Rainwater Charitable Foundation
Long book
$193.7M
Q1 2026
Positions
4
Top-10 weight
100%
concentration
Last quarter
+11.0%
SPY +14.8%
Turnover
0%
of book per quarter
Strategy in plain words
auto-generated from filingsRainwater Charitable Foundation is a wealth-management firm allocating client money, running a $193.7M US long book across 4 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: VANGUARD TOTAL STOCK MKT ETF, VANGUARD LONG-TERM TREASURY, FRANKLIN FTSE JAPAN ETF, VANGUARD REAL ESTATE ETF.
Over the last 9 quarters its long book ran on average 1.2pp per quarter behind the S&P 500, beating the index in 3 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
+1.4%
Q2 2024
+7.0%
Q3 2024
-1.4%
Q4 2024
-1.2%
Q1 2025
+6.6%
Q2 2025
+6.4%
Q3 2025
+1.5%
Q4 2025
-2.1%
Q1 2026
+11.0%
Sector allocation
No sector data
Long book by quarter
What does Rainwater Charitable own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 15, 2026 | 4 | $193.7M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 5, 2026 | 4 | $169.5M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 13, 2025 | 4 | $159.5M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 28, 2025 | 4 | $169.3M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 7, 2025 | 4 | $153.1M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 12, 2025 | 4 | $149.5M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 8, 2024 | 4 | $215.0M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 30, 2024 | 4 | $201.4M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 3, 2024 | 4 | $201.9M | canonical | SEC ↗ |