David Swensen

Last Update: 2014-11-14

Number of Stocks: 3
Number of New Stocks: 2

Total Value: $52 Mil
Q/Q Turnover: 3%

Countries: USA
Details: Top Buys | Top Sales | Top Holdings  Embed:

David Swensen' s Profile & Performance

Profile

David Swensen has been the Chief Investment Officer at Yale University since 1985. He is responsible for managing and investing the University's endowment assets and investment funds, which total over $22 billion. Realizing an annual return of more than 17.2% on his investments over the last ten years, Swensen has added more than $16 billion to Yale's coffers. Mr. Swensen also outperformed 99% of U.S.-based mutual funds.

Investing Philosophy

He is chiefly noted for having invented what has become known as The Yale Model, a mechanism for Multi-Asset Class Investing. He purposely diversifies the portfolio across a broad range including typical stocks, bonds, real estate, timber, and private investments like venture capital and leverage plans.

Total Holding History

Top Ranked Articles

David Swensen Buys American International Group Inc., Franklin Resources Inc., RightNow Technologies Inc., Sells White Mountains Insurance Group Ltd., Nuance Communications Inc., eHealth Inc.
David F. Swensen, is the Adjunct Professor of Finance and Chief Investment Officer at Yale University. When he joined Yale, the Endowment Fund stood at $1.3 billion in 1986. Today it has crossed $22.5 billion. David Swensen has helped grow the fund by 17.2% in the last 10 years. These are some of his stock buys and sells during the fourth quarter. Read more...
Creating an 11.2% Portfolio from Andreas Halvorsen, David Swensen, Steve Mandel, John Griffin and Lee Ainslee Top Dividend Picks
Ask most income-seeking investors what they like best about dividend stocks, and they'll tell you the obvious answer: their current yield. But if you want to be a smarter long-term dividend investor, you have to go beyond current yields to learn the secret of dividend longevity — in order to make sure those payouts will keep coming year after year, decade after decade. That is why it is essential to evaluate each company's dividend history, payout ratio and business stability. Read more...
Yale Endowment Fund Loads Up EEM
Yale Endowment Fund just reported its first quarter portfolio. The fund is managed by David Swensen, who has built his fame for the outstanding performances of the fund. The fund buys Ishares MSCI Emerging Market Income ETF, Dionex Corp., Approach Resources Inc., sells Theravance Inc., The Goldman Sachs Group Inc., Genomic Health Inc., Savvis Inc. during the 3-months ended 03/31/2011, according to the most recent filings of his investment company, Yale University. As of 03/31/2011, Yale Endowment Fund owns 7 stocks with a total value of $117 million. These are the details of the buys and sells. Read more...
David Swensen Top Stocks: Douglas Emmett Inc., Acadia Realty Trust, Infinera Corp., TiVo Inc. David Swensen Top Stocks: DEI, AKR, INFN, TIVO
(GuruFocus, October 10, 2009) FT’s US managing editor Chrystia Freeland had a lunch with Investment Guru David Swensen and published a write-up in FT.com. It provides a glimpse of what occupies the mind of Swensen these days. Read more...
The Manual of Ideas: The Model Portfolio Issue, October 2011
This is an overview of the 111-page October 2011 monthly issue of The Manual of Ideas, entitled The Model Portfolio Issue. Read more...
» More David Swensen Articles

Commentaries and Stories

  • Currently 2.60/5

Rating: 2.6/5 (15 votes)

Creating an 11.2% Portfolio from Andreas Halvorsen, David Swensen, Steve Mandel, John Griffin and Lee Ainslee Top Dividend Picks
Ask most income-seeking investors what they like best about dividend stocks, and they'll tell you the obvious answer: their current yield. But if you want to be a smarter long-term dividend investor, you have to go beyond current yields to learn the secret of dividend longevity — in order to make sure those payouts will keep coming year after year, decade after decade. That is why it is essential to evaluate each company's dividend history, payout ratio and business stability. More...

DIVIDEND STOCKS


  • Currently 2.89/5

Rating: 2.9/5 (9 votes)

The Manual of Ideas: The Model Portfolio Issue, October 2011
This is an overview of the 111-page October 2011 monthly issue of The Manual of Ideas, entitled The Model Portfolio Issue. More...

  • Currently 2.50/5

Rating: 2.5/5 (14 votes)

David Swensen Yale Lecture
I figured this would be a good time to share a lecture I have enjoyed by David Swensen. More...

  • Currently 1.89/5

Rating: 1.9/5 (9 votes)

Yale Endowment Fund Buys Berkshire Hathaway, Franklin Resources, Higher One, Sells SPY, EEM, OEF, EFA
Yale Endowment Fund just reported its second quarter portfolio. The fund sold most of its ETF holdings and bought financial companies like Berkshire Hathaway, Franklin Resources, Higher One. As of 06/30/2011, Yale University owns 6 stocks with a total value of $17 million. These are the details of the buys and sells. More...

  • Currently 2.82/5

Rating: 2.8/5 (11 votes)

Yale Endowment Fund Loads Up EEM
Yale Endowment Fund just reported its first quarter portfolio. The fund is managed by David Swensen, who has built his fame for the outstanding performances of the fund. The fund buys Ishares MSCI Emerging Market Income ETF, Dionex Corp., Approach Resources Inc., sells Theravance Inc., The Goldman Sachs Group Inc., Genomic Health Inc., Savvis Inc. during the 3-months ended 03/31/2011, according to the most recent filings of his investment company, Yale University. As of 03/31/2011, Yale Endowment Fund owns 7 stocks with a total value of $117 million. These are the details of the buys and sells. More...

  • Currently 2.50/5

Rating: 2.5/5 (10 votes)

John Rogers Buys Viacom Inc., Lazard Ltd, Morgan Stanley, Sells Pitney Bowes Inc., American Express Company Ariel Fund Q3: Buys API, APOL, ARP, EDGW, FORD, LAZ, MS, MYRX, TOMO, VIA-B
Slow is fast for John Rogers, manager of the Ariel Fund. In a recent interview, he said that he is "extraordinarily comfortable" with the stock market at these levels. John's investment philosophy centers around buying small and medium-sized companies whose share prices are undervalued. He calculates what the private market value would be on such companies and buys those trading at a significant discounts to his figures. More...

  • Currently 2.44/5

Rating: 2.4/5 (9 votes)

Yale Endowment Fund Buys Rackspace Hosting Inc, JPMorgan Chase & Co., Sells Acadia Realty Trust, ArcSight Inc., Douglas Emmett Inc. Yale Endowment Fund Q3: Buys JPM, RAX
Yale endowment manager David Swensen is good at picking good investors. He manages a part of the endowment portfolio, too. This is his Q3 portfolio update. Swensen buys Rackspace Hosting Inc, JPMorgan Chase & Co., sells Acadia Realty Trust, Arcsight Inc., Douglas Emmett Inc., Infinera Corp., Tivo Inc. during the 3-months ended 09/30/2009, according to the most recent filings of his investment company, Yale University. David Swensen owns 7 stocks with a total value of $5 million. These are the details of the buys and sells. More...

  • Currently 3.29/5

Rating: 3.3/5 (7 votes)

David Swensen Top Stocks: Douglas Emmett Inc., Acadia Realty Trust, Infinera Corp., TiVo Inc. David Swensen Top Stocks: DEI, AKR, INFN, TIVO
(GuruFocus, October 10, 2009) FT’s US managing editor Chrystia Freeland had a lunch with Investment Guru David Swensen and published a write-up in FT.com. It provides a glimpse of what occupies the mind of Swensen these days. More...

  • Currently 2.50/5

Rating: 2.5/5 (10 votes)

David Swensen Keeps Playbook
WSJ: What about fund of funds and consultants? Can they be a solution? More...

  • Currently 2.38/5

Rating: 2.4/5 (13 votes)

Yale’s Swensen Buying Corporate Debt to Offset $6 Billion Loss
Yale University is buying debt to help its endowment recover after losing almost $6 billion in the last six months amid the global financial crisis. More...

  • Currently 2.46/5

Rating: 2.5/5 (13 votes)

Yale’s Endowment Drops 13.4%
Yale disclosed Tuesday that its endowment had fallen at least 13.4 percent in the four months since June as the decline in asset values during the financial crisis takes its toll on another university, The New York Times Geraldine Fabrikant reported. More...

  • Currently 2.96/5

Rating: 3.0/5 (24 votes)

David Swensen Buys American International Group Inc., Franklin Resources Inc., RightNow Technologies Inc., Sells White Mountains Insurance Group Ltd., Nuance Communications Inc., eHealth Inc.
David F. Swensen, is the Adjunct Professor of Finance and Chief Investment Officer at Yale University. When he joined Yale, the Endowment Fund stood at $1.3 billion in 1986. Today it has crossed $22.5 billion. David Swensen has helped grow the fund by 17.2% in the last 10 years. These are some of his stock buys and sells during the fourth quarter. More...

  • Currently 2.33/5

Rating: 2.3/5 (12 votes)

Endowments, Swensen-style
Yale University is a privileged institution. Many of its graduates go on to great power. George W. Bush was educated there, as were his predecessor Bill Clinton, his father George H.W. Bush, vice-president Dick Cheney and the man he beat in 2004, Senator John Kerry. More...

  • Currently 2.19/5

Rating: 2.2/5 (26 votes)

David Swensen Buys Google Inc., Trimble Navigation Ltd., Yahoo! Inc., Sells Electronic Clearing House Inc., Tyco International Ltd., Savvis Inc.
As Chief Investment Officer at Yale University since 1985. David Swensen has realized an annual return of more than 17.2 percent over the last ten years, outperforming 99% of U.S.-based mutual funds. Some interesting buys during the previous quarter: Google, Yahoo. These are the details. More...

  • Currently 2.75/5

Rating: 2.8/5 (12 votes)

For Yale’s Money Man, a Higher Calling
In the competitive, performance-driven world of money managers, David F. Swensen can boast of an extraordinary record. More...

  • Currently 1.92/5

Rating: 1.9/5 (24 votes)

David Swensen Buys SPY, American International Group, Crosstex Energy Inc., Sells Carters Inc.
Dr. David Swensen, Chief Investment Officer of Yale University, buys American International Group, Crosstex Energy Inc., Tyco International Ltd., SAVVIS Inc., Kyphon Inc., Electronic Clearing House Inc., Granite City Food & Brewery Lt, DOUGLAS EMMETT, sells Carters Inc., during the 3-months ended 12/31/2006. David Swensen owns 17 stocks with a total value of $563 million. These are the details of the buys and sells. More...

  • Currently 1.61/5

Rating: 1.6/5 (18 votes)

Introducing David Swensen
Yale University recently announced a 23 percent return on its investments, swelling its endowment to a whopping $18 billion. The man behind that investment success is David Swensen, one of the most gifted investors in the world. He's made an average 16 percent annual return over 21 years -- better than any portfolio manager at any other university. More...

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