13F Portfolios

Trustees of the University of Pennsylvania — Quarter-over-Quarter 13F Allocation Shifts Q1 2026

In Q1 2026, Trustees of the University of Pennsylvania initiated 1 new position. The fund's 13F equity book grew from $0.20B to $0.30B (+45.8% QoQ) . All deltas are sourced from sequential SEC Form 13F-HR filings; share-count changes reflect explicit trading activity, while weight changes can also include price movement. This page lists every position change reported — the portfolio overview shows a summary of the top shifts.

Net Portfolio Value Change

  • $0.20B
    Prior quarter
  • $0.30B
    Current quarter
  • + $0.09B
    Net delta
  • +45.8%
    % change

New Position Initiations Q1 2026

Securities disclosed for the first time in Q1 2026 that were not present in the prior 13F-HR filing.

Trustees of the University of Pennsylvania new positions in Q1 2026 — first-time disclosed long equity stakes
Company Ticker Initial Allocation Weight History
USA RARE EARTH INC USAR 24.75% History →

Methodology & FAQ

How Trustees of the University of Pennsylvania Quarterly Changes Are Computed

Each row above is computed by joining the most recent 13F-HR filing for Trustees of the University of Pennsylvania against the immediately preceding quarterly filing for the same fund. Portfolio weights are normalized to exclude listed options for comparability. A complete description of the methodology — including how confidential treatment filings are handled and why share count rather than weight is the cleaner trading signal — is documented in the Methodology.

Which positions did Trustees of the University of Pennsylvania initiate in Q1 2026?

Trustees of the University of Pennsylvania established 1 new position in Q1 2026: USA RARE EARTH INC (USAR, 24.75%).

Which existing positions saw the largest allocation increases for Trustees of the University of Pennsylvania in Q1 2026?

Trustees of the University of Pennsylvania reported no material allocation increases in existing positions in Q1 2026.

Which positions did Trustees of the University of Pennsylvania fully exit in Q1 2026?

Trustees of the University of Pennsylvania fully exited no positions in Q1 2026.

Which existing positions saw the largest allocation reductions for Trustees of the University of Pennsylvania in Q1 2026?

Trustees of the University of Pennsylvania reported no material allocation reductions in existing positions in Q1 2026.

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.