George Kaiser Family Foundation 13F annual report
George Kaiser Family Foundation is an investment fund managing more than $566 billion ran by Frederic Dorwart. There are currently 18 companies in Mr. Dorwart’s portfolio. The largest investments include BOK and Excelerate Inc, together worth $453 billion.
$566 billion Assets Under Management (AUM)
As of 26th July 2024, George Kaiser Family Foundation’s top holding is 3,361,707 shares of BOK currently worth over $308 billion and making up 54.4% of the portfolio value.
Relative to the number of outstanding shares of BOK, George Kaiser Family Foundation owns less than approximately 0.1% of the company.
In addition, the fund holds 7,854,167 shares of Excelerate Inc worth $145 billion, whose value grew 35.0% in the past six months.
The third-largest holding is Aspen Aerogels worth $75.5 billion and the next is ServiceNow Inc worth $4.53 billion, with 5,763 shares owned.
Currently, George Kaiser Family Foundation's portfolio is worth at least $566 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at George Kaiser Family Foundation
The George Kaiser Family Foundation office and employees reside in Tulsa, Oklahoma. According to the last 13-F report filed with the SEC, Frederic Dorwart serves as the President at George Kaiser Family Foundation.
Recent trades
In the most recent 13F filing, George Kaiser Family Foundation revealed that it had opened a new position in
PTC Inc and bought 24,555 shares worth $4.46 billion.
This means they effectively own approximately 0.1% of the company.
PTC Inc makes up
16.8%
of the fund's Technology sector allocation and has grown its share price by 22.3% in the past year.
The investment fund also strengthened its position in BOK by buying
38,898 additional shares.
This makes their stake in BOK total 3,361,707 shares worth $308 billion.
BOK dropped approximately 0.1% in the past year.
On the other hand, there are companies that George Kaiser Family Foundation is getting rid of from its portfolio.
George Kaiser Family Foundation closed its position in Topgolf Callaway Brands Corp on 2nd August 2024.
It sold the previously owned 705,518 shares for $14 billion.
Frederic Dorwart also disclosed a decreased stake in ServiceNow Inc by 0.6%.
This leaves the value of the investment at $4.53 billion and 5,763 shares.
One of the average hedge funds
The two most similar investment funds to George Kaiser Family Foundation are Compound Global Advisors and Paradice Investment Management. They manage $566 billion and $566 billion respectively.
Frederic Dorwart investment strategy
George Kaiser Family Foundation’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Miscellaneous — making up 54.4% of
the total portfolio value.
The fund focuses on investments in the United States as
72.2% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
17% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $10.3 billion.
The complete list of George Kaiser Family Foundation trades based on 13F SEC filings
These positions were updated on August 2nd based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| BOK Financial Corp. |
1.17%
3,361,707
|
$308,066,829,000 | 54.44% |
| Excelerate Energy Inc |
No change
7,854,167
|
$144,830,839,000 | 25.59% |
| Aspen Aerogels Inc. |
No change
3,167,322
|
$75,540,630,000 | 13.35% |
| Topgolf Callaway Brands Corp |
Closed
705,518
|
$14,004,532,000 | |
| PTC Inc |
Closed
53,572
|
$7,623,296,000 | |
| Alphabet Inc |
Closed
46,310
|
$5,570,608,000 | |
| Resideo Technologies Inc |
Closed
257,362
|
$4,545,013,000 | |
| ServiceNow Inc |
58.69%
5,763
|
$4,533,579,000 | 0.80% |
| PTC Inc |
Opened
24,555
|
$4,460,907,000 | 0.79% |
| Masonite International Corp |
Closed
43,522
|
$4,458,394,000 | |
| Microsoft Corporation |
Closed
12,327
|
$4,197,837,000 | |
| Intapp, Inc. |
Opened
103,970
|
$3,812,580,000 | 0.67% |
| Sprinklr, Inc. |
Closed
269,521
|
$3,727,475,000 | |
| Jabil Inc |
39.06%
33,628
|
$3,658,390,000 | 0.65% |
| NICE Ltd |
Closed
17,436
|
$3,600,534,000 | |
| CyberArk Software Ltd |
54.16%
12,432
|
$3,399,157,000 | 0.60% |
| Alight Inc. |
Closed
367,337
|
$3,394,194,000 | |
| Intapp, Inc. |
Closed
77,037
|
$3,228,621,000 | |
| Ryanair Holdings Plc |
Closed
28,566
|
$3,159,400,000 | |
| Visa Inc |
Closed
13,071
|
$3,104,101,000 | |
| Zeta Global Holdings Corp. |
Opened
164,749
|
$2,907,820,000 | 0.51% |
| Amazon.com Inc. |
Closed
21,703
|
$2,829,203,000 | |
| JFrog Ltd |
35.47%
75,037
|
$2,817,639,000 | 0.50% |
| Aon plc. |
Closed
7,537
|
$2,601,772,000 | |
| Gxo Logistics, Inc. |
Opened
49,503
|
$2,499,902,000 | 0.44% |
| Thermo Fisher Scientific Inc. |
Closed
4,740
|
$2,473,095,000 | |
| Costar Group, Inc. |
Closed
27,182
|
$2,419,198,000 | |
| Analog Devices Inc. |
Closed
12,106
|
$2,358,370,000 | |
| Morningstar Inc |
54.18%
7,693
|
$2,275,974,000 | 0.40% |
| Berkshire Hathaway Inc. |
Closed
6,597
|
$2,249,577,000 | |
| Workiva Inc |
Closed
21,574
|
$2,193,213,000 | |
| Moodys Corporation |
Closed
6,271
|
$2,180,552,000 | |
| S&P Global Inc |
Closed
5,268
|
$2,111,889,000 | |
| Tyler Technologies, Inc. |
54.20%
4,177
|
$2,100,112,000 | 0.37% |
| Mohawk Industries, Inc. |
Closed
19,208
|
$1,981,497,000 | |
| Unitedhealth Group Inc |
Closed
3,984
|
$1,914,870,000 | |
| Boston Omaha Corp |
40.50%
140,932
|
$1,896,945,000 | 0.34% |
| HEICO Corporation |
Closed
10,186
|
$1,802,311,000 | |
| Zuora Inc |
51.69%
179,254
|
$1,779,992,000 | 0.31% |
| Primo Water Corporation |
Closed
141,459
|
$1,773,896,000 | |
| Dollar General Corp. |
Closed
9,931
|
$1,686,085,000 | |
| Ericsson (telefonaktiebolaget Lm Ericsson) - Series B |
Closed
299,462
|
$1,632,068,000 | |
| Dollar Tree Inc |
Closed
11,134
|
$1,597,729,000 | |
| Adobe Inc |
Closed
3,157
|
$1,543,741,000 | |
| EBay Inc. |
Closed
27,077
|
$1,210,071,000 | |
| Endava plc |
Opened
29,943
|
$875,533,000 | 0.15% |
| Charles & Colvard Ltd |
Closed
476,682
|
$455,231,000 | |
| HEICO Corporation |
Closed
2,467
|
$346,860,000 | |
| Hurco Companies, Inc. |
Opened
19,241
|
$293,618,000 | 0.05% |
| Apollomics Inc. |
No change
670,976
|
$140,905,000 | 0.02% |
| No transactions found | |||
| Showing first 500 out of 50 holdings | |||
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