{ "crd_number": 281263, "slug": "adams-diversified-equity-fund-inc-baltimore-md-281263", "primary_business_name": "ADAMS DIVERSIFIED EQUITY FUND, INC.", "legal_name": "ADAMS DIVERSIFIED EQUITY FUND, INC.", "dbas": [ "ADAMS FUNDS ADVISERS, LLC" ], "city": "Baltimore", "state": "MD", "country": "United States", "cbsa_code": "12580", "metro": { "cbsa_code": "12580", "common_name": "Baltimore", "msa_name": "Baltimore-Columbia-Towson, MD", "path": "/advisors/md/baltimore" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2015-08-24", "years_registered": 11, "period": "2026-10-01", "filing_date": "2026-03-27", "carried_forward": false, "raum_total": 3028642556.0, "raum_discretionary": 3028642556.0, "raum_non_discretionary": 0.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 20, "advisory_employees": 10, "client_count_bucket": null, "clients_by_type": { "investment_companies": { "raum": 3028642556.0, "count": 1 } }, "compensation_types": [ "other" ], "advisory_activities": [ "other" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "FL", "MD" ], "websites": [ "https://adamsfunds.com", "https://linkedin.com/company/adams-funds" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/281263", "city_as_filed": "BALTIMORE", "url": "https://advisorcensus.com/firm/adams-diversified-equity-fund-inc-baltimore-md-281263", "display_name": "Adams Diversified Equity Fund, Inc.", "summary": "Adams Diversified Equity Fund, Inc. is an SEC-registered investment advisory firm in Baltimore, MD, registered since 2015, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 27, 2026.", "citation": "AdvisorCensus. Adams Diversified Equity Fund, Inc. (CRD 281263): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "Other" ], "advisory_activity_labels": [ "Other" ], "quick_answers": [ { "q": "How is Adams Diversified Equity Fund, Inc. compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Adams Diversified Equity Fund, Inc. reports these compensation arrangements: other." }, { "q": "Where is Adams Diversified Equity Fund, Inc. located?", "a": "Adams Diversified Equity Fund, Inc.'s principal office is in Baltimore, MD, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F)." }, { "q": "Is Adams Diversified Equity Fund, Inc. registered with the SEC or a state?", "a": "Adams Diversified Equity Fund, Inc. is an SEC-registered investment advisory firm, registered since 2015. Status as filed: Approved. CRD 281263." }, { "q": "How much does Adams Diversified Equity Fund, Inc. manage?", "a": "Adams Diversified Equity Fund, Inc. reports $3,028,642,556 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary)." }, { "q": "How have Adams Diversified Equity Fund, Inc.'s assets and staff changed since 2021?", "a": "In the Form ADV data for Adams Diversified Equity Fund, Inc.: Regulatory assets under management: $2,227,273,138 in the October 2021 data and $3,028,642,556 in the October 2026 data, up 36%. Total employees: 21 in October 2021 and 20 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Adams Diversified Equity Fund, Inc. serve?", "a": "By number of clients on Form ADV Item 5.D: investment companies (1)." }, { "q": "Does Adams Diversified Equity Fund, Inc. report any disciplinary disclosures?", "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/281263" }, { "q": "Does Adams Diversified Equity Fund, Inc. state an account minimum?", "a": "Its Form ADV Part 2A brochure dated March 27, 2026 says: \"ADX does not have established account minimums.\"" }, { "q": "What changed in Adams Diversified Equity Fund, Inc.'s recent Form ADV filings?", "a": "In the April 2026 filing data: Employees performing advisory functions went from 11 to 10. Regulatory assets under management went from $2,662,523,552 to $3,028,642,556 (+14%). Updated its list of owners and control persons (Schedule A)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 2227273138.0, "total_employees": 21, "filing_date": "2021-03-31" }, { "period": "2022-10-01", "regulatory_assets_under_management": 2652527878.0, "total_employees": 20, "filing_date": "2022-03-31" }, { "period": "2023-10-01", "regulatory_assets_under_management": 2100737733.0, "total_employees": 21, "filing_date": "2023-03-30" }, { "period": "2024-10-01", "regulatory_assets_under_management": 2550393350.0, "total_employees": 20, "filing_date": "2024-03-28" }, { "period": "2025-10-01", "regulatory_assets_under_management": 2662523552.0, "total_employees": 20, "filing_date": "2025-03-31" }, { "period": "2026-10-01", "regulatory_assets_under_management": 3028642556.0, "total_employees": 20, "filing_date": "2026-03-27" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 11 to 10.", "Regulatory assets under management went from $2,662,523,552 to $3,028,642,556 (+14%).", "Updated its list of owners and control persons (Schedule A)." ] } ], "fees_from_brochure": { "source": "Form ADV Part 2A brochure dated March 27, 2026", "tiers": [], "flat_rate": null, "stated_range": null, "stated_maximum": null, "account_minimum": "None", "account_minimum_may_be_waived": false, "minimum_annual_fee": null, "figures": [ { "label": "Account minimum", "statements": [ "Account minimum: None" ], "quotes": [ "ADX does not have established account minimums." ] } ], "quotes": [ "ADX does not have established account minimums." ], "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable." }, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/adams-diversified-equity-fund-inc-baltimore-md-281263.md", "clients": [ { "type": "investment_companies", "label": "Investment companies", "count": 1, "fewer_than_5": false, "raum": 3028642556.0 } ], "disclosure_line": "Reports no disclosure items on Form ADV Item 11.", "disclosure_items": [], "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/281263", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }