Cliff Asness’s Adams Natural Resources Fund PEO Stock Holding History

Cliff Asness’s Portfolio PEO Stock Details PEO Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q1	–	Sell	-75,014	Closed	-$1.72M	–	2279
2014 Q4	$1.72M	Sell	75,014 -78,491	-51%	-$1.95M	﹤0.01%	1365
2014 Q3	$4.25M	Sell	153,505 -10,942	-7%	-$321K	0.01%	892
2014 Q2	$4.93M	Hold	164,447	–	–	0.01%	906
2014 Q1	$4.42M	Buy	164,447 +6,969	+4%	+$180K	0.01%	913
2013 Q4	$4.15M	Buy	+157,478	New	+$4.15M	0.01%	961
2013 Q3	–	Sell	-118,333	Closed	-$2.92M	–	2520
2013 Q2	$2.92M	Buy	+118,333	New	+$2.94M	0.01%	1100

Other funds holding PEO

ADEF

Adams Diversified Equity Fund Baltimore, Maryland $3.27B AUM 45.57% 1-Year Est. Return

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

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

COLIM

City of London Investment Management London, United Kingdom $1.66B AUM 59.71% 1-Year Est. Return

NSAM

North Star Asset Management Neenah, Wisconsin $2.54B AUM 17.62% 1-Year Est. Return

TJHA

Thomas J. Herzfeld Advisors Miami Beach, Florida $326M AUM 0.12% 1-Year Est. Return

1CP

1607 Capital Partners Richmond, Virginia $1.15B AUM 12.28% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $672B AUM 33.48% 1-Year Est. Return

RJA

Raymond James & Associates St Petersburg, Florida $164B AUM 33.91% 1-Year Est. Return

Commonwealth Equity Services Waltham, Massachusetts $79.5B AUM 27.1% 1-Year Est. Return

Cliff Asness's PEO Position: Q1 2015 in Review

Cliff Asness sold out of Adams Natural Resources Fund (PEO) in Q1 2015, closing a stake of 75,014 shares — an estimated $1.72M sold.

Cliff Asness first reported a position in PEO in Q2 2013 and held it in 6 quarters. The position peaked at $4.93M in Q2 2014. 53 funds tracked by Wall St. Rank hold PEO as of Q1 2015.

Cliff Asness reported no remaining Adams Natural Resources Fund position as of Q1 2015 after selling out during the quarter.
Cliff Asness sold 75,014 Adams Natural Resources Fund shares in Q1 2015, an estimated $1.72M.
Cliff Asness first reported a position in Adams Natural Resources Fund in Q2 2013 and held it in 6 quarters.
Cliff Asness's Adams Natural Resources Fund position peaked at $4.93M in Q2 2014.
53 funds tracked by Wall St. Rank held Adams Natural Resources Fund as of Q1 2015.

Based on AQR Capital Management's 13F filing for Q1 2015, filed 15 May 2015.