Q3 2024 · 13F-HR
Adalta Capital Management LLCholdings as filed
Filed 2024-11-15 · accession 0001698926-24-000005
$193.9M
Reported value
95
Positions
2024-09-30
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 594918104 | MSFT | Microsoft Corporation | $23.0M | 11.9% | 53,398 | Common | SOLE |
| 09260D107 | BX | Blackstone Group Inc | $14.0M | 7.22% | 91,406 | Common | SOLE |
| 437076102 | HD | Home Depot | $11.8M | 6.09% | 29,134 | Common | SOLE |
| 46625H100 | JPM | JPMorgan Chase & Co | $10.3M | 5.32% | 48,909 | Common | SOLE |
| 58933Y105 | MRK | Merck & Co. Inc. | $10.3M | 5.31% | 90,125 | Common | SOLE |
| 747525103 | QCOM | Qualcomm Inc. | $9.5M | 4.90% | 55,886 | Common | SOLE |
| 11271J107 | BN | Brookfield Corp F Class A | $9.2M | 4.73% | 172,588 | Common | SOLE |
| 907818108 | UNP | Union Pacific Corp. | $8.3M | 4.29% | 33,770 | Common | SOLE |
| 02079K305 | GOOGL | Alphabet Inc. Class A | $7.3M | 3.75% | 43,855 | Common | SOLE |
| 71742W103 | PFX | PhenixFIN Corporation | $7.1M | 3.66% | 149,603 | Common | SOLE |
| 025816109 | AXP | American Express Co. | $6.9M | 3.58% | 25,605 | Common | SOLE |
| 962166104 | WY | Weyerhaeuser Co REIT | $6.2M | 3.22% | 184,317 | Common | SOLE |
| G0450A105 | ACGL | Arch Capital Group Ltd | $5.9M | 3.06% | 52,998 | Common | SOLE |
| 58733R102 | MELI | Mercadolibre Inc | $3.5M | 1.80% | 1,701 | Common | SOLE |
| 478160104 | JNJ | Johnson & Johnson | $3.0M | 1.53% | 18,271 | Common | SOLE |
| 084670702 | BRK/B | Berkshire Hathaway Class B | $2.9M | 1.47% | 6,193 | Common | SOLE |
| 570535104 | MKL | Markel Group Inc. | $2.8M | 1.47% | 1,814 | Common | SOLE |
| 842587107 | SO | Southern Company | $2.6M | 1.36% | 29,344 | Common | SOLE |
| 235851102 | DHR | Danaher Corp | $2.4M | 1.22% | 8,467 | Common | SOLE |
| 26441C204 | DUK | Duke Energy Corp | $2.3M | 1.18% | 19,831 | Common | SOLE |
| 113004105 | BAM | Brookfield Asset Management Ltd. | $2.1M | 1.06% | 43,393 | Common | SOLE |
| 22266T109 | CPNG | Coupang, Inc. | $1.9M | 1.00% | 78,961 | Common | SOLE |
| 136375102 | CNI | Canadian National Railway Co. | $1.9M | 0.96% | 15,950 | Common | SOLE |
| 17275R102 | CSCO | Cisco Systems, Inc. | $1.7M | 0.85% | 31,024 | Common | SOLE |
| 806857108 | SLB | SLB | $1.6M | 0.84% | 38,794 | Common | SOLE |
| 40131M109 | GH | Guardant Health, Inc. | $1.6M | 0.84% | 70,963 | Common | SOLE |
| 097023105 | BA | Boeing | $1.5M | 0.78% | 9,949 | Common | SOLE |
| 037833100 | AAPL | Apple Inc. | $1.3M | 0.69% | 5,740 | Common | SOLE |
| 166764100 | CVX | Chevron Corp. | $1.3M | 0.69% | 9,069 | Common | SOLE |
| 351858105 | FNV | Franco-Nevada Corp | $1.3M | 0.68% | 10,539 | Common | SOLE |
| 02079K107 | GOOG | Alphabet Inc. Class C | $1.2M | 0.64% | 7,435 | Common | SOLE |
| 09257W100 | BXMT | Blackstone Mortgage Trust | $1.2M | 0.64% | 63,805 | Common | SOLE |
| 37045V100 | GM | General Motors Co | $1.2M | 0.61% | 26,500 | Common | SOLE |
| G6683N103 | NU | Nu Holdings Ltd. | $1.1M | 0.59% | 83,550 | Common | SOLE |
| 110122108 | BMY | Bristol-Myers Squibb | $976,696 | 0.50% | 18,877 | Common | SOLE |
| 244199105 | DE | Deere & Co | $963,659 | 0.50% | 2,301 | Common | SOLE |
| 30231G102 | XOM | ExxonMobil Corp | $951,944 | 0.49% | 8,121 | Common | SOLE |
| 194162103 | CL | Colgate-Palmolive Co | $930,138 | 0.48% | 8,960 | Common | NONE |
| 209115104 | ED | Consolidated Edison | $829,604 | 0.43% | 7,967 | Common | SOLE |
| 20030N101 | CMCSA | Comcast Corporation | $751,860 | 0.39% | 18,000 | Common | SOLE |
| 01609W102 | BABA | Alibaba Group ADR | $744,432 | 0.38% | 7,015 | Common | SOLE |
| 67401P405 | OCSL | Oaktree Specialty Lending Corporation | $735,663 | 0.38% | 45,105 | Common | SOLE |
| 69331C108 | PCG | PG&E Corporation | $721,772 | 0.37% | 36,490 | Common | SOLE |
| 281020107 | EIX | Edison International | $696,720 | 0.36% | 8,000 | Common | SOLE |
| 532457108 | LLY | Eli Lilly & Company | $695,463 | 0.36% | 785 | Common | SOLE |
| G16258108 | BEP | Brookfield Renewable LP | $673,502 | 0.35% | 23,900 | Common | SOLE |
| 742718109 | PG | Procter & Gamble | $652,964 | 0.34% | 3,770 | Common | SOLE |
| 57164Y107 | VAC | Marriott Vacations | $615,821 | 0.32% | 8,295 | Common | SOLE |
| 30151E806 | CEFS | Saba Closed End Funds ETF | $581,504 | 0.30% | 26,135 | Common | SOLE |
| 573284106 | MLM | Martin Marietta Matr | $565,163 | 0.29% | 1,050 | Common | SOLE |
| 038222105 | AMAT | Applied Materials | $563,720 | 0.29% | 2,790 | Common | SOLE |
| 05605H100 | BWXT | BWX Technologies Inc | $534,587 | 0.28% | 4,918 | Common | SOLE |
| 70450Y103 | PYPL | Paypal Holdings Inc | $524,362 | 0.27% | 6,720 | Common | SOLE |
| 29250N105 | ENB | Enbridge Inc | $519,646 | 0.27% | 12,796 | Common | SOLE |
| 293594107 | ENVX | Enovix Corporation | $514,457 | 0.27% | 55,081 | Common | SOLE |
| 78518H202 | BRW | Saba Capital Income & Opportunities Fund | $514,412 | 0.27% | 67,775 | Common | SOLE |
| 718172109 | PM | Philip Morris International Inc. | $489,773 | 0.25% | 3,990 | Common | SOLE |
| 25243Q205 | DEO | Diageo PLC ADR | $481,398 | 0.25% | 3,370 | Common | SOLE |
| 293792107 | EPD | Enterprise Products Partners L.P. | $434,467 | 0.22% | 14,925 | Common | SOLE |
| 191216100 | KO | Coca-Cola Company | $406,941 | 0.21% | 5,625 | Common | SOLE |
| 25746U109 | D | Dominion Resources, Inc | $375,635 | 0.19% | 6,500 | Common | SOLE |
| 927959106 | VNOMUSD | Viper Energy Inc Class A | $341,934 | 0.18% | 7,580 | Common | SOLE |
| 438516106 | HON | Honeywell International Inc. | $333,010 | 0.17% | 1,611 | Common | SOLE |
| 071813109 | BAX | Baxter International | $288,526 | 0.15% | 7,425 | Common | SOLE |
| 674482203 | OBE | Obsidian Energy Ltd. | $278,064 | 0.14% | 50,192 | Common | NONE |
| 427866108 | HSY | Hershey Co | $276,930 | 0.14% | 1,444 | Common | SOLE |
| 007903107 | AMD | Advanced Micro Devices, Inc. | $260,887 | 0.13% | 1,590 | Common | SOLE |
| 75886F107 | REGN | Regeneron Pharms Inc | $257,554 | 0.13% | 245 | Common | SOLE |
| 201723103 | CMC | Commercial Metals Co | $250,892 | 0.13% | 4,565 | Common | SOLE |
| G4124C109 | GRAB | Grab Holdings Ltd. | $241,984 | 0.12% | 63,680 | Common | SOLE |
| 29605J106 | ESAB | ESAB Corp | $229,802 | 0.12% | 2,160 | Common | NONE |
| 92189F171 | GRNB | Vaneck Vectors Green Bond ETF | $202,447 | 0.10% | 8,250 | Common | SOLE |
| 833445109 | SNOW | Snowflake Inc. | $199,856 | 0.10% | 1,740 | Common | SOLE |
| 11284V105 | — | Brookfield Renewable C F Class A | $194,621 | 0.10% | 5,959 | Common | SOLE |
| 46120E602 | ISRG | Intuitive Surgical | $184,226 | 0.10% | 375 | Common | SOLE |
| 552690109 | MDU | MDU Resources Group, Inc. | $179,836 | 0.09% | 6,530 | Common | SOLE |
| 19247G107 | COHR | Coherent Corp | $177,820 | 0.09% | 2,000 | Common | NONE |
| 14448C104 | CARR | Carrier Global Corp | $175,790 | 0.09% | 2,184 | Common | SOLE |
| 368736104 | GNRC | Generac Holdings Inc | $171,590 | 0.09% | 1,080 | Common | SOLE |
| 707569109 | PENN | Penn NTNL Gaming | $169,382 | 0.09% | 8,981 | Common | SOLE |
| 370334104 | GIS | General Mills Inc | $166,382 | 0.09% | 2,253 | Common | SOLE |
| 75513E101 | RTX | Raytheon Technologies Co | $157,508 | 0.08% | 1,300 | Common | SOLE |
| 494368103 | KMB | Kimberly-Clark Corp | $144,218 | 0.07% | 1,005 | Common | SOLE |
| 22160K105 | COST | Costco Wholesale Co | $141,843 | 0.07% | 160 | Common | SOLE |
| 969457100 | WMB | The Williams Companies, Inc. | $141,515 | 0.07% | 3,100 | Common | SOLE |
| 17878Y207 | CVEO | Civeo Corp | $137,000 | 0.07% | 5,000 | Common | NONE |
| 25179M103 | DVN | Devon Energy Corp | $118,338 | 0.06% | 3,025 | Common | SOLE |
| 26884L109 | EQT | EQT Corporation | $109,920 | 0.06% | 3,000 | Common | NONE |
| 69608A108 | PLTR | Palantir Technologies Inc. | $96,720 | 0.05% | 2,600 | Common | SOLE |
| 53656G209 | BCDF | Horizon Kinetics Blockchain Development ETF | $92,071 | 0.05% | 3,300 | Common | SOLE |
| 060505104 | BAC | Bank of America | $91,264 | 0.05% | 2,300 | Common | SOLE |
| 224408104 | CR | Crane Company | $86,263 | 0.04% | 545 | Common | NONE |
| H8088L103 | SRAD | Sportradar Group AG | $68,724 | 0.04% | 5,675 | Common | SOLE |
| 18915M107 | NET | CloudFlare, Inc. | $49,747 | 0.03% | 615 | Common | SOLE |
| 00973N102 | AKTSQ | Akoustis Technologies, Inc. | $8,055 | 0.00% | 90,000 | Common | NONE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.