Harbor Capital Appreciation Fund released its Q3 2025 investor letter, focusing on US equities and the Federal Reserve’s interest rate cut. The fund returned 5.11% in the quarter, compared to 10.51% for the Russell 1000® Growth Index. Harbor Capital highlighted Advanced Micro Devices, Inc. (NASDAQ: AMD) as a strong pick, with a one-month return of 0.37% and shares gaining 70.27% over the last 52 weeks. Cantor remains overweight on AMD despite target cuts, citing strong AI tailwinds. AMD is the 19th most popular stock among hedge funds, with 115 portfolios holding it at the end of Q3 2025.

Read more at Yahoo Finance.: Harbor Capital Appreciation Fund Added Advanced Micro Devices (AMD) in Q3