R.m.sincerbeaux Capital Management
New York, NYfiles as R.M.SINCERBEAUX CAPITAL MANAGEMENT LLC
$188m in 39 US stocks at the end of 30 June 2026. The top 10 are 67.9% of the money. It changed about 4.3% of the portfolio this quarter.
Value
$188m
Stocks
39
Top 10 share
67.9%
Turnover
4.3%
What changed this quarter
New
Bought for the first time this quarter.
- FedEx Freight Holding CompanyFDXF0.3% of the fund
Added
Bought more of a stock they already held.
- MicrosoftMSFT8.3% of the fund+3%
Cut
Sold some of their stake.
- QualcommQCOM5.1% of the fund-4%
- International Business MachinesIBM0.6% of the fund-7%
Sold out
Sold their entire stake.
None this quarter.
Holdings
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Williams CompaniesWMB | 10.1% | $19m | 255,723 | Held |
| VisaV | 9.9% | $19m | 54,389 | Held |
| MicrosoftMSFT | 8.3% | $16m | 42,045 | +3% |
| AbbVieABBV | 7.4% | $14m | 55,400 | Held |
| Kinder MorganKMI | 6.5% | $12m | 382,107 | Held |
| Goldman Sachs GroupGS | 5.8% | $11m | 10,854 | Held |
| JPMorgan ChaseJPM | 5.2% | $10m | 29,870 | Held |
| QualcommQCOM | 5.1% | $10m | 51,650 | -4% |
| Bank of AmericaBAC | 5.0% | $9m | 165,577 | Held |
| Automatic Data ProcessingADP | 4.5% | $8m | 37,650 | Held |
| Analog DevicesADI | 3.0% | $6m | 14,367 | Held |
| BoeingBA | 2.6% | $5m | 22,950 | Held |
| Cisco SystemsCSCO | 2.5% | $5m | 39,400 | Held |
| eBayEBAY | 2.2% | $4m | 37,800 | Held |
| Amazon.comAMZN | 2.2% | $4m | 17,700 | Held |
| PayPal HoldingsPYPL | 2.2% | $4m | 94,200 | Held |
| Home DepotHD | 1.7% | $3m | 8,800 | Held |
| Wyndham Hotels & ResortsWH | 1.5% | $3m | 33,400 | Held |
| Coca-ColaKO | 1.5% | $3m | 34,530 | Held |
| Travel & LeisureTNL | 1.3% | $2m | 32,600 | Held |
| CitigroupC | 1.3% | $2m | 17,719 | Held |
| WalmartWMT | 1.2% | $2m | 20,500 | Held |
| FedExFDX | 1.1% | $2m | 6,400 | Held |
| PfizerPFE | 1.0% | $2m | 77,032 | Held |
| Philip Morris InternationalPM | 0.9% | $2m | 9,816 | Held |
| Broadridge Financial SolutionsBR | 0.9% | $2m | 12,900 | Held |
| Altria GroupMO | 0.8% | $2m | 21,032 | Held |
| OneokOKE | 0.6% | $1m | 13,939 | Held |
| International Business MachinesIBM | 0.6% | $1m | 4,273 | -7% |
| Abbott LaboratoriesABT | 0.6% | $1m | 11,433 | Held |
| LindeLIN | 0.4% | $830,304 | 1,600 | Held |
| ChevronCVX | 0.3% | $632,540 | 3,816 | Held |
| ConocoPhillipsCOP | 0.3% | $540,592 | 5,200 | Held |
| FedEx Freight Holding CompanyFDXF | 0.3% | $483,200 | 3,200 | New |
| Lowe's CompaniesLOW | 0.2% | $440,980 | 2,000 | Held |
| AppleAAPL | 0.2% | $409,155 | 1,414 | Held |
| Colgate-PalmoliveCL | 0.2% | $305,478 | 3,332 | Held |
| ViatrisVTRS | 0.1% | $277,265 | 17,460 | Held |
| Procter & GamblePG | 0.1% | $254,567 | 1,736 | Held |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 6.1% since 30 June 2025.
Where the money is
Financial services29.5%
Technology19.8%
Energy17.9%
Industrials9.4%
Retail & consumer9.2%
Health care9.1%
Everyday goods4.8%
Materials0.4%
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.