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HERITAGE INVESTORS MANAGEMENT CORP

SEC Form 13F institutional filer · CIK 0000937589

13F-HR · 162 reported holdings · 2026-03-31

Reported long-US-equity value

$0.00B

Top-10 concentration

33.9%

HERITAGE INVESTORS MANAGEMENT CORP — $3.12M AUM allocation strategy

HERITAGE INVESTORS MANAGEMENT CORP files SEC Form 13F and reports $3.12M of long US equity value across 162 reported holdings for 2026-03-31.

Its largest sector bet is Information Technology 21.4%, followed by Communication Services 8.2% and Financials 6.9%.

The top 10 holdings account for 34% of reported value — a broadly spread portfolio. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.

HERITAGE INVESTORS MANAGEMENT CORP — latest SEC 13F insights

Reported long-US-equity value (13F AUM)

$3.12M

total across 162 reported holdings · 2026-03-31 · excludes shorts, cash, non-US

Top-10 concentration

34% of value

higher = narrower conviction; lower = spread / hedging

Biggest adds (shares)

$DDOG$NFLX$BSX

+$DDOG +38.3K sh · +$3.18K+$NFLX +31.9K sh · +$3.16K+$BSX +19K sh · −$4.62K

Biggest trims (shares)

$CMCSA$PYPL$T

−$CMCSA −50.5K sh · −$1.82K−$PYPL −43.6K sh · −$3.56K−$T −15.6K sh · +$2.45K

Added from nil (new positions)

$SO$MRSH$XEL$WEC$GD

5 fresh holdings — new conviction

Exited to nil (held last quarter, gone now)

$ALGN

$ALGN ($591 last qtr)

Sector allocation (share of reported value)

Information Technology 21%Communication Services 8%Financials 7%Consumer Discretionary 6%Industrials 4%Consumer Staples 2%Health Care 1%Other holdings 50%SECTORS
  • $XLKInformation Technology21.4%
  • $XLCCommunication Services8.2%
  • $XLFFinancials6.9%
  • $XLYConsumer Discretionary6.0%
  • $XLIIndustrials4.1%
  • $XLPConsumer Staples1.9%
  • $XLVHealth Care1.3%
  • Other holdings50.2%

each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Industry allocation (share of reported value)

Semiconductors 8%Interactive Media & Services 7%Systems Software 6%Technology Hardware, Storage & Peripherals 6%Construction Machinery & Heavy Transportation Equipment 3%Hotels, Resorts & Cruise Lines 2%Broadline Retail 2%Transaction & Payment Processing Services 2%Other holdings 64%INDUSTRIES
  • Semiconductors7.8%
  • Interactive Media & Services6.9%
  • Systems Software6.4%
  • Technology Hardware, Storage & Peripherals5.6%
  • Construction Machinery & Heavy Transportation Equipment2.6%
  • Hotels, Resorts & Cruise Lines2.3%
  • Broadline Retail2.2%
  • Transaction & Payment Processing Services2.0%
  • Other holdings64.0%

the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Top S&P 500 holdings

10 of 10 rows · sorted by Value ↓

TickerHoldingSharesValueΔ QoQWeight
$AAPLApple Inc692K$175K-15.1K5.6%
$AVGOBroadcom Inc509K$158K-1.7K5.0%
$GOOGAlphabet Inc. Class C Capital Stock389K$112K-7.46K3.6%
$MSFTMicrosoft Corporation294K$109K+2.52K3.5%
$GOOGLAlphabet Inc365K$105K-7.91K3.3%
$PANWPalo Alto Networks Inc567K$90.8K+6.2K2.9%
$NVDANVIDIA Corporation489K$85.3K-11.2K2.7%
$CATCaterpillar Inc116K$82.5K-4.17K2.6%
$MARMarriott International222K$72.7K-3.68K2.3%
$AMZNAmazon.com Inc335K$69.8K+6.59K2.2%

…and 152 more holdings in the full 13F filing (top positions only shown).

SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported

← All 13F filers·← QuantOrb.pro

How to read Δ QoQ — the five insight categories, and the caveats

The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.

Conviction & concentration shifts

New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.

Sector & macro allocation rotations

Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.

Crowding & smart-money consensus

When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.

Derivative & option overlays

Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.

Who reads this

Retail "cloners"High-conviction ideas to replicate ~45 days after quarter-end.
Corporate IRWhich funds bought or dumped the stock, before the next call.
Quant / algo tradersCross-sectional factor inputs: flow, momentum, ownership.

Four caveats before you trade on it

  • 45-day lag — holdings are quarter-end; positions may already be closed.
  • Long-only — 13Fs miss shorts, pair trades and cash.
  • No non-US / fixed income — the picture is US equities plus options.
  • Corporate actions — splits and spinoffs distort raw share deltas.

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