Quarterly Portfolios of Investments
July 31, 2021
Domestic Equity Funds
|
|
Retirement
Class
|
Institutional
Class
|
Administrative
Class
|
Investor
Class
|
|
Harbor Capital Appreciation Fund
|
HNACX
|
HACAX
|
HRCAX
|
HCAIX
|
|
Harbor Large Cap Value Fund
|
HNLVX
|
HAVLX
|
HRLVX
|
HILVX
|
|
Harbor Mid Cap Fund
|
HMCRX
|
HMCLX
|
HMCDX
|
HMCNX
|
|
Harbor Mid Cap Growth Fund
|
HNMGX
|
HAMGX
|
HRMGX
|
HIMGX
|
|
Harbor Mid Cap Value Fund
|
HNMVX
|
HAMVX
|
HRMVX
|
HIMVX
|
|
Harbor Small Cap Growth Fund
|
HNSGX
|
HASGX
|
HRSGX
|
HISGX
|
|
Harbor Small Cap Value Fund
|
HNVRX
|
HASCX
|
HSVRX
|
HISVX
|
|
Harbor Strategic Growth Fund
|
HNGSX
|
MVSGX
|
HSRGX
|
HISWX
|
Harbor Capital Appreciation Fund
Portfolio of Investments—July 31, 2021 (Unaudited)
Portfolio of Investments—July 31, 2021 (Unaudited)
Value, Cost, and Principal Amounts in Thousands
|
COMMON STOCKS—100.0%
|
|||
|
Shares
|
|
Value
|
|
|
AEROSPACE & DEFENSE—0.5%
|
|||
|
|
1,589,721
|
Safran SA (France)
|
$208,054
|
|
AUTOMOBILES—5.1%
|
|||
|
|
3,094,536
|
Tesla Inc.*
|
2,126,565
|
|
CAPITAL MARKETS—1.4%
|
|||
|
|
592,751
|
Goldman Sachs Group Inc.
|
222,210
|
|
|
802,127
|
S&P Global Inc.
|
343,888
|
|
|
|
|
566,098
|
|
ENTERTAINMENT—3.2%
|
|||
|
|
1,849,645
|
Netflix Inc.*
|
957,321
|
|
|
2,829,592
|
Roblox Corp.*
|
217,822
|
|
|
768,248
|
Spotify Technology SA (Sweden)*
|
175,675
|
|
|
|
|
1,350,818
|
|
FOOD & STAPLES RETAILING—1.2%
|
|||
|
|
1,213,538
|
Costco Wholesale Corp.
|
521,482
|
|
HEALTH CARE EQUIPMENT & SUPPLIES—2.3%
|
|||
|
|
1,635,003
|
Danaher Corp.
|
486,397
|
|
|
554,655
|
Dexcom Inc.*
|
285,930
|
|
|
203,305
|
Intuitive Surgical Inc.*
|
201,569
|
|
|
|
|
973,896
|
|
HEALTH CARE PROVIDERS & SERVICES—0.8%
|
|||
|
|
769,219
|
UnitedHealth Group Inc.
|
317,087
|
|
HOTELS, RESTAURANTS & LEISURE—2.9%
|
|||
|
|
2,942,147
|
Airbnb Inc.*
|
423,699
|
|
|
304,563
|
Chipotle Mexican Grill Inc.*
|
567,535
|
|
|
1,646,709
|
Marriott International Inc.*
|
240,386
|
|
|
|
|
1,231,620
|
|
INTERACTIVE MEDIA & SERVICES—14.0%
|
|||
|
|
494,173
|
Alphabet Inc. Class A*
|
1,331,564
|
|
|
463,081
|
Alphabet Inc. Class C*
|
1,252,366
|
|
|
4,649,330
|
Facebook Inc.*
|
1,656,556
|
|
|
4,986,604
|
Match Group Inc.*
|
794,216
|
|
|
11,336,358
|
Snap Inc.*
|
843,652
|
|
|
|
|
5,878,354
|
|
INTERNET & DIRECT MARKETING RETAIL—7.4%
|
|||
|
|
844,484
|
Amazon.com Inc.*
|
2,810,097
|
|
|
181,660
|
MercadoLibre Inc. (Argentina)*
|
284,970
|
|
|
|
|
3,095,067
|
|
IT SERVICES—18.4%
|
|||
|
|
318,848
|
Adyen NV (Netherlands)*,1
|
864,094
|
|
|
2,021,105
|
Mastercard Inc.
|
780,025
|
|
|
3,256,339
|
PayPal Holdings Inc.*
|
897,219
|
|
|
1,330,649
|
Shopify Inc. (Canada)*
|
1,995,880
|
|
|
1,011,864
|
Snowflake Inc.*
|
268,872
|
|
|
3,112,092
|
Square Inc.*
|
769,496
|
|
|
2,323,929
|
Twilio Inc.*
|
868,197
|
|
|
5,155,229
|
Visa Inc.
|
1,270,197
|
|
|
|
|
7,713,980
|
|
MULTILINE RETAIL—1.6%
|
|||
|
|
2,551,734
|
Target Corp.
|
666,130
|
|
PERSONAL PRODUCTS—2.0%
|
|||
|
|
2,547,025
|
Estée Lauder Companies Inc.
|
850,273
|
|
COMMON STOCKS—Continued
|
|||
|
Shares
|
|
Value
|
|
|
PHARMACEUTICALS—1.5%
|
|||
|
|
2,641,970
|
Eli Lilly and Co.
|
$643,320
|
|
ROAD & RAIL—1.5%
|
|||
|
|
14,933,205
|
Uber Technologies Inc.*
|
648,997
|
|
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT—5.7%
|
|||
|
|
9,189,196
|
NVIDIA Corp.
|
1,791,802
|
|
|
5,253,629
|
Taiwan Semiconductor Manufacturing Co. Ltd. ADR
(Taiwan)2
|
612,783
|
|
|
|
|
2,404,585
|
|
SOFTWARE—15.0%
|
|||
|
|
2,395,217
|
Adobe Inc.*
|
1,488,939
|
|
|
1,510,866
|
Atlassian Corp. plc (Australia)*
|
491,213
|
|
|
2,770,341
|
CrowdStrike Holdings Inc.*
|
702,586
|
|
|
1,519,976
|
DocuSign Inc.*
|
453,014
|
|
|
6,672,653
|
Microsoft Corp.
|
1,901,105
|
|
|
3,013,039
|
salesforce.com Inc.*
|
728,944
|
|
|
3,930,016
|
Trade Desk Inc.*
|
321,908
|
|
|
899,640
|
Workday Inc.*
|
210,876
|
|
|
|
|
6,298,585
|
|
SPECIALTY RETAIL—3.4%
|
|||
|
|
1,648,411
|
Carvana Co.*
|
556,438
|
|
|
1,269,801
|
Home Depot Inc.
|
416,736
|
|
|
6,576,796
|
TJX Companies Inc.
|
452,549
|
|
|
|
|
1,425,723
|
|
TECHNOLOGY HARDWARE, STORAGE & PERIPHERALS—5.1%
|
|||
|
|
14,737,427
|
Apple Inc.
|
2,149,601
|
|
TEXTILES, APPAREL & LUXURY GOODS—7.0%
|
|||
|
|
774,681
|
Kering SA (France)
|
694,996
|
|
|
1,514,862
|
Lululemon Athletica Inc. (Canada)*
|
606,202
|
|
|
1,110,513
|
LVMH Moet Hennessy Louis Vuitton SE (France)
|
889,151
|
|
|
4,583,066
|
NIKE Inc.
|
767,710
|
|
|
|
|
2,958,059
|
|
TOTAL COMMON STOCKS
|
|||
|
(Cost $20,912,515)
|
42,028,294
|
||
|
TOTAL INVESTMENTS—100.0%
|
|||
|
(Cost $20,912,515)
|
42,028,294
|
||
|
CASH AND OTHER ASSETS, LESS LIABILITIES—0.0%
|
(18,157)
|
||
|
TOTAL NET ASSETS—100.0%
|
$42,010,137
|
||
1
Harbor Capital Appreciation Fund
Portfolio of Investments—Continued
Portfolio of Investments—Continued
FAIR VALUE MEASUREMENTS
At July 31, 2021, the investments in Adyen NV, Kering SA, LVMH Moet Hennessy Louis Vuitton SE, and Safran SA (as disclosed
in the preceding Portfolio of Investments) were classified as Level 2 and all other investments were classified as Level 1. There were no Level 3 investments at July
31, 2021 or October 31, 2020.
For more information on valuation inputs and their aggregation into the levels identified above, please refer to the Fair
Value Measurements and Disclosures in Note 2 of the accompanying Notes to Portfolios of Investments.
|
*
|
Non-income producing security
|
|
1
|
Securities purchased in a transaction exempt from registration under Rule 144A of the Securities Act of 1933. These securities
may be resold in transactions exempt
from registration, normally to qualified institutional buyers. The Fund has no right to demand registration of these securities.
At July 31, 2021, the aggregate value of
these securities was $864,094 or 2% of net assets.
|
|
2
|
Depositary receipts such as American Depositary Receipts (ADRs), Global Depositary Receipts (GDRs) and other country specific
depositary receipts are certificates
evidencing ownership of shares of a foreign issuer. These certificates are issued by depositary banks and generally trade
on an established market in the U.S. or
elsewhere.
|
The accompanying notes are an integral part of the Portfolios of Investments.
2
Harbor Large Cap Value Fund
Portfolio of Investments—July 31, 2021 (Unaudited)
Portfolio of Investments—July 31, 2021 (Unaudited)
Value, Cost, and Principal Amounts in Thousands
|
COMMON STOCKS—97.8%
|
|||
|
Shares
|
|
Value
|
|
|
AEROSPACE & DEFENSE—1.7%
|
|||
|
|
216,091
|
General Dynamics Corp.
|
$42,360
|
|
AUTO COMPONENTS—2.4%
|
|||
|
|
1,815,793
|
CIE Generale des Etablissements Michelin SCA ADR
(France)1
|
59,340
|
|
BANKS—7.7%
|
|||
|
|
453,190
|
Commerce Bancshares Inc.
|
32,054
|
|
|
363,000
|
Cullen/Frost Bankers Inc.
|
38,957
|
|
|
313,612
|
East West Bancorp Inc.
|
22,314
|
|
|
91,944
|
JPMorgan Chase & Co.
|
13,955
|
|
|
4,595,000
|
Mitsubishi UFJ Financial Group Inc. ADR (Japan)1
|
24,400
|
|
|
317,137
|
PNC Financial Services Group Inc.
|
57,849
|
|
|
|
|
189,529
|
|
BEVERAGES—2.1%
|
|||
|
|
908,389
|
Coca-Cola Co.
|
51,805
|
|
BIOTECHNOLOGY—2.3%
|
|||
|
|
241,000
|
Amgen Inc.
|
58,211
|
|
BUILDING PRODUCTS—2.7%
|
|||
|
|
935,413
|
Johnson Controls International plc
|
66,807
|
|
CAPITAL MARKETS—2.4%
|
|||
|
|
227,000
|
Ameriprise Financial Inc.
|
58,466
|
|
CHEMICALS—5.8%
|
|||
|
|
1,513,000
|
Corteva Inc.
|
64,726
|
|
|
143,357
|
Ecolab Inc.
|
31,657
|
|
|
546,236
|
RPM International Inc.
|
47,299
|
|
|
|
|
143,682
|
|
CONSTRUCTION MATERIALS—2.5%
|
|||
|
|
172,000
|
Martin Marietta Materials Inc.
|
62,488
|
|
CONSUMER FINANCE—3.3%
|
|||
|
|
502,000
|
Capital One Financial Corp.
|
81,173
|
|
EQUITY REAL ESTATE INVESTMENT TRUSTS (REITs)—5.0%
|
|||
|
|
332,150
|
Crown Castle International Corp.
|
64,135
|
|
|
355,146
|
Equity Lifestyle Properties Inc.
|
29,761
|
|
|
151,066
|
Sun Communities Inc.
|
29,626
|
|
|
|
|
123,522
|
|
FOOD & STAPLES RETAILING—0.9%
|
|||
|
|
466,000
|
Walgreens Boots Alliance Inc.
|
21,972
|
|
FOOD PRODUCTS—1.5%
|
|||
|
|
511,249
|
Tyson Foods Inc.
|
36,534
|
|
HEALTH CARE EQUIPMENT & SUPPLIES—8.7%
|
|||
|
|
680,000
|
Alcon Inc. (Switzerland)
|
49,504
|
|
|
359,159
|
Danaher Corp.
|
106,846
|
|
|
455,000
|
Medtronic plc (Ireland)
|
59,746
|
|
|
|
|
216,096
|
|
HOUSEHOLD DURABLES—6.0%
|
|||
|
|
703,000
|
Lennar Corp. Class A
|
73,921
|
|
|
7,126
|
Lennar Corp. Class B
|
615
|
|
|
705,339
|
Sony Corp. ADR (Japan)1
|
73,567
|
|
|
|
|
148,103
|
|
HOUSEHOLD PRODUCTS—2.1%
|
|||
|
|
359,646
|
Procter & Gamble Co.
|
51,153
|
|
COMMON STOCKS—Continued
|
|||
|
Shares
|
|
Value
|
|
|
INDUSTRIAL CONGLOMERATES—2.6%
|
|||
|
|
271,000
|
Honeywell International Inc.
|
$63,357
|
|
INSURANCE—3.8%
|
|||
|
|
238,099
|
Chubb Ltd. (Switzerland)
|
40,177
|
|
|
459,181
|
Cincinnati Financial Corp
|
54,128
|
|
|
|
|
94,305
|
|
INTERACTIVE MEDIA & SERVICES—2.8%
|
|||
|
|
977,500
|
Twitter Inc.*
|
68,181
|
|
IT SERVICES—2.5%
|
|||
|
|
226,098
|
PayPal Holdings Inc.*
|
62,297
|
|
MACHINERY—5.3%
|
|||
|
|
212,000
|
Parker-Hannifin Corp.
|
66,150
|
|
|
514,000
|
Xylem Inc.
|
64,687
|
|
|
|
|
130,837
|
|
OIL, GAS & CONSUMABLE FUELS—2.8%
|
|||
|
|
2,377,000
|
Cabot Oil & Gas Corp.
|
38,032
|
|
|
442,180
|
Phillips 66
|
32,469
|
|
|
|
|
70,501
|
|
PHARMACEUTICALS—3.7%
|
|||
|
|
1,442,596
|
Elanco Animal Health Inc.*
|
52,611
|
|
|
430,197
|
Novartis AG ADR (Switzerland)1
|
39,746
|
|
|
|
|
92,357
|
|
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT—5.4%
|
|||
|
|
449,193
|
Microchip Technology Inc.
|
64,289
|
|
|
463,200
|
QUALCOMM Inc.
|
69,387
|
|
|
|
|
133,676
|
|
SOFTWARE—11.8%
|
|||
|
|
168,076
|
Adobe Inc.*
|
104,481
|
|
|
223,000
|
ANSYS Inc.*
|
82,167
|
|
|
371,166
|
Microsoft Corp.
|
105,749
|
|
|
|
|
292,397
|
|
TOTAL COMMON STOCKS
|
|||
|
(Cost $1,565,354)
|
2,419,149
|
||
|
TOTAL INVESTMENTS—97.8%
|
|||
|
(Cost $1,565,354)
|
2,419,149
|
||
|
CASH AND OTHER ASSETS, LESS LIABILITIES—2.2%
|
53,196
|
||
|
TOTAL NET ASSETS—100.0%
|
$2,472,345
|
||
3
Harbor Large Cap Value Fund
Portfolio of Investments—Continued
Portfolio of Investments—Continued
FAIR VALUE MEASUREMENTS
All investments at July 31, 2021 (as disclosed in the preceding Portfolio of Investments) were classified as Level 1. There
were no Level 3 investments at July 31, 2021 or October 31, 2020.
For more information on valuation inputs and their aggregation into the levels identified above, please refer to the Fair
Value Measurements and Disclosures in Note 2 of the accompanying Notes to Portfolios of Investments.
|
*
|
Non-income producing security
|
|
1
|
Depositary receipts such as American Depositary Receipts (ADRs), Global Depositary Receipts (GDRs) and other country specific
depositary receipts are certificates
evidencing ownership of shares of a foreign issuer. These certificates are issued by depositary banks and generally trade
on an established market in the U.S. or
elsewhere.
|
The accompanying notes are an integral part of the Portfolios of Investments.
4
Harbor Mid Cap Fund
Portfolio of Investments—July 31, 2021 (Unaudited)
Portfolio of Investments—July 31, 2021 (Unaudited)
Value, Cost, and Principal Amounts in Thousands
|
COMMON STOCKS—99.4%
|
|||
|
Shares
|
|
Value
|
|
|
AEROSPACE & DEFENSE—1.4%
|
|||
|
|
4,265
|
General Dynamics Corp.
|
$836
|
|
BANKS—1.6%
|
|||
|
|
47,684
|
KeyCorp
|
937
|
|
BUILDING PRODUCTS—1.7%
|
|||
|
|
17,135
|
Masco Corp.
|
1,023
|
|
CAPITAL MARKETS—7.6%
|
|||
|
|
10,612
|
Houlihan Lokey Inc.
|
945
|
|
|
11,755
|
Intercontinental Exchange Inc.
|
1,409
|
|
|
8,633
|
Raymond James Financial Inc.
|
1,118
|
|
|
15,918
|
Stifel Financial Corp.
|
1,059
|
|
|
|
|
4,531
|
|
CHEMICALS—4.6%
|
|||
|
|
5,863
|
Albemarle Corp.
|
1,208
|
|
|
6,478
|
Eastman Chemical Co.
|
730
|
|
|
4,602
|
Scotts Miracle-Gro Co.
|
815
|
|
|
|
|
2,753
|
|
COMMERCIAL SERVICES & SUPPLIES—4.1%
|
|||
|
|
12,767
|
Republic Services Inc.
|
1,511
|
|
|
12,957
|
Stericycle Inc.*
|
914
|
|
|
|
|
2,425
|
|
CONTAINERS & PACKAGING—2.9%
|
|||
|
|
5,013
|
Packaging Corp. of America
|
710
|
|
|
17,853
|
Sealed Air Corp.
|
1,013
|
|
|
|
|
1,723
|
|
ELECTRICAL EQUIPMENT—1.6%
|
|||
|
|
16,519
|
Sensata Technologies Holding plc (United Kingdom)*
|
968
|
|
ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS—4.3%
|
|||
|
|
8,384
|
Arrow Electronics Inc.*
|
994
|
|
|
9,557
|
Keysight Technologies Inc.*
|
1,573
|
|
|
|
|
2,567
|
|
ENTERTAINMENT—1.8%
|
|||
|
|
12,606
|
Activision Blizzard Inc.
|
1,054
|
|
EQUITY REAL ESTATE INVESTMENT TRUSTS (REITs)—4.6%
|
|||
|
|
22,558
|
Americold Realty Trust
|
876
|
|
|
8,032
|
Boston Properties Inc.
|
943
|
|
|
2,711
|
SBA Communications Corp.
|
925
|
|
|
|
|
2,744
|
|
FOOD & STAPLES RETAILING—1.3%
|
|||
|
|
10,290
|
Sysco Corp.
|
764
|
|
HEALTH CARE EQUIPMENT & SUPPLIES—1.5%
|
|||
|
|
13,734
|
Dentsply Sirona Inc.
|
907
|
|
HEALTH CARE PROVIDERS & SERVICES—2.6%
|
|||
|
|
5,350
|
AmerisourceBergen Corp.
|
654
|
|
|
3,078
|
Laboratory Corp. of America Holdings*
|
911
|
|
|
|
|
1,565
|
|
HOTELS, RESTAURANTS & LEISURE—2.4%
|
|||
|
|
9,952
|
Darden Restaurants Inc.
|
1,452
|
|
HOUSEHOLD DURABLES—2.9%
|
|||
|
|
18,293
|
D.R. Horton Inc.
|
1,746
|
|
COMMON STOCKS—Continued
|
|||
|
Shares
|
|
Value
|
|
|
INSURANCE—4.3%
|
|||
|
|
5,584
|
Reinsurance Group of America Inc.
|
$615
|
|
|
5,575
|
Renaissance Holdings Ltd. (Bermuda)
|
851
|
|
|
11,682
|
The Progressive Corp.
|
1,112
|
|
|
|
|
2,578
|
|
IT SERVICES—5.3%
|
|||
|
|
7,812
|
Akamai Technologies Inc.*
|
937
|
|
|
10,905
|
Black Knight Inc.*
|
903
|
|
|
6,786
|
Global Payments Inc.
|
1,312
|
|
|
|
|
3,152
|
|
LIFE SCIENCES TOOLS & SERVICES—6.3%
|
|||
|
|
8,912
|
Agilent Technologies Inc.
|
1,366
|
|
|
1,949
|
Bio-Rad Laboratories Inc.*
|
1,441
|
|
|
10,216
|
Syneos Health Inc.*
|
916
|
|
|
|
|
3,723
|
|
MACHINERY—6.1%
|
|||
|
|
3,708
|
Cummins Inc.
|
861
|
|
|
5,555
|
Dover Corp.
|
928
|
|
|
4,221
|
Snap-on Inc.
|
920
|
|
|
7,563
|
Woodward Inc.
|
919
|
|
|
|
|
3,628
|
|
MULTILINE RETAIL—1.7%
|
|||
|
|
10,187
|
Dollar Tree Inc.*
|
1,017
|
|
MULTI-UTILITIES—1.4%
|
|||
|
|
8,501
|
WEC Energy Group Inc.
|
800
|
|
OIL, GAS & CONSUMABLE FUELS—3.2%
|
|||
|
|
15,479
|
Cimarex Energy Co.
|
1,009
|
|
|
26,106
|
Continental Resources Inc.
|
892
|
|
|
|
|
1,901
|
|
REAL ESTATE MANAGEMENT & DEVELOPMENT—2.8%
|
|||
|
|
17,457
|
CBRE Group Inc.*
|
1,684
|
|
ROAD & RAIL—1.5%
|
|||
|
|
27,791
|
CSX Corp.
|
898
|
|
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT—8.8%
|
|||
|
|
8,868
|
Applied Materials Inc.
|
1,241
|
|
|
8,076
|
CMC Materials Inc.
|
1,168
|
|
|
9,219
|
Skyworks Solutions Inc.
|
1,701
|
|
|
7,534
|
Xilinx Inc.
|
1,129
|
|
|
|
|
5,239
|
|
SOFTWARE—7.5%
|
|||
|
|
4,104
|
ANSYS Inc.*
|
1,512
|
|
|
21,840
|
CDK Global Inc.
|
1,048
|
|
|
6,698
|
Synopsys Inc.*
|
1,929
|
|
|
|
|
4,489
|
|
SPECIALTY RETAIL—1.0%
|
|||
|
|
8,841
|
TJX Companies Inc.
|
608
|
5
Harbor Mid Cap Fund
Portfolio of Investments—Continued
Portfolio of Investments—Continued
Value, Cost, and Principal Amounts in Thousands
|
COMMON STOCKS—Continued
|
|||
|
Shares
|
|
Value
|
|
|
TRADING COMPANIES & DISTRIBUTORS—2.6%
|
|||
|
|
20,580
|
Air Lease Corp.
|
$872
|
|
|
7,123
|
GATX Corp.
|
657
|
|
|
|
|
1,529
|
|
TOTAL COMMON STOCKS
|
|||
|
(Cost $51,085)
|
59,241
|
||
|
TOTAL INVESTMENTS—99.4%
|
|||
|
(Cost $51,085)
|
59,241
|
||
|
CASH AND OTHER ASSETS, LESS LIABILITIES—0.6%
|
362
|
||
|
TOTAL NET ASSETS—100.0%
|
$59,603
|
||
FAIR VALUE MEASUREMENTS
All investments at July 31, 2021 (as disclosed in the preceding Portfolio of Investments) were classified as Level 1. There
were no Level 3 investments at July 31, 2021 or October 31, 2020.
For more information on valuation inputs and their aggregation into the levels identified above, please refer to the Fair
Value Measurements and Disclosures in Note 2 of the accompanying Notes to Portfolios of Investments.
|
*
|
Non-income producing security
|
The accompanying notes are an integral part of the Portfolios of Investments.
6
Harbor Mid Cap Growth Fund
Portfolio of Investments—July 31, 2021 (Unaudited)
Portfolio of Investments—July 31, 2021 (Unaudited)
Value, Cost, and Principal Amounts in Thousands
|
COMMON STOCKS—98.9%
|
|||
|
Shares
|
|
Value
|
|
|
ACQUISITION COMPANIES—0.1%
|
|||
|
|
53,800
|
BowX Acquisition Corp.*
|
$569
|
|
AUTOMOBILES—1.8%
|
|||
|
|
71,431
|
Thor Industries Inc.
|
8,455
|
|
BEVERAGES—1.1%
|
|||
|
|
7,144
|
Boston Beer Co. Inc.*
|
5,072
|
|
BIOTECHNOLOGY—3.0%
|
|||
|
|
45,395
|
Apellis Pharmaceuticals Inc.*
|
2,905
|
|
|
19,388
|
Ascendis Pharma AS ADR (Denmark)*,1
|
2,292
|
|
|
52,990
|
Exact Sciences Corp.*
|
5,714
|
|
|
35,767
|
Kodiak Sciences Inc.*
|
2,999
|
|
|
|
|
13,910
|
|
BUILDING PRODUCTS—1.1%
|
|||
|
|
68,876
|
Johnson Controls International plc
|
4,919
|
|
CAPITAL MARKETS—3.8%
|
|||
|
|
97,655
|
Ares Management Corp.
|
6,993
|
|
|
123,485
|
Tradeweb Markets Inc.
|
10,710
|
|
|
|
|
17,703
|
|
COMMERCIAL SERVICES & SUPPLIES—1.8%
|
|||
|
|
58,094
|
Copart Inc.*
|
8,540
|
|
COMMUNICATIONS EQUIPMENT—2.8%
|
|||
|
|
34,689
|
Arista Networks Inc.*
|
13,195
|
|
DIVERSIFIED CONSUMER SERVICES—4.0%
|
|||
|
|
142,339
|
2U Inc.*
|
6,178
|
|
|
142,179
|
Chegg Inc.*
|
12,601
|
|
|
|
|
18,779
|
|
ENTERTAINMENT—2.9%
|
|||
|
|
59,952
|
Spotify Technology SA (Sweden)*
|
13,709
|
|
HEALTH CARE EQUIPMENT & SUPPLIES—10.3%
|
|||
|
|
30,217
|
ABIOMED Inc.*
|
9,885
|
|
|
19,699
|
Align Technology Inc.*
|
13,707
|
|
|
32,657
|
Dexcom Inc.*
|
16,835
|
|
|
26,673
|
Insulet Corp.*
|
7,460
|
|
|
|
|
47,887
|
|
HEALTH CARE PROVIDERS & SERVICES—2.0%
|
|||
|
|
151,672
|
Oak Street Health Inc.*
|
9,561
|
|
HEALTH CARE TECHNOLOGY—1.6%
|
|||
|
|
226,556
|
GoodRx Holdings Inc.*
|
7,266
|
|
HOTELS, RESTAURANTS & LEISURE—8.7%
|
|||
|
|
10,198
|
Chipotle Mexican Grill Inc.*
|
19,003
|
|
|
238,962
|
DraftKings Inc.*
|
11,590
|
|
|
60,110
|
Penn National Gaming Inc.*
|
4,110
|
|
|
76,188
|
Planet Fitness Inc.*
|
5,732
|
|
|
|
|
40,435
|
|
HOUSEHOLD DURABLES—2.1%
|
|||
|
|
92,166
|
Lennar Corp.
|
9,691
|
|
INTERACTIVE MEDIA & SERVICES—4.1%
|
|||
|
|
79,954
|
Match Group Inc.*
|
12,734
|
|
|
85,342
|
Snap Inc.*
|
6,351
|
|
|
|
|
19,085
|
|
COMMON STOCKS—Continued
|
|||
|
Shares
|
|
Value
|
|
|
IT SERVICES—3.3%
|
|||
|
|
68,539
|
Leidos Holdings Inc.
|
$7,294
|
|
|
23,031
|
MongoDB Inc.*
|
8,266
|
|
|
|
|
15,560
|
|
LEISURE PRODUCTS—1.5%
|
|||
|
|
52,138
|
Polaris Industries Inc.
|
6,834
|
|
LIFE SCIENCES TOOLS & SERVICES—1.4%
|
|||
|
|
41,453
|
Agilent Technologies Inc.
|
6,352
|
|
MACHINERY—1.6%
|
|||
|
|
38,500
|
Middleby Corp.*
|
7,372
|
|
PHARMACEUTICALS—1.3%
|
|||
|
|
140,459
|
Elanco Animal Health Inc.*
|
5,123
|
|
|
8,407
|
Reata Pharmaceuticals Inc.*
|
1,053
|
|
|
|
|
6,176
|
|
PROFESSIONAL SERVICES—3.3%
|
|||
|
|
175,615
|
CoStar Group Inc.*
|
15,603
|
|
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT—5.7%
|
|||
|
|
124,408
|
Marvell Technology Inc.
|
7,528
|
|
|
34,144
|
MKS Instruments Inc.
|
5,342
|
|
|
27,342
|
SolarEdge Technologies Inc.*
|
7,095
|
|
|
28,954
|
Universal Display Corp.
|
6,789
|
|
|
|
|
26,754
|
|
SOFTWARE—15.7%
|
|||
|
|
26,182
|
Fair Isaac Corp.*
|
13,717
|
|
|
63,922
|
Guidewire Software Inc.*
|
7,364
|
|
|
526,574
|
ironSource Ltd. (Israel)*
|
4,492
|
|
|
511,853
|
MultiPlan Corp.*
|
4,120
|
|
|
36,744
|
Paycom Software Inc.*
|
14,698
|
|
|
42,087
|
RingCentral Inc.*
|
11,248
|
|
|
145,885
|
Varonis Systems Inc.*
|
8,928
|
|
|
37,832
|
Workday Inc.*
|
8,868
|
|
|
|
|
73,435
|
|
SPECIALTY RETAIL—9.4%
|
|||
|
|
57,505
|
Five Below Inc.*
|
11,180
|
|
|
104,962
|
Floor & Decor Holdings Inc.*
|
12,807
|
|
|
138,052
|
Ollie's Bargain Outlet Holdings Inc.*
|
12,853
|
|
|
55,696
|
Ross Stores Inc.
|
6,833
|
|
|
|
|
43,673
|
|
TEXTILES, APPAREL & LUXURY GOODS—4.5%
|
|||
|
|
52,306
|
Lululemon Athletica Inc.*
|
20,931
|
|
TOTAL COMMON STOCKS
|
|||
|
(Cost $370,263)
|
461,466
|
||
|
|
|||
|
EXCHANGE-TRADED FUNDS—0.4%
|
|||
|
(Cost $1,885)
|
|
||
|
CAPITAL MARKETS—0.4%
|
|||
|
|
16,610
|
iShares Russell Mid-Cap Growth ETF
|
1,898
|
|
|
|||
7
Harbor Mid Cap Growth Fund
Portfolio of Investments—Continued
Portfolio of Investments—Continued
Value, Cost, and Principal Amounts in Thousands
|
SHORT-TERM INVESTMENTS—1.9%
|
|||
|
(Cost $8,743)
|
|
||
|
Principal
Amount
|
|
Value
|
|
|
REPURCHASE AGREEMENTS—1.9%
|
|||
|
$
|
8,743
|
Repurchase Agreement with Bank of America dated July
30, 2021 due August 02, 2021 at 0.040% collateralized
by U.S. Treasury Notes (value $8,829)
|
$8,743
|
|
TOTAL INVESTMENTS—101.2%
|
|||
|
(Cost $380,891)
|
472,107
|
||
|
CASH AND OTHER ASSETS, LESS LIABILITIES—(1.2)%
|
(5,572)
|
||
|
TOTAL NET ASSETS—100.0%
|
$466,535
|
||
FAIR VALUE MEASUREMENTS
As of July 31, 2021, the repurchase agreement (as disclosed in the preceding Portfolio of Investments) was classified as Level
2 and all other investments were classified as Level 1. There were no Level 3 investments at July 31, 2021 or October 31, 2020.
For more information on valuation inputs and their aggregation into the levels identified above, please refer to the Fair
Value Measurements and Disclosures in Note 2 of the accompanying Notes to Portfolios of Investments.
|
*
|
Non-income producing security
|
|
1
|
Depositary receipts such as American Depositary Receipts (ADRs), Global Depositary Receipts (GDRs) and other country specific
depositary receipts are certificates
evidencing ownership of shares of a foreign issuer. These certificates are issued by depositary banks and generally trade
on an established market in the U.S. or
elsewhere.
|
The accompanying notes are an integral part of the Portfolios of Investments.
8
Harbor Mid Cap Value Fund
Portfolio of Investments—July 31, 2021 (Unaudited)
Portfolio of Investments—July 31, 2021 (Unaudited)
Value, Cost, and Principal Amounts in Thousands
|
COMMON STOCKS—98.7%
|
|||
|
Shares
|
|
Value
|
|
|
AEROSPACE & DEFENSE—2.2%
|
|||
|
|
9,300
|
Huntington Ingalls Industries Inc.
|
$1,908
|
|
|
14,800
|
L3Harris Technologies Inc.
|
3,356
|
|
|
69,600
|
Textron Inc.
|
4,803
|
|
|
|
|
10,067
|
|
AIR FREIGHT & LOGISTICS—0.9%
|
|||
|
|
58,200
|
Atlas Air Worldwide Holdings Inc.*
|
3,898
|
|
AIRLINES—0.8%
|
|||
|
|
39,500
|
Alaska Air Group Inc.*
|
2,292
|
|
|
31,500
|
United Airlines Holdings Inc.*
|
1,472
|
|
|
|
|
3,764
|
|
AUTO COMPONENTS—1.9%
|
|||
|
|
187,400
|
American Axle & Manufacturing Holdings Inc.*
|
1,816
|
|
|
58,900
|
BorgWarner Inc.
|
2,885
|
|
|
68,900
|
Goodyear Tire & Rubber Co.*
|
1,082
|
|
|
15,400
|
Lear Corp.
|
2,695
|
|
|
|
|
8,478
|
|
AUTOMOBILES—0.6%
|
|||
|
|
70,000
|
Harley-Davidson Inc.
|
2,773
|
|
BANKS—5.2%
|
|||
|
|
140,200
|
Citizens Financial Group Inc.
|
5,911
|
|
|
155,200
|
Fifth Third Bancorp
|
5,632
|
|
|
171,400
|
KeyCorp
|
3,370
|
|
|
209,000
|
Regions Financial Corp.
|
4,023
|
|
|
89,800
|
Zions Bancorporation
|
4,683
|
|
|
|
|
23,619
|
|
BEVERAGES—1.2%
|
|||
|
|
110,500
|
Molson Coors Brewing Co.
|
5,402
|
|
BIOTECHNOLOGY—0.6%
|
|||
|
|
196,000
|
Ironwood Pharmaceuticals Inc.*
|
2,601
|
|
BUILDING PRODUCTS—1.0%
|
|||
|
|
47,400
|
Owens Corning
|
4,558
|
|
CAPITAL MARKETS—1.9%
|
|||
|
|
19,800
|
Ameriprise Financial Inc.
|
5,100
|
|
|
71,900
|
Lazard Ltd. (Bermuda)
|
3,393
|
|
|
|
|
8,493
|
|
CHEMICALS—4.5%
|
|||
|
|
45,000
|
Cabot Corp.
|
2,478
|
|
|
18,100
|
Celanese Corp.
|
2,819
|
|
|
112,122
|
Chemours Co.
|
3,728
|
|
|
38,100
|
Eastman Chemical Co.
|
4,295
|
|
|
114,500
|
Huntsman Corp.
|
3,024
|
|
|
28,000
|
LyondellBasell Industries NV
|
2,781
|
|
|
21,500
|
Trinseo SA (Luxembourg)
|
1,169
|
|
|
|
|
20,294
|
|
CONSUMER FINANCE—3.0%
|
|||
|
|
117,500
|
Ally Financial Inc.
|
6,035
|
|
|
22,700
|
Discover Financial Services
|
2,822
|
|
|
225,200
|
Navient Corp.
|
4,601
|
|
|
|
|
13,458
|
|
CONTAINERS & PACKAGING—3.5%
|
|||
|
|
35,800
|
Berry Global Group Inc.*
|
2,301
|
|
|
84,000
|
Graphic Packaging Holding Co.
|
1,610
|
|
COMMON STOCKS—Continued
|
|||
|
Shares
|
|
Value
|
|
|
CONTAINERS & PACKAGING—Continued
|
|||
|
|
61,100
|
Greif Inc.
|
$3,704
|
|
|
158,830
|
O-I Glass Inc.*
|
2,349
|
|
|
55,200
|
Silgan Holdings Inc.
|
2,237
|
|
|
72,300
|
WestRock Co.
|
3,558
|
|
|
|
|
15,759
|
|
DIVERSIFIED CONSUMER SERVICES—0.5%
|
|||
|
|
87,800
|
H&R Block Inc.
|
2,155
|
|
DIVERSIFIED FINANCIAL SERVICES—0.6%
|
|||
|
|
79,987
|
Banco Latinoamericano de Comercio Exterior SA
(Panama)
|
1,318
|
|
|
24,300
|
Voya Financial Inc.
|
1,565
|
|
|
|
|
2,883
|
|
ELECTRIC UTILITIES—1.3%
|
|||
|
|
24,500
|
Edison International
|
1,335
|
|
|
52,700
|
NRG Energy Inc.
|
2,174
|
|
|
90,200
|
PPL Corp.
|
2,559
|
|
|
|
|
6,068
|
|
ELECTRICAL EQUIPMENT—0.5%
|
|||
|
|
31,200
|
Atkore Inc.*
|
2,343
|
|
ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS—3.4%
|
|||
|
|
33,000
|
Arrow Electronics Inc.*
|
3,913
|
|
|
48,100
|
Avnet Inc.
|
1,987
|
|
|
61,800
|
Methode Electronics Inc.
|
2,956
|
|
|
40,600
|
Sanmina Corp.*
|
1,560
|
|
|
13,988
|
SYNNEX Corp.
|
1,672
|
|
|
125,800
|
TTM Technologies Inc.*
|
1,760
|
|
|
69,800
|
Vishay Intertechnology Inc.
|
1,545
|
|
|
|
|
15,393
|
|
EQUITY REAL ESTATE INVESTMENT TRUSTS (REITs)—7.8%
|
|||
|
|
138,000
|
Brandywine Realty Trust
|
1,927
|
|
|
121,600
|
Brixmor Property Group Inc.
|
2,799
|
|
|
429,000
|
Franklin Street Properties Corp.
|
2,239
|
|
|
40,900
|
Gaming and Leisure Properties Inc.
|
1,936
|
|
|
160,589
|
Hersha Hospitality Trust*
|
1,511
|
|
|
88,234
|
Industrial Logistics Properties Trust
|
2,391
|
|
|
55,600
|
Iron Mountain Inc.
|
2,433
|
|
|
114,400
|
Medical Properties Trust Inc.
|
2,406
|
|
|
52,750
|
Office Properties Income Trust
|
1,529
|
|
|
86,200
|
Omega Healthcare Investors Inc.
|
3,127
|
|
|
139,000
|
Paramount Group Inc.
|
1,357
|
|
|
138,248
|
Piedmont Office Realty Trust Inc.
|
2,630
|
|
|
63,300
|
Plymouth Industrial REIT Inc.
|
1,461
|
|
|
32,452
|
Retail Value Inc.
|
793
|
|
|
138,200
|
Sabra Health Care REIT Inc.
|
2,569
|
|
|
124,400
|
Service Properties Trust
|
1,385
|
|
|
95,800
|
SITE Centers Corp.
|
1,519
|
|
|
5,900
|
Summit Hotel Properties Inc.*
|
53
|
|
|
82,900
|
Tanger Factory Outlet Centers Inc.
|
1,423
|
|
|
|
|
35,488
|
|
FOOD & STAPLES RETAILING—2.6%
|
|||
|
|
51,800
|
Ingles Markets Inc.
|
3,096
|
|
|
166,300
|
Kroger Co.
|
6,768
|
|
|
80,000
|
Sprouts Farmers Market Inc.*
|
1,966
|
|
|
|
|
11,830
|
9
Harbor Mid Cap Value Fund
Portfolio of Investments—Continued
Portfolio of Investments—Continued
Value, Cost, and Principal Amounts in Thousands
|
COMMON STOCKS—Continued
|
|||
|
Shares
|
|
Value
|
|
|
FOOD PRODUCTS—3.1%
|
|||
|
|
71,900
|
Conagra Brands Inc.
|
$2,408
|
|
|
32,200
|
Ingredion Inc.
|
2,827
|
|
|
32,100
|
JM Smucker Co.
|
4,209
|
|
|
68,100
|
Tyson Foods Inc.
|
4,866
|
|
|
|
|
14,310
|
|
GAS UTILITIES—0.6%
|
|||
|
|
55,800
|
National Fuel Gas Co.
|
2,870
|
|
HEALTH CARE PROVIDERS & SERVICES—4.6%
|
|||
|
|
59,300
|
Cardinal Health Inc.
|
3,521
|
|
|
35,100
|
DaVita Inc.*
|
4,221
|
|
|
12,300
|
HCA Healthcare Inc.
|
3,053
|
|
|
6,400
|
Laboratory Corp. of America Holdings*
|
1,895
|
|
|
24,700
|
McKesson Corp.
|
5,035
|
|
|
19,000
|
Universal Health Services Inc.
|
3,048
|
|
|
|
|
20,773
|
|
HOTELS, RESTAURANTS & LEISURE—0.3%
|
|||
|
|
30,500
|
Travel + Leisure Co.
|
1,580
|
|
HOUSEHOLD DURABLES—4.3%
|
|||
|
|
101,478
|
Ethan Allen Interiors Inc.
|
2,412
|
|
|
26,100
|
Meritage Homes Corp.*
|
2,834
|
|
|
68,100
|
PulteGroup Inc.
|
3,737
|
|
|
72,600
|
Toll Brothers Inc.
|
4,303
|
|
|
27,300
|
Whirlpool Corp.
|
6,048
|
|
|
|
|
19,334
|
|
INDEPENDENT POWER AND RENEWABLE ELECTRICITY PRODUCERS—1.3%
|
|||
|
|
314,400
|
Vistra Energy Corp.
|
6,021
|
|
INSURANCE—7.1%
|
|||
|
|
55,600
|
Aflac Inc.
|
3,058
|
|
|
43,800
|
Allstate Corp.
|
5,696
|
|
|
23,200
|
American Financial Group Inc.
|
2,935
|
|
|
13,700
|
Hanover Insurance Group Inc.
|
1,862
|
|
|
85,700
|
Hartford Financial Services Group Inc.
|
5,452
|
|
|
57,600
|
Lincoln National Corp.
|
3,549
|
|
|
129,100
|
Old Republic International Corp.
|
3,184
|
|
|
58,400
|
Principal Financial Group Inc.
|
3,628
|
|
|
75,200
|
Universal Insurance Holdings Inc.
|
1,065
|
|
|
64,400
|
Unum Group
|
1,765
|
|
|
|
|
32,194
|
|
INTERNET & DIRECT MARKETING RETAIL—1.2%
|
|||
|
|
77,700
|
eBay Inc.
|
5,300
|
|
IT SERVICES—1.8%
|
|||
|
|
13,988
|
Concentrix Corp.*
|
2,290
|
|
|
79,600
|
DXC Technology Co.*
|
3,182
|
|
|
117,600
|
Western Union Co.
|
2,730
|
|
|
|
|
8,202
|
|
LEISURE PRODUCTS—0.8%
|
|||
|
|
23,300
|
Brunswick Corp.
|
2,432
|
|
|
17,894
|
Sturm Ruger & Co. Inc.
|
1,331
|
|
|
|
|
3,763
|
|
MACHINERY—6.7%
|
|||
|
|
38,800
|
AGCO Corp.
|
5,126
|
|
|
100,600
|
Allison Transmission Holdings Inc.
|
4,015
|
|
|
17,600
|
Cummins Inc.
|
4,085
|
|
COMMON STOCKS—Continued
|
|||
|
Shares
|
|
Value
|
|
|
MACHINERY—Continued
|
|||
|
|
135,300
|
Meritor Inc.*
|
$3,292
|
|
|
31,900
|
Oshkosh Corp.
|
3,814
|
|
|
20,600
|
Snap-on Inc.
|
4,490
|
|
|
55,500
|
Timken Co.
|
4,412
|
|
|
89,100
|
Wabash National Corp.
|
1,304
|
|
|
|
|
30,538
|
|
MEDIA—2.3%
|
|||
|
|
82,500
|
AMC Networks Inc.*
|
4,128
|
|
|
18,100
|
Nexstar Media Group Inc.
|
2,662
|
|
|
144,100
|
TEGNA Inc.
|
2,554
|
|
|
32,300
|
ViacomCBS Inc.
|
1,322
|
|
|
|
|
10,666
|
|
METALS & MINING—1.2%
|
|||
|
|
35,800
|
Reliance Steel & Aluminum Co.
|
5,626
|
|
MORTGAGE REAL ESTATE INVESTMENT TRUSTS (REITs)—1.0%
|
|||
|
|
166,600
|
Annaly Capital Management Inc.
|
1,414
|
|
|
298,300
|
MFA Financial Inc.
|
1,393
|
|
|
93,400
|
PennyMac Mortgage Investment Trust
|
1,842
|
|
|
|
|
4,649
|
|
MULTILINE RETAIL—1.0%
|
|||
|
|
48,600
|
Big Lots Inc.
|
2,800
|
|
|
99,500
|
Macy's Inc.*
|
1,691
|
|
|
|
|
4,491
|
|
MULTI-UTILITIES—0.6%
|
|||
|
|
93,150
|
MDU Resources Group Inc.
|
2,955
|
|
OIL, GAS & CONSUMABLE FUELS—1.9%
|
|||
|
|
93,200
|
Devon Energy Corp.
|
2,408
|
|
|
65,800
|
HollyFrontier Corp.
|
1,935
|
|
|
34,700
|
Marathon Petroleum Corp.
|
1,916
|
|
|
32,800
|
Valero Energy Corp.
|
2,197
|
|
|
|
|
8,456
|
|
PHARMACEUTICALS—2.2%
|
|||
|
|
36,100
|
Jazz Pharmaceuticals plc (Ireland)*
|
6,120
|
|
|
110,150
|
Lannett Co. Inc.*
|
511
|
|
|
36,200
|
Prestige Consumer Healthcare Inc.*
|
1,902
|
|
|
93,493
|
Viatris Inc.
|
1,316
|
|
|
|
|
9,849
|
|
PROFESSIONAL SERVICES—0.7%
|
|||
|
|
27,500
|
ManpowerGroup Inc.
|
3,261
|
|
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT—1.7%
|
|||
|
|
137,800
|
Amkor Technology Inc.
|
3,395
|
|
|
16,000
|
Diodes Inc.*
|
1,312
|
|
|
15,500
|
Qorvo Inc.*
|
2,939
|
|
|
|
|
7,646
|
|
SOFTWARE—0.8%
|
|||
|
|
24,300
|
J2 Global Inc.*
|
3,433
|
|
SPECIALTY RETAIL—4.3%
|
|||
|
|
31,000
|
Best Buy Co. Inc.
|
3,483
|
|
|
29,600
|
Dick's Sporting Goods Inc.
|
3,083
|
|
|
81,800
|
Foot Locker Inc.
|
4,667
|
|
|
18,600
|
Group 1 Automotive Inc.
|
3,232
|
10
Harbor Mid Cap Value Fund
Portfolio of Investments—Continued
Portfolio of Investments—Continued
Value, Cost, and Principal Amounts in Thousands
|
COMMON STOCKS—Continued
|
|||
|
Shares
|
|
Value
|
|
|
SPECIALTY RETAIL—Continued
|
|||
|
|
36,200
|
ODP Corp.*
|
$1,713
|
|
|
36,800
|
Penske Automotive Group Inc.
|
3,260
|
|
|
|
|
19,438
|
|
TECHNOLOGY HARDWARE, STORAGE & PERIPHERALS—3.3%
|
|||
|
|
242,314
|
HP Inc.
|
6,996
|
|
|
66,400
|
Seagate Technology Holdings plc (Ireland)
|
5,836
|
|
|
93,900
|
Xerox Holdings Corp.
|
2,266
|
|
|
|
|
15,098
|
|
TEXTILES, APPAREL & LUXURY GOODS—0.2%
|
|||
|
|
17,700
|
Capri Holdings Ltd. (Virgin Islands)*
|
997
|
|
THRIFTS & MORTGAGE FINANCE—0.9%
|
|||
|
|
132,900
|
MGIC Investment Corp.
|
1,839
|
|
|
107,200
|
Radian Group Inc.
|
2,421
|
|
|
|
|
4,260
|
|
COMMON STOCKS—Continued
|
|||
|
Shares
|
|
Value
|
|
|
TRADING COMPANIES & DISTRIBUTORS—0.8%
|
|||
|
|
65,642
|
Triton International Ltd. (Bermuda)
|
$3,465
|
|
TOTAL COMMON STOCKS
|
|||
|
(Cost $363,081)
|
448,499
|
||
|
TOTAL INVESTMENTS—98.7%
|
|||
|
(Cost $363,081)
|
448,499
|
||
|
CASH AND OTHER ASSETS, LESS LIABILITIES—1.3%
|
6,009
|
||
|
TOTAL NET ASSETS—100.0%
|
$454,508
|
||
FAIR VALUE MEASUREMENTS
All investments at July 31, 2021 (as disclosed in the preceding Portfolio of Investments) were classified as Level 1. There
were no Level 3 investments at July 31, 2021 or October 31, 2020.
For more information on valuation inputs and their aggregation into the levels identified above, please refer to the Fair
Value Measurements and Disclosures in Note 2 of the accompanying Notes to Portfolios of Investments.
|
*
|
Non-income producing security
|
The accompanying notes are an integral part of the Portfolios of Investments.
11
Harbor Small Cap Growth Fund
Portfolio of Investments—July 31, 2021 (Unaudited)
Portfolio of Investments—July 31, 2021 (Unaudited)
Value, Cost, and Principal Amounts in Thousands
|
COMMON STOCKS—95.1%
|
|||
|
Shares
|
|
Value
|
|
|
AEROSPACE & DEFENSE—1.7%
|
|||
|
|
348,906
|
Hexcel Corp.*
|
$18,987
|
|
AUTO COMPONENTS—0.7%
|
|||
|
|
364,480
|
Mister Car Wash Inc.*
|
7,596
|
|
BANKS—2.1%
|
|||
|
|
30,788
|
First Citizens Bancshares Inc.
|
24,094
|
|
BIOTECHNOLOGY—15.5%
|
|||
|
|
194,706
|
Acceleron Pharma Inc.*
|
24,350
|
|
|
143,840
|
Ascendis Pharma AS ADR (Denmark)*,1
|
17,000
|
|
|
238,836
|
Blueprint Medicines Corp.*
|
20,986
|
|
|
221,960
|
Bridgebio Pharma Inc.*
|
11,864
|
|
|
146,414
|
Fate Therapeutics Inc.*
|
12,123
|
|
|
504,150
|
Invitae Corp.*
|
14,111
|
|
|
1,520,929
|
Ironwood Pharmaceuticals Inc.*
|
20,183
|
|
|
547,236
|
Mersana Therapeutics Inc.*
|
6,020
|
|
|
230,008
|
Nkarta Inc.*
|
7,305
|
|
|
37,380
|
Novavax Inc.*
|
6,703
|
|
|
334,363
|
Rocket Pharmaceuticals Inc.*
|
11,977
|
|
|
328,138
|
Turning Point Therapeutics Inc.*
|
20,942
|
|
|
|
|
173,564
|
|
BUILDING PRODUCTS—4.2%
|
|||
|
|
245,585
|
Advanced Drainage Systems Inc.
|
29,984
|
|
|
173,410
|
Trex Co. Inc.*
|
16,838
|
|
|
|
|
46,822
|
|
CHEMICALS—1.4%
|
|||
|
|
315,680
|
Avient Corp.
|
15,317
|
|
COMMERCIAL SERVICES & SUPPLIES—1.0%
|
|||
|
|
66,460
|
MSA Safety Inc.
|
10,931
|
|
CONTAINERS & PACKAGING—2.5%
|
|||
|
|
218,580
|
Berry Global Group Inc.*
|
14,052
|
|
|
554,509
|
Ranpak Holdings Corp.*
|
14,207
|
|
|
|
|
28,259
|
|
DIVERSIFIED CONSUMER SERVICES—0.8%
|
|||
|
|
207,680
|
2U Inc.*
|
9,013
|
|
ELECTRICAL EQUIPMENT—2.4%
|
|||
|
|
352,540
|
Atkore Inc.*
|
26,479
|
|
ENTERTAINMENT—1.8%
|
|||
|
|
1,968,300
|
Zynga Inc.*
|
19,880
|
|
EQUITY REAL ESTATE INVESTMENT TRUSTS (REITs)—5.1%
|
|||
|
|
495,320
|
American Assets Trust Inc.
|
18,292
|
|
|
107,480
|
PS Business Parks Inc.
|
16,517
|
|
|
440,800
|
Spirit Realty Capital Inc.
|
22,137
|
|
|
|
|
56,946
|
|
HEALTH CARE EQUIPMENT & SUPPLIES—3.4%
|
|||
|
|
301,400
|
Haemonetics Corp.*
|
18,322
|
|
|
186,910
|
Tandem Diabetes Care Inc.*
|
20,312
|
|
|
|
|
38,634
|
|
HEALTH CARE PROVIDERS & SERVICES—3.5%
|
|||
|
|
80,994
|
Amedisys Inc.*
|
21,109
|
|
|
902,480
|
Option Care Health Inc.*
|
18,699
|
|
|
|
|
39,808
|
|
COMMON STOCKS—Continued
|
|||
|
Shares
|
|
Value
|
|
|
HOTELS, RESTAURANTS & LEISURE—4.1%
|
|||
|
|
332,290
|
Cheesecake Factory Inc.*
|
$15,039
|
|
|
100,730
|
Churchill Downs Inc.
|
18,716
|
|
|
1,868,091
|
Playa Hotels & Resorts NV (Netherlands)*
|
12,498
|
|
|
|
|
46,253
|
|
HOUSEHOLD DURABLES—1.7%
|
|||
|
|
92,420
|
Topbuild Corp.*
|
18,733
|
|
INSURANCE—3.4%
|
|||
|
|
487,535
|
BRP Group Inc.*
|
13,290
|
|
|
138,105
|
Palomar Holdings Inc.*
|
11,246
|
|
|
93,972
|
Primerica Inc.
|
13,741
|
|
|
|
|
38,277
|
|
IT SERVICES—4.6%
|
|||
|
|
206,640
|
Shift4 Payments Inc.*
|
18,430
|
|
|
95,272
|
WEX Inc.*
|
18,076
|
|
|
179,128
|
WNS Holdings Ltd. ADR (India)*,1
|
14,750
|
|
|
|
|
51,256
|
|
LEISURE PRODUCTS—1.3%
|
|||
|
|
180,163
|
BRP Inc. (Canada)
|
15,089
|
|
LIFE SCIENCES TOOLS & SERVICES—3.4%
|
|||
|
|
33,490
|
Bio-Rad Laboratories Inc.*
|
24,766
|
|
|
404,462
|
Pacific Biosciences of California Inc.*
|
13,004
|
|
|
|
|
37,770
|
|
MACHINERY—5.6%
|
|||
|
|
216,504
|
ITT Inc.
|
21,198
|
|
|
142,260
|
Lincoln Electric Holdings Inc.
|
19,835
|
|
|
272,063
|
Timken Co.
|
21,629
|
|
|
|
|
62,662
|
|
OIL, GAS & CONSUMABLE FUELS—1.0%
|
|||
|
|
294,390
|
PDC Energy Inc.
|
11,643
|
|
PHARMACEUTICALS—3.8%
|
|||
|
|
1,475,740
|
Innoviva Inc.*
|
20,926
|
|
|
365,521
|
Pacira BioSciences Inc.*
|
21,547
|
|
|
|
|
42,473
|
|
PROFESSIONAL SERVICES—0.5%
|
|||
|
|
99,170
|
Upwork Inc.*
|
5,136
|
|
ROAD & RAIL—2.0%
|
|||
|
|
101,240
|
Saia Inc.*
|
22,880
|
|
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT—6.3%
|
|||
|
|
64,324
|
Advanced Energy Industries Inc.
|
6,674
|
|
|
88,170
|
MKS Instruments Inc.
|
13,793
|
|
|
360,847
|
Silicon Motion Technology Corp. ADR (Taiwan)1
|
27,060
|
|
|
269,462
|
SMART Global Holdings Inc.*
|
12,621
|
|
|
70,608
|
Synaptics Inc.*
|
10,727
|
|
|
|
|
70,875
|
|
SOFTWARE—5.4%
|
|||
|
|
105,400
|
Blackline Inc.*
|
12,057
|
|
|
561,260
|
Cognyte Software Ltd. (Israel)*
|
14,576
|
|
|
327,094
|
Mimecast Ltd. (Jersey)*
|
18,170
|
|
|
211,840
|
Smartsheet Inc.*
|
15,369
|
|
|
|
|
60,172
|
12
Harbor Small Cap Growth Fund
Portfolio of Investments—Continued
Portfolio of Investments—Continued
Value, Cost, and Principal Amounts in Thousands
|
COMMON STOCKS—Continued
|
|||
|
Shares
|
|
Value
|
|
|
SPECIALTY RETAIL—3.9%
|
|||
|
|
90,860
|
Five Below Inc.*
|
$17,665
|
|
|
479,225
|
National Vision Holdings Inc.*
|
25,868
|
|
|
|
|
43,533
|
|
TECHNOLOGY HARDWARE, STORAGE & PERIPHERALS—2.0%
|
|||
|
|
227,415
|
NCR Corp.*
|
10,097
|
|
|
647,443
|
Pure Storage Inc.*
|
12,638
|
|
|
|
|
22,735
|
|
TOTAL COMMON STOCKS
|
|||
|
(Cost $819,863)
|
1,065,817
|
||
|
TOTAL INVESTMENTS—95.1%
|
|||
|
(Cost $819,863)
|
1,065,817
|
||
|
CASH AND OTHER ASSETS, LESS LIABILITIES—4.9%
|
55,046
|
||
|
TOTAL NET ASSETS—100.0%
|
$1,120,863
|
||
FAIR VALUE MEASUREMENTS
All investments at July 31, 2021 (as disclosed in the preceding Portfolio of Investments) were classified as Level 1. There
were no Level 3 investments at July 31, 2021 or October 31, 2020.
For more information on valuation inputs and their aggregation into the levels identified above, please refer to the Fair
Value Measurements and Disclosures in Note 2 of the accompanying Notes to Portfolios of Investments.
|
*
|
Non-income producing security
|
|
1
|
Depositary receipts such as American Depositary Receipts (ADRs), Global Depositary Receipts (GDRs) and other country specific
depositary receipts are certificates
evidencing ownership of shares of a foreign issuer. These certificates are issued by depositary banks and generally trade
on an established market in the U.S. or
elsewhere.
|
The accompanying notes are an integral part of the Portfolios of Investments.
13
Harbor Small Cap Value Fund
Portfolio of Investments—July 31, 2021 (Unaudited)
Portfolio of Investments—July 31, 2021 (Unaudited)
Value, Cost, and Principal Amounts in Thousands
|
COMMON STOCKS—98.6%
|
|||
|
Shares
|
|
Value
|
|
|
AEROSPACE & DEFENSE—7.3%
|
|||
|
|
993,387
|
Hexcel Corp.*
|
$54,060
|
|
|
305,676
|
Moog Inc.
|
23,803
|
|
|
1,030,216
|
Parsons Corp.*
|
39,787
|
|
|
176,379
|
Teledyne Technologies Inc.*
|
79,859
|
|
|
|
|
197,509
|
|
BANKS—7.8%
|
|||
|
|
851,679
|
Enterprise Financial Services Corp.
|
37,959
|
|
|
995,733
|
First Merchants Corp.
|
40,556
|
|
|
831,300
|
Heartland Financial USA Inc.
|
37,924
|
|
|
464,552
|
South State Corp.
|
31,980
|
|
|
840,435
|
Trustmark Corp.
|
25,230
|
|
|
1,053,872
|
United Bankshares Inc.
|
36,401
|
|
|
|
|
210,050
|
|
BIOTECHNOLOGY—3.3%
|
|||
|
|
667,016
|
Emergent BioSolutions Inc.*
|
43,956
|
|
|
1,413,843
|
Myriad Genetics Inc.*
|
44,720
|
|
|
|
|
88,676
|
|
CAPITAL MARKETS—6.2%
|
|||
|
|
856,597
|
Houlihan Lokey Inc.
|
76,323
|
|
|
380,866
|
Raymond James Financial Inc.
|
49,314
|
|
|
630,326
|
Stifel Financial Corp.
|
41,942
|
|
|
|
|
167,579
|
|
CHEMICALS—3.9%
|
|||
|
|
730,111
|
Cabot Corp.
|
40,200
|
|
|
364,001
|
Scotts Miracle-Gro Co.
|
64,414
|
|
|
|
|
104,614
|
|
COMMERCIAL SERVICES & SUPPLIES—4.1%
|
|||
|
|
1,098,328
|
Casella Waste Systems Inc.*
|
75,543
|
|
|
2,522,712
|
Steelcase Inc.
|
34,687
|
|
|
|
|
110,230
|
|
CONSUMER FINANCE—2.0%
|
|||
|
|
690,918
|
FirstCash Inc.
|
54,721
|
|
ELECTRICAL EQUIPMENT—2.0%
|
|||
|
|
540,380
|
EnerSys
|
53,314
|
|
ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS—5.3%
|
|||
|
|
208,000
|
Littelfuse Inc.
|
55,326
|
|
|
480,650
|
Plexus Corp.*
|
43,412
|
|
|
1,144,707
|
Sanmina Corp.*
|
43,980
|
|
|
|
|
142,718
|
|
ENERGY EQUIPMENT & SERVICES—1.3%
|
|||
|
|
402,650
|
Core Laboratories NV (Netherlands)
|
13,432
|
|
|
466,596
|
DMC Global Inc.*
|
20,423
|
|
|
|
|
33,855
|
|
EQUITY REAL ESTATE INVESTMENT TRUSTS (REITs)—4.9%
|
|||
|
|
1,389,248
|
Corporate Office Properties Trust
|
40,900
|
|
|
1,824,223
|
Pebblebrook Hotel Trust
|
41,027
|
|
|
1,245,896
|
STAG Industrial Inc.
|
51,480
|
|
|
|
|
133,407
|
|
FOOD PRODUCTS—3.1%
|
|||
|
|
1,210,673
|
Darling Ingredients Inc.*
|
83,621
|
|
COMMON STOCKS—Continued
|
|||
|
Shares
|
|
Value
|
|
|
HEALTH CARE EQUIPMENT & SUPPLIES—3.5%
|
|||
|
|
490,488
|
CONMED Corp.
|
$67,658
|
|
|
1,289,464
|
Meridian Bioscience Inc.*
|
26,434
|
|
|
|
|
94,092
|
|
HEALTH CARE PROVIDERS & SERVICES—5.0%
|
|||
|
|
2,387,090
|
MEDNAX Inc.*
|
69,512
|
|
|
241,730
|
Molina Healthcare Inc.*
|
65,995
|
|
|
|
|
135,507
|
|
HOTELS, RESTAURANTS & LEISURE—1.7%
|
|||
|
|
338,001
|
Cracker Barrel Old Country Store Inc.
|
46,029
|
|
HOUSEHOLD DURABLES—1.8%
|
|||
|
|
446,217
|
Meritage Homes Corp.*
|
48,450
|
|
INSURANCE—2.7%
|
|||
|
|
662,651
|
Horace Mann Educators Corp.
|
26,380
|
|
|
290,920
|
Reinsurance Group of America Inc.
|
32,054
|
|
|
557,245
|
United Fire Group Inc.
|
13,886
|
|
|
|
|
72,320
|
|
IT SERVICES—3.9%
|
|||
|
|
567,083
|
ManTech International Corp.
|
49,597
|
|
|
4,617,477
|
Sabre Corp.*
|
54,440
|
|
|
|
|
104,037
|
|
MACHINERY—8.4%
|
|||
|
|
558,650
|
Albany International Corp.
|
48,239
|
|
|
880,489
|
Altra Industrial Motion Corp.
|
55,189
|
|
|
817,246
|
Franklin Electric Co. Inc.
|
66,818
|
|
|
719,570
|
Timken Co.
|
57,206
|
|
|
|
|
227,452
|
|
OIL, GAS & CONSUMABLE FUELS—0.8%
|
|||
|
|
2,588,064
|
Archrock Inc.
|
22,283
|
|
PHARMACEUTICALS—3.8%
|
|||
|
|
862,219
|
Catalent Inc.*
|
103,302
|
|
ROAD & RAIL—1.5%
|
|||
|
|
537,569
|
Ryder System Inc.
|
40,936
|
|
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT—11.2%
|
|||
|
|
441,299
|
Advanced Energy Industries Inc.
|
45,785
|
|
|
422,325
|
CMC Materials Inc.
|
61,085
|
|
|
592,380
|
Entegris Inc.
|
71,465
|
|
|
1,800,331
|
FormFactor Inc.*
|
67,080
|
|
|
128,595
|
Monolithic Power Systems Inc.
|
57,773
|
|
|
|
|
303,188
|
|
TEXTILES, APPAREL & LUXURY GOODS—1.5%
|
|||
|
|
1,248,707
|
Wolverine World Wide Inc.
|
41,882
|
|
TRADING COMPANIES & DISTRIBUTORS—1.6%
|
|||
|
|
456,055
|
GATX Corp.
|
42,071
|
|
TOTAL COMMON STOCKS
|
|||
|
(Cost $1,710,552)
|
2,661,843
|
||
|
TOTAL INVESTMENTS—98.6%
|
|||
|
(Cost $1,710,552)
|
2,661,843
|
||
|
CASH AND OTHER ASSETS, LESS LIABILITIES—1.4%
|
37,972
|
||
|
TOTAL NET ASSETS—100.0%
|
$2,699,815
|
||
14
Harbor Small Cap Value Fund
Portfolio of Investments—Continued
Portfolio of Investments—Continued
FAIR VALUE MEASUREMENTS
All investments at July 31, 2021 (as disclosed in the preceding Portfolio of Investments) were classified as Level 1. There
were no Level 3 investments at July 31, 2021 or October 31, 2020.
For more information on valuation inputs and their aggregation into the levels identified above, please refer to the Fair
Value Measurements and Disclosures in Note 2 of the accompanying Notes to Portfolios of Investments.
|
*
|
Non-income producing security
|
The accompanying notes are an integral part of the Portfolios of Investments.
15
Harbor Strategic Growth Fund
Portfolio of Investments—July 31, 2021 (Unaudited)
Portfolio of Investments—July 31, 2021 (Unaudited)
Value, Cost, and Principal Amounts in Thousands
|
COMMON STOCKS—95.1%
|
|||
|
Shares
|
|
Value
|
|
|
AEROSPACE & DEFENSE—1.3%
|
|||
|
|
2,413
|
TransDigm Group Inc.*
|
$1,547
|
|
BANKS—6.1%
|
|||
|
|
27,706
|
First Republic Bank
|
5,403
|
|
|
31,246
|
U.S. Bancorp.
|
1,736
|
|
|
|
|
7,139
|
|
BEVERAGES—1.7%
|
|||
|
|
12,468
|
PepsiCo Inc.
|
1,957
|
|
CAPITAL MARKETS—6.1%
|
|||
|
|
49,180
|
Charles Schwab Corp.
|
3,342
|
|
|
10,215
|
Moody's Corp.
|
3,841
|
|
|
|
|
7,183
|
|
CHEMICALS—6.2%
|
|||
|
|
12,627
|
Air Products & Chemicals Inc.
|
3,675
|
|
|
6,667
|
Ecolab Inc.
|
1,472
|
|
|
7,011
|
Linde plc (Ireland)
|
2,155
|
|
|
|
|
7,302
|
|
DIVERSIFIED FINANCIAL SERVICES—4.5%
|
|||
|
|
19,142
|
Berkshire Hathaway Inc. Class B*
|
5,327
|
|
ELECTRICAL EQUIPMENT—2.6%
|
|||
|
|
28,830
|
Amphenol Corp.
|
2,090
|
|
|
29,313
|
Vontier Corp.
|
948
|
|
|
|
|
3,038
|
|
ENTERTAINMENT—1.9%
|
|||
|
|
4,412
|
Netflix Inc.*
|
2,283
|
|
EQUITY REAL ESTATE INVESTMENT TRUSTS (REITs)—3.4%
|
|||
|
|
14,278
|
American Tower Corp.
|
4,038
|
|
HEALTH CARE EQUIPMENT & SUPPLIES—1.3%
|
|||
|
|
4,000
|
Teleflex Inc.
|
1,590
|
|
HOTELS, RESTAURANTS & LEISURE—1.2%
|
|||
|
|
11,304
|
Starbucks Corp.
|
1,373
|
|
INDUSTRIAL CONGLOMERATES—5.2%
|
|||
|
|
16,579
|
Honeywell International Inc.
|
3,876
|
|
|
4,637
|
Roper Technologies Inc.
|
2,278
|
|
|
|
|
6,154
|
|
INSURANCE—3.3%
|
|||
|
|
3,196
|
Markel Corp.*
|
3,855
|
|
INTERACTIVE MEDIA & SERVICES—7.1%
|
|||
|
|
1,886
|
Alphabet Inc. Class C*
|
5,101
|
|
|
9,218
|
Facebook Inc.*
|
3,284
|
|
|
|
|
8,385
|
|
INTERNET & DIRECT MARKETING RETAIL—4.1%
|
|||
|
|
1,437
|
Amazon.com Inc.*
|
4,782
|
|
IT SERVICES—3.0%
|
|||
|
|
14,249
|
Visa Inc.
|
3,511
|
|
LIFE SCIENCES TOOLS & SERVICES—2.5%
|
|||
|
|
1,986
|
Mettler-Toledo International Inc.*
|
2,927
|
|
MACHINERY—1.9%
|
|||
|
|
31,433
|
Fortive Corp.
|
2,284
|
|
COMMON STOCKS—Continued
|
|||
|
Shares
|
|
Value
|
|
|
PERSONAL PRODUCTS—1.8%
|
|||
|
|
36,251
|
Unilever plc ADR (United Kingdom)1
|
$2,085
|
|
PHARMACEUTICALS—3.2%
|
|||
|
|
21,757
|
Johnson & Johnson
|
3,746
|
|
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT—3.0%
|
|||
|
|
24,899
|
Microchip Technology Inc.
|
3,563
|
|
SOFTWARE—16.1%
|
|||
|
|
7,415
|
Adobe Inc.*
|
4,609
|
|
|
9,957
|
Intuit Inc.
|
5,277
|
|
|
15,238
|
Microsoft Corp.
|
4,342
|
|
|
10,074
|
salesforce.com Inc.*
|
2,437
|
|
|
16,524
|
SAP SE ADR (Germany)1
|
2,375
|
|
|
|
|
19,040
|
|
TECHNOLOGY HARDWARE, STORAGE & PERIPHERALS—4.8%
|
|||
|
|
38,935
|
Apple Inc.
|
5,679
|
|
TEXTILES, APPAREL & LUXURY GOODS—2.8%
|
|||
|
|
19,552
|
NIKE Inc.
|
3,275
|
|
TOTAL COMMON STOCKS
|
|||
|
(Cost $56,592)
|
112,063
|
||
|
TOTAL INVESTMENTS—95.1%
|
|||
|
(Cost $56,592)
|
112,063
|
||
|
CASH AND OTHER ASSETS, LESS LIABILITIES—4.9%
|
5,792
|
||
|
TOTAL NET ASSETS—100.0%
|
$117,855
|
||
16
Harbor Strategic Growth Fund
Portfolio of Investments—Continued
Portfolio of Investments—Continued
FAIR VALUE MEASUREMENTS
All investments at July 31, 2021 (as disclosed in the preceding Portfolio of Investments) were classified as Level 1. There
were no Level 3 investments at July 31, 2021 or October 31, 2020.
For more information on valuation inputs and their aggregation into the levels identified above, please refer to the Fair
Value Measurements and Disclosures in Note 2 of the accompanying Notes to Portfolios of Investments.
|
*
|
Non-income producing security
|
|
1
|
Depositary receipts such as American Depositary Receipts (ADRs), Global Depositary Receipts (GDRs) and other country specific
depositary receipts are certificates
evidencing ownership of shares of a foreign issuer. These certificates are issued by depositary banks and generally trade
on an established market in the U.S. or
elsewhere.
|
The accompanying notes are an integral part of the Portfolios of Investments.
17
Harbor Domestic Equity Funds
Notes to Portfolios of Investments—July 31, 2021 (Unaudited)
Notes to Portfolios of Investments—July 31, 2021 (Unaudited)
Note 1—Organizational Matters
Harbor Funds (the “Trust”) is registered under the Investment Company Act of 1940, as amended (the “Investment Company Act”), as an open-end management investment company. As of July 31, 2021, the Trust consists of 31 separate portfolios. The portfolios covered by this report are: Harbor Capital Appreciation Fund, Harbor Large Cap Value Fund, Harbor Mid Cap Fund, Harbor Mid Cap Growth Fund, Harbor Mid Cap Value Fund, Harbor Small Cap Growth Fund, Harbor Small Cap Value Fund, and Harbor Strategic Growth Fund (individually or collectively referred to as a “Fund” or the “Funds," respectively). Harbor Capital Advisors, Inc. (“Harbor Capital”) is the investment adviser for the Funds.
Note 2—Significant Accounting Policies
Security Valuation
The Trust’s valuation procedures permit the Funds to use a variety of valuation methodologies, consider a number of subjective factors, analyze applicable facts and circumstances and, in general, exercise judgment, when valuing Fund investments. The
methodology used for a specific type of investment may vary based on the circumstances and relevant considerations, including
available market data.
Equity securities (including common stock, preferred stock, and convertible preferred stock), exchange-traded funds and financial
derivative instruments (such as futures contracts and options contracts, including rights and warrants) that are traded or
cleared on a national securities exchange or system (except securities listed on the National Association of Securities Dealers Automated
Quotation (“NASDAQ”) system and United Kingdom securities) are valued at the last sale price on a national exchange or system on which they are principally traded or cleared as of the valuation date. Securities listed on the NASDAQ system or
a United Kingdom exchange are valued at the official closing price of those securities. In the case of securities for which
there are no sales on the valuation day, (i) securities traded principally on a U.S. exchange, including NASDAQ, are valued at the
mean between the closing bid and ask price; and (ii) securities traded principally on a foreign exchange, including United
Kingdom securities, are valued at the official bid price determined as of the close of the primary exchange. Shares of open-end
registered investment companies that are held by a Fund are valued at net asset value. To the extent these securities are
actively traded and fair valuation adjustments are not applied, they are normally categorized as Level 1 in the fair value hierarchy.
Equity securities traded on inactive markets or valued by reference to similar instruments are normally categorized as Level
2 in the fair value hierarchy. For more information on the fair value hierarchy, please refer to the Fair Value Measurements
and Disclosures section.
Short-term securities with a remaining maturity of less than 60 days at the time of acquisition that are held by a Fund are
valued at amortized cost to the extent amortized cost represents fair value. Such securities are normally categorized as Level
2 in the fair value hierarchy.
Over-the-counter financial derivative instruments, such as forward currency contracts, options contracts, and swap agreements
(including centrally cleared swaps), derive their value from underlying asset prices, indices, reference rates and other inputs,
or a combination of these factors. These instruments are valued using evaluated prices furnished by a pricing vendor selected
by the Board of Trustees. In certain cases, when a valuation is not readily available from a pricing vendor, the Fund’s subadviser provides a valuation, typically using its own proprietary models. Depending on the instrument and the terms of the transaction,
the value of the derivative instrument can be determined by a pricing vendor or subadviser using a series of techniques, including
simulation pricing models. The pricing models use inputs, such as issuer details, indices, spreads, interest rates, yield
curves, dividends and exchange rates, that are observed from actively quoted markets. Derivative instruments that use valuation techniques
and inputs similar to those described above are normally categorized as Level 2 in the fair value hierarchy.
A Fund may also use fair value pricing if the value of some or all of the Fund’s securities have been materially affected by events occurring before the Fund’s pricing time but after the close of the primary markets or exchanges on which the security is traded. This most commonly occurs with foreign securities, but may occur with other securities as well. In such cases,
the Fund may apply a fair value factor supplied by the pricing vendor to a foreign security’s market close value to reflect changes in value that may have occurred between the close of the primary market or exchange on which the security is traded and the Fund’s pricing time. That factor may be derived using observable inputs such as a comparison of the trading patterns of a foreign security to intraday trading in the U.S. markets that are highly correlated to the foreign security or other information
that becomes available after the close of the foreign market on which the security principally traded. When fair value pricing
is employed, the prices of securities used by a Fund to calculate its net asset value may differ from market quotations, official
18
Harbor Domestic Equity Funds
Notes to Portfolios of Investments—Continued
Notes to Portfolios of Investments—Continued
Note 2—Significant Accounting Policies—Continued
closing prices or evaluated prices for the same securities, which means that the Fund may value those securities higher or
lower than another given fund that uses market quotations, official closing prices or evaluated prices supplied by a pricing
vendor in its calculation of net asset value. Securities valued using observable inputs, such as those described above, are
normally categorized as Level 2 of the fair value hierarchy.
When reliable market quotations or evaluated prices supplied by a pricing vendor are not readily available or are not believed
to accurately reflect fair value, securities are priced at their fair value as determined by the Trust’s Valuation Committee (the “Valuation Committee”) pursuant to procedures adopted, and subject to oversight, by the Board of Trustees. The Valuation Committee is comprised of a trustee and officers of the Trust and employees of Harbor Capital with relevant experience or
responsibilities. Each security for which the Valuation Committee determines a fair value, including the basis for the fair
value decision, is reviewed by the Board of Trustees at its regularly scheduled board meetings. Securities valued using fair valuation
methods that incorporate significant unobservable inputs are normally categorized as Level 3 in the fair value hierarchy.
Fair Value Measurements and Disclosures
Various inputs may be used to determine the value of each Fund’s investments, which are summarized in three broad categories defined as Level 1, Level 2, and Level 3. The inputs or methodologies used for valuing investments are not necessarily indicative
of the risk associated with investing in those investments. The assignment of an investment to Levels 1, 2, or 3 is based
on the lowest level of significant inputs used to determine its fair value.
|
Level 1–
|
Quoted prices in active markets for identical securities.
|
|
Level 2–
|
Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds,
credit risk, etc.).
|
|
Level 3–
|
Significant unobservable inputs are used in situations where quoted prices or other observable inputs are not available
or are deemed unreliable. Significant unobservable inputs may include each Fund’s own assumptions.
|
The categorization of investments into Levels 1, 2, or 3, and a summary of significant unobservable inputs used for Level
3 investments, when applicable, can be found at the end of each Fund’s Portfolio of Investments schedule. For fair valuations using significant unobservable inputs, if any, a reconciliation of the beginning to ending balances for reported fair values
is provided at the end of each Fund’s Portfolio of Investments schedule that presents changes attributable to realized and unrealized gains and losses and purchases, sales, and transfers in/out of the Level 3 category during the period.
Each Fund used observable inputs in its valuation methodologies whenever they were available and deemed reliable.
Securities Transactions
Securities transactions are accounted for on the trade date (the date the order to buy or sell is executed).
Please refer to the most recent annual or semi-annual reports on the Harbor Funds’ website at harborfunds.com for more information regarding each Fund’s significant accounting policies, investments, and related transactions.
19
|
111 South Wacker Drive, 34th Floor
|
Chicago, IL 60606-4302
|
800-422-1050
|
harborfunds.com
|
Trustees & Officers
Charles F. McCain
Chairman, President & Trustee
Chairman, President & Trustee
Scott M. Amero
Trustee
Trustee
Donna J. Dean
Trustee
Trustee
Randall A. Hack
Trustee
Trustee
Robert Kasdin
Trustee
Trustee
Kathryn L. Quirk
Trustee
Trustee
Douglas J. Skinner
Trustee
Trustee
Ann M. Spruill
Trustee
Trustee
Erik D. Ojala
Chief Compliance Officer
Chief Compliance Officer
Anmarie S. Kolinski
Treasurer
Treasurer
Kristof M. Gleich
Vice President
Vice President
Gregg M. Boland
Vice President
Vice President
Diana R. Podgorny
Secretary
Secretary
Jodie L. Crotteau
Assistant Secretary
Assistant Secretary
Lana M. Lewandowski
AML Compliance Officer
& Assistant Secretary
AML Compliance Officer
& Assistant Secretary
Lora A. Kmieciak
Assistant Treasurer
Assistant Treasurer
John M. Paral
Assistant Treasurer
Assistant Treasurer
Investment Adviser
Harbor Capital Advisors, Inc.
111 South Wacker Drive, 34th Floor
Chicago, IL 60606-4302
312-443-4400
111 South Wacker Drive, 34th Floor
Chicago, IL 60606-4302
312-443-4400
Distributor
Harbor Funds Distributors, Inc.
111 South Wacker Drive, 34th Floor
Chicago, IL 60606-4302
312-443-4600
111 South Wacker Drive, 34th Floor
Chicago, IL 60606-4302
312-443-4600
Shareholder Services
Harbor Services Group, Inc.
P.O. Box 804660
Chicago, IL 60680-4108
800-422-1050
P.O. Box 804660
Chicago, IL 60680-4108
800-422-1050
FD.NQ.DE.0120