Institutional Manager · CIK 0001698926
Adalta Capital Management LLC
NEW YORK, NY · File #028-18082
Latest AUM
$224.0M
Positions
111
Top-10 Concentration
57.8%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| ADD | Mercadolibre Inc | MELI | +2,112 | +$4.3M | -$3,226 |
| EXITED | Applovin Corp Class A | 03831W108 | -1,120 | -$804,765 | $0 |
| NEW | Option Care Health Inc | OPCH | +20,880 | +$665,237 | $0 |
| NEW | Amrize Ltd | AMRZ | +10,900 | +$589,472 | $0 |
| ADD | Kimberly-Clark Corp | KMB | +5,000 | +$510,750 | -$23,567 |
| REDUCE | WisdomTree Floating Rate Treasury Fund | WT | -10,000 | -$503,200 | +$1,300 |
| ADD | Berkshire Hathaway Class B | BRK-A | +1,000 | +$502,650 | -$558 |
| NEW | TIC Solutions, Inc. | TICAW | +43,500 | +$439,785 | $0 |
| NEW | State Street SPDR Portfolio Short Term Corporate Bond ETF | 78464A474 | +14,543 | +$439,199 | $0 |
| NEW | Invesco BulletShares 2028 Corporate Bond ETF | IVZ | +21,290 | +$438,574 | $0 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025111 pos · $224.0M
- 13F HOLDINGS REPORTQ/E Sep 2025126 pos · $220.3M
- 13F HOLDINGS REPORTQ/E Jun 2025121 pos · $199.3M
- 13F HOLDINGS REPORTQ/E Mar 2025126 pos · $187.8M
- 13F HOLDINGS REPORTQ/E Dec 2024125 pos · $191.5M
- 13F HOLDINGS REPORTQ/E Sep 2024121 pos · $193.9M
- 13F HOLDINGS REPORTQ/E Jun 2024127 pos · $183.9M
- 13F HOLDINGS REPORTQ/E Mar 2024127 pos · $181.1M
- 13F HOLDINGS REPORTQ/E Dec 2023112 pos · $146,749
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | Microsoft Corporation | MSFT | 44,678 | $21.6M | 10.33% |
| 2 | JPMorgan Chase & Co | VYLD | 47,680 | $15.4M | 7.34% |
| 3 | Alphabet Inc. Class A | GOOG | 43,049 | $13.5M | 6.44% |
| 4 | Blackstone Group Inc | BX | 86,591 | $13.3M | 6.38% |
| 5 | Brookfield Corp F Class A | 11271J107 | 264,396 | $12.1M | 5.80% |
| 6 | Home Depot | HD | 28,517 | $9.8M | 4.69% |
| 7 | Qualcomm Inc. | QCOM | 55,911 | $9.6M | 4.57% |
| 8 | Merck & Co. Inc. | MRK | 88,580 | $9.4M | 4.49% |
| 9 | American Express Co. | AXP | 22,843 | $8.5M | 4.04% |
| 10 | PhenixFIN Corporation | PFXNZ | 175,119 | $7.8M | 3.74% |
| 11 | Union Pacific Corp. | UNP | 33,285 | $7.7M | 3.68% |
| 12 | Guardant Health, Inc. | GH | 63,288 | $6.5M | 3.09% |
| 13 | Markel Group Inc. | MKL | 2,707 | $5.8M | 2.78% |
| 14 | Arch Capital Group Ltd | G0450A105 | 54,781 | $5.3M | 2.51% |
| 15 | Mercadolibre Inc | MELI | 2,122 | $4.3M | 2.04% |
| 16 | Weyerhaeuser Co REIT | WY | 165,982 | $3.9M | 1.88% |
| 17 | Alphabet Inc. Class C | GOOG | 11,884 | $3.7M | 1.78% |
| 18 | Berkshire Hathaway Class B | BRK-A | 7,193 | $3.6M | 1.73% |
| 19 | Johnson & Johnson | JNJ | 17,021 | $3.5M | 1.68% |
| 20 | Nu Holdings Ltd. | NU | 181,600 | $3.0M | 1.45% |