Hardman Johnston Global Advisors LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 27, 2025), Hardman Johnston Global Advisors LLC reported 72 stock positions worth $2.0 billion. Its top holding was MercadoLibre (MELI) at 8.9% of the portfolio, followed by Icici Bank Ltd.-Spon ADR (IBN, 8.5%) and HDFC Bank Ltd.-ADR (HDB, 7.2%). Compared with Q2 2025, it opened 3 new positions, sold out of 4, added to 7 and reduced 50. The biggest buy was a new position in Estee Lauder Companies Class A (EL) and the biggest sale Atlassian Class A (TEAM, shares −89%).
- Most Recent 13F
- Q2 2026
- Location
- Stamford, CT
- CIK
- 0001006364
- Portfolio Value
- $2.0B (Q3 2025)
- SEC Filing
- 0001172661-25-004431 ↗ filed Oct 27, 2025
Holdings Value
Holdings 72 stocks · $2.0B
| MELI MercadoLibre Inc. | 8.91% | 77,574 | $181.3M | Add +10.4% |
| IBN Icici Bank Ltd.-Spon ADR | 8.52% | 5,735,971 | $173.4M | Add +10.2% |
| HDB HDFC Bank Ltd.-ADR | 7.17% | 4,269,682 | $145.9M | Add +10.0% |
| ASML ASML Holding NV-NY Reg SHS | 6.13% | 128,863 | $124.8M | Reduce -15.8% |
| NVDA Nvidia Corp. | 5.30% | 577,938 | $107.8M | Reduce -15.3% |
| HWM Howmet Aerospace Inc. | 4.84% | 502,425 | $98.6M | Reduce -12.2% |
| TSM Taiwan Semiconductor-SP ADR | 4.19% | 305,072 | $85.2M | Reduce -12.8% |
| MSFT Microsoft Corp. | 4.02% | 157,958 | $81.8M | Reduce -12.8% |
| GOOGL Alphabet Inc. Class A | 3.58% | 299,830 | $72.9M | Reduce -17.8% |
| MA Mastercard Inc. Class A | 3.10% | 110,961 | $63.1M | Reduce -12.2% |
| VRT Vertiv Holdings Co. Class A | 2.61% | 352,205 | $53.1M | Reduce -13.4% |
| CW Curtiss-Wright Corp. | 2.58% | 96,660 | $52.5M | Reduce -16.8% |
| AAPL Apple Inc. | 2.34% | 186,670 | $47.5M | Reduce -19.0% |
| AZN Astrazeneca PLC-Spons ADR | 2.12% | 561,582 | $43.1M | Add +1.6% |
| CTVA Corteva Inc. | 2.05% | 617,507 | $41.8M | Reduce -26.9% |
| SCHW Schwab (charles) Corp. | 1.70% | 362,567 | $34.6M | Reduce -18.4% |
| UBER Uber Technologies Inc. | 1.68% | 349,450 | $34.2M | Reduce -1.3% |
| META Meta Platforms Inc. Class A | 1.61% | 44,722 | $32.8M | Reduce -16.3% |
| MRSH Marsh & McLennan Cos | 1.58% | 159,985 | $32.2M | Reduce -19.9% |
| VRTX Vertex Pharmaceuticals Inc. | 1.52% | 79,152 | $31.0M | Reduce -26.9% |
| OLED Universal Display Corp. | 1.50% | 212,103 | $30.5M | Reduce -19.1% |
| ADP Automatic Data Processing | 1.40% | 97,211 | $28.5M | Reduce -21.3% |
| EW Edwards Lifesciences Corp. | 1.34% | 350,894 | $27.3M | Reduce -14.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.21% | 477,788 | $24.6M | Reduce -4.6% |
| AEIS Advanced Energy Industries | 1.17% | 139,816 | $23.8M | Reduce -18.8% |
| TMUS T-Mobile US Inc. | 1.15% | 98,043 | $23.5M | Reduce -26.9% |
| SN Sharkninja Inc. | 1.14% | 225,339 | $23.2M | Reduce -14.8% |
| BSX Boston Scientific Corp. | 1.14% | 237,353 | $23.2M | Add +1.6% |
| IQV Iqvia Holdings Inc. | 1.12% | 119,776 | $22.8M | Reduce -16.4% |
| MDT Medtronic PLC | 1.10% | 235,159 | $22.4M | Add +26.1% |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 1.09% | 252,148 | $22.2M | New |
| PYPL PayPal Holdings Inc. | 1.06% | 321,996 | $21.6M | Reduce -17.1% |
| ADBE Adobe Inc. | 1.02% | 58,981 | $20.8M | Reduce -16.5% |
| AMZN Amazon.com Inc. | 0.99% | 91,355 | $20.1M | Reduce -20.0% |
| HXL Hexcel Corp. | 0.85% | 275,897 | $17.3M | Reduce -8.5% |
| CMCSA Comcast Corp. Class A | 0.77% | 498,173 | $15.7M | Reduce -19.3% |
| ILMN Illumina Inc. | 0.73% | 157,384 | $14.9M | Reduce -14.8% |
| BDX Becton Dickinson and Co. | 0.61% | 66,072 | $12.4M | Reduce -15.4% |
| STM Stmicroelectronics NV-NY SHS | 0.54% | 386,540 | $10.9M | New |
| SWK Stanley Black & Decker Inc. | 0.49% | 133,348 | $9.9M | Reduce -0.1% |
| LLY Eli Lilly & Co. | 0.43% | 11,447 | $8.7M | Reduce -35.5% |
| UNH Unitedhealth Group Inc. | 0.43% | 25,082 | $8.7M | Reduce -6.4% |
| ALB Albemarle Corp. | 0.42% | 105,332 | $8.5M | Reduce -8.1% |
| TEAM Atlassian Corp. Class A | 0.41% | 52,355 | $8.4M | Reduce -89.3% |
| GOOG Alphabet Inc. Class C | 0.30% | 25,000 | $6.1M | Reduce -30.1% |
| MRVL Marvell Technology Inc. | 0.26% | 61,860 | $5.2M | Reduce -34.0% |
| ABT Abbott Laboratories | 0.25% | 37,584 | $5.0M | Reduce -16.6% |
| FMC FMC Corp. | 0.24% | 147,575 | $5.0M | Reduce -23.2% |
| EPD Enterprise Products Partners | 0.24% | 157,148 | $4.9M | Reduce -18.1% |
| PLD Prologis Inc. | 0.13% | 23,972 | $2.7M | Reduce -14.4% |
| PG The Procter & Gamble Co. | 0.13% | 16,700 | $2.6M | No change |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.11% | 23,350 | $2.1M | Reduce -33.3% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 0.10% | 10,630 | $2.1M | No change |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.09% | 56,023 | $1.9M | Reduce -38.6% |
| CCJ Cameco Corp. | 0.08% | 19,870 | $1.7M | Reduce -8.4% |
| MRK Merck & Co. Inc. | 0.05% | 12,750 | $1.1M | No change |
| XOM Exxon Mobil Corp. | 0.05% | 8,883 | $1.0M | No change |
| CVX Chevron Corp. | 0.04% | 5,400 | $839K | No change |
| BA The Boeing Co. | 0.04% | 3,645 | $787K | Add +83.6% |
| HSY The Hershey Co. | 0.03% | 2,900 | $542K | No change |
| NBIS Nebius Group NV | 0.03% | 4,665 | $524K | Reduce -34.3% |
| TCOM Trip.com Group Ltd.-ADR | 0.02% | 5,750 | $432K | No change |
| OKE Oneok Inc. | 0.02% | 5,369 | $392K | Reduce -57.5% |
| MCHP Microchip Technology Inc. | 0.02% | 5,900 | $379K | Reduce -14.5% |
| SHEL Shell PLC-ADR | 0.02% | 5,000 | $358K | No change |
| GE General Electric filed as GE AEROSPACE | 0.02% | 1,146 | $345K | Reduce -25.9% |
| AVGO Broadcom Inc. | 0.02% | 1,000 | $330K | Reduce -16.7% |
| GEV GE Vernova Inc. | 0.02% | 511 | $314K | No change |
| HIW Highwoods Properties Inc. | 0.02% | 9,700 | $309K | No change |
| IAU iShares Gold Trust | 0.01% | 3,600 | $262K | No change |
| ES Eversource Energy | 0.01% | 3,000 | $213K | New |
| PAYX Paychex Inc. | 0.01% | 1,600 | $203K | No change |
Portfolio Sells Q2 2025 → Q3 2025
| TEAM Atlassian Corp. Class A | Reduce -89.3% | 0.41% | −3.99 |
| CTVA Corteva Inc. | Reduce -26.9% | 2.05% | −0.74 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -26.9% | 1.52% | −0.61 |
| NVO Novo-Nordisk A/S-Spons ADR | Sold out | 0.00% | −0.46 |
| MRSH Marsh & McLennan Cos | Reduce -19.9% | 1.58% | −0.35 |
| ELV Elevance Health Inc. | Sold out | 0.00% | −0.30 |
| OLED Universal Display Corp. | Reduce -19.1% | 1.50% | −0.30 |
| ADP Automatic Data Processing | Reduce -21.3% | 1.40% | −0.29 |
| TMUS T-Mobile US Inc. | Reduce -26.9% | 1.15% | −0.26 |
| PYPL PayPal Holdings Inc. | Reduce -17.1% | 1.06% | −0.22 |
| CMCSA Comcast Corp. Class A | Reduce -19.3% | 0.77% | −0.21 |
| ADBE Adobe Inc. | Reduce -16.5% | 1.02% | −0.19 |
| LLY Eli Lilly & Co. | Reduce -35.5% | 0.43% | −0.18 |
| META Meta Platforms Inc. Class A | Reduce -16.3% | 1.61% | −0.13 |
| AMZN Amazon.com Inc. | Reduce -20.0% | 0.99% | −0.13 |
| FMC FMC Corp. | Reduce -23.2% | 0.24% | −0.11 |
| SCHW Schwab (charles) Corp. | Reduce -18.4% | 1.70% | −0.10 |
| EW Edwards Lifesciences Corp. | Reduce -14.8% | 1.34% | −0.09 |
| MRVL Marvell Technology Inc. | Reduce -34.0% | 0.26% | −0.07 |
| MA Mastercard Inc. Class A | Reduce -12.2% | 3.10% | −0.05 |
| ILMN Illumina Inc. | Reduce -14.8% | 0.73% | −0.05 |
| SLB SLB Ltd. | Reduce -38.6% | 0.09% | −0.04 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -33.3% | 0.11% | −0.04 |
| OKE Oneok Inc. | Reduce -57.5% | 0.02% | −0.03 |
| ABT Abbott Laboratories | Reduce -16.6% | 0.25% | −0.02 |
| EPD Enterprise Products Partners | Reduce -18.1% | 0.24% | −0.02 |
| SN Sharkninja Inc. | Reduce -14.8% | 1.14% | −0.02 |
| BABA Alibaba Group Holding-SP ADR | Sold out | 0.00% | −0.02 |
| EMR Emerson Electric Co. | Sold out | 0.00% | −0.01 |
| MCHP Microchip Technology Inc. | Reduce -14.5% | 0.02% | −0.00 |
| GE General Electric | Reduce -25.9% | 0.02% | −0.00 |
| AVGO Broadcom Inc. | Reduce -16.7% | 0.02% | +0.00 |
| PLD Prologis Inc. | Reduce -14.4% | 0.13% | +0.00 |
| NBIS Nebius Group NV | Reduce -34.3% | 0.03% | +0.01 |
| CCJ Cameco Corp. | Reduce -8.4% | 0.08% | +0.01 |
| BDX Becton Dickinson and Co. | Reduce -15.4% | 0.61% | +0.01 |
| GOOG Alphabet Inc. Class C | Reduce -30.1% | 0.30% | +0.02 |
| MSFT Microsoft Corp. | Reduce -12.8% | 4.02% | +0.02 |
| UNH Unitedhealth Group Inc. | Reduce -6.4% | 0.43% | +0.06 |
| CW Curtiss-Wright Corp. | Reduce -16.8% | 2.58% | +0.06 |
| SWK Stanley Black & Decker Inc. | Reduce -0.1% | 0.49% | +0.09 |
| HXL Hexcel Corp. | Reduce -8.5% | 0.85% | +0.09 |
| ALB Albemarle Corp. | Reduce -8.1% | 0.42% | +0.10 |
| IQV Iqvia Holdings Inc. | Reduce -16.4% | 1.12% | +0.12 |
| HWM Howmet Aerospace Inc. | Reduce -12.2% | 4.84% | +0.12 |
| AEIS Advanced Energy Industries | Reduce -18.8% | 1.17% | +0.16 |
| BAC Bank of America Corp. | Reduce -4.6% | 1.21% | +0.16 |
| UBER Uber Technologies Inc. | Reduce -1.3% | 1.68% | +0.22 |
| AAPL Apple Inc. | Reduce -19.0% | 2.34% | +0.24 |
| VRT Vertiv Holdings Co. Class A | Reduce -13.4% | 2.61% | +0.30 |
Portfolio Buys Q2 2025 → Q3 2025
| EL Estee Lauder Companies Class A | New | 1.09% | +1.09 |
| MELI MercadoLibre Inc. | Add +10.4% | 8.91% | +0.77 |
| IBN Icici Bank Ltd.-Spon ADR | Add +10.2% | 8.52% | +0.76 |
| HDB HDFC Bank Ltd.-ADR | Add +10.0% | 7.17% | +0.57 |
| STM Stmicroelectronics NV-NY SHS | New | 0.54% | +0.54 |
| AZN Astrazeneca PLC-Spons ADR | Add +1.6% | 2.12% | +0.40 |
| MDT Medtronic PLC | Add +26.1% | 1.10% | +0.38 |
| BSX Boston Scientific Corp. | Add +1.6% | 1.14% | +0.03 |
| BA The Boeing Co. | Add +83.6% | 0.04% | +0.02 |
| ES Eversource Energy | New | 0.01% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 77 | $2.9B | CCJ, FTI, ASML, IBN, MELI |
| Q1 2026 | 73 | $2.1B | CCJ, ASML, MELI, FTI, HWM |
| Q4 2025 | 71 | $2.1B | ASML, IBN, HDB, MELI, HWM |
| Q3 2025 | 72 | $2.0B | MELI, IBN, HDB, ASML, NVDA |
| Q2 2025 | 73 | $2.3B | MELI, IBN, HDB, ASML, NVDA |
| Q1 2025 | 73 | $2.1B | IBN, HDB, MELI, TEAM, ASML |
| Q4 2024 | 80 | $2.4B | MELI, HDB, IBN, FTI, TEAM |
| Q3 2024 | 77 | $2.6B | MELI, FTI, HDB, IBN, HWM |
| Q2 2024 | 74 | $2.6B | MELI, FTI, HDB, IBN, ASML |
| Q1 2024 | 76 | $2.9B | MELI, FTI, IBN, TEAM, ASML |