SEC 13F Intelligence

Managers / Q4 2023 · view latest →

Annandale Capital, LLC

CIK 0001811739 · 2626 COLE AVENUE, SUITE 700, DALLAS, TX, 75204 · 2145235000

Reported Value
$530,476
Q4 2023
Positions
138
Filings on Record
23
2019–present window
Filed
Feb 14, 2024
original filing

Summary

Annandale Capital, LLC reported $530,476 in U.S.-listed holdings across 138 positions for Q4 2023.

Its largest position, Vanguard Bd Index Fds, represents 6.9% of the portfolio.

Compared with Q3 2023, the fund opened 21 new positions and exited 28.

Portfolio Metrics

Turnover
+17.7%
vs prior filed quarter
Top-10 Concentration
+34.3%
share of reported value
Largest Position
+6.9%
Vanguard Bd Index Fds
New / Exited
21 / 28
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’20: $120MQ4 ’20Q1 ’21: $141MQ2 ’21: $166MQ3 ’21: $166MQ3 ’21Q4 ’21: $227MQ1 ’22: $253MQ2 ’22: $253MQ2 ’22Q3 ’22: $271MQ1 ’23: $316,563Q2 ’23: $346,036Q2 ’23Q3 ’23: $401,480Q4 ’23: $530,476Q1 ’24: $543,265Q1 ’24Q2 ’24: $584,792Q3 ’24: $713,758Q4 ’24: $630,939Q4 ’24Q1 ’25: $2MQ2 ’25: $1MQ3 ’25: $6MQ3 ’25Q4 ’25: $843,087Q1 ’26: $708,835filingsflow.com

Portfolio Composition

By security type
ETP: 49.0%Common Stock: 43.9%MLP: 3.5%Other: 2.1%ADR: 0.7%Other: 0.7%
  • ETP · 49.0% · $260,036
  • Common Stock · 43.9% · $233,067
  • MLP · 3.5% · $18,718
  • Other · 2.1% · $11,376
  • ADR · 0.7% · $3,751
  • Other · 0.7% · $3,528

Quarter-over-Quarter Changes full breakdown →

vs Q3 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
DFCFDIMENSIONAL ETF TRUSTNEW+741.5K741.5K+$31,438$31,438
PARAMOUNT GLOBALNEW+390.2K390.2K+$6,846$6,846
FAFFIRST AMERN FINL CORPNEW+100.5K100.5K+$6,479$6,479
BABAALIBABA GROUP HLDG LTDNEW+48.4K48.4K+$3,751$3,751
DIMENSIONAL ETF TRUSTNEW+63.2K63.2K+$3,378$3,378
AMERICAN CENTY ETF TRNEW+39.2K39.2K+$3,195$3,195
AMERICAN CENTY ETF TRNEW+43.9K43.9K+$2,654$2,654
BURFORD CAP LTDNEW+140.0K140.0K+$2,184$2,184

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2023

37 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1DFCFDIMENSIONAL ETF TRUSTCORE FIXED INCOM · INTL CORE EQT MK · EMGR CRE EQT MNG · US MKTWIDE VALUE · US CORE EQUITY 111.87%$62,9681.81M
2VANGUARD BD INDEX FDSSHORT TRM BOND6.86%$36,375472.3K
3ISHARES TRUS TREAS BD ETF · MSCI USA QLT FCT3.58%$18,974679.6K
4ARANTERO RESOURCES CORPhistory →COM3.32%$17,590775.6K
5METAMETA PLATFORMS INChistory →CL A3.10%$16,44046.4K
6VANGUARD WHITEHALL FDSHIGH DIV YLD2.84%$15,039134.7K
7ETENERGY TRANSFER LPhistory →COM UT LTD PTN2.41%$12,761924.7K
8GLOBAL X FDSGLB X MLP ENRG I2.36%$12,494280.0K
9SPDR SER TRS&P REGL BKG2.22%$11,797225.0K
10GOOGLALPHABET INChistory →CAP STK CL A1.94%$10,28073.6K
11BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW1.79%$9,50026.6K
12MSFTMICROSOFT CORPhistory →COM1.65%$8,74023.2K
13AMZNAMAZON COM INChistory →COM1.50%$7,95952.4K
14SPDR S&P 500 ETF TRTR UNIT1.42%$7,51815.8K
15NFLXNETFLIX INChistory →COM1.22%$6,49813.3K
16DISDISNEY WALT COhistory →COM1.22%$6,49872.0K
17FAFFIRST AMERN FINL CORPhistory →COM1.22%$6,479100.5K
18MMM3M COhistory →COM1.12%$5,95254.4K
19HDHOME DEPOT INChistory →COM1.06%$5,63116.2K
20EPDENTERPRISE PRODS PARTNERS LCOM0.98%$5,195197.1K
21DGDOLLAR GEN CORP NEWCOM0.94%$4,97936.6K
22PGRPROGRESSIVE CORPCOM0.88%$4,64629.2K
23CSCOCISCO SYS INCCOM0.87%$4,61791.4K
24AAPLAPPLE INCCOM0.87%$4,61324.0K
25WMTWALMART INCCOM0.86%$4,57229.0K
26MKLMARKEL CORPCOM0.83%$4,4273.1K
27ALLEGION PLCORD SHS0.81%$4,31734.1K
28AWNADVANCE AUTO PARTS INCCOM0.80%$4,27070.0K
29SCHWSCHWAB CHARLES CORPCOM0.77%$4,11059.7K
30WRBBERKLEY W R CORPCOM0.73%$3,87954.9K
31BABAALIBABA GROUP HLDG LTDSPONSORED ADS0.71%$3,75148.4K
32GQ9SPDR GOLD TRGOLD SHS0.70%$3,70519.4K
33CPRTCOPART INCCOM0.65%$3,44670.3K
34JNJJOHNSON & JOHNSONCOM0.63%$3,32221.2K
35AMERICAN CENTY ETF TRUS EQT ETF0.60%$3,19539.2K
36AZOAUTOZONE INCCOM0.60%$3,1881.2K
37KMIKINDER MORGAN INC DELCOM0.55%$2,919165.5K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$708,835121May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$843,087127Feb 12, 202613F-HRchanges · EDGAR ↗
Q3 2025$6M124Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$1M124Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$2M127May 13, 202513F-HRchanges · EDGAR ↗
Q4 2024$630,939128Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$713,758128Nov 12, 202413F-HRchanges · EDGAR ↗
Q2 2024$584,792121Aug 15, 202413F-HRchanges · EDGAR ↗
Q1 2024$543,265135May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$530,476138Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$401,480137Nov 15, 202313F-HRchanges · EDGAR ↗
Q2 2023$346,036138Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$316,563135May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review136Feb 15, 202313F-HRchanges · EDGAR ↗
Q3 2022$271M134Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$253M127Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$253M112May 12, 202213F-HRchanges · EDGAR ↗
Q4 2021$227M112Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$166M85Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$166M84Aug 17, 202113F-HRchanges · EDGAR ↗
Q1 2021$141M70May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$120M58Feb 10, 2021RESTATEMENTchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 1 additional manager.

  • BIOS Capital Management, LP

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.