Harber Asset Management 13F annual report

Harber Asset Management is an investment fund managing more than $427 billion ran by Harold Iii. There are currently 36 companies in Mr. Iii’s portfolio. The largest investments include Philip Morris International Inc and Taiwan Semiconductor Mfg Ltd, together worth $54.7 billion.

Limited to 30 biggest holdings

$427 billion Assets Under Management (AUM)

As of 7th February 2024, Harber Asset Management’s top holding is 297,167 shares of Philip Morris International Inc currently worth over $28 billion and making up 6.6% of the portfolio value. Relative to the number of outstanding shares of Philip Morris International Inc, Harber Asset Management owns more than approximately 0.1% of the company. In addition, the fund holds 256,958 shares of Taiwan Semiconductor Mfg Ltd worth $26.7 billion. The third-largest holding is Schwab Charles Corp worth $24.2 billion and the next is Lamb Weston Inc worth $22.2 billion, with 205,708 shares owned.

Currently, Harber Asset Management's portfolio is worth at least $427 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Harber Asset Management

The Harber Asset Management office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Harold Iii serves as the Managing Member at Harber Asset Management.

Recent trades

In the most recent 13F filing, Harber Asset Management revealed that it had opened a new position in Charter Communications Inc N and bought 35,274 shares worth $13.7 billion.

The investment fund also strengthened its position in Philip Morris International Inc by buying 96,295 additional shares. This makes their stake in Philip Morris International Inc total 297,167 shares worth $28 billion. Philip Morris International Inc dropped 12.3% in the past year.

On the other hand, there are companies that Harber Asset Management is getting rid of from its portfolio. Harber Asset Management closed its position in Comcast Corp New on 14th February 2024. It sold the previously owned 365,083 shares for $13.8 billion. Harold Iii also disclosed a decreased stake in Microchip Technology by 0.2%. This leaves the value of the investment at $17.3 billion and 192,048 shares.

One of the average hedge funds

The two most similar investment funds to Harber Asset Management are Bourgeon Capital Management and Advisorshares Investments. They manage $426 billion and $427 billion respectively.

Harold Iii investment strategy

Harber Asset Management’s portfolio is diversified across 9 sectors. Currently, their heaviest sector is Technology — making up 37.0% of the total portfolio value. The fund focuses on investments in the United States as 63.9% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 28% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $87.9 billion.

The complete list of Harber Asset Management trades based on 13F SEC filings

These positions were updated on February 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
Philip Morris International Inc	47.94% 297,167	$27,957,471,000	6.55%
Taiwan Semiconductor Mfg Ltd	65.75% 256,958	$26,723,632,000	6.26%
Schwab Charles Corp	88.93% 351,033	$24,151,070,000	5.66%
Lamb Weston Holdings Inc	99.29% 205,708	$22,234,978,000	5.21%
Alteryx Inc	65.96% 453,168	$21,371,403,000	5.01%
Geo Group, Inc.	29.45% 1,901,728	$20,595,714,000	4.83%
Pegasystems Inc.	1.95% 415,807	$20,316,330,000	4.76%
Fiserv, Inc.	105.95% 148,130	$19,677,589,000	4.61%
SolarWinds Corp	17.85% 1,573,806	$19,656,837,000	4.61%
Okta Inc	23.84% 213,124	$19,294,116,000	4.52%
Microchip Technology, Inc.	21.00% 192,048	$17,318,889,000	4.06%
Sony Group Corp	11.33% 170,795	$16,172,579,000	3.79%
Comcast Corp New	Closed 365,083	$13,840,297,000
Charter Communications Inc N	Opened 35,274	$13,710,298,000	3.21%
Everbridge Inc	208.99% 554,932	$13,490,397,000	3.16%
American Tower Corp.	Opened 61,321	$13,237,977,000	3.10%
Activision Blizzard Inc	Closed 154,423	$13,217,065,000
Signet Jewelers Limited	Opened 101,126	$10,846,775,000	2.54%
Cloudflare Inc	Closed 171,817	$10,594,236,000
Dole plc	49.75% 831,860	$10,223,559,000	2.40%
Netflix Inc.	Closed 28,790	$9,946,369,000
Marvell Technology Inc	Closed 226,471	$9,806,194,000
Atkore Ince	23.71% 58,604	$9,376,640,000	2.20%
Macom Tech Solutions Hldgs I	Opened 97,411	$9,054,352,000	2.12%
Alphabet Inc	34.14% 62,931	$8,790,831,000	2.06%
Arrow Electrs Inc	Closed 67,763	$8,461,566,000
Dollar Tree Inc	45.04% 55,308	$7,856,501,000	1.84%
Dollar Gen Corp New	Opened 57,300	$7,789,935,000	1.83%
PayPal Holdings Inc	Opened 111,290	$6,834,319,000	1.60%
Orion S.A	Closed 261,179	$6,814,160,000
Berry Global Group Inc	65.97% 93,391	$6,293,619,000	1.48%
MiX Telematics Ltd	27.67% 703,202	$6,054,569,000	1.42%
Datadog Inc	Closed 78,851	$5,729,314,000
Eventbrite Inc	7.56% 681,617	$5,698,318,000	1.34%
NVIDIA Corp	Opened 11,260	$5,576,177,000	1.31%
Hashicorp Inc	Opened 222,000	$5,248,080,000	1.23%
Axcelis Technologies Inc	Opened 39,824	$5,164,775,000	1.21%
Appian Corp	Opened 128,351	$4,833,699,000	1.13%
Americas Car Mart, Inc.	Closed 57,547	$4,558,298,000
Graphic Packaging Hldg Co	Opened 179,000	$4,412,350,000	1.03%
Clearfield Inc	Opened 148,203	$4,309,743,000	1.01%
Uber Technologies Inc	Closed 131,732	$4,175,904,000
Absolute Software Corporation	Closed 521,309	$4,072,155,000
Vimeo Inc	36.42% 906,007	$3,551,547,000	0.83%
Cirrus Logic, Inc.	28.59% 38,693	$3,218,871,000	0.75%
Chegg Inc	Opened 257,663	$2,927,052,000	0.69%
Lam Research Corp.	81.96% 3,313	$2,594,940,000	0.61%
DXP Enterprises, Inc.	Closed 75,284	$2,026,645,000
Silvergate Cap Corp	Closed 15,300	$24,786,000
No transactions found
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