Latest ADAMS NATURAL RESOURCES FUND, INC. Stock Portfolio

$857Million | No. of Holdings #50

ADAMS NATURAL RESOURCES FUND, INC. Performance

2026 Q3+12.94%

YTD+38.29%

2025+6.34%

About ADAMS NATURAL RESOURCES FUND, INC. and 13F Hedge Fund Stock Holdings

On 2026-10-21, the fund reported it's updated stock portfolio. In the 13F Holdings report, ADAMS NATURAL RESOURCES FUND, INC. reported an equity portfolio of $857.4 Millions as of 30 Sep, 2026. <br><br> The top stock holdings of ADAMS NATURAL RESOURCES FUND, INC. are , CVX, COP. The fund has invested 25.3% of it's portfolio in EXXON MOBIL CORPORATION and 14.2% of portfolio in CHEVRON CORPORATION. <br><br> The fund managers got completely rid off ONEOK, INC. (OKE), DUPONT DE NEMOURS, INC. (DD) and CAMECO CORPORATION (CCJ) stocks. They significantly reduced their stock positions in SHERWIN-WILLIAMS COMPANY (SHW), ECOLAB INC. (ECL) and VALERO ENERGY CORPORATION (VLO). ADAMS NATURAL RESOURCES FUND, INC. opened new stock positions in ONEOK, INC. and CHENIERE ENERGY, INC. (LNG). The fund showed a lot of confidence in some stocks as they added substantially to BALL CORPORATION (BALL), AIR PRODUCTS AND CHEMICALS, INC. (APD) and VULCAN MATERIALS COMPANY (VMC).

ADAMS NATURAL RESOURCES FUND, INC. Equity Portfolio Value

Last Reported on: 21 Oct, 2026

$857Million

as of Oct 21, 2026

ADAMS NATURAL RESOURCES FUND, INC. Annual Return Estimates Vs S&P 500

Our best estimate is that ADAMS NATURAL RESOURCES FUND, INC. made a return of 12.94% in the last quarter. In trailing 12 months, it's portfolio return was 37.93%.

Performance
S&P 500

New Buys

Ticker	$ Bought
oneok, inc.	11,980,400
cheniere energy, inc.	4,196,870

New stocks bought by ADAMS NATURAL RESOURCES FUND, INC.

Additions

Ticker	% Inc.
ball corporation	361
air products and chemicals, inc.	128
vulcan materials company	23.47
international flavors & fragrances inc.	9.17
chevron corporation	1.3

Additions to existing portfolio by ADAMS NATURAL RESOURCES FUND, INC.

Reductions

Ticker	% Reduced
sherwin-williams company	-42.43
ecolab inc.	-30.25
valero energy corporation	-8.00
marathon petroleum corporation	-5.51
phillips 66	-4.67
targa resources corp.	-0.98
diamondback energy, inc.	-0.95
linde plc	-0.93

ADAMS NATURAL RESOURCES FUND, INC. reduced stake in above stock

Sold off

Ticker	$ Sold
oneok, inc.	-12,215,100
dupont de nemours, inc.	-4,291,920
cameco corporation	-1,833,480

ADAMS NATURAL RESOURCES FUND, INC. got rid off the above stocks

Sector Distribution

ADAMS NATURAL RESOURCES FUND, INC. has about 56.6% of it's holdings in Energy sector.

Energy
Others
Basic Materials
Consumer Cyclical

Sector	%
Energy	56.6
Others	28
Basic Materials	14.3
Consumer Cyclical	1.1

Market Cap. Distribution

ADAMS NATURAL RESOURCES FUND, INC. has about 71% of it's portfolio invested in the large-cap and mega-cap stocks.

LARGE-CAP
UNALLOCATED
MEGA-CAP

Category	%
LARGE-CAP	53.8
UNALLOCATED	28
MEGA-CAP	17.2

Stocks belong to which Index?

About 70.2% of the stocks held by ADAMS NATURAL RESOURCES FUND, INC. either belong to S&P 500 or RUSSELL 2000 index.

S&P 500
Others

Index	%
S&P 500	70.2
Others	29.7

Top 5 Winners (%)		%
MPC	marathon petroleum corporation	53.2 %
PSX	phillips 66	49.8 %
VLO	valero energy corporation	46.9 %
APA	apa corporation	27.5 %
NEM	newmont corporation	23.4 %

Top 5 Winners ($)		$
	exxon mobil corporation	34.9 M
CVX	chevron corporation	22.7 M
VLO	valero energy corporation	13.9 M
PSX	phillips 66	11.9 M
MPC	marathon petroleum corporation	10.9 M

Top 5 Losers (%)		%
EOSE	eos energy enterprises, inc.	-47.9 %
TPL	texas pacific land corporation	-25.6 %
CRH	crh public limited company	-22.6 %
ALB	albemarle corporation	-21.7 %
MLM	martin marietta materials, inc.	-16.8 %

Top 5 Losers ($)		$
WMB	williams companies, inc.	-2.7 M
LIN	linde plc	-2.4 M
VMC	vulcan materials company	-1.6 M
TPL	texas pacific land corporation	-1.5 M
CRH	crh public limited company	-1.4 M

ADAMS NATURAL RESOURCES FUND, INC. Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of ADAMS NATURAL RESOURCES FUND, INC.

ADAMS NATURAL RESOURCES FUND, INC. has 50 stocks in it's portfolio. About 70.4% of the portfolio is in top 10 stocks. WMB proved to be the most loss making stock for the portfolio. was the most profitable stock for ADAMS NATURAL RESOURCES FUND, INC. last quarter.

$857.44MTotal Value

53.00Positions

21 Oct, 2026Last Reported

Current holdings of Current Stock Holdings of ADAMS NATURAL RESOURCES FUND, INC., last reported on 21 Oct, 2026. Select a row with a linked ticker to view its historical trend.
Holdingsorted ascending	% Portfolio	Shares Held	$ Value	% Change
ALB Albemarle Corporation Albemarle CorporationALB ADAMS NATURAL RESOURCES FUND, INC.'s holding in Albemarle Corporation over time	0.09%	7,200	$761.6K 0.09%	unchanged 0 percentunchanged

AMCR Amcor Plc Amcor PlcAMCR ADAMS NATURAL RESOURCES FUND, INC.'s holding in Amcor Plc over time	0.17%	34,880	$1.46M 0.17%	unchanged 0 percentunchanged

APA Apa Corporation Apa CorporationAPA ADAMS NATURAL RESOURCES FUND, INC.'s holding in Apa Corporation over time	0.27%	56,000	$2.33M 0.27%	unchanged 0 percentunchanged

APD Air Products And Chemicals, Inc. Air Products And Chemicals, Inc.APD ADAMS NATURAL RESOURCES FUND, INC.'s holding in Air Products And Chemicals, Inc. over time	1.34%	41,400	$11.52M 1.34%	increased 128.73 percentadded

AVY Avery Dennison Corporation Avery Dennison CorporationAVY ADAMS NATURAL RESOURCES FUND, INC.'s holding in Avery Dennison Corporation over time	0.11%	5,400	$921.6K 0.11%	unchanged 0 percentunchanged

BALL Ball Corporation Ball CorporationBALL ADAMS NATURAL RESOURCES FUND, INC.'s holding in Ball Corporation over time	0.49%	75,300	$4.22M 0.49%	increased 361.96 percentadded

BKR Baker Hughes Company Baker Hughes CompanyBKR ADAMS NATURAL RESOURCES FUND, INC.'s holding in Baker Hughes Company over time	1.42%	221,800	$12.18M 1.42%	decreased 0.89 percentreduced

CCJ Cameco Corporation Cameco Corporation CCJ ADAMS NATURAL RESOURCES FUND, INC.'s holding in Cameco Corporation over time	0%	0.00	$0.00 0%	decreased 100 percentsold off

CF Cf Industries Holdings, Inc. Cf Industries Holdings, Inc.CF ADAMS NATURAL RESOURCES FUND, INC.'s holding in Cf Industries Holdings, Inc. over time	0.57%	42,669	$4.92M 0.57%	unchanged 0 percentunchanged

CHK Expand Energy Corporation Expand Energy CorporationCHK ADAMS NATURAL RESOURCES FUND, INC.'s holding in Expand Energy Corporation over time	0.87%	88,500	$7.44M 0.87%	unchanged 0 percentunchanged

CHRD Chord Energy Corporation Chord Energy CorporationCHRD ADAMS NATURAL RESOURCES FUND, INC.'s holding in Chord Energy Corporation over time	0%	225	$30.2K 0%	unchanged 0 percentunchanged

COP Conocophillips ConocophillipsCOP ADAMS NATURAL RESOURCES FUND, INC.'s holding in Conocophillips over time	6.43%	440,303	$55.10M 6.43%	decreased 0.9 percentreduced

CRH Crh Public Limited Company Crh Public Limited Company CRH ADAMS NATURAL RESOURCES FUND, INC.'s holding in Crh Public Limited Company over time	0.55%	57,400	$4.75M 0.55%	unchanged 0 percentunchanged

CTVA Corteva Inc. Corteva Inc.CTVA ADAMS NATURAL RESOURCES FUND, INC.'s holding in Corteva Inc. over time	0.52%	57,945	$4.50M 0.52%	unchanged 0 percentunchanged

CVX Chevron Corporation Chevron CorporationCVX ADAMS NATURAL RESOURCES FUND, INC.'s holding in Chevron Corporation over time	14.15%	594,224	$121.35M 14.15%	increased 1.3 percentadded

DD Dupont De Nemours, Inc. Dupont De Nemours, Inc.DD ADAMS NATURAL RESOURCES FUND, INC.'s holding in Dupont De Nemours, Inc. over time	0%	0.00	$0.00 0%	decreased 100 percentsold off

DOW Dow, Inc. Dow, Inc.DOW ADAMS NATURAL RESOURCES FUND, INC.'s holding in Dow, Inc. over time	0.17%	52,945	$1.46M 0.17%	unchanged 0 percentunchanged

DVN Devon Energy Corporation Devon Energy CorporationDVN ADAMS NATURAL RESOURCES FUND, INC.'s holding in Devon Energy Corporation over time	1.39%	259,360	$11.94M 1.39%	decreased 0.92 percentreduced

ECL Ecolab Inc. Ecolab Inc.ECL ADAMS NATURAL RESOURCES FUND, INC.'s holding in Ecolab Inc. over time	0.7%	21,900	$6.01M 0.7%	decreased 30.25 percentreduced

EOG Eog Resources, Inc. Eog Resources, Inc.EOG ADAMS NATURAL RESOURCES FUND, INC.'s holding in Eog Resources, Inc. over time	2.25%	140,067	$19.30M 2.25%	unchanged 0 percentunchanged