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Portfolio (Quarterly) Guide ↗

FOUNDATION RESOURCE MANAGEMENT INC

· CIK 0001179232
13F Portfolio $860M AUM 56 positions Filed Jul 21, 2026 EDGAR ↗ ← All Funds
Q2 2026 Q1 2026 · All 3 New 18 Added 13 Reduced 2 Exited
Page 2 of 3  ·  56 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 LKQ LKQ CORP Consumer Cyclical 603,424.0 $15.9M 1.85% +6K +1.0% $26.33 -2.1%
22 PBT PERMIAN BASIN ROYALTY TRUST Energy 626,331.0 $15.7M 1.82% -4K -0.6% $25.04 +36.9%
23 MOSAIC 694,864.0 $14.7M 1.71% +11K +1.6% $21.19
24 BARRICK GOLD CORP 386,565.0 $14.2M 1.65% $36.73
25 L LOEWS Financial Services 125,360.0 $14.2M 1.65% -2K -1.8% $113.21 -3.0%
26 FREEPORT-MCMORAN INC. 206,120.0 $13.0M 1.51% -4K -1.7% $62.89
27 GILD GILEAD SCIENCES INC Healthcare 102,147.0 $12.9M 1.50% -850.0 -0.8% $126.34 +15.7%
28 BUILDERS FIRSTSOURCE INC 142,094.0 $12.7M 1.48% NEW $89.48
29 CVE CENOVUS ENERGY, INC. Energy 507,297.0 $12.6M 1.46% $24.81 +32.7%
30 TSAKOS ENERGY NAVIGATION LTD 336,441.0 $11.9M 1.38% -6K -1.9% $35.37
31 NUTRIEN LTD 187,442.0 $11.8M 1.37% +1K +0.6% $62.95
32 SANOFI 274,452.0 $11.7M 1.36% $42.66
33 PSX PHILLIPS 66 Energy 61,342.0 $10.4M 1.21% -471.0 -0.8% $169.05 +43.7%
34 BMY BRISTOL MYERS SQUIBB Healthcare 171,716.0 $9.9M 1.15% +6K +3.5% $57.62 +16.3%
35 TRC TEJON RANCH CO Industrials 514,024.0 $9.6M 1.12% $18.70 -12.1%
36 APA APACHE CORP Energy 262,921.0 $8.6M 1.00% +2K +0.9% $32.57 +33.2%
37 NVO NOVO-NORDISK ADR Healthcare 177,838.0 $8.5M 0.99% +4K +2.1% $47.94 -2.5%
38 CPB CAMPBELL SOUP CO Consumer Defensive 363,960.0 $8.1M 0.94% +7K +2.1% $22.27 +7.5%
39 KHC KRAFT HEINZ COMPANY Consumer Defensive 326,800.0 $7.7M 0.90% +3K +0.9% $23.62 +8.3%
40 CNH INDUSTRIAL NV 684,335.0 $7.7M 0.89% $11.23
Page 2 of 3  ·  56 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Basic Materials 23.7%
Energy 16.4%
Healthcare 15.0%
Consumer Defensive 13.6%
Communication Services 8.2%
Technology 8.1%
Financial Services 6.4%
Industrials 5.6%
Consumer Cyclical 3.0%