# EDGAR Filing Document

**Accession Number:** 0000002230
**File Stem:** 0001104659-25-082959
**Filing Date:** 2025-8
**Character Count:** 41299
**Document Hash:** f17491b9274d80ae5797e8adfa1687ab
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-25-082959.hdr.sgml**: 20250826

**ACCESSION NUMBER**: 0001104659-25-082959

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250826

**DATE AS OF CHANGE**: 20250826

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ADAMS DIVERSIFIED EQUITY FUND, INC.
- **CENTRAL INDEX KEY:** 0000002230

**ORGANIZATION NAME:**
- **EIN:** 134912740
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-00248
- **FILM NUMBER:** 251255005

**BUSINESS ADDRESS:**
- **STREET 1:** 500 EAST PRATT STREET
- **STREET 2:** SUITE 1300
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21202
- **BUSINESS PHONE:** 4107525900

**MAIL ADDRESS:**
- **STREET 1:** 500 EAST PRATT STREET
- **STREET 2:** SUITE 1300
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ADAMS DIVERSIFIED EQUITY FUND
- **DATE OF NAME CHANGE:** 20150331

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ADAMS EXPRESS CO
- **DATE OF NAME CHANGE:** 19920703

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Adams Diversified Equity Fund, Inc.

- **b. Investment Company Act file number:** 811-00248

- **c. CIK number of Registrant:** 0000002230

- **d. LEI of Registrant:** 5493005W7G81BNPP7M23

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 500 East Pratt Street

  - **City:** Baltimore

  - **State:** MD

  - **Foreign country:** US

  - **Zip / Postal Code:** 21202

  - **Telephone number:** 410-752-5900

**Item A.2. Information about the Series.**

- **a. Name of Series:** N/A

- **c. LEI of Series:** N/A

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-06-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $2828399964.00

**Total Liabilities:** $23440687.00

**Net Assets:** $2804959277.00

**Cash Not Reported:** $256654.00

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000000000 | 1.60%                | 8.40%                | 6.20%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $8182291.13              | $-13461201.95                              |
| Month 2  | $5538965.80              | $156064746.20                              |
| Month 3  | $25450348.90             | $116791109.73                              |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                                            | Title                                                           | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Adams Natural Resources Fund, Inc.                              | Adams Natural Resources Fund, Inc.                              | CUSIP: 00548F105<br>LEI: 549300LPTQAH0G3NGD42 | Long             | EC               | RF                | US        |   2456181 | NS      | $52488587.97  | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Boeing Company                                                  | Boeing Company                                                  | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |    120600 | NS      | $25269318.00  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Carrier Global Corporation                                      | Carrier Global Corporation                                      | CUSIP: 14448C104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    277200 | NS      | $20288268.00  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Company                                                 | Deere & Company                                                 | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |     46000 | NS      | $23390540.00  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Aerospace                                                    | GE Aerospace                                                    | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |    160700 | NS      | $41362573.00  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova Inc.                                                 | GE Vernova Inc.                                                 | CUSIP: 36828A101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     45200 | NS      | $23917580.00  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Parker-Hannifin Corporation                                     | Parker-Hannifin Corporation                                     | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |     22700 | NS      | $15855269.00  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Paycom Software, Inc.                                           | Paycom Software, Inc.                                           | CUSIP: 70432V102<br>LEI: 254900LSB0HNJUDC6Q18 | Long             | EC               | CORP              | US        |     41500 | NS      | $9603100.00   | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic Services, Inc.                                         | Republic Services, Inc.                                         | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |     68500 | NS      | $16892785.00  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corporation                                                 | RTX Corporation                                                 | CUSIP: 75513E101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    103500 | NS      | $15113070.00  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Trane Technologies plc                                          | Trane Technologies plc                                          | CUSIP: G8994E103<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |     31600 | NS      | $13822156.00  | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Baker Hughes Company                                            | Baker Hughes Company                                            | CUSIP: 05722G100<br>LEI: 549300XU3XH6F05YEQ93 | Long             | EC               | CORP              | US        |    309400 | NS      | $11862396.00  | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies, Inc.                                         | Uber Technologies, Inc.                                         | CUSIP: 90353T100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    309300 | NS      | $28857690.00  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                                                | Amazon.com, Inc.                                                | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    522700 | NS      | $114675153.00 | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc.                                           | Booking Holdings Inc.                                           | CUSIP: 09857L108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5600 | NS      | $32419744.00  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Consumer Discretionary Select Sector SPDR Fund                  | Consumer Discretionary Select Sector SPDR Fund                  | CUSIP: 81369Y407<br>LEI: 549300CD2I087Y919K79 | Long             | EC               | RF                | US        |     31700 | NS      | $6889361.00   | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Domino's Pizza, Inc.                                            | Domino's Pizza, Inc.                                            | CUSIP: 25754A201<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25900 | NS      | $11670540.00  | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot, Inc.                                                | Home Depot, Inc.                                                | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |     37900 | NS      | $13895656.00  | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corporation                                          | McDonald's Corporation                                          | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |     65500 | NS      | $19137135.00  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive, Inc.                                       | O'Reilly Automotive, Inc.                                       | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |    247500 | NS      | $22307175.00  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Skechers U.S.A., Inc. Class A                                   | Skechers U.S.A., Inc. Class A                                   | CUSIP: 830566105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    181100 | NS      | $11427410.00  | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla, Inc.                                                     | Tesla, Inc.                                                     | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |    121800 | NS      | $38690988.00  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corporation                                             | Chevron Corporation                                             | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    133500 | NS      | $19115865.00  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Company                                               | Coca-Cola Company                                               | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |    144000 | NS      | $10188000.00  | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive Company                                       | Colgate-Palmolive Company                                       | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |     89200 | NS      | $8108280.00   | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corporation                                    | Costco Wholesale Corporation                                    | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |     13700 | NS      | $13562178.00  | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Kenvue, Inc.                                                    | Kenvue, Inc.                                                    | CUSIP: 49177J102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    752500 | NS      | $15749825.00  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| PepsiCo, Inc.                                                   | PepsiCo, Inc.                                                   | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |     47800 | NS      | $6311512.00   | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International Inc.                                | Philip Morris International Inc.                                | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |    188335 | NS      | $34301453.55  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Post Holdings, Inc.                                             | Post Holdings, Inc.                                             | CUSIP: 737446104<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | EC               | CORP              | US        |    116400 | NS      | $12691092.00  | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Company                                        | Procter & Gamble Company                                        | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |     70249 | NS      | $11192070.68  | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Sysco Corporation                                               | Sysco Corporation                                               | CUSIP: 871829107<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | EC               | CORP              | US        |    196700 | NS      | $14898058.00  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc.                                                    | Walmart Inc.                                                    | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |    353243 | NS      | $34540100.54  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Hess Corporation                                                | Hess Corporation                                                | CUSIP: 42809H107<br>LEI: UASVRYNXNK17ULIGK870 | Long             | EC               | CORP              | US        |     49100 | NS      | $6802314.00   | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie, Inc.                                                    | AbbVie, Inc.                                                    | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |    187700 | NS      | $34840874.00  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Scientific Corporation                                   | Boston Scientific Corporation                                   | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |    213700 | NS      | $22953517.00  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Cencora, Inc.                                                   | Cencora, Inc.                                                   | CUSIP: 03073E105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     77100 | NS      | $23118435.00  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Cigna Group                                                     | Cigna Group                                                     | CUSIP: 125523100<br>LEI: 45RS2W538ZOGNWLVIX82 | Long             | EC               | CORP              | US        |     40200 | NS      | $13289316.00  | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly and Company                                           | Eli Lilly and Company                                           | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |     41968 | NS      | $32715315.04  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Health Care Select Sector SPDR Fund                             | Health Care Select Sector SPDR Fund                             | CUSIP: 81369Y209<br>LEI: 549300EJNY3KKJHPOY44 | Long             | EC               | RF                | US        |    134000 | NS      | $18061860.00  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Insulet Corporation                                             | Insulet Corporation                                             | CUSIP: 45784P101<br>LEI: 549300TZTYD2PYN92D43 | Long             | EC               | CORP              | US        |     40700 | NS      | $12787126.00  | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                                               | Johnson & Johnson                                               | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |    102800 | NS      | $15702700.00  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic plc                                                   | Medtronic plc                                                   | CUSIP: G5960L103<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |    192900 | NS      | $16815093.00  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Quest Diagnostics Incorporated                                  | Quest Diagnostics Incorporated                                  | CUSIP: 74834L100<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | EC               | CORP              | US        |     52100 | NS      | $9358723.00   | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Holdings, Inc.                                            | Crown Holdings, Inc.                                            | CUSIP: 228368106<br>LEI: NYLWZIOY8PUNIT4JOE22 | Long             | EC               | CORP              | US        |    104700 | NS      | $10782006.00  | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Regeneron Pharmaceuticals, Inc.                                 | Regeneron Pharmaceuticals, Inc.                                 | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |     19700 | NS      | $10342500.00  | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc.                                   | Thermo Fisher Scientific Inc.                                   | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |     40300 | NS      | $16340038.00  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Incorporated                                 | UnitedHealth Group Incorporated                                 | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |     50800 | NS      | $15848076.00  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Pharmaceuticals Incorporated                             | Vertex Pharmaceuticals Incorporated                             | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |     35100 | NS      | $15626520.00  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| American International Group, Inc.                              | American International Group, Inc.                              | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |    209500 | NS      | $17931105.00  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Global Management, Inc.                                  | Apollo Global Management, Inc.                                  | CUSIP: 03769M106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     92300 | NS      | $13094601.00  | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp.                                           | Bank of America Corp.                                           | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |    930868 | NS      | $44048673.76  | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc. Class B                                 | Berkshire Hathaway Inc. Class B                                 | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |     95443 | NS      | $46363346.11  | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financial Corporation                               | Capital One Financial Corporation                               | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |    157670 | NS      | $33545869.20  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CME Group Inc. Class A                                          | CME Group Inc. Class A                                          | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |     87100 | NS      | $24006502.00  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Ecolab Inc.                                                     | Ecolab Inc.                                                     | CUSIP: 278865100<br>LEI: 82DYEISM090VG8LTLS26 | Long             | EC               | CORP              | US        |     57400 | NS      | $15465856.00  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Fiserv, Inc.                                                    | Fiserv, Inc.                                                    | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |     66300 | NS      | $11430783.00  | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group, Inc.                                       | Goldman Sachs Group, Inc.                                       | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |     49800 | NS      | $35245950.00  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                                            | JPMorgan Chase & Co.                                            | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |    238063 | NS      | $69016844.33  | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Incorporated Class A                                 | Mastercard Incorporated Class A                                 | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |     55162 | NS      | $30997734.28  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Progressive Corporation                                         | Progressive Corporation                                         | CUSIP: 743315103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     75600 | NS      | $20174616.00  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc. Class A                                               | Visa Inc. Class A                                               | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |    116861 | NS      | $41491498.05  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture plc Class A                                           | Accenture plc Class A                                           | CUSIP: G1151C101<br>LEI: 549300JY6CF6DO4YFQ03 | Long             | EC               | CORP              | IE        |     24619 | NS      | $7358372.91   | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices, Inc.                                    | Advanced Micro Devices, Inc.                                    | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |    128000 | NS      | $18163200.00  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices, Inc.                                            | Analog Devices, Inc.                                            | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |     79000 | NS      | $18803580.00  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc.                                                      | Apple Inc.                                                      | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    831000 | NS      | $170496270.00 | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Freeport-McMoRan, Inc.                                          | Freeport-McMoRan, Inc.                                          | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |    187200 | NS      | $8115120.00   | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks, Inc.                                           | Arista Networks, Inc.                                           | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |    213664 | NS      | $21859963.84  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlassian Corporation Class A                                   | Atlassian Corporation Class A                                   | CUSIP: 049468101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     62500 | NS      | $12693125.00  | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Autodesk, Inc.                                                  | Autodesk, Inc.                                                  | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |     40700 | NS      | $12599499.00  | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc.                                                   | Broadcom Inc.                                                   | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |    267200 | NS      | $73653680.00  | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems, Inc.                                             | Cisco Systems, Inc.                                             | CUSIP: 17275R102<br>LEI: 8E6NF1YAL0WT6CWXXV93 | Long             | EC               | CORP              | US        |    374800 | NS      | $26003624.00  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| International Business Machines Corporation                     | International Business Machines Corporation                     | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |    129700 | NS      | $38232966.00  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corporation                                        | Lam Research Corporation                                        | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |    283900 | NS      | $27634826.00  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corporation                                           | Microsoft Corporation                                           | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    434400 | NS      | $216074904.00 | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corporation                                              | NVIDIA Corporation                                              | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |   1328000 | NS      | $209810720.00 | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corporation                                              | Oracle Corporation                                              | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |     48800 | NS      | $10669144.00  | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Sherwin-Williams Company                                        | Sherwin-Williams Company                                        | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |     42300 | NS      | $14524128.00  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies Inc. Class A                              | Palantir Technologies Inc. Class A                              | CUSIP: 69608A108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     39300 | NS      | $5357376.00   | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Palo Alto Networks, Inc.                                        | Palo Alto Networks, Inc.                                        | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |    107800 | NS      | $22060192.00  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce, Inc.                                                | Salesforce, Inc.                                                | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |     94000 | NS      | $25632860.00  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc. Class A                                           | Alphabet Inc. Class A                                           | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    540500 | NS      | $95252315.00  | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms, Inc. Class A                                    | Meta Platforms, Inc. Class A                                    | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |    125500 | NS      | $92630295.00  | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix, Inc.                                                   | Netflix, Inc.                                                   | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |     34822 | NS      | $46631184.86  | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Spotify Technology SA                                           | Spotify Technology SA                                           | CUSIP: L8681T102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9100 | NS      | $6982794.00   | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| TKO Group Holdings, Inc. Class A                                | TKO Group Holdings, Inc. Class A                                | CUSIP: 87256C101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     54300 | NS      | $9879885.00   | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US, Inc.                                               | T-Mobile US, Inc.                                               | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |     96900 | NS      | $23087394.00  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Energy Corporation                                | Constellation Energy Corporation                                | CUSIP: 21037T109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     29300 | NS      | $9456868.00   | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| 3M Company                                                      | 3M Company                                                      | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | EC               | CORP              | US        |    138000 | NS      | $21009120.00  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corporation                                         | Duke Energy Corporation                                         | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |    150000 | NS      | $17700000.00  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Entergy Corporation                                             | Entergy Corporation                                             | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               | CORP              | US        |    219500 | NS      | $18244840.00  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Eversource Energy                                               | Eversource Energy                                               | CUSIP: 30040W108<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | EC               | CORP              | US        |    215000 | NS      | $13678300.00  | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Vistra Corp.                                                    | Vistra Corp.                                                    | CUSIP: 92840M102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     37400 | NS      | $7248494.00   | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corporation                                      | American Tower Corporation                                      | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |     91200 | NS      | $20157024.00  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| AvalonBay Communities, Inc.                                     | AvalonBay Communities, Inc.                                     | CUSIP: 053484101<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | EC               | CORP              | US        |     57600 | NS      | $11721600.00  | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CBRE Group, Inc. Class A                                        | CBRE Group, Inc. Class A                                        | CUSIP: 12504L109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     98200 | NS      | $13759784.00  | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| VICI Properties Inc.                                            | VICI Properties Inc.                                            | CUSIP: 925652109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    421600 | NS      | $13744160.00  | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Adams Funds Advisers, LLC                                       | Adams Funds Advisers, LLC                                       | CUSIP: 134912740<br>LEI: N/A                  | Long             |  | CORP              | US        |         1 | OU      | $466000.00    | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Morgan Stanley Inst Liquidity Funds Prime Portfolio, Inst Class | Morgan Stanley Inst Liquidity Funds Prime Portfolio, Inst Class | CUSIP: 61747C715<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  14496960 | NS      | $14498409.23  | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Institutional Treasury Portfolio                       | Northern Institutional Treasury Portfolio                       | CUSIP: 665279808<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   1179388 | NS      | $1179387.61   | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-26

**Name of Applicant:** Adams Diversified Equity Fund, Inc.

**Signature:** Christy Sloan

**Name of Signer:** Christy Sloan

**Title:** Treasurer