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
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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 Co	cs	88579y101	1,212	10,970	SH		SOLE		10,970	0	0
Abbott Laboratories	cs	002824100	552	5,700	SH		SOLE		5,700	0	0
AbbVie Inc	cs	00287y109	2,227	16,593	SH		SOLE		16,593	0	0
Alphabet Inc Cap Stock Cl C	cs	02079k107	1,081	11,240	SH		SOLE		11,240	0	0
American Express Co	cs	025816109	334	2,478	SH		SOLE		2,478	0	0
Apple Inc	cs	037833100	1,007	7,284	SH		SOLE		7,284	0	0
Banc Of California Inc	cs	05990k106	1,387	86,825	SH		SOLE		86,825	0	0
Bancorp Inc	cs	05969a105	3,775	171,765	SH		SOLE		171,765	0	0
Bank America Corp	cs	060505104	745	24,663	SH		SOLE		24,663	0	0
Banner Corp	cs	06652v208	759	12,847	SH		SOLE		12,847	0	0
Berkshire Hathaway Inc Cl B	cs	084670702	1,281	4,799	SH		SOLE		4,799	0	0
Blackstone Group Inc Cl A	cs	09260d107	622	7,429	SH		SOLE		7,429	0	0
Boeing Co	cs	097023105	842	6,957	SH		SOLE		6,957	0	0
Bristol-Myers Squibb Co	cs	110122108	2,190	30,811	SH		SOLE		30,811	0	0
Brooklyn Immunotherapeutics	cs	114082100	9	37,500	SH		SOLE		37,500	0	0
Brown Forman Corp Cl A	cs	115637100	737	10,916	SH		SOLE		10,916	0	0
Brown Forman Corp Cl B	cs	115637209	993	14,920	SH		SOLE		14,920	0	0
Cambridge Bancorp	cs	132152109	1,300	16,308	SH		SOLE		16,308	0	0
Caterpillar Inc	cs	149123101	410	2,500	SH		SOLE		2,500	0	0
Central Securities Corp	cs	155123102	202	6,000	SH		SOLE		6,000	0	0
CF Industries Holdings Inc	cs	125269100	1,276	13,252	SH		SOLE		13,252	0	0
Chevron Corp	cs	166764100	2,936	20,433	SH		SOLE		20,433	0	0
Chubb Limited	cs	h1467j104	686	3,769	SH		SOLE		3,769	0	0
Cincinnati Financial Corp	cs	172062101	228	2,545	SH		SOLE		2,545	0	0
Cisco Systems Inc	cs	17275r102	756	18,910	SH		SOLE		18,910	0	0
Citigroup Inc	cs	172967424	823	19,759	SH		SOLE		19,759	0	0
Coca-Cola Co	cs	191216100	300	5,347	SH		SOLE		5,347	0	0
Colgate Palmolive Co	cs	194162103	535	7,612	SH		SOLE		7,612	0	0
ConocoPhillips	cs	20825c104	2,144	20,950	SH		SOLE		20,950	0	0
Coterra Energy Inc	cs	127097103	1,749	66,978	SH		SOLE		66,978	0	0
Curo Group Holdings Corp	cs	23131l107	413	103,085	SH		SOLE		103,085	0	0
CVS Health Corp	cs	126650100	1,602	16,797	SH		SOLE		16,797	0	0
Danaher Corp	cs	235851102	258	998	SH		SOLE		998	0	0
Davita Inc	cs	23918k108	1,578	19,068	SH		SOLE		19,068	0	0
Deere & Co	cs	244199105	848	2,540	SH		SOLE		2,540	0	0
Diamondback Energy Inc	cs	25278x109	1,758	14,591	SH		SOLE		14,591	0	0
Disney Walt Co Disney	cs	254687106	1,357	14,388	SH		SOLE		14,388	0	0
Draftkings Inc Cl A	cs	26142v105	458	30,270	SH		SOLE		30,270	0	0
Eagle Bulk Shipping Inc Com	cs	y2187a150	286	6,620	SH		SOLE		6,620	0	0
Enbridge Inc	cs	29250n105	549	14,811	SH		SOLE		14,811	0	0
EOG Resources Inc	cs	26875p101	1,660	14,854	SH		SOLE		14,854	0	0
Exxon Mobil Corp	cs	30231g102	1,163	13,315	SH		SOLE		13,315	0	0
First Acceptance Corp	cs	318457108	40	25,800	SH		SOLE		25,800	0	0
General Dynamics Corp	cs	369550108	566	2,670	SH		SOLE		2,670	0	0
General Electric Co Com New	cs	369604301	1,392	22,479	SH		SOLE		22,479	0	0
General Mills Inc	cs	370334104	1,101	14,373	SH		SOLE		14,373	0	0
General Motors Co	cs	37045v100	843	26,276	SH		SOLE		26,276	0	0
Gilead Sciences Inc	cs	375558103	1,764	28,599	SH		SOLE		28,599	0	0
Goodyear Tire & Rubber Co	cs	382550101	925	91,655	SH		SOLE		91,655	0	0
Hershey Co	cs	427866108	408	1,850	SH		SOLE		1,850	0	0
Home Depot Inc	cs	437076102	463	1,678	SH		SOLE		1,678	0	0
Honeywell Intl Inc	cs	438516106	629	3,770	SH		SOLE		3,770	0	0
Illumina Inc	cs	452327109	262	1,373	SH		SOLE		1,373	0	0
Johnson & Johnson	cs	478160104	910	5,573	SH		SOLE		5,573	0	0
JPMorgan Chase & Co	cs	46625h100	743	7,114	SH		SOLE		7,114	0	0
Kinder Morgan Inc	cs	49456b101	905	54,365	SH		SOLE		54,365	0	0
Lennar Corp Cl A	cs	526057104	1,452	19,477	SH		SOLE		19,477	0	0
Lilly Eli & Co	cs	532457108	1,439	4,449	SH		SOLE		4,449	0	0
Lockheed Martin Corp	cs	539830109	1,010	2,615	SH		SOLE		2,615	0	0
Merck & Co Inc	cs	58933y105	2,073	24,069	SH		SOLE		24,069	0	0
MGM Resorts International	cs	552953101	1,579	53,136	SH		SOLE		53,136	0	0
Morgan Stanley	cs	617446448	441	5,578	SH		SOLE		5,578	0	0
Nabors Industries Ltd Shs	cs	g6359f137	214	2,113	SH		SOLE		2,113	0	0
NVR Inc	cs	62944t105	2,285	573	SH		SOLE		573	0	0
Onemain Holdings Inc	cs	68268w103	1,070	36,246	SH		SOLE		36,246	0	0
Oracle Corp	cs	68389x105	368	6,023	SH		SOLE		6,023	0	0
Organon & Co Common Stock	cs	68622v106	1,185	50,625	SH		SOLE		50,625	0	0
PacWest Bancorp Del	cs	695263103	998	44,161	SH		SOLE		44,161	0	0
Pathward Financial Inc	cs	59100u108	795	24,123	SH		SOLE		24,123	0	0
PepsiCo Inc	cs	713448108	644	3,945	SH		SOLE		3,945	0	0
Pfizer Inc	cs	717081103	1,950	44,562	SH		SOLE		44,562	0	0
Pioneer Natural Resources Co	cs	723787107	1,825	8,428	SH		SOLE		8,428	0	0
Procter And Gamble Co	cs	742718109	231	1,830	SH		SOLE		1,830	0	0
Raytheon Technologies Corp	cs	75513e101	1,142	13,947	SH		SOLE		13,947	0	0
Seacoast Banking Corp FL	cs	811707801	201	6,640	SH		SOLE		6,640	0	0
SM Energy Co	cs	78454l100	665	17,670	SH		SOLE		17,670	0	0
Star Bulk Carriers Corp Par	cs	y8162k204	265	15,145	SH		SOLE		15,145	0	0
Synovus Financial Corp	cs	87161c501	218	5,800	SH		SOLE		5,800	0	0
Tesla Inc	cs	88160r101	250	944	SH		SOLE		944	0	0
Triton Intl Ltd Cl A	cs	g9078f107	1,642	30,009	SH		SOLE		30,009	0	0
Triumph Bancorp Inc	cs	89679e300	1,722	31,678	SH		SOLE		31,678	0	0
Union Pacific Corp	cs	907818108	229	1,175	SH		SOLE		1,175	0	0
VF Corp	cs	918204108	817	27,330	SH		SOLE		27,330	0	0
Viatris Inc	cs	92556v106	1,491	174,974	SH		SOLE		174,974	0	0
Visa Inc Cl A	cs	92826c839	280	1,575	SH		SOLE		1,575	0	0
Vulcan Materials Co	cs	929160109	216	1,370	SH		SOLE		1,370	0	0
W&T Offshore Inc	cs	92922p106	76	12,950	SH		SOLE		12,950	0	0
Wells Fargo & Co	cs	949746101	367	9,136	SH		SOLE		9,136	0	0
Western Alliance Bancorp	cs	957638109	1,553	23,625	SH		SOLE		23,625	0	0
Westrock Co	cs	96145d105	1,059	34,280	SH		SOLE		34,280	0	0
Zions Bancorporation	cs	989701107	280	5,500	SH		SOLE		5,500	0	0
Takeda Pharmaceutical Co Ltd S	ad	874060205	1,134	87,460	SH		SOLE		87,460	0	0
Fidelity Tr 500 Index Ins Prem	mf	315911750	2,156	17,257	SH		SOLE		17,257	0	0
Enterprise Products Partners L	ml	293792107	434	18,230	SH		SOLE		18,230	0	0
Magellan Midstream Partners LP	ml	559080106	217	4,575	SH		SOLE		4,575	0	0
Plains All American Pipeline L	ml	726503105	342	32,535	SH		SOLE		32,535	0	0
Iron Mountain Inc	re	46284v101	1,191	27,097	SH		SOLE		27,097	0	0
Physicians Realty Trust	re	71943u104	1,489	99,025	SH		SOLE		99,025	0	0
Weyerhaeuser Co	re	962166104	893	31,282	SH		SOLE		31,282	0	0