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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
$32.2M
UBS Group
2
UBS Group
Switzerland
$9.77M +$668K +51,147 +8%
CL
3
CSS LLC
Illinois
$8.56M +$20.2K +1,547 +0.3%
Lazard Asset Management
4
Lazard Asset Management
New York
$8.27M -$204K -15,619 -3%
CA
5
Cornerstone Advisors
North Carolina
$5.45M +$5.03M +384,964 New
Bank of America
6
Bank of America
North Carolina
$5.14M +$30.8K +2,360 +0.7%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$4.48M +$272K +20,825 +7%
Morgan Stanley
8
Morgan Stanley
New York
$4.1M +$13.8K +1,057 +0.4%
WAM
9
Wolverine Asset Management
Illinois
$2.93M -$765K -58,574 -22%
ICM
10
Ionic Capital Management
New York
$2.74M +$272K +20,790 +12%
NSAM
11
North Star Asset Management
Wisconsin
$2.46M -$30.3K -2,318 -1%
Wells Fargo
12
Wells Fargo
California
$1.88M +$261K +20,013 +18%
QC
13
Quantedge Capital
Singapore
$1.74M -$320K -24,531 -17%
Baird Financial Group
14
Baird Financial Group
Wisconsin
$1.69M -$138K -10,575 -8%
6M
15
6 Meridian
Kansas
$1.32M -$307K -23,516 -20%
FC
16
FCA Corp
Texas
$1.08M +$501K +38,392 +101%
LCM
17
Landscape Capital Management
New Jersey
$886K -$131K -10,055 -14%
WCM
18
Whitener Capital Management
North Carolina
$847K +$42.3K +3,237 +6%
Bank of Montreal
19
Bank of Montreal
Ontario, Canada
$805K +$748K +57,304 New
UCI
20
Uncommon Cents Investing
Wisconsin
$801K +$39K +2,988 +6%
Walleye Capital
21
Walleye Capital
New York
$701K -$73K -5,590 -10%
Osaic Holdings
22
Osaic Holdings
Arizona
$648K +$27.8K +2,131 +5%
Stifel Financial
23
Stifel Financial
Missouri
$555K +$82.6K +6,325 +19%
DADC
24
D.A. Davidson & Co
Montana
$544K +$144K +11,044 +40%
Commonwealth Equity Services
25
Commonwealth Equity Services
Massachusetts
$514K +$219K +16,773 +86%