1y return+10.5%S&P 500 +20.9%
3y return+26.5%S&P 500 +68.5%
5y return+7.5%S&P 500 +74.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since March 31, 2021: $116 against $188 in the S&P 500.2
Johns Hopkins UniversityS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| AGGIshares Tr | $794.3M | 53.1% | |
| QQQInvesco Qqq Tr | $190.4M | 12.7% | |
| EMXCIshares Inc | $145.6M | 9.7% | |
| IWBIshares Tr | $108.3M | 7.2% | |
| GNRSpdr Index Shs Fds | $105.8M | 7.1% | |
| VGSHVanguard Scottsdale Fds | $35.9M | 2.4% | |
| ACWIIshares Tr | $28.4M | 1.9% | |
| MBBIshares Tr | $18.3M | 1.2% | |
| IGSBIshares Tr | $16.9M | 1.1% | |
| EWJIshares Inc | $13.6M | 0.9% | |
| GOOGLAlphabet Inc | $12.0M | 0.8% | New |
| AMZNAmazon Com | $11.2M | 0.7% | New |
| MSFTMicrosoft Corp | $10.1M | 0.7% | New |
| Nebius Group N.v.CUSIP N97284108 | $2.3M | 0.2% | New |
| TUSKMammoth Energy Svcs | $1.3M | 0.1% | New |
| MSTRStrategy Inc | $730K | 0.0% | |
| VTIVanguard Index Fds | $416K | 0.0% | |
| Barinthus Biotherapeutics PLCCUSIP 91864C107 | $81K | 0.0% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| EMXCIshares Inc | December 31, 2024 | +84.5% | $145.6M |
| ACWIIshares Tr | June 30, 2023 | +63.6% | $28.4M |
| QQQInvesco Qqq Tr | March 31, 2025 | +57.0% | $190.4M |
| VTIVanguard Index Fds | December 31, 2023 | +56.0% | $416K |
| IWBIshares Tr | March 31, 2024 | +42.2% | $108.3M |
| GNRSpdr Index Shs Fds | December 31, 2024 | +35.3% | $105.8M |
| EWJIshares Inc | June 30, 2025 | +24.4% | $13.6M |
| IGSBIshares Tr | June 30, 2022 | +3.7% | $16.9M |
| MBBIshares Tr | December 31, 2024 | +3.1% | $18.3M |
| AGGIshares Tr | December 31, 2024 | +2.1% | $794.3M |
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +5.7% | +14.8% |
| March 31, 2026 | +0.6% | −4.6% |
| December 31, 2025 | +0.7% | +2.4% |
| September 30, 2025 | +3.2% | +7.8% |
| June 30, 2025 | +4.6% | +10.5% |
| March 31, 2025 | +1.0% | −4.6% |
| December 31, 2024 | −2.7% | +2.1% |
| September 30, 2024 | +5.4% | +5.4% |
| June 30, 2024 | −0.7% | +4.0% |
| March 31, 2024 | +1.6% | +10.0% |
| December 31, 2023 | +5.3% | +11.2% |
| September 30, 2023 | −0.5% | −3.6% |
| June 30, 2023 | −0.5% | +8.3% |
| March 31, 2023 | +1.1% | +7.0% |
| December 31, 2022 | +4.0% | +7.1% |
| September 30, 2022 | −4.2% | −5.3% |
| June 30, 2022 | −13.2% | −16.5% |
| March 31, 2022 | −4.4% | −4.9% |
| December 31, 2021 | +3.1% | +10.7% |
| September 30, 2021 | −0.9% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Johns Hopkins University Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1764756&type=13F-HR&dateb=&owner=include&count=40CIK 1764756
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1764756/000176475626000005/Filed August 14, 2026 · accession 0001764756-26-000005