By the end of June 2021, Yale University’s endowment will have grown to $42 billion, up from $31 billion in 2020. Three-quarters of these contributions are dedicated to a specific purpose specified by the donor. The remaining monies are invested in the stock market by the Yale Corporation. The institution recorded a 40 percent investment return for the fiscal year that ended on June 30, totaling $12 billion in gains. Microsoft Corporation, DocuSign, and Lyft, Inc. are among the top equities in Yale University’s portfolio.
Here is Insider Monkey’s list of the top 10 stock picks of Yale University. At the end of the second quarter of 2021, Yale University had 10,500 shares of Douglas Emmett, Inc. valued at about $353,000, representing 0.13 percent of the company’s portfolio. The company also has office buildings along the Los Angeles beach. Upstart Holdings, Inc. stated recently that it will collaborate with Abound Credit Union in Kentucky to promote digital lending for adolescents and adults. Jim Cramer, a well-known financial commentator, recently praised the strength of neo banks in the digital economy. After the second quarter of 2021, Yale University-owned 16,000 shares of RAPT Therapeutics, Inc. RPT193, a therapeutic for atopic dermatitis, received favorable topline findings from Phase 1 trials to the company. The stock’s price objective was boosted to $143 from $85 by KeyBanc, which kept its Overweight rating. At the end of June 2021, Yale University had more than 85,000 shares of Asana, Inc. worth $5.32 million. Biohaven Pharmaceutical Holding Company Ltd. is primarily involved in researching and developing therapies for neurological and other uncommon diseases. The company recently revealed that the first patient has been enrolled in a clinical trial for BHV-1100, a medication being developed to treat multiple myeloma. For more details, click Top 10 Stock Picks Of Yale University.
