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Asset Manager ← All Institutions

WULFF, HANSEN & CO.

100 SMITH RANCH ROAD, SUITE 330, SAN RAFAEL, CA 94903 • 415-202-6650

Q2 2025 · Filed 2025-08-12
Market Value
$111M
+5.9%
Holdings
103
+4
New Purchases
9
Added To
14
Closed
7
Reduced
40
Top 10 Concentration
37.5%
Turnover
15.5%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
VOO 1.01% 0.00% +1.01% $1M
MSFT 4.45% 3.64% +0.80% $5M
VGT 5.31% 4.66% +0.65% $6M
AVGO 0.78% 0.34% +0.44% $866K
ITA 0.40% 0.00% +0.40% $441K
GEV 0.99% 0.63% +0.37% $1M
SHEL 0.36% 0.00% +0.36% $395K
NVDA 1.41% 1.06% +0.35% $2M
SCHG 0.34% 0.00% +0.34% $381K
BA 1.26% 0.92% +0.34% $1M
CRM 1.00% 0.67% +0.33% $1M
VIS 0.30% 0.00% +0.30% $333K
WLDN 1.22% 0.93% +0.29% $1M
JPM 3.21% 2.96% +0.25% $4M
AMAT 0.25% 0.00% +0.25% $275K

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
GOOGL 3.07% 3.85% -0.78% $3M
AAPL 2.87% 3.40% -0.53% $3M
PG 2.95% 3.38% -0.43% $3M
RDS-B 0.00% 0.39% -0.39% $0
V 2.20% 2.54% -0.35% $2M
BRK-B 1.81% 2.14% -0.34% $2M
XAR 0.00% 0.33% -0.33% $0
FMS 0.00% 0.33% -0.33% $0
BAM 0.00% 0.32% -0.32% $0
SCHX 0.00% 0.29% -0.29% $0
MRK 1.30% 1.58% -0.28% $1M
JNJ 1.32% 1.57% -0.25% $1M
CVX 1.07% 1.32% -0.25% $1M
DOW 0.00% 0.25% -0.25% $0
WMT 0.95% 1.19% -0.24% $1M

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Financial Services 27.0%
Industrials 18.0%
Technology 11.9%
Consumer Defensive 10.9%
Utilities 8.3%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 37 $56M 50.3%
Large Cap 55 $49M 44.6%
Mid Cap 7 $3M 2.3%
Small Cap 3 $3M 2.7%
Micro Cap 1 $0 0.0%

Portfolio Analytics

Avg Market Cap
$401.8B
Median Market Cap
$98.0B
Avg P/E
41.3
Median P/E
29.6
Avg Dividend Yield
0.02%
Avg Beta
0.90
# Stocks
82
# ETFs / Funds
21

Top Holdings (103 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 BX 7.24% 53,553 $8M $149.58 $414K -790 -1.4%
2 VGT 5.31% 8,860 $6M $663.28 $1M -112 -1.2%
3 MSFT 4.45% 9,891 $5M $497.41 $1M -245 -2.4%
4 COST 3.21% 3,592 $4M $989.94 $218K +63 +1.8%
5 JPM 3.21% 12,231 $4M $289.91 $460K -350 -2.8%
6 GOOGL 3.07% 19,300 $3M $176.23 -$619K -6,695 -25.8%
7 PG 2.95% 20,514 $3M $159.32 -$263K -205 -1.0%
8 AAPL 2.87% 15,499 $3M $205.16 -$373K -495 -3.1%
9 RTX 2.82% 21,398 $3M $146.02 $259K -235 -1.1%
10 GE 2.32% 9,950 $3M $257.39 $276K -1,465 -12.8%
11 V 2.20% 6,840 $2M $355.05 -$228K -740 -9.8%
12 BAC 1.94% 45,253 $2M $47.32 $206K -1,130 -2.4%
13 BN 1.83% 32,796 $2M $61.85 $266K -835 -2.5%
14 PM 1.81% 10,980 $2M $182.13 $239K -115 -1.0%
15 BRK-B 1.81% 4,112 $2M $485.77 -$238K -85 -2.0%
16 CSX 1.75% 59,175 $2M $32.63 $157K -1,110 -1.8%
17 BIP 1.49% 49,327 $2M $33.50 -$11K -6,505 -11.7%
18 MDLZ 1.46% 23,917 $2M $67.44 -$24K -215 -0.9%
19 NVDA 1.41% 9,845 $2M $157.99 $453K -330 -3.2%
20 XLY 1.39% 7,090 $2M $217.33 $102K -195 -2.7%
21 HD 1.35% 4,079 $1M $366.64 $612
22 JNJ 1.32% 9,525 $1M $152.75 -$180K -335 -3.4%
23 MRK 1.30% 18,170 $1M $79.16 -$213K -230 -1.2%
24 BA 1.26% 6,646 $1M $209.53 $433K +1,020 +18.1%
25 SCHD 1.25% 52,000 $1M $26.50 -$131K -1,975 -3.7%
26 WLDN 1.22% 21,583 $1M $62.51 $383K -2,154 -9.1%
27 AWK 1.20% 9,515 $1M $139.11 -$119K -265 -2.7%
28 GPC 1.16% 10,540 $1M $121.31 -$25K -405 -3.7%
29 VCSH 1.09% 15,200 $1M $79.50 -$37K -575 -3.6%
30 CVX 1.07% 8,235 $1M $143.19 -$195K +19 +0.2%
31 FCX 1.01% 25,799 $1M $43.35 $168K +700 +2.8%
32 VOO 1.01% 1,966 $1M $568.03 +1,966 NEW
33 CRM 1.00% 4,070 $1M $272.69 $408K +1,455 +55.6%
34 GEV 0.99% 2,077 $1M $529.15 $443K -72 -3.4%
35 LMT 0.98% 2,337 $1M $463.14 $72K +76 +3.4%
36 WMT 0.95% 10,734 $1M $97.78 -$195K -3,443 -24.3%
37 XOM 0.94% 9,627 $1M $107.80 -$107K
38 FLMI 0.90% 41,187 $999K $24.26 -$7K
39 CWT 0.89% 21,655 $985K $45.48 -$75K -220 -1.0%
40 DUK 0.84% 7,840 $925K $118.00 -$31K
41 SPSM 0.83% 21,435 $913K $42.60 $54K +360 +1.7%
42 IGSB 0.82% 17,190 $907K $52.76 -$100K -2,040 -10.6%
43 WM 0.79% 3,808 $871K $228.82 -$10K
44 AVGO 0.78% 3,140 $866K $275.65 $513K +1,035 +49.2%
45 DLR 0.78% 4,961 $865K $174.33 $154K
46 CAT 0.75% 2,145 $833K $388.21 $125K
47 QQQ 0.74% 1,485 $819K $551.64 $118K -10 -0.7%
48 SO 0.73% 8,798 $808K $91.83 -$1K
49 GIS 0.62% 13,140 $681K $51.81 -$126K -355 -2.6%
50 MSI 0.60% 1,567 $659K $420.46 -$146K -272 -14.8%
51 MA 0.58% 1,140 $641K $561.94 $32K +30 +2.7%
52 HVT 0.56% 30,522 $621K $20.35 $41K +1,100 +3.7%
53 LLY 0.55% 785 $612K $779.53 -$36K
54 MP 0.55% 18,279 $608K $33.27 $177K +600 +3.4%
55 KMB 0.54% 4,642 $598K $128.92 -$62K
56 INTC 0.52% 25,701 $576K $22.40 -$54K -2,010 -7.2%
57 ABBV 0.46% 2,745 $510K $185.62 -$66K
58 LIN 0.45% 1,071 $502K $469.18 -$53K -121 -10.2%
59 ESS 0.44% 1,717 $487K $283.40 -$40K
60 XLE 0.43% 5,650 $479K $84.81 -$49K
61 CPB 0.43% 15,580 $478K $30.65 -$144K
62 VZ 0.42% 10,671 $462K $43.27 -$22K
63 ETN 0.41% 1,255 $448K $356.99 $107K
64 XLI 0.40% 3,010 $444K $147.52 $50K
65 DE 0.40% 870 $442K $508.49 $34K
66 ITA 0.40% 2,337 $441K $188.64 +2,337 NEW
67 DHR 0.39% 2,156 $426K $197.54 -$44K -135 -5.9%
68 HON 0.38% 1,810 $422K $232.88 $38K
69 VB 0.37% 1,740 $412K $236.98 $38K +50 +3.0%
70 AEP 0.36% 3,840 $398K $103.76 -$21K
71 SHEL 0.36% 5,611 $395K $70.41 +5,611 NEW
72 IBM 0.35% 1,327 $391K $294.78 $61K
73 DIS 0.35% 3,099 $384K $124.01 $78K
74 CLX 0.35% 3,185 $382K $120.07 -$92K -40 -1.2%
75 SCHG 0.34% 13,040 $381K $29.21 +13,040 NEW
76 PFF 0.34% 12,205 $374K $30.68 -$33K -1,070 -8.1%
77 GWW 0.33% 355 $369K $1,040.24 $19K
78 NVS 0.32% 2,925 $354K $121.01 $27K -5 -0.2%
79 IYF 0.30% 2,775 $336K $120.99 $23K
80 META 0.30% 453 $334K $738.09 $73K
81 VIS 0.30% 1,190 $333K $280.07 +1,190 NEW
82 TSLA 0.30% 1,030 $327K $317.66 $60K
83 HCC 0.29% 6,963 $319K $45.83 -$13K
84 MCO 0.28% 625 $313K $501.59 $32K +20 +3.3%
85 NKE 0.28% 4,315 $307K $71.04 $17K -245 -5.4%
86 CL 0.27% 3,310 $301K $90.90 -$9K
87 PFE 0.27% 12,280 $298K $24.24 $41K +2,161 +21.4%
88 CMCSA 0.26% 8,164 $291K $35.69 -$10K
89 AMAT 0.25% 1,500 $275K $183.07 +1,500 NEW
90 HII 0.24% 1,095 $264K $241.46 +1,095 NEW
91 XLF 0.23% 4,855 $254K $52.37 $12K
92 MMM 0.23% 1,635 $249K $152.24 $9K
93 ARM 0.21% 1,435 $232K $161.74 +1,435 NEW
94 HPQ 0.20% 9,081 $222K $24.46 -$29K
95 SGOV 0.18% 2,000 $201K $100.69 +2,000 NEW
96 GBTG 0.13% 23,126 $146K $6.30 -$22K
97 BAM —% -$332K -6,855 -100.0% SOLD
98 FMS —% -$346K -13,880 -100.0% SOLD
99 XAR —% -$348K -2,273 -100.0% SOLD
100 SCHX —% -$303K -12,100 -100.0% SOLD

New Positions

SymbolValue% Port
VOO $1M 1.01%
ITA $441K 0.40%
SHEL $395K 0.36%
SCHG $381K 0.34%
VIS $333K 0.30%
AMAT $275K 0.25%
HII $264K 0.24%
ARM $232K 0.21%
SGOV $201K 0.18%

Sold Out Positions

SymbolValue% Port
HPE —%
DOW —%
FMS —%
BAM —%
XAR —%
SCHX —%
RDS-B —%
View SEC EDGAR Filings for WULFF, HANSEN & CO. →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms