Saba Capital Management’s Adams Diversified Equity Fund ADX Stock Holding History

Saba Capital Management’s Portfolio ADX Stock Details ADX Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-1,339,238	Closed	-$29.9M	–	352
2025 Q3	$29.9M	Sell	1,339,238 -1,530,915	-53%	-$33.4M	0.82%	28
2025 Q2	$62.3M	Sell	2,870,153 -1,592,803	-36%	-$31.4M	1.46%	16
2025 Q1	$84.8M	Sell	4,462,956 -965,910	-18%	-$19.4M	2.29%	11
2024 Q4	$110M	Sell	5,428,866 -993,832	-15%	-$21.2M	2.57%	9
2024 Q3	$138M	Sell	6,422,698 -3,333,048	-34%	-$70.9M	2.89%	6
2024 Q2	$210M	Buy	9,755,746 +1,768,679	+22%	+$35.3M	3.49%	6
2024 Q1	$156M	Buy	7,987,067 +422,122	+6%	+$7.84M	2.67%	6
2023 Q4	$134M	Buy	7,564,945 +796,325	+12%	+$13.5M	2.69%	6
2023 Q3	$113M	Buy	6,768,620 +2,371,715	+54%	+$40.8M	2.7%	9
2023 Q2	$73.9M	Buy	4,396,905 +1,501,582	+52%	+$23.9M	1.92%	9
2023 Q1	$45M	Buy	+2,895,323	New	+$44.1M	0.86%	15
2017 Q2	–	Sell	-24,000	Closed	-$330K	–	105
2017 Q1	$330K	Buy	+24,000	New	+$322K	0.03%	85

Other funds holding ADX

Lazard Asset Management New York $66.1B AUM 33.53% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Raymond James Financial St Petersburg, Florida $369B AUM 28.27% 1-Year Est. Return

Cohen & Steers New York $63.2B AUM 17.15% 1-Year Est. Return

Bensler Bellevue, Washington $1.13B AUM 38.91% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $672B AUM 33.48% 1-Year Est. Return

BBPWM

Blue Bell Private Wealth Management Blue Bell, Pennsylvania $802M AUM 22.13% 1-Year Est. Return

1CP

1607 Capital Partners Richmond, Virginia $1.15B AUM 12.28% 1-Year Est. Return

Wealth Enhancement Advisory Services Plymouth, Minnesota $59.8B AUM 29.42% 1-Year Est. Return

LPL Financial San Diego, California $445B AUM 25.58% 1-Year Est. Return

Saba Capital Management's ADX Position: Q4 2025 in Review

Saba Capital Management sold out of Adams Diversified Equity Fund (ADX) in Q4 2025, closing a stake of 1,339,238 shares — an estimated $29.9M sold.

Saba Capital Management first reported a position in ADX in Q1 2017 and held it in 12 quarters. The position peaked at $210M in Q2 2024. 201 funds tracked by Wall St. Rank hold ADX as of Q4 2025.

Saba Capital Management reported no remaining Adams Diversified Equity Fund position as of Q4 2025 after selling out during the quarter.
Saba Capital Management sold 1,339,238 Adams Diversified Equity Fund shares in Q4 2025, an estimated $29.9M.
Saba Capital Management first reported a position in Adams Diversified Equity Fund in Q1 2017 and held it in 12 quarters.
Saba Capital Management's Adams Diversified Equity Fund position peaked at $210M in Q2 2024.
201 funds tracked by Wall St. Rank held Adams Diversified Equity Fund as of Q4 2025.

Based on Saba Capital Management's 13F filing for Q4 2025, filed 17 Feb 2026.