Generalist · Pittsburgh, PA
Federated Hermes
Q2 2025 · compared with Q1 2025
Filed as Federated Hermes, INC.
- Software
- $7.7B
- Weight of 13F
- 14.5%
- Names
- 171
- Net bought
- +$681M
Filed 13 August 2025 · SEC filing.
2,049 positions in the whole 13F.
Quarters on file
Each quarter on file, back to June 2016 when the filing exists. Net bought is the share change from the previous quarter at that quarter’s close. A split that leaves the dollar value in place counts as flat.
- Q2 2026157 names$7.9B+$495M
- Q1 2026166 names$7.0B+$1.3B
- Q4 2025177 names$8.1B+$2.4B
- Q3 2025179 names$7.4B−$252M
- Q2 2025171 names$7.7B+$681M
- Q1 2025164 names$5.7B+$329M
- Q4 2024151 names$5.8B+$253M
- Q3 2024149 names$5.0B−$120M
- Q2 2024146 names$4.8B+$38.3M
- Q1 2024141 names$4.8B+$366M
- Q4 2023142 names$4.1B+$266M
- Q3 2023139 names$3.1B+$479M
- Q2 2023126 names$2.8B+$181M
- Q1 2023121 names$2.3B−$25.8M
- Q4 2022117 names$2.0B−$165M
- Q3 2022114 names$2.2B+$56.9M
- Q2 2022109 names$2.5B+$866M
- Q1 2022117 names$3.7B−$377M
- Q4 2021110 names$4.8B−$525M
- Q3 2021116 names$5.4B+$157M
- Q2 2021111 names$5.1B+$1.8B
- Q1 2021115 names$4.6B−$269M
- Q4 2020109 names$5.1B−$42.3M
- Q3 2020110 names$4.4B−$1.8M
- Q2 2020109 names$3.9B−$12.9M
- Q1 202087 names$2.7B−$183M
- Q4 201986 names$3.2B−$244M
- Q3 201984 names$3.3B−$214M
- Q2 201985 names$3.6B−$56.1M
- Q1 201984 names$3.3B+$79.9M
- Q4 201882 names$2.5B−$169M
- Q3 201885 names$3.1B+$362M
- Q2 201884 names$2.3B+$127M
- Q1 201875 names$2.1B+$22.4M
- Q4 201772 names$1.8B+$3.4M
- Q3 201770 names$1.6B−$25.5M
- Q2 201766 names$1.6B+$34.4M
- Q1 201766 names$1.4B+$124M
- Q4 201664 names$1.1B+$4.3M
- Q3 201666 names$1.1B−$29.4M
- Q2 201666 names$1.1B—
What moved the book
The five software lines with the largest share change this quarter.
Software held
- MicrosoftMSFT2,634,181 shares · 17.0% of their software · price +$321M$1.3B+$73.5M
- PalantirPLTR4,614,522 shares · 8.2% of their software · price +$240M$629M+$159M
- ZscalerZS1,171,983 shares · 4.8% of their software · price +$135M$368M+$176M
- NutanixNTNX3,215,800 shares · 3.2% of their software · price +$21.3M$246M+$55.3M
- FortinetFTNT2,309,054 shares · 3.2% of their software · price +$21.8M$244M+$9.4M
- Palo Alto NetworksPANW1,128,314 shares · 3.0% of their software · price +$38.4M$231M+$17.6M
- SalesforceCRM694,543 shares · 2.5% of their software · price +$3.0M$189M+$79.7M
- ToastTOST4,024,942 shares · 2.3% of their software · price +$44.8M$178M+$49.9M
- AppLovinAPP499,002 shares · 2.3% of their software · price +$42.5M$175M+$23.6M
- ShopifySHOP1,443,505 shares · 2.2% of their software · price +$28.7M$167MFlat
- GoDaddyGDDY909,518 shares · 2.1% of their software$164M−$15.9M
- Tyler TechnologiesTYL237,134 shares · 1.8% of their software · price +$2.7M$141M+$9.0M
- DuolingoDUOL340,444 shares · 1.8% of their software · price +$33.9M$140M+$27.7M
- HubSpotHUBS249,794 shares · 1.8% of their software · price −$3.7M$139M+$30.4M
- PaycomPAYC572,734 shares · 1.7% of their software · price +$7.4M$133M+$20.8M
- ServiceNowNOW128,685 shares · 1.7% of their software · price +$29.8M$132M−$30.2M
- VeevaVEEV440,842 shares · 1.7% of their software · price +$24.8M$127M+$12.5M
- AdobeADBE315,133 shares · 1.6% of their software · price +$1.1M$122M+$46.6M
- GuidewireGWRE502,084 shares · 1.5% of their software · price +$24.1M$118M+$12.6M
- CoStarCSGP1,470,344 shares · 1.5% of their software · price +$1.7M$118MFlat
- Uber Technologies, Inc.UBER1,238,951 shares · 1.5% of their software · price +$25.3M$116M+$41.2M
- Rubrik, Inc.RBRK1,208,292 shares · 1.4% of their software · price +$34.6M$108M−$18.8M
- CloudflareNET527,134 shares · 1.3% of their software · price +$43.8M$103M+$37.9M
- UiPathPATH8,048,321 shares · 1.3% of their software · price +$20.1M$103M+$24.0M
- KlaviyoKVYO2,911,007 shares · 1.3% of their software · price +$9.7M$97.8M+$7.3M
- CrowdStrikeCRWD188,156 shares · 1.2% of their software · price +$29.5M$95.8M−$26.6M
- NetApp, Inc.NTAP893,832 shares · 1.2% of their software · price +$16.7M$95.2M−$17.8M
- Sportradar Group AGSRAD3,295,265 shares · 1.2% of their software · price +$21.3M$92.5M−$6.0M
- ElasticESTC983,732 shares · 1.1% of their software · price −$4.7M$83.0M+$8.9M
- VeriskVRSK265,579 shares · 1.1% of their software · price +$3.7M$82.7M+$29.0M
- SnowflakeSNOW359,626 shares · 1.0% of their software · price +$27.9M$80.5M+$14.5M
- Q2QTWO747,145 shares · 0.9% of their software · price +$10.1M$69.9MFlat
- Grab Holdings LimitedGRAB13,444,746 shares · 0.9% of their software · price +$6.7M$67.6M+$5.0M
- DatadogDDOG462,771 shares · 0.8% of their software · price +$16.3M$62.2M−$57.6M
- BILLBILL1,303,473 shares · 0.8% of their software$60.3M+$29.3M
- WEX Inc.WEX402,123 shares · 0.8% of their software · price −$4.1M$59.1M+$3.9M
- WixWIX355,573 shares · 0.7% of their software · price −$1.7M$56.3M+$19.1M
- PTCPTC326,632 shares · 0.7% of their software · price +$5.7M$56.3M−$19.8M
- SentinelOneS3,059,241 shares · 0.7% of their software$55.9M−$8.8M
- DynatraceDT994,825 shares · 0.7% of their software · price +$8.0M$54.9M+$16.5M
- CommvaultCVLT293,457 shares · 0.7% of their software · price +$4.9M$51.2M+$39.0M
- F5, Inc.FFIV160,499 shares · 0.6% of their software · price +$4.5M$47.2M+$11.3M
- OracleORCL193,224 shares · 0.5% of their software · price +$15.2M$42.2M+$15.6M
- Fair IsaacFICO18,694 shares · 0.4% of their software$34.2M+$11.9M
- SamsaraIOT858,266 shares · 0.4% of their software · price +$1.2M$34.1M+$5.1M
- WaystarWAY801,718 shares · 0.4% of their software · price +$2.8M$32.8M+$5.9M
- GitLabGTLB721,714 shares · 0.4% of their software · price −$1.4M$32.6M+$6.1M
- Lyft, Inc.LYFT1,919,086 shares · 0.4% of their software · price +$7.5M$30.2M+$4.3M
- Bentley SystemsBSY519,005 shares · 0.4% of their software · price +$7.6M$28.0M+$4.5M
- Chime Financial, Inc.CHYM777,107 shares · 0.3% of their software$26.8MNew · +$26.8M
- DoubleVerifyDV1,648,952 shares · 0.3% of their software · price +$2.6M$24.7MFlat
- Life360, Inc.LIF371,461 shares · 0.3% of their software · price +$10.0M$24.2M+$12.4M
- StoneCo Ltd.STNE1,501,896 shares · 0.3% of their software · price +$8.4M$24.1M+$3.3M
- OktaOKTA227,110 shares · 0.3% of their software · price −$1.2M$22.7M+$11.7M
- BrazeBRZE803,325 shares · 0.3% of their software · price −$6.4M$22.6MFlat
- WorkdayWDAY93,870 shares · 0.3% of their software · price +$607K$22.5M−$15.0M
- Grindr Inc.GRND978,287 shares · 0.3% of their software · price +$4.7M$22.2M+$1.4M
- The Trade DeskTTD308,408 shares · 0.3% of their software · price +$5.3M$22.2M−$5.6M
- Automatic Data Processing, Inc.ADP71,909 shares · 0.3% of their software$22.2M+$738K
- Five9FIVN830,230 shares · 0.3% of their software · price −$556K$22.0M+$22.5M
- ProcorePCOR304,219 shares · 0.3% of their software · price +$730K$20.8M+$2.9M
- VertexVERX573,365 shares · 0.3% of their software$20.3MFlat
- IntuitINTU24,874 shares · 0.3% of their software · price +$4.3M$19.6M−$9.1M
- BroadridgeBR73,377 shares · 0.2% of their software$17.8M+$7.3M
- ZoomZM222,926 shares · 0.2% of their software · price +$939K$17.4M−$29.9M
- PegasystemsPEGA291,785 shares · 0.2% of their software · price −$4.5M$15.8M+$7.4M
- SoundThinking, Inc.SSTI1,204,000 shares · 0.2% of their software · price −$4.7M$15.7M−$525K
- AtlassianTEAM73,760 shares · 0.2% of their software · price −$673K$15.0M−$1.6M
- SPS CommerceSPSC106,875 shares · 0.2% of their software$14.5MFlat
- Sprout SocialSPT687,234 shares · 0.2% of their software · price −$742K$14.4M+$9.8M
- InterDigital, Inc.IDCC64,034 shares · 0.2% of their software · price +$1.1M$14.4MFlat
- SprinklrCXM1,510,162 shares · 0.2% of their software$12.8M−$1.4M
- YextYEXT1,489,397 shares · 0.2% of their software · price +$3.5M$12.7M−$5.8M
- AvePointAVPT654,772 shares · 0.2% of their software · price +$3.2M$12.6M−$3.6M
- SAPSAP41,070 shares · 0.2% of their software · price +$1.5M$12.5M−$3.0M
- MNTN, Inc.MNTN525,000 shares · 0.1% of their software$11.5MNew · +$11.5M
- DoximityDOCS186,986 shares · 0.1% of their software · price +$619K$11.5M−$5.2M
- AutodeskADSK32,241 shares · 0.1% of their software · price +$1.5M$10.0M+$565K
- QualysQLYS69,053 shares · 0.1% of their software · price +$1.2M$9.9MFlat
- CourseraCOUR1,083,722 shares · 0.1% of their software · price +$2.3M$9.5MFlat
- Full Truck Alliance Co. Ltd.YMM795,760 shares · 0.1% of their software · price −$764K$9.4M−$5.5M
- Intapp, Inc.INTA178,552 shares · 0.1% of their software · price −$1.2M$9.2MFlat
- Pagaya Technologies Ltd.PGY426,107 shares · 0.1% of their software · price +$4.6M$9.1MNew · +$4.5M
- DocuSignDOCU114,695 shares · 0.1% of their software$8.9M−$13.4M
- Clear Secure, Inc.YOU306,924 shares · 0.1% of their software · price +$568K$8.5M−$6.7M
- C3.aiAI324,592 shares · 0.1% of their software · price +$1.1M$8.0M−$1.4M
- TwilioTWLO58,717 shares · 0.1% of their software · price +$1.6M$7.3MFlat
- ZoomInfoZI631,570 shares · 0.1% of their software$6.4M—
- LiveRamp Holdings, Inc.RAMP147,248 shares · 0.1% of their software · price +$1.0M$4.9M−$7.2M
- Fiserv, Inc.FISV27,765 shares · 0.1% of their software · price −$1.3M$4.8M−$10.3M
- FlywireFLYW367,012 shares · 0.1% of their software · price +$807K$4.3M−$8.2M
- Paychex, Inc.PAYX28,608 shares · 0.1% of their software$4.2M−$211M
- VaronisVRNS81,223 shares · 0.1% of their software · price +$837K$4.1MFlat
- NetScout Systems, Inc.NTCT161,368 shares · 0.1% of their software · price +$613K$4.0MFlat
- DropboxDBX117,852 shares · 0.0% of their software$3.4M+$2.5M
- NCR Atleos CorporationNATL115,565 shares · 0.0% of their software$3.3MFlat
- CadenceCDNS10,648 shares · 0.0% of their software · price +$573K$3.3M−$6.8M
- Cerence Inc.CRNC285,519 shares · 0.0% of their software · price +$660K$2.9MFlat
- PagerDutyPD156,058 shares · 0.0% of their software$2.4M+$2.5M
- BlackLineBL40,980 shares · 0.0% of their software$2.3M−$1.4M
- Upbound Group, Inc.UPBD91,234 shares · 0.0% of their software$2.3M−$5.1M
- Manhattan AssociatesMANH11,203 shares · 0.0% of their software$2.2MFlat
- ePlus inc.PLUS29,719 shares · 0.0% of their software$2.1MNew · +$1.8M
- NICENICE11,500 shares · 0.0% of their software$1.9MFlat
- i3 Verticals, Inc.IIIV70,587 shares · 0.0% of their software$1.9MFlat
- Payoneer Global Inc.PAYO237,526 shares · 0.0% of their software$1.6M+$1.4M
- TenableTENB45,928 shares · 0.0% of their software$1.6M−$1.6M
- Dave Inc.DAVE5,076 shares · 0.0% of their software · price +$943K$1.4MFlat
- SemrushSEMR133,024 shares · 0.0% of their software$1.2M—
- 8x8EGHT605,603 shares · 0.0% of their software$1.2M—
- Roper Technologies, Inc.ROP2,050 shares · 0.0% of their software$1.2M−$1.5M
- Simulations PlusSLP66,459 shares · 0.0% of their software$1.2M+$1.4M
- Rackspace Technology, Inc.RXT795,067 shares · 0.0% of their software$1.0MFlat
- A10 Networks, Inc.ATEN46,022 shares · 0.0% of their software$891KFlat
- FreshworksFRSH58,377 shares · 0.0% of their software$870KFlat
- PaylocityPCTY4,770 shares · 0.0% of their software$864KFlat
- Silvaco Group, Inc.SVCO180,000 shares · 0.0% of their software$850KFlat
- Clearwater AnalyticsCWAN35,611 shares · 0.0% of their software$781K—
- Viant Technology Inc.DSP57,884 shares · 0.0% of their software$766KFlat
- RingCentralRNG26,054 shares · 0.0% of their software$739KFlat
- MorningstarMORN2,048 shares · 0.0% of their software$643KFlat
- PDF Solutions, Inc.PDFS29,735 shares · 0.0% of their software$636KFlat
- BlackbaudBLKB9,837 shares · 0.0% of their software$632K−$522K
- Joint Stock Company Kaspi.kzKSPI6,345 shares · 0.0% of their software$539KFlat
- TeradataTDC23,486 shares · 0.0% of their software$524KFlat
- Shift4 Payments, Inc.FOUR4,859 shares · 0.0% of their software$482KFlat
- VeriSign, Inc.VRSN1,642 shares · 0.0% of their software$474KFlat
- AsanaASAN32,748 shares · 0.0% of their software$442KFlat
- Expensify, Inc.EXFY162,984 shares · 0.0% of their software$422KFlat
- Strategy IncMSTR979 shares · 0.0% of their software$396KNew · Flat
- AppFolioAPPF1,685 shares · 0.0% of their software$388K−$2.2M
- Euronet Worldwide, Inc.EEFT3,795 shares · 0.0% of their software$385KFlat
- SimilarwebSMWB48,000 shares · 0.0% of their software$376KFlat
- Yuanbao Inc.YB17,600 shares · 0.0% of their software$370KNew · Flat
- SynopsysSNPS440 shares · 0.0% of their software$226KFlat
- Consensus Cloud Solutions, Inc.CCSI9,460 shares · 0.0% of their software$218KFlat
- Telos CorporationTLS66,000 shares · 0.0% of their software$209KFlat
- Remitly Global, Inc.RELY6,999 shares · 0.0% of their software$131KFlat
- DescartesDSGX1,246 shares · 0.0% of their software$127KFlat
- SchrödingerSDGR6,000 shares · 0.0% of their software$121KFlat
- Corpay, Inc.CPAY308 shares · 0.0% of their software$102KFlat
- FactSetFDS165 shares · 0.0% of their software$74KFlat
- Gen DigitalGEN2,375 shares · 0.0% of their software$70KFlat
- Block, Inc.XYZ784 shares · 0.0% of their software$53K−$21.7M
- AkamaiAKAM636 shares · 0.0% of their software$51KFlat
- Red Violet, Inc.RDVT583 shares · 0.0% of their software$29KFlat
- Kaltura, Inc.KLTR12,896 shares · 0.0% of their software$26KFlat
- Xperi Inc.XPER2,885 shares · 0.0% of their software$23KNew · Flat
- EverCommerceEVCM1,409 shares · 0.0% of their software$15KNew · Flat
- FastlyFSLY2,082 shares · 0.0% of their software$15K−$1.3M
- Alarm.com Holdings, Inc.ALRM234 shares · 0.0% of their software$13KFlat
- UnityU523 shares · 0.0% of their software$13KFlat
- Paysafe LimitedPSFE911 shares · 0.0% of their software$11K−$721K
- Priority Technology Holdings, Inc.PRTH1,119 shares · 0.0% of their software$9KFlat
- Ooma, Inc.OOMA663 shares · 0.0% of their software$9KFlat
- DomoDOMO605 shares · 0.0% of their software$8KNew
- AlkamiALKT275 shares · 0.0% of their software$8K−$4.3M
- Ibotta, Inc.IBTA224 shares · 0.0% of their software$8KFlat
- MongoDBMDB36 shares · 0.0% of their software$8K−$1.8M
- ACI WorldwideACIW159 shares · 0.0% of their software$7KFlat
- VirTra, Inc.VTSI969 shares · 0.0% of their software$7KFlat
- Rimini Street, Inc.RMNI1,457 shares · 0.0% of their software$5KFlat
- Mitek Systems, Inc.MITK314 shares · 0.0% of their software$3KNew · Flat
- CS Disco, Inc.LAW646 shares · 0.0% of their software$3KNew · Flat
- AudioEye, Inc.AEYE150 shares · 0.0% of their software$2KFlat
- Freightos LimitedCRGO421 shares · 0.0% of their software$1KFlat
- SoundHound AI, Inc.SOUN90 shares · 0.0% of their software$966Flat
- Bandwidth Inc.BAND43 shares · 0.0% of their software$684New · Flat
- Rapid7RPD22 shares · 0.0% of their software$509New · Flat
- BoxBOX13 shares · 0.0% of their software$444Flat
- WorkivaWK5 shares · 0.0% of their software$342−$1.8M