-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, RZh6HprDTpCeqlrZjohsEkcffS/VaLnbbUiNhmZxQITDx2JDx5hF1tszltsWKJ8Y mTFRHEDo0iydqsckg9XvOg== 0001386929-11-000001.txt : 20110113 0001386929-11-000001.hdr.sgml : 20110113 20110113112819 ACCESSION NUMBER: 0001386929-11-000001 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20101231 FILED AS OF DATE: 20110113 DATE AS OF CHANGE: 20110113 EFFECTIVENESS DATE: 20110113 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: 11526864 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 aaa13fdec10.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: 12/31/2010 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 January 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: 75 ----------- Form 13F Information Table Value Total: $ 564,335 ----------- (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 12/31/10 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 3,629 42,062SH SOLE 42,062 Alliance Res. COM 01877r108 2,964 45,074SH SOLE 45,074 Altria Group COM 02209S103 6,067 246,427SH SOLE 246,427 Amedisys Inc. COM 023436108 1,005 30,000SH SOLE 30,000 Amerigroup Corp.COM 03073T102 805 18,340SH SOLE 18,340 Amsurg Corp. COM 03232P405 846 40,400SH SOLE 40,400 Anadarko Pete COM 032511107 1,055 13,865SH SOLE 13,865 AT&T COM 00206R102 5,922 201,580SH SOLE 201,580 Barclays ETN COM 06740C527 1,175 31,250SH SOLE 31,250 Boardwalk Pipe. COM 096627104 2,530 81,290SH SOLE 81,290 Buckeye Partner COM 118230101 3,059 45,787SH SOLE 45,787 Chevron Corp COM 166764100 10,087 110,552SH SOLE 110,552 ConocoPhillips COM 20825C104 10,248 150,492SH SOLE 150,492 Cooper Tire Rub COM 216831107 860 36,500SH SOLE 36,500 Corinthian Coll COM 218868107 912 175,120SH SOLE 175,120 Coventry Health COM 222862104 837 31,730SH SOLE 31,730 Diamond Offshr COM 25271C102 5,824 87,107SH SOLE 87,107 Direxion Lg Cap COM 25459W854 2,692 307,000SH SOLE 307,000 Direxion RlEst. COM 25459W334 1,116 62,000SH SOLE 62,000 Eagle Rock Wts. COM 26985R120 602 200,000SH SOLE 200,000 Eagle Rock COM 26985r104 5,464 619,507SH SOLE 619,507 Enbridge Energy COM 29250r106 2,204 35,340SH SOLE 35,340 Enerplus Corp COM 29274D604 1,509 48,938SH SOLE 48,938 Energy Transfer COM 29273R109 1,871 36,122SH SOLE 36,122 Enterprise Prod COM 293792107 2,756 66,242SH SOLE 66,242 Excelon COM 30161N101 5,894 141,562SH SOLE 141,562 First Energy COM 337932107 2,277 61,524SH SOLE 61,524 Freeport McM. COM 35671D857 14,767 122,969SH SOLE 122,969 FUQI Int'l COM 36102A207 1,020 160,000SH SOLE 160,000 Gamestop COM 36467w109 801 35,017SH SOLE 35,017 General Elec COM 369604103 3,057 167,158SH SOLE 167,158 Genoptix COM 37243V100 703 37,000SH SOLE 37,000 Heinz COM 423074103 1,898 38,378SH SOLE 38,378 Hershey Co. COM 427866108 6,239 132,342SH SOLE 132,342 Home Depot COM 437076102 5,315 151,625SH SOLE 151,625 Intel Corp. COM 458140100 6,980 331,948SH SOLE 331,948 Ishares TR Dow COM 464287739 2,238 40,000SH SOLE 40,000 Johnson & John COM 478160104 5,128 82,916SH SOLE 82,916 Kimberly Clark COM 494368103 4,757 75,471SH SOLE 75,471 Kinder Morgan COM 494550106 2,463 35,068SH SOLE 35,068 Lilly Eli & CO COM 532457108 7,440 212,342SH SOLE 212,342 Magellan Mid. COM 559080106 2,576 45,598SH SOLE 45,598 Merck & Co. COM 589331107 6,226 172,768SH SOLE 172,768 Mesa Royalty TR COM 590660106 1,017 20,651SH SOLE 20,651 Neutral Tandem COM 64128B108 1,083 75,000SH SOLE 75,000 Norfolk SOuth COM 655844108 8,121 129,276SH SOLE 129,276 Nustar COM 67058h102 3,241 46,654SH SOLE 46,654 Nutri System COM 67069D108 1,051 50,000SH SOLE 50,000 Occidental Pet. COM 674599105 299,685 3,054,900SH SOLE 3,054,900 Olin Corp COM 680665205 8,181 398,720SH SOLE 398,720 Penn VA COM 707884102 1,756 62,006SH SOLE 62,006 Penn West Ener. COM 707885109 1,484 62,047SH SOLE 62,047 Pfizer COM 717081103 7,522 429,640SH SOLE 429,640 Philip Morris COM 718172109 6,221 106,303SH SOLE 106,303 Plains All Amer COM 726503105 2,542 40,492SH SOLE 40,492 Proshares TR COM 74347x856 6,118 315,222SH SOLE 315,222 Santarus Inc. COM 802817304 833 255,000SH SOLE 255,000 S W S Group Inc COM 78503N107 934 185,000SH SOLE 185,000 Sanderson Farms COM 800013104 1,174 30,000SH SOLE 30,000 Fin. Sector SPDRCOM 81369Y605 2,537 159,104SH SOLE 159,104 Smith & Wesson COM 831756101 710 190,000SH SOLE 190,000 Suncor Energy COM 867229106 631 16,500SH SOLE 16,500 Sunoco Logist. COM 86764L108 2,687 32,154SH SOLE 32,154 Sun Cmntys Inc. COM 866674104 6,662 200,000SH SOLE 200,000 Sysco Corp COM 871829107 6,398 217,640SH SOLE 217,640 T C Pipelines COM 87233q108 2,989 57,488SH SOLE 57,488 Total System SvcCOM 891906109 769 50,000SH SOLE 50,000 Universal Corp COM 913456109 7,685 188,831SH SOLE 188,831 Universal ForestCOM 913543104 739 19,000SH SOLE 19,000 Valero Energy COM 91913Y100 6,072 262,642SH SOLE 262,642 Vanguard GNMA COM 922031307 397 37,019SH SOLE 37,019 Verizon Comm COM 92343V104 7,566 211,484SH SOLE 211,484 Viropharma Inc. COM 928241108 1,463 84,470SH SOLE 84,470 Wal-Mart COM 931142103 5,962 110,552SH SOLE 110,552 Weyerhaeuser COM 962166104 4,251 224,615SH SOLE 224,615 REPORT SUMMARY: 75 564,335 -----END PRIVACY-ENHANCED MESSAGE-----