Fund HoldingsAdalta Capital Management LLC

Total Portfolio Value
$224.00M
Total Bought
$9.97M
Total Sold
$19.19M
Net Transaction
-$9.22M
Filing Period:
Securities
SharesValue ($K)
Q3 2025
Q4 2025
Change
Q3 2025
Q4 2025
Weight (%)
Change
Alphabet Inc. Class A(GOOG)43,98343,249-73410,69213,5376.04%+2,845
Guardant Health, Inc.(GH)63,28863,28803,9546,4642.89%+2,510
Merck & Co. Inc.(MRK)90,18089,580-6007,6429,5054.24%+1,863
American Express Co.(AXP)23,40023,243-1577,7738,5993.84%+826
Alphabet Inc. Class C(GOOG)12,20912,084-1252,9743,7921.69%+818
Option Care Health Inc(OPCH)020,880+20,88006650.30%+665
Markel Group Inc.(MKL)2,7322,73205,2225,8732.62%+651
Amrize Ltd(AMRZ)010,900+10,90005890.26%+589
Berkshire Hathaway Class B6,1937,193+1,0003,1133,6161.61%+502
Kimberly-Clark Corp(KMB)1,0056,005+5,0001266130.27%+487
Arch Capital Group Ltd
ORD
52,92955,031+2,1024,8025,2792.36%+476
TIC Solutions, Inc.(TIC)043,500+43,50004400.20%+440
State Street SPDR Portfolio Short Term Corporate Bond ETF
ST SHOR CORP ETF
014,543+14,54304390.20%+439
Invesco BulletShares 2028 Corporate Bond ETF
INVSCO BLSH 28
021,290+21,29004390.20%+439
iShares iBonds December 2028 Term ETF
IBDS DEC28 ETF
017,180+17,18004370.20%+437
Texas Pacific Land Corp(TPL)01,325+1,32503810.17%+381
Johnson & Johnson(JNJ)17,23717,221-163,1963,5641.59%+368
Brookfield Corp F Class A(BN)173,101266,476+93,37511,86712,2295.46%+362
Eli Lilly & Company(LLY)703826+1235368880.40%+351
Qualcomm Inc.(QCOM)55,51155,911+4009,2359,5644.27%+329
British American Tobacco ADR(BTI)11,11015,515+4,4055908910.40%+302
Cisco Systems, Inc.(CSCO)31,02431,02402,1232,3901.07%+267
Cohen & Steers Infrastructure Fund(UTF)010,900+10,90002630.12%+263
Danaher Corp(DHR)8,8048,524-2801,7481,9540.87%+206
Saba Capital Income & Opportunities Fund177,500225,787+48,2871,3791,5830.71%+204
Nu Holdings Ltd.(NU)179,200183,100+3,9002,8693,0651.37%+196
DoubleLine Yield Opportunities Fund013,000+13,00001890.08%+189
Bristol-Myers Squibb(BMY)18,62218,62208401,0040.45%+165
JPMorgan Chase & Co(JPM)48,21247,680-53215,20815,3636.86%+156
SLB(SLB)36,19436,19401,2541,3990.62%+145
EQT Corporation(EQT)11,30013,920+2,6206157460.33%+131
Invesco Preferred ETF011,596+11,59601300.06%+130
Blackstone Strategic Credit 2027 Term Fund(BGB)010,000+10,00001190.05%+119
ExxonMobil Corp8,1218,12109169770.44%+62
Loews Corp(L)1,5002,000+5001512110.09%+60
Applied Materials1,1451,14502342940.13%+60
Commercial Metals Co(CMC)4,5654,56502613160.14%+55
Blackstone Mortgage Trust(BXMT)62,35962,360+11,1771,2220.55%+45
Intuitive Surgical37537501682120.09%+45
Micron Technology, Inc.(MU)1,050750-3001762140.10%+38
Edison International(EIX)8,0008,00004424800.21%+38
Apple Inc.(AAPL)8,0757,700-3752,0562,0930.93%+37
PG&E Corporation(PCG)36,49036,49005515880.26%+37
Brookfield Renewable LP
PARTNERSHIP UNIT
22,45122,45105796060.27%+26
Brookfield Renewable Corp(BEPC)5,7355,73501972200.10%+22
Raytheon Technologies Co(RTX)1,3001,30002182380.11%+21
Coca-Cola Company(KO)5,6255,62503763930.18%+17
Enterprise Products Partners L.P.(EPD)14,67514,67504594700.21%+12
Amazon Com Inc(AMZN)97097002132240.10%+11
Deere & Co(DE)92092004224300.19%+8
Saba Closed End Funds ETF26,13526,13505956020.27%+7
JPMorgan Equity Premium Income ETF
EQUITY PREMIUM
5,0005,00002862880.13%+3
Boeing(BA)8,0007,950-501,7271,7260.77%-1
VanEck Green Bond ETF
GREEN BOND ETF
8,2508,25002022010.09%-1
iShares 0-5 Year Investment Grade Corporate Bond ETF
0-5YR INVT GR CP
7,8007,80003963950.18%-1
Philip Morris International Inc.(PM)4,2404,24006886860.31%-1
iShares 0-5 Year TIPS Bond ETF
0-5 YR TIPS ETF
4,0604,06004204160.19%-4
Abbvie Inc(ABBV)916897-192122050.09%-7
Martin Marietta Matr(MLM)1,0151,01506406320.28%-8
Snowflake Inc.(SNOW)1,2951,29502922840.13%-8
Consolidated Edison(ED)7,9677,96708017910.35%-10
The Williams Companies, Inc.(WMB)3,6153,61502292170.10%-12
Costco Wholesale Co(COST)155150-51431290.06%-14
Colgate-Palmolive Co(CL)8,9108,810-1007126960.31%-16
Honeywell International Inc.(HON)1,6111,61103393140.14%-25
Chevron Corp.(CVX)8,9698,96901,3931,3670.61%-26
Dominion Resources, Inc(D)11,70011,70007166860.31%-30
Enbridge Inc(ENB)12,79612,79606466120.27%-34
W. R. Berkley Corporation12,08512,705+6209268910.40%-35
Capital One Financial Corporation(COF)1780-178380-38
Procter & Gamble(PG)3,7893,770-195825400.24%-42
Hershey Co(HSY)3,4163,231-1856395880.26%-51
ESAB Corp(ESAB)6600-660740-74
Waste Management Inc(WM)4250-425940-94
General Mills Inc(GIS)2,0000-2,0001010-101
Canadian National Railway Co.(CNI)013,700+13,70001,3540.60%+1,354
Grab Holdings Ltd.
CLASS A ORD
100,880100,88006075030.22%-104
MDU Resources Group, Inc.(MDU)6,3550-6,3551140-114
Viper Energy Inc New Class A(VNOM)3,1800-3,1801220-122
Carrier Global Corp(CARR)2,1840-2,1841300-130
CloudFlare, Inc.(NET)6150-6151320-132
Diageo PLC ADR(DEO)1,4200-1,4201360-136
Penn NTNL Gaming(PENN)7,3000-7,3001410-141
Duke Energy Corp(DUK)22,22522,22502,7502,6051.16%-145
Vanguard Emerging Markets Government Bond ETF5,3503,050-2,3003582060.09%-152
Meta Platforms, Inc.(META)2150-2151580-158
AT&T(T)5,7850-5,7851630-163
JPMorgan Nasdaq Equity Premium Income ETF
NASDAQ EQT PREM
3,0000-3,0001730-173
Union Pacific Corp.(UNP)33,71033,685-257,9687,7923.48%-176
Generac Holdings Inc(GNRC)1,0800-1,0801810-181
Mueller Water Products, Inc.(MWA)7,2250-7,2251840-184
Curtiss Wright Corp(CW)3520-3521910-191
Grayscale Bitcoin Mini Trust ETF(BTC)4,0000-4,0002030-203
Brookfield Asset Management Ltd.(BAM)42,65342,178-4752,4292,2100.99%-219
Venture Global Inc-CL A(VG)16,5750-16,5752350-235
Southern Company(SO)32,83832,83803,1122,8631.28%-249
Alibaba Group ADR(BABA)1,5000-1,5002680-268
Sea Limited(SE)1,5500-1,5502770-277
Palantir Technologies Inc.(PLTR)1,5770-1,5772880-288
Uber Technologies Inc(UBER)3,0850-3,0853020-302
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