Harvard Management Company Portfolio holdings

Harvard Management Company's Q2 2016 Portfolio in Review

As of Q2 2016, Harvard Management Company held 125 positions worth $514M, down 62% from $1.36B the previous quarter. Its ten largest holdings account for 70% of the portfolio.

Harvard Management Company withdrew a net $861M in Q2 2016, closing 53 positions and reducing 16 holdings. Its most notable exit was XPO, an estimated $53.2M position sold in full.

By sector, the portfolio is most concentrated in Consumer Discretionary at 11% of assets, up from 4.6% a quarter earlier, followed by Communication Services and Real Estate.

Against the trend, Harvard Management Company opened a new position in State Street Energy Select Sector SPDR ETF worth $2.63M.

• Harvard Management Company's largest Q2 2016 buy was State Street Energy Select Sector SPDR ETF: 77,008 shares worth $2.63M.
• Harvard Management Company added most to iShares iBoxx $ High Yield Corporate Bond ETF in Q2 2016, an estimated $93.5M increase.
• Harvard Management Company's biggest Q2 2016 reduction was Howard Hughes, cutting an estimated $14.3M.
• Harvard Management Company fully exited XPO in Q2 2016, selling an estimated $53.2M.
• Harvard Management Company's ten largest holdings make up 70% of its $514M portfolio in Q2 2016.
• Harvard Management Company opened 6 new positions and closed 53 in Q2 2016.
• Harvard Management Company's portfolio value fell 62% quarter-over-quarter to $514M.

Based on Harvard Management Company's 13F filing for Q2 2016, filed 12 Aug 2016.