13F
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Badgley Phelps Wealth Managers, LLC

13F equity value
$5.0B
Positions
328
Top 10 concentration
33.6%
Quarters / total new picks
17 / 181
13F equity value over time
$0M$3B$5B202120222023202420252026

"13F equity value" = market value of this filer's US-listed long equity positions only. It excludes cash, bonds, non-US and short positions, so it understates a fund's true assets under management — often by a lot.

Not significant Verdict

13F holdings are disclosed ~45 days after quarter-end, and they never reveal when within the quarter a fund actually bought. So any 13F-based summary is structurally late and blurred — this applies to every fund, including this one.

We backtested copying it anyway. Buying this fund's new positions the day each filing went public, over 17 quarters, returned -1.2% per quarter — versus +2.2% per quarter from simply owning every 13F stock. It beat that baseline in only 52.9% of quarters (excess t = -1.45, not statistically significant). Its filings tell you what it bought — not what you should buy.

Avg 2Q excess
-3.4%
t-stat
-1.45
Quarterly win rate
53%
Annualized excess
-12.9%
$1 → follow vs universe
$0.80 vs $1.37
Cumulative return: $1 invested in new picks vs universe
1.00 20211231: universe 0.85120220331: universe 0.91420220630: universe 0.84620220930: universe 0.90920221231: universe 0.84520230331: universe 0.89020230630: universe 0.85820230930: universe 0.97420231231: universe 1.01720240331: universe 1.04020240630: universe 1.13520240930: universe 1.12520241231: universe 1.05020250331: universe 1.14520250630: universe 1.18120250930: universe 1.32820251231: universe 1.373 20211231: follow 0.92820220331: follow 0.85420220630: follow 0.86420220930: follow 0.87920221231: follow 0.82020230331: follow 0.88620230630: follow 0.87020230930: follow 0.81720231231: follow 0.81220240331: follow 0.80420240630: follow 0.88020240930: follow 0.87320241231: follow 0.82220250331: follow 0.85720250630: follow 0.78120250930: follow 0.73720251231: follow 0.798 0.68 1.08 1.48 20212022202320242025 Follow Universe

Quarterly compounding, invested quarters only · entry 47 days after quarter-end (when 13F data becomes public)

Listed as facts. See the verdict above before treating this as signal.

Top 20 holdings of 328 · 2026 Q1

Ticker Value Weight QoQ
MSFT $238M
4.7%
TRIM
NVDA $237M
4.7%
TRIM
EFA $219M
4.4%
HOLD
AAPL $217M
4.3%
TRIM
VB $176M
3.5%
TRIM
VWO $134M
2.7%
ADD
AMZN $134M
2.7%
TRIM
IJH $121M
2.4%
HOLD
VEA $118M
2.4%
HOLD
GOOGL $92M
1.8%
TRIM
GOOG $91M
1.8%
TRIM
COST $88M
1.8%
TRIM
VGIT $87M
1.7%
HOLD
LLY $86M
1.7%
TRIM
JPM $81M
1.6%
TRIM
IWN $74M
1.5%
HOLD
BRK/B $74M
1.5%
ADD
IWO $70M
1.4%
HOLD
META $70M
1.4%
TRIM
IWR $67M
1.3%
HOLD

QoQ vs previous quarter's share count · NEW = new position · ADD/TRIM = ±2% shares · HOLD = unchanged.

Listed as facts. See the verdict above before treating this as signal.

New positions in 2026 Q1

ADIBPCLXDONFCXFNDCFWONKGLWITWKRKRMNNYTPLTRPSASTXTTENBWATXLU

Method & Limitations

Method: a "new position" = held this quarter, absent last quarter (options excluded; stocks with <50 prior holders excluded to filter spin-off artifacts). Entry 47 days after quarter-end — the first day the public could act on the filing. Benchmark = equal-weighted universe of all 13F-held stocks. Limitations: quarterly snapshots can't see intra-quarter trades; survivorship bias — funds that shut down are absent, which flatters the sample. Statistics, not advice.