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Livermore
Livermore
ZHEN

Harding Loevner LP

SEC CIK
0000928196
Latest filing
Aug 14, 2026

Holdings in Q3 2021

Holdings as of Sep 30, 2021, filed Nov 15, 2021. Long positions only; changes compare share counts with Q2 2021.

Institution overview
Positions
147
−10 vs. Q2 2021
Portfolio value
$25.1B
−$1.52B (−5.7%) vs. Q2 2021
Filed
Nov 15, 2021
SEC
Holdings of Harding Loevner LP in Q3 2021
SecurityClassSharesValue% of portfolioShare changeActionHistory
TSMTaiwan Semiconductor Manufacturing Co LtdADR13,465,836$1.50B6.0%−117,406−0.9%ReducedHistory
HDBHDFC Bank LtdSPONSORED ADS12,269,446$896.8M3.6%−154,144−1.2%ReducedHistory
BHPBHP Group LtdADR15,212,153$814.2M3.2%−431,041−2.8%ReducedHistory
First Rep BK San Francisco C33616C100COM4,110,658$792.9M3.2%−143,063−3.4%Reduced–
EPAMEPAM Systems, Inc.COM1,330,747$759.2M3.0%−494,347−27.1%ReducedHistory
GOOGLAlphabet Inc.Stock281,180$751.7M3.0%−48,042−14.6%ReducedHistory
FMXMexican Economic Development IncSPON ADR UNITS8,489,609$736.2M2.9%−41,986−0.5%ReducedHistory
NBISNebius Group N.V.Stock9,103,170$725.4M2.9%−27,392−0.3%ReducedHistory
SAPSAP SEADR5,098,162$688.5M2.7%−38,726−0.8%ReducedHistory
SIVBSVB Financial GroupCOM1,059,211$685.2M2.7%−247,582−18.9%ReducedHistory
ITUBItau Unibanco Holding S.A.SPON ADR REP PFD129,798,126$684.0M2.7%−554,743−0.4%ReducedHistory
IBNIcici Bank LtdADR33,985,487$641.3M2.6%−134,244−0.4%ReducedHistory
AMZNAmazon Com IncStock186,208$611.7M2.4%−6,654−3.5%ReducedHistory
CHKPCheck Point Software Technologies LtdORD4,955,282$560.1M2.2%−32,466−0.7%ReducedHistory
DEDeere & CoStock1,651,820$553.5M2.2%+87,224+5.6%AddedHistory
BABAAlibaba Group Holding LtdADR3,675,057$544.1M2.2%−91,515−2.4%ReducedHistory
METAMeta Platforms, Inc.Stock1,534,836$520.9M2.1%−198,564−11.5%ReducedHistory
ABEVAmbev S.A.SPONSORED ADR182,303,711$503.2M2.0%−670,248−0.4%ReducedHistory
MSFTMicrosoft CorpStock1,692,843$477.2M1.9%−85,623−4.8%ReducedHistory
ILMNIllumina, Inc.COM1,161,187$471.0M1.9%−229,408−16.5%ReducedHistory
PYPLPayPal Holdings, Inc.Stock1,690,198$439.8M1.8%−445,855−20.9%ReducedHistory
ADBEAdobe Inc.Stock743,504$428.1M1.7%−25,711−3.3%ReducedHistory
NKENIKE, Inc.Stock2,873,375$417.3M1.7%−100,332−3.4%ReducedHistory
CNICanadian National Railway CoStock3,416,675$395.1M1.6%−12,707−0.4%ReducedHistory
ALGNAlign Technology IncCOM592,528$394.3M1.6%−22,330−3.6%ReducedHistory
TMOThermo Fisher Scientific Inc.Stock666,657$380.9M1.5%−2,306−0.3%ReducedHistory
EBAYeBay IncCOM5,090,050$354.6M1.4%−184,605−3.5%ReducedHistory
VRTXVertex Pharmaceuticals IncStock1,911,103$346.7M1.4%−87,975−4.4%ReducedHistory
ASMLASML Holding NVADR437,414$325.9M1.3%−13,823−3.1%ReducedHistory
DHRDanaher CorpStock1,041,942$317.2M1.3%−28,038−2.6%ReducedHistory
SNPSSynopsys IncCOM999,457$299.2M1.2%−36,929−3.6%ReducedHistory
CMECME Group Inc.COM1,453,698$281.1M1.1%−82,725−5.4%ReducedHistory
SLBSLB LimitedStock9,101,416$269.8M1.1%−46,823−0.5%ReducedHistory
NFLXNetflix IncStock411,716$251.3M1.0%+411,716NewHistory
EWEdwards Lifesciences CorpStock2,150,240$243.4M1.0%−78,314−3.5%ReducedHistory
NVDANVIDIA CorpStock1,165,222$241.4M1.0%−593,514−33.7%ReducedConverted for a 4-for-1 splitHistory
ISRGIntuitive Surgical IncCOM NEW242,780$241.4M1.0%−9,033−3.6%ReducedHistory
CRMSalesforce, Inc.Stock888,491$241.0M1.0%−34,688−3.8%ReducedHistory
TWTradeweb Markets Inc.Stock2,975,210$240.3M1.0%−60,479−2.0%ReducedHistory
ETSYEtsy IncCOM1,123,531$233.7M0.9%−41,449−3.6%ReducedHistory
AAPLApple Inc.Stock1,615,412$228.6M0.9%−55,709−3.3%ReducedHistory
UNHUnitedHealth Group IncStock584,262$228.3M0.9%−20,908−3.5%ReducedHistory
CSGPCostar Group, Inc.COM2,546,204$219.1M0.9%+2,545,984+1,157,265.5%AddedHistory
WDAYWorkday, Inc.CL A826,121$206.4M0.8%−32,347−3.8%ReducedHistory
AMATApplied Materials IncStock1,595,395$205.4M0.8%+1,595,395NewHistory
DISWalt Disney CoStock1,204,761$203.8M0.8%−45,912−3.7%ReducedHistory
TTDTrade Desk, Inc.Stock2,848,562$200.3M0.8%−136,313−4.6%ReducedHistory
PINSPinterest, Inc.CL A3,910,457$199.2M0.8%+1,920,130+96.5%AddedHistory
IQVIQVIA Holdings Inc.Stock807,596$193.5M0.8%−27,394−3.3%ReducedHistory
AMEAmetek IncCOM1,544,113$191.5M0.8%−57,629−3.6%ReducedHistory
BIDUBaidu, Inc.ADR1,231,619$189.4M0.8%+1,231,556+1,954,850.8%AddedHistory
RIORio Tinto PLCADR2,738,900$183.0M0.7%−73,954−2.6%ReducedHistory
MAMastercard IncStock512,186$178.1M0.7%−16,979−3.2%ReducedHistory
VRSKVerisk Analytics, Inc.COM884,413$177.1M0.7%−31,143−3.4%ReducedHistory
ROPRoper Technologies IncStock394,152$175.8M0.7%−14,983−3.7%ReducedHistory
ASRSoutheast Airport GroupSPON ADR SER B917,364$171.5M0.7%−4,468−0.5%ReducedHistory
BBDBank BradescoSP ADR PFD NEW44,564,772$170.7M0.7%−206,792−0.5%ReducedHistory
BBVABanco Bilbao Vizcaya Argentaria, S.A.SPONSORED ADR23,173,126$152.7M0.6%−550,368−2.3%ReducedHistory
ALCAlcon IncStock1,798,303$144.7M0.6%+7,805+0.4%AddedHistory
Royal Dutch Shell PLC780259107SPON ADR B3,161,570$140.0M0.6%−68,726−2.1%Reduced–
ULUnilever PLCSPON ADR NEW2,548,129$138.2M0.6%−63,254−2.4%ReducedHistory
TLKPerusahaan Perseroan Persero PT Telekomunikasi Indonesia TBKSPONSORED ADR5,121,840$130.1M0.5%−54,138−1.0%ReducedHistory
CIBGrupo Cibest S.A.SPON ADR PREF3,398,774$117.7M0.5%−18,892−0.6%ReducedHistory
DEODiageo PLCSPON ADR NEW604,009$116.6M0.5%−14,275−2.3%ReducedHistory
LINLinde PLCSHS369,139$108.3M0.4%−8,120−2.2%ReducedHistory
51JOB Inc316827104SPONSORED ADS1,554,090$108.1M0.4%−7,416−0.5%Reduced–
TSTenaris SASPONSORED ADS3,935,578$83.1M0.3%−1,189,152−23.2%ReducedHistory
Vanguard Ftse All-World Ex-US Index Fund922042775ETF1,080,706$65.9M0.3%+707,580+189.6%Added–
BSACBanco Santander ChileSP ADR REP COM2,080,586$41.1M0.2%+2,760+0.1%AddedHistory
ZTOZTO Express (Cayman) Inc.SPONSORED ADS A1,118,511$34.3M0.1%+1,528+0.1%AddedHistory
iShares MSCI India ETF46429B598ETF558,888$27.2M0.1%+10,858+2.0%Added–
Companhia Brasileira de Dist20440T300SPONSORED ADR3,539,140$16.7M0.1%+3,723+0.1%Added–
Abcam PLC000380204ADS359,112$7.28M<0.1%+785+0.2%Added–
NTESNetEase, Inc.SPONSORED ADS81,781$6.98M<0.1%+12,465+18.0%AddedHistory
ACNAccenture plcStock21,200$6.78M<0.1%+79+0.4%AddedHistory
ECEcopetrol S.A.SPONSORED ADS467,665$6.71M<0.1%−45,615−8.9%ReducedHistory
GMABGenmab A/SSPONSORED ADS132,023$5.77M<0.1%−267−0.2%ReducedHistory
iShares Tr464288257MSCI ACWI ETF54,040$5.40M<0.1%+13,023+31.8%Added–
TCOMTrip.com Group LtdADS163,566$5.03M<0.1%−20,921−11.3%ReducedHistory
STSensata Technologies Holding plcSHS61,390$3.36M<0.1%+996+1.6%AddedHistory
CLBCore Laboratories Inc.COM103,535$2.87M<0.1%+1,691+1.7%AddedHistory
Vanguard Ftse Developed Markets ETF921943858ETF5,472$276.0K<0.1%+1,611+41.7%Added–
SANBanco Santander, S.A.ADR50,835$184.0K<0.1%00.0%UnchangedHistory
JPMJPMorgan Chase & CoStock641$105.0K<0.1%00.0%UnchangedHistory
AVGOBroadcom Inc.Stock208$101.0K<0.1%00.0%UnchangedHistory
ABBVAbbVie Inc.Stock847$91.0K<0.1%00.0%UnchangedHistory
RGAReinsurance Group of America IncCOM NEW813$90.0K<0.1%00.0%UnchangedHistory
UGPUltrapar Holdings IncSP ADR REP COM32,450$88.0K<0.1%+8,042+32.9%AddedHistory
XOMExxonMobil Holdings CorpCOM1,474$87.0K<0.1%−2,899−66.3%ReducedHistory
Signature BK New York N Y82669G104COM308$84.0K<0.1%00.0%Unchanged–
JNJJohnson & JohnsonStock501$81.0K<0.1%00.0%UnchangedHistory
OLLIOllie's Bargain Outlet Holdings, Inc.Stock1,217$73.0K<0.1%+560+85.2%AddedHistory
BWABorgwarner IncCOM1,613$70.0K<0.1%00.0%UnchangedHistory
APDAir Products & Chemicals, Inc.Stock253$65.0K<0.1%00.0%UnchangedHistory
SBUXStarbucks CorpStock578$64.0K<0.1%00.0%UnchangedHistory
MBUUMalibu Boats, Inc.COM CL A861$60.0K<0.1%+861NewHistory
MRKMerck & Co., Inc.Stock734$55.0K<0.1%00.0%UnchangedHistory
HEIHeico CorpCOM419$55.0K<0.1%00.0%UnchangedHistory
NBIXNeurocrine Biosciences IncStock562$54.0K<0.1%00.0%UnchangedHistory
ZTSZoetis Inc.Stock261$51.0K<0.1%00.0%UnchangedHistory

Sold out since Q2 2021 (17)

Positions held at the end of Q2 2021 that are gone from this filing.

Positions of Harding Loevner LP sold out since Q2 2021
SecurityClassShares in Q2 2021Value in Q2 2021% of portfolio in Q2 2021History
ELEstee Lauder Companies IncCL A782,274$248.8M0.9%History
VFCV F CorpStock2,295,743$188.3M0.7%History
EDUNew Oriental Education & Technology Group Inc.SPON ADR109,250$895.0K<0.1%History
DPZDominos Pizza IncCOM137$64.0K<0.1%History
IMOImperial Oil LtdCOM NEW1,280$39.0K<0.1%History
ITGartner IncCOM100$24.0K<0.1%History
Vanguard Total World Stock ETF922042742ETF210$22.0K<0.1%–
MMM3M CoStock64$13.0K<0.1%History
WATWaters CorpCOM28$10.0K<0.1%History
REGNRegeneron Pharmaceuticals, Inc.COM11$6.00K<0.1%History
iShares MSCI Eafe ETF464287465ETF25$2.00K<0.1%–
State Street SPDR S&P Regional Banking ETF78464A698ETF8$1.00K<0.1%–
State Street SPDR S&P Bank ETF78464A797ETF13$1.00K<0.1%–
SSLSasol LtdSPONSORED ADR77$1.00K<0.1%History
BAPCredicorp LtdCOM2$00.0%History
JDJD.com, Inc.SPON ADS CL A3$00.0%History
CSANCosan S.A.ADS14$00.0%History