# Adirondack Capital Advisors, LLC

> Institutional holdings reported to the SEC as of Q3 2026 on Form 13F. CIK 2107623. Source: https://holderbook.com/funds/2107623-adirondack-capital-advisors-llc/

- Reported value: $193.7M
- Positions: 45
- Weight of the ten largest: 79.7%
- Filed: 2026-10-09

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $49.1M | 64,099 | 25.3% | 4 |
| ISHARES TR | [DGRO](https://holderbook.com/stocks/DGRO/) | $29.8M | 395,056 | 15.4% | 4 |
| ISHARES TR | [HDV](https://holderbook.com/stocks/HDV/) | $15.9M | 569,916 | 8.2% | 4 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $13.7M | 58,638 | 7.1% | 4 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $11.6M | 74,944 | 6.0% | 4 |
| ISHARES TR | [IVE](https://holderbook.com/stocks/IVE/) | $8.3M | 36,546 | 4.3% | 4 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $7.8M | 54,485 | 4.0% | 4 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $6.7M | 53,115 | 3.4% | 4 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $6.0M | 8,147 | 3.1% | 4 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $5.5M | 40,283 | 2.8% | 4 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $4.7M | 9,443 | 2.4% | 4 |
| ISHARES TR | [IYJ](https://holderbook.com/stocks/IYJ/) | $3.9M | 25,435 | 2.0% | 4 |
| ISHARES TR | [OEF](https://holderbook.com/stocks/OEF/) | $3.4M | 8,777 | 1.7% | 4 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $3.3M | 8,845 | 1.7% | 4 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $3.2M | 9,590 | 1.6% | 4 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $3.0M | 42,957 | 1.6% | 4 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $2.8M | 39,098 | 1.5% | 4 |
| VANGUARD WORLD FD | [MGK](https://holderbook.com/stocks/MGK/) | $1.5M | 16,705 | 0.8% | 4 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $1.4M | 2,540 | 0.7% | 4 |
| CAPITAL ONE FINL CORP | [COF](https://holderbook.com/stocks/COF/) | $1.3M | 6,960 | 0.7% | 4 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $1.1M | 3,125 | 0.6% | 4 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $922.0K | 970 | 0.5% | 4 |
| ISHARES TR | [AOR](https://holderbook.com/stocks/AOR/) | $890.8K | 13,000 | 0.5% | 4 |
| MOTOROLA SOLUTIONS INC | [MSI](https://holderbook.com/stocks/MSI/) | $728.6K | 1,634 | 0.4% | 3 |
| ISHARES TR | [EEM](https://holderbook.com/stocks/EEM/) | $641.9K | 9,610 | 0.3% | 4 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $552.4K | 5,317 | 0.3% | 4 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $491.5K | 2,152 | 0.3% | 4 |
| ISHARES TR | [ICF](https://holderbook.com/stocks/ICF/) | $468.4K | 7,446 | 0.2% | 4 |
| INVESCO EXCHANGE TRADED FD T | [PSI](https://holderbook.com/stocks/PSI/) | $457.4K | 3,000 | 0.2% | 4 |
| ISHARES TR | [IYW](https://holderbook.com/stocks/IYW/) | $424.9K | 1,604 | 0.2% | 4 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $405.4K | 500 | 0.2% | 4 |
| ISHARES TR | [IYE](https://holderbook.com/stocks/IYE/) | $392.7K | 6,060 | 0.2% | 4 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $357.7K | 1,145 | 0.2% | 4 |
| VANGUARD INTL EQUITY INDEX F | [VEU](https://holderbook.com/stocks/VEU/) | $337.1K | 4,063 | 0.2% | 4 |
| ISHARES TR | [EFV](https://holderbook.com/stocks/EFV/) | $299.0K | 3,778 | 0.2% | 4 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $293.3K | 1,108 | 0.2% | 2 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $291.0K | 567 | 0.2% | 4 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $282.1K | 820 | 0.1% | 4 |
| VANGUARD INDEX FDS | [VXF](https://holderbook.com/stocks/VXF/) | $263.8K | 1,139 | 0.1% | 4 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $257.8K | 734 | 0.1% | 4 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $254.1K | 1,020 | 0.1% | 4 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $235.2K | 2,488 | 0.1% | 4 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $234.8K | 947 | 0.1% | 3 |
| AQUESTIVE THERAPEUTICS INC | [AQST](https://holderbook.com/stocks/AQST/) | $55.6K | 12,000 | 0.0% | 3 |
| JETBLUE AIRWAYS CORP | [JBLU](https://holderbook.com/stocks/JBLU/) | $46.5K | 11,000 | 0.0% | 4 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +11.5% | +14.8% | -3.3% | 100% |
| Q1 2026 | -1.4% | -4.6% | +3.3% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2026 | $193.7M | 45 |
| Q2 2026 | $186.5M | 45 |
| Q1 2026 | $155.7M | 44 |
| Q4 2025 | $148.7M | 42 |