ADAMS NATURAL RESOURCES FUND, INC.

Q3 2025 13F-HR Holdings

Location
Baltimore, MD
Holdings as of
9/30/2025
Date filed
10/22/2025
Form type
13F-HR
Num holdings
55
Total value ($000)
$659,144
Net value change ($000)
+27,973 (4.4%)
New positions
2
Sold out positions
1
Turnover %
3.9%
Sector allocation + QoQ delta (equities-only)
Prev filing: 7/30/2025 Next filing: 2/13/2026 SEC filing

Snapshot: Change Analysis

Compared to Q2 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
CVX 25,119 34.3%
COP 8,666 25.8%
OXY 6,417 118.5%
EQT 5,476 83.9%
VLO 4,611 43.8%
NUE 4,385 149.8%
MPC 4,359 25.2%
PSX 4,015 22.7%
BKR 3,913 27.1%
CVE 3,875 NEW
Top Reduces (Value $000, Stocks/ETFs)
AHC -18,646 -100.0%
EOG -7,960 -33.4%
EXE -7,781 -61.2%
TRGP -7,531 -51.9%
SHW -4,425 -33.6%
CTRA -3,079 -51.9%
FCX -2,053 -19.1%
EMN -1,941 -78.6%
OKE -1,909 -13.4%
TPL -949 -16.5%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
Filter:
Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type