Ferguson Wellman Capital Management, Inc.
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 6, 2024), Ferguson Wellman Capital Management, Inc. reported 359 stock positions worth $5.2 billion. Its top holding was Microsoft (MSFT) at 7.8% of the portfolio, followed by Apple (AAPL, 5.6%) and Alphabet Class A (GOOGL, 4.6%). Compared with Q2 2024, it opened 16 new positions, sold out of 11, added to 57 and reduced 192. The biggest buy was Unitedhealth (UNH, shares +35%) and the biggest sale Microsoft (MSFT, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- PORTLAND, OR
- CIK
- 0000869353
- Portfolio Value
- $5.2B (Q3 2024)
- SEC Filing
- 0000869353-24-000008 ↗ filed Nov 6, 2024
Holdings Value
Holdings 359 stocks · $5.2B
| MSFT Microsoft Corp. | 7.82% | 939,109 | $404.1M | Reduce -0.5% |
| AAPL Apple Inc. | 5.61% | 1,244,083 | $289.9M | Reduce -0.6% |
| GOOGL Alphabet Inc. Class A | 4.63% | 1,443,583 | $239.4M | Reduce -0.4% |
| NVDA Nvidia Corp. | 4.27% | 1,818,489 | $220.8M | Reduce -6.6% |
| JPM JPMorgan Chase & Co. | 3.13% | 767,664 | $161.9M | Reduce -0.6% |
| PG The Procter & Gamble Co. | 2.83% | 844,924 | $146.3M | Reduce -0.4% |
| AVGO Broadcom Inc. | 2.74% | 821,716 | $141.7M | Reduce -1.2% |
| ABBV Abbvie Inc. | 2.42% | 633,746 | $125.2M | Reduce -0.5% |
| UNH Unitedhealth Group Inc. | 2.14% | 188,903 | $110.4M | Add +34.7% |
| AMZN Amazon.com Inc. | 2.12% | 588,874 | $109.7M | Add +1.3% |
| HD Home Depot Inc. | 2.08% | 265,382 | $107.5M | Reduce -0.1% |
| PH Parker Hannifin Corp. | 1.96% | 160,070 | $101.1M | Reduce -14.3% |
| IVV iShares Core S&P 500 ETF | 1.94% | 173,334 | $100.0M | Add +0.5% |
| V Visa Inc. Class A | 1.78% | 333,736 | $91.8M | Reduce -0.1% |
| STT State Street Corp. | 1.76% | 1,028,149 | $91.0M | Add +29.1% |
| MRK Merck & Co. Inc. | 1.75% | 795,536 | $90.3M | Add +69.9% |
| WMT Walmart Inc. | 1.59% | 1,015,409 | $82.0M | Add +6.6% |
| ETR Entergy Corp. | 1.52% | 597,388 | $78.6M | Reduce -0.4% |
| FTV Fortive Corp. | 1.51% | 990,048 | $78.1M | Add +2.8% |
| CVX Chevron Corp. | 1.45% | 508,317 | $74.9M | Reduce -1.2% |
| PM Philip Morris International | 1.37% | 583,456 | $70.8M | Reduce -1.5% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.33% | 584,802 | $68.7M | Reduce -0.4% |
| TMO Thermo Fisher Scientific Inc. | 1.32% | 110,603 | $68.4M | Reduce -1.3% |
| SYK Stryker Corp. | 1.20% | 172,063 | $62.2M | Reduce -0.3% |
| SWPPX Schwab S&P 500 Index-Sel | 1.12% | 649,073 | $57.9M | Reduce -1.7% |
| AVB Avalonbay Communities Inc. | 1.10% | 251,331 | $56.6M | Reduce -0.3% |
| PANW Palo Alto Networks Inc. | 1.07% | 162,457 | $55.5M | Reduce -0.1% |
| ETN Eaton Corp. PLC | 0.99% | 154,024 | $51.0M | Reduce -1.6% |
| AIG American International Group | 0.98% | 689,488 | $50.5M | Add +0.6% |
| TMUS T-Mobile US Inc. | 0.97% | 242,438 | $50.0M | Add +99.8% |
| CCI Crown Castle Inc. | 0.97% | 421,652 | $50.0M | Add +101.1% |
| AEP American Electric Power | 0.95% | 480,115 | $49.3M | Add +1.4% |
| JNJ Johnson & Johnson | 0.92% | 292,735 | $47.4M | Reduce -47.1% |
| VLTO Veralto Corp. | 0.91% | 420,482 | $47.0M | Add +2.0% |
| MSI Motorola Solutions Inc. | 0.91% | 104,540 | $47.0M | Reduce -0.0% |
| NOW ServiceNow Inc. | 0.89% | 51,453 | $46.0M | Reduce -0.4% |
| AN Autonation Inc. | 0.88% | 253,874 | $45.4M | Add +0.2% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.87% | 159,644 | $44.8M | Add +0.6% |
| HON Honeywell International Inc. | 0.82% | 206,021 | $42.6M | Reduce -16.8% |
| TXT Textron Inc. | 0.78% | 452,214 | $40.1M | Reduce -0.3% |
| MS Morgan Stanley | 0.73% | 359,696 | $37.5M | Reduce -1.2% |
| EMR Emerson Electric Co. | 0.70% | 330,971 | $36.2M | Reduce -0.5% |
| T AT&T Inc. | 0.64% | 1,511,006 | $33.2M | Reduce -1.3% |
| CSCO Cisco Systems Inc. | 0.62% | 604,058 | $32.1M | Reduce -10.7% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.62% | 145,221 | $32.1M | Add +0.0% |
| BRO Brown & Brown Inc. | 0.62% | 307,392 | $31.8M | Add +0.4% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.62% | 113,026 | $31.8M | Reduce -2.0% |
| BLK BlackRock Inc. | 0.61% | 33,140 | $31.5M | Reduce -1.7% |
| COR Cencora Inc. | 0.56% | 127,662 | $28.7M | Reduce -0.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.56% | 62,429 | $28.7M | Reduce -0.8% |
| AMP Ameriprise Financial Inc. | 0.56% | 61,035 | $28.7M | Reduce -1.6% |
| ADI Analog Devices Inc. | 0.54% | 121,744 | $28.0M | Reduce -3.4% |
| PPG PPG Industries Inc. | 0.54% | 209,718 | $27.8M | Reduce -18.6% |
| ABT Abbott Laboratories | 0.52% | 234,769 | $26.8M | Reduce -50.7% |
| XOM Exxon Mobil Corp. | 0.48% | 213,022 | $25.0M | Add +1.7% |
| MCD McDonald's Corp. | 0.46% | 78,812 | $24.0M | Reduce -1.0% |
| MNST Monster Beverage Corp. | 0.46% | 452,179 | $23.6M | Reduce -0.4% |
| LMT Lockheed Martin Corp. | 0.44% | 39,324 | $23.0M | Reduce -1.3% |
| COST Costco Wholesale Corp. | 0.42% | 24,387 | $21.6M | Reduce -0.4% |
| MAS Masco Corp. | 0.41% | 255,083 | $21.4M | Reduce -0.8% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.39% | 482,418 | $20.2M | Reduce -0.9% |
| XLE SS Energy Select Sector | 0.39% | 228,752 | $20.1M | Reduce -0.9% |
| LLY Eli Lilly & Co. | 0.36% | 20,974 | $18.6M | Reduce -2.0% |
| TXN Texas Instruments Inc. | 0.36% | 89,952 | $18.6M | Reduce -2.1% |
| CMCSA Comcast Corp. Class A | 0.35% | 428,162 | $17.9M | Reduce -51.8% |
| VZ Verizon Communications Inc. | 0.34% | 387,063 | $17.4M | Reduce -2.9% |
| DOW Dow Inc. | 0.30% | 288,207 | $15.7M | Reduce -1.4% |
| DINO HF Sinclair Corp. | 0.30% | 346,224 | $15.4M | Reduce -44.3% |
| MET Metlife Inc. | 0.28% | 176,983 | $14.6M | Reduce -1.5% |
| EWBC East West Bancorp Inc. | 0.28% | 173,695 | $14.4M | Reduce -1.2% |
| ITA iShares U.S. Aerospace & Def | 0.27% | 93,147 | $13.9M | Reduce -3.7% |
| AVY Avery Dennison Corp. | 0.27% | 62,329 | $13.8M | Reduce -3.7% |
| IYE iShares U.S. Energy ETF | 0.26% | 292,319 | $13.5M | Add +3857.2% |
| GOOG Alphabet Inc. Class C | 0.26% | 79,467 | $13.3M | Reduce -1.2% |
| UNP Union Pacific Corp. | 0.24% | 50,194 | $12.4M | Reduce -2.2% |
| IYG iShares U.S. Financial Servi | 0.22% | 158,706 | $11.3M | Reduce -0.5% |
| KMI Kinder Morgan Inc. | 0.22% | 509,603 | $11.3M | Reduce -1.8% |
| XLK SS Technology Select Sector | 0.19% | 44,402 | $10.0M | Reduce -2.3% |
| MDT Medtronic PLC | 0.18% | 105,364 | $9.5M | New |
| IYJ iShares U.S. Industrials ETF | 0.17% | 67,285 | $9.0M | Reduce -2.2% |
| INTU Intuit Inc. | 0.17% | 14,457 | $9.0M | Reduce -2.9% |
| CAT Caterpillar Inc. | 0.17% | 22,348 | $8.7M | Reduce -1.0% |
| PEP Pepsico Inc. | 0.16% | 47,456 | $8.1M | Reduce -4.2% |
| VTI VG Morningstar TS MKT ETF-US | 0.15% | 27,875 | $7.9M | Add +2.1% |
| MA Mastercard Inc. Class A | 0.14% | 14,458 | $7.1M | Reduce -0.8% |
| TSLA Tesla Inc. | 0.13% | 26,489 | $6.9M | Add +12.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.13% | 11,991 | $6.9M | Add +6.8% |
| ALL Allstate Corp. | 0.13% | 34,386 | $6.5M | Reduce -5.0% |
| NEE Nextera Energy Inc. | 0.13% | 77,132 | $6.5M | Reduce -1.5% |
| AMGN Amgen Inc. | 0.12% | 19,917 | $6.4M | Reduce -0.8% |
| ESGU iShares ESG Aware MSCI USA | 0.12% | 48,188 | $6.1M | Add +1.8% |
| CARR Carrier Global Corp. | 0.11% | 73,695 | $5.9M | Reduce -2.9% |
| XLP SS Consumer Staples Sel Sect | 0.11% | 66,957 | $5.6M | Reduce -5.7% |
| ITOT iShares Core S&P Total U.S. | 0.11% | 44,181 | $5.6M | Reduce -0.0% |
| QQQ Invesco QQQ Trust Series 1 | 0.11% | 11,347 | $5.5M | Reduce -0.4% |
| XLF SS Financial Select Sector | 0.10% | 118,347 | $5.4M | Reduce -1.3% |
| XLB SS Materials Select Sector | 0.10% | 55,096 | $5.3M | Reduce -2.0% |
| VFIAX Vanguard 500 Index-Adm | 0.10% | 9,982 | $5.3M | Reduce -3.6% |
| IYC iShares US Consumer Discreti | 0.10% | 60,015 | $5.3M | Reduce -1.3% |
| AAON Aaon Inc. | 0.10% | 47,980 | $5.2M | Reduce -64.0% |
Portfolio Sells Q2 2024 → Q3 2024
| MSFT Microsoft Corp. | Reduce -0.5% | 7.82% | −0.75 |
| GOOGL Alphabet Inc. Class A | Reduce -0.4% | 4.63% | −0.73 |
| JNJ Johnson & Johnson | Reduce -47.1% | 0.92% | −0.73 |
| NVDA Nvidia Corp. | Reduce -6.6% | 4.27% | −0.61 |
| ABT Abbott Laboratories | Reduce -50.7% | 0.52% | −0.49 |
| DINO HF Sinclair Corp. | Reduce -44.3% | 0.30% | −0.38 |
| CMCSA Comcast Corp. Class A | Reduce -51.8% | 0.35% | −0.36 |
| LKQ LKQ Corp. | Reduce -97.5% | 0.01% | −0.33 |
| HON Honeywell International Inc. | Reduce -16.8% | 0.82% | −0.25 |
| CVX Chevron Corp. | Reduce -1.2% | 1.45% | −0.19 |
| AAON Aaon Inc. | Reduce -64.0% | 0.10% | −0.14 |
| PPG PPG Industries Inc. | Reduce -18.6% | 0.54% | −0.12 |
| SLB SLB Ltd. | Reduce -0.9% | 0.39% | −0.07 |
| PANW Palo Alto Networks Inc. | Reduce -0.1% | 1.07% | −0.04 |
| EMR Emerson Electric Co. | Reduce -0.5% | 0.70% | −0.04 |
| GOOG Alphabet Inc. Class C | Reduce -1.2% | 0.26% | −0.04 |
| ADI Analog Devices Inc. | Reduce -3.4% | 0.54% | −0.04 |
| JPM JPMorgan Chase & Co. | Reduce -0.6% | 3.13% | −0.04 |
| XLE SS Energy Select Sector | Reduce -0.9% | 0.39% | −0.04 |
| LLY Eli Lilly & Co. | Reduce -2.0% | 0.36% | −0.03 |
| COR Cencora Inc. | Reduce -0.8% | 0.56% | −0.03 |
| CSCO Cisco Systems Inc. | Reduce -10.7% | 0.62% | −0.03 |
| AMAT Applied Materials Inc. | Reduce -12.0% | 0.07% | −0.03 |
| INTC Intel Corp. | Reduce -33.0% | 0.03% | −0.03 |
| INTU Intuit Inc. | Reduce -2.9% | 0.17% | −0.03 |
| DELL Dell Technologies -C | Reduce -1.3% | 0.09% | −0.02 |
| AVY Avery Dennison Corp. | Reduce -3.7% | 0.27% | −0.02 |
| EW Edwards Lifesciences Corp. | Reduce -4.3% | 0.03% | −0.02 |
| ADBE Adobe Inc. | Reduce -5.1% | 0.10% | −0.02 |
| HUM Humana Inc. | Reduce -0.3% | 0.07% | −0.02 |
| TXT Textron Inc. | Reduce -0.3% | 0.78% | −0.02 |
| CSX CSX Corp. | Reduce -74.1% | 0.01% | −0.02 |
| XLK SS Technology Select Sector | Reduce -2.3% | 0.19% | −0.01 |
| DOW Dow Inc. | Reduce -1.4% | 0.30% | −0.01 |
| PSX Phillips 66 | Reduce -3.5% | 0.06% | −0.01 |
| PEP Pepsico Inc. | Reduce -4.2% | 0.16% | −0.01 |
| SWPPX Schwab S&P 500 Index-Sel | Reduce -1.7% | 1.12% | −0.01 |
| PG The Procter & Gamble Co. | Reduce -0.4% | 2.83% | −0.01 |
| BA The Boeing Co. | Reduce -11.7% | 0.02% | −0.01 |
| ETN Eaton Corp. PLC | Reduce -1.6% | 0.99% | −0.01 |
| FTNT Fortinet Inc. | Sold out | 0.00% | −0.01 |
| WM Waste Management Inc. | Reduce -5.2% | 0.06% | −0.01 |
| PAVE Global X US Infrastructure | Sold out | 0.00% | −0.01 |
| COP Conocophillips | Reduce -0.4% | 0.05% | −0.01 |
| Deutsche Science & Technology | Sold out | 0.00% | −0.01 |
| XOP SS SPDR S&P Og Exp & Prod | Sold out | 0.00% | −0.01 |
| SCHW Schwab (charles) Corp. | Reduce -42.6% | 0.01% | −0.01 |
| IGV iShares Expanded Tech-Softwa | Sold out | 0.00% | −0.01 |
| DPZ Domino's Pizza Inc. | Reduce -0.1% | 0.02% | −0.01 |
| DVN Devon Energy Corp. | Sold out | 0.00% | −0.01 |
Portfolio Buys Q2 2024 → Q3 2024
| UNH Unitedhealth Group Inc. | Add +34.7% | 2.14% | +0.69 |
| MRK Merck & Co. Inc. | Add +69.9% | 1.75% | +0.57 |
| STT State Street Corp. | Add +29.1% | 1.76% | +0.56 |
| CCI Crown Castle Inc. | Add +101.1% | 0.97% | +0.55 |
| TMUS T-Mobile US Inc. | Add +99.8% | 0.97% | +0.53 |
| WMT Walmart Inc. | Add +6.6% | 1.59% | +0.28 |
| IYE iShares U.S. Energy ETF | Add +3857.2% | 0.26% | +0.26 |
| MDT Medtronic PLC | New | 0.18% | +0.18 |
| IBM Intl Business Machines Corp. | Add +0.0% | 0.62% | +0.11 |
| VLTO Veralto Corp. | Add +2.0% | 0.91% | +0.11 |
| AEP American Electric Power | Add +1.4% | 0.95% | +0.11 |
| AME Ametek Inc. | Add +391.0% | 0.08% | +0.06 |
| FTV Fortive Corp. | Add +2.8% | 1.51% | +0.06 |
| BRO Brown & Brown Inc. | Add +0.4% | 0.62% | +0.06 |
| AN Autonation Inc. | Add +0.2% | 0.88% | +0.06 |
| TSLA Tesla Inc. | Add +12.3% | 0.13% | +0.04 |
| DE Deere & Co. | Add +24.8% | 0.08% | +0.02 |
| IVV iShares Core S&P 500 ETF | Add +0.5% | 1.94% | +0.02 |
| ADP Automatic Data Processing | Add +21.9% | 0.05% | +0.01 |
| ORCL Oracle Corp. | Add +65.5% | 0.03% | +0.01 |
| IYZ iShares US Telecommunication | New | 0.01% | +0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +6.8% | 0.13% | +0.01 |
| KMPR Kemper Corp. | New | 0.01% | +0.01 |
| NKE Nike Inc. Class B | Add +1.0% | 0.07% | +0.01 |
| USB US Bancorp | Add +0.4% | 0.07% | +0.01 |
| KTCAX DWS Science & Tech-A | New | 0.01% | +0.01 |
| KEYS Keysight Technologies Inc. | Add +5.5% | 0.04% | +0.01 |
| A Agilent Technologies Inc. | Add +14.8% | 0.03% | +0.01 |
| FPURX Fidelity Puritan Fund | New | 0.01% | +0.01 |
| TWCUX American Century Ultra-Inv | New | 0.01% | +0.01 |
| FBIN Fortune Brands Innovations I | New | 0.00% | +0.00 |
| PEG Public Service Enterprise GP | New | 0.00% | +0.00 |
| VTI VG Morningstar TS MKT ETF-US | Add +2.1% | 0.15% | +0.00 |
| FISV Fiserv Inc. | Add +1.1% | 0.03% | +0.00 |
| AWSHX Amer FND Wash MTL Inv-A | New | 0.00% | +0.00 |
| BRKR Bruker Corp. | Add +16.5% | 0.02% | +0.00 |
| AXP American Express Co. | Add +0.8% | 0.03% | +0.00 |
| ESGU iShares ESG Aware MSCI USA | Add +1.8% | 0.12% | +0.00 |
| KR Kroger Co. | Add +32.7% | 0.01% | +0.00 |
| F Ford Motor Co. | New | 0.00% | +0.00 |
| VYM Vanguard High DVD Yield ETF | Add +18.3% | 0.01% | +0.00 |
| FXAIX Fidelity 500 Index Fund | Add +10.3% | 0.02% | +0.00 |
| ECL Ecolab Inc. | Add +16.1% | 0.01% | +0.00 |
| NFLX Netflix Inc. | Add +17.8% | 0.01% | +0.00 |
| SCHX Schwab US Large-Cap ETF | Add +5.8% | 0.03% | +0.00 |
| BX Blackstone Inc. | Add +0.1% | 0.01% | +0.00 |
| OKE Oneok Inc. | Add +3.1% | 0.02% | +0.00 |
| MTVA Metavia Inc. | New | 0.00% | +0.00 |
| CRM Salesforce Inc. | Add +8.0% | 0.01% | +0.00 |
| DSS DSS Inc. | 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 |