Q4 2024 · 13F-HR
Adalta Capital Management LLCholdings as filed
Filed 2025-02-18 · accession 0001698926-25-000001
$191.5M
Reported value
99
Positions
2024-12-31
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 594918104 | MSFT | Microsoft Corporation | $20.5M | 10.7% | 48,521 | Common | SOLE |
| 09260D107 | BX | Blackstone Group Inc | $15.7M | 8.20% | 91,126 | Common | SOLE |
| 46625H100 | JPM | JPMorgan Chase & Co | $11.8M | 6.14% | 49,049 | Common | SOLE |
| 437076102 | HD | Home Depot | $11.4M | 5.93% | 29,184 | Common | SOLE |
| 11271J107 | BN | Brookfield Corp F Class A | $10.0M | 5.21% | 173,588 | Common | SOLE |
| 58933Y105 | MRK | Merck & Co. Inc. | $9.0M | 4.72% | 90,125 | Common | SOLE |
| 747525103 | QCOM | Qualcomm Inc. | $8.6M | 4.50% | 56,086 | Common | SOLE |
| 02079K305 | GOOGL | Alphabet Inc. Class A | $8.2M | 4.26% | 43,135 | Common | SOLE |
| 71742W103 | PFX | PhenixFIN Corporation | $7.8M | 4.06% | 155,524 | Common | SOLE |
| 907818108 | UNP | Union Pacific Corp. | $7.7M | 4.02% | 33,770 | Common | SOLE |
| 025816109 | AXP | American Express Co. | $7.4M | 3.84% | 24,785 | Common | SOLE |
| 962166104 | WY | Weyerhaeuser Co REIT | $5.2M | 2.71% | 184,232 | Common | SOLE |
| G0450A105 | ACGL | Arch Capital Group Ltd | $5.1M | 2.67% | 55,274 | Common | SOLE |
| 570535104 | MKL | Markel Group Inc. | $4.4M | 2.31% | 2,566 | Common | SOLE |
| 58733R102 | MELI | Mercadolibre Inc | $3.1M | 1.61% | 1,816 | Common | SOLE |
| 084670702 | BRK/B | Berkshire Hathaway Class B | $2.8M | 1.47% | 6,193 | Common | SOLE |
| 842587107 | SO | Southern Company | $2.7M | 1.41% | 32,794 | Common | SOLE |
| 478160104 | JNJ | Johnson & Johnson | $2.6M | 1.38% | 18,271 | Common | SOLE |
| 113004105 | BAM | Brookfield Asset Management Ltd. | $2.4M | 1.23% | 43,378 | Common | SOLE |
| 26441C204 | DUK | Duke Energy Corp | $2.2M | 1.15% | 20,431 | Common | SOLE |
| 40131M109 | GH | Guardant Health, Inc. | $2.1M | 1.09% | 68,263 | Common | SOLE |
| 17275R102 | CSCO | Cisco Systems, Inc. | $1.8M | 0.96% | 31,024 | Common | SOLE |
| 22266T109 | CPNG | Coupang, Inc. | $1.7M | 0.90% | 78,261 | Common | SOLE |
| 136375102 | CNI | Canadian National Railway Co. | $1.6M | 0.85% | 15,950 | Common | SOLE |
| 235851102 | DHR | Danaher Corp | $1.6M | 0.82% | 6,857 | Common | SOLE |
| 351858105 | FNV | Franco-Nevada Corp | $1.6M | 0.81% | 13,216 | Common | SOLE |
| 097023105 | BA | Boeing | $1.5M | 0.80% | 8,625 | Common | SOLE |
| 02079K107 | GOOG | Alphabet Inc. Class C | $1.5M | 0.78% | 7,885 | Common | SOLE |
| 806857108 | SLB | SLB | $1.5M | 0.76% | 37,669 | Common | SOLE |
| 037833100 | AAPL | Apple Inc. | $1.4M | 0.75% | 5,740 | Common | SOLE |
| 37045V100 | GM | General Motors Co | $1.4M | 0.74% | 26,500 | Common | SOLE |
| 166764100 | CVX | Chevron Corp. | $1.3M | 0.69% | 9,069 | Common | SOLE |
| 09257W100 | BXMT | Blackstone Mortgage Trust | $1.1M | 0.59% | 62,856 | Common | SOLE |
| G6683N103 | NU | Nu Holdings Ltd. | $1.1M | 0.58% | 106,500 | Common | SOLE |
| 110122108 | BMY | Bristol-Myers Squibb | $1.1M | 0.56% | 18,822 | Common | SOLE |
| 30231G102 | XOM | ExxonMobil Corp | $873,576 | 0.46% | 8,121 | Common | SOLE |
| 244199105 | DE | Deere & Co | $837,880 | 0.44% | 1,970 | Common | SOLE |
| 194162103 | CL | Colgate-Palmolive Co | $811,826 | 0.42% | 8,930 | Common | NONE |
| 69331C108 | PCG | PG&E Corporation | $737,281 | 0.38% | 36,490 | Common | SOLE |
| 209115104 | ED | Consolidated Edison | $710,895 | 0.37% | 7,967 | Common | SOLE |
| 20030N101 | CMCSA | Comcast Corporation | $675,540 | 0.35% | 18,000 | Common | SOLE |
| 281020107 | EIX | Edison International | $638,720 | 0.33% | 8,000 | Common | SOLE |
| 742718109 | PG | Procter & Gamble | $632,041 | 0.33% | 3,770 | Common | SOLE |
| 25746U109 | D | Dominion Resources, Inc | $630,162 | 0.33% | 11,700 | Common | SOLE |
| 532457108 | LLY | Eli Lilly & Company | $606,020 | 0.32% | 785 | Common | SOLE |
| 70450Y103 | PYPL | Paypal Holdings Inc | $573,552 | 0.30% | 6,720 | Common | SOLE |
| 30151E806 | CEFS | Saba Closed End Funds ETF | $559,812 | 0.29% | 26,135 | Common | SOLE |
| 29250N105 | ENB | Enbridge Inc | $542,934 | 0.28% | 12,796 | Common | SOLE |
| 573284106 | MLM | Martin Marietta Matr | $542,325 | 0.28% | 1,050 | Common | SOLE |
| 293594107 | ENVX | Enovix Corporation | $532,967 | 0.28% | 49,031 | Common | SOLE |
| G16258108 | BEP | Brookfield Renewable LP | $532,169 | 0.28% | 23,351 | Common | SOLE |
| 05605H100 | BWXT | BWX Technologies Inc | $525,538 | 0.27% | 4,718 | Common | SOLE |
| 01609W102 | BABA | Alibaba Group ADR | $484,999 | 0.25% | 5,720 | Common | SOLE |
| 293792107 | EPD | Enterprise Products Partners L.P. | $460,208 | 0.24% | 14,675 | Common | SOLE |
| 718172109 | PM | Philip Morris International Inc. | $455,158 | 0.24% | 3,740 | Common | SOLE |
| 78518H202 | BRW | Saba Capital Income & Opportunities Fund | $446,037 | 0.23% | 58,535 | Common | SOLE |
| 038222105 | AMAT | Applied Materials | $434,222 | 0.23% | 2,670 | Common | SOLE |
| 67401P405 | OCSL | Oaktree Specialty Lending Corporation | $382,000 | 0.20% | 25,000 | Common | SOLE |
| 674482203 | OBE | Obsidian Energy Ltd. | $364,289 | 0.19% | 62,917 | Common | NONE |
| 438516106 | HON | Honeywell International Inc. | $363,909 | 0.19% | 1,611 | Common | SOLE |
| 191216100 | KO | Coca-Cola Company | $350,213 | 0.18% | 5,625 | Common | SOLE |
| 26884L109 | EQT | EQT Corporation | $345,825 | 0.18% | 7,500 | Common | NONE |
| G4124C109 | GRAB | Grab Holdings Ltd. | $300,570 | 0.16% | 63,680 | Common | SOLE |
| 833445109 | SNOW | Snowflake Inc. | $268,673 | 0.14% | 1,740 | Common | SOLE |
| 29605J106 | ESAB | ESAB Corp | $259,243 | 0.14% | 2,160 | Common | NONE |
| 389637109 | GBTC | Grayscale Bitcoin Trust | $253,148 | 0.13% | 3,420 | Common | SOLE |
| 25243Q205 | DEO | Diageo PLC ADR | $251,717 | 0.13% | 1,980 | Common | SOLE |
| 57164Y107 | VAC | Marriott Vacations | $226,475 | 0.12% | 2,500 | Common | SOLE |
| 201723103 | CMC | Commercial Metals Co | $226,424 | 0.12% | 4,565 | Common | SOLE |
| 023135106 | AMZN | Amazon Com Inc | $206,227 | 0.11% | 940 | Common | SOLE |
| 46120E602 | ISRG | Intuitive Surgical | $195,735 | 0.10% | 375 | Common | SOLE |
| 92189F171 | GRNB | Vaneck Vectors Green Bond ETF | $195,525 | 0.10% | 8,250 | Common | SOLE |
| 19247G107 | COHR | Coherent Corp | $189,460 | 0.10% | 2,000 | Common | NONE |
| 707569109 | PENN | Penn NTNL Gaming | $178,003 | 0.09% | 8,981 | Common | SOLE |
| 75886F107 | REGN | Regeneron Pharms Inc | $174,521 | 0.09% | 245 | Common | SOLE |
| 007903107 | AMD | Advanced Micro Devices, Inc. | $172,730 | 0.09% | 1,430 | Common | SOLE |
| 969457100 | WMB | The Williams Companies, Inc. | $167,772 | 0.09% | 3,100 | Common | SOLE |
| 368736104 | GNRC | Generac Holdings Inc | $167,454 | 0.09% | 1,080 | Common | SOLE |
| 11285B108 | BEPC | Brookfield Renewable Corp | $164,826 | 0.09% | 5,959 | Common | SOLE |
| 69608A108 | PLTR | Palantir Technologies Inc. | $158,823 | 0.08% | 2,100 | Common | SOLE |
| 927959106 | VNOMUSD | Viper Energy Inc Class A | $156,043 | 0.08% | 3,180 | Common | SOLE |
| 427866108 | HSY | Hershey Co | $152,246 | 0.08% | 899 | Common | SOLE |
| 75513E101 | RTX | Raytheon Technologies Co | $150,436 | 0.08% | 1,300 | Common | SOLE |
| 14448C104 | CARR | Carrier Global Corp | $149,571 | 0.08% | 2,184 | Common | SOLE |
| 22160K105 | COST | Costco Wholesale Co | $146,603 | 0.08% | 160 | Common | SOLE |
| 370334104 | GIS | General Mills Inc | $143,672 | 0.08% | 2,253 | Common | SOLE |
| 494368103 | KMB | Kimberly-Clark Corp | $132,921 | 0.07% | 1,005 | Common | SOLE |
| 552690109 | MDU | MDU Resources Group, Inc. | $118,520 | 0.06% | 6,530 | Common | SOLE |
| 17878Y207 | CVEO | Civeo Corp | $113,600 | 0.06% | 5,000 | Common | NONE |
| 300426103 | ECG | Everus Construction, Inc. | $106,778 | 0.06% | 1,624 | Common | SOLE |
| H8088L103 | SRAD | Sportradar Group AG | $98,405 | 0.05% | 5,675 | Common | SOLE |
| 53656G209 | BCDF | Horizon Kinetics Blockchain Development ETF | $91,576 | 0.05% | 3,300 | Common | SOLE |
| 90353T100 | UBER | Uber Technologies Inc | $90,480 | 0.05% | 1,500 | Common | SOLE |
| 060505104 | BAC | Bank of America | $87,900 | 0.05% | 2,000 | Common | SOLE |
| 18915M107 | NET | CloudFlare, Inc. | $66,223 | 0.03% | 615 | Common | SOLE |
| 084423102 | WRB | W. R. Berkley Corporation | $61,153 | 0.03% | 1,045 | Common | SOLE |
| 25179M103 | DVN | Devon Energy Corp | $49,913 | 0.03% | 1,525 | Common | SOLE |
| 94106L109 | WM | Waste Management Inc | $40,358 | 0.02% | 200 | Common | SOLE |
| 224408104 | CR | Crane Company | $29,591 | 0.02% | 195 | Common | SOLE |
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.