Q3 2026 13F · SEC CIK 1179232

Foundation Resource Management Inc

Endowment & foundationFiled 2026-10-19 for Q3 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $938.7M
Reported positions: 56
Top holdings a year, 3 yrs: +19.6%
Assets under management: $1.1B

Foundation Resource Management Inc is an endowment & foundation that reported 56 positions worth $938.7M in its Q3 2026 13F, filed 2026-10-19. Its largest holdings were Exxonmobil Holdings Corp (XOM, 7.3%), Newmont Corp (NEM, 6.0%), Teck Resources Ltd (TECK, 5.9%). A portfolio copying its top holdings returned 19.6% a year over the last 3 years, against 22.3% for the S&P 500.

Foundation Resource Management Inc holdings largest 50 of 56 positions.

Weights are shares of the filer's total reported 13F value, compared with Q2 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Foundation Resource Management Inc 13F holdings
Stock	% of 13F value	Q2 2026	Shares	Share change	Reported value
XOMExxonmobil Holdings Corp	7.3%	6.7%	418,214	-0.6%	$68.1M
NEMNewmont Corp	6.0%	5.4%	491,849	-1.6%	$56.7M
TECKTeck Resources Ltd	5.9%	6.2%	842,239	-5.4%	$55.4M
CVXChevron Corporation	5.1%	4.6%	234,208	-0.9%	$47.8M
BRK-BBerkshire Hathaway Inc Del	5.0%	5.6%	93,693	-1.8%	$46.7M
COPConocophillips	3.7%	3.5%	281,173	-1.9%	$35.2M
HPQHp Inc	3.6%	2.8%	1,088,774	-1.8%	$34.1M
DGDollar Gen Corp	3.6%	3.8%	284,338	-0.7%	$34.0M
AEMAgnico Eagle Mines Ltd	3.4%	3.2%	174,771	-0.7%	$32.0M
ADBEAdobe Inc	3.4%	3.2%	132,977	-0.7%	$31.9M
VZVerizon Communications Inc	3.1%	3.2%	641,188	-0.5%	$29.4M
MRKMerck & Co Inc	3.1%	3.0%	201,997	-0.3%	$29.4M
PFEPfizer Inc	2.9%	2.6%	938,979	+0.3%	$26.8M
CMCSAComcast Corp New	2.5%	1.9%	1,071,254	+57.0%	$23.3M
FHIFederated Hermes Inc	2.2%	2.4%	366,204	-3.7%	$20.6M
ABEVAmbev SA	2.2%	2.6%	7,048,327	-0.5%	$20.6M
DEODiageo PLC	2.2%	2.3%	239,005	-1.1%	$20.5M
PBTPermian Basin Rty Tr	2.0%	1.8%	595,636	-4.9%	$18.8M
LKQLkq Corp	2.0%	1.8%	817,292	+35.4%	$18.7M
BENFranklin Templeton Inc	2.0%	2.3%	571,723	-2.0%	$18.4M
CVECenovus Energy Inc	1.7%	1.5%	504,479	-0.6%	$15.7M
INTCIntel Corp	1.7%	2.2%	130,108	-2.7%	$15.6M
BBarrick Mng Corp	1.6%	1.7%	378,191	-2.2%	$15.4M
PSXPhillips 66	1.6%	1.2%	60,191	-1.9%	$15.4M
MOSMosaic Co	1.6%	1.7%	704,998	+1.5%	$15.3M
TENTsakos Energy Navigation Ltd	1.6%	1.4%	316,012	-6.1%	$14.9M
GILDGilead Sciences Inc	1.6%	1.5%	98,374	-3.7%	$14.7M
PKEPark Aerospace Corp	1.6%	2.2%	492,287	-2.1%	$14.6M
FCXFreeport Mcmoran Inc	1.5%	1.5%	199,596	-3.2%	$14.0M
NTRNutrien Ltd	1.4%	1.4%	190,142	+1.4%	$13.4M
LLoews Corp	1.4%	1.7%	121,876	-2.8%	$12.7M
APAApa Corporation	1.2%	1.0%	277,294	+5.5%	$11.5M
SNYNFSanofi SA	1.2%	1.4%	273,667	-0.3%	$11.3M
BMYBristol-Myers Squibb Co	1.2%	1.2%	174,826	+1.8%	$10.9M
CNHICnh Indl N V	0.9%	0.9%	678,892	-0.8%	$8.7M
TRCTejon Ranch Co.	0.9%	1.1%	514,815	+0.2%	$8.4M
KHCKraft Heinz Co	0.8%	0.9%	327,495	+0.2%	$7.4M
BLDRBuilders Firstsource Inc	0.8%	1.5%	128,869	-9.3%	$7.3M
DVNDevon Energy Corp New	0.8%	0.7%	158,238	+4.0%	$7.3M
CPBThe Campbells Company	0.7%	0.9%	333,624	-8.3%	$6.6M
NVONovo-Nordisk A S	0.6%	1.0%	159,173	-10.5%	$6.0M
OVVOvintiv Inc Com	0.6%	0.6%	103,810	-0.3%	$6.0M
CCJCameco Corp	0.5%	0.7%	54,047	-2.7%	$4.7M
BRK-ABerkshire Hathaway Inc Del	0.4%	0.4%	5	+0.0%	$3.7M
MPCMarathon Petroleum	0.2%	0.1%	4,779	-3.0%	$1.9M
WMTWalmart Inc	0.2%	0.2%	18,055	+0.0%	$1.9M
IMOImperial Oil Ltd	0.1%	0.1%	6,945	+0.0%	$855K
EAFGraftech International Ltd	0.1%	—	102,994	—	$852K
TRVTravelers Companies Inc	0.1%	0.1%	2,315	+0.0%	$825K
RIGTransocean Ltd	0.1%	0.1%	138,533	-18.2%	$726K

What Foundation Resource Management Inc bought and sold in Q3 2026, against Q2 2026.

New positions

Q2 2026's filing was too long to tell new positions apart.

Share counts compared with the Q2 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +32.9% /yr; S&P 500 +11.7%
3 years: +19.6% /yr; S&P 500 +22.3%
5 years: +10.7% /yr; S&P 500 +10.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q3 2026	$938.7M	56
Q2 2026	$859.7M	56
Q1 2026	$888.5M	55
Q4 2025	$747.5M	52
Q3 2025	$696.0M	51
Q2 2025	$646.7M	50
Q1 2025	$634.4M	50
Q4 2024	$598.7M	52
Q3 2024	$646.9M	52
Q2 2024	$625.9M	52
Q1 2024	$636.6M	52
Q4 2023	$627.8M	52

Questions about Foundation Resource Management Inc's portfolio

What stocks does Foundation Resource Management Inc own?

Foundation Resource Management Inc's latest 13F, for Q3 2026 and filed Oct 19, 2026, lists 56 positions worth $938.7M. The largest are Exxonmobil Holdings Corp (XOM) at 7.3%, Newmont Corp (NEM) at 6.0%, Teck Resources Ltd (TECK) at 5.9%, Chevron Corporation (CVX) at 5.1% and Berkshire Hathaway Inc Del (BRK-B) at 5.0%.

What did Foundation Resource Management Inc buy last quarter?

In Q3 2026, Foundation Resource Management Inc added Comcast Corp New (CMCSA) (+57.0% shares), Lkq Corp (LKQ) (+35.4% shares) and Apa Corporation (APA) (+5.5% shares), compared with its Q2 2026 filing.

What did Foundation Resource Management Inc sell last quarter?

In Q3 2026, Foundation Resource Management Inc cut from its top 50 Chubb Limited (CB), Transocean Ltd (RIG) (-18.2% shares), Novo-Nordisk A S (NVO) (-10.5% shares) and Builders Firstsource Inc (BLDR) (-9.3% shares), compared with its Q2 2026 filing.

How has Foundation Resource Management Inc's portfolio performed?

A portfolio copying Foundation Resource Management Inc's 20 largest 13F holdings each quarter, from the day each filing was public, returned +19.6% a year over the last 3 years, against +22.3% for the S&P 500. Over 1 year: +32.9% against +11.7%. Over 5 years: +10.7% a year against +10.6%.

When is Foundation Resource Management Inc's next 13F filing due?

13F filings are due 45 days after each quarter ends. Foundation Resource Management Inc's filing for the quarter ending Dec 31, 2026 is due by Feb 14, 2027; this page updates the day after it is published.

How much money does Foundation Resource Management Inc manage?

Foundation Resource Management Inc reported $1.1B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $938.7M.