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HARVARD MANAGEMENT CO INC

· CIK 0001082621
13F Portfolio $2.1B AUM 19 positions Filed Feb 13, 2026 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025
# Ticker Company Sector Shares Value % Port Chg Shares Chg % Period Price ① Since Period ①
1 IBIT ISHARES BITCOIN TRUST ETF Financial Services 5,353,612 $265.8M 12.78% -1.5M -21.4% $49.65 -9.7%
2 GOOGL ALPHABET INC Communication Services 807,900 $252.9M 12.16% +162K +25.0% $313.00 +28.1%
3 SPDR GOLD TR 626,450 $248.3M 11.94% -35K -5.3% $396.31
4 MSFT MICROSOFT CORP Technology 489,678 $236.8M 11.39% -134K -21.4% $483.62 -15.3%
5 BKNG BOOKING HOLDINGS INC Consumer Cyclical 33,658 $180.2M 8.67% +2K +6.8% $5355.33 -97.1%
6 AMZN AMAZON COM INC Consumer Cyclical 679,845 $156.9M 7.55% -391K -36.5% $230.82 +14.4%
7 UNP UNION PAC CORP Industrials 611,233 $141.4M 6.80% NEW $231.32 +16.4%
8 META META PLATFORMS INC Communication Services 181,765 $120.0M 5.77% +19K +11.3% $660.09 -6.3%
9 AVGO BROADCOM INC Technology 321,766 $111.4M 5.36% +222K +222.1% $346.10 +22.9%
10 TSM TAIWAN SEMICONDUCTOR MFG LTD Technology 306,796 $93.2M 4.48% +95K +44.9% $303.89 +37.5%
11 ETHA ISHARES ETHEREUM TR Financial Services 3,870,900 $86.8M 4.18% NEW $22.43 -25.3%
12 NVDA NVIDIA CORPORATION Technology 410,291 $76.5M 3.68% -174K -29.7% $186.50 +26.4%
13 ZG ZILLOW GROUP INC Communication Services 662,045 $45.2M 2.17% $68.22 -44.5%
14 FLUTTER ENTMT PLC 115,481 $24.8M 1.19% $215.04
15 ZG ZILLOW GROUP INC Communication Services 301,122 $20.5M 0.99% $68.23 -44.5%
16 KLAR KLARNA GROUP PLC Technology 459,163 $13.3M 0.64% $28.91 -43.0%
17 TXG 10X GENOMICS INC Healthcare 170,000 $2.8M 0.13% $16.31 +31.9%
18 FIG FIGMA INC Technology 50,454 $1.9M 0.09% NEW $37.37 -45.8%
19 PCT PURECYCLE TECHNOLOGIES INC Industrials 714,285 $550K 0.03% NEW $0.77 +1509.1%

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 29.5%
Communication Services 24.3%
Financial Services 19.5%
Consumer Cyclical 18.7%
Industrials 7.9%
Healthcare 0.2%