1y return+35.6%S&P 500 +20.9%
3y return+61.7%S&P 500 +68.5%
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 December 31, 2022: $165 against $195 in the S&P 500.2
Michelson Medical Research Foundation, Inc.S&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 |
|---|---|---|---|
| IVEIshares Tr | $11.8M | 10.9% | |
| VEAVanguard Tax-managed Fds | $11.3M | 10.4% | |
| BLDRBuilders Firstsource Inc | $8.7M | 8.0% | New |
| CMECme Group Inc | $8.6M | 8.0% | New |
| VWOVanguard Intl Equity Index F | $7.6M | 7.0% | |
| IWCIshares Tr | $7.1M | 6.5% | |
| CNNECannae Hldgs Inc | $6.9M | 6.4% | |
| IBBIshares Tr | $6.7M | 6.2% | |
| KRESpdr Series Trust | $4.8M | 4.4% | |
| SAFESafehold Inc | $4.7M | 4.3% | |
| Manchester Utd PLC NewCUSIP G5784H106 | $4.6M | 4.2% | |
| EWYIshares Inc | $4.1M | 3.8% | |
| VBVanguard Index Fds | $3.3M | 3.1% | |
| EWWIshares Inc | $3.2M | 2.9% | |
| EWTIshares Inc | $3.0M | 2.8% | |
| EWZIshares Inc | $2.8M | 2.6% | |
| BATRKAtlanta Braves Hldgs Inc | $2.3M | 2.2% | |
| OCSLOaktree Specialty Lending | $2.0M | 1.9% | |
| EWJIshares Inc | $1.9M | 1.7% | |
| CRGYCrescent Energy Company | $1.5M | 1.4% | |
| GXCSpdr Index Shs Fds | $1.4M | 1.3% |
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 |
|---|---|---|---|
| EWYIshares Inc | September 30, 2023 | +242.6% | $4.1M |
| EWTIshares Inc | September 30, 2023 | +143.8% | $3.0M |
| IWCIshares Tr | September 30, 2023 | +99.8% | $7.1M |
| KRESpdr Series Trust | September 30, 2023 | +79.2% | $4.8M |
| Manchester Utd PLC NewCUSIP G5784H106 | March 31, 2025 | +75.2% | $4.6M |
| VEAVanguard Tax-managed Fds | December 31, 2022 | +69.8% | $11.3M |
| VBVanguard Index Fds | September 30, 2023 | +60.3% | $3.3M |
| IVEIshares Tr | December 31, 2022 | +56.5% | $11.8M |
| EWJIshares Inc | September 30, 2023 | +54.7% | $1.9M |
| VWOVanguard Intl Equity Index F | December 31, 2022 | +53.1% | $7.6M |
Sold off last quarter
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +16.9% | +14.8% |
| March 31, 2026 | +1.1% | −4.6% |
| December 31, 2025 | +4.1% | +2.4% |
| September 30, 2025 | +10.2% | +7.8% |
| June 30, 2025 | +11.2% | +10.5% |
| March 31, 2025 | −2.7% | −4.6% |
| December 31, 2024 | −4.9% | +2.1% |
| September 30, 2024 | +8.6% | +5.4% |
| June 30, 2024 | −1.3% | +4.0% |
| March 31, 2024 | +2.1% | +10.0% |
| December 31, 2023 | +8.4% | +11.2% |
| September 30, 2023 | −2.3% | −3.6% |
| June 30, 2023 | +1.6% | +8.3% |
| March 31, 2023 | +0.7% | +7.0% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Michelson Medical Research Foundation, Inc. Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1965304&type=13F-HR&dateb=&owner=include&count=40CIK 1965304
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1965304/000196530426000003/Filed August 14, 2026 · accession 0001965304-26-000003