13F HOLDINGS REPORT
Adams Asset Advisors, LLC
Quarter ended Q4 2024 · Filed January 13, 2025 · Accession 0001386929-25-000001
Total Value
$779.0M
Positions
77
Other Managers
0
Confidential Omitted
No
Holdings (77)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | OCCIDENTAL PETROL CORP | 674599105 | 3,533,118 | $174.6M | 22.41% |
| 2 | CALUMET INC | CLMT | 5,251,160 | $115.6M | 14.84% |
| 3 | SUNOCO LP | SUN | 571,538 | $29.4M | 3.77% |
| 4 | ENERGY TRANSFER LP | ET-PI | 1,420,699 | $27.8M | 3.57% |
| 5 | APPLE INC | AAPL | 94,026 | $23.5M | 3.02% |
| 6 | DORCHESTER MINERALS LP | DMLP | 611,835 | $20.4M | 2.62% |
| 7 | BRITISH AMER TOBACCO F SPONSORED ADR | 110448107 | 410,516 | $14.9M | 1.91% |
| 8 | AT&T | T-PC | 628,928 | $14.3M | 1.84% |
| 9 | ALTRIA GROUP INC | MO | 272,452 | $14.2M | 1.83% |
| 10 | BANK OF AMERICA | 060505104 | 307,060 | $13.5M | 1.73% |
| 11 | PLAINS ALL AMERICAN PIPELINE LP | 726503105 | 767,558 | $13.1M | 1.68% |
| 12 | OCCIDENTAL PETE CORP WTS EXP 08/03/2027 | 674599162 | 468,357 | $12.9M | 1.66% |
| 13 | VERIZON COMMUNICATIONS | VZ | 317,084 | $12.7M | 1.63% |
| 14 | ABBVIE | ABBV | 70,555 | $12.5M | 1.61% |
| 15 | WESTERN MIDSTREAM PARTNERS LP | WES | 323,781 | $12.4M | 1.60% |
| 16 | WELLS FARGO & CO | 949746101 | 175,889 | $12.4M | 1.59% |
| 17 | CITIGROUP INC | C-PR | 175,116 | $12.3M | 1.58% |
| 18 | CHEVRON CORP | CVX | 80,257 | $11.6M | 1.49% |
| 19 | CISCO SYSTEMS INC | CSCO | 177,970 | $10.5M | 1.35% |
| 20 | KIMBERLY-CLARK CORP | KMB | 80,117 | $10.5M | 1.35% |
| 21 | AMGEN INC | AMGN | 39,655 | $10.3M | 1.33% |
| 22 | CUMMINS INC | CMI | 29,281 | $10.2M | 1.31% |
| 23 | MPLX LP | MPLXP | 206,720 | $9.9M | 1.27% |
| 24 | KRAFT HEINZ CO | KHC | 316,577 | $9.7M | 1.25% |
| 25 | NEWMONT CORP | NEMCL | 256,626 | $9.6M | 1.23% |
| 26 | BRISTOL-MYERS SQUIBB COCOM | CELG-RI | 163,207 | $9.2M | 1.19% |
| 27 | PFIZER INC | PFE | 342,146 | $9.1M | 1.17% |
| 28 | HF SINCLAIR CORP | DINO | 252,356 | $8.8M | 1.14% |
| 29 | VALERO ENERGY CORP NEW | VLO | 71,703 | $8.8M | 1.13% |
| 30 | ALLIANCE RESOURCE PAR LP | ARLP | 330,067 | $8.7M | 1.11% |
| 31 | GOLDMAN SACHS GROUP | GSCE | 15,152 | $8.7M | 1.11% |
| 32 | UNIVERSAL CORP | UVV | 151,106 | $8.3M | 1.06% |
| 33 | ENTERPRISE PRODUCTS PPTNSLP | 293792107 | 244,228 | $7.7M | 0.98% |
| 34 | HP INC | HPQ | 229,384 | $7.5M | 0.96% |
| 35 | MICROSOFT CORP | MSFT | 14,960 | $6.3M | 0.81% |
| 36 | CONAGRA BRANDS INC | CAG | 211,363 | $5.9M | 0.75% |
| 37 | SELECT WATER SOLUTIONSINC CL A COM | WTTR | 409,161 | $5.4M | 0.70% |
| 38 | KINDER MORGAN INC | EP-PC | 187,935 | $5.1M | 0.66% |
| 39 | UNITED PARCEL SERVICE | UPS | 40,769 | $5.1M | 0.66% |
| 40 | PEPSICO INC | PEP | 26,722 | $4.1M | 0.52% |
| 41 | W P CAREY INC COM | 92936U109 | 59,666 | $3.3M | 0.42% |
| 42 | GOLDMAN SACHS BDC INC | GSBD | 262,334 | $3.2M | 0.41% |
| 43 | FS KKR CAPITAL CORP | FSK | 132,626 | $2.9M | 0.37% |
| 44 | SUN COMMUNITIES REIT | 866674104 | 22,270 | $2.7M | 0.35% |
| 45 | RLJ LODGING TRUST | RLJ-PA | 105,896 | $2.6M | 0.33% |
| 46 | DELEK LOGISTICS PARTNERS LP | DKL | 60,187 | $2.5M | 0.33% |
| 47 | BLACKSTONE SECURED LENDING F | BX | 64,850 | $2.1M | 0.27% |
| 48 | ENBRIDGE INC COM | ENNPF | 48,142 | $2.0M | 0.26% |
| 49 | ARMADA HOFFLER PROPERTIES | 04208T108 | 195,080 | $2.0M | 0.26% |
| 50 | ONEOK INC | OKE | 19,789 | $2.0M | 0.26% |
| 51 | MEDICAL PROPERTIES TRUST INC | 58463J304 | 496,226 | $2.0M | 0.25% |
| 52 | CVR ENERGY INC | CVI | 103,540 | $1.9M | 0.25% |
| 53 | WILLIAMS COS INC | 969457100 | 35,766 | $1.9M | 0.25% |
| 54 | STAR BULK CARRIERS COPR | SBLK | 100,000 | $1.5M | 0.19% |
| 55 | STARWOOD PROPERTY TRUST INC | STHO | 78,634 | $1.5M | 0.19% |
| 56 | WEYERHAEUSER CO COM | WY | 50,542 | $1.4M | 0.18% |
| 57 | PEABODY ENERGY CORP | BTU | 65,000 | $1.4M | 0.17% |
| 58 | MORGAN STANLEY DIRECT LENDIN | 61774A103 | 62,992 | $1.3M | 0.17% |
| 59 | REALTY INCOME COPR REIT | O | 23,407 | $1.3M | 0.16% |
| 60 | GOLUB CAPITAL BDC INC | 38173M102 | 80,190 | $1.2M | 0.16% |
| 61 | PLYMOUTH INDUSTRIAL REIT INC | 729640102 | 60,000 | $1.1M | 0.14% |
| 62 | BLUE OWL CAPITAL CORP | OWL | 69,555 | $1.1M | 0.14% |
| 63 | EXXON MOBIL CORP | XOM | 9,480 | $1.0M | 0.13% |
| 64 | SIMON PROPERTY GROUP INC | 828806109 | 5,789 | $996,924 | 0.13% |
| 65 | JOHNSON & JOHNSON | JNJ | 5,762 | $833,300 | 0.11% |
| 66 | PROCTER AND GAMBLE CO | 742718109 | 4,250 | $712,512 | 0.09% |
| 67 | TRINITY PETROLEUM TR | 896556107 | 10,020 | $681,360 | 0.09% |
| 68 | NEXPOINT DIVERSIFIED REAL ES | 65340G205 | 111,300 | $678,930 | 0.09% |
| 69 | NUVEEN CHURCHILL DIRECT LEND | 67090S108 | 31,012 | $520,381 | 0.07% |
| 70 | NNN REIT INC COM | NNN | 12,481 | $509,849 | 0.07% |
| 71 | GLOBAL PARTNERS LP COMUNITS | GLP-PB | 9,860 | $458,983 | 0.06% |
| 72 | VANGUARD INDEX FUNDS S&P500 ETF USD | 922908363 | 770 | $414,914 | 0.05% |
| 73 | ISHARES IBOXX INVESTMENT GRADE CORP BONDS | 464287242 | 3,229 | $345,004 | 0.04% |
| 74 | BERKSHIRE HATHAWAY INC | BRK-A | 744 | $337,240 | 0.04% |
| 75 | GLOBAL X FDS GLBL X MLPETF | 37954Y343 | 6,599 | $326,057 | 0.04% |
| 76 | FIRST FINANCIAL BANKSHARES INC | 32020R109 | 8,760 | $315,798 | 0.04% |
| 77 | PLAINS GP HOLDINGS LP | PAGP | 15,886 | $291,985 | 0.04% |