Based on the values shown on the same page, the Bitcoin allocation represents roughly 8% of the filing’s reported portfolio worth over $1.4 billion, placing it in the same tier as several of Harvard’s largest US-listed holdings.
Notably, HMC now holds more Bitcoin than gold, as its shares of SPDR Gold Trust were priced at approximately $102 million at the end of the second quarter.
The filing offers the clearest on-the-record sign yet of Harvard’s progression from exploratory crypto exposure to a visible, sized allocation within its US-reportable assets.
Harvard has reportedly engaged with digital assets over multiple years. The institution was among the early university investors allocating to crypto-focused venture funds in 2018.
Form 13F covers only specific US-listed securities and does not represent Harvard’s entire portfolio, but the composition is instructive.
By adding IBIT at roughly 8% of reported holdings, Harvard has elevated Bitcoin to a core component of its public-markets book for this quarter.
