Dark
Light
System
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 (2016Q4)
Portfolio Summary: 110 holdings with a total value of $492,881,000.
#
Name
Shares
Value ($)
%
Options
Notes
101 ROYAL DUTCH SHELL ADR 4,028 219,000 0.04%
102 AON PLC 1,900 212,000 0.04%
103 CSX CORP 5,800 208,000 0.04%
104 BLONDER TONGUE LABS INC 158,940 75,000 0.02%
105 KRATOS DEFENSE & SEC SOLUTIO 10,000 74,000 0.02%
106 UNI PIXEL INC COM NEW 61,900 61,000 0.01%
107 TERRACO GOLD CORP COM 100,000 9,000 0.00%
108 Quaterra Res Inc 100,700 5,000 0.00%
109 ECOSPHERE TECH INC COM 10,500 0 0.00%
110 KIPS BAY MED INC COM 10,000 0 0.00%
Page 3 of 3

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001055963-17-000001, filed 2017.01.31).

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.