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 0.84% during the most recent quarter end. The investment management company now holds a total of 1,664,244 shares of Adams Diversified Equity Fund Inc which is valued at $21,918,093 after selling 14,175 shares in Adams Diversified Equity Fund Inc , the firm said in a disclosure report filed with the SEC on Aug 10, 2016.Adams Diversified Equity Fund Inc makes up approximately 8.76% of Gramercy Funds Management’s portfolio.

Other Hedge Funds, Including , Cornerstone Advisors Inc boosted its stake in ADX in the latest quarter, The investment management firm added 378,895 additional shares and now holds a total of 472,654 shares of Adams Diversified Equity Fund Inc which is valued at $6,224,853. Adams Diversified Equity Fund Inc makes up approx 1.48% of Cornerstone Advisors Inc’s portfolio.Sii Investments Incwi boosted its stake in ADX in the latest quarter, The investment management firm added 6,745 additional shares and now holds a total of 96,979 shares of Adams Diversified Equity Fund Inc which is valued at $1,277,213. Adams Diversified Equity Fund Inc makes up approx 0.10% of Sii Investments Incwi’s portfolio.Tci Wealth Advisors boosted its stake in ADX in the latest quarter, The investment management firm added 19 additional shares and now holds a total of 5,040 shares of Adams Diversified Equity Fund Inc which is valued at $66,578. Adams Diversified Equity Fund Inc makes up approx 0.04% of Tci Wealth Advisors’s portfolio.Bartlett reduced its stake in ADX by selling 5,526 shares or 12.7% in the most recent quarter. The Hedge Fund company now holds 37,984 shares of ADX which is valued at $496,451. Adams Diversified Equity Fund Inc makes up approx 0.02% of Bartlett’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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