13F COMBINATION REPORT
MORGAN DEMPSEY CAPITAL MANAGEMENT LLC
Quarter ended Q3 2025 · Filed November 14, 2025 · Accession 0001941040-25-000656
Total Value
$225.2M
Positions
159
Other Managers
0
Confidential Omitted
No
Holdings (159)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | CITIGROUP INC | C-PR | 91,552 | $9.3M | 4.13% |
| 2 | AT&T INC | T-PC | 324,514 | $9.2M | 4.07% |
| 3 | WEC ENERGY GROUP INC | WEC | 71,232 | $8.2M | 3.62% |
| 4 | CISCO SYS INC | CSCO | 114,342 | $7.8M | 3.47% |
| 5 | ENTERGY CORP NEW | ENO | 82,866 | $7.7M | 3.43% |
| 6 | EXXON MOBIL CORP | XOM | 68,169 | $7.7M | 3.41% |
| 7 | GENERAL DYNAMICS CORP | GD | 20,307 | $6.9M | 3.07% |
| 8 | WELLS FARGO CO NEW | 949746101 | 82,040 | $6.9M | 3.05% |
| 9 | INTERNATIONAL BUSINESS MACHS | INTR | 24,097 | $6.8M | 3.02% |
| 10 | LOCKHEED MARTIN CORP | LMT | 13,347 | $6.7M | 2.96% |
| 11 | PEMBINA PIPELINE CORP | PPLOF | 163,883 | $6.6M | 2.94% |
| 12 | CHEVRON CORP NEW | CVX | 42,685 | $6.6M | 2.94% |
| 13 | MEDTRONIC PLC | MDT | 67,864 | $6.5M | 2.89% |
| 14 | CUMMINS INC | CMI | 15,258 | $6.4M | 2.86% |
| 15 | COCA COLA CO | KO | 90,430 | $6.0M | 2.68% |
| 16 | VERIZON COMMUNICATIONS INC | VZ | 134,582 | $5.9M | 2.63% |
| 17 | EVERSOURCE ENERGY | ES | 81,245 | $5.8M | 2.57% |
| 18 | DUKE ENERGY CORP NEW | DUKB | 45,928 | $5.7M | 2.52% |
| 19 | SPDR BLMBG 1-3 MTH T-BILL ETF | 78468R663 | 60,349 | $5.5M | 2.46% |
| 20 | SOUTHERN CO | SOMN | 57,844 | $5.5M | 2.43% |
| 21 | PHILIP MORRIS INTL INC | 718172109 | 33,496 | $5.4M | 2.41% |
| 22 | JOHNSON & JOHNSON | JNJ | 29,143 | $5.4M | 2.40% |
| 23 | PRUDENTIAL FINL INC | PUKPF | 51,372 | $5.3M | 2.37% |
| 24 | CROWN CASTLE INC | CCI | 54,626 | $5.3M | 2.34% |
| 25 | MAIN STR CAP CORP | 56035L104 | 81,063 | $5.2M | 2.29% |
| 26 | CME GROUP INC | CME | 16,655 | $4.5M | 2.00% |
| 27 | UNITED PARCEL SERVICE INC | UPS | 52,206 | $4.4M | 1.94% |
| 28 | ONEOK INC NEW | OKE | 58,984 | $4.3M | 1.91% |
| 29 | PFIZER INC | PFE | 166,436 | $4.2M | 1.88% |
| 30 | MERCK & CO INC | MRK | 49,058 | $4.2M | 1.85% |
| 31 | PROCTER AND GAMBLE CO | 742718109 | 24,108 | $3.7M | 1.64% |
| 32 | MCDONALDS CORP | MCD | 11,744 | $3.6M | 1.58% |
| 33 | UNION PAC CORP | UNP | 15,083 | $3.6M | 1.58% |
| 34 | VOYA FINANCIAL INC | VOYA-PB | 45,505 | $3.4M | 1.51% |
| 35 | GENERAL MLS INC | 370334104 | 64,801 | $3.3M | 1.45% |
| 36 | RIO TINTO PLC | RTNTF | 47,944 | $3.2M | 1.41% |
| 37 | STARBUCKS CORP | SBUX | 36,927 | $3.1M | 1.39% |
| 38 | LYONDELLBASELL INDUSTRIES N | LYB | 61,354 | $3.0M | 1.34% |
| 39 | ALEXANDRIA REAL ESTATE EQ IN | 015271109 | 28,541 | $2.4M | 1.07% |
| 40 | MORGAN DEMPSEY LARGE CAP VALUE ETF | 02072L482 | 31,347 | $877,722 | 0.39% |
| 41 | VAALCO ENERGY INC | EGY | 141,146 | $567,407 | 0.25% |
| 42 | BK TECHNOLOGIES CORPORATION | BKTI | 5,062 | $426,611 | 0.19% |
| 43 | DANAOS CORPORATION | DAC | 4,562 | $409,815 | 0.18% |
| 44 | TAT TECHNOLOGIES LTD | TATT | 8,505 | $371,528 | 0.16% |
| 45 | ESPEY MFG & ELECTRS CORP | 296650104 | 8,039 | $317,635 | 0.14% |
| 46 | ULTRA CLEAN HLDGS INC | UCTT | 11,075 | $301,804 | 0.13% |
| 47 | UFP TECHNOLOGIES INC | UFPT | 1,449 | $289,223 | 0.13% |
| 48 | POWELL INDS INC | 739128106 | 942 | $287,131 | 0.13% |
| 49 | MYR GROUP INC DEL | MYRG | 1,218 | $253,390 | 0.11% |
| 50 | ISHARES CORE S&P 500 ETF | 464287200 | 375 | $250,988 | 0.11% |
| 51 | ISHARES SHORT-TERM NATIONAL MUNI BD ETF | 464288158 | 2,080 | $222,102 | 0.10% |
| 52 | FREQUENCY ELECTRS INC | FRQN | 6,578 | $221,952 | 0.10% |
| 53 | OPTEX SYS HLDGS INC | 68384X209 | 16,018 | $206,591 | 0.09% |
| 54 | HAMILTON INSURANCE GROUP LTD | HG | 7,729 | $191,679 | 0.09% |
| 55 | PRO-DEX INC COLO | PDEX | 5,469 | $185,126 | 0.08% |
| 56 | INVESCO S&P 500 EQUAL WEIGHT ETF | IVZ | 970 | $184,092 | 0.08% |
| 57 | NUVEEN ESG LARGE-CAP VALUE ETF | NU | 4,108 | $180,041 | 0.08% |
| 58 | TCW DURABLE GROWTH ETF | 29287L601 | 5,464 | $174,492 | 0.08% |
| 59 | KIMBALL ELECTRONICS INC | KE | 5,809 | $173,398 | 0.08% |
| 60 | SENECA FOODS CORP NEW | SENEM | 1,558 | $168,178 | 0.07% |
| 61 | COHU INC | COHU | 7,609 | $154,691 | 0.07% |
| 62 | CAPITAL GROUP CORE BOND ETF | 14020Y508 | 5,622 | $149,427 | 0.07% |
| 63 | HAWKINS INC | HWKN | 810 | $148,027 | 0.07% |
| 64 | ALPS O'SHARES US SM-CP QUL DIV ETF | 00162Q395 | 3,291 | $147,448 | 0.07% |
| 65 | SPDR S&P 500A(R) ETF | SPY | 214 | $142,684 | 0.06% |
| 66 | VILLAGE SUPER MKT INC | 927107409 | 3,713 | $138,718 | 0.06% |
| 67 | COLUMBIA DIVERSIFIED FIXED INC ALLC ETF | 19761L508 | 6,888 | $127,086 | 0.06% |
| 68 | FLEXSHARES IBOXX 3YR TARGET DUR TIPS ETF | FLEX | 4,926 | $119,855 | 0.05% |
| 69 | MICROSOFT CORP | MSFT | 228 | $118,093 | 0.05% |
| 70 | ISHARES RUSSELL 1000 VALUE ETF | 464287598 | 558 | $113,603 | 0.05% |
| 71 | THE CONSUMER STAPLES SEL SECTSPDR ETF | 81369Y308 | 1,307 | $102,430 | 0.05% |
| 72 | APPLE INC | AAPL | 400 | $101,852 | 0.05% |
| 73 | TRANSCAT INC | TRNS | 1,352 | $98,951 | 0.04% |
| 74 | ISHARES GLOBAL INFRASTRUCTURE ETF | 464288372 | 1,445 | $88,292 | 0.04% |
| 75 | MFS ACTIVE INTERNATIONAL ETF | 55286W405 | 2,954 | $87,261 | 0.04% |
| 76 | ISHARES BITCOIN TRUST ETF | IBIT | 1,285 | $83,525 | 0.04% |
| 77 | BROOKFIELD INFRASTRUCTURE CO | BIPC | 1,993 | $81,943 | 0.04% |
| 78 | ELI LILLY & CO | LLY | 107 | $81,566 | 0.04% |
| 79 | CATERPILLAR INC | CAT | 165 | $78,730 | 0.03% |
| 80 | ATN INTL INC | 00215F107 | 4,977 | $75,874 | 0.03% |
| 81 | FIDELITY WISE ORIGIN BITCOIN FUND | FBTC | 751 | $74,955 | 0.03% |
| 82 | SPDR S&P MIDCAP 400 ETF TRUST | MDY | 125 | $74,706 | 0.03% |
| 83 | SPDR PORTFOLIO TIPS ETF | 78464A656 | 2,734 | $71,947 | 0.03% |
| 84 | ANTERO MIDSTREAM CORP | AM | 3,561 | $69,235 | 0.03% |
| 85 | ISHARES S&P 500 VALUE ETF | 464287408 | 280 | $57,823 | 0.03% |
| 86 | ISHARES EMERGING MARKETS DIVIDEND ETF | 464286319 | 1,839 | $54,592 | 0.02% |
| 87 | KEWAUNEE SCIENTIFIC CORP | 492854104 | 1,231 | $52,542 | 0.02% |
| 88 | ISHARES S&P 500 GROWTH ETF | 464287309 | 400 | $48,288 | 0.02% |
| 89 | INVESCO QQQ TRUST | IVZ | 80 | $48,085 | 0.02% |
| 90 | VISA INC | V | 140 | $47,793 | 0.02% |
| 91 | HARBOR LONG-SHORT EQUITY ETF | 41151J828 | 1,676 | $47,233 | 0.02% |
| 92 | GILEAD SCIENCES INC | GILD | 350 | $38,850 | 0.02% |
| 93 | ISHARES MSCI JAPAN ETF | 46434G822 | 480 | $38,501 | 0.02% |
| 94 | GENERAL DYNAMICS CORP | GD | 100 | $34,100 | 0.02% |
| 95 | BANK AMERICA CORP | 060505104 | 635 | $32,760 | 0.01% |
| 96 | DIREXION AUSPICE BROAD CMDTY STRAT ETF | 25460E307 | 1,056 | $30,339 | 0.01% |
| 97 | PHILLIPS 66 | PSX | 214 | $29,108 | 0.01% |
| 98 | HASBRO INC | HAS | 361 | $27,382 | 0.01% |
| 99 | GLOBAL X US INFRASTRUCTURE DEV ETF | 37954Y673 | 545 | $25,958 | 0.01% |
| 100 | ENBRIDGE INC | ENNPF | 493 | $24,877 | 0.01% |
| 101 | ABBVIE INC | ABBV | 100 | $23,154 | 0.01% |
| 102 | WEC ENERGY GROUP INC | WEC | 200 | $22,918 | 0.01% |
| 103 | EXXON MOBIL CORP | XOM | 200 | $22,550 | 0.01% |
| 104 | VANGUARD FTSE EMERGING MARKETS ETF | 922042858 | 396 | $21,455 | 0.01% |
| 105 | CITIGROUP INC | C-PR | 200 | $20,300 | 0.01% |
| 106 | KRAFT HEINZ CO | KHC | 779 | $20,285 | 0.01% |
| 107 | AT&T INC | T-PC | 700 | $19,768 | 0.01% |
| 108 | ISHARES CORE S&P SMALL-CAP ETF | 464287804 | 162 | $19,250 | 0.01% |
| 109 | ENTERGY CORP NEW | ENO | 200 | $18,638 | 0.01% |
| 110 | JOHNSON & JOHNSON | JNJ | 100 | $18,542 | 0.01% |
| 111 | MONOLITHIC PWR SYS INC | 609839105 | 19 | $17,522 | 0.01% |
| 112 | ISHARES 7-10 YEAR TREASURY BOND ETF | 464287440 | 172 | $16,591 | 0.01% |
| 113 | CHEVRON CORP NEW | CVX | 100 | $15,529 | 0.01% |
| 114 | EMERSON ELEC CO | EMR | 105 | $13,774 | 0.01% |
| 115 | CISCO SYS INC | CSCO | 200 | $13,684 | 0.01% |
| 116 | COCA COLA CO | KO | 200 | $13,264 | 0.01% |
| 117 | VERIZON COMMUNICATIONS INC | VZ | 300 | $13,185 | 0.01% |
| 118 | HONEYWELL INTL INC | 438516106 | 62 | $13,051 | 0.01% |
| 119 | MARA HOLDINGS INC | MARA | 700 | $12,782 | 0.01% |
| 120 | MAIN STR CAP CORP | 56035L104 | 200 | $12,718 | 0.01% |
| 121 | ISHARES CORE MSCI EAFE ETF | 46432F842 | 145 | $12,660 | 0.01% |
| 122 | ISHARES CHINA LARGE-CAP ETF | 464287184 | 304 | $12,507 | 0.01% |
| 123 | DUKE ENERGY CORP NEW | DUKB | 100 | $12,375 | 0.01% |
| 124 | PEMBINA PIPELINE CORP | PPLOF | 300 | $12,139 | 0.01% |
| 125 | TJX COS INC NEW | 872540109 | 83 | $11,997 | 0.01% |
| 126 | ISHARES SELECT DIVIDEND ETF | 464287168 | 75 | $10,658 | 0.00% |
| 127 | PRUDENTIAL FINL INC | PUKPF | 100 | $10,374 | 0.00% |
| 128 | HEICO CORP NEW | HEI-A | 32 | $10,330 | 0.00% |
| 129 | PFIZER INC | PFE | 400 | $10,192 | 0.00% |
| 130 | COSTCO WHSL CORP NEW | 22160K105 | 11 | $10,182 | 0.00% |
| 131 | GENERAL MLS INC | 370334104 | 200 | $10,084 | 0.00% |
| 132 | MONDELEZ INTL INC | 609207105 | 154 | $9,697 | 0.00% |
| 133 | MEDTRONIC PLC | MDT | 100 | $9,595 | 0.00% |
| 134 | SOUTHERN CO | SOMN | 100 | $9,477 | 0.00% |
| 135 | SPDR BLMBG CONVERT SECS ETF | 78464A359 | 100 | $9,050 | 0.00% |
| 136 | MERCK & CO INC | MRK | 100 | $8,474 | 0.00% |
| 137 | STARBUCKS CORP | SBUX | 100 | $8,460 | 0.00% |
| 138 | INTERCONTINENTAL EXCHANGE IN | 45866F104 | 50 | $8,424 | 0.00% |
| 139 | WELLS FARGO CO NEW | 949746101 | 100 | $8,382 | 0.00% |
| 140 | UNITED PARCEL SERVICE INC | UPS | 100 | $8,353 | 0.00% |
| 141 | ABBOTT LABS | ABLZF | 61 | $8,170 | 0.00% |
| 142 | ISHARES IBOXX $ HIGH YIELD CORP BD ETF | 464288513 | 100 | $8,119 | 0.00% |
| 143 | PEPSICO INC | PEP | 54 | $7,584 | 0.00% |
| 144 | VOYA FINANCIAL INC | VOYA-PB | 100 | $7,480 | 0.00% |
| 145 | ONEOK INC NEW | OKE | 100 | $7,297 | 0.00% |
| 146 | EVERSOURCE ENERGY | ES | 100 | $7,114 | 0.00% |
| 147 | RIO TINTO PLC | RTNTF | 100 | $6,601 | 0.00% |
| 148 | JPMORGAN NASDAQ EQUITY PREMIUM INC ETF | 46654Q203 | 108 | $6,223 | 0.00% |
| 149 | THE CIGNA GROUP | 125523100 | 20 | $5,765 | 0.00% |
| 150 | NEXTERA ENERGY INC | NEE-PW | 74 | $5,586 | 0.00% |
| 151 | TARGET CORP | TGT | 57 | $5,113 | 0.00% |
| 152 | LYONDELLBASELL INDUSTRIES N | LYB | 100 | $4,904 | 0.00% |
| 153 | ISHARES RUSSELL 1000 GROWTH ETF | 464287614 | 9 | $4,216 | 0.00% |
| 154 | PINTEREST INC | PINS | 100 | $3,217 | 0.00% |
| 155 | ISHARES 0-3 MONTH TREASURY BOND ETF | 46436E718 | 22 | $2,201 | 0.00% |
| 156 | JPMORGAN EQUITY PREMIUM INCOME ETF | 46641Q332 | 5 | $273 | 0.00% |
| 157 | BARRICK MNG CORP | 06849F108 | 5 | $164 | 0.00% |
| 158 | PERMA-FIX ENVIRONMENTAL SVCS | 714157203 | 1 | $10 | 0.00% |
| 159 | INTELLICHECK INC | IDN | 1 | $2 | 0.00% |