UNITED STATES
SECURITIES & EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 2013
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: The Adams Express Company
Address: 7 St. Paul Street, Suite 1140
Baltimore, MD 21202
Form 13F File Number:28-597
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: Christine M. Sloan
Title Assistant Treasurer
Phone (410) 752-5900
Signature, Place, and Date of Signing:
/s/ Christine M. Sloan Baltimore, MD April 25, 2013
[Signature] [City, State] [Date]
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: 104
Form 13F Information Table Value Total: $1,252,345
(in 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.
NONE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
NAME OF ISSUER TITLE CUSIP VALUE SHRS OR SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
OF CLASS (x $1000) PRN AMT PRN CALL DISCRETN MANAGER SOLE SHARED NONE
ACE LTD. SHS H0023R105 14,680 165,000 SH SOLE 165,000
AFFILIATED MANAGERS GROUP, INC. COM 008252108 7,940 51,700 SH SOLE 51,700
AMERICAN CAMPUS COMMUNITIES INC. COM 024835100 4,081 90,000 SH SOLE 90,000
ANADARKO PETROLEUM CORP. COM 032511107 4,372 50,000 SH SOLE 50,000
APPLE INC. COM 037833100 41,165 93,000 SH SOLE 93,000
AT&T CORP. COM 00206R102 20,180 550,000 SH SOLE 550,000
AUTOMATIC DATA PROCESSING, INC. COM 053015103 13,004 200,000 SH SOLE 200,000
AXIS CAPITAL HOLDINGS, LTD. SHS G0692U109 9,156 220,000 SH SOLE 220,000
BANK OF AMERICA CORP. COM 060505104 10,109 830,000 SH SOLE 830,000
BANK OF NEW YORK MELLON CORP. COM 064058100 9,062 323,775 SH SOLE 323,775
BED BATH & BEYOND INC. COM 075896100 13,850 215,000 SH SOLE 215,000
BOEING CO. COM 097023105 18,028 210,000 SH SOLE 210,000
BROADCOM CORP. CL A 111320107 7,801 225,000 SH SOLE 225,000
BUNGE LTD. COM G16962105 7,383 100,000 SH SOLE 100,000
CALPINE CORP. COM NEW 131347304 6,180 300,000 SH SOLE 300,000
CAPITAL ONE FINANCIAL CORP. COM 14040H105 13,463 245,000 SH SOLE 245,000
CATAMARAN CORP. COM 148887102 9,545 180,000 SH SOLE 180,000
CATERPILLAR INC. COM 149123101 10,436 120,000 SH SOLE 120,000
CELGENE CORP. COM 151020104 13,909 120,000 SH SOLE 120,000
CENTURYLINK INC. COM 156700106 12,120 345,000 SH SOLE 345,000
CF INDUSTRIES HOLDINGS, INC. COM 125269100 7,335 38,531 SH SOLE 38,531
CHEVRON CORP. COM 166764100 16,754 141,000 SH SOLE 141,000
CISCO SYSTEMS, INC. COM 17275R102 14,637 700,000 SH SOLE 700,000
COACH INC. COM 189754104 6,499 130,000 SH SOLE 130,000
COCA-COLA CO. COM 191216100 12,132 300,000 SH SOLE 300,000
COGNIZANT TECHNOLOGY SOLUTIONS CL A 192446102 12,258 160,000 SH SOLE 160,000
CONSOL ENERGY INC. COM 20854P109 2,480 73,700 SH SOLE 73,700
COVIDIEN PLC SHS G2554F113 8,141 120,000 SH SOLE 120,000
CVS/CAREMARK CORP. COM 126650100 16,222 295,000 SH SOLE 295,000
DIAGEO PLC ADR SPON ADR NEW 25243Q205 6,292 50,000 SH SOLE 50,000
DIGITAL REALTY TRUST INC. COM 253868103 6,022 90,000 SH SOLE 90,000
DOLLAR GENERAL CORP. COM 256677105 12,645 250,000 SH SOLE 250,000
DOW CHEMICAL CO. COM 260543103 5,572 175,000 SH SOLE 175,000
EASTMAN CHEMICAL CO. COM 277432100 5,939 85,000 SH SOLE 85,000
EATON CORP. SHS G29183103 12,556 205,000 SH SOLE 205,000
EBAY INC. COM 278642103 15,182 280,000 SH SOLE 280,000
EMERSON ELECTRIC CO. COM 291011104 8,939 160,000 SH SOLE 160,000
EXPRESS SCRIPTS HOLDING CO. COM 30219G108 14,701 255,000 SH SOLE 255,000
EXXON MOBIL CORP. COM 30231G102 9,462 105,000 SH SOLE 105,000
FEDEX CORP. COM 31428X106 7,365 75,000 SH SOLE 75,000
FIFTH THIRD BANCORP COM 316773100 10,846 665,000 SH SOLE 665,000
FREEPORT-MCMORAN COPPER & GOLD COM 35671D857 5,485 165,700 SH SOLE 165,700
GENERAL ELECTRIC CO. COM 369604103 16,878 730,000 SH SOLE 730,000
GENERAL MILLS INC. COM 370334104 11,341 230,000 SH SOLE 230,000
GILEAD SCIENCES INC. COM 375558103 20,257 414,000 SH SOLE 414,000
GOOGLE INC. CL A 38259P508 14,293 18,000 SH SOLE 18,000
HALLIBURTON CO. COM 406216101 6,061 150,000 SH SOLE 150,000
HCP, INC. COM 40414L109 6,233 125,000 SH SOLE 125,000
HOLOGIC, INC. COM 436440101 9,492 420,000 SH SOLE 420,000
HONEYWELL INT'L INC. COM 438516106 22,228 295,000 SH SOLE 295,000
IDACORP, INC. COM 451107106 6,516 135,000 SH SOLE 135,000
INTEL CORP. COM 458140100 12,455 570,000 SH SOLE 570,000
INTERNATIONAL BUSINESS MACHINES COM 459200101 22,397 105,000 SH SOLE 105,000
JPMORGAN CHASE & CO. COM 46625H100 28,476 600,000 SH SOLE 600,000
KINDER MORGAN INC. COM 49456B101 6,576 170,000 SH SOLE 170,000
LOWE'S COMPANIES, INC. COM 548661107 20,856 550,000 SH SOLE 550,000
LYONDELLBASELL INDUSTRIES N.V. SHS-A N53745100 10,000 158,000 SH SOLE 158,000
MARRIOTT INTERNATIONAL INC. CL A 571903202 12,669 300,000 SH SOLE 300,000
MASCO CORP. COM 574599106 7,391 365,000 SH SOLE 365,000
MASTERCARD, INC. COM 57636Q104 12,446 23,000 SH SOLE 23,000
MCDONALD'S CORP. COM 580135101 17,944 180,000 SH SOLE 180,000
MCKESSON CORP. COM 58155Q103 12,523 116,000 SH SOLE 116,000
MEDNAX, INC. COM 58502B106 6,274 70,000 SH SOLE 70,000
MEDTRONIC, INC. COM 585055106 3,052 65,000 SH SOLE 65,000
MERCK & CO. INC COM 589331107 22,115 500,000 SH SOLE 500,000
METLIFE INC. COM 59156R108 16,539 435,000 SH SOLE 435,000
MICROSOFT CORP. COM 594918104 20,027 700,000 SH SOLE 700,000
NATIONAL OILWELL VARCO, INC. COM 637071101 7,075 100,000 SH SOLE 100,000
NEWELL RUBBERMAID INC. COM 651229106 10,440 400,000 SH SOLE 400,000
NISOURCE INC. COM 65473P105 6,161 210,000 SH SOLE 210,000
ORACLE CORP. COM 68389X105 16,170 500,000 SH SOLE 500,000
PANERA BREAD CO. CL A 69840W108 2,479 15,000 SH SOLE 15,000
PEABODY ENERGY CORP. COM 704549104 816 38,560 SH SOLE 38,560
PEPSICO, INC. COM 713448108 19,777 250,000 SH SOLE 250,000
PETROLEUM & RESOURCES CORP. COM 716549100 56,812 2,186,774 SH SOLE 2,186,774
PFIZER INC. COM 717081103 19,913 690,000 SH SOLE 690,000
PHILIP MORRIS INTERNATIONAL INC. COM 718172109 14,834 160,000 SH SOLE 160,000
PHILLIPS 66 COM 718546104 9,016 128,850 SH SOLE 128,850
PNC FINANCIAL SERVICES GROUP COM 693475105 9,975 150,000 SH SOLE 150,000
POTASH CORP OF SASKATCHEWAN INC. COM 73755L107 5,106 130,100 SH SOLE 130,100
PRAXAIR, INC. COM 74005P104 7,529 67,500 SH SOLE 67,500
PROCTER & GAMBLE CO. COM 742718109 13,486 175,000 SH SOLE 175,000
QUALCOMM INC. COM 747525103 26,780 400,000 SH SOLE 400,000
RYLAND GROUP INC. COM 783764103 13,880 333,500 SH SOLE 333,500
SAFEWAY INC. COM NEW 786514208 8,959 340,000 SH SOLE 340,000
SCHLUMBERGER LTD COM 806857108 8,987 120,000 SH SOLE 120,000
SEADRILL LTD. SHS G7945E105 1,488 40,000 SH SOLE 40,000
SENOMYX, INC. COM 81724Q107 2,308 1,093,700 SH SOLE 1,093,700
SOUTH JERSEY INDUSTRIES, INC. COM 838518108 5,559 100,000 SH SOLE 100,000
SPECTRA ENERGY CORP. COM 847560109 1,700 55,280 SH SOLE 55,280
T. ROWE PRICE GROUP INC. COM 74144T108 7,487 100,000 SH SOLE 100,000
TARGET CORP. COM 87612E106 8,214 120,000 SH SOLE 120,000
TEREX CORP. COM 880779103 9,121 265,000 SH SOLE 265,000
TEVA PHARMACEUTICAL INDUSTRIES ADR 881624209 8,730 220,000 SH SOLE 220,000
UNILEVER PLC ADR SPON ADR NEW 904767704 13,728 325,000 SH SOLE 325,000
UNITED TECHNOLOGIES CORP. COM 913017109 17,238 184,500 SH SOLE 184,500
UNITEDHEALTH GROUP INC. COM 91324P102 16,448 287,500 SH SOLE 287,500
US BANCORP COM NEW 902973304 15,947 470,000 SH SOLE 470,000
VERIZON COMMUNICATIONS INC. COM 92343V104 14,745 300,000 SH SOLE 300,000
WALT DISNEY CO. COM 254687106 20,448 360,000 SH SOLE 360,000
WELLCARE HEALTH PLANS, INC. COM 94946T106 5,796 100,000 SH SOLE 100,000
WELLS FARGO & CO. COM 949746101 20,714 560,000 SH SOLE 560,000
WISCONSIN ENERGY CORP. COM 976657106 6,862 160,000 SH SOLE 160,000
ZIMMER HOLDINGS, INC. COM 98956P102 8,650 115,000 SH SOLE 115,000
1,252,345