13F HOLDINGS REPORT
Adams Asset Advisors, LLC
Quarter ended Q3 2024 · Filed October 15, 2024 · Accession 0001386929-24-000007
Total Value
$756.3M
Positions
75
Other Managers
0
Confidential Omitted
No
Holdings (75)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | OCCIDENTAL PETROL CORP | 674599105 | 3,567,150 | $183.9M | 24.31% |
| 2 | CALUMET INC | CLMT | 5,251,160 | $93.6M | 12.37% |
| 3 | SUNOCO LP | SUN | 571,538 | $30.7M | 4.06% |
| 4 | ENERGY TRANSFER LP | ET-PI | 1,420,699 | $22.8M | 3.01% |
| 5 | APPLE INC | AAPL | 94,026 | $21.9M | 2.90% |
| 6 | DORCHESTER MINERALS LP | DMLP | 611,835 | $18.4M | 2.44% |
| 7 | BRITISH AMER TOBACCO F SPONSORED ADR | 110448107 | 393,524 | $14.4M | 1.90% |
| 8 | VERIZON COMMUNICATIONS | VZ | 317,084 | $14.2M | 1.88% |
| 9 | ABBVIE | ABBV | 71,555 | $14.1M | 1.87% |
| 10 | OCCIDENTAL PETE CORP WTS EXP 08/03/2027 | 674599162 | 468,357 | $13.9M | 1.84% |
| 11 | ALTRIA GROUP INC | MO | 272,452 | $13.9M | 1.84% |
| 12 | AT&T | T-PC | 630,075 | $13.9M | 1.83% |
| 13 | NEWMONT CORP | NEMCL | 258,393 | $13.8M | 1.83% |
| 14 | BANK OF AMERICA | 060505104 | 337,730 | $13.4M | 1.77% |
| 15 | PLAINS ALL AMERICAN PIPELINE LP | 726503105 | 762,941 | $13.3M | 1.75% |
| 16 | AMGEN INC | AMGN | 39,655 | $12.8M | 1.69% |
| 17 | WESTERN MIDSTREAM PARTNERS LP | WES | 321,642 | $12.3M | 1.63% |
| 18 | CHEVRON CORP | CVX | 80,257 | $11.8M | 1.56% |
| 19 | CITIGROUP INC | C-PR | 186,715 | $11.7M | 1.55% |
| 20 | CUMMINS INC | CMI | 34,842 | $11.3M | 1.49% |
| 21 | KIMBERLY-CLARK CORP | KMB | 79,289 | $11.3M | 1.49% |
| 22 | WELLS FARGO & CO | 949746101 | 176,833 | $10.0M | 1.32% |
| 23 | VALERO ENERGY CORP NEW | VLO | 71,116 | $9.6M | 1.27% |
| 24 | CISCO SYSTEMS INC | CSCO | 177,970 | $9.5M | 1.25% |
| 25 | MPLX LP | MPLXP | 206,720 | $9.2M | 1.22% |
| 26 | KRAFT HEINZ CO | KHC | 256,603 | $9.0M | 1.19% |
| 27 | PFIZER INC | PFE | 309,344 | $9.0M | 1.18% |
| 28 | HF SINCLAIR CORP | DINO | 193,375 | $8.6M | 1.14% |
| 29 | BRISTOL-MYERS SQUIBB COCOM | CELG-RI | 163,036 | $8.4M | 1.12% |
| 30 | ALLIANCE RESOURCE PAR LP | ARLP | 330,067 | $8.3M | 1.09% |
| 31 | HP INC | HPQ | 229,384 | $8.2M | 1.09% |
| 32 | GOLDMAN SACHS GROUP | GSCE | 16,386 | $8.1M | 1.07% |
| 33 | UNIVERSAL CORP | UVV | 151,106 | $8.0M | 1.06% |
| 34 | ENTERPRISE PRODUCTS PPTNSLP | 293792107 | 244,228 | $7.1M | 0.94% |
| 35 | CONAGRA BRANDS INC | CAG | 208,195 | $6.8M | 0.90% |
| 36 | MICROSOFT CORP | MSFT | 15,032 | $6.5M | 0.86% |
| 37 | SMUCKER J M CO | 832696405 | 38,688 | $4.7M | 0.62% |
| 38 | SELECT WATER SOLUTIONSINC CL A COM | WTTR | 409,161 | $4.6M | 0.60% |
| 39 | PEPSICO INC | PEP | 26,722 | $4.5M | 0.60% |
| 40 | KINDER MORGAN INC | EP-PC | 187,935 | $4.2M | 0.55% |
| 41 | SUN COMMUNITIES REIT | 866674104 | 22,270 | $3.0M | 0.40% |
| 42 | W P CAREY INC COM | 92936U109 | 43,126 | $2.7M | 0.36% |
| 43 | RLJ LODGING TRUST | RLJ-PA | 102,746 | $2.7M | 0.35% |
| 44 | GOLDMAN SACHS BDC INC | GSBD | 186,077 | $2.6M | 0.34% |
| 45 | FS KKR CAPITAL CORP | FSK | 129,761 | $2.6M | 0.34% |
| 46 | MEDICAL PROPERTIES TRUST INC | 58463J304 | 436,145 | $2.6M | 0.34% |
| 47 | CVR ENERGY INC | CVI | 103,540 | $2.4M | 0.32% |
| 48 | UNITED PARCEL SERVICE | UPS | 17,185 | $2.3M | 0.31% |
| 49 | ENBRIDGE INC COM | ENNPF | 48,142 | $2.0M | 0.26% |
| 50 | BLACKSTONE SECURED LENDING F | BX | 64,850 | $1.9M | 0.25% |
| 51 | ONEOK INC | OKE | 19,789 | $1.8M | 0.24% |
| 52 | WEYERHAEUSER CO COM | WY | 50,542 | $1.7M | 0.23% |
| 53 | WILLIAMS COS INC | 969457100 | 35,766 | $1.6M | 0.22% |
| 54 | ARMADA HOFFLER PROPERTIES | 04208T108 | 142,399 | $1.5M | 0.20% |
| 55 | REALTY INCOME COPR REIT | O | 19,275 | $1.2M | 0.16% |
| 56 | EXXON MOBIL CORP | XOM | 9,480 | $1.1M | 0.15% |
| 57 | STARWOOD PROPERTY TRUST INC | STHO | 49,031 | $999,252 | 0.13% |
| 58 | SIMON PROPERTY GROUP INC | 828806109 | 5,789 | $978,457 | 0.13% |
| 59 | BLUE OWL CAPITAL CORP | OWL | 65,516 | $954,568 | 0.13% |
| 60 | GOLUB CAPITAL BDC INC | 38173M102 | 62,018 | $937,092 | 0.12% |
| 61 | JOHNSON & JOHNSON | JNJ | 5,762 | $933,790 | 0.12% |
| 62 | PROCTER AND GAMBLE CO | 742718109 | 4,250 | $736,100 | 0.10% |
| 63 | TRINITY PETROLEUM TR | 896556107 | 10,020 | $731,460 | 0.10% |
| 64 | NEXPOINT DIVERSIFIED REAL ES | 65340G205 | 111,300 | $695,625 | 0.09% |
| 65 | NNN REIT INC COM | NNN | 12,481 | $605,204 | 0.08% |
| 66 | MORGAN STANLEY DIRECT LENDIN | 61774A103 | 25,000 | $494,500 | 0.07% |
| 67 | GLOBAL PARTNERS LP COMUNITS | GLP-PB | 9,860 | $459,082 | 0.06% |
| 68 | VANGUARD INDEX FUNDS S&P500 ETF USD | 922908363 | 770 | $406,335 | 0.05% |
| 69 | ISHARES IBOXX INVESTMENT GRADE CORP BONDS | 464287242 | 3,229 | $364,831 | 0.05% |
| 70 | BRIGHTSPIRE CAPITAL INC | BRSP | 63,765 | $357,084 | 0.05% |
| 71 | BERKSHIRE HATHAWAY INC | BRK-A | 744 | $342,433 | 0.05% |
| 72 | FIRST FINANCIAL BANKSHARES INC | 32020R109 | 8,760 | $324,208 | 0.04% |
| 73 | GLOBAL X FDS GLBL X MLPETF | 37954Y343 | 6,599 | $316,620 | 0.04% |
| 74 | PLAINS GP HOLDINGS LP | PAGP | 15,886 | $293,891 | 0.04% |
| 75 | RAYONIER INC | RYN | 7,007 | $225,485 | 0.03% |