Key Takeaways
- • Emory University, the Atlanta-based institution, bought shares of BlackRock's iShares Gold Trust, sold its shares of a PIMCO active ETF, and increased its holdings in two other positions, according to Pensions & Investments.
- • The reallocation moves Emory's endowment toward a physical gold exposure and away from an actively managed PIMCO short-maturity bond fund.
- • The primary source's text available for this story is limited; the trade details are drawn from the P&I Endowments & Foundations research summary dated November 12, 2025.
Summary
Emory University, the Atlanta-based university, bought BlackRock's iShares gold ETF, sold its shares of a PIMCO active ETF and increased its holdings in two other funds, according to a Pensions & Investments report dated November 12, 2025. The report appears in P&I's Endowments & Foundations coverage, which tracks portfolio changes disclosed by institutional investors.
The iShares gold product is the iShares Gold Trust, a physically backed vehicle that BlackRock markets to both institutional and retail investors as an exchange-traded share class. The PIMCO position that Emory exited is the PIMCO Enhanced Short Maturity Active Exchange-Traded Fund (ticker MINT). According to PIMCO's fund description, MINT invests at least 80% of its net assets in a diversified portfolio of fixed income instruments of varying maturities and seeks maximum current income consistent with preservation of capital. The fund's sale therefore reflects a shift away from a short-duration active bond strategy.
The primary article's full text was not available in the material reviewed, so the identities of the two funds Emory increased and the size of the trades were not confirmed. Readers seeking position sizes or allocation percentages should consult the original P&I article or the university's public investment disclosures.
The iShares gold product is the iShares Gold Trust, a physically backed vehicle that BlackRock markets to both institutional and retail investors as an exchange-traded share class. The PIMCO position that Emory exited is the PIMCO Enhanced Short Maturity Active Exchange-Traded Fund (ticker MINT). According to PIMCO's fund description, MINT invests at least 80% of its net assets in a diversified portfolio of fixed income instruments of varying maturities and seeks maximum current income consistent with preservation of capital. The fund's sale therefore reflects a shift away from a short-duration active bond strategy.
The primary article's full text was not available in the material reviewed, so the identities of the two funds Emory increased and the size of the trades were not confirmed. Readers seeking position sizes or allocation percentages should consult the original P&I article or the university's public investment disclosures.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.