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Portfolio (Quarterly) Guide ↗

OSBORNE PARTNERS CAPITAL MANAGEMENT, LLC

· CIK 0001005607
13F Portfolio $1.9B AUM 196 positions Filed Jan 27, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 196 New
Page 2 of 10  ·  196 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 XBI SPDR SERIES TRUST 180,964.0 $22.1M 1.14% NEW $121.93 +7.2%
22 ILF ISHARES TR 669,616.0 $20.4M 1.05% NEW $30.45 +13.1%
23 TMO THERMO FISHER SCIENTIFIC INC Healthcare 35,173.0 $20.4M 1.05% NEW $579.44 -22.6%
24 MELI MERCADOLIBRE INC Consumer Cyclical 10,095.0 $20.3M 1.05% NEW $2014.26 -20.2%
25 PANW PALO ALTO NETWORKS INC Technology 108,224.0 $19.9M 1.03% NEW $184.20 +29.3%
26 SGOV ISHARES TR 197,243.0 $19.8M 1.02% NEW $100.38 +0.2%
27 MNA NEW YORK LIFE INVESTMENTS ET 547,571.0 $19.6M 1.01% NEW $35.79 +1.5%
28 TLT ISHARES TR 218,530.0 $19.0M 0.98% NEW $87.16 -4.0%
29 META META PLATFORMS INC Communication Services 28,482.0 $18.8M 0.97% NEW $660.09 -6.3%
30 GXC SPDR INDEX SHS FDS 192,532.0 $18.6M 0.96% NEW $96.81 -1.8%
31 CRM SALESFORCE INC Technology 66,638.0 $17.7M 0.91% NEW $264.91 -36.7%
32 BERKSHIRE HATHAWAY INC DEL 34,864.0 $17.5M 0.90% NEW $502.65
33 SPY SPDR S&P 500 ETF TR Financial Services 25,141.0 $17.1M 0.88% NEW $681.92 +8.4%
34 CUK CARNIVAL PLC Consumer Cyclical 558,266.0 $16.9M 0.87% NEW $30.33 -9.4%
35 BWA BORGWARNER INC Consumer Cyclical 365,492.0 $16.5M 0.85% NEW $45.06 +40.3%
36 BABA ALIBABA GROUP HLDG LTD Consumer Cyclical 107,814.0 $15.8M 0.81% NEW $146.58 -9.5%
37 V VISA INC Financial Services 44,551.0 $15.6M 0.81% NEW $350.71 -8.0%
38 LVS LAS VEGAS SANDS CORP Consumer Cyclical 233,213.0 $15.2M 0.78% NEW $65.09 -22.2%
39 TTWO TAKE-TWO INTERACTIVE SOFTWAR Communication Services 58,517.0 $15.0M 0.77% NEW $256.03 -5.3%
40 BLOCK INC 230,146.0 $15.0M 0.77% NEW $65.09
Page 2 of 10  ·  196 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 26.6%
Consumer Cyclical 18.2%
Financial Services 15.2%
Communication Services 9.9%
Healthcare 8.8%
Industrials 6.7%
Energy 4.9%
Consumer Defensive 4.9%
Basic Materials 2.9%
Real Estate 1.8%