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
-1.52%
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
$25.1B
AUM Growth
-$1.52B
Cap. Flow
-$838M
Cap. Flow %
-3.35%
Top 10 Hldgs %
33.33%
Holding
164
New
7
Increased
19
Reduced
72
Closed
17

Top Buys

Rank Stock Value
1
NFLX icon
Netflix
NFLX
+$227M
2
CSGP icon
CoStar Group
CSGP
+$220M
3
AMAT icon
Applied Materials
AMAT
+$217M
4
BIDU icon
Baidu
BIDU
+$202M
5
PINS icon
Pinterest
PINS
+$118M

Top Sells

Rank Stock Value
1
EPAM icon
EPAM Systems
EPAM
+$291M
2
EL icon
Estee Lauder
EL
+$249M
3
VFC icon
VF Corp
VFC
+$188M
4
SIVB
SVB Financial Group
SIVB
+$144M
5
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$131M

Sector Composition

Rank Sector Weight
1 Technology 25.34%
2 Financials 18.07%
3 Communication Services 12.68%
4 Healthcare 11.87%
5 Consumer Discretionary 8.65%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
BIDU icon
51
Baidu
BIDU
$37.2B
$189M 0.76%
1,231,619
+1,231,556
+1,954,851% +$202M
RIO icon
52
Rio Tinto
RIO
$164B
$183M 0.73%
2,738,900
-73,954
-3% -$5.77M
MA icon
53
Mastercard
MA
$493B
$178M 0.71%
512,186
-16,979
-3% -$6.17M
VRSK icon
54
Verisk Analytics
VRSK
$25B
$177M 0.71%
884,413
-31,143
-3% -$6.03M
ROP icon
55
Roper Technologies
ROP
$39.8B
$176M 0.7%
394,152
-14,983
-4% -$7.18M
ASR icon
56
Grupo Aeroportuario del Sureste
ASR
$8.3B
$172M 0.68%
917,364
-4,468
-0.5% -$807K
BBD icon
57
Banco Bradesco
BBD
$36.7B
$171M 0.68%
49,021,249
-227,471
-0.5% -$906K
BBVA icon
58
Banco Bilbao Vizcaya Argentaria
BBVA
$156B
$153M 0.61%
23,173,126
-550,368
-2% -$3.55M
ALC icon
59
Alcon
ALC
$35B
$145M 0.58%
1,798,303
+7,805
+0.4% +$601K
RDS.B
60
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
$140M 0.56%
3,161,570
-68,726
-2% -$2.72M
UL icon
61
Unilever
UL
$136B
$138M 0.55%
2,265,004
-56,225
-2% -$3.58M
TLK icon
62
Telkom Indonesia
TLK
$14.9B
$130M 0.52%
5,121,840
-54,138
-1% -$1.25M
CIB icon
63
Grupo Cibest SA
CIB
$21.1B
$118M 0.47%
3,398,774
-18,892
-0.6% -$587K
DEO icon
64
Diageo
DEO
$53.6B
$117M 0.47%
604,009
-14,275
-2% -$2.77M
LIN icon
65
Linde
LIN
$226B
$108M 0.43%
369,139
-8,120
-2% -$2.47M
JOBS
66
DELISTED
51job Inc
JOBS
$108M 0.43%
1,554,090
-7,416
-0.5% -$546K
TS icon
67
Tenaris
TS
$26.8B
$83.1M 0.33%
3,935,578
-1,189,152
-23% -$24.1M
VEU icon
68
Vanguard FTSE All-World ex-US ETF
VEU
$68.5B
$65.9M 0.26%
1,080,706
+707,580
+190% +$44.5M
BSAC icon
69
Banco Santander Chile
BSAC
$16.6B
$41.1M 0.16%
2,080,586
+2,760
+0.1% +$54.3K
ZTO icon
70
ZTO Express
ZTO
$17.9B
$34.3M 0.14%
1,118,511
+1,528
+0.1% +$43.8K
INDA icon
71
iShares MSCI India ETF
INDA
$6.63B
$27.2M 0.11%
558,888
+10,858
+2% +$506K
CBD
72
DELISTED
Companhia Brasileira de Distribuicao
CBD
$16.7M 0.07%
3,539,140
+3,723
+0.1% +$22K
ABCM
73
DELISTED
Abcam PLC
ABCM
$7.28M 0.03%
359,112
+785
+0.2% +$15.6K
NTES icon
74
NetEase
NTES
$84.7B
$6.98M 0.03%
81,781
+12,465
+18% +$1.18M
ACN icon
75
Accenture
ACN
$108B
$6.78M 0.03%
21,200
+79
+0.4% +$25.7K
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 Q3 2021 Portfolio in Review

As of Q3 2021, Harding Loevner held 164 positions worth $25.1B, down 5.7% from $26.6B the previous quarter. Its ten largest holdings account for 33% of the portfolio.

Harding Loevner withdrew a net $838M in Q3 2021, closing 17 positions and reducing 72 holdings. Its most notable exit was Estee Lauder, an estimated $249M position sold in full.

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

Against the trend, Harding Loevner opened a new position in Netflix worth $251M.

  • Harding Loevner's largest Q3 2021 buy was Netflix: 4,117,160 shares worth $251M.
  • Harding Loevner added most to CoStar Group in Q3 2021, an estimated $220M increase.
  • Harding Loevner's biggest Q3 2021 reduction was EPAM Systems, cutting an estimated $291M.
  • Harding Loevner fully exited Estee Lauder in Q3 2021, selling an estimated $249M.
  • Harding Loevner's ten largest holdings make up 33% of its $25.1B portfolio in Q3 2021.
  • Harding Loevner opened 7 new positions and closed 17 in Q3 2021.
  • Harding Loevner's portfolio value fell 5.7% quarter-over-quarter to $25.1B.

Based on Harding Loevner's 13F filing for Q3 2021, filed 15 Nov 2021.