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FRM

Foundation Resource Management Portfolio holdings

AUM $889M
1-Year Est. Return 43.87%
This Fund
S&P 500
This Quarter Est. Return
-0.87%
1 Year Est. Return
+43.87%
3 Year Est. Return
+64.2%
5 Year Est. Return
+123.22%
10 Year Est. Return
+363.68%
AUM
$600M
AUM Growth
-$3.33M
Cap. Flow
+$9.46M
Cap. Flow %
1.58%
Top 10 Hldgs %
52.65%
Holding
52
New
–
Increased
31
Reduced
13
Closed
1

Top Buys

Rank Stock Value
1
PFE icon
Pfizer
PFE
+$2.87M
2
NEM icon
Newmont
NEM
+$605K
3
BEN icon
Franklin Resources
BEN
+$516K
4
VZ icon
Verizon
VZ
+$470K
5
CVX icon
Chevron
CVX
+$470K

Top Sells

Rank Stock Value
1
CADE
Cadence Bank
CADE
+$337K
2
LUMN icon
Lumen
LUMN
+$81.1K
3
MRK icon
Merck
MRK
+$74.4K
4
L icon
Loews
L
+$61.1K
5
PBT
Permian Basin Royalty Trust
PBT
+$53K

Sector Composition

Rank Sector Weight
1 Energy 32.38%
2 Materials 22.08%
3 Healthcare 12.68%
4 Financials 12.63%
5 Communication Services 6.96%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SJT
51
San Juan Basin Royalty Trust
SJT
$126M
$120K 0.02%
16,125
– –
CADE
52
DELISTED
Cadence Bank
CADE
– –
-16,213
Closed -$337K
1 2
3

Similar funds

FCM
FJ Capital Management Mclean, Virginia $888M AUM 18.97% 1-Year Est. Return
CCG
Cypress Capital Group Palm Beach, Florida $889M AUM 27.23% 1-Year Est. Return
BFC
Bedel Financial Consulting Indianapolis, Indiana $888M AUM 19.91% 1-Year Est. Return
KWM
Keebeck Wealth Management Chicago, Illinois $889M AUM 20.87% 1-Year Est. Return
JCM
Jag Capital Management St Louis, Missouri $889M AUM 42.63% 1-Year Est. Return
ZI
ZEGA Investments Palm Beach Gardens, Florida $890M AUM 17.33% 1-Year Est. Return
GAM
Griffin Asset Management New York $887M AUM 21.42% 1-Year Est. Return
TOCUITCONY
Trustees of Columbia University in the City of New York New York $891M AUM 17.3% 1-Year Est. Return

Foundation Resource Management's Q2 2023 Portfolio in Review

As of Q2 2023, Foundation Resource Management held 52 positions worth $600M, down 0.55% from $604M the previous quarter. Its ten largest holdings account for 53% of the portfolio.

Trading was light in Q2 2023: portfolio turnover was 1.9%. Foundation Resource Management opened no new positions and exited 1, leaving the 52-position portfolio largely intact.

By sector, the portfolio is most concentrated in Energy at 32% of assets, up from 32% a quarter earlier, followed by Materials and Healthcare.

  • Foundation Resource Management added most to Pfizer in Q2 2023, an estimated $2.87M increase.
  • Foundation Resource Management's biggest Q2 2023 reduction was Lumen, cutting an estimated $81.1K.
  • Foundation Resource Management fully exited Cadence Bank in Q2 2023, selling an estimated $337K.
  • Foundation Resource Management's ten largest holdings make up 53% of its $600M portfolio in Q2 2023.
  • Foundation Resource Management opened 0 new positions and closed 1 in Q2 2023.
  • Foundation Resource Management's portfolio value fell 0.55% quarter-over-quarter to $600M.

Based on Foundation Resource Management's 13F filing for Q2 2023, filed 12 Jul 2023.