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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 5 of 6  ·  107 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
81 Brown Forman Corp Cl B 16,745.0 $443K 0.30% +550.0 +3.4% $26.44
82 OKE Oneok Inc Energy 4,593.0 $415K 0.28% -33.0 -0.7% $90.39 +2.5%
83 KO Coca-Cola Co Consumer Defensive 5,373.0 $409K 0.28% $76.05 +6.7%
84 HSY Hershey Co Consumer Defensive 1,850.0 $385K 0.26% $207.89 -8.4%
85 MSFT Microsoft Corp Technology 1,018.0 $377K 0.26% +155.0 +18.0% $370.17 +13.2%
86 ABT Abbott Laboratories Healthcare 3,425.0 $352K 0.24% $102.67 -14.5%
87 Vanguard 500 Index Admir 556.0 $335K 0.23% $602.03
88 Total SA Act 3,648.0 $332K 0.23% -400.0 -9.9% $90.98
89 TRV Travelers Companies Inc Financial Services 1,125.0 $328K 0.23% $291.68 +5.2%
90 COP ConocoPhillips Energy 2,443.0 $322K 0.22% -185.0 -7.0% $132.00 -8.7%
91 GOOGL Alphabet Inc Cap Stock Cl A Communication Services 1,110.0 $319K 0.22% $287.56 +34.8%
92 Brown Forman Corp Cl A 11,292.0 $303K 0.21% +1K +14.4% $26.79
93 CINF Cincinnati Financial Corp Financial Services 1,900.0 $299K 0.20% $157.35 +7.0%
94 ZION Zions Bancorporation Financial Services 5,050.0 $291K 0.20% $57.62 +7.1%
95 UNP Union Pacific Corp Industrials 1,174.0 $285K 0.20% $242.62 +9.6%
96 USB US Bancorp Del Financial Services 4,857.0 $253K 0.17% $52.01 +4.8%
97 IBM Intl Business Machines Technology 1,039.0 $252K 0.17% +211.0 +25.5% $242.39 +4.4%
98 RSP Invesco Exchange Traded Fd Tr 1,304.0 $250K 0.17% +228.0 +21.2% $191.97 +6.6%
99 ITW Illinois Tool Works Inc Industrials 925.0 $241K 0.17% $260.29 -4.0%
100 Millrose Property Inc 8,412.0 $236K 0.16% -359.0 -4.1% $28.00
Page 5 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%