New Harbor Financial Group, LLC
Long book
$551.0M
Q1 2026
Positions
53
Top-10 weight
64%
concentration
Last quarter
+0.5%
SPY +14.8%
Turnover
22%
of book per quarter
Strategy in plain words
auto-generated from filingsNew Harbor Financial Group, LLC is a wealth-management firm allocating client money, specialised in financials (92% of the long book), running a $551.0M US long book across 53 positions.
The portfolio is concentrated: the top 10 names carry 64% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: SS SPDR S&P OG EQP & SERV, ISHARES 20+ YEAR TREASURY BD, HARBOR COMMODITY ALL WEATHER, VANECK GOLD MINERS ETF, ISHARES LATIN AMERICA 40 ETF.
Over the last 9 quarters its long book ran on average 0.4pp per quarter ahead of the S&P 500, beating the index in 5 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+0.3%
Q2 2024
+8.7%
Q3 2024
-4.2%
Q4 2024
+5.6%
Q1 2025
+6.9%
Q2 2025
+12.9%
Q3 2025
+6.5%
Q4 2025
+6.9%
Q1 2026
+0.5%
Sector allocation
Materials 44%
Technology 36%
Industrials 9%
Financials 4%
Energy 4%
Consumer discretionary 3%
Long book by quarter
What does New Harbor own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NVDA NVIDIA CORP | Technology | 8.2K | $1.4M | 0.3% | +47.1% |
| AAPL APPLE INC | Technology | 3.5K | $894K | 0.2% | +43.4% |
| HL HECLA MINING CO | Materials | 40.4K | $752K | 0.1% | New |
| TSLA TESLA INC | Industrials | 1.7K | $649K | 0.1% | +0.4% |
| FNV FRANCO-NEVADA CORP | Materials | 1.9K | $468K | 0.1% | +1.6% |
| WPM WHEATON PRECIOUS METALS CORP | Materials | 3.3K | $427K | 0.1% | +27.0% |
| AEM AGNICO EAGLE MINES LTD | Materials | 2.0K | $412K | 0.1% | -2.4% |
| JPM JPMORGAN CHASE & CO | Financials | 1.0K | $299K | 0.1% | -14.2% |
| NEM NEWMONT CORP | Materials | 2.7K | $296K | 0.1% | New |
| MSFT MICROSOFT CORP | Technology | 797 | $295K | 0.1% | -17.8% |
| NXE NEXGEN ENERGY LTD | Materials | 24.0K | $278K | 0.1% | -2.0% |
| XOM EXXON MOBIL CORP | Energy | 1.6K | $274K | 0.0% | New |
| AG FIRST MAJESTIC SILVER CORP | Materials | 12.2K | $262K | 0.0% | +6.3% |
| UEC URANIUM ENERGY CORP | Materials | 17.8K | $241K | 0.0% | -20.9% |
| HD HOME DEPOT INC | Consumer discretionary | 703 | $231K | 0.0% | Held |
| DNN DENISON MINES CORP | Materials | 27.0K | $95K | 0.0% | -5.3% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 5, 2026 | 61 | $567.5M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 30, 2026 | 52 | $545.8M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 7, 2025 | 56 | $493.3M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 13, 2025 | 48 | $435.8M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 14, 2025 | 50 | $376.1M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 17, 2025 | 75 | $339.9M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 16, 2024 | 69 | $390.4M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 1, 2024 | 64 | $331.7M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 1, 2024 | 51 | $313.5M | canonical | SEC ↗ |