Navigating Adams Asset Advisors, LLC Q4 2022 vs. Q1 2023 13F Holdings

As we enter 2023, market experts are agog with what directions the investment world will turn. Many of these analysts scan quarterly filings like the 13F section, which details the holdings of top institutional investors. Among the well-followed financial players is Adams Asset Advisors, LLC. For those keen on the firm's activity, we delve into a comparative analysis of the company's Q4 2022 and Q1 2023 13F holdings.

Adams Asset Advisors, LLC: A Primer

First off, a brief on the firm. Formed in 2004, Adams Asset Advisors prides itself on offering a wide range of advisory services to individuals and institutions. Its approach to portfolio management draws on the founder's four decades of investment analysis and a methodical risk/reward management approach. The firm's headquarters are in Texas, with assets under management worth upwards of $437.5 million.

Adams Asset Advisors, LLC Q4 2022 vs. Q1 2023 13F Holdings Comparison

In Q4 2022, Adams Asset Advisors' largest holdings were OXY, CLMT, and DMLP, with 3.6 million, 5.4 million, and 670,592 shares, respectively. The three represented 17.9% of his portfolio, while in Q1 2023, the holding company maintained its lead position with 3.6 million shares but reduced the number of OXY shares to 3.6 million, representing a negative change of 1.3%. CLMT was the second-largest holding, with a static 5.4 million shares. DMLP was also unchanged from the last period, posting 670,592 shares. In dollar terms, both OXY and CLMT saw a decrease in value, standing at $226,315 and $94,575, respectively. On the other hand, the value of DMLP increased marginally to $20,312.

As for other stocks, Q1 2023 marked a substantial increase in holdings for some and a significant drop for others. Apple Inc. (AAPL), Energy Transfer LP (ET), and Cisco Systems Inc. (CSCO) all increased holdings by 26.9%, 5.1%, and 9.7%, respectively. Meanwhile, Intel Corp. (INTC), Pfizer Inc. (PFE), and Citigroup Inc. (C) reduced their shares by 7.7%, 20.4%, and 17.9%, respectively.

The Bottom Line

The year 2022 proved challenging for investors, but Adams Asset Advisors, LLC's holdings remained stable overall. The company reduced its stake in OXY but maintained its spot as the largest holding while adjusting some other positions to reflect changing performance. It's incredibly important to note that this article isn't investment advice but merely a summary of Adams Asset Advisors, LLC's 13F filing. Investors should do their analysis and due diligence before making any investment decisions.