Stocks/Funds/CIK 1377635

EMORY UNIVERSITY

long-term holderconcentrated
Quarterly 13F filings · Latest period 2026-03-31 · CIK 1377635
Assets
$267M
+1120.2% YoY
Holdings
7
Lifetime alpha vs market
-14.04% annual
Average hold time
1.9 yr
median 1.5 yr

Quarterly history

Cum return -6% vs S&P +107% · α -114% lifetimeAUM $267M · peak $267MFlow $59M (+38%)2015-092017-092018-092019-092020-092024-092025-092026-03
AUM ($B)fundS&P 500(gap = α)/ Flow in/out

Behavior signals (lifetime)

Dip response
+1.37%
adds when stocks drop
when a holding falls −10%+
Middle response
+0.16%
steady accumulation
Rally response
-1.28%
trims into rallies
when a holding rises +10%+

Top positions · 7

Ticker$ value% portYoYHold time
IAUiShares Gold Trust$104M39.1%0.8 yr
RSPInvesco S&P 500 Equal We$95M35.4%0.3 yr
BTCGrayscale Bitcoin Mini T$41M15.2%1.5 yr
WBIWaterBridge Infrastructu$27M10.0%0.8 yr
SPYState Street SPDR S&P 50$1M0.2%+17.6%5.5 yr
ACWIiShares MSCI ACWI ETF$0M0.1%2.3 yr
NVDANVIDIA Corporation$0M0.1%+60.9%2.3 yr

Portfolio composition (YoY)

Industry mix
Asset Management89.9%-2.1pp$240M
Oil & Gas Energy10.0%$27M
Semiconductors0.1%-1.5pp$0M
Country
US100.0%+0.0pp
Top 5: 99.8% · Top 10: 100.0% · Top 25: 100.0%

Winners

TickerPrev $PnLYoY %
NVDA$0M+0.00B60.9%
SPY$0M+0.00B17.6%

Losers

TickerPrev $PnLYoY %

Top buys this quarter · 3

BTC Grayscale Bitcoin Mini Trust E+$0M
RSP Invesco S&P 500 Equal Weight Enew+$0M
SPY State Street SPDR S&P 500 ETF +$1M

Top sells this quarter · 2

IAU iShares Gold Trust$96M
IBIT iShares Bitcoin Trust ETFexit$0M

Quarterly history (TTM returns)

PeriodAUM# PosReturn (1yr)SPY (1yr)Alpha (1yr)Flow
2026-03-31$267M7+68.13%+17.59%+50.54%+0.06B
2025-12-31$157M7+1.01%+17.72%-16.70%+0.03B
2025-09-30$157M7+37.55%+17.52%+20.03%+0.13B
2025-06-30$28M6+29.24%+14.94%+14.30%-0.00B
2025-03-31$22M6-48.74%+8.30%-57.05%-0.03B
2024-12-31$69M10-50.78%+24.89%-75.67%-0.00B
2024-09-30$66M9-51.44%+36.04%-87.48%-0.10B
2024-06-30$155M8-50.31%+40.26%-90.57%+0.07B
2024-03-31$160M8+7.84%+61.47%-53.63%+0.04B
2023-12-31$162M7+13.49%+17.83%-4.34%+0.16B
2020-09-30$1M4+15.02%+15.02%+0.00%+0.00B
2020-06-30$1M2+7.34%+7.34%+0.00%+0.00B
2020-03-31$0M2-6.89%-6.89%+0.00%-0.00B
2019-12-31$2M3+31.22%+31.22%+0.00%-0.05B
2019-09-30$51M19+4.11%+4.11%+0.00%-0.09B
2019-06-30$142M46+10.14%+10.14%+0.00%-0.01B