13F Insight
DOSSIER · 13F-HR · Q2 2026

HARDING LOEVNER LP

$10.6B in tracked AUM across 82 positions as of Q2 2026.

HL
CIK 0000928196 · last filed Jun 30, 2026
Total AUM
$10.6B
as of Q2 2026
Holdings
82
—
positions
Whale Score
73
73
strong
Activity
—
no data
changes this Q
AI Analysis · Q2 2026

Portfolio Overview

Harding Loevner LP reported a significant contraction in portfolio assets for the quarter ended September 30, 2025. The total portfolio value decreased by 56.0%, dropping from $14.86 billion to $6.54 billion. This drastic reduction is attributed to a combination of realized capital distributions, aggressive divestment, and a sharp reduction in the number of holdings, which fell to 33 positions. The fund's activity level was exceptionally high this quarter, with 25 positio...

The portfolio remains concentrated, with the top 10 holdings accounting for approximately 68% of total assets. The firm appears to be executing a high-conviction strategy, maintaining substantial exposure to specific winners while liquidating a broader set of assets that likely no longer met their valuation criteria or growth targets.

Key Holdings

Analysis generated by 13F Insight from SEC Form 13F filing data · Q2 2026. Methodology

Quarter at a glance — Q2 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q2 2026.

#HoldingValueSharesWeight
01
TSM
TAIWAN SEMICONDUCTOR MANUFAC
$1.3B2.9M12.7%02
L8681T102
SPOTIFY TECHNOLOGY S A
$742M1.6M7.0%03
FMX
FOMENTO ECONOMICO MEXICANO S
$689M5.4M6.5%04
CNI
CANADIAN NATL RY CO
$648M5.4M6.1%05
G2519Y108
CREDICORP LTD
$500M1.3M4.7%06
RYAAY
RYANAIR HOLDINGS PLC
$381M6.0M3.6%07
MELI
MERCADOLIBRE INC
$318M184K3.0%08
SE
SEA LTD
$311M3.2M2.9%09
NTES
NETEASE COM INC
$291M2.3M2.7%10
HDB
HDFC BANK LTD
$287M11.2M2.7%

Filing history

2026Q2Jun 30
$10.6B▲ 9.4%
82 positionsView →2026Q1Mar 31
$9.7B▼ 14.5%
73 positionsView →2025Q4Dec 31
$11.4B▲ 73.7%
76 positionsView →2025Q3Sep 30
$6.5B▼ 56.0%
33 positionsView →2025Q2Jun 30
$14.9B▲ 13.8%
68 positionsLocked2025Q1Mar 31
$13.1B▼ 11.8%
67 positionsLocked2024Q4Dec 31
$14.8B▼ 14.6%
67 positionsLocked2024Q3Sep 30
$17.3B▼ 4.3%
67 positionsLocked2024Q2Jun 30
$18.1B▲ 11.8%
70 positionsLocked2024Q1Mar 31
$16.2B▼ 9.1%
69 positionsLocked2023Q4Dec 31
$17.8B▲ 17.7%
72 positionsLocked2023Q3Sep 30
$15.1B▼ 11.6%
71 positionsLocked
Showing 12 of 91