Adalta Capital Management LLC Q2 2025 Filing
Filed August 12, 2025
Portfolio Value
$199.3B
Holdings
97
Report Date
Q2 2025
Filing Type
13F-HR
All Holdings (97 positions)
| # | Stock | Shares | Value | % Portfolio | Type |
|---|---|---|---|---|---|
| 1 | MSFTMicrosoft Corporation | 45,631 | $22.7B | 11.39% | |
| 2 | JPMJPMorgan Chase & Co | 48,212 | $14.0B | 7.01% | |
| 3 | BXBlackstone Group Inc | 90,041 | $13.5B | 6.76% | |
| 4 | HDHome Depot | 29,240 | $10.7B | 5.38% | |
| 5 | BNBrookfield Corp F Class A | 171,963 | $10.6B | 5.34% | |
| 6 | QCOMQualcomm Inc. | 55,536 | $8.8B | 4.44% | |
| 7 | PFXPhenixFIN Corporation | 169,839 | $8.6B | 4.33% | |
| 8 | UNPUnion Pacific Corp. | 33,710 | $7.8B | 3.89% | |
| 9 | GOOGLAlphabet Inc. Class A | 43,778 | $7.7B | 3.87% | |
| 10 | AXPAmerican Express Co. | 23,445 | $7.5B | 3.75% | |
| 11 | MRKMerck & Co. Inc. | 90,180 | $7.2B | 3.62% | |
| 12 | MLB1Mercadolibre Inc | 2,042 | $5.3B | 2.68% | |
| 13 | MKLMarkel Group Inc. | 2,643 | $5.3B | 2.65% | |
| 14 | WYWeyerhaeuser Co REIT | 180,932 | $4.6B | 2.33% | |
| 15 | ACGLArch Capital Group Ltd | 50,997 | $4.6B | 2.33% | |
| 16 | GHGuardant Health, Inc. | 63,363 | $3.3B | 1.65% | |
| 17 | SOSouthern Company | 32,794 | $3.0B | 1.51% | |
| 18 | BRK/BBerkshire Hathaway Class B | 6,193 | $3.0B | 1.51% | |
| 19 | JNJJohnson & Johnson | 18,237 | $2.8B | 1.40% | |
| 20 | DUKDuke Energy Corp | 20,696 | $2.4B | 1.23% | |
| 21 | CPNGCoupang, Inc. | 80,511 | $2.4B | 1.21% | |
| 22 | BAMBrookfield Asset Management Ltd. | 42,728 | $2.4B | 1.19% | |
| 23 | GOOGAlphabet Inc. Class C | 12,209 | $2.2B | 1.09% | |
| 24 | CSCOCisco Systems, Inc. | 31,024 | $2.2B | 1.08% | |
| 25 | FNVFranco-Nevada Corp | 12,816 | $2.1B | 1.05% | |
| 26 | NUNu Holdings Ltd. | 131,325 | $1.8B | 0.90% | |
| 27 | DHRDanaher Corp | 8,819 | $1.7B | 0.88% | |
| 28 | BABoeing | 8,300 | $1.7B | 0.87% | |
| 29 | BWXTBWX Technologies Inc | 11,770 | $1.7B | 0.85% | |
| 30 | CNRCanadian National Railway Co. | 15,450 | $1.6B | 0.81% | |
| 31 | CVXChevron Corp. | 9,069 | $1.3B | 0.65% | |
| 32 | SLBSLB | 36,219 | $1.2B | 0.62% | |
| 33 | BXMTBlackstone Mortgage Trust | 62,433 | $1.2B | 0.62% | |
| 34 | AAPLApple Inc. | 5,075 | $1.0B | 0.52% | |
| 35 | XOMExxonMobil Corp | 8,121 | $875.4M | 0.44% | |
| 36 | BMYBristol-Myers Squibb | 18,772 | $869.0M | 0.44% | |
| 37 | CLColgate-Palmolive Co | 8,910 | $809.9M | 0.41% | |
| 38 | EDConsolidated Edison | 7,967 | $799.5M | 0.40% | |
| 39 | 4I1Philip Morris International Inc. | 4,240 | $778.0M | 0.39% | |
| 40 | BRWSaba Capital Income & Opportunities Fund | 95,200 | $767.3M | 0.39% | |
| 41 | DDominion Resources, Inc | 11,700 | $661.3M | 0.33% | |
| 42 | PGProcter & Gamble | 3,789 | $603.7M | 0.30% | |
| 43 | WRBW. R. Berkley Corporation | 8,170 | $600.3M | 0.30% | |
| 44 | CEFSSaba Closed End Funds ETF | 26,135 | $581.2M | 0.29% | |
| 45 | ENBEnbridge Inc | 12,796 | $579.9M | 0.29% | |
| 46 | BEPBrookfield Renewable LP | 22,601 | $576.6M | 0.29% | |
| 47 | MLMMartin Marietta Matr | 1,015 | $557.2M | 0.28% | |
| 48 | BMTABritish American Tobacco ADR | 11,570 | $556.8M | 0.28% | |
| 49 | DEDeere & Co | 1,000 | $510.1M | 0.26% | |
| 50 | PCGPG&E Corporation | 36,490 | $509.6M | 0.26% | |
| 51 | GRABGrab Holdings Ltd. | 98,680 | $496.4M | 0.25% | |
| 52 | HSYHershey Co | 2,891 | $479.8M | 0.24% | |
| 53 | PYPLPaypal Holdings Inc | 6,220 | $462.3M | 0.23% | |
| 54 | EPDEnterprise Products Partners L.P. | 14,675 | $455.1M | 0.23% | |
| 55 | EIXEdison International | 8,000 | $412.8M | 0.21% | |
| 56 | KOCoca-Cola Company | 5,625 | $400.8M | 0.20% | |
| 57 | LLYEli Lilly & Company | 505 | $393.7M | 0.20% | |
| 58 | EQTEQT Corporation | 6,600 | $384.9M | 0.19% | |
| 59 | HONHoneywell International Inc. | 1,611 | $375.2M | 0.19% | |
| 60 | GBTCGrayscale Bitcoin Trust | 4,135 | $350.8M | 0.18% | |
| 61 | FFC0Oaktree Specialty Lending Corporation | 25,535 | $348.8M | 0.18% | |
| 62 | SNOWSnowflake Inc. | 1,295 | $289.8M | 0.15% | |
| 63 | SESea Limited | 1,550 | $247.9M | 0.12% | |
| 64 | BABAAlibaba Group ADR | 2,090 | $241.9M | 0.12% | |
| 65 | PLTRPalantir Technologies Inc. | 1,677 | $228.6M | 0.11% | |
| 66 | WMBThe Williams Companies, Inc. | 3,615 | $227.1M | 0.11% | |
| 67 | CMCCommercial Metals Co | 4,565 | $224.1M | 0.11% | |
| 68 | AMZNAmazon Com Inc | 970 | $212.8M | 0.11% | |
| 69 | AMATApplied Materials | 1,145 | $209.6M | 0.11% | |
| 70 | ISRGIntuitive Surgical | 375 | $203.8M | 0.10% | |
| 71 | GRNBVaneck Vectors Green Bond ETF | 8,250 | $200.0M | 0.10% | |
| 72 | UBERUber Technologies Inc | 2,075 | $193.6M | 0.10% | |
| 73 | BTCGrayscale Bitcoin Mini Trust ETF | 4,000 | $191.0M | 0.10% | |
| 74 | RTXRaytheon Technologies Co | 1,300 | $189.8M | 0.10% | |
| 75 | BEPCBrookfield Renewable Corp | 5,772 | $189.2M | 0.09% | |
| 76 | CWCurtiss Wright Corp | 352 | $172.1M | 0.09% | |
| 77 | ABBVAbbvie Inc | 916 | $170.0M | 0.09% | |
| 78 | TAT&T | 5,785 | $167.4M | 0.08% | |
| 79 | METAMeta Platforms, Inc. | 225 | $166.1M | 0.08% | |
| 80 | CARRCarrier Global Corp | 2,184 | $159.8M | 0.08% | |
| 81 | GNRCGenerac Holdings Inc | 1,080 | $154.7M | 0.08% | |
| 82 | COSTCostco Wholesale Co | 155 | $153.4M | 0.08% | |
| 83 | ESABESAB Corp | 1,260 | $151.9M | 0.08% | |
| 84 | DEODiageo PLC ADR | 1,420 | $143.2M | 0.07% | |
| 85 | PENNPenn NTNL Gaming | 7,910 | $141.4M | 0.07% | |
| 86 | LLoews Corp | 1,500 | $137.5M | 0.07% | |
| 87 | KMBKimberly-Clark Corp | 1,005 | $130.8M | 0.07% | |
| 88 | JT5Mueller Water Products, Inc. | 5,150 | $123.8M | 0.06% | |
| 89 | VNOMUSDViper Energy Inc Class A | 3,180 | $121.3M | 0.06% | |
| 90 | NETCloudFlare, Inc. | 615 | $120.4M | 0.06% | |
| 91 | MDUMDU Resources Group, Inc. | 6,530 | $109.7M | 0.06% | |
| 92 | SRADSportradar Group AG | 3,750 | $105.3M | 0.05% | |
| 93 | GISGeneral Mills Inc | 2,000 | $103.6M | 0.05% | |
| 94 | WMWaste Management Inc | 425 | $97.2M | 0.05% | |
| 95 | VGVenture Global Inc-CL A | 5,900 | $91.9M | 0.05% | |
| 96 | SSNCSS&C Technologies Holdings, Inc. | 1,000 | $82.8M | 0.04% | |
| 97 | KVUEKenvue Inc | 2,600 | $54.4M | 0.03% |