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Asset Manager ← All Institutions

OSTERWEIS CAPITAL MANAGEMENT INC

Q2 2025 · Filed 2025-08-14
Market Value
$1.6B
+6.6%
Holdings
416
+73
New Purchases
96
Added To
88
Closed
152
Reduced
52
Top 10 Concentration
37.2%
Turnover
59.6%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
AVGO 3.65% 1.48% +2.17% $59M
TRNO 2.08% 0.00% +2.08% $34M
AMAT 2.08% 0.00% +2.08% $34M
MSFT 7.02% 5.05% +1.97% $114M
SNPS 1.40% 0.00% +1.40% $23M
LH 1.27% 0.00% +1.27% $21M
DHR 2.95% 1.74% +1.21% $48M
LHX 2.37% 1.71% +0.65% $38M
SITM 0.63% 0.00% +0.63% $10M
AMZN 4.80% 4.20% +0.61% $78M
VCEL 0.60% 0.00% +0.60% $10M
AFRM 0.55% 0.00% +0.55% $9M
APD 2.60% 2.06% +0.53% $42M
TREX 0.52% 0.00% +0.52% $8M
SPXC 0.50% 0.00% +0.50% $8M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
UNH 0.00% 2.95% -2.95% $0
TMO 0.00% 2.54% -2.54% $14K
EGP 0.00% 2.47% -2.47% $0
ROST 0.00% 2.06% -2.06% $0
CVCO 0.00% 1.14% -1.14% $0
NVDA 1.32% 2.42% -1.11% $21M
NVO 0.00% 1.05% -1.05% $0
CNMD 0.00% 0.91% -0.91% $0
SKX 0.00% 0.81% -0.81% $0
LTH 0.47% 1.14% -0.68% $8M
FRPT 0.00% 0.64% -0.64% $0
RGEN 0.00% 0.61% -0.61% $0
TECH 0.48% 1.03% -0.55% $8M
GNRC 0.00% 0.47% -0.47% $0
KVYO 0.24% 0.64% -0.40% $4M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 58 $554M 34.3%
Large Cap 279 $812M 50.2%
Mid Cap 60 $196M 12.1%
Small Cap 19 $55M 3.4%

Portfolio Analytics

Avg Market Cap
$171.9B
Median Market Cap
$40.0B
Avg P/E
34.7
Median P/E
25.1
Avg Dividend Yield
0.01%
Avg Beta
1.00
# Stocks
394
# ETFs / Funds
22

Top Holdings (416 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 MSFT 7.02% 228,324 $114M $497.41 $37M +24,090 +11.8%
2 GOOG 5.30% 483,146 $86M $177.39 $10M -608 -0.1%
3 AMZN 4.80% 354,127 $78M $219.39 $14M +19,362 +5.8%
4 AVGO 3.65% 214,373 $59M $275.65 $37M +79,872 +59.4%
5 V 3.07% 140,066 $50M $355.05 $1M +2,103 +1.5%
6 DHR 2.95% 241,226 $48M $197.54 $21M +112,691 +87.7%
7 AZO 2.69% 11,724 $44M $3,712.23 -$615K +148 +1.3%
8 APD 2.60% 148,984 $42M $282.06 $11M +42,791 +40.3%
9 JPM 2.54% 141,761 $41M $289.91 $7M +3,345 +2.4%
10 AWK 2.54% 294,943 $41M $139.11 -$2M +1,737 +0.6%
11 WCN 2.43% 210,261 $39M $186.72 -$2M +1,036 +0.5%
12 LHX 2.37% 152,568 $38M $250.84 $12M +28,461 +22.9%
13 ADI 2.32% 157,532 $37M $238.02 $5M -2,609 -1.6%
14 BRO 2.26% 330,223 $37M $110.87 -$830K +29,244 +9.7%
15 PGR 2.17% 131,638 $35M $266.86 -$2M +891 +0.7%
16 FERG 2.15% 159,920 $35M $217.75 $8M -7,244 -4.3%
17 INTU 2.11% 43,274 $34M $787.63 $8M +123 +0.3%
18 TRNO 2.08% 601,025 $34M $56.07 +601,025 NEW
19 AMAT 2.08% 183,538 $34M $183.07 $34M +183,528 +1835280.0%
20 KEYS 2.06% 203,235 $33M $163.86 $3M -1,426 -0.7%
21 LAMR 1.98% 264,323 $32M $121.36 $9M +59,646 +29.1%
22 BSX 1.88% 283,208 $30M $107.41 $2M +3,865 +1.4%
23 CRM 1.66% 98,507 $27M $272.69 -$4M -17,107 -14.8%
24 AME 1.65% 147,723 $27M $180.96 $7M +35,716 +31.9%
25 BA 1.43% 110,431 $23M $209.53 $4M +550 +0.5%
26 SNPS 1.40% 44,193 $23M $512.68 +44,193 NEW
27 NVDA 1.32% 134,638 $21M $157.99 -$15M -204,483 -60.3%
28 DE 1.30% 41,370 $21M $508.49 $2M +143 +0.3%
29 LH 1.27% 78,509 $21M $262.51 +78,509 NEW
30 META 1.16% 25,474 $19M $738.09 $4M +126 +0.5%
31 ODFL 1.16% 115,211 $19M $162.30 -$147K +1,303 +1.1%
32 RMBS 1.13% 284,410 $18M $64.02 $3M -1,895 -0.7%
33 FSV 1.11% 102,698 $18M $174.62 -$608K -9,030 -8.1%
34 GWRE 0.95% 65,069 $15M $235.45 -$2M -27,333 -29.6%
35 MGY 0.80% 575,012 $13M $22.48 -$3M -66,625 -10.4%
36 VITL 0.79% 332,300 $13M $38.52 $1M -45,295 -12.0%
37 GH 0.77% 240,316 $13M $52.04 -$128K -56,255 -19.0%
38 NVS 0.66% 88,341 $11M $121.01 $970K +1,147 +1.3%
39 ATRC 0.64% 315,530 $10M $32.77 $804K +19,925 +6.7%
40 SITM 0.63% 48,183 $10M $213.08 +48,183 NEW
41 AAPL 0.63% 49,818 $10M $205.17 -$286K +2,516 +5.3%
42 GKOS 0.60% 94,373 $10M $103.29 $4M +35,240 +59.6%
43 VCEL 0.60% 228,275 $10M $42.55 +228,275 NEW
44 PRCT 0.60% 168,615 $10M $57.60 -$410K -5,120 -3.0%
45 LAD 0.60% 28,589 $10M $337.82 -$3M -14,535 -33.7%
46 AFRM 0.55% 128,845 $9M $69.14 +128,845 NEW
47 LLY 0.55% 11,427 $9M $779.53 -$347K +222 +2.0%
48 CWAN 0.55% 402,600 $9M $21.93 -$181K +66,405 +19.8%
49 MOD 0.54% 89,252 $9M $98.50 -$3M -59,830 -40.1%
50 AGYS 0.54% 76,505 $9M $114.64 -$568K -52,235 -40.6%
51 TREX 0.52% 154,315 $8M $54.38 +154,315 NEW
52 SPXC 0.50% 48,655 $8M $167.68 +48,655 NEW
53 ENSG 0.48% 50,460 $8M $154.26 $1M -725 -1.4%
54 TECH 0.48% 149,591 $8M $51.45 -$8M -117,100 -43.9%
55 LTH 0.47% 248,015 $8M $30.33 -$10M -325,240 -56.7%
56 CECO 0.44% 253,440 $7M $28.31 +253,440 NEW
57 BOOT 0.43% 45,820 $7M $152.00 +45,820 NEW
58 RBRK 0.43% 77,185 $7M $89.59 +77,185 NEW
59 ACMR 0.43% 266,426 $7M $25.90 $2M +56,865 +27.1%
60 VERX 0.41% 185,640 $7M $35.34 -$2M -64,120 -25.7%
61 AX 0.40% 84,960 $6M $76.04 +84,960 NEW
62 HNGE 0.38% 118,215 $6M $51.75 +118,215 NEW
63 PLMR 0.35% 37,140 $6M $154.25 +37,140 NEW
64 ADMA 0.33% 296,495 $5M $18.21 +296,495 NEW
65 DUOL 0.29% 11,476 $5M $410.02 -$2M -9,384 -45.0%
66 ADSK 0.29% 15,060 $5M $309.57 $719K
67 RELY 0.28% 245,075 $5M $18.77 -$3M -118,675 -32.6%
68 CAVA 0.25% 48,840 $4M $84.23 +48,840 NEW
69 KVYO 0.24% 114,723 $4M $33.58 -$6M -206,490 -64.3%
70 TTAN 0.23% 35,230 $4M $107.18 +35,230 NEW
71 AORT 0.23% 120,580 $4M $31.10 +120,580 NEW
72 BRK-A 0.23% 5 $4M $728,800.00 -$348K
73 PG 0.17% 17,555 $3M $159.32 -$91K +611 +3.6%
74 BRK-B 0.17% 5,744 $3M $485.77 -$549K -526 -8.4%
75 TPB 0.17% 36,065 $3M $75.77 +36,065 NEW
76 EPD 0.17% 87,815 $3M $31.01 -$275K
77 FICO 0.15% 1,299 $2M $1,827.96 -$285K -143 -9.9%
78 SCHB 0.15% 99,437 $2M $23.83 -$381K -28,314 -22.2%
79 IBM 0.11% 5,954 $2M $294.78 $197K -311 -5.0%
80 VOO 0.11% 3,064 $2M $567.97 -$169K -651 -17.5%
81 XOM 0.09% 13,805 $1M $107.80 $225K +3,188 +30.0%
82 WDAY 0.09% 6,000 $1M $240.00 $39K
83 FOLD 0.09% 250,935 $1M $5.73 -$5M -573,805 -69.6%
84 PLTR 0.08% 9,442 $1M $136.32 $399K -1,075 -10.2%
85 ESS 0.07% 4,000 $1M $283.40 -$93K
86 ABBV 0.06% 5,540 $1M $185.62 $123K +1,219 +28.2%
87 UNP 0.06% 4,262 $981K $230.08 $70K +409 +10.6%
88 IEFA 0.06% 11,675 $975K $83.48 +11,675 NEW
89 GOOGL 0.06% 5,530 $975K $176.23 $215K +618 +12.6%
90 LEVI 0.06% 50,000 $924K $18.49 +50,000 NEW
91 COST 0.05% 826 $818K $989.94 $315K +294 +55.3%
92 JNJ 0.04% 4,431 $677K $152.75 -$482K -2,555 -36.6%
93 XLK 0.04% 2,591 $656K $253.23 $38K -402 -13.4%
94 FTGC 0.04% 25,742 $635K $24.67 -$20K +79 +0.3%
95 ABT 0.04% 4,252 $578K $136.01 $196K +1,367 +47.4%
96 HD 0.03% 1,432 $525K $366.64 $149K +405 +39.4%
97 HYS 0.03% 5,370 $510K $95.01 $7K
98 SLB 0.03% 14,455 $489K $33.80 $487K +14,425 +48083.3%
99 WRB 0.03% 6,331 $465K $73.47 $89K +1,041 +19.7%
100 ISTB 0.03% 9,000 $438K $48.65 $3K

New Positions

SymbolValue% Port
TRNO $34M 2.08%
SNPS $23M 1.40%
LH $21M 1.27%
SITM $10M 0.63%
VCEL $10M 0.60%
AFRM $9M 0.55%
TREX $8M 0.52%
SPXC $8M 0.50%
CECO $7M 0.44%
BOOT $7M 0.43%
RBRK $7M 0.43%
AX $6M 0.40%
HNGE $6M 0.38%
PLMR $6M 0.35%
ADMA $5M 0.33%

Sold Out Positions

SymbolValue% Port
YUM —%
GLW —%
ED —%
EMN —%
ALL —%
CVS —%
WY —%
CFG —%
EGP —%
PSX —%
ZTS —%
AIG —%
D —%
HLT —%
ARE —%
View SEC EDGAR Filings for OSTERWEIS CAPITAL MANAGEMENT INC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms