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 |
Coca-Cola
KO
|
+$236M |
| 2 |
Occidental Petroleum
OXY
|
+$141M |
| 3 |
AstraZeneca
AZN
|
+$119M |
| 4 |
AbbVie
ABBV
|
+$107M |
| 5 |
Crown Castle
CCI
|
+$97.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
General Mills
GIS
|
+$175M |
| 2 |
Wells Fargo
WFC
|
+$114M |
| 3 |
Premier
PINC
|
+$71.8M |
| 4 |
Omega Healthcare
OHI
|
+$71M |
| 5 |
The Kraft Heinz Company
KHC
|
+$69.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 17.81% |
| 2 | Consumer Staples | 17.16% |
| 3 | Utilities | 10.28% |
| 4 | Communication Services | 10.09% |
| 5 | Technology | 8.15% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Verizon
VZ
$185B
| $1.06B | 3.04% |
20,340,583
+1,420,997
| +8% | +$76.3M |
2013 Q2
13 quarters
|
|
2
Philip Morris
PM
$325B
| $1.05B | 3.03% |
10,843,388
+956,619
| +10% | +$95.8M |
2013 Q2
13 quarters
|
|
3
AT&T
T
$144B
| $1.04B | 2.99% |
33,908,773
+2,627,111
| +8% | +$83M |
2013 Q2
13 quarters
|
|
4
Merck
MRK
$369B
| $1.03B | 2.95% |
17,241,041
+800,088
| +5% | +$46.8M |
2013 Q2
13 quarters
|
|
|
5
AbbVie
ABBV
$521B
| $944M | 2.72% |
14,963,178
+1,647,581
| +12% | +$107M |
2013 Q2
13 quarters
|
|
6
Procter & Gamble
PG
$374B
| $909M | 2.62% |
10,129,633
-393,410
| -4% | -$34.2M |
2013 Q2
13 quarters
|
|
7
Duke Energy
DUK
$99.3B
| $804M | 2.31% |
10,043,403
+741,722
| +8% | +$61.4M |
2013 Q2
13 quarters
|
|
8
Southern Company
SO
$108B
| $794M | 2.29% |
15,478,429
+1,331,440
| +9% | +$70.1M |
2013 Q2
13 quarters
|
|
9
Altria Group
MO
$130B
| $759M | 2.18% |
12,006,848
-985,638
| -8% | -$65.5M |
2013 Q2
13 quarters
|
|
10
McDonald's
MCD
$183B
| $666M | 1.92% |
5,777,339
+530,837
| +10% | +$62.9M |
2013 Q2
13 quarters
|
|
11
ExxonMobil
XOM
$764B
| $659M | 1.9% |
7,551,488
+649,746
| +9% | +$57.6M |
2013 Q2
13 quarters
|
|
12
Chevron
CVX
$459B
| $647M | 1.86% |
6,285,409
+736,630
| +13% | +$75.2M |
2013 Q2
13 quarters
|
|
|
RAI
13
DELISTED
Reynolds American Inc
RAI
| $573M | 1.65% |
12,162,286
+62,998
| +0.5% | +$3.16M |
2013 Q2
13 quarters
|
|
|
14
Crown Castle
CCI
$37.7B
| $533M | 1.53% |
5,657,488
+1,017,048
| +22% | +$97.8M |
2013 Q2
13 quarters
|
|
15
PPL Corp
PPL
$26.8B
| $514M | 1.48% |
14,874,444
+1,704,995
| +13% | +$61.3M |
2013 Q2
13 quarters
|
|
|
16
Coca-Cola
KO
$405B
| $500M | 1.44% |
11,808,340
+5,377,869
| +84% | +$236M |
2013 Q2
13 quarters
|
|
17
Dominion Energy
D
$58.6B
| $490M | 1.41% |
6,593,349
+753,534
| +13% | +$57.4M |
2013 Q2
13 quarters
|
|
|
18
The Kraft Heinz Company
KHC
$28.9B
| $474M | 1.36% |
5,290,519
-782,994
| -13% | -$69.3M |
2015 Q3
4 quarters
|
|
19
Kimberly-Clark
KMB
$35.9B
| $463M | 1.33% |
3,672,706
+57,883
| +2% | +$7.49M |
2013 Q2
13 quarters
|
|
20
Ventas
VTR
$44.8B
| $404M | 1.16% |
5,718,633
+190,779
| +3% | +$13.9M |
2013 Q2
13 quarters
|
|
21
Johnson & Johnson
JNJ
$658B
| $390M | 1.12% |
3,301,139
-397,332
| -11% | -$48.2M |
2013 Q2
13 quarters
|
|
22
BCE
BCE
$19B
| $279M | 0.8% |
6,034,865
+1,029,798
| +21% | +$48.8M |
2013 Q2
13 quarters
|
|
23
Consolidated Edison
ED
$43.1B
| $267M | 0.77% |
3,542,900
+294,811
| +9% | +$22.9M |
2013 Q2
13 quarters
|
|
24
Vodafone
VOD
$36.8B
| $258M | 0.74% |
8,860,438
+2,164,219
| +32% | +$65.9M |
2013 Q2
13 quarters
|
|
25
GSK
GSK
$99.2B
| $242M | 0.7% |
4,489,067
-529,515
| -11% | -$29M |
2013 Q2
13 quarters
|
|
Similar funds
Federated Hermes's Q3 2016 Portfolio in Review
As of Q3 2016, Federated Hermes held 2,251 positions worth $34.8B, up 1.4% from $34.3B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Federated Hermes's Q3 2016 filing shows 163 new, 698 increased, 1,070 reduced and 138 closed positions. Its largest new stake was Valvoline: 1,955,500 shares worth $45.9M. The largest sale was General Mills, an estimated $175M.
By sector, the portfolio is most concentrated in Healthcare at 18% of assets, up from 17% a quarter earlier, followed by Consumer Staples and Utilities.
- Federated Hermes's largest Q3 2016 buy was Valvoline: 1,955,500 shares worth $45.9M.
- Federated Hermes added most to Coca-Cola in Q3 2016, an estimated $236M increase.
- Federated Hermes's biggest Q3 2016 reduction was General Mills, cutting an estimated $175M.
- Federated Hermes fully exited Dominion Energy, Inc. in Q3 2016, selling an estimated $22.6M.
- Federated Hermes's ten largest holdings make up 26% of its $34.8B portfolio in Q3 2016.
- Federated Hermes opened 163 new positions and closed 138 in Q3 2016.
- Federated Hermes's portfolio value rose 1.4% quarter-over-quarter to $34.8B.
Based on Federated Hermes's 13F filing for Q3 2016, filed 10 Nov 2016.