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

Location: New York, NY

CIK: 0001426774 · Show all filings

Period: Q2 2026 (← Previous)

Filing Date: Jul 29, 2026

Total Value: $188M (100.0% shares, 0.0% debt)

Holdings (39)

New Positions (1)

FDXF FEDEX FGHT HLDG CO INC 0.3%

Value $483K Shares 3,200 Est. Cost $151.00 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
FDXF	FEDEX FGHT HLDG CO INC	3,200	$483K	0.3%	$151.00	—	COMMON STOCK	314352105

Increased Positions (1)

MSFT MICROSOFT CORP 8.3%

Value $15.68M (+3.8%) Shares 42,045 (+3.0%) Est. Cost $49.55 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	MICROSOFT CORP	42,045 (+3.0%)	$15.68M (+3.8%)	8.3%	$49.55	—	COM	594918104

Decreased Positions (3)

QCOM QUALCOMM INC 5.1%

Value $9.544M (+38.0%) Shares 51,650 (-3.8%) Est. Cost $51.46 Unrealized —

V VISA INC 9.9%

Value $18.66M (+11.7%) Shares 54,389 (-1.6%) Est. Cost $64.31 Unrealized —

IBM INTERNATIONAL BUSINESS MACHS 0.6%

Value $1.202M (+8.4%) Shares 4,273 (-6.6%) Est. Cost $116.16 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
QCOM	QUALCOMM INC	51,650 (-3.8%)	$9.544M (+38.0%)	5.1%	$51.46	—	COM	747525103
V	VISA INC	54,389 (-1.6%)	$18.66M (+11.7%)	9.9%	$64.31	—	COM CL A	92826C839
IBM	INTERNATIONAL BUSINESS MACHS	4,273 (-6.6%)	$1.202M (+8.4%)	0.6%	$116.16	—	COM	459200101

Unchanged Positions (34)

ABBV ABBVIE INC 7.4%

Value $13.94M Shares 55,400 Est. Cost $40.61 Unrealized —

GS GOLDMAN SACHS GROUP INC 5.8%

Value $10.98M Shares 10,854 Est. Cost $190.34 Unrealized —

CSCO CISCO SYS INC 2.5%

Value $4.628M Shares 39,400 Est. Cost $15.20 Unrealized —

BAC BANK OF AMER CORP 5.0%

Value $9.435M Shares 165,577 Est. Cost $11.74 Unrealized —

ADI ANALOG DEVICES INC 3.0%

Value $5.706M Shares 14,367 Est. Cost $66.43 Unrealized —

JPM JPMORGAN CHASE & CO 5.2%

Value $9.777M Shares 29,870 Est. Cost $41.08 Unrealized —

ADP AUTOMATIC DATA PROCESSING IN 4.5%

Value $8.432M Shares 37,650 Est. Cost $54.34 Unrealized —

EBAY EBAY INC. 2.2%

Value $4.224M Shares 37,800 Est. Cost $19.85 Unrealized —

KMI KINDER MORGAN INC DEL 6.5%

Value $12.22M Shares 382,107 Est. Cost $14.28 Unrealized —

AMZN AMAZON COM INC 2.2%

Value $4.219M Shares 17,700 Est. Cost $217.39 Unrealized —

C CITIGROUP INC 1.3%

Value $2.48M Shares 17,719 Est. Cost $37.74 Unrealized —

BA BOEING CO 2.6%

Value $4.968M Shares 22,950 Est. Cost $191.48 Unrealized —

WMB WILLIAMS COS INC 10.1%

Value $19.01M Shares 255,723 Est. Cost $16.11 Unrealized —

BR BROADRIDGE FINL SOLUTIONS IN 0.9%

Value $1.767M Shares 12,900 Est. Cost $28.99 Unrealized —

PFE PFIZER INC 1.0%

Value $1.855M Shares 77,032 Est. Cost $22.26 Unrealized —

FDX FEDEX CORP 1.1%

Value $2.004M Shares 6,400 Est. Cost $181.12 Unrealized —

TNL TRAVEL PLUS LEISURE CO 1.3%

Value $2.492M Shares 32,600 Est. Cost $44.69 Unrealized —

WMT WALMART INC 1.2%

Value $2.322M Shares 20,500 Est. Cost $46.74 Unrealized —

HD HOME DEPOT INC 1.7%

Value $3.104M Shares 8,800 Est. Cost $97.35 Unrealized —

PYPL PAYPAL HLDGS INC 2.2%

Value $4.068M Shares 94,200 Est. Cost $47.66 Unrealized —

KO COCA COLA CO 1.5%

Value $2.806M Shares 34,530 Est. Cost $28.27 Unrealized —

CVX CHEVRON CORPORATION 0.3%

Value $633K Shares 3,816 Est. Cost $75.22 Unrealized —

PM PHILIP MORRIS INTL INC 0.9%

Value $1.776M Shares 9,816 Est. Cost $59.25 Unrealized —

COP CONOCOPHILLIPS 0.3%

Value $541K Shares 5,200 Est. Cost $30.72 Unrealized —

ABT ABBOTT LABORATORIES 0.6%

Value $1.037M Shares 11,433 Est. Cost $32.69 Unrealized —

MO ALTRIA GROUP INC 0.8%

Value $1.513M Shares 21,032 Est. Cost $24.99 Unrealized —

WH WYNDHAM HOTELS & RESORTS INC 1.5%

Value $2.813M Shares 33,400 Est. Cost $60.68 Unrealized —

AAPL APPLE INC 0.2%

Value $409K Shares 1,414 Est. Cost $160.95 Unrealized —

OKE ONEOK INC NEW 0.6%

Value $1.212M Shares 13,939 Est. Cost $57.97 Unrealized —

VTRS VIATRIS INC 0.1%

Value $277K Shares 17,460 Est. Cost $12.42 Unrealized —

LIN LINDE PLC 0.4%

Value $830K Shares 1,600 Est. Cost $322.30 Unrealized —

LOW LOWES COS INC 0.2%

Value $441K Shares 2,000 Est. Cost $103.31 Unrealized —

CL COLGATE PALMOLIVE CO 0.2%

Value $305K Shares 3,332 Est. Cost $48.40 Unrealized —

PG PROCTER & GAMBLE CO 0.1%

Value $255K Shares 1,736 Est. Cost $101.53 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ABBV	ABBVIE INC	55,400	$13.94M	7.4%	$40.61	—	COM	00287Y109
GS	GOLDMAN SACHS GROUP INC	10,854	$10.98M	5.8%	$190.34	—	COM	38141G104
CSCO	CISCO SYS INC	39,400	$4.628M	2.5%	$15.20	—	COM	17275R102
BAC	BANK OF AMER CORP	165,577	$9.435M	5.0%	$11.74	—	COM	060505104
ADI	ANALOG DEVICES INC	14,367	$5.706M	3.0%	$66.43	—	COM	032654105
JPM	JPMORGAN CHASE & CO	29,870	$9.777M	5.2%	$41.08	—	COM	46625H100
ADP	AUTOMATIC DATA PROCESSING IN	37,650	$8.432M	4.5%	$54.34	—	COM	053015103
EBAY	EBAY INC.	37,800	$4.224M	2.2%	$19.85	—	COM	278642103
KMI	KINDER MORGAN INC DEL	382,107	$12.22M	6.5%	$14.28	—	COM	49456B101
AMZN	AMAZON COM INC	17,700	$4.219M	2.2%	$217.39	—	COM	023135106
C	CITIGROUP INC	17,719	$2.48M	1.3%	$37.74	—	COM NEW	172967424
BA	BOEING CO	22,950	$4.968M	2.6%	$191.48	—	COM	097023105
WMB	WILLIAMS COS INC	255,723	$19.01M	10.1%	$16.11	—	COM	969457100
BR	BROADRIDGE FINL SOLUTIONS IN	12,900	$1.767M	0.9%	$28.99	—	COM	11133T103
PFE	PFIZER INC	77,032	$1.855M	1.0%	$22.26	—	COM	717081103
FDX	FEDEX CORP	6,400	$2.004M	1.1%	$181.12	—	COM	31428X106
TNL	TRAVEL PLUS LEISURE CO	32,600	$2.492M	1.3%	$44.69	—	COM	894164102
WMT	WALMART INC	20,500	$2.322M	1.2%	$46.74	—	COM	931142103
HD	HOME DEPOT INC	8,800	$3.104M	1.7%	$97.35	—	COM	437076102
PYPL	PAYPAL HLDGS INC	94,200	$4.068M	2.2%	$47.66	—	COM	70450Y103
KO	COCA COLA CO	34,530	$2.806M	1.5%	$28.27	—	COM	191216100
CVX	CHEVRON CORPORATION	3,816	$633K	0.3%	$75.22	—	COM	166764100
PM	PHILIP MORRIS INTL INC	9,816	$1.776M	0.9%	$59.25	—	COM	718172109
COP	CONOCOPHILLIPS	5,200	$541K	0.3%	$30.72	—	COM	20825C104
ABT	ABBOTT LABORATORIES	11,433	$1.037M	0.6%	$32.69	—	COM	002824100
MO	ALTRIA GROUP INC	21,032	$1.513M	0.8%	$24.99	—	COM	02209S103
WH	WYNDHAM HOTELS & RESORTS INC	33,400	$2.813M	1.5%	$60.68	—	COM	98311A105
AAPL	APPLE INC	1,414	$409K	0.2%	$160.95	—	COM	037833100
OKE	ONEOK INC NEW	13,939	$1.212M	0.6%	$57.97	—	COM	682680103
VTRS	VIATRIS INC	17,460	$277K	0.1%	$12.42	—	COM	92556V106
LIN	LINDE PLC	1,600	$830K	0.4%	$322.30	—	SHS	G54950103
LOW	LOWES COS INC	2,000	$441K	0.2%	$103.31	—	COM	548661107
CL	COLGATE PALMOLIVE CO	3,332	$305K	0.2%	$48.40	—	COM	194162103
PG	PROCTER & GAMBLE CO	1,736	$255K	0.1%	$101.53	—	COM	742718109