# EDGAR Filing Document

**Accession Number:** 0001707560
**File Stem:** 0001707560-26-000105
**Filing Date:** 2026-6
**Character Count:** 47797
**Document Hash:** 34aa02933e180c2d5d46d1bc23d60874
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001707560-26-000105.hdr.sgml**: 20260623

**ACCESSION NUMBER**: 0001707560-26-000105

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260623

**DATE AS OF CHANGE**: 20260623

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Federated Hermes Adviser Series
- **CENTRAL INDEX KEY:** 0001707560

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23259
- **FILM NUMBER:** 261109355

**BUSINESS ADDRESS:**
- **STREET 1:** 4000 ERICSSON DRIVE
- **CITY:** WARRENDALE
- **STATE:** PA
- **ZIP:** 15086-7561
- **BUSINESS PHONE:** 1-800-341-7400

**MAIL ADDRESS:**
- **STREET 1:** 4000 ERICSSON DRIVE
- **CITY:** WARRENDALE
- **STATE:** PA
- **ZIP:** 15086-7561

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Federated Adviser Series
- **DATE OF NAME CHANGE:** 20200616

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Federated Hermes Adviser Series
- **DATE OF NAME CHANGE:** 20200615

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Federated Adviser Series
- **DATE OF NAME CHANGE:** 20180820

## Series and Classes Contracts Data

### Federated Hermes MDT Large Cap Value Fund (Series ID: S000058355)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000191475 | Class A Shares       | FSTRX           |
| C000191476 | Class B Shares       | QBLVX           |
| C000191477 | Class C Shares       | QCLVX           |
| C000191478 | Class R Shares       | QRLVX           |
| C000191479 | Class R6 Shares      | FSTLX           |
| C000191480 | Class T Shares       |  |
| C000191481 | Institutional Shares | FMSTX           |
| C000191482 | Service Shares       | FSTKX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Federated Hermes Adviser Series

- **b. Investment Company Act file number:** 811-23259

- **c. CIK number of Registrant:** 0001707560

- **d. LEI of Registrant:** 2549001OZ5PPTI84LJ34

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** Federated Hermes Funds

  - **City:** Warrendale

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 15086-7561

  - **Telephone number:** 8003417400

**Item A.2. Information about the Series.**

- **a. Name of Series:** Federated Hermes MDT Large Cap Value Fund

- **b. EDGAR series identifier (if any):** S000058355

- **c. LEI of Series:** 254900D747Q9QSAREA69

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-04-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $2347575434.87

**Total Liabilities:** $559478.63

**Net Assets:** $2347015956.24

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000191475 | 1.90%                | -4.11%               | 7.38%                |
| Class ID C000191477 | 1.84%                | -4.16%               | 7.30%                |
| Class ID C000191478 | 1.84%                | -4.13%               | 7.34%                |
| Class ID C000191479 | 1.89%                | -4.05%               | 7.39%                |
| Class ID C000191481 | 1.89%                | -4.08%               | 7.40%                |
| Class ID C000191482 | 1.89%                | -4.10%               | 7.36%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $6948203.15              | $33817547.32                               |
| Month 2  | $-251202.92              | $-95407815.77                              |
| Month 3  | $21649847.52             | $139082179.83                              |

### Schedule of Portfolio Investments

| Name                                            | Title                                        | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| HONEYWELL INTERNATIONAL INC                     | Honeywell International Inc                  | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |     18265 | NS      | $3914737.45   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| PHILIP MORRIS INTERNATIONAL INC                 | Philip Morris International Inc              | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |    191457 | NS      | $31603806.99  | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| DOLLAR TREE INC                                 | Dollar Tree Inc                              | CUSIP: 256746108<br>LEI: 549300PMSTQITB1WHR43 | Long             | EC               | CORP              | US        |    117247 | NS      | $11385856.17  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| DUKE ENERGY CORP                                | Duke Energy Corp                             | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |    210005 | NS      | $27206147.75  | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| 3M COMPANY                                      | 3M Company COM                               | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | EC               | CORP              | US        |     27553 | NS      | $4037065.56   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| AMGEN INC                                       | Amgen Inc                                    | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |     63863 | NS      | $22112563.75  | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| VERIZON COMMUNICATIONS INC                      | Verizon Communications Inc                   | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |    277588 | NS      | $13332551.64  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| CH ROBINSON WORLDWIDE INC                       | CH Robinson Worldwide Inc                    | CUSIP: 12541W209<br>LEI: 529900WNWN5L0OVDHA79 | Long             | EC               | CORP              | US        |     30633 | NS      | $5569385.73   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| NORTHROP GRUMMAN CORP                           | Northrop Grumman Corp                        | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |     23114 | NS      | $13394100.72  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| WALMART INC                                     | Walmart Inc                                  | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |    268345 | NS      | $35402755.85  | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| INTEL CORP                                      | Intel Corp                                   | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |     70557 | NS      | $6666225.36   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| FISERV INC                                      | Fiserv Inc                                   | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |    935859 | NS      | $58631566.35  | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY                                  | Morgan Stanley                               | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |    117625 | NS      | $22418148.75  | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| HUMANA INC                                      | Humana Inc                                   | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |     14996 | NS      | $3545654.24   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| ACCENTURE PLC                                   | Accenture PLC                                | CUSIP: 000000000<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |    227379 | NS      | $40634901.09  | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| CBRE GROUP INC                                  | CBRE Group Inc                               | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |     60859 | NS      | $8686405.07   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| TEXAS INSTRUMENTS INC                           | Texas Instruments Inc. COM                   | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |     65200 | NS      | $18326416.00  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHNSON & JOHNSON                               | Johnson & Johnson                            | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |    121811 | NS      | $27998258.35  | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| MCDONALD'S CORP                                 | McDonald's Corp                              | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |     27572 | NS      | $8094863.48   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| TD SYNNEX CORP                                  | SYNNEX Corp                                  | CUSIP: 87162W100<br>LEI: 5493004HI6PFLF46NS53 | Long             | EC               | CORP              | US        |     50174 | NS      | $11448703.32  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| ANALOG DEVICES INC                              | Analog Devices Inc                           | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |     63028 | NS      | $25353643.28  | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| NEWMONT CORP                                    | Newmont Corp                                 | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |    207330 | NS      | $23032289.70  | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| CARDINAL HEALTH INC                             | Cardinal Health Inc                          | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |     66949 | NS      | $12913123.12  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| GODADDY INC                                     | GoDaddy Inc                                  | CUSIP: 380237107<br>LEI: 549300J8H1TB0I2CB447 | Long             | EC               | CORP              | US        |     69097 | NS      | $5996928.63   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| BOOKING HOLDINGS INC                            | Booking Holdings Inc                         | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |    101336 | NS      | $17060928.96  | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS GROUP INC (THE)                   | Goldman Sachs Group Inc/The                  | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |     10535 | NS      | $9731916.95   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| JP MORGAN CHASE & COMPANY                       | JPMorgan Chase & Co                          | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |    137976 | NS      | $43218222.48  | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| PNC FINANCIAL SERVICES GROUP INC (THE)          | PNC Financial Services Group Inc/The         | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |     25060 | NS      | $5588380.00   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| IRON MOUNTAIN INC (REIT)                        | Iron Mountain Inc                            | CUSIP: 46284V101<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | EC               | CORP              | US        |     42071 | NS      | $5300525.29   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| SBA COMMUNICATIONS CORP                         | SBA Communications Corp                      | CUSIP: 78410G104<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | EC               | CORP              | US        |     71058 | NS      | $15718029.60  | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| CELANESE CORP                                   | Celanese Corp                                | CUSIP: 150870103<br>LEI: 549300FHJQTDPPN41627 | Long             | EC               | CORP              | US        |    565493 | NS      | $38317805.68  | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| ADVANCE AUTO PARTS INC                          | Advance Auto Parts Inc                       | CUSIP: 00751Y106<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | EC               | CORP              | US        |    604891 | NS      | $35997063.41  | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| PEPSICO INC                                     | PepsiCo Inc                                  | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |    113773 | NS      | $18031882.77  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| EDISON INTERNATIONAL                            | Edison International                         | CUSIP: 281020107<br>LEI: 549300I7ROF15MAEVP56 | Long             | EC               | CORP              | US        |    127508 | NS      | $8860530.92   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM INC                                  | Amazon.com Inc                               | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     66085 | NS      | $17516490.10  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITEDHEALTH GROUP INC                          | UnitedHealth Group Inc                       | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |     57560 | NS      | $21324828.80  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| KIMBERLY CLARK CORP                             | Kimberly-Clark Corp                          | CUSIP: 494368103<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | EC               | CORP              | US        |     69514 | NS      | $6842263.02   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| PRUDENTIAL FINANCIAL INC                        | Prudential Financial Inc                     | CUSIP: 744320102<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | EC               | CORP              | US        |    218682 | NS      | $21454891.02  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| FIVE BELOW INC                                  | Five Below Inc                               | CUSIP: 33829M101<br>LEI: 529900AAXP5Z6BGI7418 | Long             | EC               | CORP              | US        |    117405 | NS      | $27667662.30  | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| STATE STREET CORP                               | State Street Corp                            | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |    236914 | NS      | $36209935.76  | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| ARCH CAPITAL GROUP LTD                          | Arch Capital Group Ltd                       | CUSIP: 000000000<br>LEI: 549300AYR4P8AFKDCE43 | Long             | EC               | CORP              | BM        |     97691 | NS      | $9227891.86   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| VALERO ENERGY CORP                              | Valero Energy Corp                           | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |     29997 | NS      | $7576642.26   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| CISCO SYSTEMS INC                               | Cisco Systems Inc                            | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |    336962 | NS      | $30832023.00  | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| NORTHERN TRUST CORP                             | Northern Trust Corp                          | CUSIP: 665859104<br>LEI: 549300GLF98S992BC502 | Long             | EC               | CORP              | US        |    151559 | NS      | $25210324.06  | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CHENIERE ENERGY INC                             | Cheniere Energy Inc                          | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |     97604 | NS      | $26836219.80  | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| FORTINET INC                                    | Fortinet Inc                                 | CUSIP: 34959E109<br>LEI: 549300O0QJWDBAS0QX03 | Long             | EC               | CORP              | US        |     57938 | NS      | $4884752.78   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| LENNOX INTERNATIONAL INC                        | Lennox International Inc                     | CUSIP: 526107107<br>LEI: S7DWAC87RDMPBF77GJ92 | Long             | EC               | CORP              | US        |     19140 | NS      | $10237794.60  | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| AUTOMATIC DATA PROCESSING INC                   | AUTOMATIC DATA PROCESSING INC COM            | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |     43229 | NS      | $9161954.26   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| META PLATFORMS INC                              | Meta Platforms Inc                           | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     16515 | NS      | $10105693.65  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| TRAVELERS COMPANIES INC (THE)                   | Travelers Cos Inc/The                        | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |    206123 | NS      | $62896372.22  | 2.68%             |  |  |  | No            |                  1 | On Loan: No      |
| BIOGEN INC                                      | Biogen Inc                                   | CUSIP: 09062X103<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | EC               | CORP              | US        |     28220 | NS      | $5341481.60   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| ESTEE LAUDER COMPANIES INC (THE)                | Estee Lauder Cos Inc/The                     | CUSIP: 518439104<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | EC               | CORP              | US        |    166313 | NS      | $12757870.23  | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| TRANE TECHNOLOGIES PLC                          | Trane Technologies PLC                       | CUSIP: 000000000<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | IE        |     33414 | NS      | $16457731.56  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| PPG INDUSTRIES INC                              | PPG Industries Inc                           | CUSIP: 693506107<br>LEI: 549300BKPEP01R3V6C59 | Long             | EC               | CORP              | US        |     60608 | NS      | $6575968.00   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| CHARLES SCHWAB CORP (THE)                       | Charles Schwab Corp/The                      | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |    185444 | NS      | $16994088.16  | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| GE AEROSPACE                                    | General Electric Co                          | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |     58527 | NS      | $16968733.11  | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTHWEST AIRLINES COMPANY                      | Southwest Airlines Co                        | CUSIP: 844741108<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | EC               | CORP              | US        |    433023 | NS      | $16420232.16  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| EXELON CORP                                     | Exelon Corp                                  | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |    620618 | NS      | $28542221.82  | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| UNION PACIFIC CORP                              | Union Pacific Corp                           | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |     65713 | NS      | $17708339.24  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| KILROY REALTY CORP                              | Kilroy Realty Corp                           | CUSIP: 49427F108<br>LEI: 549300CXXI18B214UN80 | Long             | EC               | CORP              | US        |    392923 | NS      | $13068618.98  | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| ELANCO ANIMAL HEALTH INC                        | Elanco Animal Health Inc                     | CUSIP: 28414H103<br>LEI: 549300SHPNDCE059M934 | Long             | EC               | CORP              | US        |    453875 | NS      | $10153183.75  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| ABBOTT LABORATORIES                             | Abbott Laboratories                          | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |    182946 | NS      | $16609667.34  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| CHARLES RIVER LABORATORIES INTERNATIONAL INC    | Charles River Laboratories International Inc | CUSIP: 159864107<br>LEI: 549300BSQ0R4UZ5KX287 | Long             | EC               | CORP              | US        |     56321 | NS      | $9403917.37   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| TERADYNE INC                                    | Teradyne Inc                                 | CUSIP: 880770102<br>LEI: C3X4YJ278QNZHRJULN75 | Long             | EC               | CORP              | US        |    117007 | NS      | $40188394.29  | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLTOWER INC                                   | Welltower Inc                                | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |     78256 | NS      | $17008159.04  | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROCHIP TECHNOLOGY INC                        | Microchip Technology Inc                     | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               | CORP              | US        |     63923 | NS      | $5939085.93   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| OTIS WORLDWIDE CORP                             | Otis Worldwide Corp                          | CUSIP: 68902V107<br>LEI: 549300ZLBKR8VSU25153 | Long             | EC               | CORP              | US        |    101641 | NS      | $7915801.08   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| HEWLETT PACKARD ENTERPRISE COMPANY              | Hewlett Packard Enterprise Co                | CUSIP: 42824C109<br>LEI: 549300BX44RGX6ANDV88 | Long             | EC               | CORP              | US        |    577274 | NS      | $16608172.98  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLIED MATERIALS INC                           | Applied Materials Inc                        | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |     22282 | NS      | $8790026.18   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| TRANSDIGM GROUP INC                             | TransDigm Group Inc                          | CUSIP: 893641100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11365 | NS      | $13183172.70  | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| EBAY INC                                        | eBay Inc                                     | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               | CORP              | US        |    105790 | NS      | $10947149.20  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| SALESFORCE INC                                  | salesforce.com Inc                           | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |     79969 | NS      | $14116927.57  | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| BERKSHIRE HATHAWAY INC                          | Berkshire Hathaway Inc                       | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |      8527 | NS      | $4038387.20   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| WILLIAMS COMPANIES INC (THE)                    | Williams Cos Inc/The                         | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |    148510 | NS      | $11332798.10  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF NEW YORK MELLON CORP (THE)              | Bank of New York Mellon Corp/The             | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |    379861 | NS      | $51041922.57  | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| POPULAR INC                                     | Popular Inc                                  | CUSIP: 733174700<br>LEI: 5493008CARDZMVQ3LO89 | Long             | EC               | CORP              | PR        |    160948 | NS      | $24195312.84  | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| EMERSON ELECTRIC COMPANY                        | Emerson Electric Co                          | CUSIP: 291011104<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | EC               | CORP              | US        |     68426 | NS      | $9609747.44   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| ALCOA CORP                                      | Alcoa Corp                                   | CUSIP: 013872106<br>LEI: 549300T12EZ1F6PWWU29 | Long             | EC               | CORP              | US        |    100093 | NS      | $6384932.47   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| MICRON TECHNOLOGY INC                           | Micron Technology Inc                        | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |     94523 | NS      | $48883514.68  | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| PHILLIPS 66                                     | Phillips 66                                  | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               | CORP              | US        |     59748 | NS      | $10703854.20  | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| MARATHON PETROLEUM CORP                         | Marathon Petroleum Corp                      | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               | CORP              | US        |     89172 | NS      | $22140515.88  | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| GE VERNOVA INC                                  | GE Vernova Inc                               | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |     37888 | NS      | $41050132.48  | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL DYNAMICS CORP                           | General Dynamics Corp                        | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |     93833 | NS      | $32306701.90  | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| SL GREEN REALTY CORP                            | SL Green Realty Corp                         | CUSIP: 78440X887<br>LEI: 549300VQZPJU97H3GT17 | Long             | EC               | CORP              | US        |    238061 | NS      | $10096167.01  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| MAPLEBEAR INC                                   | Maplebear Inc                                | CUSIP: 565394103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    223200 | NS      | $9452520.00   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERIPRISE FINANCIAL INC                        | Ameriprise Financial Inc                     | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |     55984 | NS      | $26580643.36  | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| GILEAD SCIENCES INC                             | Gilead Sciences Inc                          | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |    139189 | NS      | $18211488.76  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG RESOURCES INC                               | EOG Resources Inc                            | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |    188134 | NS      | $26445996.38  | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| FIDELITY NATIONAL FINANCIAL INC                 | Fidelity National Financial Inc              | CUSIP: 31620R303<br>LEI: 549300CAZYIH39SYQ287 | Long             | EC               | CORP              | US        |    123506 | NS      | $6459363.80   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| REGENERON PHARMACEUTICALS INC                   | Regeneron Pharmaceuticals Inc                | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |     31067 | NS      | $21966233.02  | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL MOTORS COMPANY                          | General Motors Co                            | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |    284107 | NS      | $21844987.23  | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| EATON CORP PLC                                  | Eaton Corp PLC                               | CUSIP: 000000000<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |     27940 | NS      | $12098299.40  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| CBOE GLOBAL MARKETS INC                         | Cboe Global Markets Inc                      | CUSIP: 12503M108<br>LEI: 529900RLNSGA90UPEH54 | Long             | EC               | CORP              | US        |     43324 | NS      | $13001099.16  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| SYNCHRONY FINANCIAL                             | Synchrony Financial                          | CUSIP: 87165B103<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EC               | CORP              | US        |    148409 | NS      | $11308765.80  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| LOCKHEED MARTIN CORP                            | Lockheed Martin Corp                         | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |     40062 | NS      | $20750914.14  | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| FOX CORP                                        | Fox Corp                                     | CUSIP: 35137L105<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |    269067 | NS      | $17083063.83  | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| ULTA BEAUTY INC                                 | Ulta Beauty Inc                              | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               | CORP              | US        |      9198 | NS      | $4943741.04   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| MODERNA INC                                     | Moderna Inc                                  | CUSIP: 60770K107<br>LEI: 549300EI6OKH5K5Q2G38 | Long             | EC               | CORP              | US        |    236315 | NS      | $10856311.10  | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| MASCO CORP                                      | Masco Corp                                   | CUSIP: 574599106<br>LEI: 5GCSNMQXHEYA1JO8QN11 | Long             | EC               | CORP              | US        |     86575 | NS      | $6217816.50   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| KROGER COMPANY (THE)                            | Kroger Co/The                                | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               | CORP              | US        |    152931 | NS      | $10410013.17  | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| CHARTER COMMUNICATIONS INC                      | Charter Communications Inc                   | CUSIP: 16119P108<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Long             | EC               | CORP              | US        |     18487 | NS      | $3053497.79   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| EXXON MOBIL CORP                                | Exxon Mobil Corp                             | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |    285030 | NS      | $43988679.90  | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| ABBVIE INC                                      | AbbVie Inc                                   | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |    155873 | NS      | $32939082.36  | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTHERN COMPANY (THE)                          | Southern Co/The                              | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |     51804 | NS      | $5009446.80   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| MOLSON COORS BEVERAGE COMPANY                   | Molson Coors Beverage Co                     | CUSIP: 60871R209<br>LEI: 54930073LBBH6ZCBE225 | Long             | EC               | CORP              | US        |     91928 | NS      | $3929002.72   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| CATERPILLAR INC                                 | Caterpillar Inc                              | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |     10767 | NS      | $9583814.37   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN ELECTRIC POWER COMPANY INC             | American Electric Power Co Inc               | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |     70366 | NS      | $9647882.26   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC                                    | Alphabet Inc                                 | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    312494 | NS      | $120247691.20 | 5.12%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM INC                                    | QUALCOMM Inc                                 | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |    110661 | NS      | $19872502.38  | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX COMPANIES INC (THE)                         | TJX Cos Inc/The                              | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |     79128 | NS      | $12403314.00  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERACTIVE BROKERS GROUP INC                   | Interactive Brokers Group Inc                | CUSIP: 45841N107<br>LEI: 5493004DT6DCDUZNDM53 | Long             | EC               | CORP              | US        |    180862 | NS      | $14378529.00  | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| FEDERATED HERMES MONEY MARKET OBLIGATIONS TRUST | Federated Hermes Government Obligations Fund | CUSIP: 608919718<br>LEI: 254900VAJ9169N7JRF45 | Long             | STIV             | RF                | US        |  50694473 | NS      | $50694472.68  | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| ILLUMINA INC                                    | Illumina Inc                                 | CUSIP: 452327109<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | EC               | CORP              | US        |    149104 | NS      | $18897440.96  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX CORP                                        | Raytheon Technologies Corp                   | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |     82689 | NS      | $14559052.23  | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| PINNACLE WEST CAPITAL CORP                      | Pinnacle West Capital Corp. COM              | CUSIP: 723484101<br>LEI: TWSEY0NEDUDCKS27AH81 | Long             | EC               | CORP              | US        |    161752 | NS      | $16776917.44  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| LULULEMON ATHLETICA INC                         | Lululemon Athletica Inc                      | CUSIP: 550021109<br>LEI: 549300D9GZ4BMLDW5T40 | Long             | EC               | CORP              | US        |    206048 | NS      | $28372809.60  | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T INC                                        | AT&T Inc                                     | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |    543426 | NS      | $14199721.38  | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| INCYTE CORP                                     | Incyte Corp                                  | CUSIP: 45337C102<br>LEI: 549300Z4WN6JVZ3T4680 | Long             | EC               | CORP              | US        |     79806 | NS      | $7603117.62   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| DEVON ENERGY CORP                               | Devon Energy Corp                            | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |    219192 | NS      | $11259893.04  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| HARTFORD INSURANCE GROUP INC (THE)              | Hartford Financial Services Group Inc/The    | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |    163945 | NS      | $22429315.45  | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| SPX TECHNOLOGIES INC                            | SPX Technologies Inc                         | CUSIP: 78473E103<br>LEI: P761FCI0CPOG24I8JE10 | Long             | EC               | CORP              | US        |     91262 | NS      | $19978164.42  | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| DTE ENERGY COMPANY                              | DTE Energy Co                                | CUSIP: 233331107<br>LEI: 549300IX8SD6XXD71I78 | Long             | EC               | CORP              | US        |     45521 | NS      | $6905080.49   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED AIRLINES HOLDINGS INC                    | United Airlines Holdings Inc                 | CUSIP: 910047109<br>LEI: 98450079DA0B78DD6764 | Long             | EC               | CORP              | US        |     99082 | NS      | $8917380.00   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| VERALTO CORP                                    | Veralto Corp                                 | CUSIP: 92338C103<br>LEI: 635400FJE6GSOJUSNY27 | Long             | EC               | CORP              | US        |    257379 | NS      | $22700827.80  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| ALIGN TECHNOLOGY INC                            | Align Technology Inc                         | CUSIP: 016255101<br>LEI: 549300N5YSE0U3LCP840 | Long             | EC               | CORP              | US        |     98629 | NS      | $17359690.29  | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| VEEVA SYSTEMS INC                               | Veeva Systems Inc                            | CUSIP: 922475108<br>LEI: 549300YZEXPDB92M2F02 | Long             | EC               | CORP              | US        |     74163 | NS      | $11567203.11  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-06-23

**Name of Applicant:** Federated Hermes Adviser Series

**Signature:** Stephen Van Meter

**Name of Signer:** Federated Hermes Adviser Series

**Title:** Chief Compliance Officer