$21.3 Billion is the total value of HARDING LOEVNER LP's 132 reported holdings in Q1 2019. The portfolio turnover from Q4 2018 to Q1 2019 was 10.8% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| CHKP | Buy | CHECK POINT SOFTWARE TECH LTord | $1,096,332,000 | +27.0% | 8,667,342 | +3.1% | 5.15% | +3.1% |
| TSM | Buy | TAIWAN SEMICONDUCTOR MFG LTDsponsored ads | $968,752,000 | +24.3% | 23,651,165 | +12.0% | 4.55% | +1.0% |
| BABA | Buy | ALIBABA GROUP HLDG LTDsponsored ads | $944,486,000 | +55.1% | 5,176,685 | +16.5% | 4.44% | +25.9% |
| SAP | Buy | SAP SEspon adr | $874,312,000 | +40.0% | 7,572,423 | +20.7% | 4.11% | +13.7% |
| BIDU | Buy | BAIDU INCspon adr rep a | $872,324,000 | +7.4% | 5,291,625 | +3.4% | 4.10% | -12.8% |
| ITUB | Sell | ITAU UNIBANCO HLDG SAspon adr rep pfd | $742,244,000 | -18.6% | 84,198,077 | -15.6% | 3.49% | -33.9% |
| PYPL | Buy | PAYPAL HLDGS INC | $685,977,000 | +25.0% | 6,606,095 | +1.2% | 3.22% | +1.5% |
| IBN | Buy | ICICI BK LTDadr | $647,038,000 | +13.3% | 56,385,148 | +1.6% | 3.04% | -8.0% |
| YNDX | Buy | YANDEX N V | $595,812,000 | +27.7% | 17,350,380 | +1.7% | 2.80% | +3.7% |
| CNI | Sell | CANADIAN NATL RY CO | $578,123,000 | +0.3% | 6,460,915 | -17.0% | 2.72% | -18.6% |
| ABEV | Buy | AMBEV SAsponsored adr | $555,668,000 | +68.4% | 129,225,093 | +53.5% | 2.61% | +36.7% |
| ROP | Buy | ROPER TECHNOLOGIES INC | $555,350,000 | +31.7% | 1,623,971 | +2.6% | 2.61% | +6.9% |
| HDB | Buy | HDFC BANK LTDsponsored ads | $533,172,000 | +23.0% | 4,614,987 | +10.3% | 2.50% | -0.1% |
| CHL | Buy | CHINA MOBILE LIMITEDsponsored adr | $513,897,000 | +8352.3% | 10,078,373 | +7857.0% | 2.41% | +6797.1% |
| FMX | Buy | FOMENTO ECONOMICO MEXICANO Sspon adr units | $473,362,000 | +24.5% | 5,129,623 | +16.1% | 2.22% | +1.0% |
| SLB | Sell | SCHLUMBERGER LTD | $469,831,000 | +20.5% | 10,783,357 | -0.2% | 2.21% | -2.2% |
| GOOGL | Buy | ALPHABET INCcap stk cl a | $443,557,000 | +943638.3% | 376,889 | +837431.1% | 2.08% | – |
| FRC | Buy | FIRST REP BK SAN FRANCISCO C | $430,147,000 | +18.7% | 4,281,777 | +2.7% | 2.02% | -3.6% |
| VRSK | Buy | VERISK ANALYTICS INC | $428,219,000 | +25.1% | 3,219,691 | +2.6% | 2.01% | +1.6% |
| BKNG | Buy | BOOKING HLDGS INC | $412,694,000 | +22.9% | 236,513 | +21.3% | 1.94% | -0.2% |
| GRFS | Buy | GRIFOLS S Asp adr rep b nvt | $356,436,000 | +12.6% | 17,724,292 | +2.8% | 1.68% | -8.6% |
| MA | Buy | MASTERCARD INCcl a | $343,673,000 | +27.9% | 1,459,645 | +2.5% | 1.62% | +3.9% |
| EPAM | Buy | EPAM SYS INC | $335,940,000 | +58.2% | 1,986,282 | +8.5% | 1.58% | +28.4% |
| REGN | Buy | REGENERON PHARMACEUTICALS | $287,156,000 | +12.9% | 699,322 | +2.7% | 1.35% | -8.3% |
| CEO | Buy | CNOOC LTDsponsored adr | $284,183,000 | +22.8% | 1,529,842 | +0.8% | 1.34% | -0.3% |
| BBD | Buy | BANCO BRADESCO S Asp adr pfd new | $279,690,000 | +11.8% | 25,636,139 | +1.3% | 1.31% | -9.3% |
| NKE | Buy | NIKE INCcl b | $278,681,000 | +16.6% | 3,309,364 | +2.7% | 1.31% | -5.4% |
| JOBS | Sell | 51JOB INCsponsored ads | $263,660,000 | +9.0% | 3,385,471 | -12.6% | 1.24% | -11.5% |
| AAPL | Buy | APPLE INC | $260,307,000 | +21.3% | 1,370,398 | +0.7% | 1.22% | -1.5% |
| BAP | Buy | CREDICORP LTD | $257,008,000 | +8.8% | 1,071,090 | +0.5% | 1.21% | -11.7% |
| AMZN | Buy | AMAZON COM INC | $246,612,000 | +21.6% | 138,488 | +2.6% | 1.16% | -1.2% |
| WAT | Buy | WATERS CORP | $246,320,000 | +37.0% | 978,584 | +2.7% | 1.16% | +11.1% |
| NVDA | Sell | NVIDIA CORP | $230,060,000 | -18.5% | 1,281,244 | -39.4% | 1.08% | -33.8% |
| WBC | Buy | WABCO HLDGS INC | $227,382,000 | +26.1% | 1,724,811 | +2.7% | 1.07% | +2.3% |
| CIB | Buy | BANCOLOMBIA S Aspon adr pref | $224,688,000 | +35.2% | 4,400,466 | +0.9% | 1.06% | +9.8% |
| XOM | Buy | EXXON MOBIL CORP | $218,183,000 | +94.1% | 2,700,288 | +63.8% | 1.02% | +57.7% |
| ABT | Buy | ABBOTT LABS | $209,664,000 | +13.4% | 2,622,771 | +2.6% | 0.98% | -7.9% |
| TS | Sell | TENARIS S Asponsored ads | $196,091,000 | -46.3% | 6,941,272 | -59.4% | 0.92% | -56.4% |
| CL | Buy | COLGATE PALMOLIVE CO | $183,098,000 | +18.3% | 2,671,404 | +2.8% | 0.86% | -3.9% |
| MSFT | Buy | MICROSOFT CORP | $182,909,000 | +20.1% | 1,550,862 | +3.4% | 0.86% | -2.5% |
| DEO | New | DIAGEO P L Cspon adr new | $174,072,000 | – | 1,063,948 | +100.0% | 0.82% | – |
| LIN | Buy | LINDE PLC | $173,922,000 | +13.4% | 1,034,981 | +5.3% | 0.82% | -7.9% |
| ASR | Sell | GRUPO AEROPORTUARIO DEL SUREspon adr ser b | $171,706,000 | +7.3% | 1,061,489 | -0.1% | 0.81% | -12.9% |
| BBVA | Buy | BANCO BILBAO VIZCAYA ARGENTAsponsored adr | $171,849,000 | +32.9% | 29,991,107 | +22.7% | 0.81% | +7.9% |
| CTRP | Buy | CTRIP COM INTL LTDsponsored ads | $166,999,000 | +62.9% | 3,822,357 | +0.9% | 0.78% | +32.4% |
| DIS | Buy | DISNEY WALT CO | $166,811,000 | +3.8% | 1,502,400 | +2.5% | 0.78% | -15.7% |
| UL | Sell | UNILEVER PLCspon adr new | $164,061,000 | +9.7% | 2,842,367 | -0.7% | 0.77% | -10.9% |
| CTSH | Buy | COGNIZANT TECHNOLOGY SOLUTIOcl a | $158,778,000 | +17.4% | 2,191,554 | +2.9% | 0.75% | -4.7% |
| CGNX | Buy | COGNEX CORP | $158,572,000 | +35.4% | 3,117,822 | +2.9% | 0.74% | +9.9% |
| WBA | Buy | WALGREENS BOOTS ALLIANCE INC | $157,031,000 | -5.0% | 2,481,933 | +2.6% | 0.74% | -22.8% |
| IPGP | Buy | IPG PHOTONICS CORP | $154,584,000 | +37.7% | 1,018,473 | +2.8% | 0.73% | +11.9% |
| EBAY | Buy | EBAY INC | $152,081,000 | +36.3% | 4,094,800 | +3.0% | 0.71% | +10.5% |
| ILMN | Buy | ILLUMINA INC | $149,226,000 | +828933.3% | 480,306 | +800410.0% | 0.70% | – |
| RDSB | Sell | ROYAL DUTCH SHELL PLCspon adr b | $144,250,000 | -46.8% | 2,255,655 | -50.1% | 0.68% | -56.8% |
| SIVB | Buy | SVB FINL GROUP | $143,555,000 | +20.1% | 645,596 | +2.6% | 0.67% | -2.6% |
| VRTX | Buy | VERTEX PHARMACEUTICALS INC | $138,338,000 | +1257518.2% | 752,044 | +1089818.8% | 0.65% | – |
| MMM | Buy | 3M CO | $135,470,000 | +11.9% | 651,988 | +2.6% | 0.64% | -9.1% |
| CBD | Buy | COMPANHIA BRASILEIRA DE DISTspn adr pfd cl a | $107,158,000 | +12.9% | 4,602,997 | +0.7% | 0.50% | -8.4% |
| HSBC | Buy | HSBC HLDGS PLCspon adr new | $98,298,000 | +4.2% | 2,501,756 | +9.0% | 0.46% | -15.4% |
| WB | Sell | WEIBO CORPsponsored adr | $88,510,000 | -51.3% | 1,427,815 | -54.1% | 0.42% | -60.4% |
| SSL | Buy | SASOL LTDsponsored adr | $85,345,000 | +9.4% | 2,758,405 | +3.6% | 0.40% | -11.1% |
| TV | Sell | GRUPO TELEVISA SAspon adr rep ord | $85,452,000 | -19.5% | 7,726,206 | -8.4% | 0.40% | -34.7% |
| BSAC | Sell | BANCO SANTANDER CHILE NEW | $82,038,000 | -8.4% | 2,757,585 | -7.9% | 0.38% | -25.7% |
| JD | Buy | JD COM INCspon adr cl a | $72,642,000 | +45.7% | 2,409,350 | +1.1% | 0.34% | +18.4% |
| EC | Sell | ECOPETROL S Asponsored ads | $16,389,000 | +30.6% | 764,409 | -3.3% | 0.08% | +5.5% |
| BMA | Sell | BANCO MACRO SAspon adr b | $7,243,000 | -85.1% | 158,276 | -85.6% | 0.03% | -87.9% |
| GGAL | Sell | GRUPO FINANCIERO GALICIA S Asponsored adr | $6,248,000 | -12.7% | 244,831 | -5.6% | 0.03% | -29.3% |
| LOMA | Sell | LOMA NEGRA CORPsponsored ads | $4,132,000 | -2.3% | 377,386 | -0.7% | 0.02% | -20.8% |
| TEO | Sell | TELECOM ARGENTINA S Aspon adr rep b | $3,881,000 | -11.5% | 265,828 | -5.7% | 0.02% | -28.0% |
| UNH | New | UNITEDHEALTH GROUP INC | $3,706,000 | – | 14,990 | +100.0% | 0.02% | – |
| CLB | Buy | CORE LABORATORIES N V | $2,963,000 | +51.7% | 42,982 | +31.3% | 0.01% | +27.3% |
| UGP | Sell | ULTRAPAR PARTICIPACOES S A | $2,337,000 | -15.6% | 195,546 | -4.3% | 0.01% | -31.2% |
| ST | Buy | SENSATA TECHNOLOGIES HLDNG P | $605,000 | +6.1% | 13,434 | +5.6% | 0.00% | 0.0% |
| KOF | Buy | COCA COLA FEMSA S A B DE C Vspon adr rep l | $341,000 | +270.7% | 5,171 | +240.2% | 0.00% | +100.0% |
| PG | PROCTER AND GAMBLE CO | $163,000 | +13.2% | 1,569 | 0.0% | 0.00% | 0.0% | |
| ALL | ALLSTATE CORP | $288,000 | +13.8% | 3,058 | 0.0% | 0.00% | 0.0% | |
| ANTM | ANTHEM INC | $230,000 | +9.5% | 800 | 0.0% | 0.00% | 0.0% | |
| FB | Buy | FACEBOOK INCcl a | $176,000 | +402.9% | 1,058 | +291.9% | 0.00% | – |
| ITW | ILLINOIS TOOL WKS INC | $115,000 | +13.9% | 800 | 0.0% | 0.00% | 0.0% | |
| JNJ | JOHNSON & JOHNSON | $112,000 | +8.7% | 800 | 0.0% | 0.00% | 0.0% | |
| EDU | Sell | NEW ORIENTAL ED & TECH GRP Ispon adr | $134,000 | +27.6% | 1,492 | -22.0% | 0.00% | 0.0% |
| VEU | Sell | VANGUARD INTL EQUITY INDEX Fallwrld ex us | $216,000 | -99.8% | 4,310 | -99.8% | 0.00% | -99.8% |
| ASML | Buy | ASML HOLDING N V | $109,000 | +29.8% | 582 | +7.8% | 0.00% | – |
| ABC | Sell | AMERISOURCEBERGEN CORP | $10,000 | -100.0% | 130 | -100.0% | 0.00% | -100.0% |
| MCD | MCDONALDS CORP | $74,000 | +7.2% | 390 | 0.0% | 0.00% | – | |
| NBL | NOBLE ENERGY INC | $40,000 | +33.3% | 1,600 | 0.0% | 0.00% | – | |
| LULU | LULULEMON ATHLETICA INC | $48,000 | +37.1% | 290 | 0.0% | 0.00% | – | |
| KSU | KANSAS CITY SOUTHERN | $40,000 | +21.2% | 341 | 0.0% | 0.00% | – | |
| JPM | JPMORGAN CHASE & CO | $30,000 | +3.4% | 295 | 0.0% | 0.00% | – | |
| PRU | PRUDENTIAL FINL INC | $42,000 | +10.5% | 460 | 0.0% | 0.00% | – | |
| RHT | RED HAT INC | $22,000 | +4.8% | 120 | 0.0% | 0.00% | – | |
| IQV | IQVIA HLDGS INC | $14,000 | +16.7% | 100 | 0.0% | 0.00% | – | |
| RGA | REINSURANCE GRP OF AMERICA I | $62,000 | +1.6% | 437 | 0.0% | 0.00% | – | |
| RMD | New | RESMED INC | $70,000 | – | 672 | +100.0% | 0.00% | – |
| ROL | ROLLINS INC | $34,000 | +17.2% | 816 | 0.0% | 0.00% | – | |
| IDXX | IDEXX LABS INC | $16,000 | +23.1% | 70 | 0.0% | 0.00% | – | |
| HP | HELMERICH & PAYNE INC | $23,000 | +15.0% | 407 | 0.0% | 0.00% | – | |
| HEI | HEICO CORP NEW | $41,000 | +20.6% | 434 | 0.0% | 0.00% | – | |
| CRM | SALESFORCE COM INC | $21,000 | +16.7% | 130 | 0.0% | 0.00% | – | |
| HCSG | Sell | HEALTHCARE SVCS GRP INC | $36,000 | -21.7% | 1,095 | -3.7% | 0.00% | – |
| GWRE | Sell | GUIDEWIRE SOFTWARE INC | $36,000 | +12.5% | 374 | -5.6% | 0.00% | – |
| IT | GARTNER INC | $78,000 | +18.2% | 513 | 0.0% | 0.00% | – | |
| SBNY | Buy | SIGNATURE BK NEW YORK N Y | $86,000 | +45.8% | 671 | +17.1% | 0.00% | – |
| SNPS | Sell | SYNOPSYS INC | $70,000 | +32.1% | 605 | -4.7% | 0.00% | – |
| EXPO | EXPONENT INC | $10,000 | +11.1% | 175 | 0.0% | 0.00% | – | |
| ENS | Sell | ENERSYS | $31,000 | -20.5% | 481 | -4.4% | 0.00% | – |
| ECA | Buy | ENCANA CORP | $52,000 | +57.6% | 7,239 | +27.7% | 0.00% | – |
| TXN | TEXAS INSTRS INC | $12,000 | +20.0% | 110 | 0.0% | 0.00% | – | |
| TMO | THERMO FISHER SCIENTIFIC INC | $16,000 | +23.1% | 60 | 0.0% | 0.00% | – | |
| EMR | EMERSON ELEC CO | $13,000 | +18.2% | 185 | 0.0% | 0.00% | – | |
| TIF | TIFFANY & CO NEW | $64,000 | +30.6% | 608 | 0.0% | 0.00% | – | |
| ECL | ECOLAB INC | $71,000 | +20.3% | 400 | 0.0% | 0.00% | – | |
| DE | DEERE & CO | $32,000 | +6.7% | 200 | 0.0% | 0.00% | – | |
| DHR | Sell | DANAHER CORPORATION | $43,000 | -30.6% | 327 | -46.0% | 0.00% | – |
| NOW | Exit | SERVICENOW INC | $0 | – | -78 | -100.0% | 0.00% | – |
| CSCO | CISCO SYS INC | $46,000 | +24.3% | 845 | 0.0% | 0.00% | – | |
| CHD | Sell | CHURCH & DWIGHT INC | $7,000 | -22.2% | 94 | -31.4% | 0.00% | – |
| V | VISA INC | $41,000 | +20.6% | 260 | 0.0% | 0.00% | – | |
| CVS | CVS HEALTH CORP | $47,000 | -17.5% | 870 | 0.0% | 0.00% | – | |
| BWA | Buy | BORGWARNER INC | $30,000 | +36.4% | 792 | +27.7% | 0.00% | – |
| BSMX | BANCO SANTANDER MEXICO S Asponsored ads b | $69,000 | +9.5% | 10,152 | 0.0% | 0.00% | – | |
| AVY | AVERY DENNISON CORP | $68,000 | +25.9% | 600 | 0.0% | 0.00% | – | |
| WDAY | WORKDAY INCcl a | $27,000 | +22.7% | 140 | 0.0% | 0.00% | – | |
| ZTS | ZOETIS INCcl a | $38,000 | +15.2% | 380 | 0.0% | 0.00% | – | |
| ADP | AUTOMATIC DATA PROCESSING IN | $67,000 | +21.8% | 418 | 0.0% | 0.00% | – | |
| ANSS | ANSYS INC | $14,000 | +27.3% | 78 | 0.0% | 0.00% | – | |
| APH | AMPHENOL CORP NEWcl a | $66,000 | +15.8% | 700 | 0.0% | 0.00% | – | |
| RIG | TRANSOCEAN LTD | $2,000 | 0.0% | 218 | 0.0% | 0.00% | – | |
| TSCO | Exit | TRACTOR SUPPLY CO | $0 | – | -729 | -100.0% | 0.00% | – |
| APD | AIR PRODS & CHEMS INC | $61,000 | +19.6% | 320 | 0.0% | 0.00% | – | |
| ADBE | ADOBE INC | $24,000 | +20.0% | 90 | 0.0% | 0.00% | – | |
| FISV | Exit | FISERV INC | $0 | – | -900 | -100.0% | 0.00% | – |
| MTD | METTLER TOLEDO INTERNATIONAL | $22,000 | +29.4% | 30 | 0.0% | 0.00% | – | |
| MRK | MERCK & CO INC | $73,000 | +9.0% | 880 | 0.0% | 0.00% | – | |
| NTES | New | NETEASE INCsponsored adr | $75,000 | – | 311 | +100.0% | 0.00% | – |
| NVS | Exit | NOVARTIS A Gsponsored adr | $0 | – | -1,750 | -100.0% | -0.00% | – |
| VEA | Exit | VANGUARD TAX MANAGED INTL FDftse dev mkt etf | $0 | – | -3,037 | -100.0% | -0.00% | – |
| TAL | Exit | TAL ED GROUPsponsored ads | $0 | – | -3,598 | -100.0% | -0.00% | – |
| EFG | Exit | ISHARES TReafe grwth etf | $0 | – | -10,864 | -100.0% | -0.00% | – |
| EFA | Exit | ISHARES TRmsci eafe etf | $0 | – | -26,917 | -100.0% | -0.01% | – |
| FMS | Exit | FRESENIUS MED CARE AG&CO KGAsponsored adr | $0 | – | -201,548 | -100.0% | -0.04% | – |
| SCZ | Exit | ISHARES TReafe sml cp etf | $0 | – | -169,417 | -100.0% | -0.05% | – |
| ACWX | Exit | ISHARES TRmsci acwi ex us | $0 | – | -970,936 | -100.0% | -0.24% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2019-05-15
Signatures
The EDGAR filing(s) were signed by:
Top long-term holdings
| Name | Quarters owned | Latest quarter owned | Max weighting |
|---|---|---|---|
| TAIWAN SEMICONDUCTOR MFG LTD | 42 | Q3 2023 | 6.8% |
| SAP SE | 42 | Q3 2023 | 5.1% |
| SCHLUMBERGER LTD | 42 | Q3 2023 | 6.5% |
| ITAU UNIBANCO HLDG SA | 42 | Q3 2023 | 5.5% |
| ICICI BK LTD | 42 | Q3 2023 | 5.3% |
| CANADIAN NATL RY CO | 42 | Q3 2023 | 3.6% |
| NIKE INC | 42 | Q3 2023 | 3.9% |
| FOMENTO ECONOMICO MEXICANO S | 42 | Q3 2023 | 5.6% |
| MICROSOFT CORP | 42 | Q3 2023 | 3.1% |
| TENARIS S A | 42 | Q3 2023 | 3.9% |
View HARDING LOEVNER LP's complete holdings history.
Latest significant ownerships (13-D/G)
| Filed | Shares | Percentage | |
|---|---|---|---|
| Proto Labs IncSold out | February 14, 2022 | 0 | 0.0% |
| Copa Holdings, S.A. | February 16, 2021 | 1,317,632 | 4.2% |
| Yandex N.V. | February 16, 2021 | 11,056,148 | 3.5% |
| 51JOB, INC. | February 14, 2020 | 2,968,175 | 4.5% |
| SOUTHEAST AIRPORT GROUP | February 14, 2019 | 11,037,520 | 4.0% |
| WEIBO Corp | February 14, 2019 | 2,260,078 | 1.9% |
| SVB FINANCIAL GROUP | February 12, 2018 | 1,483,343 | 2.8% |
View HARDING LOEVNER LP's complete significant-ownership history.
Latest filings
| Type | Filed |
|---|---|
| 13F-HR | 2024-02-14 |
| SC 13G/A | 2024-01-12 |
| 13F-HR | 2023-11-14 |
| 13F-HR | 2023-08-14 |
| 13F-HR | 2023-05-15 |
| 13F-HR | 2023-02-14 |
| SC 13G/A | 2023-02-14 |
| 13F-HR | 2022-11-14 |
| 13F-HR | 2022-08-15 |
| 13F-HR | 2022-05-16 |
View HARDING LOEVNER LP's complete filings history.
All filings
- Holdings (13F-HR)
- Significant ownership (13-D/G)
- Insider transactions (4, 5, 6)
- Events (8-K)
- Shareholder votes (proxy)
View complete filings history.