Trustees of the University of Pennsylvania reported 5 positions worth $104.24M for the quarter ended Jun 30, 2026, down 64.9% on the prior quarter. It opened 2 new positions, added to 0, trimmed 3 and exited 1. Its largest holding is Karman Holdings Inc. at 79.1% of the portfolio.
Reported 13F market value at each quarter end. A change mixes trading with price moves in the positions held.
Dollar value of shares bought and sold each quarter, at that quarter’s price. It counts trading only, not price changes.
How many positions were opened, added to, trimmed or closed each quarter.
Share of reported value in each sector at every quarter end.
| Holding | Shares Sold | Trade Value | Prior Weight |
|---|---|---|---|
| DNUT Krispy Kreme, Inc. | -2.01M | $6.81M | 2.29% |
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | KRMN Karman Holdings Inc. | Industrials | 1.65M | $82.50M | 79.14% | -300.0K | -15.4% | Reduced | 1.25% |
| 2 | USAR USA Rare Earth, Inc. | Basic Materials | 493.1K | $10.64M | 10.21% | -4.36M | -89.8% | Reduced | 0.21% |
| 3 | CBRS Cerebras Systems Inc. | Technology | 32.1K | $7.10M | 6.81% | +32.1K | – | New | 0.01% |
| 4 | LUNR Intuitive Machines, Inc. | Industrials | 180.0K | $3.85M | 3.69% | -3.07M | -94.5% | Reduced | 0.08% |
| 5 | AMPX Amprius Technologies, Inc. | Industrials | 10.9K | $151.48K | 0.145% | +10.9K | – | New | 0.01% |
Tip. Select a row to see that position’s full history at Trustees Of The University Of Pennsylvania.
As of its Q2 2026 13F filing, Trustees of the University of Pennsylvania’s five largest positions were Karman Holdings Inc. (KRMN) at 79.1%, USA Rare Earth, Inc. (USAR) at 10.2%, Cerebras Systems Inc. (CBRS) at 6.8%, Intuitive Machines, Inc. (LUNR) at 3.7%, Amprius Technologies, Inc. (AMPX) at 0.1% of the reported portfolio.
Trustees of the University of Pennsylvania reported a 13F portfolio worth $104.24M across 5 positions for Q2 2026. That is down 64.9% from the previous quarter.
Its largest purchases by value were Cerebras Systems Inc. ($7.10M), Amprius Technologies, Inc. ($151.48K). It opened 2 new positions.
Its largest sales by value were USA Rare Earth, Inc. ($94.13M), Intuitive Machines, Inc. ($65.59M), Karman Holdings Inc. ($14.98M). It exited 1 positions entirely.
From the Form 13F-HR reports Trustees of the University of Pennsylvania files with the SEC each quarter, within 45 days of quarter end. A 13F lists long positions in US-listed equities and options; it excludes short positions, cash, bonds and most non-US holdings.
13F data reflects long positions in US-listed equities and options as reported to the SEC up to 45 days after quarter end. It excludes short positions, cash, bonds and most non-US securities, so it is not a complete picture of a manager’s assets.