We are live on ! Find out more
HL

Harding Loevner Portfolio holdings

AUM $10.6B
1-Year Est. Return 19.39%
This Fund
S&P 500
This Quarter Est. Return
+10.83%
1 Year Est. Return
+19.39%
3 Year Est. Return
+79.14%
5 Year Est. Return
+100.61%
10 Year Est. Return
+428.16%
AUM
$15.3B
AUM Growth
+$1.03B
Cap. Flow
-$347M
Cap. Flow %
-2.26%
Top 10 Hldgs %
36.76%
Holding
74
New
–
Increased
36
Reduced
34
Closed
3

Top Buys

Rank Stock Value
1
CHKP icon
Check Point Software Technologies
CHKP
+$132M
2
REGN icon
Regeneron Pharmaceuticals
REGN
+$89.8M
3
WB icon
Weibo
WB
+$79.2M
4
BIDU icon
Baidu
BIDU
+$73M
5
SAP icon
SAP
SAP
+$33.7M

Top Sells

Rank Stock Value
1
BG icon
Bunge Global
BG
+$290M
2
SIVB
SVB Financial Group
SIVB
+$193M
3
RHT
Red Hat Inc
RHT
+$101M
4
FRC
First Republic Bank
FRC
+$94M
5
TS icon
Tenaris
TS
+$45.7M

Sector Composition

Rank Sector Weight
1 Financials 21.06%
2 Technology 17.21%
3 Communication Services 16.45%
4 Energy 12.09%
5 Consumer Discretionary 11.02%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
REGN icon
26
Regeneron Pharmaceuticals
REGN
$85.2B
$216M 1.41%
557,400
+242,162
+77% +$89.8M
BBVA icon
27
Banco Bilbao Vizcaya Argentaria
BBVA
$163B
$196M 1.28%
25,803,741
+1,490,552
+6% +$10.2M
JD icon
28
JD.com
JD
$38.2B
$195M 1.27%
6,274,634
+86,498
+1% +$2.55M
META icon
29
Meta Platforms (Facebook)
META
$1.57T
$192M 1.25%
1,348,212
-37,067
-3% -$4.95M
IPGP icon
30
IPG Photonics
IPGP
$3.32B
$191M 1.24%
1,580,188
-43,494
-3% -$4.92M
WPP icon
31
WPP
WPP
$5.46B
$190M 1.24%
1,736,252
+74,085
+4% +$8.32M
CL icon
32
Colgate-Palmolive
CL
$70.8B
$190M 1.24%
2,590,699
-73,231
-3% -$5.13M
CHL
33
DELISTED
China Mobile Limited
CHL
$175M 1.14%
3,162,700
+79,530
+3% +$4.44M
AMZN icon
34
Amazon
AMZN
$2.79T
$169M 1.1%
3,801,780
-146,460
-4% -$6.1M
BAP icon
35
Credicorp
BAP
$30.4B
$167M 1.09%
1,020,138
+26,500
+3% +$4.36M
CGNX icon
36
Cognex
CGNX
$10.5B
$165M 1.08%
3,942,364
-106,656
-3% -$3.9M
JOBS
37
DELISTED
51job Inc
JOBS
$162M 1.06%
4,417,345
+122,900
+3% +$4.38M
CIB icon
38
Grupo Cibest SA
CIB
$23.8B
$160M 1.04%
4,008,551
+89,900
+2% +$3.42M
COR icon
39
Cencora
COR
$63.2B
$155M 1.01%
1,751,305
-46,008
-3% -$4.04M
BSAC icon
40
Banco Santander Chile
BSAC
$16.8B
$154M 1.01%
6,150,156
+146,400
+2% +$3.31M
MA icon
41
Mastercard
MA
$507B
$150M 0.97%
1,329,284
-37,362
-3% -$4.1M
FMS icon
42
Fresenius Medical Care
FMS
$12.1B
$149M 0.97%
3,528,960
+233,347
+7% +$9.65M
WB icon
43
Weibo
WB
$1.65B
$148M 0.96%
2,833,520
+1,591,175
+128% +$79.2M
WAT icon
44
Waters Corp
WAT
$40.2B
$148M 0.96%
944,836
-28,137
-3% -$4.2M
ABEV icon
45
Ambev
ABEV
$46.6B
$138M 0.9%
23,903,614
+672,300
+3% +$3.69M
XOM icon
46
ExxonMobil
XOM
$656B
$137M 0.89%
1,670,682
-28,985
-2% -$2.42M
WBA
47
DELISTED
Walgreens Boots Alliance
WBA
$133M 0.87%
1,602,155
-49,835
-3% -$4.18M
CBD
48
DELISTED
Companhia Brasileira de Distribuicao
CBD
$122M 0.79%
6,341,490
+195,300
+3% +$3.6M
MMM icon
49
3M
MMM
$86.9B
$122M 0.79%
760,315
-23,143
-3% -$3.55M
UL icon
50
Unilever
UL
$138B
$121M 0.79%
2,185,874
+175,288
+9% +$8.87M
1
2
3

Similar funds

FMI
Factory Mutual Insurance Waltham, Massachusetts $10.6B AUM 34.1% 1-Year Est. Return
VAS
Vestmark Advisory Solutions Wakefield, Massachusetts $10.6B AUM 25.02% 1-Year Est. Return
DPIM
Duff & Phelps Investment Management Chicago, Illinois $10.6B AUM 18.62% 1-Year Est. Return
CA
Clearstead Advisors Cleveland, Ohio $10.6B AUM 24.87% 1-Year Est. Return
SCM
SCS Capital Management Boston, Massachusetts $10.6B AUM 19.73% 1-Year Est. Return
FCM
Frontier Capital Management Boston, Massachusetts $10.7B AUM 67.78% 1-Year Est. Return
URS
Utah Retirement Systems Salt Lake City, Utah $10.5B AUM 42.22% 1-Year Est. Return
AAM
Alphadyne Asset Management New York $10.5B AUM 37.62% 1-Year Est. Return

Harding Loevner's Q1 2017 Portfolio in Review

As of Q1 2017, Harding Loevner held 74 positions worth $15.3B, up 7.2% from $14.3B the previous quarter. Its ten largest holdings account for 37% of the portfolio.

Trading was light in Q1 2017: portfolio turnover was 4.1%. Harding Loevner opened no new positions and exited 3, leaving the 74-position portfolio largely intact.

By sector, the portfolio is most concentrated in Financials at 21% of assets, down from 22% a quarter earlier, followed by Technology and Communication Services.

  • Harding Loevner added most to Check Point Software Technologies in Q1 2017, an estimated $132M increase.
  • Harding Loevner's biggest Q1 2017 reduction was Bunge Global, cutting an estimated $290M.
  • Harding Loevner fully exited Red Hat Inc in Q1 2017, selling an estimated $101M.
  • Harding Loevner's ten largest holdings make up 37% of its $15.3B portfolio in Q1 2017.
  • Harding Loevner opened 0 new positions and closed 3 in Q1 2017.
  • Harding Loevner's portfolio value rose 7.2% quarter-over-quarter to $15.3B.

Based on Harding Loevner's 13F filing for Q1 2017, filed 7 Apr 2017.