HERITAGE INVESTORS MANAGEMENT CORP

BETHESDA, MD · CIK 937589 · 13F filing filed 2026-08-04

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Others nearbyBethesda, MD

$3.6bn reported value +9.7% vs Q1 2026

257positions

35.9%in top 10

15 new 36 added 157 reduced 7 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	APPLE INC COM AAPL	AAPL	673,254	$194.8m5.39%	5.39%	Reduced -18.3k	-18,253 -2.6%
2	PALO ALTO NETWORKS INC COM PANW	PANW	549,796	$187.5m5.19%	5.19%	Reduced -16.9k	-16,865 -3.0%
3	BROADCOM INC COM AVGO	AVGO	482,977	$182.4m5.05%	5.05%	Reduced -26.3k	-26,286 -5.2%
4	ALPHABET INC CAP STK CL A GOOGL	GOOGL	374,536	$133.8m3.70%	3.70%	Reduced -14.0k	-13,966 -3.6%
5	ALPHABET INC CAP STK CL C GOOG	GOOG	350,056	$123.7m3.42%	3.42%	Reduced -14.5k	-14,529 -4.0%
6	CATERPILLAR INC COM CAT	CAT	104,402	$111.2m3.08%	3.08%	Reduced -12.0k	-11,994 -10.3%
7	MICROSOFT CORP COM MSFT	MSFT	292,324	$109.0m3.02%	3.02%	Reduced -2.0k	-1,972 -0.7%
8	NVIDIA CORPORATION COM NVDA	NVDA	484,082	$96.9m2.68%	2.68%	Reduced -5.2k	-5,219 -1.1%
9	MARRIOTT INTL INC NEW CL A MAR	MAR	218,685	$81.0m2.24%	2.24%	Reduced -3.5k	-3,452 -1.6%
10	AMAZON COM INC COM AMZN	AMZN	329,786	$78.6m2.18%	2.18%	Reduced -5.3k	-5,258 -1.6%
11	CISCO SYS INC COM CSCO	CSCO	621,713	$73.0m2.02%	2.02%	Reduced -16.2k	-16,200 -2.5%
12	MASTERCARD INCORPORATED CL A MA	MA	129,425	$66.5m1.84%	1.84%	Added +334	+334 0.3%
13	JPMORGAN CHASE & CO COM JPM	JPM	185,967	$60.9m1.68%	1.68%	Reduced -4.5k	-4,523 -2.4%
14	INTEL CORP COM INTC	INTC	422,405	$59.0m1.63%	1.63%	Reduced -53.9k	-53,862 -11.3%
15	GOLDMAN SACHS GROUP INC COM GS	GS	53,221	$53.8m1.49%	1.49%	Reduced -2.4k	-2,358 -4.2%
16	WALMART INC COM WMT	WMT	472,513	$53.5m1.48%	1.48%	Reduced -5.3k	-5,263 -1.1%
17	AMERICAN EXPRESS CO COM AXP	AXP	152,142	$51.5m1.42%	1.42%	Reduced -2.6k	-2,613 -1.7%
18	HOME DEPOT INC COM HD	HD	143,987	$50.8m1.41%	1.41%	Added +2.7k	+2,741 1.9%
19	RTX CORPORATION COM RTX	RTX	232,580	$44.1m1.22%	1.22%	Reduced -4.9k	-4,912 -2.1%
20	MORGAN STANLEY COM NEW MS	MS	210,199	$43.9m1.22%	1.22%	Reduced -13.6k	-13,596 -6.1%
21	JOHNSON & JOHNSON COM JNJ	JNJ	160,709	$40.8m1.13%	1.13%	Reduced -6.4k	-6,373 -3.8%
22	MERCK & CO INC COM MRK	MRK	316,592	$40.7m1.13%	1.13%	Reduced -15.9k	-15,875 -4.8%
23	VANGUARD INDEX FDS SMALL CP ETF VB	VB	134,058	$40.6m1.12%	1.12%	Reduced -8.9k	-8,914 -6.2%
24	DISNEY WALT CO COM DIS	DIS	413,720	$39.8m1.10%	1.10%	Reduced -3.7k	-3,739 -0.9%
25	BANK AMERICA CORP COM BAC	BAC	693,736	$39.5m1.09%	1.09%	Reduced -28.4k	-28,409 -3.9%
26	BLACKROCK INC COM BLK	BLK	40,102	$38.6m1.07%	1.07%	Reduced -9	-9 -0.0%
27	CITIGROUP INC COM NEW C	C	272,326	$38.1m1.05%	1.05%	Reduced -19.9k	-19,888 -6.8%
28	MARTIN MARIETTA MATLS INC COM MLM	MLM	63,180	$36.4m1.01%	1.01%	Added +941	+941 1.5%
29	UNITEDHEALTH GROUP INC COM UNH	UNH	80,002	$33.3m0.92%	0.92%	Reduced -402	-402 -0.5%
30	SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP MDY	MDY	45,654	$32.1m0.89%	0.89%	Reduced -3.5k	-3,498 -7.1%
31	SALESFORCE INC COM CRM	CRM	200,553	$31.4m0.87%	0.87%	Added +4.3k	+4,276 2.2%
32	FEDEX CORP COM FDX	FDX	100,162	$31.4m0.87%	0.87%	Reduced -1.9k	-1,855 -1.8%
33	EQUINIX INC COM EQIX	EQIX	29,335	$30.6m0.85%	0.85%	Reduced -389	-389 -1.3%
34	DATADOG INC CL A COM DDOG	DDOG	114,121	$29.7m0.82%	0.82%	Added +1.5k	+1,468 1.3%
35	SYNCHRONY FINANCIAL COM SYF	SYF	390,079	$29.7m0.82%	0.82%	Reduced -22.1k	-22,101 -5.4%
36	CAPITAL ONE FINL CORP COM COF	COF	147,609	$29.6m0.82%	0.82%	Added +154	+154 0.1%
37	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	58,447	$29.3m0.81%	0.81%	Added +1.5k	+1,460 2.6%
38	MCDONALDS CORP COM MCD	MCD	106,897	$28.9m0.80%	0.80%	Added +2.4k	+2,365 2.3%
39	META PLATFORMS INC CL A META	META	48,434	$27.3m0.76%	0.76%	Added +5.1k	+5,082 11.7%
40	COSTCO WHSL CORP NEW COM COST	COST	27,469	$25.7m0.71%	0.71%	Added +542	+542 2.0%
41	CHEVRON CORP NEW COM CVX	CVX	151,342	$25.1m0.69%	0.69%	Reduced -2.4k	-2,415 -1.6%
42	BOEING CO COM BA	BA	105,903	$22.9m0.63%	0.63%	Reduced -5.4k	-5,369 -4.8%
43	CSX CORP COM CSX	CSX	478,881	$22.8m0.63%	0.63%	Reduced -37.5k	-37,546 -7.3%
44	SERVICENOW INC COM NOW	NOW	220,160	$21.9m0.60%	0.60%	Added +25.1k	+25,084 12.9%
45	PEPSICO INC COM PEP	PEP	159,548	$21.6m0.60%	0.60%	Added +282	+282 0.2%
46	IQVIA HLDGS INC COM IQV	IQV	111,044	$21.5m0.59%	0.59%	Added +1.7k	+1,656 1.5%
47	COCA COLA CO COM KO	KO	252,483	$20.5m0.57%	0.57%	Reduced -13.6k	-13,590 -5.1%
48	CONOCOPHILLIPS COM COP	COP	189,417	$19.7m0.54%	0.54%	Reduced -9.6k	-9,615 -4.8%
49	AMGEN INC COM AMGN	AMGN	53,423	$19.3m0.54%	0.54%	Reduced -1.4k	-1,350 -2.5%
50	AMERICAN TOWER CORP NEW COM AMT	AMT	117,405	$19.2m0.53%	0.53%	Added +591	+591 0.5%
51	PACCAR INC COM PCAR	PCAR	159,417	$19.1m0.53%	0.53%	Reduced -5.1k	-5,132 -3.1%
52	AIR PRODS & CHEMS INC COM APD	APD	64,676	$19.0m0.52%	0.52%	Reduced -905	-905 -1.4%
53	CHIPOTLE MEXICAN GRILL INC COM CMG	CMG	548,413	$18.6m0.52%	0.52%	Added +9.9k	+9,918 1.8%
54	VANGUARD INDEX FDS MID CAP ETF VO	VO	230,294	$18.6m0.51%	0.51%	Reduced -3.0k	-3,014 -1.3%
55	YUM BRANDS INC COM YUM	YUM	107,515	$17.2m0.48%	0.48%	Reduced -7.2k	-7,174 -6.3%
56	ABBVIE INC COM ABBV	ABBV	66,424	$16.7m0.46%	0.46%	Reduced -126	-126 -0.2%
57	CONSTELLATION BRANDS INC CL A STZ	STZ	116,903	$16.3m0.45%	0.45%	Reduced -3.5k	-3,546 -2.9%
58	YUM CHINA HLDGS INC COM YUMC	YUMC	390,649	$16.0m0.44%	0.44%	Reduced -17.3k	-17,340 -4.2%
59	AUTOMATIC DATA PROCESSING IN COM ADP	ADP	70,816	$15.9m0.44%	0.44%	Reduced -2.5k	-2,528 -3.5%
60	VERIZON COMMUNICATIONS INC COM VZ	VZ	369,357	$15.6m0.43%	0.43%	Reduced -30.4k	-30,420 -7.6%
61	MCKESSON CORP COM MCK	MCK	20,238	$15.3m0.42%	0.42%	Added +208	+208 1.0%
62	VISA INC COM CL A V	V	43,987	$15.1m0.42%	0.42%	Reduced -369	-369 -0.8%
63	ZOETIS INC CL A ZTS	ZTS	205,182	$14.7m0.41%	0.41%	Reduced -4.1k	-4,115 -2.0%
64	LOCKHEED MARTIN CORP COM LMT	LMT	28,396	$14.5m0.40%	0.40%	Reduced -428	-428 -1.5%
65	BURLINGTON STORES INC COM BURL	BURL	45,435	$14.4m0.40%	0.40%	Reduced -1.4k	-1,411 -3.0%
66	AT&T INC COM T	T	692,633	$14.3m0.40%	0.40%	Added +8.4k	+8,447 1.2%
67	PRICE T ROWE GROUP INC COM TROW	TROW	124,691	$14.2m0.39%	0.39%	Reduced -11.9k	-11,898 -8.7%
68	ELI LILLY & CO COM LLY	LLY	11,056	$13.3m0.37%	0.37%	Added +1.3k	+1,261 12.9%
69	NEXTERA ENERGY INC COM NEE	NEE	149,140	$13.1m0.36%	0.36%	Reduced -20.0k	-20,013 -11.8%
70	VANGUARD INTL EQUITY INDEX F ALLWRLD EX US VEU	VEU	155,619	$13.0m0.36%	0.36%	Reduced -2.7k	-2,704 -1.7%
71	LINDE PLC SHS LIN	LIN	24,787	$12.9m0.36%	0.36%	Reduced -155	-155 -0.6%
72	SCHLUMBERGER LTD COM STK SLB	SLB	276,476	$12.9m0.36%	0.36%	Added +135	+135 0.1%
73	ISHARES TR CORE MSCI EAFE IEFA	IEFA	131,186	$12.7m0.35%	0.35%	Reduced -1.7k	-1,685 -1.3%
74	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	44,944	$12.6m0.35%	0.35%	Reduced -3.4k	-3,362 -7.0%
75	EXXON MOBIL CORP COM XOM	XOM	90,000	$12.3m0.34%	0.34%	Reduced -14	-14 -0.0%
76	PHILLIPS 66 COM PSX	PSX	71,343	$12.1m0.33%	0.33%	Reduced -3.1k	-3,114 -4.2%
77	NIKE INC CL B NKE	NKE	290,918	$11.9m0.33%	0.33%	Reduced -42.4k	-42,417 -12.7%
78	AERCAP HOLDINGS NV SHS AER	AER	78,901	$11.5m0.32%	0.32%	Reduced -1.9k	-1,850 -2.3%
79	PROCTER AND GAMBLE CO COM PG	PG	74,273	$10.9m0.30%	0.30%	Reduced -4.0k	-3,964 -5.1%
80	ISHARES TR MSCI EAFE ETF EFA	EFA	102,515	$10.6m0.29%	0.29%	Reduced -11.2k	-11,217 -9.9%
81	LEIDOS HOLDINGS INC COM LDOS	LDOS	101,638	$10.5m0.29%	0.29%	Reduced -707	-707 -0.7%
82	ZIMMER BIOMET HOLDINGS INC COM ZBH	ZBH	120,058	$10.3m0.29%	0.29%	Reduced -6.9k	-6,901 -5.4%
83	ARCHER DANIELS MIDLAND CO COM ADM	ADM	127,531	$9.7m0.27%	0.27%	Reduced -11.1k	-11,119 -8.0%
84	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	78,265	$9.7m0.27%	0.27%	Added +34	+34 0.0%
85	ADOBE INC COM ADBE	ADBE	46,560	$9.5m0.26%	0.26%	Reduced -10.6k	-10,629 -18.6%
86	QNITY ELECTRONICS INC COMMON STOCK Q	Q	57,927	$9.5m0.26%	0.26%	Reduced -9.7k	-9,693 -14.3%
87	MONDELEZ INTL INC CL A MDLZ	MDLZ	160,465	$9.3m0.26%	0.26%	Reduced -3.7k	-3,653 -2.2%
88	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	18,449	$9.2m0.26%	0.26%	Reduced -14	-14 -0.1%
89	BOSTON SCIENTIFIC CORP COM BSX	BSX	212,957	$9.1m0.25%	0.25%	Added +15.8k	+15,795 8.0%
90	NETFLIX INC COM NFLX	NFLX	126,291	$9.0m0.25%	0.25%	Added +56.8k	+56,778 81.7%
91	NORFOLK SOUTHN CORP COM NSC	NSC	28,414	$8.9m0.25%	0.25%	Reduced -1.2k	-1,247 -4.2%
92	UNION PAC CORP COM UNP	UNP	32,055	$8.7m0.24%	0.24%	Reduced -951	-951 -2.9%
93	L3HARRIS TECHNOLOGIES INC COM LHX	LHX	27,881	$8.1m0.22%	0.22%	Reduced -462	-462 -1.6%
94	ISHARES INC CORE MSCI EMKT IEMG	IEMG	97,461	$8.1m0.22%	0.22%	Reduced -3.2k	-3,191 -3.2%
95	PFIZER INC COM PFE	PFE	334,402	$8.1m0.22%	0.22%	Reduced -38.6k	-38,628 -10.4%
96	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	21,091	$7.8m0.22%	0.22%	Reduced -34	-34 -0.2%
97	GE AEROSPACE COM NEW GE	GE	20,425	$7.6m0.21%	0.21%	Added +3	+3 0.0%
98	HONEYWELL INTL INC COM HON	HON	33,637	$7.5m0.21%	0.21%	New
99	HONEYWELL AEROSPACE INC COM HONA	HONA	33,650	$7.4m0.21%	0.21%	New
100	TOYOTA MOTOR CORP ADS TM	TM	44,057	$7.4m0.21%	0.21%	Reduced -1.1k	-1,077 -2.4%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
HONEYWELL INTL INC		34,060	$15.4m34.1k shares
DUPONT DE NEMOURS INC DWDP	DWDP	51,205	$7.0m51.2k shares
DOMINION ENERGY INC D	D	12,050	$745.0k12.1k shares
TRUIST FINL CORP TFC	TFC	13,123	$603.0k13.1k shares
ISHARES BITCOIN TRUST ETF IBIT	IBIT	9,490	$365.0k9.5k shares
LOWES COS INC LOW	LOW	892	$211.0k892 shares
T-MOBILE US INC TMUS	TMUS	957	$201.0k957 shares