Oak Thistle LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 7, 2025), Oak Thistle LLC reported 447 stock positions worth $656.0 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 1.2% of the portfolio, followed by Newmont (NEM, 1.1%) and Salesforce (CRM, 1.1%). Compared with Q2 2025, it opened 216 new positions, sold out of 213, added to 115 and reduced 116. The biggest buy was a new position in SS SPDR S&P 500 ETF Trust-US (SPY) and the biggest sale Tesla (TSLA, shares −91%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001755987
Portfolio Value
$656.0M (Q3 2025)
SEC Filing
0001755987-25-000008 ↗ filed Oct 7, 2025

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $111.4M Q1 2024 Q2 2024: $134.7M Q2 2024 Q3 2024: $307.6M Q3 2024 Q4 2024: $336.8M Q4 2024 Q1 2025: $496.7M Q1 2025 Q2 2025: $679.0M Q2 2025 Q3 2025: $656.0M $656.0M Q3 2025 Q4 2025: $719.9M Q4 2025 Q1 2026: $1.0B Q1 2026 Q2 2026: $1.0B Q2 2026

Holdings 447 stocks · $656.0M
SPY SS SPDR S&P 500 ETF Trust-US 1.17% 11,503 $7.7M New
NEM Newmont Corp. 1.06% 82,728 $7.0M Add +156.7%
CRM Salesforce Inc. 1.06% 29,334 $7.0M Add +109.0%
MU Micron Technology Inc. 0.98% 38,292 $6.4M Add +0.1%
WDC Western Digital Corp. 0.93% 50,736 $6.1M Add +58.1%
LITE Lumentum Holdings Inc. 0.93% 37,399 $6.1M Add +337.9%
CI The Cigna Group 0.76% 17,201 $5.0M New
BSX Boston Scientific Corp. 0.72% 48,501 $4.7M New
KDP Keurig Dr Pepper Inc. 0.67% 173,394 $4.4M Add +192.9%
HBAN Huntington Bancshares Inc. 0.66% 248,946 $4.3M Add +72.6%
COF Capital One Financial Corp. 0.65% 20,120 $4.3M New
AON Aon PLC Class A 0.65% 11,968 $4.3M New
GOOGL Alphabet Inc. Class A 0.63% 17,023 $4.1M New
DECK Deckers Outdoor Corp. 0.63% 40,682 $4.1M Add +1102.5%
QRVO Qorvo Inc. 0.62% 44,991 $4.1M Add +482.2%
OSK Oshkosh Corp. 0.61% 30,961 $4.0M Add +264.8%
MO Altria Group Inc. 0.60% 59,782 $3.9M Reduce -16.2%
PCG P G & E Corp. 0.58% 254,259 $3.8M Add +91.2%
DINO HF Sinclair Corp. 0.58% 72,839 $3.8M New
NKE Nike Inc. Class B 0.56% 53,026 $3.7M Add +8.5%
OVV Ovintiv Inc. 0.54% 87,527 $3.5M New
GWRE Guidewire Software Inc. 0.54% 15,374 $3.5M Reduce -34.6%
DOCU Docusign Inc. 0.52% 47,063 $3.4M New
MMM 3M Co. 0.51% 21,546 $3.3M New
M Macy's Inc. 0.51% 185,874 $3.3M New
CELH Celsius Holdings Inc. 0.51% 57,859 $3.3M Add +73.1%
NFLX Netflix Inc. 0.50% 2,742 $3.3M New
THO Thor Industries Inc. 0.50% 31,410 $3.3M Add +870.9%
DE Deere & Co. 0.48% 6,925 $3.2M Add +118.4%
AMD Advanced Micro Devices 0.48% 19,460 $3.1M Reduce -58.2%
META Meta Platforms Inc. Class A 0.48% 4,267 $3.1M New
FYBR Frontier Communications Pare 0.48% 83,855 $3.1M Add +5.5%
LPLA LPL Financial Holdings Inc. 0.47% 9,306 $3.1M New
DKNG Draftkings Inc. Class A 0.47% 81,916 $3.1M Add +75.8%
NDAQ Nasdaq Inc. 0.47% 34,558 $3.1M New
AAPL Apple Inc. 0.46% 11,753 $3.0M Reduce -13.4%
CPNG Coupang Inc. 0.45% 92,636 $3.0M New
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.45% 3,082 $2.9M Add +40.8%
CBRE CBRE Group Inc. Class A 0.45% 18,624 $2.9M New
FLUT Flutter Entertainment PLC-Di 0.45% 11,548 $2.9M New
BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC 0.45% 31,452 $2.9M New
HON Honeywell International Inc. 0.45% 13,915 $2.9M New
CVX Chevron Corp. 0.44% 18,741 $2.9M New
BA The Boeing Co. 0.44% 13,458 $2.9M Reduce -37.8%
XYZ Block Inc. 0.44% 40,008 $2.9M New
ALLY Ally Financial Inc. 0.44% 73,320 $2.9M Add +273.9%
UGI Ugi Corp. 0.44% 86,407 $2.9M Add +197.8%
KHC The Kraft Heinz Co. 0.44% 110,112 $2.9M New
GE General Electric filed as GE AEROSPACE 0.43% 9,423 $2.8M Add +5.9%
HSY The Hershey Co. 0.43% 15,048 $2.8M Add +436.5%
BILL Bill Holdings Inc. 0.42% 51,662 $2.7M New
FTAI Ftai Aviation Ltd. 0.42% 16,375 $2.7M New
EME Emcor Group Inc. 0.41% 4,158 $2.7M New
CHE Chemed Corp. 0.41% 5,947 $2.7M Add +105.6%
APH Amphenol Corp. Class A 0.40% 21,117 $2.6M Add +164.1%
USB US Bancorp 0.39% 53,155 $2.6M Reduce -35.0%
ZBRA Zebra Technologies Corp. Class A 0.39% 8,642 $2.6M Add +299.7%
FISV Fiserv Inc. 0.39% 19,602 $2.5M New
SJM The JM Smucker Co. filed as SMUCKER J M CO 0.38% 23,227 $2.5M New
DOV Dover Corp. 0.38% 15,037 $2.5M Add +100.7%
ZM Zoom Communications Inc. 0.38% 30,394 $2.5M Add +7.3%
BRO Brown & Brown Inc. 0.38% 26,633 $2.5M Add +330.4%
RBRK Rubrik Inc. Class A 0.38% 30,179 $2.5M New
TWLO Twilio Inc. Class A 0.38% 24,631 $2.5M Add +162.1%
JLL Jones Lang Lasalle Inc. 0.38% 8,247 $2.5M New
BKNG Booking Holdings Inc. 0.37% 455 $2.5M Add +201.3%
PODD Insulet Corp. 0.37% 7,887 $2.4M New
ALGN Align Technology Inc. 0.37% 19,230 $2.4M New
T AT&T Inc. 0.37% 85,188 $2.4M New
APA Apa Corp. 0.37% 98,901 $2.4M Add +106.8%
DAR Darling Ingredients Inc. 0.37% 77,635 $2.4M New
AVGO Broadcom Inc. 0.36% 7,249 $2.4M New
DHI D.R. Horton Inc. 0.36% 14,082 $2.4M Add +88.1%
HUBS HubSpot Inc. 0.36% 5,038 $2.4M Add +26.2%
EXE Expand Energy Corp. 0.36% 22,045 $2.3M Reduce -12.3%
BHF Brighthouse Financial Inc. 0.35% 43,550 $2.3M New
WAT Waters Corp. 0.35% 7,702 $2.3M Add +75.8%
ETSY Etsy Inc. 0.35% 34,705 $2.3M Add +284.7%
MPT Medical Properties Trust Inc. 0.35% 452,458 $2.3M Add +28.1%
NLY Annaly Capital Management Inc. 0.35% 112,315 $2.3M New
UDR Udr Inc. 0.34% 60,732 $2.3M New
SSD Simpson Manufacturing Co. Inc. 0.34% 13,423 $2.2M New
MCK McKesson Corp. 0.34% 2,890 $2.2M New
PYPL PayPal Holdings Inc. 0.34% 33,242 $2.2M Reduce -0.6%
INTC Intel Corp. 0.34% 66,255 $2.2M New
UPS United Parcel Service Class B 0.34% 26,441 $2.2M New
DPZ Domino's Pizza Inc. 0.34% 5,103 $2.2M Reduce -17.2%
DG Dollar General Corp. 0.33% 21,176 $2.2M New
HLT Hilton Worldwide Holdings Inc. 0.33% 8,409 $2.2M Add +110.8%
AXS Axis Capital Holdings Ltd. 0.33% 22,747 $2.2M Add +41.2%
WU Western Union Co. 0.33% 271,829 $2.2M Add +59.6%
VRSN Verisign Inc. 0.33% 7,753 $2.2M Add +64.4%
BR Broadridge Financial Solutio 0.33% 9,083 $2.2M Reduce -44.9%
EXPE Expedia Group Inc. 0.33% 10,102 $2.2M Add +162.5%
TEAM Atlassian Corp. Class A 0.33% 13,457 $2.1M Add +118.7%
USFD US Foods Holding Corp. 0.32% 27,720 $2.1M Reduce -2.5%
LNG Cheniere Energy Inc. 0.32% 8,978 $2.1M Reduce -59.6%
LPX Louisiana-Pacific Corp. 0.32% 23,743 $2.1M Add +61.6%
AMT American Tower Corp. 0.32% 10,927 $2.1M New
PCTY Paylocity Holding Corp. 0.32% 13,171 $2.1M Add +46.0%

Show all 447 holdings

Portfolio Sells Q2 2025 → Q3 2025
TSLA Tesla Inc. Reduce -90.5% 0.31% −1.95
PLTR Palantir Technologies Inc. Class A Reduce -87.4% 0.21% −1.01
NVDA Nvidia Corp. Sold out 0.00% −0.80
ADP Automatic Data Processing Sold out 0.00% −0.77
CSCO Cisco Systems Inc. Sold out 0.00% −0.77
CTAS Cintas Corp. Sold out 0.00% −0.73
SKX Skechers USA Inc. Class A Sold out 0.00% −0.72
FTV Fortive Corp. Sold out 0.00% −0.70
BNY Bank of New York Mellon Corp. Sold out 0.00% −0.62
CNC Centene Corp. Sold out 0.00% −0.58
HIG Hartford Insurance Group Inc. Reduce -89.9% 0.07% −0.57
JCI Johnson Controls Internation Reduce -92.3% 0.05% −0.55
COIN Coinbase Global Inc. Class A Reduce -73.7% 0.19% −0.52
CTSH Cognizant Tech Solutions-A Sold out 0.00% −0.52
FICO Fair Isaac Corp. Reduce -86.5% 0.07% −0.52
ROST Ross Stores Inc. Sold out 0.00% −0.51
AMD Advanced Micro Devices Reduce -58.2% 0.48% −0.49
ETR Entergy Corp. Reduce -89.6% 0.07% −0.49
HCA HCA Healthcare Inc. Sold out 0.00% −0.48
CAG Conagra Brands Inc. Reduce -84.5% 0.08% −0.48
DBX Dropbox Inc. Class A Reduce -76.7% 0.16% −0.48
LNG Cheniere Energy Inc. Reduce -59.6% 0.32% −0.48
BRBR Bellring Brands Inc. Sold out 0.00% −0.47
SBUX Starbucks Corp. Sold out 0.00% −0.47
ZS Zscaler Inc. Sold out 0.00% −0.47
STE Steris PLC Reduce -80.3% 0.12% −0.46
NEE Nextera Energy Inc. Sold out 0.00% −0.46
MTD Mettler-Toledo International Sold out 0.00% −0.45
EFX Equifax Inc. Sold out 0.00% −0.45
XYL Xylem Inc. Sold out 0.00% −0.45
VEEV Veeva Systems Inc. Class A Sold out 0.00% −0.45
TFX Teleflex Inc. Reduce -75.8% 0.15% −0.44
TRU Transunion Sold out 0.00% −0.43
AME Ametek Inc. Sold out 0.00% −0.43
COST Costco Wholesale Corp. Sold out 0.00% −0.42
MRSH Marsh & McLennan Cos Reduce -89.5% 0.05% −0.41
BAX Baxter International Inc. Sold out 0.00% −0.41
RSG Republic Services Inc. Sold out 0.00% −0.41
HXL Hexcel Corp. Reduce -87.3% 0.07% −0.40
OXY Occidental Petroleum Corp. Sold out 0.00% −0.39
PM Philip Morris International Reduce -83.1% 0.07% −0.39
K Kellanova Sold out 0.00% −0.39
LUV Southwest Airlines Co. Sold out 0.00% −0.39
KBR KBR Inc. Sold out 0.00% −0.38
MSI Motorola Solutions Inc. Sold out 0.00% −0.38
CLX Clorox Company Sold out 0.00% −0.38
INGR Ingredion Inc. Sold out 0.00% −0.38
MSCI MSCI Inc. Sold out 0.00% −0.37
MTZ Mastec Inc. Reduce -91.9% 0.04% −0.37
DNB Dun & Bradstreet Holdings Inc. Sold out 0.00% −0.37

Portfolio Buys Q2 2025 → Q3 2025
SPY SS SPDR S&P 500 ETF Trust-US New 1.17% +1.17
LITE Lumentum Holdings Inc. Add +337.9% 0.93% +0.81
NEM Newmont Corp. Add +156.7% 1.06% +0.79
CI The Cigna Group New 0.76% +0.76
BSX Boston Scientific Corp. New 0.72% +0.72
COF Capital One Financial Corp. New 0.65% +0.65
AON Aon PLC Class A New 0.65% +0.65
GOOGL Alphabet Inc. Class A New 0.63% +0.63
WDC Western Digital Corp. Add +58.1% 0.93% +0.63
DINO HF Sinclair Corp. New 0.58% +0.58
DECK Deckers Outdoor Corp. Add +1102.5% 0.63% +0.58
OVV Ovintiv Inc. New 0.54% +0.54
QRVO Qorvo Inc. Add +482.2% 0.62% +0.53
DOCU Docusign Inc. New 0.52% +0.52
MMM 3M Co. New 0.51% +0.51
M Macy's Inc. New 0.51% +0.51
NFLX Netflix Inc. New 0.50% +0.50
CRM Salesforce Inc. Add +109.0% 1.06% +0.50
META Meta Platforms Inc. Class A New 0.48% +0.48
LPLA LPL Financial Holdings Inc. New 0.47% +0.47
OSK Oshkosh Corp. Add +264.8% 0.61% +0.47
NDAQ Nasdaq Inc. New 0.47% +0.47
CPNG Coupang Inc. New 0.45% +0.45
THO Thor Industries Inc. Add +870.9% 0.50% +0.45
CBRE CBRE Group Inc. Class A New 0.45% +0.45
BJ Bj's Wholesale Club Holdings New 0.45% +0.45
FLUT Flutter Entertainment PLC-Di New 0.45% +0.45
HON Honeywell International Inc. New 0.45% +0.45
CVX Chevron Corp. New 0.44% +0.44
XYZ Block Inc. New 0.44% +0.44
KHC The Kraft Heinz Co. New 0.44% +0.44
BILL Bill Holdings Inc. New 0.42% +0.42
FTAI Ftai Aviation Ltd. New 0.42% +0.42
EME Emcor Group Inc. New 0.41% +0.41
KDP Keurig Dr Pepper Inc. Add +192.9% 0.67% +0.39
FISV Fiserv Inc. New 0.39% +0.39
SJM The JM Smucker Co. New 0.38% +0.38
RBRK Rubrik Inc. Class A New 0.38% +0.38
JLL Jones Lang Lasalle Inc. New 0.38% +0.38
PODD Insulet Corp. New 0.37% +0.37
ALGN Align Technology Inc. New 0.37% +0.37
T AT&T Inc. New 0.37% +0.37
DAR Darling Ingredients Inc. New 0.37% +0.37
AVGO Broadcom Inc. New 0.36% +0.36
HSY The Hershey Co. Add +436.5% 0.43% +0.36
BHF Brighthouse Financial Inc. New 0.35% +0.35
NLY Annaly Capital Management Inc. New 0.35% +0.35
UDR Udr Inc. New 0.34% +0.34
SSD Simpson Manufacturing Co. Inc. New 0.34% +0.34
MCK McKesson Corp. New 0.34% +0.34

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 466$1.0BSNOW, BA, COF, ORCL, ELV
Q1 2026 452$1.0BMU, CVX, AMAT, GLW, SNDK
Q4 2025 481$719.9MPLTR, NVDA, WEC, AEE, BDX
Q3 2025 447$656.0MSPY, NEM, CRM, MU, WDC
Q2 2025 444$679.0MTSLA, PLTR, AMD, GWRE, NVDA
Q1 2025 398$496.7MLMT, GOOGL, MET, CRH, EPAM
Q4 2024 392$336.8MEPAM, MSFT, OKTA, WYNN, TSLA
Q3 2024 384$307.6MCRUS, TSN, EQH, DXCM, MCK
Q2 2024 286$134.7MHCA, ADP, SMAR, DT, MSCI
Q1 2024 281$111.4MAGO, OVV, WTW, FTV, BRK.B