# FOUNDATION RESOURCE MANAGEMENT INC: Form 13F holdings

An institutional investment manager in LITTLE ROCK, AR. SEC CIK 1179232.

- Quarter ended: 2026-06-30
- Filed: 2026-07-21
- Reported value: $859.7m
- Positions: 56 (56 lines in the filing's table; lines for the same security and option type are added together here)
- Compared with: the 13F for the quarter ended 2026-03-31
- Filing: https://www.sec.gov/Archives/edgar/data/1179232/000117923226000006/

## Holdings

As filed, largest first. Reported value is what the manager stated at the quarter end (Jun 30, 2026), in US dollars; it is filing data, not a price. Weight is the share of the total reported value.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [EXXON MOBIL (XOM)](/companies/xom.md) | COM | $57.5m | 6.7% | 420,834 |  | New +420,834 |
| [TECK RESOURCES LTD CL B (TECK)](/companies/teck.md) | COM | $52.9m | 6.2% | 889,933 |  | Reduced −23,286 |
| [BERKSHIRE HATHAWAY CL B (BRK-B)](/companies/brk-b.md) | COM | $47.7m | 5.6% | 95,399 |  | Reduced −1,582 |
| [NEWMONT GOLDCORP (NEM)](/companies/nem.md) | COM | $46.7m | 5.4% | 499,595 |  | Reduced −1,139 |
| [CHEVRON (CVX)](/companies/cvx.md) | COM | $39.2m | 4.6% | 236,345 |  | Added +448 |
| [DOLLAR GENERAL CORP (DG)](/companies/dg.md) | COM | $33.0m | 3.8% | 286,343 |  | Added +2,925 |
| [CONOCOPHILLIPS (COP)](/companies/cop.md) | COM | $29.8m | 3.5% | 286,730 |  | Reduced −506 |
| [ADOBE SYS (ADBE)](/companies/adbe.md) | COM | $27.5m | 3.2% | 133,964 |  | Added +55,519 |
| [AGNICO EAGLE MINES LTD (AEM)](/companies/aem.md) | COM | $27.3m | 3.2% | 175,951 |  | Reduced −344 |
| [VERIZON COMMUNICATIONS INC COM (VZ)](/companies/vz.md) | COM | $27.3m | 3.2% | 644,119 |  | Added +2,049 |
| [MERCK AND CO. INC. (MRK)](/companies/mrk.md) | COM | $26.0m | 3.0% | 202,690 |  | Added +481 |
| [HP INC (HPQ)](/companies/hpq.md) | COM | $24.3m | 2.8% | 1,108,598 |  | Added +1,594 |
| [PFIZER INC COM (PFE)](/companies/pfe.md) | COM | $22.5m | 2.6% | 936,078 |  | Added +3,593 |
| [AMBEV SA SPON ADR (ABEV)](/companies/abev.md) | COM | $22.2m | 2.6% | 7,085,184 |  | Reduced −21,167 |
| [FEDERATED HERMES, INC (FHI)](/companies/fhi.md) | COM | $21.0m | 2.4% | 380,117 |  | Reduced −6,869 |
| [DIAGEO PLC NEW (DEO)](/companies/deo.md) | COM | $19.4m | 2.3% | 241,589 |  | Added +1,425 |
| [FRANKLIN RESOURCES INC COM (BEN)](/companies/ben.md) | COM | $19.4m | 2.3% | 583,131 |  | Reduced −2,284 |
| [PARK AEROSPACE CORP (PKE)](/companies/pke.md) | COM | $19.2m | 2.2% | 502,684 |  | Reduced −3,393 |
| [INTEL CORP. (INTC)](/companies/intc.md) | COM | $18.7m | 2.2% | 133,779 |  | Reduced −324,802 |
| [COMCAST (CMCSA)](/companies/cmcsa.md) | COM | $16.8m | 1.9% | 682,420 |  | Added +10,946 |
| [LKQ CORP (LKQ)](/companies/lkq.md) | COM | $15.9m | 1.8% | 603,424 |  | Added +5,857 |
| [PERMIAN BASIN ROYALTY TRUST (PBT)](/companies/pbt.md) | COM | $15.7m | 1.8% | 626,331 |  | Reduced −3,876 |
| [MOSAIC (MOS)](/companies/mos.md) | COM | $14.7m | 1.7% | 694,864 |  | Added +11,133 |
| [BARRICK GOLD CORP (B)](/companies/b.md) | COM | $14.2m | 1.7% | 386,565 |  | Reduced −318 |
| [LOEWS (L)](/companies/l.md) | COM | $14.2m | 1.7% | 125,360 |  | Reduced −2,298 |
| [FREEPORT-MCMORAN INC. (FCX)](/companies/fcx.md) | COM | $13.0m | 1.5% | 206,120 |  | Reduced −3,643 |
| [GILEAD SCIENCES INC (GILD)](/companies/gild.md) | COM | $12.9m | 1.5% | 102,147 |  | Reduced −850 |
| [BUILDERS FIRSTSOURCE INC (BLDR)](/companies/bldr.md) | COM | $12.7m | 1.5% | 142,094 |  | New +142,094 |
| [CENOVUS ENERGY, INC. (CVE)](/companies/cve.md) | COM | $12.6m | 1.5% | 507,297 |  | Added +1,660 |
| TSAKOS ENERGY NAVIGATION LTD | COM | $11.9m | 1.4% | 336,441 |  | Reduced −6,332 |
| [NUTRIEN LTD (NTR)](/companies/ntr.md) | COM | $11.8m | 1.4% | 187,442 |  | Added +1,166 |
| [SANOFI (SNY)](/companies/sny.md) | COM | $11.7m | 1.4% | 274,452 |  | Added +1,315 |
| [PHILLIPS 66 (PSX)](/companies/psx.md) | COM | $10.4m | 1.2% | 61,342 |  | Reduced −471 |
| [BRISTOL MYERS SQUIBB (BMY)](/companies/bmy.md) | COM | $9.9m | 1.2% | 171,716 |  | Added +5,862 |
| [TEJON RANCH CO (TRC)](/companies/trc.md) | COM | $9.6m | 1.1% | 514,024 |  | Added +1,710 |
| [APACHE CORP (APA)](/companies/apa.md) | COM | $8.6m | 1.0% | 262,921 |  | Added +2,362 |
| [NOVO-NORDISK ADR (NVO)](/companies/nvo.md) | COM | $8.5m | 1.0% | 177,838 |  | Added +3,712 |
| [CAMPBELL SOUP CO (CPB)](/companies/cpb.md) | COM | $8.1m | 0.9% | 363,960 |  | Added +7,360 |
| [KRAFT HEINZ COMPANY (KHC)](/companies/khc.md) | COM | $7.7m | 0.9% | 326,800 |  | Added +2,776 |
| CNH INDUSTRIAL NV | COM | $7.7m | 0.9% | 684,335 |  | Reduced −2 |
| [DEVON ENERGY (DVN)](/companies/dvn.md) | COM | $6.3m | 0.7% | 152,079 |  | Added +4,317 |
| [CAMECO CORP (CCJ)](/companies/ccj.md) | COM | $5.7m | 0.7% | 55,568 |  | Reduced −457 |
| [OVINTIV INC (OVV)](/companies/ovv.md) | COM | $5.5m | 0.6% | 104,143 |  | Added +653 |
| [BERKSHIRE HATHAWAY HLD A (BRK-B)](/companies/brk-b.md) | COM | $3.7m | 0.4% | 5 |  | Unchanged |
| [WAL-MART STORES (WMT)](/companies/wmt.md) | COM | $2.0m | 0.2% | 18,055 |  | Added +553 |
| [MARATHON PETROLEUM CORP (MPC)](/companies/mpc.md) | COM | $1.3m | 0.1% | 4,929 |  | Unchanged |
| TRANSOCEAN, LTD | COM | $827.9k | <0.1% | 169,298 |  | Unchanged |
| [IMPERIAL OIL LTD (IMO)](/companies/imo.md) | COM | $778.0k | <0.1% | 6,945 |  | Unchanged |
| [THE TRAVELERS COS., INC. (TRV)](/companies/trv.md) | COM | $764.2k | <0.1% | 2,315 |  | Unchanged |
| CHUBB LTD INC | COM | $725.4k | <0.1% | 2,129 |  | Unchanged |
| [GRAFTECH INTERNATIONAL LTD (EAF)](/companies/eaf.md) | COM | $628.6k | <0.1% | 106,355 |  | Reduced −782 |
| [INTERNATIONAL BUSINESS MACHINE (IBM)](/companies/ibm.md) | COM | $438.4k | <0.1% | 1,559 |  | Added +160 |
| [RAYTHEON TECHNOLOGIES (RTX)](/companies/rtx.md) | COM | $399.9k | <0.1% | 2,108 |  | Added +359 |
| [JOHNSON AND JOHNSON (JNJ)](/companies/jnj.md) | COM | $308.6k | <0.1% | 1,215 |  | Added +109 |
| [MURPHY USA INC. (MUSA)](/companies/musa.md) | COM | $202.1k | <0.1% | 375 |  | New +375 |
| [SAN JUAN BASIN ROYALTY TRUST (SJT)](/companies/sjt.md) | COM | $46.8k | <0.1% | 14,565 |  | Unchanged |

## Sold out

Held at the end of the quarter before and not reported this quarter.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| EXXON MOBIL | COM | $0 | 0.0% | 0 |  | Sold out −421,849 |
| [MURPHY OIL CORP (MUR)](/companies/mur.md) | COM | $0 | 0.0% | 0 |  | Sold out −6,050 |

Source: SEC EDGAR, Form 13F-HR, accession 0001179232-26-000006. Last ingested by Listed: Oct 22, 2026, 05:26 ET. No prices; not investment advice.