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ADAM NAT RES FD INC
ADAM NAT RES FD INC. Institutional holdings reported to the SEC.

Institutional Holders (2016Q3)
Portfolio Summary: 65 Institutional holders with a total value of $95,542,548.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 CUTLER GROUP LLC / CA 300 0 0.00% Put
2 Advisory Services Network, LLC 18 0 0.00%
3 TORONTO DOMINION BANK 69 1,000 0.00%
4 NEXT Financial Group, Inc 105 2,000 0.00%
5 WHITTIER TRUST CO 120 2,000 0.00%
6 CUTLER GROUP LLC / CA 209 4,000 0.00%
7 DUBUQUE BANK & TRUST CO 207 4,000 0.00%
8 CENTRAL TRUST Co 200 4,000 0.00%
9 Hartford Financial Management Inc. 273 5,000 0.01%
10 JFS WEALTH ADVISORS, LLC 348 7,000 0.01%
11 CWM, LLC 450 9,000 0.01%
12 IFP ADVISORS, INC 500 10,000 0.01%
13 BENJAMIN F. EDWARDS & COMPANY, INC. 672 13,000 0.01%
14 JPMORGAN CHASE & CO 690 14,000 0.01%
15 FineMark National Bank & Trust 790 16,000 0.02%
16 Carroll Financial Associates, Inc. 842 16,000 0.02%
17 THRIVENT FINANCIAL FOR LUTHERANS 876 17,000 0.02%
18 FIFTH THIRD BANCORP 928 18,000 0.02%
19 BANK OF MONTREAL /CAN/ 950 19,000 0.02%
20 Stonehage Fleming Financial Services Holdings Ltd 1,578 31,000 0.03%
21 PITTENGER & ANDERSON INC 1,600 32,000 0.03%
22 Tower Research Capital LLC (TRC) 2,372 47,000 0.05%
23 COUNTRY TRUST BANK 3,075 61,000 0.06%
24 JNBA Financial Advisors 3,589 72,000 0.08%
25 SIGNATUREFD, LLC 3,589 72,000 0.08%
26 KELMAN-LAZAROV, INC. 4,095 80,548 0.08%
27 TRUST DEPARTMENT MB FINANCIAL BANK N A 4,932 98,000 0.10%
28 GENEOS WEALTH MANAGEMENT INC. 9,931 197,000 0.21%
29 SUSQUEHANNA INTERNATIONAL GROUP, LLP 10,908 217,000 0.23%
30 CITADEL ADVISORS LLC 11,711 233,000 0.24%
31 BAIRD FINANCIAL GROUP, INC. 12,549 250,000 0.26%
32 ADVISOR GROUP, INC. 12,949 258,000 0.27%
33 TFS CAPITAL LLC 13,227 264,000 0.28%
34 Creative Planning 13,468 268,000 0.28%
35 D.A. DAVIDSON & CO. 14,500 288,000 0.30%
36 Cetera Advisor Networks LLC 14,931 298,000 0.31%
37 Ionic Capital Management LLC 15,000 299,000 0.31%
38 MSI Financial Services Inc 15,201 303,000 0.32%
39 PNC FINANCIAL SERVICES GROUP, INC. 17,072 341,000 0.36%
40 SII INVESTMENTS INC/WI 17,244 343,000 0.36%
41 DESCHUTES PORTFOLIO STRATEGY, LLC 24,700 492,000 0.51%
42 Cambridge Investment Research Advisors, Inc. 25,280 504,000 0.53%
43 LADENBURG THALMANN FINANCIAL SERVICES INC. 25,577 509,000 0.53%
44 Raymond James Financial Services Advisors, Inc. 29,299 584,000 0.61%
45 Invesco Ltd. 31,395 626,000 0.66%
46 Nuveen Asset Management, LLC 32,000 638,000 0.67%
47 CSS LLC/IL 33,112 660,000 0.69%
48 HL FINANCIAL SERVICES LLC 41,548 828,000 0.87%
49 1607 Capital Partners, LLC 52,715 1,051,000 1.10%
50 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 52,961 1,056,000 1.11%
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From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.