# FERGUSON WELLMAN CAPITAL MANAGEMENT, INC

> Institutional holdings reported to the SEC as of Q3 2026 on Form 13F. CIK 869353. Source: https://holderbook.com/funds/869353-ferguson-wellman-capital-management-inc/

- Reported value: $8.4B
- Positions: 431
- Weight of the ten largest: 38.4%
- Filed: 2026-10-05

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $497.2M | 969,392 | 5.9% | 32 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $455.2M | 1,993,097 | 5.4% | 25 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $437.8M | 1,314,606 | 5.2% | 32 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $422.7M | 1,228,522 | 5.0% | 32 |
| ISHARES TR | [ACWX](https://holderbook.com/stocks/ACWX/) | $407.2M | 5,384,860 | 4.9% | 3 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $247.6M | 705,022 | 3.0% | 32 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $201.6M | 609,443 | 2.4% | 32 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $187.7M | 753,345 | 2.2% | 32 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $186.2M | 911,718 | 2.2% | 32 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $176.5M | 666,675 | 2.1% | 32 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $172.2M | 658,136 | 2.1% | 32 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $169.8M | 221,720 | 2.0% | 32 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $169.5M | 1,793,022 | 2.0% | 3 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $168.8M | 1,568,413 | 2.0% | 32 |
| ISHARES TR | [MBB](https://holderbook.com/stocks/MBB/) | $153.3M | 1,711,063 | 1.8% | 3 |
| STATE STR CORP | [STT](https://holderbook.com/stocks/STT/) | $139.4M | 798,247 | 1.7% | 29 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $129.9M | 361,614 | 1.6% | 32 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $119.8M | 824,922 | 1.4% | 32 |
| PARKER-HANNIFIN CORP | [PH](https://holderbook.com/stocks/PH/) | $106.9M | 111,839 | 1.3% | 25 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $106.7M | 100,197 | 1.3% | 7 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $102.7M | 243,747 | 1.2% | 32 |
| ENTERGY CORP NEW | [ETR](https://holderbook.com/stocks/ETR/) | $100.2M | 1,009,045 | 1.2% | 32 |
| INGERSOLL-RAND PLC | [IRXXXX](https://holderbook.com/stocks/IRXXXX/) | $99.3M | 219,660 | 1.2% | 32 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $91.6M | 480,163 | 1.1% | 32 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $85.6M | 139,980 | 1.0% | 6 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $84.3M | 212,179 | 1.0% | 22 |
| AMERICAN ELEC PWR CO INC | [AEP](https://holderbook.com/stocks/AEP/) | $83.1M | 700,054 | 1.0% | 26 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $79.4M | 991,358 | 0.9% | 32 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $74.5M | 716,949 | 0.9% | 32 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $74.0M | 266,279 | 0.9% | 3 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $72.3M | 99,735 | 0.9% | 32 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $72.0M | 887,182 | 0.9% | 3 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $70.5M | 247,876 | 0.8% | 32 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $69.0M | 706,350 | 0.8% | 24 |
| FREEPORT-MCMORAN INC | [FCX](https://holderbook.com/stocks/FCX/) | $68.0M | 971,430 | 0.8% | 3 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $66.4M | 501,901 | 0.8% | 32 |
| CENCORA INC | [COR](https://holderbook.com/stocks/COR/) | $64.8M | 215,819 | 0.8% | 18 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $61.7M | 143,506 | 0.7% | 32 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $58.7M | 86,904 | 0.7% | 32 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $55.3M | 139,336 | 0.7% | 32 |
| VANGUARD MUN BD FDS | [VTEI](https://holderbook.com/stocks/VTEI/) | $55.1M | 578,161 | 0.7% | 3 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $54.3M | 118,993 | 0.6% | 3 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $54.1M | 287,906 | 0.6% | 32 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $53.7M | 369,628 | 0.6% | 32 |
| VERALTO CORP | [VLTO](https://holderbook.com/stocks/VLTO/) | $50.2M | 531,988 | 0.6% | 1 |
| AMERICAN INTL GROUP INC | [AIG](https://holderbook.com/stocks/AIG/) | $46.4M | 623,972 | 0.6% | 15 |
| SELECT SECTOR SPDR TR | [XLI](https://holderbook.com/stocks/XLI/) | $42.7M | 255,600 | 0.5% | 32 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $42.3M | 155,367 | 0.5% | 32 |
| EQUITY RESIDENTIAL | [EQR](https://holderbook.com/stocks/EQR/) | $42.1M | 692,560 | 0.5% | 1 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $41.5M | 267,331 | 0.5% | 32 |
| SUMITOMO MITSUI FIN GRP INC | [SMFG](https://holderbook.com/stocks/SMFG/) | $41.5M | 1,599,915 | 0.5% | 3 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $38.5M | 137,548 | 0.5% | 32 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $38.2M | 1,563,654 | 0.5% | 32 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $37.7M | 231,681 | 0.4% | 1 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $36.8M | 270,221 | 0.4% | 3 |
| BLACKROCK INC | [BLK](https://holderbook.com/stocks/BLK/) | $35.2M | 33,276 | 0.4% | 9 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $33.8M | 67,854 | 0.4% | 32 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $33.0M | 149,905 | 0.4% | 32 |
| SIEMENS A G            FSPONSORED ADR           1 ADR REPS  0.5  ORD SHS | [SIEGY](https://holderbook.com/stocks/SIEGY/) | $32.6M | 210,132 | 0.4% | 3 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $31.1M | 60,127 | 0.4% | 2 |
| EAST WEST BANCORP INC | [EWBC](https://holderbook.com/stocks/EWBC/) | $29.5M | 237,863 | 0.4% | 26 |
| BARCLAYS PLC | [BCS](https://holderbook.com/stocks/BCS/) | $29.1M | 1,200,203 | 0.3% | 3 |
| CBRE GROUP INC | [CBRE](https://holderbook.com/stocks/CBRE/) | $28.2M | 219,677 | 0.3% | 7 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $28.1M | 612,945 | 0.3% | 32 |
| Safran SA | [SAFRY](https://holderbook.com/stocks/SAFRY/) | $28.1M | 299,022 | 0.3% | 1 |
| CELESTICA INC | [CLS](https://holderbook.com/stocks/CLS/) | $27.8M | 76,975 | 0.3% | 1 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $27.4M | 80,378 | 0.3% | 32 |
| SONY GROUP CORP | [SONY](https://holderbook.com/stocks/SONY/) | $27.4M | 1,163,910 | 0.3% | 3 |
| NOVARTIS AG | [NVS](https://holderbook.com/stocks/NVS/) | $26.4M | 185,430 | 0.3% | 3 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $25.5M | 414,688 | 0.3% | 32 |
| MCKESSON CORP | [MCK](https://holderbook.com/stocks/MCK/) | $24.5M | 28,674 | 0.3% | 5 |
| NATIONAL GRID PLC | [NGG](https://holderbook.com/stocks/NGG/) | $24.1M | 317,204 | 0.3% | 3 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $23.7M | 20,500 | 0.3% | 32 |
| HONEYWELL INTL INC | [HON](https://holderbook.com/stocks/HON/) | $23.3M | 110,675 | 0.3% | 2 |
| CANADIAN NAT RES LTD MED TER | [CNQ](https://holderbook.com/stocks/CNQ/) | $23.0M | 489,147 | 0.3% | 3 |
| DOMINOS PIZZA INC | [DPZ](https://holderbook.com/stocks/DPZ/) | $22.5M | 75,259 | 0.3% | 32 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $22.4M | 96,974 | 0.3% | 32 |
| BHP BILLITON LIMITED | [BHP](https://holderbook.com/stocks/BHP/) | $22.2M | 261,230 | 0.3% | 3 |
| SOUTHERN COPPER CORP | [SCCO](https://holderbook.com/stocks/SCCO/) | $21.6M | 106,792 | 0.3% | 3 |
| KINDER MORGAN INC DEL | [KMI](https://holderbook.com/stocks/KMI/) | $21.6M | 717,507 | 0.3% | 27 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $21.2M | 79,904 | 0.3% | 15 |
| AXA SA | [AXAHY](https://holderbook.com/stocks/AXAHY/) | $20.6M | 430,159 | 0.2% | 3 |
| AMERIPRISE FINL INC | [AMP](https://holderbook.com/stocks/AMP/) | $19.7M | 40,072 | 0.2% | 32 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $18.9M | 20,747 | 0.2% | 32 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $17.8M | 23,304 | 0.2% | 32 |
| VANECK ETF TRUST | [SMH](https://holderbook.com/stocks/SMH/) | $17.3M | 28,408 | 0.2% | 6 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $17.0M | 86,878 | 0.2% | 32 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $16.8M | 33,036 | 0.2% | 32 |
| ISHARES TR | [EAGG](https://holderbook.com/stocks/EAGG/) | $16.7M | 368,424 | 0.2% | 3 |
| METLIFE INC | [MET](https://holderbook.com/stocks/MET/) | $16.2M | 171,583 | 0.2% | 32 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $15.5M | 19,140 | 0.2% | 32 |
| ISHARES INC | [ESGE](https://holderbook.com/stocks/ESGE/) | $15.2M | 280,372 | 0.2% | 3 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $14.7M | 247,766 | 0.2% | 3 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $14.5M | 205,477 | 0.2% | 3 |
| IMPERIAL BRANDS PLC    F | [IMBBY](https://holderbook.com/stocks/IMBBY/) | $13.4M | 413,385 | 0.2% | 1 |
| ISHARES TR | [IYG](https://holderbook.com/stocks/IYG/) | $13.2M | 147,151 | 0.2% | 32 |
| ISHARES TR | [ITA](https://holderbook.com/stocks/ITA/) | $12.6M | 60,788 | 0.2% | 17 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $12.4M | 33,137 | 0.1% | 27 |
| ISHARES TR | [GVI](https://holderbook.com/stocks/GVI/) | $11.9M | 115,736 | 0.1% | 3 |
| ISHARES TR | [ESGU](https://holderbook.com/stocks/ESGU/) | $10.7M | 63,995 | 0.1% | 32 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +11.1% | +14.8% | -3.7% | 99% |
| Q1 2026 | -3.1% | -4.6% | +1.5% | 99% |
| Q4 2025 | +2.4% | +2.4% | +0.1% | 99% |
| Q3 2025 | +6.7% | +7.8% | -1.1% | 100% |
| Q2 2025 | +8.7% | +10.5% | -1.8% | 100% |
| Q1 2025 | -3.3% | -4.6% | +1.3% | 100% |
| Q4 2024 | +2.6% | +2.1% | +0.4% | 100% |
| Q3 2024 | +5.6% | +5.4% | +0.2% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2026 | $8.4B | 431 |
| Q2 2026 | $8.2B | 442 |
| Q1 2026 | $7.3B | 406 |
| Q4 2025 | $6.2B | 358 |
| Q3 2025 | $6.2B | 354 |
| Q2 2025 | $5.7B | 339 |
| Q1 2025 | $5.2B | 357 |
| Q4 2024 | $5.3B | 345 |
| Q3 2024 | $5.2B | 358 |
| Q2 2024 | $4.9B | 354 |
| Q1 2024 | $4.9B | 368 |
| Q4 2023 | $4.5B | 362 |