ESTABROOK CAPITAL MANAGEMENT

Filed: 2/13/2023ACC: 0001344717-23-000002

📋 What this filing means

ESTABROOK CAPITAL MANAGEMENT filed this quarterly 13F‑HR report disclosing 424 equity positions with a total reported market value of $581.70M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

424

Positions

$581.70M

Total AUM (reported)

7.49M

Total Shares

Allocation by class

COMMON$574.55M98.8%

MUTUAL$4.37M0.8%

PREFERR$2.27M0.4%

UNITS$472.2K0.1%

WARRANT$30.8K0.0%

FOREIGN$10.2K0.0%

OPTION$0.000.0%

Portfolio Concentration

Top 3$107.72M18.5%

4–10$117.61M20.2%

11–25$147.25M25.3%

Rest$209.11M35.9%

Top 3 weight

18.5%

Top 10 weight

38.7%

Voting Authority Distribution

Total shares with voting rights: 7.49M

Sole

Full voting authority

4.43M

% of voting shares59.1%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

3.06M

% of voting shares40.9%

Investment Discretion (by position count)

Sole424

Shared0

Other0

Dominant voting typeSole · 59.1% of voting shares

Institutional Holdings424

Rows:

MICROSOFT CORPORATION

SOLE

COMMON

Shares205.89K

TypeSH

Market value$49.38M

8.49%

Sole

123.25K

Shared

0.00

None

82.64K

APPLE COMPUTER INC

SOLE

COMMON

Shares244.09K

TypeSH

Market value$31.71M

5.45%

Sole

167.01K

Shared

0.00

None

77.07K

J.P. MORGAN CHASE & CO

SOLE

COMMON

Shares198.60K

TypeSH

Market value$26.63M

4.58%

Sole

110.78K

Shared

0.00

None

87.83K

COSTCO WHOLESALE CORP

SOLE

COMMON

Shares44.77K

TypeSH

Market value$20.44M

3.51%

Sole

20.96K

Shared

0.00

None

23.81K

HONEYWELL INTERNATIONAL INC.

SOLE

COMMON

Shares81.96K

TypeSH

Market value$17.56M

3.02%

Sole

37.50K

Shared

0.00

None

44.46K

JOHNSON & JOHNSON

SOLE

COMMON

Shares97.05K

TypeSH

Market value$17.14M

2.95%

Sole

61.89K

Shared

0.00

None

35.16K

CONOCOPHILLIPS

SOLE

COMMON

Shares135.41K

TypeSH

Market value$15.98M

2.75%

Sole

68.79K

Shared

0.00

None

66.63K

PFIZER INC

SOLE

COMMON

Shares308.42K

TypeSH

Market value$15.80M

2.72%

Sole

151.51K

Shared

0.00

None

156.91K

CHEVRON CORPORATION

SOLE

COMMON

Shares87.74K

TypeSH

Market value$15.75M

2.71%

Sole

49.49K

Shared

0.00

None

38.26K

UNION PAC CORP

SOLE

COMMON

Shares72.13K

TypeSH

Market value$14.94M

2.57%

Sole

43.42K

Shared

0.00

None

28.71K

PNC FINANCIAL GROUP

SOLE

COMMON

Shares89.26K

TypeSH

Market value$14.10M

2.42%

Sole

50.95K

Shared

0.00

None

38.31K

MERCK & COMPANY

SOLE

COMMON

Shares107.03K

TypeSH

Market value$11.88M

2.04%

Sole

62.03K

Shared

0.00

None

45K

INTERNATIONAL BUSINESS MACHINE

SOLE

COMMON

Shares80.95K

TypeSH

Market value$11.41M

1.96%

Sole

47.85K

Shared

0.00

None

33.10K

BANK OF AMERICA

SOLE

COMMON

Shares343.25K

TypeSH

Market value$11.37M

1.95%

Sole

201.43K

Shared

0.00

None

141.83K

CISCO SYS INC

SOLE

COMMON

Shares231.73K

TypeSH

Market value$11.04M

1.90%

Sole

135.18K

Shared

0.00

None

96.55K

CHUBB LIMITED COM

SOLE

COMMON

Shares48.16K

TypeSH

Market value$10.62M

1.83%

Sole

28.09K

Shared

0.00

None

20.07K

UNITEDHEALTH GROUP INC

SOLE

COMMON

Shares18.79K

TypeSH

Market value$9.96M

1.71%

Sole

12.29K

Shared

0.00

None

6.50K

FRP HLDGS INC COM

SOLE

COMMON

Shares177.22K

TypeSH

Market value$9.55M

1.64%

Sole

123.18K

Shared

0.00

None

54.04K

EXXON MOBIL CORPORATION

SOLE

COMMON

Shares81.14K

TypeSH

Market value$8.95M

1.54%

Sole

48.20K

Shared

0.00

None

32.94K

MEDTRONIC PLC

SOLE

COMMON

Shares112.79K

TypeSH

Market value$8.77M

1.51%

Sole

67.87K

Shared

0.00

None

44.91K

CITIGROUP INC

SOLE

COMMON

Shares184.68K

TypeSH

Market value$8.35M

1.44%

Sole

88.16K

Shared

0.00

None

96.53K

CORNING INC

SOLE

COMMON

Shares250.70K

TypeSH

Market value$8.01M

1.38%

Sole

146.56K

Shared

0.00

None

104.15K

VERIZON COMMUNICATIONS

SOLE

COMMON

Shares202.83K

TypeSH

Market value$7.99M

1.37%

Sole

113.13K

Shared

0.00

None

89.70K

NORFOLK SOUTHN CORP

SOLE

COMMON

Shares31.39K

TypeSH

Market value$7.74M

1.33%

Sole

16.63K

Shared

0.00

None

14.77K

CANADIAN PAC RY LTD COM

SOLE

COMMON

Shares100.98K

TypeSH

Market value$7.53M

1.29%

Sole

40.98K

Shared

0.00

None

60.01K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
MICROSOFT CORPORATIONSOLE	COMMON	205.89K	SH	$49.38M 8.49%	123.25K	82.64K
APPLE COMPUTER INCSOLE	COMMON	244.09K	SH	$31.71M 5.45%	167.01K	77.07K
J.P. MORGAN CHASE & COSOLE	COMMON	198.60K	SH	$26.63M 4.58%	110.78K	87.83K
COSTCO WHOLESALE CORPSOLE	COMMON	44.77K	SH	$20.44M 3.51%	20.96K	23.81K
HONEYWELL INTERNATIONAL INC.SOLE	COMMON	81.96K	SH	$17.56M 3.02%	37.50K	44.46K
JOHNSON & JOHNSONSOLE	COMMON	97.05K	SH	$17.14M 2.95%	61.89K	35.16K
CONOCOPHILLIPSSOLE	COMMON	135.41K	SH	$15.98M 2.75%	68.79K	66.63K
PFIZER INCSOLE	COMMON	308.42K	SH	$15.80M 2.72%	151.51K	156.91K
CHEVRON CORPORATIONSOLE	COMMON	87.74K	SH	$15.75M 2.71%	49.49K	38.26K
UNION PAC CORPSOLE	COMMON	72.13K	SH	$14.94M 2.57%	43.42K	28.71K
PNC FINANCIAL GROUPSOLE	COMMON	89.26K	SH	$14.10M 2.42%	50.95K	38.31K
MERCK & COMPANYSOLE	COMMON	107.03K	SH	$11.88M 2.04%	62.03K	45K
INTERNATIONAL BUSINESS MACHINESOLE	COMMON	80.95K	SH	$11.41M 1.96%	47.85K	33.10K
BANK OF AMERICASOLE	COMMON	343.25K	SH	$11.37M 1.95%	201.43K	141.83K
CISCO SYS INCSOLE	COMMON	231.73K	SH	$11.04M 1.90%	135.18K	96.55K
CHUBB LIMITED COMSOLE	COMMON	48.16K	SH	$10.62M 1.83%	28.09K	20.07K
UNITEDHEALTH GROUP INCSOLE	COMMON	18.79K	SH	$9.96M 1.71%	12.29K	6.50K
FRP HLDGS INC COMSOLE	COMMON	177.22K	SH	$9.55M 1.64%	123.18K	54.04K
EXXON MOBIL CORPORATIONSOLE	COMMON	81.14K	SH	$8.95M 1.54%	48.20K	32.94K
MEDTRONIC PLCSOLE	COMMON	112.79K	SH	$8.77M 1.51%	67.87K	44.91K
CITIGROUP INCSOLE	COMMON	184.68K	SH	$8.35M 1.44%	88.16K	96.53K
CORNING INCSOLE	COMMON	250.70K	SH	$8.01M 1.38%	146.56K	104.15K
VERIZON COMMUNICATIONSSOLE	COMMON	202.83K	SH	$7.99M 1.37%	113.13K	89.70K
NORFOLK SOUTHN CORPSOLE	COMMON	31.39K	SH	$7.74M 1.33%	16.63K	14.77K
CANADIAN PAC RY LTD COMSOLE	COMMON	100.98K	SH	$7.53M 1.29%	40.98K	60.01K

Page 1 of 17

…