HAWAIIAN ELEC INDUSTRIES

Ticker: HE CUSIP: 419870100 Class: COM

Adams Asset Advisors, LLC's Holding History (CIK: 0001386929)

Note: Option positions (PUT/CALL) are excluded.

Q2 2015

Shares 60,975 Value ($000) $1,812 Avg Close $31.09 Range $29.62 - $32.58

Q1 2015

Shares 60,975 Value ($000) $1,958 Avg Close $33.33 Range $31.75 - $34.86

Q4 2014

Shares 60,975 Value ($000) $2,041 Avg Close $29.12 Range $26.04 - $35.00

Q3 2014

Shares 63,797 Value ($000) $1,693 Avg Close $24.82 Range $22.71 - $26.89

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2015	60,975	$1,812	$31.09	$29.62 - $32.58
Q1 2015	60,975	$1,958	$33.33	$31.75 - $34.86
Q4 2014	60,975	$2,041	$29.12	$26.04 - $35.00
Q3 2014	63,797	$1,693	$24.82	$22.71 - $26.89