# DUMAC, INC.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1584258. Source: https://holderbook.com/funds/1584258-dumac-inc/

- Reported value: $1.1B
- Positions: 16
- Weight of the ten largest: 99.5%
- Filed: 2026-08-11

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $840.3M | 1,223,510 | 76.4% | 3 |
| SCHWAB STRATEGIC TR | [SCHH](https://holderbook.com/stocks/SCHH/) | $187.8M | 7,929,093 | 17.1% | 3 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $11.8M | 58,868 | 1.1% | 1 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $11.4M | 31,935 | 1.0% | 1 |
| ISHARES TR | [INDA](https://holderbook.com/stocks/INDA/) | $10.0M | 201,973 | 0.9% | 8 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $9.6M | 25,702 | 0.9% | 1 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $9.2M | 38,679 | 0.8% | 1 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $6.9M | 12,180 | 0.6% | 1 |
| ISHARES INC | [ECH](https://holderbook.com/stocks/ECH/) | $5.4M | 137,000 | 0.5% | 2 |
| KASPI KZ JSC | [KSPI](https://holderbook.com/stocks/KSPI/) | $2.7M | 31,510 | 0.2% | 9 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $2.2M | 5,146 | 0.2% | 1 |
| MAKEMYTRIP LIMITED MAURITIUS | [MMYT](https://holderbook.com/stocks/MMYT/) | $1.4M | 27,037 | 0.1% | 11 |
| SK TELECOM CO LTD | [SKM](https://holderbook.com/stocks/SKM/) | $691.4K | 21,500 | 0.1% | 1 |
| SAGIMET BIOSCIENCES INC | [SGMT](https://holderbook.com/stocks/SGMT/) | $550.3K | 71,192 | 0.1% | 11 |
| ARCOS DORADOS HLDGS INC | [ARCO](https://holderbook.com/stocks/ARCO/) | $490.5K | 60,857 | 0.0% | 10 |
| NEXMETALS MINING CORP. | [NEXM](https://holderbook.com/stocks/NEXM/) | $72.5K | 43,223 | 0.0% | 3 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +13.8% | +14.8% | -1.0% | 100% |
| Q1 2026 | -3.1% | -4.6% | +1.5% | 100% |
| Q3 2025 | -3.2% | +7.8% | -11.0% | 100% |
| Q2 2025 | +13.7% | +10.5% | +3.2% | 81% |
| Q1 2025 | -1.3% | -4.6% | +3.3% | 100% |
| Q4 2024 | +5.7% | +2.1% | +3.5% | 62% |
| Q3 2024 | +1.1% | +5.4% | -4.3% | 100% |
| Q2 2024 | +1.2% | +4.0% | -2.8% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $1.1B | 16 |
| Q1 2026 | $820.4M | 10 |
| Q4 2025 | $651.0M | 10 |
| Q2 2025 | $15.9M | 7 |
| Q1 2025 | $25.1M | 9 |
| Q4 2024 | $64.8M | 10 |
| Q3 2024 | $30.8M | 10 |
| Q2 2024 | $31.3M | 11 |
| Q1 2024 | $27.6M | 11 |
| Q4 2023 | $32.4M | 15 |
| Q3 2023 | $37.3M | 18 |
| Q2 2023 | $30.5M | 13 |