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 |
Crown Castle
CCI
|
+$270M |
| 2 |
Coca-Cola
KO
|
+$199M |
| 3 |
Occidental Petroleum
OXY
|
+$168M |
| 4 |
Novartis
NVS
|
+$134M |
| 5 |
McDonald's
MCD
|
+$126M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
RAI
Reynolds American Inc
RAI
|
+$645M |
| 2 |
Merck
MRK
|
+$315M |
| 3 |
The Kraft Heinz Company
KHC
|
+$213M |
| 4 |
DexCom
DXCM
|
+$170M |
| 5 |
ExxonMobil
XOM
|
+$107M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 15.77% |
| 2 | Consumer Staples | 15.23% |
| 3 | Communication Services | 10.51% |
| 4 | Utilities | 9.99% |
| 5 | Technology | 8.33% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
AT&T
T
$147B
| $1.14B | 3.41% |
35,404,165
+1,495,392
| +4% | +$44.1M |
2013 Q2
14 quarters
|
|
2
Verizon
VZ
$192B
| $1.13B | 3.39% |
21,166,107
+825,524
| +4% | +$41.3M |
2013 Q2
14 quarters
|
|
3
AbbVie
ABBV
$518B
| $943M | 2.83% |
15,058,050
+94,872
| +0.6% | +$5.79M |
2013 Q2
14 quarters
|
|
4
Altria Group
MO
$127B
| $939M | 2.81% |
13,886,143
+1,879,295
| +16% | +$121M |
2013 Q2
14 quarters
|
|
5
Philip Morris
PM
$303B
| $929M | 2.78% |
10,155,522
-687,866
| -6% | -$63.7M |
2013 Q2
14 quarters
|
|
|
6
McDonald's
MCD
$199B
| $834M | 2.5% |
6,851,062
+1,073,723
| +19% | +$126M |
2013 Q2
14 quarters
|
|
|
7
Crown Castle
CCI
$37.9B
| $758M | 2.27% |
8,736,412
+3,078,924
| +54% | +$270M |
2013 Q2
14 quarters
|
|
8
Procter & Gamble
PG
$391B
| $747M | 2.24% |
8,882,622
-1,247,011
| -12% | -$106M |
2013 Q2
14 quarters
|
|
9
Southern Company
SO
$109B
| $744M | 2.23% |
15,129,318
-349,111
| -2% | -$17.2M |
2013 Q2
14 quarters
|
|
10
Duke Energy
DUK
$101B
| $722M | 2.16% |
9,305,481
-737,922
| -7% | -$56.5M |
2013 Q2
14 quarters
|
|
|
11
Coca-Cola
KO
$416B
| $688M | 2.06% |
16,587,254
+4,778,914
| +40% | +$199M |
2013 Q2
14 quarters
|
|
|
12
Merck
MRK
$363B
| $666M | 2% |
11,856,137
-5,384,904
| -31% | -$315M |
2013 Q2
14 quarters
|
|
13
Chevron
CVX
$413B
| $649M | 1.95% |
5,514,119
-771,290
| -12% | -$84M |
2013 Q2
14 quarters
|
|
|
14
ExxonMobil
XOM
$672B
| $571M | 1.71% |
6,321,826
-1,229,662
| -16% | -$107M |
2013 Q2
14 quarters
|
|
15
Dominion Energy
D
$60B
| $549M | 1.64% |
7,165,426
+572,077
| +9% | +$42.2M |
2013 Q2
14 quarters
|
|
16
PPL Corp
PPL
$26.7B
| $491M | 1.47% |
14,421,320
-453,124
| -3% | -$15.2M |
2013 Q2
14 quarters
|
|
17
Kimberly-Clark
KMB
$68.1B
| $425M | 1.28% |
3,727,682
+54,976
| +1% | +$6.38M |
2013 Q2
14 quarters
|
|
|
18
Occidental Petroleum
OXY
$56.9B
| $304M | 0.91% |
4,266,806
+2,361,041
| +124% | +$168M |
2013 Q2
14 quarters
|
|
19
Ventas
VTR
$47.7B
| $284M | 0.85% |
4,549,436
-1,169,197
| -20% | -$74M |
2013 Q2
14 quarters
|
|
20
Johnson & Johnson
JNJ
$675B
| $275M | 0.82% |
2,384,722
-916,417
| -28% | -$106M |
2013 Q2
14 quarters
|
|
|
21
The Kraft Heinz Company
KHC
$28.7B
| $245M | 0.73% |
2,803,716
-2,486,803
| -47% | -$213M |
2015 Q3
5 quarters
|
|
22
American Electric Power
AEP
$69.3B
| $240M | 0.72% |
3,805,001
+60,102
| +2% | +$3.71M |
2013 Q2
14 quarters
|
|
23
Consolidated Edison
ED
$44.1B
| $226M | 0.68% |
3,065,549
-477,351
| -13% | -$34.5M |
2013 Q2
14 quarters
|
|
24
BCE
BCE
$20.2B
| $212M | 0.64% |
4,906,903
-1,127,962
| -19% | -$49.8M |
2013 Q2
14 quarters
|
|
25
PepsiCo
PEP
$195B
| $202M | 0.61% |
1,933,910
-125,319
| -6% | -$13.1M |
2013 Q2
14 quarters
|
|
Similar funds
Federated Hermes's Q4 2016 Portfolio in Review
As of Q4 2016, Federated Hermes held 2,275 positions worth $33.4B, down 4% from $34.8B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Federated Hermes withdrew a net $1.84B in Q4 2016, closing 187 positions and reducing 1,124 holdings. Its most notable exit was Valvoline, an estimated $45.9M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 16% of assets, down from 18% a quarter earlier, followed by Consumer Staples and Communication Services.
Against the trend, Federated Hermes opened a new position in ZTO Express worth $40.4M.
- Federated Hermes's largest Q4 2016 buy was ZTO Express: 3,343,100 shares worth $40.4M.
- Federated Hermes added most to Crown Castle in Q4 2016, an estimated $270M increase.
- Federated Hermes's biggest Q4 2016 reduction was Reynolds American Inc, cutting an estimated $645M.
- Federated Hermes fully exited Valvoline in Q4 2016, selling an estimated $45.9M.
- Federated Hermes's ten largest holdings make up 27% of its $33.4B portfolio in Q4 2016.
- Federated Hermes opened 164 new positions and closed 187 in Q4 2016.
- Federated Hermes's portfolio value fell 4% quarter-over-quarter to $33.4B.
Based on Federated Hermes's 13F filing for Q4 2016, filed 10 Feb 2017.