Michael & Susan Dell Foundation 13F: Quarter-over-Quarter Portfolio Changes
Michael & Susan Dell Foundation reported a disclosed portfolio value of approximately $3.8 billion in its latest SEC Form 13F-HR filing for Q2 2026, up 33.1% quarter on quarter. Over the quarter, the foundation bought more shares in 1 holding, trimmed 2 holdings, and exited 1 position.
Michael & Susan Dell Foundation's top buy was Ares Capital CORP (ARCC) . The foundation bought 2.6% more shares, lifting the position's portfolio weight by -0.2 percentage points. Its top sell was Broadcom INC (AVGO) . The foundation sold 20.0% of its previously reported shares, reducing the position's portfolio weight by 1.8 percentage points.
Top BuysQ2 2026
The foundation's top buys among existing positions in Q2 2026. Ranked by portfolio-weight impact, with the percentage of additional shares shown separately.
| Company | Ticker | Portfolio Weight Change | More Shares | History |
|---|---|---|---|---|
| ARES CAPITAL CORP | ARCC | +-0.2% | +2.6% | History → |
Top SellsQ2 2026
The foundation's top sells among positions it retained in Q2 2026. Ranked by portfolio-weight impact. Full exits are listed separately.
| Company | Ticker | Portfolio Weight Change | Shares Sold | History |
|---|---|---|---|---|
| BROADCOM INC | AVGO | -1.8% | 20.0% | History → |
| DELL TECHNOLOGIES INC | DELL | 12.5% | 8.3% | History → |
Full ExitsQ2 2026
Positions present in the prior 13F-HR filing that no longer appear in Q2 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| VANGUARD TAX-MANAGED FDS | VEA | 0.1% |
Net Portfolio Value ChangeQ2 2026
- $2.8BPrior quarter
- $3.8BCurrent quarter
- +$0.9BNet delta
- +33.1%% change
Methodology & FAQ
How Michael & Susan Dell Foundation Quarterly Changes Are Computed
All deltas are sourced from sequential SEC Form 13F-HR filings for Michael & Susan Dell Foundation: each row joins the most recent filing against the immediately preceding quarterly filing for the same fund. Share-count changes reflect reported trading activity, while portfolio weights can also move because of market price changes. Portfolio weights are normalized to exclude listed options for comparability. A complete description, including how confidential treatment filings are handled, is documented in the Methodology.
What stocks did Michael & Susan Dell Foundation buy in Q2 2026?
In Q2 2026, Michael & Susan Dell Foundation bought more shares of ARES CAPITAL CORP (ARCC).
What stocks did Michael & Susan Dell Foundation sell in Q2 2026?
In Q2 2026, Michael & Susan Dell Foundation fully sold 1 position (VANGUARD TAX-MANAGED FDS (VEA)); reduced holdings in BROADCOM INC (AVGO), DELL TECHNOLOGIES INC (DELL).
Which positions did Michael & Susan Dell Foundation initiate in Q2 2026?
Michael & Susan Dell Foundation established no new positions in Q2 2026.
Which existing positions saw the largest allocation increases for Michael & Susan Dell Foundation in Q2 2026?
Of 1 existing position with share-count increases in Q2 2026, the largest were: ARES CAPITAL CORP (ARCC, +-0.2% weight, +2.6% shares).
Which positions did Michael & Susan Dell Foundation fully exit in Q2 2026?
Michael & Susan Dell Foundation fully exited 1 position in Q2 2026: VANGUARD TAX-MANAGED FDS (VEA, last-reported weight 0.1%).
Which existing positions saw the largest allocation reductions for Michael & Susan Dell Foundation in Q2 2026?
Of 2 existing positions with share-count reductions in Q2 2026, the largest were: BROADCOM INC (AVGO, -1.8% weight, -20.0% shares), DELL TECHNOLOGIES INC (DELL, 12.5% weight, -8.3% shares).
Do quarter-over-quarter 13F allocation changes constitute explicit trading signals?
No. Quarter-over-quarter changes reflect a combination of active trading and market price movement. A weight increase can result from price appreciation alone, without the manager adding shares. Share-count delta is the cleaner indicator of explicit trading activity. All deltas on this page are sourced from sequential SEC Form 13F-HR filings.