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
-3.77%
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
$18.2B
AUM Growth
-$7.92B
Cap. Flow
-$2.26B
Cap. Flow %
-12.43%
Top 10 Hldgs %
36.93%
Holding
168
New
8
Increased
30
Reduced
80
Closed
15

Top Buys

1
ROK icon
Rockwell Automation
ROK
+$255M
2
AVGO icon
Broadcom
AVGO
+$199M
3
LULU icon
lululemon athletica
LULU
+$178M
4
SHEL icon
Shell
SHEL
+$168M
5
FMX icon
Fomento Económico Mexicano
FMX
+$117M

Top Sells

1
CHKP icon
Check Point Software Technologies
CHKP
+$378M
2
BIDU icon
Baidu
BIDU
+$275M
3
TSM icon
TSMC
TSM
+$248M
4
EPAM icon
EPAM Systems
EPAM
+$194M
5
MA icon
Mastercard
MA
+$177M

Sector Composition

1 Technology 23.37%
2 Financials 16.29%
3 Healthcare 15.78%
4 Industrials 9.25%
5 Communication Services 8.07%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
APH icon
126
Amphenol
APH
$188B
$20K ﹤0.01%
576
– –
ROP icon
127
Roper Technologies
ROP
$36.8B
$20K ﹤0.01%
47
-579
-92% -$261K
ADP icon
128
Automatic Data Processing
ADP
$103B
$19K ﹤0.01%
92
– –
ANSS
129
DELISTED
Ansys
ANSS
$19K ﹤0.01%
78
– –
TXN icon
130
Texas Instruments
TXN
$265B
$19K ﹤0.01%
115
– –
IPGP icon
131
IPG Photonics
IPGP
$4.39B
$18K ﹤0.01%
179
-23
-11% -$3.16K
COST icon
132
Costco
COST
$419B
$17K ﹤0.01%
+35
New +$18.4K
MA icon
133
Mastercard
MA
$487B
$17K ﹤0.01%
52
-493,547
-100% -$177M
MNST icon
134
Monster Beverage
MNST
$97.7B
$17K ﹤0.01%
408
– –
EA icon
135
Electronic Arts
EA
$52.1B
$16K ﹤0.01%
143
– –
EFX icon
136
Equifax
EFX
$21.4B
$16K ﹤0.01%
+78
New +$18.4K
EMR icon
137
Emerson Electric
EMR
$77.9B
$16K ﹤0.01%
188
– –
RMD icon
138
ResMed
RMD
$29.4B
$16K ﹤0.01%
81
– –
TJX icon
139
TJX Companies
TJX
$171B
$16K ﹤0.01%
274
– –
APD icon
140
Air Products & Chemicals
APD
$66.2B
$15K ﹤0.01%
66
-187
-74% -$48.1K
V icon
141
Visa
V
$694B
$15K ﹤0.01%
76
– –
APPF icon
142
AppFolio
APPF
$6.42B
$14K ﹤0.01%
138
– –
DPZ icon
143
Domino's
DPZ
$11B
$14K ﹤0.01%
+42
New +$18.3K
ECL icon
144
Ecolab
ECL
$77.6B
$14K ﹤0.01%
84
– –
EL icon
145
Estee Lauder
EL
$30B
$14K ﹤0.01%
58
-2
-3% -$602
EBAY icon
146
eBay
EBAY
$49.2B
$13K ﹤0.01%
259
-7,458
-97% -$434K
FIVE icon
147
Five Below
FIVE
$10.9B
$13K ﹤0.01%
92
– –
CABO icon
148
Cable One
CABO
$235M
$11K ﹤0.01%
10
+2
+25% +$3.04K
AAON icon
149
Aaon
AAON
$9.27B
$10K ﹤0.01%
282
– –
DIS icon
150
Walt Disney
DIS
$173B
$10K ﹤0.01%
98
-1,180,475
-100% -$171M
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
CIM
Centersquare Investment Management Conshohocken, Pennsylvania $9.67B AUM 5.55% 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
DPIM
Duff & Phelps Investment Management Chicago, Illinois $9.63B AUM 11.3% 1-Year Est. Return

Harding Loevner's Q1 2022 Portfolio in Review

As of Q1 2022, Harding Loevner held 168 positions worth $18.2B, down 30% from $26.1B the previous quarter. Its ten largest holdings account for 37% of the portfolio.

Harding Loevner withdrew a net $2.26B in Q1 2022, closing 15 positions and reducing 80 holdings. Its most notable exit was Royal Dutch Shell PLC ADS Class B, an estimated $137M position sold in full.

By sector, the portfolio is most concentrated in Technology at 23% of assets, down from 26% a quarter earlier, followed by Financials and Healthcare.

Against the trend, Harding Loevner opened a new position in lululemon athletica worth $162M.

  • Harding Loevner's largest Q1 2022 buy was lululemon athletica: 547,976 shares worth $162M.
  • Harding Loevner added most to Rockwell Automation in Q1 2022, an estimated $255M increase.
  • Harding Loevner's biggest Q1 2022 reduction was Check Point Software Technologies, cutting an estimated $378M.
  • Harding Loevner fully exited Royal Dutch Shell PLC ADS Class B in Q1 2022, selling an estimated $137M.
  • Harding Loevner's ten largest holdings make up 37% of its $18.2B portfolio in Q1 2022.
  • Harding Loevner opened 8 new positions and closed 15 in Q1 2022.
  • Harding Loevner's portfolio value fell 30% quarter-over-quarter to $18.2B.

Based on Harding Loevner's 13F filing for Q1 2022, filed 16 May 2022.