Osterweis Capital Management Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed June 5, 2025), Osterweis Capital Management Inc. reported 298 stock positions worth $1.5 billion. Its top holding was Microsoft (MSFT) at 5.2% of the portfolio, followed by Alphabet Class C (GOOG, 5.1%) and Amazon.com (AMZN, 4.3%). Compared with Q4 2024, it opened 164 new positions, sold out of 23, added to 49 and reduced 61. The biggest buy was a new position in Ferguson Enterprises (FERG) and the biggest sale an exit from Hershey (HSY).
- Most Recent 13F
- Q2 2026
- Location
- SAN FRANCISCO, CA
- CIK
- 0001007524
- Portfolio Value
- $1.5B (Q1 2025)
- SEC Filing
- 0001085146-25-003428 ↗ filed Jun 5, 2025
Holdings Value
Holdings 298 stocks · $1.5B
| MSFT Microsoft Corp. | 5.17% | 204,234 | $76.7M | Reduce -5.1% |
| GOOG Alphabet Inc. Class C | 5.10% | 483,754 | $75.6M | Reduce -0.6% |
| AMZN Amazon.com Inc. | 4.30% | 334,765 | $63.7M | Reduce -3.2% |
| V Visa Inc. Class A | 3.26% | 137,963 | $48.4M | Reduce -6.0% |
| UNH Unitedhealth Group Inc. | 3.02% | 85,563 | $44.8M | Add +25.5% |
| AZO AutoZone Inc. | 2.98% | 11,576 | $44.1M | Reduce -0.3% |
| AWK American Water Works Co. Inc. | 2.92% | 293,206 | $43.3M | Add +44.4% |
| WCN Waste Connections Inc. | 2.75% | 209,225 | $40.8M | Reduce -2.7% |
| TMO Thermo Fisher Scientific Inc. | 2.60% | 77,455 | $38.5M | Add +20.5% |
| BRO Brown & Brown Inc. | 2.53% | 300,979 | $37.4M | Reduce -2.6% |
| EGP Eastgroup Properties Inc. | 2.52% | 212,509 | $37.4M | Add +1.3% |
| PGR Progressive Corp. | 2.50% | 130,747 | $37.0M | Reduce -9.8% |
| NVDA Nvidia Corp. | 2.48% | 339,121 | $36.8M | Add +20.4% |
| JPM JPMorgan Chase & Co. | 2.29% | 138,416 | $34.0M | Add +0.3% |
| ADI Analog Devices Inc. | 2.18% | 160,141 | $32.3M | Add +26.4% |
| APD Air Products & Chemicals Inc. | 2.11% | 106,193 | $31.3M | Reduce -11.7% |
| ROST Ross Stores Inc. | 2.10% | 244,246 | $31.2M | Reduce -12.3% |
| CRM Salesforce Inc. | 2.09% | 115,614 | $31.0M | Reduce -1.0% |
| KEYS Keysight Technologies Inc. | 2.07% | 204,661 | $30.7M | Reduce -13.6% |
| BSX Boston Scientific Corp. | 1.90% | 279,343 | $28.2M | Reduce -15.7% |
| FERG Ferguson Enterprises Inc. | 1.81% | 167,164 | $26.8M | New |
| INTU Intuit Inc. | 1.79% | 43,151 | $26.5M | Add +0.4% |
| DHR Danaher Corp. | 1.78% | 128,535 | $26.3M | Add +26.0% |
| LHX L3HARRIS Technologies Inc. | 1.75% | 124,107 | $26.0M | Add +14.9% |
| LAMR Lamar Advertising Co. Class A | 1.57% | 204,677 | $23.3M | Add +1.8% |
| AVGO Broadcom Inc. | 1.52% | 134,501 | $22.5M | Reduce -28.9% |
| DE Deere & Co. | 1.30% | 41,227 | $19.3M | Reduce -21.1% |
| AME Ametek Inc. | 1.30% | 112,007 | $19.3M | Reduce -22.0% |
| ODFL Old Dominion Freight Line | 1.27% | 113,908 | $18.8M | Reduce -29.5% |
| BA The Boeing Co. | 1.26% | 109,881 | $18.7M | Add +31.8% |
| FSV Firstservice Corp. | 1.25% | 111,728 | $18.5M | Reduce -3.0% |
| CVCO Cavco Industries Inc. | 1.17% | 33,337 | $17.3M | Reduce -13.4% |
| GWRE Guidewire Software Inc. | 1.17% | 92,402 | $17.3M | Reduce -13.4% |
| LTH Life Time Group Holdings Inc. | 1.17% | 573,255 | $17.3M | Add +59.5% |
| MGY Magnolia Oil & Gas Corp. Class A | 1.09% | 641,637 | $16.2M | Add +33.5% |
| TECH Bio-Techne Corp. | 1.05% | 266,691 | $15.6M | Add +8.5% |
| RMBS Rambus Inc. | 1.00% | 286,305 | $14.8M | Add +62.0% |
| META Meta Platforms Inc. Class A | 0.99% | 25,348 | $14.6M | Add +0.0% |
| CNMD Conmed Corp. | 0.93% | 227,805 | $13.8M | Add +21.8% |
| LAD Lithia Motors Inc. | 0.85% | 43,124 | $12.7M | New |
| GH Guardant Health Inc. | 0.85% | 296,571 | $12.6M | New |
| SKX Skechers USA Inc. Class A | 0.82% | 215,130 | $12.2M | Add +22.9% |
| VITL Vital Farms Inc. | 0.78% | 377,595 | $11.5M | New |
| MOD Modine Manufacturing Co. | 0.77% | 149,082 | $11.4M | Add +11.5% |
| AAPL Apple Inc. | 0.71% | 47,302 | $10.5M | Reduce -0.6% |
| PRCT Procept Biorobotics Corp. | 0.68% | 173,735 | $10.1M | Add +98.0% |
| FRPT Freshpet Inc. | 0.66% | 117,630 | $9.8M | Reduce -1.9% |
| KVYO Klaviyo Inc. Class A | 0.66% | 321,213 | $9.7M | Reduce -3.7% |
| ATRC Atricure Inc. | 0.64% | 295,605 | $9.5M | New |
| AGYS Agilysys Inc. | 0.63% | 128,740 | $9.3M | Reduce -15.7% |
| RGEN Repligen Corp. | 0.62% | 72,765 | $9.3M | Add +18.0% |
| LLY Eli Lilly & Co. | 0.62% | 11,205 | $9.3M | Reduce -0.4% |
| CWAN Clearwater Analytics HDS-A | 0.61% | 336,195 | $9.0M | Reduce -4.4% |
| VERX Vertex Inc. Class A | 0.59% | 249,760 | $8.7M | New |
| RELY Remitly Global Inc. | 0.51% | 363,750 | $7.6M | New |
| GNRC Generac Holdings Inc. | 0.48% | 55,915 | $7.1M | Reduce -43.4% |
| FOLD Amicus Therapeutics Inc. | 0.45% | 824,740 | $6.7M | New |
| ENSG The Ensign Group Inc. | 0.45% | 51,185 | $6.6M | New |
| DUOL Duolingo | 0.44% | 20,860 | $6.5M | Reduce -1.1% |
| S Sentinelone Inc. Class A | 0.40% | 327,159 | $5.9M | Reduce -33.5% |
| GKOS Glaukos Corp. | 0.39% | 59,133 | $5.8M | New |
| TRNS Transcat Inc. | 0.37% | 74,483 | $5.5M | Reduce -16.8% |
| INSP Inspire Medical Systems Inc. | 0.36% | 33,143 | $5.3M | New |
| ACMR Acm Research Inc. Class A | 0.33% | 209,561 | $4.9M | Reduce -11.0% |
| ALGM Allegro Microsystems Inc. | 0.30% | 179,290 | $4.5M | New |
| BRK.A Berkshire Hathaway Inc. Class A | 0.27% | 5 | $4.0M | No change |
| ADSK Autodesk Inc. | 0.27% | 15,060 | $3.9M | Reduce -6.2% |
| WEAV Weave Communications Inc. | 0.26% | 345,610 | $3.8M | Reduce -46.4% |
| MTSI Macom Technology Solutions H | 0.23% | 33,811 | $3.4M | Reduce -51.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.23% | 6,270 | $3.3M | Add +66.5% |
| EPD Enterprise Products Partners | 0.20% | 87,815 | $3.0M | No change |
| PG The Procter & Gamble Co. | 0.19% | 16,944 | $2.9M | Reduce -7.4% |
| FICO Fair Isaac Corp. | 0.18% | 1,442 | $2.7M | Reduce -18.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.11% | 6,265 | $1.6M | Reduce -30.5% |
| WDAY Workday Inc. Class A | 0.09% | 6,000 | $1.4M | Add +50.0% |
| XOM Exxon Mobil Corp. | 0.09% | 10,617 | $1.3M | Add +0.4% |
| ESS Essex Property Trust Inc. | 0.08% | 4,000 | $1.2M | No change |
| JNJ Johnson & Johnson | 0.08% | 6,986 | $1.2M | Reduce -5.8% |
| UNP Union Pacific Corp. | 0.06% | 3,853 | $910K | Add +0.1% |
| ABBV Abbvie Inc. | 0.06% | 4,321 | $905K | Add +0.3% |
| PLTR Palantir Technologies Inc. Class A | 0.06% | 10,517 | $888K | Reduce -15.8% |
| GOOGL Alphabet Inc. Class A | 0.05% | 4,912 | $760K | Add +2.0% |
| COST Costco Wholesale Corp. | 0.03% | 532 | $503K | Reduce -15.2% |
| ABT Abbott Laboratories | 0.03% | 2,885 | $383K | Reduce -17.4% |
| MRK Merck & Co. Inc. | 0.03% | 4,218 | $379K | Add +0.8% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.03% | 5,290 | $376K | No change |
| HD Home Depot Inc. | 0.03% | 1,027 | $376K | Reduce -64.0% |
| CR Crane Co. | 0.02% | 2,000 | $306K | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.02% | 2,990 | $295K | Add +0.8% |
| FISV Fiserv Inc. | 0.02% | 1,318 | $291K | No change |
| ORCL Oracle Corp. | 0.02% | 1,860 | $260K | Add +0.8% |
| AXP American Express Co. | 0.02% | 863 | $232K | Add +0.6% |
| BMY Bristol-Myers Squibb Co. | 0.01% | 3,566 | $217K | Add +1.0% |
| ABNB Airbnb Inc. Class A | 0.01% | 1,720 | $205K | Add +0.3% |
| TSLA Tesla Inc. | 0.01% | 785 | $203K | Add +57.0% |
| SPGI S&P Global Inc. | 0.01% | 360 | $183K | No change |
| HEI Heico Corp. | 0.01% | 671 | $179K | No change |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.01% | 507 | $175K | No change |
| HON Honeywell International Inc. | 0.01% | 826 | $175K | Add +0.6% |
| FAST Fastenal Co. | 0.01% | 1,984 | $154K | Add +0.3% |
Other holdings (39): bonds, preferreds, convertibles and warrants · $543.3M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| LYFT INC (LYFT 1.5 05/15/25) | NOTE 1.500% 5/1 · principal | 84,881,000 | $84.9M | Add +16.1% |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | 70,750,000 | $67.7M | No change |
| CABLE ONE INC (CABO 0 03/15/26) | NOTE 3/1 · principal | 69,305,000 | $65.8M | Add +333.2% |
| WIX LTD (WIX 0 08/15/25) | NOTE 8/1 · principal | 51,943,000 | $51.0M | No change |
| HAEMONETICS CORP (HAE 0 03/01/26) | NOTE 3/0 · principal | 48,570,000 | $46.6M | No change |
| LENDINGTREE INC (TREE 0.5 07/15/25) | NOTE 0.500% 7/1 · principal | 34,642,000 | $34.2M | Add +4.9% |
| PACIRA BIOSCIENCES INC (PCRX 0.75 08/01/25) | NOTE 0.750% 8/0 · principal | 30,327,000 | $29.9M | Add +6.2% |
| WAYFAIR INC (W 0.625 10/01/25) | NOTE 0.625%10/0 · principal | 28,579,000 | $27.9M | New |
| EZCORP INC (EZPW 2.375 05/01/25) | NOTE 2.375% 5/0 · principal | 21,388,000 | $21.4M | Reduce -0.7% |
| OKTA INC (OKTA 0.125 09/01/25) | NOTE 0.125% 9/0 · principal | 17,721,000 | $17.4M | Add +115.1% |
| NVO Novo-Nordisk A/S-Spons ADR | ADR · principal | 228,690 | $15.9M | Add +0.5% |
| ALARM.COM HLDGS INC (ALRM 0 01/15/26) | NOTE 1/1 · principal | 15,000,000 | $14.4M | Add +25.0% |
| JAMF HOLDING CORP (JAMF 0.125 09/01/26) | NOTE 0.125% 9/0 · principal | 11,600,000 | $10.9M | No change |
| ZIFF DAVIS INC (ZD 1.75 11/01/26) | NOTE 1.750%11/0 · principal | 10,595,000 | $10.0M | New |
| JBT MAREL CORP (JBTM 0.25 05/15/26) | NOTE 0.250% 5/1 · principal | 9,700,000 | $9.7M | No change |
| NVS Novartis AG-Sponsored ADR | SPONSORED ADR · principal | 87,194 | $9.7M | Add +2.8% |
| JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) | NOTE 2.000% 6/1 · principal | 7,000,000 | $7.3M | No change |
| ETSY INC (ETSY 0.25 06/15/28) | NOTE 0.250% 6/1 · principal | 7,750,000 | $6.6M | No change |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | 3,000,000 | $2.9M | No change |
| SCHB Schwab US Broad Market ETF | US BRD MKT ETF · principal | 127,751 | $2.8M | Reduce -9.5% |
| VOO Vanguard S&P 500 ETF | S&P 500 ETF SHS · principal | 3,715 | $1.9M | Reduce -10.2% |
| FTGC First Trust Global Tactical | FST TR GLB FD · principal | 25,663 | $655K | Add +0.3% |
| XLK SS Technology Select Sector | ST STR TECHN ETF · principal | 2,993 | $618K | Reduce -7.8% |
| IGM iShares Expanded Tech Sector | EXPND TEC SC ETF · principal | 6,418 | $582K | Reduce -32.2% |
| HYS PIMCO 0-5 Year H/Y Corp. Bond | 0-5 HIGH YIELD · principal | 5,370 | $503K | No change |
| ISTB iShares Core 1-5 Year Usd Bo | CORE 1 5 YR USD · principal | 9,000 | $435K | No change |
| NOBL Proshares S&P 500 Dividend A | S&P 500 DV ARIST · principal | 2,620 | $268K | No change |
| VXUS Vanguard Total Intl Stock | VG TL INTL STK F · principal | 2,736 | $170K | Add +0.3% |
| VTI VG Morningstar TS MKT ETF-US | TOTAL STK MKT · principal | 595 | $164K | Reduce -50.0% |
| SCHM Schwab US Mid Cap ETF | US MID-CAP ETF · principal | 6,132 | $161K | Reduce -36.5% |
| VIOO Vanguard S&P Small-Cap 600 E | SMLLCP 600 IDX · principal | 1,522 | $147K | No change |
| VXF Vanguard Extended Market ETF | EXTEND MKT ETF · principal | 841 | $145K | Reduce -30.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | TR UNIT · principal | 253 | $142K | No change |
| FNDA Schwab Fndmntl US SM Co. ETF | FUNDAMENTAL US S · principal | 3,972 | $109K | No change |
| IBIT iShares Bitcoin Trust ETF | SHS BEN INT · principal | 1,817 | $85K | Add +10.8% |
| IVV iShares Core S&P 500 ETF | CORE S&P500 ETF · principal | 100 | $56K | Reduce -34.2% |
| CNTA Centessa Pharmaceuticals Ltd. | SPONSORED ADS · principal | 3,276 | $47K | New |
| VUG Vanguard Mrngstar GR ETF-Sui | GROWTH ETF · principal | 123 | $46K | No change |
| GRNY Fundstr Gran SH US LRG Cap | FUND GRAN US ETF · principal | 100 | $2K | No change |
Total filed on the 13F, all lines: $2.0B.
Portfolio Sells Q4 2024 → Q1 2025
| HSY The Hershey Co. | Sold out | 0.00% | −1.65 |
| BDX Becton Dickinson and Co. | Sold out | 0.00% | −1.26 |
| AVGO Broadcom Inc. | Reduce -28.9% | 1.52% | −1.16 |
| AMD Advanced Micro Devices | Reduce -100.0% | 0.00% | −1.06 |
| ELF Elf Beauty Inc. | Sold out | 0.00% | −0.98 |
| ACVA Acv Auctions Inc. Class A | Sold out | 0.00% | −0.71 |
| BOOT Boot Barn Holdings Inc. | Sold out | 0.00% | −0.71 |
| AXON Axon Enterprise Inc. | Sold out | 0.00% | −0.68 |
| NTRA Natera Inc. | Sold out | 0.00% | −0.65 |
| SG Sweetgreen Inc. Class A | Sold out | 0.00% | −0.62 |
| RXST Rxsight Inc. | Sold out | 0.00% | −0.61 |
| AGYS Agilysys Inc. | Reduce -15.7% | 0.63% | −0.60 |
| GOOG Alphabet Inc. Class C | Reduce -0.6% | 5.10% | −0.57 |
| NUVL Nuvalent Inc. Class A | Sold out | 0.00% | −0.53 |
| MANH Manhattan Associates Inc. | Sold out | 0.00% | −0.53 |
| ODFL Old Dominion Freight Line | Reduce -29.5% | 1.27% | −0.47 |
| ROST Ross Stores Inc. | Reduce -12.3% | 2.10% | −0.47 |
| GNRC Generac Holdings Inc. | Reduce -43.4% | 0.48% | −0.46 |
| FRPT Freshpet Inc. | Reduce -1.9% | 0.66% | −0.43 |
| VRRM Verra Mobility Corp. | Sold out | 0.00% | −0.42 |
| VKTX Viking Therapeutics Inc. | Sold out | 0.00% | −0.38 |
| MSFT Microsoft Corp. | Reduce -5.1% | 5.17% | −0.38 |
| ANF Abercrombie & Fitch Co. Class A | Sold out | 0.00% | −0.37 |
| WEAV Weave Communications Inc. | Reduce -46.4% | 0.26% | −0.37 |
| AMZN Amazon.com Inc. | Reduce -3.2% | 4.30% | −0.34 |
| MTSI Macom Technology Solutions H | Reduce -51.7% | 0.23% | −0.33 |
| ONTO Onto Innovation Inc. | Sold out | 0.00% | −0.31 |
| CRM Salesforce Inc. | Reduce -1.0% | 2.09% | −0.29 |
| AME Ametek Inc. | Reduce -22.0% | 1.30% | −0.28 |
| S Sentinelone Inc. Class A | Reduce -33.5% | 0.40% | −0.27 |
| KEYS Keysight Technologies Inc. | Reduce -13.6% | 2.07% | −0.26 |
| TRNS Transcat Inc. | Reduce -16.8% | 0.37% | −0.20 |
| KVYO Klaviyo Inc. Class A | Reduce -3.7% | 0.66% | −0.19 |
| NSC Norfolk Southern Corp. | Reduce -92.7% | 0.01% | −0.11 |
| DE Deere & Co. | Reduce -21.1% | 1.30% | −0.05 |
| HD Home Depot Inc. | Reduce -64.0% | 0.03% | −0.04 |
| FICO Fair Isaac Corp. | Reduce -18.5% | 0.18% | −0.04 |
| ADSK Autodesk Inc. | Reduce -6.2% | 0.27% | −0.02 |
| FSV Firstservice Corp. | Reduce -3.0% | 1.25% | −0.02 |
| APD Air Products & Chemicals Inc. | Reduce -11.7% | 2.11% | −0.02 |
| LECO Lincoln Electric Holdings | Sold out | 0.00% | −0.02 |
| AAPL Apple Inc. | Reduce -0.6% | 0.71% | −0.02 |
| AKYA Akoya Biosciences Inc. | Sold out | 0.00% | −0.02 |
| IBM Intl Business Machines Corp. | Reduce -30.5% | 0.11% | −0.02 |
| CVX Chevron Corp. | Reduce -90.5% | 0.00% | −0.01 |
| IAS Integral Ad Science Holding | Sold out | 0.00% | −0.01 |
| MAA Mid-America Apartment Comm | Sold out | 0.00% | −0.01 |
| O Realty Income Corp. | Sold out | 0.00% | −0.01 |
| BOH Bank of Hawaii Corp. | Sold out | 0.00% | −0.00 |
| TJX TJX Companies Inc. | Reduce -97.5% | 0.00% | −0.00 |
Portfolio Buys Q4 2024 → Q1 2025
| FERG Ferguson Enterprises Inc. | New | 1.81% | +1.81 |
| AWK American Water Works Co. Inc. | Add +44.4% | 2.92% | +1.37 |
| UNH Unitedhealth Group Inc. | Add +25.5% | 3.02% | +0.91 |
| LAD Lithia Motors Inc. | New | 0.85% | +0.85 |
| GH Guardant Health Inc. | New | 0.85% | +0.85 |
| VITL Vital Farms Inc. | New | 0.78% | +0.78 |
| LTH Life Time Group Holdings Inc. | Add +59.5% | 1.17% | +0.68 |
| ATRC Atricure Inc. | New | 0.64% | +0.64 |
| VERX Vertex Inc. Class A | New | 0.59% | +0.59 |
| TMO Thermo Fisher Scientific Inc. | Add +20.5% | 2.60% | +0.56 |
| ADI Analog Devices Inc. | Add +26.4% | 2.18% | +0.53 |
| RELY Remitly Global Inc. | New | 0.51% | +0.51 |
| EGP Eastgroup Properties Inc. | Add +1.3% | 2.52% | +0.47 |
| FOLD Amicus Therapeutics Inc. | New | 0.45% | +0.45 |
| ENSG The Ensign Group Inc. | New | 0.45% | +0.45 |
| RMBS Rambus Inc. | Add +62.0% | 1.00% | +0.43 |
| MGY Magnolia Oil & Gas Corp. Class A | Add +33.5% | 1.09% | +0.41 |
| GKOS Glaukos Corp. | New | 0.39% | +0.39 |
| LHX L3HARRIS Technologies Inc. | Add +14.9% | 1.75% | +0.36 |
| BA The Boeing Co. | Add +31.8% | 1.26% | +0.36 |
| INSP Inspire Medical Systems Inc. | New | 0.36% | +0.36 |
| DHR Danaher Corp. | Add +26.0% | 1.78% | +0.35 |
| ALGM Allegro Microsystems Inc. | New | 0.30% | +0.30 |
| JPM JPMorgan Chase & Co. | Add +0.3% | 2.29% | +0.27 |
| PRCT Procept Biorobotics Corp. | Add +98.0% | 0.68% | +0.25 |
| NVDA Nvidia Corp. | Add +20.4% | 2.48% | +0.17 |
| CNMD Conmed Corp. | Add +21.8% | 0.93% | +0.15 |
| INTU Intuit Inc. | Add +0.4% | 1.79% | +0.14 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +66.5% | 0.23% | +0.12 |
| SKX Skechers USA Inc. Class A | Add +22.9% | 0.82% | +0.10 |
| RGEN Repligen Corp. | Add +18.0% | 0.62% | +0.08 |
| META Meta Platforms Inc. Class A | Add +0.0% | 0.99% | +0.08 |
| LAMR Lamar Advertising Co. Class A | Add +1.8% | 1.57% | +0.07 |
| WDAY Workday Inc. Class A | Add +50.0% | 0.09% | +0.03 |
| XOM Exxon Mobil Corp. | Add +0.4% | 0.09% | +0.02 |
| ABBV Abbvie Inc. | Add +0.3% | 0.06% | +0.01 |
| UNP Union Pacific Corp. | Add +0.1% | 0.06% | +0.01 |
| BMY Bristol-Myers Squibb Co. | Add +1.0% | 0.01% | +0.00 |
| FAST Fastenal Co. | Add +0.3% | 0.01% | +0.00 |
| TSLA Tesla Inc. | Add +57.0% | 0.01% | +0.00 |
| PLD Prologis Inc. | Add +2.0% | 0.01% | +0.00 |
| NFLX Netflix Inc. | Add +5.0% | 0.01% | +0.00 |
| SBUX Starbucks Corp. | Add +1.6% | 0.01% | +0.00 |
| ECL Ecolab Inc. | Add +2.1% | 0.00% | +0.00 |
| UBER Uber Technologies Inc. | Add +6.8% | 0.00% | +0.00 |
| WMT Walmart Inc. | Add +15.6% | 0.00% | +0.00 |
| KO The Coca-Cola Co. | Add +95.2% | 0.00% | +0.00 |
| HON Honeywell International Inc. | Add +0.6% | 0.01% | +0.00 |
| BAC Bank of America Corp. | New | 0.00% | +0.00 |
| MA Mastercard Inc. Class A | New | 0.00% | +0.00 |
Notes & Other Activity Q4 2024 → Q1 2025
| LYFT INC (LYFT 1.5 05/15/25) | NOTE 1.500% 5/1 · principal | Add +16.1% | 84,881,000 | $84.9M |
| PEGASYSTEMS INC (PEGA 0.75 03/01/25) | NOTE 0.750% 3/0 · principal | Sold out | 74,500,000 | $74.1Mbefore exit |
| CABLE ONE INC (CABO 0 03/15/26) | NOTE 3/1 · principal | Add +333.2% | 69,305,000 | $65.8M |
| LENDINGTREE INC (TREE 0.5 07/15/25) | NOTE 0.500% 7/1 · principal | Add +4.9% | 34,642,000 | $34.2M |
| PACIRA BIOSCIENCES INC (PCRX 0.75 08/01/25) | NOTE 0.750% 8/0 · principal | Add +6.2% | 30,327,000 | $29.9M |
| WAYFAIR INC (W 0.625 10/01/25) | NOTE 0.625%10/0 · principal | New | 28,579,000 | $27.9M |
| EZCORP INC (EZPW 2.375 05/01/25) | NOTE 2.375% 5/0 · principal | Reduce -0.7% | 21,388,000 | $21.4M |
| OKTA INC (OKTA 0.125 09/01/25) | NOTE 0.125% 9/0 · principal | Add +115.1% | 17,721,000 | $17.4M |
| NVO Novo-Nordisk A/S-Spons ADR | ADR · principal | Add +0.5% | 228,690 | $15.9M |
| ALARM.COM HLDGS INC (ALRM 0 01/15/26) | NOTE 1/1 · principal | Add +25.0% | 15,000,000 | $14.4M |
| ZIFF DAVIS INC (ZD 1.75 11/01/26) | NOTE 1.750%11/0 · principal | New | 10,595,000 | $10.0M |
| NVS Novartis AG-Sponsored ADR | SPONSORED ADR · principal | Add +2.8% | 87,194 | $9.7M |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | Sold out | 7,000,000 | $8.5Mbefore exit |
| SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) | NOTE 1.250% 5/0 · principal | Sold out | 4,625,000 | $4.8Mbefore exit |
| SCHB Schwab US Broad Market ETF | US BRD MKT ETF · principal | Reduce -9.5% | 127,751 | $2.8M |
| VOO Vanguard S&P 500 ETF | S&P 500 ETF SHS · principal | Reduce -10.2% | 3,715 | $1.9M |
| FTGC First Trust Global Tactical | FST TR GLB FD · principal | Add +0.3% | 25,663 | $655K |
| XLK SS Technology Select Sector | ST STR TECHN ETF · principal | Reduce -7.8% | 2,993 | $618K |
| IGM iShares Expanded Tech Sector | EXPND TEC SC ETF · principal | Reduce -32.2% | 6,418 | $582K |
| VXUS Vanguard Total Intl Stock | VG TL INTL STK F · principal | Add +0.3% | 2,736 | $170K |
| VTI VG Morningstar TS MKT ETF-US | TOTAL STK MKT · principal | Reduce -50.0% | 595 | $164K |
| SCHM Schwab US Mid Cap ETF | US MID-CAP ETF · principal | Reduce -36.5% | 6,132 | $161K |
| VXF Vanguard Extended Market ETF | EXTEND MKT ETF · principal | Reduce -30.7% | 841 | $145K |
| IBIT iShares Bitcoin Trust ETF | SHS BEN INT · principal | Add +10.8% | 1,817 | $85K |
| IVV iShares Core S&P 500 ETF | CORE S&P500 ETF · principal | Reduce -34.2% | 100 | $56K |
| CNTA Centessa Pharmaceuticals Ltd. | SPONSORED ADS · principal | New | 3,276 | $47K |
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 | 200 | $1.8B | GOOG, AAPL, AMZN, AMAT, ADI |
| Q1 2026 | 197 | $1.6B | GOOG, AMZN, MSFT, AMAT, AVGO |
| Q4 2025 | 238 | $1.7B | GOOG, MSFT, AMZN, AVGO, V |
| Q3 2025 | 240 | $1.7B | GOOG, MSFT, AMZN, AVGO, AZO |
| Q2 2025 | 247 | $1.6B | MSFT, GOOG, AMZN, AVGO, V |
| Q1 2025Amended | 298 | $1.5B | MSFT, GOOG, AMZN, V, UNH |
| Q4 2024Amended | 157 | $1.6B | GOOG, MSFT, AMZN, V, AVGO |
| Q3 2024 | 159 | $1.7B | MSFT, GOOG, AMZN, PGR, BDX |
| Q2 2024 | 162 | $1.5B | MSFT, GOOG, AMZN, ADI, TGT |
| Q1 2024 | 160 | $1.5B | MSFT, GOOG, AMZN, TGT, MU |