PARK CIRCLE Co

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 23, 2025), PARK CIRCLE Co reported 114 stock positions worth $116.7 million. Its top holding was Abbvie (ABBV) at 11.5% of the portfolio, followed by Travelers Cos (TRV, 10.3%) and Goldman Sachs (GS, 6.8%). Compared with Q1 2025, it opened 11 new positions, sold out of 4, added to 7 and reduced 2. The biggest buy was Pfizer (PFE, shares +374%) and the biggest sale an exit from M & T Bank (MTB).

Most Recent 13F
Q2 2026
Location
BALTIMORE, MD
CIK
0001546592
Portfolio Value
$116.7M (Q2 2025)
SEC Filing
0001104659-25-070002 ↗ filed Jul 23, 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 Q1 2025 Q2 2025: $116.7M $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 114 stocks · $116.7M
ABBV Abbvie Inc. 11.53% 72,495 $13.5M No change
TRV The Travelers Cos Inc. 10.28% 44,825 $12.0M No change
GS Goldman Sachs Group Inc. 6.82% 11,250 $8.0M No change
SBUX Starbucks Corp. 5.82% 74,050 $6.8M No change
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 5.74% 69,345 $6.7M Add +7.8%
VZ Verizon Communications Inc. 5.09% 137,205 $5.9M No change
MO Altria Group Inc. 4.32% 86,050 $5.0M No change
MC Moelis & Co. Class A 2.68% 50,176 $3.1M No change
ORI Old Republic Intl Corp. 2.60% 79,000 $3.0M No change
PM Philip Morris International 2.46% 15,745 $2.9M No change
ADT Adt Inc. 1.95% 267,946 $2.3M No change
AAPL Apple Inc. 1.92% 10,900 $2.2M No change
PBI Pitney Bowes Inc. 1.91% 204,185 $2.2M No change
NVDA Nvidia Corp. 1.90% 14,000 $2.2M No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.79% 7,100 $2.1M No change
PFE Pfizer Inc. 1.73% 83,500 $2.0M Add +374.4%
CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM 1.70% 28,000 $2.0M No change
SUN Sunoco LP 1.67% 36,350 $1.9M No change
CG The Carlyle Group Inc. 1.53% 34,765 $1.8M No change
TD Toronto-Dominion Bank 1.52% 24,200 $1.8M Reduce -18.8%
TU Telus Corp. 1.34% 97,078 $1.6M No change
TSLX Sixth Street Specialty Lendi 1.27% 62,000 $1.5M No change
XOM Exxon Mobil Corp. 1.24% 13,468 $1.5M No change
TFC Truist Financial Corp. 1.24% 33,530 $1.4M Add +60.2%
BX Blackstone Inc. 1.22% 9,500 $1.4M No change
PRU Prudential Financial Inc. 1.11% 12,040 $1.3M No change
MKC McCormick & Co.-Non VTG SHRS 1.09% 16,850 $1.3M No change
COLB Columbia Banking System Inc. 1.09% 54,400 $1.3M No change
VRTX Vertex Pharmaceuticals Inc. 1.05% 2,764 $1.2M No change
DOW Dow Inc. 0.90% 39,700 $1.1M Add +1.0%
CPT Camden Property Trust 0.90% 9,300 $1.0M No change
CGBD Carlyle Secured Lending Inc. 0.84% 71,225 $974K No change
HAS Hasbro Inc. 0.63% 10,000 $738K New
BXSL Blackstone Secured Lending F 0.63% 24,000 $738K No change
TTE Totalenergies SE -Spon ADR 0.53% 10,000 $614K No change
SPH Suburban Propane Partners LP 0.52% 33,000 $611K No change
ENB Enbridge Inc. 0.52% 13,400 $607K No change
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX 0.50% 10,500 $580K No change
BMY Bristol-Myers Squibb Co. 0.46% 11,700 $542K No change
LNC Lincoln National Corp. 0.43% 14,360 $497K No change
QYLD Global X Nasd 100 Cov Call 0.42% 29,500 $493K No change
LEG Leggett & Platt Inc. 0.42% 55,000 $491K New
UTZ Utz Brands Inc. 0.41% 37,750 $474K No change
DX Dynex Capital Inc. 0.40% 38,350 $469K No change
SJM The JM Smucker Co. filed as SMUCKER J M CO 0.39% 4,680 $460K No change
KMX Carmax Inc. 0.39% 6,750 $454K Add +350.0%
RITM Rithm Capital Corp. 0.39% 40,000 $452K No change
OBDC Blue Owl Capital Corp. 0.38% 31,006 $445K No change
ARCC Ares Capital Corp. 0.38% 20,000 $439K No change
CPB The Campbell's Company 0.34% 12,790 $392K No change
JPM JPMorgan Chase & Co. 0.32% 1,300 $377K No change
NLY Annaly Capital Management Inc. 0.32% 20,000 $376K New
NWBI Northwest Bancshares Inc. 0.28% 25,850 $330K No change
KSS Kohls Corp. 0.27% 37,000 $314K No change
AVGO Broadcom Inc. 0.24% 1,000 $276K No change
GEHC GE Healthcare Technology 0.19% 2,916 $216K No change
QCOM Qualcomm Inc. 0.14% 1,000 $159K No change
TFSL TFS Financial Corp. 0.11% 9,905 $128K No change
ETSY Etsy Inc. 0.11% 2,500 $125K No change
MS Morgan Stanley 0.10% 800 $113K No change
BRK.B Berkshire Hathaway Inc. Class B 0.09% 212 $103K No change
NKE Nike Inc. Class B 0.09% 1,400 $99K Add +16.7%
LYG Lloyds Banking Group PLC-ADR 0.07% 20,000 $85K No change
RBLX Roblox Corp. Class A 0.07% 800 $84K No change
CRWD CrowdStrike Holdings Inc. Class A 0.07% 150 $76K No change
SHOP Shopify Inc. Class A 0.06% 650 $75K No change
CVS CVS Health Corp. 0.06% 1,000 $69K No change
PLTR Palantir Technologies Inc. Class A 0.06% 500 $68K No change
SKM SK Telecom Co. Ltd.-Spon ADR 0.06% 2,800 $65K No change
PG The Procter & Gamble Co. 0.05% 400 $64K No change
GEV GE Vernova Inc. 0.05% 120 $63K No change
ACN Accenture PLC Class A 0.05% 200 $60K No change
LDOS Leidos Holdings Inc. 0.05% 350 $55K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.04% 1,000 $47K No change
LMT Lockheed Martin Corp. 0.04% 100 $46K No change
CUZ Cousins Properties Inc. 0.04% 1,500 $45K No change
BTI British American Tob-SP ADR 0.03% 800 $38K No change
SEAGATE TECHNOLOGY PLC 0.03% 250 $36K No change
ASML ASML Holding NV-NY Reg SHS 0.03% 45 $36K Add +80.0%
CITIGROUP INC 0.03% 418 $36K Reduce -95.0%
SPRY Ars Pharmaceuticals Inc. 0.03% 2,000 $35K No change
MRK Merck & Co. Inc. 0.03% 400 $32K 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. 0.03% 100 $29K No change
AMD Advanced Micro Devices 0.02% 200 $28K No change
SNAP Snap Inc. Class A 0.02% 2,800 $24K No change
DUK Duke Energy Corp. 0.02% 200 $24K No change
SG Sweetgreen Inc. Class A 0.02% 1,500 $22K New
SWK Stanley Black & Decker Inc. 0.02% 300 $20K New
INTC Intel Corp. 0.02% 900 $20K No change
PYPL PayPal Holdings Inc. 0.02% 250 $19K No change
APP AppLovin Corp. Class A 0.01% 50 $18K New
HBAN Huntington Bancshares Inc. 0.01% 1,000 $17K No change
HPE Hewlett Packard Enterprise 0.01% 800 $16K No change
OPLN Openlane Inc. 0.01% 650 $16K New
LW Lamb Weston Holdings Inc. 0.01% 300 $16K New
FOXA Fox Corp. Class A 0.01% 300 $15K No change
RDDT Reddit Inc. Class A 0.01% 100 $15K New
CRM Salesforce Inc. 0.01% 54 $15K No change
GNRC Generac Holdings Inc. 0.01% 100 $14K No change
NEE Nextera Energy Inc. 0.01% 200 $14K No change
BBY Best Buy Co. Inc. 0.01% 200 $13K New
PARAA Paramount Global Class B 0.01% 996 $13K No change
HPQ HP Inc. 0.01% 500 $12K No change
EXAS Exact Sciences Corp. 0.01% 200 $11K No change
HLN Haleon PLC-ADR 0.01% 1,000 $10K No change
RH RH 0.01% 50 $9K New
IP International Paper Co. 0.01% 200 $9K No change
AQST Aquestive Therapeutics Inc. 0.00% 1,500 $5K No change
QRVO Qorvo Inc. 0.00% 50 $4K No change
ANIX Anixa Biosciences Inc. 0.00% 500 $2K No change
DESKTOP METAL INC 0.00% 200 $992 No change
SLVM Sylvamo Corp. 0.00% 18 $902 No change

Options reported separately and not counted above: NVIDIA CORPORATION puts ($1.1M), PALANTIR TECHNOLOGIES INC puts ($95K).

Portfolio Sells Q1 2025 → Q2 2025
MTB M & T Bank Corp. Sold out 0.00% −0.53
CITIGROUP INC Reduce -95.0% 0.03% −0.50
KEY Keycorp Sold out 0.00% −0.13
TD Toronto-Dominion Bank Reduce -18.8% 1.52% −0.07
OGN Organon & Co. Sold out 0.00% −0.05
FRSH Freshworks Inc. Class A Sold out 0.00% −0.01

Portfolio Buys Q1 2025 → Q2 2025
PFE Pfizer Inc. Add +374.4% 1.73% +1.34
HAS Hasbro Inc. New 0.63% +0.63
TROW T Rowe Price Group Inc. Add +7.8% 5.74% +0.47
TFC Truist Financial Corp. Add +60.2% 1.24% +0.47
LEG Leggett & Platt Inc. New 0.42% +0.42
NLY Annaly Capital Management Inc. New 0.32% +0.32
KMX Carmax Inc. Add +350.0% 0.39% +0.28
SG Sweetgreen Inc. Class A New 0.02% +0.02
NKE Nike Inc. Class B Add +16.7% 0.09% +0.02
SWK Stanley Black & Decker Inc. New 0.02% +0.02
ASML ASML Holding NV-NY Reg SHS Add +80.0% 0.03% +0.02
APP AppLovin Corp. Class A New 0.01% +0.01
OPLN Openlane Inc. New 0.01% +0.01
LW Lamb Weston Holdings Inc. New 0.01% +0.01
RDDT Reddit Inc. Class A New 0.01% +0.01
BBY Best Buy Co. Inc. New 0.01% +0.01
RH RH New 0.01% +0.01
DOW Dow Inc. Add +1.0% 0.90% −0.32

Options Activity Q1 2025 → Q2 2025
NVIDIA CORPORATION call Sold out 3,600 $390Kbefore exit
KOHLS CORP call Sold out 37,000 $303Kbefore exit

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