13F holdings · Q3 2026

Adams Natural Resources Fund

Baltimore, MD · files as Adams Natural Resources Fund, Inc.

Holdings as of Sep 30, 2026Filed Oct 21, 2026Next filing due Feb 15, 2027CIK 216851

Adams Natural Resources Fund reported 50 stocks worth $857M in its 13F filing for Q3 2026, filed Oct 21, 2026. Its largest holdings are XOM (25.3%), CVX (14.2%) and COP (6.4%). Compared with Q2 2026, the fund opened new positions in OKE and LNG, added to CVX, APD and VMC, trimmed XOM, COP and VLO and sold out of OKE, DD and CCJ.

Reported value$857M+12.4% vs last quarter

Stocks held502 new · 3 sold out

Top 5 weight54.6%fairly concentrated

Turnover8%of the portfolio changed

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Holdings

#	Stock	Value	Weight	Shares	Change	Shares, 8 qtrs	Held
1	XOM Exxon Mobil Corp	$217M	25.3%	1.3M	−12K (−1%)		2 of 8
2	CVX Chevron Corp New	$121M	14.2%	594K	+7,600 (+1%)		8 of 8
3	COP Conocophillips	$55.1M	6.4%	440K	−4,000 (−1%)		8 of 8
4	VLO Valero Energy Corp	$40.5M	4.7%	105K	−9,100 (−8%)		7 of 8
5	PSX Phillips 66	$34.4M	4.0%	135K	−6,600 (−5%)		8 of 8
6	MPC Marathon Petroleum	$29.9M	3.5%	76K	−4,400 (−6%)		8 of 8
7	WMB Williams Cos Inc	$28.6M	3.3%	421K	−3,800 (−1%)		8 of 8
8	SLB Slb Limited	$26.4M	3.1%	543K	−4,900 (−1%)		8 of 8
9	LIN Linde PLC	$25.3M	2.9%	53K	−500 (−1%)		8 of 8
10	TRGP Targa Res Corp	$24.5M	2.9%	91K	−900 (−1%)		8 of 8
11	ABCD Example Holdings Inc	100	153	206	259	312	365
12	WXYZ Example Holdings Inc	137	190	243	296	349	402
13	QRST Example Holdings Inc	174	227	280	333	386	439
14	LMNO Example Holdings Inc	211	264	317	370	423	476

🔒 40 more holdings in this filing. Create a free account or sign in to see them all.

Positions at Sep 30, 2026, as reported. Change is against the fund's Q2 2026 filing; weight is the share of the fund's reported stocks.

Sold out

held in Q2 2026, gone in Q3 2026

Stock	Value last quarter	Shares sold
OKE Oneok Inc New	$12.2M	141K
DD Dupont DE Nemours Inc Common Stock	$4.3M	32K
CCJ Cameco Corp F	$1.8M	18K

Reported value

last 8 quarters

$633MQ4 '24

$680MQ1 '25

$631MQ2 '25

$659MQ3 '25

$659MQ4 '25

$863MQ1 '26

$763MQ2 '26

$857MQ3 '26

The value of the US stocks the fund reported, at quarter end prices. It moves with the market as well as with buying and selling.

Filings for Q3 2026

straight from the SEC

Filed	Form	Quarter
Oct 21, 2026	13F-HR	Q3 2026	SEC filing ↗

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Adams Natural Resources Fund 13F FAQ

What does Adams Natural Resources Fund own?

Adams Natural Resources Fund reported 50 stocks worth $857M in its 13F filing for Q3 2026, filed Oct 21, 2026. Its largest holdings are XOM (25.3%), CVX (14.2%) and COP (6.4%). The table above lists every position in the filing (the top 10 without an account).

What did Adams Natural Resources Fund buy and sell in Q3 2026?

Compared with Q2 2026: 2 new positions, 5 added to, 19 trimmed and 3 sold out. New positions include OKE and LNG. It sold all of OKE, DD and CCJ.

When will Adams Natural Resources Fund file its next 13F?

Holdings as of Dec 31, 2026 are due by Feb 15, 2027. The filing appears on this page within minutes of reaching the SEC.

How much is Adams Natural Resources Fund's portfolio worth?

The Q3 2026 filing reports $857M in US stocks. That leaves out cash, bonds, short positions and most foreign holdings, so the fund's total assets are usually larger.

For informational and educational purposes only. Not investment advice, and not a recommendation to buy or sell any security. Holdings come from the fund's SEC Form 13F filings as reported and show positions at the end of the quarter, up to 45 days before the filing. The fund may have changed its positions since. A 13F leaves out short positions, cash, bonds and most foreign holdings. See all hedge fund holdings.