Federated Hermes, Inc.

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 8, 2024), Federated Hermes, Inc. reported 2,013 stock positions worth $42.2 billion. Its top holding was Microsoft (MSFT) at 2.4% of the portfolio, followed by Nvidia (NVDA, 1.9%) and Philip Morris International (PM, 1.6%). Compared with Q1 2024, it opened 149 new positions, sold out of 152, added to 772 and reduced 963. The biggest buy was Prologis (PLD, shares +326%) and the biggest sale an exit from Fusion Pharmaceuticals (FUSN).

Most Recent 13F
Q2 2026
Location
PITTSBURGH, PA
CIK
0001056288
Portfolio Value
$42.2B (Q2 2024)
SEC Filing
0001623632-24-001187 ↗ filed Aug 8, 2024

Holdings Value

0$20.0B$40.0B$60.0B$80.0B Q1 2024: $43.4B Q1 2024 Q2 2024: $42.2B $42.2B Q2 2024 Q3 2024: $45.5B Q3 2024 Q4 2024: $45.6B Q4 2024 Q1 2025: $46.3B Q1 2025 Q2 2025: $53.1B Q2 2025 Q3 2025: $56.6B Q3 2025 Q4 2025: $59.8B Q4 2025 Q1 2026: $61.5B Q1 2026 Q2 2026: $69.5B Q2 2026

Holdings 2,013 stocks · $42.2B

MSFT Microsoft Corp. 2.36% 2,222,846 $993.5M Reduce -0.7%
NVDA Nvidia Corp. 1.93% 6,598,436 $815.2M Reduce -0.8%
PM Philip Morris International 1.60% 6,658,742 $674.7M Reduce -5.3%
VZ Verizon Communications Inc. 1.48% 15,131,777 $624.0M Reduce -3.8%
AMZN Amazon.com Inc. 1.47% 3,218,149 $621.9M Add +3.8%
DUK Duke Energy Corp. 1.29% 5,439,042 $545.2M Reduce -2.4%
AAPL Apple Inc. 1.27% 2,542,666 $535.5M Reduce -2.3%
LYB Lyondellbasell Indu Class A 1.09% 4,788,355 $458.1M Reduce -2.3%
WING Wingstop Inc. 1.05% 1,051,508 $444.4M Reduce -3.8%
GILD Gilead Sciences Inc. 1.03% 6,321,167 $433.7M Add +19.6%
CRWD CrowdStrike Holdings Inc. Class A 1.01% 1,112,272 $426.2M Add +0.9%
PFE Pfizer Inc. 0.99% 14,923,545 $417.6M Add +3.3%
AMGN Amgen Inc. 0.98% 1,317,438 $411.6M Reduce -10.5%
GOOGL Alphabet Inc. Class A 0.96% 2,212,089 $402.9M Reduce -1.0%
AEP American Electric Power 0.92% 4,407,443 $386.7M Reduce -4.9%
CVX Chevron Corp. 0.91% 2,445,005 $382.4M Add +38.6%
SO The Southern Co. 0.89% 4,820,366 $373.9M Reduce -18.2%
TFC Truist Financial Corp. 0.87% 9,431,002 $366.4M Reduce -4.8%
USB US Bancorp 0.84% 8,963,061 $355.8M Reduce -5.9%
PNC PNC Financial Services Group 0.84% 2,265,550 $352.2M Reduce -4.7%
COST Costco Wholesale Corp. 0.83% 413,210 $351.2M Reduce -2.6%
HBAN Huntington Bancshares Inc. 0.77% 24,565,546 $323.8M Reduce -5.9%
TT Trane Technologies PLC 0.75% 967,716 $318.3M Reduce -11.6%
BMY Bristol-Myers Squibb Co. 0.74% 7,546,311 $313.4M Add +86.3%
CAG Conagra Brands Inc. 0.74% 11,013,503 $313.0M Add +20.5%
ABBV Abbvie Inc. 0.74% 1,820,521 $312.3M Add +1.8%
ETR Entergy Corp. 0.71% 2,785,771 $298.1M Reduce -2.5%
D Dominion Energy Inc. 0.67% 5,749,231 $281.7M Reduce -26.3%
T AT&T Inc. 0.66% 14,552,377 $278.1M Reduce -21.5%
KMB Kimberly-Clark Corp. 0.60% 1,836,225 $253.8M Reduce -39.5%
KO The Coca-Cola Co. 0.57% 3,781,669 $240.7M Reduce -3.5%
LLY Eli Lilly & Co. 0.57% 265,162 $240.1M Add +27.3%
NOW ServiceNow Inc. 0.57% 304,373 $239.4M Reduce -0.3%
UPS United Parcel Service Class B 0.56% 1,740,741 $238.2M Reduce -6.5%
AMCR Amcor PLC 0.55% 23,878,776 $233.5M Reduce -4.7%
PPL PPL Corp. 0.53% 8,067,757 $223.1M Reduce -7.8%
AVGO Broadcom Inc. 0.51% 135,018 $216.8M Add +51.3%
BBY Best Buy Co. Inc. 0.51% 2,546,023 $214.6M Reduce -5.2%
GDDY GoDaddy Inc. Class A 0.50% 1,501,277 $209.7M Add +35.6%
META Meta Platforms Inc. Class A 0.48% 401,525 $202.5M Reduce -2.9%
PLD Prologis Inc. 0.47% 1,774,932 $199.3M Add +326.3%
HLNE Hamilton Lane Inc. Class A 0.46% 1,581,330 $195.4M Reduce 0.0%
V Visa Inc. Class A 0.45% 722,193 $189.6M Reduce -3.5%
EVRG Evergy Inc. 0.44% 3,490,674 $184.9M Add +18.8%
SPOT Spotify Technology SA 0.44% 586,958 $184.2M Add +0.3%
AMP Ameriprise Financial Inc. 0.43% 427,986 $182.8M Add +25.3%
DXCM Dexcom Inc. 0.42% 1,580,713 $179.2M Reduce -11.5%
TRV The Travelers Cos Inc. 0.42% 861,263 $175.1M Reduce -2.2%
IDYA Ideaya Biosciences Inc. 0.40% 4,855,790 $170.5M Reduce -0.0%
QCOM Qualcomm Inc. 0.40% 842,357 $167.8M Add +173.3%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.39% 4,149,976 $165.0M Add +1.0%
JNJ Johnson & Johnson 0.39% 1,126,519 $164.7M Add +39.9%
BIDU Baidu Inc. - Spon ADR 0.39% 1,884,556 $163.0M Add +3.7%
ENB Enbridge Inc. 0.39% 4,575,642 $162.8M Reduce -6.5%
WMB Williams Cos Inc. 0.39% 3,829,776 $162.8M Reduce -23.3%
TTE Totalenergies SE -Spon ADR 0.38% 2,423,199 $161.6M Reduce -23.1%
PWR Quanta Services Inc. 0.37% 622,212 $158.1M Reduce -0.1%
SNY Sanofi-ADR 0.37% 3,214,141 $156.0M Add +26.5%
ADBE Adobe Inc. 0.35% 268,395 $149.1M Add +10.7%
CSGP Costar Group Inc. 0.35% 1,968,574 $146.0M Reduce -1.3%
MRUS Merus NV 0.34% 2,398,800 $141.9M Add +6.7%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.34% 1,426,283 $141.6M Add +2.7%
ISRG Intuitive Surgical Inc. 0.33% 314,392 $139.9M Add +3.7%
APO Apollo Global Management Inc. 0.32% 1,156,294 $136.5M Reduce -6.8%
MS Morgan Stanley 0.32% 1,372,582 $133.4M Reduce -5.6%
NTNX Nutanix Inc. Class A 0.32% 2,341,968 $133.1M Reduce -5.0%
NGG National Grid PLC-SP ADR 0.31% 2,309,885 $131.2M Reduce -18.3%
MRK Merck & Co. Inc. 0.31% 1,059,521 $131.2M Add +3.6%
AMT American Tower Corp. 0.31% 671,147 $130.5M Add +12.9%
XEL Xcel Energy Inc. 0.30% 2,379,615 $127.1M Add +120.2%
FIX Comfort Systems USA Inc. 0.30% 415,825 $126.5M Add +2.1%
GE General Electric filed as GE AEROSPACE 0.30% 793,087 $126.1M Add +1.9%
HEI Heico Corp. 0.29% 549,843 $123.0M Reduce -7.5%
ETN Eaton Corp. PLC 0.29% 392,107 $122.9M Reduce -1.4%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.29% 1,115,711 $122.8M Reduce -6.4%
VST Vistra Corp. 0.29% 1,422,111 $122.3M Reduce -25.3%
OWL Blue Owl Capital Inc. 0.29% 6,817,200 $121.0M Reduce -2.2%
PRU Prudential Financial Inc. 0.28% 1,025,527 $120.2M Add +8.8%
IBN Icici Bank Ltd.-Spon ADR 0.28% 4,145,436 $119.4M Add +11.7%
TRP TC Energy Corp. 0.28% 3,100,034 $117.5M Reduce -7.8%
DHR Danaher Corp. 0.28% 469,140 $117.2M Reduce -9.3%
COF Capital One Financial Corp. 0.28% 838,344 $116.1M Reduce -3.9%
BCE Bce Inc. 0.27% 3,564,393 $115.4M Add +5.5%
EXP Eagle Materials Inc. 0.27% 529,701 $115.2M Add +33.4%
ARCT Arcturus Therapeutics Holdin 0.27% 4,694,060 $114.3M Reduce -0.0%
O Realty Income Corp. 0.27% 2,140,696 $113.1M Add +54.6%
CAMT Camtek Ltd. 0.27% 902,525 $113.0M Reduce -1.0%
SHW The Sherwin-Williams Co. 0.27% 377,345 $112.6M Reduce -0.5%
JD Jd.com Inc.-ADR 0.26% 4,280,215 $110.6M Add +16.4%
ZTS Zoetis Inc. 0.26% 635,204 $110.1M Reduce -0.0%
ARGX Argenx SE - ADR 0.26% 254,390 $109.4M Reduce -5.2%
VEEV Veeva Systems Inc. Class A 0.26% 592,187 $108.4M Add +4.3%
CMG Chipotle Mexican Grill Inc. 0.26% 1,723,973 $108.0M Reduce -2.5%
ANET Arista Networks Inc. 0.25% 306,458 $107.4M Reduce -15.9%
PG The Procter & Gamble Co. 0.25% 648,125 $106.9M Reduce -26.3%
TYL Tyler Technologies Inc. 0.25% 206,644 $103.9M Reduce -2.1%
SPGI S&P Global Inc. 0.24% 229,786 $102.5M Reduce -1.3%
SHOP Shopify Inc. Class A 0.24% 1,547,448 $102.2M Add +0.5%
BZ Kanzhun Ltd. - ADR 0.24% 5,368,870 $101.0M Add +10.4%
MELI MercadoLibre Inc. 0.24% 61,432 $101.0M Add +4.8%

Show all 2,013 holdings

Other holdings (6): bonds, preferreds, convertibles and warrants · $13.6M (not counted above)
SecurityClassShares / PrincipalValueChange
NEXTERA ENERGY INC (NEE 6.926 09/01/25) UNIT 09/01/2025 129,000$5.4MNo change
APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) SER A MAND CNV 60,000$3.9MNo change
AMERICAN AIRLINES GROUP (AAL 6.5 07/01/25) NOTE 6.500% 7/0 · principal 2,000,000$2.1MNo change
ALBEMARLE CORP (ALB 7.25 03/01/27) 7.25% DEP SHS A 37,000$1.7MAdd +23.3%
BIOX Bioceres Crop Solutions Corp. SHS · principal 28,476$319KAdd +2.2%
ATAT Atour Lifestyle Holdings-ADR SPONSORED ADS · principal 10,604$195KReduce -47.0%

Total filed on the 13F, all lines: $42.2B.

Portfolio Sells Q1 2024 → Q2 2024

FUSN Fusion Pharmaceuticals Inc. Sold out 0.00% −0.53
SWK Stanley Black & Decker Inc. Reduce -93.7% 0.02% −0.34
KMB Kimberly-Clark Corp. Reduce -39.5% 0.60% −0.30
PAYX Paychex Inc. Reduce -64.1% 0.15% −0.26
D Dominion Energy Inc. Reduce -26.3% 0.67% −0.22
BABA Alibaba Group Holding-SP ADR Reduce -93.5% 0.01% −0.19
WDAY Workday Inc. Class A Reduce -56.8% 0.10% −0.17
MU Micron Technology Inc. Reduce -53.7% 0.19% −0.17
AMD Advanced Micro Devices Reduce -42.4% 0.19% −0.17
TXN Texas Instruments Inc. Reduce -96.4% 0.01% −0.16
FBIN Fortune Brands Innovations I Reduce -30.5% 0.19% −0.16
LULU Lululemon Athletica Inc. Reduce -73.0% 0.04% −0.15
DXCM Dexcom Inc. Reduce -11.5% 0.42% −0.15
USB US Bancorp Reduce -5.9% 0.84% −0.14
NGG National Grid PLC-SP ADR Reduce -18.3% 0.31% −0.13
GLW Corning Inc. Reduce -97.5% 0.00% −0.13
XPO Xpo Inc. Reduce -46.2% 0.12% −0.13
TTE Totalenergies SE -Spon ADR Reduce -23.1% 0.38% −0.12
CCI Crown Castle Inc. Reduce -99.5% 0.00% −0.11
CSGP Costar Group Inc. Reduce -1.3% 0.35% −0.10
DV Doubleverify Holdings Inc. Reduce -33.3% 0.06% −0.10
INSP Inspire Medical Systems Inc. Reduce -10.6% 0.13% −0.10
FCX Freeport-McMoran Inc. Reduce -45.1% 0.13% −0.10
VERV Verve Therapeutics Inc. Reduce -67.6% 0.01% −0.10
PEG Public Service Enterprise GP Reduce -94.8% 0.01% −0.09
ARCT Arcturus Therapeutics Holdin Reduce -0.0% 0.27% −0.09
HCP Hashicorp Inc. Class A Reduce -68.9% 0.06% −0.09
T AT&T Inc. Reduce -21.5% 0.66% −0.09
NFE New Fortress Energy Inc. Reduce -5.0% 0.22% −0.09
SO The Southern Co. Reduce -18.2% 0.89% −0.09
IDYA Ideaya Biosciences Inc. Reduce -0.0% 0.40% −0.09
CRM Salesforce Inc. Reduce -19.0% 0.20% −0.08
HES Hess Corp. Reduce -99.4% 0.00% −0.08
ACN Accenture PLC Class A Reduce -70.7% 0.03% −0.08
FIVE Five Below Reduce -96.9% 0.00% −0.08
ATKR Atkore Inc. Reduce -39.4% 0.06% −0.08
UNH Unitedhealth Group Inc. Reduce -37.1% 0.16% −0.08
EMB iShares JP Morgan Usd Emergi Sold out 0.00% −0.08
PG The Procter & Gamble Co. Reduce -26.3% 0.25% −0.08
UL Unilever PLC Reduce -77.6% 0.03% −0.07
RPD RAPID7 Inc. Sold out 0.00% −0.07
UPS United Parcel Service Class B Reduce -6.5% 0.56% −0.07
HBAN Huntington Bancshares Inc. Reduce -5.9% 0.77% −0.07
HTHT H World Group Ltd.-ADR Reduce -22.5% 0.15% −0.07
LYB Lyondellbasell Indu Class A Reduce -2.3% 1.09% −0.07
ZNTL Zentalis Pharmaceuticals Inc. Reduce -75.9% 0.00% −0.07
JPM JPMorgan Chase & Co. Reduce -25.4% 0.22% −0.06
EXAS Exact Sciences Corp. Reduce -55.7% 0.02% −0.06
WMB Williams Cos Inc. Reduce -23.3% 0.39% −0.06
TDC Teradata Corp. Reduce -97.6% 0.00% −0.06

Portfolio Buys Q1 2024 → Q2 2024

PLD Prologis Inc. Add +326.3% 0.47% +0.35
QCOM Qualcomm Inc. Add +173.3% 0.40% +0.28
CVX Chevron Corp. Add +38.6% 0.91% +0.27
AVGO Broadcom Inc. Add +51.3% 0.51% +0.24
BMY Bristol-Myers Squibb Co. Add +86.3% 0.74% +0.24
CRWD CrowdStrike Holdings Inc. Class A Add +0.9% 1.01% +0.20
LLY Eli Lilly & Co. Add +27.3% 0.57% +0.20
GDDY GoDaddy Inc. Class A Add +35.6% 0.50% +0.19
AMZN Amazon.com Inc. Add +3.8% 1.47% +0.19
PAYC Paycom Software Inc. Add +1011.2% 0.20% +0.17
XEL Xcel Energy Inc. Add +120.2% 0.30% +0.17
ESTC Elastic NV Add +32630.2% 0.17% +0.17
BSX Boston Scientific Corp. Add +187.0% 0.20% +0.14
GILD Gilead Sciences Inc. Add +19.6% 1.03% +0.14
CAG Conagra Brands Inc. Add +20.5% 0.74% +0.12
ILMN Illumina Inc. Add +511.7% 0.13% +0.10
MRUS Merus NV Add +6.7% 0.34% +0.10
JNJ Johnson & Johnson Add +39.9% 0.39% +0.10
O Realty Income Corp. Add +54.6% 0.27% +0.10
AXP American Express Co. Add +357.1% 0.12% +0.09
LOAR Loar Holdings Inc. New 0.09% +0.09
AMP Ameriprise Financial Inc. Add +25.3% 0.43% +0.09
SNY Sanofi-ADR Add +26.5% 0.37% +0.09
COR Cencora Inc. Add +102.2% 0.17% +0.08
DELL Dell Technologies -C Add +166.5% 0.12% +0.08
SPOT Spotify Technology SA Add +0.3% 0.44% +0.08
CAVA Cava Group Inc. Add +9.7% 0.23% +0.08
EVRG Evergy Inc. Add +18.8% 0.44% +0.08
WBTN Webtoon Entertainment Inc. New 0.08% +0.08
ORCL Oracle Corp. Add +412.8% 0.09% +0.07
ADBE Adobe Inc. Add +10.7% 0.35% +0.07
PODD Insulet Corp. Add +38.8% 0.18% +0.07
PFE Pfizer Inc. Add +3.3% 0.99% +0.07
PPG PPG Industries Inc. Add +91.0% 0.16% +0.06
APP AppLovin Corp. Class A Add +28.9% 0.16% +0.06
CART Maplebear Inc. Add +102.2% 0.13% +0.06
UNP Union Pacific Corp. Add +3524.7% 0.06% +0.06
OMCL Omnicell Inc. Add +1113.6% 0.06% +0.06
IBN Icici Bank Ltd.-Spon ADR Add +11.7% 0.28% +0.06
BIRK Birkenstock Holding PLC Add +42.0% 0.14% +0.06
VRT Vertiv Holdings Co. Class A Add +31.5% 0.18% +0.06
RZLT Rezolute Inc. Add +11.1% 0.12% +0.06
EQH Equitable Holdings Inc. Add +1095.9% 0.06% +0.05
FTNT Fortinet Inc. Add +496.7% 0.06% +0.05
ISRG Intuitive Surgical Inc. Add +3.7% 0.33% +0.05
AMAT Applied Materials Inc. Add +33.0% 0.14% +0.05
TEM Tempus AI Inc. Class A New 0.05% +0.05
BROS Dutch Bros Inc. Class A Add +92.8% 0.08% +0.05
NFLX Netflix Inc. Add +42.9% 0.12% +0.05
INTU Intuit Inc. Add +18.2% 0.23% +0.04

Notes & Other Activity Q1 2024 → Q2 2024

DOYU Douyu International Hold-ADR SPONSORED ADS · principal Sold out 318,962 $2.1Mbefore exit
ALBEMARLE CORP (ALB 7.25 03/01/27) 7.25% DEP SHS A Add +23.3% 37,000 $1.7M
BIOX Bioceres Crop Solutions Corp. SHS · principal Add +2.2% 28,476 $319K
ATAT Atour Lifestyle Holdings-ADR SPONSORED ADS · principal Reduce -47.0% 10,604 $195K
CBDBY Cia Brasileira DE Dis- ADR SPONSORED ADR · principal Sold out 124,566 $78Kbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 2,029$69.5BNVDA, AAPL, GOOGL, ABBV, MSFT
Q1 2026 2,039$61.5BNVDA, GOOGL, AAPL, MSFT, ABBV
Q4 2025 2,055$59.8BNVDA, MSFT, GOOGL, AAPL, AMZN
Q3 2025 2,105$56.6BNVDA, MSFT, GOOGL, ABBV, AAPL
Q2 2025 2,044$53.1BMSFT, NVDA, AMZN, AAPL, GOOGL
Q1 2025 2,042$46.3BMSFT, NVDA, AAPL, ABBV, AMZN
Q4 2024 2,059$45.6BMSFT, NVDA, AMZN, AAPL, VZ
Q3 2024 2,048$45.5BMSFT, NVDA, VZ, AAPL, AMZN
Q2 2024 2,013$42.2BMSFT, NVDA, PM, VZ, AMZN
Q1 2024 2,013$43.4BMSFT, VZ, PM, NVDA, AMZN