# George Kaiser Family Foundation

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1265376. Source: https://holderbook.com/funds/1265376-george-kaiser-family-foundation/

- Reported value: $1.0B
- Positions: 105
- Weight of the ten largest: 92.2%
- Filed: 2026-08-12

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| BOK FINL CORP | [BOKF](https://holderbook.com/stocks/BOKF/) | $466.9M | 3,361,707 | 44.8% | 31 |
| EXCELERATE ENERGY INC | [EE](https://holderbook.com/stocks/EE/) | $298.4M | 7,854,167 | 28.7% | 17 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $53.4M | 71,473 | 5.1% | 6 |
| ISHARES TR | [IWL](https://holderbook.com/stocks/IWL/) | $46.0M | 248,501 | 4.4% | 6 |
| SPDR SERIES TRUST | [BIL](https://holderbook.com/stocks/BIL/) | $27.6M | 300,759 | 2.6% | 2 |
| ISHARES TR | [SGOV](https://holderbook.com/stocks/SGOV/) | $25.7M | 254,802 | 2.5% | 2 |
| ASPEN AEROGELS INC | [ASPN](https://holderbook.com/stocks/ASPN/) | $20.1M | 3,167,322 | 1.9% | 31 |
| JABIL INC | [JBL](https://holderbook.com/stocks/JBL/) | $9.9M | 25,603 | 0.9% | 14 |
| JFROG LTD | [FROG](https://holderbook.com/stocks/FROG/) | $7.0M | 76,577 | 0.7% | 14 |
| STEPSTONE GROUP INC | [STEP](https://holderbook.com/stocks/STEP/) | $5.1M | 124,406 | 0.5% | 1 |
| TRANSDIGM GROUP INC | [TDG](https://holderbook.com/stocks/TDG/) | $4.6M | 3,425 | 0.4% | 6 |
| INTAPP INC | [INTA](https://holderbook.com/stocks/INTA/) | $2.9M | 114,960 | 0.3% | 12 |
| SERVICENOW INC | [NOW](https://holderbook.com/stocks/NOW/) | $2.8M | 28,645 | 0.3% | 24 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $2.6M | 7,282 | 0.2% | 6 |
| PROCORE TECHNOLOGIES INC | [PCOR](https://holderbook.com/stocks/PCOR/) | $2.6M | 64,062 | 0.2% | 8 |
| TYLER TECHNOLOGIES INC | [TYL](https://holderbook.com/stocks/TYL/) | $2.5M | 8,703 | 0.2% | 24 |
| CELLEBRITE DI LTD | [CLBT](https://holderbook.com/stocks/CLBT/) | $2.5M | 169,640 | 0.2% | 2 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $2.4M | 12,204 | 0.2% | 6 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $2.3M | 9,688 | 0.2% | 6 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $2.3M | 6,062 | 0.2% | 6 |
| TRADEWEB MKTS INC | [TW](https://holderbook.com/stocks/TW/) | $2.2M | 22,047 | 0.2% | 6 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $2.1M | 3,653 | 0.2% | 6 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $2.0M | 4,248 | 0.2% | 6 |
| BOSTON OMAHA CORP | [BOC](https://holderbook.com/stocks/BOC/) | $1.9M | 140,932 | 0.2% | 31 |
| ALKAMI TECHNOLOGY INC | [ALKT](https://holderbook.com/stocks/ALKT/) | $1.9M | 105,707 | 0.2% | 6 |
| HURCO CO | [HURC](https://holderbook.com/stocks/HURC/) | $1.8M | 80,644 | 0.2% | 9 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $1.8M | 4,855 | 0.2% | 6 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $1.8M | 4,305 | 0.2% | 7 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $1.7M | 5,989 | 0.2% | 6 |
| DESCARTES SYS GROUP INC | [DSGX](https://holderbook.com/stocks/DSGX/) | $1.7M | 24,131 | 0.2% | 7 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $1.3M | 2,672 | 0.1% | 6 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $970.8K | 488 | 0.1% | 1 |
| D R HORTON INC | [DHI](https://holderbook.com/stocks/DHI/) | $949.1K | 5,827 | 0.1% | 6 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $944.4K | 3,130 | 0.1% | 6 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $896.9K | 1,544 | 0.1% | 1 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $891.8K | 2,058 | 0.1% | 6 |
| ARM HOLDINGS PLC | [ARM](https://holderbook.com/stocks/ARM/) | $873.0K | 2,462 | 0.1% | 1 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $864.5K | 2,535 | 0.1% | 6 |
| ARISTA NETWORKS INC | [ANET](https://holderbook.com/stocks/ANET/) | $829.7K | 4,884 | 0.1% | 4 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $803.8K | 1,565 | 0.1% | 6 |
| MAXCYTE INC | [MXCT](https://holderbook.com/stocks/MXCT/) | $771.9K | 627,536 | 0.1% | 2 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $740.0K | 791 | 0.1% | 6 |
| CADENCE DESIGN SYSTEM INC | [CDNS](https://holderbook.com/stocks/CDNS/) | $725.5K | 1,933 | 0.1% | 6 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $721.2K | 945 | 0.1% | 1 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $690.4K | 2,703 | 0.1% | 1 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $620.6K | 3,520 | 0.1% | 1 |
| AMARIN CORP PLC | [AMRN](https://holderbook.com/stocks/AMRN/) | $593.1K | 37,207 | 0.1% | 1 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $573.4K | 567 | 0.1% | 1 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $564.4K | 1,645 | 0.1% | 1 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $547.4K | 7,667 | 0.1% | 6 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $530.3K | 1,620 | 0.1% | 1 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $520.6K | 434 | 0.0% | 6 |
| HEICO CORP NEW | [HEI](https://holderbook.com/stocks/HEI/) | $463.0K | 1,300 | 0.0% | 1 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $458.7K | 1,823 | 0.0% | 1 |
| QUANTA SVCS INC | [PWR](https://holderbook.com/stocks/PWR/) | $455.1K | 632 | 0.0% | 1 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $441.7K | 376 | 0.0% | 1 |
| NASDAQ INC | [NDAQ](https://holderbook.com/stocks/NDAQ/) | $441.2K | 5,597 | 0.0% | 1 |
| MCKESSON CORP | [MCK](https://holderbook.com/stocks/MCK/) | $437.5K | 579 | 0.0% | 1 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $435.1K | 1,021 | 0.0% | 6 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $432.9K | 1,090 | 0.0% | 1 |
| TRANE TECHNOLOGIES PLC | [TT](https://holderbook.com/stocks/TT/) | $428.8K | 873 | 0.0% | 6 |
| MOODYS CORP | [MCO](https://holderbook.com/stocks/MCO/) | $424.8K | 938 | 0.0% | 6 |
| AXON ENTERPRISE INC | [AXON](https://holderbook.com/stocks/AXON/) | $422.7K | 754 | 0.0% | 6 |
| MONOLITHIC PWR SYS INC | [MPWR](https://holderbook.com/stocks/MPWR/) | $418.9K | 303 | 0.0% | 6 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $416.7K | 803 | 0.0% | 6 |
| MSCI INC | [MSCI](https://holderbook.com/stocks/MSCI/) | $416.7K | 744 | 0.0% | 6 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $408.6K | 815 | 0.0% | 6 |
| BLACKSTONE INC | [BX](https://holderbook.com/stocks/BX/) | $404.0K | 3,433 | 0.0% | 6 |
| OREILLY AUTOMOTIVE INC | [ORLY](https://holderbook.com/stocks/ORLY/) | $402.1K | 4,366 | 0.0% | 6 |
| HOWMET AEROSPACE INC | [HWM](https://holderbook.com/stocks/HWM/) | $399.3K | 1,485 | 0.0% | 1 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $394.3K | 1,769 | 0.0% | 6 |
| CINTAS CORP | [CTAS](https://holderbook.com/stocks/CTAS/) | $393.7K | 2,315 | 0.0% | 6 |
| HILTON WORLDWIDE HLDGS INC | [HLT](https://holderbook.com/stocks/HLT/) | $385.6K | 1,167 | 0.0% | 1 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $385.3K | 2,543 | 0.0% | 6 |
| MERCADOLIBRE INC | [MELI](https://holderbook.com/stocks/MELI/) | $381.9K | 225 | 0.0% | 6 |
| AUTOZONE INC | [AZO](https://holderbook.com/stocks/AZO/) | $377.1K | 118 | 0.0% | 6 |
| PARKER-HANNIFIN CORP | [PH](https://holderbook.com/stocks/PH/) | $375.6K | 384 | 0.0% | 1 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $355.9K | 895 | 0.0% | 6 |
| CLOUDFLARE INC | [NET](https://holderbook.com/stocks/NET/) | $342.2K | 1,395 | 0.0% | 1 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $334.9K | 1,239 | 0.0% | 1 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $331.9K | 2,845 | 0.0% | 1 |
| COHERENT CORP | [COHR](https://holderbook.com/stocks/COHR/) | $323.1K | 819 | 0.0% | 1 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $308.7K | 606 | 0.0% | 1 |
| COMFORT SYS USA INC | [FIX](https://holderbook.com/stocks/FIX/) | $307.2K | 155 | 0.0% | 1 |
| VERTEX PHARMACEUTICALS INC | [VRTX](https://holderbook.com/stocks/VRTX/) | $306.0K | 616 | 0.0% | 6 |
| PROGRESSIVE CORP | [PGR](https://holderbook.com/stocks/PGR/) | $301.0K | 1,378 | 0.0% | 6 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $300.3K | 714 | 0.0% | 1 |
| GALLAGHER ARTHUR J & CO | [AJG](https://holderbook.com/stocks/AJG/) | $296.4K | 1,291 | 0.0% | 6 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $285.7K | 810 | 0.0% | 6 |
| SHERWIN WILLIAMS CO | [SHW](https://holderbook.com/stocks/SHW/) | $284.4K | 826 | 0.0% | 6 |
| VERTIV HOLDINGS CO | [VRT](https://holderbook.com/stocks/VRT/) | $280.2K | 837 | 0.0% | 1 |
| ROLLINS INC | [ROL](https://holderbook.com/stocks/ROL/) | $265.0K | 6,350 | 0.0% | 1 |
| MARRIOTT INTL INC NEW | [MAR](https://holderbook.com/stocks/MAR/) | $264.6K | 714 | 0.0% | 1 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $264.5K | 417 | 0.0% | 1 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $262.3K | 644 | 0.0% | 6 |
| EMCOR GROUP INC | [EME](https://holderbook.com/stocks/EME/) | $258.1K | 311 | 0.0% | 1 |
| LUMENTUM HLDGS INC | [LITE](https://holderbook.com/stocks/LITE/) | $248.0K | 289 | 0.0% | 1 |
| BROWN & BROWN INC | [BRO](https://holderbook.com/stocks/BRO/) | $241.7K | 3,768 | 0.0% | 6 |
| MOTOROLA SOLUTIONS INC | [MSI](https://holderbook.com/stocks/MSI/) | $237.5K | 572 | 0.0% | 1 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $235.3K | 1,240 | 0.0% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +11.4% | +14.8% | -3.4% | 100% |
| Q1 2026 | +8.6% | -4.6% | +13.2% | 100% |
| Q4 2025 | +4.9% | +2.4% | +2.6% | 100% |
| Q3 2025 | +2.7% | +7.8% | -5.2% | 100% |
| Q2 2025 | -1.1% | +10.5% | -11.5% | 100% |
| Q1 2025 | -6.1% | -4.6% | -1.6% | 100% |
| Q4 2024 | +3.7% | +2.1% | +1.5% | 100% |
| Q3 2024 | +15.6% | +5.4% | +10.1% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $1.0B | 105 |
| Q1 2026 | $882.8M | 71 |
| Q4 2025 | $747.2M | 67 |
| Q3 2025 | $712.6M | 68 |
| Q2 2025 | $693.9M | 68 |
| Q1 2025 | $680.5M | 68 |
| Q4 2024 | $678.8M | 17 |
| Q3 2024 | $654.3M | 17 |
| Q2 2024 | $565.9M | 18 |
| Q1 2024 | $527.3M | 18 |
| Q4 2023 | $493.7M | 19 |
| Q3 2023 | $530.5M | 41 |