0000915325-20-000002.txt : 20200123 0000915325-20-000002.hdr.sgml : 20200123 20200123124141 ACCESSION NUMBER: 0000915325-20-000002 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20191231 FILED AS OF DATE: 20200123 DATE AS OF CHANGE: 20200123 EFFECTIVENESS DATE: 20200123 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BADGLEY PHELPS & BELL INC CENTRAL INDEX KEY: 0000915325 IRS NUMBER: 910789795 STATE OF INCORPORATION: WA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-04032 FILM NUMBER: 20541296 BUSINESS ADDRESS: STREET 1: 1420 FIFTH AVE STREET 2: SUITE 3200 CITY: SEATTLE STATE: WA ZIP: 98101 BUSINESS PHONE: 2066236172 MAIL ADDRESS: STREET 1: 1420 FIFTH AVENUE STREET 2: STE 3200 CITY: SEATTLE STATE: WA ZIP: 98101 13F-HR 1 primary_doc.xml 13F-HR LIVE false true false 0000915325 XXXXXXXX 12-31-2019 12-31-2019 BADGLEY PHELPS & BELL INC
1420 FIFTH AVENUE STE 3200 SEATTLE WA 98101
13F HOLDINGS REPORT 028-04032 N
Lisa Guzman Chief Compliance Officer 2066236172 Lisa P. Guzman Seattle WA 01-23-2020 0 209 1904617 false
INFORMATION TABLE 2 bpb13f-4q19.xml 4TH QUARTER 2019 13F FILING - BADGLEY PHELPS iShares U.S. TIPS Fund COM 464287176 539 4620 SH SOLE 4288 0 332 SPDR Blmbg Barclays High Yield COM 78468R622 630 5750 SH SOLE 5750 0 0 iShares Core US Aggregate Bond COM 464287226 373 3318 SH SOLE 3318 0 0 iShares Intermediate Govt/Cred COM 464288612 3906 34672 SH SOLE 30429 0 4243 iShares Short-Term Corporate B COM 464288646 221 4119 SH SOLE 4119 0 0 SPDR Short Term Corporate Bond COM 78464A474 838 27176 SH SOLE 27176 0 0 3M COM 88579Y101 1029 5832 SH SOLE 5832 0 0 Abbott Labs COM 002824100 1325 15251 SH SOLE 15051 0 200 AbbVie COM 00287Y109 1376 15536 SH SOLE 15536 0 0 Accenture Ltd. Cl A COM G1151C101 766 3636 SH SOLE 3586 0 50 Adobe COM 00724F101 9490 28774 SH SOLE 26721 0 2053 Akamai Technologies COM 00971t101 211 2440 SH SOLE 2440 0 0 Alibaba Group Holding COM 01609W102 10288 48505 SH SOLE 43641 0 4864 Alphabet COM 02079K305 17440 13021 SH SOLE 11674 0 1347 Alphabet Cl C COM 02079K107 15274 11424 SH SOLE 10188 0 1236 Amazon.com COM 023135106 44446 24053 SH SOLE 21796 0 2257 Amcor Limited - Spons ADR COM 02341r302 475 43860 SH SOLE 43860 0 0 American Tower COM 03027X100 14569 63394 SH SOLE 55898 0 7496 Amgen COM 031162100 18408 76359 SH SOLE 68699 0 7660 Apple COM 037833100 46771 159276 SH SOLE 143046 0 16230 Automatic Data Processing COM 053015103 1939 11373 SH SOLE 11273 0 100 Becton Dickinson COM 075887109 508 1869 SH SOLE 1869 0 0 BlackRock COM 09247X101 301 598 SH SOLE 598 0 0 Boeing COM 097023105 18468 56693 SH SOLE 51103 0 5590 Booking Holdings COM 09857l108 11827 5759 SH SOLE 5114 0 645 Bristol-Myers Squibb COM 110122108 681 10606 SH SOLE 10606 0 0 Caterpillar COM 149123101 335 2272 SH SOLE 2272 0 0 Constellation Brands COM 21036P108 10948 57699 SH SOLE 51680 0 6019 CoStar Group COM 22160n109 9968 16660 SH SOLE 15523 0 1137 Costco Wholesale COM 22160K105 23888 81275 SH SOLE 73397 0 7878 Ecolab COM 278865100 19048 98702 SH SOLE 87810 0 10892 Eli Lilly COM 532457108 15251 116036 SH SOLE 103404 0 12632 EPAM Systems COM 29414b104 1124 5300 SH SOLE 5300 0 0 Equinix COM 29444U700 12669 21705 SH SOLE 19348 0 2357 Estee Lauder COM 518439104 10705 51829 SH SOLE 48049 0 3780 Exelixis COM 30161q104 194 11000 SH SOLE 11000 0 0 Facebook COM 30303M102 21762 106026 SH SOLE 94065 0 11961 Fiserv COM 337738108 241 2080 SH SOLE 2080 0 0 Gilead Sciences COM 375558103 314 4831 SH SOLE 4831 0 0 HealthEquity COM 42226A107 5925 79987 SH SOLE 75665 0 4322 Home Depot COM 437076102 19140 87643 SH SOLE 77390 0 10253 Honeywell COM 438516106 15960 90167 SH SOLE 80676 0 9491 Incyte COM 45337c102 472 5400 SH SOLE 5400 0 0 iShares Russell 1000 Growth In COM 464287614 15930 90552 SH SOLE 88147 0 2405 iShares Russell 1000 Index ETF COM 464287622 5826 32653 SH SOLE 28893 0 3760 Lockheed Martin COM 539830109 244 626 SH SOLE 626 0 0 Lowe's COM 548661107 354 2957 SH SOLE 2957 0 0 Marriott International Cl A COM 571903202 12143 80192 SH SOLE 70444 0 9748 MasterCard COM 57636Q104 265 889 SH SOLE 889 0 0 Microsoft COM 594918104 61912 392595 SH SOLE 353925 0 38670 Navistar International COM 63934e108 674 23300 SH SOLE 23300 0 0 Netflix COM 64110L106 14956 46223 SH SOLE 41143 0 5080 Oracle COM 68389X105 292 5510 SH SOLE 5510 0 0 PACCAR COM 693718108 661 8358 SH SOLE 4438 0 3920 Palo Alto Networks COM 697435105 8745 37816 SH SOLE 33587 0 4229 Paychex COM 704326107 314 3689 SH SOLE 3689 0 0 PayPal Holdings COM 70450Y103 17749 164082 SH SOLE 146273 0 17809 PepsiCo COM 713448108 12529 91672 SH SOLE 81211 0 10461 Progressive COM 743315103 8254 114027 SH SOLE 101612 0 12415 Raytheon COM 755111507 8546 38893 SH SOLE 36174 0 2719 Roper Technologies COM 776696106 608 1715 SH SOLE 1310 0 405 Salesforce.com COM 79466L302 17892 110011 SH SOLE 98458 0 11553 Schwab U.S. Large-Cap Growth E COM 808524300 360 3870 SH SOLE 3870 0 0 Seattle Genetics COM 812578102 406 3550 SH SOLE 3550 0 0 ServiceNow COM 81762P102 12786 45290 SH SOLE 42248 0 3042 Sherwin-Williams COM 824348106 9805 16803 SH SOLE 15531 0 1272 Starbucks COM 855244109 2999 34114 SH SOLE 31669 0 2445 Stryker COM 863667101 12104 57653 SH SOLE 51797 0 5856 Sysco COM 871829107 2752 32172 SH SOLE 30472 0 1700 Texas Instruments COM 882508104 283 2205 SH SOLE 2205 0 0 Thermo Fisher Scientific COM 883556102 19709 60669 SH SOLE 53856 0 6813 Trilogy International Partners COM 89621t108 16 10000 SH SOLE 10000 0 0 United Parcel Service COM 911312106 571 4879 SH SOLE 4879 0 0 UnitedHealth Group COM 91324P102 17676 60128 SH SOLE 53530 0 6598 Universal Display COM 91347p105 824 4000 SH SOLE 4000 0 0 Vanguard Growth ETF COM 922908736 306 1678 SH SOLE 1678 0 0 Vertex Pharmaceuticals COM 92532f100 688 3144 SH SOLE 3144 0 0 VISA Class A COM 92826C839 34057 181252 SH SOLE 163029 0 18223 Waste Management COM 94106L109 10769 94496 SH SOLE 84311 0 10185 Zoetis COM 98978V103 236 1782 SH SOLE 1782 0 0 Activision Blizzard COM 00507V109 744 12521 SH SOLE 12512 0 9 AFLAC COM 001055102 266 5020 SH SOLE 5020 0 0 AT&T COM 00206R102 450 11526 SH SOLE 10535 0 991 Bank of America COM 060505104 16240 461108 SH SOLE 427214 0 33894 Berkshire Hathaway B COM 084670702 29830 131699 SH SOLE 119291 0 12408 Blackstone Mortgage Trust COM 09257W100 261 7000 SH SOLE 7000 0 0 Broadcom COM 11135F101 10675 33779 SH SOLE 30272 0 3507 CarMax COM 143130102 7448 84959 SH SOLE 77435 0 7524 Chevron COM 166764100 16248 134830 SH SOLE 123512 0 11318 Cisco Systems COM 17275R102 13128 273738 SH SOLE 256610 0 17128 Clorox COM 189054109 296 1925 SH SOLE 1925 0 0 Coca-Cola COM 191216100 964 17423 SH SOLE 16968 0 455 Colgate-Palmolive COM 194162103 909 13204 SH SOLE 12743 0 461 Comcast Class A COM 20030N101 8868 197187 SH SOLE 181801 0 15386 Corning COM 219350105 242 8310 SH SOLE 8310 0 0 CVS Health Corporation COM 126650100 461 6200 SH SOLE 6200 0 0 Danaher COM 235851102 23118 150624 SH SOLE 135676 0 14948 Digital Realty Trust COM 253868103 9737 81322 SH SOLE 73320 0 8002 Emerson Electric COM 291011104 358 4701 SH SOLE 3526 0 1175 Energy Select Sector SPDR Fund COM 81369y506 721 12010 SH SOLE 10232 0 1778 EOG Resources COM 26875P101 8783 104859 SH SOLE 94601 0 10258 Exxon Mobil COM 30231G102 6283 90038 SH SOLE 84445 0 5593 Fidelity National Info Service COM 31620M106 21472 154375 SH SOLE 138343 0 16032 Financial Select Sector SPDR E COM 81369Y605 232 7546 SH SOLE 7546 0 0 First Republic Bank COM 33616C100 11993 102112 SH SOLE 94729 0 7383 Fortive Corporation COM 34959J108 10629 139143 SH SOLE 126145 0 12998 General Mills COM 370334104 388 7236 SH SOLE 6351 0 885 Intel COM 458140100 1917 32023 SH SOLE 30023 0 2000 iShares Core S&P U.S. Value ET COM 464287663 367 5828 SH SOLE 5828 0 0 iShares Russell 1000 Value Ind COM 464287598 17039 124848 SH SOLE 122197 0 2651 Johnson & Johnson COM 478160104 17422 119434 SH SOLE 107635 0 11799 JPMorgan Chase COM 46625H100 35382 253817 SH SOLE 228278 0 25539 LAM Research COM 512807108 11728 40110 SH SOLE 36139 0 3971 Marsh & McLennan COM 571748102 17934 160974 SH SOLE 143926 0 17048 McDonald's COM 580135101 17163 86851 SH SOLE 78240 0 8611 Medtronic COM G5960L103 20315 179069 SH SOLE 162498 0 16571 Merck COM 58933Y105 742 8154 SH SOLE 8154 0 0 Mondelez International COM 609207105 12625 229213 SH SOLE 206408 0 22805 Morgan Stanley COM 617446448 9631 188405 SH SOLE 174541 0 13864 NextEra Energy COM 65339F101 24308 100379 SH SOLE 90352 0 10027 Noble Energy COM 655044105 240 9670 SH SOLE 9670 0 0 Pfizer COM 717081103 16549 422377 SH SOLE 381128 0 41248 Philip Morris Int'l COM 718172109 285 3350 SH SOLE 3350 0 0 Pioneer Natural Resources COM 723787107 419 2765 SH SOLE 2765 0 0 Procter & Gamble COM 742718109 24180 193593 SH SOLE 177786 0 15807 Prologis COM 74340W103 18085 202883 SH SOLE 183684 0 19199 Qualcomm COM 747525103 271 3073 SH SOLE 2373 0 700 Schlumberger COM 806857108 4734 117755 SH SOLE 111840 0 5915 Starwood Property Trust COM 85571B105 224 9000 SH SOLE 9000 0 0 Truist Financial COM 89832q109 10888 193329 SH SOLE 173352 0 19977 U.S. Bancorp COM 902973304 1526 25746 SH SOLE 24691 0 1055 Union Pacific COM 907818108 17833 98641 SH SOLE 89062 0 9579 United Technologies COM 913017109 13015 86909 SH SOLE 80351 0 6558 Valero Energy COM 91913Y100 7134 76180 SH SOLE 69493 0 6687 Vanguard Value ETF COM 922908744 318 2650 SH SOLE 2201 0 449 Verizon Communications COM 92343V104 17710 288430 SH SOLE 259899 0 28531 Walmart, Inc. COM 931142103 14376 120972 SH SOLE 112477 0 8495 Walt Disney COM 254687106 21107 145941 SH SOLE 132518 0 13423 WEC Energy Group COM 92939U106 14297 155014 SH SOLE 138804 0 16210 Associated Banc-Corp COM 045487105 220 10000 SH SOLE 10000 0 0 Avanos Medical COM 05350V106 485 14400 SH SOLE 14400 0 0 Cyberecord COM 23246Y101 0 30000 SH SOLE 30000 0 0 Invesco FTSE RAFI US 1500 ETF COM 46137v597 543 3970 SH SOLE 3278 0 692 iShares Core S&P Mid-Cap ETF COM 464287507 50904 247324 SH SOLE 216746 0 30578 iShares Russell 2000 Fund ETF COM 464287655 4914 29663 SH SOLE 29663 0 0 iShares Russell 2000 Growth In COM 464287648 24863 116063 SH SOLE 104233 0 11830 iShares Russell 2000 Value Ind COM 464287630 20689 160907 SH SOLE 144682 0 16225 iShares Russell Midcap Growth COM 464287481 19991 131019 SH SOLE 116905 0 14114 iShares Russell Midcap Index COM 464287499 23842 399902 SH SOLE 371820 0 28082 iShares Russell Midcap Value COM 464287473 1239 13078 SH SOLE 12901 0 177 iShares S&P SmlCap 600 Growth COM 464287887 13527 69980 SH SOLE 60319 0 9661 Midcap SPDR Trust Series 1 COM 78467Y107 4778 12728 SH SOLE 12453 0 275 Schweitzer-Mauduit Internation COM 808541106 798 19000 SH SOLE 19000 0 0 Vanguard Extended Market ETF COM 922908652 260 2063 SH SOLE 2063 0 0 Vanguard Mid-Cap ETF COM 922908629 279 1563 SH SOLE 1563 0 0 Vanguard Small Cap ETF COM 922908751 55799 336870 SH SOLE 300566 0 36304 Goldman Sachs ActiveBeta Emerg COM 381430206 10743 312845 SH SOLE 289939 0 22906 iShares MSCI ACWI EX US COM 464288240 1467 29868 SH SOLE 29868 0 0 iShares MSCI EAFE ETF COM 464287465 95133 1369999 SH SOLE 1230538 0 139461 iShares MSCI Pacific Ex Japan COM 464286665 11198 241861 SH SOLE 217822 0 24039 JPMorgan Diversified Return In COM 46641Q209 13906 243583 SH SOLE 226625 0 16958 Nestle SA F ADR COM 641069406 988 9129 SH SOLE 9129 0 0 Novartis COM 66987V109 472 4986 SH SOLE 4921 0 65 Novo-Nordisk A/S ADR COM 670100205 598 10331 SH SOLE 10331 0 0 Roche Hldg LTD Spons COM 771195104 260 6400 SH SOLE 6400 0 0 Schwab International Equity ET COM 808524805 461 13722 SH SOLE 13722 0 0 Vanguard FTSE All-World Ex-US COM 922042775 4051 75372 SH SOLE 71667 0 3705 Vanguard FTSE Developed Market COM 921943858 54278 1231902 SH SOLE 1107612 0 124290 Vanguard FTSE Emerging Markets COM 922042858 41950 943333 SH SOLE 854020 0 89313 Vanguard Total International S COM 921909768 350 6289 SH SOLE 6289 0 0 3M COM 88579Y101 212 1200 SH SOLE 0 0 1200 Alibaba Group Holding COM 01609W102 240 1131 SH SOLE 1131 0 0 Altria Group COM 02209S103 1618 32427 SH SOLE 32427 0 0 Apple COM 037833100 1693 5766 SH SOLE 5766 0 0 AT&T COM 00206R102 285 7300 SH SOLE 7300 0 0 Berkshire Hathaway A COM 084670108 1810 5 SH SOLE 5 0 0 Berkshire Hathaway B COM 084670702 1070 4725 SH SOLE 4725 0 0 Charles Schwab COM 808513105 316 6643 SH SOLE 6643 0 0 Energy Select Sector SPDR Fund COM 81369Y506 931 15500 SH SOLE 14000 0 1500 Gilead Sciences COM 375558103 6128 94300 SH SOLE 94300 0 0 Heritage Financial COM 42722X106 403 14247 SH SOLE 14247 0 0 Invesco QQQ Trust COM 46090E103 495 2329 SH SOLE 2329 0 0 iShares Russell 1000 Index ETF COM 464287622 1707 9569 SH SOLE 9517 0 52 iShares Russell 3000 COM 464287689 373 1981 SH SOLE 1981 0 0 iShares S&P 500 Index Fund COM 464287200 1330 4116 SH SOLE 4116 0 0 Microsoft COM 594918104 1732 10982 SH SOLE 10982 0 0 Neogen COM 640491106 522 8000 SH SOLE 8000 0 0 NIKE Class B COM 654106103 510 5031 SH SOLE 5031 0 0 PACCAR COM 693718108 214 2710 SH SOLE 2710 0 0 Philip Morris Int'l COM 718172109 1295 15223 SH SOLE 15223 0 0 Riverview Bancorp Inc. COM 769397100 197 24000 SH SOLE 24000 0 0 Schwab US Large Cap ETF COM 808524201 404 5260 SH SOLE 5260 0 0 SPDR S&P 500 ETF Trust COM 78462F103 3092 9606 SH SOLE 9606 0 0 Starbucks COM 855244109 591 6722 SH SOLE 6722 0 0 U.S. Bancorp COM 902973304 353 5961 SH SOLE 5961 0 0 United Parcel Service COM 911312106 3000 25625 SH SOLE 25275 0 350 Vanguard Large Cap ETF COM 922908637 800 5408 SH SOLE 5408 0 0 Vanguard S&P 500 ETF COM 922908363 243 823 SH SOLE 823 0 0 Vanguard Total Stock Market COM 922908769 7393 45185 SH SOLE 43335 0 1850 SPDR Gold Trust COM 78463V107 278 1942 SH SOLE 1842 0 100 iShares 3-7 Year Treasury Bond COM 464288661 34041 270703 SH SOLE 254856 0 15847 iShares 7-10 Year Treasury Bon COM 464287440 16054 145654 SH SOLE 136939 0 8715 iShares Core S&P Total US Stoc COM 464287150 15159 208538 SH SOLE 196259 0 12279 PIMCO Enhanced Short Maturity COM 72201R833 17182 169126 SH SOLE 159769 0 9357 Vanguard Large Cap ETF COM 922908637 16487 111518 SH SOLE 105051 0 6467 Vanguard Short-Term Corporate COM 92206C409 23481 289777 SH SOLE 274050 0 15727 Vanguard Total International S COM 921909768 7926 142319 SH SOLE 134242 0 8077 Equity Residential COM 29476l107 690 8527 SH SOLE 8527 0 0 Invitation Homes COM 46187W107 581 19377 SH SOLE 19377 0 0