Latest Tufton Capital Management Stock Portfolio

Tufton Capital Management Performance:

2024 Q3: 5.44%YTD: 14.36%2023: 9.14%

Performance for 2024 Q3 is 5.44%, and YTD is 14.36%, and 2023 is 9.14%.

About Tufton Capital Management and 13F Hedge Fund Stock Holdings

Tufton Capital Management is a hedge fund based in HUNT VALLEY, MD. On 20-Jun-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $730.1 Millions. In it's latest 13F Holdings report, Tufton Capital Management reported an equity portfolio of $533.4 Millions as of 30 Sep, 2024.

The top stock holdings of Tufton Capital Management are MSFT, AAPL, GOOG. The fund has invested 6.2% of it's portfolio in MICROSOFT CORP and 4.6% of portfolio in APPLE INC COM.

The fund managers got completely rid off BOEING CO (BA), ISHARES MSCI EAFE SMALL CAP (AAXJ) and SOLVENTUM CORP stocks. They significantly reduced their stock positions in COLGATE-PALMOLIVE CO (CL), PROLOGIS INC and FIDELITY COVINGTON TR MSCI REA (FBCG). Tufton Capital Management opened new stock positions in CAVA GROUP INC, FARMER & MERCHANTS BANCORP INC (FMAO) and SALESFORCE COM INC (CRM). The fund showed a lot of confidence in some stocks as they added substantially to NVIDIA CORP COM (NVDA), W R BERKLEY CORP (WRB) and ELI LILLY AND CO (LLY).

Tufton Capital Management Annual Return Estimates Vs S&P 500

Our best estimate is that Tufton Capital Management made a return of 5.44% in the last quarter. In trailing 12 months, it's portfolio return was 20.18%.

New Buys

Ticker	$ Bought
cava group inc	281,758
farmer & merchants bancorp inc	217,329
salesforce com inc	212,125
camden ppty tr com sbi reit	210,001
vanguard ftse all world ex us	206,010
elutia inc	52,197

New stocks bought by Tufton Capital Management

Additions

Ticker	% Inc.
nvidia corp com	58.75
w r berkley corp	50.00
eli lilly and co	32.02
ishares tr core msci eafe etf	26.28
ishares core s&p 500 etf	21.22
pinterest inc class a	18.53
united parcel srvc class b	18.39
tesla inc com	17.05

Additions to existing portfolio by Tufton Capital Management

Reductions

Ticker	% Reduced
colgate-palmolive co	-30.12
prologis inc	-29.38
fidelity covington tr msci rea	-25.02
mastercard inc class a	-23.59
ishares core s&p small cap et	-21.33
visa inc class a	-20.01
ishares core s&p mid-capetf	-19.33
spdr dow jones indl average et	-11.08

Tufton Capital Management reduced stake in above stock

Sold off

Ticker	$ Sold
v f corporation	-159,772
solventum corp	-261,280
ishares msci eafe small cap	-273,496
boeing co	-504,713

Tufton Capital Management got rid off the above stocks

Sector Distribution

Tufton Capital Management has about 18.8% of it's holdings in Technology sector.

Sector	%
Technology	18.8
Industrials	17.4
Healthcare	13.6
Consumer Defensive	10.7
Financial Services	10
Communication Services	6.6
Consumer Cyclical	6.1
Others	5.4
Energy	4.6
Utilities	2.8
Real Estate	2.7
Basic Materials	1.3

Market Cap. Distribution

Tufton Capital Management has about 94.5% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	54.3
MEGA-CAP	40.2
UNALLOCATED	5.4

Stocks belong to which Index?

About 93.8% of the stocks held by Tufton Capital Management either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	92.1
Others	6.2
RUSSELL 2000	1.7

Top 5 Winners (%)		%
MMM	3m co	33.3 %
TSLA	tesla inc com	29.1 %
IBM	intl business machines corp i	27.4 %
CARR	carrier global corp	27.0 %
LMT	lockheed martin corp	25.0 %

Top 5 Winners ($)		$
LMT	lockheed martin corp	2.4 M
AAPL	apple inc com	2.4 M
ADP	auto data processing	2.1 M
RTX	rtx corp	1.9 M
CARR	carrier global corp	1.7 M

Top 5 Losers (%)		%
INTC	intel corp	-24.6 %
PINS	pinterest inc class a	-23.3 %
WRB	w r berkley corp	-20.6 %
QCOM	qualcomm inc	-14.6 %
NXPI	nxp semiconductors f	-10.7 %

Top 5 Losers ($)		$
QCOM	qualcomm inc	-2.1 M
GOOG	alphabet inc. class c	-1.8 M
MSFT	microsoft corp	-1.3 M
MRK	merck & co. inc.	-1.1 M
NXPI	nxp semiconductors f	-1.0 M

Tufton Capital Management Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Tufton Capital Management

Tufton Capital Management has 121 stocks in it's portfolio. About 32% of the portfolio is in top 10 stocks. QCOM proved to be the most loss making stock for the portfolio. LMT was the most profitable stock for Tufton Capital Management last quarter.

Last Reported on: 08 Nov, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc com	4.58	104,878	24,436,600	reduced	-0.83

AAXJ	ishares msci eafe small cap	0.00	0.00	0.00	sold off	-100

ABBV	abbvie inc	2.14	57,877	11,429,500	reduced	-1.75

ABT	abbott laboratories	1.53	71,403	8,140,710	reduced	-3.73

ADP	auto data processing	2.86	55,032	15,229,000	reduced	-1.9

AMP	ameriprise financial, inc	0.05	530	248,999	unchanged	0.00

AMZN	amazon com inc com	2.30	65,826	12,265,400	added	2.4

APD	air prods & chems inc com	0.08	1,510	449,587	unchanged	0.00

AXP	american express co com	0.23	4,560	1,236,670	unchanged	0.00

AZYO	elutia inc	0.01	13,700	52,197	new

BA	boeing co	0.00	0.00	0.00	sold off	-100

BAC	bank of america corp	1.83	246,233	9,770,520	reduced	-3.48

BIL	spdr s&p dividend etf	0.34	12,565	1,784,730	added	0.06

BMY	bristol-myers squibb	0.80	82,699	4,278,850	reduced	-5.3

BSX	boston scientific co	0.17	10,753	901,101	reduced	-5.19

CARR	carrier global corp	1.47	97,525	7,849,820	reduced	-3.22

CAT	caterpillar inc	1.88	25,600	10,012,900	reduced	-2.86

CB	chubb ltd new	1.95	35,971	10,373,700	reduced	-2.31

CCI	crown castle inc reit	1.42	64,004	7,592,850	reduced	-4.06

CL	colgate-palmolive co	0.52	26,975	2,800,380	reduced	-30.12