ORSER CAPITAL MANAGEMENT, LLC Diversified Active

CIK: 0001785717 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Jan 12, 2026

Total Value ($000): $176,955 (100.0% shares, 0.0% debt)

Holdings (55)

New Positions (6)

ADI ANALOG DEVICES INC 0.6%

Value ($000) $1,084 Shares 3,997 Est. Cost $250.62 Unrealized 0.0%

JNJ JOHNSON & JOHNSON 0.6%

Value ($000) $1,080 Shares 5,217 Est. Cost $197.01 Unrealized 0.0%

ITW ILLINOIS TOOL WKS INC 0.6%

Value ($000) $979 Shares 3,975 Est. Cost $247.57 Unrealized 0.0%

SCHJ SCHWAB STRATEGIC TR 0.4%

Value ($000) $795 Shares 31,930 Est. Cost $24.90 Unrealized —

CELH CELSIUS HLDGS INC 0.2%

Value ($000) $355 Shares 7,770 Est. Cost $50.38 Unrealized 0.0%

MASI MASIMO CORP 0.2%

Value ($000) $319 Shares 2,450 Est. Cost $143.19 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ADI	ANALOG DEVICES INC	3,997	$1,084	0.6%	$250.62	0.0%	COM	032654105
JNJ	JOHNSON & JOHNSON	5,217	$1,080	0.6%	$197.01	0.0%	COM	478160104
ITW	ILLINOIS TOOL WKS INC	3,975	$979	0.6%	$247.57	0.0%	COM	452308109
SCHJ	SCHWAB STRATEGIC TR	31,930	$795	0.4%	$24.90	—	1 5YR CORP BD	808524714
CELH	CELSIUS HLDGS INC	7,770	$355	0.2%	$50.38	0.0%	COM NEW	15118V207
MASI	MASIMO CORP	2,450	$319	0.2%	$143.19	0.0%	COM	574795100

Increased Positions (15)

VGSH VANGUARD SCOTTSDALE FDS 9.8%

Value ($000) $17,335 (+9.5%) Shares 295,160 (+9.7%) Est. Cost $58.80 Unrealized —

TMO THERMO FISHER SCIENTIFIC INC 1.5%

Value ($000) $2,712 (+73.4%) Shares 4,680 (+45.1%) Est. Cost $345.77 Unrealized +63.4%

VCSH VANGUARD SCOTTSDALE FDS 4.8%

Value ($000) $8,456 (+15.4%) Shares 106,060 (+15.6%) Est. Cost $79.64 Unrealized —

VOO VANGUARD INDEX FDS 4.0%

Value ($000) $7,050 (+7.9%) Shares 11,241 (+5.4%) Est. Cost $495.07 Unrealized —

VIG VANGUARD SPECIALIZED FUNDS 0.8%

Value ($000) $1,445 (+32.7%) Shares 6,575 (+30.3%) Est. Cost $208.19 Unrealized —

CAT CATERPILLAR INC 0.5%

Value ($000) $853 (+23.8%) Shares 1,489 (+3.1%) Est. Cost $429.32 Unrealized +29.4%

VSGX VANGUARD WORLD FD 1.4%

Value ($000) $2,472 (+6.8%) Shares 34,520 (+3.4%) Est. Cost $65.70 Unrealized —

VGT VANGUARD WORLD FD 2.4%

Value ($000) $4,174 (+3.7%) Shares 5,538 (+2.7%) Est. Cost $665.70 Unrealized —

AVGO BROADCOM INC 0.5%

Value ($000) $851 (+10.9%) Shares 2,460 (+5.7%) Est. Cost $308.51 Unrealized +15.7%

GE GE AEROSPACE 0.5%

Value ($000) $812 (+9.3%) Shares 2,637 (+6.7%) Est. Cost $250.03 Unrealized +20.3%

RS RELIANCE INC 0.8%

Value ($000) $1,492 (+4.6%) Shares 5,165 (+1.7%) Est. Cost $240.84 Unrealized +16.7%

RRC RANGE RES CORP 0.9%

Value ($000) $1,626 (-2.9%) Shares 46,102 (+3.7%) Est. Cost $27.98 Unrealized +33.1%

SCHW SCHWAB CHARLES CORP 0.4%

Value ($000) $662 (+5.8%) Shares 6,621 (+1.1%) Est. Cost $94.54 Unrealized +0.2%

UNP UNION PAC CORP 0.9%

Value ($000) $1,555 (-0.2%) Shares 6,721 (+2.0%) Est. Cost $167.61 Unrealized +35.6%

XLP SELECT SECTOR SPDR TR 0.3%

Value ($000) $516 (-0.3%) Shares 4,320 (+100.0%) Est. Cost $96.98 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VGSH	VANGUARD SCOTTSDALE FDS	295,160 (+9.7%)	$17,335 (+9.5%)	9.8%	$58.80	—	SHORT TERM TREAS	92206C102
TMO	THERMO FISHER SCIENTIFIC INC	4,680 (+45.1%)	$2,712 (+73.4%)	1.5%	$345.77	+63.4%	COM	883556102
VCSH	VANGUARD SCOTTSDALE FDS	106,060 (+15.6%)	$8,456 (+15.4%)	4.8%	$79.64	—	SHRT TRM CORP BD	92206C409
VOO	VANGUARD INDEX FDS	11,241 (+5.4%)	$7,050 (+7.9%)	4.0%	$495.07	—	S&P 500 ETF SHS	922908363
VIG	VANGUARD SPECIALIZED FUNDS	6,575 (+30.3%)	$1,445 (+32.7%)	0.8%	$208.19	—	DIV APP ETF	921908844
CAT	CATERPILLAR INC	1,489 (+3.1%)	$853 (+23.8%)	0.5%	$429.32	+29.4%	COM	149123101
VSGX	VANGUARD WORLD FD	34,520 (+3.4%)	$2,472 (+6.8%)	1.4%	$65.70	—	ESG INTL STK ETF	921910725
VGT	VANGUARD WORLD FD	5,538 (+2.7%)	$4,174 (+3.7%)	2.4%	$665.70	—	INF TECH ETF	92204A702
AVGO	BROADCOM INC	2,460 (+5.7%)	$851 (+10.9%)	0.5%	$308.51	+15.7%	COM	11135F101
GE	GE AEROSPACE	2,637 (+6.7%)	$812 (+9.3%)	0.5%	$250.03	+20.3%	COM NEW	369604301
RS	RELIANCE INC	5,165 (+1.7%)	$1,492 (+4.6%)	0.8%	$240.84	+16.7%	COM	759509102
RRC	RANGE RES CORP	46,102 (+3.7%)	$1,626 (-2.9%)	0.9%	$27.98	+33.1%	COM	75281A109
SCHW	SCHWAB CHARLES CORP	6,621 (+1.1%)	$662 (+5.8%)	0.4%	$94.54	+0.2%	COM	808513105
UNP	UNION PAC CORP	6,721 (+2.0%)	$1,555 (-0.2%)	0.9%	$167.61	+35.6%	COM	907818108
XLP	SELECT SECTOR SPDR TR	4,320 (+100.0%)	$516 (-0.3%)	0.3%	$96.98	—	STATE STREET CON	81369Y308

Exited Positions (22)

NFLX NETFLIX INC 1.2%

Value ($000) $2,200 Shares 1,835 Est. Cost $122.05 Unrealized -11.7%

EW EDWARDS LIFESCIENCES CORP 1.2%

Value ($000) $2,174 Shares 27,953 Est. Cost $78.13 Unrealized +5.0%

META META PLATFORMS INC 1.1%

Value ($000) $1,989 Shares 2,708 Est. Cost $743.23 Unrealized -10.2%

WMB WILLIAMS COS INC 1.0%

Value ($000) $1,786 Shares 28,190 Est. Cost $57.82 Unrealized +3.9%

VIK VIKING HOLDINGS LTD 1.0%

Value ($000) $1,685 Shares 27,104 Est. Cost $59.63 Unrealized +7.0%

VEEV VEEVA SYS INC 0.9%

Value ($000) $1,631 Shares 5,475 Est. Cost $281.43 Unrealized -5.7%

ASML ASML HOLDING N V 0.8%

Value ($000) $1,487 Shares 1,536 Est. Cost $968.09 Unrealized —

ESLT ELBIT SYS LTD 0.8%

Value ($000) $1,442 Shares 2,828 Est. Cost $467.26 Unrealized +7.1%

NBIS NEBIUS GROUP N.V. 0.8%

Value ($000) $1,423 Shares 12,673 Est. Cost $69.43 Unrealized +49.3%

COST COSTCO WHSL CORP NEW 0.8%

Value ($000) $1,334 Shares 1,441 Est. Cost $956.70 Unrealized -5.3%

UBER UBER TECHNOLOGIES INC 0.7%

Value ($000) $1,230 Shares 12,556 Est. Cost $93.52 Unrealized -3.7%

BR BROADRIDGE FINL SOLUTIONS IN 0.7%

Value ($000) $1,212 Shares 5,088 Est. Cost $247.24 Unrealized -8.1%

ISRG INTUITIVE SURGICAL INC 0.6%

Value ($000) $980 Shares 2,191 Est. Cost $479.87 Unrealized +10.9%

ECL ECOLAB INC 0.5%

Value ($000) $970 Shares 3,541 Est. Cost $270.32 Unrealized -1.7%

SHOP SHOPIFY INC 0.5%

Value ($000) $945 Shares 6,362 Est. Cost $135.57 Unrealized +18.4%

HCA HCA HEALTHCARE INC 0.5%

Value ($000) $831 Shares 1,950 Est. Cost $386.45 Unrealized +20.0%

SHW SHERWIN WILLIAMS CO 0.4%

Value ($000) $789 Shares 2,278 Est. Cost $351.39 Unrealized -4.9%

MELI MERCADOLIBRE INC 0.4%

Value ($000) $722 Shares 309 Est. Cost $2400.46 Unrealized -12.5%

QQQ INVESCO QQQ TR 0.4%

Value ($000) $699 Shares 1,165 Est. Cost $600.37 Unrealized —

DPZ DOMINOS PIZZA INC 0.3%

Value ($000) $597 Shares 1,383 Est. Cost $450.82 Unrealized -7.8%

RSP INVESCO EXCHANGE TRADED FD T 0.1%

Value ($000) $256 Shares 1,350 Est. Cost $189.70 Unrealized —

VLTO VERALTO CORP 0.1%

Value ($000) $213 Shares 1,995 Est. Cost $105.26 Unrealized -4.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NFLX	NETFLIX INC	1,835	$2,200	1.2%	$122.05	-11.7%	—	64110L106
EW	EDWARDS LIFESCIENCES CORP	27,953	$2,174	1.2%	$78.13	+5.0%	—	28176E108
META	META PLATFORMS INC	2,708	$1,989	1.1%	$743.23	-10.2%	—	30303M102
WMB	WILLIAMS COS INC	28,190	$1,786	1.0%	$57.82	+3.9%	—	969457100
VIK	VIKING HOLDINGS LTD	27,104	$1,685	1.0%	$59.63	+7.0%	—	G93A5A101
VEEV	VEEVA SYS INC	5,475	$1,631	0.9%	$281.43	-5.7%	—	922475108
ASML	ASML HOLDING N V	1,536	$1,487	0.8%	$968.09	—	—	N07059210
ESLT	ELBIT SYS LTD	2,828	$1,442	0.8%	$467.26	+7.1%	—	M3760D101
NBIS	NEBIUS GROUP N.V.	12,673	$1,423	0.8%	$69.43	+49.3%	—	N97284108
COST	COSTCO WHSL CORP NEW	1,441	$1,334	0.8%	$956.70	-5.3%	—	22160K105
UBER	UBER TECHNOLOGIES INC	12,556	$1,230	0.7%	$93.52	-3.7%	—	90353T100
BR	BROADRIDGE FINL SOLUTIONS IN	5,088	$1,212	0.7%	$247.24	-8.1%	—	11133T103
ISRG	INTUITIVE SURGICAL INC	2,191	$980	0.6%	$479.87	+10.9%	—	46120E602
ECL	ECOLAB INC	3,541	$970	0.5%	$270.32	-1.7%	—	278865100
SHOP	SHOPIFY INC	6,362	$945	0.5%	$135.57	+18.4%	—	82509L107
HCA	HCA HEALTHCARE INC	1,950	$831	0.5%	$386.45	+20.0%	—	40412C101
SHW	SHERWIN WILLIAMS CO	2,278	$789	0.4%	$351.39	-4.9%	—	824348106
MELI	MERCADOLIBRE INC	309	$722	0.4%	$2400.46	-12.5%	—	58733R102
QQQ	INVESCO QQQ TR	1,165	$699	0.4%	$600.37	—	—	46090E103
DPZ	DOMINOS PIZZA INC	1,383	$597	0.3%	$450.82	-7.8%	—	25754A201
RSP	INVESCO EXCHANGE TRADED FD T	1,350	$256	0.1%	$189.70	—	—	46137V357
VLTO	VERALTO CORP	1,995	$213	0.1%	$105.26	-4.0%	—	92338C103

Decreased Positions (7)

HD HOME DEPOT INC 1.7%

Value ($000) $3,060 (-16.3%) Shares 8,892 (-1.5%) Est. Cost $199.12 Unrealized +83.1%

ZTS ZOETIS INC 0.3%

Value ($000) $565 (-24.5%) Shares 4,489 (-12.3%) Est. Cost $138.60 Unrealized -6.0%

HON HONEYWELL INTL INC 0.5%

Value ($000) $895 (-16.9%) Shares 4,586 (-10.3%) Est. Cost $153.56 Unrealized +27.0%

DHR DANAHER CORPORATION 0.8%

Value ($000) $1,398 (+10.6%) Shares 6,106 (-4.2%) Est. Cost $98.60 Unrealized +122.7%

MA MASTERCARD INCORPORATED 2.6%

Value ($000) $4,652 (-1.5%) Shares 8,149 (-1.9%) Est. Cost $188.97 Unrealized +195.8%

WK WORKIVA INC 2.3%

Value ($000) $4,070 (-1.7%) Shares 47,187 (-1.9%) Est. Cost $33.49 Unrealized +164.4%

BRK/B BERKSHIRE HATHAWAY INC DEL 2.3%

Value ($000) $4,107 (-1.6%) Shares 8,170 (-1.6%) Est. Cost $199.44 Unrealized +149.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HD	HOME DEPOT INC	8,892 (-1.5%)	$3,060 (-16.3%)	1.7%	$199.12	+83.1%	COM	437076102
ZTS	ZOETIS INC	4,489 (-12.3%)	$565 (-24.5%)	0.3%	$138.60	-6.0%	CL A	98978V103
HON	HONEYWELL INTL INC	4,586 (-10.3%)	$895 (-16.9%)	0.5%	$153.56	+27.0%	COM	438516106
DHR	DANAHER CORPORATION	6,106 (-4.2%)	$1,398 (+10.6%)	0.8%	$98.60	+122.7%	COM	235851102
MA	MASTERCARD INCORPORATED	8,149 (-1.9%)	$4,652 (-1.5%)	2.6%	$188.97	+195.8%	CL A	57636Q104
WK	WORKIVA INC	47,187 (-1.9%)	$4,070 (-1.7%)	2.3%	$33.49	+164.4%	COM CL A	98139A105
BRK/B	BERKSHIRE HATHAWAY INC DEL	8,170 (-1.6%)	$4,107 (-1.6%)	2.3%	$199.44	+149.5%	CL B NEW	084670702

Unchanged Positions (27)

GOOGL ALPHABET INC 5.3%

Value ($000) $9,396 Shares 30,019 Est. Cost $107.78 Unrealized +165.0%

CRS CARPENTER TECHNOLOGY CORP 4.5%

Value ($000) $7,876 Shares 25,015 Est. Cost $47.76 Unrealized +529.4%

AAPL APPLE INC 5.2%

Value ($000) $9,145 Shares 33,639 Est. Cost $91.20 Unrealized +194.2%

MSFT MICROSOFT CORP 3.4%

Value ($000) $6,105 Shares 12,623 Est. Cost $106.17 Unrealized +371.5%

ORCL ORACLE CORP 0.5%

Value ($000) $961 Shares 4,930 Est. Cost $46.57 Unrealized +411.2%

IQLT ISHARES TR 5.4%

Value ($000) $9,642 Shares 48,546 Est. Cost $172.95 Unrealized —

AMZN AMAZON COM INC 3.1%

Value ($000) $5,572 Shares 24,139 Est. Cost $118.23 Unrealized +93.5%

WMT WALMART INC 1.5%

Value ($000) $2,589 Shares 23,238 Est. Cost $52.94 Unrealized +102.5%

SOXX ISHARES TR 1.1%

Value ($000) $1,962 Shares 6,515 Est. Cost $271.12 Unrealized —

IGPT INVESCO EXCHANGE TRADED FD T 0.9%

Value ($000) $1,665 Shares 28,005 Est. Cost $49.15 Unrealized —

NVDA NVIDIA CORPORATION 9.7%

Value ($000) $17,206 Shares 92,259 Est. Cost $90.05 Unrealized +106.7%

VTV VANGUARD INDEX FDS 3.1%

Value ($000) $5,477 Shares 28,679 Est. Cost $155.52 Unrealized —

ALNY ALNYLAM PHARMACEUTICALS INC 0.3%

Value ($000) $612 Shares 1,539 Est. Cost $407.20 Unrealized +8.7%

SCHK SCHWAB STRATEGIC TR 1.5%

Value ($000) $2,729 Shares 83,197 Est. Cost $32.12 Unrealized —

VUG VANGUARD INDEX FDS 2.2%

Value ($000) $3,909 Shares 8,012 Est. Cost $350.98 Unrealized —

CASY CASEYS GEN STORES INC 1.2%

Value ($000) $2,204 Shares 3,988 Est. Cost $300.21 Unrealized +83.1%

SPMO INVESCO EXCH TRADED FD TR II 1.7%

Value ($000) $2,930 Shares 24,555 Est. Cost $112.47 Unrealized —

VV VANGUARD INDEX FDS 1.0%

Value ($000) $1,738 Shares 5,520 Est. Cost $230.58 Unrealized —

XHS SPDR SERIES TRUST 0.2%

Value ($000) $317 Shares 2,050 Est. Cost $126.11 Unrealized —

KO COCA COLA CO 0.3%

Value ($000) $585 Shares 8,368 Est. Cost $45.61 Unrealized +52.1%

IWF ISHARES TR 2.3%

Value ($000) $4,113 Shares 8,689 Est. Cost $335.75 Unrealized —

TXN TEXAS INSTRS INC 0.1%

Value ($000) $255 Shares 1,470 Est. Cost $107.39 Unrealized +59.0%

V VISA INC 0.3%

Value ($000) $457 Shares 1,302 Est. Cost $202.67 Unrealized +68.0%

PEP PEPSICO INC 0.1%

Value ($000) $245 Shares 1,710 Est. Cost $103.86 Unrealized +40.5%

WM WASTE MGMT INC DEL 1.3%

Value ($000) $2,330 Shares 10,605 Est. Cost $130.83 Unrealized +62.5%

XLI SELECT SECTOR SPDR TR 0.3%

Value ($000) $569 Shares 3,670 Est. Cost $107.32 Unrealized —

VGUS VANGUARD INSTL INDEX FD 0.6%

Value ($000) $998 Shares 13,230 Est. Cost $75.61 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GOOGL	ALPHABET INC	30,019	$9,396	5.3%	$107.78	+165.0%	CAP STK CL A	02079K305
CRS	CARPENTER TECHNOLOGY CORP	25,015	$7,876	4.5%	$47.76	+529.4%	COM	144285103
AAPL	APPLE INC	33,639	$9,145	5.2%	$91.20	+194.2%	COM	037833100
MSFT	MICROSOFT CORP	12,623	$6,105	3.4%	$106.17	+371.5%	COM	594918104
ORCL	ORACLE CORP	4,930	$961	0.5%	$46.57	+411.2%	COM	68389X105
IQLT	ISHARES TR	48,546	$9,642	5.4%	$172.95	—	MSCI INTL QUALTY	46434V456
AMZN	AMAZON COM INC	24,139	$5,572	3.1%	$118.23	+93.5%	COM	023135106
WMT	WALMART INC	23,238	$2,589	1.5%	$52.94	+102.5%	COM	931142103
SOXX	ISHARES TR	6,515	$1,962	1.1%	$271.12	—	ISHARES SEMICDTR	464287523
IGPT	INVESCO EXCHANGE TRADED FD T	28,005	$1,665	0.9%	$49.15	—	AI AND NEXT GEN	46137V639
NVDA	NVIDIA CORPORATION	92,259	$17,206	9.7%	$90.05	+106.7%	COM	67066G104
VTV	VANGUARD INDEX FDS	28,679	$5,477	3.1%	$155.52	—	VALUE ETF	922908744
ALNY	ALNYLAM PHARMACEUTICALS INC	1,539	$612	0.3%	$407.20	+8.7%	COM	02043Q107
SCHK	SCHWAB STRATEGIC TR	83,197	$2,729	1.5%	$32.12	—	1000 INDEX ETF	808524722
VUG	VANGUARD INDEX FDS	8,012	$3,909	2.2%	$350.98	—	GROWTH ETF	922908736
CASY	CASEYS GEN STORES INC	3,988	$2,204	1.2%	$300.21	+83.1%	COM	147528103
SPMO	INVESCO EXCH TRADED FD TR II	24,555	$2,930	1.7%	$112.47	—	S&P 500 MOMNTM	46138E339
VV	VANGUARD INDEX FDS	5,520	$1,738	1.0%	$230.58	—	LARGE CAP ETF	922908637
XHS	SPDR SERIES TRUST	2,050	$317	0.2%	$126.11	—	STATE STREET SPD	78464A573
KO	COCA COLA CO	8,368	$585	0.3%	$45.61	+52.1%	COM	191216100
IWF	ISHARES TR	8,689	$4,113	2.3%	$335.75	—	RUS 1000 GRW ETF	464287614
TXN	TEXAS INSTRS INC	1,470	$255	0.1%	$107.39	+59.0%	COM	882508104
V	VISA INC	1,302	$457	0.3%	$202.67	+68.0%	COM CL A	92826C839
PEP	PEPSICO INC	1,710	$245	0.1%	$103.86	+40.5%	COM	713448108
WM	WASTE MGMT INC DEL	10,605	$2,330	1.3%	$130.83	+62.5%	COM	94106L109
XLI	SELECT SECTOR SPDR TR	3,670	$569	0.3%	$107.32	—	STATE STREET IND	81369Y704
VGUS	VANGUARD INSTL INDEX FD	13,230	$998	0.6%	$75.61	—	ULTRA-SHORT TREA	922040852