Filed: 11/14/2025ACC: 0001965304-25-000002
📋 What this filing means
MICHELSON MEDICAL RESEARCH FOUNDATION, INC. filed this quarterly 13F‑HR report disclosing 20 equity positions with a total reported market value of $115.01M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
20
Positions
$115.01M
Total AUM (reported)
2.39M
Total Shares
Allocation by class
GOLD MINERS ETF$17.90M15.6%
COM$17.47M15.2%
0-3 MNTH TREASRY$11.70M10.2%
S&P 500 VAL ETF$10.72M9.3%
VAN FTSE DEV MKT$9.48M8.2%
CL A NEW$7.13M6.2%
FTSE EMR MKT ETF$6.91M6.0%
Portfolio Concentration
Top 3$42.47M36.9%
4–10$49.19M42.8%
11–25$23.35M20.3%
Top 3 weight
36.9%
Top 10 weight
79.7%
Voting Authority Distribution
Total shares with voting rights: 2.39M
Sole
Full voting authority
2.39M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole20
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings20
Rows:
VANECK ETF TRUST
SOLEShares234.31K
TypeSH
Market value$17.90M
15.57%
Sole
234.31K
Shared
0.00
None
0.00
VAIL RESORTS INC
SOLEShares86K
TypeSH
Market value$12.86M
11.18%
Sole
86K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares116.23K
TypeSH
Market value$11.70M
10.18%
Sole
116.23K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares51.91K
TypeSH
Market value$10.72M
9.32%
Sole
51.91K
Shared
0.00
None
0.00
VANGUARD TAX-MANAGED FDS
SOLEShares158.16K
TypeSH
Market value$9.48M
8.24%
Sole
158.16K
Shared
0.00
None
0.00
DIGITALBRIDGE GROUP INC
SOLEShares609.50K
TypeSH
Market value$7.13M
6.20%
Sole
609.50K
Shared
0.00
None
0.00
VANGUARD INTL EQUITY INDEX F
SOLEShares127.63K
TypeSH
Market value$6.91M
6.01%
Sole
127.63K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares35.38K
TypeSH
Market value$5.28M
4.59%
Sole
35.38K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares35.09K
TypeSH
Market value$5.07M
4.41%
Sole
35.09K
Shared
0.00
None
0.00
SAFEHOLD INC
SOLEShares297.48K
TypeSH
Market value$4.61M
4.01%
Sole
297.48K
Shared
0.00
None
0.00
SPDR SERIES TRUST
SOLEShares63.51K
TypeSH
Market value$4.02M
3.50%
Sole
63.51K
Shared
0.00
None
0.00
MANCHESTER UTD PLC NEW
SOLEShares200K
TypeSH
Market value$3.03M
2.63%
Sole
200K
Shared
0.00
None
0.00
ISHARES INC
SOLEShares41.85K
TypeSH
Market value$2.85M
2.48%
Sole
41.85K
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares11.01K
TypeSH
Market value$2.80M
2.43%
Sole
11.01K
Shared
0.00
None
0.00
ISHARES INC
SOLEShares81.30K
TypeSH
Market value$2.52M
2.19%
Sole
81.30K
Shared
0.00
None
0.00
SPDR INDEX SHS FDS
SOLEShares16.75K
TypeSH
Market value$1.76M
1.53%
Sole
16.75K
Shared
0.00
None
0.00
ISHARES INC
SOLEShares27.43K
TypeSH
Market value$1.75M
1.52%
Sole
27.43K
Shared
0.00
None
0.00
ISHARES INC
SOLEShares20.16K
TypeSH
Market value$1.61M
1.40%
Sole
20.16K
Shared
0.00
None
0.00
ISHARES INC
SOLEShares20.10K
TypeSH
Market value$1.61M
1.40%
Sole
20.10K
Shared
0.00
None
0.00
CRESCENT ENERGY COMPANY
SOLEShares156.17K
TypeSH
Market value$1.39M
1.21%
Sole
156.17K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
VANECK ETF TRUSTSOLE | GOLD MINERS ETF | 234.31K | SH | $17.90M 15.57% | 234.31K | 0.00 | 0.00 |
VAIL RESORTS INCSOLE | COM | 86K | SH | $12.86M 11.18% | 86K | 0.00 | 0.00 |
ISHARES TRSOLE | 0-3 MNTH TREASRY | 116.23K | SH | $11.70M 10.18% | 116.23K | 0.00 | 0.00 |
ISHARES TRSOLE | S&P 500 VAL ETF | 51.91K | SH | $10.72M 9.32% | 51.91K | 0.00 | 0.00 |
VANGUARD TAX-MANAGED FDSSOLE | VAN FTSE DEV MKT | 158.16K | SH | $9.48M 8.24% | 158.16K | 0.00 | 0.00 |
DIGITALBRIDGE GROUP INCSOLE | CL A NEW | 609.50K | SH | $7.13M 6.20% | 609.50K | 0.00 | 0.00 |
VANGUARD INTL EQUITY INDEX FSOLE | FTSE EMR MKT ETF | 127.63K | SH | $6.91M 6.01% | 127.63K | 0.00 | 0.00 |
ISHARES TRSOLE | MICRO-CAP ETF | 35.38K | SH | $5.28M 4.59% | 35.38K | 0.00 | 0.00 |
ISHARES TRSOLE | ISHARES BIOTECH | 35.09K | SH | $5.07M 4.41% | 35.09K | 0.00 | 0.00 |
SAFEHOLD INCSOLE | COM | 297.48K | SH | $4.61M 4.01% | 297.48K | 0.00 | 0.00 |
SPDR SERIES TRUSTSOLE | S&P REGL BKG | 63.51K | SH | $4.02M 3.50% | 63.51K | 0.00 | 0.00 |
MANCHESTER UTD PLC NEWSOLE | ORD CL A | 200K | SH | $3.03M 2.63% | 200K | 0.00 | 0.00 |
ISHARES INCSOLE | MSCI MEXICO ETF | 41.85K | SH | $2.85M 2.48% | 41.85K | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | SMALL CP ETF | 11.01K | SH | $2.80M 2.43% | 11.01K | 0.00 | 0.00 |
ISHARES INCSOLE | MSCI BRAZIL ETF | 81.30K | SH | $2.52M 2.19% | 81.30K | 0.00 | 0.00 |
SPDR INDEX SHS FDSSOLE | S&P CHINA ETF | 16.75K | SH | $1.76M 1.53% | 16.75K | 0.00 | 0.00 |
ISHARES INCSOLE | MSCI TAIWAN ETF | 27.43K | SH | $1.75M 1.52% | 27.43K | 0.00 | 0.00 |
ISHARES INCSOLE | MSCI STH KOR ETF | 20.16K | SH | $1.61M 1.40% | 20.16K | 0.00 | 0.00 |
ISHARES INCSOLE | MSCI JPN ETF NEW | 20.10K | SH | $1.61M 1.40% | 20.10K | 0.00 | 0.00 |
CRESCENT ENERGY COMPANYSOLE | CL A COM | 156.17K | SH | $1.39M 1.21% | 156.17K | 0.00 | 0.00 |