Carnegie Mellon University
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.
Top Holdings
Equity Positions (5)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
D DUOL | DUOLINGO INC | 78.19% | $120.9M | 294,814 | $106.11 | $410.02 | +$24.7M |
Q QQQ | INVESCO QQQ TR | 21.78% | $33.7M | 61,039 | $511.22 | $551.64 | +$5.1M |
I IHT | INNSUITES HOSPITALITY TR | 0.01% | $22.5K | 10,000 | $2.18 | $2.25 | -$100 |
X XAGE | LONGEVITY HEALTH HLDGS INC | 0.01% | $11.3K | 4,482 | $5.58 | $2.52 | -$5.5K |
P POAI | PREDICTIVE ONCOLOGY INC | 0.01% | $8.6K | 10,358 | $3.29 | $0.83 | -$7.1K |