NP
National Philanthropic Trust 13F Holdings & Position Changes (Q2 2026)
National Philanthropic TrustCIK: 0001785342
Diversified strategyMomentum followerSector-focused
Total reported value
$6.9B
Reporting period: 2026-06-30 · Number of holdings: 409
National Philanthropic Trust disclosed 409 holdings in its latest 13F filing for the period ending 2026-06-30, with total reported value of $6.9B and a quarterly turnover rate of 50.8%.
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Personality snowflake
- Concentration
- 26.65
- Portfolio Stability
- 50.8
- Momentum
- 100
- Sector conviction
- 81.72
- Diversification
- 100
- Sizing Uniformity
- 48.7
National Philanthropic Trust's disclosed holdings carry a Herfindahl concentration index of 0.067 — mathematically equivalent to about 15 equally-sized positions, well below its 409 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes vary widely across the portfolio (a coefficient of variation of 5.13), with a handful of outsized bets alongside many smaller positions.
No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.
Sector classification currently covers about 51% of this portfolio's disclosed value; the remainder includes holdings (e.g. unmapped tickers, options, or other security types) not yet covered by our sector mapping.
Source and citation information
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Recent moves
View source Form 13F filing on SEC.govTrim NVDA
-86.9% -$1.4B
Trim GOOGL
-72.0% -$701.0M
Add IVV
-0.6% $139.7M
Trim AVGO
-98.9% -$477.1M
Add APO
+1.5% $77.8M
Trim AMZN
-90.2% -$332.9M
Holdings Map
New buyAddUnchangedTrim
* This report is exclusively curated by the AlphaSMO team. AlphaSMO is the web's most authoritative 13F / Inside Trader database, delivering precise insider trading and institutional holdings insights.
Top 10 holdings by weight
Full holdings list this quarter
Showing top 200 holdings (of 409 total)
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | IVV | Ishares Core S&p 500 ETF | ETF-Large Cap & Growth | 16.51% | +5.83% | -0.62% | |
| 2 | APO | Apollo Global Management Inc | Stock-Financials | 15.63% | +4.94% | +1.48% | |
| 3 | VOO | Vanguard S&p 500 ETF | ETF-Large Cap & Growth | 5.56% | +2.27% | +8.49% | |
| 4 | GOOGL | Alphabet Inc-cl A | Stock-Comm Services | 5.42% | -6.04% | -71.97% | |
| 5 | GOOG | Alphabet Inc-cl C | Stock-Comm Services | 4.21% | +1.70% | +0.22% | |
| 6 | NVDA | Nvidia CORP | Stock-Tech | 3.69% | -14.39% | -86.89% | |
| 7 | BX | Blackstone Inc | Stock-Financials | 3.30% | +0.88% | -1.86% | |
| 8 | CVNA | Carvana Co | Stock-Consumer Disc | 2.62% | +0.42% | +319.35% | |
| 9 | AGG | Ishares Core U.s. Aggregate | ETF-Other | 2.61% | +0.70% | +0.77% | |
| 10 | IEFA | Ishares Core Msci Eafe ETF | ETF-Other | 2.43% | +0.73% | -1.44% | |
| 11 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-Large Cap & Growth | 1.89% | +0.73% | +3.97% | |
| 12 | TSM | Taiwan Semiconductor-sp Adr | Stock-Tech | 1.85% | +0.89% | +0.04% | |
| 13 | BSV | Vanguard Short-term Bond ETF | ETF-Other | 1.74% | +0.45% | +0.42% | |
| 14 | VO | Vanguard Mid-cap ETF | ETF-Other | 1.63% | +0.54% | +293.11% | |
| 15 | IWM | Ishares Russell 2000 ETF | ETF-Small Cap | 1.45% | +0.59% | +2.21% | |
| 16 | IEMG | Ishares Core Msci Emerging | ETF-Emerging Markets | 1.20% | +0.39% | -7.92% | |
| 17 | URTH | Ishares Msci World ETF | ETF-Other | 1.18% | +0.48% | +10.13% | |
| 18 | ABNB | Airbnb Inc-class A | Stock-Consumer Disc | 0.98% | +0.33% | -1.58% | |
| 19 | HYG | Ishr Ibx Usd Hiyld Cb Etf-ui | ETF-High Yield | 0.89% | +0.22% | -3.02% | |
| 20 | IAU | Ishares Gold Trust | ETF-Commodities | 0.81% | +0.10% | -2.24% | |
| 21 | TDG | Transdigm Group Inc | Stock-Industrials | 0.77% | +0.28% | +0.11% | |
| 22 | VTI | Vanguard Total Stock Mkt ETF | ETF-Other | 0.76% | +0.27% | -1.32% | |
| 23 | VXUS | Vanguard Total Intl Stock | ETF-Other | 0.76% | +0.55% | +137.67% | |
| 24 | VOTE | Tcw Transform 500 ETF | ETF-Other | 0.61% | +0.22% | — | |
| 25 | AMZN | Amazon.com Inc | Stock-Consumer Disc | 0.61% | -3.38% | -90.22% | |
| 26 | UNH | Unitedhealth Group Inc | Stock-Healthcare | 0.60% | +0.31% | -0.16% | |
| 27 | KKR | Kkr & Co Inc | Stock-Financials | 0.58% | +0.20% | +13.32% | |
| 28 | PANW | Palo Alto Networks Inc | Stock-Tech | 0.57% | +0.38% | +1.01% | |
| 29 | RBLX | Roblox CORP -class A | Stock-Comm Services | 0.53% | +0.12% | — | |
| 30 | EFA | Ishares Msci Eafe ETF | ETF-Other | 0.51% | +0.28% | +51.00% | |
| 31 | ICF | Ishares Select U.s. Reit ETF | ETF-Other | 0.44% | +0.14% | -0.73% | |
| 32 | NU | Nu Holdings Ltd. | Stock-Financials | 0.44% | +0.08% | -2.81% | |
| 33 | OWL | Blue Owl Capital Inc | Stock-Financials | 0.44% | +0.10% | -1.15% | |
| 34 | JIRE | Jpmorgan Int Res Enh Eqty | ETF-Other | 0.42% | +0.09% | -14.28% | |
| 35 | META | Meta Platforms Inc-class A | Stock-Comm Services | 0.41% | +0.28% | +138.76% | |
| 36 | AAPL | Apple Inc | Stock-Tech | 0.39% | +0.15% | +2.36% | |
| 37 | HTRB | Hartford Ttl Rtrn Bnd ETF | ETF-Other | 0.35% | +0.06% | -9.74% | |
| 38 | MDLN | Medline Inc-cl A | Stock-Other | 0.33% | +0.07% | +2.84% | |
| 39 | ALAB | Astera Labs Inc | Stock-Tech | 0.32% | +0.27% | +6.39% | |
| 40 | DSI | Ishares Esg Msci Kld 400 ETF | ETF-Other | 0.31% | +0.10% | -9.51% | |
| 41 | VEA | Vanguard Ftse Developed ETF | ETF-Other | 0.30% | +0.07% | -12.51% | |
| 42 | GRBK | Green Brick Partners Inc | Stock-Other | 0.27% | +0.11% | — | |
| 43 | TLN | Talen Energy CORP | Stock-Utilities | 0.26% | +0.10% | — | |
| 44 | ETON | Eton Pharmaceuticals Inc | Stock-Other | 0.26% | +0.13% | — | |
| 45 | BND | Vanguard Total Bond Market | ETF-Other | 0.25% | +0.08% | +9.51% | |
| 46 | QQQ | Invesco Qqq Trust Series 1 | ETF-Tech | 0.25% | +0.11% | -0.32% | |
| 47 | MSFT | Microsoft CORP | Stock-Tech | 0.24% | -1.58% | -90.23% | |
| 48 | RSP | Invesco S&p 500 Equal Weight | ETF-Large Cap & Growth | 0.23% | +0.11% | +19.92% | |
| 49 | RYAAY | Ryanair Holdings Plc-sp Adr | Stock-Industrials | 0.21% | +0.07% | — | |
| 50 | CPNG | Coupang Inc | Stock-Consumer Disc | 0.21% | +0.03% | -7.65% |
1–50 of 200
Portfolio Performance
Performance for Q3 2026
+0.4%
Performance Last 4 Quarters
+20.1%
- Stdev
- +19.1%
- Beta
- +1.37
- Alpha
- -2.2%
- Max Drawdown
- -15.2%
- Annualized Perf
- +24%
- Batting Avg vs S&P
- +55.6%
- Sortino
- +2.62
- Stutzer
- +0.37
- Treynor
- +0.17
- Sterling
- +1.06
- Calmar
- +1.58
- Information Ratio
- +0.44
- Tracking Error
- +10.8%
- Stdev Down
- +9%
- Winning Months %
- +63%
- Losing Months %
- +37%
- Best 12 Months
- +44.6%
- Worst 12 Months
- +15.3%
- Efficiency Ratio
- +0.53
- Sharpe
- +1.23
- Stdev Sectors
- +12.8%
- Skewness
- +0.47
- Kurtosis
- +0.6
- Upside Potential
- +4.23
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
Holding changes this quarter
National Philanthropic Trust's most significant position changes for 2026-06-30: New buy: Adma Biologics Inc (ADMA); Sold out: Calavo Growers Inc; Sold out: Soleno Therapeutics Inc (SLNOEUR); New buy: Green Dot Corp-class A (GDOT); New buy: Twin Oak ETF Company (TOS).
Showing top 200 changes by size (of 433 total)
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | IVV | Ishares Core S&p 500 ETF | +5.8% | -0.62% | Trim |
| 2 | APO | Apollo Global Management Inc | +4.9% | +1.48% | Add |
| 3 | VOO | Vanguard S&p 500 ETF | +2.3% | +8.49% | Add |
| 4 | GOOG | Alphabet Inc-cl C | +1.7% | +0.22% | Add |
| 5 | TSM | Taiwan Semiconductor-sp Adr | +0.9% | +0.04% | Add |
| 6 | BX | Blackstone Inc | +0.9% | -1.86% | Trim |
| 7 | SPY | Ss Spdr S&p 500 ETF Trust-us | +0.7% | +3.97% | Add |
| 8 | IEFA | Ishares Core Msci Eafe ETF | +0.7% | -1.44% | Trim |
| 9 | AGG | Ishares Core U.s. Aggregate | +0.7% | +0.77% | Add |
| 10 | IWM | Ishares Russell 2000 ETF | +0.6% | +2.21% | Add |
| 11 | VXUS | Vanguard Total Intl Stock | +0.6% | +137.67% | Add |
| 12 | VO | Vanguard Mid-cap ETF | +0.5% | +293.11% | Add |
| 13 | URTH | Ishares Msci World ETF | +0.5% | +10.13% | Add |
| 14 | CVNA | Carvana Co | +0.4% | +319.35% | Add |
| 15 | IEMG | Ishares Core Msci Emerging | +0.4% | -7.92% | Trim |
| 16 | PANW | Palo Alto Networks Inc | +0.4% | +1.01% | Add |
| 17 | ABNB | Airbnb Inc-class A | +0.3% | -1.58% | Trim |
| 18 | UNH | Unitedhealth Group Inc | +0.3% | -0.16% | Trim |
| 19 | META | Meta Platforms Inc-class A | +0.3% | +138.76% | Add |
| 20 | EFA | Ishares Msci Eafe ETF | +0.3% | +51.00% | Add |
| 21 | TDG | Transdigm Group Inc | +0.3% | +0.11% | Add |
| 22 | ALAB | Astera Labs Inc | +0.3% | +6.39% | Add |
| 23 | VTI | Vanguard Total Stock Mkt ETF | +0.3% | -1.32% | Trim |
| 24 | VOTE | Tcw Transform 500 ETF | +0.2% | — | Unchanged |
| 25 | HYG | Ishr Ibx Usd Hiyld Cb Etf-ui | +0.2% | -3.02% | Trim |
| 26 | KKR | Kkr & Co Inc | +0.2% | +13.32% | Add |
| 27 | AAPL | Apple Inc | +0.2% | +2.36% | Add |
| 28 | ADMA | Adma Biologics Inc | +0.1% | NEW | New buy |
| 29 | ICF | Ishares Select U.s. Reit ETF | +0.1% | -0.73% | Trim |
| 30 | ETON | Eton Pharmaceuticals Inc | +0.1% | — | Unchanged |
| 31 | RBLX | Roblox CORP -class A | +0.1% | — | Unchanged |
| 32 | GLW | Corning Inc | +0.1% | +1.71% | Add |
| 33 | RSP | Invesco S&p 500 Equal Weight | +0.1% | +19.92% | Add |
| 34 | QQQ | Invesco Qqq Trust Series 1 | +0.1% | -0.32% | Trim |
| 35 | GRBK | Green Brick Partners Inc | +0.1% | — | Unchanged |
| 36 | IAU | Ishares Gold Trust | +0.1% | -2.24% | Trim |
| 37 | DVA | Davita Inc | +0.1% | — | Unchanged |
| 38 | TLN | Talen Energy CORP | +0.1% | — | Unchanged |
| 39 | OWL | Blue Owl Capital Inc | +0.1% | -1.15% | Trim |
| 40 | DSI | Ishares Esg Msci Kld 400 ETF | +0.1% | -9.51% | Trim |
| 41 | GDOT | Green Dot Corp-class A | +0.1% | NEW | New buy |
| 42 | JIRE | Jpmorgan Int Res Enh Eqty | +0.1% | -14.28% | Trim |
| 43 | DDOG | Datadog Inc - Class A | +0.1% | -5.30% | Trim |
| 44 | NU | Nu Holdings Ltd. | +0.1% | -2.81% | Trim |
| 45 | BND | Vanguard Total Bond Market | +0.1% | +9.51% | Add |
| 46 | TOS | Twin Oak ETF Company | +0.1% | NEW | New buy |
| 47 | QUAL | Ishares Msci USA Quality Fac | +0.1% | +605.77% | Add |
| 48 | VONV | Vanguard Russell 1000 Value | +0.1% | NEW | New buy |
| 49 | ✓ | Horizon Quantum Holdings LTD Cl A Ord Shs | +0.1% | — | Unchanged |
| 50 | JPM | Jpmorgan Chase & Co | +0.1% | +42.34% | Add |
1–50 of 200
Filing History
FAQ
What is National Philanthropic Trust and what type of investor is it?
National Philanthropic Trust is an investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-06-30), the firm manages a tracked equity portfolio valued at approximately $6.9B, spread across 409 disclosed positions.
What are National Philanthropic Trust's largest equity positions?
Based on the latest 13F filing, National Philanthropic Trust's top holdings by market value are:
1. Ishares Core S&p 500 ETF (IVV) — $1.1B (16.5%)
2. Apollo Global Management Inc (APO) — $1.1B (15.6%)
3. Vanguard S&p 500 ETF (VOO) — $384.7M (5.6%)
4. Alphabet Inc-cl A (GOOGL) — $374.7M (5.4%)
5. Alphabet Inc-cl C (GOOG) — $291.0M (4.2%)
What changes did National Philanthropic Trust make in its most recent portfolio filing?
In the latest reported quarter, National Philanthropic Trust made 166 notable position adjustments: 34 new positions were initiated, 72 existing holdings were added to, 47 positions were partially reduced, and 13 were completely exited. The largest of these moves: New buy: Adma Biologics Inc (ADMA); Sold out: Calavo Growers Inc; Sold out: Soleno Therapeutics Inc (SLNOEUR); New buy: Green Dot Corp-class A (GDOT); New buy: Twin Oak ETF Company (TOS)
What sectors does National Philanthropic Trust focus on?
National Philanthropic Trust is concentrated in the following sectors based on its current disclosed equity portfolio:
• Financials: 43.4%
• Communication Services: 21.2%
• Information Technology: 16.4%
• Consumer Discretionary: 9.8%
• Health Care: 3.4%
• Industrials: 3.1%
Investment Profile
National Philanthropic Trust returned an annualized 24.0% over the trailing 27 months — underperforming the S&P 500 by 2.2 points — based on a reconstructed track record of its disclosed 13F positions, with a beta of 1.37 (more volatile than the market) and a 56% quarterly batting average against the index.
Its portfolio is broadly diversified and moderately active, with 43.4% of the portfolio concentrated in Financials.
Its turnover score has risen from 22 to 51 over the past 4 quarters — a shift toward more active trading.
It has added to its TSM position over the past two quarters (+$44.7M, now $127.8M), while trimming NVDA over the same stretch (-$1.6B, still holding $255.3M).
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Developer Access
Access National Philanthropic Trust's institutional profile programmatically:
REST API
curl https://alphasmo.com/api/v1/institutions/national-philanthropic-trustCLI
npx alphasmo institutions get national-philanthropic-trust