Oarsman Capital, Inc.
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 12, 2024), Oarsman Capital, Inc. reported 230 stock positions worth $454.0 million. Its top holding was SS SPDR P S&P 500 Growth ETF (SPYG) at 6.9% of the portfolio, followed by Vanguard Mrngstr Val ETF-Aui (VTV, 5.3%) and iShares Intermediate Governm (GVI, 4.9%). Compared with Q1 2024, it opened 14 new positions, sold out of 18, added to 99 and reduced 90. The biggest buy was Ishr CR Unvrse Usd BD ETF-Ui (IUSB, shares +71%) and the biggest sale JPMorgan Ultra-Short Income (JPST, shares −36%).
- Most Recent 13F
- Q2 2026
- Location
- MILWAUKEE, WI
- CIK
- 0001569667
- Portfolio Value
- $454.0M (Q2 2024)
- SEC Filing
- 0001569667-24-000003 ↗ filed Aug 12, 2024
Holdings Value
Holdings 230 stocks · $454.0M
| SPYG SS SPDR P S&P 500 Growth ETF | 6.87% | 389,469 | $31.2M | Add +12.1% |
| VTV Vanguard Mrngstr Val ETF-Aui | 5.32% | 150,466 | $24.1M | Add +24.0% |
| GVI iShares Intermediate Governm | 4.88% | 213,566 | $22.2M | Add +17.9% |
| SCHF Schwab Intl Equity ETF | 4.44% | 524,919 | $20.2M | Add +16.0% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 4.29% | 431,096 | $19.5M | Add +71.4% |
| IVV iShares Core S&P 500 ETF | 3.71% | 30,811 | $16.9M | Add +3.3% |
| GOOG Alphabet Inc. Class C | 3.32% | 82,170 | $15.1M | Add +0.2% |
| MSFT Microsoft Corp. | 2.63% | 26,673 | $11.9M | Add +3.3% |
| JPST JPMorgan Ultra-Short Income | 2.55% | 229,375 | $11.6M | Reduce -36.4% |
| SPSM SS SPDR P S&P 600 Small Cap | 2.28% | 248,867 | $10.3M | Add +10.2% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 1.92% | 136,260 | $8.7M | Add +28.8% |
| VTI VG Morningstar TS MKT ETF-US | 1.88% | 31,903 | $8.5M | Add +3.1% |
| NVDA Nvidia Corp. | 1.84% | 67,570 | $8.3M | Reduce -2.4% |
| AAPL Apple Inc. | 1.80% | 38,815 | $8.2M | Add +3.5% |
| IWF iShares Russell 1000 Growth | 1.78% | 22,201 | $8.1M | Add +1.3% |
| VOO Vanguard S&P 500 ETF | 1.72% | 15,627 | $7.8M | Add +79.7% |
| EMXC iShares MSCI Emr MRK Ex Chna | 1.72% | 131,572 | $7.8M | Add +9.4% |
| FISV Fiserv Inc. | 1.59% | 48,370 | $7.2M | Reduce -1.6% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 1.15% | 101,963 | $5.2M | Add +13.2% |
| CALF PCR US SM CP CSH CWS ETF-Usd | 1.11% | 115,895 | $5.0M | Add +46.7% |
| RSP Invesco S&P 500 Equal Weight | 1.09% | 30,233 | $5.0M | Add +37.5% |
| AVGO Broadcom Inc. | 1.01% | 2,847 | $4.6M | Reduce -0.2% |
| PDBC Invesco Optimum Yield Divers | 1.00% | 322,031 | $4.5M | Add +14.6% |
| AGG iShares Core U.S. Aggregate | 0.92% | 42,970 | $4.2M | Reduce -2.5% |
| RSPG Invesco S&P 500 Equal Weight | 0.88% | 49,757 | $4.0M | Add +7.3% |
| GOOGL Alphabet Inc. Class A | 0.83% | 20,567 | $3.7M | Reduce -0.1% |
| AMZN Amazon.com Inc. | 0.82% | 19,204 | $3.7M | Add +11.8% |
| IWD iShares Russell 1000 Value E | 0.75% | 19,635 | $3.4M | Add +9.0% |
| JCPB JPMorgan Core Plus Bond ETF | 0.73% | 71,274 | $3.3M | Reduce -38.5% |
| ABBV Abbvie Inc. | 0.71% | 18,782 | $3.2M | Add +7.0% |
| MBB iShares MBS ETF | 0.65% | 32,237 | $3.0M | Reduce -21.6% |
| WMT Walmart Inc. | 0.59% | 39,654 | $2.7M | Add +12.2% |
| IJS iShares S&P Small-Cap 600 Va | 0.59% | 27,470 | $2.7M | Reduce -6.1% |
| QCOM Qualcomm Inc. | 0.59% | 13,391 | $2.7M | Add +1.9% |
| JNJ Johnson & Johnson | 0.54% | 16,779 | $2.5M | Add +2.8% |
| IJT iShares S&P Small-Cap 600 GR | 0.54% | 18,941 | $2.4M | Reduce -6.4% |
| VRTX Vertex Pharmaceuticals Inc. | 0.52% | 5,076 | $2.4M | Add +3.0% |
| IEI iShares 3-7 Year Treasury Bo | 0.50% | 19,794 | $2.3M | Reduce -26.9% |
| ADBE Adobe Inc. | 0.50% | 4,113 | $2.3M | Add +5.5% |
| APH Amphenol Corp. Class A | 0.50% | 33,857 | $2.3M | Add +15.1% |
| CAT Caterpillar Inc. | 0.50% | 6,829 | $2.3M | Add +4.7% |
| FCX Freeport-McMoran Inc. | 0.48% | 44,867 | $2.2M | Add +4.3% |
| WFC Wells Fargo & Co. | 0.48% | 36,516 | $2.2M | Add +2.1% |
| SCHZ Schwab US Aggregate Bond ETF | 0.48% | 47,543 | $2.2M | Add +69.7% |
| IAUM iShares Gold Trust Micro | 0.45% | 87,576 | $2.0M | Add +0.3% |
| GS Goldman Sachs Group Inc. | 0.44% | 4,418 | $2.0M | Add +2.0% |
| UNH Unitedhealth Group Inc. | 0.44% | 3,921 | $2.0M | Add +5.2% |
| TYL Tyler Technologies Inc. | 0.43% | 3,922 | $2.0M | Add +4.4% |
| MTG Mgic Investment Corp. | 0.43% | 90,656 | $2.0M | Reduce -6.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.43% | 4,774 | $1.9M | Add +3.5% |
| PEP Pepsico Inc. | 0.43% | 11,763 | $1.9M | Add +6.1% |
| MDT Medtronic PLC | 0.42% | 24,063 | $1.9M | Add +46.2% |
| LLY Eli Lilly & Co. | 0.41% | 2,062 | $1.9M | No change |
| VEA Vanguard Ftse Developed ETF | 0.41% | 37,576 | $1.9M | Reduce -0.9% |
| GLD SPDR Gold Shares | 0.38% | 8,054 | $1.7M | Reduce -4.7% |
| META Meta Platforms Inc. Class A | 0.38% | 3,434 | $1.7M | Add +55.5% |
| KR Kroger Co. | 0.37% | 33,958 | $1.7M | Add +6.8% |
| JPM JPMorgan Chase & Co. | 0.37% | 8,368 | $1.7M | Add +1.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.37% | 42,512 | $1.7M | Add +3.6% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.36% | 1,794 | $1.6M | Add +10.7% |
| IXUS iShares Core Intl Stock ETF | 0.35% | 23,258 | $1.6M | Reduce -0.7% |
| T AT&T Inc. | 0.34% | 81,665 | $1.6M | Reduce -8.0% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.34% | 13,950 | $1.5M | Add +13.0% |
| HBAN Huntington Bancshares Inc. | 0.34% | 115,950 | $1.5M | Reduce -4.3% |
| TGT Target Corp. | 0.33% | 10,037 | $1.5M | Add +22.7% |
| JCI Johnson Controls Internation | 0.33% | 22,306 | $1.5M | Add +3.8% |
| OBDC Blue Owl Capital Corp. | 0.33% | 96,264 | $1.5M | Reduce -10.9% |
| ULTA Ulta Beauty Inc. | 0.32% | 3,820 | $1.5M | Add +10.9% |
| IJH iShares Core S&P Midcap ETF | 0.31% | 24,183 | $1.4M | Add +0.6% |
| AZN Astrazeneca PLC-Spons ADR | 0.31% | 17,988 | $1.4M | Add +28.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.31% | 2,563 | $1.4M | Reduce -1.0% |
| OI O-I Glass Inc. | 0.29% | 119,697 | $1.3M | Reduce -39.0% |
| ORCL Oracle Corp. | 0.29% | 9,397 | $1.3M | Reduce -4.9% |
| CSCO Cisco Systems Inc. | 0.28% | 26,470 | $1.3M | Reduce -32.7% |
| ISTB iShares Core 1-5 Year Usd Bo | 0.28% | 26,455 | $1.3M | Reduce -4.2% |
| RJF Raymond James Financial Inc. | 0.28% | 10,106 | $1.2M | Add +3.3% |
| INTU Intuit Inc. | 0.27% | 1,868 | $1.2M | No change |
| BRK.A Berkshire Hathaway Inc. Class A | 0.27% | 2 | $1.2M | No change |
| OLN Olin Corp. | 0.27% | 25,710 | $1.2M | Add +58.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.27% | 6,963 | $1.2M | Add +87.5% |
| COST Costco Wholesale Corp. | 0.26% | 1,371 | $1.2M | Add +1.1% |
| VZ Verizon Communications Inc. | 0.25% | 27,771 | $1.1M | Reduce -5.5% |
| RPM RPM International Inc. | 0.25% | 10,595 | $1.1M | Reduce -6.4% |
| GNRC Generac Holdings Inc. | 0.25% | 8,453 | $1.1M | Add +2.5% |
| C Citigroup Inc. | 0.24% | 17,482 | $1.1M | Add +2.0% |
| BMY Bristol-Myers Squibb Co. | 0.23% | 24,895 | $1.0M | Reduce -14.3% |
| DWM Wisdomtree International Equ | 0.22% | 18,848 | $1.0M | Reduce -5.2% |
| CVX Chevron Corp. | 0.22% | 6,278 | $982K | Reduce -1.9% |
| BUG Global X Cybersecurity ETF | 0.21% | 32,930 | $974K | New |
| SCHA Schwab US Small-Cap ETF | 0.21% | 20,407 | $968K | Reduce -4.4% |
| PFE Pfizer Inc. | 0.21% | 34,232 | $958K | Add +0.3% |
| RRX Regal Rexnord Corp. | 0.21% | 7,053 | $954K | Reduce -2.5% |
| AMGN Amgen Inc. | 0.19% | 2,801 | $875K | Reduce -1.7% |
| MUB iShares National Muni Bond E | 0.19% | 8,193 | $873K | No change |
| PG The Procter & Gamble Co. | 0.19% | 5,144 | $848K | Add +5.8% |
| SCHD Schwab US DVD Equity ETF | 0.18% | 10,570 | $822K | Add +3.1% |
| ACN Accenture PLC Class A | 0.18% | 2,662 | $808K | Reduce -3.7% |
| CTRA Coterra Energy Inc. | 0.17% | 29,190 | $779K | Add +67.5% |
| MCD McDonald's Corp. | 0.16% | 2,923 | $745K | Reduce -2.9% |
| SCHG Schwab US Large-Cap Growth | 0.16% | 7,305 | $737K | Add +0.5% |
Options reported separately and not counted above: GOOG puts ($2.5M), XEL puts ($267K).
Portfolio Sells Q1 2024 → Q2 2024
| JPST JPMorgan Ultra-Short Income | Reduce -36.4% | 2.55% | −1.80 |
| JCPB JPMorgan Core Plus Bond ETF | Reduce -38.5% | 0.73% | −0.56 |
| OI O-I Glass Inc. | Reduce -39.0% | 0.29% | −0.48 |
| CVS CVS Health Corp. | Sold out | 0.00% | −0.30 |
| FISV Fiserv Inc. | Reduce -1.6% | 1.59% | −0.29 |
| MBB iShares MBS ETF | Reduce -21.6% | 0.65% | −0.26 |
| IEI iShares 3-7 Year Treasury Bo | Reduce -26.9% | 0.50% | −0.25 |
| CSCO Cisco Systems Inc. | Reduce -32.7% | 0.28% | −0.19 |
| BMY Bristol-Myers Squibb Co. | Reduce -14.3% | 0.23% | −0.15 |
| ACWX iShares MSCI Acwi Ex US ETF | Reduce -49.2% | 0.12% | −0.14 |
| IJS iShares S&P Small-Cap 600 Va | Reduce -6.1% | 0.59% | −0.13 |
| AGG iShares Core U.S. Aggregate | Reduce -2.5% | 0.92% | −0.11 |
| RRX Regal Rexnord Corp. | Reduce -2.5% | 0.21% | −0.10 |
| IJT iShares S&P Small-Cap 600 GR | Reduce -6.4% | 0.54% | −0.10 |
| MTG Mgic Investment Corp. | Reduce -6.0% | 0.43% | −0.08 |
| RWX State Street SPDR Dow Jones | Sold out | 0.00% | −0.08 |
| OBDC Blue Owl Capital Corp. | Reduce -10.9% | 0.33% | −0.07 |
| RPM RPM International Inc. | Reduce -6.4% | 0.25% | −0.07 |
| HBAN Huntington Bancshares Inc. | Reduce -4.3% | 0.34% | −0.07 |
| ALGN Align Technology Inc. | Sold out | 0.00% | −0.07 |
| HELE Helen of Troy Ltd. | Reduce -9.4% | 0.13% | −0.07 |
| UL Unilever PLC | Sold out | 0.00% | −0.06 |
| SBAC SBA Communications Corp. | Sold out | 0.00% | −0.06 |
| BND Vanguard Total Bond Market | Sold out | 0.00% | −0.06 |
| PCEF Invesco Cef Income Composite | Sold out | 0.00% | −0.06 |
| SCHX Schwab US Large-Cap ETF | Reduce -24.8% | 0.14% | −0.05 |
| UPS United Parcel Service Class B | Sold out | 0.00% | −0.05 |
| GBTC Grayscale Bitcoin Trust ETF | Sold out | 0.00% | −0.05 |
| GSK GSK PLC-Spon ADR | Sold out | 0.00% | −0.05 |
| ACN Accenture PLC Class A | Reduce -3.7% | 0.18% | −0.05 |
| BURL Burlington Stores Inc. | Sold out | 0.00% | −0.05 |
| APA Apa Corp. | Sold out | 0.00% | −0.05 |
| GPC Genuine Parts Co. | Sold out | 0.00% | −0.05 |
| SPDW Ste STR SPDR PT DW Eu ETF | Sold out | 0.00% | −0.05 |
| TRV The Travelers Cos Inc. | Sold out | 0.00% | −0.05 |
| WMB Williams Cos Inc. | Sold out | 0.00% | −0.05 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −0.05 |
| VEA Vanguard Ftse Developed ETF | Reduce -0.9% | 0.41% | −0.05 |
| PTY PIMCO Corporate & Income Opp | Sold out | 0.00% | −0.05 |
| VZ Verizon Communications Inc. | Reduce -5.5% | 0.25% | −0.04 |
| XCHYX Calamos Convert & High Inc. | Reduce -55.3% | 0.03% | −0.04 |
| INTC Intel Corp. | Reduce -6.4% | 0.06% | −0.04 |
| FAST Fastenal Co. | Reduce -1.7% | 0.11% | −0.04 |
| MCD McDonald's Corp. | Reduce -2.9% | 0.16% | −0.04 |
| SCHA Schwab US Small-Cap ETF | Reduce -4.4% | 0.21% | −0.04 |
| DWM Wisdomtree International Equ | Reduce -5.2% | 0.22% | −0.04 |
| ISTB iShares Core 1-5 Year Usd Bo | Reduce -4.2% | 0.28% | −0.04 |
| WOOD iShares Global Timber & Fore | Reduce -17.9% | 0.08% | −0.04 |
| IXUS iShares Core Intl Stock ETF | Reduce -0.7% | 0.35% | −0.03 |
| GLD SPDR Gold Shares | Reduce -4.7% | 0.38% | −0.03 |
Portfolio Buys Q1 2024 → Q2 2024
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Add +71.4% | 4.29% | +1.55 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +12.1% | 6.87% | +0.80 |
| VOO Vanguard S&P 500 ETF | Add +79.7% | 1.72% | +0.72 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +24.0% | 5.32% | +0.59 |
| GVI iShares Intermediate Governm | Add +17.9% | 4.88% | +0.38 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +28.8% | 1.92% | +0.37 |
| GOOG Alphabet Inc. Class C | Add +0.2% | 3.32% | +0.34 |
| AAPL Apple Inc. | Add +3.5% | 1.80% | +0.26 |
| SCHF Schwab Intl Equity ETF | Add +16.0% | 4.44% | +0.22 |
| BUG Global X Cybersecurity ETF | New | 0.21% | +0.21 |
| RSP Invesco S&P 500 Equal Weight | Add +37.5% | 1.09% | +0.20 |
| CALF PCR US SM CP CSH CWS ETF-Usd | Add +46.7% | 1.11% | +0.18 |
| SCHZ Schwab US Aggregate Bond ETF | Add +69.7% | 0.48% | +0.17 |
| IWB iShares Russell 1000 ETF | New | 0.14% | +0.14 |
| CMCSA Comcast Corp. Class A | New | 0.14% | +0.14 |
| CMI Cummins Inc. | New | 0.13% | +0.13 |
| META Meta Platforms Inc. Class A | Add +55.5% | 0.38% | +0.13 |
| APH Amphenol Corp. Class A | Add +15.1% | 0.50% | +0.10 |
| IBM Intl Business Machines Corp. | Add +87.5% | 0.27% | +0.10 |
| WMT Walmart Inc. | Add +12.2% | 0.59% | +0.08 |
| AZN Astrazeneca PLC-Spons ADR | Add +28.1% | 0.31% | +0.08 |
| AMZN Amazon.com Inc. | Add +11.8% | 0.82% | +0.08 |
| MCS Marcus Corporation | New | 0.08% | +0.08 |
| MDT Medtronic PLC | Add +46.2% | 0.42% | +0.07 |
| TSLA Tesla Inc. | Add +100.3% | 0.13% | +0.07 |
| PDBC Invesco Optimum Yield Divers | Add +14.6% | 1.00% | +0.07 |
| EMXC iShares MSCI Emr MRK Ex Chna | Add +9.4% | 1.72% | +0.06 |
| IBIT iShares Bitcoin Trust ETF | New | 0.06% | +0.06 |
| QCOM Qualcomm Inc. | Add +1.9% | 0.59% | +0.06 |
| CTRA Coterra Energy Inc. | Add +67.5% | 0.17% | +0.06 |
| VUG Vanguard Mrngstar GR ETF-Sui | New | 0.05% | +0.05 |
| MGM MGM Resorts International | New | 0.05% | +0.05 |
| TYL Tyler Technologies Inc. | Add +4.4% | 0.43% | +0.05 |
| AAAU Goldman Sachs Physical Gold | New | 0.05% | +0.05 |
| TXRH Texas Roadhouse Inc. | New | 0.05% | +0.05 |
| WSO Watsco Inc. | New | 0.05% | +0.05 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | New | 0.05% | +0.05 |
| BA The Boeing Co. | New | 0.04% | +0.04 |
| DXJ Wisdomtree Japan Hedged Eq | New | 0.04% | +0.04 |
| IEFA iShares Core MSCI Eafe ETF | Add +77.0% | 0.11% | +0.04 |
| TJX TJX Companies Inc. | Add +13.0% | 0.34% | +0.04 |
| OLN Olin Corp. | Add +58.0% | 0.27% | +0.04 |
| ADBE Adobe Inc. | Add +5.5% | 0.50% | +0.03 |
| VRTX Vertex Pharmaceuticals Inc. | Add +3.0% | 0.52% | +0.03 |
| MSFT Microsoft Corp. | Add +3.3% | 2.63% | +0.03 |
| SCHB Schwab US Broad Market ETF | Add +29.3% | 0.11% | +0.02 |
| COST Costco Wholesale Corp. | Add +1.1% | 0.26% | +0.02 |
| IWF iShares Russell 1000 Growth | Add +1.3% | 1.78% | +0.02 |
| SCHC Schwab Intl Small-Cap Equity | Add +20.5% | 0.15% | +0.01 |
| AMAT Applied Materials Inc. | Add +7.3% | 0.08% | +0.01 |
Options Activity Q1 2024 → Q2 2024
| GOOG Alphabet Inc. Class C | put | Add +19.6% | 13,400 | $2.5M |
| XEL Xcel Energy Inc. | put | Add +11.1% | 5,000 | $267K |
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 |