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

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
Estimated average burden
hours per response:		23.8

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
3M Company	COM	88579Y101	16,486,020	120,600	SH		SOLE		120,600	0	0
AbbVie, Inc.	COM	00287Y109	39,298,520	199,000	SH		SOLE		199,000	0	0
Accenture plc Class A	COM	G1151C101	9,479,980	26,819	SH		SOLE		26,819	0	0
Adams Natural Resources Fund, Inc.	COM	00548F105	51,982,126	2,238,679	SH		SOLE		2,238,679	0	0
Adobe Inc.	COM	00724F101	13,772,948	26,600	SH		SOLE		26,600	0	0
Alphabet Inc. Class A	COM	02079K305	95,960,810	578,600	SH		SOLE		578,600	0	0
Amazon.com, Inc.	COM	023135106	112,692,384	604,800	SH		SOLE		604,800	0	0
American International Group, Inc.	COM	026874784	19,376,658	264,600	SH		SOLE		264,600	0	0
American Tower Corporation	COM	03027X100	16,511,760	71,000	SH		SOLE		71,000	0	0
Analog Devices, Inc.	COM	032654105	22,579,677	98,100	SH		SOLE		98,100	0	0
Apple Inc.	COM	037833100	210,678,600	904,200	SH		SOLE		904,200	0	0
Arista Networks, Inc.	COM	040413106	23,678,240	61,691	SH		SOLE		61,691	0	0
Baker Hughes Company	COM	05722G100	8,310,885	229,900	SH		SOLE		229,900	0	0
Bank of America Corp.	COM	060505104	29,790,474	750,768	SH		SOLE		750,768	0	0
Berkshire Hathaway Inc. Class B	COM	084670702	38,037,267	82,643	SH		SOLE		82,643	0	0
Booking Holdings Inc.	COM	09857L108	26,115,144	6,200	SH		SOLE		6,200	0	0
Boston Scientific Corporation	COM	101137107	17,908,060	213,700	SH		SOLE		213,700	0	0
Broadcom Inc.	COM	11135F101	50,577,000	293,200	SH		SOLE		293,200	0	0
Carrier Global Corporation	COM	14448C104	14,045,505	174,500	SH		SOLE		174,500	0	0
CBRE Group, Inc. Class A	COM	12504L109	13,033,056	104,700	SH		SOLE		104,700	0	0
Cencora, Inc.	COM	03073E105	15,575,536	69,200	SH		SOLE		69,200	0	0
Chevron Corporation	COM	166764100	11,766,873	79,900	SH		SOLE		79,900	0	0
Cigna Group	COM	125523100	27,230,184	78,600	SH		SOLE		78,600	0	0
Cisco Systems, Inc.	COM	17275R102	12,389,616	232,800	SH		SOLE		232,800	0	0
Colgate-Palmolive Company	COM	194162103	20,242,950	195,000	SH		SOLE		195,000	0	0
Constellation Energy Corporation	COM	21037T109	5,980,460	23,000	SH		SOLE		23,000	0	0
Costco Wholesale Corporation	COM	22160K105	8,687,896	9,800	SH		SOLE		9,800	0	0
Danaher Corporation	COM	235851102	20,267,658	72,900	SH		SOLE		72,900	0	0
Diamondback Energy, Inc.	COM	25278X109	15,619,440	90,600	SH		SOLE		90,600	0	0
DTE Energy Company	COM	233331107	16,012,727	124,700	SH		SOLE		124,700	0	0
Eli Lilly and Company	COM	532457108	50,027,260	56,468	SH		SOLE		56,468	0	0
Energy Select Sector SPDR Fund	COM	81369Y506	5,206,540	59,300	SH		SOLE		59,300	0	0
Entergy Corporation	COM	29364G103	13,253,127	100,700	SH		SOLE		100,700	0	0
Freeport-McMoRan, Inc.	COM	35671D857	16,942,848	339,400	SH		SOLE		339,400	0	0
General Dynamics Corporation	COM	369550108	23,329,840	77,200	SH		SOLE		77,200	0	0
HCA Healthcare, Inc.	COM	40412C101	12,396,115	30,500	SH		SOLE		30,500	0	0
Health Care Select Sector SPDR Fund	COM	81369Y209	7,054,116	45,800	SH		SOLE		45,800	0	0
Hess Corporation	COM	42809H107	4,182,640	30,800	SH		SOLE		30,800	0	0
Home Depot, Inc.	COM	437076102	15,357,080	37,900	SH		SOLE		37,900	0	0
Hubbell Incorporated	COM	443510607	20,303,790	47,400	SH		SOLE		47,400	0	0
International Flavors & Fragrances Inc.	COM	459506101	7,103,761	67,700	SH		SOLE		67,700	0	0
Intuit Inc.	COM	461202103	26,827,200	43,200	SH		SOLE		43,200	0	0
Johnson & Johnson	COM	478160104	14,925,726	92,100	SH		SOLE		92,100	0	0
JPMorgan Chase & Co.	COM	46625H100	55,448,378	262,963	SH		SOLE		262,963	0	0
Lam Research Corporation	COM	512807108	26,277,776	32,200	SH		SOLE		32,200	0	0
Leidos Holdings, Inc.	COM	525327102	23,863,200	146,400	SH		SOLE		146,400	0	0
Linde plc	COM	G54950103	26,274,986	55,100	SH		SOLE		55,100	0	0
M&T Bank Corporation	COM	55261F104	14,142,728	79,400	SH		SOLE		79,400	0	0
Marsh & McLennan Companies, Inc.	COM	571748102	19,899,628	89,200	SH		SOLE		89,200	0	0
Mastercard Incorporated Class A	COM	57636Q104	15,091,516	30,562	SH		SOLE		30,562	0	0
McDonald's Corporation	COM	580135101	25,000,271	82,100	SH		SOLE		82,100	0	0
Merck & Co., Inc.	COM	58933Y105	9,811,584	86,400	SH		SOLE		86,400	0	0
Meta Platforms, Inc. Class A	COM	30303M102	76,821,448	134,200	SH		SOLE		134,200	0	0
Micron Technology, Inc.	COM	595112103	18,387,783	177,300	SH		SOLE		177,300	0	0
Microsoft Corporation	COM	594918104	202,197,970	469,900	SH		SOLE		469,900	0	0
Morgan Stanley	COM	617446448	24,086,632	231,069	SH		SOLE		231,069	0	0
MSCI Inc. Class A	COM	55354G100	10,842,498	18,600	SH		SOLE		18,600	0	0
Netflix, Inc.	COM	64110L106	27,180,645	38,322	SH		SOLE		38,322	0	0
NextEra Energy, Inc.	COM	65339F101	26,610,044	314,800	SH		SOLE		314,800	0	0
NVIDIA Corporation	COM	67066G104	173,052,000	1,425,000	SH		SOLE		1,425,000	0	0
Omnicom Group Inc.	COM	681919106	11,021,374	106,600	SH		SOLE		106,600	0	0
Oracle Corporation	COM	68389X105	8,315,520	48,800	SH		SOLE		48,800	0	0
O'Reilly Automotive, Inc.	COM	67103H107	21,304,600	18,500	SH		SOLE		18,500	0	0
Parker-Hannifin Corporation	COM	701094104	22,303,246	35,300	SH		SOLE		35,300	0	0
PayPal Holdings, Inc.	COM	70450Y103	15,925,923	204,100	SH		SOLE		204,100	0	0
PepsiCo, Inc.	COM	713448108	8,128,390	47,800	SH		SOLE		47,800	0	0
Philip Morris International Inc.	COM	718172109	25,898,869	213,335	SH		SOLE		213,335	0	0
PNC Financial Services Group, Inc.	COM	693475105	23,605,345	127,700	SH		SOLE		127,700	0	0
Post Holdings, Inc.	COM	737446104	14,480,325	125,100	SH		SOLE		125,100	0	0
PPG Industries, Inc.	COM	693506107	7,086,610	53,500	SH		SOLE		53,500	0	0
Prologis, Inc.	COM	74340W103	16,365,888	129,600	SH		SOLE		129,600	0	0
Public Storage	COM	74460D109	17,611,308	48,400	SH		SOLE		48,400	0	0
RTX Corporation	COM	75513E101	24,704,524	203,900	SH		SOLE		203,900	0	0
Regeneron Pharmaceuticals, Inc.	COM	75886F107	22,811,908	21,700	SH		SOLE		21,700	0	0
Republic Services, Inc.	COM	760759100	19,883,160	99,000	SH		SOLE		99,000	0	0
S&P Global, Inc.	COM	78409V104	17,926,714	34,700	SH		SOLE		34,700	0	0
Salesforce, Inc.	COM	79466L302	15,710,954	57,400	SH		SOLE		57,400	0	0
Skechers U.S.A., Inc. Class A	COM	830566105	16,790,228	250,900	SH		SOLE		250,900	0	0
Sysco Corporation	COM	871829107	17,337,126	222,100	SH		SOLE		222,100	0	0
Target Corporation	COM	87612E106	17,238,116	110,600	SH		SOLE		110,600	0	0
Technology Select Sector SPDR Fund	COM	81369Y803	24,607,840	109,000	SH		SOLE		109,000	0	0
Tesla, Inc.	COM	88160R101	31,866,534	121,800	SH		SOLE		121,800	0	0
Texas Instruments Incorporated	COM	882508104	10,659,012	51,600	SH		SOLE		51,600	0	0
Allstate Corporation	COM	020002101	19,818,425	104,500	SH		SOLE		104,500	0	0
Coca-Cola Company	COM	191216100	10,347,840	144,000	SH		SOLE		144,000	0	0
Procter & Gamble Company	COM	742718109	12,167,127	70,249	SH		SOLE		70,249	0	0
Thermo Fisher Scientific Inc.	COM	883556102	29,753,217	48,100	SH		SOLE		48,100	0	0
T-Mobile US, Inc.	COM	872590104	17,437,420	84,500	SH		SOLE		84,500	0	0
Trane Technologies plc	COM	G8994E103	23,790,276	61,200	SH		SOLE		61,200	0	0
TransDigm Group Incorporated	COM	893641100	24,118,497	16,900	SH		SOLE		16,900	0	0
Uber Technologies, Inc.	COM	90353T100	23,246,988	309,300	SH		SOLE		309,300	0	0
Ulta Beauty, Inc.	COM	90384S303	10,661,888	27,400	SH		SOLE		27,400	0	0
Union Pacific Corporation	COM	907818108	18,436,704	74,800	SH		SOLE		74,800	0	0
UnitedHealth Group Incorporated	COM	91324P102	18,943,632	32,400	SH		SOLE		32,400	0	0
Verizon Communications Inc.	COM	92343V104	18,475,974	411,400	SH		SOLE		411,400	0	0
Vertex Pharmaceuticals Incorporated	COM	92532F100	16,324,308	35,100	SH		SOLE		35,100	0	0
Visa Inc. Class A	COM	92826C839	38,427,287	139,761	SH		SOLE		139,761	0	0
Vistra Corp.	COM	92840M102	3,224,288	27,200	SH		SOLE		27,200	0	0
Walmart Inc.	COM	931142103	33,312,847	412,543	SH		SOLE		412,543	0	0
Zoetis, Inc. Class A	COM	98978V103	15,513,172	79,400	SH		SOLE		79,400	0	0