13F HOLDINGS REPORT
HARDING LOEVNER LP
Quarter ended Q1 2025 · Filed May 15, 2025 · Accession 0001085146-25-003211
Total Value
$13.06B
Positions
67
Other Managers
0
Confidential Omitted
No
Holdings (67)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | HDFC BANK LTD | HDB | 14,524,682 | $965.2M | 7.39% |
| 2 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 5,749,962 | $954.6M | 7.31% |
| 3 | ALCON AG | ALC | 7,124,512 | $676.4M | 5.18% |
| 4 | SAP SE | SAPGF | 2,513,151 | $674.8M | 5.17% |
| 5 | FOMENTO ECONOMICO MEXICANO S | 344419106 | 5,629,246 | $549.3M | 4.21% |
| 6 | LINDE PLC | LIN | 977,508 | $455.1M | 3.49% |
| 7 | MERCADOLIBRE INC | MELI | 233,109 | $454.9M | 3.48% |
| 8 | BHP GROUP LTD | BHPLF | 8,186,318 | $397.4M | 3.04% |
| 9 | MICROSOFT CORP | MSFT | 950,332 | $356.8M | 2.73% |
| 10 | NETFLIX INC | NFLX | 379,530 | $354.0M | 2.71% |
| 11 | ALPHABET INC | GOOG | 2,275,415 | $351.9M | 2.69% |
| 12 | AMAZON COM INC | AMZN | 1,822,293 | $346.7M | 2.65% |
| 13 | VERTEX PHARMACEUTICALS INC | VRTX | 698,459 | $338.6M | 2.59% |
| 14 | CREDICORP LTD | BAP | 1,633,379 | $304.1M | 2.33% |
| 15 | META PLATFORMS INC | META | 472,246 | $272.2M | 2.08% |
| 16 | ZTO EXPRESS CAYMAN INC | ZTOEF | 13,207,572 | $262.0M | 2.01% |
| 17 | UNITEDHEALTH GROUP INC | UNH | 487,113 | $255.1M | 1.95% |
| 18 | SONY GROUP CORP | SNEJF | 9,830,162 | $249.6M | 1.91% |
| 19 | CME GROUP INC | CME | 929,364 | $246.6M | 1.89% |
| 20 | SHELL PLC | RYDAF | 3,356,126 | $245.8M | 1.88% |
| 21 | HALEON PLC | HLNCF | 23,071,921 | $237.5M | 1.82% |
| 22 | CANADIAN NATL RY CO | 136375102 | 2,395,464 | $233.5M | 1.79% |
| 23 | MANULIFE FINL CORP | 56501R106 | 7,408,865 | $230.8M | 1.77% |
| 24 | ACCENTURE PLC IRELAND | ACN | 706,308 | $220.4M | 1.69% |
| 25 | DEERE & CO | DE | 444,558 | $208.7M | 1.60% |
| 26 | THERMO FISHER SCIENTIFIC INC | TMO | 416,581 | $207.3M | 1.59% |
| 27 | SALESFORCE INC | CRM | 739,580 | $198.5M | 1.52% |
| 28 | TRADEWEB MKTS INC | 892672106 | 1,251,101 | $185.7M | 1.42% |
| 29 | ASML HOLDING N V | ASMLF | 274,611 | $182.0M | 1.39% |
| 30 | BOOKING HOLDINGS INC | BKNG | 34,236 | $157.7M | 1.21% |
| 31 | BROADCOM INC | AVGO | 904,519 | $151.5M | 1.16% |
| 32 | BANCO BILBAO VIZCAYA ARGENTA | BBVXF | 9,040,700 | $123.2M | 0.94% |
| 33 | ABBVIE INC | ABBV | 582,555 | $122.1M | 0.93% |
| 34 | RIO TINTO PLC | RTNTF | 1,972,601 | $118.5M | 0.91% |
| 35 | HEICO CORP NEW | HEI-A | 435,563 | $116.4M | 0.89% |
| 36 | DANAHER CORPORATION | 235851102 | 560,664 | $114.9M | 0.88% |
| 37 | COSTAR GROUP INC | CSGP | 1,440,099 | $114.1M | 0.87% |
| 38 | SERVICENOW INC | NOW | 128,441 | $102.3M | 0.78% |
| 39 | GLOBANT S A | GLOB | 868,378 | $102.2M | 0.78% |
| 40 | APPLIED MATLS INC | 038222105 | 703,180 | $102.0M | 0.78% |
| 41 | AMETEK INC | AME | 567,396 | $97.7M | 0.75% |
| 42 | THE TRADE DESK INC | 88339J105 | 1,755,971 | $96.1M | 0.74% |
| 43 | AMPHENOL CORP NEW | 032095101 | 1,416,441 | $92.9M | 0.71% |
| 44 | ADOBE INC | ADBE | 235,456 | $90.3M | 0.69% |
| 45 | SYNOPSYS INC | SNPS | 193,040 | $82.8M | 0.63% |
| 46 | ATKORE INC | ATKR | 1,297,033 | $77.8M | 0.60% |
| 47 | HONEYWELL INTL INC | 438516106 | 366,014 | $77.5M | 0.59% |
| 48 | NORTHROP GRUMMAN CORP | NOC | 148,378 | $76.0M | 0.58% |
| 49 | NVIDIA CORPORATION | NVDA | 698,672 | $75.7M | 0.58% |
| 50 | SCHLUMBERGER LTD | SLB | 1,797,092 | $75.1M | 0.58% |
| 51 | P T TELEKOMUNIKASI INDONESIA | 715684106 | 4,462,466 | $65.9M | 0.50% |
| 52 | GENMAB A/S | GNMSF | 2,880,826 | $56.4M | 0.43% |
| 53 | VANGUARD INTL EQUITY INDEX F | 922042775 | 922,513 | $56.0M | 0.43% |
| 54 | TENARIS S A | 88031M109 | 595,646 | $23.3M | 0.18% |
| 55 | KASPI KZ JSC | 48581R205 | 186,307 | $17.3M | 0.13% |
| 56 | ITAU UNIBANCO HLDG S A | 465562106 | 2,230,545 | $12.3M | 0.09% |
| 57 | EPAM SYS INC | EPAM | 50,566 | $8.5M | 0.07% |
| 58 | ISHARES TR | 46429B598 | 157,699 | $8.1M | 0.06% |
| 59 | BANCOLOMBIA S A | 05968L102 | 183,661 | $7.4M | 0.06% |
| 60 | NETEASE INC | NETTF | 70,471 | $7.3M | 0.06% |
| 61 | ALIBABA GROUP HLDG LTD | BBAAY | 33,058 | $4.4M | 0.03% |
| 62 | ISHARES TR | 464288257 | 34,592 | $4.0M | 0.03% |
| 63 | ICICI BANK LIMITED | IBN | 81,791 | $2.6M | 0.02% |
| 64 | ISHARES TR | 464287465 | 18,607 | $1.5M | 0.01% |
| 65 | VANGUARD TAX-MANAGED FDS | 921943858 | 26,157 | $1.3M | 0.01% |
| 66 | ISHARES TR | 464288885 | 8,990 | $899,000 | 0.01% |
| 67 | AMBEV SA | ABEV | 38,686 | $90,137 | 0.00% |