Harbor Alpha Layering ETF (HOLD)
HOLD
New York Stock Exchange Arca- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Harbor Alpha Layering ETF (NYSE Arca: HOLD) is an actively managed exchange-traded fund that seeks long-term capital appreciation by layering a trend-following managed futures strategy over a passive U.S. large-cap equity position intended to replicate the returns of the S&P 500 Index. The fund provides approximately 150% total exposure, allocated 75% to the long passive U.S. equity strategy via S&P 500 futures contracts, exchange-traded funds tracking the index, or direct holdings in index constituents, and 75% to the managed futures strategy utilizing proprietary quantitative models to take long and short positions across global equities, fixed income, currencies, and commodities through futures, forwards, and swaps; up to 25% of assets may be invested in a wholly-owned Cayman Islands subsidiary to gain commodity exposure within U.S. tax limits. Holdings as of late 2025 include significant positions in U.S. Treasury futures (such as 2-Year Treasury Note Future, 5-Year Note, 10-Year Note, and Ultra Bond futures), iShares Core S&P 500 ETF, currency futures (USD, CHF, GBP, AUD, JPY, CAD, EUR), equity index micro futures (S&P 500, Nasdaq-100, Russell 2000), MSCI Emerging Markets futures, and Harbor Cayman Alpha Layering Gbem Cayman. Harbor Alpha Layering ETF operates in the multi-asset ETF segment, targeting investors seeking enhanced risk-adjusted returns and diversification to address the performance gap between market indices and typical investor outcomes due to behavioral biases like loss aversion, with a focus on resilience during market downturns and participation in uptrends. Launched on August 13, 2025, and listed on NYSE Arca, Inc., the fund is part of Harbor ETF Trust and managed by Harbor Capital Advisors, Inc. (established 1983, headquartered at 111 South Wacker Drive, 34th Floor, Chicago, Illinois 60606) as investment adviser, with subadvisory provided by PanAgora Asset Management, Inc., a quantitative specialist with roots dating to 1989; portfolio managers include Bryan D. Belton (President and CEO), Edward Qian (Head of Multi-Asset Research and CIO), Jon Beaulieu (Director), and Vic Malla (Research Analyst). In August 2025, Harbor Capital Advisors expanded its actively managed ETF lineup by launching Harbor Alpha Layering ETF, introducing this innovative alpha-layering approach managed by PanAgora to offer a single-ticker solution combining equity replication and systematic trend-following for portfolio diversification amid declining reliability of traditional fixed income as an equity hedge. No subsequent major acquisitions, funding rounds, partnerships, or strategic shifts have been reported as of December 2025; the fund maintains a net expense ratio of 0.73%, high portfolio turnover due to frequent futures rollovers, and assets under management around $3-4 million with approximately 120,000 shares outstanding.