5 Biggest Endowments in the US and Their Investments

In this article, we discuss the 5 biggest endowments in the US and their investments. If you want to check out our detailed analysis of the biggest American endowments, go directly to 15 Biggest Endowments in the US and Their Investments.

5. Princeton University

Value: $35.8 billion

Princeton University is another Ivy League institute whose endowment is on the list of biggest endowments in America and their investments. It is valued at $35.8 billion in FY 2022, after a -1.8% loss due to market downturn. It is managed by Princeton University Investment Company (PRINCO). 

PRINCO has an equity-securities-favoring investment strategy due to its objective of reaching over 10% return every year on average. The fund is able to tolerate above average volatility and below average liquidity due to low spending requirements. 

In terms of asset allocation, private equity dominates its portfolio, with a 30% capital allocation, followed by Independent Return instruments at 24%. It allocates the lowest share of its capital to debt instruments, at 6%.