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Portfolio (Quarterly) Guide ↗

Adalta Capital Management LLC

· CIK 0001698926
13F Portfolio $209M AUM 120 positions Filed May 18, 2026 EDGAR ↗ ← All Funds
Q1 2026 · All 97 New
Page 3 of 5  ·  97 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
41 TPL Texas Pacific Land Corp Energy 1,995.0 $947K 0.45% NEW $474.56 -18.5%
42 LLY Eli Lilly & Company Healthcare 1,009.0 $928K 0.44% NEW $919.77 +7.4%
43 ED Consolidated Edison Utilities 7,867.0 $890K 0.43% NEW $113.18 -5.9%
44 HSY Hershey Co Consumer Defensive 4,126.0 $858K 0.41% NEW $207.89 -7.8%
45 HON Honeywell International Inc. Industrials 3,626.0 $820K 0.39% NEW $226.03 -3.9%
46 OPCH Option Care Health Inc Healthcare 30,405.0 $819K 0.39% NEW $26.92 -26.9%
47 Landbridge Co LLC Class A 11,285.0 $779K 0.37% NEW $69.05
48 CL Colgate-Palmolive Co Consumer Defensive 8,810.0 $751K 0.36% NEW $85.23 +5.6%
49 BEP Brookfield Renewable LP Utilities 22,451.0 $734K 0.35% NEW $32.70 +4.1%
50 D Dominion Resources, Inc Utilities 11,800.0 $729K 0.35% NEW $61.82 +9.3%
51 PM Philip Morris International Inc. Consumer Defensive 4,240.0 $707K 0.34% NEW $166.81 +14.8%
52 Amrize Ltd 12,580.0 $703K 0.34% NEW $55.89
53 ENB Enbridge Inc Energy 12,796.0 $693K 0.33% NEW $54.14 +4.1%
54 WBI WaterBridge Infrastructure LLC Energy 24,625.0 $660K 0.32% NEW $26.79 +14.7%
55 PCG PG&E Corporation Utilities 36,490.0 $643K 0.31% NEW $17.62 -10.0%
56 WRB W. R. Berkley Corporation Financial Services 9,020.0 $598K 0.29% NEW $66.28 +3.7%
57 MLM Martin Marietta Matr Basic Materials 1,015.0 $598K 0.29% NEW $588.68 -5.6%
58 CEFS Saba Closed End Funds ETF 26,135.0 $589K 0.28% NEW $22.55 +9.5%
59 KMB Kimberly-Clark Corp Consumer Defensive 6,005.0 $587K 0.28% NEW $97.75 -1.2%
60 EIX Edison International Utilities 8,000.0 $585K 0.28% NEW $73.18 -5.5%
Page 3 of 5  ·  97 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Financial Services 32.3%
Technology 14.2%
Healthcare 12.8%
Consumer Cyclical 8.1%
Industrials 7.8%
Communication Services 7.3%
Utilities 5.0%
Energy 5.0%
Real Estate 2.7%
Consumer Defensive 2.5%