# Harding Loevner LP: Form 13F holdings

An institutional investment manager in Bridgewater, NJ. SEC CIK 928196.

- Quarter ended: 2026-06-30
- Filed: 2026-08-14
- Reported value: $10.64bn
- Positions: 82 (82 lines in the filing's table; lines for the same security and option type are added together here)
- Compared with: the 13F for the quarter ended 2026-03-31
- Filing: https://www.sec.gov/Archives/edgar/data/928196/000092819626000003/

## Holdings

As filed, largest first. Reported value is what the manager stated at the quarter end (Jun 30, 2026), in US dollars; it is filing data, not a price. Weight is the share of the total reported value.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [TAIWAN SEMICONDUCTOR MANUFAC (TSM)](/companies/tsm.md) | SPONSORED ADS | $1.35bn | 12.7% | 2,884,195 |  | Reduced −616,874 |
| SPOTIFY TECHNOLOGY S A | SHS | $741.5m | 7.0% | 1,598,173 |  | New +1,598,173 |
| [FOMENTO ECONOMICO MEXICANO S (FMX)](/companies/fmx.md) | SPON ADR UNITS | $688.7m | 6.5% | 5,383,731 |  | Reduced −175,025 |
| [CANADIAN NATL RY CO (CNI)](/companies/cni.md) | COM | $648.4m | 6.1% | 5,390,831 |  | Added +2,549,371 |
| CREDICORP LTD | COM | $500.4m | 4.7% | 1,278,788 |  | Reduced −46,731 |
| [RYANAIR HOLDINGS PLC (RYAAY)](/companies/ryaay.md) | SPONSORED ADR | $381.4m | 3.6% | 5,951,510 |  | Reduced −238,842 |
| [MERCADOLIBRE INC (MELI)](/companies/meli.md) | COM | $318.1m | 3.0% | 184,269 |  | Reduced −2,230 |
| [SEA LTD (SE)](/companies/se.md) | SPONSORD ADS | $311.0m | 2.9% | 3,198,265 |  | Added +1,830,157 |
| [NETEASE COM INC (NTES)](/companies/ntes.md) | SPONSORED ADS | $291.4m | 2.7% | 2,258,205 |  | Reduced −65,563 |
| [HDFC BANK LTD (HDB)](/companies/hdb.md) | SPONSORED ADS | $286.9m | 2.7% | 11,208,475 |  | Reduced −3,649,082 |
| ASML HLDG NV | N Y REGISTRY SHS | $281.6m | 2.6% | 154,841 |  | Reduced −61,468 |
| [SHELL PLC (SHEL)](/companies/shel.md) | SPON ADS | $237.4m | 2.2% | 2,810,624 |  | Reduced −54,804 |
| [MANULIFE FINL CORP (MFC)](/companies/mfc.md) | COM | $236.7m | 2.2% | 5,575,714 |  | Added +1,096,013 |
| [NICE LTD (NICE)](/companies/nice.md) | SPONSORED ADR | $233.5m | 2.2% | 2,523,392 |  | Reduced −9,854 |
| [ALPHABET INC (GOOGL)](/companies/googl.md) | CAP STK CL A | $232.0m | 2.2% | 649,331 |  | Reduced −258,974 |
| [NVIDIA CORPORATION (NVDA)](/companies/nvda.md) | COM | $225.3m | 2.1% | 1,125,966 |  | Reduced −145,750 |
| [BANCO BILBAO VIZCAYA ARGENTA (BBVA)](/companies/bbva.md) | SPONSORED ADR | $222.2m | 2.1% | 8,391,515 |  | Added +1,996,006 |
| [AMAZON COM INC (AMZN)](/companies/amzn.md) | COM | $207.5m | 2.0% | 870,587 |  | Reduced −253,310 |
| [RIO TINTO PLC (RIO)](/companies/rio.md) | SPONSORED ADR | $186.1m | 1.8% | 1,941,326 |  | Reduced −29,901 |
| [HALEON PLC (HLN)](/companies/hln.md) | SPON ADS | $147.8m | 1.4% | 15,414,796 |  | Reduced −297,754 |
| [SONY GROUP CORP (SONY)](/companies/sony.md) | SPONSORED ADR | $139.5m | 1.3% | 6,468,686 |  | Reduced −168,021 |
| [MICROSOFT CORP (MSFT)](/companies/msft.md) | COM | $137.5m | 1.3% | 368,533 |  | Reduced −172,031 |
| [META PLATFORMS INC (META)](/companies/meta.md) | CL A | $133.7m | 1.3% | 237,407 |  | Reduced −60,302 |
| [AMPHENOL CORP (APH)](/companies/aph.md) | CL A | $125.0m | 1.2% | 709,282 |  | Reduced −183,432 |
| [REINSURANCE GROUP AMER INC (RGA)](/companies/rga.md) | COM NEW | $116.4m | 1.1% | 547,439 |  | Reduced −149,358 |
| [NETFLIX INC. (NFLX)](/companies/nflx.md) | COM | $103.7m | 1.0% | 1,451,884 |  | Reduced −410,689 |
| [PROGRESSIVE CORP (PGR)](/companies/pgr.md) | COM | $98.0m | 0.9% | 448,571 |  | Reduced −121,953 |
| [JOHNSON & JOHNSON (JNJ)](/companies/jnj.md) | COM | $95.9m | 0.9% | 377,680 |  | Added +24,880 |
| [BROADCOM INC (AVGO)](/companies/avgo.md) | COM | $95.8m | 0.9% | 253,500 |  | Reduced −127,892 |
| [NOVARTIS AG (NVS)](/companies/nvs.md) | SPONSORED ADR | $90.5m | 0.9% | 578,234 |  | Reduced −6,021 |
| [VISA INC (V)](/companies/v.md) | COM CL A | $89.7m | 0.8% | 261,330 |  | Reduced −69,626 |
| [GENMAB A/S (GMAB)](/companies/gmab.md) | SPONSORED ADS | $86.9m | 0.8% | 3,086,318 |  | Reduced −145,283 |
| [THERMO FISHER SCIENTIFIC INC (TMO)](/companies/tmo.md) | COM | $84.9m | 0.8% | 169,255 |  | Added +29,464 |
| NVENT ELEC PLC | SHS | $84.3m | 0.8% | 496,873 |  | Reduced −127,794 |
| [TRADEWEB MKTS INC (TW)](/companies/tw.md) | CL A | $84.0m | 0.8% | 843,174 |  | Reduced −241,895 |
| [ITAU UNIBANCO HLDG S A (ITUB)](/companies/itub.md) | SPON ADR REP PFD | $81.2m | 0.8% | 9,944,372 |  | Added +8,710,778 |
| ASTRAZENECA PLC | ORD | $79.9m | 0.8% | 442,676 |  | Added +31,889 |
| [HEICO CORP NEW (HEI)](/companies/hei.md) | COM | $79.6m | 0.7% | 223,476 |  | Reduced −64,197 |
| [APPLE INC (AAPL)](/companies/aapl.md) | COM | $75.2m | 0.7% | 259,985 |  | New +259,985 |
| [AMETEK INC (AME)](/companies/ame.md) | COM | $74.6m | 0.7% | 308,154 |  | Reduced −70,551 |
| [ABBVIE INC (ABBV)](/companies/abbv.md) | COM | $70.3m | 0.7% | 279,294 |  | Reduced −78,522 |
| [SLB LIMITED (SLB)](/companies/slb.md) | COM STK | $69.8m | 0.7% | 1,502,263 |  | Reduced −390,550 |
| [BOOKING HOLDINGS INC (BKNG)](/companies/bkng.md) | COM | $69.3m | 0.7% | 388,556 |  | Added +369,917 |
| [ELEVANCE HEALTH INC FORMERLY (ELV)](/companies/elv.md) | COM | $65.2m | 0.6% | 168,707 |  | Reduced −43,132 |
| [DEERE & CO (DE)](/companies/de.md) | COM | $64.4m | 0.6% | 101,541 |  | Reduced −30,713 |
| [JPMORGAN CHASE & CO (JPM)](/companies/jpm.md) | COM | $59.4m | 0.6% | 181,377 |  | New +181,377 |
| [TELEKOMUNIKASI IND (TLK)](/companies/tlk.md) | SPONSORED ADR | $56.8m | 0.5% | 4,053,444 |  | Reduced −145,857 |
| [DANAHER CORP DEL (DHR)](/companies/dhr.md) | COM | $51.1m | 0.5% | 268,109 |  | Reduced −77,489 |
| [ADOBE INC (ADBE)](/companies/adbe.md) | COM | $49.9m | 0.5% | 243,380 |  | Reduced −71,254 |
| [NEXTERA ENERGY INC (NEE)](/companies/nee.md) | COM | $45.3m | 0.4% | 516,580 |  | New +516,580 |
| [SAP SE (SAP)](/companies/sap.md) | SPON ADR | $43.6m | 0.4% | 281,110 |  | Reduced −78,115 |
| ATKORE INC | COM | $43.1m | 0.4% | 567,192 |  | Reduced −137,670 |
| [EQUIFAX INC (EFX)](/companies/efx.md) | COM | $40.1m | 0.4% | 252,498 |  | Reduced −72,510 |
| ACCENTURE PLC IRELAND | SHS CLASS A | $37.7m | 0.4% | 302,900 |  | Reduced −86,568 |
| [HONEYWELL INTL INC (HON)](/companies/hon.md) | COM | $35.1m | 0.3% | 156,577 |  | New +156,577 |
| [HONEYWELL AEROSPACE INC (HONA)](/companies/hona.md) | COM | $34.6m | 0.3% | 156,581 |  | New +156,581 |
| [NORTHROP GRUMMAN CORP (NOC)](/companies/noc.md) | COM | $31.6m | 0.3% | 61,975 |  | Reduced −18,455 |
| [TENARIS S A (TS)](/companies/ts.md) | SPONSORED ADS | $14.7m | 0.1% | 264,186 |  | Reduced −28,672 |
| ISHARES TR | MSCI ACWI ETF | $11.2m | 0.1% | 71,188 |  | Reduced −24,324 |
| [KASPI KZ JSC (KSPI)](/companies/kspi.md) | SPONSORED ADS | $9.5m | <0.1% | 109,630 |  | Reduced −9,317 |
| [GRUPO CIBEST SA (CIB)](/companies/cib.md) | SPON ADS | $9.3m | <0.1% | 116,499 |  | Reduced −10,606 |
| [BHP BILLITON LIMITED (BHP)](/companies/bhp.md) | SPONSORED ADS | $7.1m | <0.1% | 85,095 |  | Added +40,439 |
| ISHARES TR | MSCI INDIA ETF | $6.3m | <0.1% | 128,425 |  | Reduced −17,644 |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | $6.1m | <0.1% | 73,137 |  | Reduced −1,326,237 |
| FABRINET | SHS | $2.9m | <0.1% | 5,103 |  | Reduced −132,771 |
| XP INC | CL A | $2.6m | <0.1% | 162,616 |  | New +162,616 |
| [EPAM SYS INC (EPAM)](/companies/epam.md) | COM | $2.2m | <0.1% | 28,004 |  | Reduced −8,759 |
| [VISTA ENERGY S.A.B. DE C.V. (VIST)](/companies/vist.md) | SPONSORED ADS | $2.2m | <0.1% | 34,131 |  | New +34,131 |
| [ICICI BANK LIMITED (IBN)](/companies/ibn.md) | ADR | $2.1m | <0.1% | 71,873 |  | Reduced −396 |
| LINDE PLC | SHS | $2.0m | <0.1% | 4,069 |  | Reduced −1,433 |
| ISHARES TR | MSCI ACWI EX US | $1.6m | <0.1% | 20,486 |  | Reduced −24,004 |
| SPDR SERIES TRUST | ST STR SW SERV | $1.0m | <0.1% | 5,609 |  | New +5,609 |
| ALCON AG | ORD SHS | $912.8k | <0.1% | 13,603 |  | Reduced −9,042 |
| ISHARES TR | GBL COMM SVC ETF | $867.5k | <0.1% | 7,544 |  | New +7,544 |
| [VERTEX PHARMACEUTICALS INC (VRTX)](/companies/vrtx.md) | COM | $577.7k | <0.1% | 1,163 |  | Reduced −312,383 |
| ISHARES TR | US TRSPRTION | $491.8k | <0.1% | 5,791 |  | New +5,791 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | $468.2k | <0.1% | 6,629 |  | Reduced −18,827 |
| ISHARES TR | GLB CNS DISC ETF | $322.6k | <0.1% | 1,611 |  | New +1,611 |
| [APPLIED MATLS INC (AMAT)](/companies/amat.md) | COM | $312.4k | <0.1% | 432 |  | New +432 |
| FIDELITY COVINGTON TRUST | MSCI FINLS IDX | $293.9k | <0.1% | 3,625 |  | New +3,625 |
| VANGUARD INTL EQUITY INDEX F | TT WRLD ST ETF | $225.6k | <0.1% | 1,437 |  | Reduced −205 |
| ISHARES TR | GLOB HLTHCRE ETF | $215.5k | <0.1% | 2,150 |  | New +2,150 |

## Sold out

Held at the end of the quarter before and not reported this quarter.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [CME GROUP INC (CME)](/companies/cme.md) | COM | $0 | 0.0% | 0 |  | Sold out −338,257 |
| GLOBANT S A | COM | $0 | 0.0% | 0 |  | Sold out −21,599 |
| HONEYWELL INTL INC | COM | $0 | 0.0% | 0 |  | Sold out −408,185 |
| ISHARES TR | MSCI EAFE ETF | $0 | 0.0% | 0 |  | Sold out −3,952 |
| ISHARES TR | EAFE GRWTH ETF | $0 | 0.0% | 0 |  | Sold out −3,236 |
| [THE TRADE DESK INC (TTD)](/companies/ttd.md) | COM CL A | $0 | 0.0% | 0 |  | Sold out −1,069,565 |

Source: SEC EDGAR, Form 13F-HR, accession 0000928196-26-000003. Last ingested by Listed: Oct 22, 2026, 05:26 ET. No prices; not investment advice.