HARDING LOEVNER LP

All Holdings — 2026 Q1

AI Portfolio Summary
In 2026 Q1, HARDING LOEVNER LP maintained a portfolio of 79 distinct positions. The most significant new addition to the portfolio was REINSURANCE GROUP AM, which now represents 1.46% of the total fund value. They heavily accumulated shares in RYANAIR HOLDINGS PLC, increasing their position by 24.6%. The fund also reduced its exposure to CME GROUP INC by 43.0%.
PCA Score Concentration Risk
Risk ENB
Total Positions
79
Quarter
2026 Q1
Top Holding
TSM (12.2%)
Top 10 Concentration
45.5%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-50 of 79
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
TSM
TAIWAN SEMICOND...
Technology 12.18% 11.60% #1
Prev: #1
6.5 -835,730 -19.3%
P
S
3,501,069 $1,183,484,466
$25.35 +1237.3%
$337.95 +0.3%
1999 Q1 13F Filing 2026-03-31 2026-05-15
FMX
FOMENTO ECONOMI...
Consumer Defensive 6.35% 5.28% #2 1
Prev: #3
4.5 -375,503 -6.3%
P
S
5,558,756 $617,384,763
$65.27 +73.1%
$109.33 +3.3%
1999 Q1 13F Filing 2026-03-31 2026-05-15
BAP
CREDICORP LTD
Financial Services 4.63% 3.59% #3 1
Prev: #4
3.4 -96,045 -6.8%
P
S
1,325,519 $449,567,867
$120.74 +181.6%
$339.18 +0.2%
1999 Q1 13F Filing 2026-03-31 2026-05-15
HDB
HDFC BANK LTD
Financial Services 3.80% 8.10% #4 2
Prev: #2
2.0 -10,330,130 -41.0%
P
S
14,857,557 $369,672,838 1999 Q1 13F Filing 2026-03-31 2026-05-15
RYAAY
RYANAIR HOLDING...
Industrials 3.68% 3.15% #5 2
Prev: #7
4.5 1,223,697 24.6%
P
S
6,190,352 $357,778,045 1999 Q1 13F Filing 2026-03-31 2026-05-15
MELI
MERCADOLIBRE IN...
Consumer Cyclical 3.32% 3.48% #6 1
Prev: #5
1.8 -10,017 -5.1%
P
S
186,499 $322,565,077 1999 Q1 13F Filing 2026-03-31 2026-05-15
CNI
CANADIAN NATL R...
Industrials 3.01% 1.86% #7 8
Prev: #15
3.7 697,809 32.6%
P
S
2,841,460 $292,069,562 1999 Q1 13F Filing 2026-03-31 2026-05-15
ASML
ASML HLDG NV
Technology 2.94% 2.84% #8 1
Prev: #9
1.2 -85,453 -28.3%
P
S
216,309 $285,838,982 1999 Q1 13F Filing 2026-03-31 2026-05-15
NICE
NICE LTD
Technology 2.87% 2.57% #9 2
Prev: #11
1.6 -47,343 -1.8%
P
S
2,533,246 $279,272,933 1999 Q1 13F Filing 2026-03-31 2026-05-15
SHEL
SHELL PLC
Energy 2.74% 1.96% #10 4
Prev: #14
1.6 -163,936 -5.4%
P
S
2,865,428 $266,406,159 1999 Q1 13F Filing 2026-03-31 2026-05-15
GOOGL
ALPHABET INC
Communication Services 2.69% 2.77% #11 1
Prev: #10
1.6 -97,623 -9.7%
P
S
908,305 $261,243,900 1999 Q1 13F Filing 2026-03-31 2026-05-15
NTES
NETEASE COM INC
Communication Services 2.68% 3.00% #12 4
Prev: #8
1.6 -152,633 -6.2%
P
S
2,323,768 $260,126,820 1999 Q1 13F Filing 2026-03-31 2026-05-15
AMZN
AMAZON COM INC
Consumer Cyclical 2.41% 2.36% #13
Prev: #13
1.5 -40,060 -3.4%
P
S
1,123,897 $234,126,160 1999 Q1 13F Filing 2026-03-31 2026-05-15
NVDA
NVIDIA CORPORAT...
Technology 2.28% 1.41% #14 13
Prev: #27
3.4 412,390 48.0%
P
S
1,271,716 $221,837,547 1999 Q1 13F Filing 2026-03-31 2026-05-15
MSFT
MICROSOFT CORP
Technology 2.06% 2.55% #15 3
Prev: #12
1.3 -57,802 -9.7%
P
S
540,564 $200,130,066 1999 Q1 13F Filing 2026-03-31 2026-05-15
RIO
RIO TINTO PLC
Basic Materials 1.89% 1.45% #16 8
Prev: #24
1.3 -82,643 -4.0%
P
S
1,971,227 $183,951,017 1999 Q1 13F Filing 2026-03-31 2026-05-15
NFLX
NETFLIX INC.
ETF 1.84% 1.59% #17 1
Prev: #18
1.2 -61,480 -3.2%
P
S
1,862,573 $179,080,935 1999 Q1 13F Filing 2026-03-31 2026-05-15
META
META PLATFORMS ...
Communication Services 1.75% 1.81% #18 2
Prev: #16
1.2 -13,529 -4.3%
P
S
297,709 $170,357,832 1999 Q1 13F Filing 2026-03-31 2026-05-15
HLN
HALEON PLC
Healthcare 1.62% 1.48% #19 4
Prev: #23
1.1 -903,137 -5.4%
P
S
15,712,550 $157,233,830 1999 Q1 13F Filing 2026-03-31 2026-05-15
MFC
MANULIFE FINL C...
Financial Services 1.59% 1.51% #20 2
Prev: #22
1.1 -247,340 -5.2%
P
S
4,479,701 $154,372,224 1999 Q1 13F Filing 2026-03-31 2026-05-15
RGA
REINSURANCE GRO...
Financial Services 1.46% #21
Prev: #—
4.1 696,797 no change
NEW
696,797 $142,263,066 2017 Q2 13F Filing 2026-03-31 2026-05-15
VRTX
VERTEX PHARMACE...
Healthcare 1.44% 1.56% #22 2
Prev: #20
1.1 -78,319 -20.0%
P
S
313,546 $140,009,344 1999 Q1 13F Filing 2026-03-31 2026-05-15
BBVA
BANCO BILBAO VI...
Financial Services 1.43% 1.43% #23 2
Prev: #25
1.1 -567,010 -8.1%
P
S
6,395,509 $138,539,219 1999 Q1 13F Filing 2026-03-31 2026-05-15
SONY
SONY GROUP CORP
Technology 1.41% 1.59% #24 5
Prev: #19
1.1 -405,766 -5.8%
P
S
6,636,707 $137,350,346 1999 Q1 13F Filing 2026-03-31 2026-05-15
TW
TRADEWEB MKTS I...
Financial Services 1.31% 1.06% #25 7
Prev: #32
1.0 -36,116 -3.2%
P
S
1,085,069 $127,664,829 1999 Q1 13F Filing 2026-03-31 2026-05-15
AVGO
BROADCOM INC
Technology 1.21% 1.20% #26 3
Prev: #29
1.0 -12,371 -3.1%
P
S
381,392 $118,075,601 1999 Q1 13F Filing 2026-03-31 2026-05-15
SE
SEA LTD
Consumer Cyclical 1.17% 1.68% #27 10
Prev: #17
1.0 -130,229 -8.7%
P
S
1,368,108 $113,301,681 1999 Q1 13F Filing 2026-03-31 2026-05-15
PGR
PROGRESSIVE COR...
Financial Services 1.16% 1.18% #28 2
Prev: #30
1.0 -16,617 -2.8%
P
S
570,524 $113,104,356 1999 Q1 13F Filing 2026-03-31 2026-05-15
APH
AMPHENOL CORP
Technology 1.16% 1.13% #29 2
Prev: #31
1.0 -61,645 -6.5%
P
S
892,714 $112,812,789 1999 Q1 13F Filing 2026-03-31 2026-05-15
VEU
VANGUARD INTL E...
ETF 1.08% 1.24% #30 2
Prev: #28
0.4 -519,357 -27.1%
P
S
1,399,374 $105,094,504 1999 Q1 13F Filing 2026-03-31 2026-05-15
V
VISA INC
Financial Services 1.03% 0.74% #31 12
Prev: #43
2.9 91,369 38.1%
P
S
330,956 $100,032,112 1999 Q1 13F Filing 2026-03-31 2026-05-15
CME
CME GROUP INC
Financial Services 1.03% 1.43% #32 6
Prev: #26
0.4 -255,021 -43.0%
P
S
338,257 $99,902,959 1999 Q1 13F Filing 2026-03-31 2026-05-15
SLB
SLB LIMITED
Energy 1.00% 0.62% #33 15
Prev: #48
0.9 42,470 2.3%
P
S
1,892,813 $97,279,055 1999 Q1 13F Filing 2026-03-31 2026-05-15
HON
HONEYWELL INTL ...
Industrials 0.95% 0.75% #34 6
Prev: #40
0.9 -29,913 -6.8%
P
S
408,185 $92,258,225 1999 Q1 13F Filing 2026-03-31 2026-05-15
NVS
NOVARTIS AG
Healthcare 0.92% 0.73% #35 9
Prev: #44
0.9 -19,132 -3.2%
P
S
584,255 $89,230,406 1999 Q1 13F Filing 2026-03-31 2026-05-15
GMAB
GENMAB A/S
Healthcare 0.89% 0.91% #36 1
Prev: #35
0.9 -138,542 -4.1%
P
S
3,231,601 $86,704,217 1999 Q1 13F Filing 2026-03-31 2026-05-15
JNJ
JOHNSON & JOHNS...
Healthcare 0.89% 0.66% #37 10
Prev: #47
0.9 -12,229 -3.4%
P
S
352,800 $86,234,557 1999 Q1 13F Filing 2026-03-31 2026-05-15
AME
AMETEK INC
Industrials 0.84% 0.76% #38 1
Prev: #39
0.8 -42,985 -10.2%
P
S
378,705 $81,184,735 1999 Q1 13F Filing 2026-03-31 2026-05-15
AZNCF
ASTRAZENECA PLC
Unknown 0.83% #39
Prev: #—
3.8 410,787 no change
NEW
410,787 $80,451,143 2026 Q1 13F Filing 2026-03-31 2026-05-15
HEI
HEICO CORP NEW
Industrials 0.81% 0.81% #40 2
Prev: #38
0.8 3,278 1.2%
P
S
287,673 $78,879,758 1999 Q1 13F Filing 2026-03-31 2026-05-15
BKNG
BOOKING HOLDING...
Consumer Cyclical 0.81% 1.53% #41 20
Prev: #21
0.3 -13,770 -42.5%
P
S
18,639 $78,476,154 1999 Q1 13F Filing 2026-03-31 2026-05-15
TLK
TELEKOMUNIKASI ...
Communication Services 0.81% 0.83% #42 6
Prev: #36
0.8 -277,340 -6.2%
P
S
4,199,301 $78,404,640 1999 Q1 13F Filing 2026-03-31 2026-05-15
ABBV
ABBVIE INC
Healthcare 0.80% 0.75% #43 2
Prev: #41
0.8 -13,017 -3.5%
P
S
357,816 $77,816,642 1999 Q1 13F Filing 2026-03-31 2026-05-15
ACN
ACCENTURE PLC I...
Technology 0.79% 0.97% #44 10
Prev: #34
0.8 -20,047 -4.9%
P
S
389,468 $77,221,704 1999 Q1 13F Filing 2026-03-31 2026-05-15
ADBE
ADOBE INC
Technology 0.79% 1.01% #45 12
Prev: #33
0.8 -13,850 -4.2%
P
S
314,634 $76,482,652 1999 Q1 13F Filing 2026-03-31 2026-05-15
DE
DEERE & CO
Industrials 0.77% 0.58% #46 4
Prev: #50
0.8 -10,089 -7.1%
P
S
132,254 $74,502,611 1999 Q1 13F Filing 2026-03-31 2026-05-15
NVT
NVENT ELEC PLC
Industrials 0.76% #47
Prev: #—
3.8 624,667 no change
NEW
624,667 $73,897,235 2026 Q1 13F Filing 2026-03-31 2026-05-15
FN
FABRINET
Technology 0.74% 0.56% #48 3
Prev: #51
0.8 -1,813 -1.3%
P
S
137,874 $71,921,353 1999 Q1 13F Filing 2026-03-31 2026-05-15
TMO
THERMO FISHER S...
Healthcare 0.71% 0.74% #49 7
Prev: #42
0.8 -5,234 -3.6%
P
S
139,791 $68,711,907 1999 Q1 13F Filing 2026-03-31 2026-05-15
DHR
DANAHER CORP DE...
Healthcare 0.67% 0.73% #50 5
Prev: #45
0.8 -15,325 -4.2%
P
S
345,598 $65,523,276 1999 Q1 13F Filing 2026-03-31 2026-05-15
Showing 1-50 of 79 holdings

Unlock Full HARDING LOEVNER LP Analysis

PRO subscribers get access to all historical quarters, Excel/CSV exports, Portfolio Concentration Analytics (PCA), and Risk-Based ENB.

Full Historical Quarters
Excel & CSV Export
PCA & Risk-Based ENB
Auto Cost Basis
Position Change Alerts
Price-Held Analytics