Foundation Resource Management
LITTLE ROCK, ARfiles as FOUNDATION RESOURCE MANAGEMENT INC
$860m in 56 US stocks at the end of 30 June 2026. The top 10 are 45.2% of the money. It changed about 14.2% of the portfolio this quarter.
Value
$860m
Stocks
56
Top 10 share
45.2%
Turnover
14.2%
What changed this quarter
New
Bought for the first time this quarter.
- ExxonMobil HoldingsXOM6.7% of the fund
- Builders FirstSourceBLDR1.5% of the fund
- Murphy USAMUSA<0.1% of the fund
Added
Bought more of a stock they already held.
- AdobeADBE3.2% of the fund+71%
- Bristol-Myers SquibbBMY1.2% of the fund+4%
- Novo Nordisk A SNVO1.0% of the fund+2%
- Campbell'sCPB0.9% of the fund+2%
- Devon EnergyDVN0.7% of the fund+3%
- WalmartWMT0.2% of the fund+3%
- International Business MachinesIBM<0.1% of the fund+11%
- RTXRTX<0.1% of the fund+21%
- Johnson & JohnsonJNJ<0.1% of the fund+10%
Cut
Sold some of their stake.
- Teck ResourcesTECK6.2% of the fund-3%
- IntelINTC2.2% of the fund-71%
Sold out
Sold their entire stake.
- ExxonMobil HoldingsXOM-100%
- Murphy OilMUR-100%
Holdings
- Teck ResourcesTECK
- Share
- 6.2%
- Value
- $53m
- Shares
- 889,933
-3%
- Agnico Eagle MinesAEM
- Share
- 3.2%
- Value
- $27m
- Shares
- 175,951
Held
- Ambev SAABEV
- Share
- 2.6%
- Value
- $22m
- Shares
- 7,085,184
Held
- Barrick MiningB
- Share
- 1.7%
- Value
- $14m
- Shares
- 386,565
Held
- Cenovus EnergyCVE
- Share
- 1.5%
- Value
- $13m
- Shares
- 507,297
Held
- NutrienNTR
- Share
- 1.4%
- Value
- $12m
- Shares
- 187,442
Held
- Sanofi SASNY
- Share
- 1.4%
- Value
- $12m
- Shares
- 274,452
Held
- CamecoCCJ
- Share
- 0.7%
- Value
- $6m
- Shares
- 55,568
Held
- Berkshire Hathaway INC DELBRK-A
- Share
- 0.4%
- Value
- $4m
- Shares
- 5
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| ExxonMobil HoldingsXOM | 6.7% | $58m | 420,834 | New |
| Teck ResourcesTECK | 6.2% | $53m | 889,933 | -3% |
| Berkshire HathawayBRK-B | 5.6% | $48m | 95,399 | Held |
| NewmontNEM | 5.4% | $47m | 499,595 | Held |
| ChevronCVX | 4.6% | $39m | 236,345 | Held |
| Dollar GeneralDG | 3.8% | $33m | 286,343 | Held |
| ConocoPhillipsCOP | 3.5% | $30m | 286,730 | Held |
| AdobeADBE | 3.2% | $27m | 133,964 | +71% |
| Agnico Eagle MinesAEM | 3.2% | $27m | 175,951 | Held |
| Verizon CommunicationsVZ | 3.2% | $27m | 644,119 | Held |
| MerckMRK | 3.0% | $26m | 202,690 | Held |
| HPHPQ | 2.8% | $24m | 1,108,598 | Held |
| PfizerPFE | 2.6% | $23m | 936,078 | Held |
| Ambev SAABEV | 2.6% | $22m | 7,085,184 | Held |
| Federated HermesFHI | 2.4% | $21m | 380,117 | Held |
| DiageoDEO | 2.3% | $19m | 241,589 | Held |
| Franklin TempletonBEN | 2.3% | $19m | 583,131 | Held |
| Park AerospacePKE | 2.2% | $19m | 502,684 | Held |
| IntelINTC | 2.2% | $19m | 133,779 | -71% |
| ComcastCMCSA | 1.9% | $17m | 682,420 | Held |
| LKQLKQ | 1.8% | $16m | 603,424 | Held |
| Permian Basin Royalty TrustPBT | 1.8% | $16m | 626,331 | Held |
| MosaicMOS | 1.7% | $15m | 694,864 | Held |
| Barrick MiningB | 1.7% | $14m | 386,565 | Held |
| LoewsL | 1.7% | $14m | 125,360 | Held |
| Freeport-McMoRanFCX | 1.5% | $13m | 206,120 | Held |
| Gilead SciencesGILD | 1.5% | $13m | 102,147 | Held |
| Builders FirstSourceBLDR | 1.5% | $13m | 142,094 | New |
| Cenovus EnergyCVE | 1.5% | $13m | 507,297 | Held |
| Tsakos Energy NavigationTEN | 1.4% | $12m | 336,441 | Held |
| NutrienNTR | 1.4% | $12m | 187,442 | Held |
| Sanofi SASNY | 1.4% | $12m | 274,452 | Held |
| Phillips 66PSX | 1.2% | $10m | 61,342 | Held |
| Bristol-Myers SquibbBMY | 1.2% | $10m | 171,716 | +4% |
| Tejon RanchTRC | 1.1% | $10m | 514,024 | Held |
| APAAPA | 1.0% | $9m | 262,921 | Held |
| Novo Nordisk A SNVO | 1.0% | $9m | 177,838 | +2% |
| Campbell'sCPB | 0.9% | $8m | 363,960 | +2% |
| Kraft HeinzKHC | 0.9% | $8m | 326,800 | Held |
| CNH IndustrialCNH | 0.9% | $8m | 684,335 | Held |
| Devon EnergyDVN | 0.7% | $6m | 152,079 | +3% |
| CamecoCCJ | 0.7% | $6m | 55,568 | Held |
| OvintivOVV | 0.6% | $5m | 104,143 | Held |
| Berkshire Hathaway INC DELBRK-A | 0.4% | $4m | 5 | Held |
| WalmartWMT | 0.2% | $2m | 18,055 | +3% |
| Marathon PetroleumMPC | 0.1% | $1m | 4,929 | Held |
| TransoceanRIG | <0.1% | $827,867 | 169,298 | Held |
| Imperial OilIMO | <0.1% | $777,979 | 6,945 | Held |
| Travelers CompaniesTRV | <0.1% | $764,228 | 2,315 | Held |
| ChubbCB | <0.1% | $725,435 | 2,129 | Held |
| Graftech InternationalEAF | <0.1% | $628,559 | 106,355 | Held |
| International Business MachinesIBM | <0.1% | $438,406 | 1,559 | +11% |
| RTXRTX | <0.1% | $399,948 | 2,108 | +21% |
| Johnson & JohnsonJNJ | <0.1% | $308,563 | 1,215 | +10% |
| Murphy USAMUSA | <0.1% | $202,076 | 375 | New |
| SAN Juan Basin Royalty TrustSJT | <0.1% | $46,754 | 14,565 | Held |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 33.0% since 30 June 2025.
Where the money is
Materials21.7%
Energy20.1%
Financial services13.9%
Health care9.3%
Technology8.3%
Everyday goods8.2%
Industrials6.4%
Media & telecom5.1%
Retail & consumer1.5%
Real estate1.1%
Other4.4%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.