New Harbor 13F annual report
New Harbor is an investment fund managing more than $300 billion ran by Christine Drisco. There are currently 46 companies in Mrs. Drisco’s portfolio. The largest investments include VanEck ETF Trust and Ishares Tr, together worth $115 billion.
$300 billion Assets Under Management (AUM)
As of 25th July 2024, New Harbor’s top holding is 1,762,953 shares of VanEck ETF Trust currently worth over $60.4 billion and making up 20.1% of the portfolio value.
Relative to the number of outstanding shares of VanEck ETF Trust, New Harbor owns less than 0.5% of the company.
In addition, the fund holds 674,833 shares of Ishares Tr worth $54.6 billion.
The third-largest holding is Ishares Inc worth $23.2 billion and the next is Harbor ETF Trust worth $20.7 billion, with 918,676 shares owned.
Currently, New Harbor's portfolio is worth at least $300 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 New Harbor
The New Harbor office and employees reside in Worcester, Massachusetts. According to the last 13-F report filed with the SEC, Christine Drisco serves as the Chief Compliance Officer at New Harbor.
Recent trades
In the most recent 13F filing, New Harbor revealed that it had opened a new position in
Harbor ETF Trust and bought 918,676 shares worth $20.7 billion.
This means they effectively own approximately 0.1% of the company.
Harbor ETF Trust makes up
25.4%
of the fund's Miscellaneous sector allocation and has decreased its share price by 3.4% in the past year.
The investment fund also strengthened its position in VanEck ETF Trust by buying
1,668 additional shares.
This makes their stake in VanEck ETF Trust total 1,762,953 shares worth $60.4 billion.
VanEck ETF Trust soared 16.7% in the past year.
On the other hand, there are companies that New Harbor is getting rid of from its portfolio.
New Harbor closed its position in Ishares Inc on 1st August 2024.
It sold the previously owned 751,942 shares for $27.1 billion.
Christine Drisco also disclosed a decreased stake in Ishares Tr by 0.4%.
This leaves the value of the investment at $54.6 billion and 674,833 shares.
One of the smaller hedge funds
The two most similar investment funds to New Harbor are Empire Management and Siena Capital Partners Gp. They manage $300 billion and $300 billion respectively.
Christine Drisco investment strategy
New Harbor’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Miscellaneous — making up 27.1% of
the total portfolio value.
The fund focuses on investments in the United States as
26.1% 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
22% of the total holdings value.
On the other hand, small-cap stocks make up only 6.5% of the portfolio.
The average market cap of the portfolio companies is close to $358 billion.
The complete list of New Harbor trades based on 13F SEC filings
These positions were updated on August 1st 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 |
|---|---|---|---|
| VanEck ETF Trust |
0.09%
1,762,953
|
$60,374,114,000 | 20.14% |
| Ishares Tr |
41.73%
674,833
|
$54,559,842,000 | 18.20% |
| Ishares Inc |
3.21%
391,873
|
$23,198,881,000 | 7.74% |
| Harbor ETF Trust |
Opened
918,676
|
$20,665,621,000 | 6.89% |
| Select Sector Spdr Tr |
Opened
358,208
|
$29,157,947,000 | 9.72% |
| Ishares Inc |
Closed
751,942
|
$27,088,460,000 | |
| Select Sector Spdr Tr |
Closed
176,531
|
$17,896,680,000 | |
| Ishares Inc |
Opened
214,496
|
$14,637,207,000 | 4.88% |
| Ishares Tr |
Opened
446,693
|
$23,936,576,000 | 7.98% |
| Wisdomtree Tr |
Closed
661,755
|
$11,924,825,000 | |
| VanEck ETF Trust |
Closed
463,817
|
$11,071,306,000 | |
| Alps Etf Tr |
Opened
226,431
|
$10,864,159,000 | 3.62% |
| Global X Fds |
Opened
368,476
|
$10,667,380,000 | 3.56% |
| Spdr Ser Tr |
Opened
248,610
|
$21,122,933,000 | 7.04% |
| Sprott Physical Gold & Silve |
5.11%
381,159
|
$8,404,556,000 | 2.80% |
| Vanguard Scottsdale Fds |
Opened
92,250
|
$7,561,733,000 | 2.52% |
| Spdr Ser Tr |
561.20%
152,690
|
$4,156,222,000 | 1.39% |
| Sprott Physical Silver Tr |
6.74%
104,339
|
$1,036,086,000 | 0.35% |
| Spdr S&p 500 Etf Tr |
Opened
1,900
|
$1,034,018,000 | 0.34% |
| Vanguard Index Fds |
Closed
2,405
|
$944,444,000 | |
| Apple Inc |
55.01%
4,052
|
$853,432,000 | 0.28% |
| Direxion Shs Etf Tr |
Closed
51,919
|
$770,474,000 | |
| Bitwise Bitcoin Etf Tr |
Opened
20,642
|
$674,787,000 | 0.23% |
| NVIDIA Corp |
Opened
4,835
|
$597,316,000 | 0.20% |
| Microsoft Corporation |
43.43%
1,255
|
$560,922,000 | 0.19% |
| Schwab Strategic Tr |
No change
10,450
|
$476,311,000 | 0.16% |
| Global X Fds |
23.59%
12,038
|
$375,465,000 | 0.13% |
| Seabridge Gold, Inc. |
Opened
27,100
|
$370,999,000 | 0.12% |
| Tesla Inc |
51.63%
1,771
|
$350,445,000 | 0.12% |
| Vanguard Intl Equity Index F |
69.14%
7,825
|
$342,410,000 | 0.11% |
| Proshares Tr Ii |
Opened
8,666
|
$321,422,000 | 0.11% |
| Templeton Emerging Mkts Inco |
No change
60,000
|
$319,800,000 | 0.11% |
| Intuitive Surgical Inc |
Opened
713
|
$317,178,000 | 0.11% |
| Vanguard Charlotte Fds |
40.59%
6,400
|
$311,488,000 | 0.10% |
| Enterprise Prods Partners L |
Closed
10,854
|
$297,074,000 | |
| Eli Lilly & Co |
Opened
320
|
$289,722,000 | 0.10% |
| Amazon.com Inc. |
Opened
1,340
|
$258,955,000 | 0.09% |
| Ishares Tr |
Closed
9,449
|
$703,936,000 | |
| Alphabet Inc |
Opened
1,270
|
$231,331,000 | 0.08% |
| Wheaton Precious Metals Corp |
Opened
3,975
|
$208,370,000 | 0.07% |
| Franco Nev Corp |
Opened
1,755
|
$208,003,000 | 0.07% |
| EA Series Trust |
21.98%
5,821
|
$205,598,000 | 0.07% |
| Exxon Mobil Corp. |
Opened
1,763
|
$202,957,000 | 0.07% |
| Madrigal Pharmaceuticals Inc |
Opened
718
|
$201,155,000 | 0.07% |
| Uranium Energy Corp |
3.57%
29,000
|
$174,290,000 | 0.06% |
| Meta Platforms Inc |
Opened
282
|
$142,190,000 | 0.05% |
| First Majestic Silver Corporation |
1.88%
15,639
|
$92,583,000 | 0.03% |
| Sandstorm Gold Ltd |
5.70%
16,680
|
$90,739,000 | 0.03% |
| NexGen Energy Ltd |
No change
12,500
|
$87,250,000 | 0.03% |
| Hecla Mng Co |
0.39%
14,788
|
$71,722,000 | 0.02% |
| Monogram Technologies Inc |
Opened
29,348
|
$63,098,000 | 0.02% |
| Denison Mines Corp |
No change
28,000
|
$55,720,000 | 0.02% |
| Vizsla Silver Corp |
Closed
35,000
|
$36,264,000 | |
| B2gold Corp |
Closed
11,377
|
$32,880,000 | |
| Comstock Inc |
No change
40,000
|
$6,560,000 | 0.00% |
| Sangamo Therapeutics Inc |
No change
10,410
|
$3,730,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 56 holdings | |||
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