George Kaiser Family Foundation

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), George Kaiser Family Foundation reported 68 stock positions worth $693.9 million. Its top holding was Bok Financial (BOKF) at 47.3% of the portfolio, followed by Excelerate Energy Class A (EE, 33.2%) and SS SPDR S&P 500 ETF Trust-US (SPY, 3.5%). Compared with Q1 2025, it opened 3 new positions, sold out of 3, added to 58 and reduced 3. The biggest buy was SS SPDR S&P 500 ETF Trust-US (SPY, shares +53%) and the biggest sale an exit from PTC (PTC).

Most Recent 13F
Q2 2026
Location
TULSA, OK
CIK
0001265376
Portfolio Value
$693.9M (Q2 2025)
SEC Filing
0001140361-25-031079 ↗ filed Aug 14, 2025

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $527.3M Q1 2024 Q2 2024: $565.9M Q2 2024 Q3 2024: $654.3M Q3 2024 Q4 2024: $678.8M Q4 2024 Q1 2025: $680.5M Q1 2025 Q2 2025: $693.9M $693.9M Q2 2025 Q3 2025: $712.6M Q3 2025 Q4 2025: $747.2M Q4 2025 Q1 2026: $882.8M Q1 2026 Q2 2026: $1.0B Q2 2026

Holdings 68 stocks · $693.9M
BOKF Bok Financial Corporation 47.30% 3,361,707 $328.2M No change
EE Excelerate Energy Inc. Class A 33.19% 7,854,167 $230.3M No change
SPY SS SPDR S&P 500 ETF Trust-US 3.52% 39,583 $24.5M Add +52.7%
IWL iShares Russell Top 200 ETF 2.97% 134,450 $20.6M Add +48.1%
ASPN Aspen Aerogels Inc. 2.70% 3,167,322 $18.8M No change
JBL Jabil Inc. 1.07% 33,980 $7.4M Add +1.1%
NOW ServiceNow Inc. 0.82% 5,550 $5.7M Reduce -8.6%
INTA Intapp Inc. 0.77% 102,865 $5.3M Add +5.8%
TDG Transdigm Group Inc. 0.74% 3,377 $5.1M Add +1515.8%
FROG Jfrog Ltd. 0.70% 110,101 $4.8M Reduce -5.3%
DSGX The Descartes Systems Grp 0.51% 34,937 $3.6M Add +1.1%
ALKT Alkami Technology Inc. 0.50% 114,196 $3.4M Add +1.7%
TW Tradeweb Markets Inc. Class A 0.46% 21,848 $3.2M Add +16.3%
CYBR Cyberark Software Ltd./Israel 0.44% 7,426 $3.0M Reduce -13.2%
TYL Tyler Technologies Inc. 0.36% 4,221 $2.5M Add +1.1%
BOC Boston Omaha Corp. Class A 0.29% 140,932 $2.0M No change
PCOR Procore Technologies Inc. 0.23% 23,168 $1.6M Add +1.1%
HURC Hurco Companies Inc. 0.12% 44,968 $850K Add +57.3%
UNH Unitedhealth Group Inc. 0.11% 2,395 $747K Add +117.7%
AXON Axon Enterprise Inc. 0.10% 823 $681K Add +37.4%
AVGO Broadcom Inc. 0.09% 2,287 $630K Add +47.4%
NFLX Netflix Inc. 0.09% 470 $629K Add +38.6%
AMRN Amarin Corp. PLC -ADR 0.09% 38,197 $620K New
NVDA Nvidia Corp. 0.08% 3,527 $557K Add +49.7%
TSM Taiwan Semiconductor-SP ADR 0.08% 2,386 $540K Add +53.1%
INTU Intuit Inc. 0.08% 685 $540K Add +47.6%
LRCX Lam Research Corp. 0.08% 5,514 $537K Add +54.2%
MELI MercadoLibre Inc. 0.08% 202 $528K Add +46.4%
MSFT Microsoft Corp. 0.07% 1,038 $516K Add +48.1%
KLAC KLA Corp. 0.07% 576 $516K Add +50.4%
ETN Eaton Corp. PLC 0.07% 1,425 $509K Add +50.5%
TT Trane Technologies PLC 0.07% 1,161 $508K Add +48.9%
META Meta Platforms Inc. Class A 0.07% 686 $506K Add +49.1%
CDNS Cadence Design SYS Inc. 0.07% 1,623 $500K Add +46.2%
ANET Arista Networks Inc. 0.07% 4,884 $500K New
PANW Palo Alto Networks Inc. 0.07% 2,330 $477K Add +48.2%
MPWR Monolithic Power Systems Inc. 0.07% 647 $473K Add +61.4%
AMZN Amazon.com Inc. 0.07% 2,156 $473K Add +47.7%
SNPS Synopsys Inc. 0.07% 916 $470K Add +53.4%
MCO Moody's Corp. 0.07% 904 $453K Add +50.2%
CTAS Cintas Corp. 0.06% 2,022 $451K Add +45.0%
GOOGL Alphabet Inc. Class A 0.06% 2,541 $448K Add +48.8%
MA Mastercard Inc. Class A 0.06% 794 $446K Add +47.3%
AZO AutoZone Inc. 0.06% 119 $442K Add +41.7%
BX Blackstone Inc. 0.06% 2,940 $440K Add +51.7%
ISRG Intuitive Surgical Inc. 0.06% 802 $436K Add +46.9%
SPGI S&P Global Inc. 0.06% 826 $436K Add +50.5%
ORLY O'reilly Automotive Inc. 0.06% 4,740 $427K Add +40.4%
WM Waste Management Inc. 0.06% 1,865 $427K Add +43.7%
LIN Linde PLC 0.06% 905 $425K Add +48.1%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.06% 3,411 $421K Add +41.5%
MSCI MSCI Inc. 0.06% 729 $420K Add +49.7%
BRO Brown & Brown Inc. 0.06% 3,768 $418K Add +41.3%
COST Costco Wholesale Corp. 0.06% 420 $416K Add +44.3%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.06% 1,291 $413K Add +43.6%
PGR Progressive Corp. 0.06% 1,547 $413K Add +44.3%
BRK.B Berkshire Hathaway Inc. Class B 0.06% 849 $412K Add +42.2%
SHW The Sherwin-Williams Co. 0.06% 1,168 $401K Add +50.7%
HD Home Depot Inc. 0.06% 1,083 $397K Add +50.8%
FICO Fair Isaac Corp. 0.06% 217 $397K Add +45.6%
AAPL Apple Inc. 0.06% 1,908 $391K Add +55.5%
VRTX Vertex Pharmaceuticals Inc. 0.06% 869 $387K Add +45.6%
LLY Eli Lilly & Co. 0.05% 486 $379K Add +57.3%
DHI D.R. Horton Inc. 0.05% 2,905 $375K Add +50.0%
CPRT Copart Inc. 0.05% 7,449 $366K Add +42.8%
IT Gartner Inc. 0.05% 895 $362K Add +57.0%
TMO Thermo Fisher Scientific Inc. 0.05% 815 $330K Add +58.9%
TLF Tandy Leather Factory Inc. 0.02% 41,143 $127K New

Portfolio Sells Q1 2025 → Q2 2025
PTC PTC Inc. Sold out 0.00% −0.56
MORN Morningstar Inc. Sold out 0.00% −0.41
ANET Arista Networks Inc. Sold out 0.00% −0.04
CYBR Cyberark Software Ltd./Israel Reduce -13.2% 0.44% +0.01
NOW ServiceNow Inc. Reduce -8.6% 0.82% +0.11
FROG Jfrog Ltd. Reduce -5.3% 0.70% +0.15

Portfolio Buys Q1 2025 → Q2 2025
SPY SS SPDR S&P 500 ETF Trust-US Add +52.7% 3.52% +1.39
IWL iShares Russell Top 200 ETF Add +48.1% 2.97% +1.13
TDG Transdigm Group Inc. Add +1515.8% 0.74% +0.70
JBL Jabil Inc. Add +1.1% 1.07% +0.40
AMRN Amarin Corp. PLC -ADR New 0.09% +0.09
ANET Arista Networks Inc. New 0.07% +0.07
ALKT Alkami Technology Inc. Add +1.7% 0.50% +0.06
HURC Hurco Companies Inc. Add +57.3% 0.12% +0.06
AVGO Broadcom Inc. Add +47.4% 0.09% +0.05
AXON Axon Enterprise Inc. Add +37.4% 0.10% +0.05
TW Tradeweb Markets Inc. Class A Add +16.3% 0.46% +0.05
NFLX Netflix Inc. Add +38.6% 0.09% +0.04
NVDA Nvidia Corp. Add +49.7% 0.08% +0.04
TSM Taiwan Semiconductor-SP ADR Add +53.1% 0.08% +0.04
LRCX Lam Research Corp. Add +54.2% 0.08% +0.04
MELI MercadoLibre Inc. Add +46.4% 0.08% +0.04
KLAC KLA Corp. Add +50.4% 0.07% +0.04
INTU Intuit Inc. Add +47.6% 0.08% +0.04
MSFT Microsoft Corp. Add +48.1% 0.07% +0.04
ETN Eaton Corp. PLC Add +50.5% 0.07% +0.04
TT Trane Technologies PLC Add +48.9% 0.07% +0.03
META Meta Platforms Inc. Class A Add +49.1% 0.07% +0.03
MPWR Monolithic Power Systems Inc. Add +61.4% 0.07% +0.03
CDNS Cadence Design SYS Inc. Add +46.2% 0.07% +0.03
SNPS Synopsys Inc. Add +53.4% 0.07% +0.03
PANW Palo Alto Networks Inc. Add +48.2% 0.07% +0.03
AMZN Amazon.com Inc. Add +47.7% 0.07% +0.03
GOOGL Alphabet Inc. Class A Add +48.8% 0.06% +0.03
MCO Moody's Corp. Add +50.2% 0.07% +0.02
BX Blackstone Inc. Add +51.7% 0.06% +0.02
ISRG Intuitive Surgical Inc. Add +46.9% 0.06% +0.02
UNH Unitedhealth Group Inc. Add +117.7% 0.11% +0.02
CTAS Cintas Corp. Add +45.0% 0.06% +0.02
SPGI S&P Global Inc. Add +50.5% 0.06% +0.02
MA Mastercard Inc. Class A Add +47.3% 0.06% +0.02
MSCI MSCI Inc. Add +49.7% 0.06% +0.02
COST Costco Wholesale Corp. Add +44.3% 0.06% +0.02
LIN Linde PLC Add +48.1% 0.06% +0.02
HD Home Depot Inc. Add +50.8% 0.06% +0.02
TLF Tandy Leather Factory Inc. New 0.02% +0.02
SHW The Sherwin-Williams Co. Add +50.7% 0.06% +0.02
DHI D.R. Horton Inc. Add +50.0% 0.05% +0.02
TJX TJX Companies Inc. Add +41.5% 0.06% +0.02
WM Waste Management Inc. Add +43.7% 0.06% +0.02
LLY Eli Lilly & Co. Add +57.3% 0.05% +0.02
IT Gartner Inc. Add +57.0% 0.05% +0.02
FICO Fair Isaac Corp. Add +45.6% 0.06% +0.02
AZO AutoZone Inc. Add +41.7% 0.06% +0.02
AAPL Apple Inc. Add +55.5% 0.06% +0.02
PGR Progressive Corp. Add +44.3% 0.06% +0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 105$1.0BBOKF, EE, SPY, IWL, BIL
Q1 2026 71$882.8MBOKF, EE, BIL, SPY, SGOV
Q4 2025 67$747.2MBOKF, EE, SPY, IWL, ASPN
Q3 2025 68$712.6MBOKF, EE, SPY, IWL, ASPN
Q2 2025 68$693.9MBOKF, EE, SPY, IWL, ASPN
Q1 2025 68$680.5MBOKF, EE, ASPN, SPY, IWL
Q4 2024 17$678.8MBOKF, EE, ASPN, INTA, NOW
Q3 2024 17$654.3MBOKF, EE, ASPN, INTA, NOW
Q2 2024 18$565.9MBOKF, EE, ASPN, NOW, PTC
Q1 2024 18$527.3MBOKF, EE, ASPN, NOW, PTCT