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Portfolio (Quarterly) Guide ↗

Sippican Capital Advisors

· CIK 0001557406
13F Portfolio $156M AUM Filed Jan 23, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 113 New
Page 2 of 6  ·  113 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 MRK Merck & Co Inc Healthcare 22,476.0 $2.4M 1.52% NEW $105.26 +10.1%
22 Berkshire Hathaway Inc Cl B 4,430.0 $2.2M 1.43% NEW $502.65
23 OMF Onemain Holdings Inc Financial Services 32,806.0 $2.2M 1.42% NEW $67.55 -20.4%
24 MCB Metropolitan Bank Holding Corp Financial Services 28,097.0 $2.1M 1.38% NEW $76.36 +19.6%
25 EGBN Eagle Bancorp Inc MD Financial Services 98,680.0 $2.1M 1.36% NEW $21.42 +21.8%
26 JPM JPMorgan Chase & Co Financial Services 6,490.0 $2.1M 1.34% NEW $322.22 -6.0%
27 IRM Iron Mountain Inc Real Estate 23,277.0 $1.9M 1.24% NEW $82.95 +53.5%
28 VFC VF Corp Consumer Cyclical 105,370.0 $1.9M 1.22% NEW $18.08 -10.3%
29 Flagstar Financial Inc Com New 148,805.0 $1.9M 1.20% NEW $12.59
30 AAPL Apple Inc Technology 6,658.0 $1.8M 1.16% NEW $271.86 +12.2%
31 WAL Western Alliance Bancorp Financial Services 21,015.0 $1.8M 1.14% NEW $84.07 -8.4%
32 LEN Lennar Corp Cl A Consumer Cyclical 17,022.0 $1.7M 1.12% NEW $102.80 -13.6%
33 IREN IREN LIMITED Financial Services 45,330.0 $1.7M 1.10% NEW $37.77 +53.7%
34 BWB Bridgewater Bancshares Inc Acc Financial Services 97,310.0 $1.7M 1.10% NEW $17.53 +7.3%
35 C Citigroup Inc Financial Services 14,237.0 $1.7M 1.07% NEW $116.69 +7.3%
36 CTRA Coterra Energy Inc Energy 62,415.0 $1.6M 1.06% NEW $26.32 +23.7%
37 FANG Diamondback Energy Inc Energy 10,903.0 $1.6M 1.05% NEW $150.33 +33.7%
38 Pathward Financial Inc 21,640.0 $1.5M 0.99% NEW $71.00
39 LMT Lockheed Martin Corp Industrials 3,086.0 $1.5M 0.96% NEW $483.67 +8.1%
40 Price T Rowe Growth Stock Fund 13,715.0 $1.5M 0.95% NEW $108.25
Page 2 of 6  ·  113 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Financial Services 43.5%
Industrials 12.8%
Healthcare 11.5%
Energy 11.0%
Consumer Cyclical 10.2%
Communication Services 3.1%
Technology 2.8%
Consumer Defensive 1.8%
Real Estate 1.4%
Utilities 1.0%