13F HOLDINGS REPORT
Adams Asset Advisors, LLC
Quarter ended Q1 2023 · Filed January 13, 2023 · Accession 0001386929-23-000002
Total Value
$745.7M
Positions
85
Other Managers
0
Confidential Omitted
No
Holdings (85)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | OCCIDENTAL PETROL CORP | 674599105 | 3,640,111 | $229.3M | 30.75% |
| 2 | CALUMET SPECIALTY PROD | 131476103 | 5,441,613 | $91.9M | 12.32% |
| 3 | DORCHESTER MINERALS LP | DMLP | 670,592 | $20.1M | 2.69% |
| 4 | OCCIDENTAL PETE CORP WTS EXP 08/03/2027 | 674599162 | 474,852 | $19.6M | 2.63% |
| 5 | ENERGY TRANSFER LP | ET-PI | 1,409,593 | $16.7M | 2.24% |
| 6 | APPLE INC | AAPL | 115,604 | $15.0M | 2.01% |
| 7 | CHEVRON CORP | CVX | 73,816 | $13.2M | 1.78% |
| 8 | SUNOCO LP | SUN | 300,090 | $12.9M | 1.73% |
| 9 | ABBVIE | ABBV | 74,870 | $12.1M | 1.62% |
| 10 | IBM CORP | INTR | 85,761 | $12.1M | 1.62% |
| 11 | AMGEN INC | AMGN | 45,917 | $12.1M | 1.62% |
| 12 | CUMMINS INC | CMI | 49,659 | $12.0M | 1.61% |
| 13 | KIMBERLY-CLARK CORP | KMB | 84,286 | $11.4M | 1.53% |
| 14 | AT&T | T-PC | 606,071 | $11.2M | 1.50% |
| 15 | KRAFT HEINZ CO | KHC | 260,929 | $10.6M | 1.42% |
| 16 | PFIZER INC | PFE | 200,896 | $10.3M | 1.38% |
| 17 | ALTRIA GROUP INC | MO | 220,152 | $10.1M | 1.35% |
| 18 | NUSTAR ENERGY LP | NU | 626,647 | $10.0M | 1.34% |
| 19 | UNIVERSAL CORP VA | UVV | 184,847 | $9.8M | 1.31% |
| 20 | VALERO ENERGY CORP NEW | VLO | 71,855 | $9.1M | 1.22% |
| 21 | PRUDENTIAL FINL | PUKPF | 90,154 | $9.0M | 1.20% |
| 22 | PLAINS ALL AMERICAN PIPELINE LP | 726503105 | 746,648 | $8.8M | 1.18% |
| 23 | WALMART INC | WMT | 61,433 | $8.7M | 1.17% |
| 24 | VERIZON COMMUNICATIONS | VZ | 211,626 | $8.3M | 1.12% |
| 25 | INTEL CORP | INTC | 314,937 | $8.3M | 1.12% |
| 26 | HP INC | HPQ | 304,941 | $8.2M | 1.10% |
| 27 | WESTERN MIDSTREAM PARTNERS LP | WES | 303,878 | $8.2M | 1.09% |
| 28 | WELLS FARGO & CO | 949746101 | 186,766 | $7.7M | 1.03% |
| 29 | CISCO SYSTEMS INC | CSCO | 160,571 | $7.6M | 1.03% |
| 30 | NEWMONT COPR | NEMCL | 150,413 | $7.1M | 0.95% |
| 31 | SMUCKER J M CO | 832696405 | 43,680 | $6.9M | 0.93% |
| 32 | GOLDMAN SACHS GROUP | GSCE | 19,611 | $6.7M | 0.90% |
| 33 | CITIGROUP INC | C-PR | 148,216 | $6.7M | 0.90% |
| 34 | MPLX LP | MPLXP | 189,309 | $6.2M | 0.83% |
| 35 | PEPSICO INC | PEP | 30,355 | $5.5M | 0.74% |
| 36 | WALGREENS BOOTS ALLIANCE INC | 931427108 | 145,231 | $5.4M | 0.73% |
| 37 | ENTERPRISE PRODUCTS PPTNSLP | 293792107 | 220,333 | $5.3M | 0.71% |
| 38 | SUN COMMUNITIES REIT | 866674104 | 32,095 | $4.6M | 0.62% |
| 39 | MICROSOFT CORP | MSFT | 18,613 | $4.5M | 0.60% |
| 40 | WEYERHAEUSER CO COM | WY | 133,310 | $4.1M | 0.55% |
| 41 | SELECT ENERGY SVCS INC | WTTR | 409,161 | $3.8M | 0.51% |
| 42 | PARAMOUNT GLOBAL CLASS B | 92556H206 | 212,815 | $3.6M | 0.48% |
| 43 | UNITED PARCEL SERVICE | UPS | 20,422 | $3.6M | 0.48% |
| 44 | ALLIANCE RESOURCE PAR LP | ARLP | 173,063 | $3.5M | 0.47% |
| 45 | KINDER MORGAN INC | EP-PC | 192,340 | $3.5M | 0.47% |
| 46 | BRIT AMER TOBACCO F SPONSORED ADR | 110448107 | 74,297 | $3.0M | 0.40% |
| 47 | ARCH RES INC DEL CLASS A | 03940R107 | 19,743 | $2.8M | 0.38% |
| 48 | GOLDMAN SACHS BDC INC | GSBD | 152,085 | $2.1M | 0.28% |
| 49 | WILLIAMS COS INC | 969457100 | 62,261 | $2.0M | 0.27% |
| 50 | FS KKR CAPITAL CORP | FSK | 112,129 | $2.0M | 0.26% |
| 51 | BLACKSTONE SECURED LENDING F | BX | 86,004 | $1.9M | 0.26% |
| 52 | STARWOOD PROPERTY TRUST INC | STHO | 100,454 | $1.8M | 0.25% |
| 53 | JOHNSON & JOHNSON | JNJ | 10,245 | $1.8M | 0.24% |
| 54 | ALUMINA LIMITED F SPONSORED ADR | 022205108 | 445,277 | $1.8M | 0.24% |
| 55 | MAGELLAN MIDSTREAM PARTNERSLP COMUNIT REPS | 559080106 | 34,003 | $1.7M | 0.23% |
| 56 | ONEOK INC | OKE | 25,686 | $1.7M | 0.23% |
| 57 | PROCTER AND GAMBLE CO | 742718109 | 8,500 | $1.3M | 0.17% |
| 58 | EXXON MOBIL CORP | XOM | 11,516 | $1.3M | 0.17% |
| 59 | CAMDEN PROPERTY TRUSTSBI | 133131102 | 10,768 | $1.2M | 0.16% |
| 60 | NEXPOINT DIVERSIFIED REAL ES | 65340G205 | 106,300 | $1.2M | 0.16% |
| 61 | EQUITY RESIDENTIAL | EQR | 18,301 | $1.1M | 0.14% |
| 62 | CONSOL ENERGY INC | 20854L108 | 16,600 | $1.1M | 0.14% |
| 63 | BRIGHTSPIRE CAPITAL INC | BRSP | 170,000 | $1.1M | 0.14% |
| 64 | RLJ LODGING TRUST | RLJ-PA | 39,532 | $940,466 | 0.13% |
| 65 | OWL ROCK CAPITAL CORP | OWL | 77,667 | $897,054 | 0.12% |
| 66 | TARGA RESOURCES CORP | TRGP | 10,660 | $783,510 | 0.11% |
| 67 | TRINITY PETROLEUM TR | 896556107 | 10,020 | $649,797 | 0.09% |
| 68 | ENBRIDGE INC | ENNPF | 15,859 | $620,087 | 0.08% |
| 69 | VERTEX ENERGY INC | VERX | 90,000 | $558,000 | 0.07% |
| 70 | SUNCOKE ENERGY LP | SXC | 64,612 | $557,602 | 0.07% |
| 71 | ISHARES IBOXX INVESTMENT GRADE CORP BONDS | 464287242 | 5,157 | $543,720 | 0.07% |
| 72 | MEDICAL PROPERTIES TRUST INC | 58463J304 | 43,029 | $479,343 | 0.06% |
| 73 | BEAVER COAL LTD LP | 074799107 | 147 | $426,300 | 0.06% |
| 74 | BRISTOL-MYERS SQUIBB COCOM | CELG-RI | 5,500 | $395,725 | 0.05% |
| 75 | HESS CORPORATION COM | HESM | 2,679 | $379,936 | 0.05% |
| 76 | WP CAREY INC COM | 92936U109 | 3,864 | $301,972 | 0.04% |
| 77 | FIRST FINANCIAL BANKSHARES INC | 32020R109 | 8,760 | $301,344 | 0.04% |
| 78 | SIMON PROPERTY GROUP INC | 828806109 | 2,414 | $283,597 | 0.04% |
| 79 | GLOBAL X FDS GLBL X MLPETF | 37954Y343 | 6,599 | $272,473 | 0.04% |
| 80 | MARATHON OIL CORP COM | MARA | 9,102 | $246,391 | 0.03% |
| 81 | RAYONIER INC | RYN | 7,007 | $230,951 | 0.03% |
| 82 | BERKSHIRE HATHAWAY INC | BRK-A | 744 | $229,822 | 0.03% |
| 83 | MURPHY OIL COPR | MUR | 5,165 | $222,147 | 0.03% |
| 84 | PLAINS GP HOLDINGS LP | PAGP | 10,756 | $133,805 | 0.02% |
| 85 | NIO INC SPON ADS | NIOIF | 11,554 | $112,651 | 0.02% |