OSTERWEIS CAPITAL MANAGEMENT INC — 13F Holdings & Portfolio
CIK 1007524 · latest 13F-HR filed 2026-08-14
OSTERWEIS CAPITAL MANAGEMENT INC manages $2.12B in 13F-reported U.S. long-equity assets across 280 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are GOOG (3.98%), VAC (2.93%), AFRM (2.67%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 18 new positions, exited 16, added to 99, and trimmed 75.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
STE 800
SAN FRANCISCO, CA 94111
$2.12B
Long-equity book
280
Distinct positions
2026-06-30
Filed 2026-08-14
+18 / −16 / ↑99 / ↓75
vs 2026-03-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- APPLE INC$57.8M +499.9%
- ALPHABET INC$20.0M +21.3%
- MARRIOTT VACATIONS WORLDWIDE$14.1M +29.3%
- SYNOPSYS INC$12.7M +72.7%
- ELI LILLY & CO$11.1M +26.9%
Top Trims
- L3HARRIS TECHNOLOGIES INC-$24.5M -79.1%
- INTERCONTINENTAL EXCHANGE IN-$18.4M -66.0%
- KEYSIGHT TECHNOLOGIES INC-$17.8M -54.5%
- PUBLIC STORAGE-$14.7M -68.7%
- LABCORP HOLDINGS INC-$13.5M -65.6%
New Positions
- REDFIN CORP$34.1M
- GALLAGHER ARTHUR J & CO$21.1M
- DUTCH BROS INC$14.5M
- WORKIVA INC$13.4M
- SEMTECH CORP$9.8M
Exited Positions
- JBT MAREL CORPORATION$41.2M
- PENN ENTERTAINMENT INC$35.5M
- Q2 HLDGS INC$35.3M
- BROWN & BROWN INC$25.9M
- ARTIVION INC$8.8M
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | ALPHABET INC | GOOG | 02079K107 | $84.4M | 3.98% | 239,005 | SH |
| 2 | MARRIOTT VACATIONS WORLDWIDE | VAC | 57164YAF4 | $62.2M | 2.93% | 63,260,000 | PRN |
| 3 | AFFIRM HLDGS INC | AFRM | 00827BAB2 | $56.6M | 2.67% | 57,500,000 | PRN |
| 4 | APPLE INC | AAPL | 037833100 | $54.9M | 2.59% | 189,558 | SH |
| 5 | AMAZON COM INC | AMZN | 023135106 | $45.7M | 2.15% | 191,591 | SH |
| 6 | APPLIED MATLS INC | AMAT | 038222105 | $45.0M | 2.12% | 62,291 | SH |
| 7 | ANALOG DEVICES INC | ADI | 032654105 | $40.5M | 1.91% | 101,898 | SH |
| 8 | PEBBLEBROOK HOTEL TR | PEB | 70509VAA8 | $40.3M | 1.90% | 40,571,000 | PRN |
| 9 | MICROSOFT CORP | MSFT | 594918104 | $40.0M | 1.88% | 107,178 | SH |
| 10 | BROADCOM INC | AVGO | 11135F101 | $39.1M | 1.84% | 103,527 | SH |
| 11 | VISA INC | V | 92826C839 | $36.7M | 1.73% | 106,903 | SH |
| 12 | JPMORGAN CHASE & CO | JPM | 46625H100 | $35.1M | 1.65% | 107,173 | SH |
| 13 | WASTE CONNECTIONS INC | WCN | 94106B101 | $34.9M | 1.65% | 209,637 | SH |
| 14 | REDFIN CORP | RKT | 75737FAE8 | $34.1M | 1.61% | 35,377,000 | PRN |
| 15 | NVIDIA CORPORATION | NVDA | 67066G104 | $33.5M | 1.58% | 167,356 | SH |
| 16 | ELI LILLY & CO | LLY | 532457108 | $31.1M | 1.46% | 25,899 | SH |
| 17 | ZIFF DAVIS INC | ZD | 48123VAE2 | $30.3M | 1.43% | 30,595,000 | PRN |
| 18 | AUTOZONE INC | AZO | 053332102 | $29.6M | 1.40% | 9,265 | SH |
| 19 | ALPHABET INC | GOOG | 02079K107 | $29.4M | 1.39% | 83,177 | SH |
| 20 | DANAHER CORP DEL | DHR | 235851102 | $26.9M | 1.27% | 141,259 | SH |
| 21 | US FOODS HLDG CORP | USFD | 912008109 | $26.0M | 1.23% | 254,537 | SH |
| 22 | ABBVIE INC | ABBV | 00287Y109 | $25.8M | 1.22% | 102,555 | SH |
| 23 | TERRENO RLTY CORP | TRNO | 88146M101 | $24.7M | 1.17% | 381,765 | SH |
| 24 | BOEING CO | BA | 097023105 | $23.9M | 1.13% | 110,285 | SH |
| 25 | AMERICAN WTR WKS CO INC NEW | AWK | 030420103 | $23.6M | 1.11% | 179,512 | SH |
| 26 | SYNOPSYS INC | SNPS | 871607107 | $22.8M | 1.07% | 51,111 | SH |
| 27 | BOSTON SCIENTIFIC CORP | BSX | 101137107 | $22.8M | 1.07% | 533,931 | SH |
| 28 | PROGRESSIVE CORP | PGR | 743315103 | $22.3M | 1.05% | 102,102 | SH |
| 29 | LAMAR ADVERTISING CO | LAMR | 512816109 | $22.0M | 1.04% | 141,178 | SH |
| 30 | ELI LILLY & CO | LLY | 532457108 | $21.2M | 1.00% | 17,697 | SH |
| 31 | FERGUSON ENTERPRISES INC | FERG | 31488V107 | $21.1M | 0.99% | 88,911 | SH |
| 32 | AMETEK INC | AME | 031100100 | $21.1M | 0.99% | 87,168 | SH |
| 33 | NVR INC | NVR | 62944T105 | $20.4M | 0.96% | 2,999 | SH |
| 34 | CANADIAN PACIFIC KANSAS CITY | CP | 13646K108 | $20.0M | 0.94% | 230,530 | SH |
| 35 | DEERE & CO | DE | 244199105 | $19.5M | 0.92% | 30,752 | SH |
| 36 | VERICEL CORP | VCEL | 92346J108 | $17.7M | 0.84% | 398,365 | SH |
| 37 | LIFE TIME GROUP HOLDINGS INC | LTH | 53190C102 | $17.5M | 0.83% | 429,210 | SH |
| 38 | SPX TECHNOLOGIES INC | SPXC | 78473E103 | $17.4M | 0.82% | 71,108 | SH |
| 39 | NOVANTA INC | NOVT | 67000B104 | $17.1M | 0.80% | 105,125 | SH |
| 40 | CARDINAL INFRASTRUCTURE GROU | CDNL | 14154A102 | $16.9M | 0.80% | 179,516 | SH |
| 41 | TWILIO INC | TWLO | 90138F102 | $16.6M | 0.78% | 80,590 | SH |
| 42 | VSE CORP | VSEC | 918284100 | $16.4M | 0.77% | 71,699 | SH |
| 43 | AXOS FINANCIAL INC | AX | 05465C100 | $16.1M | 0.76% | 165,685 | SH |
| 44 | GALLAGHER ARTHUR J & CO | AJG | 363576109 | $16.1M | 0.76% | 70,179 | SH |
| 45 | LOAR HOLDINGS INC | LOAR | 53947R105 | $15.2M | 0.72% | 188,865 | SH |
| 46 | REPLIGEN CORP | RGEN | 759916109 | $15.1M | 0.71% | 110,995 | SH |
| 47 | GUARDANT HEALTH INC | GH | 40131M109 | $14.6M | 0.69% | 97,320 | SH |
| 48 | UPWORK INC | UPWK | 91688FAB0 | $14.6M | 0.69% | 14,680,000 | PRN |
| 49 | AMAZON COM INC | AMZN | 023135106 | $14.6M | 0.69% | 61,130 | SH |
| 50 | APPLE INC | AAPL | 037833100 | $14.5M | 0.69% | 50,260 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-14 | $2.12B | 280 | 0001007524-26-000003 |
| 2026-03-31 | 2026-05-15 | $1.94B | 277 | 0001007524-26-000002 |
| 2025-12-31 | 2026-02-17 | $2.36B | 331 | 0001007524-26-000001 |
| 2025-09-30 | 2025-11-14 | $2.22B | 320 | 0001007524-25-000003 |