Q4 2025 · 13F-HR
MORGAN DEMPSEY CAPITAL MANAGEMENT LLCholdings as filed
Filed 2026-02-13 · accession 0001941040-26-000137
$205.6M
Reported value
150
Positions
2025-12-31
Period end
The Brief · MORGAN DEMPSEY CAPITAL MANAGEMENT LLC · Q4 2025
AI · grounded in 13F
MORGAN DEMPSEY CAPITAL MANAGEMENT LLC closed its position in Alexandria Real Estate Eq In ARE, reducing its exposure by $2,416,250. The fund significantly trimmed holdings in Procter and Gamble Co PG, LyondellBasell Industries N LYB, and Pfizer Inc PFE, each by over 97%. Conversely, the fund increased its stake in PepsiCo Inc PEP by 37,868.5% and added to positions in CME Group Inc CME and McDonalds Corp MCD.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 172967424 | C | CITIGROUP INC | $9.7M | 4.71% | 83,027 | Common | SOLE |
| 17275R102 | CSCO | CISCO SYS INC | $8.0M | 3.88% | 103,496 | Common | SOLE |
| 30231G102 | XOM | EXXON MOBIL CORP | $7.4M | 3.61% | 61,756 | Common | SOLE |
| 00206R102 | T | AT&T INC | $7.3M | 3.55% | 293,772 | Common | SOLE |
| 231021106 | CMI | CUMMINS INC | $7.1M | 3.43% | 13,817 | Common | SOLE |
| 949746101 | WMT2 | WELLS FARGO CO NEW | $6.9M | 3.38% | 74,489 | Common | SOLE |
| 29364G103 | ETR | ENTERGY CORP NEW | $6.9M | 3.38% | 75,086 | Common | SOLE |
| 92939U106 | WEC | WEC ENERGY GROUP INC | $6.8M | 3.31% | 64,571 | Common | SOLE |
| 459200101 | IBM | INTERNATIONAL BUSINESS MACHS | $6.4M | 3.13% | 21,710 | Common | SOLE |
| 369550108 | GD | GENERAL DYNAMICS CORP | $6.2M | 3.02% | 18,424 | Common | SOLE |
| 478160104 | JNJ | JOHNSON & JOHNSON | $6.0M | 2.93% | 29,162 | Common | SOLE |
| 12572Q105 | CME | CME GROUP INC | $6.0M | 2.93% | 22,071 | Common | SOLE |
| G5960L103 | MDT | MEDTRONIC PLC | $5.9M | 2.89% | 61,476 | Common | SOLE |
| 166764100 | CVX | CHEVRON CORP NEW | $5.9M | 2.87% | 38,665 | Common | SOLE |
| 539830109 | LMT | LOCKHEED MARTIN CORP | $5.9M | 2.85% | 12,118 | Common | SOLE |
| 191216100 | KO | COCA COLA CO | $5.7M | 2.78% | 81,874 | Common | SOLE |
| 706327103 | PBA | PEMBINA PIPELINE CORP | $5.7M | 2.75% | 148,446 | Common | SOLE |
| 78468R663 | BIL | STATE STREET SPDRA BLMBG1-3MTHT-BILLETF | $5.3M | 2.56% | 57,512 | Common | SOLE |
| 744320102 | PRU | PRUDENTIAL FINL INC | $5.2M | 2.55% | 46,498 | Common | SOLE |
| 92343V104 | VZ | VERIZON COMMUNICATIONS INC | $5.0M | 2.41% | 121,808 | Common | SOLE |
| 30040W108 | ES | EVERSOURCE ENERGY | $5.0M | 2.41% | 73,596 | Common | SOLE |
| 718172109 | PM | PHILIP MORRIS INTL INC | $4.9M | 2.38% | 30,251 | Common | SOLE |
| 26441C204 | DUK | DUKE ENERGY CORP NEW | $4.9M | 2.37% | 41,599 | Common | SOLE |
| 911312106 | UPS | UNITED PARCEL SERVICE INC | $4.8M | 2.35% | 48,617 | Common | SOLE |
| 58933Y105 | MRK | MERCK & CO INC | $4.7M | 2.31% | 44,711 | Common | SOLE |
| 842587107 | SO | SOUTHERN CO | $4.6M | 2.21% | 52,229 | Common | SOLE |
| 682680103 | OKE | ONEOK INC NEW | $4.5M | 2.21% | 61,844 | Common | SOLE |
| 580135101 | MCD | MCDONALDS CORP | $4.4M | 2.16% | 14,543 | Common | SOLE |
| 56035L104 | MAIN | MAIN STR CAP CORP | $4.4M | 2.16% | 73,426 | Common | SOLE |
| 22822V101 | CCI | CROWN CASTLE INC | $4.4M | 2.13% | 49,258 | Common | SOLE |
| 767204100 | RIO | RIO TINTO PLC | $4.2M | 2.07% | 53,092 | Common | SOLE |
| 907818108 | UNP | UNION PAC CORP | $3.2M | 1.55% | 13,735 | Common | SOLE |
| 929089100 | VOYA | VOYA FINANCIAL INC | $3.1M | 1.50% | 41,275 | Common | SOLE |
| 713448108 | PEP | PEPSICO INC | $3.0M | 1.45% | 20,503 | Common | SOLE |
| 370334104 | GIS | GENERAL MLS INC | $2.8M | 1.36% | 60,129 | Common | SOLE |
| 855244109 | SBUX | STARBUCKS CORP | $2.8M | 1.35% | 32,986 | Common | SOLE |
| 02072L482 | MDLV | MORGAN DEMPSEY LARGE CAP VALUE ETF | $967,413 | 0.47% | 34,103 | Common | SOLE |
| 91851C201 | EGY | VAALCO ENERGY INC | $528,612 | 0.26% | 145,223 | Common | SOLE |
| Y1968P121 | DAC | DANAOS CORPORATION | $429,873 | 0.21% | 4,562 | Common | SOLE |
| M8740S227 | TATT | TAT TECHNOLOGIES LTD | $380,476 | 0.19% | 8,505 | Common | SOLE |
| 296650104 | ESP | ESPEY MFG & ELECTRS CORP | $377,552 | 0.18% | 8,039 | Common | SOLE |
| 358010106 | FEIM | FREQUENCY ELECTRS INC | $354,160 | 0.17% | 6,578 | Common | SOLE |
| 05587G203 | BKTI | BK TECHNOLOGIES CORPORATION | $332,149 | 0.16% | 4,453 | Common | SOLE |
| 902673102 | UFPT | UFP TECHNOLOGIES INC | $321,721 | 0.16% | 1,449 | Common | SOLE |
| 739128106 | POWL | POWELL INDS INC | $300,291 | 0.15% | 942 | Common | SOLE |
| 637372202 | NRC | NATIONAL RESH CORP | $296,368 | 0.14% | 15,656 | Common | SOLE |
| 90385V107 | UCTT | ULTRA CLEAN HLDGS INC | $280,530 | 0.14% | 11,075 | Common | SOLE |
| 55405W104 | MYRG | MYR GROUP INC DEL | $266,133 | 0.13% | 1,218 | Common | SOLE |
| 464287200 | IVV | ISHARES CORE S&P 500 ETF | $256,853 | 0.12% | 375 | Common | SOLE |
| 68384X209 | OPXS | OPTEX SYS HLDGS INC | $226,972 | 0.11% | 16,018 | Common | SOLE |
| 464288158 | SUB | ISHARES SHORT-TERM NATIONAL MUNI BD ETF | $221,936 | 0.11% | 2,080 | Common | SOLE |
| G42706104 | HG | HAMILTON INSURANCE GROUP LTD | $215,639 | 0.10% | 7,729 | Common | SOLE |
| 78462F103 | SPY | SPDR S&P 500A ETF | $210,566 | 0.10% | 308 | Common | SOLE |
| 74265M205 | PDEX | PRO-DEX INC COLO | $210,447 | 0.10% | 5,469 | Common | SOLE |
| 46137V357 | RSP | INVESCO S&P 500 EQUAL WEIGHT ETF | $185,897 | 0.09% | 970 | Common | SOLE |
| 67092P300 | NULV | NUVEEN ESG LARGE-CAP VALUE ETF | $179,164 | 0.09% | 3,977 | Common | SOLE |
| 192576106 | COHU | COHU INC | $177,061 | 0.09% | 7,609 | Common | SOLE |
| 817070501 | SENEA | SENECA FOODS CORP NEW | $172,362 | 0.08% | 1,558 | Common | SOLE |
| 29287L601 | GRW | TCW DURABLE GROWTH ETF | $170,003 | 0.08% | 5,464 | Common | SOLE |
| 14020Y508 | CGCB | CAPITAL GROUP CORE BOND ETF | $149,090 | 0.07% | 5,622 | Common | SOLE |
| 00162Q395 | OUSM | ALPS O'SHARES US SM-CP QUL DIV ETF | $143,959 | 0.07% | 3,291 | Common | SOLE |
| 927107409 | VLGEA | VILLAGE SUPER MKT INC | $132,350 | 0.06% | 3,713 | Common | SOLE |
| 19761L508 | DIAL | COLUMBIA DIVERSIFIED FIXED INC ALLC ETF | $126,432 | 0.06% | 6,888 | Common | SOLE |
| 464287598 | IWD | ISHARES RUSSELL 1000 VALUE ETF | $123,680 | 0.06% | 588 | Common | SOLE |
| 949746101 | WMT2 | WELLS FARGO CO NEW | $122,862 | 0.06% | 200 | CALL | SOLE |
| 33939L506 | TDTT | FLEXSHARES IBOXX 3YR TARGET DUR TIPS ETF | $118,524 | 0.06% | 4,926 | Common | SOLE |
| 420261109 | HWKN | HAWKINS INC | $115,069 | 0.06% | 810 | Common | SOLE |
| 532457108 | LLY | ELI LILLY & CO | $115,022 | 0.06% | 107 | Common | SOLE |
| 00215F107 | ATNI | ATN INTL INC | $114,844 | 0.06% | 4,977 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $110,265 | 0.05% | 228 | Common | SOLE |
| 037833100 | AAPL | APPLE INC | $108,744 | 0.05% | 400 | Common | SOLE |
| 464288372 | IGF | ISHARES GLOBAL INFRASTRUCTURE ETF | $108,469 | 0.05% | 1,768 | Common | SOLE |
| 81369Y308 | XLP | STATE STREET CNSMRSTPSELSECTSPDR ETF | $101,528 | 0.05% | 1,307 | Common | SOLE |
| 149123101 | CAT | CATERPILLAR INC | $94,524 | 0.05% | 165 | Common | SOLE |
| 11276H106 | BIPC | BROOKFIELD INFRASTRUCTURE CO | $90,472 | 0.04% | 1,993 | Common | SOLE |
| 55286W405 | MFSI | MFS ACTIVE INTERNATIONAL ETF | $89,949 | 0.04% | 2,954 | Common | SOLE |
| 706915105 | PENG | PENGUIN SOLUTIONS INC | $77,966 | 0.04% | 3,986 | Common | SOLE |
| 78467Y107 | MDY | SPDR S&P MIDCAP 400 ETF TRUST | $75,683 | 0.04% | 125 | Common | SOLE |
| 717081103 | PFE | PFIZER INC | $73,206 | 0.04% | 2,940 | Common | SOLE |
| 78464A656 | SPIP | STATE STREET SPDR PORTFOLIO TIPS ETF | $70,949 | 0.03% | 2,734 | Common | SOLE |
| 49428J109 | KE | KIMBALL ELECTRONICS INC | $70,941 | 0.03% | 2,550 | Common | SOLE |
| 03676B102 | AM | ANTERO MIDSTREAM CORP | $64,190 | 0.03% | 3,608 | Common | SOLE |
| 464287408 | IVE | ISHARES S&P 500 VALUE ETF | $59,380 | 0.03% | 280 | Common | SOLE |
| 464286319 | DVYE | ISHARES EMERGING MARKETS DIVIDEND ETF | $57,295 | 0.03% | 1,839 | Common | SOLE |
| 46090E103 | QQQ | INVESCO QQQ TRUST | $50,375 | 0.02% | 82 | Common | SOLE |
| 464287309 | IVW | ISHARES S&P 500 GROWTH ETF | $49,304 | 0.02% | 400 | Common | SOLE |
| 92826C839 | V | VISA INC | $49,099 | 0.02% | 140 | Common | SOLE |
| 41151J828 | LSEQ | HARBOR LONG-SHORT EQUITY ETF | $46,235 | 0.02% | 1,676 | Common | SOLE |
| 46434G822 | EWJ | ISHARES MSCI JAPAN ETF | $38,755 | 0.02% | 480 | Common | SOLE |
| 060505104 | BAC | BANK AMERICA CORP | $34,925 | 0.02% | 635 | Common | SOLE |
| 369550108 | GD | GENERAL DYNAMICS CORP | $33,666 | 0.02% | 100 | CALL | SOLE |
| 25460E307 | COM | DIREXION AUSPICE BROAD CMDTY STRAT ETF | $31,234 | 0.02% | 1,056 | Common | SOLE |
| 37954Y673 | PAVE | GLOBAL X US INFRASTRUCTURE DEV ETF | $26,225 | 0.01% | 545 | Common | SOLE |
| 30231G102 | XOM | EXXON MOBIL CORP | $24,068 | 0.01% | 200 | CALL | SOLE |
| 172967424 | C | CITIGROUP INC | $23,338 | 0.01% | 200 | CALL | SOLE |
| 00287Y109 | ABBV | ABBVIE INC | $22,849 | 0.01% | 100 | Common | SOLE |
| 922042858 | VWO | VANGUARD FTSE EMERGING MARKETS ETF | $21,289 | 0.01% | 396 | Common | SOLE |
| 92939U106 | WEC | WEC ENERGY GROUP INC | $21,092 | 0.01% | 200 | CALL | SOLE |
| 478160104 | JNJ | JOHNSON & JOHNSON | $20,695 | 0.01% | 100 | CALL | SOLE |
| 464287804 | IJR | ISHARES CORE S&P SMALL-CAP ETF | $19,469 | 0.01% | 162 | Common | SOLE |
| 742718109 | PG | PROCTER AND GAMBLE CO | $18,931 | 0.01% | 132 | Common | SOLE |
| 29364G103 | ETR | ENTERGY CORP NEW | $18,486 | 0.01% | 200 | CALL | SOLE |
| 00206R102 | T | AT&T INC | $17,388 | 0.01% | 700 | CALL | SOLE |
| 609839105 | MPWR | MONOLITHIC PWR SYS INC | $17,250 | 0.01% | 19 | Common | SOLE |
| 464287440 | IEF | ISHARES 7-10 YEAR TREASURY BOND ETF | $16,540 | 0.01% | 172 | Common | SOLE |
| 17275R102 | CSCO | CISCO SYS INC | $15,406 | 0.01% | 200 | CALL | SOLE |
| 166764100 | CVX | CHEVRON CORP NEW | $15,241 | 0.01% | 100 | CALL | SOLE |
| 46438F101 | IBIT | ISHARES BITCOIN TRUST ETF | $14,150 | 0.01% | 285 | Common | SOLE |
| 291011104 | EMR | EMERSON ELEC CO | $13,936 | 0.01% | 105 | Common | SOLE |
| 46432F842 | IEFA | ISHARES CORE MSCI EAFE ETF | $12,972 | 0.01% | 145 | Common | SOLE |
| 872540109 | TJX | TJX COS INC NEW | $12,750 | 0.01% | 83 | Common | SOLE |
| 92343V104 | VZ | VERIZON COMMUNICATIONS INC | $12,219 | 0.01% | 300 | CALL | SOLE |
| 438516106 | HON | HONEYWELL INTL INC | $12,096 | 0.01% | 62 | Common | SOLE |
| 56035L104 | MAIN | MAIN STR CAP CORP | $12,079 | 0.01% | 200 | CALL | SOLE |
| N53745100 | LYB | LYONDELLBASELL INDUSTRIES N | $12,037 | 0.01% | 278 | Common | SOLE |
| 26441C204 | DUK | DUKE ENERGY CORP NEW | $11,721 | 0.01% | 100 | CALL | SOLE |
| 464287184 | FXI | ISHARES CHINA LARGE-CAP ETF | $11,640 | 0.01% | 304 | Common | SOLE |
| 744320102 | PRU | PRUDENTIAL FINL INC | $11,288 | 0.01% | 100 | CALL | SOLE |
| 58933Y105 | MRK | MERCK & CO INC | $10,611 | 0.01% | 100 | CALL | SOLE |
| 464287168 | DVY | ISHARES SELECT DIVIDEND ETF | $10,586 | 0.01% | 75 | Common | SOLE |
| 422806109 | HEI | HEICO CORP NEW | $10,355 | 0.01% | 32 | Common | SOLE |
| 717081103 | PFE | PFIZER INC | $9,960 | 0.00% | 400 | CALL | SOLE |
| 911312106 | UPS | UNITED PARCEL SERVICE INC | $9,919 | 0.00% | 100 | CALL | SOLE |
| 22160K105 | COST | COSTCO WHSL CORP NEW | $9,486 | 0.00% | 11 | Common | SOLE |
| 370334104 | GIS | GENERAL MLS INC | $9,300 | 0.00% | 200 | CALL | SOLE |
| 78464A359 | CWB | STATE STREET SPDRA BLMBG CNVRT SECS ETF | $8,920 | 0.00% | 100 | Common | SOLE |
| 842587107 | SO | SOUTHERN CO | $8,720 | 0.00% | 100 | CALL | SOLE |
| 855244109 | SBUX | STARBUCKS CORP | $8,421 | 0.00% | 100 | CALL | SOLE |
| 609207105 | MDLZ | MONDELEZ INTL INC | $8,367 | 0.00% | 154 | Common | SOLE |
| 45866F104 | ICE | INTERCONTINENTAL EXCHANGE IN | $8,098 | 0.00% | 50 | Common | SOLE |
| 464288513 | HYG | ISHARES IBOXX $ HIGH YIELD CORP BD ETF | $8,063 | 0.00% | 100 | Common | SOLE |
| 767204100 | RIO | RIO TINTO PLC | $8,003 | 0.00% | 100 | CALL | SOLE |
| 002824100 | ABT | ABBOTT LABS | $7,643 | 0.00% | 61 | Common | SOLE |
| 46654Q203 | JEPQ | JPMORGAN NASDAQ EQUITY PREMIUM INC ETF | $7,574 | 0.00% | 129 | Common | SOLE |
| 929089100 | VOYA | VOYA FINANCIAL INC | $7,449 | 0.00% | 100 | CALL | SOLE |
| 682680103 | OKE | ONEOK INC NEW | $7,350 | 0.00% | 100 | CALL | SOLE |
| 921943858 | VEA | VANGUARD FTSE DEVELOPED MARKETS ETF | $6,973 | 0.00% | 112 | Common | SOLE |
| 30040W108 | ES | EVERSOURCE ENERGY | $6,733 | 0.00% | 100 | CALL | SOLE |
| 565788106 | MARA | MARA HOLDINGS INC | $6,286 | 0.00% | 700 | Common | SOLE |
| 65339F101 | NEE | NEXTERA ENERGY INC | $5,941 | 0.00% | 74 | Common | SOLE |
| 87612E106 | TGT | TARGET CORP | $5,572 | 0.00% | 57 | Common | SOLE |
| 125523100 | CI | THE CIGNA GROUP | $5,505 | 0.00% | 20 | Common | SOLE |
| N53745100 | LYB | LYONDELLBASELL INDUSTRIES N | $4,330 | 0.00% | 100 | CALL | SOLE |
| 464287614 | IWF | ISHARES RUSSELL 1000 GROWTH ETF | $4,260 | 0.00% | 9 | Common | SOLE |
| 46641Q332 | JEPI | JPMORGAN EQUITY PREMIUM INCOME ETF | $3,279 | 0.00% | 57 | Common | SOLE |
| 500754106 | KHC | KRAFT HEINZ CO | $2,643 | 0.00% | 109 | Common | SOLE |
| 72352L106 | PINS | PINTEREST INC | $2,589 | 0.00% | 100 | Common | SOLE |
| 46436E718 | SGOV | ISHARES 0-3 MONTH TREASURY BOND ETF | $2,204 | 0.00% | 22 | Common | SOLE |
| 714157203 | PESI | PERMA-FIX ENVIRONMENTAL SVCS | $13 | 0.00% | 1 | Common | SOLE |
| 45817G201 | IDN | INTELLICHECK INC | $2 | 0.00% | 1 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.