Harding Loevner Emerging Markets Portfolio

Fund Profile

Fund profile

Tickers

HLEMX

Fund manager

Harding Loevner Funds Inc

Total assets

$578.39 mm

Liabilities

$907.99 k

Net assets

$577.48 mm

Number of holdings

75.00

75 Holdings

As of Oct 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
TSM Taiwan Semiconductor Manufacturing Company Limited	31.83 mm	1.01 mm shares	5.51	Common equity	Long	Taiwan
TCEHY Tencent Holdings Limited	29.30 mm	563.10 k shares	5.07	Common equity	Long	Cayman Islands
HDFC Bank Ltd. INR1	26.11 mm	1.27 mm shares	4.52	Common equity	Long	India
Samsung Electronics Co Ltd. GDR EACH REP 25 COM STK KRW100(REG S)	20.24 mm	19.18 k shares	3.51	Common equity	Long	Korea, Republic of
TCOM Trip.com Group Limited	20.17 mm	312.70 k shares	3.49	Common equity	Long	Cayman Islands
Tata Consultancy Services Ltd. INR1	19.27 mm	410.44 k shares	3.34	Common equity	Long	India
ICICI Bank Ltd. INR2	15.28 mm	999.39 k shares	2.65	Common equity	Long	India
Maruti Suzuki India Ltd. INR5	14.56 mm	110.77 k shares	2.52	Common equity	Long	India
ASPEED Technology Inc. TWD10	13.68 mm	110.31 k shares	2.37	Common equity	Long	Taiwan
Delta Electronics Inc. TWD10	11.25 mm	913.00 k shares	1.95	Common equity	Long	Taiwan
TS Tenaris S.A.	10.75 mm	326.98 k shares	1.86	Common equity	Long	Luxembourg
Ping An Insurance (Group) Company of China Ltd. 'H' CNY1	10.53 mm	1.70 mm shares	1.82	Common equity	Long	China
MELI MercadoLibre, Inc.	10.48 mm	5.14 k shares	1.81	Common equity	Long	USA
Eclat Textile Co Ltd. TWD10	10.21 mm	618.85 k shares	1.77	Common equity	Long	Taiwan
GLOB Globant S.A.	9.52 mm	45.37 k shares	1.65	Common equity	Long	Luxembourg
Alibaba Group Holding Ltd. USD0.000003125	9.47 mm	773.70 k shares	1.64	Common equity	Long	Cayman Islands
Weg SA COM NPV	9.43 mm	1.01 mm shares	1.63	Common equity	Long	Brazil
MWG Multi Ways Holdings Limited	9.39 mm	3.58 mm shares	1.63	Common equity	Long	Viet Nam
HDFC Life Insurance Co Ltd. INR10	9.11 mm	1.06 mm shares	1.58	Common equity	Long	India
Contemporary Amperex Technology Co Ltd. 'A' CNY1	8.91 mm	257.88 k shares	1.54	Common equity	Long	China
Midea Group Co Ltd. A CNY1	8.76 mm	872.82 k shares	1.52	Common equity	Long	China
FMX Fomento Económico Mexicano, S.A.B. de C.V.	8.68 mm	89.61 k shares	1.50	Common equity	Long	Mexico
Standard Bank Group Ltd. ZAR0.1	8.62 mm	628.84 k shares	1.49	Common equity	Long	South Africa
KSPI Joint Stock Company Kaspi.kz	8.61 mm	78.19 k shares	1.49	Common equity	Long	Kazakhstan
Grupo Financiero Banorte S.A.B. de C.V. COM NPV SERIES O	8.48 mm	1.22 mm shares	1.47	Common equity	Long	Mexico
Airtac International Group TWD10	8.43 mm	312.82 k shares	1.46	Common equity	Long	Cayman Islands
JD.com Inc. USD0.00002 A CLASS	8.43 mm	414.75 k shares	1.46	Common equity	Long	Cayman Islands
Shenzhen Mindray Bio-Medical Electronics Co Ltd. A CNY1	8.13 mm	217.10 k shares	1.41	Common equity	Long	China
Allegro.eu SA PLN0.01	8.09 mm	920.37 k shares	1.40	Common equity	Long	Luxembourg
AIA Group Ltd, Hong Kong NPV	8.09 mm	1.02 mm shares	1.40	Common equity	Long	Hong Kong
Bank Rakyat Indonesia (Persero) Tbk IDR50	7.54 mm	24.67 mm shares	1.31	Common equity	Long	Indonesia
Wal-Mart De Mexico COM NPV	7.29 mm	2.65 mm shares	1.26	Common equity	Long	Mexico
Techtronic Industries Co. Ltd. NPV	7.05 mm	492.36 k shares	1.22	Common equity	Long	Hong Kong
Discovery Limited ZAR0.001	6.85 mm	671.12 k shares	1.19	Common equity	Long	South Africa
AL Rajhi Banking & Investment Corp SAR10	6.55 mm	280.15 k shares	1.13	Common equity	Long	Saudi Arabia
Emaar Properties PJSC AED1	6.51 mm	2.76 mm shares	1.13	Common equity	Long	United Arab Emirates
ITUB Itaú Unibanco Holding S.A.	6.48 mm	1.07 mm shares	1.12	Common equity	Long	Brazil
SZHIF Shenzhou International Group Holdings Limited	6.38 mm	827.71 k shares	1.11	Common equity	Long	Cayman Islands
ZTO ZTO Express (Cayman) Inc.	6.36 mm	275.37 k shares	1.10	Common equity	Long	Cayman Islands
Northern Institutional Funds TREAS PRT PRMR	6.14 mm	6.14 mm shares	1.06	Short-term investment vehicle	Long	USA
Zhejiang Sanhua Intelligent Controls Co Ltd. 'A'CNY1	5.94 mm	1.93 mm shares	1.03	Common equity	Long	China
Astra International Tbk PT IDR50	5.85 mm	18.05 mm shares	1.01	Common equity	Long	Indonesia
Localiza Rent a Car SA COM NPV 144A/REG	5.73 mm	788.99 k shares	0.99	Common equity	Long	Brazil
Bank Central Asia Tbk PT IDR12.50	5.54 mm	8.49 mm shares	0.96	Common equity	Long	Indonesia
Shenzhen Inovance Technology Co Ltd. 'A'CNY1	5.41 mm	694.60 k shares	0.94	Common equity	Long	China
Jiangsu Hengli Hydraulic Co Ltd. 'A'CNY1	5.17 mm	712.43 k shares	0.89	Common equity	Long	China
Hon Hai Precision Industry Co Ltd. TWD10	5.14 mm	820.15 k shares	0.89	Common equity	Long	Taiwan
NAVER Corp. KRW100	5.05 mm	41.59 k shares	0.88	Common equity	Long	Korea, Republic of
Coca-Cola HBC AG ORD CHF6.70(CDI)	4.86 mm	138.97 k shares	0.84	Common equity	Long	Switzerland
CLS Celestica Inc.	4.85 mm	227.59 k shares	0.84	Common equity	Long	South Africa
Bumrungrad Hospital Public Co Ltd. THB1(ALIEN MKT)	4.78 mm	592.80 k shares	0.83	Common equity	Long	Thailand
EPAM EPAM Systems, Inc.	4.64 mm	24.58 k shares	0.80	Common equity	Long	USA
Raia Drogasil SA COM NPV	4.54 mm	1.08 mm shares	0.79	Common equity	Long	Brazil
Bupa Arabia For Cooperative Insurance Co. SAR10	4.49 mm	83.78 k shares	0.78	Common equity	Long	Saudi Arabia
B3 S.A. - Brasil, Bolsa, Balcao COM NPV	3.98 mm	2.17 mm shares	0.69	Common equity	Long	Brazil
CPA Copa Holdings, S.A.	3.92 mm	40.32 k shares	0.68	Common equity	Long	Panama
StarPower Semiconductor Ltd. A CNY1	3.57 mm	263.71 k shares	0.62	Common equity	Long	China
Commercial International Bank (Egypt) SAE GDR EACH REPR 1 ORD EGP10 REG'S'	3.45 mm	2.23 mm shares	0.60	Common equity	Long	Egypt
Li-Ning Co Ltd. HKD0.1	3.31 mm	1.62 mm shares	0.57	Common equity	Long	Cayman Islands
Komercni Banka AS ORD CZK100	3.22 mm	93.04 k shares	0.56	Common equity	Long	Czechia
Coway Co Ltd. KRW500	3.14 mm	69.22 k shares	0.54	Common equity	Long	Korea, Republic of
Safaricom Public Limited Company KES0.05	3.08 mm	23.88 mm shares	0.53	Common equity	Long	Kenya
CIB Bancolombia S.A.	3.08 mm	96.65 k shares	0.53	Common equity	Long	Colombia
ENN Energy Holdings Ltd. HKD0.10	3.07 mm	434.31 k shares	0.53	Common equity	Long	Cayman Islands
Lojas Renner SA COM NPV	2.84 mm	884.90 k shares	0.49	Common equity	Long	Brazil
Telkom Indonesia(Persero) Tbk PT SER'B'IDR50	2.66 mm	14.93 mm shares	0.46	Common equity	Long	Indonesia
ASMPT Ltd. HKD0.10	2.57 mm	239.05 k shares	0.44	Common equity	Long	Cayman Islands
Asian Paints Ltd. INR1	2.34 mm	67.36 k shares	0.41	Common equity	Long	India
Hefei Meyer Optoelectronic Technology Inc. 'A'CNY1	1.91 mm	872.70 k shares	0.33	Common equity	Long	China
BABA Alibaba Group Holding Limited	1.91 mm	19.45 k shares	0.33	Common equity	Long	Cayman Islands
Budweiser Brewing Co APAC Ltd. USD0.00001	1.85 mm	1.77 mm shares	0.32	Common equity	Long	Cayman Islands
BIDU Baidu, Inc.	1.81 mm	158.66 k shares	0.31	Common equity	Long	Cayman Islands
Samsung Electronics Co Ltd. GDR EACH REP 25 ORD SHS PFD UNITARY	1.52 mm	1.74 k shares	0.26	Common equity	Long	Korea, Republic of
Hefei Meyer Optoelectronic Technology Inc. 'A'CNY1	1.10 mm	503.26 k shares	0.19	Common equity	Long	China
Sberbank of Russia RUB3(RUB)	0	20.81 mm shares	0.00	Common equity	Long	Russian Federation