ANRF

Adams Natural Resources Fund’s Steel Dynamics STLD Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2025 Q2	$1.6M	Sell	12,526 -50,274	-80%	-$6.44M	0.25%	44
2025 Q1	$1.99M	Buy	62,800 +50,274	+401%	+$1.59M	0.29%	39
2024 Q4	$1.43M	Hold	12,526	–	–	0.23%	45
2024 Q3	$1.58M	Hold	12,526	–	–	0.23%	45
2024 Q2	$1.62M	Hold	12,526	–	–	0.24%	42
2024 Q1	$1.86M	Hold	12,526	–	–	0.26%	42
2023 Q4	$1.48M	Hold	12,526	–	–	0.23%	44
2023 Q3	$1.34M	Hold	12,526	–	–	0.2%	46
2023 Q2	$1.36M	Sell	12,526 -15,474	-55%	-$1.69M	0.22%	44
2023 Q1	$3.17M	Hold	28,000	–	–	0.51%	34
2022 Q4	$2.74M	Hold	28,000	–	–	0.42%	36
2022 Q3	$1.99M	Sell	28,000 -4,500	-14%	-$319K	0.36%	40
2022 Q2	$2.15M	Hold	32,500	–	–	0.39%	38
2022 Q1	$2.71M	Buy	32,500 +7,700	+31%	+$642K	0.46%	39
2021 Q4	$1.54M	Sell	24,800 -11,200	-31%	-$695K	0.33%	46
2021 Q3	$2.11M	Buy	36,000 +1,900	+6%	+$111K	0.49%	37
2021 Q2	$2.03M	Sell	34,100 -10,900	-24%	-$650K	0.46%	35
2021 Q1	$2.28M	Hold	45,000	–	–	0.56%	36
2020 Q4	$1.66M	Buy	+45,000	New	+$1.66M	0.5%	36
2018 Q4	–	Sell	-98,800	Closed	-$4.47M	–	60
2018 Q3	$4.47M	Sell	98,800 -26,500	-21%	-$1.2M	0.65%	38
2018 Q2	$5.76M	Hold	125,300	–	–	0.84%	29
2018 Q1	$5.54M	Hold	125,300	–	–	0.89%	30
2017 Q4	$5.4M	Sell	125,300 -8,600	-6%	-$371K	0.81%	32
2017 Q3	$4.62M	Hold	133,900	–	–	0.71%	35
2017 Q2	$4.8M	Hold	133,900	–	–	0.79%	34
2017 Q1	$4.65M	Buy	133,900 +78,200	+140%	+$2.72M	0.71%	37
2016 Q4	$1.98M	Buy	+55,700	New	+$1.98M	0.3%	45