13F HOLDINGS REPORT
Adams Asset Advisors, LLC
Quarter ended Q2 2023 · Filed April 12, 2023 · Accession 0001386929-23-000003
Total Value
$746.9M
Positions
85
Other Managers
0
Confidential Omitted
No
Holdings (85)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | OCCIDENTAL PETROL CORP | 674599105 | 3,625,111 | $226.3M | 30.30% |
| 2 | CALUMET SPECIALTY PROD | 131476103 | 5,441,613 | $94.6M | 12.66% |
| 3 | DORCHESTER MINERALS LP | DMLP | 670,592 | $20.3M | 2.72% |
| 4 | OCCIDENTAL PETE CORP WTS EXP 08/03/2027 | 674599162 | 474,852 | $19.5M | 2.61% |
| 5 | APPLE INC | AAPL | 115,604 | $19.1M | 2.55% |
| 6 | ENERGY TRANSFER LP | ET-PI | 1,409,593 | $17.6M | 2.35% |
| 7 | SUNOCO LP | SUN | 300,090 | $13.2M | 1.76% |
| 8 | ABBVIE | ABBV | 74,870 | $11.9M | 1.60% |
| 9 | CHEVRON CORP | CVX | 71,610 | $11.7M | 1.56% |
| 10 | AT&T | T-PC | 606,071 | $11.7M | 1.56% |
| 11 | CUMMINS INC | CMI | 48,233 | $11.5M | 1.54% |
| 12 | KIMBERLY-CLARK CORP | KMB | 84,286 | $11.3M | 1.51% |
| 13 | AMGEN INC | AMGN | 46,041 | $11.1M | 1.49% |
| 14 | IBM CORP | INTR | 84,347 | $11.1M | 1.48% |
| 15 | INTEL CORP | INTC | 321,264 | $10.5M | 1.41% |
| 16 | KRAFT HEINZ CO | KHC | 260,929 | $10.1M | 1.35% |
| 17 | VALERO ENERGY CORP NEW | VLO | 70,611 | $9.9M | 1.32% |
| 18 | ALTRIA GROUP INC | MO | 220,152 | $9.8M | 1.32% |
| 19 | NUSTAR ENERGY LP | NU | 626,647 | $9.8M | 1.31% |
| 20 | UNIVERSAL CORP VA | UVV | 184,847 | $9.8M | 1.31% |
| 21 | PLAINS ALL AMERICAN PIPELINE LP | 726503105 | 746,648 | $9.3M | 1.25% |
| 22 | HP INC | HPQ | 305,931 | $9.0M | 1.20% |
| 23 | CISCO SYSTEMS INC | CSCO | 160,571 | $8.4M | 1.12% |
| 24 | VERIZON COMMUNICATIONS | VZ | 213,260 | $8.3M | 1.11% |
| 25 | PFIZER INC | PFE | 200,896 | $8.2M | 1.10% |
| 26 | WESTERN MIDSTREAM PARTNERS LP | WES | 303,878 | $8.0M | 1.07% |
| 27 | WALMART INC | WMT | 53,368 | $7.9M | 1.05% |
| 28 | NEWMONT COPR | NEMCL | 152,328 | $7.5M | 1.00% |
| 29 | BANK OF AMERICA | 060505104 | 260,236 | $7.4M | 1.00% |
| 30 | WELLS FARGO & CO | 949746101 | 186,766 | $7.0M | 0.93% |
| 31 | SMUCKER J M CO | 832696405 | 43,680 | $6.9M | 0.92% |
| 32 | MPLX LP | MPLXP | 189,309 | $6.5M | 0.87% |
| 33 | GOLDMAN SACHS GROUP | GSCE | 19,611 | $6.4M | 0.86% |
| 34 | ENTERPRISE PRODUCTS PPTNSLP | 293792107 | 220,333 | $5.7M | 0.76% |
| 35 | PEPSICO INC | PEP | 30,355 | $5.5M | 0.74% |
| 36 | CITIGROUP INC | C-PR | 117,395 | $5.5M | 0.74% |
| 37 | MICROSOFT CORP | MSFT | 18,613 | $5.4M | 0.72% |
| 38 | WALGREENS BOOTS ALLIANCE INC | 931427108 | 148,769 | $5.1M | 0.69% |
| 39 | PARAMOUNT GLOBAL CLASS B | 92556H206 | 215,056 | $4.8M | 0.64% |
| 40 | SUN COMMUNITIES REIT | 866674104 | 30,701 | $4.3M | 0.58% |
| 41 | WEYERHAEUSER CO COM | WY | 133,310 | $4.0M | 0.54% |
| 42 | UNITED PARCEL SERVICE | UPS | 20,422 | $4.0M | 0.53% |
| 43 | ALLIANCE RESOURCE PAR LP | ARLP | 173,063 | $3.5M | 0.47% |
| 44 | SELECT ENERGY SVCS INC | WTTR | 409,161 | $2.8M | 0.38% |
| 45 | KINDER MORGAN INC | EP-PC | 161,651 | $2.8M | 0.38% |
| 46 | BRIT AMER TOBACCO F SPONSORED ADR | 110448107 | 79,364 | $2.8M | 0.37% |
| 47 | ARCH RESOURCES INC CL A | 03940R107 | 19,743 | $2.6M | 0.35% |
| 48 | BLACKSTONE SECURED LENDING F | BX | 92,781 | $2.3M | 0.31% |
| 49 | GOLDMAN SACHS BDC INC | GSBD | 164,957 | $2.3M | 0.30% |
| 50 | FS KKR CAPITAL CORP | FSK | 119,651 | $2.2M | 0.30% |
| 51 | STARWOOD PROPERTY TRUST INC | STHO | 118,520 | $2.1M | 0.28% |
| 52 | WILLIAMS COS INC | 969457100 | 62,198 | $1.9M | 0.25% |
| 53 | MAGELLAN MIDSTREAM PARTNERSLP COMUNIT REPS | 559080106 | 34,003 | $1.8M | 0.25% |
| 54 | ALUMINA LIMITED F SPONSORED ADR | 022205108 | 445,277 | $1.8M | 0.24% |
| 55 | JOHNSON & JOHNSON | JNJ | 10,245 | $1.6M | 0.21% |
| 56 | ONEOK INC | OKE | 24,535 | $1.6M | 0.21% |
| 57 | MEDICAL PROPERTIES TRUST INC | 58463J304 | 170,029 | $1.4M | 0.19% |
| 58 | BRIGHTSPIRE CAPITAL INC | BRSP | 220,000 | $1.3M | 0.17% |
| 59 | PROCTER AND GAMBLE CO | 742718109 | 8,500 | $1.3M | 0.17% |
| 60 | EXXON MOBIL CORP | XOM | 11,516 | $1.3M | 0.17% |
| 61 | CONSOL ENERGY INC | 20854L108 | 20,300 | $1.2M | 0.16% |
| 62 | CAMDEN PROPERTY TRUSTSBI | 133131102 | 10,768 | $1.1M | 0.15% |
| 63 | NEXPOINT DIVERSIFIED REAL ES | 65340G205 | 106,300 | $1.1M | 0.15% |
| 64 | EQUITY RESIDENTIAL | EQR | 18,301 | $1.1M | 0.15% |
| 65 | RLJ LODGING TRUST | RLJ-PA | 39,532 | $990,672 | 0.13% |
| 66 | OWL ROCK CAPITAL CORP | OWL | 77,667 | $979,381 | 0.13% |
| 67 | VERTEX ENERGY INC | VERX | 90,000 | $889,200 | 0.12% |
| 68 | TARGA RESOURCES CORP | TRGP | 10,660 | $777,647 | 0.10% |
| 69 | TRINITY PETROLEUM TR | 896556107 | 10,020 | $731,460 | 0.10% |
| 70 | SUNCOKE ENERGY LP | SXC | 64,612 | $580,216 | 0.08% |
| 71 | ISHARES IBOXX INVESTMENT GRADE CORP BONDS | 464287242 | 4,845 | $531,078 | 0.07% |
| 72 | BEAVER COAL LTD LP | 074799107 | 147 | $414,099 | 0.06% |
| 73 | PEABODY ENERGY CORP | BTU | 16,000 | $409,600 | 0.05% |
| 74 | BRISTOL-MYERS SQUIBB COCOM | CELG-RI | 5,500 | $381,205 | 0.05% |
| 75 | HESS CORPORATION COM | HESM | 2,679 | $354,539 | 0.05% |
| 76 | WP CAREY INC COM | 92936U109 | 3,864 | $299,267 | 0.04% |
| 77 | FIRST FINANCIAL BANKSHARES INC | 32020R109 | 8,760 | $279,444 | 0.04% |
| 78 | GLOBAL X FDS GLBL X MLPETF | 37954Y343 | 6,599 | $274,518 | 0.04% |
| 79 | SIMON PROPERTY GROUP INC | 828806109 | 2,414 | $270,296 | 0.04% |
| 80 | RAYONIER INC | RYN | 7,007 | $233,053 | 0.03% |
| 81 | BERKSHIRE HATHAWAY INC | BRK-A | 744 | $229,725 | 0.03% |
| 82 | MARATHON OIL CORP COM | MARA | 9,102 | $218,084 | 0.03% |
| 83 | PLAINS GP HOLDINGS LP | PAGP | 15,886 | $208,424 | 0.03% |
| 84 | ENBRIDGE INC | ENNPF | 5,392 | $205,705 | 0.03% |
| 85 | NIO INC SPON ADS | NIOIF | 11,554 | $121,433 | 0.02% |