The $8 billion endowment reduced its holding by 1.7 million shares to 1.52 million last quarter, according to a Friday 13F filing on US equity holdings.
Brown's stake in Blue Owl Capital Inc., the parent company, was unchanged at 2.57 million shares from the end of 2025.
The move signals reduced exposure to the $1.8 trillion private credit market, echoing a broader pullback by retail investors from the sector.
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