Harvard Management Company’s Light & Wonder LNW Stock Holding History

Harvard Management Company’s Portfolio LNW Stock Details LNW Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-1,125,210	Closed	-$94.5M	–	20
2025 Q3	$94.5M	Buy	1,125,210 +503,804	+81%	+$46.3M	4.49%	9
2025 Q2	$59.8M	Sell	621,406 -437,486	-41%	-$37.5M	4.17%	9
2025 Q1	$91.7M	Sell	1,058,892 -382,805	-27%	-$36.9M	8.13%	6
2024 Q4	$125M	Hold	1,441,697	–	–	7.36%	4
2024 Q3	$131M	Hold	1,441,697	–	–	7.52%	4
2024 Q2	$151M	Sell	1,441,697 -382,572	-21%	-$36.6M	9.1%	4
2024 Q1	$186M	Sell	1,824,269 -854,302	-32%	-$77.2M	11.71%	4
2023 Q4	$220M	Hold	2,678,571	–	–	18.49%	3
2023 Q3	$191M	Hold	2,678,571	–	–	21.57%	3
2023 Q2	$184M	Hold	2,678,571	–	–	18.08%	3
2023 Q1	$161M	Hold	2,678,571	–	–	16.9%	3
2022 Q4	$157M	Hold	2,678,571	–	–	19.46%	2
2022 Q3	$115M	Hold	2,678,571	–	–	14.29%	3
2022 Q2	$126M	Hold	2,678,571	–	–	14.57%	3
2022 Q1	$157M	Hold	2,678,571	–	–	15.88%	3
2021 Q4	$179M	Hold	2,678,571	–	–	16.8%	1
2021 Q3	$223M	Hold	2,678,571	–	–	13.04%	4
2021 Q2	$207M	Hold	2,678,571	–	–	11.94%	3
2021 Q1	$103M	Hold	2,678,571	–	–	5.76%	7
2020 Q4	$111M	Hold	2,678,571	–	–	6.03%	5
2020 Q3	$93.5M	Buy	+2,678,571	New	+$57.4M	5.14%	7

Other funds holding LNW

Bessemer Group Woodbridge, New Jersey $72.7B AUM 39.36% 1-Year Est. Return

Barclays London, United Kingdom $416B AUM 33.63% 1-Year Est. Return

Russell Investments Group London, United Kingdom $114B AUM 41.71% 1-Year Est. Return

Verition Fund Management Greenwich, Connecticut $15.4B AUM 30.69% 1-Year Est. Return

OAM

OP Asset Management Helsinki $9.38B AUM 42.35% 1-Year Est. Return

Nisa Investment Advisors St. Louis, Missouri $32B AUM 32.86% 1-Year Est. Return

Marshall Wace London, United Kingdom $100B AUM 35.1% 1-Year Est. Return

Corient Private Wealth Miami, Florida $78.6B AUM 28.08% 1-Year Est. Return

ATPW

Ashton Thomas Private Wealth Scottsdale, Arizona $4.79B AUM 27.94% 1-Year Est. Return

MML Investors Services Springfield, Massachusetts $49B AUM 25.55% 1-Year Est. Return

Harvard Management Company's LNW Position: Q4 2025 in Review

Harvard Management Company sold out of Light & Wonder (LNW) in Q4 2025, closing a stake of 1,125,210 shares — an estimated $94.5M sold.

Harvard Management Company first reported a position in LNW in Q3 2020 and held it in 21 quarters. The position peaked at $223M in Q3 2021. 29 funds tracked by Wall St. Rank hold LNW as of Q4 2025.

Harvard Management Company reported no remaining Light & Wonder position as of Q4 2025 after selling out during the quarter.
Harvard Management Company sold 1,125,210 Light & Wonder shares in Q4 2025, an estimated $94.5M.
Harvard Management Company first reported a position in Light & Wonder in Q3 2020 and held it in 21 quarters.
Harvard Management Company's Light & Wonder position peaked at $223M in Q3 2021.
29 funds tracked by Wall St. Rank held Light & Wonder as of Q4 2025.

Based on Harvard Management Company's 13F filing for Q4 2025, filed 13 Feb 2026.