Annandale Capital, LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 15, 2024), Annandale Capital, LLC reported 118 stock positions worth $480.4 million. Its top holding was Vanguard Short-Term Bond ETF (BSV) at 8.2% of the portfolio, followed by Dimensional Core Fixed (DFCF, 6.9%) and Meta Platforms Class A (META, 3.9%). Compared with Q1 2024, it opened 11 new positions, sold out of 21, added to 39 and reduced 18. The biggest buy was SS SPDR S&P 500 ETF Trust-US (SPY, shares +77%) and the biggest sale Walt Disney (DIS, shares −5%).
- Most Recent 13F
- Q2 2026
- Location
- DALLAS, TX
- CIK
- 0001811739
- Portfolio Value
- $480.4M (Q2 2024)
- SEC Filing
- 0001811739-24-000004 ↗ filed Aug 15, 2024
Holdings Value
Holdings 118 stocks · $480.4M
| BSV Vanguard Short-Term Bond ETF | 8.19% | 513,001 | $39.3M | Add +3.9% |
| DFCF Dimensional Core Fixed Inc. | 6.91% | 798,946 | $33.2M | Add +3.2% |
| META Meta Platforms Inc. Class A | 3.92% | 37,362 | $18.8M | No change |
| DFAI Dimensional International Co. | 3.85% | 623,228 | $18.5M | Add +19.7% |
| VYM Vanguard High DVD Yield ETF | 3.72% | 150,793 | $17.9M | Add +8.3% |
| GOVT iShares US Treasury Bond ETF | 3.40% | 723,313 | $16.3M | Add +3.6% |
| MLPX Global X MLP & Energy Infras | 3.21% | 302,549 | $15.4M | Add +4.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.16% | 27,892 | $15.2M | Add +76.5% |
| ET Energy Transfer LP | 3.12% | 924,082 | $15.0M | No change |
| DFAE Dimensional Emerging Core Eq | 3.01% | 559,603 | $14.5M | Add +17.4% |
| GOOGL Alphabet Inc. Class A | 2.78% | 73,390 | $13.4M | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 2.30% | 27,110 | $11.0M | Add +1.8% |
| DCOR Dimensional US Core Eq 1 ETF | 2.20% | 177,673 | $10.6M | Add +70.2% |
| MSFT Microsoft Corp. | 2.16% | 23,198 | $10.4M | Reduce -0.2% |
| AMZN Amazon.com Inc. | 2.10% | 52,135 | $10.1M | No change |
| NFLX Netflix Inc. | 1.87% | 13,346 | $9.0M | No change |
| AVUS Avantis U.S. Equity ETF | 1.68% | 89,410 | $8.1M | Add +40.4% |
| KRE SS SPDR S&P Regional Bank | 1.43% | 140,000 | $6.9M | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.41% | 68,148 | $6.8M | Reduce -5.3% |
| FAF First American Financial | 1.30% | 115,755 | $6.2M | Add +14.9% |
| AVDE Avantis International Equity | 1.29% | 99,654 | $6.2M | Add +35.3% |
| HD Home Depot Inc. | 1.27% | 17,749 | $6.1M | Add +9.2% |
| PGR Progressive Corp. | 1.26% | 29,125 | $6.0M | Reduce -0.2% |
| WMT Walmart Inc. | 1.22% | 86,260 | $5.8M | Reduce -0.8% |
| EPD Enterprise Products Partners | 1.19% | 197,094 | $5.7M | Add +0.0% |
| AAPL Apple Inc. | 1.06% | 24,139 | $5.1M | Add +0.8% |
| ABBV Abbvie Inc. | 1.04% | 29,106 | $5.0M | Add +686.6% |
| MKL Markel Group Inc. | 1.02% | 3,118 | $4.9M | No change |
| DFUV Dimensional US Marketwide Va | 1.01% | 123,255 | $4.8M | Reduce -8.2% |
| QUAL iShares MSCI USA Quality Fac | 0.94% | 26,500 | $4.5M | Add +1.4% |
| BABA Alibaba Group Holding-SP ADR | 0.92% | 61,653 | $4.4M | Add +11.8% |
| AAP Advance Auto Parts Inc. | 0.92% | 69,865 | $4.4M | Reduce -0.1% |
| SCHW Schwab (charles) Corp. | 0.92% | 59,743 | $4.4M | No change |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.90% | 54,853 | $4.3M | No change |
| CSCO Cisco Systems Inc. | 0.90% | 90,581 | $4.3M | Reduce -0.4% |
| GLD SPDR Gold Shares | 0.87% | 19,381 | $4.2M | No change |
| DFAT Dimensional US Target Value | 0.86% | 79,436 | $4.1M | Add +35.1% |
| ALLE Allegion PLC | 0.84% | 34,076 | $4.0M | No change |
| AVEM Avantis Emerging Markets Eq | 0.80% | 62,899 | $3.8M | Add +33.8% |
| CPRT Copart Inc. | 0.79% | 70,324 | $3.8M | No change |
| AZO AutoZone Inc. | 0.76% | 1,225 | $3.6M | Reduce -0.3% |
| ABT Abbott Laboratories | 0.72% | 33,124 | $3.4M | Add +1125.5% |
| GOOG Alphabet Inc. Class C | 0.70% | 18,220 | $3.3M | Add +0.0% |
| QCOM Qualcomm Inc. | 0.68% | 16,331 | $3.3M | Reduce -9.4% |
| HHH Howard Hughes Holdings Inc. | 0.67% | 50,000 | $3.2M | New |
| JNJ Johnson & Johnson | 0.64% | 21,196 | $3.1M | No change |
| ADBE Adobe Inc. | 0.61% | 5,276 | $2.9M | Add +10.5% |
| COP Conocophillips | 0.56% | 23,469 | $2.7M | No change |
| TXN Texas Instruments Inc. | 0.52% | 12,952 | $2.5M | No change |
| EFX Equifax Inc. | 0.52% | 10,375 | $2.5M | No change |
| BKNG Booking Holdings Inc. | 0.50% | 612 | $2.4M | No change |
| UNP Union Pacific Corp. | 0.49% | 10,472 | $2.4M | No change |
| ACGL Arch Capital Group Ltd. | 0.48% | 22,786 | $2.3M | No change |
| ICE Intercontinental Exchange Inc. | 0.47% | 16,519 | $2.3M | No change |
| EFA iShares MSCI Eafe ETF | 0.46% | 28,337 | $2.2M | Reduce -4.5% |
| PARAA Paramount Global Class B | 0.46% | 213,058 | $2.2M | Add +4.5% |
| EQC Equity Commonwealth | 0.43% | 6,755 | $2.1M | No change |
| BUR Burford Capital Ltd. | 0.43% | 156,700 | $2.0M | Add +11.9% |
| VRSK Verisk Analytics Inc. | 0.41% | 7,325 | $2.0M | No change |
| BIDU Baidu Inc. - Spon ADR | 0.39% | 21,696 | $1.9M | Add +10.7% |
| MCHI iShares MSCI China ETF | 0.37% | 42,400 | $1.8M | No change |
| CDW CDW Corp. | 0.30% | 6,366 | $1.4M | No change |
| CSW CSW Industrials Inc. | 0.29% | 5,332 | $1.4M | No change |
| WSO Watsco Inc. | 0.29% | 3,006 | $1.4M | No change |
| AR Antero Resources Corp. | 0.27% | 39,454 | $1.3M | No change |
| URGN Urogen Pharma Ltd. | 0.26% | 75,552 | $1.3M | Reduce -7.4% |
| V Visa Inc. Class A | 0.25% | 4,584 | $1.2M | Add +48.6% |
| WFC Wells Fargo & Co. | 0.24% | 19,142 | $1.1M | Add +1.2% |
| KWY Kingsway Corp. | 0.22% | 128,200 | $1.1M | Add +2.6% |
| AMT American Tower Corp. | 0.22% | 5,400 | $1.1M | No change |
| KEYS Keysight Technologies Inc. | 0.22% | 7,637 | $1.0M | No change |
| OXY Occidental Petroleum Corp. | 0.21% | 15,980 | $1.0M | No change |
| EEM iShares MSCI Emerging Market | 0.20% | 22,151 | $943K | Reduce -2.6% |
| EOG EOG Resources Inc. | 0.19% | 7,235 | $911K | No change |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.18% | 5,261 | $844K | Add +130.6% |
| IVV iShares Core S&P 500 ETF | 0.17% | 1,514 | $829K | Add +82.6% |
| SBUX Starbucks Corp. | 0.16% | 9,775 | $761K | Add +60.9% |
| MBB iShares MBS ETF | 0.15% | 7,851 | $721K | Reduce -54.5% |
| HSY The Hershey Co. | 0.15% | 3,900 | $717K | New |
| SHV iShares 0-1 Year Treasury Bo | 0.15% | 6,438 | $711K | Reduce -0.1% |
| IVW iShares S&P 500 Growth ETF | 0.13% | 6,952 | $643K | No change |
| MRK Merck & Co. Inc. | 0.12% | 4,718 | $584K | No change |
| RTO Rentokil Initial PLC-SP ADR | 0.11% | 18,100 | $537K | New |
| ACWX iShares MSCI Acwi Ex US ETF | 0.11% | 4,755 | $534K | Add +0.0% |
| ACN Accenture PLC Class A | 0.11% | 1,755 | $532K | New |
| PFE Pfizer Inc. | 0.11% | 18,571 | $520K | Add +0.0% |
| MESA AIR GROUP INC | 0.11% | 301,270 | $515K | No change |
| VEEV Veeva Systems Inc. Class A | 0.11% | 2,800 | $512K | New |
| NVDA Nvidia Corp. | 0.10% | 3,983 | $492K | Reduce -10.3% |
| XOM Exxon Mobil Corp. | 0.10% | 4,146 | $477K | Add +12.5% |
| DD Dupont DE Nemours Inc. | 0.10% | 5,795 | $466K | No change |
| SCHG Schwab US Large-Cap Growth | 0.09% | 4,345 | $438K | New |
| VBTX Veritex Holdings Inc. | 0.09% | 20,000 | $422K | Reduce -20.0% |
| PAA Plains All Amer Pipeline LP | 0.08% | 22,288 | $398K | No change |
| KMI Kinder Morgan Inc. | 0.08% | 18,750 | $373K | Reduce -39.7% |
| DVN Devon Energy Corp. | 0.07% | 7,500 | $356K | Add +25.0% |
| FNDA Schwab Fndmntl US SM Co. ETF | 0.07% | 6,300 | $346K | New |
| VXUS Vanguard Total Intl Stock | 0.07% | 5,700 | $344K | New |
| AON Aon PLC Class A | 0.07% | 1,123 | $330K | No change |
| SU Suncor Energy Inc. | 0.07% | 8,525 | $325K | No change |
| DFAU Dimensional US Core Equity M | 0.07% | 8,627 | $323K | Add +5.8% |
| CMG Chipotle Mexican Grill Inc. | 0.07% | 5,000 | $313K | No change |
| CTVA Corteva Inc. | 0.06% | 5,767 | $311K | No change |
| DOW Dow Inc. | 0.06% | 5,795 | $307K | No change |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.06% | 1,640 | $299K | New |
| FNDC Schwab Fndmnt Intl SM Eq ETF | 0.06% | 8,550 | $297K | New |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.06% | 7,350 | $292K | Add +0.0% |
| VNOM Viper Energy Partners LP | 0.06% | 7,244 | $272K | No change |
| AVGO Broadcom Inc. | 0.06% | 167 | $268K | No change |
| CHRD Chord Energy Corp. | 0.05% | 1,508 | $253K | New |
| DFAX Dimensional World Ex US Core | 0.05% | 9,874 | $251K | No change |
| AIG American International Group | 0.05% | 3,151 | $234K | No change |
| WMB Williams Cos Inc. | 0.05% | 5,418 | $230K | Reduce -21.7% |
| CEE Central and Eastern Europe F | 0.05% | 20,928 | $223K | No change |
| CVX Chevron Corp. | 0.05% | 1,392 | $218K | No change |
| JPM JPMorgan Chase & Co. | 0.05% | 1,075 | $217K | No change |
| BSM Black Stone Minerals LP | 0.04% | 13,635 | $214K | No change |
| IWN iShares Russell 2000 Value E | 0.04% | 1,408 | $214K | No change |
Options reported separately and not counted above: STATE STR SPDR S&P 500 ETF T puts ($95.7M), SPDR SERIES TRUST puts ($6.9M), ISHARES TR puts ($1.7M).
Portfolio Sells Q1 2024 → Q2 2024
| DIS The Walt Disney Co. | Reduce -5.3% | 1.41% | −0.58 |
| AAP Advance Auto Parts Inc. | Reduce -0.1% | 0.92% | −0.42 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Sold out | 0.00% | −0.36 |
| DFUV Dimensional US Marketwide Va | Reduce -8.2% | 1.01% | −0.23 |
| MBB iShares MBS ETF | Reduce -54.5% | 0.15% | −0.21 |
| BOC Boston Omaha Corp. Class A | Sold out | 0.00% | −0.18 |
| SHY iShares 1-3 Year Treasury Bo | Sold out | 0.00% | −0.17 |
| AGG iShares Core U.S. Aggregate | Sold out | 0.00% | −0.15 |
| CSCO Cisco Systems Inc. | Reduce -0.4% | 0.90% | −0.13 |
| AMJ JPMorgan Alerian MLP Index | Sold out | 0.00% | −0.12 |
| AZO AutoZone Inc. | Reduce -0.3% | 0.76% | −0.12 |
| PGR Progressive Corp. | Reduce -0.2% | 1.26% | −0.10 |
| DSGR Distribution Solutions Group | Sold out | 0.00% | −0.09 |
| EFA iShares MSCI Eafe ETF | Reduce -4.5% | 0.46% | −0.07 |
| ERF Enerplus Corp. | Sold out | 0.00% | −0.07 |
| REEAF Ree Automotive Ltd. Class A | Sold out | 0.00% | −0.06 |
| MPLX MPLX LP | Sold out | 0.00% | −0.06 |
| HTZ Hertz Global Hldgs Inc. | Sold out | 0.00% | −0.05 |
| MSFT Microsoft Corp. | Reduce -0.2% | 2.16% | −0.05 |
| KMI Kinder Morgan Inc. | Reduce -39.7% | 0.08% | −0.05 |
| YUM Yum! Brands Inc. | Sold out | 0.00% | −0.05 |
| FOSL Fossil Group Inc. | Sold out | 0.00% | −0.05 |
| RF Regions Financial Corp. | Sold out | 0.00% | −0.05 |
| BA The Boeing Co. | Sold out | 0.00% | −0.05 |
| LLFLQ LL Flooring Holdings Inc. | Sold out | 0.00% | −0.04 |
| OESX Orion Energy Systems Inc. | Sold out | 0.00% | −0.04 |
| KRP Kimbell Royalty Partners LP | Sold out | 0.00% | −0.04 |
| CRK Comstock Resources Inc. | Sold out | 0.00% | −0.03 |
| VBTX Veritex Holdings Inc. | Reduce -20.0% | 0.09% | −0.03 |
| WWR Westwater Resources Inc. | Sold out | 0.00% | −0.03 |
| RYAN Ryan Specialty Holdings Inc. | Sold out | 0.00% | −0.02 |
| EEM iShares MSCI Emerging Market | Reduce -2.6% | 0.20% | −0.02 |
| QCOM Qualcomm Inc. | Reduce -9.4% | 0.68% | −0.01 |
| WMB Williams Cos Inc. | Reduce -21.7% | 0.05% | −0.01 |
| SHV iShares 0-1 Year Treasury Bo | Reduce -0.1% | 0.15% | −0.01 |
| URGN Urogen Pharma Ltd. | Reduce -7.4% | 0.26% | −0.01 |
| APTOSE BIOSCIENCES INC | Sold out | 0.00% | −0.01 |
| NVDA Nvidia Corp. | Reduce -10.3% | 0.10% | +0.01 |
| WMT Walmart Inc. | Reduce -0.8% | 1.22% | +0.03 |
Portfolio Buys Q1 2024 → Q2 2024
| SPY SS SPDR S&P 500 ETF Trust-US | Add +76.5% | 3.16% | +1.29 |
| ABBV Abbvie Inc. | Add +686.6% | 1.04% | +0.89 |
| DCOR Dimensional US Core Eq 1 ETF | Add +70.2% | 2.20% | +0.82 |
| HHH Howard Hughes Holdings Inc. | New | 0.67% | +0.67 |
| ABT Abbott Laboratories | Add +1125.5% | 0.72% | +0.65 |
| AVUS Avantis U.S. Equity ETF | Add +40.4% | 1.68% | +0.39 |
| DFAE Dimensional Emerging Core Eq | Add +17.4% | 3.01% | +0.35 |
| DFAI Dimensional International Co. | Add +19.7% | 3.85% | +0.29 |
| AVDE Avantis International Equity | Add +35.3% | 1.29% | +0.23 |
| AVEM Avantis Emerging Markets Eq | Add +33.8% | 0.80% | +0.18 |
| HSY The Hershey Co. | New | 0.15% | +0.15 |
| DFAT Dimensional US Target Value | Add +35.1% | 0.86% | +0.13 |
| AAPL Apple Inc. | Add +0.8% | 1.06% | +0.13 |
| RTO Rentokil Initial PLC-SP ADR | New | 0.11% | +0.11 |
| ACN Accenture PLC Class A | New | 0.11% | +0.11 |
| VEEV Veeva Systems Inc. Class A | New | 0.11% | +0.11 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +130.6% | 0.18% | +0.09 |
| SCHG Schwab US Large-Cap Growth | New | 0.09% | +0.09 |
| IVV iShares Core S&P 500 ETF | Add +82.6% | 0.17% | +0.07 |
| FNDA Schwab Fndmntl US SM Co. ETF | New | 0.07% | +0.07 |
| VXUS Vanguard Total Intl Stock | New | 0.07% | +0.07 |
| GOOG Alphabet Inc. Class C | Add +0.0% | 0.70% | +0.07 |
| ADBE Adobe Inc. | Add +10.5% | 0.61% | +0.07 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | New | 0.06% | +0.06 |
| FNDC Schwab Fndmnt Intl SM Eq ETF | New | 0.06% | +0.06 |
| V Visa Inc. Class A | Add +48.6% | 0.25% | +0.06 |
| CHRD Chord Energy Corp. | New | 0.05% | +0.05 |
| SBUX Starbucks Corp. | Add +60.9% | 0.16% | +0.03 |
| BABA Alibaba Group Holding-SP ADR | Add +11.8% | 0.92% | +0.02 |
| DVN Devon Energy Corp. | Add +25.0% | 0.07% | +0.01 |
| XOM Exxon Mobil Corp. | Add +12.5% | 0.10% | +0.00 |
| DFAU Dimensional US Core Equity M | Add +5.8% | 0.07% | −0.00 |
| BAC Bank of America Corp. | Add +0.0% | 0.06% | −0.00 |
| MLPX Global X MLP & Energy Infras | Add +4.1% | 3.21% | −0.01 |
| ACWX iShares MSCI Acwi Ex US ETF | Add +0.0% | 0.11% | −0.01 |
| PFE Pfizer Inc. | Add +0.0% | 0.11% | −0.01 |
| WFC Wells Fargo & Co. | Add +1.2% | 0.24% | −0.01 |
| KWY Kingsway Corp. | Add +2.6% | 0.22% | −0.02 |
| QUAL iShares MSCI USA Quality Fac | Add +1.4% | 0.94% | −0.03 |
| BIDU Baidu Inc. - Spon ADR | Add +10.7% | 0.39% | −0.08 |
| BUR Burford Capital Ltd. | Add +11.9% | 0.43% | −0.08 |
| PARAA Paramount Global Class B | Add +4.5% | 0.46% | −0.08 |
| VYM Vanguard High DVD Yield ETF | Add +8.3% | 3.72% | −0.09 |
| FAF First American Financial | Add +14.9% | 1.30% | −0.09 |
| EPD Enterprise Products Partners | Add +0.0% | 1.19% | −0.11 |
| HD Home Depot Inc. | Add +9.2% | 1.27% | −0.14 |
| GOVT iShares US Treasury Bond ETF | Add +3.6% | 3.40% | −0.20 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +1.8% | 2.30% | −0.24 |
| BSV Vanguard Short-Term Bond ETF | Add +3.9% | 8.19% | −0.37 |
| DFCF Dimensional Core Fixed Inc. | Add +3.2% | 6.91% | −0.44 |
Options Activity Q1 2024 → Q2 2024
| STATE STR SPDR S&P 500 ETF T | put | New | 195,000 | $95.7M |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Sold out | 135,000 | $69.1Mbefore exit |
| VYM Vanguard High DVD Yield ETF | put | Sold out | 100,000 | $10.5Mbefore exit |
| KRE SS SPDR S&P Regional Bank | put | Sold out | 225,000 | $9.4Mbefore exit |
| SPDR SERIES TRUST | put | New | 164,500 | $6.9M |
| CPRT Copart Inc. | put | Sold out | 104,500 | $5.0Mbefore exit |
| DIS The Walt Disney Co. | put | Sold out | 35,500 | $3.0Mbefore exit |
| PARAA Paramount Global Class B | call | Sold out | 180,000 | $2.7Mbefore exit |
| ISHARES TR | put | New | 38,000 | $1.7M |
| AAP Advance Auto Parts Inc. | put | Sold out | 24,200 | $1.2Mbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 124 | $675.0M | BSV, DFAI, DCOR, DFCF, QUAL |
| Q1 2026 | 117 | $609.0M | BSV, DFCF, DFAI, DCOR, QUAL |
| Q4 2025 | 120 | $614.2M | BSV, DFAI, DFCF, DCOR, DFAE |
| Q3 2025 | 121 | $562.8M | BSV, DFCF, DFAI, DCOR, DFAE |
| Q2 2025 | 118 | $542.2M | BSV, DFCF, DFAI, META, DCOR |
| Q1 2025 | 114 | $533.7M | BSV, DFCF, DFAI, META, DCOR |
| Q4 2024 | 119 | $505.0M | BSV, DFCF, META, DFAI, VYM |
| Q3 2024 | 119 | $500.0M | BSV, DFCF, DFAI, META, VYM |
| Q2 2024 | 118 | $480.4M | BSV, DFCF, META, DFAI, VYM |
| Q1 2024 | 128 | $442.3M | BSV, DFCF, META, VYM, GOVT |