Foundation Resource Management

Foundation Resource Management as of March 31, 2012

Portfolio Holdings for Foundation Resource Management

Foundation Resource Management holds 69 positions in its portfolio as reported in the March 2012 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
ConocoPhillips (COP) 7.0 $54M 707k 76.01
Pfizer (PFE) 6.7 $51M 2.3M 22.64
Newmont Mining Corporation (NEM) 5.2 $40M 781k 51.27
Teck Resources Ltd cl b (TECK) 5.0 $38M 1.1M 35.66
Dow Chemical Company 4.7 $36M 1.0M 34.64
Merck & Co (MRK) 4.6 $35M 913k 38.40
Seagate Technology 4.5 $35M 1.3M 26.95
Berkshire Hathaway (BRK.B) 4.0 $31M 380k 81.15
Eli Lilly & Co. (LLY) 3.5 $27M 663k 40.27
Valero Energy Corporation (VLO) 3.4 $26M 1.0M 25.77
Leucadia National 3.2 $25M 943k 26.10
Cenovus Energy (CVE) 3.2 $24M 675k 35.94
Overseas Shipholding 3.0 $23M 1.8M 12.63
Chevron Corporation (CVX) 2.9 $22M 208k 107.21
Transocean (RIG) 2.5 $19M 350k 54.70
Canadian Pacific Railway 2.5 $19M 252k 75.95
Forestar 2.4 $19M 1.2M 15.39
Sanofi-Aventis SA (SNY) 2.4 $18M 470k 38.75
Encana Corp 2.4 $18M 925k 19.65
Koninklijke Philips Electronics NV (PHG) 2.2 $17M 845k 20.35
Permian Basin Royalty Trust (PBT) 1.5 $11M 495k 22.87
Barrick Gold Corp (GOLD) 1.5 $11M 258k 43.48
Goodyear Tire & Rubber Company (GT) 1.5 $11M 997k 11.22
Noble Energy 1.4 $11M 113k 97.78
Raytheon Company 1.4 $11M 210k 52.78
Gannett 1.4 $11M 706k 15.33
Exelis 1.4 $11M 855k 12.52
Nokia Corporation (NOK) 1.2 $9.2M 1.7M 5.49
Thompson Creek Metals 1.1 $8.5M 1.3M 6.76
RadioShack Corporation 1.0 $7.4M 1.2M 6.22
Mfc Industrial 0.9 $7.0M 916k 7.69
Precision Drilling Corporation 0.9 $6.9M 689k 10.03
Tsakos Energy Navigation 0.9 $6.6M 756k 8.68
Freeport-McMoRan Copper & Gold (FCX) 0.8 $6.3M 165k 38.04
Loews Corporation (L) 0.8 $6.2M 155k 39.87
Weyerhaeuser Company (WY) 0.8 $5.8M 264k 21.92
Devon Energy Corporation (DVN) 0.7 $5.5M 77k 71.12
Baker Hughes Incorporated 0.7 $5.1M 121k 41.94
Alcoa 0.6 $4.9M 487k 10.02
Boeing Company (BA) 0.5 $3.8M 52k 74.37
Tecumseh Products Company 0.4 $3.0M 735k 4.02
Northrop Grumman Corporation (NOC) 0.4 $2.8M 46k 61.09
San Juan Basin Royalty Trust (SJT) 0.4 $2.8M 143k 19.39
Exxon Mobil Corporation (XOM) 0.3 $2.1M 25k 86.73
MEMC Electronic Materials 0.3 $2.0M 566k 3.61
Templeton Dragon Fund (TDF) 0.2 $1.8M 65k 28.35
Diamond Offshore Drilling 0.2 $1.6M 24k 66.73
Simmons First National Corporation (SFNC) 0.2 $1.4M 53k 25.83
Ford Motor Company (F) 0.1 $1.1M 88k 12.47
Twin Disc, Incorporated (TWIN) 0.1 $1.0M 39k 26.08
Travelers Companies (TRV) 0.1 $786k 13k 59.18
Eastman Chemical Company (EMN) 0.1 $729k 14k 51.70
Steelcase (SCS) 0.1 $671k 70k 9.60
Marathon Oil Corporation (MRO) 0.1 $712k 22k 31.72
BancorpSouth 0.1 $598k 44k 13.46
Berkshire Hathaway (BRK.A) 0.1 $610k 5.00 122000.00
Imperial Oil (IMO) 0.1 $604k 13k 45.40
Ace Limited Cmn 0.1 $520k 7.1k 73.27
Wal-Mart Stores (WMT) 0.1 $528k 8.6k 61.22
International Business Machines (IBM) 0.1 $499k 2.4k 208.70
Tyson Foods (TSN) 0.1 $401k 21k 19.15
BP Prudhoe Bay Royalty Trust (BPT) 0.1 $375k 3.0k 125.00
United Technologies Corporation 0.0 $301k 3.6k 83.06
Murphy Oil Corporation (MUR) 0.0 $338k 6.0k 56.33
Schlumberger (SLB) 0.0 $226k 3.2k 69.95
Regency Energy Partners 0.0 $246k 10k 24.60
Citizens Holding Company (CIZN) 0.0 $224k 12k 19.41
Huntington Ingalls Inds (HII) 0.0 $243k 6.0k 40.24
Pilgrim's Pride Corporation (PPC) 0.0 $163k 22k 7.48