Harvard Management Co. Inc.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Harvard Management Co. Inc. reported 16 stock positions worth $1.8 billion. Its top holding was Taiwan Semiconductor-SP ADR (TSM) at 12.8% of the portfolio, followed by SPDR Gold Shares (GLD, 11.0%) and Microsoft (MSFT, 10.5%). Compared with Q4 2025, it opened 1 new position, sold out of 3, added to 8 and reduced 6. The biggest buy was Taiwan Semiconductor-SP ADR (TSM, shares +124%) and the biggest sale iShares Bitcoin Trust ETF (IBIT, shares −43%).
- Most Recent 13F
- Q2 2026
- Location
- BOSTON, MA
- CIK
- 0001082621
- Portfolio Value
- $1.8B (Q1 2026)
- SEC Filing
- 0001193125-26-226658 ↗ filed May 15, 2026
Holdings Value
Holdings 16 stocks · $1.8B
| TSM Taiwan Semiconductor-SP ADR | 12.79% | 686,796 | $232.1M | Add +123.9% |
| GLD SPDR Gold Shares | 11.01% | 464,450 | $199.8M | Reduce -25.9% |
| MSFT Microsoft Corp. | 10.46% | 513,065 | $189.9M | Add +4.8% |
| GOOGL Alphabet Inc. Class A | 9.77% | 616,960 | $177.4M | Reduce -23.6% |
| UNP Union Pacific Corp. | 8.48% | 634,376 | $153.9M | Add +3.8% |
| AMZN Amazon.com Inc. | 8.23% | 717,539 | $149.4M | Add +5.5% |
| BKNG Booking Holdings Inc. | 8.10% | 34,928 | $147.1M | Add +3.8% |
| AVGO Broadcom Inc. | 8.08% | 473,916 | $146.7M | Add +47.3% |
| NVDA Nvidia Corp. | 7.15% | 743,791 | $129.7M | Add +81.3% |
| IBIT iShares Bitcoin Trust ETF | 6.44% | 3,044,612 | $117.0M | Reduce -43.1% |
| META Meta Platforms Inc. Class A | 6.13% | 194,554 | $111.3M | Add +7.0% |
| Z Zillow Group Inc. Class C | 1.28% | 562,045 | $23.3M | Reduce -15.1% |
| GENB Generate Biomedicines Inc. | 0.77% | 1,111,100 | $13.9M | New |
| ZG Zillow Group Inc. Class A | 0.65% | 284,800 | $11.8M | Reduce -5.4% |
| FLUT Flutter Entertainment PLC-Di | 0.45% | 80,341 | $8.2M | Reduce -30.4% |
| TXG 10X Genomics Inc. Class A | 0.20% | 170,000 | $3.6M | No change |
Other holdings (1): bonds, preferreds, convertibles and warrants · $550K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| PCTTW Purecycle Techno-CW26 | *W EXP 03/17/202 | 714,285 | $550K | No change |
Total filed on the 13F, all lines: $1.8B.
Portfolio Sells Q4 2025 → Q1 2026
| IBIT iShares Bitcoin Trust ETF | Reduce -43.1% | 6.44% | −6.34 |
| ETHA iShares Ethereum Trust ETF | Sold out | 0.00% | −4.18 |
| GOOGL Alphabet Inc. Class A | Reduce -23.6% | 9.77% | −2.39 |
| GLD SPDR Gold Shares | Reduce -25.9% | 11.01% | −0.93 |
| Z Zillow Group Inc. Class C | Reduce -15.1% | 1.28% | −0.89 |
| FLUT Flutter Entertainment PLC-Di | Reduce -30.4% | 0.45% | −0.74 |
| KLAR Klarna Group PLC | Sold out | 0.00% | −0.64 |
| ZG Zillow Group Inc. Class A | Reduce -5.4% | 0.65% | −0.34 |
| FIG Figma Inc. Class A | Sold out | 0.00% | −0.09 |
Portfolio Buys Q4 2025 → Q1 2026
| TSM Taiwan Semiconductor-SP ADR | Add +123.9% | 12.79% | +8.30 |
| NVDA Nvidia Corp. | Add +81.3% | 7.15% | +3.47 |
| AVGO Broadcom Inc. | Add +47.3% | 8.08% | +2.72 |
| UNP Union Pacific Corp. | Add +3.8% | 8.48% | +1.68 |
| GENB Generate Biomedicines Inc. | New | 0.77% | +0.77 |
| AMZN Amazon.com Inc. | Add +5.5% | 8.23% | +0.68 |
| META Meta Platforms Inc. Class A | Add +7.0% | 6.13% | +0.36 |
| BKNG Booking Holdings Inc. | Add +3.8% | 8.10% | −0.57 |
| MSFT Microsoft Corp. | Add +4.8% | 10.46% | −0.93 |
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 |