13F-HR 1 bpb13f-2q12.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FROM 13F COVER PAGE Report for the calendar year or Quarter Ended: 6/30/2012 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holding entries. Institutional Investment Manager Filing this Report: Name: Badgley Phelps Investment Managers Address: 1420 5th Avenue Suite 3200 Seattle, WA 98101 13F File Number: 28-99999 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct, and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Persons Signing this Report on Behalf of the Reporting Manager: Name: Lisa Guzman Title: Chief Compliance Officer Phone: 206-623-6172 Signature, Place, and Date of Signing: Lisa Guzman Seattle, WA August 3, 2012 Report Type (Check only one.): [X] 13F HOLDINGS. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: 0 I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934 FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 150 Form 13F Information Table Value Total: 740801 FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- iShares Barclays U.S. TIPS Fun 464287176 1073 8963 SH Sole 4505 4458 iShares Barclays Aggregate Bon 464287226 1177 10576 SH Sole 646 9930 iShares Barclays Interm Govt/C 464288612 2431 21683 SH Sole 12647 9036 Abbott Labs 002824100 571 8863 SH Sole 7372 1491 Accenture Ltd. Cl A g1151c101 6819 113482 SH Sole 82344 31138 Allergan 018490102 4093 44214 SH Sole 32121 12093 Amazon.com 023135106 4262 18664 SH Sole 13078 5586 American Tower 03027x100 8120 116153 SH Sole 81806 34347 Apache 037411105 6537 74379 SH Sole 54768 19611 Apple 037833100 19667 33676 SH Sole 23908 9768 BlackRock 09247x101 6545 38540 SH Sole 28253 10287 Boeing 097023105 6588 88672 SH Sole 63190 25482 Caterpillar 149123101 6013 70818 SH Sole 50123 20695 Cerner 156782104 3800 45971 SH Sole 33025 12946 Cognizant Tech Solutions 192446102 7292 121539 SH Sole 86965 34574 Colgate-Palmolive 194162103 352 3380 SH Sole 1530 1850 Costco Wholesale 22160k105 11392 119916 SH Sole 81719 38197 Ecolab 278865100 8806 128498 SH Sole 86696 41802 EMC 268648102 5373 209635 SH Sole 149993 59642 EOG Resources 26875p101 4211 46729 SH Sole 34191 12538 Exxon Mobil 30231g102 5710 66724 SH Sole 46968 19756 FedEx 31428x106 4056 44276 SH Sole 31986 12290 Fresenius Medical Care 358029106 6229 88236 SH Sole 62785 25451 Google 38259p508 8253 14227 SH Sole 10211 4016 Honeywell 438516106 4406 78904 SH Sole 56179 22725 IBM 459200101 245 1254 SH Sole 258 996 iShares Russell 1000 Growth In 464287614 610 9649 SH Sole 6962 2687 LinkedIn 53578a108 4374 41160 SH Sole 30023 11137 Lululemon Athletica 550021109 3382 56709 SH Sole 40788 15921 Marriott International Cl A 571903202 5322 135768 SH Sole 97423 38345 Medtronic 585055106 517 13341 SH Sole 8266 5075 Microsoft 594918104 10785 352577 SH Sole 244312 108265 Oracle 68389x105 5469 184148 SH Sole 128073 56075 PACCAR 693718108 4393 112089 SH Sole 79711 32378 PepsiCo 713448108 8474 119931 SH Sole 82859 37072 Potash Corporation of Saskatch 73755l107 3958 90604 SH Sole 65002 25602 Praxair 74005p104 8160 75052 SH Sole 52925 22127 Priceline.com 741503403 6357 9567 SH Sole 6861 2706 Qualcomm 747525103 9907 177921 SH Sole 128139 49782 Roper Industries Inc 776696106 7972 80870 SH Sole 57242 23628 Schlumberger 806857108 6418 98883 SH Sole 69876 29007 Starbucks 855244109 5564 104351 SH Sole 72841 31510 Stericycle 858912108 5840 63709 SH Sole 45211 18498 Teva Pharmaceutical Industries 881624209 4524 114707 SH Sole 81795 32912 United Technologies 913017109 8142 107801 SH Sole 77852 29949 VeriFone 92342y109 5188 156784 SH Sole 113522 43262 VISA Class A 92826c839 5104 41281 SH Sole 29658 11623 Weatherford Int'l h27013103 3521 278744 SH Sole 203500 75244 YUM! Brands 988498101 7163 111194 SH Sole 78919 32275 Albemarle 012653101 4288 71891 SH Sole 51457 20434 Anheuser-Busch Inbev ADR 03524a108 3025 37979 SH Sole 27105 10874 AT&T 00206r102 5041 141358 SH Sole 102019 39339 Baker Hughes 057224107 2951 71807 SH Sole 52286 19521 Berkshire Hathaway B 084670702 8241 98891 SH Sole 72409 26482 CenturyLink 156700106 7896 199946 SH Sole 147479 52467 Chevron 166764100 7083 67140 SH Sole 45790 21350 Cisco Systems 17275r102 188 10967 SH Sole 7867 3100 Covidien PLC g2554f113 6304 117829 SH Sole 84952 32877 Discover Financial Services 254709108 8261 238884 SH Sole 171811 67073 eBay 278642103 7776 185105 SH Sole 135275 49830 Emerson Electric 291011104 4501 96626 SH Sole 67138 29488 Fidelity National Info Service 31620m106 6374 187016 SH Sole 134365 52651 FirstEnergy 337932107 4723 96007 SH Sole 71351 24656 General Electric 369604103 10446 501235 SH Sole 364247 136988 General Mills 370334104 7271 188654 SH Sole 136387 52267 Hess 42809h107 2395 55121 SH Sole 40654 14467 Home Depot 437076102 5794 109338 SH Sole 78635 30703 Intel 458140100 7786 292158 SH Sole 221754 70404 iShares Russell 1000 Value Ind 464287598 587 8608 SH Sole 5818 2790 John Deere 244199105 4925 60896 SH Sole 42450 18446 Johnson & Johnson 478160104 9492 140490 SH Sole 99297 41193 JPMorgan Chase 46625h100 5571 155923 SH Sole 113028 42895 Kraft Foods 50075n104 7079 183302 SH Sole 131648 51654 Marathon Oil 565849106 3599 140756 SH Sole 101605 39151 Marsh & McLennan 571748102 4976 154389 SH Sole 110024 44365 McDonald's 580135101 4642 52439 SH Sole 36771 15668 MetLife 59156r108 4232 137191 SH Sole 100823 36368 National Oilwell Varco 637071101 4791 74352 SH Sole 53388 20964 NextEra Energy 65339f101 5953 86511 SH Sole 62980 23531 Occidental Petroleum 674599105 4329 50474 SH Sole 36120 14354 Pfizer 717081103 8046 349808 SH Sole 252401 97407 Procter & Gamble 742718109 331 5405 SH Sole 3127 2278 Rio Tinto PLC 767204100 2854 59685 SH Sole 43456 16229 Thermo Fisher Scientific 883556102 5566 107225 SH Sole 77032 30193 Time Warner 887317303 5557 144346 SH Sole 106391 37955 U.S. Bancorp 902973304 6510 202415 SH Sole 151717 50698 Union Pacific 907818108 6754 56606 SH Sole 40973 15633 Verizon Communications 92343v104 5551 124915 SH Sole 89764 35151 Watson Pharmaceuticals 942683103 5053 68289 SH Sole 49701 18588 Wells Fargo 949746101 7407 221500 SH Sole 159022 62478 Wisconsin Energy 976657106 5218 131861 SH Sole 95887 35974 iShares Russell 2000 Fund ETF 464287655 2583 32470 SH Sole 32220 250 iShares Russell Midcap Growth 464287481 631 10655 SH Sole 10655 iShares Russell Midcap Index 464287499 3060 29045 SH Sole 28230 815 iShares Russell Midcap Value 464287473 626 13515 SH Sole 13515 iShares S&P MidCap 400 Index E 464287507 23749 252189 SH Sole 159624 92565 iShares S&P SmlCap 600 Growth 464287887 7105 88004 SH Sole 56067 31937 Midcap SPDR Trust Series 1 78467y107 213 1241 SH Sole 1241 PowerShares FTSE RAFI US 1500 73935x567 12662 196284 SH Sole 124510 71774 T. Rowe Price Mid-Cap Growth F 779556109 271 4769 SH Sole 4769 iShares MSCI EAFE Index ETF 464287465 41177 824200 SH Sole 563422 260778 iShares MSCI Pacific Ex Japan 464286665 21222 520791 SH Sole 355931 164860 PowerShares Emerg Markets Infr 73937b209 401 10609 SH Sole 7250 3359 SPDR S&P Emerging Asia Pacific 78463x301 7282 105698 SH Sole 72225 33473 SPDR S&P Emerging Latin Americ 78463x707 4492 65722 SH Sole 45510 20212 Vanguard FTSE All-World Ex-US 922042775 1936 47243 SH Sole 27199 20044 Vanguard FTSE All World ex-US 922042718 10222 125614 SH Sole 86845 38769 Vanguard MSCI Emerging Markets 922042858 13579 340068 SH Sole 231168 108900 3M 88579y101 385 4302 SH Sole 1377 2925 Apple 037833100 673 1153 SH Sole 480 673 Atel Cap Equip Fund VII 00207u104 5 10000 SH Sole 10000 Berkshire Hathaway A 084670108 791 6 SH Sole 4 2 Colgate-Palmolive 194162103 270 2591 SH Sole 125 2466 Exxon Mobil 30231g102 243 2836 SH Sole 300 2536 Gilead Sciences 375558103 3778 73674 SH Sole 73674 iShares Russell 1000 Index ETF 464287622 626 8320 SH Sole 5820 2500 Kimberly-Clark 494368103 380 4532 SH Sole 1846 2686 Microsoft 594918104 261 8545 SH Sole 275 8270 PepsiCo 713448108 237 3350 SH Sole 3350 S&P 500 Depository Receipt (SP 78462f103 960 7051 SH Sole 7001 50 U.S. Bancorp 902973304 277 8600 SH Sole 8600 United Parcel Service 911312106 2626 33340 SH Sole 32990 350 Vanguard Total Mkt Viper 922908769 750 10766 SH Sole 8480 2286 Andina Minerals 034219105 6 15000 SH Sole 15000 Avion Gold 053750105 4 10000 SH Sole 10000 Bayfield Ventures 072777105 3 10000 SH Sole 10000 Brigus Gold 109490102 13 15000 SH Sole 15000 Elements Rogers Total Return C 870297801 23200 2889123 SH Sole 1791612 1097511 Great Basin Gold 390124105 13 20000 SH Sole 20000 iPath DJ-UBS Commodity ETN 06738c778 14752 367136 SH Sole 225822 141314 iPath DJ-UBS Prec Metals TR Su 06739h248 10109 118741 SH Sole 77908 40833 Minco Gold Corp 60254d108 4 10000 SH Sole 10000 PARAMOUNT GOLD & SILVER CORP C 69924P102 36 15000 SH Sole 15000 Pinetree Capital 723330106 8 10000 SH Sole 10000 Revolution Resources 76155f109 1 10000 SH Sole 10000 Romarco Minerals 775903206 8 15000 SH Sole 15000 San Gold 79780p104 9 10000 SH Sole 10000 Sandspring Resources 800110108 10 15000 SH Sole 15000 Seafield Resources 81173r101 3 20000 SH Sole 20000 South American Silver 836307108 17 15000 SH Sole 15000 SPDR Gold Trust 78463v107 954 6145 SH Sole 4517 1628 ALPS Alerian MLP ETF 00162q866 1096 68562 SH Sole 51346 17216 iPath S&P 500 Dynamic VIX ETN 06741l609 3708 65133 SH Sole 48165 16968 iShares Barclays 3-7 Year Trea 464288661 5926 48179 SH Sole 35351 12828 iShares High Dividend Equity F 46429b663 2289 38564 SH Sole 28487 10077 PowerShares S&P 500 Low Volati 73937b779 2006 72730 SH Sole 53584 19146 SPDR Barclays Capital High Yie 78464a417 1188 30105 SH Sole 22196 7909 Vanguard Dividend Appreciation 921908844 1912 33726 SH Sole 24870 8856 Vanguard Short-Term Corporate 92206c409 4028 50891 SH Sole 37387 13504 WisdomTree Managed Futures Str 97717w125 1498 37681 SH Sole 27741 9940