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Harding Loevner LP

SEC CIK
0000928196
Latest filing
Aug 14, 2026

Holdings in Q4 2022

Holdings as of Dec 31, 2022, filed Feb 14, 2023. Long positions only; changes compare share counts with Q3 2022.

Institution overview
Positions
82
−80 vs. Q3 2022
Portfolio value
$17.4B
+$2.10B (+13.8%) vs. Q3 2022
Filed
Feb 14, 2023
SEC
Holdings of Harding Loevner LP in Q4 2022
SecurityClassSharesValue% of portfolioShare changeActionHistory
HDBHDFC Bank LtdSPONSORED ADS13,296,755$909.6M5.2%+364,566+2.8%AddedHistory
BHPBHP Group LtdADR13,828,147$858.1M4.9%−751,736−5.2%ReducedHistory
TSMTaiwan Semiconductor Manufacturing Co LtdADR9,950,901$741.5M4.3%−381,424−3.7%ReducedHistory
FMXMexican Economic Development IncSPON ADR UNITS9,144,781$714.5M4.1%−686,009−7.0%ReducedHistory
ALCAlcon IncStock9,991,323$685.0M3.9%−136,274−1.3%ReducedHistory
IBNIcici Bank LtdADR30,204,810$661.1M3.8%−2,084,879−6.5%ReducedHistory
SAPSAP SEADR6,039,310$623.3M3.6%+789,685+15.0%AddedHistory
VRTXVertex Pharmaceuticals IncStock1,840,521$531.5M3.1%+200,704+12.2%AddedHistory
DEDeere & CoStock1,219,253$522.8M3.0%+122,819+11.2%AddedHistory
GOOGLAlphabet Inc.Stock5,125,486$452.2M2.6%+537,758+11.7%AddedHistory
First Rep BK San Francisco C33616C100COM3,285,248$400.5M2.3%+345,334+11.7%Added–
MSFTMicrosoft CorpStock1,598,153$383.3M2.2%+164,555+11.5%AddedHistory
UNHUnitedHealth Group IncStock717,796$380.5M2.2%+74,859+11.6%AddedHistory
CNICanadian National Railway CoStock3,063,713$364.2M2.1%−186,335−5.7%ReducedHistory
ABEVAmbev S.A.SPONSORED ADR121,085,450$329.3M1.9%−8,371,323−6.5%ReducedHistory
SNPSSynopsys IncCOM943,503$301.3M1.7%+97,940+11.6%AddedHistory
AMEAmetek IncCOM2,129,644$297.6M1.7%+217,187+11.4%AddedHistory
TMOThermo Fisher Scientific Inc.Stock530,812$292.3M1.7%+58,654+12.4%AddedHistory
SIVBSVB Financial GroupCOM1,186,039$273.0M1.6%+132,439+12.6%AddedHistory
SLBSLB LimitedStock5,101,929$272.7M1.6%+584,851+12.9%AddedHistory
ACNAccenture plcStock989,656$264.1M1.5%+105,679+12.0%AddedHistory
AMZNAmazon Com IncStock3,070,591$257.9M1.5%+309,877+11.2%AddedHistory
NKENIKE, Inc.Stock2,159,498$252.7M1.5%−271,525−11.2%ReducedHistory
ROKRockwell Automation, IncStock935,957$241.1M1.4%+98,410+11.7%AddedHistory
ASMLASML Holding NVADR416,748$227.7M1.3%+41,204+11.0%AddedHistory
METAMeta Platforms, Inc.Stock1,846,455$222.2M1.3%+206,490+12.6%AddedHistory
ILMNIllumina, Inc.COM1,095,494$221.5M1.3%+114,029+11.6%AddedHistory
XPXP Inc.CL A14,375,095$220.5M1.3%−1,627,206−10.2%ReducedHistory
Abcam PLC000380204ADS13,805,588$214.8M1.2%+13,461,099+3,907.6%Added–
DHRDanaher CorpStock774,587$205.6M1.2%+81,363+11.7%AddedHistory
AAPLApple Inc.Stock1,509,039$196.1M1.1%+158,640+11.7%AddedHistory
AVGOBroadcom Inc.Stock343,136$191.9M1.1%+36,189+11.8%AddedHistory
CSGPCostar Group, Inc.COM2,403,827$185.8M1.1%+251,970+11.7%AddedHistory
ISRGIntuitive Surgical IncCOM NEW691,661$183.5M1.1%+71,560+11.5%AddedHistory
AMATApplied Materials IncStock1,876,061$182.7M1.1%+197,315+11.8%AddedHistory
TWTradeweb Markets Inc.Stock2,779,039$180.5M1.0%+289,337+11.6%AddedHistory
LULUlululemon athletica inc.Stock563,139$180.4M1.0%+58,436+11.6%AddedHistory
CMECME Group Inc.COM1,054,037$177.2M1.0%+109,192+11.6%AddedHistory
RIORio Tinto PLCADR2,485,868$177.0M1.0%−146,856−5.6%ReducedHistory
PINSPinterest, Inc.CL A7,271,181$176.6M1.0%+767,824+11.8%AddedHistory
ADBEAdobe Inc.Stock522,694$175.9M1.0%+55,016+11.8%AddedHistory
CRMSalesforce, Inc.Stock1,282,009$170.0M1.0%+139,730+12.2%AddedHistory
SHELShell plcADR2,835,890$161.5M0.9%−219,465−7.2%ReducedHistory
EWEdwards Lifesciences CorpStock2,042,557$152.4M0.9%+216,804+11.9%AddedHistory
PYPLPayPal Holdings, Inc.Stock2,122,497$151.2M0.9%+220,764+11.6%AddedHistory
VRSKVerisk Analytics, Inc.COM838,580$147.9M0.9%+88,995+11.9%AddedHistory
MFCManulife Financial CorpCOM8,237,298$147.0M0.8%−523,014−6.0%ReducedHistory
NOWServiceNow, Inc.Stock377,334$146.5M0.8%+377,280+698,666.7%AddedHistory
COSTCostco Wholesale CorpStock280,668$128.1M0.7%+280,633+801,808.6%AddedHistory
ETSYEtsy IncCOM1,056,520$126.6M0.7%+109,359+11.5%AddedHistory
BBVABanco Bilbao Vizcaya Argentaria, S.A.SPONSORED ADR20,922,666$125.9M0.7%−1,558,972−6.9%ReducedHistory
WDSWoodside Energy Group LtdADR5,055,919$122.4M0.7%−302,638−5.6%ReducedHistory
ALGNAlign Technology IncCOM580,090$122.4M0.7%+60,597+11.7%AddedHistory
TTDTrade Desk, Inc.Stock2,701,664$121.1M0.7%+286,956+11.9%AddedHistory
NFLXNetflix IncStock399,598$117.8M0.7%+39,883+11.1%AddedHistory
ITUBItau Unibanco Holding S.A.SPON ADR REP PFD24,140,887$113.7M0.7%−2,377,979−9.0%ReducedHistory
EPAMEPAM Systems, Inc.COM343,816$112.7M0.6%−75,725−18.0%ReducedHistory
TLKPerusahaan Perseroan Persero PT Telekomunikasi Indonesia TBKSPONSORED ADR4,712,234$112.4M0.6%−367,812−7.2%ReducedHistory
LINLinde PLCSHS334,056$109.0M0.6%−23,166−6.5%ReducedHistory
Vanguard Ftse All-World Ex-US Index Fund922042775ETF2,139,289$107.3M0.6%+554,532+35.0%Added–
NVDANVIDIA CorpStock712,918$104.2M0.6%+74,004+11.6%AddedHistory
TSTenaris SASPONSORED ADS2,902,958$102.1M0.6%−651,168−18.3%ReducedHistory
ZTOZTO Express (Cayman) Inc.SPONSORED ADS A3,120,044$83.8M0.5%−519,296−14.3%ReducedHistory
ASRSoutheast Airport GroupSPON ADR SER B190,475$44.4M0.3%−187,402−49.6%ReducedHistory
CIBGrupo Cibest S.A.SPON ADR PREF1,520,527$43.4M0.3%−317,966−17.3%ReducedHistory
BBDBank BradescoSP ADR PFD NEW9,929,043$28.6M0.2%−1,692,851−14.6%ReducedHistory
iShares MSCI Acwi Ex U.S. ETF464288240ETF595,745$27.1M0.2%+593,595+27,609.1%Added–
iShares MSCI India ETF46429B598ETF608,650$25.4M0.1%−61,684−9.2%Reduced–
BABAAlibaba Group Holding LtdADR249,991$22.0M0.1%−41,993−14.4%ReducedHistory
iShares Tr464288257MSCI ACWI ETF101,703$8.63M<0.1%+26,503+35.2%Added–
BSACBanco Santander ChileSP ADR REP COM446,794$7.08M<0.1%−692−0.2%ReducedHistory
NBISNebius Group N.V.Stock7,901,074$6.28M<0.1%−58,800−0.7%ReducedHistory
BAPCredicorp LtdCOM44,922$6.09M<0.1%−4,634−9.4%ReducedHistory
GMABGenmab A/SSPONSORED ADS122,912$5.20M<0.1%−6,308−4.9%ReducedHistory
iShares Tr464288885EAFE GRWTH ETF36,646$3.07M<0.1%+16,886+85.5%Added–
STSensata Technologies Holding plcSHS70,189$2.83M<0.1%−2,788−3.8%ReducedHistory
Vanguard Ftse Developed Markets ETF921943858ETF67,271$2.82M<0.1%+5,586+9.1%Added–
iShares MSCI Eafe ETF464287465ETF42,567$2.79M<0.1%+35,556+507.1%Added–
CLBCore Laboratories Inc.COM119,587$2.42M<0.1%−3,635−2.9%ReducedHistory
CHKPCheck Point Software Technologies LtdORD6,338$799.6K<0.1%−1,515−19.3%ReducedHistory
Vanguard Total World Stock ETF922042742ETF3,839$330.9K<0.1%+2,649+222.6%Added–
SANBanco Santander, S.A.ADR49,212$145.2K<0.1%00.0%UnchangedHistory

Sold out since Q3 2022 (80)

Positions held at the end of Q3 2022 that are gone from this filing.

Positions of Harding Loevner LP sold out since Q3 2022
SecurityClassShares in Q3 2022Value in Q3 2022% of portfolio in Q3 2022History
MELIMercadolibre IncCOM157,364$130.3M0.9%History
IQVIQVIA Holdings Inc.Stock684,784$124.0M0.8%History
DEODiageo PLCSPON ADR NEW1,646$280.0K<0.1%History
XOMExxonMobil Holdings CorpCOM1,955$171.0K<0.1%History
BNTXBioNTech SESPONSORED ADS1,202$162.0K<0.1%History
NTESNetEase, Inc.SPONSORED ADS1,521$115.0K<0.1%History
ITGartner IncCOM311$86.0K<0.1%History
ABBVAbbVie Inc.Stock637$85.0K<0.1%History
RGAReinsurance Group of America IncCOM NEW671$84.0K<0.1%History
NBIXNeurocrine Biosciences IncStock767$81.0K<0.1%History
BWABorgwarner IncCOM2,544$80.0K<0.1%History
BMYBristol Myers Squibb CoStock1,086$77.0K<0.1%History
Signature BK New York N Y82669G104COM471$71.0K<0.1%–
RYAAYRyanair Holdings PLCSPONSORED ADR1,143$67.0K<0.1%History
MRKMerck & Co., Inc.Stock734$63.0K<0.1%History
JPMJPMorgan Chase & CoStock589$62.0K<0.1%History
HEIHeico CorpCOM419$60.0K<0.1%History
ULUnilever PLCSPON ADR NEW1,148$50.0K<0.1%History
SBUXStarbucks CorpStock578$49.0K<0.1%History
TERTeradyne, IncStock618$46.0K<0.1%History
MBUUMalibu Boats, Inc.COM CL A939$45.0K<0.1%History
ROPRoper Technologies IncStock113$41.0K<0.1%History
ELANElanco Animal Health IncCOM3,234$40.0K<0.1%History
ZTSZoetis Inc.Stock261$39.0K<0.1%History
ABTAbbott LaboratoriesStock390$38.0K<0.1%History
ALTRAltair Engineering Inc.COM CL A863$38.0K<0.1%History
ENSEnerSysCOM635$37.0K<0.1%History
CSCOCisco Systems, Inc.Stock907$36.0K<0.1%History
ECEcopetrol S.A.SPONSORED ADS3,995$36.0K<0.1%History
MGPIMGP Ingredients IncCOM326$35.0K<0.1%History
SYBTStock Yards Bancorp, Inc.COM482$33.0K<0.1%History
POOLPool CorpCOM103$33.0K<0.1%History
ABMDAbiomed IncCOM118$29.0K<0.1%History
LKFNLakeland Financial CorpCOM370$27.0K<0.1%History
Vanguard Whitehall FDS921946810INTL DVD ETF435$27.0K<0.1%–
PANWPalo Alto Networks IncStock156$26.0K<0.1%History
RGENRepligen CorpCOM135$25.0K<0.1%History
EXPOExponent IncCOM284$25.0K<0.1%History
REYNReynolds Consumer Products Inc.COM915$24.0K<0.1%History
IDXXIDEXX Laboratories IncCOM70$23.0K<0.1%History
OLLIOllie's Bargain Outlet Holdings, Inc.Stock428$22.0K<0.1%History
ADPAutomatic Data Processing IncStock92$21.0K<0.1%History
DISWalt Disney CoStock222$21.0K<0.1%History
WDAYWorkday, Inc.CL A140$21.0K<0.1%History
MCDMcDonalds CorpStock85$20.0K<0.1%History
APHAmphenol CorpCL A288$19.0K<0.1%History
GWREGuidewire Software, Inc.COM308$19.0K<0.1%History
CGNXCognex CorpCOM449$19.0K<0.1%History
TXNTexas Instruments IncStock115$18.0K<0.1%History
RMDResmed IncCOM81$18.0K<0.1%History
MNSTMonster Beverage CorpCOM204$18.0K<0.1%History
PGProcter & Gamble CoStock137$17.0K<0.1%History
MAMastercard IncStock59$17.0K<0.1%History
TJXTJX Companies IncStock274$17.0K<0.1%History
SLPSimulations Plus, Inc.COM353$17.0K<0.1%History
EAElectronic Arts Inc.COM143$17.0K<0.1%History
ANSSAnsys IncCOM78$17.0K<0.1%History
HPHelmerich & Payne, Inc.COM445$16.0K<0.1%History
APDAir Products & Chemicals, Inc.Stock66$15.0K<0.1%History
IPGPIpg Photonics CorpCOM179$15.0K<0.1%History
ATKRAtkore Inc.COM198$15.0K<0.1%History
EMREmerson Electric CoStock188$14.0K<0.1%History
VVisa Inc.Stock76$14.0K<0.1%History
APPFAppfolio IncCOM CL A138$14.0K<0.1%History
BKNGBooking Holdings Inc.Stock8$13.0K<0.1%History
EFXEquifax IncCOM78$13.0K<0.1%History
ELEstee Lauder Companies IncCL A58$13.0K<0.1%History
FIVEFive Below, IncCOM92$13.0K<0.1%History
ECLEcolab Inc.Stock84$12.0K<0.1%History
EBAYeBay IncCOM303$12.0K<0.1%History
JNJJohnson & JohnsonStock70$11.0K<0.1%History
MKTXMarketaxess Holdings IncCOM48$11.0K<0.1%History
LMATLemaitre Vascular IncCOM192$10.0K<0.1%History
AAONAaon, Inc.COM PAR $0.004188$10.0K<0.1%History
CABOCable One, Inc.COM10$9.00K<0.1%History
REGNRegeneron Pharmaceuticals, Inc.COM11$8.00K<0.1%History
PLNTPlanet Fitness, Inc.CL A119$7.00K<0.1%History
BIDUBaidu, Inc.ADR44$5.00K<0.1%History
WATWaters CorpCOM18$5.00K<0.1%History
iShares Tr464287572GLOBAL 100 ETF10$1.00K<0.1%–