13F HOLDINGS REPORT
FOUNDATION RESOURCE MANAGEMENT INC
Quarter ended Q2 2025 · Filed July 14, 2025 · Accession 0001179232-25-000003
Total Value
$646.7M
Positions
50
Other Managers
0
Confidential Omitted
No
Holdings (50)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | BERKSHIRE HATHAWAY CL B | BRK-A | 96,577 | $46.9M | 7.25% |
| 2 | EXXON MOBIL | XOM | 418,272 | $45.1M | 6.97% |
| 3 | NEWMONT GOLDCORP | NEMCL | 678,565 | $39.5M | 6.11% |
| 4 | TECK RESOURCES LTD CL B | TCKRF | 949,523 | $38.3M | 5.93% |
| 5 | AGNICO EAGLE MINES LTD | AEM | 302,923 | $36.0M | 5.57% |
| 6 | CHEVRON | CVX | 231,303 | $33.1M | 5.12% |
| 7 | DOLLAR GENERAL CORP | 256677105 | 281,960 | $32.3M | 4.99% |
| 8 | VERIZON COMMUNICATIONS INC COM | VZ | 616,370 | $26.7M | 4.12% |
| 9 | CONOCOPHILLIPS | COP | 282,836 | $25.4M | 3.93% |
| 10 | MOSAIC | MOS | 640,328 | $23.4M | 3.61% |
| 11 | PFIZER INC COM | PFE | 892,774 | $21.6M | 3.35% |
| 12 | CAMECO CORP | CCJ | 261,264 | $19.4M | 3.00% |
| 13 | FEDERATED HERMES, INC | FHI | 398,513 | $17.7M | 2.73% |
| 14 | AMBEV SA SPON ADR | ABEV | 6,826,347 | $16.5M | 2.54% |
| 15 | MERCK AND CO. INC. | MRK | 188,552 | $14.9M | 2.31% |
| 16 | FRANKLIN RESOURCES INC COM | BEN | 581,327 | $13.9M | 2.14% |
| 17 | SANOFI | SNYNF | 257,870 | $12.5M | 1.93% |
| 18 | BARRICK GOLD CORP | B | 595,734 | $12.4M | 1.92% |
| 19 | GILEAD SCIENCES INC | GILD | 109,106 | $12.1M | 1.87% |
| 20 | INTEL CORP. | INTC | 525,219 | $11.8M | 1.82% |
| 21 | LOEWS | L | 127,396 | $11.7M | 1.81% |
| 22 | NUTRIEN LTD | NTR | 170,452 | $9.9M | 1.54% |
| 23 | CISCO SYSTEMS | CSCO | 138,431 | $9.6M | 1.49% |
| 24 | FREEPORT-MCMORAN INC. | FCX | 220,762 | $9.6M | 1.48% |
| 25 | HP INC | HPQ | 373,415 | $9.1M | 1.41% |
| 26 | CNH INDUSTRIAL NV | CNH | 633,405 | $8.2M | 1.27% |
| 27 | TEJON RANCH CO | TRC | 483,215 | $8.2M | 1.27% |
| 28 | KRAFT HEINZ COMPANY | KHC | 313,349 | $8.1M | 1.25% |
| 29 | PERMIAN BASIN ROYALTY TRUST | 714236106 | 643,257 | $8.0M | 1.24% |
| 30 | PHILLIPS 66 | PSX | 62,933 | $7.5M | 1.16% |
| 31 | COMCAST | CCZ | 208,053 | $7.4M | 1.15% |
| 32 | PARK AEROSPACE CORP | PKE | 491,897 | $7.3M | 1.12% |
| 33 | BRISTOL MYERS SQUIBB | CELG-RI | 153,014 | $7.1M | 1.10% |
| 34 | TSAKOS ENERGY NAVIGATION LTD | TEN-PF | 349,581 | $6.7M | 1.04% |
| 35 | CENOVUS ENERGY, INC. | CVE | 467,702 | $6.4M | 0.98% |
| 36 | APACHE CORP | APA | 220,040 | $4.0M | 0.62% |
| 37 | DEVON ENERGY | 25179m103 | 117,649 | $3.7M | 0.58% |
| 38 | OVINTIV INC | OVV | 90,399 | $3.4M | 0.53% |
| 39 | BERKSHIRE HATHAWAY HLD A | BRK-A | 4 | $2.9M | 0.45% |
| 40 | GRAFTECH INTERNATIONAL LTD | 384313508 | 1,672,332 | $1.6M | 0.25% |
| 41 | WAL-MART STORES | WMT | 16,547 | $1.6M | 0.25% |
| 42 | ALAMOS GOLD INC FCLASS A | AGI | 51,477 | $1.4M | 0.21% |
| 43 | MARATHON PETROLEUM CORP | MPC | 4,929 | $818,756 | 0.13% |
| 44 | THE TRAVELERS COS., INC. | TRV | 2,286 | $611,596 | 0.09% |
| 45 | CHUBB LTD INC | CB | 2,025 | $586,683 | 0.09% |
| 46 | IMPERIAL OIL LTD | IMO | 6,945 | $551,989 | 0.09% |
| 47 | TRANSOCEAN, LTD | RIG | 187,614 | $485,920 | 0.08% |
| 48 | INTERNATIONAL BUSINESS MACHINE | INTR | 1,399 | $412,397 | 0.06% |
| 49 | RAYTHEON TECHNOLOGIES | RTX | 1,749 | $255,389 | 0.04% |
| 50 | SAN JUAN BASIN ROYALTY TRUST | 798241105 | 14,565 | $87,099 | 0.01% |