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 |
United Parcel Service
UPS
|
+$121M |
| 2 |
Public Storage
PSA
|
+$120M |
| 3 |
Target
TGT
|
+$109M |
| 4 |
Altria Group
MO
|
+$99.5M |
| 5 |
Canadian Imperial Bank of Commerce
CM
|
+$82.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
McDonald's
MCD
|
+$542M |
| 2 |
AbbVie
ABBV
|
+$342M |
| 3 |
Whirlpool
WHR
|
+$139M |
| 4 |
Union Pacific
UNP
|
+$107M |
| 5 |
Merck
MRK
|
+$85.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 15.67% |
| 2 | Consumer Staples | 14.1% |
| 3 | Utilities | 10.54% |
| 4 | Communication Services | 10.25% |
| 5 | Technology | 9.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
AT&T
T
$150B
| $1.09B | 3.14% |
36,958,148
+209,731
| +0.6% | +$5.95M |
2013 Q2
17 quarters
|
|
2
Verizon
VZ
$193B
| $1.07B | 3.08% |
21,683,093
+787,086
| +4% | +$37M |
2013 Q2
17 quarters
|
|
3
Philip Morris
PM
$306B
| $959M | 2.75% |
8,641,765
-42,361
| -0.5% | -$4.93M |
2013 Q2
17 quarters
|
|
|
4
AbbVie
ABBV
$521B
| $945M | 2.71% |
10,636,036
-4,493,187
| -30% | -$342M |
2013 Q2
17 quarters
|
|
|
5
Altria Group
MO
$129B
| $902M | 2.59% |
14,229,109
+1,492,205
| +12% | +$99.5M |
2013 Q2
17 quarters
|
|
6
Coca-Cola
KO
$420B
| $866M | 2.48% |
19,235,108
+32,936
| +0.2% | +$1.5M |
2013 Q2
17 quarters
|
|
7
Crown Castle
CCI
$37.9B
| $832M | 2.39% |
8,325,719
-27,366
| -0.3% | -$2.8M |
2013 Q2
17 quarters
|
|
8
Chevron
CVX
$416B
| $809M | 2.32% |
6,886,218
+316,216
| +5% | +$34.5M |
2013 Q2
17 quarters
|
|
9
Duke Energy
DUK
$100B
| $798M | 2.29% |
9,503,242
+29,395
| +0.3% | +$2.52M |
2013 Q2
17 quarters
|
|
10
ExxonMobil
XOM
$680B
| $765M | 2.2% |
9,336,961
+636,882
| +7% | +$50.6M |
2013 Q2
17 quarters
|
|
11
Dominion Energy
D
$59.9B
| $693M | 1.99% |
9,006,703
+38,720
| +0.4% | +$3.01M |
2013 Q2
17 quarters
|
|
|
12
Merck
MRK
$363B
| $594M | 1.7% |
9,726,276
-1,413,797
| -13% | -$85.7M |
2013 Q2
17 quarters
|
|
13
Procter & Gamble
PG
$389B
| $593M | 1.7% |
6,520,398
+90,508
| +1% | +$8.24M |
2013 Q2
17 quarters
|
|
14
PPL Corp
PPL
$26.6B
| $567M | 1.63% |
14,948,699
+42,074
| +0.3% | +$1.63M |
2013 Q2
17 quarters
|
|
15
Occidental Petroleum
OXY
$57.2B
| $493M | 1.42% |
7,683,305
+113,843
| +2% | +$6.93M |
2013 Q2
17 quarters
|
|
16
Ventas
VTR
$47.8B
| $421M | 1.21% |
6,456,878
+34,076
| +0.5% | +$2.3M |
2013 Q2
17 quarters
|
|
17
Kimberly-Clark
KMB
$66.8B
| $386M | 1.11% |
3,277,984
+11,838
| +0.4% | +$1.45M |
2013 Q2
17 quarters
|
|
18
Public Service Enterprise Group
PEG
$37B
| $333M | 0.96% |
7,200,537
+488,676
| +7% | +$22.1M |
2013 Q2
17 quarters
|
|
19
Southern Company
SO
$109B
| $325M | 0.93% |
6,609,940
-969,983
| -13% | -$47M |
2013 Q2
17 quarters
|
|
|
20
United Parcel Service
UPS
$95.7B
| $310M | 0.89% |
2,585,237
+1,066,365
| +70% | +$121M |
2013 Q2
17 quarters
|
|
21
General Mills
GIS
$18.3B
| $303M | 0.87% |
5,846,665
+1,330,497
| +29% | +$72.9M |
2013 Q2
17 quarters
|
|
22
Vodafone
VOD
$36.2B
| $289M | 0.83% |
10,169,724
+549,673
| +6% | +$15.9M |
2013 Q2
17 quarters
|
|
23
BCE
BCE
$20.1B
| $232M | 0.67% |
4,959,682
+35,670
| +0.7% | +$1.67M |
2013 Q2
17 quarters
|
|
24
JPMorgan Chase
JPM
$912B
| $232M | 0.66% |
2,425,798
-52,267
| -2% | -$4.82M |
2013 Q2
17 quarters
|
|
25
Corcept Therapeutics
CORT
$8.06B
| $230M | 0.66% |
11,915,793
-2,226,502
| -16% | -$33.2M |
2013 Q2
17 quarters
|
|
Similar funds
Federated Hermes's Q3 2017 Portfolio in Review
As of Q3 2017, Federated Hermes held 2,273 positions worth $34.9B, up 0.34% from $34.7B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Federated Hermes withdrew a net $1.16B in Q3 2017, closing 147 positions and reducing 977 holdings. Its most notable exit was Baker Hughes, an estimated $48M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 16% of assets, down from 16% a quarter earlier, followed by Consumer Staples and Utilities.
Against the trend, Federated Hermes opened a new position in Royal Dutch Shell PLC ADS Class B worth $35.4M.
- Federated Hermes's largest Q3 2017 buy was Royal Dutch Shell PLC ADS Class B: 565,652 shares worth $35.4M.
- Federated Hermes added most to United Parcel Service in Q3 2017, an estimated $121M increase.
- Federated Hermes's biggest Q3 2017 reduction was McDonald's, cutting an estimated $542M.
- Federated Hermes fully exited Baker Hughes in Q3 2017, selling an estimated $48M.
- Federated Hermes's ten largest holdings make up 26% of its $34.9B portfolio in Q3 2017.
- Federated Hermes opened 157 new positions and closed 147 in Q3 2017.
- Federated Hermes's portfolio value rose 0.34% quarter-over-quarter to $34.9B.
Based on Federated Hermes's 13F filing for Q3 2017, filed 13 Nov 2017.