NPORT-P
    false
    
      
      
        
          0000745968
          XXXXXXXX
        
      
      
      
      
        S000009733
        C000188314
        C000043493
        C000026745
        C000026743
        C000082649
      
      
      
    
  
  
    
      Federated Hermes Equity Funds
      811-04017
      0000745968
      254900QLYYRKC7NVWP04
      Federated Hermes Funds
      4000 Ericsson Drive
      Warrendale
      
      15086-7561
      8003417400
      Federated Hermes MDT Mid Cap Growth Fund
      S000009733
      254900LM4TFIVJJRHV48
      2021-10-31
      2021-07-31
      N
    
    
      669413161.640000000000
      7851267.510000000000
      661561894.130000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      
        
        
        
        
        
        
        
        
        
      
      N
      
        
          
          
          
          
        
        
        
        
      
      
      
      
      
      
    
    
      
        AGCO Corp
        LYOM0B2GCF1JWXK5ZG04
        AGCO CORP
        001084102
        
          
          
          
        
        6637.0000000000
        NS
        USD
        876814.0700000000
        0.1325369671
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        AMC Networks Inc
        549300VGG9K75226LR46
        AMC Networks Inc
        00164V103
        
          
          
        
        11004.0000000000
        NS
        USD
        550640.1600000000
        0.0832333550
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Advanced Micro Devices Inc
        R2I72C950HOYXII45366
        Advanced Micro Devices Inc
        007903107
        
          
          
        
        8280.0000000000
        NS
        USD
        879253.2000000000
        0.1329056597
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Advanced Drainage Systems Inc
        6QQTOZ5MF5DHM7K92I60
        Advanced Drainage Systems Inc
        00790R104
        
          
        
        15232.0000000000
        NS
        USD
        1859674.88
        0.2811036876
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Agilent Technologies Inc
        QUIX8Y7A2WP0XRMW7G29
        Agilent Technologies Inc
        00846U101
        
          
          
        
        5238.0000000000
        NS
        USD
        802618.7400000000
        0.1213217912
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Albertsons Cos Inc
        549300YKWOC0AOR16R51
        Albertsons Cos Inc
        013091103
        
          
        
        245027.0000000000
        NS
        USD
        5292583.2000000000
        0.8000133090
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          
        
      
      
        Align Technology Inc
        549300N5YSE0U3LCP840
        Align Technology Inc
        016255101
        
          
          
        
        16304.0000000000
        NS
        USD
        11344323.2000000000
        1.7147788137
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Alliance Data Systems Corp
        549300G8S4PO686J7H97
        Alliance Data Systems Corp
        018581108
        
          
          
        
        12311.0000000000
        NS
        USD
        1148000.7500000000
        0.1735288505
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Allison Transmission Holdings Inc
        529900RP7DJ882LI9T83
        Allison Transmission Holdings Inc
        01973R101
        
          
        
        38361.0000000000
        NS
        USD
        1530987.5100000000
        0.2314201473
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Alnylam Pharmaceuticals Inc
        529900S3ZI14OWRJII50
        Alnylam Pharmaceuticals Inc
        02043Q107
        
          
        
        7857.0000000000
        NS
        USD
        1405931.5800000000
        0.2125170135
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Altice USA Inc
        54930064K3612MGCER95
        Altice USA, Inc. Class A
        02156K103
        
          
        
        165661.0000000000
        NS
        USD
        5090762.5300000000
        0.7695066138
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Arista Networks Inc
        635400H1WKBLOQERUU95
        Arista Networks Inc
        040413106
        
          
          
        
        35943.0000000000
        NS
        USD
        13672357.7700000000
        2.0666785514
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        AutoZone Inc
        GA3JGKJ41LJKXDN23E90
        AutoZone Inc
        053332102
        
          
          
        
        1035.0000000000
        NS
        USD
        1680394.9500000000
        0.2540041929
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Avantor Inc
        N/A
        Avantor Inc
        05352A100
        
          
          
        
        288349.0000000000
        NS
        USD
        10836155.4200000000
        1.6379654748
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Axon Enterprise Inc
        549300QP2IEEGFE16681
        Axon Enterprise Inc
        05464C101
        
          
          
        
        2710.0000000000
        NS
        USD
        504114.2000000000
        0.0762006102
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        AZEK Co Inc/The
        N/A
        AZEK Co Inc/The
        05478C105
        
          
        
        27360.0000000000
        NS
        USD
        995083.2000000000
        0.1504142256
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Bentley Systems Inc
        549300WVEHPGE0Z56F71
        Bentley Systems Inc
        08265T208
        
          
        
        64661.0000000000
        NS
        USD
        3932035.4100000000
        0.5943563928
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Berry Global Group Inc
        549300G6KKUMMXM8NH73
        Berry Global Group Inc
        08579W103
        
          
          
        
        132252.0000000000
        NS
        USD
        8502481.0800000000
        1.2852132439
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Bill.com Holdings Inc
        549300IBF9VZZIGOZW63
        Bill.Com Holdings Inc
        090043100
        
          
        
        9684.0000000000
        NS
        USD
        2002844.8800000000
        0.3027448978
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Boston Beer Co Inc/The
        529900Q02MQ0DCQNRM58
        Boston Beer Co Inc/The
        100557107
        
          
          
        
        284.0000000000
        NS
        USD
        201640.0000000000
        0.0304793855
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Boyd Gaming Corp
        254900787YGRYS2A1Z35
        Boyd Gaming Corp
        103304101
        
          
          
        
        17622.0000000000
        NS
        USD
        1004454.0000000000
        0.1518306917
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Bruker Corp
        LEBZ6VLQ6I8XB1NHVY15
        Bruker Corp
        116794108
        
          
        
        71432.0000000000
        NS
        USD
        5875282.0000000000
        0.8880925658
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Burlington Stores Inc
        5299003Z37DVGKKC1W09
        Burlington Stores Inc
        122017106
        
          
          
        
        43300.0000000000
        NS
        USD
        14496840.0000000000
        2.1913051717
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        CH Robinson Worldwide Inc
        529900WNWN5L0OVDHA79
        CH Robinson Worldwide Inc
        12541W209
        
          
          
        
        12820.0000000000
        NS
        USD
        1143159.4000000000
        0.1727970444
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        CACI International Inc
        SYRPI2D1O9WRTS2WX210
        CACI International Inc
        127190304
        
          
          
        
        8452.0000000000
        NS
        USD
        2256345.9200000000
        0.3410634651
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Cardinal Health Inc
        CCU46N3GJMF4OK4N7U60
        Cardinal Health Inc
        14149Y108
        
          
          
          
        
        71692.0000000000
        NS
        USD
        4257070.9600000000
        0.6434879333
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Carrier Global Corp
        549300JE3W6CWY2NAN77
        Carrier Global Corp
        14448C104
        
          
          
        
        234288.0000000000
        NS
        USD
        12944412.0000000000
        1.9566441349
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Carvana Co
        5493003WEAK2PJ5WS063
        Carvana Co
        146869102
        
          
        
        787.0000000000
        NS
        USD
        265659.7200000000
        0.0401564423
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Celanese Corp
        549300FHJQTDPPN41627
        Celanese Corp
        150870103
        
          
          
        
        4412.0000000000
        NS
        USD
        687257.2400000000
        0.1038840426
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Chemours Co/The
        549300M1BOLNXL8DOV14
        Chemours Co/The
        163851108
        
          
          
        
        65401.0000000000
        NS
        USD
        2174583.2500000000
        0.3287044295
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Chipotle Mexican Grill Inc
        N/A
        Chipotle Mexican Grill Inc
        169656105
        
          
          
        
        5632.0000000000
        NS
        USD
        10494894.0800000000
        1.5863812854
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Citizens Financial Group Inc
        2138004JDDA4ZQUPFW65
        Citizens Financial Group Inc
        174610105
        
          
          
          
        
        19815.0000000000
        NS
        USD
        835400.4000000000
        0.1262769829
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Cloudflare Inc
        5493007DY18BGNLDWU14
        Cloudflare Inc
        18915M107
        
          
        
        67433.0000000000
        NS
        USD
        7999576.7900000000
        1.2091955206
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        CommScope Holding Co Inc
        254900AW4CEPCQWSRI58
        CommScope Holding Co Inc
        20337X109
        
          
        
        11758.0000000000
        NS
        USD
        248799.2800000000
        0.0376078614
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Continental Resources Inc/OK
        XXRTID9RYWOZ0UPIVR53
        Continental Resources Inc/OK
        212015101
        
          
          
        
        96964.0000000000
        NS
        USD
        3311320.6000000000
        0.5005307333
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Crowdstrike Holdings Inc
        549300YBY08K9KM4HX32
        Crowdstrike Holdings Inc
        22788C105
        
          
          
        
        69685.0000000000
        NS
        USD
        17672812.8500000000
        2.6713770861
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Datadog Inc
        549300F6JNO0KRPO1K63
        Datadog Inc
        23804L103
        
          
        
        89136.0000000000
        NS
        USD
        9867355.2000000000
        1.4915241170
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Dexcom Inc
        549300YSK3QDSFR5EU59
        DexCom Inc
        252131107
        
          
          
        
        3796.0000000000
        NS
        USD
        1956875.9600000000
        0.2957963537
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Discover Financial Services
        Z1YLO2USPORE63VVUL20
        Discover Financial Services
        254709108
        
          
          
        
        27395.0000000000
        NS
        USD
        3405746.4000000000
        0.5148038952
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        DocuSign Inc
        549300Q7PVDWRZ39JG09
        DocuSign Inc
        256163106
        
          
          
        
        25973.0000000000
        NS
        USD
        7740992.9200000000
        1.1701086457
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Domino's Pizza Inc
        25490005ZWM1IF9UXU57
        Domino's Pizza Inc
        25754A201
        
          
          
        
        29329.0000000000
        NS
        USD
        15412096.2100000000
        2.3296529541
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        RR Donnelley & Sons Co
        SU4X0P4WWRGOQDTSV032
        RR Donnelley & Sons Co
        257867200
        
          
        
        107189.0000000000
        NS
        USD
        655996.6800000000
        0.0991587765
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Dropbox Inc
        549300JCDF7UAR6TJR51
        Dropbox Inc
        26210C104
        
          
        
        383089.0000000000
        NS
        USD
        12063472.6100000000
        1.8234835950
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Dynatrace Inc
        N/A
        Dynatrace Inc
        268150109
        
          
        
        136569.0000000000
        NS
        USD
        8722662.0300000000
        1.3184952319
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Energizer Holdings Inc
        5493000D6NN0V57UME20
        Energizer Holdings Inc
        29272W109
        
          
          
        
        48895.0000000000
        NS
        USD
        2095150.7500000000
        0.3166976164
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        EPAM Systems Inc
        549300XCR4R530HJP604
        EPAM Systems Inc
        29414B104
        
          
        
        39849.0000000000
        NS
        USD
        22307470.2000000000
        3.3719400101
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Etsy Inc
        54930089Q7XT501AEA40
        Etsy Inc
        29786A106
        
          
          
        
        8824.0000000000
        NS
        USD
        1619292.2400000000
        0.2447680639
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Expedia Group Inc
        N/A
        Expedia Group Inc
        30212P303
        
          
          
        
        3604.0000000000
        NS
        USD
        579775.4800000000
        0.0876373753
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Expeditors International of Wa
        984500B055A804AB6E40
        Expeditors International of Washington Inc
        302130109
        
          
          
        
        3189.0000000000
        NS
        USD
        408989.2500000000
        0.0618217666
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Extra Space Storage Inc
        N/A
        Extra Space Storage Inc
        30225T102
        
          
          
        
        18503.0000000000
        NS
        USD
        3222112.4200000000
        0.4870462535
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Five Below Inc
        529900AAXP5Z6BGI7418
        Five Below Inc
        33829M101
        
          
          
        
        32596.0000000000
        NS
        USD
        6337314.3200000000
        0.9579321869
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        FleetCor Technologies Inc
        549300DG6RR0NQSFLN74
        FleetCor Technologies Inc
        339041105
        
          
          
        
        12170.0000000000
        NS
        USD
        3142537.4000000000
        0.4750178975
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Floor & Decor Holdings Inc
        549300M5FR3N688XGQ36
        Floor & Decor Holdings Inc
        339750101
        
          
        
        58927.0000000000
        NS
        USD
        7189683.2700000000
        1.0867740923
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Fortinet Inc
        549300O0QJWDBAS0QX03
        Fortinet Inc
        34959E109
        
          
          
        
        71169.0000000000
        NS
        USD
        19375048.5600000000
        2.9286826723
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Fortune Brands Home & Security
        54930032LHW54PQUJD44
        Fortune Brands Home & Security Inc
        34964C106
        
          
          
        
        4376.0000000000
        NS
        USD
        426528.7200000000
        0.0644729879
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Gartner Inc
        PP55B5R38BFB8O8HH686
        Gartner Inc
        366651107
        
          
          
        
        11467.0000000000
        NS
        USD
        3035658.9100000000
        0.4588624189
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Generac Holdings Inc
        529900S2H2AHJHSFFI84
        Generac Holdings Inc
        368736104
        
          
          
        
        31242.0000000000
        NS
        USD
        13101645.1200000000
        1.9804110902
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Graco Inc
        4T5VJ4S81BRT6Q7GGT78
        Graco Inc
        384109104
        
          
          
        
        22486.0000000000
        NS
        USD
        1755706.8800000000
        0.2653881512
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        HubSpot Inc
        529900BLNVEW0MVKJB37
        HubSpot Inc
        443573100
        
          
        
        34831.0000000000
        NS
        USD
        20759972.6200000000
        3.1380242430
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Huntington Ingalls Industries
        5TZLZ6WJTBVJ0QWBG121
        Huntington Ingalls Industries Inc
        446413106
        
          
          
        
        35506.0000000000
        NS
        USD
        7283345.7800000000
        1.1009318772
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        IAC/InterActiveCorp
        549300TO56L57RP6P031
        IAC/InterActiveCorp
        44891N208
        
          
        
        18994.0000000000
        NS
        USD
        2607686.2600000000
        0.3941711702
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        IAA Inc
        549300PZCOPC5178W747
        IAA Inc
        449253103
        
          
          
        
        29929.0000000000
        NS
        USD
        1810105.9200000000
        0.2736109707
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        IDEXX Laboratories Inc
        OGMTXK0LUU1HKV2P0J84
        IDEXX Laboratories Inc
        45168D104
        
          
          
        
        10362.0000000000
        NS
        USD
        7030927.8600000000
        1.0627770315
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        IQVIA Holdings Inc
        549300W3R20NM4KQPH86
        IQVIA Holdings Inc
        46266C105
        
          
          
        
        70137.0000000000
        NS
        USD
        17372934.9000000000
        2.6260483039
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Jabil Inc
        5493000CGCQY2OQU7669
        Jabil Inc
        466313103
        
          
          
        
        75772.0000000000
        NS
        USD
        4511464.8800000000
        0.6819414661
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Jamf Holding Corp
        N/A
        Jamf Holding Corp
        47074L105
        
          
        
        8387.0000000000
        NS
        USD
        275177.4700000000
        0.0415951209
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        KLA Corp
        549300H0BF5JCG96TJ81
        KLA Corp
        482480100
        
          
          
        
        29397.0000000000
        NS
        USD
        10234859.5200000000
        1.5470751279
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        L Brands Inc
        GR3KVMWVCR54YWQNXU90
        L Brands Inc
        501797104
        
          
          
        
        75951.0000000000
        NS
        USD
        6081396.5700000000
        0.9192483158
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Landstar System Inc
        254900CUQXQRL09MEI52
        Landstar System Inc
        515098101
        
          
          
        
        18889.0000000000
        NS
        USD
        2965573.0000000000
        0.4482684124
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Lyft Inc
        549300H7I5VN334XVZ52
        Lyft Inc
        55087P104
        
          
          
        
        4629.0000000000
        NS
        USD
        256076.2800000000
        0.0387078340
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        MKS Instruments Inc
        549300KEQATBHAGVF505
        MKS Instruments Inc
        55306N104
        
          
          
        
        2001.0000000000
        NS
        USD
        313036.4400000000
        0.0473177858
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        MSCI Inc
        549300HTIN2PD78UB763
        MSCI Inc
        55354G100
        
          
          
        
        29350.0000000000
        NS
        USD
        17491426.0000000000
        2.6439591148
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Maravai LifeSciences Holdings Inc
        N/A
        Maravai LifeSciences Holdings Inc
        56600D107
        
          
        
        25943.0000000000
        NS
        USD
        1140713.7100000000
        0.1724273602
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Match Group Inc
        15OMOPB0A8K0EFUVD031
        Match Group Inc
        57667L107
        
          
        
        40724.0000000000
        NS
        USD
        6486111.4800000000
        0.9804239841
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        McKesson Corp
        549300WZWOM80UCFSF54
        McKesson Corp
        58155Q103
        
          
          
          
        
        36622.0000000000
        NS
        USD
        7464662.2600000000
        1.1283392115
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Mettler-Toledo International I
        5493000BD5GJNUDIUG10
        Mettler-Toledo International Inc
        592688105
        
          
          
        
        4411.0000000000
        NS
        USD
        6500534.8100000000
        0.9826041777
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Microchip Technology Inc
        5493007PTFULNYZJ1R12
        Microchip Technology Inc
        595017104
        
          
          
        
        2811.0000000000
        NS
        USD
        402310.3200000000
        0.0608121966
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Moderna Inc
        549300EI6OKH5K5Q2G38
        Moderna Inc
        60770K107
        
          
          
        
        32933.0000000000
        NS
        USD
        11645108.8000000000
        1.7602447939
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Molina Healthcare Inc
        549300NQQCEQ46YHZ591
        Molina Healthcare Inc
        60855R100
        
          
          
        
        15499.0000000000
        NS
        USD
        4231381.9900000000
        0.6396048544
        Long
        EC
        CORP
        US
        Y
        
        1
        
          N
          N
          N
        
      
      
        Federated Hermes Institutional Prime Value Obligations Fund
        254900OXLDDVEP8MMK94
        Federated Institutional Prime Value Obligations Fund
        60934N583
        
          
          
          
        
        11976393.2520000000
        NS
        USD
        11981183.8100000000
        1.8110450309
        Long
        STIV
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Monolithic Power Systems Inc
        529900TB7O85LSZ1XU31
        Monolithic Power Systems Inc
        609839105
        
          
          
        
        21368.0000000000
        NS
        USD
        9599787.6800000000
        1.4510792966
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Neurocrine Biosciences Inc
        549300FECER0XBN49756
        Neurocrine Biosciences Inc
        64125C109
        
          
          
        
        13228.0000000000
        NS
        USD
        1232981.8800000000
        0.1863743802
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Nexstar Media Group Inc
        52990083ZRR5UT591988
        Nexstar Media Group Inc
        65336K103
        
          
        
        18536.0000000000
        NS
        USD
        2726089.5200000000
        0.4120687035
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        NortonLifeLock Inc
        YF6ZV0M6AU4FY94MK914
        NortonLifeLock Inc
        668771108
        
          
          
        
        22249.0000000000
        NS
        USD
        552220.1800000000
        0.0834721868
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Nutanix Inc
        549300X7J6E8TKVIXW09
        Nutanix Inc
        67059N108
        
          
        
        189225.0000000000
        NS
        USD
        6815884.5000000000
        1.0302716285
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        O'Reilly Automotive Inc
        549300K2RLMQL149Q332
        O'Reilly Automotive Inc
        67103H107
        
          
          
        
        3582.0000000000
        NS
        USD
        2162954.8800000000
        0.3269467149
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Old Dominion Freight Line Inc
        5299009TWK32WE417T96
        Old Dominion Freight Line Inc
        679580100
        
          
          
        
        3506.0000000000
        NS
        USD
        943639.9000000000
        0.1426381883
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ON Semiconductor Corp
        ZV20P4CNJVT8V1ZGJ064
        ON Semiconductor Corp
        682189105
        
          
        
        55339.0000000000
        NS
        USD
        2161541.3400000000
        0.3267330478
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Palo Alto Networks Inc
        549300QXR2YVZV231H43
        Palo Alto Networks Inc
        697435105
        
          
        
        24833.0000000000
        NS
        USD
        9909608.6500000000
        1.4979110402
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Paycom Software Inc
        254900LSB0HNJUDC6Q18
        Paycom Software Inc
        70432V102
        
          
          
        
        5852.0000000000
        NS
        USD
        2340800.0000000000
        0.3538293273
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Paylocity Holding Corp
        549300VH75FTB4DIEE07
        Paylocity Holding Corp
        70438V106
        
          
          
        
        31003.0000000000
        NS
        USD
        6431882.3800000000
        0.9722268524
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Penn National Gaming Inc
        N/A
        Penn National Gaming Inc
        707569109
        
          
          
        
        4103.0000000000
        NS
        USD
        280563.1400000000
        0.0424092050
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Pinterest Inc
        N/A
        Pinterest Inc
        72352L106
        
          
        
        87867.0000000000
        NS
        USD
        5175366.3000000000
        0.7822951028
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Pitney Bowes Inc
        549300N2O26NW4ST6W55
        Pitney Bowes Inc
        724479100
        
          
        
        35233.0000000000
        NS
        USD
        281864.0000000000
        0.0426058397
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Pure Storage Inc
        549300NPDB0BZTK3WO90
        Pure Storage Inc
        74624M102
        
          
        
        29908.0000000000
        NS
        USD
        583804.1600000000
        0.0882463402
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        RH
        5493008MTS3OGGMHGK69
        RH
        74967X103
        
          
          
        
        1839.0000000000
        NS
        USD
        1221243.1200000000
        0.1845999794
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        RPM International Inc
        549300TJCKW4BRXPJ474
        RPM International Inc
        749685103
        
          
          
        
        45336.0000000000
        NS
        USD
        3925644.2400000000
        0.5933903199
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Repligen Corp
        54930006QJ0T5AUO1E71
        Repligen Corp
        759916109
        
          
          
        
        1420.0000000000
        NS
        USD
        348894.0000000000
        0.0527379226
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Roku Inc
        549300KR6ITU0YIR1T71
        Roku Inc
        77543R102
        
          
        
        21695.0000000000
        NS
        USD
        9292185.4500000000
        1.4045829321
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        SBA Communications Corp
        5299001HX8ZN8Y8QIT49
        SBA Communications Corp
        78410G104
        
          
          
        
        587.0000000000
        NS
        USD
        200161.1300000000
        0.0302558433
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Sage Therapeutics Inc
        5493000JX4BJS9W6CN35
        Sage Therapeutics Inc
        78667J108
        
          
        
        6499.0000000000
        NS
        USD
        284201.2700000000
        0.0429591354
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Simon Property Group Inc
        529900GQL5X8H7AO3T64
        Simon Property Group Inc
        828806109
        
          
          
        
        11003.0000000000
        NS
        USD
        1392099.5600000000
        0.2104262008
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Smartsheet Inc
        549300N9WF42OK9VL589
        Smartsheet Inc
        83200N103
        
          
        
        9343.0000000000
        NS
        USD
        677834.6500000000
        0.1024597481
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Spirit AeroSystems Holdings Inc
        N/A
        Spirit AeroSystems Holdings, Inc. Class A
        848574109
        
          
        
        5675.0000000000
        NS
        USD
        245216.7500000000
        0.0370663353
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Sprouts Farmers Market Inc
        529900P8F4G77Q52XE24
        Sprouts Farmers Market Inc
        85208M102
        
          
          
        
        150862.0000000000
        NS
        USD
        3708187.9600000000
        0.5605201861
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Synchrony Financial
        549300RS7EWPM9MA6C78
        Synchrony Financial
        87165B103
        
          
          
        
        25522.0000000000
        NS
        USD
        1200044.4400000000
        0.1813956412
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Take-Two Interactive Software
        BOMSTHHJK882EWYX3334
        Take-Two Interactive Software Inc
        874054109
        
          
          
        
        13757.0000000000
        NS
        USD
        2385738.9400000000
        0.3606221823
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Tapestry Inc
        549300LJNVY5SW3VTN33
        Tapestry Inc
        876030107
        
          
          
        
        19244.0000000000
        NS
        USD
        814021.2000000000
        0.1230453578
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Tempur Sealy International Inc
        549300HFEKVR3US71V91
        Tempur Sealy International Inc
        88023U101
        
          
          
        
        175427.0000000000
        NS
        USD
        7590726.2900000000
        1.1473947271
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Teradata Corp
        549300JU9SOUHV4U4R71
        Teradata Corp
        88076W103
        
          
          
        
        20622.0000000000
        NS
        USD
        1024088.5200000000
        0.1547985954
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Teradyne Inc
        C3X4YJ278QNZHRJULN75
        Teradyne Inc
        880770102
        
          
          
        
        9035.0000000000
        NS
        USD
        1147445.0000000000
        0.1734448447
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Tractor Supply Co
        549300OJ9VZHZRO6I137
        Tractor Supply Co
        892356106
        
          
          
        
        5015.0000000000
        NS
        USD
        907363.9500000000
        0.1371548087
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Tradeweb Markets Inc
        N/A
        Tradeweb Markets Inc
        892672106
        
          
          
        
        118672.0000000000
        NS
        USD
        10292422.5600000000
        1.5557762095
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        TransDigm Group Inc
        N/A
        TransDigm Group Inc
        893641100
        
          
          
        
        2883.0000000000
        NS
        USD
        1848262.4700000000
        0.2793786169
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        TransUnion
        549300ZS772LUNUMRB03
        TransUnion
        89400J107
        
          
          
        
        57148.0000000000
        NS
        USD
        6861188.8800000000
        1.0371197224
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Travel + Leisure Co
        T4VNTWMFQ7JQB65L7T35
        Travel + Leisure Co
        894164102
        
          
          
        
        44001.0000000000
        NS
        USD
        2279251.8000000000
        0.3445258592
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Ulta Beauty Inc
        529900CIV6HN8M28YM82
        Ulta Beauty Inc
        90384S303
        
          
          
        
        15071.0000000000
        NS
        USD
        5060841.8000000000
        0.7649838730
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        United Rentals Inc
        5323X5O7RN0NKFCDRY08
        United Rentals Inc
        911363109
        
          
          
        
        951.0000000000
        NS
        USD
        313402.0500000000
        0.0473730505
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Universal Display Corp
        N/A
        Universal Display Corp
        91347P105
        
          
          
        
        10083.0000000000
        NS
        USD
        2364362.6700000000
        0.3573910001
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Veeva Systems Inc
        549300YZEXPDB92M2F02
        Veeva Systems Inc
        922475108
        
          
          
        
        61604.0000000000
        NS
        USD
        20496266.8400000000
        3.0981631533
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Vertiv Holdings Co
        549300KTTIRAOGXCRV69
        Vertiv Holdings Co
        92537N108
        
          
        
        169272.0000000000
        NS
        USD
        4746386.8800000000
        0.7174516734
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Virtu Financial Inc
        5493001OPW2K42CH3884
        Virtu Financial Inc
        928254101
        
          
        
        83743.0000000000
        NS
        USD
        2155544.8200000000
        0.3258266292
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Wayfair Inc
        54930027N9ZAVYFDHK53
        Wayfair Inc
        94419L101
        
          
        
        9798.0000000000
        NS
        USD
        2364845.2800000000
        0.3574639502
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          
        
      
      
        Wendy's Co/The
        529900M0JIUCMWVKHG76
        Wendy's Co/The
        95058W100
        
          
          
        
        21541.0000000000
        NS
        USD
        499966.6100000000
        0.0755736711
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Western Alliance Bancorp
        5493003VJXZ5JXT9S762
        Western Alliance Bancorp
        957638109
        
          
        
        11384.0000000000
        NS
        USD
        1056662.8800000000
        0.1597224522
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Western Union Co/The
        28ID94QU1140NC23S047
        Western Union Co/The
        959802109
        
          
          
        
        381457.0000000000
        NS
        USD
        8853616.9700000000
        1.3382900449
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Westlake Chemical Corp
        GOXNEVUM0LL78B1OS344
        Westlake Chemical Corp
        960413102
        
          
        
        2630.0000000000
        NS
        USD
        218079.6000000000
        0.0329643533
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Williams-Sonoma Inc
        549300IARG6YWVTZ1I92
        Williams-Sonoma Inc
        969904101
        
          
          
        
        16790.0000000000
        NS
        USD
        2547043.0000000000
        0.3850044905
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        XPO Logistics Inc
        54930096DB9LCLPN7H13
        XPO Logistics Inc
        983793100
        
          
          
        
        59361.0000000000
        NS
        USD
        8232777.0900000000
        1.2444454802
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Xylem Inc/NY
        549300DF5MV96DRYLQ48
        Xylem Inc/NY
        98419M100
        
          
          
        
        9879.0000000000
        NS
        USD
        1243272.1500000000
        0.1879298311
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        YETI Holdings Inc
        549300DSQICIGNT5GO63
        YETI Holdings Inc
        98585X104
        
          
          
        
        128784.0000000000
        NS
        USD
        12405762.7200000000
        1.8752232905
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Zscaler Inc
        529900MZ0RTK1BWRNF46
        Zscaler Inc
        98980G102
        
          
        
        20652.0000000000
        NS
        USD
        4872013.3200000000
        0.7364410440
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Zynga Inc
        549300XNQ0U2EL088Z74
        Zynga Inc
        98986T108
        
          
        
        59018.0000000000
        NS
        USD
        596081.8000000000
        0.0901021968
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Axalta Coating Systems Ltd
        529900AGLPA40GV6H619
        Axalta Coating Systems Ltd
        000000000
        
          
          
        
        85265.0000000000
        NS
        USD
        2566476.5000000000
        0.3879420086
        Long
        EC
        CORP
        BM
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Nielsen Holdings PLC
        549300ZVCBHQE0XHG367
        Nielsen Holdings PLC
        000000000
        
          
          
        
        50156.0000000000
        NS
        USD
        1188195.6400000000
        0.1796046070
        Long
        EC
        CORP
        GB
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Jazz Pharmaceuticals PLC
        635400GAUMJCLEZRRV50
        Jazz Pharmaceuticals PLC
        000000000
        
          
          
        
        23862.0000000000
        NS
        USD
        4045086.2400000000
        0.6114448664
        Long
        EC
        CORP
        IE
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Allegion plc
        984500560CAC2E6FB757
        Allegion PLC
        000000000
        
          
          
        
        75832.0000000000
        NS
        USD
        10358651.2000000000
        1.5657871609
        Long
        EC
        CORP
        IE
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Horizon Therapeutics Plc
        529900P0GSQ79OOZEV53
        HORIZON THERAPEUTICS PLC
        000000000
        
          
          
        
        15281.0000000000
        NS
        USD
        1528405.6200000000
        0.2310298754
        Long
        EC
        CORP
        IE
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Herbalife Nutrition Ltd
        549300BA7TYPBSZZIA41
        Herbalife Nutrition Ltd
        000000000
        
          
        
        6930.0000000000
        NS
        USD
        353014.2000000000
        0.0533607215
        Long
        EC
        CORP
        KY
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Globant SA
        2221008DCMSPYS42DS88
        Globant SA
        000000000
        
          
          
          
        
        5959.0000000000
        NS
        USD
        1425154.4400000000
        0.2154226918
        Long
        EC
        CORP
        LU
        
        N
        
        1
        
          N
          N
          N
        
      
      
        LyondellBasell Industries NV
        BN6WCCZ8OVP3ITUUVN49
        LyondellBasell Industries NV
        000000000
        
          
          
        
        4390.0000000000
        NS
        USD
        436058.7000000000
        0.0659135153
        Long
        EC
        CORP
        NL
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Elastic NV
        2549003I48WHHH937I59
        Elastic NV
        000000000
        
          
        
        6920.0000000000
        NS
        USD
        1024575.2000000000
        0.1548721607
        Long
        EC
        CORP
        NL
        
        N
        
        1
        
          N
          N
          N
        
      
      
        FEDERATED HERMES INC
        254900VAJ9169N7JRF45
        Federated Government Obligations Fund
        60934N104
        
          
          
        
        4407946
        PA
        USD
        4407946
        0.6662938176
        Long
        EC
        RF
        US
        N
        
        1
        
          
          N
          N
        
      
    
    
      2021-09-27
      Federated Hermes Equity Funds
      Stephen Van Meter
      Federated Hermes Equity Funds
      Chief Compliance Officer
    
  
  XXXX




EDGAR HTML
Federated Hermes MDT Mid Cap Growth Fund
Portfolio of Investments
July 31, 2021 (unaudited)
Shares
 
 
Value
          
 
COMMON STOCKS—98.2%
 
 
 
Communication Services—5.3%
 
165,661
1
Altice USA, Inc.
$5,090,763  
11,004
1
AMC Networks, Inc.
550,640    
18,994
1
IAC/InterActiveCorp.
2,607,686  
40,724
1
Match Group, Inc.
6,486,111  
18,536
 
Nexstar Media Group, Inc., Class A
2,726,090  
87,867
1
Pinterest, Inc.
5,175,366  
21,695
1
Roku, Inc.
9,292,185  
13,757
1
Take-Two Interactive Software, Inc.
2,385,739  
59,018
1
Zynga, Inc.
596,082    
 
 
TOTAL
34,910,662
 
 
Consumer Discretionary—15.6%
 
1,035
1
AutoZone, Inc.
1,680,395  
17,622
1
Boyd Gaming Corp.
1,004,454  
43,903
1
Burlington Stores, Inc.
14,698,725
1,373
1
Carvana Co.
463,470    
5,632
1
Chipotle Mexican Grill, Inc.
10,494,894
28,610
 
Domino’s Pizza, Inc.
15,034,269
8,824
1
Etsy, Inc.
1,619,292  
3,604
1
Expedia Group, Inc.
579,776    
32,596
1
Five Below, Inc.
6,337,314  
58,927
1
Floor & Decor Holdings, Inc.
7,189,683  
75,951
 
L Brands, Inc.
6,081,397  
2,735
1
O’Reilly Automotive, Inc.
1,651,502  
4,103
1
Penn National Gaming, Inc.
280,563    
1,839
1
RH
1,221,243  
19,244
1
Tapestry, Inc.
814,021    
175,427
 
Tempur Sealy International, Inc.
7,590,726  
21,541
 
The Wendy’s Co.
499,967    
5,015
 
Tractor Supply Co.
907,364    
44,001
 
Travel + Leisure Co.
2,279,252  
16,440
1
Ulta Beauty, Inc.
5,520,552  
9,798
1,2
Wayfair, Inc.
2,364,845  
16,790
 
Williams-Sonoma, Inc.
2,547,043  
128,784
1
YETI Holdings, Inc.
12,405,763
 
 
TOTAL
103,266,510
 
 
Consumer Staples—1.8%
 
245,027
2
Albertsons Cos., Inc.
5,292,583  
48,895
 
Energizer Holdings, Inc.
2,095,151  
6,930
1
Herbalife Ltd.
353,014    
150,862
1
Sprouts Farmers Market, Inc.
3,708,188  
284
1
The Boston Beer Co., Inc., Class A
201,640    
 
 
TOTAL
11,650,576
 
 
Energy—0.5%
 
96,964
 
Continental Resources, Inc.
3,311,321  
 
 
Financials—5.5%
 
19,815
 
Citizens Financial Group, Inc.
835,400    
27,395
 
Discover Financial Services
3,405,746  
1

Shares
 
 
Value
          
 
COMMON STOCKS—continued
 
 
 
Financials—continued
 
29,350
 
MSCI, Inc., Class A
$17,491,426
25,522
 
Synchrony Financial
1,200,044  
118,672
 
Tradeweb Markets, Inc.
10,292,423
83,743
 
Virtu Financial, Inc.
2,155,545  
11,384
 
Western Alliance Bancorp
1,056,663  
 
 
TOTAL
36,437,247
 
 
Health Care—18.1%
 
6,540
 
Agilent Technologies, Inc.
1,002,124  
14,597
1
Align Technology, Inc.
10,156,593
8,950
1
Alnylam Pharmaceuticals, Inc.
1,601,513  
288,349
1
Avantor, Inc.
10,836,155
76,745
 
Bruker Corp.
6,312,276  
71,692
 
Cardinal Health, Inc.
4,257,071  
3,796
1
Dexcom, Inc.
1,956,876  
13,344
1
Horizon Therapeutics PLC
1,334,667  
10,362
1
IDEXX Laboratories, Inc.
7,030,928  
70,137
1
IQVIA Holdings, Inc.
17,372,935
23,862
1
Jazz Pharmaceuticals PLC.
4,045,086  
25,943
1
Maravai LifeSciences Holdings, Inc.
1,140,714  
36,622
 
McKesson Corp.
7,464,662  
4,411
1
Mettler-Toledo International, Inc.
6,500,535  
32,933
1
Moderna, Inc.
11,645,109
15,499
1
Molina Healthcare, Inc.
4,231,382  
13,228
1
Neurocrine Biosciences, Inc.
1,232,982  
1,420
1
Repligen Corp.
348,894    
6,499
1
SAGE Therapeutics, Inc.
284,201    
63,201
1
Veeva Systems, Inc.
21,027,605
625
1
Waters Corp.
243,631    
 
 
TOTAL
120,025,939
 
 
Industrials—13.2%
 
15,232
 
Advanced Drainage System, Inc.
1,859,675  
6,637
 
AGCO Corp.
876,814    
77,299
 
Allegion PLC
10,559,043
38,361
 
Allison Transmission Holdings, Inc.
1,530,988  
2,710
1
Axon Enterprise, Inc.
504,114    
27,360
1
Azek Co., Inc.
995,083    
12,820
 
C.H. Robinson Worldwide, Inc.
1,143,159  
8,452
1
CACI International, Inc., Class A
2,256,346  
234,288
 
Carrier Global Corp.
12,944,412
3,189
 
Expeditors International Washington, Inc.
408,989    
4,376
 
Fortune Brands Home & Security, Inc.
426,529    
31,242
1
Generac Holdings, Inc.
13,101,645
22,486
 
Graco, Inc.
1,755,707  
35,506
 
Huntington Ingalls Industries, Inc.
7,283,346  
24,498
1
IAA Spinco, Inc.
1,481,639  
18,889
 
Landstar System, Inc.
2,965,573  
50,156
 
Nielsen Holdings PLC
1,188,196  
2,446
 
Old Dominion Freight Lines, Inc.
658,341    
35,233
 
Pitney Bowes, Inc.
281,864    
107,189
1
R.R. Donnelley & Sons Co.
655,997    
5,675
 
Spirit AeroSystems Holdings, Inc., Class A
245,217    
2,883
1
Transdigm Group, Inc.
1,848,262  
2

Shares
 
 
Value
          
 
COMMON STOCKS—continued
 
 
 
Industrials—continued
 
61,728
 
TransUnion
$7,411,064  
951
1
United Rentals, Inc.
313,402    
169,272
 
Vertiv Holdings Co.
4,746,387  
60,770
1
XPO Logistics, Inc.
8,428,191  
9,879
 
Xylem, Inc.
1,243,272  
 
 
TOTAL
87,113,255
 
 
Information Technology—34.8%
 
8,280
1
Advanced Micro Devices, Inc.
879,253    
12,311
 
Alliance Data Systems Corp.
1,148,001  
35,943
1
Arista Networks, Inc.
13,672,358
64,661
 
Bentley Systems, Inc.
3,932,035  
11,864
1
Bill.Com Holdings, Inc.
2,453,713  
69,915
1
CloudFlare, Inc.
8,294,016  
11,758
1
CommScope Holdings Co., Inc.
248,799    
69,685
1
Crowdstrike Holdings, Inc.
17,672,813
94,555
1
Datadog, Inc.
10,467,239
25,973
1
DocuSign, Inc.
7,740,993  
383,089
1
Dropbox, Inc.
12,063,473
136,569
1
Dynatrace Holdings LLC
8,722,662  
6,920
1
Elastic N.V.
1,024,575  
39,849
1
EPAM Systems, Inc.
22,307,470
12,170
1
FleetCor Technologies, Inc.
3,142,537  
71,169
1
Fortinet, Inc.
19,375,049
10,036
1
Gartner, Inc., Class A
2,656,830  
5,959
1
Globant SA
1,425,154  
34,831
1
HubSpot, Inc.
20,759,973
75,772
 
Jabil, Inc.
4,511,465  
8,387
1
Jamf Holding Corp.
275,177    
29,397
 
KLA Corp.
10,234,860
2,001
 
MKS Instruments, Inc.
313,036    
21,368
 
Monolithic Power Systems
9,599,788  
22,249
 
NortonLifeLock, Inc.
552,220    
189,225
1
Nutanix, Inc.
6,815,885  
55,339
1
ON Semiconductor Corp.
2,161,541  
24,061
1
Palo Alto Networks, Inc.
9,601,542  
5,852
1
Paycom Software, Inc.
2,340,800  
31,003
1
Paylocity Corp.
6,431,882  
29,908
1
Pure Storage, Inc.
583,804    
9,343
1
Smartsheet, Inc.
677,835    
20,622
1
Teradata Corp.
1,024,089  
9,035
 
Teradyne, Inc.
1,147,445  
8,991
 
Universal Display Corp.
2,108,300  
381,457
 
Western Union Co.
8,853,617  
20,652
1
Zscaler, Inc.
4,872,013  
 
 
TOTAL
230,092,242
 
 
Materials—2.7%
 
85,265
1
Axalta Coating Systems Ltd.
2,566,476  
132,252
1
Berry Global Group, Inc.
8,502,481  
5,788
 
Celanese Corp.
901,597    
65,401
 
Chemours Co./The
2,174,583  
4,390
 
LyondellBasell Industries N.V.
436,059    
39,082
 
RPM International, Inc.
3,384,110  
3

Shares
 
 
Value
          
 
COMMON STOCKS—continued
 
 
 
Materials—continued
 
2,630
 
Westlake Chemical Corp.
$218,080    
 
 
TOTAL
18,183,386
 
 
Real Estate—0.7%
 
18,503
 
Extra Space Storage, Inc.
3,222,112  
587
 
SBA Communications, Corp.
200,161    
11,003
 
Simon Property Group, Inc.
1,392,100  
 
 
TOTAL
4,814,373
 
 
TOTAL COMMON STOCKS
(IDENTIFIED COST $493,846,867)
649,805,511
 
 
INVESTMENT COMPANIES—2.5%
 
4,407,946
 
Federated Hermes Government Obligations Fund, Premier Shares, 0.01%3
4,407,946  
11,976,393
 
Federated Hermes Institutional Prime Value Obligations Fund, Institutional Shares, 0.02%3
11,980,552
 
 
TOTAL INVESTMENT COMPANIES
(IDENTIFIED COST $16,386,933)
16,388,498
 
 
TOTAL INVESTMENT IN SECURITIES—100.7%
(IDENTIFIED COST $510,233,800)
666,194,009
 
 
OTHER ASSETS AND LIABILITIES - NET—(0.7)%4
(4,627,753)
 
 
TOTAL NET ASSETS—100%
$661,566,256
Affiliated fund holdings are investment companies which are managed by the Adviser or an affiliate of the Adviser. Transactions with affiliated fund holdings during the period ended July 31, 2021, were as follows:
 
Federated
Hermes
Government
Obligations Fund,
Premier Shares*
Federated
Hermes
Institutional
Prime Value
Obligations Fund,
Institutional Shares
Total of
Affiliated
Transactions
Value as of 10/31/2020
$236,922
$7,589,529
$7,826,451
Purchases at Cost
$25,193,726
$69,461,698
$94,655,424
Proceeds from Sales
$(21,022,702)
$(65,070,920)
$(86,093,622)
Change in Unrealized Appreciation/Depreciation
N/A
$1,721
$1,721
Net Realized Gain/(Loss)
N/A
$(1,476)
$(1,476)
Value as of 7/31/2021
$4,407,946
$11,980,552
$16,388,498
Shares Held as of 7/31/2021
4,407,946
11,976,393
16,384,339
Dividend Income
$186
$5,078
$5,264
*
All or a portion of the balance/activity for the fund relates to cash collateral received on securities lending transactions.
1
Non-income-producing security.
2
All or a portion of these securities are temporarily on loan to unaffiliated broker/dealers. As of July 31, 2021, securities subject to this type of arrangement and
related collateral were as follows:
Market Value of
Securities Loaned
Collateral
Received
$4,274,846
$4,407,946
3
7-day net yield.
4
Assets, other than investments in securities, less liabilities.
Note: The categories of investments are shown as a percentage of total net assets at July 31, 2021.
Investment Valuation
In calculating its net asset value (NAV), the Fund generally values investments as follows:
Equity securities listed on an exchange or traded through a regulated market system are valued at their last reported sale price or official closing price in their principal exchange or market.
Shares of other mutual funds or non-exchange-traded investment companies are valued based upon their reported NAVs.
Derivative contracts listed on exchanges are valued at their reported settlement or closing price, except that options are valued at the mean of closing bid and asked quotations.
4

Over-the-counter (OTC) derivative contracts are fair valued using price evaluations provided by a pricing service approved by the Fund’s Board of Trustees (the “Trustees”).
Fixed-income securities are fair valued using price evaluations provided by a pricing service approved by the Trustees.
For securities that are fair valued in accordance with procedures established by and under the general supervision of the Trustees, certain factors may be considered, such as: the last traded or purchase price of the security, information obtained by contacting the issuer or dealers, analysis of the issuer’s financial statements or other available documents, fundamental analytical data, the nature and duration of restrictions on disposition, the movement of the market in which the security is normally traded, public trading in similar securities or derivative contracts of the issuer or comparable issuers, movement of a relevant index, or other factors including but not limited to industry changes and relevant government actions.
If any price, quotation, price evaluation or other pricing source is not readily available when the NAV is calculated, if the Fund cannot obtain price evaluations from a pricing service or from more than one dealer for an investment within a reasonable period of time as set forth in the Fund’s valuation policies and procedures, or if information furnished by a pricing service, in the opinion of the valuation committee (“Valuation Committee”), is deemed not representative of the fair value of such security, the Fund uses the fair value of the investment determined in accordance with the procedures described below. There can be no assurance that the Fund could obtain the fair value assigned to an investment if it sold the investment at approximately the time at which the Fund determines its NAV per share, and the actual value obtained could be materially different.
Fair Valuation and Significant Events Procedures
The Trustees have ultimate responsibility for determining the fair value of investments for which market quotations are not readily available. The Trustees have appointed a Valuation Committee comprised of officers of the Fund, Federated MDTA LLC (the “Adviser”) and certain of the Adviser’s affiliated companies to assist in determining fair value and in overseeing the calculation of the NAV. The Trustees have also authorized the use of pricing services recommended by the Valuation Committee to provide fair value evaluations of the current value of certain investments for purposes of calculating the NAV. The Valuation Committee employs various methods for reviewing third-party pricing-service evaluations including periodic reviews of third-party pricing services’ policies, procedures and valuation methods (including key inputs, methods, models and assumptions), transactional back-testing, comparisons of evaluations of different pricing services, and review of price challenges by the Adviser based on recent market activity. In the event that market quotations and price evaluations are not available for an investment, the Valuation Committee determines the fair value of the investment in accordance with procedures adopted by the Trustees. The Trustees periodically review and approve the fair valuations made by the Valuation Committee and any changes made to the procedures.
Factors considered by pricing services in evaluating an investment include the yields or prices of investments of comparable quality, coupon, maturity, call rights and other potential prepayments, terms and type, reported transactions, indications as to values from dealers and general market conditions. Some pricing services provide a single price evaluation reflecting the bid-side of the market for an investment (a “bid” evaluation). Other pricing services offer both bid evaluations and price evaluations indicative of a price between the prices bid and asked for the investment (a “mid” evaluation). The Fund normally uses bid evaluations for any U.S. Treasury and Agency securities, mortgage-backed securities and municipal securities. The Fund normally uses mid evaluations for any other types of fixed-income securities and any OTC derivative contracts. In the event that market quotations and price evaluations are not available for an investment, the fair value of the investment is determined in accordance with procedures adopted by the Trustees.
The Trustees also have adopted procedures requiring an investment to be priced at its fair value whenever the Adviser determine that a significant event affecting the value of the investment has occurred between the time as of which the price of the investment would otherwise be determined and the time as of which the NAV is computed. An event is considered significant if there is both an affirmative expectation that the investment’s value will change in response to the event and a reasonable basis for quantifying the resulting change in value. Examples of significant events that may occur after the close of the principal market on which a security is traded, or after the time of a price evaluation provided by a pricing service or a dealer, include:
With respect to securities traded principally in foreign markets, significant trends in U.S. equity markets or in the trading of foreign securities index futures contracts;
Political or other developments affecting the economy or markets in which an issuer conducts its operations or its securities are traded;
Announcements concerning matters such as acquisitions, recapitalizations, litigation developments, or a natural disaster affecting the issuer’s operations or regulatory changes or market developments affecting the issuer’s industry.
The Trustees have adopted procedures whereby the Valuation Committee uses a pricing service to provide factors to update the fair value of equity securities traded principally in foreign markets from the time of the close of their respective foreign stock exchanges to the pricing time of the Fund. For other significant events, the Fund may seek to obtain more current quotations or price evaluations from alternative pricing sources. If a reliable alternative pricing source is not available, the Fund will determine the fair value of the investment in accordance with the fair valuation procedures approved by the Trustees. The Trustees have ultimate responsibility for any fair valuations made in response to a significant event.
Various inputs are used in determining the value of the Fund’s investments. These inputs are summarized in the three broad levels listed below:
Level 1—quoted prices in active markets for identical securities.
Level 2—other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.). Also includes securities valued at amortized cost.
Level 3—significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments).
The inputs or methodology used for valuing securities are not an indication of the risk associated with investing in those securities.
As of July 31, 2021, all investments of the Fund utilized Level 1 inputs in valuing the Fund’s assets carried at fair value.
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