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Institutional Investment Manager
HERITAGE INVESTORS MANAGEMENT CORP
HERITAGE INVESTORS MANAGEMENT CORP (CIK: 0000937589) incorporated in District of Columbia, located at 7101 Wisconsin Avenue Ste 950, Bethesda, MD. Institutional holdings reported to the SEC.

Institutional Holdings (2015Q2)
Portfolio Summary: 182 holdings with a total value of $1,301,720,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 MCKESSON CORP 51,580 11,596,000 0.89%
52 CITIGROUPINC 209,377 11,566,000 0.89%
53 BANK AMER CORP 663,169 11,287,000 0.87%
54 AUTOMATIC DATA PROCESSING IN 138,783 11,135,000 0.86%
55 DU PONT E I DE NEMOURS & CO 173,192 11,076,000 0.85%
56 ZIMMER BIOMET HLDGS INC 101,304 11,065,000 0.85%
57 UNITED PARCEL SERVICE INC 111,521 10,808,000 0.83%
58 CSX CORP 329,299 10,752,000 0.83%
59 VANGUARD INTL EQUITY INDEX F 213,888 10,384,000 0.80%
60 CONOCOPHILLIPS 165,452 10,160,000 0.78%
61 3M CO 63,986 9,873,000 0.76%
62 Alcoa 827,564 9,227,000 0.71%
63 AIR PRODS & CHEMS INC 67,009 9,169,000 0.70%
64 FEDEX CORP 53,558 9,126,000 0.70%
65 TEVA PHARMACEUTICAL INDS LTD 148,130 8,754,000 0.67%
66 CAPITAL ONE FINL CORP 98,684 8,681,000 0.67%
67 MORGAN STANLEY 220,582 8,556,000 0.66%
68 HONEYWELL INTL INC 73,672 7,512,000 0.58%
69 L BRANDS INC 87,309 7,485,000 0.58%
70 Hewlett Packard Co 246,293 7,391,000 0.57%
71 NORFOLK SOUTHERN CORP 83,472 7,292,000 0.56%
72 BRISTOL MYERS SQUIBB CO 108,463 7,217,000 0.55%
73 PHILLIPS 66 89,385 7,201,000 0.55%
74 TOYOTA MOTOR CORP 53,631 7,173,000 0.55%
75 EXPRESS SCRIPTS HLDG CO 77,454 6,889,000 0.53%
76 VANGUARD INTL EQUITY INDEX F 166,940 6,825,000 0.52%
77 HARLEY DAVIDSON INC 118,899 6,700,000 0.51%
78 LOCKHEED MARTIN CORP 33,173 6,167,000 0.47%
79 ABBVIE INC 86,281 5,797,000 0.45%
80 SLM CORP 558,284 5,510,000 0.42%
81 BAXTER INTL INC 74,912 5,239,000 0.40%
82 QUALCOMM INC 83,006 5,199,000 0.40%
83 MEDTRONIC PLC 68,653 5,087,000 0.39%
84 PRAXAIR INC 40,241 4,811,000 0.37%
85 DOW CHEM CO 93,020 4,760,000 0.37%
86 GAP 122,565 4,678,000 0.36%
87 HERSHEY CO 51,522 4,577,000 0.35%
88 ROYAL DUTCH SHELL PLC 79,601 4,538,000 0.35%
89 FORD MTR CO DEL 295,932 4,442,000 0.34%
90 HONDA MOTOR LTD 132,811 4,303,000 0.33%
91 COMCAST CORP NEW 71,509 4,301,000 0.33%
92 TIME WARNER INC 48,608 4,249,000 0.33%
93 NAVIENT 232,046 4,226,000 0.32%
94 TARGET CORP 51,429 4,198,000 0.32%
95 LILLY ELI & CO 46,004 3,841,000 0.30%
96 BLACKROCK INC 11,080 3,833,000 0.29%
97 ISHARES TR 30,414 3,797,000 0.29%
98 VANGUARD INDEX FDS 27,395 3,491,000 0.27%
99 BROWN FORMAN CORP 33,683 3,374,000 0.26%
100 BERKSHIRE HATHAWAY INC DEL 24,667 3,357,000 0.26%
Page 2 of 4

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0000937589-15-000003, filed 2015.07.20).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.