SEC 13F Intelligence

Managers / Q2 2021 · view latest →

HERITAGE INVESTORS MANAGEMENT CORP

CIK 0000937589 · 7101 WISCONSIN AVENUE STE 950, BETHESDA, MD, 20814 · 3019510440

Reported Value
$2.4B
Q2 2021
Positions
267
Filings on Record
30
2019–present window
Filed
Jul 29, 2021
original filing

Summary

Heritage Investors Management Corp reported $2.4B in U.S.-listed holdings across 267 positions for Q2 2021.

Its largest position, AAPL, represents 5.0% of the portfolio.

Compared with Q1 2021, the fund opened 15 new positions and exited 7.

Portfolio Metrics

Turnover
+2.0%
vs prior filed quarter
Top-10 Concentration
+26.6%
share of reported value
Largest Position
+5.0%
Apple
New / Exited
15 / 7
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $1.5BQ4 ’18Q1 ’19: $1.7BQ2 ’19: $1.7BQ3 ’19: $1.8BQ4 ’19: $1.9BQ4 ’19Q1 ’20: $1.4BQ2 ’20: $1.7BQ3 ’20: $1.9BQ4 ’20: $2.1BQ4 ’20Q1 ’21: $2.3BQ2 ’21: $2.4BQ3 ’21: $2.4BQ4 ’21: $2.6BQ4 ’21Q1 ’22: $2.5BQ2 ’22: $2.1BQ3 ’22: $2.0BQ4 ’22: $2.2BQ4 ’22Q1 ’23: $2.3BQ2 ’23: $2.5BQ3 ’23: $2.4BQ4 ’23: $2.6BQ4 ’23Q1 ’24: $2.8BQ2 ’24: $2.9BQ3 ’24: $3.0BQ4 ’24: $3.1BQ4 ’24Q1 ’25: $2.9BQ2 ’25: $3.2BQ3 ’25: $3.3BQ4 ’25: $3.4BQ4 ’25Q1 ’26: $3.3Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 89.9%ETP: 6.6%REIT: 1.8%ADR: 1.0%Other: 0.7%
  • Common Stock · 89.9% · $2.1B
  • ETP · 6.6% · $158M
  • REIT · 1.8% · $42M
  • ADR · 1.0% · $24M
  • Other · 0.7% · $17M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
PPLIIAC INTERACTIVECORPNEW+53.9K53.9K+$8M$8M
VIMEO INCNEW+86.8K86.8K+$4M$4M
OGNORGANON & CONEW+29.2K29.2K+$886,000$886,000
BNLBROADSTONE NET LEASENEW+35.1K35.1K+$821,000$821,000
BYNDBEYOND MEAT INCNEW+4.5K4.5K+$717,000$717,000
STXSEAGATE TECHNOLOGY HOLDNEW+4.1K4.1K+$364,000$364,000
THE ORIGINAL BARK COMPANYNEW+32.1K32.1K+$356,000$356,000
CMECME GROUP INCNEW+1.5K1.5K+$324,000$324,000

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2021

240 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLAPPLE INChistory →COM4.96%$118M864.7K
2GOOGLALPHABET INCCAP STK CL A · CAP STK CL C4.50%$107M43.5K
3MSFTMICROSOFT CORPhistory →COM3.75%$90M331.1K
4VBVANGUARD INDEX FDSSMALL CP ETF · MID CAP ETF · S&P 500 ETF SHS · TOTAL STK MKT · LARGE CAP ETF · GROWTH ETF2.30%$55M232.4K
5MAMASTERCARD INCORPORAhistory →CL A2.29%$55M150.0K
6DISDISNEY WALT COhistory →COM1.83%$44M249.2K
7AMZNAMAZON COM INChistory →COM1.76%$42M12.2K
8PANWPALO ALTO NETWORKS Ihistory →COM1.75%$42M112.9K
9NKENIKE INChistory →CL B1.75%$42M270.3K
10IEFAISHARES TRCORE MSCI EAFE · MSCI EAFE ETF · RUSSELL 2000 ETF · CORE S&P SCP ETF · CORE S&P MCP ETF · MSCI EMG MKT ETF · RUS MID CAP ETF · US TREAS BD ETF · CORE S&P500 ETF · IBOXX INV CP ETF · PFD AND INCM SEC · S&P MC 400VL ETF · S&P MC 400GR ETF · RUS 2000 GRW ETF · SP SMCP600VL ETF · S&P SML 600 GWT · GL CLEAN ENE ETF1.70%$41M472.1K
11HDHOME DEPOT INChistory →COM1.67%$40M125.4K
12MARMARRIOTT INTL INC NEhistory →CL A1.55%$37M272.0K
13CATCATERPILLAR INChistory →COM1.46%$35M160.7K
14CSCOCISCO SYS INChistory →COM1.46%$35M659.6K
15JPMJPMORGAN CHASE & COhistory →COM1.44%$34M220.7K
16CRMSALESFORCE COM INChistory →COM1.41%$34M138.2K
17AVGOBROADCOM INChistory →COM1.40%$33M70.2K
18AXPAMERICAN EXPRESS COhistory →COM1.37%$33M198.8K
19TROWPRICE T ROWE GROUP Ihistory →COM1.34%$32M162.0K
20MDYSPDR S&P MIDCAP 400history →UTSER1 S&PDCRP1.33%$32M64.6K
21ZTSZOETIS INChistory →CL A1.30%$31M166.3K
22INTCINTEL CORPhistory →COM1.27%$30M540.4K
23MCDMCDONALDS CORPhistory →COM1.25%$30M128.9K
24MLMMARTIN MARIETTA MATLhistory →COM1.21%$29M81.9K
25JNJJOHNSON & JOHNSONhistory →COM1.20%$29M173.7K
26WMTWALMART INChistory →COM1.19%$29M202.3K
27BLACKROCK INCCOM1.17%$28M32.0K
28UNHUNITEDHEALTH GROUP Ihistory →COM1.16%$28M69.0K
29STZCONSTELLATION BRANDShistory →CL A1.14%$27M116.5K
30YUMCYUM CHINA HLDGS INChistory →COM1.07%$26M386.4K
31GSGOLDMAN SACHS GROUPhistory →COM1.01%$24M63.9K
32RTXRAYTHEON TECHNOLOGIEhistory →COM1.01%$24M283.3K
33BACBK OF AMERICA CORPhistory →COM1.00%$24M579.8K
34MSMORGAN STANLEYhistory →COM NEW0.98%$23M254.2K
35MRKMERCK & CO INChistory →COM0.96%$23M295.9K
36SYFSYNCHRONY FINANCIALhistory →COM0.95%$23M466.1K
37CCITIGROUP INChistory →COM NEW0.94%$22M318.0K
38FDXFEDEX CORPhistory →COM0.92%$22M73.9K
39COFCAPITAL ONE FINL CORhistory →COM0.89%$21M138.2K
40AMGNAMGEN INChistory →COM0.86%$21M84.3K
41VZVERIZON COMMUNICATIOhistory →COM0.85%$20M364.1K
42AMTAMERICAN TOWER CORPhistory →COM0.85%$20M74.8K
43TMOTHERMO FISHER SCIENThistory →COM0.83%$20M39.3K
44EQIXEQUINIX INChistory →COM0.82%$20M24.4K
45PEPPEPSICO INChistory →COM0.80%$19M129.5K
46CMCSACOMCAST CORP NEWhistory →CL A0.78%$19M327.6K
47CVXCHEVRON CORP NEWhistory →COM0.78%$19M177.1K
48CSXCSX CORPhistory →COM0.78%$19M578.4K
49ZBHZIMMER BIOMET HOLDINhistory →COM0.76%$18M113.4K
50BABOEING COhistory →COM0.75%$18M74.8K
51VEUVANGUARD INTL EQUITYALLWRLD EX US · FTSE EMR MKT ETF0.75%$18M298.6K
52UPSUNITED PARCEL SERVIChistory →CL B0.74%$18M85.2K
53SPLUNK INCCOM0.73%$17M119.9K
54YUMYUM BRANDS INChistory →COM0.73%$17M150.6K
55ADPAUTOMATIC DATA PROCEhistory →COM0.72%$17M87.1K
56TAT&T INChistory →COM0.69%$16M571.0K
57APDAIR PRODS & CHEMS INhistory →COM0.69%$16M57.0K
58METAFACEBOOK INChistory →CL A0.69%$16M47.1K
59KOCOCA COLA COhistory →COM0.68%$16M299.9K
60PFEPFIZER INChistory →COM0.62%$15M380.8K
61PCARPACCAR INChistory →COM0.62%$15M166.7K
62HONHONEYWELL INTL INChistory →COM0.60%$14M65.4K
63PGPROCTER AND GAMBLE Chistory →COM0.59%$14M105.0K
64COPCONOCOPHILLIPShistory →COM0.57%$14M224.8K
65NSCNORFOLK SOUTHN CORPhistory →COM0.53%$13M47.9K
66DDDUPONT DE NEMOURS INhistory →COM0.52%$13M161.8K
67PMPHILIP MORRIS INTL Ihistory →COM0.52%$12M125.7K
68MTCHMATCH GROUP INC NEWhistory →COM0.51%$12M75.3K
69LDOSLEIDOS HOLDINGS INChistory →COM0.49%$12M116.2K
70BMYBRISTOL-MYERS SQUIBBhistory →COM0.47%$11M167.3K
71BURLBURLINGTON STORES INhistory →COM0.47%$11M34.6K
72LMTLOCKHEED MARTIN CORPhistory →COM0.45%$11M28.6K
73ADMARCHER DANIELS MIDLAhistory →COM0.45%$11M176.7K
74LINDE PLCSHS0.45%$11M36.8K
75CMGCHIPOTLE MEXICAN GRIhistory →COM0.43%$10M6.6K
76IBMINTERNATIONAL BUSINEhistory →COM0.43%$10M69.6K
77EXKEXACT SCIENCES CORPhistory →COM0.43%$10M82.0K
78BSXBOSTON SCIENTIFIC COCOM0.42%$10M232.1K
79ABBVABBVIE INCCOM0.41%$10M86.9K
80VVISA INCCOM CL A0.40%$10M41.3K
81TMTOYOTA MOTOR CORPSP ADR REP2COM0.37%$9M50.3K
82PPLIIAC INTERACTIVECORPCOM0.35%$8M53.9K
83PSXPHILLIPS 66COM0.34%$8M94.4K
84RPDRAPID7 INCCOM0.33%$8M82.7K
85MMM3M COCOM0.33%$8M39.2K
86EXMOCEXXON MOBIL CORPCOM0.32%$8M120.9K
87MDLZMONDELEZ INTL INCCL A0.31%$7M117.0K
88SLMSLM CORPCOM0.30%$7M342.6K
89ALGNALIGN TECHNOLOGY INCCOM0.30%$7M11.7K
90MDTMEDTRONIC PLCSHS0.30%$7M57.6K
91MOALTRIA GROUP INCCOM0.29%$7M144.8K
92LHXL3HARRIS TECHNOLOGIECOM0.28%$7M31.1K
93HSYHERSHEY COCOM0.26%$6M35.9K
94AERAERCAP HOLDINGS NVSHS0.26%$6M121.2K
95TAKTAKEDA PHARMACEUTICASPONSORED ADS0.26%$6M362.9K
96UNPUNION PAC CORPCOM0.25%$6M27.3K
97TGTTARGET CORPCOM0.25%$6M24.6K
98SLBSCHLUMBERGER LTDCOM0.25%$6M185.2K
99ELANELANCO ANIMAL HEALTHCOM0.25%$6M170.3K
100REZIRESIDEO TECHNOLOGIESCOM0.25%$6M196.8K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$3.3B249Apr 24, 202613F-HRchanges · EDGAR ↗
Q4 2025$3.4B245Feb 6, 202613F-HRchanges · EDGAR ↗
Q3 2025$3.3B251Nov 4, 202513F-HRchanges · EDGAR ↗
Q2 2025$3.2B252Aug 4, 202513F-HRchanges · EDGAR ↗
Q1 2025$2.9B254May 5, 202513F-HRchanges · EDGAR ↗
Q4 2024$3.1B255Feb 5, 202513F-HRchanges · EDGAR ↗
Q3 2024$3.0B254Oct 30, 202413F-HRchanges · EDGAR ↗
Q2 2024$2.9B252Jul 30, 202413F-HRchanges · EDGAR ↗
Q1 2024$2.8B255Apr 29, 202413F-HRchanges · EDGAR ↗
Q4 2023$2.6B248Feb 7, 202413F-HRchanges · EDGAR ↗
Q3 2023$2.4B246Nov 9, 202313F-HRchanges · EDGAR ↗
Q2 2023$2.5B244Aug 1, 202313F-HRchanges · EDGAR ↗
Q1 2023$2.3B249May 1, 202313F-HRchanges · EDGAR ↗
Q4 2022$2.2B261Feb 6, 202313F-HRchanges · EDGAR ↗
Q3 2022$2.0B252Oct 27, 202213F-HRchanges · EDGAR ↗
Q2 2022$2.1B256Aug 1, 202213F-HRchanges · EDGAR ↗
Q1 2022$2.5B274May 2, 202213F-HRchanges · EDGAR ↗
Q4 2021$2.6B276Jan 28, 202213F-HRchanges · EDGAR ↗
Q3 2021$2.4B276Oct 28, 202113F-HRchanges · EDGAR ↗
Q2 2021$2.4B267Jul 29, 202113F-HRchanges · EDGAR ↗
Q1 2021$2.3B259Apr 23, 202113F-HRchanges · EDGAR ↗
Q4 2020$2.1B263Jan 28, 202113F-HRchanges · EDGAR ↗
Q3 2020$1.9B260Oct 29, 202013F-HRchanges · EDGAR ↗
Q2 2020$1.7B262Jul 24, 202013F-HRchanges · EDGAR ↗
Q1 2020$1.4B219May 6, 202013F-HRchanges · EDGAR ↗
Q4 2019$1.9B208Jan 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$1.8B207Oct 18, 201913F-HRchanges · EDGAR ↗
Q2 2019$1.7B212Jul 11, 201913F-HRchanges · EDGAR ↗
Q1 2019$1.7B206Apr 9, 201913F-HRchanges · EDGAR ↗
Q4 2018$1.5B181Jan 28, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.