Harding Loevner
Harding Loevner Global Developed Markets Equity
Global Mega-cap
Dec 2024 → Aug 2026
Our archive holds 9 letters from this strategy, behind 6 investment theses and positions in 43 companies. Every quote below is copied verbatim from the letter it came from.
9 letters in 3 years — follow all of Harding Loevner for every strategy.
Also held
Its investment theses
- ASMLJun 2026ASML holds a critical monopoly position in EUV lithography, giving it durable advantages beyond the current cycle.
- TSMCJun 2026TSMC’s leadership in cutting-edge semiconductor manufacturing has not been challenged, giving it durable advantages.
- MicrosoftJun 2026Microsoft provides critical services that are costly to replace, and its long-term value may be understated.
- SafranMar 2026Safran is an aircraft engine maker with a highly attractive aftermarket model and durable high-margin revenue streams.
- AccentureSep 2025Accenture is focusing on modernizing its business to capitalize on AI opportunities, backed by strong partnerships and a skilled workforce.
- The Trade DeskSep 2025The Trade Desk is a digital advertising platform poised for growth despite competitive challenges, benefiting from the shift in ad spending from traditional TV to digital channels.