Adams Asset Advisors, LLC Buys Sun Communities Inc, AT&T Inc, JM Smucker Co, Sells Occidental Petroleum Corp, Apple Inc, AAON Inc

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Apr 20, 2020
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Dallas, TX, based Investment company Adams Asset Advisors, LLC (Current Portfolio) buys Sun Communities Inc, AT&T Inc, JM Smucker Co, Energy Transfer LP, Wells Fargo, sells Occidental Petroleum Corp, Apple Inc, AAON Inc, BP Midstream Partners LP, Microsoft Corp during the 3-months ended 2020Q1, according to the most recent filings of the investment company, Adams Asset Advisors, LLC. As of 2020Q1, Adams Asset Advisors, LLC owns 73 stocks with a total value of $225 million. These are the details of the buys and sells.

For the details of Adams Asset Advisors, LLC's stock buys and sells, go to https://www.gurufocus.com/guru/adams+asset+advisors%2C+llc/current-portfolio/portfolio

These are the top 5 holdings of Adams Asset Advisors, LLC
  1. Occidental Petroleum Corp (OXY) - 3,843,212 shares, 19.74% of the total portfolio. Shares reduced by 39.54%
  2. Apple Inc (AAPL) - 38,630 shares, 4.36% of the total portfolio. Shares reduced by 36.41%
  3. Verizon Communications Inc (VZ) - 120,410 shares, 2.87% of the total portfolio. Shares reduced by 10.31%
  4. Intel Corp (INTC) - 113,673 shares, 2.73% of the total portfolio. Shares reduced by 26.57%
  5. Dorchester Minerals LP (DMLP) - 652,447 shares, 2.69% of the total portfolio. Shares reduced by 2.85%
New Purchase: Sun Communities Inc (SUI)

Adams Asset Advisors, LLC initiated holding in Sun Communities Inc. The purchase prices were between $101.94 and $172.66, with an estimated average price of $151.32. The stock is now traded at around $120.98. The impact to a portfolio due to this purchase was 2.68%. The holding were 48,480 shares as of .

New Purchase: AT&T Inc (T)

Adams Asset Advisors, LLC initiated holding in AT&T Inc. The purchase prices were between $26.77 and $39.37, with an estimated average price of $36.28. The stock is now traded at around $31.31. The impact to a portfolio due to this purchase was 2.23%. The holding were 172,887 shares as of .

New Purchase: JM Smucker Co (SJM)

Adams Asset Advisors, LLC initiated holding in JM Smucker Co. The purchase prices were between $95.79 and $118.86, with an estimated average price of $106.89. The stock is now traded at around $123.42. The impact to a portfolio due to this purchase was 1.71%. The holding were 34,653 shares as of .

New Purchase: Energy Transfer LP (ET)

Adams Asset Advisors, LLC initiated holding in Energy Transfer LP. The purchase prices were between $4.53 and $13.68, with an estimated average price of $10.77. The stock is now traded at around $6.18. The impact to a portfolio due to this purchase was 1.63%. The holding were 796,676 shares as of .

New Purchase: Wells Fargo & Co (WFC)

Adams Asset Advisors, LLC initiated holding in Wells Fargo & Co. The purchase prices were between $25.25 and $53.8, with an estimated average price of $42.87. The stock is now traded at around $28.10. The impact to a portfolio due to this purchase was 1.32%. The holding were 103,518 shares as of .

New Purchase: HollyFrontier Corp (HFC)

Adams Asset Advisors, LLC initiated holding in HollyFrontier Corp. The purchase prices were between $18.66 and $51.39, with an estimated average price of $37.79. The stock is now traded at around $27.01. The impact to a portfolio due to this purchase was 1.21%. The holding were 111,574 shares as of .

Added: 3M Co (MMM)

Adams Asset Advisors, LLC added to a holding in 3M Co by 21.51%. The purchase prices were between $117.87 and $181.37, with an estimated average price of $158.06. The stock is now traded at around $145.90. The impact to a portfolio due to this purchase was 0.23%. The holding were 21,118 shares as of .

Added: Amazon.com Inc (AMZN)

Adams Asset Advisors, LLC added to a holding in Amazon.com Inc by 36.67%. The purchase prices were between $1676.61 and $2170.22, with an estimated average price of $1936.38. The stock is now traded at around $2418.72. The impact to a portfolio due to this purchase was 0.05%. The holding were 205 shares as of .

Sold Out: AAON Inc (AAON)

Adams Asset Advisors, LLC sold out a holding in AAON Inc. The sale prices were between $41.27 and $59.78, with an estimated average price of $52.32.

Sold Out: BP Midstream Partners LP (BPMP)

Adams Asset Advisors, LLC sold out a holding in BP Midstream Partners LP. The sale prices were between $6.89 and $16.93, with an estimated average price of $13.12.

Sold Out: Wells Fargo & Co (WFCPL.PFD)

Adams Asset Advisors, LLC sold out a holding in Wells Fargo & Co. The sale prices were between $1061 and $1560, with an estimated average price of $1448.46.

Sold Out: Dow Inc (DOW)

Adams Asset Advisors, LLC sold out a holding in Dow Inc. The sale prices were between $22 and $54.73, with an estimated average price of $42.95.

Sold Out: SPDR S&P 500 (SPY)

Adams Asset Advisors, LLC sold out a holding in SPDR S&P 500. The sale prices were between $222.95 and $338.34, with an estimated average price of $307.42.

Sold Out: iShares Core MSCI Emerging Markets (IEMG)

Adams Asset Advisors, LLC sold out a holding in iShares Core MSCI Emerging Markets. The sale prices were between $36.22 and $55.44, with an estimated average price of $49.11.



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