TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA: USA RARE EARTH INC (USAR): Quarterly 13F Position History
As of Q2 2026, TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA reported 493,094 shares of USA RARE EARTH INC (USAR), worth $10.6M and representing 10.2% of its 13F equity book. Quarter-over-quarter share count change: 4,361,876 (-89.8%) . The position first appeared in Q1 2026 and has been disclosed across 2 13F-HR filings in Pactolio's tracked window.
- 493,094Shares Held (Latest Filing)
- $10.6MReported Market Value (Latest Filing)
- 10.2%Portfolio Weight (% of 13F Equity Book)
- 4,361,876Quarter-over-Quarter Share Change
- -$62.8MQuarter-over-Quarter Value Change
- 4,854,970Peak Reported Shares (Historical)
Recent initiation: TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA first reported USAR on the Q1 2026 filing, so fewer than three quarters of history are available.
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 2 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q2 2026 | 493,094 | 4,361,876 | -89.8% | $10.6M | 10.2% | $21.6 |
| Q1 2026 | 4,854,970 | – | – | $73.5M | 24.8% | $15.1 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares, a quarter-end mark rather than the manager's cost basis. See the full methodology document for the normalization rules.
When did TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA first disclose a USAR position in 13F-HR filings?
TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA first reported USA RARE EARTH INC (USAR) on its 13F-HR filing for the period ending 2026-03-31 (Q1 2026). The position has appeared on 2 reported quarters within Pactolio's tracked window.
What was TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA's most recent quarter-over-quarter share-count change in USAR?
Between Q1 2026 and Q2 2026, TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA reduced its USAR position by 4,361,876 shares (-89.8%), leaving 493,094 shares at a market value of $10.6M.
Does the implied price-per-share represent TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA's cost basis in USAR?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.