Oarsman Capital, Inc.
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 8, 2024), Oarsman Capital, Inc. reported 903 stock positions worth $540.5 million. Its top holding was SS SPDR P S&P 500 Growth ETF (SPYG) at 5.9% of the portfolio, followed by Vanguard Mrngstr Val ETF-Aui (VTV, 5.2%) and Schwab Intl Equity ETF (SCHF, 4.9%). Compared with Q2 2024, it opened 673 new positions, added to 113 and reduced 95. The biggest buy was Invesco S&P 500 Equal Weight (RSP, shares +247%) and the biggest sale Vanguard S&P 500 ETF (VOO, shares −69%).
- Most Recent 13F
- Q2 2026
- Location
- MILWAUKEE, WI
- CIK
- 0001569667
- Portfolio Value
- $540.5M (Q3 2024)
- SEC Filing
- 0001569667-24-000005 ↗ filed Nov 8, 2024
Holdings Value
Holdings 903 stocks · $540.5M
| SPYG SS SPDR P S&P 500 Growth ETF | 5.86% | 381,706 | $31.7M | Reduce -2.0% |
| VTV Vanguard Mrngstr Val ETF-Aui | 5.15% | 159,558 | $27.9M | Add +6.0% |
| SCHF Schwab Intl Equity ETF | 4.86% | 638,648 | $26.3M | Add +21.7% |
| GVI iShares Intermediate Governm | 4.53% | 228,862 | $24.5M | Add +7.2% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 4.38% | 502,675 | $23.7M | Add +16.6% |
| IVV iShares Core S&P 500 ETF | 3.53% | 33,085 | $19.1M | Add +7.4% |
| RSP Invesco S&P 500 Equal Weight | 3.48% | 104,877 | $18.8M | Add +246.9% |
| GOOG Alphabet Inc. Class C | 2.58% | 83,544 | $14.0M | Add +1.7% |
| SPSM SS SPDR P S&P 600 Small Cap | 2.25% | 267,431 | $12.2M | Add +7.5% |
| MSFT Microsoft Corp. | 2.17% | 27,289 | $11.7M | Add +2.3% |
| JPST JPMorgan Ultra-Short Income | 2.15% | 229,531 | $11.6M | Add +0.1% |
| AAPL Apple Inc. | 1.74% | 40,420 | $9.4M | Add +4.1% |
| IWF iShares Russell 1000 Growth | 1.65% | 23,819 | $8.9M | Add +7.3% |
| EMXC iShares MSCI Emr MRK Ex Chna | 1.62% | 143,029 | $8.7M | Add +8.7% |
| FISV Fiserv Inc. | 1.59% | 47,884 | $8.6M | Reduce -1.0% |
| NVDA Nvidia Corp. | 1.41% | 62,619 | $7.6M | Reduce -7.3% |
| VTI VG Morningstar TS MKT ETF-US | 1.40% | 26,683 | $7.6M | Reduce -16.4% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 1.32% | 105,538 | $7.1M | Reduce -22.6% |
| CALF PCR US SM CP CSH CWS ETF-Usd | 1.12% | 130,620 | $6.1M | Add +12.7% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 1.10% | 109,141 | $6.0M | Add +7.0% |
| AVGO Broadcom Inc. | 0.91% | 28,468 | $4.9M | No change |
| AGG iShares Core U.S. Aggregate | 0.81% | 43,415 | $4.4M | Add +1.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.79% | 9,245 | $4.3M | Add +93.7% |
| RSPG Invesco S&P 500 Equal Weight | 0.76% | 53,593 | $4.1M | Add +7.7% |
| AAAU Goldman Sachs Physical Gold | 0.76% | 157,677 | $4.1M | Add +1423.5% |
| AMZN Amazon.com Inc. | 0.75% | 21,795 | $4.1M | Add +13.5% |
| IWD iShares Russell 1000 Value E | 0.70% | 20,073 | $3.8M | Add +2.2% |
| ABBV Abbvie Inc. | 0.70% | 19,088 | $3.8M | Add +1.6% |
| PDBC Invesco Optimum Yield Divers | 0.69% | 276,762 | $3.7M | Reduce -14.1% |
| WMT Walmart Inc. | 0.67% | 45,044 | $3.6M | Add +13.6% |
| GOOGL Alphabet Inc. Class A | 0.65% | 21,083 | $3.5M | Add +2.5% |
| JCPB JPMorgan Core Plus Bond ETF | 0.59% | 66,529 | $3.2M | Reduce -6.7% |
| MBB iShares MBS ETF | 0.56% | 31,617 | $3.0M | Reduce -1.9% |
| SCHZ Schwab US Aggregate Bond ETF | 0.54% | 60,943 | $2.9M | Add +28.2% |
| IJS iShares S&P Small-Cap 600 Va | 0.52% | 25,888 | $2.8M | Reduce -5.8% |
| CAT Caterpillar Inc. | 0.52% | 7,122 | $2.8M | Add +4.3% |
| JNJ Johnson & Johnson | 0.51% | 16,960 | $2.7M | Add +1.1% |
| META Meta Platforms Inc. Class A | 0.51% | 4,772 | $2.7M | Add +39.0% |
| IEI iShares 3-7 Year Treasury Bo | 0.50% | 22,600 | $2.7M | Add +14.2% |
| ADBE Adobe Inc. | 0.48% | 5,043 | $2.6M | Add +22.6% |
| GS Goldman Sachs Group Inc. | 0.48% | 5,220 | $2.6M | Add +18.1% |
| VOO Vanguard S&P 500 ETF | 0.48% | 4,869 | $2.6M | Reduce -68.8% |
| MDT Medtronic PLC | 0.47% | 28,047 | $2.5M | Add +16.6% |
| IJT iShares S&P Small-Cap 600 GR | 0.46% | 17,885 | $2.5M | Reduce -5.6% |
| VEA Vanguard Ftse Developed ETF | 0.45% | 45,889 | $2.4M | Add +22.1% |
| UNH Unitedhealth Group Inc. | 0.44% | 4,094 | $2.4M | Add +4.4% |
| QCOM Qualcomm Inc. | 0.44% | 14,041 | $2.4M | Add +4.8% |
| FCX Freeport-McMoran Inc. | 0.44% | 47,617 | $2.4M | Add +6.1% |
| TYL Tyler Technologies Inc. | 0.43% | 3,950 | $2.3M | Add +0.7% |
| APH Amphenol Corp. Class A | 0.42% | 35,179 | $2.3M | Add +3.9% |
| MTG Mgic Investment Corp. | 0.41% | 87,607 | $2.2M | Reduce -3.4% |
| KR Kroger Co. | 0.41% | 38,405 | $2.2M | Add +13.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.40% | 9,899 | $2.2M | Add +42.2% |
| WFC Wells Fargo & Co. | 0.39% | 37,769 | $2.1M | Add +3.4% |
| IXUS iShares Core Intl Stock ETF | 0.38% | 28,258 | $2.1M | Add +21.5% |
| TGT Target Corp. | 0.37% | 12,810 | $2.0M | Add +27.6% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.36% | 1,898 | $2.0M | Add +5.8% |
| VRTX Vertex Pharmaceuticals Inc. | 0.35% | 4,123 | $1.9M | Reduce -18.8% |
| JPM JPMorgan Chase & Co. | 0.33% | 8,552 | $1.8M | Add +2.2% |
| LLY Eli Lilly & Co. | 0.33% | 2,032 | $1.8M | Reduce -1.4% |
| GLD SPDR Gold Shares | 0.33% | 7,347 | $1.8M | Reduce -8.8% |
| JCI Johnson Controls Internation | 0.33% | 22,866 | $1.8M | Add +2.5% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.33% | 15,040 | $1.8M | Add +7.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.33% | 44,414 | $1.8M | Add +4.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.32% | 2,981 | $1.7M | Add +16.3% |
| ORCL Oracle Corp. | 0.31% | 9,792 | $1.7M | Add +4.2% |
| HBAN Huntington Bancshares Inc. | 0.31% | 113,433 | $1.7M | Reduce -2.2% |
| PEP Pepsico Inc. | 0.31% | 9,783 | $1.7M | Reduce -16.8% |
| AZN Astrazeneca PLC-Spons ADR | 0.30% | 21,130 | $1.6M | Add +17.5% |
| T AT&T Inc. | 0.30% | 74,260 | $1.6M | Reduce -9.1% |
| TSLA Tesla Inc. | 0.29% | 5,995 | $1.6M | Add +101.9% |
| OI O-I Glass Inc. | 0.29% | 117,976 | $1.5M | Reduce -1.4% |
| OBDC Blue Owl Capital Corp. | 0.28% | 103,768 | $1.5M | Add +7.8% |
| IJH iShares Core S&P Midcap ETF | 0.28% | 23,885 | $1.5M | Reduce -1.2% |
| CSCO Cisco Systems Inc. | 0.27% | 27,307 | $1.5M | Add +3.2% |
| ISTB iShares Core 1-5 Year Usd Bo | 0.27% | 29,537 | $1.4M | Add +11.7% |
| BUG Global X Cybersecurity ETF | 0.26% | 45,724 | $1.4M | Add +38.9% |
| GNRC Generac Holdings Inc. | 0.25% | 8,486 | $1.3M | Add +0.4% |
| BMY Bristol-Myers Squibb Co. | 0.25% | 25,876 | $1.3M | Add +3.9% |
| IAUM iShares Gold Trust Micro | 0.24% | 50,457 | $1.3M | Reduce -42.4% |
| RJF Raymond James Financial Inc. | 0.23% | 10,331 | $1.3M | Add +2.2% |
| CMI Cummins Inc. | 0.23% | 3,883 | $1.3M | Add +84.0% |
| OLN Olin Corp. | 0.23% | 25,600 | $1.2M | Reduce -0.4% |
| VZ Verizon Communications Inc. | 0.23% | 27,347 | $1.2M | Reduce -1.5% |
| RPM RPM International Inc. | 0.22% | 9,976 | $1.2M | Reduce -5.8% |
| INTU Intuit Inc. | 0.22% | 1,926 | $1.2M | Add +3.1% |
| MUB iShares National Muni Bond E | 0.22% | 10,741 | $1.2M | Add +31.1% |
| COST Costco Wholesale Corp. | 0.21% | 1,309 | $1.2M | Reduce -4.5% |
| C Citigroup Inc. | 0.21% | 18,482 | $1.2M | Add +5.7% |
| SCHA Schwab US Small-Cap ETF | 0.19% | 20,127 | $1.0M | Reduce -1.4% |
| PFE Pfizer Inc. | 0.18% | 34,528 | $999K | Add +0.9% |
| DWM Wisdomtree International Equ | 0.18% | 17,007 | $979K | Reduce -9.8% |
| CMCSA Comcast Corp. Class A | 0.18% | 23,434 | $979K | Add +49.3% |
| XRNPX Cohen & Steers REIT and Pref | 0.18% | 41,000 | $970K | Add +82.2% |
| PH Parker Hannifin Corp. | 0.18% | 1,522 | $962K | Add +88.1% |
| ACN Accenture PLC Class A | 0.17% | 2,601 | $919K | Reduce -2.3% |
| SCHD Schwab US DVD Equity ETF | 0.17% | 10,779 | $911K | Add +2.0% |
| AMGN Amgen Inc. | 0.17% | 2,811 | $906K | Add +0.4% |
| PG The Procter & Gamble Co. | 0.17% | 5,190 | $899K | Add +0.9% |
| MCD McDonald's Corp. | 0.17% | 2,943 | $896K | Add +0.7% |
Options reported separately and not counted above: GOOG puts ($2.2M), XEL puts ($327K), TSLA calls ($78K).
Other holdings (1): bonds, preferreds, convertibles and warrants · $327 (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 11 | $327 | New |
Total filed on the 13F, all lines: $540.5M.
Portfolio Sells Q2 2024 → Q3 2024
| VOO Vanguard S&P 500 ETF | Reduce -68.8% | 0.48% | −1.25 |
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -2.0% | 5.86% | −1.02 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -22.6% | 1.32% | −0.60 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -16.4% | 1.40% | −0.48 |
| NVDA Nvidia Corp. | Reduce -7.3% | 1.41% | −0.43 |
| PDBC Invesco Optimum Yield Divers | Reduce -14.1% | 0.69% | −0.31 |
| ULTA Ulta Beauty Inc. | Reduce -83.1% | 0.05% | −0.28 |
| IAUM iShares Gold Trust Micro | Reduce -42.4% | 0.24% | −0.20 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -18.8% | 0.35% | −0.17 |
| RRX Regal Rexnord Corp. | Reduce -70.2% | 0.06% | −0.15 |
| BRK.A Berkshire Hathaway Inc. Class A | Reduce -50.0% | 0.13% | −0.14 |
| JCPB JPMorgan Core Plus Bond ETF | Reduce -6.7% | 0.59% | −0.13 |
| HELE Helen of Troy Ltd. | Reduce -98.4% | 0.00% | −0.13 |
| PEP Pepsico Inc. | Reduce -16.8% | 0.31% | −0.12 |
| MBB iShares MBS ETF | Reduce -1.9% | 0.56% | −0.09 |
| LLY Eli Lilly & Co. | Reduce -1.4% | 0.33% | −0.08 |
| IJT iShares S&P Small-Cap 600 GR | Reduce -5.6% | 0.46% | −0.07 |
| IJS iShares S&P Small-Cap 600 Va | Reduce -5.8% | 0.52% | −0.07 |
| EW Edwards Lifesciences Corp. | Reduce -48.0% | 0.03% | −0.07 |
| CVX Chevron Corp. | Reduce -5.4% | 0.16% | −0.05 |
| WOOD iShares Global Timber & Fore | Reduce -61.9% | 0.03% | −0.05 |
| GLD SPDR Gold Shares | Reduce -8.8% | 0.33% | −0.05 |
| IEX Idex Corp. | Reduce -51.4% | 0.04% | −0.05 |
| ACWX iShares MSCI Acwi Ex US ETF | Reduce -32.2% | 0.07% | −0.05 |
| INTC Intel Corp. | Reduce -54.5% | 0.02% | −0.04 |
| IWB iShares Russell 1000 ETF | Reduce -22.7% | 0.09% | −0.04 |
| COST Costco Wholesale Corp. | Reduce -4.5% | 0.21% | −0.04 |
| DWM Wisdomtree International Equ | Reduce -9.8% | 0.18% | −0.04 |
| T AT&T Inc. | Reduce -9.1% | 0.30% | −0.04 |
| LULU Lululemon Athletica Inc. | Reduce -60.5% | 0.02% | −0.04 |
| OLN Olin Corp. | Reduce -0.4% | 0.23% | −0.04 |
| IJH iShares Core S&P Midcap ETF | Reduce -1.2% | 0.28% | −0.04 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -57.1% | 0.02% | −0.03 |
| SCHG Schwab US Large-Cap Growth | Reduce -9.1% | 0.13% | −0.03 |
| HBAN Huntington Bancshares Inc. | Reduce -2.2% | 0.31% | −0.03 |
| CPRT Copart Inc. | Reduce -0.1% | 0.12% | −0.03 |
| RPM RPM International Inc. | Reduce -5.8% | 0.22% | −0.03 |
| SCHX Schwab US Large-Cap ETF | Reduce -9.0% | 0.11% | −0.03 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -16.7% | 0.08% | −0.03 |
| VZ Verizon Communications Inc. | Reduce -1.5% | 0.23% | −0.03 |
| CUT Invesco MSCI Global Timber E | Reduce -41.0% | 0.03% | −0.02 |
| IEMG iShares Core MSCI Emerging | Reduce -26.3% | 0.05% | −0.02 |
| CHD Church & Dwight Co. Inc. | Reduce -20.0% | 0.05% | −0.02 |
| DEM Wisdomtree Emerging Markets | Reduce -11.7% | 0.07% | −0.02 |
| FTGC First Trust Global Tactical | Reduce -1.9% | 0.10% | −0.02 |
| KEYS Keysight Technologies Inc. | Reduce -43.3% | 0.03% | −0.02 |
| SCHA Schwab US Small-Cap ETF | Reduce -1.4% | 0.19% | −0.02 |
| AMAT Applied Materials Inc. | Reduce -0.3% | 0.05% | −0.02 |
| BG Bunge Global SA | Reduce -1.9% | 0.06% | −0.02 |
| MCHP Microchip Technology Inc. | Reduce -6.2% | 0.05% | −0.02 |
Portfolio Buys Q2 2024 → Q3 2024
| RSP Invesco S&P 500 Equal Weight | Add +246.9% | 3.48% | +2.38 |
| AAAU Goldman Sachs Physical Gold | Add +1423.5% | 0.76% | +0.71 |
| SCHF Schwab Intl Equity ETF | Add +21.7% | 4.86% | +0.42 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +93.7% | 0.79% | +0.36 |
| TSLA Tesla Inc. | Add +101.9% | 0.29% | +0.16 |
| BND Vanguard Total Bond Market | New | 0.14% | +0.14 |
| IBM Intl Business Machines Corp. | Add +42.2% | 0.40% | +0.14 |
| META Meta Platforms Inc. Class A | Add +39.0% | 0.51% | +0.12 |
| CMI Cummins Inc. | Add +84.0% | 0.23% | +0.10 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Add +16.6% | 4.38% | +0.09 |
| PH Parker Hannifin Corp. | Add +88.1% | 0.18% | +0.09 |
| WMT Walmart Inc. | Add +13.6% | 0.67% | +0.08 |
| XRNPX Cohen & Steers REIT and Pref | Add +82.2% | 0.18% | +0.08 |
| MLPX Global X MLP & Energy Infras | New | 0.08% | +0.08 |
| HLT Hilton Worldwide Holdings Inc. | New | 0.07% | +0.07 |
| TDG Transdigm Group Inc. | New | 0.06% | +0.06 |
| ZTS Zoetis Inc. | New | 0.06% | +0.06 |
| SCHZ Schwab US Aggregate Bond ETF | Add +28.2% | 0.54% | +0.06 |
| MDT Medtronic PLC | Add +16.6% | 0.47% | +0.05 |
| UL Unilever PLC | New | 0.05% | +0.05 |
| DGRO iShares Core Dividend Growth | New | 0.05% | +0.05 |
| PYPL PayPal Holdings Inc. | New | 0.05% | +0.05 |
| SNY Sanofi-ADR | New | 0.05% | +0.05 |
| BUG Global X Cybersecurity ETF | Add +38.9% | 0.26% | +0.05 |
| VLTO Veralto Corp. | New | 0.05% | +0.05 |
| CMCSA Comcast Corp. Class A | Add +49.3% | 0.18% | +0.05 |
| XLG Invesco S&P 500 Top 50 ETF | New | 0.04% | +0.04 |
| TGT Target Corp. | Add +27.6% | 0.37% | +0.04 |
| ZBH Zimmer Biomet Holdings Inc. | New | 0.04% | +0.04 |
| KMI Kinder Morgan Inc. | New | 0.04% | +0.04 |
| VEU Vanguard Ftse All-World Ex-U | New | 0.04% | +0.04 |
| WDAY Workday Inc. Class A | New | 0.04% | +0.04 |
| VEA Vanguard Ftse Developed ETF | Add +22.1% | 0.45% | +0.04 |
| SPDW Ste STR SPDR PT DW Eu ETF | New | 0.04% | +0.04 |
| GSK GSK PLC-Spon ADR | New | 0.04% | +0.04 |
| NXPI NXP Semiconductors NV | New | 0.04% | +0.04 |
| GS Goldman Sachs Group Inc. | Add +18.1% | 0.48% | +0.04 |
| TRV The Travelers Cos Inc. | New | 0.04% | +0.04 |
| DLTR Dollar Tree Inc. | New | 0.04% | +0.04 |
| PSA Public Storage | New | 0.04% | +0.04 |
| PM Philip Morris International | New | 0.04% | +0.04 |
| URI United Rentals Inc. | New | 0.04% | +0.04 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | New | 0.04% | +0.04 |
| MDY State Street SPDR S&P Midcap | New | 0.04% | +0.04 |
| INGR Ingredion Inc. | New | 0.04% | +0.04 |
| EFV iShares MSCI Eafe Value ETF | New | 0.04% | +0.04 |
| SCHB Schwab US Broad Market ETF | Add +48.1% | 0.15% | +0.04 |
| BMO Bank of Montreal | New | 0.04% | +0.04 |
| KO The Coca-Cola Co. | New | 0.04% | +0.04 |
| NFLX Netflix Inc. | New | 0.04% | +0.04 |
Options Activity Q2 2024 → Q3 2024
| TSLA Tesla Inc. | call | New | 300 | $78K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q2 2024 → Q3 2024
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | New | 11 | $327 |
| PPL PPL Corp. | COM | New | 0 | $0 |
| PTBD Pacer Trendpilot US Bond ETF | TRENDPILOT US BD | New | 0 | $0 |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages 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 |