DOSSIER · 13F-HR · Q1 2026

Michael & Susan Dell Foundation

$2.8B in tracked AUM across 8 positions as of Q1 2026.

M&
CIK 0001599858 · last filed Mar 31, 2026
Total AUM
$2.8B
as of Q1 2026
Holdings
8
positions
Whale Score
77
77
strong
Activity
no data
changes this Q
AI Analysis · Q1 2026

Portfolio Overview

The Michael & Susan Dell Foundation’s 13F filing for the period ending September 30, 2025, reveals a dramatic transformation in its investment portfolio, characterized by a massive reduction in assets under management (AUM) and a shift toward extreme concentration. The total portfolio value plummeted by 88.3%, decreasing from $2.30 billion in the previous quarter to $270.71 million. This reduction was driven by the liquidation of significant passive and equity holdings. C...

Key Holdings

The portfolio is currently dominated by two "mega-cap" technology names, which together account for 100% of the fund’s value.

Quarter at a glance — Q1 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q1 2026.

#HoldingValueSharesWeight
01
IVV
ISHARES TR
$2.1B3.2M73.1%
02
DELL
DELL TECHNOLOGIES INC
$440M2.7M15.4%
03
AVGO
BROADCOM INC
$198M639K6.9%
04
HAYW
HAYWARD HLDGS INC
$58M4.3M2.0%
05
VTI
VANGUARD INDEX FDS
$43M135K1.5%
06
ARCC
ARES CAPITAL CORP
$24M1.3M0.8%
07
VEA
VANGUARD TAX-MANAGED FDS
$4M62K0.1%
08
CAI
CARIS LIFE SCIENCES INC
$219K12K0.0%

Filing history

2026Q1Mar 31
$2.8B 1.2%
8 positionsView →
2025Q4Dec 31
$2.9B 965.6%
8 positionsView →
2025Q3Sep 30
$271M 88.3%
2 positionsView →
2025Q2Jun 30
$2.3B 1483.7%
4 positionsLocked
2025Q1Mar 31
$146M 92.2%
2 positionsLocked
2024Q4Dec 31
$1.9B 32.9%
4 positionsLocked
2024Q3Sep 30
$1.4B 43.2%
4 positionsLocked
2024Q2Jun 30
$980M 22.2%
2 positionsLocked
2024Q1Mar 31
$802M 58.0%
6 positionsLocked
2023Q4Dec 31
$1.9B 2221.0%
9 positionsLocked
2023Q3Sep 30
$82M 5.3%
2 positionsLocked
2023Q2Jun 30
$87M 7.4%
2 positionsLocked
Showing 12 of 46