0001698926-23-000002.txt : 20230516 0001698926-23-000002.hdr.sgml : 20230516 20230516105712 ACCESSION NUMBER: 0001698926-23-000002 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230331 FILED AS OF DATE: 20230516 DATE AS OF CHANGE: 20230516 EFFECTIVENESS DATE: 20230516 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Adalta Capital Management LLC CENTRAL INDEX KEY: 0001698926 IRS NUMBER: 812481155 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-18082 FILM NUMBER: 23926057 BUSINESS ADDRESS: STREET 1: 452 FIFTH AVENUE STREET 2: 14TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10018 BUSINESS PHONE: 2128325135 MAIL ADDRESS: STREET 1: 452 FIFTH AVENUE STREET 2: 14TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10018 13F-HR 1 primary_doc.xml X0202 13F-HR LIVE false false false 0001698926 XXXXXXXX 03-31-2023 03-31-2023 Adalta Capital Management LLC

452 FIFTH AVENUE 14TH FLOOR NEW YORK NY 10018

13F HOLDINGS REPORT 028-18082 N ZOE VLACHOS 2128325135 ZOE VLACHOS New York NY 05-15-2023 0 105 142996000 false INFORMATION TABLE 2 adalta03312023.xml Alibaba Group ADR SPONSORED ADS 01609W102 969 9485 SH SOLE 7985 0 1500 Alphabet Inc. Class A CAP STK CL A 02079K305 40 385 SH OTR 385 0 0 Alphabet Inc. Class A CAP STK CL A 02079K305 4388 42300 SH SOLE 38705 0 3595 Alphabet Inc. Class C CAP STK CL C 02079K107 31 300 SH OTR 300 0 0 Alphabet Inc. Class C CAP STK CL C 02079K107 632 6075 SH SOLE 4395 0 1680 American Express Co. COM 025816109 82 500 SH OTR 500 0 0 American Express Co. COM 025816109 4092 24805 SH SOLE 22905 0 1900 American Vanguard Corporation COM 030371108 204 9300 SH SOLE 1300 0 8000 Apple Inc. COM 037833100 1247 7565 SH SOLE 7565 0 0 Arch Capital Group Ltd ORD G0450A105 1216 17920 SH SOLE 14920 0 3000 Bank of America COM 060505104 93 3262 SH SOLE 3262 0 0 Baxter International COM 071813109 1 25 SH OTR 25 0 0 Baxter International COM 071813109 667 16340 SH SOLE 15890 0 450 Berkshire Hathaway Class B CL B NEW 084670702 1305 4228 SH SOLE 3728 0 500 Blackstone Group Inc COM 09260D107 88 1000 SH OTR 1000 0 0 Blackstone Group Inc COM 09260D107 8302 94511 SH SOLE 90186 0 4325 Blackstone Mortgage Trust COM CL A 09257W100 6 300 SH OTR 300 0 0 Blackstone Mortgage Trust COM CL A 09257W100 1419 76848 SH SOLE 74233 0 2615 Boeing COM 097023105 2252 10599 SH SOLE 10599 0 0 Bristol-Myers Squibb COM 110122108 24 350 SH OTR 350 0 0 Bristol-Myers Squibb COM 110122108 1313 18948 SH SOLE 15223 0 3725 Brookfield Asset Management Ltd. CL A LMT VTG SHS 113004105 14 416 SH OTR 416 0 0 Brookfield Asset Management Ltd. CL A LMT VTG SHS 113004105 1371 41902 SH SOLE 39293 0 2609 Brookfield Corp F Class A CL A LTD VT SH 11271J107 54 1667 SH OTR 1667 0 0 Brookfield Corp F Class A CL A LTD VT SH 11271J107 5470 167854 SH SOLE 153405 0 14449 Brookfield Renewable LP PARTNERSHIP UNIT G16258108 757 24012 SH SOLE 23112 0 900 Brookfield Renewable C F Class A CL A SUB VTG 11284V105 210 5996 SH SOLE 5771 0 225 Cambria Tail Risk ETF TAIL RISK 132061862 275 18525 SH SOLE 18525 0 0 Canadian National Railway Co. COM 136375102 1970 16700 SH SOLE 16700 0 0 Chevron Corp. COM 166764100 1488 9118 SH SOLE 7514 0 1604 Cisco Systems, Inc. COM 17275R102 1662 31786 SH SOLE 31786 0 0 CloudFlare, Inc. CL A COM 18915M107 59 950 SH SOLE 950 0 0 Coca-Cola Company COM 191216100 352 5625 SH SOLE 5625 0 0 Colgate-Palmolive Co COM 194162103 673 8960 SH SOLE 2260 0 6700 Comcast Corporation CL A 20030N101 682 18000 SH SOLE 18000 0 0 Commercial Metals Co COM 201723103 172 3500 SH SOLE 1500 0 2000 Consolidated Edison COM 209115104 19 200 SH OTR 200 0 0 Consolidated Edison COM 209115104 744 7777 SH SOLE 7377 0 400 Costco Wholesale Co COM 22160K105 87 175 SH SOLE 175 0 0 Coupang, Inc. CL A 22266T109 1429 89292 SH SOLE 67193 0 22099 Devon Energy Corp COM 25179M103 153 3025 SH SOLE 2925 0 100 Dominion Resources, Inc COM 25746U109 408 7300 SH SOLE 7200 0 100 Duke Energy Corp COM NEW 26441C204 695 7205 SH SOLE 7205 0 0 Edison International COM 281020107 574 8050 SH SOLE 8050 0 0 Enbridge Inc COM 29250N105 488 12796 SH SOLE 12000 0 796 Enterprise Products Partners L.P. COM 293792107 392 15125 SH SOLE 14975 0 150 ESAB Corp COM 29605J106 244 4133 SH SOLE 0 0 4133 ExxonMobil Corp COM 30231G102 902 8221 SH SOLE 4891 0 3330 Franco-Nevada Corp COM 351858105 47 325 SH OTR 325 0 0 Franco-Nevada Corp COM 351858105 1654 11345 SH SOLE 10097 0 1248 General Mills Inc COM 370334104 185 2164 SH SOLE 2164 0 0 Grab Holdings Ltd. CLASS A ORD G4124C109 378 125738 SH SOLE 84886 0 40852 Guardant Health, Inc. COM 40131M109 26 1100 SH OTR 1100 0 0 Guardant Health, Inc. COM 40131M109 1893 80775 SH SOLE 74880 0 5895 Home Depot COM 437076102 207 700 SH OTR 700 0 0 Home Depot COM 437076102 8072 27353 SH SOLE 23953 0 3400 Honeywell International Inc. COM 438516106 308 1611 SH SOLE 1611 0 0 Hubspot Inc COM 443573100 73 170 SH SOLE 170 0 0 Ingredion Inc COM 457187102 184 1800 SH SOLE 300 0 1500 Intuitive Surgical COM NEW 46120E602 96 375 SH SOLE 375 0 0 Johnson & Johnson COM 478160104 31 200 SH OTR 200 0 0 Johnson & Johnson COM 478160104 2693 17371 SH SOLE 16921 0 450 JPMorgan Chase & Co COM 46625H100 6347 48710 SH SOLE 48710 0 0 Kimberly-Clark Corp COM 494368103 136 1005 SH SOLE 1005 0 0 Markel Corp. COM 570535104 460 360 SH SOLE 250 0 110 Marriott Vacations COM 57164Y107 1051 7790 SH SOLE 7790 0 0 Martin Marietta Matr COM 573284106 373 1050 SH SOLE 1050 0 0 MDU Resources Group, Inc. COM 552690109 184 6000 SH SOLE 0 0 6000 Merck & Co. Inc. COM 58933Y105 127 1190 SH OTR 1190 0 0 Merck & Co. Inc. COM 58933Y105 9411 87854 SH SOLE 82476 0 5378 Microsoft Corporation COM 594918104 287 995 SH OTR 995 0 0 Microsoft Corporation COM 594918104 16265 56418 SH SOLE 51948 0 4470 NextEra Energy, Inc. COM 65339F101 25 325 SH OTR 325 0 0 NextEra Energy, Inc. COM 65339F101 2370 30750 SH SOLE 30750 0 0 Obsidian Energy Ltd. COM 674482203 470 73392 SH SOLE 28392 0 45000 OGE Energy Corp. COM 670837103 1262 33500 SH SOLE 33000 0 500 Penn NTNL Gaming COM 707569109 266 8981 SH SOLE 8981 0 0 PG&E Corporation COM 69331C108 572 35375 SH SOLE 32875 0 2500 PhenixFIN Corporation COM 71742W103 9 245 SH OTR 245 0 0 PhenixFIN Corporation COM 71742W103 4527 125754 SH SOLE 85204 0 40550 Philip Morris International Inc. COM 718172109 117 1190 SH SOLE 1000 0 190 Portland General Electric Co. COM NEW 736508847 30 600 SH OTR 600 0 0 Portland General Electric Co. COM NEW 736508847 3112 63065 SH SOLE 59740 0 3325 Procter & Gamble COM 742718109 566 3805 SH SOLE 3805 0 0 ProShares Short S&P500 SHORT S&P 500 NE 74347B425 165 11000 SH SOLE 6000 0 5000 Pure Storage, Inc. CL A 74624M102 128 5000 SH SOLE 0 0 5000 Qualcomm Inc. COM 747525103 13 100 SH OTR 100 0 0 Qualcomm Inc. COM 747525103 7123 55830 SH SOLE 52605 0 3225 Raytheon Technologies Co COM 75513E101 214 2184 SH SOLE 2184 0 0 Saba Closed End Funds ETF SABA INT RATE 30151E806 20 1075 SH OTR 1075 0 0 Saba Closed End Funds ETF SABA INT RATE 30151E806 534 29274 SH SOLE 29274 0 0 SLB COM STK 806857108 1961 39744 SH SOLE 38894 0 850 Snowflake Inc. CL A 833445109 278 1805 SH SOLE 1550 0 255 Southern Company COM 842587107 1897 27261 SH SOLE 27261 0 0 Teradyne, Inc. COM 880770102 78 730 SH OTR 730 0 0 Teradyne, Inc. COM 880770102 4818 44810 SH SOLE 41480 0 3330 The Williams Companies, Inc. COM 969457100 45 1500 SH SOLE 1500 0 0 Tidewater Inc. COM 88642R109 198 4500 SH SOLE 500 0 4000 Union Pacific Corp. COM 907818108 81 400 SH OTR 400 0 0 Union Pacific Corp. COM 907818108 6636 32970 SH SOLE 32970 0 0 Vaneck Vectors Green Bond ETF GREEN BOND ETF 92189F171 194 8250 SH SOLE 8250 0 0 Walgreens Boots Alliance, Inc. COM 931427108 76 2185 SH SOLE 2185 0 0 Weyerhaeuser Co REIT COM NEW 962166104 52 1725 SH OTR 1725 0 0 Weyerhaeuser Co REIT COM NEW 962166104 4801 159350 SH SOLE 151700 0 7650 Wheaton Precious Metals Corp COM 962879102 155 3200 SH SOLE 1200 0 2000