Oberndorf William E
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Oberndorf William E reported 7 stock positions worth $79.0 million. Its top holding was Sprott Physical Gold Trust (PHYS) at 17.2% of the portfolio, followed by Autodesk (ADSK, 15.8%) and Amazon.com (AMZN, 15.5%). Compared with Q3 2025, it added to 3 and reduced 1. The biggest buy was Sprott Physical Gold Trust (PHYS, shares +85%) and the biggest sale Veeva Systems Class A (VEEV, shares −20%).
- Most Recent 13F
- Q2 2026
- Location
- San Francisco, CA
- CIK
- 0001218663
- Portfolio Value
- $79.0M (Q4 2025)
- SEC Filing
- 0001193125-26-050038 ↗ filed Feb 13, 2026
Holdings Value
Holdings 7 stocks · $79.0M
| PHYS Sprott Physical Gold Trust | 17.20% | 411,371 | $13.6M | Add +85.2% |
| ADSK Autodesk Inc. | 15.79% | 42,124 | $12.5M | No change |
| AMZN Amazon.com Inc. | 15.47% | 52,928 | $12.2M | No change |
| UNH Unitedhealth Group Inc. | 14.86% | 35,553 | $11.7M | No change |
| TEAM Atlassian Corp. Class A | 14.50% | 70,645 | $11.5M | Add +99.6% |
| MNDY Monday.com Ltd. | 13.77% | 73,705 | $10.9M | Add +5.1% |
| VEEV Veeva Systems Inc. Class A | 8.41% | 29,761 | $6.6M | Reduce -20.1% |
Portfolio Sells Q3 2025 → Q4 2025
| VEEV Veeva Systems Inc. Class A | Reduce -20.1% | 8.41% | −6.54 |
Portfolio Buys Q3 2025 → Q4 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 8 | $55.0M | UNH, GWRE, AMZN, VEEV, PHYS |
| Q1 2026 | 7 | $53.3M | UNH, GWRE, PHYS, VEEV, AMZN |
| Q4 2025 | 7 | $79.0M | PHYS, ADSK, AMZN, UNH, TEAM |
| Q3 2025 | 7 | $74.2M | MNDY, ADSK, UNH, AMZN, VEEV |
| Q2 2025 | 8 | $90.5M | MNDY, ADSK, AMZN, DDOG, VEEV |
| Q1 2025 | 8 | $77.9M | VEEV, AMZN, MNDY, TEAM, ADSK |
| Q4 2024 | 6 | $59.9M | AMZN, VEEV, TEAM, ADSK, MNDY |
| Q3 2024 | 8 | $75.4M | TEAM, VEEV, AMZN, DDOG, MNDY |
| Q2 2024 | 9 | $57.0M | DDOG, TEAM, AMZN, VEEV, MNDY |
| Q1 2024 | 9 | $61.3M | DDOG, TEAM, VEEV, AMZN, MNDY |