Adams Diversified Equity Fund portfolio

What changed this quarter

58 positions with a change (9 new, 14 added to, 23 trimmed, 12 sold). 7 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Home Depot−0.8 ppof portfolioSold out
  0.8% → —
• Costco Wholesale+155%more sharesIncreased
  0.4% → 1.0%
• Walmart−59%fewer sharesReduced
  1.0% → 0.4%
• International Business Machines−0.5 ppof portfolioSold out
  0.5% → —
• Monster Beverage+0.5 ppof portfolioNew
  — → 0.5%
• ServiceNow+0.5 ppof portfolioNew
  — → 0.5%
• Cintas+0.5 ppof portfolioNew
  — → 0.5%

The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight?: what it bought or sold, excluding price effects.

Top holdings

• NVIDIANVDA8.6%
• AppleAAPL7.4%
• MicrosoftMSFT6.2%
• AlphabetGOOGL5.6%
• Amazon.comAMZN4.0%
• BroadcomAVGO2.7%
• Meta PlatformsMETA2.4%
• Adam NAT RES FundPEO2.3%
• Advanced Micro DevicesAMD2.3%
• JPMorgan ChaseJPM2.1%
• Lam ResearchLRCX2.0%
• Eli LillyLLY1.8%
• Micron TechnologyMU1.7%
• VisaV1.5%
• Bank of AmericaBAC1.4%
• TeslaTSLA1.4%
• AbbVieABBV1.3%
• Palo Alto NetworksPANW1.3%
• Cisco SystemsCSCO1.3%
• MerckMRK1.2%
• Philip Morris InternationalPM1.1%
• Berkshire HathawayBRK/B1.1%
• Costco WholesaleCOST1.0%
• GE VernovaGEV1.0%
• Analog DevicesADI0.9%
• Arista NetworksANET0.8%
• Johnson & JohnsonJNJ0.8%
• UnitedHealth GroupUNH0.8%
• M&t BankMTB0.8%
• CaterpillarCAT0.8%
• Goldman Sachs GroupGS0.8%
• IdexIEX0.8%
• AirbnbABNB0.8%
• Vertex PharmaceuticalsVRTX0.7%
• CSXCSX0.7%
• Principal Financial GroupPFG0.7%
• PrologisPLD0.7%
• Palantir TechnologiesPLTR0.7%
• Johnson Controls InternationalJCI0.7%
• BiogenBIIB0.7%
• Howmet AerospaceHWM0.6%
• ConocoPhillipsCOP0.6%
• UBER TechnologiesUBER0.6%
• Nextera EnergyNEE0.6%
• MastercardMA0.6%
• Freeport-McMoRanFCX0.6%
• EntergyETR0.6%
• MSCIMSCI0.6%
• Hartford Insurance GroupHIG0.6%
• IntelINTC0.5%
• SandiskSNDK0.5%
• McDONALD’SMCD0.5%
• Monster BeverageMNST0.5%
• State Street Technology Select Sector ETFXLK0.5%
• Everest GroupEG0.5%
• Simon Property GroupSPG0.5%
• ServiceNowNOW0.5%
• CintasCTAS0.5%
• CVS HealthCVS0.5%
• MedtronicMDT0.5%
• EMCOR GroupEME0.5%
• Keysight TechnologiesKEYS0.5%
• Dollar GeneralDG0.5%
• TKO Group HoldingsTKO0.5%
• NucorNUE0.5%
• Air Products and ChemicalsAPD0.5%
• L3harris TechnologiesLHX0.5%
• BlackstoneBX0.5%
• StarbucksSBUX0.4%
• AmerenAEE0.4%
• Iron MountainIRM0.4%
• Carrier GlobalCARR0.4%
• CenteneCNC0.4%
• Burlington StoresBURL0.4%
• FedExFDX0.4%
• Morgan StanleyMS0.4%
• Targa ResourcesTRGP0.4%
• SnowflakeSNOW0.4%
• T-mobile USTMUS0.4%
• WalmartWMT0.4%
• Western DigitalWDC0.4%
• DexcomDXCM0.4%
• Vertiv HoldingsVRT0.4%
• Deckers OutdoorDECK0.4%
• Coca-ColaKO0.4%
• PultegroupPHM0.4%
• Take-two Interactive SoftwareTTWO0.3%
• TwilioTWLO0.3%
• OracleORCL0.3%
• Procter & GamblePG0.3%
• NetflixNFLX0.3%
• Lumentum HoldingsLITE0.3%
• HalliburtonHAL0.3%
• BoeingBA0.2%
• ChevronCVX0.2%
• CorningGLW0.2%
• Constellation EnergyCEG0.2%
• State Street Comm Select Sector SPDR ETFXLC0.2%
• PepsicoPEP0.1%
• Vistra OperationsVST0.1%