Tufton Capital Management

CIK 1055963 · View on SEC EDGAR ↗

Portfolio value: $596K
Positions: 127
As of: June 30, 2026

Portfolio value QoQ: +8.4% 13F does not disclose cash

Top 10 holdings weight: 38.04%
Top 25 holdings weight: 65.34%
Positions above 1%: 33
Effective number of positions: 42.6

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 2.77% Est. buys $15,843 · sells $39,310

Median holding: 5.0 quarters Tracked Q4 2024–Q2 2026 · 70.2% still held

New positions: 8
Increased: 26
Decreased: 71
Closed: 6

On this page

Sector breakdown How the portfolio splits across market sectors.
Portfolio Every stock this institution reports holding, from its latest 13F.
High-conviction bets The holdings this manager is most concentrated in.
Biggest new bets Brand-new positions opened in the latest quarter.
Top moves The biggest position increases and decreases this quarter.
Exited positions Positions the manager fully sold out of last quarter.

Sector breakdown

Industrials

22.1%

Technology

17.3%

Healthcare

11.8%

Financials

9.9%

Retail

7.9%

Communication Services

7.1%

Consumer Staples

4.0%

Energy

2.5%

Consumer products

1.9%

Real Estate

1.8%

Utilities

1.6%

Financial Services

1.2%

Logistics & Transportation

0.9%

Communications

0.7%

Telecommunication

0.6%

Consumer Discretionary

0.5%

Materials

0.1%

Other/Unmapped

8.1%

Full portfolio 127 positions

					Streak
GLW Corning Incorporated Common Stock	$36,707	6.16%	143,707	$14,708	Down ×6
GOOG Alphabet Inc. - Class C Capital Stock	$29,181	4.90%	82,589	$4,846	Down ×1
MSFT Microsoft Corporation - Common Stock	$27,088	4.54%	72,618	$668	Up ×1
AAPL Apple Inc. - Common Stock	$27,012	4.53%	93,351	$2,786	Down ×2
CAT Caterpillar, Inc. Common Stock	$23,216	3.90%	21,801	$6,244	Down ×5
JPM JP Morgan Chase & Co. Common Stock	$22,851	3.83%	69,812	$1,914	Down ×6
TJX TJX Companies, Inc. (The) Common Stock	$17,700	2.97%	116,836	$-1,386	Down ×6
AMZN Amazon.com, Inc. - Common Stock	$15,948	2.68%	66,916	$1,696	Down ×2
JNJ Johnson & Johnson Common Stock	$13,587	2.28%	53,500	$330	Down ×3
ABBV AbbVie Inc. Common Stock	$13,457	2.26%	53,477	$1,684	Down ×1
RTX RTX Corporation Common Stock	$13,132	2.20%	69,217	$-345	Down ×1
BAC Bank of America Corporation Common Stock	$12,723	2.13%	223,305	$1,687	Down ×6
MRK Merck & Company, Inc. Common Stock (new)	$12,628	2.12%	98,272	$704	Down ×1
QCOM QUALCOMM Incorporated - Common Stock	$11,690	1.96%	63,264	$3,024	Down ×6
TSM Taiwan Semiconductor Manufacturing Company Ltd.	$11,346	1.90%	23,757	$2,817	Down ×6
CB Chubb Limited Common Stock	$11,248	1.89%	33,011	$368	Down ×1
Unknown issuer (CUSIP: 30233q108)	$11,173	1.87%	81,728		Up ×1
ADP Automatic Data Processing, Inc. - Common Stock	$11,112	1.86%	49,619	$922	Down ×6
NSC Norfolk Southern Corporation Common Stock	$10,356	1.74%	32,919	$787	Down ×6
CVX Chevron Corporation Common Stock	$10,271	1.72%	61,965	$-3,317	Down ×2
EMR Emerson Electric Company Common Stock	$10,109	1.70%	70,618	$747	Down ×6
WFC Wells Fargo & Company Common Stock	$9,584	1.61%	115,976	$219	Down ×6
LMT Lockheed Martin Corporation Common Stock	$9,270	1.56%	18,197	$-1,835	Down ×5
PG Procter & Gamble Company (The) Common Stock	$9,148	1.53%	62,388	$53	Down ×2
NXPI NXP Semiconductors N.V. - Common Stock	$8,887	1.49%	31,625	$2,418	Down ×1
TGT Target Corporation Common Stock	$8,317	1.40%	63,678	$517	Down ×1
IBM International Business Machines Corporation Common Stock	$7,413	1.24%	26,364	$1,059	Up ×1
GOOGL Alphabet Inc. - Class A Common Stock	$7,324	1.23%	20,496	$1,210	Down ×6
PM Philip Morris International Inc Common Stock	$7,157	1.20%	39,565	$601	Down ×5
DLR Digital Realty Trust, Inc. Common Stock	$6,954	1.17%	38,725	$-187	Down ×2
LLY Eli Lilly and Company Common Stock	$6,870	1.15%	5,728	$1,522	Down ×2
CARR Carrier Global Corporation Common Stock	$6,498	1.09%	88,589	$1,426	Down ×1
ABT Abbott Laboratories Common Stock	$6,199	1.04%	68,318	$-563	Up ×1
MDLZ Mondelez International, Inc. - Class A Common Stock	$5,863	0.98%	101,380	$-68	Down ×6
INTC Intel Corporation - Common Stock	$5,828	0.98%	41,740	$3,302	Down ×6
IVV	$5,577	0.94%	7,448	$678	Down ×1
DUK Duke Energy Corporation (Holding Company) Common Stock	$5,365	0.90%	42,390	$-171	Up ×1
DHR Danaher Corporation Common Stock	$5,158	0.87%	27,082	$-111	Down ×3
UPS United Parcel Service, Inc. Common Stock	$5,139	0.86%	47,813	$390	Down ×6
MMM 3M Company Common Stock	$4,868	0.82%	30,071	$503	Up ×1
KO Coca-Cola Company (The) Common Stock	$4,859	0.82%	59,788	$318	Up ×1
MDT Medtronic plc. Ordinary Shares	$4,827	0.81%	61,711	$-737	Down ×6
DIA	$4,361	0.73%	8,350	$446	Down ×5
CSCO Cisco Systems, Inc. - Common Stock	$4,204	0.71%	35,797	$1,419	Down ×1
PEP PepsiCo, Inc. - Common Stock	$3,942	0.66%	29,114	$-646	Down ×6
BMY Bristol-Myers Squibb Company Common Stock	$3,705	0.62%	64,310	$-199	Down ×6
BRKB	$3,684	0.62%	7,364	$156
CCI Crown Castle Inc. Common Stock	$3,648	0.61%	48,172	$-493	Down ×1
COF Capital One Financial Corporation Common Stock	$3,566	0.60%	17,777	$287	Down ×2
DIS Walt Disney Company (The) Common Stock	$3,482	0.58%	36,180	$-461	Down ×6
VZ Verizon Communications Inc. Common Stock	$3,416	0.57%	80,685	$-686	Down ×1
ZTS Zoetis Inc. Class A Common Stock	$3,143	0.53%	43,742	$-2,187	Down ×1
SPY SPY	$3,108	0.52%	4,162	$343	Down ×1
CPK Chesapeake Utilities Corporation Common Stock	$3,107	0.52%	25,375	$-1,274	Down ×2
EPD Enterprise Products Partners L.P. Common Stock	$3,022	0.51%	82,230	$-111	Down ×5
Q Qnity Electronics, Inc. Common Stock	$2,405	0.40%	14,729	$635	Down ×1
PNC PNC Financial Services Group, Inc. (The) Common Stock	$2,236	0.38%	9,082	$310	Down ×1
COST Costco Wholesale Corporation - Common Stock	$2,114	0.35%	2,260	$-127	Up ×1
CL Colgate-Palmolive Company Common Stock	$2,098	0.35%	22,889	$130	Down ×5
VEA	$1,910	0.32%	26,814	$502	Up ×3
IEFA	$1,841	0.31%	19,067	$77	Down ×1
NKE Nike, Inc. Common Stock	$1,702	0.29%	41,464	$-1,932	Down ×3
VWO	$1,643	0.28%	27,528	$396	Up ×3
DE Deere & Company Common Stock	$1,638	0.27%	2,582	$184
SDY	$1,630	0.27%	10,716	$-29	Down ×1
AXP American Express Company Common Stock	$1,503	0.25%	4,445	$159
IJH	$1,380	0.23%	17,909	$148	Down ×1
Unknown issuer (CUSIP: 67066g104)	$1,342	0.23%	6,710	$158	Down ×1
Unknown issuer (CUSIP: 26614N201)	$1,300	0.22%	9,584		Up ×1
MKC McCormick & Company, Incorporated Common Stock	$1,297	0.22%	25,728	$-169	Down ×6
ARM Arm Holdings plc - American Depositary Shares	$1,293	0.22%	3,649	$681	Down ×1
META Meta Platforms, Inc. - Class A Common Stock	$1,212	0.20%	2,153	$-62	Down ×4
IJR	$1,184	0.20%	7,984	$175	Down ×1
SYY Sysco Corporation Common Stock	$1,145	0.19%	13,704	$139	Down ×6
OTIS Otis Worldwide Corporation Common Stock	$1,018	0.17%	14,218	$-107	Down ×1
IEMG	$976	0.16%	11,793	$143	Down ×1
CMG Chipotle Mexican Grill, Inc. Common Stock	$967	0.16%	28,455	$55	Down ×3
SLB SLB Limited Common Shares	$933	0.16%	20,086	$-99
Unknown issuer (CUSIP: 92826c839)	$917	0.15%	2,674	$82	Down ×3
GE GE Aerospace Common Stock	$915	0.15%	2,450	$227	Up ×1
IGM	$911	0.15%	5,575	$251
NEE NextEra Energy, Inc. Common Stock	$828	0.14%	9,438	$-47	Up ×1
WMT Walmart Inc. - Common Stock	$771	0.13%	6,809	$-73	Up ×1
GEV GE Vernova Inc. Common Stock	$741	0.12%	631	$197	Up ×1
TROW T. Rowe Price Group, Inc. - Common Stock	$723	0.12%	6,361	$119	Down ×1
VOO	$709	0.12%	1,033	$230	Up ×1
MO Altria Group, Inc.	$666	0.11%	9,264	$63	Up ×1
UNP Union Pacific Corporation Common Stock	$658	0.11%	2,421	$77	Up ×1
LOW Lowe's Companies, Inc. Common Stock	$647	0.11%	2,935	$-45	Up ×2
ETN Eaton Corporation, PLC Ordinary Shares	$568	0.10%	1,334	$91
XLK XLK	$553	0.09%	2,906	$167
DFAC	$548	0.09%	12,360	$157	Up ×1
OXY Occidental Petroleum Corporation Common Stock	$540	0.09%	11,137	$-183
CSX CSX Corporation - Common Stock	$526	0.09%	11,072	$72
PINS Pinterest, Inc. Class A Common Stock	$509	0.09%	24,215	$46	Down ×1
NFLX Netflix, Inc. - Common Stock	$499	0.08%	6,990	$-173
HD Home Depot, Inc. (The) Common Stock	$481	0.08%	1,364	$36	Up ×1
GS Goldman Sachs Group, Inc. (The) Common Stock	$480	0.08%	475	$79
QQQ Invesco QQQ Trust, Series 1	$478	0.08%	649	$124	Up ×1
Unknown issuer (CUSIP: 46120e602)	$451	0.08%	1,135	$-67	Up ×2
No matches

Conviction holdings

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

Security	Value	% of portfolio	Streak
VEA	$1,910	0.32%	up ×3
VWO	$1,643	0.28%	up ×3

Biggest new bets

New positions opened this quarter, largest first.

Security	Value	Shares	% of portfolio
Unknown issuer (CUSIP: 30233q108)	$11,173	81,728	1.87%
Unknown issuer (CUSIP: 26614N201)	$1,300	9,584	0.22%
DFIC	$306	8,215	0.05%
UNH	$270	650	0.05%
DFIV	$231	4,290	0.04%
AVEM	$229	2,375	0.04%
AVGO	$214	568	0.04%
MDB	$201	600	0.03%

Top movers (QoQ)

Security	Action	Shares Δ	Value Δ
GLW	Trimmed	-18K	+$15K
CAT	Trimmed	-2K	+$6K
GOOG	Trimmed	-2K	+$5K
CVX	Trimmed	-4K	-$3K
INTC	Trimmed	-16K	+$3K
QCOM	Trimmed	-4K	+$3K
TSM	Trimmed	-1K	+$3K
AAPL	Trimmed	-2K	+$3K
NXPI	Trimmed	-1K	+$2K
ZTS	Trimmed	-1K	-$2K

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

Security	Quarter	Shares before	Value before	Price since exit
LHX	March 31, 2025	11,798	$2,480,917	31.1%
TSLA	March 31, 2025	1,666	$672,797	33.2%
SCI	June 30, 2025	3,000	$240,600	2.4%
FMAO	March 31, 2025	7,860	$231,477	40.7%
CPT	June 30, 2025	1,700	$207,910	-3.3%
XOM	June 30, 2026	84,890	$14,402	22.5%
NVDA	March 31, 2026	7,780	$1,450	25.7%
DD	June 30, 2026	30,174	$1,382	3.0%
ELV	June 30, 2026	4,124	$1,207	2.1%
TROW	Dec. 31, 2025	8,107	$832	9.9%
NFLX	Dec. 31, 2025	659	$790	-13.9%
WRB	June 30, 2026	7,385	$489	-1.3%
XLK	Dec. 31, 2025	1,419	$399	No longer tracked
HON	June 30, 2026	1,565	$353	-1.2%
INTU	March 31, 2026	484	$320	-16.3%
CAVA	Sept. 30, 2025	3,725	$313	19.2%
FREL	Dec. 31, 2025	8,838	$245	No longer tracked
PFE	Sept. 30, 2025	9,323	$225	9.2%
MKCV	March 31, 2026	3,136	$213	No longer tracked
BFB	Dec. 31, 2025	7,575	$205	No longer tracked
HSY	June 30, 2026	989	$205	8.4%