Michelson Medical Research Foundation, Inc.
Annual return '25
+20.6%
SPY '25
+17.7%
Alpha
+2.8ptsvs SPY
Invested
$197M
Holdings
21
Trades YTD
0
Performance · Fund vs SPY
Cumulative return · quarterly snapshotsCoverage 100%. 4 quarters of 2025 measured against SPY adj-close benchmark.
Top holdings · current snapshot
Source: 13F-HR01
$MTN
VAIL RESORTS INC
Q1 2026: Exited (was 86.0k shares)
11.4%
02
$IVE
ISHARES TR
Q1 2026: Exited (was 51.9k shares)
11.3%
03
$VEA
VANGUARD TAX-MANAGED FDS
Q1 2026: Sold 95.8% (158.2k → 6.6k shares)
10.5%
04
$UNH
UNITEDHEALTH GROUP INC
Q1 2026: Exited (was 30.0k shares)
8.4%
05
$VWO
VANGUARD INTL EQUITY INDEX F
Q1 2026: Exited (was 127.6k shares)
7.1%
06
$IBB
ISHARES TR
Q1 2026: Exited (was 35.1k shares)
6.1%
07
$IWC
ISHARES TR
Q1 2026: Exited (was 35.4k shares)
5.8%
08
$CNNE
CANNAE HLDGS INC
Held since at least Q1 2024
5.6%
09
$KRE
SPDR SERIES TRUST
Q1 2026: Exited (was 63.5k shares)
4.3%
10
$SAFE
SAFEHOLD INC
Q1 2026: Exited (was 297.5k shares)
4.2%
Recent trades · Last 90 days
No Form 4 / 13D / 13G trade events on file in the recent window. 13F filers report position snapshots quarterly rather than per-trade events, so this section is most useful for managers who also file Form 4 or 13D/G.
Convergence · Pattern Engine ships in v1.1
30-day windowIn development
Convergence participation lands with the Pattern Engine.
Once the Pattern Engine ships, this section will list every active convergence event this fund is named in — with the other named funds, the Congress members on the same name, and combined position size.
Source data: SEC EDGAR · 13F-HR filings · Performance through 2025-12-31 · Last refreshed 09:49 UTC.