Adalta Capital Management
NEW YORK, NYfiles as Adalta Capital Management LLC
$228m in 103 US stocks at the end of 30 June 2026. The top 10 are 49.3% of the money. It changed about 7.3% of the portfolio this quarter.
Value
$228m
Stocks
103
Top 10 share
49.3%
Turnover
7.3%
What changed this quarter
New
Bought for the first time this quarter.
- BlackRock Health Sciences Term TrustBMEZ0.2% of the fund
- Honeywell InternationalHON0.2% of the fund
- Honeywell AerospaceHONA0.2% of the fund
- ServiceNowNOW0.2% of the fund
- VerisignVRSN0.1% of the fund
- NvidiaNVDA<0.1% of the fund
- ChubbCB<0.1% of the fund
- BlackRock Science & Technology Term TrustBSTZ<0.1% of the fund
- CorningGLW<0.1% of the fund
- Neuberger Energy Infrastructure & Income FundNML<0.1% of the fund
- Obsidian EnergyOBE<0.1% of the fund
- Opendoor TechnologiesOPEN<0.1% of the fund
Added
Bought more of a stock they already held.
- MercadoLibreMELI2.2% of the fund+11%
- DanaherDHR0.8% of the fund+9%
- Saba Capital Income & Opportunities FundBRW0.7% of the fund+3%
- Applied MaterialsAMAT0.6% of the fund+57%
- Wisdomtree TRUSFR0.5% of the fund+125%
- Texas Pacific LandTPL0.5% of the fund+20%
- LandBridgeLB0.4% of the fund+13%
- Philip Morris InternationalPM0.4% of the fund+7%
- IntelINTC0.3% of the fund+38%
- Cohen & Steers Infrastructure FundUTF0.1% of the fund+12%
- Amazon.comAMZN0.1% of the fund+18%
- AtaiBeckleyATAI<0.1% of the fund+189%
Cut
Sold some of their stake.
- MicrosoftMSFT6.3% of the fund-3%
- AlphabetGOOGL5.7% of the fund-6%
- BrookfieldBN4.7% of the fund-4%
- BlackstoneBX4.4% of the fund-3%
- Home DepotHD4.3% of the fund-5%
- QualcommQCOM4.2% of the fund-2%
- American ExpressAXP3.2% of the fund-5%
- AlphabetGOOG1.9% of the fund-4%
- Johnson & JohnsonJNJ1.8% of the fund-4%
- WeyerhaeuserWY1.8% of the fund-2%
- Nu HoldingsNU1.0% of the fund-5%
- SLB LimitedSLB0.9% of the fund-3%
- AppleAAPL0.8% of the fund-19%
- BoeingBA0.7% of the fund-4%
- ChevronCVX0.6% of the fund-3%
- CoupangCPNG0.6% of the fund-6%
- Brookfield Asset ManagementBAM0.6% of the fund-5%
- ExxonMobil HoldingsXOM0.5% of the fund-3%
- Bristol-Myers SquibbBMY0.4% of the fund-11%
- Eli LillyLLY0.4% of the fund-24%
- EQTEQT0.4% of the fund-10%
- Consolidated EdisonED0.4% of the fund-5%
- Brookfield Renewable EnergyBEP0.3% of the fund-17%
- Option Care HealthOPCH0.3% of the fund-5%
- Pg&ePCG0.3% of the fund-4%
Sold out
Sold their entire stake.
- Honeywell InternationalHON-100%
- Ishares TRSLQD-100%
- LoewsL-100%
- J P Morgan Exchange Traded FJEPI-100%
- Ishares TRSTIP-100%
- TIC SolutionsTIC-100%
Holdings
- BrookfieldBN
- Share
- 4.7%
- Value
- $11m
- Shares
- 253,946
-4%
- Franco NevadaFNV
- Share
- 1.3%
- Value
- $3m
- Shares
- 13,852
Held
- Canadian National RailwayCNI
- Share
- 0.7%
- Value
- $2m
- Shares
- 13,700
Held
- Saba Capital Income & Opportunities FundBRW
- Share
- 0.7%
- Value
- $2m
- Shares
- 248,039
+3%
- Wisdomtree TRUSFR
- Share
- 0.5%
- Value
- $1m
- Shares
- 21,395
+125%
- Exchange Listed FDS TRCEFS
- Share
- 0.3%
- Value
- $670,101
- Shares
- 26,135
Held
- Brookfield Renewable EnergyBEP
- Share
- 0.3%
- Value
- $646,013
- Shares
- 18,601
-17%
- BlackRock Health Sciences Term TrustBMEZ
- Share
- 0.2%
- Value
- $569,178
- Shares
- 37,080
New
- Honeywell AerospaceHONA
- Share
- 0.2%
- Value
- $417,841
- Shares
- 1,890
New
- Invesco Actively Managed EXCRSPA
- Share
- 0.2%
- Value
- $378,785
- Shares
- 7,100
-11%
- Blackrock ETF Trust IIBINC
- Share
- 0.2%
- Value
- $366,380
- Shares
- 7,000
-4%
- Cohen & Steers Infrastructure FundUTF
- Share
- 0.1%
- Value
- $338,253
- Shares
- 12,260
+12%
- Invesco Actively Managed EXCEFAA
- Share
- 0.1%
- Value
- $281,588
- Shares
- 5,050
-16%
- DoubleLine Yield Opportunities FundDLY
- Share
- 0.1%
- Value
- $276,954
- Shares
- 19,684
Held
- Spdr Series TrustWIP
- Share
- 0.1%
- Value
- $236,340
- Shares
- 6,000
Held
- Vanguard Whitehall FDSVWOB
- Share
- <0.1%
- Value
- $205,082
- Shares
- 3,050
Held
- Vaneck ETF TrustGRNB
- Share
- <0.1%
- Value
- $199,114
- Shares
- 8,250
Held
- BlackRock Science & Technology Term TrustBSTZ
- Share
- <0.1%
- Value
- $180,180
- Shares
- 6,000
New
- AtaiBeckleyATAI
- Share
- <0.1%
- Value
- $167,117
- Shares
- 31,711
+189%
- Invesco Exch Traded FD TR IIPGX
- Share
- <0.1%
- Value
- $158,221
- Shares
- 14,596
Held
- Neuberger Energy Infrastructure & Income FundNML
- Share
- <0.1%
- Value
- $152,100
- Shares
- 15,000
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| JPMorgan ChaseJPM | 6.8% | $15m | 47,083 | Held |
| MicrosoftMSFT | 6.3% | $14m | 38,424 | -3% |
| AlphabetGOOGL | 5.7% | $13m | 36,279 | -6% |
| MerckMRK | 4.9% | $11m | 86,966 | Held |
| BrookfieldBN | 4.7% | $11m | 253,946 | -4% |
| BlackstoneBX | 4.4% | $10m | 84,271 | -3% |
| Home DepotHD | 4.3% | $10m | 27,828 | -5% |
| QualcommQCOM | 4.2% | $10m | 52,272 | -2% |
| Union PacificUNP | 4.0% | $9m | 33,685 | Held |
| Guardant HealthGH | 4.0% | $9m | 60,310 | Held |
| PhenixFINPFX | 3.3% | $8m | 176,569 | Held |
| American ExpressAXP | 3.2% | $7m | 21,311 | -5% |
| Markel GroupMKL | 2.3% | $5m | 2,732 | Held |
| Arch Capital GroupACGL | 2.3% | $5m | 52,943 | Held |
| MercadoLibreMELI | 2.2% | $5m | 2,950 | +11% |
| AlphabetGOOG | 1.9% | $4m | 11,949 | -4% |
| Johnson & JohnsonJNJ | 1.8% | $4m | 16,410 | -4% |
| Micron TechnologyMU | 1.8% | $4m | 3,573 | Held |
| WeyerhaeuserWY | 1.8% | $4m | 170,530 | -2% |
| Cisco SystemsCSCO | 1.6% | $4m | 31,024 | Held |
| Berkshire HathawayBRK-B | 1.6% | $4m | 7,203 | Held |
| Southern CompanySO | 1.4% | $3m | 32,813 | Held |
| Franco NevadaFNV | 1.3% | $3m | 13,852 | Held |
| Duke EnergyDUK | 1.2% | $3m | 22,131 | Held |
| Nu HoldingsNU | 1.0% | $2m | 167,075 | -5% |
| BWX TechnologiesBWXT | 0.9% | $2m | 10,558 | Held |
| SLB LimitedSLB | 0.9% | $2m | 42,464 | -3% |
| DanaherDHR | 0.8% | $2m | 9,662 | +9% |
| AppleAAPL | 0.8% | $2m | 6,095 | -19% |
| BoeingBA | 0.7% | $2m | 7,550 | -4% |
| Canadian National RailwayCNI | 0.7% | $2m | 13,700 | Held |
| Saba Capital Income & Opportunities FundBRW | 0.7% | $2m | 248,039 | +3% |
| ChevronCVX | 0.6% | $1m | 8,709 | -3% |
| CoupangCPNG | 0.6% | $1m | 82,896 | -6% |
| Brookfield Asset ManagementBAM | 0.6% | $1m | 29,990 | -5% |
| Applied MaterialsAMAT | 0.6% | $1m | 1,800 | +57% |
| Wisdomtree TRUSFR | 0.5% | $1m | 21,395 | +125% |
| ExxonMobil HoldingsXOM | 0.5% | $1m | 7,855 | -3% |
| Blackstone Mortgage TrustBXMT | 0.5% | $1m | 61,532 | Held |
| Texas Pacific LandTPL | 0.5% | $1m | 2,385 | +20% |
| British American Tobacco p.l.c.BTI | 0.5% | $1m | 16,860 | Held |
| LandBridgeLB | 0.4% | $1m | 12,735 | +13% |
| Bristol-Myers SquibbBMY | 0.4% | $952,920 | 16,538 | -11% |
| Eli LillyLLY | 0.4% | $915,165 | 763 | -24% |
| WaterBridge InfrastructureWBI | 0.4% | $852,466 | 24,875 | Held |
| EQTEQT | 0.4% | $845,137 | 15,895 | -10% |
| Philip Morris InternationalPM | 0.4% | $828,005 | 4,540 | +7% |
| Consolidated EdisonED | 0.4% | $826,074 | 7,467 | -5% |
| Dominion EnergyD | 0.4% | $808,212 | 11,835 | Held |
| Colgate-PalmoliveCL | 0.4% | $807,701 | 8,810 | Held |
| IntelINTC | 0.3% | $767,965 | 5,500 | +38% |
| HersheyHSY | 0.3% | $712,327 | 4,060 | Held |
| EnbridgeENB | 0.3% | $693,671 | 12,796 | Held |
| Exchange Listed FDS TRCEFS | 0.3% | $670,101 | 26,135 | Held |
| Kimberly-ClarkKMB | 0.3% | $666,855 | 6,005 | Held |
| AmrizeAMRZ | 0.3% | $659,533 | 12,380 | Held |
| Brookfield Renewable EnergyBEP | 0.3% | $646,013 | 18,601 | -17% |
| Option Care HealthOPCH | 0.3% | $603,517 | 28,780 | -5% |
| Edison InternationalEIX | 0.3% | $595,600 | 8,000 | Held |
| Pg&ePCG | 0.3% | $588,038 | 34,857 | -4% |
| Martin Marietta MaterialsMLM | 0.3% | $585,351 | 1,015 | Held |
| BlackRock Health Sciences Term TrustBMEZ | 0.2% | $569,178 | 37,080 | New |
| Berkley W RWRB | 0.2% | $558,015 | 7,845 | -13% |
| Procter & GamblePG | 0.2% | $552,833 | 3,770 | Held |
| Enterprise Products Partners L.P.EPD | 0.2% | $539,453 | 14,675 | Held |
| DeereDE | 0.2% | $532,290 | 837 | -9% |
| Coca-ColaKO | 0.2% | $460,125 | 5,625 | Held |
| Honeywell InternationalHON | 0.2% | $423,171 | 1,890 | New |
| Honeywell AerospaceHONA | 0.2% | $417,841 | 1,890 | New |
| Invesco Actively Managed EXCRSPA | 0.2% | $378,785 | 7,100 | -11% |
| Blackrock ETF Trust IIBINC | 0.2% | $366,380 | 7,000 | -4% |
| ServiceNowNOW | 0.2% | $360,386 | 3,630 | New |
| Cohen & Steers Infrastructure FundUTF | 0.1% | $338,253 | 12,260 | +12% |
| SnowflakeSNOW | 0.1% | $329,578 | 1,295 | Held |
| Generac HoldingsGNRC | 0.1% | $316,235 | 1,080 | Held |
| EverpureP | 0.1% | $298,220 | 3,785 | -8% |
| Commercial MetalsCMC | 0.1% | $286,454 | 4,565 | Held |
| Invesco Actively Managed EXCEFAA | 0.1% | $281,588 | 5,050 | -16% |
| DoubleLine Yield Opportunities FundDLY | 0.1% | $276,954 | 19,684 | Held |
| VerisignVRSN | 0.1% | $271,685 | 1,080 | New |
| Williams CompaniesWMB | 0.1% | $268,739 | 3,615 | Held |
| Curtiss WrightCW | 0.1% | $266,823 | 352 | Held |
| RTXRTX | 0.1% | $246,649 | 1,300 | Held |
| Amazon.comAMZN | 0.1% | $239,532 | 1,005 | +18% |
| Spdr Series TrustWIP | 0.1% | $236,340 | 6,000 | Held |
| Grab HoldingsGRAB | 0.1% | $233,288 | 61,880 | -6% |
| AbbVieABBV | <0.1% | $225,721 | 897 | Held |
| NvidiaNVDA | <0.1% | $222,300 | 1,111 | New |
| Vanguard Whitehall FDSVWOB | <0.1% | $205,082 | 3,050 | Held |
| ChubbCB | <0.1% | $205,056 | 600 | New |
| Vaneck ETF TrustGRNB | <0.1% | $199,114 | 8,250 | Held |
| Mueller Water ProductsMWA | <0.1% | $180,810 | 7,000 | -3% |
| BlackRock Science & Technology Term TrustBSTZ | <0.1% | $180,180 | 6,000 | New |
| CorningGLW | <0.1% | $178,801 | 700 | New |
| Viper EnergyVNOM | <0.1% | $177,232 | 4,180 | -26% |
| AtaiBeckleyATAI | <0.1% | $167,117 | 31,711 | +189% |
| Brookfield RenewableBEPC | <0.1% | $165,073 | 4,447 | -22% |
| Invesco Exch Traded FD TR IIPGX | <0.1% | $158,221 | 14,596 | Held |
| Neuberger Energy Infrastructure & Income FundNML | <0.1% | $152,100 | 15,000 | New |
| Intuitive SurgicalISRG | <0.1% | $149,130 | 375 | Held |
Showing the largest 100 of 103.
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 14.3% since 30 June 2025.
Where the money is
Financial services22.8%
Technology18.7%
Health care12.9%
Media & telecom7.5%
Industrials7.4%
Real estate7.0%
Retail & consumer5.0%
Utilities4.2%
Energy3.7%
Everyday goods2.3%
Materials1.9%
Other6.5%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.