Filed: 4/11/2024ACC: 0001179232-24-000002
📋 What this filing means
FOUNDATION RESOURCE MANAGEMENT INC filed this quarterly 13F‑HR report disclosing 52 equity positions with a total reported market value of $636.62M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
52
Positions
$636.62M
Total AUM (reported)
22.37M
Total Shares
Allocation by class
COM$636.62M100.0%
Portfolio Concentration
Top 3$141.54M22.2%
4–10$198.99M31.3%
11–25$200.34M31.5%
Rest$95.76M15.0%
Top 3 weight
22.2%
Top 10 weight
53.5%
Voting Authority Distribution
Total shares with voting rights: 22.37M
Sole
Full voting authority
22.37M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole52
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings52
Rows:
EXXON MOBIL
SOLEShares442.13K
TypeSH
Market value$51.39M
8.07%
Sole
442.13K
Shared
0.00
None
0.00
TECK RESOURCES LTD CL B
SOLEShares1.04M
TypeSH
Market value$47.54M
7.47%
Sole
1.04M
Shared
0.00
None
0.00
BERKSHIRE HATHAWAY CL B
SOLEShares101.32K
TypeSH
Market value$42.61M
6.69%
Sole
101.32K
Shared
0.00
None
0.00
CONOCOPHILLIPS
SOLEShares300.88K
TypeSH
Market value$38.30M
6.02%
Sole
300.88K
Shared
0.00
None
0.00
CHEVRON
SOLEShares241.18K
TypeSH
Market value$38.04M
5.98%
Sole
241.18K
Shared
0.00
None
0.00
VERIZON COMMUNICATIONS INC COM
SOLEShares639.96K
TypeSH
Market value$26.85M
4.22%
Sole
639.96K
Shared
0.00
None
0.00
CAMECO CORP
SOLEShares587.87K
TypeSH
Market value$25.47M
4.00%
Sole
587.87K
Shared
0.00
None
0.00
NEWMONT GOLDCORP
SOLEShares709.45K
TypeSH
Market value$25.43M
3.99%
Sole
709.45K
Shared
0.00
None
0.00
INTEL CORP.
SOLEShares550.80K
TypeSH
Market value$24.33M
3.82%
Sole
550.80K
Shared
0.00
None
0.00
MOSAIC
SOLEShares633.85K
TypeSH
Market value$20.57M
3.23%
Sole
633.85K
Shared
0.00
None
0.00
AGNICO EAGLE MINES LTD
SOLEShares318.83K
TypeSH
Market value$19.02M
2.99%
Sole
318.83K
Shared
0.00
None
0.00
MERCK AND CO. INC.
SOLEShares128.82K
TypeSH
Market value$17.00M
2.67%
Sole
128.82K
Shared
0.00
None
0.00
FRANKLIN RESOURCES INC COM
SOLEShares584.34K
TypeSH
Market value$16.43M
2.58%
Sole
584.34K
Shared
0.00
None
0.00
PFIZER INC COM
SOLEShares574.30K
TypeSH
Market value$15.94M
2.50%
Sole
574.30K
Shared
0.00
None
0.00
FEDERATED HERMES, INC
SOLEShares418.57K
TypeSH
Market value$15.12M
2.37%
Sole
418.57K
Shared
0.00
None
0.00
GILEAD SCIENCES INC
SOLEShares205.69K
TypeSH
Market value$15.07M
2.37%
Sole
205.69K
Shared
0.00
None
0.00
SANOFI
SOLEShares275.42K
TypeSH
Market value$13.39M
2.10%
Sole
275.42K
Shared
0.00
None
0.00
PARAMOUNT GLOBAL
SOLEShares1.10M
TypeSH
Market value$12.97M
2.04%
Sole
1.10M
Shared
0.00
None
0.00
KRAFT HEINZ COMPANY
SOLEShares323.48K
TypeSH
Market value$11.94M
1.87%
Sole
323.48K
Shared
0.00
None
0.00
BARRICK GOLD CORP
SOLEShares700.32K
TypeSH
Market value$11.65M
1.83%
Sole
700.32K
Shared
0.00
None
0.00
HP INC
SOLEShares377.48K
TypeSH
Market value$11.41M
1.79%
Sole
377.48K
Shared
0.00
None
0.00
FREEPORT-MCMORAN INC.
SOLEShares236.72K
TypeSH
Market value$11.13M
1.75%
Sole
236.72K
Shared
0.00
None
0.00
PHILLIPS 66
SOLEShares66.21K
TypeSH
Market value$10.82M
1.70%
Sole
66.21K
Shared
0.00
None
0.00
TSAKOS ENERGY NAVIGATION LTD
SOLEShares369.13K
TypeSH
Market value$9.37M
1.47%
Sole
369.13K
Shared
0.00
None
0.00
LOEWS
SOLEShares116.30K
TypeSH
Market value$9.11M
1.43%
Sole
116.30K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
EXXON MOBILSOLE | COM | 442.13K | SH | $51.39M 8.07% | 442.13K | 0.00 | 0.00 |
TECK RESOURCES LTD CL BSOLE | COM | 1.04M | SH | $47.54M 7.47% | 1.04M | 0.00 | 0.00 |
BERKSHIRE HATHAWAY CL BSOLE | COM | 101.32K | SH | $42.61M 6.69% | 101.32K | 0.00 | 0.00 |
CONOCOPHILLIPSSOLE | COM | 300.88K | SH | $38.30M 6.02% | 300.88K | 0.00 | 0.00 |
CHEVRONSOLE | COM | 241.18K | SH | $38.04M 5.98% | 241.18K | 0.00 | 0.00 |
VERIZON COMMUNICATIONS INC COMSOLE | COM | 639.96K | SH | $26.85M 4.22% | 639.96K | 0.00 | 0.00 |
CAMECO CORPSOLE | COM | 587.87K | SH | $25.47M 4.00% | 587.87K | 0.00 | 0.00 |
NEWMONT GOLDCORPSOLE | COM | 709.45K | SH | $25.43M 3.99% | 709.45K | 0.00 | 0.00 |
INTEL CORP.SOLE | COM | 550.80K | SH | $24.33M 3.82% | 550.80K | 0.00 | 0.00 |
MOSAICSOLE | COM | 633.85K | SH | $20.57M 3.23% | 633.85K | 0.00 | 0.00 |
AGNICO EAGLE MINES LTDSOLE | COM | 318.83K | SH | $19.02M 2.99% | 318.83K | 0.00 | 0.00 |
MERCK AND CO. INC.SOLE | COM | 128.82K | SH | $17.00M 2.67% | 128.82K | 0.00 | 0.00 |
FRANKLIN RESOURCES INC COMSOLE | COM | 584.34K | SH | $16.43M 2.58% | 584.34K | 0.00 | 0.00 |
PFIZER INC COMSOLE | COM | 574.30K | SH | $15.94M 2.50% | 574.30K | 0.00 | 0.00 |
FEDERATED HERMES, INCSOLE | COM | 418.57K | SH | $15.12M 2.37% | 418.57K | 0.00 | 0.00 |
GILEAD SCIENCES INCSOLE | COM | 205.69K | SH | $15.07M 2.37% | 205.69K | 0.00 | 0.00 |
SANOFISOLE | COM | 275.42K | SH | $13.39M 2.10% | 275.42K | 0.00 | 0.00 |
PARAMOUNT GLOBALSOLE | COM | 1.10M | SH | $12.97M 2.04% | 1.10M | 0.00 | 0.00 |
KRAFT HEINZ COMPANYSOLE | COM | 323.48K | SH | $11.94M 1.87% | 323.48K | 0.00 | 0.00 |
BARRICK GOLD CORPSOLE | COM | 700.32K | SH | $11.65M 1.83% | 700.32K | 0.00 | 0.00 |
HP INCSOLE | COM | 377.48K | SH | $11.41M 1.79% | 377.48K | 0.00 | 0.00 |
FREEPORT-MCMORAN INC.SOLE | COM | 236.72K | SH | $11.13M 1.75% | 236.72K | 0.00 | 0.00 |
PHILLIPS 66SOLE | COM | 66.21K | SH | $10.82M 1.70% | 66.21K | 0.00 | 0.00 |
TSAKOS ENERGY NAVIGATION LTDSOLE | COM | 369.13K | SH | $9.37M 1.47% | 369.13K | 0.00 | 0.00 |
LOEWSSOLE | COM | 116.30K | SH | $9.11M 1.43% | 116.30K | 0.00 | 0.00 |
Page 1 of 3