13F HOLDINGS REPORT

OARSMAN CAPITAL, INC.

Quarter ended Q1 2025 · Filed May 14, 2025 · Accession 0001569667-25-000002

Total Value

$556.6M

Positions

235

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (235)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	VANGUARD VALUE ETF	922908744	237,844	$41.1M	7.38%
2	SPDR PORTFOLIO S&P 500 GROWTH ETF	78464A409	441,487	$35.5M	6.37%
3	SCHWAB INTERNATIONAL EQUITY ETF	808524805	1,711,989	$33.9M	6.08%
4	ISHARES INTERMEDIATE GOVERNMENT/CREDIT BOND ETF	464288612	310,101	$32.9M	5.91%
5	ISHARES CORE TOTAL USD BOND MARKET ETF	46434V613	667,815	$30.8M	5.53%
6	INVESCO S&P 500 EQUAL WEIGHT ETF	IVZ	145,048	$25.1M	4.51%
7	ISHARES CORE S&P 500 ETF	464287200	29,345	$16.5M	2.96%
8	SPDR PORTFOLIO S&P 600 SMALL CAP ETF	78468R853	345,589	$14.1M	2.53%
9	JPMORGAN ULTRA-SHORT INCOME ETF	46641Q837	237,594	$12.0M	2.16%
10	ALPHABET INC CAP STK CL C	GOOG	74,421	$11.6M	2.09%
11	MICROSOFT CORP COM	MSFT	27,759	$10.4M	1.87%
12	FISERV INC COM	FISV	47,020	$10.4M	1.87%
13	ISHARES MSCI EMERGING MARKETS EX CHINA ETF	46434G764	183,334	$10.1M	1.81%
14	SPDR PORTFOLIO S&P 500 ETF	78464A854	139,398	$9.2M	1.65%
15	APPLE INC COM	AAPL	39,922	$8.9M	1.59%
16	SPDR PORTFOLIO S&P 400 MID CAP ETF	78464A847	149,902	$7.7M	1.38%
17	ISHARES RUSSELL 1000 GROWTH ETF	464287614	19,667	$7.1M	1.28%
18	NVIDIA CORPORATION COM	NVDA	65,169	$7.1M	1.27%
19	GOLDMAN SACHS PHYSICAL GOLD ETF	38150K103	171,986	$5.3M	0.95%
20	AMAZON COM INC COM	AMZN	25,817	$4.9M	0.88%
21	DIMENSIONAL U.S. SMALL CAP ETF	25434V500	81,285	$4.9M	0.87%
22	BERKSHIRE HATHAWAY INC DEL CL B	BRK-A	8,786	$4.7M	0.84%
23	INVESCO EQUAL WEIGHT ENERGY ETF	IVZ	56,514	$4.6M	0.83%
24	ISHARES CORE U.S. AGGREGATE BOND ETF	464287226	39,786	$3.9M	0.71%
25	BROADCOM INC COM	AVGO	23,278	$3.9M	0.70%
26	ABBVIE INC COM	ABBV	17,602	$3.7M	0.66%
27	INVESCO OPTIMUM YIELD DIVERSIFIED COMMODITY STRATEGY NO K-1 ETF	IVZ	267,038	$3.6M	0.65%
28	WALMART INC COM	WMT	41,119	$3.6M	0.65%
29	INTERNATIONAL BUSINESS MACHS COM	INTR	13,842	$3.4M	0.62%
30	TJX COS INC	872540109	26,134	$3.2M	0.57%
31	ALPHABET INC CAP STK CL A	GOOG	20,301	$3.1M	0.56%
32	META PLATFORMS INC CL A	META	5,407	$3.1M	0.56%
33	MEDTRONIC PLC SHS	MDT	33,333	$3.0M	0.54%
34	GOLDMAN SACHS GROUP INC COM	GSCE	5,357	$2.9M	0.53%
35	JOHNSON & JOHNSON COM	JNJ	17,572	$2.9M	0.52%
36	KROGER CO COM	KR	42,891	$2.9M	0.52%
37	WELLS FARGO CO NEW COM	949746101	38,725	$2.8M	0.50%
38	ISHARES RUSSELL 1000 VALUE ETF	464287598	14,587	$2.7M	0.49%
39	SCHWAB US AGGREGATE BOND ETF	808524839	116,234	$2.7M	0.48%
40	QUALCOMM INC COM	QCOM	17,255	$2.7M	0.48%
41	UNITEDHEALTH GROUP INC COM	UNH	4,967	$2.6M	0.47%
42	JPMORGAN REALTY INCOME ETF	46641Q126	52,503	$2.5M	0.45%
43	PARKER-HANNIFIN CORP COM	PH	4,154	$2.5M	0.45%
44	CATERPILLAR INC COM	CAT	7,581	$2.5M	0.45%
45	ISHARES MBS ETF	464288588	26,436	$2.5M	0.45%
46	AMPHENOL CORP NEW CL A	032095101	36,797	$2.4M	0.43%
47	TYLER TECHNOLOGIES INC	TYL	4,107	$2.4M	0.43%
48	PACER US SMALL CAP CASH COWS ETF	69374H857	62,829	$2.4M	0.42%
49	SPDR S&P 500 ETF TRUST	SPY	4,147	$2.3M	0.42%
50	ISHARES S&P SMALL-CAP 600 VALUE ETF	464287879	22,795	$2.2M	0.40%
51	VANGUARD FTSE DEVELOPED MARKETS ETF	921943858	43,536	$2.2M	0.40%
52	JPMORGAN CHASE & CO. COM	VYLD	8,934	$2.2M	0.39%
53	ISHARES CORE MSCI TOTAL INTERNATIONAL STOCK ETF	46432F834	31,354	$2.2M	0.39%
54	BRISTOL-MYERS SQUIBB CO COM	CELG-RI	35,640	$2.2M	0.39%
55	JPMORGAN CORE PLUS BOND ETF	46641Q670	45,049	$2.1M	0.38%
56	VERTEX PHARMACEUTICALS	VRTX	4,342	$2.1M	0.38%
57	JOHNSON CTLS INTL PLC SHS	G51502105	25,666	$2.1M	0.37%
58	GRAINGER W W INC COM	384802104	2,049	$2.0M	0.36%
59	CISCO SYS INC COM	CSCO	32,278	$2.0M	0.36%
60	VANGUARD TOTAL STOCK MARKET ETF	922908769	7,201	$2.0M	0.36%
61	BLUE OWL CAPITAL CORPORATION COM	OWL	134,055	$2.0M	0.35%
62	FREEPORT-MCMORAN INC CL B	FCX	50,624	$1.9M	0.34%
63	ISHARES S&P SMALL-CAP 600 GROWTH ETF	464287887	15,323	$1.9M	0.34%
64	ADOBE INC COM	ADBE	4,933	$1.9M	0.34%
65	SPDR GOLD SHARES	GLD	6,548	$1.9M	0.34%
66	BANK AMERICA CORP COM	060505104	44,338	$1.9M	0.33%
67	GLOBAL X MLP & ENERGY INFRASTRUCTURE ETF	37954Y293	27,638	$1.8M	0.32%
68	ASTRAZENECA PLC SPONSORED ADR	AZN	23,705	$1.7M	0.31%
69	OREILLY AUTOMOTIVE INC COM	67103H107	1,214	$1.7M	0.31%
70	VANGUARD S&P 500 ETF	922908363	3,349	$1.7M	0.31%
71	GLOBAL X CYBERSECURITY ETF	37954Y384	50,457	$1.6M	0.29%
72	PEPSICO INC COM	PEP	10,794	$1.6M	0.29%
73	LEIDOS HOLDINGS INC COM	LDOS	11,880	$1.6M	0.29%
74	CUMMINS INC COM	CMI	5,079	$1.6M	0.29%
75	HUNTINGTON BANCSHARES INC COM	HBANP	105,500	$1.6M	0.28%
76	ELI LILLY & CO COM	LLY	1,882	$1.6M	0.28%
77	O-I GLASS INC COM	OI	135,433	$1.6M	0.28%
78	MGIC INVT CORP WIS COM	552848103	61,199	$1.5M	0.27%
79	ISHARES GOLD TRUST MICRO ETF OF BENEF INTEREST	IAU	48,450	$1.5M	0.27%
80	RAYMOND JAMES FINL INC	754730109	10,866	$1.5M	0.27%
81	OLIN CORP	OLN	56,802	$1.4M	0.25%
82	CITIGROUP INC COM NEW	C-PR	18,864	$1.3M	0.24%
83	COSTCO WHSL CORP NEW COM	22160K105	1,350	$1.3M	0.23%
84	ORACLE CORP COM	ORCL-PD	9,029	$1.3M	0.23%
85	ISHARES ESG SELECT S&P MIDCAP ETF	464287507	21,634	$1.3M	0.23%
86	DISNEY WALT CO COM	254687106	12,638	$1.2M	0.22%
87	ISHARES 3-7 YEAR TREASURY BOND ETF	464288661	10,214	$1.2M	0.22%
88	VERIZON COMMUNICATIONS	VZ	26,463	$1.2M	0.22%
89	INTUIT COM	INTU	1,944	$1.2M	0.21%
90	ISHARES NATIONAL MUNI BOND ETF	464288414	11,001	$1.2M	0.21%
91	ISHARES CORE 1-5 YEAR USD BOND ETF	46432F859	23,466	$1.1M	0.20%
92	RPM INTL INC COM	749685103	9,365	$1.1M	0.19%
93	UNITED PARCEL SERVICE INC CL B	UPS	9,499	$1.0M	0.19%
94	PROCTER AND GAMBLE CO COM	742718109	5,850	$996,957	0.18%
95	COMCAST CORP NEW CL A	CCZ	26,939	$994,035	0.18%
96	SCHWAB INTERNATIONAL SMALL-CAP EQUITY ETF	808524888	27,597	$990,181	0.18%
97	COHEN & STEERS REIT & PFD & IN COM	19247X100	44,000	$971,080	0.17%
98	COTERRA ENERGY INC COM	CTRA	32,957	$952,467	0.17%
99	CHEVRON CORP NEW COM	CVX	5,533	$925,555	0.17%
100	ISHARES RUSSELL MID-CAP GROWTH ETF	464287481	7,741	$909,490	0.16%
101	PFIZER INC COM	PFE	34,604	$876,872	0.16%
102	MCDONALDS CORP COM	MCD	2,805	$876,198	0.16%
103	WISDOMTREE INTERNATIONAL EQUITY FUND	WT	15,034	$874,301	0.16%
104	SCHWAB U.S. SMALL-CAP ETF	808524607	37,114	$869,581	0.16%
105	SCHWAB U.S. BROAD MARKET ETF	808524102	37,566	$808,794	0.15%
106	SCHWAB US DIVIDEND EQUITY ETF	808524797	28,925	$808,753	0.15%
107	TESLA INC COM	TSLA	3,104	$804,433	0.14%
108	BERKSHIRE HATHAWAY INC DEL CL A	BRK-A	1	$798,442	0.14%
109	AMGEN INC COM	AMGN	2,542	$791,960	0.14%
110	AXON ENTERPRISE INC COM	AXON	1,475	$775,776	0.14%
111	ACCENTURE PLC IRELAND SHS CLASS A	ACN	2,422	$755,761	0.14%
112	ABBOTT LABS COM	ABLZF	5,537	$734,483	0.13%
113	COPART INC COM	CPRT	12,158	$688,021	0.12%
114	MASTERCARD INCORPORATED CL A	MA	1,220	$668,706	0.12%
115	FIRST TRUST GLOBAL TACTICAL COMMODITY STRATEGY FUND	33739H101	25,414	$648,564	0.12%
116	INTUITIVE SURGICAL INC COM NEW	ISRG	1,268	$628,002	0.11%
117	INGERSOLL RAND INC COM	IR	7,840	$627,435	0.11%
118	GENERAL DYNAMICS CORP COM	GD	2,301	$627,207	0.11%
119	INVESCO QQQ TRUST SERIES I	IVZ	1,321	$619,548	0.11%
120	SCHWAB U.S. LARGE-CAP ETF	808524201	27,676	$611,086	0.11%
121	COSTAR GROUP INC	CSGP	7,565	$599,375	0.11%
122	NOVARTIS AG SPONSORED ADR	NVSEF	5,359	$597,421	0.11%
123	FASTENAL CO COM	FAST	7,582	$587,984	0.11%
124	XCEL ENERGY INC COM	XELLL	8,272	$585,575	0.11%
125	ISHARES MSCI EAFE ETF	464287465	7,122	$582,081	0.10%
126	ALLIANT ENERGY CORP COM	LNT	8,744	$562,676	0.10%
127	ISHARES CORE MSCI EAFE ETF	46432F842	7,281	$550,808	0.10%
128	EXXON MOBIL CORP COM	XOM	4,616	$548,943	0.10%
129	SCHWAB U.S. LARGE-CAP GROWTH ETF	808524300	21,284	$532,951	0.10%
130	WEC ENERGY GROUP INC COM	WEC	4,807	$523,867	0.09%
131	VISA INC COM CL A	V	1,495	$523,851	0.09%
132	HOME DEPOT INC COM	HD	1,395	$511,138	0.09%
133	PROGRESSIVE CORP COM	743315103	1,796	$508,286	0.09%
134	AT&T INC COM	T-PC	17,875	$505,514	0.09%
135	WARNER BROS DISCOVERY SER A	WBD	45,403	$487,174	0.09%
136	MARCUS CORP DEL COM	MCS	28,475	$475,248	0.09%
137	SPDR PORTFOLIO S&P 500 HIGH DIVIDEND ETF	78468R788	10,733	$475,050	0.09%
138	ISHARES 0-3 MONTH TREASURY BOND ETF	46436E718	4,537	$456,740	0.08%
139	ISHARES GLOBAL INFRASTRUCTURE ETF	464288372	8,292	$453,324	0.08%
140	SPDR PORTFOLIO S&P 500 VALUE ETF	78464A508	8,597	$439,044	0.08%
141	ISHARES MSCI ACWI EX U.S. ETF	464288240	7,856	$435,615	0.08%
142	WD 40 CO COM	WDFC	1,774	$432,856	0.08%
143	VANGUARD FTSE EMERGING MARKETS ETF	922042858	9,511	$430,481	0.08%
144	API GROUP CORP COM STK	APG	12,014	$429,621	0.08%
145	SCHWAB U.S. LARGE-CAP VALUE ETF	808524409	16,120	$428,470	0.08%
146	MARVELL TECHNOLOGY INC COM	MRVL	6,913	$425,635	0.08%
147	KIMBERLY-CLARK CORP COM	KMB	2,982	$424,043	0.08%
148	ISHARES BITCOIN TRUST ETF	IBIT	8,924	$417,732	0.08%
149	BLACKROCK MUNIASSETS FD INC COM	BLK	38,260	$414,361	0.07%
150	MGE ENERGY INC COM	MGEE	4,455	$414,137	0.07%
151	ISHARES CORE S&P U.S. GROWTH ETF	464287671	3,176	$403,606	0.07%
152	CASEYS GEN STORES INC COM	147528103	925	$401,487	0.07%
153	NETFLIX INC COM	NFLX	428	$399,123	0.07%
154	VANGUARD MEGA CAP GROWTH ETF	921910816	1,244	$384,247	0.07%
155	ISHARES S&P 500 VALUE ETF	464287408	1,992	$379,635	0.07%
156	UBER TECHNOLOGIES INC COM	UBER	5,018	$365,611	0.07%
157	INVESCO BULLETSHARES 2028 CB ETF	IVZ	17,862	$363,492	0.07%
158	TRANSDIGM GROUP INC COM	TDG	261	$361,039	0.06%
159	HILTON WORLDWIDE HLDGS INC COM	HLT	1,575	$358,391	0.06%
160	AUTODESK INC COM	ADSK	1,351	$353,692	0.06%
161	WISDOMTREE EMERGING MARKETS HIGH DIVIDEND FUND	WT	8,357	$351,663	0.06%
162	VERISK ANALYTICS INC COM	VRSK	1,179	$350,894	0.06%
163	COLGATE PALMOLIVE CO COM	CL	3,710	$347,627	0.06%
164	US BANCORP DEL COM NEW	USB-PS	8,134	$343,417	0.06%
165	SERVICENOW INC COM	NOW	426	$339,156	0.06%
166	ISHARES CORE S&P SMALL CAP ETF	464287804	3,237	$338,493	0.06%
167	PALANTIR TECHNOLOGIES INC CL A	PLTR	3,985	$336,334	0.06%
168	PAYCHEX INC COM	PAYX	2,145	$330,931	0.06%
169	SPDR BLOOMBERG ENHANCED ROLL YIELD COMMODITY STRATEGY NO K-1 ETF	78468R440	11,785	$326,572	0.06%
170	VANGUARD SMALL-CAP ETF	922908751	1,469	$325,737	0.06%
171	VANGUARD TOTAL BOND MARKET ETF	921937835	4,412	$324,061	0.06%
172	PRUDENTIAL FINL INC COM	PUKPF	2,870	$320,522	0.06%
173	UNITED AIRLS HLDGS INC COM	UNTCW	4,581	$316,318	0.06%
174	ZOETIS INC CL A	ZTS	1,913	$314,975	0.06%
175	INTERCONTINENTAL EXCHANGE INC COM	45866F104	1,822	$314,295	0.06%
176	SCHWAB CHARLES CORP COM	SCHW-PJ	3,982	$311,730	0.06%
177	S&P GLOBAL INC COM	SPGI	613	$311,465	0.06%
178	SCHWAB FUNDAMENTAL EMERGING MARKETS EQUITY ETF	808524730	10,110	$311,388	0.06%
179	ISHARES MSCI ALL COUNTRY ASIA EX JAPAN ETF	464288182	4,016	$297,184	0.05%
180	THE CIGNA GROUP COM	125523100	895	$294,455	0.05%
181	THERMO FISHER SCIENTIFIC INC COM	TMO	587	$292,098	0.05%
182	CHURCH & DWIGHT CO INC COM	CHD	2,632	$289,757	0.05%
183	PHILIP MORRIS INTL INC COM	718172109	1,796	$285,126	0.05%
184	ISHARES S&P 500 GROWTH ETF	464287309	3,047	$282,853	0.05%
185	ISHARES MSCI EMERGING MARKETS ETF	464287234	6,407	$279,986	0.05%
186	CADENCE DESIGN SYSTEM INC COM	CDNS	1,099	$279,509	0.05%
187	DANAHER CORPORATION	235851102	1,356	$277,980	0.05%
188	GENUINE PARTS CO COM	GPC	2,320	$276,405	0.05%
189	DEERE & CO COM	DE	588	$276,108	0.05%
190	SALESFORCE INC COM	CRM	1,023	$274,629	0.05%
191	CINTAS CORP COM	CTAS	1,321	$271,505	0.05%
192	RANGE RES CORP COM	RRC	6,735	$268,929	0.05%
193	TOTALENERGIES SE SPONSORED ADS	TTE	4,064	$262,900	0.05%
194	T. ROWE PRICE EQUITY INCOME ETF	87283Q206	6,213	$260,167	0.05%
195	HEICO CORP NEW CL A	HEI-A	1,207	$254,641	0.05%
196	GSK PLC SPONSORED ADR	GLAXF	6,554	$253,902	0.05%
197	UNION PAC CORP COM	UNP	1,069	$252,597	0.05%
198	ANSYS INC COM	03662Q105	783	$247,866	0.04%
199	ADVANCED DRAIN SYS INC DEL COM	00790R104	2,278	$247,505	0.04%
200	WORKDAY INC CL A	WDAY	1,051	$245,440	0.04%
201	LOWES COS INC COM	548661107	1,035	$241,393	0.04%
202	STERIS PLC SHS USD	STE	1,039	$235,489	0.04%
203	ISHARES MSCI JAPAN ETF	46434G822	3,423	$234,681	0.04%
204	ISHARES CORE DIVIDEND GROWTH ETF	46434V621	3,767	$232,725	0.04%
205	WATSCO INC COM	WSO-B	453	$230,260	0.04%
206	GRAYSCALE BITCOIN TRUST ETF	GBTC	3,523	$229,594	0.04%
207	ISHARES RUSSELL MID-CAP VALUE ETF	464287473	1,807	$227,628	0.04%
208	ZIMMER BIOMET HOLDINGS INC COM	ZBH	2,011	$227,605	0.04%
209	GARTNER INC COM	IT	535	$224,561	0.04%
210	GLOBE LIFE INC COM	GL-PD	1,680	$221,290	0.04%
211	PAYPAL HLDGS INC COM	PYPL	3,365	$219,566	0.04%
212	ISHARES SILVER TRUST	SLV	7,047	$218,387	0.04%
213	VANGUARD FTSE ALL-WORLD EX-US ETF	922042775	3,576	$216,948	0.04%
214	AMERICAN EXPRESS CO COM	AXP	789	$212,280	0.04%
215	TARGET CORP COM	TGT	2,031	$211,912	0.04%
216	BOEING CO COM	BA-PA	1,241	$211,653	0.04%
217	UNILEVER PLC SPON ADR NEW	UNLYF	3,547	$211,224	0.04%
218	DOLLAR TREE INC COM	DLTR	2,813	$211,172	0.04%
219	ISHARES MSCI EAFE VALUE ETF	464288877	3,579	$210,946	0.04%
220	SANOFI SPONSORED ADR	SNYNF	3,743	$207,587	0.04%
221	TRAVELERS COMPANIES INC COM	TRV	777	$205,485	0.04%
222	APPLIED MATLS INC COM	038222105	1,413	$205,055	0.04%
223	SPDR PORTFOLIO DEVELOPED WORLD EX-US ETF	78463X889	5,630	$204,988	0.04%
224	NXP SEMICONDUCTORS N V COM	NXPI	1,078	$204,885	0.04%
225	TEXAS ROADHOUSE INC COM	TXRH	1,219	$203,122	0.04%
226	ULTA BEAUTY INC	ULTA	552	$202,330	0.04%
227	KENVUE INC COM	KVUE	8,368	$200,665	0.04%
228	RIVIAN AUTOMOTIVE INC COM CL A	RIVN	11,713	$145,827	0.03%
229	BLACKROCK CR ALLOCATION INCOME COM	BLK	11,558	$123,897	0.02%
230	NUVEEN MUN VALUE FD INC COM	NU	12,942	$113,502	0.02%
231	AGNC INVT CORP COM	00123Q104	10,877	$104,202	0.02%
232	HANESBRANDS INC COM	410345102	10,800	$62,316	0.01%
233	URANIUM ENERGY CORP COM	UEC	10,000	$47,800	0.01%
234	TESLA INC COM	TSLA	100	$25,916	0.00%
235	TESLA INC COM	TSLA	100	$25,916	0.00%