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Asset Manager ← All Institutions

HERITAGE INVESTORS MANAGEMENT CORP

7101 WISCONSIN AVENUE STE 950, BETHESDA, MD 20814 • 3019510440

Q1 2026 · Filed 2026-04-24
Market Value
$3.3B
-4.0%
Holdings
253
-3
New Purchases
10
Added To
50
Closed
6
Reduced
144
Top 10 Concentration
32.2%
Turnover
6.3%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
CAT 2.50% 2.01% +0.49% $82M
CVX 0.97% 0.70% +0.26% $32M
COP 0.80% 0.56% +0.24% $26M
FDX 1.10% 0.87% +0.23% $36M
WMT 1.80% 1.60% +0.21% $59M
EQIX 0.88% 0.68% +0.21% $29M
JNJ 1.24% 1.04% +0.20% $41M
MRK 1.21% 1.02% +0.20% $40M
MAR 2.21% 2.04% +0.16% $73M
COST 0.81% 0.68% +0.14% $27M
XOM 0.46% 0.33% +0.13% $15M
VZ 0.61% 0.48% +0.13% $20M
INTC 0.64% 0.52% +0.12% $21M
PSX 0.41% 0.29% +0.12% $14M
SLB 0.43% 0.32% +0.11% $14M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
MSFT 3.31% 4.11% -0.80% $109M
AVGO 4.79% 5.15% -0.37% $158M
CRM 1.11% 1.48% -0.37% $37M
AAPL 5.33% 5.60% -0.27% $175M
AXP 1.42% 1.67% -0.25% $47M
PANW 2.76% 3.01% -0.25% $91M
GOOG 3.18% 3.41% -0.23% $105M
GOOGL 3.39% 3.61% -0.22% $112M
COF 0.82% 1.02% -0.20% $27M
NOW 0.62% 0.80% -0.18% $20M
MA 1.96% 2.13% -0.18% $65M
SYF 0.85% 1.02% -0.16% $28M
DIS 1.22% 1.37% -0.15% $40M
ADBE 0.42% 0.57% -0.15% $14M
EXAS 0.00% 0.13% -0.13% $0

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Technology 25.7%
Financial Services 19.2%
Industrials 10.8%
Communication Services 10.3%
Consumer Cyclical 9.8%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 58 $1.9B 57.6%
Large Cap 153 $1.4B 41.4%
Mid Cap 25 $23M 0.7%
Small Cap 11 $9M 0.3%
Micro Cap 6 $2M 0.1%

Portfolio Analytics

Avg Market Cap
$258.2B
Median Market Cap
$79.3B
Avg P/E
32.6
Median P/E
24.4
Avg Dividend Yield
0.02%
Avg Beta
0.95
# Stocks
212
# ETFs / Funds
41

Top Holdings (253 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 AAPL 5.33% 691,507 $175M $253.79 -$17M -15,059 -2.1%
2 AVGO 4.79% 509,263 $158M $309.51 -$19M -1,696 -0.3%
3 GOOGL 3.39% 388,502 $112M $287.56 -$12M -7,458 -1.9%
4 MSFT 3.31% 294,296 $109M $370.17 -$32M +2,524 +0.9%
5 GOOG 3.18% 364,585 $105M $286.86 -$12M -7,912 -2.1%
6 PANW 2.76% 566,661 $91M $160.32 -$12M +6,203 +1.1%
7 NVDA 2.59% 489,301 $85M $174.40 -$8M -11,206 -2.2%
8 CAT 2.50% 116,396 $82M $708.46 $13M -4,171 -3.5%
9 MAR 2.21% 222,137 $73M $327.07 $3M -3,684 -1.6%
10 AMZN 2.12% 335,044 $70M $208.27 -$6M +6,591 +2.0%
11 MA 1.96% 129,091 $65M $499.66 -$9M +818 +0.6%
12 WMT 1.80% 477,776 $59M $124.28 $5M -13,852 -2.8%
13 JPM 1.70% 190,490 $56M $294.16 -$5M -434 -0.2%
14 CSCO 1.50% 637,913 $49M $77.59 $100K -3,338 -0.5%
15 GS 1.43% 55,579 $47M $845.98 -$3M -908 -1.6%
16 AXP 1.42% 154,755 $47M $302.48 -$11M -462 -0.3%
17 HD 1.41% 141,246 $46M $328.89 -$2M +1,316 +0.9%
18 RTX 1.39% 237,492 $46M $192.90 $1M -6,709 -2.8%
19 JNJ 1.24% 167,082 $41M $244.44 $5M -5,785 -3.4%
20 DIS 1.22% 417,459 $40M $96.38 -$7M +3,301 +0.8%
21 MRK 1.21% 332,467 $40M $120.29 $5M +595 +0.2%
22 BLK 1.17% 40,111 $39M $961.71 -$3M +1,065 +2.7%
23 VB 1.14% 142,972 $37M $261.92 $295K -1,056 -0.7%
24 MS 1.12% 223,795 $37M $164.57 -$3M -2,297 -1.0%
25 MLM 1.11% 62,239 $37M $588.68 -$3M -1,538 -2.4%
26 CRM 1.11% 196,277 $37M $186.67 -$14M +4,847 +2.5%
27 FDX 1.10% 102,017 $36M $356.18 $6M -1,380 -1.3%
28 BAC 1.07% 722,145 $35M $48.75 -$4M +289 +0.0%
29 C 1.01% 292,214 $33M $113.41 -$1M -3,983 -1.3%
30 MCD 0.99% 104,532 $32M $310.79 $638K +321 +0.3%
31 CVX 0.97% 153,757 $32M $206.90 $8M -4,880 -3.1%
32 MDY 0.92% 49,152 $30M $616.76 $199K -769 -1.5%
33 EQIX 0.88% 29,724 $29M $980.25 $6M -665 -2.2%
34 SYF 0.85% 412,180 $28M $68.02 -$7M -5,699 -1.4%
35 TMO 0.85% 56,987 $28M $491.53 -$5M +554 +1.0%
36 COF 0.82% 147,455 $27M $182.43 -$8M +3,050 +2.1%
37 COST 0.81% 26,927 $27M $996.43 $4M -57 -0.2%
38 COP 0.80% 199,032 $26M $132.00 $7M -5,894 -2.9%
39 META 0.75% 43,352 $25M $572.13 $3M +9,826 +29.3%
40 ZTS 0.75% 209,297 $25M $118.21 -$1M +4,496 +2.2%
41 PEP 0.75% 159,266 $25M $155.29 $2M +1,636 +1.0%
42 BA 0.67% 111,272 $22M $199.03 -$2M -660 -0.6%
43 UNH 0.66% 80,404 $22M $270.60 -$4M +1,835 +2.3%
44 CSX 0.64% 516,427 $21M $41.05 $2M -14,993 -2.8%
45 INTC 0.64% 476,267 $21M $44.13 $3M -5,062 -1.1%
46 NOW 0.62% 195,076 $20M $104.55 -$7M +16,565 +9.3%
47 KO 0.61% 266,073 $20M $76.05 $2M -1,798 -0.7%
48 AMT 0.61% 116,814 $20M $172.58 -$275K +424 +0.4%
49 VZ 0.61% 399,777 $20M $50.20 $4M -7,003 -1.7%
50 YUMC 0.60% 407,989 $20M $48.78 $215K -4,381 -1.1%
51 T 0.60% 684,186 $20M $28.99 $2M -15,588 -2.2%
52 AMGN 0.59% 54,773 $19M $351.85 $1M -914 -1.6%
53 APD 0.58% 65,581 $19M $290.50 $3M -262 -0.4%
54 PCAR 0.58% 164,549 $19M $115.50 $651K -3,051 -1.8%
55 IQV 0.57% 109,388 $19M $170.54 -$4M +7,239 +7.1%
56 STZ 0.55% 120,449 $18M $150.00 $1M -1,820 -1.5%
57 YUM 0.54% 114,689 $18M $155.48 $205K -1,828 -1.6%
58 NKE 0.53% 333,335 $18M $52.82 -$4M -380 -0.1%
59 LMT 0.53% 28,824 $17M $604.39 $3M -725 -2.5%
60 MCK 0.53% 20,030 $17M $865.35 $770K -162 -0.8%
61 CMG 0.52% 538,495 $17M $32.01 -$2M +9,410 +1.8%
62 VO 0.51% 58,327 $17M $287.17 -$685K -1,747 -2.9%
63 LDOS 0.48% 102,345 $16M $155.52 -$3M +180 +0.2%
64 NEE 0.48% 169,153 $16M $92.88 $2M -2,556 -1.5%
65 ACN 0.47% 78,231 $16M $198.28 -$4M +5,366 +7.4%
66 HON 0.47% 68,120 $15M $226.03 $2M +1,043 +1.6%
67 XOM 0.46% 90,014 $15M $169.66 $4M -4,576 -4.8%
68 BURL 0.46% 46,846 $15M $325.39 $2M +420 +0.9%
69 ADP 0.45% 73,344 $15M $203.18 -$3M +2,924 +4.2%
70 ABBV 0.44% 66,550 $14M $217.49 -$518K +938 +1.4%
71 SLB 0.43% 276,341 $14M $51.39 $3M -7,621 -2.7%
72 ADBE 0.42% 57,189 $14M $243.09 -$6M +1,243 +2.2%
73 PSX 0.41% 74,457 $14M $182.19 $3M -3,632 -4.7%
74 V 0.41% 44,356 $13M $302.24 -$2M +292 +0.7%
75 DDOG 0.40% 112,653 $13M $118.05 $3M +38,272 +51.5%
76 BSX 0.38% 197,162 $12M $62.75 -$5M +18,957 +10.6%
77 LIN 0.38% 24,942 $12M $495.75 $2M +489 +2.0%
78 TROW 0.37% 136,589 $12M $90.14 -$2M -7,423 -5.2%
79 IEFA 0.37% 132,871 $12M $90.53 -$25K -1,870 -1.4%
80 VEU 0.36% 158,323 $12M $75.10 $75K -2,296 -1.4%
81 IBM 0.36% 48,306 $12M $242.39 -$3M -228 -0.5%
82 ZBH 0.35% 126,959 $11M $90.42 -$555K -6,886 -5.1%
83 PG 0.34% 78,237 $11M $144.45 $36K -368 -0.5%
84 AER 0.34% 80,751 $11M $137.17 -$679K -1,021 -1.2%
85 EFA 0.34% 113,732 $11M $97.13 $214K +925 +0.8%
86 PFE 0.32% 373,030 $10M $28.08 $1M -2,440 -0.7%
87 ADM 0.31% 138,650 $10M $72.69 $2M -3,709 -2.6%
88 LHX 0.30% 28,343 $10M $345.16 $1M -749 -2.6%
89 MDLZ 0.29% 164,118 $9M $57.64 $732K +1,972 +1.2%
90 TM 0.28% 45,134 $9M $206.10 -$438K -367 -0.8%
91 LLY 0.27% 9,795 $9M $919.75 -$560K +891 +10.0%
92 BRK-B 0.27% 18,463 $9M $479.17 -$550K -231 -1.2%
93 NSC 0.26% 29,661 $9M $287.01 -$254K -706 -2.3%
94 BMY 0.25% 136,843 $8M $60.65 $832K -1,609 -1.2%
95 UNP 0.24% 33,006 $8M $242.62 $335K -166 -0.5%
96 Q 0.24% 67,620 $8M $115.38 $2M -5,045 -6.9%
97 SHEL 0.23% 81,314 $8M $93.00 $873K -9,724 -10.7%
98 CMCSA 0.23% 261,541 $8M $28.71 -$2M -50,465 -16.2%
99 DD 0.21% 153,614 $7M $45.80 $913K +1,310 +0.9%
100 IEMG 0.21% 100,652 $7M $69.75 $78K -2,622 -2.5%

New Positions

SymbolValue% Port
SO $498K 0.02%
MMC $440K 0.01%
XEL $435K 0.01%
WEC $308K 0.01%
MUB $246K 0.01%
GD $235K 0.01%
TRN $228K 0.01%
BCPC $212K 0.01%
LOW $211K 0.01%
TMUS $201K 0.01%

Sold Out Positions

SymbolValue% Port
GTLS —%
FCHL —%
ITRI —%
ALGN —%
DTST —%
EXAS —%
View SEC EDGAR Filings for HERITAGE INVESTORS MANAGEMENT CORP →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms