Vault-13

GARLAND CAPITAL MANAGEMENT INC

BELLEVUE, WA · CIK 1181544 · 13F filing filed 2025-11-05

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

$7.3m reported value -76.9% vs Q2 2025
21positions
61.6%in top 10
0 new 0 added 20 reduced 8 sold out vs Q2 2025

Holdings, Q3 2025

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#SecurityTickerShares Value% of portfolioChangeShares change
1 JPMORGAN CHASE & CO COM JPM JPM 1,890 $596.2k8.20% 8.20% ReducedShares held: Q4 2024 30.2k, Q1 2025 25.7k, Q2 2025 8.1k, Q3 2025 1.9k -6.2k -6,180 -76.6%
2 BANK NEW YORK MELLON CORP COM BNY BNY 5,425 $591.1k8.13% 8.13% ReducedShares held: Q4 2024 78.1k, Q1 2025 67.4k, Q2 2025 19.8k, Q3 2025 5.4k -14.4k -14,370 -72.6%
3 ABBVIE INC COM ABBV ABBV 2,160 $500.1k6.88% 6.88% ReducedShares held: Q4 2024 37.4k, Q1 2025 32.7k, Q2 2025 9.3k, Q3 2025 2.2k -7.1k -7,123 -76.7%
4 RTX CORPORATION COM RTX RTX 2,800 $468.5k6.45% 6.45% ReducedShares held: Q4 2024 35.3k, Q1 2025 32.4k, Q2 2025 9.6k, Q3 2025 2.8k -6.8k -6,790 -70.8%
5 INTERNATIONAL BUSINESS MACHS COM IBM IBM 1,570 $443.0k6.09% 6.09% ReducedShares held: Q4 2024 25.0k, Q1 2025 21.4k, Q2 2025 5.8k, Q3 2025 1.6k -4.2k -4,242 -73.0%
6 NOVARTIS AG SPONSORED ADR NVS NVS 3,170 $406.5k5.59% 5.59% ReducedShares held: Q4 2024 42.2k, Q1 2025 38.5k, Q2 2025 11.5k, Q3 2025 3.2k -8.3k -8,330 -72.4%
7 CISCO SYS INC COM CSCO CSCO 5,675 $388.3k5.34% 5.34% ReducedShares held: Q4 2024 97.6k, Q1 2025 83.1k, Q2 2025 22.9k, Q3 2025 5.7k -17.2k -17,200 -75.2%
8 ALEXANDRIA REAL ESTATE EQ IN COM ARE ARE 4,410 $367.5k5.06% 5.06% ReducedShares held: Q4 2024 29.6k, Q1 2025 30.0k, Q2 2025 10.9k, Q3 2025 4.4k -6.5k -6,510 -59.6%
9 PEPSICO INC COM PEP PEP 2,570 $360.9k4.97% 4.97% ReducedShares held: Q4 2024 29.0k, Q1 2025 28.3k, Q2 2025 8.3k, Q3 2025 2.6k -5.7k -5,727 -69.0%
10 VANGUARD INDEX FDS VALUE ETF VTV VTV 1,899 $354.1k4.87% 4.87% ReducedShares held: Q4 2024 3.1k, Q1 2025 3.1k, Q2 2025 2.7k, Q3 2025 1.9k -810 -810 -29.9%
11 PROCTER AND GAMBLE CO COM PG PG 2,225 $341.9k4.70% 4.70% ReducedShares held: Q4 2024 33.6k, Q1 2025 31.2k, Q2 2025 8.9k, Q3 2025 2.2k -6.7k -6,695 -75.1%
12 JOHNSON & JOHNSON COM JNJ JNJ 1,755 $325.4k4.48% 4.48% ReducedShares held: Q4 2024 28.1k, Q1 2025 24.0k, Q2 2025 6.9k, Q3 2025 1.8k -5.1k -5,110 -74.4%
13 MERCK & CO INC COM MRK MRK 3,590 $301.3k4.15% 4.15% ReducedShares held: Q4 2024 53.1k, Q1 2025 46.2k, Q2 2025 13.6k, Q3 2025 3.6k -10.0k -10,035 -73.7%
14 PRUDENTIAL FINL INC COM PRU PRU 2,775 $287.9k3.96% 3.96% ReducedShares held: Q4 2024 39.3k, Q1 2025 34.8k, Q2 2025 10.5k, Q3 2025 2.8k -7.7k -7,735 -73.6%
15 MEDTRONIC PLC SHS MDT MDT 2,980 $283.8k3.90% 3.90% ReducedShares held: Q4 2024 41.5k, Q1 2025 38.6k, Q2 2025 11.7k, Q3 2025 3.0k -8.7k -8,735 -74.6%
16 PROLOGIS INC. COM PLD PLD 2,390 $273.7k3.77% 3.77% ReducedShares held: Q4 2024 25.3k, Q1 2025 23.8k, Q2 2025 7.4k, Q3 2025 2.4k -5.0k -4,965 -67.5%
17 AMERICAN ELEC PWR CO INC COM AEP AEP 2,230 $250.9k3.45% 3.45% ReducedShares held: Q4 2024 37.3k, Q1 2025 35.4k, Q2 2025 9.6k, Q3 2025 2.2k -7.3k -7,350 -76.7%
18 TOTALENERGIES SE SPONSORED ADS SPONSORED ADS 3,885 $231.9k3.19% 3.19% ReducedShares held: Q4 2024 50.2k, Q1 2025 45.2k, Q2 2025 13.9k, Q3 2025 3.9k -10.1k -10,057 -72.1%
19 PARK HOTELS & RESORTS INC COM PK PK 20,750 $229.9k3.16% 3.16% UnchangedShares held: Q4 2024 0, Q1 2025 0, Q2 2025 20.8k, Q3 2025 20.8k
20 CHEVRON CORP NEW COM CVX CVX 1,405 $218.2k3.00% 3.00% ReducedShares held: Q4 2024 29.4k, Q1 2025 24.8k, Q2 2025 6.5k, Q3 2025 1.4k -5.1k -5,063 -78.3%
21 VANGUARD INDEX FDS REAL ESTATE ETF VNQ VNQ 524 $47.9k0.66% 0.66% ReducedShares held: Q4 2024 1.0k, Q1 2025 1.0k, Q2 2025 829, Q3 2025 524 -305 -305 -36.8%

Sold out since Q2 2025

SecurityTickerShares held beforeValue then
WELLTOWER INC WELL WELL 9,005 $1.4m9.0k shares
TRAVELERS COMPANIES INC TRV TRV 5,072 $1.4m5.1k shares
NORTHERN TR CORP NTRS NTRS 8,555 $1.1m8.6k shares
ROCKWELL AUTOMATION INC ROK ROK 2,940 $976.6k2.9k shares
UNITED PARCEL SERVICE INC UPS UPS 9,640 $973.1k9.6k shares
COMCAST CORP NEW CMCSA CMCSA 26,820 $957.2k26.8k shares
PFIZER INC PFE PFE 36,542 $885.8k36.5k shares
VANGUARD INDEX FDS VOO VOO 36 $20.4k36 shares