GARLAND CAPITAL MANAGEMENT INC

Portfolio Overview

GARLAND CAPITAL MANAGEMENT INC disclosed 21 positions worth $7.3M in its Form 13F-HR for Q3 2025, led by $JPM (JPMORGAN CHASE & CO) at 8.2% of the equity portfolio, followed by $BNY and $ABBV. During the quarter the fund opened 0 new positions and exited 7 and a full exit from $WELL. The portfolio is most concentrated in Healthcare (25.0% of disclosed assets). All figures are sourced directly from GARLAND CAPITAL MANAGEMENT INC’s Form 13F-HR filing with the SEC under CIK 1181544.

• 

  JPMORGAN CHASE & CO

  $JPM

  70.3#214

  Quality

  $596.2K1,890 sh
• 

  Bank of New York Mellon Corp

  $BNY

  73.8#119

  Quality

  $591.1K5,425 sh
• 

  AbbVie Inc.

  $ABBV

  72.5#145

  Quality

  $500.1K2,160 sh
• 

  RTX Corp

  $RTX

  73.1

  Quality

  $468.5K2,800 sh
• 

  INTERNATIONAL BUSINESS MACHINES CORP

  $IBM

  69.7

  Quality

  $443.0K1,570 sh
• 

  NOVARTIS AG

  $NVS

  —

  Quality

  $406.5K3,170 sh
• 

  CISCO SYSTEMS, INC.

  $CSCO

  70.1

  Quality

  $388.3K5,675 sh

• ALEXANDRIA REAL ESTATE EQ IN

  —

  Quality

  $367.5K4,410 sh
• 

  PEPSICO INC

  $PEP

  63.2

  Quality

  $360.9K2,570 sh

• VANGUARD INDEX FDS

  —

  Quality

  $354.1K1,899 sh

Company	Quality	Value	Shares
JPMORGAN CHASE & CO$JPM	70.3#214	$596.2K	1,890
Bank of New York Mellon Corp$BNY	73.8#119	$591.1K	5,425
AbbVie Inc.$ABBV	72.5#145	$500.1K	2,160
RTX Corp$RTX	73.1	$468.5K	2,800
INTERNATIONAL BUSINESS MACHINES CORP$IBM	69.7	$443.0K	1,570
NOVARTIS AG$NVS	—	$406.5K	3,170
CISCO SYSTEMS, INC.$CSCO	70.1	$388.3K	5,675
ALEXANDRIA REAL ESTATE EQ IN	—	$367.5K	4,410
PEPSICO INC$PEP	63.2	$360.9K	2,570
VANGUARD INDEX FDS	—	$354.1K	1,899

Showing top 10 of 21 holdings.

Full Holdings — GARLAND CAPITAL MANAGEMENT INC (Q3 2025)

All 21 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.

#	Ticker	Company	Value	Weight	QoQ	Quality
1	$JPM	JPMORGAN CHASE & CO	$596,163	8.2%	-77%	70.3
2	$BNY	Bank of New York Mellon Corp	$591,108	8.1%	-73%	73.8
3	$ABBV	AbbVie Inc.	$500,126	6.9%	-77%	72.5
4	$RTX	RTX Corp	$468,524	6.5%	-71%	73.1
5	$IBM	INTERNATIONAL BUSINESS MACHINES CORP	$442,991	6.1%	-73%	69.7
6	$NVS	NOVARTIS AG	$406,521	5.6%	-72%	—
7	$CSCO	CISCO SYSTEMS, INC.	$388,284	5.3%	-75%	70.1
8	—	ALEXANDRIA REAL ESTATE EQ IN	$367,529	5.1%	-60%	—
9	$PEP	PEPSICO INC	$360,931	5.0%	-69%	63.2
10	—	VANGUARD INDEX FDS	$354,145	4.9%	-30%	—
11	$PG	PROCTER & GAMBLE Co	$341,871	4.7%	-75%	64.4
12	$JNJ	JOHNSON & JOHNSON	$325,412	4.5%	-74%	68.8
13	$MRK	Merck & Co., Inc.	$301,309	4.2%	-74%	59.7
14	—	PRUDENTIAL FINL INC	$287,879	4.0%	-74%	—
15	$MDT	Medtronic plc	$283,815	3.9%	-75%	68.7
16	$PLD	Prologis, Inc.	$273,703	3.8%	-68%	68.3
17	$AEP	AMERICAN ELECTRIC POWER CO INC	$250,875	3.5%	-77%	66.5
18	$TTE	TotalEnergies SE	$231,896	3.2%	-72%	50.6
19	$PK	Park Hotels & Resorts Inc.	$229,910	3.2%	+0%	40.8
20	$CVX	CHEVRON CORP	$218,182	3.0%	-78%	62.6
21	—	VANGUARD INDEX FDS	$47,904	0.7%	-37%	—