Filed: 4/27/2026ACC: 0001386929-26-000004
📋 What this filing means
ADAMS ASSET ADVISORS, LLC filed this quarterly 13F‑HR report disclosing 88 equity positions with a total reported market value of $891.46M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
88
Positions
$891.46M
Total AUM (reported)
19.70M
Total Shares
Allocation by class
COM$761.91M85.5%
NASDAQ EQT PREM$60.35M6.8%
*W EXP 08/03/2027$20.09M2.3%
CL B NEW$15.79M1.8%
US DIVIDEND EQ$6.75M0.8%
COM UNT RP INT$3.50M0.4%
GLBL X MLP ETF$3.37M0.4%
Portfolio Concentration
Top 3$284.69M31.9%
4–10$170.16M19.1%
11–25$222.66M25.0%
Rest$213.95M24.0%
Top 3 weight
31.9%
Top 10 weight
51.0%
Voting Authority Distribution
Total shares with voting rights: 20.95M
Sole
Full voting authority
7.16M
shares
% of voting shares34.2%
Shared
Joint voting authority
1.25M
shares
% of voting shares6.0%
None
No voting authority
12.54M
shares
% of voting shares59.8%
Investment Discretion (by position count)
Sole88
Shared0
Other0
Dominant voting typeNone · 59.8% of voting shares
Institutional Holdings88
Rows:
CALUMET INC
SOLEShares3.20M
TypeSH
Market value$114.96M
12.90%
Sole
1.95M
Shared
1.25M
None
1.25M
OCCIDENTAL PETROL CORP
SOLEShares1.68M
TypeSH
Market value$109.38M
12.27%
Sole
779.24K
Shared
0.00
None
903.51K
J P MORGAN EXCHANGE TRADED F
SOLEShares1.09M
TypeSH
Market value$60.35M
6.77%
Sole
230.10K
Shared
0.00
None
856.96K
SUNOCO LP
SOLEShares565.82K
TypeSH
Market value$36.76M
4.12%
Sole
160K
Shared
0.00
None
405.82K
ENERGY TRANSFER LP
SOLEShares1.44M
TypeSH
Market value$27.83M
3.12%
Sole
485.04K
Shared
0.00
None
956.72K
DORCHESTER MINERALS LP
SOLEShares888.26K
TypeSH
Market value$24.07M
2.70%
Sole
135.96K
Shared
0.00
None
752.31K
NEWMONT CORP
SOLEShares198.96K
TypeSH
Market value$21.54M
2.42%
Sole
32.98K
Shared
0.00
None
165.98K
OCCIDENTAL PETE CORP WTS EXP 08/03/2027
SOLEShares468.31K
TypeSH
Market value$20.09M
2.25%
Sole
254.43K
Shared
0.00
None
213.89K
BRITISH AMER TOBACCO F SPONSORED ADR
SOLEShares343.02K
TypeSH
Market value$20.06M
2.25%
Sole
120.80K
Shared
0.00
None
222.21K
APPLE INC
SOLEShares78.07K
TypeSH
Market value$19.81M
2.22%
Sole
0.00
Shared
0.00
None
78.07K
PLAINS ALL AMERICAN PIPELINE LP
SOLEShares823.06K
TypeSH
Market value$18.38M
2.06%
Sole
189.46K
Shared
0.00
None
633.60K
CITIGROUP INC
SOLEShares149.31K
TypeSH
Market value$16.93M
1.90%
Sole
27.92K
Shared
0.00
None
121.39K
VALERO ENERGY CORP NEW
SOLEShares64.38K
TypeSH
Market value$15.91M
1.78%
Sole
10.68K
Shared
0.00
None
53.70K
BERKSHIRE HATHAWAY INC
SOLEShares32.95K
TypeSH
Market value$15.79M
1.77%
Sole
29.07K
Shared
0.00
None
3.88K
ALTRIA GROUP INC
SOLEShares235.73K
TypeSH
Market value$15.56M
1.74%
Sole
65.16K
Shared
0.00
None
170.57K
CUMMINS INC
SOLEShares28.38K
TypeSH
Market value$15.27M
1.71%
Sole
6.20K
Shared
0.00
None
22.18K
HF SINCLAIR CORP
SOLEShares243.84K
TypeSH
Market value$15.21M
1.71%
Sole
32.58K
Shared
0.00
None
211.26K
ENTERPRISE PRODUCTS PPTNSLP
SOLEShares398.77K
TypeSH
Market value$15.09M
1.69%
Sole
68K
Shared
0.00
None
330.77K
VERIZON COMMUNICATIONS
SOLEShares293.73K
TypeSH
Market value$14.75M
1.65%
Sole
81.89K
Shared
0.00
None
211.84K
CHEVRON CORP
SOLEShares68.46K
TypeSH
Market value$14.16M
1.59%
Sole
0.00
Shared
0.00
None
68.46K
WESTERN MIDSTREAM PARTNERS LP
SOLEShares342.11K
TypeSH
Market value$14.08M
1.58%
Sole
65.91K
Shared
0.00
None
276.20K
ABBVIE
SOLEShares62.91K
TypeSH
Market value$13.68M
1.53%
Sole
12.94K
Shared
0.00
None
49.97K
WELLS FARGO & CO
SOLEShares159.77K
TypeSH
Market value$12.72M
1.43%
Sole
29.45K
Shared
0.00
None
130.32K
AMGEN INC
SOLEShares35.90K
TypeSH
Market value$12.63M
1.42%
Sole
4.77K
Shared
0.00
None
31.13K
AT&T
SOLEShares431.24K
TypeSH
Market value$12.50M
1.40%
Sole
67.35K
Shared
0.00
None
363.89K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
CALUMET INCSOLE | COM | 3.20M | SH | $114.96M 12.90% | 1.95M | 1.25M | 1.25M |
OCCIDENTAL PETROL CORPSOLE | COM | 1.68M | SH | $109.38M 12.27% | 779.24K | 0.00 | 903.51K |
J P MORGAN EXCHANGE TRADED FSOLE | NASDAQ EQT PREM | 1.09M | SH | $60.35M 6.77% | 230.10K | 0.00 | 856.96K |
SUNOCO LPSOLE | COM | 565.82K | SH | $36.76M 4.12% | 160K | 0.00 | 405.82K |
ENERGY TRANSFER LPSOLE | COM | 1.44M | SH | $27.83M 3.12% | 485.04K | 0.00 | 956.72K |
DORCHESTER MINERALS LPSOLE | COM | 888.26K | SH | $24.07M 2.70% | 135.96K | 0.00 | 752.31K |
NEWMONT CORPSOLE | COM | 198.96K | SH | $21.54M 2.42% | 32.98K | 0.00 | 165.98K |
OCCIDENTAL PETE CORP WTS EXP 08/03/2027SOLE | *W EXP 08/03/2027 | 468.31K | SH | $20.09M 2.25% | 254.43K | 0.00 | 213.89K |
BRITISH AMER TOBACCO F SPONSORED ADRSOLE | COM | 343.02K | SH | $20.06M 2.25% | 120.80K | 0.00 | 222.21K |
APPLE INCSOLE | COM | 78.07K | SH | $19.81M 2.22% | 0.00 | 0.00 | 78.07K |
PLAINS ALL AMERICAN PIPELINE LPSOLE | COM | 823.06K | SH | $18.38M 2.06% | 189.46K | 0.00 | 633.60K |
CITIGROUP INCSOLE | COM | 149.31K | SH | $16.93M 1.90% | 27.92K | 0.00 | 121.39K |
VALERO ENERGY CORP NEWSOLE | COM | 64.38K | SH | $15.91M 1.78% | 10.68K | 0.00 | 53.70K |
BERKSHIRE HATHAWAY INCSOLE | CL B NEW | 32.95K | SH | $15.79M 1.77% | 29.07K | 0.00 | 3.88K |
ALTRIA GROUP INCSOLE | COM | 235.73K | SH | $15.56M 1.74% | 65.16K | 0.00 | 170.57K |
CUMMINS INCSOLE | COM | 28.38K | SH | $15.27M 1.71% | 6.20K | 0.00 | 22.18K |
HF SINCLAIR CORPSOLE | COM | 243.84K | SH | $15.21M 1.71% | 32.58K | 0.00 | 211.26K |
ENTERPRISE PRODUCTS PPTNSLPSOLE | COM | 398.77K | SH | $15.09M 1.69% | 68K | 0.00 | 330.77K |
VERIZON COMMUNICATIONSSOLE | COM | 293.73K | SH | $14.75M 1.65% | 81.89K | 0.00 | 211.84K |
CHEVRON CORPSOLE | COM | 68.46K | SH | $14.16M 1.59% | 0.00 | 0.00 | 68.46K |
WESTERN MIDSTREAM PARTNERS LPSOLE | COM | 342.11K | SH | $14.08M 1.58% | 65.91K | 0.00 | 276.20K |
ABBVIESOLE | COM | 62.91K | SH | $13.68M 1.53% | 12.94K | 0.00 | 49.97K |
WELLS FARGO & COSOLE | COM | 159.77K | SH | $12.72M 1.43% | 29.45K | 0.00 | 130.32K |
AMGEN INCSOLE | COM | 35.90K | SH | $12.63M 1.42% | 4.77K | 0.00 | 31.13K |
AT&TSOLE | COM | 431.24K | SH | $12.50M 1.40% | 67.35K | 0.00 | 363.89K |
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