13F-HR 1 d13fhr.txt 13F-HR UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or quarter Ended: December 31, 2010 Check here if Amendment [_] Amendment Number: ----------- This amendment (Check only one.) [_] is a restatement. [_] adds new holding entries. Institutional Investment Manager Filing this Report: Name: Harvard Management Company, Inc. Address: 600 Atlantic Avenue Boston, MA 02210 13F File Number: 028-03879 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Kathryn I. Murtagh Title: Managing Director - Chief Compliance Officer Phone: (617) 523-4400 Signature, Place, and Date of signing: /s/ Kathryn Murtagh, Boston, MA, February 11, 2011 Report Type (Check only one.): [X] 13F Holdings Report. [_] 13F Notice. [_] 13F Combination Report. FORM 13F SUMMARY PAGE Report Summary: Number of other Included Managers: 0 Form 13F Information Table Entry Total: 125 Form 13F Information Table Value Total (thousands): 1,123,761 List of Other Included Managers: NONE FORM 13F INFORMATION TABLE
MARKET VOTING AUTHORITY CUSIP VALUE SHRS OR SH/ PUT/ INVESTMENT ---------------------- NAME OF ISSUER TITLE OF CLASS NUMBER (X$1000) PRN AMT PRN CALL DISCRETION SOLE SHARED NONE ------------------------------- ---------------- --------- -------- --------- --- ---- ---------- --------- ------ ----- ALBERTO CULVER CO NEW COM 013078100 3,704 100,000 SH SOLE 100,000 0 0 ALCON INC COM SHS H01301102 55,850 341,800 SH SOLE 341,800 0 0 AMERICA MOVIL SAB DE CV SPON ADR L SHS 02364W105 30,103 524,983 SH SOLE 524,983 0 0 ANGLOGOLD ASHANTI LTD SPONSORED ADR 035128206 3,938 80,000 SH SOLE 80,000 0 0 AU OPTRONICS CORP SPONSORED ADR 002255107 1,312 125,868 SH SOLE 125,868 0 0 BALDOR ELEC CO COM 057741100 18,863 299,225 SH SOLE 299,225 0 0 BANCO BRADESCO S A SP ADR PFD NEW 059460303 10,596 522,230 SH SOLE 522,230 0 0 BANCO SANTANDER BRASIL S A ADS REP 1 UNIT 05967A107 1,360 100,000 SH SOLE 100,000 0 0 BANCO SANTANDER CHILE NEW SP ADR REP COM 05965X109 935 10,000 SH SOLE 10,000 0 0 BRASIL TELECOM SA SPONS ADR PFD 10553M101 658 30,000 SH SOLE 30,000 0 0 BRASKEM S A SP ADR PFD A 105532105 502 20,000 SH SOLE 20,000 0 0 BRF-BRASIL FOODS S A SPONSORED ADR 10552T107 2,532 150,000 SH SOLE 150,000 0 0 BUCYRUS INTL INC NEW COM 118759109 11,175 125,000 SH SOLE 125,000 0 0 CALIPER LIFE SCIENCES INC *W 130872112 354 570,988 SH SOLE 570,988 0 0 CEMEX SAB DE CV SPON ADR NEW 151290889 4,893 456,904 SH SOLE 456,904 0 0 COMPANHIA ENERGETICA DE MINA SP ADR N-V PFD 204409601 1,642 99,000 SH SOLE 99,000 0 0 CENTRAIS ELETRICAS BRASILEIR SPONSORED ADR 15234Q207 706 51,329 SH SOLE 51,329 0 0 CENTRAIS ELETRICAS BRASILEIR SPON ADR PFD B 15234Q108 780 46,806 SH SOLE 46,806 0 0 CENTRAL EUROPEAN MEDIA ENTRP CL A NEW G20045202 243 11,950 SH SOLE 11,950 0 0 CHINA LIFE INS CO LTD SPON ADR REP H 16939P106 5,505 90,000 SH SOLE 90,000 0 0 CHINA MOBILE LIMITED SPONSORED ADR 16941M109 14,247 287,125 SH SOLE 287,125 0 0 COMPANHIA BRASILEIRA DE DIST SPN ADR PFD CL A 20440T201 1,259 30,000 SH SOLE 30,000 0 0
MARKET VOTING AUTHORITY CUSIP VALUE SHRS OR SH/ PUT/ INVESTMENT ---------------------- NAME OF ISSUER TITLE OF CLASS NUMBER (X$1000) PRN AMT PRN CALL DISCRETION SOLE SHARED NONE ------------------------------- ---------------- --------- -------- --------- --- ---- ---------- --------- ------ ----- COMPANIA DE MINAS BUENAVENTU SPONSORED ADR 204448104 5,410 110,500 SH SOLE 110,500 0 0 COMPANHIA PARANAENSE ENERG C SPON ADR PFD 20441B407 1,007 40,000 SH SOLE 40,000 0 0 COMPANHIA DE SANEAMENTO BASI SPONSORED ADR 20441A102 594 11,239 SH SOLE 11,239 0 0 COMPANHIA SIDERURGICA NACION SPONSORED ADR 20440W105 2,584 155,000 SH SOLE 155,000 0 0 CNOOC LTD SPONSORED ADR 126132109 7,085 29,722 SH SOLE 29,722 0 0 COCA COLA FEMSA S A B DE C V SPON ADR REP L 191241108 1,335 16,200 SH SOLE 16,200 0 0 COMPANHIA DE BEBIDAS DAS AME SPON ADR PFD 20441W203 5,430 175,000 SH SOLE 175,000 0 0 CPFL ENERGIA S A SPONSORED ADR 126153105 1,920 25,000 SH SOLE 25,000 0 0 CREDICORP LTD COM G2519Y108 4,756 40,000 SH SOLE 40,000 0 0 DEL MONTE FOODS CO COM 24522P103 1,470 78,200 SH SOLE 78,200 0 0 DIONEX CORP COM 254546104 2,950 25,000 SH SOLE 25,000 0 0 DR REDDYS LABS LTD ADR 256135203 739 20,000 SH SOLE 20,000 0 0 EMBRAER S A SP ADR REP 4 COM 29082A107 1,147 39,000 SH SOLE 39,000 0 0 EMPRESA NACIONAL DE ELCTRCID SPONSORED ADR 29244T101 1,770 31,490 SH SOLE 31,490 0 0 ENERSIS S A SPONSORED ADR 29274F104 1,879 80,939 SH SOLE 80,939 0 0 FIBRIA CELULOSE S A SP ADR REP COM 31573A109 800 50,000 SH SOLE 50,000 0 0 FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS 344419106 5,888 105,300 SH SOLE 105,300 0 0 GAFISA S A SPONS ADR 362607301 727 50,000 SH SOLE 50,000 0 0 GERDAU S A SPONSORED ADR 373737105 1,889 135,000 SH SOLE 135,000 0 0 GOL LINHAS AEREAS INTLG S A SP ADR REP PFD 38045R107 461 30,000 SH SOLE 30,000 0 0 GOLD FIELDS LTD NEW SPONSORED ADR 38059T106 3,031 167,200 SH SOLE 167,200 0 0 GOLDMAN SACHS GROUP INC COM 38141G104 1,009 6,000 SH SOLE 6,000 0 0 GRUPO TELEVISA SA DE CV SP ADR REP ORD 40049J206 5,803 223,797 SH SOLE 223,797 0 0 HARMONY GOLD MNG LTD SPONSORED ADR 413216300 1,379 110,000 SH SOLE 110,000 0 0 HDFC BANK LTD ADR REPS 3 SHS 40415F101 1,249 7,475 SH SOLE 7,475 0 0 HORIZON TECHNOLOGY FIN CORP COM 44045A102 802 55,500 SH SOLE 55,500 0 0 HUANENG PWR INTL INC SPON ADR H SHS 443304100 855 40,000 SH SOLE 40,000 0 0 ICICI BK LTD ADR 45104G104 1,921 37,932 SH SOLE 37,932 0 0 INDIA FD INC COM 454089103 266 7,584 SH SOLE 7,584 0 0 INFOSYS TECHNOLOGIES LTD SPONSORED ADR 456788108 2,214 29,100 SH SOLE 29,100 0 0
MARKET VOTING AUTHORITY CUSIP VALUE SHRS OR SH/ PUT/ INVESTMENT ---------------------- NAME OF ISSUER TITLE OF CLASS NUMBER (X$1000) PRN AMT PRN CALL DISCRETION SOLE SHARED NONE ------------------------------- ---------------- --------- -------- --------- --- ---- ---------- --------- ------ ----- BARCLAYS BK PLC IPMS INDIA ETN 06739F291 7,766 100,000 SH SOLE 100,000 0 0 ISHARES TR FTSE XNHUA IDX 464287184 203,352 4,719,230 SH SOLE 4,719,230 0 0 ISHARES INC MSCI BRAZIL 464286400 187,206 2,418,687 SH SOLE 2,418,687 0 0 ISHARES INC MSCI CHILE INVES 464286640 18,220 228,900 SH SOLE 228,900 0 0 ISHARES TR MSCI EMERG MKT 464287234 27,884 585,558 SH SOLE 585,558 0 0 ISHARES INC MSCI MALAYSIA 464286830 2,948 205,014 SH SOLE 205,014 0 0 ISHARES INC MSCI MEX INVEST 464286822 10,545 170,300 SH SOLE 170,300 0 0 ISHARES TR PHILL INVSTMRK 46429B408 778 31,200 SH SOLE 31,200 0 0 ISHARES TR POLND INVT MKT 46429B606 1,139 33,900 SH SOLE 33,900 0 0 ISHARES INC MSCI STH AFRCA 464286780 5,650 75,655 SH SOLE 75,655 0 0 ISHARES INC MSCI S KOREA 464286772 38,120 622,980 SH SOLE 622,980 0 0 ISHARES INC MSCI THAILAND 464286624 1,943 30,000 SH SOLE 30,000 0 0 ISHARES TR S&P 500 INDEX 464287200 16,250 128,715 SH SOLE 128,715 0 0 ISHARES TR MSCI EAFE IDX 464287465 5,337 91,649 SH SOLE 91,649 0 0 ISHARES TR S&P MIDCAP 400 464287507 2,347 25,884 SH SOLE 25,884 0 0 ISHARES TR RUSSELL 2000 464287655 2,803 35,828 SH SOLE 35,828 0 0 ISHARES S&P GSCI COMMODITY I UNIT BEN INT 46428R107 17,562 515,000 SH SOLE 515,000 0 0 ITAU UNIBANCO HLDG SA SPON ADR REP PFD 465562106 12,005 500,000 SH SOLE 500,000 0 0 KB FINANCIAL GROUP INC SPONSORED ADR 48241A105 990 18,712 SH SOLE 18,712 0 0 KING PHARMACEUTICALS INC COM 495582108 11,943 850,000 SH SOLE 850,000 0 0 KOREA ELECTRIC PWR SPONSORED ADR 500631106 811 60,000 SH SOLE 60,000 0 0 KT CORP SPONSORED ADR 48268K101 312 15,000 SH SOLE 15,000 0 0 L-1 IDENTITY SOLUTIONS INC COM 50212A106 4,819 404,600 SH SOLE 404,600 0 0 LADISH INC COM NEW 505754200 10,180 209,432 SH SOLE 209,432 0 0 LAN AIRLINES S A SPONSORED ADR 501723100 308 10,000 SH SOLE 10,000 0 0 LG DISPLAY CO LTD SPONS ADR REP 50186V102 612 34,478 SH SOLE 34,478 0 0 MARKET VECTORS ETF TR INDONESIA ETF 57060U753 1,746 20,000 SH SOLE 20,000 0 0 MARKET VECTORS ETF TR RUSSIA ETF 57060U506 1,951 51,455 SH SOLE 51,455 0 0 MCG CAPITAL CORP COM 58047P107 684 98,073 SH SOLE 98,073 0 0
MARKET VOTING AUTHORITY CUSIP VALUE SHRS OR SH/ PUT/ INVESTMENT ---------------------- NAME OF ISSUER TITLE OF CLASS NUMBER (X$1000) PRN AMT PRN CALL DISCRETION SOLE SHARED NONE ------------------------------- ---------------- --------- -------- --------- --- ---- ---------- --------- ------ ----- MECHEL OAO SPONSORED ADR 583840103 2,485 85,000 SH SOLE 85,000 0 0 NEWALLIANCE BANCSHARES INC COM 650203102 34,925 2,331,429 SH SOLE 2,331,429 0 0 NOVARTIS A G PUT 66987V959 213 1,000 SH PUT SOLE 1,000 0 0 PEBBLEBROOK HOTEL TR COM 70509V100 52,778 2,597,352 SH SOLE 2,597,352 0 0 COM UNIT R LIM COM 70788P105 367 13,959 SH SOLE 13,959 0 0 PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 12,359 326,623 SH SOLE 326,623 0 0 PETROLEO BRASILEIRO SA PETRO SP ADR NON VTG 71654V101 16,231 475,000 SH SOLE 475,000 0 0 PHILIPPINE LONG DISTANCE TEL SPONSORED ADR 718252604 874 15,000 SH SOLE 15,000 0 0 POPULAR INC COM 733174106 52 16,665 SH SOLE 16,665 0 0 POSCO SPONSORED ADR 693483109 1,938 18,000 SH SOLE 18,000 0 0 POWERSHS DB MULTI SECT COMM DB ENERGY FUND 73936B101 6,344 235,996 SH SOLE 235,996 0 0 POWERSHS DB MULTI SECT COMM DB PREC MTLS 73936B200 2,655 51,229 SH SOLE 51,229 0 0 POWERSHS DB MULTI SECT COMM DB AGRICULT FD 73936B408 6,357 196,517 SH SOLE 196,517 0 0 POWERSHARES DB CMDTY IDX TRA UNIT BEN INT 73935S105 309 11,213 SH SOLE 11,213 0 0 POWERSHS DB MULTI SECT COMM DB BASE METALS 73936B705 4,203 172,039 SH SOLE 172,039 0 0 SOCIEDAD QUIMICA MINERA DE C SPON ADR SER B 833635105 2,045 35,000 SH SOLE 35,000 0 0 QWEST COMMUNICATIONS INTL IN COM 749121109 21,376 2,808,913 SH SOLE 2,808,913 0 0 REPUBLIC SVCS INC COM 760759100 747 25,000 SH SOLE 25,000 0 0 SASOL LTD SPONSORED ADR 803866300 6,751 129,700 SH SOLE 129,700 0 0 SERVICE CORP INTL COM 817565104 2,523 305,840 SH SOLE 305,840 0 0 SK TELECOM LTD SPONSORED ADR 78440P108 667 35,789 SH SOLE 35,789 0 0 SOUTHERN COPPER CORP COM 84265V105 6,170 126,600 SH SOLE 126,600 0 0 SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 11,281 68,500 SH SOLE 68,500 0 0 SPDR SERIES TRUST BRCLYS INTL ETF 78464A516 13,691 234,200 SH SOLE 234,200 0 0 STREAM GLOBAL SVCS INC *W 86323M118 9 95,000 SH SOLE 95,000 0 0 SUNAMERICA FCSED ALPHA GRW F COM 867037103 5,875 335,120 SH SOLE 335,120 0 0 TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 237 18,921 SH SOLE 18,921 0 0 TAM SA SP ADR REP PFD 87484D103 608 25,000 SH SOLE 25,000 0 0 TATA MTRS LTD SPONSORED ADR 876568502 293 10,000 SH SOLE 10,000 0 0 TELE NORTE LESTE PART S A SPON ADR PFD 879246106 735 50,000 SH SOLE 50,000 0 0
MARKET VOTING AUTHORITY CUSIP VALUE SHRS OR SH/ PUT/ INVESTMENT ---------------------- NAME OF ISSUER TITLE OF CLASS NUMBER (X$1000) PRN AMT PRN CALL DISCRETION SOLE SHARED NONE ------------------------------- ---------------- --------- -------- --------- --- ---- ---------- --------- ------ ----- TELEFONOS DE MEXICO S A B SPON ADR ORD L 879403780 2,260 140,000 SH SOLE 140,000 0 0 P T TELEKOMUNIKASI INDONESIA SPONSORED ADR 715684106 1,425 39,981 SH SOLE 39,981 0 0 TIM PARTICIPACOES S A SPONS ADR PFD 88706P106 683 20,000 SH SOLE 20,000 0 0 TRI CONTL CORP COM 895436103 8,393 609,981 SH SOLE 609,981 0 0 ULTRAPAR PARTICIPACOES S A SP ADR REP PFD 90400P101 1,292 20,000 SH SOLE 20,000 0 0 VALE S A ADR 91912E105 10,025 290,000 SH SOLE 290,000 0 0 VALE S A ADR REPSTG PFD 91912E204 13,091 433,202 SH SOLE 433,202 0 0 VANGUARD INTL EQUITY INDEX F EMR MKT ETF 922042858 9,932 206,277 SH SOLE 206,277 0 0 VIMPELCOM LTD SPONSORED ADR 92719A106 15,747 1,047,006 SH SOLE 1,047,006 0 0 VIVO PARTICIPACOES S A SPON ADR PFD NEW 92855S200 1,238 38,000 SH SOLE 38,000 0 0 WIMM BILL DANN FOODS OJSC SPONSORED ADR 97263M109 1,102 33,429 SH SOLE 33,429 0 0 WIPRO LTD SPON ADR 1 SH 97651M109 309 20,000 SH SOLE 20,000 0 0 WISDOMTREE TRUST INDIA ERNGS FD 97717W422 6,727 254,901 SH SOLE 254,901 0 0 ZWEIG TOTAL RETURN FD INC COM 989837109 701 196,920 SH SOLE 196,920 0 0