George Kaiser Family Foundation

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 10, 2026), George Kaiser Family Foundation reported 67 stock positions worth $747.2 million. Its top holding was Bok Financial (BOKF) at 53.3% of the portfolio, followed by Excelerate Energy Class A (EE, 29.5%) and SS SPDR S&P 500 ETF Trust-US (SPY, 3.6%). Compared with Q3 2025, it sold out of 1 and added to 9. The biggest buy was Jfrog (FROG, shares +1%) and the biggest sale an exit from Alti Global (ALTI).

Most Recent 13F
Q2 2026
Location
TULSA, OK
CIK
0001265376
Portfolio Value
$747.2M (Q4 2025)
SEC Filing
0001140361-26-004584 ↗ filed Feb 10, 2026

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 Q2 2025 Q3 2025: $712.6M Q3 2025 Q4 2025: $747.2M $747.2M Q4 2025 Q1 2026: $882.8M Q1 2026 Q2 2026: $1.0B Q2 2026

Holdings 67 stocks · $747.2M
BOKF Bok Financial Corporation 53.30% 3,361,707 $398.2M No change
EE Excelerate Energy Inc. Class A 29.48% 7,854,167 $220.3M No change
SPY SS SPDR S&P 500 ETF Trust-US 3.61% 39,583 $27.0M No change
IWL iShares Russell Top 200 ETF 3.07% 134,450 $22.9M No change
ASPN Aspen Aerogels Inc. 1.20% 3,167,322 $9.0M No change
JBL Jabil Inc. 1.05% 34,461 $7.9M Add +1.4%
FROG Jfrog Ltd. 0.93% 110,700 $6.9M Add +0.5%
INTA Intapp Inc. 0.82% 133,817 $6.1M No change
TDG Transdigm Group Inc. 0.60% 3,391 $4.5M Add +0.4%
NOW ServiceNow Inc. 0.57% 27,860 $4.3M Add +0.4%
PCOR Procore Technologies Inc. 0.51% 52,306 $3.8M Add +0.5%
ALKT Alkami Technology Inc. 0.48% 154,678 $3.6M No change
TW Tradeweb Markets Inc. Class A 0.32% 21,983 $2.4M Add +0.6%
TYL Tyler Technologies Inc. 0.26% 4,294 $1.9M Add +1.7%
BOC Boston Omaha Corp. Class A 0.23% 140,932 $1.7M No change
DSGX The Descartes Systems Grp 0.23% 19,459 $1.7M No change
HURC Hurco Companies Inc. 0.15% 70,968 $1.1M Add +57.8%
LRCX Lam Research Corp. 0.13% 5,514 $944K No change
GOOGL Alphabet Inc. Class A 0.11% 2,541 $795K No change
AVGO Broadcom Inc. 0.11% 2,287 $792K No change
UNH Unitedhealth Group Inc. 0.11% 2,395 $791K No change
TSM Taiwan Semiconductor-SP ADR 0.10% 2,386 $725K No change
KLAC KLA Corp. 0.09% 576 $700K No change
WK Workiva Inc. 0.09% 7,917 $683K Add +39.2%
NVDA Nvidia Corp. 0.09% 3,527 $658K No change
ANET Arista Networks Inc. 0.09% 4,884 $640K No change
MPWR Monolithic Power Systems Inc. 0.08% 647 $586K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.07% 3,411 $524K No change
LLY Eli Lilly & Co. 0.07% 486 $522K No change
AAPL Apple Inc. 0.07% 1,908 $519K No change
CDNS Cadence Design SYS Inc. 0.07% 1,623 $507K No change
MSFT Microsoft Corp. 0.07% 1,038 $502K No change
AMZN Amazon.com Inc. 0.07% 2,156 $498K No change
TMO Thermo Fisher Scientific Inc. 0.06% 815 $472K No change
AXON Axon Enterprise Inc. 0.06% 823 $467K No change
MCO Moody's Corp. 0.06% 904 $462K No change
ISRG Intuitive Surgical Inc. 0.06% 802 $454K No change
ETN Eaton Corp. PLC 0.06% 1,425 $454K No change
INTU Intuit Inc. 0.06% 685 $454K No change
MA Mastercard Inc. Class A 0.06% 794 $453K No change
BX Blackstone Inc. 0.06% 2,940 $453K No change
META Meta Platforms Inc. Class A 0.06% 686 $453K No change
TT Trane Technologies PLC 0.06% 1,161 $452K No change
NFLX Netflix Inc. 0.06% 4,700 $441K No change
ORLY O'reilly Automotive Inc. 0.06% 4,740 $432K No change
SPGI S&P Global Inc. 0.06% 826 $432K No change
SNPS Synopsys Inc. 0.06% 916 $430K No change
PANW Palo Alto Networks Inc. 0.06% 2,330 $429K No change
BRK.B Berkshire Hathaway Inc. Class B 0.06% 849 $427K No change
DHI D.R. Horton Inc. 0.06% 2,905 $418K No change
MSCI MSCI Inc. 0.06% 729 $418K No change
WM Waste Management Inc. 0.05% 1,865 $410K No change
MELI MercadoLibre Inc. 0.05% 202 $407K No change
AZO AutoZone Inc. 0.05% 119 $404K No change
VRTX Vertex Pharmaceuticals Inc. 0.05% 869 $394K No change
LIN Linde PLC 0.05% 905 $386K No change
CTAS Cintas Corp. 0.05% 2,022 $380K No change
SHW The Sherwin-Williams Co. 0.05% 1,168 $378K No change
HD Home Depot Inc. 0.05% 1,083 $373K No change
FICO Fair Isaac Corp. 0.05% 217 $367K No change
COST Costco Wholesale Corp. 0.05% 420 $362K No change
PGR Progressive Corp. 0.05% 1,547 $352K No change
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.04% 1,291 $334K No change
BRO Brown & Brown Inc. 0.04% 3,768 $300K No change
CPRT Copart Inc. 0.04% 7,449 $292K No change
IT Gartner Inc. 0.03% 895 $226K No change
TLF Tandy Leather Factory Inc. 0.02% 41,143 $113K No change

Portfolio Sells Q3 2025 → Q4 2025
ALTI Alti Global Inc. Sold out 0.00% −0.15

Portfolio Buys Q3 2025 → Q4 2025
FROG Jfrog Ltd. Add +0.5% 0.93% +0.19
HURC Hurco Companies Inc. Add +57.8% 0.15% +0.04
WK Workiva Inc. Add +39.2% 0.09% +0.02
JBL Jabil Inc. Add +1.4% 1.05% +0.02
TDG Transdigm Group Inc. Add +0.4% 0.60% −0.02
PCOR Procore Technologies Inc. Add +0.5% 0.51% −0.02
TW Tradeweb Markets Inc. Class A Add +0.6% 0.32% −0.02
TYL Tyler Technologies Inc. Add +1.7% 0.26% −0.05
NOW ServiceNow Inc. Add +0.4% 0.57% −0.14

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