Estabrook Capital Management

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 10, 2025), Estabrook Capital Management reported 309 stock positions worth $684.2 million. Its top holding was Microsoft (MSFT) at 11.9% of the portfolio, followed by JPMorgan Chase (JPM, 7.8%) and Apple (AAPL, 6.9%). Compared with Q2 2025, it opened 3 new positions, sold out of 8, added to 31 and reduced 93. The biggest buy was Verizon Communications (VZ, shares +13%) and the biggest sale Costco Wholesale (COST, shares −1%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001344717
Portfolio Value
$684.2M (Q3 2025)
SEC Filing
0001344717-25-000014 ↗ filed Nov 10, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $645.5M Q1 2024 Q2 2024: $648.0M Q2 2024 Q3 2024: $668.9M Q3 2024 Q4 2024: $646.9M Q4 2024 Q1 2025: $617.3M Q1 2025 Q2 2025: $648.1M Q2 2025 Q3 2025: $684.2M $684.2M Q3 2025 Q4 2025: $679.2M Q4 2025 Q1 2026: $682.9M Q1 2026 Q2 2026: $736.7M Q2 2026

Holdings 309 stocks · $684.2M
MSFT Microsoft Corp. 11.91% 157,365 $81.5M Reduce -0.8%
JPM JPMorgan Chase & Co. 7.76% 168,316 $53.1M Reduce -2.7%
AAPL Apple Inc. 6.91% 185,709 $47.3M Reduce -1.0%
COST Costco Wholesale Corp. 4.60% 33,976 $31.4M Reduce -0.8%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 2.87% 69,597 $19.6M Reduce -1.0%
GOOGL Alphabet Inc. Class A 2.54% 71,520 $17.4M Reduce -1.1%
JNJ Johnson & Johnson 2.48% 91,513 $17.0M Reduce -0.3%
BAC Bank of America Corp. filed as BANK AMERICA CORP 2.21% 293,085 $15.1M Reduce -1.8%
HON Honeywell International Inc. 2.18% 70,912 $14.9M Reduce -0.7%
PNC PNC Financial Services Group 2.13% 72,575 $14.6M Reduce -0.3%
C Citigroup Inc. 2.11% 142,511 $14.5M Reduce -0.8%
UNP Union Pacific Corp. 2.04% 59,142 $14.0M Reduce -0.9%
CSCO Cisco Systems Inc. 1.87% 187,065 $12.8M Reduce -1.6%
CVX Chevron Corp. 1.86% 82,154 $12.8M Reduce -1.1%
CB Chubb Ltd. 1.75% 42,536 $12.0M Reduce -1.1%
COP Conocophillips 1.62% 116,977 $11.1M Reduce -0.7%
WMB Williams Cos Inc. 1.54% 166,471 $10.5M Reduce -0.0%
GE General Electric filed as GE AEROSPACE 1.51% 34,308 $10.3M Reduce -0.9%
WFC Wells Fargo & Co. 1.46% 119,568 $10.0M Reduce -1.4%
ETN Eaton Corp. PLC 1.42% 26,022 $9.7M Reduce -1.3%
GLW Corning Inc. 1.35% 112,428 $9.2M Reduce -1.7%
MDT Medtronic PLC 1.26% 90,445 $8.6M Reduce -1.4%
XOM Exxon Mobil Corp. 1.24% 75,422 $8.5M Reduce -0.2%
MRK Merck & Co. Inc. 1.22% 99,700 $8.4M Reduce -0.7%
VZ Verizon Communications Inc. 1.16% 180,228 $7.9M Add +12.6%
WMT Walmart Inc. 1.13% 75,269 $7.8M Reduce -1.4%
PFE Pfizer Inc. 1.13% 303,450 $7.7M Reduce -4.8%
DUK Duke Energy Corp. 1.05% 58,198 $7.2M Reduce -1.0%
CP Canadian Pacific Kansas City 1.05% 96,400 $7.2M No change
AFL Aflac Inc. 1.02% 62,508 $7.0M Reduce -1.0%
HD Home Depot Inc. 0.98% 16,543 $6.7M Reduce -0.6%
NSC Norfolk Southern Corp. 0.97% 22,019 $6.6M Reduce -0.9%
GEV GE Vernova Inc. 0.96% 10,678 $6.6M Reduce -1.1%
AMZN Amazon.com Inc. 0.91% 28,251 $6.2M Add +0.1%
T AT&T Inc. 0.89% 216,287 $6.1M Add +15.1%
NOC Northrop Grumman Corp. 0.84% 9,449 $5.8M No change
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.81% 50,657 $5.5M Reduce -1.3%
AMGN Amgen Inc. 0.80% 19,320 $5.5M Reduce -0.9%
GOOG Alphabet Inc. Class C 0.62% 17,515 $4.3M Reduce -0.4%
PG The Procter & Gamble Co. 0.61% 27,369 $4.2M Reduce -0.3%
MDLZ Mondelez International Inc. Class A 0.56% 60,824 $3.8M Reduce -0.1%
FRPH FRP Holdings Inc. filed as FRP HLDGS INC 0.54% 152,115 $3.7M Reduce -11.4%
QCOM Qualcomm Inc. 0.54% 22,055 $3.7M Reduce -2.0%
RTX RTX Corp. 0.53% 21,604 $3.6M Reduce -1.2%
CTVA Corteva Inc. 0.53% 53,135 $3.6M Reduce -2.2%
NEE Nextera Energy Inc. 0.52% 46,852 $3.5M Reduce -0.8%
PEP Pepsico Inc. 0.49% 24,074 $3.4M Add +1.4%
NVDA Nvidia Corp. 0.49% 18,110 $3.4M Reduce -3.6%
TXN Texas Instruments Inc. 0.49% 18,383 $3.4M Reduce -1.4%
NXPI NXP Semiconductors NV 0.49% 14,680 $3.3M Reduce -1.1%
UNH Unitedhealth Group Inc. 0.47% 9,410 $3.2M Reduce -0.8%
DOV Dover Corp. 0.47% 19,392 $3.2M Reduce -0.9%
USB US Bancorp 0.46% 65,525 $3.2M No change
LLY Eli Lilly & Co. 0.45% 4,062 $3.1M Reduce -0.6%
RNR Renaissancere Holdings Ltd. 0.45% 12,097 $3.1M Reduce -0.8%
ABBV Abbvie Inc. 0.44% 12,963 $3.0M Reduce -1.2%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.38% 75,889 $2.6M Reduce -2.2%
SYK Stryker Corp. 0.37% 6,789 $2.5M Add +1.6%
BA The Boeing Co. 0.36% 11,427 $2.5M Add +2.1%
ADI Analog Devices Inc. 0.34% 9,500 $2.3M No change
DQIAX BNYM Equity Income-A 0.33% 63,692 $2.3M No change
NVGS Navigator Holdings Ltd. 0.32% 142,458 $2.2M Reduce -4.8%
NKE Nike Inc. Class B 0.30% 29,603 $2.1M Reduce -0.6%
TGT Target Corp. 0.28% 21,522 $1.9M Reduce -5.0%
ALL Allstate Corp. 0.26% 8,323 $1.8M Reduce -0.3%
DD Dupont DE Nemours Inc. 0.26% 22,805 $1.8M No change
GEHC GE Healthcare Technology 0.26% 23,232 $1.7M Reduce -0.4%
KMI Kinder Morgan Inc. 0.25% 59,874 $1.7M Add +0.0%
INTC Intel Corp. 0.24% 49,636 $1.7M Reduce -4.8%
V Visa Inc. Class A 0.21% 4,186 $1.4M Add +0.5%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.20% 12,045 $1.4M Reduce -2.1%
F Ford Motor Co. filed as FORD MTR CO 0.18% 104,700 $1.3M Reduce -6.7%
ABT Abbott Laboratories 0.18% 9,333 $1.3M No change
META Meta Platforms Inc. Class A 0.17% 1,606 $1.2M Add +1.4%
CNI Canadian Natl Railway Co. 0.17% 12,132 $1.1M No change
VTRS Viatris Inc. 0.16% 113,488 $1.1M Reduce -24.6%
BLX Bladex Inc. filed as Banco Latinoamericano de Comercio Exterior SA 0.15% 23,042 $1.1M Reduce -24.3%
AME Ametek Inc. 0.15% 5,600 $1.1M No change
BRK.B Berkshire Hathaway Inc. Class B 0.14% 1,875 $943K No change
KO The Coca-Cola Co. 0.12% 12,538 $832K No change
DE Deere & Co. 0.11% 1,690 $773K No change
CARR Carrier Global Corp. 0.11% 12,827 $766K Reduce -2.2%
HII Huntington Ingalls Industrie 0.10% 2,484 $715K No change
JLDAX John Hancock II Mult 2020-A 0.10% 72,147 $651K No change
BKR Baker Hughes Co. 0.09% 13,332 $650K No change
DOW Dow Inc. 0.09% 27,297 $626K Reduce -38.8%
ORCL Oracle Corp. 0.09% 2,150 $605K No change
SHEL Shell PLC-ADR 0.08% 7,615 $545K No change
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.08% 5,337 $544K No change
MTB M & T Bank Corp. filed as M & T BK CORP 0.08% 2,748 $543K Reduce -0.9%
TDW Tidewater Inc. 0.08% 9,800 $523K No change
OMC Omnicom Group 0.07% 5,866 $478K No change
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.07% 500 $476K No change
PSX Phillips 66 0.07% 3,417 $465K Reduce -2.6%
BMY Bristol-Myers Squibb Co. 0.07% 10,007 $451K Reduce -10.5%
LIN Linde PLC 0.06% 932 $443K Reduce -1.6%
FNF Fidelity National Financial 0.06% 6,511 $394K Reduce -2.7%
EPD Enterprise Products Partners 0.06% 12,390 $387K No change
LHX L3HARRIS Technologies Inc. 0.05% 1,123 $343K Reduce -8.2%
CSX CSX Corp. 0.05% 9,505 $338K No change
AMD Advanced Micro Devices 0.05% 2,045 $331K Reduce -0.5%
TEL Te Connectivity PLC 0.05% 1,444 $317K No change
EIX Edison International 0.05% 5,689 $314K No change
FDX FedEx Corp. 0.05% 1,315 $310K Reduce -7.1%
VMC Vulcan Materials Co. 0.04% 976 $300K No change
MCD McDonald's Corp. 0.04% 943 $287K Add +2.7%
PRNHX T Rowe PR New Horizons-Inv 0.04% 4,960 $281K No change
BIIB Biogen Inc. 0.04% 2,000 $280K No change
ZBH Zimmer Biomet Holdings Inc. 0.04% 2,670 $263K No change
IEX Idex Corp. 0.04% 1,600 $260K No change
HPQ HP Inc. 0.04% 9,400 $256K No change
MU Micron Technology Inc. 0.04% 1,500 $251K No change
SWPPX Schwab S&P 500 Index-Sel 0.04% 14,401 $249K No change
BDX Becton Dickinson and Co. 0.03% 1,233 $231K Reduce -1.2%
ROK Rockwell Automation Inc. 0.03% 640 $224K No change
MFC Manulife Financial Corp. 0.03% 6,000 $187K No change
BP BP PLC-Spons ADR 0.03% 5,302 $183K No change
TRRNX T Rowe PR Rtrmnt 2055-Inv 0.03% 7,912 $182K No change
PPG PPG Industries Inc. 0.03% 1,706 $179K No change
ITW Illinois Tool Works 0.02% 650 $169K No change
NEM Newmont Corp. 0.02% 1,997 $168K Reduce -7.6%
VFIAX Vanguard 500 Index-Adm 0.02% 272 $168K No change
GFI Gold Fields Ltd.-Spons ADR 0.02% 3,825 $160K No change
TRV The Travelers Cos Inc. 0.02% 566 $158K Reduce -0.9%
HPE Hewlett Packard Enterprise 0.02% 6,400 $157K No change
PRITX T Rowe PR Intl Stock-Inv 0.02% 6,720 $154K No change
MMM 3M Co. 0.02% 911 $141K Reduce -3.2%
REGN Regeneron Pharmaceuticals 0.02% 250 $141K No change
IP International Paper Co. 0.02% 2,990 $139K No change
STT State Street Corp. 0.02% 1,190 $138K No change
CI The Cigna Group 0.02% 473 $136K No change
TSCO Tractor Supply Company 0.02% 2,350 $134K No change
GILD Gilead Sciences Inc. 0.02% 1,200 $133K No change
FVDFX Fidelity Value Discovery 0.02% 3,516 $132K No change
TXT Textron Inc. 0.02% 1,500 $127K No change
FDS Factset Research Systems Inc. 0.02% 425 $122K No change
FXAIX Fidelity 500 Index Fund 0.02% 522 $122K Add +0.2%
KMB Kimberly-Clark Corp. 0.02% 905 $113K Reduce -0.2%
LOW Lowe's Cos Inc. 0.02% 435 $109K No change
XLU St Sr Utl SL SE SPDR ETF-Usd 0.02% 1,199 $105K Add +0.7%
COIN Coinbase Global Inc. Class A 0.01% 303 $102K Reduce -24.8%
BVERS Beaver Coal Ltd. 0.01% 35 $102K No change
QGEN Qiagen N.V. 0.01% 2,213 $99K No change
WM Waste Management Inc. 0.01% 445 $98K Reduce -2.0%
NSRGY Nestle SA-Spons ADR 0.01% 1,058 $97K No change
GRMN Garmin Ltd. 0.01% 388 $96K No change
NTIC Northern Technologies Intl 0.01% 12,188 $94K No change
GD General Dynamics Corp. 0.01% 272 $93K No change
OTIS Otis Worldwide Corp. 0.01% 982 $90K No change
HUM Humana Inc. 0.01% 338 $88K Reduce -1.2%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.01% 608 $88K No change
MA Mastercard Inc. Class A 0.01% 153 $87K No change
DVA Davita Inc. 0.01% 650 $86K No change
DGAGX BNYM Appreciation-A 0.01% 2,052 $85K No change
FGRIX Fidelity Grwth & Inc. Port 0.01% 1,261 $85K Add +6.9%
AVGO Broadcom Inc. 0.01% 250 $82K No change
ICAFX Amer FND Inv Co. of Am-F2 filed as AMERICAN FUNDS INVESTMENT COMPANY OF AMERICA CLASS F-2 0.01% 1,206 $81K Add +0.3%
CRM Salesforce Inc. 0.01% 331 $78K No change
ETR Entergy Corp. 0.01% 830 $77K No change
ET Energy Transfer LP 0.01% 4,451 $76K No change
AIVSX Amer FND Inv Co. of Am-A filed as AMERICAN FUNDS INVMT CO OF AMER A 0.01% 1,134 $76K Add +0.3%
WPP WPP PLC-Sponsored ADR 0.01% 3,000 $75K No change
AMP Ameriprise Financial Inc. 0.01% 150 $74K Reduce -54.5%
TSLA Tesla Inc. 0.01% 165 $73K No change
ENB Enbridge Inc. 0.01% 1,433 $72K Reduce -0.7%
FRBAX JH Region Bank-A 0.01% 2,226 $66K Add +0.4%
NVR NVR Inc. 0.01% 8 $64K No change
VTMGX Vanguard Dev MKT Indx-Adm 0.01% 3,300 $64K Reduce -19.7%
GSK GSK PLC-Spon ADR 0.01% 1,443 $62K No change
TNK Teekay Tankers Ltd. Class A 0.01% 1,200 $61K No change
EA Electronic Arts Inc. 0.01% 300 $61K No change
PRU Prudential Financial Inc. 0.01% 581 $60K Add +0.7%
PGOFX Victory Pioneer Sel M/C GR-A 0.01% 1,057 $60K No change
COR Cencora Inc. 0.01% 180 $56K New
GL Globe Life Inc. 0.01% 384 $55K No change
DPLTX BNYM High Yield-A 0.01% 10,000 $55K No change
OKE Oneok Inc. 0.01% 732 $53K No change
SHW The Sherwin-Williams Co. 0.01% 150 $52K No change
MLM Martin Marietta Materials 0.01% 82 $52K No change
PPL PPL Corp. 0.01% 1,389 $52K No change
SON Sonoco Products Co. 0.01% 1,189 $51K Reduce -0.6%
REZI Resideo Technologies Inc. 0.01% 1,184 $51K No change
BNTX Biontech SE-ADR 0.01% 500 $49K No change
MET Metlife Inc. 0.01% 598 $49K Add +0.5%
KLAC KLA Corp. 0.01% 44 $47K No change
NFLX Netflix Inc. 0.01% 38 $46K No change
DHR Danaher Corp. 0.01% 220 $44K No change
FANG Diamondback Energy Inc. 0.01% 300 $43K No change
TM Toyota Motor Corp. -Spon ADR 0.01% 220 $42K No change
HSY The Hershey Co. 0.01% 220 $41K No change
BMEZ BlackRock HLTH Sci TRM TR II 0.01% 2,672 $39K Add +3.5%
DODFX Dodge & Cox Intl STCK-I 0.01% 2,331 $38K Add +300.5%
CAT Caterpillar Inc. 0.01% 80 $38K Reduce -27.3%
NTR Nutrien Ltd. 0.01% 650 $38K No change
HTGC Hercules Capital Inc. 0.01% 2,002 $38K Add +2.1%
SCHW Schwab (charles) Corp. 0.01% 395 $38K No change
SHOP Shopify Inc. Class A 0.01% 250 $37K No change
ADP Automatic Data Processing 0.01% 125 $37K No change
MARA Mara Holdings Inc. 0.01% 2,000 $37K No change
AZN Astrazeneca PLC-Spons ADR 0.01% 475 $36K No change
NFG National Fuel Gas Co. 0.01% 375 $35K No change
ARCC Ares Capital Corp. 0.00% 1,650 $34K No change
PONAX PIMCO Income Fund-A 0.00% 2,900 $32K No change
PEG Public Service Enterprise GP 0.00% 373 $31K No change
MKSI MKS Inc. 0.00% 250 $31K No change
SWSSX Schwab Small-Cap Index 0.00% 771 $30K No change
CMCSA Comcast Corp. Class A 0.00% 961 $30K Reduce -1.2%
STX Seagate Technology Holdings 0.00% 127 $30K No change
ANWFX Amer FNDS New Perspect-F2 0.00% 372 $27K No change
SNY Sanofi-ADR 0.00% 576 $27K Reduce -1.5%
VRTX Vertex Pharmaceuticals Inc. 0.00% 69 $27K No change
LMND Lemonade Inc. 0.00% 500 $27K Reduce -50.0%
ASPIX Alger Spectra Fund-I 0.00% 700 $27K No change
B Barrick Mining Corp. 0.00% 800 $26K No change
DCUSX DWS Croci US Fund-S 0.00% 1,733 $26K No change
TWLO Twilio Inc. Class A 0.00% 250 $25K No change
AXP American Express Co. 0.00% 74 $25K No change
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 0.00% 500 $25K No change
PNW Pinnacle West Capital 0.00% 270 $24K No change
TECK Teck Resources Ltd.-CLS B 0.00% 550 $24K No change
CLX Clorox Company 0.00% 185 $23K No change
SJM The JM Smucker Co. filed as SMUCKER J M CO 0.00% 200 $22K No change
DPZ Domino's Pizza Inc. 0.00% 50 $22K No change
PGNY Progyny Inc. 0.00% 1,000 $22K No change
WY Weyerhaeuser Co. 0.00% 850 $21K No change
VBIRX Vanguard S/T BND Indx-Adm 0.00% 1,967 $20K No change
ADSK Autodesk Inc. 0.00% 59 $19K No change
TEPLX Templeton Growth Fund-A 0.00% 586 $18K No change
DOCU Docusign Inc. 0.00% 250 $18K No change
SOFI Sofi Technologies Inc. 0.00% 630 $17K No change
AM Antero Midstream Corp. 0.00% 827 $16K Add +1.2%
XLB SS Materials Select Sector 0.00% 179 $16K Add +0.6%
MS Morgan Stanley 0.00% 100 $16K No change
CHE Chemed Corp. 0.00% 35 $16K New
SOLV Solventum Corp. 0.00% 214 $16K No change
KD Kyndryl Holdings Inc. 0.00% 501 $15K No change
NBXG Neuberger Next Generation Co. 0.00% 961 $15K Add +2.0%
NWN Northwest Natural Holding Co. 0.00% 326 $15K Add +1.2%
FG F&G Annuities & Life Inc. 0.00% 468 $15K No change
VSBSX Vanguard S/T Trsry Indx-Adm 0.00% 738 $14K Add +1.1%
LULU Lululemon Athletica Inc. 0.00% 80 $14K Add +100.0%
TEMFX Templeton Foreign Fund-A 0.00% 1,483 $14K No change
CODI Compass Diversified Holdings 0.00% 2,050 $14K No change
ZTS Zoetis Inc. 0.00% 92 $13K No change
CMI Cummins Inc. 0.00% 31 $13K Reduce -27.9%
LMT Lockheed Martin Corp. 0.00% 26 $13K No change
PM Philip Morris International 0.00% 79 $13K Reduce -51.8%
JCI Johnson Controls Internation 0.00% 115 $13K No change
DKNG Draftkings Inc. Class A 0.00% 330 $12K No change
POR Portland General Electric Co. 0.00% 271 $12K Add +1.5%
PRNEX T Rowe PR New Era-Inv 0.00% 277 $12K No change
AEP American Electric Power 0.00% 100 $11K No change
TSM Taiwan Semiconductor-SP ADR 0.00% 40 $11K No change
PCTY Paylocity Holding Corp. 0.00% 70 $11K No change
FBSOX Fidelity Sel Enterpr Tech 0.00% 210 $11K No change
UGI Ugi Corp. 0.00% 322 $11K Reduce -48.2%
BWA Borgwarner Inc. 0.00% 241 $11K Reduce -3.2%
MO Altria Group Inc. 0.00% 158 $10K No change
HTO H2O America 0.00% 207 $10K Add +0.5%
MCK McKesson Corp. 0.00% 13 $10K No change
DNOW Dnow Inc. 0.00% 652 $10K No change
WAB Wabtec Corp. 0.00% 48 $10K No change
NOW ServiceNow Inc. 0.00% 10 $9K No change
INGR Ingredion Inc. 0.00% 70 $9K No change
APH Amphenol Corp. Class A 0.00% 65 $8K Reduce -18.8%
DXC DXC Technology Co. 0.00% 549 $7K No change
HIG Hartford Insurance Group Inc. 0.00% 56 $7K No change
SAP Sap SE-Sponsored ADR 0.00% 27 $7K No change
UBER Uber Technologies Inc. 0.00% 70 $7K No change
TMO Thermo Fisher Scientific Inc. 0.00% 14 $7K Reduce -12.5%
ASIX Advansix Inc. 0.00% 345 $7K No change
YETI Yeti Holdings Inc. filed as YETI HLDGS INC 0.00% 200 $7K No change
DPG Duff & Phelps Utility & Inc. 0.00% 510 $7K Add +1.8%
OLN Olin Corp. 0.00% 250 $6K No change
VGENX Vangrd Enrgy Opprty FD-Invst filed as VANGUARD SPECIALIZED PTFLS ENE 0.00% 125 $6K No change
VREX Varex Imaging Corp. 0.00% 480 $6K No change
PRWAX T Rowe PR All-Cap Oppor-Inv 0.00% 70 $6K No change
SRE Sempra 0.00% 64 $6K No change
STLD Steel Dynamics Inc. 0.00% 40 $6K No change
VTABX Vanguard TTL Intl BND-Adm 0.00% 265 $5K No change
OXY Occidental Petroleum Corp. 0.00% 100 $5K No change
KN Knowles Corp. 0.00% 200 $5K No change
NOV Nov Inc. 0.00% 349 $5K No change
PNR Pentair PLC 0.00% 40 $4K No change
ECL Ecolab Inc. 0.00% 16 $4K No change
RGR Sturm Ruger & Co. Inc. 0.00% 100 $4K No change
UPS United Parcel Service Class B 0.00% 40 $3K No change
WBD Warner Bros Discovery Inc. 0.00% 168 $3K No change
COHR Coherent Corp. 0.00% 30 $3K No change
OVV Ovintiv Inc. 0.00% 80 $3K No change
SBUX Starbucks Corp. 0.00% 37 $3K Reduce -74.1%
LEN Lennar Corp. Class A 0.00% 23 $3K No change
CAVA Cava Group Inc. 0.00% 40 $2K New
XIFR XPLR Infrastructure LP 0.00% 235 $2K No change
ABR Arbor Realty Trust Inc. 0.00% 185 $2K Add +2.2%
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 0.00% 23 $1K No change
AIG American International Group 0.00% 17 $1K No change
EOG EOG Resources Inc. 0.00% 10 $1K No change
BKRIF Bank of Ireland Group PLC filed as BANK IRELAND GROUP PLC ORD SHS 0.00% 66 $1K No change
OGN Organon & Co. 0.00% 74 $790 No change
EVGO Evgo Inc. 0.00% 130 $615 No change
PLD Prologis Inc. 0.00% 5 $573 No change
VTR Ventas Inc. 0.00% 7 $490 No change
MRP Millrose Properties 0.00% 11 $370 No change
ZIMV Zimvie Inc. 0.00% 19 $360 No change
SABR Sabre Corp. 0.00% 100 $183 No change
FLPSX Fidelity Low-Price STK-RTL 0.00% 1 $42 No change
CHPT Chargepoint Holdings Inc. 0.00% 3 $33 No change
SBRA Sabra Health Care REIT Inc. 0.00% 1 $19 No change
Other holdings (19): bonds, preferreds, convertibles and warrants · $1.9M (not counted above)
SecurityClassShares / PrincipalValueChange
FIRST HORIZON CORP (FHN V6.6 PERP C) PREFERR 25,431$645KReduce -1.2%
CHARLES SCHWAB CORP (SCHW 5.95 PERP D) Common Stock 11,300$283KAdd +28.4%
FORD MOTOR COMPANY (F 6.2 06/01/59) NTS DUE 01/06/2059 USD 10,400$233KReduce -1.9%
STIFEL FINANCIAL CORP (SF 6.25 PERP B) PREFERR 6,200$155KNo change
JPMORGAN CHASE & CO (JPM 6 PERP EE) Common Stock 5,300$134KNo change
BANK OF AMERICA CORP (BAC 5.375 PERP KK) PFD 4,000$91KNew
AT&T INC (T 5 PERP A) COM 4,000$84KNo change
FORD MOTOR COMPANY (F 6 12/01/59) PREFERR 3,000$66KNew
BANK OF AMERICA CORP (BAC 5.875 PERP HH) Common Stock 2,000$50KNew
CITIGROUP CAPITAL XIII (C V0 10/30/40) C.PRN 1,000$30KNo change
MORGAN STANLEY (MS F PERP +A) COM 1,355$29KNo change
GOLDMAN SACHS GROUP INC (GS F PERP C) Preferred Stock 1,048$22KNo change
BANK OF AMERICA CORP (BAC 4.75 PERP SS) PREFERR 750$15KNo change
TDGMW Tidewater Inc.-CW42 WARRANT 207$10KNo change
BANK OF AMERICA CORP (BAC F PERP +4) COM 400$8KNo change
GOLDMAN SACHS GROUP INC (GS F PERP A) COM 344$7KNo change
LIBERTY BROADBAND CORP (LBRDA 7 PERP A) COM 40$986No change
OXY.WS Occidental Petroleum-CW27 *W EXP 08/03/202 13$332No change
SEARS ROEBUCK ACCEPTANCE (SHLD 7.4 02/01/43) PREFERR 291$0No change

Total filed on the 13F, all lines: $686.1M.

Portfolio Sells Q2 2025 → Q3 2025
COST Costco Wholesale Corp. Reduce -0.8% 4.60% −0.63
HON Honeywell International Inc. Reduce -0.7% 2.18% −0.38
IBM Intl Business Machines Corp. Reduce -1.0% 2.87% −0.33
MSFT Microsoft Corp. Reduce -0.8% 11.91% −0.27
FRPH FRP Holdings Inc. Reduce -11.4% 0.54% −0.17
CB Chubb Ltd. Reduce -1.1% 1.75% −0.17
CSCO Cisco Systems Inc. Reduce -1.6% 1.87% −0.16
TXN Texas Instruments Inc. Reduce -1.4% 0.49% −0.10
CTVA Corteva Inc. Reduce -2.2% 0.53% −0.10
DOW Dow Inc. Reduce -38.8% 0.09% −0.09
DOV Dover Corp. Reduce -0.9% 0.47% −0.08
MDLZ Mondelez International Inc. Class A Reduce -0.1% 0.56% −0.08
UNP Union Pacific Corp. Reduce -0.9% 2.04% −0.08
WMB Williams Cos Inc. Reduce -0.0% 1.54% −0.07
PFE Pfizer Inc. Reduce -4.8% 1.13% −0.06
TGT Target Corp. Reduce -5.0% 0.28% −0.06
PG The Procter & Gamble Co. Reduce -0.3% 0.61% −0.06
AMGN Amgen Inc. Reduce -0.9% 0.80% −0.04
VTRS Viatris Inc. Reduce -24.6% 0.16% −0.04
LLY Eli Lilly & Co. Reduce -0.6% 0.45% −0.04
CARR Carrier Global Corp. Reduce -2.2% 0.11% −0.04
WFC Wells Fargo & Co. Reduce -1.4% 1.46% −0.03
BLX Bladex Inc. Reduce -24.3% 0.15% −0.03
DIS The Walt Disney Co. Reduce -2.1% 0.20% −0.03
ETN Eaton Corp. PLC Reduce -1.3% 1.42% −0.03
NKE Nike Inc. Class B Reduce -0.6% 0.30% −0.02
SLB SLB Ltd. Reduce -2.2% 0.38% −0.02
DUK Duke Energy Corp. Reduce -1.0% 1.05% −0.02
WMT Walmart Inc. Reduce -1.4% 1.13% −0.02
QCOM Qualcomm Inc. Reduce -2.0% 0.54% −0.02
COP Conocophillips Reduce -0.7% 1.62% −0.01
XOM Exxon Mobil Corp. Reduce -0.2% 1.24% −0.01
BMY Bristol-Myers Squibb Co. Reduce -10.5% 0.07% −0.01
NXPI NXP Semiconductors NV Reduce -1.1% 0.49% −0.01
GEHC GE Healthcare Technology Reduce -0.4% 0.26% −0.01
AMP Ameriprise Financial Inc. Reduce -54.5% 0.01% −0.01
RNR Renaissancere Holdings Ltd. Reduce -0.8% 0.45% −0.01
RIOT Riot Platforms Inc. Sold out 0.00% −0.01
AFL Aflac Inc. Reduce -1.0% 1.02% −0.01
COIN Coinbase Global Inc. Class A Reduce -24.8% 0.01% −0.01
F Ford Motor Co. Reduce -6.7% 0.18% −0.00
FDX FedEx Corp. Reduce -7.1% 0.05% −0.00
NVGS Navigator Holdings Ltd. Reduce -4.8% 0.32% −0.00
LIN Linde PLC Reduce -1.6% 0.06% −0.00
MTB M & T Bank Corp. Reduce -0.9% 0.08% −0.00
VSMAX Vangrd Mrgstr SML CP Idx-Adm Sold out 0.00% −0.00
LMND Lemonade Inc. Reduce -50.0% 0.00% −0.00
MRK Merck & Co. Inc. Reduce -0.7% 1.22% −0.00
PM Philip Morris International Reduce -51.8% 0.00% −0.00
LNTH Lantheus Holdings Inc. Sold out 0.00% −0.00

Portfolio Buys Q2 2025 → Q3 2025
VZ Verizon Communications Inc. Add +12.6% 1.16% +0.09
T AT&T Inc. Add +15.1% 0.89% +0.05
PEP Pepsico Inc. Add +1.4% 0.49% +0.01
COR Cencora Inc. New 0.01% +0.01
CHE Chemed Corp. New 0.00% +0.00
LULU Lululemon Athletica Inc. Add +100.0% 0.00% +0.00
MCD McDonald's Corp. Add +2.7% 0.04% +0.00
CAVA Cava Group Inc. New 0.00% +0.00
FXAIX Fidelity 500 Index Fund Add +0.2% 0.02% +0.00
XLU St Sr Utl SL SE SPDR ETF-Usd Add +0.7% 0.02% +0.00
NWN Northwest Natural Holding Co. Add +1.2% 0.00% +0.00
DODFX Dodge & Cox Intl STCK-I Add +300.5% 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
POR Portland General Electric Co. Add +1.5% 0.00% +0.00
AM Antero Midstream Corp. Add +1.2% 0.00% 0.00
ABR Arbor Realty Trust Inc. Add +2.2% 0.00% 0.00
BMEZ BlackRock HLTH Sci TRM TR II Add +3.5% 0.01% 0.00
DPG Duff & Phelps Utility & Inc. Add +1.8% 0.00% 0.00
FGRIX Fidelity Grwth & Inc. Port Add +6.9% 0.01% 0.00
FRBAX JH Region Bank-A Add +0.4% 0.01% 0.00
HTGC Hercules Capital Inc. Add +2.1% 0.01% 0.00
NBXG Neuberger Next Generation Co. Add +2.0% 0.00% 0.00
XLB SS Materials Select Sector Add +0.6% 0.00% −0.00
VSBSX Vanguard S/T Trsry Indx-Adm Add +1.1% 0.00% −0.00
MET Metlife Inc. Add +0.5% 0.01% −0.00
HTO H2O America Add +0.5% 0.00% −0.00
PRU Prudential Financial Inc. Add +0.7% 0.01% −0.00
BA The Boeing Co. Add +2.1% 0.36% −0.00
META Meta Platforms Inc. Class A Add +1.4% 0.17% −0.01
V Visa Inc. Class A Add +0.5% 0.21% −0.02
KMI Kinder Morgan Inc. Add +0.0% 0.25% −0.02
SYK Stryker Corp. Add +1.6% 0.37% −0.04
AMZN Amazon.com Inc. Add +0.1% 0.91% −0.05

Notes & Other Activity Q2 2025 → Q3 2025
FIRST HORIZON CORP (FHN V6.6 PERP C) PREFERR Reduce -1.2% 25,431 $645K
CHARLES SCHWAB CORP (SCHW 5.95 PERP D) Common Stock Add +28.4% 11,300 $283K
FORD MOTOR COMPANY (F 6.2 06/01/59) NTS DUE 01/06/2059 USD Reduce -1.9% 10,400 $233K
BANK OF AMERICA CORP (BAC 5.375 PERP KK) PFD New 4,000 $91K
FORD MOTOR COMPANY (F 6 12/01/59) PREFERR New 3,000 $66K
BANK OF AMERICA CORP (BAC 5.875 PERP HH) Common Stock New 2,000 $50K

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 320$736.7MMSFT, JPM, AAPL, COST, GOOGL
Q1 2026 357$682.9MMSFT, JPM, AAPL, COST, JNJ
Q4 2025 308$679.2MMSFT, JPM, AAPL, COST, GOOGL
Q3 2025 309$684.2MMSFT, JPM, AAPL, COST, IBM
Q2 2025 314$648.1MMSFT, JPM, AAPL, COST, IBM
Q1 2025 314$617.3MMSFT, JPM, AAPL, COST, IBM
Q4 2024 332$646.9MMSFT, AAPL, JPM, COST, HON
Q3 2024 343$668.9MMSFT, AAPL, JPM, COST, IBM
Q2 2024 334$648.0MMSFT, AAPL, JPM, COST, HON
Q1 2024 341$645.5MMSFT, JPM, AAPL, COST, UNP