FERGUSON WELLMAN CAPITAL MANAGEMENT, INC

CIK

869353

Location

PORTLAND, OR

Portfolio Value

Mid $5,726,341,411

Diversification

Diversified

Filing Date

Global Rank

#467 / 8,232 ▲ 52

Top Industry

Semiconductors 12.0%

3Y Alpha vs SPY

-2.3%

Period ended 2 months ago

Filed May 1, 2026 · 43d

25 quarters · since Mar 2020

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

+66.8%

SPY

+76.5%

Annualised alpha

-2.3%

Max drawdown

−16.8%

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

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

Top Position

6.1%

−2.4 pts

Top 5

27.6%

−5.4 pts

Top 10

42.5%

−5.3 pts

HHI

268

Diversified−69

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	29.4%	$1,685,697,803	37
Financial Services	15.9%	$912,040,732	50
Healthcare	11.8%	$675,061,568	29
Communication Services	8.5%	$485,371,276	9
Industrials	7.2%	$412,171,079	39
Consumer Cyclical	7.1%	$408,558,291	22
Consumer Defensive	6.4%	$367,489,175	19
Utilities	5.8%	$333,057,370	13
Energy	5.0%	$287,695,113	14
Basic Materials	1.5%	$87,991,155	15
Real Estate	0.8%	$45,909,969	6
Unclassified	0.4%	$25,297,880	5

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
HON	Honeywell International Inc	+298,784	487,448	$110,177,871
JNJ	Johnson & Johnson	+201,519	469,028	$114,649,203
PANW	Palo Alto Networks Inc	+178,401	197,529	$31,667,848
NKE	NIKE, Inc.	+154,862	605,675	$31,991,753
AMZN	Amazon Com Inc	+93,323	734,228	$152,917,664
SCHW	Schwab Charles Corp	+59,078	389,361	$36,592,145
PG	PROCTER & GAMBLE Co	+52,655	902,492	$130,355,944
MCK	Mckesson Corp	+26,903	27,301	$23,625,192
AEP	American Electric Power Co Inc	+14,480	901,052	$118,109,896
WFC	Wells Fargo & Company/Mn	+13,852	978,312	$77,883,418
KMI	Kinder Morgan, Inc.	+11,637	718,327	$24,085,504
T	At&T Inc.	+11,255	1,595,548	$46,254,936
VZ	Verizon Communications Inc	+10,373	553,850	$27,803,270
MU	Micron Technology Inc	+8,955	109,887	$37,124,224
AMGN	Amgen Inc	+5,300	319,238	$112,323,890
AAPL	Apple Inc.	+5,015	1,364,565	$346,312,950
BRK-B	Berkshire Hathaway Inc	+4,718	67,985	$32,578,412
NRG	Nrg Energy, Inc.	+3,729	169,862	$24,823,632
EWBC	East West Bancorp Inc	+3,171	239,883	$25,609,909
JPM	Jpmorgan Chase & Co	+3,168	748,885	$220,292,011
CVX	Chevron Corp	+3,123	901,505	$186,521,384
UBER	Uber Technologies, Inc	+2,520	819,584	$58,952,677
MS	Morgan Stanley	+2,488	324,821	$53,455,791
STT	State Street Corp	+2,147	1,010,246	$127,856,733
COR	Cencora, Inc.	+1,582	212,070	$66,619,669
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
MRK	Merck & Co., Inc.	−374,694	385,956	$46,426,647
CSCO	Cisco Systems, Inc.	−318,947	1,566,744	$121,563,666
ETR	Entergy Corp /De/	−223,691	1,411,147	$158,556,476
ADP	Automatic Data Processing Inc	−199,673	35,578	$7,228,737
WMT	Walmart Inc.	−172,545	953,909	$118,551,809
GOOGL	Alphabet Inc.	−101,346	1,210,473	$348,083,615
EMR	Emerson Electric Co	−73,460	223,323	$29,259,779
MSFT	Microsoft Corp	−71,911	908,381	$336,255,394
SOLS	Solstice Advanced Materials Inc.	−43,763	2,735	$208,297
AJG	Arthur J. Gallagher & Co.	−26,224	48,122	$10,422,262
AMP	Ameriprise Financial Inc	−16,662	42,414	$18,848,781
QCOM	Qualcomm Inc/De	−11,506	6,503	$837,456
USB	US Bancorp De	−11,399	54,997	$2,860,393
NVDA	Nvidia Corp	−9,709	1,875,623	$327,108,650
ABT	Abbott Laboratories	−9,344	176,556	$18,127,003
PEP	Pepsico Inc	−8,102	39,882	$6,193,275
TMUS	T-Mobile US, Inc.	−7,811	3,137	$658,864
AVGO	Broadcom Inc.	−6,265	701,065	$216,986,627
AAON	Aaon, Inc.	−5,345	166,031	$13,739,065
CRWD	CrowdStrike Holdings, Inc.	−4,008	20,293	$7,922,589
PM	Philip Morris International Inc.	−3,922	482,648	$79,801,020
AVB	Avalonbay Communities Inc	−3,802	250,554	$40,927,995
PPG	Ppg Industries Inc	−3,710	7,293	$779,475
GLW	Corning Inc /Ny	−3,480	15,285	$2,078,301
PFE	Pfizer Inc	−3,466	31,358	$880,532
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
TSM	Taiwan Semiconductor Manufacturing Co Ltd	139,934	$47,290,695
SMFG	Sumitomo Mitsui Financial Group, Inc.	1,711,455	$33,801,236
CRH	Crh Public Ltd Co	288,274	$30,303,362
NVS	Novartis AG	182,356	$27,854,879
APP	AppLovin Corp	65,144	$25,927,312
FCX	Freeport-Mcmoran Inc	436,368	$25,649,711
BCS	Barclays PLC	1,167,509	$24,704,490
SONY	Sony Group Corp	1,156,193	$23,933,195
CNQ	Canadian Natural Resources Ltd	486,675	$23,715,672
NGG	National Grid PLC	251,502	$21,277,069
BHP	BHP Group Ltd	255,584	$18,591,180
UPS	United Parcel Service Inc	102,112	$10,045,777
SCCO	Southern Copper Corp/	40,897	$7,036,737
CB	Chubb Ltd	6,595	$2,149,508
SHEL	Shell plc	17,665	$1,642,845
GLD	Spdr Gold Trust	3,430	$1,475,894
RY	Royal Bank Of Canada	6,216	$1,005,624
FERG	Ferguson Enterprises Inc. /DE/	4,066	$948,434
IX	Orix Corp	27,960	$838,520
FTI	TechnipFMC plc	11,464	$792,506
IAU	Ishares Gold Trust	7,036	$620,293
ASND	Ascendis Pharma A/S	2,600	$594,698
BMO	Bank Of Montreal /Can/	4,238	$573,570
ING	Ing Groep NV	21,076	$549,029
NXPI	NXP Semiconductors N.V.	2,271	$447,069
No positions match the current search.

Sold Out

Positions the filer fully exited

12 positions

Ticker	Company	Shares	Value
NOW	ServiceNow, Inc.	5,175	$792,758
VLTO	Veralto Corp	6,720	$670,521
CLX	Clorox Co /De/	6,568	$662,251
BRO	Brown & Brown, Inc.	6,547	$521,795
AFL	Aflac Inc	3,481	$383,849
Q	Qnity Electronics, Inc.	4,352	$355,340
IIIV	i3 Verticals, Inc.	10,901	$274,596
WSM	Williams Sonoma Inc	1,285	$229,488
BR	Broadridge Financial Solutions, Inc.	1,007	$224,732
EFX	Equifax Inc	1,004	$217,847
FTV	Fortive Corp	3,832	$211,564
RPM	Rpm International Inc/De/	1,939	$201,656
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

258 positions · $5,726,341,411 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 258 positions by value · page 1 of 6

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
GOOGL	Alphabet Inc. Communication Services	Reduced	1,210,473	-101,346	$348,083,615	−15.2%	6.08%
AAPL	Apple Inc. Technology	Added	1,364,565	+5,015	$346,312,950	−6.3%	6.05%
MSFT	Microsoft Corp Technology	Reduced	908,381	-71,911	$336,255,394	−29.1%	5.87%
NVDA	Nvidia Corp Technology	Reduced	1,875,623	-9,709	$327,108,650	−7.0%	5.71%
JPM	Jpmorgan Chase & Co Financial Services	Added	748,885	+3,168	$220,292,011	−8.3%	3.85%
AVGO	Broadcom Inc. Technology	Reduced	701,065	-6,265	$216,986,627	−11.4%	3.79%
CVX	Chevron Corp Energy	Added	901,505	+3,123	$186,521,384	+36.2%	3.26%
ETR	Entergy Corp /De/ Utilities	Reduced	1,411,147	-223,691	$158,556,476	+4.9%	2.77%
AMZN	Amazon Com Inc Consumer Cyclical	Added	734,228	+93,323	$152,917,664	+3.4%	2.67%
ABBV	AbbVie Inc. Healthcare	Reduced	650,411	-87	$141,457,887	−4.8%	2.47%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	902,492	+52,655	$130,355,944	+7.0%	2.28%
STT	State Street Corp Financial Services	Added	1,010,246	+2,147	$127,856,733	−1.7%	2.23%
CSCO	Cisco Systems, Inc. Technology	Reduced	1,566,744	-318,947	$121,563,666	−16.3%	2.12%
WMT	Walmart Inc. Consumer Defensive	Reduced	953,909	-172,545	$118,551,809	−5.5%	2.07%
AEP	American Electric Power Co Inc Utilities	Added	901,052	+14,480	$118,109,896	+15.5%	2.06%
JNJ	Johnson & Johnson Healthcare	Added	469,028	+201,519	$114,649,203	+107.1%	2.00%
PH	Parker-Hannifin Corp Industrials	Added	125,782	+88	$112,605,077	+1.9%	1.97%
AMGN	Amgen Inc Healthcare	Added	319,238	+5,300	$112,323,890	+9.3%	1.96%
HON	Honeywell International Inc Industrials	Added	487,448	+298,784	$110,177,871	+199.3%	1.92%
V	Visa Inc. Financial Services	Reduced	356,255	-931	$107,674,510	−14.0%	1.88%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	259,366	-1,926	$85,302,883	−5.1%	1.49%
PM	Philip Morris International Inc. Consumer Defensive	Reduced	482,648	-3,922	$79,801,020	+2.2%	1.39%
WFC	Wells Fargo & Company/Mn Financial Services	Added	978,312	+13,852	$77,883,418	−13.4%	1.36%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Added	474,599	+1,027	$75,793,459	+4.2%	1.32%
COR	Cencora, Inc. Healthcare	Added	212,070	+1,582	$66,619,669	−6.3%	1.16%
SYK	Stryker Corp Healthcare	Added	184,755	+201	$60,708,645	−6.4%	1.06%
UBER	Uber Technologies, Inc Technology	Added	819,584	+2,520	$58,952,677	−11.7%	1.03%
MS	Morgan Stanley Financial Services	Added	324,821	+2,488	$53,455,791	−6.6%	0.93%
ETN	Eaton Corp plc Industrials	Added	137,337	+1,160	$49,121,324	+13.3%	0.86%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	NEW	139,934	NEW	$47,290,695	NEW	0.83%
AIG	American International Group, Inc. Financial Services	Reduced	625,310	-1,182	$47,054,577	−12.2%	0.82%
MRK	Merck & Co., Inc. Healthcare	Reduced	385,956	-374,694	$46,426,647	−42.0%	0.81%
T	At&T Inc. Communication Services	Added	1,595,548	+11,255	$46,254,936	+17.5%	0.81%
AVB	Avalonbay Communities Inc Real Estate	Reduced	250,554	-3,802	$40,927,995	−11.3%	0.71%
XOM	Exxon Mobil Corp Energy	Added	231,094	+624	$39,207,407	+41.4%	0.68%
MU	Micron Technology Inc Technology	Added	109,887	+8,955	$37,124,224	+28.9%	0.65%
ADI	Analog Devices Inc Technology	Reduced	115,864	-76	$36,860,972	+17.2%	0.64%
SCHW	Schwab Charles Corp Financial Services	Added	389,361	+59,078	$36,592,145	+10.9%	0.64%
IBM	International Business Machines Corp Technology	Added	149,007	+797	$36,117,806	−17.7%	0.63%
META	Meta Platforms, Inc. Communication Services	Reduced	59,154	-173	$33,843,777	−13.6%	0.59%
SMFG	Sumitomo Mitsui Financial Group, Inc. Financial Services	NEW	1,711,455	NEW	$33,801,236	NEW	0.59%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	67,985	+4,718	$32,578,412	+2.4%	0.57%
BLK	BlackRock, Inc. Financial Services	Added	33,826	+415	$32,530,802	−9.0%	0.57%
NKE	NIKE, Inc. Consumer Cyclical	Added	605,675	+154,862	$31,991,753	+11.4%	0.56%
PANW	Palo Alto Networks Inc Technology	Added	197,529	+178,401	$31,667,848	+798.8%	0.55%
MCD	Mcdonalds Corp Consumer Cyclical	Added	97,969	+270	$30,447,785	+2.0%	0.53%
CRH	Crh Public Ltd Co Basic Materials	NEW	288,274	NEW	$30,303,362	NEW	0.53%
EMR	Emerson Electric Co Industrials	Reduced	223,323	-73,460	$29,259,779	−25.7%	0.51%
NVS	Novartis AG Healthcare	NEW	182,356	NEW	$27,854,879	NEW	0.49%
VZ	Verizon Communications Inc Communication Services	Added	553,850	+10,373	$27,803,270	+25.6%	0.49%