Trade Like the University of California

The university system's holdings include Exxon and Merck.
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Updated from 9:03 a.m. EST

Hedge funds and mutual funds aren't the only organizations that manage money. University endowment funds also direct large amounts of investments.

In recent weeks, Stockpickr reviewed the portfolios of

Harvard

and

Yale

. This week, we look at the

University of California

.

The University of California has a student body of more than 191,000 students, with the seventh-largest endowment in the U.S., according to the National Association of College and University Business Officers.

One of the stocks that the University of California thinks deserves a high enough grade to be worth buying is

Exxon Mobil

(XOM) - Get Report

.

To read more,

visit Stockpickr.com

.

In midday trading, Exxon Mobil shares were down, recently trading at $73.55 (down 1.6% for the day).

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