Spiros Segalas (Trades, Portfolio), supervisor of the Harbor Capital Appreciation Fund, disclosed this 7 days that his fund’s prime 5 purchases for the next quarter ended up Tencent Holdings Ltd. (HKSE:00700), American Tower Corp. (NYSE:AMT), Eli Lilly and Co. (NYSE:LLY), Netflix Inc. (NASDAQ:NFLX) and Goldman Sachs Team Inc. (NYSE:GS).

The Chicago-based fund seeks continual investment progress primarily by means of investments in the frequent inventory of U.S. corporations with a marketplace cap of at the very least $1 billion. By demanding research and visits with prime administration, Harbor Capital invests in corporations with powerful balance sheets, gross sales momentum, superior profitability, special marketplace positions and capable administration.

Harbor Capital’s $30.17 billion fairness portfolio incorporates fifty six stocks as of April 30. The portfolio’s prime 3 sectors in phrases of fat are technological innovation, client cyclical and conversation solutions, representing 34.forty four{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312}, 22.42{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312} and 15.22{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312} of the fairness portfolio.

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Tencent

Harbor Capital bought seven,989,126 shares of Tencent, providing the stake 1.39{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312} fat in the fairness portfolio. Shares averaged 321.ten Hong Kong dollars ($41.43) throughout the quarter.

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The Shenzhen, Guangdong-based company operates a wide assortment of online solutions, which includes social media system WeChat, on the internet game titles and utilities. GuruFocus ranks Tencent’s profitability 9 out of ten on quite a few favourable investing signs, which include things like a 5-star business predictability rank and earnings margins that are outperforming in excess of 85{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312} of global opponents.

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Other gurus with holdings in Tencent include things like Bestinfond (Trades, Portfolio), the Matthews China Fund (Trades, Portfolio) and the Matthews Pacific Tiger Fund (Trades, Portfolio).

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American Tower

The fund added 1,532,862 shares of American Tower, rising the situation two,265.ten{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312} and the fairness portfolio 1.21{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312}. Shares averaged $236.58 throughout the quarter.

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The Boston-based real estate investment belief owns and operates in excess of 180,000 cell towers about the globe. GuruFocus ranks American Tower’s profitability 9 out of ten, pushed by a superior Piotroski F-rating of seven, a four.five-star business predictability rank and a return on fairness that outperforms ninety eight.forty six{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312} of global opponents.

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Eli Lilly

The fund added two,115,646 shares of Eli Lilly, rising the keeping 89.seventy seven{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312} and the fairness portfolio 1.08{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312}. Shares averaged $141.seventy eight throughout the quarter.

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The Indianapolis-based company manufactures pharmaceutical items for the treatment method of most cancers, osteoporosis, diabetic issues and other maladies. GuruFocus ranks Eli Lilly’s profitability eight out of ten: While the company’s favourable investing signs include things like growing running margins and powerful returns on fairness, its 3-12 months income progress rate underperforms 52.09{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312} of global opponents.

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Netflix

Harbor Capital added 593,406 shares of Netflix, rising the situation 21.6{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312} and the fairness portfolio .83{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312}. Shares averaged $375.47 throughout the quarter.

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GuruFocus ranks the Los Gatos, California-based streaming giant’s profitability eight out of ten on quite a few favourable investing signs, which include things like a four.five-star predictability rank, a return on assets that outperforms in excess of 83{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312} of global opponents and an running margin that has greater close to 18{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312} for every 12 months on average in excess of the previous 5 several years.

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Goldman Sachs

The fund added 1,306,650 shares of Goldman Sachs, rising the stake 542.94{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312} and the fairness portfolio .seventy nine{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312}. Shares averaged $one hundred ninety.68 throughout the quarter.

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GuruFocus ranks the New York-based investment bank’s financial power two out of ten on the back again of fairness-to-financial debt and financial debt-to-fairness ratios underperforming in excess of 89{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312} of global opponents, suggesting superior financial leverage. Despite this, internet earnings margins and returns on fairness are outperforming in excess of 64{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312} of global friends.

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Disclosure: No positions.

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James Li

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