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
-9.94%
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
$12.4B
AUM Growth
-$1.86B
Cap. Flow
-$528M
Cap. Flow %
-4.25%
Top 10 Hldgs %
32.65%
Holding
105
New
20
Increased
28
Reduced
40
Closed
3

Top Buys

Rank Stock Value
1
PYPL icon
PayPal
PYPL
+$198M
2
BKNG icon
Booking.com
BKNG
+$158M
3
TS icon
Tenaris
TS
+$150M
4
CGNX icon
Cognex
CGNX
+$140M
5
RHT
Red Hat Inc
RHT
+$128M

Top Sells

Rank Stock Value
1
VRSK icon
Verisk Analytics
VRSK
+$445M
2
EBAY icon
eBay
EBAY
+$218M
3
LAZ icon
Lazard
LAZ
+$177M
4
SAP icon
SAP
SAP
+$172M
5
BWA icon
BorgWarner
BWA
+$165M

Sector Composition

Rank Sector Weight
1 Financials 20.87%
2 Technology 16.38%
3 Communication Services 14.22%
4 Consumer Discretionary 10.87%
5 Energy 10.06%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
VOD icon
101
Vodafone
VOD
$39.1B
$1K ﹤0.01%
+39
New +$1.39K
RDS.A
102
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
$1K ﹤0.01%
+20
New +$1.02K
BWA icon
103
BorgWarner
BWA
$13.8B
– –
-3,256,920
Closed -$165M
EMR icon
104
Emerson Electric
EMR
$85.2B
– –
-2,748,212
Closed -$154M
LAZ icon
105
Lazard
LAZ
$4.39B
– –
-3,178,287
Closed -$177M
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 Q3 2015 Portfolio in Review

As of Q3 2015, Harding Loevner held 105 positions worth $12.4B, down 13% from $14.3B the previous quarter. Its ten largest holdings account for 33% of the portfolio.

Harding Loevner withdrew a net $528M in Q3 2015, closing 3 positions and reducing 40 holdings. Its most notable exit was Lazard, an estimated $177M position sold in full.

By sector, the portfolio is most concentrated in Financials at 21% of assets, down from 23% a quarter earlier, followed by Technology and Communication Services.

Against the trend, Harding Loevner opened a new position in PayPal worth $172M.

  • Harding Loevner's largest Q3 2015 buy was PayPal: 5,540,255 shares worth $172M.
  • Harding Loevner added most to Booking.com in Q3 2015, an estimated $158M increase.
  • Harding Loevner's biggest Q3 2015 reduction was Verisk Analytics, cutting an estimated $445M.
  • Harding Loevner fully exited Lazard in Q3 2015, selling an estimated $177M.
  • Harding Loevner's ten largest holdings make up 33% of its $12.4B portfolio in Q3 2015.
  • Harding Loevner opened 20 new positions and closed 3 in Q3 2015.
  • Harding Loevner's portfolio value fell 13% quarter-over-quarter to $12.4B.

Based on Harding Loevner's 13F filing for Q3 2015, filed 19 Oct 2015.