ADAMS NATURAL RESOURCES FUND, INC. - Common Shares, $0.001 par value (PEO)

Q: What does CUSIP 00548F105 represent in this 13F holders report?

CUSIP 00548F105 is the security identifier for PEO - ADAMS NATURAL RESOURCES FUND, INC. - Common Shares, $0.001 par value used to aggregate holder disclosures.

Q: How many institutions held PEO - ADAMS NATURAL RESOURCES FUND, INC. - Common Shares, $0.001 par value in Q4 2025?

86 institutional investors reported PEO - ADAMS NATURAL RESOURCES FUND, INC. - Common Shares, $0.001 par value for Q4 2025. Use the holders table for investor-level position and value details.

CUSIP: 00548F105

Q4 2025 13F Holders as of 31 Dec 2025

Security type / class: Equity / Common Shares, $0.001 par value
Total 13F shares: 10,908,449
Total 13F value: $237,187,198
Share change: +25,029
SEC-reported price per share: $21.74
Number of holders: 86
Value change: +$554,075
Number of buys: 45
Number of sells: 29
Shares outstanding: 28,296,846

Security key

00548F105

Report period

Q4 2025

Institutions

Top holders

PEO full security history Ownership snapshot Full 13F holder table Newer quarter: Q1 2026 Previous quarter: Q3 2025 ADAMS NATURAL RESOURCES FUND, INC. SEC filings

Broader feeds

Latest 13F filings Latest 13D/G filings Investors directory

Reporting periods

Holder history for CUSIP 00548F105

Newer quarter: Q1 2026 Previous quarter: Q3 2025

Recent filing periods:

Q3 2026 Q1 2026 Q4 2025 Q3 2025

Ownership snapshot

Top reported holders of PEO - ADAMS NATURAL RESOURCES FUND, INC. - Common Shares, $0.001 par value (13F + 13D/G + 3/4/5)

Grouped by holder across the latest SEC ownership disclosures. Start with comparable ownership when available, then verify the linked 13F, 13D/G, or 3/4/5 evidence.

Comparable stake leader

Saba Capital Management, ...

Disclosed value leader

Saba Capital Management, ...

Comparable rows

0/15

Latest evidence

30 Sep 2025

13F 3/4/5 Highest disclosed value: $57,831,212 15 rows are not safely comparable across share classes. Showing 1-6 of 15 holder rows.

Quick read

Saba Capital Management, L.P. has the largest disclosed position value at $57.83M.

0 of 15 rows have a safely comparable ownership percentage. Use this as a filing-backed starting point, then open the detailed table for source links, reporting role, position value, share count, and filing date.

Open SEC evidence Opens Saba Capital Management, L.P.'s linked filing trail.

Disclosed position value Top 5

Saba Capital Management, L.P. $57.83M

ADAMS DIVERSIFIED EQUITY FUND, INC. $54.14M

MORGAN STANLEY $19.69M

ROYAL BANK OF CANADA $11.22M

LAZARD ASSET MANAGEMENT LLC $10.98M

Value bars compare disclosed positions; verify each figure against the linked filing evidence.

Detailed SEC evidence table Showing 1-6 of 15 holder rows

Holder	Evidence	Ownership %	Position	12M Net Δ	As of
Saba Capital Management, L.P.	13F 3/4/5 Company · 10%+ Owner 13F 3/4/5	— denominator unverified	$57,831,212 2,687,324 shares	—	30 Sep 2025
ADAMS DIVERSIFIED EQUITY FUND, INC.	13F Company 13F	— denominator unverified	$54,144,363 2,516,002 shares	—	30 Sep 2025
MORGAN STANLEY	13F Company 13F	— denominator unverified	$19,694,345 915,163 shares	—	30 Sep 2025
ROYAL BANK OF CANADA	13F Company 13F	— denominator unverified	$11,221,000 521,442 shares	—	30 Sep 2025
LAZARD ASSET MANAGEMENT LLC	13F Company 13F	— denominator unverified	$10,976,814 510,075 shares	—	30 Sep 2025
Penserra Capital Management LLC	13F Company 13F	— denominator unverified	$5,861,000 272,359 shares	—	30 Sep 2025

How to read this table

Rows are grouped by holder and ranked first by SEC-reported ownership % when it is safely comparable, then by disclosed holdings value. — indicates unavailable or non-comparable values; "mixed-class rows" means the latest filing spans non-comparable classes.

13F holder rows

Institutional holders as of Q4 2025

Investor-level positions for this CUSIP, loaded as an interactive table.

Institutions

10,908,449

Rows available

Investor	Option	Weight %	Change %	SEC-reported value	* Price	Shares	Share Change	Activity	Report Period

^* SEC-reported price is the security price as of the portfolio date and can indicate the last known price at which the security was still held. The marker flags a reported price that did not pass the local price check.

Compare Q4 2025 vs Q3 2025 Across Filers

Q3 2025 holders

Q4 2025 holders

Holder diff

-1

Investor	Q3 2025 Shares	Q4 2025 Shares	Share Diff	Share Chg %	Q3 2025 value	Q4 2025 value	Value change	Value Chg %

Trend: ostatnie 8 kwartałów (+ wybrane okresy porównania).

Quarterly Holders Trend

Quarterly Value Trend

Quarterly Shares Trend