Generalist · Pittsburgh, PA
Federated Hermes
Q4 2025 · compared with Q3 2025
Filed as Federated Hermes, INC.
- Software
- $8.1B
- Weight of 13F
- 13.5%
- Names
- 177
- Net bought
- +$2.4B
Filed 12 February 2026 · SEC filing.
2,059 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
- MicrosoftMSFT3,038,870 shares · 18.2% of their software · price −$104M$1.5B+$172M
- AdobeADBE892,062 shares · 3.9% of their software · price −$2.5M$312MFlat
- Fiserv, Inc.FISV4,381,002 shares · 3.6% of their software · price −$271M$294M+$564M
- PalantirPLTR1,568,455 shares · 3.4% of their software · price −$7.3M$279M+$47.7M
- ZscalerZS1,204,917 shares · 3.4% of their software · price −$90.1M$271M−$23.0M
- Paychex, Inc.PAYX2,409,229 shares · 3.3% of their software · price −$35.1M$270M+$298M
- SalesforceCRM993,801 shares · 3.3% of their software · price +$27.7M$263M−$69.5M
- Uber Technologies, Inc.UBER2,988,536 shares · 3.0% of their software · price −$48.6M$244M+$145M
- MongoDBMDB561,714 shares · 2.9% of their software · price +$61.4M$236M+$78.9M
- VeevaVEEV1,030,312 shares · 2.8% of their software · price −$76.9M$230M+$103M
- ShopifySHOP1,334,162 shares · 2.7% of their software · price +$16.5M$215M−$13.5M
- Palo Alto NetworksPANW1,030,515 shares · 2.3% of their software · price −$20.0M$190M+$95.7M
- Rubrik, Inc.RBRK2,449,646 shares · 2.3% of their software · price −$14.1M$187MFlat
- CrowdStrikeCRWD383,608 shares · 2.2% of their software · price −$8.3M$180M+$43.9M
- The Trade DeskTTD4,710,847 shares · 2.2% of their software · price −$52.1M$179M+$211M
- DatadogDDOG1,056,345 shares · 1.8% of their software · price −$6.8M$144M+$51.5M
- CloudflareNET692,827 shares · 1.7% of their software · price −$12.1M$137M−$36.3M
- ServiceNowNOW886,652 shares · 1.7% of their software · price −$680M$136M+$687M
- GoDaddyGDDY989,393 shares · 1.5% of their software · price −$12.6M$123M+$19.8M
- ToastTOST3,269,070 shares · 1.4% of their software · price −$3.3M$116M−$9.4M
- UiPathPATH7,074,094 shares · 1.4% of their software · price +$21.3M$116M−$4.7M
- Tyler TechnologiesTYL235,466 shares · 1.3% of their software · price −$16.3M$107M+$1.7M
- PaycomPAYC624,371 shares · 1.2% of their software · price −$30.5M$99.5M+$14.6M
- GuidewireGWRE483,335 shares · 1.2% of their software · price −$13.9M$97.2M−$3.0M
- KlaviyoKVYO2,900,807 shares · 1.2% of their software · price +$13.9M$94.2MFlat
- NetApp, Inc.NTAP834,761 shares · 1.1% of their software · price −$9.5M$89.4M+$15.3M
- CoStarCSGP1,322,999 shares · 1.1% of their software · price −$22.7M$89.0M−$11.8M
- HubSpotHUBS213,440 shares · 1.1% of their software · price −$14.2M$85.7M−$16.5M
- SnowflakeSNOW386,930 shares · 1.1% of their software · price −$2.4M$84.9M−$4.8M
- DynatraceDT1,819,435 shares · 1.0% of their software · price −$9.3M$78.9M+$39.3M
- ElasticESTC1,037,816 shares · 1.0% of their software · price −$9.4M$78.3M+$16.2M
- AppLovinAPP104,631 shares · 0.9% of their software · price −$4.7M$70.5M+$5.0M
- NutanixNTNX1,349,864 shares · 0.9% of their software · price −$30.6M$69.8M−$164M
- Sportradar Group AGSRAD2,782,000 shares · 0.8% of their software · price −$8.7M$66.1M−$9.6M
- DocuSignDOCU965,377 shares · 0.8% of their software · price −$3.6M$66.0M+$53.0M
- OracleORCL289,625 shares · 0.7% of their software · price −$25.0M$56.5MFlat
- DoximityDOCS1,249,085 shares · 0.7% of their software · price −$36.1M$55.3M+$88.8M
- WEX Inc.WEX349,451 shares · 0.6% of their software · price −$3.0M$52.1M−$6.7M
- Q2QTWO689,801 shares · 0.6% of their software$49.8M−$7.1M
- CommvaultCVLT365,748 shares · 0.6% of their software · price −$23.2M$45.9M+$8.2M
- Grab Holdings LimitedGRAB8,836,845 shares · 0.5% of their software · price −$9.1M$44.1M−$13.7M
- OktaOKTA456,634 shares · 0.5% of their software · price −$2.4M$39.5M+$17.2M
- Life360, Inc.LIF588,182 shares · 0.5% of their software · price −$24.8M$37.7M+$15.0M
- Chime Financial, Inc.CHYM1,266,032 shares · 0.4% of their software · price +$6.3M$31.9M+$8.1M
- WaystarWAY927,172 shares · 0.4% of their software · price −$4.8M$30.4M+$2.0M
- F5, Inc.FFIV115,062 shares · 0.4% of their software · price −$7.8M$29.4M−$30.4M
- IntuitINTU43,434 shares · 0.4% of their software · price −$890K$28.8M+$2.2M
- Manhattan AssociatesMANH165,966 shares · 0.4% of their software · price −$5.3M$28.8M+$32.9M
- PTCPTC165,022 shares · 0.4% of their software · price −$4.8M$28.7M−$33.9M
- SamsaraIOT801,679 shares · 0.4% of their software · price −$1.4M$28.4M−$2.2M
- FortinetFTNT348,366 shares · 0.3% of their software · price −$1.6M$27.7M−$1.5M
- CadenceCDNS86,069 shares · 0.3% of their software · price −$3.3M$26.9M+$29.8M
- StoneCo Ltd.STNE1,803,975 shares · 0.3% of their software · price −$7.4M$26.7M+$1.1M
- DigitalOceanDOCN500,195 shares · 0.3% of their software · price +$7.0M$24.1M+$8.5M
- ZoomZM276,684 shares · 0.3% of their software · price +$1.0M$23.9M+$2.0M
- Fair IsaacFICO13,902 shares · 0.3% of their software · price +$2.7M$23.5M−$8.1M
- QualysQLYS174,052 shares · 0.3% of their software$23.1M+$11.5M
- InterDigital, Inc.IDCC71,611 shares · 0.3% of their software · price −$1.9M$22.8M+$3.4M
- SPS CommerceSPSC245,046 shares · 0.3% of their software · price −$3.7M$21.8M+$25.5M
- AutodeskADSK72,324 shares · 0.3% of their software · price −$1.6M$21.4M+$9.7M
- Netskope, Inc.NTSK1,215,000 shares · 0.3% of their software · price −$6.3M$21.3M+$9.4M
- WixWIX202,095 shares · 0.3% of their software · price −$14.9M$21.0M−$27.2M
- Bentley SystemsBSY522,950 shares · 0.2% of their software · price −$7.0M$20.0M−$2.7M
- JFrogFROG312,100 shares · 0.2% of their software · price +$4.7M$19.5M+$8.1M
- Five9FIVN954,686 shares · 0.2% of their software · price −$4.0M$19.1M+$2.7M
- PegasystemsPEGA310,818 shares · 0.2% of their software · price +$690K$18.6MFlat
- SprinklrCXM2,361,911 shares · 0.2% of their software$18.4M+$6.4M
- DoubleVerifyDV1,568,990 shares · 0.2% of their software · price −$847K$17.9MFlat
- TenableTENB721,085 shares · 0.2% of their software · price −$4.1M$17.0M+$19.6M
- Pagaya Technologies Ltd.PGY765,577 shares · 0.2% of their software · price −$6.7M$16.0M+$4.9M
- Calix, Inc.CALX297,750 shares · 0.2% of their software · price −$2.5M$15.8M+$11.2M
- DuolingoDUOL88,218 shares · 0.2% of their software · price −$12.9M$15.5M−$25.0M
- YextYEXT1,871,845 shares · 0.2% of their software · price −$861K$15.1M+$3.6M
- Lyft, Inc.LYFT700,872 shares · 0.2% of their software · price −$1.9M$13.6MFlat
- AvePointAVPT940,520 shares · 0.2% of their software · price −$1.1M$13.1M+$3.0M
- BILLBILL231,662 shares · 0.2% of their software$12.6MFlat
- BroadridgeBR53,159 shares · 0.1% of their software · price −$797K$11.9M+$507K
- BlackLineBL200,488 shares · 0.1% of their software$11.1M+$3.5M
- AsanaASAN804,743 shares · 0.1% of their software$11.0M+$5.2M
- Sprout SocialSPT974,080 shares · 0.1% of their software · price −$1.6M$11.0M+$3.6M
- CourseraCOUR1,451,120 shares · 0.1% of their software · price −$6.3M$10.7M+$5.5M
- Amdocs LimitedDOX130,733 shares · 0.1% of their software$10.5M+$10.7M
- C3.aiAI675,424 shares · 0.1% of their software · price −$2.6M$9.1M+$11.7M
- Clear Secure, Inc.YOU259,045 shares · 0.1% of their software$9.1M+$3.0M
- Cerence Inc.CRNC844,130 shares · 0.1% of their software · price −$1.5M$9.0M+$6.3M
- FreshworksFRSH674,354 shares · 0.1% of their software$8.3M+$1.9M
- MNTN, Inc.MNTN680,000 shares · 0.1% of their software · price −$4.5M$8.1M+$557K
- NCR Atleos CorporationNATL201,755 shares · 0.1% of their software$7.7M+$3.1M
- SoundThinking, Inc.SSTI900,000 shares · 0.1% of their software · price −$3.6M$7.2M−$1.2M
- ZoomInfoZI657,776 shares · 0.1% of their software$6.7M—
- BoxBOX218,941 shares · 0.1% of their software · price −$517K$6.5M+$7.0M
- PagerDutyPD337,567 shares · 0.1% of their software · price −$1.2M$4.4M+$2.4M
- AtlassianTEAM23,928 shares · 0.0% of their software$3.9M+$3.4M
- SynopsysSNPS7,524 shares · 0.0% of their software$3.5M+$3.4M
- SAPSAP13,885 shares · 0.0% of their software$3.4M−$4.1M
- Full Truck Alliance Co. Ltd.YMM292,745 shares · 0.0% of their software · price −$656K$3.1M−$3.9M
- Alarm.com Holdings, Inc.ALRM59,193 shares · 0.0% of their software$3.0M+$3.1M
- FlywireFLYW210,800 shares · 0.0% of their software$3.0M+$1.1M
- Via Transportation, Inc.VIA100,000 shares · 0.0% of their software · price −$1.9M$2.9M−$4.8M
- LiveRamp Holdings, Inc.RAMP97,601 shares · 0.0% of their software$2.9M−$736K
- Payoneer Global Inc.PAYO506,040 shares · 0.0% of their software$2.8M+$1.7M
- NetScout Systems, Inc.NTCT104,989 shares · 0.0% of their software$2.8M−$1.5M
- MagniteMGNI172,947 shares · 0.0% of their software · price −$960K$2.8M+$3.3M
- WorkivaWK31,724 shares · 0.0% of their software$2.7MNew · +$2.7M
- Block, Inc.XYZ39,701 shares · 0.0% of their software$2.6M+$2.8M
- Automatic Data Processing, Inc.ADP9,313 shares · 0.0% of their software$2.4M−$564K
- WorkdayWDAY10,309 shares · 0.0% of their software$2.2M−$512K
- NICENICE18,500 shares · 0.0% of their software · price −$587K$2.1MFlat
- TwilioTWLO13,266 shares · 0.0% of their software · price +$559K$1.9M−$5.7M
- A10 Networks, Inc.ATEN106,382 shares · 0.0% of their software$1.9M+$1.1M
- SoundHound AI, Inc.SOUN139,274 shares · 0.0% of their software · price −$851K$1.4MNew · +$2.2M
- ProcorePCOR16,620 shares · 0.0% of their software$1.2MFlat
- Wealthfront CorporationWLTH84,167 shares · 0.0% of their software$1.1MNew · +$1.1M
- Gen DigitalGEN40,749 shares · 0.0% of their software$1.1MFlat
- VertexVERX51,049 shares · 0.0% of their software$1.0M−$1.2M
- 8x8EGHT507,957 shares · 0.0% of their software$1.0MFlat
- VaronisVRNS30,181 shares · 0.0% of their software · price −$745K$990K−$9.2M
- BlackbaudBLKB14,407 shares · 0.0% of their software$912KFlat
- Silvaco Group, Inc.SVCO220,000 shares · 0.0% of their software$891KFlat
- Viant Technology Inc.DSP71,872 shares · 0.0% of their software$865KFlat
- BrazeBRZE23,546 shares · 0.0% of their software$807K−$22.2M
- RingCentralRNG26,438 shares · 0.0% of their software$764KFlat
- Rackspace Technology, Inc.RXT719,747 shares · 0.0% of their software$699KFlat
- PaylocityPCTY4,394 shares · 0.0% of their software$670KFlat
- GitLabGTLB15,683 shares · 0.0% of their software$589KFlat
- PDF Solutions, Inc.PDFS19,300 shares · 0.0% of their software$551KNew · Flat
- DropboxDBX19,168 shares · 0.0% of their software$533KFlat
- ACI WorldwideACIW10,725 shares · 0.0% of their software$513KFlat
- VeriSign, Inc.VRSN1,901 shares · 0.0% of their software$462KFlat
- AppFolioAPPF1,939 shares · 0.0% of their software$451KFlat
- MorningstarMORN1,918 shares · 0.0% of their software$417KFlat
- Thryv Holdings, Inc.THRY63,444 shares · 0.0% of their software$384KNew · +$765K
- Consensus Cloud Solutions, Inc.CCSI17,424 shares · 0.0% of their software$380KFlat
- VeriskVRSK1,646 shares · 0.0% of their software$368K−$67.6M
- Euronet Worldwide, Inc.EEFT3,145 shares · 0.0% of their software$239KFlat
- SimilarwebSMWB30,000 shares · 0.0% of their software$225KFlat
- monday.comMNDY1,500 shares · 0.0% of their software$221KNew · Flat
- Shift4 Payments, Inc.FOUR3,428 shares · 0.0% of their software$216KFlat
- Simulations PlusSLP10,000 shares · 0.0% of their software$182K−$1.8M
- PagSeguro Digital Ltd.PAGS15,664 shares · 0.0% of their software$151KNew · Flat
- Paysign, Inc.PAYS23,908 shares · 0.0% of their software$123KFlat
- Roper Technologies, Inc.ROP264 shares · 0.0% of their software$118KFlat
- DescartesDSGX1,098 shares · 0.0% of their software$96KFlat
- Grindr Inc.GRND6,854 shares · 0.0% of their software$93K−$4.0M
- Corpay, Inc.CPAY298 shares · 0.0% of their software$90KFlat
- TeradataTDC2,305 shares · 0.0% of their software$70KFlat
- Intapp, Inc.INTA1,384 shares · 0.0% of their software$63KFlat
- AkamaiAKAM614 shares · 0.0% of their software$54KFlat
- FactSetFDS160 shares · 0.0% of their software$46KFlat
- Dave Inc.DAVE181 shares · 0.0% of their software$40KFlat
- Red Violet, Inc.RDVT551 shares · 0.0% of their software$31KFlat
- FastlyFSLY2,460 shares · 0.0% of their software$25KFlat
- Agilysys, Inc.AGYS199 shares · 0.0% of their software$24KNew · Flat
- EverCommerceEVCM1,944 shares · 0.0% of their software$24KFlat
- UnityU472 shares · 0.0% of their software$21KFlat
- Ooma, Inc.OOMA1,528 shares · 0.0% of their software$18KFlat
- Upbound Group, Inc.UPBD979 shares · 0.0% of their software$17K−$1.6M
- CS Disco, Inc.LAW2,032 shares · 0.0% of their software$16KFlat
- PhreesiaPHR847 shares · 0.0% of their software$14KFlat
- Ibotta, Inc.IBTA483 shares · 0.0% of their software$11KFlat
- AlkamiALKT373 shares · 0.0% of their software$9KFlat
- Health CatalystHCAT3,527 shares · 0.0% of their software$8KNew · Flat
- Daily Journal CorporationDJCO16 shares · 0.0% of their software$8KNew · Flat
- Diebold Nixdorf, IncorporatedDBD111 shares · 0.0% of their software$8KFlat
- Kaltura, Inc.KLTR3,106 shares · 0.0% of their software$5KFlat
- VirTra, Inc.VTSI903 shares · 0.0% of their software$4KFlat
- Mitek Systems, Inc.MITK314 shares · 0.0% of their software$3KFlat
- Paysafe LimitedPSFE244 shares · 0.0% of their software$2KFlat
- AudioEye, Inc.AEYE150 shares · 0.0% of their software$1KFlat
- Priority Technology Holdings, Inc.PRTH229 shares · 0.0% of their software$1KFlat
- Freightos LimitedCRGO421 shares · 0.0% of their software$960Flat
- Xperi Inc.XPER132 shares · 0.0% of their software$774New · Flat
- Bandwidth Inc.BAND46 shares · 0.0% of their software$711Flat
- Remitly Global, Inc.RELY21 shares · 0.0% of their software$290Flat
- Bakkt, Inc.BKKT28 shares · 0.0% of their software$281New · Flat
- Rapid7RPD14 shares · 0.0% of their software$213Flat
- nCinoNCNO2 shares · 0.0% of their software$51New · Flat