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Asset Manager ← All Institutions

Tufton Capital Management

Q3 2025 · Filed 2025-10-31
Market Value
$420M
+6.4%
Holdings
86
-1
New Purchases
1
Added To
17
Closed
2
Reduced
45
Top 10 Concentration
44.3%
Turnover
3.5%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
AAPL 6.08% 4.99% +1.08% $25M
GLW 3.68% 2.79% +0.88% $15M
TJX 4.33% 3.94% +0.39% $18M
CAT 2.83% 2.46% +0.37% $12M
JNJ 2.45% 2.14% +0.31% $10M
GOOGL 1.32% 1.02% +0.30% $6M
TSM 1.81% 1.57% +0.24% $8M
NSC 2.44% 2.23% +0.22% $10M
INTC 0.49% 0.37% +0.12% $2M
CPK 2.29% 2.17% +0.11% $10M
LLY 1.04% 0.94% +0.10% $4M
JPM 5.56% 5.46% +0.10% $23M
AXP 0.36% 0.26% +0.10% $1M
TSLA 0.06% 0.00% +0.06% $253K
NVDA 0.55% 0.50% +0.05% $2M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
ADP 3.60% 4.03% -0.43% $15M
UPS 1.10% 1.44% -0.34% $5M
PM 1.59% 1.90% -0.31% $7M
DIS 1.67% 1.95% -0.27% $7M
MSFT 9.08% 9.34% -0.26% $38M
MDLZ 1.62% 1.87% -0.25% $7M
PG 2.26% 2.50% -0.24% $9M
AMZN 3.54% 3.76% -0.22% $15M
EMR 2.28% 2.47% -0.19% $10M
ABT 2.13% 2.32% -0.19% $9M
KO 0.97% 1.12% -0.16% $4M
CMG 0.30% 0.45% -0.16% $1M
DOW 0.18% 0.31% -0.13% $735K
MKC 0.53% 0.64% -0.11% $2M
CL 0.47% 0.57% -0.11% $2M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 35 $240M 57.1%
Large Cap 48 $170M 40.5%
Mid Cap 2 $10M 2.3%
Small Cap 1 $245K 0.1%

Portfolio Analytics

Avg Market Cap
$488.4B
Median Market Cap
$149.9B
Avg P/E
36.5
Median P/E
25.6
Avg Dividend Yield
0.02%
Avg Beta
0.95
# Stocks
75
# ETFs / Funds
11

Top Holdings (86 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 MSFT 9.08% 73,550 $38M $517.95 $1M -466 -0.6%
2 AAPL 6.08% 100,130 $25M $254.63 $6M +4,157 +4.3%
3 JPM 5.56% 73,999 $23M $315.42 $2M -261 -0.3%
4 TJX 4.33% 125,684 $18M $144.54 $3M -159 -0.1%
5 GLW 3.68% 188,043 $15M $82.03 $4M -21,512 -10.3%
6 ADP 3.60% 51,456 $15M $293.49 -$794K -88 -0.2%
7 AMZN 3.54% 67,683 $15M $219.57 $18K +25 +0.0%
8 BAC 2.88% 233,967 $12M $51.59 $914K -1,806 -0.8%
9 CAT 2.83% 24,915 $12M $477.14 $2M -73 -0.3%
10 QCOM 2.72% 68,506 $11M $166.35 $440K -290 -0.4%
11 CVX 2.47% 66,667 $10M $155.28 $825K +127 +0.2%
12 JNJ 2.45% 55,363 $10M $185.41 $2M +177 +0.3%
13 NSC 2.44% 34,108 $10M $300.40 $1M -184 -0.5%
14 WFC 2.41% 120,683 $10M $83.81 $381K -822 -0.7%
15 CPK 2.29% 71,250 $10M $134.68 $1M
16 EMR 2.28% 72,974 $10M $131.17 -$186K -214 -0.3%
17 PG 2.26% 61,814 $9M $153.64 -$364K -83 -0.1%
18 LMT 2.25% 18,918 $9M $499.21 $645K -82 -0.4%
19 ABT 2.13% 66,691 $9M $133.93 -$209K -519 -0.8%
20 IBM 1.82% 27,123 $8M $282.16 $118K +1,561 +6.1%
21 TSM 1.81% 27,156 $8M $279.28 $1M -153 -0.6%
22 DIS 1.67% 61,276 $7M $114.50 -$656K -595 -1.0%
23 DLR 1.65% 40,128 $7M $172.87 -$4K +313 +0.8%
24 MDLZ 1.62% 108,933 $7M $62.47 -$575K -510 -0.5%
25 PM 1.59% 41,128 $7M $162.18 -$832K -65 -0.2%
26 MDT 1.52% 66,829 $6M $95.23 $477K -708 -1.1%
27 NKE 1.39% 83,494 $6M $69.73 $110K +3,077 +3.8%
28 DHR 1.36% 28,857 $6M $198.25 $25K +20 +0.1%
29 GOOGL 1.32% 22,864 $6M $243.09 $2M -24 -0.1%
30 IVV 1.15% 7,240 $5M $669.20 $267K -134 -1.8%
31 UPS 1.10% 55,497 $5M $83.52 -$1M -792 -1.4%
32 LLY 1.04% 5,732 $4M $762.91 $674K +986 +20.8%
33 PEP 1.02% 30,348 $4M $140.44 -$99K -2,680 -8.1%
34 KO 0.97% 61,148 $4M $66.31 -$381K -1,553 -2.5%
35 DIA 0.96% 8,727 $4M $463.73 $77K -284 -3.1%
36 BRK-B 0.89% 7,419 $4M $502.63 $138K +25 +0.3%
37 COF 0.88% 17,457 $4M $212.58 -$8K -26 -0.1%
38 BMY 0.77% 71,725 $3M $45.09 -$168K -1,781 -2.4%
39 EPD 0.65% 87,737 $3M $31.26 $5K -559 -0.6%
40 NVDA 0.55% 12,290 $2M $186.57 $340K -75 -0.6%
41 MKC 0.53% 33,314 $2M $66.91 -$298K -16 -0.1%
42 INTC 0.49% 61,925 $2M $33.54 $600K -4,050 -6.1%
43 CL 0.47% 24,558 $2M $79.93 -$304K -389 -1.6%
44 PNC 0.43% 9,019 $2M $200.91 $131K
45 META 0.43% 2,462 $2M $734.36 -$20K -15 -0.6%
46 IEFA 0.39% 18,687 $2M $87.28 $105K +398 +2.2%
47 AXP 0.36% 4,513 $1M $332.15 $475K +1,300 +40.5%
48 ANTM 0.32% 4,124 $1M $322.99 -$272K
49 CMG 0.30% 31,930 $1M $39.18 -$541K +15 +0.1%
50 SYY 0.29% 14,568 $1M $82.30 $74K -287 -1.9%
51 DE 0.28% 2,536 $1M $457.02 -$130K
52 IJH 0.27% 17,458 $1M $65.24 $38K -306 -1.7%
53 OXY 0.27% 24,095 $1M $47.23 $48K -1,853 -7.1%
54 VWO 0.25% 19,694 $1M $54.18 $93K
55 BSX 0.24% 10,216 $997K $97.59 -$112K -110 -1.1%
56 IJR 0.22% 7,637 $907K $118.76 $50K -209 -2.7%
57 TROW 0.20% 8,107 $832K $102.63 $35K -158 -1.9%
58 NFLX 0.19% 659 $790K $1,198.79 -$92K
59 VEA 0.18% 12,851 $770K $59.92 $9K -500 -3.8%
60 LOW 0.18% 3,005 $755K $251.25 $133K +200 +7.1%
61 WMT 0.18% 7,318 $754K $103.03 $39K
62 DOW 0.18% 32,071 $735K $22.92 -$476K -13,674 -29.9%
63 NEE 0.17% 9,700 $732K $75.46 $58K -10 -0.1%
64 GE 0.17% 2,425 $729K $300.62 $105K
65 IGM 0.17% 5,575 $702K $125.92 $62K -125 -2.2%
66 SLB 0.17% 20,396 $701K $34.37 -$32K -1,309 -6.0%
67 ARM 0.16% 4,675 $661K $141.39 -$70K +150 +3.3%
68 UNP 0.15% 2,745 $648K $236.07 $189K +750 +37.6%
69 WRB 0.14% 7,425 $568K $76.50 $23K
70 HD 0.13% 1,364 $552K $404.69 $52K
71 APD 0.10% 1,510 $411K $272.19 -$14K
72 XLK 0.10% 1,419 $399K $281.18 $40K
73 CSX 0.09% 11,108 $394K $35.47 $32K
74 GEV 0.09% 623 $383K $614.77 $21K -61 -8.9%
75 GS 0.09% 475 $378K $795.79 $42K
76 INTU 0.09% 549 $374K $681.24 -$58K
77 MCD 0.09% 1,216 $369K $303.45 $14K
78 SYK 0.08% 959 $354K $369.13 $15K +100 +11.6%
79 HON 0.08% 1,653 $347K $209.92 -$37K
80 TSLA 0.06% 570 $253K $443.86 +570 NEW
81 FREL 0.06% 8,838 $245K $27.72 $7K
82 VEU 0.06% 3,270 $233K $71.25 $14K
83 SHEL 0.05% 3,194 $228K $71.38 $4K
84 BF-B 0.05% 7,575 $205K $27.06 $2K
85 PFE —% -$225K -9,323 -100.0% SOLD
86 CAVA —% -$313K -3,725 -100.0% SOLD

New Positions

SymbolValue% Port
TSLA $253K 0.06%

Sold Out Positions

SymbolValue% Port
CAVA —%
PFE —%
View SEC EDGAR Filings for Tufton Capital Management →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms