Adalta Capital Management LLC
Filing Date
Global Rank
#3,834
/ 8,232
▲ 81
Top Industry
Asset Management
15.4%
3Y Alpha vs SPY
-7.1%
Period ended 2 months ago
Filed May 18, 2026 · 27d
25 quarters · since Mar 2020
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+46.9%
SPY
+76.3%
Annualised alpha
-7.1%
Max drawdown
−17.4%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
84 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top 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 |
|---|---|---|
| Financial Services | 34.3% | $69,192,172 |
| Technology | 14.0% | $28,281,861 |
| Healthcare | 12.6% | $25,474,175 |
| Consumer Cyclical | 8.0% | $16,041,523 |
| Industrials | 7.9% | $15,846,787 |
| Communication Services | 5.5% | $11,047,767 |
| Energy | 5.3% | $10,777,482 |
| Utilities | 4.9% | $9,918,980 |
| Real Estate | 2.7% | $5,443,356 |
| Consumer Defensive | 2.5% | $4,996,816 |
| Basic Materials | 2.4% | $4,747,599 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
22 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| 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 | Open |
|---|---|---|---|---|---|
| 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 | Open |
|---|---|---|---|---|
| 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. | ||||
84 positions ·
$201,768,518 total
· 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 | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| TIC |
TIC Solutions, Inc.
Industrials
|
Reduced | 2,000 | $13,160 | 0.01% | |
| ATAI |
AtaiBeckley Inc.
Healthcare
|
NEW | 10,973 | $38,844 | 0.02% | |
| COST |
Costco Wholesale Corp /New
Consumer Defensive
|
Reduced | 135 | $134,518 | 0.07% | |
| ISRG |
Intuitive Surgical Inc
Healthcare
|
Held | 375 | $172,871 | 0.09% | |
| INTC |
Intel Corp
Technology
|
NEW | 4,000 | $176,520 | 0.09% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Reduced | 850 | $177,029 | 0.09% | |
| L |
Loews Corp
Financial Services
|
Reduced | 1,700 | $181,458 | 0.09% | |
| ABBV |
AbbVie Inc.
Healthcare
|
Held | 897 | $195,088 | 0.10% | |
| SNOW |
Snowflake Inc.
Technology
|
Held | 1,295 | $195,311 | 0.10% | |
| MWA |
Mueller Water Products, Inc.
Industrials
|
NEW | 7,225 | $198,615 | 0.10% | |
| GNRC |
Generac Holdings Inc.
Industrials
|
NEW | 1,080 | $210,956 | 0.10% | |
| BEPC |
Brookfield Renewable Corp
Utilities
|
Reduced | 5,708 | $227,349 | 0.11% | |
| CW |
Curtiss Wright Corp
Industrials
|
NEW | 352 | $239,754 | 0.12% | |
| GRAB |
Grab Holdings Ltd
Technology
|
Reduced | 65,880 | $241,120 | 0.12% | |
| P |
Everpure, Inc.
Technology
|
NEW | 4,110 | $242,654 | 0.12% | |
| RTX |
RTX Corp
Industrials
|
Held | 1,300 | $250,770 | 0.12% | |
| WMB |
Williams Companies, Inc.
Energy
|
Held | 3,615 | $263,099 | 0.13% | |
| VNOM |
Viper Energy, Inc.
Energy
|
NEW | 5,680 | $266,903 | 0.13% | |
| DLY |
DoubleLine Yield Opportunities Fund
Financial Services
|
Added | 19,684 | $274,001 | 0.14% | |
| CMC |
COMMERCIAL METALS Co
Industrials
|
Held | 4,565 | $280,427 | 0.14% | |
| UTF |
Cohen & Steers Infrastructure Fund Inc
Financial Services
|
Held | 10,900 | $282,092 | 0.14% | |
| AMAT |
Applied Materials Inc /De
Technology
|
Held | 1,145 | $391,349 | 0.19% | |
| KO |
Coca Cola Co
Consumer Defensive
|
Held | 5,625 | $427,781 | 0.21% | |
| DE |
Deere & Co
Industrials
|
Held | 920 | $518,236 | 0.26% | |
| PG |
PROCTER & GAMBLE Co
Consumer Defensive
|
Held | 3,770 | $544,538 | 0.27% | |
| EPD |
Enterprise Products Partners L.P.
Energy
|
Held | 14,675 | $555,302 | 0.28% | |
| KMB |
Kimberly Clark Corp
Consumer Defensive
|
Held | 6,005 | $579,302 | 0.29% | |
| EIX |
Edison International
Utilities
|
Held | 8,000 | $585,440 | 0.29% | |
| MLM |
Martin Marietta Materials Inc
Basic Materials
|
Held | 1,015 | $597,510 | 0.30% | |
| WRB |
Berkley W R Corp
Financial Services
|
Reduced | 9,020 | $597,845 | 0.30% | |
| PCG |
PG&E Corp
Utilities
|
Held | 36,490 | $641,129 | 0.32% | |
| WBI |
WaterBridge Infrastructure LLC
Energy
|
NEW | 24,625 | $659,703 | 0.33% | |
| ENB |
Enbridge Inc
Energy
|
Held | 12,796 | $692,775 | 0.34% | |
| PM |
Philip Morris International Inc.
Consumer Defensive
|
Held | 4,240 | $701,041 | 0.35% | |
| AMRZ |
Amrize Ltd
Basic Materials
|
Added | 12,580 | $704,731 | 0.35% | |
| D |
Dominion Energy, Inc
Utilities
|
Added | 11,800 | $729,476 | 0.36% | |
| BEP |
Brookfield Renewable Partners L.P.
Utilities
|
Held | 22,451 | $732,800 | 0.36% | |
| CL |
Colgate Palmolive Co
Consumer Defensive
|
Held | 8,810 | $750,876 | 0.37% | |
| LB |
LandBridge Co LLC
Energy
|
NEW | 11,285 | $779,229 | 0.39% | |
| OPCH |
Option Care Health, Inc.
Healthcare
|
Added | 30,405 | $818,502 | 0.41% | |
| HON |
Honeywell International Inc
Industrials
|
Added | 3,626 | $819,584 | 0.41% | |
| HSY |
Hershey Co
Consumer Defensive
|
Added | 4,126 | $857,754 | 0.43% | |
| ED |
Consolidated Edison Inc
Utilities
|
Reduced | 7,867 | $890,387 | 0.44% | |
| LLY |
ELI LILLY & Co
Healthcare
|
Added | 1,009 | $928,047 | 0.46% | |
| TPL |
Texas Pacific Land Corp
Energy
|
Added | 1,995 | $946,747 | 0.47% | |
| BTI |
British American Tobacco p.l.c.
Consumer Defensive
|
Added | 17,120 | $1,001,006 | 0.50% | |
| EQT |
EQT Corp
Energy
|
Added | 17,670 | $1,124,518 | 0.56% | |
| BMY |
Bristol Myers Squibb Co
Healthcare
|
Reduced | 18,572 | $1,126,391 | 0.56% | |
| BXMT |
Blackstone Mortgage Trust, Inc.
Real Estate
|
Reduced | 61,531 | $1,178,318 | 0.58% | |
| MU |
Micron Technology Inc
Technology
|
Added | 3,635 | $1,228,048 | 0.61% |