HARBOR INVESTMENT ADVISORY, LLC

Q4 2025 13F-HR Holdings

Location
Lutherville, MD
Holdings as of
12/31/2025
Date filed
1/7/2026
Form type
13F-HR
Num holdings
1,229
Total value ($000)
$1,331,907
Net value change ($000)
+121,325 (10.0%)
New positions
108
Sold out positions
56
Turnover %
0.5%
Sector allocation + QoQ delta (equities-only)
Prev filing: 10/27/2025 Next filing: 4/23/2026 SEC filing

Snapshot: Change Analysis

Compared to Q3 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
MAR 26,643 17.9%
GOOGL 13,893 32.6%
AAPL 7,940 9.3%
GOOGL 5,711 34.9%
IVV 4,807 40.1%
AMZN 4,344 8.4%
GLD 3,524 47.5%
LLY 3,250 43.1%
GDXJ 2,870 94.7%
IEFA 2,750 47.3%
Top Reduces (Value $000, Stocks/ETFs)
FISV -1,839 -76.0%
TMUS -1,798 -79.5%
EQIX -1,781 -59.0%
IBDQ -1,588 -100.0%
AMT -1,390 -35.1%
DLR -1,223 -36.1%
ORCL -1,198 -26.9%
IBIT -1,131 -57.9%
APO -1,082 -50.9%
JEPI -952 -25.8%
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000): 1,794 (0.1% of total reported value)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type