Badgley Phelps Wealth Managers 13F annual report

Badgley Phelps Wealth Managers is an investment fund managing more than $4 trillion ran by David Spratt. There are currently 214 companies in Mr. Spratt’s portfolio. The largest investments include Microsoft and Ishares Tr, together worth $876 billion.

Limited to 30 biggest holdings

$4 trillion Assets Under Management (AUM)

As of 8th May 2024, Badgley Phelps Wealth Managers’s top holding is 634,665 shares of Microsoft currently worth over $267 billion and making up 6.7% of the portfolio value. Relative to the number of outstanding shares of Microsoft, Badgley Phelps Wealth Managers owns more than approximately 0.1% of the company. In addition, the fund holds 6,024,291 shares of Ishares Tr worth $609 billion. The third-largest holding is Apple Inc worth $148 billion and the next is NVIDIA Corp worth $140 billion, with 154,896 shares owned.

Currently, Badgley Phelps Wealth Managers's portfolio is worth at least $4 trillion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Badgley Phelps Wealth Managers

The Badgley Phelps Wealth Managers office and employees reside in Seattle, Washington. According to the last 13-F report filed with the SEC, David Spratt serves as the Director of Business Administration and Compliance, CCO at Badgley Phelps Wealth Managers.

Recent trades

In the most recent 13F filing, Badgley Phelps Wealth Managers revealed that it had opened a new position in Apple Inc and bought 860,791 shares worth $148 billion. This means they effectively own approximately 0.1% of the company. Apple Inc makes up 33.5% of the fund's Consumer Discretionary sector allocation and has grown its share price by 8.9% in the past year.

The investment fund also strengthened its position in Microsoft by buying 200,146 additional shares. This makes their stake in Microsoft total 634,665 shares worth $267 billion. Microsoft soared 34.6% in the past year.

On the other hand, there are companies that Badgley Phelps Wealth Managers is getting rid of from its portfolio. Badgley Phelps Wealth Managers closed its position in Ishares Treasury Floating Rate on 15th May 2024. It sold the previously owned 653,500 shares for $33.1 billion. David Spratt also disclosed a decreased stake in Vanguard Scottsdale Fds by 0.2%. This leaves the value of the investment at $39.9 billion and 680,863 shares.

One of the largest hedge funds

The two most similar investment funds to Badgley Phelps Wealth Managers are Circle Wealth Management and Dakota Wealth Management. They manage $4 trillion and $4 trillion respectively.


David Spratt investment strategy

Badgley Phelps Wealth Managers’s portfolio is diversified across 13 sectors. Currently, their heaviest sector is Technology — making up 19.8% of the total portfolio value. The fund focuses on investments in the United States as 52.3% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 51% of the total holdings value. On the other hand, small-cap stocks make up only 1.9% of the portfolio. The average market cap of the portfolio companies is close to $163 billion.

The complete list of Badgley Phelps Wealth Managers trades based on 13F SEC filings

These positions were updated on May 15th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security Shares Owned Value Allocation
Microsoft Corporation
46.06%
634,665
$267,016,129,000 6.68%
Ishares Tr
43.65%
6,024,291
$608,974,854,000 15.24%
Apple Inc
Opened
860,791
$147,608,379,000 3.69%
NVIDIA Corp
7.37%
154,896
$139,957,502,000 3.50%
Vanguard Index Fds
13.67%
749,886
$175,669,585,000 4.40%
Amazon.com Inc.
22.38%
607,247
$109,535,215,000 2.74%
Vanguard Tax-managed Fds
12.00%
1,892,434
$94,943,392,000 2.38%
Vanguard Intl Equity Index F
15.51%
2,282,323
$98,403,598,000 2.46%
Eli Lilly Co
5.18%
96,632
$75,175,648,000 1.88%
Costco Whsl Corp New
22.39%
96,352
$70,590,132,000 1.77%
Columbia Sportswear Co.
Opened
804,775
$65,331,673,000 1.64%
Berkshire Hathaway Inc.
22.66%
152,306
$64,047,720,000 1.60%
Spdr Ser Tr
Opened
1,018,132
$64,426,878,000 1.61%
Jpmorgan Chase Co
22.34%
294,554
$58,999,101,000 1.48%
Visa Inc
16.92%
210,965
$58,876,023,000 1.47%
Meta Platforms Inc
Opened
108,494
$52,682,585,000 1.32%
Alphabet Inc
19.14%
583,258
$88,412,154,000 2.21%
Vanguard Scottsdale Fds
19.86%
680,863
$39,864,527,000 1.00%
ServiceNow Inc
8.76%
50,897
$38,803,874,000 0.97%
Procter And Gamble Co
16.29%
236,508
$38,373,387,000 0.96%
Vanguard Bd Index Fds
4.90%
504,688
$38,053,456,000 0.95%
Salesforce Inc
13.14%
124,289
$37,476,584,000 0.94%
Prologis Inc
13.37%
271,877
$35,405,417,000 0.89%
Ishares Treasury Floating Rate
Closed
653,500
$33,060,564,000
Lam Research Corp.
13.23%
33,800
$32,902,725,000 0.82%
Adobe Inc
85.82%
63,456
$32,019,899,000 0.80%
Linde Plc.
Opened
67,569
$31,373,639,000 0.79%
Marsh Mclennan Cos Inc
5.78%
146,596
$30,195,845,000 0.76%
Home Depot, Inc.
6.59%
78,506
$30,115,012,000 0.75%
Chevron Corp.
17.72%
188,979
$29,809,464,000 0.75%
Caterpillar Inc.
15.99%
80,144
$29,367,056,000 0.74%
Palo Alto Networks Inc
14.47%
100,845
$28,653,091,000 0.72%
J P Morgan Exchange Traded F
15.73%
791,007
$39,339,251,000 0.98%
Unitedhealth Group Inc
18.35%
54,799
$27,109,100,000 0.68%
Bank America Corp
21.20%
705,674
$26,760,254,000 0.67%
Vanguard Scottsdale Fds
Opened
376,795
$30,436,674,000 0.76%
Ishares Tr
Opened
536,173
$27,489,080,000 0.69%
Morgan Stanley
25.93%
276,473
$26,032,699,000 0.65%
Spdr Portfolio Large Cap Etf
Closed
539,213
$25,963,106,000
Thermo Fisher Scientific Inc.
4.11%
44,493
$25,874,280,000 0.65%
Vanguard Int.-term Corporate B
Closed
319,487
$25,629,216,000
Valero Energy Corp.
12.85%
145,663
$24,863,186,000 0.62%
Cisco Sys Inc
43.73%
496,661
$24,788,333,000 0.62%
Merck Co Inc
2,106.75%
183,337
$24,330,237,000 0.61%
Booking Holdings Inc
Opened
6,674
$24,212,472,000 0.61%
Danaher Corp.
23.54%
96,319
$24,076,536,000 0.60%
J P Morgan Exchange Traded F
Opened
414,318
$23,972,440,000 0.60%
Meta Platforms Inc
Closed
110,459
$23,410,680,000
Union Pac Corp
10.91%
94,746
$23,301,682,000 0.58%
Mcdonalds Corp
13.30%
80,737
$22,763,780,000 0.57%
Mondelez International Inc.
11.80%
316,344
$22,269,000,000 0.56%
Pepsico Inc
23.56%
124,734
$21,970,436,000 0.55%
Walmart Inc
235.34%
361,211
$21,806,608,000 0.55%
Oracle Corp.
49.63%
170,388
$21,402,387,000 0.54%
Eog Res Inc
15.21%
167,143
$21,367,511,000 0.53%
Medtronic Plc
15.85%
243,304
$21,359,504,000 0.53%
Schwab Charles Family Fd
Opened
20,780,630
$20,780,631,000 0.52%
United Parcel Service, Inc.
27.61%
136,665
$20,312,519,000 0.51%
Honeywell International Inc
50.26%
96,491
$19,804,774,000 0.50%
Linde
Closed
55,706
$19,800,141,000
Paccar Inc.
746.63%
158,438
$19,628,930,000 0.49%
Equinix Inc
7.47%
23,586
$19,466,235,000 0.49%
Coca-Cola Co
10.08%
312,363
$19,251,582,000 0.48%
Chubb Limited
5.53%
73,177
$19,024,544,000 0.48%
Johnson Johnson
41.21%
116,547
$18,436,502,000 0.46%
Accenture Plc Ireland
19.41%
52,572
$18,221,982,000 0.46%
Costar Group, Inc.
Opened
186,772
$18,042,176,000 0.45%
Applied Matls Inc
Opened
84,937
$17,516,632,000 0.44%
NextEra Energy Inc
9.64%
274,070
$17,515,786,000 0.44%
Stryker Corp.
0.01%
48,023
$17,219,343,000 0.43%
Disney Walt Co
16.69%
139,467
$17,065,210,000 0.43%
Sherwin-Williams Co.
2.36%
48,624
$16,888,575,000 0.42%
Oreilly Automotive Inc
Opened
14,277
$16,117,020,000 0.40%
Kkr Co Inc
Opened
158,767
$15,968,786,000 0.40%
Parker-Hannifin Corp.
Opened
28,426
$15,798,888,000 0.40%
Johnson Controls International
Closed
261,798
$15,765,476,000
Booking Holdings Inc
Closed
5,826
$15,452,941,000
Synopsys, Inc.
16.04%
26,808
$15,320,772,000 0.38%
Cognizant Technology Solutio
Opened
208,869
$15,308,010,000 0.38%
Ecolab, Inc.
7.11%
64,017
$14,813,062,000 0.37%
Mckesson Corporation
Opened
26,807
$14,407,575,000 0.36%
American Tower Corp.
17.50%
72,739
$14,372,500,000 0.36%
Chipotle Mexican Grill
10.05%
4,927
$14,321,656,000 0.36%
Global Pmts Inc
Opened
101,964
$13,628,537,000 0.34%
NiSource Inc
Opened
490,108
$13,556,388,000 0.34%
Sysco Corp.
9.77%
161,627
$13,120,881,000 0.33%
AMGEN Inc.
20.35%
46,132
$13,116,210,000 0.33%
Jacobs Solutions Inc
Opened
85,002
$13,067,359,000 0.33%
Zoetis Inc
7.81%
72,298
$12,233,462,000 0.31%
Costar Group, Inc.
Closed
176,521
$12,153,471,000
Verizon Communications Inc
8.32%
284,578
$11,940,902,000 0.30%
Vanguard Star Fds
11.94%
191,299
$11,535,312,000 0.29%
NiSource Inc
Closed
401,608
$11,228,960,000
Nike, Inc.
87.18%
118,898
$11,214,344,000 0.28%
United Rentals, Inc.
Opened
15,110
$10,895,974,000 0.27%
Aptiv PLC
7.93%
127,693
$10,170,748,000 0.25%
Pfizer Inc.
1.86%
364,253
$10,108,030,000 0.25%
Tesla Inc
19.44%
53,925
$9,479,476,000 0.24%
Marvell Technology Inc
9.66%
131,492
$9,320,154,000 0.23%
Gilead Sciences, Inc.
39.59%
123,739
$9,063,882,000 0.23%
L3Harris Technologies Inc
29.21%
41,303
$8,801,670,000 0.22%
Regeneron Pharmaceuticals, Inc.
Opened
8,911
$8,576,749,000 0.21%
Crown Holdings, Inc.
Opened
106,634
$8,451,823,000 0.21%
Truist Financial Corporation
Closed
234,553
$7,998,257,000
Advanced Micro Devices Inc.
Opened
42,953
$7,752,588,000 0.19%
O'reilly Automotive
Closed
9,000
$7,640,820,000
Lennar Corp.
Opened
37,672
$6,478,831,000 0.16%
Spdr Sp 500 Etf Tr
3.58%
12,327
$6,468,058,000 0.16%
Manhattan Associates, Inc.
Opened
23,762
$5,945,966,000 0.15%
Starbucks Corp.
50.53%
64,093
$5,857,440,000 0.15%
Schlumberger Ltd.
Opened
96,233
$5,300,209,000 0.13%
Spdr Sp Midcap 400 Etf Tr
5.58%
8,779
$4,893,424,000 0.12%
Lowes Cos Inc
284.96%
14,640
$3,729,248,000 0.09%
Spdr Ser Tr
34.44%
121,975
$3,631,196,000 0.09%
Copart, Inc.
Opened
57,818
$3,348,819,000 0.08%
Select Sector Spdr Tr
271.86%
27,901
$4,439,677,000 0.11%
Abbvie Inc
244.03%
14,931
$2,718,940,000 0.07%
Schwab Strategic Tr
22.36%
181,032
$6,900,471,000 0.17%
Deere Co
439.33%
5,938
$2,447,728,000 0.06%
American Express Co.
521.97%
10,418
$2,372,075,000 0.06%
Colgate-Palmolive Co.
1.73%
26,132
$2,353,187,000 0.06%
Boeing Co.
77.54%
12,099
$2,334,968,000 0.06%
Qualcomm, Inc.
300.12%
13,124
$2,221,894,000 0.06%
T-Mobile US, Inc.
Opened
12,700
$2,072,894,000 0.05%
Automatic Data Processing In
1.88%
8,184
$2,055,330,000 0.05%
Intel Corp.
257.44%
44,097
$1,947,765,000 0.05%
Abbott Labs
Opened
16,749
$1,903,692,000 0.05%
Berkshire Hathaway A
Closed
4
$1,862,400,000
Vanguard Russell 1000 Value In
Closed
27,391
$1,830,026,000
Invesco QQQ Trust
Closed
5,658
$1,815,723,000
Exxon Mobil Corp.
5.31%
15,456
$1,796,611,000 0.04%
Kimberly-Clark Corp.
Opened
13,535
$1,767,082,000 0.04%
CVS Health Corp
81.42%
22,076
$1,760,796,000 0.04%
Beazer Homes USA Inc.
Opened
53,068
$1,740,631,000 0.04%
Constellation Brands, Inc.
137.24%
6,045
$1,642,790,000 0.04%
Vanguard Russell 1000 Growth I
Closed
24,048
$1,512,379,000
Paychex Inc.
536.21%
11,719
$1,439,094,000 0.04%
RTX Corp
90.29%
14,556
$1,419,647,000 0.04%
Bristol-Myers Squibb Co.
90.55%
25,565
$1,386,390,000 0.03%
EPAM Systems Inc
Closed
4,460
$1,333,540,000
Johnson Ctls Intl Plc
Opened
20,208
$1,320,221,000 0.03%
Ferguson Plc New
Opened
5,796
$1,270,600,000 0.03%
Epam Sys Inc
Opened
4,415
$1,219,247,000 0.03%
Remitly Global Inc
Opened
58,752
$1,218,517,000 0.03%
Broadcom Inc.
8.31%
873
$1,157,277,000 0.03%
Ball Corp.
Opened
17,076
$1,150,240,000 0.03%
Nerdwallet Inc
Opened
76,232
$1,120,611,000 0.03%
Lauder Estee Cos Inc
86.00%
7,061
$1,088,454,000 0.03%
Dollar Gen Corp New
85.08%
6,916
$1,079,311,000 0.03%
Cintas Corporation
Opened
1,546
$1,062,149,000 0.03%
Philip Morris International Inc
5.92%
10,692
$993,859,000 0.02%
Humana Inc.
90.39%
2,730
$968,292,000 0.02%
Emerson Elec Co
30.64%
7,687
$871,829,000 0.02%
Altria Group Inc.
5.95%
18,944
$845,395,000 0.02%
RPM International, Inc.
Opened
6,868
$816,949,000 0.02%
Us Bancorp Del
10.75%
18,032
$814,867,000 0.02%
Eaton Corp Plc
Opened
2,527
$790,143,000 0.02%
Mastercard Incorporated
14.59%
1,616
$778,121,000 0.02%
Vertex Pharmaceuticals, Inc.
Opened
1,852
$774,155,000 0.02%
Blackrock Inc.
7.29%
927
$772,950,000 0.02%
Vanguard Whitehall Fds
25.99%
6,372
$770,914,000 0.02%
Occidental Pete Corp
Opened
11,303
$737,088,000 0.02%
Nestle Sa F Adr
Closed
6,036
$734,521,000
Wabtec
Opened
4,997
$727,963,000 0.02%
Iron Mtn Inc Del
Opened
8,804
$711,892,000 0.02%
General Mtrs Co
89.68%
14,648
$664,287,000 0.02%
Truist Finl Corp
Opened
16,800
$654,864,000 0.02%
Ferrari N.V.
Opened
1,398
$609,445,000 0.02%
WEC Energy Group Inc
10.82%
7,364
$604,732,000 0.02%
Vanguard Information Technolog
Closed
1,550
$597,499,000
Weyerhaeuser Co Mtn Be
Opened
16,362
$587,553,000 0.01%
Netflix Inc.
50.89%
966
$586,681,000 0.01%
F5 Inc
Opened
2,945
$558,343,000 0.01%
Remitly Global Inc
Closed
30,851
$522,924,000
Novo-nordisk A S
97.41%
3,968
$513,179,000 0.01%
Waste Mgmt Inc Del
53.40%
2,390
$509,324,000 0.01%
Schwab Charles Corp
54.98%
7,019
$507,785,000 0.01%
Dimensional Etf Trust
Opened
25,150
$1,145,696,000 0.03%
Vanguard Specialized Funds
42.20%
2,594
$473,761,000 0.01%
Stora Enso Oyj
Closed
34,761
$452,588,000
General Mls Inc
4.24%
6,340
$443,598,000 0.01%
Vanguard Short-term Corporate
Closed
5,785
$440,991,000
Schwab Strategic Tr
Opened
21,385
$1,165,074,000 0.03%
Seattle Genetics
Closed
2,144
$434,096,000
Global X Fds
Opened
8,825
$425,542,000 0.01%
Tjx Cos Inc New
8.31%
4,183
$424,238,000 0.01%
International Business Machs
Opened
2,092
$399,489,000 0.01%
Expeditors Intl Wash Inc
Opened
3,217
$391,091,000 0.01%
Ferrari N.V.
Closed
1,413
$382,838,000
Vanguard Index Fds
Opened
4,361
$377,140,000 0.01%
Marriott Intl Inc New
1.09%
1,450
$365,850,000 0.01%
Lockheed Martin Corp.
17.97%
776
$352,980,000 0.01%
Becton Dickinson Co
2.78%
1,404
$347,420,000 0.01%
Clorox Co.
4.93%
2,104
$322,171,000 0.01%
3M Co.
44.15%
3,033
$321,711,000 0.01%
Autozone Inc.
12.82%
102
$321,469,000 0.01%
WaFd Inc
Opened
10,902
$316,490,000 0.01%
Ishares Msci Usa Min Vol Facto
Closed
4,308
$313,364,000
Comm Services Select Sector Sp
Closed
5,195
$301,154,000
Comcast Corp New
20.88%
6,868
$297,728,000 0.01%
Heritage Finl Corp Wash
2.70%
15,227
$295,252,000 0.01%
Air Prods Chems Inc
7.09%
1,193
$291,140,000 0.01%
Fidelity Covington Trust
Opened
5,831
$288,985,000 0.01%
Deckers Outdoor Corp.
Opened
305
$287,085,000 0.01%
Xcel Energy Inc.
0.13%
5,262
$284,410,000 0.01%
Select Sector Spdr Tr
Opened
5,795
$511,470,000 0.01%
Spdr Dow Jones Industrial Avg
Closed
851
$283,038,000
PayPal Holdings Inc
9.69%
4,063
$272,181,000 0.01%
Omeros Corporation
Opened
78,556
$271,019,000 0.01%
Ishares Core Msci Eafe Etf
Closed
3,777
$252,492,000
Energy Select Sector Spdr Etf
Closed
3,000
$248,490,000
Veralto Corp
Opened
2,783
$246,988,000 0.01%
Dimensional Us Marketwide Valu
Closed
7,227
$241,960,000
Vanguard Mid-cap Value Etf
Closed
1,751
$234,716,000
Spdr Gold Tr
39.99%
1,139
$234,316,000 0.01%
Banner Corp.
9.47%
4,800
$230,400,000 0.01%
Trane Technologies plc
Opened
765
$229,653,000 0.01%
Goldman Sachs Group, Inc.
Opened
548
$228,895,000 0.01%
Otis Worldwide Corporation
Opened
2,300
$228,325,000 0.01%
Canadian Pacific Railway Ltd
Closed
2,915
$224,280,000
Aflac Inc.
Closed
3,472
$224,013,000
Invesco Exchange Traded Fd T
Opened
5,670
$222,721,000 0.01%
Autodesk Inc.
Closed
1,032
$214,821,000
Peabody Energy Corp.
Closed
8,330
$213,248,000
Ford Motor Co.
Closed
16,921
$213,206,000
Zillow Group Inc
Opened
4,442
$212,595,000 0.01%
Williams-Sonoma, Inc.
Opened
642
$203,855,000 0.01%
Asml Holding N V
Opened
209
$202,829,000 0.01%
Shell Plc
Closed
3,494
$201,045,000
Align Technology, Inc.
Opened
536
$175,766,000 0.00%
American Elec Pwr Co Inc
Opened
1,744
$150,159,000 0.00%
Alliant Energy Corp.
Opened
2,444
$123,178,000 0.00%
Riverview Bancorp, Inc.
No change
24,300
$114,696,000 0.00%
Eaton Vance Tax-managed Glob
Opened
10,896
$88,912,000 0.00%
Cim Real Estate Finance Trust
Closed
12,460
$81,862,000
Tilray
Closed
32,096
$81,203,000
Akamai Technologies Inc
Opened
665
$72,326,000 0.00%
Apple Inc
99.95%
353
$60,552,000 0.00%
Ameren Corp.
Opened
703
$51,994,000 0.00%
Leafly Holdings
Closed
70,653
$28,254,000
American Wtr Wks Co Inc New
Opened
221
$27,009,000 0.00%
American Eagle Outfitters In
Opened
1,000
$25,790,000 0.00%
Albemarle Corp.
Opened
193
$25,500,000 0.00%
American Airls Group Inc
Opened
1,350
$20,723,000 0.00%
Applied Matls Inc
99.92%
61
$12,581,000 0.00%
Nxp Semiconductors N V
Opened
37
$9,206,000 0.00%
Pt Unilever Indonesia Tbk
Closed
30,000
$8,706,000
Abbott Labs
99.64%
76
$8,639,000 0.00%
Trilogy International Partners
Closed
10,000
$400,000
Rio Tinto plc
No change
0
$217,000 0.00%
Diageo plc
No change
0
$96,000 0.00%
Genuine Parts Co.
No change
0
$50,000 0.00%
Taiwan Semiconductor Mfg Ltd
No change
0
$40,000 0.00%
GSK Plc
No change
0
$35,000 0.00%
Illinois Tool Wks Inc
No change
0
$31,000 0.00%
Bifs Technologies
Closed
10,500
$0
No transactions found
Showing first 500 out of 256 holdings