Ferguson Wellman Capital Management, Inc.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 1, 2026), Ferguson Wellman Capital Management, Inc. reported 406 stock positions worth $7.3 billion. Its top holding was iShares MSCI Acwi Ex US ETF (ACWX) at 5.1% of the portfolio, followed by Alphabet Class A (GOOGL, 4.8%) and Apple (AAPL, 4.7%). Compared with Q4 2025, it opened 104 new positions, sold out of 56, added to 101 and reduced 150. The biggest buy was a new position in iShares MSCI Acwi Ex US ETF (ACWX) and the biggest sale Microsoft (MSFT, shares −7%).
- Most Recent 13F
- Q2 2026
- Location
- PORTLAND, OR
- CIK
- 0000869353
- Portfolio Value
- $7.3B (Q1 2026)
- SEC Filing
- 0000869353-26-000004 ↗ filed May 1, 2026
Holdings Value
Holdings 406 stocks · $7.3B
| ACWX iShares MSCI Acwi Ex US ETF | 5.15% | 5,501,207 | $376.7M | New |
| GOOGL Alphabet Inc. Class A | 4.76% | 1,210,473 | $348.1M | Reduce -7.7% |
| AAPL Apple Inc. | 4.73% | 1,364,565 | $346.3M | Add +0.4% |
| MSFT Microsoft Corp. | 4.60% | 908,381 | $336.3M | Reduce -7.3% |
| NVDA Nvidia Corp. | 4.47% | 1,875,623 | $327.1M | Reduce -0.5% |
| JPM JPMorgan Chase & Co. | 3.01% | 748,885 | $220.3M | Add +0.4% |
| AVGO Broadcom Inc. | 2.97% | 701,065 | $217.0M | Reduce -0.9% |
| CVX Chevron Corp. | 2.55% | 901,505 | $186.5M | Add +0.3% |
| AGG iShares Core U.S. Aggregate | 2.31% | 1,700,375 | $168.8M | New |
| ETR Entergy Corp. | 2.17% | 1,411,147 | $158.6M | Reduce -13.7% |
| AMZN Amazon.com Inc. | 2.09% | 734,228 | $152.9M | Add +14.6% |
| ABBV Abbvie Inc. | 1.93% | 650,411 | $141.5M | Reduce -0.0% |
| MBB iShares MBS ETF | 1.90% | 1,462,193 | $138.8M | New |
| IVV iShares Core S&P 500 ETF | 1.87% | 209,913 | $137.1M | Add +3.6% |
| PG The Procter & Gamble Co. | 1.78% | 902,492 | $130.4M | Add +6.2% |
| STT State Street Corp. | 1.75% | 1,010,246 | $127.9M | Add +0.2% |
| CSCO Cisco Systems Inc. | 1.66% | 1,566,744 | $121.6M | Reduce -16.9% |
| WMT Walmart Inc. | 1.62% | 953,909 | $118.6M | Reduce -15.3% |
| AEP American Electric Power | 1.61% | 901,052 | $118.1M | Add +1.6% |
| JNJ Johnson & Johnson | 1.57% | 469,028 | $114.6M | Add +75.3% |
| PH Parker Hannifin Corp. | 1.54% | 125,782 | $112.6M | Add +0.1% |
| AMGN Amgen Inc. | 1.54% | 319,238 | $112.3M | Add +1.7% |
| HON Honeywell International Inc. | 1.51% | 487,448 | $110.2M | Add +158.4% |
| V Visa Inc. Class A | 1.47% | 356,255 | $107.7M | Reduce -0.3% |
| HD Home Depot Inc. | 1.17% | 259,366 | $85.3M | Reduce -0.7% |
| PM Philip Morris International | 1.09% | 482,648 | $79.8M | Reduce -0.8% |
| WFC Wells Fargo & Co. | 1.06% | 978,312 | $77.9M | Add +1.4% |
| INGERSOLL-RAND PLC | 1.05% | 183,618 | $76.5M | Add +53.2% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.04% | 474,599 | $75.8M | Add +0.2% |
| IWM iShares Russell 2000 ETF | 0.92% | 270,000 | $67.0M | New |
| COR Cencora Inc. | 0.91% | 212,070 | $66.6M | Add +0.8% |
| SYK Stryker Corp. | 0.83% | 184,755 | $60.7M | Add +0.1% |
| UBER Uber Technologies Inc. | 0.81% | 819,584 | $59.0M | Add +0.3% |
| VTEI Vanguard Int Tax-Exempt Bond | 0.79% | 580,080 | $58.0M | New |
| MS Morgan Stanley | 0.73% | 324,821 | $53.5M | Add +0.8% |
| IEMG iShares Core MSCI Emerging | 0.67% | 707,493 | $49.3M | New |
| ETN Eaton Corp. PLC | 0.67% | 137,337 | $49.1M | Add +0.8% |
| TSM Taiwan Semiconductor-SP ADR | 0.65% | 139,934 | $47.3M | New |
| AIG American International Group | 0.64% | 625,310 | $47.1M | Reduce -0.2% |
| MRK Merck & Co. Inc. | 0.63% | 385,956 | $46.4M | Reduce -49.3% |
| T AT&T Inc. | 0.63% | 1,595,548 | $46.3M | Add +0.7% |
| AVB Avalonbay Communities Inc. | 0.56% | 250,554 | $40.9M | Reduce -1.5% |
| XOM Exxon Mobil Corp. | 0.54% | 231,094 | $39.2M | Add +0.3% |
| MU Micron Technology Inc. | 0.51% | 109,887 | $37.1M | Add +8.9% |
| ADI Analog Devices Inc. | 0.50% | 115,864 | $36.9M | Reduce -0.1% |
| SCHW Schwab (charles) Corp. | 0.50% | 389,361 | $36.6M | Add +17.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.49% | 149,007 | $36.1M | Add +0.5% |
| META Meta Platforms Inc. Class A | 0.46% | 59,154 | $33.8M | Reduce -0.3% |
| SMFG Sumitomo Mitsui-Spons ADR | 0.46% | 1,711,455 | $33.8M | New |
| IJR iShares Core S&P Small-Cap E | 0.45% | 262,327 | $32.6M | New |
| BRK.B Berkshire Hathaway Inc. Class B | 0.45% | 67,985 | $32.6M | Add +7.5% |
| BLK BlackRock Inc. | 0.44% | 33,826 | $32.5M | Add +1.2% |
| NKE Nike Inc. Class B | 0.44% | 605,675 | $32.0M | Add +34.4% |
| THLLY Thales SA - Unsp ADR | 0.43% | 540,846 | $31.8M | New |
| PANW Palo Alto Networks Inc. | 0.43% | 197,529 | $31.7M | Add +932.7% |
| MCD McDonald's Corp. | 0.42% | 97,969 | $30.4M | Add +0.3% |
| CRH CRH PLC | 0.41% | 288,274 | $30.3M | New |
| EMR Emerson Electric Co. | 0.40% | 223,323 | $29.3M | Reduce -24.8% |
| NVS Novartis AG-Sponsored ADR | 0.38% | 182,356 | $27.9M | New |
| VZ Verizon Communications Inc. | 0.38% | 553,850 | $27.8M | Add +1.9% |
| XLE SS Energy Select Sector | 0.35% | 423,596 | $25.9M | Reduce -1.0% |
| APP AppLovin Corp. Class A | 0.35% | 65,144 | $25.9M | New |
| FCX Freeport-McMoran Inc. | 0.35% | 436,368 | $25.6M | New |
| EWBC East West Bancorp Inc. | 0.35% | 239,883 | $25.6M | Add +1.3% |
| SIEGY Siemens AG-Spons ADR | 0.35% | 210,015 | $25.6M | New |
| NRG NRG Energy Inc. | 0.34% | 169,862 | $24.8M | Add +2.2% |
| BCS Barclays PLC-Spons ADR | 0.34% | 1,167,509 | $24.7M | New |
| KMI Kinder Morgan Inc. | 0.33% | 718,327 | $24.1M | Add +1.6% |
| SONY Sony Group Corp. - SP ADR | 0.33% | 1,156,193 | $23.9M | New |
| CNQ Canadian Natural Resources | 0.32% | 486,675 | $23.7M | New |
| MCK McKesson Corp. | 0.32% | 27,301 | $23.6M | Add +6759.6% |
| GOOG Alphabet Inc. Class C | 0.32% | 81,722 | $23.4M | Reduce -1.0% |
| XLI SS Industrial Select Sector | 0.31% | 142,241 | $23.0M | Reduce -53.2% |
| COST Costco Wholesale Corp. | 0.30% | 22,160 | $22.1M | Reduce -4.1% |
| NGG National Grid PLC-SP ADR | 0.29% | 251,502 | $21.3M | New |
| LMT Lockheed Martin Corp. | 0.29% | 34,705 | $21.0M | Reduce -0.1% |
| AXAHY AXA -Spons ADR filed as AXA SA | 0.27% | 427,398 | $19.7M | New |
| LLY Eli Lilly & Co. | 0.27% | 21,116 | $19.4M | Reduce -1.8% |
| AMP Ameriprise Financial Inc. | 0.26% | 42,414 | $18.8M | Reduce -28.2% |
| BHP BHP Group Ltd.-Spon ADR filed as BHP BILLITON LIMITED | 0.25% | 255,584 | $18.6M | New |
| ABT Abbott Laboratories | 0.25% | 176,556 | $18.1M | Reduce -5.0% |
| WMMVY Walmart DE Mexico-Spon ADR V | 0.23% | 528,414 | $17.2M | New |
| EAGG iShares ESG Aware US Aggrega | 0.23% | 360,183 | $17.1M | New |
| TXN Texas Instruments Inc. | 0.23% | 84,833 | $16.5M | Reduce -2.6% |
| ITA iShares U.S. Aerospace & Def | 0.20% | 66,679 | $14.6M | Reduce -2.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.20% | 22,043 | $14.3M | Add +1.8% |
| VWO Vanguard Ftse Emerging Marke | 0.19% | 262,639 | $14.2M | New |
| CAT Caterpillar Inc. | 0.19% | 19,972 | $14.1M | Reduce -3.1% |
| AAON Aaon Inc. | 0.19% | 166,031 | $13.7M | Reduce -3.1% |
| VEA Vanguard Ftse Developed ETF | 0.18% | 206,062 | $13.2M | New |
| ESGE iShares Inc. iShares ESG Awar | 0.18% | 283,275 | $12.9M | New |
| MET Metlife Inc. | 0.17% | 177,419 | $12.5M | Add +0.8% |
| IYG iShares U.S. Financial Servi | 0.17% | 148,491 | $12.3M | Reduce -1.6% |
| GVI iShares Intermediate Governm | 0.17% | 114,453 | $12.2M | New |
| XLK SS Technology Select Sector | 0.16% | 86,870 | $11.5M | Add +2.5% |
| SMH Vaneck Semiconductor ETF | 0.15% | 29,507 | $11.3M | Reduce -1.1% |
| TMO Thermo Fisher Scientific Inc. | 0.15% | 22,355 | $11.0M | Reduce -1.5% |
| UNP Union Pacific Corp. | 0.15% | 44,015 | $10.7M | Reduce -1.3% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.14% | 48,122 | $10.4M | Reduce -35.3% |
| MDT Medtronic PLC | 0.14% | 118,966 | $10.3M | Add +0.9% |
Portfolio Sells Q4 2025 → Q1 2026
| MSFT Microsoft Corp. | Reduce -7.3% | 4.60% | −3.00 |
| GOOGL Alphabet Inc. Class A | Reduce -7.7% | 4.76% | −1.82 |
| NVDA Nvidia Corp. | Reduce -0.5% | 4.47% | −1.16 |
| SWPPX Schwab S&P 500 Index-Sel | Sold out | 0.00% | −1.14 |
| AVGO Broadcom Inc. | Reduce -0.9% | 2.97% | −0.96 |
| ADP Automatic Data Processing | Reduce -84.9% | 0.10% | −0.87 |
| CSCO Cisco Systems Inc. | Reduce -16.9% | 1.66% | −0.67 |
| MRK Merck & Co. Inc. | Reduce -49.3% | 0.63% | −0.65 |
| V Visa Inc. Class A | Reduce -0.3% | 1.47% | −0.54 |
| ABBV Abbvie Inc. | Reduce -0.0% | 1.93% | −0.45 |
| XLI SS Industrial Select Sector | Reduce -53.2% | 0.31% | −0.44 |
| WMT Walmart Inc. | Reduce -15.3% | 1.62% | −0.39 |
| IYJ iShares U.S. Industrials ETF | Reduce -69.1% | 0.13% | −0.37 |
| HD Home Depot Inc. | Reduce -0.7% | 1.17% | −0.28 |
| ETR Entergy Corp. | Reduce -13.7% | 2.17% | −0.25 |
| EMR Emerson Electric Co. | Reduce -24.8% | 0.40% | −0.23 |
| AIG American International Group | Reduce -0.2% | 0.64% | −0.22 |
| AMP Ameriprise Financial Inc. | Reduce -28.2% | 0.26% | −0.21 |
| XLY SS Consumer Disc Select Sect | Reduce -69.0% | 0.06% | −0.18 |
| AVB Avalonbay Communities Inc. | Reduce -1.5% | 0.56% | −0.18 |
| AJG Arthur J Gallagher & Co. | Reduce -35.3% | 0.14% | −0.17 |
| META Meta Platforms Inc. Class A | Reduce -0.3% | 0.46% | −0.17 |
| PM Philip Morris International | Reduce -0.8% | 1.09% | −0.16 |
| XLP SS Consumer Staples Sel Sect | Reduce -61.1% | 0.08% | −0.14 |
| ABT Abbott Laboratories | Reduce -5.0% | 0.25% | −0.13 |
| VFIAX Vanguard 500 Index-Adm | Sold out | 0.00% | −0.12 |
| LLY Eli Lilly & Co. | Reduce -1.8% | 0.27% | −0.10 |
| GOOG Alphabet Inc. Class C | Reduce -1.0% | 0.32% | −0.09 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -16.5% | 0.11% | −0.07 |
| INTU Intuit Inc. | Reduce -1.6% | 0.08% | −0.07 |
| TMO Thermo Fisher Scientific Inc. | Reduce -1.5% | 0.15% | −0.06 |
| IYG iShares U.S. Financial Servi | Reduce -1.6% | 0.17% | −0.06 |
| DFEOX Dfa US Core Eqty 1 Port-Inst | Sold out | 0.00% | −0.05 |
| UNH Unitedhealth Group Inc. | Reduce -8.8% | 0.09% | −0.05 |
| FXAIX Fidelity 500 Index Fund | Sold out | 0.00% | −0.05 |
| QCOM Qualcomm Inc. | Reduce -63.9% | 0.01% | −0.04 |
| SCHX Schwab US Large-Cap ETF | Reduce -63.0% | 0.02% | −0.04 |
| ITA iShares U.S. Aerospace & Def | Reduce -2.1% | 0.20% | −0.04 |
| DODGX Dodge & Cox Stock-I | Sold out | 0.00% | −0.03 |
| COF Capital One Financial Corp. | Reduce -0.9% | 0.06% | −0.03 |
| SOLS Solstice Adv Materials Inc. | Reduce -94.1% | 0.00% | −0.03 |
| SCHG Schwab US Large-Cap Growth | Reduce -58.2% | 0.01% | −0.03 |
| BFGIX Baron Focused Growth-Inst | Sold out | 0.00% | −0.03 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -0.3% | 0.14% | −0.03 |
| AN Autonation Inc. | Reduce -8.9% | 0.08% | −0.03 |
| VTSAX VNGD Mrngst TS MK Idx FD-Adm | Sold out | 0.00% | −0.03 |
| TMUS T-Mobile US Inc. | Reduce -71.3% | 0.01% | −0.03 |
| IWD iShares Russell 1000 Value E | Reduce -18.9% | 0.06% | −0.03 |
| PEP Pepsico Inc. | Reduce -16.9% | 0.08% | −0.03 |
| ADBE Adobe Inc. | Reduce -5.5% | 0.03% | −0.02 |
Portfolio Buys Q4 2025 → Q1 2026
| ACWX iShares MSCI Acwi Ex US ETF | New | 5.15% | +5.15 |
| AGG iShares Core U.S. Aggregate | New | 2.31% | +2.31 |
| MBB iShares MBS ETF | New | 1.90% | +1.90 |
| HON Honeywell International Inc. | Add +158.4% | 1.51% | +0.92 |
| IWM iShares Russell 2000 ETF | New | 0.92% | +0.92 |
| VTEI Vanguard Int Tax-Exempt Bond | New | 0.79% | +0.79 |
| JNJ Johnson & Johnson | Add +75.3% | 1.57% | +0.68 |
| IEMG iShares Core MSCI Emerging | New | 0.67% | +0.67 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.65% | +0.65 |
| SMFG Sumitomo Mitsui-Spons ADR | New | 0.46% | +0.46 |
| IJR iShares Core S&P Small-Cap E | New | 0.45% | +0.45 |
| THLLY Thales SA - Unsp ADR | New | 0.43% | +0.43 |
| CRH CRH PLC | New | 0.41% | +0.41 |
| NVS Novartis AG-Sponsored ADR | New | 0.38% | +0.38 |
| PANW Palo Alto Networks Inc. | Add +932.7% | 0.43% | +0.38 |
| CVX Chevron Corp. | Add +0.3% | 2.55% | +0.35 |
| APP AppLovin Corp. Class A | New | 0.35% | +0.35 |
| FCX Freeport-McMoran Inc. | New | 0.35% | +0.35 |
| SIEGY Siemens AG-Spons ADR | New | 0.35% | +0.35 |
| BCS Barclays PLC-Spons ADR | New | 0.34% | +0.34 |
| SONY Sony Group Corp. - SP ADR | New | 0.33% | +0.33 |
| CNQ Canadian Natural Resources | New | 0.32% | +0.32 |
| MCK McKesson Corp. | Add +6759.6% | 0.32% | +0.32 |
| INGERSOLL-RAND PLC | Add +53.2% | 1.05% | +0.30 |
| NGG National Grid PLC-SP ADR | New | 0.29% | +0.29 |
| AXAHY AXA -Spons ADR | New | 0.27% | +0.27 |
| BHP BHP Group Ltd.-Spon ADR | New | 0.25% | +0.25 |
| WMMVY Walmart DE Mexico-Spon ADR V | New | 0.23% | +0.23 |
| EAGG iShares ESG Aware US Aggrega | New | 0.23% | +0.23 |
| VWO Vanguard Ftse Emerging Marke | New | 0.19% | +0.19 |
| VEA Vanguard Ftse Developed ETF | New | 0.18% | +0.18 |
| ESGE iShares Inc. iShares ESG Awar | New | 0.18% | +0.18 |
| GVI iShares Intermediate Governm | New | 0.17% | +0.17 |
| UPS United Parcel Service Class B | New | 0.14% | +0.14 |
| SCCO Southern Copper Corp. | New | 0.10% | +0.10 |
| VSS Vanguard Ftse All Wo X-US SC | New | 0.09% | +0.09 |
| XOM Exxon Mobil Corp. | Add +0.3% | 0.54% | +0.09 |
| EFA iShares MSCI Eafe ETF | New | 0.07% | +0.07 |
| IJH iShares Core S&P Midcap ETF | New | 0.07% | +0.07 |
| UNVGY Universal Music Gro-Unsp ADR | New | 0.06% | +0.06 |
| SCMB Schwab Municipal Bond ETF | New | 0.06% | +0.06 |
| MU Micron Technology Inc. | Add +8.9% | 0.51% | +0.05 |
| IEFA iShares Core MSCI Eafe ETF | New | 0.04% | +0.04 |
| ESGD iShares Trust iShares ESG Aw | New | 0.04% | +0.04 |
| EZU iShares MSCI Eurozone ETF | New | 0.03% | +0.03 |
| CB Chubb Ltd. | New | 0.03% | +0.03 |
| DWM Wisdomtree International Equ | New | 0.03% | +0.03 |
| DFAS Dimensional US Small Cap ETF | New | 0.03% | +0.03 |
| VB Vanguard Most SM-Cap ETF-Usd | New | 0.03% | +0.03 |
| DBSDY DBS Group Holdings-Spon ADR | New | 0.03% | +0.03 |
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 |