Securities and Exchange Commission

Washington, D.C. 20549

Schedule 13D

Under the Securities Exchange Act of 1934

(Amendment No. 2)*

Stewart Enterprises, Inc.

(Name of Issuer)

Class A Common Stock, no par value

(Title of Class of Securities)

860370105

(CUSIP Number)

Kathryn I. Murtagh

Harvard Management Company, Inc.

600 Atlantic Avenue

Boston, MA 02210

(617) 523-4400

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

December 24, 2013

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.  ¨

Item 1. Security and Issuer.

This statement on Schedule 13D relates to the shares of Class A Common Stock, no par value (the “Common Stock”), of Stewart Enterprises, Inc., a Louisiana corporation (the “Issuer”), which has its principal executive offices at 1333 South Clearview Parkway, Jefferson, Louisiana 70121.

Item 2. Identity and Background.

This statement is filed by President and Fellows of Harvard College (“Harvard”), a Massachusetts educational corporation. The principal executive offices of Harvard are located at c/o Harvard Management Company, Inc., 600 Atlantic Avenue, Boston, Massachusetts 02210. Harvard’s investment activities are carried on from the offices of Harvard Management Company, Inc. at 600 Atlantic Avenue, Boston, Massachusetts 02210.

Information relating to each of the President, the Fellows and the executive officers of Harvard is contained in Exhibit A attached hereto and incorporated herein by reference. Each of the President, the Fellows and the executive officers of Harvard is a citizen of the Untied States of America.

None of Harvard or, to the best of Harvard’s knowledge or belief, any of the persons listed in Exhibit A has, during the past five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). Neither Harvard, nor to the best of Harvard’s knowledge and belief, any of the persons listed in Exhibit A has, during the past five years, been party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

Item 3. Source and Amount of Funds or Other Consideration.

Beneficial ownership of the Common Stock of the Issuer to which this statement relates was acquired by Harvard with Harvard’s general funds.

Item 4. Purpose of Transaction.

This Amendment No. 2 to Harvard’s Schedule 13D is occasioned by Harvard’s disposition of shares of Common Stock, as described in Item 5, below.

Except as described herein and in previous filings on Schedule 13D, Harvard does not have any plans or proposals which relate to or would result in any of the actions set forth in parts (a) through (j) of Item 4.

Item 5. Interest in Securities of the Issuer.

(a), (b) As of December 24, 2013, Harvard is the beneficial owner of 0 shares of Common Stock (0.0% of the shares of the Issuer’s issued and outstanding Common Stock).

Harvard has sole power to vote and sole power to dispose of such shares to which this statement relates.

(c) During the past sixty (60) days, Harvard bought shares of Common Stock of the Issuer in open-market transactions on NASDAQ. The transaction dates, number of shares bought and sold and prices per share during that period are set forth on Exhibit B hereto.

On December 24, 2013, the Issuer consummated its acquisition by Service Corporation International, a Texas corporation (“SCI”) pursuant to the terms of that certain Agreement and Plan of Merger dated May 28, 2013 between the Issuer, SCI, and Rio Acquisition Corp., a wholly-owned subsidiary of SCI. Harvard received $13.25 per share in exchange for its 5,659,062 shares of Common Stock held at the time of the acquisition.

(d) Not applicable.

(e) December 24, 2013.

Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.

Except as described in previous filings on Schedule 13D, Item 6 is not applicable.

Item 7. Material to be Filed as Exhibits.

Signature

After reasonable inquiry and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

Exhibit Index

Exhibit A

DIRECTORS AND EXECUTIVE OFFICERS

The names of the President, the Fellows and the executive officers of Harvard and their business addresses and present principal occupation or employment are set forth below. If no business address is given, the business address of such director or executive officer is c/o Harvard Management Company, Inc., 600 Atlantic Avenue, Boston, Massachusetts 02210.

PRESIDENT, FELLOWS AND EXECUTIVE OFFICERS OF HARVARD COLLEGE

Exhibit B

PRESIDENT AND FELLOWS OF HARVARD COLLEGE’S TRANSACTIONS

NOVEMBER 25, 2013 TO DECEMBER 24, 2013¹