# ORSER CAPITAL MANAGEMENT, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1785717. Source: https://holderbook.com/funds/1785717-orser-capital-management-llc/

- Reported value: $201.5M
- Positions: 65
- Weight of the ten largest: 51.9%
- Filed: 2026-07-07

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 |
|---|---|---|---|---|---|
| VANGUARD SCOTTSDALE FDS | [VGSH](https://holderbook.com/stocks/VGSH/) | $16.0M | 275,435 | 8.0% | 5 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $15.8M | 78,873 | 7.8% | 35 |
| CARPENTER TECHNOLOGY CORP | [CRS](https://holderbook.com/stocks/CRS/) | $14.8M | 24,058 | 7.4% | 14 |
| ISHARES TR | [IQLT](https://holderbook.com/stocks/IQLT/) | $10.6M | 48,316 | 5.3% | 25 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $10.6M | 29,594 | 5.2% | 35 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $9.6M | 33,111 | 4.8% | 35 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $7.7M | 11,151 | 3.8% | 13 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $7.3M | 60,781 | 3.6% | 5 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $6.5M | 29,804 | 3.2% | 22 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $5.7M | 24,051 | 2.8% | 35 |
| VANGUARD WORLD FD | [VSGX](https://holderbook.com/stocks/VSGX/) | $5.1M | 61,805 | 2.5% | 5 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $4.7M | 12,596 | 2.3% | 34 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $4.3M | 35,001 | 2.2% | 24 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $4.1M | 7,937 | 2.0% | 35 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $4.1M | 47,315 | 2.0% | 35 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $4.0M | 7,970 | 2.0% | 26 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $3.9M | 16,455 | 1.9% | 5 |
| CASEYS GEN STORES INC | [CASY](https://holderbook.com/stocks/CASY/) | $3.2M | 4,023 | 1.6% | 35 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $3.1M | 1,554 | 1.5% | 1 |
| VIKING HOLDINGS LTD | [VIK](https://holderbook.com/stocks/VIK/) | $3.1M | 29,241 | 1.5% | 1 |
| SCHWAB STRATEGIC TR | [SCHK](https://holderbook.com/stocks/SCHK/) | $3.0M | 83,747 | 1.5% | 4 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $2.7M | 7,619 | 1.3% | 35 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $2.6M | 23,144 | 1.3% | 15 |
| STERLING INFRASTRUCTURE INC | [STRL](https://holderbook.com/stocks/STRL/) | $2.6M | 3,097 | 1.3% | 1 |
| EDWARDS LIFESCIENCES CORP | [EW](https://holderbook.com/stocks/EW/) | $2.3M | 25,675 | 1.2% | 1 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $2.3M | 10,282 | 1.1% | 27 |
| WILLIAMS COS INC | [WMB](https://holderbook.com/stocks/WMB/) | $2.2M | 29,682 | 1.1% | 1 |
| ELBIT SYS LTD | [ESLT](https://holderbook.com/stocks/ESLT/) | $2.2M | 2,903 | 1.1% | 1 |
| VANGUARD INDEX FDS | [VV](https://holderbook.com/stocks/VV/) | $2.0M | 5,820 | 1.0% | 35 |
| RELIANCE INC | [RS](https://holderbook.com/stocks/RS/) | $2.0M | 5,280 | 1.0% | 14 |
| QUANTA SVCS INC | [PWR](https://holderbook.com/stocks/PWR/) | $1.9M | 2,704 | 1.0% | 1 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $1.9M | 7,015 | 0.9% | 35 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $1.8M | 1,729 | 0.9% | 4 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $1.8M | 4,452 | 0.9% | 3 |
| RANGE RES CORP | [RRC](https://holderbook.com/stocks/RRC/) | $1.7M | 46,567 | 0.9% | 15 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $1.6M | 13,570 | 0.8% | 1 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $1.5M | 3,143 | 0.7% | 1 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $1.5M | 1,577 | 0.7% | 1 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $1.5M | 5,712 | 0.7% | 3 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $1.4M | 3,844 | 0.7% | 6 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $1.4M | 19,305 | 0.7% | 1 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $1.4M | 3,627 | 0.7% | 4 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $1.4M | 2,405 | 0.7% | 1 |
| CEVA INC | [CEVA](https://holderbook.com/stocks/CEVA/) | $1.3M | 26,750 | 0.6% | 1 |
| VANGUARD INSTL INDEX FD | [VGUS](https://holderbook.com/stocks/VGUS/) | $1.0M | 13,230 | 0.5% | 5 |
| ECOLAB INC | [ECL](https://holderbook.com/stocks/ECL/) | $947.3K | 3,400 | 0.5% | 1 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $920.8K | 4,834 | 0.5% | 35 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $857.9K | 1,165 | 0.4% | 1 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $849.0K | 2,135 | 0.4% | 1 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $722.5K | 4,930 | 0.4% | 35 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $680.1K | 8,368 | 0.3% | 24 |
| SELECT SECTOR SPDR TR | [XLI](https://holderbook.com/stocks/XLI/) | $679.8K | 3,670 | 0.3% | 13 |
| NORTHROP GRUMMAN CORP | [NOC](https://holderbook.com/stocks/NOC/) | $534.8K | 1,050 | 0.3% | 1 |
| SELECT SECTOR SPDR TR | [XLP](https://holderbook.com/stocks/XLP/) | $506.6K | 4,320 | 0.3% | 14 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $456.0K | 1,530 | 0.2% | 28 |
| HONEYWELL AEROSPACE INC | [HONA](https://holderbook.com/stocks/HONA/) | $440.2K | 1,991 | 0.2% | 1 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $433.0K | 1,262 | 0.2% | 15 |
| VANGUARD WELLINGTON FD | [VFMO](https://holderbook.com/stocks/VFMO/) | $414.4K | 1,661 | 0.2% | 1 |
| VANGUARD SCOTTSDALE FDS | [VCSH](https://holderbook.com/stocks/VCSH/) | $389.6K | 4,930 | 0.2% | 5 |
| VANGUARD WORLD FD | [MGC](https://holderbook.com/stocks/MGC/) | $361.8K | 4,115 | 0.2% | 1 |
| SPDR SERIES TRUST | [XHS](https://holderbook.com/stocks/XHS/) | $317.3K | 2,000 | 0.2% | 25 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $287.2K | 1,350 | 0.1% | 1 |
| HUNT J B TRANS SVCS INC | [JBHT](https://holderbook.com/stocks/JBHT/) | $269.2K | 930 | 0.1% | 1 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $231.5K | 1,710 | 0.1% | 35 |
| SHERWIN WILLIAMS CO | [SHW](https://holderbook.com/stocks/SHW/) | $216.9K | 630 | 0.1% | 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 | +13.9% | +14.8% | -0.9% | 95% |
| Q1 2026 | -2.9% | -4.6% | +1.7% | 96% |
| Q4 2025 | +2.1% | +2.4% | -0.2% | 96% |
| Q3 2025 | +7.5% | +7.8% | -0.3% | 97% |
| Q2 2025 | +12.7% | +10.5% | +2.2% | 94% |
| Q1 2025 | -6.6% | -4.6% | -2.0% | 93% |
| Q4 2024 | +3.3% | +2.1% | +1.1% | 94% |
| Q3 2024 | +4.9% | +5.4% | -0.5% | 94% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $201.5M | 65 |
| Q1 2026 | $152.9M | 46 |
| Q4 2025 | $177.0M | 55 |
| Q3 2025 | $190.1M | 71 |
| Q2 2025 | $140.4M | 46 |
| Q1 2025 | $136.2M | 49 |
| Q4 2024 | $145.3M | 39 |
| Q3 2024 | $139.9M | 40 |
| Q2 2024 | $133.0M | 41 |
| Q1 2024 | $106.6M | 42 |
| Q4 2023 | $91.7M | 42 |
| Q3 2023 | $101.1M | 52 |