Oarsman Capital, Inc.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Oarsman Capital, Inc. reported 234 stock positions worth $418.6 million. Its top holding was SS SPDR P S&P 500 Growth ETF (SPYG) at 6.1% of the portfolio, followed by Vanguard Mrngstr Val ETF-Aui (VTV, 4.7%) and iShares Intermediate Governm (GVI, 4.5%). Compared with Q4 2023, it opened 21 new positions, sold out of 20, added to 80 and reduced 114. The biggest buy was iShares Intermediate Governm (GVI, shares +104%) and the biggest sale Accenture Class A (ACN, shares −90%).
- Most Recent 13F
- Q2 2026
- Location
- MILWAUKEE, WI
- CIK
- 0001569667
- Portfolio Value
- $418.6M (Q1 2024)
- SEC Filing
- 0001569667-24-000002 ↗ filed May 15, 2024
Holdings Value
Holdings 234 stocks · $418.6M
| SPYG SS SPDR P S&P 500 Growth ETF | 6.07% | 347,397 | $25.4M | Add +26.5% |
| VTV Vanguard Mrngstr Val ETF-Aui | 4.72% | 121,364 | $19.8M | Add +20.0% |
| GVI iShares Intermediate Governm | 4.50% | 181,182 | $18.8M | Add +104.0% |
| JPST JPMorgan Ultra-Short Income | 4.35% | 360,567 | $18.2M | Add +22.4% |
| SCHF Schwab Intl Equity ETF | 4.22% | 452,459 | $17.7M | Add +13.1% |
| IVV iShares Core S&P 500 ETF | 3.75% | 29,832 | $15.7M | Add +21.7% |
| GOOG Alphabet Inc. Class C | 2.98% | 81,978 | $12.5M | Add +2.8% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 2.74% | 251,493 | $11.5M | Add +12.8% |
| MSFT Microsoft Corp. | 2.60% | 25,826 | $10.9M | Reduce -18.5% |
| SPSM SS SPDR P S&P 600 Small Cap | 2.32% | 225,844 | $9.7M | Add +19.7% |
| VTI VG Morningstar TS MKT ETF-US | 1.92% | 30,954 | $8.0M | Reduce -15.0% |
| FISV Fiserv Inc. | 1.88% | 49,141 | $7.9M | Reduce -2.6% |
| IWF iShares Russell 1000 Growth | 1.76% | 21,910 | $7.4M | Add +22.7% |
| EMXC iShares MSCI Emr MRK Ex Chna | 1.65% | 120,213 | $6.9M | Add +16.2% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 1.56% | 105,815 | $6.5M | Add +28.6% |
| AAPL Apple Inc. | 1.54% | 37,511 | $6.4M | Reduce -13.4% |
| NVDA Nvidia Corp. | 1.49% | 6,921 | $6.3M | Reduce -11.0% |
| JCPB JPMorgan Core Plus Bond ETF | 1.29% | 115,871 | $5.4M | Reduce -17.0% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 1.15% | 90,110 | $4.8M | Add +63.8% |
| AGG iShares Core U.S. Aggregate | 1.03% | 44,091 | $4.3M | Reduce -9.8% |
| VOO Vanguard S&P 500 ETF | 1.00% | 8,697 | $4.2M | Reduce -18.8% |
| PDBC Invesco Optimum Yield Divers | 0.93% | 280,903 | $3.9M | Add +16.1% |
| CALF PCR US SM CP CSH CWS ETF-Usd | 0.93% | 78,998 | $3.9M | Add +213.7% |
| RSPG Invesco S&P 500 Equal Weight | 0.92% | 46,368 | $3.9M | Reduce -18.2% |
| MBB iShares MBS ETF | 0.91% | 41,112 | $3.8M | Add +23.0% |
| AVGO Broadcom Inc. | 0.90% | 2,852 | $3.8M | Reduce -10.5% |
| RSP Invesco S&P 500 Equal Weight | 0.89% | 21,992 | $3.7M | Add +688.0% |
| OI O-I Glass Inc. | 0.78% | 196,273 | $3.3M | Reduce -11.2% |
| IWD iShares Russell 1000 Value E | 0.77% | 18,015 | $3.2M | Add +13.9% |
| ABBV Abbvie Inc. | 0.76% | 17,550 | $3.2M | Reduce -24.6% |
| IEI iShares 3-7 Year Treasury Bo | 0.75% | 27,068 | $3.1M | Add +9.2% |
| GOOGL Alphabet Inc. Class A | 0.74% | 20,585 | $3.1M | Add +13.1% |
| AMZN Amazon.com Inc. | 0.74% | 17,179 | $3.1M | Reduce -3.0% |
| IJS iShares S&P Small-Cap 600 Va | 0.72% | 29,256 | $3.0M | Add +0.5% |
| IJT iShares S&P Small-Cap 600 GR | 0.63% | 20,239 | $2.6M | Reduce -0.3% |
| JNJ Johnson & Johnson | 0.62% | 16,330 | $2.6M | Reduce -11.0% |
| CAT Caterpillar Inc. | 0.57% | 6,525 | $2.4M | Reduce -16.0% |
| QCOM Qualcomm Inc. | 0.53% | 13,145 | $2.2M | Reduce -10.7% |
| MTG Mgic Investment Corp. | 0.52% | 96,450 | $2.2M | Reduce -24.0% |
| WMT Walmart Inc. | 0.51% | 35,343 | $2.1M | Reduce -3.9% |
| WFC Wells Fargo & Co. | 0.50% | 35,771 | $2.1M | Reduce -8.9% |
| VRTX Vertex Pharmaceuticals Inc. | 0.49% | 4,930 | $2.1M | Reduce -11.0% |
| FCX Freeport-McMoran Inc. | 0.48% | 43,033 | $2.0M | Reduce -5.7% |
| ADBE Adobe Inc. | 0.47% | 3,898 | $2.0M | Reduce -7.9% |
| CSCO Cisco Systems Inc. | 0.47% | 39,349 | $2.0M | Reduce -13.8% |
| PEP Pepsico Inc. | 0.46% | 11,087 | $1.9M | Reduce -18.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.46% | 4,614 | $1.9M | Reduce -22.8% |
| IAUM iShares Gold Trust Micro | 0.46% | 87,280 | $1.9M | Add +21.7% |
| VEA Vanguard Ftse Developed ETF | 0.45% | 37,907 | $1.9M | Reduce -11.7% |
| UNH Unitedhealth Group Inc. | 0.44% | 3,727 | $1.8M | Reduce -11.7% |
| KR Kroger Co. | 0.43% | 31,784 | $1.8M | Reduce -10.4% |
| GS Goldman Sachs Group Inc. | 0.43% | 4,332 | $1.8M | Reduce -6.1% |
| ULTA Ulta Beauty Inc. | 0.43% | 3,445 | $1.8M | Reduce -7.9% |
| GLD SPDR Gold Shares | 0.42% | 8,447 | $1.7M | Reduce -5.0% |
| APH Amphenol Corp. Class A | 0.41% | 14,703 | $1.7M | Add +17.5% |
| HBAN Huntington Bancshares Inc. | 0.40% | 121,152 | $1.7M | Reduce -2.8% |
| OBDC Blue Owl Capital Corp. | 0.40% | 108,025 | $1.7M | Add +5.3% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.39% | 1,621 | $1.6M | Add +13.4% |
| JPM JPMorgan Chase & Co. | 0.39% | 8,232 | $1.6M | Reduce -25.2% |
| LLY Eli Lilly & Co. | 0.38% | 2,062 | $1.6M | Reduce -20.3% |
| TYL Tyler Technologies Inc. | 0.38% | 3,756 | $1.6M | Add +11.1% |
| IXUS iShares Core Intl Stock ETF | 0.38% | 23,425 | $1.6M | Reduce -8.5% |
| BMY Bristol-Myers Squibb Co. | 0.38% | 29,033 | $1.6M | Add +3.6% |
| T AT&T Inc. | 0.37% | 88,764 | $1.6M | Add +1.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.37% | 41,020 | $1.6M | Reduce -4.5% |
| IJH iShares Core S&P Midcap ETF | 0.35% | 24,035 | $1.5M | Add +10.0% |
| TGT Target Corp. | 0.35% | 8,178 | $1.4M | Reduce -4.4% |
| MDT Medtronic PLC | 0.34% | 16,462 | $1.4M | Reduce -1.4% |
| JCI Johnson Controls Internation | 0.34% | 21,488 | $1.4M | Reduce -8.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.32% | 2,589 | $1.4M | Add +1.9% |
| RPM RPM International Inc. | 0.32% | 11,320 | $1.3M | Reduce -7.7% |
| ISTB iShares Core 1-5 Year Usd Bo | 0.31% | 27,600 | $1.3M | New |
| RRX Regal Rexnord Corp. | 0.31% | 7,236 | $1.3M | Reduce -14.3% |
| SCHZ Schwab US Aggregate Bond ETF | 0.31% | 28,023 | $1.3M | New |
| BRK.A Berkshire Hathaway Inc. Class A | 0.30% | 2 | $1.3M | No change |
| CVS CVS Health Corp. | 0.30% | 15,839 | $1.3M | Reduce -1.2% |
| RJF Raymond James Financial Inc. | 0.30% | 9,786 | $1.3M | Reduce -9.1% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.30% | 12,345 | $1.3M | Add +60.7% |
| ORCL Oracle Corp. | 0.30% | 9,882 | $1.2M | Reduce -11.8% |
| VZ Verizon Communications Inc. | 0.29% | 29,375 | $1.2M | Add +3.5% |
| INTU Intuit Inc. | 0.29% | 1,868 | $1.2M | Add +1.1% |
| ACWX iShares MSCI Acwi Ex US ETF | 0.26% | 20,465 | $1.1M | Reduce -19.8% |
| DWM Wisdomtree International Equ | 0.26% | 19,875 | $1.1M | Add +3.4% |
| C Citigroup Inc. | 0.26% | 17,139 | $1.1M | No change |
| META Meta Platforms Inc. Class A | 0.26% | 2,208 | $1.1M | Reduce -17.7% |
| SCHA Schwab US Small-Cap ETF | 0.25% | 21,342 | $1.1M | Reduce -12.8% |
| GNRC Generac Holdings Inc. | 0.25% | 8,246 | $1.0M | Reduce -2.4% |
| CVX Chevron Corp. | 0.24% | 6,402 | $1.0M | Reduce -2.8% |
| COST Costco Wholesale Corp. | 0.24% | 1,356 | $993K | Add +0.7% |
| ACN Accenture PLC Class A | 0.23% | 2,764 | $958K | Reduce -90.2% |
| OLN Olin Corp. | 0.23% | 16,275 | $957K | Reduce -0.1% |
| AZN Astrazeneca PLC-Spons ADR | 0.23% | 14,044 | $951K | Reduce -9.3% |
| PFE Pfizer Inc. | 0.23% | 34,112 | $947K | Add +151.8% |
| MUB iShares National Muni Bond E | 0.21% | 8,193 | $882K | Add +21.6% |
| MCD McDonald's Corp. | 0.20% | 3,011 | $849K | Reduce -8.0% |
| HELE Helen of Troy Ltd. | 0.20% | 7,231 | $833K | Reduce -16.0% |
| SCHD Schwab US DVD Equity ETF | 0.20% | 10,252 | $827K | Reduce -14.4% |
| AMGN Amgen Inc. | 0.19% | 2,850 | $810K | Reduce -28.9% |
| CSGP Costar Group Inc. | 0.19% | 8,353 | $807K | Add +1.8% |
| SCHX Schwab US Large-Cap ETF | 0.19% | 12,885 | $800K | Reduce -20.2% |
Options reported separately and not counted above: GOOG puts ($2K), XEL puts ($242).
Portfolio Sells Q4 2023 → Q1 2024
| ACN Accenture PLC Class A | Reduce -90.2% | 0.23% | −2.40 |
| AAPL Apple Inc. | Reduce -13.4% | 1.54% | −0.68 |
| MSFT Microsoft Corp. | Reduce -18.5% | 2.60% | −0.57 |
| JCPB JPMorgan Core Plus Bond ETF | Reduce -17.0% | 1.29% | −0.45 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -15.0% | 1.92% | −0.37 |
| TSLA Tesla Inc. | Reduce -77.3% | 0.06% | −0.37 |
| EMB iShares JP Morgan Usd Emergi | Sold out | 0.00% | −0.28 |
| AGG iShares Core U.S. Aggregate | Reduce -9.8% | 1.03% | −0.26 |
| VOO Vanguard S&P 500 ETF | Reduce -18.8% | 1.00% | −0.24 |
| ADBE Adobe Inc. | Reduce -7.9% | 0.47% | −0.20 |
| ABBV Abbvie Inc. | Reduce -24.6% | 0.76% | −0.19 |
| RSPG Invesco S&P 500 Equal Weight | Reduce -18.2% | 0.92% | −0.19 |
| OI O-I Glass Inc. | Reduce -11.2% | 0.78% | −0.18 |
| UNH Unitedhealth Group Inc. | Reduce -11.7% | 0.44% | −0.15 |
| PEP Pepsico Inc. | Reduce -18.1% | 0.46% | −0.15 |
| JNJ Johnson & Johnson | Reduce -11.0% | 0.62% | −0.15 |
| CSCO Cisco Systems Inc. | Reduce -13.8% | 0.47% | −0.14 |
| MTG Mgic Investment Corp. | Reduce -24.0% | 0.52% | −0.13 |
| ABT Abbott Laboratories | Reduce -47.3% | 0.12% | −0.13 |
| KMB Kimberly-Clark Corp. | Reduce -49.4% | 0.12% | −0.13 |
| GE General Electric | Sold out | 0.00% | −0.12 |
| AMGN Amgen Inc. | Reduce -28.9% | 0.19% | −0.11 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -11.0% | 0.49% | −0.11 |
| JPM JPMorgan Chase & Co. | Reduce -25.2% | 0.39% | −0.10 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -22.8% | 0.46% | −0.10 |
| VEA Vanguard Ftse Developed ETF | Reduce -11.7% | 0.45% | −0.09 |
| MINT PIMCO Enhanced Short Maturit | Sold out | 0.00% | −0.09 |
| VXUS Vanguard Total Intl Stock | Sold out | 0.00% | −0.09 |
| XOM Exxon Mobil Corp. | Reduce -45.2% | 0.11% | −0.09 |
| ACWX iShares MSCI Acwi Ex US ETF | Reduce -19.8% | 0.26% | −0.08 |
| BMO Bank of Montreal | Sold out | 0.00% | −0.08 |
| BA The Boeing Co. | Sold out | 0.00% | −0.08 |
| BSV Vanguard Short-Term Bond ETF | Sold out | 0.00% | −0.08 |
| GPC Genuine Parts Co. | Reduce -61.7% | 0.05% | −0.08 |
| HELE Helen of Troy Ltd. | Reduce -16.0% | 0.20% | −0.08 |
| EFV iShares MSCI Eafe Value ETF | Sold out | 0.00% | −0.07 |
| EMR Emerson Electric Co. | Sold out | 0.00% | −0.07 |
| PPG PPG Industries Inc. | Sold out | 0.00% | −0.07 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Sold out | 0.00% | −0.07 |
| USFR Wisdomtree Floating Rate Tre | Sold out | 0.00% | −0.06 |
| SPYD SS SPDR P S&P 500 Hi Div ETF | Reduce -32.5% | 0.11% | −0.06 |
| IXUS iShares Core Intl Stock ETF | Reduce -8.5% | 0.38% | −0.06 |
| VWO Vanguard Ftse Emerging Marke | Reduce -27.9% | 0.12% | −0.06 |
| FTGC First Trust Global Tactical | Reduce -26.9% | 0.14% | −0.06 |
| DLTR Dollar Tree Inc. | Sold out | 0.00% | −0.06 |
| RWO State Street SPDR Dow Jones | Sold out | 0.00% | −0.06 |
| IAU iShares Gold Trust | Sold out | 0.00% | −0.06 |
| SPYV SS SPDR P S&P 500 Value ETF | Reduce -31.8% | 0.11% | −0.06 |
| ULTA Ulta Beauty Inc. | Reduce -7.9% | 0.43% | −0.06 |
| PG The Procter & Gamble Co. | Reduce -22.6% | 0.19% | −0.06 |
Portfolio Buys Q4 2023 → Q1 2024
| GVI iShares Intermediate Governm | Add +104.0% | 4.50% | +2.03 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +26.5% | 6.07% | +1.33 |
| RSP Invesco S&P 500 Equal Weight | Add +688.0% | 0.89% | +0.77 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +20.0% | 4.72% | +0.71 |
| IVV iShares Core S&P 500 ETF | Add +21.7% | 3.75% | +0.64 |
| CALF PCR US SM CP CSH CWS ETF-Usd | Add +213.7% | 0.93% | +0.61 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Add +63.8% | 1.15% | +0.44 |
| JPST JPMorgan Ultra-Short Income | Add +22.4% | 4.35% | +0.42 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +28.6% | 1.56% | +0.33 |
| IWF iShares Russell 1000 Growth | Add +22.7% | 1.76% | +0.33 |
| ISTB iShares Core 1-5 Year Usd Bo | New | 0.31% | +0.31 |
| SCHZ Schwab US Aggregate Bond ETF | New | 0.31% | +0.31 |
| SCHF Schwab Intl Equity ETF | Add +13.1% | 4.22% | +0.29 |
| SPSM SS SPDR P S&P 600 Small Cap | Add +19.7% | 2.32% | +0.21 |
| EMXC iShares MSCI Emr MRK Ex Chna | Add +16.2% | 1.65% | +0.13 |
| PFE Pfizer Inc. | Add +151.8% | 0.23% | +0.12 |
| TJX TJX Companies Inc. | Add +60.7% | 0.30% | +0.11 |
| PH Parker Hannifin Corp. | New | 0.11% | +0.11 |
| PRU Prudential Financial Inc. | New | 0.09% | +0.09 |
| GWW WW Grainger Inc. | Add +13.4% | 0.39% | +0.08 |
| IWD iShares Russell 1000 Value E | Add +13.9% | 0.77% | +0.08 |
| PDBC Invesco Optimum Yield Divers | Add +16.1% | 0.93% | +0.08 |
| APH Amphenol Corp. Class A | Add +17.5% | 0.41% | +0.08 |
| MBB iShares MBS ETF | Add +23.0% | 0.91% | +0.07 |
| IAUM iShares Gold Trust Micro | Add +21.7% | 0.46% | +0.07 |
| GOOGL Alphabet Inc. Class A | Add +13.1% | 0.74% | +0.07 |
| AMAT Applied Materials Inc. | New | 0.07% | +0.07 |
| DE Deere & Co. | New | 0.06% | +0.06 |
| SGOV iShares 0-3 Month Treasury B | New | 0.06% | +0.06 |
| UL Unilever PLC | New | 0.06% | +0.06 |
| IBM Intl Business Machines Corp. | Add +44.1% | 0.17% | +0.06 |
| ICE Intercontinental Exchange Inc. | New | 0.05% | +0.05 |
| UPS United Parcel Service Class B | New | 0.05% | +0.05 |
| GBTC Grayscale Bitcoin Trust ETF | New | 0.05% | +0.05 |
| GSK GSK PLC-Spon ADR | New | 0.05% | +0.05 |
| ATI Ati Inc. | New | 0.05% | +0.05 |
| BURL Burlington Stores Inc. | New | 0.05% | +0.05 |
| SCHV Schwab US Large-Cap Value | New | 0.05% | +0.05 |
| TEQI T Rowe Price Equity Income E | New | 0.05% | +0.05 |
| CDNS Cadence Design SYS Inc. | New | 0.05% | +0.05 |
| TRV The Travelers Cos Inc. | New | 0.05% | +0.05 |
| WMB Williams Cos Inc. | New | 0.05% | +0.05 |
| IWS iShares Russell Mid-Cap Valu | New | 0.05% | +0.05 |
| IJH iShares Core S&P Midcap ETF | Add +10.0% | 0.35% | +0.03 |
| MUA BlackRock Muniassets Fund | Add +108.0% | 0.06% | +0.03 |
| PGR Progressive Corp. | Add +16.8% | 0.09% | +0.03 |
| USB US Bancorp | Add +40.5% | 0.11% | +0.02 |
| HBI Hanesbrands Inc. | New | 0.02% | +0.02 |
| EW Edwards Lifesciences Corp. | Add +7.0% | 0.11% | +0.02 |
| MUB iShares National Muni Bond E | Add +21.6% | 0.21% | +0.02 |
Options Activity Q4 2023 → Q1 2024
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 244 | $944.8M | AGG, SCHF, VTV, SPYG, SPMD |
| Q1 2026 | 235 | $805.3M | AGG, SCHF, VTV, SPYG, SPMD |
| Q4 2025 | 239 | $769.6M | AGG, SCHF, SPYG, VTV, RSP |
| Q3 2025 | 247 | $712.9M | AGG, SPYG, SCHF, VTV, RSP |
| Q2 2025 | 249 | $637.7M | SPYG, VTV, IUSB, SCHF, GVI |
| Q1 2025 | 233 | $556.6M | VTV, SPYG, SCHF, GVI, IUSB |
| Q4 2024 | 898 | $573.2M | SPYG, VTV, SCHF, IUSB, GVI |
| Q3 2024 | 903 | $540.5M | SPYG, VTV, SCHF, GVI, IUSB |
| Q2 2024 | 230 | $454.0M | SPYG, VTV, GVI, SCHF, IUSB |
| Q1 2024 | 234 | $418.6M | SPYG, VTV, GVI, JPST, SCHF |