Foundation Resource Management Inc

13F filer · CIK 0001179232

Reported Jul 21, 2026

Net seller this quarter

13F portfolio value$860MU.S. long equity reported on 13F

Positions562 new · 1 closed

Net flow last quarter-$22.6MBuys minus sells

Top 10 positions weight45.2%Concentration

Holdings

13F · last 4 quarters free

Scroll for earlier quarters

Company	Value	% of portfolio	% of company	POSITION CHANGE qoq %	First reported
Q2 2026Reported Jul 21, 202656 positions
XOMExxonMobil Holdings Corp	$57.5M	6.69%	0.01%	-0.2%	Q2 2013
TECKTeck Resources Ltd	$52.9M	6.15%	Not reported	-2.6%	Q2 2013
BRK.BBerkshire Hathaway Inc	$47.7M	5.55%	Not reported	-1.6%	Q2 2013
NEMNEWMONT Corp	$46.7M	5.43%	0.05%	-0.2%	Q2 2013
CVXChevron Corp	$39.2M	4.56%	0.01%	+0.2%	Q2 2013
DGDollar General Corp	$33M	3.83%	0.13%	+1.0%	Q3 2024
COPConocophillips	$29.8M	3.47%	0.02%	-0.2%	Q2 2013
ADBEAdobe Inc.	$27.5M	3.19%	0.03%	+70.8%	Q1 2026
AEMAgnico Eagle Mines Ltd	$27.3M	3.17%	0.04%	-0.2%	Q4 2021
VZVerizon Communications Inc	$27.3M	3.17%	0.02%	+0.3%	Q4 2013
MRKMerck & Co., Inc.	$26M	3.03%	0.01%	+0.2%	Q2 2013
HPQHP Inc	$24.3M	2.83%	0.12%	+0.1%	Q4 2015
PFEPfizer Inc	$22.5M	2.62%	0.02%	+0.4%	Q2 2013
ABEVAmbev S.A.	$22.2M	2.59%	0.05%	-0.3%	Q2 2022
FHIFederated Hermes, Inc.	$21M	2.44%	Not reported	-1.8%	Q3 2018
DEODiageo PLC	$19.4M	2.26%	0.01%	+0.6%	Q4 2025
BENFranklin Resources Inc	$19.4M	2.26%	0.11%	-0.4%	Q2 2018
PKEPark Aerospace Corp	$19.2M	2.23%	2.41%	-0.7%	Q3 2023
INTCIntel Corp	$18.7M	2.17%	0.00%	-70.8%	Q4 2013
CMCSAComcast Corp	$16.8M	1.95%	0.02%	+1.6%	Q2 2025
LKQLKQ Corp	$15.9M	1.85%	0.24%	+1.0%	Q3 2025
PBTPermian Basin Royalty Trust	$15.7M	1.82%	Not reported	-0.6%	Q2 2013
MOSMosaic Co	$14.7M	1.71%	0.22%	+1.6%	Q3 2016
BBarrick Mining Corp	$14.2M	1.65%	0.02%	-0.1%	Q2 2025
LLoews Corp	$14.2M	1.65%	0.06%	-1.8%	Q2 2013
FCXFreeport-Mcmoran Inc	$13M	1.51%	0.01%	-1.7%	Q2 2013
GILDGilead Sciences, Inc.	$12.9M	1.50%	0.01%	-0.8%	Q2 2017
BLDRBuilders FirstSource, Inc.	$12.7M	1.48%	0.13%	New	Q2 2026
CVECenovus Energy Inc.	$12.6M	1.46%	0.03%	+0.3%	Q2 2013
TENTsakos Energy Navigation Ltd	$11.9M	1.38%	1.12%	-1.9%	Q3 2020
NTRNutrien Ltd.	$11.8M	1.37%	0.03%	+0.6%	Q4 2024
SNYSanofi	$11.7M	1.36%	0.02%	+0.5%	Q2 2013
PSXPhillips 66	$10.4M	1.21%	0.02%	-0.8%	Q2 2013
BMYBristol Myers Squibb Co	$9.89M	1.15%	0.01%	+3.5%	Q4 2013
TRCTejon Ranch Co	$9.61M	1.12%	1.90%	+0.3%	Q3 2014
APAAPA Corp	$8.56M	1.00%	0.07%	+0.9%	Q1 2021
NVONovo Nordisk A S	$8.53M	0.99%	Not reported	+2.1%	Q3 2025
CPBCAMPBELL'S Co	$8.11M	0.94%	0.12%	+2.1%	Q1 2026
KHCKraft Heinz Co	$7.72M	0.90%	0.03%	+0.9%	Q1 2020
CNHCNH Industrial N.V.	$7.69M	0.89%	0.06%	0.0%	Q4 2023
DVNDevon Energy Corp	$6.28M	0.73%	0.02%	+2.9%	Q2 2013
CCJCameco Corp	$5.66M	0.66%	0.01%	-0.8%	Q3 2016
OVVOvintiv Inc.	$5.48M	0.64%	0.04%	+0.6%	Q1 2020
BRK.ABerkshire Hathaway Inc	$3.74M	0.44%	Not reported	Not reported	Q2 2013
WMTWalmart Inc.	$2.04M	0.24%	0.00%	+3.2%	Q2 2013
MPCMarathon Petroleum Corp	$1.26M	0.15%	0.00%	Not reported	Q2 2013
RIGTransocean Ltd.	$828K	0.10%	0.02%	Not reported	Q2 2013
IMOImperial Oil Ltd	$778K	0.09%	0.00%	Not reported	Q2 2013
TRVTravelers Companies, Inc.	$764K	0.09%	0.00%	Not reported	Q2 2013
CBChubb Ltd	$725K	0.08%	0.00%	Not reported	Q2 2016

Q1 2026Reported Apr 21, 202655 positions
XOMExxonMobil Holdings Corp	$71.6M	8.06%	0.01%	-0.1%	Q2 2013
NEMNEWMONT Corp	$54.2M	6.10%	0.05%	-12.4%	Q2 2013
CVXChevron Corp	$48.8M	5.49%	0.01%	+1.1%	Q2 2013
TECKTeck Resources Ltd	$47.3M	5.32%	Not reported	-0.8%	Q2 2013
BRK.BBerkshire Hathaway Inc	$46.5M	5.23%	Not reported	+0.5%	Q2 2013
COPConocophillips	$37.9M	4.27%	0.02%	+0.6%	Q2 2013
AEMAgnico Eagle Mines Ltd	$35.8M	4.03%	0.04%	-16.7%	Q4 2021
DGDollar General Corp	$33.7M	3.79%	0.13%	-0.5%	Q3 2024
VZVerizon Communications Inc	$32.2M	3.63%	0.02%	+2.6%	Q4 2013
PFEPfizer Inc	$26.2M	2.95%	0.02%	+3.6%	Q2 2013
MRKMerck & Co., Inc.	$24.3M	2.74%	0.01%	+4.7%	Q2 2013
FHIFederated Hermes, Inc.	$21.9M	2.47%	Not reported	-2.3%	Q3 2018
HPQHP Inc	$21.3M	2.39%	0.12%	+195.4%	Q4 2015
ABEVAmbev S.A.	$20.8M	2.34%	0.05%	+2.4%	Q2 2022
INTCIntel Corp	$20.2M	2.28%	0.01%	-8.8%	Q4 2013
CMCSAComcast Corp	$19.3M	2.17%	0.02%	+7.3%	Q2 2025
ADBEAdobe Inc.	$19.1M	2.15%	0.02%	New	Q1 2026
DEODiageo PLC	$17.9M	2.01%	0.01%	+126.9%	Q4 2025
LKQLKQ Corp	$17.6M	1.98%	0.23%	+2.6%	Q3 2025
MOSMosaic Co	$17.4M	1.96%	0.22%	+5.0%	Q3 2016
BBarrick Mining Corp	$15.8M	1.78%	0.02%	-35.2%	Q2 2025
GILDGilead Sciences, Inc.	$14.4M	1.62%	0.01%	-5.1%	Q2 2017
NTRNutrien Ltd.	$14.1M	1.58%	0.03%	+7.8%	Q4 2024
PKEPark Aerospace Corp	$13.9M	1.56%	2.54%	+0.5%	Q3 2023
BENFranklin Resources Inc	$13.8M	1.56%	0.11%	-0.7%	Q2 2018
LLoews Corp	$13.6M	1.53%	0.06%	+0.8%	Q2 2013
PBTPermian Basin Royalty Trust	$13.6M	1.53%	Not reported	-1.9%	Q2 2013
TENTsakos Energy Navigation Ltd	$13.5M	1.52%	1.14%	-1.7%	Q3 2020
CVECenovus Energy Inc.	$13.4M	1.51%	0.03%	+5.0%	Q2 2013
SNYSanofi	$13.2M	1.48%	0.02%	+4.8%	Q2 2013
FCXFreeport-Mcmoran Inc	$12.3M	1.39%	0.01%	-5.2%	Q2 2013
PSXPhillips 66	$11.3M	1.27%	0.02%	-1.6%	Q2 2013
APAAPA Corp	$11.1M	1.24%	0.07%	+6.7%	Q1 2021
BMYBristol Myers Squibb Co	$10.1M	1.13%	0.01%	+6.4%	Q4 2013
TRCTejon Ranch Co	$9.65M	1.09%	1.90%	+3.5%	Q3 2014
CPBCAMPBELL'S Co	$7.94M	0.89%	0.12%	New	Q1 2026
CNHCNH Industrial N.V.	$7.53M	0.85%	0.06%	+6.0%	Q4 2023
DVNDevon Energy Corp	$7.44M	0.84%	0.02%	+15.6%	Q2 2013
KHCKraft Heinz Co	$7.29M	0.82%	0.03%	+3.9%	Q1 2020
NVONovo Nordisk A S	$6.4M	0.72%	Not reported	+3.2%	Q3 2025
OVVOvintiv Inc.	$6.14M	0.69%	0.04%	+9.8%	Q1 2020
CCJCameco Corp	$6.08M	0.68%	0.01%	-1.7%	Q3 2016
BRK.ABerkshire Hathaway Inc	$3.59M	0.40%	Not reported	Not reported	Q2 2013
WMTWalmart Inc.	$2.18M	0.24%	0.00%	Not reported	Q2 2013
MPCMarathon Petroleum Corp	$1.2M	0.14%	0.00%	Not reported	Q2 2013
RIGTransocean Ltd.	$1.12M	0.13%	0.02%	-8.4%	Q2 2013
IMOImperial Oil Ltd	$909K	0.10%	0.00%	Not reported	Q2 2013
EAFGraftech International Ltd	$726K	0.08%	0.41%	-6.9%	Q3 2021
CBChubb Ltd	$694K	0.08%	0.00%	Not reported	Q2 2016
TRVTravelers Companies, Inc.	$675K	0.08%	0.00%	Not reported	Q2 2013

Q4 2025Reported Jan 22, 202652 positions
NEMNEWMONT Corp	$57.1M	7.64%	0.05%	-0.2%	Q2 2013
XOMExxonMobil Holdings Corp	$50.8M	6.80%	0.01%	+0.4%	Q2 2013
BRK.BBerkshire Hathaway Inc	$48.5M	6.49%	Not reported	-0.1%	Q2 2013
TECKTeck Resources Ltd	$44.1M	5.90%	Not reported	-3.3%	Q2 2013
DGDollar General Corp	$37.8M	5.06%	0.13%	+0.5%	Q3 2024
AEMAgnico Eagle Mines Ltd	$35.9M	4.80%	0.04%	-0.2%	Q4 2021
CVXChevron Corp	$35.6M	4.76%	0.01%	+0.2%	Q2 2013
COPConocophillips	$26.7M	3.58%	0.02%	+0.4%	Q2 2013
BBarrick Mining Corp	$26M	3.48%	0.04%	-0.2%	Q2 2025
VZVerizon Communications Inc	$25.5M	3.41%	0.01%	+0.5%	Q4 2013
PFEPfizer Inc	$22.4M	3.00%	0.02%	-0.3%	Q2 2013
FHIFederated Hermes, Inc.	$20.6M	2.76%	Not reported	-0.2%	Q3 2018
MRKMerck & Co., Inc.	$20.3M	2.72%	0.01%	+1.2%	Q2 2013
CMCSAComcast Corp	$18.7M	2.50%	0.02%	+197.0%	Q2 2025
INTCIntel Corp	$18.5M	2.48%	0.01%	-5.6%	Q4 2013
LKQLKQ Corp	$17.6M	2.35%	0.23%	+0.4%	Q3 2025
ABEVAmbev S.A.	$17.1M	2.29%	0.04%	+0.8%	Q2 2022
MOSMosaic Co	$15.7M	2.10%	0.21%	+1.3%	Q3 2016
BENFranklin Resources Inc	$14.1M	1.89%	0.11%	+0.8%	Q2 2018
LLoews Corp	$13.3M	1.78%	0.06%	+0.2%	Q2 2013
GILDGilead Sciences, Inc.	$13.3M	1.78%	0.01%	-0.5%	Q2 2017
SNYSanofi	$12.6M	1.69%	0.02%	+1.0%	Q2 2013
FCXFreeport-Mcmoran Inc	$11.2M	1.50%	0.02%	-0.3%	Q2 2013
PBTPermian Basin Royalty Trust	$10.9M	1.46%	Not reported	Not reported	Q2 2013
PKEPark Aerospace Corp	$10.7M	1.44%	2.53%	+0.6%	Q3 2023
NTRNutrien Ltd.	$10.7M	1.43%	0.03%	+1.2%	Q4 2024
DEODiageo PLC	$9.13M	1.22%	0.00%	New	Q4 2025
NVONovo Nordisk A S	$8.59M	1.15%	Not reported	+0.6%	Q3 2025
BMYBristol Myers Squibb Co	$8.41M	1.12%	0.01%	+1.2%	Q4 2013
HPQHP Inc	$8.35M	1.12%	0.04%	-0.1%	Q4 2015
CVECenovus Energy Inc.	$8.14M	1.09%	0.03%	+1.6%	Q2 2013
PSXPhillips 66	$8.1M	1.08%	0.02%	-0.1%	Q2 2013
TENTsakos Energy Navigation Ltd	$7.82M	1.05%	1.16%	-0.9%	Q3 2020
TRCTejon Ranch Co	$7.8M	1.04%	1.84%	+2.0%	Q3 2014
KHCKraft Heinz Co	$7.56M	1.01%	0.03%	-0.2%	Q1 2020
APAAPA Corp	$5.97M	0.80%	0.07%	+6.4%	Q1 2021
CNHCNH Industrial N.V.	$5.95M	0.80%	0.05%	+1.3%	Q4 2023
CCJCameco Corp	$5.22M	0.70%	0.01%	-0.1%	Q3 2016
DVNDevon Energy Corp	$4.68M	0.63%	0.02%	+5.1%	Q2 2013
BRK.ABerkshire Hathaway Inc	$3.77M	0.50%	Not reported	Not reported	Q2 2013
OVVOvintiv Inc.	$3.69M	0.49%	0.04%	+3.0%	Q1 2020
WMTWalmart Inc.	$1.95M	0.26%	0.00%	Not reported	Q2 2013
EAFGraftech International Ltd	$1.78M	0.24%	0.45%	-33.4%	Q3 2021
MPCMarathon Petroleum Corp	$802K	0.11%	0.00%	Not reported	Q2 2013
RIGTransocean Ltd.	$764K	0.10%	0.02%	-2.6%	Q2 2013
TRVTravelers Companies, Inc.	$671K	0.09%	0.00%	Not reported	Q2 2013
CBChubb Ltd	$665K	0.09%	0.00%	Not reported	Q2 2016
IMOImperial Oil Ltd	$599K	0.08%	0.00%	Not reported	Q2 2013
IBMInternational Business Machines Corp	$414K	0.06%	0.00%	Not reported	Q2 2013
RTXRTX Corp	$321K	0.04%	0.00%	Not reported	Q3 2024

Q3 2025Reported Oct 14, 202551 positions
BRK.BBerkshire Hathaway Inc	$48.6M	6.98%	Not reported	0.0%	Q2 2013
NEMNEWMONT Corp	$48.3M	6.94%	0.05%	-15.6%	Q2 2013
XOMExxonMobil Holdings Corp	$47.4M	6.81%	0.01%	+0.6%	Q2 2013
TECKTeck Resources Ltd	$41.8M	6.00%	Not reported	+0.3%	Q2 2013
CVXChevron Corp	$36.2M	5.20%	0.01%	+0.7%	Q2 2013
AEMAgnico Eagle Mines Ltd	$35.7M	5.14%	0.04%	-30.0%	Q4 2021
DGDollar General Corp	$29.3M	4.21%	0.13%	+0.6%	Q3 2024
VZVerizon Communications Inc	$27.4M	3.93%	0.01%	+1.0%	Q4 2013
COPConocophillips	$26.9M	3.87%	0.02%	+0.6%	Q2 2013
PFEPfizer Inc	$23M	3.31%	0.02%	+1.2%	Q2 2013
MOSMosaic Co	$22.3M	3.20%	0.20%	+0.4%	Q3 2016
FHIFederated Hermes, Inc.	$20.6M	2.96%	Not reported	-0.4%	Q3 2018
BBarrick Mining Corp	$19.6M	2.82%	0.03%	+0.4%	Q2 2025
INTCIntel Corp	$17.9M	2.57%	0.01%	+1.4%	Q4 2013
LKQLKQ Corp	$17.7M	2.55%	0.23%	New	Q3 2025
MRKMerck & Co., Inc.	$16M	2.30%	0.01%	+1.2%	Q2 2013
ABEVAmbev S.A.	$15.4M	2.21%	0.04%	+0.8%	Q2 2022
BENFranklin Resources Inc	$13.5M	1.94%	0.11%	+0.7%	Q2 2018
LLoews Corp	$12.7M	1.82%	0.06%	-0.8%	Q2 2013
SNYSanofi	$12.2M	1.75%	0.02%	+0.1%	Q2 2013
GILDGilead Sciences, Inc.	$12.1M	1.74%	0.01%	-0.1%	Q2 2017
PBTPermian Basin Royalty Trust	$11.7M	1.68%	Not reported	-0.1%	Q2 2013
HPQHP Inc	$10.2M	1.47%	0.04%	+0.5%	Q4 2015
PKEPark Aerospace Corp	$10.2M	1.46%	2.52%	+1.8%	Q3 2023
NTRNutrien Ltd.	$10M	1.44%	0.03%	+0.2%	Q4 2024
NVONovo Nordisk A S	$9.31M	1.34%	Not reported	New	Q3 2025
FCXFreeport-Mcmoran Inc	$8.7M	1.25%	0.02%	+0.5%	Q2 2013
PSXPhillips 66	$8.55M	1.23%	0.02%	-0.1%	Q2 2013
KHCKraft Heinz Co	$8.14M	1.17%	0.03%	-0.3%	Q1 2020
CVECenovus Energy Inc.	$8.05M	1.16%	0.03%	+1.4%	Q2 2013
TENTsakos Energy Navigation Ltd	$7.82M	1.12%	1.17%	+0.7%	Q3 2020
TRCTejon Ranch Co	$7.75M	1.11%	1.80%	+0.4%	Q3 2014
BMYBristol Myers Squibb Co	$6.95M	1.00%	0.01%	+0.7%	Q4 2013
CNHCNH Industrial N.V.	$6.91M	0.99%	0.05%	+0.6%	Q4 2023
CMCSAComcast Corp	$6.62M	0.95%	0.01%	+1.3%	Q2 2025
APAAPA Corp	$5.57M	0.80%	0.06%	+4.3%	Q1 2021
CCJCameco Corp	$4.79M	0.69%	0.01%	-78.2%	Q3 2016
DVNDevon Energy Corp	$4.26M	0.61%	0.02%	+3.4%	Q2 2013
BRK.ABerkshire Hathaway Inc	$3.77M	0.54%	Not reported	+25.0%	Q2 2013
OVVOvintiv Inc.	$3.7M	0.53%	0.04%	+1.2%	Q1 2020
EAFGraftech International Ltd	$2.21M	0.32%	0.67%	+3.2%	Q3 2021
WMTWalmart Inc.	$1.8M	0.26%	0.00%	+5.8%	Q2 2013
MPCMarathon Petroleum Corp	$950K	0.14%	0.00%	Not reported	Q2 2013
TRVTravelers Companies, Inc.	$646K	0.09%	0.00%	+1.3%	Q2 2013
IMOImperial Oil Ltd	$630K	0.09%	0.00%	Not reported	Q2 2013
CBChubb Ltd	$601K	0.09%	0.00%	+5.1%	Q2 2016
RIGTransocean Ltd.	$592K	0.09%	0.02%	+1.2%	Q2 2013
IBMInternational Business Machines Corp	$395K	0.06%	0.00%	Not reported	Q2 2013
RTXRTX Corp	$293K	0.04%	0.00%	Not reported	Q3 2024
JNJJohnson & Johnson	$205K	0.03%	0.00%	Not reported	Q2 2013

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