Guru’s Grade Harvard’s Stock Portfolio

Over the past year, the Harvard Management Co.–Harvard’s endowment arm–has been continuously upping the amount of money it has in U.S.-traded stocks. In a new SEC filing, HMC disclosed that it increased its U.S.-traded holdings in last year’s fourth quarter from $1.8 billion to $2.26 billion, the fourth straight quarter that figure has increased.

In this Forbes article by John Reese, he grades Harvard’s portfolio using his computerized guru strategies. 

What he found was that many, if not all, of Harvard’s biggest holdings — including Bank of America (BAC), BJ Services (BJS), Burlington Northern Santa Fe (BNI), News Corporation (NWS.A), Black & Decker Corporation (BDK), and Pebblebrook Hotel Trust (PEB) — got little interest from Validea’s models. That’s not too surprising; given the size of the firm’s investment portfolio its opportunities are much more limited than those of individual investors, plus the group is likely looking to non-quantitative factors on some of its picks. 

Among the HMC’s smaller holdings, however, a handful of stocks caught his strategies’ eyes. Here’s a look at some of the best of the bunch.

Read the entire Forbes article, “Gurus Go To Harvard“.