Board of Trustees of The Leland Stanford Junior University Diversified Active

CIK: 0001315828 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 17, 2026

Total Value ($000): $496,212 (100.0% shares, 0.0% debt)

Holdings (22)

New Positions (8)

GOOG ALPHABET INC 24.9%

Value ($000) $123,432 Shares 394,353 Est. Cost $286.33 Unrealized 0.0%

NTRA NATERA INC 1.4%

Value ($000) $7,171 Shares 31,303 Est. Cost $208.59 Unrealized 0.0%

MPLT MAPLIGHT THERAPEUTICS INC 0.7%

Value ($000) $3,500 Shares 199,233 Est. Cost $16.75 Unrealized 0.0%

NAVN NAVAN INC 0.4%

Value ($000) $1,888 Shares 110,554 Est. Cost $15.89 Unrealized 0.0%

PFSI PENNYMAC FINL SVCS INC NEW 0.1%

Value ($000) $530 Shares 4,000 Est. Cost $126.84 Unrealized 0.0%

NXGL NEXGEL INC 0.0%

Value ($000) $52 Shares 32,500 Est. Cost $2.06 Unrealized 0.0%

HTCR HEARTCORE ENTERPRISES INC 0.0%

Value ($000) $31 Shares 100,000 Est. Cost $0.61 Unrealized 0.0%

SKIN THE BEAUTY HEALTH COMPANY 0.0%

Value ($000) $14 Shares 10,000 Est. Cost $1.45 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GOOG	ALPHABET INC	394,353	$123,432	24.9%	$286.33	0.0%	CAP STK CL C	02079K107
NTRA	NATERA INC	31,303	$7,171	1.4%	$208.59	0.0%	COM	632307104
MPLT	MAPLIGHT THERAPEUTICS INC	199,233	$3,500	0.7%	$16.75	0.0%	COM	56565P103
NAVN	NAVAN INC	110,554	$1,888	0.4%	$15.89	0.0%	CL A	639193101
PFSI	PENNYMAC FINL SVCS INC NEW	4,000	$530	0.1%	$126.84	0.0%	COM	70932M107
NXGL	NEXGEL INC	32,500	$52	0.0%	$2.06	0.0%	COM	65344E107
HTCR	HEARTCORE ENTERPRISES INC	100,000	$31	0.0%	$0.61	0.0%	COM	42240Q104
SKIN	THE BEAUTY HEALTH COMPANY	10,000	$14	0.0%	$1.45	0.0%	COM CL A	88331L108

Increased Positions (1)

EEM ISHARES TR 49.2%

Value ($000) $243,935 (+28.9%) Shares 4,458,700 (+25.8%) Est. Cost $45.08 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
EEM	ISHARES TR	4,458,700 (+25.8%)	$243,935 (+28.9%)	49.2%	$45.08	—	MSCI EMG MKT ETF	464287234

Exited Positions (6)

EFA ISHARES TR 63.0%

Value ($000) $312,457 Shares 3,346,434 Est. Cost $85.96 Unrealized —

GOOGL ALPHABET INC 38.4%

Value ($000) $190,773 Shares 784,750 Est. Cost $176.27 Unrealized +62.0%

LNWO LIGHT & WONDER INC 4.5%

Value ($000) $22,263 Shares 265,220 Est. Cost $67.66 Unrealized +30.3%

QS QUANTUMSCAPE CORP 3.6%

Value ($000) $18,030 Shares 1,463,438 Est. Cost $35.12 Unrealized -60.7%

CRCL CIRCLE INTERNET GROUP INC 2.0%

Value ($000) $9,849 Shares 74,284 Est. Cost $162.91 Unrealized -36.6%

SRZN SURROZEN INC 0.1%

Value ($000) $672 Shares 52,130 Est. Cost $6.97 Unrealized +132.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
EFA	ISHARES TR	3,346,434	$312,457	63.0%	$85.96	—	—	464287465
GOOGL	ALPHABET INC	784,750	$190,773	38.4%	$176.27	+62.0%	—	02079K305
LNWO	LIGHT & WONDER INC	265,220	$22,263	4.5%	$67.66	+30.3%	—	80874P109
QS	QUANTUMSCAPE CORP	1,463,438	$18,030	3.6%	$35.12	-60.7%	—	74767V109
CRCL	CIRCLE INTERNET GROUP INC	74,284	$9,849	2.0%	$162.91	-36.6%	—	172573107
SRZN	SURROZEN INC	52,130	$672	0.1%	$6.97	+132.0%	—	86889P208

Unchanged Positions (13)

KOD KODIAK SCIENCES INC 3.9%

Value ($000) $19,342 Shares 691,767 Est. Cost $8.85 Unrealized +131.3%

HTFL HEARTFLOW INC 1.8%

Value ($000) $9,102 Shares 312,234 Est. Cost $32.24 Unrealized -0.1%

ANNX ANNEXON INC 0.5%

Value ($000) $2,422 Shares 482,550 Est. Cost $22.98 Unrealized -83.4%

EWJ ISHARES INC 15.8%

Value ($000) $78,420 Shares 971,270 Est. Cost $60.85 Unrealized —

CHYM CHIME FINL INC 0.2%

Value ($000) $1,060 Shares 42,110 Est. Cost $32.95 Unrealized -35.5%

KRP KIMBELL RTY PARTNERS LP 0.3%

Value ($000) $1,313 Shares 111,638 Est. Cost $14.57 Unrealized —

MATX MATSON INC 0.1%

Value ($000) $334 Shares 2,700 Est. Cost $66.28 Unrealized +61.5%

CARL CARLSMED INC 0.1%

Value ($000) $309 Shares 25,030 Est. Cost $13.67 Unrealized -2.6%

SI SHOULDER INNOVATIONS INC 0.0%

Value ($000) $193 Shares 13,521 Est. Cost $13.97 Unrealized -2.4%

BSM BLACK STONE MINERALS L P 0.4%

Value ($000) $1,965 Shares 147,852 Est. Cost $15.94 Unrealized —

AMTX AEMETIS INC 0.0%

Value ($000) $35 Shares 25,300 Est. Cost $1.80 Unrealized +11.7%

VNOM VIPER ENERGY INC 0.2%

Value ($000) $966 Shares 25,000 Est. Cost $38.10 Unrealized -0.6%

BOLT BOLT BIOTHERAPEUTICS INC 0.0%

Value ($000) $197 Shares 35,977 Est. Cost $6.62 Unrealized -18.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
KOD	KODIAK SCIENCES INC	691,767	$19,342	3.9%	$8.85	+131.3%	COM	50015M109
HTFL	HEARTFLOW INC	312,234	$9,102	1.8%	$32.24	-0.1%	COM	42238D107
ANNX	ANNEXON INC	482,550	$2,422	0.5%	$22.98	-83.4%	COM	03589W102
EWJ	ISHARES INC	971,270	$78,420	15.8%	$60.85	—	MSCI JAPAN ETF	46434G822
CHYM	CHIME FINL INC	42,110	$1,060	0.2%	$32.95	-35.5%	COM SHS CL A	16935C109
KRP	KIMBELL RTY PARTNERS LP	111,638	$1,313	0.3%	$14.57	—	UNIT	49435R102
MATX	MATSON INC	2,700	$334	0.1%	$66.28	+61.5%	COM	57686G105
CARL	CARLSMED INC	25,030	$309	0.1%	$13.67	-2.6%	COM	14280C105
SI	SHOULDER INNOVATIONS INC	13,521	$193	0.0%	$13.97	-2.4%	COMMON STOCK	82537J108
BSM	BLACK STONE MINERALS L P	147,852	$1,965	0.4%	$15.94	—	COM UNIT	09225M101
AMTX	AEMETIS INC	25,300	$35	0.0%	$1.80	+11.7%	COM NEW	00770K202
VNOM	VIPER ENERGY INC	25,000	$966	0.2%	$38.10	-0.6%	CL A	64361Q101
BOLT	BOLT BIOTHERAPEUTICS INC	35,977	$197	0.0%	$6.62	-18.9%	COM NEW	097702203