ADX on NYSE

Adams Express Company

Logo: Adams Express Company, Public domain, via Wikimedia Commons4

American investment company

Adams Funds, formerly the Adams Express Company, is an investment company made up of Adams Diversified Equity Fund, Inc. (NYSE: ADX), a publicly traded diversified equity fund, and Adams Natural Resources Fund Inc.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 16, 2026.

Overview

1854Founded1

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  • TickerADX on NYSE1
  • Industryinvestment1
  • HeadquartersBaltimore1
  • Websitewww.adamsfunds.com
  • Incorporated inMD5
  • Business address500 East Pratt Street, Suite 1300, Baltimore, Md 212025

Adams Funds, formerly the Adams Express Company, is an investment company made up of Adams Diversified Equity Fund, Inc. (NYSE: ADX), a publicly traded diversified equity fund, and Adams Natural Resources Fund Inc. (NYSE: PEO), formerly Petroleum & Resources Corp., a publicly traded closed-end fund focused on energy and natural resources stocks.3

How it started

History

In 1839, Alvin Adams, a produce merchant ruined by the Panic of 1837, began carrying letters, small packages and valuables for patrons between Boston and Worcester, Massachusetts. He had at first a partner named Burke, who soon withdrew, and as Adams & Company, Adams rapidly extended his territory to New York City, Philadelphia and other eastern cities. By 1847, he had penetrated deeply into the South, and by 1850 he was shipping by rail and stagecoach to St. Louis.

Adams Express was used by abolitionist groups in the 1840s to deliver anti-slavery newspapers from northern publishers to southern states; in 1849, a Richmond, Virginia slave named Henry "Box" Brown shipped himself north to Philadelphia and freedom via Adams Express. In 1855, the company was reorganized as the Adams Express Company.

A subsidiary, Adams & Company of California, had been organized in 1850 and offer express service throughout the Pacific Coast. The enterprise was led by Isaiah C. Woods. Not being under Adams' personal management, Woods badly handled it, and it failed on February 23, 1855.

By the time the Civil War started in 1861, Adams had operations throughout the American South, operating as Southern Express, led by Henry B. Plant. The company served as paymaster for both the Union and Confederate sides.

The parent company held a strong position from New England and the mid-Atlantic coast to the far Western plains. In 1910, it was the second largest stockholder in the Pennsylvania Railroad and the third largest in the New York, New Haven & Hartford Railroad, besides owning large blocks of American Express, Norfolk & Western Railroad and other shares.

From Wikipedia’s article on Adams Express Company, shared under CC BY-SA 4.0.3

Leadership

Who has led Adams Express Company, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (27)

Former names

  • ADAMS DIVERSIFIED EQUITY FUNDApr 2, 2015 to Apr 2, 20155
  • ADAMS EXPRESS COJan 26, 1996 to Mar 25, 20155

Timeline

  1. Jan 30, 2024New chief executive James P. Haynie becomes CEO6
  2. Feb 13, 2013New chief executive Mark E. Stoeckle becomes CEO7
  3. Jan 12, 2004New chief executive Douglas G. Ober becomes CEO8
  4. Jan 2, 1990Went public Listed on NYSE1
  5. 1854Founded Founded1

Recent filings

  1. Jul 30, 2026N-CSRS
  2. Jul 29, 2026N-PX
  3. Jul 29, 2026NPORT-P
  4. Jul 24, 20263 PRIMARY DOCUMENT
  5. Jul 22, 202613F-HR
  6. Apr 30, 2026NPORT-P
  7. Apr 22, 202613F-HR
  8. Apr 22, 2026N-30B-2
  9. Apr 14, 202640-17G
  10. Mar 11, 2026N-CEN
  11. Feb 25, 2026NPORT-P
  12. Feb 20, 20263 PRIMARY DOCUMENT
  13. Feb 20, 2026N-CSR
  14. Feb 18, 2026DEF 14A
  15. Feb 13, 202613F-HR

Every filing from the last three years, summarized. The full record is on SEC EDGAR.2

Sources

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