Tufton Capital Management 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
Estimated average burden
hours per response:		23.8

COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
3M COMPANY	COM	88579y101	6,849	42,760	SH		SOLE		0	0	42,760
ABBOTT LABS	COM	002824100	9,698	89,115	SH		SOLE		0	0	89,115
ABBVIE INC SHS	COM	00287y109	10,166	116,067	SH		SOLE		0	0	116,067
AIR PRODS & CHEMS INC COM	COM	009158106	506	1,700	SH		SOLE		0	0	1,700
ALIBABA GROUP HOLDING LT	COM	01609w102	264	900	SH		SOLE		0	0	900
ALPHABET INC SHS CL A	COM	02079k305	2,321	1,584	SH		SOLE		0	0	1,584
ALPHABET INC SHS CL C	COM	02079k107	14,847	10,103	SH		SOLE		0	0	10,103
ALTRIA GROUP INC	COM	02209s103	1,706	44,165	SH		SOLE		0	0	44,165
AMAZON COM INC COM	COM	023135106	818	260	SH		SOLE		0	0	260
AMERICAN EXPRESS CO COM	COM	025816109	509	5,078	SH		SOLE		0	0	5,078
ANTHEM INC	COM	036752103	1,125	4,190	SH		SOLE		0	0	4,190
APPLE INC	COM	037833100	15,113	130,504	SH		SOLE		0	0	130,504
AT&T INC	COM	00206r102	4,876	171,038	SH		SOLE		0	0	171,038
AUTOMATIC DATA PROC	COM	053015103	11,202	80,313	SH		SOLE		0	0	80,313
BANK OF AMERICA CORP	COM	060505104	5,508	228,668	SH		SOLE		0	0	228,668
BERKSHIRE HATHAWAY INC DELAWA	COM	084670108	320	1	SH		SOLE		0	0	1
BERKSHIRE HATHAWAYINC DEL CL	COM	084670702	1,303	6,121	SH		SOLE		0	0	6,121
BRISTOL-MYERS SQUIBB CO	COM	110122108	11,063	183,509	SH		SOLE		0	0	183,509
BROWN FORMAN CORP CL B	COM	115637209	720	9,563	SH		SOLE		0	0	9,563
CAPITAL ONE FINL	COM	14040h105	1,343	18,695	SH		SOLE		0	0	18,695
CARRIER GLOBAL CORP	COM	14448c104	2,028	66,434	SH		SOLE		0	0	66,434
CATERPILLAR INC DEL	COM	149123101	9,838	65,966	SH		SOLE		0	0	65,966
CHESAPEAKE UTILS CORP COM	COM	165303108	8,516	101,029	SH		SOLE		0	0	101,029
CHEVRON CORP	COM	166764100	6,770	94,034	SH		SOLE		0	0	94,034
CHIPOTLE MEXICAN GRILL	COM	169656105	890	716	SH		SOLE		0	0	716
CHUBB LTD New	COM	h1467j104	4,592	39,549	SH		SOLE		0	0	39,549
CISCO SYSTEMS INC COM	COM	17275r102	279	7,107	SH		SOLE		0	0	7,107
COCA COLA COM	COM	191216100	3,317	67,187	SH		SOLE		0	0	67,187
COLGATE PALMOLIVE	COM	194162103	6,456	83,689	SH		SOLE		0	0	83,689
COMPUTER SERVICES INC KY	COM	20539a105	1,984	32,000	SH		SOLE		0	0	32,000
CORNING INC	COM	219350105	9,843	303,716	SH		SOLE		0	0	303,716
COSTCO WHOLESALE CRP DEL	COM	22160k105	1,156	3,258	SH		SOLE		0	0	3,258
CROWN CASTLE REIT INC SHS	COM	22822v101	8,575	51,507	SH		SOLE		0	0	51,507
CSX CORP	COM	126408103	411	5,300	SH		SOLE		0	0	5,300
DANAHER CORP DEL COM	COM	235851102	459	2,135	SH		SOLE		0	0	2,135
DEERE CO	COM	244199105	552	2,495	SH		SOLE		0	0	2,495
DIGITAL RLTY TR INC	COM	253868103	333	2,275	SH		SOLE		0	0	2,275
DISNEY (WALT) CO COM STK	COM	254687106	11,695	94,258	SH		SOLE		0	0	94,258
DOW INC REG SHS	COM	260557103	3,061	65,062	SH		SOLE		0	0	65,062
DUKE ENERGY CORP NEW	COM	26441c204	6,691	75,554	SH		SOLE		0	0	75,554
DUPONT DE NEMOURS INC	COM	26614n102	2,168	39,079	SH		SOLE		0	0	39,079
ECOSPHERE TECH INC COM	COM	27922X105	0	10,500	SH		SOLE		0	0	10,500
EMERSON ELEC CO	COM	291011104	7,599	115,904	SH		SOLE		0	0	115,904
ENTERPRISE PRDTS PRTN LPL P	COM	293792107	2,287	144,867	SH		SOLE		0	0	144,867
EXXON MOBIL CORP COM	COM	30231g102	6,023	175,465	SH		SOLE		0	0	175,465
FARMER & MERCHANTS BANCORP INC	COM	30779N105	200	10,000	SH		SOLE		0	0	10,000
FEDEX CORP DELAWARE COM	COM	31428x106	351	1,396	SH		SOLE		0	0	1,396
FIDELITY MSCI REAL ESTATE INDE	COM	316092857	619	26,352	SH		SOLE		0	0	26,352
FTI CONSULTING INC	COM	302941109	206	1,950	SH		SOLE		0	0	1,950
HOME DEPOT INC	COM	437076102	307	1,109	SH		SOLE		0	0	1,109
HONEYWELL INTL INC COM	COM	438516106	340	2,068	SH		SOLE		0	0	2,068
INTEL CORP	COM	458140100	11,096	214,307	SH		SOLE		0	0	214,307
INTL BUSINESS MACHINES CORP I	COM	459200101	4,483	36,850	SH		SOLE		0	0	36,850
INVESCO S&P 500 LOW VOLATILITY	COM	46138e354	374	6,985	SH		SOLE		0	0	6,985
ISHARES CORE S&P 500 ETF	COM	464287200	997	2,967	SH		SOLE		0	0	2,967
ISHARES CORE S&P MID-CAPETF	COM	464287507	672	3,631	SH		SOLE		0	0	3,631
ISHARES CORE S&P SMALL CAP ET	COM	464287804	529	7,546	SH		SOLE		0	0	7,546
ISHARES TR NORTH AMERN TECH ET	COM	464287549	618	2,000	SH		SOLE		0	0	2,000
JOHNSON AND JOHNSON COM	COM	478160104	11,686	78,496	SH		SOLE		0	0	78,496
JPMORGAN CHASE & CO	COM	46625h100	12,714	132,069	SH		SOLE		0	0	132,069
LEGGETT&PLATT INC PV1CT	COM	524660107	1,809	43,953	SH		SOLE		0	0	43,953
LOCKHEED MARTIN CORP	COM	539830109	13,481	35,173	SH		SOLE		0	0	35,173
LOWE'S COMPANIES INC	COM	548661107	775	4,675	SH		SOLE		0	0	4,675
MC CORMICK NON VTG	COM	579780206	601	3,097	SH		SOLE		0	0	3,097
MCCORMICK & CO INC COM VTG	COM	579780107	7,280	37,275	SH		SOLE		0	0	37,275
MCDONALDS CORP COM	COM	580135101	373	1,701	SH		SOLE		0	0	1,701
MEDTRONIC PLC SHS	COM	g5960l103	351	3,385	SH		SOLE		0	0	3,385
MERCK AND CO INC SHS	COM	58933y105	14,211	171,324	SH		SOLE		0	0	171,324
MICROSOFT CORP	COM	594918104	28,203	134,090	SH		SOLE		0	0	134,090
MONDELEZ INTERNATIONAL INC	COM	609207105	10,098	175,783	SH		SOLE		0	0	175,783
NETFLIX COM INC	COM	64110l106	357	714	SH		SOLE		0	0	714
NEXTERA ENERGY INC SHS	COM	65339f101	681	2,456	SH		SOLE		0	0	2,456
NOBLE ENERGY INC	COM	655044105	136	16,000	SH		SOLE		0	0	16,000
NORFOLK SOUTHERN CORP	COM	655844108	10,764	50,303	SH		SOLE		0	0	50,303
NXP SEMICONDUCTORS N.V.	COM	n6596x109	4,877	39,076	SH		SOLE		0	0	39,076
OLIN CORP $1 NEW	COM	680665205	1,112	89,900	SH		SOLE		0	0	89,900
OTIS WORLDWIDE CORP	COM	68902v107	2,865	45,906	SH		SOLE		0	0	45,906
PEPSICO INC	COM	713448108	5,762	41,574	SH		SOLE		0	0	41,574
PFIZER INC	COM	717081103	205	5,603	SH		SOLE		0	0	5,603
PHILIP MORRIS INTL INC	COM	718172109	4,357	58,109	SH		SOLE		0	0	58,109
PINTEREST INC REG SHS CL A	COM	72352l106	441	10,625	SH		SOLE		0	0	10,625
PNC FINCL SERVICES GROUP	COM	693475105	986	8,972	SH		SOLE		0	0	8,972
PRICE T ROWE GROUP INC	COM	74144t108	944	7,367	SH		SOLE		0	0	7,367
PROCTER & GAMBLE CO	COM	742718109	13,018	93,662	SH		SOLE		0	0	93,662
PROLOGIS INC	COM	74340w103	1,026	10,200	SH		SOLE		0	0	10,200
QUALCOMM INC	COM	747525103	9,960	84,641	SH		SOLE		0	0	84,641
RAYTHEON TECHONOLOGIES CORP	COM	75513e101	4,097	71,202	SH		SOLE		0	0	71,202
SCHLUMBERGER LTD	COM	806857108	492	31,630	SH		SOLE		0	0	31,630
SERVICE CORP INTL COM	COM	817565104	210	5,000	SH		SOLE		0	0	5,000
SOUTHERN COMPANY	COM	842587107	227	4,198	SH		SOLE		0	0	4,198
SPDR DOW JONES INDUST AVETF TR	COM	78467x109	4,338	15,634	SH		SOLE		0	0	15,634
SPDR S&P 500 ETF TR TR UNIT	COM	78462f103	1,653	4,936	SH		SOLE		0	0	4,936
SPDR S&P DIVIDEND ETF	COM	78464a763	1,403	15,191	SH		SOLE		0	0	15,191
STATE STREET CORP	COM	857477103	849	14,313	SH		SOLE		0	0	14,313
SYSCO CORPORATION	COM	871829107	1,815	29,171	SH		SOLE		0	0	29,171
TARGET CORP COM	COM	87612e106	21,081	133,916	SH		SOLE		0	0	133,916
THERMO FISHERSCIENTIFIC INC	COM	883556102	220	500	SH		SOLE		0	0	500
TJX COS INC NEW	COM	872540109	11,968	215,061	SH		SOLE		0	0	215,061
UNION PAC CORP COM	COM	907818108	472	2,400	SH		SOLE		0	0	2,400
UNITED PARCEL SVC CL B	COM	911312106	9,165	55,003	SH		SOLE		0	0	55,003
V F CORPORATION	COM	918204108	8,531	121,445	SH		SOLE		0	0	121,445
VANECK VECTORS BIOTECH ETF	COM	92189f726	251	1,550	SH		SOLE		0	0	1,550
VARIAN MEDICAL SYS INC	COM	92220p105	2,426	14,110	SH		SOLE		0	0	14,110
VERIZON COMMUNICATNS COM	COM	92343v104	7,894	132,700	SH		SOLE		0	0	132,700
VISA INC CL A SHRS	COM	92826c839	515	2,577	SH		SOLE		0	0	2,577
WALMART INC	COM	931142103	399	2,856	SH		SOLE		0	0	2,856
WASH R E INV TR SBI $.01REIT	COM	939653101	1,331	66,138	SH		SOLE		0	0	66,138
WELLS FARGO & CO NEW DEL	COM	949746101	3,605	153,348	SH		SOLE		0	0	153,348
ZOETIS INC	COM	98978v103	7,835	47,380	SH		SOLE		0	0	47,380
ISHARES INC CORE MSCI EMERGI	INT	46434g103	311	5,901	SH		SOLE		0	0	5,901
ISHARES MSCI EAFE MIN VOL ETF	INT	46429b689	258	3,800	SH		SOLE		0	0	3,800
ISHARES MSCI EAFE SMALL CAP	INT	464288273	390	6,625	SH		SOLE		0	0	6,625
ISHARES TR CORE MSCI EAFETF	INT	46432f842	718	11,918	SH		SOLE		0	0	11,918
ISHARES TR MSCI EAFE VALUE	INT	464288877	233	5,782	SH		SOLE		0	0	5,782
TAIWAN S MANUFCTRING ADR	INT	874039100	3,319	40,943	SH		SOLE		0	0	40,943
VANGUARD FTSE ALL WORLD EX US	INT	922042775	302	5,987	SH		SOLE		0	0	5,987
VANGUARD FTSE DEVELOPED MARKET	INT	921943858	811	19,840	SH		SOLE		0	0	19,840
VANGUARD FTSE EMERGING MARKET	INT	922042858	1,279	29,585	SH		SOLE		0	0	29,585