Adams Asset Advisors, LLC
Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q4 2025 ▲▼ | Q1 2026 ▲▼ | Change ▲▼ | Q4 2025 ▲▼ | Q1 2026 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| J P MORGAN EXCHANGE TRADED F | 0 | 1,087,055 | +1,087,055 | 0 | 60,353,294 | 6.77% | +60,353,294 |
| CALUMET INC(CLMT) | 5,156,271 | 3,202,232 | -1,954,039 | 102,455,105 | 114,960,129 | 12.90% | +12,505,024 |
| BERKSHIRE HATHAWAY INC | 6,837 | 32,945 | +26,108 | 3,436,618 | 15,787,244 | 1.77% | +12,350,626 |
| OCCIDENTAL PETE CORP WTS EXP 08/03/2027 | 468,312 | 468,312 | 0 | 9,022,967 | 20,090,585 | 2.25% | +11,067,618 |
| SUNOCO LP(SUN) | 571,547 | 565,822 | -5,725 | 29,954,778 | 36,761,455 | 4.12% | +6,806,677 |
| DORCHESTER MINERALS LP(DMLP) | 814,852 | 888,264 | +73,412 | 18,220,091 | 24,071,954 | 2.70% | +5,851,863 |
| VALERO ENERGY CORP NEW(VLO) | 65,621 | 64,384 | -1,237 | 10,682,443 | 15,907,999 | 1.78% | +5,225,556 |
| ENERGY TRANSFER LP(ET) | 1,422,619 | 1,441,757 | +19,138 | 23,458,987 | 27,825,910 | 3.12% | +4,366,923 |
| HF SINCLAIR CORP(DINO) | 243,842 | 243,842 | 0 | 11,236,239 | 15,213,302 | 1.71% | +3,977,063 |
| CHEVRON CORP(CVX) | 68,542 | 68,462 | -80 | 10,446,486 | 14,164,788 | 1.59% | +3,718,302 |
| PLAINS ALL AMERICAN PIPELINE LP(PAA) | 827,791 | 823,061 | -4,730 | 14,867,126 | 18,378,952 | 2.06% | +3,511,826 |
| ENTERPRISE PRODUCTS PPTNSLP(EPD) | 364,668 | 398,768 | +34,100 | 11,691,256 | 15,089,381 | 1.69% | +3,398,125 |
| VERIZON COMMUNICATIONS(VZ) | 289,825 | 293,729 | +3,904 | 11,804,572 | 14,745,196 | 1.65% | +2,940,624 |
| PROCTER AND GAMBLE CO(PG) | 5,483 | 21,044 | +15,561 | 785,769 | 3,039,595 | 0.34% | +2,253,826 |
| MARKEL GROUP INC(MKL) | 0 | 1,050 | +1,050 | 0 | 2,009,773 | 0.23% | +2,009,773 |
| ALTRIA GROUP INC(MO) | 235,728 | 235,728 | 0 | 13,592,058 | 15,555,670 | 1.74% | +1,963,612 |
| SELECT WATER SOLUTIONSINC CL A COM(WTTR) | 409,161 | 409,161 | 0 | 4,304,374 | 6,260,163 | 0.70% | +1,955,789 |
| AT&T(T) | 433,735 | 431,239 | -2,496 | 10,773,978 | 12,501,618 | 1.40% | +1,727,640 |
| NEWMONT CORP(NEM) | 202,569 | 198,962 | -3,607 | 20,226,515 | 21,537,636 | 2.42% | +1,311,121 |
| MPLX LP(MPLX) | 209,589 | 216,096 | +6,507 | 11,185,765 | 12,332,599 | 1.38% | +1,146,834 |
| ALLIANCE RESOURCE PAR LP(ARLP) | 255,397 | 255,397 | 0 | 5,932,872 | 7,061,727 | 0.79% | +1,128,855 |
| META PLATFORMS INC CLASS A(META) | 0 | 1,938 | +1,938 | 0 | 1,108,788 | 0.12% | +1,108,788 |
| PFIZER INC(PFE) | 341,161 | 341,545 | +384 | 8,494,909 | 9,590,584 | 1.08% | +1,095,675 |
| GLOBAL X FDS GLBL X MLP ETF GLBL X MLP ETF | 48,888 | 62,536 | +13,648 | 2,366,668 | 3,368,814 | 0.38% | +1,002,146 |
| AMGEN INC(AMGN) | 35,899 | 35,899 | 0 | 11,750,102 | 12,631,063 | 1.42% | +880,961 |
| W P CAREY INC COM(WPC) | 73,318 | 82,388 | +9,070 | 4,718,746 | 5,599,088 | 0.63% | +880,342 |
| BRISTOL-MYERS SQUIBB COCOM(BMY) | 123,294 | 123,294 | 0 | 6,650,478 | 7,477,781 | 0.84% | +827,303 |
| KINDER MORGAN INC(KMI) | 136,684 | 136,684 | 0 | 3,757,443 | 4,583,015 | 0.51% | +825,572 |
| PEPSICO INC(PEP) | 39,411 | 41,647 | +2,236 | 5,656,267 | 6,467,363 | 0.73% | +811,096 |
| KIMBELL RTY PARTNERS LP(KRP) | 0 | 55,780 | +55,780 | 0 | 807,137 | 0.09% | +807,137 |
| NNN REIT INC COM(NNN) | 47,524 | 62,214 | +14,690 | 1,883,376 | 2,614,854 | 0.29% | +731,478 |
| REALTY INCOME COPR REIT(O) | 44,286 | 52,465 | +8,179 | 2,496,402 | 3,209,809 | 0.36% | +713,407 |
| BLUE OWL CAPITAL INC COM CL A(OBDC) | 29,233 | 119,496 | +90,263 | 436,741 | 1,090,998 | 0.12% | +654,257 |
| BRITISH AMER TOBACCO F SPONSORED ADR(BTI) | 343,016 | 343,016 | 0 | 19,421,565 | 20,056,146 | 2.25% | +634,581 |
| WESTERN MIDSTREAM PARTNERS LP(WES) | 342,105 | 342,105 | 0 | 13,513,147 | 14,084,463 | 1.58% | +571,316 |
| SCHWAB US DIVIDEND EQUITY ETF | 227,090 | 220,019 | -7,071 | 6,229,079 | 6,750,183 | 0.76% | +521,104 |
| EXXON MOBIL CORP | 10,040 | 10,040 | 0 | 1,208,214 | 1,703,386 | 0.19% | +495,172 |
| STARWOOD PROPERTY TRUST INC(STWD) | 64,530 | 95,177 | +30,647 | 1,162,185 | 1,638,948 | 0.18% | +476,763 |
| RLJ LODGING TRUST(RLJ) | 112,432 | 134,902 | +22,470 | 2,799,557 | 3,251,138 | 0.36% | +451,581 |
| WILLIAMS COS INC(WMB) | 34,884 | 34,884 | 0 | 2,096,877 | 2,538,858 | 0.28% | +441,981 |
| GOLDMAN SACHS GROUP(GS) | 13,142 | 14,142 | +1,000 | 11,551,818 | 11,963,991 | 1.34% | +412,173 |
| HESS MIDSTREAM LP CL A(HESM) | 11,872 | 20,550 | +8,678 | 409,584 | 798,778 | 0.09% | +389,194 |
| DELEK LOGISTICS PARTNERS LP(DKL) | 70,288 | 70,288 | 0 | 3,136,251 | 3,497,531 | 0.39% | +361,280 |
| UNITED PARCEL SERVICE(UPS) | 36,047 | 39,924 | +3,877 | 3,575,502 | 3,927,723 | 0.44% | +352,221 |
| HORMEL FOODS COPR(HRL) | 255,275 | 281,883 | +26,608 | 6,050,017 | 6,384,650 | 0.72% | +334,633 |
| CUMMINS INC(CMI) | 29,259 | 28,377 | -882 | 14,935,257 | 15,267,394 | 1.71% | +332,137 |
| PEABODY ENERGY CORP(BTU) | 100,000 | 100,000 | 0 | 2,970,000 | 3,295,000 | 0.37% | +325,000 |
| ONEOK INC(OKE) | 18,941 | 18,941 | 0 | 1,392,163 | 1,712,077 | 0.19% | +319,914 |
| PLAINS GP HOLDINGS LP(PAGP) | 57,753 | 57,753 | 0 | 1,105,392 | 1,402,243 | 0.16% | +296,851 |
| ENBRIDGE INC COM(ENB) | 46,445 | 46,445 | 0 | 2,221,464 | 2,514,532 | 0.28% | +293,068 |
| ISHARES SELECT DIVIDEND ETF | 0 | 1,331 | +1,331 | 0 | 201,477 | 0.02% | +201,477 |
| GOLDMAN SACHS BDC INC(GSBD) | 340,245 | 374,609 | +34,364 | 3,157,474 | 3,326,528 | 0.37% | +169,054 |
| CISCO SYSTEMS INC(CSCO) | 157,148 | 157,148 | 0 | 12,105,110 | 12,193,113 | 1.37% | +88,003 |
| JOHNSON & JOHNSON(JNJ) | 2,347 | 2,347 | 0 | 485,711 | 573,701 | 0.06% | +87,990 |
| SUN COMMUNITIES REIT(SUI) | 22,270 | 22,270 | 0 | 2,759,476 | 2,805,129 | 0.31% | +45,653 |
| WEYERHAEUSER CO COM(WY) | 54,313 | 54,313 | 0 | 1,286,675 | 1,326,867 | 0.15% | +40,192 |
| ISHARES SILVER TRUST ETF IV(SLV) | 7,000 | 7,000 | 0 | 450,940 | 476,980 | 0.05% | +26,040 |
| SIMON PROPERTY GROUP INC(SPG) | 5,789 | 5,789 | 0 | 1,071,602 | 1,079,822 | 0.12% | +8,220 |
| TRINITY PETROLEUM TR | 10,020 | 10,020 | 0 | 525,048 | 531,060 | 0.06% | +6,012 |
| GLOBAL PARTNERS LP COMUNITS(GLP) | 9,860 | 9,860 | 0 | 412,641 | 415,106 | 0.05% | +2,465 |
| FIRST FINANCIAL BANKSHARES INC(FFIN) | 8,760 | 8,760 | 0 | 261,661 | 257,982 | 0.03% | -3,679 |
| UNIVERSAL CORP(UVV) | 142,083 | 142,083 | 0 | 7,494,878 | 7,487,774 | 0.84% | -7,104 |
| NUVEEN CHURCHILL DIRECT LEND | 87,695 | 91,021 | +3,326 | 1,169,851 | 1,157,787 | 0.13% | -12,064 |
| KAYNE ANDERSON BDC INC(KBDC) | 20,341 | 20,341 | 0 | 291,283 | 279,079 | 0.03% | -12,204 |
| KIMBERLY-CLARK CORP(KMB) | 79,671 | 83,167 | +3,496 | 8,038,007 | 8,023,120 | 0.90% | -14,887 |
| CONAGRA BRANDS INC(CAG) | 145,379 | 155,397 | +10,018 | 2,516,510 | 2,442,841 | 0.27% | -73,669 |
| GOLUB CAPITAL BDC INC(GBDC) | 146,834 | 150,523 | +3,689 | 1,992,537 | 1,905,621 | 0.21% | -86,916 |
| BLUE OWL CAPITAL CORP(OBDC) | 158,084 | 169,701 | +11,617 | 1,964,984 | 1,876,893 | 0.21% | -88,091 |
| MEDICAL PROPERTIES TRUST INC(MPT) | 271,226 | 271,226 | 0 | 1,356,130 | 1,255,776 | 0.14% | -100,354 |
| BLACKSTONE SECURED LENDING F(BXSL) | 49,337 | 50,169 | +832 | 1,299,043 | 1,188,504 | 0.13% | -110,539 |
| VANECK ETF TR VANECK BDC INCOME ETF BDC INCOME ETF | 76,171 | 74,079 | -2,092 | 1,080,105 | 948,211 | 0.11% | -131,894 |
| CRESCENT CAP BDC INC COM | 79,828 | 79,828 | 0 | 1,121,583 | 969,910 | 0.11% | -151,673 |
| ALPHABET INC CAPT STK CLA(GOOG) | 6,261 | 6,261 | 0 | 1,959,693 | 1,800,413 | 0.20% | -159,280 |
| GLOBAL X FDS US PREFERRED ETF US PFD ETF | 49,452 | 39,294 | -10,158 | 935,137 | 723,009 | 0.08% | -212,128 |
| MORGAN STANLEY DIRECT LENDIN(MSDL) | 111,397 | 114,432 | +3,035 | 1,835,823 | 1,597,471 | 0.18% | -238,352 |
| BROADCOM INC COM(AVGO) | 6,703 | 6,703 | 0 | 2,319,908 | 2,074,646 | 0.23% | -245,262 |
| ISHARES IBOXX INVESTMENT GRADE CORP BONDS | 10,662 | 8,484 | -2,178 | 1,174,891 | 924,716 | 0.10% | -250,175 |
| AH REALTY TRUST INC | 409,923 | 439,923 | +30,000 | 2,713,690 | 2,419,576 | 0.27% | -294,114 |
| MICROSOFT CORP(MSFT) | 13,924 | 17,324 | +3,400 | 6,733,925 | 6,412,825 | 0.72% | -321,100 |
| SCHWAB US LARGE-CAP GROWTH ETF | 48,782 | 41,598 | -7,184 | 1,591,269 | 1,211,750 | 0.14% | -379,519 |
| HP INC(HPQ) | 236,002 | 251,744 | +15,742 | 5,258,125 | 4,836,002 | 0.54% | -422,123 |
| FS KKR CAPITAL CORP(FSK) | 132,384 | 132,384 | 0 | 1,960,607 | 1,347,669 | 0.15% | -612,938 |
| CITIGROUP INC(C) | 150,376 | 149,307 | -1,069 | 17,547,375 | 16,932,907 | 1.90% | -614,468 |
| ABBVIE(ABBV) | 62,912 | 62,912 | 0 | 14,374,763 | 13,682,731 | 1.53% | -692,032 |
| APPLE INC(AAPL) | 78,074 | 78,074 | 0 | 21,225,197 | 19,814,400 | 2.22% | -1,410,797 |
| BANK OF AMERICA | 248,042 | 243,543 | -4,499 | 13,642,310 | 11,872,721 | 1.33% | -1,769,589 |
| WELLS FARGO & CO(WFC) | 159,768 | 159,768 | 0 | 14,890,378 | 12,719,130 | 1.43% | -2,171,248 |
| OCCIDENTAL PETROL CORP(OXY) | 3,282,753 | 1,682,753 | -1,600,000 | 134,986,803 | 109,378,945 | 12.27% | -25,607,858 |