Heritage Investors Management Corp.
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 4, 2026), Heritage Investors Management Corp. reported 257 stock positions worth $3.6 billion. Its top holding was Apple (AAPL) at 5.4% of the portfolio, followed by Palo Alto Networks (PANW, 5.2%) and Broadcom (AVGO, 5.0%). Compared with Q1 2026, it opened 11 new positions, sold out of 5, added to 36 and reduced 161. The biggest buy was Datadog Class A (DDOG, shares +1%) and the biggest sale Zoetis (ZTS, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- BETHESDA, MD
- CIK
- 0000937589
- Portfolio Value
- $3.6B (Q2 2026)
- SEC Filing
- 0000937589-26-000003 ↗ filed Aug 4, 2026
Holdings Value
Holdings 257 stocks · $3.6B
| AAPL Apple Inc. | 5.39% | 673,254 | $194.8M | Reduce -2.6% |
| PANW Palo Alto Networks Inc. | 5.19% | 549,796 | $187.5M | Reduce -3.0% |
| AVGO Broadcom Inc. | 5.05% | 482,977 | $182.4M | Reduce -5.2% |
| GOOGL Alphabet Inc. Class A | 3.70% | 374,536 | $133.8M | Reduce -3.6% |
| GOOG Alphabet Inc. Class C | 3.42% | 350,056 | $123.7M | Reduce -4.0% |
| CAT Caterpillar Inc. | 3.08% | 104,402 | $111.2M | Reduce -10.3% |
| MSFT Microsoft Corp. | 3.02% | 292,324 | $109.0M | Reduce -0.7% |
| NVDA Nvidia Corp. | 2.68% | 484,082 | $96.9M | Reduce -1.1% |
| MAR Marriott International Class A | 2.24% | 218,685 | $81.0M | Reduce -1.6% |
| AMZN Amazon.com Inc. | 2.18% | 329,786 | $78.6M | Reduce -1.6% |
| CSCO Cisco Systems Inc. | 2.02% | 621,713 | $73.0M | Reduce -2.5% |
| MA Mastercard Inc. Class A | 1.84% | 129,425 | $66.5M | Add +0.3% |
| JPM JPMorgan Chase & Co. | 1.68% | 185,967 | $60.9M | Reduce -2.4% |
| INTC Intel Corp. | 1.63% | 422,405 | $59.0M | Reduce -11.3% |
| GS Goldman Sachs Group Inc. | 1.49% | 53,221 | $53.8M | Reduce -4.2% |
| WMT Walmart Inc. | 1.48% | 472,513 | $53.5M | Reduce -1.1% |
| AXP American Express Co. | 1.42% | 152,142 | $51.5M | Reduce -1.7% |
| HD Home Depot Inc. | 1.41% | 143,987 | $50.8M | Add +1.9% |
| RTX RTX Corp. | 1.22% | 232,580 | $44.1M | Reduce -2.1% |
| MS Morgan Stanley | 1.22% | 210,199 | $43.9M | Reduce -6.1% |
| JNJ Johnson & Johnson | 1.13% | 160,709 | $40.8M | Reduce -3.8% |
| MRK Merck & Co. Inc. | 1.13% | 316,592 | $40.7M | Reduce -4.8% |
| VB Vanguard Most SM-Cap ETF-Usd | 1.12% | 134,058 | $40.6M | Reduce -6.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.10% | 413,720 | $39.8M | Reduce -0.9% |
| BAC Bank of America Corp. | 1.09% | 693,736 | $39.5M | Reduce -3.9% |
| BLK BlackRock Inc. | 1.07% | 40,102 | $38.6M | Reduce -0.0% |
| C Citigroup Inc. | 1.05% | 272,326 | $38.1M | Reduce -6.8% |
| MLM Martin Marietta Materials | 1.01% | 63,180 | $36.4M | Add +1.5% |
| UNH Unitedhealth Group Inc. | 0.92% | 80,002 | $33.3M | Reduce -0.5% |
| MDY State Street SPDR S&P Midcap | 0.89% | 45,654 | $32.1M | Reduce -7.1% |
| CRM Salesforce Inc. | 0.87% | 200,553 | $31.4M | Add +2.2% |
| FDX FedEx Corp. | 0.87% | 100,162 | $31.4M | Reduce -1.8% |
| EQIX Equinix Inc. | 0.85% | 29,335 | $30.6M | Reduce -1.3% |
| DDOG Datadog Inc. Class A | 0.82% | 114,121 | $29.7M | Add +1.3% |
| SYF Synchrony Financial | 0.82% | 390,079 | $29.7M | Reduce -5.4% |
| COF Capital One Financial Corp. | 0.82% | 147,609 | $29.6M | Add +0.1% |
| TMO Thermo Fisher Scientific Inc. | 0.81% | 58,447 | $29.3M | Add +2.6% |
| MCD McDonald's Corp. | 0.80% | 106,897 | $28.9M | Add +2.3% |
| META Meta Platforms Inc. Class A | 0.76% | 48,434 | $27.3M | Add +11.7% |
| COST Costco Wholesale Corp. | 0.71% | 27,469 | $25.7M | Add +2.0% |
| CVX Chevron Corp. | 0.69% | 151,342 | $25.1M | Reduce -1.6% |
| BA The Boeing Co. | 0.63% | 105,903 | $22.9M | Reduce -4.8% |
| CSX CSX Corp. | 0.63% | 478,881 | $22.8M | Reduce -7.3% |
| NOW ServiceNow Inc. | 0.60% | 220,160 | $21.9M | Add +12.9% |
| PEP Pepsico Inc. | 0.60% | 159,548 | $21.6M | Add +0.2% |
| IQV Iqvia Holdings Inc. | 0.59% | 111,044 | $21.5M | Add +1.5% |
| KO The Coca-Cola Co. | 0.57% | 252,483 | $20.5M | Reduce -5.1% |
| COP Conocophillips | 0.55% | 189,417 | $19.7M | Reduce -4.8% |
| AMGN Amgen Inc. | 0.54% | 53,423 | $19.3M | Reduce -2.5% |
| AMT American Tower Corp. | 0.53% | 117,405 | $19.2M | Add +0.5% |
| PCAR Paccar Inc. | 0.53% | 159,417 | $19.1M | Reduce -3.1% |
| APD Air Products & Chemicals Inc. | 0.52% | 64,676 | $19.0M | Reduce -1.4% |
| CMG Chipotle Mexican Grill Inc. | 0.52% | 548,413 | $18.6M | Add +1.8% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.51% | 230,294 | $18.6M | Reduce -1.3% |
| YUM Yum! Brands Inc. | 0.48% | 107,515 | $17.2M | Reduce -6.3% |
| ABBV Abbvie Inc. | 0.46% | 66,424 | $16.7M | Reduce -0.2% |
| STZ Constellation Brands Inc. Class A | 0.45% | 116,903 | $16.3M | Reduce -2.9% |
| YUMC Yum China Holdings Inc. | 0.44% | 390,649 | $16.0M | Reduce -4.3% |
| ADP Automatic Data Processing | 0.44% | 70,816 | $15.9M | Reduce -3.5% |
| VZ Verizon Communications Inc. | 0.43% | 369,357 | $15.6M | Reduce -7.6% |
| MCK McKesson Corp. | 0.42% | 20,238 | $15.3M | Add +1.0% |
| V Visa Inc. Class A | 0.42% | 43,987 | $15.1M | Reduce -0.8% |
| ZTS Zoetis Inc. | 0.41% | 205,182 | $14.7M | Reduce -2.0% |
| LMT Lockheed Martin Corp. | 0.40% | 28,396 | $14.5M | Reduce -1.5% |
| BURL Burlington Stores Inc. | 0.40% | 45,435 | $14.4M | Reduce -3.0% |
| T AT&T Inc. | 0.40% | 692,633 | $14.3M | Add +1.2% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.39% | 124,691 | $14.2M | Reduce -8.7% |
| LLY Eli Lilly & Co. | 0.37% | 11,056 | $13.3M | Add +12.9% |
| NEE Nextera Energy Inc. | 0.36% | 149,140 | $13.1M | Reduce -11.8% |
| VEU Vanguard Ftse All-World Ex-U | 0.36% | 155,619 | $13.0M | Reduce -1.7% |
| LIN Linde PLC | 0.36% | 24,787 | $12.9M | Reduce -0.6% |
| SLB SLB Ltd. filed as SLB LIMITED | 0.36% | 276,476 | $12.9M | Add +0.1% |
| IEFA iShares Core MSCI Eafe ETF | 0.35% | 131,186 | $12.7M | Reduce -1.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.35% | 44,944 | $12.6M | Reduce -7.0% |
| XOM Exxon Mobil Corp. | 0.34% | 90,000 | $12.3M | Reduce -0.0% |
| PSX Phillips 66 | 0.33% | 71,343 | $12.1M | Reduce -4.2% |
| NKE Nike Inc. Class B | 0.33% | 290,918 | $11.9M | Reduce -12.7% |
| AER Aercap Holdings NV | 0.32% | 78,901 | $11.5M | Reduce -2.3% |
| PG The Procter & Gamble Co. | 0.30% | 74,273 | $10.9M | Reduce -5.1% |
| EFA iShares MSCI Eafe ETF | 0.29% | 102,515 | $10.6M | Reduce -9.9% |
| LDOS Leidos Holdings Inc. | 0.29% | 101,638 | $10.5M | Reduce -0.7% |
| ZBH Zimmer Biomet Holdings Inc. | 0.29% | 120,058 | $10.3M | Reduce -5.4% |
| ADM Archer-Daniels-Midland Co. | 0.27% | 127,531 | $9.7M | Reduce -8.0% |
| ACN Accenture PLC Class A | 0.27% | 78,265 | $9.7M | Add +0.0% |
| ADBE Adobe Inc. | 0.26% | 46,560 | $9.5M | Reduce -18.6% |
| Q Qnity Electronics Inc. | 0.26% | 57,927 | $9.5M | Reduce -14.3% |
| MDLZ Mondelez International Inc. Class A | 0.26% | 160,465 | $9.3M | Reduce -2.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.26% | 18,449 | $9.2M | Reduce -0.1% |
| BSX Boston Scientific Corp. | 0.25% | 212,957 | $9.1M | Add +8.0% |
| NFLX Netflix Inc. | 0.25% | 126,291 | $9.0M | Add +81.7% |
| NSC Norfolk Southern Corp. | 0.25% | 28,414 | $8.9M | Reduce -4.2% |
| UNP Union Pacific Corp. | 0.24% | 32,055 | $8.7M | Reduce -2.9% |
| LHX L3HARRIS Technologies Inc. | 0.22% | 27,881 | $8.1M | Reduce -1.6% |
| IEMG iShares Core MSCI Emerging | 0.22% | 97,461 | $8.1M | Reduce -3.2% |
| PFE Pfizer Inc. | 0.22% | 334,402 | $8.1M | Reduce -10.4% |
| VTI VG Morningstar TS MKT ETF-US | 0.22% | 21,091 | $7.8M | Reduce -0.2% |
| GE General Electric filed as GE AEROSPACE | 0.21% | 20,425 | $7.6M | Add +0.0% |
| HON Honeywell International Inc. | 0.21% | 33,637 | $7.5M | Reduce -1.2% |
| HONA Honeywell Aerospace Inc. | 0.21% | 33,650 | $7.4M | Reduce -1.2% |
| TM Toyota Motor Corp. -Spon ADR | 0.21% | 44,057 | $7.4M | Reduce -2.4% |
Portfolio Sells Q1 2026 → Q2 2026
| ZTS Zoetis Inc. | Reduce -2.0% | 0.41% | −0.34 |
| WMT Walmart Inc. | Reduce -1.1% | 1.48% | −0.32 |
| MSFT Microsoft Corp. | Reduce -0.7% | 3.02% | −0.29 |
| CVX Chevron Corp. | Reduce -1.6% | 0.69% | −0.27 |
| HON Honeywell International Inc. | Reduce -1.2% | 0.21% | −0.26 |
| COP Conocophillips | Reduce -4.8% | 0.55% | −0.25 |
| FDX FedEx Corp. | Reduce -1.8% | 0.87% | −0.23 |
| NKE Nike Inc. Class B | Reduce -12.7% | 0.33% | −0.20 |
| LDOS Leidos Holdings Inc. | Reduce -0.7% | 0.29% | −0.19 |
| VZ Verizon Communications Inc. | Reduce -7.6% | 0.43% | −0.18 |
| RTX RTX Corp. | Reduce -2.1% | 1.22% | −0.17 |
| YUMC Yum China Holdings Inc. | Reduce -4.3% | 0.44% | −0.16 |
| ADBE Adobe Inc. | Reduce -18.6% | 0.26% | −0.16 |
| LMT Lockheed Martin Corp. | Reduce -1.5% | 0.40% | −0.13 |
| XOM Exxon Mobil Corp. | Reduce -0.0% | 0.34% | −0.12 |
| DIS The Walt Disney Co. | Reduce -0.9% | 1.10% | −0.12 |
| NEE Nextera Energy Inc. | Reduce -11.8% | 0.36% | −0.11 |
| JNJ Johnson & Johnson | Reduce -3.8% | 1.13% | −0.11 |
| CMCSA Comcast Corp. Class A | Reduce -31.4% | 0.12% | −0.11 |
| BLK BlackRock Inc. | Reduce -0.0% | 1.07% | −0.10 |
| STZ Constellation Brands Inc. Class A | Reduce -2.9% | 0.45% | −0.10 |
| PFE Pfizer Inc. | Reduce -10.4% | 0.22% | −0.10 |
| MRK Merck & Co. Inc. | Reduce -4.8% | 1.13% | −0.09 |
| PSX Phillips 66 | Reduce -4.2% | 0.33% | −0.08 |
| TM Toyota Motor Corp. -Spon ADR | Reduce -2.4% | 0.21% | −0.08 |
| LHX L3HARRIS Technologies Inc. | Reduce -1.6% | 0.22% | −0.07 |
| YUM Yum! Brands Inc. | Reduce -6.3% | 0.48% | −0.07 |
| BURL Burlington Stores Inc. | Reduce -3.0% | 0.40% | −0.06 |
| ZBH Zimmer Biomet Holdings Inc. | Reduce -5.4% | 0.29% | −0.06 |
| SHEL Shell PLC-ADR | Reduce -1.8% | 0.17% | −0.06 |
| BMY Bristol-Myers Squibb Co. | Reduce -10.8% | 0.19% | −0.06 |
| HSY The Hershey Co. | Reduce -15.9% | 0.10% | −0.06 |
| APD Air Products & Chemicals Inc. | Reduce -1.4% | 0.52% | −0.05 |
| AMGN Amgen Inc. | Reduce -2.5% | 0.54% | −0.05 |
| PCAR Paccar Inc. | Reduce -3.1% | 0.53% | −0.05 |
| KO The Coca-Cola Co. | Reduce -5.1% | 0.57% | −0.05 |
| HAL Halliburton Co. | Reduce -0.3% | 0.17% | −0.04 |
| PG The Procter & Gamble Co. | Reduce -5.1% | 0.30% | −0.04 |
| MDT Medtronic PLC | Reduce -8.4% | 0.13% | −0.04 |
| EFA iShares MSCI Eafe ETF | Reduce -9.9% | 0.29% | −0.04 |
| EQIX Equinix Inc. | Reduce -1.3% | 0.85% | −0.04 |
| BA The Boeing Co. | Reduce -4.8% | 0.63% | −0.04 |
| EOG EOG Resources Inc. | Reduce -1.1% | 0.15% | −0.04 |
| ADM Archer-Daniels-Midland Co. | Reduce -8.0% | 0.27% | −0.04 |
| PYPL PayPal Holdings Inc. | Reduce -21.0% | 0.07% | −0.03 |
| USLM United States Lime & Mineral | Reduce -0.0% | 0.09% | −0.03 |
| MDY State Street SPDR S&P Midcap | Reduce -7.1% | 0.89% | −0.03 |
| MDLZ Mondelez International Inc. Class A | Reduce -2.2% | 0.26% | −0.03 |
| CTVA Corteva Inc. | Reduce -8.2% | 0.17% | −0.03 |
| SYF Synchrony Financial | Reduce -5.4% | 0.82% | −0.03 |
Portfolio Buys Q1 2026 → Q2 2026
| DDOG Datadog Inc. Class A | Add +1.3% | 0.82% | +0.42 |
| LLY Eli Lilly & Co. | Add +12.9% | 0.37% | +0.09 |
| NFLX Netflix Inc. | Add +81.7% | 0.25% | +0.05 |
| GE General Electric | Add +0.0% | 0.21% | +0.04 |
| IQV Iqvia Holdings Inc. | Add +1.5% | 0.59% | +0.03 |
| COHR Coherent Corp. | Add +0.0% | 0.07% | +0.02 |
| IJR iShares Core S&P Small-Cap E | Add +3.0% | 0.13% | +0.01 |
| ETN Eaton Corp. PLC | New | 0.01% | +0.01 |
| DAL Delta Air Lines Inc. | New | 0.01% | +0.01 |
| VOO Vanguard S&P 500 ETF | Add +2.1% | 0.14% | +0.01 |
| MUB iShares National Muni Bond E | Add +130.2% | 0.02% | +0.01 |
| IEF iShares 7-10 Year Treasury B | New | 0.01% | +0.01 |
| IGSB iShares 1-5Y Inv Grade Corp. | Add +117.0% | 0.02% | +0.01 |
| AMAT Applied Materials Inc. | New | 0.01% | +0.01 |
| IJH iShares Core S&P Midcap ETF | Add +1.8% | 0.12% | +0.01 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.01% | +0.01 |
| EMR Emerson Electric Co. | New | 0.01% | +0.01 |
| VXUS Vanguard Total Intl Stock | New | 0.01% | +0.01 |
| AUB Atlantic Union Bankshares Co. | New | 0.01% | +0.01 |
| TDY Teledyne Technologies Inc. | New | 0.01% | +0.01 |
| QQQM Invesco Nasdaq 100 ETF | New | 0.01% | +0.01 |
| VUG Vanguard Mrngstar GR ETF-Sui | New | 0.01% | +0.01 |
| AIQ Global X Art Intel & Tech | Add +3.3% | 0.01% | +0.00 |
| COF Capital One Financial Corp. | Add +0.1% | 0.82% | +0.00 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +4.8% | 0.03% | +0.00 |
| META Meta Platforms Inc. Class A | Add +11.7% | 0.76% | +0.00 |
| DE Deere & Co. | Add +1.8% | 0.02% | +0.00 |
| TSLA Tesla Inc. | Add +6.4% | 0.01% | +0.00 |
| FCX Freeport-McMoran Inc. | Add +2.1% | 0.02% | −0.00 |
| HD Home Depot Inc. | Add +1.9% | 1.41% | −0.00 |
| CMG Chipotle Mexican Grill Inc. | Add +1.8% | 0.52% | −0.01 |
| INTU Intuit Inc. | Add +1.6% | 0.01% | −0.01 |
| NOW ServiceNow Inc. | Add +12.9% | 0.60% | −0.01 |
| ABT Abbott Laboratories | Add +1.0% | 0.11% | −0.02 |
| TMO Thermo Fisher Scientific Inc. | Add +2.6% | 0.81% | −0.04 |
| SLB SLB Ltd. | Add +0.1% | 0.36% | −0.08 |
| AMT American Tower Corp. | Add +0.5% | 0.53% | −0.08 |
| MCK McKesson Corp. | Add +1.0% | 0.42% | −0.10 |
| COST Costco Wholesale Corp. | Add +2.0% | 0.71% | −0.10 |
| MLM Martin Marietta Materials | Add +1.5% | 1.01% | −0.10 |
| MA Mastercard Inc. Class A | Add +0.3% | 1.84% | −0.12 |
| BSX Boston Scientific Corp. | Add +8.0% | 0.25% | −0.12 |
| PEP Pepsico Inc. | Add +0.2% | 0.60% | −0.15 |
| MCD McDonald's Corp. | Add +2.3% | 0.80% | −0.19 |
| ACN Accenture PLC Class A | Add +0.0% | 0.27% | −0.20 |
| T AT&T Inc. | Add +1.2% | 0.40% | −0.21 |
| CRM Salesforce Inc. | Add +2.2% | 0.87% | −0.24 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 257 | $3.6B | AAPL, PANW, AVGO, GOOGL, GOOG |
| Q1 2026 | 249 | $3.3B | AAPL, AVGO, GOOGL, MSFT, GOOG |
| Q4 2025 | 245 | $3.4B | AAPL, AVGO, MSFT, GOOGL, GOOG |
| Q3 2025 | 251 | $3.3B | AAPL, AVGO, MSFT, PANW, GOOGL |
| Q2 2025 | 252 | $3.2B | AVGO, AAPL, MSFT, PANW, NVDA |
| Q1 2025 | 254 | $2.9B | AAPL, MSFT, AVGO, PANW, MA |
| Q4 2024 | 255 | $3.1B | AAPL, AVGO, MSFT, PANW, GOOGL |
| Q3 2024 | 254 | $3.0B | AAPL, MSFT, AVGO, PANW, GOOGL |
| Q2 2024 | 252 | $2.9B | AAPL, MSFT, PANW, AVGO, GOOGL |
| Q1 2024 | 255 | $2.8B | AAPL, MSFT, PANW, AVGO, MA |