Illustration by Jeremy Enecio for Fortune

Another Mutual Fund Revalues its Startup Portfolio

Jan 26, 2016

Tech startups are currently awash in mutual fund investments, particularly from such well-known names as Fidelity Investments and T. Rowe Price. And, as we've been regularly reporting, such funds regularly revalue those shares, based on proprietary formulas that likely rely on public market comps (even though it's often silly to compare a startup to a more mature issuer).

One of the less talked about mutual fund players is The Hartford, whose $5.4 billion Growth Opportunities Fund houses shares of such companies as Honest Co., General Assembly, Pinterest, WeWork and Uber.

So we took a look at the fund's most recent financial report, which showed valuations as of Dec. 31, 2015. And then we put those into a chart, alongside what the fund originally paid for the shares, and where those shares were held as of Oct. 31, 2015:

Of the 14 companies that saw their valuations change, nine of them went lower than their Oct. 31 mark. The upward exceptions were WeWork, Uber, Coupang, Zuora, and The Honest Co.

All products and services featured are based solely on editorial selection. FORTUNE may receive compensation for some links to products and services on this website.

Quotes delayed at least 15 minutes. Market data provided by Interactive Data. ETF and Mutual Fund data provided by Morningstar, Inc. Dow Jones Terms & Conditions: http://www.djindexes.com/mdsidx/html/tandc/indexestandcs.html. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions