Georgetown University

The fund has shifted from a moderately diversified portfolio of 20+ positions to a highly concentrated one comprising only 8 holdings. The turnover was exceptionally high, with the filer exiting 12 positions and initiating only 3 new ones. This suggests a strategic pivot toward capital preservation, a reallocation into alternative asset classes (such as private equity or fixed income which do not always appear in 13F filings), or a withdrawal of capital to meet university liquidity requirements. The current portfolio is extremely top-heavy, with the top two holdings—Alphabet and the Utilities Select Sector SPDR—accounting for over 63% of the total value.

Key Holdings