Latest FOUNDATION RESOURCE MANAGEMENT INC Stock Portfolio

FOUNDATION RESOURCE MANAGEMENT INC Performance:

2026 Q1: 12.72%YTD: 12.72%2025: 26.42%

Performance for 2026 Q1 is 12.72%, and YTD is 12.72%, and 2025 is 26.42%.

About FOUNDATION RESOURCE MANAGEMENT INC and 13F Hedge Fund Stock Holdings

On 2026-04-21, the fund reported it's updated stock portfolio. In the 13F Holdings report, FOUNDATION RESOURCE MANAGEMENT INC reported an equity portfolio of $888.5 Millions as of 31 Mar, 2026.

The top stock holdings of FOUNDATION RESOURCE MANAGEMENT INC are XOM, NEM, CVX. The fund has invested 8.1% of it's portfolio in EXXON MOBIL and 6.1% of portfolio in NEWMONT GOLDCORP.

They significantly reduced their stock positions in BARRICK GOLD CORP, AGNICO EAGLE MINES LTD (AEM) and NEWMONT GOLDCORP (NEM). FOUNDATION RESOURCE MANAGEMENT INC opened new stock positions in ADOBE SYS DEL PV$ 0.001 (ADBE), CAMPBELL SOUP CO (CPB) and MURPHY OIL CORP (MUR). The fund showed a lot of confidence in some stocks as they added substantially to HP INC (HPQ), DIAGEO PLC NEW (DEO) and DEVON ENERGY (DVN).

FOUNDATION RESOURCE MANAGEMENT INC Annual Return Estimates Vs S&P 500

Our best estimate is that FOUNDATION RESOURCE MANAGEMENT INC made a return of 12.72% in the last quarter. In trailing 12 months, it's portfolio return was 33.16%.

Performance
S&P 500

New Buys

Ticker	$ Bought
adobe sys del pv$ 0.001	19,068,400
campbell soup co	7,941,480
murphy oil corp	249,562

New stocks bought by FOUNDATION RESOURCE MANAGEMENT INC

Additions

Ticker	% Inc.
hp inc	195
diageo plc new	126
devon energy	15.6
ovintiv inc	9.84
nutrien ltd	7.83
comcast	7.28
apache corp	6.68
bristol myers squibb	6.43

Additions to existing portfolio by FOUNDATION RESOURCE MANAGEMENT INC

Reductions

Ticker	% Reduced
barrick gold corp	-35.19
agnico eagle mines ltd	-16.68
newmont goldcorp	-12.42
intel corp.	-8.76
transocean, ltd	-8.42
graftech international ltd	-6.88
freeport-mcmoran inc.	-5.18
gilead sciences inc	-5.08

FOUNDATION RESOURCE MANAGEMENT INC reduced stake in above stock

Sold off

None of the stocks were completely sold off by FOUNDATION RESOURCE MANAGEMENT INC

Sector Distribution

FOUNDATION RESOURCE MANAGEMENT INC has about 32.3% of it's holdings in Others sector.

Sector	%
Others	32.3
Energy	22.2
Basic Materials	9.5
Healthcare	8.5
Technology	6.9
Financial Services	5.7
Consumer Defensive	5.7
Industrials	3.6
Communication Services	3.6
Consumer Cyclical	2

Market Cap. Distribution

FOUNDATION RESOURCE MANAGEMENT INC has about 56.2% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	33.7
UNALLOCATED	32.3
MEGA-CAP	22.5
MID-CAP	8.7
SMALL-CAP	2.6

Stocks belong to which Index?

About 65.7% of the stocks held by FOUNDATION RESOURCE MANAGEMENT INC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	62.9
Others	34.4
RUSSELL 2000	2.8

Top 5 Winners (%)		%
TNP	tsakos energy navigation ltd	75.3 %
APA	apache corp	69.6 %
RIG	transocean, ltd	58.0 %
CVE	cenovus energy, inc.	54.7 %
IMO	imperial oil ltd	51.6 %

Top 5 Winners ($)		$
XOM	exxon mobil	20.8 M
CVX	chevron	12.8 M
COP	conocophillips	11.0 M
AEM	agnico eagle mines ltd	6.5 M
VZ	verizon communications inc com	6.0 M

Top 5 Losers (%)		%
EAF	graftech international ltd	-54.4 %
NVO	novo-nordisk adr	-27.5 %
IBM	international business machine	-18.2 %
SJT	san juan basin royalty trust	-14.4 %
DG	dollar general corp	-10.6 %

Top 5 Losers ($)		$
DG	dollar general corp	-4.0 M
NVO	novo-nordisk adr	-2.4 M
HPQ	hp inc	-2.3 M
	berkshire hathaway cl b	-2.3 M
DEO	diageo plc new	-2.0 M

FOUNDATION RESOURCE MANAGEMENT INC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of FOUNDATION RESOURCE MANAGEMENT INC

FOUNDATION RESOURCE MANAGEMENT INC has 55 stocks in it's portfolio. About 48.9% of the portfolio is in top 10 stocks. DG proved to be the most loss making stock for the portfolio. XOM was the most profitable stock for FOUNDATION RESOURCE MANAGEMENT INC last quarter.

Last Reported on: 21 Apr, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ABEV	ambev sa spon adr	2.34	7,106,350	20,750,500	added	2.41

ADBE	adobe sys del pv$ 0.001	2.15	78,445	19,068,400	new

AEM	agnico eagle mines ltd	4.03	176,295	35,784,400	reduced	-16.68

APA	apache corp	1.25	260,559	11,058,100	added	6.68

BEN	franklin resources inc com	1.56	585,415	13,827,500	reduced	-0.74

BMY	bristol myers squibb	1.13	165,854	10,059,000	added	6.43

CB	chubb ltd inc	0.08	2,129	693,905	unchanged	0.00

CCJ	cameco corp	0.69	56,025	6,084,880	reduced	-1.71

CMCSA	comcast	2.17	671,474	19,278,000	added	7.28

CNHI	cnh industrial nv	0.85	684,337	7,527,710	added	6.03

COP	conocophillips	4.27	287,236	37,915,200	added	0.56

CPB	campbell soup co	0.89	356,600	7,941,480	new

CVE	cenovus energy, inc.	1.51	505,637	13,414,600	added	5.04

CVX	chevron	5.49	235,897	48,807,100	added	1.05

DEO	diageo plc new	2.01	240,164	17,880,200	added	126

DG	dollar general corp	3.79	283,418	33,650,200	reduced	-0.53

DVN	devon energy	0.84	147,762	7,435,380	added	15.6

EAF	graftech international ltd	0.08	107,137	726,390	reduced	-6.88

FCX	freeport-mcmoran inc.	1.39	209,763	12,329,900	reduced	-5.18

FHI	federated hermes, inc	2.47	386,986	21,946,000	reduced	-2.25