Ferguson Wellman Capital Management, Inc.
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 16, 2024), Ferguson Wellman Capital Management, Inc. reported 354 stock positions worth $4.9 billion. Its top holding was Microsoft (MSFT) at 8.6% of the portfolio, followed by Alphabet Class A (GOOGL, 5.4%) and Apple (AAPL, 5.4%). Compared with Q1 2024, it opened 7 new positions, sold out of 22, added to 71 and reduced 201. The biggest buy was Nvidia (NVDA, shares +3%) and the biggest sale Comcast Class A (CMCSA, shares −51%).
- Most Recent 13F
- Q2 2026
- Location
- PORTLAND, OR
- CIK
- 0000869353
- Portfolio Value
- $4.9B (Q2 2024)
- SEC Filing
- 0000869353-24-000004 ↗ filed Jul 16, 2024
Holdings Value
Holdings 354 stocks · $4.9B
| MSFT Microsoft Corp. | 8.57% | 943,753 | $421.8M | Reduce -2.4% |
| GOOGL Alphabet Inc. Class A | 5.36% | 1,448,773 | $263.9M | Reduce -4.4% |
| AAPL Apple Inc. | 5.35% | 1,251,083 | $263.5M | Reduce -12.7% |
| NVDA Nvidia Corp. | 4.89% | 1,947,115 | $240.5M | Add +3.2% |
| JPM JPMorgan Chase & Co. | 3.17% | 772,066 | $156.2M | Reduce -1.8% |
| PG The Procter & Gamble Co. | 2.84% | 848,369 | $139.9M | Reduce -1.3% |
| AVGO Broadcom Inc. | 2.71% | 83,173 | $133.5M | Reduce -2.4% |
| AMZN Amazon.com Inc. | 2.28% | 581,546 | $112.4M | Add +13.3% |
| ABBV Abbvie Inc. | 2.22% | 636,645 | $109.2M | Reduce -2.3% |
| PH Parker Hannifin Corp. | 1.92% | 186,819 | $94.5M | Reduce -3.3% |
| IVV iShares Core S&P 500 ETF | 1.92% | 172,395 | $94.3M | Add +0.2% |
| HD Home Depot Inc. | 1.86% | 265,507 | $91.4M | Reduce -2.0% |
| V Visa Inc. Class A | 1.78% | 333,992 | $87.7M | Reduce -3.8% |
| JNJ Johnson & Johnson | 1.64% | 553,651 | $80.9M | Reduce -2.6% |
| CVX Chevron Corp. | 1.63% | 514,411 | $80.5M | Reduce -6.3% |
| UNH Unitedhealth Group Inc. | 1.45% | 140,274 | $71.4M | Reduce -4.3% |
| FTV Fortive Corp. | 1.45% | 963,448 | $71.4M | Add +12.5% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.31% | 587,399 | $64.7M | Reduce -3.8% |
| WMT Walmart Inc. | 1.31% | 952,303 | $64.5M | Add +1.9% |
| ETR Entergy Corp. | 1.30% | 600,011 | $64.2M | Reduce -2.0% |
| TMO Thermo Fisher Scientific Inc. | 1.26% | 112,019 | $61.9M | Reduce -5.8% |
| CRWD CrowdStrike Holdings Inc. Class A | 1.24% | 158,752 | $60.8M | Reduce -4.0% |
| PM Philip Morris International | 1.22% | 592,362 | $60.0M | Reduce -2.4% |
| STT State Street Corp. | 1.20% | 796,645 | $59.0M | Reduce -3.1% |
| SYK Stryker Corp. | 1.19% | 172,541 | $58.7M | Reduce -2.9% |
| MRK Merck & Co. Inc. | 1.18% | 468,344 | $58.0M | Add +1.4% |
| SWPPX Schwab S&P 500 Index-Sel | 1.13% | 660,309 | $55.6M | Reduce -1.1% |
| PANW Palo Alto Networks Inc. | 1.12% | 162,610 | $55.1M | Reduce -3.8% |
| HON Honeywell International Inc. | 1.07% | 247,589 | $52.9M | Reduce -45.6% |
| AVB Avalonbay Communities Inc. | 1.06% | 251,981 | $52.1M | Add +0.6% |
| AIG American International Group | 1.03% | 685,540 | $50.9M | Reduce -1.8% |
| ABT Abbott Laboratories | 1.00% | 476,131 | $49.5M | Reduce -0.6% |
| ETN Eaton Corp. PLC | 1.00% | 156,476 | $49.1M | Reduce -3.9% |
| AEP American Electric Power | 0.84% | 473,431 | $41.5M | Reduce -0.3% |
| NOW ServiceNow Inc. | 0.83% | 51,673 | $40.6M | Reduce -4.3% |
| AN Autonation Inc. | 0.82% | 253,442 | $40.4M | Reduce -5.3% |
| MSI Motorola Solutions Inc. | 0.82% | 104,580 | $40.4M | Reduce -5.3% |
| VLTO Veralto Corp. | 0.80% | 412,103 | $39.3M | New |
| TXT Textron Inc. | 0.79% | 453,790 | $39.0M | Reduce -5.2% |
| EMR Emerson Electric Co. | 0.74% | 332,703 | $36.7M | Add +0.8% |
| MS Morgan Stanley | 0.72% | 364,106 | $35.4M | Reduce -0.1% |
| CMCSA Comcast Corp. Class A | 0.71% | 888,044 | $34.8M | Reduce -51.3% |
| DINO HF Sinclair Corp. | 0.67% | 621,990 | $33.2M | New |
| PPG PPG Industries Inc. | 0.66% | 257,671 | $32.4M | Reduce -8.0% |
| CSCO Cisco Systems Inc. | 0.65% | 676,734 | $32.2M | Reduce -5.2% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.61% | 115,369 | $29.9M | Add +0.7% |
| T AT&T Inc. | 0.59% | 1,531,339 | $29.3M | Add +2.5% |
| COR Cencora Inc. | 0.59% | 128,721 | $29.0M | Reduce -4.1% |
| ADI Analog Devices Inc. | 0.58% | 125,980 | $28.8M | Reduce -5.8% |
| BRO Brown & Brown Inc. | 0.56% | 306,203 | $27.4M | Reduce -5.7% |
| BLK BlackRock Finance Inc. | 0.54% | 33,707 | $26.5M | Add +1.5% |
| AMP Ameriprise Financial Inc. | 0.54% | 62,038 | $26.5M | Add +0.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.52% | 62,927 | $25.6M | Reduce -0.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.51% | 145,204 | $25.1M | Add +0.3% |
| XOM Exxon Mobil Corp. | 0.49% | 209,404 | $24.1M | Add +86.8% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.47% | 486,650 | $23.0M | Reduce -5.5% |
| MNST Monster Beverage Corp. | 0.46% | 454,200 | $22.7M | Reduce -4.5% |
| TMUS T-Mobile US Inc. | 0.43% | 121,334 | $21.4M | New |
| XLE SS Energy Select Sector | 0.43% | 230,730 | $21.0M | Reduce -1.7% |
| COST Costco Wholesale Corp. | 0.42% | 24,481 | $20.8M | Add +3.0% |
| CCI Crown Castle Inc. | 0.42% | 209,719 | $20.5M | Reduce -1.9% |
| MCD McDonald's Corp. | 0.41% | 79,596 | $20.3M | Reduce -2.3% |
| LLY Eli Lilly & Co. | 0.39% | 21,402 | $19.4M | Reduce -1.2% |
| LMT Lockheed Martin Corp. | 0.38% | 39,850 | $18.6M | Add +4.2% |
| TXN Texas Instruments Inc. | 0.36% | 91,886 | $17.9M | Reduce -0.4% |
| MAS Masco Corp. | 0.35% | 257,222 | $17.1M | Add +1.4% |
| LKQ LKQ Corp. | 0.34% | 405,447 | $16.9M | Reduce -6.9% |
| VZ Verizon Communications Inc. | 0.33% | 398,568 | $16.4M | Add +1.4% |
| DOW Dow Inc. | 0.31% | 292,215 | $15.5M | Add +2.0% |
| GOOG Alphabet Inc. Class C | 0.30% | 80,455 | $14.8M | Add +1.1% |
| AVY Avery Dennison Corp. | 0.29% | 64,694 | $14.1M | Reduce -9.0% |
| EWBC East West Bancorp Inc. | 0.26% | 175,730 | $12.9M | Add +1.5% |
| ITA iShares U.S. Aerospace & Def | 0.26% | 96,705 | $12.8M | Reduce -3.0% |
| MET Metlife Inc. | 0.26% | 179,618 | $12.6M | Add +1.1% |
| AAON Aaon Inc. | 0.24% | 133,277 | $11.6M | Add +177.8% |
| UNP Union Pacific Corp. | 0.24% | 51,308 | $11.6M | Reduce -15.9% |
| IYG iShares U.S. Financial Servi | 0.21% | 159,499 | $10.4M | Reduce -2.8% |
| KMI Kinder Morgan Inc. | 0.21% | 518,901 | $10.3M | Add +2.1% |
| XLK SS Technology Select Sector | 0.21% | 45,463 | $10.3M | Reduce -4.6% |
| INTU Intuit Inc. | 0.20% | 14,891 | $9.8M | Reduce -2.4% |
| IYJ iShares U.S. Industrials ETF | 0.17% | 68,780 | $8.2M | Reduce -1.6% |
| PEP Pepsico Inc. | 0.17% | 49,532 | $8.2M | Reduce -0.9% |
| CAT Caterpillar Inc. | 0.15% | 22,570 | $7.5M | Reduce -8.6% |
| VTI VG Morningstar TS MKT ETF-US | 0.15% | 27,308 | $7.3M | Add +4.3% |
| MA Mastercard Inc. Class A | 0.13% | 14,577 | $6.4M | Add +1.4% |
| AMGN Amgen Inc. | 0.13% | 20,084 | $6.3M | Reduce -6.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.12% | 11,231 | $6.1M | Reduce -2.0% |
| ALL Allstate Corp. | 0.12% | 36,199 | $5.8M | Reduce -3.7% |
| ESGU iShares ESG Aware MSCI USA | 0.11% | 47,361 | $5.7M | Reduce -0.1% |
| DELL Dell Technologies -C | 0.11% | 40,919 | $5.6M | Add +583.2% |
| ADBE Adobe Inc. | 0.11% | 10,116 | $5.6M | Reduce -2.9% |
| NEE Nextera Energy Inc. | 0.11% | 78,277 | $5.5M | Reduce -17.2% |
| QQQ Invesco QQQ Trust Series 1 | 0.11% | 11,390 | $5.5M | Add +8.5% |
| XLP SS Consumer Staples Sel Sect | 0.11% | 70,997 | $5.4M | Reduce -22.4% |
| ITOT iShares Core S&P Total U.S. | 0.11% | 44,184 | $5.2M | Reduce -0.2% |
| VFIAX Vanguard 500 Index-Adm | 0.11% | 10,353 | $5.2M | Reduce -0.3% |
| XLB SS Materials Select Sector | 0.10% | 56,196 | $5.0M | Reduce -6.3% |
| IYC iShares US Consumer Discreti | 0.10% | 60,775 | $4.9M | Reduce -0.4% |
| XLF SS Financial Select Sector | 0.10% | 119,917 | $4.9M | Reduce -9.3% |
| AMAT Applied Materials Inc. | 0.10% | 20,454 | $4.8M | Reduce -25.2% |
Portfolio Sells Q1 2024 → Q2 2024
| CMCSA Comcast Corp. Class A | Reduce -51.3% | 0.71% | −0.90 |
| APA Apa Corp. | Reduce -98.9% | 0.01% | −0.88 |
| HON Honeywell International Inc. | Reduce -45.6% | 1.07% | −0.83 |
| PH Parker Hannifin Corp. | Reduce -3.3% | 1.92% | −0.27 |
| HD Home Depot Inc. | Reduce -2.0% | 1.86% | −0.26 |
| ABBV Abbvie Inc. | Reduce -2.3% | 2.22% | −0.20 |
| V Visa Inc. Class A | Reduce -3.8% | 1.78% | −0.20 |
| JNJ Johnson & Johnson | Reduce -2.6% | 1.64% | −0.19 |
| PPG PPG Industries Inc. | Reduce -8.0% | 0.66% | −0.17 |
| TMO Thermo Fisher Scientific Inc. | Reduce -5.8% | 1.26% | −0.15 |
| TXT Textron Inc. | Reduce -5.2% | 0.79% | −0.15 |
| CVX Chevron Corp. | Reduce -6.3% | 1.63% | −0.13 |
| LKQ LKQ Corp. | Reduce -6.9% | 0.34% | −0.13 |
| GILD Gilead Sciences Inc. | Reduce -93.9% | 0.01% | −0.12 |
| MNST Monster Beverage Corp. | Reduce -4.5% | 0.46% | −0.11 |
| SLB SLB Ltd. | Reduce -5.5% | 0.47% | −0.11 |
| ABT Abbott Laboratories | Reduce -0.6% | 1.00% | −0.11 |
| SYK Stryker Corp. | Reduce -2.9% | 1.19% | −0.10 |
| STT State Street Corp. | Reduce -3.1% | 1.20% | −0.10 |
| AN Autonation Inc. | Reduce -5.3% | 0.82% | −0.08 |
| AIG American International Group | Reduce -1.8% | 1.03% | −0.08 |
| COR Cencora Inc. | Reduce -4.1% | 0.59% | −0.08 |
| CSCO Cisco Systems Inc. | Reduce -5.2% | 0.65% | −0.07 |
| UNP Union Pacific Corp. | Reduce -15.9% | 0.24% | −0.07 |
| MCD McDonald's Corp. | Reduce -2.3% | 0.41% | −0.06 |
| CCI Crown Castle Inc. | Reduce -1.9% | 0.42% | −0.05 |
| INTC Intel Corp. | Reduce -21.9% | 0.05% | −0.04 |
| ZTS Zoetis Inc. | Reduce -42.2% | 0.06% | −0.04 |
| ETN Eaton Corp. PLC | Reduce -3.9% | 1.00% | −0.04 |
| JPM JPMorgan Chase & Co. | Reduce -1.8% | 3.17% | −0.04 |
| AVY Avery Dennison Corp. | Reduce -9.0% | 0.29% | −0.04 |
| CME Cme Group Inc. | Reduce -71.8% | 0.01% | −0.03 |
| NKE Nike Inc. Class B | Reduce -21.1% | 0.06% | −0.03 |
| XLP SS Consumer Staples Sel Sect | Reduce -22.4% | 0.11% | −0.03 |
| CAT Caterpillar Inc. | Reduce -8.6% | 0.15% | −0.03 |
| UNH Unitedhealth Group Inc. | Reduce -4.3% | 1.45% | −0.03 |
| TPR Tapestry Inc. | Sold out | 0.00% | −0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.9% | 0.52% | −0.03 |
| RPM RPM International Inc. | Reduce -42.4% | 0.03% | −0.02 |
| XLE SS Energy Select Sector | Reduce -1.7% | 0.43% | −0.02 |
| BRO Brown & Brown Inc. | Reduce -5.7% | 0.56% | −0.02 |
| GEHC GE Healthcare Technology | Reduce -68.9% | 0.01% | −0.02 |
| CSX CSX Corp. | Reduce -45.4% | 0.02% | −0.02 |
| BA The Boeing Co. | Reduce -34.8% | 0.03% | −0.02 |
| SBUX Starbucks Corp. | Reduce -7.0% | 0.07% | −0.02 |
| BMY Bristol-Myers Squibb Co. | Reduce -3.9% | 0.05% | −0.02 |
| AMAT Applied Materials Inc. | Reduce -25.2% | 0.10% | −0.02 |
| OTIS Otis Worldwide Corp. | Reduce -61.2% | 0.01% | −0.02 |
| GIS General Mills Inc. | Reduce -33.7% | 0.02% | −0.02 |
| ETR Entergy Corp. | Reduce -2.0% | 1.30% | −0.02 |
Portfolio Buys Q1 2024 → Q2 2024
| NVDA Nvidia Corp. | Add +3.2% | 4.89% | +1.41 |
| VLTO Veralto Corp. | New | 0.80% | +0.80 |
| DINO HF Sinclair Corp. | New | 0.67% | +0.67 |
| TMUS T-Mobile US Inc. | New | 0.43% | +0.43 |
| AMZN Amazon.com Inc. | Add +13.3% | 2.28% | +0.40 |
| XOM Exxon Mobil Corp. | Add +86.8% | 0.49% | +0.22 |
| WMT Walmart Inc. | Add +1.9% | 1.31% | +0.16 |
| AAON Aaon Inc. | Add +177.8% | 0.24% | +0.15 |
| AVB Avalonbay Communities Inc. | Add +0.6% | 1.06% | +0.11 |
| DELL Dell Technologies -C | Add +583.2% | 0.11% | +0.10 |
| IVV iShares Core S&P 500 ETF | Add +0.2% | 1.92% | +0.07 |
| COST Costco Wholesale Corp. | Add +3.0% | 0.42% | +0.07 |
| T AT&T Inc. | Add +2.5% | 0.59% | +0.06 |
| GOOG Alphabet Inc. Class C | Add +1.1% | 0.30% | +0.05 |
| AJG Arthur J Gallagher & Co. | Add +0.7% | 0.61% | +0.02 |
| LMT Lockheed Martin Corp. | Add +4.2% | 0.38% | +0.02 |
| KMI Kinder Morgan Inc. | Add +2.1% | 0.21% | +0.02 |
| QQQ Invesco QQQ Trust Series 1 | Add +8.5% | 0.11% | +0.02 |
| WMB Williams Cos Inc. | Add +265.6% | 0.02% | +0.01 |
| NOC Northrop Grumman Corp. | Add +119.9% | 0.02% | +0.01 |
| VTI VG Morningstar TS MKT ETF-US | Add +4.3% | 0.15% | +0.01 |
| CHD Church & Dwight Co. Inc. | New | 0.01% | +0.01 |
| DVN Devon Energy Corp. | New | 0.01% | +0.01 |
| SCHW Schwab (charles) Corp. | Add +69.3% | 0.01% | +0.00 |
| ECL Ecolab Inc. | Add +61.2% | 0.01% | +0.00 |
| VYM Vanguard High DVD Yield ETF | Add +67.3% | 0.01% | +0.00 |
| XYL Xylem Inc. | New | 0.00% | +0.00 |
| SUMMIT BANK | New | 0.00% | +0.00 |
| ORCL Oracle Corp. | Add +10.6% | 0.01% | +0.00 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +1.3% | 0.03% | +0.00 |
| DUK Duke Energy Corp. | Add +27.6% | 0.01% | +0.00 |
| NFLX Netflix Inc. | Add +12.5% | 0.01% | +0.00 |
| VIGAX VNGD Mrngst Grwth Idx FD-Adm | Add +0.0% | 0.02% | +0.00 |
| DHR Danaher Corp. | Add +17.5% | 0.01% | +0.00 |
| OEF iShares S&P 100 ETF | Add +1.0% | 0.02% | +0.00 |
| TGT Target Corp. | Add +42.4% | 0.01% | +0.00 |
| VITAX Vanguard Inf Tech Idx-Adm | Add +0.1% | 0.01% | +0.00 |
| WM Waste Management Inc. | Add +2.0% | 0.07% | +0.00 |
| HPQ HP Inc. | Add +4.7% | 0.01% | +0.00 |
| Deutsche Science & Technology | Add +7.1% | 0.01% | +0.00 |
| DLR Digital Realty Trust Inc. | Add +3.9% | 0.01% | +0.00 |
| FXAIX Fidelity 500 Index Fund | Add +1.0% | 0.02% | +0.00 |
| CRM Salesforce Inc. | Add +25.5% | 0.01% | +0.00 |
| Total Market Equity Index Pool | Add +0.0% | 0.01% | +0.00 |
| MTB M & T Bank Corp. | Add +0.1% | 0.00% | +0.00 |
| TSN Tyson Foods Inc. Class A | Add +5.4% | 0.01% | +0.00 |
| SCDGX DWS Core Equity-S | Add +0.2% | 0.01% | +0.00 |
| ANCFX Amer FND Fndmntl Invst-A | Add +0.5% | 0.01% | +0.00 |
| GEV GE Vernova Inc. | Add +1.9% | 0.01% | +0.00 |
| AMRMX American Mutual Fund-A | Add +0.7% | 0.01% | 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 |