Orser Capital Management, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 7, 2025), Orser Capital Management, LLC reported 71 stock positions worth $190.1 million. Its top holding was Nvidia (NVDA) at 9.1% of the portfolio, followed by Vanguard Short-Term Treasury (VGSH, 8.3%) and iShares MSCI International Q (IQLT, 4.9%). Compared with Q2 2025, it opened 28 new positions, sold out of 3, added to 5 and reduced 28. The biggest buy was a new position in Schwab 1000 Index ETF (SCHK) and the biggest sale Carpenter Technology (CRS, shares −9%).
- Most Recent 13F
- Q2 2026
- Location
- SOUTHLAKE, TX
- CIK
- 0001785717
- Portfolio Value
- $190.1M (Q3 2025)
- SEC Filing
- 0001785717-25-000007 ↗ filed Oct 7, 2025
Holdings Value
Holdings 71 stocks · $190.1M
| NVDA Nvidia Corp. | 9.13% | 92,995 | $17.4M | Reduce -1.7% |
| VGSH Vanguard Short-Term Treasury | 8.33% | 269,000 | $15.8M | Add +52.0% |
| IQLT iShares MSCI International Q | 4.94% | 48,265 | $9.4M | Add +70.2% |
| AAPL Apple Inc. | 4.53% | 33,863 | $8.6M | Reduce -1.1% |
| GOOGL Alphabet Inc. Class A | 3.86% | 30,164 | $7.3M | Reduce -2.6% |
| VCSH Vanguard S/T Corp. Bond ETF | 3.86% | 91,715 | $7.3M | Add +43.1% |
| MSFT Microsoft Corp. | 3.45% | 12,678 | $6.6M | Reduce -1.7% |
| VOO Vanguard S&P 500 ETF | 3.43% | 10,665 | $6.5M | Reduce -11.1% |
| CRS Carpenter Technology | 3.22% | 24,968 | $6.1M | Reduce -9.1% |
| VTV Vanguard Mrngstr Val ETF-Aui | 2.83% | 28,814 | $5.4M | Reduce -2.9% |
| AMZN Amazon.com Inc. | 2.80% | 24,257 | $5.3M | Reduce -2.5% |
| MA Mastercard Inc. Class A | 2.48% | 8,304 | $4.7M | Reduce -0.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.19% | 8,300 | $4.2M | Reduce -5.7% |
| WK Workiva Inc. | 2.18% | 48,087 | $4.1M | Reduce -1.8% |
| IWF iShares Russell 1000 Growth | 2.15% | 8,744 | $4.1M | Reduce -5.3% |
| VGT Vanguard Info Tech ETF | 2.12% | 5,390 | $4.0M | Reduce -8.4% |
| VUG Vanguard Mrngstar GR ETF-Sui | 2.03% | 8,052 | $3.9M | Reduce -1.5% |
| HD Home Depot Inc. | 1.92% | 9,026 | $3.7M | Reduce -2.2% |
| SPMO Invesco S&P 500 Momentum ETF | 1.56% | 24,555 | $3.0M | Reduce -6.2% |
| SCHK Schwab 1000 Index ETF | 1.41% | 83,297 | $2.7M | New |
| WMT Walmart Inc. | 1.25% | 23,043 | $2.4M | Reduce -7.2% |
| WM Waste Management Inc. | 1.22% | 10,528 | $2.3M | Reduce -2.5% |
| VSGX Vanguard ESG Intl Stock ETF | 1.22% | 33,380 | $2.3M | Reduce -8.5% |
| CASY Casey's General Stores Inc. | 1.18% | 3,978 | $2.2M | Reduce -0.3% |
| NFLX Netflix Inc. | 1.16% | 1,835 | $2.2M | New |
| EW Edwards Lifesciences Corp. | 1.14% | 27,953 | $2.2M | New |
| META Meta Platforms Inc. Class A | 1.05% | 2,708 | $2.0M | New |
| WMB Williams Cos Inc. | 0.94% | 28,190 | $1.8M | New |
| SOXX iShares Semiconductor ETF | 0.93% | 6,530 | $1.8M | New |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.89% | 5,525 | $1.7M | Reduce -4.3% |
| VIK Viking Holdings Ltd. | 0.89% | 27,104 | $1.7M | New |
| RRC Range Resources Corp. | 0.88% | 44,457 | $1.7M | Reduce -8.3% |
| VEEV Veeva Systems Inc. Class A | 0.86% | 5,475 | $1.6M | New |
| TMO Thermo Fisher Scientific Inc. | 0.82% | 3,225 | $1.6M | No change |
| UNP Union Pacific Corp. | 0.82% | 6,591 | $1.6M | Reduce -4.2% |
| IGPT Invesco AI and Next Gen Soft | 0.80% | 28,005 | $1.5M | Reduce -6.1% |
| ASML ASML Holding NV-NY Reg SHS | 0.78% | 1,536 | $1.5M | New |
| ESLT Elbit Systems Ltd. | 0.76% | 2,828 | $1.4M | New |
| RS Reliance Inc. | 0.75% | 5,080 | $1.4M | Reduce -7.9% |
| NBIS Nebius Group NV | 0.75% | 12,673 | $1.4M | New |
| ORCL Oracle Corp. | 0.73% | 4,930 | $1.4M | No change |
| COST Costco Wholesale Corp. | 0.70% | 1,441 | $1.3M | New |
| DHR Danaher Corp. | 0.66% | 6,372 | $1.3M | No change |
| UBER Uber Technologies Inc. | 0.65% | 12,556 | $1.2M | New |
| BR Broadridge Financial Solutio | 0.64% | 5,088 | $1.2M | New |
| VIG Vanguard Dividend Apprec ETF | 0.57% | 5,045 | $1.1M | Reduce -4.5% |
| HON Honeywell International Inc. | 0.57% | 5,113 | $1.1M | No change |
| VGUS Vanguard Ultra SHRT Treasury | 0.53% | 13,230 | $1.0M | Add +159.4% |
| ISRG Intuitive Surgical Inc. | 0.52% | 2,191 | $980K | New |
| ECL Ecolab Inc. | 0.51% | 3,541 | $970K | New |
| SHOP Shopify Inc. Class A | 0.50% | 6,362 | $945K | New |
| HCA HCA Healthcare Inc. | 0.44% | 1,950 | $831K | New |
| SHW The Sherwin-Williams Co. | 0.41% | 2,278 | $789K | New |
| AVGO Broadcom Inc. | 0.40% | 2,327 | $768K | New |
| ZTS Zoetis Inc. | 0.39% | 5,116 | $749K | Reduce -2.9% |
| GE General Electric filed as GE AEROSPACE | 0.39% | 2,471 | $743K | Add +195.2% |
| MELI MercadoLibre Inc. | 0.38% | 309 | $722K | New |
| ALNY Alnylam Pharmaceuticals Inc. | 0.37% | 1,544 | $704K | New |
| QQQ Invesco QQQ Trust Series 1 | 0.37% | 1,165 | $699K | New |
| CAT Caterpillar Inc. | 0.36% | 1,444 | $689K | New |
| SCHW Schwab (charles) Corp. | 0.33% | 6,550 | $625K | New |
| DPZ Domino's Pizza Inc. | 0.31% | 1,383 | $597K | New |
| XLI SS Industrial Select Sector | 0.30% | 3,670 | $566K | No change |
| KO The Coca-Cola Co. | 0.29% | 8,368 | $555K | Reduce -23.0% |
| XLP SS Consumer Staples Sel Sect | 0.27% | 2,160 | $518K | No change |
| V Visa Inc. Class A | 0.23% | 1,302 | $444K | No change |
| XHS SS SPDR S&P HC Services ETF | 0.15% | 2,050 | $285K | No change |
| TXN Texas Instruments Inc. | 0.14% | 1,470 | $270K | No change |
| RSP Invesco S&P 500 Equal Weight | 0.13% | 1,350 | $256K | New |
| PEP Pepsico Inc. | 0.13% | 1,710 | $240K | No change |
| VLTO Veralto Corp. | 0.11% | 1,995 | $213K | New |
Portfolio Sells Q2 2025 → Q3 2025
| CRS Carpenter Technology | Reduce -9.1% | 3.22% | −2.18 |
| NVDA Nvidia Corp. | Reduce -1.7% | 9.13% | −1.52 |
| CL Colgate-Palmolive Co. | Sold out | 0.00% | −1.44 |
| VOO Vanguard S&P 500 ETF | Reduce -11.1% | 3.43% | −1.42 |
| MSFT Microsoft Corp. | Reduce -1.7% | 3.45% | −1.12 |
| AMZN Amazon.com Inc. | Reduce -2.5% | 2.80% | −1.09 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -2.9% | 2.83% | −0.91 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -5.7% | 2.19% | −0.85 |
| MA Mastercard Inc. Class A | Reduce -0.1% | 2.48% | −0.84 |
| VGT Vanguard Info Tech ETF | Reduce -8.4% | 2.12% | −0.66 |
| IWF iShares Russell 1000 Growth | Reduce -5.3% | 2.15% | −0.64 |
| WM Waste Management Inc. | Reduce -2.5% | 1.22% | −0.54 |
| SPMO Invesco S&P 500 Momentum ETF | Reduce -6.2% | 1.56% | −0.53 |
| RRC Range Resources Corp. | Reduce -8.3% | 0.88% | −0.52 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -1.5% | 2.03% | −0.52 |
| HD Home Depot Inc. | Reduce -2.2% | 1.92% | −0.49 |
| VSGX Vanguard ESG Intl Stock ETF | Reduce -8.5% | 1.22% | −0.48 |
| RS Reliance Inc. | Reduce -7.9% | 0.75% | −0.48 |
| WMT Walmart Inc. | Reduce -7.2% | 1.25% | −0.48 |
| AAPL Apple Inc. | Reduce -1.1% | 4.53% | −0.47 |
| UNP Union Pacific Corp. | Reduce -4.2% | 0.82% | −0.31 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Reduce -4.3% | 0.89% | −0.28 |
| CASY Casey's General Stores Inc. | Reduce -0.3% | 1.18% | −0.27 |
| KO The Coca-Cola Co. | Reduce -23.0% | 0.29% | −0.26 |
| PG The Procter & Gamble Co. | Sold out | 0.00% | −0.25 |
| IGPT Invesco AI and Next Gen Soft | Reduce -6.1% | 0.80% | −0.25 |
| WK Workiva Inc. | Reduce -1.8% | 2.18% | −0.21 |
| VIG Vanguard Dividend Apprec ETF | Reduce -4.5% | 0.57% | −0.20 |
| ZTS Zoetis Inc. | Reduce -2.9% | 0.39% | −0.19 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Sold out | 0.00% | −0.15 |
| GOOGL Alphabet Inc. Class A | Reduce -2.6% | 3.86% | −0.03 |
Portfolio Buys Q2 2025 → Q3 2025
| SCHK Schwab 1000 Index ETF | New | 1.41% | +1.41 |
| IQLT iShares MSCI International Q | Add +70.2% | 4.94% | +1.24 |
| NFLX Netflix Inc. | New | 1.16% | +1.16 |
| EW Edwards Lifesciences Corp. | New | 1.14% | +1.14 |
| META Meta Platforms Inc. Class A | New | 1.05% | +1.05 |
| WMB Williams Cos Inc. | New | 0.94% | +0.94 |
| SOXX iShares Semiconductor ETF | New | 0.93% | +0.93 |
| VGSH Vanguard Short-Term Treasury | Add +52.0% | 8.33% | +0.91 |
| VIK Viking Holdings Ltd. | New | 0.89% | +0.89 |
| VEEV Veeva Systems Inc. Class A | New | 0.86% | +0.86 |
| ASML ASML Holding NV-NY Reg SHS | New | 0.78% | +0.78 |
| ESLT Elbit Systems Ltd. | New | 0.76% | +0.76 |
| NBIS Nebius Group NV | New | 0.75% | +0.75 |
| COST Costco Wholesale Corp. | New | 0.70% | +0.70 |
| UBER Uber Technologies Inc. | New | 0.65% | +0.65 |
| BR Broadridge Financial Solutio | New | 0.64% | +0.64 |
| ISRG Intuitive Surgical Inc. | New | 0.52% | +0.52 |
| ECL Ecolab Inc. | New | 0.51% | +0.51 |
| SHOP Shopify Inc. Class A | New | 0.50% | +0.50 |
| HCA HCA Healthcare Inc. | New | 0.44% | +0.44 |
| SHW The Sherwin-Williams Co. | New | 0.41% | +0.41 |
| AVGO Broadcom Inc. | New | 0.40% | +0.40 |
| MELI MercadoLibre Inc. | New | 0.38% | +0.38 |
| ALNY Alnylam Pharmaceuticals Inc. | New | 0.37% | +0.37 |
| QQQ Invesco QQQ Trust Series 1 | New | 0.37% | +0.37 |
| CAT Caterpillar Inc. | New | 0.36% | +0.36 |
| SCHW Schwab (charles) Corp. | New | 0.33% | +0.33 |
| DPZ Domino's Pizza Inc. | New | 0.31% | +0.31 |
| VGUS Vanguard Ultra SHRT Treasury | Add +159.4% | 0.53% | +0.25 |
| GE General Electric | Add +195.2% | 0.39% | +0.24 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +43.1% | 3.86% | +0.23 |
| RSP Invesco S&P 500 Equal Weight | New | 0.13% | +0.13 |
| VLTO Veralto Corp. | New | 0.11% | +0.11 |
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 |