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
-3.77%
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
$18.2B
AUM Growth
-$7.92B
Cap. Flow
-$2.26B
Cap. Flow %
-12.43%
Top 10 Hldgs %
36.93%
Holding
168
New
8
Increased
30
Reduced
80
Closed
15

Top Buys

Rank Stock Value
1
ROK icon
Rockwell Automation
ROK
+$255M
2
AVGO icon
Broadcom
AVGO
+$199M
3
LULU icon
lululemon athletica
LULU
+$178M
4
SHEL icon
Shell
SHEL
+$168M
5
FMX icon
Fomento Económico Mexicano
FMX
+$117M

Top Sells

Rank Stock Value
1
CHKP icon
Check Point Software Technologies
CHKP
+$378M
2
BIDU icon
Baidu
BIDU
+$275M
3
TSM icon
TSMC
TSM
+$248M
4
EPAM icon
EPAM Systems
EPAM
+$194M
5
MA icon
Mastercard
MA
+$177M

Sector Composition

Rank Sector Weight
1 Technology 23.37%
2 Financials 18.83%
3 Healthcare 15.78%
4 Industrials 9.25%
5 Communication Services 8.07%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SNPS icon
26
Synopsys
SNPS
$75.5B
$243M 1.34%
915,912
-63,953
-7% -$20M
ILMN icon
27
Illumina
ILMN
$33B
$240M 1.32%
1,096,121
-75,741
-6% -$25.6M
AAPL icon
28
Apple
AAPL
$4.67T
$224M 1.23%
1,467,996
-101,213
-6% -$17M
ASML icon
29
ASML
ASML
$659B
$221M 1.22%
426,855
-25,564
-6% -$17.1M
RIO icon
30
Rio Tinto
RIO
$168B
$216M 1.19%
2,756,013
+4,085
+0.1% +$310K
EPAM icon
31
EPAM Systems
EPAM
$6.04B
$208M 1.14%
653,830
-493,997
-43% -$194M
AMAT icon
32
Applied Materials
AMAT
$361B
$195M 1.07%
1,823,629
-127,989
-7% -$17.6M
ADBE icon
33
Adobe
ADBE
$106B
$193M 1.06%
508,512
-232,712
-31% -$112M
SLB icon
34
SLB Ltd
SLB
$85.3B
$190M 1.05%
4,972,965
-3,881,629
-44% -$152M
AVGO icon
35
Broadcom
AVGO
$1.7T
$189M 1.04%
3,348,900
+3,348,280
+540,045% +$199M
EW icon
36
Edwards Lifesciences
EW
$51.8B
$189M 1.04%
1,975,534
-131,560
-6% -$14.8M
DHR icon
37
Danaher
DHR
$146B
$184M 1.01%
857,172
-295,510
-26% -$74M
ROK icon
38
Rockwell Automation
ROK
$48.2B
$180M 0.99%
886,866
+886,811
+1,612,384% +$255M
SHEL icon
39
Shell
SHEL
$266B
$173M 0.95%
+3,156,146
New +$168M
TW icon
40
Tradeweb Markets
TW
$22.4B
$165M 0.91%
2,692,588
-225,710
-8% -$19.6M
TLK icon
41
Telkom Indonesia
TLK
$14.6B
$163M 0.9%
5,217,091
+27,714
+0.5% +$842K
LULU icon
42
lululemon athletica
LULU
$11.1B
$162M 0.89%
+547,976
New +$178M
ASR icon
43
Grupo Aeroportuario del Sureste
ASR
$7.72B
$154M 0.85%
757,398
-156,609
-17% -$32.5M
ALGN icon
44
Align Technology
ALGN
$11.3B
$154M 0.85%
561,038
-19,672
-3% -$9.57M
IQV icon
45
IQVIA
IQV
$44.1B
$152M 0.84%
741,843
-48,661
-6% -$11.5M
PINS icon
46
Pinterest
PINS
$11.6B
$150M 0.82%
7,055,330
+3,236,257
+85% +$88.4M
VRSK icon
47
Verisk Analytics
VRSK
$24.2B
$146M 0.8%
812,494
-54,026
-6% -$10.7M
MELI icon
48
Mercado Libre
MELI
$100B
$138M 0.76%
172,312
-8,677
-5% -$9.44M
ISRG icon
49
Intuitive Surgical
ISRG
$130B
$138M 0.76%
650,864
-45,598
-7% -$13.3M
CSGP icon
50
CoStar Group
CSGP
$12.5B
$136M 0.75%
2,332,832
-149,525
-6% -$9.93M
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 Q1 2022 Portfolio in Review

As of Q1 2022, Harding Loevner held 168 positions worth $18.2B, down 30% from $26.1B the previous quarter. Its ten largest holdings account for 37% of the portfolio.

Harding Loevner withdrew a net $2.26B in Q1 2022, closing 15 positions and reducing 80 holdings. Its most notable exit was Royal Dutch Shell PLC ADS Class B, an estimated $137M position sold in full.

By sector, the portfolio is most concentrated in Technology at 23% of assets, down from 26% a quarter earlier, followed by Financials and Healthcare.

Against the trend, Harding Loevner opened a new position in lululemon athletica worth $162M.

  • Harding Loevner's largest Q1 2022 buy was lululemon athletica: 547,976 shares worth $162M.
  • Harding Loevner added most to Rockwell Automation in Q1 2022, an estimated $255M increase.
  • Harding Loevner's biggest Q1 2022 reduction was Check Point Software Technologies, cutting an estimated $378M.
  • Harding Loevner fully exited Royal Dutch Shell PLC ADS Class B in Q1 2022, selling an estimated $137M.
  • Harding Loevner's ten largest holdings make up 37% of its $18.2B portfolio in Q1 2022.
  • Harding Loevner opened 8 new positions and closed 15 in Q1 2022.
  • Harding Loevner's portfolio value fell 30% quarter-over-quarter to $18.2B.

Based on Harding Loevner's 13F filing for Q1 2022, filed 16 May 2022.