Institutional Manager · CIK 0001965304
Michelson Medical Research Foundation, Inc.
Los Angeles, CA · File #028-22933
Latest AUM
$99.8M
Positions
20
Top-10 Concentration
78.3%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| EXITED | VANECK ETF TRUST | 92189F106 | -234,305 | -$17.9M | $0 |
| EXITED | ISHARES TR | 46436E718 | -116,226 | -$11.7M | $0 |
| NEW | UNITEDHEALTH GROUP INC | UNH | +30,000 | +$9.9M | $0 |
| NEW | STURM RUGER & CO INC | RGR | +57,500 | +$1.9M | $0 |
| REDUCE | CRESCENT ENERGY COMPANY | CRGY | 0 | $0 | -$82,768 |
| REDUCE | DIGITALBRIDGE GROUP INC | DBRG-PJ | 0 | $0 | +$2.2M |
| REDUCE | ISHARES INC | 464286400 | 0 | $0 | +$62,601 |
| REDUCE | ISHARES INC | 46434G822 | 0 | $0 | +$10,653 |
| REDUCE | ISHARES INC | 464286822 | 0 | $0 | +$46,872 |
| REDUCE | ISHARES INC | 464286772 | 0 | $0 | +$345,053 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202520 pos · $99.8M
- 13F HOLDINGS REPORTQ/E Sep 202520 pos · $115.0M
- 13F HOLDINGS REPORTQ/E Jun 202520 pos · $104.2M
- 13F HOLDINGS REPORTQ/E Mar 202525 pos · $119.5M
- 13F HOLDINGS REPORTQ/E Dec 202428 pos · $119.3M
- 13F HOLDINGS REPORTQ/E Sep 202428 pos · $141.9M
- 13F HOLDINGS REPORTQ/E Jun 202425 pos · $116.3M
- 13F HOLDINGS REPORTQ/E Mar 202428 pos · $165.0M
- 13F HOLDINGS REPORTQ/E Dec 202327 pos · $148.1M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | VAIL RESORTS INC | MTN | 86,000 | $11.4M | 11.45% |
| 2 | ISHARES TR | 464287408 | 51,905 | $11.0M | 11.03% |
| 3 | UNITEDHEALTH GROUP INC | UNH | 30,000 | $9.9M | 9.93% |
| 4 | VANGUARD TAX-MANAGED FDS | 921943858 | 158,160 | $9.9M | 9.90% |
| 5 | DIGITALBRIDGE GROUP INC | DBRG-PJ | 609,500 | $9.3M | 9.37% |
| 6 | VANGUARD INTL EQUITY INDEX F | 922042858 | 127,630 | $6.9M | 6.88% |
| 7 | ISHARES TR | 464287556 | 35,095 | $5.9M | 5.94% |
| 8 | ISHARES TR | 464288869 | 35,385 | $5.6M | 5.59% |
| 9 | SPDR SERIES TRUST | 78464A698 | 63,510 | $4.1M | 4.13% |
| 10 | SAFEHOLD INC | SAFE | 297,477 | $4.1M | 4.08% |
| 11 | MANCHESTER UTD PLC NEW | G5784H106 | 200,000 | $3.2M | 3.19% |
| 12 | ISHARES INC | 464286822 | 41,850 | $2.9M | 2.91% |
| 13 | VANGUARD INDEX FDS | 922908751 | 11,010 | $2.8M | 2.85% |
| 14 | ISHARES INC | 464286400 | 81,300 | $2.6M | 2.59% |
| 15 | ISHARES INC | 464286772 | 20,155 | $2.0M | 1.96% |
| 16 | STURM RUGER & CO INC | RGR | 57,500 | $1.9M | 1.88% |
| 17 | ISHARES INC | 46434G772 | 27,435 | $1.7M | 1.75% |
| 18 | ISHARES INC | 46434G822 | 20,100 | $1.6M | 1.63% |
| 19 | SPDR INDEX SHS FDS | 78463X400 | 16,750 | $1.6M | 1.63% |
| 20 | CRESCENT ENERGY COMPANY | CRGY | 156,166 | $1.3M | 1.31% |