Filed: 7/14/2025ACC: 0001179232-25-000003
📋 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 $646.66M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
50
Positions
$646.66M
Total AUM (reported)
22.36M
Total Shares
Allocation by class
COM$646.66M100.0%
Portfolio Concentration
Top 3$131.54M20.3%
4–10$215.15M33.3%
11–25$202.57M31.3%
Rest$97.40M15.1%
Top 3 weight
20.3%
Top 10 weight
53.6%
Voting Authority Distribution
Total shares with voting rights: 22.36M
Sole
Full voting authority
22.36M
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
SOLEShares96.58K
TypeSH
Market value$46.91M
7.25%
Sole
96.58K
Shared
0.00
None
0.00
EXXON MOBIL
SOLEShares418.27K
TypeSH
Market value$45.09M
6.97%
Sole
418.27K
Shared
0.00
None
0.00
NEWMONT GOLDCORP
SOLEShares678.57K
TypeSH
Market value$39.53M
6.11%
Sole
678.57K
Shared
0.00
None
0.00
TECK RESOURCES LTD CL B
SOLEShares949.52K
TypeSH
Market value$38.34M
5.93%
Sole
949.52K
Shared
0.00
None
0.00
AGNICO EAGLE MINES LTD
SOLEShares302.92K
TypeSH
Market value$36.03M
5.57%
Sole
302.92K
Shared
0.00
None
0.00
CHEVRON
SOLEShares231.30K
TypeSH
Market value$33.12M
5.12%
Sole
231.30K
Shared
0.00
None
0.00
DOLLAR GENERAL CORP
SOLEShares281.96K
TypeSH
Market value$32.25M
4.99%
Sole
281.96K
Shared
0.00
None
0.00
VERIZON COMMUNICATIONS INC COM
SOLEShares616.37K
TypeSH
Market value$26.67M
4.12%
Sole
616.37K
Shared
0.00
None
0.00
CONOCOPHILLIPS
SOLEShares282.84K
TypeSH
Market value$25.38M
3.93%
Sole
282.84K
Shared
0.00
None
0.00
MOSAIC
SOLEShares640.33K
TypeSH
Market value$23.36M
3.61%
Sole
640.33K
Shared
0.00
None
0.00
PFIZER INC COM
SOLEShares892.77K
TypeSH
Market value$21.64M
3.35%
Sole
892.77K
Shared
0.00
None
0.00
CAMECO CORP
SOLEShares261.26K
TypeSH
Market value$19.39M
3.00%
Sole
261.26K
Shared
0.00
None
0.00
FEDERATED HERMES, INC
SOLEShares398.51K
TypeSH
Market value$17.66M
2.73%
Sole
398.51K
Shared
0.00
None
0.00
AMBEV SA SPON ADR
SOLEShares6.83M
TypeSH
Market value$16.45M
2.54%
Sole
6.83M
Shared
0.00
None
0.00
MERCK AND CO. INC.
SOLEShares188.55K
TypeSH
Market value$14.93M
2.31%
Sole
188.55K
Shared
0.00
None
0.00
FRANKLIN RESOURCES INC COM
SOLEShares581.33K
TypeSH
Market value$13.86M
2.14%
Sole
581.33K
Shared
0.00
None
0.00
SANOFI
SOLEShares257.87K
TypeSH
Market value$12.46M
1.93%
Sole
257.87K
Shared
0.00
None
0.00
BARRICK GOLD CORP
SOLEShares595.73K
TypeSH
Market value$12.40M
1.92%
Sole
595.73K
Shared
0.00
None
0.00
GILEAD SCIENCES INC
SOLEShares109.11K
TypeSH
Market value$12.10M
1.87%
Sole
109.11K
Shared
0.00
None
0.00
INTEL CORP.
SOLEShares525.22K
TypeSH
Market value$11.76M
1.82%
Sole
525.22K
Shared
0.00
None
0.00
LOEWS
SOLEShares127.40K
TypeSH
Market value$11.68M
1.81%
Sole
127.40K
Shared
0.00
None
0.00
NUTRIEN LTD
SOLEShares170.45K
TypeSH
Market value$9.93M
1.54%
Sole
170.45K
Shared
0.00
None
0.00
CISCO SYSTEMS
SOLEShares138.43K
TypeSH
Market value$9.60M
1.49%
Sole
138.43K
Shared
0.00
None
0.00
FREEPORT-MCMORAN INC.
SOLEShares220.76K
TypeSH
Market value$9.57M
1.48%
Sole
220.76K
Shared
0.00
None
0.00
HP INC
SOLEShares373.42K
TypeSH
Market value$9.13M
1.41%
Sole
373.42K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
BERKSHIRE HATHAWAY CL BSOLE | COM | 96.58K | SH | $46.91M 7.25% | 96.58K | 0.00 | 0.00 |
EXXON MOBILSOLE | COM | 418.27K | SH | $45.09M 6.97% | 418.27K | 0.00 | 0.00 |
NEWMONT GOLDCORPSOLE | COM | 678.57K | SH | $39.53M 6.11% | 678.57K | 0.00 | 0.00 |
TECK RESOURCES LTD CL BSOLE | COM | 949.52K | SH | $38.34M 5.93% | 949.52K | 0.00 | 0.00 |
AGNICO EAGLE MINES LTDSOLE | COM | 302.92K | SH | $36.03M 5.57% | 302.92K | 0.00 | 0.00 |
CHEVRONSOLE | COM | 231.30K | SH | $33.12M 5.12% | 231.30K | 0.00 | 0.00 |
DOLLAR GENERAL CORPSOLE | COM | 281.96K | SH | $32.25M 4.99% | 281.96K | 0.00 | 0.00 |
VERIZON COMMUNICATIONS INC COMSOLE | COM | 616.37K | SH | $26.67M 4.12% | 616.37K | 0.00 | 0.00 |
CONOCOPHILLIPSSOLE | COM | 282.84K | SH | $25.38M 3.93% | 282.84K | 0.00 | 0.00 |
MOSAICSOLE | COM | 640.33K | SH | $23.36M 3.61% | 640.33K | 0.00 | 0.00 |
PFIZER INC COMSOLE | COM | 892.77K | SH | $21.64M 3.35% | 892.77K | 0.00 | 0.00 |
CAMECO CORPSOLE | COM | 261.26K | SH | $19.39M 3.00% | 261.26K | 0.00 | 0.00 |
FEDERATED HERMES, INCSOLE | COM | 398.51K | SH | $17.66M 2.73% | 398.51K | 0.00 | 0.00 |
AMBEV SA SPON ADRSOLE | COM | 6.83M | SH | $16.45M 2.54% | 6.83M | 0.00 | 0.00 |
MERCK AND CO. INC.SOLE | COM | 188.55K | SH | $14.93M 2.31% | 188.55K | 0.00 | 0.00 |
FRANKLIN RESOURCES INC COMSOLE | COM | 581.33K | SH | $13.86M 2.14% | 581.33K | 0.00 | 0.00 |
SANOFISOLE | COM | 257.87K | SH | $12.46M 1.93% | 257.87K | 0.00 | 0.00 |
BARRICK GOLD CORPSOLE | COM | 595.73K | SH | $12.40M 1.92% | 595.73K | 0.00 | 0.00 |
GILEAD SCIENCES INCSOLE | COM | 109.11K | SH | $12.10M 1.87% | 109.11K | 0.00 | 0.00 |
INTEL CORP.SOLE | COM | 525.22K | SH | $11.76M 1.82% | 525.22K | 0.00 | 0.00 |
LOEWSSOLE | COM | 127.40K | SH | $11.68M 1.81% | 127.40K | 0.00 | 0.00 |
NUTRIEN LTDSOLE | COM | 170.45K | SH | $9.93M 1.54% | 170.45K | 0.00 | 0.00 |
CISCO SYSTEMSSOLE | COM | 138.43K | SH | $9.60M 1.49% | 138.43K | 0.00 | 0.00 |
FREEPORT-MCMORAN INC.SOLE | COM | 220.76K | SH | $9.57M 1.48% | 220.76K | 0.00 | 0.00 |
HP INCSOLE | COM | 373.42K | SH | $9.13M 1.41% | 373.42K | 0.00 | 0.00 |
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