Filed: 4/14/2025ACC: 0001179232-25-000002
📋 What this filing means
FOUNDATION RESOURCE MANAGEMENT INC filed this quarterly 13F‑HR report disclosing 50 equity positions with a total reported market value of $634.39M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
50
Positions
$634.39M
Total AUM (reported)
22.39M
Total Shares
Allocation by class
COM$634.39M100.0%
Portfolio Concentration
Top 3$140.50M22.1%
4–10$206.18M32.5%
11–25$199.87M31.5%
Rest$87.85M13.8%
Top 3 weight
22.1%
Top 10 weight
54.6%
Voting Authority Distribution
Total shares with voting rights: 22.39M
Sole
Full voting authority
22.39M
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)
Sole50
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings50
Rows:
BERKSHIRE HATHAWAY CL B
SOLEShares97.77K
TypeSH
Market value$52.07M
8.21%
Sole
97.77K
Shared
0.00
None
0.00
EXXON MOBIL
SOLEShares417.90K
TypeSH
Market value$49.70M
7.83%
Sole
417.90K
Shared
0.00
None
0.00
CHEVRON
SOLEShares231.47K
TypeSH
Market value$38.72M
6.10%
Sole
231.47K
Shared
0.00
None
0.00
TECK RESOURCES LTD CL B
SOLEShares948.72K
TypeSH
Market value$34.56M
5.45%
Sole
948.72K
Shared
0.00
None
0.00
AGNICO EAGLE MINES LTD
SOLEShares307K
TypeSH
Market value$33.28M
5.25%
Sole
307K
Shared
0.00
None
0.00
NEWMONT GOLDCORP
SOLEShares683.05K
TypeSH
Market value$32.98M
5.20%
Sole
683.05K
Shared
0.00
None
0.00
CONOCOPHILLIPS
SOLEShares282.81K
TypeSH
Market value$29.70M
4.68%
Sole
282.81K
Shared
0.00
None
0.00
VERIZON COMMUNICATIONS INC COM
SOLEShares618.47K
TypeSH
Market value$28.05M
4.42%
Sole
618.47K
Shared
0.00
None
0.00
DOLLAR GENERAL CORP
SOLEShares282.87K
TypeSH
Market value$24.87M
3.92%
Sole
282.87K
Shared
0.00
None
0.00
CAMECO CORP
SOLEShares552.21K
TypeSH
Market value$22.73M
3.58%
Sole
552.21K
Shared
0.00
None
0.00
PFIZER INC COM
SOLEShares892.13K
TypeSH
Market value$22.61M
3.56%
Sole
892.13K
Shared
0.00
None
0.00
MOSAIC
SOLEShares633.35K
TypeSH
Market value$17.11M
2.70%
Sole
633.35K
Shared
0.00
None
0.00
MERCK AND CO. INC.
SOLEShares186.20K
TypeSH
Market value$16.71M
2.63%
Sole
186.20K
Shared
0.00
None
0.00
FEDERATED HERMES, INC
SOLEShares401.68K
TypeSH
Market value$16.38M
2.58%
Sole
401.68K
Shared
0.00
None
0.00
AMBEV SA SPON ADR
SOLEShares6.81M
TypeSH
Market value$15.88M
2.50%
Sole
6.81M
Shared
0.00
None
0.00
SANOFI
SOLEShares260.66K
TypeSH
Market value$14.46M
2.28%
Sole
260.66K
Shared
0.00
None
0.00
GILEAD SCIENCES INC
SOLEShares109.92K
TypeSH
Market value$12.32M
1.94%
Sole
109.92K
Shared
0.00
None
0.00
INTEL CORP.
SOLEShares530.63K
TypeSH
Market value$12.05M
1.90%
Sole
530.63K
Shared
0.00
None
0.00
LOEWS
SOLEShares129.38K
TypeSH
Market value$11.89M
1.87%
Sole
129.38K
Shared
0.00
None
0.00
BARRICK GOLD CORP
SOLEShares601.64K
TypeSH
Market value$11.70M
1.84%
Sole
601.64K
Shared
0.00
None
0.00
FRANKLIN RESOURCES INC COM
SOLEShares575.47K
TypeSH
Market value$11.08M
1.75%
Sole
575.47K
Shared
0.00
None
0.00
HP INC
SOLEShares369.48K
TypeSH
Market value$10.23M
1.61%
Sole
369.48K
Shared
0.00
None
0.00
KRAFT HEINZ COMPANY
SOLEShares312.48K
TypeSH
Market value$9.51M
1.50%
Sole
312.48K
Shared
0.00
None
0.00
BRISTOL MYERS SQUIBB
SOLEShares152.94K
TypeSH
Market value$9.33M
1.47%
Sole
152.94K
Shared
0.00
None
0.00
CISCO SYSTEMS
SOLEShares139.82K
TypeSH
Market value$8.63M
1.36%
Sole
139.82K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
BERKSHIRE HATHAWAY CL BSOLE | COM | 97.77K | SH | $52.07M 8.21% | 97.77K | 0.00 | 0.00 |
EXXON MOBILSOLE | COM | 417.90K | SH | $49.70M 7.83% | 417.90K | 0.00 | 0.00 |
CHEVRONSOLE | COM | 231.47K | SH | $38.72M 6.10% | 231.47K | 0.00 | 0.00 |
TECK RESOURCES LTD CL BSOLE | COM | 948.72K | SH | $34.56M 5.45% | 948.72K | 0.00 | 0.00 |
AGNICO EAGLE MINES LTDSOLE | COM | 307K | SH | $33.28M 5.25% | 307K | 0.00 | 0.00 |
NEWMONT GOLDCORPSOLE | COM | 683.05K | SH | $32.98M 5.20% | 683.05K | 0.00 | 0.00 |
CONOCOPHILLIPSSOLE | COM | 282.81K | SH | $29.70M 4.68% | 282.81K | 0.00 | 0.00 |
VERIZON COMMUNICATIONS INC COMSOLE | COM | 618.47K | SH | $28.05M 4.42% | 618.47K | 0.00 | 0.00 |
DOLLAR GENERAL CORPSOLE | COM | 282.87K | SH | $24.87M 3.92% | 282.87K | 0.00 | 0.00 |
CAMECO CORPSOLE | COM | 552.21K | SH | $22.73M 3.58% | 552.21K | 0.00 | 0.00 |
PFIZER INC COMSOLE | COM | 892.13K | SH | $22.61M 3.56% | 892.13K | 0.00 | 0.00 |
MOSAICSOLE | COM | 633.35K | SH | $17.11M 2.70% | 633.35K | 0.00 | 0.00 |
MERCK AND CO. INC.SOLE | COM | 186.20K | SH | $16.71M 2.63% | 186.20K | 0.00 | 0.00 |
FEDERATED HERMES, INCSOLE | COM | 401.68K | SH | $16.38M 2.58% | 401.68K | 0.00 | 0.00 |
AMBEV SA SPON ADRSOLE | COM | 6.81M | SH | $15.88M 2.50% | 6.81M | 0.00 | 0.00 |
SANOFISOLE | COM | 260.66K | SH | $14.46M 2.28% | 260.66K | 0.00 | 0.00 |
GILEAD SCIENCES INCSOLE | COM | 109.92K | SH | $12.32M 1.94% | 109.92K | 0.00 | 0.00 |
INTEL CORP.SOLE | COM | 530.63K | SH | $12.05M 1.90% | 530.63K | 0.00 | 0.00 |
LOEWSSOLE | COM | 129.38K | SH | $11.89M 1.87% | 129.38K | 0.00 | 0.00 |
BARRICK GOLD CORPSOLE | COM | 601.64K | SH | $11.70M 1.84% | 601.64K | 0.00 | 0.00 |
FRANKLIN RESOURCES INC COMSOLE | COM | 575.47K | SH | $11.08M 1.75% | 575.47K | 0.00 | 0.00 |
HP INCSOLE | COM | 369.48K | SH | $10.23M 1.61% | 369.48K | 0.00 | 0.00 |
KRAFT HEINZ COMPANYSOLE | COM | 312.48K | SH | $9.51M 1.50% | 312.48K | 0.00 | 0.00 |
BRISTOL MYERS SQUIBBSOLE | COM | 152.94K | SH | $9.33M 1.47% | 152.94K | 0.00 | 0.00 |
CISCO SYSTEMSSOLE | COM | 139.82K | SH | $8.63M 1.36% | 139.82K | 0.00 | 0.00 |
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