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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 6 of 7  ·  126 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
101 APD AIR PRODUCTS AND CHEMICALS INC Basic Materials 1,510.0 $438K 0.08% $290.07 -4.2%
102 GS GOLDMAN SACHS GROUP INC COM Financial Services 475.0 $401K 0.07% $844.21 +20.8%
103 DFAC DIMENSIONAL ETF TRUST US CORE 10,085.0 $391K 0.07% NEW $38.77 +12.9%
104 XLK SELECT SECTOR SPDR TR STATE ST 2,906.0 $386K 0.07% NEW $132.83 +36.2%
105 MCD MCDONALDS CORP COM Consumer Cyclical 1,155.0 $358K 0.07% -41.0 -3.4% $309.96 -13.0%
106 QQQ INVESCO QQQ TR UNIT SER 1 Financial Services 614.0 $354K 0.06% NEW $576.55 +22.5%
107 HON HONEYWELL INTL INC COM Industrials 1,565.0 $353K 0.06% $225.56 +2.9%
108 BA BOEING CO COM Industrials 1,624.0 $323K 0.06% +448.0 +38.1% $198.89 +9.2%
109 SYK STRYKER CORPORATION COM Healthcare 955.0 $313K 0.06% $327.75 +1.5%
110 BLK BLACKROCK INC COM Financial Services 312.0 $300K 0.06% NEW $961.54 +0.3%
111 FDX FEDEX CORP COM Industrials 845.0 $300K 0.06% NEW $355.03 -10.3%
112 SHEL SHELL PLC SPON ADS Energy 3,100.0 $288K 0.05% $92.90 -17.6%
113 DUHP DIMENSIONAL ETF TRUST US HIGH 6,765.0 $248K 0.04% NEW $36.66 +11.7%
114 VEU VANGUARD INTL EQUITY INDEX FDS 3,270.0 $245K 0.04% $74.92 +10.3%
115 GLD SPDR GOLD TR GOLD SHS Financial Services 555.0 $238K 0.04% NEW $428.83 -12.9%
116 BROWN FORMAN CORP CL B 8,775.0 $232K 0.04% NEW $26.44
117 DFUV DIMENSIONAL ETF TRUST US MKTWI 4,710.0 $228K 0.04% NEW $48.41 +13.7%
118 MTUM ISHARES TR MSCI USA MMENTM 903.0 $216K 0.04% NEW $239.20 +36.2%
119 TSLA TESLA INC COM Consumer Cyclical 579.0 $215K 0.04% +9.0 +1.6% $371.33 +2.3%
120 MA MASTERCARD INCORPORATED CL A Financial Services 425.0 $212K 0.04% NEW $498.82 +0.0%
Page 6 of 7  ·  126 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%