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
EFA icon
76
iShares MSCI EAFE ETF
EFA
$80.2B
$686K ﹤0.01%
9,397
+5,390
+135% +$369K
VEA icon
77
Vanguard FTSE Developed Markets ETF
VEA
$236B
$359K ﹤0.01%
7,610
-3,562
-32% -$157K
JD icon
78
JD.com
JD
$44.5B
$215K ﹤0.01%
2,446
– –
ASML icon
79
ASML
ASML
$669B
$147K ﹤0.01%
302
– –
SAN icon
80
Banco Santander
SAN
$210B
$142K ﹤0.01%
46,596
-1
-0% -$3
TTD icon
81
Trade Desk
TTD
$6.49B
$119K ﹤0.01%
1,490
-140
-9% -$10.6K
UGP icon
82
Ultrapar
UGP
$6.54B
$111K ﹤0.01%
24,408
-66,629
-73% -$253K
RGA icon
83
Reinsurance Group of America
RGA
$16.1B
$91K ﹤0.01%
782
+367
+88% +$41K
SBNY
84
DELISTED
Signature Bank
SBNY
$91K ﹤0.01%
671
– –
JPM icon
85
JPMorgan Chase
JPM
$950B
$81K ﹤0.01%
641
– –
JNJ icon
86
Johnson & Johnson
JNJ
$625B
$79K ﹤0.01%
501
– –
ADP icon
87
Automatic Data Processing
ADP
$108B
$74K ﹤0.01%
418
– –
IT icon
88
Gartner
IT
$11.7B
$74K ﹤0.01%
461
– –
PG icon
89
Procter & Gamble
PG
$339B
$74K ﹤0.01%
532
– –
DHR icon
90
Danaher
DHR
$144B
$73K ﹤0.01%
369
– –
ROK icon
91
Rockwell Automation
ROK
$49B
$73K ﹤0.01%
293
– –
CL icon
92
Colgate-Palmolive
CL
$74.4B
$71K ﹤0.01%
825
-660
-44% -$54.6K
ECL icon
93
Ecolab
ECL
$79.9B
$70K ﹤0.01%
322
– –
APD icon
94
Air Products & Chemicals
APD
$67.6B
$69K ﹤0.01%
253
– –
CHD icon
95
Church & Dwight Co
CHD
$24.5B
$69K ﹤0.01%
787
– –
HON icon
96
Honeywell
HON
$78B
$67K ﹤0.01%
333
-125
-27% -$22.7K
MCD icon
97
McDonald's
MCD
$195B
$67K ﹤0.01%
313
– –
BWA icon
98
BorgWarner
BWA
$13.9B
$62K ﹤0.01%
1,832
– –
SBUX icon
99
Starbucks
SBUX
$120B
$62K ﹤0.01%
578
– –
MRK icon
100
Merck
MRK
$318B
$60K ﹤0.01%
769
– –
2 3
4
5 6

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.