Harbor Capital Appreciation Admin
HRCAX
NASDAQ115.21
USD
+0.18
- -
CIK
0000793769
ISIN
US4115118279
CUSIP
411511827
Return %
Stock
S&P500
1Y
-0.03
19.01
3Y
39.67
65.48
5Y
23.63
72.20
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.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Chicago, IL 60606-4302 Bridgewater NJ United States of America 08807
- IPO Date
- Oct 31, 2002
- CIK
- 0000793769
- Website
- hardingloevner.com
- Similar Companies
- Business
- Harbor Capital Appreciation Fund Administrative Class (HRCAX) is an open-end mutual fund that seeks long-term growth of capital by investing primarily in equity securities, principally common and preferred stocks, of U.S. companies with market capitalizations of at least $1 billion at the time of purchase and above-average prospects for growth; the subadviser targets mid- and large-cap stocks expected to maintain or achieve superior earnings growth, with up to 20% of assets permitted in foreign issuers including emerging markets. The fund, part of the Harbor Funds family managed by Harbor Capital Advisors, Inc. with subadvisory from Jennison Associates LLC, emphasizes research-driven selection of companies with sustainable competitive advantages, underappreciated multi-year growth opportunities, proprietary technologies, strong brands, and robust financial metrics such as revenue growth and balance sheets; top holdings as of late 2024 include NVIDIA Corp. (10.26%), Amazon.com Inc. (7.55%), Microsoft Corp. (7.02%), Meta Platforms Inc. (5.99%), and Broadcom Inc. (5.25%), representing approximately 53.69% of assets, with sector allocations overweight in consumer discretionary (20.1%) and communication services (20.0%) relative to the Russell 1000 Growth Index benchmark. Launched with inception on November 1, 2002 for the Administrative Class (part of a strategy dating to 1987), the fund is domiciled in the United States, headquartered in Chicago, Illinois through Harbor Capital Advisors, serves institutional and high-net-worth investors with a $50,000 minimum initial investment, and maintains total net assets exceeding $28 billion across share classes as of recent data. Recent developments include the appointment of Owuraka Koney to the portfolio management team effective July 1, 2025, alongside long-standing managers Kathleen McCarragher (since 2013), Natasha Kuhlkin and Blair Boyer (since 2019); strategic portfolio adjustments in Q2 2025 such as increasing stakes in Cadence Design Systems Inc. (14.87% share rise) and Edwards Lifesciences Corp. (36.91% share rise) while eliminating positions like Trade Desk Inc. amid slowing growth concerns; and broader Harbor Funds expansions like new ETF launches with EARNEST Partners in June 2025 (Harbor Emerging Markets Equity ETF and International Equity ETF). In May 2025, Harbor Funds updated its board with Anne F. Ackerley and discontinued Administrative Class shares for select unrelated funds like International Core and Mid Cap, reflecting ongoing operational refinements; the fund's net expense ratio stands at 0.92%, with a Morningstar Medalist Rating reflecting strong process and parent pillars despite team conviction adjustments.