Shares
|
|
|
Value
|
|
|
COMMON STOCKS—98.4%
|
|
|
|
Communication Services—10.4%
|
|
11,384
|
|
Activision Blizzard, Inc.
|
$862,110
|
4,849
|
1
|
Alphabet, Inc., Class A
|
7,836,517
|
200
|
|
Cable One, Inc.
|
346,372
|
785
|
1
|
Charter Communications, Inc.
|
473,999
|
17,303
|
1
|
Facebook, Inc.
|
4,552,592
|
56,532
|
1
|
MSG Networks, Inc.
|
505,396
|
3,381
|
1
|
Netflix, Inc.
|
1,608,477
|
26,089
|
1
|
TripAdvisor, Inc.
|
498,561
|
|
|
TOTAL
|
16,684,024
|
|
|
Consumer Discretionary—15.2%
|
|
2,997
|
1
|
Amazon.com, Inc.
|
9,099,342
|
783
|
1
|
AutoZone, Inc.
|
883,991
|
2,665
|
|
Dollar General Corp.
|
556,212
|
8,036
|
|
Domino’s Pizza, Inc.
|
3,040,180
|
24,530
|
|
eBay, Inc.
|
1,168,364
|
6,936
|
1
|
Etsy, Inc.
|
843,348
|
7,988
|
|
Home Depot, Inc.
|
2,130,479
|
16,071
|
|
Lowe’s Cos., Inc.
|
2,540,825
|
4,005
|
|
McDonald’s Corp.
|
853,065
|
1,535
|
1
|
O’Reilly Automotive, Inc.
|
670,181
|
4,528
|
1
|
Tesla, Inc.
|
1,757,045
|
2,144
|
|
Tractor Supply Co.
|
285,602
|
2,053
|
1
|
Wayfair, Inc.
|
509,206
|
|
|
TOTAL
|
24,337,840
|
|
|
Consumer Staples—3.8%
|
|
11,767
|
|
Church and Dwight, Inc.
|
1,040,085
|
6,189
|
|
Clorox Co.
|
1,282,670
|
4,590
|
|
Costco Wholesale Corp.
|
1,641,476
|
11,557
|
|
Energizer Holdings, Inc.
|
454,768
|
15,326
|
|
Flowers Foods, Inc.
|
361,387
|
1,886
|
|
Hershey Foods Corp.
|
259,249
|
7,233
|
|
PepsiCo, Inc.
|
964,087
|
|
|
TOTAL
|
6,003,722
|
|
|
Financials—2.9%
|
|
7,831
|
1
|
Arch Capital Group Ltd.
|
236,574
|
629
|
|
Marketaxess Holdings, Inc.
|
338,937
|
7,014
|
|
MSCI, Inc., Class A
|
2,453,778
|
1,323
|
|
S&P Global, Inc.
|
426,972
|
9,816
|
|
The Travelers Cos., Inc.
|
1,184,889
|
|
|
TOTAL
|
4,641,150
|
|
|
Health Care—14.7%
|
|
5,829
|
|
Abbott Laboratories
|
612,686
|
4,427
|
|
AbbVie, Inc.
|
376,738
|
7,975
|
1
|
Alexion Pharmaceuticals, Inc.
|
918,241
|
11,452
|
|
Amgen, Inc.
|
2,484,397
|
2,476
|
|
Anthem, Inc.
|
675,453
|
Shares
|
|
|
Value
|
|
|
COMMON STOCKS—continued
|
|
|
|
Health Care—continued
|
|
2,977
|
1
|
Biogen, Inc.
|
$750,412
|
14,583
|
|
Eli Lilly & Co.
|
1,902,498
|
21,910
|
1
|
Hologic, Inc.
|
1,507,846
|
5,821
|
1
|
Horizon Therapeutics PLC.
|
436,168
|
1,488
|
|
Humana, Inc.
|
594,129
|
1,610
|
1
|
IDEXX Laboratories, Inc.
|
683,960
|
2,078
|
1
|
Jazz Pharmaceuticals PLC.
|
299,440
|
30,812
|
|
Merck & Co., Inc.
|
2,317,370
|
621
|
1
|
Mettler-Toledo International, Inc.
|
619,702
|
1,468
|
1
|
Molina Healthcare, Inc.
|
273,738
|
14,137
|
1
|
SAGE Therapeutics, Inc.
|
1,037,373
|
1,726
|
|
UnitedHealth Group, Inc.
|
526,672
|
8,491
|
1
|
Veeva Systems, Inc.
|
2,292,995
|
8,127
|
1
|
Vertex Pharmaceuticals, Inc.
|
1,693,342
|
6,737
|
1
|
Waters Corp.
|
1,501,138
|
13,296
|
|
Zoetis, Inc.
|
2,108,081
|
|
|
TOTAL
|
23,612,379
|
|
|
Industrials—4.5%
|
|
2,426
|
|
Acuity Brands, Inc.
|
216,254
|
15,309
|
|
Carrier Global Corp.
|
511,167
|
9,698
|
|
Flowserve Corp.
|
282,406
|
2,549
|
|
Hubbell, Inc.
|
370,905
|
192,199
|
|
KAR Auction Services, Inc.
|
2,798,417
|
2,816
|
|
Lockheed Martin Corp.
|
985,966
|
68,421
|
|
Spirit AeroSystems Holdings, Inc., Class A
|
1,244,578
|
4,609
|
|
Verisk Analytics, Inc.
|
820,264
|
|
|
TOTAL
|
7,229,957
|
|
|
Information Technology—44.3%
|
|
6,478
|
1
|
Adobe, Inc.
|
2,896,314
|
152,752
|
|
Apple, Inc.
|
16,628,583
|
5,329
|
|
Applied Materials, Inc.
|
315,637
|
2,831
|
1
|
Arista Networks, Inc.
|
591,396
|
3,120
|
1
|
Autodesk, Inc.
|
734,885
|
8,335
|
|
Booz Allen Hamilton Holding Corp.
|
654,297
|
5,084
|
|
Broadcom, Inc.
|
1,777,519
|
36,157
|
1
|
Cadence Design Systems, Inc.
|
3,954,491
|
1,951
|
1
|
Coupa Software, Inc.
|
522,283
|
9,139
|
1
|
Crowdstrike Holdings, Inc.
|
1,131,774
|
2,170
|
1
|
DocuSign, Inc.
|
438,882
|
3,992
|
1
|
EPAM Systems, Inc.
|
1,233,328
|
1,363
|
1
|
FleetCor Technologies, Inc.
|
301,100
|
6,634
|
1
|
Fortinet, Inc.
|
732,195
|
4,714
|
1
|
GoDaddy, Inc.
|
333,468
|
2,096
|
1
|
HubSpot, Inc.
|
607,987
|
9,552
|
1
|
Inphi Corp.
|
1,334,988
|
4,250
|
|
Intuit, Inc.
|
1,337,390
|
6,781
|
1
|
Keysight Technologies, Inc.
|
711,123
|
10,143
|
|
Mastercard, Inc.
|
2,927,676
|
55,420
|
|
Microsoft Corp.
|
11,220,887
|
7,439
|
|
NVIDIA Corp.
|
3,729,617
|
4,724
|
1
|
Okta, Inc.
|
991,237
|
3,939
|
|
Oracle Corp.
|
221,017
|
Shares
|
|
|
Value
|
|
|
COMMON STOCKS—continued
|
|
|
|
Information Technology—continued
|
|
16,845
|
|
Paychex, Inc.
|
$1,385,501
|
22,404
|
1
|
PayPal Holdings, Inc.
|
4,170,057
|
27,881
|
|
Qualcomm, Inc.
|
3,439,400
|
1,665
|
1
|
Salesforce.com, Inc.
|
386,730
|
6,040
|
1
|
ServiceNow, Inc.
|
3,005,323
|
4,463
|
1
|
Square, Inc.
|
691,229
|
2,970
|
1
|
Synopsys, Inc.
|
635,164
|
1,068
|
|
Universal Display Corp.
|
211,795
|
3,276
|
1
|
Verisign, Inc.
|
624,733
|
2,601
|
1
|
Zoom Video Communications, Inc.
|
1,198,827
|
|
|
TOTAL
|
71,076,833
|
|
|
Materials—1.0%
|
|
2,413
|
|
Sherwin-Williams Co.
|
1,660,096
|
|
|
Real Estate—1.6%
|
|
2,941
|
|
American Tower Corp.
|
675,401
|
5,111
|
|
Coresite Realty Corp.
|
610,049
|
4,560
|
|
SBA Communications Corp.
|
1,324,087
|
|
|
TOTAL
|
2,609,537
|
|
|
TOTAL COMMON STOCKS
(IDENTIFIED COST $105,532,012)
|
157,855,538
|
|
|
INVESTMENT COMPANY—1.9%
|
|
2,974,559
|
|
Federated Hermes Institutional Prime Value Obligations Fund, Institutional Shares, 0.10%2
(IDENTIFIED COST $2,975,749)
|
2,975,749
|
|
|
TOTAL INVESTMENT IN SECURITIES—100.3%
(IDENTIFIED COST $108,507,761)
|
160,831,287
|
|
|
OTHER ASSETS AND LIABILITIES - NET—(0.3)%3
|
(432,771)
|
|
|
TOTAL NET ASSETS—100%
|
$160,398,516
|
|
Federated
Hermes
Government
Obligations Fund,
Premier Shares*
|
Federated
Hermes
Institutional
Prime Value
Obligations Fund,
Institutional Shares
|
|
Total of
Affiliated
Transactions
|
Value as of 7/31/2020
|
$640,284
|
$3,806,381
|
|
$4,446,665
|
Purchases at Cost
|
$1,450,332
|
$12,191,591
|
|
$13,641,923
|
Proceeds from Sales
|
$(2,090,616)
|
$(13,021,528)
|
|
$(15,112,144)
|
Change in Unrealized Appreciation/Depreciation
|
N/A
|
$(2,882)
|
|
$(2,882)
|
Net Realized Gain/(Loss)
|
N/A
|
$2,187
|
|
$2,187
|
Value as of 10/31/2020
|
$—
|
$2,975,749
|
|
$2,975,749
|
Shares Held as of 10/31/2020
|
—
|
2,974,559
|
|
2,974,559
|
Dividend Income
|
$0
|
$1,258
|
|
$1,258
|
*
|
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
|
7-day net yield.
|
3
|
Assets, other than investments in securities, less liabilities.
|