Adams Asset Advisors, LLC

CIK

1386929

Location

DALLAS, TX

Portfolio Value

Small $763,511,117

Diversification

Diversified

Filing Date

Global Rank

#448 / 2,968 ▲ 1568

Top Industry

Oil & Gas E&P 13.6%

3Y Alpha vs SPY

-2.8%

Period ended 29 days ago

Filed Jul 14, 2026 · 15d

26 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+56.6%

SPY

+67.9%

Annualised alpha

-2.7%

Max drawdown

−24.5%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

77 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

10.5%

−4.0 pts

Top 5

32.0%

−7.5 pts

Top 10

46.1%

−5.6 pts

HHI

369

Diversified−168

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Energy	41.0%	$312,717,808	24
Financial Services	14.3%	$109,373,927	17
Basic Materials	11.9%	$90,482,517	2
Consumer Defensive	9.7%	$73,870,236	8
Technology	7.3%	$55,789,244	5
Healthcare	5.9%	$44,981,671	5
Real Estate	3.5%	$26,536,823	9
Communication Services	3.2%	$24,755,650	4
Industrials	3.2%	$24,628,951	2
Unclassified	0.0%	$374,290	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
OWL	Blue Owl Capital Inc.	+170,000	289,496	$2,533,090
STWD	Starwood Property Trust, Inc.	+107,272	202,449	$3,316,114
KBDC	Kayne Anderson BDC, Inc.	+80,822	101,163	$1,368,735
NCDL	Nuveen Churchill Direct Lending Corp.	+41,258	132,279	$1,642,905
MSDL	Morgan Stanley Direct Lending Fund	+34,264	148,696	$2,248,283
WES	Western Midstream Partners, LP	+32,718	374,823	$16,402,254
ET	Energy Transfer LP	+31,803	1,473,560	$28,174,467
CCAP	Crescent Capital BDC, Inc.	+30,000	109,828	$1,199,321
OBDC	Blue Owl Capital Corp	+27,954	197,655	$2,148,509
GBDC	GOLUB CAPITAL BDC, Inc.	+26,776	177,299	$2,283,611
DMLP	Dorchester Minerals, L.P.	+22,670	910,934	$23,001,083
BRK-B	Berkshire Hathaway Inc	+17,755	50,700	$25,369,773
HRL	Hormel Foods Corp /De/	+16,913	298,796	$7,416,116
NNN	Nnn REIT, Inc.	+16,719	78,933	$3,672,752
O	Realty Income Corp	+9,949	62,414	$3,867,171
PG	PROCTER & GAMBLE Co	+8,865	29,909	$4,385,855
WPC	W. P. Carey Inc.	+8,494	90,882	$6,498,063
MPLX	Mplx LP	+5,356	221,452	$12,474,391
KMB	Kimberly Clark Corp	+5,125	88,292	$9,691,812
WY	Weyerhaeuser Co	+4,141	58,454	$1,399,388
T	At&T Inc.	+3,949	435,188	$9,008,391
ARLP	Alliance Resource Partners LP	+3,616	259,013	$6,211,131
PFE	Pfizer Inc	+3,504	345,049	$8,308,779
PEP	Pepsico Inc	+2,935	44,582	$6,036,402
UPS	United Parcel Service Inc	+1,877	41,801	$4,493,607
No positions match the current search.

Trimmed

Positions the filer reduced

15 positions

Ticker	Company	Δ Shares	Shares	Value
CLMT	Calumet, Inc. /DE	−1,196,026	2,006,206	$72,263,540
GSBD	Goldman Sachs BDC, Inc.	−147,063	227,546	$2,157,136
CAG	Conagra Brands Inc.	−65,530	89,867	$1,209,609
MPT	Medical Properties Trust Inc	−57,756	213,470	$986,231
AHRT	AH Realty Trust, Inc.	−39,923	400,000	$2,832,000
OXY	Occidental Petroleum Corp /De/	−32,704	1,650,049	$80,142,879
UVV	Universal Corp /Va/	−8,191	133,892	$6,985,145
NEM	NEWMONT Corp /DE/	−3,898	195,064	$18,218,977
CSCO	Cisco Systems, Inc.	−1,510	155,638	$18,281,239
C	Citigroup Inc	−1,013	148,294	$20,755,228
VZ	Verizon Communications Inc	−434	293,295	$12,418,110
CMI	Cummins Inc	−145	28,232	$20,135,344
WFC	Wells Fargo & Company/Mn	−123	159,645	$13,193,062
CVX	Chevron Corp	−94	68,368	$11,332,679
JNJ	Johnson & Johnson	−70	2,277	$578,289
No positions match the current search.

New Positions

Positions the filer opened this quarter

1 positions

Ticker	Company	Shares	Value	Open
FDUS	FIDUS INVESTMENT Corp	32,919	$627,765
No positions match the current search.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
FSK	FS KKR Capital Corp	132,384	$1,347,669
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

77 tracked positions · $763,511,117 total · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology

Showing 1–50 of 77 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
OXY	Occidental Petroleum Corp /De/ Energy	Reduced	1,650,049	-32,704	$80,142,879	−26.7%	10.50%
CLMT	Calumet, Inc. /DE Basic Materials	Reduced	2,006,206	-1,196,026	$72,263,540	−37.1%	9.46%
SUN	Sunoco LP Energy	Held	565,822	0	$38,192,985	+3.9%	5.00%
ET	Energy Transfer LP Energy	Added	1,473,560	+31,803	$28,174,467	+1.3%	3.69%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	50,700	+17,755	$25,369,773	+60.7%	3.32%
DMLP	Dorchester Minerals, L.P. Energy	Added	910,934	+22,670	$23,001,083	−4.4%	3.01%
AAPL	Apple Inc. Technology	Added	78,740	+666	$22,784,206	+15.0%	2.98%
BTI	British American Tobacco p.l.c. Consumer Defensive	Held	343,016	0	$21,184,668	+5.6%	2.77%
C	Citigroup Inc Financial Services	Reduced	148,294	-1,013	$20,755,228	+22.6%	2.72%
CMI	Cummins Inc Industrials	Reduced	28,232	-145	$20,135,344	+31.9%	2.64%
PAA	Plains All American Pipeline LP Energy	Held	823,061	0	$18,321,337	−0.3%	2.40%
CSCO	Cisco Systems, Inc. Technology	Reduced	155,638	-1,510	$18,281,239	+49.9%	2.39%
NEM	NEWMONT Corp /DE/ Basic Materials	Reduced	195,064	-3,898	$18,218,977	−15.4%	2.39%
DINO	HF Sinclair Corp Energy	Held	243,842	0	$16,983,595	+11.6%	2.22%
MO	Altria Group, Inc. Consumer Defensive	Held	235,728	0	$16,960,629	+9.0%	2.22%
VLO	Valero Energy Corp/Tx Energy	Held	64,384	0	$16,768,168	+5.4%	2.20%
WES	Western Midstream Partners, LP Energy	Added	374,823	+32,718	$16,402,254	+16.5%	2.15%
ABBV	AbbVie Inc. Healthcare	Held	62,912	0	$15,831,175	+15.7%	2.07%
EPD	Enterprise Products Partners L.P. Energy	Held	398,768	0	$14,658,711	−2.9%	1.92%
GS	Goldman Sachs Group Inc Financial Services	Added	14,407	+265	$14,570,807	+21.8%	1.91%
BAC	Bank Of America Corp /De/ Financial Services	Held	243,543	0	$13,877,080	+16.9%	1.82%
WFC	Wells Fargo & Company/Mn Financial Services	Reduced	159,645	-123	$13,193,062	+3.7%	1.73%
AMGN	Amgen Inc Healthcare	Added	36,046	+147	$13,052,977	+3.3%	1.71%
MPLX	Mplx LP Energy	Added	221,452	+5,356	$12,474,391	+1.1%	1.63%
VZ	Verizon Communications Inc Communication Services	Reduced	293,295	-434	$12,418,110	−15.8%	1.63%
CVX	Chevron Corp Energy	Reduced	68,368	-94	$11,332,679	−20.0%	1.48%
KMB	Kimberly Clark Corp Consumer Defensive	Added	88,292	+5,125	$9,691,812	+20.8%	1.27%
T	At&T Inc. Communication Services	Added	435,188	+3,949	$9,008,391	−27.9%	1.18%
PFE	Pfizer Inc Healthcare	Added	345,049	+3,504	$8,308,779	−13.4%	1.09%
WTTR	Select Water Solutions, Inc. Energy	Held	409,161	0	$8,175,036	+30.6%	1.07%
HRL	Hormel Foods Corp /De/ Consumer Defensive	Added	298,796	+16,913	$7,416,116	+16.2%	0.97%
BMY	Bristol Myers Squibb Co Healthcare	Added	125,138	+1,844	$7,210,451	−3.6%	0.94%
UVV	Universal Corp /Va/ Consumer Defensive	Reduced	133,892	-8,191	$6,985,145	−6.7%	0.91%
MSFT	Microsoft Corp Technology	Added	17,877	+553	$6,668,478	+4.0%	0.87%
WPC	W. P. Carey Inc. Real Estate	Added	90,882	+8,494	$6,498,063	+16.1%	0.85%
ARLP	Alliance Resource Partners LP Energy	Added	259,013	+3,616	$6,211,131	−12.0%	0.81%
PEP	Pepsico Inc Consumer Defensive	Added	44,582	+2,935	$6,036,402	−6.7%	0.79%
HPQ	Hp Inc Technology	Held	251,744	0	$5,523,263	+14.2%	0.72%
UPS	United Parcel Service Inc Industrials	Added	41,801	+1,877	$4,493,607	+14.4%	0.59%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	29,909	+8,865	$4,385,855	+44.3%	0.57%
KMI	Kinder Morgan, Inc. Energy	Held	136,684	0	$4,369,787	−4.7%	0.57%
MKL	Markel Group Inc. Financial Services	Added	2,000	+950	$3,906,020	+94.4%	0.51%
O	Realty Income Corp Real Estate	Added	62,414	+9,949	$3,867,171	+20.5%	0.51%
NNN	Nnn REIT, Inc. Real Estate	Added	78,933	+16,719	$3,672,752	+40.5%	0.48%
DKL	Delek Logistics Partners, LP Energy	Held	70,288	0	$3,622,643	+3.6%	0.47%
STWD	Starwood Property Trust, Inc. Real Estate	Added	202,449	+107,272	$3,316,114	+102.3%	0.43%
AHRT	AH Realty Trust, Inc. Real Estate	Reduced	400,000	-39,923	$2,832,000	+17.0%	0.37%
SUI	Sun Communities Inc Real Estate	Held	22,270	0	$2,670,395	−4.8%	0.35%
WMB	Williams Companies, Inc. Energy	Held	34,884	0	$2,593,276	+2.1%	0.34%
OWL	Blue Owl Capital Inc. Financial Services	Added	289,496	+170,000	$2,533,090	+132.2%	0.33%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.