13F HOLDINGS REPORT

OARSMAN CAPITAL, INC.

Quarter ended Q3 2023 · Filed August 10, 2023 · Accession 0001569667-23-000003

Total Value

$228.4M

Positions

176

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (176)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	MICROSOFT CORP COM	MSFT	31,460	$10.7M	4.69%
2	SCHWAB INTERNATIONAL EQUITY ETF	808524805	289,689	$10.3M	4.52%
3	SPDR PORTFOLIO S&P 500 GROWTH ETF	78464A409	167,559	$10.2M	4.48%
4	ALPHABET INC CAP STK CL C	GOOG	79,110	$9.6M	4.19%
5	VANGUARD VALUE ETF	922908744	61,358	$8.7M	3.82%
6	APPLE INC COM	AAPL	41,116	$8.0M	3.49%
7	ISHARES CORE TOTAL USD BOND MARKET ETF	46434V613	154,913	$7.0M	3.08%
8	FISERV INC COM	FISV	49,030	$6.2M	2.71%
9	O-I GLASS INC COM	OI	217,818	$4.6M	2.03%
10	INVESCO EQUAL WEIGHT ENERGY ETF - RYE	IVZ	61,558	$4.2M	1.84%
11	SPDR PORTFOLIO S&P 600 SMALL CAP ETF	78468R853	102,364	$4.0M	1.74%
12	JPMORGAN ULTRA-SHORT INCOME ETF	46641Q837	76,570	$3.8M	1.68%
13	ISHARES INTERMEDIATE GOVERNMENT/CREDIT BOND ETF	464288612	36,601	$3.8M	1.65%
14	JOHNSON & JOHNSON COM	JNJ	21,155	$3.5M	1.53%
15	ISHARES MSCI EMERGING MARKETS EX CHINA ETF	46434G764	65,908	$3.4M	1.50%
16	NVIDIA CORPORATION COM	NVDA	7,450	$3.2M	1.38%
17	ABBVIE INC COM	ABBV	22,364	$3.0M	1.32%
18	BROADCOM INC COM	AVGO	3,269	$2.8M	1.24%
19	ISHARES S&P SMALL-CAP 600 VALUE ETF	464287879	29,710	$2.8M	1.24%
20	VANGUARD S&P 500 ETF	922908363	6,557	$2.7M	1.17%
21	INVESCO OPTIMUM YIELD DIVERSIFIED COMMODITY STRATEGY NO K-1 ETF	IVZ	177,780	$2.4M	1.06%
22	ISHARES S&P SMALL-CAP 600 GROWTH ETF	464287887	20,717	$2.4M	1.04%
23	MGIC INVT CORP WIS COM	552848103	144,226	$2.3M	1.00%
24	PEPSICO INC COM	PEP	12,025	$2.2M	0.98%
25	ALPHABET INC CAP STK CL A	GOOG	17,516	$2.1M	0.92%
26	VANGUARD FTSE DEVELOPED MARKETS ETF	921943858	43,175	$2.0M	0.87%
27	UNITEDHEALTH GROUP INC COM	UNH	4,055	$1.9M	0.85%
28	CISCO SYS INC COM	CSCO	36,931	$1.9M	0.84%
29	AMAZON COM INC COM	AMZN	14,494	$1.9M	0.83%
30	WALMART INC COM	WMT	11,958	$1.9M	0.82%
31	FREEPORT-MCMORAN INC CL B	FCX	45,565	$1.8M	0.80%
32	BERKSHIRE HATHAWAY INC DEL CL B NEW	BRK-A	5,220	$1.8M	0.78%
33	QUALCOMM INC COM	QCOM	14,864	$1.8M	0.77%
34	REGAL REXNORD CORPORATION COM	RRX	11,154	$1.7M	0.75%
35	ADOBE SYSTEMS INCORPORATED COM	ADBE	3,490	$1.7M	0.75%
36	CATERPILLAR INC COM	CAT	6,890	$1.7M	0.74%
37	VERTEX PHARMACEUTICALS	VRTX	4,807	$1.7M	0.74%
38	AT&T INC COM	T-PC	104,873	$1.7M	0.73%
39	SPDR GOLD SHARES	GLD	9,269	$1.7M	0.72%
40	INVESCO S&P 500 EQUAL WEIGHT ETF	IVZ	10,996	$1.6M	0.72%
41	HUNTINGTON BANCSHARES INC COM	HBANP	150,643	$1.6M	0.71%
42	JOHNSON CTLS INTL PLC SHS	G51502105	23,407	$1.6M	0.70%
43	GOLDMAN SACHS GROUP INC COM	GSCE	4,896	$1.6M	0.69%
44	JPMORGAN CHASE & CO COM	VYLD	10,784	$1.6M	0.69%
45	WELLS FARGO CO NEW COM	949746101	34,665	$1.5M	0.65%
46	BRISTOL-MYERS SQUIBB CO COM	CELG-RI	22,829	$1.5M	0.64%
47	MEDTRONIC PLC SHS	MDT	15,919	$1.4M	0.61%
48	KROGER CO COM	KR	28,322	$1.3M	0.58%
49	ORACLE CORP COM	ORCL-PD	11,144	$1.3M	0.58%
50	SPDR PORTFOLIO S&P 400 MID CAP ETF	78464A847	28,337	$1.3M	0.57%
51	BANK AMERICA CORP COM	060505104	45,275	$1.3M	0.57%
52	ISHARES GOLD TRUST MICRO ETF OF BENEF INTEREST	IAU	65,110	$1.2M	0.55%
53	GENERAC HLDGS INC COM	GNRC	7,735	$1.2M	0.50%
54	RPM INTL INC COM	749685103	12,475	$1.1M	0.49%
55	CVS HEALTH CORP COM	CVS	15,700	$1.1M	0.48%
56	ULTA BEAUTY INC	ULTA	2,306	$1.1M	0.48%
57	KIMBERLY-CLARK CORP COM	KMB	7,832	$1.1M	0.47%
58	ASTRAZENECA PLC SPONSORED ADR	AZN	15,047	$1.1M	0.47%
59	RAYMOND JAMES FINL INC	754730109	10,270	$1.1M	0.47%
60	BERKSHIRE HATHAWAY INC DEL CL A	BRK-A	2	$1.0M	0.45%
61	CHEVRON CORP NEW COM	CVX	6,563	$1.0M	0.45%
62	WISDOMTREE INTERNATIONAL EQUITY FUND	WT	20,251	$1.0M	0.44%
63	PROCTER AND GAMBLE CO COM	742718109	6,551	$994,049	0.44%
64	MCDONALDS CORP COM	MCD	3,318	$990,124	0.43%
65	HELEN OF TROY LTD COM	HELE	9,149	$988,275	0.43%
66	SCHWAB US DIVIDEND EQUITY ETF	808524797	13,453	$976,993	0.43%
67	AMGEN INC COM	AMGN	4,340	$963,567	0.42%
68	SPDR PORTFOLIO S&P 500 VALUE ETF	78464A508	21,957	$948,544	0.42%
69	SCHWAB U.S. SMALL-CAP ETF	808524607	21,191	$928,166	0.41%
70	ABBOTT LABS COM	ABLZF	8,277	$902,359	0.40%
71	ISHARES CORE S&P MID-CAP ETF	464287507	3,372	$881,711	0.39%
72	ELI LILLY & CO COM	LLY	1,855	$870,040	0.38%
73	ACCENTURE PLC IRELAND SHS CLASS A	ACN	2,810	$867,110	0.38%
74	OLIN CORP	OLN	16,310	$838,171	0.37%
75	PAYPAL HLDGS INC COM	PYPL	12,471	$832,207	0.36%
76	CITIGROUP INC COM NEW	C-PR	17,175	$790,737	0.35%
77	TARGET CORP COM	TGT	5,688	$750,247	0.33%
78	SCHWAB U.S. LARGE-CAP GROWTH ETF	808524300	9,952	$745,922	0.33%
79	SPDR PORTFOLIO S&P 500 HIGH DIVIDEND ETF	78468R788	19,689	$730,068	0.32%
80	META PLATFORMS INC CL A	META	2,437	$699,431	0.31%
81	TESLA INC COM	TSLA	2,591	$678,246	0.30%
82	BUNGE LIMITED COM	BG	7,149	$674,508	0.30%
83	BLACKROCK MUNICIPAL INCOME COM	BLK	56,970	$651,737	0.29%
84	NOVARTIS AG SPONSORED ADR	NVSEF	6,282	$633,917	0.28%
85	ALLIANT ENERGY CORP COM	LNT	11,947	$626,979	0.27%
86	VERIZON COMMUNICATIONS INC COM	VZ	16,781	$624,082	0.27%
87	PACER US SMALL CAP CASH COWS 100 ETF	69374H857	15,143	$616,320	0.27%
88	SPDR S&P 500 ETF TRUST	SPY	1,349	$597,985	0.26%
89	WARNER BROS DISCOVERY INC COM SER A	WBD	46,827	$587,211	0.26%
90	GENUINE PARTS CO COM	GPC	3,430	$580,459	0.25%
91	ISHARES MSCI EAFE ETF	464287465	7,948	$576,260	0.25%
92	EXXON MOBIL CORP COM	XOM	5,227	$560,596	0.25%
93	XCEL ENERGY INC COM	XELLL	8,672	$539,138	0.24%
94	INVESCO QQQ TRUST SERIES I	IVZ	1,454	$536,989	0.24%
95	SCHWAB INTERNATIONAL SMALL-CAP EQUITY ETF	808524888	15,840	$534,917	0.23%
96	WEC ENERGY GROUP INC COM	WEC	5,889	$519,603	0.23%
97	INGERSOLL RAND INC COM	IR	7,840	$512,422	0.22%
98	ISHARES GLOBAL TIMBER & FORESTRY ETF	464288174	7,042	$504,876	0.22%
99	GENERAL ELECTRIC CO COM NEW	369604301	4,562	$501,136	0.22%
100	SCHWAB U.S. LARGE-CAP ETF	808524201	9,465	$495,682	0.22%
101	INTUIT COM	INTU	1,074	$492,096	0.22%
102	ISHARES CORE S&P 500 ETF	464287200	1,101	$490,921	0.21%
103	MGE ENERGY INC COM	MGEE	6,193	$489,928	0.21%
104	COSTCO WHSL CORP NEW COM	22160K105	909	$489,423	0.21%
105	SPDR DOW JONES INTERNATIONAL REAL ESTATE ETF	78463X863	19,680	$487,474	0.21%
106	VANGUARD FTSE EMERGING MARKETS ETF	922042858	11,839	$481,616	0.21%
107	WISDOMTREE EMERGING MARKETS HIGH DIVIDEND FUND	WT	12,102	$463,144	0.20%
108	PFIZER INC COM	PFE	12,341	$452,654	0.20%
109	FASTENAL CO COM	FAST	7,641	$450,743	0.20%
110	ISHARES S&P 500 VALUE ETF	464287408	2,769	$446,335	0.20%
111	VANGUARD MEGA CAP GROWTH ETF	921910816	1,702	$400,515	0.18%
112	PIMCO ENHANCED SHORT MATURITY ACTIVE ETF	72201R833	3,951	$394,152	0.17%
113	RANGE RES CORP COM	RRC	12,900	$379,260	0.17%
114	ISHARES SILVER TRUST	SLV	18,097	$378,046	0.17%
115	AMPHENOL CORP NEW CL A	032095101	4,438	$377,008	0.17%
116	ISHARES MSCI ALL COUNTRY ASIA EX JAPAN ETF	464288182	5,631	$374,124	0.16%
117	GENERAL DYNAMICS CORP COM	GD	1,728	$371,779	0.16%
118	TYLER TECHNOLOGIES INC	TYL	891	$371,075	0.16%
119	ISHARES MSCI JAPAN ETF	46434G822	5,930	$367,067	0.16%
120	UNITED AIRLS HLDGS INC COM	UNTCW	6,612	$362,800	0.16%
121	HOME DEPOT INC COM	HD	1,125	$349,589	0.15%
122	SCHWAB FUNDAMENTAL EMERGING MARKETS LARGE CO. INDEX ETF	808524730	12,943	$346,484	0.15%
123	COSTAR GROUP INC	CSGP	3,881	$345,409	0.15%
124	COTERRA ENERGY INC COM	CTRA	13,400	$339,020	0.15%
125	INVESCO CEF INCOME COMPOSITE ETF	IVZ	18,542	$335,247	0.15%
126	SPDR PORTFOLIO DEVELOPED WORLD EX-US ETF	78463X889	9,894	$321,951	0.14%
127	COPART INC COM	CPRT	3,468	$316,316	0.14%
128	WD 40 CO COM	WDFC	1,647	$310,707	0.14%
129	INTEL CORP COM	INTC	9,165	$306,478	0.13%
130	COLGATE PALMOLIVE CO COM	CL	3,963	$305,310	0.13%
131	INTERNATIONAL BUSINESS MACHS COM	INTR	2,218	$296,747	0.13%
132	EATON VANCE LTD DURATION INCOM COM	ETN	31,687	$296,590	0.13%
133	BLACKROCK MUNIASSETS FD INC COM	BLK	29,130	$296,543	0.13%
134	PAYCHEX INC COM	PAYX	2,650	$296,456	0.13%
135	DEERE & CO COM	DE	702	$284,268	0.12%
136	VANGUARD TOTAL STOCK MARKET ETF	922908769	1,284	$282,840	0.12%
137	ISHARES CORE S&P SMALL CAP ETF	464287804	2,822	$281,212	0.12%
138	BANK MONTREAL QUE COM	063671101	3,079	$278,064	0.12%
139	ISHARES CORE S&P U.S. GROWTH ETF	464287671	2,776	$271,049	0.12%
140	CALAMOS CONV & HIGH INCOME FD COM SHS	12811P108	24,119	$270,856	0.12%
141	MICROCHIP TECHNOLOGY INC. COM	MCHPP	3,016	$270,203	0.12%
142	ISHARES MSCI EMERGING MARKETS ETF	464287234	6,725	$266,041	0.12%
143	APA CORPORATION COM	APA	7,721	$263,827	0.12%
144	THERMO FISHER SCIENTIFIC INC COM	TMO	490	$255,731	0.11%
145	WALGREENS BOOTS ALLIANCE INC COM	931427108	8,920	$254,131	0.11%
146	WISDOMTREE FLOATING RATE TREASURY FUND	WT	5,037	$253,462	0.11%
147	THE CIGNA GROUP COM	125523100	895	$251,137	0.11%
148	VISA INC COM CL A	V	1,045	$248,052	0.11%
149	EMERSON ELEC CO COM	EMR	2,739	$247,578	0.11%
150	VALERO ENERGY CORP COM	VLO	2,060	$241,638	0.11%
151	NIKE INC CL B	NKE	2,183	$240,938	0.11%
152	VANGUARD SMALL-CAP ETF	922908751	1,207	$240,060	0.11%
153	ISHARES S&P 500 GROWTH ETF	464287309	3,385	$238,575	0.10%
154	PIMCO CORPORATE & INCOME OPPOR COM	PTY	16,817	$235,438	0.10%
155	IDEX CORP	45167R104	1,091	$234,849	0.10%
156	ISHARES RUSSELL MID-CAP GROWTH ETF	464287481	2,424	$234,231	0.10%
157	ISHARES MSCI ACWI EX U.S. ETF	464288240	4,732	$232,909	0.10%
158	LOWES COS INC COM	548661107	1,024	$231,117	0.10%
159	CASEYS GEN STORES INC COM	147528103	925	$225,589	0.10%
160	INVESCO MSCI GLOBAL TIMBER ETF	IVZ	7,610	$224,392	0.10%
161	AXON ENTERPRISE INC COM	AXON	1,146	$223,608	0.10%
162	DISNEY WALT CO COM	254687106	2,469	$220,401	0.10%
163	UNION PAC CORP COM	UNP	1,069	$218,747	0.10%
164	CHURCH & DWIGHT CO INC COM	CHD	2,177	$218,201	0.10%
165	PIMCO ENHANCED SHORT MATURITY ACTIVE ESG EXCHANGE-TRADED FUND	72201R643	2,224	$217,752	0.10%
166	ISHARES GOLD TRUST	IAU	5,757	$209,497	0.09%
167	TJX COS INC	872540109	2,456	$208,244	0.09%
168	INTUITIVE SURGICAL INC COM NEW	ISRG	606	$207,216	0.09%
169	DANAHER CORPORATION	235851102	853	$204,720	0.09%
170	ISHARES TIPS BOND ETF	464287176	1,900	$204,478	0.09%
171	V F CORP COM	VFC	10,659	$203,480	0.09%
172	SPDR DOW JONES GLOBAL REAL ESTATE ETF	78463X749	4,952	$203,379	0.09%
173	KINDER MORGAN INC DEL COM	EP-PC	10,728	$184,736	0.08%
174	NUVEEN MUN VALUE FD INC COM	NU	16,700	$145,290	0.06%
175	XCEL ENERGY INC COM	XELLL	2,000	$124	0.00%
176	XCEL ENERGY INC COM	XELLL	1,000	$62	0.00%