0001386929-11-000002.txt : 20110414 0001386929-11-000002.hdr.sgml : 20110414 20110414103052 ACCESSION NUMBER: 0001386929-11-000002 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110331 FILED AS OF DATE: 20110414 DATE AS OF CHANGE: 20110414 EFFECTIVENESS DATE: 20110414 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Adams Asset Advisors, LLC CENTRAL INDEX KEY: 0001386929 IRS NUMBER: 743034621 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-12061 FILM NUMBER: 11758725 BUSINESS ADDRESS: STREET 1: 8150 N. CENTRAL EXPWY #101 CITY: DALLAS STATE: TX ZIP: 75225 BUSINESS PHONE: 214-360-7410 MAIL ADDRESS: STREET 1: 8150 N. CENTRAL EXPWY #101 CITY: DALLAS STATE: TX ZIP: 75225 13F-HR 1 aaa13fmar11.txt 13F UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 3/31/2011 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Adams Asset Advisors, LLC Address: 8150 N. Central Expressway Suite M1120 Dallas, Texas 75206 Form 13F File Number: 028-12061 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Steven Adams Title: Manager/Owner Phone: 214-360-7410 /s/ Steven Adams April 14, 2011 Report Type (Check only one): [x] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 ----------- Form 13F Information Table Entry Total: 72 ----------- Form 13F Information Table Value Total: $ 595,506 ----------- (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. Adams Asset Advisors, LLC FORM 13F As of 3/31/2011 TITLE MARKET VOTING OF VALUE SHARES/ INVEST OTH AUTHORITY NAME OF ISSUER CLASS CUSIP x$1000 PRN AMT DISCR MNGR SOLE SHARED NONE -------------- --- --------- ------ -------- ------ ---- ---- ------ ---- 3M Company COM 88579Y101 3,538 37,841SH SOLE 37,841 Alliance Res. COM 01877r108 3,485 42,809SH SOLE 42,809 Altria Group COM 02209S103 6,408 246,192SH SOLE 246,192 Amedisys Inc. COM 023436108 1,050 30,000SH SOLE 30,000 Amerigroup Corp.COM 03073T102 1,178 18,340SH SOLE 18,340 Amsurg Corp. COM 03232P405 1,027 40,400SH SOLE 40,400 Anadarko Pete COM 032511107 1,135 13,865SH SOLE 13,865 AT&T COM 00206R102 6,141 200,634SH SOLE 200,634 Boardwalk Pipe. COM 096627104 2,511 76,885SH SOLE 76,885 Buckeye Partner COM 118230101 2,728 42,934SH SOLE 42,934 Chevron Corp COM 166764100 11,548 107,438SH SOLE 107,438 ConocoPhillips COM 20825C104 11,720 146,763SH SOLE 146,763 Cooper Tire Rub COM 216831107 939 36,500SH SOLE 36,500 Corinthian Coll COM 218868107 774 175,153SH SOLE 175,153 Coventry Health COM 222862104 1,010 31,730SH SOLE 31,730 Diamond Offshr COM 25271C102 6,744 86,800SH SOLE 86,800 Direxion Lg Cap COM 25459W854 1,708 48,000SH SOLE 48,000 Direxion RlEst. COM 25459W334 883 62,000SH SOLE 62,000 Eagle Rock Wts. COM 26985R120 800 200,000SH SOLE 200,000 Eagle Rock COM 26985r104 6,275 612,209SH SOLE 612,209 Enbridge Energy COM 29250r106 2,283 35,340SH SOLE 35,340 Enerplus Corp COM 292766102 1,144 36,138SH SOLE 36,138 Energy Transfer COM 29273R109 1,869 36,122SH SOLE 36,122 Enterprise Prod COM 293792107 2,702 62,770SH SOLE 62,770 Excelon COM 30161N101 5,821 141,173SH SOLE 141,173 First Energy COM 337932107 1,556 41,974SH SOLE 41,974 Freeport McM. COM 35671D857 13,608 244,980SH SOLE 244,980 Gamestop COM 36467w109 788 35,017SH SOLE 35,017 General Elec COM 369604103 3,334 166,288SH SOLE 166,288 Heinz COM 423074103 1,586 32,499SH SOLE 32,499 Hershey Co. COM 427866108 7,171 131,945SH SOLE 131,945 Home Depot COM 437076102 5,592 150,917SH SOLE 150,917 Intel Corp. COM 458140100 6,679 330,983SH SOLE 330,983 Ishares TR Dow COM 464287739 2,376 40,000SH SOLE 40,000 Johnson & John COM 478160104 4,901 82,727SH SOLE 82,727 Kimberly Clark COM 494368103 4,915 75,307SH SOLE 75,307 Kinder Morgan COM 494550106 2,598 35,068SH SOLE 35,068 Lilly Eli & CO COM 532457108 7,439 211,519SH SOLE 211,519 Magellan Mid. COM 559080106 2,729 45,598SH SOLE 45,598 Merck & Co. COM 589331107 5,683 172,167SH SOLE 172,167 Neutral Tandem COM 64128B108 1,106 75,000SH SOLE 75,000 Norfolk SOuth COM 655844108 8,932 128,955SH SOLE 128,955 Nustar COM 67058h102 2,942 43,339SH SOLE 43,339 Nutri System COM 67069D108 724 50,000SH SOLE 50,000 Occidental Pet. COM 674599105 319,206 3,054,900SH SOLE 3,054,900 Olin Corp COM 680665205 9,000 392,713SH SOLE 392,713 PDL Biopharma COM 69329Y104 1,218 210,000SH SOLE 210,000 Penn VA COM 707884102 1,717 62,006SH SOLE 62,006 Penn West Pet. COM 707887105 1,627 58,747SH SOLE 58,747 Pfizer COM 717081103 8,698 428,265SH SOLE 428,265 Philip Morris COM 718172109 6,961 106,068SH SOLE 106,068 Plains All Amer COM 726503105 2,446 38,392SH SOLE 38,392 Proshares Ultra COM 74347x856 9,211 577,872SH SOLE 577,872 Santarus Inc. COM 802817304 872 255,000SH SOLE 255,000 S W S Group Inc COM 78503N107 1,122 185,000SH SOLE 185,000 Sanderson Farms COM 800013104 1,377 30,000SH SOLE 30,000 Fin. Sector SPDRCOM 81369Y605 2,576 157,174SH SOLE 157,174 Smith & Wesson COM 831756101 674 190,000SH SOLE 190,000 Suncor Energy COM 867229106 739 16,500SH SOLE 16,500 Sunoco Logist. COM 86764L108 2,790 32,154SH SOLE 32,154 Sun Cmntys Inc. COM 866674104 7,130 200,000SH SOLE 200,000 Sysco Corp COM 871829107 6,001 216,653SH SOLE 216,653 T C Pipelines COM 87233q108 2,843 54,658SH SOLE 54,658 Total System SvcCOM 891906109 901 50,000SH SOLE 50,000 Universal Corp COM 913456109 9,303 213,686SH SOLE 213,686 Universal ForestCOM 913543104 696 19,000SH SOLE 19,000 Valero Energy COM 91913Y100 7,028 235,698SH SOLE 235,698 Vanguard GNMA COM 922031307 200 18,663SH SOLE 18,663 Verizon Comm COM 92343V104 8,118 210,664SH SOLE 210,664 Viropharma Inc. COM 928241108 1,680 84,470SH SOLE 84,470 Wal-Mart COM 931142103 5,736 110,204SH SOLE 110,204 Weyerhaeuser COM 962166104 5,525 224,615SH SOLE 224,615 REPORT SUMMARY: 72 595,506