Latest FOUNDATION RESOURCE MANAGEMENT INC Stock Portfolio
FOUNDATION RESOURCE MANAGEMENT INC Performance:
2024 Q3: 0.54%YTD: -1.67%2023: -6.11%
Performance for 2024 Q3 is 0.54%, and YTD is -1.67%, and 2023 is -6.11%.
About FOUNDATION RESOURCE MANAGEMENT INC and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, FOUNDATION RESOURCE MANAGEMENT INC reported an equity portfolio of $646.9 Millions as of 30 Sep, 2024.
The top stock holdings of FOUNDATION RESOURCE MANAGEMENT INC are , XOM, . The fund has invested 8.2% of it's portfolio in TECK RESOURCES LTD CL B and 7.9% of portfolio in EXXON MOBIL.
The fund managers got completely rid off ABBVIE INC (ABBV) and CORNING (GLW) stocks. They significantly reduced their stock positions in SAN JUAN BASIN ROYALTY TRUST (SJT), FREEPORT-MCMORAN INC. (FCX) and LOEWS (L). FOUNDATION RESOURCE MANAGEMENT INC opened new stock positions in DOLLAR GENERAL CORP (DG) and RAYTHEON TECHNOLOGIES (RTX). The fund showed a lot of confidence in some stocks as they added substantially to DEVON ENERGY (DVN), ALAMOS GOLD INC FCLASS A and APACHE CORP (APA).
The top stock holdings of FOUNDATION RESOURCE MANAGEMENT INC are , XOM, . The fund has invested 8.2% of it's portfolio in TECK RESOURCES LTD CL B and 7.9% of portfolio in EXXON MOBIL.
The fund managers got completely rid off ABBVIE INC (ABBV) and CORNING (GLW) stocks. They significantly reduced their stock positions in SAN JUAN BASIN ROYALTY TRUST (SJT), FREEPORT-MCMORAN INC. (FCX) and LOEWS (L). FOUNDATION RESOURCE MANAGEMENT INC opened new stock positions in DOLLAR GENERAL CORP (DG) and RAYTHEON TECHNOLOGIES (RTX). The fund showed a lot of confidence in some stocks as they added substantially to DEVON ENERGY (DVN), ALAMOS GOLD INC FCLASS A and APACHE CORP (APA).
FOUNDATION RESOURCE MANAGEMENT INC Annual Return Estimates Vs S&P 500
Our best estimate is that FOUNDATION RESOURCE MANAGEMENT INC made a return of 0.54% in the last quarter. In trailing 12 months, it's portfolio return was -0.58%.
New Buys
| Ticker | $ Bought |
|---|---|
| dollar general corp | 8,246,670 |
| raytheon technologies | 211,909 |
New stocks bought by FOUNDATION RESOURCE MANAGEMENT INC
Additions
| Ticker | % Inc. |
|---|---|
| devon energy | 3.82 |
| alamos gold inc fclass a | 2.96 |
| apache corp | 1.42 |
| ovintiv inc | 1.39 |
| cenovus energy, inc. | 1.38 |
| graftech international ltd | 1.31 |
| park aerospace corp | 0.44 |
| cnh industrial nv | 0.42 |
Additions to existing portfolio by FOUNDATION RESOURCE MANAGEMENT INC
Reductions
| Ticker | % Reduced |
|---|---|
| san juan basin royalty trust | -3.58 |
| freeport-mcmoran inc. | -2.46 |
| loews | -1.94 |
| teck resources ltd cl b | -1.82 |
| glatfelter corp | -1.69 |
| permian basin royalty trust | -1.62 |
| tsakos energy navigation ltd | -1.38 |
| exxon mobil | -1.09 |
FOUNDATION RESOURCE MANAGEMENT INC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| corning | -3,810,290 |
| abbvie inc | -6,748,800 |
FOUNDATION RESOURCE MANAGEMENT INC got rid off the above stocks
Sector Distribution
FOUNDATION RESOURCE MANAGEMENT INC has about 35.1% of it's holdings in Others sector.
| Sector | % |
|---|---|
| Others | 35.1 |
| Energy | 21.4 |
| Basic Materials | 10.4 |
| Healthcare | 8.8 |
| Communication Services | 6.2 |
| Financial Services | 5.8 |
| Technology | 5.4 |
| Industrials | 3.8 |
| Consumer Defensive | 3.3 |
Market Cap. Distribution
FOUNDATION RESOURCE MANAGEMENT INC has about 54.1% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| LARGE-CAP | 38.3 |
| UNALLOCATED | 36.1 |
| MEGA-CAP | 15.8 |
| MID-CAP | 6.9 |
| MICRO-CAP | 1.4 |
| SMALL-CAP | 1.3 |
Stocks belong to which Index?
About 60.8% of the stocks held by FOUNDATION RESOURCE MANAGEMENT INC either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 58 |
| Others | 39.2 |
| RUSSELL 2000 | 2.8 |
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 52 stocks in it's portfolio. About 54.6% of the portfolio is in top 10 stocks. INTC proved to be the most loss making stock for the portfolio. NEM was the most profitable stock for FOUNDATION RESOURCE MANAGEMENT INC last quarter.
Last Reported on: 10 Oct, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| ABBV | abbvie inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| APA | apache corp | 0.57 | 151,435 | 3,704,100 | added | 1.42 | ||
| BEN | franklin resources inc com | 1.82 | 585,768 | 11,803,200 | added | 0.2 | ||
| BMY | bristol myers squibb | 1.26 | 157,292 | 8,138,290 | added | 0.06 | ||
| CB | chubb ltd inc | 0.10 | 2,129 | 613,982 | unchanged | 0.00 | ||
| CNHI | cnh industrial nv | 1.09 | 637,907 | 7,080,770 | added | 0.42 | ||
| COP | conocophillips | 4.80 | 295,004 | 31,058,100 | reduced | -1.04 | ||
| CSCO | cisco systems | 1.20 | 145,571 | 7,747,290 | reduced | -0.25 | ||
| CVX | chevron | 5.47 | 240,300 | 35,389,000 | reduced | -0.21 | ||
| DG | dollar general corp | 1.27 | 97,513 | 8,246,670 | new | |||
| DVN | devon energy | 0.52 | 85,782 | 3,355,790 | added | 3.82 | ||
| EAF | graftech international ltd | 0.38 | 1,873,480 | 2,473,000 | added | 1.31 | ||
| EMN | eastman chemical | 0.04 | 2,400 | 268,680 | unchanged | 0.00 | ||
| FCX | freeport-mcmoran inc. | 1.77 | 228,985 | 11,430,900 | reduced | -2.46 | ||
| FHI | federated hermes, inc | 2.38 | 418,252 | 15,379,100 | reduced | -0.16 | ||
| GILD | gilead sciences inc | 2.69 | 207,739 | 17,416,900 | added | 0.29 | ||
| GLT | glatfelter corp | 0.12 | 423,856 | 762,941 | reduced | -1.69 | ||
| GLW | corning | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| HPQ | hp inc | 2.11 | 379,968 | 13,629,500 | reduced | -0.54 | ||
| IBM | international business machine | 0.05 | 1,399 | 309,291 | unchanged | 0.00 | ||