Estabrook Capital Management
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 13, 2025), Estabrook Capital Management reported 332 stock positions worth $646.9 million. Its top holding was Microsoft (MSFT) at 10.9% of the portfolio, followed by Apple (AAPL, 7.9%) and JPMorgan Chase (JPM, 6.9%). Compared with Q3 2024, it opened 4 new positions, sold out of 15, added to 34 and reduced 106. The biggest buy was Kinder Morgan (KMI, shares +0%) and the biggest sale Pfizer (PFE, shares −18%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001344717
- Portfolio Value
- $646.9M (Q4 2024)
- SEC Filing
- 0001344717-25-000002 ↗ filed Feb 13, 2025
Holdings Value
Holdings 332 stocks · $646.9M
| MSFT Microsoft Corp. | 10.89% | 167,087 | $70.4M | Reduce -1.7% |
| AAPL Apple Inc. | 7.92% | 204,650 | $51.2M | Reduce -1.7% |
| JPM JPMorgan Chase & Co. | 6.92% | 186,755 | $44.8M | Reduce -1.4% |
| COST Costco Wholesale Corp. | 5.31% | 37,511 | $34.4M | Reduce -4.6% |
| HON Honeywell International Inc. | 2.64% | 75,588 | $17.1M | Reduce -0.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 2.52% | 74,068 | $16.3M | Reduce -0.4% |
| UNP Union Pacific Corp. | 2.29% | 64,947 | $14.8M | Reduce -0.4% |
| PNC PNC Financial Services Group | 2.25% | 75,305 | $14.5M | Reduce -0.3% |
| GOOGL Alphabet Inc. Class A | 2.21% | 75,486 | $14.3M | Reduce -0.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 2.11% | 310,554 | $13.6M | Reduce -0.5% |
| JNJ Johnson & Johnson | 2.09% | 93,364 | $13.5M | Reduce -1.3% |
| CB Chubb Ltd. | 1.96% | 45,818 | $12.7M | Reduce -0.7% |
| CVX Chevron Corp. | 1.92% | 85,729 | $12.4M | Reduce -0.6% |
| COP Conocophillips | 1.88% | 122,472 | $12.1M | Add +0.0% |
| CSCO Cisco Systems Inc. | 1.80% | 196,877 | $11.7M | Reduce -3.3% |
| C Citigroup Inc. | 1.61% | 147,657 | $10.4M | Reduce -0.8% |
| WMB Williams Cos Inc. | 1.51% | 180,296 | $9.8M | Reduce -4.6% |
| MRK Merck & Co. Inc. | 1.50% | 97,669 | $9.7M | Reduce -0.7% |
| ETN Eaton Corp. PLC | 1.44% | 28,107 | $9.3M | Reduce -8.2% |
| WFC Wells Fargo & Co. | 1.37% | 126,595 | $8.9M | Reduce -1.0% |
| XOM Exxon Mobil Corp. | 1.29% | 77,452 | $8.3M | Add +1.2% |
| PFE Pfizer Inc. | 1.21% | 296,030 | $7.9M | Reduce -17.9% |
| MDT Medtronic PLC | 1.21% | 97,908 | $7.8M | Reduce -1.9% |
| UNH Unitedhealth Group Inc. | 1.19% | 15,230 | $7.7M | Reduce -12.6% |
| FRPH FRP Holdings Inc. filed as FRP HLDGS INC | 1.16% | 245,822 | $7.5M | Reduce -7.7% |
| WMT Walmart Inc. | 1.12% | 80,113 | $7.2M | Reduce -1.2% |
| CP Canadian Pacific Kansas City | 1.08% | 96,725 | $7.0M | No change |
| HD Home Depot Inc. | 1.06% | 17,587 | $6.8M | Reduce -0.8% |
| AFL Aflac Inc. | 1.06% | 66,083 | $6.8M | Reduce -3.4% |
| GE General Electric filed as GE AEROSPACE | 0.96% | 37,411 | $6.2M | Reduce -0.0% |
| AMZN Amazon.com Inc. | 0.96% | 28,213 | $6.2M | Reduce -1.7% |
| VZ Verizon Communications Inc. | 0.96% | 154,560 | $6.2M | Reduce -5.0% |
| DUK Duke Energy Corp. | 0.89% | 53,241 | $5.7M | Reduce -0.5% |
| GLW Corning Inc. | 0.87% | 118,165 | $5.6M | Reduce -0.8% |
| NSC Norfolk Southern Corp. | 0.86% | 23,654 | $5.6M | Reduce -3.7% |
| AMGN Amgen Inc. | 0.82% | 20,305 | $5.3M | Reduce -0.5% |
| PG The Procter & Gamble Co. | 0.72% | 27,751 | $4.7M | Reduce -2.1% |
| NOC Northrop Grumman Corp. | 0.71% | 9,789 | $4.6M | No change |
| LLY Eli Lilly & Co. | 0.70% | 5,852 | $4.5M | Reduce -4.0% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.65% | 54,727 | $4.2M | Reduce -0.9% |
| T AT&T Inc. | 0.64% | 180,547 | $4.1M | Reduce -3.7% |
| DOV Dover Corp. | 0.60% | 20,577 | $3.9M | Reduce -0.7% |
| MDLZ Mondelez International Inc. Class A | 0.58% | 62,382 | $3.7M | Reduce -0.3% |
| NXPI NXP Semiconductors NV | 0.56% | 17,566 | $3.7M | Reduce -1.3% |
| QCOM Qualcomm Inc. | 0.55% | 23,186 | $3.6M | Reduce -0.9% |
| TXN Texas Instruments Inc. | 0.54% | 18,665 | $3.5M | Reduce -0.3% |
| GOOG Alphabet Inc. Class C | 0.53% | 18,105 | $3.4M | Reduce -5.9% |
| NEE Nextera Energy Inc. | 0.52% | 47,052 | $3.4M | Reduce -0.8% |
| RNR Renaissancere Holdings Ltd. | 0.50% | 13,013 | $3.2M | Reduce -0.2% |
| TGT Target Corp. | 0.50% | 23,949 | $3.2M | Reduce -7.2% |
| CTVA Corteva Inc. | 0.49% | 55,620 | $3.2M | Reduce -0.5% |
| USB US Bancorp | 0.48% | 65,525 | $3.1M | Reduce -0.4% |
| GEV GE Vernova Inc. | 0.46% | 8,991 | $3.0M | Reduce -0.3% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.44% | 74,871 | $2.9M | Reduce -4.2% |
| RTX RTX Corp. | 0.41% | 22,907 | $2.7M | Add +0.2% |
| ABBV Abbvie Inc. | 0.41% | 14,843 | $2.6M | Reduce -2.8% |
| NVDA Nvidia Corp. | 0.40% | 19,440 | $2.6M | Reduce -0.5% |
| SYK Stryker Corp. | 0.39% | 6,971 | $2.5M | Reduce -1.0% |
| PEP Pepsico Inc. | 0.38% | 16,298 | $2.5M | Reduce -3.2% |
| NVGS Navigator Holdings Ltd. | 0.33% | 137,568 | $2.1M | No change |
| ADI Analog Devices Inc. | 0.31% | 9,500 | $2.0M | No change |
| VTRS Viatris Inc. | 0.31% | 161,333 | $2.0M | Reduce -3.2% |
| DQIAX BNYM Equity Income-A | 0.30% | 63,678 | $2.0M | No change |
| BA The Boeing Co. | 0.30% | 10,932 | $1.9M | Reduce -12.6% |
| DOW Dow Inc. | 0.30% | 48,134 | $1.9M | Reduce -10.4% |
| ALL Allstate Corp. | 0.29% | 9,838 | $1.9M | Reduce -9.8% |
| GEHC GE Healthcare Technology | 0.29% | 23,701 | $1.9M | Reduce -1.0% |
| KMI Kinder Morgan Inc. | 0.29% | 67,595 | $1.9M | Add +0.0% |
| DD Dupont DE Nemours Inc. | 0.28% | 23,467 | $1.8M | No change |
| NKE Nike Inc. Class B | 0.27% | 23,470 | $1.8M | Reduce -1.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.22% | 12,736 | $1.4M | Reduce -2.6% |
| AME Ametek Inc. | 0.22% | 7,810 | $1.4M | No change |
| BLX Bladex Inc. filed as Banco Latinoamericano de Comercio Exterior SA | 0.21% | 38,504 | $1.4M | Reduce -1.4% |
| V Visa Inc. Class A | 0.21% | 4,291 | $1.4M | Reduce -0.8% |
| CNI Canadian Natl Railway Co. | 0.19% | 12,132 | $1.2M | No change |
| ABT Abbott Laboratories | 0.17% | 9,938 | $1.1M | Reduce -5.7% |
| INTC Intel Corp. | 0.16% | 52,040 | $1.0M | Reduce -34.2% |
| CARR Carrier Global Corp. | 0.15% | 13,922 | $950K | No change |
| KO The Coca-Cola Co. | 0.14% | 14,538 | $905K | No change |
| META Meta Platforms Inc. Class A | 0.14% | 1,530 | $896K | Reduce -1.6% |
| F Ford Motor Co. filed as FORD MTR CO | 0.13% | 87,000 | $861K | Reduce -51.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.13% | 1,880 | $852K | No change |
| CVS CVS Health Corp. | 0.13% | 18,771 | $843K | Reduce -52.6% |
| DE Deere & Co. | 0.11% | 1,690 | $716K | No change |
| BKR Baker Hughes Co. | 0.11% | 17,332 | $711K | No change |
| BMY Bristol-Myers Squibb Co. | 0.10% | 11,395 | $645K | Reduce -3.4% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.10% | 600 | $632K | No change |
| MTB M & T Bank Corp. filed as M & T BK CORP | 0.10% | 3,310 | $622K | Reduce -7.0% |
| IRM Iron Mountain Inc. filed as IRON MTN INC DEL | 0.09% | 5,337 | $561K | Reduce -11.6% |
| LIN Linde PLC | 0.09% | 1,327 | $556K | Reduce -46.2% |
| TDW Tidewater Inc. | 0.08% | 9,800 | $536K | Reduce -2.0% |
| ORCL Oracle Corp. | 0.08% | 3,132 | $522K | Reduce -13.2% |
| OMC Omnicom Group | 0.08% | 5,866 | $505K | No change |
| SHEL Shell PLC-ADR | 0.07% | 7,655 | $480K | Reduce -5.8% |
| HII Huntington Ingalls Industrie | 0.07% | 2,484 | $469K | No change |
| PSX Phillips 66 | 0.07% | 4,109 | $468K | No change |
| FDX FedEx Corp. | 0.07% | 1,632 | $459K | Reduce -23.9% |
| EIX Edison International | 0.07% | 5,689 | $454K | No change |
| SWPPX Schwab S&P 500 Index-Sel | 0.07% | 4,910 | $443K | Add +1.1% |
| EPD Enterprise Products Partners | 0.07% | 13,890 | $436K | 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 | $704K | No change |
| FORD MOTOR COMPANY (F 6.2 06/01/59) | NTS DUE 01/06/2059 USD | 11,650 | $267K | No change |
| 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 | $170K | 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 | $84K | No change |
| MORGAN STANLEY (MS F PERP +A) | COM | 2,705 | $64K | 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 | $16K | No change |
| TDGMW Tidewater Inc.-CW42 | WARRANT | 207 | $12K | No change |
| BANK OF AMERICA CORP (BAC F PERP +4) | COM | 400 | $9K | 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 | $971 | No change |
| SEARS ROEBUCK ACCEPTANCE (SHLD 7.4 02/01/43) | PREFERR | 291 | $0 | No change |
Total filed on the 13F, all lines: $648.6M.
Portfolio Sells Q3 2024 → Q4 2024
| PFE Pfizer Inc. | Reduce -17.9% | 1.21% | −0.35 |
| UNH Unitedhealth Group Inc. | Reduce -12.6% | 1.19% | −0.33 |
| CVS CVS Health Corp. | Reduce -52.6% | 0.13% | −0.24 |
| JNJ Johnson & Johnson | Reduce -1.3% | 2.09% | −0.20 |
| MRK Merck & Co. Inc. | Reduce -0.7% | 1.50% | −0.17 |
| AMGN Amgen Inc. | Reduce -0.5% | 0.82% | −0.17 |
| F Ford Motor Co. | Reduce -51.0% | 0.13% | −0.15 |
| DOW Dow Inc. | Reduce -10.4% | 0.30% | −0.14 |
| VZ Verizon Communications Inc. | Reduce -5.0% | 0.96% | −0.14 |
| MDT Medtronic PLC | Reduce -1.9% | 1.21% | −0.13 |
| INTC Intel Corp. | Reduce -34.2% | 0.16% | −0.12 |
| MDLZ Mondelez International Inc. Class A | Reduce -0.3% | 0.58% | −0.11 |
| UNP Union Pacific Corp. | Reduce -0.4% | 2.29% | −0.11 |
| LLY Eli Lilly & Co. | Reduce -4.0% | 0.70% | −0.11 |
| TGT Target Corp. | Reduce -7.2% | 0.50% | −0.10 |
| GE General Electric | Reduce -0.0% | 0.96% | −0.09 |
| LIN Linde PLC | Reduce -46.2% | 0.09% | −0.09 |
| AXP American Express Co. | Reduce -96.3% | 0.00% | −0.09 |
| AFL Aflac Inc. | Reduce -3.4% | 1.06% | −0.09 |
| NEE Nextera Energy Inc. | Reduce -0.8% | 0.52% | −0.08 |
| ETN Eaton Corp. PLC | Reduce -8.2% | 1.44% | −0.08 |
| NXPI NXP Semiconductors NV | Reduce -1.3% | 0.56% | −0.07 |
| AMP Ameriprise Financial Inc. | Reduce -83.6% | 0.01% | −0.06 |
| MCD McDonald's Corp. | Reduce -57.2% | 0.04% | −0.06 |
| NSC Norfolk Southern Corp. | Reduce -3.7% | 0.86% | −0.05 |
| GEHC GE Healthcare Technology | Reduce -1.0% | 0.29% | −0.05 |
| SLB SLB Ltd. | Reduce -4.2% | 0.44% | −0.05 |
| PEP Pepsico Inc. | Reduce -3.2% | 0.38% | −0.04 |
| QCOM Qualcomm Inc. | Reduce -0.9% | 0.55% | −0.04 |
| MSFT Microsoft Corp. | Reduce -1.7% | 10.89% | −0.04 |
| ABBV Abbvie Inc. | Reduce -2.8% | 0.41% | −0.04 |
| NKE Nike Inc. Class B | Reduce -1.1% | 0.27% | −0.04 |
| EMR Emerson Electric Co. | Sold out | 0.00% | −0.04 |
| TXN Texas Instruments Inc. | Reduce -0.3% | 0.54% | −0.04 |
| DUK Duke Energy Corp. | Reduce -0.5% | 0.89% | −0.04 |
| CB Chubb Ltd. | Reduce -0.7% | 1.96% | −0.03 |
| RNR Renaissancere Holdings Ltd. | Reduce -0.2% | 0.50% | −0.03 |
| SNY Sanofi-ADR | Reduce -82.5% | 0.00% | −0.03 |
| FRPH FRP Holdings Inc. | Reduce -7.7% | 1.16% | −0.03 |
| TDW Tidewater Inc. | Reduce -2.0% | 0.08% | −0.02 |
| WM Waste Management Inc. | Reduce -43.2% | 0.03% | −0.02 |
| IRM Iron Mountain Inc. | Reduce -11.6% | 0.09% | −0.02 |
| SPOT Spotify Technology SA | Sold out | 0.00% | −0.02 |
| DVA Davita Inc. | Reduce -50.9% | 0.01% | −0.02 |
| FDX FedEx Corp. | Reduce -23.9% | 0.07% | −0.02 |
| A Agilent Technologies Inc. | Reduce -58.3% | 0.01% | −0.02 |
| HD Home Depot Inc. | Reduce -0.8% | 1.06% | −0.02 |
| ALL Allstate Corp. | Reduce -9.8% | 0.29% | −0.02 |
| DISAX BNYM International Stock-A | Sold out | 0.00% | −0.02 |
| GIS General Mills Inc. | Sold out | 0.00% | −0.02 |
Portfolio Buys Q3 2024 → Q4 2024
| KMI Kinder Morgan Inc. | Add +0.0% | 0.29% | +0.06 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | New | 0.01% | +0.01 |
| BMEZ BlackRock HLTH Sci TRM TR II | New | 0.01% | +0.01 |
| HTGC Hercules Capital Inc. | Add +239.0% | 0.01% | +0.00 |
| MET Metlife Inc. | Add +100.3% | 0.01% | +0.00 |
| SWPPX Schwab S&P 500 Index-Sel | Add +1.1% | 0.07% | +0.00 |
| PRU Prudential Financial Inc. | Add +54.0% | 0.01% | +0.00 |
| CLF Cleveland-Cliffs Inc. | Add +207.7% | 0.01% | +0.00 |
| FXAIX Fidelity 500 Index Fund | Add +18.8% | 0.02% | +0.00 |
| PRNHX T Rowe PR New Horizons-Inv | Add +4.6% | 0.04% | +0.00 |
| VFIAX Vanguard 500 Index-Adm | Add +0.4% | 0.02% | +0.00 |
| FRBAX JH Region Bank-A | Add +8.3% | 0.01% | +0.00 |
| ICAFX Amer FND Inv Co. of Am-F2 | Add +7.9% | 0.01% | +0.00 |
| YETI Yeti Holdings Inc. | New | 0.00% | +0.00 |
| AIVSX Amer FND Inv Co. of Am-A | Add +7.8% | 0.01% | +0.00 |
| VCMIX Har Stree Real Estate Fund-I | New | 0.00% | +0.00 |
| TRRNX T Rowe PR Rtrmnt 2055-Inv | Add +1.8% | 0.02% | +0.00 |
| SWSSX Schwab Small-Cap Index | Add +1.6% | 0.01% | +0.00 |
| APH Amphenol Corp. Class A | Add +20.0% | 0.00% | +0.00 |
| FBSOX Fidelity Sel Enterpr Tech | Add +12.1% | 0.00% | +0.00 |
| AM Antero Midstream Corp. | Add +1.5% | 0.00% | +0.00 |
| DCUSX DWS Croci US Fund-S | Add +7.1% | 0.00% | +0.00 |
| NBXG Neuberger Next Generation Co. | Add +2.4% | 0.00% | +0.00 |
| ANWFX Amer FNDS New Perspect-F2 | Add +5.4% | 0.00% | +0.00 |
| VSBSX Vanguard S/T Trsry Indx-Adm | Add +1.4% | 0.00% | +0.00 |
| ZTS Zoetis Inc. | Add +22.4% | 0.00% | +0.00 |
| ABR Arbor Realty Trust Inc. | Add +3.0% | 0.00% | 0.00 |
| DPG Duff & Phelps Utility & Inc. | Add +1.9% | 0.00% | 0.00 |
| NWN Northwest Natural Holding Co. | Add +1.3% | 0.00% | 0.00 |
| PRWAX T Rowe PR All-Cap Oppor-Inv | Add +7.7% | 0.00% | 0.00 |
| POR Portland General Electric Co. | Add +0.8% | 0.00% | −0.00 |
| PRNEX T Rowe PR New Era-Inv | Add +2.6% | 0.00% | −0.00 |
| HTO H2O America | Add +0.5% | 0.00% | −0.00 |
| XIFR XPLR Infrastructure LP | Add +5.4% | 0.00% | −0.00 |
| PRITX T Rowe PR Intl Stock-Inv | Add +1.1% | 0.02% | −0.00 |
| RTX RTX Corp. | Add +0.2% | 0.41% | −0.00 |
| COP Conocophillips | Add +0.0% | 1.88% | −0.05 |
| XOM Exxon Mobil Corp. | Add +1.2% | 1.29% | −0.05 |
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 |