Salem Investment Counselors’s Adams Natural Resources Fund PEO Stock Holding History

Salem Investment Counselors’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
2017 Q2	–	Sell	-3,294	Closed	-$61K	–	722
2017 Q1	$61K	Sell	3,294 -8	-0.2%	-$153	0.01%	363
2016 Q4	$64K	Sell	3,302 -3,419	-51%	-$65.3K	0.01%	333
2016 Q3	$1.29K	Buy	+6,721	New	+$128K	0.02%	243
2016 Q2	–	Sell	-11,010	Closed	-$191K	–	262
2016 Q1	$191K	Hold	11,010	–	–	0.02%	242
2015 Q4	$188K	Hold	11,010	–	–	0.02%	244
2015 Q3	$191K	Sell	11,010 -520	-5%	-$10K	0.03%	249
2015 Q2	$248K	Sell	11,530 -842	-7%	-$19.4K	0.03%	247
2015 Q1	$276K	Hold	12,372	–	–	0.03%	243
2014 Q4	$284K	Sell	12,372 -676	-5%	-$16.8K	0.03%	230
2014 Q3	$362K	Hold	13,048	–	–	0.04%	218
2014 Q2	$391K	Buy	13,048 +1,492	+13%	+$42.2K	0.05%	216
2014 Q1	$310K	Hold	11,556	–	–	0.04%	239
2013 Q4	$304K	Hold	11,556	–	–	0.04%	228
2013 Q3	$301K	Hold	11,556	–	–	0.04%	229
2013 Q2	$285K	Buy	+11,556	New	+$287K	0.04%	227

Other funds holding PEO

ADEF

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

Lazard Asset Management New York $60.8B AUM 22.47% 1-Year Est. Return

Cornerstone Advisors Asheville, North Carolina $2.72B AUM 22.17% 1-Year Est. Return

Matisse Capital Portland, Oregon $234M AUM 19.72% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

Citigroup New York $235B AUM 32.99% 1-Year Est. Return

NSAM

North Star Asset Management Neenah, Wisconsin $2.31B AUM 10.09% 1-Year Est. Return

Salem Investment Counselors's PEO Position: Q2 2017 in Review

Salem Investment Counselors sold out of Adams Natural Resources Fund (PEO) in Q2 2017, closing a stake of 3,294 shares — an estimated $61K sold.

Salem Investment Counselors first reported a position in PEO in Q2 2013 and held it in 15 quarters. The position peaked at $391K in Q2 2014. 55 funds tracked by Wall St. Rank hold PEO as of Q2 2017.

Salem Investment Counselors reported no remaining Adams Natural Resources Fund position as of Q2 2017 after selling out during the quarter.
Salem Investment Counselors sold 3,294 Adams Natural Resources Fund shares in Q2 2017, an estimated $61K.
Salem Investment Counselors first reported a position in Adams Natural Resources Fund in Q2 2013 and held it in 15 quarters.
Salem Investment Counselors's Adams Natural Resources Fund position peaked at $391K in Q2 2014.
55 funds tracked by Wall St. Rank held Adams Natural Resources Fund as of Q2 2017.

Based on Salem Investment Counselors's 13F filing for Q2 2017, filed 14 Aug 2017.