OSBORNE PARTNERS CAPITAL MANAGEMENT, LLC

Filed: 4/24/2023ACC: 0001005607-23-000006

📋 What this filing means

OSBORNE PARTNERS CAPITAL MANAGEMENT, LLC filed this quarterly 13F‑HR report disclosing 209 equity positions with a total reported market value of $1.36B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

209

Positions

$1.36B

Total AUM (reported)

20.17M

Total Shares

Allocation by class

COM$581.78M42.7%

ALLWRLD EX US$97.18M7.1%

CL A$39.08M2.9%

FTSE EMR MKT ETF$38.73M2.8%

REAL ESTATE ETF$27.88M2.0%

COM NEW$27.79M2.0%

FTSE EUROPE ETF$27.53M2.0%

Portfolio Concentration

Top 3$185.24M13.6%

4–10$188.86M13.8%

11–25$268.99M19.7%

Rest$720.68M52.8%

Top 3 weight

13.6%

Top 10 weight

27.4%

Voting Authority Distribution

Total shares with voting rights: 20.17M

Sole

Full voting authority

963.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

20.17M

% of voting shares100.0%

Investment Discretion (by position count)

Sole209

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings209

Rows:

VANGUARD INTL EQUITY INDEX F

SOLE

ALLWRLD EX US

Shares1.82M

TypeSH

Market value$97.18M

7.13%

Sole

100.00

Shared

0.00

None

1.82M

APPLE INC

SOLE

COM

Shares299.15K

TypeSH

Market value$49.33M

3.62%

Sole

0.00

Shared

0.00

None

299.15K

VANGUARD INTL EQUITY INDEX F

SOLE

FTSE EMR MKT ETF

Shares958.70K

TypeSH

Market value$38.73M

2.84%

Sole

100.00

Shared

0.00

None

958.60K

MICROSOFT CORP

SOLE

COM

Shares127.15K

TypeSH

Market value$36.66M

2.69%

Sole

0.00

Shared

0.00

None

127.15K

VANGUARD INDEX FDS

SOLE

REAL ESTATE ETF

Shares335.71K

TypeSH

Market value$27.88M

2.04%

Sole

0.00

Shared

0.00

None

335.71K

VANGUARD INTL EQUITY INDEX F

SOLE

FTSE EUROPE ETF

Shares451.68K

TypeSH

Market value$27.53M

2.02%

Sole

0.00

Shared

0.00

None

451.68K

ISHARES INC

SOLE

MSCI JPN ETF NEW

Shares459.99K

TypeSH

Market value$27.00M

1.98%

Sole

0.00

Shared

0.00

None

459.99K

SPDR INDEX SHS FDS

SOLE

DJ INTL RL ETF

Shares945.81K

TypeSH

Market value$24.86M

1.82%

Sole

0.00

Shared

0.00

None

945.81K

BARCLAYS BANK PLC

SOLE

DJUBS CMDT ETN36

Shares748.14K

TypeSH

Market value$23.63M

1.73%

Sole

0.00

Shared

0.00

None

748.14K

DANAHER CORPORATION

SOLE

COM

Shares84.52K

TypeSH

Market value$21.30M

1.56%

Sole

0.00

Shared

0.00

None

84.52K

ISHARES TR

SOLE

BLACKROCK ULTRA

Shares421.52K

TypeSH

Market value$21.18M

1.55%

Sole

0.00

Shared

0.00

None

421.52K

SPDR S&P 500 ETF TR

SOLE

TR UNIT

Shares48.28K

TypeSH

Market value$19.77M

1.45%

Sole

0.00

Shared

0.00

None

48.28K

SSGA ACTIVE ETF TR

SOLE

BLACKSTONE SENR

Shares466.55K

TypeSH

Market value$19.34M

1.42%

Sole

0.00

Shared

0.00

None

466.55K

ISHARES INC

SOLE

MSCI NETHERL ETF

Shares457.53K

TypeSH

Market value$19.31M

1.42%

Sole

0.00

Shared

0.00

None

457.53K

PALO ALTO NETWORKS INC

SOLE

COM

Shares96.66K

TypeSH

Market value$19.31M

1.42%

Sole

0.00

Shared

0.00

None

96.66K

ISHARES TR

SOLE

MSCI ACWI EX US

Shares394.04K

TypeSH

Market value$19.22M

1.41%

Sole

0.00

Shared

0.00

None

394.04K

ALPHABET INC

SOLE

CAP STK CL C

Shares179.84K

TypeSH

Market value$18.70M

1.37%

Sole

0.00

Shared

0.00

None

179.84K

GLOBAL X FDS

SOLE

DAX GERMANY ETF

Shares633.18K

TypeSH

Market value$18.58M

1.36%

Sole

0.00

Shared

0.00

None

633.18K

JPMORGAN CHASE & CO

SOLE

COM

Shares133.26K

TypeSH

Market value$17.37M

1.27%

Sole

0.00

Shared

0.00

None

133.26K

CHENIERE ENERGY INC

SOLE

COM NEW

Shares108.71K

TypeSH

Market value$17.13M

1.26%

Sole

0.00

Shared

0.00

None

108.71K

COLUMBIA ETF TR II

SOLE

INDIA CONSMR ETF

Shares377.19K

TypeSH

Market value$16.75M

1.23%

Sole

0.00

Shared

0.00

None

377.19K

VANGUARD SCOTTSDALE FDS

SOLE

SHRT TRM CORP BD

Shares214.34K

TypeSH

Market value$16.34M

1.20%

Sole

0.00

Shared

0.00

None

214.34K

META PLATFORMS INC

SOLE

CL A

Shares76.83K

TypeSH

Market value$16.28M

1.19%

Sole

0.00

Shared

0.00

None

76.83K

THERMO FISHER SCIENTIFIC INC

SOLE

COM

Shares26.55K

TypeSH

Market value$15.31M

1.12%

Sole

0.00

Shared

0.00

None

26.55K

MARSH & MCLENNAN COS INC

SOLE

COM

Shares86.46K

TypeSH

Market value$14.40M

1.06%

Sole

0.00

Shared

0.00

None

86.46K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
VANGUARD INTL EQUITY INDEX FSOLE	ALLWRLD EX US	1.82M	SH	$97.18M 7.13%	100.00	1.82M
APPLE INCSOLE	COM	299.15K	SH	$49.33M 3.62%	0.00	299.15K
VANGUARD INTL EQUITY INDEX FSOLE	FTSE EMR MKT ETF	958.70K	SH	$38.73M 2.84%	100.00	958.60K
MICROSOFT CORPSOLE	COM	127.15K	SH	$36.66M 2.69%	0.00	127.15K
VANGUARD INDEX FDSSOLE	REAL ESTATE ETF	335.71K	SH	$27.88M 2.04%	0.00	335.71K
VANGUARD INTL EQUITY INDEX FSOLE	FTSE EUROPE ETF	451.68K	SH	$27.53M 2.02%	0.00	451.68K
ISHARES INCSOLE	MSCI JPN ETF NEW	459.99K	SH	$27.00M 1.98%	0.00	459.99K
SPDR INDEX SHS FDSSOLE	DJ INTL RL ETF	945.81K	SH	$24.86M 1.82%	0.00	945.81K
BARCLAYS BANK PLCSOLE	DJUBS CMDT ETN36	748.14K	SH	$23.63M 1.73%	0.00	748.14K
DANAHER CORPORATIONSOLE	COM	84.52K	SH	$21.30M 1.56%	0.00	84.52K
ISHARES TRSOLE	BLACKROCK ULTRA	421.52K	SH	$21.18M 1.55%	0.00	421.52K
SPDR S&P 500 ETF TRSOLE	TR UNIT	48.28K	SH	$19.77M 1.45%	0.00	48.28K
SSGA ACTIVE ETF TRSOLE	BLACKSTONE SENR	466.55K	SH	$19.34M 1.42%	0.00	466.55K
ISHARES INCSOLE	MSCI NETHERL ETF	457.53K	SH	$19.31M 1.42%	0.00	457.53K
PALO ALTO NETWORKS INCSOLE	COM	96.66K	SH	$19.31M 1.42%	0.00	96.66K
ISHARES TRSOLE	MSCI ACWI EX US	394.04K	SH	$19.22M 1.41%	0.00	394.04K
ALPHABET INCSOLE	CAP STK CL C	179.84K	SH	$18.70M 1.37%	0.00	179.84K
GLOBAL X FDSSOLE	DAX GERMANY ETF	633.18K	SH	$18.58M 1.36%	0.00	633.18K
JPMORGAN CHASE & COSOLE	COM	133.26K	SH	$17.37M 1.27%	0.00	133.26K
CHENIERE ENERGY INCSOLE	COM NEW	108.71K	SH	$17.13M 1.26%	0.00	108.71K
COLUMBIA ETF TR IISOLE	INDIA CONSMR ETF	377.19K	SH	$16.75M 1.23%	0.00	377.19K
VANGUARD SCOTTSDALE FDSSOLE	SHRT TRM CORP BD	214.34K	SH	$16.34M 1.20%	0.00	214.34K
META PLATFORMS INCSOLE	CL A	76.83K	SH	$16.28M 1.19%	0.00	76.83K
THERMO FISHER SCIENTIFIC INCSOLE	COM	26.55K	SH	$15.31M 1.12%	0.00	26.55K
MARSH & MCLENNAN COS INCSOLE	COM	86.46K	SH	$14.40M 1.06%	0.00	86.46K

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