Becker Capital Management Inc.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Becker Capital Management Inc. reported 301 stock positions worth $3.5 billion. Its top holding was Microsoft (MSFT) at 4.8% of the portfolio, followed by Apple (AAPL, 4.8%) and Vanguard Mrngstar GR ETF-Sui (VUG, 3.6%). Compared with Q3 2025, it opened 12 new positions, sold out of 6, added to 115 and reduced 130. The biggest buy was Alphabet Class A (GOOGL, shares +4%) and the biggest sale Microsoft (MSFT, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- Portland, OR
- CIK
- 0000799004
- Portfolio Value
- $3.5B (Q4 2025)
- SEC Filing
- 0001941040-26-000148 ↗ filed Feb 13, 2026
Holdings Value
Holdings 301 stocks · $3.5B
| MSFT Microsoft Corp. | 4.83% | 349,274 | $168.9M | Reduce -2.8% |
| AAPL Apple Inc. | 4.80% | 617,560 | $167.9M | Reduce -0.6% |
| VUG Vanguard Mrngstar GR ETF-Sui | 3.59% | 257,227 | $125.5M | Add +2.1% |
| JPM JPMorgan Chase & Co. | 3.29% | 356,613 | $114.9M | Reduce -0.4% |
| VTI VG Morningstar TS MKT ETF-US | 2.59% | 269,838 | $90.5M | Add +1.4% |
| EMBJ Embraer SA-Spon ADR | 2.47% | 1,337,065 | $86.2M | Reduce -6.4% |
| EFA iShares MSCI Eafe ETF | 2.26% | 821,593 | $78.9M | Add +2.5% |
| GS Goldman Sachs Group Inc. | 2.11% | 83,712 | $73.6M | Add +0.5% |
| SCHW Schwab (charles) Corp. | 2.10% | 735,545 | $73.5M | Reduce -1.6% |
| GOOGL Alphabet Inc. Class A | 2.09% | 233,322 | $73.0M | Add +4.1% |
| WMT Walmart Inc. | 1.99% | 625,721 | $69.7M | Reduce -2.4% |
| RTX RTX Corp. | 1.93% | 368,345 | $67.6M | Reduce -0.5% |
| MCK McKesson Corp. | 1.85% | 78,577 | $64.5M | Reduce -1.0% |
| AMZN Amazon.com Inc. | 1.80% | 272,853 | $63.0M | Add +0.1% |
| NVDA Nvidia Corp. | 1.75% | 327,584 | $61.1M | Reduce -0.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.62% | 82,756 | $56.6M | Add +0.6% |
| NEM Newmont Corp. | 1.60% | 559,014 | $55.8M | Reduce -3.2% |
| JNJ Johnson & Johnson | 1.53% | 258,064 | $53.4M | Reduce -0.2% |
| BLK BlackRock Inc. | 1.50% | 48,920 | $52.4M | Reduce -1.6% |
| CSCO Cisco Systems Inc. | 1.47% | 666,977 | $51.4M | Reduce -1.0% |
| IJR iShares Core S&P Small-Cap E | 1.46% | 425,399 | $51.1M | Reduce -0.4% |
| CIEN Ciena Corp. | 1.34% | 200,424 | $46.9M | Reduce -8.1% |
| QCOM Qualcomm Inc. | 1.34% | 273,521 | $46.8M | Reduce -0.4% |
| SAP Sap SE-Sponsored ADR | 1.20% | 172,045 | $41.8M | Add +2.7% |
| ALL Allstate Corp. | 1.13% | 188,264 | $39.4M | Reduce -1.4% |
| CVX Chevron Corp. | 1.10% | 251,733 | $38.4M | Reduce -0.0% |
| FE Firstenergy Corp. | 1.04% | 808,769 | $36.2M | Reduce -0.1% |
| FLEX Flex Ltd. | 1.00% | 576,083 | $34.8M | Reduce -2.5% |
| CRM Salesforce Inc. | 0.98% | 129,104 | $34.3M | Reduce -0.5% |
| AZN Astrazeneca PLC-Spons ADR | 0.95% | 362,382 | $33.3M | Reduce -0.8% |
| SYY Sysco Corp. | 0.95% | 449,206 | $33.1M | Reduce -2.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.94% | 65,181 | $32.8M | Add +0.0% |
| MRK Merck & Co. Inc. | 0.87% | 285,455 | $30.3M | Reduce -3.7% |
| HD Home Depot Inc. | 0.84% | 85,685 | $29.5M | Reduce -7.0% |
| PG The Procter & Gamble Co. | 0.82% | 200,505 | $28.7M | Reduce -1.5% |
| APD Air Products & Chemicals Inc. | 0.82% | 115,832 | $28.6M | Reduce -0.9% |
| AMGN Amgen Inc. | 0.82% | 87,109 | $28.5M | Reduce -1.5% |
| USB US Bancorp | 0.81% | 528,612 | $28.5M | Reduce -3.9% |
| BKR Baker Hughes Co. | 0.80% | 616,496 | $28.1M | Add +1.4% |
| GD General Dynamics Corp. | 0.80% | 83,364 | $28.1M | Reduce -1.0% |
| KMI Kinder Morgan Inc. | 0.80% | 1,017,783 | $28.0M | Add +0.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.79% | 240,296 | $27.5M | Add +0.6% |
| IEMG iShares Core MSCI Emerging | 0.79% | 408,505 | $27.5M | Add +1.2% |
| CB Chubb Ltd. | 0.77% | 85,652 | $26.8M | Reduce -0.7% |
| VNQ Vanguard Real Estate ETF | 0.75% | 297,141 | $26.3M | Reduce -7.0% |
| AZO AutoZone Inc. | 0.75% | 7,698 | $26.1M | Reduce -1.3% |
| INTC Intel Corp. | 0.73% | 688,659 | $25.4M | Reduce -16.6% |
| PHG Koninklijke Philips NVR- NY | 0.71% | 915,066 | $24.8M | Add +0.4% |
| LLY Eli Lilly & Co. | 0.70% | 22,776 | $24.5M | Add +5.1% |
| SNY Sanofi-ADR | 0.70% | 503,256 | $24.4M | Reduce -3.7% |
| META Meta Platforms Inc. Class A | 0.68% | 35,785 | $23.6M | Add +2.1% |
| CARR Carrier Global Corp. | 0.66% | 434,706 | $23.0M | Add +2.1% |
| TEL Te Connectivity PLC | 0.65% | 100,524 | $22.9M | Reduce -1.2% |
| VZ Verizon Communications Inc. | 0.65% | 557,858 | $22.7M | Reduce -0.3% |
| COST Costco Wholesale Corp. | 0.64% | 26,084 | $22.5M | Reduce -0.7% |
| V Visa Inc. Class A | 0.64% | 63,377 | $22.2M | Add +0.1% |
| SO The Southern Co. | 0.61% | 243,626 | $21.2M | Add +1.3% |
| IEFA iShares Core MSCI Eafe ETF | 0.58% | 226,216 | $20.2M | Add +13.1% |
| MEOH Methanex Corp. | 0.57% | 505,819 | $20.1M | Reduce -4.3% |
| ETN Eaton Corp. PLC | 0.57% | 62,431 | $19.9M | Reduce -0.0% |
| IVV iShares Core S&P 500 ETF | 0.55% | 28,294 | $19.4M | Add +14.7% |
| PYPL PayPal Holdings Inc. | 0.55% | 328,851 | $19.2M | Reduce -1.3% |
| BRKR Bruker Corp. | 0.55% | 403,995 | $19.1M | Add +34.1% |
| TKR Timken Co. | 0.47% | 197,005 | $16.6M | Reduce -7.9% |
| KR Kroger Co. | 0.46% | 256,186 | $16.0M | Add +1.4% |
| HON Honeywell International Inc. | 0.44% | 78,869 | $15.4M | Reduce -8.3% |
| NKE Nike Inc. Class B | 0.44% | 237,981 | $15.3M | Reduce -16.9% |
| SHEL Shell PLC-ADR | 0.43% | 203,281 | $14.9M | Reduce -4.9% |
| BX Blackstone Inc. | 0.40% | 90,319 | $13.9M | Reduce -0.8% |
| ACN Accenture PLC Class A | 0.39% | 50,363 | $13.5M | Add +17.3% |
| PFE Pfizer Inc. | 0.37% | 519,891 | $12.9M | Add +59.5% |
| EMR Emerson Electric Co. | 0.36% | 95,670 | $12.7M | Add +14.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.36% | 227,281 | $12.5M | Reduce -1.7% |
| XVV iShares ESG Select Screened | 0.35% | 230,899 | $12.2M | Add +2.2% |
| VOO Vanguard S&P 500 ETF | 0.34% | 19,151 | $12.0M | Add +32.7% |
| AVGO Broadcom Inc. | 0.34% | 34,054 | $11.8M | Add +4.5% |
| BEPC Brookfield Renewable Corp. | 0.32% | 289,948 | $11.1M | Add +17.6% |
| DGX Quest Diagnostics Inc. | 0.31% | 62,166 | $10.8M | Reduce -3.0% |
| VEA Vanguard Ftse Developed ETF | 0.30% | 165,470 | $10.3M | Add +10.8% |
| XOM Exxon Mobil Corp. | 0.29% | 83,901 | $10.1M | Reduce -14.8% |
| GO Grocery Outlet Holding Corp. | 0.28% | 982,882 | $9.9M | Add +84.0% |
| MS Morgan Stanley | 0.28% | 55,862 | $9.9M | Reduce -0.3% |
| O Realty Income Corp. | 0.28% | 171,503 | $9.7M | Reduce -18.4% |
| IWM iShares Russell 2000 ETF | 0.27% | 38,829 | $9.6M | Add +0.7% |
| ECL Ecolab Inc. | 0.27% | 35,626 | $9.4M | Reduce -3.7% |
| BDX Becton Dickinson and Co. | 0.27% | 48,190 | $9.4M | Add +1.5% |
| GLD SPDR Gold Shares | 0.25% | 22,287 | $8.8M | Reduce -0.5% |
| GOOG Alphabet Inc. Class C | 0.23% | 25,318 | $7.9M | Add +1.6% |
| BAX Baxter International Inc. | 0.19% | 347,788 | $6.6M | Reduce -16.3% |
| WBD Warner Bros Discovery Inc. | 0.19% | 225,789 | $6.5M | Reduce -11.1% |
| IJJ iShares S&P Mid-Cap 400 Valu | 0.18% | 48,804 | $6.4M | No change |
| VGK Vanguard Ftse Europe ETF | 0.17% | 72,987 | $6.1M | Reduce -0.2% |
| MOH Molina Healthcare Inc. | 0.17% | 34,415 | $6.0M | Reduce -9.5% |
| SBUX Starbucks Corp. | 0.16% | 64,957 | $5.5M | Reduce -5.7% |
| WM Waste Management Inc. | 0.15% | 24,352 | $5.4M | Reduce -3.5% |
| TFX Teleflex Inc. | 0.15% | 43,358 | $5.3M | Reduce -9.1% |
| VWO Vanguard Ftse Emerging Marke | 0.15% | 97,327 | $5.2M | Add +5.8% |
| ADBE Adobe Inc. | 0.15% | 14,872 | $5.2M | Reduce -2.9% |
| UNP Union Pacific Corp. | 0.15% | 22,467 | $5.2M | Reduce -0.8% |
| SHY iShares 1-3 Year Treasury Bo | 0.15% | 62,710 | $5.2M | Add +16.6% |
Portfolio Sells Q3 2025 → Q4 2025
| MSFT Microsoft Corp. | Reduce -2.8% | 4.83% | −0.60 |
| HD Home Depot Inc. | Reduce -7.0% | 0.84% | −0.25 |
| AZO AutoZone Inc. | Reduce -1.3% | 0.75% | −0.23 |
| BLK BlackRock Inc. | Reduce -1.6% | 1.50% | −0.20 |
| SYY Sysco Corp. | Reduce -2.8% | 0.95% | −0.16 |
| MCHP Microchip Technology Inc. | Reduce -76.8% | 0.04% | −0.15 |
| NKE Nike Inc. Class B | Reduce -16.9% | 0.44% | −0.15 |
| ETN Eaton Corp. PLC | Reduce -0.0% | 0.57% | −0.11 |
| APD Air Products & Chemicals Inc. | Reduce -0.9% | 0.82% | −0.11 |
| PYPL PayPal Holdings Inc. | Reduce -1.3% | 0.55% | −0.10 |
| VNQ Vanguard Real Estate ETF | Reduce -7.0% | 0.75% | −0.10 |
| O Realty Income Corp. | Reduce -18.4% | 0.28% | −0.10 |
| PG The Procter & Gamble Co. | Reduce -1.5% | 0.82% | −0.09 |
| HON Honeywell International Inc. | Reduce -8.3% | 0.44% | −0.09 |
| BAX Baxter International Inc. | Reduce -16.3% | 0.19% | −0.09 |
| DEO Diageo PLC-Sponsored ADR | Reduce -28.4% | 0.15% | −0.08 |
| INTC Intel Corp. | Reduce -16.6% | 0.73% | −0.08 |
| ALL Allstate Corp. | Reduce -1.4% | 1.13% | −0.08 |
| VZ Verizon Communications Inc. | Reduce -0.3% | 0.65% | −0.07 |
| COST Costco Wholesale Corp. | Reduce -0.7% | 0.64% | −0.07 |
| EMBJ Embraer SA-Spon ADR | Reduce -6.4% | 2.47% | −0.06 |
| BX Blackstone Inc. | Reduce -0.8% | 0.40% | −0.06 |
| DGX Quest Diagnostics Inc. | Reduce -3.0% | 0.31% | −0.05 |
| FE Firstenergy Corp. | Reduce -0.1% | 1.04% | −0.05 |
| CVX Chevron Corp. | Reduce -0.0% | 1.10% | −0.04 |
| FISV Fiserv Inc. | Reduce -1.1% | 0.04% | −0.04 |
| HOLX Hologic Inc. | Reduce -31.7% | 0.12% | −0.04 |
| MOH Molina Healthcare Inc. | Reduce -9.5% | 0.17% | −0.04 |
| LW Lamb Weston Holdings Inc. | Reduce -2.7% | 0.09% | −0.04 |
| MEOH Methanex Corp. | Reduce -4.3% | 0.57% | −0.04 |
| NVDA Nvidia Corp. | Reduce -0.1% | 1.75% | −0.04 |
| GD General Dynamics Corp. | Reduce -1.0% | 0.80% | −0.04 |
| XOM Exxon Mobil Corp. | Reduce -14.8% | 0.29% | −0.04 |
| ECL Ecolab Inc. | Reduce -3.7% | 0.27% | −0.03 |
| SNY Sanofi-ADR | Reduce -3.7% | 0.70% | −0.02 |
| IJR iShares Core S&P Small-Cap E | Reduce -0.4% | 1.46% | −0.02 |
| SHEL Shell PLC-ADR | Reduce -4.9% | 0.43% | −0.02 |
| TFX Teleflex Inc. | Reduce -9.1% | 0.15% | −0.02 |
| WY Weyerhaeuser Co. | Reduce -11.8% | 0.08% | −0.02 |
| IVW iShares S&P 500 Growth ETF | Reduce -22.8% | 0.05% | −0.02 |
| FAST Fastenal Co. | Reduce -3.9% | 0.05% | −0.01 |
| SBUX Starbucks Corp. | Reduce -5.7% | 0.16% | −0.01 |
| BLKB Blackbaud Inc. | Reduce -6.1% | 0.13% | −0.01 |
| VCSH Vanguard S/T Corp. Bond ETF | Sold out | 0.00% | −0.01 |
| AGG iShares Core U.S. Aggregate | Reduce -16.9% | 0.05% | −0.01 |
| MRSH Marsh & McLennan Cos | Reduce -1.2% | 0.09% | −0.01 |
| JPM JPMorgan Chase & Co. | Reduce -0.4% | 3.29% | −0.01 |
| WM Waste Management Inc. | Reduce -3.5% | 0.15% | −0.01 |
| HPQ HP Inc. | Reduce -5.2% | 0.03% | −0.01 |
| VLUE iShares MSCI USA Value Facto | Sold out | 0.00% | −0.01 |
Portfolio Buys Q3 2025 → Q4 2025
| GOOGL Alphabet Inc. Class A | Add +4.1% | 2.09% | +0.50 |
| BRKR Bruker Corp. | Add +34.1% | 0.55% | +0.26 |
| LLY Eli Lilly & Co. | Add +5.1% | 0.70% | +0.22 |
| GS Goldman Sachs Group Inc. | Add +0.5% | 2.11% | +0.17 |
| PFE Pfizer Inc. | Add +59.5% | 0.37% | +0.13 |
| VOO Vanguard S&P 500 ETF | Add +32.7% | 0.34% | +0.08 |
| ACN Accenture PLC Class A | Add +17.3% | 0.39% | +0.08 |
| IVV iShares Core S&P 500 ETF | Add +14.7% | 0.55% | +0.07 |
| EFA iShares MSCI Eafe ETF | Add +2.5% | 2.26% | +0.07 |
| BEPC Brookfield Renewable Corp. | Add +17.6% | 0.32% | +0.07 |
| IEFA iShares Core MSCI Eafe ETF | Add +13.1% | 0.58% | +0.07 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +2.1% | 3.59% | +0.06 |
| AMZN Amazon.com Inc. | Add +0.1% | 1.80% | +0.05 |
| GOOG Alphabet Inc. Class C | Add +1.6% | 0.23% | +0.05 |
| SPDW Ste STR SPDR PT DW Eu ETF | New | 0.04% | +0.04 |
| EMR Emerson Electric Co. | Add +14.5% | 0.36% | +0.04 |
| AKRE Akre Focus ETF | New | 0.04% | +0.04 |
| CCI Crown Castle Inc. | Add +85.8% | 0.09% | +0.04 |
| VEA Vanguard Ftse Developed ETF | Add +10.8% | 0.30% | +0.03 |
| GO Grocery Outlet Holding Corp. | Add +84.0% | 0.28% | +0.03 |
| VTI VG Morningstar TS MKT ETF-US | Add +1.4% | 2.59% | +0.03 |
| ESGU iShares ESG Aware MSCI USA | New | 0.02% | +0.02 |
| AVGO Broadcom Inc. | Add +4.5% | 0.34% | +0.02 |
| TT Trane Technologies PLC | New | 0.02% | +0.02 |
| LINE Lineage Inc. | Add +62.3% | 0.06% | +0.02 |
| TMO Thermo Fisher Scientific Inc. | Add +0.3% | 0.13% | +0.02 |
| SHY iShares 1-3 Year Treasury Bo | Add +16.6% | 0.15% | +0.02 |
| IEI iShares 3-7 Year Treasury Bo | Add +17.5% | 0.13% | +0.02 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +113.1% | 0.03% | +0.01 |
| IGIB iShares 5-10Y Inv Grade Corp. | Add +15.1% | 0.13% | +0.01 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +63.5% | 0.04% | +0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.6% | 1.62% | +0.01 |
| IBM Intl Business Machines Corp. | Add +14.9% | 0.09% | +0.01 |
| XPEV Xpeng Inc. - ADR | New | 0.01% | +0.01 |
| IGF iShares Global Infrastructur | New | 0.01% | +0.01 |
| BROS Dutch Bros Inc. Class A | Add +35.2% | 0.03% | +0.01 |
| IGSB iShares 1-5Y Inv Grade Corp. | Add +14.5% | 0.09% | +0.01 |
| LRCX Lam Research Corp. | Add +0.1% | 0.04% | +0.01 |
| IR Ingersoll-Rand Inc. | New | 0.01% | +0.01 |
| IEMG iShares Core MSCI Emerging | Add +1.2% | 0.79% | +0.01 |
| XVV iShares ESG Select Screened | Add +2.2% | 0.35% | +0.01 |
| BDX Becton Dickinson and Co. | Add +1.5% | 0.27% | +0.01 |
| OTIS Otis Worldwide Corp. | New | 0.01% | +0.01 |
| RY Royal Bank of Canada | New | 0.01% | +0.01 |
| AMAT Applied Materials Inc. | New | 0.01% | +0.01 |
| COP Conocophillips | New | 0.01% | +0.01 |
| WAT Waters Corp. | Add +0.1% | 0.03% | +0.01 |
| TSLA Tesla Inc. | Add +10.7% | 0.06% | +0.01 |
| ALK Alaska Air Group Inc. | Add +16.9% | 0.03% | +0.00 |
| V Visa Inc. Class A | Add +0.1% | 0.64% | +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 |