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Livermore
Livermore
ZHEN

Adams Asset Advisors, LLC

SEC CIK
0001386929
Latest filing
Jul 13, 2026

Holdings in Q2 2023

Holdings as of Jun 30, 2023, filed Jul 14, 2023. Long positions only; changes compare share counts with Q1 2023.

Institution overview
Positions
82
−3 vs. Q1 2023
Portfolio value
$685.2M
−$61.7M (−8.3%) vs. Q1 2023
Filed
Jul 14, 2023
SEC
Holdings of Adams Asset Advisors, LLC in Q2 2023
SecurityClassSharesValue% of portfolioShare changeActionHistory
OXYOccidental Petroleum CorpStock3,615,111$212.6M31.0%−10,000−0.3%ReducedHistory
CLMTCalumet, Inc.UT LTD PARTNER5,441,613$86.3M12.6%00.0%UnchangedHistory
DMLPDorchester Minerals, L.P.COM UNIT612,951$18.4M2.7%−57,641−8.6%ReducedHistory
AAPLApple Inc.Stock94,321$18.3M2.7%−21,283−18.4%ReducedHistory
ETEnergy Transfer LPCOM UT LTD PTN1,409,593$17.9M2.6%00.0%UnchangedHistory
Occidental Pete Corp WT Exp 080327674599162Stock474,852$17.7M2.6%00.0%Unchanged–
SUNSunoco LPCOM UT REP LP300,090$13.1M1.9%00.0%UnchangedHistory
NSNuStar Energy L.P.UNIT COM626,647$10.7M1.6%00.0%UnchangedHistory
PAAPlains All American Pipeline LPUNIT LTD PARTN746,648$10.5M1.5%00.0%UnchangedHistory
CVXChevron CorpStock63,647$10.0M1.5%−7,963−11.1%ReducedHistory
IBMInternational Business Machines CorpStock74,614$9.98M1.5%−9,733−11.5%ReducedHistory
KMBKimberly Clark CorpStock71,214$9.83M1.4%−13,072−15.5%ReducedHistory
INTCIntel CorpStock281,138$9.40M1.4%−40,126−12.5%ReducedHistory
DINOHF Sinclair CorpCOM204,195$9.11M1.3%+204,195NewHistory
BACBank of America CorpStock313,820$9.00M1.3%+53,584+20.6%AddedHistory
CMICummins IncStock36,060$8.84M1.3%−12,173−25.2%ReducedHistory
MOAltria Group, Inc.Stock193,637$8.77M1.3%−26,515−12.0%ReducedHistory
ABBVAbbVie Inc.Stock64,862$8.74M1.3%−10,008−13.4%ReducedHistory
AMGNAmgen IncStock38,396$8.52M1.2%−7,645−16.6%ReducedHistory
TAT&T Inc.Stock532,894$8.50M1.2%−73,177−12.1%ReducedHistory
WESWestern Midstream Partners, LPCOM UNIT LP INT303,878$8.06M1.2%00.0%UnchangedHistory
KHCKraft Heinz CoStock222,655$7.90M1.2%−38,274−14.7%ReducedHistory
UVVUniversal CorpCOM156,064$7.79M1.1%−28,783−15.6%ReducedHistory
CSCOCisco Systems, Inc.Stock149,932$7.76M1.1%−10,639−6.6%ReducedHistory
VLOValero Energy CorpStock65,669$7.70M1.1%−4,942−7.0%ReducedHistory
VZVerizon Communications IncStock199,432$7.42M1.1%−13,828−6.5%ReducedHistory
HPQHP IncStock231,583$7.11M1.0%−74,348−24.3%ReducedHistory
WFCWells Fargo & CompanyStock160,516$6.85M1.0%−26,250−14.1%ReducedHistory
PFEPfizer IncStock185,888$6.82M1.0%−15,008−7.5%ReducedHistory
MPLXMPLX LPCOM UNIT REP LTD189,309$6.43M0.9%00.0%UnchangedHistory
NEMNEWMONT CorpStock137,584$5.87M0.9%−14,744−9.7%ReducedHistory
SJMJ M SMUCKER CoStock39,617$5.85M0.9%−4,063−9.3%ReducedHistory
EPDEnterprise Products Partners L.P.Stock220,333$5.81M0.8%00.0%UnchangedHistory
CCitigroup IncStock122,245$5.63M0.8%+4,850+4.1%AddedHistory
BTIBritish American Tobacco p.l.c.SPONSORED ADR162,871$5.41M0.8%+83,507+105.2%AddedHistory
GSGoldman Sachs Group IncStock16,731$5.40M0.8%−2,880−14.7%ReducedHistory
MSFTMicrosoft CorpStock15,177$5.17M0.8%−3,436−18.5%ReducedHistory
ARLPAlliance Resource Partners LPStock275,874$5.10M0.7%+102,811+59.4%AddedHistory
PEPPepsiCo IncStock26,722$4.95M0.7%−3,633−12.0%ReducedHistory
WBAWalgreens Boots Alliance, Inc.COM137,783$3.93M0.6%−10,986−7.4%ReducedHistory
WYWeyerhaeuser CoCOM NEW106,351$3.56M0.5%−26,959−20.2%ReducedHistory
SUISun Communities IncCOM26,612$3.47M0.5%−4,089−13.3%ReducedHistory
WTTRSelect Water Solutions, Inc.CL A COM409,161$3.31M0.5%00.0%UnchangedHistory
UPSUnited Parcel Service IncStock17,796$3.19M0.5%−2,626−12.9%ReducedHistory
KMIKinder Morgan, Inc.Stock161,651$2.78M0.4%00.0%UnchangedHistory
BXSLBlackstone Secured Lending FundCOMMON STOCK94,350$2.58M0.4%+1,569+1.7%AddedHistory
GSBDGoldman Sachs BDC, Inc.SHS180,927$2.51M0.4%+15,970+9.7%AddedHistory
STWDStarwood Property Trust, Inc.COM128,897$2.50M0.4%+10,377+8.8%AddedHistory
FSKFS KKR Capital CorpCOM124,786$2.39M0.3%+5,135+4.3%AddedHistory
ARCHArch Resources, Inc.CL A19,743$2.23M0.3%00.0%UnchangedHistory
Alumina Limited Sponsored ADR022205108ADR445,277$1.63M0.2%00.0%Unchanged–
MPTMedical Properties Trust IncCOM173,839$1.61M0.2%+3,810+2.2%AddedHistory
BRSPBrightSpire Capital, Inc.COM CL A220,000$1.48M0.2%00.0%UnchangedHistory
WMBWilliams Companies, Inc.COM45,078$1.47M0.2%−17,120−27.5%ReducedHistory
OKEONEOK IncCOM23,033$1.42M0.2%−1,502−6.1%ReducedHistory
CNRCore Natural Resources, Inc.COM20,300$1.38M0.2%00.0%UnchangedHistory
NXDTNexpoint Diversified Real Estate TrustCOM NEW106,300$1.33M0.2%00.0%UnchangedHistory
VMRKVivmark ResidentialSH BEN INT18,301$1.21M0.2%00.0%UnchangedHistory
CPTCamden Property TrustREIT10,768$1.17M0.2%00.0%UnchangedHistory
OBDCBlue Owl Capital CorpCOM77,667$1.04M0.2%00.0%UnchangedHistory
XOMExxonMobil Holdings CorpCOM9,480$1.02M0.1%−2,036−17.7%ReducedHistory
RLJ.PARLJ Lodging TrustCUM CONV PFD A39,532$952.3K0.1%00.0%UnchangedHistory
JNJJohnson & JohnsonStock5,692$942.1K0.1%−4,553−44.4%ReducedHistory
Trinity Petroleum Tr896556107COM10,020$711.4K0.1%00.0%Unchanged–
PGProcter & Gamble CoStock4,250$644.9K0.1%−4,250−50.0%ReducedHistory
BTUPeabody Energy CorpCOM26,000$563.2K0.1%+10,000+62.5%AddedHistory
VTNRVertex Energy Inc.COM90,000$562.5K0.1%00.0%UnchangedHistory
SXCSunCoke Energy, Inc.COM64,612$508.5K0.1%00.0%UnchangedHistory
iShares Iboxx $ Investment Grade Corporate Bond ETF464287242ETF4,355$471.0K0.1%−490−10.1%Reduced–
SPGSimon Property Group Inc.REIT3,629$419.1K0.1%+1,215+50.3%AddedHistory
HESHess CorpStock2,679$364.2K0.1%00.0%UnchangedHistory
BMYBristol Myers Squibb CoStock5,500$351.7K0.1%00.0%UnchangedHistory
WPCW. P. Carey Inc.COM5,045$340.8K<0.1%+1,181+30.6%AddedHistory
Global X FDS37954Y343GLBL X MLP ETF6,599$283.3K<0.1%00.0%Unchanged–
BRK.BBerkshire Hathaway IncStock744$253.7K<0.1%00.0%UnchangedHistory
FFINFirst Financial Bankshares IncCOM8,760$249.6K<0.1%00.0%UnchangedHistory
PAGPPlains GP Holdings LPLTD PARTNR INT A15,886$235.6K<0.1%00.0%UnchangedHistory
RYNRayonier IncCOM7,007$220.0K<0.1%00.0%UnchangedHistory
MROMarathon Oil CorpCOM9,102$209.5K<0.1%00.0%UnchangedHistory
ENBEnbridge IncStock5,392$200.3K<0.1%00.0%UnchangedHistory
PDMPiedmont Realty Trust, Inc.COM CL A15,444$112.3K<0.1%+15,444NewHistory
NIONIO Inc.ADR11,554$112.0K<0.1%00.0%UnchangedHistory

Sold out since Q1 2023 (5)

Positions held at the end of Q1 2023 that are gone from this filing.

Positions of Adams Asset Advisors, LLC sold out since Q1 2023
SecurityClassShares in Q1 2023Value in Q1 2023% of portfolio in Q1 2023History
WMTWalmart Inc.Stock53,368$7.87M1.1%History
Paramount Global92556H206CL B215,056$4.80M0.6%–
MMPMagellan Midstream Partners, L.P.COM UNIT RP LP34,003$1.85M0.2%History
TRGPTarga Resources Corp.COM10,660$777.6K0.1%History
Beaver Coal Co, Ltd PRTNSH074799107COMMON147$414.1K0.1%–