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.
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: 6 → 7 (+1)
14% more capital invested
Capital invested by funds: $450M → $514M (+$63.8M)
5% more funds holding
Funds holding: 156 → 164 (+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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$23.9M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$4.31M |
| 3 |
WW
Waterfront Wealth
Overland Park,
Kansas
|
+$974K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$960K |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
+$738K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.12M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$3.78M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.52M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$776K |
| 5 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$764K |
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.