SEC 13F Intelligence

Managers / Q3 2024 · view latest →

HERITAGE INVESTORS MANAGEMENT CORP

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

Reported Value
$3.0B
Q3 2024
Positions
254
Filings on Record
30
2019–present window
Filed
Oct 30, 2024
original filing

Summary

Heritage Investors Management Corp reported $3.0B in U.S.-listed holdings across 254 positions for Q3 2024.

Its largest position, AAPL, represents 5.7% of the portfolio.

Compared with Q2 2024, the fund opened 13 new positions and exited 11.

Portfolio Metrics

Turnover
+2.0%
vs prior filed quarter
Top-10 Concentration
+32.1%
share of reported value
Largest Position
+5.7%
Apple
New / Exited
13 / 11
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: 91.9%ETP: 5.8%REIT: 1.7%ADR: 0.6%MLP: 0.0%Other: 0.0%
  • Common Stock · 91.9% · $2.8B
  • ETP · 5.8% · $175M
  • REIT · 1.7% · $50M
  • ADR · 0.6% · $19M
  • MLP · 0.0% · $703,000
  • Other · 0.0% · $52,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
DDOGDATADOG INCNEW+10.1K10.1K+$1M$1M
IWOISHARES TRNEW+2.0K2.0K+$563,000$563,000
TFCTRUIST FINL CORPNEW+11.0K11.0K+$469,000$469,000
SCHFSCHWAB STRATEGIC TRNEW+7.8K7.8K+$320,000$320,000
IBITISHARES BITCOIN TRNEW+8.4K8.4K+$303,000$303,000
IVVISHARES TRNEW+415415+$239,000$239,000
BAMBROOKFIELD ASSET MANAGMT LTDNEW+4.9K4.9K+$234,000$234,000
TSLATESLA INCNEW+886886+$232,000$232,000

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

Holdings — Q3 2024

231 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLAPPLE INChistory →COM5.68%$171M731.8K
2GOOGLALPHABET INCCAP STK CL A · CAP STK CL C4.55%$137M820.9K
3MSFTMICROSOFT CORPhistory →COM4.33%$130M302.4K
4AVGOBROADCOM INChistory →COM3.49%$105M608.0K
5PANWPALO ALTO NETWORKS INChistory →COM3.36%$101M294.7K
6VBVANGUARD INDEX FDSSMALL CP ETF · MID CAP ETF · S&P 500 ETF SHS · TOTAL STK MKT · LARGE CAP ETF · GROWTH ETF2.32%$70M262.1K
7MAMASTERCARD INCORPORATEDhistory →CL A2.25%$67M136.6K
8NVDANVIDIA CORPORATIONhistory →COM2.11%$63M522.6K
9AMZNAMAZON COM INChistory →COM2.03%$61M327.4K
10MARMARRIOTT INTL INC NEWhistory →CL A1.95%$59M235.6K
11HDHOME DEPOT INChistory →COM1.76%$53M130.0K
12CATCATERPILLAR INChistory →COM1.70%$51M130.5K
13CRMSALESFORCE INChistory →COM1.61%$48M176.5K
14AXPAMERICAN EXPRESS COhistory →COM1.53%$46M169.0K
15JPMJPMORGAN CHASE & CO.history →COM1.51%$45M214.4K
16WMTWALMART INChistory →COM1.45%$43M538.3K
17IEFAISHARES TRCORE MSCI EAFE · MSCI EAFE ETF · CORE S&P MCP ETF · CORE S&P SCP ETF · RUSSELL 2000 ETF · MSCI EMG MKT ETF · RUS MID CAP ETF · RUS 1000 GRW ETF · RUS 2000 GRW ETF · GL CLEAN ENE ETF · SHRT NAT MUN ETF · S&P MC 400VL ETF · S&P MC 400GR ETF · SP SMCP600VL ETF · CORE S&P500 ETF · S&P SML 600 GWT1.37%$41M491.1K
18UNHUNITEDHEALTH GROUP INChistory →COM1.31%$39M67.1K
19DISDISNEY WALT COhistory →COM1.27%$38M397.7K
20CSCOCISCO SYS INChistory →COM1.21%$36M682.1K
21BLACKROCK INCCOM1.20%$36M37.9K
22ZTSZOETIS INChistory →CL A1.16%$35M178.8K
23MLMMARTIN MARIETTA MATLS INChistory →COM1.14%$34M63.4K
24MCDMCDONALDS CORPhistory →COM1.09%$33M107.5K
25RTXRTX CORPORATIONhistory →COM1.09%$33M270.1K
26MRKMERCK & CO INChistory →COM1.07%$32M281.7K
27GSGOLDMAN SACHS GROUP INChistory →COM1.05%$31M63.5K
28NKENIKE INChistory →CL B1.04%$31M352.2K
29STZCONSTELLATION BRANDS INChistory →CL A1.02%$31M119.1K
30MDYSPDR S&P MIDCAP 400 ETF TRhistory →UTSER1 S&PDCRP0.99%$30M52.3K
31BACBANK AMERICA CORPhistory →COM0.98%$30M744.4K
32JNJJOHNSON & JOHNSONhistory →COM0.94%$28M173.2K
33MSMORGAN STANLEYhistory →COM NEW0.91%$27M261.1K
34TMOTHERMO FISHER SCIENTIFIC INChistory →COM0.89%$27M43.3K
35FDXFEDEX CORPhistory →COM0.83%$25M91.4K
36EQIXEQUINIX INChistory →COM0.83%$25M28.1K
37ADBEADOBE INChistory →COM0.83%$25M48.0K
38SYFSYNCHRONY FINANCIALhistory →COM0.80%$24M479.8K
39AMTAMERICAN TOWER CORP NEWhistory →COM0.80%$24M102.9K
40CMGCHIPOTLE MEXICAN GRILL INChistory →COM0.79%$24M411.4K
41CVXCHEVRON CORP NEWhistory →COM0.79%$24M160.1K
42COFCAPITAL ONE FINL CORPhistory →COM0.71%$21M142.1K
43ADPAUTOMATIC DATA PROCESSING INhistory →COM0.70%$21M76.4K
44CCITIGROUP INChistory →COM NEW0.70%$21M335.5K
45COPCONOCOPHILLIPShistory →COM0.70%$21M198.6K
46NOWSERVICENOW INChistory →COM0.69%$21M23.2K
47COSTCOSTCO WHSL CORP NEWhistory →COM0.68%$21M23.2K
48TROWPRICE T ROWE GROUP INChistory →COM0.68%$20M187.8K
49PEPPEPSICO INChistory →COM0.66%$20M117.0K
50YUMCYUM CHINA HLDGS INChistory →COM0.65%$20M436.1K
51APDAIR PRODS & CHEMS INChistory →COM0.64%$19M64.5K
52AMGNAMGEN INChistory →COM0.63%$19M59.0K
53IQVIQVIA HLDGS INChistory →COM0.63%$19M80.0K
54KOCOCA COLA COhistory →COM0.63%$19M262.3K
55ACNACCENTURE PLC IRELANDhistory →SHS CLASS A0.61%$18M51.9K
56CSXCSX CORPhistory →COM0.60%$18M523.3K
57VZVERIZON COMMUNICATIONS INChistory →COM0.59%$18M393.6K
58BABOEING COhistory →COM0.58%$17M114.1K
59YUMYUM BRANDS INChistory →COM0.57%$17M123.2K
60METAMETA PLATFORMS INChistory →CL A0.57%$17M30.0K
61PCARPACCAR INChistory →COM0.56%$17M171.6K
62VEUVANGUARD INTL EQUITY INDEX FALLWRLD EX US · FTSE EMR MKT ETF0.56%$17M297.7K
63ZBHZIMMER BIOMET HOLDINGS INChistory →COM0.56%$17M154.9K
64BSXBOSTON SCIENTIFIC CORPhistory →COM0.55%$16M196.9K
65CMCSACOMCAST CORP NEWhistory →CL A0.54%$16M391.1K
66LDOSLEIDOS HOLDINGS INChistory →COM0.52%$16M95.1K
67PFEPFIZER INChistory →COM0.51%$15M525.3K
68TAT&T INChistory →COM0.50%$15M680.0K
69NEENEXTERA ENERGY INChistory →COM0.48%$15M171.5K
70DDDUPONT DE NEMOURS INChistory →COM0.46%$14M155.2K
71ABBVABBVIE INChistory →COM0.46%$14M69.6K
72PGPROCTER AND GAMBLE COhistory →COM0.46%$14M78.9K
73LMTLOCKHEED MARTIN CORPhistory →COM0.45%$14M23.2K
74HONHONEYWELL INTL INChistory →COM0.42%$13M61.4K
75LINLINDE PLChistory →SHS0.41%$12M25.9K
76INTCINTEL CORPhistory →COM0.40%$12M514.7K
77BURLBURLINGTON STORES INChistory →COM0.40%$12M45.6K
78VVISA INChistory →COM CL A0.39%$12M42.4K
79PYPLPAYPAL HLDGS INChistory →COM0.38%$12M147.4K
80EXMOCEXXON MOBIL CORPhistory →COM0.38%$11M97.6K
81IBMINTERNATIONAL BUSINESS MACHShistory →COM0.38%$11M51.1K
82UPSUNITED PARCEL SERVICE INChistory →CL B0.37%$11M81.9K
83PSXPHILLIPS 66history →COM0.36%$11M81.7K
84MCKMCKESSON CORPhistory →COM0.35%$10M21.2K
85NSCNORFOLK SOUTHN CORPhistory →COM0.34%$10M40.8K
86MDLZMONDELEZ INTL INChistory →CL A0.33%$10M136.3K
87ADMARCHER DANIELS MIDLAND COCOM0.33%$10M163.6K
88AERAERCAP HOLDINGS NVSHS0.30%$9M95.9K
89BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.29%$9M18.8K
90BMYBRISTOL-MYERS SQUIBB COCOM0.28%$8M163.1K
91TMTOYOTA MOTOR CORPADS0.27%$8M46.2K
92PMPHILIP MORRIS INTL INCCOM0.26%$8M65.2K
93SLBSCHLUMBERGER LTDCOM STK0.26%$8M186.5K
94LHXL3HARRIS TECHNOLOGIES INCCOM0.24%$7M30.5K
95UNPUNION PAC CORPCOM0.24%$7M29.4K
96TGTTARGET CORPCOM0.24%$7M46.0K
97MDTMEDTRONIC PLCSHS0.24%$7M78.6K
98IEMGISHARES INCCORE MSCI EMKT · MSCI EMERG MRKT0.22%$7M114.0K
99EXKEXACT SCIENCES CORPCOM0.21%$6M94.3K
100SHELSHELL PLCSPON ADS0.21%$6M95.2K

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 ↗.