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BAIRD ROBERT W & CO INC
> PEO
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 03/31/2015 | ADAMS NATURAL RESOURCES FUND, INC. | PEO | 0 | -12,612 | 0 | -301,000 | |
| 12/31/2014 | ADAMS NATURAL RESOURCES FUND, INC. | PEO | 12,612 | 12,612 | 301,000 | 301,000 | $23.87 |
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