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
+0.9%
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
$13.1B
AUM Growth
-$1.74B
Cap. Flow
-$1.68B
Cap. Flow %
-12.9%
Top 10 Hldgs %
44.71%
Holding
73
New
6
Increased
6
Reduced
55
Closed
6

Top Buys

Rank Stock Value
1
ASML icon
ASML
ASML
+$200M
2
TTD icon
Trade Desk
TTD
+$159M
3
HEI icon
HEICO Corp
HEI
+$106M
4
AME icon
Ametek
AME
+$103M
5
APH icon
Amphenol
APH
+$96.6M

Top Sells

Rank Stock Value
1
META icon
Meta Platforms (Facebook)
META
+$271M
2
ROK icon
Rockwell Automation
ROK
+$179M
3
ABEV icon
Ambev
ABEV
+$176M
4
VEU icon
Vanguard FTSE All-World ex-US ETF
VEU
+$170M
5
AAPL icon
Apple
AAPL
+$154M

Sector Composition

Rank Sector Weight
1 Technology 28.04%
2 Financials 15.91%
3 Healthcare 15.38%
4 Industrials 8.8%
5 Communication Services 8.79%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
HDB icon
1
HDFC Bank
HDB
$121B
$965M 7.39%
29,049,364
-1,305,272
-4% -$39.8M
TSM icon
2
TSMC
TSM
$2.18T
$955M 7.31%
5,749,962
-330,999
-5% -$64.3M
ALC icon
3
Alcon
ALC
$35B
$676M 5.18%
7,124,512
-1,350,616
-16% -$121M
SAP icon
4
SAP
SAP
$238B
$675M 5.17%
2,513,151
-184,927
-7% -$50.4M
FMX icon
5
Fomento Económico Mexicano
FMX
$41.7B
$549M 4.21%
5,629,246
-198,598
-3% -$18M
LIN icon
6
Linde
LIN
$226B
$455M 3.49%
977,508
-39,604
-4% -$17.8M
MELI icon
7
Mercado Libre
MELI
$92.3B
$455M 3.48%
233,109
-10,286
-4% -$20.4M
BHP icon
8
BHP
BHP
$230B
$397M 3.04%
8,186,318
-104,890
-1% -$5.22M
MSFT icon
9
Microsoft
MSFT
$3.71T
$357M 2.73%
950,332
-178,292
-16% -$72.7M
NFLX icon
10
Netflix
NFLX
$309B
$354M 2.71%
3,795,300
-676,600
-15% -$64.3M
GOOGL icon
11
Alphabet (Google) Class A
GOOGL
$4.33T
$352M 2.69%
2,275,415
-406,877
-15% -$73.8M
AMZN icon
12
Amazon
AMZN
$2.96T
$347M 2.65%
1,822,293
-285,302
-14% -$61.9M
VRTX icon
13
Vertex Pharmaceuticals
VRTX
$126B
$339M 2.59%
698,459
-125,168
-15% -$58.3M
BAP icon
14
Credicorp
BAP
$30.7B
$304M 2.33%
1,633,379
-68,148
-4% -$12.6M
META icon
15
Meta Platforms (Facebook)
META
$1.51T
$272M 2.08%
472,246
-419,938
-47% -$271M
ZTO icon
16
ZTO Express
ZTO
$17.9B
$262M 2.01%
13,207,572
-957,475
-7% -$18.7M
UNH icon
17
UnitedHealth
UNH
$370B
$255M 1.95%
487,113
-85,292
-15% -$43.6M
SONY icon
18
Sony
SONY
$138B
$250M 1.91%
9,830,162
-305,016
-3% -$7.05M
CME icon
19
CME Group
CME
$94.8B
$247M 1.89%
929,364
-170,511
-16% -$42.1M
SHEL icon
20
Shell
SHEL
$245B
$246M 1.88%
3,356,126
+67,681
+2% +$4.56M
HLN icon
21
Haleon
HLN
$44.2B
$237M 1.82%
23,071,921
-1,054,421
-4% -$10.4M
CNI icon
22
Canadian National Railway
CNI
$76.6B
$233M 1.79%
2,395,464
-83,193
-3% -$8.41M
MFC icon
23
Manulife Financial
MFC
$73.5B
$231M 1.77%
7,408,865
-377,701
-5% -$11.4M
ACN icon
24
Accenture
ACN
$108B
$220M 1.69%
706,308
-128,193
-15% -$45.3M
DE icon
25
Deere & Co
DE
$168B
$209M 1.6%
444,558
-79,763
-15% -$37.3M
1
2 3

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 Q1 2025 Portfolio in Review

As of Q1 2025, Harding Loevner held 73 positions worth $13.1B, down 12% from $14.8B the previous quarter. Its ten largest holdings account for 45% of the portfolio.

Harding Loevner withdrew a net $1.68B in Q1 2025, closing 6 positions and reducing 55 holdings. Its most notable exit was Rockwell Automation, an estimated $179M position sold in full.

By sector, the portfolio is most concentrated in Technology at 28% of assets, down from 30% a quarter earlier, followed by Financials and Healthcare.

Against the trend, Harding Loevner opened a new position in ASML worth $182M.

  • Harding Loevner's largest Q1 2025 buy was ASML: 274,611 shares worth $182M.
  • Harding Loevner added most to Atkore in Q1 2025, an estimated $47M increase.
  • Harding Loevner's biggest Q1 2025 reduction was Meta Platforms (Facebook), cutting an estimated $271M.
  • Harding Loevner fully exited Rockwell Automation in Q1 2025, selling an estimated $179M.
  • Harding Loevner's ten largest holdings make up 45% of its $13.1B portfolio in Q1 2025.
  • Harding Loevner opened 6 new positions and closed 6 in Q1 2025.
  • Harding Loevner's portfolio value fell 12% quarter-over-quarter to $13.1B.

Based on Harding Loevner's 13F filing for Q1 2025, filed 15 May 2025.