest buy was a new position in Boeing (BA).
- Most Recent 13F
- Q2 2026
- Location
- Cohoes, NY
- CIK
- 0002011602
- Portfolio Value
- $398.5M (Q4 2025)
- SEC Filing
- 0001193125-26-029393 ↗ filed Jan 29, 2026
Holdings Value
Holdings 11 stocks · $398.5M
| HLT Hilton Worldwide Holdings Inc. | 52.74% | 731,666 | $210.2M | No change |
| IGM iShares Expanded Tech Sector | 18.12% | 559,116 | $72.2M | No change |
| GOOG Alphabet Inc. Class C | 8.82% | 112,000 | $35.1M | No change |
| INDA iShares MSCI India ETF | 5.77% | 425,748 | $23.0M | No change |
| ROBO Robo Global Robotics and Aut filed as EXCHANGE TRADED CONCEPTS TRU | 3.57% | 205,000 | $14.2M | No change |
| SOXX iShares Semiconductor ETF | 2.60% | 34,371 | $10.4M | No change |
| HGV Hilton Grand Vacations Inc. | 2.39% | 212,520 | $9.5M | No change |
| INVH Invitation Homes Inc. | 2.38% | 340,734 | $9.5M | No change |
| BA The Boeing Co. | 1.44% | 26,400 | $5.7M | New |
| NBIX Neurocrine Biosciences Inc. | 1.35% | 37,800 | $5.4M | New |
| AZN Astrazeneca PLC-Spons ADR | 0.84% | 36,537 | $3.4M | New |
Portfolio Sells Q3 2025 → Q4 2025
| None this quarter. | |||
Portfolio Buys Q3 2025 → Q4 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 9 | $453.7M | HLT, IGM, GOOG, SOXX, INDA |
| Q1 2026 | 11 | $396.8M | HLT, IGM, GOOG, INDA, ROBO |
| Q4 2025 | 11 | $398.5M | HLT, IGM, GOOG, INDA, ROBO |
| Q3 2025 | 8 | $351.3M | HLT, IGM, GOOG, INDA, ROBO |
| Q2 2025 | 9 | $353.1M | HLT, IGM, INDA, GOOG, ROBO |
| Q1 2025 | 11 | $320.7M | HLT, IGM, INDA, IBB, GOOG |
| Q4 2024 | 14 | $350.7M | HLT, IGM, INDA, IBB, GOOG |
| Q3 2024 | 12 | $337.1M | HLT, IGM, INDA, IBB, GOOG |
| Q2 2024 | 12 | $327.0M | HLT, IGM, INDA, GOOG, IBB |
| Q1 2024 | 11 | $320.1M | HLT, IGM, INDA, IBB, GOOG |