Vision Capital Management, Inc.

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 24, 2026), Vision Capital Management, Inc. reported 150 stock positions worth $791.9 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 9.6% of the portfolio, followed by Vanguard Ftse Developed ETF (VEA, 9.4%) and Apple (AAPL, 7.2%). Compared with Q4 2025, it opened 6 new positions, sold out of 3, added to 42 and reduced 59. The biggest buy was Vanguard Ftse Emerging Marke (VWO, shares +4%) and the biggest sale iShares Gold Trust (IAU, shares −21%).

Most Recent 13F
Q2 2026
Location
PORTLAND, OR
CIK
0001417889
Portfolio Value
$791.9M (Q1 2026)
SEC Filing
0001417889-26-000002 ↗ filed Apr 24, 2026

Holdings Value

0$200.0M$400.0M$600.0M$800.0M$1.0B Q1 2024: $670.4M Q1 2024 Q2 2024: $672.2M Q2 2024 Q3 2024: $709.4M Q3 2024 Q4 2024: $680.5M Q4 2024 Q1 2025: $693.8M Q1 2025 Q2 2025: $761.0M Q2 2025 Q3 2025: $810.6M Q3 2025 Q4 2025: $829.5M Q4 2025 Q1 2026: $791.9M $791.9M Q1 2026 Q2 2026: $875.9M Q2 2026

Holdings 150 stocks · $791.9M
IVV iShares Core S&P 500 ETF 9.57% 116,007 $75.8M Add +1.0%
VEA Vanguard Ftse Developed ETF 9.37% 1,157,964 $74.2M Reduce -0.3%
AAPL Apple Inc. 7.19% 224,435 $57.0M Reduce -1.5%
IJR iShares Core S&P Small-Cap E 5.71% 363,977 $45.2M Reduce -11.2%
GOOGL Alphabet Inc. Class A 4.39% 120,855 $34.8M Add +0.3%
VWO Vanguard Ftse Emerging Marke 4.37% 640,590 $34.6M Add +3.9%
IAU iShares Gold Trust 3.36% 301,595 $26.6M Reduce -21.1%
VBK Van Morst SML-Cap Gro-Usd Inc. 3.32% 86,956 $26.3M Reduce -6.2%
MSFT Microsoft Corp. 3.01% 64,429 $23.8M Add +6.4%
AMZN Amazon.com Inc. 2.68% 101,906 $21.2M Add +3.7%
IDEV iShares Core MSCI Dev MKTS 2.54% 241,135 $20.2M Reduce -0.8%
LQD Ishr Ibx Usd Invgd CB ETF-Ui 2.40% 174,720 $19.0M Add +2.1%
NVDA Nvidia Corp. 2.37% 107,704 $18.8M Add +0.4%
V Visa Inc. Class A 1.85% 48,452 $14.6M Add +0.2%
COST Costco Wholesale Corp. 1.68% 13,318 $13.3M Reduce -0.1%
JNJ Johnson & Johnson 1.57% 50,861 $12.4M Reduce -10.1%
SCHF Schwab Intl Equity ETF 1.36% 433,859 $10.7M Reduce -1.2%
SHW The Sherwin-Williams Co. 1.35% 33,382 $10.7M Reduce -0.1%
AMGN Amgen Inc. 1.28% 28,702 $10.1M Reduce -0.3%
HON Honeywell International Inc. 1.07% 37,590 $8.5M Add +0.4%
SBUX Starbucks Corp. 1.03% 90,713 $8.1M Add +1.9%
IJH iShares Core S&P Midcap ETF 0.97% 113,692 $7.7M Reduce -30.0%
UHAL.B U-Haul Holding Co.-Non Voting 0.89% 157,141 $7.0M Add +0.1%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.81% 66,187 $6.4M Add +14.5%
WSO Watsco Inc. 0.80% 17,490 $6.4M Add +0.1%
SPYV SS SPDR P S&P 500 Value ETF 0.80% 112,049 $6.3M Add +3.0%
BR Broadridge Financial Solutio 0.78% 37,898 $6.2M Add +0.4%
QCOM Qualcomm Inc. 0.78% 47,814 $6.2M Add +5.4%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.77% 124,630 $6.1M Add +18.8%
SPEM State Street SP PTF Em ETF 0.73% 123,110 $5.8M Reduce -0.7%
SLB SLB Ltd. filed as SLB LIMITED 0.72% 110,182 $5.7M Reduce -10.0%
SNA Snap-on Inc. 0.71% 15,400 $5.6M Reduce -11.3%
LLY Eli Lilly & Co. 0.69% 5,924 $5.4M No change
NEE Nextera Energy Inc. 0.67% 57,315 $5.3M Reduce -0.5%
CRM Salesforce Inc. 0.66% 27,995 $5.2M Add +15.6%
PGR Progressive Corp. 0.64% 25,459 $5.0M Add +0.8%
VOO Vanguard S&P 500 ETF 0.63% 8,329 $5.0M Reduce -0.8%
IQV Iqvia Holdings Inc. 0.60% 27,970 $4.8M Reduce -0.1%
ZTS Zoetis Inc. 0.52% 34,861 $4.1M Add +3.2%
WMS Advanced Drainage Systems Inc. 0.51% 29,639 $4.1M Add +2.1%
UPS United Parcel Service Class B 0.50% 40,136 $3.9M Add +2.0%
IWP iShares Russell Mid-Cap Grow 0.49% 30,582 $3.9M Reduce -0.6%
PANW Palo Alto Networks Inc. 0.49% 24,199 $3.9M Reduce -13.4%
IEI iShares 3-7 Year Treasury Bo 0.47% 31,419 $3.7M Add +5.6%
CVS CVS Health Corp. 0.44% 48,713 $3.5M Add +2.0%
AMAT Applied Materials Inc. 0.42% 9,620 $3.3M Add +0.0%
IWM iShares Russell 2000 ETF 0.41% 13,157 $3.3M Reduce -1.9%
ESGD iShares Trust iShares ESG Aw 0.40% 33,498 $3.2M Reduce -2.3%
SCHA Schwab US Small-Cap ETF 0.40% 108,954 $3.2M Reduce -0.7%
VRTX Vertex Pharmaceuticals Inc. 0.38% 6,699 $3.0M Add +1.6%
WSM Williams-Sonoma Inc. 0.36% 15,597 $2.8M Reduce -0.4%
ESML iShares ESG Aware MSCI USA S 0.36% 60,406 $2.8M Reduce -16.2%
CHRW C.H. Robinson Worldwide Inc. 0.32% 15,109 $2.5M Reduce -2.1%
JPM JPMorgan Chase & Co. 0.32% 8,483 $2.5M Reduce -0.0%
LOW Lowe's Cos Inc. 0.30% 10,076 $2.4M Reduce -1.1%
META Meta Platforms Inc. Class A 0.30% 4,155 $2.4M Add +3.7%
IWB iShares Russell 1000 ETF 0.28% 6,146 $2.2M No change
COF Capital One Financial Corp. 0.27% 11,760 $2.1M Reduce -1.1%
DINO HF Sinclair Corp. 0.26% 33,138 $2.1M Reduce -2.0%
ESGU iShares ESG Aware MSCI USA 0.26% 14,404 $2.0M Reduce -1.6%
NVR NVR Inc. 0.25% 303 $2.0M Reduce -1.6%
VTWO Vanguard Russell 2000 ETF 0.25% 19,914 $2.0M Reduce -21.4%
SCHM Schwab US Mid Cap ETF 0.23% 59,514 $1.8M No change
SCHX Schwab US Large-Cap ETF 0.22% 66,614 $1.7M Reduce -0.1%
QUAL iShares MSCI USA Quality Fac 0.21% 8,479 $1.6M Reduce -0.7%
CVLT Commvault Systems Inc. 0.20% 20,367 $1.6M Add +1.1%
USB US Bancorp 0.20% 30,325 $1.6M Reduce -4.6%
AVGO Broadcom Inc. 0.19% 4,909 $1.5M Add +1.7%
NKE Nike Inc. Class B 0.18% 27,083 $1.4M Reduce -2.0%
PINS Pinterest Inc. Class A 0.17% 75,027 $1.4M Reduce -2.7%
VBIL Vanguard 0-3M T-Bill ETF 0.17% 18,046 $1.4M Add +72.2%
KMX Carmax Inc. 0.17% 31,850 $1.3M Add +0.7%
GOOG Alphabet Inc. Class C 0.16% 4,399 $1.3M Reduce -0.1%
VLUE iShares MSCI USA Value Facto 0.15% 8,583 $1.2M No change
CVX Chevron Corp. 0.15% 5,847 $1.2M Add +0.3%
VYM Vanguard High DVD Yield ETF 0.15% 8,112 $1.2M Reduce -0.7%
ESGE iShares Inc. iShares ESG Awar 0.15% 26,051 $1.2M Reduce -0.9%
ADBE Adobe Inc. 0.15% 4,839 $1.2M Reduce -14.8%
TFSL TFS Financial Corp. 0.14% 80,055 $1.1M Reduce -11.4%
NFLX Netflix Inc. 0.14% 11,669 $1.1M New
SUSC iShares ESG Aware Usd Corpor 0.14% 46,629 $1.1M Add +1.1%
WMT Walmart Inc. 0.12% 7,468 $928K No change
IVLU iShares MSCI International V 0.12% 23,305 $925K No change
VTI VG Morningstar TS MKT ETF-US 0.11% 2,785 $893K Add +1.5%
VUG Vanguard Mrngstar GR ETF-Sui 0.11% 1,988 $868K Add +0.5%
HD Home Depot Inc. 0.11% 2,578 $848K No change
SYY Sysco Corp. 0.10% 11,313 $807K Reduce -0.6%
BRK.B Berkshire Hathaway Inc. Class B 0.09% 1,554 $745K No change
VCIT Vanguard Int-Term Corporate 0.08% 7,789 $645K Reduce -0.8%
WM Waste Management Inc. 0.08% 2,802 $644K Reduce -0.1%
ILCG iShares Morningstar Growth E 0.08% 6,740 $644K No change
FFIV F5 Inc. 0.08% 2,194 $635K No change
ACN Accenture PLC Class A 0.08% 3,199 $634K Reduce -6.1%
DFIV Dimensional International Va 0.08% 11,513 $608K No change
INTC Intel Corp. 0.07% 13,309 $587K Reduce -1.0%
SPY SS SPDR S&P 500 ETF Trust-US 0.07% 869 $565K Add +16.0%
CAT Caterpillar Inc. 0.07% 773 $548K No change
AMD Advanced Micro Devices 0.07% 2,663 $542K No change
TSLA Tesla Inc. 0.07% 1,445 $537K No change
MOAT Vaneck Morningstar Wide Moat 0.07% 5,453 $527K No change
MAR Marriott International Class A 0.07% 1,592 $521K No change
ADP Automatic Data Processing 0.07% 2,546 $517K Reduce -0.2%
PYPL PayPal Holdings Inc. 0.06% 10,795 $488K Reduce -20.3%
VB Vanguard Most SM-Cap ETF-Usd 0.06% 1,851 $485K Add +0.2%
DVY iShares Select Dividend ETF 0.06% 3,175 $481K Add +2.5%
TXN Texas Instruments Inc. 0.06% 2,463 $478K Reduce -3.0%
KO The Coca-Cola Co. 0.06% 6,217 $473K No change
DHR Danaher Corp. 0.06% 2,491 $472K No change
CSCO Cisco Systems Inc. 0.06% 6,072 $471K Reduce -4.1%
PEP Pepsico Inc. 0.05% 2,799 $435K Add +27.0%
MA Mastercard Inc. Class A 0.05% 869 $434K No change
ABBV Abbvie Inc. 0.05% 1,965 $427K No change
IWF iShares Russell 1000 Growth 0.05% 977 $417K No change
VEU Vanguard Ftse All-World Ex-U 0.05% 5,105 $383K No change
APD Air Products & Chemicals Inc. 0.05% 1,275 $370K Reduce -0.1%
PG The Procter & Gamble Co. 0.05% 2,500 $361K Reduce -10.2%
DFAT Dimensional US Target Value 0.04% 5,699 $356K No change
MCD McDonald's Corp. 0.04% 1,130 $351K No change
ECL Ecolab Inc. 0.04% 1,250 $333K Reduce -0.1%
CEG Constellation Energy 0.04% 1,134 $317K No change
XOM Exxon Mobil Corp. 0.04% 1,861 $316K Add +9.5%
UNP Union Pacific Corp. 0.04% 1,269 $308K New
TRV The Travelers Cos Inc. 0.04% 1,013 $295K No change
CL Colgate-Palmolive Co. 0.04% 3,438 $293K No change
QQQ Invesco QQQ Trust Series 1 0.04% 504 $291K No change
GILD Gilead Sciences Inc. 0.03% 1,982 $276K Reduce -2.2%
CRWD CrowdStrike Holdings Inc. Class A 0.03% 701 $274K No change
IEFA iShares Core MSCI Eafe ETF 0.03% 3,015 $273K No change
USMV iShares MSCI USA Min Vol Fac 0.03% 2,908 $270K No change
LMT Lockheed Martin Corp. 0.03% 444 $268K Reduce -0.2%
IBB iShares Biotechnology ETF 0.03% 1,500 $253K No change
FSLR First Solar Inc. 0.03% 1,252 $247K Add +7.2%
RTX RTX Corp. 0.03% 1,239 $239K Reduce -0.1%
JCI Johnson Controls Internation 0.03% 1,822 $239K No change
IYF iShares US Financials ETF 0.03% 1,974 $232K No change
SRE Sempra 0.03% 2,374 $231K No change
LAMR Lamar Advertising Co. Class A 0.03% 1,800 $228K No change
ORCL Oracle Corp. 0.03% 1,548 $228K No change
CLX Clorox Company 0.03% 2,176 $225K No change
AVA Avista Corp. 0.03% 5,581 $224K Add +4.2%
EIX Edison International 0.03% 3,027 $222K New
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 0.03% 3,085 $221K Reduce -8.8%
AWR American States Water Co. filed as AMER STATES WTR CO 0.03% 2,921 $221K No change
KNCT Invesco Next Gen Connectivit 0.03% 1,500 $208K No change
EXC Exelon Corp. 0.03% 4,207 $206K New
IWD iShares Russell 1000 Value E 0.03% 958 $205K No change
PH Parker Hannifin Corp. 0.03% 227 $203K New
ISRG Intuitive Surgical Inc. 0.03% 435 $201K No change
MAS Masco Corp. 0.03% 3,320 $200K No change
LH Labcorp Holdings Inc. 0.03% 750 $200K New

Portfolio Sells Q4 2025 → Q1 2026
IAU iShares Gold Trust Reduce -21.1% 3.36% −0.38
IJH iShares Core S&P Midcap ETF Reduce -30.0% 0.97% −0.32
AAPL Apple Inc. Reduce -1.5% 7.19% −0.28
IJR iShares Core S&P Small-Cap E Reduce -11.2% 5.71% −0.22
IQV Iqvia Holdings Inc. Reduce -0.1% 0.60% −0.16
PANW Palo Alto Networks Inc. Reduce -13.4% 0.49% −0.13
ADBE Adobe Inc. Reduce -14.8% 0.15% −0.09
COF Capital One Financial Corp. Reduce -1.1% 0.27% −0.08
PINS Pinterest Inc. Class A Reduce -2.7% 0.17% −0.07
VBK Van Morst SML-Cap Gro-Usd Inc. Reduce -6.2% 3.32% −0.06
VTWO Vanguard Russell 2000 ETF Reduce -21.4% 0.25% −0.05
ESML iShares ESG Aware MSCI USA S Reduce -16.2% 0.36% −0.04
PYPL PayPal Holdings Inc. Reduce -20.3% 0.06% −0.03
NKE Nike Inc. Class B Reduce -2.0% 0.18% −0.03
ACN Accenture PLC Class A Reduce -6.1% 0.08% −0.03
SHOP Shopify Inc. Class A Sold out 0.00% −0.03
AXP American Express Co. Sold out 0.00% −0.03
BLK BlackRock Inc. Sold out 0.00% −0.03
NVR NVR Inc. Reduce -1.6% 0.25% −0.02
EL Estee Lauder Companies Class A Reduce -8.8% 0.03% −0.01
SNA Snap-on Inc. Reduce -11.3% 0.71% −0.01
JPM JPMorgan Chase & Co. Reduce -0.0% 0.32% −0.01
ADP Automatic Data Processing Reduce -0.2% 0.07% −0.01
IWP iShares Russell Mid-Cap Grow Reduce -0.6% 0.49% −0.01
GOOG Alphabet Inc. Class C Reduce -0.1% 0.16% −0.01
VOO Vanguard S&P 500 ETF Reduce -0.8% 0.63% −0.01
ESGU iShares ESG Aware MSCI USA Reduce -1.6% 0.26% −0.01
USB US Bancorp Reduce -4.6% 0.20% −0.01
TFSL TFS Financial Corp. Reduce -11.4% 0.14% −0.00
PG The Procter & Gamble Co. Reduce -10.2% 0.05% −0.00
SCHX Schwab US Large-Cap ETF Reduce -0.1% 0.22% −0.00
CSCO Cisco Systems Inc. Reduce -4.1% 0.06% +0.00
SYY Sysco Corp. Reduce -0.6% 0.10% +0.00
QUAL iShares MSCI USA Quality Fac Reduce -0.7% 0.21% +0.00
VCIT Vanguard Int-Term Corporate Reduce -0.8% 0.08% +0.00
ECL Ecolab Inc. Reduce -0.1% 0.04% +0.00
RTX RTX Corp. Reduce -0.1% 0.03% +0.00
LOW Lowe's Cos Inc. Reduce -1.1% 0.30% +0.00
GILD Gilead Sciences Inc. Reduce -2.2% 0.03% +0.00
WM Waste Management Inc. Reduce -0.1% 0.08% +0.01
TXN Texas Instruments Inc. Reduce -3.0% 0.06% +0.01
LMT Lockheed Martin Corp. Reduce -0.2% 0.03% +0.01
APD Air Products & Chemicals Inc. Reduce -0.1% 0.05% +0.01
ESGE iShares Inc. iShares ESG Awar Reduce -0.9% 0.15% +0.01
VYM Vanguard High DVD Yield ETF Reduce -0.7% 0.15% +0.01
ESGD iShares Trust iShares ESG Aw Reduce -2.3% 0.40% +0.01
IWM iShares Russell 2000 ETF Reduce -1.9% 0.41% +0.01
INTC Intel Corp. Reduce -1.0% 0.07% +0.01
CHRW C.H. Robinson Worldwide Inc. Reduce -2.1% 0.32% +0.02
WSM Williams-Sonoma Inc. Reduce -0.4% 0.36% +0.02

Portfolio Buys Q4 2025 → Q1 2026
VWO Vanguard Ftse Emerging Marke Add +3.9% 4.37% +0.38
HON Honeywell International Inc. Add +0.4% 1.07% +0.19
NFLX Netflix Inc. New 0.14% +0.14
LQD Ishr Ibx Usd Invgd CB ETF-Ui Add +2.1% 2.40% +0.13
SBUX Starbucks Corp. Add +1.9% 1.03% +0.12
AMAT Applied Materials Inc. Add +0.0% 0.42% +0.12
WSO Watsco Inc. Add +0.1% 0.80% +0.09
IVV iShares Core S&P 500 ETF Add +1.0% 9.57% +0.08
VBIL Vanguard 0-3M T-Bill ETF Add +72.2% 0.17% +0.08
BAC Bank of America Corp. Add +18.8% 0.77% +0.07
SPYV SS SPDR P S&P 500 Value ETF Add +3.0% 0.80% +0.06
CVX Chevron Corp. Add +0.3% 0.15% +0.05
IEI iShares 3-7 Year Treasury Bo Add +5.6% 0.47% +0.04
UNP Union Pacific Corp. New 0.04% +0.04
UPS United Parcel Service Class B Add +2.0% 0.50% +0.03
EIX Edison International New 0.03% +0.03
EXC Exelon Corp. New 0.03% +0.03
PH Parker Hannifin Corp. New 0.03% +0.03
LH Labcorp Holdings Inc. New 0.03% +0.03
KMX Carmax Inc. Add +0.7% 0.17% +0.02
VRTX Vertex Pharmaceuticals Inc. Add +1.6% 0.38% +0.02
PEP Pepsico Inc. Add +27.0% 0.05% +0.02
XOM Exxon Mobil Corp. Add +9.5% 0.04% +0.02
DIS The Walt Disney Co. Add +14.5% 0.81% +0.01
SPY SS SPDR S&P 500 ETF Trust-US Add +16.0% 0.07% +0.01
ZTS Zoetis Inc. Add +3.2% 0.52% +0.01
DVY iShares Select Dividend ETF Add +2.5% 0.06% +0.01
WMS Advanced Drainage Systems Inc. Add +2.1% 0.51% +0.01
SUSC iShares ESG Aware Usd Corpor Add +1.1% 0.14% +0.01
VB Vanguard Most SM-Cap ETF-Usd Add +0.2% 0.06% +0.00
AVA Avista Corp. Add +4.2% 0.03% +0.00
UHAL.B U-Haul Holding Co.-Non Voting Add +0.1% 0.89% +0.00
VTI VG Morningstar TS MKT ETF-US Add +1.5% 0.11% +0.00
FSLR First Solar Inc. Add +7.2% 0.03% −0.01
VUG Vanguard Mrngstar GR ETF-Sui Add +0.5% 0.11% −0.01
AVGO Broadcom Inc. Add +1.7% 0.19% −0.01
CVS CVS Health Corp. Add +2.0% 0.44% −0.01
META Meta Platforms Inc. Class A Add +3.7% 0.30% −0.02
NVDA Nvidia Corp. Add +0.4% 2.37% −0.04
AMZN Amazon.com Inc. Add +3.7% 2.68% −0.05
PGR Progressive Corp. Add +0.8% 0.64% −0.06
CVLT Commvault Systems Inc. Add +1.1% 0.20% −0.10
CRM Salesforce Inc. Add +15.6% 0.66% −0.11
QCOM Qualcomm Inc. Add +5.4% 0.78% −0.16
GOOGL Alphabet Inc. Class A Add +0.3% 4.39% −0.16
V Visa Inc. Class A Add +0.2% 1.85% −0.20
BR Broadridge Financial Solutio Add +0.4% 0.78% −0.24
MSFT Microsoft Corp. Add +6.4% 3.01% −0.52

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 156$875.9MIVV, VEA, AAPL, IJR, GOOGL
Q1 2026 150$791.9MIVV, VEA, AAPL, IJR, GOOGL
Q4 2025 147$829.5MIVV, VEA, AAPL, IJR, GOOGL
Q3 2025 145$810.6MIVV, VEA, AAPL, IJR, VWO
Q2 2025 140$761.0MIVV, VEA, AAPL, IJR, MSFT
Q1 2025 135$693.8MIVV, VEA, AAPL, IJR, VBK
Q4 2024 131$680.5MIVV, AAPL, VEA, VBK, IJR
Q3 2024 127$709.4MIVV, VEA, AAPL, MSFT, VBK
Q2 2024 122$672.2MIVV, VEA, AAPL, MSFT, VBK
Q1 2024 120$670.4MIVV, VEA, AAPL, MSFT, IJR