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Portfolio (Quarterly) Guide ↗

HARBOR INVESTMENT ADVISORY, LLC

· CIK 0001468792
13F Portfolio $1.3B AUM 1,230 positions Filed Jan 7, 2026 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 110 New 405 Added 189 Reduced 58 Exited
Page 2 of 21  ·  405 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 JNJ JOHNSON & JOHNSON COM Healthcare 42,212.0 $8.7M 0.66% +608.0 +1.5% $206.95 +11.2%
22 IEFA ISHARES CORE MSCI EAFE ETF 95,697.0 $8.6M 0.64% +29K +43.8% $89.46 +9.9%
23 BLK BLACKROCK INC COM Financial Services 7,401.0 $7.9M 0.59% +169.0 +2.3% $1070.31 +0.7%
24 VOE VANGUARD MID-CAP VALUE ETF 42,699.0 $7.6M 0.57% +7K +18.5% $177.37 +10.0%
25 EFA ISHARES MSCI EAFE ETF 78,032.0 $7.5M 0.56% +4K +5.0% $96.03 +9.5%
26 JAAA JANUS HENDERSON AAA CLO ETF 139,755.0 $7.1M 0.53% +13K +10.3% $50.58 +0.2%
27 VOT VANGUARD MID-CAP GROWTH ETF 24,955.0 $7.0M 0.52% +2K +10.5% $279.13 +5.4%
28 IWF ISHARES RUSSELL 1000 GROWTH ETF 14,352.0 $6.8M 0.51% +1K +8.3% $473.29 -73.4%
29 UNH UNITEDHEALTH GROUP INC COM Healthcare 20,544.0 $6.8M 0.51% +186.0 +0.9% $330.11 +14.2%
30 WMT WALMART INC COM Consumer Defensive 58,130.0 $6.5M 0.49% +7K +13.0% $111.41 +6.4%
31 BAC BANK AMERICA CORP COM Financial Services 110,312.0 $6.1M 0.46% +8K +8.1% $55.00 -5.1%
32 COST COSTCO WHSL CORP NEW COM Consumer Defensive 6,963.0 $6.0M 0.45% +81.0 +1.2% $862.28 +16.3%
33 GDXJ VANECK JUNIOR GOLD MINERS ETF 51,862.0 $5.9M 0.44% +21K +69.4% $113.78 +2.5%
34 DGRO ISHARES CORE DIVIDEND GROWTH ETF 79,094.0 $5.5M 0.41% +10K +13.8% $69.42 +7.5%
35 DFIS DIMENSIONAL INTERNATIONAL SMALL CAP ETF 157,972.0 $5.2M 0.39% +17K +12.2% $32.94 +11.7%
36 IVW ISHARES S&P 500 GROWTH ETF 41,369.0 $5.1M 0.38% +4K +12.1% $123.26 +12.2%
37 ABBV ABBVIE INC COM Healthcare 22,092.0 $5.0M 0.38% +224.0 +1.0% $228.49 -6.7%
38 IJH ISHARES CORE S&P MID-CAP ETF 75,814.0 $5.0M 0.38% +11K +17.0% $66.00 +13.1%
39 QQQ INVESCO QQQ TRUST SERIES I Financial Services 7,968.0 $4.9M 0.37% +1K +18.9% $614.31 +18.9%
40 HD HOME DEPOT INC COM Consumer Cyclical 14,044.0 $4.8M 0.36% +278.0 +2.0% $344.10 -9.8%
Page 2 of 21  ·  405 positions

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
Consumer Cyclical 29.3%
Technology 24.0%
Financial Services 16.8%
Communication Services 10.5%
Healthcare 7.0%
Industrials 4.3%
Consumer Defensive 2.5%
Energy 1.9%
Utilities 1.4%
Real Estate 1.2%