BECKER CAPITAL MANAGEMENT INC

Portland, OR · CIK 799004 · 13F filing filed 2026-07-31

SEC-registered investment adviser since 1977 · corporation

Assets managed$5.7bn
Staff42 · 20 in investment roles
Main clients (by assets)High net worth individuals 62%, Charities 26%, Companies 3%
Private funds1 · $13.3m gross assets
Form ADV · 2026-03-31SEC adviser record

Legal entityBECKER CAPITAL MANAGEMENT, INC. (US)

$3.7bn reported value +9.3% vs Q1 2026

303positions

29.6%in top 10

15 new 103 added 122 reduced 10 sold out vs Q1 2026

Also in the report of:

Dorsey & Whitney Trust CO LLC – $8.6m of shares are in both reports

Shares in two reports are counted once in each security's totals.

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	APPLE INC COM AAPL	AAPL	635,045	$183.8m4.94%	4.94%	Added +22.1k	+22,111 3.6%
2	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	1,659,535	$143.0m3.84%	3.84%	Added +51.6k	+51,613 3.2%
3	MICROSOFT CORP COM MSFT	MSFT	379,392	$141.5m3.80%	3.80%	Added +20.5k	+20,492 5.7%
4	JPMORGAN CHASE & CO COM JPM	JPM	347,316	$113.7m3.06%	3.06%	Reduced -2.8k	-2,763 -0.8%
5	ISHARES TR MSCI EAFE ETF EFA	EFA	929,434	$96.5m2.60%	2.60%	Added +32.1k	+32,066 3.6%
6	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	260,219	$96.3m2.59%	2.59%	Reduced -14.8k	-14,761 -5.4%
7	FLEX LTD ORD FLEX	FLEX	530,928	$86.0m2.31%	2.31%	Reduced -27.7k	-27,670 -5.0%
8	ALPHABET INC CAP STK CL A GOOGL	GOOGL	238,154	$85.1m2.29%	2.29%	Reduced -5.5k	-5,509 -2.3%
9	GOLDMAN SACHS GROUP INC COM GS	GS	77,626	$78.5m2.11%	2.11%	Reduced -3.9k	-3,850 -4.7%
10	EMBRAER S.A. SPONSORED ADS EMBJ	EMBJ	1,217,411	$77.7m2.09%	2.09%	Reduced -25.9k	-25,936 -2.1%
11	CISCO SYS INC COM CSCO	CSCO	619,024	$72.7m1.95%	1.95%	Reduced -33.6k	-33,570 -5.1%
12	AMAZON COM INC COM AMZN	AMZN	296,621	$70.7m1.90%	1.90%	Added +29.5k	+29,495 11.0%
13	NVIDIA CORPORATION COM NVDA	NVDA	345,184	$69.1m1.86%	1.86%	Added +906	+906 0.3%
14	SCHWAB CHARLES CORP COM SCHW	SCHW	737,701	$68.1m1.83%	1.83%	Added +8.7k	+8,707 1.2%
15	WALMART INC COM WMT	WMT	600,347	$68.0m1.83%	1.83%	Reduced -4.6k	-4,605 -0.8%
16	RTX CORPORATION COM RTX	RTX	336,393	$63.8m1.72%	1.72%	Reduced -2.3k	-2,289 -0.7%
17	JOHNSON & JOHNSON COM JNJ	JNJ	246,132	$62.5m1.68%	1.68%	Reduced -1.5k	-1,546 -0.6%
18	CIENA CORP COM NEW CIEN	CIEN	127,011	$62.3m1.67%	1.67%	Reduced -14.7k	-14,658 -10.3%
19	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	80,324	$60.1m1.62%	1.62%	Reduced -1.2k	-1,165 -1.4%
20	MCKESSON CORP COM MCK	MCK	72,607	$54.9m1.48%	1.48%	Reduced -577	-577 -0.8%
21	QUALCOMM INC COM QCOM	QCOM	285,578	$52.8m1.42%	1.42%	Reduced -14.5k	-14,506 -4.8%
22	ISHARES TR CORE S&P SCP ETF IJR	IJR	335,169	$49.7m1.34%	1.34%	Reduced -30.5k	-30,504 -8.3%
23	BLACKROCK INC COM BLK	BLK	48,274	$46.4m1.25%	1.25%	Reduced -160	-160 -0.3%
24	INTEL CORP COM INTC	INTC	318,328	$44.4m1.19%	1.19%	Reduced -212.4k	-212,371 -40.0%
25	ALLSTATE CORP COM ALL	ALL	182,214	$43.6m1.17%	1.17%	Reduced -2.2k	-2,177 -1.2%
26	CHEVRON CORP NEW COM CVX	CVX	254,874	$42.2m1.14%	1.14%	Added +1.5k	+1,499 0.6%
27	NEWMONT CORP COM NEM	NEM	440,714	$41.2m1.11%	1.11%	Reduced -26.5k	-26,461 -5.7%
28	FIRSTENERGY CORP COM FE	FE	821,596	$39.1m1.05%	1.05%	Added +214	+214 0.0%
29	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	75,805	$37.9m1.02%	1.02%	Added +12.9k	+12,931 20.6%
30	MERCK & CO INC COM MRK	MRK	268,226	$34.7m0.93%	0.93%	Reduced -2.9k	-2,878 -1.1%
31	ASTRAZENECA PLC ORD AZN	AZN	176,512	$33.5m0.90%	0.90%	Reduced -402	-402 -0.2%
32	SYSCO CORP COM SYY	SYY	397,917	$33.3m0.89%	0.89%	Reduced -33.9k	-33,892 -7.8%
33	KINDER MORGAN INC DEL COM KMI	KMI	1,000,475	$32.0m0.86%	0.86%	Added +16.2k	+16,161 1.6%
34	AIR PRODS & CHEMS INC COM APD	APD	107,449	$31.5m0.85%	0.85%	Reduced -2.0k	-2,022 -1.9%
35	AMGEN INC COM AMGN	AMGN	85,085	$30.8m0.83%	0.83%	Reduced -590	-590 -0.7%
36	HOME DEPOT INC COM HD	HD	87,215	$30.8m0.83%	0.83%	Added +1.9k	+1,903 2.2%
37	CARRIER GLOBAL CORPORATION COM CARR	CARR	415,130	$30.4m0.82%	0.82%	Reduced -1.7k	-1,729 -0.4%
38	ELI LILLY & CO COM LLY	LLY	24,740	$29.7m0.80%	0.80%	Added +974	+974 4.1%
39	US BANCORP DEL COM NEW USB	USB	482,895	$29.4m0.79%	0.79%	Reduced -18.8k	-18,819 -3.8%
40	GENERAL DYNAMICS CORP COM GD	GD	82,373	$29.2m0.78%	0.78%	Reduced -649	-649 -0.8%
41	VANGUARD INDEX FDS REAL ESTATE ETF VNQ	VNQ	301,372	$29.1m0.78%	0.78%	Reduced -2.1k	-2,141 -0.7%
42	PROCTER AND GAMBLE CO COM PG	PG	198,115	$29.1m0.78%	0.78%	Added +1.1k	+1,116 0.6%
43	BAKER HUGHES COMPANY CL A BKR	BKR	516,456	$28.7m0.77%	0.77%	Reduced -43.8k	-43,825 -7.8%
44	CHUBB LIMITED COM CB	CB	83,369	$28.5m0.77%	0.77%	Reduced -975	-975 -1.2%
45	UNION PAC CORP COM UNP	UNP	102,415	$27.9m0.75%	0.75%	Added +6.2k	+6,246 6.5%
46	ISHARES INC CORE MSCI EMKT IEMG	IEMG	326,523	$27.0m0.73%	0.73%	Reduced -45.0k	-45,008 -12.1%
47	SAP SE SPON ADR SAP	SAP	174,594	$26.9m0.72%	0.72%	Added +1.2k	+1,240 0.7%
48	EATON CORP PLC SHS ETN	ETN	61,328	$26.1m0.70%	0.70%	Added +951	+951 1.6%
49	TIMKEN CO COM TKR	TKR	176,211	$25.6m0.69%	0.69%	Reduced -6.7k	-6,664 -3.6%
50	ISHARES TR CORE MSCI EAFE IEFA	IEFA	259,662	$25.1m0.67%	0.67%	Added +6.7k	+6,699 2.6%
51	BRUKER CORP COM BRKR	BRKR	409,537	$24.7m0.66%	0.66%	Reduced -7.0k	-7,011 -1.7%
52	COSTCO WHSL CORP NEW COM COST	COST	25,828	$24.2m0.65%	0.65%	Reduced -108	-108 -0.4%
53	VISA INC COM CL A V	V	70,119	$24.1m0.65%	0.65%	Added +947	+947 1.4%
54	AUTOZONE INC COM AZO	AZO	7,511	$24.0m0.65%	0.65%	Added +25	+25 0.3%
55	KONINKLIJKE PHILIPS N V NY REGIS SHS NEW PHG	PHG	858,787	$23.4m0.63%	0.63%	Reduced -5.0k	-5,022 -0.6%
56	SOUTHERN CO COM SO	SO	241,005	$23.1m0.62%	0.62%	Added +3.1k	+3,113 1.3%
57	GROCERY OUTLET HLDG CORP COM GO	GO	2,261,683	$22.6m0.61%	0.61%	Reduced -315.8k	-315,780 -12.2%
58	DISNEY WALT CO COM DIS	DIS	225,758	$21.9m0.59%	0.59%	Reduced -9.0k	-9,041 -3.9%
59	VERIZON COMMUNICATIONS INC COM VZ	VZ	502,773	$21.3m0.57%	0.57%	Reduced -21.8k	-21,811 -4.2%
60	SERVICENOW INC COM NOW	NOW	200,746	$19.9m0.54%	0.54%	Added +97.2k	+97,203 93.9%
61	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	28,774	$19.8m0.53%	0.53%	Added +2.7k	+2,736 10.5%
62	METHANEX CORP COM MEOH	MEOH	420,577	$19.4m0.52%	0.52%	Reduced -45.3k	-45,286 -9.7%
63	TRANSUNION COM TRU	TRU	263,669	$19.0m0.51%	0.51%	Added +250.7k	+250,664 1927.4%
64	ISHARES TR CORE S&P500 ETF IVV	IVV	24,719	$18.5m0.50%	0.50%	Added +1.3k	+1,280 5.5%
65	META PLATFORMS INC CL A META	META	32,755	$18.5m0.50%	0.50%	Reduced -2.2k	-2,231 -6.4%
66	TE CONNECTIVITY PLC ORD SHS TEL	TEL	91,193	$18.4m0.49%	0.49%	Reduced -1.4k	-1,420 -1.5%
67	BANK AMERICA CORP COM BAC	BAC	313,398	$17.9m0.48%	0.48%	Added +20.3k	+20,316 6.9%
68	SANOFI SPONSORED ADR SNY	SNY	346,469	$14.8m0.40%	0.40%	Reduced -149.9k	-149,925 -30.2%
69	ISHARES TR ESG SELECT SCRE XVV	XVV	255,669	$14.5m0.39%	0.39%	Added +8.4k	+8,395 3.4%
70	SHELL PLC SPON ADS SHEL	SHEL	185,752	$14.4m0.39%	0.39%	Reduced -3.5k	-3,540 -1.9%
71	SALESFORCE INC COM CRM	CRM	90,180	$14.2m0.38%	0.38%	Added +441	+441 0.5%
72	KROGER CO COM KR	KR	238,608	$13.2m0.36%	0.36%	Reduced -692	-692 -0.3%
73	BROADCOM INC COM AVGO	AVGO	34,929	$13.2m0.35%	0.35%	Reduced -3.2k	-3,175 -8.3%
74	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	182,042	$13.0m0.35%	0.35%	Added +15.6k	+15,613 9.4%
75	QUEST DIAGNOSTICS INC COM DGX	DGX	60,916	$12.9m0.35%	0.35%	Reduced -1.9k	-1,933 -3.1%
76	ISHARES TR RUSSELL 2000 ETF IWM	IWM	38,997	$11.7m0.31%	0.31%	Reduced -70	-70 -0.2%
77	EXXON MOBIL CORP COM XOM	XOM	85,543	$11.7m0.31%	0.31%	Added +726	+726 0.9%
78	MORGAN STANLEY COM NEW MS	MS	55,758	$11.7m0.31%	0.31%	Added +12	+12 0.0%
79	BROOKFIELD RENEWABLE CORP CL A EX SUB VTG BEPC	BEPC	307,006	$11.4m0.31%	0.31%	Reduced -5.0k	-4,971 -1.6%
80	PFIZER INC COM PFE	PFE	469,672	$11.3m0.30%	0.30%	Reduced -20.8k	-20,774 -4.2%
81	HONEYWELL INTL INC COM HON	HON	46,858	$10.5m0.28%	0.28%	New
82	BLACKSTONE INC COM BX	BX	88,310	$10.4m0.28%	0.28%	Reduced -1.3k	-1,298 -1.4%
83	HONEYWELL AEROSPACE INC COM HONA	HONA	45,609	$10.1m0.27%	0.27%	New
84	EMERSON ELEC CO COM EMR	EMR	68,460	$9.8m0.26%	0.26%	Reduced -21.2k	-21,233 -23.7%
85	ECOLAB INC COM ECL	ECL	34,828	$9.7m0.26%	0.26%	Reduced -2.2k	-2,239 -6.0%
86	ISHARES TR CORE 1 5 YR USD ISTB	ISTB	200,821	$9.7m0.26%	0.26%	Unchanged
87	ISHARES TR 1 3 YR TREAS BD SHY	SHY	117,668	$9.7m0.26%	0.26%	Added +5.5k	+5,508 4.9%
88	ALPHABET INC CAP STK CL C GOOG	GOOG	25,835	$9.1m0.25%	0.25%	Added +538	+538 2.1%
89	ISHARES TR 3 7 YR TREAS BD IEI	IEI	75,523	$8.9m0.24%	0.24%	Added +3.9k	+3,875 5.4%
90	ALASKA AIR GROUP INC COM ALK	ALK	164,722	$8.6m0.23%	0.23%	Added +141.8k	+141,811 619.0%
91	ISHARES TR ISHS 5-10YR INVT IGIB	IGIB	158,867	$8.4m0.23%	0.23%	Added +7.7k	+7,679 5.1%
92	SPDR GOLD TR GOLD SHS GLD	GLD	22,212	$8.2m0.22%	0.22%	Reduced -80	-80 -0.4%
93	NIKE INC CL B NKE	NKE	177,737	$7.4m0.20%	0.20%	Reduced -88.6k	-88,567 -33.3%
94	BECTON DICKINSON & CO COM BDX	BDX	48,625	$7.4m0.20%	0.20%	Added +165	+165 0.3%
95	MICRON TECHNOLOGY INC COM MU	MU	6,348	$7.3m0.20%	0.20%	Added +968	+968 18.0%
96	CATERPILLAR INC COM CAT	CAT	6,849	$7.3m0.20%	0.20%	Reduced -23	-23 -0.3%
97	REALTY INCOME CORP COM O	O	117,600	$7.3m0.20%	0.20%	Reduced -32.0k	-31,951 -21.4%
98	ISHARES TR S&P MC 400VL ETF IJJ	IJJ	48,669	$7.2m0.19%	0.19%	Reduced -135	-135 -0.3%
99	WASTE MGMT INC DEL COM WM	WM	30,320	$6.8m0.18%	0.18%	Added +2.0k	+1,976 7.0%
100	VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF VWO	VWO	107,407	$6.4m0.17%	0.17%	Added +7.3k	+7,308 7.3%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
HONEYWELL INTL INC		41,790	$18.9m41.8k shares
ADOBE INC ADBE	ADBE	8,946	$2.2m8.9k shares
HOLOGIC INC HOLX	HOLX	10,509	$794.4k10.5k shares
J P MORGAN EXCHANGE TRADED F JEPQ	JEPQ	13,144	$729.7k13.1k shares
MCCORMICK & CO INC MKC	MKC	10,107	$509.8k10.1k shares
ISHARES TR DSI	DSI	3,709	$449.5k3.7k shares
COMCAST CORP NEW CMCSA	CMCSA	14,399	$413.4k14.4k shares
ZOETIS INC ZTS	ZTS	3,156	$373.1k3.2k shares
IDACORP INC IDA	IDA	2,504	$358.0k2.5k shares
BOSTON SCIENTIFIC CORP BSX	BSX	3,658	$229.5k3.7k shares