# EDGAR Filing Document

**Accession Number:** 0001007524
**File Stem:** 0001085146-25-003427
**Filing Date:** 2025-6
**Character Count:** 30551
**Document Hash:** 3efdb02e6875e77f6cb5e4e159e559b3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001085146-25-003427.hdr.sgml**: 20250605

**ACCESSION NUMBER**: 0001085146-25-003427

**CONFORMED SUBMISSION TYPE**: 13F-HR/A

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20241231

**FILED AS OF DATE**: 20250605

**DATE AS OF CHANGE**: 20250604

**EFFECTIVENESS DATE**: 20250605

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** OSTERWEIS CAPITAL MANAGEMENT INC
- **CENTRAL INDEX KEY:** 0001007524

**ORGANIZATION NAME:**
- **EIN:** 942871718
- **STATE OF INCORPORATION:** CA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-04483
- **FILM NUMBER:** 251024753

**BUSINESS ADDRESS:**
- **STREET 1:** ONE MARITIME PLAZA
- **STREET 2:** STE 800
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94111
- **BUSINESS PHONE:** 4154344441

**MAIL ADDRESS:**
- **STREET 1:** ONE MARITIME PLAZA
- **STREET 2:** STE 800
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94111

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2024

**Check here if Amendment** [x] **Amendment Number:** 1

**This Amendment (Check only one.):** [x] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** OSTERWEIS CAPITAL MANAGEMENT INC<br>**Address:** One Maritime Plaza<br>Ste 800<br>SAN FRANCISCO, CA 94111

**Form 13F File Number:** 028-04483

**CRD Number (if applicable):** 000105421

**SEC File Number (if applicable):** 801-18395

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** John Tavernetti<br>**Title:** Chief Compliance Officer<br>**Phone:** 415-434-4441

**Signature, Place, and Date of Signing:**

/s/  John Tavernetti  San Francisco, CA  06-04-2025<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 1

**Form 13F Information Table Entry Total:** 246

**Form 13F Information Table Value Total:** $2149101752

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

| No.   | Name                                | Form 13F File Number   |
|:---|:---|:---|
|  | OSTERWEIS CAPITAL MANAGEMENT LLC/CA | 028-06550              |

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ABBOTT LABS | COM | 002824100 | BBG001S5N9M6 | 395319 | 3495 | SH |  | SOLE | 1 | 3495 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 | BBG0025Y4RZ3 | 765176 | 4306 | SH |  | SOLE | 1 | 4306 | 0 | 0 |
| ABERCROMBIE  FITCH CO | CL A | 002896207 | BBG001S97027 | 6098376 | 40800 | SH |  | SOLE | 1 | 40800 | 0 | 0 |
| ACM RESH INC | COM CL A | 00108J109 | BBG00HPSG942 | 3555914 | 235491 | SH |  | SOLE | 1 | 235491 | 0 | 0 |
| ACV AUCTIONS INC | COM CL A | 00091G104 | BBG00G5JGQ75 | 11640456 | 538910 | SH |  | SOLE | 1 | 538910 | 0 | 0 |
| ADOBE INC | COM | 00724F101 | BBG001S5NCQ5 | 5781 | 13 | SH |  | SOLE |  | 13 | 0 | 0 |
| ADOBE INC | COM | 00724F101 | BBG001S5NCQ5 | 54251 | 122 | SH |  | SOLE | 1 | 122 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 | BBG001S5NN36 | 4625291 | 38292 | SH |  | SOLE |  | 38292 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 | BBG001S5NN36 | 12672320 | 104912 | SH |  | SOLE | 1 | 104912 | 0 | 0 |
| AGILENT TECHNOLOGIES INC | COM | 00846U101 | BBG001SCTQY4 | 43526 | 324 | SH |  | SOLE | 1 | 324 | 0 | 0 |
| AGILYSYS INC | COM | 00847J105 | BBG001S5V6V3 | 20106190 | 152655 | SH |  | SOLE | 1 | 152655 | 0 | 0 |
| AIR PRODS  CHEMS INC | COM | 009158106 | BBG001S5NSB6 | 9845988 | 33947 | SH |  | SOLE |  | 33947 | 0 | 0 |
| AIR PRODS  CHEMS INC | COM | 009158106 | BBG001S5NSB6 | 25047871 | 86360 | SH |  | SOLE | 1 | 86360 | 0 | 0 |
| AIRBNB INC | COM CL A | 009066101 | BBG001Y2XS16 | 225368 | 1715 | SH |  | SOLE | 1 | 1715 | 0 | 0 |
| AIRBNB INC | NOTE 3/1 | 009066AB7 |  | 66540375 | 70750000 | PRN |  | SOLE | 1 | 70750000 | 0 | 0 |
| AKOYA BIOSCIENCES INC | COM | 00974H104 | BBG00JX4LRX4 | 288840 | 126131 | SH |  | SOLE |  | 126131 | 0 | 0 |
| ALARM COM HLDGS INC | NOTE 1/1 | 011642AB1 |  | 11382000 | 12000000 | PRN |  | SOLE | 1 | 12000000 | 0 | 0 |
| ALIGN TECHNOLOGY INC | COM | 016255101 | BBG001SCF1B9 | 43996 | 211 | SH |  | SOLE | 1 | 211 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 | BBG009S39JY5 | 911858 | 4817 | SH |  | SOLE | 1 | 4817 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 | BBG009S3NB21 | 27121703 | 142416 | SH |  | SOLE |  | 142416 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 | BBG009S3NB21 | 65540432 | 344153 | SH |  | SOLE | 1 | 344153 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 | BBG001S5PQL7 | 55175488 | 251495 | SH |  | SOLE | 1 | 251495 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 | BBG001S5PQL7 | 20676630 | 94246 | SH |  | SOLE |  | 94246 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 | BBG001S5P034 | 254646 | 858 | SH |  | SOLE | 1 | 858 | 0 | 0 |
| AMERICAN WTR WKS CO INC NEW | COM | 030420103 | BBG001SPHYW3 | 18279614 | 146836 | SH |  | SOLE | 1 | 146836 | 0 | 0 |
| AMERICAN WTR WKS CO INC NEW | COM | 030420103 | BBG001SPHYW3 | 7000073 | 56230 | SH |  | SOLE |  | 56230 | 0 | 0 |
| AMETEK INC | COM | 031100100 | BBG001S5NN54 | 6981470 | 38730 | SH |  | SOLE |  | 38730 | 0 | 0 |
| AMETEK INC | COM | 031100100 | BBG001S5NN54 | 18888920 | 104787 | SH |  | SOLE | 1 | 104787 | 0 | 0 |
| AMGEN INC | COM | 031162100 | BBG001S5NNL6 | 82884 | 318 | SH |  | SOLE | 1 | 318 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 | BBG001S5ND38 | 19524218 | 91896 | SH |  | SOLE | 1 | 91896 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 | BBG001S5ND38 | 7392546 | 34795 | SH |  | SOLE |  | 34795 | 0 | 0 |
| APPLE INC | COM | 037833100 | BBG001S5N8V8 | 11674792 | 46621 | SH |  | SOLE | 1 | 46621 | 0 | 0 |
| APPLE INC | COM | 037833100 | BBG001S5N8V8 | 247165 | 987 | SH |  | SOLE |  | 987 | 0 | 0 |
| AUTODESK INC | COM | 052769106 | BBG001S5SCD4 | 4746854 | 16060 | SH |  | SOLE | 1 | 16060 | 0 | 0 |
| AUTOZONE INC | COM | 053332102 | BBG001S6Q5D9 | 26602216 | 8308 | SH |  | SOLE | 1 | 8308 | 0 | 0 |
| AUTOZONE INC | COM | 053332102 | BBG001S6Q5D9 | 10566600 | 3300 | SH |  | SOLE |  | 3300 | 0 | 0 |
| AVANTOR INC | COM | 05352A100 | BBG00G2HHYF5 | 39738 | 1886 | SH |  | SOLE | 1 | 1886 | 0 | 0 |
| AXON ENTERPRISE INC | COM | 05464C101 | BBG001SB2HG5 | 11126265 | 18721 | SH |  | SOLE | 1 | 18721 | 0 | 0 |
| BANK HAWAII CORP | COM | 062540109 | BBG001S6R977 | 71240 | 1000 | SH |  | SOLE | 1 | 1000 | 0 | 0 |
| BECTON DICKINSON  CO | COM | 075887109 | BBG001S5P374 | 15120117 | 66647 | SH |  | SOLE | 1 | 66647 | 0 | 0 |
| BECTON DICKINSON  CO | COM | 075887109 | BBG001S5P374 | 5536309 | 24403 | SH |  | SOLE |  | 24403 | 0 | 0 |
| BERKLEY W R CORP | COM | 084423102 | BBG001S5P463 | 309571 | 5290 | SH |  | SOLE | 1 | 5290 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 | BBG001S902J2 | 2723680 | 4 | SH |  | SOLE |  | 4 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 | BBG001S902J2 | 680920 | 1 | SH |  | SOLE | 1 | 1 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | BBG001S90346 | 1706599 | 3765 | SH |  | SOLE | 1 | 3765 | 0 | 0 |
| BIO-TECHNE CORP | COM | 09073M104 | BBG001S66C28 | 17700004 | 245731 | SH |  | SOLE | 1 | 245731 | 0 | 0 |
| BOEING CO | COM | 097023105 | BBG001S5P0V3 | 10910457 | 61641 | SH |  | SOLE | 1 | 61641 | 0 | 0 |
| BOEING CO | COM | 097023105 | BBG001S5P0V3 | 3844086 | 21718 | SH |  | SOLE |  | 21718 | 0 | 0 |
| BOOT BARN HLDGS INC | COM | 099406100 | BBG007D38ZV3 | 11586143 | 76315 | SH |  | SOLE | 1 | 76315 | 0 | 0 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 | BBG001S63L94 | 20068864 | 224685 | SH |  | SOLE | 1 | 224685 | 0 | 0 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 | BBG001S63L94 | 9532856 | 106727 | SH |  | SOLE |  | 106727 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 | BBG001S8N8J6 | 199713 | 3531 | SH |  | SOLE | 1 | 3531 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 | BBG00KHY5SY8 | 10903435 | 47030 | SH |  | SOLE |  | 47030 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 | BBG00KHY5SY8 | 32966721 | 142196 | SH |  | SOLE | 1 | 142196 | 0 | 0 |
| BROWN  BROWN INC | COM | 115236101 | BBG001S5XFN0 | 23013747 | 225581 | SH |  | SOLE | 1 | 225581 | 0 | 0 |
| BROWN  BROWN INC | COM | 115236101 | BBG001S5XFN0 | 8497756 | 83295 | SH |  | SOLE |  | 83295 | 0 | 0 |
| CABLE ONE INC | NOTE 3/1 | 12685JAE5 |  | 14928000 | 16000000 | PRN |  | SOLE | 1 | 16000000 | 0 | 0 |
| CARRIER GLOBAL CORPORATION | COM | 14448C104 | BBG00RP5HZM1 | 34130 | 500 | SH |  | SOLE | 1 | 500 | 0 | 0 |
| CAVCO INDS INC DEL | COM | 149568107 | BBG001SJQBM8 | 17180301 | 38501 | SH |  | SOLE | 1 | 38501 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 | BBG001S67ZC5 | 260712 | 1800 | SH |  | SOLE | 1 | 1800 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 | BBG001S67ZC5 | 7242 | 50 | SH |  | SOLE |  | 50 | 0 | 0 |
| CLEARWATER ANALYTICS HLDGS I | CL A | 185123106 | BBG012C765M3 | 9674931 | 351560 | SH |  | SOLE | 1 | 351560 | 0 | 0 |
| COCA COLA CO | COM | 191216100 | BBG001S5SMQ8 | 5230 | 84 | SH |  | SOLE |  | 84 | 0 | 0 |
| CONMED CORP | COM | 207410101 | BBG001S5PZH2 | 12796227 | 186970 | SH |  | SOLE | 1 | 186970 | 0 | 0 |
| COPART INC | COM | 217204106 | BBG001S7MTB1 | 14921 | 260 | SH |  | SOLE | 1 | 260 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 | BBG001S9KRQ7 | 574501 | 627 | SH |  | SOLE | 1 | 627 | 0 | 0 |
| CRANE COMPANY | COMMON STOCK | 224408104 | BBG016G0L0V9 | 303500 | 2000 | SH |  | SOLE | 1 | 2000 | 0 | 0 |
| CRANE NXT CO | COM | 224441105 | BBG017BXPZ94 | 116440 | 2000 | SH |  | SOLE | 1 | 2000 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 | BBG001S5QGT0 | 6562835 | 28590 | SH |  | SOLE |  | 28590 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 | BBG001S5QGT0 | 16860707 | 73451 | SH |  | SOLE | 1 | 73451 | 0 | 0 |
| DEERE  CO | COM | 244199105 | BBG001S5QFF7 | 5816130 | 13727 | SH |  | SOLE |  | 13727 | 0 | 0 |
| DEERE  CO | COM | 244199105 | BBG001S5QFF7 | 16318382 | 38514 | SH |  | SOLE | 1 | 38514 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 | BBG001S5QHF3 | 44540 | 400 | SH |  | SOLE |  | 400 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 | BBG001S5QHF3 | 285613 | 2565 | SH |  | SOLE | 1 | 2565 | 0 | 0 |
| DUOLINGO INC | CL A COM | 26603R106 | BBG003D4V960 | 6837362 | 21088 | SH |  | SOLE | 1 | 21088 | 0 | 0 |
| E L F BEAUTY INC | COM | 26856L103 | BBG00DQ6VYQ2 | 16050186 | 127839 | SH |  | SOLE | 1 | 127839 | 0 | 0 |
| EASTGROUP PPTYS INC | COM | 277276101 | BBG001S5QT03 | 25425949 | 158427 | SH |  | SOLE | 1 | 158427 | 0 | 0 |
| EASTGROUP PPTYS INC | COM | 277276101 | BBG001S5QT03 | 8248063 | 51393 | SH |  | SOLE |  | 51393 | 0 | 0 |
| ECOLAB INC | COM | 278865100 | BBG001S5QRB5 | 55065 | 235 | SH |  | SOLE | 1 | 235 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 | BBG001S5STL8 | 8410168 | 10894 | SH |  | SOLE |  | 10894 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 | BBG001S5STL8 | 270972 | 351 | SH |  | SOLE | 1 | 351 | 0 | 0 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 | BBG001S9P0Z1 | 2368464 | 75525 | SH |  | SOLE |  | 75525 | 0 | 0 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 | BBG001S9P0Z1 | 385414 | 12290 | SH |  | SOLE | 1 | 12290 | 0 | 0 |
| EQUIFAX INC | COM | 294429105 | BBG001S5QSK3 | 53519 | 210 | SH |  | SOLE | 1 | 210 | 0 | 0 |
| ESSEX PPTY TR INC | COM | 297178105 | BBG001S81418 | 1141760 | 4000 | SH |  | SOLE | 1 | 4000 | 0 | 0 |
| ETSY INC | NOTE 0.250% 6/1 | 29786AAN6 |  | 6366680 | 7750000 | PRN |  | SOLE | 1 | 7750000 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 | BBG001S69V32 | 371332 | 3452 | SH |  | SOLE |  | 3452 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 | BBG001S69V32 | 766436 | 7125 | SH |  | SOLE | 1 | 7125 | 0 | 0 |
| EZCORP INC | NOTE 2.375% 5/0 | 302301AE6 |  | 21530000 | 21530000 | PRN |  | SOLE | 1 | 21530000 | 0 | 0 |
| FAIR ISAAC CORP | COM | 303250104 | BBG001S8ZT61 | 3523946 | 1770 | SH |  | SOLE | 1 | 1770 | 0 | 0 |
| FASTENAL CO | COM | 311900104 | BBG001S5R1F7 | 142310 | 1979 | SH |  | SOLE | 1 | 1979 | 0 | 0 |
| FIRST TR EXCHANGE TRAD FD VI | FST TR GLB FD | 33739H101 | BBG005GHHC44 | 612408 | 25592 | PRN |  | SOLE | 1 | 25592 | 0 | 0 |
| FIRSTSERVICE CORP NEW | COM | 33767E202 | BBG0093LLBP5 | 20842281 | 115138 | SH |  | SOLE | 1 | 115138 | 0 | 0 |
| FISERV INC | COM | 337738108 | BBG001S5R6Q4 | 270744 | 1318 | SH |  | SOLE | 1 | 1318 | 0 | 0 |
| FORD MTR CO | NOTE 3/1 | 345370CZ1 |  | 2913000 | 3000000 | PRN |  | SOLE | 1 | 3000000 | 0 | 0 |
| FRESHPET INC | COM | 358039105 | BBG001V04FM0 | 17758389 | 119900 | SH |  | SOLE | 1 | 119900 | 0 | 0 |
| GALLAGHER ARTHUR J  CO | COM | 363576109 | BBG001S5NKC2 | 143912 | 507 | SH |  | SOLE | 1 | 507 | 0 | 0 |
| GENERAC HLDGS INC | COM | 368736104 | BBG001T5VGH6 | 15302660 | 98695 | SH |  | SOLE | 1 | 98695 | 0 | 0 |
| GUIDEWIRE SOFTWARE INC | COM | 40171V100 | BBG001TWHGX5 | 17995409 | 106747 | SH |  | SOLE | 1 | 106747 | 0 | 0 |
| HA SUSTAINABLE INFRA CAP INC | COM | 41068X100 | BBG0044K5DN3 | 64124 | 2390 | SH |  | SOLE | 1 | 2390 | 0 | 0 |
| HAEMONETICS CORP MASS | NOTE 3/0 | 405024AB6 |  | 45961791 | 48570000 | PRN |  | SOLE | 1 | 48570000 | 0 | 0 |
| HEICO CORP NEW | COM | 422806109 | BBG001S5RVC4 | 159524 | 671 | SH |  | SOLE | 1 | 671 | 0 | 0 |
| HERSHEY CO | COM | 427866108 | BBG001S5S148 | 19702179 | 116340 | SH |  | SOLE | 1 | 116340 | 0 | 0 |
| HERSHEY CO | COM | 427866108 | BBG001S5S148 | 7340984 | 43348 | SH |  | SOLE |  | 43348 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 | BBG001S5RTW7 | 395603 | 1017 | SH |  | SOLE | 1 | 1017 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 | BBG001S5RTW7 | 714964 | 1838 | SH |  | SOLE |  | 1838 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 | BBG001S5X1N1 | 185456 | 821 | SH |  | SOLE | 1 | 821 | 0 | 0 |
| INTEGRAL AD SCIENCE HLDNG CO | COM | 45828L108 | BBG011BPJYL0 | 149135 | 14285 | SH |  | SOLE | 1 | 14285 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 | BBG001S5S399 | 168170 | 765 | SH |  | SOLE | 1 | 765 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 | BBG001S5S399 | 1814697 | 8255 | SH |  | SOLE |  | 8255 | 0 | 0 |
| INTUIT | COM | 461202103 | BBG001S6TWR2 | 19973730 | 31780 | SH |  | SOLE | 1 | 31780 | 0 | 0 |
| INTUIT | COM | 461202103 | BBG001S6TWR2 | 7037315 | 11197 | SH |  | SOLE |  | 11197 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 | BBG001S7XR78 | 20878 | 40 | SH |  | SOLE | 1 | 40 | 0 | 0 |
| ISHARES BITCOIN TRUST ETF | SHS BEN INT | 46438F101 | BBG01KYQ6QS5 | 87002 | 1640 | PRN |  | SOLE | 1 | 1640 | 0 | 0 |
| ISHARES TR | CORE 1 5 YR USD | 46432F859 | BBG003HC6JD6 | 429930 | 9000 | PRN |  | SOLE | 1 | 9000 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 | BBG001SFB7R6 | 89479 | 152 | PRN |  | SOLE | 1 | 152 | 0 | 0 |
| ISHARES TR | EXPND TEC SC ETF | 464287549 | BBG001SHHYT5 | 966154 | 9464 | PRN |  | SOLE | 1 | 9464 | 0 | 0 |
| JAMF HLDG CORP | NOTE 0.125% 9/0 | 47074LAB1 |  | 10629080 | 11600000 | PRN |  | SOLE | 1 | 11600000 | 0 | 0 |
| JAZZ INVESTMENTS I LTD | NOTE 2.000% 6/1 | 472145AF8 |  | 7120750 | 7000000 | PRN |  | SOLE | 1 | 7000000 | 0 | 0 |
| JOHN BEAN TECHNOLOGIES CORP | NOTE 0.250% 5/1 | 477839AB0 |  | 9680600 | 9700000 | PRN |  | SOLE | 1 | 9700000 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 | BBG001S5SHQ9 | 403056 | 2787 | SH |  | SOLE |  | 2787 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 | BBG001S5SHQ9 | 669590 | 4630 | SH |  | SOLE | 1 | 4630 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 | BBG001S8CRC3 | 24738791 | 103203 | SH |  | SOLE | 1 | 103203 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 | BBG001S8CRC3 | 8347182 | 34822 | SH |  | SOLE |  | 34822 | 0 | 0 |
| KENVUE INC | COM | 49177J102 | BBG01C79X614 | 166850 | 7815 | SH |  | SOLE | 1 | 7815 | 0 | 0 |
| KEYSIGHT TECHNOLOGIES INC | COM | 49338L103 | BBG0059FN820 | 10514519 | 65458 | SH |  | SOLE |  | 65458 | 0 | 0 |
| KEYSIGHT TECHNOLOGIES INC | COM | 49338L103 | BBG0059FN820 | 27512385 | 171278 | SH |  | SOLE | 1 | 171278 | 0 | 0 |
| KLAVIYO INC | COM SER A | 49845K101 | BBG009WR3FM4 | 13755313 | 333543 | SH |  | SOLE | 1 | 333543 | 0 | 0 |
| L3HARRIS TECHNOLOGIES INC | COM | 502431109 | BBG001S5S0N9 | 15974337 | 75967 | SH |  | SOLE | 1 | 75967 | 0 | 0 |
| L3HARRIS TECHNOLOGIES INC | COM | 502431109 | BBG001S5S0N9 | 6739264 | 32049 | SH |  | SOLE |  | 32049 | 0 | 0 |
| LAMAR ADVERTISING CO NEW | CL A | 512816109 | BBG001S8KJC2 | 16883219 | 138683 | SH |  | SOLE | 1 | 138683 | 0 | 0 |
| LAMAR ADVERTISING CO NEW | CL A | 512816109 | BBG001S8KJC2 | 7593046 | 62371 | SH |  | SOLE |  | 62371 | 0 | 0 |
| LENDINGTREE INC | NOTE 0.500% 7/1 | 52603BAD9 |  | 31688066 | 33017000 | PRN |  | SOLE | 1 | 33017000 | 0 | 0 |
| LEVI STRAUSS  CO NEW | CL A COM STK | 52736R102 | BBG001S9NVN8 | 44807 | 2590 | SH |  | SOLE | 1 | 2590 | 0 | 0 |
| LIFE TIME GROUP HOLDINGS INC | COMMON STOCK | 53190C102 | BBG012J3H0X2 | 7951808 | 359485 | SH |  | SOLE | 1 | 359485 | 0 | 0 |
| LINCOLN ELEC HLDGS INC | COM | 533900106 | BBG001S5TV87 | 337446 | 1800 | SH |  | SOLE | 1 | 1800 | 0 | 0 |
| LYFT INC | CL A COM | 55087P104 | BBG004M9ZHY4 | 78677 | 6099 | SH |  | SOLE | 1 | 6099 | 0 | 0 |
| LYFT INC | NOTE 1.500% 5/1 | 55087PAB0 |  | 72545903 | 73131000 | PRN |  | SOLE | 1 | 73131000 | 0 | 0 |
| MACOM TECH SOLUTIONS HLDGS I | COM | 55405Y100 | BBG001T4BB37 | 9097597 | 70030 | SH |  | SOLE | 1 | 70030 | 0 | 0 |
| MAGNOLIA OIL  GAS CORP | CL A | 559663109 | BBG00GNC8DM1 | 11234371 | 480512 | SH |  | SOLE | 1 | 480512 | 0 | 0 |
| MANHATTAN ASSOCIATES INC | COM | 562750109 | BBG001S71S35 | 8609576 | 31859 | SH |  | SOLE | 1 | 31859 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 | BBG001S5TC52 | 373547 | 3755 | SH |  | SOLE | 1 | 3755 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 | BBG001S5TC52 | 42577 | 428 | SH |  | SOLE |  | 428 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 | BBG001SQCQC5 | 14840336 | 25346 | SH |  | SOLE | 1 | 25346 | 0 | 0 |
| METTLER TOLEDO INTERNATIONAL | COM | 592688105 | BBG001SB87G1 | 61184 | 50 | SH |  | SOLE | 1 | 50 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 | BBG001S6P675 | 6144 | 73 | SH |  | SOLE | 1 | 73 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 | BBG001S6P675 | 505 | 6 | SH |  | SOLE |  | 6 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 | BBG001S5TD05 | 23460269 | 55659 | SH |  | SOLE |  | 55659 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 | BBG001S5TD05 | 67288679 | 159641 | SH |  | SOLE | 1 | 159641 | 0 | 0 |
| MID-AMER APT CMNTYS INC | COM | 59522J103 | BBG001S7HZ69 | 139113 | 900 | SH |  | SOLE | 1 | 900 | 0 | 0 |
| MODINE MFG CO | COM | 607828100 | BBG001S5T913 | 15502971 | 133727 | SH |  | SOLE | 1 | 133727 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 | BBG001S9V5Z3 | 73798 | 587 | SH |  | SOLE | 1 | 587 | 0 | 0 |
| NATERA INC | COM | 632307104 | BBG001V0FSF8 | 10655965 | 67315 | SH |  | SOLE | 1 | 67315 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 | BBG001SF6L46 | 89132 | 100 | SH |  | SOLE | 1 | 100 | 0 | 0 |
| NEW FOUND GOLD CORP | COM | 64440N103 | BBG00JFFSNN2 | 56875 | 31250 | SH |  | SOLE | 1 | 31250 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 | BBG001S5RB29 | 8173 | 114 | SH |  | SOLE | 1 | 114 | 0 | 0 |
| NIKE INC | CL B | 654106103 | BBG001S6NTK2 | 30268 | 400 | SH |  | SOLE | 1 | 400 | 0 | 0 |
| NORFOLK SOUTHN CORP | COM | 655844108 | BBG001S5TQJ6 | 1418292 | 6043 | SH |  | SOLE |  | 6043 | 0 | 0 |
| NORFOLK SOUTHN CORP | COM | 655844108 | BBG001S5TQJ6 | 467053 | 1990 | SH |  | SOLE | 1 | 1990 | 0 | 0 |
| NOVARTIS AG | SPONSORED ADR | 66987V109 | BBG001SF5LW6 | 1626731 | 16717 | PRN |  | SOLE |  | 16717 | 0 | 0 |
| NOVARTIS AG | SPONSORED ADR | 66987V109 | BBG001SF5LW6 | 6623405 | 68065 | PRN |  | SOLE | 1 | 68065 | 0 | 0 |
| NOVO-NORDISK A S | ADR | 670100205 | BBG001S5TSK0 | 4896258 | 56920 | PRN |  | SOLE |  | 56920 | 0 | 0 |
| NOVO-NORDISK A S | ADR | 670100205 | BBG001S5TSK0 | 14683528 | 170699 | PRN |  | SOLE | 1 | 170699 | 0 | 0 |
| NUVALENT INC | COM | 670703107 | BBG00Z1SLMN2 | 8694168 | 111065 | SH |  | SOLE | 1 | 111065 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 | BBG001S5TZJ6 | 28145841 | 209590 | SH |  | SOLE | 1 | 209590 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 | BBG001S5TZJ6 | 9694529 | 72191 | SH |  | SOLE |  | 72191 | 0 | 0 |
| OKTA INC | NOTE 0.125% 9/0 | 679295AD7 |  | 7967165 | 8239000 | PRN |  | SOLE | 1 | 8239000 | 0 | 0 |
| OLD DOMINION FREIGHT LINE IN | COM | 679580100 | BBG001S6WQT9 | 7521343 | 42638 | SH |  | SOLE |  | 42638 | 0 | 0 |
| OLD DOMINION FREIGHT LINE IN | COM | 679580100 | BBG001S6WQT9 | 20986353 | 118970 | SH |  | SOLE | 1 | 118970 | 0 | 0 |
| ONTO INNOVATION INC | COM | 683344105 | BBG001S5THX0 | 5107935 | 30647 | SH |  | SOLE | 1 | 30647 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 | BBG001S5SJG6 | 307451 | 1845 | SH |  | SOLE | 1 | 1845 | 0 | 0 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 | BBG001S78TL6 | 23716 | 20 | SH |  | SOLE | 1 | 20 | 0 | 0 |
| OTIS WORLDWIDE CORP | COM | 68902V107 | BBG00RP60LN7 | 23153 | 250 | SH |  | SOLE | 1 | 250 | 0 | 0 |
| PACIRA BIOSCIENCES INC | NOTE 0.750% 8/0 | 695127AF7 |  | 27740328 | 28560000 | PRN |  | SOLE | 1 | 28560000 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 | BBG001T53796 | 944770 | 12492 | SH |  | SOLE |  | 12492 | 0 | 0 |
| PEGASYSTEMS INC | NOTE 0.750% 3/0 | 705573AB9 |  | 74090250 | 74500000 | PRN |  | SOLE | 1 | 74500000 | 0 | 0 |
| PEPSICO INC | COM | 713448108 | BBG001S695T1 | 43641 | 287 | SH |  | SOLE | 1 | 287 | 0 | 0 |
| PIMCO ETF TR | 0-5 HIGH YIELD | 72201R783 | BBG001V1XW67 | 503062 | 5370 | PRN |  | SOLE | 1 | 5370 | 0 | 0 |
| POOL CORP | COM | 73278L105 | BBG001S5VBK4 | 13979 | 41 | SH |  | SOLE | 1 | 41 | 0 | 0 |
| PROCEPT BIOROBOTICS CORP | COM | 74276L105 | BBG009KD84J2 | 7065227 | 87745 | SH |  | SOLE | 1 | 87745 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 | BBG001S5V4L9 | 2259922 | 13480 | SH |  | SOLE | 1 | 13480 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 | BBG001S5V4L9 | 807402 | 4816 | SH |  | SOLE |  | 4816 | 0 | 0 |
| PROGRESSIVE CORP | COM | 743315103 | BBG001S5V509 | 10683970 | 44589 | SH |  | SOLE |  | 44589 | 0 | 0 |
| PROGRESSIVE CORP | COM | 743315103 | BBG001S5V509 | 24063362 | 100427 | SH |  | SOLE | 1 | 100427 | 0 | 0 |
| PROLOGIS INC. | COM | 74340W103 | BBG001S5NMN6 | 107814 | 1020 | SH |  | SOLE | 1 | 1020 | 0 | 0 |
| PROSHARES TR | S 500 DV ARIST | 74348A467 | BBG005D266P2 | 260855 | 2620 | PRN |  | SOLE | 1 | 2620 | 0 | 0 |
| PRUDENTIAL FINL INC | COM | 744320102 | BBG001S97MM7 | 3793 | 32 | SH |  | SOLE | 1 | 32 | 0 | 0 |
| PULSE BIOSCIENCES INC | COM | 74587B101 | BBG00BRBHVG7 | 17410 | 1000 | SH |  | SOLE | 1 | 1000 | 0 | 0 |
| RAMBUS INC DEL | COM | 750917106 | BBG001S7RF80 | 9342741 | 176745 | SH |  | SOLE | 1 | 176745 | 0 | 0 |
| REALTY INCOME CORP | COM | 756109104 | BBG001S884K0 | 106820 | 2000 | SH |  | SOLE | 1 | 2000 | 0 | 0 |
| RELIANCE INC | COM | 759509102 | BBG001S81M27 | 100703 | 374 | SH |  | SOLE | 1 | 374 | 0 | 0 |
| REPLIGEN CORP | COM | 759916109 | BBG001S5VNT9 | 8878939 | 61685 | SH |  | SOLE | 1 | 61685 | 0 | 0 |
| RIVIAN AUTOMOTIVE INC | COM CL A | 76954A103 | BBG00741Y1P0 | 13300 | 1000 | SH |  | SOLE | 1 | 1000 | 0 | 0 |
| RIVIAN AUTOMOTIVE INC | COM CL A | 76954A103 | BBG00741Y1P0 | 2328 | 175 | SH |  | SOLE |  | 175 | 0 | 0 |
| ROSS STORES INC | COM | 778296103 | BBG001S5VRS1 | 11305012 | 74734 | SH |  | SOLE |  | 74734 | 0 | 0 |
| ROSS STORES INC | COM | 778296103 | BBG001S5VRS1 | 30833797 | 203833 | SH |  | SOLE | 1 | 203833 | 0 | 0 |
| RTX CORPORATION | COM | 75513E101 | BBG001S5X5Q9 | 131111 | 1133 | SH |  | SOLE | 1 | 1133 | 0 | 0 |
| RXSIGHT INC | COM | 78349D107 | BBG00THX1YQ1 | 9903915 | 288072 | SH |  | SOLE | 1 | 288072 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 | BBG001S5T5M8 | 179291 | 360 | SH |  | SOLE | 1 | 360 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 | BBG001SDLP09 | 10137554 | 30322 | SH |  | SOLE |  | 30322 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 | BBG001SDLP09 | 28890124 | 86412 | SH |  | SOLE | 1 | 86412 | 0 | 0 |
| SCHWAB STRATEGIC TR | FUNDAMENTAL US S | 808524763 | BBG0051NXNX3 | 117968 | 3972 | PRN |  | SOLE | 1 | 3972 | 0 | 0 |
| SCHWAB STRATEGIC TR | US BRD MKT ETF | 808524102 | BBG001T5XQT9 | 3204695 | 141176 | PRN |  | SOLE | 1 | 141176 | 0 | 0 |
| SCHWAB STRATEGIC TR | US MID-CAP ETF | 808524508 | BBG001V036R6 | 267595 | 9657 | PRN |  | SOLE | 1 | 9657 | 0 | 0 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 | BBG001S7TCZ5 | 755225 | 3248 | PRN |  | SOLE | 1 | 3248 | 0 | 0 |
| SENTINELONE INC | CL A | 81730H109 | BBG00B6F2F27 | 10913453 | 491597 | SH |  | SOLE | 1 | 491597 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 | BBG001T4JFC0 | 173860 | 164 | SH |  | SOLE | 1 | 164 | 0 | 0 |
| SKECHERS U S A INC | CL A | 830566105 | BBG001S5XTG8 | 11765319 | 174975 | SH |  | SOLE | 1 | 174975 | 0 | 0 |
| SNAP INC | CL A | 83304A106 | BBG00441QMK5 | 43080 | 4000 | SH |  | SOLE | 1 | 4000 | 0 | 0 |
| SOUTHWEST AIRLS CO | NOTE 1.250% 5/0 | 844741BG2 |  | 4764906 | 4625000 | PRN |  | SOLE | 1 | 4625000 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 | BBG001S72SM3 | 148278 | 253 | PRN |  | SOLE | 1 | 253 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 | BBG001S72KH6 | 83950 | 920 | SH |  | SOLE | 1 | 920 | 0 | 0 |
| SUMMIT THERAPEUTICS INC | COM | 86627T108 | BBG00X3GQL94 | 89225 | 5000 | SH |  | SOLE | 1 | 5000 | 0 | 0 |
| SWEETGREEN INC | COM CL A | 87043Q108 | BBG005NTTSQ8 | 10127594 | 315895 | SH |  | SOLE | 1 | 315895 | 0 | 0 |
| TESLA INC | COM | 88160R101 | BBG001SQKGD7 | 201920 | 500 | SH |  | SOLE |  | 500 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 | BBG001S5WS08 | 24581388 | 47251 | SH |  | SOLE | 1 | 47251 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 | BBG001S5WS08 | 8862118 | 17035 | SH |  | SOLE |  | 17035 | 0 | 0 |
| TIDAL ETF TR | FUNDSTRAT GRANNY | 886364231 | BBG01QNBFYF4 | 1996 | 100 | PRN |  | SOLE | 1 | 100 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 | BBG001S5WQ93 | 72486 | 600 | SH |  | SOLE | 1 | 600 | 0 | 0 |
| TRANSCAT INC | COM | 893529107 | BBG001S5WVW6 | 9460029 | 89465 | SH |  | SOLE | 1 | 89465 | 0 | 0 |
| TYLER TEX INDPT SCH DIST | NOTE 0.250% 3/1 | 902252AB1 |  | 8480500 | 7000000 | PRN |  | SOLE | 1 | 7000000 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 | BBG002B04MW4 | 26420 | 438 | SH |  | SOLE | 1 | 438 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 | BBG001S5X2M0 | 877498 | 3848 | SH |  | SOLE | 1 | 3848 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 | BBG001S6WCJ1 | 25330434 | 50074 | SH |  | SOLE | 1 | 50074 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 | BBG001S6WCJ1 | 9155560 | 18099 | SH |  | SOLE |  | 18099 | 0 | 0 |
| US BANCORP DEL | COM NEW | 902973304 | BBG001S6T8C1 | 62609 | 1309 | SH |  | SOLE | 1 | 1309 | 0 | 0 |
| VANGUARD ADMIRAL FDS INC | SMLLCP 600 IDX | 921932828 | BBG001TC6MR5 | 161388 | 1522 | PRN |  | SOLE | 1 | 1522 | 0 | 0 |
| VANGUARD INDEX FDS | EXTEND MKT ETF | 922908652 | BBG001SK3J43 | 230455 | 1213 | PRN |  | SOLE | 1 | 1213 | 0 | 0 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 | BBG001SHTTS4 | 50334 | 123 | PRN |  | SOLE | 1 | 123 | 0 | 0 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 | BBG001TC6MC1 | 2230304 | 4139 | PRN |  | SOLE | 1 | 4139 | 0 | 0 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 | BBG001SHTB03 | 344874 | 1190 | PRN |  | SOLE | 1 | 1190 | 0 | 0 |
| VANGUARD STAR FDS | VG TL INTL STK F | 921909768 | BBG001TJR1D8 | 160763 | 2728 | PRN |  | SOLE | 1 | 2728 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 | BBG001S67QY1 | 73662 | 1842 | SH |  | SOLE | 1 | 1842 | 0 | 0 |
| VERRA MOBILITY CORP | CL A COM STK | 92511U102 | BBG00G4XQBP7 | 6861873 | 283783 | SH |  | SOLE | 1 | 283783 | 0 | 0 |
| VIKING THERAPEUTICS INC | COM | 92686J106 | BBG006LGV887 | 6255107 | 155445 | SH |  | SOLE | 1 | 155445 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 | BBG001SRCFY3 | 12749686 | 40342 | SH |  | SOLE |  | 40342 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 | BBG001SRCFY3 | 33610719 | 106350 | SH |  | SOLE | 1 | 106350 | 0 | 0 |
| WALGREENS BOOTS ALLIANCE INC | COM | 931427108 | BBG001S5XBY7 | 32991 | 3536 | SH |  | SOLE | 1 | 3536 | 0 | 0 |
| WALMART INC | COM | 931142103 | BBG001S5XH92 | 40658 | 450 | SH |  | SOLE | 1 | 450 | 0 | 0 |
| WASTE CONNECTIONS INC | COM | 94106B101 | BBG001SKJ4K1 | 26941148 | 157018 | SH |  | SOLE | 1 | 157018 | 0 | 0 |
| WASTE CONNECTIONS INC | COM | 94106B101 | BBG001SKJ4K1 | 9966224 | 58085 | SH |  | SOLE |  | 58085 | 0 | 0 |
| WASTE MGMT INC DEL | COM | 94106L109 | BBG001S5XH47 | 27645 | 137 | SH |  | SOLE | 1 | 137 | 0 | 0 |
| WEAVE COMMUNICATIONS INC | COM | 94724R108 | BBG00BCHPRQ9 | 10272221 | 645240 | SH |  | SOLE | 1 | 645240 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 | BBG001S5XF23 | 193371 | 2753 | SH |  | SOLE | 1 | 2753 | 0 | 0 |
| WIX COM LTD | NOTE 8/1 | 92940WAD1 |  | 50358739 | 51943000 | PRN |  | SOLE | 1 | 51943000 | 0 | 0 |
| WORKDAY INC | CL A | 98138H101 | BBG001T21KQ7 | 1032120 | 4000 | SH |  | SOLE | 1 | 4000 | 0 | 0 |

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