Adams Natural Resources Fund
PEO
75 hedge funds and large institutions have $179M invested in Adams Natural Resources Fund in 2019 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 23 increasing their positions, 28 reducing their positions, and 6 closing their positions.
117% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 6
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
27% more capital invested
Capital invested by funds: $141M → $179M (+$38.2M)
10% more funds holding
Funds holding: 68 → 75 (+7)
7.05% more ownership
Funds ownership: 31.37% → 38.42% (+7.1%)
18% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 28
19% less call options, than puts
Call options by funds: $252K | Put options by funds: $313K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$27M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$4.14M |
| 3 |
PCM
Penserra Capital Management
Orinda,
California
|
+$3.8M |
| 4 |
Millennium Management
New York
|
+$2.05M |
| 5 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$890K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$2.7M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.19M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
-$1.94M |
| 4 |
MC
Matisse Capital
Portland,
Oregon
|
-$1.87M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.14M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AA
76
AQR Arbitrage
Greenwich,
Connecticut
| – | -$739K | -48,506 | Closed |
|
|
KIM
77
Karpus Investment Management
Pittsford,
New York
| – | -$465K | -30,518 | Closed |
|
|
AGM
78
Alpine Global Management
New York
| – | -$224K | -14,726 | Closed |
|
|
GEM
79
Global Endowment Management
Charlotte,
North Carolina
| – | -$188K | -12,338 | Closed |
|
80
Fidelity Investments
Boston,
Massachusetts
| – | +$15 | +1 | New |
|
PEO Hedge Fund Activity: Q4 2019 in Review
75 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Adams Natural Resources Fund (PEO) for Q4 2019, worth a combined $179M — up 27% from $141M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new PEO positions and 6 closed out — a net gain of 7 holders — while 23 added to existing stakes and 28 trimmed.
The largest buyer was Ancora Advisors, adding an estimated $27M. The largest seller was City of London Investment Management, cutting an estimated $2.7M.
- 75 institutional investors held Adams Natural Resources Fund (PEO) as of Q4 2019, up from 68 in Q3 2019.
- Funds reported $179M of Adams Natural Resources Fund stock for Q4 2019, up 27% quarter-over-quarter.
- 13 funds opened new Adams Natural Resources Fund positions in Q4 2019 and 6 closed out, a net change of +7 holders.
- The largest Adams Natural Resources Fund buyer in Q4 2019 was Ancora Advisors, an estimated $27M added.
- The largest Adams Natural Resources Fund seller in Q4 2019 was City of London Investment Management, an estimated $2.7M sold.
Based on aggregated 13F filings for Q4 2019.