Fund HoldingsHARDING LOEVNER LP

Total Portfolio Value
$11.37B
Total Bought
$574.93M
Total Sold
$2.75B
Net Transaction
-$2.18B
Filing Period:
Securities
SharesValue ($K)
Q3 2025
Q4 2025
Change
Q3 2025
Q4 2025
Weight (%)
Change
VANGUARD INTL EQUITY INDEX F840,8981,918,731+1,077,83360,016141,1431.24%+81,127
EQUIFAX INC(EFX)0321,343+321,343069,7250.61%+69,725
FABRINET(FN)0139,687+139,687063,6010.56%+63,601
ASML HOLDING N V
N Y REGISTRY SHS
273,194301,762+28,568264,606323,1932.84%+58,588
RIO TINTO PLC(RIO)1,887,6962,053,870+166,174124,630164,4031.45%+39,773
RYANAIR HOLDINGS PLC(RYAAY)5,344,1524,966,655-377,497321,835358,5263.15%+36,690
FOMENTO ECONOMICO MEXICANO S(FMX)5,733,2075,934,259+201,052565,422599,7905.28%+34,368
HONEYWELL INTL INC(HON)265,293438,098+172,80555,84585,4750.75%+29,630
ISHARES TR19,823283,184+263,3611,28919,0100.17%+17,721
VISA INC(V)203,944239,587+35,64369,62584,0270.74%+14,401
MANULIFE FINL CORP(MFC)5,077,2164,727,041-350,175158,171171,5171.51%+13,346
VANGUARD TAX-MANAGED FDS17,814168,181+150,3671,06810,5070.09%+9,439
ISHARES INC
MSCI TAIWAN ETF
0139,760+139,76008,8790.08%+8,879
ADOBE INC(ADBE)301,169328,484+27,315106,241114,9631.01%+8,722
HALEON PLC(HLN)17,909,40116,615,687-1,293,714160,687167,9531.48%+7,266
ICICI BANK LIMITED(IBN)75,629299,318+223,6892,2868,9200.08%+6,633
AMETEK INC429,956421,690-8,26680,83386,5810.76%+5,748
ISHARES TR
MSCI INDIA ETF
157,699253,039+95,3408,21013,6770.12%+5,467
ISHARES TR083,350+83,35004,5600.04%+4,560
SLB LIMITED(SLB)1,965,9081,850,343-115,56567,56771,0270.62%+3,460
NOVARTIS AG(NVS)629,958603,387-26,57180,80183,2070.73%+2,406
THERMO FISHER SCIENTIFIC INC(TMO)168,576145,025-23,55181,77584,0430.74%+2,267
ISHARES TR2,39919,020+16,6212241,8270.02%+1,603
P T TELEKOMUNIKASI INDONESIA(TLK)4,925,2784,476,641-448,63792,70994,2400.83%+1,531
ISHARES INC014,060+14,06001,3670.01%+1,367
VANGUARD STAR FDS016,692+16,69201,2590.01%+1,259
EPAM SYS INC(EPAM)37,18130,611-6,5705,6076,2720.06%+665
VANGUARD INTL EQUITY INDEX F03,728+3,72805260.00%+526
DANAHER CORPORATION(DHR)415,656360,923-54,73382,41682,6270.73%+211
APPLIED MATLS INC0809+80902080.00%+208
GRUPO CIBEST SA172,490142,512-29,9788,9599,0650.08%+106
ISHARES TR7,4181,794-5,6248452040.00%-640
VERTEX PHARMACEUTICALS INC(VRTX)455,988391,865-64,123178,598177,6611.56%-937
ISHARES TR63,51555,069-8,4468,7817,7920.07%-989
ELEVANCE HEALTH INC FORMERLY(ELV)246,365220,725-25,64079,60577,3810.68%-2,224
ITAU UNIBANCO HLDG S A(ITUB)1,615,4551,307,297-308,15811,8579,3600.08%-2,497
TENARIS S A(TS)408,147311,282-96,86514,59911,9690.11%-2,631
GENMAB A/S(GMAB)3,484,4873,370,143-114,344106,863103,8530.91%-3,009
KASPI KZ JSC(KSPI)154,802123,009-31,79312,6449,6110.08%-3,034
CREDICORP LTD(BAP)1,543,8471,421,564-122,283411,082408,0433.59%-3,038
JOHNSON & JOHNSON(JNJ)424,760365,029-59,73178,76275,5450.66%-3,217
CANADIAN NATL RY CO(CNI)2,297,5382,143,651-153,887216,663211,9041.86%-4,759
HDFC BANK LTD(HDB)27,078,61425,187,687-1,890,927925,098920,2568.10%-4,841
ACCENTURE PLC IRELAND
SHS CLASS A
470,517409,515-61,002116,033109,8790.97%-6,154
BANCO BILBAO VIZCAYA ARGENTA(BBVA)8,758,6736,962,519-1,796,154168,617162,3251.43%-6,293
ATKORE INC895,998732,753-163,24556,21846,3500.41%-9,868
SHELL PLC(SHEL)3,270,4973,029,364-241,133233,960222,5731.96%-11,387
BROADCOM INC(AVGO)451,298393,763-57,535148,894136,2851.20%-12,608
NORTHROP GRUMMAN CORP(NOC)105,51189,814-15,69764,29351,2220.45%-13,071
HEICO CORP NEW(HEI)328,553284,395-44,158106,06492,0370.81%-14,027
ABBVIE INC(ABBV)430,494370,833-59,66199,67884,7300.75%-14,948
ZTO EXPRESS CAYMAN INC(ZTO)892,0180-892,01817,1240-17,124
THE TRADE DESK INC(TTD)1,289,8481,098,217-191,63163,22141,6880.37%-21,533
NVIDIA CORPORATION(NVDA)977,338859,326-118,012182,349160,2641.41%-22,084
TRADEWEB MKTS INC(TW)1,303,6761,121,185-182,491144,680120,5711.06%-24,109
CME GROUP INC(CME)690,427593,278-97,149186,548162,0101.43%-24,538
AMPHENOL CORP NEW1,251,914954,359-297,555154,926128,9861.13%-25,940
GLOBANT S A
COM
597,231105,261-491,97034,2716,8810.06%-27,390
AMAZON COM INC(AMZN)1,354,5671,163,957-190,610297,426268,6812.36%-28,745
NICE LTD(NICE)2,215,3352,580,589+365,254320,742291,7332.57%-29,009
ALCON AG(ALC)5,482,4244,810,865-671,559408,508379,1593.34%-29,349
COSTAR GROUP INC(CSGP)1,083,322920,272-163,05091,39461,8740.54%-29,520
BOOKING HOLDINGS INC(BKNG)37,94632,409-5,537204,881173,5611.53%-31,320
SONY GROUP CORP(SONY)7,536,7577,042,473-494,284217,001180,2691.59%-36,732
PROGRESSIVE CORP(PGR)691,378587,141-104,237170,724133,7001.18%-37,024
ALPHABET INC(GOOG)1,475,1711,005,928-469,243358,624314,8732.77%-43,750
NETEASE INC(NTES)2,541,6002,476,401-65,199386,305340,8403.00%-45,465
META PLATFORMS INC(META)352,919311,238-41,681259,181205,4441.81%-53,737
MICROSOFT CORP(MSFT)686,547598,366-88,181355,600289,3812.55%-66,219
DEERE & CO(DE)324,719142,343-182,376148,48566,2770.58%-82,208
SEA LTD(SE)1,562,6141,498,337-64,277279,294191,1531.68%-88,141
NETFLIX INC(NFLX)224,1231,924,053+1,699,930268,721180,3931.59%-88,328
SERVICENOW INC(NOW)96,0130-96,01388,3670-88,367
MERCADOLIBRE INC(MELI)213,349196,516-16,833498,649395,9803.48%-102,669
SYNOPSYS INC(SNPS)240,1940-240,194118,5070-118,507
TAIWAN SEMICONDUCTOR MFG LTD(TSM)5,160,8554,336,799-824,0561,441,4971,318,09811.60%-123,398
BHP GROUP LTD7,817,64770,086-7,747,561435,8384,2310.04%-431,607
LINDE PLC(LIN)936,0149,786-926,228444,5944,1740.04%-440,420
SAP SE(SAP)2,300,337386,893-1,913,444614,74893,9840.83%-520,764
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