Q3 2026 13F · SEC CIK 1557406

Sippican Capital Advisors

Wealth managerFiled 2026-10-23 for Q3 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $150.4M
Reported positions: 99
Top holdings a year, 3 yrs: +15.6%
Assets under management: $175.0M

Sippican Capital Advisors is a wealth manager that reported 99 positions worth $150.4M in its Q3 2026 13F, filed 2026-10-23. Its largest holdings were Bancorp Inc (TBBK, 4.7%), Ge Aerospace (GE, 3.1%), Triumph Financial Inc (TBK, 2.6%). A portfolio copying its top holdings returned 15.6% a year over the last 3 years, against 20.4% for the S&P 500.

Sippican Capital Advisors holdings largest 50 of 99 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.

Sippican Capital Advisors 13F holdings
Stock	% of 13F value	Q2 2026	Shares	Share change	Reported value
TBBKBancorp Inc	4.7%	5.6%	145,186	-0.6%	$7.0M
GEGe Aerospace	3.1%	3.4%	14,728	-0.4%	$4.6M
TBKTriumph Financial Inc	2.6%	3.3%	65,783	-6.3%	$3.9M
GOOGAlphabet Inc	2.4%	2.3%	10,703	+2.2%	$3.6M
ORCLOracle Corp	2.4%	1.7%	26,017	+38.1%	$3.6M
BMYBristol-Myers Squibb Co	2.4%	2.1%	56,982	-6.1%	$3.6M
XOMExxonmobil Holdings Corp	2.3%	—	20,930	—	$3.4M
ABBVAbbvie Inc	2.2%	2.0%	12,525	-3.3%	$3.3M
ALRSAlerus Finl Corp Com	2.2%	2.1%	103,489	-7.5%	$3.3M
MRKMerck & Co Inc	2.1%	1.7%	21,764	-1.2%	$3.2M
PFEPfizer Inc	2.1%	1.5%	110,167	+7.8%	$3.1M
CVXChevron Corporation	2.1%	1.7%	15,127	-11.0%	$3.1M
LLYEli Lilly & Co	2.0%	2.0%	2,654	-4.2%	$3.1M
EGBNEagle Bancorp Inc MD	2.0%	1.9%	110,365	-0.1%	$3.1M
MMM3m Co	2.0%	1.8%	18,455	-1.1%	$3.0M
AMZNAmazon Com Inc	2.0%	1.7%	12,053	+1.9%	$3.0M
NVRNvr Inc	2.0%	2.0%	485	-0.6%	$3.0M
CUBICustomers Bancorp, Inc.	2.0%	1.9%	39,735	-0.0%	$2.9M
IBMInternational Business Machs	1.9%	1.5%	13,045	+44.6%	$2.9M
IRENIren Limited	1.8%	1.4%	64,975	+32.8%	$2.7M
COLBColumbia Bkg Sys Inc Com	1.6%	2.0%	85,694	-17.2%	$2.5M
MCBMetropolitan Bk Hldg Corp	1.6%	1.7%	27,205	-1.7%	$2.4M
RTXRtx Corporation	1.5%	1.4%	12,215	+0.0%	$2.3M
BRK-BBerkshire Hathaway Inc Del	1.5%	1.3%	4,410	+0.0%	$2.2M
NFLXNetflix Inc.	1.4%	—	31,238	—	$2.2M
FLGFlagstar Bank National Assoc	1.4%	1.6%	180,260	+3.9%	$2.1M
BANCBanc of California Inc	1.4%	1.5%	120,868	-0.4%	$2.1M
IRMIron Mtn Inc Del	1.4%	1.6%	18,526	-10.1%	$2.1M
JPMJpmorgan Chase & Co	1.3%	1.2%	6,130	-1.6%	$2.0M
AAPLApple Inc	1.3%	1.1%	6,074	+1.1%	$2.0M
BWBBridgewater Bancshares Inc.	1.3%	1.2%	96,645	-0.0%	$1.9M
OMFOnemain Hldgs Inc	1.2%	1.2%	32,854	-0.0%	$1.8M
VFCV F Corp	1.2%	1.1%	128,915	+18.6%	$1.8M
FXAIXFidelity Tr 500 Index Ins Prem	1.2%	1.7%	6,697	-38.9%	$1.8M
CATCaterpillar Inc	1.2%	1.4%	2,200	+0.0%	$1.8M
LENLennar Corp	1.1%	1.0%	20,724	+10.2%	$1.7M
GTGoodyear Tire & Rubr Co	1.1%	1.7%	339,780	-19.4%	$1.7M
BLDRBuilders Firstsource Inc	1.1%	—	28,673	—	$1.6M
GEVGe Vernova Inc	1.0%	1.2%	1,595	-3.6%	$1.5M
DEDeere & Co	1.0%	0.9%	2,230	+0.0%	$1.5M
QCRHQcr Hldgs Inc	1.0%	0.9%	14,930	-0.2%	$1.5M
LMTLockheed Martin Corp	1.0%	0.9%	2,836	-0.0%	$1.4M
CASHPathward Financial Inc	1.0%	1.1%	20,134	-0.0%	$1.4M
FANGDiamondback Energy Inc	0.9%	0.9%	7,716	-8.7%	$1.4M
MYFWFirst Western Financial	0.9%	0.9%	46,475	+0.0%	$1.4M
DVNDevon Energy Corp New	0.9%	0.9%	29,791	-14.2%	$1.4M
KMIKinder Morgan Inc Del	0.9%	0.9%	44,469	-3.9%	$1.3M
PRUFXPrice T Rowe Growth Stock Fund	0.9%	0.8%	11,715	+0.0%	$1.3M
EOGEog Res Inc	0.9%	0.9%	9,487	-14.4%	$1.3M
MTHMeritage Homes Corp (MTH)	0.9%	1.0%	20,623	+6.6%	$1.3M

What Sippican Capital Advisors 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

IBM International Business Machs+44.6% shares
ORCL Oracle Corp+38.1% shares
IREN Iren Limited+32.8% shares
VFC V F Corp+18.6% shares
LEN Lennar Corp+10.2% shares
PFE Pfizer Inc+7.8% shares
MTH Meritage Homes Corp (MTH)+6.6% shares

Reduced

FXAIX Fidelity Tr 500 Index Ins Prem-38.9% shares
GT Goodyear Tire & Rubr Co-19.4% shares
COLB Columbia Bkg Sys Inc Com-17.2% shares
EOG Eog Res Inc-14.4% shares
DVN Devon Energy Corp New-14.2% shares
CVX Chevron Corporation-11.0% shares
IRM Iron Mtn Inc Del-10.1% shares
FANG Diamondback Energy Inc-8.7% shares

Left the top 50

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: +20.4% /yr; S&P 500 +20.1%
3 years: +15.6% /yr; S&P 500 +20.4%
5 years: +15.9% /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	$150.4M	99
Q2 2026	$163.9M	111
Q1 2026	$146.1M	107
Q4 2025	$155.6M	113
Q3 2025	$151.3M	114
Q2 2025	$137.7M	112
Q1 2025	$132.7M	109
Q4 2024	$137.3M	112
Q3 2024	$143.3M	113
Q2 2024	$126.4M	113
Q1 2024	$128.6M	114
Q4 2023	$127.5M	117

Questions about Sippican Capital Advisors's portfolio

What stocks does Sippican Capital Advisors own?

Sippican Capital Advisors's latest 13F, for Q3 2026 and filed Oct 23, 2026, lists 99 positions worth $150.4M. The largest are Bancorp Inc (TBBK) at 4.7%, Ge Aerospace (GE) at 3.1%, Triumph Financial Inc (TBK) at 2.6%, Alphabet Inc (GOOG) at 2.4% and Oracle Corp (ORCL) at 2.4%.

What did Sippican Capital Advisors buy last quarter?

In Q3 2026, Sippican Capital Advisors added International Business Machs (IBM) (+44.6% shares), Oracle Corp (ORCL) (+38.1% shares) and Iren Limited (IREN) (+32.8% shares), compared with its Q2 2026 filing.

What did Sippican Capital Advisors sell last quarter?

In Q3 2026, Sippican Capital Advisors cut from its top 50 Exxon Mobil Corp (XOM), cut from its top 50 Terawulf Inc (WULF), cut from its top 50 Cipher Digital Inc (CIFR), Fidelity Tr 500 Index Ins Prem (FXAIX) (-38.9% shares), Goodyear Tire & Rubr Co (GT) (-19.4% shares) and Columbia Bkg Sys Inc Com (COLB) (-17.2% shares), compared with its Q2 2026 filing.

How has Sippican Capital Advisors's portfolio performed?

A portfolio copying Sippican Capital Advisors's 20 largest 13F holdings each quarter, from the day each filing was public, returned +15.6% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +20.4% against +20.1%. Over 5 years: +15.9% a year against +11.6%.

When is Sippican Capital Advisors's next 13F filing due?

13F filings are due 45 days after each quarter ends. Sippican Capital Advisors'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 Sippican Capital Advisors manage?

Sippican Capital Advisors reported $175.0M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $150.4M.