Harding Loevner LP

Bridgewater, NJ · CIK 928196 · 13F filing filed 2026-08-14

SEC-registered investment adviser since 1990 · limited partnership

Assets managed$32.1bn
Staff104 · 36 in investment roles
Main clients (by assets)Mutual funds and ETFs 43%, State and local governments 19%, Pension plans 18%
Form ADV · 2026-03-27SEC adviser record

Legal entityHarding Loevner LP (US)

Kindmutual funds, futures
Others nearbyBridgewater, NJ

As an employer

Offices in1 country

US visa salary filings

Filings FY2024–20255
Median salary offered$166,000
Middle half$123,000 – $166,000
Job titles5

Job title	Filings	Median
Portfolio Manager And AnalystBridgewater, NJ	1	$300,000
AnalystBridgewater, NJ	1	$166,000
Harding Loevner LpBridgewater, NJ	1	$166,000
Esg AssociateBridgewater, NJ	1	$123,000
Research AssociateBridgewater, NJ	1	$95,000

Source: US Department of Labor, Labor Condition Application disclosure data (certified, full-time, yearly equivalent). These are the salaries the employer committed to pay the visa roles it filed for, at least the prevailing wage for the job and place; they are not the pay of all its staff. Filed by: Harding Loevner LP.

$10.6bn reported value +9.4% vs Q1 2026

82positions

51.9%in top 10

15 new 9 added 58 reduced 6 sold out vs Q1 2026

Also in the report of:

Advisory Services Network, LLC – $137.5k of shares are in both reports
PERSONAL CFO SOLUTIONS, LLC

Shares in two reports are counted once in each security's totals.

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	2,884,195	$1.3bn12.68%	12.68%	Reduced -616.9k	-616,874 -17.6%
2	SPOTIFY TECHNOLOGY S A SHS SPOT	SPOT	1,598,173	$741.5m6.97%	6.97%	New
3	FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS FMX	FMX	5,383,731	$688.7m6.48%	6.48%	Reduced -175.0k	-175,025 -3.1%
4	CANADIAN NATL RY CO COM CNI	CNI	5,390,831	$648.4m6.10%	6.10%	Added +2.5m	+2,549,371 89.7%
5	CREDICORP LTD COM BAP	BAP	1,278,788	$500.4m4.70%	4.70%	Reduced -46.7k	-46,731 -3.5%
6	RYANAIR HOLDINGS PLC SPONSORED ADR RYAAY	RYAAY	5,951,510	$381.4m3.59%	3.59%	Reduced -238.8k	-238,842 -3.9%
7	MERCADOLIBRE INC COM MELI	MELI	184,269	$318.1m2.99%	2.99%	Reduced -2.2k	-2,230 -1.2%
8	SEA LTD SPONSORD ADS SE	SE	3,198,265	$311.0m2.92%	2.92%	Added +1.8m	+1,830,157 133.8%
9	NETEASE INC SPONSORED ADS NTES	NTES	2,258,205	$291.4m2.74%	2.74%	Reduced -65.6k	-65,563 -2.8%
10	HDFC BANK LTD SPONSORED ADS HDB	HDB	11,208,475	$286.9m2.70%	2.70%	Reduced -3.6m	-3,649,082 -24.6%
11	ASML HOLDING N V N Y REGISTRY SHS ASML	ASML	154,841	$281.6m2.65%	2.65%	Reduced -61.5k	-61,468 -28.4%
12	SHELL PLC SPON ADS SHEL	SHEL	2,810,624	$237.4m2.23%	2.23%	Reduced -54.8k	-54,804 -1.9%
13	MANULIFE FINL CORP COM MFC	MFC	5,575,714	$236.7m2.23%	2.23%	Added +1.1m	+1,096,013 24.5%
14	NICE LTD SPONSORED ADR NICE	NICE	2,523,392	$233.5m2.20%	2.20%	Reduced -9.9k	-9,854 -0.4%
15	ALPHABET INC CAP STK CL A GOOGL	GOOGL	649,331	$232.0m2.18%	2.18%	Reduced -259.0k	-258,974 -28.5%
16	NVIDIA CORPORATION COM NVDA	NVDA	1,125,966	$225.3m2.12%	2.12%	Reduced -145.8k	-145,750 -11.5%
17	BANCO BILBAO VIZCAYA ARGENTA SPONSORED ADR BBVA	BBVA	8,391,515	$222.2m2.09%	2.09%	Added +2.0m	+1,996,006 31.2%
18	AMAZON COM INC COM AMZN	AMZN	870,587	$207.5m1.95%	1.95%	Reduced -253.3k	-253,310 -22.5%
19	RIO TINTO PLC SPONSORED ADR RIO	RIO	1,941,326	$186.1m1.75%	1.75%	Reduced -29.9k	-29,901 -1.5%
20	HALEON PLC SPON ADS HLN	HLN	15,414,796	$147.8m1.39%	1.39%	Reduced -297.8k	-297,754 -1.9%
21	SONY GROUP CORP SPONSORED ADR SONY	SONY	6,468,686	$139.5m1.31%	1.31%	Reduced -168.0k	-168,021 -2.5%
22	MICROSOFT CORP COM MSFT	MSFT	368,533	$137.5m1.29%	1.29%	Reduced -172.0k	-172,031 -31.8%
23	META PLATFORMS INC CL A META	META	237,407	$133.7m1.26%	1.26%	Reduced -60.3k	-60,302 -20.3%
24	AMPHENOL CORP CL A APH	APH	709,282	$125.0m1.18%	1.18%	Reduced -183.4k	-183,432 -20.6%
25	REINSURANCE GRP OF AMERICA I COM NEW RGA	RGA	547,439	$116.4m1.09%	1.09%	Reduced -149.4k	-149,358 -21.4%
26	NETFLIX INC COM NFLX	NFLX	1,451,884	$103.7m0.97%	0.97%	Reduced -410.7k	-410,689 -22.1%
27	PROGRESSIVE CORP COM PGR	PGR	448,571	$98.0m0.92%	0.92%	Reduced -122.0k	-121,953 -21.4%
28	JOHNSON & JOHNSON COM JNJ	JNJ	377,680	$95.9m0.90%	0.90%	Added +24.9k	+24,880 7.0%
29	BROADCOM INC COM AVGO	AVGO	253,500	$95.8m0.90%	0.90%	Reduced -127.9k	-127,892 -33.5%
30	NOVARTIS AG SPONSORED ADR NVS	NVS	578,234	$90.5m0.85%	0.85%	Reduced -6.0k	-6,021 -1.0%
31	VISA INC COM CL A V	V	261,330	$89.7m0.84%	0.84%	Reduced -69.6k	-69,626 -21.0%
32	GENMAB A/S SPONSORED ADS GMAB	GMAB	3,086,318	$86.9m0.82%	0.82%	Reduced -145.3k	-145,283 -4.5%
33	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	169,255	$84.9m0.80%	0.80%	Added +29.5k	+29,464 21.1%
34	NVENT ELECTRIC PLC SHS NVT	NVT	496,873	$84.3m0.79%	0.79%	Reduced -127.8k	-127,794 -20.5%
35	TRADEWEB MKTS INC CL A TW	TW	843,174	$84.0m0.79%	0.79%	Reduced -241.9k	-241,895 -22.3%
36	ITAU UNIBANCO HLDG S A SPON ADR REP PFD ITUB	ITUB	9,944,372	$81.2m0.76%	0.76%	Added +8.7m	+8,710,778 706.1%
37	ASTRAZENECA PLC ORD AZN	AZN	442,676	$79.9m0.75%	0.75%	Added +31.9k	+31,889 7.8%
38	HEICO CORP NEW COM HEI	HEI	223,476	$79.6m0.75%	0.75%	Reduced -64.2k	-64,197 -22.3%
39	APPLE INC COM AAPL	AAPL	259,985	$75.2m0.71%	0.71%	New
40	AMETEK INC COM AME	AME	308,154	$74.6m0.70%	0.70%	Reduced -70.6k	-70,551 -18.6%
41	ABBVIE INC COM ABBV	ABBV	279,294	$70.3m0.66%	0.66%	Reduced -78.5k	-78,522 -21.9%
42	SCHLUMBERGER LTD COM STK SLB	SLB	1,502,263	$69.8m0.66%	0.66%	Reduced -390.6k	-390,550 -20.6%
43	BOOKING HOLDINGS INC COM BKNG	BKNG	388,556	$69.3m0.65%	0.65%	Reduced -77.4k	-77,419 -16.6%
44	ELEVANCE HEALTH INC COM ELV	ELV	168,707	$65.2m0.61%	0.61%	Reduced -43.1k	-43,132 -20.4%
45	DEERE & CO COM DE	DE	101,541	$64.4m0.61%	0.61%	Reduced -30.7k	-30,713 -23.2%
46	JPMORGAN CHASE & CO COM JPM	JPM	181,377	$59.4m0.56%	0.56%	New
47	P T TELEKOMUNIKASI INDONESIA SPONSORED ADR TLK	TLK	4,053,444	$56.8m0.53%	0.53%	Reduced -145.9k	-145,857 -3.5%
48	DANAHER CORPORATION COM DHR	DHR	268,109	$51.1m0.48%	0.48%	Reduced -77.5k	-77,489 -22.4%
49	ADOBE INC COM ADBE	ADBE	243,380	$49.9m0.47%	0.47%	Reduced -71.3k	-71,254 -22.6%
50	NEXTERA ENERGY INC COM NEE	NEE	516,580	$45.3m0.43%	0.43%	New
51	SAP SE SPON ADR SAP	SAP	281,110	$43.6m0.41%	0.41%	Reduced -78.1k	-78,115 -21.8%
52	ATKORE INC COM ATKR	ATKR	567,192	$43.1m0.41%	0.41%	Reduced -137.7k	-137,670 -19.5%
53	EQUIFAX INC COM EFX	EFX	252,498	$40.1m0.38%	0.38%	Reduced -72.5k	-72,510 -22.3%
54	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	302,900	$37.7m0.35%	0.35%	Reduced -86.6k	-86,568 -22.2%
55	HONEYWELL INTL INC COM HON	HON	156,577	$35.1m0.33%	0.33%	New
56	HONEYWELL AEROSPACE INC COM HONA	HONA	156,581	$34.6m0.33%	0.33%	New
57	NORTHROP GRUMMAN CORP COM NOC	NOC	61,975	$31.6m0.30%	0.30%	Reduced -18.5k	-18,455 -22.9%
58	TENARIS S A SPONSORED ADS TS	TS	264,186	$14.7m0.14%	0.14%	Reduced -28.7k	-28,672 -9.8%
59	ISHARES TR MSCI ACWI ETF ACWI	ACWI	71,188	$11.2m0.11%	0.11%	Reduced -24.3k	-24,324 -25.5%
60	KASPI KZ JSC SPONSORED ADS KSPI	KSPI	109,630	$9.5m0.09%	0.09%	Reduced -9.3k	-9,317 -7.8%
61	GRUPO CIBEST SA SPON ADS CIB	CIB	116,499	$9.3m0.09%	0.09%	Reduced -10.6k	-10,606 -8.3%
62	BHP GROUP LTD SPONSORED ADS BHP	BHP	85,095	$7.1m0.07%	0.07%	Added +40.4k	+40,439 90.6%
63	ISHARES TR MSCI INDIA ETF INDA	INDA	128,425	$6.3m0.06%	0.06%	Reduced -17.6k	-17,644 -12.1%
64	VANGUARD INTL EQUITY INDEX F ALLWRLD EX US VEU	VEU	73,137	$6.1m0.06%	0.06%	Reduced -1.3m	-1,326,237 -94.8%
65	FABRINET SHS FN	FN	5,103	$2.9m0.03%	0.03%	Reduced -132.8k	-132,771 -96.3%
66	XP INC CL A XP	XP	162,616	$2.6m0.02%	0.02%	New
67	EPAM SYS INC COM EPAM	EPAM	28,004	$2.2m0.02%	0.02%	Reduced -8.8k	-8,759 -23.8%
68	VISTA ENERGY S.A.B. DE C.V. SPONSORED ADS VIST	VIST	34,131	$2.2m0.02%	0.02%	New
69	ICICI BANK LIMITED ADR IBN	IBN	71,873	$2.1m0.02%	0.02%	Reduced -396	-396 -0.6%
70	LINDE PLC SHS LIN	LIN	4,069	$2.0m0.02%	0.02%	Reduced -1.4k	-1,433 -26.1%
71	ISHARES TR MSCI ACWI EX US ACWX	ACWX	20,486	$1.6m0.01%	0.01%	Reduced -24.0k	-24,004 -54.0%
72	SPDR SERIES TRUST COMP SOFTWARE XSW	XSW	5,609	$1.0m0.01%	0.01%	New
73	ALCON AG ORD SHS ALC	ALC	13,603	$912.8k0.01%	0.01%	Reduced -9.0k	-9,042 -39.9%
74	ISHARES TR GBL COMM SVC ETF IXP	IXP	7,544	$867.5k0.01%	0.01%	New
75	VERTEX PHARMACEUTICALS INC COM VRTX	VRTX	1,163	$577.7k0.01%	0.01%	Reduced -312.4k	-312,383 -99.6%
76	ISHARES TR US TRSPRTION IYT	IYT	5,791	$491.8k0.00%	0.00%	New
77	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	6,629	$468.2k0.00%	0.00%	Reduced -18.8k	-18,827 -74.0%
78	ISHARES TR GLB CNS DISC ETF RXI	RXI	1,611	$322.6k0.00%	0.00%	New
79	APPLIED MATLS INC COM AMAT	AMAT	432	$312.4k0.00%	0.00%	New
80	FIDELITY COVINGTON TRUST MSCI FINLS IDX FNCL	FNCL	3,625	$293.9k0.00%	0.00%	New
81	VANGUARD INTL EQUITY INDEX F TT WRLD ST ETF VT	VT	1,437	$225.6k0.00%	0.00%	Reduced -205	-205 -12.5%
82	ISHARES TR GLOB HLTHCRE ETF IXJ	IXJ	2,150	$215.5k0.00%	0.00%	New

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
CME GROUP INC CME	CME	338,257	$99.9m338.3k shares
HONEYWELL INTL INC		204,092	$92.3m204.1k shares
THE TRADE DESK INC TTD	TTD	1,069,565	$24.3m1.1m shares
GLOBANT S A GLOB	GLOB	21,599	$995.9k21.6k shares
ISHARES TR EFA	EFA	3,952	$383.9k4.0k shares
ISHARES TR EFG	EFG	3,236	$360.4k3.2k shares