Adams Asset Advisors, LLC
Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q2 2025 ▲▼ | Q3 2025 ▲▼ | Change ▲▼ | Q2 2025 ▲▼ | Q3 2025 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| OCCIDENTAL PETROL CORP(OXY) | 3,532,753 | 3,532,753 | 0 | 148,410,954 | 166,922,579 | 21.52% | +18,511,625 |
| CALUMET INC(CLMT) | 5,406,271 | 5,406,271 | 0 | 85,175,800 | 98,664,446 | 12.72% | +13,488,646 |
| NEWMONT CORP(NEM) | 218,258 | 212,522 | -5,736 | 12,715,711 | 17,917,730 | 2.31% | +5,202,019 |
| APPLE INC(AAPL) | 85,468 | 85,468 | 0 | 17,535,469 | 21,762,718 | 2.81% | +4,227,249 |
| BERKSHIRE HATHAWAY INC | 744 | 6,837 | +6,093 | 361,413 | 3,437,233 | 0.44% | +3,075,820 |
| ABBVIE(ABBV) | 63,429 | 63,429 | 0 | 11,773,691 | 14,686,351 | 1.89% | +2,912,660 |
| CUMMINS INC(CMI) | 29,551 | 29,551 | 0 | 9,677,952 | 12,481,456 | 1.61% | +2,803,504 |
| HF SINCLAIR CORP(DINO) | 244,909 | 243,842 | -1,067 | 10,060,862 | 12,762,690 | 1.65% | +2,701,828 |
| CITIGROUP INC(C) | 152,433 | 151,341 | -1,092 | 12,975,097 | 15,361,111 | 1.98% | +2,386,014 |
| VALERO ENERGY CORP NEW(VLO) | 65,962 | 65,962 | 0 | 8,866,612 | 11,230,690 | 1.45% | +2,364,078 |
| OCCIDENTAL PETE CORP WTS EXP 08/03/2027 | 468,312 | 468,312 | 0 | 9,698,742 | 11,941,956 | 1.54% | +2,243,214 |
| DORCHESTER MINERALS LP(DMLP) | 617,108 | 746,675 | +129,567 | 17,192,629 | 19,331,416 | 2.49% | +2,138,787 |
| BRITISH AMER TOBACCO F SPONSORED ADR(BTI) | 346,549 | 346,549 | 0 | 16,402,164 | 18,394,821 | 2.37% | +1,992,657 |
| ALTRIA GROUP INC(MO) | 238,344 | 238,344 | 0 | 13,974,090 | 15,744,984 | 2.03% | +1,770,894 |
| ENTERPRISE PRODUCTS PPTNSLP(EPD) | 248,234 | 296,668 | +48,434 | 7,697,736 | 9,276,808 | 1.20% | +1,579,072 |
| PFIZER INC(PFE) | 295,919 | 341,161 | +45,242 | 7,173,077 | 8,692,782 | 1.12% | +1,519,705 |
| PEABODY ENERGY CORP(BTU) | 100,000 | 100,000 | 0 | 1,342,000 | 2,652,000 | 0.34% | +1,310,000 |
| PLYMOUTH INDUSTRIAL REIT INC | 77,732 | 108,000 | +30,268 | 1,248,376 | 2,411,640 | 0.31% | +1,163,264 |
| BANK OF AMERICA | 249,384 | 249,384 | 0 | 11,800,851 | 12,865,720 | 1.66% | +1,064,869 |
| SELECT WATER SOLUTIONSINC CL A COM(WTTR) | 409,161 | 409,161 | 0 | 3,535,151 | 4,373,931 | 0.56% | +838,780 |
| CHEVRON CORP(CVX) | 68,978 | 68,978 | 0 | 9,876,959 | 10,711,594 | 1.38% | +834,635 |
| PEPSICO INC(PEP) | 28,554 | 32,238 | +3,684 | 3,770,270 | 4,527,505 | 0.58% | +757,235 |
| HP INC(HPQ) | 237,799 | 236,002 | -1,797 | 5,816,564 | 6,426,334 | 0.83% | +609,770 |
| ARMADA HOFFLER PROPERTIES | 220,241 | 299,923 | +79,682 | 1,513,056 | 2,102,460 | 0.27% | +589,404 |
| WELLS FARGO & CO(WFC) | 161,478 | 160,888 | -590 | 12,937,617 | 13,485,632 | 1.74% | +548,015 |
| PLAINS GP HOLDINGS LP(PAGP) | 20,909 | 48,311 | +27,402 | 406,262 | 881,193 | 0.11% | +474,931 |
| GLOBAL X FDS GLBL X MLP ETF | 25,975 | 36,487 | +10,512 | 1,303,945 | 1,766,701 | 0.23% | +462,756 |
| ALPHABET INC CAPT STK CLA(GOOG) | 6,261 | 6,261 | 0 | 1,103,376 | 1,522,049 | 0.20% | +418,673 |
| W P CAREY INC COM(WPC) | 71,975 | 71,438 | -537 | 4,489,800 | 4,827,066 | 0.62% | +337,266 |
| MICROSOFT CORP(MSFT) | 14,237 | 14,237 | 0 | 7,081,626 | 7,374,055 | 0.95% | +292,429 |
| REALTY INCOME COPR REIT(O) | 42,323 | 44,653 | +2,330 | 2,438,228 | 2,714,456 | 0.35% | +276,228 |
| CRESCENT CAP BDC INC COM | 0 | 17,639 | +17,639 | 0 | 251,532 | 0.03% | +251,532 |
| ENBRIDGE INC COM(ENB) | 46,445 | 46,445 | 0 | 2,104,887 | 2,343,615 | 0.30% | +238,728 |
| MEDICAL PROPERTIES TRUST INC(MPT) | 271,226 | 271,226 | 0 | 1,168,984 | 1,375,116 | 0.18% | +206,132 |
| WESTERN MIDSTREAM PARTNERS LP(WES) | 327,105 | 327,105 | 0 | 12,658,963 | 12,851,955 | 1.66% | +192,992 |
| DELEK LOGISTICS PARTNERS LP(DKL) | 70,288 | 70,288 | 0 | 3,018,870 | 3,200,916 | 0.41% | +182,046 |
| SCHWAB US DIVIDEND EQUITY ETF | 231,786 | 231,589 | -197 | 6,142,329 | 6,322,380 | 0.82% | +180,051 |
| BLUE OWL CAPITAL CORP(OBDC) | 100,430 | 125,369 | +24,939 | 1,440,166 | 1,600,962 | 0.21% | +160,796 |
| VERIZON COMMUNICATIONS(VZ) | 235,178 | 235,178 | 0 | 10,176,152 | 10,336,073 | 1.33% | +159,921 |
| SIMON PROPERTY GROUP INC(SPG) | 5,789 | 5,789 | 0 | 930,640 | 1,086,422 | 0.14% | +155,782 |
| RLJ LODGING TRUST(RLJ) | 97,958 | 97,958 | 0 | 2,317,686 | 2,471,480 | 0.32% | +153,794 |
| WEYERHAEUSER CO COM(WY) | 46,591 | 54,313 | +7,722 | 1,196,923 | 1,346,419 | 0.17% | +149,496 |
| SCHWAB US LARGE-CAP GROWTH ETF | 46,573 | 46,858 | +285 | 1,360,397 | 1,495,239 | 0.19% | +134,842 |
| AMGEN INC(AMGN) | 36,182 | 36,182 | 0 | 10,102,376 | 10,210,561 | 1.32% | +108,185 |
| GOLUB CAPITAL BDC INC(GBDC) | 137,723 | 153,977 | +16,254 | 2,017,642 | 2,107,945 | 0.27% | +90,303 |
| JOHNSON & JOHNSON(JNJ) | 2,347 | 2,347 | 0 | 358,504 | 435,180 | 0.06% | +76,676 |
| NNN REIT INC COM(NNN) | 40,766 | 43,112 | +2,346 | 1,760,276 | 1,835,278 | 0.24% | +75,002 |
| MORGAN STANLEY DIRECT LENDIN(MSDL) | 90,516 | 109,633 | +19,117 | 1,694,460 | 1,762,899 | 0.23% | +68,439 |
| ISHARES SILVER TRUST ETF IV(SLV) | 7,000 | 7,000 | 0 | 229,670 | 296,590 | 0.04% | +66,920 |
| SUN COMMUNITIES REIT(SUI) | 22,270 | 22,270 | 0 | 2,816,932 | 2,872,830 | 0.37% | +55,898 |
| EXXON MOBIL CORP | 10,040 | 10,040 | 0 | 1,082,312 | 1,132,010 | 0.15% | +49,698 |
| GLOBAL X FDS US PREFERRED ETF | 49,806 | 50,146 | +340 | 937,846 | 974,336 | 0.13% | +36,490 |
| ISHARES IBOXX INVESTMENT GRADE CORP BONDS | 11,180 | 11,258 | +78 | 1,225,485 | 1,254,975 | 0.16% | +29,490 |
| TRINITY PETROLEUM TR | 10,020 | 10,020 | 0 | 541,080 | 568,134 | 0.07% | +27,054 |
| WILLIAMS COS INC(WMB) | 34,884 | 34,884 | 0 | 2,191,064 | 2,209,901 | 0.28% | +18,837 |
| FIRST FINANCIAL BANKSHARES INC(FFIN) | 8,760 | 8,760 | 0 | 315,185 | 294,774 | 0.04% | -20,411 |
| PROCTER AND GAMBLE CO(PG) | 3,641 | 3,641 | 0 | 580,084 | 559,440 | 0.07% | -20,644 |
| NEXPOINT DIVERSIFIED REAL ES | 56,300 | 56,300 | 0 | 235,897 | 207,747 | 0.03% | -28,150 |
| GLOBAL PARTNERS LP COMUNITS(GLP) | 9,860 | 9,860 | 0 | 519,918 | 473,280 | 0.06% | -46,638 |
| VANECK ETF TR VANECK BDC INCOME ETF | 76,419 | 76,465 | +46 | 1,244,101 | 1,142,387 | 0.15% | -101,714 |
| GOLDMAN SACHS GROUP(GS) | 14,967 | 13,142 | -1,825 | 10,592,894 | 10,465,632 | 1.35% | -127,262 |
| KINDER MORGAN INC(KMI) | 136,684 | 136,684 | 0 | 4,018,510 | 3,869,524 | 0.50% | -148,986 |
| ONEOK INC(OKE) | 18,941 | 18,941 | 0 | 1,546,154 | 1,382,125 | 0.18% | -164,029 |
| CISCO SYSTEMS INC(CSCO) | 158,192 | 157,148 | -1,044 | 10,975,361 | 10,752,066 | 1.39% | -223,295 |
| NUVEEN CHURCHILL DIRECT LEND | 90,151 | 87,695 | -2,456 | 1,459,545 | 1,210,191 | 0.16% | -249,354 |
| BLACKSTONE SECURED LENDING F(BXSL) | 50,350 | 49,337 | -1,013 | 1,548,262 | 1,286,216 | 0.17% | -262,046 |
| KIMBERLY-CLARK CORP(KMB) | 71,125 | 71,457 | +332 | 9,169,435 | 8,884,963 | 1.15% | -284,472 |
| BRISTOL-MYERS SQUIBB COCOM(BMY) | 124,472 | 121,058 | -3,414 | 5,761,809 | 5,459,716 | 0.70% | -302,093 |
| AT&T(T) | 437,240 | 437,240 | 0 | 12,653,725 | 12,347,658 | 1.59% | -306,067 |
| MPLX LP(MPLX) | 209,589 | 209,589 | 0 | 10,795,929 | 10,468,971 | 1.35% | -326,958 |
| CONAGRA BRANDS INC(CAG) | 193,623 | 197,132 | +3,509 | 3,963,463 | 3,609,487 | 0.47% | -353,976 |
| GOLDMAN SACHS BDC INC(GSBD) | 325,788 | 323,380 | -2,408 | 3,665,115 | 3,288,775 | 0.42% | -376,340 |
| UNIVERSAL CORP(UVV) | 149,418 | 143,987 | -5,431 | 8,702,104 | 8,044,554 | 1.04% | -657,550 |
| FS KKR CAPITAL CORP(FSK) | 142,637 | 141,307 | -1,330 | 2,959,718 | 2,109,714 | 0.27% | -850,004 |
| STARWOOD PROPERTY TRUST INC(STWD) | 83,675 | 32,709 | -50,966 | 1,679,357 | 633,573 | 0.08% | -1,045,784 |
| PLAINS ALL AMERICAN PIPELINE LP(PAA) | 787,922 | 784,791 | -3,131 | 14,434,731 | 13,388,534 | 1.73% | -1,046,197 |
| ENERGY TRANSFER LP(ET) | 1,423,717 | 1,416,494 | -7,223 | 25,811,989 | 24,307,037 | 3.13% | -1,504,952 |
| UNITED PARCEL SERVICE(UPS) | 51,480 | 39,333 | -12,147 | 5,196,391 | 3,285,485 | 0.42% | -1,910,906 |
| SUNOCO LP(SUN) | 571,547 | 571,547 | 0 | 30,629,204 | 28,583,065 | 3.69% | -2,046,139 |
| KRAFT HEINZ CO(KHC) | 297,853 | 212,024 | -85,829 | 7,690,564 | 5,521,105 | 0.71% | -2,169,459 |
| ALLIANCE RESOURCE PAR LP(ARLP) | 334,845 | 255,397 | -79,448 | 8,752,848 | 6,457,713 | 0.83% | -2,295,135 |