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 |
Public Service Enterprise Group
PEG
|
+$191M |
| 2 |
United Parcel Service
UPS
|
+$155M |
| 3 |
General Mills
GIS
|
+$125M |
| 4 |
Coca-Cola
KO
|
+$108M |
| 5 |
ExxonMobil
XOM
|
+$102M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
McDonald's
MCD
|
+$561M |
| 2 |
Southern Company
SO
|
+$240M |
| 3 |
Novartis
NVS
|
+$166M |
| 4 |
NXP Semiconductors
NXPI
|
+$141M |
| 5 |
Philip Morris
PM
|
+$114M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 16.06% |
| 2 | Consumer Staples | 14.08% |
| 3 | Utilities | 10.58% |
| 4 | Communication Services | 9.92% |
| 5 | Technology | 9.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
AbbVie
ABBV
$514B
| $1.1B | 3.16% |
15,129,223
-326,904
| -2% | -$22M |
2013 Q2
16 quarters
|
|
2
AT&T
T
$141B
| $1.05B | 3.01% |
36,748,417
+687,406
| +2% | +$20.3M |
2013 Q2
16 quarters
|
|
|
3
Philip Morris
PM
$325B
| $1.02B | 2.94% |
8,684,126
-985,676
| -10% | -$114M |
2013 Q2
16 quarters
|
|
4
Altria Group
MO
$128B
| $949M | 2.73% |
12,736,904
+227,112
| +2% | +$16.6M |
2013 Q2
16 quarters
|
|
5
Verizon
VZ
$181B
| $933M | 2.69% |
20,896,007
+956,578
| +5% | +$44.6M |
2013 Q2
16 quarters
|
|
|
6
Coca-Cola
KO
$399B
| $861M | 2.48% |
19,202,172
+2,440,395
| +15% | +$108M |
2013 Q2
16 quarters
|
|
7
Crown Castle
CCI
$37.8B
| $837M | 2.41% |
8,353,085
-897,948
| -10% | -$88.2M |
2013 Q2
16 quarters
|
|
8
Duke Energy
DUK
$98.2B
| $792M | 2.28% |
9,473,847
+141,551
| +2% | +$11.9M |
2013 Q2
16 quarters
|
|
|
9
ExxonMobil
XOM
$754B
| $702M | 2.02% |
8,700,079
+1,244,873
| +17% | +$102M |
2013 Q2
16 quarters
|
|
10
Dominion Energy
D
$57.3B
| $687M | 1.98% |
8,967,983
+461,484
| +5% | +$36.3M |
2013 Q2
16 quarters
|
|
11
Chevron
CVX
$454B
| $685M | 1.97% |
6,570,002
+622,972
| +10% | +$66M |
2013 Q2
16 quarters
|
|
12
Merck
MRK
$361B
| $681M | 1.96% |
11,140,073
-311,160
| -3% | -$18.9M |
2013 Q2
16 quarters
|
|
13
PPL Corp
PPL
$26.8B
| $576M | 1.66% |
14,906,625
+386,605
| +3% | +$15M |
2013 Q2
16 quarters
|
|
14
Procter & Gamble
PG
$372B
| $560M | 1.61% |
6,429,890
-275,321
| -4% | -$24.3M |
2013 Q2
16 quarters
|
|
|
15
McDonald's
MCD
$182B
| $549M | 1.58% |
3,583,945
-3,880,239
| -52% | -$561M |
2013 Q2
16 quarters
|
|
16
Occidental Petroleum
OXY
$63B
| $453M | 1.3% |
7,569,462
+1,152,152
| +18% | +$70.5M |
2013 Q2
16 quarters
|
|
17
Ventas
VTR
$44.3B
| $446M | 1.28% |
6,422,802
+136,293
| +2% | +$9.07M |
2013 Q2
16 quarters
|
|
18
Kimberly-Clark
KMB
$36.6B
| $422M | 1.21% |
3,266,146
+55,108
| +2% | +$7.17M |
2013 Q2
16 quarters
|
|
|
19
Southern Company
SO
$107B
| $363M | 1.04% |
7,579,923
-4,795,038
| -39% | -$240M |
2013 Q2
16 quarters
|
|
|
20
Public Service Enterprise Group
PEG
$36.7B
| $289M | 0.83% |
6,711,861
+4,314,015
| +180% | +$191M |
2013 Q2
16 quarters
|
|
21
Vodafone
VOD
$36.1B
| $276M | 0.8% |
9,620,051
+492,968
| +5% | +$13.7M |
2013 Q2
16 quarters
|
|
22
American Electric Power
AEP
$70.4B
| $270M | 0.78% |
3,885,501
+8,230
| +0.2% | +$572K |
2013 Q2
16 quarters
|
|
23
Veeva Systems
VEEV
$50.2B
| $256M | 0.74% |
4,173,641
-629,798
| -13% | -$36.4M |
2013 Q4
14 quarters
|
|
|
24
General Mills
GIS
$17.8B
| $250M | 0.72% |
4,516,168
+2,195,397
| +95% | +$125M |
2013 Q2
16 quarters
|
|
25
JPMorgan Chase
JPM
$912B
| $226M | 0.65% |
2,478,065
+171,005
| +7% | +$14.8M |
2013 Q2
16 quarters
|
|
Similar funds
Federated Hermes's Q2 2017 Portfolio in Review
As of Q2 2017, Federated Hermes held 2,275 positions worth $34.7B, down 0.86% from $35B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Federated Hermes withdrew a net $1.1B in Q2 2017, closing 159 positions and reducing 898 holdings. Its most notable exit was Mobileye N.V., an estimated $88.8M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 16% of assets, up from 16% a quarter earlier, followed by Consumer Staples and Utilities.
Against the trend, Federated Hermes opened a new position in DXC Technology worth $51.3M.
- Federated Hermes's largest Q2 2017 buy was DXC Technology: 772,344 shares worth $51.3M.
- Federated Hermes added most to Public Service Enterprise Group in Q2 2017, an estimated $191M increase.
- Federated Hermes's biggest Q2 2017 reduction was McDonald's, cutting an estimated $561M.
- Federated Hermes fully exited Mobileye N.V. in Q2 2017, selling an estimated $88.8M.
- Federated Hermes's ten largest holdings make up 26% of its $34.7B portfolio in Q2 2017.
- Federated Hermes opened 162 new positions and closed 159 in Q2 2017.
- Federated Hermes's portfolio value fell 0.86% quarter-over-quarter to $34.7B.
Based on Federated Hermes's 13F filing for Q2 2017, filed 4 Aug 2017.