Sippican Capital Advisors 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
AMAZON COM INC COM	Stock	023135106	222	120	SH		SOLE		120	0	0
ONEMAIN HLDGS INC COM	Stock	68268W103	993	23,550	SH		SOLE		23,550	0	0
CENTRAL SECS CORP COM	CEF	155123102	960	29,000	SH		SOLE		29,000	0	0
VULCAN MATLS CO COM	Stock	929160109	792	5,500	SH		SOLE		5,500	0	0
JOHNSON & JOHNSON COM	Stock	478160104	871	5,974	SH		SOLE		5,974	0	0
NOBLE ENERGY INC COM	Stock	655044105	1,691	68,078	SH		SOLE		68,078	0	0
ROYAL DUTCH SHELL PLC SPONS ADR A	ADR	780259206	292	4,950	SH		SOLE		4,950	0	0
PROCTER & GAMBLE CO COM	Stock	742718109	264	2,117	SH		SOLE		2,117	0	0
COCA COLA CO COM	Stock	191216100	317	5,722	SH		SOLE		5,722	0	0
GENERAL MLS INC COM	Stock	370334104	1,274	23,780	SH		SOLE		23,780	0	0
ENTERPRISE PRODS PARTNERS L P COM	Stock	293792107	398	14,126	SH		SOLE		14,126	0	0
INTEL CORP COM	Stock	458140100	825	13,785	SH		SOLE		13,785	0	0
WESTERN ALLIANCE BANCORP COM	Stock	957638109	1,862	32,667	SH		SOLE		32,667	0	0
STAR BULK CARRIERS CORP SHS PAR	Stock	Y8162K204	218	18,440	SH		SOLE		18,440	0	0
PACCAR INC COM	Stock	693718108	501	6,330	SH		SOLE		6,330	0	0
EAGLE BULK SHIPPING INC SHS NEW	Stock	Y2187A143	97	21,000	SH		SOLE		21,000	0	0
BANCORP INC DEL COM	Stock	05969A105	3,161	243,745	SH		SOLE		243,745	0	0
MERCK & CO INC COM	Stock	58933Y105	1,972	21,682	SH		SOLE		21,681	0	0
ANNALY CAP MGMT INC COM	REIT	035710409	279	29,630	SH		SOLE		29,630	0	0
NVR INC COM	Stock	62944T105	3,184	836	SH		SOLE		836	0	0
CHUBB LIMITED COM	Stock	H1467J104	1,018	6,538	SH		SOLE		6,538	0	0
PEPSICO INC COM	Stock	713448108	759	5,550	SH		SOLE		5,550	0	0
HONEYWELL INTL INC COM	Stock	438516106	1,631	9,214	SH		SOLE		9,214	0	0
HOME DEPOT INC COM	Stock	437076102	454	2,080	SH		SOLE		2,080	0	0
TRISTATE CAP HLDGS INC COM	Stock	89678F100	1,414	54,123	SH		SOLE		54,123	0	0
BERKSHIRE HATHAWAY INC DEL CL B NEW	Stock	084670702	1,970	8,697	SH		SOLE		8,697	0	0
ADOBE INC COM	Stock	00724F101	660	2,000	SH		SOLE		2,000	0	0
WEYERHAEUSER CO COM	Stock	962166104	989	32,764	SH		SOLE		32,764	0	0
LENNAR CORP CL A	Stock	526057104	1,663	29,813	SH		SOLE		29,813	0	0
CVS HEALTH CORP COM	Stock	126650100	1,054	14,191	SH		SOLE		14,191	0	0
V F CORP COM	Stock	918204108	384	3,855	SH		SOLE		3,855	0	0
BOEING CO COM	Stock	097023105	412	1,265	SH		SOLE		1,265	0	0
OASIS PETE INC NEW COM	Stock	674215108	58	17,791	SH		SOLE		17,791	0	0
NABORS INDUSTRIES LTD SHS	Stock	G6359F103	139	48,335	SH		SOLE		48,335	0	0
BROWN FORMAN CORP CL A	Stock	115637100	848	31,923	SH		SOLE		31,923	0	0
GENERAL MTRS CO COM	Stock	37045V100	789	21,549	SH		SOLE		21,549	0	0
PLAINS ALL AMERN PIPELINE L P UNIT LTD PARTN	Stock	726503105	378	20,536	SH		SOLE		20,536	0	0
VALARIS PLC SHS CLASS A	Stock	G9402V109	140	21,291	SH		SOLE		21,291	0	0
LILLY ELI & CO COM	Stock	532457108	1,114	8,479	SH		SOLE		8,479	0	0
TEKLA HEALTHCARE INVS SH BEN INT	CEF	87911J103	355	17,000	SH		SOLE		17,000	0	0
BROWN FORMAN CORP CL B	Stock	115637209	1,062	20,244	SH		SOLE		20,244	0	0
BOK FINL CORP COM NEW	Stock	05561Q201	608	6,956	SH		SOLE		6,956	0	0
ALLERGAN PLC SHS	Stock	G0177J108	429	2,245	SH		SOLE		2,245	0	0
ENERGY TRANSFER LP COM UT LTD PTN	Stock	29273V100	352	27,401	SH		SOLE		27,401	0	0
EATON VANCE CORP COM NON VTG	Stock	278265103	439	9,406	SH		SOLE		9,406	0	0
META FINL GROUP INC COM	Stock	59100U108	375	10,278	SH		SOLE		10,278	0	0
CAMBRIDGE BANCORP COM	Stock	132152109	1,905	23,769	SH		SOLE		23,769	0	0
VISA INC COM CL A	Stock	92826C839	456	2,425	SH		SOLE		2,425	0	0
HERSHEY CO COM	Stock	427866108	345	2,350	SH		SOLE		2,350	0	0
BANC OF CALIFORNIA INC COM	Stock	05990K106	767	44,670	SH		SOLE		44,670	0	0
DIAMONDBACK ENERGY INC COM	Stock	25278X109	672	7,233	SH		SOLE		7,233	0	0
PIONEER NAT RES CO COM	Stock	723787107	2,033	13,433	SH		SOLE		13,433	0	0
MCDERMOTT INTL INC COM	Stock	580037703	33	48,277	SH		SOLE		48,277	0	0
CIMAREX ENERGY CO COM	Stock	171798101	795	15,143	SH		SOLE		15,143	0	0
CF INDS HLDGS INC COM	Stock	125269100	1,291	27,045	SH		SOLE		27,045	0	0
ENBRIDGE INC COM	Stock	29250N105	566	14,225	SH		SOLE		14,225	0	0
EOG RES INC COM	Stock	26875P101	1,535	18,321	SH		SOLE		18,321	0	0
ABBVIE INC COM	Stock	00287Y109	2,038	23,015	SH		SOLE		23,015	0	0
SM ENERGY CO COM	Stock	78454L100	299	26,643	SH		SOLE		26,643	0	0
BLACKSTONE GROUP INC COM CL A	Stock	09260D107	607	10,859	SH		SOLE		10,859	0	0
SEACOAST BKG CORP FLA COM NEW	Stock	811707801	220	7,210	SH		SOLE		7,210	0	0
SYNOVUS FINL CORP COM NEW	Stock	87161C501	577	14,708	SH		SOLE		14,708	0	0
ZIMMER BIOMET HLDGS INC COM	Stock	98956P102	201	1,340	SH		SOLE		1,340	0	0
MGM RESORTS INTERNATIONAL COM	Stock	552953101	292	8,775	SH		SOLE		8,775	0	0
LYON WILLIAM HOMES CL A NEW	Stock	552074700	438	21,900	SH		SOLE		21,900	0	0
CISCO SYS INC COM	Stock	17275R102	762	15,892	SH		SOLE		15,892	0	0
AT&T INC COM	Stock	00206R102	1,419	36,303	SH		SOLE		36,303	0	0
PHYSICIANS RLTY TR COM	REIT	71943U104	282	14,873	SH		SOLE		14,873	0	0
GENERAL ELECTRIC CO COM	Stock	369604103	734	65,770	SH		SOLE		65,770	0	0
NOBLE CORP PLC SHS USD	Stock	G65431101	232	190,475	SH		SOLE		190,475	0	0
SCORPIO BULKERS INC COM	Stock	Y7546A122	186	29,270	SH		SOLE		29,270	0	0
WELLS FARGO CO NEW COM	Stock	949746101	1,254	23,314	SH		SOLE		23,314	0	0
CONCHO RES INC COM	Stock	20605P101	1,263	14,425	SH		SOLE		14,425	0	0
UNION PACIFIC CORP COM	Stock	907818108	267	1,475	SH		SOLE		1,475	0	0
JPMORGAN CHASE & CO COM	Stock	46625H100	1,566	11,235	SH		SOLE		11,235	0	0
CHEVRON CORP NEW COM	Stock	166764100	2,160	17,922	SH		SOLE		17,922	0	0
CINCINNATI FINL CORP COM	Stock	172062101	342	3,250	SH		SOLE		3,250	0	0
DANAHER CORPORATION COM	Stock	235851102	222	1,447	SH		SOLE		1,447	0	0
BANK AMER CORP COM	Stock	060505104	409	11,600	SH		SOLE		11,600	0	0
INTERNATIONAL BUSINESS MACHS COM	Stock	459200101	2,106	15,712	SH		SOLE		15,712	0	0
PFIZER INC COM	Stock	717081103	1,778	45,392	SH		SOLE		45,392	0	0
3M CO COM	Stock	88579Y101	280	1,589	SH		SOLE		1,589	0	0
GILEAD SCIENCES INC COM	Stock	375558103	1,299	19,994	SH		SOLE		19,994	0	0
CATERPILLAR INC DEL COM	Stock	149123101	443	3,000	SH		SOLE		3,000	0	0
ALPHABET INC CAP STK CL C	Stock	02079K107	1,174	878	SH		SOLE		878	0	0
AMERICAN EXPRESS CO COM	Stock	025816109	809	6,498	SH		SOLE		6,498	0	0
ZIONS BANCORPORATION N A COM	Stock	989701107	483	9,300	SH		SOLE		9,300	0	0
PARSLEY ENERGY INC CL A	Stock	701877102	680	35,939	SH		SOLE		35,939	0	0
EATON CORP PLC SHS	Stock	G29183103	227	2,400	SH		SOLE		2,400	0	0
FRP HLDGS INC COM	Stock	30292L107	538	10,800	SH		SOLE		10,800	0	0
BRISTOL MYERS SQUIBB CO COM	Stock	110122108	2,415	37,621	SH		SOLE		37,621	0	0
EXXON MOBIL CORP COM	Stock	30231G102	1,181	16,918	SH		SOLE		16,918	0	0
TRAVELERS COMPANIES INC COM	Stock	89417E109	356	2,600	SH		SOLE		2,600	0	0
ROYAL DUTCH SHELL PLC SPON ADR B	ADR	780259107	209	3,486	SH		SOLE		3,486	0	0
PACWEST BANCORP DEL COM	Stock	695263103	514	13,425	SH		SOLE		13,425	0	0
DEERE & CO COM	Stock	244199105	783	4,520	SH		SOLE		4,520	0	0
COLGATE PALMOLIVE CO COM	Stock	194162103	758	11,010	SH		SOLE		11,010	0	0
TRITON INTL LTD CL A	Stock	G9078F107	1,467	36,492	SH		SOLE		36,492	0	0
BANK HAWAII CORP COM	Stock	062540109	340	3,577	SH		SOLE		3,577	0	0
WESTROCK CO COM	Stock	96145D105	1,921	44,765	SH		SOLE		44,765	0	0
CAPSTEAD MTG CORP COM NO PAR	REIT	14067E506	94	11,925	SH		SOLE		11,925	0	0
BANNER CORP COM NEW	Stock	06652V208	699	12,358	SH		SOLE		12,358	0	0
APPLE INC COM	Stock	037833100	1,071	3,648	SH		SOLE		3,648	0	0
UNITED CMNTY BKS BLAIRSVLE GA COM	Stock	90984P303	434	14,050	SH		SOLE		14,050	0	0
ABBOTT LABS COM	Stock	002824100	689	7,932	SH		SOLE		7,932	0	0
DISNEY WALT CO COM DISNEY	Stock	254687106	1,303	9,007	SH		SOLE		9,007	0	0