SEC 13F Intelligence

Managers / Q4 2023 · view latest →

FERGUSON WELLMAN CAPITAL MANAGEMENT, INC

CIK 0000869353 · 888 SW 5TH AVE, STE 1200, PORTLAND, OR, 97204 · 5032261444

Reported Value
$4.5B
Q4 2023
Positions
363
Filings on Record
31
2019–present window
Filed
Jan 11, 2024
original filing

Summary

Ferguson Wellman Capital Management, Inc reported $4.5B in U.S.-listed holdings across 363 positions for Q4 2023.

Its largest position, MSFT, represents 8.0% of the portfolio.

Compared with Q3 2023, the fund opened 20 new positions and exited 7.

Portfolio Metrics

Turnover
+4.3%
vs prior filed quarter
Top-10 Concentration
+35.6%
share of reported value
Largest Position
+8.0%
Microsoft
New / Exited
20 / 7
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $2.6BQ4 ’18Q1 ’19: $2.9BQ2 ’19: $3.0BQ3 ’19: $3.1BQ4 ’19: $3.4BQ4 ’19Q1 ’20: $2.7BQ2 ’20: $3.3BQ3 ’20: $3.6BQ4 ’20: $4.1BQ4 ’20Q1 ’21: $2.9BQ2 ’21: $3.1BQ3 ’21: $3.1BQ4 ’21: $3.4BQ4 ’21Q1 ’22: $3.2BQ2 ’22: $2.7BQ3 ’22: $2.6BQ2 ’23: $4.3BQ2 ’23Q3 ’23: $4.1BQ4 ’23: $4.5BQ1 ’24: $4.9BQ2 ’24: $4.9BQ2 ’24Q3 ’24: $5.2BQ4 ’24: $5.3BQ1 ’25: $5.2BQ2 ’25: $5.7BQ2 ’25Q3 ’25: $6.2BQ4 ’25: $6.2BQ1 ’26: $7.3Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 87.9%Other: 4.6%ETP: 4.4%REIT: 1.6%Open-End Fund: 1.5%Other: 0.0%
  • Common Stock · 87.9% · $3.9B
  • Other · 4.6% · $204M
  • ETP · 4.4% · $195M
  • REIT · 1.6% · $72M
  • Open-End Fund · 1.5% · $69M
  • Other · 0.0% · $612,841

Quarter-over-Quarter Changes full breakdown →

vs Q3 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
NOWServiceNow IncNEW+52.1K52.1K+$37M$37M
iShares U.S. TelecommunicationNEW+51.0K51.0K+$1M$1M
Global X US Infrastructure DevNEW+21.6K21.6K+$744,675$744,675
MARMarriott International CL ANEW+3.0K3.0K+$670,216$670,216
MLMMartin Marietta MaterialsNEW+1.0K1.0K+$498,910$498,910
TROWPrice (T. Rowe) AssociatesNEW+4.0K4.0K+$432,806$432,806
JPMorgan Equity Premium IncomeNEW+7.8K7.8K+$429,442$429,442
DUKDuke EnergyNEW+3.8K3.8K+$366,132$366,132

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2023

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMicrosofthistory →COM7.98%$356M947.3K
2AAPLApple Inchistory →COM6.45%$288M1.50M
3GOOGLAlphabet Inc Class Ahistory →COM4.65%$208M1.49M
4JPMJPMorgan Chase and Companyhistory →COM2.95%$132M774.4K
5PGProcter And Gamblehistory →COM2.78%$124M845.7K
6AVGOBroadcom LTDhistory →COM2.35%$105M94.0K
7HONGBPHoneywell International Inchistory →COM2.33%$104M495.9K
8HDHome Depothistory →COM2.10%$94M271.0K
9VVisa Inchistory →COM2.00%$89M342.3K
10JNJJohnson & Johnsonhistory →COM1.99%$89M566.6K
11PHParker Hannifinhistory →COM1.93%$86M187.3K
12ABBVAbbVie Inchistory →COM1.91%$85M549.4K
13NVDANvidiahistory →COM1.87%$83M168.5K
14CHVChevron Corphistory →COM1.81%$81M540.1K
15iShares Core S&P 500 ETFCOM1.79%$80M167.0K
16CMCSAComcast Cl Ahistory →COM1.74%$78M1.77M
17UNHUnitedHealth Grouphistory →COM1.74%$78M147.6K
18MCDMcDonaldshistory →COM1.41%$63M212.3K
19TMOThermo Fisher Scientifichistory →COM1.39%$62M116.9K
20FTVFortive Corphistory →COM1.37%$61M832.9K
21ETREntergyhistory →COM1.35%$60M595.6K
224I1Philip Morris International Inhistory →COM1.27%$57M603.4K
23TJXTJX Companieshistory →COM1.27%$57M603.5K
24ABTAbbott Laboratorieshistory →COM1.16%$52M469.2K
25MRKMerckhistory →COM1.13%$50M463.1K
26Schwab S&P 500 Index FundCOM1.10%$49M668.9K
27AMZNAmazon.comhistory →COM1.10%$49M321.7K
28WMTWal Mart Storeshistory →COM1.07%$48M303.2K
29PANWPalo Alto Networks Inchistory →COM1.07%$48M161.9K
30LMTLockheed Martinhistory →COM1.07%$48M104.9K
31Avalonbay CommunitiesCOM1.04%$47M248.7K
32AIGAmerican Intl Grouphistory →COM1.04%$46M682.9K
33APAApache Corphistory →COM1.00%$44M1.24M
34PPGPPG Industrieshistory →COM0.92%$41M276.0K
35CRWDCrowdStrike Holdings, Inc.history →COM0.91%$41M159.2K
36SYKStrykerhistory →COM0.89%$40M132.3K
37ANAutonationhistory →COM0.88%$39M262.9K
38STTState Streethistory →COM0.84%$38M484.4K
39NOWServiceNow Inchistory →COM0.82%$37M52.1K
40Eaton Corp PLCCOM0.82%$37M152.0K
41CSCOCisco Systemshistory →COM0.82%$37M722.8K
42DWDMorgan Stanleyhistory →COM0.79%$35M376.1K
43MSIMotorola Solutionshistory →COM0.76%$34M108.8K
44EMREmerson Electrichistory →COM0.72%$32M331.0K
45AJGArthur J. Gallagher & Cohistory →COM0.70%$31M139.5K
46ZTSZoetishistory →COM0.64%$29M144.5K
47ABGCencora Formerly AmerisourceBehistory →COM0.62%$28M134.7K
48ADIAnalog Deviceshistory →COM0.62%$28M138.9K
49BlackRockCOM0.60%$27M32.9K
50Monster BeverageCOM0.60%$27M463.4K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$7.3B515May 1, 202613F-HRchanges · EDGAR ↗
Q4 2025$6.2B358Jan 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$6.2B354Oct 23, 202513F-HRchanges · EDGAR ↗
Q2 2025$5.7B340Jul 10, 202513F-HRchanges · EDGAR ↗
Q1 2025$5.2B358Apr 16, 202513F-HRchanges · EDGAR ↗
Q4 2024$5.3B348Jan 29, 202513F-HRchanges · EDGAR ↗
Q3 2024$5.2B359Nov 6, 2024RESTATEMENTchanges · EDGAR ↗
Q2 2024$4.9B354Jul 16, 202413F-HRchanges · EDGAR ↗
Q1 2024$4.9B368Apr 9, 202413F-HRchanges · EDGAR ↗
Q4 2023$4.5B363Jan 11, 202413F-HRchanges · EDGAR ↗
Q3 2023$4.1B350Oct 12, 202313F-HRchanges · EDGAR ↗
Q2 2023$4.3B363Jul 11, 202313F-HRchanges · EDGAR ↗
Q1 2023Under review348Apr 20, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review340Jan 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$2.6B295Oct 17, 202213F-HRchanges · EDGAR ↗
Q2 2022$2.7B307Jul 14, 202213F-HRchanges · EDGAR ↗
Q1 2022$3.2B341Apr 14, 202213F-HRchanges · EDGAR ↗
Q4 2021$3.4B338Jan 10, 202213F-HRchanges · EDGAR ↗
Q3 2021$3.1B340Oct 22, 202113F-HRchanges · EDGAR ↗
Q2 2021$3.1B347Jul 12, 202113F-HRchanges · EDGAR ↗
Q1 2021$2.9B329Apr 26, 202113F-HRchanges · EDGAR ↗
Q4 2020$4.1B476Feb 4, 202113F-HRchanges · EDGAR ↗
Q3 2020$3.6B449Oct 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$3.3B431Aug 4, 202013F-HRchanges · EDGAR ↗
Q1 2020$2.7B405Apr 21, 202013F-HRchanges · EDGAR ↗
Q4 2019$3.4B468Jan 24, 202013F-HRchanges · EDGAR ↗
Q3 2019$3.1B455Oct 15, 201913F-HRchanges · EDGAR ↗
Q2 2019$3.0B441Jul 16, 201913F-HRchanges · EDGAR ↗
Q1 2019$2.9B455Apr 11, 201913F-HRchanges · EDGAR ↗
Q4 2018$2.6B441Jan 16, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.