Washington Capital Management, Inc.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 27, 2026), Washington Capital Management, Inc. reported 100 stock positions worth $118.1 million. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 23.5% of the portfolio, followed by SS SPDR Dow Jones Indus Avg (DIA, 8.4%) and SS SPDR S&P 500 ETF Trust-US (SPY, 7.5%). Compared with Q4 2025, it opened 13 new positions, sold out of 21, added to 39 and reduced 29. The biggest buy was a new position in Waters (WAT) and the biggest sale iShares MSCI Acwi Ex US ETF (ACWX, shares −54%).
- Most Recent 13F
- Q2 2026
- Location
- SEATTLE, WA
- CIK
- 0000928566
- Portfolio Value
- $118.1M (Q1 2026)
- SEC Filing
- 0000928566-26-000002 ↗ filed Apr 27, 2026
Holdings Value
Holdings 100 stocks · $118.1M
| VTI VG Morningstar TS MKT ETF-US | 23.48% | 86,461 | $27.7M | Reduce -0.4% |
| DIA SS SPDR Dow Jones Indus Avg filed as STATE STR SPDR DOW JONES IND | 8.43% | 21,499 | $10.0M | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 7.53% | 13,671 | $8.9M | No change |
| AEM Agnico Eagle Mines Ltd. | 1.78% | 10,356 | $2.1M | Reduce -24.2% |
| CIEN Ciena Corp. | 1.76% | 5,355 | $2.1M | Reduce -20.6% |
| KEX Kirby Corp. | 1.25% | 11,095 | $1.5M | Add +2.5% |
| HAL Halliburton Co. | 1.19% | 35,970 | $1.4M | Reduce -9.7% |
| MCHP Microchip Technology Inc. | 1.18% | 21,610 | $1.4M | Add +1.9% |
| EMR Emerson Electric Co. | 1.16% | 10,490 | $1.4M | Add +2.9% |
| CSCO Cisco Systems Inc. | 1.14% | 17,385 | $1.3M | Reduce -1.2% |
| GOOG Alphabet Inc. Class C | 1.14% | 4,700 | $1.3M | No change |
| SLB SLB Ltd. filed as SLB LIMITED | 1.04% | 23,800 | $1.2M | Reduce -10.5% |
| PNC PNC Financial Services Group | 1.00% | 5,660 | $1.2M | Add +2.7% |
| VEU Vanguard Ftse All-World Ex-U | 0.93% | 14,570 | $1.1M | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.91% | 22,015 | $1.1M | Reduce -3.7% |
| WAT Waters Corp. | 0.91% | 3,600 | $1.1M | New |
| ACWX iShares MSCI Acwi Ex US ETF | 0.90% | 15,606 | $1.1M | Reduce -54.3% |
| FTS Fortis Inc. | 0.89% | 18,740 | $1.0M | No change |
| JPM JPMorgan Chase & Co. | 0.88% | 3,545 | $1.0M | No change |
| ITT Itt Inc. | 0.83% | 5,130 | $977K | Reduce -1.0% |
| BDX Becton Dickinson and Co. | 0.82% | 6,145 | $966K | Add +17.2% |
| VRT Vertiv Holdings Co. Class A | 0.82% | 3,850 | $965K | Reduce -18.1% |
| FTV Fortive Corp. | 0.80% | 17,065 | $943K | Add +3.2% |
| APTV Aptiv PLC | 0.79% | 13,520 | $939K | Add +2.3% |
| KEY Keycorp | 0.79% | 46,410 | $931K | Reduce -44.6% |
| SBAC SBA Communications Corp. | 0.78% | 5,385 | $927K | Add +21.7% |
| CTRA Coterra Energy Inc. | 0.78% | 26,100 | $917K | Reduce -11.2% |
| VOO Vanguard S&P 500 ETF | 0.77% | 1,516 | $906K | Reduce -3.2% |
| EXPE Expedia Group Inc. | 0.75% | 3,850 | $889K | Add +24.2% |
| MRVL Marvell Technology Inc. | 0.74% | 8,800 | $872K | Add +27.5% |
| GEHC GE Healthcare Technology | 0.72% | 11,910 | $848K | Add +3.4% |
| MRK Merck & Co. Inc. | 0.71% | 6,933 | $834K | Reduce -1.4% |
| SFM Sprouts Farmers Market Inc. | 0.70% | 10,660 | $822K | Add +54.5% |
| WH Wyndham Hotels & Resorts Inc. | 0.69% | 10,000 | $812K | Add +4.2% |
| XOM Exxon Mobil Corp. | 0.69% | 4,780 | $811K | Reduce -1.6% |
| ZTS Zoetis Inc. | 0.67% | 6,680 | $790K | Add +52.2% |
| WCC Wesco International Inc. | 0.67% | 2,880 | $788K | Add +4.1% |
| CAH Cardinal Health Inc. | 0.66% | 3,680 | $778K | Reduce -15.4% |
| ESI Element Solutions Inc. | 0.63% | 21,940 | $749K | Reduce -10.4% |
| GMED Globus Medical Inc. Class A | 0.63% | 8,600 | $741K | Reduce -14.0% |
| MNDY Monday.com Ltd. | 0.62% | 10,650 | $736K | Add +187.8% |
| JBHT Hunt (jb) Transprt SVCS Inc. | 0.62% | 3,450 | $731K | Reduce -17.9% |
| SOLV Solventum Corp. | 0.62% | 11,135 | $727K | Add +14.7% |
| DIOD Diodes Inc. | 0.61% | 10,600 | $724K | Reduce -8.6% |
| AKAM Akamai Technologies Inc. | 0.61% | 6,300 | $724K | New |
| IWM iShares Russell 2000 ETF | 0.61% | 2,910 | $722K | No change |
| MKSI MKS Inc. | 0.61% | 3,140 | $722K | Reduce -42.9% |
| MUSA Murphy USA Inc. | 0.61% | 1,460 | $721K | Add +4.3% |
| NDSN Nordson Corp. | 0.61% | 2,700 | $718K | No change |
| TFC Truist Financial Corp. | 0.60% | 15,430 | $709K | Add +4.3% |
| TKR Timken Co. | 0.60% | 7,050 | $709K | Reduce -9.6% |
| WTW Willis Towers Watson PLC | 0.59% | 2,405 | $699K | New |
| ACN Accenture PLC Class A | 0.58% | 3,465 | $687K | Add +88.8% |
| LHX L3HARRIS Technologies Inc. | 0.58% | 1,985 | $685K | No change |
| DG Dollar General Corp. | 0.57% | 5,670 | $673K | Reduce -11.4% |
| BILL Bill Holdings Inc. | 0.57% | 17,450 | $668K | Add +41.9% |
| NSC Norfolk Southern Corp. | 0.56% | 2,325 | $667K | No change |
| ASO Academy Sports & Outdoors Inc. | 0.56% | 11,700 | $660K | Reduce -17.0% |
| BLD Topbuild Corp. | 0.56% | 1,880 | $660K | Add +25.3% |
| STE Steris PLC | 0.55% | 2,920 | $646K | Add +82.5% |
| IEX Idex Corp. | 0.54% | 3,350 | $635K | Add +157.7% |
| TEAM Atlassian Corp. Class A | 0.54% | 9,290 | $634K | Add +151.1% |
| BDC Belden Inc. | 0.53% | 5,410 | $621K | New |
| CAVA Cava Group Inc. | 0.52% | 7,660 | $620K | Add +4.9% |
| DUK Duke Energy Corp. | 0.51% | 4,595 | $602K | No change |
| HUBS HubSpot Inc. | 0.51% | 2,460 | $600K | Add +82.2% |
| NXPI NXP Semiconductors NV | 0.51% | 3,035 | $597K | No change |
| FIG Figma Inc. Class A | 0.50% | 28,200 | $596K | New |
| GOOGL Alphabet Inc. Class A | 0.50% | 2,070 | $595K | Reduce -2.8% |
| GTLB Gitlab Inc. Class A | 0.49% | 26,930 | $583K | Add +52.1% |
| ESTC Elastic NV | 0.49% | 11,575 | $579K | Add +261.7% |
| BMRN Biomarin Pharmaceutical Inc. | 0.49% | 10,150 | $573K | Add +136.1% |
| LEVI Levi Strauss & Co. Class A | 0.47% | 30,000 | $555K | Add +3.5% |
| LH Labcorp Holdings Inc. | 0.47% | 2,065 | $551K | Reduce -56.2% |
| CGNX Cognex Corp. | 0.45% | 10,950 | $536K | Add +65.9% |
| HQY Healthequity Inc. | 0.45% | 6,350 | $531K | New |
| VST Vistra Corp. | 0.44% | 3,450 | $519K | Add +165.4% |
| RGEN Repligen Corp. | 0.44% | 4,380 | $516K | Add +56.4% |
| P Everpure Inc. Class A | 0.43% | 8,660 | $511K | Add +5.6% |
| MSFT Microsoft Corp. | 0.42% | 1,345 | $498K | New |
| HUM Humana Inc. | 0.39% | 2,660 | $461K | Add +4.7% |
| HOLX Hologic Inc. | 0.38% | 5,870 | $444K | Reduce -35.6% |
| HUN Huntsman Corp. | 0.36% | 31,800 | $423K | New |
| MBLY Mobileye Global Inc. Class A | 0.34% | 57,800 | $397K | Add +140.8% |
| BIRK Birkenstock Holding PLC | 0.32% | 10,700 | $383K | New |
| WDAY Workday Inc. Class A | 0.32% | 2,935 | $381K | New |
| AGCO Agco Corp. | 0.32% | 3,240 | $375K | New |
| MDT Medtronic PLC | 0.31% | 4,205 | $364K | Reduce -32.6% |
| UNH Unitedhealth Group Inc. | 0.30% | 1,325 | $359K | No change |
| NVCR Novocure Ltd. | 0.30% | 32,400 | $353K | Add +4.5% |
| DGX Quest Diagnostics Inc. | 0.30% | 1,780 | $349K | No change |
| EHC Encompass Health Corp. | 0.29% | 3,550 | $343K | New |
| LMT Lockheed Martin Corp. | 0.27% | 535 | $323K | No change |
| AMP Ameriprise Financial Inc. | 0.22% | 586 | $260K | No change |
| INVH Invitation Homes Inc. | 0.21% | 10,100 | $251K | New |
| CB Chubb Ltd. | 0.20% | 728 | $237K | No change |
| RY Royal Bank of Canada | 0.19% | 1,400 | $226K | No change |
| INSP Inspire Medical Systems Inc. | 0.18% | 4,175 | $215K | Add +74.0% |
| WFC Wells Fargo & Co. | 0.18% | 2,640 | $210K | Reduce -20.0% |
| CMCSA Comcast Corp. Class A | 0.17% | 7,050 | $202K | No change |
Other holdings (2): bonds, preferreds, convertibles and warrants · $283K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| UNITY SOFTWARE INC (U 0 11/15/26) | NOTE 11/1 · principal | 200,000 | $194K | No change |
| ETSY INC (ETSY 0.25 06/15/28) | NOTE 0.250% 6/1 · principal | 100,000 | $89K | No change |
Total filed on the 13F, all lines: $118.4M.
Portfolio Sells Q4 2025 → Q1 2026
| ACWX iShares MSCI Acwi Ex US ETF | Reduce -54.3% | 0.90% | −0.96 |
| MOH Molina Healthcare Inc. | Sold out | 0.00% | −0.82 |
| EA Electronic Arts Inc. | Sold out | 0.00% | −0.80 |
| CFLT Confluent Inc. Class A | Sold out | 0.00% | −0.69 |
| MDB Mongodb Inc. | Sold out | 0.00% | −0.63 |
| KEY Keycorp | Reduce -44.6% | 0.79% | −0.62 |
| MMS Maximus Inc. | Sold out | 0.00% | −0.56 |
| NBIX Neurocrine Biosciences Inc. | Sold out | 0.00% | −0.51 |
| FROG Jfrog Ltd. | Sold out | 0.00% | −0.50 |
| LH Labcorp Holdings Inc. | Reduce -56.2% | 0.47% | −0.50 |
| EME Emcor Group Inc. | Sold out | 0.00% | −0.45 |
| HUBB Hubbell Inc. | Sold out | 0.00% | −0.43 |
| CSX CSX Corp. | Sold out | 0.00% | −0.42 |
| CFR Cullen/Frost Bankers Inc. | Sold out | 0.00% | −0.38 |
| DECK Deckers Outdoor Corp. | Sold out | 0.00% | −0.37 |
| CXW Corecivic Inc. | Sold out | 0.00% | −0.35 |
| IT Gartner Inc. | Sold out | 0.00% | −0.31 |
| AQN Algonquin Power & Utilities | Sold out | 0.00% | −0.30 |
| ARW Arrow Electronics Inc. | Sold out | 0.00% | −0.27 |
| ADBE Adobe Inc. | Sold out | 0.00% | −0.24 |
| MSCI MSCI Inc. | Sold out | 0.00% | −0.23 |
| TDY Teledyne Technologies Inc. | Sold out | 0.00% | −0.21 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -0.4% | 23.48% | −0.21 |
| MDT Medtronic PLC | Reduce -32.6% | 0.31% | −0.18 |
| ELV Elevance Health Inc. | Sold out | 0.00% | −0.18 |
| HOLX Hologic Inc. | Reduce -35.6% | 0.38% | −0.18 |
| PCTY Paylocity Holding Corp. | Sold out | 0.00% | −0.17 |
| DG Dollar General Corp. | Reduce -11.4% | 0.57% | −0.12 |
| BAC Bank of America Corp. | Reduce -3.7% | 0.91% | −0.11 |
| AEM Agnico Eagle Mines Ltd. | Reduce -24.2% | 1.78% | −0.10 |
| MKSI MKS Inc. | Reduce -42.9% | 0.61% | −0.10 |
| GMED Globus Medical Inc. Class A | Reduce -14.0% | 0.63% | −0.08 |
| WFC Wells Fargo & Co. | Reduce -20.0% | 0.18% | −0.07 |
| CAH Cardinal Health Inc. | Reduce -15.4% | 0.66% | −0.07 |
| JBHT Hunt (jb) Transprt SVCS Inc. | Reduce -17.9% | 0.62% | −0.05 |
| GOOGL Alphabet Inc. Class A | Reduce -2.8% | 0.50% | −0.04 |
| VOO Vanguard S&P 500 ETF | Reduce -3.2% | 0.77% | −0.03 |
| ASO Academy Sports & Outdoors Inc. | Reduce -17.0% | 0.56% | −0.01 |
| CSCO Cisco Systems Inc. | Reduce -1.2% | 1.14% | +0.04 |
| TKR Timken Co. | Reduce -9.6% | 0.60% | +0.07 |
| ITT Itt Inc. | Reduce -1.0% | 0.83% | +0.10 |
| MRK Merck & Co. Inc. | Reduce -1.4% | 0.71% | +0.10 |
| ESI Element Solutions Inc. | Reduce -10.4% | 0.63% | +0.14 |
| CTRA Coterra Energy Inc. | Reduce -11.2% | 0.78% | +0.15 |
| DIOD Diodes Inc. | Reduce -8.6% | 0.61% | +0.15 |
| VRT Vertiv Holdings Co. Class A | Reduce -18.1% | 0.82% | +0.20 |
| SLB SLB Ltd. | Reduce -10.5% | 1.04% | +0.20 |
| XOM Exxon Mobil Corp. | Reduce -1.6% | 0.69% | +0.21 |
| HAL Halliburton Co. | Reduce -9.7% | 1.19% | +0.27 |
| CIEN Ciena Corp. | Reduce -20.6% | 1.76% | +0.48 |
Portfolio Buys Q4 2025 → Q1 2026
| WAT Waters Corp. | New | 0.91% | +0.91 |
| AKAM Akamai Technologies Inc. | New | 0.61% | +0.61 |
| WTW Willis Towers Watson PLC | New | 0.59% | +0.59 |
| BDC Belden Inc. | New | 0.53% | +0.53 |
| FIG Figma Inc. Class A | New | 0.50% | +0.50 |
| HQY Healthequity Inc. | New | 0.45% | +0.45 |
| MSFT Microsoft Corp. | New | 0.42% | +0.42 |
| HUN Huntsman Corp. | New | 0.36% | +0.36 |
| IEX Idex Corp. | Add +157.7% | 0.54% | +0.35 |
| BIRK Birkenstock Holding PLC | New | 0.32% | +0.32 |
| WDAY Workday Inc. Class A | New | 0.32% | +0.32 |
| AGCO Agco Corp. | New | 0.32% | +0.32 |
| ESTC Elastic NV | Add +261.7% | 0.49% | +0.29 |
| EHC Encompass Health Corp. | New | 0.29% | +0.29 |
| BMRN Biomarin Pharmaceutical Inc. | Add +136.1% | 0.49% | +0.28 |
| KEX Kirby Corp. | Add +2.5% | 1.25% | +0.28 |
| VST Vistra Corp. | Add +165.4% | 0.44% | +0.27 |
| CGNX Cognex Corp. | Add +65.9% | 0.45% | +0.26 |
| MRVL Marvell Technology Inc. | Add +27.5% | 0.74% | +0.26 |
| SFM Sprouts Farmers Market Inc. | Add +54.5% | 0.70% | +0.25 |
| ZTS Zoetis Inc. | Add +52.2% | 0.67% | +0.22 |
| STE Steris PLC | Add +82.5% | 0.55% | +0.22 |
| INVH Invitation Homes Inc. | New | 0.21% | +0.21 |
| ACN Accenture PLC Class A | Add +88.8% | 0.58% | +0.18 |
| MNDY Monday.com Ltd. | Add +187.8% | 0.62% | +0.18 |
| CAVA Cava Group Inc. | Add +4.9% | 0.52% | +0.18 |
| MUSA Murphy USA Inc. | Add +4.3% | 0.61% | +0.15 |
| MBLY Mobileye Global Inc. Class A | Add +140.8% | 0.34% | +0.13 |
| WCC Wesco International Inc. | Add +4.1% | 0.67% | +0.12 |
| WH Wyndham Hotels & Resorts Inc. | Add +4.2% | 0.69% | +0.10 |
| SBAC SBA Communications Corp. | Add +21.7% | 0.78% | +0.09 |
| MCHP Microchip Technology Inc. | Add +1.9% | 1.18% | +0.08 |
| HUBS HubSpot Inc. | Add +82.2% | 0.51% | +0.07 |
| RGEN Repligen Corp. | Add +56.4% | 0.44% | +0.06 |
| EMR Emerson Electric Co. | Add +2.9% | 1.16% | +0.06 |
| PNC PNC Financial Services Group | Add +2.7% | 1.00% | +0.06 |
| FTV Fortive Corp. | Add +3.2% | 0.80% | +0.06 |
| BLD Topbuild Corp. | Add +25.3% | 0.56% | +0.05 |
| TEAM Atlassian Corp. Class A | Add +151.1% | 0.54% | +0.05 |
| EXPE Expedia Group Inc. | Add +24.2% | 0.75% | +0.04 |
| BILL Bill Holdings Inc. | Add +41.9% | 0.57% | +0.02 |
| TFC Truist Financial Corp. | Add +4.3% | 0.60% | +0.01 |
| INSP Inspire Medical Systems Inc. | Add +74.0% | 0.18% | +0.00 |
| SOLV Solventum Corp. | Add +14.7% | 0.62% | −0.01 |
| BDX Becton Dickinson and Co. | Add +17.2% | 0.82% | −0.01 |
| P Everpure Inc. Class A | Add +5.6% | 0.43% | −0.01 |
| LEVI Levi Strauss & Co. Class A | Add +3.5% | 0.47% | −0.02 |
| APTV Aptiv PLC | Add +2.3% | 0.79% | −0.02 |
| NVCR Novocure Ltd. | Add +4.5% | 0.30% | −0.03 |
| GTLB Gitlab Inc. Class A | Add +52.1% | 0.49% | −0.05 |
Notes & Other Activity Q4 2025 → Q1 2026
| CONFLUENT INC (CFLT 0 01/15/27) | NOTE 1/1 · principal | Sold out | 100,000 | $97Kbefore exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 111 | $151.2M | VTI, DIA, SPY, BSV, GOOG |
| Q1 2026 | 100 | $118.1M | VTI, DIA, SPY, AEM, CIEN |
| Q4 2025 | 108 | $122.8M | VTI, DIA, SPY, AEM, ACWX |
| Q3 2025 | 114 | $139.8M | VTI, DIA, SPY, BSV, IGSB |
| Q2 2025 | 113 | $134.2M | VTI, DIA, SPY, BSV, IGSB |
| Q1 2025 | 106 | $123.6M | VTI, DIA, SPY, BSV, IGSB |
| Q4 2024 | 109 | $126.5M | VTI, DIA, SPY, BSV, IGSB |
| Q3 2024 | 106 | $129.4M | VTI, DIA, SPY, BSV, IGSB |
| Q2 2024 | 101 | $117.9M | VTI, SPY, DIA, BSV, IGSB |
| Q1 2024 | 104 | $123.1M | VTI, DIA, SPY, BSV, IGSB |