Latest Adalta Capital Management LLC Stock Portfolio

$181Million– No. of Holdings #101

Adalta Capital Management LLC Performance:

2024 Q1: 6.86%YTD: 6.86%2023: 15.6%

Performance for 2024 Q1 is 6.86%, and YTD is 6.86%, and 2023 is 15.6%.

About Adalta Capital Management LLC and 13F Hedge Fund Stock Holdings

Adalta Capital Management LLC is a hedge fund based in NEW YORK, NY. On 01-Apr-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $233.1 Millions. In it's latest 13F Holdings report, Adalta Capital Management LLC reported an equity portfolio of $181.1 Millions as of 31 Mar, 2024.

The top stock holdings of Adalta Capital Management LLC are MSFT, MRK, BX. The fund has invested 12.5% of it's portfolio in MICROSOFT CORPORATION and 6.6% of portfolio in MERCK & CO. INC.

The fund managers got completely rid off PROSHARES SHORT S&P500 (ALTS), HUBSPOT INC (HUBS) and SPORTSMAN'S WAREHOUSE HOLDING (SPWH) stocks. They significantly reduced their stock positions in OGE ENERGY CORP. (OGE), CRANE COMPANY (CR) and SKYWATER TECHNOLOGY INC (SKYT). Adalta Capital Management LLC opened new stock positions in DIAGEO PLC F SPONSORED ADR (DEO), APPLIED MATERIALS (AMAT) and NATIONAL WESTERN LIFE (NWLI). The fund showed a lot of confidence in some stocks as they added substantially to OAKTREE SPECIALTY LENDING CORPORATION (OCSL), DUKE ENERGY CORP (DUK) and SPORTRADAR GROUP AG (SRAD).

Adalta Capital Management LLC Equity Portfolio Value

Last Reported on: 16 May, 2024

Adalta Capital Management LLC Annual Return Estimates Vs S&P 500

Our best estimate is that Adalta Capital Management LLC made a return of 6.86% in the last quarter. In trailing 12 months, it's portfolio return was 19.18%.

New Buys

Ticker	$ Bought
diageo plc f sponsored adr	439,803
applied materials	216,542
national western life	152,508
despegar.com corp	119,600
arcos dorados holdings inc-a	111,200
proshares ultrapro short s&p 500 etf	99,484
akoustis technologies, inc.	94,576

New stocks bought by Adalta Capital Management LLC

Additions

Ticker	% Inc.
oaktree specialty lending corporation	165
duke energy corp	83.75
sportradar group ag	69.25
paypal holdings inc	61.7
horizon kinetics blockchain development etf	50.00
generac holdings inc	47.95
commercial metals co	41.38
franco-nevada corp	28.19

Additions to existing portfolio by Adalta Capital Management LLC

Reductions

Ticker	% Reduced
oge energy corp.	-63.43
crane company	-56.92
skywater technology inc	-40.00
cloudflare, inc.	-35.26
skyward specialty insurance	-33.33
grab holdings ltd.	-29.83
portland general electric co.	-29.47
ryerson holding corporation	-27.31

Adalta Capital Management LLC reduced stake in above stock

Sold off

Ticker	$ Sold
proshares short s&p500	-285,780
sportsman's warehouse holding	-55,380
hubspot inc	-98,692

Adalta Capital Management LLC got rid off the above stocks

Sector Distribution

Adalta Capital Management LLC has about 23.7% of it's holdings in Financial Services sector.

Sector	%
Financial Services	23.7
Technology	19.7
Others	11.6
Healthcare	10.9
Consumer Cyclical	8.6
Industrials	7.2
Utilities	4.5
Real Estate	4.4
Communication Services	4.3
Energy	3.3
Consumer Defensive	1.3

Market Cap. Distribution

Adalta Capital Management LLC has about 79.8% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MEGA-CAP	44.9
LARGE-CAP	34.9
UNALLOCATED	11.6
MID-CAP	4.1
MICRO-CAP	3.5

Stocks belong to which Index?

About 79.4% of the stocks held by Adalta Capital Management LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	76.2
Others	20.6
RUSSELL 2000	3.2

Top 5 Winners (%)		%
NU	nu holdings ltd.	50.3 %
BWXT	bwx technologies inc	29.1 %
LLY	eli lilly & company	27.9 %
TDW	tidewater inc.	27.6 %
MDU	mdu resources group, inc.	26.6 %

Top 5 Winners ($)		$
MSFT	microsoft corporation	2.4 M
MRK	merck & co. inc.	2.1 M
JPM	jpmorgan chase & co	1.5 M
QCOM	qualcomm inc.	1.4 M
HD	home depot	1.1 M

Top 5 Losers (%)		%
ENVX	enovix corporation	-33.7 %
PENN	penn ntnl gaming	-30.0 %
BA	boeing	-25.7 %
GH	guardant health, inc.	-21.7 %
SNOW	snowflake inc.	-18.3 %

Top 5 Losers ($)		$
BA	boeing	-0.7 M
GH	guardant health, inc.	-0.4 M
ENVX	enovix corporation	-0.2 M
AAPL	apple inc.	-0.1 M
POR	portland general electric co.	-0.1 M

Adalta Capital Management LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Adalta Capital Management LLC

Adalta Capital Management LLC has 101 stocks in it's portfolio. About 58.4% of the portfolio is in top 10 stocks. BA proved to be the most loss making stock for the portfolio. MSFT was the most profitable stock for Adalta Capital Management LLC last quarter.

Last Reported on: 16 May, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc.	0.55	5,790	992,869	reduced	-23.46

ACGL	arch capital group ltd	2.70	52,948	4,894,510	added	7.28

AFK	vaneck vectors green bond etf	0.11	8,250	195,773	unchanged	0.00

AGOV	saba closed end funds etf	0.30	26,135	540,210	added	1.95

AKTS	akoustis technologies, inc.	0.05	160,000	94,576	new

ALTS	proshares ultrapro short s&p 500 etf	0.06	15,400	99,484	new

ALTS	proshares short s&p500	0.00	0.00	0.00	sold off	-100

AMAT	applied materials	0.12	1,050	216,542	new

ARCO	arcos dorados holdings inc-a	0.06	10,000	111,200	new

AXP	american express co.	3.22	25,615	5,832,280	added	2.18

BA	boeing	1.06	9,949	1,920,060	reduced	-6.13

BABA	alibaba group adr	0.42	10,600	767,016	reduced	-3.5

BAC	bank of america	0.05	2,600	98,592	reduced	-16.13

BAM	brookfield asset management ltd.	1.01	43,494	1,827,620	added	0.85

BAX	baxter international	0.57	23,953	1,030,700	unchanged	0.00

BEP	brookfield renewable lp	0.31	23,900	555,197	reduced	-0.47

BEPC	brookfield renewable c f class a	0.08	5,959	146,413	reduced	-0.45

BLDG	cambria tail risk etf	0.06	9,600	117,326	unchanged	0.00

BMY	bristol-myers squibb	0.56	18,877	1,023,700	reduced	-0.26

BWXT	bwx technologies inc	0.11	1,900	194,978	reduced	-24.00