ADAMS DIVERSIFIED EQUITY FUND, INC.

Fundamental diversified ★Signal CIK 2230
League rank
#263
in Fundamental diversified · #1154 overall
Long book
$2.84B
Q1 2026
Positions
99
Top-10 weight
41%
concentration
Last quarter
+16.4%
SPY +14.8%
Turnover
37%
of book per quarter

Strategy in plain words

auto-generated from filings

ADAMS DIVERSIFIED EQUITY FUND, INC. is a diversified fundamental manager, running a $2.84B US long book across 99 positions.

The portfolio is moderately concentrated (top 10 ≈ 41% of the book). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: NVIDIA CORP, APPLE INC, ALPHABET INC-CL A, MICROSOFT CORP, AMAZON.COM INC.

Over the last 9 quarters its long book ran on average 0.1pp per quarter ahead of the S&P 500, beating the index in 4 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+4.7%
Q2 2024
+4.7%
Q3 2024
+1.8%
Q4 2024
-3.6%
Q1 2025
+11.9%
Q2 2025
+7.7%
Q3 2025
+2.4%
Q4 2025
-4.7%
Q1 2026
+16.4%

Sector allocation

Technology
43%
Industrials
12%
Financials
11%
Consumer discretionary
10%
Healthcare
8%
Services media
6%
Utilities
4%
Consumer staples
3%

Long book by quarter

$2.82B
Q1 2024
$2.93B
Q2 2024
$2.72B
Q3 2024
$2.64B
Q4 2024
$2.51B
Q1 2025
$2.79B
Q2 2025
$2.97B
Q3 2025
$3.01B
Q4 2025
$2.84B
Q1 2026

What does ADAMS DIVERSIFIED own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology1.3M$221.0M7.8%-0.9%
AAPL APPLE INCTechnology767.3K$194.7M6.9%-6.0%
GOOGL ALPHABET INC-CL ATechnology535.5K$154.0M5.4%Held
MSFT MICROSOFT CORPTechnology408.2K$151.1M5.3%-0.9%
AMZN AMAZON.COM INCConsumer discretionary534.2K$111.3M3.9%-2.8%
AVGO BROADCOM INCTechnology262.4K$81.2M2.9%-1.1%
META META PLATFORMS INC-CLASS ATechnology110.5K$63.2M2.2%-3.6%
JPM JPMORGAN CHASE & COFinancials204.9K$60.3M2.1%-1.0%
TSLA TESLA INCIndustrials128.9K$47.9M1.7%+5.8%
LLY ELI LILLY & COHealthcare50.8K$46.7M1.6%-1.2%
BAC BANK OF AMERICA CORPFinancials932.8K$45.5M1.6%+4.1%
LRCX LAM RESEARCH CORPIndustrials201.7K$43.1M1.5%-25.8%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials83.8K$40.2M1.4%Held
GEV GE VERNOVA INCIndustrials43.3K$37.8M1.3%-5.7%
WMT WALMART INCConsumer discretionary301.4K$37.5M1.3%-13.3%
MRK MERCK & CO. INC.Healthcare300.2K$36.1M1.3%-2.8%
V VISA INC-CLASS A SHARESServices media113.3K$34.2M1.2%Held
PM PHILIP MORRIS INTERNATIONALConsumer staples200.1K$33.1M1.2%-2.6%
GS GOLDMAN SACHS GROUP INCFinancials36.5K$30.9M1.1%-13.1%
SCHW SCHWAB (CHARLES) CORPFinancials322.8K$30.3M1.1%+36.2%
CVX CHEVRON CORPEnergy140.2K$29.0M1.0%-17.8%
ABBV ABBVIE INCHealthcare129.4K$28.1M1.0%-31.1%
PEP PEPSICO INCConsumer staples176.8K$27.5M1.0%+358.3%
CSCO CISCO SYSTEMS INCTechnology353.8K$27.5M1.0%-5.6%
AMD ADVANCED MICRO DEVICESTechnology128.0K$26.0M0.9%Held
ADI ANALOG DEVICES INCTechnology79.0K$25.1M0.9%Held
JNJ JOHNSON & JOHNSONHealthcare102.8K$25.1M0.9%Held
PH PARKER HANNIFIN CORPIndustrials27.9K$25.0M0.9%-2.4%
MTB M & T BANK CORPFinancials119.9K$24.8M0.9%+22.8%
GILD GILEAD SCIENCES INCHealthcare177.1K$24.7M0.9%Held
HD HOME DEPOT INCConsumer discretionary73.8K$24.3M0.9%-6.6%
LECO LINCOLN ELECTRIC HOLDINGSIndustrials97.3K$24.2M0.9%-2.4%
NEE NEXTERA ENERGY INCUtilities259.4K$24.1M0.8%+58.8%
FDX FEDEX CORPIndustrials65.5K$23.3M0.8%Held
MCD MCDONALD'S CORPConsumer discretionary74.4K$23.1M0.8%Held
JBHT HUNT (JB) TRANSPRT SVCS INCIndustrials107.1K$22.7M0.8%New
UBER UBER TECHNOLOGIES INCServices media314.3K$22.6M0.8%-8.3%
LHX L3HARRIS TECHNOLOGIES INCTechnology65.4K$22.6M0.8%Held
ETR ENTERGY CORPUtilities200.1K$22.5M0.8%-3.1%
NFLX NETFLIX INCServices media210.5K$20.2M0.7%-4.8%
ANET ARISTA NETWORKS INCTechnology163.8K$20.1M0.7%-19.6%
PCAR PACCAR INCIndustrials174.0K$20.1M0.7%New
ABNB AIRBNB INC-CLASS AServices media155.0K$19.6M0.7%New
ORLY O'REILLY AUTOMOTIVE INCConsumer discretionary208.5K$19.2M0.7%-1.5%
PFG PRINCIPAL FINANCIAL GROUPFinancials209.1K$18.8M0.7%New
MSCI MSCI INCServices media34.6K$18.6M0.7%New
PANW PALO ALTO NETWORKS INCTechnology116.2K$18.6M0.7%Held
BIIB BIOGEN INCHealthcare100.3K$18.4M0.6%+126.4%
JCI JOHNSON CONTROLS INTERNATIONIndustrials137.3K$18.0M0.6%-31.0%
TKO TKO GROUP HOLDINGS INCServices media88.5K$17.8M0.6%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 22, 202699$2.84B canonicalSEC ↗
Q4 202513F-HRFeb 13, 202689$3.01B canonicalSEC ↗
Q3 202513F-HROct 22, 202593$2.97B canonicalSEC ↗
Q2 202513F-HRJul 30, 202597$2.79B canonicalSEC ↗
Q1 202513F-HRApr 23, 202597$2.51B canonicalSEC ↗
Q4 202413F-HRFeb 11, 202595$2.64B canonicalSEC ↗
Q3 202413F-HROct 25, 2024100$2.72B canonicalSEC ↗
Q2 202413F-HRAug 1, 202497$2.93B canonicalSEC ↗
Q1 202413F-HRApr 24, 202490$2.82B canonicalSEC ↗