# EDGAR Filing Document

**Accession Number:** 0000108634
**File Stem:** 0000108634-26-000002
**Filing Date:** 2026-2
**Character Count:** 13328
**Document Hash:** 988bf7f4f5ebfe51b0249c9d37d0485b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000108634-26-000002.hdr.sgml**: 20260203

**ACCESSION NUMBER**: 0000108634-26-000002

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260203

**DATE AS OF CHANGE**: 20260202

**EFFECTIVENESS DATE**: 20260203

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** WULFF, HANSEN & CO.
- **CENTRAL INDEX KEY:** 0000108634

**ORGANIZATION NAME:**
- **EIN:** 940993720
- **STATE OF INCORPORATION:** CA
- **FISCAL YEAR END:** 1230

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-21958
- **FILM NUMBER:** 26589552

**BUSINESS ADDRESS:**
- **STREET 1:** 100 SMITH RANCH ROAD, SUITE 330
- **CITY:** SAN RAFAEL
- **STATE:** CA
- **ZIP:** 94903
- **BUSINESS PHONE:** 415-202-6650

**MAIL ADDRESS:**
- **STREET 1:** 100 SMITH RANCH ROAD, SUITE 330
- **CITY:** SAN RAFAEL
- **STATE:** CA
- **ZIP:** 94903

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WULFF HANSEN & CO                                       /BD
- **DATE OF NAME CHANGE:** 20020129

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** WULFF HANSEN  CO.<br>**Address:** 100 SMITH RANCH ROAD SUITE 330<br>SAN RAFAEL, CA 94903

**Form 13F File Number:** 028-21958

**CRD Number (if applicable):** 000000908

**SEC File Number (if applicable):** 867-01256

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.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Chris Charles<br>**Title:** President<br>**Phone:** 415-202-6650

**Signature, Place, and Date of Signing:**

Chris Charles  San Rafael, CA  02-02-2026<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 102

**Form 13F Information Table Value Total:** $119196337

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| AMAZON COM INC | COM | 023135106 |  | 4482524 | 19420 | SH |  | SOLE |  | 0 | 0 | 0 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 390901 | 3390 | SH |  | SOLE |  | 0 | 0 | 0 |
| AMERICAN EXPRESS CO | Com | 025816109 |  | 253786 | 686 | SH |  | SOLE |  | 0 | 0 | 0 |
| AMERICAN WTR WKS CO INC NEW | COM | 030420103 |  | 1236488 | 9475 | SH |  | SOLE |  | 0 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 4055491 | 14918 | SH |  | SOLE |  | 0 | 0 | 0 |
| BK OF AMERICA CORP | COM | 060505104 |  | 2455658 | 44648 | SH |  | SOLE |  | 0 | 0 | 0 |
| BANK MARIN BANCORP | COM | 063425102 |  | 222177 | 8542 | SH |  | SOLE |  | 0 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 1890969 | 3762 | SH |  | SOLE |  | 0 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 1183521 | 5451 | SH |  | SOLE |  | 0 | 0 | 0 |
| BROOKFIELD ASSET MANAGMT LTD | CL A LMT VTG SHS | 113004105 |  | 410214 | 7830 | SH |  | SOLE |  | 0 | 0 | 0 |
| CSX CORP | COM | 126408103 |  | 2140200 | 59040 | SH |  | SOLE |  | 0 | 0 | 0 |
| CALIFORNIA WTR SVC GROUP | COM | 130788102 |  | 850351 | 19625 | SH |  | SOLE |  | 0 | 0 | 0 |
| CAMPBELL SOUP CO | COM | 134429109 |  | 434215 | 15580 | SH |  | SOLE |  | 0 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 1085589 | 1895 | SH |  | SOLE |  | 0 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 1139265 | 7475 | SH |  | SOLE |  | 0 | 0 | 0 |
| CLOROX CO DEL | COM | 189054109 |  | 321144 | 3185 | SH |  | SOLE |  | 0 | 0 | 0 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 261556 | 3310 | SH |  | SOLE |  | 0 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 |  | 233498 | 1020 | SH |  | SOLE |  | 0 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 379440 | 815 | SH |  | SOLE |  | 0 | 0 | 0 |
| DIGITAL RLTY TR INC | COM | 253868103 |  | 767516 | 4961 | SH |  | SOLE |  | 0 | 0 | 0 |
| ESSEX PPTY TR INC | COM | 297178105 |  | 409268 | 1564 | SH |  | SOLE |  | 0 | 0 | 0 |
| FISERV INC | COM | 337738108 |  | 202518 | 3015 | SH |  | SOLE |  | 0 | 0 | 0 |
| GENERAL ELECTRIC CO | COM NEW | 369604301 |  | 2815394 | 9140 | SH |  | SOLE |  | 0 | 0 | 0 |
| GENERAL MLS INC | COM | 370334104 |  | 611010 | 13140 | SH |  | SOLE |  | 0 | 0 | 0 |
| GENUINE PARTS CO | COM | 372460105 |  | 1270792 | 10335 | SH |  | SOLE |  | 0 | 0 | 0 |
| GRAINGER W W INC | COM | 384802104 |  | 232082 | 230 | SH |  | SOLE |  | 0 | 0 | 0 |
| HAVERTY FURNITURE COS INC | COM | 419596101 |  | 712994 | 30522 | SH |  | SOLE |  | 0 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 1394981 | 4054 | SH |  | SOLE |  | 0 | 0 | 0 |
| HONEYWELL INTL INC | Com | 438516106 |  | 370671 | 1900 | SH |  | SOLE |  | 0 | 0 | 0 |
| HUNTINGTON INGALLS INDS INC | Com | 446413106 |  | 415566 | 1222 | SH |  | SOLE |  | 0 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 472910 | 12816 | SH |  | SOLE |  | 0 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS COM | COM | 459200101 |  | 393071 | 1327 | SH |  | SOLE |  | 0 | 0 | 0 |
| ISHARES INC | MSCI CDA ETF | 464286509 |  | 326384 | 6052 | SH |  | SOLE |  | 0 | 0 | 0 |
| ISHARES TR | U.S. FINLS ETF | 464287788 |  | 357781 | 2775 | SH |  | SOLE |  | 0 | 0 | 0 |
| ISHARES TR | ISHS 1-5YR UNVS | 464288646 |  | 835240 | 15795 | SH |  | SOLE |  | 0 | 0 | 0 |
| ISHARES TR | PFD AND INCM SEC | 464288687 |  | 365328 | 11800 | SH |  | SOLE |  | 0 | 0 | 0 |
| ISHARES TR | US AER DEF ETF | 464288760 |  | 501731 | 2337 | SH |  | SOLE |  | 0 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 1960851 | 9475 | SH |  | SOLE |  | 0 | 0 | 0 |
| LILLY ELI  CO | COM | 532457108 |  | 596447 | 555 | SH |  | SOLE |  | 0 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 1021511 | 2112 | SH |  | SOLE |  | 0 | 0 | 0 |
| MP MATERIALS CORP | COM CL A | 553368101 |  | 831105 | 16451 | SH |  | SOLE |  | 0 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 4449788 | 9201 | SH |  | SOLE |  | 0 | 0 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 1212790 | 22530 | SH |  | SOLE |  | 0 | 0 | 0 |
| MOODYS CORP | COM | 615369105 |  | 329498 | 645 | SH |  | SOLE |  | 0 | 0 | 0 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 |  | 567697 | 1481 | SH |  | SOLE |  | 0 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 285728 | 11475 | SH |  | SOLE |  | 0 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 1618436 | 10090 | SH |  | SOLE |  | 0 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 2838111 | 19804 | SH |  | SOLE |  | 0 | 0 | 0 |
| SHELL PLC | SPON ADS | 780259305 |  | 412296 | 5611 | SH |  | SOLE |  | 0 | 0 | 0 |
| SCHWAB STRATEGIC TR | US LCAP GR ETF | 808524300 |  | 432867 | 13270 | SH |  | SOLE |  | 0 | 0 | 0 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 |  | 1417308 | 51670 | SH |  | SOLE |  | 0 | 0 | 0 |
| SOUTHERN CO | COM | 842587107 |  | 666906 | 7648 | SH |  | SOLE |  | 0 | 0 | 0 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 1210988 | 1931 | SH |  | SOLE |  | 0 | 0 | 0 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 315989 | 1225 | SH |  | SOLE |  | 0 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 1195764 | 10733 | SH |  | SOLE |  | 0 | 0 | 0 |
| RAYTHEON TECHNOLOGIES CORP | COM | 75513E101 |  | 3893032 | 21227 | SH |  | SOLE |  | 0 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 820104 | 1335 | SH |  | SOLE |  | 0 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 607783 | 2660 | SH |  | SOLE |  | 0 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 6086285 | 19445 | SH |  | SOLE |  | 0 | 0 | 0 |
| BLACKSTONE INC | COM | 09260D107 |  | 8038247 | 52149 | SH |  | SOLE |  | 0 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 1053875 | 3045 | SH |  | SOLE |  | 0 | 0 | 0 |
| BROOKFIELD CORP | CL A LTD VT SH | 11271J107 |  | 2257329 | 49190 | SH |  | SOLE |  | 0 | 0 | 0 |
| BROOKFIELD INFRASTRUCTURE CO | COM SUB VTG A | 11276H106 |  | 338457 | 7455 | SH |  | SOLE |  | 0 | 0 | 0 |
| CANADIAN PACIFIC KANSAS CITY | COM | 13646K108 |  | 518282 | 7039 | SH |  | SOLE |  | 0 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 244022 | 8164 | SH |  | SOLE |  | 0 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 1741064 | 2019 | SH |  | SOLE |  | 0 | 0 | 0 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 931820 | 7950 | SH |  | SOLE |  | 0 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 950084 | 7895 | SH |  | SOLE |  | 0 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 211229 | 320 | SH |  | SOLE |  | 0 | 0 | 0 |
| FRANKLIN TEMPLETON ETF TR | FRANKLIN DYN MUN | 35473P868 |  | 1024321 | 41187 | SH |  | SOLE |  | 0 | 0 | 0 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 1310331 | 25799 | SH |  | SOLE |  | 0 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 |  | 1165969 | 1784 | SH |  | SOLE |  | 0 | 0 | 0 |
| GLOBAL BUSINESS TRAVEL GROUP | COM CL A | 37890B100 |  | 176914 | 23126 | SH |  | SOLE |  | 0 | 0 | 0 |
| GUARDANT HEALTH INC | com | 40131M109 |  | 325316 | 3185 | SH |  | SOLE |  | 0 | 0 | 0 |
| HP INC | COM | 40434L105 |  | 202325 | 9081 | SH |  | SOLE |  | 0 | 0 | 0 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 |  | 410174 | 4585 | SH |  | SOLE |  | 0 | 0 | 0 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 |  | 390145 | 5804 | SH |  | SOLE |  | 0 | 0 | 0 |
| ISHARES TR | 0-3 MNTH TREASRY | 46436E718 |  | 200760 | 2000 | SH |  | SOLE |  | 0 | 0 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 3899184 | 12101 | SH |  | SOLE |  | 0 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 499520 | 875 | SH |  | SOLE |  | 0 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 1844682 | 17525 | SH |  | SOLE |  | 0 | 0 | 0 |
| NOVARTIS AG | SPONSORED ADR | 66987V109 |  | 394998 | 2865 | SH |  | SOLE |  | 0 | 0 | 0 |
| NVIDIA CORPORATION | com | 67066G104 |  | 1632808 | 8755 | SH |  | SOLE |  | 0 | 0 | 0 |
| SPDR SER TR | PORTFOLIO S | 78468R853 |  | 864801 | 18455 | SH |  | SOLE |  | 0 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI CONS DISCR | 81369Y407 |  | 1683442 | 14098 | SH |  | SOLE |  | 0 | 0 | 0 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 |  | 471243 | 10540 | SH |  | SOLE |  | 0 | 0 | 0 |
| SELECT SECTOR SPDR TR | FINANCIAL | 81369Y605 |  | 265908 | 4855 | SH |  | SOLE |  | 0 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI INT-INDS | 81369Y704 |  | 466911 | 3010 | SH |  | SOLE |  | 0 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 463212 | 1030 | SH |  | SOLE |  | 0 | 0 | 0 |
| 3M CO | COM | 88579Y101 |  | 261764 | 1635 | SH |  | SOLE |  | 0 | 0 | 0 |
| VANGUARD WORLD FDS | INDUSTRIAL ETF | 92204A603 |  | 355072 | 1190 | SH |  | SOLE |  | 0 | 0 | 0 |
| VANGUARD WORLD FDS | INF TECH ETF | 92204A702 |  | 6606128 | 8764 | SH |  | SOLE |  | 0 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 |  | 1111835 | 13945 | SH |  | SOLE |  | 0 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 434630 | 10671 | SH |  | SOLE |  | 0 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 1772839 | 5055 | SH |  | SOLE |  | 0 | 0 | 0 |
| WARRIOR MET COAL INC | com | 93627C101 |  | 613928 | 6963 | SH |  | SOLE |  | 0 | 0 | 0 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 855331 | 3893 | SH |  | SOLE |  | 0 | 0 | 0 |
| WILLDAN GROUP INC | COM | 96924N100 |  | 1814568 | 17505 | SH |  | SOLE |  | 0 | 0 | 0 |
| BROOKFIELD INFRAST PARTNERS | LP INT UNIT | G16252101 |  | 1775422 | 51106 | SH |  | SOLE |  | 0 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 |  | 399730 | 1255 | SH |  | SOLE |  | 0 | 0 | 0 |
| LINDE PLC | SHS | G54950103 |  | 325762 | 764 | SH |  | SOLE |  | 0 | 0 | 0 |
| GLOBAL SHIP LEASE INC NEW | COM CL A | Y27183600 |  | 238447 | 6805 | SH |  | SOLE |  | 0 | 0 | 0 |

---