Harvard Management portfolio
Foundation or endowmentPortfolio as of Jun 30, 2026 (Q2 2026) · filed with the SEC on Aug 14, 2026 · data updated on Nov 5, 2026 · Q2 2026 13F (filing) ↗ · all its 13F filings ↗
A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.
Harvard Management reported a $4.3 bn portfolio of 19 positions to the SEC as of the end of Q2 2026. Its largest positions are SPCX, TSM, CBRS. During the quarter it opened iShares Gold Trust ETF and Netflix and exited Union Pacific and Zillow Group.
Sections with a free account
What changed this quarter
16 positions with a change (3 new, 4 added to, 5 trimmed, 4 sold); also, 3 entered through an IPO. 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).
- Newly listedSpace Exploration TechnologiesSPCX51.8% of the portfolio
- Newly listedCerebras SystemsCBRS5.6% of the portfolio
- Newly listedFervo EnergyFRVO0.9% of the portfolio
It started trading this quarter: it appears in a 13F for the first time. The filing does not say whether the manager already held it before the listing, so it is not counted as a purchase.
- Union Pacific−3.6 ppof portfolioSold out8.5% → —
- iShares Gold Trust ETF+3.5 ppof portfolioNew— → 3.5%
- SPDR Gold Shares ETF−87%fewer sharesReduced11.0% → 0.5%
- Booking Holdings−53%fewer sharesReduced8.1% → 1.7%
- Netflix+1.8 ppof portfolioNew— → 1.8%
- Amazon.com+37%more sharesIncreased8.2% → 5.5%
- Alphabet−25%fewer sharesReduced9.8% → 3.9%
- Broadcom−29%fewer sharesReduced8.1% → 3.0%
- Microsoft−24%fewer sharesReduced10.5% → 3.4%
- Zillow Group−0.8 ppof portfolioSold out1.9% → —
- Lumentum Holdings+0.5 ppof portfolioNew— → 0.5%
- Taiwan Semiconductor Manufacturing+6.6%more sharesIncreased12.8% → 8.2%
The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight: what it bought or sold, excluding price effects.
Top holdings
- Space Exploration TechnologiesSPCX51.8%
- Taiwan Semiconductor ManufacturingTSM8.2%
- Cerebras SystemsCBRS5.6%
- Amazon.comAMZN5.5%
- AlphabetGOOGL3.9%
- NVIDIANVDA3.7%
- iShares Gold Trust ETFIAU3.5%
- MicrosoftMSFT3.4%
- BroadcomAVGO3.0%
- Meta PlatformsMETA2.8%
- Ishares Bitcoin Trust ETFIBIT2.4%
- NetflixNFLX1.8%
- Booking HoldingsBKNG1.7%
- Fervo EnergyFRVO0.9%
- Lumentum HoldingsLITE0.5%
“Since”: first quarter of the current run, unbroken until today. In the details, prices are the quarter-end prices of the quarters in which it added shares, per the 13F. The manager may have bought at any price within each quarter; the SEC only publishes the value at quarter end.
Portfolio by sector
- ● Industrials 52%
- ● Information Technology 24%
- ● Communication Services 9%
- ● Consumer Discretionary 7%
- ● No sector 6%
- ● Utilities 1%
- ● Health Care 1%
How its portfolio changed (8 quarters)
Q2 2026: 19
Q2 2026: 91%
Q2 2026: 40.1%
Traded turnover: the weight it bought plus the weight it sold in the quarter, divided by two, excluding price moves. The plain “turnover” in the header does include that effect. With a free account: the full history and sectors over time.
Stakes above 5% (13D/13G)
Companies where this filer reported holding 5% or more of the shares. It is the figure from its latest filing on each one; history since December 2024.
How we classify it
Not counted as a concentrated manager: it is a foundation or endowment; what it reports is usually donated stock or the direct slice of a portfolio run by others. Its portfolio is shown all the same, but it is left out of manager counts, the consensus and the ranking. How this is decided
Managers of a similar size
A 13F portfolio value between a third and three times this one, whatever the type of filer. It is not a comparison of what they hold.
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