OSTERWEIS CAPITAL MANAGEMENT INC

13F filer, CIK 1007524, SAN FRANCISCO, CA

OSTERWEIS CAPITAL MANAGEMENT INC reported $1,973,932,473 across 190 holdings for the quarter ended 2024-09-30, in a 13F-HR filed 2024-11-14. Its ten largest share positions make up 28.94% of the portfolio.

Filed 2024-11-14 (acceptance time not in the bulk data set), ingested 2026-10-07 18:26:56 UTC13F-HR 0001085146-24-005783

Period: 2024-09-30
Reported value: $1.97B
Holdings: 190
Top 10 weight: 28.94%
New: 16
Sold out: 21

Part of the filer group OSTERWEIS CAPITAL MANAGEMENT INC

OSTERWEIS CAPITAL MANAGEMENT LLC/CA

How groups are built

Largest buys vs the previous quarter

Security	Shares change	Approx. value
HSYnew	+190,614	$36.6M
AVGOadded	+170,109	$29.3M
INTUnew	+42,788	$26.6M
DEnew	+52,305	$21.8M
CRMadded	+67,041	$18.3M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

Security	Shares change	Approx. value
TGTreduced	-141,758	-$22.1M
UNPreduced	-72,486	-$17.9M
MSFTreduced	-36,217	-$15.6M
ADIreduced	-65,014	-$15M
SNPSexited	-21,654	-$12.9M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q3 2024

Share positions as resolved from 13F-HR 0001085146-24-005783, largest first. % of portfolio is the value over $1,973,932,473, the sum of the share positions whose value is usable for ratios (method).

Security	Shares	Value	% of portfolio	Change	Timeline
MSFTMICROSOFT CORP	214,810	$92.4M	4.68%	-36,217	Timeline
GOOGALPHABET INC	493,205	$82.5M	4.18%	+657	Timeline
AMZNAMAZON COM INC	356,678	$66.5M	3.37%	+28,510	Timeline
PGRPROGRESSIVE CORP	169,622	$43M	2.18%	-2,642	Timeline
BDXBECTON DICKINSON & CO	174,431	$42.1M	2.13%	+7,122	Timeline
APDAIR PRODUCTS AND CHEMICALS I	140,608	$41.9M	2.12%	+588	Timeline
WCNWASTE CONNECTIONS INC	223,897	$40M	2.03%	+513	Timeline
VVISA INC	145,369	$40M	2.02%	+2,446	Timeline
ROSTROSS STORES INC	263,611	$39.7M	2.01%	+2,294	Timeline
TMOTHERMO FISHER SCIENTIFIC INC	62,867	$38.9M	1.97%	+8,582	Timeline
BROBROWN & BROWN INC	374,965	$38.8M	1.97%	-6,086	Timeline
EGPEASTGROUP PPTYS INC	205,336	$38.4M	1.94%	+958	Timeline
KEYSKEYSIGHT TECHNOLOGIES INC	233,203	$37.1M	1.88%	+21,152	Timeline
ADBEADOBE INC	71,371	$37M	1.87%	+356	Timeline
HSYHERSHEY CO	190,614	$36.6M	1.85%	new	Timeline
AZOAUTOZONE INC	11,485	$36.2M	1.83%	+1,947	Timeline
AVGOBROADCOM INC	188,881	$32.6M	1.65%	+170,109	Timeline
LHXL3HARRIS TECHNOLOGIES INC	127,993	$30.4M	1.54%	-20,650	Timeline
UNHUNITEDHEALTH GROUP INC	51,491	$30.1M	1.53%	+337	Timeline
BSXBOSTON SCIENTIFIC CORP	350,521	$29.4M	1.49%	-47,822	Timeline
AMDADVANCED MICRO DEVICES INC	178,412	$29.3M	1.48%	-27,938	Timeline
ADIANALOG DEVICES INC	124,907	$28.7M	1.46%	-65,014	Timeline
MUMICRON TECHNOLOGY INC	268,329	$27.8M	1.41%	+88,577	Timeline
DHRDANAHER CORP DEL	99,936	$27.8M	1.41%	+550	Timeline
LAMRLAMAR ADVERTISING CO	199,379	$26.6M	1.35%	-61,070	Timeline
INTUINTUIT	42,788	$26.6M	1.35%	new	Timeline
ODFLOLD DOMINION FREIGHT LINE IN	129,964	$25.8M	1.31%	+83	Timeline
AAGILENT TECHNOLOGIES INC	167,209	$24.8M	1.26%	+1,789	Timeline
AMEAMETEK INC	142,559	$24.5M	1.24%	+1,752	Timeline
DEDEERE & CO	52,305	$21.8M	1.11%	new	Timeline
TGTTARGET CORP	130,965	$20.4M	1.03%	-141,758	Timeline
CRMSALESFORCE INC	69,736	$19.1M	0.97%	+67,041	Timeline
FSVFIRSTSERVICE CORP NEW	99,638	$18.2M	0.92%	+5,010	Timeline
GWREGUIDEWIRE SOFTWARE INC	96,460	$17.6M	0.89%	+200	Timeline
AMATAPPLIED MATLS INC	80,603	$16.3M	0.83%	-37,481	Timeline
SKXSKECHERS U S A INC	242,065	$16.2M	0.82%	+39,265	Timeline
CVCOCAVCO INDS INC DEL	35,986	$15.4M	0.78%	+6,714	Timeline
MODMODINE MFG CO	109,275	$14.5M	0.74%	+9,745	Timeline
METAMETA PLATFORMS INC	25,346	$14.5M	0.74%	0	Timeline
GNRCGENERAC HLDGS INC	88,330	$14M	0.71%	+1,895	Timeline
AGYSAGILYSYS INC	126,795	$13.8M	0.7%	+24,140	Timeline
BOOTBOOT BARN HLDGS INC	82,110	$13.7M	0.7%	+58,325	Timeline
TECHBIO-TECHNE CORP	169,443	$13.5M	0.69%	-3,070	Timeline
SGSWEETGREEN INC	349,940	$12.4M	0.63%	+25,530	Timeline
ENSGENSIGN GROUP INC	82,090	$11.8M	0.6%	-14,095	Timeline
FRPTFRESHPET INC	84,855	$11.6M	0.59%	new	Timeline
KBRKBR INC	171,605	$11.2M	0.57%	-9,070	Timeline
AAPLAPPLE INC	47,621	$11.1M	0.56%	+13,872	Timeline
AXONAXON ENTERPRISE INC	27,719	$11.1M	0.56%	+1,695	Timeline
PRCTPROCEPT BIOROBOTICS CORP	136,315	$10.9M	0.55%	-36,030	Timeline
MGYMAGNOLIA OIL & GAS CORP	445,165	$10.9M	0.55%	+69,700	Timeline
DUOLDUOLINGO INC	37,949	$10.7M	0.54%	-19,485	Timeline
LLYELI LILLY & CO	11,245	$9.96M	0.5%	-240	Timeline
NTRANATERA INC	75,910	$9.64M	0.49%	-8,910	Timeline
RXSTRXSIGHT INC	194,245	$9.6M	0.49%	+77,305	Timeline
VRRMVERRA MOBILITY CORP	340,030	$9.46M	0.48%	+17,435	Timeline
FOLDAMICUS THERAPEUTIC	884,820	$9.45M	0.48%	+195,395	Timeline
KVYOKLAVIYO INC	264,555	$9.36M	0.47%	new	Timeline
MANHMANHATTAN ASSOCIATES INC	33,181	$9.34M	0.47%	+5,388	Timeline
EVHEVOLENT HEALTH INC	310,305	$8.78M	0.44%	new	Timeline
ELFE L F BEAUTY INC	78,789	$8.59M	0.44%	+21,215	Timeline
UFPTUFP TECHNOLOGIES INC	26,678	$8.45M	0.43%	-5,968	Timeline
ONTOONTO INNOVATION INC	38,697	$8.03M	0.41%	-5,005	Timeline
RGENREPLIGEN CORP	53,445	$7.95M	0.4%	+17,410	Timeline
VKTXVIKING THERAPEUTICS INC	125,520	$7.95M	0.4%	+41,665	Timeline
MTSIMACOM TECH SOLUTIONS HLDGS I	70,030	$7.79M	0.39%	-36,050	Timeline
ANFABERCROMBIE & FITCH CO	52,275	$7.31M	0.37%	new	Timeline
CWANCLEARWATER ANALYTICS HLDGS I	289,565	$7.31M	0.37%	+34,175	Timeline
SSENTINELONE INC	301,235	$7.21M	0.37%	new	Timeline
CNMDCONMED CORP	96,465	$6.94M	0.35%	new	Timeline
ZETAZETA GLOBAL HOLDINGS CORP	214,185	$6.39M	0.32%	new	Timeline
TMDXTRANSMEDICS GROUP INC	38,835	$6.1M	0.31%	-17,905	Timeline
ACMRACM RESH INC	285,256	$5.79M	0.29%	+49,855	Timeline
UNPUNION PAC CORP	20,743	$5.11M	0.26%	-72,486	Timeline
ADSKAUTODESK INC	16,060	$4.42M	0.22%	0	Timeline
BRK-ABERKSHIRE HATHAWAY INC DEL	5	$3.46M	0.18%	0	Timeline
FICOFAIR ISAAC CORP	1,770	$3.44M	0.17%	-30	Timeline
PGPROCTER & GAMBLE CO	18,407	$3.19M	0.16%	-1,350	Timeline
EPDENTERPRISE PRODS PARTNERS L	87,815	$2.56M	0.13%	-1,465	Timeline
IBMINTERNATIONAL BUSINESS MACHS	9,062	$2M	0.1%	-263	Timeline
NSCNORFOLK SOUTHN CORP	8,033	$2M	0.1%	-38	Timeline
BRK-BBERKSHIRE HATHAWAY INC DEL	3,801	$1.75M	0.09%	+19	Timeline
XOMEXXON MOBIL CORP	10,707	$1.26M	0.06%	+130	Timeline
CATXPERSPECTIVE THERAPEUTICS INC	91,293	$1.22M	0.06%	0	Timeline
JNJJOHNSON & JOHNSON	7,447	$1.21M	0.06%	0	Timeline
NVDANVIDIA CORPORATION	9,885	$1.2M	0.06%	-1,980	Timeline
ESSESSEX PPTY TR INC	4,000	$1.18M	0.06%	-55	Timeline
HDHOME DEPOT INC	2,855	$1.16M	0.06%	-405	Timeline
WDAYWORKDAY INC	4,000	$978K	0.05%	0	Timeline
ABBVABBVIE INC	4,326	$854K	0.04%	-75	Timeline
GOOGLALPHABET INC	4,817	$799K	0.04%	0	Timeline
PLTRPALANTIR TECHNOLOGIES INC	19,520	$726K	0.04%	-4,880	Timeline
COSTCOSTCO WHOLESALE CORPORATION	627	$556K	0.03%	-270	Timeline
MRKMERCK & CO INC	4,183	$475K	0.02%	-620	Timeline
ABTABBOTT LABORATORIES	3,685	$420K	0.02%	-105	Timeline
LECOLINCOLN ELEC HLDGS INC	1,800	$346K	0.02%	0	Timeline
AKOYA BIOSCIENCES INC COMAKOYA BIOSCIENCES INC COM	126,131	$343K	0.02%	0
CRCRANE COMPANY	2,000	$317K	0.02%	0	Timeline
ORCLORACLE CORP	1,845	$314K	0.02%	0	Timeline
WRBBERKLEY W R CORP	5,290	$300K	0.02%	+1,763	Timeline
DISDISNEY WALT CO	2,965	$285K	0.01%	-575	Timeline
CVXCHEVRON CORPORATION	1,750	$258K	0.01%	-140	Timeline
FISVFISERV INC	1,318	$237K	0.01%	-251	Timeline
AXPAMERICAN EXPRESS CO	858	$233K	0.01%	0	Timeline
ABNBAIRBNB INC	1,715	$217K	0.01%	0	Timeline
WFCWELLS FARGO & CO	3,841	$217K	0.01%	-300	Timeline
SPGIS&P GLOBAL INC	360	$186K	0.01%	0	Timeline
AJGGALLAGHER ARTHUR J & CO	657	$185K	0.01%	-100	Timeline
BMYBRISTOL-MYERS SQUIBB CO	3,531	$183K	0.01%	0	Timeline
KVUEKENVUE INC	7,815	$181K	0.01%	0	Timeline
HEIHEICO CORP NEW	671	$175K	0.01%	0	Timeline
HONHONEYWELL INTL INC	821	$170K	0.01%	0	Timeline
INTEGRAL AD SCIENCE HLDNG COINTEGRAL AD SCIENCE HLDNG CO	14,285	$154K	0.01%	0
NOWSERVICENOW INC	164	$147K	0.01%	0	Timeline
MAAMID-AMER APT CMNTYS INC	900	$143K	0.01%	0	Timeline
FASTFASTENAL CO	1,979	$141K	0.01%	0	Timeline
RTXRTX CORPORATION	1,133	$137K	0.01%	0	Timeline
TSLATESLA INC	500	$131K	0.01%	-1,000	Timeline
PLDPROLOGIS INC.	1,020	$129K	0.01%	+207	Timeline
OREALTY INCOME CORP	2,000	$127K	0.01%	0	Timeline
BABOEING CO	796	$121K	0.01%	0	Timeline
LEVILEVI STRAUSS & CO NEW	5,220	$114K	0.01%	-2,455	Timeline
CXTCRANE NXT CO	2,000	$112K	0.01%	0	Timeline
SMMTSUMMIT THERAPEUTICS INC	5,000	$110K	0.01%	0	Timeline
RSRELIANCE INC	374	$108K	0.01%	0	Timeline
AMGNAMGEN INC	318	$102K	0.01%	0	Timeline
SBUXSTARBUCKS CORP	920	$89.7K	<0.01%	0	Timeline
ISRGINTUITIVE SURGICAL INC	177	$87K	<0.01%	0	Timeline
VZVERIZON COMMUNICATIONS INC	1,842	$82.7K	<0.01%	0	Timeline
HASIHA SUSTAINABLE INFRA CAP INC	2,390	$82.4K	<0.01%	0	Timeline
NFGCNEW FOUND GOLD CORP	31,250	$79.1K	<0.01%	0	Timeline
LYFTLYFT INC	6,099	$77.8K	<0.01%	0	Timeline
MTDMETTLER TOLEDO INTERNATIONAL	50	$75K	<0.01%	0	Timeline
NFLXNETFLIX INC.	100	$70.9K	<0.01%	0	Timeline
TJXTJX COS INC NEW	600	$70.5K	<0.01%	0	Timeline
BOHBANK OF HI CORP	1,000	$62.8K	<0.01%	0	Timeline
EFXEQUIFAX INC	210	$61.7K	<0.01%	0	Timeline
MSMORGAN STANLEY	587	$61.2K	<0.01%	0	Timeline
ECLECOLAB INC	235	$60K	<0.01%	0	Timeline
USBUS BANCORP	1,309	$59.9K	<0.01%	0	Timeline
ALGNALIGN TECHNOLOGY INC	211	$53.7K	<0.01%	0	Timeline
PEPPEPSICO INC	302	$51.4K	<0.01%	-922	Timeline
AVTRAVANTOR INC	1,886	$48.8K	<0.01%	0	Timeline
CARRCARRIER GLOBAL CORPORATION	500	$40.2K	<0.01%	0	Timeline
WMTWALMART INC	450	$36.3K	<0.01%	+240	Timeline
NKENIKE INC	400	$35.4K	<0.01%	0	Timeline
UBERUBER TECHNOLOGIES INC	438	$32.9K	<0.01%	+200	Timeline
WALGREENS BOOTS ALLIANCE INCWALGREENS BOOTS ALLIANCE INC	3,536	$31.7K	<0.01%	-1,150
WMWASTE MGMT INC DEL	137	$28.4K	<0.01%	-63	Timeline
OTISOTIS WORLDWIDE CORP	250	$26K	<0.01%	0	Timeline
ORLYOREILLY AUTOMOTIVE INC	20	$23K	<0.01%	0	Timeline
PLSEPULSE BIOSCIENCES INC	1,000	$17.5K	<0.01%	0	Timeline
POOLPOOL CORP	41	$15.4K	<0.01%	0	Timeline
CPRTCOPART INC	260	$13.6K	<0.01%	0	Timeline
KOCOCA COLA CO	168	$12.1K	<0.01%	0	Timeline
NEENEXTERA ENERGY INC	114	$9.64K	<0.01%	0	Timeline
RIVNRIVIAN AUTOMOTIVE INC	745	$8.36K	<0.01%	0	Timeline
CSCOCISCO SYS INC	140	$7.45K	<0.01%	new	Timeline
GEGE AEROSPACE	22	$4.15K	<0.01%	new	Timeline

Principal amounts

Notes and convertibles filed as a face amount (PRN). A face amount is never added to a share count (H6).

Security	Type	Amount	Value	Change
PEGASYSTEMS INCPEGASYSTEMS INC NOTE 0.750% 3/0	principal	74,500,000	$73.2M	+4,500,000
WIX COM LTDWIX COM LTD NOTE 8/1	principal	51,943,000	$49.7M	new
AIR TRANS SVCS GROUP INCAIR TRANS SVCS GROUP INC BOND	principal	29,711,000	$29.8M	new
LENDINGTREE INCLENDINGTREE INC NOTE 0.500% 7/1	principal	28,017,000	$26.4M	0
BLOCK INCBLOCK INC NOTE 0.125% 3/0	principal	25,000,000	$24.5M	new
HAEMONETICS CORP MASSHAEMONETICS CORP MASS NOTE 3/0	principal	21,300,000	$19.7M	+3,300,000
EZCORP INCEZCORP INC NOTE 2.375% 5/0	principal	12,750,000	$12.6M	0
JAMF HLDG CORPJAMF HLDG CORP NOTE 0.125% 9/0	principal	11,600,000	$10.5M	+1,000,000
NVSNOVARTIS AG ADR	principal	81,910	$9.42M	+721
JBT MAREL CORPORATIONJBT MAREL CORPORATION NOTE 0.250% 5/1	principal	9,700,000	$9.13M	0
TYLER TEX INDPT SCH DISTTYLER TEX INDPT SCH DIST NOTE 0.250% 3/1	principal	7,000,000	$8.62M	0
SOUTHWEST AIRLS COSOUTHWEST AIRLS CO NOTE 1.250% 5/0	principal	7,875,000	$7.96M	0
JAZZ INVESTMENTS I LTDJAZZ INVESTMENTS I LTD NOTE 2.000% 6/1	principal	7,000,000	$7M	0
ETSY INCETSY INC NOTE 0.250% 6/1	principal	7,750,000	$6.35M	0
SCHBSCHWAB STRATEGIC TR SHS	principal	47,467	$3.16M	-595
FORD MOTOR COMPANYFORD MOTOR COMPANY NOTE 3/1	principal	3,000,000	$2.95M	-3,000,000
VOOVANGUARD INDEX FDS COM	principal	4,687	$2.47M	-360
IGMISHARES TR SHS	principal	13,839	$1.33M	-1,918
XLKSELECT SECTOR SPDR TR SHS	principal	3,421	$772K	0
VXFVANGUARD INDEX FDS SHS	principal	3,155	$574K	+756
HYSPIMCO ETF TR 0-5 HIGH YIELD	principal	5,370	$513K	0
ISTBISHARES TR CORE 1 5 YR USD	principal	9,000	$438K	0
NOBLPROSHARES TR S&P 500 DV ARIST	principal	4,061	$434K	-366
SCHMSCHWAB STRATEGIC TR SHS	principal	4,027	$335K	-6,120
VUGVANGUARD INDEX FDS COM	principal	615	$236K	+1
VXUSVANGUARD STAR FDS COM	principal	2,683	$174K	+12
VIOOVANGUARD ADMIRAL FDS INC ETF	principal	1,500	$162K	0
SPYSTATE STR SPDR S&P 500 ETF T SHS	principal	253	$145K	0
VTIVANGUARD INDEX FDS COM	principal	480	$136K	new
FNDASCHWAB STRATEGIC TR FUNDAMENTAL US S	principal	1,986	$118K	0
IVVISHARES TR SHS	principal	152	$87.7K	0

Sold out in Q3 2024

Positions in the previous quarter's report that this quarter's report no longer lists.

Security	Shares before	Value before	Type
BIOMARIN PHARMACEUTICAL INCBIOMARIN PHARMACEUTICAL INC	82,159,000	$81.7M	principal
JAZZ INVESTMENTS I LTDJAZZ INVESTMENTS I LTD	70,510,000	$70.2M	principal
BLACKLINE INCBLACKLINE INC	52,581,000	$52.4M	principal
SNPSSYNOPSYS INC	21,654	$12.9M	shares
IOSPINNOSPEC INC	94,595	$11.7M	shares
FWRGFIRST WATCH RESTAURANT GROUP	485,565	$8.53M	shares
PATRICK INDS INCPATRICK INDS INC	6,250,000	$7.59M	principal
ASOACADEMY SPORTS & OUTDOORS IN	112,600	$6M	shares
PGNYPROGYNY INC	208,180	$5.96M	shares
LNTHLANTHEUS HLDGS INC	63,650	$5.11M	shares
SPSCSPS COMM INC	27,079	$5.1M	shares
TKNOALPHA TEKNOVA INC	155,170	$213K	shares
COPCONOCOPHILLIPS	679	$77.7K	shares
ATRAPTARGROUP INC	510	$71.8K	shares
IDXXIDEXX LABS INC	143	$69.7K	shares
ENVAENOVA INTL INC	1,100	$68.5K	shares
AZNASTRAZENECA PLC-SPONS ADR	779	$60.8K	principal
MGCVANGUARD WORLD FD	206	$40.6K	principal
TTDTHE TRADE DESK INC	411	$40.1K	shares
MCDMCDONALDS CORP	93	$23.7K	shares
VMCVULCAN MATLS CO	20	$4.97K	shares

How Q3 2024 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

Filing	Role	Amendment	Filed	Accepted	Ingested
13F-HR 0001085146-24-005783	base		2024-11-14	acceptance time not in the bulk data set	2026-10-07 18:26:56 UTC