Q2 2025 · 13F-HR
HARDING LOEVNER LPholdings as filed
Filed 2025-08-14 · accession 0001085146-25-005092
$14.86B
Reported value
68
Positions
2025-06-30
Period end
The Brief · HARDING LOEVNER LP · Q2 2025
AI · grounded in 13F
HARDING LOEVNER LP established a new position in TSM valued at $1.27B. The fund also initiated new stakes in HDB for $1.09B and SAP for $750M. Additional new positions included ALC, MELI, and FMX.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | $1.27B | 8.56% | 5,614,431 | Common | SOLE |
| 40415F101 | HDB | HDFC BANK LTD | $1.09B | 7.30% | 14,156,272 | Common | SOLE |
| 803054204 | SAP | SAP SE | $749.7M | 5.04% | 2,465,593 | Common | SOLE |
| H01301128 | ALC | ALCON AG | $618.6M | 4.16% | 7,007,181 | Common | SOLE |
| 58733R102 | MELI | MERCADOLIBRE INC | $584.7M | 3.93% | 223,680 | Common | SOLE |
| 344419106 | FMX | FOMENTO ECONOMICO MEXICANO S | $556.9M | 3.75% | 5,408,814 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $482.7M | 3.25% | 970,400 | Common | SOLE |
| G54950103 | LIN | LINDE PLC | $445.0M | 2.99% | 948,412 | Common | SOLE |
| 64110L106 | NFLX | NETFLIX INC | $410.6M | 2.76% | 306,655 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $408.4M | 2.75% | 2,317,026 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $406.8M | 2.74% | 1,854,371 | Common | SOLE |
| 088606108 | BHP | BHP GROUP LTD | $381.5M | 2.57% | 7,932,302 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $355.0M | 2.39% | 480,942 | Common | SOLE |
| G2519Y108 | BAP | CREDICORP LTD | $352.7M | 2.37% | 1,577,714 | Common | SOLE |
| 64110W102 | NTES | NETEASE INC | $347.6M | 2.34% | 2,582,636 | Common | SOLE |
| 92532F100 | VRTX | VERTEX PHARMACEUTICALS INC | $316.8M | 2.13% | 711,611 | Common | SOLE |
| 892672106 | TW | TRADEWEB MKTS INC | $261.0M | 1.76% | 1,782,816 | Common | SOLE |
| 12572Q105 | CME | CME GROUP INC | $261.0M | 1.76% | 946,808 | Common | SOLE |
| 783513203 | RYAAY | RYANAIR HOLDINGS PLC | $253.1M | 1.70% | 4,387,970 | Common | SOLE |
| 835699307 | SONY | SONY GROUP CORP | $250.6M | 1.69% | 9,631,000 | Common | SOLE |
| 136375102 | CNI | CANADIAN NATL RY CO | $241.9M | 1.63% | 2,325,177 | Common | SOLE |
| 405552100 | HLN | HALEON PLC | $233.8M | 1.57% | 22,551,041 | Common | SOLE |
| 780259305 | SHEL | SHELL PLC | $233.3M | 1.57% | 3,312,679 | Common | SOLE |
| 244199105 | DE | DEERE & CO | $231.1M | 1.55% | 454,468 | Common | SOLE |
| N07059210 | ASML | ASML HOLDING N V | $221.5M | 1.49% | 276,554 | Common | SOLE |
| 98980A105 | ZTO | ZTO EXPRESS CAYMAN INC | $218.8M | 1.47% | 12,321,785 | Common | SOLE |
| 11135F101 | AVGO | BROADCOM INC | $210.9M | 1.42% | 764,985 | Common | SOLE |
| 09857L108 | BKNG | BOOKING HOLDINGS INC | $202.2M | 1.36% | 34,926 | Common | SOLE |
| 56501R106 | MFC | MANULIFE FINL CORP | $196.1M | 1.32% | 6,137,932 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $161.1M | 1.08% | 1,019,781 | Common | SOLE |
| 422806109 | HEI | HEICO CORP NEW | $145.0M | 0.98% | 442,150 | Common | SOLE |
| 871607107 | SNPS | SYNOPSYS INC | $144.4M | 0.97% | 281,564 | Common | SOLE |
| 032095101 | APH | AMPHENOL CORP NEW | $142.6M | 0.96% | 1,443,477 | Common | SOLE |
| 00724F101 | ADBE | ADOBE INC | $139.3M | 0.94% | 360,066 | Common | SOLE |
| 05946K101 | BBVA | BANCO BILBAO VIZCAYA ARGENTA | $136.4M | 0.92% | 8,868,895 | Common | SOLE |
| 81762P102 | NOW | SERVICENOW INC | $134.2M | 0.90% | 130,575 | Common | SOLE |
| 038222105 | AMAT | APPLIED MATLS INC | $130.4M | 0.88% | 712,217 | Common | SOLE |
| 88339J105 | TTD | THE TRADE DESK INC | $129.0M | 0.87% | 1,791,295 | Common | SOLE |
| G1151C101 | ACN | ACCENTURE PLC IRELAND | $128.3M | 0.86% | 429,388 | Common | SOLE |
| 22160N109 | CSGP | COSTAR GROUP INC | $118.0M | 0.79% | 1,467,080 | Common | SOLE |
| 235851102 | DHR | DANAHER CORPORATION | $112.8M | 0.76% | 570,834 | Common | SOLE |
| 767204100 | RIO | RIO TINTO PLC | $111.1M | 0.75% | 1,903,949 | Common | SOLE |
| 00287Y109 | ABBV | ABBVIE INC | $110.0M | 0.74% | 592,388 | Common | SOLE |
| 031100100 | AME | AMETEK INC | $104.6M | 0.70% | 577,923 | Common | SOLE |
| 92826C839 | V | VISA INC | $100.1M | 0.67% | 281,841 | Common | SOLE |
| 047649108 | ATKR | ATKORE INC | $94.4M | 0.64% | 1,338,162 | Common | SOLE |
| 743315103 | PGR | PROGRESSIVE CORP | $93.3M | 0.63% | 349,554 | Common | SOLE |
| 883556102 | TMO | THERMO FISHER SCIENTIFIC INC | $93.1M | 0.63% | 229,531 | Common | SOLE |
| 478160104 | JNJ | JOHNSON & JOHNSON | $88.5M | 0.60% | 579,182 | Common | SOLE |
| 438516106 | HON | HONEYWELL INTL INC | $86.7M | 0.58% | 372,417 | Common | SOLE |
| 715684106 | TLK | P T TELEKOMUNIKASI INDONESIA | $85.0M | 0.57% | 5,015,102 | Common | SOLE |
| 806857108 | SLB | SCHLUMBERGER LTD | $77.9M | 0.52% | 2,305,795 | Common | SOLE |
| 666807102 | NOC | NORTHROP GRUMMAN CORP | $75.6M | 0.51% | 151,207 | Common | SOLE |
| L44385109 | GLOB | GLOBANT S A | $69.9M | 0.47% | 769,843 | Common | SOLE |
| 372303206 | GMAB | GENMAB A/S | $60.4M | 0.41% | 2,923,439 | Common | SOLE |
| 79466L302 | CRM | SALESFORCE INC | $49.0M | 0.33% | 179,859 | Common | SOLE |
| 922042775 | VEU | VANGUARD INTL EQUITY INDEX F | $43.6M | 0.29% | 649,338 | Common | SOLE |
| 66987V109 | NVS | NOVARTIS AG | $37.9M | 0.26% | 313,527 | Common | SOLE |
| 88031M109 | TS | TENARIS S A | $16.9M | 0.11% | 450,593 | Common | SOLE |
| 48581R205 | KSPI | KASPI KZ JSC | $12.8M | 0.09% | 151,360 | Common | SOLE |
| 465562106 | ITUB | ITAU UNIBANCO HLDG S A | $11.9M | 0.08% | 1,747,688 | Common | SOLE |
| 46429B598 | INDA | ISHARES TR | $8.8M | 0.06% | 157,699 | Common | SOLE |
| 40090E106 | CIB | GRUPO CIBEST SA | $8.8M | 0.06% | 189,494 | Common | SOLE |
| 29414B104 | EPAM | EPAM SYS INC | $7.2M | 0.05% | 40,538 | Common | SOLE |
| 45104G104 | IBN | ICICI BANK LIMITED | $2.6M | 0.02% | 76,478 | Common | SOLE |
| 464288257 | ACWI | ISHARES TR | $1.8M | 0.01% | 14,287 | Common | SOLE |
| 921943858 | VEA | VANGUARD TAX-MANAGED FDS | $1.3M | 0.01% | 23,578 | Common | SOLE |
| 464287465 | EFA | ISHARES TR | $282,356 | 0.00% | 3,158 | 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.