OSTERWEIS CAPITAL MANAGEMENT INC
Q2 2026 Form 13-F
SAN FRANCISCO, CALIFORNIA
CIK 0001007524
· CRD 109580
· SEC-registered investment adviser
Consolidated report · includes
1 manager
since Q2 2013
$2.1B Reported Value Total
OSTERWEIS CAPITAL MANAGEMENT reports 362 total accounts under management (AUM). There are 336 discretionary accounts valued at $7,463,916,798, and 26 non-discretionary accounts valued at $34,086,911.
Source: Form ADV filed * Note that certain holdings are exempt from Form 13-F reporting, so the AUM totals may be greater than the Form 13-F total.
Private funds (Form ADV)
4 funds
· $204.4M gross asset value
Hedge Fund: $204.4M
Source: Form ADV filed 2026-03-31
Reported value
$2.1B
Quarter over quarter
+16.5%
Holdings
200
Top-10 concentration
29.7%
Filing Structure
Reports holdings for
- OSTERWEIS CAPITAL MANAGEMENT LLC CA · File #028-06550 · since Q2 2013
Key People
Form ADV owners & control persons
Catherine Halberstadt
SHAREHOLDER
Craig Leonard Manchuck
SHAREHOLDER
Martha Elizabeth Angove
TRUSTEE, CARL KAUFMAN & MARTHA ANGOVE REVOCABLE TRUST
Filing Navigation
Coverage begins with the second quarter of 2013. Earlier quarters are not shown while their accuracy is being verified.
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Q2 2026 13F record
Q2 2026 13F filing summary
| Period of report | June 30, 2026 |
|---|---|
| Filed | August 14, 2026 |
| Form | 13F-HR |
| Reported value | $2.1B |
| Positions | 200 |
| Change in reported value | +9.4% |
| New positions | 18 |
| Exited positions | 16 |
| Position turnover | 15.7% |
| Top-10 concentration | 29.7% |
13F filings by quarter
| Quarter | Positions | Value |
|---|---|---|
|
Q2 2026 13F
Filed Aug 14, 2026
|
200 | $2.1B |
|
Q1 2026 13F
Filed May 15, 2026
|
197 | $1.9B |
|
Q4 2025 13F
Filed Feb 17, 2026
|
238 | $2.4B |
|
Q3 2025 13F
Filed Nov 14, 2025
|
240 | $2.2B |
|
Q2 2025 13F
Filed Aug 14, 2025
|
247 | $2.1B |
|
Q1 2025 13F
Filed May 14, 2025
|
298 | $2.0B |
|
Q4 2024 13F
Filed Feb 13, 2025
|
157 | $2.1B |
|
Q3 2024 13F
Filed Nov 14, 2024
|
159 | $2.0B |
|
Q2 2024 13F
Filed Aug 14, 2024
|
162 | $1.9B |
|
Q1 2024 13F
Filed May 15, 2024
|
160 | $1.7B |
|
Q4 2023 13F
Filed Feb 14, 2024
|
162 | $1.6B |
|
Q3 2023 13F
Filed Nov 14, 2023
|
169 | $1.4B |
|
Q2 2023 13F
Filed Aug 14, 2023
|
173 | $1.5B |
|
Q1 2023 13F
Filed May 15, 2023
|
169 | $1.5B |
|
Q4 2022 13F
Filed Feb 14, 2023
|
184 | $1.4B |
|
Q3 2022 13F
Filed Nov 14, 2022
|
187 | $1.3B |
|
Q2 2022 13F
Filed Aug 15, 2022
|
106 | $1.3B |
|
Q1 2022 13F
Filed May 16, 2022
|
112 | $1.8B |
|
Q4 2021 13F
Filed Feb 14, 2022
|
115 | $2.0B |
|
Q3 2021 13F
Filed Nov 15, 2021
|
114 | $1.8B |
33 earlier quarters on file — choose one from the quarter menu above.
Top 20 holdings · Q2 2026
| # | Holding | Reported value | % of portfolio |
|---|---|---|---|
| 1 | GOOG ALPHABET INC | $113.8M | 5.37% |
| 2 | AAPL APPLE INC | $69.4M | 3.27% |
| 3 | VAC 3.25 12/15/27 MARRIOTT VACATIONS WORLDWIDE | $62.2M | 2.93% |
| 4 | AMZN AMAZON COM INC | $60.2M | 2.84% |
| 5 | AMAT APPLIED MATLS INC | $58.8M | 2.77% |
| 6 | AFRM 0 11/15/26 AFFIRM HLDGS INC | $56.6M | 2.67% |
| 7 | ADI ANALOG DEVICES INC | $53.7M | 2.53% |
| 8 | MSFT MICROSOFT CORP | $52.6M | 2.48% |
| 9 | LLY ELI LILLY & CO | $52.3M | 2.47% |
| 10 | AVGO BROADCOM INC | $51.1M | 2.41% |
| 11 | V VISA INC | $48.8M | 2.3% |
| 12 | WCN WASTE CONNECTIONS INC | $46.4M | 2.19% |
| 13 | JPM JPMORGAN CHASE & CO | $45.8M | 2.16% |
| 14 | NVDA NVIDIA CORPORATION | $44.5M | 2.1% |
| 15 | PEB 1.75 12/15/26 PEBBLEBROOK HOTEL TR | $40.3M | 1.9% |
| 16 | AZO AUTOZONE INC | $40.0M | 1.89% |
| 17 | USFD US FOODS HLDG CORP | $36.1M | 1.7% |
| 18 | DHR DANAHER CORP DEL | $35.4M | 1.67% |
| 19 | RDFN 0.5 04/01/27 REDFIN CORP | $34.1M | 1.61% |
| 20 | ABBV ABBVIE INC | $34.0M | 1.6% |
Values as reported on the Q2 2026 Form 13F. Every position is in the holdings table below.