Mengis Capital Management, Inc.

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 12, 2025), Mengis Capital Management, Inc. reported 203 stock positions worth $506.1 million. Its top holding was Apple (AAPL) at 6.9% of the portfolio, followed by Microsoft (MSFT, 6.0%) and JPMorgan Chase (JPM, 3.4%). Compared with Q2 2025, it opened 12 new positions, sold out of 4, added to 67 and reduced 63. The biggest buy was Clorox (CLX, shares +138%) and the biggest sale Deere (DE, shares −0%).

Most Recent 13F
Q2 2026
Location
PORTLAND, OR
CIK
0001609674
Portfolio Value
$506.1M (Q3 2025)
SEC Filing
0001609674-25-000006 ↗ filed Nov 12, 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 Q1 2025 Q2 2025: $468.1M Q2 2025 Q3 2025: $506.1M $506.1M Q3 2025 Q4 2025: $563.6M Q4 2025 Q1 2026: $578.9M Q1 2026 Q2 2026: $655.6M Q2 2026

Holdings 203 stocks · $506.1M
AAPL Apple Inc. 6.94% 137,863 $35.1M Reduce -0.6%
MSFT Microsoft Corp. 6.03% 58,955 $30.5M Reduce -0.6%
JPM JPMorgan Chase & Co. 3.42% 54,866 $17.3M Reduce -1.1%
GOOG Alphabet Inc. Class C 3.03% 63,029 $15.4M Reduce -0.5%
CVX Chevron Corp. 2.80% 91,276 $14.2M Reduce -0.5%
GSIE Goldman Sachs Activebeta Int 2.40% 295,260 $12.1M Add +2.0%
QCOM Qualcomm Inc. 2.35% 71,457 $11.9M Add +0.3%
DE Deere & Co. 2.29% 25,390 $11.6M Reduce -0.1%
PWR Quanta Services Inc. 2.23% 27,225 $11.3M Reduce -2.7%
COST Costco Wholesale Corp. 2.03% 11,079 $10.3M Reduce -0.1%
PCAR Paccar Inc. 1.87% 96,046 $9.4M Reduce -0.3%
MDT Medtronic PLC 1.73% 92,092 $8.8M Add +0.2%
AMZN Amazon.com Inc. 1.73% 39,843 $8.7M Reduce -1.1%
NVS Novartis AG-Sponsored ADR 1.62% 63,998 $8.2M Reduce -0.8%
LLY Eli Lilly & Co. 1.41% 9,374 $7.2M Add +5.4%
PM Philip Morris International 1.37% 42,708 $6.9M Reduce -2.1%
JNJ Johnson & Johnson 1.32% 36,050 $6.7M Reduce -0.6%
AZN Astrazeneca PLC-Spons ADR 1.32% 86,842 $6.7M Add +19.2%
ATI Ati Inc. 1.31% 81,807 $6.7M Add +1.3%
XOM Exxon Mobil Corp. 1.26% 56,373 $6.4M Add +2.2%
MOAT Vaneck Morningstar Wide Moat 1.14% 58,445 $5.8M Add +4.7%
SCHX Schwab US Large-Cap ETF 1.04% 200,097 $5.3M Add +1.4%
PEP Pepsico Inc. 1.04% 37,388 $5.3M Add +4.6%
IAU iShares Gold Trust 0.99% 68,684 $5.0M Add +0.8%
SCHM Schwab US Mid Cap ETF 0.98% 168,011 $5.0M Add +1.9%
EMR Emerson Electric Co. 0.97% 37,243 $4.9M Add +0.0%
BRK.B Berkshire Hathaway Inc. Class B 0.96% 9,690 $4.9M Reduce -0.6%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.93% 91,210 $4.7M Reduce -0.4%
SPY SS SPDR S&P 500 ETF Trust-US 0.88% 6,699 $4.5M Reduce -1.1%
MRK Merck & Co. Inc. 0.86% 51,895 $4.4M Reduce -7.8%
HSY The Hershey Co. 0.85% 22,950 $4.3M Add +2.5%
BA The Boeing Co. 0.84% 19,775 $4.3M Add +7.2%
CLX Clorox Company 0.84% 34,383 $4.2M Add +138.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.82% 14,683 $4.1M No change
SCHW Schwab (charles) Corp. 0.79% 41,906 $4.0M Reduce -0.8%
HUBB Hubbell Inc. 0.77% 9,000 $3.9M No change
NSRGY Nestle SA-Spons ADR 0.75% 41,435 $3.8M Reduce -0.6%
GEHC GE Healthcare Technology 0.75% 50,557 $3.8M Reduce -0.8%
GSLC Goldman Activebeta US LC ETF 0.71% 27,480 $3.6M Add +1.6%
KO The Coca-Cola Co. 0.63% 47,734 $3.2M Reduce -0.8%
BINC iShares Flex I A ETF-Usd Inc. 0.62% 58,636 $3.1M Add +5.4%
IVV iShares Core S&P 500 ETF 0.61% 4,628 $3.1M Add +0.1%
SCHD Schwab US DVD Equity ETF 0.60% 110,863 $3.0M Add +12.2%
MMM 3M Co. 0.58% 18,764 $2.9M Reduce -0.4%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.57% 83,615 $2.9M Reduce -0.6%
RTX RTX Corp. 0.55% 16,719 $2.8M No change
KR Kroger Co. 0.55% 41,188 $2.8M No change
AVGO Broadcom Inc. 0.54% 8,259 $2.7M No change
CMI Cummins Inc. 0.54% 6,443 $2.7M Add +7.6%
PG The Procter & Gamble Co. 0.54% 17,683 $2.7M Reduce -0.1%
AXP American Express Co. 0.51% 7,790 $2.6M No change
DELL Dell Technologies -C 0.51% 18,210 $2.6M Reduce -0.6%
HD Home Depot Inc. 0.51% 6,367 $2.6M No change
NKE Nike Inc. Class B 0.50% 36,370 $2.5M Add +2.8%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.50% 22,047 $2.5M Reduce -1.5%
UBER Uber Technologies Inc. 0.49% 25,075 $2.5M Reduce -4.1%
ASML ASML Holding NV-NY Reg SHS 0.47% 2,453 $2.4M Reduce -2.0%
FDX FedEx Corp. 0.47% 10,036 $2.4M Reduce -0.3%
BSV Vanguard Short-Term Bond ETF 0.46% 29,726 $2.3M Reduce -0.8%
FLR Fluor Corp. 0.46% 55,362 $2.3M Reduce -0.7%
KMB Kimberly-Clark Corp. 0.46% 18,731 $2.3M Add +0.0%
GOOGL Alphabet Inc. Class A 0.46% 9,510 $2.3M No change
PNC PNC Financial Services Group 0.43% 10,895 $2.2M No change
BMY Bristol-Myers Squibb Co. 0.42% 47,434 $2.1M Reduce -16.5%
ABBV Abbvie Inc. 0.42% 9,183 $2.1M No change
BCD Abrdn Bloomberg All Commodit filed as ABRDN ETFS 0.42% 61,498 $2.1M Add +8.4%
ORCL Oracle Corp. 0.41% 7,328 $2.1M Reduce -2.9%
MPC Marathon Petroleum Corp. 0.40% 10,575 $2.0M No change
VLO Valero Energy Corp. 0.40% 11,855 $2.0M Add +0.0%
A Agilent Technologies Inc. 0.39% 15,204 $2.0M Add +22.5%
NXPI NXP Semiconductors NV 0.37% 8,180 $1.9M No change
VEU Vanguard Ftse All-World Ex-U 0.36% 25,714 $1.8M Add +0.1%
BRKR Bruker Corp. 0.36% 56,085 $1.8M No change
CTRA Coterra Energy Inc. 0.36% 76,272 $1.8M Reduce -1.5%
DD Dupont DE Nemours Inc. 0.36% 23,075 $1.8M Reduce -1.4%
MRVL Marvell Technology Inc. 0.35% 21,070 $1.8M New
NVDA Nvidia Corp. 0.34% 9,155 $1.7M Reduce -15.3%
AMGN Amgen Inc. 0.34% 6,052 $1.7M No change
FLS Flowserve Corp. 0.33% 31,505 $1.7M No change
AMD Advanced Micro Devices 0.32% 9,865 $1.6M Reduce -1.0%
ETN Eaton Corp. PLC 0.31% 4,238 $1.6M No change
WAB Wabtec Corp. 0.31% 7,815 $1.6M Reduce -0.6%
LEN Lennar Corp. Class A 0.31% 12,424 $1.6M Add +0.0%
META Meta Platforms Inc. Class A 0.31% 2,120 $1.6M No change
BIV Vanguard Intermediate-Term B 0.30% 19,633 $1.5M Add +0.1%
ADP Automatic Data Processing 0.29% 5,046 $1.5M No change
WM Waste Management Inc. 0.29% 6,598 $1.5M No change
PFE Pfizer Inc. 0.29% 57,157 $1.5M Reduce -2.6%
WWD Woodward Inc. 0.28% 5,663 $1.4M No change
NTR Nutrien Ltd. 0.28% 24,150 $1.4M Reduce -1.2%
UNP Union Pacific Corp. 0.28% 5,975 $1.4M Add +97.8%
TDY Teledyne Technologies Inc. 0.28% 2,397 $1.4M No change
FCX Freeport-McMoran Inc. 0.27% 34,404 $1.3M Add +0.7%
MCD McDonald's Corp. 0.26% 4,384 $1.3M No change
VCIT Vanguard Int-Term Corporate 0.26% 15,792 $1.3M Add +11.8%
VZ Verizon Communications Inc. 0.26% 30,144 $1.3M Reduce -26.0%
COLB Columbia Banking System Inc. 0.26% 51,061 $1.3M Add +1.1%
CVS CVS Health Corp. 0.26% 17,355 $1.3M Reduce -9.2%
STX Seagate Technology Holdings 0.25% 5,375 $1.3M Reduce -6.7%
FSLR First Solar Inc. 0.25% 5,743 $1.3M No change
KEYS Keysight Technologies Inc. 0.23% 6,717 $1.2M No change
HON Honeywell International Inc. 0.23% 5,461 $1.1M No change
SPXC SPX Technologies Inc. 0.22% 6,000 $1.1M No change
GD General Dynamics Corp. 0.22% 3,273 $1.1M Reduce -1.5%
SCHB Schwab US Broad Market ETF 0.21% 42,246 $1.1M Add +0.1%
SCHA Schwab US Small-Cap ETF 0.21% 38,231 $1.1M Reduce -0.8%
MOTI Vaneck Mstar Int Moat ETF 0.21% 28,333 $1.1M Add +14.4%
VTIP Vanguard Short-Term Tips 0.19% 18,904 $957K Add +4.7%
AIR Aar Corp. 0.18% 10,365 $929K No change
NVO Novo-Nordisk A/S-Spons ADR 0.18% 16,540 $918K New
ILMN Illumina Inc. 0.17% 9,040 $859K Add +0.2%
TSM Taiwan Semiconductor-SP ADR 0.16% 2,980 $832K Add +4.4%
UPS United Parcel Service Class B 0.16% 9,888 $826K Reduce -32.1%
SBUX Starbucks Corp. 0.16% 9,579 $810K Reduce -3.3%
WMT Walmart Inc. 0.16% 7,817 $806K Reduce -0.2%
DDOG Datadog Inc. Class A 0.16% 5,584 $795K No change
APD Air Products & Chemicals Inc. 0.15% 2,788 $760K No change
WY Weyerhaeuser Co. 0.15% 30,496 $756K Add +2.3%
MKC McCormick & Co.-Non VTG SHRS 0.15% 11,145 $746K Add +139.9%
PFUPX PIMCO Intl BND Unhdg-I2 0.14% 91,326 $720K Add +9.6%
FTI Technipfmc PLC 0.14% 18,000 $710K Add +15.4%
DXJ Wisdomtree Japan Hedged Eq 0.14% 5,530 $708K Add +0.1%
VGT Vanguard Info Tech ETF 0.14% 918 $685K No change
VOO Vanguard S&P 500 ETF 0.13% 1,103 $676K New
WAT Waters Corp. 0.13% 2,250 $675K No change
CAT Caterpillar Inc. 0.13% 1,386 $661K Add +0.1%
IWM iShares Russell 2000 ETF 0.13% 2,652 $642K Reduce -1.8%
UL Unilever PLC 0.13% 10,762 $638K Reduce -1.8%
GBX Greenbrier Companies Inc. 0.12% 13,500 $623K Add +8.0%
XSOE Wisdmtree Emerg MKT Ex-St Ow 0.12% 16,245 $616K Reduce -0.9%
FNPFX Amer FNDS New Perspect-F3 filed as AMERICAN FUNDS NEW PERSP ECTIV 0.12% 8,273 $610K Add +34.0%
CL Colgate-Palmolive Co. 0.12% 7,600 $608K No change
GBIL Goldman Sachs Access Treasur 0.12% 5,956 $597K Reduce -2.1%
FNDX Schwab Fndmntl US LRG Co. ETF 0.12% 22,372 $588K Add +5.3%
CBT Cabot Corp. 0.11% 7,500 $570K No change
ABT Abbott Laboratories 0.11% 4,246 $569K Reduce -1.4%
IVW iShares S&P 500 Growth ETF 0.11% 4,659 $562K Add +0.0%
VIG Vanguard Dividend Apprec ETF 0.11% 2,590 $559K Add +0.0%
GEM Goldman Sachs Activebeta Em 0.11% 13,629 $555K Add +129.6%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.11% 1,865 $548K No change
GIS General Mills Inc. 0.10% 10,530 $531K Reduce -0.9%
FXAIX Fidelity 500 Index Fund 0.10% 2,276 $530K Add +79.6%
GLD SPDR Gold Shares 0.10% 1,455 $517K No change
BLK BlackRock Finance Inc. 0.10% 443 $516K No change
WFC Wells Fargo & Co. 0.10% 6,116 $513K Reduce -2.4%
AMAT Applied Materials Inc. 0.10% 2,471 $506K Reduce -0.8%
TMO Thermo Fisher Scientific Inc. 0.10% 1,020 $495K Add +5.2%
CMCSA Comcast Corp. Class A 0.10% 15,736 $494K Add +0.1%
HFWA Heritage Financial Corp. 0.10% 20,311 $491K Add +0.0%
SAP Sap SE-Sponsored ADR 0.09% 1,795 $480K New
ABNB Airbnb Inc. Class A 0.09% 3,815 $463K Reduce -0.7%
SPSM SS SPDR P S&P 600 Small Cap 0.09% 9,762 $452K Add +5.5%
KMPR Kemper Corp. 0.09% 8,688 $448K No change
USB US Bancorp 0.09% 9,032 $437K No change
SCHY Schwab International DVD ETF 0.09% 15,449 $432K New
CSCO Cisco Systems Inc. 0.08% 6,265 $429K Reduce -0.6%
ITOT iShares Core S&P Total U.S. 0.08% 2,926 $426K No change
TSLA Tesla Inc. 0.08% 942 $419K No change
SCHP Schwab U.S. Tips ETF 0.08% 15,452 $416K Reduce -3.5%
CARR Carrier Global Corp. 0.08% 6,901 $412K No change
FNDA Schwab Fndmntl US SM Co. ETF 0.08% 12,623 $393K Add +0.0%
PRU Prudential Financial Inc. 0.08% 3,680 $382K No change
EQT Eqt Corp. 0.07% 6,944 $378K Add +60.2%
SCHV Schwab US Large-Cap Value 0.07% 12,686 $369K Reduce -1.5%
ENB Enbridge Inc. 0.07% 7,084 $357K Reduce -0.3%
DVY iShares Select Dividend ETF 0.07% 2,500 $355K No change
NFLX Netflix Inc. 0.07% 296 $355K Reduce -7.8%
QQQ Invesco QQQ Trust Series 1 0.07% 565 $339K No change
VTRS Viatris Inc. 0.07% 34,204 $339K No change
WMB Williams Cos Inc. 0.07% 5,232 $331K Add +0.0%
CTVA Corteva Inc. 0.06% 4,832 $327K Add +0.0%
VTI VG Morningstar TS MKT ETF-US 0.06% 964 $316K No change
BHPLF BHP Group Ltd. 0.06% 10,921 $308K No change
SCHF Schwab Intl Equity ETF 0.06% 13,195 $307K Add +0.2%
AVAV Aerovironment Inc. 0.06% 931 $293K New
ESGV Vanguard ESG US Stock ETF 0.06% 2,390 $283K Add +0.0%
LNG Cheniere Energy Inc. 0.06% 1,200 $282K No change
NEE Nextera Energy Inc. 0.05% 3,630 $274K No change
BKNG Booking Holdings Inc. 0.05% 49 $265K No change
IJH iShares Core S&P Midcap ETF 0.05% 4,048 $264K Add +2.3%
CRM Salesforce Inc. 0.05% 1,090 $258K No change
AMRZ Amrize Ltd. 0.05% 5,300 $257K New
ADI Analog Devices Inc. 0.05% 1,040 $256K No change
OTIS Otis Worldwide Corp. 0.05% 2,650 $242K No change
GSSC Goldman Sachs Activebeta US 0.05% 3,224 $241K New
VUG Vanguard Mrngstar GR ETF-Sui 0.05% 487 $234K No change
ISRG Intuitive Surgical Inc. 0.05% 521 $233K No change
INTC Intel Corp. 0.04% 6,603 $222K New
ALC Alcon Inc. filed as ALCON AG 0.04% 2,952 $220K No change
KMI Kinder Morgan Inc. 0.04% 7,671 $217K Add +0.0%
CBRE CBRE Group Inc. Class A 0.04% 1,376 $217K New
CFIHX Amer FNDS Cap Inc. BLDR-F3 0.04% 2,723 $215K Add +0.0%
K Kellanova 0.04% 2,616 $215K Add +0.0%
GLW Corning Inc. 0.04% 2,562 $210K New
ZS Zscaler Inc. 0.04% 691 $207K Add +3.0%
TXN Texas Instruments Inc. 0.04% 1,123 $206K No change
AIVL Wisdomtree US AI Enhanced Va 0.04% 1,795 $205K Reduce -1.4%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.04% 660 $204K No change
XLE SS Energy Select Sector 0.04% 2,286 $204K New
ERIC Ericsson (lm) Tel-SP ADR filed as TELEFONAKTIEBOLAGET LM ERICS 0.04% 22,300 $184K No change
BCOIX Baird Core Plus Bond-Inst 0.02% 11,374 $117K Add +0.0%
SHTLF SOUTH32 Ltd. 0.00% 10,921 $20K No change
NUGENE INTL INC 0.00% 1,500,000 $5K No change
Other holdings (4): bonds, preferreds, convertibles and warrants · $2.5M (not counted above)
SecurityClassShares / PrincipalValueChange
BANK OF AMERICA CORP (BAC F PERP +4) COM 41,034$861KNo change
US BANCORP (USB F PERP B*) COM 36,517$715KAdd +0.0%
DUKE ENERGY CORP (DUK 5.75 PERP A) Common Stock 20,550$514KReduce -2.4%
CHARLES SCHWAB CORP (SCHW 5.95 PERP D) Common Stock 16,503$413KAdd +0.6%

Total filed on the 13F, all lines: $508.6M.

Portfolio Sells Q2 2025 → Q3 2025
DE Deere & Co. Reduce -0.1% 2.29% −0.47
PM Philip Morris International Reduce -2.1% 1.37% −0.33
COST Costco Wholesale Corp. Reduce -0.1% 2.03% −0.32
MSFT Microsoft Corp. Reduce -0.6% 6.03% −0.27
AMZN Amazon.com Inc. Reduce -1.1% 1.73% −0.16
UPS United Parcel Service Class B Reduce -32.1% 0.16% −0.15
FLR Fluor Corp. Reduce -0.7% 0.46% −0.15
BMY Bristol-Myers Squibb Co. Reduce -16.5% 0.42% −0.14
NSRGY Nestle SA-Spons ADR Reduce -0.6% 0.75% −0.13
VZ Verizon Communications Inc. Reduce -26.0% 0.26% −0.11
KO The Coca-Cola Co. Reduce -0.8% 0.63% −0.10
DIS The Walt Disney Co. Reduce -1.5% 0.50% −0.09
MRK Merck & Co. Inc. Reduce -7.8% 0.86% −0.09
PCAR Paccar Inc. Reduce -0.3% 1.87% −0.09
PG The Procter & Gamble Co. Reduce -0.1% 0.54% −0.07
CTRA Coterra Energy Inc. Reduce -1.5% 0.36% −0.06
GEHC GE Healthcare Technology Reduce -0.8% 0.75% −0.06
BRK.B Berkshire Hathaway Inc. Class B Reduce -0.6% 0.96% −0.05
DVN Devon Energy Corp. Sold out 0.00% −0.05
VRTX Vertex Pharmaceuticals Inc. Sold out 0.00% −0.05
AMP Ameriprise Financial Inc. Sold out 0.00% −0.05
NVS Novartis AG-Sponsored ADR Reduce -0.8% 1.62% −0.04
SMR Nuscale Power Corp. Sold out 0.00% −0.04
WAB Wabtec Corp. Reduce -0.6% 0.31% −0.04
BSV Vanguard Short-Term Bond ETF Reduce -0.8% 0.46% −0.04
SLB SLB Ltd. Reduce -0.6% 0.57% −0.04
MMM 3M Co. Reduce -0.4% 0.58% −0.04
UBER Uber Technologies Inc. Reduce -4.1% 0.49% −0.04
SBUX Starbucks Corp. Reduce -3.3% 0.16% −0.03
SCHW Schwab (charles) Corp. Reduce -0.8% 0.79% −0.03
PWR Quanta Services Inc. Reduce -2.7% 2.23% −0.03
NVDA Nvidia Corp. Reduce -15.3% 0.34% −0.03
NTR Nutrien Ltd. Reduce -1.2% 0.28% −0.02
CVS CVS Health Corp. Reduce -9.2% 0.26% −0.02
NFLX Netflix Inc. Reduce -7.8% 0.07% −0.02
FDX FedEx Corp. Reduce -0.3% 0.47% −0.02
UL Unilever PLC Reduce -1.8% 0.13% −0.02
ABNB Airbnb Inc. Class A Reduce -0.7% 0.09% −0.02
PFE Pfizer Inc. Reduce -2.6% 0.29% −0.02
JPM JPMorgan Chase & Co. Reduce -1.1% 3.42% −0.01
ABT Abbott Laboratories Reduce -1.4% 0.11% −0.01
GIS General Mills Inc. Reduce -0.9% 0.10% −0.01
SPY SS SPDR S&P 500 ETF Trust-US Reduce -1.1% 0.88% −0.01
GBIL Goldman Sachs Access Treasur Reduce -2.1% 0.12% −0.01
SCHP Schwab U.S. Tips ETF Reduce -3.5% 0.08% −0.01
CSCO Cisco Systems Inc. Reduce -0.6% 0.08% −0.01
CVX Chevron Corp. Reduce -0.5% 2.80% −0.01
WFC Wells Fargo & Co. Reduce -2.4% 0.10% −0.01
WMT Walmart Inc. Reduce -0.2% 0.16% −0.00
AIVL Wisdomtree US AI Enhanced Va Reduce -1.4% 0.04% −0.00

Portfolio Buys Q2 2025 → Q3 2025
CLX Clorox Company Add +138.1% 0.84% +0.47
MRVL Marvell Technology Inc. New 0.35% +0.35
AZN Astrazeneca PLC-Spons ADR Add +19.2% 1.32% +0.23
NVO Novo-Nordisk A/S-Spons ADR New 0.18% +0.18
VOO Vanguard S&P 500 ETF New 0.13% +0.13
UNP Union Pacific Corp. Add +97.8% 0.28% +0.13
CMI Cummins Inc. Add +7.6% 0.54% +0.12
SAP Sap SE-Sponsored ADR New 0.09% +0.09
SCHY Schwab International DVD ETF New 0.09% +0.09
IAU iShares Gold Trust Add +0.8% 0.99% +0.08
A Agilent Technologies Inc. Add +22.5% 0.39% +0.07
MKC McCormick & Co.-Non VTG SHRS Add +139.9% 0.15% +0.07
GEM Goldman Sachs Activebeta Em Add +129.6% 0.11% +0.06
VLO Valero Energy Corp. Add +0.0% 0.40% +0.06
AVAV Aerovironment Inc. New 0.06% +0.06
HSY The Hershey Co. Add +2.5% 0.85% +0.05
AMRZ Amrize Ltd. New 0.05% +0.05
GSSC Goldman Sachs Activebeta US New 0.05% +0.05
FXAIX Fidelity 500 Index Fund Add +79.6% 0.10% +0.05
INTC Intel Corp. New 0.04% +0.04
CBRE CBRE Group Inc. Class A New 0.04% +0.04
GLW Corning Inc. New 0.04% +0.04
XLE SS Energy Select Sector New 0.04% +0.04
SCHD Schwab US DVD Equity ETF Add +12.2% 0.60% +0.04
PEP Pepsico Inc. Add +4.6% 1.04% +0.03
FNPFX Amer FNDS New Perspect-F3 Add +34.0% 0.12% +0.03
MOAT Vaneck Morningstar Wide Moat Add +4.7% 1.14% +0.03
TSM Taiwan Semiconductor-SP ADR Add +4.4% 0.16% +0.03
FTI Technipfmc PLC Add +15.4% 0.14% +0.03
MOTI Vaneck Mstar Int Moat ETF Add +14.4% 0.21% +0.02
MDT Medtronic PLC Add +0.2% 1.73% +0.02
EQT Eqt Corp. Add +60.2% 0.07% +0.02
BA The Boeing Co. Add +7.2% 0.84% +0.02
BCD Abrdn Bloomberg All Commodit Add +8.4% 0.42% +0.02
LEN Lennar Corp. Class A Add +0.0% 0.31% +0.02
CAT Caterpillar Inc. Add +0.1% 0.13% +0.02
TMO Thermo Fisher Scientific Inc. Add +5.2% 0.10% +0.01
VCIT Vanguard Int-Term Corporate Add +11.8% 0.26% +0.01
SCHX Schwab US Large-Cap ETF Add +1.4% 1.04% +0.01
COLB Columbia Banking System Inc. Add +1.1% 0.26% +0.01
GSLC Goldman Activebeta US LC ETF Add +1.6% 0.71% +0.01
SPSM SS SPDR P S&P 600 Small Cap Add +5.5% 0.09% +0.01
DXJ Wisdomtree Japan Hedged Eq Add +0.1% 0.14% +0.01
FNDX Schwab Fndmntl US LRG Co. ETF Add +5.3% 0.12% +0.00
IVW iShares S&P 500 Growth ETF Add +0.0% 0.11% +0.00
FNDA Schwab Fndmntl US SM Co. ETF Add +0.0% 0.08% +0.00
GBX Greenbrier Companies Inc. Add +8.0% 0.12% +0.00
ESGV Vanguard ESG US Stock ETF Add +0.0% 0.06% 0.00
SCHB Schwab US Broad Market ETF Add +0.1% 0.21% −0.00
IJH iShares Core S&P Midcap ETF Add +2.3% 0.05% −0.00

Notes & Other Activity Q2 2025 → Q3 2025
US BANCORP (USB F PERP B*) COM Add +0.0% 36,517 $715K
DUKE ENERGY CORP (DUK 5.75 PERP A) Common Stock Reduce -2.4% 20,550 $514K
CHARLES SCHWAB CORP (SCHW 5.95 PERP D) Common Stock Add +0.6% 16,503 $413K

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