Garland Capital Management
BELLEVUE, WAfiles as GARLAND CAPITAL MANAGEMENT INC
$7m in 21 US stocks at the end of 30 September 2025. The top 10 are 61.6% of the money. It changed about 24.3% of the portfolio this quarter.
Value
$7m
Stocks
21
Top 10 share
61.6%
Turnover
24.3%
What changed this quarter
New
Bought for the first time this quarter.
None this quarter.
Added
Bought more of a stock they already held.
None this quarter.
Cut
Sold some of their stake.
- JPMorgan ChaseJPM8.2% of the fund-77%
- Bank of New York MellonBNY8.1% of the fund-73%
- AbbVieABBV6.9% of the fund-77%
- RTXRTX6.4% of the fund-71%
- International Business MachinesIBM6.1% of the fund-73%
- Novartis AGNVS5.6% of the fund-72%
- Cisco SystemsCSCO5.3% of the fund-75%
- Alexandria Real Estate EquitiesARE5.1% of the fund-60%
- PepsiCoPEP5.0% of the fund-69%
- Vanguard Index FDSVTV4.9% of the fund-30%
- Procter & GamblePG4.7% of the fund-75%
- Johnson & JohnsonJNJ4.5% of the fund-74%
- MerckMRK4.1% of the fund-74%
- Prudential FinancialPRU4.0% of the fund-74%
- MedtronicMDT3.9% of the fund-75%
- PrologisPLD3.8% of the fund-68%
- American Electric PowerAEP3.5% of the fund-77%
- TotalEnergies SETTE3.2% of the fund-72%
- ChevronCVX3.0% of the fund-78%
- Vanguard Index FDSVNQ0.7% of the fund-37%
Sold out
Sold their entire stake.
- WelltowerWELL-100%
- Travelers CompaniesTRV-100%
- Northern TrustNTRS-100%
- Rockwell AutomationROK-100%
- United Parcel ServiceUPS-100%
- ComcastCMCSA-100%
- PfizerPFE-100%
- Vanguard Index FDSVOO-100%
Holdings
- Vanguard Index FDSVTV
- Share
- 4.9%
- Value
- $354,145
- Shares
- 1,899
-30%
- Vanguard Index FDSVNQ
- Share
- 0.7%
- Value
- $47,904
- Shares
- 524
-37%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| JPMorgan ChaseJPM | 8.2% | $596,163 | 1,890 | -77% |
| Bank of New York MellonBNY | 8.1% | $591,108 | 5,425 | -73% |
| AbbVieABBV | 6.9% | $500,126 | 2,160 | -77% |
| RTXRTX | 6.4% | $468,524 | 2,800 | -71% |
| International Business MachinesIBM | 6.1% | $442,991 | 1,570 | -73% |
| Novartis AGNVS | 5.6% | $406,521 | 3,170 | -72% |
| Cisco SystemsCSCO | 5.3% | $388,284 | 5,675 | -75% |
| Alexandria Real Estate EquitiesARE | 5.1% | $367,529 | 4,410 | -60% |
| PepsiCoPEP | 5.0% | $360,931 | 2,570 | -69% |
| Vanguard Index FDSVTV | 4.9% | $354,145 | 1,899 | -30% |
| Procter & GamblePG | 4.7% | $341,871 | 2,225 | -75% |
| Johnson & JohnsonJNJ | 4.5% | $325,412 | 1,755 | -74% |
| MerckMRK | 4.1% | $301,309 | 3,590 | -74% |
| Prudential FinancialPRU | 4.0% | $287,879 | 2,775 | -74% |
| MedtronicMDT | 3.9% | $283,815 | 2,980 | -75% |
| PrologisPLD | 3.8% | $273,703 | 2,390 | -68% |
| American Electric PowerAEP | 3.5% | $250,875 | 2,230 | -77% |
| TotalEnergies SETTE | 3.2% | $231,896 | 3,885 | -72% |
| Park Hotels & ResortsPK | 3.2% | $229,910 | 20,750 | Held |
| ChevronCVX | 3.0% | $218,182 | 1,405 | -78% |
| Vanguard Index FDSVNQ | 0.7% | $47,904 | 524 | -37% |
Over time and by industry
Value over time
Sep '25
Value is down 76.9% since 30 June 2025.
Where the money is
Health care25.0%
Financial services20.3%
Real estate12.0%
Technology11.4%
Everyday goods9.7%
Industrials6.4%
Energy6.2%
Utilities3.5%
Other5.5%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.