Fund Holdings

Sippican Capital Advisors

Filing Period:
Securities
SharesValue ($K)
Q2 2025
Q3 2025
Change
Q2 2025
Q3 2025
Weight (%)
Change
Bancorp Inc(TBBK)155,951154,286-1,6658,884,52811,554,4797.64%+2,669,951
Alpha Architect 1-3 Month Box3,18917,638+14,449359,3572,008,3091.33%+1,648,952
IREN LIMITED24,23028,480+4,250353,0311,336,5660.88%+983,535
Flagstar Financial Inc Com New(FLG)074,380+74,3800859,0890.57%+859,089
Alphabet Inc Cap Stock Cl C10,59810,543-551,879,9792,567,7481.70%+687,769
Ge Aerospace(GE)15,86015,835-254,082,2054,763,4853.15%+681,280
AbbVie Inc(ABBV)14,01013,935-752,600,5363,226,5102.13%+625,974
VF Corp(VFC)71,65496,517+24,863841,9341,392,7400.92%+550,806
Eagle Bancorp Inc MD(EGBN)12,95537,760+24,805252,363763,5070.50%+511,144
Apple Inc(AAPL)7,3087,383+751,499,3821,879,9331.24%+380,551
WSFS Financial Corp(WSFS)06,943+6,9430374,4360.25%+374,436
Oracle Corp(ORCL)5,8785,828-501,285,1071,639,0671.08%+353,960
Triumph Financial Inc56,08168,363+12,2823,090,6243,420,8852.26%+330,261
NVR Inc509507-23,759,3014,073,5732.69%+314,272
Banc Of California Inc127,895127,095-8001,796,9252,103,4221.39%+306,497
Rtx Corporation Com(RTX)17,29316,818-4752,525,1242,814,1561.86%+289,032
Citigroup Inc(C)29,87027,815-2,0552,542,5342,823,2221.87%+280,688
Pfizer Inc(PFE)92,91299,107+6,1952,252,1872,525,2461.67%+273,059
Alphabet Inc Cap Stock Cl A01,110+1,1100269,8410.18%+269,841
Lennar Corp Cl A(LEN)17,11817,121+31,893,4222,157,9311.43%+264,509
Customers Bancorp Inc(CUBB)40,63940,549-902,387,1352,650,6881.75%+263,553
Columbia Banking Systems Inc(COLB)110,842110,092-7502,591,4862,833,7681.87%+242,282
Terawulf Inc(WULF)33,65033,6500147,387384,2830.25%+236,896
Caterpillar Inc(CAT)2,5002,5000970,5251,192,8750.79%+222,350
Lockheed Martin Corp(LMT)2,8483,086+2381,319,0231,540,5621.02%+221,539
Chevron Corp(CVX)19,04718,957-902,727,3402,943,8331.95%+216,493
Metropolitan Bank Holding Corp(MCB)26,17827,083+9051,832,4602,026,3501.34%+193,890
Fidelity Tr 500 Index Ins Prem10,50010,555+552,269,2152,458,9821.63%+189,767
Merck & Co Inc(MRK)22,18323,126+9431,756,0061,940,9651.28%+184,959
Cipher Mining Inc21,60021,000-600103,248264,3900.17%+161,142
GE Vernova Inc(GEV)2,0352,012-231,076,8201,237,1790.82%+160,359
Bridgewater Bancshares Inc Acc97,61097,310-3001,552,9751,712,6561.13%+159,681
JPMorgan Chase & Co(JPM)6,9576,882-752,016,9042,170,7891.44%+153,885
Blackstone Group Inc Cl A7,2197,21901,079,8181,233,3660.82%+153,548
General Dynamics Corp(GD)2,9792,9790868,8551,015,8390.67%+146,984
Western Alliance Bancorp(WAL)21,67021,015-6551,689,8271,822,4211.20%+132,594
Eastern Bankshares Inc41,80641,8060638,378758,7790.50%+120,401
Equity Bancshares Inc Cl A25,37728,345+2,9681,035,3821,153,6410.76%+118,259
QCR Holdings Inc(QCRH)15,15515,15501,029,0241,146,3240.76%+117,300
Johnson & Johnson(JNJ)3,4103,425+15520,877635,0630.42%+114,186
MVB Financial Corp42,75542,705-50963,2701,070,1870.71%+106,917
Morgan Stanley(MS)5,6455,6450795,155897,3300.59%+102,175
Enbridge Inc(ENB)17,70117,7010802,209893,1920.59%+90,983
Berkshire Hathaway Inc Cl B5,0765,07602,465,7692,551,9081.69%+86,139
Tesla Inc841791-50267,152351,7740.23%+84,622
First Western Financial Inc45,10047,825+2,7251,017,4561,101,1710.73%+83,715
Exxon Mobil Corp29,26528,717-5483,154,7673,237,8422.14%+83,075
Alerus Financial Corp110,638111,866+1,2282,394,2062,476,7131.64%+82,507
PepsiCo Inc(PEP)4,5084,729+221595,236664,1410.44%+68,905
Vulcan Materials Co(VMC)1,3701,3700357,323421,4390.28%+64,116
Lakeland Financial Corp(LKFN)23,72423,664-601,457,8401,519,2291.00%+61,389
Diamondback Energy Inc11,04111,006-351,517,0331,574,9591.04%+57,926
Bank America Corp25,95024,855-1,0951,227,9541,282,2690.85%+54,315
Millrose Property Inc(MRP)8,7318,683-48248,921291,8360.19%+42,915
Hershey Co(HSY)1,8501,8500307,007346,0420.23%+39,035
Microsoft Corp(MSFT)1,5381,5380765,017796,6070.53%+31,590
Star Bulk Carriers Corp Par21,88821,891+3377,568406,9540.27%+29,386
Wells Fargo & Co(WFC)8,1438,115-28652,417680,1990.45%+27,782
3M Co19,85219,652-2003,022,2683,049,5972.02%+27,329
Vanguard 500 Index Admir552553+1316,001341,4270.23%+25,426
Zions Bancorporation(ZION)5,0505,0500262,297285,7290.19%+23,432
Home Depot Inc(HD)1,6171,517-100592,857614,6730.41%+21,816
Boeing Co(BA)3,4503,4500722,878744,6130.49%+21,735
Central Securities Corp(CET)6,0006,0000287,160308,2200.20%+21,060
CF Industries Holdings Inc(CF)14,50415,110+6061,334,3681,355,3670.90%+20,999
Cincinnati Financial Corp(CINF)1,9851,9850295,606313,8280.21%+18,222
Banner Corp(BANR)12,47212,4720800,079816,9160.54%+16,837
Taylor Morrison Home Corp Cl A(TMHC)3,5003,5000214,970231,0350.15%+16,065
US Bancorp Del(USB)4,8574,8570219,779234,7390.16%+14,960
Travelers Companies Inc(TRV)1,1361,1360303,925317,1940.21%+13,269
Illinois Tool Works Inc(ITW)9509500234,887247,7220.16%+12,835
Textron Inc(TXT)2,5002,5000200,725211,2250.14%+10,500
Brown Forman Corp Cl B(BF-A)15,41915,695+276414,925425,0210.28%+10,096
American Express Co(AXP)2,5592,484-75816,270825,0850.55%+8,815
Enterprise Products Partners L(EPD)20,38020,485+105631,984640,5660.42%+8,582
Bristol-Myers Squibb Co(BMY)56,39258,052+1,6602,610,3862,618,1451.73%+7,759
Union Pacific Corp(UNP)1,1751,1750270,344277,7350.18%+7,391
SM Energy Co(SM)15,74115,742+1388,960393,0780.26%+4,118
Oneok Inc(OKE)3,1033,526+423253,298257,2920.17%+3,994
Total SA Sp ADS(TTE)3,8984,048+150239,298241,6250.16%+2,327
Amazon.com Inc(AMZN)1,3801,3800302,758303,0070.20%+249
Brown Forman Corp Cl A(BF-A)9,8559,859+4270,717265,3060.18%-5,411
Abbott Laboratories3,5903,5900488,276480,8450.32%-7,431
Ernexa Therapeutics Inc10,00010,000018,40010,9500.01%-7,450
Procter And Gamble Co(PG)1,8271,8270291,078280,7190.19%-10,359
Synovus Financial Corp4,9254,9250254,869241,7190.16%-13,150
Intl Business Machines(IBM)768728-40226,391205,4120.14%-20,979
Visa Inc Cl A(V)1,5871,5870563,464541,7700.36%-21,694
Coca-Cola Co(KO)5,3995,3990381,979358,0620.24%-23,917
Plains All American Pipeline L(PAA)31,16032,025+865570,851546,3460.36%-24,505
Lilly Eli & Co(LLY)3,1273,162+352,437,5902,412,6061.59%-24,984
Onemain Holdings Inc32,96432,809-1551,878,9481,852,3961.22%-26,552
Chubb Limited3,5653,56501,032,8521,006,2210.67%-26,631
Iron Mountain Inc23,71223,532-1802,432,1402,398,8521.59%-33,288
MidWestOne Financial Group Inc65,98865,564-4241,898,4751,854,8061.23%-43,669
MGM Resorts International(MGM)26,27624,776-1,500903,632858,7360.57%-44,896
GE Healthcare Technologies Inc10,0889,289-799747,217697,6030.46%-49,614
Disney Walt Co Disney(DIS)5,9925,9920743,068686,0840.45%-56,984
Kinder Morgan Inc54,06554,06501,589,5111,530,5801.01%-58,931
Colgate Palmolive Co(CL)7,1307,1300648,117569,9720.38%-78,145
Page 1 of 2