Generalist · Pittsburgh, PA
Federated Hermes
Q3 2025 · compared with Q2 2025
Filed as Federated Hermes, INC.
- Software
- $7.4B
- Weight of 13F
- 13.1%
- Names
- 179
- Net bought
- −$252M
Filed 3 November 2025 · SEC filing.
2,110 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
- MicrosoftMSFT2,707,184 shares · 18.9% of their software · price +$55.6M$1.4B+$36.3M
- ZscalerZS1,281,671 shares · 5.2% of their software · price −$18.3M$384M+$34.4M
- AdobeADBE898,408 shares · 4.3% of their software · price −$30.7M$317M+$226M
- SalesforceCRM1,287,130 shares · 4.1% of their software · price −$45.9M$305M+$162M
- NutanixNTNX3,559,876 shares · 3.6% of their software · price −$7.3M$265M+$26.3M
- PalantirPLTR1,307,111 shares · 3.2% of their software · price +$60.3M$238M−$451M
- ShopifySHOP1,425,096 shares · 2.9% of their software · price +$47.4M$212M−$2.1M
- VeevaVEEV685,261 shares · 2.8% of their software · price +$6.8M$204M+$70.4M
- Rubrik, Inc.RBRK2,437,768 shares · 2.7% of their software · price −$17.9M$201M+$110M
- CloudflareNET862,009 shares · 2.5% of their software · price +$16.2M$185M+$65.6M
- Uber Technologies, Inc.UBER1,504,594 shares · 2.0% of their software · price +$7.0M$147M+$24.8M
- CrowdStrikeCRWD294,134 shares · 1.9% of their software · price −$5.6M$144M+$54.0M
- ToastTOST3,526,694 shares · 1.7% of their software · price −$27.4M$129M−$22.1M
- ServiceNowNOW139,707 shares · 1.7% of their software · price −$15.1M$129M+$11.3M
- CoStarCSGP1,463,345 shares · 1.7% of their software · price +$5.8M$123MFlat
- Tyler TechnologiesTYL232,226 shares · 1.6% of their software · price −$16.2M$121M−$2.9M
- HubSpotHUBS248,625 shares · 1.6% of their software · price −$22.1M$116MFlat
- GoDaddyGDDY844,794 shares · 1.6% of their software · price −$36.5M$116M−$11.7M
- PaycomPAYC554,163 shares · 1.6% of their software · price −$12.9M$115M−$4.3M
- Palo Alto NetworksPANW560,561 shares · 1.5% of their software · price −$572K$114M−$116M
- GuidewireGWRE496,320 shares · 1.5% of their software · price −$2.8M$114M−$1.4M
- UiPathPATH7,427,722 shares · 1.3% of their software · price +$4.3M$99.4M−$7.9M
- DatadogDDOG694,470 shares · 1.3% of their software · price +$5.6M$98.9M+$31.1M
- MongoDBMDB307,613 shares · 1.3% of their software · price +$30.9M$95.5M+$64.6M
- SnowflakeSNOW408,037 shares · 1.2% of their software · price +$726K$92.0M+$10.8M
- Sportradar Group AGSRAD3,138,525 shares · 1.1% of their software · price −$3.7M$84.4M−$4.4M
- NetApp, Inc.NTAP705,356 shares · 1.1% of their software · price +$8.4M$83.6M−$20.1M
- OracleORCL291,312 shares · 1.1% of their software · price +$18.2M$81.9M+$21.4M
- KlaviyoKVYO2,910,192 shares · 1.1% of their software · price −$17.1M$80.6MFlat
- ElasticESTC846,218 shares · 1.0% of their software$71.5M−$11.6M
- AppLovinAPP97,662 shares · 0.9% of their software · price +$36.0M$70.2M−$141M
- VeriskVRSK270,255 shares · 0.9% of their software · price −$16.2M$68.0M+$1.5M
- F5, Inc.FFIV208,987 shares · 0.9% of their software · price +$6.0M$67.5M+$14.3M
- PTCPTC332,137 shares · 0.9% of their software · price +$10.2M$67.4M+$949K
- Grab Holdings LimitedGRAB11,117,668 shares · 0.9% of their software · price +$11.0M$66.9M−$11.7M
- WixWIX355,480 shares · 0.9% of their software · price +$6.8M$63.1MFlat
- WEX Inc.WEX392,280 shares · 0.8% of their software · price +$4.2M$61.8M−$1.4M
- CommvaultCVLT322,053 shares · 0.8% of their software · price +$4.7M$60.8M+$5.0M
- Q2QTWO788,374 shares · 0.8% of their software · price −$16.7M$57.1M+$3.9M
- DuolingoDUOL165,839 shares · 0.7% of their software · price −$14.6M$53.4M−$71.6M
- DynatraceDT1,009,306 shares · 0.7% of their software · price −$6.8M$48.9M+$799K
- Life360, Inc.LIF446,744 shares · 0.6% of their software · price +$18.3M$47.5M+$4.9M
- SentinelOneS2,501,173 shares · 0.6% of their software · price −$1.7M$44.0M−$10.2M
- WaystarWAY873,992 shares · 0.4% of their software · price −$2.6M$33.1M+$3.0M
- StoneCo Ltd.STNE1,747,289 shares · 0.4% of their software · price +$5.0M$33.0M+$3.9M
- SamsaraIOT862,024 shares · 0.4% of their software · price −$2.2M$32.1MFlat
- FortinetFTNT366,191 shares · 0.4% of their software · price −$7.9M$30.8M−$205M
- Bentley SystemsBSY574,945 shares · 0.4% of their software · price −$1.4M$29.6M+$3.0M
- Fair IsaacFICO19,315 shares · 0.4% of their software · price −$6.4M$28.9M+$1.1M
- IntuitINTU40,214 shares · 0.4% of their software · price −$4.2M$27.5M+$12.1M
- OktaOKTA269,505 shares · 0.3% of their software · price −$2.2M$24.7M+$4.2M
- BrazeBRZE803,342 shares · 0.3% of their software$22.8MFlat
- InterDigital, Inc.IDCC61,652 shares · 0.3% of their software · price +$7.5M$21.3M−$534K
- ZoomZM252,607 shares · 0.3% of their software · price +$1.1M$20.8M+$2.3M
- Five9FIVN843,759 shares · 0.3% of their software · price −$1.9M$20.4MFlat
- The Trade DeskTTD412,838 shares · 0.3% of their software · price −$9.5M$20.2M+$7.5M
- DoubleVerifyDV1,578,053 shares · 0.3% of their software · price −$4.7M$18.9M−$1.1M
- Netskope, Inc.NTSK800,000 shares · 0.2% of their software$18.2MNew · +$18.2M
- Pagaya Technologies Ltd.PGY600,140 shares · 0.2% of their software · price +$5.0M$17.8M+$3.7M
- PegasystemsPEGA303,483 shares · 0.2% of their software · price +$1.0M$17.5M+$633K
- Chime Financial, Inc.CHYM863,700 shares · 0.2% of their software · price −$12.4M$17.4M+$3.0M
- DocuSignDOCU230,524 shares · 0.2% of their software · price −$1.3M$16.6M+$9.0M
- Lyft, Inc.LYFT701,242 shares · 0.2% of their software · price +$4.4M$15.4M−$19.2M
- AutodeskADSK41,815 shares · 0.2% of their software$13.3M+$3.0M
- YextYEXT1,453,949 shares · 0.2% of their software$12.4MFlat
- BILLBILL232,462 shares · 0.2% of their software · price +$1.6M$12.3M−$49.5M
- BroadridgeBR51,030 shares · 0.2% of their software$12.2M−$5.4M
- SoundThinking, Inc.SSTI1,000,000 shares · 0.2% of their software · price −$995K$12.1M−$2.7M
- MNTN, Inc.MNTN650,000 shares · 0.2% of their software · price −$2.2M$12.1M+$2.7M
- SprinklrCXM1,537,129 shares · 0.2% of their software · price −$1.1M$11.9MFlat
- QualysQLYS87,217 shares · 0.2% of their software · price −$919K$11.5M+$2.6M
- CourseraCOUR980,795 shares · 0.2% of their software · price +$2.9M$11.5M−$902K
- AvePointAVPT737,787 shares · 0.1% of their software · price −$3.2M$11.1M+$1.6M
- VaronisVRNS189,587 shares · 0.1% of their software · price +$1.3M$10.9M+$5.5M
- Via Transportation, Inc.VIA200,000 shares · 0.1% of their software$9.6MNew · +$9.6M
- Sprout SocialSPT695,631 shares · 0.1% of their software · price −$5.6M$9.0MFlat
- DigitalOceanDOCN250,308 shares · 0.1% of their software · price +$1.4M$8.6MNew · +$7.1M
- SAPSAP29,086 shares · 0.1% of their software · price −$1.1M$7.8M−$3.6M
- Full Truck Alliance Co. Ltd.YMM593,624 shares · 0.1% of their software · price +$689K$7.7M−$2.4M
- Paychex, Inc.PAYX56,806 shares · 0.1% of their software · price −$1.1M$7.2M+$4.1M
- BlackLineBL134,524 shares · 0.1% of their software$7.1M+$5.3M
- Calix, Inc.CALX115,536 shares · 0.1% of their software · price +$945K$7.1MNew · +$6.1M
- ZoomInfoZI646,513 shares · 0.1% of their software$7.1M—
- TwilioTWLO70,294 shares · 0.1% of their software · price −$1.7M$7.0M+$1.4M
- JFrogFROG141,500 shares · 0.1% of their software$6.7MNew · +$6.2M
- FreshworksFRSH512,204 shares · 0.1% of their software · price −$1.6M$6.0M+$6.8M
- Clear Secure, Inc.YOU169,596 shares · 0.1% of their software · price +$953K$5.7M−$3.8M
- AsanaASAN413,331 shares · 0.1% of their software$5.5M+$5.1M
- NCR Atleos CorporationNATL123,346 shares · 0.1% of their software · price +$1.3M$4.8MFlat
- NetScout Systems, Inc.NTCT162,872 shares · 0.1% of their software$4.2MFlat
- Cerence Inc.CRNC336,408 shares · 0.1% of their software · price +$757K$4.2M+$520K
- Grindr Inc.GRND276,129 shares · 0.1% of their software · price −$2.1M$4.1M−$15.9M
- Figma, Inc.FIG70,000 shares · 0.0% of their software$3.6MNew · +$3.6M
- LiveRamp Holdings, Inc.RAMP124,708 shares · 0.0% of their software · price −$736K$3.4M−$745K
- Automatic Data Processing, Inc.ADP11,234 shares · 0.0% of their software$3.3M−$18.7M
- PagerDutyPD191,351 shares · 0.0% of their software$3.2M+$539K
- WorkdayWDAY12,436 shares · 0.0% of their software$3.0M−$19.5M
- NICENICE18,500 shares · 0.0% of their software$2.7M+$1.2M
- DoximityDOCS35,458 shares · 0.0% of their software$2.6M−$9.3M
- VertexVERX101,360 shares · 0.0% of their software · price −$1.1M$2.5M−$16.7M
- ePlus inc.PLUS29,827 shares · 0.0% of their software$2.1MFlat
- Simulations PlusSLP126,742 shares · 0.0% of their software$1.9M+$1.1M
- FlywireFLYW128,047 shares · 0.0% of their software$1.7M−$2.8M
- Upbound Group, Inc.UPBD70,477 shares · 0.0% of their software$1.7M−$521K
- i3 Verticals, Inc.IIIV44,113 shares · 0.0% of their software$1.4M−$728K
- TenableTENB48,474 shares · 0.0% of their software$1.4MFlat
- Payoneer Global Inc.PAYO222,143 shares · 0.0% of their software$1.3MFlat
- Gen DigitalGEN43,144 shares · 0.0% of their software$1.2M+$1.2M
- ProcorePCOR16,426 shares · 0.0% of their software$1.2M−$19.7M
- Aeva Technologies, Inc.AEVA80,916 shares · 0.0% of their software · price −$1.9M$1.2MNew · +$3.1M
- Manhattan AssociatesMANH5,406 shares · 0.0% of their software$1.1M−$1.1M
- Fiserv, Inc.FISV8,552 shares · 0.0% of their software$1.1M−$3.3M
- 8x8EGHT507,045 shares · 0.0% of their software$1.1M—
- Silvaco Group, Inc.SVCO180,000 shares · 0.0% of their software$974KFlat
- Rackspace Technology, Inc.RXT689,723 shares · 0.0% of their software$973KFlat
- A10 Networks, Inc.ATEN46,178 shares · 0.0% of their software$838KFlat
- PaylocityPCTY4,848 shares · 0.0% of their software$772KFlat
- RingCentralRNG26,094 shares · 0.0% of their software$740KFlat
- GitLabGTLB15,510 shares · 0.0% of their software$699K−$31.9M
- BlackbaudBLKB9,676 shares · 0.0% of their software$622KFlat
- Viant Technology Inc.DSP68,044 shares · 0.0% of their software$587KFlat
- AppFolioAPPF2,128 shares · 0.0% of their software$586KFlat
- ACI WorldwideACIW11,001 shares · 0.0% of their software$581KFlat
- DropboxDBX17,221 shares · 0.0% of their software$520K−$2.9M
- Joint Stock Company Kaspi.kzKSPI6,345 shares · 0.0% of their software$518KFlat
- MorningstarMORN2,185 shares · 0.0% of their software$507KFlat
- MagniteMGNI23,100 shares · 0.0% of their software$503KNew · +$557K
- SemrushSEMR65,181 shares · 0.0% of their software$461K—
- VeriSign, Inc.VRSN1,614 shares · 0.0% of their software$451KFlat
- CadenceCDNS1,173 shares · 0.0% of their software$412K−$2.9M
- AtlassianTEAM2,558 shares · 0.0% of their software$409K−$14.5M
- Shift4 Payments, Inc.FOUR4,374 shares · 0.0% of their software$339KFlat
- Euronet Worldwide, Inc.EEFT3,442 shares · 0.0% of their software$302KFlat
- Expensify, Inc.EXFY161,146 shares · 0.0% of their software$298KFlat
- SimilarwebSMWB31,000 shares · 0.0% of their software$288KFlat
- SynopsysSNPS540 shares · 0.0% of their software$266KFlat
- Consensus Cloud Solutions, Inc.CCSI7,764 shares · 0.0% of their software$228KFlat
- Roper Technologies, Inc.ROP305 shares · 0.0% of their software$152K−$989K
- SchrödingerSDGR6,000 shares · 0.0% of their software$120KFlat
- Block, Inc.XYZ1,526 shares · 0.0% of their software$110KFlat
- BoxBOX3,268 shares · 0.0% of their software$105KFlat
- Intapp, Inc.INTA2,497 shares · 0.0% of their software$102K−$9.1M
- Corpay, Inc.CPAY302 shares · 0.0% of their software$87KFlat
- DescartesDSGX921 shares · 0.0% of their software$87KFlat
- Paysign, Inc.PAYS13,606 shares · 0.0% of their software$86KNew · Flat
- TrimbleTRMB1,017 shares · 0.0% of their software$83KNew · Flat
- SPS CommerceSPSC636 shares · 0.0% of their software$66K−$14.5M
- TeradataTDC2,371 shares · 0.0% of their software$51KFlat
- Dave Inc.DAVE234 shares · 0.0% of their software$47K−$1.3M
- AkamaiAKAM613 shares · 0.0% of their software$46KFlat
- FactSetFDS162 shares · 0.0% of their software$46KFlat
- EverCommerceEVCM3,076 shares · 0.0% of their software$34KFlat
- Strategy IncMSTR105 shares · 0.0% of their software$34KFlat
- PhreesiaPHR1,341 shares · 0.0% of their software$32KNew · Flat
- Red Violet, Inc.RDVT551 shares · 0.0% of their software$29KFlat
- Ooma, Inc.OOMA2,013 shares · 0.0% of their software$24KFlat
- Ibotta, Inc.IBTA764 shares · 0.0% of their software$21KFlat
- FastlyFSLY2,381 shares · 0.0% of their software$20KFlat
- UnityU493 shares · 0.0% of their software$20KFlat
- Kaltura, Inc.KLTR12,896 shares · 0.0% of their software$19KFlat
- Alarm.com Holdings, Inc.ALRM299 shares · 0.0% of their software$16KFlat
- AlkamiALKT591 shares · 0.0% of their software$15KFlat
- C3.aiAI721 shares · 0.0% of their software$13K−$8.0M
- CS Disco, Inc.LAW1,812 shares · 0.0% of their software$12KFlat
- Paysafe LimitedPSFE883 shares · 0.0% of their software$11KFlat
- Diebold Nixdorf, IncorporatedDBD176 shares · 0.0% of their software$10KNew · Flat
- DomoDOMO618 shares · 0.0% of their software$10K—
- BackblazeBLZE645 shares · 0.0% of their software$6KNew · Flat
- VirTra, Inc.VTSI969 shares · 0.0% of their software$5KFlat
- Remitly Global, Inc.RELY225 shares · 0.0% of their software$4KFlat
- Rimini Street, Inc.RMNI695 shares · 0.0% of their software$3KFlat
- Mitek Systems, Inc.MITK314 shares · 0.0% of their software$3KFlat
- Amdocs LimitedDOX33 shares · 0.0% of their software$3KNew · Flat
- AudioEye, Inc.AEYE150 shares · 0.0% of their software$2KFlat
- Priority Technology Holdings, Inc.PRTH229 shares · 0.0% of their software$2KFlat
- Freightos LimitedCRGO421 shares · 0.0% of their software$1KFlat
- Bandwidth Inc.BAND76 shares · 0.0% of their software$1KFlat
- Rezolve AI PLCRZLV58 shares · 0.0% of their software$289New · Flat
- Rapid7RPD14 shares · 0.0% of their software$263Flat