Q4 2025 · 13F-HR
HARDING LOEVNER LPholdings as filed
Filed 2026-02-17 · accession 0000928196-26-000001
$11.37B
Reported value
76
Positions
2025-12-31
Period end
The Brief · HARDING LOEVNER LP · Q4 2025
AI · grounded in 13F
HARDING LOEVNER LP closed its position in SNPS, reducing its exposure by $118.5M. The fund established new positions in EFX for $69.7M and FN for $63.6M. Additionally, the fund trimmed its holdings in BHP and LIN by 99.1% and 98.9% respectively.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | $1.32B | 11.6% | 4,336,799 | Common | SOLE |
| 40415F101 | HDB | HDFC BANK LTD | $920.3M | 8.10% | 25,187,687 | Common | SOLE |
| 344419106 | FMX | FOMENTO ECONOMICO MEXICANO S | $599.8M | 5.28% | 5,934,259 | Common | SOLE |
| G2519Y108 | BAP | CREDICORP LTD | $408.0M | 3.59% | 1,421,564 | Common | SOLE |
| 58733R102 | MELI | MERCADOLIBRE INC | $396.0M | 3.48% | 196,516 | Common | SOLE |
| H01301128 | ALC | ALCON AG | $379.2M | 3.34% | 4,810,865 | Common | SOLE |
| 783513203 | RYAAY | RYANAIR HOLDINGS PLC | $358.5M | 3.15% | 4,966,655 | Common | SOLE |
| 64110W102 | NTES | NETEASE INC | $340.8M | 3.00% | 2,476,401 | Common | SOLE |
| N07059210 | ASML | ASML HOLDING N V | $323.2M | 2.84% | 301,762 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $314.9M | 2.77% | 1,005,928 | Common | SOLE |
| 653656108 | NICE | NICE LTD | $291.7M | 2.57% | 2,580,589 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $289.4M | 2.55% | 598,366 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $268.7M | 2.36% | 1,163,957 | Common | SOLE |
| 780259305 | SHEL | SHELL PLC | $222.6M | 1.96% | 3,029,364 | Common | SOLE |
| 136375102 | CNI | CANADIAN NATL RY CO | $211.9M | 1.86% | 2,143,651 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $205.4M | 1.81% | 311,238 | Common | SOLE |
| 81141R100 | SE | SEA LTD | $191.2M | 1.68% | 1,498,337 | Common | SOLE |
| 64110L106 | NFLX | NETFLIX INC | $180.4M | 1.59% | 1,924,053 | Common | SOLE |
| 835699307 | SONY | SONY GROUP CORP | $180.3M | 1.59% | 7,042,473 | Common | SOLE |
| 92532F100 | VRTX | VERTEX PHARMACEUTICALS INC | $177.7M | 1.56% | 391,865 | Common | SOLE |
| 09857L108 | BKNG | BOOKING HOLDINGS INC | $173.6M | 1.53% | 32,409 | Common | SOLE |
| 56501R106 | MFC | MANULIFE FINL CORP | $171.5M | 1.51% | 4,727,041 | Common | SOLE |
| 405552100 | HLN | HALEON PLC | $168.0M | 1.48% | 16,615,687 | Common | SOLE |
| 767204100 | RIO | RIO TINTO PLC | $164.4M | 1.45% | 2,053,870 | Common | SOLE |
| 05946K101 | BBVA | BANCO BILBAO VIZCAYA ARGENTA | $162.3M | 1.43% | 6,962,519 | Common | SOLE |
| 12572Q105 | CME | CME GROUP INC | $162.0M | 1.43% | 593,278 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $160.3M | 1.41% | 859,326 | Common | SOLE |
| 922042775 | VEU | VANGUARD INTL EQUITY INDEX F | $141.1M | 1.24% | 1,918,731 | Common | SOLE |
| 11135F101 | AVGO | BROADCOM INC | $136.3M | 1.20% | 393,763 | Common | SOLE |
| 743315103 | PGR | PROGRESSIVE CORP | $133.7M | 1.18% | 587,141 | Common | SOLE |
| 032095101 | APH | AMPHENOL CORP NEW | $129.0M | 1.13% | 954,359 | Common | SOLE |
| 892672106 | TW | TRADEWEB MKTS INC | $120.6M | 1.06% | 1,121,185 | Common | SOLE |
| 00724F101 | ADBE | ADOBE INC | $115.0M | 1.01% | 328,484 | Common | SOLE |
| G1151C101 | ACN | ACCENTURE PLC IRELAND | $109.9M | 0.97% | 409,515 | Common | SOLE |
| 372303206 | GMAB | GENMAB A/S | $103.9M | 0.91% | 3,370,143 | Common | SOLE |
| 715684106 | TLK | P T TELEKOMUNIKASI INDONESIA | $94.2M | 0.83% | 4,476,641 | Common | SOLE |
| 803054204 | SAP | SAP SE | $94.0M | 0.83% | 386,893 | Common | SOLE |
| 422806109 | HEI | HEICO CORP NEW | $92.0M | 0.81% | 284,395 | Common | SOLE |
| 031100100 | AME | AMETEK INC | $86.6M | 0.76% | 421,690 | Common | SOLE |
| 438516106 | HON | HONEYWELL INTL INC | $85.5M | 0.75% | 438,098 | Common | SOLE |
| 00287Y109 | ABBV | ABBVIE INC | $84.7M | 0.75% | 370,833 | Common | SOLE |
| 883556102 | TMO | THERMO FISHER SCIENTIFIC INC | $84.0M | 0.74% | 145,025 | Common | SOLE |
| 92826C839 | V | VISA INC | $84.0M | 0.74% | 239,587 | Common | SOLE |
| 66987V109 | NVS | NOVARTIS AG | $83.2M | 0.73% | 603,387 | Common | SOLE |
| 235851102 | DHR | DANAHER CORPORATION | $82.6M | 0.73% | 360,923 | Common | SOLE |
| 036752103 | ELV | ELEVANCE HEALTH INC FORMERLY | $77.4M | 0.68% | 220,725 | Common | SOLE |
| 478160104 | JNJ | JOHNSON & JOHNSON | $75.5M | 0.66% | 365,029 | Common | SOLE |
| 806857108 | SLB | SLB LIMITED | $71.0M | 0.62% | 1,850,343 | Common | SOLE |
| 294429105 | EFX | EQUIFAX INC | $69.7M | 0.61% | 321,343 | Common | SOLE |
| 244199105 | DE | DEERE & CO | $66.3M | 0.58% | 142,343 | Common | SOLE |
| G3323L100 | FN | FABRINET | $63.6M | 0.56% | 139,687 | Common | SOLE |
| 22160N109 | CSGP | COSTAR GROUP INC | $61.9M | 0.54% | 920,272 | Common | SOLE |
| 666807102 | NOC | NORTHROP GRUMMAN CORP | $51.2M | 0.45% | 89,814 | Common | SOLE |
| 047649108 | ATKR | ATKORE INC | $46.3M | 0.41% | 732,753 | Common | SOLE |
| 88339J105 | TTD | THE TRADE DESK INC | $41.7M | 0.37% | 1,098,217 | Common | SOLE |
| 464288240 | ACWX | ISHARES TR | $19.0M | 0.17% | 283,184 | Common | SOLE |
| 46429B598 | INDA | ISHARES TR | $13.7M | 0.12% | 253,039 | Common | SOLE |
| 88031M109 | TS | TENARIS S A | $12.0M | 0.11% | 311,282 | Common | SOLE |
| 921943858 | VEA | VANGUARD TAX-MANAGED FDS | $10.5M | 0.09% | 168,181 | Common | SOLE |
| 48581R205 | KSPI | KASPI KZ JSC | $9.6M | 0.08% | 123,009 | Common | SOLE |
| 465562106 | ITUB | ITAU UNIBANCO HLDG S A | $9.4M | 0.08% | 1,307,297 | Common | SOLE |
| 40090E106 | CIB | GRUPO CIBEST SA | $9.1M | 0.08% | 142,512 | Common | SOLE |
| 45104G104 | IBN | ICICI BANK LIMITED | $8.9M | 0.08% | 299,318 | Common | SOLE |
| 46434G772 | EWT | ISHARES INC | $8.9M | 0.08% | 139,760 | Common | SOLE |
| 464288257 | ACWI | ISHARES TR | $7.8M | 0.07% | 55,069 | Common | SOLE |
| L44385109 | GLOB | GLOBANT S A | $6.9M | 0.06% | 105,261 | Common | SOLE |
| 29414B104 | EPAM | EPAM SYS INC | $6.3M | 0.06% | 30,611 | Common | SOLE |
| 464287234 | EEM | ISHARES TR | $4.6M | 0.04% | 83,350 | Common | SOLE |
| 088606108 | BHP | BHP GROUP LTD | $4.2M | 0.04% | 70,086 | Common | SOLE |
| G54950103 | LIN | LINDE PLC | $4.2M | 0.04% | 9,786 | Common | SOLE |
| 464287465 | EFA | ISHARES TR | $1.8M | 0.02% | 19,020 | Common | SOLE |
| 464286772 | EWY | ISHARES INC | $1.4M | 0.01% | 14,060 | Common | SOLE |
| 921909768 | VXUS | VANGUARD STAR FDS | $1.3M | 0.01% | 16,692 | Common | SOLE |
| 922042742 | VT | VANGUARD INTL EQUITY INDEX F | $525,909 | 0.00% | 3,728 | Common | SOLE |
| 038222105 | AMAT | APPLIED MATLS INC | $207,946 | 0.00% | 809 | Common | SOLE |
| 464288885 | EFG | ISHARES TR | $204,372 | 0.00% | 1,794 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.