Adams Diversified Equity Fund
154 hedge funds and large institutions have $539M invested in Adams Diversified Equity Fund in 2023 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 43 increasing their positions, 58 reducing their positions, and 16 closing their positions.
1.55% more ownership
Funds ownership: 25.35% → 26.9% (+1.5%)
5% more capital invested
Capital invested by funds: $514M → $539M (+$24.8M)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
6% less funds holding
Funds holding: 164 → 154 (-10)
26% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 58
50% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$40.8M |
| 2 |
Lazard Asset Management
New York
|
+$7.53M |
| 3 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$5.6M |
| 4 |
API
Advisor Partners II
Walnut Creek,
California
|
+$3.41M |
| 5 |
Cohen & Steers
New York
|
+$1.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$8.53M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$4.06M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$3.74M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$2.35M |
| 5 |
QC
Quantedge Capital
Singapore
|
-$1.67M |
ADX Hedge Fund Activity: Q3 2023 in Review
154 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Adams Diversified Equity Fund (ADX) for Q3 2023, worth a combined $539M — up 4.8% from $514M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of ADX and 8 opened new positions — a net loss of 8 holders — while 58 trimmed existing stakes and 43 added.
The largest buyer was Saba Capital Management, adding an estimated $40.8M. The largest seller was Morgan Stanley, cutting an estimated $8.53M.
- 154 institutional investors held Adams Diversified Equity Fund (ADX) as of Q3 2023, down from 164 in Q2 2023.
- Funds reported $539M of Adams Diversified Equity Fund stock for Q3 2023, up 4.8% quarter-over-quarter.
- 8 funds opened new Adams Diversified Equity Fund positions in Q3 2023 and 16 closed out, a net change of -8 holders.
- The largest Adams Diversified Equity Fund buyer in Q3 2023 was Saba Capital Management, an estimated $40.8M added.
- The largest Adams Diversified Equity Fund seller in Q3 2023 was Morgan Stanley, an estimated $8.53M sold.
Based on aggregated 13F filings for Q3 2023.