Harvard University Stock Portfolio: 5 Latest Stock Picks

In this article, we discuss the 5 latest stock picks in Harvard University’s stock portfolio. If you wish to see our detailed analysis of the Harvard Management Company’s history and past performance, go directly to Harvard University Stock Portfolio: 8 Latest Stock Picks.

5. Rocket Lab USA, Inc. (NASDAQ:RKLB)

Harvard Management Company’s Stake Value: $16.13 million
Percentage of Harvard Management Company’s 13F Portfolio: 0.94%
Number of Hedge Fund Holders: 26

Rocket Lab USA, Inc. (NASDAQ:RKLB) is a public American aerospace manufacturer and small satellite launch service provider that focuses on developing rocket launch and control systems for the space and defense industries.

On December 2, Stifel analyst Erik Rasmussen maintained a Buy rating and $22 price target on Rocket Lab USA, Inc. (NASDAQ:RKLB) shares. Earlier this December Rocket Lab USA, Inc. (NASDAQ:RKLB) announced that it has signed a definitive agreement to acquire SolAero Holdings, a premier supplier of space solar power products and precision aerospace structures for the global aerospace market, for $80 million in cash. The company also announced its deal with Japanese Earth-imaging company Synspective to carry out three dedicated Electron launches in 2022-23.

According to the third quarter securities filings, Harvard Management Company holds 1 million shares of Rocket Lab USA, Inc. (NASDAQ:RKLB). These shares are worth more than $16.13 million and account for 0.94% of the fund’s portfolio value.

Overall, 26 of the 867 elite funds tracked by Insider Monkey reported holding stakes in Rocket Lab USA, Inc. (NASDAQ:RKLB). Among these hedge funds, California-based firm Think Investments is a leading shareholder in Rocket Lab USA, Inc. (NASDAQ:RKLB) with 1.35 million shares worth more than $21.87 million.