13F HOLDINGS REPORT

Badgley Phelps Wealth Managers, LLC

Quarter ended Q1 2023 · Filed January 27, 2023 · Accession 0001895362-23-000002

Total Value

$2.50B

Positions

227

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (227)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	iShares MSCI EAFE ETF	464287465	1,977,090	$129.8M	5.19%
2	Microsoft	MSFT	419,240	$100.5M	4.02%
3	Apple	AAPL	721,008	$93.7M	3.75%
4	Vanguard Small Cap ETF	922908751	428,577	$78.7M	3.15%
5	iShares Core S&P Mid-Cap ETF	464287507	284,151	$68.7M	2.75%
6	Vanguard FTSE Developed Market	921943858	1,599,733	$67.1M	2.69%
7	Vanguard FTSE Emerging Markets	922042858	1,654,176	$64.5M	2.58%
8	Vanguard Intmdt-Term Trs ETF	92206C706	807,221	$47.2M	1.89%
9	iShares Russell 2000 Value Ind	464287630	321,138	$44.5M	1.78%
10	Amazon.com	AMZN	491,996	$41.3M	1.65%
11	Chevron	CVX	226,332	$40.6M	1.63%
12	iShares Russell 2000 Growth In	464287648	171,478	$36.8M	1.47%
13	VISA Class A	V	176,927	$36.8M	1.47%
14	Berkshire Hathaway B	BRK-A	117,777	$36.4M	1.46%
15	Costco Wholesale	22160K105	78,529	$35.8M	1.43%
16	JPMorgan Ultra-Short Income ET	46641Q837	696,698	$34.9M	1.40%
17	Johnson & Johnson	JNJ	194,817	$34.4M	1.38%
18	Vanguard Intermediate-Term Bon	921937819	457,304	$34.0M	1.36%
19	Eli Lilly	LLY	89,335	$32.7M	1.31%
20	iShares Treasury Floating Rate	46434v860	637,573	$32.1M	1.29%
21	JPMorgan Chase	VYLD	236,189	$31.7M	1.27%
22	Morgan Stanley	MS-PQ	367,512	$31.2M	1.25%
23	iShares Russell Midcap Index E	464287499	448,059	$30.2M	1.21%
24	Procter & Gamble	742718109	197,127	$29.9M	1.20%
25	Danaher	235851102	111,984	$29.7M	1.19%
26	NextEra Energy	NEE-PW	339,094	$28.3M	1.13%
27	Home Depot	HD	85,169	$26.9M	1.08%
28	Prologis	PLDGP	237,213	$26.7M	1.07%
29	Thermo Fisher Scientific	TMO	48,457	$26.7M	1.07%
30	iShares Russell 1000 Value Ind	464287598	173,113	$26.3M	1.05%
31	Vanguard Large Cap ETF	922908637	135,831	$23.7M	0.95%
32	Vanguard Int.-Term Corporate B	92206c870	304,922	$23.6M	0.95%
33	Alphabet	GOOG	263,597	$23.3M	0.93%
34	UnitedHealth Group	UNH	43,797	$23.2M	0.93%
35	Marsh & McLennan	571748102	135,704	$22.5M	0.90%
36	iShares Russell 1000 Growth In	464287614	100,465	$21.5M	0.86%
37	Valero Energy	VLO	166,854	$21.2M	0.85%
38	NVIDIA	NVDA	142,388	$20.8M	0.83%
39	United Parcel Service	UPS	113,673	$19.8M	0.79%
40	Alphabet Cl C	GOOG	218,463	$19.4M	0.78%
41	Bristol-Myers Squibb	CELG-RI	264,976	$19.1M	0.76%
42	Pfizer	PFE	365,228	$18.7M	0.75%
43	Bank of America	060505104	564,954	$18.7M	0.75%
44	Mondelez International	609207105	279,092	$18.6M	0.74%
45	McDonald's	MCD	70,159	$18.5M	0.74%
46	EOG Resources	EOG	142,638	$18.5M	0.74%
47	Coca-Cola	KO	281,070	$17.9M	0.72%
48	ServiceNow	NOW	45,621	$17.7M	0.71%
49	Union Pacific	UNP	83,672	$17.3M	0.69%
50	PepsiCo	PEP	94,596	$17.1M	0.68%
51	JPMorgan Equity Premium Income	46641q332	312,808	$17.0M	0.68%
52	iShares Russell Midcap Growth	464287481	195,802	$16.4M	0.66%
53	Caterpillar	CAT	67,030	$16.1M	0.64%
54	Cisco Systems	CSCO	336,265	$16.0M	0.64%
55	Palo Alto Networks	PANW	114,776	$16.0M	0.64%
56	Johnson Controls International	JCI	246,392	$15.8M	0.63%
57	Medtronic	MDT	201,771	$15.7M	0.63%
58	Walmart, Inc.	WMT	106,118	$15.0M	0.60%
59	Raytheon Technologies	RTX	145,602	$14.7M	0.59%
60	Equinix	EQIX	21,718	$14.2M	0.57%
61	Salesforce	CRM	106,892	$14.2M	0.57%
62	Honeywell	438516106	63,955	$13.7M	0.55%
63	Sysco	SYY	175,569	$13.4M	0.54%
64	CoStar Group	CSGP	173,121	$13.4M	0.54%
65	Humana	HUM	25,916	$13.3M	0.53%
66	Walt Disney	254687106	151,992	$13.2M	0.53%
67	Linde	LIN	40,265	$13.1M	0.53%
68	American Tower	03027X100	60,655	$12.9M	0.51%
69	United Parcel Service	UPS	73,350	$12.8M	0.51%
70	Invesco S&P 500 Equal Weight E	IVZ	87,837	$12.4M	0.50%
71	iPath Bloomberg Commodity Inde	VXZ	367,526	$12.4M	0.50%
72	LAM Research	LRCX	29,475	$12.4M	0.50%
73	Estee Lauder	518439104	49,595	$12.3M	0.49%
74	L3Harris Technologies	LHX	56,762	$11.8M	0.47%
75	Stryker	SYK	47,781	$11.7M	0.47%
76	Sherwin-Williams	SHW	48,981	$11.6M	0.47%
77	Booking Holdings	BKNG	5,689	$11.5M	0.46%
78	Adobe	ADBE	33,261	$11.2M	0.45%
79	Aptiv	APTV	115,611	$10.8M	0.43%
80	iShares Russell Mid-Cap Value	464287473	102,159	$10.8M	0.43%
81	Dollar General	256677105	43,697	$10.8M	0.43%
82	Meta Platforms	META	87,112	$10.5M	0.42%
83	CVS Health Corporation	CVS	109,550	$10.2M	0.41%
84	Amgen	AMGN	38,073	$10.0M	0.40%
85	Vanguard Total Stock Market In	922908769	51,126	$9.8M	0.39%
86	Truist Financial	TFC-PR	226,032	$9.7M	0.39%
87	Zoetis	ZTS	66,342	$9.7M	0.39%
88	NiSource	NI	348,284	$9.5M	0.38%
89	Accenture Ltd. Cl A	ACN	35,667	$9.5M	0.38%
90	First Republic Bank	33616C100	76,592	$9.3M	0.37%
91	Verizon Communications	VZ	236,015	$9.3M	0.37%
92	Boeing	BA-PA	48,730	$9.3M	0.37%
93	JPM BetaBuilders Dev Asia ex-J	46641Q233	184,979	$9.1M	0.36%
94	Ecolab	ECL	60,738	$8.8M	0.35%
95	Oracle	ORCL-PD	101,436	$8.3M	0.33%
96	Gilead Sciences	GILD	85,450	$7.3M	0.29%
97	iShares Russell 1000 Index ETF	464287622	34,768	$7.3M	0.29%
98	NIKE Class B	NKE	62,137	$7.3M	0.29%
99	Synopsys	SNPS	22,533	$7.2M	0.29%
100	Applied Materials	038222105	72,162	$7.0M	0.28%
101	Vanguard FTSE All-World Ex-US	922042775	129,864	$6.5M	0.26%
102	iShares Intermediate Govt/Cred	464288612	60,902	$6.2M	0.25%
103	Chipotle Mexican Grill	CMG	4,370	$6.1M	0.24%
104	iShares Russell 2000 Fund ETF	464287655	33,890	$5.9M	0.24%
105	Schwab Emerging Markets Equity	808524706	236,522	$5.6M	0.22%
106	SPDR S&P 500 ETF Trust	SPY	13,220	$5.1M	0.20%
107	Charles Schwab	SCHW-PJ	60,088	$5.0M	0.20%
108	Tesla Motors	TSLA	33,004	$4.1M	0.16%
109	Starbucks	SBUX	38,126	$3.8M	0.15%
110	iShares S&P 500 Index Fund	464287200	9,469	$3.6M	0.15%
111	SPDR S&P MidCap 400 ETF Trust	MDY	8,190	$3.6M	0.15%
112	SPDR Short Term Corporate Bond	78464A474	109,906	$3.2M	0.13%
113	General Motors	37045V100	95,932	$3.2M	0.13%
114	Abbott Labs	ABLZF	25,199	$2.8M	0.11%
115	iShares S&P Small Cap 600 Inde	464287804	28,129	$2.7M	0.11%
116	Microsoft	MSFT	8,943	$2.1M	0.09%
117	Colgate-Palmolive	CL	26,592	$2.1M	0.08%
118	iShares Russell 1000 Index ETF	464287622	9,467	$2.0M	0.08%
119	Vanguard S&P 500 ETF	922908363	5,551	$2.0M	0.08%
120	Berkshire Hathaway A	BRK-A	4	$1.9M	0.08%
121	Vanguard Russell 1000 Value In	92206c714	27,017	$1.8M	0.07%
122	Automatic Data Processing	ADP	7,497	$1.8M	0.07%
123	Vanguard Mid-Cap ETF	922908629	8,494	$1.7M	0.07%
124	Invesco QQQ Trust	IVZ	6,309	$1.7M	0.07%
125	Exxon Mobil	XOM	14,747	$1.6M	0.07%
126	EPAM Systems	EPAM	4,460	$1.5M	0.06%
127	Vanguard Russell 1000 Growth I	92206c680	25,574	$1.4M	0.06%
128	Apple	AAPL	10,435	$1.4M	0.05%
129	Berkshire Hathaway B	BRK-A	4,230	$1.3M	0.05%
130	Schwab International Equity ET	808524805	38,973	$1.3M	0.05%
131	Vanguard High Dividend Yield E	921946406	11,375	$1.2M	0.05%
132	Philip Morris Int'l	718172109	11,755	$1.2M	0.05%
133	PACCAR	PCAR	11,740	$1.2M	0.05%
134	U.S. Bancorp	USB-PS	25,193	$1.1M	0.04%
135	Schwab US Small Cap ETF	808524607	26,448	$1.1M	0.04%
136	Altria Group	MO	21,769	$995,063	0.04%
137	Schwab US Large Cap ETF	808524201	20,850	$941,390	0.04%
138	iShares Russell 3000	464287689	4,022	$887,575	0.04%
139	Vanguard Value ETF	922908744	6,094	$855,458	0.03%
140	Merck	MRK	7,385	$819,365	0.03%
141	Vanguard Large Cap ETF	922908637	4,072	$709,342	0.03%
142	Nestle SA F ADR	641069406	6,130	$707,034	0.03%
143	Vanguard High Dividend Yield E	921946406	6,251	$676,421	0.03%
144	iShares Core S&P Total US Stoc	464287150	7,839	$664,747	0.03%
145	3M	MMM	5,543	$664,717	0.03%
146	AbbVie	ABBV	4,065	$656,867	0.03%
147	MasterCard	MA	1,883	$654,742	0.03%
148	Vanguard Information Technolog	92204A702	2,040	$651,613	0.03%
149	WEC Energy Group	WEC	6,476	$607,190	0.02%
150	Constellation Brands	STZ	2,548	$590,499	0.02%
151	iShares Russell 1000 Value Ind	464287598	3,795	$575,512	0.02%
152	Emerson Electric	EMR	5,974	$573,817	0.02%
153	iShares 3-7 Year Treasury Bond	464288661	4,920	$565,259	0.02%
154	General Mills	370334104	6,686	$560,583	0.02%
155	BlackRock	BLK	778	$551,614	0.02%
156	Netflix	NFLX	1,785	$526,361	0.02%
157	Vanguard Mid-Cap Value ETF	922908512	3,838	$519,010	0.02%
158	Gilead Sciences	GILD	5,770	$495,354	0.02%
159	Stora Enso Oyj	86210m106	34,761	$488,740	0.02%
160	Technology Select Sector SPDR	81369Y803	3,927	$488,692	0.02%
161	iShares Dow Jones US ETF	464287846	4,910	$458,839	0.02%
162	Starbucks	SBUX	4,620	$458,304	0.02%
163	Heritage Financial	42722X106	14,827	$454,299	0.02%
164	Deere & Company	DE	1,031	$442,052	0.02%
165	Vanguard Dividend Appreciation	921908844	2,896	$439,798	0.02%
166	Health Care Select Sector SPDR	81369Y209	3,200	$434,720	0.02%
167	iShares Core US Aggregate Bond	464287226	4,350	$421,883	0.02%
168	Vanguard Short-Term Corporate	92206C409	5,589	$420,237	0.02%
169	iShares Russell 1000 Growth In	464287614	1,918	$410,912	0.02%
170	PayPal Holdings	PYPL	5,737	$408,589	0.02%
171	iShares MSCI ACWI ex US ETF	464288240	8,736	$397,488	0.02%
172	iShares TIPS Bond ETF	464287176	3,714	$395,278	0.02%
173	Lowe's	548661107	1,983	$395,093	0.02%
174	iShares National Muni Bond ETF	464288414	3,550	$374,596	0.01%
175	Charles Schwab	SCHW-PJ	4,416	$367,711	0.01%
176	Schwab U.S. Large-Cap Growth E	808524300	6,617	$367,666	0.01%
177	Procter & Gamble	742718109	2,352	$356,469	0.01%
178	iShares Russell 2500 ETF	46435G268	6,651	$353,434	0.01%
179	Remitly Global Inc	RELY	30,851	$353,244	0.01%
180	Qualcomm	QCOM	3,166	$348,070	0.01%
181	Xcel Energy	XELLL	4,863	$340,945	0.01%
182	Banner	BANR	5,302	$335,086	0.01%
183	iShares Dow Jones US Healthcar	464287762	1,175	$333,359	0.01%
184	Vanguard Growth ETF	922908736	1,561	$332,707	0.01%
185	Lockheed Martin	LMT	671	$326,435	0.01%
186	Broadcom	AVGO	580	$324,295	0.01%
187	Bank of Montreal	063671101	3,576	$323,986	0.01%
188	Ferrari N V	RACE	1,453	$311,262	0.01%
189	Clorox	CLX	2,213	$310,486	0.01%
190	Comcast Class A	CCZ	8,782	$307,107	0.01%
191	Comm Services Select Sector SP	81369y852	6,364	$305,408	0.01%
192	Goldman Sachs Access Treasury	NVGLF	3,037	$302,819	0.01%
193	AutoZone	AZO	122	$300,874	0.01%
194	Intel	INTC	11,010	$290,994	0.01%
195	Novo-Nordisk A/S ADR	NONOF	2,084	$282,049	0.01%
196	SPDR Dow Jones Industrial Avg	DIA	851	$281,940	0.01%
197	Schwab U.S. Aggregate Bond ETF	808524839	6,135	$280,058	0.01%
198	Energy Select Sector SPDR ETF	81369y506	3,200	$279,904	0.01%
199	Consumer Discretionary Select	81369Y407	2,090	$269,912	0.01%
200	Goldman Sachs Group	GSCE	775	$266,119	0.01%
201	Becton Dickinson	BDX	990	$251,757	0.01%
202	Timberland Bancorp Inc.	TSBK	7,366	$251,402	0.01%
203	AFLAC	AFL	3,472	$249,776	0.01%
204	Waste Management	94106L109	1,558	$244,494	0.01%
205	Dimensional US Marketwide Valu	25434v724	7,227	$241,960	0.01%
206	Peabody Energy	BTU	9,080	$239,894	0.01%
207	iShares S&P SmlCap 600 Growth	464287887	2,216	$239,508	0.01%
208	Vanguard Extended Market ETF	922908652	1,787	$237,390	0.01%
209	Seattle Genetics	SE	1,750	$224,892	0.01%
210	Northrop Grumman	NOC	401	$218,790	0.01%
211	Canadian Pacific Railway LTD	13645t100	2,915	$217,430	0.01%
212	iShares MSCI USA Min Vol Facto	46429b697	3,000	$216,300	0.01%
213	Marriott International Cl A	571903202	1,450	$215,890	0.01%
214	Vanguard Financials	92204A405	2,602	$215,263	0.01%
215	Paychex	PAYX	1,842	$212,862	0.01%
216	CIGNA	125523100	630	$208,744	0.01%
217	TJX Companies	872540109	2,583	$205,605	0.01%
218	Technology Select Sector SPDR	81369Y803	1,650	$205,326	0.01%
219	Riverview Bancorp Inc.	RVSB	24,300	$186,624	0.01%
220	Calamos Strategic Total Return	CSQ	10,793	$144,842	0.01%
221	Tilray	TLRY	32,096	$86,338	0.00%
222	CIM Real Estate Finance Trust	CMRF	12,460	$81,862	0.00%
223	Vida Longevity Fund, LP Class	bp0003003	75,387	$75,387	0.00%
224	Leafly Holdings	52178j105	70,653	$46,059	0.00%
225	PT Unilever Indonesia Tbk	y9064h141	30,000	$9,058	0.00%
226	Trilogy International Partners	89621t108	10,000	$1,623	0.00%
227	BIFS Technologies	05547a106	10,500	$0	0.00%