FOUNDATION RESOURCE MANAGEMENT INC
SEC Form 13F institutional filer · CIK 0001179232
13F-HR · 30 reported holdings · 2026-03-31
Reported long-US-equity value
$0.57B
Top-10 concentration
69.7%
FOUNDATION RESOURCE MANAGEMENT INC — $569M AUM allocation strategy
FOUNDATION RESOURCE MANAGEMENT INC files SEC Form 13F and reports $569M of long US equity value across 30 reported holdings for 2026-03-31.
Its largest sector bet is Energy 31.7%, followed by Materials 14.8% and Health Care 13.1%.
The top 10 holdings account for 70% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
FOUNDATION RESOURCE MANAGEMENT INC — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$569M
total across 30 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
70% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$HPQ +732K sh · +$12.9M+$CMCSA +45.5K sh · +$569K+$MOS +32.3K sh · +$1.74M
Biggest trims (shares)
−$NEM −71K sh · −$2.89M−$INTC −44K sh · +$1.69M−$FCX −11.4K sh · +$1.09M
Exited to nil (held last quarter, gone now)
None this quarter
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Integrated Oil & Gas21.2%—
- Pharmaceuticals10.6%—
- Gold9.5%—
- Oil & Gas Exploration & Production8.6%—
- Multi-Sector Holdings8.1%—
- Consumer Staples Merchandise Retail5.9%—
- Integrated Telecommunication Services5.7%—
- Technology Hardware, Storage & Peripherals3.7%—
- Other holdings26.6%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
10 of 10 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $XOM | ExxonMobil Holdings Corporation | 422K | $71.6M | -550 | 12.6% |
| $NEM | Newmont Corporation | 501K | $54.2M | -71K | 9.5% |
| $CVX | Chevron Corporation | 236K | $48.8M | +2.44K | 8.6% |
| $BRK.B | Berkshire Hathaway Inc.-Class B | 97K | $46.5M | +503 | 8.2% |
| $COP | ConocoPhillips | 287K | $37.9M | +1.6K | 6.7% |
| $DG | Dollar General Corporation | 283K | $33.7M | -1.51K | 5.9% |
| $VZ | Verizon Communications Inc | 642K | $32.2M | +16.5K | 5.7% |
| $PFE | Pfizer Inc | 932K | $26.2M | +31.9K | 4.6% |
| $MRK | Merck & Company Inc | 202K | $24.3M | +9.11K | 4.3% |
| $HPQ | HP Inc | 1.11M | $21.3M | +732K | 3.7% |
…and 20 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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