Becker Capital Management Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Becker Capital Management Inc. reported 274 stock positions worth $3.0 billion. Its top holding was Apple (AAPL) at 4.8% of the portfolio, followed by Microsoft (MSFT, 4.5%) and JPMorgan Chase (JPM, 3.1%). Compared with Q4 2024, it opened 11 new positions, sold out of 9, added to 79 and reduced 119. The biggest buy was Grocery Outlet (GO, shares +391%) and the biggest sale Apple (AAPL, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- Portland, OR
- CIK
- 0000799004
- Portfolio Value
- $3.0B (Q1 2025)
- SEC Filing
- 0001941040-25-000309 ↗ filed May 15, 2025
Holdings Value
Holdings 274 stocks · $3.0B
| AAPL Apple Inc. | 4.78% | 652,495 | $144.9M | Reduce -1.6% |
| MSFT Microsoft Corp. | 4.48% | 362,463 | $136.1M | Reduce -0.4% |
| JPM JPMorgan Chase & Co. | 3.05% | 377,503 | $92.6M | Reduce -1.9% |
| VUG Vanguard Mrngstar GR ETF-Sui | 2.74% | 224,481 | $83.2M | Add +3.9% |
| VTI VG Morningstar TS MKT ETF-US | 2.47% | 272,668 | $74.9M | Reduce -0.1% |
| EMBJ Embraer SA-Spon ADR | 2.35% | 1,541,216 | $71.2M | Reduce -10.1% |
| IJR iShares Core S&P Small-Cap E | 1.96% | 569,034 | $59.5M | Add +0.0% |
| SCHW Schwab (charles) Corp. | 1.95% | 756,186 | $59.2M | Reduce -2.8% |
| WMT Walmart Inc. | 1.95% | 672,459 | $59.2M | Reduce -9.5% |
| EFA iShares MSCI Eafe ETF | 1.94% | 719,562 | $58.8M | Add +2.0% |
| MCK McKesson Corp. | 1.86% | 83,948 | $56.6M | Reduce -0.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.72% | 93,247 | $52.3M | Add +0.9% |
| RTX RTX Corp. | 1.66% | 379,987 | $50.3M | Reduce -1.9% |
| GS Goldman Sachs Group Inc. | 1.58% | 87,705 | $47.9M | Reduce -6.5% |
| BLK BlackRock Inc. | 1.57% | 50,469 | $47.8M | Reduce -1.3% |
| AMZN Amazon.com Inc. | 1.56% | 248,883 | $47.4M | Reduce -0.1% |
| SAP Sap SE-Sponsored ADR | 1.52% | 171,703 | $46.1M | Reduce -3.5% |
| CSCO Cisco Systems Inc. | 1.45% | 712,630 | $44.0M | Reduce -3.4% |
| QCOM Qualcomm Inc. | 1.40% | 275,905 | $42.4M | Reduce -0.3% |
| JNJ Johnson & Johnson | 1.39% | 255,129 | $42.3M | Add +1.1% |
| ALL Allstate Corp. | 1.33% | 194,538 | $40.5M | Reduce -0.8% |
| CVX Chevron Corp. | 1.32% | 239,898 | $40.1M | Add +1.8% |
| VZ Verizon Communications Inc. | 1.26% | 842,697 | $38.2M | Reduce -2.1% |
| GOOGL Alphabet Inc. Class A | 1.18% | 231,453 | $35.8M | Reduce -19.1% |
| SYY Sysco Corp. | 1.17% | 474,151 | $35.6M | Reduce -0.7% |
| CRM Salesforce Inc. | 1.16% | 130,880 | $35.1M | Reduce -4.0% |
| PG The Procter & Gamble Co. | 1.14% | 202,907 | $34.6M | Add +0.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.13% | 64,516 | $34.4M | Reduce -0.4% |
| APD Air Products & Chemicals Inc. | 1.12% | 115,178 | $34.0M | Add +0.4% |
| HD Home Depot Inc. | 1.11% | 91,817 | $33.7M | Reduce -3.3% |
| NEM Newmont Corp. | 1.08% | 677,741 | $32.7M | Add +11.0% |
| FE Firstenergy Corp. | 1.06% | 792,577 | $32.0M | Add +2.0% |
| SNY Sanofi-ADR | 1.02% | 557,208 | $30.9M | Add +0.6% |
| AZO AutoZone Inc. | 1.00% | 7,960 | $30.3M | Add +1.7% |
| KMI Kinder Morgan Inc. | 0.96% | 1,019,011 | $29.1M | Reduce -14.0% |
| VNQ Vanguard Real Estate ETF | 0.94% | 313,331 | $28.4M | Add +10.4% |
| AZN Astrazeneca PLC-Spons ADR | 0.92% | 381,117 | $28.0M | Add +0.6% |
| MRK Merck & Co. Inc. | 0.92% | 308,143 | $27.9M | Add +0.8% |
| AMGN Amgen Inc. | 0.92% | 89,297 | $27.8M | Reduce -0.5% |
| NKE Nike Inc. Class B | 0.91% | 430,088 | $27.5M | Reduce -2.4% |
| BKR Baker Hughes Co. | 0.88% | 606,423 | $26.7M | Reduce -2.2% |
| COST Costco Wholesale Corp. | 0.83% | 26,664 | $25.2M | Reduce -0.0% |
| CARR Carrier Global Corp. | 0.83% | 395,269 | $25.1M | Reduce -0.3% |
| GO Grocery Outlet Holding Corp. | 0.83% | 1,792,531 | $25.1M | Add +390.9% |
| CB Chubb Ltd. | 0.82% | 81,910 | $24.8M | Add +2.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.79% | 241,885 | $23.9M | Add +2.9% |
| USB US Bancorp | 0.78% | 555,733 | $23.7M | Reduce -0.8% |
| PHG Koninklijke Philips NVR- NY | 0.76% | 913,327 | $23.2M | Reduce -3.4% |
| PFE Pfizer Inc. | 0.76% | 914,000 | $23.2M | Add +5.3% |
| IEMG iShares Core MSCI Emerging | 0.76% | 425,306 | $23.0M | Reduce -7.0% |
| GD General Dynamics Corp. | 0.75% | 83,396 | $22.7M | Reduce -2.1% |
| V Visa Inc. Class A | 0.73% | 63,224 | $22.2M | Reduce -0.1% |
| PYPL PayPal Holdings Inc. | 0.70% | 326,572 | $21.3M | Reduce -3.9% |
| FLEX Flex Ltd. | 0.69% | 628,338 | $20.8M | Reduce -1.7% |
| SO The Southern Co. | 0.67% | 222,318 | $20.4M | Add +4.7% |
| INTC Intel Corp. | 0.65% | 868,571 | $19.7M | Reduce -4.9% |
| MEOH Methanex Corp. | 0.63% | 546,676 | $19.2M | Add +2.6% |
| DEO Diageo PLC-Sponsored ADR | 0.63% | 179,848 | $19.1M | Reduce -1.0% |
| KR Kroger Co. | 0.58% | 260,815 | $17.7M | Reduce -0.7% |
| BAX Baxter International Inc. | 0.58% | 512,269 | $17.6M | Reduce -27.8% |
| NVDA Nvidia Corp. | 0.57% | 159,371 | $17.3M | Add +242.9% |
| HON Honeywell International Inc. | 0.55% | 78,843 | $16.7M | Add +3.8% |
| TKR Timken Co. | 0.53% | 224,607 | $16.1M | Add +3.1% |
| SHEL Shell PLC-ADR | 0.52% | 216,240 | $15.8M | Add +2.4% |
| TEL Te Connectivity PLC | 0.51% | 110,255 | $15.6M | Reduce -3.8% |
| ETN Eaton Corp. PLC | 0.51% | 56,540 | $15.4M | Add +18.5% |
| CIEN Ciena Corp. | 0.48% | 241,797 | $14.6M | Reduce -2.3% |
| MOH Molina Healthcare Inc. | 0.47% | 43,016 | $14.2M | Reduce -0.1% |
| META Meta Platforms Inc. Class A | 0.46% | 24,330 | $14.0M | Add +136.3% |
| IVV iShares Core S&P 500 ETF | 0.46% | 24,937 | $14.0M | Add +4.0% |
| ACN Accenture PLC Class A | 0.46% | 44,243 | $13.8M | Reduce -7.9% |
| O Realty Income Corp. | 0.45% | 236,359 | $13.7M | Reduce -1.0% |
| IEFA iShares Core MSCI Eafe ETF | 0.44% | 175,873 | $13.3M | Add +13.5% |
| BX Blackstone Inc. | 0.43% | 92,301 | $12.9M | Reduce -1.8% |
| TFX Teleflex Inc. | 0.40% | 88,042 | $12.2M | Add +890.4% |
| XOM Exxon Mobil Corp. | 0.38% | 97,834 | $11.6M | Reduce -1.3% |
| EMR Emerson Electric Co. | 0.37% | 103,422 | $11.3M | Reduce -2.0% |
| DGX Quest Diagnostics Inc. | 0.37% | 66,206 | $11.2M | Reduce -10.2% |
| BDX Becton Dickinson and Co. | 0.36% | 48,244 | $11.1M | Reduce -1.0% |
| ECL Ecolab Inc. | 0.34% | 40,979 | $10.4M | Reduce -2.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.33% | 239,894 | $10.0M | Reduce -1.0% |
| XVV iShares ESG Select Screened | 0.33% | 230,524 | $9.9M | Add +13.4% |
| VEA Vanguard Ftse Developed ETF | 0.26% | 155,664 | $7.9M | Reduce -2.1% |
| SBUX Starbucks Corp. | 0.26% | 80,023 | $7.8M | Reduce -9.6% |
| IWM iShares Russell 2000 ETF | 0.23% | 35,244 | $7.0M | Add +5.0% |
| BEPC Brookfield Renewable Corp. | 0.23% | 246,735 | $6.9M | Add +10.5% |
| MS Morgan Stanley | 0.22% | 58,096 | $6.8M | Reduce -0.9% |
| GLD SPDR Gold Shares | 0.21% | 22,342 | $6.4M | Add +0.1% |
| ADBE Adobe Inc. | 0.20% | 16,200 | $6.2M | Reduce -47.5% |
| IJJ iShares S&P Mid-Cap 400 Valu | 0.19% | 48,804 | $5.8M | No change |
| BLKB Blackbaud Inc. | 0.19% | 92,933 | $5.8M | Reduce -2.7% |
| LW Lamb Weston Holdings Inc. | 0.18% | 103,726 | $5.5M | Reduce -9.2% |
| AVGO Broadcom Inc. | 0.18% | 32,948 | $5.5M | Reduce -8.1% |
| VOO Vanguard S&P 500 ETF | 0.18% | 10,722 | $5.5M | Add +12.1% |
| UNP Union Pacific Corp. | 0.18% | 23,273 | $5.5M | Reduce -3.8% |
| VGK Vanguard Ftse Europe ETF | 0.17% | 74,895 | $5.3M | Reduce -3.0% |
| WBD Warner Bros Discovery Inc. | 0.17% | 476,022 | $5.1M | Add +17.1% |
| FISV Fiserv Inc. | 0.17% | 23,032 | $5.1M | Add +0.1% |
| WM Waste Management Inc. | 0.17% | 21,946 | $5.1M | Add +4.4% |
| UL Unilever PLC | 0.17% | 84,307 | $5.0M | Add +6.5% |
Portfolio Sells Q4 2024 → Q1 2025
| AAPL Apple Inc. | Reduce -1.6% | 4.78% | −0.64 |
| GOOGL Alphabet Inc. Class A | Reduce -19.1% | 1.18% | −0.59 |
| MSFT Microsoft Corp. | Reduce -0.4% | 4.48% | −0.52 |
| CRM Salesforce Inc. | Reduce -4.0% | 1.16% | −0.33 |
| WMT Walmart Inc. | Reduce -9.5% | 1.95% | −0.25 |
| PYPL PayPal Holdings Inc. | Reduce -3.9% | 0.70% | −0.24 |
| ADBE Adobe Inc. | Reduce -47.5% | 0.20% | −0.24 |
| AMZN Amazon.com Inc. | Reduce -0.1% | 1.56% | −0.22 |
| CIEN Ciena Corp. | Reduce -2.3% | 0.48% | −0.20 |
| NKE Nike Inc. Class B | Reduce -2.4% | 0.91% | −0.19 |
| GS Goldman Sachs Group Inc. | Reduce -6.5% | 1.58% | −0.17 |
| BLK BlackRock Inc. | Reduce -1.3% | 1.57% | −0.14 |
| DEO Diageo PLC-Sponsored ADR | Reduce -1.0% | 0.63% | −0.12 |
| FLEX Flex Ltd. | Reduce -1.7% | 0.69% | −0.12 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -0.1% | 2.47% | −0.11 |
| BX Blackstone Inc. | Reduce -1.8% | 0.43% | −0.10 |
| KMI Kinder Morgan Inc. | Reduce -14.0% | 0.96% | −0.10 |
| USB US Bancorp | Reduce -0.8% | 0.78% | −0.10 |
| BAX Baxter International Inc. | Reduce -27.8% | 0.58% | −0.10 |
| SCHH Schwab US REIT ETF | Sold out | 0.00% | −0.10 |
| ACN Accenture PLC Class A | Reduce -7.9% | 0.46% | −0.10 |
| HD Home Depot Inc. | Reduce -3.3% | 1.11% | −0.10 |
| AVGO Broadcom Inc. | Reduce -8.1% | 0.18% | −0.09 |
| NXT Nextpower Inc. | Reduce -63.3% | 0.06% | −0.08 |
| LW Lamb Weston Holdings Inc. | Reduce -9.2% | 0.18% | −0.07 |
| CARR Carrier Global Corp. | Reduce -0.3% | 0.83% | −0.06 |
| EMR Emerson Electric Co. | Reduce -2.0% | 0.37% | −0.05 |
| MDT Medtronic PLC | Reduce -35.2% | 0.13% | −0.05 |
| CVS CVS Health Corp. | Reduce -62.4% | 0.06% | −0.05 |
| BLKB Blackbaud Inc. | Reduce -2.7% | 0.19% | −0.04 |
| TSLA Tesla Inc. | Reduce -18.5% | 0.03% | −0.03 |
| HOLX Hologic Inc. | Reduce -1.4% | 0.16% | −0.03 |
| IEMG iShares Core MSCI Emerging | Reduce -7.0% | 0.76% | −0.02 |
| TEL Te Connectivity PLC | Reduce -3.8% | 0.51% | −0.02 |
| RDUS Radius Recycling Inc. Class A | Sold out | 0.00% | −0.02 |
| SYY Sysco Corp. | Reduce -0.7% | 1.17% | −0.02 |
| BAC Bank of America Corp. | Reduce -1.0% | 0.33% | −0.02 |
| MS Morgan Stanley | Reduce -0.9% | 0.22% | −0.02 |
| PHG Koninklijke Philips NVR- NY | Reduce -3.4% | 0.76% | −0.02 |
| SMAR Smartsheet Inc. Class A | Sold out | 0.00% | −0.01 |
| BSV Vanguard Short-Term Bond ETF | Reduce -11.2% | 0.12% | −0.01 |
| TGT Target Corp. | Reduce -22.1% | 0.02% | −0.01 |
| MGA Magna International Inc. | Reduce -18.3% | 0.02% | −0.01 |
| CAT Caterpillar Inc. | Reduce -3.3% | 0.08% | −0.01 |
| EWU iShares MSCI United Kingdom | Reduce -37.9% | 0.02% | −0.01 |
| ALK Alaska Air Group Inc. | Reduce -5.4% | 0.02% | −0.01 |
| HPQ HP Inc. | Reduce -0.4% | 0.05% | −0.01 |
| MDY State Street SPDR S&P Midcap | Reduce -5.3% | 0.06% | −0.01 |
| TMO Thermo Fisher Scientific Inc. | Reduce -1.7% | 0.13% | −0.01 |
| SCHA Schwab US Small-Cap ETF | Sold out | 0.00% | −0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| GO Grocery Outlet Holding Corp. | Add +390.9% | 0.83% | +0.64 |
| NVDA Nvidia Corp. | Add +242.9% | 0.57% | +0.37 |
| TFX Teleflex Inc. | Add +890.4% | 0.40% | +0.35 |
| NEM Newmont Corp. | Add +11.0% | 1.08% | +0.34 |
| META Meta Platforms Inc. Class A | Add +136.3% | 0.46% | +0.27 |
| CVX Chevron Corp. | Add +1.8% | 1.32% | +0.21 |
| JNJ Johnson & Johnson | Add +1.1% | 1.39% | +0.20 |
| EFA iShares MSCI Eafe ETF | Add +2.0% | 1.94% | +0.20 |
| AZO AutoZone Inc. | Add +1.7% | 1.00% | +0.18 |
| SNY Sanofi-ADR | Add +0.6% | 1.02% | +0.15 |
| AZN Astrazeneca PLC-Spons ADR | Add +0.6% | 0.92% | +0.11 |
| VNQ Vanguard Real Estate ETF | Add +10.4% | 0.94% | +0.11 |
| BRK.A Berkshire Hathaway Inc. Class A | New | 0.11% | +0.11 |
| SO The Southern Co. | Add +4.7% | 0.67% | +0.10 |
| CB Chubb Ltd. | Add +2.4% | 0.82% | +0.09 |
| SHEL Shell PLC-ADR | Add +2.4% | 0.52% | +0.09 |
| IEFA iShares Core MSCI Eafe ETF | Add +13.5% | 0.44% | +0.08 |
| SCHG Schwab US Large-Cap Growth | New | 0.07% | +0.07 |
| IVW iShares S&P 500 Growth ETF | Add +702.1% | 0.06% | +0.05 |
| FE Firstenergy Corp. | Add +2.0% | 1.06% | +0.05 |
| IWD iShares Russell 1000 Value E | Add +62.5% | 0.11% | +0.04 |
| TLT iShares 20+ Year Treasury BD | New | 0.04% | +0.04 |
| QQQ Invesco QQQ Trust Series 1 | Add +60.4% | 0.11% | +0.04 |
| GLD SPDR Gold Shares | Add +0.1% | 0.21% | +0.04 |
| JEPQ JPM Nasdaq Equity Premium | New | 0.04% | +0.04 |
| APD Air Products & Chemicals Inc. | Add +0.4% | 1.12% | +0.03 |
| PG The Procter & Gamble Co. | Add +0.1% | 1.14% | +0.03 |
| VONG Vanguard Russell 1000 Growth | New | 0.03% | +0.03 |
| WM Waste Management Inc. | Add +4.4% | 0.17% | +0.03 |
| WBD Warner Bros Discovery Inc. | Add +17.1% | 0.17% | +0.03 |
| BEPC Brookfield Renewable Corp. | Add +10.5% | 0.23% | +0.03 |
| XVV iShares ESG Select Screened | Add +13.4% | 0.33% | +0.02 |
| TKR Timken Co. | Add +3.1% | 0.53% | +0.02 |
| MRSH Marsh & McLennan Cos | Add +0.8% | 0.14% | +0.02 |
| OEF iShares S&P 100 ETF | New | 0.02% | +0.02 |
| UL Unilever PLC | Add +6.5% | 0.17% | +0.02 |
| FISV Fiserv Inc. | Add +0.1% | 0.17% | +0.01 |
| VOO Vanguard S&P 500 ETF | Add +12.1% | 0.18% | +0.01 |
| CCI Crown Castle Inc. | Add +9.7% | 0.06% | +0.01 |
| PFE Pfizer Inc. | Add +5.3% | 0.76% | +0.01 |
| IEI iShares 3-7 Year Treasury Bo | Add +6.7% | 0.11% | +0.01 |
| VGT Vanguard Info Tech ETF | Add +55.5% | 0.03% | +0.01 |
| CATH Global X S&P 500 Ca Val ETF | New | 0.01% | +0.01 |
| PPG PPG Industries Inc. | Add +34.6% | 0.04% | +0.01 |
| MUB iShares National Muni Bond E | Add +7.0% | 0.12% | +0.01 |
| VTWO Vanguard Russell 2000 ETF | New | 0.01% | +0.01 |
| VTEB Vanguard Tax-Exempt Bond ETF | New | 0.01% | +0.01 |
| ABT Abbott Laboratories | Add +0.0% | 0.05% | +0.01 |
| CDC Victoryshares US Eq Income E | New | 0.01% | +0.01 |
| OTIS Otis Worldwide Corp. | New | 0.01% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 303 | $3.7B | AAPL, VUG, MSFT, JPM, EFA |
| Q1 2026 | 298 | $3.4B | AAPL, MSFT, VUG, JPM, VTI |
| Q4 2025 | 301 | $3.5B | MSFT, AAPL, VUG, JPM, VTI |
| Q3 2025 | 293 | $3.4B | MSFT, AAPL, VUG, JPM, VTI |
| Q2 2025 | 278 | $3.2B | MSFT, AAPL, JPM, VUG, EMBJ |
| Q1 2025 | 274 | $3.0B | AAPL, MSFT, JPM, VUG, VTI |
| Q4 2024 | 272 | $3.1B | AAPL, MSFT, JPM, VUG, VTI |
| Q3 2024 | 275 | $3.1B | MSFT, AAPL, JPM, VTI, VUG |
| Q2 2024 | 266 | $2.9B | MSFT, AAPL, JPM, VUG, VTI |
| Q1 2024 | 263 | $2.9B | MSFT, AAPL, JPM, VTI, VUG |