0000915325-19-000009.txt : 20191104 0000915325-19-000009.hdr.sgml : 20191104 20191104094832 ACCESSION NUMBER: 0000915325-19-000009 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20190930 FILED AS OF DATE: 20191104 DATE AS OF CHANGE: 20191104 EFFECTIVENESS DATE: 20191104 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: 191188446 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 09-30-2019 09-30-2019 BADGLEY PHELPS & BELL INC

1420 FIFTH AVENUE STE 3200 SEATTLE WA 98101

13F HOLDINGS REPORT 028-04032 N Lisa Guzman 206-623-6172 Lisa Guzman Seattle WA 09-30-2019 0 202 1751869 false INFORMATION TABLE 2 bpb13f-3q19.xml 3RD QUARTER 13F FILING - BADGLEY PHELPS iShares U.S. TIPS Fund COM 464287176 537 4616 SH SOLE 4284 0 332 iShares Core US Aggregate Bond COM 464287226 358 3168 SH SOLE 3168 0 0 iShares Intermediate Govt/Cred COM 464288612 3840 33915 SH SOLE 29022 0 4893 iShares MBS COM 464288588 356 3285 SH SOLE 3285 0 0 iShares Short-Term Corporate B COM 464288646 221 4119 SH SOLE 4119 0 0 Schwab U.S. Aggregate Bond ETF COM 808524839 238 4412 SH SOLE 4412 0 0 SPDR Short Term Corporate Bond COM 78464A474 754 24446 SH SOLE 24446 0 0 3M COM 88579Y101 1129 6867 SH SOLE 6867 0 0 Abbott Labs COM 002824100 1277 15264 SH SOLE 15064 0 200 AbbVie COM 00287Y109 1096 14480 SH SOLE 14480 0 0 Accenture Ltd. Cl A COM G1151C101 703 3653 SH SOLE 3603 0 50 Adobe COM 00724F101 7884 28538 SH SOLE 26547 0 1991 Akamai Technologies COM 00971t101 223 2440 SH SOLE 2440 0 0 Alibaba Group Holding COM 01609W102 8285 49541 SH SOLE 44665 0 4876 Alphabet COM 02079K305 15612 12785 SH SOLE 11450 0 1335 Alphabet Cl C COM 02079K107 13987 11474 SH SOLE 10244 0 1230 Amazon.com COM 023135106 41952 24167 SH SOLE 21618 0 2549 Amcor Limited - Spons ADR COM 02341r302 428 43860 SH SOLE 43860 0 0 American Tower COM 03027X100 13974 63195 SH SOLE 55757 0 7438 Amgen COM 031162100 14713 76033 SH SOLE 68420 0 7613 Apple COM 037833100 35596 158930 SH SOLE 141672 0 17258 Automatic Data Processing COM 053015103 1980 12267 SH SOLE 12167 0 100 Becton Dickinson COM 075887109 481 1902 SH SOLE 1902 0 0 BlackRock COM 09247X101 266 596 SH SOLE 596 0 0 Boeing COM 097023105 22147 58209 SH SOLE 52667 0 5542 Booking Holdings COM 09857l108 11263 5739 SH SOLE 5090 0 649 Caterpillar COM 149123101 284 2249 SH SOLE 2249 0 0 Celgene COM 151020104 899 9055 SH SOLE 9055 0 0 Constellation Brands COM 21036P108 12115 58447 SH SOLE 52517 0 5930 CoStar Group COM 22160n109 9702 16356 SH SOLE 15247 0 1109 Costco Wholesale COM 22160K105 23460 81426 SH SOLE 72998 0 8428 Ecolab COM 278865100 19426 98089 SH SOLE 87360 0 10729 Eli Lilly COM 532457108 12883 115202 SH SOLE 102715 0 12487 EPAM Systems COM 29414b104 966 5300 SH SOLE 5300 0 0 Equinix COM 29444U700 12394 21487 SH SOLE 19152 0 2335 Estee Lauder COM 518439104 10293 51738 SH SOLE 48021 0 3717 Exelixis COM 30161q104 195 11000 SH SOLE 11000 0 0 Facebook COM 30303M102 18720 105120 SH SOLE 93263 0 11857 Fiserv COM 337738108 249 2400 SH SOLE 2400 0 0 Gilead Sciences COM 375558103 380 6001 SH SOLE 6001 0 0 HealthEquity COM 42226A107 4875 85318 SH SOLE 78995 0 6323 Home Depot COM 437076102 20313 87550 SH SOLE 77403 0 10147 Honeywell COM 438516106 15184 89738 SH SOLE 80377 0 9361 Incyte COM 45337c102 401 5400 SH SOLE 5400 0 0 iShares Russell 1000 Growth In COM 464287614 13579 85065 SH SOLE 83045 0 2020 iShares Russell 1000 Index ETF COM 464287622 5458 33173 SH SOLE 28298 0 4875 Lockheed Martin COM 539830109 210 539 SH SOLE 539 0 0 Lowe's COM 548661107 281 2552 SH SOLE 2552 0 0 Marriott International Cl A COM 571903202 9913 79704 SH SOLE 69988 0 9716 MasterCard COM 57636Q104 243 896 SH SOLE 896 0 0 Microsoft COM 594918104 55140 396604 SH SOLE 357731 0 38873 Navistar International COM 63934e108 655 23300 SH SOLE 23300 0 0 Netflix COM 64110L106 12733 47580 SH SOLE 42498 0 5082 Oracle COM 68389X105 279 5071 SH SOLE 5071 0 0 PACCAR COM 693718108 813 11618 SH SOLE 7698 0 3920 Palo Alto Networks COM 697435105 7676 37660 SH SOLE 33503 0 4157 Paychex COM 704326107 300 3629 SH SOLE 3629 0 0 PayPal Holdings COM 70450Y103 17162 165668 SH SOLE 147972 0 17696 PepsiCo COM 713448108 12481 91039 SH SOLE 80609 0 10430 Progressive COM 743315103 9126 118136 SH SOLE 105856 0 12280 Raytheon COM 755111507 7544 38452 SH SOLE 35813 0 2639 Roper Technologies COM 776696106 612 1715 SH SOLE 1310 0 405 Salesforce.com COM 79466L302 16390 110415 SH SOLE 98927 0 11488 Schwab U.S. Large-Cap Growth E COM 808524300 344 4093 SH SOLE 4093 0 0 Seattle Genetics COM 812578102 303 3550 SH SOLE 3550 0 0 ServiceNow COM 81762P102 11479 45220 SH SOLE 42261 0 2959 Sherwin-Williams COM 824348106 9241 16805 SH SOLE 15555 0 1250 Starbucks COM 855244109 3184 36016 SH SOLE 33491 0 2525 Stryker COM 863667101 12253 56650 SH SOLE 50856 0 5794 Sysco COM 871829107 2554 32172 SH SOLE 30322 0 1850 Texas Instruments COM 882508104 291 2250 SH SOLE 2250 0 0 Thermo Fisher Scientific COM 883556102 17760 60974 SH SOLE 53530 0 7444 Trilogy International Partners COM 89621t108 17 10000 SH SOLE 10000 0 0 United Parcel Service COM 911312106 595 4965 SH SOLE 4965 0 0 UnitedHealth Group COM 91324P102 13081 60192 SH SOLE 53653 0 6539 Universal Display COM 91347p105 672 4000 SH SOLE 4000 0 0 Vanguard Growth ETF COM 922908736 277 1667 SH SOLE 1667 0 0 Vertex Pharmaceuticals COM 92532f100 539 3181 SH SOLE 3181 0 0 VISA Class A COM 92826C839 31139 181028 SH SOLE 162430 0 18598 Waste Management COM 94106L109 10838 94248 SH SOLE 84180 0 10068 Activision Blizzard COM 00507V109 662 12512 SH SOLE 12475 0 37 AFLAC COM 001055102 268 5120 SH SOLE 5120 0 0 AT&T COM 00206R102 337 8916 SH SOLE 7925 0 991 Bank of America COM 060505104 13025 446532 SH SOLE 414119 0 32413 Banner COM 06652V208 216 3853 SH SOLE 3853 0 0 BB&T COM 054937107 10065 188593 SH SOLE 168812 0 19781 Berkshire Hathaway B COM 084670702 26875 129192 SH SOLE 116919 0 12273 Broadcom COM 11135F101 9168 33208 SH SOLE 29741 0 3467 Chevron COM 166764100 15331 129270 SH SOLE 118338 0 10932 Cisco Systems COM 17275R102 18702 378508 SH SOLE 347440 0 31068 Clorox COM 189054109 314 2070 SH SOLE 2070 0 0 Coca-Cola COM 191216100 946 17381 SH SOLE 16926 0 455 Colgate-Palmolive COM 194162103 955 12996 SH SOLE 12535 0 461 Comcast Class A COM 20030N101 8277 183609 SH SOLE 169234 0 14375 Corning COM 219350105 239 8370 SH SOLE 8370 0 0 CVS Health Corporation COM 126650100 400 6345 SH SOLE 6345 0 0 Danaher COM 235851102 21265 147237 SH SOLE 132564 0 14673 Digital Realty Trust COM 253868103 10218 78717 SH SOLE 70843 0 7874 Emerson Electric COM 291011104 374 5597 SH SOLE 4422 0 1175 EOG Resources COM 26875P101 8610 116003 SH SOLE 104971 0 11032 Exxon Mobil COM 30231G102 7307 103480 SH SOLE 96212 0 7268 Fidelity National Info Service COM 31620M106 20240 152454 SH SOLE 136695 0 15759 Financial Select Sector SPDR E COM 81369Y605 240 8576 SH SOLE 8576 0 0 First Republic Bank COM 33616C100 9633 99622 SH SOLE 92515 0 7107 Fortive Corporation COM 34959J108 12600 183777 SH SOLE 166201 0 17576 General Mills COM 370334104 397 7202 SH SOLE 6317 0 885 Intel COM 458140100 1698 32944 SH SOLE 30944 0 2000 iShares Russell 1000 Value Ind COM 464287598 14764 115108 SH SOLE 112910 0 2198 Johnson & Johnson COM 478160104 15766 121860 SH SOLE 109719 0 12141 JPMorgan Chase COM 46625H100 29180 247942 SH SOLE 222704 0 25238 LAM Research COM 512807108 9071 39251 SH SOLE 35344 0 3907 Marsh & McLennan COM 571748102 15885 158767 SH SOLE 141926 0 16841 McDonald's COM 580135101 18358 85499 SH SOLE 77003 0 8496 Medtronic COM G5960L103 18965 174597 SH SOLE 158336 0 16261 Merck COM 58933Y105 685 8138 SH SOLE 8138 0 0 Mondelez International COM 609207105 12356 223350 SH SOLE 201027 0 22323 Morgan Stanley COM 617446448 7992 187292 SH SOLE 173689 0 13603 NextEra Energy COM 65339F101 22908 98321 SH SOLE 88420 0 9901 Noble Energy COM 655044105 217 9670 SH SOLE 9670 0 0 Pfizer COM 717081103 15159 421905 SH SOLE 380939 0 40965 Philip Morris Int'l COM 718172109 216 2845 SH SOLE 2845 0 0 Procter & Gamble COM 742718109 23231 186777 SH SOLE 171565 0 15212 Prologis COM 74340W103 16850 197722 SH SOLE 178968 0 18754 Qualcomm COM 747525103 243 3190 SH SOLE 2490 0 700 Schlumberger COM 806857108 4526 132467 SH SOLE 123237 0 9230 U.S. Bancorp COM 902973304 1423 25717 SH SOLE 24662 0 1055 Union Pacific COM 907818108 15626 96471 SH SOLE 87069 0 9402 United Technologies COM 913017109 11246 82375 SH SOLE 76233 0 6142 Valero Energy COM 91913Y100 6307 73991 SH SOLE 67377 0 6614 Vanguard Value ETF COM 922908744 286 2560 SH SOLE 2111 0 449 Verizon Communications COM 92343V104 17072 282832 SH SOLE 254986 0 27846 Walmart, Inc. COM 931142103 14010 118052 SH SOLE 109853 0 8199 Walt Disney COM 254687106 18598 142710 SH SOLE 129634 0 13076 WEC Energy Group COM 92939U106 14307 150439 SH SOLE 134541 0 15898 Associated Banc-Corp COM 045487105 202 10000 SH SOLE 10000 0 0 Avanos Medical COM 05350V106 539 14400 SH SOLE 14400 0 0 Invesco FTSE RAFI US 1500 ETF COM 46137v597 572 4503 SH SOLE 3706 0 797 iShares Core S&P Mid-Cap ETF COM 464287507 46544 240873 SH SOLE 210564 0 30309 iShares Morningstar Mid Cap ET COM 464288406 235 1460 SH SOLE 1460 0 0 iShares Russell 2000 Fund ETF COM 464287655 4676 30898 SH SOLE 30898 0 0 iShares Russell 2000 Growth In COM 464287648 21757 112890 SH SOLE 101140 0 11750 iShares Russell 2000 Value Ind COM 464287630 18642 156117 SH SOLE 139890 0 16227 iShares Russell Midcap Growth COM 464287481 18074 127866 SH SOLE 113883 0 13983 iShares Russell Midcap Index COM 464287499 21800 389639 SH SOLE 362099 0 27540 iShares Russell Midcap Value COM 464287473 1173 13078 SH SOLE 12901 0 177 iShares S&P SmlCap 600 Growth COM 464287887 12229 68558 SH SOLE 58984 0 9574 Midcap SPDR Trust Series 1 COM 78467Y107 4464 12666 SH SOLE 12391 0 275 Schweitzer-Mauduit Internation COM 808541106 711 19000 SH SOLE 19000 0 0 Vanguard Extended Market ETF COM 922908652 226 1941 SH SOLE 1941 0 0 Vanguard Mid-Cap ETF COM 922908629 262 1563 SH SOLE 1563 0 0 Vanguard Small Cap ETF COM 922908751 50347 327164 SH SOLE 291315 0 35849 Goldman Sachs ActiveBeta Emerg COM 381430206 9607 306349 SH SOLE 283861 0 22488 Invesco FTSE RAFI Emerging Mar COM 46138E727 252 12566 SH SOLE 12566 0 0 iShares MSCI ACWI EX US COM 464288240 1372 29788 SH SOLE 29788 0 0 iShares MSCI EAFE ETF COM 464287465 87148 1336414 SH SOLE 1199586 0 136828 iShares MSCI Pacific Ex Japan COM 464286665 10545 235749 SH SOLE 212045 0 23704 JPMorgan Diversified Return In COM 46641Q209 12564 236296 SH SOLE 219778 0 16518 Nestle SA F ADR COM 641069406 984 9080 SH SOLE 9080 0 0 Novartis COM 66987V109 465 5347 SH SOLE 5282 0 65 Novo-Nordisk A/S ADR COM 670100205 522 10106 SH SOLE 10106 0 0 Roche Hldg LTD Spons COM 771195104 233 6400 SH SOLE 6400 0 0 Schwab International Equity ET COM 808524805 508 15936 SH SOLE 15936 0 0 Vanguard FTSE All-World Ex-US COM 922042775 3951 79175 SH SOLE 75420 0 3755 Vanguard FTSE Developed Market COM 921943858 49133 1196034 SH SOLE 1074815 0 121219 Vanguard FTSE Emerging Markets COM 922042858 36749 912786 SH SOLE 825118 0 87668 Vanguard Total International S COM 921909768 635 12289 SH SOLE 12289 0 0 Altria Group COM 02209S103 1246 30476 SH SOLE 30476 0 0 Apple COM 037833100 1330 5941 SH SOLE 5941 0 0 AT&T COM 00206R102 276 7300 SH SOLE 7300 0 0 Berkshire Hathaway A COM 084670108 1662 5 SH SOLE 5 0 0 Berkshire Hathaway B COM 084670702 1030 4950 SH SOLE 4950 0 0 Charles Schwab COM 808513105 252 6035 SH SOLE 6035 0 0 Gilead Sciences COM 375558103 5977 94300 SH SOLE 94300 0 0 Heritage Financial COM 42722X106 384 14247 SH SOLE 14247 0 0 Invesco QQQ Trust COM 46090E103 410 2169 SH SOLE 2169 0 0 iShares Russell 1000 Index ETF COM 464287622 1573 9559 SH SOLE 9517 0 42 iShares Russell 3000 COM 464287689 660 3799 SH SOLE 3799 0 0 iShares S&P 500 Index Fund COM 464287200 1195 4004 SH SOLE 4004 0 0 Microsoft COM 594918104 487 3500 SH SOLE 3500 0 0 Neogen COM 640491106 545 8000 SH SOLE 8000 0 0 NIKE Class B COM 654106103 478 5088 SH SOLE 5088 0 0 Philip Morris Int'l COM 718172109 1039 13688 SH SOLE 13688 0 0 ProShares S&P 500 Dividend Ari COM 74348A467 231 3232 SH SOLE 3232 0 0 Riverview Bancorp Inc. COM 769397100 177 24000 SH SOLE 24000 0 0 Schwab US Large Cap ETF COM 808524201 375 5292 SH SOLE 5292 0 0 SPDR S&P 500 ETF Trust COM 78462F103 2793 9413 SH SOLE 9413 0 0 Starbucks COM 855244109 600 6784 SH SOLE 6784 0 0 Technology Select Sector SPDR COM 81369Y803 289 3590 SH SOLE 3590 0 0 U.S. Bancorp COM 902973304 376 6802 SH SOLE 6802 0 0 United Parcel Service COM 911312106 3403 28400 SH SOLE 28050 0 350 Vanguard Large Cap ETF COM 922908637 738 5415 SH SOLE 5415 0 0 Vanguard S&P 500 ETF COM 922908363 255 935 SH SOLE 935 0 0 Vanguard Total Stock Market COM 922908769 6690 44307 SH SOLE 42892 0 1415 SPDR Gold Trust COM 78463V107 212 1527 SH SOLE 1427 0 100 iShares 3-7 Year Treasury Bond COM 464288661 34073 268714 SH SOLE 253631 0 15083 iShares 7-10 Year Treasury Bon COM 464287440 16271 144673 SH SOLE 136351 0 8322 iShares Core S&P Total US Stoc COM 464287150 13963 208183 SH SOLE 196458 0 11725 PIMCO Enhanced Short Maturity COM 72201R833 23375 229772 SH SOLE 216777 0 12995 Vanguard Large Cap ETF COM 922908637 10345 75881 SH SOLE 71643 0 4238 Vanguard Short-Term Corporate COM 92206C409 29913 369068 SH SOLE 348877 0 20191 Equity Residential COM 29476l107 736 8527 SH SOLE 8527 0 0 Invitation Homes COM 46187W107 574 19377 SH SOLE 19377 0 0