Adams Natural Resources Fund
PEO
99 hedge funds and large institutions have $293M invested in Adams Natural Resources Fund in 2026 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 46 increasing their positions, 19 reducing their positions, and 5 closing their positions.
340% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 5
142% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 19
23% more capital invested
Capital invested by funds: $237M → $293M (+$55.5M)
15% more funds holding
Funds holding: 86 → 99 (+13)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
1.44% less ownership
Funds ownership: 41.51% → 40.08% (-1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$7.48M |
| 2 |
ADEF
Adams Diversified Equity Fund
Baltimore,
Maryland
|
+$1.24M |
| 3 |
SJIC
St. James Investment Company
Southlake,
Texas
|
+$978K |
| 4 |
Cohen & Steers
New York
|
+$809K |
| 5 |
Calamos Advisors
Naperville,
Illinois
|
+$763K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$11M |
| 2 |
PCM
Penserra Capital Management
Orinda,
California
|
-$6.53M |
| 3 |
Pathstone Holdings
Englewood,
New Jersey
|
-$4.57M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.34M |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
-$632K |
PEO Hedge Fund Activity: Q1 2026 in Review
99 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in Adams Natural Resources Fund (PEO) for Q1 2026, worth a combined $293M — up 23% from $237M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new PEO positions and 5 closed out — a net gain of 17 holders — while 46 added to existing stakes and 19 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $7.48M. The largest seller was Saba Capital Management, cutting an estimated $11M.
- 99 institutional investors held Adams Natural Resources Fund (PEO) as of Q1 2026, up from 86 in Q4 2025.
- Funds reported $293M of Adams Natural Resources Fund stock for Q1 2026, up 23% quarter-over-quarter.
- 22 funds opened new Adams Natural Resources Fund positions in Q1 2026 and 5 closed out, a net change of +17 holders.
- The largest Adams Natural Resources Fund buyer in Q1 2026 was Morgan Stanley, an estimated $7.48M added.
- The largest Adams Natural Resources Fund seller in Q1 2026 was Saba Capital Management, an estimated $11M sold.
Based on aggregated 13F filings for Q1 2026.