Regents of the University of California

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed May 28, 2026), Regents of the University of California reported 5 stock positions worth $1.2 billion. Its top holding was Blue Owl Technology Finance (OTF) at 56.4% of the portfolio, followed by Brookfield (BN, 31.4%) and Blue Owl Capital (OWL, 9.8%). Compared with Q1 2025, it opened 1 new position and sold out of 2. The biggest buy was a new position in Blue Owl Technology Finance (OTF) and the biggest sale an exit from Nu Holdings Ltd./Cayman Isl-A (NU).

Most Recent 13F
Q2 2026
Location
OAKLAND, CA
CIK
0000315054
Portfolio Value
$1.2B (Q2 2025)
SEC Filing
0001140361-26-023135 ↗ filed May 28, 2026

Holdings Value

0$1.0B$2.0B$3.0B$4.0B$5.0B Q1 2024: $344.0M Q1 2024 Q2 2024: $182.9M Q2 2024 Q3 2024: $154.7M Q3 2024 Q4 2024: $322.8M Q4 2024 Q1 2025: $468.4M Q1 2025 Q2 2025: $1.2B $1.2B Q2 2025 Q3 2025: $1.8B Q3 2025 Q4 2025: $2.8B Q4 2025 Q1 2026: $3.0B Q1 2026 Q2 2026: $4.4B Q2 2026

Holdings 5 stocks · $1.2B
OTF Blue Owl Technology Finance 56.37% 43,624,472 $665.3M New
BN Brookfield Corp. 31.37% 5,986,137 $370.2M No change
OWL Blue Owl Capital Inc. 9.75% 5,991,575 $115.1M No change
QTOP iShares NSDQ Top 30 Stocks 2.41% 1,005,773 $28.4M No change
SRZN Surrozen Inc. 0.10% 133,207 $1.2M No change
Other holdings (1): bonds, preferreds, convertibles and warrants · $1K (not counted above)
SecurityClassShares / PrincipalValueChange
SRZNW Surrozen Inc.-CW25 *W EXP 08/01/203 83,333$1KNo change

Total filed on the 13F, all lines: $1.2B.

Portfolio Sells Q1 2025 → Q2 2025
NU Nu Holdings Ltd./Cayman Isl-A Sold out 0.00% −1.70
CNTA Centessa Pharmaceuticals Ltd. Sold out 0.00% −0.25

Portfolio Buys Q1 2025 → Q2 2025
OTF Blue Owl Technology Finance New 56.37% +56.37

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 10$4.4BSTT, SPCX, ASML, OTF, BN
Q1 2026Amended 11$3.0BSTT, OTF, ASML, BN, GLDM
Q4 2025Amended 9$2.8BSTT, OTF, ASML, BN, OWL
Q3 2025Amended 7$1.8BOTF, ASML, BN, STT, OWL
Q2 2025Amended 5$1.2BOTF, BN, OWL, QTOP, SRZN
Q1 2025 6$468.4MBN, OWL, QTOP, NU, SRZN
Q4 2024 5$322.8MBN, OWL, QTOP, SRZN, RBRK
Q3 2024 1$154.7MOWL
Q2 2024 7$182.9MOWL, OBDC, NTLA, BRK.B, SANA
Q1 2024 26$344.0MOBDC, OWL, EL, XOM, NTLA