Wulff, Hansen & Co.

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Wulff, Hansen & Co. reported 91 stock positions worth $101.3 million. Its top holding was Blackstone (BX) at 7.2% of the portfolio, followed by Vanguard Info Tech ETF (VGT, 5.3%) and Microsoft (MSFT, 4.8%). Compared with Q1 2024, it opened 3 new positions, sold out of 2, added to 14 and reduced 29. The biggest buy was Alphabet Class A (GOOGL, shares +4%) and the biggest sale Intel (INTC, shares −18%).

Most Recent 13F
Q2 2026
Location
SAN RAFAEL, CA
CIK
0000108634
Portfolio Value
$101.3M (Q2 2024)
SEC Filing
0000108634-24-000009 ↗ filed Aug 14, 2024

Holdings Value

0$50.0M$100.0M$150.0M Q1 2024: $100.2M Q1 2024 Q2 2024: $101.3M $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 91 stocks · $101.3M
BX Blackstone Inc. 7.25% 59,296 $7.3M Reduce -0.7%
VGT Vanguard Info Tech ETF 5.27% 9,263 $5.3M Reduce -1.6%
MSFT Microsoft Corp. 4.77% 10,817 $4.8M Add +5.8%
GOOGL Alphabet Inc. Class A 4.38% 24,344 $4.4M Add +3.8%
AMAZON COM INC 3.83% 20,100 $3.9M Add +6.7%
PG The Procter & Gamble Co. 3.63% 22,289 $3.7M Reduce -0.6%
JPM JPMorgan Chase & Co. 2.77% 13,851 $2.8M Reduce -1.0%
MRK Merck & Co. Inc. 2.46% 20,147 $2.5M Reduce -3.4%
BRK.B Berkshire Hathaway Inc. Class B 2.34% 5,817 $2.4M No change
AAPL Apple Inc. 2.25% 10,844 $2.3M Add +2.4%
CSX CSX Corp. 2.16% 65,538 $2.2M Reduce -0.1%
RTX RTX Corp. 2.15% 21,668 $2.2M Reduce -0.8%
BAC Bank of America Corp. filed as BANK AMERICA CORP 2.00% 50,923 $2.0M Reduce -3.9%
MDLZ Mondelez International Inc. Class A 1.73% 26,755 $1.8M Reduce -2.0%
JNJ Johnson & Johnson 1.60% 11,120 $1.6M Reduce -0.6%
BIP Brookfield Infrastructure Pa 1.59% 58,872 $1.6M Reduce -3.0%
GE General Electric filed as GE AEROSPACE 1.59% 10,153 $1.6M Add +18.2%
V Visa Inc. Class A 1.57% 6,050 $1.6M Add +3.1%
GPC Genuine Parts Co. 1.55% 11,325 $1.6M No change
BN Brookfield Corp. 1.52% 37,133 $1.5M No change
XLY SS Consumer Disc Select Sect 1.47% 8,185 $1.5M No change
HD Home Depot Inc. 1.46% 4,296 $1.5M Reduce -2.3%
COST Costco Wholesale Corp. 1.46% 1,735 $1.5M Add +16.8%
VCSH Vanguard S/T Corp. Bond ETF 1.45% 19,030 $1.5M Reduce -3.7%
AWK American Water Works Co. Inc. 1.45% 11,340 $1.5M No change
SCHD Schwab US DVD Equity ETF 1.44% 18,717 $1.5M Add +9.4%
IGSB iShares 1-5Y Inv Grade Corp. 1.20% 23,655 $1.2M Reduce -37.6%
FCX Freeport-McMoran Inc. 1.18% 24,655 $1.2M No change
CVX Chevron Corp. 1.16% 7,516 $1.2M No change
CWT California Water Service Grp 1.04% 21,730 $1.1M Reduce -3.8%
PM Philip Morris International 1.03% 10,260 $1.0M No change
LMT Lockheed Martin Corp. 1.01% 2,186 $1.0M Add +21.4%
FLMI Franklin Dynamic Municipal B 0.99% 41,187 $1.0M No change
BA The Boeing Co. 0.96% 5,315 $967K Reduce -16.8%
INTC Intel Corp. 0.93% 30,532 $946K Reduce -18.5%
GIS General Mills Inc. 0.93% 14,945 $945K Reduce -1.4%
XOM Exxon Mobil Corp. 0.93% 8,201 $944K No change
WMT Walmart Inc. 0.93% 13,938 $944K No change
CP Canadian Pacific Kansas City 0.93% 11,984 $944K Add +6.2%
LLY Eli Lilly & Co. 0.93% 1,035 $937K No change
WM Waste Management Inc. 0.86% 4,069 $868K Reduce -3.9%
DLR Digital Realty Trust Inc. 0.79% 5,234 $796K No change
DUK Duke Energy Corp. 0.76% 7,675 $769K No change
NVDA Nvidia Corp. 0.75% 6,160 $761K Add +8.8%
SPSM SS SPDR P S&P 600 Small Cap 0.73% 17,745 $737K New
CPB The Campbell's Company filed as CAMPBELL SOUP CO 0.72% 16,210 $733K No change
MSI Motorola Solutions Inc. 0.69% 1,804 $696K No change
WLDN Willdan Group Inc. 0.66% 23,165 $668K No change
KMB Kimberly-Clark Corp. 0.63% 4,642 $642K No change
HVT Haverty Furniture 0.57% 22,662 $573K Add +2.9%
SO The Southern Co. 0.56% 7,363 $571K No change
CMCSA Comcast Corp. Class A 0.55% 14,259 $558K No change
XLE SS Energy Select Sector 0.51% 5,650 $515K No change
ETN Eaton Corp. PLC 0.47% 1,525 $478K No change
ABBV Abbvie Inc. 0.47% 2,770 $475K Reduce -10.9%
VZ Verizon Communications Inc. 0.45% 10,998 $454K Reduce -1.3%
PFF iShares Preferred & Income S 0.44% 14,245 $449K Add +76.4%
CLX Clorox Company 0.43% 3,225 $440K No change
ESS Essex Property Trust Inc. 0.42% 1,564 $426K No change
NKE Nike Inc. Class B 0.41% 5,530 $417K Reduce -12.4%
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.40% 4,520 $405K No change
RDS.B Shell PLC-Spon ADR-B filed as DUTCH SHELL PLC 0.38% 5,369 $388K No change
XLI SS Industrial Select Sector 0.37% 3,105 $378K No change
BSCO Invesco Bulletshares 2024 CB 0.37% 17,725 $373K No change
VB Vanguard Most SM-Cap ETF-Usd 0.35% 1,640 $358K New
PLTR Palantir Technologies Inc. Class A 0.34% 13,565 $344K Add +32.5%
FMS Fresenius Medical Care-ADR 0.34% 17,990 $343K No change
MA Mastercard Inc. Class A 0.33% 765 $337K Reduce -14.5%
BN Brookfield Asset Mgmt Inc. 0.33% 8,836 $336K Reduce -0.6%
HCC Warrior Met Coal Inc. 0.33% 5,282 $332K No change
NVS Novartis AG-Sponsored ADR 0.32% 3,045 $324K Reduce -0.2%
CL Colgate-Palmolive Co. 0.32% 3,310 $321K No change
GEV GE Vernova Inc. 0.31% 1,846 $317K Reduce -14.0%
BIPC Brookfield Infrastructure-A 0.30% 9,141 $308K Reduce -32.9%
HPQ HP Inc. 0.30% 8,630 $302K No change
AEP American Electric Power 0.30% 3,425 $301K No change
XAR SS SPDR S&P Aerospace Def 0.29% 2,244 $296K New
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.29% 1,682 $291K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.28% 2,865 $284K No change
MCO Moody's Corp. 0.28% 665 $280K No change
VANGUARD WORLD FDS 0.28% 1,190 $280K No change
PFE Pfizer Inc. 0.27% 9,614 $269K No change
IYF iShares US Financials ETF 0.26% 2,775 $262K No change
META Meta Platforms Inc. Class A 0.25% 493 $249K No change
TSLA Tesla Inc. 0.24% 1,210 $239K No change
HPE Hewlett Packard Enterprise 0.23% 11,149 $236K Reduce -2.8%
T AT&T Inc. 0.21% 11,321 $216K Reduce -8.1%
MMM 3M Co. 0.21% 2,060 $211K No change
MP MP Materials Corp. 0.18% 14,550 $185K No change
RWT Redwood Trust Inc. 0.13% 19,794 $128K No change
HON Honeywell International Inc. 0.04% 2,075 $44K No change

Portfolio Sells Q1 2024 → Q2 2024
INTC Intel Corp. Reduce -18.5% 0.93% −0.76
BX Blackstone Inc. Reduce -0.7% 7.25% −0.59
IGSB iShares 1-5Y Inv Grade Corp. Reduce -37.6% 1.20% −0.47
AIRBNB INC (ABNB 0 03/15/26) Sold out 0.00% −0.33
BIP Brookfield Infrastructure Pa Reduce -3.0% 1.59% −0.30
MRK Merck & Co. Inc. Reduce -3.4% 2.46% −0.28
BA The Boeing Co. Reduce -16.8% 0.96% −0.28
CSX CSX Corp. Reduce -0.1% 2.16% −0.26
HD Home Depot Inc. Reduce -2.3% 1.46% −0.22
BIPC Brookfield Infrastructure-A Reduce -32.9% 0.30% −0.19
NKE Nike Inc. Class B Reduce -12.4% 0.41% −0.18
MDLZ Mondelez International Inc. Class A Reduce -2.0% 1.73% −0.18
JNJ Johnson & Johnson Reduce -0.6% 1.60% −0.16
DRIV Global X Autonomous&elec-ETF Sold out 0.00% −0.14
GIS General Mills Inc. Reduce -1.4% 0.93% −0.13
MA Mastercard Inc. Class A Reduce -14.5% 0.33% −0.10
ABBV Abbvie Inc. Reduce -10.9% 0.47% −0.10
VCSH Vanguard S/T Corp. Bond ETF Reduce -3.7% 1.45% −0.07
GEV GE Vernova Inc. Reduce -14.0% 0.31% −0.06
WM Waste Management Inc. Reduce -3.9% 0.86% −0.04
BN Brookfield Asset Mgmt Inc. Reduce -0.6% 0.33% −0.04
JPM JPMorgan Chase & Co. Reduce -1.0% 2.77% −0.03
VZ Verizon Communications Inc. Reduce -1.3% 0.45% −0.02
CWT California Water Service Grp Reduce -3.8% 1.04% −0.01
BAC Bank of America Corp. Reduce -3.9% 2.00% −0.01
PG The Procter & Gamble Co. Reduce -0.6% 3.63% −0.00
T AT&T Inc. Reduce -8.1% 0.21% −0.00
RTX RTX Corp. Reduce -0.8% 2.15% +0.02
NVS Novartis AG-Sponsored ADR Reduce -0.2% 0.32% +0.03
HPE Hewlett Packard Enterprise Reduce -2.8% 0.23% +0.03
VGT Vanguard Info Tech ETF Reduce -1.6% 5.27% +0.35

Portfolio Buys Q1 2024 → Q2 2024
GOOGL Alphabet Inc. Class A Add +3.8% 4.38% +0.84
SPSM SS SPDR P S&P 600 Small Cap New 0.73% +0.73
MSFT Microsoft Corp. Add +5.8% 4.77% +0.48
AAPL Apple Inc. Add +2.4% 2.25% +0.44
AMAZON COM INC Add +6.7% 3.83% +0.44
COST Costco Wholesale Corp. Add +16.8% 1.46% +0.37
VB Vanguard Most SM-Cap ETF-Usd New 0.35% +0.35
XAR SS SPDR S&P Aerospace Def New 0.29% +0.29
NVDA Nvidia Corp. Add +8.8% 0.75% +0.24
PFF iShares Preferred & Income S Add +76.4% 0.44% +0.22
LMT Lockheed Martin Corp. Add +21.4% 1.01% +0.19
PLTR Palantir Technologies Inc. Class A Add +32.5% 0.34% +0.10
GE General Electric Add +18.2% 1.59% +0.09
SCHD Schwab US DVD Equity ETF Add +9.4% 1.44% +0.06
CP Canadian Pacific Kansas City Add +6.2% 0.93% −0.06
V Visa Inc. Class A Add +3.1% 1.57% −0.07
HVT Haverty Furniture Add +2.9% 0.57% −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