Filed: 7/10/2024ACC: 0001179232-24-000003
📋 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 $625.94M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
52
Positions
$625.94M
Total AUM (reported)
23.88M
Total Shares
Allocation by class
COM$625.94M100.0%
Portfolio Concentration
Top 3$140.63M22.5%
4–10$195.73M31.3%
11–25$195.73M31.3%
Rest$93.85M15.0%
Top 3 weight
22.5%
Top 10 weight
53.7%
Voting Authority Distribution
Total shares with voting rights: 23.88M
Sole
Full voting authority
23.88M
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
SOLEShares439.04K
TypeSH
Market value$50.54M
8.07%
Sole
439.04K
Shared
0.00
None
0.00
TECK RESOURCES LTD CL B
SOLEShares1.03M
TypeSH
Market value$49.27M
7.87%
Sole
1.03M
Shared
0.00
None
0.00
BERKSHIRE HATHAWAY CL B
SOLEShares100.33K
TypeSH
Market value$40.81M
6.52%
Sole
100.33K
Shared
0.00
None
0.00
CHEVRON
SOLEShares240.81K
TypeSH
Market value$37.67M
6.02%
Sole
240.81K
Shared
0.00
None
0.00
CONOCOPHILLIPS
SOLEShares298.10K
TypeSH
Market value$34.10M
5.45%
Sole
298.10K
Shared
0.00
None
0.00
NEWMONT GOLDCORP
SOLEShares708.55K
TypeSH
Market value$29.67M
4.74%
Sole
708.55K
Shared
0.00
None
0.00
CAMECO CORP
SOLEShares585.11K
TypeSH
Market value$28.79M
4.60%
Sole
585.11K
Shared
0.00
None
0.00
VERIZON COMMUNICATIONS INC COM
SOLEShares636.85K
TypeSH
Market value$26.26M
4.20%
Sole
636.85K
Shared
0.00
None
0.00
AGNICO EAGLE MINES LTD
SOLEShares319.42K
TypeSH
Market value$20.89M
3.34%
Sole
319.42K
Shared
0.00
None
0.00
MOSAIC
SOLEShares635.34K
TypeSH
Market value$18.36M
2.93%
Sole
635.34K
Shared
0.00
None
0.00
INTEL CORP.
SOLEShares551.52K
TypeSH
Market value$17.08M
2.73%
Sole
551.52K
Shared
0.00
None
0.00
PFIZER INC COM
SOLEShares575.67K
TypeSH
Market value$16.11M
2.57%
Sole
575.67K
Shared
0.00
None
0.00
MERCK AND CO. INC.
SOLEShares127.76K
TypeSH
Market value$15.82M
2.53%
Sole
127.76K
Shared
0.00
None
0.00
GILEAD SCIENCES INC
SOLEShares207.13K
TypeSH
Market value$14.21M
2.27%
Sole
207.13K
Shared
0.00
None
0.00
AMBEV SA SPON ADR
SOLEShares6.83M
TypeSH
Market value$14.01M
2.24%
Sole
6.83M
Shared
0.00
None
0.00
FEDERATED HERMES, INC
SOLEShares418.90K
TypeSH
Market value$13.77M
2.20%
Sole
418.90K
Shared
0.00
None
0.00
HP INC
SOLEShares382.04K
TypeSH
Market value$13.38M
2.14%
Sole
382.04K
Shared
0.00
None
0.00
SANOFI
SOLEShares275.08K
TypeSH
Market value$13.35M
2.13%
Sole
275.08K
Shared
0.00
None
0.00
FRANKLIN RESOURCES INC COM
SOLEShares584.61K
TypeSH
Market value$13.07M
2.09%
Sole
584.61K
Shared
0.00
None
0.00
BARRICK GOLD CORP
SOLEShares698.61K
TypeSH
Market value$11.65M
1.86%
Sole
698.61K
Shared
0.00
None
0.00
PARAMOUNT GLOBAL
SOLEShares1.10M
TypeSH
Market value$11.42M
1.82%
Sole
1.10M
Shared
0.00
None
0.00
FREEPORT-MCMORAN INC.
SOLEShares234.76K
TypeSH
Market value$11.41M
1.82%
Sole
234.76K
Shared
0.00
None
0.00
TSAKOS ENERGY NAVIGATION LTD
SOLEShares368.92K
TypeSH
Market value$10.80M
1.73%
Sole
368.92K
Shared
0.00
None
0.00
KRAFT HEINZ COMPANY
SOLEShares322.34K
TypeSH
Market value$10.39M
1.66%
Sole
322.34K
Shared
0.00
None
0.00
PHILLIPS 66
SOLEShares65.66K
TypeSH
Market value$9.27M
1.48%
Sole
65.66K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
EXXON MOBILSOLE | COM | 439.04K | SH | $50.54M 8.07% | 439.04K | 0.00 | 0.00 |
TECK RESOURCES LTD CL BSOLE | COM | 1.03M | SH | $49.27M 7.87% | 1.03M | 0.00 | 0.00 |
BERKSHIRE HATHAWAY CL BSOLE | COM | 100.33K | SH | $40.81M 6.52% | 100.33K | 0.00 | 0.00 |
CHEVRONSOLE | COM | 240.81K | SH | $37.67M 6.02% | 240.81K | 0.00 | 0.00 |
CONOCOPHILLIPSSOLE | COM | 298.10K | SH | $34.10M 5.45% | 298.10K | 0.00 | 0.00 |
NEWMONT GOLDCORPSOLE | COM | 708.55K | SH | $29.67M 4.74% | 708.55K | 0.00 | 0.00 |
CAMECO CORPSOLE | COM | 585.11K | SH | $28.79M 4.60% | 585.11K | 0.00 | 0.00 |
VERIZON COMMUNICATIONS INC COMSOLE | COM | 636.85K | SH | $26.26M 4.20% | 636.85K | 0.00 | 0.00 |
AGNICO EAGLE MINES LTDSOLE | COM | 319.42K | SH | $20.89M 3.34% | 319.42K | 0.00 | 0.00 |
MOSAICSOLE | COM | 635.34K | SH | $18.36M 2.93% | 635.34K | 0.00 | 0.00 |
INTEL CORP.SOLE | COM | 551.52K | SH | $17.08M 2.73% | 551.52K | 0.00 | 0.00 |
PFIZER INC COMSOLE | COM | 575.67K | SH | $16.11M 2.57% | 575.67K | 0.00 | 0.00 |
MERCK AND CO. INC.SOLE | COM | 127.76K | SH | $15.82M 2.53% | 127.76K | 0.00 | 0.00 |
GILEAD SCIENCES INCSOLE | COM | 207.13K | SH | $14.21M 2.27% | 207.13K | 0.00 | 0.00 |
AMBEV SA SPON ADRSOLE | COM | 6.83M | SH | $14.01M 2.24% | 6.83M | 0.00 | 0.00 |
FEDERATED HERMES, INCSOLE | COM | 418.90K | SH | $13.77M 2.20% | 418.90K | 0.00 | 0.00 |
HP INCSOLE | COM | 382.04K | SH | $13.38M 2.14% | 382.04K | 0.00 | 0.00 |
SANOFISOLE | COM | 275.08K | SH | $13.35M 2.13% | 275.08K | 0.00 | 0.00 |
FRANKLIN RESOURCES INC COMSOLE | COM | 584.61K | SH | $13.07M 2.09% | 584.61K | 0.00 | 0.00 |
BARRICK GOLD CORPSOLE | COM | 698.61K | SH | $11.65M 1.86% | 698.61K | 0.00 | 0.00 |
PARAMOUNT GLOBALSOLE | COM | 1.10M | SH | $11.42M 1.82% | 1.10M | 0.00 | 0.00 |
FREEPORT-MCMORAN INC.SOLE | COM | 234.76K | SH | $11.41M 1.82% | 234.76K | 0.00 | 0.00 |
TSAKOS ENERGY NAVIGATION LTDSOLE | COM | 368.92K | SH | $10.80M 1.73% | 368.92K | 0.00 | 0.00 |
KRAFT HEINZ COMPANYSOLE | COM | 322.34K | SH | $10.39M 1.66% | 322.34K | 0.00 | 0.00 |
PHILLIPS 66SOLE | COM | 65.66K | SH | $9.27M 1.48% | 65.66K | 0.00 | 0.00 |
Page 1 of 3