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
-3.58%
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
$21.2B
AUM Growth
-$564M
Cap. Flow
+$367M
Cap. Flow %
1.73%
Top 10 Hldgs %
37.26%
Holding
143
New
8
Increased
46
Reduced
42
Closed
9

Top Buys

Rank Stock Value
1
VRTX icon
Vertex Pharmaceuticals
VRTX
+$280M
2
TCOM icon
Trip.com Group
TCOM
+$188M
3
BIDU icon
Baidu
BIDU
+$103M
4
ABEV icon
Ambev
ABEV
+$59M
5
SIVB
SVB Financial Group
SIVB
+$42.8M

Top Sells

Rank Stock Value
1
GRFS
Grifois
GRFS
+$179M
2
ROP icon
Roper Technologies
ROP
+$102M
3
VRSK icon
Verisk Analytics
VRSK
+$79.2M
4
TSM icon
TSMC
TSM
+$31.6M
5
SAP icon
SAP
SAP
+$9.28M

Sector Composition

Rank Sector Weight
1 Technology 22.8%
2 Financials 21.83%
3 Communication Services 13.37%
4 Consumer Discretionary 11.53%
5 Consumer Staples 8.48%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
EPAM icon
26
EPAM Systems
EPAM
$6.04B
$262M 1.24%
1,438,943
+16,079
+1% +$3.03M
AMZN icon
27
Amazon
AMZN
$2.79T
$242M 1.14%
2,791,480
+75,200
+3% +$6.97M
CEO
28
DELISTED
CNOOC Limited
CEO
$239M 1.13%
1,568,870
-7,939
-0.5% -$1.25M
TCOM icon
29
Trip.com Group
TCOM
$25.8B
$235M 1.11%
8,032,146
+5,336,803
+198% +$188M
BAP icon
30
Credicorp
BAP
$30.4B
$225M 1.06%
1,080,372
-8,052
-0.7% -$1.74M
CIB icon
31
Grupo Cibest SA
CIB
$23.8B
$225M 1.06%
4,544,605
+4,553
+0.1% +$230K
NVDA icon
32
NVIDIA
NVDA
$5.56T
$220M 1.04%
50,453,160
-18,040
-0% -$75.9K
MSFT icon
33
Microsoft
MSFT
$3.71T
$219M 1.03%
1,578,108
+32,365
+2% +$4.45M
JOBS
34
DELISTED
51job Inc
JOBS
$218M 1.03%
2,940,015
-10,090
-0.3% -$735K
ABT icon
35
Abbott
ABT
$187B
$217M 1.02%
2,588,389
-3,017
-0.1% -$256K
WAT icon
36
Waters Corp
WAT
$40.2B
$216M 1.02%
968,172
+3,346
+0.3% +$722K
CL icon
37
Colgate-Palmolive
CL
$70.8B
$194M 0.92%
2,643,666
+9,523
+0.4% +$691K
DIS icon
38
Walt Disney
DIS
$182B
$193M 0.91%
1,481,851
+5,719
+0.4% +$791K
REGN icon
39
Regeneron Pharmaceuticals
REGN
$85.2B
$192M 0.91%
692,278
+2,858
+0.4% +$846K
XOM icon
40
ExxonMobil
XOM
$656B
$191M 0.9%
2,707,696
+35,958
+1% +$2.6M
ASR icon
41
Grupo Aeroportuario del Sureste
ASR
$7.72B
$186M 0.88%
1,217,410
+138,587
+13% +$21.1M
META icon
42
Meta Platforms (Facebook)
META
$1.57T
$185M 0.87%
1,038,424
+36,915
+4% +$7.02M
BBVA icon
43
Banco Bilbao Vizcaya Argentaria
BBVA
$163B
$181M 0.85%
34,734,126
-83,013
-0.2% -$426K
GRFS
44
Grifois
GRFS
$5.31B
$180M 0.85%
8,998,278
-8,334,992
-48% -$179M
LIN icon
45
Linde
LIN
$220B
$180M 0.85%
929,748
-30,912
-3% -$5.99M
SIVB
46
DELISTED
SVB Financial Group
SIVB
$176M 0.83%
841,493
+204,365
+32% +$42.8M
DEO icon
47
Diageo
DEO
$49.6B
$164M 0.77%
1,000,609
-33,615
-3% -$5.62M
UL icon
48
Unilever
UL
$138B
$160M 0.75%
2,364,223
-84,296
-3% -$5.84M
EBAY icon
49
eBay
EBAY
$46B
$153M 0.72%
3,931,772
+12,767
+0.3% +$512K
TS icon
50
Tenaris
TS
$28.5B
$150M 0.71%
7,090,645
-40,114
-0.6% -$940K
1
2
3 4 5

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 Q3 2019 Portfolio in Review

As of Q3 2019, Harding Loevner held 143 positions worth $21.2B, down 2.6% from $21.8B the previous quarter. Its ten largest holdings account for 37% of the portfolio.

Harding Loevner's Q3 2019 filing shows 8 new, 46 increased, 42 reduced and 9 closed positions. Its largest new stake was iShares MSCI ACWI ETF: 21,824 shares worth $1.61M. The largest sale was Grifois, an estimated $179M.

By sector, the portfolio is most concentrated in Technology at 23% of assets, down from 23% a quarter earlier, followed by Financials and Communication Services.

  • Harding Loevner's largest Q3 2019 buy was iShares MSCI ACWI ETF: 21,824 shares worth $1.61M.
  • Harding Loevner added most to Vertex Pharmaceuticals in Q3 2019, an estimated $280M increase.
  • Harding Loevner's biggest Q3 2019 reduction was Grifois, cutting an estimated $179M.
  • Harding Loevner fully exited Banco Macro in Q3 2019, selling an estimated $8.73M.
  • Harding Loevner's ten largest holdings make up 37% of its $21.2B portfolio in Q3 2019.
  • Harding Loevner opened 8 new positions and closed 9 in Q3 2019.
  • Harding Loevner's portfolio value fell 2.6% quarter-over-quarter to $21.2B.

Based on Harding Loevner's 13F filing for Q3 2019, filed 14 Nov 2019.