Filed: 10/22/2025ACC: 0001104659-25-101565
📋 What this filing means
ADAMS NATURAL RESOURCES FUND, INC. filed this quarterly 13F‑HR report disclosing 55 equity positions with a total reported market value of $659.14M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
55
Positions
$659.14M
Total AUM (reported)
7.87M
Total Shares
Allocation by class
COM$659.14M100.0%
Portfolio Concentration
Top 3$287.31M43.6%
4–10$148.70M22.6%
11–25$148.95M22.6%
Rest$74.19M11.3%
Top 3 weight
43.6%
Top 10 weight
66.1%
Voting Authority Distribution
Total shares with voting rights: 7.87M
Sole
Full voting authority
7.87M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole55
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings55
Rows:
Exxon Mobil Corporation
SOLEShares1.30M
TypeSH
Market value$146.74M
22.26%
Sole
1.30M
Shared
0.00
None
0.00
Chevron Corporation
SOLEShares632.72K
TypeSH
Market value$98.26M
14.91%
Sole
632.72K
Shared
0.00
None
0.00
ConocoPhillips
SOLEShares447.30K
TypeSH
Market value$42.31M
6.42%
Sole
447.30K
Shared
0.00
None
0.00
Linde plc
SOLEShares61.50K
TypeSH
Market value$29.21M
4.43%
Sole
61.50K
Shared
0.00
None
0.00
Williams Companies, Inc.
SOLEShares350.05K
TypeSH
Market value$22.18M
3.36%
Sole
350.05K
Shared
0.00
None
0.00
Phillips 66
SOLEShares159.47K
TypeSH
Market value$21.69M
3.29%
Sole
159.47K
Shared
0.00
None
0.00
Marathon Petroleum Corporation
SOLEShares112.51K
TypeSH
Market value$21.69M
3.29%
Sole
112.51K
Shared
0.00
None
0.00
Kinder Morgan, Inc.
SOLEShares696.69K
TypeSH
Market value$19.72M
2.99%
Sole
696.69K
Shared
0.00
None
0.00
Baker Hughes Company
SOLEShares376.90K
TypeSH
Market value$18.36M
2.79%
Sole
376.90K
Shared
0.00
None
0.00
EOG Resources, Inc.
SOLEShares141.37K
TypeSH
Market value$15.85M
2.40%
Sole
141.37K
Shared
0.00
None
0.00
Valero Energy Corporation
SOLEShares88.90K
TypeSH
Market value$15.14M
2.30%
Sole
88.90K
Shared
0.00
None
0.00
ONEOK, Inc.
SOLEShares168.50K
TypeSH
Market value$12.30M
1.87%
Sole
168.50K
Shared
0.00
None
0.00
Schlumberger N.V.
SOLEShares355.23K
TypeSH
Market value$12.21M
1.85%
Sole
355.23K
Shared
0.00
None
0.00
Ecolab Inc.
SOLEShares44.40K
TypeSH
Market value$12.16M
1.84%
Sole
44.40K
Shared
0.00
None
0.00
EQT Corporation
SOLEShares220.50K
TypeSH
Market value$12.00M
1.82%
Sole
220.50K
Shared
0.00
None
0.00
Occidental Petroleum Corporation
SOLEShares250.45K
TypeSH
Market value$11.83M
1.80%
Sole
250.45K
Shared
0.00
None
0.00
Newmont Corporation
SOLEShares125.30K
TypeSH
Market value$10.56M
1.60%
Sole
125.30K
Shared
0.00
None
0.00
Devon Energy Corporation
SOLEShares299.40K
TypeSH
Market value$10.50M
1.59%
Sole
299.40K
Shared
0.00
None
0.00
Sherwin-Williams Company
SOLEShares25.20K
TypeSH
Market value$8.73M
1.32%
Sole
25.20K
Shared
0.00
None
0.00
Freeport-McMoRan, Inc.
SOLEShares222.20K
TypeSH
Market value$8.71M
1.32%
Sole
222.20K
Shared
0.00
None
0.00
Vulcan Materials Company
SOLEShares26.60K
TypeSH
Market value$8.18M
1.24%
Sole
26.60K
Shared
0.00
None
0.00
Nucor Corporation
SOLEShares54K
TypeSH
Market value$7.31M
1.11%
Sole
54K
Shared
0.00
None
0.00
Targa Resources Corp.
SOLEShares41.60K
TypeSH
Market value$6.97M
1.06%
Sole
41.60K
Shared
0.00
None
0.00
Corteva Inc.
SOLEShares91.94K
TypeSH
Market value$6.22M
0.94%
Sole
91.94K
Shared
0.00
None
0.00
DuPont de Nemours, Inc.
SOLEShares78.63K
TypeSH
Market value$6.12M
0.93%
Sole
78.63K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
Exxon Mobil CorporationSOLE | COM | 1.30M | SH | $146.74M 22.26% | 1.30M | 0.00 | 0.00 |
Chevron CorporationSOLE | COM | 632.72K | SH | $98.26M 14.91% | 632.72K | 0.00 | 0.00 |
ConocoPhillipsSOLE | COM | 447.30K | SH | $42.31M 6.42% | 447.30K | 0.00 | 0.00 |
Linde plcSOLE | COM | 61.50K | SH | $29.21M 4.43% | 61.50K | 0.00 | 0.00 |
Williams Companies, Inc.SOLE | COM | 350.05K | SH | $22.18M 3.36% | 350.05K | 0.00 | 0.00 |
Phillips 66SOLE | COM | 159.47K | SH | $21.69M 3.29% | 159.47K | 0.00 | 0.00 |
Marathon Petroleum CorporationSOLE | COM | 112.51K | SH | $21.69M 3.29% | 112.51K | 0.00 | 0.00 |
Kinder Morgan, Inc.SOLE | COM | 696.69K | SH | $19.72M 2.99% | 696.69K | 0.00 | 0.00 |
Baker Hughes CompanySOLE | COM | 376.90K | SH | $18.36M 2.79% | 376.90K | 0.00 | 0.00 |
EOG Resources, Inc.SOLE | COM | 141.37K | SH | $15.85M 2.40% | 141.37K | 0.00 | 0.00 |
Valero Energy CorporationSOLE | COM | 88.90K | SH | $15.14M 2.30% | 88.90K | 0.00 | 0.00 |
ONEOK, Inc.SOLE | COM | 168.50K | SH | $12.30M 1.87% | 168.50K | 0.00 | 0.00 |
Schlumberger N.V.SOLE | COM | 355.23K | SH | $12.21M 1.85% | 355.23K | 0.00 | 0.00 |
Ecolab Inc.SOLE | COM | 44.40K | SH | $12.16M 1.84% | 44.40K | 0.00 | 0.00 |
EQT CorporationSOLE | COM | 220.50K | SH | $12.00M 1.82% | 220.50K | 0.00 | 0.00 |
Occidental Petroleum CorporationSOLE | COM | 250.45K | SH | $11.83M 1.80% | 250.45K | 0.00 | 0.00 |
Newmont CorporationSOLE | COM | 125.30K | SH | $10.56M 1.60% | 125.30K | 0.00 | 0.00 |
Devon Energy CorporationSOLE | COM | 299.40K | SH | $10.50M 1.59% | 299.40K | 0.00 | 0.00 |
Sherwin-Williams CompanySOLE | COM | 25.20K | SH | $8.73M 1.32% | 25.20K | 0.00 | 0.00 |
Freeport-McMoRan, Inc.SOLE | COM | 222.20K | SH | $8.71M 1.32% | 222.20K | 0.00 | 0.00 |
Vulcan Materials CompanySOLE | COM | 26.60K | SH | $8.18M 1.24% | 26.60K | 0.00 | 0.00 |
Nucor CorporationSOLE | COM | 54K | SH | $7.31M 1.11% | 54K | 0.00 | 0.00 |
Targa Resources Corp.SOLE | COM | 41.60K | SH | $6.97M 1.06% | 41.60K | 0.00 | 0.00 |
Corteva Inc.SOLE | COM | 91.94K | SH | $6.22M 0.94% | 91.94K | 0.00 | 0.00 |
DuPont de Nemours, Inc.SOLE | COM | 78.63K | SH | $6.12M 0.93% | 78.63K | 0.00 | 0.00 |
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