Adalta Capital Management LLC

CIK

1698926

Location

NEW YORK, NY

Portfolio Value

Small $201,768,518

Diversification

Diversified

Filing Date

Global Rank

#4,176 / 8,623 ▼ 33 · as of Mar 2026

Top Industry

Asset Management 15.4%

3Y Alpha vs SPY

-6.5%

Period ended 4 months ago

Filed May 18, 2026 · 2mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+43.2%

SPY

+65.3%

Annualised alpha

-5.5%

Max drawdown

−17.5%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

84 tracked positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

7.2%

−2.9 pts

Top 5

30.3%

−5.2 pts

Top 10

50.8%

−5.7 pts

HHI

347

Diversified−73

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Financial Services	34.3%	$69,192,172	15
Technology	14.0%	$28,281,861	10
Healthcare	12.6%	$25,474,175	10
Consumer Cyclical	8.0%	$16,041,523	4
Industrials	7.9%	$15,846,787	12
Communication Services	5.5%	$11,047,767	1
Energy	5.3%	$10,777,482	11
Utilities	4.9%	$9,918,980	8
Real Estate	2.7%	$5,443,356	2
Consumer Defensive	2.5%	$4,996,816	8
Basic Materials	2.4%	$4,747,599	3

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

22 positions

Ticker	Company	Δ Shares	Shares	Value
BRW	Saba Capital Income & Opportunities Fund	+14,885	240,672	$1,622,128
OPCH	Option Care Health, Inc.	+9,525	30,405	$818,502
SLB	Slb Limited/Nv	+7,700	43,894	$2,255,712
WY	Weyerhaeuser Co	+7,100	174,582	$4,265,038
DLY	DoubleLine Yield Opportunities Fund	+6,684	19,684	$274,001
EQT	EQT Corp	+3,750	17,670	$1,124,518
MU	Micron Technology Inc	+2,885	3,635	$1,228,048
HON	Honeywell International Inc	+2,015	3,626	$819,584
AMRZ	Amrize Ltd	+1,680	12,580	$704,731
BTI	British American Tobacco p.l.c.	+1,605	17,120	$1,001,006
CPNG	Coupang, Inc.	+1,335	87,801	$1,657,682
HSY	Hershey Co	+895	4,126	$857,754
TPL	Texas Pacific Land Corp	+670	1,995	$946,747
MELI	Mercadolibre Inc	+529	2,661	$4,600,922
DHR	Danaher Corp /De/	+340	8,864	$1,680,614
DUK	Duke Energy CORP	+250	22,475	$2,942,876
FNV	FRANCO NEVADA Corp	+188	13,946	$3,445,358
LLY	ELI LILLY & Co	+183	1,009	$928,047
BWXT	BWX Technologies, Inc.	+140	10,623	$2,172,297
D	Dominion Energy, Inc	+100	11,800	$729,476
MKL	Markel Group Inc.	+43	2,775	$5,311,543
BRK-B	Berkshire Hathaway Inc	+10	7,203	$3,451,677
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
TIC	TIC Solutions, Inc.	−41,500	2,000	$13,160
GRAB	Grab Holdings Ltd	−35,000	65,880	$241,120
BAM	Brookfield Asset Management Ltd.	−10,707	31,471	$1,398,885
NU	Nu Holdings Ltd.	−7,225	175,875	$2,527,323
MSFT	Microsoft Corp	−5,754	39,474	$14,612,090
GOOGL	Alphabet Inc.	−4,830	38,419	$11,047,767
WRB	Berkley W R Corp	−3,685	9,020	$597,845
QCOM	Qualcomm Inc/De	−2,454	53,457	$6,884,192
GH	Guardant Health, Inc.	−1,815	61,473	$5,678,261
BN	BROOKFIELD Corp /ON/	−1,393	265,083	$10,727,908
ACGL	Arch Capital Group Ltd.	−1,110	53,921	$5,175,876
MRK	Merck & Co., Inc.	−989	88,591	$10,656,611
BXMT	Blackstone Mortgage Trust, Inc.	−829	61,531	$1,178,318
AXP	American Express Co	−740	22,503	$6,806,707
BX	Blackstone Inc.	−670	86,721	$9,972,047
L	Loews Corp	−300	1,700	$181,458
AAPL	Apple Inc.	−200	7,500	$1,903,425
JNJ	Johnson & Johnson	−125	17,096	$4,178,946
AMZN	Amazon Com Inc	−120	850	$177,029
BA	Boeing Co	−100	7,850	$1,562,385
ED	Consolidated Edison Inc	−100	7,867	$890,387
JPM	Jpmorgan Chase & Co	−70	47,610	$14,004,957
BMY	Bristol Myers Squibb Co	−50	18,572	$1,126,391
BEPC	Brookfield Renewable Corp	−27	5,708	$227,349
COST	Costco Wholesale Corp /New	−15	135	$134,518
No positions match the current search.

New Positions

Positions the filer opened this quarter

9 positions

Ticker	Company	Shares	Value
LB	LandBridge Co LLC	11,285	$779,229
WBI	WaterBridge Infrastructure LLC	24,625	$659,703
VNOM	Viper Energy, Inc.	5,680	$266,903
P	Everpure, Inc.	4,110	$242,654
CW	Curtiss Wright Corp	352	$239,754
GNRC	Generac Holdings Inc.	1,080	$210,956
MWA	Mueller Water Products, Inc.	7,225	$198,615
INTC	Intel Corp	4,000	$176,520
ATAI	AtaiBeckley Inc.	10,973	$38,844
No positions match the current search.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
BGB	Blackstone Strategic Credit 2027 Term Fund	10,000	$117,800
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

84 tracked positions · $201,768,518 total · filing declares 120 positions · $209,058,621 · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 84 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
MSFT	Microsoft Corp Technology	Reduced	39,474	-5,754	$14,612,090	−33.2%	7.24%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	47,610	-70	$14,004,957	−8.8%	6.94%
GOOGL	Alphabet Inc. Communication Services	Reduced	38,419	-4,830	$11,047,767	−18.4%	5.48%
BN	BROOKFIELD Corp /ON/ Financial Services	Reduced	265,083	-1,393	$10,727,908	−12.3%	5.32%
MRK	Merck & Co., Inc. Healthcare	Reduced	88,591	-989	$10,656,611	+13.0%	5.28%
BX	Blackstone Inc. Financial Services	Reduced	86,721	-670	$9,972,047	−26.0%	4.94%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	29,207	-10	$9,605,890	−4.5%	4.76%
UNP	Union Pacific Corp Industrials	Held	33,685	0	$8,172,654	+4.9%	4.05%
QCOM	Qualcomm Inc/De Technology	Reduced	53,457	-2,454	$6,884,192	−28.0%	3.41%
PFX	PhenixFIN Corp Financial Services	Held	175,569	0	$6,857,725	−11.6%	3.40%
AXP	American Express Co Financial Services	Reduced	22,503	-740	$6,806,707	−20.8%	3.37%
GH	Guardant Health, Inc. Healthcare	Reduced	61,473	-1,815	$5,678,261	−12.2%	2.81%
MKL	Markel Group Inc. Financial Services	Added	2,775	+43	$5,311,543	−9.6%	2.63%
ACGL	Arch Capital Group Ltd. Financial Services	Reduced	53,921	-1,110	$5,175,876	−1.9%	2.57%
MELI	Mercadolibre Inc Consumer Cyclical	Added	2,661	+529	$4,600,922	+7.1%	2.28%
WY	Weyerhaeuser Co Real Estate	Added	174,582	+7,100	$4,265,038	+7.5%	2.11%
JNJ	Johnson & Johnson Healthcare	Reduced	17,096	-125	$4,178,946	+17.3%	2.07%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	7,203	+10	$3,451,677	−4.5%	1.71%
FNV	FRANCO NEVADA Corp Basic Materials	Added	13,946	+188	$3,445,358	+20.8%	1.71%
SO	Southern Co Utilities	Held	32,838	0	$3,169,523	+10.7%	1.57%
DUK	Duke Energy CORP Utilities	Added	22,475	+250	$2,942,876	+13.0%	1.46%
NU	Nu Holdings Ltd. Financial Services	Reduced	175,875	-7,225	$2,527,323	−17.5%	1.25%
CSCO	Cisco Systems, Inc. Technology	Held	31,024	0	$2,407,152	+0.7%	1.19%
SLB	Slb Limited/Nv Energy	Added	43,894	+7,700	$2,255,712	+62.4%	1.12%
BWXT	BWX Technologies, Inc. Industrials	Added	10,623	+140	$2,172,297	+19.9%	1.08%
AAPL	Apple Inc. Technology	Reduced	7,500	-200	$1,903,425	−9.1%	0.94%
CVX	Chevron Corp Energy	Held	8,969	0	$1,855,686	+35.8%	0.92%
DHR	Danaher Corp /De/ Healthcare	Added	8,864	+340	$1,680,614	−13.9%	0.83%
CPNG	Coupang, Inc. Consumer Cyclical	Added	87,801	+1,335	$1,657,682	−18.7%	0.82%
BRW	Saba Capital Income & Opportunities Fund Financial Services	Added	240,672	+14,885	$1,622,128	+2.5%	0.80%
BA	Boeing Co Industrials	Reduced	7,850	-100	$1,562,385	−9.5%	0.77%
CNI	Canadian National Railway Co Industrials	Held	13,700	0	$1,407,949	+4.0%	0.70%
BAM	Brookfield Asset Management Ltd. Financial Services	Reduced	31,471	-10,707	$1,398,885	−36.7%	0.69%
XOM	ExxonMobil Holdings Corp Energy	Held	8,121	0	$1,377,808	+41.0%	0.68%
MU	Micron Technology Inc Technology	Added	3,635	+2,885	$1,228,048	+473.7%	0.61%
BXMT	Blackstone Mortgage Trust, Inc. Real Estate	Reduced	61,531	-829	$1,178,318	−1.2%	0.58%
BMY	Bristol Myers Squibb Co Healthcare	Reduced	18,572	-50	$1,126,391	+12.1%	0.56%
EQT	EQT Corp Energy	Added	17,670	+3,750	$1,124,518	+50.7%	0.56%
BTI	British American Tobacco p.l.c. Consumer Defensive	Added	17,120	+1,605	$1,001,006	+14.0%	0.50%
TPL	Texas Pacific Land Corp Energy	Added	1,995	+670	$946,747	+148.8%	0.47%
LLY	ELI LILLY & Co Healthcare	Added	1,009	+183	$928,047	+4.5%	0.46%
ED	Consolidated Edison Inc Utilities	Reduced	7,867	-100	$890,387	+12.5%	0.44%
HSY	Hershey Co Consumer Defensive	Added	4,126	+895	$857,754	+45.9%	0.43%
HON	Honeywell International Inc Industrials	Added	3,626	+2,015	$819,584	+160.8%	0.41%
OPCH	Option Care Health, Inc. Healthcare	Added	30,405	+9,525	$818,502	+23.0%	0.41%
LB	LandBridge Co LLC Energy	NEW	11,285	NEW	$779,229	NEW	0.39%
CL	Colgate Palmolive Co Consumer Defensive	Held	8,810	0	$750,876	+7.9%	0.37%
BEP	Brookfield Renewable Partners L.P. Utilities	Held	22,451	0	$732,800	+21.0%	0.36%
D	Dominion Energy, Inc Utilities	Added	11,800	+100	$729,476	+6.4%	0.36%
AMRZ	Amrize Ltd Basic Materials	Added	12,580	+1,680	$704,731	+19.6%	0.35%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.