FERGUSON WELLMAN CAPITAL MANAGEMENT, INC

CIK

869353

Location

PORTLAND, OR

Portfolio Value

Small $287,695,113

Diversification

Diversified

Filing Date

Global Rank

#467 / 8,232 ▲ 52

Top Industry

Semiconductors 12.0%

3Y Alpha vs SPY

-2.2%

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

+67.0%

SPY

+76.5%

Annualised alpha

-2.2%

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

14 positions · $287,695,113 total · Energy only · as of Mar 31, 2026

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

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
CVX	Chevron Corp Energy	Added	901,505	+3,123	$186,521,384	+36.2%	64.83%
XOM	Exxon Mobil Corp Energy	Added	231,094	+624	$39,207,407	+41.4%	13.63%
KMI	Kinder Morgan, Inc. Energy	Added	718,327	+11,637	$24,085,504	+24.0%	8.37%
CNQ	Canadian Natural Resources Ltd Energy	NEW	486,675	NEW	$23,715,672	NEW	8.24%
PSX	Phillips 66 Energy	Reduced	20,155	-253	$3,671,837	+39.4%	1.28%
COP	Conocophillips Energy	Reduced	18,515	-1,336	$2,443,980	+31.5%	0.85%
SLB	Slb Limited/Nv Energy	Reduced	39,029	-859	$2,005,700	+31.0%	0.70%
SHEL	Shell plc Energy	NEW	17,665	NEW	$1,642,845	NEW	0.57%
WMB	Williams Companies, Inc. Energy	Reduced	21,385	-170	$1,556,400	+20.1%	0.54%
MPC	Marathon Petroleum Corp Energy	Added	4,302	+22	$1,050,462	+50.9%	0.37%
FTI	TechnipFMC plc Energy	NEW	11,464	NEW	$792,506	NEW	0.28%
ENB	Enbridge Inc Energy	NEW	6,917	NEW	$374,486	NEW	0.13%
VLO	Valero Energy Corp/Tx Energy	Added	1,416	+33	$349,865	+55.4%	0.12%
BP	Bp PLC Energy	NEW	5,895	NEW	$277,065	NEW	0.10%