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Stanford Trustees Dumped Over 1 Million Shares of QuantumScape. Is This a Warning Sign?

What happenedAccording to a filing with the Securities and Exchange Commission dated November 4, 2025, the Board of Trustees of The Leland Stanford Junior University reduced its position in QuantumScape (QS +4.28%) by 1,018,000 shares.The transaction was estimated at 9.93million,leavesthefundholdingapproximately1.46millionshares.WhatelsetoknowQuantumScapenowrepresents2.129.93 million, leaves the fund holding approximately 1.46 million shares.What else to knowQuantumScape now represents 2.12% of the fund’s 13F assets under management.Top holdings after the filing:EFA: 312.46 million (36.7% of AUM)GOOGL: $190.7 ...