Foundation Resource Management Inc Top Holdings and 13F Report (2024)

About Foundation Resource Management Inc

Investment Activity

Foundation Resource Management Inc has $625.94 million in total holdings as of June 30, 2024.
Foundation Resource Management Inc owns shares of 52 different stocks, but just 22 companies or ETFs make up 80% of its holdings.
Approximately 2.49% of the portfolio was purchased this quarter.
About 1.08% of the portfolio was sold this quarter.
This quarter, Foundation Resource Management Inc has purchased 52 new stocks and bought additional shares in 17 stocks.
Foundation Resource Management Inc sold shares of 26 stocks and completely divested from 1 stock this quarter.

Largest Holdings

Exxon Mobil: $50,541,930
Teck Resources: $49,273,897
Berkshire Hathaway: $40,814,651
Chevron: $37,666,718
ConocoPhillips: $34,096,274

Largest New Holdings this Quarter

Bristol-Myers Squibb: $6,528,474 Holding

Largest Purchases this Quarter

Ambev: 4,003,433 shares (about $8.21M)
Bristol-Myers Squibb: 157,199 shares (about $6.53M)
HP: 4,559 shares (about $159.66K)
Tejon Ranch: 7,913 shares (about $135.00K)
Gilead Sciences: 1,447 shares (about $99.28K)

Largest Sales this Quarter

Teck Resources: 9,687 shares (about $464.01K)
Berkshire Hathaway: 986 shares (about $401.10K)
Exxon Mobil: 3,090 shares (about $355.72K)
ConocoPhillips: 2,781 shares (about $318.09K)
Cameco: 2,762 shares (about $135.89K)

Sector Allocation Over Time

Selling

Neutral

Buying

Latest 13F Holdings and Changes Since Previous Quarterly Filing

Issuer Name	Holdings Value	Approximate Purchase/Sale	Change in Shares	Shares Held	% of Portfolio	Sector
XOM Exxon Mobil	$50,541,930	$355,721 ▼	-0.7%	439,037	8.1%	Oils/Energy
TECK Teck Resources	$49,273,897	$464,007 ▼	-0.9%	1,028,683	7.9%	Basic Materials
BRK.B Berkshire Hathaway	$40,814,651	$401,105 ▼	-1.0%	100,331	6.5%	Finance
CVX Chevron	$37,666,718	$58,188 ▼	-0.2%	240,805	6.0%	Oils/Energy
COP ConocoPhillips	$34,096,274	$318,091 ▼	-0.9%	298,096	5.4%	Oils/Energy
NEM Newmont	$29,667,032	$37,599 ▼	-0.1%	708,551	4.7%	Basic Materials
CCJ Cameco	$28,787,215	$135,890 ▼	-0.5%	585,106	4.6%	Basic Materials
VZ Verizon Communications	$26,263,818	$127,968 ▼	-0.5%	636,853	4.2%	Computer and Technology
AEM Agnico Eagle Mines	$20,890,003	$38,651 ▲	0.2%	319,419	3.3%	Basic Materials
MOS Mosaic	$18,361,420	$43,177 ▲	0.2%	635,343	2.9%	Basic Materials
INTC Intel	$17,080,512	$22,144 ▲	0.1%	551,518	2.7%	Computer and Technology
PFE Pfizer	$16,107,303	$38,417 ▲	0.2%	575,672	2.6%	Medical
MRK Merck & Co., Inc.	$15,816,193	$131,476 ▼	-0.8%	127,756	2.5%	Medical
GILD Gilead Sciences	$14,211,409	$99,279 ▲	0.7%	207,133	2.3%	Medical
ABEV Ambev	$14,007,775	$8,207,038 ▲	141.5%	6,833,061	2.2%	Consumer Staples
FHI Federated Hermes	$13,773,545	$10,850 ▲	0.1%	418,903	2.2%	Finance
HPQ HP	$13,378,936	$159,656 ▲	1.2%	382,037	2.1%	Computer and Technology
SNY Sanofi	$13,347,027	$16,303 ▼	-0.1%	275,083	2.1%	Medical
BEN Franklin Resources	$13,065,934	$6,034 ▲	0.0%	584,606	2.1%	Finance
GOLD Barrick Gold	$11,652,791	$28,539 ▼	-0.2%	698,609	1.9%	Basic Materials
PARA Paramount Global	$11,419,064	$27,222 ▼	-0.2%	1,099,044	1.8%	Consumer Discretionary
FCX Freeport-McMoRan	$11,409,579	$94,770 ▼	-0.8%	234,765	1.8%	Basic Materials
TNP Tsakos Energy Navigation	$10,802,036	$6,207 ▼	-0.1%	368,922	1.7%	Transportation
KHC Kraft Heinz	$10,385,924	$36,666 ▼	-0.4%	322,344	1.7%	Consumer Staples
PSX Phillips 66	$9,269,505	$77,644 ▼	-0.8%	65,662	1.5%	Oils/Energy
L Loews	$8,655,191	$37,370 ▼	-0.4%	115,804	1.4%	Finance
TRC Tejon Ranch	$8,371,103	$134,996 ▲	1.6%	490,686	1.3%	Finance
CVE Cenovus Energy	$8,314,572	$69,577 ▲	0.8%	422,918	1.3%	Oils/Energy
PBT Permian Basin Royalty Trust	$7,660,561	$25,898 ▼	-0.3%	680,334	1.2%	Oils/Energy
CSCO Cisco Systems	$6,933,182	$69,840 ▼	-1.0%	145,931	1.1%	Computer and Technology
ABBV AbbVie	$6,748,797	$49,741 ▼	-0.7%	39,347	1.1%	Medical
BMY Bristol-Myers Squibb	$6,528,474	$6,528,474 ▲	New Holding	157,199	1.0%	Medical
CNHI CNH Industrial	$6,435,032	$29,823 ▲	0.5%	635,245	1.0%	Industrials
PKE Park Aerospace	$6,343,881	$53,188 ▲	0.8%	463,734	1.0%	Aerospace
APA APA	$4,395,950	$45,956 ▲	1.1%	149,319	0.7%	Oils/Energy
OVV Ovintiv	$4,089,220	$45,417 ▼	-1.1%	87,246	0.7%	Oils/Energy
DVN Devon Energy	$3,916,615	$45,030 ▲	1.2%	82,629	0.6%	Oils/Energy
GLW Corning	$3,810,291	$27,001 ▼	-0.7%	98,077	0.6%	Computer and Technology
BRK.A Berkshire Hathaway	$3,061,205		0.0%	5	0.5%	Finance
EAF GrafTech International	$1,793,863	$44,483 ▲	2.5%	1,849,343	0.3%	Industrial Products
WMT Walmart	$1,322,105	$6,771 ▼	-0.5%	19,526	0.2%	Retail/Wholesale
RIG Transocean	$1,036,595	$10,433 ▼	-1.0%	193,756	0.2%	Oils/Energy
MPC Marathon Petroleum	$855,083		0.0%	4,929	0.1%	Oils/Energy
AGI Alamos Gold	$630,885	$1,176 ▲	0.2%	40,235	0.1%	Basic Materials
GLT Glatfelter	$599,307	$1,225 ▼	-0.2%	431,156	0.1%	Construction
CB Chubb	$543,065		0.0%	2,129	0.1%	Finance
TRV Travelers Companies	$541,901		0.0%	2,665	0.1%	Finance
IMO Imperial Oil	$473,996	$5,460 ▼	-1.1%	6,945	0.1%	Oils/Energy
MUR Murphy Oil	$249,502		0.0%	6,050	0.0%	Oils/Energy
IBM International Business Machines	$241,957		0.0%	1,399	0.0%	Computer and Technology
EMN Eastman Chemical	$235,128		0.0%	2,400	0.0%	Basic Materials
SJT San Juan Basin Royalty Trust	$63,437		0.0%	15,625	0.0%	Oils/Energy
LUMN Lumen Technologies	$0	$4,189,465 ▼	-100.0%	0	0.0%	Business Services