Sippican Capital Advisors

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 22, 2026), Sippican Capital Advisors reported 111 stock positions worth $163.9 million. Its top holding was Bancorp (TBBK) at 5.6% of the portfolio, followed by General Electric (GE, 3.4%) and Triumph Financial (TFIN, 3.3%). Compared with Q1 2026, it opened 7 new positions, sold out of 3, added to 20 and reduced 44. The biggest buy was Intl Business Machines (IBM, shares +768%) and the biggest sale an exit from Coterra Energy (CTRA).

Most Recent 13F
Q2 2026
Location
BOSTON, MA
CIK
0001557406
Portfolio Value
$163.9M (Q2 2026)
SEC Filing
0001398344-26-012476 ↗ filed Jul 22, 2026

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q1 2024: $128.6M Q1 2024 Q2 2024: $126.4M Q2 2024 Q3 2024: $143.3M Q3 2024 Q4 2024: $137.3M Q4 2024 Q1 2025: $132.7M Q1 2025 Q2 2025: $137.7M Q2 2025 Q3 2025: $151.3M Q3 2025 Q4 2025: $155.6M Q4 2025 Q1 2026: $146.1M Q1 2026 Q2 2026: $163.9M $163.9M Q2 2026

Holdings 111 stocks · $163.9M
TBBK The Bancorp Inc. 5.58% 146,021 $9.1M Reduce -1.5%
GE General Electric filed as GE AEROSPACE 3.37% 14,782 $5.5M Reduce -1.1%
TFIN Triumph Financial Inc. 3.27% 70,198 $5.4M Reduce -0.3%
GOOG Alphabet Inc. Class C 2.26% 10,475 $3.7M Add +0.5%
BMY Bristol-Myers Squibb Co. 2.13% 60,689 $3.5M No change
ALRS Alerus Financial Corp. 2.12% 111,891 $3.5M Reduce -1.1%
NVR NVR Inc. 2.03% 488 $3.3M No change
LLY Eli Lilly & Co. 2.03% 2,769 $3.3M Reduce -1.9%
COLB Columbia Banking System Inc. 2.02% 103,527 $3.3M Reduce -2.1%
ABBV Abbvie Inc. 1.99% 12,947 $3.3M Reduce -0.6%
CUBI Customers Bancorp Inc. 1.92% 39,754 $3.1M No change
XOM Exxon Mobil Corp. 1.92% 22,987 $3.1M Reduce -6.6%
EGBN Eagle Bancorp Inc. 1.91% 110,517 $3.1M Add +2.8%
MMM 3M Co. 1.84% 18,652 $3.0M Reduce -0.2%
FXAIX Fidelity 500 Index Fund 1.75% 10,959 $2.9M Add +4.3%
MRK Merck & Co. Inc. 1.73% 22,030 $2.8M No change
AMZN Amazon.com Inc. 1.72% 11,826 $2.8M Add +12.3%
CVX Chevron Corp. 1.72% 16,988 $2.8M Reduce -4.1%
GT Goodyear Tire & Rubber Co. 1.70% 421,755 $2.8M Add +25.6%
ORCL Oracle Corp. 1.68% 18,842 $2.8M Add +10.1%
MCB Metropolitan Bank Holding Co. 1.67% 27,676 $2.7M Reduce -0.5%
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 1.59% 20,602 $2.6M Reduce -9.3%
FLG Flagstar Bank NA 1.58% 173,565 $2.6M Add +3.5%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.55% 9,023 $2.5M Add +768.4%
BANC Banc of California Inc. 1.51% 121,370 $2.5M Reduce -0.0%
PFE Pfizer Inc. 1.50% 102,177 $2.5M Add +3.0%
CAT Caterpillar Inc. 1.43% 2,200 $2.3M No change
RTX RTX Corp. 1.41% 12,215 $2.3M No change
IREN Iren Ltd. filed as IREN LIMITED 1.37% 48,945 $2.2M Reduce -0.2%
BRK.B Berkshire Hathaway Inc. Class B 1.35% 4,410 $2.2M Reduce -0.5%
JPM JPMorgan Chase & Co. 1.24% 6,230 $2.0M Reduce -0.2%
BWB Bridgewater Bancshares Inc. 1.24% 96,685 $2.0M No change
OMF Onemain Holdings Inc. 1.22% 32,856 $2.0M Add +0.2%
GEV GE Vernova Inc. 1.19% 1,654 $1.9M Reduce -7.8%
WULF Terawulf Inc. 1.14% 75,345 $1.9M Reduce -4.8%
VFC VF Corp. 1.11% 108,675 $1.8M Add +1.9%
CASH Pathward Financial Inc. 1.07% 20,135 $1.8M Reduce -0.3%
AAPL Apple Inc. 1.06% 6,008 $1.7M No change
LEN Lennar Corp. Class A 1.04% 18,802 $1.7M Add +12.9%
CIFR Cipher Digital Inc. 1.03% 69,200 $1.7M Reduce -2.0%
MTH Meritage Homes Corp. 0.99% 19,344 $1.6M Add +138.6%
MYFW First Western Financial Inc. 0.91% 46,475 $1.5M No change
FANG Diamondback Energy Inc. 0.91% 8,453 $1.5M Reduce -18.6%
KMI Kinder Morgan Inc. 0.90% 46,269 $1.5M Reduce -2.6%
QCRH QCR Holdings Inc. filed as QCR HLDGS INC 0.89% 14,955 $1.5M No change
LMT Lockheed Martin Corp. 0.88% 2,837 $1.4M No change
EOG EOG Resources Inc. 0.88% 11,080 $1.4M Reduce -16.8%
DVN Devon Energy Corp. 0.87% 34,703 $1.4M New
DE Deere & Co. 0.86% 2,230 $1.4M No change
PRUFX T Rowe PR Growth Stock-I 0.80% 11,715 $1.3M Reduce -2.5%
C Citigroup Inc. 0.79% 9,215 $1.3M Reduce -15.1%
SYBT Stock Yards Bancorp Inc. 0.73% 15,639 $1.2M Reduce -1.4%
CB Chubb Ltd. 0.72% 3,450 $1.2M No change
MS Morgan Stanley 0.71% 5,593 $1.2M No change
MVBF MVB Financial Corp. 0.71% 39,918 $1.2M No change
GD General Dynamics Corp. 0.64% 2,967 $1.1M No change
ENB Enbridge Inc. 0.58% 17,676 $958K Reduce -0.1%
EBC Eastern Bankshares Inc. 0.57% 41,806 $930K No change
NFLX Netflix Inc. 0.56% 12,929 $923K New
WSFS WSFS Financial Corp. 0.52% 11,089 $851K No change
BX Blackstone Inc. 0.52% 7,226 $850K Add +0.0%
BAC Bank of America Corp. 0.51% 14,560 $830K Reduce -7.8%
BLDR Builders Firstsource Inc. 0.49% 8,965 $802K New
EPD Enterprise Products Partners 0.47% 20,860 $767K No change
DKNG Draftkings Inc. Class A 0.46% 30,149 $762K Reduce -0.3%
PAA Plains All Amer Pipeline LP 0.44% 32,750 $729K Reduce -0.1%
BANR Banner Corporation 0.43% 10,640 $707K Reduce -11.0%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.42% 7,096 $683K Add +4.1%
AXP American Express Co. 0.42% 2,014 $681K No change
JNJ Johnson & Johnson 0.40% 2,604 $661K No change
BA The Boeing Co. 0.39% 2,939 $636K No change
CL Colgate-Palmolive Co. 0.37% 6,697 $614K No change
PEP Pepsico Inc. 0.37% 4,494 $608K No change
WFC Wells Fargo & Co. 0.35% 7,020 $580K Reduce -2.0%
NIC Nicolet Bankshares Inc. 0.35% 3,502 $579K Reduce -6.0%
V Visa Inc. Class A 0.33% 1,580 $542K No change
SBLK Star Bulk Carriers Corp. 0.33% 21,627 $540K Reduce -0.2%
MGM MGM Resorts International 0.33% 11,235 $537K Reduce -29.9%
HD Home Depot Inc. 0.31% 1,450 $511K No change
SM SM Energy Co. 0.30% 18,735 $489K Reduce -9.8%
MSFT Microsoft Corp. 0.28% 1,215 $453K Add +19.4%
BF.B Brown-Forman Corp. Class B 0.27% 16,895 $450K Add +0.9%
KO The Coca-Cola Co. 0.27% 5,373 $437K No change
OKE Oneok Inc. 0.25% 4,653 $405K Add +1.3%
GOOGL Alphabet Inc. Class A 0.24% 1,110 $397K No change
VFIAX Vanguard 500 Index-Adm 0.24% 557 $386K Add +0.2%
CF CF Industries Holdings Inc. 0.23% 3,460 $375K Reduce -47.5%
TRV The Travelers Cos Inc. 0.22% 1,100 $363K Reduce -2.2%
CINF Cincinnati Financial Corp. 0.21% 1,900 $352K No change
ZION Zions Bancorp NA 0.21% 5,050 $349K No change
HSY The Hershey Co. 0.20% 1,850 $325K No change
UNP Union Pacific Corp. 0.19% 1,174 $319K No change
ABT Abbott Laboratories 0.19% 3,425 $311K No change
BF.A Brown-Forman Corp. Class A 0.19% 11,292 $309K No change
RSP Invesco S&P 500 Equal Weight 0.18% 1,391 $296K Add +6.7%
USB US Bancorp 0.18% 4,857 $293K No change
EQBK Equity Bancshares Inc. Class A 0.18% 5,865 $287K Reduce -77.9%
TTE Totalenergies SE 0.17% 3,648 $284K No change
TMHC Taylor Morrison Home Corp. 0.15% 3,500 $251K No change
ITW Illinois Tool Works 0.15% 925 $250K No change

Show all 111 holdings

Portfolio Sells Q1 2026 → Q2 2026
CTRA Coterra Energy Inc. Sold out 0.00% −1.30
XOM Exxon Mobil Corp. Reduce -6.6% 1.92% −0.94
CVX Chevron Corp. Reduce -4.1% 1.72% −0.79
EQBK Equity Bancshares Inc. Class A Reduce -77.9% 0.18% −0.63
FANG Diamondback Energy Inc. Reduce -18.6% 0.91% −0.50
EOG EOG Resources Inc. Reduce -16.8% 0.88% −0.44
WAL Western Alliance Bancorp Reduce -72.9% 0.15% −0.38
CF CF Industries Holdings Inc. Reduce -47.5% 0.23% −0.36
KMI Kinder Morgan Inc. Reduce -2.6% 0.90% −0.19
CASH Pathward Financial Inc. Reduce -0.3% 1.07% −0.16
HON Honeywell International Inc. Sold out 0.00% −0.15
SM SM Energy Co. Reduce -9.8% 0.30% −0.14
BRK.B Berkshire Hathaway Inc. Class B Reduce -0.5% 1.35% −0.11
COP Conocophillips Reduce -17.6% 0.13% −0.09
MGM MGM Resorts International Reduce -29.9% 0.33% −0.08
ENB Enbridge Inc. Reduce -0.1% 0.58% −0.07
BANR Banner Corporation Reduce -11.0% 0.43% −0.07
PAA Plains All Amer Pipeline LP Reduce -0.1% 0.44% −0.06
C Citigroup Inc. Reduce -15.1% 0.79% −0.06
MRP Millrose Properties Reduce -19.8% 0.12% −0.04
WFC Wells Fargo & Co. Reduce -2.0% 0.35% −0.04
NIC Nicolet Bankshares Inc. Reduce -6.0% 0.35% −0.03
PG The Procter & Gamble Co. Reduce -6.4% 0.13% −0.02
BAC Bank of America Corp. Reduce -7.8% 0.51% −0.02
MMM 3M Co. Reduce -0.2% 1.84% −0.01
JPM JPMorgan Chase & Co. Reduce -0.2% 1.24% −0.01
SBLK Star Bulk Carriers Corp. Reduce -0.2% 0.33% −0.01
TRV The Travelers Cos Inc. Reduce -2.2% 0.22% −0.00
ERNEXA THERAPEUTICS INC Sold out 0.00% −0.00
IRM Iron Mountain Inc. Reduce -9.3% 1.59% −0.00
SYBT Stock Yards Bancorp Inc. Reduce -1.4% 0.73% +0.01
PRUFX T Rowe PR Growth Stock-I Reduce -2.5% 0.80% +0.01
DKNG Draftkings Inc. Class A Reduce -0.3% 0.46% +0.02
CLSK Cleanspark Inc. Reduce -7.8% 0.09% +0.03
COLB Columbia Banking System Inc. Reduce -2.1% 2.02% +0.04
ABBV Abbvie Inc. Reduce -0.6% 1.99% +0.05
BANC Banc of California Inc. Reduce -0.0% 1.51% +0.05
MCB Metropolitan Bank Holding Co. Reduce -0.5% 1.67% +0.08
GEV GE Vernova Inc. Reduce -7.8% 1.19% +0.11
TBBK The Bancorp Inc. Reduce -1.5% 5.58% +0.13
IREN Iren Ltd. Reduce -0.2% 1.37% +0.21
LLY Eli Lilly & Co. Reduce -1.9% 2.03% +0.25
ALRS Alerus Financial Corp. Reduce -1.1% 2.12% +0.29
WULF Terawulf Inc. Reduce -4.8% 1.14% +0.35
TFIN Triumph Financial Inc. Reduce -0.3% 3.27% +0.39
CIFR Cipher Digital Inc. Reduce -2.0% 1.03% +0.41
GE General Electric Reduce -1.1% 3.37% +0.47

Portfolio Buys Q1 2026 → Q2 2026
IBM Intl Business Machines Corp. Add +768.4% 1.55% +1.38
DVN Devon Energy Corp. New 0.87% +0.87
MTH Meritage Homes Corp. Add +138.6% 0.99% +0.65
NFLX Netflix Inc. New 0.56% +0.56
BLDR Builders Firstsource Inc. New 0.49% +0.49
AMZN Amazon.com Inc. Add +12.3% 1.72% +0.22
GOOG Alphabet Inc. Class C Add +0.5% 2.26% +0.21
GT Goodyear Tire & Rubber Co. Add +25.6% 1.70% +0.17
CSX CSX Corp. New 0.13% +0.13
ACA Arcosa Inc. New 0.12% +0.12
VMC Vulcan Materials Co. New 0.12% +0.12
PNFP Pinnacle Financial Partners New 0.12% +0.12
FXAIX Fidelity 500 Index Fund Add +4.3% 1.75% +0.11
EGBN Eagle Bancorp Inc. Add +2.8% 1.91% +0.08
FLG Flagstar Bank NA Add +3.5% 1.58% +0.07
LEN Lennar Corp. Class A Add +12.9% 1.04% +0.05
OMF Onemain Holdings Inc. Add +0.2% 1.22% +0.02
MSFT Microsoft Corp. Add +19.4% 0.28% +0.02
RSP Invesco S&P 500 Equal Weight Add +6.7% 0.18% +0.01
VFIAX Vanguard 500 Index-Adm Add +0.2% 0.24% +0.01
BF.B Brown-Forman Corp. Class B Add +0.9% 0.27% −0.03
DIS The Walt Disney Co. Add +4.1% 0.42% −0.03
OKE Oneok Inc. Add +1.3% 0.25% −0.04
ORCL Oracle Corp. Add +10.1% 1.68% −0.04
BX Blackstone Inc. Add +0.0% 0.52% −0.05
VFC VF Corp. Add +1.9% 1.11% −0.13
PFE Pfizer Inc. Add +3.0% 1.50% −0.41

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 111$163.9MTBBK, GE, TFIN, GOOG, BMY
Q1 2026 107$146.1MTBBK, GE, TFIN, XOM, BMY
Q4 2025 113$155.6MTBBK, GE, TFIN, BOXX, NVR
Q3 2025 114$151.3MTBBK, GE, NVR, TFIN, XOM
Q2 2025 112$137.7MTBBK, GE, NVR, XOM, TFIN
Q1 2025 109$132.7MTBBK, NVR, XOM, BMY, GE
Q4 2024 112$137.3MTBBK, NVR, TFIN, FXAIX, XOM
Q3 2024 113$143.3MTBBK, NVR, BOXX, XOM, LEN
Q2 2024 113$126.4MTBBK, NVR, XOM, TFIN, LLY
Q1 2024 114$128.6MTBBK, NVR, FXAIX, CVX, TFIN