Institutional Manager · CIK 0001811739
Annandale Capital, LLC
DALLAS, TX · File #028-20629
Latest AUM
$843,087
Positions
127
Top-10 Concentration
56.6%
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 |
|---|---|---|---|---|---|
| NEW | VANGUARD INDEX FDS | 922908363 | +200,000 | +$114,000 | $0 |
| REDUCE | SPDR S&P 500 ETF TR | SPY | -110,000 | -$68,369 | +$2,369 |
| EXITED | MORNINGSTAR INC | 617700109 | -20,084 | -$46,597 | $0 |
| EXITED | AUTOZONE INC | 053332102 | -1,052 | -$45,133 | $0 |
| EXITED | BURFORD CAP LTD | G17977110 | -300,000 | -$35,880 | $0 |
| EXITED | AMERICAN TOWER CORP NEW | 03027X100 | -14,453 | -$27,796 | $0 |
| EXITED | EQUIFAX INC | 294429105 | -10,375 | -$26,615 | $0 |
| ADD | ISHARES TR | 46432F339 | +81,869 | +$16,261 | -$56,555 |
| EXITED | MERCADOLIBRE INC | 58733R102 | -434 | -$10,142 | $0 |
| EXITED | OSCAR HEALTH INC | 687793109 | -45,000 | -$8,519 | $0 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025127 pos · $843,087
- 13F HOLDINGS REPORTQ/E Sep 2025124 pos · $5.9M
- 13F HOLDINGS REPORTQ/E Jun 2025124 pos · $1.3M
- 13F HOLDINGS REPORTQ/E Mar 2025128 pos · $1.6M
- 13F HOLDINGS REPORTQ/E Dec 2024129 pos · $630,939
- 13F HOLDINGS REPORTQ/E Sep 2024128 pos · $713,758
- 13F HOLDINGS REPORTQ/E Jun 2024121 pos · $584,792
- 13F HOLDINGS REPORTQ/E Mar 2024135 pos · $543,265
- 13F HOLDINGS REPORTQ/E Dec 2023137 pos · $401,480
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | VANGUARD INDEX FDS | 922908363 | 200,000 | $114,000 | 14.92% |
| 2 | SPDR S&P 500 ETF TR | SPY | 130,000 | $80,800 | 10.57% |
| 3 | VANGUARD BD INDEX FDS | 921937827 | 538,557 | $42,444 | 5.55% |
| 4 | DIMENSIONAL ETF TRUST | 25434V203 | 953,684 | $36,345 | 4.76% |
| 5 | DIMENSIONAL ETF TRUST | 25434V872 | 841,374 | $35,809 | 4.69% |
| 6 | DIMENSIONAL ETF TRUST | 25434V625 | 443,455 | $32,652 | 4.27% |
| 7 | DIMENSIONAL ETF TRUST | 25434V302 | 751,675 | $24,482 | 3.20% |
| 8 | VANGUARD WHITEHALL FDS | 921946406 | 168,517 | $24,186 | 3.16% |
| 9 | ISHARES TR | 46432F339 | 114,253 | $22,693 | 2.97% |
| 10 | ISHARES TR | 46429B267 | 845,043 | $19,457 | 2.55% |
| 11 | GLOBAL X FDS | 37954Y293 | 292,287 | $17,692 | 2.31% |
| 12 | META PLATFORMS INC | META | 24,633 | $16,260 | 2.13% |
| 13 | SPDR S&P 500 ETF TR | SPY | 22,916 | $15,627 | 2.04% |
| 14 | MICROSOFT CORP | MSFT | 31,199 | $15,088 | 1.97% |
| 15 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 27,062 | $13,603 | 1.78% |
| 16 | AMAZON COM INC | AMZN | 52,647 | $12,152 | 1.59% |
| 17 | ALPHABET INC | GOOG | 29,000 | $11,600 | 1.52% |
| 18 | ISHARES TR | 464287234 | 210,809 | $11,533 | 1.51% |
| 19 | AMERICAN CENTY ETF TR | 025072885 | 94,819 | $10,599 | 1.39% |
| 20 | ENERGY TRANSFER L P | ET-PI | 638,661 | $10,532 | 1.38% |