Excalibur Management Corp.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 13, 2024), Excalibur Management Corp. reported 160 stock positions worth $236.0 million. Its top holding was Carlisle Cos (CSL) at 12.8% of the portfolio, followed by Microsoft (MSFT, 5.0%) and Apple (AAPL, 4.1%). Compared with Q4 2023, it opened 8 new positions, sold out of 7, added to 84 and reduced 45. The biggest buy was Berkshire Hathaway Class B (BRK.B, shares +0%) and the biggest sale Apple (AAPL, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- WALTHAM, MA
- CIK
- 0001009003
- Portfolio Value
- $236.0M (Q1 2024)
- SEC Filing
- 0001085146-24-002406 ↗ filed May 13, 2024
Holdings Value
Holdings 160 stocks · $236.0M
| CSL Carlisle Cos Inc. | 12.84% | 77,366 | $30.3M | Reduce -0.6% |
| MSFT Microsoft Corp. | 5.05% | 28,306 | $11.9M | Reduce -3.0% |
| AAPL Apple Inc. | 4.13% | 56,849 | $9.7M | Reduce -0.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 3.99% | 22,410 | $9.4M | Add +0.2% |
| JPM JPMorgan Chase & Co. | 3.06% | 36,076 | $7.2M | Add +0.2% |
| MRK Merck & Co. Inc. | 2.69% | 48,187 | $6.4M | Reduce -0.5% |
| JNJ Johnson & Johnson | 2.67% | 39,885 | $6.3M | Add +1.8% |
| META Meta Platforms Inc. Class A | 1.93% | 9,387 | $4.6M | Reduce -0.4% |
| PFE Pfizer Inc. | 1.90% | 161,246 | $4.5M | Add +1.9% |
| PG The Procter & Gamble Co. | 1.79% | 26,033 | $4.2M | Add +0.5% |
| VZ Verizon Communications Inc. | 1.73% | 97,276 | $4.1M | Add +3.3% |
| V Visa Inc. Class A | 1.57% | 13,287 | $3.7M | Reduce -0.4% |
| CVS CVS Health Corp. | 1.50% | 44,258 | $3.5M | Add +0.4% |
| XOM Exxon Mobil Corp. | 1.30% | 26,319 | $3.1M | Add +3.5% |
| CVX Chevron Corp. | 1.20% | 17,993 | $2.8M | Add +3.1% |
| PEP Pepsico Inc. | 1.17% | 15,765 | $2.8M | Add +9.9% |
| T AT&T Inc. | 1.16% | 155,100 | $2.7M | Add +2.0% |
| GOOGL Alphabet Inc. Class A | 1.15% | 17,975 | $2.7M | Add +0.7% |
| INTC Intel Corp. | 1.09% | 58,347 | $2.6M | Add +0.7% |
| FDX FedEx Corp. | 1.08% | 8,809 | $2.6M | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.08% | 13,303 | $2.5M | Reduce -0.4% |
| ABBV Abbvie Inc. | 1.07% | 13,902 | $2.5M | Reduce -0.7% |
| AMZN Amazon.com Inc. | 1.01% | 13,268 | $2.4M | Add +7.6% |
| NFLX Netflix Inc. | 0.96% | 3,718 | $2.3M | Add +1.4% |
| CSCO Cisco Systems Inc. | 0.90% | 42,488 | $2.1M | Add +1.6% |
| GS Goldman Sachs Group Inc. | 0.90% | 5,069 | $2.1M | Reduce -0.1% |
| HD Home Depot Inc. | 0.82% | 5,038 | $1.9M | Add +0.4% |
| KO The Coca-Cola Co. | 0.78% | 29,947 | $1.8M | Add +1.5% |
| WPC WP Carey Inc. | 0.77% | 32,325 | $1.8M | Add +5.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.77% | 48,053 | $1.8M | Add +1.0% |
| UPS United Parcel Service Class B | 0.77% | 12,180 | $1.8M | Add +5.4% |
| AMGN Amgen Inc. | 0.77% | 6,365 | $1.8M | Reduce -0.2% |
| AXP American Express Co. | 0.74% | 7,658 | $1.7M | Reduce -0.5% |
| SPGI S&P Global Inc. | 0.73% | 4,028 | $1.7M | Add +0.6% |
| GILD Gilead Sciences Inc. | 0.71% | 22,862 | $1.7M | Add +4.6% |
| RSP Invesco S&P 500 Equal Weight | 0.69% | 9,549 | $1.6M | Add +27.8% |
| NVDA Nvidia Corp. | 0.68% | 1,774 | $1.6M | Reduce -14.7% |
| ABT Abbott Laboratories | 0.66% | 13,762 | $1.6M | Reduce -0.9% |
| ETN Eaton Corp. PLC | 0.65% | 4,932 | $1.5M | Reduce -0.5% |
| RTX RTX Corp. | 0.65% | 15,638 | $1.5M | Add +1.1% |
| INDB Independent Bank Corp. | 0.63% | 28,465 | $1.5M | No change |
| SHEL Shell PLC-ADR | 0.62% | 21,856 | $1.5M | Add +4.5% |
| KMI Kinder Morgan Inc. | 0.61% | 78,154 | $1.4M | Add +0.7% |
| BMY Bristol-Myers Squibb Co. | 0.58% | 25,442 | $1.4M | Add +15.0% |
| MA Mastercard Inc. Class A | 0.58% | 2,865 | $1.4M | Reduce -0.1% |
| GLD SPDR Gold Shares | 0.57% | 6,533 | $1.3M | Reduce -1.2% |
| MS Morgan Stanley | 0.57% | 14,174 | $1.3M | Add +4.5% |
| IVV iShares Core S&P 500 ETF | 0.56% | 2,520 | $1.3M | No change |
| BRK.A Berkshire Hathaway Inc. Class A | 0.54% | 2 | $1.3M | No change |
| LMT Lockheed Martin Corp. | 0.53% | 2,761 | $1.3M | Add +0.2% |
| QCOM Qualcomm Inc. | 0.52% | 7,274 | $1.2M | Reduce -0.6% |
| SYK Stryker Corp. | 0.51% | 3,383 | $1.2M | Reduce -1.2% |
| DUK Duke Energy Corp. | 0.51% | 12,352 | $1.2M | No change |
| WFC Wells Fargo & Co. | 0.51% | 20,571 | $1.2M | Add +0.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.50% | 2,270 | $1.2M | Add +11.4% |
| ED Consolidated Edison Inc. | 0.50% | 13,042 | $1.2M | Add +9.1% |
| UNP Union Pacific Corp. | 0.49% | 4,737 | $1.2M | Add +0.4% |
| GIS General Mills Inc. | 0.49% | 16,560 | $1.2M | Add +13.1% |
| PNW Pinnacle West Capital | 0.48% | 15,107 | $1.1M | Add +0.5% |
| TGT Target Corp. | 0.46% | 6,080 | $1.1M | Reduce -0.0% |
| ORCL Oracle Corp. | 0.45% | 8,436 | $1.1M | Add +1.8% |
| COST Costco Wholesale Corp. | 0.44% | 1,432 | $1.0M | No change |
| MMM 3M Co. | 0.44% | 9,841 | $1.0M | Add +2.0% |
| LLY Eli Lilly & Co. | 0.42% | 1,289 | $1.0M | No change |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.42% | 9,712 | $985K | Reduce -1.1% |
| PM Philip Morris International | 0.41% | 10,632 | $974K | No change |
| HON Honeywell International Inc. | 0.40% | 4,647 | $954K | Add +0.3% |
| C Citigroup Inc. | 0.40% | 14,939 | $945K | Add +4.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.40% | 7,678 | $939K | Add +0.3% |
| BX Blackstone Inc. | 0.39% | 7,082 | $930K | No change |
| DOW Dow Inc. | 0.39% | 15,773 | $914K | Add +1.1% |
| MO Altria Group Inc. | 0.39% | 20,863 | $910K | Reduce -0.1% |
| KMB Kimberly-Clark Corp. | 0.34% | 6,276 | $812K | Add +0.9% |
| CARR Carrier Global Corp. | 0.34% | 13,944 | $811K | Add +0.4% |
| NSC Norfolk Southern Corp. | 0.34% | 3,136 | $799K | Reduce -1.0% |
| TT Trane Technologies PLC | 0.34% | 2,638 | $792K | Add +0.6% |
| AVGO Broadcom Inc. | 0.33% | 596 | $790K | Add +0.5% |
| SBUX Starbucks Corp. | 0.33% | 8,585 | $785K | Reduce -0.1% |
| MCK McKesson Corp. | 0.33% | 1,444 | $775K | Add +0.1% |
| AVB Avalonbay Communities Inc. | 0.31% | 3,986 | $740K | Add +0.1% |
| SO The Southern Co. | 0.30% | 9,935 | $713K | No change |
| D Dominion Energy Inc. | 0.30% | 14,478 | $712K | Add +11.6% |
| WMT Walmart Inc. | 0.30% | 11,706 | $704K | No change |
| UL Unilever PLC | 0.29% | 13,562 | $681K | Add +3.9% |
| DE Deere & Co. | 0.29% | 1,654 | $679K | Add +2.0% |
| EMR Emerson Electric Co. | 0.28% | 5,827 | $661K | Reduce -0.2% |
| GE General Electric | 0.27% | 3,569 | $626K | Add +3.4% |
| NKE Nike Inc. Class B | 0.25% | 6,298 | $592K | Add +13.2% |
| DOX Amdocs Ltd. | 0.25% | 6,527 | $590K | Reduce -2.8% |
| PNC PNC Financial Services Group | 0.24% | 3,437 | $555K | Reduce -0.8% |
| QQQ Invesco QQQ Trust Series 1 | 0.23% | 1,230 | $546K | No change |
| PSX Phillips 66 | 0.23% | 3,325 | $543K | Reduce -0.4% |
| GSK GSK PLC-Spon ADR | 0.23% | 12,631 | $541K | Add +0.8% |
| PYPL PayPal Holdings Inc. | 0.23% | 7,958 | $533K | Add +2.1% |
| ITW Illinois Tool Works | 0.23% | 1,982 | $532K | Add +0.3% |
| CAT Caterpillar Inc. | 0.22% | 1,438 | $527K | Reduce -0.1% |
| DHR Danaher Corp. | 0.22% | 2,047 | $511K | Add +10.1% |
| COP Conocophillips | 0.21% | 3,941 | $502K | No change |
| TMO Thermo Fisher Scientific Inc. | 0.21% | 856 | $498K | Add +0.9% |
| DD Dupont DE Nemours Inc. | 0.21% | 6,431 | $493K | No change |
Other holdings (1): bonds, preferreds, convertibles and warrants · $260K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 218 | $260K | Reduce -0.5% |
Total filed on the 13F, all lines: $236.3M.
Portfolio Sells Q4 2023 → Q1 2024
| AAPL Apple Inc. | Reduce -0.4% | 4.13% | −1.04 |
| SPYV SS SPDR P S&P 500 Value ETF | Sold out | 0.00% | −0.12 |
| MSFT Microsoft Corp. | Reduce -3.0% | 5.05% | −0.11 |
| AMGN Amgen Inc. | Reduce -0.2% | 0.77% | −0.10 |
| VCIT Vanguard Int-Term Corporate | Sold out | 0.00% | −0.10 |
| VEA Vanguard Ftse Developed ETF | Reduce -42.4% | 0.11% | −0.09 |
| PARSONS CORP (PSN 0.25 08/15/25) | Sold out | 0.00% | −0.08 |
| V Visa Inc. Class A | Reduce -0.4% | 1.57% | −0.06 |
| TIP iShares Tips Bond ETF | Reduce -32.9% | 0.09% | −0.06 |
| ALTERYX INC (AYX 0.5 08/01/24) | Sold out | 0.00% | −0.06 |
| ABT Abbott Laboratories | Reduce -0.9% | 0.66% | −0.06 |
| SBUX Starbucks Corp. | Reduce -0.1% | 0.33% | −0.06 |
| WBD Warner Bros Discovery Inc. | Reduce -1.4% | 0.10% | −0.05 |
| ARES CAPITAL CORP (ARCC 4.625 03/01/24) | Sold out | 0.00% | −0.04 |
| WBA Walgreens Boots Alliance Inc. | Reduce -0.8% | 0.10% | −0.03 |
| VISHAY INTERTECHNOLOGY (VSH 2.25 06/15/25) | Reduce -82.3% | 0.01% | −0.03 |
| DOX Amdocs Ltd. | Reduce -2.8% | 0.25% | −0.03 |
| VIAVI SOLUTIONS INC (VIAV 1 03/01/24) | Sold out | 0.00% | −0.03 |
| GLD SPDR Gold Shares | Reduce -1.2% | 0.57% | −0.03 |
| GS Goldman Sachs Group Inc. | Reduce -0.1% | 0.90% | −0.02 |
| MO Altria Group Inc. | Reduce -0.1% | 0.39% | −0.02 |
| GUIDEWIRE SOFTWARE INC (GWRE 1.25 03/15/25) | Sold out | 0.00% | −0.02 |
| O Realty Income Corp. | Reduce -0.6% | 0.09% | −0.02 |
| PNC PNC Financial Services Group | Reduce -0.8% | 0.24% | −0.02 |
| USB US Bancorp | Reduce -0.1% | 0.19% | −0.02 |
| TJX TJX Companies Inc. | Reduce -1.1% | 0.42% | −0.02 |
| STPZ PIMCO 1-5 Year US Tips Index | Reduce -5.7% | 0.09% | −0.01 |
| RY Royal Bank of Canada | Reduce -0.1% | 0.12% | −0.01 |
| NSC Norfolk Southern Corp. | Reduce -1.0% | 0.34% | −0.01 |
| CNI Canadian Natl Railway Co. | Reduce -0.6% | 0.19% | −0.01 |
| MDT Medtronic PLC | Reduce -0.2% | 0.14% | −0.01 |
| INGR Ingredion Inc. | Reduce -3.1% | 0.09% | −0.01 |
| HLN Haleon PLC-ADR | Reduce -3.5% | 0.04% | −0.00 |
| VTRS Viatris Inc. | Reduce -0.5% | 0.06% | −0.00 |
| MET Metlife Inc. | Reduce -0.7% | 0.12% | +0.00 |
| MA Mastercard Inc. Class A | Reduce -0.1% | 0.58% | +0.01 |
| EMR Emerson Electric Co. | Reduce -0.2% | 0.28% | +0.01 |
| JBLU Jetblue Airways Corp. | Reduce -1.5% | 0.11% | +0.02 |
| PSX Phillips 66 | Reduce -0.4% | 0.23% | +0.02 |
| OGN Organon & Co. | Reduce -3.5% | 0.19% | +0.02 |
| CAT Caterpillar Inc. | Reduce -0.1% | 0.22% | +0.02 |
| QCOM Qualcomm Inc. | Reduce -0.6% | 0.52% | +0.02 |
| SYK Stryker Corp. | Reduce -1.2% | 0.51% | +0.03 |
| TGT Target Corp. | Reduce -0.0% | 0.46% | +0.05 |
| IBM Intl Business Machines Corp. | Reduce -0.4% | 1.08% | +0.05 |
| ABBV Abbvie Inc. | Reduce -0.7% | 1.07% | +0.05 |
| AXP American Express Co. | Reduce -0.5% | 0.74% | +0.06 |
| ETN Eaton Corp. PLC | Reduce -0.5% | 0.65% | +0.09 |
| NVDA Nvidia Corp. | Reduce -14.7% | 0.68% | +0.20 |
| MRK Merck & Co. Inc. | Reduce -0.5% | 2.69% | +0.21 |
Portfolio Buys Q4 2023 → Q1 2024
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.2% | 3.99% | +0.24 |
| JPM JPMorgan Chase & Co. | Add +0.2% | 3.06% | +0.18 |
| NEE Nextera Energy Inc. | New | 0.16% | +0.16 |
| AMZN Amazon.com Inc. | Add +7.6% | 1.01% | +0.13 |
| RSP Invesco S&P 500 Equal Weight | Add +27.8% | 0.69% | +0.13 |
| NFLX Netflix Inc. | Add +1.4% | 0.96% | +0.12 |
| MDY State Street SPDR S&P Midcap | New | 0.11% | +0.11 |
| XOM Exxon Mobil Corp. | Add +3.5% | 1.30% | +0.10 |
| WM Waste Management Inc. | New | 0.10% | +0.10 |
| VCSH Vanguard S/T Corp. Bond ETF | New | 0.09% | +0.09 |
| DEO Diageo PLC-Sponsored ADR | New | 0.09% | +0.09 |
| XYL Xylem Inc. | New | 0.09% | +0.09 |
| NOC Northrop Grumman Corp. | New | 0.09% | +0.09 |
| IR Ingersoll-Rand Inc. | New | 0.09% | +0.09 |
| DIS The Walt Disney Co. | Add +0.3% | 0.40% | +0.07 |
| VZ Verizon Communications Inc. | Add +3.3% | 1.73% | +0.06 |
| GE General Electric | Add +3.4% | 0.27% | +0.06 |
| C Citigroup Inc. | Add +4.4% | 0.40% | +0.05 |
| BMY Bristol-Myers Squibb Co. | Add +15.0% | 0.58% | +0.05 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +11.4% | 0.50% | +0.05 |
| GIS General Mills Inc. | Add +13.1% | 0.49% | +0.04 |
| ORCL Oracle Corp. | Add +1.8% | 0.45% | +0.04 |
| TT Trane Technologies PLC | Add +0.6% | 0.34% | +0.03 |
| RTX RTX Corp. | Add +1.1% | 0.65% | +0.03 |
| WFC Wells Fargo & Co. | Add +0.4% | 0.51% | +0.03 |
| CAG Conagra Brands Inc. | Add +27.0% | 0.15% | +0.02 |
| AVGO Broadcom Inc. | Add +0.5% | 0.33% | +0.02 |
| PEP Pepsico Inc. | Add +9.9% | 1.17% | +0.02 |
| IWM iShares Russell 2000 ETF | Add +22.3% | 0.15% | +0.02 |
| BAC Bank of America Corp. | Add +1.0% | 0.77% | +0.02 |
| CMI Cummins Inc. | Add +0.1% | 0.19% | +0.02 |
| GOOG Alphabet Inc. Class C | Add +14.2% | 0.16% | +0.02 |
| D Dominion Energy Inc. | Add +11.6% | 0.30% | +0.02 |
| DHR Danaher Corp. | Add +10.1% | 0.22% | +0.01 |
| MCK McKesson Corp. | Add +0.1% | 0.33% | +0.01 |
| GSK GSK PLC-Spon ADR | Add +0.8% | 0.23% | +0.01 |
| DG Dollar General Corp. | Add +2.0% | 0.13% | +0.01 |
| DOV Dover Corp. | Add +0.7% | 0.14% | +0.01 |
| PG The Procter & Gamble Co. | Add +0.5% | 1.79% | +0.00 |
| CL Colgate-Palmolive Co. | Add +1.5% | 0.10% | +0.00 |
| HD Home Depot Inc. | Add +0.4% | 0.82% | +0.00 |
| OTIS Otis Worldwide Corp. | Add +0.5% | 0.20% | +0.00 |
| PYPL PayPal Holdings Inc. | Add +2.1% | 0.23% | +0.00 |
| IXN iShares Global Tech ETF | Add +1.1% | 0.15% | 0.00 |
| AEP American Electric Power | Add +4.2% | 0.12% | −0.00 |
| TMO Thermo Fisher Scientific Inc. | Add +0.9% | 0.21% | −0.00 |
| MDLZ Mondelez International Inc. Class A | Add +13.8% | 0.17% | −0.00 |
| K Kellanova | Add +5.1% | 0.10% | −0.00 |
| PULS Pgim Ultra Short Bond ETF | Add +8.1% | 0.11% | −0.00 |
| CLX Clorox Company | Add +0.1% | 0.16% | −0.01 |
Notes & Other Activity Q4 2023 → Q1 2024
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Reduce -0.5% | 218 | $260K |
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 | 174 | $303.3M | CSL, AAPL, BRK.B, JPM, MSFT |
| Q1 2026 | 159 | $278.3M | CSL, AAPL, BRK.B, JPM, MSFT |
| Q4 2025 | 160 | $277.1M | CSL, AAPL, MSFT, BRK.B, JPM |
| Q3 2025 | 165 | $275.3M | CSL, AAPL, MSFT, BRK.B, JPM |
| Q2 2025 | 164 | $266.3M | CSL, MSFT, AAPL, BRK.B, JPM |
| Q1 2025 | 166 | $254.1M | CSL, AAPL, BRK.B, MSFT, JPM |
| Q4 2024 | 165 | $251.5M | CSL, AAPL, MSFT, BRK.B, JPM |
| Q3 2024 | 166 | $262.0M | CSL, AAPL, MSFT, BRK.B, JPM |
| Q2 2024 | 162 | $244.9M | CSL, MSFT, AAPL, BRK.B, JPM |
| Q1 2024 | 160 | $236.0M | CSL, MSFT, AAPL, BRK.B, JPM |