CARNEGIE MELLON UNIVERSITY

Wealth advisor Mechanical technology specialist (100%) CIK 1039067
Long book
$64.3M
Q1 2026
Positions
5
Top-10 weight
100%
concentration
Last quarter
+25.4%
SPY +14.8%
Turnover
0%
of book per quarter

Strategy in plain words

auto-generated from filings

CARNEGIE MELLON UNIVERSITY is a wealth-management firm allocating client money, specialised in technology (100% of the long book), running a $64.3M US long book across 5 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: INVESCO QQQ TRUST SERIES 1, DUOLINGO, INNSUITES HOSPITALITY TRUST, LONGEVITY HEALTH HLDGS INC, AXE COMPUTE INC.

Over the last 9 quarters its long book ran on average 2.5pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-5.6%
Q2 2024
+34.9%
Q3 2024
+14.9%
Q4 2024
-4.5%
Q1 2025
+27.4%
Q2 2025
-14.9%
Q3 2025
-32.1%
Q4 2025
-27.9%
Q1 2026
+25.4%

Sector allocation

Technology
100%
Real estate
0%
Other
0%
Financials
0%

Long book by quarter

$80.1M
Q1 2024
$73.9M
Q2 2024
$96.9M
Q3 2024
$136.7M
Q4 2024
$129.0M
Q1 2025
$154.6M
Q2 2025
$131.6M
Q3 2025
$89.3M
Q4 2025
$64.3M
Q1 2026

What does CARNEGIE MELLON own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
DUOL DUOLINGOTechnology294.8K$29.1M45.2%Held
IHT INNSUITES HOSPITALITY TRUSTReal estate10.0K$10K0.0%Held
XAGE LONGEVITY HEALTH HLDGS INCOther4.5K$1K0.0%+0.2%
AGPU AXE COMPUTE INCFinancials691$1K0.0%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 13, 20266$64.3M canonicalSEC ↗
Q4 202513F-HRJan 28, 20266$89.3M canonicalSEC ↗
Q3 202513F-HRNov 13, 20256$131.6M canonicalSEC ↗
Q2 202513F-HRAug 7, 20256$154.6M canonicalSEC ↗
Q1 202513F-HRMay 5, 20256$129.0M canonicalSEC ↗
Q4 202413F-HRFeb 7, 20256$136.7M canonicalSEC ↗
Q3 202413F-HRNov 13, 20244$96.9M canonicalSEC ↗
Q2 202413F-HRAug 8, 20244$73.9Mconfidential canonicalSEC ↗
Q1 202413F-HRMay 7, 20246$80.1Mconfidential canonicalSEC ↗