ADAMS NATURAL RESOURCES FUND, INC.

PublicCIK: 216851
PEONYSE
Location

BALTIMORE, MD

54
Positions
$862.62M
Total AUM (reported)
7.61M
Total Shares

Allocation by class

TOTAL AUM$862.62M54 positions
COM$862.62M100.0%

Portfolio Concentration

Top 346.8%4–1021.3%11–2522.4%Rest9.5%TOP 1068.1%0%100%
Top 3$403.40M46.8%
4–10$184.06M21.3%
11–25$193.49M22.4%
Rest$81.67M9.5%

Top 3 weight

46.8%

Top 10 weight

68.1%

Voting Authority Distribution

Total shares with voting rights: 7.61M

Sole

Full voting authority

7.61M

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)

Sole54
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings54
Rows:

Exxon Mobil Corporation

SOLE
COM
Shares1.33M
TypeSH
Market value$226.42M
26.25%
Sole
1.33M
Shared
0.00
None
0.00

Chevron Corporation

SOLE
COM
Shares614.72K
TypeSH
Market value$127.19M
14.74%
Sole
614.72K
Shared
0.00
None
0.00

ConocoPhillips

SOLE
COM
Shares377.20K
TypeSH
Market value$49.79M
5.77%
Sole
377.20K
Shared
0.00
None
0.00

Williams Companies, Inc.

SOLE
COM
Shares457.45K
TypeSH
Market value$33.29M
3.86%
Sole
457.45K
Shared
0.00
None
0.00

SLB Ltd.

SOLE
COM
Shares552.63K
TypeSH
Market value$28.40M
3.29%
Sole
552.63K
Shared
0.00
None
0.00

Phillips 66

SOLE
COM
Shares155.47K
TypeSH
Market value$28.32M
3.28%
Sole
155.47K
Shared
0.00
None
0.00

Linde plc

SOLE
COM
Shares53.70K
TypeSH
Market value$26.62M
3.09%
Sole
53.70K
Shared
0.00
None
0.00

Valero Energy Corporation

SOLE
COM
Shares95K
TypeSH
Market value$23.47M
2.72%
Sole
95K
Shared
0.00
None
0.00

Targa Resources Corp.

SOLE
COM
Shares92.50K
TypeSH
Market value$23.19M
2.69%
Sole
92.50K
Shared
0.00
None
0.00

Marathon Petroleum Corporation

SOLE
COM
Shares85.01K
TypeSH
Market value$20.76M
2.41%
Sole
85.01K
Shared
0.00
None
0.00

EOG Resources, Inc.

SOLE
COM
Shares141.37K
TypeSH
Market value$20.44M
2.37%
Sole
141.37K
Shared
0.00
None
0.00

Devon Energy Corporation

SOLE
COM
Shares372.40K
TypeSH
Market value$18.74M
2.17%
Sole
372.40K
Shared
0.00
None
0.00

Diamondback Energy, Inc.

SOLE
COM
Shares74.20K
TypeSH
Market value$14.68M
1.70%
Sole
74.20K
Shared
0.00
None
0.00

Kinder Morgan, Inc.

SOLE
COM
Shares433.29K
TypeSH
Market value$14.53M
1.68%
Sole
433.29K
Shared
0.00
None
0.00

EQT Corporation

SOLE
COM
Shares223.90K
TypeSH
Market value$14.25M
1.65%
Sole
223.90K
Shared
0.00
None
0.00

Newmont Corporation

SOLE
COM
Shares128.40K
TypeSH
Market value$13.90M
1.61%
Sole
128.40K
Shared
0.00
None
0.00

Baker Hughes Company

SOLE
COM
Shares225.90K
TypeSH
Market value$13.79M
1.60%
Sole
225.90K
Shared
0.00
None
0.00

Freeport-McMoRan, Inc.

SOLE
COM
Shares233.20K
TypeSH
Market value$13.71M
1.59%
Sole
233.20K
Shared
0.00
None
0.00

Halliburton Company

SOLE
COM
Shares344.85K
TypeSH
Market value$13.45M
1.56%
Sole
344.85K
Shared
0.00
None
0.00

ONEOK, Inc.

SOLE
COM
Shares141.80K
TypeSH
Market value$12.82M
1.49%
Sole
141.80K
Shared
0.00
None
0.00

Occidental Petroleum Corporation

SOLE
COM
Shares165.95K
TypeSH
Market value$10.79M
1.25%
Sole
165.95K
Shared
0.00
None
0.00

Nucor Corporation

SOLE
COM
Shares52K
TypeSH
Market value$8.79M
1.02%
Sole
52K
Shared
0.00
None
0.00

Ecolab Inc.

SOLE
COM
Shares31.40K
TypeSH
Market value$8.35M
0.97%
Sole
31.40K
Shared
0.00
None
0.00

Sherwin-Williams Company

SOLE
COM
Shares24.10K
TypeSH
Market value$7.73M
0.90%
Sole
24.10K
Shared
0.00
None
0.00

Vulcan Materials Company

SOLE
COM
Shares27.70K
TypeSH
Market value$7.54M
0.87%
Sole
27.70K
Shared
0.00
None
0.00
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