Adams Asset Advisors
DALLAS, TXfiles as Adams Asset Advisors, LLC
$882m in 88 US stocks at the end of 30 June 2026. The top 10 are 47.5% of the money. It changed about 11.1% of the portfolio this quarter.
Value
$882m
Stocks
88
Top 10 share
47.5%
Turnover
11.1%
What changed this quarter
New
Bought for the first time this quarter.
- Fidus InvestmentFDUS<0.1% of the fund
Added
Bought more of a stock they already held.
- J P Morgan Exchange Traded FJEPQ9.8% of the fund+30%
- Energy Transfer L PET3.2% of the fund+2%
- Berkshire HathawayBRK-B2.9% of the fund+54%
- Dorchester Minerals L PDMLP2.6% of the fund+3%
- Western Midstream Partners LWES1.9% of the fund+10%
- Mplx LPMPLX1.4% of the fund+2%
- Kimberly-ClarkKMB1.1% of the fund+6%
- Hormel FoodsHRL0.8% of the fund+6%
- MicrosoftMSFT0.8% of the fund+3%
- W. P. CareyWPC0.7% of the fund+10%
- PepsiCoPEP0.7% of the fund+7%
- United Parcel ServiceUPS0.5% of the fund+5%
- Procter & GamblePG0.5% of the fund+42%
- RLJ Lodging TR0.5% of the fund+29%
- Markel GroupMKL0.4% of the fund+90%
- Realty IncomeO0.4% of the fund+19%
- NNN ReitNNN0.4% of the fund+27%
- Global X FDSMLPA0.4% of the fund+5%
- Starwood Property TrustSTWD0.4% of the fund+113%
- Blue Owl CapitalOWL0.3% of the fund+142%
- Golub Capital BDCGBDC0.3% of the fund+18%
- Morgan Stanley Direct Lending FundMSDL0.3% of the fund+30%
- Blue Owl CapitalOBDC0.2% of the fund+16%
- Nuveen Churchill Direct LendingNCDL0.2% of the fund+45%
- WeyerhaeuserWY0.2% of the fund+8%
Cut
Sold some of their stake.
- CalumetCLMT8.2% of the fund-37%
- UniversalUVV0.8% of the fund-6%
- AH Realty TrustAHRT0.3% of the fund-9%
- Goldman Sachs BDCGSBD0.2% of the fund-39%
- Conagra BrandsCAG0.1% of the fund-42%
- Medical Properties TrustMPT0.1% of the fund-21%
- Vaneck ETF TrustBIZD<0.1% of the fund-16%
- Johnson & JohnsonJNJ<0.1% of the fund-3%
Sold out
Sold their entire stake.
- FS KKR CapitalFSK-100%
Holdings
- J P Morgan Exchange Traded FJEPQ
- Share
- 9.8%
- Value
- $87m
- Shares
- 1,408,060
+30%
- Sunoco Lp/sunoco FINSUN
- Share
- 4.3%
- Value
- $38m
- Shares
- 565,822
Held
- Energy Transfer L PET
- Share
- 3.2%
- Value
- $28m
- Shares
- 1,473,560
+2%
- Dorchester Minerals L PDMLP
- Share
- 2.6%
- Value
- $23m
- Shares
- 910,934
+3%
- Plains ALL Amern Pipeline LPAA
- Share
- 2.1%
- Value
- $18m
- Shares
- 823,061
Held
- Western Midstream Partners LWES
- Share
- 1.9%
- Value
- $16m
- Shares
- 374,823
+10%
- Mplx LPMPLX
- Share
- 1.4%
- Value
- $12m
- Shares
- 221,452
+2%
- Occidental PeteOXY-WS
- Share
- 1.4%
- Value
- $12m
- Shares
- 468,312
Held
- Schwab Strategic TRSCHD
- Share
- 0.8%
- Value
- $7m
- Shares
- 217,242
Held
- Alliance Resource Partners LARLP
- Share
- 0.7%
- Value
- $6m
- Shares
- 259,013
Held
- RLJ Lodging TR
- Share
- 0.5%
- Value
- $4m
- Shares
- 173,571
+29%
- Delek Logistics Partners LPDKL
- Share
- 0.4%
- Value
- $4m
- Shares
- 70,288
Held
- Global X FDSMLPA
- Share
- 0.4%
- Value
- $3m
- Shares
- 65,919
+5%
- Schwab Strategic TRSCHG
- Share
- 0.2%
- Value
- $1m
- Shares
- 41,324
Held
- Ishares TRLQD
- Share
- 0.1%
- Value
- $916,097
- Shares
- 8,399
Held
- Kimbell RTY Partners LPKRP
- Share
- <0.1%
- Value
- $810,483
- Shares
- 55,780
Held
- Vaneck ETF TrustBIZD
- Share
- <0.1%
- Value
- $792,250
- Shares
- 62,579
-16%
- Global X FDSPFFD
- Share
- <0.1%
- Value
- $727,508
- Shares
- 38,925
Held
- Trinity Petroleum TRTTYP
- Share
- <0.1%
- Value
- $526,050
- Shares
- 10,020
Held
- Global Partners LPGLP
- Share
- <0.1%
- Value
- $459,377
- Shares
- 9,860
Held
- Ishares Silver TRSLV
- Share
- <0.1%
- Value
- $374,290
- Shares
- 7,000
Held
- Ishares TRDVY
- Share
- <0.1%
- Value
- $207,984
- Shares
- 1,331
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| J P Morgan Exchange Traded FJEPQ | 9.8% | $87m | 1,408,060 | +30% |
| Occidental PetroleumOXY | 9.1% | $80m | 1,650,049 | Held |
| CalumetCLMT | 8.2% | $72m | 2,006,206 | -37% |
| Sunoco Lp/sunoco FINSUN | 4.3% | $38m | 565,822 | Held |
| Energy Transfer L PET | 3.2% | $28m | 1,473,560 | +2% |
| Berkshire HathawayBRK-B | 2.9% | $25m | 50,700 | +54% |
| Dorchester Minerals L PDMLP | 2.6% | $23m | 910,934 | +3% |
| AppleAAPL | 2.6% | $23m | 78,740 | Held |
| British American Tobacco p.l.c.BTI | 2.4% | $21m | 343,016 | Held |
| CitigroupC | 2.4% | $21m | 148,294 | Held |
| CumminsCMI | 2.3% | $20m | 28,232 | Held |
| Plains ALL Amern Pipeline LPAA | 2.1% | $18m | 823,061 | Held |
| Cisco SystemsCSCO | 2.1% | $18m | 155,638 | Held |
| NewmontNEM | 2.1% | $18m | 195,064 | Held |
| HF SinclairDINO | 1.9% | $17m | 243,842 | Held |
| Altria GroupMO | 1.9% | $17m | 235,728 | Held |
| Valero EnergyVLO | 1.9% | $17m | 64,384 | Held |
| Western Midstream Partners LWES | 1.9% | $16m | 374,823 | +10% |
| AbbVieABBV | 1.8% | $16m | 62,912 | Held |
| Enterprise Products Partners L.P.EPD | 1.7% | $15m | 398,768 | Held |
| Goldman Sachs GroupGS | 1.7% | $15m | 14,407 | Held |
| Bank of AmericaBAC | 1.6% | $14m | 243,543 | Held |
| Wells Fargo & CompanyWFC | 1.5% | $13m | 159,645 | Held |
| AmgenAMGN | 1.5% | $13m | 36,046 | Held |
| Mplx LPMPLX | 1.4% | $12m | 221,452 | +2% |
| Occidental PeteOXY-WS | 1.4% | $12m | 468,312 | Held |
| Verizon CommunicationsVZ | 1.4% | $12m | 293,295 | Held |
| ChevronCVX | 1.3% | $11m | 68,368 | Held |
| Kimberly-ClarkKMB | 1.1% | $10m | 88,292 | +6% |
| AT&TT | 1.0% | $9m | 435,188 | Held |
| PfizerPFE | 0.9% | $8m | 345,049 | Held |
| Select Water SolutionsWTTR | 0.9% | $8m | 409,161 | Held |
| Hormel FoodsHRL | 0.8% | $7m | 298,796 | +6% |
| Bristol-Myers SquibbBMY | 0.8% | $7m | 125,138 | Held |
| UniversalUVV | 0.8% | $7m | 133,892 | -6% |
| Schwab Strategic TRSCHD | 0.8% | $7m | 217,242 | Held |
| MicrosoftMSFT | 0.8% | $7m | 17,877 | +3% |
| W. P. CareyWPC | 0.7% | $6m | 90,882 | +10% |
| Alliance Resource Partners LARLP | 0.7% | $6m | 259,013 | Held |
| PepsiCoPEP | 0.7% | $6m | 44,582 | +7% |
| HPHPQ | 0.6% | $6m | 251,744 | Held |
| United Parcel ServiceUPS | 0.5% | $4m | 41,801 | +5% |
| Procter & GamblePG | 0.5% | $4m | 29,909 | +42% |
| Kinder MorganKMI | 0.5% | $4m | 136,684 | Held |
| RLJ Lodging TR | 0.5% | $4m | 173,571 | +29% |
| Markel GroupMKL | 0.4% | $4m | 2,000 | +90% |
| Realty IncomeO | 0.4% | $4m | 62,414 | +19% |
| NNN ReitNNN | 0.4% | $4m | 78,933 | +27% |
| Delek Logistics Partners LPDKL | 0.4% | $4m | 70,288 | Held |
| Global X FDSMLPA | 0.4% | $3m | 65,919 | +5% |
| Starwood Property TrustSTWD | 0.4% | $3m | 202,449 | +113% |
| AH Realty TrustAHRT | 0.3% | $3m | 400,000 | -9% |
| Sun CommunitiesSUI | 0.3% | $3m | 22,270 | Held |
| Williams CompaniesWMB | 0.3% | $3m | 34,884 | Held |
| Blue Owl CapitalOWL | 0.3% | $3m | 289,496 | +142% |
| BroadcomAVGO | 0.3% | $3m | 6,703 | Held |
| EnbridgeENB | 0.3% | $3m | 46,445 | Held |
| Peabody EnergyBTU | 0.3% | $2m | 100,000 | Held |
| Golub Capital BDCGBDC | 0.3% | $2m | 177,299 | +18% |
| Morgan Stanley Direct Lending FundMSDL | 0.3% | $2m | 148,696 | +30% |
| AlphabetGOOGL | 0.3% | $2m | 6,261 | Held |
| Goldman Sachs BDCGSBD | 0.2% | $2m | 227,546 | -39% |
| Blue Owl CapitalOBDC | 0.2% | $2m | 197,655 | +16% |
| OneokOKE | 0.2% | $2m | 18,941 | Held |
| Nuveen Churchill Direct LendingNCDL | 0.2% | $2m | 132,279 | +45% |
| Plains GP Holdings LPPAGP | 0.2% | $1m | 57,753 | Held |
| WeyerhaeuserWY | 0.2% | $1m | 58,454 | +8% |
| Schwab Strategic TRSCHG | 0.2% | $1m | 41,324 | Held |
| ExxonMobil HoldingsXOM | 0.2% | $1m | 10,040 | Held |
| Kayne Anderson BDCKBDC | 0.2% | $1m | 101,163 | +397% |
| Simon Property GroupSPG | 0.1% | $1m | 5,789 | Held |
| Conagra BrandsCAG | 0.1% | $1m | 89,867 | -42% |
| Crescent Capital BDCCCAP | 0.1% | $1m | 109,828 | +38% |
| Blackstone Secured Lending FundBXSL | 0.1% | $1m | 50,169 | Held |
| Meta PlatformsMETA | 0.1% | $1m | 1,938 | Held |
| Medical Properties TrustMPT | 0.1% | $986,231 | 213,470 | -21% |
| Ishares TRLQD | 0.1% | $916,097 | 8,399 | Held |
| Kimbell RTY Partners LPKRP | <0.1% | $810,483 | 55,780 | Held |
| Vaneck ETF TrustBIZD | <0.1% | $792,250 | 62,579 | -16% |
| Hess Midstream LPHESM | <0.1% | $772,680 | 20,550 | Held |
| Global X FDSPFFD | <0.1% | $727,508 | 38,925 | Held |
| Fidus InvestmentFDUS | <0.1% | $627,765 | 32,919 | New |
| Johnson & JohnsonJNJ | <0.1% | $578,290 | 2,277 | -3% |
| Trinity Petroleum TRTTYP | <0.1% | $526,050 | 10,020 | Held |
| Global Partners LPGLP | <0.1% | $459,377 | 9,860 | Held |
| Ishares Silver TRSLV | <0.1% | $374,290 | 7,000 | Held |
| First Financial BanksharesFFIN | <0.1% | $303,096 | 8,760 | Held |
| Ishares TRDVY | <0.1% | $207,984 | 1,331 | Held |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 24.1% since 30 June 2025.
Where the money is
Energy25.3%
Financial services11.1%
Everyday goods7.6%
Technology6.3%
Health care5.1%
Industrials3.6%
Media & telecom2.8%
Real estate2.6%
Materials2.1%
Utilities1.7%
Other31.9%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.