Wulff, Hansen & Co.

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 7, 2026), Wulff, Hansen & Co. reported 98 stock positions worth $97.9 million. Its top holding was Amazon.com (AMZN) at 4.2% of the portfolio, followed by RTX (RTX, 4.2%) and Apple (AAPL, 3.9%). Compared with Q4 2025, it opened 2 new positions, sold out of 6, added to 16 and reduced 21. The biggest buy was Costco Wholesale (COST, shares +1%) and the biggest sale an exit from Blackstone (BX).

Most Recent 13F
Q2 2026
Location
SAN RAFAEL, CA
CIK
0000108634
Portfolio Value
$97.9M (Q1 2026)
SEC Filing
0000108634-26-000013 ↗ filed May 7, 2026

Holdings Value

0$50.0M$100.0M$150.0M Q1 2024: $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 $97.9M Q1 2026 Q2 2026: $130.5M Q2 2026

Holdings 98 stocks · $97.9M
AMZN Amazon.com Inc. 4.19% 19,715 $4.1M Add +1.5%
RTX RTX Corp. 4.18% 21,227 $4.1M No change
AAPL Apple Inc. 3.88% 14,970 $3.8M Add +0.3%
JPM JPMorgan Chase & Co. 3.64% 12,101 $3.6M No change
MSFT Microsoft Corp. 3.56% 9,415 $3.5M Add +2.3%
PG The Procter & Gamble Co. 2.89% 19,619 $2.8M Reduce -0.9%
GE General Electric filed as GE AEROSPACE 2.66% 9,180 $2.6M Add +0.4%
CSX CSX Corp. 2.44% 58,303 $2.4M Reduce -1.3%
JNJ Johnson & Johnson 2.34% 9,385 $2.3M Reduce -0.9%
BAC Bank of America Corp. filed as BANK AMERICA CORP 2.20% 44,128 $2.2M Reduce -1.2%
MRK Merck & Co. Inc. 2.15% 17,525 $2.1M No change
COST Costco Wholesale Corp. 2.08% 2,047 $2.0M Add +1.4%
BN Brookfield Corp. 2.03% 49,190 $2.0M No change
BIP Brookfield Infrastructure Pa 1.89% 51,106 $1.8M No change
BRK.B Berkshire Hathaway Inc. Class B 1.87% 3,822 $1.8M Add +1.6%
SCHD Schwab US DVD Equity ETF 1.70% 54,273 $1.7M Add +5.0%
PM Philip Morris International 1.69% 10,025 $1.7M Reduce -0.6%
GEV GE Vernova Inc. 1.59% 1,784 $1.6M No change
XLY SS Consumer Disc Select Sect 1.57% 14,143 $1.5M Add +0.3%
V Visa Inc. Class A 1.56% 5,065 $1.5M Add +0.2%
CVX Chevron Corp. 1.55% 7,355 $1.5M Reduce -1.6%
FCX Freeport-McMoran Inc. 1.55% 25,799 $1.5M No change
NVDA Nvidia Corp. 1.52% 8,519 $1.5M Reduce -2.7%
XOM Exxon Mobil Corp. 1.37% 7,895 $1.3M No change
WMT Walmart Inc. 1.36% 10,733 $1.3M No change
HD Home Depot Inc. 1.36% 4,054 $1.3M No change
AWK American Water Works Co. Inc. 1.32% 9,475 $1.3M No change
LMT Lockheed Martin Corp. 1.30% 2,112 $1.3M No change
MDLZ Mondelez International Inc. Class A 1.28% 21,780 $1.3M Reduce -3.3%
CAT Caterpillar Inc. 1.26% 1,745 $1.2M Reduce -7.9%
WLDN Willdan Group Inc. 1.20% 15,389 $1.2M Reduce -12.1%
VOO Vanguard S&P 500 ETF 1.20% 1,971 $1.2M Add +2.1%
GPC Genuine Parts Co. 1.12% 10,355 $1.1M Add +0.2%
BA The Boeing Co. 1.11% 5,450 $1.1M Reduce -0.0%
VCSH Vanguard S/T Corp. Bond ETF 1.10% 13,530 $1.1M Reduce -3.0%
DUK Duke Energy Corp. 1.06% 7,950 $1.0M No change
FLMI Franklin Dynamic Municipal B 1.04% 41,187 $1.0M No change
AVGO Broadcom Inc. 0.96% 3,045 $942K No change
WM Waste Management Inc. 0.91% 3,893 $895K No change
DLR Digital Realty Trust Inc. 0.91% 4,961 $894K No change
SPSM SS SPDR P S&P 600 Small Cap 0.91% 18,455 $892K No change
CWT California Water Service Grp 0.90% 19,375 $878K Reduce -1.3%
IGSB iShares 1-5Y Inv Grade Corp. 0.82% 15,255 $802K Reduce -3.4%
MP MP Materials Corp. 0.81% 16,451 $794K No change
QQQ Invesco QQQ Trust Series 1 0.79% 1,335 $771K No change
SO The Southern Co. 0.73% 7,383 $713K Reduce -3.5%
HCC Warrior Met Coal Inc. 0.66% 6,963 $649K No change
HVT Haverty Furniture 0.66% 30,522 $646K No change
XLE SS Energy Select Sector 0.66% 10,540 $646K No change
MSI Motorola Solutions Inc. 0.66% 1,481 $643K No change
ABBV Abbvie Inc. 0.59% 2,660 $579K No change
CP Canadian Pacific Kansas City 0.57% 7,039 $554K No change
VZ Verizon Communications Inc. 0.55% 10,671 $536K No change
INTC Intel Corp. 0.54% 11,896 $525K Reduce -7.2%
SHEL Shell PLC-ADR 0.53% 5,611 $522K No change
ITA iShares U.S. Aerospace & Def 0.52% 2,337 $511K No change
LLY Eli Lilly & Co. 0.52% 555 $510K No change
MA Mastercard Inc. Class A 0.51% 980 $495K Add +12.0%
GIS General Mills Inc. 0.50% 13,140 $489K No change
XLI SS Industrial Select Sector 0.50% 3,010 $487K No change
HII Huntington Ingalls Industrie 0.47% 1,222 $464K No change
ETN Eaton Corp. PLC 0.46% 1,255 $449K No change
AEP American Electric Power 0.45% 3,390 $444K No change
DE Deere & Co. 0.45% 785 $442K Reduce -3.7%
NVS Novartis AG-Sponsored ADR 0.45% 2,865 $438K No change
HON Honeywell International Inc. 0.44% 1,900 $429K No change
SCHG Schwab US Large-Cap Growth 0.43% 14,515 $423K Add +9.4%
IEFA iShares Core MSCI Eafe ETF 0.42% 4,585 $415K No change
TSLA Tesla Inc. 0.42% 1,112 $413K Add +8.0%
IEMG iShares Core MSCI Emerging 0.41% 5,804 $405K No change
ESS Essex Property Trust Inc. 0.39% 1,564 $378K No change
VIS Vanguard Industrials ETF 0.38% 1,190 $372K No change
LIN Linde PLC 0.35% 720 $347K Reduce -5.8%
CPB The Campbell's Company 0.35% 15,580 $347K No change
BAM Brookfield Asset Mgmt-A 0.35% 7,687 $342K Reduce -1.8%
PFF iShares Preferred & Income S 0.34% 11,025 $334K Reduce -6.6%
EWC iShares MSCI Canada ETF 0.34% 6,052 $332K No change
CLX Clorox Company 0.34% 3,185 $330K No change
IYF iShares US Financials ETF 0.33% 2,775 $327K No change
PFE Pfizer Inc. 0.33% 11,475 $322K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.33% 1,327 $322K No change
VB Vanguard Most SM-Cap ETF-Usd 0.33% 1,225 $321K No change
GH Guardant Health Inc. 0.30% 3,185 $294K No change
BIPC Brookfield Infrastructure-A 0.30% 7,373 $291K Reduce -1.1%
MCO Moody's Corp. 0.29% 655 $286K Add +1.6%
CL Colgate-Palmolive Co. 0.29% 3,310 $282K No change
GSL Global Ship Lease Inc. Class A 0.26% 6,805 $253K No change
GWW WW Grainger Inc. 0.26% 230 $251K No change
META Meta Platforms Inc. Class A 0.25% 430 $246K Add +34.4%
XLF SS Financial Select Sector 0.24% 4,855 $240K No change
MMM 3M Co. 0.24% 1,635 $237K No change
CMCSA Comcast Corp. Class A 0.24% 8,164 $234K No change
CLH Clean Harbors Inc. 0.22% 768 $220K New
BMRC Bank of Marin Bancorp 0.22% 8,542 $219K No change
AXP American Express Co. 0.21% 686 $208K No change
GLW Corning Inc. 0.21% 1,484 $202K New
SGOV iShares 0-3 Month Treasury B 0.21% 2,000 $201K No change
GBTG Global Business Travel Group 0.13% 23,126 $129K No change

Portfolio Sells Q4 2025 → Q1 2026
BX Blackstone Inc. Sold out 0.00% −6.74
VGT Vanguard Info Tech ETF Sold out 0.00% −5.54
GOOGL Alphabet Inc. Class A Sold out 0.00% −5.11
WLDN Willdan Group Inc. Reduce -12.1% 1.20% −0.32
DHR Danaher Corp. Sold out 0.00% −0.20
FISV Fiserv Inc. Sold out 0.00% −0.17
HPQ HP Inc. Sold out 0.00% −0.17
BAM Brookfield Asset Mgmt-A Reduce -1.8% 0.35% +0.00
BIPC Brookfield Infrastructure-A Reduce -1.1% 0.30% +0.01
PFF iShares Preferred & Income S Reduce -6.6% 0.34% +0.03
LIN Linde PLC Reduce -5.8% 0.35% +0.08
BA The Boeing Co. Reduce -0.0% 1.11% +0.12
IGSB iShares 1-5Y Inv Grade Corp. Reduce -3.4% 0.82% +0.12
DE Deere & Co. Reduce -3.7% 0.45% +0.13
BAC Bank of America Corp. Reduce -1.2% 2.20% +0.14
INTC Intel Corp. Reduce -7.2% 0.54% +0.14
NVDA Nvidia Corp. Reduce -2.7% 1.52% +0.15
VCSH Vanguard S/T Corp. Bond ETF Reduce -3.0% 1.10% +0.16
SO The Southern Co. Reduce -3.5% 0.73% +0.17
CWT California Water Service Grp Reduce -1.3% 0.90% +0.18
MDLZ Mondelez International Inc. Class A Reduce -3.3% 1.28% +0.26
PM Philip Morris International Reduce -0.6% 1.69% +0.34
CAT Caterpillar Inc. Reduce -7.9% 1.26% +0.35
PG The Procter & Gamble Co. Reduce -0.9% 2.89% +0.51
CVX Chevron Corp. Reduce -1.6% 1.55% +0.60
CSX CSX Corp. Reduce -1.3% 2.44% +0.65
JNJ Johnson & Johnson Reduce -0.9% 2.34% +0.70

Portfolio Buys Q4 2025 → Q1 2026
COST Costco Wholesale Corp. Add +1.4% 2.08% +0.62
SCHD Schwab US DVD Equity ETF Add +5.0% 1.70% +0.51
AAPL Apple Inc. Add +0.3% 3.88% +0.48
AMZN Amazon.com Inc. Add +1.5% 4.19% +0.43
GE General Electric Add +0.4% 2.66% +0.30
BRK.B Berkshire Hathaway Inc. Class B Add +1.6% 1.87% +0.28
CLH Clean Harbors Inc. New 0.22% +0.22
GLW Corning Inc. New 0.21% +0.21
VOO Vanguard S&P 500 ETF Add +2.1% 1.20% +0.19
XLY SS Consumer Disc Select Sect Add +0.3% 1.57% +0.16
MA Mastercard Inc. Class A Add +12.0% 0.51% +0.09
V Visa Inc. Class A Add +0.2% 1.56% +0.08
META Meta Platforms Inc. Class A Add +34.4% 0.25% +0.07
SCHG Schwab US Large-Cap Growth Add +9.4% 0.43% +0.07
GPC Genuine Parts Co. Add +0.2% 1.12% +0.05
TSLA Tesla Inc. Add +8.0% 0.42% +0.03
MCO Moody's Corp. Add +1.6% 0.29% +0.02
MSFT Microsoft Corp. Add +2.3% 3.56% −0.17

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