Filed: 2/17/2026ACC: 0001698926-26-000001
📋 What this filing means
ADALTA CAPITAL MANAGEMENT LLC filed this quarterly 13F‑HR report disclosing 88 equity positions with a total reported market value of $224.00M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
88
Positions
$224.00M
Total AUM (reported)
2.61M
Total Shares
Allocation by class
COM$159.01M71.0%
CAP STK CL A$13.54M6.0%
CL A LTD VT SH$12.23M5.5%
COM NEW$7.45M3.3%
ORD$5.28M2.4%
CAP STK CL C$3.79M1.7%
CL B NEW$3.62M1.6%
Portfolio Concentration
Top 3$50.77M22.7%
4–10$71.26M31.8%
11–25$60.63M27.1%
Rest$41.35M18.5%
Top 3 weight
22.7%
Top 10 weight
54.5%
Voting Authority Distribution
Total shares with voting rights: 2.61M
Sole
Full voting authority
2.36M
shares
% of voting shares90.5%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
246.94K
shares
% of voting shares9.5%
Investment Discretion (by position count)
Sole88
Shared0
Other0
Dominant voting typeSole · 90.5% of voting shares
Institutional Holdings88
Rows:
Microsoft Corporation
SOLEShares45.23K
TypeSH
Market value$21.87M
9.76%
Sole
41.97K
Shared
0.00
None
3.26K
JPMorgan Chase & Co
SOLEShares47.68K
TypeSH
Market value$15.36M
6.86%
Sole
47.68K
Shared
0.00
None
0.00
Alphabet Inc. Class A
SOLEShares43.25K
TypeSH
Market value$13.54M
6.04%
Sole
39.68K
Shared
0.00
None
3.57K
Blackstone Group Inc
SOLEShares87.39K
TypeSH
Market value$13.47M
6.01%
Sole
83.09K
Shared
0.00
None
4.30K
Brookfield Corp F Class A
SOLEShares266.48K
TypeSH
Market value$12.23M
5.46%
Sole
246.80K
Shared
0.00
None
19.67K
Home Depot
SOLEShares29.22K
TypeSH
Market value$10.05M
4.49%
Sole
25.82K
Shared
0.00
None
3.40K
Qualcomm Inc.
SOLEShares55.91K
TypeSH
Market value$9.56M
4.27%
Sole
54.59K
Shared
0.00
None
1.32K
Merck & Co. Inc.
SOLEShares89.58K
TypeSH
Market value$9.51M
4.24%
Sole
84.20K
Shared
0.00
None
5.38K
American Express Co.
SOLEShares23.24K
TypeSH
Market value$8.60M
3.84%
Sole
21.34K
Shared
0.00
None
1.90K
PhenixFIN Corporation
SOLEShares175.57K
TypeSH
Market value$7.84M
3.50%
Sole
122.69K
Shared
0.00
None
52.88K
Union Pacific Corp.
SOLEShares33.69K
TypeSH
Market value$7.79M
3.48%
Sole
33.69K
Shared
0.00
None
0.00
Guardant Health, Inc.
SOLEShares63.29K
TypeSH
Market value$6.46M
2.89%
Sole
59.19K
Shared
0.00
None
4.09K
Markel Group Inc.
SOLEShares2.73K
TypeSH
Market value$5.87M
2.62%
Sole
2.28K
Shared
0.00
None
454.00
Arch Capital Group Ltd
SOLEShares55.03K
TypeSH
Market value$5.28M
2.36%
Sole
51.17K
Shared
0.00
None
3.87K
Mercadolibre Inc
SOLEShares2.13K
TypeSH
Market value$4.29M
1.92%
Sole
1.89K
Shared
0.00
None
246.00
Weyerhaeuser Co REIT
SOLEShares167.48K
TypeSH
Market value$3.97M
1.77%
Sole
164.81K
Shared
0.00
None
2.67K
Alphabet Inc. Class C
SOLEShares12.08K
TypeSH
Market value$3.79M
1.69%
Sole
10.43K
Shared
0.00
None
1.66K
Berkshire Hathaway Class B
SOLEShares7.19K
TypeSH
Market value$3.62M
1.61%
Sole
6.69K
Shared
0.00
None
500.00
Johnson & Johnson
SOLEShares17.22K
TypeSH
Market value$3.56M
1.59%
Sole
16.77K
Shared
0.00
None
450.00
Nu Holdings Ltd.
SOLEShares183.10K
TypeSH
Market value$3.07M
1.37%
Sole
156.85K
Shared
0.00
None
26.25K
Southern Company
SOLEShares32.84K
TypeSH
Market value$2.86M
1.28%
Sole
32.84K
Shared
0.00
None
0.00
Franco-Nevada Corp
SOLEShares13.76K
TypeSH
Market value$2.85M
1.27%
Sole
12.50K
Shared
0.00
None
1.25K
Duke Energy Corp
SOLEShares22.23K
TypeSH
Market value$2.60M
1.16%
Sole
20.77K
Shared
0.00
None
1.45K
Cisco Systems, Inc.
SOLEShares31.02K
TypeSH
Market value$2.39M
1.07%
Sole
31.02K
Shared
0.00
None
0.00
Brookfield Asset Management Ltd.
SOLEShares42.18K
TypeSH
Market value$2.21M
0.99%
Sole
39.57K
Shared
0.00
None
2.61K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
Microsoft CorporationSOLE | COM | 45.23K | SH | $21.87M 9.76% | 41.97K | 0.00 | 3.26K |
JPMorgan Chase & CoSOLE | COM | 47.68K | SH | $15.36M 6.86% | 47.68K | 0.00 | 0.00 |
Alphabet Inc. Class ASOLE | CAP STK CL A | 43.25K | SH | $13.54M 6.04% | 39.68K | 0.00 | 3.57K |
Blackstone Group IncSOLE | COM | 87.39K | SH | $13.47M 6.01% | 83.09K | 0.00 | 4.30K |
Brookfield Corp F Class ASOLE | CL A LTD VT SH | 266.48K | SH | $12.23M 5.46% | 246.80K | 0.00 | 19.67K |
Home DepotSOLE | COM | 29.22K | SH | $10.05M 4.49% | 25.82K | 0.00 | 3.40K |
Qualcomm Inc.SOLE | COM | 55.91K | SH | $9.56M 4.27% | 54.59K | 0.00 | 1.32K |
Merck & Co. Inc.SOLE | COM | 89.58K | SH | $9.51M 4.24% | 84.20K | 0.00 | 5.38K |
American Express Co.SOLE | COM | 23.24K | SH | $8.60M 3.84% | 21.34K | 0.00 | 1.90K |
PhenixFIN CorporationSOLE | COM | 175.57K | SH | $7.84M 3.50% | 122.69K | 0.00 | 52.88K |
Union Pacific Corp.SOLE | COM | 33.69K | SH | $7.79M 3.48% | 33.69K | 0.00 | 0.00 |
Guardant Health, Inc.SOLE | COM | 63.29K | SH | $6.46M 2.89% | 59.19K | 0.00 | 4.09K |
Markel Group Inc.SOLE | COM | 2.73K | SH | $5.87M 2.62% | 2.28K | 0.00 | 454.00 |
Arch Capital Group LtdSOLE | ORD | 55.03K | SH | $5.28M 2.36% | 51.17K | 0.00 | 3.87K |
Mercadolibre IncSOLE | COM | 2.13K | SH | $4.29M 1.92% | 1.89K | 0.00 | 246.00 |
Weyerhaeuser Co REITSOLE | COM NEW | 167.48K | SH | $3.97M 1.77% | 164.81K | 0.00 | 2.67K |
Alphabet Inc. Class CSOLE | CAP STK CL C | 12.08K | SH | $3.79M 1.69% | 10.43K | 0.00 | 1.66K |
Berkshire Hathaway Class BSOLE | CL B NEW | 7.19K | SH | $3.62M 1.61% | 6.69K | 0.00 | 500.00 |
Johnson & JohnsonSOLE | COM | 17.22K | SH | $3.56M 1.59% | 16.77K | 0.00 | 450.00 |
Nu Holdings Ltd.SOLE | ORD SHS CL A | 183.10K | SH | $3.07M 1.37% | 156.85K | 0.00 | 26.25K |
Southern CompanySOLE | COM | 32.84K | SH | $2.86M 1.28% | 32.84K | 0.00 | 0.00 |
Franco-Nevada CorpSOLE | COM | 13.76K | SH | $2.85M 1.27% | 12.50K | 0.00 | 1.25K |
Duke Energy CorpSOLE | COM NEW | 22.23K | SH | $2.60M 1.16% | 20.77K | 0.00 | 1.45K |
Cisco Systems, Inc.SOLE | COM | 31.02K | SH | $2.39M 1.07% | 31.02K | 0.00 | 0.00 |
Brookfield Asset Management Ltd.SOLE | CL A LMT VTG SHS | 42.18K | SH | $2.21M 0.99% | 39.57K | 0.00 | 2.61K |
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