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Carnegie Mellon University

CIK:0001039067
Endowment
$7B AUM
5 holdings
Pittsburgh, PA, United States
Founded:1900
19 employees
Latest filing:Jun 30, 2025

Carnegie Mellon University, headquartered in Pittsburgh, Pennsylvania, is a premier private research university founded in 1900. The Investment Office manages the university’s long-term financial resources, primarily the endowment, ensuring perpetual financial support for the university’s academic and research mission. The university employs a disciplined, diversified investment approach and works with top-tier investment managers. The Investment Office team typically operates with a small staff dedicated to stewardship of endowment assets exceeding $6.5 billion, supporting a university community of thousands of students, faculty, and staff.

Investment Strategy

Carnegie Mellon University’s Investment Office employs a disciplined investment process designed to maximize long-term expected returns within acceptable levels of risk. The endowment is invested globally across a broad range of asset classes, including public equity, private equity, venture capital, hedge funds, real estate, natural resources, and fixed income. The strategy focuses on maintaining a diversified portfolio working with elite investment managers to both protect and grow the capital in perpetuity, supporting university operations while preserving purchasing power for future generations.

Latest 13F Filing Activity

Carnegie Mellon University filed their most recent 13F report on Jun 30, 2025 disclosing 5 equity positions with a total 13F market value of $155M. The fund increased holdings in Duolingo Inc., Invesco QQQ TR, Innsuites Hospitality TR among other positions. Carnegie Mellon University reduced exposure to PDD Holdings Inc., Predictive Oncology Inc., Longevity Health HLDGS Inc. among others.

Top Buys
D
DUOLDUOLINGO INC
+$24.7M
Q
QQQINVESCO QQQ TR
+$5.1M
P
POAIPREDICTIVE ONCOLOGY INC
-$7.1K
X
XAGELONGEVITY HEALTH HLDGS INC
-$5.5K
I
IHTINNSUITES HOSPITALITY TR
-$100
Top Sells
D
DUOLDUOLINGO INC
+$24.7M
Q
QQQINVESCO QQQ TR
+$5.1M
P
PDDPDD HOLDINGS INC
-$4.2M
P
POAIPREDICTIVE ONCOLOGY INC
-$7.1K
X
XAGELONGEVITY HEALTH HLDGS INC
-$5.5K

Top Holdings

D
DUOLDUOLINGO INC
+78.2%$120.9M
Q
QQQINVESCO QQQ TR
+21.8%$33.7M
I
IHTINNSUITES HOSPITALITY TR
+0.0%$22.5K
X
XAGELONGEVITY HEALTH HLDGS INC
+0.0%$11.3K
P
POAIPREDICTIVE ONCOLOGY INC
+0.0%$8.6K

Equity Positions (5)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
DUOLINGO INC78.19%$120.9M294,814$106.11$410.02+$24.7M
INVESCO QQQ TR21.78%$33.7M61,039$511.22$551.64+$5.1M
INNSUITES HOSPITALITY TR0.01%$22.5K10,000$2.18$2.25-$100
LONGEVITY HEALTH HLDGS INC0.01%$11.3K4,482$5.58$2.52-$5.5K
PREDICTIVE ONCOLOGY INC0.01%$8.6K10,358$3.29$0.83-$7.1K

Industry Allocation

SERVICES-PREPACKAGED SOFTWARE
+72.1%
REAL ESTATE INVESTMENT TRUSTS
+0.0%
ORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES
+0.0%