13F
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ADAMS DIVERSIFIED EQUITY FUND, INC.

13F equity value
$2.8B
Positions
99
Top 10 concentration
40.8%
Quarters / total new picks
32 / 447
13F equity value over time
$0M$2B$3B2017201820192020202120222023202420252026

"13F equity value" = market value of this filer's US-listed long equity positions only. It excludes cash, bonds, non-US and short positions, so it understates a fund's true assets under management — often by a lot.

Not significant Verdict

13F holdings are disclosed ~45 days after quarter-end, and they never reveal when within the quarter a fund actually bought. So any 13F-based summary is structurally late and blurred — this applies to every fund, including this one.

We backtested copying it anyway. Buying this fund's new positions the day each filing went public, over 32 quarters, returned +2.8% per quarter — versus +2.7% per quarter from simply owning every 13F stock. It beat that baseline in only 53.1% of quarters (excess t = -0.61, not statistically significant). Its filings tell you what it bought — not what you should buy.

Avg 2Q excess
-0.9%
t-stat
-0.61
Quarterly win rate
53%
Annualized excess
+1.1%
$1 → follow vs universe
$2.26 vs $2.09
Cumulative return: $1 invested in new picks vs universe
1.00 20180331: universe 1.04120180630: universe 0.95920180930: universe 1.00320181231: universe 0.99220190331: universe 0.97520190630: universe 1.04820190930: universe 1.12720191231: universe 0.90920200331: universe 1.09620200630: universe 1.21120200930: universe 1.48520201231: universe 1.55320210331: universe 1.56620210630: universe 1.69220210930: universe 1.51920211231: universe 1.29220220331: universe 1.38720220630: universe 1.28520220930: universe 1.38120221231: universe 1.28220230331: universe 1.35120230630: universe 1.30320230930: universe 1.47920231231: universe 1.54520240331: universe 1.58020240630: universe 1.72320240930: universe 1.70820241231: universe 1.59420250331: universe 1.73820250630: universe 1.79320250930: universe 2.01620251231: universe 2.085 20180331: follow 1.09420180630: follow 1.06120180930: follow 1.05820181231: follow 1.07520190331: follow 1.09220190630: follow 1.21620190930: follow 1.26820191231: follow 1.11520200331: follow 1.30220200630: follow 1.40020200930: follow 1.54420201231: follow 1.62820210331: follow 1.61120210630: follow 1.66620210930: follow 1.63020211231: follow 1.56620220331: follow 1.65620220630: follow 1.53520220930: follow 1.60420221231: follow 1.54420230331: follow 1.58020230630: follow 1.60920230930: follow 1.84920231231: follow 1.82820240331: follow 1.84020240630: follow 2.09720240930: follow 2.09120241231: follow 2.13820250331: follow 2.14320250630: follow 2.03820250930: follow 2.18020251231: follow 2.263 0.84 1.64 2.44 20182019202020212022202320242025 Follow Universe

Quarterly compounding, invested quarters only · entry 47 days after quarter-end (when 13F data becomes public)

Listed as facts. See the verdict above before treating this as signal.

Top 20 holdings of 99 · 2026 Q1

Ticker Value Weight QoQ
NVDA $221M
7.8%
HOLD
AAPL $195M
6.9%
TRIM
GOOGL $154M
5.4%
HOLD
MSFT $151M
5.3%
HOLD
AMZN $111M
3.9%
TRIM
AVGO $81M
2.9%
HOLD
PEO $73M
2.6%
HOLD
META $63M
2.2%
TRIM
JPM $60M
2.1%
HOLD
TSLA $48M
1.7%
ADD
LLY $47M
1.7%
HOLD
BAC $45M
1.6%
ADD
LRCX $43M
1.5%
TRIM
XLV $42M
1.5%
ADD
BRK/B $40M
1.4%
HOLD
GEV $38M
1.3%
TRIM
WMT $37M
1.3%
TRIM
MRK $36M
1.3%
TRIM
V $34M
1.2%
HOLD
PM $33M
1.2%
TRIM

QoQ vs previous quarter's share count · NEW = new position · ADD/TRIM = ±2% shares · HOLD = unchanged.

Listed as facts. See the verdict above before treating this as signal.

New positions in 2026 Q1

Method & Limitations

Method: a "new position" = held this quarter, absent last quarter (options excluded; stocks with <50 prior holders excluded to filter spin-off artifacts). Entry 47 days after quarter-end — the first day the public could act on the filing. Benchmark = equal-weighted universe of all 13F-held stocks. Limitations: quarterly snapshots can't see intra-quarter trades; survivorship bias — funds that shut down are absent, which flatters the sample. Statistics, not advice.