Harbor Island Capital 13F annual report

Harbor Island Capital is an investment fund managing more than $232 billion ran by Paul Fortin. There are currently 15 companies in Mr. Fortin’s portfolio. The largest investments include Applied Matls Inc and Lam Research, together worth $87.3 billion.

$232 billion Assets Under Management (AUM)

As of 18th July 2024, Harbor Island Capital’s top holding is 199,249 shares of Applied Matls Inc currently worth over $47 billion and making up 20.2% of the portfolio value. In addition, the fund holds 37,802 shares of Lam Research worth $40.3 billion, whose value grew 12.9% in the past six months. The third-largest holding is Apple Inc worth $20.6 billion and the next is Microsoft worth $18.8 billion, with 42,086 shares owned.

Currently, Harbor Island Capital's portfolio is worth at least $232 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 Harbor Island Capital

The Harbor Island Capital office and employees reside in Topsfield, Massachusetts. According to the last 13-F report filed with the SEC, Paul Fortin serves as the Owner/Member at Harbor Island Capital.

Recent trades

In the most recent 13F filing, Harbor Island Capital revealed that it had increased its stake in HP Inc and bought 12,840 additional shares worth around $465 thousand. This means they effectively own approximately 0.1% of the company. HP Inc makes up 11.3% of the fund's Technology sector allocation and has grown its share price by 14.9% in the past year.

On the other hand, Paul Fortin disclosed a decreased stake in Applied Matls Inc by approximately 0.1%. This leaves the value of the investment at $47 billion and 199,249 shares.

One of the smallest hedge funds

The two most similar investment funds to Harbor Island Capital are Eley Management, Inc and Bnc Wealth Management. They manage $232 billion and $232 billion respectively.

Paul Fortin investment strategy

Harbor Island Capital’s portfolio is diversified across 5 sectors. Currently, their heaviest sector is Technology — making up 38.3% of the total portfolio value. The fund focuses on investments in the United States as 53.3% 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 47% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $514 billion.

The complete list of Harbor Island Capital trades based on 13F SEC filings

These positions were updated on July 25th 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
Applied Matls Inc	6.91% 199,249	$47,020,772,000	20.25%
Lam Research Corp.	0.45% 37,802	$40,253,460,000	17.33%
Apple Inc	0.26% 97,688	$20,575,047,000	8.86%
Microsoft Corporation	0.46% 42,086	$18,810,338,000	8.10%
Wells Fargo Co New	No change 279,964	$16,627,062,000	7.16%
KLA Corp.	0.54% 14,754	$12,164,821,000	5.24%
GATX Corp.	No change 91,800	$12,150,648,000	5.23%
Cisco Sys Inc	0.27% 223,448	$10,616,014,000	4.57%
HP Inc	4.70% 285,998	$10,015,650,000	4.31%
Eagle Matls Inc	5.74% 45,491	$9,892,473,000	4.26%
Warner Bros.Discovery Inc	54.54% 1,068,338	$7,948,345,000	3.42%
Intel Corp.	0.29% 250,906	$7,770,559,000	3.35%
Bank America Corp	27.78% 169,336	$6,734,493,000	2.90%
Comcast Corp New	17.44% 171,893	$6,731,330,000	2.90%
Hewlett Packard Enterprise C	1.51% 231,568	$4,902,295,000	2.11%
No transactions found
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