Estabrook Capital Management
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 13, 2024), Estabrook Capital Management reported 343 stock positions worth $668.9 million. Its top holding was Microsoft (MSFT) at 10.9% of the portfolio, followed by Apple (AAPL, 7.3%) and JPMorgan Chase (JPM, 6.0%). Compared with Q2 2024, it opened 11 new positions, sold out of 2, added to 23 and reduced 87. The biggest buy was General Electric (GE, shares +0%) and the biggest sale Microsoft (MSFT, shares −5%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001344717
- Portfolio Value
- $668.9M (Q3 2024)
- SEC Filing
- 0001344717-24-000022 ↗ filed Nov 13, 2024
Holdings Value
Holdings 343 stocks · $668.9M
| MSFT Microsoft Corp. | 10.93% | 169,909 | $73.1M | Reduce -5.0% |
| AAPL Apple Inc. | 7.25% | 208,205 | $48.5M | Reduce -1.0% |
| JPM JPMorgan Chase & Co. | 5.97% | 189,323 | $39.9M | Reduce -0.9% |
| COST Costco Wholesale Corp. | 5.21% | 39,324 | $34.9M | Reduce -3.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 2.46% | 74,382 | $16.4M | Reduce -0.8% |
| UNP Union Pacific Corp. | 2.40% | 65,204 | $16.1M | Reduce -0.6% |
| HON Honeywell International Inc. | 2.35% | 75,904 | $15.7M | Reduce -0.2% |
| JNJ Johnson & Johnson | 2.29% | 94,586 | $15.3M | Reduce -0.7% |
| PNC PNC Financial Services Group | 2.09% | 75,568 | $14.0M | Reduce -1.7% |
| CB Chubb Ltd. | 1.99% | 46,116 | $13.3M | Reduce -0.2% |
| COP Conocophillips | 1.93% | 122,471 | $12.9M | Reduce -0.0% |
| CVX Chevron Corp. | 1.90% | 86,241 | $12.7M | Reduce -0.2% |
| GOOGL Alphabet Inc. Class A | 1.89% | 76,157 | $12.6M | Reduce -0.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.85% | 312,021 | $12.4M | Reduce -1.0% |
| MRK Merck & Co. Inc. | 1.67% | 98,332 | $11.2M | Reduce -0.4% |
| CSCO Cisco Systems Inc. | 1.62% | 203,491 | $10.8M | Reduce -3.3% |
| PFE Pfizer Inc. | 1.56% | 360,486 | $10.4M | Reduce -0.1% |
| UNH Unitedhealth Group Inc. | 1.52% | 17,431 | $10.2M | Reduce -1.6% |
| ETN Eaton Corp. PLC | 1.52% | 30,622 | $10.1M | Reduce -1.2% |
| C Citigroup Inc. | 1.39% | 148,814 | $9.3M | Reduce -0.5% |
| MDT Medtronic PLC | 1.34% | 99,840 | $9.0M | Reduce -0.7% |
| XOM Exxon Mobil Corp. | 1.34% | 76,537 | $9.0M | No change |
| WMB Williams Cos Inc. | 1.29% | 189,053 | $8.6M | Reduce -1.3% |
| CP Canadian Pacific Kansas City | 1.24% | 96,725 | $8.3M | Reduce -0.1% |
| FRPH FRP Holdings Inc. filed as FRP HLDGS INC | 1.19% | 266,398 | $8.0M | Reduce -1.1% |
| AFL Aflac Inc. | 1.14% | 68,383 | $7.6M | Reduce -2.8% |
| VZ Verizon Communications Inc. | 1.09% | 162,649 | $7.3M | Reduce -0.6% |
| WFC Wells Fargo & Co. | 1.08% | 127,928 | $7.2M | Reduce -2.2% |
| HD Home Depot Inc. | 1.07% | 17,726 | $7.2M | Reduce -0.6% |
| GE General Electric filed as GE AEROSPACE | 1.05% | 37,416 | $7.1M | Add +0.4% |
| AMGN Amgen Inc. | 0.98% | 20,415 | $6.6M | Reduce -1.5% |
| WMT Walmart Inc. | 0.98% | 81,084 | $6.5M | Reduce -2.0% |
| DUK Duke Energy Corp. | 0.92% | 53,508 | $6.2M | Reduce -0.4% |
| NSC Norfolk Southern Corp. | 0.91% | 24,552 | $6.1M | Reduce -0.4% |
| LLY Eli Lilly & Co. | 0.81% | 6,094 | $5.4M | Reduce -9.0% |
| GLW Corning Inc. | 0.80% | 119,115 | $5.4M | Reduce -7.2% |
| AMZN Amazon.com Inc. | 0.80% | 28,698 | $5.3M | Add +7.2% |
| NOC Northrop Grumman Corp. | 0.77% | 9,789 | $5.2M | Reduce -4.4% |
| PG The Procter & Gamble Co. | 0.73% | 28,342 | $4.9M | Reduce -0.6% |
| MDLZ Mondelez International Inc. Class A | 0.69% | 62,602 | $4.6M | Reduce -0.2% |
| NXPI NXP Semiconductors NV | 0.64% | 17,799 | $4.3M | Reduce -0.7% |
| T AT&T Inc. | 0.62% | 187,426 | $4.1M | Add +3.0% |
| TGT Target Corp. | 0.60% | 25,815 | $4.0M | Reduce -1.8% |
| NEE Nextera Energy Inc. | 0.60% | 47,430 | $4.0M | Reduce -0.1% |
| QCOM Qualcomm Inc. | 0.59% | 23,399 | $4.0M | Reduce -1.6% |
| DOV Dover Corp. | 0.59% | 20,717 | $4.0M | Reduce -1.0% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.59% | 55,227 | $4.0M | Reduce -5.9% |
| TXN Texas Instruments Inc. | 0.58% | 18,722 | $3.9M | Reduce -3.0% |
| RNR Renaissancere Holdings Ltd. | 0.53% | 13,044 | $3.6M | No change |
| CTVA Corteva Inc. | 0.49% | 55,898 | $3.3M | Reduce -3.0% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.49% | 78,113 | $3.3M | Add +23.7% |
| GOOG Alphabet Inc. Class C | 0.48% | 19,235 | $3.2M | Reduce -0.1% |
| ABBV Abbvie Inc. | 0.45% | 15,273 | $3.0M | Reduce -1.6% |
| USB US Bancorp | 0.45% | 65,815 | $3.0M | No change |
| DOW Dow Inc. | 0.44% | 53,737 | $2.9M | Reduce -3.0% |
| PEP Pepsico Inc. | 0.43% | 16,834 | $2.9M | Reduce -0.8% |
| RTX RTX Corp. | 0.41% | 22,857 | $2.8M | No change |
| SYK Stryker Corp. | 0.38% | 7,039 | $2.5M | Reduce -3.1% |
| CVS CVS Health Corp. | 0.37% | 39,571 | $2.5M | Reduce -6.6% |
| NVDA Nvidia Corp. | 0.35% | 19,545 | $2.4M | Reduce -1.7% |
| GEV GE Vernova Inc. | 0.34% | 9,021 | $2.3M | Reduce -7.2% |
| GEHC GE Healthcare Technology | 0.34% | 23,942 | $2.2M | No change |
| NVGS Navigator Holdings Ltd. | 0.33% | 137,568 | $2.2M | Add +0.2% |
| ADI Analog Devices Inc. | 0.33% | 9,500 | $2.2M | No change |
| NKE Nike Inc. Class B | 0.31% | 23,731 | $2.1M | Reduce -0.7% |
| DD Dupont DE Nemours Inc. | 0.31% | 23,467 | $2.1M | Reduce -0.9% |
| ALL Allstate Corp. | 0.31% | 10,903 | $2.1M | Reduce -9.7% |
| DQIAX BNYM Equity Income-A | 0.30% | 63,678 | $2.0M | No change |
| VTRS Viatris Inc. | 0.29% | 166,615 | $1.9M | Reduce -1.7% |
| BA The Boeing Co. | 0.28% | 12,503 | $1.9M | Reduce -1.8% |
| F Ford Motor Co. filed as FORD MTR CO | 0.28% | 177,500 | $1.9M | Add +5.2% |
| INTC Intel Corp. | 0.28% | 79,117 | $1.9M | Reduce -9.2% |
| KMI Kinder Morgan Inc. | 0.22% | 67,589 | $1.5M | Add +0.5% |
| CNI Canadian Natl Railway Co. | 0.21% | 12,132 | $1.4M | No change |
| AME Ametek Inc. | 0.20% | 7,810 | $1.3M | No change |
| BLX Bladex Inc. filed as BANCO LATINOAMER EXPORT S A CL | 0.19% | 39,055 | $1.3M | Reduce -0.7% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.19% | 13,081 | $1.3M | Reduce -4.2% |
| ABT Abbott Laboratories | 0.18% | 10,538 | $1.2M | No change |
| V Visa Inc. Class A | 0.18% | 4,328 | $1.2M | No change |
| LIN Linde PLC | 0.18% | 2,467 | $1.2M | No change |
| CARR Carrier Global Corp. | 0.17% | 13,922 | $1.1M | Reduce -0.4% |
| KO The Coca-Cola Co. | 0.16% | 14,538 | $1.0M | No change |
| META Meta Platforms Inc. Class A | 0.13% | 1,555 | $890K | Add +0.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.13% | 1,880 | $865K | No change |
| TDW Tidewater Inc. | 0.11% | 10,000 | $718K | No change |
| IRM Iron Mountain Inc. filed as IRON MTN INC DEL | 0.11% | 6,037 | $717K | Reduce -3.2% |
| DE Deere & Co. | 0.11% | 1,690 | $705K | No change |
| HII Huntington Ingalls Industrie | 0.10% | 2,484 | $657K | No change |
| MCD McDonald's Corp. | 0.10% | 2,143 | $653K | No change |
| MTB M & T Bank Corp. filed as M & T BK CORP | 0.09% | 3,560 | $634K | Reduce -2.7% |
| BKR Baker Hughes Co. | 0.09% | 17,332 | $627K | No change |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.09% | 600 | $623K | No change |
| ORCL Oracle Corp. | 0.09% | 3,607 | $615K | No change |
| BMY Bristol-Myers Squibb Co. | 0.09% | 11,795 | $610K | Reduce -4.5% |
| AXP American Express Co. | 0.09% | 2,244 | $609K | No change |
| OMC Omnicom Group | 0.09% | 5,866 | $606K | No change |
| FDX FedEx Corp. | 0.09% | 2,143 | $586K | Reduce -0.5% |
| PSX Phillips 66 | 0.08% | 4,109 | $540K | No change |
| SHEL Shell PLC-ADR | 0.08% | 8,124 | $536K | No change |
| EIX Edison International | 0.07% | 5,689 | $495K | No change |
Other holdings (16): bonds, preferreds, convertibles and warrants · $1.8M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| FIRST HORIZON CORP (FHN V6.6 PERP C) | PREFERR | 28,031 | $716K | No change |
| FORD MOTOR COMPANY (F 6.2 06/01/59) | NTS DUE 01/06/2059 USD | 11,650 | $285K | Reduce -2.1% |
| CHARLES SCHWAB CORP (SCHW 5.95 PERP D) | Common Stock | 9,200 | $231K | No change |
| STIFEL FINANCIAL CORP (SF 6.25 PERP B) | PREFERR | 6,950 | $174K | No change |
| JPMORGAN CHASE & CO (JPM 6 PERP EE) | Common Stock | 5,300 | $135K | No change |
| AT&T INC (T 5 PERP A) | COM | 4,000 | $89K | No change |
| MORGAN STANLEY (MS F PERP +A) | COM | 2,705 | $62K | No change |
| CITIGROUP CAPITAL XIII (C V0 10/30/40) | C.PRN | 1,450 | $43K | No change |
| GOLDMAN SACHS GROUP INC (GS F PERP C) | Preferred Stock | 1,048 | $25K | No change |
| BANK OF AMERICA CORP (BAC 4.75 PERP SS) | PREFERR | 750 | $17K | No change |
| TDGMW Tidewater Inc.-CW42 | WARRANT | 207 | $15K | No change |
| BANK OF AMERICA CORP (BAC F PERP +4) | COM | 400 | $10K | No change |
| GOLDMAN SACHS GROUP INC (GS F PERP A) | COM | 344 | $8K | No change |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 42 | $1K | No change |
| LIBERTY BROADBAND CORP (LBRDA 7 PERP A) | COM | 40 | $955 | No change |
| SEARS ROEBUCK ACCEPTANCE (SHLD 7.4 02/01/43) | PREFERR | 291 | $0 | No change |
Total filed on the 13F, all lines: $670.7M.
Portfolio Sells Q2 2024 → Q3 2024
| MSFT Microsoft Corp. | Reduce -5.0% | 10.93% | −1.40 |
| GOOGL Alphabet Inc. Class A | Reduce -0.5% | 1.89% | −0.26 |
| COP Conocophillips | Reduce -0.0% | 1.93% | −0.23 |
| MRK Merck & Co. Inc. | Reduce -0.4% | 1.67% | −0.22 |
| CVX Chevron Corp. | Reduce -0.2% | 1.90% | −0.19 |
| HON Honeywell International Inc. | Reduce -0.2% | 2.35% | −0.16 |
| INTC Intel Corp. | Reduce -9.2% | 0.28% | −0.14 |
| QCOM Qualcomm Inc. | Reduce -1.6% | 0.59% | −0.14 |
| LLY Eli Lilly & Co. | Reduce -9.0% | 0.81% | −0.13 |
| PGNY Progyny Inc. | Reduce -96.6% | 0.00% | −0.13 |
| COST Costco Wholesale Corp. | Reduce -3.3% | 5.21% | −0.12 |
| WFC Wells Fargo & Co. | Reduce -2.2% | 1.08% | −0.12 |
| NXPI NXP Semiconductors NV | Reduce -0.7% | 0.64% | −0.11 |
| BAC Bank of America Corp. | Reduce -1.0% | 1.85% | −0.08 |
| BA The Boeing Co. | Reduce -1.8% | 0.28% | −0.07 |
| C Citigroup Inc. | Reduce -0.5% | 1.39% | −0.07 |
| GOOG Alphabet Inc. Class C | Reduce -0.1% | 0.48% | −0.06 |
| NSRGY Nestle SA-Spons ADR | Reduce -65.4% | 0.02% | −0.03 |
| NVDA Nvidia Corp. | Reduce -1.7% | 0.35% | −0.02 |
| DIS The Walt Disney Co. | Reduce -4.2% | 0.19% | −0.02 |
| AMGN Amgen Inc. | Reduce -1.5% | 0.98% | −0.02 |
| DOW Dow Inc. | Reduce -3.0% | 0.44% | −0.01 |
| CVS CVS Health Corp. | Reduce -6.6% | 0.37% | −0.01 |
| FDX FedEx Corp. | Reduce -0.5% | 0.09% | −0.01 |
| HUM Humana Inc. | Reduce -0.2% | 0.03% | −0.01 |
| PPG PPG Industries Inc. | Reduce -12.8% | 0.03% | −0.00 |
| PEP Pepsico Inc. | Reduce -0.8% | 0.43% | −0.00 |
| WM Waste Management Inc. | Reduce -0.4% | 0.05% | −0.00 |
| GM General Motors Co. | Reduce -31.3% | 0.01% | −0.00 |
| XLK SS Technology Select Sector | Sold out | 0.00% | −0.00 |
| CMCSA Comcast Corp. Class A | Reduce -7.2% | 0.03% | −0.00 |
| SYK Stryker Corp. | Reduce -3.1% | 0.38% | −0.00 |
| TXN Texas Instruments Inc. | Reduce -3.0% | 0.58% | −0.00 |
| SON Sonoco Products Co. | Reduce -7.0% | 0.03% | −0.00 |
| XLF SS Financial Select Sector | Sold out | 0.00% | −0.00 |
| DNOW Dnow Inc. | Reduce -10.7% | 0.00% | −0.00 |
| PRWAX T Rowe PR All-Cap Oppor-Inv | Reduce -18.8% | 0.00% | −0.00 |
| WBD Warner Bros Discovery Inc. | Reduce -18.5% | 0.00% | −0.00 |
| KMB Kimberly-Clark Corp. | Reduce -0.2% | 0.02% | −0.00 |
| OGN Organon & Co. | Reduce -17.5% | 0.00% | −0.00 |
| AVGO Broadcom Inc. | Reduce -90.0% | 0.01% | +0.00 |
| FSLR First Solar Inc. | Reduce -0.6% | 0.01% | +0.00 |
| BWA Borgwarner Inc. | Reduce -0.3% | 0.01% | +0.00 |
| ENB Enbridge Inc. | Reduce -0.5% | 0.01% | +0.00 |
| PFE Pfizer Inc. | Reduce -0.1% | 1.56% | +0.00 |
| NVR NVR Inc. | Reduce -11.1% | 0.01% | +0.00 |
| TGT Target Corp. | Reduce -1.8% | 0.60% | +0.00 |
| TRV The Travelers Cos Inc. | Reduce -0.5% | 0.02% | +0.00 |
| JPM JPMorgan Chase & Co. | Reduce -0.9% | 5.97% | +0.00 |
| FRPH FRP Holdings Inc. | Reduce -1.1% | 1.19% | +0.00 |
Portfolio Buys Q2 2024 → Q3 2024
| GE General Electric | Add +0.4% | 1.05% | +0.14 |
| T AT&T Inc. | Add +3.0% | 0.62% | +0.08 |
| SLB SLB Ltd. | Add +23.7% | 0.49% | +0.03 |
| KMI Kinder Morgan Inc. | Add +0.5% | 0.22% | +0.02 |
| META Meta Platforms Inc. Class A | Add +0.7% | 0.13% | +0.01 |
| TECK Teck Resources Ltd.-CLS B | Add +100.0% | 0.00% | +0.00 |
| MET Metlife Inc. | Add +117.8% | 0.00% | +0.00 |
| DKNG Draftkings Inc. Class A | New | 0.00% | +0.00 |
| NWN Northwest Natural Holding Co. | New | 0.00% | +0.00 |
| POR Portland General Electric Co. | New | 0.00% | +0.00 |
| AM Antero Midstream Corp. | New | 0.00% | +0.00 |
| BIT BlackRock Multi-Sector Inc. | Add +126.8% | 0.00% | +0.00 |
| NBXG Neuberger Next Generation Co. | New | 0.00% | +0.00 |
| PRU Prudential Financial Inc. | Add +34.5% | 0.01% | +0.00 |
| HTO H2O America | New | 0.00% | +0.00 |
| HTGC Hercules Capital Inc. | New | 0.00% | +0.00 |
| AMZN Amazon.com Inc. | Add +7.2% | 0.80% | +0.00 |
| FRBAX JH Region Bank-A | Add +0.5% | 0.01% | +0.00 |
| LULU Lululemon Athletica Inc. | Add +191.7% | 0.00% | +0.00 |
| SOFI Sofi Technologies Inc. | New | 0.00% | +0.00 |
| VFIAX Vanguard 500 Index-Adm | Add +0.4% | 0.02% | +0.00 |
| APH Amphenol Corp. Class A | New | 0.00% | +0.00 |
| FXAIX Fidelity 500 Index Fund | Add +0.2% | 0.01% | +0.00 |
| AIVSX Amer FND Inv Co. of Am-A | Add +0.3% | 0.01% | +0.00 |
| ICAFX Amer FND Inv Co. of Am-F2 | Add +0.3% | 0.01% | +0.00 |
| ULTA Ulta Beauty Inc. | Add +50.0% | 0.00% | +0.00 |
| PSFE Paysafe Ltd. | New | 0.00% | +0.00 |
| DPG Duff & Phelps Utility & Inc. | Add +1.3% | 0.00% | +0.00 |
| ABR Arbor Realty Trust Inc. | Add +3.1% | 0.00% | 0.00 |
| FLPSX Fidelity Low-Price STK-RTL | New | 0.00% | 0.00 |
| XIFR XPLR Infrastructure LP | Add +3.7% | 0.00% | 0.00 |
| VSBSX Vanguard S/T Trsry Indx-Adm | Add +1.0% | 0.00% | 0.00 |
| NVGS Navigator Holdings Ltd. | Add +0.2% | 0.33% | −0.04 |
| F Ford Motor Co. | Add +5.2% | 0.28% | −0.05 |
Notes & Other Activity Q2 2024 → Q3 2024
| FORD MOTOR COMPANY (F 6.2 06/01/59) | NTS DUE 01/06/2059 USD | Reduce -2.1% | 11,650 | $285K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 320 | $736.7M | MSFT, JPM, AAPL, COST, GOOGL |
| Q1 2026 | 357 | $682.9M | MSFT, JPM, AAPL, COST, JNJ |
| Q4 2025 | 308 | $679.2M | MSFT, JPM, AAPL, COST, GOOGL |
| Q3 2025 | 309 | $684.2M | MSFT, JPM, AAPL, COST, IBM |
| Q2 2025 | 314 | $648.1M | MSFT, JPM, AAPL, COST, IBM |
| Q1 2025 | 314 | $617.3M | MSFT, JPM, AAPL, COST, IBM |
| Q4 2024 | 332 | $646.9M | MSFT, AAPL, JPM, COST, HON |
| Q3 2024 | 343 | $668.9M | MSFT, AAPL, JPM, COST, IBM |
| Q2 2024 | 334 | $648.0M | MSFT, AAPL, JPM, COST, HON |
| Q1 2024 | 341 | $645.5M | MSFT, JPM, AAPL, COST, UNP |