Heritage Investors Management Corp.

Heritage Investors Management as of Sept. 30, 2014

Portfolio Holdings for Heritage Investors Management

Heritage Investors Management holds 151 positions in its portfolio as reported in the September 2014 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Apple (AAPL) 2.9 $36M 361k 100.75
Microsoft Corporation (MSFT) 2.1 $26M 554k 46.36
SPDR S&P MidCap 400 ETF (MDY) 2.0 $26M 102k 249.32
General Electric Company 2.0 $25M 974k 25.62
Intel Corporation (INTC) 2.0 $24M 699k 34.82
Schlumberger (SLB) 1.9 $24M 235k 101.69
International Business Machines (IBM) 1.9 $24M 124k 189.83
Marriott International (MAR) 1.9 $24M 336k 69.90
Exxon Mobil Corporation (XOM) 1.7 $22M 229k 94.05
MasterCard Incorporated (MA) 1.6 $20M 276k 73.92
American Express Company (AXP) 1.6 $20M 232k 87.54
Vanguard Small-Cap ETF (VB) 1.6 $20M 183k 110.63
Walt Disney Company (DIS) 1.6 $20M 223k 89.03
Cisco Systems (CSCO) 1.6 $20M 774k 25.17
Caterpillar (CAT) 1.5 $19M 193k 99.03
iShares MSCI EAFE Index Fund (EFA) 1.5 $19M 296k 64.12
Home Depot (HD) 1.5 $19M 205k 91.74
JPMorgan Chase & Co. (JPM) 1.5 $18M 303k 60.24
Verizon Communications (VZ) 1.5 $18M 364k 49.99
Johnson & Johnson (JNJ) 1.4 $18M 170k 106.59
EMC Corporation 1.4 $18M 617k 29.26
Wal-Mart Stores (WMT) 1.4 $18M 230k 76.47
United Technologies Corporation 1.4 $17M 165k 105.60
T. Rowe Price (TROW) 1.4 $17M 221k 78.40
Pepsi (PEP) 1.4 $17M 184k 93.09
Apache Corporation 1.4 $17M 180k 93.87
Amgen (AMGN) 1.3 $17M 118k 140.46
At&t (T) 1.3 $16M 465k 35.24
McDonald's Corporation (MCD) 1.2 $15M 159k 94.81
Archer Daniels Midland Company (ADM) 1.2 $15M 287k 51.10
Chevron Corporation (CVX) 1.2 $15M 124k 119.32
Paccar (PCAR) 1.2 $15M 259k 56.88
Merck & Co (MRK) 1.1 $14M 241k 59.28
Procter & Gamble Company (PG) 1.1 $14M 169k 83.74
Coca-Cola Company (KO) 1.1 $14M 330k 42.66
Yum! Brands (YUM) 1.1 $14M 193k 71.98
Nike (NKE) 1.1 $14M 154k 89.20
Alcoa 1.1 $13M 836k 16.09
Boeing Company (BA) 1.1 $13M 105k 127.38
Altria (MO) 1.1 $13M 291k 45.94
Monsanto Company 1.1 $13M 116k 112.51
E.I. du Pont de Nemours & Company 1.0 $13M 178k 71.76
Philip Morris International (PM) 1.0 $13M 154k 83.40
Google 1.0 $13M 22k 588.40
Pfizer (PFE) 1.0 $13M 424k 29.57
Google Inc Class C 1.0 $12M 21k 577.34
Goldman Sachs (GS) 1.0 $12M 66k 183.57
Automatic Data Processing (ADP) 1.0 $12M 144k 83.08
Constellation Brands (STZ) 0.9 $12M 134k 87.16
ConocoPhillips (COP) 0.9 $12M 152k 76.52
Fluor Corporation (FLR) 0.9 $12M 174k 66.79
CSX Corporation (CSX) 0.9 $11M 344k 32.06
Martin Marietta Materials (MLM) 0.9 $11M 86k 128.94
McKesson Corporation (MCK) 0.9 $11M 57k 194.68
Wells Fargo & Company (WFC) 0.9 $11M 208k 51.87
Bank of America Corporation (BAC) 0.9 $11M 631k 17.05
United Parcel Service (UPS) 0.8 $11M 107k 98.29
Zoetis Inc Cl A (ZTS) 0.8 $11M 287k 36.95
Citigroup (C) 0.8 $11M 203k 51.82
Zimmer Holdings (ZBH) 0.8 $10M 101k 100.55
Vanguard FTSE All-World ex-US ETF (VEU) 0.8 $9.7M 196k 49.24
3M Company (MMM) 0.8 $9.6M 68k 141.68
Norfolk Southern (NSC) 0.7 $9.2M 83k 111.60
Air Products & Chemicals (APD) 0.7 $9.0M 70k 130.18
FedEx Corporation (FDX) 0.7 $8.7M 54k 161.45
Hewlett-Packard Company 0.7 $8.5M 241k 35.47
Capital One Financial (COF) 0.7 $8.4M 103k 81.62
Teva Pharmaceutical Industries (TEVA) 0.7 $8.2M 153k 53.75
Morgan Stanley (MS) 0.7 $8.1M 233k 34.57
Honeywell International (HON) 0.6 $7.2M 77k 93.12
Phillips 66 (PSX) 0.6 $7.0M 86k 81.31
L Brands 0.5 $6.7M 100k 66.98
Harley-Davidson (HOG) 0.5 $6.5M 111k 58.20
Lockheed Martin Corporation (LMT) 0.5 $6.5M 36k 182.77
Toyota Motor Corporation (TM) 0.5 $6.1M 52k 117.53
Qualcomm (QCOM) 0.5 $6.0M 81k 74.76
Vanguard Emerging Markets ETF (VWO) 0.5 $6.0M 144k 41.71
Royal Dutch Shell 0.5 $5.7M 74k 76.13
Bristol Myers Squibb (BMY) 0.4 $5.5M 107k 51.18
Express Scripts Holding 0.4 $5.4M 76k 70.63
Praxair 0.4 $4.8M 37k 129.00
Dow Chemical Company 0.4 $4.6M 88k 52.44
Baxter International (BAX) 0.4 $4.5M 63k 71.78
Honda Motor (HMC) 0.4 $4.4M 129k 34.28
Medtronic 0.3 $4.3M 70k 61.95
Gap (GPS) 0.3 $4.3M 103k 41.69
Navient Corporation equity (NAVI) 0.3 $4.4M 247k 17.71
Ford Motor Company (F) 0.3 $4.3M 288k 14.79
SLM Corporation (SLM) 0.3 $4.0M 470k 8.56
Comcast Corporation (CMCSA) 0.3 $3.7M 68k 53.78
BlackRock (BLK) 0.3 $3.6M 11k 328.35
Berkshire Hathaway (BRK.B) 0.3 $3.5M 26k 138.12
iShares Russell 2000 Index (IWM) 0.3 $3.4M 31k 109.36
Abbvie (ABBV) 0.3 $3.3M 58k 57.76
Time Warner 0.3 $3.2M 42k 75.20
Eli Lilly & Co. (LLY) 0.3 $3.3M 50k 64.85
Target Corporation (TGT) 0.3 $3.3M 52k 62.68
Vanguard Mid-Cap ETF (VO) 0.3 $3.3M 28k 117.31
Union Pacific Corporation (UNP) 0.2 $3.2M 29k 108.42
Brown-Forman Corporation (BF.B) 0.2 $2.9M 33k 90.21
Mead Johnson Nutrition 0.2 $2.9M 30k 96.23
Duke Energy (DUK) 0.2 $2.8M 37k 74.77
Hershey Company (HSY) 0.2 $2.7M 28k 95.43
Graham Hldgs (GHC) 0.2 $2.1M 2.9k 699.56
Raytheon Company 0.1 $1.9M 19k 101.62
General Motors Company (GM) 0.1 $1.6M 51k 31.93
BP (BP) 0.1 $1.5M 34k 43.94
Danaher Corporation (DHR) 0.1 $1.3M 17k 76.00
Western Union Company (WU) 0.1 $1.2M 72k 16.04
Discover Financial Services (DFS) 0.1 $1.2M 18k 64.36
Abbott Laboratories (ABT) 0.1 $1.1M 26k 41.58
Macy's (M) 0.1 $1.1M 18k 58.16
iShares Russell Midcap Index Fund (IWR) 0.1 $1.1M 6.9k 158.35
State Street Corporation (STT) 0.1 $983k 13k 73.58
Kate Spade & Co 0.1 $962k 37k 26.22
iShares MSCI Emerging Markets Indx (EEM) 0.1 $890k 21k 41.55
Spdr S&p 500 Etf (SPY) 0.1 $872k 4.4k 197.06
Boston Scientific Corporation (BSX) 0.1 $865k 73k 11.81
Southern Company (SO) 0.1 $881k 20k 43.65
Accenture (ACN) 0.1 $848k 10k 81.34
L-3 Communications Holdings 0.1 $895k 7.5k 118.94
SPDR Dow Jones Industrial Average ETF (DIA) 0.1 $833k 4.9k 170.00
Kimberly-Clark Corporation (KMB) 0.1 $720k 6.7k 107.64
Gannett 0.1 $757k 26k 29.69
Visa (V) 0.1 $753k 3.5k 213.50
iShares IBoxx $ Invest Grade Corp Bd (LQD) 0.1 $664k 5.6k 118.15
Eagle Ban (EGBN) 0.1 $630k 20k 31.81
Comcast Corporation 0.0 $522k 9.8k 53.54
ConAgra Foods (CAG) 0.0 $494k 15k 33.03
Federal Realty Inv. Trust 0.0 $447k 3.8k 118.41
Vanguard Large-Cap ETF (VV) 0.0 $519k 5.7k 90.48
Vanguard Total Bond Market ETF (BND) 0.0 $523k 6.4k 81.97
Eaton (ETN) 0.0 $455k 7.2k 63.34
Consolidated Edison (ED) 0.0 $416k 7.3k 56.69
Eastman Chemical Company (EMN) 0.0 $313k 3.9k 80.80
Franklin Street Properties (FSP) 0.0 $316k 28k 11.23
Amazon (AMZN) 0.0 $435k 1.3k 322.70
New York Times Company (NYT) 0.0 $424k 38k 11.23
SPDR Gold Trust (GLD) 0.0 $418k 3.6k 116.27
Enterprise Products Partners (EPD) 0.0 $314k 7.8k 40.26
Loews Corporation (L) 0.0 $270k 6.5k 41.62
Dominion Resources (D) 0.0 $305k 4.4k 69.19
Host Hotels & Resorts (HST) 0.0 $262k 12k 21.30
Emerson Electric (EMR) 0.0 $242k 3.9k 62.47
Abercrombie & Fitch (ANF) 0.0 $261k 7.2k 36.38
Vanguard Intermediate-Term Bond ETF (BIV) 0.0 $286k 3.4k 84.12
Pepco Holdings 0.0 $244k 9.1k 26.73
PowerShares QQQ Trust, Series 1 0.0 $219k 2.2k 98.69
Directv 0.0 $252k 2.9k 86.57
Royal Dutch Shell 0.0 $101k 1.3k 78.91
Invesco Van Kampen Senior Income Trust (VVR) 0.0 $48k 10k 4.80