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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 (2015Q3)
Portfolio Summary: 175 holdings with a total value of $1,206,877,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 SPDR DOW JONES INDL AVRG ETF 5,460 888,000 0.07%
52 WESTERN UN CO 50,468 927,000 0.08%
53 SPDR S&P 500 ETF TR 4,850 929,000 0.08%
54 STATE STR CORP 13,840 930,000 0.08%
55 ISHARES TR 6,175 961,000 0.08%
56 DISCOVER FINL SVCS 18,954 985,000 0.08%
57 CDK GLOBAL INC 21,504 1,027,000 0.09%
58 CABLE ONE INC 2,513 1,054,000 0.09%
59 BOSTON SCIENTIFIC CORP 65,479 1,075,000 0.09%
60 CHEMOURS CO 167,965 1,087,000 0.09%
61 MACYS INC 21,493 1,103,000 0.09%
62 BP PLC 36,890 1,127,000 0.09%
63 ACCENTURE PLC IRELAND 11,558 1,136,000 0.09%
64 ABBOTT LABS 28,755 1,157,000 0.10%
65 VISA INC 17,726 1,235,000 0.10%
66 ISHARES TR 37,838 1,240,000 0.10%
67 GRAHAM HLDGS CO 2,442 1,409,000 0.12%
68 GENERAL MTRS CO 50,791 1,525,000 0.13%
69 DANAHER CORP DEL 18,619 1,587,000 0.13%
70 RAYTHEON CO 17,593 1,922,000 0.16%
71 BAXTER INTL INC 69,812 2,293,000 0.19%
72 EAGLE BANCORP INC MD 52,018 2,367,000 0.20%
73 BAXALTA INC COM 76,882 2,423,000 0.20%
74 MEAD JOHNSON NUTRITI 34,595 2,436,000 0.20%
75 DUKE ENERGY CORP NEW 35,271 2,537,000 0.21%
76 NAVIENT 230,776 2,594,000 0.21%
77 BROWN FORMAN CORP 32,747 3,173,000 0.26%
78 BERKSHIRE HATHAWAY INC DEL 24,567 3,204,000 0.27%
79 VANGUARD INDEX FDS 28,130 3,282,000 0.27%
80 ISHARES TR 30,564 3,338,000 0.28%
81 TIME WARNER INC 48,548 3,338,000 0.28%
82 ROYAL DUTCH SHELL PLC 72,366 3,429,000 0.28%
83 UNION PAC CORP 39,769 3,516,000 0.29%
84 GAP 123,998 3,534,000 0.29%
85 LILLY ELI & CO 44,964 3,763,000 0.31%
86 HONDA MOTOR LTD 132,321 3,956,000 0.33%
87 DOW CHEM CO 93,445 3,962,000 0.33%
88 COMCAST CORP NEW 71,034 4,040,000 0.33%
89 TARGET CORP 51,633 4,061,000 0.34%
90 PRAXAIR INC 41,071 4,183,000 0.35%
91 QUALCOMM INC 80,915 4,348,000 0.36%
92 SLM CORP 603,832 4,468,000 0.37%
93 FORD MTR CO DEL 342,022 4,641,000 0.38%
94 ABBVIE INC 91,281 4,967,000 0.41%
95 MEDTRONIC PLC 75,276 5,039,000 0.42%
96 VANGUARD INTL EQUITY INDEX F 154,753 5,121,000 0.42%
97 BLACKROCK INC 17,563 5,224,000 0.43%
98 HERSHEY CO 59,668 5,482,000 0.45%
99 TOYOTA MOTOR CORP 53,866 6,317,000 0.52%
100 BRISTOL MYERS SQUIBB CO 107,236 6,348,000 0.53%
Page 2 of 4

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0000937589-15-000004, filed 2015.10.13).

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.