Ferguson Wellman Capital Management, Inc.
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 23, 2026), Ferguson Wellman Capital Management, Inc. reported 442 stock positions worth $8.2 billion. Its top holding was Alphabet Class A (GOOGL) at 5.3% of the portfolio, followed by iShares MSCI Acwi Ex US ETF (ACWX, 5.1%) and Apple (AAPL, 4.9%). Compared with Q1 2026, it opened 42 new positions, sold out of 7, added to 151 and reduced 171. The biggest buy was a new position in Cummins (CMI) and the biggest sale Uber Technologies (UBER, shares −99%).
- Most Recent 13F
- Q2 2026
- Location
- PORTLAND, OR
- CIK
- 0000869353
- Portfolio Value
- $8.2B (Q2 2026)
- SEC Filing
- 0000869353-26-000005 ↗ filed Jul 23, 2026
Holdings Value
Holdings 442 stocks · $8.2B
| GOOGL Alphabet Inc. Class A | 5.33% | 1,221,460 | $436.5M | Add +0.9% |
| ACWX iShares MSCI Acwi Ex US ETF | 5.11% | 5,496,301 | $418.3M | Reduce -0.1% |
| AAPL Apple Inc. | 4.90% | 1,387,665 | $401.5M | Add +1.7% |
| NVDA Nvidia Corp. | 4.81% | 1,970,971 | $394.4M | Add +5.1% |
| MSFT Microsoft Corp. | 4.26% | 934,736 | $348.7M | Add +2.9% |
| AVGO Broadcom Inc. | 3.26% | 707,464 | $267.2M | Add +0.9% |
| JPM JPMorgan Chase & Co. | 2.91% | 728,201 | $238.4M | Reduce -2.8% |
| CSCO Cisco Systems Inc. | 2.24% | 1,562,228 | $183.5M | Reduce -0.3% |
| AMZN Amazon.com Inc. | 2.17% | 745,418 | $177.7M | Add +1.5% |
| AGG iShares Core U.S. Aggregate | 2.10% | 1,741,645 | $172.4M | Add +2.4% |
| ABBV Abbvie Inc. | 2.02% | 656,778 | $165.3M | Add +1.0% |
| IVV iShares Core S&P 500 ETF | 2.01% | 219,648 | $164.5M | Add +4.6% |
| CVX Chevron Corp. | 1.83% | 905,931 | $150.2M | Add +0.5% |
| MBB iShares MBS ETF | 1.78% | 1,544,469 | $146.0M | Add +5.6% |
| STT State Street Corp. | 1.68% | 809,023 | $137.2M | Reduce -19.9% |
| PG The Procter & Gamble Co. | 1.59% | 889,377 | $130.4M | Reduce -1.4% |
| V Visa Inc. Class A | 1.51% | 360,504 | $123.7M | Add +1.2% |
| AEP American Electric Power | 1.51% | 903,792 | $123.6M | Add +0.3% |
| ETR Entergy Corp. | 1.49% | 1,059,996 | $121.8M | Reduce -24.9% |
| JNJ Johnson & Johnson | 1.47% | 472,770 | $120.1M | Add +0.8% |
| PH Parker Hannifin Corp. | 1.41% | 118,495 | $115.9M | Reduce -5.8% |
| MU Micron Technology Inc. | 1.36% | 96,572 | $111.5M | Reduce -12.1% |
| INGERSOLL-RAND PLC | 1.13% | 188,467 | $92.6M | Add +2.6% |
| HD Home Depot Inc. | 1.11% | 258,640 | $91.2M | Reduce -0.3% |
| AMGN Amgen Inc. | 1.09% | 247,072 | $89.5M | Reduce -22.6% |
| PM Philip Morris International | 1.05% | 476,411 | $86.2M | Reduce -1.3% |
| WFC Wells Fargo & Co. | 0.98% | 974,537 | $80.5M | Reduce -0.4% |
| WMT Walmart Inc. | 0.98% | 709,760 | $80.4M | Reduce -25.6% |
| IWM iShares Russell 2000 ETF | 0.98% | 267,097 | $80.2M | Reduce -1.1% |
| PANW Palo Alto Networks Inc. | 0.94% | 226,065 | $77.1M | Add +14.4% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.89% | 480,461 | $72.8M | Add +1.2% |
| CMI Cummins Inc. | 0.87% | 99,511 | $71.0M | New |
| TSM Taiwan Semiconductor-SP ADR | 0.82% | 140,330 | $67.0M | Add +0.3% |
| HON Honeywell International Inc. | 0.81% | 297,232 | $66.6M | Add +21.9% |
| HONA Honeywell Aerospace Inc. | 0.80% | 297,237 | $65.7M | Add +22.0% |
| SCHW Schwab (charles) Corp. | 0.76% | 671,779 | $62.0M | Add +72.5% |
| ETN Eaton Corp. PLC | 0.75% | 143,454 | $61.1M | Add +4.5% |
| MS Morgan Stanley | 0.74% | 290,294 | $60.7M | Reduce -10.6% |
| COR Cencora Inc. | 0.74% | 214,235 | $60.6M | Add +1.0% |
| SYK Stryker Corp. | 0.72% | 186,935 | $58.9M | Add +1.2% |
| IEMG iShares Core MSCI Emerging | 0.72% | 709,590 | $58.8M | Add +0.3% |
| FCX Freeport-McMoran Inc. | 0.72% | 933,717 | $58.7M | Add +114.0% |
| VTEI Vanguard Int Tax-Exempt Bond | 0.69% | 561,581 | $56.7M | Reduce -3.2% |
| ADI Analog Devices Inc. | 0.67% | 138,288 | $54.9M | Add +19.4% |
| MRK Merck & Co. Inc. | 0.59% | 376,644 | $48.4M | Reduce -2.4% |
| AVB Avalonbay Communities Inc. | 0.57% | 247,561 | $46.7M | Reduce -1.2% |
| AIG American International Group | 0.57% | 622,343 | $46.4M | Reduce -0.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.51% | 149,003 | $41.9M | Reduce 0.0% |
| SMFG Sumitomo Mitsui-Spons ADR | 0.49% | 1,709,700 | $40.3M | Reduce -0.1% |
| TXN Texas Instruments Inc. | 0.49% | 134,689 | $40.1M | Add +58.8% |
| IJR iShares Core S&P Small-Cap E | 0.48% | 263,902 | $39.1M | Add +0.6% |
| TMO Thermo Fisher Scientific Inc. | 0.48% | 77,629 | $38.9M | Add +247.3% |
| EMR Emerson Electric Co. | 0.47% | 270,768 | $38.8M | Add +21.3% |
| APP AppLovin Corp. Class A | 0.42% | 67,092 | $34.6M | Add +3.0% |
| SIEGY Siemens AG-Spons ADR | 0.41% | 210,670 | $33.9M | Add +0.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.41% | 67,305 | $33.7M | Reduce -1.0% |
| META Meta Platforms Inc. Class A | 0.40% | 58,857 | $33.2M | Reduce -0.5% |
| T AT&T Inc. | 0.40% | 1,564,597 | $32.4M | Reduce -1.9% |
| BLK BlackRock Inc. | 0.39% | 33,347 | $32.1M | Reduce -1.4% |
| BCS Barclays PLC-Spons ADR | 0.39% | 1,180,408 | $31.7M | Add +1.1% |
| XOM Exxonmobil Holdings Corp. | 0.38% | 228,323 | $31.2M | Reduce -1.2% |
| CRH CRH PLC | 0.38% | 289,581 | $31.0M | Add +0.5% |
| EWBC East West Bancorp Inc. | 0.37% | 236,785 | $30.6M | Reduce -1.3% |
| NVS Novartis AG-Sponsored ADR | 0.35% | 182,260 | $28.6M | Reduce -0.1% |
| GOOG Alphabet Inc. Class C | 0.35% | 80,108 | $28.3M | Reduce -2.0% |
| THLLY Thales SA - Unsp ADR | 0.34% | 542,420 | $28.0M | Add +0.3% |
| MCD McDonald's Corp. | 0.32% | 96,953 | $26.2M | Reduce -1.0% |
| NRG NRG Energy Inc. | 0.32% | 177,514 | $25.9M | Add +4.5% |
| LLY Eli Lilly & Co. | 0.31% | 21,322 | $25.6M | Add +1.0% |
| XLI SS Industrial Select Sector | 0.30% | 132,696 | $24.6M | Reduce -6.7% |
| DPZ Domino's Pizza Inc. | 0.30% | 82,205 | $24.3M | Add +3315.3% |
| SONY Sony Group Corp. - SP ADR | 0.28% | 1,153,323 | $23.1M | Reduce -0.3% |
| VZ Verizon Communications Inc. | 0.28% | 544,261 | $23.0M | Reduce -1.7% |
| KMI Kinder Morgan Inc. | 0.28% | 712,839 | $22.8M | Reduce -0.8% |
| XLE SS Energy Select Sector | 0.27% | 421,453 | $22.4M | Reduce -0.5% |
| BHP BHP Group Ltd.-Spon ADR filed as BHP BILLITON LIMITED | 0.26% | 258,419 | $21.5M | Add +1.1% |
| CAT Caterpillar Inc. | 0.26% | 20,146 | $21.5M | Add +0.9% |
| AXAHY AXA -Spons ADR filed as AXA SA | 0.26% | 425,083 | $21.4M | Reduce -0.5% |
| MCK McKesson Corp. | 0.26% | 28,236 | $21.3M | Add +3.4% |
| NGG National Grid PLC-SP ADR | 0.26% | 255,077 | $21.1M | Add +1.4% |
| COST Costco Wholesale Corp. | 0.25% | 21,693 | $20.3M | Reduce -2.1% |
| CNQ Canadian Natural Resources | 0.23% | 486,569 | $19.2M | Reduce -0.0% |
| SMH Vaneck Semiconductor ETF | 0.23% | 29,167 | $19.1M | Reduce -1.1% |
| AAON Aaon Inc. | 0.23% | 150,136 | $19.0M | Reduce -9.6% |
| AMP Ameriprise Financial Inc. | 0.23% | 41,476 | $19.0M | Reduce -2.2% |
| SCCO Southern Copper Corp. | 0.22% | 101,514 | $17.7M | Add +148.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.21% | 23,364 | $17.4M | Add +6.0% |
| EAGG iShares ESG Aware US Aggrega | 0.21% | 367,233 | $17.4M | Add +2.0% |
| LMT Lockheed Martin Corp. | 0.21% | 33,559 | $17.1M | Reduce -3.3% |
| XLK SS Technology Select Sector | 0.20% | 87,352 | $16.6M | Add +0.6% |
| WMMVY Walmart DE Mexico-Spon ADR V | 0.20% | 544,703 | $16.0M | Add +3.1% |
| ITA iShares U.S. Aerospace & Def | 0.20% | 66,008 | $16.0M | Reduce -1.0% |
| ESGE iShares Inc. iShares ESG Awar | 0.19% | 281,749 | $15.4M | Reduce -0.5% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.19% | 20,072 | $15.3M | Reduce -1.1% |
| VWO Vanguard Ftse Emerging Marke | 0.18% | 251,642 | $15.0M | Reduce -4.2% |
| MET Metlife Inc. | 0.18% | 172,664 | $14.6M | Reduce -2.7% |
| VEA Vanguard Ftse Developed ETF | 0.17% | 199,518 | $14.2M | Reduce -3.2% |
| IYG iShares U.S. Financial Servi | 0.16% | 148,491 | $13.4M | No change |
| GVI iShares Intermediate Governm | 0.15% | 116,370 | $12.3M | Add +1.7% |
| UPS United Parcel Service Class B | 0.15% | 112,529 | $12.1M | Add +10.2% |
Portfolio Sells Q1 2026 → Q2 2026
| UBER Uber Technologies Inc. | Reduce -98.8% | 0.01% | −0.80 |
| ETR Entergy Corp. | Reduce -24.9% | 1.49% | −0.68 |
| WMT Walmart Inc. | Reduce -25.6% | 0.98% | −0.64 |
| AMGN Amgen Inc. | Reduce -22.6% | 1.09% | −0.44 |
| NKE Nike Inc. Class B | Reduce -93.5% | 0.02% | −0.42 |
| T AT&T Inc. | Reduce -1.9% | 0.40% | −0.24 |
| ABT Abbott Laboratories | Reduce -77.3% | 0.04% | −0.20 |
| PG The Procter & Gamble Co. | Reduce -1.4% | 1.59% | −0.19 |
| XOM Exxonmobil Holdings Corp. | Reduce -1.2% | 0.38% | −0.15 |
| PH Parker Hannifin Corp. | Reduce -5.8% | 1.41% | −0.12 |
| JPM JPMorgan Chase & Co. | Reduce -2.8% | 2.91% | −0.10 |
| VTEI Vanguard Int Tax-Exempt Bond | Reduce -3.2% | 0.69% | −0.10 |
| VZ Verizon Communications Inc. | Reduce -1.7% | 0.28% | −0.10 |
| MCD McDonald's Corp. | Reduce -1.0% | 0.32% | −0.10 |
| CNQ Canadian Natural Resources | Reduce -0.0% | 0.23% | −0.09 |
| XLE SS Energy Select Sector | Reduce -0.5% | 0.27% | −0.08 |
| WFC Wells Fargo & Co. | Reduce -0.4% | 0.98% | −0.08 |
| LMT Lockheed Martin Corp. | Reduce -3.3% | 0.21% | −0.08 |
| AIG American International Group | Reduce -0.5% | 0.57% | −0.08 |
| STT State Street Corp. | Reduce -19.9% | 1.68% | −0.07 |
| UNVGY Universal Music Gro-Unsp ADR | Reduce -97.3% | 0.00% | −0.06 |
| META Meta Platforms Inc. Class A | Reduce -0.5% | 0.40% | −0.06 |
| COST Costco Wholesale Corp. | Reduce -2.1% | 0.25% | −0.05 |
| BLK BlackRock Inc. | Reduce -1.4% | 0.39% | −0.05 |
| HD Home Depot Inc. | Reduce -0.3% | 1.11% | −0.05 |
| KMI Kinder Morgan Inc. | Reduce -0.8% | 0.28% | −0.05 |
| SONY Sony Group Corp. - SP ADR | Reduce -0.3% | 0.28% | −0.04 |
| MRK Merck & Co. Inc. | Reduce -2.4% | 0.59% | −0.04 |
| ACWX iShares MSCI Acwi Ex US ETF | Reduce -0.1% | 5.11% | −0.04 |
| PM Philip Morris International | Reduce -1.3% | 1.05% | −0.04 |
| INTU Intuit Inc. | Reduce -0.2% | 0.04% | −0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.0% | 0.41% | −0.03 |
| NVS Novartis AG-Sponsored ADR | Reduce -0.1% | 0.35% | −0.03 |
| MDT Medtronic PLC | Reduce -3.5% | 0.11% | −0.03 |
| SCMB Schwab Municipal Bond ETF | Reduce -37.2% | 0.04% | −0.03 |
| AMP Ameriprise Financial Inc. | Reduce -2.2% | 0.23% | −0.03 |
| PEP Pepsico Inc. | Reduce -1.5% | 0.07% | −0.02 |
| AJG Arthur J Gallagher & Co. | Reduce -8.0% | 0.12% | −0.02 |
| MSI Motorola Solutions Inc. | Reduce -5.1% | 0.08% | −0.02 |
| VSS Vanguard Ftse All Wo X-US SC | Reduce -12.8% | 0.08% | −0.02 |
| BRK.A Berkshire Hathaway Inc. Class A | Reduce -10.0% | 0.08% | −0.02 |
| XLP SS Consumer Staples Sel Sect | Reduce -11.2% | 0.06% | −0.02 |
| TSLA Tesla Inc. | Reduce -12.9% | 0.11% | −0.01 |
| XLI SS Industrial Select Sector | Reduce -6.7% | 0.30% | −0.01 |
| AN Autonation Inc. | Reduce -2.9% | 0.06% | −0.01 |
| AVY Avery Dennison Corp. | Reduce -4.0% | 0.05% | −0.01 |
| VWO Vanguard Ftse Emerging Marke | Reduce -4.2% | 0.18% | −0.01 |
| COP Conocophillips | Reduce -0.0% | 0.02% | −0.01 |
| XLY SS Consumer Disc Select Sect | Reduce -13.7% | 0.05% | −0.01 |
| ADBE Adobe Inc. | Reduce -11.8% | 0.02% | −0.01 |
Portfolio Buys Q1 2026 → Q2 2026
| CMI Cummins Inc. | New | 0.87% | +0.87 |
| GOOGL Alphabet Inc. Class A | Add +0.9% | 5.33% | +0.57 |
| PANW Palo Alto Networks Inc. | Add +14.4% | 0.94% | +0.51 |
| FCX Freeport-McMoran Inc. | Add +114.0% | 0.72% | +0.37 |
| NVDA Nvidia Corp. | Add +5.1% | 4.81% | +0.34 |
| TMO Thermo Fisher Scientific Inc. | Add +247.3% | 0.48% | +0.32 |
| AVGO Broadcom Inc. | Add +0.9% | 3.26% | +0.30 |
| DPZ Domino's Pizza Inc. | Add +3315.3% | 0.30% | +0.29 |
| TXN Texas Instruments Inc. | Add +58.8% | 0.49% | +0.27 |
| SCHW Schwab (charles) Corp. | Add +72.5% | 0.76% | +0.26 |
| TSM Taiwan Semiconductor-SP ADR | Add +0.3% | 0.82% | +0.17 |
| AAPL Apple Inc. | Add +1.7% | 4.90% | +0.17 |
| ADI Analog Devices Inc. | Add +19.4% | 0.67% | +0.17 |
| IVV iShares Core S&P 500 ETF | Add +4.6% | 2.01% | +0.13 |
| SCCO Southern Copper Corp. | Add +148.2% | 0.22% | +0.12 |
| ABBV Abbvie Inc. | Add +1.0% | 2.02% | +0.08 |
| INGERSOLL-RAND PLC | Add +2.6% | 1.13% | +0.08 |
| AMZN Amazon.com Inc. | Add +1.5% | 2.17% | +0.08 |
| ETN Eaton Corp. PLC | Add +4.5% | 0.75% | +0.07 |
| EMR Emerson Electric Co. | Add +21.3% | 0.47% | +0.07 |
| CAT Caterpillar Inc. | Add +0.9% | 0.26% | +0.07 |
| APP AppLovin Corp. Class A | Add +3.0% | 0.42% | +0.07 |
| AMAT Applied Materials Inc. | Add +0.3% | 0.14% | +0.07 |
| HONA Honeywell Aerospace Inc. | Add +22.0% | 0.80% | +0.07 |
| SIEGY Siemens AG-Spons ADR | Add +0.3% | 0.41% | +0.06 |
| INTC Intel Corp. | Add +24.3% | 0.08% | +0.06 |
| BCS Barclays PLC-Spons ADR | Add +1.1% | 0.39% | +0.05 |
| LLY Eli Lilly & Co. | Add +1.0% | 0.31% | +0.05 |
| XLK SS Technology Select Sector | Add +0.6% | 0.20% | +0.05 |
| IEMG iShares Core MSCI Emerging | Add +0.3% | 0.72% | +0.04 |
| V Visa Inc. Class A | Add +1.2% | 1.51% | +0.04 |
| LRCX Lam Research Corp. | Add +16.9% | 0.06% | +0.03 |
| IJR iShares Core S&P Small-Cap E | Add +0.6% | 0.48% | +0.03 |
| GLW Corning Inc. | Add +3.8% | 0.05% | +0.02 |
| POR Portland General Electric Co. | New | 0.02% | +0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +6.0% | 0.21% | +0.02 |
| QCOM Qualcomm Inc. | Add +78.7% | 0.03% | +0.01 |
| GNRC Generac Holdings Inc. | New | 0.01% | +0.01 |
| UPS United Parcel Service Class B | Add +10.2% | 0.15% | +0.01 |
| ACWI iShares MSCI Acwi ETF | Add +139.2% | 0.02% | +0.01 |
| AMD Advanced Micro Devices | Add +10.3% | 0.01% | +0.01 |
| BHP BHP Group Ltd.-Spon ADR | Add +1.1% | 0.26% | +0.01 |
| GE General Electric | Add +0.9% | 0.05% | +0.01 |
| CLX Clorox Company | New | 0.01% | +0.01 |
| ESGU iShares ESG Aware MSCI USA | Add +3.1% | 0.13% | +0.01 |
| GEV GE Vernova Inc. | Add +0.9% | 0.04% | +0.01 |
| PLTR Palantir Technologies Inc. Class A | New | 0.01% | +0.01 |
| VTI VG Morningstar TS MKT ETF-US | Add +1.5% | 0.14% | +0.01 |
| VOOG Vanguard S&P 500 Growth ETF | Add +80.4% | 0.01% | +0.01 |
| SPYM Ste STR SPDR PT S&P 500 ETF | New | 0.01% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 442 | $8.2B | GOOGL, ACWX, AAPL, NVDA, MSFT |
| Q1 2026 | 406 | $7.3B | ACWX, GOOGL, AAPL, MSFT, NVDA |
| Q4 2025 | 358 | $6.2B | MSFT, GOOGL, AAPL, NVDA, AVGO |
| Q3 2025 | 354 | $6.2B | MSFT, NVDA, GOOGL, AAPL, AVGO |
| Q2 2025 | 340 | $5.7B | MSFT, NVDA, AAPL, GOOGL, JPM |
| Q1 2025 | 358 | $5.2B | MSFT, AAPL, NVDA, GOOGL, JPM |
| Q4 2024 | 348 | $5.3B | MSFT, AAPL, GOOGL, NVDA, AVGO |
| Q3 2024Amended | 359 | $5.2B | MSFT, AAPL, GOOGL, NVDA, JPM |
| Q2 2024 | 354 | $4.9B | MSFT, GOOGL, AAPL, NVDA, JPM |
| Q1 2024 | 368 | $4.9B | MSFT, AAPL, GOOGL, NVDA, JPM |