Vault-13

ADAMS DIVERSIFIED EQUITY FD ADX

COM · Closed-End Fund · CUSIP 006212104

Publicly traded diversified equity fund

162 institutional holders +0 vs Q1 2024
34,445,70834.4m shares reported held*
$737.8mreported value*
13 new 45 added 49 reduced 14 sold out net sold ≈ $57.0m (-2.7m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $21.42.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 152Q4 22: 167Q1 23: 159Q2 23: 166Q3 23: 156Q4 23: 160Q1 24: 162Q2 24: 162162Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022152
Q4 2022167
Q1 2023159
Q2 2023166
Q3 2023156
Q4 2023160
Q1 2024162
Q2 2024162

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q4 22: 95 bought or addedQ4 22: 42 cut or sold outQ4 22Q1 23: 63 bought or addedQ1 23: 73 cut or sold outQ2 23: 61 bought or addedQ2 23: 55 cut or sold outQ2 23Q3 23: 51 bought or addedQ3 23: 75 cut or sold outQ4 23: 70 bought or addedQ4 23: 42 cut or sold outQ4 23Q1 24: 69 bought or addedQ1 24: 59 cut or sold outQ2 24: 58 bought or addedQ2 24: 63 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20229542
Q1 20236373
Q2 20236155
Q3 20235175
Q4 20237042
Q1 20246959
Q2 20245863

Biggest buyers

Saba Capital Management, L.P. Added +1,768,679+1.8m
Atlas Wealth LLC New +1,372,873+1.4m
ROYAL BANK OF CANADA Added +232,701+232.7k
JONES ROAD CAPITAL MANAGEMENT, L.P. Added +111,109+111.1k
DELTA CAPITAL MANAGEMENT LLC New +105,476+105.5k
Thrivent Financial for Lutherans New +99,262+99.3k
Providence Wealth Advisors, LLC New +98,953+99.0k
MILLENNIUM MANAGEMENT LLC New +76,761+76.8k
COHEN & STEERS, INC. Added +76,000+76.0k
RAYMOND JAMES & ASSOCIATES Added +51,599+51.6k

Biggest sellers

MORGAN STANLEY Reduced -4,637,724-4.6m
Cornerstone Advisors, LLC Reduced -593,992-594.0k
Allspring Global Investments Holdings, LLC Reduced -380,273-380.3k
1607 Capital Partners, LLC Reduced -343,579-343.6k
Shaker Financial Services, LLC Sold out -137,042-137.0k
LANDSCAPE CAPITAL MANAGEMENT, L.L.C. Reduced -135,696-135.7k
Qube Research & Technologies Ltd Sold out -96,971-97.0k
BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC Reduced -83,449-83.4k
CITY OF LONDON INVESTMENT MANAGEMENT CO LTD Reduced -75,204-75.2k
Bulldog Investors, LLP Sold out -70,607-70.6k

Insider purchases and sales in Q2 2024

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
202Q3 22: 1 buyingQ3 22: 0 sellingQ4 22: 0 buyingQ4 22: 0 sellingQ4 22Q1 23: 2 buyingQ1 23: 0 sellingQ2 23: 0 buyingQ2 23: 0 sellingQ2 23Q3 23: 0 buyingQ3 23: 0 sellingQ4 23: 0 buyingQ4 23: 0 sellingQ4 23Q1 24: 0 buyingQ1 24: 0 sellingQ2 24: 0 buyingQ2 24: 0 sellingQ2 24
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q3 20221$67.8k0——
Q4 20220—0——
Q1 20232$85.2k0——
Q2 20230—0——
Q3 20230—0——
Q4 20230—0——
Q1 20240—0——
Q2 20240—0——

None reported in Q2 2024.

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Saba Capital Management, L.P. 4.61% of their portfolio NEW YORK, NY 9,755,7469.8m $209.7m $209.7m 4.61% Added +1.8m +1,768,679
2 LAZARD ASSET MANAGEMENT LLC 0.12% of their portfolio NEW YORK, NY 4,401,9724.4m $94.6m $94.6m 0.12% Unchanged
3 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,854,7381.9m $39.9m $39.9m 0.00% Reduced -4.6m -4,637,724
4 1607 Capital Partners, LLC 2.97% of their portfolio Richmond, VA 1,543,2861.5m $33.2m $33.2m 2.97% Reduced -343.6k -343,579
5 Atlas Wealth LLC 3.51% of their portfolio CINCINNATI, OH 1,372,8731.4m $29.8m $29.8m 3.51% New
6 COHEN & STEERS, INC. 0.06% of their portfolio NEW YORK, NY 1,293,0341.3m $27.8m $27.8m 0.06% Added +76.0k +76,000
7 Allspring Global Investments Holdings, LLC 0.04% of their portfolio CHARLOTTE, NC 1,249,9391.2m $26.9m $26.9m 0.04% Reduced -380.3k -380,273
8 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 5.16% of their portfolio BLUE BELL, PA 1,162,4181.2m $25.0m $25.0m 5.16% Reduced -83.4k -83,449
9 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 664,529664.5k $14.3m $14.3m 0.00% Added +232.7k +232,701
10 Potrero Capital Research LLC 5.83% of their portfolio SAN FRANCISCO, CA 629,054629.1k $13.5m $13.5m 5.83% Unchanged
11 Pathstone Holdings, LLC 0.06% of their portfolio ENGLEWOOD, NJ 586,776586.8k $12.6m $12.6m 0.06% Reduced -36.8k -36,778
12 Raymond James Financial Services Advisors, Inc. 0.02% of their portfolio ST. PETERSBURG, FL 562,135562.1k $12.1m $12.1m 0.02% Added +10.2k +10,210
13 Bensler, LLC 1.55% of their portfolio Bellevue, WA 534,696534.7k $11.5m $11.5m 1.55% Added +20.9k +20,929
14 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 531,458531.5k $11.4m $11.4m 0.01% Added +51.6k +51,599
15 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio PLYMOUTH, MN 412,311412.3k $8.9m $8.9m 0.02% Added +4.8k +4,773
16 Waterfront Wealth Inc. 2.25% of their portfolio OVERLAND PARK, KS 386,572386.6k $8.3m $8.3m 2.25% Added +6.4k +6,422
17 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 380,969381.0k $8.2m $8.2m 0.00% Reduced -35.7k -35,716
18 Priebe Wealth Holdings LLC 6.16% of their portfolio MAPLE GROVE, MN 362,015362.0k $7.8m $7.8m 6.16% Added +2.2k +2,165
19 SIT INVESTMENT ASSOCIATES INC 0.17% of their portfolio Minneapolis, MN 343,833343.8k $7.4m $7.4m 0.17% Added +31.2k +31,204
20 HTLF Bank 0.84% of their portfolio Denver, CO 343,608343.6k $7.4m $7.4m 0.84% Reduced -15.5k -15,523
21 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 245,864245.9k $5.3m $5.3m 0.01% Added +43.3k +43,282
22 FCA CORP /TX 1.57% of their portfolio HOUSTON, TX 228,193228.2k $4.9m $4.9m 1.57% Added +768 +768
23 PREVAIL INNOVATIVE WEALTH ADVISORS, LLC 1.67% of their portfolio LEAWOOD, KS 219,849219.8k $4.7m $4.7m 1.67% Added +24.0k +23,971
24 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 200,864200.9k $4.3m $4.3m 0.02% Added +7.7k +7,667
25 Integrated Wealth Concepts LLC 0.06% of their portfolio WALTHAM, MA 194,125194.1k $4.2m $4.2m 0.06% Reduced -15.2k -15,236
26 Uncommon Cents Investing LLC 1.30% of their portfolio JANESVILLE, WI 192,017192.0k $4.1m $4.1m 1.30% Reduced -3.4k -3,430
27 RB Capital Management, LLC 1.02% of their portfolio RENO, NV 185,245185.2k $4.0m $4.0m 1.02% Added +2.8k +2,827
28 GENERAL AMERICAN INVESTORS CO INC 0.26% of their portfolio NEW YORK, NY 169,819169.8k $3.6m $3.6m 0.26% Unchanged
29 Advisors Asset Management, Inc. 0.07% of their portfolio Monument, CO 163,601163.6k $3.5m $3.5m 0.07% Added +2.8k +2,814
30 Hennion & Walsh Asset Management, Inc. 0.16% of their portfolio Parsippany, NJ 142,694142.7k $3.1m $3.1m 0.16% Added +39.9k +39,861
31 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 139,315139.3k $3.0m $3.0m 0.01% Added +2.1k +2,064
32 D.A. DAVIDSON & CO. 0.03% of their portfolio GREAT FALLS, MT 137,266137.3k $2.9m $2.9m 0.03% Reduced -1.1k -1,077
33 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 136,729136.7k $2.9m $2.9m 0.01% Reduced -4.8k -4,846
34 MinichMacGregor Wealth Management, LLC 0.10% of their portfolio Saratoga Springs, NY 133,761133.8k $415.8k $415.8k 0.10% Added +31 +31
35 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 129,407129.4k $2.8m $2.8m 0.00% Reduced -2.7k -2,654
36 JONES ROAD CAPITAL MANAGEMENT, L.P. 1.84% of their portfolio NEW YORK, NY 120,000120.0k $2.6m $2.6m 1.84% Added +111.1k +111,109
37 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 117,325117.3k $2.5m $2.5m 0.00% Reduced -5.3k -5,254
38 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 108,715108.7k $2.1m $2.1m 0.01% First filing
39 Thomas J. Herzfeld Advisors, Inc. 0.81% of their portfolio MIAMI BEACH, FL 107,345107.3k $2.3m $2.3m 0.81% Reduced -9.0k -8,991
40 DELTA CAPITAL MANAGEMENT LLC 1.37% of their portfolio RED BANK, NJ 105,476105.5k $2.3m $2.3m 1.37% New
41 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 99,26299.3k $2.1m $2.1m 0.00% New
42 Providence Wealth Advisors, LLC 1.70% of their portfolio FRANKFORT, IL 98,95399.0k $2.1m $2.1m 1.70% New
43 Ancora Advisors LLC 0.05% of their portfolio Cleveland, OH 93,60693.6k $2.0m $2.0m 0.05% Reduced -1.5k -1,500
44 Stolper Co 0.70% of their portfolio TULSA, OK 93,14393.1k $2.0m $2.0m 0.70% Reduced -2.2k -2,214
45 DIVERSIFIED TRUST CO 0.06% of their portfolio MEMPHIS, TN 91,01591.0k $2.0m $2.0m 0.06% Unchanged
46 ROBERTS GLORE & CO INC /IL/ 0.54% of their portfolio DEERFIELD, IL 83,39483.4k $1.8m $1.8m 0.54% Reduced -108 -108
47 Karpus Management, Inc. 0.05% of their portfolio Pittsford, NY 78,88478.9k $1.7m $1.7m 0.05% Added +289 +289
48 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 77,24077.2k $1.7m $1.7m 0.00% Added +1.0k +1,045
49 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 76,76176.8k $1.6m $1.6m 0.00% New
50 TWIN FOCUS CAPITAL PARTNERS, LLC 0.25% of their portfolio Boston, MA 73,32573.3k $1.6m $1.6m 0.25% Reduced -21.1k -21,050
51 ARQ WEALTH ADVISORS, LLC 0.64% of their portfolio SCOTTSDALE, AZ 68,99469.0k $1.5m $1.5m 0.64% Added +4.2k +4,183
52 Global Endowment Management, LP 0.15% of their portfolio CHARLOTTE, NC 67,97968.0k $1.5m $1.5m 0.15% Unchanged
53 Capital Investment Advisors, LLC 0.03% of their portfolio ATLANTA, GA 59,78459.8k $1.3m $1.3m 0.03% Reduced -668 -668
54 9258 Wealth Management, LLC 0.19% of their portfolio BLUE ASH, OH 58,27758.3k $1.3m $1.3m 0.19% Reduced -322 -322
55 UBS Group AG 0.00% of their portfolio ZURICH, V8 57,63757.6k $1.2m $1.2m 0.00% Added +10.1k +10,145
56 Koshinski Asset Management, Inc. 0.11% of their portfolio DECATUR, IL 56,43956.4k $1.2m $1.2m 0.11% Reduced -180 -180
57 Lido Advisors, LLC 0.01% of their portfolio Los Angeles, CA 54,94454.9k $1.2m $1.2m 0.01% Added +5.1k +5,137
58 SALEM INVESTMENT COUNSELORS INC 0.04% of their portfolio WINSTON-SALEM, NC 52,90752.9k $1.1m $1.1m 0.04% Unchanged
59 Quantedge Capital Pte Ltd 0.36% of their portfolio Singapore, U0 46,12046.1k $991.1k $991.1k 0.36% Reduced -54.3k -54,300
60 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 46,06346.1k $990.0k $990.0k 0.00% Reduced -4.6k -4,641
61 FINANCIAL COUNSELORS INC 0.02% of their portfolio Overland Park, KS 46,01546.0k $988.9k $988.9k 0.02% Unchanged
62 MassMutual Private Wealth & Trust, FSB 0.03% of their portfolio Windsor, CT 46,01546.0k $988.9k $988.9k 0.03% Unchanged
63 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.09% of their portfolio ORLANDO, FL 43,17643.2k $927.9k $927.9k 0.09% Reduced -5.0k -5,046
64 Merit Financial Group, LLC 0.02% of their portfolio ALPHARETTA, GA 40,78440.8k $876.4k $876.4k 0.02% Reduced -1.2k -1,232
65 CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 0.07% of their portfolio London, X0 40,72040.7k $875.1k $875.1k 0.07% Reduced -75.2k -75,204
66 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 40,36740.4k $867.0k $867.0k 0.00% Added +1.2k +1,206
67 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 39,85239.9k $856.4k $856.4k 0.00% Added +6.9k +6,880
68 GUGGENHEIM CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 39,80539.8k $855.4k $855.4k 0.01% Reduced -2.7k -2,698
69 CHOREO, LLC 0.01% of their portfolio ROCKFORD, IL 39,28939.3k $842.1k $842.1k 0.01% Added +27.4k +27,412
70 Capstone Financial Advisors, Inc. 0.05% of their portfolio DOWNERS GROVE, IL 38,43338.4k $825.9k $825.9k 0.05% Added +46 +46
71 KESTRA PRIVATE WEALTH SERVICES, LLC 0.02% of their portfolio AUSTIN, TX 38,27338.3k $822.5k $822.5k 0.02% New
72 Atria Wealth Solutions, Inc. 0.01% of their portfolio NEW YORK, NY 35,83835.8k $770.2k $770.2k 0.01% Reduced -189 -189
73 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 34,16334.2k $734.2k $734.2k 0.00% Reduced -218 -218
74 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 31,50031.5k $676.9k $676.9k 0.00% Reduced -10.5k -10,546
75 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 31,42331.4k $675.3k $675.3k 0.00% Reduced -3.0k -2,995
76 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 30,81530.8k $662.2k $662.2k 0.00% Unchanged
77 Prostatis Group LLC 0.23% of their portfolio HANOVER, MD 30,67130.7k $659.1k $659.1k 0.23% Added +75 +75
78 RAYMOND JAMES TRUST N.A. 0.02% of their portfolio ST. PETERSBURG, FL 30,00430.0k $644.8k $644.8k 0.02% Reduced -3.1k -3,060
79 Turtle Creek Wealth Advisors, LLC 0.14% of their portfolio DALLAS, TX 28,10628.1k $604.0k $604.0k 0.14% Added +5.2k +5,205
80 Mariner, LLC 0.00% of their portfolio Overland Park, KS 27,92627.9k $600.1k $600.1k 0.00% Reduced -1.6k -1,629
81 Concurrent Investment Advisors, LLC 0.02% of their portfolio Tampa, FL 27,20427.2k $584.6k $584.6k 0.02% Added +3.1k +3,062
82 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 26,34626.3k $566.0k $566.0k 0.00% Unchanged
83 LEE DANNER & BASS INC 0.04% of their portfolio NASHVILLE, TN 25,00025.0k $537.0k $537.0k 0.04% First filing
84 Sage Capital Advisors,llc 0.15% of their portfolio SIOUX FALLS, SD 24,51724.5k $526.9k $526.9k 0.15% Added +1.7k +1,671
85 Capital Market Strategies LLC 0.33% of their portfolio PALM BEACH GARDENS, FL 24,24824.2k $521.1k $521.1k 0.33% Added +767 +767
86 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 24,24024.2k $520.9k $520.9k 0.00% Reduced -1 -1
87 Blue Trust, Inc. 0.01% of their portfolio BRENTWOOD, TN 22,45722.5k $438.4k $438.4k 0.01% Unchanged
88 Savant Capital, LLC 0.00% of their portfolio ROCKFORD, IL 22,19922.2k $477.1k $477.1k 0.00% Reduced -1.5k -1,498
89 Quad-Cities Investment Group, LLC 0.26% of their portfolio DAVENPORT, IA 21,72921.7k $466.9k $466.9k 0.26% Reduced -1.8k -1,824
90 Transform Wealth, LLC 0.03% of their portfolio GREENWOOD VILLAGE, CO 21,57721.6k $463.7k $463.7k 0.03% Unchanged
91 Allegheny Financial Group 0.13% of their portfolio Pittsburgh, PA 21,15021.1k $454.5k $454.5k 0.13% New
92 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 20,74320.7k $446.0k $446.0k 0.00% Reduced -4.3k -4,285
93 OPPENHEIMER & CO INC 0.01% of their portfolio NEW YORK, NY 20,35120.4k $437.3k $437.3k 0.01% Reduced -1.7k -1,733
94 Avior Wealth Management, LLC 0.02% of their portfolio OMAHA, NE 19,55119.6k $420.2k $420.2k 0.02% Added +367 +367
95 HARBOUR INVESTMENTS, INC. 0.01% of their portfolio MADISON, WI 19,52919.5k $419.7k $419.7k 0.01% Added +1.3k +1,295
96 PRINCIPAL SECURITIES, INC. 0.01% of their portfolio DES MOINES, IA 15,72315.7k $337.9k $337.9k 0.01% Unchanged
97 REGIONS FINANCIAL CORP 0.00% of their portfolio BIRMINGHAM, AL 15,61215.6k $335.5k $335.5k 0.00% Unchanged
98 Pinion Investment Advisors, LLC 0.17% of their portfolio WICHITA, KS 15,44115.4k $331.8k $331.8k 0.17% Reduced -857 -857
99 WESBANCO BANK INC 0.01% of their portfolio WHEELING, WV 15,37615.4k $330.4k $330.4k 0.01% Unchanged
100 MSH Capital Advisors LLC 0.11% of their portfolio SCOTTSDALE, AZ 15,03715.0k $323.1k $323.1k 0.11% Unchanged