OSTERWEIS CAPITAL MANAGEMENT INC
CIK: 0001007524SEC EDGAR →
Portfolio Value
$2.4B
Holdings
285
As of
Q4 2025
New Positions
25
Closed Positions
33
Top 10 Holdings
| Rank | Stock | Shares | Value | % of Portfolio |
|---|---|---|---|---|
| 1 | ALPHABET INC | 359,207 | $112.0M | 4.74% |
| 2 | MICROSOFT CORP | 176,624 | $84.0M | 3.56% |
| 3 | AMAZON COM INC | 336,333 | $77.0M | 3.26% |
| 4 | AIRBNB INC | 76,750,000 | $76.0M | 3.22% |
| 5 | BENTLEY SYS INC | 75,804,000 | $75.0M | 3.18% |
| 6 | SUMMIT HOTEL PPTYS | 70,537,000 | $70.0M | 2.96% |
| 7 | MARRIOTT VACATIONS WORLDWIDE | 71,011,000 | $70.0M | 2.96% |
| 8 | CABLE ONE INC | 70,305,000 | $69.0M | 2.92% |
| 9 | ENPHASE ENERGY INC | 68,500,000 | $67.0M | 2.84% |
| 10 | BROADCOM INC | 182,116 | $62.0M | 2.62% |
Quarterly Changes
Top Buys
Top Sells
FVRR 0 11/01/25CLOSED
$59.0M
DXCM 0.25 11/15/25CLOSED
$54.1M
RDFN 0 10/15/25CLOSED
$27.4M
MSFT↓ Decreased
$15.3M
AZO↓ Decreased
$12.1M
New Positions (51)
$75.0M · 75.8M shares
$70.0M · 71.0M shares
$29.0M · 392K shares
$18.0M · 3K shares
$12.0M · 102K shares
$8.0M · 172K shares
$8.0M · 257K shares
$8.0M · 48K shares
$8.0M · 49K shares
$7.0M · 58K shares
$7.0M · 55K shares
$5.0M · 87K shares
$4.0M · 48K shares
$2.0M · 69K shares
$1.0M · 76K shares
$0 · 3K shares
$0 · 43 shares
$0 · 243 shares
$0 · 118 shares
$0 · 3K shares
$0 · 212 shares
$0 · 54 shares
$0 · 560 shares
$0 · 437 shares
$0 · 1K shares
$0 · 6K shares
$0 · 4K shares
$0 · 3K shares
$0 · 473 shares
$0 · 947 shares
$0 · 2K shares
$0 · 289 shares
$0 · 490 shares
$0 · 1K shares
$0 · 591 shares
$0 · 352 shares
$0 · 2K shares
$0 · 7K shares
$0 · 91 shares
$0 · 191 shares
$0 · 201 shares
$0 · 39 shares
$0 · 2K shares
$0 · 161 shares
$0 · 687 shares
$0 · 3K shares
$0 · 226 shares
$0 · 5K shares
$0 · 1K shares
$0 · 356 shares
$0 · 740 shares
Closed Positions (41)
$59.0M · 59.0M shares
$54.1M · 54.5M shares
$27.4M · 27.4M shares
$11.2M · 11.6M shares
$10.1M · 195K shares
$8.0M · 446K shares
$6.3M · 76K shares
$5.0M · 29K shares
$4.5M · 309K shares
$3.4M · 11K shares
$3.0M · 3.0M shares
$2.7M · 99K shares
$497K · 14K shares
$173K · 821 shares
$149K · 2K shares
$61K · 50 shares
$58K · 685 shares
$43K · 508 shares
$39K · 371 shares
$37K · 958 shares
$35K · 310 shares
$34K · 383 shares
$32K · 307 shares
$30K · 262 shares
$29K · 715 shares
$29K · 61 shares
$21K · 136 shares
$21K · 246 shares
$20K · 210 shares
$18K · 198 shares
$16K · 30 shares
$12K · 260 shares
$11K · 37 shares
$5K · 334 shares
$4K · 53 shares
$3K · 86 shares
$3K · 27 shares
$2K · 43 shares
$2K · 111 shares
$351 · 8 shares
$109 · 4 shares
Sector Breakdown
| Sector | # Holdings | Value | % |
|---|---|---|---|
| Unknown | 31 | $671.0M | 29.6% |
| Technology | 52 | $457.0M | 20.1% |
| Industrials | 46 | $249.0M | 11.0% |
| Healthcare | 30 | $216.0M | 9.5% |
| Financial Services | 58 | $207.0M | 9.1% |
| Consumer Cyclical | 20 | $161.0M | 7.1% |
| Communication Services | 10 | $136.0M | 6.0% |
| Real Estate | 5 | $81.0M | 3.6% |
| Consumer Defensive | 10 | $49.0M | 2.2% |
| Basic Materials | 6 | $34.0M | 1.5% |
| Energy | 12 | $9.0M | 0.4% |
| Utilities | 5 | $0 | 0.0% |