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PEO

Adams Natural Resources Fund

Name Holding Trade Value Shares
Change
Change in
Stake
ADEF
1
Adams Diversified Equity Fund
Maryland
$24.9M
UBS Group
2
UBS Group
Switzerland
$6.99M +$270K +26,274 +4%
CL
3
CSS LLC
Illinois
$6.6M +$960K +93,520 +18%
Lazard Asset Management
4
Lazard Asset Management
New York
$6.57M
Bank of America
5
Bank of America
North Carolina
$3.95M +$1.06M +103,629 +40%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$3.24M +$950K +92,561 +46%
PCM
7
Penserra Capital Management
California
$3.18M +$209K +20,365 +8%
Morgan Stanley
8
Morgan Stanley
New York
$3.16M -$191K -18,625 -6%
WAM
9
Wolverine Asset Management
Illinois
$2.9M +$1.61M +156,812 +144%
NSAM
10
North Star Asset Management
Wisconsin
$1.92M +$289K +28,130 +19%
ICM
11
Ionic Capital Management
New York
$1.89M +$1.59M +155,185 +890%
QC
12
Quantedge Capital
Singapore
$1.61M +$1.51M +147,183 New
Baird Financial Group
13
Baird Financial Group
Wisconsin
$1.42M +$293K +28,546 +28%
6M
14
6 Meridian
Kansas
$1.27M +$1.2M +116,524 New
Wells Fargo
15
Wells Fargo
California
$1.23M -$118K -11,520 -9%
AA
16
Ancora Advisors
Ohio
$917K -$10M -976,905 -92%
LCM
17
Landscape Capital Management
New Jersey
$795K +$746K +72,650 New
WCM
18
Whitener Capital Management
North Carolina
$619K +$96.4K +9,395 +20%
Walleye Capital
19
Walleye Capital
New York
$603K +$221K +21,528 +64%
COLIM
20
City of London Investment Management
United Kingdom
$596K +$212K +20,682 +61%
UCI
21
Uncommon Cents Investing
Wisconsin
$587K +$61K +5,946 +12%
Osaic Holdings
22
Osaic Holdings
Arizona
$478K +$6.35K +619 +1%
FC
23
FCA Corp
Texas
$414K +$388K +37,838 New
Stifel Financial
24
Stifel Financial
Missouri
$360K +$172K +16,724 +103%
CRC
25
Curi RMB Capital
Illinois
$357K +$335K +32,608 New