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Adams Diversified Equity Fund

164 hedge funds and large institutions have $514M invested in Adams Diversified Equity Fund in 2023 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 44 increasing their positions, 46 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

125% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 8

17% more funds holding in top 10

Funds holding in top 10: 67 (+1)

14% more capital invested

Capital invested by funds: $450M → $514M (+$63.8M)

5% more funds holding

Funds holding: 156164 (+8)

0.57% more ownership

Funds ownership: 24.78%25.35% (+0.57%)

4% less repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 46

Holders
164
Holders Change
+8
Holders Change %
+5.13%
% of All Funds
2.57%
Holding in Top 10
7
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+16.67%
% of All Funds
0.11%
New
18
Increased
44
Reduced
46
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Saba Capital Management
New York
$73.9M +$23.9M +1,501,582 +52%
Morgan Stanley
2
Morgan Stanley
New York
$63.3M -$4.12M -259,419 -6%
Lazard Asset Management
3
Lazard Asset Management
New York
$61.9M
1CP
4
1607 Capital Partners
Virginia
$39.4M -$776K -48,801 -2%
Allspring Global Investments
5
Allspring Global Investments
North Carolina
$24M -$764K -48,076 -3%
AW
6
Atlas Wealth
Ohio
$23.6M +$704K +44,300 +3%
CA
7
Cornerstone Advisors
North Carolina
$23.2M +$4.31M +271,072 +24%
BBPWM
8
Blue Bell Private Wealth Management
Pennsylvania
$20.4M +$293K +18,444 +2%
Cohen & Steers
9
Cohen & Steers
New York
$18.7M +$345K +21,704 +2%
Bank of America
10
Bank of America
North Carolina
$11.3M +$960K +60,375 +10%
RJFSA
11
Raymond James Financial Services Advisors
Florida
$9.72M -$82.5K -5,191 -0.9%
DBT
12
Dubuque Bank & Trust
Iowa
$7.61M -$85.7K -5,393 -1%
WW
13
Waterfront Wealth
Kansas
$7.07M +$974K +61,306 +18%
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$5.99M -$116K -7,292 -2%
BI
15
Bulldog Investors
New Jersey
$5.74M
B
16
Bensler
Washington
$5.68M +$66.8K +4,204 +1%
RJA
17
Raymond James & Associates
Florida
$5.32M +$575K +36,172 +13%
IWC
18
Integrated Wealth Concepts
Massachusetts
$4.54M -$333K -20,956 -7%
PIWA
19
Prevail Innovative Wealth Advisors
Kansas
$4.47M +$4.22M +265,731 New
IFO
20
Intrepid Family Office
Florida
$4.12M +$14.4K +903 +0.4%
COLIM
21
City of London Investment Management
United Kingdom
$3.96M -$143K -9,016 -4%
QC
22
Quantedge Capital
Singapore
$3.71M -$517K -32,500 -13%
FC
23
FCA Corp
Texas
$3.58M +$9.43K +593 +0.3%
Commonwealth Equity Services
24
Commonwealth Equity Services
Massachusetts
$3.54M -$167K -10,516 -5%
AAM
25
Advisors Asset Management
Colorado
$3.43M +$109K +6,870 +3%

ADX Hedge Fund Activity: Q2 2023 in Review

164 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Adams Diversified Equity Fund (ADX) for Q2 2023, worth a combined $514M — up 14% from $450M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new ADX positions and 8 closed out — a net gain of 10 holders — while 44 added to existing stakes and 46 trimmed.

The largest buyer was Saba Capital Management, adding an estimated $23.9M. The largest seller was Morgan Stanley, cutting an estimated $4.12M.

  • 164 institutional investors held Adams Diversified Equity Fund (ADX) as of Q2 2023, up from 156 in Q1 2023.
  • Funds reported $514M of Adams Diversified Equity Fund stock for Q2 2023, up 14% quarter-over-quarter.
  • 18 funds opened new Adams Diversified Equity Fund positions in Q2 2023 and 8 closed out, a net change of +10 holders.
  • The largest Adams Diversified Equity Fund buyer in Q2 2023 was Saba Capital Management, an estimated $23.9M added.
  • The largest Adams Diversified Equity Fund seller in Q2 2023 was Morgan Stanley, an estimated $4.12M sold.

Based on aggregated 13F filings for Q2 2023.