Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

ADAM NAT RES FD INC (PEO)

79 + Investors. Track Smart Money conviction in PEO. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -3
Streak
1Q ▼
Buyers last Q
60%

Smart Money Signals — PEO

Based on 83 hedge funds · latest filing: 2025 Q4 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their PEO positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (95% of max)

95% of all-time peak
83 hedge funds hold PEO right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding PEO is almost the same as a year ago (-1 funds, -1% change). No significant rush to buy or sell — institutional backing is holding steady.
🟢

More buyers than sellers — 60% buying

44 buying29 selling
Last quarter: 44 funds were net buyers (5 opened a brand new position + 39 added to an existing one). Only 29 were sellers (21 trimmed + 8 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~5 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 14 → 6 → 8 → 5. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

67% of holders stayed for 2+ years

■ 67% conviction (2yr+) ■ 18% medium ■ 14% new
56 out of 83 hedge funds have held PEO for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📊

Peak discovery — momentum slowing

11 → 14 → 6 → 8 → 5 new funds/Q
New funds entering each quarter: 14 → 6 → 8 → 5. PEO is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Deep conviction — 64% of holders stayed 2+ years

■ 64% veterans ■ 13% 1-2yr ■ 23% new
Of 83 current holders: 53 (64%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
📋

Smaller funds dominant — 17% AUM from top-100

17% from top-100 AUM funds
14 of 83 holders rank in the top 100 by AUM, but together hold only 17% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
3.1
out of 10
Low Exit Risk
Exit risk score 3.1/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — PEO

In 2025 Q4, 44 hedge funds were net buyers of PEO (5 opened a new position, 39 added to an existing one), while 29 reduced or exited (21 trimmed, 8 sold completely) — a 60% buyer ratio, indicating clear institutional accumulation. Net fund flow last quarter: -3 funds (more exits than new entries). Total institutional holders: 83.

Hedge Fund Ownership: PEO

How many hedge funds hold PEO — quarterly history vs. share price
Quarterly hedge fund ownership of PEO vs. share price

Market Analysis: PEO

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PEO

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

8 top-rated funds 2 high-conviction
Consensus
4.1
/ 10
breadth
×
Elite
1.7
/ 10
conviction
Hedge Fund Positioning: PEO
2026 Q1 Stats Unlock in 4 days 79 + Investors

Track Smart Money conviction in PEO. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 79 83 -4.82%
13F Shares 11M 11M -2.05%
Total Value $236M $259M -8.73%
New Positions 4 7 -3
Increased Positions 38 34 +4
Closed Positions 8 5 +3
Reduced Positions 20 22 -2
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: PEO

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Institutional Holders (2026 Q1)

79 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in PEO. Verified SEC 13F-HR filings.

QUARTER:
Top 25 institutional holders of PEO — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 INTREPID FAMILY OFFICE LLC 3.51% 156,000 $4.3M
2 Basepoint Wealth LLC 2.64% 165,998 $4.6M
3 ADAMS DIVERSIFIED EQUITY FUND, INC. 2.57% 2,621,907 $72.9M
4 Saba Capital Management, L.P. 1.74% 2,262,661 $62.9M
5 FCA CORP /TX 0.93% 118,306 $3.3M
6 Walsh & Associates, LLC 0.75% 35,153 $764K
7 WHITENER CAPITAL MANAGEMENT, INC. 0.57% 89,504 $2.5M
8 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.45% 113,357 $3.2M
9 Navis Wealth Advisors, LLC 0.40% 28,033 $779K
10 Uncommon Cents Investing LLC 0.40% 61,519 $1.7M
11 ROBERTS GLORE & CO INC /IL/ 0.28% 36,175 $1.0M
12 St. James Investment Company, LLC 0.17% 38,690 $1.1M
13 UHLMANN PRICE SECURITIES, LLC 0.13% 67,396 $1.9M
14 NORTH STAR ASSET MANAGEMENT INC 0.11% 88,029 $2.4M
15 CSS LLC/IL 0.10% 74,495 $2.1M
16 CULLEN INVESTMENT GROUP, LTD. 0.09% 24,350 $677K
17 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.07% 51,280 $1.4M
18 SEARLE & CO. 0.07% 10,060 $280K
19 SPROTT INC. 0.06% 76,742 $2.1M
20 MERIDIAN INVESTMENT COUNSEL INC. 0.05% 7,779 $216K
21 Advisors Asset Management, Inc. 0.05% 101,998 $2.8M
22 Sovereign Financial Group, Inc. 0.04% 9,209 $256K
23 BURNEY CO/ 0.04% 47,802 $1.3M
24 EVOLVE PRIVATE WEALTH, LLC 0.04% 25,824 $718K
25 SeaCrest Wealth Management, LLC 0.04% 12,600 $350K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — ADAM NAT RES FD INC (PEO)

What does the Smart Money Trend signal show for PEO?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their PEO positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for PEO?

More buyers than sellers — 60% buying: Last quarter: 44 funds were net buyers (5 opened a brand new position + 39 added to an existing one). Only 29 were sellers (21 trimmed + 8 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for PEO holders?

Smaller funds dominant — 17% AUM from top-100: 14 of 83 holders rank in the top 100 by AUM, but together hold only 17% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held PEO?

67% of holders stayed for 2+ years: 56 out of 83 hedge funds have held PEO for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.