PARK CIRCLE Co

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 9, 2025), PARK CIRCLE Co reported 107 stock positions worth $112.3 million. Its top holding was Abbvie (ABBV) at 13.5% of the portfolio, followed by Travelers Cos (TRV, 10.6%) and Starbucks (SBUX, 6.5%). Compared with Q4 2024, it opened 6 new positions, sold out of 4, added to 6 and reduced 5. The biggest buy was a new position in Lincoln National (LNC) and the biggest sale Intl Business Machines (IBM, shares −50%).

Most Recent 13F
Q2 2026
Location
BALTIMORE, MD
CIK
0001546592
Portfolio Value
$112.3M (Q1 2025)
SEC Filing
0001104659-25-046787 ↗ filed May 9, 2025

Holdings Value

0$50.0M$100.0M$150.0M Q1 2024: $107.2M Q1 2024 Q2 2024: $101.4M Q2 2024 Q3 2024: $112.2M Q3 2024 Q4 2024: $110.0M Q4 2024 Q1 2025: $112.3M $112.3M Q1 2025 Q2 2025: $116.7M Q2 2025 Q3 2025: $115.2M Q3 2025 Q4 2025: $110.9M Q4 2025 Q1 2026: $105.3M Q1 2026 Q2 2026: $113.4M Q2 2026

Holdings 107 stocks · $112.3M
ABBV Abbvie Inc. 13.53% 72,495 $15.2M No change
TRV The Travelers Cos Inc. 10.56% 44,825 $11.9M No change
SBUX Starbucks Corp. 6.47% 74,050 $7.3M Reduce -12.1%
VZ Verizon Communications Inc. 5.54% 137,205 $6.2M No change
GS Goldman Sachs Group Inc. 5.47% 11,250 $6.1M No change
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 5.27% 64,345 $5.9M Add +20.2%
MO Altria Group Inc. 4.60% 86,050 $5.2M No change
ORI Old Republic Intl Corp. 2.76% 79,000 $3.1M No change
MC Moelis & Co. Class A 2.61% 50,176 $2.9M No change
PM Philip Morris International 2.23% 15,745 $2.5M No change
AAPL Apple Inc. 2.16% 10,900 $2.4M No change
ADT Adt Inc. 1.94% 267,946 $2.2M No change
SUN Sunoco LP 1.88% 36,350 $2.1M No change
PBI Pitney Bowes Inc. 1.65% 204,185 $1.8M Add +10.4%
TD Toronto-Dominion Bank 1.59% 29,800 $1.8M No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.57% 7,100 $1.8M Reduce -50.0%
XOM Exxon Mobil Corp. 1.43% 13,468 $1.6M No change
CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM 1.40% 28,000 $1.6M No change
NVDA Nvidia Corp. 1.35% 14,000 $1.5M No change
CG The Carlyle Group Inc. 1.35% 34,765 $1.5M No change
TU Telus Corp. 1.24% 97,078 $1.4M No change
TSLX Sixth Street Specialty Lendi 1.24% 62,000 $1.4M No change
MKC McCormick & Co.-Non VTG SHRS 1.24% 16,850 $1.4M No change
DOW Dow Inc. 1.22% 39,300 $1.4M No change
COLB Columbia Banking System Inc. 1.21% 54,400 $1.4M No change
PRU Prudential Financial Inc. 1.20% 12,040 $1.3M No change
VRTX Vertex Pharmaceuticals Inc. 1.19% 2,764 $1.3M No change
BX Blackstone Inc. 1.18% 9,500 $1.3M No change
CGBD Carlyle Secured Lending Inc. 1.03% 71,225 $1.2M No change
CPT Camden Property Trust 1.01% 9,300 $1.1M No change
TFC Truist Financial Corp. 0.77% 20,930 $861K No change
BXSL Blackstone Secured Lending F 0.69% 24,000 $777K No change
BMY Bristol-Myers Squibb Co. 0.64% 11,700 $714K No change
SPH Suburban Propane Partners LP 0.62% 33,000 $693K No change
TTE Totalenergies SE -Spon ADR 0.58% 10,000 $647K No change
CITIGROUP INC 0.53% 8,418 $598K No change
MTB M & T Bank Corp. filed as M & T BK CORP 0.53% 3,341 $597K Reduce -63.9%
ENB Enbridge Inc. 0.53% 13,400 $594K No change
SJM The JM Smucker Co. filed as SMUCKER J M CO 0.49% 4,680 $554K No change
UTZ Utz Brands Inc. 0.47% 37,750 $532K No change
LNC Lincoln National Corp. 0.46% 14,360 $516K New
CPB The Campbell's Company 0.45% 12,790 $511K No change
DX Dynex Capital Inc. 0.44% 38,350 $499K No change
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX 0.44% 10,500 $498K New
QYLD Global X Nasd 100 Cov Call 0.44% 29,500 $491K New
RITM Rithm Capital Corp. 0.41% 40,000 $458K No change
OBDC Blue Owl Capital Corp. 0.40% 31,006 $455K Add +60.9%
PFE Pfizer Inc. 0.40% 17,600 $446K No change
ARCC Ares Capital Corp. 0.39% 20,000 $443K No change
JPM JPMorgan Chase & Co. 0.28% 1,300 $319K No change
NWBI Northwest Bancshares Inc. 0.28% 25,850 $311K No change
KSS Kohls Corp. 0.27% 37,000 $303K Reduce -50.7%
GEHC GE Healthcare Technology 0.21% 2,916 $235K No change
AVGO Broadcom Inc. 0.15% 1,000 $167K No change
QCOM Qualcomm Inc. 0.14% 1,000 $154K No change
KEY Keycorp 0.13% 9,350 $150K No change
TFSL TFS Financial Corp. 0.11% 9,905 $123K No change
ETSY Etsy Inc. 0.11% 2,500 $118K No change
KMX Carmax Inc. 0.10% 1,500 $117K No change
BRK.B Berkshire Hathaway Inc. Class B 0.10% 212 $113K No change
MS Morgan Stanley 0.08% 800 $93K No change
LYG Lloyds Banking Group PLC-ADR 0.07% 20,000 $76K No change
NKE Nike Inc. Class B 0.07% 1,200 $76K Add +50.0%
PG The Procter & Gamble Co. 0.06% 400 $68K No change
CVS CVS Health Corp. 0.06% 1,000 $68K No change
ACN Accenture PLC Class A 0.06% 200 $62K No change
SHOP Shopify Inc. Class A 0.06% 650 $62K No change
OGN Organon & Co. 0.05% 4,000 $60K Add +640.7%
SKM SK Telecom Co. Ltd.-Spon ADR 0.05% 2,800 $60K No change
CRWD CrowdStrike Holdings Inc. Class A 0.05% 150 $53K No change
LDOS Leidos Holdings Inc. 0.04% 350 $47K No change
RBLX Roblox Corp. Class A 0.04% 800 $47K No change
LMT Lockheed Martin Corp. 0.04% 100 $45K No change
CUZ Cousins Properties Inc. 0.04% 1,500 $44K No change
PLTR Palantir Technologies Inc. Class A 0.04% 500 $42K Reduce -28.6%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.04% 1,000 $42K No change
GEV GE Vernova Inc. 0.03% 120 $37K No change
MRK Merck & Co. Inc. 0.03% 400 $36K No change
BTI British American Tob-SP ADR 0.03% 800 $33K No change
GSK GSK PLC filed as GLAXOSMITHKLINE PLC 0.03% 800 $31K No change
KMI Kinder Morgan Inc. 0.03% 1,000 $29K No change
GD General Dynamics Corp. 0.02% 100 $27K No change
SPRY Ars Pharmaceuticals Inc. 0.02% 2,000 $25K No change
DUK Duke Energy Corp. 0.02% 200 $24K No change
SNAP Snap Inc. Class A 0.02% 2,800 $24K Add +115.4%
SEAGATE TECHNOLOGY PLC 0.02% 250 $21K No change
AMD Advanced Micro Devices 0.02% 200 $21K New
INTC Intel Corp. 0.02% 900 $20K No change
ASML ASML Holding NV-NY Reg SHS 0.01% 25 $17K New
PYPL PayPal Holdings Inc. 0.01% 250 $16K No change
FOXA Fox Corp. Class A 0.01% 300 $16K No change
HBAN Huntington Bancshares Inc. 0.01% 1,000 $15K No change
CRM Salesforce Inc. 0.01% 54 $14K No change
NEE Nextera Energy Inc. 0.01% 200 $14K No change
FRSH Freshworks Inc. Class A 0.01% 1,000 $14K New
HPQ HP Inc. 0.01% 500 $14K No change
GNRC Generac Holdings Inc. 0.01% 100 $13K No change
HPE Hewlett Packard Enterprise 0.01% 800 $12K No change
PARAA Paramount Global Class B 0.01% 996 $12K No change
IP International Paper Co. 0.01% 200 $11K No change

Show all 107 holdings

Options reported separately and not counted above: NVIDIA CORPORATION puts ($759K), NVIDIA CORPORATION calls ($390K), KOHLS CORP calls ($303K), PALANTIR TECHNOLOGIES INC puts ($59K).

Portfolio Sells Q4 2024 → Q1 2025
IBM Intl Business Machines Corp. Reduce -50.0% 1.57% −1.26
MTB M & T Bank Corp. Reduce -63.9% 0.53% −1.05
KSS Kohls Corp. Reduce -50.7% 0.27% −0.69
SBUX Starbucks Corp. Reduce -12.1% 6.47% −0.52
SRPT Sarepta Therapeutics Inc. Sold out 0.00% −0.20
OBDE Blue Owl Capital Corp. III Sold out 0.00% −0.16
EL Estee Lauder Companies Class A Sold out 0.00% −0.02
FLNC Fluence Energy Inc. Sold out 0.00% −0.02
PLTR Palantir Technologies Inc. Class A Reduce -28.6% 0.04% −0.01

Portfolio Buys Q4 2024 → Q1 2025
LNC Lincoln National Corp. New 0.46% +0.46
BNS Bank of Nova Scotia New 0.44% +0.44
QYLD Global X Nasd 100 Cov Call New 0.44% +0.44
PBI Pitney Bowes Inc. Add +10.4% 1.65% +0.43
OBDC Blue Owl Capital Corp. Add +60.9% 0.40% +0.14
OGN Organon & Co. Add +640.7% 0.05% +0.05
AMD Advanced Micro Devices New 0.02% +0.02
ASML ASML Holding NV-NY Reg SHS New 0.01% +0.01
NKE Nike Inc. Class B Add +50.0% 0.07% +0.01
FRSH Freshworks Inc. Class A New 0.01% +0.01
SNAP Snap Inc. Class A Add +115.4% 0.02% +0.01
TROW T Rowe Price Group Inc. Add +20.2% 5.27% −0.24

Options Activity Q4 2024 → Q1 2025
NVIDIA CORPORATION put Reduce -35.2% 7,000 $759K
NVIDIA CORPORATION call Reduce -28.0% 3,600 $390K
KOHLS CORP call New 37,000 $303K

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 49$113.4MABBV, TRV, GS, VZ, SBUX
Q1 2026 49$105.3MABBV, TRV, VZ, GS, SBUX
Q4 2025 49$110.9MABBV, TRV, GS, VZ, SBUX
Q3 2025 67$115.2MABBV, TRV, GS, VZ, SBUX
Q2 2025 114$116.7MABBV, TRV, GS, SBUX, TROW
Q1 2025 107$112.3MABBV, TRV, SBUX, VZ, GS
Q4 2024 105$110.0MABBV, TRV, SBUX, GS, TROW
Q3 2024 105$112.2MABBV, TRV, SBUX, VZ, TROW
Q2 2024 108$101.4MABBV, TRV, SBUX, TROW, VZ
Q1 2024 101$107.2MABBV, SBUX, TRV, TROW, VZ