Harvard University’s endowment cut 67 percent of its holdings in United States stocks in the fourth quarter, amid big losses in equity markets.
Harvard Management Company, which oversees the school’s $28.8 billion fund, sold its holdings in 117 publicly listed stocks in the quarter, leaving it with 57, according to a filing with the U.S. Securities and Exchange Commission.......Go to Article from Bloomberg News »
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Go to S.E.C. Filing from Harvard Management Co. »
Thursday, February 12, 2009
Harvard Sells Off Many U.S. Stocks
From the New York Times' DealBook blog:
