ADAMS NATURAL RESOURCES FUND, INC. Diversified Active

Location: Baltimore, MD

CIK: 0000216851 · Show all filings

Period: Q3 2026 (← Previous)

Filing Date: Oct 21, 2026

Total Value: $857M (100.0% shares, 0.0% debt)

Holdings (50)

New Positions (2)

OKE ONEOK, Inc. 1.4%
Value $11.98M Shares 140,500 Share Price $85.27 Est. Cost/Share $85.27 Unrealized @ Report Date —
LNG Cheniere Energy, Inc. 0.5%
Value $4.197M Shares 15,600 Share Price $269.03 Est. Cost/Share $268.85 Unrealized @ Report Date +0.1%

Increased Positions (5)

CVX Chevron Corporation 14.2%
Value $121M (+24.8%) Shares 594,224 (+1.3%) Share Price $204.21 Est. Cost/Share $140.65 Unrealized @ Report Date +45.2%
APD Air Products and Chemicals, Inc. 1.3%
Value $11.52M (+117.1%) Shares 41,400 (+128.7%) Share Price $278.23 Est. Cost/Share $259.99 Unrealized @ Report Date +7.0%
BALL Ball Corporation 0.5%
Value $4.219M (+314.8%) Shares 75,300 (+362.0%) Share Price $56.03 Est. Cost/Share $59.14 Unrealized @ Report Date -5.3%
IFF International Flavors & Fragrances Inc. 0.7%
Value $6.061M (+15.0%) Shares 72,606 (+9.2%) Share Price $83.48 Est. Cost/Share $82.55 Unrealized @ Report Date +1.1%
VMC Vulcan Materials Company 1.0%
Value $8.366M (+2.4%) Shares 34,200 (+23.5%) Share Price $244.63 Est. Cost/Share $260.26 Unrealized @ Report Date -6.0%

Exited Positions (3)

OKE ONEOK, Inc. 1.4%
Value $12.22M Shares 140,500 Share Price $86.94 Est. Cost/Share $61.20 Unrealized @ Report Date +39.3%
DD DuPont de Nemours, Inc. 0.5%
Value $4.292M Shares 31,642 Share Price $135.64 Est. Cost/Share $135.64 Unrealized @ Report Date —
CCJ Cameco Corporation 0.2%
Value $1.833M Shares 18,000 Share Price $101.86 * Est. Cost/Share $89.94 Unrealized @ Report Date -3.6%

Decreased Positions (5)

VLO Valero Energy Corporation 4.7%
Value $40.54M (+36.9%) Shares 104,600 (-8.0%) Share Price $387.61 Est. Cost/Share $150.26 Unrealized @ Report Date +158.0%
PSX Phillips 66 4.0%
Value $34.43M (+44.0%) Shares 134,875 (-4.7%) Share Price $255.31 Est. Cost/Share $109.50 Unrealized @ Report Date +133.2%
MPC Marathon Petroleum Corporation 3.5%
Value $29.86M (+46.1%) Shares 75,512 (-5.5%) Share Price $395.42 Est. Cost/Share $131.11 Unrealized @ Report Date +201.6%
SHW Sherwin-Williams Company 0.7%
Value $6.271M (-46.0%) Shares 19,400 (-42.4%) Share Price $323.27 Est. Cost/Share $311.03 Unrealized @ Report Date +3.9%
ECL Ecolab Inc. 0.7%
Value $6.013M (-31.3%) Shares 21,900 (-30.3%) Share Price $274.58 Est. Cost/Share $168.47 Unrealized @ Report Date +63.0%

Unchanged Positions (38)

XOM Exxon Mobil Corporation 25.3%
Value $217M Shares 1,334,355 Share Price $162.75 Est. Cost/Share $136.72 Unrealized @ Report Date —
COP ConocoPhillips 6.4%
Value $55.1M Shares 440,303 Share Price $125.15 Est. Cost/Share $66.82 Unrealized @ Report Date +87.3%
WMB Williams Companies, Inc. 3.3%
Value $28.65M Shares 421,450 Share Price $67.97 Est. Cost/Share $56.83 Unrealized @ Report Date +19.6%
LIN Linde plc 2.9%
Value $25.25M Shares 53,200 Share Price $474.65 Est. Cost/Share $369.79 Unrealized @ Report Date +28.4%
NEM Newmont Corporation 1.6%
Value $13.73M Shares 119,000 Share Price $115.34 Est. Cost/Share $40.05 Unrealized @ Report Date +188.0%
OXY Occidental Petroleum Corporation 2.0%
Value $16.8M Shares 303,751 Share Price $55.32 Est. Cost/Share $49.34 Unrealized @ Report Date +12.1%
FCX Freeport-McMoRan, Inc. 1.9%
Value $16.18M Shares 231,100 Share Price $70.00 Est. Cost/Share $31.31 Unrealized @ Report Date +123.6%
TPL Texas Pacific Land Corporation 0.5%
Value $4.35M Shares 13,350 Share Price $325.83 Est. Cost/Share $357.33 Unrealized @ Report Date -8.8%
CRH CRH public limited company 0.6%
Value $4.753M Shares 57,400 Share Price $82.80 Est. Cost/Share $119.13 Unrealized @ Report Date -30.5%
DVN Devon Energy Corporation 1.4%
Value $11.94M Shares 259,360 Share Price $46.04 Est. Cost/Share $34.82 Unrealized @ Report Date +32.2%
EOG EOG Resources, Inc. 2.3%
Value $19.3M Shares 140,067 Share Price $137.76 Est. Cost/Share $81.14 Unrealized @ Report Date +69.8%
SLB SLB Ltd. 3.1%
Value $26.44M Shares 542,733 Share Price $48.72 Est. Cost/Share $40.33 Unrealized @ Report Date +20.8%
HAL Halliburton Company 1.3%
Value $11.13M Shares 349,853 Share Price $31.80 Est. Cost/Share $29.40 Unrealized @ Report Date +8.2%
KMI Kinder Morgan, Inc. 1.5%
Value $12.95M Shares 429,392 Share Price $30.15 Est. Cost/Share $26.44 Unrealized @ Report Date +14.0%
EQT EQT Corporation 0.9%
Value $7.43M Shares 153,000 Share Price $48.56 Est. Cost/Share $48.24 Unrealized @ Report Date +0.7%
EXE Expand Energy Corporation 0.9%
Value $7.442M Shares 88,500 Share Price $84.09 Est. Cost/Share $91.54 Unrealized @ Report Date -8.1%
FANG Diamondback Energy, Inc. 1.8%
Value $15.26M Shares 83,000 Share Price $183.81 Est. Cost/Share $125.11 Unrealized @ Report Date +46.9%
APA APA Corporation 0.3%
Value $2.326M Shares 56,000 Share Price $41.54 Est. Cost/Share $26.87 Unrealized @ Report Date +54.6%
MLM Martin Marietta Materials, Inc. 0.3%
Value $2.159M Shares 4,500 Share Price $479.81 Est. Cost/Share $497.22 Unrealized @ Report Date -3.5%
CTVA Corteva Inc. 0.5%
Value $4.499M Shares 57,945 Share Price $77.65 Est. Cost/Share $32.13 Unrealized @ Report Date +141.6%
NUE Nucor Corporation 1.2%
Value $9.981M Shares 42,700 Share Price $233.75 Est. Cost/Share $132.85 Unrealized @ Report Date +76.0%
PPG PPG Industries, Inc. 0.2%
Value $1.888M Shares 18,100 Share Price $104.33 Est. Cost/Share $113.93 Unrealized @ Report Date -8.4%
CF CF Industries Holdings, Inc. 0.6%
Value $4.915M Shares 42,669 Share Price $115.20 Est. Cost/Share $81.72 Unrealized @ Report Date +41.0%
BKR Baker Hughes Company 1.4%
Value $12.18M Shares 221,800 Share Price $54.90 Est. Cost/Share $30.25 Unrealized @ Report Date +81.5%
ALB Albemarle Corporation 0.1%
Value $762K Shares 7,200 Share Price $105.78 Est. Cost/Share $87.32 Unrealized @ Report Date +21.1%
IP International Paper Company 0.2%
Value $1.357M Shares 40,900 Share Price $33.17 Est. Cost/Share $52.10 Unrealized @ Report Date -36.3%
EOSE Eos Energy Enterprises, Inc. 0.0%
Value $192K Shares 62,600 Share Price $3.06 Est. Cost/Share $14.37 Unrealized @ Report Date -78.7%
SW Smurfit Westrock plc 0.2%
Value $1.821M Shares 41,300 Share Price $44.10 Est. Cost/Share $46.72 Unrealized @ Report Date -5.6%
STLD Steel Dynamics, Inc. 0.3%
Value $2.443M Shares 11,026 Share Price $221.61 Est. Cost/Share $108.10 Unrealized @ Report Date +105.0%
FTI TechnipFMC plc 0.4%
Value $3.301M Shares 48,600 Share Price $67.92 Est. Cost/Share $25.02 Unrealized @ Report Date +171.4%
LYB LyondellBasell Industries N.V. 0.1%
Value $897K Shares 15,600 Share Price $57.47 Est. Cost/Share $58.47 Unrealized @ Report Date -1.7%
AMCR Amcor plc 0.2%
Value $1.46M Shares 34,880 Share Price $41.86 Est. Cost/Share $44.27 Unrealized @ Report Date -5.4%
PKG Packaging Corporation of America 0.1%
Value $1.215M Shares 5,300 Share Price $229.26 Est. Cost/Share $189.12 Unrealized @ Report Date +21.2%
AVY Avery Dennison Corporation 0.1%
Value $922K Shares 5,400 Share Price $170.67 Est. Cost/Share $183.04 Unrealized @ Report Date -6.8%
TRGP Targa Resources Corp. 2.9%
Value $24.52M Shares 90,700 Share Price $270.31 Est. Cost/Share $177.09 Unrealized @ Report Date +52.6%
MOS Mosaic Company 0.1%
Value $459K Shares 21,201 Share Price $21.65 Est. Cost/Share $27.81 Unrealized @ Report Date -22.2%
DOW Dow, Inc. 0.2%
Value $1.458M Shares 52,945 Share Price $27.54 Est. Cost/Share $35.58 Unrealized @ Report Date -22.6%
CHRD Chord Energy Corporation 0.0%
Value $30,166 Shares 225 Share Price $134.07 Est. Cost/Share $91.94 Unrealized @ Report Date +45.8%