R.M.SINCERBEAUX CAPITAL MANAGEMENT LLC

CIK

1426774

Location

New York, NY

Portfolio Value

Micro $8,719,357

Diversification

Diversified

Filing Date

Global Rank

#4,550 / 8,588 ▲ 30

Top Industry

Oil & Gas Midstream 19.1%

3Y Alpha vs SPY

-0.2%

Period ended 3 months ago

Filed May 12, 2026 · 36d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+75.8%

SPY

+76.8%

Annualised alpha

-0.2%

Max drawdown

−16.3%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

38 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

10.9%

−0.1 pts

Top 5

43.9%

+0.5 pts

Top 10

67.6%

−2.3 pts

HHI

562

Diversified−21

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Financial Services	28.6%	$49,021,536	6
Technology	23.8%	$40,862,913	8
Energy	19.9%	$34,159,442	5
Healthcare	9.1%	$15,621,714	4
Consumer Cyclical	9.0%	$15,480,607	6
Consumer Defensive	5.1%	$8,719,357	6
Industrials	4.0%	$6,847,290	2
Basic Materials	0.5%	$793,216	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

3 positions

Ticker	Company	Δ Shares	Shares	Value
PYPL	PayPal Holdings, Inc.	+46,500	94,200	$4,260,666
AMZN	Amazon Com Inc	+700	17,700	$3,686,379
MSFT	Microsoft Corp	+365	40,810	$15,106,637
No positions match the current search.

Trimmed

Positions the filer reduced

6 positions

Ticker	Company	Δ Shares	Shares	Value
WMT	Walmart Inc.	−5,000	20,500	$2,547,740
KMI	Kinder Morgan, Inc.	−2,000	382,107	$12,812,047
CSCO	Cisco Systems, Inc.	−1,700	39,400	$3,057,046
QCOM	Qualcomm Inc/De	−1,000	53,700	$6,915,486
WMB	Williams Companies, Inc.	−800	255,723	$18,611,519
CVX	Chevron Corp	−100	3,816	$789,530
No positions match the current search.

New Positions

Positions the filer opened this quarter

No qualifying positions this quarter.

Sold Out

Positions the filer fully exited

No qualifying positions this quarter.

Portfolio Positions

Compact Export CSV View 13F filing

6 positions · $8,719,357 total · Consumer Defensive only · as of Mar 31, 2026

All sectors Basic Materials Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
PG	PROCTER & GAMBLE Co Consumer Defensive	Held	1,736	0	$250,747	+0.8%	2.88%
CL	Colgate Palmolive Co Consumer Defensive	Held	3,332	0	$283,986	+7.9%	3.26%
MO	Altria Group, Inc. Consumer Defensive	Held	21,032	0	$1,387,901	+14.4%	15.92%
PM	Philip Morris International Inc. Consumer Defensive	Held	9,816	0	$1,622,977	+3.1%	18.61%
WMT	Walmart Inc. Consumer Defensive	Reduced	20,500	-5,000	$2,547,740	−10.3%	29.22%
KO	Coca Cola Co Consumer Defensive	Held	34,530	0	$2,626,006	+8.8%	30.12%