Murray Stahl's FHI Position Overview
Murray Stahl (via Horizon Kinetics Asset Management LLC) currently holds 8,419 shares of Federated Hermes, Inc. (FHI) worth $464,897, representing 0.01% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 53 quarters.
Based on 13F filings since 2013, Murray Stahl has maintained a long-term strategic position in FHI, representing a significant commitment to this investment thesis. Largest addition occurred in Q4 2015, adding 236,025 shares. Largest reduction occurred in Q2 2017, reducing 308,944 shares.
Analysis based on 13F filings available since 2013 Q2
Murray Stahl's Federated Hermes (FHI) Holding Value Over Time
Track share changes against reported price movement
Quarterly Federated Hermes (FHI) Trades by Murray Stahl
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q2 2026 | -150 | Reduce 1.75% | 8,419 | $55.22 |
| Q1 2026 | -87 | Reduce 1.01% | 8,569 | $56.71 |
| Q4 2025 | -23 | Reduce 0.27% | 8,656 | $52.07 |
| Q3 2025 | -10,175 | Reduce 53.97% | 8,679 | $51.93 |
| Q2 2025 | -4,008 | Reduce 17.53% | 18,854 | $44.32 |
| Q1 2025 | -2,234 | Reduce 8.90% | 22,862 | $40.77 |
| Q4 2024 | -1,436 | Reduce 5.41% | 25,096 | $41.11 |
| Q3 2024 | -1,707 | Reduce 6.04% | 26,532 | $36.77 |
| Q2 2024 | -7,635 | Reduce 21.28% | 28,239 | $32.88 |
| Q1 2024 | -1,612 | Reduce 4.30% | 35,874 | $36.12 |
| Q4 2023 | -4,185 | Reduce 10.04% | 37,486 | $33.86 |
| Q3 2023 | -4,832 | Reduce 10.39% | 41,671 | $33.87 |
| Q2 2023 | -8,891 | Reduce 16.05% | 46,503 | $35.85 |
| Q1 2023 | +55,394 | New Buy | 55,394 | $40.14 |
| Q4 2022 | -106,064 | Sold Out | 0 | $0.00 |
| Q3 2022 | +73,818 | Add 228.92% | 106,064 | $33.12 |
| Q2 2022 | -600 | Reduce 1.83% | 32,246 | $31.79 |
| Q1 2022 | -1,568 | Reduce 4.56% | 32,846 | $34.07 |
| Q4 2021 | -1,404 | Reduce 3.92% | 34,414 | $37.57 |
| Q3 2021 | -1,114 | Reduce 3.02% | 35,818 | $32.50 |
| Q2 2021 | -169 | Reduce 0.46% | 36,932 | $33.90 |
| Q1 2021 | -647 | Reduce 1.71% | 37,101 | $31.29 |
| Q4 2020 | -2,402 | Reduce 5.98% | 37,748 | $28.90 |
| Q3 2020 | -439 | Reduce 1.08% | 40,150 | $21.52 |
| Q2 2020 | +40,589 | New Buy | 40,589 | $23.70 |
| Q4 2018 | -17,984 | Sold Out | 17,984 | $24.13 |
| Q3 2018 | -3,027 | Reduce 14.41% | 17,984 | $24.13 |
| Q2 2018 | -547 | Reduce 2.54% | 21,011 | $23.32 |
| Q1 2018 | +492 | Add 2.34% | 21,558 | $33.40 |
| Q4 2017 | -3,008 | Reduce 12.49% | 21,066 | $36.08 |
| Q3 2017 | -11,434 | Reduce 32.20% | 24,074 | $29.70 |
| Q2 2017 | -308,944 | Reduce 89.69% | 35,508 | $28.25 |
| Q1 2017 | -21,872 | Reduce 5.97% | 344,452 | $26.34 |
| Q4 2016 | -51,759 | Reduce 12.38% | 366,324 | $28.28 |
| Q3 2016 | +149,671 | Add 55.76% | 418,083 | $29.63 |
| Q2 2016 | -8,081 | Reduce 2.92% | 268,412 | $28.78 |
| Q1 2016 | -35,459 | Reduce 11.37% | 276,493 | $28.85 |
| Q4 2015 | +236,025 | Add 310.86% | 311,952 | $28.65 |
| Q3 2015 | -3,276 | Reduce 4.14% | 75,927 | $28.90 |
| Q2 2015 | +377 | Add 0.48% | 79,203 | $33.50 |
| Q1 2015 | +3,423 | Add 4.54% | 78,826 | $33.88 |
| Q4 2014 | +466 | Add 0.62% | 75,403 | $32.93 |
| Q3 2014 | +2,335 | Add 3.22% | 74,937 | $29.36 |
| Q2 2014 | +20,274 | Add 38.74% | 72,602 | $30.92 |
| Q1 2014 | +42,678 | Add 442.26% | 52,328 | $30.54 |
| Q4 2013 | +406 | Add 4.39% | 9,650 | $28.81 |
| Q3 2013 | +270 | Add 3.01% | 9,244 | $27.15 |
| Q2 2013 | +8,975 | Add 0.00% | 8,974 | $27.41 |
Murray Stahl's Federated Hermes Investment FAQs
Murray Stahl first purchased Federated Hermes, Inc. (FHI) in Q2 2013, acquiring 8,974 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Murray Stahl has held Federated Hermes, Inc. (FHI) for 53 quarters since Q2 2013.
Murray Stahl's largest addition to Federated Hermes, Inc. (FHI) was in Q4 2015, adding 311,952 shares worth $8.94 M.
According to the latest 13F filing for Q2 2026, Murray Stahl's firm, Horizon Kinetics Asset Management LLC, owns 8,419 shares of Federated Hermes, Inc. (FHI), valued at approximately $464,897.
As of the Q2 2026 filing, Federated Hermes, Inc. (FHI) represents approximately 0.01% of Murray Stahl's publicly disclosed stock portfolio, making it one of their key holdings.
Murray Stahl's peak holding in Federated Hermes, Inc. (FHI) was 418,083 shares, as reported at the end of Q3 2016.