Adams Natural Resources Fund’s Texas Pacific Land TPL Stock Holding History

Adams Natural Resources Fund’s Portfolio TPL Stock Details TPL Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	$5.84M	Hold	13,350	–	–	0.77%	28
2026 Q1	$6.34M	Hold	13,350	–	–	0.73%	27
2025 Q4	$3.83M	Sell	13,350 -2,100	-14%	-$641K	0.58%	31
2025 Q3	$4.81M	Sell	15,450 -900	-6%	-$283K	0.73%	29
2025 Q2	$5.76M	Sell	16,350 -218,550	-93%	-$89.4M	0.91%	27
2025 Q1	$10.3M	Buy	234,900 +218,250	+1,311%	+$97.3M	1.52%	19
2024 Q4	$6.14M	Buy	+16,650	New	+$6.81M	0.97%	24

Other funds holding TPL

HKAM

Horizon Kinetics Asset Management New York $8.82B AUM 23.05% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM

Vanguard Portfolio Management Malvern, Pennsylvania $2.22T AUM

Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return

First Manhattan New York $39.2B AUM 21.04% 1-Year Est. Return

SoftVest Advisors Abilene, Texas $921M AUM 45.28% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Invesco Atlanta, Georgia $1.26T AUM 61.52% 1-Year Est. Return

Adams Natural Resources Fund's TPL Position: Q2 2026 in Review

Adams Natural Resources Fund held its Texas Pacific Land (TPL) position steady in Q2 2026 at 13,350 shares worth $5.84M. The position accounts for 0.77% of the portfolio, ranked #28.

Adams Natural Resources Fund first reported a position in TPL in Q4 2024 and has held it in 7 quarters since. The position peaked at $10.3M in Q1 2025. 873 funds tracked by Wall St. Rank hold TPL as of Q2 2026.

Adams Natural Resources Fund held 13,350 shares of Texas Pacific Land worth $5.84M as of Q2 2026.
Adams Natural Resources Fund left its Texas Pacific Land share count unchanged in Q2 2026.
Texas Pacific Land made up 0.77% of Adams Natural Resources Fund's portfolio in Q2 2026, its #28 holding.
Adams Natural Resources Fund first reported a position in Texas Pacific Land in Q4 2024 and has held it in 7 quarters since.
Adams Natural Resources Fund's Texas Pacific Land position peaked at $10.3M in Q1 2025.
873 funds tracked by Wall St. Rank held Texas Pacific Land as of Q2 2026.

Based on Adams Natural Resources Fund's 13F filing for Q2 2026, filed 22 Jul 2026.