Michelson Medical Research Foundation, Inc.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Michelson Medical Research Foundation, Inc. reported 20 stock positions worth $99.8 million. Its top holding was Vail Resorts (MTN) at 11.4% of the portfolio, followed by iShares S&P 500 Value ETF (IVE, 11.0%) and Unitedhealth (UNH, 9.9%). Compared with Q3 2025, it opened 2 new positions and sold out of 2. The biggest buy was a new position in Unitedhealth (UNH) and the biggest sale an exit from Vaneck Gold Miners ETF (GDX).
- Most Recent 13F
- Q2 2026
- Location
- Los Angeles, CA
- CIK
- 0001965304
- Portfolio Value
- $99.8M (Q4 2025)
- SEC Filing
- 0001965304-26-000001 ↗ filed Feb 17, 2026
Holdings Value
Holdings 20 stocks · $99.8M
| MTN Vail Resorts Inc. | 11.45% | 86,000 | $11.4M | No change |
| IVE iShares S&P 500 Value ETF | 11.03% | 51,905 | $11.0M | No change |
| UNH Unitedhealth Group Inc. | 9.93% | 30,000 | $9.9M | New |
| VEA Vanguard Ftse Developed ETF | 9.90% | 158,160 | $9.9M | No change |
| DBRG Digitalbridge Group Inc. | 9.37% | 609,500 | $9.3M | No change |
| VWO Vanguard Ftse Emerging Marke | 6.88% | 127,630 | $6.9M | No change |
| IBB iShares Biotechnology ETF | 5.94% | 35,095 | $5.9M | No change |
| IWC iShares Micro-Cap ETF | 5.59% | 35,385 | $5.6M | No change |
| KRE SS SPDR S&P Regional Bank | 4.13% | 63,510 | $4.1M | No change |
| SAFE Safehold Inc. | 4.08% | 297,477 | $4.1M | No change |
| MANU Manchester United PLC Class A | 3.19% | 200,000 | $3.2M | No change |
| EWW iShares MSCI Mexico ETF | 2.91% | 41,850 | $2.9M | No change |
| VB Vanguard Most SM-Cap ETF-Usd | 2.85% | 11,010 | $2.8M | No change |
| EWZ iShares MSCI Brazil ETF | 2.59% | 81,300 | $2.6M | No change |
| EWY iShares MSCI South Korea ETF | 1.96% | 20,155 | $2.0M | No change |
| RGR Sturm Ruger & Co. Inc. | 1.88% | 57,500 | $1.9M | New |
| EWT iShares MSCI Taiwan ETF | 1.75% | 27,435 | $1.7M | No change |
| EWJ iShares MSCI Japan ETF | 1.63% | 20,100 | $1.6M | No change |
| GXC State Street SPDR S&P China | 1.63% | 16,750 | $1.6M | No change |
| CRGY Crescent Energy Inc. Class A | 1.31% | 156,166 | $1.3M | No change |
Portfolio Sells Q3 2025 → Q4 2025
Portfolio Buys Q3 2025 → Q4 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 21 | $108.2M | IVE, VEA, BLDR, CME, VWO |
| Q1 2026 | 21 | $98.5M | MTN, IVE, VEA, UNH, VWO |
| Q4 2025 | 20 | $99.8M | MTN, IVE, UNH, VEA, DBRG |
| Q3 2025 | 20 | $115.0M | GDX, MTN, SGOV, IVE, VEA |
| Q2 2025 | 20 | $104.2M | MTN, GDX, RTO, IVE, VEA |
| Q1 2025 | 25 | $119.5M | MTN, IJS, RTO, GDX, IVE |
| Q4 2024 | 28 | $119.3M | MTN, IVE, IVV, GDX, VEA |
| Q3 2024 | 28 | $141.9M | VEA, VWO, IVE, GDX, MTN |
| Q2 2024 | 25 | $116.3M | VEA, VWO, IVE, AVB, IVV |
| Q1 2024 | 28 | $165.0M | HYG, VEA, BKLN, BSV, VWO |