ANNANDALE CAPITAL, LLC

CRD 136667File 801-64802

APPROVED

Retail clients

Custody

Filing as of Mar 31, 2026

Feed vintage Aug 17, 2026

Regulatory AUM

$1.55B

Above cohort median (national)

Discretionary AUM

$1.46B

Non-discretionary $85.8M

Clients

220

220 accounts

Employees

Top 25% of cohort in TX

Identity & registration

ADV Item 1

Organization form: Limited Liability Company
Firm type: Registered
SEC region: FWRO
Registration date: Oct 11, 2005
Principal office: 2626 COLE AVENUE, SUITE 700, DALLAS, TX, 75204
Phone: 214-523-5000
Website: HTTP://WWW.ANNANDALECAP.COM

Assets & accounts

ADV Item 5F

Total regulatory AUM: $1.55B
Discretionary AUM: $1.46B
Non-discretionary AUM: $85.8M
Discretionary accounts: 153
Non-discretionary accounts: 67
Total accounts: 220
AUM per client: $7.0M

Clients by type

ADV Item 5D

Client type	Clients	AUM
Other	Fewer than 5	$407.4M
Insurance companies	Fewer than 5	$2.4M
Charitable organizations	14	$32.5M
High net worth individuals	165	$1.09B
Pension and profit sharing plans	Fewer than 5	$7.9M
Individuals (other than high net worth individuals)	35	$13.1M

Compensation & activities

ADV Items 5E, 5G

Compensation

Fixed fees
Performance-based fees
A percentage of assets under your management

Advisory activities

Selection of other advisers
Portfolio management for other
Portfolio management for businesses
Portfolio management for individuals and/or small businesses

Custody

ADV Item 9

Firm Custody Cash: Yes
Firm Custody Assets: No
Firm Custody Clients: No
Firm Custody Securities: Yes
Related Person Custody Cash: No
Related Person Custody Assets: No
Related Person Custody Clients: No
Related Person Custody Securities: No

Disclosure events

ADV Item 11

This firm answered no to every Item 11 disclosure question in this filing.

Filed changes

Date	Field	From	To
Aug 12, 2026	Registration	—	APPROVED

Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.