George Kaiser Family Foundation
Long book
$882.8M
Q1 2026
Positions
71
Top-10 weight
95%
concentration
Last quarter
+11.7%
SPY +14.8%
Turnover
8%
of book per quarter
Strategy in plain words
auto-generated from filingsGeorge Kaiser Family Foundation is a concentrated fundamental stock-picker, running a $882.8M US long book across 71 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: BOK FINANCIAL CORPORATION, EXCELERATE ENERGY INC-A, SS SPDR BB 1-3M T-BILL ETF, SS SPDR S&P 500 ETF TRUST-US, ISHARES 0-3 MONTH TREASURY B.
Over the last 9 quarters its long book ran on average 1.1pp per quarter ahead of the S&P 500, beating the index in 5 of 9 quarters. We rate its filings highest-signal: new buys here are worth attention.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+7.7%
Q2 2024
+16.1%
Q3 2024
+3.9%
Q4 2024
-5.8%
Q1 2025
-0.8%
Q2 2025
+3.1%
Q3 2025
+5.4%
Q4 2025
+9.0%
Q1 2026
+11.7%
Sector allocation
Financials 57%
Utilities 34%
Technology 5%
Consumer discretionary 2%
Industrials 1%
Services media 0%
Other 0%
Real estate 0%
Long book by quarter
What does George Kaiser own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| BOKF BOK FINANCIAL CORPORATION | Financials | 3.4M | $430.5M | 48.8% | Held |
| EE EXCELERATE ENERGY INC-A | Utilities | 7.9M | $262.5M | 29.7% | Held |
| ASPN ASPEN AEROGELS INC | Consumer discretionary | 3.2M | $10.8M | 1.2% | Held |
| JBL JABIL INC | Technology | 25.5K | $6.8M | 0.8% | -26.1% |
| TDG TRANSDIGM GROUP INC | Industrials | 3.4K | $3.9M | 0.4% | +0.2% |
| INTA INTAPP INC | Technology | 147.7K | $3.8M | 0.4% | +10.3% |
| FROG JFROG LTD | Technology | 76.6K | $3.6M | 0.4% | -30.8% |
| PCOR PROCORE TECHNOLOGIES INC | Technology | 52.5K | $3.0M | 0.3% | +0.3% |
| NOW SERVICENOW INC | Technology | 27.9K | $2.9M | 0.3% | +0.3% |
| TYL TYLER TECHNOLOGIES INC | Technology | 7.7K | $2.6M | 0.3% | +79.7% |
| TW TRADEWEB MARKETS INC-CLASS A | Financials | 22.0K | $2.6M | 0.3% | +0.3% |
| DSGX DESCARTES SYSTEMS GRP/THE | Technology | 24.1K | $1.7M | 0.2% | +24.0% |
| ALKT ALKAMI TECHNOLOGY INC | Technology | 105.7K | $1.7M | 0.2% | -31.7% |
| BOC BOSTON OMAHA CORP-CL A | Real estate | 140.9K | $1.6M | 0.2% | Held |
| TBLA TABOOLA.COM LTD | Technology | 502.5K | $1.6M | 0.2% | New |
| CLBT CELLEBRITE DI LTD | Technology | 104.8K | $1.4M | 0.2% | New |
| HURC HURCO COMPANIES INC | Technology | 80.6K | $1.2M | 0.1% | +13.6% |
| LRCX LAM RESEARCH CORP | Industrials | 5.5K | $1.2M | 0.1% | Held |
| KLAC KLA CORP | Other | 576 | $848K | 0.1% | Held |
| GOOGL ALPHABET INC-CL A | Technology | 2.5K | $731K | 0.1% | Held |
| AVGO BROADCOM INC | Technology | 2.3K | $708K | 0.1% | Held |
| MPWR MONOLITHIC POWER SYSTEMS INC | Technology | 647 | $707K | 0.1% | Held |
| UNH UNITEDHEALTH GROUP INC | Financials | 2.4K | $648K | 0.1% | Held |
| NVDA NVIDIA CORP | Technology | 3.5K | $615K | 0.1% | Held |
| ANET ARISTA NETWORKS INC | Technology | 4.9K | $600K | 0.1% | Held |
| TJX TJX COMPANIES INC | Consumer discretionary | 3.4K | $545K | 0.1% | Held |
| ETN EATON CORP PLC | Industrials | 1.4K | $510K | 0.1% | Held |
| AAPL APPLE INC | Technology | 1.9K | $484K | 0.1% | Held |
| TT TRANE TECHNOLOGIES PLC | Technology | 1.2K | $484K | 0.1% | Held |
| WK WORKIVA INC | Technology | 8.0K | $474K | 0.1% | +0.5% |
| NFLX NETFLIX INC | Services media | 4.7K | $452K | 0.1% | Held |
| CDNS CADENCE DESIGN SYS INC | Technology | 1.6K | $451K | 0.1% | Held |
| AMZN AMAZON.COM INC | Consumer discretionary | 2.2K | $449K | 0.1% | Held |
| LIN LINDE PLC | Materials | 905 | $449K | 0.1% | Held |
| LLY ELI LILLY & CO | Healthcare | 486 | $447K | 0.1% | Held |
| ORLY O'REILLY AUTOMOTIVE INC | Consumer discretionary | 4.7K | $438K | 0.0% | Held |
| WM WASTE MANAGEMENT INC | Utilities | 1.9K | $429K | 0.0% | Held |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 420 | $419K | 0.0% | Held |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 849 | $407K | 0.0% | Held |
| AZO AUTOZONE INC | Consumer discretionary | 119 | $402K | 0.0% | Held |
| TMO THERMO FISHER SCIENTIFIC INC | Other | 815 | $401K | 0.0% | Held |
| DHI DR HORTON INC | Industrials | 2.9K | $399K | 0.0% | Held |
| MA MASTERCARD INC - A | Services media | 794 | $397K | 0.0% | Held |
| MCO MOODY'S CORP | Services media | 904 | $394K | 0.0% | Held |
| MSCI MSCI INC | Services media | 729 | $393K | 0.0% | Held |
| META META PLATFORMS INC-CLASS A | Technology | 686 | $392K | 0.0% | Held |
| VRTX VERTEX PHARMACEUTICALS INC | Healthcare | 869 | $388K | 0.0% | Held |
| MSFT MICROSOFT CORP | Technology | 1.0K | $384K | 0.0% | Held |
| SHW SHERWIN-WILLIAMS CO/THE | Consumer discretionary | 1.2K | $374K | 0.0% | Held |
| PANW PALO ALTO NETWORKS INC | Technology | 2.3K | $374K | 0.0% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 14, 2026 | 71 | $882.8M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 10, 2026 | 67 | $747.2M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 12, 2025 | 68 | $712.6M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 68 | $693.9M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 13, 2025 | 68 | $680.5M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 12, 2025 | 17 | $678.8M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 7, 2024 | 17 | $654.3M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 2, 2024 | 18 | $565.9M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 6, 2024 | 18 | $527.3M | canonical | SEC ↗ |
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