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Harvard Endowment Makes IBIT Its Largest Disclosed Holding With $443 Million Q3 Stake

The filing signals long‑horizon buying into regulated vehicles despite sharp spot‑ETF outflows.

Overview

  • Harvard reported 6,813,612 shares of BlackRock’s iShares Bitcoin Trust as of Sept. 30, valued at about $442.8 million and accounting for roughly 20% of its U.S.-listed public equity holdings.
  • The IBIT position is the endowment’s largest holding reported on its 13F, though it represents less than 1% of Harvard’s roughly $56–57 billion total endowment.
  • Harvard also nearly doubled its SPDR Gold Shares stake to about 661,391 shares valued near $235 million, indicating a concurrent tilt toward gold.
  • Spot Bitcoin ETFs posted heavy redemptions this week, with about $867 million of net outflows on Thursday and $462 million on Friday, while bitcoin fell toward $95,000–$96,000.
  • Other universities disclosed bitcoin‑ETF exposure in Q3, including Emory’s larger Grayscale Bitcoin Mini Trust stake and Brown’s IBIT holding, as IBIT remains the largest spot bitcoin ETF with nearly $75 billion in assets.