Adams Natural Resources Fund Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NYSE:PEO Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
01 May 24	BuyUS$24,690	Gregory Buckley	Individual	1,070.5	US$23.06
08 Apr 24	BuyUS$2,858,246	Saba Capital Management, L.P.	Company	128,116	US$24.01
29 Jan 24	BuyUS$68,675	Gregory Buckley	Individual	3,350	US$20.50
08 Dec 23	BuyUS$3,343,328	Saba Capital Management, L.P.	Company	160,942	US$22.18
27 Sep 23	BuyUS$6,596,883	Saba Capital Management, L.P.	Company	278,467	US$23.69
10 Aug 23	BuyUS$17,962,551	Saba Capital Management, L.P.	Company	773,581	US$23.22

Insider Trading Volume

Insider Buying: PEO insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of PEO?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	126,249	0.495%
Hedge Funds	2,099,932	8.23%
Institutions	7,608,062	29.8%
General Public	15,680,198	61.5%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 34.2% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
8.57%	Adams Diversified Equity Fund, Inc.	2,186,774	US$51.9m	0%	1.8%
8.23%	Saba Capital Management, L.P.	2,099,932	US$49.9m	1.75%	1.04%
2.6%	Morgan Stanley, Investment Banking and Brokerage Investments	664,093	US$15.8m	4.01%	no data
2.27%	Lazard Asset Management LLC	579,459	US$13.8m	-11%	0.01%
1.89%	Cornerstone Advisors, LLC	483,384	US$11.5m	0.13%	0.47%
1.33%	CSS LLC/IL, Asset Management Arm	338,551	US$8.0m	-4.57%	2.05%
1.16%	Royal Bank of Canada, Banking & Securities Investments	295,041	US$7.0m	-0.44%	no data
0.98%	Merrill Lynch & Co. Inc., Banking Investments	251,046	US$6.0m	-1.52%	no data
0.88%	Raymond James Financial Inc., Asset Management Arm	223,501	US$5.3m	-0.56%	no data
0.63%	Intrepid Family Office LLC	160,000	US$3.8m	0%	5.66%
0.61%	Cohen & Steers Capital Management, Inc.	155,985	US$3.7m	0%	0.01%
0.54%	1607 Capital Partners, LLC	138,143	US$3.3m	-5.84%	0.1%
0.52%	Wolverine Asset Management, LLC	131,787	US$3.1m	45.4%	0.28%
0.51%	North Star Asset Management, Inc	131,134	US$3.1m	-3.5%	0.15%
0.46%	Thomas J. Herzfeld Advisors, Inc.	116,965	US$2.8m	0.77%	0.96%
0.41%	FCA Corp	105,074	US$2.5m	1.78%	0.73%
0.4%	AQR Capital Management, LLC	100,925	US$2.4m	7.59%	no data
0.36%	HighTower Advisors, LLC	91,244	US$2.2m	-7.74%	no data
0.29%	Wealth Enhancement Advisory Services, LLC	73,964	US$1.8m	-4.4%	no data
0.28%	Millennium Management LLC	71,619	US$1.7m	125%	no data
0.28%	Whitener Capital Management, Inc.	71,255	US$1.7m	2.57%	0.54%
0.28%	Stifel Asset Management Corp.	70,954	US$1.7m	5.04%	no data
0.24%	Uncommon Cents Investing, LLC	62,483	US$1.5m	-1.93%	0.45%
0.24%	Davidson Investment Advisors, Inc.	62,302	US$1.5m	14.2%	0.01%
0.23%	Nations Financial Group, Inc., Asset Management Arm	59,107	US$1.4m	2.1%	0.12%