Instuitional Investor - Badgley Phelps Wealth Managers, Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Microsoft Corp	MSFT	637,076	$239,565,923	6.53%
2.	Apple Inc.	AAPL	878,292	$169,097,471	4.6%
3.	Ishares Trust	IEF	2,234,629	$168,379,300	4.58%
4.	Vanguard Index Fds		513,634	$109,573,552	2.98%
5.	Amazon Com Inc	AMZN	600,825	$91,289,351	2.48%