Harbor Advisors LLC

Fundamental diversified ★Signal CIK 1687156
League rank
#404
in Fundamental diversified · #2282 overall
Long book
$692.2M
Q1 2026
Positions
197
Top-10 weight
66%
concentration
Last quarter
+13.6%
SPY +14.8%
Turnover
7%
of book per quarter

Strategy in plain words

auto-generated from filings

Harbor Advisors LLC is a diversified fundamental manager, running a $692.2M US long book across 197 positions.

The portfolio is concentrated: the top 10 names carry 66% of the portfolio. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: EQUINIX INC, ALPHABET INC-CL A, APPLE INC, AMAZON.COM INC, NVIDIA CORP.

Over the last 9 quarters its long book ran on average 0.3pp per quarter ahead of the S&P 500, beating the index in 4 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+0.7%
Q2 2024
+9.6%
Q3 2024
+5.5%
Q4 2024
-9.2%
Q1 2025
+6.9%
Q2 2025
+6.4%
Q3 2025
+2.8%
Q4 2025
+6.5%
Q1 2026
+13.6%

Sector allocation

Technology
38%
Financials
20%
Services media
12%
Consumer discretionary
11%
Energy
8%
Industrials
4%
Communications
3%
Materials
1%

Long book by quarter

$544.4M
Q1 2024
$545.4M
Q2 2024
$597.5M
Q3 2024
$636.5M
Q4 2024
$576.0M
Q1 2025
$611.0M
Q2 2025
$648.4M
Q3 2025
$665.8M
Q4 2025
$692.2M
Q1 2026

What does Harbor Advisors own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
GOOGL ALPHABET INC-CL ATechnology145.6K$41.9M6.0%-6.4%
AAPL APPLE INCTechnology148.4K$37.7M5.4%Held
AMZN AMAZON.COM INCConsumer discretionary153.2K$31.9M4.6%Held
NVDA NVIDIA CORPTechnology180.0K$31.4M4.5%Held
CNQ CANADIAN NATURAL RESOURCESEnergy499.8K$24.4M3.5%Held
MU MICRON TECHNOLOGY INCTechnology51.0K$17.2M2.5%+5.2%
FTAI FTAI AVIATION LTDServices media57.0K$14.0M2.0%Held
MA MASTERCARD INC - AServices media26.0K$13.0M1.9%Held
IBKR INTERACTIVE BROKERS GRO-CL AFinancials186.8K$12.5M1.8%Held
MSFT MICROSOFT CORPTechnology26.5K$9.8M1.4%+1.9%
FERG FERGUSON ENTERPRISES INCConsumer discretionary41.3K$9.6M1.4%Held
META META PLATFORMS INC-CLASS ATechnology13.8K$7.9M1.1%Held
NTB BANK OF N.T. BUTTERFIELD&SONFinancials144.9K$7.6M1.1%-6.8%
JPM JPMORGAN CHASE & COFinancials24.1K$7.1M1.0%Held
SPGI S&P GLOBAL INCServices media13.7K$5.8M0.8%Held
PJT PJT PARTNERS INC - AFinancials41.5K$5.8M0.8%Held
GOOG ALPHABET INC-CL CTechnology20.0K$5.7M0.8%Held
NUE NUCOR CORPIndustrials28.0K$4.7M0.7%Held
EVR EVERCORE INC - AFinancials15.0K$4.5M0.6%Held
TMUS T-MOBILE US INCCommunications20.6K$4.3M0.6%Held
WMT WALMART INCConsumer discretionary33.0K$4.1M0.6%Held
BLK BLACKROCK INCFinancials3.9K$3.8M0.5%Held
EOG EOG RESOURCES INCEnergy25.9K$3.7M0.5%Held
HLI HOULIHAN LOKEY INCFinancials25.0K$3.6M0.5%Held
MCO MOODY'S CORPServices media8.0K$3.5M0.5%Held
NBIS NEBIUS GROUP NVTechnology27.6K$2.9M0.4%Held
MLM MARTIN MARIETTA MATERIALSMaterials4.5K$2.6M0.4%Held
MCB METROPOLITAN BANK HOLDING COFinancials31.5K$2.6M0.4%Held
CVX CHEVRON CORPEnergy12.6K$2.6M0.4%Held
CRWD CROWDSTRIKE HOLDINGS INC - ATechnology6.3K$2.4M0.4%Held
DHR DANAHER CORPTechnology12.5K$2.4M0.3%Held
AKAM AKAMAI TECHNOLOGIES INCServices media20.0K$2.3M0.3%Held
FOX FOX CORP - CLASS BCommunications41.3K$2.2M0.3%Held
PNC PNC FINANCIAL SERVICES GROUPFinancials10.4K$2.2M0.3%Held
HLT HILTON WORLDWIDE HOLDINGS INServices media7.1K$2.2M0.3%Held
EFX EQUIFAX INCServices media12.0K$2.2M0.3%Held
FBK FB FINANCIAL CORPFinancials40.8K$2.1M0.3%Held
CTRA COTERRA ENERGY INC60.0K$2.1M0.3%Held
GE GENERAL ELECTRICIndustrials7.0K$2.0M0.3%Held
CHTR CHARTER COMMUNICATIONS INC-ACommunications8.7K$1.9M0.3%-45.2%
AJG ARTHUR J GALLAGHER & COFinancials8.4K$1.8M0.3%Held
HD HOME DEPOT INCConsumer discretionary5.5K$1.8M0.3%Held
APO APOLLO GLOBAL MANAGEMENT INCFinancials15.9K$1.8M0.3%Held
BPOP POPULAR INCFinancials13.0K$1.7M0.3%Held
EG EVEREST GROUP LTDFinancials5.0K$1.6M0.2%Held
PLTR PALANTIR TECHNOLOGIES INC-ATechnology11.0K$1.6M0.2%Held
PANW PALO ALTO NETWORKS INCTechnology10.0K$1.6M0.2%-20.0%
CUBI CUSTOMERS BANCORP INCFinancials23.0K$1.6M0.2%Held
WFC WELLS FARGO & COFinancials20.0K$1.6M0.2%Held
ARES ARES MANAGEMENT CORP - AFinancials14.5K$1.6M0.2%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 7, 2026197$692.2M canonicalSEC ↗
Q4 202513F-HRJan 30, 2026193$665.8M canonicalSEC ↗
Q3 202513F-HRNov 12, 2025190$648.4M canonicalSEC ↗
Q2 202513F-HRAug 13, 2025190$611.0M canonicalSEC ↗
Q1 202513F-HRMay 15, 2025193$576.0M canonicalSEC ↗
Q4 202413F-HRFeb 11, 2025192$636.5M canonicalSEC ↗
Q3 202413F-HRNov 14, 2024188$597.5M canonicalSEC ↗
Q2 202413F-HRJul 30, 2024178$545.4M canonicalSEC ↗
Q1 202413F-HRMay 1, 2024176$544.4M canonicalSEC ↗