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
+12.7%
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
$17.1B
AUM Growth
-$439M
Cap. Flow
-$2.13B
Cap. Flow %
-12.42%
Top 10 Hldgs %
39.82%
Holding
76
New
2
Increased
7
Reduced
59
Closed
7

Top Buys

Rank Stock Value
1
BAP icon
Credicorp
BAP
+$194M
2
EL icon
Estee Lauder
EL
+$168M
3
DHR icon
Danaher
DHR
+$144M
4
LIN icon
Linde
LIN
+$92.3M
5
AMZN icon
Amazon
AMZN
+$47.3M

Top Sells

Rank Stock Value
1
ILMN icon
Illumina
ILMN
+$253M
2
SNPS icon
Synopsys
SNPS
+$179M
3
TTD icon
Trade Desk
TTD
+$164M
4
PYPL icon
PayPal
PYPL
+$160M
5
NKE icon
Nike
NKE
+$112M

Sector Composition

Rank Sector Weight
1 Technology 25.06%
2 Healthcare 17.65%
3 Financials 14.69%
4 Consumer Staples 9.68%
5 Industrials 8.91%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
TTD icon
76
Trade Desk
TTD
$6.49B
– –
-2,685,907
Closed -$164M
1 2 3
4

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 Q2 2023 Portfolio in Review

As of Q2 2023, Harding Loevner held 76 positions worth $17.1B, down 2.5% from $17.6B the previous quarter. Its ten largest holdings account for 40% of the portfolio.

Harding Loevner withdrew a net $2.13B in Q2 2023, closing 7 positions and reducing 59 holdings. Its most notable exit was Illumina, an estimated $253M position sold in full.

By sector, the portfolio is most concentrated in Technology at 25% of assets, down from 26% a quarter earlier, followed by Healthcare and Financials.

Against the trend, Harding Loevner opened a new position in Estee Lauder worth $156M.

  • Harding Loevner's largest Q2 2023 buy was Estee Lauder: 793,141 shares worth $156M.
  • Harding Loevner added most to Credicorp in Q2 2023, an estimated $194M increase.
  • Harding Loevner's biggest Q2 2023 reduction was Synopsys, cutting an estimated $179M.
  • Harding Loevner fully exited Illumina in Q2 2023, selling an estimated $253M.
  • Harding Loevner's ten largest holdings make up 40% of its $17.1B portfolio in Q2 2023.
  • Harding Loevner opened 2 new positions and closed 7 in Q2 2023.
  • Harding Loevner's portfolio value fell 2.5% quarter-over-quarter to $17.1B.

Based on Harding Loevner's 13F filing for Q2 2023, filed 14 Aug 2023.