Adams Asset Advisors, LLC — 13F Holdings & Portfolio
CIK 1386929 · latest 13F-HR filed 2026-04-27
Adams Asset Advisors, LLC manages $891.5M in 13F-reported U.S. long-equity assets across 88 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are CLMT (12.90%), OXY (12.27%), JEPQ (6.77%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 5 new positions, exited 0, added to 45, and trimmed 17.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$891.5M
Long-equity book
88
Distinct positions
2026-03-31
Filed 2026-04-27
+5 / −0 / ↑45 / ↓17
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- CALUMET INC$12.5M +12.2%
- BERKSHIRE HATHAWAY INC$12.4M +359.4%
- OCCIDENTAL PETE CORP WTS EXP 08/03/2027$11.1M +122.7%
- SUNOCO LP$6.8M +22.7%
- DORCHESTER MINERALS LP$5.9M +32.1%
Top Trims
- OCCIDENTAL PETROL CORP-$25.6M -19.0%
- WELLS FARGO & CO-$2.2M -14.6%
- BANK OF AMERICA-$1.8M -13.0%
- APPLE INC-$1.4M -6.6%
- FS KKR CAPITAL CORP-$612.9K -31.3%
New Positions
- J P MORGAN EXCHANGE TRADED F$60.4M
- MARKEL GROUP INC$2.0M
- META PLATFORMS INC CLASS A$1.1M
- KIMBELL RTY PARTNERS LP$807.1K
- ISHARES SELECT DIVIDEND ETF$201.5K
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | CALUMET INC | CLMT | 131428104 | $115.0M | 12.90% | 3,202,232 | SH |
| 2 | OCCIDENTAL PETROL CORP | OXY | 674599105 | $109.4M | 12.27% | 1,682,753 | SH |
| 3 | J P MORGAN EXCHANGE TRADED F | JEPQ | 46654Q203 | $60.4M | 6.77% | 1,087,055 | SH |
| 4 | SUNOCO LP | SUN | 86765K109 | $36.8M | 4.12% | 565,822 | SH |
| 5 | ENERGY TRANSFER LP | ET | 29273V100 | $27.8M | 3.12% | 1,441,757 | SH |
| 6 | DORCHESTER MINERALS LP | DMLP | 25820R105 | $24.1M | 2.70% | 888,264 | SH |
| 7 | NEWMONT CORP | NEM | 651639106 | $21.5M | 2.42% | 198,962 | SH |
| 8 | OCCIDENTAL PETE CORP WTS EXP 08/03/2027 | OXY.WS | 674599162 | $20.1M | 2.25% | 468,312 | SH |
| 9 | BRITISH AMER TOBACCO F SPONSORED ADR | BTI | 110448107 | $20.1M | 2.25% | 343,016 | SH |
| 10 | APPLE INC | AAPL | 037833100 | $19.8M | 2.22% | 78,074 | SH |
| 11 | PLAINS ALL AMERICAN PIPELINE LP | PAA | 726503105 | $18.4M | 2.06% | 823,061 | SH |
| 12 | CITIGROUP INC | C | 172967424 | $16.9M | 1.90% | 149,307 | SH |
| 13 | VALERO ENERGY CORP NEW | VLO | 91913Y100 | $15.9M | 1.78% | 64,384 | SH |
| 14 | BERKSHIRE HATHAWAY INC | BRK.B | 084670702 | $15.8M | 1.77% | 32,945 | SH |
| 15 | ALTRIA GROUP INC | MO | 02209S103 | $15.6M | 1.74% | 235,728 | SH |
| 16 | CUMMINS INC | CMI | 231021106 | $15.3M | 1.71% | 28,377 | SH |
| 17 | HF SINCLAIR CORP | DINO | 403949100 | $15.2M | 1.71% | 243,842 | SH |
| 18 | ENTERPRISE PRODUCTS PPTNSLP | EPD | 293792107 | $15.1M | 1.69% | 398,768 | SH |
| 19 | VERIZON COMMUNICATIONS | VZ | 92343V104 | $14.7M | 1.65% | 293,729 | SH |
| 20 | CHEVRON CORP | CVX | 166764100 | $14.2M | 1.59% | 68,462 | SH |
| 21 | WESTERN MIDSTREAM PARTNERS LP | WES | 958669103 | $14.1M | 1.58% | 342,105 | SH |
| 22 | ABBVIE | ABBV | 00287Y109 | $13.7M | 1.53% | 62,912 | SH |
| 23 | WELLS FARGO & CO | WFC | 949746101 | $12.7M | 1.43% | 159,768 | SH |
| 24 | AMGEN INC | AMGN | 031162100 | $12.6M | 1.42% | 35,899 | SH |
| 25 | AT&T | T | 00206R102 | $12.5M | 1.40% | 431,239 | SH |
| 26 | MPLX LP | MPLX | 55336V100 | $12.3M | 1.38% | 216,096 | SH |
| 27 | CISCO SYSTEMS INC | CSCO | 17275R102 | $12.2M | 1.37% | 157,148 | SH |
| 28 | GOLDMAN SACHS GROUP | GS | 38141G104 | $12.0M | 1.34% | 14,142 | SH |
| 29 | BANK OF AMERICA | BAC | 060505104 | $11.9M | 1.33% | 243,543 | SH |
| 30 | PFIZER INC | PFE | 717081103 | $9.6M | 1.08% | 341,545 | SH |
| 31 | KIMBERLY-CLARK CORP | KMB | 494368103 | $8.0M | 0.90% | 83,167 | SH |
| 32 | UNIVERSAL CORP | UVV | 913456109 | $7.5M | 0.84% | 142,083 | SH |
| 33 | BRISTOL-MYERS SQUIBB COCOM | BMY | 110122108 | $7.5M | 0.84% | 123,294 | SH |
| 34 | ALLIANCE RESOURCE PAR LP | ARLP | 01877R108 | $7.1M | 0.79% | 255,397 | SH |
| 35 | SCHWAB US DIVIDEND EQUITY ETF | SCHD | 808524797 | $6.8M | 0.76% | 220,019 | SH |
| 36 | PEPSICO INC | PEP | 713448108 | $6.5M | 0.73% | 41,647 | SH |
| 37 | MICROSOFT CORP | MSFT | 594918104 | $6.4M | 0.72% | 17,324 | SH |
| 38 | HORMEL FOODS COPR | HRL | 440452100 | $6.4M | 0.72% | 281,883 | SH |
| 39 | SELECT WATER SOLUTIONSINC CL A COM | WTTR | 81617J301 | $6.3M | 0.70% | 409,161 | SH |
| 40 | W P CAREY INC COM | WPC | 92936U109 | $5.6M | 0.63% | 82,388 | SH |
| 41 | HP INC | HPQ | 40434L105 | $4.8M | 0.54% | 251,744 | SH |
| 42 | KINDER MORGAN INC | KMI | 49456B101 | $4.6M | 0.51% | 136,684 | SH |
| 43 | UNITED PARCEL SERVICE | UPS | 911312106 | $3.9M | 0.44% | 39,924 | SH |
| 44 | DELEK LOGISTICS PARTNERS LP | DKL | 24664T103 | $3.5M | 0.39% | 70,288 | SH |
| 45 | GLOBAL X FDS GLBL X MLP ETF | MLPA | 37954Y343 | $3.4M | 0.38% | 62,536 | SH |
| 46 | GOLDMAN SACHS BDC INC | GSBD | 38147U107 | $3.3M | 0.37% | 374,609 | SH |
| 47 | PEABODY ENERGY CORP | BTU | 704551100 | $3.3M | 0.37% | 100,000 | SH |
| 48 | RLJ LODGING TRUST | RLJPA | 74965L200 | $3.3M | 0.36% | 134,902 | SH |
| 49 | REALTY INCOME COPR REIT | O | 756109104 | $3.2M | 0.36% | 52,465 | SH |
| 50 | PROCTER AND GAMBLE CO | PG | 742718109 | $3.0M | 0.34% | 21,044 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-04-27 | $891.5M | 88 | 0001386929-26-000004 |
| 2025-12-31 | 2026-01-15 | $760.1M | 83 | 0001386929-26-000001 |