Institutional Manager · CIK 0001426774
R.M.SINCERBEAUX CAPITAL MANAGEMENT LLC
New York, NY · File #028-12784
Latest AUM
$178.7M
Positions
38
Top-10 Concentration
69.9%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| REDUCE | MICROSOFT CORP | MSFT | -4,630 | -$2.2M | -$1.5M |
| REDUCE | WILLIAMS COS INC | 969457100 | -31,360 | -$1.9M | -$932,740 |
| EXITED | ELI LILLY & CO | 532457108 | -2,100 | -$1.6M | $0 |
| REDUCE | VISA INC | V | -2,572 | -$902,026 | +$539,843 |
| ADD | PAYPAL HLDGS INC | PYPL | +13,600 | +$793,968 | -$295,988 |
| REDUCE | BOEING CO | BA-PA | -500 | -$108,560 | +$30,250 |
| REDUCE | ABBOTT LABS | ABLZF | 0 | $0 | -$98,895 |
| REDUCE | ABBVIE INC | ABBV | 0 | $0 | -$168,970 |
| REDUCE | ALTRIA GROUP INC | MO | 0 | $0 | -$176,669 |
| REDUCE | AMAZON COM INC | AMZN | 0 | $0 | +$191,250 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202538 pos · $178.7M
- 13F HOLDINGS REPORTQ/E Sep 202539 pos · $186.0M
- 13F HOLDINGS REPORTQ/E Jun 202538 pos · $177.3M
- 13F HOLDINGS REPORTQ/E Mar 202539 pos · $169.3M
- 13F HOLDINGS REPORTQ/E Dec 202438 pos · $166.6M
- 13F HOLDINGS REPORTQ/E Sep 202437 pos · $161.0M
- 13F HOLDINGS REPORTQ/E Jun 202437 pos · $152.2M
- 13F HOLDINGS REPORTQ/E Mar 202440 pos · $157.5M
- 13F HOLDINGS REPORTQ/E Dec 202341 pos · $131.1M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | MICROSOFT CORP | MSFT | 40,445 | $19.6M | 10.94% |
| 2 | VISA INC | V | 55,289 | $19.4M | 10.85% |
| 3 | WILLIAMS COS INC | 969457100 | 256,523 | $15.4M | 8.63% |
| 4 | ABBVIE INC | ABBV | 55,400 | $12.7M | 7.08% |
| 5 | KINDER MORGAN INC DEL | EP-PC | 384,107 | $10.6M | 5.91% |
| 6 | AUTOMATIC DATA PROCESSING IN | ADP | 37,650 | $9.7M | 5.42% |
| 7 | JPMORGAN CHASE & CO. | VYLD | 29,870 | $9.6M | 5.38% |
| 8 | GOLDMAN SACHS GROUP INC | GSCE | 10,854 | $9.5M | 5.34% |
| 9 | QUALCOMM INC | QCOM | 54,700 | $9.4M | 5.23% |
| 10 | BANK AMERICA CORP | 060505104 | 165,577 | $9.1M | 5.09% |
| 11 | BOEING CO | BA-PA | 22,950 | $5.0M | 2.79% |
| 12 | AMAZON COM INC | AMZN | 17,000 | $3.9M | 2.20% |
| 13 | ANALOG DEVICES INC | ADI | 14,367 | $3.9M | 2.18% |
| 14 | EBAY INC. | EBAY | 38,000 | $3.3M | 1.85% |
| 15 | CISCO SYS INC | CSCO | 41,100 | $3.2M | 1.77% |
| 16 | HOME DEPOT INC | HD | 8,800 | $3.0M | 1.69% |
| 17 | BROADRIDGE FINL SOLUTIONS IN | 11133T103 | 12,900 | $2.9M | 1.61% |
| 18 | WALMART INC | WMT | 25,500 | $2.8M | 1.59% |
| 19 | PAYPAL HLDGS INC | PYPL | 47,700 | $2.8M | 1.56% |
| 20 | WYNDHAM HOTELS & RESORTS INC | WH | 33,400 | $2.5M | 1.41% |