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Portfolio (Quarterly) Guide ↗

Sippican Capital Advisors

· CIK 0001557406
13F Portfolio $146M AUM 107 positions Filed Apr 23, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 3 New 20 Added 58 Reduced 9 Exited
Page 2 of 6  ·  107 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 IRM Iron Mountain Inc Real Estate 22,727.0 $2.3M 1.59% -550.0 -2.4% $102.14 +24.7%
22 MCB Metropolitan Bank Holding Corp Financial Services 27,826.0 $2.3M 1.59% -271.0 -1.0% $83.29 +9.6%
23 GT Goodyear Tire & Rubber Co Consumer Cyclical 335,785.0 $2.2M 1.52% +20K +6.2% $6.63 -11.5%
24 Flagstar Financial Inc Com New 167,615.0 $2.2M 1.51% +19K +12.6% $13.17
25 AMZN Amazon.com Inc Consumer Cyclical 10,534.0 $2.2M 1.50% +5K +87.0% $208.27 +28.9%
26 BANC Banc Of California Inc Financial Services 121,420.0 $2.1M 1.46% -3K -2.5% $17.58 +7.0%
27 Berkshire Hathaway Inc Cl B 4,430.0 $2.1M 1.45% $479.20
28 FANG Diamondback Energy Inc Energy 10,389.0 $2.1M 1.41% -514.0 -4.7% $197.79 +1.6%
29 EOG EOG Resources Inc Energy 13,310.0 $1.9M 1.32% +1K +10.3% $144.57 -3.2%
30 CTRA Coterra Energy Inc Energy 53,966.0 $1.9M 1.30% -8K -13.5% $35.14 -7.3%
31 JPM JPMorgan Chase & Co Financial Services 6,245.0 $1.8M 1.26% -245.0 -3.8% $294.16 +3.0%
32 VFC VF Corp Consumer Cyclical 106,700.0 $1.8M 1.24% +1K +1.3% $16.99 -4.6%
33 Pathward Financial Inc 20,185.0 $1.8M 1.23% -1K -6.7% $89.23
34 OMF Onemain Holdings Inc Financial Services 32,781.0 $1.8M 1.20% $53.49 +0.5%
35 LMT Lockheed Martin Corp Industrials 2,837.0 $1.7M 1.17% -249.0 -8.1% $604.39 -13.5%
36 BWB Bridgewater Bancshares Inc Acc Financial Services 96,685.0 $1.7M 1.17% -625.0 -0.6% $17.70 +6.3%
37 IREN IREN LIMITED Financial Services 49,045.0 $1.7M 1.15% +4K +8.2% $34.28 +69.4%
38 KMI Kinder Morgan Inc Energy 47,494.0 $1.6M 1.09% -6K -11.7% $33.53 -0.1%
39 GEV GE Vernova Inc Utilities 1,794.0 $1.6M 1.07% -243.0 -11.9% $872.90 +19.6%
40 CAT Caterpillar Inc Industrials 2,200.0 $1.6M 1.07% -300.0 -12.0% $708.46 +22.2%
Page 2 of 6  ·  107 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 39.8%
Energy 14.2%
Industrials 12.6%
Healthcare 11.5%
Consumer Cyclical 9.9%
Technology 3.5%
Communication Services 2.9%
Consumer Defensive 1.9%
Real Estate 1.7%
Utilities 1.2%