Adams Asset Advisors, LLC

hedge fundUpdated 58 days ago

Managed by Adams Asset Advisors, Llc • Latest filing Q2 2026

Portfolio value

$881.7M

Q2 2026

Filings

13

Quarterly 13F history

Top-10 concentration

100.0%

Weight of largest holdings

Annualized return

8.8%

Implied from 13F holdings

Portfolio value history

13F-disclosed portfolio value over 13 quarters

Show data table

Period	Portfolio value
Q2 2023	$685.2M
Q3 2023	$745.4M
Q4 2023	$743.2M
Q1 2024	$773.1M
Q2 2024	$766.8M
Q3 2024	$756.3M
Q4 2024	$779M
Q1 2025	$729.5M
Q2 2025	$729.5M
Q3 2025	$775.6M
Q4 2025	$760.1M
Q1 2026	$891.5M
Q2 2026	$881.7M

Top holdings

88 positions as of Q2 2026

#	Stock	Value	Shares	% Portfolio	Change
1	? N/A J P MORGAN EXCHANGE TRADES F	$86.5M	1.41M	9.81%	Added(+29.5%)
2	O OXY-WT OCCIDENTAL PETROL CORP	$80.1M	1.65M	9.09%	Trimmed(-1.9%)
3	? N/A CALUMET INC	$72.3M	2.01M	8.20%	Trimmed(-37.4%)
4	S SUN SUNOCO LP	$38.2M	565.8K	4.33%	Unchanged
5	E ET-PI ENERGY TRANSFER LP	$28.2M	1.47M	3.20%	Added(+2.2%)
6	B BRK-A BERKSHIRE HATHAWAY INC	$25.4M	50.7K	2.88%	Added(+53.9%)
7	? N/A DORCHESTER MINERALS LP	$23M	910.9K	2.61%	Added(+2.5%)
8	A AAPL APPLE INC	$22.8M	78.7K	2.58%	Added(+0.8%)
9	B BTAFF BRITISH AMER TOBACCO F SPONSORED ADR	$21.2M	343.0K	2.40%	Unchanged
10	C C-PR CITIGROUP INC	$20.8M	148.3K	2.35%	Trimmed(-0.7%)
11	C CMI CUMMINS INC	$20.1M	28.2K	2.28%	Trimmed(-0.5%)
12	P PAAPU PLAINS ALL AMERICAN PIPELINE LP	$18.3M	823.1K	2.08%	Unchanged
13	C CSCO CISCO SYSTEMS INC	$18.3M	155.6K	2.07%	Trimmed(-1.0%)
14	N NEMCL NEWMONT CORP	$18.2M	195.1K	2.07%	Trimmed(-2.0%)
15	D DINO HF SINCLAIR COPR	$17M	243.8K	1.93%	Unchanged
16	M MO ALTRIA GROUP INC	$17M	235.7K	1.92%	Unchanged
17	V VLO VALERO ENERGY COPR NEW	$16.8M	64.4K	1.90%	Unchanged
18	? N/A WESTERN MIDSTREAM PARTNERS LP	$16.4M	374.8K	1.86%	Added(+9.6%)
19	A ABBV ABBVIE	$15.8M	62.9K	1.80%	Unchanged
20	E EPDU ENTERPRISE PRODUCTS PPTNSLP	$14.7M	398.8K	1.66%	Unchanged

?

1.N/A

J P MORGAN EXCHANGE TRADES F

+29.5%

Value

$86.5M

Shares

1.41M

% Port

9.81%

O

OCCIDENTAL PETROL CORP

-1.9%

Value

$80.1M

Shares

1.65M

% Port

9.09%

?

3.N/A

CALUMET INC

-37.4%

Value

$72.3M

Shares

2.01M

% Port

8.20%

S

SUNOCO LP

Unchanged

Value

$38.2M

Shares

565.8K

% Port

4.33%

E

ENERGY TRANSFER LP

+2.2%

Value

$28.2M

Shares

1.47M

% Port

3.20%

B

BERKSHIRE HATHAWAY INC

+53.9%

Value

$25.4M

Shares

50.7K

% Port

2.88%

?

7.N/A

DORCHESTER MINERALS LP

+2.5%

Value

$23M

Shares

910.9K

% Port

2.61%

A

APPLE INC

+0.8%

Value

$22.8M

Shares

78.7K

% Port

2.58%

B

BRITISH AMER TOBACCO F SPONSORED ADR

Unchanged

Value

$21.2M

Shares

343.0K

% Port

2.40%

C

CITIGROUP INC

-0.7%

Value

$20.8M

Shares

148.3K

% Port

2.35%

C

11.CMI

CUMMINS INC

-0.5%

Value

$20.1M

Shares

28.2K

% Port

2.28%

P

PLAINS ALL AMERICAN PIPELINE LP

Unchanged

Value

$18.3M

Shares

823.1K

% Port

2.08%

C

CISCO SYSTEMS INC

-1.0%

Value

$18.3M

Shares

155.6K

% Port

2.07%

N

NEWMONT CORP

-2.0%

Value

$18.2M

Shares

195.1K

% Port

2.07%

D

HF SINCLAIR COPR

Unchanged

Value

$17M

Shares

243.8K

% Port

1.93%

M

16.MO

ALTRIA GROUP INC

Unchanged

Value

$17M

Shares

235.7K

% Port

1.92%

V

17.VLO

VALERO ENERGY COPR NEW

Unchanged

Value

$16.8M

Shares

64.4K

% Port

1.90%

?

18.N/A

WESTERN MIDSTREAM PARTNERS LP

+9.6%

Value

$16.4M

Shares

374.8K

% Port

1.86%

A

ABBVIE

Unchanged

Value

$15.8M

Shares

62.9K

% Port

1.80%

E

ENTERPRISE PRODUCTS PPTNSLP

Unchanged

Value

$14.7M

Shares

398.8K

% Port

1.66%

View full portfolio (88 holdings) →

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