13F HOLDINGS REPORT

Badgley Phelps Wealth Managers, LLC

Quarter ended Q2 2023 · Filed April 28, 2023 · Accession 0001895362-23-000004

Total Value

$2.72B

Positions

223

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (223)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	iShares MSCI EAFE ETF	464287465	2,025,732	$144.9M	5.33%
2	Microsoft	MSFT	425,576	$122.7M	4.51%
3	Apple	AAPL	709,941	$117.1M	4.31%
4	Vanguard Small Cap ETF	922908751	438,935	$83.2M	3.06%
5	Vanguard FTSE Developed Market	921943858	1,689,663	$76.3M	2.81%
6	Vanguard FTSE Emerging Markets	922042858	1,832,496	$74.0M	2.72%
7	iShares Core S&P Mid-Cap ETF	464287507	288,769	$72.2M	2.66%
8	Amazon.com	AMZN	496,199	$51.3M	1.89%
9	Vanguard Intmdt-Term Trs ETF	92206C706	849,564	$50.9M	1.87%
10	iShares Russell 2000 Value Ind	464287630	325,318	$44.6M	1.64%
11	VISA Class A	V	180,434	$40.7M	1.50%
12	NVIDIA	NVDA	144,268	$40.1M	1.47%
13	iShares Russell 2000 Growth In	464287648	175,216	$39.7M	1.46%
14	Costco Wholesale	22160K105	78,726	$39.1M	1.44%
15	Chevron	CVX	229,665	$37.5M	1.38%
16	Berkshire Hathaway B	BRK-A	119,942	$37.0M	1.36%
17	Vanguard Intermediate-Term Bon	921937819	481,092	$36.9M	1.36%
18	JPMorgan Ultra-Short Income ET	46641Q837	731,861	$36.8M	1.36%
19	iShares Russell Midcap Index E	464287499	474,968	$33.2M	1.22%
20	iShares Treasury Floating Rate	46434v860	653,500	$33.1M	1.22%
21	Morgan Stanley	MS-PQ	373,272	$32.8M	1.21%
22	Eli Lilly	LLY	91,872	$31.6M	1.16%
23	JPMorgan Chase	VYLD	240,757	$31.4M	1.15%
24	Johnson & Johnson	JNJ	198,258	$30.7M	1.13%
25	Prologis	PLDGP	239,804	$29.9M	1.10%
26	Procter & Gamble	742718109	201,208	$29.9M	1.10%
27	Alphabet	GOOG	265,350	$27.5M	1.01%
28	Vanguard Large Cap ETF	922908637	142,376	$26.6M	0.98%
29	SPDR Portfolio Large Cap ETF	78464a854	539,213	$26.0M	0.96%
30	Vanguard Int.-Term Corporate B	92206c870	319,487	$25.6M	0.94%
31	Thermo Fisher Scientific	TMO	42,735	$24.6M	0.91%
32	iShares Russell 1000 Value Ind	464287598	159,030	$24.2M	0.89%
33	iShares Russell 1000 Growth In	464287614	96,408	$23.6M	0.87%
34	Palo Alto Networks	PANW	117,906	$23.6M	0.87%
35	Meta Platforms	META	110,459	$23.4M	0.86%
36	Alphabet Cl C	GOOG	224,217	$23.3M	0.86%
37	Marsh & McLennan	571748102	138,590	$23.1M	0.85%
38	Salesforce	CRM	109,857	$21.9M	0.81%
39	UnitedHealth Group	UNH	46,302	$21.9M	0.81%
40	ServiceNow	NOW	46,799	$21.7M	0.80%
41	Home Depot	HD	73,655	$21.7M	0.80%
42	United Parcel Service	UPS	108,926	$21.1M	0.78%
43	McDonald's	MCD	71,257	$19.9M	0.73%
44	Linde	LIN	55,706	$19.8M	0.73%
45	Mondelez International	609207105	282,961	$19.7M	0.73%
46	Danaher	235851102	77,966	$19.7M	0.72%
47	NextEra Energy	NEE-PW	249,977	$19.3M	0.71%
48	Bristol-Myers Squibb	CELG-RI	270,609	$18.8M	0.69%
49	PepsiCo	PEP	100,953	$18.4M	0.68%
50	iShares Russell Midcap Growth	464287481	198,773	$18.1M	0.67%
51	Cisco Systems	CSCO	345,544	$18.1M	0.66%
52	Valero Energy	VLO	129,075	$18.0M	0.66%
53	Coca-Cola	KO	283,769	$17.6M	0.65%
54	Union Pacific	UNP	85,423	$17.2M	0.63%
55	Medtronic	MDT	210,018	$16.9M	0.62%
56	Walt Disney	254687106	167,414	$16.8M	0.62%
57	Bank of America	060505104	582,217	$16.7M	0.61%
58	EOG Resources	EOG	145,076	$16.6M	0.61%
59	Walmart, Inc.	WMT	107,716	$15.9M	0.58%
60	LAM Research	LRCX	29,852	$15.8M	0.58%
61	Equinix	EQIX	21,947	$15.8M	0.58%
62	Caterpillar	CAT	69,096	$15.8M	0.58%
63	Johnson Controls International	JCI	261,798	$15.8M	0.58%
64	United Parcel Service	UPS	79,874	$15.5M	0.57%
65	Booking Holdings	BKNG	5,826	$15.5M	0.57%
66	Pfizer	PFE	371,146	$15.1M	0.56%
67	Raytheon Technologies	RTX	149,903	$14.7M	0.54%
68	Sysco	SYY	179,123	$13.8M	0.51%
69	Humana	HUM	28,395	$13.8M	0.51%
70	Stryker	SYK	48,020	$13.7M	0.50%
71	Chubb	CB	69,342	$13.5M	0.50%
72	Aptiv	APTV	118,306	$13.3M	0.49%
73	Adobe	ADBE	34,150	$13.2M	0.48%
74	American Tower	03027X100	61,906	$12.6M	0.47%
75	Accenture Ltd. Cl A	ACN	44,025	$12.6M	0.46%
76	Estee Lauder	518439104	50,425	$12.4M	0.46%
77	Honeywell	438516106	64,216	$12.3M	0.45%
78	CoStar Group	CSGP	176,521	$12.2M	0.45%
79	iShares Russell Mid-Cap Value	464287473	109,534	$11.6M	0.43%
80	L3Harris Technologies	LHX	58,344	$11.4M	0.42%
81	Boeing	BA-PA	53,873	$11.4M	0.42%
82	NiSource	NI	401,608	$11.2M	0.41%
83	Sherwin-Williams	SHW	49,798	$11.2M	0.41%
84	Zoetis	ZTS	67,063	$11.2M	0.41%
85	Oracle	ORCL-PD	113,874	$10.6M	0.39%
86	Vanguard Total Stock Market In	922908769	51,244	$10.5M	0.38%
87	Verizon Communications	VZ	262,711	$10.2M	0.38%
88	JPM BetaBuilders Dev Asia ex-J	46641Q233	206,811	$10.2M	0.37%
89	Ecolab	ECL	59,768	$9.9M	0.36%
90	Dollar General	256677105	46,351	$9.8M	0.36%
91	Vanguard Total International S	921909768	170,895	$9.4M	0.35%
92	Applied Materials	038222105	75,564	$9.3M	0.34%
93	Amgen	AMGN	38,330	$9.3M	0.34%
94	Tesla Motors	TSLA	44,044	$9.1M	0.34%
95	Synopsys	SNPS	23,102	$8.9M	0.33%
96	iShares S&P Small Cap 600 Inde	464287804	91,516	$8.8M	0.33%
97	CVS Health Corporation	CVS	118,821	$8.8M	0.32%
98	Truist Financial	TFC-PR	234,553	$8.0M	0.29%
99	NIKE Class B	NKE	63,522	$7.8M	0.29%
100	Vanguard FTSE All-World Ex-US	922042775	143,426	$7.7M	0.28%
101	Chipotle Mexican Grill	CMG	4,477	$7.6M	0.28%
102	O'Reilly Automotive	ORLY	9,000	$7.6M	0.28%
103	iShares Russell 1000 Index ETF	464287622	32,652	$7.4M	0.27%
104	iShares Intermediate Govt/Cred	464288612	68,733	$7.2M	0.26%
105	Gilead Sciences	GILD	83,050	$6.9M	0.25%
106	iShares Russell 2000 Fund ETF	464287655	33,791	$6.0M	0.22%
107	SPDR S&P 500 ETF Trust	SPY	12,785	$5.2M	0.19%
108	General Motors	37045V100	141,933	$5.2M	0.19%
109	Marvell Technology Group	MRVL	119,913	$5.2M	0.19%
110	Starbucks	SBUX	37,958	$4.0M	0.15%
111	SPDR S&P MidCap 400 ETF Trust	MDY	8,315	$3.8M	0.14%
112	Schwab Emerging Markets Equity	808524706	150,250	$3.7M	0.14%
113	iShares S&P 500 Index Fund	464287200	8,107	$3.3M	0.12%
114	iShares S&P Small Cap 600 Inde	464287804	28,158	$2.7M	0.10%
115	SPDR Short Term Corporate Bond	78464A474	90,731	$2.7M	0.10%
116	Microsoft	MSFT	8,943	$2.6M	0.09%
117	iShares Core S&P Total US Stoc	464287150	27,456	$2.5M	0.09%
118	iShares Russell 1000 Index ETF	464287622	9,497	$2.1M	0.08%
119	Abbott Labs	ABLZF	21,049	$2.1M	0.08%
120	Colgate-Palmolive	CL	26,592	$2.0M	0.07%
121	Vanguard S&P 500 ETF	922908363	5,245	$2.0M	0.07%
122	Berkshire Hathaway A	BRK-A	4	$1.9M	0.07%
123	Automatic Data Processing	ADP	8,341	$1.9M	0.07%
124	Vanguard Mid-Cap ETF	922908629	8,703	$1.8M	0.07%
125	Vanguard Russell 1000 Value In	92206c714	27,391	$1.8M	0.07%
126	Invesco QQQ Trust	IVZ	5,658	$1.8M	0.07%
127	Apple	AAPL	10,285	$1.7M	0.06%
128	Exxon Mobil	XOM	14,676	$1.6M	0.06%
129	Vanguard Russell 1000 Growth I	92206c680	24,048	$1.5M	0.06%
130	PACCAR	PCAR	18,714	$1.4M	0.05%
131	EPAM Systems	EPAM	4,460	$1.3M	0.05%
132	Berkshire Hathaway B	BRK-A	4,230	$1.3M	0.05%
133	Schwab US Small Cap ETF	808524607	28,782	$1.2M	0.04%
134	Philip Morris Int'l	718172109	11,365	$1.1M	0.04%
135	Schwab US Large Cap ETF	808524201	22,467	$1.1M	0.04%
136	Altria Group	MO	20,143	$898,783	0.03%
137	iShares Russell 3000	464287689	3,776	$888,908	0.03%
138	Merck	MRK	8,308	$883,887	0.03%
139	iShares TIPS Bond ETF	464287176	7,575	$835,111	0.03%
140	Schwab International Equity ET	808524805	23,943	$833,216	0.03%
141	Vanguard Value ETF	922908744	5,881	$812,226	0.03%
142	Lowe's	548661107	3,803	$760,486	0.03%
143	Vanguard Large Cap ETF	922908637	4,022	$751,350	0.03%
144	Nestle SA F ADR	641069406	6,036	$734,521	0.03%
145	AbbVie	ABBV	4,340	$691,645	0.03%
146	MasterCard	MA	1,892	$687,537	0.03%
147	Netflix	NFLX	1,967	$679,559	0.03%
148	Vanguard High Dividend Yield E	921946406	5,972	$630,046	0.02%
149	WEC Energy Group	WEC	6,645	$629,880	0.02%
150	iShares Core US Aggregate Bond	464287226	6,011	$598,912	0.02%
151	Vanguard Information Technolog	92204A702	1,550	$597,499	0.02%
152	U.S. Bancorp	USB-PS	16,281	$586,930	0.02%
153	iShares Russell 1000 Value Ind	464287598	3,823	$582,090	0.02%
154	BlackRock	BLK	864	$578,403	0.02%
155	Constellation Brands	STZ	2,548	$575,568	0.02%
156	3M	MMM	5,431	$570,852	0.02%
157	General Mills	370334104	6,621	$565,792	0.02%
158	Remitly Global Inc	RELY	30,851	$522,924	0.02%
159	Broadcom	AVGO	806	$517,371	0.02%
160	Emerson Electric	EMR	5,884	$512,704	0.02%
161	Schwab U.S. Large-Cap Growth E	808524300	7,727	$503,561	0.02%
162	iShares Dow Jones US ETF	464287846	4,910	$491,344	0.02%
163	Starbucks	SBUX	4,620	$481,081	0.02%
164	iShares Russell 1000 Growth In	464287614	1,937	$473,267	0.02%
165	Technology Select Sector SPDR	81369Y803	3,089	$466,489	0.02%
166	Gilead Sciences	GILD	5,593	$464,051	0.02%
167	Deere & Company	DE	1,101	$454,581	0.02%
168	Stora Enso Oyj	86210m106	34,761	$452,588	0.02%
169	Lockheed Martin	LMT	946	$447,203	0.02%
170	Vanguard Short-Term Corporate	92206C409	5,785	$440,991	0.02%
171	Seattle Genetics	SE	2,144	$434,096	0.02%
172	Qualcomm	QCOM	3,280	$418,402	0.02%
173	Vanguard Dividend Appreciation	921908844	2,685	$413,499	0.02%
174	Intel	INTC	12,337	$403,050	0.01%
175	iShares MSCI ACWI ex US ETF	464288240	8,022	$391,233	0.01%
176	Ferrari N V	RACE	1,413	$382,838	0.01%
177	Vanguard Growth ETF	922908736	1,519	$378,949	0.01%
178	Health Care Select Sector SPDR	81369Y209	2,874	$372,068	0.01%
179	Air Products & Chemicals	AIIR	1,284	$368,778	0.01%
180	Xcel Energy	XELLL	5,255	$354,409	0.01%
181	Clorox	CLX	2,213	$350,140	0.01%
182	SPDR Gold Trust	GLD	1,898	$347,752	0.01%
183	PayPal Holdings	PYPL	4,499	$341,654	0.01%
184	Becton Dickinson	BDX	1,366	$338,140	0.01%
185	Comcast Class A	CCZ	8,680	$329,059	0.01%
186	Procter & Gamble	742718109	2,177	$323,698	0.01%
187	iShares Dow Jones US Healthcar	464287762	1,175	$320,845	0.01%
188	Novo-Nordisk A/S ADR	NONOF	2,010	$319,871	0.01%
189	Heritage Financial	42722X106	14,827	$317,298	0.01%
190	iShares MSCI USA Min Vol Facto	46429b697	4,308	$313,364	0.01%
191	TJX Companies	872540109	3,862	$302,625	0.01%
192	iShares National Muni Bond ETF	464288414	2,800	$301,672	0.01%
193	Comm Services Select Sector SP	81369y852	5,195	$301,154	0.01%
194	Banner	BANR	5,302	$288,270	0.01%
195	AutoZone	AZO	117	$287,604	0.01%
196	SPDR Dow Jones Industrial Avg	DIA	851	$283,038	0.01%
197	Vanguard High Dividend Yield E	921946406	2,638	$278,337	0.01%
198	Vanguard Dividend Appreciation	921908844	1,803	$277,739	0.01%
199	American Express	AXP	1,675	$276,291	0.01%
200	Waste Management	94106L109	1,558	$254,297	0.01%
201	iShares Core MSCI EAFE ETF	46432f842	3,777	$252,492	0.01%
202	Vanguard Extended Market ETF	922908652	1,800	$252,327	0.01%
203	Energy Select Sector SPDR ETF	81369y506	3,000	$248,490	0.01%
204	Marriott International Cl A	571903202	1,466	$243,415	0.01%
205	Dimensional US Marketwide Valu	25434v724	7,227	$241,960	0.01%
206	Charles Schwab	SCHW-PJ	4,529	$237,251	0.01%
207	Vanguard Mid-Cap Value ETF	922908512	1,751	$234,716	0.01%
208	Technology Select Sector SPDR	81369Y803	1,540	$232,555	0.01%
209	Tesla Motors	TSLA	1,106	$229,451	0.01%
210	Canadian Pacific Railway LTD	13645t100	2,915	$224,280	0.01%
211	AFLAC	AFL	3,472	$224,013	0.01%
212	Autodesk	ADSK	1,032	$214,821	0.01%
213	Peabody Energy	BTU	8,330	$213,248	0.01%
214	Ford Motor	345370860	16,921	$213,206	0.01%
215	Paychex	PAYX	1,842	$211,075	0.01%
216	Shell plc	RYDAF	3,494	$201,045	0.01%
217	Riverview Bancorp Inc.	RVSB	24,300	$129,762	0.00%
218	CIM Real Estate Finance Trust	CMRF	12,460	$81,862	0.00%
219	Tilray	TLRY	32,096	$81,203	0.00%
220	Leafly Holdings	52178j105	70,653	$28,254	0.00%
221	PT Unilever Indonesia Tbk	y9064h141	30,000	$8,706	0.00%
222	Trilogy International Partners	89621t108	10,000	$400	0.00%
223	BIFS Technologies	05547a106	10,500	$0	0.00%