# S&G Foundation

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1874163. Source: https://holderbook.com/funds/1874163-s-g-foundation/

- Reported value: $2.1B
- Positions: 21
- Weight of the ten largest: 97.4%
- Filed: 2026-08-12

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 |
|---|---|---|---|---|---|
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $856.8M | 2,617,548 | 39.9% | 2 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $498.0M | 665 | 23.2% | 2 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $216.9M | 641,100 | 10.1% | 2 |
| INFLEQTION INC | [INFQ](https://holderbook.com/stocks/INFQ/) | $154.2M | 11,573,878 | 7.2% | 1 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $99.3M | 198,400 | 4.6% | 2 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $82.5M | 81,600 | 3.8% | 2 |
| EQUITY RESIDENTIAL | [EQR](https://holderbook.com/stocks/EQR/) | $81.5M | 1,200,000 | 3.8% | 2 |
| BANK OF NY MELLON CORP | [BNY](https://holderbook.com/stocks/BNY/) | $36.3M | 251,000 | 1.7% | 2 |
| US BANCORP | [USB](https://holderbook.com/stocks/USB/) | $33.8M | 560,000 | 1.6% | 2 |
| WESTERN ALLIANCE BANCORP | [WAL](https://holderbook.com/stocks/WAL/) | $30.9M | 375,638 | 1.4% | 2 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $20.9M | 253,314 | 1.0% | 2 |
| PROGRESSIVE CORP | [PGR](https://holderbook.com/stocks/PGR/) | $18.8M | 86,200 | 0.9% | 2 |
| STATE STR CORP | [STT](https://holderbook.com/stocks/STT/) | $4.4M | 25,773 | 0.2% | 2 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $3.6M | 7,000 | 0.2% | 2 |
| SHATTUCK LABS INC | [STTK](https://holderbook.com/stocks/STTK/) | $3.0M | 435,749 | 0.1% | 2 |
| ECOLAB INC | [ECL](https://holderbook.com/stocks/ECL/) | $2.7M | 9,740 | 0.1% | 2 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $999.9K | 10,837 | 0.0% | 2 |
| BERKLEY W R CORP | [WRB](https://holderbook.com/stocks/WRB/) | $238.0K | 3,375 | 0.0% | 2 |
| AMERICAN INTL GROUP INC | [AIG](https://holderbook.com/stocks/AIG/) | $223.6K | 3,000 | 0.0% | 2 |
| ALIBABA GROUP HLDG LTD | [BABA](https://holderbook.com/stocks/BABA/) | $76.8K | 800 | 0.0% | 2 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $37.3K | 300 | 0.0% | 2 |

## 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 | +10.1% | +14.8% | -4.7% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $2.1B | 21 |
| Q1 2026 | $1.9B | 20 |