Holders — by stockHoldings — by fund
Adalta Capital Management LLC
Everything this manager disclosed owning in US-listed stocks — its complete Form 13F portfolio · as of 2026-06-30 · filed with the SEC up to 45 days after quarter end · CIK 1698926
$227.8M
disclosed book value
103
positions
6.8%
largest position share
Positions, as of 2026-06-30
top 100 of 103 · 13F covers long US-listed positions only — cash, bonds, private and foreign stakes are not disclosed · PUT/CALL tags = options positions (share-equivalents), not shares held
| # | Issuer | Shares | Value | % of book |
|---|---|---|---|---|
| 1 | JPMJPMorgan Chase & Co | 47,083 | $15.4M | 6.8% |
| 2 | MSFTMicrosoft Corporation | 38,424 | $14.3M | 6.3% |
| 3 | GOOGLAlphabet Inc. Class A | 36,279 | $13.0M | 5.7% |
| 4 | MRKMerck & Co. Inc. | 86,966 | $11.2M | 4.9% |
| 5 | BNBrookfield Corporation Class A | 253,946 | $10.8M | 4.7% |
| 6 | BXBlackstone Group Inc | 84,271 | $9.9M | 4.4% |
| 7 | HDHome Depot | 27,828 | $9.8M | 4.3% |
| 8 | QCOMQualcomm Inc. | 52,272 | $9.7M | 4.2% |
| 9 | UNPUnion Pacific Corp. | 33,685 | $9.2M | 4% |
| 10 | GHGuardant Health, Inc. | 60,310 | $9.0M | 4% |
| 11 | PFXPhenixFIN Corporation | 176,569 | $7.5M | 3.3% |
| 12 | AXPAmerican Express Co. | 21,311 | $7.2M | 3.2% |
| 13 | MKLMarkel Group Inc. | 2,732 | $5.3M | 2.3% |
| 14 | Arch Capital Group Ltd | 52,943 | $5.1M | 2.3% |
| 15 | MELIMercadolibre Inc | 2,950 | $5.0M | 2.2% |
| 16 | GOOGAlphabet Inc. Class C | 11,949 | $4.2M | 1.9% |
| 17 | JNJJohnson & Johnson | 16,410 | $4.2M | 1.8% |
| 18 | MUMicron Technology, Inc. | 3,573 | $4.1M | 1.8% |
| 19 | WYWeyerhaeuser Co REIT | 170,530 | $4.1M | 1.8% |
| 20 | CSCOCisco Systems, Inc. | 31,024 | $3.6M | 1.6% |
| 21 | BRK/BBerkshire Hathaway Class B | 7,203 | $3.6M | 1.6% |
| 22 | SOSouthern Company | 32,813 | $3.1M | 1.4% |
| 23 | FNVFranco-Nevada Corp | 13,852 | $2.9M | 1.3% |
| 24 | DUKDuke Energy Corp | 22,131 | $2.8M | 1.2% |
| 25 | Nu Holdings Ltd. | 167,075 | $2.2M | 1% |
| 26 | BWXTBWX Technologies Inc | 10,558 | $2.1M | 0.9% |
| 27 | SLBSLB | 42,464 | $2.0M | 0.9% |
| 28 | DHRDanaher Corp | 9,662 | $1.8M | 0.8% |
| 29 | AAPLApple Inc. | 6,095 | $1.8M | 0.8% |
| 30 | BABoeing | 7,550 | $1.6M | 0.7% |
| 31 | CNICanadian National Railway Co. | 13,700 | $1.6M | 0.7% |
| 32 | BRWSaba Capital Income & Opportunities Fund | 248,039 | $1.6M | 0.7% |
| 33 | CVXChevron Corp. | 8,709 | $1.4M | 0.6% |
| 34 | CPNGCoupang, Inc. | 82,896 | $1.4M | 0.6% |
| 35 | BAMBrookfield Asset Management Ltd. | 29,990 | $1.3M | 0.6% |
| 36 | AMATApplied Materials | 1,800 | $1.3M | 0.6% |
| 37 | USFRWisdomTree Floating Rate Treasury Fund | 21,395 | $1.1M | 0.5% |
| 38 | EXMOCExxonMobil Corp | 7,855 | $1.1M | 0.5% |
| 39 | BXMTBlackstone Mortgage Trust | 61,532 | $1.1M | 0.5% |
| 40 | TPLTexas Pacific Land Corp | 2,385 | $1.0M | 0.5% |
| 41 | BTIBritish American Tobacco ADR | 16,860 | $1.0M | 0.5% |
| 42 | LBLandbridge Co LLC Class A | 12,735 | $1.0M | 0.4% |
| 43 | BMYBristol-Myers Squibb | 16,538 | $952,920 | 0.4% |
| 44 | LLYEli Lilly & Company | 763 | $915,165 | 0.4% |
| 45 | WBIWaterBridge Infrastructure LLC | 24,875 | $852,466 | 0.4% |
| 46 | EQTEQT Corporation | 15,895 | $845,137 | 0.4% |
| 47 | PMPhilip Morris International Inc. | 4,540 | $828,005 | 0.4% |
| 48 | EDConsolidated Edison | 7,467 | $826,074 | 0.4% |
| 49 | DDominion Resources, Inc | 11,835 | $808,212 | 0.4% |
| 50 | CLColgate-Palmolive Co | 8,810 | $807,701 | 0.4% |
| 51 | INTCIntel Corp | 5,500 | $767,965 | 0.3% |
| 52 | HSYHershey Co | 4,060 | $712,327 | 0.3% |
| 53 | ENBEnbridge Inc | 12,796 | $693,671 | 0.3% |
| 54 | CEFSSaba Closed End Funds ETF | 26,135 | $670,101 | 0.3% |
| 55 | KMBKimberly-Clark Corp | 6,005 | $666,855 | 0.3% |
| 56 | Amrize Ltd | 12,380 | $659,533 | 0.3% |
| 57 | Brookfield Renewable LP | 18,601 | $646,013 | 0.3% |
| 58 | OPCHOption Care Health Inc | 28,780 | $603,517 | 0.3% |
| 59 | EIXEdison International | 8,000 | $595,600 | 0.3% |
| 60 | PCGPG&E Corporation | 34,857 | $588,038 | 0.3% |
| 61 | MLMMartin Marietta Matr | 1,015 | $585,351 | 0.3% |
| 62 | BMEZBlackRock Health Sciences Term Trust | 37,080 | $569,178 | 0.2% |
| 63 | WRBW. R. Berkley Corporation | 7,845 | $558,015 | 0.2% |
| 64 | PGProcter & Gamble | 3,770 | $552,833 | 0.2% |
| 65 | EPDEnterprise Products Partners L.P. | 14,675 | $539,453 | 0.2% |
| 66 | DEDeere & Co | 837 | $532,290 | 0.2% |
| 67 | KOCoca-Cola Company | 5,625 | $460,125 | 0.2% |
| 68 | HONHoneywell International Inc | 1,890 | $423,171 | 0.2% |
| 69 | HONAHoneywell Aerospace Inc. | 1,890 | $417,841 | 0.2% |
| 70 | RSPAInvesco S&P 500 Equal Weight Income Advantage ETF | 7,100 | $378,785 | 0.2% |
| 71 | BINCiShares Flexible Income Active ETF | 7,000 | $366,380 | 0.2% |
| 72 | NOWServicenow Inc | 3,630 | $360,386 | 0.2% |
| 73 | UTFCohen & Steers Infrastructure Fund | 12,260 | $338,253 | 0.1% |
| 74 | SNOWSnowflake Inc. | 1,295 | $329,578 | 0.1% |
| 75 | GNRCGenerac Holdings Inc | 1,080 | $316,235 | 0.1% |
| 76 | PPure Storage, Inc. | 3,785 | $298,220 | 0.1% |
| 77 | CMCCommercial Metals Co | 4,565 | $286,454 | 0.1% |
| 78 | EFAAInvesco MSCI EAFE Income Advantage ETF | 5,050 | $281,588 | 0.1% |
| 79 | DLYDoubleLine Yield Opportunities Fund | 19,684 | $276,954 | 0.1% |
| 80 | VRSNVeriSign, Inc. | 1,080 | $271,685 | 0.1% |
| 81 | WMBThe Williams Companies, Inc. | 3,615 | $268,739 | 0.1% |
| 82 | CWCurtiss Wright Corp | 352 | $266,823 | 0.1% |
| 83 | RTXRaytheon Technologies Co | 1,300 | $246,649 | 0.1% |
| 84 | AMZNAmazon.com, Inc. | 1,005 | $239,532 | 0.1% |
| 85 | WIPSPDR FTSE International Government Inflation-Protected Bond ETF | 6,000 | $236,340 | 0.1% |
| 86 | Grab Holdings Ltd. | 61,880 | $233,288 | 0.1% |
| 87 | ABBVAbbvie Inc | 897 | $225,721 | 0.1% |
| 88 | NVDANvidia Corp | 1,111 | $222,300 | 0.1% |
| 89 | VWOBVanguard Emerging Markets Government Bond ETF | 3,050 | $205,082 | 0.1% |
| 90 | Chubb Ltd. | 600 | $205,056 | 0.1% |
| 91 | GRNBVanEck Green Bond ETF | 8,250 | $199,114 | 0.1% |
| 92 | MWAMueller Water Products, Inc. | 7,000 | $180,810 | 0.1% |
| 93 | BSTZBlackRock Science and Technology Term Trust | 6,000 | $180,180 | 0.1% |
| 94 | GLWCorning Inc | 700 | $178,801 | 0.1% |
| 95 | VNOMViper Energy, Inc. | 4,180 | $177,232 | 0.1% |
| 96 | ATAIAtaiBeckley Inc | 31,711 | $167,117 | 0.1% |
| 97 | BEPCBrookfield Renewable Corp | 4,447 | $165,073 | 0.1% |
| 98 | PGXInvesco Preferred ETF | 14,596 | $158,221 | 0.1% |
| 99 | NMLNeuberger Energy Infrastructure & Income Fund | 15,000 | $152,100 | 0.1% |
| 100 | ISRGIntuitive Surgical | 375 | $149,130 | 0.1% |
Source: SEC Form 13F-HR, reporting period 2026-06-30. Values are the manager's filed June-30-style quarter-end marks, not live prices. Research, not investment advice.