ROBERT WOOD JOHNSON FOUNDATION

Fundamental diversified ★Signal industrials specialist (100%) CIK 315157
Long book
$124.8M
Q1 2026
Positions
2
Top-10 weight
100%
concentration
Last quarter
-18.3%
SPY +14.8%
Turnover
0%
of book per quarter

Strategy in plain words

auto-generated from filings

ROBERT WOOD JOHNSON FOUNDATION is a diversified fundamental manager, specialised in industrials (100% of the long book), running a $124.8M US long book across 2 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: KARMAN HOLDINGS INC, BLUE OWL CAPITAL CORP.

Over the last 9 quarters its long book ran on average 5.1pp per quarter behind the S&P 500, beating the index in 3 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
-6.5%
Q2 2024
+11.1%
Q3 2024
-9.4%
Q4 2024
+14.8%
Q1 2025
-6.1%
Q2 2025
+6.0%
Q3 2025
+0.9%
Q4 2025
+2.1%
Q1 2026
-18.3%

Sector allocation

Industrials
63%
Other
37%

Long book by quarter

$1.7M
Q1 2024
$1.6M
Q2 2024
$1.66B
Q3 2024
$1.32B
Q4 2024
$480.3M
Q1 2025
$113.2M
Q2 2025
$124.4M
Q3 2025
$123.9M
Q4 2025
$124.8M
Q1 2026

What does ROBERT WOOD own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
KRMN KARMAN HOLDINGS INCIndustrials976.3K$78.2M62.6%Held
OBDC BLUE OWL CAPITAL CORP4.2M$46.7M37.4%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 29, 20262$124.8M canonicalSEC ↗
Q4 202513F-HRJan 26, 20262$123.9M canonicalSEC ↗
Q3 202513F-HRNov 4, 20252$124.4M canonicalSEC ↗
Q2 202513F-HRJul 29, 20252$113.2M canonicalSEC ↗
Q1 202513F-HRApr 28, 20252$480.3M canonicalSEC ↗
Q4 202413F-HRFeb 3, 20253$1.32B canonicalSEC ↗
Q3 202413F-HROct 31, 20243$1.66B canonicalSEC ↗
Q2 202413F-HRJul 19, 20242$1.6M canonicalSEC ↗
Q1 202413F-HRMay 7, 20242$1.7M canonicalSEC ↗