Ferguson Wellman Capital Management, Inc.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 9, 2024), Ferguson Wellman Capital Management, Inc. reported 368 stock positions worth $4.9 billion. Its top holding was Microsoft (MSFT) at 8.3% of the portfolio, followed by Apple (AAPL, 5.0%) and Alphabet Class A (GOOGL, 4.7%). Compared with Q4 2023, it opened 16 new positions, sold out of 11, added to 109 and reduced 164. The biggest buy was Nvidia (NVDA, shares +12%) and the biggest sale Apple (AAPL, shares −4%).
- Most Recent 13F
- Q2 2026
- Location
- PORTLAND, OR
- CIK
- 0000869353
- Portfolio Value
- $4.9B (Q1 2024)
- SEC Filing
- 0000869353-24-000003 ↗ filed Apr 9, 2024
Holdings Value
Holdings 368 stocks · $4.9B
| MSFT Microsoft Corp. | 8.29% | 966,487 | $406.6M | Add +2.0% |
| AAPL Apple Inc. | 5.01% | 1,433,397 | $245.8M | Reduce -4.2% |
| GOOGL Alphabet Inc. Class A | 4.66% | 1,515,259 | $228.7M | Add +1.9% |
| NVDA Nvidia Corp. | 3.48% | 188,642 | $170.4M | Add +12.0% |
| JPM JPMorgan Chase & Co. | 3.21% | 786,454 | $157.5M | Add +1.6% |
| PG The Procter & Gamble Co. | 2.84% | 859,287 | $139.4M | Add +1.6% |
| ABBV Abbvie Inc. | 2.42% | 651,818 | $118.7M | Add +18.6% |
| AVGO Broadcom Inc. | 2.30% | 85,215 | $112.9M | Reduce -9.3% |
| PH Parker Hannifin Corp. | 2.19% | 193,196 | $107.4M | Add +3.2% |
| HD Home Depot Inc. | 2.12% | 271,051 | $104.0M | Add +0.0% |
| V Visa Inc. Class A | 1.98% | 347,283 | $96.9M | Add +1.5% |
| HON Honeywell International Inc. | 1.91% | 455,322 | $93.5M | Reduce -8.2% |
| AMZN Amazon.com Inc. | 1.89% | 513,076 | $92.5M | Add +59.5% |
| IVV iShares Core S&P 500 ETF | 1.84% | 172,014 | $90.4M | Add +3.0% |
| JNJ Johnson & Johnson | 1.83% | 568,708 | $90.0M | Add +0.4% |
| CVX Chevron Corp. | 1.77% | 549,089 | $86.6M | Add +1.7% |
| CMCSA Comcast Corp. Class A | 1.61% | 1,821,694 | $79.0M | Add +2.7% |
| FTV Fortive Corp. | 1.50% | 856,619 | $73.7M | Add +2.9% |
| UNH Unitedhealth Group Inc. | 1.48% | 146,552 | $72.5M | Reduce -0.7% |
| TMO Thermo Fisher Scientific Inc. | 1.41% | 118,878 | $69.1M | Add +1.7% |
| ETR Entergy Corp. | 1.32% | 612,254 | $64.7M | Add +2.8% |
| SYK Stryker Corp. | 1.30% | 177,707 | $63.6M | Add +34.3% |
| STT State Street Corp. | 1.30% | 821,976 | $63.6M | Add +69.7% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.26% | 610,406 | $61.9M | Add +1.1% |
| MRK Merck & Co. Inc. | 1.24% | 461,948 | $61.0M | Reduce -0.3% |
| WMT Walmart Inc. | 1.15% | 934,816 | $56.2M | Add +2.8% |
| PM Philip Morris International | 1.13% | 606,884 | $55.6M | Add +0.6% |
| AIG American International Group | 1.11% | 698,042 | $54.6M | Add +2.2% |
| ABT Abbott Laboratories | 1.11% | 479,048 | $54.4M | Add +2.1% |
| SWPPX Schwab S&P 500 Index-Sel | 1.10% | 667,487 | $53.9M | Reduce -0.2% |
| CRWD CrowdStrike Holdings Inc. Class A | 1.08% | 165,458 | $53.0M | Add +3.9% |
| ETN Eaton Corp. PLC | 1.04% | 162,838 | $50.9M | Add +7.1% |
| PANW Palo Alto Networks Inc. | 0.98% | 168,950 | $48.0M | Add +4.4% |
| AVB Avalonbay Communities Inc. | 0.95% | 250,551 | $46.5M | Add +0.7% |
| TXT Textron Inc. | 0.94% | 478,812 | $45.9M | New |
| AN Autonation Inc. | 0.90% | 267,650 | $44.3M | Add +1.8% |
| APA Apa Corp. | 0.88% | 1,260,506 | $43.3M | Add +1.8% |
| NOW ServiceNow Inc. | 0.84% | 53,999 | $41.2M | Add +3.7% |
| AEP American Electric Power | 0.83% | 474,643 | $40.9M | Add +491.3% |
| PPG PPG Industries Inc. | 0.83% | 279,910 | $40.6M | Add +1.4% |
| MSI Motorola Solutions Inc. | 0.80% | 110,448 | $39.2M | Add +1.5% |
| EMR Emerson Electric Co. | 0.76% | 330,044 | $37.4M | Reduce -0.3% |
| CSCO Cisco Systems Inc. | 0.73% | 713,991 | $35.6M | Reduce -1.2% |
| MS Morgan Stanley | 0.70% | 364,451 | $34.3M | Reduce -3.1% |
| COR Cencora Inc. | 0.67% | 134,200 | $32.6M | Reduce -0.3% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.58% | 114,522 | $28.6M | Reduce -17.9% |
| BRO Brown & Brown Inc. | 0.58% | 324,623 | $28.4M | Add +2.5% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.58% | 515,057 | $28.2M | Add +0.8% |
| MNST Monster Beverage Corp. | 0.57% | 475,515 | $28.2M | Add +2.6% |
| BLK BlackRock Finance Inc. | 0.56% | 33,208 | $27.7M | Add +0.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.56% | 144,708 | $27.6M | Add +0.8% |
| AMP Ameriprise Financial Inc. | 0.55% | 62,026 | $27.2M | Reduce -0.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.54% | 63,533 | $26.7M | Add +0.2% |
| ADI Analog Devices Inc. | 0.54% | 133,808 | $26.5M | Reduce -3.7% |
| T AT&T Inc. | 0.54% | 1,494,679 | $26.3M | Add +5.7% |
| LKQ LKQ Corp. | 0.47% | 435,596 | $23.3M | Add +1.9% |
| MCD McDonald's Corp. | 0.47% | 81,501 | $23.0M | Reduce -61.6% |
| CCI Crown Castle Inc. | 0.46% | 213,807 | $22.6M | Add +2.3% |
| XLE SS Energy Select Sector | 0.45% | 234,672 | $22.2M | Reduce -1.9% |
| MAS Masco Corp. | 0.41% | 253,613 | $20.0M | Add +0.3% |
| COST Costco Wholesale Corp. | 0.36% | 23,763 | $17.4M | Reduce -1.4% |
| LMT Lockheed Martin Corp. | 0.35% | 38,244 | $17.4M | Reduce -63.5% |
| LLY Eli Lilly & Co. | 0.34% | 21,659 | $16.8M | Reduce -0.2% |
| DOW Dow Inc. | 0.34% | 286,471 | $16.6M | Add +1.2% |
| VZ Verizon Communications Inc. | 0.34% | 393,010 | $16.5M | Add +1.7% |
| TXN Texas Instruments Inc. | 0.33% | 92,262 | $16.1M | Reduce -0.7% |
| AVY Avery Dennison Corp. | 0.32% | 71,103 | $15.9M | Reduce -3.2% |
| UNP Union Pacific Corp. | 0.31% | 61,001 | $15.0M | Reduce -2.0% |
| EWBC East West Bancorp Inc. | 0.28% | 173,057 | $13.7M | Reduce -1.9% |
| MET Metlife Inc. | 0.27% | 177,649 | $13.2M | Add +0.1% |
| ITA iShares U.S. Aerospace & Def | 0.27% | 99,724 | $13.2M | Reduce -40.7% |
| XOM Exxon Mobil Corp. | 0.27% | 112,094 | $13.0M | Add +78.1% |
| GOOG Alphabet Inc. Class C | 0.25% | 79,619 | $12.1M | Reduce -1.2% |
| IYG iShares U.S. Financial Servi | 0.22% | 164,106 | $10.9M | Reduce -4.7% |
| XLK SS Technology Select Sector | 0.20% | 47,668 | $9.9M | Reduce -0.7% |
| INTU Intuit Inc. | 0.20% | 15,257 | $9.9M | Reduce -0.7% |
| KMI Kinder Morgan Inc. | 0.19% | 508,128 | $9.3M | Reduce -0.3% |
| CAT Caterpillar Inc. | 0.18% | 24,705 | $9.1M | Reduce -13.9% |
| IYJ iShares U.S. Industrials ETF | 0.18% | 69,882 | $8.8M | Reduce -1.5% |
| PEP Pepsico Inc. | 0.18% | 49,987 | $8.7M | Reduce -0.0% |
| XLP SS Consumer Staples Sel Sect | 0.14% | 91,446 | $7.0M | Reduce -1.2% |
| MA Mastercard Inc. Class A | 0.14% | 14,379 | $6.9M | Reduce -0.6% |
| VTI VG Morningstar TS MKT ETF-US | 0.14% | 26,186 | $6.8M | Reduce -0.3% |
| ALL Allstate Corp. | 0.13% | 37,576 | $6.5M | Reduce -2.9% |
| GILD Gilead Sciences Inc. | 0.13% | 88,610 | $6.5M | Reduce -16.8% |
| AMGN Amgen Inc. | 0.12% | 21,355 | $6.1M | Reduce -5.3% |
| NEE Nextera Energy Inc. | 0.12% | 94,531 | $6.0M | Reduce -7.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.12% | 11,460 | $6.0M | Add +2.0% |
| AMAT Applied Materials Inc. | 0.12% | 27,356 | $5.6M | Reduce -4.8% |
| XLB SS Materials Select Sector | 0.11% | 59,999 | $5.6M | Reduce -3.4% |
| XLF SS Financial Select Sector | 0.11% | 132,279 | $5.6M | Reduce -4.0% |
| ESGU iShares ESG Aware MSCI USA | 0.11% | 47,429 | $5.5M | Add +1.2% |
| ADBE Adobe Inc. | 0.11% | 10,420 | $5.3M | Reduce -0.0% |
| ZTS Zoetis Inc. | 0.11% | 30,623 | $5.2M | Reduce -78.8% |
| ITOT iShares Core S&P Total U.S. | 0.10% | 44,276 | $5.1M | Add +0.6% |
| VFIAX Vanguard 500 Index-Adm | 0.10% | 10,387 | $5.0M | Reduce -2.1% |
| IYC iShares US Consumer Discreti | 0.10% | 61,045 | $5.0M | Reduce -8.2% |
| XLV SS Health Care Select Sector | 0.10% | 33,214 | $4.9M | Add +4.3% |
| INTC Intel Corp. | 0.10% | 109,400 | $4.8M | Reduce -3.7% |
| XLI SS Industrial Select Sector | 0.10% | 38,168 | $4.8M | Reduce -1.6% |
Portfolio Sells Q4 2023 → Q1 2024
| AAPL Apple Inc. | Reduce -4.2% | 5.01% | −1.44 |
| MCD McDonald's Corp. | Reduce -61.6% | 0.47% | −0.94 |
| LMT Lockheed Martin Corp. | Reduce -63.5% | 0.35% | −0.71 |
| ZTS Zoetis Inc. | Reduce -78.8% | 0.11% | −0.53 |
| VOYA Voya Financial Inc. | Reduce -94.5% | 0.02% | −0.45 |
| HON Honeywell International Inc. | Reduce -8.2% | 1.91% | −0.42 |
| GEHC GE Healthcare Technology | Reduce -91.1% | 0.03% | −0.30 |
| UNH Unitedhealth Group Inc. | Reduce -0.7% | 1.48% | −0.26 |
| ITA iShares U.S. Aerospace & Def | Reduce -40.7% | 0.27% | −0.21 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -97.2% | 0.00% | −0.18 |
| AJG Arthur J Gallagher & Co. | Reduce -17.9% | 0.58% | −0.12 |
| CSCO Cisco Systems Inc. | Reduce -1.2% | 0.73% | −0.09 |
| MS Morgan Stanley | Reduce -3.1% | 0.70% | −0.09 |
| ADI Analog Devices Inc. | Reduce -3.7% | 0.54% | −0.08 |
| GILD Gilead Sciences Inc. | Reduce -16.8% | 0.13% | −0.06 |
| AVGO Broadcom Inc. | Reduce -9.3% | 2.30% | −0.05 |
| DE Deere & Co. | Reduce -32.5% | 0.07% | −0.04 |
| HUM Humana Inc. | Reduce -1.6% | 0.08% | −0.04 |
| UNP Union Pacific Corp. | Reduce -2.0% | 0.31% | −0.04 |
| ADBE Adobe Inc. | Reduce -0.0% | 0.11% | −0.03 |
| INTC Intel Corp. | Reduce -3.7% | 0.10% | −0.03 |
| FAST Fastenal Co. | Reduce -45.2% | 0.04% | −0.03 |
| TXN Texas Instruments Inc. | Reduce -0.7% | 0.33% | −0.03 |
| IYZ iShares US Telecommunication | Sold out | 0.00% | −0.03 |
| BA The Boeing Co. | Reduce -2.3% | 0.05% | −0.02 |
| AMGN Amgen Inc. | Reduce -5.3% | 0.12% | −0.02 |
| SBUX Starbucks Corp. | Reduce -3.2% | 0.08% | −0.02 |
| VOO Vanguard S&P 500 ETF | Reduce -18.8% | 0.07% | −0.02 |
| NEE Nextera Energy Inc. | Reduce -7.1% | 0.12% | −0.02 |
| TPR Tapestry Inc. | Reduce -45.0% | 0.03% | −0.01 |
| DVY iShares Select Dividend ETF | Reduce -8.6% | 0.10% | −0.01 |
| HIH Tewksbury Limited Liabilit | Sold out | 0.00% | −0.01 |
| INTU Intuit Inc. | Reduce -0.7% | 0.20% | −0.01 |
| HUBB Hubbell Inc. | Reduce -38.5% | 0.03% | −0.01 |
| BRKR Bruker Corp. | Reduce -40.8% | 0.03% | −0.01 |
| PEP Pepsico Inc. | Reduce -0.0% | 0.18% | −0.01 |
| KMI Kinder Morgan Inc. | Reduce -0.3% | 0.19% | −0.01 |
| PFE Pfizer Inc. | Reduce -9.3% | 0.04% | −0.01 |
| MO Altria Group Inc. | Reduce -23.8% | 0.03% | −0.01 |
| IYC iShares US Consumer Discreti | Reduce -8.2% | 0.10% | −0.01 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -37.6% | 0.02% | −0.01 |
| XLY SS Consumer Disc Select Sect | Reduce -3.4% | 0.10% | −0.01 |
| MMM 3M Co. | Reduce -4.2% | 0.02% | −0.01 |
| JEPI JPMorgan Equity Premium Inco | Sold out | 0.00% | −0.01 |
| CARR Carrier Global Corp. | Reduce -1.3% | 0.09% | −0.01 |
| AVY Avery Dennison Corp. | Reduce -3.2% | 0.32% | −0.01 |
| IYG iShares U.S. Financial Servi | Reduce -4.7% | 0.22% | −0.01 |
| KR Kroger Co. | Reduce -61.0% | 0.01% | −0.01 |
| VTSAX VNGD Mrngst TS MK Idx FD-Adm | Reduce -24.0% | 0.02% | −0.01 |
| ADSK Autodesk Inc. | Sold out | 0.00% | −0.01 |
Portfolio Buys Q4 2023 → Q1 2024
| NVDA Nvidia Corp. | Add +12.0% | 3.48% | +1.61 |
| TXT Textron Inc. | New | 0.94% | +0.94 |
| AMZN Amazon.com Inc. | Add +59.5% | 1.89% | +0.79 |
| AEP American Electric Power | Add +491.3% | 0.83% | +0.69 |
| ABBV Abbvie Inc. | Add +18.6% | 2.42% | +0.51 |
| STT State Street Corp. | Add +69.7% | 1.30% | +0.46 |
| SYK Stryker Corp. | Add +34.3% | 1.30% | +0.41 |
| MSFT Microsoft Corp. | Add +2.0% | 8.29% | +0.31 |
| JPM JPMorgan Chase & Co. | Add +1.6% | 3.21% | +0.26 |
| PH Parker Hannifin Corp. | Add +3.2% | 2.19% | +0.26 |
| ETN Eaton Corp. PLC | Add +7.1% | 1.04% | +0.22 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +3.9% | 1.08% | +0.17 |
| FTV Fortive Corp. | Add +2.9% | 1.50% | +0.13 |
| XOM Exxon Mobil Corp. | Add +78.1% | 0.27% | +0.12 |
| AIG American International Group | Add +2.2% | 1.11% | +0.08 |
| WMT Walmart Inc. | Add +2.8% | 1.15% | +0.08 |
| BRO Brown & Brown Inc. | Add +2.5% | 0.58% | +0.07 |
| PG The Procter & Gamble Co. | Add +1.6% | 2.84% | +0.07 |
| IVV iShares Core S&P 500 ETF | Add +3.0% | 1.84% | +0.06 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.2% | 0.54% | +0.04 |
| IBM Intl Business Machines Corp. | Add +0.8% | 0.56% | +0.04 |
| MSI Motorola Solutions Inc. | Add +1.5% | 0.80% | +0.04 |
| MAS Masco Corp. | Add +0.3% | 0.41% | +0.03 |
| AN Autonation Inc. | Add +1.8% | 0.90% | +0.02 |
| TMO Thermo Fisher Scientific Inc. | Add +1.7% | 1.41% | +0.02 |
| LKQ LKQ Corp. | Add +1.9% | 0.47% | +0.02 |
| HD Home Depot Inc. | Add +0.0% | 2.12% | +0.02 |
| NOW ServiceNow Inc. | Add +3.7% | 0.84% | +0.02 |
| GOOGL Alphabet Inc. Class A | Add +1.9% | 4.66% | +0.01 |
| PGR Progressive Corp. | Add +0.9% | 0.06% | +0.01 |
| VZ Verizon Communications Inc. | Add +1.7% | 0.34% | +0.01 |
| GE General Electric | Add +1.2% | 0.04% | +0.01 |
| DIS The Walt Disney Co. | Add +0.9% | 0.04% | +0.01 |
| SCHD Schwab US DVD Equity ETF | Add +78.3% | 0.02% | +0.01 |
| QQQ Invesco QQQ Trust Series 1 | Add +10.5% | 0.10% | +0.01 |
| SCHG Schwab US Large-Cap Growth | Add +53.1% | 0.02% | +0.01 |
| XLRE SS Real Estate Select Sector | Add +91.8% | 0.02% | +0.01 |
| TWCUX American Century Ultra-Inv | New | 0.01% | +0.01 |
| IGV iShares Expanded Tech-Softwa | New | 0.01% | +0.01 |
| CEG Constellation Energy Group | Add +0.5% | 0.02% | +0.01 |
| MET Metlife Inc. | Add +0.1% | 0.27% | +0.01 |
| HFLGX Hennessy Cornerst LRG GR-Org | New | 0.01% | +0.01 |
| T AT&T Inc. | Add +5.7% | 0.54% | +0.01 |
| WSM Williams-Sonoma Inc. | New | 0.00% | +0.00 |
| CTCAX Columbia GLBL Tech Grwth-A | New | 0.00% | +0.00 |
| DVA Davita Inc. | New | 0.00% | +0.00 |
| CAIFX Amer FNDS Cap Inc. BLDR-F2 | New | 0.00% | +0.00 |
| FCNTX Fidelity Contrafund | New | 0.00% | +0.00 |
| IIIV I3 Verticals Inc. Class A | New | 0.00% | +0.00 |
| VAC Marriott Vacations World | New | 0.00% | +0.00 |
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 |