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Portfolio (Quarterly) Guide ↗

Citadel Investment Advisory, Inc.

· CIK 0001811907
13F Portfolio $220M AUM 76 positions Filed Jul 23, 2026 EDGAR ↗ ← All Funds
Q2 2026 Q1 2026 · All 2 Added 9 Reduced 2 Exited
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 GOOG Alphabet Inc. Class C 27,430.0 $9.7M 4.40% -300.0 -1.1% $353.34
2 BAC Bank of America Financial Services 20,560.0 $1.2M 0.53% -175.0 -0.8% $57.00 +8.7%
3 United Parcel Service Inc 3,703.0 $398K 0.18% -50.0 -1.3% $107.48
4 CMCSA Comcast Communication Services 15,630.0 $384K 0.17% -400.0 -2.5% $24.57 +7.0%
5 LECO Lincoln Electric Holdings Industrials 1,221.0 $324K 0.15% -40.0 -3.2% $265.36 +1.3%
6 ESAB ESAB Corp Industrials 3,038.0 $300K 0.14% -99.0 -3.2% $98.75 -25.0%
7 KDP Keurig Dr. Pepper Consumer Defensive 7,145.0 $234K 0.11% -300.0 -4.0% $32.75 -2.6%
8 FISV Fiserv Inc Technology 3,369.0 $165K 0.07% -30.0 -0.9% $48.98 +5.5%
9 LBTYA Liberty Global cl A Communication Services 4,414.0 $50K 0.02% -1K -21.9% $11.33 -7.0%

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Financial Services 37.3%
Communication Services 14.9%
Healthcare 11.3%
Consumer Defensive 10.7%
Technology 9.8%
Industrials 9.6%
Consumer Cyclical 6.3%