Adams Diversified Equity Fund (ADX) 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
Abbott Laboratories	COM	002824100	28,912,104	265,200	SH		SOLE		265,200	0	0
Accenture plc Class A	COM	G1151C101	31,203,301	101,119	SH		SOLE		101,119	0	0
Adams Natural Resources Fund, Inc.	COM	00548F105	45,528,635	2,186,774	SH		SOLE		2,186,774	0	0
Advanced Micro Devices, Inc.	COM	007903107	12,108,633	106,300	SH		SOLE		106,300	0	0
AES Corporation	COM	00130H105	12,075,225	582,500	SH		SOLE		582,500	0	0
Air Products and Chemicals, Inc.	COM	009158106	8,027,404	26,800	SH		SOLE		26,800	0	0
Allegion plc	COM	G0176J109	18,003,000	150,000	SH		SOLE		150,000	0	0
Alphabet Inc. Class A	COM	02079K305	87,297,210	729,300	SH		SOLE		729,300	0	0
Altria Group, Inc.	COM	02209S103	14,332,920	316,400	SH		SOLE		316,400	0	0
Amazon.com, Inc.	COM	023135106	70,146,716	538,100	SH		SOLE		538,100	0	0
American Water Works Company, Inc.	COM	030420103	15,386,023	107,783	SH		SOLE		107,783	0	0
AmerisourceBergen Corporation	COM	03073E105	25,323,788	131,600	SH		SOLE		131,600	0	0
ANSYS, Inc.	COM	03662Q105	17,207,067	52,100	SH		SOLE		52,100	0	0
Apple Inc.	COM	037833100	185,144,365	954,500	SH		SOLE		954,500	0	0
Arista Networks, Inc.	COM	040413106	22,686,941	139,991	SH		SOLE		139,991	0	0
Automatic Data Processing, Inc.	COM	053015103	10,000,445	45,500	SH		SOLE		45,500	0	0
Bank of America Corp.	COM	060505104	10,551,264	367,768	SH		SOLE		367,768	0	0
Becton, Dickinson and Company	COM	075887109	16,870,239	63,900	SH		SOLE		63,900	0	0
Berkshire Hathaway Inc. Class B	COM	084670702	24,737,163	72,543	SH		SOLE		72,543	0	0
Booking Holdings Inc.	COM	09857L108	28,353,465	10,500	SH		SOLE		10,500	0	0
Carrier Global Corporation	COM	14448C104	21,674,554	436,020	SH		SOLE		436,020	0	0
CenterPoint Energy, Inc.	COM	15189T107	13,426,490	460,600	SH		SOLE		460,600	0	0
Charles Schwab Corp.	COM	808513105	20,263,100	357,500	SH		SOLE		357,500	0	0
Chubb Limited	COM	H1467J104	16,329,088	84,800	SH		SOLE		84,800	0	0
Cisco Systems, Inc.	COM	17275R102	25,999,350	502,500	SH		SOLE		502,500	0	0
Colgate-Palmolive Company	COM	194162103	12,210,840	158,500	SH		SOLE		158,500	0	0
Comcast Corporation Class A	COM	20030N101	26,862,075	646,500	SH		SOLE		646,500	0	0
CVS Health Corporation	COM	126650100	14,764,371	213,574	SH		SOLE		213,574	0	0
DexCom, Inc.	COM	252131107	25,053,924	194,957	SH		SOLE		194,957	0	0
Diamondback Energy, Inc.	COM	25278X109	15,001,312	114,200	SH		SOLE		114,200	0	0
Digital Realty Trust, Inc.	COM	253868103	14,006,010	123,000	SH		SOLE		123,000	0	0
DuPont de Nemours, Inc.	COM	26614N102	10,836,448	151,686	SH		SOLE		151,686	0	0
Eli Lilly and Company	COM	532457108	36,002,657	76,768	SH		SOLE		76,768	0	0
Exxon Mobil Corporation	COM	30231G102	15,891,661	148,174	SH		SOLE		148,174	0	0
Generac Holdings Inc.	COM	368736104	4,190,553	28,100	SH		SOLE		28,100	0	0
Health Care Select Sector SPDR Fund	COM	81369Y209	21,966,815	165,500	SH		SOLE		165,500	0	0
Home Depot, Inc.	COM	437076102	18,017,120	58,000	SH		SOLE		58,000	0	0
IDEXX Laboratories, Inc.	COM	45168D104	17,226,489	34,300	SH		SOLE		34,300	0	0
Industrial Select Sector SPDR Fund	COM	81369Y704	16,151,660	150,500	SH		SOLE		150,500	0	0
Ingersoll Rand Inc.	COM	45687V106	17,470,728	267,300	SH		SOLE		267,300	0	0
Intuit Inc.	COM	461202103	21,809,844	47,600	SH		SOLE		47,600	0	0
Johnson & Johnson	COM	478160104	16,750,624	101,200	SH		SOLE		101,200	0	0
JPMorgan Chase & Co.	COM	46625H100	45,531,883	313,063	SH		SOLE		313,063	0	0
Lam Research Corporation	COM	512807108	31,435,854	48,900	SH		SOLE		48,900	0	0
Las Vegas Sands Corp.	COM	517834107	13,328,400	229,800	SH		SOLE		229,800	0	0
Linde plc	COM	G54950103	19,282,648	50,600	SH		SOLE		50,600	0	0
Lockheed Martin Corporation	COM	539830109	27,259,560	59,211	SH		SOLE		59,211	0	0
Manhattan Associates, Inc.	COM	562750109	22,326,596	111,700	SH		SOLE		111,700	0	0
Marathon Petroleum Corporation	COM	56585A102	13,646,514	117,037	SH		SOLE		117,037	0	0
MarketAxess Holdings Inc.	COM	57060D108	8,360,473	31,981	SH		SOLE		31,981	0	0
Mastercard Incorporated Class A	COM	57636Q104	33,887,515	86,162	SH		SOLE		86,162	0	0
Merck & Co., Inc.	COM	58933Y105	25,766,587	223,300	SH		SOLE		223,300	0	0
Meta Platforms, Inc. Class A	COM	30303M102	40,607,670	141,500	SH		SOLE		141,500	0	0
Micron Technology, Inc.	COM	595112103	18,264,034	289,400	SH		SOLE		289,400	0	0
Microsoft Corporation	COM	594918104	176,297,558	517,700	SH		SOLE		517,700	0	0
Monster Beverage Corporation	COM	61174X109	13,938,850	242,668	SH		SOLE		242,668	0	0
Morgan Stanley	COM	617446448	22,363,613	261,869	SH		SOLE		261,869	0	0
Netflix, Inc.	COM	64110L106	28,949,884	65,722	SH		SOLE		65,722	0	0
NVIDIA Corporation	COM	67066G104	70,390,528	166,400	SH		SOLE		166,400	0	0
Oracle Corporation	COM	68389X105	13,028,446	109,400	SH		SOLE		109,400	0	0
O'Reilly Automotive, Inc.	COM	67103H107	22,927,200	24,000	SH		SOLE		24,000	0	0
PepsiCo, Inc.	COM	713448108	14,595,336	78,800	SH		SOLE		78,800	0	0
Philip Morris International Inc.	COM	718172109	22,202,205	227,435	SH		SOLE		227,435	0	0
Pioneer Natural Resources Company	COM	723787107	13,176,648	63,600	SH		SOLE		63,600	0	0
PPG Industries, Inc.	COM	693506107	11,686,040	78,800	SH		SOLE		78,800	0	0
PPL Corporation	COM	69351T106	15,254,190	576,500	SH		SOLE		576,500	0	0
Prologis, Inc.	COM	74340W103	21,435,724	174,800	SH		SOLE		174,800	0	0
Public Storage	COM	74460D109	12,638,404	43,300	SH		SOLE		43,300	0	0
QUALCOMM Incorporated	COM	747525103	18,165,504	152,600	SH		SOLE		152,600	0	0
Quanta Services, Inc.	COM	74762E102	23,377,550	119,000	SH		SOLE		119,000	0	0
Regeneron Pharmaceuticals, Inc.	COM	75886F107	14,370,800	20,000	SH		SOLE		20,000	0	0
T. Rowe Price Group, Inc.	COM	74144T108	16,097,274	143,700	SH		SOLE		143,700	0	0
Technology Select Sector SPDR Fund	COM	81369Y803	14,847,644	85,400	SH		SOLE		85,400	0	0
Teck Resources Limited	COM	878742204	9,657,740	229,400	SH		SOLE		229,400	0	0
Tesla, Inc.	COM	88160R101	34,422,755	131,500	SH		SOLE		131,500	0	0
Boeing Company	COM	097023105	26,432,375	125,177	SH		SOLE		125,177	0	0
Coca-Cola Company	COM	191216100	9,978,454	165,700	SH		SOLE		165,700	0	0
Procter & Gamble Company	COM	742718109	39,672,271	261,449	SH		SOLE		261,449	0	0
Thermo Fisher Scientific Inc.	COM	883556102	29,844,100	57,200	SH		SOLE		57,200	0	0
TJX Companies, Inc.	COM	872540109	22,075,924	260,360	SH		SOLE		260,360	0	0
Tractor Supply Company	COM	892356106	20,427,650	92,391	SH		SOLE		92,391	0	0
TransDigm Group Incorporated	COM	893641100	23,874,339	26,700	SH		SOLE		26,700	0	0
Uber Technologies, Inc.	COM	90353T100	17,505,435	405,500	SH		SOLE		405,500	0	0
Union Pacific Corporation	COM	907818108	18,947,812	92,600	SH		SOLE		92,600	0	0
UnitedHealth Group Incorporated	COM	91324P102	43,545,984	90,600	SH		SOLE		90,600	0	0
Ventas, Inc.	COM	92276F100	9,737,620	206,000	SH		SOLE		206,000	0	0
Verizon Communications Inc.	COM	92343V104	17,211,532	462,800	SH		SOLE		462,800	0	0
Visa Inc. Class A	COM	92826C839	46,394,330	195,361	SH		SOLE		195,361	0	0
Walmart Inc.	COM	931142103	31,998,862	203,581	SH		SOLE		203,581	0	0
Wells Fargo & Company	COM	949746101	31,958,784	748,800	SH		SOLE		748,800	0	0
Willis Towers Watson plc	COM	G96629103	22,772,850	96,700	SH		SOLE		96,700	0	0
YUM! Brands, Inc.	COM	988498101	15,683,860	113,200	SH		SOLE		113,200	0	0