Q3 2026 13F · SEC CIK 1055963

Tufton Capital Management

Wealth managerFiled 2026-10-20 for Q3 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $583.4M
Reported positions: 130
Top holdings a year, 3 yrs: +19.0%
Assets under management: $463.8M

Tufton Capital Management is a wealth manager that reported 130 positions worth $583.4M in its Q3 2026 13F, filed 2026-10-20. Its largest holdings were Microsoft Corp (MSFT, 6.3%), Apple Inc (AAPL, 5.3%), Alphabet Inc (GOOG, 4.7%). A portfolio copying its top holdings returned 19.0% a year over the last 3 years, against 20.4% for the S&P 500.

Tufton Capital Management holdings largest 50 of 130 positions.

Weights are shares of the filer's total reported 13F value, compared with Q2 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Tufton Capital Management 13F holdings
Stock	% of 13F value	Q2 2026	Shares	Share change	Reported value
MSFTMicrosoft Corp	6.3%	4.5%	71,771	-1.2%	$36.8M
AAPLApple Inc	5.3%	4.5%	92,022	-1.4%	$30.6M
GOOGAlphabet Inc	4.7%	4.9%	81,108	-1.8%	$27.6M
JPMJpmorgan Chase & Co	3.7%	3.8%	65,864	-5.7%	$21.8M
GLWCorning Inc	3.6%	6.2%	138,327	-3.7%	$21.3M
CATCaterpillar Inc	3.0%	3.9%	21,389	-1.9%	$17.3M
AMZNAmazon Com Inc	2.8%	2.7%	66,094	-1.2%	$16.5M
TJXTjx Cos Inc New	2.6%	3.0%	115,776	-0.9%	$15.3M
MRKMerck & Co Inc	2.4%	2.1%	97,178	-1.1%	$14.1M
JNJJohnson & Johnson	2.4%	2.3%	53,002	-0.9%	$14.0M
ABBVAbbvie Inc	2.4%	2.3%	52,881	-1.1%	$13.8M
XOMExxonmobil Holdings Corp	2.3%	1.9%	80,989	-0.9%	$13.2M
RTXRtx Corporation	2.2%	2.2%	68,524	-1.0%	$12.7M
ADPAutomatic Data Processing in	2.2%	1.9%	49,065	-1.1%	$12.7M
CVXChevron Corporation	2.1%	1.7%	61,405	-0.9%	$12.5M
BACBank of Amer Corp	2.1%	2.1%	220,882	-1.1%	$12.0M
QCOMQualcomm Inc	2.0%	2.0%	62,793	-0.7%	$11.6M
EMREmerson Elec Co	1.9%	1.7%	70,264	-0.5%	$10.9M
CBChubb Limited	1.8%	1.9%	32,740	-0.8%	$10.6M
TSMTaiwan Semiconductor Manufac	1.8%	1.9%	22,959	-3.4%	$10.5M
NSCNorfolk Southn Corporation	1.7%	1.7%	32,655	-0.8%	$10.1M
TGTTarget Corp	1.7%	1.4%	63,277	-0.6%	$9.9M
LMTLockheed Martin Corp	1.6%	1.6%	18,128	-0.4%	$9.2M
WFCWells Fargo & Co	1.6%	1.6%	115,226	-0.6%	$9.2M
PGProcter & Gamble Co	1.5%	1.5%	61,665	-1.2%	$9.0M
PMPhilip Morris Intl Inc	1.3%	1.2%	39,357	-0.5%	$7.5M
NXPINxp Semiconductors N V	1.3%	1.5%	31,486	-0.4%	$7.5M
GOOGLAlphabet Inc	1.2%	1.2%	20,211	-1.4%	$7.0M
DLRDigital Rlty Tr Inc	1.2%	1.2%	38,473	-0.7%	$6.8M
ABTAbbott Laboratories	1.2%	1.0%	67,951	-0.5%	$6.7M
LLYEli Lilly & Co	1.1%	1.2%	5,698	-0.5%	$6.6M
IBMInternational Business Machs	1.0%	1.2%	26,324	-0.2%	$5.8M
MDLZMondelez International	1.0%	1.0%	100,084	-1.3%	$5.8M
IVVIshares Tr	1.0%	0.9%	7,456	+0.1%	$5.7M
DHRDanaher Corp Del	0.9%	0.9%	24,987	-7.7%	$5.5M
MDTMedtronic PLC	0.9%	0.8%	61,031	-1.1%	$5.3M
KOCoca Cola Co	0.9%	0.8%	59,662	-0.2%	$5.1M
INTCIntel Corp	0.8%	1.0%	40,928	-1.9%	$4.9M
MMM3m Co	0.8%	0.8%	29,944	-0.4%	$4.9M
CARRCarrier Global Corporation	0.8%	1.1%	88,006	-0.7%	$4.8M
DUKDuke Energy Corp New	0.8%	0.9%	42,166	-0.5%	$4.8M
UPSUnited Parcel Svcs Inc	0.8%	0.9%	48,433	+1.3%	$4.5M
DIASpdr Dow Jones Indl Average	0.7%	0.7%	8,018	-4.0%	$4.1M
BMYBristol-Myers Squibb Co	0.7%	0.6%	64,183	-0.2%	$4.0M
DISDisney Walt Co	0.7%	0.6%	36,244	+0.2%	$3.8M
BRK-BBerkshire Hathaway Inc Del	0.6%	0.6%	7,364	+0.0%	$3.7M
VZVerizon Communications Inc	0.6%	—	79,663	—	$3.7M
PEPPepsico Inc	0.6%	0.7%	28,352	-2.6%	$3.6M
CSCOCisco Sys Inc	0.6%	0.7%	32,433	-9.4%	$3.5M
COFCapital One Finl Corp	0.6%	0.6%	17,696	-0.5%	$3.4M

What Tufton Capital Management bought and sold in Q3 2026, against Q2 2026.

New positions

Q2 2026's filing was too long to tell new positions apart.

Added to

No position grew by more than 5%.

Reduced

Left the top 50

CCI Crown Castle Incwas 0.6%

Share counts compared with the Q2 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +31.1% /yr; S&P 500 +20.1%
3 years: +19.0% /yr; S&P 500 +20.4%
5 years: +10.5% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q3 2026	$583.4M	130
Q2 2026	$596.0M	126
Q1 2026	$549.7M	125
Q4 2025	$572.1M	121
Q3 2025	$561.0M	117
Q2 2025	$525.9M	117
Q1 2025	$519.2M	119
Q4 2024	$528.7M	119
Q3 2024	$533.4M	120
Q2 2024	$514.2M	118
Q1 2024	$509.2M	117
Q4 2023	$476.7M	122

Questions about Tufton Capital Management's portfolio

What stocks does Tufton Capital Management own?

Tufton Capital Management's latest 13F, for Q3 2026 and filed Oct 20, 2026, lists 130 positions worth $583.4M. The largest are Microsoft Corp (MSFT) at 6.3%, Apple Inc (AAPL) at 5.3%, Alphabet Inc (GOOG) at 4.7%, Jpmorgan Chase & Co (JPM) at 3.7% and Corning Inc (GLW) at 3.6%.

What did Tufton Capital Management buy last quarter?

Tufton Capital Management opened no new positions and grew none by more than 5% among its largest holdings in Q3 2026.

What did Tufton Capital Management sell last quarter?

In Q3 2026, Tufton Capital Management cut from its top 50 Crown Castle Inc (CCI), Cisco Sys Inc (CSCO) (-9.4% shares), Danaher Corp Del (DHR) (-7.7% shares) and Jpmorgan Chase & Co (JPM) (-5.7% shares), compared with its Q2 2026 filing.

How has Tufton Capital Management's portfolio performed?

A portfolio copying Tufton Capital Management's 20 largest 13F holdings each quarter, from the day each filing was public, returned +19.0% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +31.1% against +20.1%. Over 5 years: +10.5% a year against +11.6%.

When is Tufton Capital Management's next 13F filing due?

13F filings are due 45 days after each quarter ends. Tufton Capital Management's filing for the quarter ending Dec 31, 2026 is due by Feb 14, 2027; this page updates the day after it is published.

How much money does Tufton Capital Management manage?

Tufton Capital Management reported $463.8M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $583.4M.