Adams Diversified Equity Fund, Inc.
Adams Diversified Equity Fund, Inc. is a publicly traded closed-end equity investment fund based in Baltimore, Maryland. Founded in 1929, the fund is managed by Adams Funds and focuses on a diversified portfolio of large-cap U.S. equities. The firm has a long history of serving individual and institutional investors by providing consistent income and capital gains distributions. As an employee-owned business, Adams Funds manages multiple listed investment vehicles and employs a small, specialized staff to oversee both internal research and operational administration.
Investment Strategy
The Adams Diversified Equity Fund employs an actively managed investment strategy centered on building a broadly diversified portfolio of high-quality, large-cap U.S. companies. The fund seeks to deliver superior long-term returns by outperforming its benchmark, typically the S&P 500, through fundamental research and disciplined stock selection. It aims to generate both capital appreciation and regular income through quarterly distributions that include both dividend income and realized capital gains. The portfolio is allocated across sectors and is periodically rebalanced to manage risk, pursue superior risk-adjusted returns, and ensure appropriate diversification.
Top Holdings
Equity Positions (92)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
N NVDA | NVIDIA Corporation | 8.26% | $245.3M | 1,314,800 | $12.36 | $186.58 | +$35.5M |
M MSFT | Microsoft Corporation | 7.40% | $219.8M | 424,300 | $71.30 | $517.95 | +$3.7M |
A AAPL | Apple Inc. | 7.06% | $209.5M | 822,900 | $47.68 | $254.63 | +$39.0M |
G GOOGL | Alphabet Inc. Class A | 4.37% | $129.6M | 533,000 | $82.90 | $243.10 | +$34.3M |
A AMZN | Amazon.com, Inc. | 3.87% | $114.8M | 522,700 | $46.31 | $219.57 | +$94.1K |
Industry Allocation
Investment Team (10)
| Name | Role | Location | |
|---|---|---|---|
B Brian Hook | Vice President, Chief Financial Officer and Treasurer | Baltimore, MD , United States | |
D David Schiminger | analyst | Baltimore, MD , United States | |
M Michael Kijesky | Vice President | Baltimore, MD , United States | |
 | Sr. Equity Analyst and Portfolio Manager | Scituate, MA , United States | |
W William Reinhardt | Senior Equity Analyst - Industrials | FL , United States | |
 | Equity Research Analyst | Baltimore, MD , United States | |
G Greg Buckley | Portfolio Manager | United States | |
J Jeff Schollaert | Senior Equity Analyst | Baltimore, MD , United States | |
N Nancy Prue | Executive Vice President | Baltimore, MD , United States | |
S Steven Crain | Senior Equity Analyst, Vice President, CFA | Ellicott City, MD , United States |