Wulff, Hansen & Co.

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 2, 2024), Wulff, Hansen & Co. reported 89 stock positions worth $100.2 million. Its top holding was Blackstone (BX) at 7.8% of the portfolio, followed by Vanguard Info Tech ETF (VGT, 4.9%) and Microsoft (MSFT, 4.3%). Compared with Q4 2023, it opened 6 new positions, sold out of 2, added to 14 and reduced 35. The biggest buy was a new position in General Electric (GE) and the biggest sale Boeing (BA, shares −46%).

Most Recent 13F
Q2 2026
Location
SAN RAFAEL, CA
CIK
0000108634
Portfolio Value
$100.2M (Q1 2024)
SEC Filing
0000108634-24-000006 ↗ filed May 2, 2024

Holdings Value

0$50.0M$100.0M$150.0M Q1 2024: $100.2M $100.2M Q1 2024 Q2 2024: $101.3M Q2 2024 Q3 2024: $110.4M Q3 2024 Q4 2024: $105.7M Q4 2024 Q1 2025: $109.7M Q1 2025 Q2 2025: $116.8M Q2 2025 Q3 2025: $116.2M Q3 2025 Q4 2025: $119.2M Q4 2025 Q1 2026: $97.9M Q1 2026 Q2 2026: $130.5M Q2 2026

Holdings 89 stocks · $100.2M
BX Blackstone Inc. 7.83% 59,717 $7.8M Reduce -0.1%
VGT Vanguard Info Tech ETF 4.93% 9,413 $4.9M Add +0.4%
MSFT Microsoft Corp. 4.29% 10,222 $4.3M Reduce -6.5%
PG The Procter & Gamble Co. 3.63% 22,425 $3.6M Reduce -1.1%
GOOGL Alphabet Inc. Class A 3.53% 23,449 $3.5M Add +65.3%
AMAZON COM INC 3.39% 18,840 $3.4M Add +3.2%
JPM JPMorgan Chase & Co. 2.80% 13,993 $2.8M Reduce -0.7%
MRK Merck & Co. Inc. 2.75% 20,853 $2.8M No change
BRK.B Berkshire Hathaway Inc. Class B 2.44% 5,817 $2.4M Add +17.9%
CSX CSX Corp. 2.43% 65,578 $2.4M No change
RTX RTX Corp. 2.13% 21,848 $2.1M Add +1.4%
BAC Bank of America Corp. filed as BANK AMERICA CORP 2.01% 53,008 $2.0M Reduce -3.0%
MDLZ Mondelez International Inc. Class A 1.91% 27,310 $1.9M Reduce -1.7%
BIP Brookfield Infrastructure Pa 1.89% 60,666 $1.9M Reduce -0.2%
AAPL Apple Inc. 1.81% 10,589 $1.8M Reduce -5.6%
JNJ Johnson & Johnson 1.77% 11,190 $1.8M Reduce -2.2%
GPC Genuine Parts Co. 1.75% 11,325 $1.8M Reduce -1.2%
INTC Intel Corp. 1.70% 37,447 $1.7M Add +11.4%
HD Home Depot Inc. 1.68% 4,396 $1.7M No change
IGSB iShares 1-5Y Inv Grade Corp. 1.67% 37,910 $1.7M Add +58.2%
V Visa Inc. Class A 1.64% 5,870 $1.6M Add +14.7%
BN Brookfield Corp. 1.55% 37,133 $1.6M Reduce -4.2%
VCSH Vanguard S/T Corp. Bond ETF 1.53% 19,770 $1.5M Reduce -0.9%
GE General Electric 1.51% 8,588 $1.5M New
XLY SS Consumer Disc Select Sect 1.50% 8,185 $1.5M Add +0.2%
AWK American Water Works Co. Inc. 1.38% 11,340 $1.4M Reduce -1.2%
SCHD Schwab US DVD Equity ETF 1.38% 17,112 $1.4M Add +7.4%
BA The Boeing Co. 1.23% 6,390 $1.2M Reduce -46.0%
CVX Chevron Corp. 1.18% 7,516 $1.2M No change
FCX Freeport-McMoran Inc. 1.16% 24,655 $1.2M No change
COST Costco Wholesale Corp. 1.09% 1,485 $1.1M Add +125.0%
GIS General Mills Inc. 1.06% 15,150 $1.1M No change
CWT California Water Service Grp 1.05% 22,585 $1.0M No change
FLMI Franklin Dynamic Municipal B 1.01% 41,187 $1.0M New
CP Canadian Pacific Kansas City 0.99% 11,284 $995K New
XOM Exxon Mobil Corp. 0.95% 8,201 $953K No change
PM Philip Morris International 0.94% 10,260 $940K Reduce -5.0%
WM Waste Management Inc. 0.90% 4,234 $902K No change
WMT Walmart Inc. 0.84% 13,938 $839K No change
LMT Lockheed Martin Corp. 0.82% 1,800 $819K No change
LLY Eli Lilly & Co. 0.80% 1,035 $805K No change
DLR Digital Realty Trust Inc. 0.75% 5,234 $754K No change
HVT Haverty Furniture 0.75% 22,014 $751K No change
DUK Duke Energy Corp. 0.74% 7,675 $742K No change
CPB The Campbell's Company filed as CAMPBELL SOUP CO 0.72% 16,210 $721K Reduce -4.2%
WLDN Willdan Group Inc. 0.67% 23,165 $672K Add +19.3%
MSI Motorola Solutions Inc. 0.64% 1,804 $640K No change
CMCSA Comcast Corp. Class A 0.62% 14,259 $618K No change
KMB Kimberly-Clark Corp. 0.60% 4,642 $600K Reduce -8.1%
NKE Nike Inc. Class B 0.59% 6,310 $593K No change
ABBV Abbvie Inc. 0.57% 3,110 $566K Reduce -1.4%
XLE SS Energy Select Sector 0.53% 5,650 $533K No change
SO The Southern Co. 0.53% 7,363 $528K No change
NVDA Nvidia Corp. 0.51% 566 $511K No change
CLX Clorox Company 0.49% 3,225 $494K No change
BIPC Brookfield Infrastructure-A 0.49% 13,621 $491K Reduce -2.5%
ETN Eaton Corp. PLC 0.48% 1,525 $477K Reduce -1.0%
VZ Verizon Communications Inc. 0.47% 11,147 $468K Reduce -0.9%
MA Mastercard Inc. Class A 0.43% 895 $431K New
HON Honeywell International Inc. 0.43% 2,075 $426K Reduce -2.6%
XLI SS Industrial Select Sector 0.39% 3,105 $391K No change
ESS Essex Property Trust Inc. 0.38% 1,564 $383K No change
BN Brookfield Asset Mgmt Inc. 0.37% 8,892 $374K Reduce -8.1%
BSCO Invesco Bulletshares 2024 CB 0.37% 17,725 $372K Add +4.4%
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.36% 4,520 $363K No change
RDS.B Shell PLC-Spon ADR-B filed as DUTCH SHELL PLC 0.36% 5,369 $360K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.35% 2,865 $351K Reduce -1.7%
FMS Fresenius Medical Care-ADR 0.35% 17,990 $347K Reduce -1.4%
AIRBNB INC (ABNB 0 03/15/26) 0.33% 3,825 $329K New
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.32% 1,682 $321K Reduce -0.7%
HCC Warrior Met Coal Inc. 0.32% 5,282 $321K No change
CL Colgate-Palmolive Co. 0.30% 3,310 $298K Reduce -3.5%
NVS Novartis AG-Sponsored ADR 0.29% 3,050 $295K Reduce -4.5%
AEP American Electric Power 0.29% 3,425 $295K Reduce -10.5%
VANGUARD WORLD FDS 0.29% 1,190 $291K No change
PFE Pfizer Inc. 0.27% 9,614 $267K No change
IYF iShares US Financials ETF 0.27% 2,775 $265K No change
MCO Moody's Corp. 0.26% 665 $261K New
HPQ HP Inc. 0.26% 8,630 $261K No change
META Meta Platforms Inc. Class A 0.24% 493 $239K Reduce -74.7%
PLTR Palantir Technologies Inc. Class A 0.24% 10,240 $236K Reduce -46.5%
PFF iShares Preferred & Income S 0.23% 8,075 $226K Reduce -44.7%
MMM 3M Co. 0.22% 2,060 $219K Reduce -4.6%
T AT&T Inc. 0.22% 12,316 $217K Add +2.1%
TSLA Tesla Inc. 0.21% 1,210 $213K Reduce -43.1%
MP MP Materials Corp. 0.21% 14,550 $208K Reduce -1.6%
HPE Hewlett Packard Enterprise 0.20% 11,474 $203K No change
DRIV Global X Autonomous&elec-ETF 0.14% 22,790 $137K No change
RWT Redwood Trust Inc. 0.13% 19,794 $126K No change

Portfolio Sells Q4 2023 → Q1 2024
BA The Boeing Co. Reduce -46.0% 1.23% −2.19
AAPL Apple Inc. Reduce -5.6% 1.81% −0.58
META Meta Platforms Inc. Class A Reduce -74.7% 0.24% −0.53
TSLA Tesla Inc. Reduce -43.1% 0.21% −0.37
MDLZ Mondelez International Inc. Class A Reduce -1.7% 1.91% −0.32
AWK American Water Works Co. Inc. Reduce -1.2% 1.38% −0.30
PFF iShares Preferred & Income S Reduce -44.7% 0.23% −0.28
MSFT Microsoft Corp. Reduce -6.5% 4.29% −0.27
SPGI S&P Global Inc. Sold out 0.00% −0.24
BIP Brookfield Infrastructure Pa Reduce -0.2% 1.89% −0.23
JNJ Johnson & Johnson Reduce -2.2% 1.77% −0.22
PM Philip Morris International Reduce -5.0% 0.94% −0.19
VCSH Vanguard S/T Corp. Bond ETF Reduce -0.9% 1.53% −0.19
BX Blackstone Inc. Reduce -0.1% 7.83% −0.19
BN Brookfield Corp. Reduce -4.2% 1.55% −0.17
PLTR Palantir Technologies Inc. Class A Reduce -46.5% 0.24% −0.13
MP MP Materials Corp. Reduce -1.6% 0.21% −0.12
CPB The Campbell's Company Reduce -4.2% 0.72% −0.09
KMB Kimberly-Clark Corp. Reduce -8.1% 0.60% −0.08
FMS Fresenius Medical Care-ADR Reduce -1.4% 0.35% −0.08
HON Honeywell International Inc. Reduce -2.6% 0.43% −0.07
NVS Novartis AG-Sponsored ADR Reduce -4.5% 0.29% −0.06
BN Brookfield Asset Mgmt Inc. Reduce -8.1% 0.37% −0.06
BIPC Brookfield Infrastructure-A Reduce -2.5% 0.49% −0.06
PG The Procter & Gamble Co. Reduce -1.1% 3.63% −0.05
MNKD Mannkind Corp. Sold out 0.00% −0.05
AEP American Electric Power Reduce -10.5% 0.29% −0.05
MMM 3M Co. Reduce -4.6% 0.22% −0.04
BAC Bank of America Corp. Reduce -3.0% 2.01% −0.04
GPC Genuine Parts Co. Reduce -1.2% 1.75% −0.01
CL Colgate-Palmolive Co. Reduce -3.5% 0.30% −0.01
VZ Verizon Communications Inc. Reduce -0.9% 0.47% −0.00
IBM Intl Business Machines Corp. Reduce -0.7% 0.32% +0.01
ABBV Abbvie Inc. Reduce -1.4% 0.57% +0.02
DIS The Walt Disney Co. Reduce -1.7% 0.35% +0.06
ETN Eaton Corp. PLC Reduce -1.0% 0.48% +0.06
JPM JPMorgan Chase & Co. Reduce -0.7% 2.80% +0.14

Portfolio Buys Q4 2023 → Q1 2024
GE General Electric New 1.51% +1.51
GOOGL Alphabet Inc. Class A Add +65.3% 3.53% +1.33
FLMI Franklin Dynamic Municipal B New 1.01% +1.01
CP Canadian Pacific Kansas City New 0.99% +0.99
COST Costco Wholesale Corp. Add +125.0% 1.09% +0.60
BRK.B Berkshire Hathaway Inc. Class B Add +17.9% 2.44% +0.49
MA Mastercard Inc. Class A New 0.43% +0.43
AIRBNB INC (ABNB 0 03/15/26) New 0.33% +0.33
AMAZON COM INC Add +3.2% 3.39% +0.31
IGSB iShares 1-5Y Inv Grade Corp. Add +58.2% 1.67% +0.31
MCO Moody's Corp. New 0.26% +0.26
WLDN Willdan Group Inc. Add +19.3% 0.67% +0.21
V Visa Inc. Class A Add +14.7% 1.64% +0.16
RTX RTX Corp. Add +1.4% 2.13% +0.12
SCHD Schwab US DVD Equity ETF Add +7.4% 1.38% +0.03
T AT&T Inc. Add +2.1% 0.22% −0.01
BSCO Invesco Bulletshares 2024 CB Add +4.4% 0.37% −0.02
VGT Vanguard Info Tech ETF Add +0.4% 4.93% −0.11
XLY SS Consumer Disc Select Sect Add +0.2% 1.50% −0.12
INTC Intel Corp. Add +11.4% 1.70% −0.18

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 109$130.5MVGT, GOOGL, BX, AMZN, AAPL
Q1 2026 98$97.9MAMZN, RTX, AAPL, JPM, MSFT
Q4 2025 102$119.2MBX, VGT, GOOGL, AMZN, MSFT
Q3 2025 101$116.2MBX, VGT, MSFT, GOOGL, JPM
Q2 2025 100$116.8MBX, VGT, AMAZON COM INC, MSFT, COST
Q1 2025 98$109.7MBX, VGT, AMAZON COM INC, GOOGL, MSFT
Q4 2024 96$105.7MBX, VGT, GOOGL, MSFT, AMAZON COM INC
Q3 2024 96$110.4MBX, VGT, MSFT, GOOGL, BIPC
Q2 2024Amended 91$101.3MBX, VGT, MSFT, GOOGL, AMAZON COM INC
Q1 2024 89$100.2MBX, VGT, MSFT, PG, GOOGL