Wulff, Hansen & Co.
Wulff, Hansen & Co. is a full-service public finance and investment management firm founded in 1931, headquartered in San Rafael, California. It is one of the oldest municipal advisory and investment banking firms in California, providing services including municipal advisory, underwriting, and investment management to public and private clients. The firm focuses on helping state and local governments, agencies, non-profits, schools, and hospitals with their finance needs, and currently employs approximately 23 professionals across its San Rafael headquarters and its branch in Lodi, CA.
Investment Strategy
Wulff, Hansen & Co. specializes in California public finance, with a strong focus on municipal advisory and underwriting services for state and local governments, agencies, schools, hospitals, and nonprofit organizations. The firm provides tailored financial solutions including bond structuring, pricing, and strategic financial advice, emphasizing resource optimization and cost minimization. Experienced in restructuring, workouts, and distressed issuances, they also engage in direct underwriting and placement of a broad range of municipal securities, especially for projects often considered too complex or difficult by larger competitors. The firm has a history of innovation in municipal finance within California, including landmark legal contributions and the structuring of novel bond offerings.
Top Holdings
Equity Positions (99)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
B BX | BLACKSTONE INC | 6.86% | $8.0M | 53,553 | $126.36 | $149.58 | +$414.4K |
V VGT | VANGUARD WORLD FDS | 5.03% | $5.9M | 8,860 | $458.06 | $663.28 | +$1.0M |
M MSFT | MICROSOFT CORP | 4.21% | $4.9M | 9,891 | $348.02 | $497.41 | +$1.1M |
C COST | COSTCO WHSL CORP NEW | 3.04% | $3.6M | 3,592 | $809.76 | $989.94 | +$218.2K |
J JPM | JPMORGAN CHASE & CO | 3.03% | $3.5M | 12,231 | $154.43 | $289.91 | +$459.8K |