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
ABCM
101
DELISTED
Abcam PLC
ABCM
$59K ﹤0.01%
+2,748
New +$53.4K
ROL icon
102
Rollins
ROL
$18.2B
$57K ﹤0.01%
1,456
-1
-0.1% -$39
HEI icon
103
HEICO Corp
HEI
$51.4B
$55K ﹤0.01%
419
– –
ALTR
104
DELISTED
Altair Engineering Inc
ALTR
$55K ﹤0.01%
942
– –
EMR icon
105
Emerson Electric
EMR
$88.3B
$54K ﹤0.01%
666
– –
NBIX icon
106
Neurocrine Biosciences
NBIX
$16.6B
$54K ﹤0.01%
562
– –
DPZ icon
107
Domino's
DPZ
$11.6B
$53K ﹤0.01%
137
– –
ENS icon
108
EnerSys
ENS
$6.99B
$50K ﹤0.01%
606
– –
ADBE icon
109
Adobe
ADBE
$105B
$45K ﹤0.01%
90
– –
IPGP icon
110
IPG Photonics
IPGP
$3.84B
$45K ﹤0.01%
202
– –
ABT icon
111
Abbott
ABT
$187B
$43K ﹤0.01%
390
-2,202,079
-100% -$239M
ZTS icon
112
Zoetis
ZTS
$30B
$43K ﹤0.01%
261
– –
GWRE icon
113
Guidewire Software
GWRE
$14.2B
$40K ﹤0.01%
308
– –
PANW icon
114
Palo Alto Networks
PANW
$297B
$39K ﹤0.01%
+666
New +$31.1K
UNH icon
115
UnitedHealth
UNH
$370B
$39K ﹤0.01%
111
-22
-17% -$7.37K
CSCO icon
116
Cisco
CSCO
$479B
$38K ﹤0.01%
845
– –
HCSG icon
117
Healthcare Services Group
HCSG
$1.53B
$37K ﹤0.01%
1,304
– –
ABBV icon
118
AbbVie
ABBV
$435B
$36K ﹤0.01%
332
– –
CGNX icon
119
Cognex
CGNX
$11.3B
$36K ﹤0.01%
449
-427
-49% -$31K
IDXX icon
120
Idexx Laboratories
IDXX
$46.2B
$35K ﹤0.01%
70
– –
NOW icon
121
ServiceNow
NOW
$129B
$30K ﹤0.01%
270
– –
KSU
122
DELISTED
Kansas City Southern
KSU
$29K ﹤0.01%
140
– –
ANSS
123
DELISTED
Ansys
ANSS
$28K ﹤0.01%
78
– –
VT icon
124
Vanguard Total World Stock ETF
VT
$79.8B
$26K ﹤0.01%
278
-64
-19% -$5.55K
IMO icon
125
Imperial Oil
IMO
$60.4B
$24K ﹤0.01%
1,280
-4,420
-78% -$70.8K
3 4
5
6 7

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.