Estabrook Capital Management
Long book
$685.3M
Q1 2026
Positions
380
Top-10 weight
42%
concentration
Last quarter
+10.4%
SPY +14.8%
Turnover
16%
of book per quarter
Strategy in plain words
auto-generated from filingsEstabrook Capital Management is an institutional manager, running a $685.3M US long book across 380 positions.
The portfolio is moderately concentrated (top 10 ≈ 42% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: MICROSOFT CORP, JPMORGAN CHASE & CO, APPLE INC, COSTCO WHOLESALE CORP, JOHNSON & JOHNSON.
Over the last 9 quarters its long book ran on average 0.3pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+2.4%
Q2 2024
+5.5%
Q3 2024
+0.3%
Q4 2024
-0.3%
Q1 2025
+7.2%
Q2 2025
+7.2%
Q3 2025
+3.0%
Q4 2025
+1.8%
Q1 2026
+10.4%
Sector allocation
Technology 27%
Financials 21%
Industrials 15%
Healthcare 11%
Consumer discretionary 8%
Energy 7%
Utilities 4%
Communications 2%
Long book by quarter
What does Estabrook Capital own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| MSFT MICROSOFT CORP | Technology | 151.1K | $55.9M | 8.2% | -0.8% |
| JPM JPMORGAN CHASE & CO | Financials | 162.3K | $47.7M | 7.0% | -0.5% |
| AAPL APPLE INC | Technology | 179.6K | $45.6M | 6.7% | -0.8% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 33.0K | $32.9M | 4.8% | -0.3% |
| JNJ JOHNSON & JOHNSON | Healthcare | 89.9K | $22.0M | 3.2% | -0.3% |
| GOOGL ALPHABET INC-CL A | Technology | 69.0K | $19.8M | 2.9% | -0.7% |
| CVX CHEVRON CORP | Energy | 79.7K | $16.5M | 2.4% | -0.7% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 66.9K | $16.2M | 2.4% | -1.9% |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 69.8K | $15.8M | 2.3% | -0.2% |
| C CITIGROUP INC | Financials | 137.0K | $15.5M | 2.3% | -0.2% |
| COP CONOCOPHILLIPS | Energy | 115.6K | $15.3M | 2.2% | -0.4% |
| PNC PNC FINANCIAL SERVICES GROUP | Financials | 71.4K | $14.9M | 2.2% | -0.3% |
| UNP UNION PACIFIC CORP | Industrials | 58.0K | $14.1M | 2.1% | -0.3% |
| BAC BANK OF AMERICA CORP | Financials | 286.9K | $14.0M | 2.0% | 0.0% |
| CSCO CISCO SYSTEMS INC | Technology | 176.6K | $13.7M | 2.0% | -2.0% |
| CB CHUBB LTD | Financials | 41.8K | $13.6M | 2.0% | -0.6% |
| XOM EXXON MOBIL CORP | Energy | 74.1K | $12.6M | 1.8% | -0.3% |
| MRK MERCK & CO. INC. | Healthcare | 98.2K | $11.8M | 1.7% | +0.1% |
| WMB WILLIAMS COS INC | Utilities | 159.0K | $11.6M | 1.7% | -1.6% |
| GLW CORNING INC | Industrials | 78.9K | $10.7M | 1.6% | -24.7% |
| PFE PFIZER INC | Healthcare | 329.8K | $9.3M | 1.4% | +18.9% |
| WFC WELLS FARGO & CO | Financials | 115.4K | $9.2M | 1.3% | -0.5% |
| WMT WALMART INC | Consumer discretionary | 73.1K | $9.1M | 1.3% | -0.5% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 179.4K | $9.0M | 1.3% | -0.2% |
| GE GENERAL ELECTRIC | Industrials | 31.7K | $9.0M | 1.3% | -0.9% |
| ETN EATON CORP PLC | Industrials | 25.1K | $9.0M | 1.3% | 0.0% |
| GEV GE VERNOVA INC | Industrials | 10.3K | $9.0M | 1.3% | -1.2% |
| CP CANADIAN PACIFIC KANSAS CITY | Industrials | 95.8K | $7.5M | 1.1% | Held |
| DUK DUKE ENERGY CORP | Utilities | 57.4K | $7.5M | 1.1% | -0.2% |
| MDT MEDTRONIC PLC | Healthcare | 84.5K | $7.3M | 1.1% | -4.8% |
| T AT&T INC | Communications | 243.5K | $7.1M | 1.0% | +14.4% |
| AMGN AMGEN INC | Healthcare | 18.8K | $6.6M | 1.0% | -0.2% |
| AFL AFLAC INC | Financials | 58.5K | $6.4M | 0.9% | -2.7% |
| NSC NORFOLK SOUTHERN CORP | Industrials | 21.4K | $6.2M | 0.9% | -0.3% |
| NOC NORTHROP GRUMMAN CORP | Technology | 8.8K | $6.0M | 0.9% | Held |
| AMZN AMAZON.COM INC | Consumer discretionary | 28.9K | $6.0M | 0.9% | +2.0% |
| BNY BANK OF NEW YORK MELLON CORP | Financials | 48.8K | $5.8M | 0.8% | -1.4% |
| HD HOME DEPOT INC | Consumer discretionary | 16.1K | $5.3M | 0.8% | 0.0% |
| GOOG ALPHABET INC-CL C | Technology | 17.2K | $4.9M | 0.7% | -0.2% |
| CTVA CORTEVA INC | Consumer staples | 52.3K | $4.4M | 0.6% | -0.4% |
| NEE NEXTERA ENERGY INC | Utilities | 45.8K | $4.3M | 0.6% | -0.7% |
| RTX RTX CORP | Industrials | 21.5K | $4.2M | 0.6% | -0.3% |
| DOV DOVER CORP | Industrials | 19.1K | $4.0M | 0.6% | 0.0% |
| PG PROCTER & GAMBLE CO/THE | Other | 27.2K | $3.9M | 0.6% | +0.3% |
| PEP PEPSICO INC | Consumer staples | 23.4K | $3.6M | 0.5% | +0.2% |
| RNR RENAISSANCERE HOLDINGS LTD | Financials | 12.0K | $3.6M | 0.5% | -0.8% |
| SLB SLB LTD | Energy | 68.7K | $3.5M | 0.5% | -0.1% |
| LLY ELI LILLY & CO | Healthcare | 3.8K | $3.5M | 0.5% | +0.2% |
| USB US BANCORP | Financials | 65.7K | $3.4M | 0.5% | +0.3% |
| MDLZ MONDELEZ INTERNATIONAL INC-A | Consumer staples | 59.1K | $3.4M | 0.5% | -0.1% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 14, 2026 | 380 | $685.3M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 13, 2026 | 327 | $681.1M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 10, 2025 | 328 | $686.1M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 13, 2025 | 331 | $649.6M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 14, 2025 | 330 | $619.0M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 13, 2025 | 348 | $648.6M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 13, 2024 | 360 | $670.7M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 13, 2024 | 350 | $649.7M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 14, 2024 | 358 | $647.3M | canonical | SEC ↗ |
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