Washington Capital Management, Inc.

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 12, 2024), Washington Capital Management, Inc. reported 104 stock positions worth $123.1 million. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 17.3% of the portfolio, followed by SS SPDR Dow Jones Indus Avg (DIA, 6.3%) and SS SPDR S&P 500 ETF Trust-US (SPY, 6.2%). Compared with Q4 2023, it opened 14 new positions, sold out of 12, added to 15 and reduced 42. The biggest buy was VG Morningstar TS MKT ETF-US (VTI, shares +4%) and the biggest sale an exit from Intel (INTC).

Most Recent 13F
Q2 2026
Location
SEATTLE, WA
CIK
0000928566
Portfolio Value
$123.1M (Q1 2024)
SEC Filing
0001085146-24-001740 ↗ filed Apr 12, 2024

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q1 2024: $123.1M $123.1M Q1 2024 Q2 2024: $117.9M Q2 2024 Q3 2024: $129.4M Q3 2024 Q4 2024: $126.5M Q4 2024 Q1 2025: $123.6M Q1 2025 Q2 2025: $134.2M Q2 2025 Q3 2025: $139.8M Q3 2025 Q4 2025: $122.8M Q4 2025 Q1 2026: $118.1M Q1 2026 Q2 2026: $151.2M Q2 2026

Holdings 104 stocks · $123.1M
VTI VG Morningstar TS MKT ETF-US 17.32% 82,054 $21.3M Add +3.5%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 6.27% 19,416 $7.7M No change
SPY SS SPDR S&P 500 ETF Trust-US 6.19% 14,581 $7.6M Reduce -8.7%
BSV Vanguard Short-Term Bond ETF 5.52% 88,630 $6.8M No change
IGSB iShares 1-5Y Inv Grade Corp. 2.43% 58,418 $3.0M No change
JPM JPMorgan Chase & Co. 2.00% 12,270 $2.5M Reduce -4.5%
IWM iShares Russell 2000 ETF 1.74% 10,200 $2.1M Add +73.0%
ACWX iShares MSCI Acwi Ex US ETF 1.64% 37,860 $2.0M No change
MRK Merck & Co. Inc. 1.47% 13,718 $1.8M Reduce -5.5%
AEM Agnico Eagle Mines Ltd. 1.43% 29,565 $1.8M Reduce -1.6%
INGR Ingredion Inc. 1.39% 14,645 $1.7M Reduce -3.6%
HAL Halliburton Co. 1.32% 41,120 $1.6M Add +3.0%
PNC PNC Financial Services Group 1.22% 9,275 $1.5M Reduce -2.5%
GOOG Alphabet Inc. Class C 1.16% 9,400 $1.4M Reduce -1.1%
VCSH Vanguard S/T Corp. Bond ETF 1.14% 18,200 $1.4M Reduce -0.7%
ITT Itt Inc. 1.14% 10,325 $1.4M Reduce -0.5%
EMR Emerson Electric Co. 1.03% 11,210 $1.3M No change
SLB SLB Ltd. filed as SCHLUMBERGER LTD 1.01% 22,725 $1.2M Reduce -3.6%
PHM Pultegroup Inc. 0.98% 10,000 $1.2M No change
KEY Keycorp 0.94% 73,580 $1.2M Reduce -17.1%
LHX L3HARRIS Technologies Inc. 0.94% 5,405 $1.2M Reduce -1.0%
VEU Vanguard Ftse All-World Ex-U 0.93% 19,595 $1.1M No change
LH Laboratory CRP of Amer Hldgs 0.91% 5,145 $1.1M Reduce -1.3%
CPB The Campbell's Company filed as CAMPBELL SOUP CO 0.88% 24,335 $1.1M Reduce -1.6%
CNC Centene Corp. 0.87% 13,680 $1.1M Reduce -1.6%
NSC Norfolk Southern Corp. 0.87% 4,180 $1.1M Reduce -27.3%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.81% 26,355 $999K Reduce -6.2%
GEHC GE Healthcare Technology 0.81% 10,975 $998K No change
CIEN Ciena Corp. 0.79% 19,595 $969K Reduce -12.3%
CNH CNH Industrial NV 0.77% 73,559 $953K Add +103.0%
CSCO Cisco Systems Inc. 0.77% 19,090 $953K Reduce -3.5%
LMT Lockheed Martin Corp. 0.77% 2,085 $948K Reduce -5.2%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.76% 4,885 $933K Reduce -3.1%
EA Electronic Arts Inc. 0.76% 7,030 $933K Add +97.8%
JCI Johnson Controls Internation 0.74% 13,915 $909K Reduce -1.6%
NXPI NXP Semiconductors NV 0.71% 3,550 $880K Reduce -34.0%
MDT Medtronic PLC 0.66% 9,275 $808K Reduce -2.9%
MKSI MKS Inc. filed as MKS INSTRS INC 0.65% 6,000 $798K No change
XOM Exxon Mobil Corp. 0.61% 6,645 $754K Reduce -5.0%
VOO Vanguard S&P 500 ETF 0.61% 1,559 $749K New
SBAC SBA Communications Corp. 0.61% 3,455 $749K Add +12.0%
SMAR Smartsheet Inc. Class A 0.61% 19,375 $746K Add +47.9%
GSK GSK PLC-Spon ADR 0.60% 17,137 $735K Reduce -0.2%
EHC Encompass Health Corp. 0.57% 8,500 $702K No change
UNH Unitedhealth Group Inc. 0.57% 1,410 $698K Reduce -24.5%
HCP Hashicorp Inc. Class A 0.55% 25,100 $676K No change
CROX Crocs Inc. 0.55% 4,700 $676K New
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.55% 7,600 $672K Reduce -15.6%
STZ Constellation Brands Inc. Class A 0.54% 2,450 $666K No change
SCI Service Corp. International 0.53% 8,800 $653K No change
LDOS Leidos Holdings Inc. 0.52% 4,900 $642K No change
COP Conocophillips 0.52% 5,000 $636K No change
ALK Alaska Air Group Inc. 0.52% 14,800 $636K Add +97.3%
FANG Diamondback Energy Inc. 0.51% 3,195 $633K Reduce -14.7%
WTW Willis Towers Watson PLC 0.51% 2,300 $633K No change
HALO Halozyme Therapeutics Inc. 0.51% 15,500 $631K No change
VC Visteon Corp. 0.51% 5,300 $623K Add +15.2%
HOLX Hologic Inc. 0.50% 7,930 $618K New
PBH Prestige Consumer Healthcare 0.50% 8,500 $617K No change
SWKS Skyworks Solutions Inc. 0.49% 5,600 $607K New
ULTA Ulta Beauty Inc. 0.49% 1,150 $601K Reduce -17.9%
DGX Quest Diagnostics Inc. 0.49% 4,505 $600K New
TWLO Twilio Inc. Class A 0.49% 9,800 $599K Add +5.4%
KEX Kirby Corp. 0.48% 6,255 $596K No change
PCTY Paylocity Holding Corp. 0.47% 3,400 $584K Add +17.2%
TTWO Take-Two Interactive Softwre 0.47% 3,900 $579K No change
BAH Booz Allen Hamilton Holdings 0.47% 3,900 $579K No change
TFX Teleflex Inc. 0.47% 2,550 $577K Add +15.9%
BABA Alibaba Group Holding-SP ADR 0.47% 7,930 $574K Reduce -4.0%
BAX Baxter International Inc. 0.47% 13,405 $573K Reduce -4.3%
BMRN Biomarin Pharmaceutical Inc. 0.46% 6,500 $568K No change
ASO Academy Sports & Outdoors Inc. 0.46% 8,300 $561K Reduce -17.0%
LITE Lumentum Holdings Inc. 0.45% 11,800 $559K No change
GMED Globus Medical Inc. Class A 0.45% 10,400 $558K No change
WH Wyndham Hotels & Resorts Inc. 0.45% 7,200 $553K Reduce -14.3%
NBIX Neurocrine Biosciences Inc. 0.45% 4,000 $552K Reduce -15.8%
VMI Valmont Industries 0.44% 2,350 $536K Add +74.1%
VZ Verizon Communications Inc. 0.43% 12,575 $529K Reduce -6.2%
DUK Duke Energy Corp. 0.43% 5,415 $524K Reduce -6.2%
ESTC Elastic NV 0.41% 5,000 $501K Reduce -2.0%
KVUE Kenvue Inc. 0.40% 22,953 $493K No change
MNDY Monday.com Ltd. 0.39% 2,100 $474K No change
TFC Truist Financial Corp. 0.38% 12,000 $468K No change
GTM Zoominfo Technologies Inc. 0.38% 29,000 $465K Add +71.6%
EQC Equity Commonwealth 0.36% 23,300 $440K No change
CW Curtiss-Wright Corp. 0.35% 1,700 $435K No change
C Citigroup Inc. 0.35% 6,785 $427K No change
HUN Huntsman Corp. 0.33% 15,600 $406K New
ROG Rogers Corp. 0.33% 3,400 $404K Add +25.9%
MBLY Mobileye Global Inc. Class A 0.33% 12,500 $402K New
T AT&T Inc. 0.33% 22,922 $402K Reduce -7.0%
ZS Zscaler Inc. 0.31% 2,000 $385K Reduce -29.8%
DV Doubleverify Holdings Inc. 0.31% 10,800 $380K New
FITB Fifth Third Bancorp 0.30% 10,000 $372K No change
ASH Ashland Inc. 0.28% 3,500 $341K New
LEVI Levi Strauss & Co. Class A 0.27% 16,500 $330K New
ELV Elevance Health Inc. 0.26% 625 $324K No change
INCY Incyte Corp. 0.25% 5,400 $308K New
LCII Lci Industries 0.24% 2,400 $295K New
MOG.A Moog Inc. Class A 0.21% 1,650 $263K Reduce -70.0%
AMP Ameriprise Financial Inc. 0.21% 586 $257K No change
RPD RAPID7 Inc. 0.19% 4,800 $235K Reduce -57.5%
WFC Wells Fargo & Co. 0.18% 3,760 $218K New
VLTO Veralto Corp. 0.17% 2,350 $208K New
Other holdings (3): bonds, preferreds, convertibles and warrants · $334K (not counted above)
SecurityClassShares / PrincipalValueChange
UNITY SOFTWARE INC (U 0 11/15/26) NOTE 11/1 · principal 200,000$170KNew
CONFLUENT INC (CFLT 0 01/15/27) NOTE 1/1 · principal 100,000$86KNo change
ETSY INC (ETSY 0.25 06/15/28) NOTE 0.250% 6/1 · principal 100,000$79KNo change

Total filed on the 13F, all lines: $123.5M.

Portfolio Sells Q4 2023 → Q1 2024
INTC Intel Corp. Sold out 0.00% −0.97
FMC FMC Corp. Sold out 0.00% −0.81
MKTX Marketaxess Holdings Inc. Sold out 0.00% −0.54
MOG.A Moog Inc. Class A Reduce -70.0% 0.21% −0.47
QDEL Quidelortho Corp. Sold out 0.00% −0.45
MRCY Mercury Systems Inc. Sold out 0.00% −0.44
BWXT BWX Technologies Inc. Sold out 0.00% −0.39
RPD RAPID7 Inc. Reduce -57.5% 0.19% −0.36
NXPI NXP Semiconductors NV Reduce -34.0% 0.71% −0.34
GSG iShares S&P Gsci Commodity I Sold out 0.00% −0.33
LOPE Grand Canyon Education Inc. Sold out 0.00% −0.33
SPLK Splunk Inc. Sold out 0.00% −0.31
SPY SS SPDR S&P 500 ETF Trust-US Reduce -8.7% 6.19% −0.31
NSC Norfolk Southern Corp. Reduce -27.3% 0.87% −0.30
UNH Unitedhealth Group Inc. Reduce -24.5% 0.57% −0.28
VNQ Vanguard Real Estate ETF Sold out 0.00% −0.25
ZS Zscaler Inc. Reduce -29.8% 0.31% −0.23
FCN Fti Consulting Inc. Sold out 0.00% −0.22
CALM Cal-Maine Foods Inc. Sold out 0.00% −0.19
KEY Keycorp Reduce -17.1% 0.94% −0.15
WH Wyndham Hotels & Resorts Inc. Reduce -14.3% 0.45% −0.13
ASO Academy Sports & Outdoors Inc. Reduce -17.0% 0.46% −0.11
LH Laboratory CRP of Amer Hldgs Reduce -1.3% 0.91% −0.10
ULTA Ulta Beauty Inc. Reduce -17.9% 0.49% −0.10
NBIX Neurocrine Biosciences Inc. Reduce -15.8% 0.45% −0.09
ESTC Elastic NV Reduce -2.0% 0.41% −0.09
LMT Lockheed Martin Corp. Reduce -5.2% 0.77% −0.08
CSCO Cisco Systems Inc. Reduce -3.5% 0.77% −0.08
BABA Alibaba Group Holding-SP ADR Reduce -4.0% 0.47% −0.08
CIEN Ciena Corp. Reduce -12.3% 0.79% −0.08
VCSH Vanguard S/T Corp. Bond ETF Reduce -0.7% 1.14% −0.07
DUK Duke Energy Corp. Reduce -6.2% 0.43% −0.06
LHX L3HARRIS Technologies Inc. Reduce -1.0% 0.94% −0.05
PNC PNC Financial Services Group Reduce -2.5% 1.22% −0.05
SLB SLB Ltd. Reduce -3.6% 1.01% −0.04
CPB The Campbell's Company Reduce -1.6% 0.88% −0.04
T AT&T Inc. Reduce -7.0% 0.33% −0.03
INGR Ingredion Inc. Reduce -3.6% 1.39% −0.02
MDT Medtronic PLC Reduce -2.9% 0.66% −0.02
CNC Centene Corp. Reduce -1.6% 0.87% −0.01
VZ Verizon Communications Inc. Reduce -6.2% 0.43% −0.00
BAC Bank of America Corp. Reduce -6.2% 0.81% +0.00
WRB WR Berkley Corp. Reduce -15.6% 0.55% +0.00
BAX Baxter International Inc. Reduce -4.3% 0.47% +0.00
XOM Exxon Mobil Corp. Reduce -5.0% 0.61% +0.01
GOOG Alphabet Inc. Class C Reduce -1.1% 1.16% +0.01
FANG Diamondback Energy Inc. Reduce -14.7% 0.51% +0.02
AEM Agnico Eagle Mines Ltd. Reduce -1.6% 1.43% +0.02
JCI Johnson Controls Internation Reduce -1.6% 0.74% +0.04
IBM Intl Business Machines Corp. Reduce -3.1% 0.76% +0.05

Portfolio Buys Q4 2023 → Q1 2024
VTI VG Morningstar TS MKT ETF-US Add +3.5% 17.32% +1.20
IWM iShares Russell 2000 ETF Add +73.0% 1.74% +0.73
VOO Vanguard S&P 500 ETF New 0.61% +0.61
CROX Crocs Inc. New 0.55% +0.55
HOLX Hologic Inc. New 0.50% +0.50
SWKS Skyworks Solutions Inc. New 0.49% +0.49
DGX Quest Diagnostics Inc. New 0.49% +0.49
CNH CNH Industrial NV Add +103.0% 0.77% +0.40
EA Electronic Arts Inc. Add +97.8% 0.76% +0.34
HUN Huntsman Corp. New 0.33% +0.33
MBLY Mobileye Global Inc. Class A New 0.33% +0.33
DV Doubleverify Holdings Inc. New 0.31% +0.31
ASH Ashland Inc. New 0.28% +0.28
LEVI Levi Strauss & Co. Class A New 0.27% +0.27
ALK Alaska Air Group Inc. Add +97.3% 0.52% +0.27
INCY Incyte Corp. New 0.25% +0.25
LCII Lci Industries New 0.24% +0.24
WFC Wells Fargo & Co. New 0.18% +0.18
VLTO Veralto Corp. New 0.17% +0.17
VMI Valmont Industries Add +74.1% 0.44% +0.17
GTM Zoominfo Technologies Inc. Add +71.6% 0.38% +0.11
HAL Halliburton Co. Add +3.0% 1.32% +0.08
SMAR Smartsheet Inc. Class A Add +47.9% 0.61% +0.07
PCTY Paylocity Holding Corp. Add +17.2% 0.47% +0.06
ROG Rogers Corp. Add +25.9% 0.33% +0.02
VC Visteon Corp. Add +15.2% 0.51% +0.01
TFX Teleflex Inc. Add +15.9% 0.47% −0.00
SBAC SBA Communications Corp. Add +12.0% 0.61% −0.06
TWLO Twilio Inc. Class A Add +5.4% 0.49% −0.12

Notes & Other Activity Q4 2023 → Q1 2024
UNITY SOFTWARE INC (U 0 11/15/26) NOTE 11/1 · principal New 200,000 $170K

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 111$151.2MVTI, DIA, SPY, BSV, GOOG
Q1 2026 100$118.1MVTI, DIA, SPY, AEM, CIEN
Q4 2025 108$122.8MVTI, DIA, SPY, AEM, ACWX
Q3 2025 114$139.8MVTI, DIA, SPY, BSV, IGSB
Q2 2025 113$134.2MVTI, DIA, SPY, BSV, IGSB
Q1 2025 106$123.6MVTI, DIA, SPY, BSV, IGSB
Q4 2024 109$126.5MVTI, DIA, SPY, BSV, IGSB
Q3 2024 106$129.4MVTI, DIA, SPY, BSV, IGSB
Q2 2024 101$117.9MVTI, SPY, DIA, BSV, IGSB
Q1 2024 104$123.1MVTI, DIA, SPY, BSV, IGSB