0001104659-21-074244.txt : 20210528 0001104659-21-074244.hdr.sgml : 20210528 20210528164256 ACCESSION NUMBER: 0001104659-21-074244 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20210331 FILED AS OF DATE: 20210528 PERIOD START: 20211231 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ADAMS DIVERSIFIED EQUITY FUND, INC. CENTRAL INDEX KEY: 0000002230 IRS NUMBER: 134912740 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-00248 FILM NUMBER: 21981036 BUSINESS ADDRESS: STREET 1: 500 EAST PRATT STREET STREET 2: SUITE 1300 CITY: BALTIMORE STATE: MD ZIP: 21202 BUSINESS PHONE: 4107525900 MAIL ADDRESS: STREET 1: 500 EAST PRATT STREET STREET 2: SUITE 1300 CITY: BALTIMORE STATE: MD ZIP: 21202 FORMER COMPANY: FORMER CONFORMED NAME: ADAMS DIVERSIFIED EQUITY FUND DATE OF NAME CHANGE: 20150331 FORMER COMPANY: FORMER CONFORMED NAME: ADAMS EXPRESS CO DATE OF NAME CHANGE: 19920703 NPORT-P 1 primary_doc.xml NPORT-P false 0000002230 XXXXXXXX Adams Diversified Equity Fund, Inc. 811-00248 0000002230 5493005W7G81BNPP7M23 500 East Pratt Street Suite 1300 Baltimore 21202 410-752-5900 N/A N/A 2021-12-31 2021-03-31 N 2384650034 35663292 2348986742 0 0 0 0 0 0 0 0 0 0 0 0 0 256062.000000000000 N Adams Natural Resources Fund, Inc. 549300LPTQAH0G3NGD42 Adams Natural Resources Fund, Inc. 00548F105 2186774 NS USD 32167445.54 0.013694 Long EC RF US N 1 N N N Alaska Air Group, Inc. N/A Alaska Air Group, Inc. 011659109 179200 NS USD 12402432 0.00528 Long EC CORP US N 1 N N N Prologis, Inc. 529900DFH19P073LZ636 Prologis, Inc. 74340W103 92800 NS USD 9836800 0.004188 Long EC CORP US N 1 N N N Simon Property Group, Inc. N/A Simon Property Group, Inc. 828806109 91900 NS USD 10455463 0.004451 Long EC CORP US N 1 N N N Weyerhaeuser Company 08IRJODWFYBI7QWRGS31 Weyerhaeuser Company 962166104 292700 NS USD 10420120 0.004436 Long EC CORP US N 1 N N N Adams Funds Advisers, LLC N/A Adams Funds Advisers, LLC 134912740 1 OU Other USD 466000 0.000198 Long CORP US N 3 N N N Morgan Stanley Institutional Liquidity Funds Prime Portfolio N/A Morgan Stanley Institutional Liquidity Funds Prime Portfolio 61747C715 6310494.947 NS USD 6311757.045989 0.002687 Long STIV RF US N 1 N N N Boeing Company RVHJWBXLJ1RFUBSY1F30 Boeing Company 097023105 97800 NS USD 24911616 0.010605 Long EC CORP US N 1 N N N Carrier Global Corporation N/A Carrier Global Corporation 14448C104 392600 NS USD 16575572 0.007056 Long EC CORP US N 1 N N N Caterpillar Inc. WRJR7GS4GTRECRRTVX92 Caterpillar Inc. 149123101 126800 NS USD 29401116 0.012517 Long EC CORP US N 1 N N N Honeywell International Inc. ISRPG12PN4EIEOEMW547 Honeywell International Inc. 438516106 127800 NS USD 27741546 0.01181 Long EC CORP US N 1 N N N Huntington Ingalls Industries, Inc. 5TZLZ6WJTBVJ0QWBG121 Huntington Ingalls Industries, Inc. 446413106 64000 NS USD 13174400 0.005609 Long EC CORP US N 1 N N N Kansas City Southern 5493008C12PZMWP3WY03 Kansas City Southern 485170302 48300 NS USD 12747336 0.005427 Long EC CORP US N 1 N N N Knight-Swift Transportation Holdings Inc. N/A Knight-Swift Transportation Holdings Inc. 499049104 254000 NS USD 12214860 0.0052 Long EC CORP US N 1 N N N Parker-Hannifin Corporation 5493002CONDB4N2HKI23 Parker-Hannifin Corporation 701094104 73500 NS USD 23184105 0.00987 Long EC CORP US N 1 N N N Raytheon Technologies Corporation N/A Raytheon Technologies Corporation 75513E101 209800 NS USD 16211246 0.006901 Long EC CORP US N 1 N N N ConocoPhillips WPTL2Z3FIYTHSP5V2253 ConocoPhillips 20825C104 314800 NS USD 16674956 0.007099 Long EC CORP US N 1 N N N Union Pacific Corporation 549300LMMRSZZCZ8CL11 Union Pacific Corporation 907818108 51700 NS USD 11395197 0.004851 Long EC CORP US N 1 N N N United Rentals, Inc. 5323X5O7RN0NKFCDRY08 United Rentals, Inc. 911363109 43800 NS USD 14423778 0.00614 Long EC CORP US N 1 N N N Amazon.com, Inc. ZXTILKJKG63JELOEG630 Amazon.com, Inc. 023135106 31700 NS USD 98082336 0.041755 Long EC CORP US N 1 N N N Chipotle Mexican Grill, Inc. N/A Chipotle Mexican Grill, Inc. 169656105 10700 NS USD 15202774 0.006472 Long EC CORP US N 1 N N N General Motors Company 54930070NSV60J38I987 General Motors Company 37045V100 196300 NS USD 11279398 0.004802 Long EC CORP US N 1 N N N Hilton Worldwide Holdings, Inc. 549300HVGPK36ICB0B89 Hilton Worldwide Holdings, Inc. 43300A203 114400 NS USD 13833248 0.005889 Long EC CORP US N 1 N N N Home Depot, Inc. QEKMOTMBBKA8I816DO57 Home Depot, Inc. 437076102 27300 NS USD 8333325 0.003548 Long EC CORP US N 1 N N N Lowe's Companies, Inc. WAFCR4OKGSC504WU3E95 Lowe's Companies, Inc. 548661107 81600 NS USD 15518688 0.006607 Long EC CORP US N 1 N N N O'Reilly Automotive, Inc. 549300K2RLMQL149Q332 O'Reilly Automotive, Inc. 67103H107 29700 NS USD 15065325 0.006414 Long EC CORP US N 1 N N N Target Corporation 8WDDFXB5T1Z6J0XC1L66 Target Corporation 87612E106 144300 NS USD 28581501 0.012168 Long EC CORP US N 1 N N N Hess Corporation UASVRYNXNK17ULIGK870 Hess Corporation 42809H107 190800 NS USD 13501008 0.005748 Long EC CORP US N 1 N N N Tesla Motors, Inc. 54930043XZGB27CTOV49 Tesla Motors, Inc. 88160R101 36600 NS USD 24446238 0.010407 Long EC CORP US N 1 N N N TJX Companies, Inc. V167QI9I69W364E2DY52 TJX Companies, Inc. 872540109 280700 NS USD 18568305 0.007905 Long EC CORP US N 1 N N N Ulta Beauty, Inc. 529900CIV6HN8M28YM82 Ulta Beauty, Inc. 90384S303 37700 NS USD 11655709 0.004962 Long EC CORP US N 1 N N N V.F. Corporation CWAJJ9DJ5Z7P057HV541 V.F. Corporation 918204108 187400 NS USD 14977008 0.006376 Long EC CORP US N 1 N N N Coca-Cola Company UWJKFUJFZ02DKWI3RY53 Coca-Cola Company 191216100 268200 NS USD 14136822 0.006018 Long EC CORP US N 1 N N N Constellation Brands, Inc. Class A 5493005GKEG8QCVY7037 Constellation Brands, Inc. Class A 21036P108 52400 NS USD 11947200 0.005086 Long EC CORP US N 1 N N N Costco Wholesale Corporation 29DX7H14B9S6O3FD6V18 Costco Wholesale Corporation 22160K105 53000 NS USD 18681440 0.007953 Long EC CORP US N 1 N N N Lamb Weston Holdings, Inc. N/A Lamb Weston Holdings, Inc. 513272104 229800 NS USD 17804904 0.00758 Long EC CORP US N 1 N N N Monster Beverage Corporation N/A Monster Beverage Corporation 61174X109 160900 NS USD 14656381 0.006239 Long EC CORP US N 1 N N N PepsiCo, Inc. FJSUNZKFNQ5YPJ5OT455 PepsiCo, Inc. 713448108 78800 NS USD 11146260 0.004745 Long EC CORP US N 1 N N N Schlumberger N.V. 213800ZUA17OK3QLGM62 Schlumberger N.V. 806857108 489900 NS USD 13320381 0.005671 Long EC CORP CU N 1 N N N Philip Morris International Inc. HL3H1H2BGXWVG3BSWR90 Philip Morris International Inc. 718172109 309700 NS USD 27482778 0.0117 Long EC CORP US N 1 N N N Post Holdings, Inc. JM1I5YUAURL6DC8N1468 Post Holdings, Inc. 737446104 117000 NS USD 12369240 0.005266 Long EC CORP US N 1 N N N Procter & Gamble Company 2572IBTT8CCZW6AU4141 Procter & Gamble Company 742718109 115350 NS USD 15621850.5 0.00665 Long EC CORP US N 1 N N N Abbott Laboratories HQD377W2YR662HK5JX27 Abbott Laboratories 002824100 256400 NS USD 30726976 0.013081 Long EC CORP US N 1 N N N AbbVie, Inc. FR5LCKFTG8054YNNRU85 AbbVie, Inc. 00287Y109 240900 NS USD 26070198 0.011098 Long EC CORP US N 1 N N N Alexion Pharmaceuticals, Inc. M1YXUUZR0EIMU8T0EM75 Alexion Pharmaceuticals, Inc. 015351109 91200 NS USD 13945392 0.005937 Long EC CORP US N 1 N N N AmerisourceBergen Corporation AI8GXW8LG5WK7E9UD086 AmerisourceBergen Corporation 03073E105 155600 NS USD 18371692 0.007821 Long EC CORP US N 1 N N N Bristol-Myers Squibb Company HLYYNH7UQUORYSJQCN42 Bristol-Myers Squibb Company 110122108 270300 NS USD 17064039 0.007264 Long EC CORP US N 1 N N N Centene Corporation 549300Z7JJ4TQSQGT333 Centene Corporation 15135B101 134800 NS USD 8615068 0.003668 Long EC CORP US N 1 N N N CVS Health Corporation 549300EJG376EN5NQE29 CVS Health Corporation 126650100 251800 NS USD 18942914 0.008064 Long EC CORP US N 1 N N N Air Products and Chemicals, Inc. 7QEON6Y1RL5XR3R1W237 Air Products and Chemicals, Inc. 009158106 15900 NS USD 4473306 0.001904 Long EC CORP US N 1 N N N Edwards Lifesciences Corporation YA13X31F3V31L8TMPR58 Edwards Lifesciences Corporation 28176E108 186300 NS USD 15582132 0.006634 Long EC CORP US N 1 N N N Eli Lilly and Company FRDRIPF3EKNDJ2CQJL29 Eli Lilly and Company 532457108 132000 NS USD 24660240 0.010498 Long EC CORP US N 1 N N N IDEXX Laboratories, Inc. OGMTXK0LUU1HKV2P0J84 IDEXX Laboratories, Inc. 45168D104 13800 NS USD 6752478 0.002875 Long EC CORP US N 1 N N N Johnson & Johnson 549300G0CFPGEF6X2043 Johnson & Johnson 478160104 145400 NS USD 23896490 0.010173 Long EC CORP US N 1 N N N Thermo Fisher Scientific Inc. HCHV7422L5HDJZCRFL38 Thermo Fisher Scientific Inc. 883556102 89000 NS USD 40617820 0.017292 Long EC CORP US N 1 N N N UnitedHealth Group Incorporated 549300GHBMY8T5GXDE41 UnitedHealth Group Incorporated 91324P102 132100 NS USD 49150447 0.020924 Long EC CORP US N 1 N N N Vertex Pharmaceuticals Incorporated 54930015RAQRRZ5ZGJ91 Vertex Pharmaceuticals Incorporated 92532F100 71200 NS USD 15300168 0.006514 Long EC CORP US N 1 N N N Bank of America Corp. 9DJT3UXIJIZJI4WXO774 Bank of America Corp. 060505104 1148400 NS USD 44431596 0.018915 Long EC CORP US N 1 N N N Berkshire Hathaway Inc. Class B 5493000C01ZX7D35SD85 Berkshire Hathaway Inc. Class B 084670702 169600 NS USD 43327712 0.018445 Long EC CORP US N 1 N N N Capital One Financial Corporation ZUE8T73ROZOF6FLBAR73 Capital One Financial Corporation 14040H105 185200 NS USD 23562996 0.010031 Long EC CORP US N 1 N N N DuPont de Nemours, Inc. N/A DuPont de Nemours, Inc. 26614N102 177700 NS USD 13732656 0.005846 Long EC CORP US N 1 N N N Intercontinental Exchange, Inc. 5493000F4ZO33MV32P92 Intercontinental Exchange, Inc. 45866F104 94800 NS USD 10587264 0.004507 Long EC CORP US N 1 N N N JPMorgan Chase & Co. 8I5DZWZKVSZI1NUHU748 JPMorgan Chase & Co. 46625H100 300700 NS USD 45775561 0.019487 Long EC CORP US N 1 N N N MetLife, Inc. C4BXATY60WC6XEOZDX54 MetLife, Inc. 59156R108 521400 NS USD 31695906 0.013493 Long EC CORP US N 1 N N N Morgan Stanley IGJSJL3JD5P30I6NJZ34 Morgan Stanley 617446448 413800 NS USD 32135708 0.013681 Long EC CORP US N 1 N N N T. Rowe Price Group 549300SIV6FPS9Y7IH33 T. Rowe Price Group 74144T108 106700 NS USD 18309720 0.007795 Long EC CORP US N 1 N N N Wells Fargo & Company PBLD0EJDB5FWOLXP3B76 Wells Fargo & Company 949746101 665700 NS USD 26008899 0.011072 Long EC CORP US N 1 N N N Accenture plc Class A 549300JY6CF6DO4YFQ03 Accenture plc Class A G1151C101 39500 NS USD 10911875 0.004645 Long EC CORP IE N 1 N N N Adobe Inc. FU4LY2G4933NH2E1CP29 Adobe Inc. 00724F101 55800 NS USD 26525646 0.011292 Long EC CORP US N 1 N N N Amphenol Corporation Class A 549300D3L3G0R4U4VT04 Amphenol Corporation Class A 032095101 219800 NS USD 14500206 0.006173 Long EC CORP US N 1 N N N Apple Inc. HWUPKR0MPOU8FGXBT394 Apple Inc. 037833100 1065400 NS USD 130138610 0.055402 Long EC CORP US N 1 N N N LyondellBasell Industries N.V. BN6WCCZ8OVP3ITUUVN49 LyondellBasell Industries N.V. N53745100 114800 NS USD 11944940 0.005085 Long EC CORP NL N 1 N N N Arista Networks, Inc. 635400H1WKBLOQERUU95 Arista Networks, Inc. 040413106 44700 NS USD 13494483 0.005745 Long EC CORP US N 1 N N N CDW Corp. N/A CDW Corp. 12514G108 66900 NS USD 11088675 0.004721 Long EC CORP US N 1 N N N Cisco Systems, Inc. 8E6NF1YAL0WT6CWXXV93 Cisco Systems, Inc. 17275R102 271900 NS USD 14059949 0.005986 Long EC CORP US N 1 N N N Fair Isaac Corporation RI6HET5SJUEY30V1PS26 Fair Isaac Corporation 303250104 24600 NS USD 11956830 0.00509 Long EC CORP US N 1 N N N Intuit Inc. VI90HBPH7XSFMB9E4M29 Intuit Inc. 461202103 52100 NS USD 19957426 0.008496 Long EC CORP US N 1 N N N Lam Research Corporation 549300I4GMO6D34U1T02 Lam Research Corporation 512807108 44600 NS USD 26547704 0.011302 Long EC CORP US N 1 N N N Mastercard Incorporated Class A AR5L2ODV9HN37376R084 Mastercard Incorporated Class A 57636Q104 110500 NS USD 39343525 0.016749 Long EC CORP US N 1 N N N Microchip Technology Incorporated 5493007PTFULNYZJ1R12 Microchip Technology Incorporated 595017104 113200 NS USD 17570904 0.00748 Long EC CORP US N 1 N N N Micron Technology, Inc. B3DXGBC8GAIYWI2Z0172 Micron Technology, Inc. 595112103 276300 NS USD 24372423 0.010376 Long EC CORP US N 1 N N N Microsoft Corporation INR2EJN1ERAN0W5ZP974 Microsoft Corporation 594918104 618100 NS USD 145729437 0.062039 Long EC CORP US N 1 N N N Sherwin-Williams Company Z15BMIOX8DDH0X2OBP21 Sherwin-Williams Company 824348106 20200 NS USD 14907802 0.006346 Long EC CORP US N 1 N N N NVIDIA Corporation 549300S4KLFTLO7GSQ80 NVIDIA Corporation 67066G104 58100 NS USD 31021333 0.013206 Long EC CORP US N 1 N N N Oracle Corporation 1Z4GXXU7ZHVWFCD8TV52 Oracle Corporation 68389X105 122200 NS USD 8574774 0.00365 Long EC CORP US N 1 N N N PayPal Holdings Inc. 5493005X2GO78EFZ3E94 PayPal Holdings Inc. 70450Y103 42200 NS USD 10247848 0.004363 Long EC CORP US N 1 N N N QUALCOMM Incorporated H1J8DDZKZP6H7RWC0H53 QUALCOMM Incorporated 747525103 157500 NS USD 20882925 0.00889 Long EC CORP US N 1 N N N Visa Inc. Class A 549300JZ4OKEHW3DPJ59 Visa Inc. Class A 92826C839 189600 NS USD 40144008 0.01709 Long EC CORP US N 1 N N N Activision Blizzard, Inc. 549300TPQQDBP9GNOF40 Activision Blizzard, Inc. 00507V109 126000 NS USD 11718000 0.004989 Long EC CORP US N 1 N N N Alphabet Inc. Class A 5493006MHB84DD0ZWV18 Alphabet Inc. Class A 02079K305 45400 NS USD 93638408 0.039863 Long EC CORP US N 1 N N N AT&T Inc. 549300Z40J86GGSTL398 AT&T Inc. 00206R102 237882 NS USD 7200688.14 0.003065 Long EC CORP US N 1 N N N Comcast Corporation Class A 51M0QTTNCGUN7KFCFZ59 Comcast Corporation Class A 20030N101 710700 NS USD 38455977 0.016371 Long EC CORP US N 1 N N N Facebook, Inc. Class A BQ4BKCS1HXDV9HN80Z93 Facebook, Inc. Class A 30303M102 189700 NS USD 55872341 0.023786 Long EC CORP US N 1 N N N Steel Dynamics, Inc. 549300HGGKEL4FYTTQ83 Steel Dynamics, Inc. 858119100 235200 NS USD 11938752 0.005083 Long EC CORP US N 1 N N N Netflix, Inc. 549300Y7VHGU0I7CE873 Netflix, Inc. 64110L106 25331 NS USD 13214169.46 0.005625 Long EC CORP US N 1 N N N T-Mobile US, Inc. 549300QHIJYOHPACPG31 T-Mobile US, Inc. 872590104 101500 NS USD 12716935 0.005414 Long EC CORP US N 1 N N N Walt Disney Company 7260JQNI6SCF9FIV2392 Walt Disney Company 254687106 132700 NS USD 24485804 0.010424 Long EC CORP US N 1 N N N CMS Energy Corporation 549300IA9XFBAGNIBW29 CMS Energy Corporation 125896100 180800 NS USD 11068576 0.004712 Long EC CORP US N 1 N N N Edison International N/A Edison International 281020107 198100 NS USD 11608660 0.004942 Long EC CORP US N 1 N N N NextEra Energy, Inc. N/A NextEra Energy, Inc. 65339F101 124100 NS USD 9383201 0.003995 Long EC CORP US N 1 N N N Public Service Enterprise Group Incorporated PUSS41EMO3E6XXNV3U28 Public Service Enterprise Group Incorporated 744573106 233900 NS USD 14083119 0.005995 Long EC CORP US N 1 N N N Southern Company 549300FC3G3YU2FBZD92 Southern Company 842587107 222800 NS USD 13849248 0.005896 Long EC CORP US N 1 N N N CBRE Group, Inc. Class A N/A CBRE Group, Inc. Class A 12504L109 126000 NS USD 9967860 0.004243 Long EC CORP US N 1 N N N Equinix, Inc. 549300EVUN2BTLJ3GT74 Equinix, Inc. 29444U700 19600 NS USD 13319964 0.005671 Long EC CORP US N 1 N N N Northern Institutional Treasury Portfolio N/A Northern Institutional Treasury Portfolio 665279808 2037081 NS USD 2037081 0.000867 Long STIV RF US N 1 N N N 2021-05-27 Adams Diversified Equity Fund, Inc. Christy Sloan Christy Sloan Assistant Treasurer XXXX NPORT-EX 2 tm2114163-7_adx.htm
​
Schedule of Investments
​
March 31, 2021
(unaudited)
​ ​ ​
Shares
 ​ ​
Value (a)
 ​
Common Stocks — 99.6% ​
Communication Services — 11.0%
 ​
Activision Blizzard, Inc.
 ​ ​ ​ ​ 126,000 ​ ​ ​ ​ $ 11,718,000 ​ ​
Alphabet Inc. Class A (b)
 ​ ​ ​ ​ 45,400 ​ ​ ​ ​ ​ 93,638,408 ​ ​
AT&T Inc.
 ​ ​ ​ ​ 237,882 ​ ​ ​ ​ ​ 7,200,688 ​ ​
Comcast Corporation Class A
 ​ ​ ​ ​ 710,700 ​ ​ ​ ​ ​ 38,455,977 ​ ​
Facebook, Inc. Class A (b)
 ​ ​ ​ ​ 189,700 ​ ​ ​ ​ ​ 55,872,341 ​ ​
Netflix, Inc. (b)
 ​ ​ ​ ​ 25,331 ​ ​ ​ ​ ​ 13,214,169 ​ ​
T-Mobile US, Inc. (b)
 ​ ​ ​ ​ 101,500 ​ ​ ​ ​ ​ 12,716,935 ​ ​
Walt Disney Company
​ ​ ​ ​ 132,700 ​ ​ ​ ​ ​ 24,485,804 ​ ​
​ ​ ​ ​ ​ 257,302,322 ​ ​
Consumer Discretionary — 11.7%
 ​
Amazon.com, Inc. (b)
 ​ ​ ​ ​ 31,700 ​ ​ ​ ​ ​ 98,082,336 ​ ​
Chipotle Mexican Grill, Inc. (b)
 ​ ​ ​ ​ 10,700 ​ ​ ​ ​ ​ 15,202,774 ​ ​
General Motors Company (b)
 ​ ​ ​ ​ 196,300 ​ ​ ​ ​ ​ 11,279,398 ​ ​
Hilton Worldwide Holdings, Inc. (b)
 ​ ​ ​ ​ 114,400 ​ ​ ​ ​ ​ 13,833,248 ​ ​
Home Depot, Inc.
 ​ ​ ​ ​ 27,300 ​ ​ ​ ​ ​ 8,333,325 ​ ​
Lowe’s Companies, Inc.
 ​ ​ ​ ​ 81,600 ​ ​ ​ ​ ​ 15,518,688 ​ ​
O’Reilly Automotive, Inc. (b)
 ​ ​ ​ ​ 29,700 ​ ​ ​ ​ ​ 15,065,325 ​ ​
Target Corporation
 ​ ​ ​ ​ 144,300 ​ ​ ​ ​ ​ 28,581,501 ​ ​
Tesla Motors, Inc. (b)
 ​ ​ ​ ​ 36,600 ​ ​ ​ ​ ​ 24,446,238 ​ ​
TJX Companies, Inc.
 ​ ​ ​ ​ 280,700 ​ ​ ​ ​ ​ 18,568,305 ​ ​
Ulta Beauty, Inc. (b)
 ​ ​ ​ ​ 37,700 ​ ​ ​ ​ ​ 11,655,709 ​ ​
V.F. Corporation
 ​ ​ ​ ​ 187,400 ​ ​ ​ ​ ​ 14,977,008 ​ ​
​ ​ ​ ​ ​ 275,543,855 ​ ​
Consumer Staples — 6.1%
 ​
Coca-Cola Company
 ​ ​ ​ ​ 268,200 ​ ​ ​ ​ ​ 14,136,822 ​ ​
Constellation Brands, Inc. Class A
 ​ ​ ​ ​ 52,400 ​ ​ ​ ​ ​ 11,947,200 ​ ​
Costco Wholesale Corporation
 ​ ​ ​ ​ 53,000 ​ ​ ​ ​ ​ 18,681,440 ​ ​
Lamb Weston Holdings, Inc.
 ​ ​ ​ ​ 229,800 ​ ​ ​ ​ ​ 17,804,904 ​ ​
Monster Beverage Corporation (b)
 ​ ​ ​ ​ 160,900 ​ ​ ​ ​ ​ 14,656,381 ​ ​
PepsiCo, Inc.
 ​ ​ ​ ​ 78,800 ​ ​ ​ ​ ​ 11,146,260 ​ ​
Philip Morris International Inc.
 ​ ​ ​ ​ 309,700 ​ ​ ​ ​ ​ 27,482,778 ​ ​
Post Holdings, Inc. (b)
 ​ ​ ​ ​ 117,000 ​ ​ ​ ​ ​ 12,369,240 ​ ​
Procter & Gamble Company
 ​ ​ ​ ​ 115,350 ​ ​ ​ ​ ​ 15,621,851 ​ ​
​ ​ ​ ​ 143,846,876 ​ ​
Energy — 3.2%
 ​
Adams Natural Resources Fund, Inc. (c)(f)
 ​ ​ ​ ​ 2,186,774 ​ ​ ​ ​ ​ 32,167,446 ​ ​
ConocoPhillips
 ​ ​ ​ ​ 314,800 ​ ​ ​ ​ ​ 16,674,956 ​ ​
Hess Corporation
 ​ ​ ​ ​ 190,800 ​ ​ ​ ​ ​ 13,501,008 ​ ​
Schlumberger N.V.
 ​ ​ ​ ​ 489,900 ​ ​ ​ ​ ​ 13,320,381 ​ ​
​ ​ ​ ​ 75,663,791 ​ ​
1
​
Schedule of Investments (continued)
​
March 31, 2021
(unaudited)
​ ​ ​
Shares
 ​ ​
Value (a)
 ​
Financials — 11.7%
 ​
Bank of America Corp.
 ​ ​ ​ ​ 1,148,400 ​ ​ ​ ​ $ 44,431,596 ​ ​
Berkshire Hathaway Inc. Class B (b)
 ​ ​ ​ ​ 169,600 ​ ​ ​ ​ ​ 43,327,712 ​ ​
Capital One Financial Corporation
 ​ ​ ​ ​ 185,200 ​ ​ ​ ​ ​ 23,562,996 ​ ​
Intercontinental Exchange, Inc.
 ​ ​ ​ ​ 94,800 ​ ​ ​ ​ ​ 10,587,264 ​ ​
JPMorgan Chase & Co.
 ​ ​ ​ ​ 300,700 ​ ​ ​ ​ ​ 45,775,561 ​ ​
MetLife, Inc.
 ​ ​ ​ ​ 521,400 ​ ​ ​ ​ ​ 31,695,906 ​ ​
Morgan Stanley
 ​ ​ ​ ​ 413,800 ​ ​ ​ ​ ​ 32,135,708 ​ ​
T. Rowe Price Group
 ​ ​ ​ ​ 106,700 ​ ​ ​ ​ ​ 18,309,720 ​ ​
Wells Fargo & Company
 ​ ​ ​ ​ 665,700 ​ ​ ​ ​ ​ 26,008,899 ​ ​
​ ​ ​ ​ ​ 275,835,362 ​ ​
Health Care — 13.2%
 ​
Abbott Laboratories
 ​ ​ ​ ​ 256,400 ​ ​ ​ ​ ​ 30,726,976 ​ ​
AbbVie, Inc.
 ​ ​ ​ ​ 240,900 ​ ​ ​ ​ ​ 26,070,198 ​ ​
Alexion Pharmaceuticals, Inc. (b)
 ​ ​ ​ ​ 91,200 ​ ​ ​ ​ ​ 13,945,392 ​ ​
AmerisourceBergen Corporation
 ​ ​ ​ ​ 155,600 ​ ​ ​ ​ ​ 18,371,692 ​ ​
Bristol-Myers Squibb Company
 ​ ​ ​ ​ 270,300 ​ ​ ​ ​ ​ 17,064,039 ​ ​
Centene Corporation (b)
 ​ ​ ​ ​ 134,800 ​ ​ ​ ​ ​ 8,615,068 ​ ​
CVS Health Corporation
 ​ ​ ​ ​ 251,800 ​ ​ ​ ​ ​ 18,942,914 ​ ​
Edwards Lifesciences Corporation (b)
 ​ ​ ​ ​ 186,300 ​ ​ ​ ​ ​ 15,582,132 ​ ​
Eli Lilly and Company
 ​ ​ ​ ​ 132,000 ​ ​ ​ ​ ​ 24,660,240 ​ ​
IDEXX Laboratories, Inc. (b)
 ​ ​ ​ ​ 13,800 ​ ​ ​ ​ ​ 6,752,478 ​ ​
Johnson & Johnson
 ​ ​ ​ ​ 145,400 ​ ​ ​ ​ ​ 23,896,490 ​ ​
Thermo Fisher Scientific Inc.
 ​ ​ ​ ​ 89,000 ​ ​ ​ ​ ​ 40,617,820 ​ ​
UnitedHealth Group Incorporated
 ​ ​ ​ ​ 132,100 ​ ​ ​ ​ ​ 49,150,447 ​ ​
Vertex Pharmaceuticals Incorporated (b)
 ​ ​ ​ ​ 71,200 ​ ​ ​ ​ ​ 15,300,168 ​ ​
​ ​ ​ ​ ​ 309,696,054 ​ ​
Industrials — 9.1%
 ​
Alaska Air Group, Inc. (b)
 ​ ​ ​ ​ 179,200 ​ ​ ​ ​ ​ 12,402,432 ​ ​
Boeing Company (b)
 ​ ​ ​ ​ 97,800 ​ ​ ​ ​ ​ 24,911,616 ​ ​
Carrier Global Corporation
 ​ ​ ​ ​ 392,600 ​ ​ ​ ​ ​ 16,575,572 ​ ​
Caterpillar Inc.
 ​ ​ ​ ​ 126,800 ​ ​ ​ ​ ​ 29,401,116 ​ ​
Honeywell International Inc.
 ​ ​ ​ ​ 127,800 ​ ​ ​ ​ ​ 27,741,546 ​ ​
Huntington Ingalls Industries, Inc.
 ​ ​ ​ ​ 64,000 ​ ​ ​ ​ ​ 13,174,400 ​ ​
Kansas City Southern
 ​ ​ ​ ​ 48,300 ​ ​ ​ ​ ​ 12,747,336 ​ ​
Knight-Swift Transportation Holdings Inc.
 ​ ​ ​ ​ 254,000 ​ ​ ​ ​ ​ 12,214,860 ​ ​
Parker-Hannifin Corporation
 ​ ​ ​ ​ 73,500 ​ ​ ​ ​ ​ 23,184,105 ​ ​
Raytheon Technologies Corporation
 ​ ​ ​ ​ 209,800 ​ ​ ​ ​ ​ 16,211,246 ​ ​
Union Pacific Corporation
 ​ ​ ​ ​ 51,700 ​ ​ ​ ​ ​ 11,395,197 ​ ​
United Rentals, Inc. (b)
 ​ ​ ​ ​ 43,800 ​ ​ ​ ​ ​ 14,423,778 ​ ​
​ ​ ​ ​ ​ 214,383,204 ​ ​
2​
​
Schedule of Investments (continued)
​
March 31, 2021
(unaudited)
​ ​ ​
Shares
 ​ ​
Value (a)
 ​
Information Technology — 26.3%
 ​
Accenture plc Class A
 ​ ​ ​ ​ 39,500 ​ ​ ​ ​ $ 10,911,875 ​ ​
Adobe Inc. (b)
 ​ ​ ​ ​ 55,800 ​ ​ ​ ​ ​ 26,525,646 ​ ​
Amphenol Corporation Class A
 ​ ​ ​ ​ 219,800 ​ ​ ​ ​ ​ 14,500,206 ​ ​
Apple Inc.
 ​ ​ ​ ​ 1,065,400 ​ ​ ​ ​ ​ 130,138,610 ​ ​
Arista Networks, Inc. (b)
 ​ ​ ​ ​ 44,700 ​ ​ ​ ​ ​ 13,494,483 ​ ​
CDW Corp.
 ​ ​ ​ ​ 66,900 ​ ​ ​ ​ ​ 11,088,675 ​ ​
Cisco Systems, Inc.
 ​ ​ ​ ​ 271,900 ​ ​ ​ ​ ​ 14,059,949 ​ ​
Fair Isaac Corporation (b)
 ​ ​ ​ ​ 24,600 ​ ​ ​ ​ ​ 11,956,830 ​ ​
Intuit Inc.
 ​ ​ ​ ​ 52,100 ​ ​ ​ ​ ​ 19,957,426 ​ ​
Lam Research Corporation
 ​ ​ ​ ​ 44,600 ​ ​ ​ ​ ​ 26,547,704 ​ ​
Mastercard Incorporated Class A
 ​ ​ ​ ​ 110,500 ​ ​ ​ ​ ​ 39,343,525 ​ ​
Microchip Technology Incorporated
 ​ ​ ​ ​ 113,200 ​ ​ ​ ​ ​ 17,570,904 ​ ​
Micron Technology, Inc. (b)
 ​ ​ ​ ​ 276,300 ​ ​ ​ ​ ​ 24,372,423 ​ ​
Microsoft Corporation
 ​ ​ ​ ​ 618,100 ​ ​ ​ ​ ​ 145,729,437 ​ ​
NVIDIA Corporation
 ​ ​ ​ ​ 58,100 ​ ​ ​ ​ ​ 31,021,333 ​ ​
Oracle Corporation
 ​ ​ ​ ​ 122,200 ​ ​ ​ ​ ​ 8,574,774 ​ ​
PayPal Holdings Inc. (b)
 ​ ​ ​ ​ 42,200 ​ ​ ​ ​ ​ 10,247,848 ​ ​
QUALCOMM Incorporated
 ​ ​ ​ ​ 157,500 ​ ​ ​ ​ ​ 20,882,925 ​ ​
Visa Inc. Class A
 ​ ​ ​ ​ 189,600 ​ ​ ​ ​ ​ 40,144,008 ​ ​
​ ​ ​ ​ ​ 617,068,581 ​ ​
Materials — 2.4%
 ​
Air Products and Chemicals, Inc.
 ​ ​ ​ ​ 15,900 ​ ​ ​ ​ ​ 4,473,306 ​ ​
DuPont de Nemours, Inc.
 ​ ​ ​ ​ 177,700 ​ ​ ​ ​ ​ 13,732,656 ​ ​
LyondellBasell Industries N.V.
 ​ ​ ​ ​ 114,800 ​ ​ ​ ​ ​ 11,944,940 ​ ​
Sherwin-Williams Company
 ​ ​ ​ ​ 20,200 ​ ​ ​ ​ ​ 14,907,802 ​ ​
Steel Dynamics, Inc.
 ​ ​ ​ ​ 235,200 ​ ​ ​ ​ ​ 11,938,752 ​ ​
​ ​ ​ ​ ​ 56,997,456 ​ ​
Real Estate — 2.3%
 ​
CBRE Group, Inc. Class A (b)
 ​ ​ ​ ​ 126,000 ​ ​ ​ ​ ​ 9,967,860 ​ ​
Equinix, Inc.
 ​ ​ ​ ​ 19,600 ​ ​ ​ ​ ​ 13,319,964 ​ ​
Prologis, Inc.
 ​ ​ ​ ​ 92,800 ​ ​ ​ ​ ​ 9,836,800 ​ ​
Simon Property Group, Inc.
 ​ ​ ​ ​ 91,900 ​ ​ ​ ​ ​ 10,455,463 ​ ​
Weyerhaeuser Company
 ​ ​ ​ ​ 292,700 ​ ​ ​ ​ ​ 10,420,120 ​ ​
​ ​ ​ ​ ​ 54,000,207 ​ ​
Utilities — 2.6%
 ​
CMS Energy Corporation
 ​ ​ ​ ​ 180,800 ​ ​ ​ ​ ​ 11,068,576 ​ ​
Edison International
 ​ ​ ​ ​ 198,100 ​ ​ ​ ​ ​ 11,608,660 ​ ​
NextEra Energy, Inc.
 ​ ​ ​ ​ 124,100 ​ ​ ​ ​ ​ 9,383,201 ​ ​
Public Service Enterprise Group Incorporated
 ​ ​ ​ ​ 233,900 ​ ​ ​ ​ ​ 14,083,119 ​ ​
Southern Company
 ​ ​ ​ ​ 222,800 ​ ​ ​ ​ ​ 13,849,248 ​ ​
​ ​ ​ ​ ​ 59,992,804 ​ ​
​
3
​
Schedule of Investments (continued)
​
March 31, 2021
(unaudited)
​ ​ ​
Shares
 ​ ​
Value (a)
 ​
Total Common Stocks ​
(Cost $1,384,876,617)
 ​ ​ ​ ​ ​ ​ ​ ​ ​ $ 2,340,330,512
Other Investments — 0.0% ​
Financials — 0.0%
 ​
Adams Funds Advisers, LLC (b)(d)(f)
 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
(Cost $150,000)
 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 466,000
Short-Term Investments — 0.4% ​
Money Market Funds — 0.4%
 ​
Morgan Stanley Institutional Liquidity Funds Prime Portfolio, 0.06% (e)
 ​ ​ ​ ​ 6,310,495 ​ ​ ​ ​ ​ 6,311,757
Northern Institutional Treasury Portfolio, 0.01% (e)
 ​ ​ ​ ​ 2,037,081 ​ ​ ​ ​ ​ 2,037,081
Total Short-Term Investments ​
(Cost $8,346,439)
 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 8,348,838
Total — 100.0% ​
(Cost $1,393,373,056)
 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2,349,145,350
Other Assets Less Liabilities — (0.0)% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (158,608 )
Net Assets — 100.0%
 ​ ​ ​ ​ ​ ​ ​ ​ ​ $ 2,348,986,742
​
​
(a)
Common stocks are listed on the New York Stock Exchange or NASDAQ and are valued at the last reported sale price on the day of valuation.
​
(b)
Presently non-dividend paying.
​
(c)
Non-controlled affiliate, a closed-end sector fund, registered as an investment company under the Investment Company Act of 1940.
​
(d)
Controlled affiliate valued using fair value procedures.
​
(e)
Rate presented is as of period-end and represents the annualized yield earned over the previous seven days.
​
(f)
During the three months ended March 31, 2021, investments in affiliates were as follows:
​
Affilate   Shares held   Net realized gain (loss) and capital gain distributions   Dividend income   Change in unrealized appreciation   Value March 31, 2021
Adams Funds Advisers, LLC (controlled)   n/a    $                          -       $                         -       $               -       $       466,000
Adams Natural Resources Fund, Inc. (non-controlled)   2,186,774                       65,603                    153,074         7,303,826        32,167,446
Total        $                 65,603    $              153,074    $  7,303,826    $ 32,633,446
​
​
Information regarding transactions in equity securities during the quarter can be found on our website at: www.adamsfunds.com.
4​