HERITAGE INVESTORS MANAGEMENT CORP
•CIK: 937589•Filing: Q4 2025
Heritage Investors Management Corp, with $3.4 billion in assets under management, is known for its concentrated, high-conviction strategy, currently holding 245 positions. Recently, the fund has made notable shifts by adding Netflix and Teva Pharmaceuticals, while significantly cutting positions in MIGA and AFW, reflecting a focus on tech and healthcare sectors.
Total AUM
$3.4B
QoQ Performance
+2.6%
Positions
219
Top 10 Concentration
34.1%
Latest Filing
Q4 2025
Top Holdings Allocation
AAPL
AVGO
AAPL5.6%
AVGO5.2%
MSFT4.1%
GOOGL3.6%
GOOG3.4%
PANW3.0%
NVDA2.7%
AMZN2.2%
📈 Biggest Buys
📉 Biggest Sells
Sector Breakdown
Technology30.5%
Other27.3%
Financial11.8%
Consumer10.1%
Industrial6.5%
Healthcare6.0%
Communication2.3%
Consumer Staples1.5%
🚪 Exited Positionssold since Q3 2025
+49 more exited positions
Changes from Q3 2025
NEW3 new positions
↑40 increased
↓131 decreased
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023