HARBOR INVESTMENT ADVISORY, LLC

CIK

1468792

Location

LUTHERVILLE, MD

Portfolio Value

Small $852,998,060

Diversification

Diversified

Filing Date

Global Rank

#1,679 / 8,232 ▼ 155

Top Industry

Lodging 21.7%

3Y Alpha vs SPY

-4.3%

Period ended 2 months ago

Filed Apr 23, 2026 · 52d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+58.3%

SPY

+76.3%

Annualised alpha

-4.3%

Max drawdown

−19.2%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

824 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

20.5%

+4.8 pts

Top 5

45.6%

−2.5 pts

Top 10

56.2%

−5.0 pts

HHI

639

Diversified+57

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Consumer Cyclical	29.6%	$252,837,695	89
Technology	21.1%	$179,877,691	123
Financial Services	14.2%	$120,793,436	153
Communication Services	7.6%	$64,575,675	29
Healthcare	6.8%	$58,177,296	87
Unclassified	5.4%	$46,156,518	19
Industrials	5.3%	$44,898,149	121
Energy	2.9%	$24,703,307	42
Consumer Defensive	2.8%	$24,188,347	42
Basic Materials	1.8%	$15,652,150	49
Real Estate	1.3%	$11,024,062	40
Utilities	1.2%	$10,113,734	30

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
IBIT	iShares Bitcoin Trust ETF	+33,773	50,315	$1,933,102
SLB	Slb Limited/Nv	+25,108	26,670	$1,370,571
PPTA	Perpetua Resources Corp.	+18,372	22,794	$640,967
BAC	Bank Of America Corp /De/	+10,674	120,986	$5,898,067
AMRZ	Amrize Ltd	+8,870	15,870	$889,037
VIAV	Viavi Solutions Inc.	+5,578	5,606	$186,567
STE	STERIS plc	+5,176	5,288	$1,169,335
SOUN	Soundhound Ai, Inc.	+5,000	21,550	$148,048
B	Barrick Mining Corp	+3,920	3,987	$162,629
NEM	NEWMONT Corp /DE/	+3,863	5,525	$598,081
SRE	Sempra	+3,719	6,052	$588,072
ANET	Arista Networks, Inc.	+2,889	4,441	$545,265
PHYS	Sprott Physical Gold Trust	+2,850	8,940	$316,833
JOBY	Joby Aviation, Inc.	+2,700	12,293	$101,540
ZBH	Zimmer Biomet Holdings, Inc.	+2,461	3,425	$309,688
NEE	Nextera Energy Inc	+2,096	17,550	$1,630,044
FCX	Freeport-Mcmoran Inc	+2,093	3,500	$205,730
RIG	Transocean Ltd.	+2,000	2,006	$13,299
DUK	Duke Energy CORP	+1,973	9,593	$1,256,107
VST	Vistra Corp.	+1,945	5,120	$769,689
ACN	Accenture plc	+1,938	8,384	$1,662,463
LNG	Cheniere Energy, Inc.	+1,739	3,013	$854,968
NTRA	Natera, Inc.	+1,563	3,576	$715,164
AEP	American Electric Power Co Inc	+1,514	2,345	$307,382
SNDK	Sandisk Corp	+1,457	1,491	$947,291
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
BRK-B	Berkshire Hathaway Inc	−172,792	64,207	$30,767,994
AMZN	Amazon Com Inc	−78,791	230,906	$48,090,792
BABA	Alibaba Group Holding Ltd	−66,049	1,248	$156,574
MSFT	Microsoft Corp	−57,096	94,967	$35,153,934
AAPL	Apple Inc.	−37,481	323,256	$82,039,140
MAR	Marriott International Inc /Md/	−32,458	533,911	$174,626,270
VICR	Vicor Corp	−29,800	6,461	$1,040,221
NFLX	Netflix Inc	−24,845	23,664	$2,275,293
DKNG	DraftKings Inc.	−19,121	60	$1,297
CRM	Salesforce, Inc.	−18,499	4,203	$784,574
UBER	Uber Technologies, Inc	−16,071	22,280	$1,602,600
ENVX	Enovix Corp	−15,938	14,140	$73,245
BX	Blackstone Inc.	−15,922	17,591	$2,022,789
JPM	Jpmorgan Chase & Co	−13,416	55,828	$16,422,364
GLDM	World Gold Trust	−12,879	170,467	$15,800,586
GOOGL	Alphabet Inc.	−9,023	171,347	$49,272,543
NVDA	Nvidia Corp	−8,544	77,302	$13,481,468
HOOD	Robinhood Markets, Inc.	−8,086	13,945	$966,388
BSX	Boston Scientific Corp	−7,591	2,619	$164,342
SCHW	Schwab Charles Corp	−6,665	1,178	$110,708
ITW	Illinois Tool Works Inc	−5,827	836	$217,602
INFY	Infosys Ltd	−5,630	12,107	$163,565
NUV	Nuveen Municipal Value Fund Inc	−5,000	19,600	$176,204
PYPL	PayPal Holdings, Inc.	−4,794	9,546	$431,765
UNH	Unitedhealth Group Inc	−4,781	15,763	$4,265,310
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
NEU	Newmarket Corp	1,389	$890,279
SOLS	Solstice Advanced Materials Inc.	7,141	$543,858
AZN	Astrazeneca PLC	1,504	$296,618
PLMR	Palomar Holdings, Inc.	1,817	$217,131
LOPE	Grand Canyon Education, Inc.	1,250	$212,537
AU	AngloGold Ashanti PLC	1,900	$184,984
VMI	Valmont Industries Inc	428	$171,015
HL	Hecla Mining Co/De/	9,100	$169,533
HURN	Huron Consulting Group Inc.	1,250	$159,362
Q	Qnity Electronics, Inc.	1,038	$119,764
CDE	Coeur Mining, Inc.	5,500	$103,235
FNV	FRANCO NEVADA Corp	300	$74,115
KNX	Knight-Swift Transportation Holdings Inc.	1,250	$71,975
PBR	Petrobras - Petroleo Brasileiro SA	2,620	$54,365
OMC	Omnicom Group Inc.	690	$51,963
HYMC	Hycroft Mining Holding Corp	1,400	$49,280
HUT	Hut 8 Corp.	1,000	$46,910
SPXX	Nuveen S&P 500 Dynamic Overwrite Fund	2,852	$45,831
ASM	Avino Silver & Gold Mines Ltd	7,000	$44,240
PAAS	Pan American Silver Corp	800	$43,704
ROAD	Construction Partners, Inc.	350	$38,892
AG	First Majestic Silver Corp	1,500	$32,220
DKS	Dick's Sporting Goods, Inc.	150	$29,743
FCFS	FirstCash Holdings, Inc.	136	$25,568
WAT	Waters Corp /De/	77	$22,930
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
HUBS	Hubspot Inc	89,546	$35,934,809
HLI	Houlihan Lokey, Inc.	5,178	$901,955
PTC	Ptc Inc.	2,575	$448,590
SHAK	Shake Shack Inc.	3,875	$314,533
PRM	Perimeter Solutions, Inc.	8,666	$238,574
RDDT	Reddit, Inc.	750	$172,402
RBC	RBC Bearings INC	327	$146,636
HLNE	Hamilton Lane INC	967	$129,877
HAYW	Hayward Holdings, Inc.	7,842	$121,158
NOVT	Novanta Inc	987	$117,443
CWST	Casella Waste Systems Inc	1,199	$117,430
DSGX	Descartes Systems Group Inc	1,273	$111,591
APPF	Appfolio Inc	467	$108,647
MANH	Manhattan Associates Inc	600	$103,986
MEDP	Medpace Holdings, Inc.	183	$102,781
PCOR	Procore Technologies, Inc.	1,343	$97,689
CSW	Csw Industrials, Inc.	314	$92,168
RDW	Redwire Corp	12,000	$91,200
CNM	Core & Main, Inc.	1,703	$88,504
GSHD	Goosehead Insurance, Inc.	1,196	$88,085
AGYS	Agilysys Inc	695	$82,593
AIT	Applied Industrial Technologies Inc	321	$82,423
FND	Floor & Decor Holdings, Inc.	1,291	$78,608
ESE	Esco Technologies Inc	394	$76,983
FSS	Federal Signal Corp /De/	691	$75,035
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

824 positions · $852,998,060 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 824 positions by value · page 1 of 17

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
MAR	Marriott International Inc /Md/ Consumer Cyclical	Reduced	533,911	-32,458	$174,626,270	−0.6%	20.47%
AAPL	Apple Inc. Technology	Reduced	323,256	-37,481	$82,039,140	−16.3%	9.62%
GOOGL	Alphabet Inc. Communication Services	Reduced	171,347	-9,023	$49,272,543	−12.7%	5.78%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	230,906	-78,791	$48,090,792	−32.7%	5.64%
MSFT	Microsoft Corp Technology	Reduced	94,967	-57,096	$35,153,934	−52.2%	4.12%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	64,207	-172,792	$30,767,994	−74.2%	3.61%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	55,828	-13,416	$16,422,364	−26.4%	1.93%
GLDM	World Gold Trust	Reduced	170,467	-12,879	$15,800,586	+0.9%	1.85%
MA	Mastercard Inc Financial Services	Reduced	27,288	-442	$13,634,722	−13.9%	1.60%
NVDA	Nvidia Corp Technology	Reduced	77,302	-8,544	$13,481,468	−15.8%	1.58%
GLD	Spdr Gold Trust	Added	28,477	+154	$12,253,368	+9.2%	1.44%
V	Visa Inc. Financial Services	Reduced	40,057	-1,121	$12,106,827	−16.2%	1.42%
JNJ	Johnson & Johnson Healthcare	Reduced	40,803	-1,409	$9,973,885	+14.2%	1.17%
LLY	ELI LILLY & Co Healthcare	Reduced	9,879	-169	$9,086,407	−15.9%	1.07%
SPY	Spdr S&P 500 ETF Trust	Reduced	13,339	-2,600	$8,674,885	−20.2%	1.02%
AVGO	Broadcom Inc. Technology	Reduced	26,395	-2,380	$8,169,516	−18.0%	0.96%
AMGN	Amgen Inc Healthcare	Reduced	22,930	-583	$8,067,920	+4.8%	0.95%
META	Meta Platforms, Inc. Communication Services	Reduced	13,820	-965	$7,906,836	−19.0%	0.93%
BLK	BlackRock, Inc. Financial Services	Reduced	7,277	-124	$6,998,363	−11.7%	0.82%
WMT	Walmart Inc. Consumer Defensive	Reduced	55,530	-2,600	$6,901,268	+6.6%	0.81%
XOM	Exxon Mobil Corp Energy	Reduced	39,345	-302	$6,675,272	+39.9%	0.78%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	6,689	-274	$6,665,120	+11.0%	0.78%
BAC	Bank Of America Corp /De/ Financial Services	Added	120,986	+10,674	$5,898,067	−2.8%	0.69%
GEV	GE Vernova Inc. Industrials	Reduced	6,003	-27	$5,240,018	+33.0%	0.61%
TSLA	Tesla, Inc. Consumer Cyclical	Reduced	13,400	-45	$4,981,450	−17.6%	0.58%
GS	Goldman Sachs Group Inc Financial Services	Added	5,887	+1,323	$4,980,343	+24.1%	0.58%
QQQ	Invesco Qqq Trust, Series 1	Reduced	7,975	-193	$4,603,010	−8.3%	0.54%
ABBV	AbbVie Inc. Healthcare	Reduced	20,050	-2,042	$4,360,674	−13.6%	0.51%
UNH	Unitedhealth Group Inc Healthcare	Reduced	15,763	-4,781	$4,265,310	−37.1%	0.50%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	12,094	-1,950	$3,977,595	−17.7%	0.47%
CRWD	CrowdStrike Holdings, Inc. Technology	Reduced	10,182	-539	$3,975,154	−20.9%	0.47%
SBUX	Starbucks Corp Consumer Cyclical	Reduced	44,080	-981	$3,949,127	+4.1%	0.46%
AEM	Agnico Eagle Mines Ltd Basic Materials	Added	19,223	+1,299	$3,901,884	+28.4%	0.46%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	26,764	+722	$3,865,792	+3.6%	0.45%
CVX	Chevron Corp Energy	Reduced	17,648	-548	$3,651,371	+31.7%	0.43%
MKL	Markel Group Inc. Financial Services	Added	1,859	+43	$3,558,255	−8.9%	0.42%
HON	Honeywell International Inc Industrials	Reduced	15,018	-235	$3,394,518	+14.1%	0.40%
CCJ	Cameco Corp Energy	Reduced	28,980	-1,448	$3,147,517	+13.1%	0.37%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Reduced	18,626	-173	$2,974,572	+3.0%	0.35%
AGI	Alamos Gold Inc Basic Materials	Reduced	65,270	-333	$2,899,946	+14.6%	0.34%
GE	General Electric Co Industrials	Reduced	10,141	-109	$2,877,711	−8.9%	0.34%
RTX	RTX Corp Industrials	Reduced	14,827	-1,533	$2,860,128	−4.7%	0.34%
ABT	Abbott Laboratories Healthcare	Reduced	25,755	-646	$2,644,265	−20.1%	0.31%
CEG	Constellation Energy Corp Utilities	Added	9,363	+123	$2,614,617	−19.9%	0.31%
CSCO	Cisco Systems, Inc. Technology	Added	33,291	+1,010	$2,583,048	+3.9%	0.30%
SU	Suncor Energy Inc Energy	Added	38,809	+772	$2,565,662	+52.1%	0.30%
AMT	American Tower Corp /Ma/ Real Estate	Reduced	14,206	-448	$2,451,671	−4.7%	0.29%
TXRH	Texas Roadhouse, Inc. Consumer Cyclical	Reduced	14,214	-1,446	$2,347,299	−9.7%	0.28%
NFLX	Netflix Inc Communication Services	Reduced	23,664	-24,845	$2,275,293	−50.0%	0.27%
VRT	Vertiv Holdings Co Industrials	Added	8,903	+76	$2,230,913	+56.0%	0.26%