Harvard Management Co. Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 8, 2025), Harvard Management Co. Inc. reported 13 stock positions worth $1.4 billion. Its top holding was Microsoft (MSFT) at 21.6% of the portfolio, followed by Amazon.com (AMZN, 16.4%) and Booking (BKNG, 12.7%). Compared with Q1 2025, it opened 3 new positions, sold out of 3, added to 2 and reduced 6. The biggest buy was a new position in Amazon.com (AMZN) and the biggest sale Meta Platforms Class A (META, shares −67%).
- Most Recent 13F
- Q2 2026
- Location
- BOSTON, MA
- CIK
- 0001082621
- Portfolio Value
- $1.4B (Q2 2025)
- SEC Filing
- 0000950123-25-007364 ↗ filed Aug 8, 2025
Holdings Value
Holdings 13 stocks · $1.4B
| MSFT Microsoft Corp. | 21.63% | 623,300 | $310.0M | Add +48.4% |
| AMZN Amazon.com Inc. | 16.40% | 1,071,100 | $235.0M | New |
| BKNG Booking Holdings Inc. | 12.72% | 31,499 | $182.4M | Reduce -16.2% |
| META Meta Platforms Inc. Class A | 8.41% | 163,260 | $120.5M | Reduce -67.2% |
| IBIT iShares Bitcoin Trust ETF | 8.14% | 1,906,000 | $116.7M | New |
| GOOGL Alphabet Inc. Class A | 7.95% | 646,200 | $113.9M | Reduce -10.1% |
| NVDA Nvidia Corp. | 7.29% | 660,831 | $104.4M | Add +30.1% |
| GLD SPDR Gold Shares | 7.08% | 333,000 | $101.5M | New |
| LNWO Light & Wonder Inc. | 4.17% | 621,406 | $59.8M | Reduce -41.3% |
| AVGO Broadcom Inc. | 3.71% | 192,700 | $53.1M | Reduce -40.1% |
| PCT Purecycle Technologies Inc. | 1.82% | 1,902,811 | $26.1M | Reduce -23.8% |
| MAZE Maze Therapeutics Inc. | 0.55% | 637,528 | $7.8M | No change |
| TXG 10X Genomics Inc. Class A | 0.14% | 170,000 | $2.0M | No change |
Other holdings (1): bonds, preferreds, convertibles and warrants · $3.0M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| PCTTW Purecycle Techno-CW26 | *W EXP 03/17/202 | 714,285 | $3.0M | No change |
Total filed on the 13F, all lines: $1.4B.
Portfolio Sells Q1 2025 → Q2 2025
| META Meta Platforms Inc. Class A | Reduce -67.2% | 8.41% | −17.07 |
| QQQ Invesco QQQ Trust Series 1 | Sold out | 0.00% | −8.81 |
| UBER Uber Technologies Inc. | Sold out | 0.00% | −5.72 |
| LNWO Light & Wonder Inc. | Reduce -41.3% | 4.17% | −3.96 |
| BKNG Booking Holdings Inc. | Reduce -16.2% | 12.72% | −2.64 |
| GOOGL Alphabet Inc. Class A | Reduce -10.1% | 7.95% | −1.91 |
| AVGO Broadcom Inc. | Reduce -40.1% | 3.71% | −1.07 |
| RBRK Rubrik Inc. Class A | Sold out | 0.00% | −0.71 |
| PCT Purecycle Technologies Inc. | Reduce -23.8% | 1.82% | +0.29 |
Portfolio Buys Q1 2025 → Q2 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 18 | $4.3B | SPCX, TSM, CBRS, AMZN, GOOGL |
| Q1 2026 | 16 | $1.8B | TSM, GLD, MSFT, GOOGL, UNP |
| Q4 2025 | 18 | $2.1B | IBIT, GOOGL, GLD, MSFT, BKNG |
| Q3 2025 | 18 | $2.1B | IBIT, MSFT, AMZN, GLD, BKNG |
| Q2 2025 | 13 | $1.4B | MSFT, AMZN, BKNG, META, IBIT |
| Q1 2025 | 13 | $1.1B | META, BKNG, MSFT, GOOGL, QQQ |
| Q4 2024 | 15 | $1.7B | META, QQQ, GOOGL, LNWO, NVDA |
| Q3 2024 | 14 | $1.7B | META, GOOGL, BKNG, LNWO, QQQ |
| Q2 2024 | 14 | $1.6B | META, QQQ, GOOGL, LNWO, AMD |
| Q1 2024 | 11 | $1.6B | GOOGL, META, QQQ, LNWO, NVDA |