Harvard Management Co. Inc. grew its position in ASML Holding (NASDAQ:ASML – Free Report) by 36.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,519 shares of the semiconductor company’s stock after buying an additional 7,333 shares during […]
Harvard Management Co. Inc. trimmed its stake in Kinnate Biopharma Inc. (NASDAQ:KNTE – Free Report) by 7.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 462,418 shares of the company’s stock after selling 35,583 shares during the period. Kinnate Biopharma comprises approximately […]
Harvard University's endowment fund, the world's largest university endowment, posted a small investment gain that bested several other top U.S. universities' returns but saw the value of the fund shrink as more was paid to university operations. Harvard Management Co said on Thursday that it earned a 2.9% return in the fiscal year that ended June 30, leaving the total endowment at $50.7 billion. Returns from these schools are watched closely because they pioneered putting money into hedge and private equity funds.
Harvard University’s endowment earned an investment return of 2.9% during the latest fiscal year, beating rival Yale University and most other Ivy League peers.