Adams Diversified Equity Fund, Inc. Q2 2023 vs. Q3 2023 13F Holdings Comparison

Introduction: Analyzing the Changes in Holdings of Major Funds

In the world of finance and investment, accurate and up-to-date information is crucial. Investors need to constantly track the changes in holdings of major funds to make informed decisions about their own portfolios. The 13F filings, which are filed by institutional investment managers, provide valuable insights into the stocks that these funds are buying and selling.

In this article, we will focus on the Q2 2023 vs. Q3 2023 13F holdings comparison of Adams Diversified Equity Fund, Inc. We will analyze the significant changes in their holdings and provide insights into the potential reasons behind these changes. So, let's dive in and discover what Adams Diversified Equity Fund, Inc. has been up to.

Microsoft Corporation: A Slight Decrease in Holdings

Adams Diversified Equity Fund, Inc. had 517,700 shares of Microsoft Corporation in their portfolio in Q2 2023. However, in Q3 2023, they slightly reduced their holdings to 552,300 shares, representing a decrease of 1.1%. The value of their holdings also declined from $176,297,000 to $174,388,000.

Apple Inc.: A Significant Decrease in Holdings

In terms of Apple Inc., Adams Diversified Equity Fund, Inc. made a significant reduction in their holdings. They had 954,500 shares in Q2 2023, but by Q3 2023, their holdings shrunk to 900,400 shares, marking a substantial decrease of 16.7%. The value of their Apple Inc. holdings also dropped from $185,144,000 to $154,157,000.

Alphabet Inc. Class A: No Change in Holdings

Adams Diversified Equity Fund, Inc. maintained their holdings in Alphabet Inc. Class A at 729,300 shares in both Q2 2023 and Q3 2023. There was no change in the number of shares or the value of their holdings, which stood at $87,297,000 and $95,436,000, respectively.

NVIDIA Corporation: No Change in Holdings

Similarly, Adams Diversified Equity Fund, Inc. kept their holdings in NVIDIA Corporation unchanged. They held 166,400 shares of the company in both Q2 2023 and Q3 2023, with a constant value of $70,390,000 and $72,382,000, respectively.

Amazon.com, Inc.: A Slight Increase in Holdings

Adams Diversified Equity Fund, Inc. slightly increased their holdings in Amazon.com, Inc. from 538,100 shares in Q2 2023 to 556,400 shares in Q3 2023. This represents a marginal increase of 0.8%. The value of their holdings also rose from $70,146,000 to $70,729,000.

Adams Natural Resources Fund, Inc.: No Change in Holdings

The holdings of Adams Diversified Equity Fund, Inc. in Adams Natural Resources Fund, Inc. remained unchanged at 2,186,774 shares in both Q2 2023 and Q3 2023. The value of their holdings also remained steady at $45,528,000 and $50,558,000, respectively.

JPMorgan Chase & Co.: A Moderate Increase in Holdings

Adams Diversified Equity Fund, Inc. slightly increased their holdings in JPMorgan Chase & Co. from 313,063 shares in Q2 2023 to 329,763 shares in Q3 2023. This represents a modest increase of 5%. The value of their holdings also saw a slight rise from $45,531,000 to $47,822,000.

Visa Inc. Class A: A Modest Increase in Holdings

Similarly, Adams Diversified Equity Fund, Inc. increased their holdings in Visa Inc. Class A from 195,361 shares in Q2 2023 to 205,361 shares in Q3 2023. This corresponds to a modest increase of 1.8%. The value of their Visa Inc. Class A holdings also rose from $46,394,000 to $47,235,000.

UnitedHealth Group Incorporated: A Moderate Increase in Holdings

Adams Diversified Equity Fund, Inc. saw a moderate increase in their holdings of UnitedHealth Group Incorporated. They held 90,600 shares in Q2 2023 and retained the same number of shares in Q3 2023. However, the value of their holdings increased from $43,545,000 to $45,679,000, reflecting a 4.9% growth.

Meta Platforms, Inc. Class A: A Moderate Increase in Holdings

Adams Diversified Equity Fund, Inc. also experienced a moderate increase in their holdings of Meta Platforms, Inc. Class A. They maintained their holdings at 141,500 shares in both Q2 2023 and Q3 2023. However, the value of their holdings rose from $40,607,000 to $42,479,000, indicating a 4.6% increase.

Conclusion: Understanding the Changes in Holdings

Analyzing the changes in holdings of major funds, such as Adams Diversified Equity Fund, Inc., provides valuable insights into the investment strategies of institutional investors. While some holdings remain unchanged, others see significant increases or decreases in their positions.

In the case of Adams Diversified Equity Fund, Inc., we observed a slight decrease in their Microsoft Corporation holdings and a significant decrease in their Apple Inc. holdings. On the other hand, their holdings in Alphabet Inc. Class A and NVIDIA Corporation remained steady.

Furthermore, Adams Diversified Equity Fund, Inc. modestly increased their holdings in companies like Amazon.com, Inc., JPMorgan Chase & Co., Visa Inc. Class A, UnitedHealth Group Incorporated, and Meta Platforms, Inc. Class A.

Understanding these changes in holdings can provide valuable insights for individual investors who are looking to make decisions about their own portfolios. However, it is important to remember that these changes in holdings do not necessarily indicate the future performance of these stocks. As always, investors should conduct thorough research and consider various factors before making any investment decisions.