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FERGUSON WELLMAN CAPITAL MANAGEMENT, INC — 13F Holdings & Portfolio

CIK 869353 · latest 13F-HR filed 2026-10-05

Backtest portfolio

FERGUSON WELLMAN CAPITAL MANAGEMENT, INC manages $8.38B in 13F-reported U.S. long-equity assets across 540 reported positions as of its 2026-09-30 13F-HR filing. Its largest disclosed positions are MSFT (5.92%), NVDA (5.43%), AAPL (5.22%). Quarter over quarter (versus its 2026-06-30 filing) the fund opened 21 new positions and exited 32; 111 existing positions rose in reported value and 171 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

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AUM
$8.38B

Long-equity book

Holdings
540

Distinct positions

Period
2026-09-30

Filed 2026-10-05

Q/Q Activity
+21 / −32 / ↑111 / ↓171

vs 2026-06-30

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q3 26
MSFT5.9% · +4%NVDA5.4% · +1%AAPL5.2% · -5%GOOGL5.0% · +1%ACWX4.9% · -2%AVGO3.0% · -0%JPM2.4% · -16%AMZN2.2% · +1%CVX2.2% · +1%JNJ2.1% · +41%ABBV2.1% · +0%IVV2.0% · +1%AGG2.0% · +3%CSCO2.0% · +0%MBB1.8% · +11%STT1.7% · -1%V1.6% · +0%PG1.4% · -7%PH1.3% · -6%MU1.3% · +4%AMGN1.2% · -1%ETR1.2% · -5%RAND1.2% · +17%PM1.1% · +1%AMD1.0% · +6952%PANW1.0% · -6%AEP1.0% · -22%WFC0.9% · +2%WMT0.9% · +1%IWM0.9% · -0%META0.9% · +70%IEMG0.9% · +25%HD0.8% · -4%SCHW0.8% · +5%FCX0.8% · +4%TJX0.8% · +4%COR0.8% · +1%ETN0.7% · 0%TMO0.7% · +12%ADI0.7% · +1%VTEI0.7% · +3%TSM0.6% · -15%MS0.6% · -1%MRK0.6% · -2%VLTO0.6% · newAIG0.6% · +0%XLI0.5% · +93%UNP0.5% · +260%EQR0.5% · newEMR0.5% · -1%SMFG0.5% · -6%TXN0.5% · +2%T0.5% · -0%XOM0.5% · +2%IJR0.4% · +2%BLK0.4% · -0%BRK.B0.4% · +1%IBM0.4% · +1%SMMNY0.4% · -0%CMI0.4% · -40%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q2 26 → Q3 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

4 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 38.4%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated Jun 9, 2026.

Assets Under Management
$10.66B
Discretionary
$10.66B
Employees
68
Accounts
4,763
Address
805 SOUTHWEST BROADWAY
SUITE 2100
PORTLAND, OR 97205
Phone
(503) 226-1444
Website
Mailing Address
500 108TH AVENUE NE SUITE 950, BELLEVUE, WA, 98004
Name Title / Status Ownership Type
AYOTTE, NATHAN, MILLER ControlPRINCIPAL
since Dec 2021
5–10%Individual
COLE, RALPH, WILLARD ControlDIRECTOR
since Jan 2018
5–10%Individual
DORDEVIC, DEAN, MILAN ControlPRINCIPAL
since Jan 1997
5–10%Individual
FRANKEL, JOSHUA, D ControlDIRECTOR
since Feb 2024
5–10%Individual
HOLWERDA, STEVEN, JAMES ControlMANAGING DIRECTOR
since Jan 1997
10–25%Individual
HOSFIELD, GEORGE, WALTER ControlCHIEF INVESTMENT OFFICER - DIRECTOR
since Jan 2003
10–25%Individual
HOULE, BRADLEY, HUNTER ControlPRINCIPAL
since Dec 2021
5–10%Individual
KINATEDER, TARI, L ControlPRINCIPAL
since Dec 2021
5–10%Individual
LAGO, MARY, ELIZABETH ControlPRINCIPAL
since Dec 2021
5–10%Individual
NORRIS, JASON, DAVID ControlDIRECTOR
since Feb 2024
5–10%Individual
KOVER, EZRA, WCHIEF COMPLIANCE OFFICER
since Sep 2021
Less than 5%Individual
Ownership & leadership changes · 11 filings with changes since Mar 29, 2012

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

Mar 17, 2025 filing
  • No longer listedKRALJ, MARK, JOSEPH · SHAREHOLDER · 5–10% · listed since Dec 2019
Mar 25, 2024 filing
  • ChangedAYOTTE, NATHAN, MILLER · now a control person
  • ChangedDORDEVIC, DEAN, MILAN · now a control person
  • ChangedFRANKEL, JOSHUA, D · title PRINCIPAL → DIRECTOR; now a control person
  • ChangedHOULE, BRADLEY, HUNTER · now a control person
  • ChangedKINATEDER, TARI, L · now a control person
  • ChangedLAGO, MARY, ELIZABETH · now a control person
  • ChangedNORRIS, JASON, DAVID · title PRINCIPAL → DIRECTOR; now a control person
Mar 27, 2023 filing
  • ChangedNORRIS, JASON, DAVID · title EXECUTIVE VICE PRESIDENT OF RESEARCH → PRINCIPAL
Mar 18, 2022 filing
  • AddedKINATEDER, TARI, L · PRINCIPAL · 5–10%
Mar 11, 2022 filing
  • No longer listedRUSSELL, KATHERINE, L · CHIEF COMPLIANCE OFFICER · Less than 5% · listed since Sep 2018
  • AddedAYOTTE, NATHAN, MILLER · PRINCIPAL · 5–10%
  • AddedFRANKEL, JOSHUA, D · PRINCIPAL · 5–10%
  • AddedHOULE, BRADLEY, HUNTER · PRINCIPAL · 5–10%
  • AddedKOVER, EZRA, W · CHIEF COMPLIANCE OFFICER · Less than 5%
  • AddedLAGO, MARY, ELIZABETH · PRINCIPAL · 5–10%
  • ChangedDORDEVIC, DEAN, MILAN · ownership 10–25% → 5–10%; no longer a control person
  • ChangedHOSFIELD, GEORGE, WALTER · title CHIEF INVESTMENT OFFICER → CHIEF INVESTMENT OFFICER - DIRECTOR
Mar 22, 2021 filing
  • No longer listedFOVINCI, MARC, FLORIN · PRINCIPAL · 5–10% · listed since Jan 1997
  • No longer listedRUDD, JAMES, HAROLD · CHIEF EXECUTIVE OFFICER · 10–25% · control person · listed since Dec 1989
Mar 24, 2020 filing
  • AddedCOLE, RALPH, WILLARD · DIRECTOR · 5–10% · control person
  • AddedNORRIS, JASON, DAVID · EXECUTIVE VICE PRESIDENT OF RESEARCH · 5–10%
  • Listed againKRALJ, MARK, JOSEPH · SHAREHOLDER · 5–10%
Mar 22, 2019 filing
  • ChangedHOLWERDA, STEVEN, JAMES · title CHIEF OPERATING OFFICER → MANAGING DIRECTOR
Sep 17, 2018 filing
  • No longer listedGOERTZEN, HEIDI, MARIE · CHIEF COMPLIANCE OFFICER · Less than 5% · listed since Feb 2015
  • AddedRUSSELL, KATHERINE, L · CHIEF COMPLIANCE OFFICER · Less than 5%
Mar 21, 2018 filing
  • No longer listedKRALJ, MARK, JOSEPH · PRINCIPAL · 10–25% · control person · listed since Jan 1997
Older changes (2 more filings)
Mar 20, 2015 filing
  • No longer listedYOUNG, KERRIE, DEANNE · CHIEF COMPLIANCE OFFICER · Less than 5% · listed since Dec 2004
  • AddedGOERTZEN, HEIDI, MARIE · CHIEF COMPLIANCE OFFICER · Less than 5%
Mar 29, 2012 filing (earliest on record)
  • ListedDORDEVIC, DEAN, MILAN · PRINCIPAL · 10–25% · control person
  • ListedFOVINCI, MARC, FLORIN · PRINCIPAL · 5–10%
  • ListedHOLWERDA, STEVEN, JAMES · CHIEF OPERATING OFFICER · 10–25% · control person
  • ListedHOSFIELD, GEORGE, WALTER · CHIEF INVESTMENT OFFICER · 10–25% · control person
  • ListedKRALJ, MARK, JOSEPH · PRINCIPAL · 10–25% · control person
  • ListedRUDD, JAMES, HAROLD · CHIEF EXECUTIVE OFFICER · 10–25% · control person
  • ListedYOUNG, KERRIE, DEANNE · CHIEF COMPLIANCE OFFICER · Less than 5%

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

FERGUSON WELLMAN CAPITAL MANAGEMENT, INC Holdings (2026-09-30)

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 Microsoft MSFT 594918104 $496.6M 5.92% 968,139 SH
2 Nvidia NVDA 67066G104 $454.8M 5.43% 1,991,610 SH
3 Apple Inc AAPL 037833100 $437.2M 5.22% 1,312,972 SH
4 Alphabet Inc Class A GOOGL 02079K305 $422.4M 5.04% 1,227,610 SH
5 iShares MSCI ACWI ex-US Index ACWX 464288240 $407.2M 4.86% 5,384,860 SH
6 Broadcom LTD AVGO 11135F101 $247.4M 2.95% 704,448 SH
7 JPMorgan Chase and Company JPM 46625H100 $201.6M 2.41% 609,443 SH
8 Amazon.com AMZN 023135106 $187.3M 2.23% 751,627 SH
9 Chevron Corp CVX 166764100 $186.2M 2.22% 911,718 SH
10 Johnson & Johnson JNJ 478160104 $176.3M 2.10% 665,854 SH
11 AbbVie Inc ABBV 00287Y109 $172.1M 2.05% 657,969 SH
12 iShares Core S&P 500 ETF IVV 464287200 $169.8M 2.03% 221,720 SH
13 iShares Core US Aggregate Bond AGG 464287226 $169.5M 2.02% 1,793,022 SH
14 Cisco Systems CSCO 17275R102 $168.7M 2.01% 1,567,458 SH
15 iShares Barclays MBS Fixed-Rat MBB 464288588 $153.3M 1.83% 1,711,063 SH
16 State Street STT 857477103 $139.4M 1.66% 798,247 SH
17 Visa Inc V 92826C839 $129.9M 1.55% 361,372 SH
18 Procter And Gamble PG 742718109 $119.8M 1.43% 824,922 SH
19 Parker Hannifin PH 701094104 $106.8M 1.27% 111,834 SH
20 Micron Technology MU 595112103 $106.7M 1.27% 100,197 SH
21 Amgen AMGN 031162100 $102.7M 1.23% 243,715 SH
22 Entergy ETR 29364G103 $100.2M 1.19% 1,009,045 SH
23 Trane Technologies IR G47791101 $99.3M 1.18% 219,658 SH
24 Philip Morris International In PM 718172109 $91.6M 1.09% 480,163 SH
25 Advanced Micro Devices AMD 007903107 $85.3M 1.02% 139,482 SH
26 Palo Alto Networks Inc PANW 697435105 $84.3M 1.01% 212,066 SH
27 American Electric Power AEP 025537101 $83.1M 0.99% 700,054 SH
28 Wells Fargo WFC 949746101 $79.4M 0.95% 991,358 SH
29 Wal Mart Stores WMT 931142103 $74.3M 0.89% 715,357 SH
30 iShares Russell 2000 ETF IWM 464287655 $74.0M 0.88% 266,279 SH
31 iShares Core MSCI Emerging Mar IEMG 46434G103 $72.0M 0.86% 887,182 SH
32 Meta Platforms Inc. META 30303M102 $72.0M 0.86% 99,228 SH
33 Home Depot HD 437076102 $70.5M 0.84% 247,726 SH
34 Schwab (Charles) SCHW 808513105 $69.0M 0.82% 706,346 SH
35 Freeport-McMoran Copper FCX 35671D857 $68.0M 0.81% 971,430 SH
36 TJX Companies TJX 872540109 $66.4M 0.79% 501,826 SH
37 Cencora Formerly AmerisourceBe COR 03073E105 $64.8M 0.77% 215,819 SH
38 Eaton Corp PLC ETN G29183103 $61.7M 0.74% 143,506 SH
39 Thermo Fisher Scientific TMO 883556102 $58.6M 0.70% 86,873 SH
40 Analog Devices ADI 032654105 $55.3M 0.66% 139,327 SH
41 Vanguard Intermediate-Term Tax VTEI 922907738 $55.1M 0.66% 578,161 SH
42 Taiwan Semiconductor SP ADR TSM 874039100 $54.3M 0.65% 118,993 SH
43 Morgan Stanley MS 617446448 $54.1M 0.65% 287,906 SH
44 Merck MRK 58933Y105 $53.7M 0.64% 369,594 SH
45 Veralto Corp VLTO 92338C103 $50.2M 0.60% 531,988 SH
46 American Intl Group AIG 026874784 $46.4M 0.55% 623,972 SH
47 Industrial Select Sector SPDR XLI 81369Y704 $42.7M 0.51% 255,600 SH
48 Union Pacific UNP 907818108 $42.3M 0.50% 155,317 SH
49 Vivmark Residential EQR 29476L107 $42.1M 0.50% 692,560 SH
50 Emerson Electric EMR 291011104 $41.5M 0.49% 267,331 SH
Filing History
Period Filed AUM Holdings Accession
2026-09-30 2026-10-05 $8.38B 540 0000869353-26-000008
2026-06-30 2026-07-23 $8.19B 552 0000869353-26-000005
2026-03-31 2026-05-01 $7.32B 515 0000869353-26-000004
2025-12-31 2026-01-13 $6.24B 358 0000869353-26-000001
Filer Information
Address
888 SW 5TH AVE
STE 1200
PORTLAND, OR 97204
Phone
(503) 226-1444
Filing Manager
FERGUSON WELLMAN CAPITAL MANAGEMENT, INC
PORTLAND, OR
Signatory
Ezra William Kover
CCO