Estabrook Capital Management

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Estabrook Capital Management reported 308 stock positions worth $679.2 million. Its top holding was Microsoft (MSFT) at 10.8% of the portfolio, followed by JPMorgan Chase (JPM, 7.7%) and Apple (AAPL, 7.2%). Compared with Q3 2025, it opened 2 new positions, sold out of 5, added to 41 and reduced 107. The biggest buy was Amazon.com (AMZN, shares +0%) and the biggest sale Microsoft (MSFT, shares −3%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001344717
Portfolio Value
$679.2M (Q4 2025)
SEC Filing
0001344717-26-000002 ↗ filed Feb 13, 2026

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 Q3 2025 Q4 2025: $679.2M $679.2M Q4 2025 Q1 2026: $682.9M Q1 2026 Q2 2026: $736.7M Q2 2026

Holdings 308 stocks · $679.2M
MSFT Microsoft Corp. 10.84% 152,231 $73.6M Reduce -3.3%
JPM JPMorgan Chase & Co. 7.74% 163,084 $52.5M Reduce -3.1%
AAPL Apple Inc. 7.24% 180,998 $49.2M Reduce -2.5%
COST Costco Wholesale Corp. 4.21% 33,131 $28.6M Reduce -2.5%
GOOGL Alphabet Inc. Class A 3.20% 69,478 $21.7M Reduce -2.9%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 2.98% 68,220 $20.2M Reduce -2.0%
JNJ Johnson & Johnson 2.75% 90,093 $18.6M Reduce -1.6%
C Citigroup Inc. 2.36% 137,190 $16.0M Reduce -3.7%
BAC Bank of America Corp. filed as BANK AMERICA CORP 2.32% 286,808 $15.8M Reduce -2.1%
PNC PNC Financial Services Group 2.20% 71,567 $14.9M Reduce -1.4%
CSCO Cisco Systems Inc. 2.04% 180,222 $13.9M Reduce -3.7%
HON Honeywell International Inc. 2.01% 69,936 $13.6M Reduce -1.4%
UNP Union Pacific Corp. 1.98% 58,148 $13.5M Reduce -1.7%
CB Chubb Ltd. 1.93% 42,082 $13.1M Reduce -1.1%
CVX Chevron Corp. 1.80% 80,208 $12.2M Reduce -2.4%
COP Conocophillips 1.60% 116,024 $10.9M Reduce -0.8%
WFC Wells Fargo & Co. 1.59% 116,007 $10.8M Reduce -3.0%
MRK Merck & Co. Inc. 1.52% 98,193 $10.3M Reduce -1.5%
GE General Electric filed as GE AEROSPACE 1.45% 32,017 $9.9M Reduce -6.7%
WMB Williams Cos Inc. 1.43% 161,523 $9.7M Reduce -3.0%
GLW Corning Inc. 1.35% 104,703 $9.2M Reduce -6.9%
XOM Exxon Mobil Corp. 1.32% 74,312 $8.9M Reduce -1.5%
MDT Medtronic PLC 1.25% 88,704 $8.5M Reduce -1.9%
WMT Walmart Inc. 1.21% 73,506 $8.2M Reduce -2.3%
ETN Eaton Corp. PLC 1.18% 25,108 $8.0M Reduce -3.5%
VZ Verizon Communications Inc. 1.08% 179,871 $7.3M Reduce -0.2%
CP Canadian Pacific Kansas City 1.04% 95,800 $7.1M Reduce -0.6%
PFE Pfizer Inc. 1.02% 277,335 $6.9M Reduce -8.6%
GEV GE Vernova Inc. 1.00% 10,403 $6.8M Reduce -2.6%
DUK Duke Energy Corp. 0.99% 57,530 $6.7M Reduce -1.1%
AFL Aflac Inc. 0.98% 60,183 $6.6M Reduce -3.7%
AMZN Amazon.com Inc. 0.96% 28,353 $6.5M Add +0.4%
NSC Norfolk Southern Corp. 0.91% 21,500 $6.2M Reduce -2.4%
AMGN Amgen Inc. 0.91% 18,892 $6.2M Reduce -2.2%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.85% 49,444 $5.7M Reduce -2.4%
HD Home Depot Inc. 0.81% 16,043 $5.5M Reduce -3.0%
GOOG Alphabet Inc. Class C 0.79% 17,190 $5.4M Reduce -1.9%
T AT&T Inc. 0.78% 212,900 $5.3M Reduce -1.6%
NOC Northrop Grumman Corp. 0.74% 8,842 $5.0M Reduce -6.4%
LLY Eli Lilly & Co. 0.60% 3,802 $4.1M Reduce -6.4%
RTX RTX Corp. 0.58% 21,599 $4.0M Reduce -0.0%
PG The Procter & Gamble Co. 0.57% 27,133 $3.9M Reduce -0.9%
DOV Dover Corp. 0.55% 19,082 $3.7M Reduce -1.6%
NEE Nextera Energy Inc. 0.55% 46,119 $3.7M Reduce -1.6%
QCOM Qualcomm Inc. 0.54% 21,394 $3.7M Reduce -3.0%
CTVA Corteva Inc. 0.52% 52,495 $3.5M Reduce -1.2%
USB US Bancorp 0.51% 65,525 $3.5M No change
RNR Renaissancere Holdings Ltd. 0.50% 12,070 $3.4M Reduce -0.2%
PEP Pepsico Inc. 0.49% 23,372 $3.4M Reduce -2.9%
NVDA Nvidia Corp. 0.49% 17,750 $3.3M Reduce -2.0%
MDLZ Mondelez International Inc. Class A 0.47% 59,196 $3.2M Reduce -2.7%
NXPI NXP Semiconductors NV 0.46% 14,245 $3.1M Reduce -3.0%
UNH Unitedhealth Group Inc. 0.45% 9,307 $3.1M Reduce -1.1%
TXN Texas Instruments Inc. 0.43% 16,996 $2.9M Reduce -7.5%
ABBV Abbvie Inc. 0.43% 12,721 $2.9M Reduce -1.9%
FRPH FRP Holdings Inc. filed as FRP HLDGS INC 0.39% 116,531 $2.7M Reduce -23.4%
SLB SLB Ltd. filed as SLB LIMITED 0.39% 68,799 $2.6M Reduce -9.3%
ADI Analog Devices Inc. 0.36% 9,140 $2.5M Reduce -3.8%
NVGS Navigator Holdings Ltd. 0.36% 139,858 $2.4M Reduce -1.8%
BA The Boeing Co. 0.35% 11,087 $2.4M Reduce -3.0%
SYK Stryker Corp. 0.34% 6,550 $2.3M Reduce -3.5%
DQIAX BNYM Equity Income-A 0.33% 63,769 $2.3M Add +0.1%
GEHC GE Healthcare Technology 0.27% 22,134 $1.8M Reduce -4.7%
NKE Nike Inc. Class B 0.26% 28,127 $1.8M Reduce -5.0%
INTC Intel Corp. 0.24% 44,945 $1.7M Reduce -9.4%
ALL Allstate Corp. 0.24% 7,814 $1.6M Reduce -6.1%
KMI Kinder Morgan Inc. 0.24% 58,921 $1.6M Reduce -1.6%
TGT Target Corp. 0.24% 16,402 $1.6M Reduce -23.8%
V Visa Inc. Class A 0.22% 4,171 $1.5M Reduce -0.4%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.19% 11,471 $1.3M Reduce -4.8%
CNI Canadian Natl Railway Co. 0.18% 12,132 $1.2M No change
VTRS Viatris Inc. 0.18% 95,946 $1.2M Reduce -15.5%
META Meta Platforms Inc. Class A 0.17% 1,709 $1.1M Add +6.4%
F Ford Motor Co. filed as FORD MTR CO 0.16% 84,700 $1.1M Reduce -19.1%
ABT Abbott Laboratories 0.16% 8,786 $1.1M Reduce -5.9%
AME Ametek Inc. 0.16% 5,200 $1.1M Reduce -7.1%
BLX Bladex Inc. filed as Banco Latinoamericano de Comercio Exterior SA 0.15% 22,215 $991K Reduce -3.6%
BRK.B Berkshire Hathaway Inc. Class B 0.14% 1,875 $942K No change
HII Huntington Ingalls Industrie 0.12% 2,484 $845K No change
DD Dupont DE Nemours Inc. 0.12% 20,771 $835K Reduce -8.9%
Q Qnity Electronics Inc. 0.12% 9,953 $813K Reduce -12.7%
DE Deere & Co. 0.12% 1,690 $787K No change
CARR Carrier Global Corp. 0.10% 12,837 $678K Add +0.1%
SOLS Solstice Adv Materials Inc. 0.10% 13,958 $678K Reduce -21.3%
JLDAX John Hancock II Mult 2020-A 0.10% 76,613 $663K Add +6.2%
KO The Coca-Cola Co. 0.09% 8,862 $620K Reduce -29.3%
BKR Baker Hughes Co. 0.09% 13,332 $607K No change
SHEL Shell PLC-ADR 0.08% 7,615 $560K No change
MTB M & T Bank Corp. filed as M & T BK CORP 0.08% 2,748 $554K No change
BMY Bristol-Myers Squibb Co. 0.08% 9,693 $523K Reduce -3.1%
GWW WW Grainger Inc. 0.07% 500 $505K No change
TDW Tidewater Inc. 0.07% 9,800 $495K No change
OMC Omnicom Group 0.07% 5,866 $474K No change
AMD Advanced Micro Devices 0.06% 2,030 $435K Reduce -0.7%
MU Micron Technology Inc. 0.06% 1,500 $428K No change
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.06% 5,025 $417K Reduce -5.8%
LIN Linde PLC 0.06% 934 $398K Add +0.2%
EPD Enterprise Products Partners 0.06% 12,390 $397K No change
PSX Phillips 66 0.06% 2,994 $386K Reduce -12.4%
BIIB Biogen Inc. 0.05% 2,000 $352K No change
FDX FedEx Corp. 0.05% 1,205 $348K Reduce -8.4%
FNF Fidelity National Financial 0.05% 6,330 $346K Reduce -2.8%
CSX CSX Corp. 0.05% 9,505 $345K No change
EIX Edison International 0.05% 5,689 $341K No change
LHX L3HARRIS Technologies Inc. 0.05% 1,123 $330K No change
TEL Te Connectivity PLC 0.05% 1,444 $329K No change
ORCL Oracle Corp. 0.04% 1,562 $304K Reduce -27.4%
MCD McDonald's Corp. 0.04% 943 $288K No change
PRNHX T Rowe PR New Horizons-Inv 0.04% 5,522 $286K Add +11.3%
IEX Idex Corp. 0.04% 1,600 $285K No change
SWPPX Schwab S&P 500 Index-Sel 0.04% 14,562 $255K Add +1.1%
ZBH Zimmer Biomet Holdings Inc. 0.04% 2,670 $240K No change
VMC Vulcan Materials Co. 0.03% 787 $224K Reduce -19.4%
BDX Becton Dickinson and Co. 0.03% 1,133 $220K Reduce -8.1%
MFC Manulife Financial Corp. 0.03% 6,000 $218K No change
HPQ HP Inc. 0.03% 9,400 $209K No change
REGN Regeneron Pharmaceuticals 0.03% 250 $193K No change
TRRNX T Rowe PR Rtrmnt 2055-Inv 0.03% 8,232 $187K Add +4.0%
NEM Newmont Corp. 0.03% 1,867 $186K Reduce -6.5%
PPG PPG Industries Inc. 0.03% 1,706 $175K No change
BP BP PLC-Spons ADR 0.03% 5,000 $174K Reduce -5.7%
VFIAX Vanguard 500 Index-Adm 0.03% 272 $172K No change
GFI Gold Fields Ltd.-Spons ADR 0.02% 3,825 $167K No change
TRV The Travelers Cos Inc. 0.02% 560 $162K Reduce -1.1%
ITW Illinois Tool Works 0.02% 650 $160K No change
ROK Rockwell Automation Inc. 0.02% 400 $156K Reduce -37.5%
PRITX T Rowe PR Intl Stock-Inv 0.02% 7,381 $156K Add +9.8%
HPE Hewlett Packard Enterprise 0.02% 6,400 $154K No change
STT State Street Corp. 0.02% 1,190 $154K No change
GILD Gilead Sciences Inc. 0.02% 1,200 $147K No change
MMM 3M Co. 0.02% 911 $146K No change
FVDFX Fidelity Value Discovery 0.02% 3,516 $136K No change
TXT Textron Inc. 0.02% 1,500 $131K No change
CI The Cigna Group 0.02% 473 $130K No change
FXAIX Fidelity 500 Index Fund 0.02% 526 $125K Add +0.8%
FDS Factset Research Systems Inc. 0.02% 425 $123K No change
TSCO Tractor Supply Company 0.02% 2,350 $118K No change
DOW Dow Inc. 0.02% 4,621 $108K Reduce -83.1%
NSRGY Nestle SA-Spons ADR 0.02% 1,058 $105K No change
LOW Lowe's Cos Inc. 0.02% 435 $105K No change
XLU St Sr Utl SL SE SPDR ETF-Usd 0.02% 2,415 $103K Add +0.7%
QGEN Qiagen N.V. 0.01% 2,213 $100K No change
NTIC Northern Technologies Intl 0.01% 12,188 $95K No change
WM Waste Management Inc. 0.01% 431 $95K Reduce -3.1%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.01% 608 $93K No change
GD General Dynamics Corp. 0.01% 272 $92K No change
BVERS Beaver Coal Ltd. 0.01% 35 $92K No change
KMB Kimberly-Clark Corp. 0.01% 903 $91K Reduce -0.2%
CRM Salesforce Inc. 0.01% 331 $88K No change
FGRIX Fidelity Grwth & Inc. Port 0.01% 1,282 $87K Add +1.7%
MA Mastercard Inc. Class A 0.01% 153 $87K No change
AVGO Broadcom Inc. 0.01% 250 $87K No change
DGAGX BNYM Appreciation-A 0.01% 2,430 $86K Add +18.4%
HUM Humana Inc. 0.01% 335 $86K Reduce -0.9%
OTIS Otis Worldwide Corp. 0.01% 982 $86K No change
ICAFX Amer FND Inv Co. of Am-F2 filed as AMERICAN FUNDS INVMT CO OF AMER F2 0.01% 1,316 $82K Add +9.1%
AIVSX Amer FND Inv Co. of Am-A filed as AMERICAN FUNDS INVMT CO OF AMER A 0.01% 1,237 $78K Add +9.1%
ETR Entergy Corp. 0.01% 830 $77K No change
TSLA Tesla Inc. 0.01% 165 $74K No change
DVA Davita Inc. 0.01% 650 $74K No change
AMP Ameriprise Financial Inc. 0.01% 150 $74K No change
ET Energy Transfer LP 0.01% 4,451 $73K No change
GSK GSK PLC-Spon ADR 0.01% 1,443 $71K No change
GRMN Garmin Ltd. 0.01% 348 $71K Reduce -10.3%
FRBAX JH Region Bank-A 0.01% 2,391 $70K Add +7.4%
COIN Coinbase Global Inc. Class A 0.01% 303 $69K No change
ENB Enbridge Inc. 0.01% 1,416 $68K Reduce -1.2%
VTMGX Vanguard Dev MKT Indx-Adm 0.01% 3,300 $66K No change
PRU Prudential Financial Inc. 0.01% 585 $66K Add +0.7%
TNK Teekay Tankers Ltd. Class A 0.01% 1,200 $64K No change
EA Electronic Arts Inc. 0.01% 300 $61K No change
COR Cencora Inc. 0.01% 180 $61K No change
PGOFX Victory Pioneer Sel M/C GR-A 0.01% 1,233 $60K Add +16.6%
NVR NVR Inc. 0.01% 8 $58K No change
DPLTX BNYM High Yield-A 0.01% 10,000 $54K No change
OKE Oneok Inc. 0.01% 732 $54K No change
KLAC KLA Corp. 0.01% 44 $53K No change
DHR Danaher Corp. 0.01% 225 $52K Add +2.3%
MLM Martin Marietta Materials 0.01% 82 $51K No change
PPL PPL Corp. 0.01% 1,389 $49K No change
SHW The Sherwin-Williams Co. 0.01% 150 $49K No change
BNTX Biontech SE-ADR 0.01% 500 $48K No change
MET Metlife Inc. 0.01% 602 $48K Add +0.7%
TM Toyota Motor Corp. -Spon ADR 0.01% 220 $47K No change
HTGC Hercules Capital Inc. 0.01% 2,397 $45K Add +19.7%
FANG Diamondback Energy Inc. 0.01% 300 $45K No change
AZN Astrazeneca PLC-Spons ADR 0.01% 475 $44K No change
BMEZ BlackRock HLTH Sci TRM TR II 0.01% 2,730 $41K Add +2.2%
SHOP Shopify Inc. Class A 0.01% 250 $40K No change
NTR Nutrien Ltd. 0.01% 650 $40K No change
MKSI MKS Inc. 0.01% 250 $40K No change
SCHW Schwab (charles) Corp. 0.01% 395 $39K No change
DODFX Dodge & Cox Intl STCK-I 0.01% 2,331 $38K Reduce -75.0%
REZI Resideo Technologies Inc. 0.01% 1,051 $37K Reduce -11.2%
NFLX Netflix Inc. 0.01% 380 $36K No change
LMND Lemonade Inc. 0.01% 500 $36K No change
TWLO Twilio Inc. Class A 0.01% 250 $36K No change
STX Seagate Technology Holdings 0.01% 127 $35K No change
B Barrick Mining Corp. 0.01% 800 $35K No change
GL Globe Life Inc. 0.00% 240 $34K Reduce -37.5%
ARCC Ares Capital Corp. 0.00% 1,650 $33K No change
ADP Automatic Data Processing 0.00% 125 $32K No change
PONAX PIMCO Income Fund-A 0.00% 2,900 $32K No change
VRTX Vertex Pharmaceuticals Inc. 0.00% 69 $31K No change
SWSSX Schwab Small-Cap Index 0.00% 780 $31K Add +1.2%
PM Philip Morris International 0.00% 192 $31K Add +143.0%
NFG National Fuel Gas Co. 0.00% 375 $30K No change
PEG Public Service Enterprise GP 0.00% 373 $30K No change
CMCSA Comcast Corp. Class A 0.00% 961 $29K No change
SON Sonoco Products Co. 0.00% 653 $28K Reduce -45.1%
ANWFX Amer FNDS New Perspect-F2 filed as AMERICAN FUNDS NEW PERSPECTIVE F2 0.00% 398 $28K Add +7.0%
DCUSX DWS Croci US Fund-S 0.00% 1,894 $28K Add +9.3%
SNY Sanofi-ADR 0.00% 562 $27K Reduce -2.4%
TECK Teck Resources Ltd.-CLS B 0.00% 550 $26K No change
AXP American Express Co. 0.00% 71 $26K Reduce -4.0%
PGNY Progyny Inc. 0.00% 1,000 $26K No change
PRTXX T Rowe PR US Treas MNY-Inv 0.00% 25,086 $25K New
ASPIX Alger Spectra Fund-I 0.00% 700 $24K No change
PNW Pinnacle West Capital 0.00% 270 $24K No change
FG F&G Annuities & Life Inc. 0.00% 774 $24K Add +65.4%
DPZ Domino's Pizza Inc. 0.00% 50 $21K No change
VBIRX Vanguard S/T BND Indx-Adm 0.00% 1,967 $20K No change
WY Weyerhaeuser Co. 0.00% 850 $20K No change
SJM The JM Smucker Co. filed as SMUCKER J M CO 0.00% 200 $20K No change
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 0.00% 500 $19K No change
CLX Clorox Company 0.00% 185 $19K No change
HSY The Hershey Co. 0.00% 100 $18K Reduce -54.5%
MARA Mara Holdings Inc. 0.00% 2,000 $18K No change
MS Morgan Stanley 0.00% 100 $18K No change
ADSK Autodesk Inc. 0.00% 59 $17K No change
DOCU Docusign Inc. 0.00% 250 $17K No change
SOLV Solventum Corp. 0.00% 214 $17K No change
TEPLX Templeton Growth Fund-A 0.00% 586 $17K No change
SOFI Sofi Technologies Inc. 0.00% 630 $16K No change
XLB SS Materials Select Sector 0.00% 360 $16K Add +0.6%
LULU Lululemon Athletica Inc. 0.00% 78 $16K Reduce -2.5%
CMI Cummins Inc. 0.00% 31 $16K No change
NWN Northwest Natural Holding Co. 0.00% 329 $15K Add +0.9%
MO Altria Group Inc. 0.00% 264 $15K Add +67.1%
CHE Chemed Corp. 0.00% 35 $15K No change
AM Antero Midstream Corp. 0.00% 838 $15K Add +1.3%
VSBSX Vanguard S/T Trsry Indx-Adm 0.00% 747 $15K Add +1.2%
NBXG Neuberger Next Generation Co. 0.00% 985 $14K Add +2.5%
TEMFX Templeton Foreign Fund-A 0.00% 1,483 $14K No change
JCI Johnson Controls Internation 0.00% 115 $14K No change
POR Portland General Electric Co. 0.00% 274 $13K Add +1.1%
LMT Lockheed Martin Corp. 0.00% 26 $13K No change
TSM Taiwan Semiconductor-SP ADR 0.00% 40 $12K No change
ZTS Zoetis Inc. 0.00% 96 $12K Add +4.3%
UGI Ugi Corp. 0.00% 322 $12K No change
PRNEX T Rowe PR New Era-Inv 0.00% 295 $12K Add +6.5%
AEP American Electric Power 0.00% 100 $12K No change
CAT Caterpillar Inc. 0.00% 20 $11K Reduce -75.0%
DKNG Draftkings Inc. Class A 0.00% 330 $11K No change
PCTY Paylocity Holding Corp. 0.00% 70 $11K No change
MCK McKesson Corp. 0.00% 13 $11K No change
BWA Borgwarner Inc. 0.00% 229 $10K Reduce -5.0%
WAB Wabtec Corp. 0.00% 48 $10K No change
HTO H2O America 0.00% 209 $10K Add +1.0%
CODI Compass Diversified Holdings 0.00% 2,050 $10K No change
KD Kyndryl Holdings Inc. 0.00% 358 $10K Reduce -28.5%
YETI Yeti Holdings Inc. filed as YETI HLDGS INC 0.00% 200 $9K No change
APH Amphenol Corp. Class A 0.00% 65 $9K No change
DNOW Dnow Inc. 0.00% 652 $9K No change
TMO Thermo Fisher Scientific Inc. 0.00% 14 $8K No change
DXC DXC Technology Co. 0.00% 549 $8K No change
INGR Ingredion Inc. 0.00% 70 $8K No change
HIG Hartford Insurance Group Inc. 0.00% 56 $8K No change
FBSOX Fidelity Sel Enterpr Tech 0.00% 160 $8K Reduce -23.8%
NOW ServiceNow Inc. 0.00% 50 $8K No change
STLD Steel Dynamics Inc. 0.00% 40 $7K No change
SAP Sap SE-Sponsored ADR 0.00% 27 $7K No change
VGENX Vangrd Enrgy Opprty FD-Invst filed as VANGUARD SPECIALIZED PTFLS ENE 0.00% 125 $6K No change
PRWAX T Rowe PR All-Cap Oppor-Inv 0.00% 76 $6K Add +8.6%
ASIX Advansix Inc. 0.00% 345 $6K No change
UBER Uber Technologies Inc. 0.00% 70 $6K No change
SRE Sempra 0.00% 64 $6K No change
VREX Varex Imaging Corp. 0.00% 480 $6K No change
COHR Coherent Corp. 0.00% 30 $6K No change
OLN Olin Corp. 0.00% 250 $5K No change
VTABX Vanguard TTL Intl BND-Adm 0.00% 265 $5K No change
WBD Warner Bros Discovery Inc. 0.00% 168 $5K No change
CAVA Cava Group Inc. 0.00% 80 $5K Add +100.0%
KN Knowles Corp. 0.00% 200 $4K No change
ECL Ecolab Inc. 0.00% 16 $4K No change
PNR Pentair PLC 0.00% 40 $4K No change
OXY Occidental Petroleum Corp. 0.00% 100 $4K No change
UPS United Parcel Service Class B 0.00% 40 $4K No change
RGR Sturm Ruger & Co. Inc. 0.00% 100 $3K No change
OVV Ovintiv Inc. 0.00% 80 $3K No change
SBUX Starbucks Corp. 0.00% 37 $3K No change
LEN Lennar Corp. Class A 0.00% 23 $2K No change
XIFR XPLR Infrastructure LP 0.00% 235 $2K No change
CABDX AB Relative Value-A filed as ALLIANCEBERNSTEIN GRW & INCMCL 0.00% 283 $2K New
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 0.00% 23 $2K No change
ABR Arbor Realty Trust Inc. 0.00% 191 $1K Add +3.2%
AIG American International Group 0.00% 17 $1K No change
BKRIF Bank of Ireland Group PLC filed as BANK IRELAND GROUP PLC ORD SHS 0.00% 66 $1K No change
EOG EOG Resources Inc. 0.00% 10 $1K No change
PLD Prologis Inc. 0.00% 5 $638 No change
VTR Ventas Inc. 0.00% 7 $542 No change
OGN Organon & Co. 0.00% 74 $531 No change
EVGO Evgo Inc. 0.00% 130 $378 No change
MRP Millrose Properties 0.00% 11 $329 No change
SABR Sabre Corp. 0.00% 100 $136 No change
FLPSX Fidelity Low-Price STK-RTL 0.00% 1 $41 No change
CHPT Chargepoint Holdings Inc. 0.00% 3 $20 No change
SBRA Sabra Health Care REIT Inc. 0.00% 1 $19 No change
Other holdings (19): bonds, preferreds, convertibles and warrants · $1.8M (not counted above)
SecurityClassShares / PrincipalValueChange
FIRST HORIZON CORP (FHN V6.6 PERP C) PREFERR 25,431$645KNo change
CHARLES SCHWAB CORP (SCHW 5.95 PERP D) Common Stock 11,300$283KNo change
FORD MOTOR COMPANY (F 6.2 06/01/59) NTS DUE 01/06/2059 USD 10,400$220KNo change
STIFEL FINANCIAL CORP (SF 6.25 PERP B) PREFERR 6,200$147KNo change
JPMORGAN CHASE & CO (JPM 6 PERP EE) Common Stock 5,300$133KNo change
BANK OF AMERICA CORP (BAC 5.375 PERP KK) PFD 4,000$88KNo change
AT&T INC (T 5 PERP A) COM 4,000$81KNo change
FORD MOTOR COMPANY (F 6 12/01/59) PREFERR 3,000$62KNo change
BANK OF AMERICA CORP (BAC 5.875 PERP HH) Common Stock 2,000$49KNo change
CITIGROUP CAPITAL XIII (C V0 10/30/40) C.PRN 1,000$30KNo change
MORGAN STANLEY (MS F PERP +A) COM 1,355$26KNo change
GOLDMAN SACHS GROUP INC (GS F PERP C) Preferred Stock 1,048$21KNo 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$962No change
OXY.WS Occidental Petroleum-CW27 *W EXP 08/03/202 13$250No change
SEARS ROEBUCK ACCEPTANCE (SHLD 7.4 02/01/43) PREFERR 291$0No change

Total filed on the 13F, all lines: $681.1M.

Portfolio Sells Q3 2025 → Q4 2025
MSFT Microsoft Corp. Reduce -3.3% 10.84% −1.07
COST Costco Wholesale Corp. Reduce -2.5% 4.21% −0.39
ETN Eaton Corp. PLC Reduce -3.5% 1.18% −0.25
HON Honeywell International Inc. Reduce -1.4% 2.01% −0.17
HD Home Depot Inc. Reduce -3.0% 0.81% −0.17
FRPH FRP Holdings Inc. Reduce -23.4% 0.39% −0.15
DD Dupont DE Nemours Inc. Reduce -8.9% 0.12% −0.14
T AT&T Inc. Reduce -1.6% 0.78% −0.11
PFE Pfizer Inc. Reduce -8.6% 1.02% −0.11
WMB Williams Cos Inc. Reduce -3.0% 1.43% −0.11
NOC Northrop Grumman Corp. Reduce -6.4% 0.74% −0.10
MDLZ Mondelez International Inc. Class A Reduce -2.7% 0.47% −0.09
VZ Verizon Communications Inc. Reduce -0.2% 1.08% −0.08
DOW Dow Inc. Reduce -83.1% 0.02% −0.08
CVX Chevron Corp. Reduce -2.4% 1.80% −0.06
UNP Union Pacific Corp. Reduce -1.7% 1.98% −0.06
DUK Duke Energy Corp. Reduce -1.1% 0.99% −0.06
TXN Texas Instruments Inc. Reduce -7.5% 0.43% −0.06
GE General Electric Reduce -6.7% 1.45% −0.06
NSC Norfolk Southern Corp. Reduce -2.4% 0.91% −0.05
TGT Target Corp. Reduce -23.8% 0.24% −0.05
ORCL Oracle Corp. Reduce -27.4% 0.04% −0.04
AFL Aflac Inc. Reduce -3.7% 0.98% −0.04
PG The Procter & Gamble Co. Reduce -0.9% 0.57% −0.04
NKE Nike Inc. Class B Reduce -5.0% 0.26% −0.04
NXPI NXP Semiconductors NV Reduce -3.0% 0.46% −0.03
KO The Coca-Cola Co. Reduce -29.3% 0.09% −0.03
SYK Stryker Corp. Reduce -3.5% 0.34% −0.03
SOLS Solstice Adv Materials Inc. Reduce -21.3% 0.10% −0.03
JPM JPMorgan Chase & Co. Reduce -3.1% 7.74% −0.02
UNH Unitedhealth Group Inc. Reduce -1.1% 0.45% −0.02
ALL Allstate Corp. Reduce -6.1% 0.24% −0.02
ABT Abbott Laboratories Reduce -5.9% 0.16% −0.02
IP International Paper Co. Sold out 0.00% −0.02
F Ford Motor Co. Reduce -19.1% 0.16% −0.02
COP Conocophillips Reduce -0.8% 1.60% −0.02
IRM Iron Mountain Inc. Reduce -5.8% 0.06% −0.02
Q Qnity Electronics Inc. Reduce -12.7% 0.12% −0.02
PSX Phillips 66 Reduce -12.4% 0.06% −0.01
CP Canadian Pacific Kansas City Reduce -0.6% 1.04% −0.01
WPP WPP PLC-Sponsored ADR Sold out 0.00% −0.01
ABBV Abbvie Inc. Reduce -1.9% 0.43% −0.01
VMC Vulcan Materials Co. Reduce -19.4% 0.03% −0.01
ROK Rockwell Automation Inc. Reduce -37.5% 0.02% −0.01
DIS The Walt Disney Co. Reduce -4.8% 0.19% −0.01
KMI Kinder Morgan Inc. Reduce -1.6% 0.24% −0.01
BLX Bladex Inc. Reduce -3.6% 0.15% −0.01
CTVA Corteva Inc. Reduce -1.2% 0.52% −0.01
FNF Fidelity National Financial Reduce -2.8% 0.05% −0.01
NVDA Nvidia Corp. Reduce -2.0% 0.49% −0.01

Portfolio Buys Q3 2025 → Q4 2025
AMZN Amazon.com Inc. Add +0.4% 0.96% +0.06
DQIAX BNYM Equity Income-A Add +0.1% 0.33% +0.00
PRTXX T Rowe PR US Treas MNY-Inv New 0.00% +0.00
PM Philip Morris International Add +143.0% 0.00% +0.00
JLDAX John Hancock II Mult 2020-A Add +6.2% 0.10% +0.00
FG F&G Annuities & Life Inc. Add +65.4% 0.00% +0.00
SWPPX Schwab S&P 500 Index-Sel Add +1.1% 0.04% +0.00
DHR Danaher Corp. Add +2.3% 0.01% +0.00
HTGC Hercules Capital Inc. Add +19.7% 0.01% +0.00
TRRNX T Rowe PR Rtrmnt 2055-Inv Add +4.0% 0.03% +0.00
PRNHX T Rowe PR New Horizons-Inv Add +11.3% 0.04% +0.00
PRU Prudential Financial Inc. Add +0.7% 0.01% +0.00
MO Altria Group Inc. Add +67.1% 0.00% +0.00
FXAIX Fidelity 500 Index Fund Add +0.8% 0.02% +0.00
FRBAX JH Region Bank-A Add +7.4% 0.01% +0.00
FGRIX Fidelity Grwth & Inc. Port Add +1.7% 0.01% +0.00
BMEZ BlackRock HLTH Sci TRM TR II Add +2.2% 0.01% +0.00
ICAFX Amer FND Inv Co. of Am-F2 Add +9.1% 0.01% +0.00
PRITX T Rowe PR Intl Stock-Inv Add +9.8% 0.02% +0.00
CABDX AB Relative Value-A New 0.00% +0.00
DGAGX BNYM Appreciation-A Add +18.4% 0.01% +0.00
CAVA Cava Group Inc. Add +100.0% 0.00% +0.00
DCUSX DWS Croci US Fund-S Add +9.3% 0.00% +0.00
AIVSX Amer FND Inv Co. of Am-A Add +9.1% 0.01% +0.00
POR Portland General Electric Co. Add +1.1% 0.00% +0.00
ANWFX Amer FNDS New Perspect-F2 Add +7.0% 0.00% +0.00
NWN Northwest Natural Holding Co. Add +0.9% 0.00% +0.00
SWSSX Schwab Small-Cap Index Add +1.2% 0.00% +0.00
XLB SS Materials Select Sector Add +0.6% 0.00% +0.00
PGOFX Victory Pioneer Sel M/C GR-A Add +16.6% 0.01% +0.00
PRWAX T Rowe PR All-Cap Oppor-Inv Add +8.6% 0.00% 0.00
PRNEX T Rowe PR New Era-Inv Add +6.5% 0.00% 0.00
HTO H2O America Add +1.0% 0.00% 0.00
VSBSX Vanguard S/T Trsry Indx-Adm Add +1.2% 0.00% 0.00
ABR Arbor Realty Trust Inc. Add +3.2% 0.00% −0.00
NBXG Neuberger Next Generation Co. Add +2.5% 0.00% −0.00
XLU St Sr Utl SL SE SPDR ETF-Usd Add +0.7% 0.02% −0.00
AM Antero Midstream Corp. Add +1.3% 0.00% −0.00
MET Metlife Inc. Add +0.7% 0.01% −0.00
ZTS Zoetis Inc. Add +4.3% 0.00% −0.00
LIN Linde PLC Add +0.2% 0.06% −0.01
META Meta Platforms Inc. Class A Add +6.4% 0.17% −0.01
CARR Carrier Global Corp. Add +0.1% 0.10% −0.01

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