13F HOLDINGS REPORT

GAMBLE JONES INVESTMENT COUNSEL

Quarter ended Q1 2023 · Filed February 8, 2023 · Accession 0001083340-23-000001

Total Value

$1.33B

Positions

202

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (202)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	PROCTER AND GAMBLE CO	742718109	2,448,284	$371.1M	27.98%
2	APPLE INC	AAPL	509,203	$66.2M	4.99%
3	MICROSOFT CORP	MSFT	256,396	$61.5M	4.64%
4	TEXAS INSTRS INC	882508104	184,893	$30.5M	2.30%
5	ALPHABET INC	GOOG	337,708	$29.8M	2.25%
6	BERKSHIRE HATHAWAY INC DEL	BRK-A	90,584	$28.0M	2.11%
7	AMAZON COM INC	AMZN	289,085	$24.3M	1.83%
8	ABBOTT LABS	ABLZF	218,626	$24.0M	1.81%
9	JOHNSON & JOHNSON	JNJ	134,934	$23.8M	1.80%
10	VANGUARD BD INDEX FDS	921937835	274,506	$19.7M	1.49%
11	VANGUARD WHITEHALL FDS	921946406	178,219	$19.3M	1.45%
12	ISHARES GOLD TR	IAU	533,097	$18.4M	1.39%
13	CHEVRON CORP NEW	CVX	102,693	$18.4M	1.39%
14	ALPHABET INC	GOOG	204,102	$18.1M	1.37%
15	ISHARES TR	464287457	216,055	$17.5M	1.32%
16	VISA INC	V	82,350	$17.1M	1.29%
17	MASTERCARD INCORPORATED	MA	47,145	$16.4M	1.24%
18	PEPSICO INC	PEP	88,797	$16.0M	1.21%
19	ABBVIE INC	ABBV	96,205	$15.5M	1.17%
20	MCDONALDS CORP	MCD	57,494	$15.2M	1.14%
21	CISCO SYS INC	CSCO	305,686	$14.6M	1.10%
22	ISHARES TR	464287440	151,569	$14.5M	1.09%
23	RAYTHEON TECHNOLOGIES CORP	RTX	134,105	$13.5M	1.02%
24	ISHARES TR	464288679	122,841	$13.5M	1.02%
25	NOVARTIS AG	NVSEF	143,327	$13.0M	0.98%
26	PFIZER INC	PFE	239,082	$12.3M	0.92%
27	BLACKROCK INC	BLK	15,980	$11.3M	0.85%
28	VANGUARD STAR FDS	921909768	210,953	$10.9M	0.82%
29	VANGUARD SCOTTSDALE FDS	92206C409	143,168	$10.8M	0.81%
30	SSGA ACTIVE ETF TR	78467V848	261,688	$10.5M	0.79%
31	VANGUARD SPECIALIZED FUNDS	921908844	68,430	$10.4M	0.78%
32	KKR & CO INC	KKRT	223,560	$10.4M	0.78%
33	DISNEY WALT CO	254687106	118,353	$10.3M	0.78%
34	EXXON MOBIL CORP	XOM	90,720	$10.0M	0.75%
35	AMGEN INC	AMGN	37,776	$9.9M	0.75%
36	WORKDAY INC	WDAY	56,269	$9.4M	0.71%
37	UNION PAC CORP	UNP	45,425	$9.4M	0.71%
38	AUTODESK INC	ADSK	47,390	$8.9M	0.67%
39	DEERE & CO	DE	19,057	$8.2M	0.62%
40	VANGUARD WORLD FDS	92204A876	51,040	$7.8M	0.59%
41	3M CO	MMM	64,392	$7.7M	0.58%
42	SCHWAB CHARLES CORP	SCHW-PJ	91,227	$7.6M	0.57%
43	AMERICAN TOWER CORP NEW	03027X100	32,874	$7.0M	0.53%
44	CUMMINS INC	CMI	27,465	$6.7M	0.50%
45	COSTCO WHSL CORP NEW	22160K105	14,313	$6.5M	0.49%
46	JPMORGAN CHASE & CO	VYLD	46,291	$6.2M	0.47%
47	MOODYS CORP	MCO	21,492	$6.0M	0.45%
48	CYBERARK SOFTWARE LTD	M2682V108	43,590	$5.7M	0.43%
49	DIAGEO PLC	DGEAF	31,423	$5.6M	0.42%
50	ETSY INC	ETSY	46,668	$5.6M	0.42%
51	VANGUARD INDEX FDS	922908769	28,267	$5.4M	0.41%
52	UNITEDHEALTH GROUP INC	UNH	10,009	$5.3M	0.40%
53	HOME DEPOT INC	HD	16,196	$5.1M	0.39%
54	HONEYWELL INTL INC	438516106	23,073	$4.9M	0.37%
55	BRISTOL-MYERS SQUIBB CO	CELG-RI	68,103	$4.9M	0.37%
56	NORFOLK SOUTHN CORP	655844108	19,193	$4.7M	0.36%
57	EMERSON ELEC CO	EMR	47,271	$4.5M	0.34%
58	INVESCO QQQ TR	IVZ	16,628	$4.4M	0.33%
59	LILLY ELI & CO	LLY	12,050	$4.4M	0.33%
60	NIKE INC	NKE	33,141	$3.9M	0.29%
61	SMUCKER J M CO	832696405	24,462	$3.9M	0.29%
62	VERIZON COMMUNICATIONS INC	VZ	96,846	$3.8M	0.29%
63	WALMART INC	WMT	26,832	$3.8M	0.29%
64	VANGUARD INDEX FDS	922908629	18,288	$3.7M	0.28%
65	SPDR S&P 500 ETF TR	SPY	9,645	$3.7M	0.28%
66	EPAM SYS INC	EPAM	11,001	$3.6M	0.27%
67	LINDE PLC	LIN	10,400	$3.4M	0.26%
68	BECTON DICKINSON & CO	BDX	12,977	$3.3M	0.25%
69	LOWES COS INC	548661107	14,276	$2.8M	0.21%
70	INTEL CORP	INTC	104,690	$2.8M	0.21%
71	VANGUARD INDEX FDS	922908553	33,228	$2.7M	0.21%
72	PAYPAL HLDGS INC	PYPL	34,508	$2.5M	0.19%
73	SYSCO CORP	SYY	31,089	$2.4M	0.18%
74	ISHARES TR	464287200	6,144	$2.4M	0.18%
75	ROSS STORES INC	ROST	20,106	$2.3M	0.18%
76	INTERNATIONAL BUSINESS MACHS	INTR	16,204	$2.3M	0.17%
77	META PLATFORMS INC	META	18,521	$2.2M	0.17%
78	COCA COLA CO	KO	34,597	$2.2M	0.17%
79	UNITED PARCEL SERVICE INC	UPS	12,427	$2.2M	0.16%
80	FASTENAL CO	FAST	42,430	$2.0M	0.15%
81	SPDR DOW JONES INDL AVERAGE	78467X109	5,950	$2.0M	0.15%
82	FISERV INC	FISV	19,502	$2.0M	0.15%
83	SPOTIFY TECHNOLOGY S A	SPOT	24,692	$1.9M	0.15%
84	NORTHROP GRUMMAN CORP	NOC	3,388	$1.8M	0.14%
85	PHILIP MORRIS INTL INC	718172109	17,335	$1.8M	0.13%
86	MONDELEZ INTL INC	609207105	25,419	$1.7M	0.13%
87	MARKEL CORP	MKL	1,283	$1.7M	0.13%
88	ORACLE CORP	ORCL-PD	19,985	$1.6M	0.12%
89	TJX COS INC NEW	872540109	19,972	$1.6M	0.12%
90	ISHARES TR	464288810	30,107	$1.6M	0.12%
91	KIMBERLY-CLARK CORP	KMB	11,067	$1.5M	0.11%
92	AMERICAN EXPRESS CO	AXP	10,053	$1.5M	0.11%
93	AUTOMATIC DATA PROCESSING IN	ADP	6,155	$1.5M	0.11%
94	CLOROX CO DEL	CLX	9,934	$1.4M	0.11%
95	ALTRIA GROUP INC	MO	30,457	$1.4M	0.10%
96	CVB FINL CORP	126600105	51,371	$1.3M	0.10%
97	HERSHEY CO	HSY	5,600	$1.3M	0.10%
98	BOEING CO	BA-PA	6,642	$1.3M	0.10%
99	VANGUARD BD INDEX FDS	921937827	16,365	$1.2M	0.09%
100	COLGATE PALMOLIVE CO	CL	15,531	$1.2M	0.09%
101	ISHARES TR	464287176	11,399	$1.2M	0.09%
102	WELLS FARGO CO NEW	949746101	29,268	$1.2M	0.09%
103	CATERPILLAR INC	CAT	5,018	$1.2M	0.09%
104	PRICE T ROWE GROUP INC	TROW	10,870	$1.2M	0.09%
105	ILLINOIS TOOL WKS INC	452308109	5,378	$1.2M	0.09%
106	VANGUARD INDEX FDS	922908751	6,361	$1.2M	0.09%
107	ROKU INC	ROKU	28,275	$1.2M	0.09%
108	GENUINE PARTS CO	GPC	6,369	$1.1M	0.08%
109	MERCK & CO INC	MRK	9,683	$1.1M	0.08%
110	ECOLAB INC	ECL	7,070	$1.0M	0.08%
111	HUMANA INC	HUM	2,000	$1.0M	0.08%
112	CONOCOPHILLIPS	COP	8,451	$997,218	0.08%
113	UNILEVER PLC	UNLYF	19,548	$984,233	0.07%
114	AMERICAN ELEC PWR CO INC	025537101	10,175	$966,116	0.07%
115	PROGRESSIVE CORP	743315103	7,315	$948,829	0.07%
116	BERKSHIRE HATHAWAY INC DEL	BRK-A	2	$937,422	0.07%
117	VANECK ETF TRUST	92189F726	5,700	$910,518	0.07%
118	DANAHER CORPORATION	235851102	3,370	$894,465	0.07%
119	ISHARES TR	464287507	3,445	$833,323	0.06%
120	NEXTERA ENERGY INC	NEE-PW	9,826	$821,460	0.06%
121	CANADIAN PAC RY LTD	13645T100	10,850	$809,302	0.06%
122	ISHARES TR	464287655	4,628	$806,936	0.06%
123	BANK AMERICA CORP	060505104	24,338	$806,083	0.06%
124	APPLIED MATLS INC	038222105	8,250	$803,385	0.06%
125	MEDTRONIC PLC	MDT	10,053	$781,321	0.06%
126	GENERAL MLS INC	370334104	9,225	$773,481	0.06%
127	NVR INC	NVR	165	$761,076	0.06%
128	WEYERHAEUSER CO MTN BE	WY	23,653	$733,243	0.06%
129	ISHARES TR	464287663	10,339	$730,244	0.06%
130	STARBUCKS CORP	SBUX	7,310	$725,196	0.05%
131	CIGNA CORP NEW	125523100	2,180	$722,321	0.05%
132	UNITED RENTALS INC	URI	2,000	$710,840	0.05%
133	COPART INC	CPRT	11,400	$694,146	0.05%
134	TARGET CORP	TGT	4,654	$693,632	0.05%
135	LOCKHEED MARTIN CORP	LMT	1,406	$683,844	0.05%
136	VANGUARD INDEX FDS	922908611	4,258	$676,166	0.05%
137	SCHWAB STRATEGIC TR	808524870	12,325	$638,312	0.05%
138	FEDEX CORP	FDX	3,582	$620,402	0.05%
139	SPDR S&P MIDCAP 400 ETF TR	MDY	1,388	$614,593	0.05%
140	VANGUARD INDEX FDS	922908595	2,778	$557,100	0.04%
141	NUVEEN CA QUALTY MUN INCOME	NU	48,541	$537,349	0.04%
142	EATON CORP PLC	ETN	3,384	$531,119	0.04%
143	TELEDYNE TECHNOLOGIES INC	TDY	1,328	$531,080	0.04%
144	REALTY INCOME CORP	O	8,346	$529,364	0.04%
145	TESLA INC	TSLA	4,285	$527,826	0.04%
146	SPDR SER TR	78464A821	7,971	$520,825	0.04%
147	ZIMMER BIOMET HOLDINGS INC	ZBH	4,040	$515,100	0.04%
148	TRANE TECHNOLOGIES PLC	TT	3,045	$511,834	0.04%
149	ILLUMINA INC	ILMN	2,500	$505,500	0.04%
150	VANGUARD BD INDEX FDS	921937819	6,217	$462,056	0.03%
151	VANGUARD INTL EQUITY INDEX F	922042858	11,766	$458,639	0.03%
152	VANGUARD TAX-MANAGED FDS	921943858	10,848	$455,303	0.03%
153	VANGUARD INDEX FDS	922908512	3,193	$431,821	0.03%
154	CITIGROUP INC	C-PR	9,010	$407,522	0.03%
155	ESSENTIAL UTILS INC	29670G102	8,168	$389,859	0.03%
156	CSX CORP	CSX	12,475	$386,484	0.03%
157	STATE STR CORP	STT-PG	4,900	$380,093	0.03%
158	PIMCO CALIF MUN INCOME FD	72200N106	25,000	$376,750	0.03%
159	GSK PLC	GLAXF	10,693	$375,752	0.03%
160	QUALCOMM INC	QCOM	3,363	$369,728	0.03%
161	GENERAL ELECTRIC CO	369604301	4,409	$369,430	0.03%
162	C H ROBINSON WORLDWIDE INC	CHRW	4,000	$366,240	0.03%
163	PAYCHEX INC	PAYX	3,153	$364,372	0.03%
164	DUPONT DE NEMOURS INC	DD	5,245	$359,964	0.03%
165	ISHARES TR	464288687	11,675	$356,428	0.03%
166	PHILLIPS 66	PSX	3,334	$347,035	0.03%
167	ISHARES TR	464288414	3,003	$316,910	0.02%
168	INTUITIVE SURGICAL INC	ISRG	1,190	$315,766	0.02%
169	ALLIANT ENERGY CORP	LNT	5,600	$309,176	0.02%
170	ISHARES TR	464287705	3,000	$302,400	0.02%
171	ISHARES TR	464287499	4,409	$297,409	0.02%
172	METTLER TOLEDO INTERNATIONAL	MTD	200	$289,090	0.02%
173	NUVEEN CALIFORNIA AMT QLT MU	NU	22,046	$271,166	0.02%
174	RAYONIER INC	RYN	7,682	$253,199	0.02%
175	HARTFORD FINL SVCS GROUP INC	HIG-PG	3,170	$240,381	0.02%
176	GILEAD SCIENCES INC	GILD	2,737	$234,971	0.02%
177	NEWMONT CORP	NEMCL	4,972	$234,665	0.02%
178	ISHARES TR	464287234	6,135	$232,516	0.02%
179	ISHARES TR	464287309	3,972	$232,362	0.02%
180	SOUTHERN CO	SOMN	3,248	$231,974	0.02%
181	AT&T INC	T-PC	12,533	$230,732	0.02%
182	DOW INC	DOW	4,561	$229,829	0.02%
183	WASTE MGMT INC DEL	94106L109	1,430	$224,338	0.02%
184	VANGUARD SCOTTSDALE FDS	92206C870	2,890	$224,041	0.02%
185	CHUBB LIMITED	CB	1,006	$221,924	0.02%
186	MADISON SQUARE GRDN SPRT COR	55825T103	1,201	$220,179	0.02%
187	REPUBLIC SVCS INC	760759100	1,700	$219,283	0.02%
188	AFLAC INC	AFL	2,990	$215,091	0.02%
189	HANNON ARMSTRONG SUST INFR C	41068X100	7,406	$214,626	0.02%
190	ISHARES TR	464287572	3,340	$213,927	0.02%
191	CARMAX INC	KMX	3,500	$213,115	0.02%
192	DONALDSON INC	DCI	3,500	$206,045	0.02%
193	MAGELLAN MIDSTREAM PRTNRS LP	559080106	4,050	$203,350	0.02%
194	PIMCO CALIF MUN INCOME FD II	72201C109	20,000	$167,000	0.01%
195	VIATRIS INC	VTRS	12,570	$139,904	0.01%
196	PIMCO CALIF MUN INCOME FD II	72200M108	20,000	$135,800	0.01%
197	NUVEEN CALIFORNIA MUNI VLU F	NU	13,818	$116,764	0.01%
198	PIMCO MUN INCOME FD	72200R107	10,000	$104,300	0.01%
199	HALEON PLC	HLNCF	12,368	$98,944	0.01%
200	PIMCO MUN INCOME FD III	72201A103	10,000	$87,100	0.01%
201	SANDSTORM GOLD LTD	80013R206	15,255	$80,241	0.01%
202	ALAUNOS THERAPEUTICS INC	TCRT	61,000	$39,595	0.00%