Orser Capital Management, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 9, 2025), Orser Capital Management, LLC reported 46 stock positions worth $140.4 million. Its top holding was Nvidia (NVDA) at 10.6% of the portfolio, followed by Vanguard Short-Term Treasury (VGSH, 7.4%) and Carpenter Technology (CRS, 5.4%). Compared with Q1 2025, it opened 9 new positions, sold out of 12, added to 4 and reduced 26. The biggest buy was a new position in Vanguard Short-Term Treasury (VGSH) and the biggest sale Vanguard Mrngstar GR ETF-Sui (VUG, shares −69%).
- Most Recent 13F
- Q2 2026
- Location
- SOUTHLAKE, TX
- CIK
- 0001785717
- Portfolio Value
- $140.4M (Q2 2025)
- SEC Filing
- 0001785717-25-000005 ↗ filed Jul 9, 2025
Holdings Value
Holdings 46 stocks · $140.4M
| NVDA Nvidia Corp. | 10.65% | 94,615 | $14.9M | Reduce -1.7% |
| VGSH Vanguard Short-Term Treasury | 7.41% | 177,025 | $10.4M | New |
| CRS Carpenter Technology | 5.41% | 27,463 | $7.6M | Reduce -6.6% |
| AAPL Apple Inc. | 5.01% | 34,243 | $7.0M | Reduce -4.1% |
| VOO Vanguard S&P 500 ETF | 4.86% | 12,000 | $6.8M | Reduce -43.6% |
| MSFT Microsoft Corp. | 4.57% | 12,893 | $6.4M | Reduce -5.2% |
| GOOGL Alphabet Inc. Class A | 3.89% | 30,984 | $5.5M | Reduce -1.2% |
| AMZN Amazon.com Inc. | 3.89% | 24,872 | $5.5M | Reduce -1.9% |
| VTV Vanguard Mrngstr Val ETF-Aui | 3.74% | 29,688 | $5.2M | Reduce -39.2% |
| IQLT iShares MSCI International Q | 3.69% | 28,354 | $5.2M | Reduce -55.6% |
| VCSH Vanguard S/T Corp. Bond ETF | 3.63% | 64,075 | $5.1M | New |
| MA Mastercard Inc. Class A | 3.33% | 8,309 | $4.7M | Reduce -0.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 3.05% | 8,800 | $4.3M | Reduce -0.5% |
| IWF iShares Russell 1000 Growth | 2.79% | 9,232 | $3.9M | Add +125.5% |
| VGT Vanguard Info Tech ETF | 2.78% | 5,885 | $3.9M | New |
| VUG Vanguard Mrngstar GR ETF-Sui | 2.55% | 8,173 | $3.6M | Reduce -69.1% |
| HD Home Depot Inc. | 2.41% | 9,226 | $3.4M | Reduce -2.1% |
| WK Workiva Inc. | 2.39% | 48,987 | $3.4M | Reduce -13.2% |
| SPMO Invesco S&P 500 Momentum ETF | 2.10% | 26,185 | $2.9M | New |
| WM Waste Management Inc. | 1.76% | 10,803 | $2.5M | Reduce -2.6% |
| WMT Walmart Inc. | 1.73% | 24,823 | $2.4M | Reduce -4.3% |
| VSGX Vanguard ESG Intl Stock ETF | 1.70% | 36,470 | $2.4M | New |
| CASY Casey's General Stores Inc. | 1.45% | 3,989 | $2.0M | Add +95.5% |
| CL Colgate-Palmolive Co. | 1.44% | 22,209 | $2.0M | Reduce -2.4% |
| RRC Range Resources Corp. | 1.40% | 48,457 | $2.0M | Reduce -7.1% |
| RS Reliance Inc. | 1.23% | 5,515 | $1.7M | Reduce -14.3% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 1.17% | 5,775 | $1.6M | Add +187.3% |
| UNP Union Pacific Corp. | 1.13% | 6,881 | $1.6M | Reduce -26.0% |
| IGPT Invesco AI and Next Gen Soft | 1.04% | 29,820 | $1.5M | New |
| TMO Thermo Fisher Scientific Inc. | 0.93% | 3,225 | $1.3M | Reduce -5.8% |
| DHR Danaher Corp. | 0.90% | 6,372 | $1.3M | No change |
| HON Honeywell International Inc. | 0.85% | 5,113 | $1.2M | Add +14.6% |
| VIG Vanguard Dividend Apprec ETF | 0.77% | 5,285 | $1.1M | New |
| ORCL Oracle Corp. | 0.77% | 4,930 | $1.1M | Reduce -1.0% |
| ZTS Zoetis Inc. | 0.59% | 5,266 | $821K | Reduce -23.0% |
| KO The Coca-Cola Co. | 0.55% | 10,868 | $769K | No change |
| XLI SS Industrial Select Sector | 0.39% | 3,670 | $541K | Reduce -2.6% |
| XLP SS Consumer Staples Sel Sect | 0.33% | 2,160 | $469K | No change |
| V Visa Inc. Class A | 0.33% | 1,302 | $462K | No change |
| VGUS Vanguard Ultra SHRT Treasury | 0.27% | 5,100 | $385K | New |
| PG The Procter & Gamble Co. | 0.25% | 2,232 | $356K | No change |
| TXN Texas Instruments Inc. | 0.22% | 1,470 | $305K | Reduce -7.8% |
| XHS SS SPDR S&P HC Services ETF | 0.20% | 2,050 | $276K | No change |
| PEP Pepsico Inc. | 0.16% | 1,710 | $226K | No change |
| GE General Electric filed as GE AEROSPACE | 0.15% | 837 | $215K | Reduce -86.2% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.15% | 760 | $213K | New |
Portfolio Sells Q1 2025 → Q2 2025
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -69.1% | 2.55% | −4.65 |
| IQLT iShares MSCI International Q | Reduce -55.6% | 3.69% | −4.32 |
| VOO Vanguard S&P 500 ETF | Reduce -43.6% | 4.86% | −3.18 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -39.2% | 3.74% | −2.45 |
| EW Edwards Lifesciences Corp. | Sold out | 0.00% | −1.54 |
| WMB Williams Cos Inc. | Sold out | 0.00% | −1.34 |
| NFLX Netflix Inc. | Sold out | 0.00% | −1.31 |
| LLY Eli Lilly & Co. | Sold out | 0.00% | −1.29 |
| META Meta Platforms Inc. Class A | Sold out | 0.00% | −1.24 |
| COST Costco Wholesale Corp. | Sold out | 0.00% | −1.04 |
| ISRG Intuitive Surgical Inc. | Sold out | 0.00% | −0.88 |
| AAPL Apple Inc. | Reduce -4.1% | 5.01% | −0.82 |
| WK Workiva Inc. | Reduce -13.2% | 2.39% | −0.76 |
| GE General Electric | Reduce -86.2% | 0.15% | −0.74 |
| AVGO Broadcom Inc. | Sold out | 0.00% | −0.59 |
| UNP Union Pacific Corp. | Reduce -26.0% | 1.13% | −0.49 |
| QQQ Invesco QQQ Trust Series 1 | Sold out | 0.00% | −0.42 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.5% | 3.05% | −0.41 |
| BR Broadridge Financial Solutio | Sold out | 0.00% | −0.33 |
| TMO Thermo Fisher Scientific Inc. | Reduce -5.8% | 0.93% | −0.32 |
| SHW The Sherwin-Williams Co. | Sold out | 0.00% | −0.28 |
| ZTS Zoetis Inc. | Reduce -23.0% | 0.59% | −0.24 |
| RSP Invesco S&P 500 Equal Weight | Sold out | 0.00% | −0.17 |
| RS Reliance Inc. | Reduce -14.3% | 1.23% | −0.13 |
| CL Colgate-Palmolive Co. | Reduce -2.4% | 1.44% | −0.13 |
| RRC Range Resources Corp. | Reduce -7.1% | 1.40% | −0.13 |
| HD Home Depot Inc. | Reduce -2.1% | 2.41% | −0.13 |
| WM Waste Management Inc. | Reduce -2.6% | 1.76% | −0.12 |
| MA Mastercard Inc. Class A | Reduce -0.9% | 3.33% | −0.05 |
| TXN Texas Instruments Inc. | Reduce -7.8% | 0.22% | +0.01 |
| XLI SS Industrial Select Sector | Reduce -2.6% | 0.39% | +0.02 |
| WMT Walmart Inc. | Reduce -4.3% | 1.73% | +0.06 |
| ORCL Oracle Corp. | Reduce -1.0% | 0.77% | +0.26 |
| GOOGL Alphabet Inc. Class A | Reduce -1.2% | 3.89% | +0.33 |
| AMZN Amazon.com Inc. | Reduce -1.9% | 3.89% | +0.35 |
| MSFT Microsoft Corp. | Reduce -5.2% | 4.57% | +0.82 |
| CRS Carpenter Technology | Reduce -6.6% | 5.41% | +1.50 |
| NVDA Nvidia Corp. | Reduce -1.7% | 10.65% | +2.99 |
Portfolio Buys Q1 2025 → Q2 2025
| VGSH Vanguard Short-Term Treasury | New | 7.41% | +7.41 |
| VCSH Vanguard S/T Corp. Bond ETF | New | 3.63% | +3.63 |
| VGT Vanguard Info Tech ETF | New | 2.78% | +2.78 |
| SPMO Invesco S&P 500 Momentum ETF | New | 2.10% | +2.10 |
| IWF iShares Russell 1000 Growth | Add +125.5% | 2.79% | +1.71 |
| VSGX Vanguard ESG Intl Stock ETF | New | 1.70% | +1.70 |
| IGPT Invesco AI and Next Gen Soft | New | 1.04% | +1.04 |
| CASY Casey's General Stores Inc. | Add +95.5% | 1.45% | +0.80 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Add +187.3% | 1.17% | +0.79 |
| VIG Vanguard Dividend Apprec ETF | New | 0.77% | +0.77 |
| VGUS Vanguard Ultra SHRT Treasury | New | 0.27% | +0.27 |
| HON Honeywell International Inc. | Add +14.6% | 0.85% | +0.15 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | New | 0.15% | +0.15 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 65 | $201.5M | VGSH, NVDA, CRS, IQLT, GOOGL |
| Q1 2026 | 46 | $152.9M | VGSH, NVDA, CRS, IQLT, GOOGL |
| Q4 2025 | 55 | $177.0M | VGSH, NVDA, IQLT, GOOGL, AAPL |
| Q3 2025 | 71 | $190.1M | NVDA, VGSH, IQLT, AAPL, GOOGL |
| Q2 2025 | 46 | $140.4M | NVDA, VGSH, CRS, AAPL, VOO |
| Q1 2025 | 49 | $136.2M | VOO, IQLT, NVDA, VUG, VTV |
| Q4 2024 | 39 | $145.3M | NVDA, IQLT, VUG, VOO, VTV |
| Q3 2024 | 40 | $139.9M | NVDA, VOO, IQLT, VUG, AAPL |
| Q2 2024 | 41 | $133.0M | NVDA, VOO, IQLT, VUG, AAPL |
| Q1 2024 | 42 | $106.6M | NVDA, AAPL, MSFT, WK, IQLT |