Federated Hermes, Inc.
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 13, 2024), Federated Hermes, Inc. reported 2,048 stock positions worth $45.5 billion. Its top holding was Microsoft (MSFT) at 2.0% of the portfolio, followed by Nvidia (NVDA, 1.7%) and Verizon Communications (VZ, 1.5%). Compared with Q2 2024, it opened 194 new positions, sold out of 160, added to 869 and reduced 879. The biggest buy was Veralto (VLTO, shares +293%) and the biggest sale CrowdStrike Class A (CRWD, shares −65%).
- Most Recent 13F
- Q2 2026
- Location
- PITTSBURGH, PA
- CIK
- 0001056288
- Portfolio Value
- $45.5B (Q3 2024)
- SEC Filing
- 0001623632-24-001875 ↗ filed Nov 13, 2024
Holdings Value
Holdings 2,048 stocks · $45.5B
| MSFT Microsoft Corp. | 2.00% | 2,112,672 | $909.1M | Reduce -5.0% |
| NVDA Nvidia Corp. | 1.73% | 6,495,967 | $788.9M | Reduce -1.6% |
| VZ Verizon Communications Inc. | 1.49% | 15,141,882 | $680.0M | Add +0.1% |
| AAPL Apple Inc. | 1.41% | 2,759,104 | $642.9M | Add +8.5% |
| AMZN Amazon.com Inc. | 1.34% | 3,280,550 | $611.3M | Add +1.9% |
| GILD Gilead Sciences Inc. | 1.31% | 7,129,746 | $597.8M | Add +12.8% |
| PM Philip Morris International | 1.30% | 4,888,475 | $593.5M | Reduce -26.6% |
| LYB Lyondellbasell Indu Class A | 0.99% | 4,718,444 | $452.5M | Reduce -1.5% |
| WING Wingstop Inc. | 0.96% | 1,051,505 | $437.5M | Reduce 0.0% |
| PFE Pfizer Inc. | 0.95% | 14,993,617 | $433.9M | Add +0.5% |
| BMY Bristol-Myers Squibb Co. | 0.95% | 8,362,737 | $432.7M | Add +10.8% |
| USB US Bancorp | 0.94% | 9,399,075 | $429.8M | Add +4.9% |
| PNC PNC Financial Services Group | 0.90% | 2,208,623 | $408.3M | Reduce -2.5% |
| GOOGL Alphabet Inc. Class A | 0.89% | 2,448,472 | $406.1M | Add +10.7% |
| TFC Truist Financial Corp. | 0.88% | 9,326,982 | $398.9M | Reduce -1.1% |
| COST Costco Wholesale Corp. | 0.84% | 431,964 | $382.9M | Add +4.5% |
| AEP American Electric Power | 0.83% | 3,680,441 | $377.6M | Reduce -16.5% |
| ABBV Abbvie Inc. | 0.81% | 1,869,279 | $369.1M | Add +2.7% |
| PLD Prologis Inc. | 0.81% | 2,912,770 | $367.8M | Add +64.1% |
| ETR Entergy Corp. | 0.80% | 2,755,627 | $362.7M | Reduce -1.1% |
| DUK Duke Energy Corp. | 0.79% | 3,114,927 | $359.2M | Reduce -42.7% |
| HBAN Huntington Bancshares Inc. | 0.77% | 23,781,446 | $349.6M | Reduce -3.2% |
| JNJ Johnson & Johnson | 0.75% | 2,096,837 | $339.8M | Add +86.1% |
| TT Trane Technologies PLC | 0.73% | 859,638 | $334.2M | Reduce -11.2% |
| CVX Chevron Corp. | 0.73% | 2,243,896 | $330.5M | Reduce -8.2% |
| LLY Eli Lilly & Co. | 0.72% | 368,518 | $326.5M | Add +39.0% |
| AMGN Amgen Inc. | 0.70% | 982,515 | $316.6M | Reduce -25.4% |
| T AT&T Inc. | 0.69% | 14,285,303 | $314.3M | Reduce -1.8% |
| VLTO Veralto Corp. | 0.64% | 2,619,211 | $293.0M | Add +292.7% |
| KO The Coca-Cola Co. | 0.59% | 3,743,454 | $269.0M | Reduce -1.0% |
| SO The Southern Co. | 0.58% | 2,952,663 | $266.3M | Reduce -38.8% |
| PPL PPL Corp. | 0.58% | 7,954,606 | $263.1M | Reduce -1.4% |
| AVGO Broadcom Inc. | 0.57% | 1,497,536 | $258.3M | Add +10.9% |
| MS Morgan Stanley | 0.56% | 2,446,266 | $255.0M | Add +78.2% |
| HLNE Hamilton Lane Inc. Class A | 0.55% | 1,497,319 | $252.1M | Reduce -5.3% |
| NOW ServiceNow Inc. | 0.55% | 280,327 | $250.7M | Reduce -7.9% |
| PEP Pepsico Inc. | 0.55% | 1,470,489 | $250.1M | Add +161.4% |
| META Meta Platforms Inc. Class A | 0.54% | 429,312 | $245.8M | Add +6.9% |
| GDDY GoDaddy Inc. Class A | 0.53% | 1,527,280 | $239.4M | Add +1.7% |
| AMP Ameriprise Financial Inc. | 0.51% | 489,755 | $230.1M | Add +14.4% |
| PAYX Paychex Inc. | 0.49% | 1,667,546 | $223.8M | Add +221.4% |
| UPS United Parcel Service Class B | 0.48% | 1,590,724 | $216.9M | Reduce -8.6% |
| EVRG Evergy Inc. | 0.46% | 3,361,150 | $208.4M | Reduce -3.7% |
| AMCR Amcor PLC | 0.44% | 17,872,202 | $202.5M | Reduce -25.1% |
| BIDU Baidu Inc. - Spon ADR | 0.44% | 1,916,962 | $201.8M | Add +1.7% |
| TRV The Travelers Cos Inc. | 0.42% | 819,845 | $191.9M | Reduce -4.8% |
| SNY Sanofi-ADR | 0.42% | 3,326,038 | $191.7M | Add +3.5% |
| ENB Enbridge Inc. | 0.42% | 4,694,392 | $190.6M | Add +2.6% |
| PWR Quanta Services Inc. | 0.41% | 630,742 | $188.1M | Add +1.4% |
| NGG National Grid PLC-SP ADR | 0.41% | 2,667,354 | $185.8M | Add +15.5% |
| BBY Best Buy Co. Inc. | 0.41% | 1,785,209 | $184.4M | Reduce -29.9% |
| QCOM Qualcomm Inc. | 0.38% | 1,027,658 | $174.8M | Add +22.0% |
| KVUE Kenvue Inc. | 0.38% | 7,544,014 | $174.5M | Add +39.5% |
| SPOT Spotify Technology SA | 0.38% | 470,018 | $173.2M | Reduce -19.9% |
| XEL Xcel Energy Inc. | 0.37% | 2,601,115 | $169.9M | Add +9.3% |
| AMT American Tower Corp. | 0.37% | 727,056 | $169.1M | Add +8.3% |
| IDYA Ideaya Biosciences Inc. | 0.36% | 5,208,300 | $165.0M | Add +7.3% |
| FIX Comfort Systems USA Inc. | 0.36% | 416,067 | $162.4M | Add +0.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.35% | 4,004,851 | $158.9M | Reduce -3.5% |
| V Visa Inc. Class A | 0.34% | 569,908 | $156.7M | Reduce -21.1% |
| TTE Totalenergies SE -Spon ADR | 0.34% | 2,415,114 | $156.1M | Reduce -0.3% |
| EXP Eagle Materials Inc. | 0.34% | 539,321 | $155.1M | Add +1.8% |
| ISRG Intuitive Surgical Inc. | 0.34% | 314,022 | $154.3M | Reduce -0.1% |
| WEC WEC Energy Group Inc. | 0.34% | 1,585,375 | $152.5M | Add +6309.7% |
| TRP TC Energy Corp. | 0.33% | 3,190,133 | $151.7M | Add +2.9% |
| GE General Electric filed as GE AEROSPACE | 0.33% | 802,053 | $151.3M | Add +1.1% |
| ADBE Adobe Inc. | 0.33% | 291,301 | $150.8M | Add +8.5% |
| CSGP Costar Group Inc. | 0.32% | 1,943,747 | $146.6M | Reduce -1.3% |
| HEI Heico Corp. | 0.32% | 551,161 | $144.1M | Add +0.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.32% | 1,490,810 | $143.4M | Add +4.5% |
| O Realty Income Corp. | 0.31% | 2,223,133 | $141.0M | Add +3.9% |
| JD Jd.com Inc.-ADR | 0.30% | 3,423,641 | $136.9M | Reduce -20.0% |
| DDOG Datadog Inc. Class A | 0.30% | 1,186,932 | $136.6M | Add +126.3% |
| CAVA Cava Group Inc. | 0.30% | 1,101,173 | $136.4M | Add +3.9% |
| BSX Boston Scientific Corp. | 0.30% | 1,610,340 | $134.9M | Add +48.9% |
| D Dominion Energy Inc. | 0.29% | 2,312,581 | $133.6M | Reduce -59.8% |
| ETN Eaton Corp. PLC | 0.29% | 396,224 | $131.3M | Add +1.1% |
| ZTS Zoetis Inc. | 0.29% | 670,354 | $131.0M | Add +5.5% |
| ANET Arista Networks Inc. | 0.28% | 336,758 | $129.3M | Add +9.9% |
| CRH CRH PLC | 0.28% | 1,386,989 | $128.6M | Add +1722.9% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.28% | 1,092,007 | $128.4M | Reduce -2.1% |
| COF Capital One Financial Corp. | 0.28% | 849,583 | $127.2M | Add +1.3% |
| PRU Prudential Financial Inc. | 0.28% | 1,033,589 | $125.2M | Add +0.8% |
| DHR Danaher Corp. | 0.27% | 449,973 | $125.1M | Reduce -4.1% |
| SHOP Shopify Inc. Class A | 0.27% | 1,551,554 | $124.3M | Add +0.3% |
| TYL Tyler Technologies Inc. | 0.27% | 212,206 | $123.9M | Add +2.7% |
| APP AppLovin Corp. Class A | 0.27% | 924,118 | $120.6M | Add +16.4% |
| BCE Bce Inc. | 0.26% | 3,464,199 | $120.6M | Reduce -2.8% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM | 0.26% | 1,957,025 | $120.0M | Reduce -0.3% |
| ATI Ati Inc. | 0.26% | 1,786,146 | $119.5M | Add +4.9% |
| RARE Ultragenyx Pharmaceutical Inc. | 0.26% | 2,110,700 | $117.2M | Add +0.2% |
| WPM Wheaton Precious Metals Corp. | 0.26% | 1,900,737 | $116.1M | Add +37.4% |
| VRT Vertiv Holdings Co. Class A | 0.25% | 1,159,044 | $115.3M | Add +29.1% |
| SHW The Sherwin-Williams Co. | 0.25% | 301,742 | $115.2M | Reduce -20.0% |
| FBIN Fortune Brands Innovations I | 0.25% | 1,279,989 | $114.6M | Add +2.5% |
| ARGX Argenx SE - ADR | 0.25% | 211,144 | $114.5M | Reduce -17.0% |
| NTNX Nutanix Inc. Class A | 0.25% | 1,912,954 | $113.4M | Reduce -18.3% |
| MELI MercadoLibre Inc. | 0.25% | 54,787 | $112.4M | Reduce -10.8% |
| NNN NNN REIT Inc. | 0.24% | 2,291,511 | $111.1M | Reduce -1.3% |
| PSA Public Storage | 0.24% | 303,464 | $110.4M | Add +19.1% |
Other holdings (6): bonds, preferreds, convertibles and warrants · $17.4M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| NEXTERA ENERGY INC (NEE 6.926 09/01/25) | UNIT 09/01/2025 | 129,000 | $6.0M | No change |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | 60,000 | $4.1M | No change |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | 58,591 | $3.5M | New |
| AMERICAN AIRLINES GROUP (AAL 6.5 07/01/25) | NOTE 6.500% 7/0 · principal | 2,000,000 | $2.1M | No change |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | 37,000 | $1.7M | No change |
| BIOX Bioceres Crop Solutions Corp. | SHS · principal | 11,472 | $90K | Reduce -59.7% |
Total filed on the 13F, all lines: $45.5B.
Portfolio Sells Q2 2024 → Q3 2024
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -64.9% | 0.24% | −0.77 |
| CAG Conagra Brands Inc. | Reduce -99.6% | 0.00% | −0.74 |
| DUK Duke Energy Corp. | Reduce -42.7% | 0.79% | −0.50 |
| KMB Kimberly-Clark Corp. | Reduce -81.9% | 0.10% | −0.50 |
| D Dominion Energy Inc. | Reduce -59.8% | 0.29% | −0.37 |
| DXCM Dexcom Inc. | Reduce -77.0% | 0.05% | −0.37 |
| MSFT Microsoft Corp. | Reduce -5.0% | 2.00% | −0.36 |
| SO The Southern Co. | Reduce -38.8% | 0.58% | −0.30 |
| PM Philip Morris International | Reduce -26.6% | 1.30% | −0.30 |
| AMGN Amgen Inc. | Reduce -25.4% | 0.70% | −0.28 |
| NVDA Nvidia Corp. | Reduce -1.6% | 1.73% | −0.20 |
| CVX Chevron Corp. | Reduce -8.2% | 0.73% | −0.18 |
| NFE New Fortress Energy Inc. | Reduce -50.2% | 0.04% | −0.18 |
| WMB Williams Cos Inc. | Reduce -43.5% | 0.22% | −0.17 |
| APO Apollo Global Management Inc. | Reduce -46.6% | 0.17% | −0.15 |
| CPRT Copart Inc. | Reduce -84.1% | 0.02% | −0.14 |
| ZS Zscaler Inc. | Reduce -70.4% | 0.04% | −0.14 |
| CAMT Camtek Ltd. | Reduce -12.6% | 0.14% | −0.13 |
| INTU Intuit Inc. | Reduce -42.9% | 0.12% | −0.12 |
| MRUS Merus NV | Reduce -16.3% | 0.22% | −0.12 |
| VEEV Veeva Systems Inc. Class A | Reduce -46.8% | 0.15% | −0.11 |
| AMCR Amcor PLC | Reduce -25.1% | 0.44% | −0.11 |
| V Visa Inc. Class A | Reduce -21.1% | 0.34% | −0.11 |
| BBY Best Buy Co. Inc. | Reduce -29.9% | 0.41% | −0.10 |
| WING Wingstop Inc. | Reduce 0.0% | 0.96% | −0.09 |
| LYB Lyondellbasell Indu Class A | Reduce -1.5% | 0.99% | −0.09 |
| UPS United Parcel Service Class B | Reduce -8.6% | 0.48% | −0.09 |
| MRK Merck & Co. Inc. | Reduce -15.4% | 0.22% | −0.09 |
| AEP American Electric Power | Reduce -16.5% | 0.83% | −0.09 |
| IBN Icici Bank Ltd.-Spon ADR | Reduce -27.6% | 0.20% | −0.09 |
| MORF Morphic Holding Inc. | Sold out | 0.00% | −0.08 |
| ABNB Airbnb Inc. Class A | Reduce -36.7% | 0.07% | −0.08 |
| WBTN Webtoon Entertainment Inc. | Sold out | 0.00% | −0.08 |
| ONT Onterris Inc. | Reduce -18.3% | 0.06% | −0.07 |
| IQ Iqiyi Inc.-ADR | Reduce -33.6% | 0.07% | −0.07 |
| VST Vistra Corp. | Reduce -41.4% | 0.22% | −0.07 |
| VRSK Verisk Analytics Inc. | Reduce -30.7% | 0.13% | −0.07 |
| CEG Constellation Energy | Reduce -72.8% | 0.03% | −0.07 |
| NTNX Nutanix Inc. Class A | Reduce -18.3% | 0.25% | −0.07 |
| PG The Procter & Gamble Co. | Reduce -23.7% | 0.19% | −0.07 |
| UBER Uber Technologies Inc. | Reduce -31.9% | 0.12% | −0.06 |
| HCP Hashicorp Inc. Class A | Sold out | 0.00% | −0.06 |
| GTLS Chart Industries Inc. | Reduce -18.3% | 0.11% | −0.06 |
| AAP Advance Auto Parts Inc. | Reduce -7.7% | 0.07% | −0.06 |
| MRO Marathon Oil Corp. | Reduce -96.0% | 0.00% | −0.06 |
| STM Stmicroelectronics NV-NY SHS | Sold out | 0.00% | −0.06 |
| DV Doubleverify Holdings Inc. | Reduce -99.3% | 0.00% | −0.06 |
| SPOT Spotify Technology SA | Reduce -19.9% | 0.38% | −0.06 |
| MYRG MYR Group Inc./Delaware | Sold out | 0.00% | −0.06 |
| PCOR Procore Technologies Inc. | Reduce -47.4% | 0.04% | −0.05 |
Portfolio Buys Q2 2024 → Q3 2024
| VLTO Veralto Corp. | Add +292.7% | 0.64% | +0.49 |
| JNJ Johnson & Johnson | Add +86.1% | 0.75% | +0.36 |
| PAYX Paychex Inc. | Add +221.4% | 0.49% | +0.35 |
| PLD Prologis Inc. | Add +64.1% | 0.81% | +0.34 |
| WEC WEC Energy Group Inc. | Add +6309.7% | 0.34% | +0.33 |
| PEP Pepsico Inc. | Add +161.4% | 0.55% | +0.33 |
| GILD Gilead Sciences Inc. | Add +12.8% | 1.31% | +0.28 |
| CRH CRH PLC | Add +1722.9% | 0.28% | +0.27 |
| MS Morgan Stanley | Add +78.2% | 0.56% | +0.24 |
| DEO Diageo PLC-Sponsored ADR | Add +1809.8% | 0.24% | +0.22 |
| SN Sharkninja Inc. | New | 0.22% | +0.22 |
| BMY Bristol-Myers Squibb Co. | Add +10.8% | 0.95% | +0.21 |
| TGT Target Corp. | Add +634.0% | 0.23% | +0.20 |
| KIM Kimco Realty Corp. | Add +3877.2% | 0.19% | +0.19 |
| ARE Alexandria Real Estate Equit | Add +68554.5% | 0.15% | +0.15 |
| KVUE Kenvue Inc. | Add +39.5% | 0.38% | +0.15 |
| PLTR Palantir Technologies Inc. Class A | Add +399.1% | 0.18% | +0.15 |
| LLY Eli Lilly & Co. | Add +39.0% | 0.72% | +0.15 |
| AAPL Apple Inc. | Add +8.5% | 1.41% | +0.14 |
| DDOG Datadog Inc. Class A | Add +126.3% | 0.30% | +0.14 |
| FTNT Fortinet Inc. | Add +157.1% | 0.20% | +0.13 |
| ACGL Arch Capital Group Ltd. | Add +128.2% | 0.23% | +0.13 |
| VIK Viking Holdings Ltd. | New | 0.12% | +0.12 |
| GRAB Grab Holdings Ltd. Class A | Add +1478.0% | 0.12% | +0.11 |
| APP AppLovin Corp. Class A | Add +16.4% | 0.27% | +0.11 |
| USB US Bancorp | Add +4.9% | 0.94% | +0.10 |
| BSX Boston Scientific Corp. | Add +48.9% | 0.30% | +0.10 |
| NGG National Grid PLC-SP ADR | Add +15.5% | 0.41% | +0.10 |
| NVT Nvent Electric PLC | Add +155.8% | 0.16% | +0.09 |
| WPM Wheaton Precious Metals Corp. | Add +37.4% | 0.26% | +0.08 |
| MTB M & T Bank Corp. | Add +165.8% | 0.12% | +0.08 |
| TRGP Targa Resources Corp. | Add +28504.1% | 0.08% | +0.08 |
| RBRK Rubrik Inc. Class A | New | 0.08% | +0.08 |
| RBLX Roblox Corp. Class A | New | 0.08% | +0.08 |
| KVYO Klaviyo Inc. Class A | Add +16.6% | 0.22% | +0.08 |
| GNRC Generac Holdings Inc. | Add +2146.8% | 0.08% | +0.07 |
| AXON Axon Enterprise Inc. | Add +15.1% | 0.24% | +0.07 |
| EME Emcor Group Inc. | Add +86.6% | 0.14% | +0.07 |
| AMP Ameriprise Financial Inc. | Add +14.4% | 0.51% | +0.07 |
| XEL Xcel Energy Inc. | Add +9.3% | 0.37% | +0.07 |
| ABBV Abbvie Inc. | Add +2.7% | 0.81% | +0.07 |
| VRT Vertiv Holdings Co. Class A | Add +29.1% | 0.25% | +0.07 |
| PSA Public Storage | Add +19.1% | 0.24% | +0.07 |
| EXP Eagle Materials Inc. | Add +1.8% | 0.34% | +0.07 |
| CAVA Cava Group Inc. | Add +3.9% | 0.30% | +0.07 |
| DELL Dell Technologies -C | Add +94.0% | 0.18% | +0.06 |
| VRNA Verona Pharma Ltd. | Add +0.2% | 0.14% | +0.06 |
| PRCT Procept Biorobotics Corp. | Add +176.0% | 0.09% | +0.06 |
| AMT American Tower Corp. | Add +8.3% | 0.37% | +0.06 |
| P Everpure Inc. Class A | Add +392.8% | 0.09% | +0.06 |
Notes & Other Activity Q2 2024 → Q3 2024
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | New | 58,591 | $3.5M |
| ATAT Atour Lifestyle Holdings-ADR | SPONSORED ADS · principal | Sold out | 10,604 | $195Kbefore exit |
| BIOX Bioceres Crop Solutions Corp. | SHS · principal | Reduce -59.7% | 11,472 | $90K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 2,029 | $69.5B | NVDA, AAPL, GOOGL, ABBV, MSFT |
| Q1 2026 | 2,039 | $61.5B | NVDA, GOOGL, AAPL, MSFT, ABBV |
| Q4 2025 | 2,055 | $59.8B | NVDA, MSFT, GOOGL, AAPL, AMZN |
| Q3 2025 | 2,105 | $56.6B | NVDA, MSFT, GOOGL, ABBV, AAPL |
| Q2 2025 | 2,044 | $53.1B | MSFT, NVDA, AMZN, AAPL, GOOGL |
| Q1 2025 | 2,042 | $46.3B | MSFT, NVDA, AAPL, ABBV, AMZN |
| Q4 2024 | 2,059 | $45.6B | MSFT, NVDA, AMZN, AAPL, VZ |
| Q3 2024 | 2,048 | $45.5B | MSFT, NVDA, VZ, AAPL, AMZN |
| Q2 2024 | 2,013 | $42.2B | MSFT, NVDA, PM, VZ, AMZN |
| Q1 2024 | 2,013 | $43.4B | MSFT, VZ, PM, NVDA, AMZN |