According to Foresight News , citing 13F filings, as of September 30, Harvard University held 6,813,612 shares of BlackRock ETF (IBIT), worth approximately $443 million, and 661,391 shares of SPDR Gold Shares ETF, worth approximately $235 million. Compared to the 1,906,000 IBIT shares and 333,000 GLD shares held at the end of June, these represent increases of 257% and 99%, respectively.
Bloomberg ETF analyst Eric Balchunas tweeted that IBIT has become Harvard University's largest single holding in its 13F filing and its largest increase in position during the third quarter. Purchasing ETFs is extremely rare and difficult for large university endowments, especially for institutions like Harvard and Yale, so this can be seen as the highest level of recognition for the ETF. While $500 million represents only about 1% of Harvard's total endowment, it's enough to place Harvard 16th among IBIT holders.
