Navigating Adams Asset Advisors, LLC Q4 2022 vs. Q1 2023 13F Holdings
Ava Hoppe | 12 May, 2023
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.
Other Posts
- How Barber Financial Group's 13F Holdings Changed from Q3 2022 to Q4 2022
- Governors Lane LP Q3 2022 vs. Q4 2022 13F Holdings Comparison
- Circle Wealth Management, LLC Q4 2022 vs. Q1 2023 13F Holdings Comparison
- MUFG Fund Makes No Changes to Holdings in Morgan Stanley in Q3-Q4 2022
- The Rise and Fall of AHL Partners: A Look at Their Q3 2017 vs. Q4 2017 13F Holdings
- Shufro Rose & Co LLC Q4 2022 vs. Q1 2023 13F Holdings Comparison
- Investment Giant Bainco's Q3 vs. Q4 2020 Portfolio Holdings Analysis
- Investment Portfolio Changes: A Closer Look into JT Stratford LLC Q3 2022 vs. Q4 2022
- The Changing Landscape of Fund Holdings: Q2 2023 vs. Q3 2023
- Total Investment Management Inc: A Comparative Analysis of Q2 2023 and Q3 2023 13F Holdings