WULFF, HANSEN & CO.

CIK

108634

Location

SAN RAFAEL, CA

Portfolio Value

Micro $84,730,222

Diversification

Diversified

Filing Date

Global Rank

#5,681 / 8,232 ▼ 14

Top Industry

Aerospace & Defense 11.3%

3Y Alpha vs SPY

-4.0%

Period ended 2 months ago

Filed May 7, 2026 · 38d

18 quarters · since Dec 2021

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+59.4%

SPY

+76.3%

Annualised alpha

-4.0%

Max drawdown

−16.0%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

78 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

4.8%

−3.2 pts

Top 5

22.5%

−4.8 pts

Top 10

37.0%

−6.2 pts

HHI

230

Diversified−50

Portfolio Trend

18 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Industrials	23.2%	$19,620,827	18
Financial Services	14.9%	$12,607,464	10
Technology	13.5%	$11,403,665	8
Consumer Defensive	12.5%	$10,568,497	9
Consumer Cyclical	9.1%	$7,723,288	6
Healthcare	7.7%	$6,545,190	7
Utilities	7.7%	$6,503,183	7
Energy	4.0%	$3,383,037	3
Basic Materials	3.9%	$3,315,940	4
Real Estate	1.5%	$1,272,509	2
Communication Services	1.2%	$1,016,087	3
Unclassified	0.9%	$770,535	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

12 positions

Ticker	Company	Δ Shares	Shares	Value
AMZN	Amazon Com Inc	+295	19,715	$4,106,043
MSFT	Microsoft Corp	+214	9,415	$3,485,150
META	Meta Platforms, Inc.	+110	430	$246,015
MA	Mastercard Inc	+105	980	$489,666
TSLA	Tesla, Inc.	+82	1,112	$413,386
BRK-B	Berkshire Hathaway Inc	+60	3,822	$1,831,502
AAPL	Apple Inc.	+52	14,970	$3,799,236
GE	General Electric Co	+40	9,180	$2,605,008
COST	Costco Wholesale Corp /New	+28	2,047	$2,039,692
GPC	Genuine Parts Co	+20	10,355	$1,095,041
V	Visa Inc.	+10	5,065	$1,530,845
MCO	Moodys Corp /De/	+10	655	$285,743
No positions match the current search.

Trimmed

Positions the filer reduced

18 positions

Ticker	Company	Δ Shares	Shares	Value
WLDN	Willdan Group, Inc.	−2,116	15,389	$1,178,181
INTC	Intel Corp	−920	11,896	$524,970
MDLZ	Mondelez International, Inc.	−750	21,780	$1,255,399
CSX	Csx Corp	−737	58,303	$2,393,338
BAC	Bank Of America Corp /De/	−520	44,128	$2,151,240
SO	Southern Co	−265	7,383	$712,607
CWT	California Water Service Group	−250	19,375	$878,462
NVDA	Nvidia Corp	−236	8,519	$1,485,713
PG	PROCTER & GAMBLE Co	−185	19,619	$2,833,768
CAT	Caterpillar Inc	−150	1,745	$1,236,262
BAM	Brookfield Asset Management Ltd.	−143	7,687	$341,687
CVX	Chevron Corp	−120	7,355	$1,521,749
JNJ	Johnson & Johnson	−90	9,385	$2,294,069
BIPC	Brookfield Infrastructure Corp	−82	7,373	$291,380
PM	Philip Morris International Inc.	−65	10,025	$1,657,533
LIN	Linde PLC	−44	720	$356,947
DE	Deere & Co	−30	785	$442,190
BA	Boeing Co	−1	5,450	$1,084,713
No positions match the current search.

New Positions

Positions the filer opened this quarter

2 positions

Ticker	Company	Shares	Value
CLH	Clean Harbors Inc	768	$220,208
GLW	Corning Inc /Ny	1,484	$201,779
No positions match the current search.

Sold Out

Positions the filer fully exited

5 positions

Ticker	Company	Shares	Value
BX	Blackstone Inc.	52,149	$8,038,246
GOOGL	Alphabet Inc.	19,445	$6,086,285
DHR	Danaher Corp /De/	1,020	$233,498
FISV	Fiserv Inc	3,015	$202,517
HPQ	Hp Inc	9,081	$202,324
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

78 positions · $84,730,222 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 78 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AMZN	Amazon Com Inc Consumer Cyclical	Added	19,715	+295	$4,106,043	−8.4%	4.85%
RTX	RTX Corp Industrials	Held	21,227	0	$4,094,688	+5.2%	4.83%
AAPL	Apple Inc. Technology	Added	14,970	+52	$3,799,236	−6.3%	4.48%
JPM	Jpmorgan Chase & Co Financial Services	Held	12,101	0	$3,559,630	−8.7%	4.20%
MSFT	Microsoft Corp Technology	Added	9,415	+214	$3,485,150	−21.7%	4.11%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	19,619	-185	$2,833,768	−0.2%	3.34%
GE	General Electric Co Industrials	Added	9,180	+40	$2,605,008	−7.5%	3.07%
CSX	Csx Corp Industrials	Reduced	58,303	-737	$2,393,338	+11.8%	2.82%
JNJ	Johnson & Johnson Healthcare	Reduced	9,385	-90	$2,294,069	+17.0%	2.71%
BAC	Bank Of America Corp /De/ Financial Services	Reduced	44,128	-520	$2,151,240	−12.4%	2.54%
MRK	Merck & Co., Inc. Healthcare	Held	17,525	0	$2,108,082	+14.3%	2.49%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	2,047	+28	$2,039,692	+17.2%	2.41%
BN	BROOKFIELD Corp /ON/ Financial Services	Held	49,190	0	$1,990,719	−11.8%	2.35%
BIPH	Brookfield Infrastructure Partners L.P. Utilities	Held	51,106	0	$1,845,948	+4.0%	2.18%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	3,822	+60	$1,831,502	−3.1%	2.16%
PM	Philip Morris International Inc. Consumer Defensive	Reduced	10,025	-65	$1,657,533	+2.4%	1.96%
GEV	GE Vernova Inc. Industrials	Held	1,784	0	$1,557,253	+33.6%	1.84%
V	Visa Inc. Financial Services	Added	5,065	+10	$1,530,845	−13.7%	1.81%
CVX	Chevron Corp Energy	Reduced	7,355	-120	$1,521,749	+33.6%	1.80%
FCX	Freeport-Mcmoran Inc Basic Materials	Held	25,799	0	$1,516,465	+15.7%	1.79%
NVDA	Nvidia Corp Technology	Reduced	8,519	-236	$1,485,713	−9.0%	1.75%
XOM	Exxon Mobil Corp Energy	Held	7,895	0	$1,339,465	+41.0%	1.58%
WMT	Walmart Inc. Consumer Defensive	Held	10,733	0	$1,333,897	+11.6%	1.57%
HD	Home Depot, Inc. Consumer Cyclical	Held	4,054	0	$1,333,320	−4.4%	1.57%
AWK	American Water Works Company, Inc. Utilities	Held	9,475	0	$1,289,452	+4.3%	1.52%
LMT	Lockheed Martin Corp Industrials	Held	2,112	0	$1,276,471	+25.0%	1.51%
MDLZ	Mondelez International, Inc. Consumer Defensive	Reduced	21,780	-750	$1,255,399	+3.5%	1.48%
CAT	Caterpillar Inc Industrials	Reduced	1,745	-150	$1,236,262	+13.9%	1.46%
WLDN	Willdan Group, Inc. Industrials	Reduced	15,389	-2,116	$1,178,181	−35.1%	1.39%
GPC	Genuine Parts Co Consumer Cyclical	Added	10,355	+20	$1,095,041	−13.8%	1.29%
BA	Boeing Co Industrials	Reduced	5,450	-1	$1,084,713	−8.3%	1.28%
DUK	Duke Energy CORP Utilities	Held	7,950	0	$1,040,973	+11.7%	1.23%
AVGO	Broadcom Inc. Technology	Held	3,045	0	$942,457	−10.6%	1.11%
WM	Waste Management Inc Industrials	Held	3,893	0	$894,572	+4.6%	1.06%
DLR	Digital Realty Trust, Inc. Real Estate	Held	4,961	0	$894,021	+16.5%	1.06%
CWT	California Water Service Group Utilities	Reduced	19,375	-250	$878,462	+3.3%	1.04%
MP	MP Materials Corp. / DE Basic Materials	Held	16,451	0	$793,925	−4.5%	0.94%
QQQ	Invesco Qqq Trust, Series 1	Held	1,335	0	$770,535	−6.0%	0.91%
SO	Southern Co Utilities	Reduced	7,383	-265	$712,607	+6.9%	0.84%
HCC	Warrior Met Coal, Inc. Basic Materials	Held	6,963	0	$648,603	+5.6%	0.77%
HVT	Haverty Furniture Companies Inc Consumer Cyclical	Held	30,522	0	$646,455	−9.3%	0.76%
MSI	Motorola Solutions, Inc. Technology	Held	1,481	0	$642,709	+13.2%	0.76%
ABBV	AbbVie Inc. Healthcare	Held	2,660	0	$578,523	−4.8%	0.68%
CP	Canadian Pacific Kansas City Ltd/Cn Industrials	Held	7,039	0	$553,687	+6.8%	0.65%
VZ	Verizon Communications Inc Communication Services	Held	10,671	0	$535,684	+23.3%	0.63%
INTC	Intel Corp Technology	Reduced	11,896	-920	$524,970	+11.0%	0.62%
SHEL	Shell plc Energy	Held	5,611	0	$521,823	+26.6%	0.62%
LLY	ELI LILLY & Co Healthcare	Held	555	0	$510,472	−14.4%	0.60%
MA	Mastercard Inc Financial Services	Added	980	+105	$489,666	−2.0%	0.58%
GIS	General Mills Inc Consumer Defensive	Held	13,140	0	$489,070	−20.0%	0.58%