Adams Diversified Equity Fund Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NYSE:ADX Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
16 Jan 24	BuyUS$6,965,802	Saba Capital Management, L.P.	Company	399,473	US$17.61
08 Dec 23	BuyUS$8,645,526	Saba Capital Management, L.P.	Company	508,972	US$17.34
22 Sep 23	BuyUS$8,610,539	Saba Capital Management, L.P.	Company	498,762	US$17.71
31 Aug 23	BuyUS$29,354,986	Saba Capital Management, L.P.	Company	1,663,172	US$17.65

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of ADX?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	21,823	0.0176%
Individual Insiders	2,921,383	2.35%
Hedge Funds	7,910,207	6.38%
Institutions	32,739,710	26.4%
General Public	80,458,516	64.9%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.7%.

Top Shareholders

Top 25 shareholders own 29.84% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
6.38%	Saba Capital Management, L.P.	7,910,207	US$149.3m	4.56%	3.12%
5.46%	Erik E. and Edith H. Bergstrom Foundation, Inc., Endowment Arm	6,769,800	US$127.7m	-14.5%	100.0%
3.32%	Lazard Asset Management LLC	4,122,687	US$77.8m	0%	0.06%
1.69%	Eaton Vance Management	2,101,328	US$39.7m	0%	0.01%
1.61%	1607 Capital Partners, LLC	1,998,821	US$37.7m	-5.24%	1.14%
1.31%	Allspring Global Investments, LLC	1,630,212	US$30.8m	-4.12%	0.04%
1.06%	Edith Bergstrom	1,320,000	US$24.9m	956%	no data
1%	Blue Bell Private Wealth Management, LLC	1,245,867	US$23.5m	4.67%	5.21%
0.98%	Cohen & Steers Capital Management, Inc.	1,212,034	US$22.9m	0%	0.05%
0.91%	Cornerstone Advisors, LLC	1,127,545	US$21.3m	-16.9%	0.88%
0.86%	Erik Bergstrom	1,070,000	US$20.2m	0%	no data
0.69%	Potrero Capital Research, LLC	852,231	US$16.1m	0%	10.96%
0.54%	Morgan Stanley, Investment Banking and Brokerage Investments	673,663	US$12.7m	4.62%	no data
0.45%	Pathstone Family Office, LLC	560,142	US$10.6m	3,370%	0.06%
0.44%	Raymond James Financial Services Advisors, Inc.	551,925	US$10.4m	35.1%	0.02%
0.39%	Raymond James Financial Inc., Asset Management Arm	479,859	US$9.1m	40.8%	0.01%
0.38%	Bensler, LLC	474,981	US$9.0m	39%	1.44%
0.33%	Wealth Enhancement Advisory Services, LLC	407,538	US$7.7m	2.62%	0.02%
0.32%	WaterFront Wealth Inc.	399,216	US$7.5m	0.51%	2.15%
0.31%	Dubuque Bank & Trust, Asset Management Arm	383,908	US$7.2m	0%	0.87%
0.29%	Royal Bank of Canada, Banking & Securities Investments	365,808	US$6.9m	5.57%	no data
0.29%	Priebe Wealth Holdings, LLC	359,850	US$6.8m	0.78%	5.5%
0.29%	Htlf Bank, Asset Management Arm	359,131	US$6.8m	-2.4%	0.8%
0.27%	Merrill Lynch & Co. Inc., Banking Investments	333,159	US$6.3m	8.21%	no data
0.25%	Prevail Innovative Wealth Advisors, LLC	312,038	US$5.9m	-5.64%	2.68%