Gramercy Funds Management Lowers stake in Adams Diversified Equity Fund Inc (ADX)

Adams Diversified Equity Fund Inc (ADX) : Gramercy Funds Management reduced its stake in Adams Diversified Equity Fund Inc by 1.68% during the most recent quarter end. The investment management company now holds a total of 1,678,419 shares of Adams Diversified Equity Fund Inc which is valued at $21 Million after selling 28,600 shares in Adams Diversified Equity Fund Inc , the firm said in a disclosure report filed with the SEC on May 12, 2016.Adams Diversified Equity Fund Inc makes up approximately 5.96% of Gramercy Funds Management’s portfolio.

Other Hedge Funds, Including , 1832 Asset Management boosted its stake in ADX in the latest quarter, The investment management firm added 70,020 additional shares and now holds a total of 470,020 shares of Adams Diversified Equity Fund Inc which is valued at $5.9 Million. Adams Diversified Equity Fund Inc makes up approx 0.02% of 1832 Asset Management’s portfolio. Massmutual Trust Co Fsbadv added ADX to its portfolio by purchasing 3,249 company shares during the most recent quarter which is valued at $40,580. Adams Diversified Equity Fund Inc makes up approx 0.01% of Massmutual Trust Co Fsbadv’s portfolio.Rmb Capital Management reduced its stake in ADX by selling 8,328 shares or 9.54% in the most recent quarter. The Hedge Fund company now holds 78,967 shares of ADX which is valued at $986,298. Adams Diversified Equity Fund Inc makes up approx 0.07% of Rmb Capital Management’s portfolio.Dubuque Bank Trust Co boosted its stake in ADX in the latest quarter, The investment management firm added 36,912 additional shares and now holds a total of 370,811 shares of Adams Diversified Equity Fund Inc which is valued at $4.7 Million. Adams Diversified Equity Fund Inc makes up approx 0.90% of Dubuque Bank Trust Co’s portfolio.

Adams Diversified Equity Fund Inc. formerly The Adams Express Company is a diversified closed-end equity investment company. The Company’s holdings include Adams Natural Resources Fund Microsoft Corp. General Electric Co. Pfizer Inc. PepsiCo Inc. Oracle Corp. Procter & Gamble Co. Unilever plc Genentech Inc. and Exxon Mobil Corp. The Company invests in various sectors including consumer energy financial healthcare industrials information technology materials telecom services and utilities. The Company has an office in Baltimore Maryland.

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