FEDERATED HERMES, INC.
Long book
$61.48B
Q1 2026
Positions
2045
Top-10 weight
16%
concentration
Last quarter
+12.4%
SPY +14.8%
Turnover
13%
of book per quarter
Strategy in plain words
auto-generated from filingsFEDERATED HERMES, INC. is a mechanically diversified allocator, running a $61.48B US long book across 2045 positions.
The portfolio is broadly diversified across 2045 positions (top 10 only 16%). Turnover is modest: positions are typically held for years. Current anchor positions: NVIDIA CORP, ALPHABET INC-CL A, APPLE INC, MICROSOFT CORP, ABBVIE INC.
Over the last 9 quarters its long book ran on average 0.8pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+0.1%
Q2 2024
+9.0%
Q3 2024
+0.4%
Q4 2024
-2.7%
Q1 2025
+9.2%
Q2 2025
+6.1%
Q3 2025
+0.9%
Q4 2025
-1.9%
Q1 2026
+12.4%
Sector allocation
Technology 26%
Industrials 13%
Financials 13%
Healthcare 12%
Consumer discretionary 8%
Utilities 7%
Services media 6%
Other 5%
Long book by quarter
What does FEDERATED HERMES, own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NVDA NVIDIA CORP | Technology | 9.2M | $1.60B | 2.6% | +14.5% |
| GOOGL ALPHABET INC-CL A | Technology | 4.9M | $1.41B | 2.3% | +8.3% |
| AAPL APPLE INC | Technology | 4.6M | $1.17B | 1.9% | +13.2% |
| MSFT MICROSOFT CORP | Technology | 3.0M | $1.11B | 1.8% | -1.5% |
| ABBV ABBVIE INC | Healthcare | 4.0M | $865.6M | 1.4% | +4.8% |
| AVGO BROADCOM INC | Technology | 2.4M | $740.1M | 1.2% | +9.9% |
| AMZN AMAZON.COM INC | Consumer discretionary | 3.5M | $737.8M | 1.2% | -10.7% |
| CVX CHEVRON CORP | Energy | 3.5M | $725.6M | 1.2% | +13.9% |
| GEV GE VERNOVA INC | Industrials | 785.6K | $685.7M | 1.1% | +21.8% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 13.6M | $682.9M | 1.1% | +21.7% |
| VIK VIKING HOLDINGS LTD | Industrials | 8.6M | $631.4M | 1.0% | -0.2% |
| PFE PFIZER INC | Healthcare | 21.5M | $603.1M | 1.0% | +6.1% |
| PNC PNC FINANCIAL SERVICES GROUP | Financials | 2.9M | $602.7M | 1.0% | -1.6% |
| USB US BANCORP | Financials | 11.5M | $598.7M | 1.0% | +0.2% |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 3.4M | $570.3M | 0.9% | -10.4% |
| PAYX PAYCHEX INC | Services media | 5.9M | $542.2M | 0.9% | +144.3% |
| BNY BANK OF NEW YORK MELLON CORP | Financials | 4.3M | $514.2M | 0.8% | +26.7% |
| DUK DUKE ENERGY CORP | Utilities | 3.8M | $499.8M | 0.8% | +5.1% |
| FE FIRSTENERGY CORP | Utilities | 9.8M | $494.1M | 0.8% | +13.6% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 493.4K | $491.7M | 0.8% | +26.3% |
| FISV FISERV INC | Services media | 8.7M | $483.2M | 0.8% | +97.6% |
| TFC TRUIST FINANCIAL CORP | Financials | 10.4M | $476.2M | 0.8% | -1.9% |
| AMP AMERIPRISE FINANCIAL INC | Financials | 1.1M | $467.4M | 0.8% | +8.1% |
| CME CME GROUP INC | Financials | 1.6M | $460.8M | 0.7% | +176.6% |
| LULU LULULEMON ATHLETICA INC | Other | 3.0M | $459.7M | 0.7% | +2271.3% |
| PEP PEPSICO INC | Consumer staples | 2.9M | $454.5M | 0.7% | +9.9% |
| VRT VERTIV HOLDINGS CO-A | Technology | 1.8M | $443.6M | 0.7% | +36.5% |
| HWM HOWMET AEROSPACE INC | Industrials | 1.9M | $433.2M | 0.7% | +20.4% |
| META META PLATFORMS INC-CLASS A | Technology | 748.1K | $428.0M | 0.7% | -1.3% |
| AMCR AMCOR PLC | Other | 10.6M | $422.7M | 0.7% | New |
| TER TERADYNE INC | Technology | 1.4M | $417.9M | 0.7% | -9.2% |
| GE GENERAL ELECTRIC | Industrials | 1.4M | $406.4M | 0.7% | +44.7% |
| PWR QUANTA SERVICES INC | Industrials | 734.5K | $403.2M | 0.7% | +10.3% |
| AMGN AMGEN INC | Healthcare | 1.1M | $399.9M | 0.7% | -36.8% |
| WEC WEC ENERGY GROUP INC | Utilities | 3.4M | $396.4M | 0.6% | +55.1% |
| FIX COMFORT SYSTEMS USA INC | Industrials | 267.0K | $368.2M | 0.6% | -15.9% |
| MRK MERCK & CO. INC. | Healthcare | 3.0M | $361.8M | 0.6% | +20.7% |
| TTE TOTALENERGIES SE | Energy | 3.9M | $350.6M | 0.6% | +0.4% |
| FIVE FIVE BELOW | Consumer discretionary | 1.5M | $349.5M | 0.6% | +1.4% |
| TRV TRAVELERS COS INC/THE | Financials | 1.1M | $335.1M | 0.5% | +17.7% |
| PPL PPL CORP | Utilities | 8.2M | $313.9M | 0.5% | +2.8% |
| XOM EXXON MOBIL CORP | Energy | 1.8M | $312.8M | 0.5% | -61.4% |
| EVRG EVERGY INC | Utilities | 3.7M | $304.1M | 0.5% | -1.3% |
| UNH UNITEDHEALTH GROUP INC | Financials | 1.1M | $300.7M | 0.5% | +1160.1% |
| VEEV VEEVA SYSTEMS INC-CLASS A | Technology | 1.7M | $290.7M | 0.5% | +60.6% |
| IT GARTNER INC | Services media | 1.7M | $267.7M | 0.4% | +4113.0% |
| ENB ENBRIDGE INC | Energy | 4.9M | $264.9M | 0.4% | +0.7% |
| LNG CHENIERE ENERGY INC | Utilities | 904.9K | $256.8M | 0.4% | +11.2% |
| KMB KIMBERLY-CLARK CORP | Other | 2.6M | $254.7M | 0.4% | +29.2% |
| CE CELANESE CORP | Materials | 3.8M | $248.8M | 0.4% | +1.8% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 11, 2026 | 3984 | $61.49B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 12, 2026 | 3963 | $59.86B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 3, 2025 | 4188 | $56.64B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 13, 2025 | 4129 | $53.11B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 8, 2025 | 4009 | $46.36B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 13, 2025 | 4013 | $45.66B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 13, 2024 | 4016 | $45.54B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 8, 2024 | 3689 | $42.19B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 14, 2024 | 3695 | $43.42B | canonical | SEC ↗ |
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