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PEO

Adams Natural Resources Fund

Name Holding Trade Value Shares
Change
Change in
Stake
FCH
26
Freestone Capital Holdings
Washington
$788K +$765K +48,855 New
6M
27
6 Meridian
Kansas
$778K +$153K +9,798 +26%
AA
28
AQR Arbitrage
Connecticut
$711K +$124K +7,893 +22%
DADC
29
D.A. Davidson & Co
Montana
$671K -$115K -7,340 -15%
GC
30
Guggenheim Capital
Illinois
$563K -$42.3K -2,701 -7%
RJA
31
Raymond James & Associates
Florida
$543K -$222K -14,191 -30%
SKK
32
Shepherd Kaplan Krochuk
Massachusetts
$531K -$20.7K -1,320 -4%
KIM
33
Karpus Investment Management
New York
$497K -$2.63K -168 -0.5%
RJFSA
34
Raymond James Financial Services Advisors
Florida
$405K +$26.9K +1,716 +7%
KA
35
Kovack Advisors
Florida
$403K +$203K +12,940 +108%
CCP
36
Cardan Capital Partners
Colorado
$386K +$41.2K +2,631 +12%
Vanguard Capital Wealth Advisors
37
Vanguard Capital Wealth Advisors
Colorado
$378K -$1.08M -69,073 -75%
MAFM
38
Mid Atlantic Financial Management
Pennsylvania
$374K +$50.4K +3,222 +16%
IFWM
39
Institute for Wealth Management
Colorado
$292K -$1.63K -104 -0.6%
LTFS
40
Ladenburg Thalmann Financial Services
Florida
$270K -$34.4K -2,194 -12%
Walleye Trading
41
Walleye Trading
New York
$269K -$19.5K -1,247 -7%
RCM
42
RB Capital Management
Nevada
$269K +$7.22K +461 +3%
WCM
43
Whitener Capital Management
North Carolina
$257K +$16.9K +1,081 +7%
RTS
44
Round Table Services
New Jersey
$243K +$236K +15,048 New
Creative Planning
45
Creative Planning
Kansas
$198K +$16.3K +1,040 +9%
9WM
46
9258 Wealth Management
Ohio
$191K -$16.1K -1,028 -8%
PNC Financial Services Group
47
PNC Financial Services Group
Pennsylvania
$191K
GWM
48
Geneos Wealth Management
Colorado
$172K
Commonwealth Equity Services
49
Commonwealth Equity Services
Massachusetts
$170K -$7.31K -467 -4%
AG
50
Advisor Group
Arizona
$162K +$16.3K +1,043 +12%