Adams Asset Advisors, LLC Q3 2025 Filing

Filed October 9, 2025

Portfolio Value

$775.6B

Holdings

81

Report Date

Q3 2025

Filing Type

13F-HR

All Holdings (81 positions)

#StockSharesValue% PortfolioType
1
OXYOCCIDENTAL PETROL CORP
3,532,753$166.9B21.52%
2
CLMTCALUMET INC
5,406,271$98.7B12.72%
3
SUNSUNOCO LP
571,547$28.6B3.69%
4
ETENERGY TRANSFER LP
1,416,494$24.3B3.13%
5
AAPLAPPLE INC
85,468$21.8B2.81%
6
DMLPDORCHESTER MINERALS LP
746,675$19.3B2.49%
7
BMTABRITISH AMER TOBACCO F SPONSORED ADR
346,549$18.4B2.37%
8
NEMNEWMONT CORP
212,522$17.9B2.31%
9
MOALTRIA GROUP INC
238,344$15.7B2.03%
10
TRVCCITIGROUP INC
151,341$15.4B1.98%
11
ABBVABBVIE
63,429$14.7B1.89%
12
WFCWELLS FARGO & CO
160,888$13.5B1.74%
13
PAAPLAINS ALL AMERICAN PIPELINE LP
784,791$13.4B1.73%
14
BACBANK OF AMERICA
249,384$12.9B1.66%
15
WESWESTERN MIDSTREAM PARTNERS LP
327,105$12.9B1.66%
16
DINOHF SINCLAIR CORP
243,842$12.8B1.65%
17
CMICUMMINS INC
29,551$12.5B1.61%
18
TAT&T
437,240$12.3B1.59%
19
OXY/WSOCCIDENTAL PETE CORP WTS EXP 08/03/2027
468,312$11.9B1.54%
20
VLOVALERO ENERGY CORP NEW
65,962$11.2B1.45%
21
CSCOCISCO SYSTEMS INC
157,148$10.8B1.39%
22
CVXCHEVRON CORP
68,978$10.7B1.38%
23
MPLXMPLX LP
209,589$10.5B1.35%
24
GSGOLDMAN SACHS GROUP
13,142$10.5B1.35%
25
BACVERIZON COMMUNICATIONS
235,178$10.3B1.33%
26
AMGNAMGEN INC
36,182$10.2B1.32%
27
EPDENTERPRISE PRODUCTS PPTNSLP
296,668$9.3B1.20%
28
KMBKIMBERLY-CLARK CORP
71,457$8.9B1.15%
29
PFEPFIZER INC
341,161$8.7B1.12%
30
UVVUNIVERSAL CORP
143,987$8.0B1.04%
31
MSFTMICROSOFT CORP
14,237$7.4B0.95%
32
ARLPALLIANCE RESOURCE PAR LP
255,397$6.5B0.83%
33
7HPHP INC
236,002$6.4B0.83%
34
SCHDSCHWAB US DIVIDEND EQUITY ETF
231,589$6.3B0.82%
35
KHCKRAFT HEINZ CO
212,024$5.5B0.71%
36
BMYBRISTOL-MYERS SQUIBB COCOM
121,058$5.5B0.70%
37
WPCW P CAREY INC COM
71,438$4.8B0.62%
38
PEPPEPSICO INC
32,238$4.5B0.58%
39
WTTRSELECT WATER SOLUTIONSINC CL A COM
409,161$4.4B0.56%
40
KMIKINDER MORGAN INC
136,684$3.9B0.50%
41
CAGCONAGRA BRANDS INC
197,132$3.6B0.47%
42
BRK/BBERKSHIRE HATHAWAY INC
6,837$3.4B0.44%
43
GSBDGOLDMAN SACHS BDC INC
323,380$3.3B0.42%
44
UPSUNITED PARCEL SERVICE
39,333$3.3B0.42%
45
DKLDELEK LOGISTICS PARTNERS LP
70,288$3.2B0.41%
46
SUISUN COMMUNITIES REIT
22,270$2.9B0.37%
47
OREALTY INCOME COPR REIT
44,653$2.7B0.35%
48
BTUPEABODY ENERGY CORP
100,000$2.7B0.34%
49
RLJ 1.95 PERP ARLJ LODGING TRUST
97,958$2.5B0.32%
50
PLYMPLYMOUTH INDUSTRIAL REIT INC
108,000$2.4B0.31%
51
ENBENBRIDGE INC COM
46,445$2.3B0.30%
52
WMBWILLIAMS COS INC
34,884$2.2B0.28%
53
FSKFS KKR CAPITAL CORP
141,307$2.1B0.27%
54
GBDCGOLUB CAPITAL BDC INC
153,977$2.1B0.27%
55
AHHARMADA HOFFLER PROPERTIES
299,923$2.1B0.27%
56
NNNNNN REIT INC COM
43,112$1.8B0.24%
57
MLPAGLOBAL X FDS GLBL X MLP ETF
36,487$1.8B0.23%
58
MSDLMORGAN STANLEY DIRECT LENDIN
109,633$1.8B0.23%
59
OBDCBLUE OWL CAPITAL CORP
125,369$1.6B0.21%
60
GOOGLALPHABET INC CAPT STK CLA
6,261$1.5B0.20%
61
SCHGSCHWAB US LARGE-CAP GROWTH ETF
46,858$1.5B0.19%
62
OKEONEOK INC
18,941$1.4B0.18%
63
MPTMEDICAL PROPERTIES TRUST INC
271,226$1.4B0.18%
64
WYWEYERHAEUSER CO COM
54,313$1.3B0.17%
65
BXSLBLACKSTONE SECURED LENDING F
49,337$1.3B0.17%
66
LQDISHARES IBOXX INVESTMENT GRADE CORP BONDS
11,258$1.3B0.16%
67
NCDLNUVEEN CHURCHILL DIRECT LEND
87,695$1.2B0.16%
68
BIZDVANECK ETF TR VANECK BDC INCOME ETF
76,465$1.1B0.15%
69
XOMEXXON MOBIL CORP
10,040$1.1B0.15%
70
SPGSIMON PROPERTY GROUP INC
5,789$1.1B0.14%
71
PFFDGLOBAL X FDS US PREFERRED ETF
50,146$974.3M0.13%
72
PAGPPLAINS GP HOLDINGS LP
48,311$881.2M0.11%
73
STWDSTARWOOD PROPERTY TRUST INC
32,709$633.6M0.08%
74
TTYPTRINITY PETROLEUM TR
10,020$568.1M0.07%
75
PGPROCTER AND GAMBLE CO
3,641$559.4M0.07%
76
GLPGLOBAL PARTNERS LP COMUNITS
9,860$473.3M0.06%
77
JNJJOHNSON & JOHNSON
2,347$435.2M0.06%
78
SLVISHARES SILVER TRUST ETF IV
7,000$296.6M0.04%
79
FFINFIRST FINANCIAL BANKSHARES INC
8,760$294.8M0.04%
80
CCAPCRESCENT CAP BDC INC COM
17,639$251.5M0.03%
81
NXDTNEXPOINT DIVERSIFIED REAL ES
56,300$207.7M0.03%