Oberndorf William E
San Francisco, CA
$55m in 8 US stocks at the end of 30 June 2026. The top 10 are 100.0% of the money. It changed about 23.4% of the portfolio this quarter.
Value
$55m
Stocks
8
Top 10 share
100.0%
Turnover
23.4%
What changed this quarter
New
Bought for the first time this quarter.
- AlphabetGOOG8.2% of the fund
- monday.comMNDY4.8% of the fund
Added
Bought more of a stock they already held.
- Guidewire SoftwareGWRE16.1% of the fund+17%
Cut
Sold some of their stake.
- AutodeskADSK1.6% of the fund-83%
Sold out
Sold their entire stake.
- AtlassianTEAM-100%
Holdings
- Sprott Asset Management LPPHYS
- Share
- 12.3%
- Value
- $7m
- Shares
- 224,439
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| UnitedHealth GroupUNH | 26.9% | $15m | 35,553 | Held |
| Guidewire SoftwareGWRE | 16.1% | $9m | 71,997 | +17% |
| Amazon.comAMZN | 15.6% | $9m | 36,031 | Held |
| Veeva SystemsVEEV | 14.6% | $8m | 45,153 | Held |
| Sprott Asset Management LPPHYS | 12.3% | $7m | 224,439 | Held |
| AlphabetGOOG | 8.2% | $4m | 12,719 | New |
| monday.comMNDY | 4.8% | $3m | 36,749 | New |
| AutodeskADSK | 1.6% | $860,308 | 4,425 | -83% |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 39.2% since 30 June 2025.
Where the money is
Health care41.4%
Technology22.5%
Retail & consumer15.6%
Media & telecom8.2%
Other12.3%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.