Sippican Capital Advisors

Q4 2025 13F-HR Holdings

Location
Boston, MA
Holdings as of
12/31/2025
Date filed
1/23/2026
Form type
13F-HR
Num holdings
113
Total value ($000)
$155,629
Net value change ($000)
+4,361 (2.9%)
New positions
4
Sold out positions
5
Turnover %
2.0%
Sector allocation + QoQ delta (equities-only)
Prev filing: 10/27/2025 Next filing: 4/23/2026 SEC filing

Snapshot: Change Analysis

Compared to Q3 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
BOXX 2,438 121.4%
EGBN 1,350 176.7%
TFIN 1,148 33.6%
FLG 1,014 118.0%
AMZN 997 329.0%
GT 991 55.7%
LLY 810 33.6%
GOOGL 741 28.9%
BMY 729 27.8%
CIFR 515 195.1%
Top Reduces (Value $000, Stocks/ETFs)
TBBK -1,192 -10.3%
C -1,162 -41.2%
DVA -944 -71.5%
VBTX -894 -100.0%
MOFG -866 -46.7%
GEHC -698 -100.0%
LKFN -540 -35.5%
IRM -468 -19.5%
VMC -421 -100.0%
LEN -408 -18.9%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
Filter:
Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type