Federated Hermes Portfolio holdings
Federated Hermes is an investment manager that runs mutual funds, ETFs and other portfolios across stocks, bonds, alternative and private markets and liquidity management. It began in 1955 as Federated Investors, set up by three high school classmates: John F. Donahue, Thomas J. Donnelly and Richard B. Fisher. In 2018 the firm bought a majority stake in Hermes Fund Managers, which ran Hermes Investment Management, from the BT Pension Scheme. In 2020 Federated Investors renamed itself Federated Hermes. Its clients include corporations, government entities, insurance companies, foundations, endowments, banks and brokerages.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
AbbVie
ABBV
|
+$620M |
| 2 |
Consolidated Edison
ED
|
+$217M |
| 3 |
Merck
MRK
|
+$162M |
| 4 |
Dominion Energy
D
|
+$112M |
| 5 |
Duke Energy
DUK
|
+$92.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DYAX
DYAX CORPORATION
DYAX
|
+$345M |
| 2 |
Healthpeak Properties
DOC
|
+$198M |
| 3 |
Kellanova
K
|
+$156M |
| 4 |
RAI
Reynolds American Inc
RAI
|
+$132M |
| 5 |
McDonald's
MCD
|
+$123M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Staples | 18.78% |
| 2 | Healthcare | 16.16% |
| 3 | Utilities | 10% |
| 4 | Communication Services | 9.44% |
| 5 | Consumer Discretionary | 9.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Philip Morris
PM
$306B
| $943M | 2.93% |
9,606,623
+220,303
| +2% | +$20.2M |
2013 Q2
11 quarters
|
|
2
Verizon
VZ
$193B
| $916M | 2.84% |
16,943,228
+593,245
| +4% | +$29.7M |
2013 Q2
11 quarters
|
|
3
Altria Group
MO
$129B
| $902M | 2.8% |
14,389,662
+497,256
| +4% | +$30.1M |
2013 Q2
11 quarters
|
|
4
AT&T
T
$150B
| $838M | 2.6% |
28,334,982
+3,230,887
| +13% | +$89.5M |
2013 Q2
11 quarters
|
|
5
Procter & Gamble
PG
$389B
| $783M | 2.43% |
9,512,593
+814,252
| +9% | +$65.6M |
2013 Q2
11 quarters
|
|
6
The Kraft Heinz Company
KHC
$28.7B
| $752M | 2.33% |
9,570,988
+283,159
| +3% | +$21.2M |
2015 Q3
2 quarters
|
|
|
7
Duke Energy
DUK
$100B
| $709M | 2.2% |
8,787,618
+1,225,152
| +16% | +$92.7M |
2013 Q2
11 quarters
|
|
|
8
Merck
MRK
$363B
| $706M | 2.19% |
13,982,779
+3,301,634
| +31% | +$162M |
2013 Q2
11 quarters
|
|
|
9
AbbVie
ABBV
$521B
| $651M | 2.02% |
11,404,149
+11,116,084
| +3,859% | +$620M |
2013 Q2
11 quarters
|
|
|
RAI
10
DELISTED
Reynolds American Inc
RAI
| $639M | 1.98% |
12,696,111
-2,680,376
| -17% | -$132M |
2013 Q2
11 quarters
|
|
|
11
McDonald's
MCD
$194B
| $627M | 1.95% |
4,990,691
-1,030,656
| -17% | -$123M |
2013 Q2
11 quarters
|
|
12
Southern Company
SO
$109B
| $623M | 1.93% |
12,045,820
+394,933
| +3% | +$19.2M |
2013 Q2
11 quarters
|
|
13
ExxonMobil
XOM
$680B
| $564M | 1.75% |
6,743,643
+1,121,719
| +20% | +$89.8M |
2013 Q2
11 quarters
|
|
14
Chevron
CVX
$416B
| $512M | 1.59% |
5,365,734
+643,999
| +14% | +$56.3M |
2013 Q2
11 quarters
|
|
15
PPL Corp
PPL
$26.6B
| $490M | 1.52% |
12,875,065
+1,125,621
| +10% | +$40M |
2013 Q2
11 quarters
|
|
16
Kimberly-Clark
KMB
$66.8B
| $482M | 1.5% |
3,582,258
+227,728
| +7% | +$29.6M |
2013 Q2
11 quarters
|
|
17
Johnson & Johnson
JNJ
$675B
| $373M | 1.16% |
3,448,145
+203,997
| +6% | +$21.1M |
2013 Q2
11 quarters
|
|
|
18
Dominion Energy
D
$59.9B
| $365M | 1.13% |
4,864,504
+1,589,535
| +49% | +$112M |
2013 Q2
11 quarters
|
|
19
General Mills
GIS
$18.3B
| $351M | 1.09% |
5,534,452
+454,520
| +9% | +$26.4M |
2013 Q2
11 quarters
|
|
20
Ventas
VTR
$47.8B
| $322M | 1% |
5,110,528
+734,018
| +17% | +$41.3M |
2013 Q2
11 quarters
|
|
21
Coca-Cola
KO
$420B
| $268M | 0.83% |
5,778,961
+215,079
| +4% | +$9.36M |
2013 Q2
11 quarters
|
|
22
National Grid
NGG
$83.7B
| $259M | 0.8% |
3,757,077
+399,713
| +12% | +$26.7M |
2013 Q2
11 quarters
|
|
|
23
Consolidated Edison
ED
$44.2B
| $243M | 0.75% |
3,169,933
+3,057,661
| +2,723% | +$217M |
2013 Q2
11 quarters
|
|
24
American International
AIG
$43B
| $239M | 0.74% |
4,413,639
-1,952,459
| -31% | -$105M |
2013 Q2
11 quarters
|
|
25
BCE
BCE
$20.1B
| $234M | 0.73% |
5,148,154
+727,833
| +16% | +$30.4M |
2013 Q2
11 quarters
|
|
Similar funds
Federated Hermes's Q1 2016 Portfolio in Review
As of Q1 2016, Federated Hermes held 2,288 positions worth $32.2B, up 2% from $31.6B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Federated Hermes's Q1 2016 filing shows 204 new, 795 increased, 909 reduced and 194 closed positions. Its largest new stake was Acadia Healthcare: 512,600 shares worth $28.2M. The largest sale was DYAX CORPORATION, an estimated $345M.
By sector, the portfolio is most concentrated in Consumer Staples at 19% of assets, up from 18% a quarter earlier, followed by Healthcare and Utilities.
- Federated Hermes's largest Q1 2016 buy was Acadia Healthcare: 512,600 shares worth $28.2M.
- Federated Hermes added most to AbbVie in Q1 2016, an estimated $620M increase.
- Federated Hermes's biggest Q1 2016 reduction was Healthpeak Properties, cutting an estimated $198M.
- Federated Hermes fully exited DYAX CORPORATION in Q1 2016, selling an estimated $345M.
- Federated Hermes's ten largest holdings make up 24% of its $32.2B portfolio in Q1 2016.
- Federated Hermes opened 204 new positions and closed 194 in Q1 2016.
- Federated Hermes's portfolio value rose 2% quarter-over-quarter to $32.2B.
Based on Federated Hermes's 13F filing for Q1 2016, filed 11 May 2016.