David Swensen

Last Update: 05-16-2016

Number of Stocks: 5
Number of New Stocks: 3

Total Value: $355 Mil
Q/Q Turnover: 39%

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 Acquires Stake in Teladoc Company could change the health care industry by significantly reducing the cost of seeing a physician
David Swensen (Trades, Portfolio), Yale’s chief investment officer, purchased a 16,963-share stake in Teladoc Inc. (NYSE:TDOC) during the first quarter. Read more...
David Swensen Invests in Antero Resources Guru sells holdings in funds, boosts stake in ETF
David Swensen (Trades, Portfolio), chief investment officer at Yale University, made two new buys in the fourth quarter, one of which was large enough to become the top stake in his portfolio – his purchase of an 8,740,871-share stake in Antero Resources Corp. (NYSE:AR). Read more...
David Swensen Bets on Antero Resources The investment is now 56% of his total assets
David Swensen (Trades, Portfolio), the chief investment officer at Yale University since 1985, is responsible for managing and investing the university's endowment assets and investment funds, which total over $22 billion. The following are his heavily weighted trades during the fourth quarter. Read more...
Alexion Pharmaceuticals Loses Position in Swensen's Portfolio Guru sells LendingClub, Antero Resources and Inogen, buys Atara Biotherapeutics and Tesaro
David Swensen (Trades, Portfolio) has been the chief investment officer of Yale University's endowment fund since 1985. He is responsible for managing and investing the university's endowment assets and investment funds. Here are his most weighted stocks that got new positions or lost their positions in the portfolio during the third quarter. Read more...
David Swensen's Transactions Show Diversity of Portfolio Guru invests in ETFs, health care-related companies
David Swensen (Trades, Portfolio), Yale University’s chief investment officer for the last 30 years, has been a success using an investing strategy he sharpened at Yale. His personal third-quarter transactions reveal an interest in ETFs and health care-related stocks – but not exclusively. Those third-quarter transactions tend to demonstrate the diversity for which he is known. Read more...
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Commentaries and Stories

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David Swensen Acquires Stake in Teladoc Company could change the health care industry by significantly reducing the cost of seeing a physician David Swensen - David Swensen Acquires Stake In Teladoc
David Swensen (Trades, Portfolio), Yale’s chief investment officer, purchased a 16,963-share stake in Teladoc Inc. (NYSE:TDOC) during the first quarter. More...

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David Swensen Invests in Antero Resources Guru sells holdings in funds, boosts stake in ETF David Swensen - David Swensen Invests In Antero Resources
David Swensen (Trades, Portfolio), chief investment officer at Yale University, made two new buys in the fourth quarter, one of which was large enough to become the top stake in his portfolio – his purchase of an 8,740,871-share stake in Antero Resources Corp. (NYSE:AR). More...

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David Swensen Bets on Antero Resources The investment is now 56% of his total assets David Swensen,Seth Klarman,Glenn Greenberg,David T - David Swensen Bets On Antero Resources
David Swensen (Trades, Portfolio), the chief investment officer at Yale University since 1985, is responsible for managing and investing the university's endowment assets and investment funds, which total over $22 billion. The following are his heavily weighted trades during the fourth quarter. More...

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Alexion Pharmaceuticals Loses Position in Swensen's Portfolio Guru sells LendingClub, Antero Resources and Inogen, buys Atara Biotherapeutics and Tesaro David Swensen,Paul Tudor Jones,Andreas Halvorsen,L - Alexion Pharmaceuticals Loses Position In Swensen's Portfolio
David Swensen (Trades, Portfolio) has been the chief investment officer of Yale University's endowment fund since 1985. He is responsible for managing and investing the university's endowment assets and investment funds. Here are his most weighted stocks that got new positions or lost their positions in the portfolio during the third quarter. More...

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David Swensen's Transactions Show Diversity of Portfolio Guru invests in ETFs, health care-related companies David Swensen - David Swensen's Transactions Show Diversity Of Portfolio
David Swensen (Trades, Portfolio), Yale University’s chief investment officer for the last 30 years, has been a success using an investing strategy he sharpened at Yale. His personal third-quarter transactions reveal an interest in ETFs and health care-related stocks – but not exclusively. Those third-quarter transactions tend to demonstrate the diversity for which he is known. More...

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Hillhouse Capital's Lei Zhang's Lecture at Columbia Business School Chinese entrepreneur shares thoughts on investing and life lessons Warren Buffett,David Swensen - Hillhouse Capital's Lei Zhang's Lecture At Columbia Business School
In the high-flying world of investing, Lei Zhang maintains a relatively low profile. Yet since he was seeded by David Swensen (Trades, Portfolio) of Yale Endowment with $20 million in 2005, he has achieved a ~40% compounded annual return (28x not adjusting for inflation), making him one of the best-performing investment managers. To put it into perspective, Warren Buffett (Trades, Portfolio) has achieved a compounded annual return of ~22%, albeit for the past 50 years. More...

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Third Avenue International Value Fund's Letter Part 1 Investing is a marathon, not a sprint David Swensen - Third Avenue International Value Fund's Letter Part 1
Dear Fellow Shareholders, More...

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David Swensen Buys Stake in Vanguard MSCI Emerging Markets ETF David Swensen - David Swensen Buys Stake In Vanguard MSCI Emerging Markets ETF
In 30 years as chief investment officer at Yale University, David Swensen (Trades, Portfolio) has been quite successful. In the last decade, he has enjoyed an annual return of more than 17.2% on his investments. In his personal investments, Swensen applies knowledge he has gained in that role as well as in his six years on Wall Street prior to taking the job at Yale More...

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Notes From Hillhouse Capital's Lei Zhang's Lecture At Columbia Business School
In the high flying world of investing, Lei Zhang maintains a relatively low profile. Yet since he was seeded by David Swensen of Yale Endowment with $20 million in 2005, he has achieved a ~40% compounded annual return (28x not adjusting for inflation), making him one of the best performing investment managers. To put it into perspective, Warren Buffett has achieved a compounded annual return of ~22%, albeit for the past 50 years. Today, Lei Zhang’s Hillhouse Capital, named after a street nearby Yale where Lei received his MBA and master’s in public policy, manages ~$18 billion. Though not just focused on tech, Lei is best known for backing several most successful Chinese internet entrepreneurs and startups (e.g. Tencent, JD.com). On April 29, Lei paid a visit to the “Temple of Value Investing” Columbia Business School to share his investing and life lessons. Below are my summaries of his wisdom: More...

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7 Quirky Dividend Stocks
With bond yields in the gutter for these past six years, investors have grown accustomed to looking in… shall we say… “nonconventional” places for yield. Whether in odd corners of the stock market or in dodgy-looking private placements, anything offering a respectable current income is bound to get at least a little attention. More...

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Swensen Takes All-Or-Nothing Approach to First-Quarter Transactions David Swensen - Swensen Takes All-Or-Nothing Approach To First-Quarter Transactions
In the first quarter of 2015, as is frequently the case for him, guru David Swensen (Trades, Portfolio)’s stock transactions amounted to all or nothing. Not entirely, though. Swensen, the chief investment officer for Yale University since 1985, bought or sold stock in 11 companies in the quarter, and one – iShares MSCI EAFE Index Fund ETF (EFA) – was a reduction in an existing stake. More...

David Swensen


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How To Dress For A Rainy Day – The Absolute Return Letter
“It’s waiting that helps you as an investor, and a lot of people just can’t stand to wait.” More...

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Lessons from Jean-Marie Eveillard David Swensen - Lessons From Jean-Marie Eveillard
Over the past few years, I've had the fortune to learn from a legendary value investor - Jean-Marie Eveillard (Trades, Portfolio). Below are the notes from my various meetings with him. More...

JEAN-MARIE EVEILLARD


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David Swensen bought PBPB and GE
David Swensen (Trades, Portfolio) 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. Swensen also outperformed 99% of U.S.-based mutual funds. More...

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Swensen Buys Two Stocks in Third Quarter David Swensen - Swensen Buys Two Stocks In Third Quarter
The third quarter of 2014 was the least active trading quarter for guru David Swensen (Trades, Portfolio) in five years. Swensen, the chief investment officer at Yale University, traded in only five stocks in the third quarter. More...

STOCKS, PORTFOLIO, STEEL, SOCIAL MEDIA


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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


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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...

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

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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...

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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...

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