Annandale Capital, LLC

CIK

1811739

Location

DALLAS, TX

Portfolio Value

Small $333,768,250

Diversification

Diversified

Filing Date

Global Rank

#3,447 / 8,517 ▼ 307

Top Industry

Internet Content & Information 11.4%

3Y Alpha vs SPY

+24.8%

Period ended 46 days ago

Filed Aug 13, 2026 · 2d

23 quarters · since Dec 2020

Clone Performance

Aug 2023–Aug 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.

Not a measure of this manager's performance. Most of Annandale Capital, LLC's reported book is option positions, which a stock-only clone cannot replicate. The figures below are the return of the 75% that is ordinary stock — as little as 2% in one quarter — so a manager whose options thesis lost money can still show a large gain here.

Cloned portfolio

+208.3%

SPY

+75.3%

Annualised alpha

+25.0%

Max drawdown

−17.0%

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. Returns use comparable raw closes and exclude dividends; a captured split can shorten the simulated window. It tracks 75% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

81 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

12.4%

−15.3 pts

Top 5

35.4%

−12.6 pts

Top 10

53.2%

−8.9 pts

HHI

416

Diversified−549

Portfolio Trend

23 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Financial Services	21.1%	$70,439,767	22
Unclassified	20.6%	$68,620,443	6
Technology	18.6%	$62,191,413	11
Communication Services	11.3%	$37,624,256	4
Healthcare	9.2%	$30,748,286	14
Consumer Cyclical	8.5%	$28,226,321	4
Energy	4.1%	$13,668,328	8
Consumer Defensive	3.7%	$12,271,974	3
Industrials	3.0%	$9,926,462	8
Basic Materials	0.0%	$51,000	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

19 positions

Ticker	Company	Δ Shares	Shares	Value
DCOR	Dimensional US Core Equity 1 ETF	+67,331	503,749	$41,297,343
NVDA	Nvidia Corp	+21,988	34,841	$6,971,335
AAPL	Apple Inc.	+16,422	40,508	$11,721,394
MSFT	Microsoft Corp	+16,343	63,180	$23,567,403
ABT	Abbott Laboratories	+16,300	44,814	$4,066,422
BKNG	Booking Holdings Inc.	+15,672	16,325	$2,909,768
BDX	Becton Dickinson & Co	+6,600	15,961	$2,415,378
MRK	Merck & Co., Inc.	+6,310	11,035	$1,417,997
AR	ANTERO RESOURCES Corp	+6,310	26,464	$929,944
TMO	Thermo Fisher Scientific Inc.	+1,000	5,452	$2,733,414
TSLA	Tesla, Inc.	+774	1,424	$598,934
CPRT	Copart Inc	+598	132,542	$3,736,358
APO	Apollo Global Management, Inc.	+245	13,860	$1,639,776
HD	Home Depot, Inc.	+130	34,424	$12,140,656
V	Visa Inc.	+123	14,568	$4,998,135
DIA	Spdr Dow Jones Industrial Average ETF Trust	+70	813	$424,703
AON	Aon plc	+59	21,091	$6,995,673
AMZN	Amazon Com Inc	+45	52,769	$12,576,963
BRK-B	Berkshire Hathaway Inc	+6	27,068	$14,292,906
No positions match the current search.

Trimmed

Positions the filer reduced

19 positions

Ticker	Company	Δ Shares	Shares	Value
SPY	Spdr S&P 500 ETF Trust	−70,396	90,370	$22,568,983
FAF	First American Financial Corp	−52,500	77,855	$5,340,074
KDP	Keurig Dr Pepper Inc.	−34,300	81,958	$2,682,485
WRB	Berkley W R Corp	−22,800	36,279	$2,558,757
URGN	UroGen Pharma Ltd.	−13,127	45,425	$1,671,640
MRSH	Marsh & Mclennan Companies, Inc.	−8,900	12,480	$2,080,041
AKRE	Akre Focus ETF	−8,650	63,218	$3,362,565
ET	Energy Transfer LP	−3,353	348,462	$6,662,593
GOOGL	Alphabet Inc.	−3,143	46,340	$16,475,418
UNP	Union Pacific Corp	−2,600	7,610	$2,069,920
XOM	ExxonMobil Holdings Corp	−594	1,975	$270,022
DELL	Dell Technologies Inc.	−574	1,253	$540,619
AVGO	Broadcom Inc.	−481	724	$273,491
META	Meta Platforms, Inc.	−321	24,354	$13,718,364
ACGL	Arch Capital Group Ltd.	−200	61,870	$6,005,102
CVX	Chevron Corp	−75	1,289	$213,664
WMT	Walmart Inc.	−54	81,779	$9,262,289
JNJ	Johnson & Johnson	−30	20,987	$5,330,068
UBER	Uber Technologies, Inc	−10	108,113	$7,801,434
No positions match the current search.

New Positions

Positions the filer opened this quarter

12 positions

Ticker	Company	Shares	Value
TSM	Taiwan Semiconductor Manufacturing Co Ltd	6,319	$3,017,764
WBD	Warner Bros. Discovery, Inc.	57,177	$1,524,338
MDT	Medtronic plc	19,044	$1,489,812
NVO	Novo Nordisk A S	24,000	$1,150,560
IQV	Iqvia Holdings Inc.	5,300	$1,024,066
CLSK	Cleanspark, Inc.	43,572	$633,972
BRO	Brown & Brown, Inc.	7,600	$487,540
FIX	Comfort Systems USA Inc	200	$396,390
MSTR	Strategy Inc	4,269	$371,104
USFD	US Foods Holding Corp.	3,200	$327,200
AOS	Smith A O Corp	4,700	$294,784
EOSE	Eos Energy Enterprises, Inc.	12,870	$75,675
No positions match the current search.

Sold Out

Positions the filer fully exited

10 positions

Ticker	Company	Shares	Value
TXN	Texas Instruments Inc	9,062	$1,759,296
CTVA	Corteva, Inc.	5,767	$482,755
Q	Qnity Electronics, Inc.	2,897	$334,255
T	At&T Inc.	9,265	$268,592
DD	DuPont de Nemours, Inc.	5,795	$265,410
BA	Boeing Co	1,282	$255,156
DOW	Dow Inc.	5,795	$241,361
EPD	Enterprise Products Partners L.P.	6,092	$230,521
SLV	iShares Silver Trust	3,000	$204,420
KMI	Kinder Morgan, Inc.	6,064	$203,325
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

81 tracked positions · $333,768,250 total · filing declares 128 positions · $732,848 · as of Jun 30, 2026

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

Showing 1–50 of 81 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
DCOR	Dimensional US Core Equity 1 ETF	Added	503,749	+67,331	$41,297,343	+31.3%	12.37%
MSFT	Microsoft Corp Technology	Added	63,180	+16,343	$23,567,403	+35.9%	7.06%
SPY	Spdr S&P 500 ETF Trust PUT + SHARES	Reduced	90,370	-70,396	$22,568,983	−78.4%	6.76%
GOOGL	Alphabet Inc. Communication Services	Reduced	46,340	-3,143	$16,475,418	+15.9%	4.94%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	27,068	+6	$14,292,906	+10.2%	4.28%
META	Meta Platforms, Inc. Communication Services	Reduced	24,354	-321	$13,718,364	−2.8%	4.11%
AMZN	Amazon Com Inc Consumer Cyclical	Added	52,769	+45	$12,576,963	+14.5%	3.77%
HD	Home Depot, Inc. Consumer Cyclical	Added	34,424	+130	$12,140,656	+7.6%	3.64%
AAPL	Apple Inc. Technology	Added	40,508	+16,422	$11,721,394	+91.8%	3.51%
WMT	Walmart Inc. Consumer Defensive	Reduced	81,779	-54	$9,262,289	−8.9%	2.78%
UBER	Uber Technologies, Inc Technology	Reduced	108,113	-10	$7,801,434	+0.3%	2.34%
PGR	Progressive Corp/Oh/ Financial Services	Held	32,794	0	$7,163,849	+10.2%	2.15%
ABBV	AbbVie Inc. Healthcare	Held	28,032	0	$7,053,972	+15.7%	2.11%
AON	Aon plc Financial Services	Added	21,091	+59	$6,995,673	+3.0%	2.10%
NVDA	Nvidia Corp Technology	Added	34,841	+21,988	$6,971,335	+211.0%	2.09%
ET	Energy Transfer LP Energy	Reduced	348,462	-3,353	$6,662,593	−1.9%	2.00%
CSCO	Cisco Systems, Inc. Technology	Held	55,815	0	$6,556,029	+51.4%	1.96%
ACGL	Arch Capital Group Ltd. Financial Services	Reduced	61,870	-200	$6,005,102	+0.8%	1.80%
NFLX	Netflix Inc Communication Services	Held	82,719	0	$5,906,136	−25.7%	1.77%
FAF	First American Financial Corp Financial Services	Reduced	77,855	-52,500	$5,340,074	−32.1%	1.60%
JNJ	Johnson & Johnson Healthcare	Reduced	20,987	-30	$5,330,068	+3.8%	1.60%
V	Visa Inc. Financial Services	Added	14,568	+123	$4,998,135	+14.5%	1.50%
ABT	Abbott Laboratories Healthcare	Added	44,814	+16,300	$4,066,422	+38.9%	1.22%
CPRT	Copart Inc Industrials	Added	132,542	+598	$3,736,358	−14.7%	1.12%
AKRE	Akre Focus ETF	Reduced	63,218	-8,650	$3,362,565	−11.5%	1.01%
SCHW	Schwab Charles Corp Financial Services	Held	35,848	0	$3,307,694	−1.8%	0.99%
FCNCA	First Citizens Bancshares Inc /De/ Financial Services	Held	1,530	0	$3,183,608	+10.4%	0.95%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	NEW	6,319	NEW	$3,017,764	NEW	0.90%
BKNG	Booking Holdings Inc. Consumer Cyclical	Added	16,325	+15,672	$2,909,768	+5.8%	0.87%
TMO	Thermo Fisher Scientific Inc. Healthcare	Added	5,452	+1,000	$2,733,414	+24.9%	0.82%
KDP	Keurig Dr Pepper Inc. Consumer Defensive	Reduced	81,958	-34,300	$2,682,485	−12.4%	0.80%
JPM	Jpmorgan Chase & Co Financial Services	Held	7,842	0	$2,566,921	+11.3%	0.77%
WRB	Berkley W R Corp Financial Services	Reduced	36,279	-22,800	$2,558,757	−34.7%	0.77%
NRP	Natural Resource Partners LP Energy	Held	26,207	0	$2,542,079	−19.8%	0.76%
BDX	Becton Dickinson & Co Healthcare	Added	15,961	+6,600	$2,415,378	+64.1%	0.72%
OKE	Oneok Inc /New/ Energy	Held	27,587	0	$2,398,413	−3.8%	0.72%
MRSH	Marsh & Mclennan Companies, Inc. Financial Services	Reduced	12,480	-8,900	$2,080,041	−43.9%	0.62%
UNP	Union Pacific Corp Industrials	Reduced	7,610	-2,600	$2,069,920	−16.4%	0.62%
MKL	Markel Group Inc. Financial Services	Held	1,012	0	$1,976,446	+2.0%	0.59%
ICE	Intercontinental Exchange, Inc. Financial Services	Held	15,188	0	$1,869,794	−21.7%	0.56%
URGN	UroGen Pharma Ltd. Healthcare	Reduced	45,425	-13,127	$1,671,640	+58.8%	0.50%
APO	Apollo Global Management, Inc. Financial Services	Added	13,860	+245	$1,639,776	+8.1%	0.49%
SPGI	S&P Global Inc. Financial Services	Held	3,777	0	$1,538,220	−4.3%	0.46%
KKR	KKR & Co. Inc. Financial Services	Held	16,650	0	$1,528,137	−0.8%	0.46%
WBD	Warner Bros. Discovery, Inc. Communication Services	NEW	57,177	NEW	$1,524,338	NEW	0.46%
DHR	Danaher Corp /De/ Healthcare	Held	7,827	0	$1,490,886	+0.5%	0.45%
MDT	Medtronic plc Healthcare	NEW	19,044	NEW	$1,489,812	NEW	0.45%
WSO	Watsco Inc Industrials	Held	3,516	0	$1,465,222	+14.6%	0.44%
MRK	Merck & Co., Inc. Healthcare	Added	11,035	+6,310	$1,417,997	+149.5%	0.42%
KWY	KINGSWAY Corp Financial Services	Held	128,200	0	$1,335,844	−0.1%	0.40%

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.