Asset manager

Federated Hermes, Inc.

13F for the quarter to June 30, 2026, filed August 12, 2026 · SEC CIK 1056288

Reported value: $69.5bn
Positions we cover: 1,922
Copy, a year: +11.9%
Copy Sharpe ratio: 0.66

How copying its 13F would have done

CopyS&P 500 $10,000 copying Federated Hermes, Inc.'s filed holdings in companies we cover from August 9, 2013, buying on the first trading day after each 13F was filed and holding until the next, against the S&P 500 (total return). Marked weekly, log scale. Before costs and taxes; misses trading within each quarter and anything 13F does not show (shorts, cash, bonds, non-US holdings).

Biggest drop −32.8% (S&P 500 −31.8%); beta 0.95; alpha −1.1% a year (t = −0.81); last 12 months +11.4% against +12.1%.

Reported value by quarter

Federated Hermes, Inc.: 13F reported value Total value of all positions in each quarter's 13F, as filed (values before 2023 were filed in thousands of dollars and are converted).

View chart data

Period	Reported value
2013-06-30	$25.2B
2013-09-30	$25.9B
2013-12-31	$28.9B
2014-03-31	$29.9B
2014-06-30	$31.9B
2014-09-30	$31.1B
2014-12-31	$31.6B
2015-03-31	$32.8B
2015-06-30	$33.3B
2015-09-30	$30.8B
2015-12-31	$31.5B
2016-03-31	$32.2B
2016-06-30	$34.2B
2016-09-30	$34.7B
2016-12-31	$33.3B
2017-03-31	$35B
2017-06-30	$34.7B
2017-09-30	$374K
2017-12-31	$35.4B
2018-03-31	$33B
2018-06-30	$33.5B
2018-09-30	$42.7B
2018-12-31	$36B
2019-03-31	$40.3B
2019-06-30	$41.1B
2019-09-30	$40.5B
2019-12-31	$44.7B
2020-03-31	$33.7B
2020-06-30	$40.2B
2020-09-30	$42.5B
2020-12-31	$48.8B
2021-03-31	$51.4B
2021-06-30	$53.6B
2021-09-30	$52.5B
2021-12-31	$53.5B
2022-03-31	$44.3B
2022-06-30	$36.8B
2022-09-30	$34.1B
2022-12-31	$36.1T
2023-03-31	$39.7B
2023-06-30	$40.2B
2023-09-30	$37.5B
2023-12-31	$40.2B
2024-03-31	$43.4B
2024-06-30	$42.2B
2024-09-30	$45.5B
2024-12-31	$45.6B
2025-03-31	$46.3B
2025-06-30	$53.1B
2025-09-30	$56.6B
2025-12-31	$59.8B
2026-03-31	$61.5B
2026-06-30	$69.5B

Holdings and moves

Company	Share of portfolio	Value	Shares	Change in shares
NVDANVIDIA Corporation	2.73%	$1.9bn	9.48M	+3.6% Added
AAPLApple Inc.	2.55%	$1.8bn	6.13M	+33.0% Added
GOOGLAlphabet Inc. (Class A)	1.97%	$1.4bn	3.83M	−22.1% Reduced
ABBVAbbVie	1.61%	$1.1bn	4.46M	+12.1% Added
MSFTMicrosoft Corporation	1.40%	$975.7m	2.62M	−12.6% Reduced
GEVGE Vernova	1.31%	$909.6m	774.3K	−1.4% Reduced
VIKViking Holdings Ltd	1.24%	$862.5m	8.24M	−4.1% Reduced
AMZNAmazon	1.19%	$827.0m	3.47M	−2.0% Reduced
MUMicron Technology	1.15%	$797.9m	691.3K	+47.6% Added
GEGE Aerospace	1.05%	$731.8m	1.96M	+36.7% Added
USBU.S. Bancorp	1.02%	$712.5m	11.80M	+2.5% Added
AVGOBroadcom	1.02%	$711.2m	1.88M	−21.3% Reduced
FIXComfort Systems USA	0.97%	$676.8m	341.5K	+27.9% Added
PWRQuanta Services	0.89%	$620.1m	861.2K	+17.3% Added
BNYBNY Mellon	0.88%	$610.3m	4.22M	−2.6% Reduced
VZVerizon	0.84%	$581.9m	13.74M	+1.0% Added
PAYXPaychex	0.83%	$578.4m	5.88M	−0.1%
PNCPNC Financial Services	0.81%	$564.7m	2.29M	−20.8% Reduced
PLDPrologis	0.76%	$531.1m	3.92M	+1.2% Added
PMPhilip Morris International	0.76%	$528.2m	2.92M	−15.4% Reduced
PFEPfizer	0.72%	$501.5m	20.83M	−3.0% Reduced
AMGNAmgen	0.71%	$497.0m	1.37M	+20.8% Added
AMCRAmcor	0.71%	$491.7m	11.34M	+6.7% Added
FISVFiserv	0.70%	$485.9m	9.91M	+14.4% Added
DUKDuke Energy	0.69%	$483.1m	3.82M	0.0%
WECWEC Energy Group	0.69%	$481.7m	4.13M	+20.5% Added
FEFirstEnergy	0.67%	$465.7m	9.80M	+0.4%
AMPAmeriprise Financial	0.67%	$464.8m	1.01M	−3.7% Reduced
KIMKimco Realty	0.66%	$460.8m	18.18M	+1.6% Added
PEPPepsiCo	0.66%	$460.2m	3.40M	+16.1% Added
ALABAstera Labs, Inc.	0.65%	$453.2m	938.3K	+244.6% Added
AMDAdvanced Micro Devices	0.64%	$442.2m	761.2K	+119.4% Added
VRTVertiv	0.62%	$430.1m	1.28M	−27.4% Reduced
AMTAmerican Tower	0.61%	$426.7m	2.61M	−5.3% Reduced
COSTCostco	0.61%	$424.2m	453.4K	−8.1% Reduced
CRWDCrowdStrike	0.60%	$420.1m	550.5K	+36.7% Added
TSLATesla, Inc.	0.60%	$419.7m	998.0K	+73.0% Added
METAMeta Platforms	0.60%	$416.3m	739.0K	−1.2% Reduced
LULULululemon Athletica	0.59%	$413.9m	3.63M	+20.7% Added
MDTMedtronic	0.58%	$401.6m	5.13M	+93.9% Added
CVXChevron Corporation	0.57%	$397.9m	2.40M	−31.6% Reduced
TRVThe Travelers Companies	0.55%	$379.9m	1.15M	+0.2%
MRKMerck & Co.	0.53%	$366.5m	2.85M	−5.2% Reduced
VEEVVeeva Systems Inc	0.50%	$350.0m	1.97M	+19.2% Added
PPLPPL Corporation	0.49%	$344.5m	9.48M	+15.3% Added
RFRegions Financial Corporation	0.48%	$337.5m	11.17M	+133822.9% Added
LITELumentum	0.48%	$331.6m	386.4K	+34.4% Added
EVRGEvergy	0.46%	$321.0m	3.71M	0.0%
HWMHowmet Aerospace	0.46%	$318.6m	1.18M	−37.0% Reduced
ADPAutomatic Data Processing	0.46%	$317.1m	1.42M	+2050.8% Added
LRCXLam Research	0.45%	$314.7m	726.2K	+30.0% Added
DDOGDatadog, Inc.	0.45%	$314.5m	1.21M	+45.7% Added
NTRANatera, Inc.	0.45%	$309.2m	1.14M	+4.5% Added
INTUIntuit	0.44%	$307.3m	1.18M	+235.0% Added
LLYLilly (Eli)	0.44%	$306.1m	255.2K	+15.1% Added
CMECME Group	0.44%	$305.9m	1.39M	−11.2% Reduced
GHGuardant Health, Inc.	0.43%	$299.9m	2.00M	+5.9% Added
KMBKimberly-Clark	0.43%	$296.0m	2.70M	+2.1% Added
NFLXNetflix	0.42%	$293.3m	4.11M	+232.7% Added
TSMTaiwan Semiconductor Manufacturing Co LTD	0.41%	$285.2m	597.3K	−15.5% Reduced
TERTeradyne	0.39%	$271.3m	560.8K	−60.2% Reduced
ENBEnbridge Inc	0.38%	$266.5m	4.92M	+0.5%
ITGartner	0.38%	$265.0m	2.04M	+20.9% Added
MOAltria	0.38%	$261.8m	3.64M	+49.5% Added
ANETArista Networks	0.37%	$255.4m	1.50M	+20.4% Added
MDLZMondelez International	0.36%	$252.3m	4.36M	+10.8% Added
ACNAccenture	0.35%	$244.1m	1.96M	+134.5% Added
KLACKLA Corporation	0.35%	$242.6m	804.1K	+856.3% Added
JPMJPMorgan Chase	0.35%	$242.4m	740.6K	+58.6% Added
DRIDarden Restaurants	0.34%	$239.8m	1.16M	+503.6% Added
FIVEFive Below, Inc	0.34%	$238.9m	1.33M	−13.1% Reduced
AMATApplied Materials	0.33%	$232.0m	320.9K	+239.8% Added
TXNTexas Instruments	0.33%	$230.0m	771.7K	+154.3% Added
FTNTFortinet	0.33%	$226.9m	1.48M	+53.8% Added
STTState Street Corporation	0.32%	$221.4m	1.31M	−0.6% Reduced
ADBEAdobe Inc.	0.32%	$218.8m	1.07M	+32.7% Added
ALNYAlnylam Pharmaceuticals, Inc.	0.31%	$216.7m	719.9K	+4.7% Added
HEIHeico Corp	0.29%	$200.8m	563.8K	−7.6% Reduced
MPWRMonolithic Power Systems, Inc.	0.29%	$200.4m	144.9K	+198.5% Added
TFCTruist Financial	0.29%	$198.7m	3.99M	−61.5% Reduced
RYTMRhythm Pharmaceuticals, Inc.	0.28%	$198.3m	1.79M	+38.8% Added
XELXcel Energy	0.28%	$197.4m	2.46M	−15.6% Reduced
TTDTrade Desk, Inc.	0.28%	$196.7m	10.88M	+42.6% Added
TRGPTarga Resources	0.28%	$194.9m	726.8K	+14.2% Added
TRPTC Energy Corp	0.27%	$189.0m	2.85M	+0.6% Added
TYLTyler Technologies Inc	0.27%	$187.9m	642.4K	+101.6% Added
AAPAdvance Auto Parts Inc	0.27%	$186.8m	3.00M	−1.3% Reduced
BTIBritish American Tobacco P.l.c.	0.27%	$186.5m	3.02M	−18.3% Reduced
JNJJohnson & Johnson	0.27%	$186.1m	732.9K	+90.9% Added
COHRCoherent Corp.	0.27%	$185.5m	470.1K	+131961.0% Added
SOSouthern Company	0.27%	$185.4m	1.94M	+2.5% Added
TTTrane Technologies	0.26%	$182.5m	371.5K	−14.4% Reduced
EMEEmcor	0.26%	$180.5m	217.5K	−1.4% Reduced
EXPEExpedia Group	0.26%	$179.0m	699.6K	−3.6% Reduced
SNOWSnowflake Inc.	0.26%	$178.6m	701.6K	+104.9% Added
WMTWalmart	0.26%	$177.5m	1.57M	+48.9% Added
CAHCardinal Health	0.25%	$176.4m	742.5K	−6.6% Reduced
LYVLive Nation Entertainment	0.25%	$176.3m	963.0K	+65.3% Added
VSTVistra Corp.	0.25%	$174.7m	1.10M	+29.2% Added
HSYThe Hershey Company	0.25%	$173.7m	990.2K	+68003.0% Added
RKLBRocket Lab Corp	0.25%	$172.1m	1.69M	+231.3% Added
DECKDeckers Brands	0.25%	$171.9m	1.73M	+1.3% Added
AHRAmerican Healthcare Reit, Inc.	0.25%	$170.9m	3.28M	−0.9% Reduced
AUAnglogold Ashanti PLC	0.24%	$165.1m	2.04M	New
REGNRegeneron Pharmaceuticals	0.23%	$160.2m	256.9K	+0.8% Added
DOXAmdocs LTD	0.23%	$158.8m	3.14M	+16.1% Added
DUOLDuolingo, Inc.	0.23%	$157.8m	1.37M	+9.5% Added
WDCWestern Digital	0.22%	$153.7m	240.6K	+953.1% Added
DOCUDocusign, Inc.	0.21%	$148.1m	3.33M	+76.6% Added
CARTMaplebear Inc.	0.21%	$146.6m	3.10M	−9.3% Reduced
CHWYChewy, Inc.	0.21%	$146.1m	7.43M	+137.7% Added
NNNNNN Reit, Inc.	0.21%	$145.5m	3.13M	+3.2% Added
LUVSouthwest Airlines	0.21%	$144.0m	2.80M	+0.2%
NEMNewmont	0.21%	$143.7m	1.54M	+48.6% Added
TJXTJX Companies	0.21%	$143.6m	948.1K	−24.4% Reduced
VLTOVeralto	0.20%	$142.1m	1.60M	−40.7% Reduced
UNHUnitedHealth Group	0.20%	$140.4m	337.7K	−69.6% Reduced
ALSNAllison Transmission Holdings Inc	0.20%	$139.4m	1.24M	−0.4%
CORCencora	0.20%	$138.8m	490.4K	−34.6% Reduced
ROKRockwell Automation	0.20%	$136.6m	275.9K	+17.8% Added
CRDOCredo Technology Group Holding Ltd	0.19%	$131.3m	482.8K	+40.3% Added
LOARLoar Holdings Inc.	0.19%	$130.7m	1.62M	+5.7% Added
RTXRTX Corporation	0.19%	$129.1m	680.7K	+384.0% Added
INTCIntel	0.18%	$128.8m	922.1K	+2887.3% Added
NVTnVent Electric plc	0.18%	$128.4m	757.0K	−3.8% Reduced
HLTHilton Worldwide	0.18%	$126.9m	383.9K	−17.8% Reduced
UBERUber	0.18%	$125.9m	1.75M	−39.0% Reduced
MRNAModerna	0.18%	$125.7m	1.79M	−9.2% Reduced
CSGPCoStar Group	0.18%	$125.4m	4.43M	+241.1% Added
JBLJabil	0.18%	$124.6m	323.2K	+226.5% Added
BIDUBaidu, Inc.	0.18%	$124.5m	1.09M	+7793.7% Added
BWXTBWX Technologies, Inc.	0.18%	$124.1m	637.5K	+17.9% Added
CHTRCharter Communications	0.18%	$123.5m	868.1K	+239041.3% Added
GDDYGodaddy Inc.	0.18%	$123.4m	1.45M	+58.8% Added
NTRSNorthern Trust	0.18%	$122.1m	702.5K	+3.8% Added
SPOTSpotify Technology S.a.	0.17%	$121.5m	264.7K	+74.6% Added
MPCMarathon Petroleum	0.17%	$120.1m	469.8K	+21.3% Added
NTAPNetApp	0.17%	$119.4m	771.2K	−15.1% Reduced
CECelanese Corp	0.17%	$116.0m	2.52M	−33.3% Reduced
SCHWCharles Schwab Corporation	0.17%	$115.2m	1.25M	−7.3% Reduced
CSCOCisco	0.16%	$114.4m	973.9K	+59.3% Added
EOGEOG Resources	0.16%	$114.4m	881.5K	+14.5% Added
SPCXSpace Exploration Technologies Corp	0.16%	$113.0m	661.6K	New
PRUPrudential Financial	0.16%	$112.1m	1.04M	−5.8% Reduced
ULSUL Solutions Inc.	0.16%	$111.4m	1.09M	+0.3%
BBYBest Buy	0.16%	$111.2m	1.47M	+2.4% Added
GILDGilead Sciences	0.16%	$109.7m	868.4K	+8.9% Added
ISRGIntuitive Surgical	0.16%	$108.9m	273.7K	−0.9% Reduced
ULTAUlta Beauty	0.15%	$107.9m	239.3K	+8.8% Added
POWLPowell Industries Inc	0.15%	$107.5m	375.3K	+139.4% Added

Company	Bought (value)	Shares
AAPLApple Inc.	$440.7m	1.52M
RFRegions Financial Corporation	$337.2m	11.17M
ALABAstera Labs, Inc.	$321.7m	666.1K
ADPAutomatic Data Processing	$302.3m	1.35M
MUMicron Technology	$257.2m	222.8K
AMDAdvanced Micro Devices	$240.6m	414.3K
KLACKLA Corporation	$217.2m	720.1K
INTUIntuit	$215.6m	825.9K
NFLXNetflix	$205.1m	2.87M
DRIDarden Restaurants	$200.0m	971.0K
GEGE Aerospace	$196.7m	526.2K
MDTMedtronic	$194.5m	2.49M
COHRCoherent Corp.	$185.3m	469.8K
TSLATesla, Inc.	$177.2m	421.2K
HSYThe Hershey Company	$173.5m	988.8K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Sold (value)	Shares
TERTeradyne	−$410.7m	−848.7K
GOOGLAlphabet Inc. (Class A)	−$387.6m	−1.08M
UNHUnitedHealth Group	−$321.5m	−773.5K
TFCTruist Financial	−$317.3m	−6.37M
HBANHuntington Bancshares	−$230.6m	−13.01M
AVGOBroadcom	−$192.1m	−508.5K
HWMHowmet Aerospace	−$186.8m	−694.7K
CVXChevron Corporation	−$183.4m	−1.11M
KOThe Coca-Cola Company	−$175.9m	−2.16M
VRTVertiv	−$162.6m	−485.6K
QCOMQualcomm	−$152.2m	−823.8K
PNCPNC Financial Services	−$148.4m	−602.9K
MSFTMicrosoft Corporation	−$140.7m	−377.2K
MDBMongodb, Inc.	−$129.9m	−386.6K
PANWPalo Alto Networks	−$129.4m	−379.3K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Value last quarter	Shares
KVYOKlaviyo, Inc.	$51.4m	2.64M
TUTelus Corp	$33.5m	2.61M
SRADSportradar Group AG	$30.5m	1.82M
ZSZscaler, Inc.	$18.3m	130.4K
CPNGCoupang, Inc.	$9.6m	510.9K
NATLNCR Atleos Corp	$9.2m	211.0K
UPBUpstream Bio, Inc.	$8.8m	979.8K
FWRGFirst Watch Restaurant Group, Inc.	$5.5m	524.0K
TMDXTransmedics Group, Inc.	$5.1m	51.4K
SOFISoFi Technologies, Inc.	$4.0m	253.0K
PLABPhotronics Inc	$3.5m	86.9K
SDHCSmith Douglas Homes Corp.	$3.3m	258.9K
SSTISoundthinking, Inc.	$3.0m	450.0K
METCRamaco Resources, Inc.	$2.3m	147.8K
ATECAlphatec Holdings, Inc.	$2.2m	205.2K
TPBTurning Point Brands, Inc.	$2.0m	22.5K
LIFLife360, Inc.	$1.8m	43.7K
LELands' END, Inc.	$1.0m	92.7K
WLDNWilldan Group, Inc.	$975,834	12.7K
JOBYJoby Aviation, Inc.	$949,859	115.0K
LPLALPL Financial Holdings Inc.	$922,646	3.1K
HDBHdfc Bank LTD	$613,516	24.7K
ASMBAssembly Biosciences, Inc.	$524,586	18.9K
CODACoda Octopus Group, Inc.	$489,448	43.3K
MHMcgraw Hill, Inc.	$450,757	32.9K
ENVXEnovix Corp	$445,998	86.1K
SPCEVirgin Galactic Holdings, Inc	$427,002	175.7K
BURBurford Capital Ltd	$425,626	94.2K
FLYFirefly Aerospace Inc.	$398,580	14.0K
RBLXRoblox Corp	$337,776	6.0K

Technology26.5%
Industrials15.3%
Health Care13.4%
Financials11.1%
Consumer Discretionary8.8%
Communication Services5.5%
Consumer Staples5.3%
Utilities4.7%
Real Estate3.9%
Energy3.0%
Materials2.7%

Share of the value held in companies we cover, by sector.

Period	Copy, a year	S&P 500	Sharpe	S&P 500	Biggest drop	Beta
Whole backtestAugust 9, 2013 to November 2, 2026	+11.9%	+13.9%	0.66	0.77	−32.8%	0.95
2018 onwardsJanuary 5, 2018 to November 2, 2026	+11.0%	+13.9%	0.51	0.66	−32.8%	0.95
Last three yearsNovember 3, 2023 to November 2, 2026	+18.3%	+21.8%	0.98	1.16	−16.8%	0.88
Last yearNovember 7, 2025 to November 2, 2026	+13.2%	+14.2%	0.83	0.84	−7.8%	0.78

From SEC Form 13F data sets. A 13F lists long positions in US-listed shares at the quarter's end, filed up to 45 days later; it does not show shorts, cash, bonds, non-US holdings or trades within the quarter. Positions in companies outside our coverage are not listed here. Research, not investment advice.