SEC 13F Intelligence

Managers / Q4 2020 · view latest →

Adams Asset Advisors, LLC

CIK 0001386929 · 10670 N. CENTRAL EXPWY, STE 470, DALLAS, TX, 75231 · 214-360-7410

Reported Value
$366M
Q4 2020
Positions
74
Filings on Record
34
2019–present window
Filed
Jan 22, 2021
original filing

Summary

Adams Asset Advisors, LLC reported $366M in U.S.-listed holdings across 74 positions for Q4 2020.

Its largest position, OXY, represents 14.8% of the portfolio.

Compared with Q3 2020, the fund opened 3 new positions and exited 1.

Portfolio Metrics

Turnover
+0.7%
vs prior filed quarter
Top-10 Concentration
+40.1%
share of reported value
Largest Position
+14.8%
Occidental Petrol
New / Exited
3 / 1
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $709MQ4 ’18Q1 ’19: $750MQ2 ’19: $648MQ3 ’19: $614MQ4 ’19: $575MQ4 ’19Q1 ’20: $250MQ2 ’20: $337MQ3 ’20: $315MQ4 ’20: $366MQ4 ’20Q1 ’21: $464MQ2 ’21: $511MQ3 ’21: $496MQ4 ’21: $549MQ4 ’21Q1 ’22: $680MQ2 ’22: $660MQ3 ’22: $645MQ4 ’22: $746MQ4 ’22Q1 ’23: $747MQ2 ’23: $685MQ3 ’23: $745MQ4 ’23: $743MQ4 ’23Q1 ’24: $773MQ2 ’24: $767MQ3 ’24: $756MQ4 ’24: $779MQ4 ’24Q1 ’25: $729MQ2 ’25: $711MQ3 ’25: $776MQ4 ’25: $760MQ4 ’25Q1 ’26: $891Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 72.4%MLP: 15.6%Other: 5.5%REIT: 4.4%ETP: 1.2%Other: 0.9%
  • Common Stock · 72.4% · $265M
  • MLP · 15.6% · $57M
  • Other · 5.5% · $20M
  • REIT · 4.4% · $16M
  • ETP · 1.2% · $4M
  • Other · 0.9% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
GBTCGRAYSCALE BITCOIN TRNEW+35.2K35.2K+$1M$1M
NIO INC SPON ADSNEW+8.7K8.7K+$426,000$426,000
RYNRAYONIER INCNEW+7.0K7.0K+$205,000$205,000
CALIFORNIA RES CORPSOLD OUT−197.0K0−$17,000$0
TRINITY PETROLEUM TRADDED+2.9K10.0K+$189,000$661,000
OXYOCCIDENTAL PETROL CORPTRIMMED−1.40M3.13M+$9M$54M
PSXPHILIPS 66 COMADDED+10.0K64.4K+$2M$5M
CSCOCISCO SYSTEMS INCADDED+23.3K154.3K+$2M$7M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2020

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1OXYOCCIDENTAL PETROL CORPhistory →COM14.83%$54M3.13M
2AAPLAPPLE INChistory →COM5.14%$19M141.7K
3CALUMET SPECIALTY PRODCOM3.90%$14M4.56M
4CATCATERPILLAR INChistory →COM2.49%$9M50.0K
5GSGOLDMAN SACHS GROUPhistory →COM2.36%$9M32.7K
6SUNSUNOCO LPhistory →COM2.34%$9M297.0K
7PFEPFIZER INChistory →COM2.32%$8M230.7K
87HPHP INChistory →COM2.31%$8M343.8K
9ABBVIECOM2.23%$8M76.2K
10DMLPDORCHESTER MINERALS LPhistory →COM2.23%$8M746.5K
11CHVCHEVRON CORPhistory →COM2.20%$8M95.3K
12CMICUMMINS INChistory →COM2.19%$8M35.2K
13INTCINTEL CORPhistory →COM2.15%$8M157.7K
14BACVERIZON COMMUNICATIONShistory →COM2.13%$8M132.6K
15IBMIBM CORPhistory →COM2.04%$7M59.4K
16SUN COMMUNITIES REITCOM2.01%$7M48.5K
17WFCWELLS FARGO & COhistory →COM1.97%$7M239.0K
18TAT&Thistory →COM1.96%$7M249.4K
19BACBANK OF AMERICAhistory →COM1.95%$7M235.2K
20WMTWALMART INChistory →COM1.94%$7M49.2K
21CSCOCISCO SYSTEMS INChistory →COM1.89%$7M154.3K
22CVSCVS HEALTH CORPhistory →COM1.86%$7M99.5K
23ETENERGY TRANSFER LPhistory →COM1.80%$7M1.07M
24HFCUSDHOLLYFRONTIER COPRhistory →COM1.77%$6M251.3K
25UVVUNIVERSAL CORP VAhistory →COM1.77%$6M133.6K
26VLOVALERO ENERGY CORP NEWhistory →COM1.75%$6M113.0K
27WYWEYERHAEUSER CO COMhistory →COM1.65%$6M180.5K
28NUSTAR ENERGY LPCOM1.49%$5M378.5K
29AMGNAMGENhistory →COM1.47%$5M23.4K
30MSFTMICROSOFT CORPhistory →COM1.38%$5M22.7K
31SJMSMUCKER J M COhistory →COM1.35%$5M42.7K
32PAAPLAINS ALL AMERICAN PIPELINE LPhistory →COM1.32%$5M585.0K
33MMM3M COMPANYhistory →COM1.31%$5M27.4K
34WESWESTERN MIDSTREAM PARTNERS LPhistory →COM1.30%$5M344.8K
35PEPPEPSICO INChistory →COM1.24%$5M30.6K
36PSXPHILIPS 66 COMhistory →COM1.23%$5M64.4K
37UPSUNITED PARCEL SERVICEhistory →COM1.13%$4M24.6K
38MPLXMPLX LPhistory →COM1.04%$4M175.6K
39KMBKIMBERLY-CLARK CORPCOM1.00%$4M27.1K
40EPDENTERPRISE PRODUCTS PPTNSLPCOM0.87%$3M161.8K
41KINDER MORGAN INCCOM0.80%$3M212.9K
42JNJJOHNSON & JOHNSONCOM0.69%$3M16.0K
43BPBP MIDSTREAM PARTNERSCOM0.68%$2M234.3K
44HSYHERSHEY COMPANYCOM0.65%$2M15.6K
45NVDANVIDIA CORPORATION COMCOM0.61%$2M4.3K
46AMZNAMAZON.COMCOM0.53%$2M600
47GOOGALPHABET INC CAP STK CLCCOM0.50%$2M1.1K
48SHELL MIDSTREAM PARTNERSCOM0.50%$2M181.3K
49METAFACEBOOK INC-CLASS ACOM0.49%$2M6.6K
50PGPROCTER AND GAMBLE COCOM0.48%$2M12.8K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$891M88Apr 27, 202613F-HRchanges · EDGAR ↗
Q4 2025$760M83Jan 15, 202613F-HRchanges · EDGAR ↗
Q3 2025$776M81Oct 9, 202513F-HRchanges · EDGAR ↗
Q2 2025$711M80Jul 8, 2025RESTATEMENTchanges · EDGAR ↗
Q1 2025$729M77Apr 21, 202513F-HRchanges · EDGAR ↗
Q4 2024$779M77Jan 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$756M75Oct 15, 202413F-HRchanges · EDGAR ↗
Q2 2024$767M73Jul 10, 202413F-HRchanges · EDGAR ↗
Q1 2024$773M77Apr 9, 202413F-HRchanges · EDGAR ↗
Q4 2023$743M75Jan 12, 202413F-HRchanges · EDGAR ↗
Q3 2023$745M77Oct 11, 202313F-HRchanges · EDGAR ↗
Q2 2023$685M82Jul 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$747M85Apr 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$746M85Jan 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$645M75Oct 12, 202213F-HRchanges · EDGAR ↗
Q2 2022$660M77Jul 13, 202213F-HRchanges · EDGAR ↗
Q1 2022$680M76Apr 20, 202213F-HRchanges · EDGAR ↗
Q4 2021$549M75Jan 12, 202213F-HRchanges · EDGAR ↗
Q3 2021$496M77Oct 13, 202113F-HRchanges · EDGAR ↗
Q2 2021$511M77Jul 14, 202113F-HRchanges · EDGAR ↗
Q1 2021$464M79Apr 14, 2021RESTATEMENTchanges · EDGAR ↗
Q4 2020$366M74Jan 22, 202113F-HRchanges · EDGAR ↗
Q3 2020$315M72Oct 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$337M74Jul 21, 202013F-HRchanges · EDGAR ↗
Q1 2020$250M75Apr 21, 2020RESTATEMENTchanges · EDGAR ↗
Q4 2019$575M79Jan 29, 202013F-HRchanges · EDGAR ↗
Q3 2019$614M90Nov 8, 201913F-HRchanges · EDGAR ↗
Q2 2019$648M102Jul 12, 201913F-HRchanges · EDGAR ↗
Q1 2019$750M96Apr 10, 201913F-HRchanges · EDGAR ↗
Q4 2018$709M86Jan 10, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.