Business Context and Reporting Period
Company: ADAMS DIVERSIFIED EQUITY FUND, INC.
Filing Type: Form 13F Information Table
Reporting Period: March 31, 2026
Context: This filing discloses the equity securities held by the fund as of the end of the first quarter of 2026. The fund holds sole voting and dispositive authority over all reported positions.
Key Financial Metrics and Portfolio Composition
Total Portfolio Value: The filing lists individual security values but does not explicitly state a total aggregate portfolio value in the text provided. Summing the reported values indicates a portfolio exceeding $2.5 billion.
Top Holdings by Value:
- NVIDIA Corporation: $220,964,800 (1,267,000 shares)
- Apple Inc.: $194,733,067 (767,300 shares)
- Alphabet Inc. Class A: $153,988,380 (535,500 shares)
- Microsoft Corporation: $151,103,394 (408,200 shares)
- Amazon.com, Inc.: $111,257,834 (534,200 shares)
Liquidity and Debt: The filing text does not provide data on the fund's cash positions, debt levels, or liquidity ratios.
Material Changes and Portfolio Characteristics
Comparison to Prior Period: The provided text contains only the snapshot for March 31, 2026. It does not include data for the prior quarter (December 31, 2025) or year-over-year comparisons; therefore, material changes in holdings cannot be calculated from this document alone.
Concentration: The top five holdings (NVIDIA, Apple, Alphabet, Microsoft, Amazon) represent a significant concentration in the technology sector.
Diversification: The fund holds 90 distinct positions, including large-cap equities across technology, healthcare, financials, consumer staples, and energy, as well as three State Street Select Sector SPDR ETFs.
Guidance, Risks, and Management Commentary
Management Commentary: Form 13F filings are regulatory disclosures of holdings and do not contain management commentary, forward-looking guidance, or strategic outlooks.
Risks and Contingencies: The filing includes a standard SEC disclaimer stating that the Commission has not reviewed the information for accuracy. No specific risk factors or contingencies are detailed in this document.
Unusual Items: All reported positions are standard common stock or ETFs with sole voting authority. No unusual items or derivatives are present.
Important Facts for Investor Verification
- Top 5 Concentration: Verify the impact of the top five holdings (NVIDIA, Apple, Alphabet, Microsoft, Amazon), which collectively account for approximately $832 million of the reported portfolio.
- Technology Exposure: Confirm the fund's aggregate exposure to the technology sector, given the significant weight of semiconductor and software companies (e.g., NVIDIA, AMD, Broadcom, Meta, Salesforce).
- ETF Holdings: Note the inclusion of three State Street Select Sector SPDR ETFs (Communication Services, Financial, Health Care), which may indicate a strategic allocation to these specific sectors alongside individual stock picks.
- Reporting Lag: Acknowledge that Form 13F data is reported with a lag (typically 45 days after quarter-end) and reflects positions as of March 31, 2026, not current market values.
- Missing Data: Be aware that this filing does not disclose short positions, cash reserves, or the fund's total net asset value (NAV).