Harding Loevner Frontier Emerging Markets Portfolio

Fund Profile

Fund profile

Tickers

HLFMX, HLMOX, HLFZX

Fund manager

Harding Loevner Funds Inc

Total assets

$130.94 mm

Liabilities

$250.18 k

Net assets

$130.69 mm

Number of holdings

55.00

55 Holdings

As of Oct 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
BAP Credicorp Ltd.	5.87 mm	31.90 k shares	4.49	Common equity	Long	Bermuda
Banca Transilvania SA RON10	5.79 mm	936.69 k shares	4.43	Common equity	Long	Romania
Halyk Savings Bank Of Kazakhstan JSC Almaty GDR EACH REPR 40 ORD SHS'REGS' (SPON)	5.27 mm	284.26 k shares	4.03	Common equity	Long	Kazakhstan
Northern Institutional Funds TREAS PRT PRMR	5.14 mm	5.14 mm shares	3.94	Short-term investment vehicle	Long	USA
International Container Terminal Services Inc. PHP1	5.05 mm	741.65 k shares	3.86	Common equity	Long	Philippines
Joint Stock Commercial Bank For Foreign Trade Of Vietnam VND10000	4.87 mm	1.32 mm shares	3.72	Common equity	Long	Viet Nam
KSPI Joint Stock Company Kaspi.kz	4.84 mm	43.97 k shares	3.71	Common equity	Long	Kazakhstan
GLOB Globant S.A.	4.69 mm	22.36 k shares	3.59	Common equity	Long	Luxembourg
SM Prime Holdings Inc. ORD PHP1	3.84 mm	7.29 mm shares	2.94	Common equity	Long	Philippines
Bank of the Philippine Islands PHP10	3.67 mm	1.50 mm shares	2.81	Common equity	Long	Philippines
MSA MSA Safety Incorporated	3.41 mm	71.99 k shares	2.61	Common equity	Long	Morocco
HOA Phat Group Jsc VND10000	3.38 mm	3.20 mm shares	2.59	Common equity	Long	Viet Nam
BCG Binah Capital Group, Inc.	3.37 mm	823.42 k shares	2.58	Common equity	Long	UK
Commercial International Bank (Egypt) SAE GDR EACH REPR 1 ORD EGP10 REG'S'	3.19 mm	2.06 mm shares	2.44	Common equity	Long	Egypt
Allegro.eu SA PLN0.01	3.04 mm	345.68 k shares	2.32	Common equity	Long	Luxembourg
Emaar Properties PJSC AED1	2.85 mm	1.21 mm shares	2.18	Common equity	Long	United Arab Emirates
Jollibee Foods Corp. PHP1	2.81 mm	617.13 k shares	2.15	Common equity	Long	Philippines
CMTOY Cementos Argos S.A.	2.80 mm	289.90 k shares	2.15	Common equity	Long	Colombia
Bank Central Asia Tbk PT IDR12.50	2.80 mm	4.28 mm shares	2.14	Common equity	Long	Indonesia
MWG Multi Ways Holdings Limited	2.72 mm	1.04 mm shares	2.08	Common equity	Long	Viet Nam
Vietnam Dairy Products JSC VND10000	2.69 mm	1.03 mm shares	2.06	Common equity	Long	Viet Nam
Ferreycorp S A A PEN1	2.63 mm	3.30 mm shares	2.01	Common equity	Long	Peru
Universal Robina Corp. PHP1	2.57 mm	1.54 mm shares	1.97	Common equity	Long	Philippines
BDO Unibank Inc. PHP10	2.41 mm	921.14 k shares	1.84	Common equity	Long	Philippines
Agthia Group Pjsc COM STK AED1	2.34 mm	1.13 mm shares	1.79	Common equity	Long	United Arab Emirates
Saigon Beer Alcohol Beverage Corporation VND10000	2.29 mm	1.05 mm shares	1.75	Common equity	Long	Viet Nam
CIB Bancolombia S.A.	2.29 mm	71.61 k shares	1.75	Common equity	Long	Colombia
Wilcon Depot Inc PHP1	2.08 mm	7.51 mm shares	1.59	Common equity	Long	Philippines
Square Pharmaceuticals PLC BDT10	2.02 mm	1.11 mm shares	1.55	Common equity	Long	Bangladesh
Brac Bank PLC BDT10	1.96 mm	4.56 mm shares	1.50	Common equity	Long	Bangladesh
Attijariwafa Bank MAD10	1.95 mm	35.45 k shares	1.49	Common equity	Long	Morocco
EPAM EPAM Systems, Inc.	1.89 mm	9.99 k shares	1.44	Common equity	Long	USA
Astra International Tbk PT IDR50	1.79 mm	5.51 mm shares	1.37	Common equity	Long	Indonesia
PT Sumber Alfaria Trijaya Tbk IDR10	1.75 mm	8.26 mm shares	1.34	Common equity	Long	Indonesia
Societatea National De Gaze N Romgaz Sa RON1	1.63 mm	1.37 mm shares	1.25	Common equity	Long	Romania
Krka d.d. NPV	1.62 mm	10.99 k shares	1.24	Common equity	Long	Slovenia
SCS Steelcase Inc.	1.57 mm	528.49 k shares	1.20	Common equity	Long	Viet Nam
Mouwasat Medical Services Co SAR10	1.54 mm	61.69 k shares	1.18	Common equity	Long	Saudi Arabia
Bumrungrad Hospital Public Co Ltd. THB1(ALIEN MKT)	1.52 mm	188.80 k shares	1.16	Common equity	Long	Thailand
Equity Group Holdings Ltd KES0.50	1.44 mm	3.92 mm shares	1.10	Common equity	Long	Kenya
AAFRF Airtel Africa Plc	1.43 mm	1.09 mm shares	1.10	Common equity	Long	UK
Safaricom Public Limited Company KES0.05	1.42 mm	10.98 mm shares	1.08	Common equity	Long	Kenya
Robinsons Retail Holdings Inc. PHP1	1.05 mm	1.56 mm shares	0.80	Common equity	Long	Philippines
HSBC 0 05/30/25 EMUC	997.02 k	209.63 k principal	0.76	Debt	Long	UK
AL Rajhi Banking & Investment Corp SAR10	982.92 k	42.02 k shares	0.75	Common equity	Long	Saudi Arabia
Bupa Arabia For Cooperative Insurance Co. SAR10	848.69 k	15.85 k shares	0.65	Common equity	Long	Saudi Arabia
Jarir Marketing Company SAR1	818.22 k	232.38 k shares	0.63	Common equity	Long	Saudi Arabia
GP GreenPower Motor Company Inc.	783.66 k	297.92 k shares	0.60	Common equity	Long	Bangladesh
Integrated Diagnostics Holdings Plc ORD USD0.25	742.36 k	1.48 mm shares	0.57	Common equity	Long	Jersey
Helios Towers PLC ORD GBP0.01	733.20 k	534.93 k shares	0.56	Common equity	Long	UK
Maroc Telecom MAD6	655.04 k	72.51 k shares	0.50	Common equity	Long	Morocco
East African Breweries PLC KES2	579.03 k	409.50 k shares	0.44	Common equity	Long	Kenya
Alicorp SAA PEN1	447.46 k	259.77 k shares	0.34	Common equity	Long	Peru
Ericsson Nikola Tesla D.D. NPV	245.13 k	1.22 k shares	0.19	Common equity	Long	Croatia
Cementos Pacasmayo S.A.A. PEN1	187.72 k	149.13 k shares	0.14	Common equity	Long	Peru