R.M.SINCERBEAUX CAPITAL MANAGEMENT LLC Long-Term Concentrated

Location: New York, NY

CIK: 0001426774 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Feb 17, 2026

Total Value: $179M (100.0% shares, 0.0% debt)

Holdings (38)

MSFT MICROSOFT CORP 10.9%

Value $19.56M Shares 40,445 Est. Cost $39.76 Unrealized +1159.1%

V VISA INC 10.8%

Value $19.39M Shares 55,289 Est. Cost $64.31 Unrealized +429.3%

WMB WILLIAMS COS INC 8.6%

Value $15.42M Shares 256,523 Est. Cost $16.11 Unrealized +272.7%

ABBV ABBVIE INC 7.1%

Value $12.66M Shares 55,400 Est. Cost $40.61 Unrealized +460.3%

KMI KINDER MORGAN INC DEL 5.9%

Value $10.56M Shares 384,107 Est. Cost $14.28 Unrealized +88.4%

ADP AUTOMATIC DATA PROCESSING IN 5.4%

Value $9.685M Shares 37,650 Est. Cost $54.34 Unrealized +387.4%

JPM JPMORGAN CHASE & CO. 5.4%

Value $9.625M Shares 29,870 Est. Cost $41.08 Unrealized +653.4%

GS GOLDMAN SACHS GROUP INC 5.3%

Value $9.541M Shares 10,854 Est. Cost $190.34 Unrealized +327.3%

QCOM QUALCOMM INC 5.2%

Value $9.356M Shares 54,700 Est. Cost $51.46 Unrealized +231.9%

BAC BANK AMERICA CORP 5.1%

Value $9.107M Shares 165,577 Est. Cost $11.74 Unrealized +348.8%

BA BOEING CO 2.8%

Value $4.983M Shares 22,950 Est. Cost $191.48 Unrealized +7.4%

AMZN AMAZON COM INC 2.2%

Value $3.924M Shares 17,000 Est. Cost $217.00 Unrealized +5.4%

ADI ANALOG DEVICES INC 2.2%

Value $3.896M Shares 14,367 Est. Cost $66.43 Unrealized +277.3%

EBAY EBAY INC. 1.9%

Value $3.31M Shares 38,000 Est. Cost $19.85 Unrealized +335.1%

CSCO CISCO SYS INC 1.8%

Value $3.166M Shares 41,100 Est. Cost $15.20 Unrealized +385.4%

HD HOME DEPOT INC 1.7%

Value $3.028M Shares 8,800 Est. Cost $97.35 Unrealized +274.5%

BR BROADRIDGE FINL SOLUTIONS IN 1.6%

Value $2.879M Shares 12,900 Est. Cost $28.99 Unrealized +684.1%

WMT WALMART INC 1.6%

Value $2.841M Shares 25,500 Est. Cost $46.74 Unrealized +129.4%

PYPL PAYPAL HLDGS INC 1.6%

Value $2.785M Shares 47,700 Est. Cost $45.31 Unrealized +43.1%

WH WYNDHAM HOTELS & RESORTS INC 1.4%

Value $2.524M Shares 33,400 Est. Cost $60.68 Unrealized +24.3%

KO COCA COLA CO 1.4%

Value $2.414M Shares 34,530 Est. Cost $28.27 Unrealized +145.5%

TNL TRAVEL PLUS LEISURE CO 1.3%

Value $2.299M Shares 32,600 Est. Cost $44.69 Unrealized +45.7%

C CITIGROUP INC 1.2%

Value $2.068M Shares 17,719 Est. Cost $37.74 Unrealized +174.6%

PFE PFIZER INC 1.1%

Value $1.918M Shares 77,032 Est. Cost $22.26 Unrealized +12.5%

FDX FEDEX CORP 1.0%

Value $1.849M Shares 6,400 Est. Cost $181.12 Unrealized +44.4%

PM PHILIP MORRIS INTL INC 0.9%

Value $1.574M Shares 9,816 Est. Cost $59.25 Unrealized +159.2%

ABT ABBOTT LABS 0.8%

Value $1.432M Shares 11,433 Est. Cost $32.69 Unrealized +289.4%

IBM INTERNATIONAL BUSINESS MACHS 0.8%

Value $1.355M Shares 4,573 Est. Cost $116.16 Unrealized +157.2%

MO ALTRIA GROUP INC 0.7%

Value $1.213M Shares 21,032 Est. Cost $24.99 Unrealized +137.6%

OKE ONEOK INC NEW 0.6%

Value $1.025M Shares 13,939 Est. Cost $57.97 Unrealized +21.5%

LIN LINDE PLC 0.4%

Value $682K Shares 1,600 Est. Cost $322.30 Unrealized +32.6%

CVX CHEVRON CORP NEW 0.3%

Value $597K Shares 3,916 Est. Cost $75.22 Unrealized +101.3%

COP CONOCOPHILLIPS 0.3%

Value $487K Shares 5,200 Est. Cost $30.72 Unrealized +193.0%

LOW LOWES COS INC 0.3%

Value $482K Shares 2,000 Est. Cost $103.31 Unrealized +132.1%

AAPL APPLE INC 0.2%

Value $384K Shares 1,414 Est. Cost $160.95 Unrealized +66.7%

CL COLGATE PALMOLIVE CO 0.1%

Value $263K Shares 3,332 Est. Cost $48.40 Unrealized +61.8%

PG PROCTER AND GAMBLE CO 0.1%

Value $249K Shares 1,736 Est. Cost $101.53 Unrealized +45.0%

VTRS VIATRIS INC 0.1%

Value $217K Shares 17,460 Est. Cost $12.42 Unrealized -13.7%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	MICROSOFT CORP	40,445	$19.56M	10.9%	$39.76	+1159.1%	COM	594918104
V	VISA INC	55,289	$19.39M	10.8%	$64.31	+429.3%	COM CL A	92826C839
WMB	WILLIAMS COS INC	256,523	$15.42M	8.6%	$16.11	+272.7%	COM	969457100
ABBV	ABBVIE INC	55,400	$12.66M	7.1%	$40.61	+460.3%	COM	00287Y109
KMI	KINDER MORGAN INC DEL	384,107	$10.56M	5.9%	$14.28	+88.4%	COM	49456B101
ADP	AUTOMATIC DATA PROCESSING IN	37,650	$9.685M	5.4%	$54.34	+387.4%	COM	053015103
JPM	JPMORGAN CHASE & CO.	29,870	$9.625M	5.4%	$41.08	+653.4%	COM	46625H100
GS	GOLDMAN SACHS GROUP INC	10,854	$9.541M	5.3%	$190.34	+327.3%	COM	38141G104
QCOM	QUALCOMM INC	54,700	$9.356M	5.2%	$51.46	+231.9%	COM	747525103
BAC	BANK AMERICA CORP	165,577	$9.107M	5.1%	$11.74	+348.8%	COM	060505104
BA	BOEING CO	22,950	$4.983M	2.8%	$191.48	+7.4%	COM	097023105
AMZN	AMAZON COM INC	17,000	$3.924M	2.2%	$217.00	+5.4%	COM	023135106
ADI	ANALOG DEVICES INC	14,367	$3.896M	2.2%	$66.43	+277.3%	COM	032654105
EBAY	EBAY INC.	38,000	$3.31M	1.9%	$19.85	+335.1%	COM	278642103
CSCO	CISCO SYS INC	41,100	$3.166M	1.8%	$15.20	+385.4%	COM	17275R102
HD	HOME DEPOT INC	8,800	$3.028M	1.7%	$97.35	+274.5%	COM	437076102
BR	BROADRIDGE FINL SOLUTIONS IN	12,900	$2.879M	1.6%	$28.99	+684.1%	COM	11133T103
WMT	WALMART INC	25,500	$2.841M	1.6%	$46.74	+129.4%	COM	931142103
PYPL	PAYPAL HLDGS INC	47,700	$2.785M	1.6%	$45.31	+43.1%	COM	70450Y103
WH	WYNDHAM HOTELS & RESORTS INC	33,400	$2.524M	1.4%	$60.68	+24.3%	COM	98311A105
KO	COCA COLA CO	34,530	$2.414M	1.4%	$28.27	+145.5%	COM	191216100
TNL	TRAVEL PLUS LEISURE CO	32,600	$2.299M	1.3%	$44.69	+45.7%	COM	894164102
C	CITIGROUP INC	17,719	$2.068M	1.2%	$37.74	+174.6%	COM NEW	172967424
PFE	PFIZER INC	77,032	$1.918M	1.1%	$22.26	+12.5%	COM	717081103
FDX	FEDEX CORP	6,400	$1.849M	1.0%	$181.12	+44.4%	COM	31428X106
PM	PHILIP MORRIS INTL INC	9,816	$1.574M	0.9%	$59.25	+159.2%	COM	718172109
ABT	ABBOTT LABS	11,433	$1.432M	0.8%	$32.69	+289.4%	COM	002824100
IBM	INTERNATIONAL BUSINESS MACHS	4,573	$1.355M	0.8%	$116.16	+157.2%	COM	459200101
MO	ALTRIA GROUP INC	21,032	$1.213M	0.7%	$24.99	+137.6%	COM	02209S103
OKE	ONEOK INC NEW	13,939	$1.025M	0.6%	$57.97	+21.5%	COM	682680103
LIN	LINDE PLC	1,600	$682K	0.4%	$322.30	+32.6%	SHS	G54950103
CVX	CHEVRON CORP NEW	3,916	$597K	0.3%	$75.22	+101.3%	COM	166764100
COP	CONOCOPHILLIPS	5,200	$487K	0.3%	$30.72	+193.0%	COM	20825C104
LOW	LOWES COS INC	2,000	$482K	0.3%	$103.31	+132.1%	COM	548661107
AAPL	APPLE INC	1,414	$384K	0.2%	$160.95	+66.7%	COM	037833100
CL	COLGATE PALMOLIVE CO	3,332	$263K	0.1%	$48.40	+61.8%	COM	194162103
PG	PROCTER AND GAMBLE CO	1,736	$249K	0.1%	$101.53	+45.0%	COM	742718109
VTRS	VIATRIS INC	17,460	$217K	0.1%	$12.42	-13.7%	COM	92556V106