Becker Capital Management Inc.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 12, 2025), Becker Capital Management Inc. reported 293 stock positions worth $3.4 billion. Its top holding was Microsoft (MSFT) at 5.4% of the portfolio, followed by Apple (AAPL, 4.6%) and Vanguard Mrngstar GR ETF-Sui (VUG, 3.5%). Compared with Q2 2025, it opened 16 new positions, sold out of 1, added to 83 and reduced 128. The biggest buy was Vanguard Mrngstar GR ETF-Sui (VUG, shares +5%) and the biggest sale Diageo PLC-Sponsored ADR (DEO, shares −53%).
- Most Recent 13F
- Q2 2026
- Location
- Portland, OR
- CIK
- 0000799004
- Portfolio Value
- $3.4B (Q3 2025)
- SEC Filing
- 0001941040-25-000619 ↗ filed Nov 12, 2025
Holdings Value
Holdings 293 stocks · $3.4B
| MSFT Microsoft Corp. | 5.44% | 359,189 | $186.0M | Reduce -0.7% |
| AAPL Apple Inc. | 4.62% | 621,381 | $158.2M | Reduce -1.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 3.53% | 251,839 | $120.9M | Add +5.3% |
| JPM JPMorgan Chase & Co. | 3.30% | 357,936 | $112.9M | Reduce -4.5% |
| VTI VG Morningstar TS MKT ETF-US | 2.56% | 266,007 | $87.5M | Add +0.3% |
| EMBJ Embraer SA-Spon ADR | 2.52% | 1,428,695 | $86.4M | Reduce -4.5% |
| EFA iShares MSCI Eafe ETF | 2.19% | 801,714 | $74.9M | Add +5.9% |
| SCHW Schwab (charles) Corp. | 2.08% | 747,319 | $71.3M | Reduce -1.1% |
| GS Goldman Sachs Group Inc. | 1.94% | 83,314 | $66.3M | Reduce -4.6% |
| WMT Walmart Inc. | 1.93% | 641,141 | $66.1M | Reduce -3.9% |
| RTX RTX Corp. | 1.81% | 370,174 | $61.9M | Reduce -0.2% |
| MCK McKesson Corp. | 1.79% | 79,395 | $61.4M | Reduce -1.9% |
| NVDA Nvidia Corp. | 1.79% | 327,732 | $61.2M | Add +0.3% |
| AMZN Amazon.com Inc. | 1.75% | 272,659 | $59.9M | Add +0.2% |
| BLK BlackRock Inc. | 1.69% | 49,742 | $58.0M | Reduce -1.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.61% | 82,265 | $55.0M | Reduce -11.2% |
| GOOGL Alphabet Inc. Class A | 1.59% | 224,171 | $54.5M | Reduce -0.3% |
| IJR iShares Core S&P Small-Cap E | 1.48% | 427,257 | $50.8M | Add +3.1% |
| NEM Newmont Corp. | 1.42% | 577,346 | $48.7M | Reduce -0.4% |
| JNJ Johnson & Johnson | 1.40% | 258,600 | $47.9M | Reduce -0.6% |
| CSCO Cisco Systems Inc. | 1.35% | 673,956 | $46.1M | Reduce -4.6% |
| QCOM Qualcomm Inc. | 1.33% | 274,623 | $45.7M | Reduce -1.6% |
| SAP Sap SE-Sponsored ADR | 1.31% | 167,537 | $44.8M | Reduce -1.3% |
| ALL Allstate Corp. | 1.20% | 190,919 | $41.2M | Reduce -1.3% |
| CVX Chevron Corp. | 1.14% | 251,794 | $39.1M | Add +1.2% |
| SYY Sysco Corp. | 1.11% | 462,025 | $38.0M | Reduce -0.1% |
| HD Home Depot Inc. | 1.09% | 92,098 | $37.3M | Add +0.5% |
| FE Firstenergy Corp. | 1.08% | 809,400 | $37.1M | Add +0.3% |
| FLEX Flex Ltd. | 1.00% | 591,081 | $34.3M | Reduce -1.8% |
| AZO AutoZone Inc. | 0.98% | 7,801 | $33.5M | Reduce -1.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.96% | 65,157 | $32.8M | Add +0.7% |
| APD Air Products & Chemicals Inc. | 0.93% | 116,928 | $31.9M | Add +0.5% |
| CIEN Ciena Corp. | 0.93% | 218,076 | $31.8M | Reduce -2.2% |
| PG The Procter & Gamble Co. | 0.91% | 203,608 | $31.3M | Reduce -0.6% |
| CRM Salesforce Inc. | 0.90% | 129,711 | $30.8M | Add +0.2% |
| BKR Baker Hughes Co. | 0.87% | 608,270 | $29.6M | Add +0.2% |
| VNQ Vanguard Real Estate ETF | 0.85% | 319,685 | $29.2M | Add +1.4% |
| GD General Dynamics Corp. | 0.84% | 84,187 | $28.7M | Add +1.0% |
| KMI Kinder Morgan Inc. | 0.84% | 1,011,918 | $28.6M | Add +0.6% |
| AZN Astrazeneca PLC-Spons ADR | 0.82% | 365,300 | $28.0M | Reduce -2.2% |
| INTC Intel Corp. | 0.81% | 826,097 | $27.7M | Reduce -5.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.80% | 238,884 | $27.4M | Reduce -1.7% |
| USB US Bancorp | 0.79% | 550,124 | $26.9M | Add +0.8% |
| IEMG iShares Core MSCI Emerging | 0.78% | 403,710 | $26.6M | Reduce -0.6% |
| META Meta Platforms Inc. Class A | 0.75% | 35,052 | $25.7M | Add +5.0% |
| CARR Carrier Global Corp. | 0.74% | 425,547 | $25.4M | Add +5.5% |
| MRK Merck & Co. Inc. | 0.73% | 296,427 | $25.1M | Reduce -2.5% |
| AMGN Amgen Inc. | 0.73% | 88,402 | $24.9M | Reduce -0.9% |
| PHG Koninklijke Philips NVR- NY | 0.73% | 911,185 | $24.8M | Reduce -0.0% |
| SNY Sanofi-ADR | 0.72% | 522,681 | $24.7M | Reduce -8.0% |
| VZ Verizon Communications Inc. | 0.72% | 559,528 | $24.6M | Reduce -1.7% |
| CB Chubb Ltd. | 0.71% | 86,268 | $24.4M | Add +2.8% |
| COST Costco Wholesale Corp. | 0.71% | 26,277 | $24.3M | Reduce -0.9% |
| ETN Eaton Corp. PLC | 0.68% | 62,435 | $23.4M | Reduce -0.3% |
| SO The Southern Co. | 0.67% | 240,492 | $22.8M | Add +2.8% |
| TEL Te Connectivity PLC | 0.65% | 101,751 | $22.3M | Reduce -3.1% |
| PYPL PayPal Holdings Inc. | 0.65% | 333,027 | $22.3M | Add +1.7% |
| V Visa Inc. Class A | 0.63% | 63,331 | $21.6M | Reduce -0.3% |
| MEOH Methanex Corp. | 0.61% | 528,419 | $21.0M | Reduce -6.2% |
| NKE Nike Inc. Class B | 0.59% | 286,414 | $20.1M | Add +3.7% |
| HON Honeywell International Inc. | 0.53% | 86,055 | $18.1M | Add +3.1% |
| IEFA iShares Core MSCI Eafe ETF | 0.51% | 200,026 | $17.5M | Add +7.9% |
| KR Kroger Co. | 0.50% | 252,721 | $17.0M | Reduce -1.4% |
| LLY Eli Lilly & Co. | 0.48% | 21,677 | $16.5M | Add +6.7% |
| IVV iShares Core S&P 500 ETF | 0.48% | 24,678 | $16.5M | Reduce -0.5% |
| TKR Timken Co. | 0.47% | 213,804 | $16.1M | Reduce 0.0% |
| BX Blackstone Inc. | 0.45% | 91,028 | $15.6M | Reduce -0.9% |
| SHEL Shell PLC-ADR | 0.45% | 213,756 | $15.3M | Reduce -0.5% |
| O Realty Income Corp. | 0.37% | 210,217 | $12.8M | Reduce -9.0% |
| DGX Quest Diagnostics Inc. | 0.36% | 64,117 | $12.2M | Reduce -1.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.35% | 231,195 | $11.9M | Reduce -1.8% |
| XVV iShares ESG Select Screened | 0.34% | 225,869 | $11.6M | Reduce -0.5% |
| XOM Exxon Mobil Corp. | 0.32% | 98,462 | $11.1M | Reduce -0.2% |
| EMR Emerson Electric Co. | 0.32% | 83,524 | $11.0M | Reduce -3.4% |
| AVGO Broadcom Inc. | 0.31% | 32,596 | $10.8M | Reduce -0.2% |
| ACN Accenture PLC Class A | 0.31% | 42,937 | $10.6M | Add +0.3% |
| ECL Ecolab Inc. | 0.30% | 36,984 | $10.2M | Reduce -0.9% |
| BRKR Bruker Corp. | 0.29% | 301,155 | $9.8M | Add +606.8% |
| BAX Baxter International Inc. | 0.28% | 415,656 | $9.5M | Reduce -17.0% |
| IWM iShares Russell 2000 ETF | 0.27% | 38,550 | $9.3M | Add +10.7% |
| VEA Vanguard Ftse Developed ETF | 0.26% | 149,273 | $8.9M | Add +1.4% |
| MS Morgan Stanley | 0.26% | 56,026 | $8.9M | Reduce -1.3% |
| BDX Becton Dickinson and Co. | 0.26% | 47,488 | $8.9M | Reduce -1.6% |
| VOO Vanguard S&P 500 ETF | 0.26% | 14,434 | $8.9M | Add +19.8% |
| GO Grocery Outlet Holding Corp. | 0.25% | 534,138 | $8.6M | Reduce -31.2% |
| BEPC Brookfield Renewable Corp. | 0.25% | 246,557 | $8.5M | Reduce -0.7% |
| PFE Pfizer Inc. | 0.24% | 325,863 | $8.3M | Reduce -14.2% |
| GLD SPDR Gold Shares | 0.23% | 22,392 | $8.0M | Reduce -0.2% |
| DEO Diageo PLC-Sponsored ADR | 0.23% | 83,022 | $7.9M | Reduce -53.0% |
| MOH Molina Healthcare Inc. | 0.21% | 38,040 | $7.3M | Reduce -12.5% |
| MCHP Microchip Technology Inc. | 0.20% | 106,112 | $6.8M | Add +8.3% |
| IJJ iShares S&P Mid-Cap 400 Valu | 0.18% | 48,804 | $6.3M | No change |
| GOOG Alphabet Inc. Class C | 0.18% | 24,906 | $6.1M | Add +0.6% |
| VGK Vanguard Ftse Europe ETF | 0.17% | 73,149 | $5.8M | Reduce -0.4% |
| TFX Teleflex Inc. | 0.17% | 47,677 | $5.8M | Reduce -0.6% |
| SBUX Starbucks Corp. | 0.17% | 68,891 | $5.8M | Reduce -4.7% |
| WM Waste Management Inc. | 0.16% | 25,245 | $5.6M | Add +4.0% |
| HOLX Hologic Inc. | 0.16% | 81,755 | $5.5M | Add +20.0% |
| ADBE Adobe Inc. | 0.16% | 15,310 | $5.4M | Add +0.3% |
| UNP Union Pacific Corp. | 0.16% | 22,652 | $5.4M | Reduce -1.3% |
Portfolio Sells Q2 2025 → Q3 2025
| DEO Diageo PLC-Sponsored ADR | Reduce -53.0% | 0.23% | −0.32 |
| SAP Sap SE-Sponsored ADR | Reduce -1.3% | 1.31% | −0.30 |
| BAX Baxter International Inc. | Reduce -17.0% | 0.28% | −0.20 |
| MOH Molina Healthcare Inc. | Reduce -12.5% | 0.21% | −0.19 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -11.2% | 1.61% | −0.18 |
| CSCO Cisco Systems Inc. | Reduce -4.6% | 1.35% | −0.18 |
| MSFT Microsoft Corp. | Reduce -0.7% | 5.44% | −0.17 |
| DIS The Walt Disney Co. | Reduce -1.7% | 0.80% | −0.14 |
| SNY Sanofi-ADR | Reduce -8.0% | 0.72% | −0.14 |
| EMBJ Embraer SA-Spon ADR | Reduce -4.5% | 2.52% | −0.13 |
| COST Costco Wholesale Corp. | Reduce -0.9% | 0.71% | −0.11 |
| PG The Procter & Gamble Co. | Reduce -0.6% | 0.91% | −0.10 |
| WMT Walmart Inc. | Reduce -3.9% | 1.93% | −0.10 |
| JPM JPMorgan Chase & Co. | Reduce -4.5% | 3.30% | −0.09 |
| KR Kroger Co. | Reduce -1.4% | 0.50% | −0.08 |
| V Visa Inc. Class A | Reduce -0.3% | 0.63% | −0.07 |
| SCHW Schwab (charles) Corp. | Reduce -1.1% | 2.08% | −0.06 |
| MCK McKesson Corp. | Reduce -1.9% | 1.79% | −0.06 |
| QCOM Qualcomm Inc. | Reduce -1.6% | 1.33% | −0.05 |
| GO Grocery Outlet Holding Corp. | Reduce -31.2% | 0.25% | −0.05 |
| VZ Verizon Communications Inc. | Reduce -1.7% | 0.72% | −0.05 |
| AMGN Amgen Inc. | Reduce -0.9% | 0.73% | −0.05 |
| PFE Pfizer Inc. | Reduce -14.2% | 0.24% | −0.04 |
| O Realty Income Corp. | Reduce -9.0% | 0.37% | −0.04 |
| EMR Emerson Electric Co. | Reduce -3.4% | 0.32% | −0.04 |
| SBUX Starbucks Corp. | Reduce -4.7% | 0.17% | −0.04 |
| SHEL Shell PLC-ADR | Reduce -0.5% | 0.45% | −0.02 |
| MRK Merck & Co. Inc. | Reduce -2.5% | 0.73% | −0.02 |
| BLKB Blackbaud Inc. | Reduce -6.2% | 0.14% | −0.02 |
| ECL Ecolab Inc. | Reduce -0.9% | 0.30% | −0.02 |
| UL Unilever PLC | Reduce -1.8% | 0.14% | −0.02 |
| ALL Allstate Corp. | Reduce -1.3% | 1.20% | −0.02 |
| LW Lamb Weston Holdings Inc. | Reduce -15.2% | 0.13% | −0.02 |
| WY Weyerhaeuser Co. | Reduce -4.3% | 0.09% | −0.01 |
| TKR Timken Co. | Reduce 0.0% | 0.47% | −0.01 |
| ETN Eaton Corp. PLC | Reduce -0.3% | 0.68% | −0.01 |
| COLM Columbia Sportswear Co. | Reduce -1.2% | 0.05% | −0.01 |
| JEPQ JPM Nasdaq Equity Premium | Reduce -30.2% | 0.02% | −0.01 |
| DGX Quest Diagnostics Inc. | Reduce -1.7% | 0.36% | −0.01 |
| UNP Union Pacific Corp. | Reduce -1.3% | 0.16% | −0.01 |
| HES Hess Corp. | Sold out | 0.00% | −0.01 |
| XOM Exxon Mobil Corp. | Reduce -0.2% | 0.32% | −0.01 |
| MMM 3M Co. | Reduce -0.8% | 0.12% | −0.01 |
| VGK Vanguard Ftse Europe ETF | Reduce -0.4% | 0.17% | −0.01 |
| TFX Teleflex Inc. | Reduce -0.6% | 0.17% | −0.01 |
| PPG PPG Industries Inc. | Reduce -1.3% | 0.04% | −0.01 |
| BEPC Brookfield Renewable Corp. | Reduce -0.7% | 0.25% | −0.01 |
| PRI Primerica Inc. | Reduce -26.6% | 0.01% | −0.01 |
| IWD iShares Russell 1000 Value E | Reduce -3.4% | 0.09% | −0.00 |
| AMP Ameriprise Financial Inc. | Reduce -10.6% | 0.02% | −0.00 |
Portfolio Buys Q2 2025 → Q3 2025
| VUG Vanguard Mrngstar GR ETF-Sui | Add +5.3% | 3.53% | +0.26 |
| BRKR Bruker Corp. | Add +606.8% | 0.29% | +0.23 |
| NVDA Nvidia Corp. | Add +0.3% | 1.79% | +0.18 |
| BKR Baker Hughes Co. | Add +0.2% | 0.87% | +0.14 |
| GD General Dynamics Corp. | Add +1.0% | 0.84% | +0.08 |
| EFA iShares MSCI Eafe ETF | Add +5.9% | 2.19% | +0.08 |
| FE Firstenergy Corp. | Add +0.3% | 1.08% | +0.07 |
| IJR iShares Core S&P Small-Cap E | Add +3.1% | 1.48% | +0.07 |
| VOO Vanguard S&P 500 ETF | Add +19.8% | 0.26% | +0.05 |
| HD Home Depot Inc. | Add +0.5% | 1.09% | +0.04 |
| GOOG Alphabet Inc. Class C | Add +0.6% | 0.18% | +0.04 |
| IBIT iShares Bitcoin Trust ETF | New | 0.04% | +0.04 |
| IWM iShares Russell 2000 ETF | Add +10.7% | 0.27% | +0.04 |
| VTI VG Morningstar TS MKT ETF-US | Add +0.3% | 2.56% | +0.04 |
| IWR iShares Russell Mid-Cap ETF | New | 0.03% | +0.03 |
| CVX Chevron Corp. | Add +1.2% | 1.14% | +0.03 |
| IEFA iShares Core MSCI Eafe ETF | Add +7.9% | 0.51% | +0.03 |
| HOLX Hologic Inc. | Add +20.0% | 0.16% | +0.02 |
| USMV iShares MSCI USA Min Vol Fac | New | 0.02% | +0.02 |
| BSV Vanguard Short-Term Bond ETF | Add +21.9% | 0.13% | +0.02 |
| IWB iShares Russell 1000 ETF | New | 0.01% | +0.01 |
| TSLA Tesla Inc. | Add +2.3% | 0.06% | +0.01 |
| FBTC Fidelity Wise Origin Bitcoin | New | 0.01% | +0.01 |
| HDV iShares Core High Dividend E | New | 0.01% | +0.01 |
| MDY State Street SPDR S&P Midcap | Add +20.9% | 0.07% | +0.01 |
| EFV iShares MSCI Eafe Value ETF | New | 0.01% | +0.01 |
| VLO Valero Energy Corp. | Add +0.6% | 0.06% | +0.01 |
| VWO Vanguard Ftse Emerging Marke | Add +3.7% | 0.15% | +0.01 |
| ORCL Oracle Corp. | Add +0.9% | 0.05% | +0.01 |
| MU Micron Technology Inc. | Add +8.0% | 0.03% | +0.01 |
| SGOV iShares 0-3 Month Treasury B | New | 0.01% | +0.01 |
| LOW Lowe's Cos Inc. | New | 0.01% | +0.01 |
| USB US Bancorp | Add +0.8% | 0.79% | +0.01 |
| EEMV iShares MSCI Emg MKT Min Vol | New | 0.01% | +0.01 |
| TRV The Travelers Cos Inc. | New | 0.01% | +0.01 |
| AMD Advanced Micro Devices | New | 0.01% | +0.01 |
| BNT Brookfield Wealth Solutions | New | 0.01% | +0.01 |
| FDX FedEx Corp. | New | 0.01% | +0.01 |
| IVW iShares S&P 500 Growth ETF | Add +6.4% | 0.07% | +0.01 |
| ESML iShares ESG Aware MSCI USA S | Add +6.4% | 0.07% | +0.01 |
| CRF Cornerstone Total Return | New | 0.01% | +0.01 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +20.3% | 0.03% | +0.00 |
| CLM Cornerstone Strategic Invest | New | 0.00% | +0.00 |
| LINE Lineage Inc. | Add +32.5% | 0.04% | +0.00 |
| IWF iShares Russell 1000 Growth | Add +1.1% | 0.09% | +0.00 |
| TSM Taiwan Semiconductor-SP ADR | Add +6.1% | 0.02% | +0.00 |
| IGIB iShares 5-10Y Inv Grade Corp. | Add +7.3% | 0.12% | +0.00 |
| SHY iShares 1-3 Year Treasury Bo | Add +8.4% | 0.13% | +0.00 |
| TJX TJX Companies Inc. | Add +2.7% | 0.02% | +0.00 |
| IEI iShares 3-7 Year Treasury Bo | Add +7.7% | 0.11% | +0.00 |
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 |