Q1 2026 · 13F-HR
HARDING LOEVNER LPholdings as filed
Filed 2026-05-15 · accession 0000928196-26-000002
$9.72B
Reported value
73
Positions
2026-03-31
Period end
The Brief · HARDING LOEVNER LP · Q1 2026
AI · grounded in 13F
HARDING LOEVNER LP established a new position in RGA valued at $142.3M. The fund also initiated new stakes in AZN for $80.5M and NVT for $73.9M. On the sell side, the fund nearly exited its position in ALC, reducing shares by 99.5%. Other notable reductions include trimming holdings in BKNG by 42.5% and HDB by 41%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | $1.18B | 12.2% | 3,501,069 | Common | SOLE |
| 344419106 | FMX | FOMENTO ECONOMICO MEXICANO S | $617.4M | 6.35% | 5,558,756 | Common | SOLE |
| G2519Y108 | BAP | CREDICORP LTD | $449.6M | 4.63% | 1,325,519 | Common | SOLE |
| 40415F101 | HDB | HDFC BANK LTD | $369.7M | 3.80% | 14,857,557 | Common | SOLE |
| 783513203 | RYAAY | RYANAIR HOLDINGS PLC | $357.8M | 3.68% | 6,190,352 | Common | SOLE |
| 58733R102 | MELI | MERCADOLIBRE INC | $322.6M | 3.32% | 186,499 | Common | SOLE |
| 136375102 | CNI | CANADIAN NATL RY CO | $292.1M | 3.01% | 2,841,460 | Common | SOLE |
| N07059210 | ASML | ASML HLDG NV | $285.8M | 2.94% | 216,309 | Common | SOLE |
| 653656108 | NICE | NICE LTD | $279.3M | 2.87% | 2,533,246 | Common | SOLE |
| 780259305 | SHEL | SHELL PLC | $266.4M | 2.74% | 2,865,428 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $261.2M | 2.69% | 908,305 | Common | SOLE |
| 64110W102 | NTES | NETEASE COM INC | $260.1M | 2.68% | 2,323,768 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $234.1M | 2.41% | 1,123,897 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $221.8M | 2.28% | 1,271,716 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $200.1M | 2.06% | 540,564 | Common | SOLE |
| 767204100 | RIO | RIO TINTO PLC | $184.0M | 1.89% | 1,971,227 | Common | SOLE |
| 64110L106 | NFLX | NETFLIX INC. | $179.1M | 1.84% | 1,862,573 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $170.4M | 1.75% | 297,709 | Common | SOLE |
| 405552100 | HLN | HALEON PLC | $157.2M | 1.62% | 15,712,550 | Common | SOLE |
| 56501R106 | MFC | MANULIFE FINL CORP | $154.4M | 1.59% | 4,479,701 | Common | SOLE |
| 759351604 | RGA | REINSURANCE GROUP AMER INC | $142.3M | 1.46% | 696,797 | Common | SOLE |
| 92532F100 | VRTX | VERTEX PHARMACEUTICALS INC | $140.0M | 1.44% | 313,546 | Common | SOLE |
| 05946K101 | BBVA | BANCO BILBAO VIZCAYA ARGENTA | $138.5M | 1.43% | 6,395,509 | Common | SOLE |
| 835699307 | SONY | SONY GROUP CORP | $137.4M | 1.41% | 6,636,707 | Common | SOLE |
| 892672106 | TW | TRADEWEB MKTS INC | $127.7M | 1.31% | 1,085,069 | Common | SOLE |
| 11135F101 | AVGO | BROADCOM INC | $118.1M | 1.21% | 381,392 | Common | SOLE |
| 81141R100 | SE | SEA LTD | $113.3M | 1.17% | 1,368,108 | Common | SOLE |
| 743315103 | PGR | PROGRESSIVE CORP | $113.1M | 1.16% | 570,524 | Common | SOLE |
| 032095101 | APH | AMPHENOL CORP | $112.8M | 1.16% | 892,714 | Common | SOLE |
| 922042775 | VEU | VANGUARD INTL EQUITY INDEX F | $105.1M | 1.08% | 1,399,374 | Common | SOLE |
| 92826C839 | V | VISA INC | $100.0M | 1.03% | 330,956 | Common | SOLE |
| 12572Q105 | CME | CME GROUP INC | $99.9M | 1.03% | 338,257 | Common | SOLE |
| 806857108 | SLB | SLB LIMITED | $97.3M | 1.00% | 1,892,813 | Common | SOLE |
| 438516106 | HON | HONEYWELL INTL INC | $92.3M | 0.95% | 408,185 | Common | SOLE |
| 66987V109 | NVS | NOVARTIS AG | $89.2M | 0.92% | 584,255 | Common | SOLE |
| 372303206 | GMAB | GENMAB A/S | $86.7M | 0.89% | 3,231,601 | Common | SOLE |
| 478160104 | JNJ | JOHNSON & JOHNSON | $86.2M | 0.89% | 352,800 | Common | SOLE |
| 031100100 | AME | AMETEK INC | $81.2M | 0.84% | 378,705 | Common | SOLE |
| G0593M107 | AZN | ASTRAZENECA PLC | $80.5M | 0.83% | 410,787 | Common | SOLE |
| 422806109 | HEI | HEICO CORP NEW | $78.9M | 0.81% | 287,673 | Common | SOLE |
| 09857L108 | BKNG | BOOKING HOLDINGS INC | $78.5M | 0.81% | 18,639 | Common | SOLE |
| 715684106 | TLK | TELEKOMUNIKASI IND | $78.4M | 0.81% | 4,199,301 | Common | SOLE |
| 00287Y109 | ABBV | ABBVIE INC | $77.8M | 0.80% | 357,816 | Common | SOLE |
| G1151C101 | ACN | ACCENTURE PLC IRELAND | $77.2M | 0.79% | 389,468 | Common | SOLE |
| 00724F101 | ADBE | ADOBE INC | $76.5M | 0.79% | 314,634 | Common | SOLE |
| 244199105 | DE | DEERE & CO | $74.5M | 0.77% | 132,254 | Common | SOLE |
| G6700G107 | NVT | NVENT ELEC PLC | $73.9M | 0.76% | 624,667 | Common | SOLE |
| G3323L100 | FN | FABRINET | $71.9M | 0.74% | 137,874 | Common | SOLE |
| 883556102 | TMO | THERMO FISHER SCIENTIFIC INC | $68.7M | 0.71% | 139,791 | Common | SOLE |
| 235851102 | DHR | DANAHER CORP DEL | $65.5M | 0.67% | 345,598 | Common | SOLE |
| 036752103 | ELV | ELEVANCE HEALTH INC FORMERLY | $62.0M | 0.64% | 211,839 | Common | SOLE |
| 803054204 | SAP | SAP SE | $61.5M | 0.63% | 359,225 | Common | SOLE |
| 294429105 | EFX | EQUIFAX INC | $58.5M | 0.60% | 325,008 | Common | SOLE |
| 666807102 | NOC | NORTHROP GRUMMAN CORP | $54.9M | 0.56% | 80,430 | Common | SOLE |
| 047649108 | ATKR | ATKORE INC | $41.5M | 0.43% | 704,862 | Common | SOLE |
| 88339J105 | TTD | THE TRADE DESK INC | $24.3M | 0.25% | 1,069,565 | Common | SOLE |
| 88031M109 | TS | TENARIS S A | $17.0M | 0.18% | 292,858 | Common | SOLE |
| 464288257 | ACWI | ISHARES TR | $13.2M | 0.14% | 95,512 | Common | SOLE |
| 465562106 | ITUB | ITAU UNIBANCO HLDG S A | $10.3M | 0.11% | 1,233,594 | Common | SOLE |
| 40090E106 | CIB | GRUPO CIBEST SA | $9.3M | 0.10% | 127,105 | Common | SOLE |
| 48581R205 | KSPI | KASPI KZ JSC | $8.8M | 0.09% | 118,947 | Common | SOLE |
| 46429B598 | INDA | ISHARES TR | $6.8M | 0.07% | 146,069 | Common | SOLE |
| 29414B104 | EPAM | EPAM SYS INC | $5.0M | 0.05% | 36,763 | Common | SOLE |
| 088606108 | BHP | BHP BILLITON LIMITED | $3.2M | 0.03% | 44,656 | Common | SOLE |
| 464288240 | ACWX | ISHARES TR | $3.0M | 0.03% | 44,490 | Common | SOLE |
| G54950103 | LIN | LINDE PLC | $2.7M | 0.03% | 5,502 | Common | SOLE |
| 45104G104 | IBN | ICICI BANK LIMITED | $1.9M | 0.02% | 72,269 | Common | SOLE |
| H01301128 | ALC | ALCON AG | $1.7M | 0.02% | 22,645 | Common | SOLE |
| 921943858 | VEA | VANGUARD TAX-MANAGED FDS | $1.6M | 0.02% | 25,456 | Common | SOLE |
| L44385109 | GLOB | GLOBANT S A | $995,930 | 0.01% | 21,599 | Common | SOLE |
| 464287465 | EFA | ISHARES TR | $383,894 | 0.00% | 3,952 | Common | SOLE |
| 464288885 | EFG | ISHARES TR | $360,393 | 0.00% | 3,236 | Common | SOLE |
| 922042742 | VT | VANGUARD INTL EQUITY INDEX F | $227,185 | 0.00% | 1,642 | 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.