Adams Natural Resources Fund
PEO
87 hedge funds and large institutions have $233M invested in Adams Natural Resources Fund in 2025 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 36 increasing their positions, 24 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
50% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 24
2% more funds holding
Funds holding: 85 → 87 (+2)
3% more capital invested
Capital invested by funds: $227M → $233M (+$6.07M)
0.79% more ownership
Funds ownership: 40.4% → 41.19% (+0.79%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $6K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.61M |
| 2 |
Lazard Asset Management
New York
|
+$2.08M |
| 3 |
PCM
Penserra Capital Management
Orinda,
California
|
+$1.3M |
| 4 |
ADEF
Adams Diversified Equity Fund
Baltimore,
Maryland
|
+$1.29M |
| 5 |
Pathstone Holdings
Englewood,
New Jersey
|
+$1.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$4.1M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$1.44M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$554K |
| 4 |
IFO
Intrepid Family Office
Sarasota,
Florida
|
-$522K |
| 5 |
Cohen & Steers
New York
|
-$453K |
PEO Hedge Fund Activity: Q3 2025 in Review
87 of the 7,641 institutional investors tracked by Wall St. Rank reported a position in Adams Natural Resources Fund (PEO) for Q3 2025, worth a combined $233M — up 2.7% from $227M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new PEO positions and 4 closed out — a net gain of 3 holders — while 36 added to existing stakes and 24 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.61M. The largest seller was Saba Capital Management, cutting an estimated $4.1M.
- 87 institutional investors held Adams Natural Resources Fund (PEO) as of Q3 2025, up from 85 in Q2 2025.
- Funds reported $233M of Adams Natural Resources Fund stock for Q3 2025, up 2.7% quarter-over-quarter.
- 7 funds opened new Adams Natural Resources Fund positions in Q3 2025 and 4 closed out, a net change of +3 holders.
- The largest Adams Natural Resources Fund buyer in Q3 2025 was Morgan Stanley, an estimated $2.61M added.
- The largest Adams Natural Resources Fund seller in Q3 2025 was Saba Capital Management, an estimated $4.1M sold.
Based on aggregated 13F filings for Q3 2025.