We are live on ! Find out more
HL

Harding Loevner Portfolio holdings

AUM $9.72B
1-Year Est. Return 22.38%
This Fund
S&P 500
This Quarter Est. Return
-21.3%
1 Year Est. Return
+22.38%
3 Year Est. Return
+79.36%
5 Year Est. Return
+98.01%
10 Year Est. Return
+375.62%
AUM
$17.9B
AUM Growth
-$4.56B
Cap. Flow
+$1.2B
Cap. Flow %
6.71%
Top 10 Hldgs %
38.44%
Holding
153
New
13
Increased
41
Reduced
57
Closed
6

Top Buys

Rank Stock Value
1
ABEV icon
Ambev
ABEV
+$220M
2
ILMN icon
Illumina
ILMN
+$210M
3
HDB icon
HDFC Bank
HDB
+$188M
4
META icon
Meta Platforms (Facebook)
META
+$183M
5
DE icon
Deere & Co
DE
+$176M

Top Sells

Rank Stock Value
1
CHKP icon
Check Point Software Technologies
CHKP
+$272M
2
REGN icon
Regeneron Pharmaceuticals
REGN
+$244M
3
SLB icon
SLB Ltd
SLB
+$200M
4
HSBC icon
HSBC
HSBC
+$165M
5
CL icon
Colgate-Palmolive
CL
+$124M

Sector Composition

Rank Sector Weight
1 Technology 24.83%
2 Financials 16.5%
3 Communication Services 15.02%
4 Consumer Discretionary 10.17%
5 Industrials 8.69%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
BKNG icon
26
Booking.com
BKNG
$161B
$285M 1.59%
5,300,050
-19,500
-0.4% -$1.37M
NKE icon
27
Nike
NKE
$61.9B
$239M 1.33%
2,884,931
-13,243
-0.5% -$1.23M
MSFT icon
28
Microsoft
MSFT
$3.71T
$218M 1.22%
1,382,676
-21,344
-2% -$3.51M
TCOM icon
29
Trip.com Group
TCOM
$29.1B
$212M 1.18%
9,043,442
+1,270,550
+16% +$39.6M
XOM icon
30
ExxonMobil
XOM
$634B
$211M 1.18%
5,547,353
+3,150,562
+131% +$174M
BBD icon
31
Banco Bradesco
BBD
$36.7B
$203M 1.13%
66,671,737
+20,416,259
+44% +$105M
JOBS
32
DELISTED
51job Inc
JOBS
$185M 1.03%
3,021,248
+53,073
+2% +$4.04M
BAP icon
33
Credicorp
BAP
$30.7B
$180M 1%
1,255,067
+185,721
+17% +$35.1M
ABT icon
34
Abbott
ABT
$187B
$179M 1%
2,268,310
-27,658
-1% -$2.31M
WAT icon
35
Waters Corp
WAT
$39.9B
$155M 0.86%
850,483
-8,600
-1% -$1.81M
DE icon
36
Deere & Co
DE
$168B
$154M 0.86%
1,113,580
+1,113,380
+556,690% +$176M
LIN icon
37
Linde
LIN
$226B
$151M 0.84%
870,189
-35,947
-4% -$7.09M
NTES icon
38
NetEase
NTES
$84.7B
$145M 0.81%
2,253,125
-19,210
-0.8% -$1.26M
SNPS icon
39
Synopsys
SNPS
$79.7B
$138M 0.77%
1,070,728
+1,070,123
+176,880% +$152M
UL icon
40
Unilever
UL
$136B
$137M 0.77%
2,411,860
+639,259
+36% +$40.1M
CRM icon
41
Salesforce
CRM
$158B
$136M 0.76%
946,395
-11,890
-1% -$2.04M
EL icon
42
Estee Lauder
EL
$32B
$132M 0.74%
+828,037
New +$160M
CL icon
43
Colgate-Palmolive
CL
$74.4B
$129M 0.72%
1,947,482
-1,756,989
-47% -$124M
DIS icon
44
Walt Disney
DIS
$181B
$127M 0.71%
1,310,202
-4,332
-0.3% -$548K
SLB icon
45
SLB Ltd
SLB
$75B
$119M 0.67%
8,846,782
-6,921,993
-44% -$200M
PRLB icon
46
Protolabs
PRLB
$2.13B
$118M 0.66%
1,547,631
+1,547,365
+581,716% +$143M
TTD icon
47
Trade Desk
TTD
$6.49B
$118M 0.66%
+6,091,100
New +$158M
DEO icon
48
Diageo
DEO
$53.6B
$116M 0.65%
916,198
-53,870
-6% -$8.08M
ASR icon
49
Grupo Aeroportuario del Sureste
ASR
$8.3B
$116M 0.65%
1,232,382
+23,310
+2% +$3.94M
CIB icon
50
Grupo Cibest SA
CIB
$21.1B
$115M 0.64%
4,604,618
+104,937
+2% +$4.73M
1
2
3 4 5

Similar funds

DCP
Durable Capital Partners Bethesda, Maryland $9.71B AUM 26.27% 1-Year Est. Return
FCM
Frontier Capital Management Boston, Massachusetts $9.73B AUM 55.65% 1-Year Est. Return
CCM
Cullen Capital Management New York $9.75B AUM 21.81% 1-Year Est. Return
URS
Utah Retirement Systems Salt Lake City, Utah $9.78B AUM 28.72% 1-Year Est. Return
MPI
Mairs & Power Inc St Paul, Minnesota $9.79B AUM 20.6% 1-Year Est. Return
TIM
Thornburg Investment Management Santa Fe, New Mexico $9.63B AUM 35.65% 1-Year Est. Return
SC
Sculptor Capital New York $9.61B AUM 27.5% 1-Year Est. Return
TCA
Tortoise Capital Advisors Overland Park, Kansas $9.6B AUM 19.53% 1-Year Est. Return

Harding Loevner's Q1 2020 Portfolio in Review

As of Q1 2020, Harding Loevner held 153 positions worth $17.9B, down 20% from $22.5B the previous quarter. Its ten largest holdings account for 38% of the portfolio.

Harding Loevner deployed $1.2B of net new capital in Q1 2020, opening 13 new positions and adding to 41 existing holdings. Its largest new stake was Estee Lauder: 828,037 shares worth $132M.

By sector, the portfolio is most concentrated in Technology at 25% of assets, up from 23% a quarter earlier, followed by Financials and Communication Services.

On the sell side, the largest reduction was Check Point Software Technologies, an estimated $272M trimmed.

  • Harding Loevner's largest Q1 2020 buy was Estee Lauder: 828,037 shares worth $132M.
  • Harding Loevner added most to Ambev in Q1 2020, an estimated $220M increase.
  • Harding Loevner's biggest Q1 2020 reduction was Check Point Software Technologies, cutting an estimated $272M.
  • Harding Loevner fully exited JD.com in Q1 2020, selling an estimated $86.9M.
  • Harding Loevner's ten largest holdings make up 38% of its $17.9B portfolio in Q1 2020.
  • Harding Loevner opened 13 new positions and closed 6 in Q1 2020.
  • Harding Loevner's portfolio value fell 20% quarter-over-quarter to $17.9B.

Based on Harding Loevner's 13F filing for Q1 2020, filed 15 May 2020.