$17.6 Billion is the total value of HARDING LOEVNER LP's 74 reported holdings in Q1 2023. The portfolio turnover from Q4 2022 to Q1 2023 was 19.5% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| TSM | Buy | TAIWAN SEMICONDUCTOR MFG LTDsponsored ads | $997,183,547 | +34.5% | 10,721,787 | +7.7% | 5.68% | +32.9% |
| FMX | Sell | FOMENTO ECONOMICO MEXICANO Sspon adr units | $860,980,276 | +20.5% | 9,044,697 | -1.1% | 4.90% | +19.0% |
| SAP | Buy | SAP SEspon adr | $764,499,877 | +22.7% | 6,040,638 | +0.0% | 4.35% | +21.2% |
| BHP | Sell | BHP GROUP LTDsponsored ads | $735,298,547 | -14.3% | 11,597,371 | -16.1% | 4.19% | -15.3% |
| ALC | Sell | ALCON AG | $702,980,092 | +2.6% | 9,965,313 | -0.3% | 4.00% | +1.4% |
| HDB | Sell | HDFC BANK LTDsponsored ads | $686,731,986 | -24.5% | 10,300,233 | -22.5% | 3.91% | -25.4% |
| VRTX | Sell | VERTEX PHARMACEUTICALS INC | $575,531,374 | +8.3% | 1,826,624 | -0.8% | 3.28% | +7.0% |
| GOOGL | Sell | ALPHABET INCcap stk cl a | $528,058,406 | +16.8% | 5,090,686 | -0.7% | 3.01% | +15.3% |
| DE | Sell | DEERE & CO | $502,031,664 | -4.0% | 1,215,963 | -0.3% | 2.86% | -5.1% |
| FB | Sell | META PLATFORMS INCcl a | $389,245,799 | +75.1% | 1,836,523 | -0.5% | 2.22% | +73.0% |
| MSFT | Sell | MICROSOFT CORP | $387,208,439 | +1.0% | 1,343,054 | -16.0% | 2.20% | -0.2% |
| CNI | Buy | CANADIAN NATL RY CO | $365,303,498 | +0.3% | 3,096,557 | +1.1% | 2.08% | -1.0% |
| SNPS | Sell | SYNOPSYS INC | $354,815,796 | +17.8% | 918,633 | -2.6% | 2.02% | +16.4% |
| New | LINDE PLC | $348,688,417 | – | 981,005 | +100.0% | 1.98% | – | |
| IBN | Sell | ICICI BANK LIMITEDadr | $342,551,772 | -48.2% | 15,872,743 | -47.4% | 1.95% | -48.8% |
| ABEV | Buy | AMBEV SAsponsored adr | $342,109,382 | +3.9% | 121,310,335 | +0.2% | 1.95% | +2.6% |
| UNH | Sell | UNITEDHEALTH GROUP INC | $336,541,309 | -11.6% | 712,113 | -0.8% | 1.92% | -12.6% |
| ROK | Buy | ROCKWELL AUTOMATION INC | $333,933,210 | +38.5% | 1,137,967 | +21.6% | 1.90% | +36.9% |
| CME | Buy | CME GROUP INC | $321,678,590 | +81.5% | 1,679,620 | +59.4% | 1.83% | +79.3% |
| AMZN | Sell | AMAZON COM INC | $316,019,977 | +22.5% | 3,059,533 | -0.4% | 1.80% | +21.1% |
| TMO | Buy | THERMO FISHER SCIENTIFIC INC | $310,192,176 | +6.1% | 538,190 | +1.4% | 1.77% | +4.9% |
| AME | Sell | AMETEK INC | $300,383,760 | +0.9% | 2,066,916 | -2.9% | 1.71% | -0.3% |
| ACN | Sell | ACCENTURE PLC IRELAND | $280,415,648 | +6.2% | 981,147 | -0.9% | 1.60% | +4.9% |
| ASML | Sell | ASML HOLDING N V | $275,686,332 | +21.1% | 405,006 | -2.8% | 1.57% | +19.6% |
| NKE | Sell | NIKE INCcl b | $263,055,091 | +4.1% | 2,144,931 | -0.7% | 1.50% | +2.8% |
| CRM | Sell | SALESFORCE INC | $255,009,623 | +50.0% | 1,276,467 | -0.4% | 1.45% | +48.3% |
| ILMN | Sell | ILLUMINA INC | $253,438,286 | +14.4% | 1,089,880 | -0.5% | 1.44% | +13.1% |
| SLB | Sell | SCHLUMBERGER LTD | $248,670,684 | -8.8% | 5,064,711 | -0.7% | 1.42% | -9.9% |
| NFLX | Buy | NETFLIX INC | $223,394,123 | +89.6% | 646,634 | +61.8% | 1.27% | +87.3% |
| AVGO | Sell | BROADCOM INC | $218,206,645 | +13.7% | 340,134 | -0.9% | 1.24% | +12.4% |
| TW | Sell | TRADEWEB MKTS INCcl a | $217,967,066 | +20.8% | 2,758,487 | -0.7% | 1.24% | +19.3% |
| COST | Buy | COSTCO WHSL CORP NEW | $203,007,235 | +58.4% | 408,573 | +45.6% | 1.16% | +56.6% |
| ADBE | Sell | ADOBE SYSTEMS INCORPORATED | $199,930,192 | +13.7% | 518,821 | -0.7% | 1.14% | +12.2% |
| AAPL | Sell | APPLE INC | $198,003,250 | +1.0% | 1,200,745 | -20.4% | 1.13% | -0.3% |
| PINS | Sell | PINTEREST INCcl a | $196,834,915 | +11.5% | 7,218,560 | -0.7% | 1.12% | +10.1% |
| DHR | Sell | DANAHER CORPORATION | $193,750,294 | -5.8% | 768,737 | -0.8% | 1.10% | -6.9% |
| NVDA | Sell | NVIDIA CORPORATION | $190,971,289 | +83.3% | 687,517 | -3.6% | 1.09% | +81.2% |
| ABCM | Sell | ABCAM PLCads | $184,969,522 | -13.9% | 13,741,172 | -0.5% | 1.05% | -14.9% |
| ISRG | Sell | INTUITIVE SURGICAL INC | $175,387,136 | -4.4% | 686,484 | -0.7% | 1.00% | -5.6% |
| NOW | Sell | SERVICENOW INC | $174,338,740 | +19.0% | 375,156 | -0.6% | 0.99% | +17.5% |
| XP | Buy | XP INCcl a | $172,919,903 | -21.6% | 14,564,666 | +1.3% | 0.98% | -22.6% |
| RIO | Sell | RIO TINTO PLCsponsored adr | $169,897,668 | -4.0% | 2,477,842 | -0.3% | 0.97% | -5.2% |
| EW | Sell | EDWARDS LIFESCIENCES CORP | $167,683,009 | +10.0% | 2,026,826 | -0.8% | 0.96% | +8.8% |
| CSGP | Sell | COSTAR GROUP INC | $164,954,033 | -11.2% | 2,395,783 | -0.3% | 0.94% | -12.2% |
| Buy | SHELL PLCspon ads | $163,658,364 | +1.3% | 2,843,831 | +0.3% | 0.93% | +0.1% | |
| TTD | Sell | THE TRADE DESK INC | $163,599,126 | +35.1% | 2,685,907 | -0.6% | 0.93% | +33.4% |
| ABBV | New | ABBVIE INC | $160,532,334 | – | 1,007,317 | +100.0% | 0.91% | – |
| PYPL | Sell | PAYPAL HLDGS INC | $160,306,899 | +6.0% | 2,111,005 | -0.5% | 0.91% | +4.8% |
| AMAT | Sell | APPLIED MATLS INC | $157,242,831 | -13.9% | 1,280,209 | -31.8% | 0.90% | -15.0% |
| MFC | Buy | MANULIFE FINL CORP | $153,940,137 | +4.7% | 8,382,615 | +1.8% | 0.88% | +3.4% |
| BBVA | Buy | BANCO BILBAO VIZCAYA ARGENTAsponsored adr | $149,405,742 | +18.7% | 21,195,228 | +1.3% | 0.85% | +17.2% |
| TLK | Buy | P T TELEKOMUNIKASI INDONESIAsponsored adr | $131,116,382 | +16.6% | 4,807,323 | +2.0% | 0.75% | +15.1% |
| NOC | New | NORTHROP GRUMMAN CORP | $120,707,732 | – | 261,440 | +100.0% | 0.69% | – |
| BAP | Buy | CREDICORP LTD | $91,499,230 | +1401.4% | 691,134 | +1438.5% | 0.52% | +1388.6% |
| ZTO | Sell | ZTO EXPRESS CAYMAN INCsponsored ads a | $87,467,855 | +4.3% | 3,051,914 | -2.2% | 0.50% | +3.1% |
| TS | Sell | TENARIS S Asponsored ads | $80,177,367 | -21.4% | 2,821,160 | -2.8% | 0.46% | -22.4% |
| ITUB | Sell | ITAU UNIBANCO HLDG S Aspon adr rep pfd | $79,257,132 | -30.3% | 16,274,565 | -32.6% | 0.45% | -31.1% |
| EPAM | Sell | EPAM SYS INC | $78,989,222 | -29.9% | 264,178 | -23.2% | 0.45% | -30.7% |
| New | HALEON PLCspon ads | $79,006,949 | – | 9,706,013 | +100.0% | 0.45% | – | |
| BBD | Buy | BANCO BRADESCO S Asp adr pfd new | $63,490,856 | +122.0% | 24,233,151 | +144.1% | 0.36% | +118.8% |
| ETSY | Sell | ETSY INC | $50,461,527 | -60.1% | 453,319 | -57.1% | 0.29% | -60.6% |
| VEU | Sell | VANGUARD INTL EQUITY INDEX Fallwrld ex us | $45,146,722 | -57.9% | 844,337 | -60.5% | 0.26% | -58.4% |
| CIB | Sell | BANCOLOMBIA S Aspon adr pref | $35,606,647 | -17.9% | 1,416,898 | -6.8% | 0.20% | -18.8% |
| BABA | Sell | ALIBABA GROUP HLDG LTDsponsored ads | $25,526,199 | +15.9% | 249,816 | -0.1% | 0.14% | +14.2% |
| INDA | Sell | ISHARES TRmsci india etf | $23,337,371 | -8.1% | 592,921 | -2.6% | 0.13% | -8.9% |
| BSAC | Sell | BANCO SANTANDER CHILE NEW | $7,876,367 | +11.3% | 441,748 | -1.1% | 0.04% | +9.8% |
| YNDX | Buy | YANDEX N V | $6,476,080 | +3.1% | 7,915,880 | +0.2% | 0.04% | +2.8% |
| GMAB | Buy | GENMAB A/Ssponsored ads | $6,431,213 | +23.6% | 170,150 | +38.4% | 0.04% | +23.3% |
| ALGN | Sell | ALIGN TECHNOLOGY INC | $6,354,248 | -94.8% | 19,034 | -96.7% | 0.04% | -94.9% |
| ST | Buy | SENSATA TECHNOLOGIES HLDG PL | $3,610,143 | +27.4% | 72,174 | +2.8% | 0.02% | +31.2% |
| CLB | Buy | CORE LABORATORIES N V | $2,734,288 | +12.8% | 124,004 | +3.7% | 0.02% | +14.3% |
| ACWI | Sell | ISHARES TRmsci acwi etf | $2,277,351 | -73.6% | 24,981 | -75.4% | 0.01% | -74.0% |
| VEA | Sell | VANGUARD TAX-MANAGED FDSvan ftse dev mkt | $469,812 | -83.4% | 10,401 | -84.5% | 0.00% | -81.2% |
| SAN | BANCO SANTANDER S.A.adr | $181,592 | +25.1% | 49,212 | 0.0% | 0.00% | 0.0% | |
| VT | Exit | VANGUARD INTL EQUITY INDEX Ftt wrld st etf | $0 | – | -3,839 | -100.0% | -0.00% | – |
| CHKP | Exit | CHECK POINT SOFTWARE TECH LTord | $0 | – | -6,338 | -100.0% | -0.01% | – |
| EFA | Exit | ISHARES TRmsci eafe etf | $0 | – | -42,567 | -100.0% | -0.02% | – |
| EFG | Exit | ISHARES TReafe grwth etf | $0 | – | -36,646 | -100.0% | -0.02% | – |
| ACWX | Exit | ISHARES TRmsci acwi ex us | $0 | – | -595,745 | -100.0% | -0.16% | – |
| ASR | Exit | GRUPO AEROPORTUARIO DEL SUREspon adr ser b | $0 | – | -190,475 | -100.0% | -0.26% | – |
| LIN | Exit | LINDE PLC | $0 | – | -334,056 | -100.0% | -0.63% | – |
| WOPEY | Exit | WOODSIDE ENERGY GROUP LTDsponsored adr | $0 | – | -5,055,919 | -100.0% | -0.70% | – |
| VRSK | Exit | VERISK ANALYTICS INC | $0 | – | -838,580 | -100.0% | -0.85% | – |
| LULU | Exit | LULULEMON ATHLETICA INC | $0 | – | -563,139 | -100.0% | -1.04% | – |
| SIVB | Exit | SVB FINANCIAL GROUP | $0 | – | -1,186,039 | -100.0% | -1.57% | – |
| FRC | Exit | FIRST REP BK SAN FRANCISCO C | $0 | – | -3,285,248 | -100.0% | -2.31% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2023-05-15
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.