— Know what they know.
Not Investment Advice
Asset Manager ← All Institutions

WULFF, HANSEN & CO.

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

Q3 2025 · Filed 2025-11-07
Market Value
$115M
+4.2%
Holdings
102
-1
New Purchases
6
Added To
11
Closed
3
Reduced
41
Top 10 Concentration
38.9%
Turnover
8.8%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
GOOGL 4.15% 3.07% +1.08% $5M
BX 7.81% 7.24% +0.57% $9M
AAPL 3.34% 2.87% +0.46% $4M
MP 0.96% 0.55% +0.41% $1M
VGT 5.72% 5.31% +0.41% $7M
IEFA 0.35% 0.00% +0.35% $400K
RTX 3.10% 2.82% +0.28% $4M
BIPC 0.27% 0.00% +0.27% $315K
EWC 0.27% 0.00% +0.27% $306K
WLDN 1.47% 1.22% +0.25% $2M
JNJ 1.53% 1.32% +0.22% $2M
AXP 0.20% 0.00% +0.20% $228K
BMRC 0.18% 0.00% +0.18% $207K
EFX 0.18% 0.00% +0.18% $207K
NVDA 1.55% 1.41% +0.15% $2M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
COST 1.63% 3.21% -1.58% $2M
CRM 0.00% 1.00% -1.00% $0
V 1.50% 2.20% -0.70% $2M
PM 1.55% 1.81% -0.26% $2M
AMAT 0.00% 0.25% -0.25% $0
PG 2.73% 2.95% -0.23% $3M
ARM 0.00% 0.21% -0.21% $0
BA 1.05% 1.26% -0.21% $1M
LLY 0.37% 0.55% -0.19% $423K
MSFT 4.26% 4.45% -0.19% $5M
DHR 0.21% 0.39% -0.17% $247K
MDLZ 1.29% 1.46% -0.17% $1M
MA 0.43% 0.58% -0.15% $498K
GWW 0.19% 0.33% -0.14% $219K
BRK-B 1.67% 1.81% -0.13% $2M

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 38 $57M 49.4%
Large Cap 52 $51M 44.5%
Mid Cap 8 $3M 3.0%
Small Cap 4 $4M 3.1%

Portfolio Analytics

Avg Market Cap
$407.6B
Median Market Cap
$114.2B
Avg P/E
41.4
Median P/E
29.2
Avg Dividend Yield
0.02%
Avg Beta
0.90
# Stocks
81
# ETFs / Funds
21

Top Holdings (102 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 BX 7.81% 52,685 $9M $170.85 $991K -868 -1.6%
2 VGT 5.72% 8,824 $7M $746.63 $712K -36 -0.4%
3 MSFT 4.26% 9,481 $5M $517.95 -$9K -410 -4.2%
4 GOOGL 4.15% 19,685 $5M $243.10 $1M +385 +2.0%
5 JPM 3.35% 12,231 $4M $315.43 $312K
6 AAPL 3.34% 15,097 $4M $254.64 $664K -402 -2.6%
7 RTX 3.10% 21,377 $4M $167.33 $452K -21 -0.1%
8 PG 2.73% 20,454 $3M $153.65 -$126K -60 -0.3%
9 GE 2.45% 9,380 $3M $300.82 $261K -570 -5.7%
10 BAC 2.03% 45,253 $2M $51.59 $193K
11 BN 1.95% 32,796 $2M $68.58 $221K
12 CSX 1.82% 59,140 $2M $35.51 $169K -35 -0.1%
13 BRK-B 1.67% 3,832 $2M $502.74 -$71K -280 -6.8%
14 COST 1.63% 2,034 $2M $925.63 -$2M -1,558 -43.4%
15 NVDA 1.55% 9,600 $2M $186.58 $236K -245 -2.5%
16 PM 1.55% 10,995 $2M $162.20 -$216K +15 +0.1%
17 JNJ 1.53% 9,525 $2M $185.42 $311K
18 V 1.50% 5,055 $2M $341.38 -$703K -1,785 -26.1%
19 BIP 1.48% 51,877 $2M $32.89 $54K +2,550 +5.2%
20 XLY 1.47% 7,089 $2M $239.64 $158K -1 -0.0%
21 WLDN 1.47% 17,505 $2M $96.69 $343K -4,078 -18.9%
22 HD 1.43% 4,054 $2M $405.19 $147K -25 -0.6%
23 MRK 1.29% 17,720 $1M $83.93 $49K -450 -2.5%
24 MDLZ 1.29% 23,807 $1M $62.47 -$126K -110 -0.5%
25 GPC 1.28% 10,615 $1M $138.60 $193K +75 +0.7%
26 SCHD 1.22% 51,550 $1M $27.30 $29K -450 -0.9%
27 AWK 1.15% 9,515 $1M $139.19 $761
28 CVX 1.11% 8,200 $1M $155.29 $94K -35 -0.4%
29 VOO 1.07% 2,011 $1M $612.38 $115K +45 +2.3%
30 BA 1.05% 5,601 $1M $215.83 -$184K -1,045 -15.7%
31 LMT 1.01% 2,337 $1M $499.21 $84K
32 VCSH 1.01% 14,537 $1M $79.93 -$46K -663 -4.4%
33 GEV 0.98% 1,836 $1M $614.90 $30K -241 -11.6%
34 WMT 0.96% 10,734 $1M $103.06 $57K
35 MP 0.96% 16,451 $1M $67.07 $495K -1,828 -10.0%
36 XOM 0.96% 9,762 $1M $112.75 $63K +135 +1.4%
37 FLMI 0.89% 41,187 $1M $24.77 $21K
38 FCX 0.88% 25,799 $1M $39.22 -$107K
39 AVGO 0.88% 3,060 $1M $329.91 $144K -80 -2.5%
40 DUK 0.85% 7,950 $984K $123.75 $59K +110 +1.4%
41 CWT 0.85% 21,225 $974K $45.89 -$11K -430 -2.0%
42 SPSM 0.81% 20,195 $935K $46.32 $22K -1,240 -5.8%
43 CAT 0.78% 1,895 $904K $477.15 $71K -250 -11.7%
44 IGSB 0.77% 16,835 $893K $53.03 -$14K -355 -2.1%
45 WM 0.75% 3,893 $860K $220.83 -$12K +85 +2.2%
46 DLR 0.74% 4,961 $858K $172.88 -$7K
47 SO 0.72% 8,798 $834K $94.77 $26K
48 QQQ 0.70% 1,335 $801K $600.37 -$18K -150 -10.1%
49 MSI 0.59% 1,481 $677K $457.29 $18K -86 -5.5%
50 HVT 0.58% 30,522 $669K $21.93 $48K
51 GIS 0.58% 13,140 $663K $50.42 -$18K
52 ABBV 0.55% 2,745 $636K $231.54 $126K
53 INTC 0.55% 18,916 $635K $33.55 $59K -6,785 -26.4%
54 KMB 0.50% 4,642 $577K $124.34 -$21K
55 XLE 0.44% 5,650 $505K $89.34 $26K
56 MA 0.43% 875 $498K $568.81 -$143K -265 -23.2%
57 CPB 0.43% 15,580 $492K $31.58 $14K
58 ITA 0.42% 2,337 $489K $209.26 $48K
59 ETN 0.41% 1,255 $470K $374.25 $22K
60 VZ 0.41% 10,671 $469K $43.95 $7K
61 XLI 0.40% 3,010 $464K $154.23 $20K
62 ESS 0.40% 1,717 $460K $267.66 -$27K
63 TSLA 0.40% 1,030 $458K $444.72 $131K
64 HCC 0.38% 6,963 $443K $63.64 $124K
65 AEP 0.37% 3,840 $432K $112.50 $34K
66 LLY 0.37% 555 $423K $763.00 -$188K -230 -29.3%
67 SCHG 0.36% 13,175 $420K $31.91 $40K +135 +1.0%
68 HON 0.36% 1,965 $414K $210.50 -$8K +155 +8.6%
69 SHEL 0.35% 5,611 $401K $71.53 $6K
70 IEFA 0.35% 4,585 $400K $87.31 +4,585 NEW
71 CLX 0.34% 3,185 $393K $123.30 $10K
72 DE 0.34% 850 $389K $457.26 -$54K -20 -2.3%
73 LIN 0.33% 808 $384K $475.00 -$119K -263 -24.6%
74 PFF 0.33% 11,990 $379K $31.62 $5K -215 -1.8%
75 NVS 0.33% 2,925 $375K $128.24 $21K
76 IBM 0.33% 1,327 $374K $282.16 -$17K
77 DIS 0.31% 3,099 $355K $114.50 -$29K
78 VIS 0.31% 1,190 $353K $296.29 $19K
79 IYF 0.31% 2,775 $351K $126.64 $16K
80 MCO 0.29% 690 $329K $476.48 $15K +65 +10.4%
81 HII 0.27% 1,095 $315K $287.91 $51K
82 BIPC 0.27% 7,660 $315K $41.12 +7,660 NEW
83 VB 0.27% 1,235 $314K $254.28 -$98K -505 -29.0%
84 EWC 0.27% 6,052 $306K $50.55 +6,052 NEW
85 NKE 0.26% 4,315 $301K $69.73 -$6K
86 PFE 0.25% 11,475 $292K $25.48 -$5K -805 -6.6%
87 CL 0.23% 3,310 $265K $79.94 -$36K
88 XLF 0.23% 4,855 $262K $53.87 $7K
89 CMCSA 0.22% 8,164 $257K $31.42 -$35K
90 MMM 0.22% 1,635 $254K $155.18 $5K
91 DHR 0.21% 1,248 $247K $198.26 -$178K -908 -42.1%
92 HPQ 0.21% 9,081 $247K $27.23 $25K
93 META 0.20% 320 $235K $734.38 -$99K -133 -29.4%
94 AXP 0.20% 686 $228K $332.16 +686 NEW
95 GWW 0.19% 230 $219K $952.96 -$150K -125 -35.2%
96 BMRC 0.18% 8,542 $207K $24.28 +8,542 NEW
97 EFX 0.18% 805 $207K $256.53 +805 NEW
98 SGOV 0.17% 2,000 $201K $100.70 $20
99 GBTG 0.16% 23,126 $187K $8.08 $41K
100 ARM —% -$232K -1,435 -100.0% SOLD

New Positions

SymbolValue% Port
IEFA $400K 0.35%
BIPC $315K 0.27%
EWC $306K 0.27%
AXP $228K 0.20%
BMRC $207K 0.18%
EFX $207K 0.18%

Sold Out Positions

SymbolValue% Port
CRM —%
AMAT —%
ARM —%
View SEC EDGAR Filings for WULFF, HANSEN & CO. →

Sign in to InsiderStreet

You'll also get our free weekly newsletter with
smart money signals, market insights, and alpha ideas.
Unsubscribe anytime.

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