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Institutional Investment Manager
Tufton Capital Management
Tufton Capital Management (CIK: 0001055963), located at 303 International Circle, Hunt Valley, MD. Institutional holdings reported to the SEC.

Institutional Holdings (2015Q4)
Portfolio Summary: 104 holdings with a total value of $406,391,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 ABBOTT LABS 67,621 3,037,000 0.75%
52 ALTRIA GROUP INC 54,934 3,198,000 0.79%
53 NORDSTROM INC 68,486 3,411,000 0.84%
54 COCA COLA CO 80,605 3,463,000 0.85%
55 UNITED PARCEL SERVICE INC 36,775 3,539,000 0.87%
56 PHILIP MORRIS INTL INC 43,565 3,830,000 0.94%
57 NUCOR CORP 99,612 4,014,000 0.99%
58 MONDELEZ INTL INC 89,617 4,018,000 0.99%
59 VERISK ANALYTICS INC 52,625 4,046,000 1.00%
60 BANK AMER CORP 247,765 4,170,000 1.03%
61 DUKE ENERGY CORP NEW 59,669 4,260,000 1.05%
62 3M CO 28,497 4,293,000 1.06%
63 PEPSICO INC 44,435 4,440,000 1.09%
64 KRAFT HEINZ CO 61,447 4,471,000 1.10%
65 SYSCO CORP 113,547 4,655,000 1.15%
66 GENERAL MTRS CO 143,383 4,876,000 1.20%
67 DISNEY WALT CO 46,762 4,914,000 1.21%
68 QUALCOMM INC 101,153 5,056,000 1.24%
69 BOEING CO 36,394 5,262,000 1.29%
70 ENTERPRISE PRODS PARTNERS L 210,998 5,397,000 1.33%
71 NEWELL BRANDS 124,239 5,476,000 1.35%
72 CATERPILLAR INC 81,537 5,541,000 1.36%
73 COLGATE PALMOLIVE CO 88,837 5,918,000 1.46%
74 AT&T INC 175,397 6,035,000 1.49%
75 CHESAPEAKE UTILS CORP 107,279 6,088,000 1.50%
76 VERIZON COMMUNICATIONS INC 132,561 6,127,000 1.51%
77 HARLEY DAVIDSON INC 135,163 6,135,000 1.51%
78 WASHINGTON REAL ESTATE INVT 230,745 6,244,000 1.54%
79 INTERNATIONAL BUSINESS MACHS 45,723 6,292,000 1.55%
80 CHEVRON CORP NEW 71,621 6,443,000 1.59%
81 AUTOMATIC DATA PROCESSING IN 78,571 6,657,000 1.64%
82 EMERSON ELEC CO 139,868 6,690,000 1.65%
83 BRISTOL MYERS SQUIBB CO 100,225 6,894,000 1.70%
84 CAPITAL ONE FINL CORP 96,368 6,956,000 1.71%
85 UNITED TECHNOLOGIES CORP 73,648 7,075,000 1.74%
86 Chubb Corporation 57,243 7,593,000 1.87%
87 LOCKHEED MARTIN CORP 34,972 7,594,000 1.87%
88 NORFOLK SOUTHERN CORP 90,706 7,673,000 1.89%
89 WELLS FARGO & CO NEW 145,641 7,917,000 1.95%
90 ABBVIE INC 135,566 8,031,000 1.98%
91 DU PONT E I DE NEMOURS & CO 121,317 8,080,000 1.99%
92 CORNING INC 443,358 8,105,000 1.99%
93 ALPHABET INC 10,722 8,137,000 2.00%
94 VANGUARD INTL EQUITY INDEX F 199,467 8,659,000 2.13%
95 PROCTER AND GAMBLE CO 121,161 9,621,000 2.37%
96 JOHNSON & JOHNSON 93,670 9,622,000 2.37%
97 MERCK & CO INC 194,549 10,276,000 2.53%
98 ORACLE CORP 296,558 10,833,000 2.67%
99 INTEL CORP 318,102 10,959,000 2.70%
100 TARGET CORP 151,886 11,028,000 2.71%
Page 2 of 3

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001055963-16-000005, filed 2016.01.19).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.