ROBERT WOOD JOHNSON FOUNDATION Portfolio Holdings

Q3 2025•2 long positions•$124.4M portfolio value

Holding3	Sector	Position↕	Traded↕	Ownership↕	Shares Δ↕	Shares Δ %	Market Cap↕	Owned Since↕
1 Karman Holdings Inc. KRMN	Unknown Unknown	$70.5M 56.68%	+$70.5M New	0.738% 976.3K shares	0 → 976.3K +$70.5M	New	$9.6B Mid Cap	Q3 2025 Held for 2 months
2 Blue Owl Capital OBDC	Financial - Credit Services Financial Services	$53.9M 43.32%	—	0.826% 4.2M shares	—	—	$6.5B Mid Cap	Q4 2022 Held for 2y 11m
3 Johnson & Johnson JNJ	Drug Manufacturers - General Healthcare	- —	-$52.7M Sold	— - shares	345.1K → 0 −$52.7M	Sold	$366.18B Mega Cap	≤ Q2 2013 Held for 12y 5m+

Holding3	Sector	Position↕	Traded↕	Ownership↕	Shares Δ↕	Shares Δ %	Market Cap↕	Owned Since↕
1 Karman Holdings Inc. KRMN	Unknown Unknown	$70.5M 56.68%	+$70.5M New	0.738% 976.3K shares	0 → 976.3K +$70.5M	New	$9.6B Mid Cap	Q3 2025 Held for 2 months
2 Blue Owl Capital OBDC	Financial - Credit Services Financial Services	$53.9M 43.32%	—	0.826% 4.2M shares	—	—	$6.5B Mid Cap	Q4 2022 Held for 2y 11m
3 Johnson & Johnson JNJ	Drug Manufacturers - General Healthcare	- —	-$52.7M Sold	— - shares	345.1K → 0 −$52.7M	Sold	$366.18B Mega Cap	≤ Q2 2013 Held for 12y 5m+

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