13F HOLDINGS REPORT
OSBORNE PARTNERS CAPITAL MANAGEMENT, LLC
Quarter ended Q4 2025 · Filed January 27, 2026 · Accession 0001765380-26-000042
Total Value
$1.94B
Positions
196
Other Managers
0
Confidential Omitted
No
Holdings (196)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | VANGUARD INTL EQUITY INDEX F | 922042775 | 1,855,761 | $136.5M | 7.03% |
| 2 | APPLE INC | AAPL | 284,356 | $77.3M | 3.98% |
| 3 | MICROSOFT CORP | MSFT | 134,267 | $64.9M | 3.34% |
| 4 | VANGUARD INTL EQUITY INDEX F | 922042858 | 1,187,290 | $63.8M | 3.29% |
| 5 | ISHARES INC | 46434G822 | 527,152 | $42.6M | 2.19% |
| 6 | VANGUARD INTL EQUITY INDEX F | 922042874 | 488,540 | $40.8M | 2.10% |
| 7 | VANGUARD INDEX FDS | 922908553 | 454,327 | $40.2M | 2.07% |
| 8 | ALPHABET INC | GOOG | 120,978 | $38.0M | 1.96% |
| 9 | NVIDIA CORPORATION | NVDA | 197,016 | $36.7M | 1.89% |
| 10 | JPMORGAN CHASE & CO. | VYLD | 110,574 | $35.6M | 1.83% |
| 11 | AMAZON COM INC | AMZN | 140,311 | $32.4M | 1.67% |
| 12 | SPDR INDEX SHS FDS | 78463X863 | 1,148,055 | $32.1M | 1.66% |
| 13 | SSGA ACTIVE ETF TR | 78467V608 | 768,820 | $31.7M | 1.63% |
| 14 | ISHARES TR | 46434V878 | 565,427 | $28.6M | 1.47% |
| 15 | ALPHABET INC | GOOG | 90,218 | $28.2M | 1.45% |
| 16 | GLOBAL X FDS | 37954Y491 | 609,314 | $27.8M | 1.43% |
| 17 | BARCLAYS BANK PLC | VXZ | 736,022 | $27.7M | 1.43% |
| 18 | ADVANCED MICRO DEVICES INC | AMD | 108,750 | $23.3M | 1.20% |
| 19 | ISHARES INC | 464286814 | 393,201 | $22.4M | 1.15% |
| 20 | DANAHER CORPORATION | 235851102 | 97,701 | $22.4M | 1.15% |
| 21 | SPDR SERIES TRUST | 78464A870 | 180,964 | $22.1M | 1.14% |
| 22 | ISHARES TR | 464287390 | 669,616 | $20.4M | 1.05% |
| 23 | THERMO FISHER SCIENTIFIC INC | TMO | 35,173 | $20.4M | 1.05% |
| 24 | MERCADOLIBRE INC | MELI | 10,095 | $20.3M | 1.05% |
| 25 | PALO ALTO NETWORKS INC | PANW | 108,224 | $19.9M | 1.03% |
| 26 | ISHARES TR | 46436E718 | 197,243 | $19.8M | 1.02% |
| 27 | NEW YORK LIFE INVESTMENTS ET | 45409B800 | 547,571 | $19.6M | 1.01% |
| 28 | ISHARES TR | 464287432 | 218,530 | $19.0M | 0.98% |
| 29 | META PLATFORMS INC | META | 28,482 | $18.8M | 0.97% |
| 30 | SPDR INDEX SHS FDS | 78463X400 | 192,532 | $18.6M | 0.96% |
| 31 | SALESFORCE INC | CRM | 66,638 | $17.7M | 0.91% |
| 32 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 34,864 | $17.5M | 0.90% |
| 33 | SPDR S&P 500 ETF TR | SPY | 25,141 | $17.1M | 0.88% |
| 34 | CARNIVAL PLC | CUKPF | 558,266 | $16.9M | 0.87% |
| 35 | BORGWARNER INC | BWA | 365,492 | $16.5M | 0.85% |
| 36 | ALIBABA GROUP HLDG LTD | BBAAY | 107,814 | $15.8M | 0.81% |
| 37 | VISA INC | V | 44,551 | $15.6M | 0.80% |
| 38 | LAS VEGAS SANDS CORP | LVS | 233,213 | $15.2M | 0.78% |
| 39 | TAKE-TWO INTERACTIVE SOFTWAR | TTWO | 58,517 | $15.0M | 0.77% |
| 40 | BLOCK INC | BSQKZ | 230,146 | $15.0M | 0.77% |
| 41 | WALMART INC | WMT | 133,821 | $14.9M | 0.77% |
| 42 | COLUMBIA ETF TR II | 19762B707 | 229,351 | $14.9M | 0.77% |
| 43 | ISHARES TR | 46435G102 | 150,648 | $14.8M | 0.76% |
| 44 | MARSH & MCLENNAN COS INC | 571748102 | 78,816 | $14.6M | 0.75% |
| 45 | RYANAIR HOLDINGS PLC | RYAOF | 201,862 | $14.6M | 0.75% |
| 46 | ISHARES GOLD TR | IAU | 176,107 | $14.3M | 0.74% |
| 47 | CHENIERE ENERGY INC | LNG | 73,440 | $14.3M | 0.74% |
| 48 | UNION PAC CORP | UNP | 58,991 | $13.6M | 0.70% |
| 49 | DISNEY WALT CO | 254687106 | 119,598 | $13.6M | 0.70% |
| 50 | ABBOTT LABS | ABLZF | 107,904 | $13.5M | 0.70% |
| 51 | WISDOMTREE TR | WT | 513,243 | $13.2M | 0.68% |
| 52 | AUTOMATIC DATA PROCESSING IN | ADP | 51,187 | $13.2M | 0.68% |
| 53 | TRIP COM GROUP LTD | TRPCF | 175,820 | $12.6M | 0.65% |
| 54 | VANGUARD SCOTTSDALE FDS | 92206C409 | 157,207 | $12.5M | 0.65% |
| 55 | MGM RESORTS INTERNATIONAL | MGM | 342,653 | $12.5M | 0.64% |
| 56 | NXP SEMICONDUCTORS N V | NXPI | 57,062 | $12.4M | 0.64% |
| 57 | EXXON MOBIL CORP | XOM | 101,556 | $12.2M | 0.63% |
| 58 | GOLDMAN SACHS PHYSICAL GOLD | 38150K103 | 281,522 | $12.0M | 0.62% |
| 59 | INVESCO EXCHANGE TRADED FD T | IVZ | 240,139 | $11.3M | 0.58% |
| 60 | AIR PRODS & CHEMS INC | AIIR | 45,516 | $11.2M | 0.58% |
| 61 | VULCAN MATLS CO | 929160109 | 38,839 | $11.1M | 0.57% |
| 62 | BOOKING HOLDINGS INC | BKNG | 2,067 | $11.1M | 0.57% |
| 63 | JPMORGAN CHASE FINL CO LLC | VYLD | 368,629 | $11.0M | 0.57% |
| 64 | NIKE INC | NKE | 169,148 | $10.8M | 0.56% |
| 65 | COSTCO WHSL CORP NEW | 22160K105 | 12,427 | $10.7M | 0.55% |
| 66 | PROCTER AND GAMBLE CO | 742718109 | 70,931 | $10.2M | 0.52% |
| 67 | KINDER MORGAN INC DEL | EP-PC | 366,818 | $10.1M | 0.52% |
| 68 | RTX CORPORATION | RTX | 54,144 | $9.9M | 0.51% |
| 69 | CVS HEALTH CORP | CVS | 119,859 | $9.5M | 0.49% |
| 70 | LOWES COS INC | 548661107 | 39,231 | $9.5M | 0.49% |
| 71 | CBRE GROUP INC | CBRE | 57,751 | $9.3M | 0.48% |
| 72 | ICON PLC | ICLR | 50,879 | $9.3M | 0.48% |
| 73 | ISHARES TR | 464288240 | 138,020 | $9.3M | 0.48% |
| 74 | SLB LIMITED | SLB | 240,737 | $9.2M | 0.48% |
| 75 | PEPSICO INC | PEP | 62,379 | $9.0M | 0.46% |
| 76 | NICE LTD | NCSYF | 77,760 | $8.8M | 0.45% |
| 77 | PHILLIPS 66 | PSX | 67,687 | $8.7M | 0.45% |
| 78 | VANGUARD INDEX FDS | 922908736 | 17,797 | $8.7M | 0.45% |
| 79 | KEYSIGHT TECHNOLOGIES INC | KEYS | 42,636 | $8.7M | 0.45% |
| 80 | POOL CORP | POOL | 37,623 | $8.6M | 0.44% |
| 81 | FIRST BUSEY CORP | BUSEP | 361,138 | $8.6M | 0.44% |
| 82 | CAESARS ENTERTAINMENT INC NE | 12769G100 | 364,449 | $8.5M | 0.44% |
| 83 | UNITEDHEALTH GROUP INC | UNH | 25,002 | $8.3M | 0.43% |
| 84 | VANGUARD INDEX FDS | 922908769 | 24,473 | $8.2M | 0.42% |
| 85 | GLOBAL PMTS INC | 37940X102 | 103,651 | $8.0M | 0.41% |
| 86 | ASML HOLDING N V | ASMLF | 7,474 | $8.0M | 0.41% |
| 87 | VANGUARD SPECIALIZED FUNDS | 921908844 | 36,291 | $8.0M | 0.41% |
| 88 | PLANET FITNESS INC | PLNT | 72,282 | $7.8M | 0.40% |
| 89 | VANGUARD SCOTTSDALE FDS | 92206C870 | 87,087 | $7.3M | 0.38% |
| 90 | FIDELITY NATL INFORMATION SV | 31620M106 | 108,128 | $7.2M | 0.37% |
| 91 | ERMENEGILDO ZEGNA N V | ZGN | 699,321 | $7.2M | 0.37% |
| 92 | WILLSCOT HLDGS CORP | WSC | 363,321 | $6.8M | 0.35% |
| 93 | PHILIP MORRIS INTL INC | 718172109 | 42,044 | $6.7M | 0.35% |
| 94 | ISHARES TR | 464287614 | 14,147 | $6.7M | 0.34% |
| 95 | HOME DEPOT INC | HD | 19,096 | $6.6M | 0.34% |
| 96 | VANGUARD INDEX FDS | 922908744 | 33,060 | $6.3M | 0.33% |
| 97 | ELASTIC N V | ESTC | 80,039 | $6.0M | 0.31% |
| 98 | WORKDAY INC | WDAY | 27,043 | $5.8M | 0.30% |
| 99 | SUN CMNTYS INC | 866674104 | 46,760 | $5.8M | 0.30% |
| 100 | TREX CO INC | TREX | 149,836 | $5.3M | 0.27% |
| 101 | PROLOGIS INC. | PLDGP | 38,433 | $4.9M | 0.25% |
| 102 | FREEPORT-MCMORAN INC | FCX | 91,330 | $4.6M | 0.24% |
| 103 | NUCOR CORP | NUE | 28,200 | $4.6M | 0.24% |
| 104 | AIR LEASE CORP | AIIR | 70,375 | $4.5M | 0.23% |
| 105 | APOLLO GLOBAL MGMT INC | 03769M106 | 29,672 | $4.3M | 0.22% |
| 106 | INVESCO EXCHANGE TRADED FD T | IVZ | 34,064 | $4.0M | 0.20% |
| 107 | AMGEN INC | AMGN | 12,110 | $4.0M | 0.20% |
| 108 | JOHNSON & JOHNSON | JNJ | 18,568 | $3.8M | 0.20% |
| 109 | TRAVELERS COMPANIES INC | TRV | 13,150 | $3.8M | 0.20% |
| 110 | ELI LILLY & CO | LLY | 3,479 | $3.7M | 0.19% |
| 111 | AMERICAN EXPRESS CO | AXP | 10,027 | $3.7M | 0.19% |
| 112 | CATERPILLAR INC | CAT | 6,245 | $3.6M | 0.18% |
| 113 | PFIZER INC | PFE | 134,851 | $3.4M | 0.17% |
| 114 | QUANTA SVCS INC | 74762E102 | 7,358 | $3.1M | 0.16% |
| 115 | ISHARES TR | 464287200 | 4,225 | $2.9M | 0.15% |
| 116 | YUM BRANDS INC | YUM | 17,900 | $2.7M | 0.14% |
| 117 | ABBVIE INC | ABBV | 11,695 | $2.7M | 0.14% |
| 118 | ISHARES TR | 464287598 | 12,608 | $2.7M | 0.14% |
| 119 | MONDELEZ INTL INC | 609207105 | 44,989 | $2.4M | 0.12% |
| 120 | GOLDMAN SACHS ETF TR | NVGLF | 27,915 | $2.4M | 0.12% |
| 121 | COCA COLA CO | KO | 33,702 | $2.4M | 0.12% |
| 122 | INVESCO EXCHANGE TRADED FD T | IVZ | 11,413 | $2.2M | 0.11% |
| 123 | BROADCOM INC | AVGO | 5,631 | $1.9M | 0.10% |
| 124 | ISHARES TR | 464287168 | 12,914 | $1.8M | 0.09% |
| 125 | CISCO SYS INC | CSCO | 23,639 | $1.8M | 0.09% |
| 126 | CHEVRON CORP NEW | CVX | 11,173 | $1.7M | 0.09% |
| 127 | ISHARES TR | 464287465 | 16,955 | $1.6M | 0.08% |
| 128 | ORACLE CORP | ORCL-PD | 8,246 | $1.6M | 0.08% |
| 129 | WELLS FARGO CO NEW | 949746101 | 16,712 | $1.6M | 0.08% |
| 130 | GE AEROSPACE | 369604301 | 4,892 | $1.5M | 0.08% |
| 131 | INVESCO QQQ TR | IVZ | 2,422 | $1.5M | 0.08% |
| 132 | ISHARES TR | 464287655 | 5,910 | $1.5M | 0.07% |
| 133 | DEERE & CO | DE | 3,052 | $1.4M | 0.07% |
| 134 | VANGUARD TAX-MANAGED FDS | 921943858 | 21,524 | $1.3M | 0.07% |
| 135 | ISHARES U S ETF TR | 46431W507 | 24,400 | $1.2M | 0.06% |
| 136 | SPDR S&P MIDCAP 400 ETF TR | MDY | 2,034 | $1.2M | 0.06% |
| 137 | ISHARES TR | 464287234 | 20,910 | $1.1M | 0.06% |
| 138 | SPDR SERIES TRUST | 78464A607 | 10,924 | $1.1M | 0.06% |
| 139 | AUTOZONE INC | AZO | 303 | $1.0M | 0.05% |
| 140 | INTERNATIONAL BUSINESS MACHS | INTR | 2,892 | $856,639 | 0.04% |
| 141 | NEXTERA ENERGY INC | NEE-PW | 10,652 | $855,143 | 0.04% |
| 142 | YUM CHINA HLDGS INC | YUMC | 17,900 | $854,546 | 0.04% |
| 143 | LAM RESEARCH CORP | LRCX | 4,101 | $702,009 | 0.04% |
| 144 | SCHWAB CHARLES CORP | SCHW-PJ | 6,979 | $697,272 | 0.04% |
| 145 | GE VERNOVA INC | GEV | 1,060 | $692,784 | 0.04% |
| 146 | RALLIANT CORP | RAL | 13,150 | $669,467 | 0.03% |
| 147 | ISHARES TR | 464287622 | 1,754 | $655,014 | 0.03% |
| 148 | ECOLAB INC | ECL | 2,428 | $637,399 | 0.03% |
| 149 | ISHARES TR | 464287499 | 6,600 | $635,382 | 0.03% |
| 150 | VANGUARD INTL EQUITY INDEX F | 922042676 | 13,376 | $613,156 | 0.03% |
| 151 | ISHARES TR | 46435G425 | 4,082 | $608,136 | 0.03% |
| 152 | CSX CORP | CSX | 16,604 | $601,895 | 0.03% |
| 153 | OMEGA HEALTHCARE INVS INC | 681936100 | 13,055 | $578,859 | 0.03% |
| 154 | MICRON TECHNOLOGY INC | MU | 1,810 | $516,592 | 0.03% |
| 155 | ISHARES TR | 464288877 | 6,985 | $498,799 | 0.03% |
| 156 | ISHARES TR | 464287507 | 7,062 | $466,107 | 0.02% |
| 157 | BOEING CO | BA-PA | 2,125 | $461,380 | 0.02% |
| 158 | ABM INDS INC | 000957100 | 10,900 | $461,070 | 0.02% |
| 159 | APPLIED MATLS INC | 038222105 | 1,759 | $452,045 | 0.02% |
| 160 | SHELL PLC | RYDAF | 6,015 | $441,982 | 0.02% |
| 161 | CADENCE DESIGN SYSTEM INC | CDNS | 1,400 | $437,612 | 0.02% |
| 162 | VANGUARD INDEX FDS | 922908363 | 696 | $436,482 | 0.02% |
| 163 | VANGUARD STAR FDS | 921909768 | 5,150 | $388,516 | 0.02% |
| 164 | CF INDS HLDGS INC | 125269100 | 4,983 | $385,385 | 0.02% |
| 165 | J P MORGAN EXCHANGE TRADED F | 46641Q332 | 6,555 | $375,208 | 0.02% |
| 166 | ISHARES TR | 46434V738 | 5,060 | $359,159 | 0.02% |
| 167 | SCHWAB STRATEGIC TR | 808524201 | 13,200 | $355,212 | 0.02% |
| 168 | MCDONALDS CORP | MCD | 1,120 | $342,306 | 0.02% |
| 169 | ISHARES TR | 464287150 | 2,258 | $335,742 | 0.02% |
| 170 | MORGAN STANLEY | MS-PQ | 1,875 | $332,869 | 0.02% |
| 171 | BANK AMERICA CORP | 060505104 | 5,689 | $312,895 | 0.02% |
| 172 | TESLA INC | TSLA | 692 | $311,206 | 0.02% |
| 173 | VANGUARD INDEX FDS | 922908751 | 1,203 | $310,427 | 0.02% |
| 174 | MASTERCARD INCORPORATED | MA | 541 | $308,655 | 0.02% |
| 175 | GLOBAL X FDS | 37954Y830 | 4,247 | $304,892 | 0.02% |
| 176 | ISHARES TR | 46429B671 | 4,965 | $298,248 | 0.02% |
| 177 | OGE ENERGY CORP | OGE | 6,500 | $277,550 | 0.01% |
| 178 | TE CONNECTIVITY PLC | TEL | 1,199 | $272,784 | 0.01% |
| 179 | ISHARES TR | 464288224 | 16,385 | $269,206 | 0.01% |
| 180 | COMCAST CORP NEW | CCZ | 8,661 | $258,877 | 0.01% |
| 181 | VANGUARD INDEX FDS | 922908629 | 876 | $254,233 | 0.01% |
| 182 | MERCK & CO INC | MRK | 2,411 | $253,767 | 0.01% |
| 183 | VANECK ETF TRUST | 92189F502 | 1,956 | $253,546 | 0.01% |
| 184 | INVESCO EXCHANGE TRADED FD T | IVZ | 3,577 | $251,855 | 0.01% |
| 185 | D R HORTON INC | 23331A109 | 1,747 | $251,620 | 0.01% |
| 186 | AMERICAN TOWER CORP NEW | 03027X100 | 1,300 | $228,241 | 0.01% |
| 187 | LINDE PLC | LIN | 509 | $217,033 | 0.01% |
| 188 | INVESCO EXCH TRADED FD TR II | IVZ | 10,290 | $216,090 | 0.01% |
| 189 | VANGUARD ADMIRAL FDS INC | 921932794 | 1,770 | $214,675 | 0.01% |
| 190 | GENERAL MLS INC | 370334104 | 4,500 | $209,250 | 0.01% |
| 191 | LOCKHEED MARTIN CORP | LMT | 424 | $205,076 | 0.01% |
| 192 | INTEL CORP | INTC | 5,513 | $203,430 | 0.01% |
| 193 | KIMBERLY-CLARK CORP | KMB | 2,000 | $201,780 | 0.01% |
| 194 | FEDEX CORP | FDX | 696 | $200,979 | 0.01% |
| 195 | ASANA INC | ASAN | 12,226 | $167,618 | 0.01% |
| 196 | NUVEEN CALIFORNIA MUNI VLU F | NU | 17,000 | $152,150 | 0.01% |