LILLY ENDOWMENT INC

Fundamental diversified ★Signal healthcare specialist (100%) CIK 316011
Long book
$84.52B
Q1 2026
Positions
1
Top-10 weight
100%
concentration
Last quarter
+32.2%
SPY +14.8%
Turnover
0%
of book per quarter

Strategy in plain words

auto-generated from filings

LILLY ENDOWMENT INC is a diversified fundamental manager, specialised in healthcare (100% of the long book), running a $84.52B US long book across 1 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: ELI LILLY & CO.

Over the last 9 quarters its long book ran on average 2.3pp per quarter ahead of the S&P 500, beating the index in 4 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+16.6%
Q2 2024
-2.0%
Q3 2024
-12.7%
Q4 2024
+7.2%
Q1 2025
-5.4%
Q2 2025
-1.9%
Q3 2025
+41.1%
Q4 2025
-14.3%
Q1 2026
+32.2%

Sector allocation

Healthcare
100%

Long book by quarter

$76.94B
Q1 2024
$88.15B
Q2 2024
$85.84B
Q3 2024
$74.80B
Q4 2024
$79.30B
Q1 2025
$74.85B
Q2 2025
$72.86B
Q3 2025
$99.08B
Q4 2025
$84.52B
Q1 2026

What does LILLY own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
LLY ELI LILLY & COHealthcare91.9M$84.52B100.0%-0.3%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 20, 20261$84.52B canonicalSEC ↗
Q4 202513F-HRJan 23, 20261$99.08B canonicalSEC ↗
Q3 202513F-HROct 31, 20251$72.86B canonicalSEC ↗
Q2 202513F-HRJul 10, 20251$74.85B canonicalSEC ↗
Q1 202513F-HRApr 16, 20251$79.30B canonicalSEC ↗
Q4 202413F-HRJan 27, 20251$74.80B canonicalSEC ↗
Q3 202413F-HROct 3, 20241$85.84B canonicalSEC ↗
Q2 202413F-HRJul 16, 20241$88.15B canonicalSEC ↗
Q1 202413F-HRApr 16, 20241$76.94B canonicalSEC ↗