Harbert Fund Advisors, LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Harbert Fund Advisors, LLC reported 87 stock positions worth $124.4 million. Its top holding was Penn Entertainment (PENN) at 9.5% of the portfolio, followed by Amazon.com (AMZN, 6.7%) and Microsoft (MSFT, 6.4%). Compared with Q1 2024, it opened 29 new positions, sold out of 20, added to 13 and reduced 29. The biggest buy was a new position in Penn Entertainment (PENN) and the biggest sale an exit from Carriage Services (CSV).
- Most Recent 13F
- Q2 2026
- Location
- Birmingham, AL
- CIK
- 0001616659
- Portfolio Value
- $124.4M (Q2 2024)
- SEC Filing
- 0000919574-24-004516 ↗ filed Aug 14, 2024
Holdings Value
Holdings 87 stocks · $124.4M
| PENN Penn Entertainment Inc. | 9.46% | 608,272 | $11.8M | New |
| AMZN Amazon.com Inc. | 6.68% | 43,000 | $8.3M | No change |
| MSFT Microsoft Corp. | 6.38% | 17,750 | $7.9M | No change |
| TBCH Turtle Beach Corp. | 6.02% | 522,259 | $7.5M | Add +1.4% |
| ENZB Enzo Biochem Inc. | 4.53% | 5,175,913 | $5.6M | No change |
| INFU Infusystem Holdings Inc. | 3.39% | 618,085 | $4.2M | No change |
| LQDA Liquidia Corp. | 3.27% | 339,158 | $4.1M | No change |
| INVE Inve Technologies Inc. filed as IDENTIV INC | 2.71% | 785,557 | $3.4M | No change |
| ARAY Accuray Inc. | 2.70% | 1,849,184 | $3.4M | No change |
| ELV Elevance Health Inc. | 2.50% | 5,750 | $3.1M | Add +187.5% |
| FRNM Freenome Inc. filed as PERCEPTIVE CAP SOLUTIONS COR | 2.43% | 300,000 | $3.0M | New |
| FENC Fennec Pharmaceuticals Inc. | 2.29% | 466,869 | $2.9M | No change |
| GOOG Alphabet Inc. Class C | 2.21% | 15,000 | $2.8M | Add +11.1% |
| ECVT Ecovyst Inc. | 2.14% | 297,061 | $2.7M | No change |
| META Meta Platforms Inc. Class A | 2.13% | 5,250 | $2.6M | Reduce -50.0% |
| AMD Advanced Micro Devices | 1.96% | 15,000 | $2.4M | Add +76.0% |
| TACT Transact Technologies Inc. | 1.94% | 640,168 | $2.4M | No change |
| INSE Inspired Entertainment Inc. | 1.91% | 259,537 | $2.4M | No change |
| STREAMLINE HEALTH SOLUTIONS | 1.79% | 4,824,212 | $2.2M | No change |
| MA Mastercard Inc. Class A | 1.60% | 4,500 | $2.0M | Add +5.9% |
| V Visa Inc. Class A | 1.58% | 7,500 | $2.0M | Add +3.5% |
| IIIV I3 Verticals Inc. Class A | 1.45% | 81,606 | $1.8M | No change |
| IQV Iqvia Holdings Inc. | 1.23% | 7,250 | $1.5M | Add +79.0% |
| TSM Taiwan Semiconductor-SP ADR | 1.15% | 8,250 | $1.4M | Reduce -25.5% |
| SHCR Sharecare Inc. | 0.95% | 873,488 | $1.2M | No change |
| ISRG Intuitive Surgical Inc. | 0.89% | 2,500 | $1.1M | New |
| AVTR Avantor Inc. | 0.85% | 50,000 | $1.1M | Reduce -26.7% |
| MCO Moody's Corp. | 0.85% | 2,500 | $1.1M | Reduce -23.1% |
| SPGI S&P Global Inc. | 0.84% | 2,350 | $1.0M | Reduce -21.7% |
| TMO Thermo Fisher Scientific Inc. | 0.81% | 1,825 | $1.0M | Add +2.8% |
| TSLA Tesla Inc. | 0.64% | 4,000 | $792K | New |
| UNH Unitedhealth Group Inc. | 0.61% | 1,500 | $764K | Reduce -40.0% |
| WMT Walmart Inc. | 0.61% | 11,250 | $762K | Reduce -32.0% |
| VST Vistra Corp. | 0.59% | 8,500 | $731K | New |
| PCT Purecycle Technologies Inc. | 0.58% | 121,274 | $718K | No change |
| PCOR Procore Technologies Inc. | 0.53% | 10,000 | $663K | Add +55.0% |
| XYZ Block Inc. | 0.52% | 10,000 | $645K | Reduce -34.4% |
| BRZE Braze Inc. Class A | 0.47% | 15,000 | $583K | Add +11.1% |
| ROP Roper Technologies Inc. | 0.45% | 1,000 | $564K | Add +8.1% |
| WDAY Workday Inc. Class A | 0.45% | 2,500 | $559K | Reduce -52.3% |
| DDOG Datadog Inc. Class A | 0.44% | 4,250 | $551K | Reduce -5.6% |
| EMR Emerson Electric Co. | 0.44% | 5,000 | $551K | Reduce -44.4% |
| CEG Constellation Energy | 0.44% | 2,750 | $551K | New |
| VEEV Veeva Systems Inc. Class A | 0.44% | 3,000 | $549K | New |
| CVX Chevron Corp. | 0.44% | 3,500 | $547K | New |
| EW Edwards Lifesciences Corp. | 0.43% | 5,750 | $531K | Reduce -4.2% |
| JPM JPMorgan Chase & Co. | 0.43% | 2,625 | $531K | Add +1.9% |
| WCN Waste Connections Inc. | 0.42% | 3,000 | $526K | Reduce -48.7% |
| GFL GFL Environmental Inc.-Sub VT | 0.42% | 13,500 | $526K | Reduce -54.2% |
| PRM Perimeter Solutions SA | 0.42% | 67,000 | $525K | Reduce -10.7% |
| PGR Progressive Corp. | 0.42% | 2,500 | $519K | Add +2.0% |
| DELL Dell Technologies -C | 0.42% | 3,750 | $517K | New |
| DE Deere & Co. | 0.41% | 1,375 | $514K | New |
| CP Canadian Pacific Kansas City | 0.41% | 6,500 | $512K | Reduce -23.5% |
| RACE Ferrari NV | 0.41% | 1,250 | $510K | New |
| SYK Stryker Corp. | 0.41% | 1,500 | $510K | Reduce -47.8% |
| FCX Freeport-McMoran Inc. | 0.41% | 10,500 | $510K | Reduce -6.7% |
| XBI SS SPDR S&P Biotech ETF | 0.41% | 5,500 | $510K | New |
| ETN Eaton Corp. PLC | 0.41% | 1,625 | $510K | New |
| UNP Union Pacific Corp. | 0.41% | 2,250 | $509K | Reduce -45.5% |
| XYL Xylem Inc. | 0.41% | 3,750 | $509K | Reduce -52.4% |
| PANW Palo Alto Networks Inc. | 0.41% | 1,500 | $509K | Reduce -43.9% |
| VRT Vertiv Holdings Co. Class A | 0.41% | 5,850 | $506K | New |
| DHR Danaher Corp. | 0.41% | 2,020 | $505K | Reduce -50.1% |
| QGEN Qiagen NV | 0.40% | 12,250 | $503K | Reduce -47.9% |
| TECK Teck Resources Ltd.-CLS B | 0.40% | 10,500 | $503K | New |
| BSX Boston Scientific Corp. | 0.40% | 6,525 | $502K | Reduce -56.5% |
| CL Colgate-Palmolive Co. | 0.39% | 5,000 | $485K | New |
| EMBJ Embraer SA-Spon ADR | 0.38% | 18,500 | $477K | New |
| CRM Salesforce Inc. | 0.36% | 1,750 | $450K | No change |
| AMT American Tower Corp. | 0.27% | 1,750 | $340K | New |
| NFLX Netflix Inc. | 0.27% | 500 | $337K | Reduce -41.2% |
| PLD Prologis Inc. | 0.27% | 3,000 | $337K | New |
| SPOT Spotify Technology SA | 0.25% | 1,000 | $314K | Reduce -74.7% |
| NEE Nextera Energy Inc. | 0.23% | 4,000 | $283K | New |
| DKNG Draftkings Inc. Class A | 0.21% | 6,750 | $258K | New |
| IBB iShares Biotechnology ETF | 0.20% | 1,850 | $254K | New |
| MCK McKesson Corp. | 0.20% | 425 | $248K | Reduce -81.9% |
| THC Tenet Healthcare Corp. | 0.20% | 1,850 | $246K | Reduce -60.2% |
| HCA HCA Healthcare Inc. | 0.19% | 750 | $241K | Reduce -51.6% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.19% | 5,000 | $236K | New |
| DLR Digital Realty Trust Inc. | 0.18% | 1,500 | $228K | New |
| ATRC Atricure Inc. | 0.18% | 10,000 | $228K | New |
| REAL The Realreal Inc. filed as THE REALREAL INC | 0.18% | 70,000 | $223K | New |
| SBAC SBA Communications Corp. | 0.17% | 1,050 | $206K | New |
| VMEO Vimeo Inc. | 0.15% | 50,000 | $187K | New |
| AHR American Healthcare REIT Inc. | 0.15% | 12,500 | $183K | New |
Options reported separately and not counted above: QQQ puts ($7.2M), SPY puts ($6.8M), SMH puts ($521K), WDAY calls ($380K), NKE calls ($377K), XYZ calls ($322K), ROKU calls ($300K), TSLA puts ($198K), PCOR calls ($99K), BRZE calls ($78K), AVTR calls ($21K).
Other holdings (2): bonds, preferreds, convertibles and warrants · $2K (not counted above)
Total filed on the 13F, all lines: $124.4M.
Portfolio Sells Q1 2024 → Q2 2024
| CSV Carriage Services Inc. | Sold out | 0.00% | −3.88 |
| SIX Six Flags Entertainment Corp. | Sold out | 0.00% | −3.22 |
| SSYS Stratasys Ltd. | Sold out | 0.00% | −3.00 |
| DIBS 1STDIBS.COM Inc. | Sold out | 0.00% | −2.00 |
| META Meta Platforms Inc. Class A | Reduce -50.0% | 2.13% | −1.38 |
| CALY Callaway Golf Company | Sold out | 0.00% | −0.78 |
| ADBE Adobe Inc. | Sold out | 0.00% | −0.69 |
| MCK McKesson Corp. | Reduce -81.9% | 0.20% | −0.67 |
| WDAY Workday Inc. Class A | Reduce -52.3% | 0.45% | −0.54 |
| SPOT Spotify Technology SA | Reduce -74.7% | 0.25% | −0.47 |
| SWAV Shockwave Medical Inc. | Sold out | 0.00% | −0.39 |
| SNOW Snowflake Inc. | Sold out | 0.00% | −0.39 |
| GTLB Gitlab Inc. Class A | Sold out | 0.00% | −0.37 |
| XYZ Block Inc. | Reduce -34.4% | 0.52% | −0.37 |
| MLM Martin Marietta Materials | Sold out | 0.00% | −0.36 |
| DXCM Dexcom Inc. | Sold out | 0.00% | −0.36 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −0.36 |
| TEAM Atlassian Corp. Class A | Sold out | 0.00% | −0.35 |
| MDB Mongodb Inc. | Sold out | 0.00% | −0.35 |
| INTU Intuit Inc. | Sold out | 0.00% | −0.35 |
| AVTR Avantor Inc. | Reduce -26.7% | 0.85% | −0.35 |
| BABA Alibaba Group Holding-SP ADR | Sold out | 0.00% | −0.35 |
| LLY Eli Lilly & Co. | Sold out | 0.00% | −0.35 |
| RGEN Repligen Corp. | Sold out | 0.00% | −0.34 |
| ESTC Elastic NV | Sold out | 0.00% | −0.34 |
| SNPS Synopsys Inc. | Sold out | 0.00% | −0.34 |
| BSX Boston Scientific Corp. | Reduce -56.5% | 0.40% | −0.30 |
| SYK Stryker Corp. | Reduce -47.8% | 0.41% | −0.30 |
| XYL Xylem Inc. | Reduce -52.4% | 0.41% | −0.29 |
| QGEN Qiagen NV | Reduce -47.9% | 0.40% | −0.29 |
| DHR Danaher Corp. | Reduce -50.1% | 0.41% | −0.29 |
| UNP Union Pacific Corp. | Reduce -45.5% | 0.41% | −0.29 |
| GFL GFL Environmental Inc.-Sub VT | Reduce -54.2% | 0.42% | −0.28 |
| WCN Waste Connections Inc. | Reduce -48.7% | 0.42% | −0.27 |
| EMR Emerson Electric Co. | Reduce -44.4% | 0.44% | −0.26 |
| UNH Unitedhealth Group Inc. | Reduce -40.0% | 0.61% | −0.24 |
| HCA HCA Healthcare Inc. | Reduce -51.6% | 0.19% | −0.16 |
| THC Tenet Healthcare Corp. | Reduce -60.2% | 0.20% | −0.14 |
| PANW Palo Alto Networks Inc. | Reduce -43.9% | 0.41% | −0.11 |
| CP Canadian Pacific Kansas City | Reduce -23.5% | 0.41% | −0.10 |
| NFLX Netflix Inc. | Reduce -41.2% | 0.27% | −0.08 |
| WMT Walmart Inc. | Reduce -32.0% | 0.61% | −0.07 |
| SPGI S&P Global Inc. | Reduce -21.7% | 0.84% | −0.04 |
| MCO Moody's Corp. | Reduce -23.1% | 0.85% | −0.03 |
| EW Edwards Lifesciences Corp. | Reduce -4.2% | 0.43% | +0.03 |
| PRM Perimeter Solutions SA | Reduce -10.7% | 0.42% | +0.04 |
| FCX Freeport-McMoran Inc. | Reduce -6.7% | 0.41% | +0.05 |
| DDOG Datadog Inc. Class A | Reduce -5.6% | 0.44% | +0.06 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -25.5% | 1.15% | +0.12 |
Portfolio Buys Q1 2024 → Q2 2024
| PENN Penn Entertainment Inc. | New | 9.46% | +9.46 |
| FRNM Freenome Inc. | New | 2.43% | +2.43 |
| ELV Elevance Health Inc. | Add +187.5% | 2.50% | +1.79 |
| AMD Advanced Micro Devices | Add +76.0% | 1.96% | +0.90 |
| ISRG Intuitive Surgical Inc. | New | 0.89% | +0.89 |
| GOOG Alphabet Inc. Class C | Add +11.1% | 2.21% | +0.80 |
| TSLA Tesla Inc. | New | 0.64% | +0.64 |
| VST Vistra Corp. | New | 0.59% | +0.59 |
| IQV Iqvia Holdings Inc. | Add +79.0% | 1.23% | +0.53 |
| CEG Constellation Energy | New | 0.44% | +0.44 |
| VEEV Veeva Systems Inc. Class A | New | 0.44% | +0.44 |
| CVX Chevron Corp. | New | 0.44% | +0.44 |
| DELL Dell Technologies -C | New | 0.42% | +0.42 |
| DE Deere & Co. | New | 0.41% | +0.41 |
| RACE Ferrari NV | New | 0.41% | +0.41 |
| XBI SS SPDR S&P Biotech ETF | New | 0.41% | +0.41 |
| ETN Eaton Corp. PLC | New | 0.41% | +0.41 |
| VRT Vertiv Holdings Co. Class A | New | 0.41% | +0.41 |
| TECK Teck Resources Ltd.-CLS B | New | 0.40% | +0.40 |
| CL Colgate-Palmolive Co. | New | 0.39% | +0.39 |
| EMBJ Embraer SA-Spon ADR | New | 0.38% | +0.38 |
| AMT American Tower Corp. | New | 0.27% | +0.27 |
| PLD Prologis Inc. | New | 0.27% | +0.27 |
| NEE Nextera Energy Inc. | New | 0.23% | +0.23 |
| DKNG Draftkings Inc. Class A | New | 0.21% | +0.21 |
| IBB iShares Biotechnology ETF | New | 0.20% | +0.20 |
| SLB SLB Ltd. | New | 0.19% | +0.19 |
| V Visa Inc. Class A | Add +3.5% | 1.58% | +0.19 |
| MA Mastercard Inc. Class A | Add +5.9% | 1.60% | +0.19 |
| DLR Digital Realty Trust Inc. | New | 0.18% | +0.18 |
| ATRC Atricure Inc. | New | 0.18% | +0.18 |
| REAL The Realreal Inc. | New | 0.18% | +0.18 |
| PCOR Procore Technologies Inc. | Add +55.0% | 0.53% | +0.17 |
| SBAC SBA Communications Corp. | New | 0.17% | +0.17 |
| VMEO Vimeo Inc. | New | 0.15% | +0.15 |
| AHR American Healthcare REIT Inc. | New | 0.15% | +0.15 |
| TMO Thermo Fisher Scientific Inc. | Add +2.8% | 0.81% | +0.10 |
| ROP Roper Technologies Inc. | Add +8.1% | 0.45% | +0.10 |
| JPM JPMorgan Chase & Co. | Add +1.9% | 0.43% | +0.07 |
| PGR Progressive Corp. | Add +2.0% | 0.42% | +0.07 |
| BRZE Braze Inc. Class A | Add +11.1% | 0.47% | +0.06 |
| TBCH Turtle Beach Corp. | Add +1.4% | 6.02% | −0.09 |
Options Activity Q1 2024 → Q2 2024
| QQQ Invesco QQQ Trust Series 1 | put | New | 15,000 | $7.2M |
| SPY SS SPDR S&P 500 ETF Trust-US | put | New | 12,500 | $6.8M |
| SMH Vaneck Semiconductor ETF | put | New | 2,000 | $521K |
| WDAY Workday Inc. Class A | call | New | 1,700 | $380K |
| NKE Nike Inc. Class B | call | New | 5,000 | $377K |
| XYZ Block Inc. | call | New | 5,000 | $322K |
| ROKU Roku Inc. | call | New | 5,000 | $300K |
| TSLA Tesla Inc. | put | New | 1,000 | $198K |
| PCOR Procore Technologies Inc. | call | New | 1,500 | $99K |
| BRZE Braze Inc. Class A | call | New | 2,000 | $78K |
| AVTR Avantor Inc. | call | New | 1,000 | $21K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q1 2024 → Q2 2024
| RMGWF RMG Acquisition Class A -CW27 | *W EXP 99/99/999 | Sold out | 10,000 | $700before exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 0 | $0 | |
| Q1 2026 | 2 | $3.0M | INVE, TACT |
| Q4 2025 | 2 | $3.5M | INVE, TACT |
| Q3 2025 | 12 | $15.3M | LQDA, FRNM, INVE, TACT, FENC |
| Q2 2025 | 20 | $33.3M | CHYM, LQDA, FRNM, INVE, INFU |
| Q1 2025 | 53 | $86.2M | AMZN, LQDA, MSFT, ARAY, META |
| Q4 2024 | 57 | $115.0M | PENN, AMZN, MSFT, INFU, NVDA |
| Q3 2024 | 73 | $124.1M | PENN, TBCH, AMZN, ENZB, GOOG |
| Q2 2024 | 87 | $124.4M | PENN, AMZN, MSFT, TBCH, ENZB |
| Q1 2024 | 78 | $145.3M | TBCH, AMZN, MSFT, ENZB, INVE |