WINDWARD CAPITAL MANAGEMENT CO /CA

LOS ANGELES, CA · CIK 1078635 · 13F filing filed 2023-07-18

SEC-registered investment adviser since 1995 · corporation

Assets managed$1.9bn
Staff7 · 3 in investment roles
Main clients (by assets)High net worth individuals 63%, Pension plans 34%, Individuals 1%
Websitewindwardcapital.com
Form ADV · 2026-06-10SEC adviser record

$1.1bn reported value +2.1% vs Q1 2023

77positions

51.4%in top 10

0 new 19 added 51 reduced 1 sold out vs Q1 2023

Holdings, Q2 2023

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	1,038,200	$201.4m18.18%	18.18%	Reduced -4.3k	-4,315 -0.4%
2	AMAZON COM INC COM AMZN	AMZN	437,542	$57.0m5.15%	5.15%	Reduced -1.9k	-1,904 -0.4%
3	SALESFORCE INC COM CRM	CRM	210,025	$44.4m4.01%	4.01%	Reduced -929	-929 -0.4%
4	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	136,802	$42.2m3.81%	3.81%	Added +557	+557 0.4%
5	COSTCO WHSL CORP NEW COM COST	COST	76,448	$41.2m3.72%	3.72%	Reduced -343	-343 -0.5%
6	ALPHABET INC CAP STK CL C GOOG	GOOG	315,929	$38.2m3.45%	3.45%	Reduced -1.3k	-1,270 -0.4%
7	ALPHABET INC CAP STK CL A GOOGL	GOOGL	315,816	$37.8m3.41%	3.41%	Reduced -1.4k	-1,416 -0.5%
8	NIKE INC CL B NKE	NKE	328,600	$36.3m3.27%	3.27%	Added +1.1k	+1,136 0.3%
9	LINDE PLC SHS LIN	LIN	94,142	$35.9m3.24%	3.24%	Reduced -271	-271 -0.3%
10	NEXTERA ENERGY INC COM NEE	NEE	463,316	$34.4m3.10%	3.10%	Added +1.8k	+1,814 0.4%
11	CANADIAN NATL RY CO COM CNI	CNI	356,569	$31.5m2.85%	2.85%	Added +164.0k	+163,957 85.1%
12	BLACKROCK INC COM BLK	BLK	41,943	$29.0m2.62%	2.62%	Added +207	+207 0.5%
13	FISERV INC COM FISV	FISV	225,626	$28.5m2.57%	2.57%	Added +783	+783 0.3%
14	LOCKHEED MARTIN CORP COM LMT	LMT	59,680	$27.5m2.48%	2.48%	Added +222	+222 0.4%
15	ZOETIS INC CL A ZTS	ZTS	154,669	$26.6m2.41%	2.41%	Added +617	+617 0.4%
16	PEPSICO INC COM PEP	PEP	120,128	$22.2m2.01%	2.01%	Added +312	+312 0.3%
17	PROCTER AND GAMBLE CO COM PG	PG	146,057	$22.2m2.00%	2.00%	Added +477	+477 0.3%
18	MARRIOTT INTL INC NEW CL A MAR	MAR	118,281	$21.7m1.96%	1.96%	Reduced -529	-529 -0.5%
19	D R HORTON INC COM DHI	DHI	177,228	$21.6m1.95%	1.95%	Reduced -604	-604 -0.3%
20	CVS HEALTH CORP COM CVS	CVS	303,444	$21.0m1.89%	1.89%	Added +1.5k	+1,465 0.5%
21	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	38,143	$19.9m1.80%	1.80%	Added +208	+208 0.6%
22	TJX COS INC NEW COM TJX	TJX	214,088	$18.2m1.64%	1.64%	Reduced -767	-767 -0.4%
23	CME GROUP INC COM CME	CME	89,185	$16.5m1.49%	1.49%	Added +112	+112 0.1%
24	DISNEY WALT CO COM DIS	DIS	178,254	$15.9m1.44%	1.44%	Added +718	+718 0.4%
25	RTX CORPORATION COM RTX	RTX	153,644	$15.1m1.36%	1.36%	Reduced -577	-577 -0.4%
26	CUMMINS INC COM CMI	CMI	57,585	$14.1m1.27%	1.27%	Reduced -244	-244 -0.4%
27	TERADYNE INC COM TER	TER	113,893	$12.7m1.14%	1.14%	Added +353	+353 0.3%
28	COMCAST CORP NEW CL A CMCSA	CMCSA	261,884	$10.9m0.98%	0.98%	Reduced -960	-960 -0.4%
29	BOEING CO COM BA	BA	48,971	$10.3m0.93%	0.93%	Added +334	+334 0.7%
30	MICROSOFT CORP COM MSFT	MSFT	30,309	$10.3m0.93%	0.93%	Reduced -21	-21 -0.1%
31	STARBUCKS CORP COM SBUX	SBUX	103,061	$10.2m0.92%	0.92%	Added +759	+759 0.7%
32	OTIS WORLDWIDE CORP COM OTIS	OTIS	82,300	$7.3m0.66%	0.66%	Reduced -329	-329 -0.4%
33	DEERE & CO COM DE	DE	16,569	$6.7m0.61%	0.61%	Reduced -15	-15 -0.1%
34	DUPONT DE NEMOURS INC COM DWDP	DWDP	82,382	$5.9m0.53%	0.53%	Reduced -83	-83 -0.1%
35	WASTE MGMT INC DEL COM WM	WM	31,794	$5.5m0.50%	0.50%	Reduced -30	-30 -0.1%
36	DUKE ENERGY CORP NEW COM NEW DUK	DUK	61,102	$5.5m0.50%	0.50%	Unchanged
37	AUTOMATIC DATA PROCESSING IN COM ADP	ADP	24,245	$5.3m0.48%	0.48%	Reduced -22	-22 -0.1%
38	AMGEN INC COM AMGN	AMGN	22,409	$5.0m0.45%	0.45%	Reduced -111	-111 -0.5%
39	UNION PAC CORP COM UNP	UNP	23,971	$4.9m0.44%	0.44%	Reduced -35	-35 -0.1%
40	ASML HOLDING N V N Y REGISTRY SHS ASML	ASML	6,760	$4.9m0.44%	0.44%	Added +2	+2 0.0%
41	CORTEVA INC COM CTVA	CTVA	82,945	$4.8m0.43%	0.43%	Added +783	+783 0.9%
42	Nestle SA ADR COM NSRGY	NSRGY	37,777	$4.5m0.41%	0.41%	Reduced -31	-31 -0.1%
43	HOME DEPOT INC COM HD	HD	14,150	$4.4m0.40%	0.40%	Reduced -11	-11 -0.1%
44	WALMART INC COM WMT	WMT	27,929	$4.4m0.40%	0.40%	Reduced -25	-25 -0.1%
45	WELLTOWER INC COM WELL	WELL	49,584	$4.0m0.36%	0.36%	Reduced -41	-41 -0.1%
46	POTLATCHDELTIC CORPORATION COM PCH	PCH	72,913	$3.9m0.35%	0.35%	Reduced -51	-51 -0.1%
47	EATON CORP PLC SHS ETN	ETN	19,123	$3.8m0.35%	0.35%	Unchanged
48	SEAGATE TECHNOLOGY HLDNGS PL ORD SHS STX	STX	60,668	$3.8m0.34%	0.34%	Reduced -35	-35 -0.1%
49	ILLUMINA INC COM ILMN	ILMN	19,114	$3.6m0.32%	0.32%	Reduced -99	-99 -0.5%
50	WEYERHAEUSER CO MTN BE COM NEW WY	WY	106,682	$3.6m0.32%	0.32%	Reduced -60	-60 -0.1%
51	EMERSON ELEC CO COM EMR	EMR	38,853	$3.5m0.32%	0.32%	Reduced -26	-26 -0.1%
52	MERCK & CO INC COM MRK	MRK	29,548	$3.4m0.31%	0.31%	Unchanged
53	KIMBERLY-CLARK CORP COM KMB	KMB	24,151	$3.3m0.30%	0.30%	Reduced -19	-19 -0.1%
54	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	24,573	$3.3m0.30%	0.30%	Reduced -14	-14 -0.1%
55	PHILIP MORRIS INTL INC COM PM	PM	32,096	$3.1m0.28%	0.28%	Reduced -25	-25 -0.1%
56	PFIZER INC COM PFE	PFE	78,640	$2.9m0.26%	0.26%	Reduced -51	-51 -0.1%
57	LYONDELLBASELL INDUSTRIES N SHS - A - LYB	LYB	31,119	$2.9m0.26%	0.26%	Unchanged
58	DOW INC COM DOW	DOW	51,613	$2.7m0.25%	0.25%	Unchanged
59	AT&T INC COM T	T	166,809	$2.7m0.24%	0.24%	Reduced -159	-159 -0.1%
60	VERIZON COMMUNICATIONS INC COM VZ	VZ	64,823	$2.4m0.22%	0.22%	Reduced -51	-51 -0.1%
61	INTEL CORP COM INTC	INTC	62,183	$2.1m0.19%	0.19%	Reduced -55	-55 -0.1%
62	ROPER TECHNOLOGIES INC COM ROP	ROP	2,332	$1.1m0.10%	0.10%	Reduced -13	-13 -0.6%
63	KEYSIGHT TECHNOLOGIES INC COM KEYS	KEYS	5,935	$994.0k0.09%	0.09%	Reduced -32	-32 -0.5%
64	ADOBE INC COM ADBE	ADBE	1,718	$840.0k0.08%	0.08%	Reduced -9	-9 -0.5%
65	AGILENT TECHNOLOGIES INC COM A	A	6,518	$784.0k0.07%	0.07%	Reduced -36	-36 -0.6%
66	PALO ALTO NETWORKS INC COM PANW	PANW	2,722	$695.0k0.06%	0.06%	Reduced -14	-14 -0.5%
67	TRACTOR SUPPLY CO COM TSCO	TSCO	3,125	$691.0k0.06%	0.06%	Reduced -17	-17 -0.5%
68	AIR PRODS & CHEMS INC COM APD	APD	2,039	$611.0k0.06%	0.06%	Reduced -14	-14 -0.7%
69	YUM BRANDS INC COM YUM	YUM	3,498	$485.0k0.04%	0.04%	Reduced -23	-23 -0.7%
70	WABTEC COM WAB	WAB	4,212	$462.0k0.04%	0.04%	Reduced -24	-24 -0.6%
71	ROSS STORES INC COM ROST	ROST	3,471	$389.0k0.04%	0.04%	Reduced -19	-19 -0.5%
72	T-MOBILE US INC COM TMUS	TMUS	2,443	$339.0k0.03%	0.03%	Reduced -14	-14 -0.6%
73	DAI NIPPON PRINTING CO LTD SPONSORED ADR ADR DNPLY	DNPLY	23,156	$327.0k0.03%	0.03%	Reduced -20	-20 -0.1%
74	HERMES INTERNATIONAL SA ADR ADR HESAY	HESAY	1,377	$299.0k0.03%	0.03%	Reduced -1	-1 -0.1%
75	UNITEDHEALTH GROUP INC COM UNH	UNH	622	$299.0k0.03%	0.03%	Reduced -5	-5 -0.8%
76	Keyence Corp COMMON STOCK KYCCF	KYCCF	529	$249.0k0.02%	0.02%	Unchanged
77	MITSUBISHI UFJ FINL GROUP IN SPONSORED ADS MUFG	MUFG	32,956	$243.0k0.02%	0.02%	Unchanged

Sold out since Q1 2023

Security	Ticker	Shares held before	Value then
CARRIER GLOBAL CORPORATION CARR	CARR	161,975	$7.4m162.0k shares