1y return+14.8%S&P 500 +20.9%
3y return+51.6%S&P 500 +68.5%
5y return+42.8%S&P 500 +74.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since December 31, 2019: $199 against $232 in the S&P 500.2
Harbor Investment Advisory, LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| MARMarriott Intl Inc New Cl A | $197.2M | 13.8% | |
| AAPLApple Inc Com | $91.9M | 6.4% | −1.5% |
| GOOGLAlphabet Inc Cap Stk Cl A | $60.8M | 4.2% | |
| AMZNAmazon Com Inc Com | $54.7M | 3.8% | |
| MSFTMicrosoft Corp Com | $35.0M | 2.4% | −1.3% |
| BRK/BBerkshire Hathaway Inc Del Cl B New | $32.0M | 2.2% | |
| GOOGAlphabet Inc Cap Stk Cl C | $22.6M | 1.6% | |
| JPMJpmorgan Chase & Co Com | $18.9M | 1.3% | +3.4% |
| IVVIshares Core S&p 500 Etf | $18.6M | 1.3% | |
| VTIVanguard Total Stock Market Etf | $17.6M | 1.2% | +3.3% |
| VUGVanguard Growth Etf | $17.4M | 1.2% | |
| VTVVanguard Value Etf | $16.2M | 1.1% | +9.6% |
| NVDANvidia Corporation Com | $16.1M | 1.1% | +4.4% |
| RSPInvesco S&p 500 Equal Weight Etf | $15.5M | 1.1% | +1.6% |
| VOOVanguard S&p 500 Etf | $15.1M | 1.1% | +2.1% |
| GLDMSpdr Gold Minishares Trust Of Beneficial Interest | $14.1M | 1.0% | +4.5% |
| VVisa Inc Com Cl A | $13.8M | 1.0% | |
| MAMastercard Incorporated Cl A | $13.4M | 0.9% | −4.4% |
| IWNIshares Russell 2000 Value Etf | $13.3M | 0.9% | |
| LLYEli Lilly & Co Com | $12.2M | 0.9% | +2.8% |
| JNJJohnson & Johnson Com | $10.6M | 0.7% | +2.4% |
| GLDSpdr Gold Shares | $10.3M | 0.7% | −2.0% |
| VOEVanguard Mid-cap Value Etf | $10.1M | 0.7% | +3.4% |
| AVGOBroadcom Inc Com | $10.0M | 0.7% | |
| BILState Street Spdr Bloomberg 1-3 Month T-bill Etf | $9.7M | 0.7% | +8.5% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| NVDANvidia Corporation Com | June 30, 2020 | +2006.7% | $16.1M |
| AVGOBroadcom Inc Com | June 30, 2020 | +1096.9% | $10.0M |
| LLYEli Lilly & Co Com | June 30, 2020 | +630.6% | $12.2M |
| GOOGLAlphabet Inc Cap Stk Cl A | June 30, 2020 | +404.0% | $60.8M |
| GOOGAlphabet Inc Cap Stk Cl C | June 30, 2020 | +399.9% | $22.6M |
| MARMarriott Intl Inc New Cl A | June 30, 2020 | +332.3% | $197.2M |
| JPMJpmorgan Chase & Co Com | June 30, 2020 | +248.0% | $18.9M |
| AAPLApple Inc Com | June 30, 2020 | +217.3% | $91.9M |
| QQQInvesco Qqq Trust Series I | June 30, 2020 | +197.4% | $7.4M |
| BRK/BBerkshire Hathaway Inc Del Cl B New | June 30, 2020 | +180.3% | $32.0M |
Sold off last quarter
- Exxon Mobil Corp ComCUSIP 30231G102 was $6.7M
- Honeywell Intl Inc ComCUSIP 438516106 was $3.4M
- Dupont De Nemours Inc ComCUSIP 26614N102 was $83K
- RSGRepublic Svcs Inc Com was $66K
- Laffer Tengler Equity Income EtfCUSIP 26923N769 was $61K
- On Hldg Ag Namen Akt ACUSIP H5919C104 was $54K
- HYMCHycroft Mining Holding Corp Cl A New was $49K
- BXSLBlackstone Secd Lending Fd Common Stock was $47K
- PAASPan Amern Silver Corp Com was $44K
- WAGNPabrai Wagons Etf was $35K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +10.3% | +14.8% |
| March 31, 2026 | −4.2% | −4.6% |
| December 31, 2025 | +3.4% | +2.4% |
| September 30, 2025 | +5.1% | +7.8% |
| June 30, 2025 | +6.8% | +10.5% |
| March 31, 2025 | −4.4% | −4.6% |
| December 31, 2024 | +4.3% | +2.1% |
| September 30, 2024 | +4.9% | +5.4% |
| June 30, 2024 | +1.3% | +4.0% |
| March 31, 2024 | +8.2% | +10.0% |
| December 31, 2023 | +11.3% | +11.2% |
| September 30, 2023 | −3.2% | −3.6% |
| June 30, 2023 | +6.9% | +8.3% |
| March 31, 2023 | +6.1% | +7.0% |
| December 31, 2022 | +5.5% | +7.1% |
| September 30, 2022 | −5.1% | −5.3% |
| June 30, 2022 | −16.9% | −16.5% |
| March 31, 2022 | −5.8% | −4.9% |
| December 31, 2021 | +7.0% | +10.7% |
| September 30, 2021 | −0.9% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Harbor Investment Advisory, LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1468792&type=13F-HR&dateb=&owner=include&count=40CIK 1468792
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1468792/000146879226000006/Filed July 7, 2026 · accession 0001468792-26-000006