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PEO

Adams Natural Resources Fund

73 hedge funds and large institutions have $220M invested in Adams Natural Resources Fund in 2023 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 20 increasing their positions, 27 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

828% more call options, than puts

Call options by funds: $687K | Put options by funds: $74K

16% more capital invested

Capital invested by funds: $190M → $220M (+$30.4M)

1.69% more ownership

Funds ownership: 37.78%39.47% (+1.7%)

0% more funds holding

Funds holding: 7373 (0)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

0% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 8

26% less repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 27

Holders
73
Holders Change
Holders Change %
0%
% of All Funds
1.16%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
8
Increased
20
Reduced
27
Closed
8
Calls
$687K
Puts
$74K
Net Calls
+$613K
Net Calls Change
+$257K
Name Holding Trade Value Shares
Change
Change in
Stake
ADEF
1
Adams Diversified Equity Fund
Maryland
$50.6M
SCM
2
Saba Capital Management
New York
$37.8M +$20.5M +945,290 +125%
Lazard Asset Management
3
Lazard Asset Management
New York
$16.2M -$44K -2,033 -0.3%
Morgan Stanley
4
Morgan Stanley
New York
$15.8M -$897K -41,428 -6%
CA
5
Cornerstone Advisors
North Carolina
$10.9M -$1.9M -87,898 -15%
BW
6
Basepoint Wealth
Iowa
$10.3M +$97.7K +4,509 +1%
CL
7
CSS LLC
Illinois
$9.13M -$3.17M -146,146 -26%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$6.94M +$246K +11,334 +4%
Bank of America
9
Bank of America
North Carolina
$5.21M -$1.16M -53,740 -19%
RJA
10
Raymond James & Associates
Florida
$4.25M +$260K +12,008 +7%
IFO
11
Intrepid Family Office
Florida
$3.7M
Cohen & Steers
12
Cohen & Steers
New York
$3.61M
1CP
13
1607 Capital Partners
Virginia
$3.5M -$754K -34,790 -18%
NSAM
14
North Star Asset Management
Wisconsin
$3.26M -$168K -7,734 -5%
WAM
15
Wolverine Asset Management
Illinois
$2.96M -$1.59M -73,412 -36%
TJHA
16
Thomas J. Herzfeld Advisors
Florida
$2.7M -$373K -17,210 -12%
Baird Financial Group
17
Baird Financial Group
Wisconsin
$2.5M +$59.8K +2,760 +3%
FC
18
FCA Corp
Texas
$2.27M +$78K +3,601 +4%
HighTower Advisors
19
HighTower Advisors
Illinois
$2.07M -$564K -26,020 -22%
Wealth Enhancement Advisory Services
20
Wealth Enhancement Advisory Services
Minnesota
$1.72M +$1.67M +77,278 New
WCM
21
Whitener Capital Management
North Carolina
$1.6M +$33.9K +1,567 +2%
Stifel Financial
22
Stifel Financial
Missouri
$1.52M -$2.77K -128 -0.2%
UCI
23
Uncommon Cents Investing
Wisconsin
$1.5M -$4.51K -208 -0.3%
NFG
24
Nations Financial Group
Iowa
$1.35M
AA
25
AQR Arbitrage
Connecticut
$1.34M -$571K -26,361 -30%

PEO Hedge Fund Activity: Q3 2023 in Review

73 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Adams Natural Resources Fund (PEO) for Q3 2023, worth a combined $220M — up 16% from $190M a quarter earlier.

Fund positioning in PEO was balanced in Q3 2023: 8 funds opened new positions, 8 closed out, 20 added to existing stakes and 27 trimmed.

The largest buyer was Saba Capital Management, adding an estimated $20.5M. The largest seller was CSS LLC, cutting an estimated $3.17M.

  • 73 institutional investors held Adams Natural Resources Fund (PEO) as of Q3 2023, unchanged from Q2 2023.
  • Funds reported $220M of Adams Natural Resources Fund stock for Q3 2023, up 16% quarter-over-quarter.
  • 8 funds opened new Adams Natural Resources Fund positions in Q3 2023 and 8 closed out, a net change of 0 holders.
  • The largest Adams Natural Resources Fund buyer in Q3 2023 was Saba Capital Management, an estimated $20.5M added.
  • The largest Adams Natural Resources Fund seller in Q3 2023 was CSS LLC, an estimated $3.17M sold.

Based on aggregated 13F filings for Q3 2023.