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
+21.57%
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
$24.2B
AUM Growth
-$3.55B
Cap. Flow
-$7.17B
Cap. Flow %
-29.67%
Top 10 Hldgs %
38.91%
Holding
185
New
7
Increased
34
Reduced
57
Closed
38

Top Buys

Rank Stock Value
1
BHP icon
BHP
BHP
+$267M
2
EW icon
Edwards Lifesciences
EW
+$199M
3
ISRG icon
Intuitive Surgical
ISRG
+$198M
4
EDU icon
New Oriental
EDU
+$90.8M
5
AMZN icon
Amazon
AMZN
+$63.5M

Top Sells

Rank Stock Value
1
IFX
INFINEON TECH AG ADS(REP1 ORD)
IFX
+$374M
2
ROP icon
Roper Technologies
ROP
+$299M
3
CHL
China Mobile Limited
CHL
+$298M
4
DASTY
DASSAULT SYSTEMES SA ADR
DASTY
+$245M
5
ABT icon
Abbott
ABT
+$239M

Sector Composition

Rank Sector Weight
1 Technology 25.27%
2 Financials 24.1%
3 Communication Services 10.11%
4 Consumer Discretionary 9.99%
5 Healthcare 8.79%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CME icon
26
CME Group
CME
$94.8B
$321M 1.33%
1,763,326
+177,375
+11% +$30.2M
BHP icon
27
BHP
BHP
$230B
$311M 1.29%
+5,333,251
New +$267M
DE icon
28
Deere & Co
DE
$168B
$310M 1.28%
1,151,651
+46,478
+4% +$11.5M
VRSK icon
29
Verisk Analytics
VRSK
$25B
$296M 1.23%
1,427,845
-667,905
-32% -$130M
TMO icon
30
Thermo Fisher Scientific
TMO
$220B
$295M 1.22%
633,634
+11,036
+2% +$5.17M
CNI icon
31
Canadian National Railway
CNI
$76.6B
$290M 1.2%
2,636,286
-790,792
-23% -$85.4M
SNPS icon
32
Synopsys
SNPS
$79.7B
$284M 1.18%
1,095,643
+19,202
+2% +$4.43M
BBD icon
33
Banco Bradesco
BBD
$36.7B
$252M 1.04%
58,054,803
-381,823
-0.7% -$1.4M
NVDA icon
34
NVIDIA
NVDA
$5.42T
$244M 1.01%
18,652,400
+322,000
+2% +$4.31M
DIS icon
35
Walt Disney
DIS
$181B
$242M 1%
1,336,587
+21,582
+2% +$3.1M
EDU icon
36
New Oriental
EDU
$8.98B
$241M 1%
1,299,366
+539,734
+71% +$90.8M
TCOM icon
37
Trip.com Group
TCOM
$29.1B
$232M 0.96%
6,878,456
-1,270,071
-16% -$41.4M
XOM icon
38
ExxonMobil
XOM
$634B
$231M 0.95%
5,593,321
+385,212
+7% +$14.4M
PRLB icon
39
Protolabs
PRLB
$2.13B
$227M 0.94%
1,482,144
-84,414
-5% -$11.9M
EL icon
40
Estee Lauder
EL
$32B
$226M 0.94%
849,672
-15,307
-2% -$3.68M
BIDU icon
41
Baidu
BIDU
$37.2B
$220M 0.91%
1,016,439
-17,396
-2% -$2.58M
EW icon
42
Edwards Lifesciences
EW
$51.7B
$219M 0.91%
2,405,563
+2,404,717
+284,246% +$199M
ISRG icon
43
Intuitive Surgical
ISRG
$134B
$218M 0.9%
+798,666
New +$198M
WDAY icon
44
Workday
WDAY
$44.4B
$216M 0.89%
900,460
+15,221
+2% +$3.42M
CRM icon
45
Salesforce
CRM
$158B
$215M 0.89%
967,222
+16,748
+2% +$4.07M
VFC icon
46
VF Corp
VFC
$5.89B
$210M 0.87%
2,454,005
+142,413
+6% +$11.4M
RIO icon
47
Rio Tinto
RIO
$164B
$208M 0.86%
2,755,692
-43,334
-2% -$2.85M
TW icon
48
Tradeweb Markets
TW
$21.6B
$200M 0.83%
3,204,697
+54,537
+2% +$3.3M
EBAY icon
49
eBay
EBAY
$49.8B
$194M 0.8%
3,850,906
+392,324
+11% +$20M
ROP icon
50
Roper Technologies
ROP
$39.8B
$187M 0.77%
434,355
-727,467
-63% -$299M
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 Q4 2020 Portfolio in Review

As of Q4 2020, Harding Loevner held 185 positions worth $24.2B, down 13% from $27.7B the previous quarter. Its ten largest holdings account for 39% of the portfolio.

Harding Loevner withdrew a net $7.17B in Q4 2020, closing 38 positions and reducing 57 holdings. Its most notable exit was INFINEON TECH AG ADS(REP1 ORD), an estimated $374M position sold in full.

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.

Against the trend, Harding Loevner opened a new position in BHP worth $311M.

  • Harding Loevner's largest Q4 2020 buy was BHP: 5,333,251 shares worth $311M.
  • Harding Loevner added most to Edwards Lifesciences in Q4 2020, an estimated $199M increase.
  • Harding Loevner's biggest Q4 2020 reduction was Roper Technologies, cutting an estimated $299M.
  • Harding Loevner fully exited INFINEON TECH AG ADS(REP1 ORD) in Q4 2020, selling an estimated $374M.
  • Harding Loevner's ten largest holdings make up 39% of its $24.2B portfolio in Q4 2020.
  • Harding Loevner opened 7 new positions and closed 38 in Q4 2020.
  • Harding Loevner's portfolio value fell 13% quarter-over-quarter to $24.2B.

Based on Harding Loevner's 13F filing for Q4 2020, filed 16 Feb 2021.