There has been lots of chatter about Harvard Management letting go a significant chunk of its staff, as well as winding down much of its equity portfolio, as a filing this week showed. I thought it would be interesting to take a little closer look at what Harvard has done.
From September 30th to today, Harvard has cut the public equity portion (outside of hedge fund holdings, etc.) of its $28.8-billion portfolio from $2.8-billion and 174 positions, to $571-million and 57 positions. That is a remarkable change in such a short period.
Things are equally interesting when you go down to individual holdings. Here is a table of the top ten Harvard positions back in September, and what has happened to them since.
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