Foundation Resource Management Inc is an investment fund managing more than $626 billion ran by Lauren Sanders. There are currently 52 companies in Mrs. Sanders’s portfolio. The largest investments include Exxon Mobil and Teck Resources Ltd, together worth $99.8 billion.
As of 3rd July 2024, Foundation Resource Management Inc’s top holding is 439,037 shares of Exxon Mobil currently worth over $50.5 billion and making up 8.1% of the portfolio value.
Relative to the number of outstanding shares of Exxon Mobil, Foundation Resource Management Inc owns more than approximately 0.1% of the company.
In addition, the fund holds 1,028,683 shares of Teck Resources Ltd worth $49.3 billion, whose value grew 24.7% in the past six months.
The third-largest holding is Berkshire Hathaway worth $40.8 billion and the next is Chevron worth $37.7 billion, with 240,805 shares owned.
Currently, Foundation Resource Management Inc's portfolio is worth at least $626 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
The Foundation Resource Management Inc office and employees reside in Little Rock, Arkansas. According to the last 13-F report filed with the SEC, Lauren Sanders serves as the Controller at Foundation Resource Management Inc.
In the most recent 13F filing, Foundation Resource Management Inc revealed that it had opened a new position in
Bristol-Myers Squibb Co and bought 157,199 shares worth $6.53 billion.
This means they effectively own approximately 0.1% of the company.
Bristol-Myers Squibb Co makes up
11.5%
of the fund's Health Care sector allocation and has decreased its share price by 34.6% in the past year.
The investment fund also strengthened its position in Agnico Eagle Mines Ltd by buying
591 additional shares.
This makes their stake in Agnico Eagle Mines Ltd total 319,419 shares worth $20.9 billion.
Agnico Eagle Mines Ltd soared 41.9% in the past year.
On the other hand, there are companies that Foundation Resource Management Inc is getting rid of from its portfolio.
Foundation Resource Management Inc closed its position in Lumen Technologies on 10th July 2024.
It sold the previously owned 2,685,554 shares for $4.19 billion.
Lauren Sanders also disclosed a decreased stake in Exxon Mobil by approximately 0.1%.
This leaves the value of the investment at $50.5 billion and 439,037 shares.
The two most similar investment funds to Foundation Resource Management Inc are Teewinot Capital Advisers, L.L.C and Crewe Advisors. They manage $626 billion and $625 billion respectively.
Foundation Resource Management Inc’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Materials — making up 22.6% of
the total portfolio value.
The fund focuses on investments in the United States as
59.6% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
58% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $86.8 billion.
These positions were updated on July 10th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Exxon Mobil Corp. |
0.70%
439,037
|
$50,541,930,000 | 8.07% |
| Teck Resources Ltd |
0.93%
1,028,683
|
$49,273,897,000 | 7.87% |
| Berkshire Hathaway Inc. |
0.97%
100,331
|
$40,814,651,000 | 6.52% |
| Chevron Corp. |
0.15%
240,805
|
$37,666,718,000 | 6.02% |
| Conocophillips |
0.92%
298,096
|
$34,096,274,000 | 5.45% |
| Newmont Goldcorp |
0.13%
708,551
|
$29,667,032,000 | 4.74% |
| Cameco Corp. |
0.47%
585,106
|
$28,787,215,000 | 4.60% |
| Verizon Communications Inc |
0.48%
636,853
|
$26,263,818,000 | 4.20% |
| Agnico Eagle Mines Ltd |
0.19%
319,419
|
$20,890,003,000 | 3.34% |
| Mosaic Company |
0.24%
635,343
|
$18,361,420,000 | 2.93% |
| Intel Corp. |
0.13%
551,518
|
$17,080,512,000 | 2.73% |
| Pfizer Inc. |
0.24%
575,672
|
$16,107,303,000 | 2.57% |
| Merck And Co. Inc. |
0.82%
127,756
|
$15,816,193,000 | 2.53% |
| Gilead Sciences, Inc. |
0.70%
207,133
|
$14,211,409,000 | 2.27% |
| Ambev Sa Spon Adr |
141.48%
6,833,061
|
$14,007,775,000 | 2.24% |
| Federated Hermes Inc |
0.08%
418,903
|
$13,773,545,000 | 2.20% |
| HP Inc |
1.21%
382,037
|
$13,378,936,000 | 2.14% |
| Sanofi |
0.12%
275,083
|
$13,347,027,000 | 2.13% |
| Franklin Resources, Inc. |
0.05%
584,606
|
$13,065,934,000 | 2.09% |
| Barrick Gold Corp. |
0.24%
698,609
|
$11,652,791,000 | 1.86% |
| Paramount Global |
0.24%
1,099,044
|
$11,419,064,000 | 1.82% |
| Freeport-McMoRan Inc |
0.82%
234,765
|
$11,409,579,000 | 1.82% |
| Tsakos Energy Navigation Ltd |
0.06%
368,922
|
$10,802,036,000 | 1.73% |
| Kraft Heinz Co |
0.35%
322,344
|
$10,385,924,000 | 1.66% |
| Phillips 66 |
0.83%
65,662
|
$9,269,505,000 | 1.48% |
| Loews Corp. |
0.43%
115,804
|
$8,655,191,000 | 1.38% |
| Tejon Ranch Co. |
1.64%
490,686
|
$8,371,103,000 | 1.34% |
| Cenovus Energy Inc |
0.84%
422,918
|
$8,314,572,000 | 1.33% |
| Permian Basin Royalty Trust |
0.34%
680,334
|
$7,660,561,000 | 1.22% |
| Cisco Systems, Inc. |
1.00%
145,931
|
$6,933,182,000 | 1.11% |
| Abbvie Inc |
0.73%
39,347
|
$6,748,797,000 | 1.08% |
| Bristol-Myers Squibb Co. |
Opened
157,199
|
$6,528,474,000 | 1.04% |
| CNH Industrial NV |
0.47%
635,245
|
$6,435,032,000 | 1.03% |
| Park Aerospace Corp |
0.85%
463,734
|
$6,343,881,000 | 1.01% |
| Apache Corporation |
1.06%
149,319
|
$4,395,950,000 | 0.70% |
| Lumen Technologies, Inc. |
Closed
2,685,554
|
$4,189,465,000 | |
| Ovintiv Inc |
1.10%
87,246
|
$4,089,220,000 | 0.65% |
| Devon Energy Corp. |
1.16%
82,629
|
$3,916,615,000 | 0.63% |
| Corning, Inc. |
0.70%
98,077
|
$3,810,291,000 | 0.61% |
| Berkshire Hathaway Hld A |
No change
5
|
$3,061,205,000 | 0.49% |
| GrafTech International Ltd. |
2.54%
1,849,343
|
$1,793,863,000 | 0.29% |
| Wal-mart Stores |
0.51%
19,526
|
$1,322,105,000 | 0.21% |
| Transocean Ltd |
1.00%
193,756
|
$1,036,595,000 | 0.17% |
| Marathon Petroleum Corp |
No change
4,929
|
$855,083,000 | 0.14% |
| Alamos Gold Inc Fclass A |
0.19%
40,235
|
$630,885,000 | 0.10% |
| Glatfelter Corporation |
0.20%
431,156
|
$599,307,000 | 0.10% |
| Chubb Ltd Inc |
No change
2,129
|
$543,065,000 | 0.09% |
| The Travelers Cos., Inc. |
No change
2,665
|
$541,901,000 | 0.09% |
| Imperial Oil Ltd. |
1.14%
6,945
|
$473,996,000 | 0.08% |
| Murphy Oil Corp. |
No change
6,050
|
$249,502,000 | 0.04% |
| International Business Machine |
No change
1,399
|
$241,957,000 | 0.04% |
| Eastman Chemical Co |
No change
2,400
|
$235,128,000 | 0.04% |
| San Juan Basin Royalty Trust |
No change
15,625
|
$63,437,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 53 holdings | |||