Adams Diversified Equity Fund Inc. (NYSE: ADX) disclosed a new position in Western Digital Corporation (NASDAQ: WDC) during the first quarter of 2026, according to a recent SEC Form 13F filing. The fund purchased shares valued at approximately $12.5 million, representing a modest addition to its portfolio.
Western Digital, a leading data storage solutions provider, has seen fluctuating stock performance amid industry shifts toward cloud and AI-driven demand. The filing, dated May 15, 2026, shows ADX's stake as of March 31, 2026.
This move aligns with ADX's strategy of investing in diversified equities, though the fund did not comment publicly on the rationale. As of June 28, 2026, WDC shares trade around $78, up 5% year-to-date.
