Adams Diversified Equity Fund
87 hedge funds and large institutions have $280M invested in Adams Diversified Equity Fund in 2016 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 31 increasing their positions, 24 reducing their positions, and 10 closing their positions.
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
29% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 24
0.1% less ownership
Funds ownership: 22.41% → 22.32% (-0.1%)
1% less capital invested
Capital invested by funds: $283M → $280M (-$3.33M)
3% less funds holding
Funds holding: 90 → 87 (-3)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$4.8M |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
+$4.13M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$2.93M |
| 4 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$2.89M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$10.1M |
| 2 |
Morgan Stanley
New York
|
-$3.54M |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$3.41M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.23M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$2.15M |
ADX Hedge Fund Activity: Q2 2016 in Review
87 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Adams Diversified Equity Fund (ADX) for Q2 2016, worth a combined $280M — down 1.2% from $283M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of ADX and 9 opened new positions — a net loss of 1 holder — while 24 trimmed existing stakes and 31 added.
The largest buyer was Cornerstone Advisors, adding an estimated $4.8M. The largest seller was Lazard Asset Management, cutting an estimated $10.1M.
- 87 institutional investors held Adams Diversified Equity Fund (ADX) as of Q2 2016, down from 90 in Q1 2016.
- Funds reported $280M of Adams Diversified Equity Fund stock for Q2 2016, down 1.2% quarter-over-quarter.
- 9 funds opened new Adams Diversified Equity Fund positions in Q2 2016 and 10 closed out, a net change of -1 holder.
- The largest Adams Diversified Equity Fund buyer in Q2 2016 was Cornerstone Advisors, an estimated $4.8M added.
- The largest Adams Diversified Equity Fund seller in Q2 2016 was Lazard Asset Management, an estimated $10.1M sold.
Based on aggregated 13F filings for Q2 2016.