Harding Loevner portfolio
Concentrated managerInvestment firmPortfolio as of Jun 30, 2026 (Q2 2026) · filed with the SEC on Aug 14, 2026 · data updated on Nov 6, 2026 · Q2 2026 13F (filing) ↗ · all its 13F filings ↗
A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.
Harding Loevner reported a $10.6 bn portfolio of 82 positions to the SEC as of the end of Q2 2026. Its largest positions are TSM, SPOT, FMX. During the quarter it opened Spotify Technology and Apple and exited CME Group.
Sections with a free account
What changed this quarter
78 positions with a change (9 new, 9 added to, 57 trimmed, 3 sold); also, 1 entered through a spin-off. 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).
- Spotify Technology+7.0 ppof portfolioNew— → 7.0%
- Canadian National Railway+90%more sharesIncreased3.0% → 6.1%
- Taiwan Semiconductor Manufacturing−18%fewer sharesReduced12.2% → 12.7%
- Sea+134%more sharesIncreased1.2% → 2.9%
- Vertex Pharmaceuticals−99.6%fewer sharesReduced1.4% → under 0.1%
- Asml Holding−28%fewer sharesReduced2.9% → 2.6%
- Vanguard International Equity Index F−95%fewer sharesReduced1.1% → 0.1%
- CME Group−0.9 ppof portfolioSold out1.0% → —
- Hdfc Bank−25%fewer sharesReduced3.8% → 2.7%
- Alphabet−29%fewer sharesReduced2.7% → 2.2%
- Apple+0.7 ppof portfolioNew— → 0.7%
- Fabrinet−96%fewer sharesReduced0.7% → under 0.1%
The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight: what it bought or sold, excluding price effects.
Top holdings
- Taiwan Semiconductor ManufacturingTSM12.7%
- Spotify TechnologySPOT7.0%
- Fomento Economico Mexicano SFMX6.5%
- Canadian National RailwayCNI6.1%
- CredicorpBAP4.7%
- Ryanair HoldingsRYAAY3.6%
- MercadoLibreMELI3.0%
- SeaSE2.9%
- NeteaseNTES2.7%
- Hdfc BankHDB2.7%
- ASML HoldingASML2.6%
- ShellSHEL2.2%
- Manulife FinancialMFC2.2%
- NICENICE2.2%
- AlphabetGOOGL2.2%
“Since”: first quarter of the current run, unbroken until today. In the details, prices are the quarter-end prices of the quarters in which it added shares, per the 13F. The manager may have bought at any price within each quarter; the SEC only publishes the value at quarter end.
Portfolio by sector
- ● Information Technology 25%
- ● Financials 17%
- ● Communication Services 15%
- ● Industrials 14%
- ● Consumer Discretionary 10%
- ● Consumer Staples 8%
- ● Health Care 6%
- ● Energy 3%
- ● Materials 2%
How its portfolio changed (8 quarters)
Q2 2026: 82
Q2 2026: 52%
Q2 2026: 16.0%
Traded turnover: the weight it bought plus the weight it sold in the quarter, divided by two, excluding price moves. The plain “turnover” in the header does include that effect. With a free account: the full history and sectors over time.
Stakes above 5% (13D/13G)
Companies where this filer reported holding 5% or more of the shares. It is the figure from its latest filing on each one; history since December 2024.
How we classify it
Investment firm, per its Form ADV of Mar 27, 2026 (medium confidence).
The data, as reported: HARDING LOEVNER LP (CRD 104543): Institutional mandates; 5.D assets by client type: registered funds 43%, governments 19%, pension plans 18%, high net worth 9% (of $32.1 bn); 5.F 3876 accounts, 1% non-discretionary; 5.D 3876 clients, 3580 individuals
The type comes from a rule applied to that data. If it looks wrong, tell us.
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