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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
$47.7M
Adage Capital Partners
2
Adage Capital Partners
Massachusetts
$28.5M +$1.69M +78,763 +6%
Lazard Asset Management
3
Lazard Asset Management
New York
$12M
CL
4
CSS LLC
Illinois
$11.9M +$1.06M +49,385 +10%
Morgan Stanley
5
Morgan Stanley
New York
$10.7M +$6.03M +281,071 +123%
BW
6
Basepoint Wealth
Iowa
$9.67M +$113K +5,270 +1%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$6.35M +$109K +5,065 +2%
Bank of America
8
Bank of America
North Carolina
$6.24M -$2.63M -122,683 -29%
CA
9
Cornerstone Advisors
North Carolina
$5.37M -$223K -10,395 -4%
RJA
10
Raymond James & Associates
Florida
$5.01M +$1.24M +57,583 +32%
TJHA
11
Thomas J. Herzfeld Advisors
Florida
$4.14M +$179K +8,324 +4%
IFO
12
Intrepid Family Office
Florida
$3.49M -$1.16M -54,052 -25%
WAM
13
Wolverine Asset Management
Illinois
$3.32M +$1.95M +90,946 +135%
NSAM
14
North Star Asset Management
Wisconsin
$3.28M -$11.3K -528 -0.3%
Cohen & Steers
15
Cohen & Steers
New York
$2.62M +$960K +44,716 +56%
HighTower Advisors
16
HighTower Advisors
Illinois
$2.24M +$460K +21,443 +25%
Baird Financial Group
17
Baird Financial Group
Wisconsin
$2.2M +$158K +7,351 +8%
FC
18
FCA Corp
Texas
$2.08M +$130K +6,054 +6%
UCI
19
Uncommon Cents Investing
Wisconsin
$1.44M +$82.8K +3,856 +6%
First Trust Advisors
20
First Trust Advisors
Illinois
$1.44M -$23.6K -1,099 -2%
UBS Group
21
UBS Group
Switzerland
$1.44M +$675K +31,445 +85%
Stifel Financial
22
Stifel Financial
Missouri
$1.43M +$249K +11,621 +21%
QC
23
Quantedge Capital
Singapore
$1.42M +$301K +14,033 +26%
WCM
24
Whitener Capital Management
North Carolina
$1.38M -$24.9K -1,161 -2%
NFG
25
Nations Financial Group
Iowa
$1.27M