13F HOLDINGS REPORT

Badgley Phelps Wealth Managers, LLC

Quarter ended Q3 2023 · Filed August 15, 2023 · Accession 0001895362-23-000006

Total Value

$3.03B

Positions

258

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (258)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	Microsoft	MSFT	479,262	$163.2M	5.39%
2	iShares MSCI EAFE ETF	464287465	2,037,614	$147.7M	4.88%
3	Apple	AAPL	733,355	$142.2M	4.70%
4	Vanguard Small Cap ETF	922908751	447,299	$89.0M	2.94%
5	Vanguard FTSE Developed Market	921943858	1,694,936	$78.3M	2.59%
6	iShares Core S&P Mid-Cap ETF	464287507	295,028	$77.1M	2.55%
7	Vanguard FTSE Emerging Markets	922042858	1,874,982	$76.3M	2.52%
8	Amazon.com	AMZN	512,322	$66.8M	2.21%
9	NVIDIA	NVDA	143,940	$60.9M	2.01%
10	SPDR Portfolio Large Cap ETF	78464a854	925,973	$48.3M	1.59%
11	iShares Russell 2000 Value Ind	464287630	327,823	$46.2M	1.52%
12	VISA Class A	V	191,579	$45.5M	1.50%
13	Costco Wholesale	22160K105	84,200	$45.3M	1.50%
14	Berkshire Hathaway B	BRK-A	128,450	$43.8M	1.45%
15	iShares Russell 2000 Growth In	464287648	178,630	$43.3M	1.43%
16	Eli Lilly	LLY	90,617	$42.5M	1.40%
17	Vanguard Intmdt-Term Trs ETF	92206C706	657,439	$38.6M	1.27%
18	JPMorgan Chase	VYLD	261,964	$38.1M	1.26%
19	Chevron	CVX	241,444	$38.0M	1.26%
20	Vanguard Intermediate-Term Bon	921937819	487,812	$36.7M	1.21%
21	iShares Russell Midcap Index E	464287499	486,127	$35.5M	1.17%
22	Meta Platforms	META	117,543	$33.7M	1.11%
23	iShares Treasury Floating Rate	46434v860	653,097	$33.1M	1.09%
24	Johnson & Johnson	JNJ	199,692	$33.1M	1.09%
25	Morgan Stanley	MS-PQ	379,193	$32.4M	1.07%
26	Alphabet	GOOG	269,786	$32.3M	1.07%
27	Procter & Gamble	742718109	208,834	$31.7M	1.05%
28	Alphabet Cl C	GOOG	251,840	$30.5M	1.01%
29	Palo Alto Networks	PANW	116,854	$29.9M	0.99%
30	Prologis	PLDGP	243,010	$29.8M	0.98%
31	Vanguard Large Cap ETF	922908637	146,288	$29.7M	0.98%
32	JPMorgan Ultra-Short Income ET	46641Q837	535,174	$26.8M	0.89%
33	iShares Russell 1000 Growth In	464287614	96,815	$26.6M	0.88%
34	ServiceNow	NOW	46,425	$26.1M	0.86%
35	Marsh & McLennan	571748102	137,848	$25.9M	0.86%
36	iShares Russell 1000 Value Ind	464287598	163,698	$25.8M	0.85%
37	Vanguard Int.-Term Corporate B	92206c870	322,232	$25.5M	0.84%
38	Salesforce	CRM	116,708	$24.7M	0.81%
39	UnitedHealth Group	UNH	49,605	$23.8M	0.79%
40	Home Depot	HD	75,304	$23.4M	0.77%
41	Thermo Fisher Scientific	TMO	42,295	$22.1M	0.73%
42	Linde	LIN	57,605	$22.0M	0.73%
43	McDonald's	MCD	71,728	$21.4M	0.71%
44	PepsiCo	PEP	113,405	$21.0M	0.69%
45	Mondelez International	609207105	285,289	$20.8M	0.69%
46	Danaher	235851102	85,959	$20.6M	0.68%
47	Cisco Systems	CSCO	384,653	$19.9M	0.66%
48	Medtronic	MDT	224,572	$19.8M	0.65%
49	United Parcel Service	UPS	108,926	$19.5M	0.65%
50	LAM Research	LRCX	30,304	$19.5M	0.64%
51	iShares Russell Midcap Growth	464287481	200,510	$19.4M	0.64%
52	NextEra Energy	NEE-PW	250,810	$18.6M	0.61%
53	Honeywell	438516106	89,468	$18.6M	0.61%
54	Adobe	ADBE	37,582	$18.4M	0.61%
55	Bristol-Myers Squibb	CELG-RI	278,927	$17.8M	0.59%
56	Johnson Controls International	JCI	260,762	$17.8M	0.59%
57	Union Pacific	UNP	85,980	$17.6M	0.58%
58	iShares S&P Small Cap 600 Inde	464287804	176,428	$17.6M	0.58%
59	Caterpillar	CAT	70,319	$17.3M	0.57%
60	Coca-Cola	KO	285,507	$17.2M	0.57%
61	Walmart, Inc.	WMT	108,735	$17.1M	0.56%
62	Bank of America	060505104	594,407	$17.1M	0.56%
63	Equinix	EQIX	21,748	$17.0M	0.56%
64	EOG Resources	EOG	146,534	$16.8M	0.55%
65	Booking Holdings	BKNG	6,113	$16.5M	0.55%
66	Walt Disney	254687106	174,842	$15.6M	0.52%
67	CoStar Group	CSGP	175,271	$15.6M	0.52%
68	Valero Energy	VLO	128,463	$15.1M	0.50%
69	Oracle	ORCL-PD	121,320	$14.4M	0.48%
70	Stryker	SYK	47,328	$14.4M	0.48%
71	United Parcel Service	UPS	80,358	$14.4M	0.48%
72	Accenture Ltd. Cl A	ACN	44,519	$13.7M	0.45%
73	Pfizer	PFE	374,010	$13.7M	0.45%
74	American Tower	03027X100	69,646	$13.5M	0.45%
75	Chubb	CB	69,775	$13.4M	0.44%
76	Sysco	SYY	177,406	$13.2M	0.43%
77	Sherwin-Williams	SHW	49,255	$13.1M	0.43%
78	Humana	HUM	28,924	$12.9M	0.43%
79	iShares Russell Mid-Cap Value	464287473	114,863	$12.6M	0.42%
80	Aptiv	APTV	118,288	$12.1M	0.40%
81	Boeing	BA-PA	55,834	$11.8M	0.39%
82	Zoetis	ZTS	67,332	$11.6M	0.38%
83	Tesla Motors	TSLA	43,350	$11.3M	0.37%
84	NiSource	NI	413,810	$11.3M	0.37%
85	Ecolab	ECL	59,976	$11.2M	0.37%
86	Applied Materials	038222105	75,177	$10.9M	0.36%
87	Vanguard Total International S	921909768	185,265	$10.4M	0.34%
88	Verizon Communications	VZ	276,162	$10.3M	0.34%
89	JPM BetaBuilders Dev Asia ex-J	46641Q233	210,936	$10.1M	0.33%
90	Synopsys	SNPS	23,043	$10.0M	0.33%
91	RTX Corporation	RTX	100,783	$9.9M	0.33%
92	Vanguard Total Stock Market In	922908769	43,970	$9.7M	0.32%
93	Estee Lauder	518439104	49,136	$9.6M	0.32%
94	Chipotle Mexican Grill	CMG	4,444	$9.5M	0.31%
95	CVS Health Corporation	CVS	136,737	$9.5M	0.31%
96	O'Reilly Automotive	ORLY	9,341	$8.9M	0.29%
97	iShares Intermediate Govt/Cred	464288612	83,594	$8.6M	0.28%
98	Amgen	AMGN	38,444	$8.5M	0.28%
99	iShares Russell 1000 Index ETF	464287622	33,897	$8.3M	0.27%
100	Vanguard FTSE All-World Ex-US	922042775	145,941	$7.9M	0.26%
101	Dollar General	256677105	45,014	$7.6M	0.25%
102	Marvell Technology Group	MRVL	124,291	$7.4M	0.25%
103	NIKE Class B	NKE	63,867	$7.0M	0.23%
104	Cognizant Tech Solutions	CTSH	106,867	$7.0M	0.23%
105	L3Harris Technologies	LHX	32,914	$6.4M	0.21%
106	Gilead Sciences	GILD	83,050	$6.4M	0.21%
107	SPDR S&P 500 ETF Trust	SPY	13,358	$5.9M	0.20%
108	iShares Russell 2000 Fund ETF	464287655	30,333	$5.7M	0.19%
109	General Motors	37045V100	145,439	$5.6M	0.19%
110	Starbucks	SBUX	52,728	$5.2M	0.17%
111	Crown Holdings	CCK	58,867	$5.1M	0.17%
112	iShares S&P 500 Index Fund	464287200	10,958	$4.9M	0.16%
113	SPDR S&P MidCap 400 ETF Trust	MDY	8,408	$4.0M	0.13%
114	Schwab Emerging Markets Equity	808524706	132,082	$3.3M	0.11%
115	SPDR S&P Dividend ETF	78464a763	26,006	$3.2M	0.11%
116	Lowe's	548661107	13,684	$3.1M	0.10%
117	Microsoft	MSFT	8,943	$3.0M	0.10%
118	iShares S&P Small Cap 600 Inde	464287804	28,352	$2.8M	0.09%
119	Health Care Select Sector SPDR	81369Y209	21,182	$2.8M	0.09%
120	SPDR Short Term Corporate Bond	78464A474	93,162	$2.7M	0.09%
121	iShares Core S&P Total US Stoc	464287150	24,491	$2.4M	0.08%
122	Copart	CPRT	26,220	$2.4M	0.08%
123	Abbott Labs	ABLZF	21,514	$2.3M	0.08%
124	iShares Russell 1000 Index ETF	464287622	9,497	$2.3M	0.08%
125	Nestle SA F ADR	641069406	19,069	$2.3M	0.08%
126	Deere & Company	DE	5,623	$2.3M	0.08%
127	Vanguard S&P 500 ETF	922908363	5,089	$2.1M	0.07%
128	Berkshire Hathaway A	BRK-A	4	$2.1M	0.07%
129	Invesco QQQ Trust	IVZ	5,590	$2.1M	0.07%
130	Colgate-Palmolive	CL	26,492	$2.0M	0.07%
131	AbbVie	ABBV	14,957	$2.0M	0.07%
132	Apple	AAPL	10,160	$2.0M	0.07%
133	Vanguard Mid-Cap ETF	922908629	8,653	$1.9M	0.06%
134	Automatic Data Processing	ADP	8,275	$1.8M	0.06%
135	KKR & Co	KKRT	31,240	$1.7M	0.06%
136	Vanguard Russell 1000 Growth I	92206c680	24,471	$1.7M	0.06%
137	Vanguard Russell 1000 Value In	92206c714	24,811	$1.7M	0.06%
138	American Express	AXP	9,680	$1.7M	0.06%
139	Jacobs Solutions	J	13,544	$1.6M	0.05%
140	Exxon Mobil	XOM	14,982	$1.6M	0.05%
141	T-Mobile US	TMUSZ	10,729	$1.5M	0.05%
142	Berkshire Hathaway B	BRK-A	4,230	$1.4M	0.05%
143	Qualcomm	QCOM	12,022	$1.4M	0.05%
144	Paychex	PAYX	11,617	$1.3M	0.04%
145	PACCAR	PCAR	15,390	$1.3M	0.04%
146	Parker-Hannifin	PH	3,299	$1.3M	0.04%
147	Schwab US Small Cap ETF	808524607	27,170	$1.2M	0.04%
148	iShares Russell 3000	464287689	4,569	$1.2M	0.04%
149	Schwab US Large Cap ETF	808524201	21,488	$1.1M	0.04%
150	Remitly Global Inc	RELY	58,752	$1.1M	0.04%
151	Philip Morris Int'l	718172109	11,119	$1.1M	0.04%
152	Ball	BALL	18,279	$1.1M	0.04%
153	Kimberly-Clark	KMB	7,361	$1.0M	0.03%
154	EPAM Systems	EPAM	4,460	$1.0M	0.03%
155	Merck	MRK	8,685	$1.0M	0.03%
156	Ferguson plc	FERG	6,290	$989,480	0.03%
157	iShares TIPS Bond ETF	464287176	8,492	$913,892	0.03%
158	Altria Group	MO	19,619	$888,743	0.03%
159	Wabtec	929740108	7,817	$857,290	0.03%
160	Netflix	NFLX	1,937	$853,229	0.03%
161	Vanguard Value ETF	922908744	5,948	$845,212	0.03%
162	Otis Worldwide	OTIS	9,353	$832,514	0.03%
163	Vanguard Large Cap ETF	922908637	3,922	$795,068	0.03%
164	S&P Global	SPGI	1,927	$772,515	0.03%
165	Schwab International Equity ET	808524805	21,297	$759,238	0.03%
166	Technology Select Sector SPDR	81369Y803	4,301	$747,794	0.02%
167	iShares Core MSCI Europe ETF	46434v738	13,520	$711,558	0.02%
168	Emerson Electric	EMR	7,724	$698,157	0.02%
169	Broadcom	AVGO	802	$695,548	0.02%
170	F5	FFIV	4,650	$680,109	0.02%
171	Intel	INTC	20,038	$670,071	0.02%
172	Constellation Brands	STZ	2,572	$633,046	0.02%
173	Rogers Communication	RCIAF	13,558	$618,787	0.02%
174	RPM International	749685103	6,868	$616,266	0.02%
175	iShares Russell 1000 Value Ind	464287598	3,823	$603,384	0.02%
176	MasterCard	MA	1,529	$601,318	0.02%
177	Vanguard High Dividend Yield E	921946406	5,617	$595,795	0.02%
178	WEC Energy Group	WEC	6,645	$586,355	0.02%
179	Schwab U.S. Large-Cap Growth E	808524300	7,727	$579,130	0.02%
180	BlackRock	BLK	835	$577,125	0.02%
181	Iron Mountain Inc	IRM	9,825	$558,256	0.02%
182	U.S. Bancorp	USB-PS	16,312	$538,948	0.02%
183	Vanguard Short-Term Treasury I	92206c102	9,261	$534,638	0.02%
184	iShares Russell 1000 Growth In	464287614	1,937	$533,024	0.02%
185	iShares Dow Jones US ETF	464287846	4,910	$531,900	0.02%
186	Eaton Corp PLC	ETN	2,625	$527,887	0.02%
187	3M	MMM	5,241	$524,572	0.02%
188	Berkshire Hathaway A	BRK-A	1	$517,810	0.02%
189	Vanguard Short-Term Corporate	92206C409	6,467	$489,293	0.02%
190	General Mills	370334104	6,368	$488,408	0.02%
191	Ferrari N V	RACE	1,413	$459,522	0.02%
192	Starbucks	SBUX	4,620	$457,657	0.02%
193	SPDR Gold Trust	GLD	2,500	$445,675	0.01%
194	Vanguard Dividend Appreciation	921908844	2,688	$436,593	0.01%
195	Vanguard Growth ETF	922908736	1,519	$429,871	0.01%
196	Global X MLP ETF	37954y343	10,012	$429,815	0.01%
197	Omeros	OMER	77,526	$421,741	0.01%
198	Gilead Sciences	GILD	5,450	$420,031	0.01%
199	Seattle Genetics	SE	2,144	$412,634	0.01%
200	Becton Dickinson	BDX	1,550	$409,215	0.01%
201	Stora Enso Oyj	86210m106	34,760	$402,868	0.01%
202	iShares MSCI ACWI ex US ETF	464288240	7,988	$393,169	0.01%
203	Avantor	AVTR	18,936	$388,945	0.01%
204	SPDR Gold Trust	GLD	2,176	$387,916	0.01%
205	Air Products & Chemicals	AIIR	1,284	$384,597	0.01%
206	Comcast Class A	CCZ	9,089	$377,648	0.01%
207	Vanguard REIT ETF	922908553	4,386	$366,494	0.01%
208	iShares Core US Aggregate Bond	464287226	3,741	$366,407	0.01%
209	T-Mobile US	TMUSZ	2,566	$356,417	0.01%
210	Lockheed Martin	LMT	748	$344,364	0.01%
211	Clorox	CLX	2,163	$343,973	0.01%
212	Vanguard Information Technolog	92204A702	769	$340,044	0.01%
213	iShares Dow Jones US Healthcar	464287762	1,175	$329,297	0.01%
214	Banner	BANR	7,484	$326,826	0.01%
215	Novo-Nordisk A/S ADR	NONOF	2,010	$325,278	0.01%
216	Procter & Gamble	742718109	2,137	$324,268	0.01%
217	Xcel Energy	XELLL	5,135	$319,254	0.01%
218	TJX Companies	872540109	3,732	$316,434	0.01%
219	Comm Services Select Sector SP	81369y852	4,688	$305,095	0.01%
220	Health Care Select Sector SPDR	81369y209	2,285	$303,288	0.01%
221	Vanguard High Dividend Yield E	921946406	2,849	$302,221	0.01%
222	iShares National Muni Bond ETF	464288414	2,816	$300,552	0.01%
223	Vanguard Dividend Appreciation	921908844	1,803	$292,924	0.01%
224	SPDR Dow Jones Industrial Avg	DIA	851	$292,594	0.01%
225	Tesla Motors	TSLA	1,106	$289,518	0.01%
226	PayPal Holdings	PYPL	4,199	$280,199	0.01%
227	SPDR S&P Dividend ETF	78464a763	2,280	$279,482	0.01%
228	AutoZone	AZO	111	$276,763	0.01%
229	Washington Federal	WAFDP	10,400	$275,808	0.01%
230	Marriott International Cl A	571903202	1,466	$269,290	0.01%
231	Vanguard Extended Market ETF	922908652	1,800	$267,859	0.01%
232	Technology Select Sector SPDR	81369Y803	1,525	$265,136	0.01%
233	Waste Management	94106L109	1,518	$263,335	0.01%
234	Fidelity MSCI Comm Svcs Index	316092873	6,449	$259,572	0.01%
235	Charles Schwab	SCHW-PJ	4,529	$256,727	0.01%
236	Dimensional US Marketwide Valu	25434v724	7,227	$249,332	0.01%
237	Ford Motor	345370860	16,351	$247,397	0.01%
238	Heritage Financial	42722X106	15,227	$246,221	0.01%
239	Energy Select Sector SPDR ETF	81369y506	3,000	$243,510	0.01%
240	Vanguard Mid-Cap Value ETF	922908512	1,752	$242,400	0.01%
241	AFLAC	AFL	3,472	$242,346	0.01%
242	iShares MSCI USA Min Vol Facto	46429b697	3,240	$240,829	0.01%
243	Citizens Financial Group	CIA	9,213	$240,275	0.01%
244	Nintendo	NODK	21,071	$239,788	0.01%
245	F5	FFIV	1,626	$237,819	0.01%
246	iShares Core MSCI EAFE ETF	46432f842	3,457	$233,347	0.01%
247	Canadian Pacific Kansas City	CP	2,815	$227,368	0.01%
248	iShares Global Tech ETF	464287291	3,460	$215,156	0.01%
249	Manhattan Associates	MANH	1,050	$209,874	0.01%
250	PACCAR	PCAR	2,501	$209,209	0.01%
251	Costco Wholesale	22160K105	387	$208,502	0.01%
252	Sanofi	SNYNF	3,861	$208,108	0.01%
253	Nordstrom	655664100	9,920	$203,062	0.01%
254	Riverview Bancorp Inc.	RVSB	24,300	$122,472	0.00%
255	CIM Real Estate Finance Trust	CMRF	12,242	$80,427	0.00%
256	PT Unilever Indonesia Tbk	y9064h141	30,000	$8,340	0.00%
257	Trilogy International Partners	89621t108	10,000	$2,190	0.00%
258	BIFS Technologies	05547a106	10,500	$0	0.00%