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Portfolio (Quarterly) Guide ↗

Citadel Investment Advisory, Inc.

· CIK 0001811907
13F Portfolio $210M AUM 78 positions Filed Apr 16, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 52 Reduced 1 Exited
Page 2 of 3  ·  52 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 WRB Berkley W R Corp Financial Services 29,468.0 $2.0M 0.93% -225.0 -0.8% $66.28 +1.6%
22 Medtronic 20,700.0 $1.8M 0.86% -616.0 -2.9% $86.67
23 AXP American Express Financial Services 5,832.0 $1.8M 0.84% -200.0 -3.3% $302.47 +3.3%
24 WFC Wells Fargo Financial Services 19,775.0 $1.6M 0.75% -366.0 -1.8% $79.60 -2.6%
25 CSX CSX Corp Industrials 37,660.0 $1.5M 0.74% -1K -3.1% $41.05 +14.8%
26 WBD Warner Brothers Discovery,inc Communication Services 50,363.0 $1.4M 0.66% -2K -4.2% $27.46 -1.7%
27 BUD AB Inbev Consumer Defensive 16,383.0 $1.1M 0.54% -567.0 -3.4% $69.34 +21.1%
28 ETN Eaton Corp Industrials 3,144.0 $1.1M 0.54% -100.0 -3.1% $357.82 +13.6%
29 CACC Credit Acceptance Corp Financial Services 2,525.0 $1.1M 0.51% -125.0 -4.7% $423.37 +30.6%
30 BAC Bank of America Financial Services 20,735.0 $1.0M 0.48% -1K -4.6% $48.76 +4.8%
31 MHK Mohawk Industries Consumer Cyclical 9,852.0 $970K 0.46% -809.0 -7.6% $98.46 +7.6%
32 AMZN Amazon Consumer Cyclical 4,612.0 $961K 0.46% -120.0 -2.5% $208.37 +30.5%
33 LOW Lowes Consumer Cyclical 4,026.0 $951K 0.45% -309.0 -7.1% $236.21 -8.2%
34 ABT Abbott Laboratories Healthcare 8,730.0 $896K 0.43% -234.0 -2.6% $102.63 -16.5%
35 John Marshall Bancorp 37,200.0 $754K 0.36% -1K -2.6% $20.27
36 CNI Canadian National Railway Industrials 7,161.0 $736K 0.35% -550.0 -7.1% $102.78 +15.4%
37 SYY Sysco Corp Consumer Defensive 9,401.0 $671K 0.32% -387.0 -4.0% $71.38 +5.4%
38 Everest Re Group Inc 1,960.0 $641K 0.31% -167.0 -7.8% $327.04
39 Leidos Holdings Inc 4,110.0 $639K 0.30% -67.0 -1.6% $155.47
40 WYNN Wynn Resorts Consumer Cyclical 5,811.0 $590K 0.28% -150.0 -2.5% $101.53 -3.6%
Page 2 of 3  ·  52 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 35.4%
Communication Services 18.6%
Healthcare 10.9%
Consumer Defensive 10.2%
Technology 9.3%
Industrials 9.3%
Consumer Cyclical 6.3%