Latest Sippican Capital Advisors Stock Portfolio

Sippican Capital Advisors Performance:

2026 Q1: 0.41%YTD: 0.41%2025: 11.78%

Performance for 2026 Q1 is 0.41%, and YTD is 0.41%, and 2025 is 11.78%.

About Sippican Capital Advisors and 13F Hedge Fund Stock Holdings

On 2026-04-23, the fund reported it's updated stock portfolio. In the 13F Holdings report, Sippican Capital Advisors reported an equity portfolio of $146.1 Millions as of 31 Mar, 2026.

The top stock holdings of Sippican Capital Advisors are TBBK, GE, TBK. The fund has invested 5.4% of it's portfolio in BANCORP INC and 2.9% of portfolio in GE AEROSPACE.

The fund managers got completely rid off ALPHA ARCHITECT 1-3 MONTH BOX (BOB), MIDWESTONE FINANCIAL GROUP INC (MOFG) and LAKELAND FINANCIAL CORP (LKFN) stocks. They significantly reduced their stock positions in CF INDUSTRIES HOLDINGS INC (CF), WESTERN ALLIANCE BANCORP (WAL) and BANK AMERICA CORP (BAC). Sippican Capital Advisors opened new stock positions in NICOLET BANKSHARES INC (NIC), MERITAGE HOMES CORP (MTH) and CLEANSPARK INC (CLSK). The fund showed a lot of confidence in some stocks as they added substantially to ORACLE CORP (ORCL), AMAZON.COM INC (AMZN) and CIPHER DIGITAL INC COM (CIFR).

Sippican Capital Advisors Annual Return Estimates Vs S&P 500

Our best estimate is that Sippican Capital Advisors made a return of 0.41% in the last quarter. In trailing 12 months, it's portfolio return was 15.11%.

Performance
S&P 500

New Buys

Ticker	$ Bought
nicolet bankshares inc	553,870
meritage homes corp	501,337
cleanspark inc	98,290

New stocks bought by Sippican Capital Advisors

Additions

Ticker	% Inc.
oracle corp	139
amazon.com inc	87.01
cipher digital inc com	33.84
sm energy co	31.14
intl business machines	25.48
invesco exchange traded fd tr	21.19
microsoft corp	17.96
brown forman corp cl a	14.45

Additions to existing portfolio by Sippican Capital Advisors

Reductions

Ticker	% Reduced
cf industries holdings inc	-57.21
western alliance bancorp	-47.56
bank america corp	-37.43
honeywell intl inc	-24.84
citigroup inc	-23.75
rtx corporation com	-22.54
procter and gamble co	-13.77
coterra energy inc	-13.54

Sippican Capital Advisors reduced stake in above stock

Sold off

Ticker	$ Sold
alpha architect 1-3 month box	-4,446,080
midwestone financial group inc	-988,834
blend laboratories inc cl a	-54,720
lakeland financial corp	-979,378
strive inc cl a	-10,701
pinnacle financial partners in	-564,350
synovus financial corp	-243,994
davita inc	-377,412

Sippican Capital Advisors got rid off the above stocks

Sector Distribution

Sippican Capital Advisors has about 35.5% of it's holdings in Financial Services sector.

Sector	%
Financial Services	35.5
Energy	13.1
Industrials	11.2
Healthcare	10.6
Consumer Cyclical	9.1
Others	7.7
Technology	3.2
	2.9
Communication Services	2.7
Consumer Defensive	1.7
Real Estate	1.6

Market Cap. Distribution

Sippican Capital Advisors has about 59.6% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	30.1
MEGA-CAP	29.5
MID-CAP	23.1
SMALL-CAP	8.8
UNALLOCATED	7.7

Stocks belong to which Index?

About 82% of the stocks held by Sippican Capital Advisors either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	55.8
RUSSELL 2000	26.2
Others	18

Top 5 Winners (%)		%
SM	sm energy co	54.5 %
CF	cf industries holdings inc	48.5 %
COP	conocophillips	39.6 %
XOM	exxon mobil corp	38.4 %
	total sa act	37.1 %

Top 5 Winners ($)		$
XOM	exxon mobil corp	1.3 M
CVX	chevron corp	1.0 M
CF	cf industries holdings inc	0.6 M
CTRA	coterra energy inc	0.5 M
FANG	diamondback energy inc	0.5 M

Top 5 Losers (%)		%
	ernexa therapeutics inc	-83.4 %
DKNG	draftkings inc cl a	-37.3 %
BX	blackstone group inc cl a	-25.4 %
GT	goodyear tire & rubber co	-23.8 %
MSFT	microsoft corp	-22.1 %

Top 5 Losers ($)		$
TBBK	bancorp inc	-2.1 M
GT	goodyear tire & rubber co	-0.7 M
ORCL	oracle corp	-0.6 M
OMF	onemain holdings inc	-0.5 M
LLY	lilly eli & co	-0.5 M

Sippican Capital Advisors Holdings Map

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

Current Stock Holdings of Sippican Capital Advisors

Sippican Capital Advisors has 107 stocks in it's portfolio. About 27.3% of the portfolio is in top 10 stocks. TBBK proved to be the most loss making stock for the portfolio. XOM was the most profitable stock for Sippican Capital Advisors last quarter.

Last Reported on: 23 Apr, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	1.04	6,008	1,524,770	reduced	-9.76

ABBV	abbvie inc	1.94	13,022	2,832,160	reduced	-3.25

ABT	abbott laboratories	0.24	3,425	351,645	unchanged	0.00

ALRS	alerus financial corp	1.84	113,141	2,682,570	reduced	-0.61

AMZN	amazon.com inc	1.50	10,534	2,193,920	added	87.01

AXP	american express co	0.42	2,014	609,195	unchanged	0.00

BA	boeing co	0.40	2,939	584,949	reduced	-7.35

BAC	bank america corp	0.53	15,785	769,519	reduced	-37.43

BANC	banc of california inc	1.46	121,420	2,134,560	reduced	-2.55

BANR	banner corp	0.50	11,955	725,429	reduced	-3.28

BLND	blend laboratories inc cl a	0.00	0.00	0.00	sold off	-100

BMY	bristol-myers squibb co	2.52	60,689	3,680,790	reduced	-2.2

BOB	alpha architect 1-3 month box	0.00	0.00	0.00	sold off	-100

BWB	bridgewater bancshares inc acc	1.17	96,685	1,711,320	reduced	-0.64

BX	blackstone group inc cl a	0.57	7,225	830,803	added	0.08

C	citigroup inc	0.84	10,856	1,231,180	reduced	-23.75

CASH	pathward financial inc	1.23	20,185	1,801,110	reduced	-6.72

CAT	caterpillar inc	1.07	2,200	1,558,610	reduced	-12.00

CB	chubb limited	0.77	3,450	1,124,460	reduced	-2.13

CF	cf industries holdings inc	0.59	6,592	855,905	reduced	-57.21