Harbour Investment Management 13F annual report
Harbour Investment Management is an investment fund managing more than $181 billion ran by Erika Berkenhoff. There are currently 67 companies in Mrs. Berkenhoff’s portfolio. The largest investments include Microsoft and Costco Whsl Corp New, together worth $28.3 billion.
$181 billion Assets Under Management (AUM)
As of 5th May 2023, Harbour Investment Management’s top holding is 62,445 shares of Microsoft currently worth over $18 billion and making up 10.0% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Harbour Investment Management owns more than approximately 0.1% of the company.
In addition, the fund holds 20,712 shares of Costco Whsl Corp New worth $10.3 billion.
The third-largest holding is Apple Inc worth $9.92 billion and the next is Novo-nordisk A S worth $8.09 billion, with 50,446 shares owned.
Currently, Harbour Investment Management's portfolio is worth at least $181 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 Harbour Investment Management
The Harbour Investment Management office and employees reside in Edmonds, Washington. According to the last 13-F report filed with the SEC, Erika Berkenhoff serves as the Chief Compliance Officer at Harbour Investment Management.
Recent trades
In the most recent 13F filing, Harbour Investment Management revealed that it had opened a new position in
Vanguard Index Fds and bought 821 shares worth $309 million.
The investment fund also strengthened its position in Ishares Tr by buying
2,460 additional shares.
This makes their stake in Ishares Tr total 39,695 shares worth $5.13 billion.
On the other hand, there are companies that Harbour Investment Management is getting rid of from its portfolio.
Harbour Investment Management closed its position in Nuveen Amt Free Mun Cr Inc F on 12th May 2023.
It sold the previously owned 11,096 shares for $129 thousand.
Erika Berkenhoff also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $18 billion and 62,445 shares.
One of the average hedge funds
The two most similar investment funds to Harbour Investment Management are Irenic Capital Management L.P. and 360. They manage $181 billion and $181 billion respectively.
Erika Berkenhoff investment strategy
Harbour Investment Management’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Technology — making up 15.2% of
the total portfolio value.
The fund focuses on investments in the United States as
46.3% 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
48% of the total holdings value.
On the other hand, small-cap stocks make up only 1.5% of the portfolio.
The average market cap of the portfolio companies is close to $316 billion.
The complete list of Harbour Investment Management trades based on 13F SEC filings
These positions were updated on May 12th 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 |
|---|---|---|---|
| Microsoft Corporation |
0.46%
62,445
|
$18,002,898,000 | 9.97% |
| Costco Whsl Corp New |
0.74%
20,712
|
$10,291,171,000 | 5.70% |
| Apple Inc |
3.42%
60,158
|
$9,920,024,000 | 5.49% |
| Novo-nordisk A S |
1.87%
50,446
|
$8,087,225,000 | 4.48% |
| Starbucks Corp. |
0.06%
56,841
|
$5,918,853,000 | 3.28% |
| Ishares Tr |
6.61%
39,695
|
$5,127,006,000 | 2.84% |
| Stryker Corp. |
1.42%
15,631
|
$4,473,815,000 | 2.48% |
| Amazon.com Inc. |
2.58%
41,580
|
$4,294,798,000 | 2.38% |
| Paccar Inc. |
47.41%
58,258
|
$4,264,486,000 | 2.36% |
| Automatic Data Processing In |
0.62%
18,813
|
$4,211,729,000 | 2.33% |
| J P Morgan Exchange Traded F |
6.94%
77,255
|
$3,923,781,000 | 2.17% |
| Berkshire Hathaway Inc. |
1.93%
12,694
|
$3,919,526,000 | 2.17% |
| Coastal Finl Corp Wa |
No change
103,221
|
$3,716,988,000 | 2.06% |
| Waste Mgmt Inc Del |
0.70%
22,536
|
$3,677,199,000 | 2.04% |
| Unitedhealth Group Inc |
2.08%
7,298
|
$3,448,962,000 | 1.91% |
| NextEra Energy Inc |
0.99%
42,825
|
$3,300,951,000 | 1.83% |
| Pepsico Inc |
0.69%
17,423
|
$3,176,213,000 | 1.76% |
| Norfolk Southn Corp |
0.52%
14,468
|
$3,067,216,000 | 1.70% |
| United Parcel Service, Inc. |
0.32%
15,238
|
$2,956,020,000 | 1.64% |
| Cisco Sys Inc |
0.46%
55,207
|
$2,885,946,000 | 1.60% |
| Danaher Corp. |
3.68%
11,398
|
$2,875,802,000 | 1.59% |
| Select Sector Spdr Tr |
4.14%
35,638
|
$2,874,561,000 | 1.59% |
| Air Prods & Chems Inc |
1.87%
9,723
|
$2,809,331,000 | 1.56% |
| Johnson & Johnson |
1.81%
18,074
|
$2,801,470,000 | 1.55% |
| Coca-Cola Co |
0.93%
44,732
|
$2,794,981,000 | 1.55% |
| Snap-on, Inc. |
0.90%
11,015
|
$2,719,493,000 | 1.51% |
| Abbott Labs |
1.13%
26,750
|
$2,708,705,000 | 1.50% |
| Procter And Gamble Co |
3.53%
17,887
|
$2,659,618,000 | 1.47% |
| L3Harris Technologies Inc |
No change
12,622
|
$2,476,941,000 | 1.37% |
| Invesco Exch Traded Fd Tr Ii |
No change
18,251
|
$2,400,919,000 | 1.33% |
| Blackrock Inc. |
1.52%
3,506
|
$2,345,935,000 | 1.30% |
| Kimberly-Clark Corp. |
0.62%
16,948
|
$2,294,429,000 | 1.27% |
| Chevron Corp. |
3.03%
13,984
|
$2,281,629,000 | 1.26% |
| Becton Dickinson & Co |
No change
9,165
|
$2,268,704,000 | 1.26% |
| Alphabet Inc |
4.59%
21,630
|
$2,249,520,000 | 1.25% |
| Disney Walt Co |
0.68%
21,781
|
$2,180,932,000 | 1.21% |
| Raytheon Technologies Corporation |
0.70%
22,191
|
$2,173,202,000 | 1.20% |
| Bristol-Myers Squibb Co. |
12.67%
27,960
|
$1,937,908,000 | 1.07% |
| Check Point Software Tech Lt |
0.07%
14,503
|
$1,885,390,000 | 1.04% |
| Broadcom Inc. |
51.94%
2,823
|
$1,811,067,000 | 1.00% |
| Intel Corp. |
1.94%
54,583
|
$1,783,227,000 | 0.99% |
| Vanguard World Fds |
0.45%
21,918
|
$1,707,193,000 | 0.94% |
| Phillips 66 |
0.27%
14,886
|
$1,509,143,000 | 0.84% |
| Shell Plc |
No change
25,703
|
$1,478,951,000 | 0.82% |
| 3M Co. |
1.75%
13,790
|
$1,449,467,000 | 0.80% |
| Colgate-Palmolive Co. |
0.61%
16,442
|
$1,235,616,000 | 0.68% |
| Ishares Inc |
2.11%
41,801
|
$1,189,656,000 | 0.66% |
| Visa Inc |
1.45%
5,112
|
$1,152,516,000 | 0.64% |
| Schwab Strategic Tr |
16.00%
76,975
|
$2,357,932,000 | 1.31% |
| Sap SE |
No change
8,353
|
$1,057,072,000 | 0.59% |
| Conocophillips |
0.10%
10,413
|
$1,039,262,000 | 0.58% |
| Washington Fed Inc |
No change
32,847
|
$989,352,000 | 0.55% |
| Abrdn Gold Etf Trust |
15.91%
37,000
|
$698,190,000 | 0.39% |
| Abrdn Silver Etf Trust |
16.13%
26,000
|
$600,860,000 | 0.33% |
| American Wtr Wks Co Inc New |
7.94%
4,060
|
$594,749,000 | 0.33% |
| Vanguard Charlotte Fds |
42.58%
11,947
|
$584,447,000 | 0.32% |
| Exxon Mobil Corp. |
3.74%
5,135
|
$563,104,000 | 0.31% |
| TotalEnergies SE |
No change
8,979
|
$536,921,000 | 0.30% |
| American Express Co. |
No change
2,500
|
$412,375,000 | 0.23% |
| Xcel Energy Inc. |
No change
5,847
|
$397,362,000 | 0.22% |
| Vanguard Index Fds |
42.17%
4,642
|
$385,472,000 | 0.21% |
| Adobe Systems Incorporated |
16.75%
994
|
$383,058,000 | 0.21% |
| Mdu Res Group Inc |
3.57%
10,120
|
$310,726,000 | 0.17% |
| Vanguard Index Fds |
Opened
821
|
$308,753,000 | 0.17% |
| Spdr S&p 500 Etf Tr |
10.36%
606
|
$248,896,000 | 0.14% |
| Thermo Fisher Scientific Inc. |
No change
429
|
$247,413,000 | 0.14% |
| Spdr Gold Tr |
14.06%
1,192
|
$218,398,000 | 0.12% |
| Nuveen Amt Free Mun Cr Inc F |
Closed
11,096
|
$129,000 | |
| No transactions found | |||
| Showing first 500 out of 68 holdings | |||
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