# Oak Thistle LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1755987. Source: https://holderbook.com/funds/1755987-oak-thistle-llc/

- Reported value: $1.0B
- Positions: 466
- Weight of the ten largest: 8.2%
- Filed: 2026-07-21

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 |
|---|---|---|---|---|---|
| SNOWFLAKE INC | [SNOW](https://holderbook.com/stocks/SNOW/) | $9.4M | 36,920 | 0.9% | 9 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $9.2M | 42,665 | 0.9% | 9 |
| CAPITAL ONE FINL CORP | [COF](https://holderbook.com/stocks/COF/) | $8.9M | 44,237 | 0.9% | 1 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $8.8M | 59,752 | 0.8% | 1 |
| ELEVANCE HEALTH INC FORMERLY | [ELV](https://holderbook.com/stocks/ELV/) | $8.5M | 22,013 | 0.8% | 1 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $8.5M | 20,411 | 0.8% | 2 |
| LAUDER ESTEE COS INC | [EL](https://holderbook.com/stocks/EL/) | $8.2M | 104,082 | 0.8% | 3 |
| HILTON WORLDWIDE HLDGS INC | [HLT](https://holderbook.com/stocks/HLT/) | $8.0M | 24,213 | 0.8% | 1 |
| FEDEX CORP | [FDX](https://holderbook.com/stocks/FDX/) | $7.6M | 24,427 | 0.7% | 4 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $7.6M | 25,357 | 0.7% | 1 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $7.3M | 354,606 | 0.7% | 1 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $7.2M | 12,431 | 0.7% | 1 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $7.2M | 51,716 | 0.7% | 1 |
| TD SYNNEX CORPORATION | [SNX](https://holderbook.com/stocks/SNX/) | $7.1M | 26,587 | 0.7% | 1 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $7.1M | 51,928 | 0.7% | 1 |
| ARROW ELECTRS INC | [ARW](https://holderbook.com/stocks/ARW/) | $6.9M | 32,166 | 0.7% | 1 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $6.9M | 41,333 | 0.7% | 4 |
| ON SEMICONDUCTOR CORP | [ON](https://holderbook.com/stocks/ON/) | $6.8M | 72,145 | 0.7% | 1 |
| MCKESSON CORP | [MCK](https://holderbook.com/stocks/MCK/) | $6.6M | 8,760 | 0.6% | 4 |
| AMERICAN AIRLINES GROUP INC | [AAL](https://holderbook.com/stocks/AAL/) | $6.6M | 365,889 | 0.6% | 1 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $6.4M | 14,782 | 0.6% | 2 |
| SMUCKER J M CO | [SJM](https://holderbook.com/stocks/SJM/) | $6.3M | 55,985 | 0.6% | 2 |
| COUPANG INC | [CPNG](https://holderbook.com/stocks/CPNG/) | $6.3M | 361,408 | 0.6% | 4 |
| CME GROUP INC | [CME](https://holderbook.com/stocks/CME/) | $6.3M | 28,350 | 0.6% | 2 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $6.1M | 5,312 | 0.6% | 5 |
| WESTERN DIGITAL CORP | [WDC](https://holderbook.com/stocks/WDC/) | $6.0M | 9,456 | 0.6% | 1 |
| OCCIDENTAL PETE CORP | [OXY](https://holderbook.com/stocks/OXY/) | $6.0M | 123,832 | 0.6% | 3 |
| LINCOLN ELEC HLDGS INC | [LECO](https://holderbook.com/stocks/LECO/) | $5.9M | 22,326 | 0.6% | 4 |
| STRATEGY INC | [MSTR](https://holderbook.com/stocks/MSTR/) | $5.8M | 66,766 | 0.6% | 1 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $5.6M | 67,438 | 0.5% | 5 |
| ITT INC | [ITT](https://holderbook.com/stocks/ITT/) | $5.4M | 27,266 | 0.5% | 3 |
| PPL CORP | [PPL](https://holderbook.com/stocks/PPL/) | $5.3M | 145,671 | 0.5% | 1 |
| WOODWARD INC | [WWD](https://holderbook.com/stocks/WWD/) | $5.3M | 12,440 | 0.5% | 3 |
| ZILLOW GROUP INC | [Z](https://holderbook.com/stocks/Z/) | $5.3M | 167,709 | 0.5% | 2 |
| DEVON ENERGY CORP NEW | [DVN](https://holderbook.com/stocks/DVN/) | $5.3M | 127,853 | 0.5% | 1 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $5.3M | 32,511 | 0.5% | 4 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $5.1M | 10,236 | 0.5% | 1 |
| SYNOPSYS INC | [SNPS](https://holderbook.com/stocks/SNPS/) | $5.1M | 11,439 | 0.5% | 2 |
| ROKU INC | [ROKU](https://holderbook.com/stocks/ROKU/) | $4.9M | 35,705 | 0.5% | 3 |
| VERSANT MEDIA GROUP INC | [VSNT](https://holderbook.com/stocks/VSNT/) | $4.6M | 128,200 | 0.4% | 1 |
| LITTELFUSE INC | [LFUS](https://holderbook.com/stocks/LFUS/) | $4.6M | 10,097 | 0.4% | 2 |
| AFLAC INC | [AFL](https://holderbook.com/stocks/AFL/) | $4.6M | 39,188 | 0.4% | 1 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $4.6M | 16,959 | 0.4% | 5 |
| DOMINOS PIZZA INC | [DPZ](https://holderbook.com/stocks/DPZ/) | $4.6M | 15,417 | 0.4% | 9 |
| AMERICAN INTL GROUP INC | [AIG](https://holderbook.com/stocks/AIG/) | $4.5M | 60,579 | 0.4% | 5 |
| CHIPOTLE MEXICAN GRILL INC | [CMG](https://holderbook.com/stocks/CMG/) | $4.4M | 130,439 | 0.4% | 3 |
| MONGODB INC | [MDB](https://holderbook.com/stocks/MDB/) | $4.4M | 13,111 | 0.4% | 1 |
| SANDISK CORP | [SNDK](https://holderbook.com/stocks/SNDK/) | $4.4M | 1,930 | 0.4% | 2 |
| SBA COMMUNICATIONS CORP | [SBAC](https://holderbook.com/stocks/SBAC/) | $4.4M | 24,710 | 0.4% | 8 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $4.3M | 8,636 | 0.4% | 1 |
| LIBERTY BROADBAND CORP | [LBRDK](https://holderbook.com/stocks/LBRDK/) | $4.3M | 129,050 | 0.4% | 2 |
| CASEYS GEN STORES INC | [CASY](https://holderbook.com/stocks/CASY/) | $4.3M | 5,357 | 0.4% | 1 |
| TEXAS ROADHOUSE INC | [TXRH](https://holderbook.com/stocks/TXRH/) | $4.2M | 21,977 | 0.4% | 3 |
| AMDOCS LTD | [DOX](https://holderbook.com/stocks/DOX/) | $4.2M | 83,612 | 0.4% | 5 |
| JONES LANG LASALLE INC | [JLL](https://holderbook.com/stocks/JLL/) | $4.2M | 13,555 | 0.4% | 1 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $4.1M | 28,264 | 0.4% | 1 |
| OTIS WORLDWIDE CORP | [OTIS](https://holderbook.com/stocks/OTIS/) | $4.1M | 57,323 | 0.4% | 3 |
| STARWOOD PPTY TR INC | [STWD](https://holderbook.com/stocks/STWD/) | $4.1M | 249,634 | 0.4% | 5 |
| BIO-TECHNE CORP | [TECH](https://holderbook.com/stocks/TECH/) | $4.0M | 57,274 | 0.4% | 5 |
| MDU RES GROUP INC | [MDU](https://holderbook.com/stocks/MDU/) | $4.0M | 190,399 | 0.4% | 1 |
| PG&E CORP | [PCG](https://holderbook.com/stocks/PCG/) | $4.0M | 237,073 | 0.4% | 5 |
| MARRIOTT INTL INC NEW | [MAR](https://holderbook.com/stocks/MAR/) | $3.9M | 10,610 | 0.4% | 2 |
| ATMOS ENERGY CORP | [ATO](https://holderbook.com/stocks/ATO/) | $3.9M | 22,758 | 0.4% | 1 |
| BUNGE GLOBAL SA | [BG](https://holderbook.com/stocks/BG/) | $3.9M | 36,181 | 0.4% | 5 |
| REINSURANCE GROUP AMER INC | [RGA](https://holderbook.com/stocks/RGA/) | $3.9M | 18,107 | 0.4% | 2 |
| DROPBOX INC | [DBX](https://holderbook.com/stocks/DBX/) | $3.8M | 139,919 | 0.4% | 8 |
| HARTFORD INSURANCE GROUP INC | [HIG](https://holderbook.com/stocks/HIG/) | $3.8M | 28,866 | 0.4% | 5 |
| CHORD ENERGY CORPORATION | [CHRD](https://holderbook.com/stocks/CHRD/) | $3.8M | 33,419 | 0.4% | 4 |
| VERISIGN INC | [VRSN](https://holderbook.com/stocks/VRSN/) | $3.8M | 15,183 | 0.4% | 1 |
| CLEAN HARBORS INC | [CLH](https://holderbook.com/stocks/CLH/) | $3.8M | 12,748 | 0.4% | 6 |
| DOW HLDGS INC | [DOW](https://holderbook.com/stocks/DOW/) | $3.8M | 137,993 | 0.4% | 8 |
| AGILENT TECHNOLOGIES INC | [A](https://holderbook.com/stocks/A/) | $3.8M | 28,409 | 0.4% | 1 |
| HEWLETT PACKARD ENTERPRISE C | [HPE](https://holderbook.com/stocks/HPE/) | $3.7M | 82,918 | 0.4% | 1 |
| CARDINAL HEALTH INC | [CAH](https://holderbook.com/stocks/CAH/) | $3.7M | 15,679 | 0.4% | 1 |
| M & T BK CORP | [MTB](https://holderbook.com/stocks/MTB/) | $3.7M | 15,606 | 0.4% | 3 |
| CDW CORP | [CDW](https://holderbook.com/stocks/CDW/) | $3.7M | 25,984 | 0.4% | 1 |
| CRH PLC | [CRH](https://holderbook.com/stocks/CRH/) | $3.6M | 33,840 | 0.3% | 1 |
| KNIGHT-SWIFT TRANSN HLDGS IN | [KNX](https://holderbook.com/stocks/KNX/) | $3.6M | 46,242 | 0.3% | 1 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $3.6M | 3,835 | 0.3% | 2 |
| ACUITY INC | [AYI](https://holderbook.com/stocks/AYI/) | $3.5M | 9,223 | 0.3% | 1 |
| BJS WHSL CLUB HLDGS INC | [BJ](https://holderbook.com/stocks/BJ/) | $3.5M | 39,824 | 0.3% | 1 |
| ASHLAND INC | [ASH](https://holderbook.com/stocks/ASH/) | $3.5M | 52,409 | 0.3% | 1 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $3.5M | 6,775 | 0.3% | 2 |
| CACI INTL INC | [CACI](https://holderbook.com/stocks/CACI/) | $3.4M | 7,443 | 0.3% | 4 |
| WYNN RESORTS LTD | [WYNN](https://holderbook.com/stocks/WYNN/) | $3.4M | 35,358 | 0.3% | 3 |
| HASBRO INC | [HAS](https://holderbook.com/stocks/HAS/) | $3.4M | 41,095 | 0.3% | 3 |
| COGNIZANT TECHNOLOGY SOLUTIO | [CTSH](https://holderbook.com/stocks/CTSH/) | $3.4M | 87,527 | 0.3% | 1 |
| KINSALE CAP GROUP INC | [KNSL](https://holderbook.com/stocks/KNSL/) | $3.4M | 10,264 | 0.3% | 1 |
| SEABOARD CORP DEL | [SEB](https://holderbook.com/stocks/SEB/) | $3.4M | 751 | 0.3% | 2 |
| CBRE GROUP INC | [CBRE](https://holderbook.com/stocks/CBRE/) | $3.3M | 24,831 | 0.3% | 1 |
| MARKEL GROUP INC | [MKL](https://holderbook.com/stocks/MKL/) | $3.3M | 1,710 | 0.3% | 2 |
| RBC BEARINGS INC | [RBC](https://holderbook.com/stocks/RBC/) | $3.3M | 5,180 | 0.3% | 2 |
| ELASTIC N V | [ESTC](https://holderbook.com/stocks/ESTC/) | $3.3M | 58,129 | 0.3% | 3 |
| EASTGROUP PPTYS INC | [EGP](https://holderbook.com/stocks/EGP/) | $3.3M | 16,306 | 0.3% | 1 |
| RELIANCE INC | [RS](https://holderbook.com/stocks/RS/) | $3.3M | 8,828 | 0.3% | 2 |
| XCEL ENERGY INC | [XEL](https://holderbook.com/stocks/XEL/) | $3.3M | 40,899 | 0.3% | 4 |
| ESAB CORPORATION | [ESAB](https://holderbook.com/stocks/ESAB/) | $3.2M | 32,765 | 0.3% | 1 |
| LPL FINL HLDGS INC | [LPLA](https://holderbook.com/stocks/LPLA/) | $3.2M | 11,374 | 0.3% | 4 |
| OREILLY AUTOMOTIVE INC | [ORLY](https://holderbook.com/stocks/ORLY/) | $3.2M | 34,733 | 0.3% | 1 |
| MSC INDL DIRECT INC | [MSM](https://holderbook.com/stocks/MSM/) | $3.2M | 26,822 | 0.3% | 6 |

## 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 | +15.7% | +14.8% | +0.9% | 100% |
| Q1 2026 | -2.6% | -4.6% | +2.0% | 99% |
| Q4 2025 | +3.2% | +2.4% | +0.8% | 100% |
| Q3 2025 | +4.5% | +7.8% | -3.3% | 100% |
| Q2 2025 | +6.6% | +10.5% | -3.9% | 100% |
| Q1 2025 | -3.5% | -4.6% | +1.1% | 100% |
| Q4 2024 | +0.9% | +2.1% | -1.3% | 100% |
| Q3 2024 | +9.8% | +5.4% | +4.3% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $1.0B | 466 |
| Q1 2026 | $1.0B | 452 |
| Q4 2025 | $719.9M | 481 |
| Q3 2025 | $656.0M | 447 |
| Q2 2025 | $679.0M | 444 |
| Q1 2025 | $496.7M | 398 |
| Q4 2024 | $336.8M | 392 |
| Q3 2024 | $307.6M | 384 |
| Q2 2024 | $134.7M | 286 |
| Q1 2024 | $111.4M | 281 |
| Q4 2023 | $348.0M | 424 |
| Q3 2023 | $338.5M | 446 |