Regents of the University of California
OAKLAND, CA
$4.4bn in 11 US stocks at the end of 30 June 2026. The top 10 are 100.0% of the money. It changed about 24.2% of the portfolio this quarter.
Value
$4.4bn
Stocks
11
Top 10 share
100.0%
Turnover
24.2%
What changed this quarter
New
Bought for the first time this quarter.
- Space Exploration TechnologiesSPCX23.5% of the fund
- BillionToOneBLLN0.1% of the fund
- Chime FinancialCHYM<0.1% of the fund
Added
Bought more of a stock they already held.
None this quarter.
Cut
Sold some of their stake.
None this quarter.
Sold out
Sold their entire stake.
- BlackstoneBX-100%
- Carlyle GroupCG-100%
- Factset Research SystemsFDS-100%
- Ishares TRQTOP-100%
Holdings
- Space Exploration TechnologiesSPCX
- Share
- 23.5%
- Value
- $1.0bn
- Shares
- 6,000,000
New
- BrookfieldBN
- Share
- 8.8%
- Value
- $382m
- Shares
- 8,979,204
Held
- World Gold TRGLDM
- Share
- 2.6%
- Value
- $114m
- Shares
- 1,438,678
Held
- Surrozen
- Share
- <0.1%
- Value
- $1,400
- Shares
- 83,333
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| State StreetSTT | 38.5% | $1.7bn | 9,917,831 | Held |
| Space Exploration TechnologiesSPCX | 23.5% | $1.0bn | 6,000,000 | New |
| ASML Holding NVASML | 16.0% | $699m | 351,282 | Held |
| Blue Owl Technology FinanceOTF | 10.3% | $452m | 43,624,472 | Held |
| BrookfieldBN | 8.8% | $382m | 8,979,204 | Held |
| World Gold TRGLDM | 2.6% | $114m | 1,438,678 | Held |
| BillionToOneBLLN | 0.1% | $5m | 40,863 | New |
| SurrozenSRZN | <0.1% | $3m | 133,207 | Held |
| Blue Owl CapitalOWL | <0.1% | $580,536 | 66,347 | Held |
| Chime FinancialCHYM | <0.1% | $293,130 | 14,313 | New |
| Surrozen | <0.1% | $1,400 | 83,333 | Held |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 157.4% since 30 June 2025.
Where the money is
Financial services38.6%
Technology23.5%
Industrials16.0%
Real estate8.8%
Health care0.2%
Other13.0%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.