Harvard Management Co INC

Momentum followerSector-focusedQuality / disciplined sizing

Total reported value

$1.8B

Reporting period: 2026-03-31 · Number of holdings: 17

HARVARD MANAGEMENT CO INC disclosed 17 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $1.8B and a quarterly turnover rate of 39.7%.

Personality snowflake

Concentration: 35.72
Portfolio Stability: 39.69
Momentum/Contrarian: 100
Sector conviction: 97.02
Diversification: 34
Sizing Uniformity: 92.58

Recent moves

Add TSM
+123.9%　$138.9M
Trim IBIT
-43.1%　-$148.8M
Add NVDA
+81.3%　$53.2M
Add AVGO
+47.3%　$35.3M
Trim GOOGL
-23.6%　-$75.5M
Add UNP
+3.8%　$12.5M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	TSM	Taiwan Semiconductor-sp Adr	Stock-Tech	12.78%	+8.30%	+123.86%
2	GLD	Spdr Gold Shares	ETF-Commodities	11.01%	-0.93%	-25.86%
3	MSFT	Microsoft CORP	Stock-Tech	10.46%	-0.93%	+4.78%
4	GOOGL	Alphabet Inc-cl A	Stock-Comm Services	9.77%	-2.39%	-23.63%
5	UNP	Union Pacific CORP	Stock-Industrials	8.48%	+1.68%	+3.79%
6	AMZN	Amazon.com INC	Stock-Consumer Disc	8.23%	+0.68%	+5.54%
7	BKNG	Booking Holdings INC	Stock-Consumer Disc	8.10%	-0.57%	+3.77%
8	AVGO	Broadcom INC	Stock-Tech	8.08%	+2.72%	+47.29%
9	NVDA	Nvidia CORP	Stock-Tech	7.14%	+3.46%	+81.28%
10	IBIT	Ishares Bitcoin Trust ETF	ETF-Crypto	6.44%	-6.34%	-43.13%
11	META	Meta Platforms Inc-class A	Stock-Comm Services	6.13%	+0.36%	+7.04%
12	Z	Zillow Group INC - C	Stock-Comm Services	1.28%	-0.89%	-15.10%
13	GENB	Generate Biomedicines INC	Stock-Other	0.76%	+0.76%	NEW
14	ZG	Zillow Group INC - A	Stock-Comm Services	0.65%	-0.34%	-5.42%
15	FLUT	Flutter Entertainment plc	Stock-Consumer Disc	0.45%	-0.74%	-30.43%
16	TXG	10x Genomics Inc-class A	Stock-Other	0.20%	+0.07%	—
17	PCTTW	Purecycle Techno-cw26	Stock-Other	0.03%	—	—

Portfolio Performance

Performance for Q3 2026

-5.1%

Performance Last 4 Quarters

+15.1%

Based on 69% of reported portfolio value with available pricing

Stdev: +23.9%
Beta: +1.51
Alpha: -1.1%
Max Drawdown: -17.7%
Annualized Perf: +27%
Batting Avg vs S&P: +52.8%
Sortino: +2.25
Stutzer: +0.33
Treynor: +0.18
Sterling: +1.21
Calmar: +1.53
Information Ratio: +0.56
Tracking Error: +15%
Stdev Down: +11.9%
Winning Months %: +66.7%
Losing Months %: +33.3%
Best 12 Months: +63%
Worst 12 Months: +1.3%
Efficiency Ratio: +0.52
Sharpe: +1.12
Stdev Sectors: +13.5%
Skewness: +0.27
Kurtosis: +0.08
Upside Potential: +3.92

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	17	$1.8B	40	1TSM 2GLD 3MSFT Top holdings2026-03-31 1.TSM 2.GLD 3.MSFT 4.GOOGL 5.UNP 6.AMZN 7.BKNG 8.AVGO 9.NVDA 10.IBIT
2025-12-31	19	$2.1B	46	1IBIT 2GOOGL 3GLD Top holdings2025-12-31 1.IBIT 2.GOOGL 3.GLD 4.MSFT 5.BKNG 6.AMZN 7.UNP 8.META 9.AVGO 10.TSM
2025-09-30	18	$2.1B	99	1IBIT 2MSFT 3AMZN Top holdings2025-09-30 1.IBIT 2.MSFT 3.AMZN 4.GLD 5.BKNG 6.GOOGL 7.META 8.NVDA 9.LNWO 10.TSM
2025-06-30	14	$1.4B	0	1MSFT 2AMZN 3BKNG Top holdings2025-06-30 1.MSFT 2.AMZN 3.BKNG 4.META 5.IBIT 6.GOOGL 7.NVDA 8.GLD 9.LNWO 10.AVGO
2025-03-31	14	$1.1B	100	1META 2BKNG 3MSFT Top holdings2025-03-31 1.META 2.BKNG 3.MSFT 4.GOOGL 5.QQQ 6.LNWO 7.UBER 8.NVDA 9.AVGO 10.PCT
2024-12-31	16	$1.7B	0	1META 2QQQ 3GOOGL Top holdings2024-12-31 1.META 2.QQQ 3.GOOGL 4.LNWO 5.NVDA 6.BKNG 7.AVGO 8.TSM 9.AMD 10.AAPL
2024-09-30	15	$1.7B	0	1META 2GOOGL 3BKNG Top holdings2024-09-30 1.META 2.GOOGL 3.BKNG 4.LNWO 5.QQQ 6.NVDA 7.AMD 8.AVGO 9.TSM 10.PCT
2024-06-30	15	$1.7B	0	1META 2QQQ 3GOOGL Top holdings2024-06-30 1.META 2.QQQ 3.GOOGL 4.LNWO 5.AMD 6.TSM 7.ASML 8.NVDA 9.DVA 10.AVGO
2024-03-31	12	$1.6B	0	1GOOGL 2META 3QQQ Top holdings2024-03-31 1.GOOGL 2.META 3.QQQ 4.LNWO 5.NVDA 6.AMD 7.TSM 8.ASML 9.PCTTW 10.TXG
2023-12-31	14	$1.2B	0	1META 2GOOGL 3LNWO Top holdings2023-12-31 1.META 2.GOOGL 3.LNWO 4.NVDA 5.AMD 6.TSM 7.ASML 8.CART 9.PCTTW 10.TXG
2023-09-30	22	$885.8M	0	1META 2GOOGL 3LNWO Top holdings2023-09-30 1.META 2.GOOGL 3.LNWO 4.GRAB 5.NVDA 6.TSM 7.AMD 8.ASML 9.CART 10.PCTTW
2023-06-30	33	$1.0B	0	1META 2GOOGL 3LNWO Top holdings2023-06-30 1.META 2.GOOGL 3.LNWO 4.GRAB 5.PCTTW 6.NVDA 7.TSM 8.ASML 9.AMD 10.TXG
2023-03-31	48	$951.8M	0	1GOOGL 2META 3LNWO Top holdings2023-03-31 1.GOOGL 2.META 3.LNWO 4.GRAB 5.ABCL 6.NVDA 7.PCT 8.ASML 9.AMD 10.AMAT
2022-12-31	46	$806.6M	0	1GOOGL 2LNWO 3META Top holdings2022-12-31 1.GOOGL 2.LNWO 3.META 4.GRAB 5.ABCL 6.PCTTW 7.RVMD 8.RXRX 9.ASML 10.PLRX
2022-09-30	47	$803.7M	0	1GOOGL 2META 3LNWO Top holdings2022-09-30 1.GOOGL 2.META 3.LNWO 4.ABCL 5.26886C 6.GRAB 7.PCT 8.RXRX 9.RVMD 10.RLAY
2022-06-30	45	$863.8M	0	1GOOGL 2META 3LNWO Top holdings2022-06-30 1.GOOGL 2.META 3.LNWO 4.ABCL 5.26886C 6.PCT 7.GRAB 8.RVMD 9.RXRX 10.NVDA
2022-03-31	44	$990.7M	0	1META 2GOOGL 3LNWO Top holdings2022-03-31 1.META 2.GOOGL 3.LNWO 4.ABCL 5.26886C 6.PCT 7.RVMD 8.RLAY 9.TXG 10.GRAB
2021-12-31	46	$1.1B	0	1LNWO 2GOOGL 3RPRX Top holdings2021-12-31 1.LNWO 2.GOOGL 3.RPRX 4.META 5.ABCL 6.26886C 7.TXG 8.RXRX 9.AFRM 10.RVMD
2021-09-30	40	$1.7B	0	1AAPL 2RPRX 3META Top holdings2021-09-30 1.AAPL 2.RPRX 3.META 4.LNWO 5.GOOGL 6.AFRM 7.ABCL 8.QQQ 9.RXRX 10.IVV
2021-06-30	38	$1.7B	100	1AAPL 2RPRX 3LNWO Top holdings2021-06-30 1.AAPL 2.RPRX 3.LNWO 4.META 5.PANW 6.ABCL 7.ICE 8.RXRX 9.DVA 10.TXG
2021-03-31	38	$1.8B	67	1RPRX 2ICE 3ADBE Top holdings2021-03-31 1.RPRX 2.ICE 3.ADBE 4.ABCL 5.META 6.PANW 7.LNWO 8.MSFT 9.CRM 10.QQQ
2020-12-31	30	$1.8B	83	1RPRX 2CRM 3MSFT Top holdings2020-12-31 1.RPRX 2.CRM 3.MSFT 4.ABCL 5.LNWO 6.META 7.PANW 8.PRAX 9.QQQ 10.RVMD
2020-09-30	24	$1.8B	100	1RPRX 2META 3GOOGL Top holdings2020-09-30 1.RPRX 2.META 3.GOOGL 4.PANW 5.ICE 6.UBER 7.LNWO 8.QQQ 9.RVMD 10.RLAY
2020-06-30	1	$713.2M	100	1RPRX Top holdings2020-06-30 1.RPRX
2020-03-31	18	$639.1M	53	1META 2PANW 3UBER Top holdings2020-03-31 1.META 2.PANW 3.UBER 4.GOOGL 5.GLD 6.IVV 7.67022C 8.RVMD 9.QQQ 10.VEA
2019-12-31	18	$945.5M	33	1META 2PANW 3BKNG Top holdings2019-12-31 1.META 2.PANW 3.BKNG 4.GOOGL 5.UBER 6.IVV 7.67022C 8.GLD 9.VEA 10.QQQ
2019-09-30	18	$1.1B	100	1META 2PANW 3BKNG Top holdings2019-09-30 1.META 2.PANW 3.BKNG 4.GOOGL 5.IVV 6.GLD 7.VEA 8.ADBE 9.QQQ 10.VWO
2019-06-30	17	$405.1M	46	1GOOGL 2AAPL 3BKNG Top holdings2019-06-30 1.GOOGL 2.AAPL 3.BKNG 4.META 5.IVV 6.VEA 7.GLD 8.PANW 9.QQQ 10.VWO
2019-03-31	15	$394.1M	35	1AAPL 2GOOGL 3META Top holdings2019-03-31 1.AAPL 2.GOOGL 3.META 4.IVV 5.VEA 6.GLD 7.QQQ 8.VWO 9.EDV 10.55910K
2018-12-31	17	$474.6M	58	1AAPL 2MSFT 3GOOGL Top holdings2018-12-31 1.AAPL 2.MSFT 3.GOOGL 4.META 5.IVV 6.VEA 7.GLD 8.VWO 9.QQQ 10.EDV
2018-09-30	19	$392.0M	47	1MSFT 2META 3GOOGL Top holdings2018-09-30 1.MSFT 2.META 3.GOOGL 4.MA 5.AAPL 6.IVV 7.NTRA 8.VEA 9.GLD 10.QQQ
2018-06-30	17	$421.8M	100	1MSFT 2AAPL 3MA Top holdings2018-06-30 1.MSFT 2.AAPL 3.MA 4.GOOGL 5.IVV 6.VEA 7.GLD 8.VWO 9.QQQ 10.64050Y
2018-03-31	14	$816.8M	100	1AAPL 2MSFT3999999 Top holdings2018-03-31 1.AAPL 2.MSFT 3.999999 4.VWO 5.V 6.IVV 7.VEA 8.ADROEUR 9.GLD 10.73935A
2017-12-31	10	$114.2M	100	1ADROEUR 2IVV 3VEA Top holdings2017-12-31 1.ADROEUR 2.IVV 3.VEA 4.VWO 5.GLD 6.IJH 7.73935A 8.EDV 9.IJR 10.VIG
2017-09-30	12	$1.0B	9	1HYG 2ADROEUR 3IVV Top holdings2017-09-30 1.HYG 2.ADROEUR 3.IVV 4.VEA 5.TQQQ 6.VWO 7.GLD 8.IJH 9.73935A 10.EDV
2017-06-30	10	$929.3M	53	1HYG 2IVV 3VEA Top holdings2017-06-30 1.HYG 2.IVV 3.VEA 4.VWO 5.GLD 6.IJH 7.EDV 8.73935A 9.IJR 10.VIG
2017-03-31	51	$1.6B	100	1HYG 2EFA 3EEM Top holdings2017-03-31 1.HYG 2.EFA 3.EEM 4.EWY 5.IVV 6.BABA 7.IDX 8.VEA 9.GLD 10.VWO
2016-12-31	79	$656.4M	33	1HYG 2EEM 3BABA Top holdings2016-12-31 1.HYG 2.EEM 3.BABA 4.EWY 5.IVV 6.VXX 7.SPY 8.BIDU 9.VIPS 1.5 03-15-19 10.HHC*
2016-09-30	85	$630.8M	36	1HYG 2BABA 3EWY Top holdings2016-09-30 1.HYG 2.BABA 3.EWY 4.VXX 5.HHC* 6.VIPS 1.5 03-15-19 7.IVV 8.BIDU 9.SPY 10.IDX
2016-06-30	72	$514.2M	100	1HYG 2EWY 3BABA Top holdings2016-06-30 1.HYG 2.EWY 3.BABA 4.HHC* 5.VIPS 1.5 03-15-19 6.IVV 7.BIDU 8.VXX 9.VEA 10.AMXN
2016-03-31	121	$1.4B	74	1SPY 2IWM 3XPO Top holdings2016-03-31 1.SPY 2.IWM 3.XPO 4.HHC* 5.EWY 6.VIPS 1.5 03-15-19 7.FTAIEUR 8.HYG 9.IVV 10.268648
2015-12-31	121	$1.0B	67	1IWM273936Q3SPY Top holdings2015-12-31 1.IWM 2.73936Q 3.SPY 4.XPO 5.HHC* 6.PBYI 7.EWY 8.VIPS 1.5 03-15-19 9.FTAIEUR 10.FXI
2015-09-30	119	$1.3B	99	1XPO 2FTAIEUR 3VIPS 1.5 03-15-19 Top holdings2015-09-30 1.XPO 2.FTAIEUR 3.VIPS 1.5 03-15-19 4.USA 5.HHC* 6.IWM 7.PBYI 8.BKR 9.EWY 10.SPY
2015-06-30	121	$1.2B	100	1XPO 2FTAIEUR325490A Top holdings2015-06-30 1.XPO 2.FTAIEUR 3.25490A 4.BKR 5.HHC* 6.EWY 7.USA 8.TRCO 9.124857 10.IVV
2015-03-31	89	$650.5M	100	1HYG 2HHC3EWY Top holdings2015-03-31 1.HYG 2.HHC 3.EWY 4.QNDX 5.WMB 6.57060U 7.FXI 8.IVV 9.AAPL 10.984305
2014-12-31	92	$993.8M	84	174367420184903G2554F Top holdings2014-12-31 1.743674 2.018490 3.G2554F 4.DRCEUR 5.HHC* 6.EWY 7.SQS 8.14170T 9.25490A 10.SCI
2014-09-30	114	$1.1B	87	1KMI27436743HPP Top holdings2014-09-30 1.KMI 2.743674 3.HPP 4.DRCEUR 5.APC3EUR 6.KMI 7.EWY 8.WMB 9.206708 10.25490A
2014-06-30	104	$972.8M	74	1HPP27436743345838 Top holdings2014-06-30 1.HPP 2.743674 3.345838 4.HYG 5.G2554F 6.EWY 7.432589 8.VIPS 1.5 03-15-19 9.02917R 10.57060U
2014-03-31	102	$975.9M	63	1BEAM 2HPP 3HYG Top holdings2014-03-31 1.BEAM 2.HPP 3.HYG 4.345838 5.14055X 6.EWY 7.VIPS 1.5 03-15-19 8.STRL 9.SCI 10.BAP
2013-12-31	105	$895.9M	100	1HPP252602E3HYG Top holdings2013-12-31 1.HPP 2.52602E 3.HYG 4.14055X 5.EWY 6.19329V 7.FXI 8.53217V 9.STRL 10.IVV
2013-09-30	109	$1.2B	0	1HPP283616T3860370 Top holdings2013-09-30 1.HPP 2.83616T 3.860370 4.NYSX 5.683399 6.52602E 7.72388B 8.HYG 9.EWY 10.560305
2013-06-30	95	$926.9M	0	1HPP28603703549764 Top holdings2013-06-30 1.HPP 2.860370 3.549764 4.30064K 5.57060U 6.EWY 7.195872 8.PEB 9.FXI 10.203233

Holding changes this quarter

Harvard Management Co INC's most significant position changes for 2026-03-31: Sold out: Ishares Ethereum Trust ETF (ETHA); New buy: Generate Biomedicines INC (GENB); Sold out: Klarna Group plc (KLAR); Sold out: Figma Inc-cl A (FIG); Add: Taiwan Semiconductor-sp Adr (TSM) — shares +123.86%.

Position changes disclosed by Harvard Management Co INC for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	TSM	Taiwan Semiconductor-sp Adr	+8.3%	+123.86%	Add
2	NVDA	Nvidia CORP	+3.5%	+81.28%	Add
3	AVGO	Broadcom INC	+2.7%	+47.29%	Add
4	UNP	Union Pacific CORP	+1.7%	+3.79%	Add
5	AMZN	Amazon.com INC	+0.7%	+5.54%	Add
6	META	Meta Platforms Inc-class A	+0.4%	+7.04%	Add
7	TXG	10x Genomics Inc-class A	+0.1%	—	Unchanged
8	PCTTW	Purecycle Techno-cw26	—	—	Unchanged
9	ZG	Zillow Group INC - A	-0.3%	-5.42%	Trim
10	BKNG	Booking Holdings INC	-0.6%	+3.77%	Add
11	FLUT	Flutter Entertainment plc	-0.7%	-30.43%	Trim
12	Z	Zillow Group INC - C	-0.9%	-15.10%	Trim
13	GLD	Spdr Gold Shares	-0.9%	-25.86%	Trim
14	MSFT	Microsoft CORP	-0.9%	+4.78%	Add
15	GOOGL	Alphabet Inc-cl A	-2.4%	-23.63%	Trim
16	IBIT	Ishares Bitcoin Trust ETF	-6.3%	-43.13%	Trim
17	ETHA	Ishares Ethereum Trust ETF	—	EXIT	Sold out
18	GENB	Generate Biomedicines INC	—	NEW	New buy
19	KLAR	Klarna Group plc	—	EXIT	Sold out
20	FIG	Figma Inc-cl A	—	EXIT	Sold out

FAQ

What is Harvard Management Co INC and what type of investor is it?

Harvard Management Co INC is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $1.8B, spread across 17 disclosed positions.

What are Harvard Management Co INC's largest equity positions?

Based on the latest 13F filing, Harvard Management Co INC's top holdings by market value are: 1. Taiwan Semiconductor-sp Adr (TSM) — $232.1M (12.8%) 2. Spdr Gold Shares (GLD) — $199.8M (11.0%) 3. Microsoft CORP (MSFT) — $189.9M (10.5%) 4. Alphabet Inc-cl A (GOOGL) — $177.4M (9.8%) 5. Union Pacific CORP (UNP) — $153.9M (8.5%)

What changes did Harvard Management Co INC make in its most recent portfolio filing?

In the latest reported quarter, Harvard Management Co INC made 18 notable position adjustments: 1 new positions were initiated, 8 existing holdings were added to, 6 positions were partially reduced, and 3 were completely exited. The largest of these moves: Sold out: Ishares Ethereum Trust ETF (ETHA); New buy: Generate Biomedicines INC (GENB); Sold out: Klarna Group plc (KLAR); Sold out: Figma Inc-cl A (FIG); Add: Taiwan Semiconductor-sp Adr (TSM) — shares +123.86%

What sectors does Harvard Management Co INC focus on?

Harvard Management Co INC is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 47.2% • Communication Services: 21.9% • Consumer Discretionary: 20.6% • Industrials: 10.4%