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Adams Natural Resources Fund, Inc.

PEO
Exchange
NYSE
SEC CIK
0000216851

No open-market purchases or sales by Adams Natural Resources Fund, Inc. insiders were filed in the last 90 days; 99 institutions reported holding it in 13F filings for Q2 2026, worth $269.7M in total; no superinvestor holds it.

13F holders, Q3 2025

Institutional positions in Adams Natural Resources Fund, Inc. as of Sep 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
87
+3 vs. Q2 2025
Shares held
10.8M
+208.7K (+2.0%) vs. Q2 2025
Total value
$232.9M
+$6.09M (+2.7%) vs. Q2 2025
New holders
7
36 more added
Sold out
4
24 more reduced

1 institution that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting PEO on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ3 2025: 87 institutions
Q1 2021: 64 institutionsQ2 2021: 63 institutionsQ3 2021: 64 institutionsQ4 2021: 69 institutionsQ1 2022: 69 institutionsQ2 2022: 70 institutionsQ3 2022: 66 institutionsQ4 2022: 78 institutionsQ1 2023: 77 institutionsQ2 2023: 73 institutionsQ3 2023: 73 institutionsQ4 2023: 82 institutionsQ1 2024: 84 institutionsQ2 2024: 84 institutionsQ3 2024: 85 institutionsQ4 2024: 87 institutionsQ1 2025: 89 institutionsQ2 2025: 85 institutionsQ3 2025: 87 institutionsQ4 2025: 86 institutionsQ1 2026: 100 institutionsQ2 2026: 99 institutions
Value heldQ3 2025: $232.9M
Q1 2021: $104.7MQ2 2021: $110.9MQ3 2021: $109.5MQ4 2021: $127.5MQ1 2022: $165.8MQ2 2022: $165.2MQ3 2022: $167.4MQ4 2022: $192.7MQ1 2023: $180.2MQ2 2023: $189.8MQ3 2023: $220.2MQ4 2023: $197.9MQ1 2024: $226.1MQ2 2024: $238.5MQ3 2024: $231.1MQ4 2024: $224.1MQ1 2025: $235.5MQ2 2025: $226.9MQ3 2025: $232.9MQ4 2025: $237.2MQ1 2026: $292.7MQ2 2026: $269.7M
Institutions holding PEO and their total value by quarter
QuarterHoldersValue
Q2 202699$269.7M
Q1 2026100$292.7M
Q4 202586$237.2M
Q3 202587$232.9M
Q2 202585$226.9M
Q1 202589$235.5M
Q4 202487$224.1M
Q3 202485$231.1M
Q2 202484$238.5M
Q1 202484$226.1M
Q4 202382$197.9M
Q3 202373$220.2M
Q2 202373$189.8M
Q1 202377$180.2M
Q4 202278$192.7M
Q3 202266$167.4M
Q2 202270$165.2M
Q1 202269$165.8M
Q4 202169$127.5M
Q3 202164$109.5M
Q2 202163$110.9M
Q1 202164$104.7M

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding Adams Natural Resources Fund, Inc.; share changes are against Q2 2025.

Institutions holding PEO in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Saba Capital Management, L.P.2,687,324$57.8M1.91%−190,015−6.6%Reduced
Adams Diversified Equity Fund, Inc.2,516,002$54.1M1.82%+59,821+2.4%Added
Morgan Stanley915,163$19.7M0.00%+120,838+15.2%Added
Royal Bank of Canada521,442$11.2M0.00%−4,647−0.9%Reduced
Lazard Asset Management LLC510,075$11.0M0.01%+96,622+23.4%Added
Penserra Capital Management LLC272,359$5.86M0.07%+60,228+28.4%Added
Pathstone Holdings, LLC264,520$5.69M0.02%+58,231+28.2%Added
Raymond James Financial Inc221,033$4.76M0.00%−2,245−1.0%Reduced
Basepoint Wealth LLC168,880$3.63M2.57%−6,460−3.7%Reduced
Wolverine Asset Management LLC155,166$3.34M0.05%+40,996+35.9%Added
Intrepid Family Office LLC150,000$3.23M2.92%−24,187−13.9%Reduced
Cohen & Steers, Inc.149,985$3.23M0.01%−21,000−12.3%Reduced
Verition Fund Management LLC145,791$3.14M0.02%+19,870+15.8%Added
Fca Corp126,925$2.73M0.76%+4,928+4.0%Added
Bank of America Corp122,825$2.64M0.00%+1,837+1.5%Added
Capstone Investment Advisors, LLC113,761$2.45M0.02%00.0%Unchanged
CSS LLC113,289$2.44M0.15%−5,904−5.0%Reduced
Blue Bell Private Wealth Management, LLC113,014$2.43M0.37%−510−0.4%Reduced
North Star Asset Management Inc88,281$1.90M0.08%−2,862−3.1%Reduced
Whitener Capital Management, Inc.77,489$1.67M0.40%+987+1.3%Added
First Trust Advisors LP72,305$1.56M0.00%+9,741+15.6%Added
Advisors Asset Management, Inc.67,376$1.45M0.02%+21,554+47.0%Added
HighTower Advisors, LLC66,406$1.43M0.00%+325+0.5%Added
D.A. Davidson & Co.66,087$1.42M0.01%+1,799+2.8%Added
Uhlmann Price Securities, LLC64,568$1.39M0.85%+2,893+4.7%Added
LPL Financial LLC61,749$1.33M0.00%+17,782+40.4%Added
Sprott Inc.60,610$1.30M0.05%+1,078+1.8%Added
Wealth Enhancement Advisory Services, LLC60,020$1.30M0.00%−2,126−3.4%Reduced
Uncommon Cents Investing LLC59,965$1.29M0.32%−250−0.4%Reduced
Nations Financial Group Inc,54,807$1.18M0.07%00.0%Unchanged
Stifel Financial Corp53,359$1.15M0.00%−2,697−4.8%Reduced
Wells Fargo & Company43,576$937.7K0.00%−507−1.2%Reduced
Principal Securities, Inc.41,157$885.7K0.01%+10,372+33.7%Added
Wealthcare Advisory Partners LLC36,629$788.3K0.02%+130.0%Added
Baird Financial Group, Inc.32,961$709.3K0.00%00.0%Unchanged
UBS Group AG32,605$701.7K0.00%−4,680−12.6%Reduced
Burney Co30,978$666.6K0.02%+1,376+4.6%Added
Kestra Advisory Services, LLC30,805$662.9K0.00%−735−2.3%Reduced
Cambridge Investment Research Advisors, Inc.29,191$628.0K0.00%−439−1.5%Reduced
Roberts Glore & Co Inc28,205$607.0K0.17%+1,523+5.7%Added
Cullen Investment Group, Ltd.26,945$582.8K0.08%−1,758−6.1%Reduced
Jones Financial Companies LLLP25,339$561.3K0.00%+8,126+47.2%Added
Cetera Investment Advisers24,500$527.3K0.00%−123−0.5%Reduced
Concurrent Investment Advisors, LLC24,169$520.1K0.01%+9,237+61.9%Added
Kovack Advisors, Inc.22,454$483.2K0.05%−3,004−11.8%Reduced
Commonwealth Equity Services, LLC22,182$477.0K0.00%−100−0.4%Reduced
Advisor Group Holdings, Inc.18,946$416.6K0.00%−2,050−9.8%Reduced
Alta Capital Management LLC16,000$344.3K0.02%00.0%Unchanged
Colony Group, LLC15,570$335.1K0.00%00.0%Unchanged
PFG Investments, LLC14,677$315.9K0.02%+279+1.9%Added
Guggenheim Capital LLC14,488$311.8K0.00%+14,488New
Jane Street Group, LLC14,147$304.4K0.00%+14,147New
Moors & Cabot, Inc.13,971$300.7K0.01%−73−0.5%Reduced
Millennium Management LLC13,310$286.4K0.00%00.0%Unchanged
GWM Advisors LLC12,806$275.6K0.00%+206+1.6%Added
SeaCrest Wealth Management, LLC12,600$274.4K0.03%00.0%Unchanged
Level Four Advisory Services, LLC12,257$263.8K0.01%+246+2.0%Added
Balyasny Asset Management LLC10,445$224.8K0.00%+10,445New
Creative Planning10,302$221.7K0.00%+813+8.6%Added
Vantage Financial Partners, LLC10,074$216.8K0.05%+240+2.4%Added
Searle & Co.9,760$210.0K0.06%+229+2.4%Added
JFS Wealth Advisors, LLC9,369$201.6K0.01%00.0%Unchanged
CIBC Private Wealth Group, LLC8,091$174.1K0.00%00.0%Unchanged
Northwestern Mutual Wealth Management Co4,436$95.5K0.00%+1,635+58.4%Added
JPMorgan Chase & Co4,015$86.4K0.00%+88+2.2%Added
Fifth Third Bancorp3,149$67.8K0.00%+74+2.4%Added
Advisory Services Network, LLC2,239$48.2K0.00%+2,239New
CWM, LLC2,239$48.0K0.00%00.0%Unchanged
Comerica Bank2,116$45.5K0.00%+159+8.1%Added
The PNC Financial Services Group, Inc.1,950$42.0K0.00%00.0%Unchanged
EverSource Wealth Advisors, LLC1,873$40.3K0.00%00.0%Unchanged
Geneos Wealth Management Inc.1,863$40.1K0.00%−709−27.6%Reduced
Hilltop National Bank1,695$36.5K0.01%00.0%Unchanged
Highline Wealth Partners LLC1,500$32.3K0.01%+1,500New
NBC Securities, Inc.1,201$25.8K0.00%+29+2.5%Added
Loring Wolcott & Coolidge Fiduciary Advisors LLP1,108$24.0K0.00%00.0%Unchanged
Zazove Associates LLC930$20.0K0.00%+22+2.4%Added
Barrett & Company, Inc.800$17.2K0.01%00.0%Unchanged
Parkside Financial Bank & Trust682$14.7K0.00%00.0%Unchanged
Crewe Advisors LLC500$10.8K0.00%00.0%Unchanged
Cape Investment Advisory, Inc.493$10.6K0.01%00.0%Unchanged
Atlantic Union Bankshares Corp300$6.46K0.00%+300New
Wealthspire Advisors, LLC253$5.45K0.00%+253New
WPG Advisers, LLC220$4.73K0.00%+97+78.9%Added
Ancora Advisors, LLC200$4.30K0.00%00.0%Unchanged
Simplex Trading, LLC84$1.00K0.00%−356−80.9%Reduced
Harbour Investments, Inc.3$650.00%00.0%Unchanged
Polar Asset Management Partners Inc.0$00.00%−67,184−100.0%Sold out
Susquehanna International Group, LLP0$00.00%−25,942−100.0%Sold out
Quantedge Capital Pte Ltd0$00.00%−15,432−100.0%Sold out
Kiker Wealth Management, LLC0$00.00%−2,966−100.0%Sold out
Semmax Financial Advisors Inc.––––Not filed