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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 (2016Q3)
Portfolio Summary: 179 holdings with a total value of $1,354,108,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 WELLS FARGO & CO NEW 262,221 11,611,000 0.86%
52 MCKESSON CORP 69,126 11,527,000 0.85%
53 UNITED PARCEL SERVICE INC 104,361 11,413,000 0.84%
54 AUTOMATIC DATA PROCESSING IN 128,026 11,292,000 0.83%
55 FEDEX CORP 63,161 11,033,000 0.81%
56 CSX CORP 361,520 11,026,000 0.81%
57 GOLDMAN SACHS GROUP INC 68,190 10,997,000 0.81%
58 BANK AMER CORP 691,770 10,826,000 0.80%
59 CITIGROUP INC 223,967 10,578,000 0.78%
60 3M CO 55,277 9,741,000 0.72%
61 AIR PRODS & CHEMS INC 63,831 9,596,000 0.71%
62 VANGUARD INTL EQUITY INDEX F 206,358 9,375,000 0.69%
63 BLACKROCK INC 25,734 9,328,000 0.69%
64 L BRANDS INC 129,075 9,135,000 0.67%
65 CONOCOPHILLIPS 200,549 8,718,000 0.64%
66 NORFOLK SOUTHN CORP 87,312 8,475,000 0.63%
67 Alcoa 828,898 8,405,000 0.62%
68 HONEYWELL INTL INC 67,464 7,866,000 0.58%
69 PHILLIPS 66 97,318 7,839,000 0.58%
70 CAPITAL ONE FINL CORP 106,979 7,684,000 0.57%
71 MORGAN STANLEY 232,575 7,456,000 0.55%
72 TEVA PHARMACEUTICAL INDS LTD 161,484 7,430,000 0.55%
73 TOYOTA MOTOR CORP 63,719 7,395,000 0.55%
74 EXPRESS SCRIPTS HLDG CO 101,383 7,151,000 0.53%
75 ABBVIE INC 106,953 6,746,000 0.50%
76 LOCKHEED MARTIN CORP 26,641 6,386,000 0.47%
77 HARLEY DAVIDSON INC 117,259 6,167,000 0.46%
78 HERSHEY CO 62,913 6,014,000 0.44%
79 MEDTRONIC PLC 68,937 5,956,000 0.44%
80 HEWLETT PACKARD ENTERPRISE C 244,168 5,555,000 0.41%
81 BRISTOL MYERS SQUIBB CO 100,971 5,444,000 0.40%
82 PRAXAIR INC 44,504 5,377,000 0.40%
83 QUALCOMM INC 72,496 4,966,000 0.37%
84 CHIPOTLE MEXICAN GRILL INC 11,438 4,844,000 0.36%
85 COMCAST CORP NEW 71,732 4,759,000 0.35%
86 VANGUARD INTL EQUITY INDEX F 119,035 4,479,000 0.33%
87 SLM CORP COM 593,300 4,432,000 0.33%
88 UNION PAC CORP 44,710 4,361,000 0.32%
89 FORD MTR CO DEL 347,376 4,193,000 0.31%
90 ISHARES TR 31,484 3,911,000 0.29%
91 DOW CHEM CO 74,228 3,847,000 0.28%
92 HONDA MOTOR CO ADR SPONSORED 132,243 3,824,000 0.28%
93 TIME WARNER INC 45,621 3,632,000 0.27%
94 HP INC 231,692 3,598,000 0.27%
95 VANGUARD INDEX FDS 27,460 3,554,000 0.26%
96 LILLY ELI & CO 44,156 3,544,000 0.26%
97 BERKSHIRE HATHAWAY INC DEL 23,340 3,372,000 0.25%
98 TARGET CORP 48,999 3,365,000 0.25%
99 ROYAL DUTCH SHELL PLC 66,826 3,346,000 0.25%
100 BROWN FORMAN CORP CL B 67,562 3,205,000 0.24%
Page 2 of 4

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0000937589-16-000008, filed 2016.10.21).

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.