Tufton Capital Management

Registered adviser

CIK

1055963

Location

HUNT VALLEY, MD

Portfolio Value

Small $581,916,354

Diversification

Diversified

Filing Date

Global Rank

#3,349 / 8,811 ▼ 234 · as of Jun 2026

Top Industry

Drug Manufacturers - General 9.5%

Period ended 21 days ago

Filed Oct 20, 2026 · 1d

27 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 113543

Roster of Oct 1, 2026

Regulatory AUM

$463,781,747

Main clients

Individuals and high net worth (93% of AUM)

LEI

5493004R6418GZHVKA34

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Oct 2026	$463,781,747	Individuals and high net worth (93%)
Apr 2025 to Mar 2026	$810,080,632	Individuals and high net worth (94%)
Apr 2024 to Mar 2025	$727,529,170	Individuals and high net worth (93%)
May 2023 to Mar 2024	$730,091,000	Individuals and high net worth (94%)
Mar 2023 to Apr 2023	$730,091,000	Individuals and high net worth (94%)
Apr 2022 to Feb 2023	$957,267,000	Individuals and high net worth (84%)

3 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, the newest measured quarter, never from the firm's own description.

Style

Diversified active

Top 10 weight 39.3%, 40.0 effective positions, active share 61.7% against the S&P 500 as of 2026-06-30; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Low turnover

3.4% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 21.6 quarters (12+), a floor since 68.8% of the book was already held when coverage starts

Closest benchmark: the S&P 500 as of 2026-06-30, active share 61.7%; sector active share 12.9% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

130 tracked positions · as of Sep 30, 2026 · Δ vs Jun 30, 2026

Top Position

6.3%

+0.2 pts

Top 5

24.9%

−0.3 pts

Top 10

38.2%

−1.1 pts

HHI

248

Diversified−2

Portfolio Trend

27 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Technology	25.7%	$149,567,684	14
Industrials	13.9%	$80,596,657	16
Healthcare	13.1%	$76,280,970	15
Financial Services	11.6%	$67,571,730	16
Consumer Defensive	8.3%	$48,498,593	13
Communication Services	7.6%	$44,460,780	7
Consumer Cyclical	6.0%	$34,870,981	7
Energy	5.2%	$30,526,690	6
Unclassified	5.2%	$30,517,211	28
Utilities	1.5%	$8,781,851	3
Real Estate	1.4%	$8,157,080	2
Basic Materials	0.4%	$2,086,127	3

Last Quarter's Activity

Export CSV

Sep 30, 2026 vs Jun 30, 2026

Added To

Positions the filer increased

17 positions

Ticker	Company	Δ Shares	Shares	Value
DFAC	Dimensional U.S. Core Equity 2 ETF	+5,817	18,177	$807,967
VEA	Vanguard FTSE Developed Markets ETF	+3,986	30,800	$2,174,788
DFIC	Dimensional International Core Equity 2 ETF	+3,888	12,103	$455,193
DFUV	Dimensional U.S. Marketwide Value ETF	+3,822	9,937	$546,535
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	+2,928	30,456	$1,806,345
ZTS	Zoetis Inc.	+2,880	46,622	$3,255,614
DUHP	Dimensional US High Profitability ETF	+2,297	10,067	$421,907
DFIV	Dimensional International Value ETF	+1,757	6,047	$337,785
AVEM	Avantis Emerging Markets Equity ETF	+1,003	3,378	$317,599
MTUM	iShares MSCI USA Momentum Factor ETF	+705	1,838	$0
UPS	United Parcel Service Inc	+620	48,433	$4,525,579
VOO	VANGUARD 500 INDEX FUND	+420	1,453	$1,018,349
MO	Altria Group, Inc.	+225	9,489	$638,989
DIS	Walt Disney Co	+64	36,244	$3,801,995
SPY	Spdr S&P 500 ETF Trust	+39	4,201	$3,203,808
IJR	iShares Core S&P Small-Cap ETF	+11	7,995	$1,087,639
IVV	iShares Core S&P 500 ETF	+8	7,456	$5,710,177
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
CCI	Crown Castle Inc.	−27,108	21,064	$1,403,915
NKE	NIKE, Inc.	−11,086	30,378	$1,075,381
GLW	Corning Inc /Ny	−5,380	138,327	$21,269,159
JPM	Jpmorgan Chase & Co	−3,948	65,864	$21,789,787
CSCO	Cisco Systems, Inc.	−3,364	32,433	$3,490,763
ELUT	Elutia Inc.	−2,500	12,050	$9,519
BAC	Bank Of America Corp /De/	−2,423	220,882	$12,022,607
DHR	Danaher Corp /De/	−2,095	24,987	$5,535,869
PINS	Pinterest, Inc.	−1,990	22,225	$419,830
GOOG	Alphabet Inc.	−1,481	81,108	$27,636,739
AAPL	Apple Inc.	−1,329	92,022	$30,645,166
MDLZ	Mondelez International, Inc.	−1,296	100,084	$5,786,856
MRK	Merck & Co., Inc.	−1,094	97,178	$14,120,935
TJX	Tjx Companies Inc /De/	−1,060	115,776	$15,318,322
CMG	Chipotle Mexican Grill Inc	−1,050	27,405	$875,589
VZ	Verizon Communications Inc	−1,022	79,663	$3,654,141
TROW	Price T Rowe Group Inc	−965	5,396	$561,453
MSFT	Microsoft Corp	−847	71,771	$36,811,345
AMZN	Amazon Com Inc	−822	66,094	$16,467,320
INTC	Intel Corp	−812	40,928	$4,920,773
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−798	22,959	$10,473,666
PEP	Pepsico Inc	−762	28,352	$3,592,765
WFC	Wells Fargo & Company/Mn	−750	115,226	$9,223,841
XOM	ExxonMobil Holdings Corp	−739	80,989	$13,180,959
PG	PROCTER & GAMBLE Co	−723	61,665	$8,958,691
No positions match the current search.

New Positions

Positions the filer opened this quarter

7 positions

Ticker	Company	Shares	Value
ELV	Elevance Health, Inc.	4,124	$1,603,493
WRB	Berkley W R Corp	7,385	$498,782
IMTM	iShares MSCI Intl Momentum Factor ETF	6,205	$326,569
AVSC	Avantis U.S. Small Cap Equity ETF	4,554	$314,863
DIHP	Dimensional International High Profitability ETF	7,958	$268,105
VB	Vanguard Index Funds	934	$265,713
VGT	VANGUARD INFORMATION TECHNOLOGY INDEX FUND	1,600	$201,072
No positions match the current search.

Sold Out

Positions the filer fully exited

3 positions

Ticker	Company	Shares	Value
MCD	Mcdonalds Corp	1,155	$312,208
FDX	Fedex Corp	750	$234,847
AVGO	Broadcom Inc.	568	$214,562
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

130 tracked positions · $581,916,354 total · filing declares 131 positions · $583,393 · as of Sep 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 130 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
MSFT	Microsoft Corp Technology	Reduced	71,771	-847	$36,811,345	+35.9%	6.33%
AAPL	Apple Inc. Technology	Reduced	92,022	-1,329	$30,645,166	+13.5%	5.27%
GOOG	Alphabet Inc. Communication Services	Reduced	81,108	-1,481	$27,636,739	−5.3%	4.75%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	65,864	-3,948	$21,789,787	−4.6%	3.74%
GLW	Corning Inc /Ny Technology	Reduced	138,327	-5,380	$21,269,159	−42.1%	3.66%
CAT	Caterpillar Inc Industrials	Reduced	21,389	-412	$17,341,987	−25.3%	2.98%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	66,094	-822	$16,467,320	+3.3%	2.83%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Reduced	115,776	-1,060	$15,318,322	−13.5%	2.63%
MRK	Merck & Co., Inc. Healthcare	Reduced	97,178	-1,094	$14,120,935	+11.8%	2.43%
JNJ	Johnson & Johnson Healthcare	Reduced	53,002	-498	$14,031,749	+3.3%	2.41%
ABBV	AbbVie Inc. Healthcare	Reduced	52,881	-596	$13,833,140	+2.8%	2.38%
XOM	ExxonMobil Holdings Corp Energy	Reduced	80,989	-739	$13,180,959	+18.0%	2.27%
RTX	RTX Corp Industrials	Reduced	68,524	-693	$12,721,480	−3.1%	2.19%
ADP	Automatic Data Processing Inc Technology	Reduced	49,065	-554	$12,661,713	+13.9%	2.18%
CVX	Chevron Corp Energy	Reduced	61,405	-560	$12,539,515	+22.1%	2.15%
BAC	Bank Of America Corp /De/ Financial Services	Reduced	220,882	-2,423	$12,022,607	−5.5%	2.07%
QCOM	Qualcomm Inc/De Technology	Reduced	62,793	-471	$11,556,423	−1.1%	1.99%
EMR	Emerson Electric Co Industrials	Reduced	70,264	-354	$10,897,946	+7.8%	1.87%
CB	Chubb Ltd Financial Services	Reduced	32,740	-271	$10,648,685	−5.3%	1.83%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	22,959	-798	$10,473,666	−7.7%	1.80%
NSC	Norfolk Southern Corp Industrials	Reduced	32,655	-264	$10,090,395	−2.6%	1.73%
TGT	Target Corp Consumer Defensive	Reduced	63,277	-401	$9,914,873	+19.2%	1.70%
LMT	Lockheed Martin Corp Industrials	Reduced	18,128	-69	$9,231,684	−0.4%	1.59%
WFC	Wells Fargo & Company/Mn Financial Services	Reduced	115,226	-750	$9,223,841	−3.8%	1.59%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	61,665	-723	$8,958,691	−2.1%	1.54%
PM	Philip Morris International Inc. Consumer Defensive	Reduced	39,357	-208	$7,510,102	+4.9%	1.29%
NXPI	NXP Semiconductors N.V. Technology	Reduced	31,486	-139	$7,478,869	−15.9%	1.29%
GOOGL	Alphabet Inc. Communication Services	Reduced	20,211	-285	$6,954,200	−5.1%	1.20%
DLR	Digital Realty Trust, Inc. Real Estate	Reduced	38,473	-252	$6,753,165	−2.9%	1.16%
ABT	Abbott Laboratories Healthcare	Reduced	67,951	-367	$6,715,597	+8.3%	1.15%
LLY	ELI LILLY & Co Healthcare	Reduced	5,698	-30	$6,593,041	−4.0%	1.13%
IBM	International Business Machines Corp Technology	Reduced	26,324	-40	$5,789,437	−21.9%	0.99%
MDLZ	Mondelez International, Inc. Consumer Defensive	Reduced	100,084	-1,296	$5,786,856	−1.3%	0.99%
IVV	iShares Core S&P 500 ETF	Added	7,456	+8	$5,710,177	+2.4%	0.98%
DHR	Danaher Corp /De/ Healthcare	Reduced	24,987	-2,095	$5,535,869	+7.3%	0.95%
MDT	Medtronic plc Healthcare	Reduced	61,031	-680	$5,266,364	+9.1%	0.91%
KO	Coca Cola Co Consumer Defensive	Reduced	59,662	-126	$5,135,704	+5.7%	0.88%
INTC	Intel Corp Technology	Reduced	40,928	-812	$4,920,773	−15.6%	0.85%
MMM	3M Co Industrials	Reduced	29,944	-127	$4,915,307	+1.0%	0.84%
CARR	CARRIER GLOBAL Corp Industrials	Reduced	88,006	-583	$4,828,009	−25.7%	0.83%
DUK	Duke Energy CORP Utilities	Reduced	42,166	-224	$4,807,345	−10.4%	0.83%
UPS	United Parcel Service Inc Industrials	Added	48,433	+620	$4,525,579	−12.0%	0.78%
DIA	Spdr Dow Jones Industrial Average ETF Trust	Reduced	8,018	-332	$4,077,553	−6.5%	0.70%
BMY	Bristol Myers Squibb Co Healthcare	Reduced	64,183	-127	$4,005,019	+8.1%	0.69%
DIS	Walt Disney Co Communication Services	Added	36,244	+64	$3,801,995	+9.2%	0.65%
BRK-B	Berkshire Hathaway Inc Financial Services	Held	7,364	0	$3,666,903	−0.5%	0.63%
VZ	Verizon Communications Inc Communication Services	Reduced	79,663	-1,022	$3,654,141	+7.0%	0.63%
PEP	Pepsico Inc Consumer Defensive	Reduced	28,352	-762	$3,592,765	−8.9%	0.62%
CSCO	Cisco Systems, Inc. Technology	Reduced	32,433	-3,364	$3,490,763	−17.0%	0.60%
COF	Capital One Financial Corp Financial Services	Reduced	17,696	-81	$3,416,566	−4.2%	0.59%

Showing the top 50 of 130 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.