Badgley Phelps Wealth Managers Q2 2026 Portfolio Activity: Strategic Shifts and Significant Purchases

Portfolio Activity Overview

Last quarter, Badgley Phelps Wealth Managers demonstrated active management within their portfolio. Their actions included both buying into new positions and exiting existing ones, reflecting a dynamic investment strategy focused on capitalizing on market movements.

Significant Purchases This Quarter

The firm significantly bolstered its position in the Vanguard Tax-Managed Fund ETF (VEA) during Q2 2026. The portfolio allocation for this fund increased by approximately 3,481% quarter-over-quarter based on stock value changes alone.

• They also made a substantial purchase of the Vanguard Index Funds ETF (VO), increasing its position significantly with a change percentage exceeding 300%
• New individual equity positions were initiated in Alphabet Inc. (GOOG) and Intel Corporation (INTC)
• The firm notably increased its stake in Booking Holdings Inc. (BKNG)
• ISHARES TR (SMMD) was added as a new holding
• Purchases of shares in IWF, SMMD, BKNG, CTSH, and GOOG were deemed significant buys.

Sales and Divestments This Quarter

Conversely, Badgley Phelps Wealth Managers reduced exposure to several holdings during the quarter. Among these was a notable decrease in their position for ISHARES TR (IWR).

• The firm divested from Boston Scientific Corporation (BSX), GE Healthcare Technologies Inc. (GEHC), and Cognizant Technology Solutions Corp. (CTSH)
• Public Service Enterprise Group Inc. (PEG) saw a significant reduction in its position
• Sales of shares in GEHC, PEG, CTSH, BSX, and GWRE were deemed significant sells.

Focus on Technology and Broader ETFs

The investor's portfolio continues to show a strong inclination towards the NVIDIA Corporation (NVDA), although their stake in this stock remained relatively stable compared to other tech holdings like Apple Inc. (AAPL) and Microsoft Corp (MSFT), which saw moderate share increases.

Additionally, the firm maintained a significant allocation across various ETFs, including VEA, EFA, VB, VWO, IWF, and GOOG, highlighting their preference for diversified index-based investments within specific sectors or broad markets.

No Disclosures for Certain Categories

There were no disclosed purchases or sales activities related to the Healthcare, Consumer Defensive, or Energy sectors during this period, according to available data. Similarly, activity involving bonds was not reported.

Conclusion: Active Management and ETF Preference

In summary, Badgley Phelps Wealth Managers actively managed their portfolio in Q2 2026, favoring strategic additions to established index funds like VEA and VO alongside new equity positions. Their decisions also included reducing exposure from specific holdings such as CTSH, BSX, GEHC, PEG, and IWR.