Mengis Capital Management, Inc.

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 8, 2025), Mengis Capital Management, Inc. reported 186 stock positions worth $476.3 million. Its top holding was Apple (AAPL) at 7.3% of the portfolio, followed by Microsoft (MSFT, 5.3%) and Chevron (CVX, 3.6%). Compared with Q4 2024, it opened 7 new positions, sold out of 5, added to 51 and reduced 70. The biggest buy was a new position in Astrazeneca PLC-Spons ADR (AZN) and the biggest sale Apple (AAPL, shares −7%).

Most Recent 13F
Q2 2026
Location
PORTLAND, OR
CIK
0001609674
Portfolio Value
$476.3M (Q1 2025)
SEC Filing
0001609674-25-000003 ↗ filed May 8, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $644.9M Q1 2024 Q2 2024: $490.9M Q2 2024 Q3 2024: $505.6M Q3 2024 Q4 2024: $486.9M Q4 2024 Q1 2025: $476.3M $476.3M Q1 2025 Q2 2025: $468.1M Q2 2025 Q3 2025: $506.1M Q3 2025 Q4 2025: $563.6M Q4 2025 Q1 2026: $578.9M Q1 2026 Q2 2026: $655.6M Q2 2026

Holdings 186 stocks · $476.3M
AAPL Apple Inc. 7.33% 157,180 $34.9M Reduce -7.2%
MSFT Microsoft Corp. 5.26% 66,766 $25.1M Reduce -5.5%
CVX Chevron Corp. 3.62% 103,150 $17.3M Add +0.2%
JPM JPMorgan Chase & Co. 2.90% 56,291 $13.8M Reduce -1.2%
PCAR Paccar Inc. 2.73% 133,548 $13.0M Reduce -5.7%
DE Deere & Co. 2.69% 27,290 $12.8M No change
COST Costco Wholesale Corp. 2.54% 12,777 $12.1M Reduce -0.1%
QCOM Qualcomm Inc. 2.30% 71,425 $11.0M Reduce -0.1%
GSIE Goldman Sachs Activebeta Int 2.14% 286,075 $10.2M Add +2.1%
GOOG Alphabet Inc. Class C 2.13% 65,073 $10.2M Reduce -0.8%
NVS Novartis AG-Sponsored ADR 1.88% 80,113 $8.9M No change
PWR Quanta Services Inc. 1.86% 34,936 $8.9M Add +0.0%
XOM Exxon Mobil Corp. 1.75% 70,240 $8.4M Reduce -2.1%
MDT Medtronic PLC 1.74% 91,979 $8.3M Add +0.8%
JNJ Johnson & Johnson 1.62% 46,524 $7.7M Reduce -4.7%
AMZN Amazon.com Inc. 1.60% 40,065 $7.6M Add +0.3%
PM Philip Morris International 1.48% 44,382 $7.0M Reduce -0.2%
MRK Merck & Co. Inc. 1.28% 67,869 $6.1M Reduce -36.7%
LLY Eli Lilly & Co. 1.27% 7,334 $6.1M Reduce -2.6%
PEP Pepsico Inc. 1.27% 40,203 $6.0M Add +14.7%
HSY The Hershey Co. 1.11% 30,992 $5.3M Add +14.5%
BRK.B Berkshire Hathaway Inc. Class B 1.08% 9,685 $5.2M Add +0.3%
MOAT Vaneck Morningstar Wide Moat 1.05% 56,815 $5.0M Add +0.6%
HUBB Hubbell Inc. 0.97% 14,000 $4.6M No change
AZN Astrazeneca PLC-Spons ADR 0.94% 60,710 $4.5M New
SCHX Schwab US Large-Cap ETF 0.93% 201,394 $4.4M Add +0.6%
SCHM Schwab US Mid Cap ETF 0.92% 168,095 $4.4M Add +1.2%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.91% 103,656 $4.3M Add +0.7%
ATI Ati Inc. 0.91% 82,907 $4.3M Add +3.2%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.90% 17,183 $4.3M No change
NSRGY Nestle SA-Spons ADR 0.89% 41,965 $4.2M Add +25.5%
SCHW Schwab (charles) Corp. 0.88% 53,842 $4.2M Reduce -1.8%
IAU iShares Gold Trust 0.86% 69,296 $4.1M Reduce -0.1%
EMR Emerson Electric Co. 0.86% 37,193 $4.1M Add +0.0%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.85% 97,075 $4.1M Reduce -3.1%
GEHC GE Healthcare Technology 0.82% 48,102 $3.9M Add +8.4%
SPY SS SPDR S&P 500 ETF Trust-US 0.81% 6,881 $3.8M Reduce -3.7%
BMY Bristol-Myers Squibb Co. 0.81% 63,108 $3.8M Reduce -0.7%
HD Home Depot Inc. 0.78% 10,147 $3.7M No change
KMB Kimberly-Clark Corp. 0.76% 25,606 $3.6M Reduce -0.2%
KO The Coca-Cola Co. 0.74% 49,165 $3.5M Reduce -0.2%
PG The Procter & Gamble Co. 0.69% 19,383 $3.3M Reduce -0.3%
KR Kroger Co. 0.67% 47,438 $3.2M No change
GSLC Goldman Activebeta US LC ETF 0.67% 28,930 $3.2M Reduce -0.4%
ADP Automatic Data Processing 0.65% 10,173 $3.1M No change
MMM 3M Co. 0.60% 19,389 $2.8M No change
WWD Woodward Inc. 0.58% 15,100 $2.8M Reduce -5.6%
BINC iShares Flex I A ETF-Usd Inc. 0.56% 51,172 $2.7M Add +14.0%
SCHD Schwab US DVD Equity ETF 0.56% 95,461 $2.7M Add +0.8%
A Agilent Technologies Inc. 0.55% 22,514 $2.6M Reduce -8.3%
HON Honeywell International Inc. 0.55% 12,336 $2.6M No change
IVV iShares Core S&P 500 ETF 0.55% 4,647 $2.6M Reduce -2.3%
FDX FedEx Corp. 0.53% 10,291 $2.5M Reduce -0.1%
AXP American Express Co. 0.51% 9,070 $2.4M No change
KEYS Keysight Technologies Inc. 0.50% 15,992 $2.4M No change
BRKR Bruker Corp. 0.49% 56,335 $2.4M Add +0.4%
UBER Uber Technologies Inc. 0.48% 31,445 $2.3M Add +4.1%
RTX RTX Corp. 0.48% 17,219 $2.3M No change
CTRA Coterra Energy Inc. 0.47% 77,887 $2.3M Reduce -0.2%
BSV Vanguard Short-Term Bond ETF 0.47% 28,595 $2.2M Reduce -6.3%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.47% 22,445 $2.2M Add +0.3%
WAT Waters Corp. 0.46% 6,000 $2.2M Reduce -25.0%
BA The Boeing Co. 0.46% 12,739 $2.2M Reduce -0.8%
SPXC SPX Technologies Inc. 0.43% 16,000 $2.1M Reduce -23.8%
ABBV Abbvie Inc. 0.40% 9,183 $1.9M Reduce -0.4%
PNC PNC Financial Services Group 0.40% 10,908 $1.9M Reduce -6.3%
AMGN Amgen Inc. 0.40% 6,052 $1.9M No change
CL Colgate-Palmolive Co. 0.40% 20,100 $1.9M No change
VZ Verizon Communications Inc. 0.39% 41,364 $1.9M Reduce -1.8%
UPS United Parcel Service Class B 0.38% 16,606 $1.8M Reduce -0.9%
DD Dupont DE Nemours Inc. 0.37% 23,519 $1.8M Reduce -1.5%
BCD Abrdn Bloomberg All Commodit filed as ABRDN ETFS 0.37% 51,336 $1.8M Add +46.8%
ASML ASML Holding NV-NY Reg SHS 0.36% 2,604 $1.7M Add +1.3%
DELL Dell Technologies -C 0.35% 18,485 $1.7M Reduce -0.4%
CMI Cummins Inc. 0.35% 5,338 $1.7M No change
CBT Cabot Corp. 0.35% 20,000 $1.7M No change
CVS CVS Health Corp. 0.33% 23,330 $1.6M Reduce -2.9%
VLO Valero Energy Corp. 0.33% 11,880 $1.6M Reduce -0.2%
VEU Vanguard Ftse All-World Ex-U 0.33% 25,748 $1.6M Add +0.9%
MPC Marathon Petroleum Corp. 0.33% 10,675 $1.6M No change
NXPI NXP Semiconductors NV 0.33% 8,180 $1.6M No change
BIV Vanguard Intermediate-Term B 0.32% 20,195 $1.5M Reduce -1.9%
FLS Flowserve Corp. 0.32% 31,505 $1.5M No change
WM Waste Management Inc. 0.32% 6,598 $1.5M Add +0.6%
GOOGL Alphabet Inc. Class A 0.32% 9,736 $1.5M Reduce -0.7%
PFE Pfizer Inc. 0.31% 58,657 $1.5M Reduce -9.6%
LEN Lennar Corp. Class A 0.31% 12,811 $1.5M Add +0.0%
WAB Wabtec Corp. 0.30% 7,865 $1.4M No change
MCD McDonald's Corp. 0.29% 4,461 $1.4M Reduce -0.4%
FLR Fluor Corp. 0.28% 37,333 $1.3M Add +21.9%
NTR Nutrien Ltd. 0.27% 25,550 $1.3M Reduce -0.4%
COLB Columbia Banking System Inc. 0.26% 49,982 $1.2M Add +1.2%
META Meta Platforms Inc. Class A 0.26% 2,113 $1.2M Reduce -0.2%
TDY Teledyne Technologies Inc. 0.25% 2,397 $1.2M No change
VCIT Vanguard Int-Term Corporate 0.25% 14,521 $1.2M Add +26.7%
FCX Freeport-McMoran Inc. 0.24% 29,868 $1.1M Add +7.1%
KMPR Kemper Corp. 0.23% 16,500 $1.1M No change
NVDA Nvidia Corp. 0.23% 10,055 $1.1M Add +6.8%
ETN Eaton Corp. PLC 0.22% 3,820 $1.0M Add +37.8%
AMD Advanced Micro Devices 0.21% 9,965 $1.0M No change
AVGO Broadcom Inc. 0.21% 5,889 $986K Add +36.8%
SBUX Starbucks Corp. 0.20% 9,904 $971K Reduce -1.6%
CLX Clorox Company 0.20% 6,579 $969K No change
USB US Bancorp 0.20% 22,532 $951K No change
SCHA Schwab US Small-Cap ETF 0.19% 39,019 $914K Add +0.6%
SCHB Schwab US Broad Market ETF 0.19% 42,165 $908K Reduce -0.4%
GD General Dynamics Corp. 0.19% 3,323 $906K No change
WY Weyerhaeuser Co. 0.18% 29,850 $874K Reduce -0.3%
APD Air Products & Chemicals Inc. 0.17% 2,788 $822K No change
ORCL Oracle Corp. 0.17% 5,878 $822K Add +40.7%
MOTI Vaneck Mstar Int Moat ETF 0.17% 24,185 $805K Add +4.5%
VTIP Vanguard Short-Term Tips 0.17% 16,122 $804K Add +3.2%
UL Unilever PLC 0.17% 13,412 $799K Reduce -1.1%
NKE Nike Inc. Class B 0.16% 12,069 $766K Add +14.4%
ILMN Illumina Inc. 0.16% 9,442 $749K No change
UNP Union Pacific Corp. 0.15% 2,950 $697K Add +3.5%
GIS General Mills Inc. 0.14% 11,000 $658K Reduce -2.0%
CMCSA Comcast Corp. Class A 0.13% 17,301 $638K Reduce -6.3%
GBIL Goldman Sachs Access Treasur 0.13% 6,051 $606K Reduce -1.9%
DXJ Wisdomtree Japan Hedged Eq 0.13% 5,460 $602K No change
ABT Abbott Laboratories 0.12% 4,391 $582K Reduce -0.6%
AIR Aar Corp. 0.12% 10,365 $580K Reduce -1.0%
STX Seagate Technology Holdings 0.12% 6,760 $574K Reduce -0.7%
DDOG Datadog Inc. Class A 0.12% 5,587 $554K Add +0.1%
IWM iShares Russell 2000 ETF 0.11% 2,701 $539K No change
VIG Vanguard Dividend Apprec ETF 0.11% 2,611 $506K Add +0.0%
FSLR First Solar Inc. 0.11% 3,987 $504K Reduce -22.8%
VGT Vanguard Info Tech ETF 0.10% 918 $498K Reduce -7.5%
XSOE Wisdmtree Emerg MKT Ex-St Ow 0.10% 16,107 $497K Reduce -3.0%
HFWA Heritage Financial Corp. 0.10% 20,311 $494K No change
FNDX Schwab Fndmntl US LRG Co. ETF 0.10% 20,607 $487K Add +8.5%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.10% 1,865 $482K Add +21.3%
WFC Wells Fargo & Co. 0.10% 6,564 $471K Add +0.8%
ABNB Airbnb Inc. Class A 0.10% 3,848 $460K No change
CAT Caterpillar Inc. 0.10% 1,386 $457K Add +0.1%
IVW iShares S&P 500 Growth ETF 0.09% 4,709 $437K No change
GLD SPDR Gold Shares 0.09% 1,459 $420K No change
BLK BlackRock Finance Inc. 0.09% 443 $419K No change
SCHP Schwab U.S. Tips ETF 0.09% 15,568 $419K Reduce -11.4%
PRU Prudential Financial Inc. 0.09% 3,680 $411K No change
SPSM SS SPDR P S&P 600 Small Cap 0.08% 9,926 $405K Add +10.3%
VALARIS PLC SHS CLASS A 0.08% 10,200 $400K Reduce -7.0%
PFUIX PIMCO Intl BND Unhdg-Inst 0.08% 51,988 $391K New
ITOT iShares Core S&P Total U.S. 0.08% 3,206 $391K Reduce -2.4%
CSCO Cisco Systems Inc. 0.08% 6,305 $389K No change
FNPFX Amer FNDS New Perspect-F3 filed as AMERICAN FUNDS NEW PERSP 0.08% 6,176 $376K Reduce -1.3%
FNDA Schwab Fndmntl US SM Co. ETF 0.08% 13,419 $368K Reduce -7.5%
SCHV Schwab US Large-Cap Value 0.08% 13,819 $367K Reduce -5.4%
AMAT Applied Materials Inc. 0.08% 2,490 $361K Reduce -3.9%
DVY iShares Select Dividend ETF 0.07% 2,500 $336K No change
MKC McCormick & Co.-Non VTG SHRS 0.07% 3,945 $325K Add +2.5%
WMB Williams Cos Inc. 0.07% 5,432 $325K Reduce -2.7%
ENB Enbridge Inc. 0.07% 7,109 $315K No change
MAT Mattel Inc. 0.07% 15,976 $310K No change
CTVA Corteva Inc. 0.06% 4,882 $307K Reduce -1.0%
VTRS Viatris Inc. 0.06% 34,612 $301K Reduce -0.7%
CRM Salesforce Inc. 0.06% 1,090 $293K No change
NFLX Netflix Inc. 0.06% 311 $290K No change
ALC Alcon Inc. filed as ALCON AG 0.06% 2,952 $280K No change
LNG Cheniere Energy Inc. 0.06% 1,200 $278K No change
DVN Devon Energy Corp. 0.06% 7,133 $267K No change
VTI VG Morningstar TS MKT ETF-US 0.06% 964 $265K No change
QQQ Invesco QQQ Trust Series 1 0.06% 565 $265K Reduce -7.4%
SCHF Schwab Intl Equity ETF 0.05% 13,124 $260K Add +0.1%
ISRG Intuitive Surgical Inc. 0.05% 521 $258K No change
NEE Nextera Energy Inc. 0.05% 3,630 $257K Reduce -4.0%
K Kellanova 0.05% 3,116 $257K No change
TSLA Tesla Inc. 0.05% 942 $244K Add +31.4%
IJH iShares Core S&P Midcap ETF 0.05% 4,151 $242K Add +0.2%
ESGV Vanguard ESG US Stock ETF 0.05% 2,389 $234K Reduce -9.6%
FXAIX Fidelity 500 Index Fund 0.05% 1,196 $234K New
EQT Eqt Corp. 0.05% 4,334 $232K New
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.05% 660 $228K New
BKNG Booking Holdings Inc. 0.05% 49 $226K No change
TXN Texas Instruments Inc. 0.05% 1,253 $225K No change
BWA Borgwarner Inc. 0.05% 7,750 $222K No change
KMI Kinder Morgan Inc. 0.05% 7,671 $219K No change
AIVL Wisdomtree US AI Enhanced Va 0.05% 1,970 $216K No change
ADI Analog Devices Inc. 0.04% 1,040 $210K No change
UNH Unitedhealth Group Inc. 0.04% 392 $205K New
WMT Walmart Inc. 0.04% 2,336 $205K No change
XLE SS Energy Select Sector 0.04% 2,147 $201K New
ERIC Ericsson (lm) Tel-SP ADR filed as TELEFONAKTIEBOLAGET LM ERICS 0.04% 22,300 $173K No change
KYN Kayne Anderson Energy Infra 0.03% 10,228 $131K Add +1.8%
BCOIX Baird Core Plus Bond-Inst 0.02% 11,374 $116K No change
NUGENE INTL INC 0.00% 1,500,000 $2K No change
Other holdings (4): bonds, preferreds, convertibles and warrants · $2.7M (not counted above)
SecurityClassShares / PrincipalValueChange
BANK OF AMERICA CORP (BAC F PERP +4) COM 41,234$964KReduce -2.0%
US BANCORP (USB F PERP B*) COM 36,607$789KReduce -3.4%
DUKE ENERGY CORP (DUK 5.75 PERP A) Common Stock 21,050$517KAdd +2.9%
CHARLES SCHWAB CORP (SCHW 5.95 PERP D) Common Stock 16,003$398KAdd +3.2%

Total filed on the 13F, all lines: $479.0M.

Portfolio Sells Q4 2024 → Q1 2025
AAPL Apple Inc. Reduce -7.2% 7.33% −1.38
MRK Merck & Co. Inc. Reduce -36.7% 1.28% −0.91
MSFT Microsoft Corp. Reduce -5.5% 5.26% −0.85
GOOG Alphabet Inc. Class C Reduce -0.8% 2.13% −0.43
PCAR Paccar Inc. Reduce -5.7% 2.73% −0.29
SPXC SPX Technologies Inc. Reduce -23.8% 0.43% −0.20
WAT Waters Corp. Reduce -25.0% 0.46% −0.15
A Agilent Technologies Inc. Reduce -8.3% 0.55% −0.12
DELL Dell Technologies -C Reduce -0.4% 0.35% −0.09
FSLR First Solar Inc. Reduce -22.8% 0.11% −0.08
FDX FedEx Corp. Reduce -0.1% 0.53% −0.07
GOOGL Alphabet Inc. Class A Reduce -0.7% 0.32% −0.07
PNC PNC Financial Services Group Reduce -6.3% 0.40% −0.06
V Visa Inc. Class A Sold out 0.00% −0.05
BAC Bank of America Corp. Reduce -3.1% 0.85% −0.05
SPY SS SPDR S&P 500 ETF Trust-US Reduce -3.7% 0.81% −0.05
UPS United Parcel Service Class B Reduce -0.9% 0.38% −0.05
AMP Ameriprise Financial Inc. Sold out 0.00% −0.04
VUG Vanguard Mrngstar GR ETF-Sui Sold out 0.00% −0.04
BIIB Biogen Inc. Sold out 0.00% −0.04
PFE Pfizer Inc. Reduce -9.6% 0.31% −0.04
SCHO Schwab Short-Term US Treas Sold out 0.00% −0.04
IVV iShares Core S&P 500 ETF Reduce -2.3% 0.55% −0.03
VTRS Viatris Inc. Reduce -0.7% 0.06% −0.03
VGT Vanguard Info Tech ETF Reduce -7.5% 0.10% −0.02
GSLC Goldman Activebeta US LC ETF Reduce -0.4% 0.67% −0.02
VALARIS PLC SHS CLASS A Reduce -7.0% 0.08% −0.02
BSV Vanguard Short-Term Bond ETF Reduce -6.3% 0.47% −0.01
FNDA Schwab Fndmntl US SM Co. ETF Reduce -7.5% 0.08% −0.01
BA The Boeing Co. Reduce -0.8% 0.46% −0.01
AMAT Applied Materials Inc. Reduce -3.9% 0.08% −0.01
AIR Aar Corp. Reduce -1.0% 0.12% −0.01
GIS General Mills Inc. Reduce -2.0% 0.14% −0.01
QQQ Invesco QQQ Trust Series 1 Reduce -7.4% 0.06% −0.01
CMCSA Comcast Corp. Class A Reduce -6.3% 0.13% −0.01
ESGV Vanguard ESG US Stock ETF Reduce -9.6% 0.05% −0.01
SCHB Schwab US Broad Market ETF Reduce -0.4% 0.19% −0.01
DD Dupont DE Nemours Inc. Reduce -1.5% 0.37% −0.01
SCHP Schwab U.S. Tips ETF Reduce -11.4% 0.09% −0.01
ITOT iShares Core S&P Total U.S. Reduce -2.4% 0.08% −0.00
NEE Nextera Energy Inc. Reduce -4.0% 0.05% −0.00
SCHV Schwab US Large-Cap Value Reduce -5.4% 0.08% −0.00
FNPFX Amer FNDS New Perspect-F3 Reduce -1.3% 0.08% −0.00
STX Seagate Technology Holdings Reduce -0.7% 0.12% −0.00
XSOE Wisdmtree Emerg MKT Ex-St Ow Reduce -3.0% 0.10% +0.00
GBIL Goldman Sachs Access Treasur Reduce -1.9% 0.13% +0.00
META Meta Platforms Inc. Class A Reduce -0.2% 0.26% +0.00
WMB Williams Cos Inc. Reduce -2.7% 0.07% +0.01
CTVA Corteva Inc. Reduce -1.0% 0.06% +0.01
BIV Vanguard Intermediate-Term B Reduce -1.9% 0.32% +0.01

Portfolio Buys Q4 2024 → Q1 2025
AZN Astrazeneca PLC-Spons ADR New 0.94% +0.94
CVX Chevron Corp. Add +0.2% 3.62% +0.56
NSRGY Nestle SA-Spons ADR Add +25.5% 0.89% +0.33
MDT Medtronic PLC Add +0.8% 1.74% +0.24
GSIE Goldman Sachs Activebeta Int Add +2.1% 2.14% +0.22
BRK.B Berkshire Hathaway Inc. Class B Add +0.3% 1.08% +0.18
HSY The Hershey Co. Add +14.5% 1.11% +0.17
PEP Pepsico Inc. Add +14.7% 1.27% +0.17
BCD Abrdn Bloomberg All Commodit Add +46.8% 0.37% +0.14
UBER Uber Technologies Inc. Add +4.1% 0.48% +0.11
GEHC GE Healthcare Technology Add +8.4% 0.82% +0.10
SLB SLB Ltd. Add +0.7% 0.91% +0.10
BINC iShares Flex I A ETF-Usd Inc. Add +14.0% 0.56% +0.08
PFUIX PIMCO Intl BND Unhdg-Inst New 0.08% +0.08
VCIT Vanguard Int-Term Corporate Add +26.7% 0.25% +0.06
FXAIX Fidelity 500 Index Fund New 0.05% +0.05
WM Waste Management Inc. Add +0.6% 0.32% +0.05
EQT Eqt Corp. New 0.05% +0.05
AJG Arthur J Gallagher & Co. New 0.05% +0.05
UNH Unitedhealth Group Inc. New 0.04% +0.04
XLE SS Energy Select Sector New 0.04% +0.04
ORCL Oracle Corp. Add +40.7% 0.17% +0.03
SCHD Schwab US DVD Equity ETF Add +0.8% 0.56% +0.03
ETN Eaton Corp. PLC Add +37.8% 0.22% +0.03
VEU Vanguard Ftse All-World Ex-U Add +0.9% 0.33% +0.03
MOTI Vaneck Mstar Int Moat ETF Add +4.5% 0.17% +0.02
FCX Freeport-McMoran Inc. Add +7.1% 0.24% +0.02
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +21.3% 0.10% +0.02
VTIP Vanguard Short-Term Tips Add +3.2% 0.17% +0.01
UNP Union Pacific Corp. Add +3.5% 0.15% +0.01
FNDX Schwab Fndmntl US LRG Co. ETF Add +8.5% 0.10% +0.01
MKC McCormick & Co.-Non VTG SHRS Add +2.5% 0.07% +0.01
WFC Wells Fargo & Co. Add +0.8% 0.10% +0.01
SCHF Schwab Intl Equity ETF Add +0.1% 0.05% +0.00
AVGO Broadcom Inc. Add +36.8% 0.21% +0.00
SPSM SS SPDR P S&P 600 Small Cap Add +10.3% 0.08% +0.00
VIG Vanguard Dividend Apprec ETF Add +0.0% 0.11% +0.00
KYN Kayne Anderson Energy Infra Add +1.8% 0.03% +0.00
IJH iShares Core S&P Midcap ETF Add +0.2% 0.05% −0.00
ATI Ati Inc. Add +3.2% 0.91% −0.00
NKE Nike Inc. Class B Add +14.4% 0.16% −0.00
ASML ASML Holding NV-NY Reg SHS Add +1.3% 0.36% −0.00
CAT Caterpillar Inc. Add +0.1% 0.10% −0.01
TSLA Tesla Inc. Add +31.4% 0.05% −0.01
COLB Columbia Banking System Inc. Add +1.2% 0.26% −0.01
SCHA Schwab US Small-Cap ETF Add +0.6% 0.19% −0.01
SCHX Schwab US Large-Cap ETF Add +0.6% 0.93% −0.02
SCHM Schwab US Mid Cap ETF Add +1.2% 0.92% −0.02
MOAT Vaneck Morningstar Wide Moat Add +0.6% 1.05% −0.03
FLR Fluor Corp. Add +21.9% 0.28% −0.03

Notes & Other Activity Q4 2024 → Q1 2025
BANK OF AMERICA CORP (BAC F PERP +4) COM Reduce -2.0% 41,234 $964K
US BANCORP (USB F PERP B*) COM Reduce -3.4% 36,607 $789K
DUKE ENERGY CORP (DUK 5.75 PERP A) Common Stock Add +2.9% 21,050 $517K
CHARLES SCHWAB CORP (SCHW 5.95 PERP D) Common Stock Add +3.2% 16,003 $398K

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 214$655.6MAAPL, MSFT, GOOG, PWR, JPM
Q1 2026 208$578.9MAAPL, MSFT, CVX, GOOG, JPM
Q4 2025 205$563.6MAAPL, MSFT, GOOG, JPM, CVX
Q3 2025 203$506.1MAAPL, MSFT, JPM, GOOG, CVX
Q2 2025 195$468.1MMSFT, AAPL, JPM, CVX, DE
Q1 2025 186$476.3MAAPL, MSFT, CVX, JPM, PCAR
Q4 2024 184$486.9MAAPL, MSFT, CVX, PCAR, JPM
Q3 2024 179$505.6MAAPL, MSFT, PCAR, CVX, COST
Q2 2024Amended 176$490.9MAAPL, MSFT, PCAR, CVX, QCOM
Q1 2024Amended 210$644.9MMSFT, PCAR, AAPL, COST, MRK