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Portfolio (Quarterly) Guide ↗

Tufton Capital Management

· CIK 0001055963
13F Portfolio $550M AUM 126 positions Filed May 12, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 44 New 11 Added 50 Reduced 4 Exited
Page 3 of 3  ·  50 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
41 CMG CHIPOTLE MEXICAN GRILL INC COM Consumer Cyclical 28,510.0 $912K 0.17% -470.0 -1.6% $31.99 +4.2%
42 NEE NEXTERA ENERGY INC COM Utilities 9,430.0 $875K 0.16% -270.0 -2.8% $92.79 -4.6%
43 WMT WALMART INC COM Consumer Defensive 6,799.0 $844K 0.15% -450.0 -6.2% $124.14 -6.8%
44 V VISA INC COM CL A Financial Services 2,763.0 $835K 0.15% -167.0 -5.7% $302.21 +11.3%
45 OXY OCCIDENTAL PETE CORP COM Energy 11,137.0 $723K 0.13% -82.0 -0.7% $64.92 -23.0%
46 DOW DOW HLDGS INC COM Basic Materials 16,157.0 $672K 0.12% -434.0 -2.6% $41.59 -30.2%
47 UNP UNION PAC CORP COM Industrials 2,395.0 $581K 0.11% -300.0 -11.1% $242.59 +10.6%
48 BSX BOSTON SCIENTIFIC CO Healthcare 9,077.0 $569K 0.10% -100.0 -1.1% $62.69 -29.4%
49 MCD MCDONALDS CORP COM Consumer Cyclical 1,155.0 $358K 0.07% -41.0 -3.4% $309.96 -13.0%
50 BX BLACKSTONE INC COM Financial Services 1,784.0 $205K 0.04% -75.0 -4.0% $114.91 +0.4%
Page 3 of 3  ·  50 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
Technology 21.1%
Industrials 17.1%
Healthcare 13.6%
Financial Services 13.1%
Consumer Defensive 8.9%
Communication Services 7.7%
Consumer Cyclical 7.5%
Energy 6.3%
Utilities 2.1%
Real Estate 2.1%