Foundation Resource Management

Foundation Resource Management as of March 31, 2011

Portfolio Holdings for Foundation Resource Management

Foundation Resource Management holds 69 positions in its portfolio as reported in the March 2011 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Teck Resources Ltd cl b (TECK) 7.1 $54M 1.0M 53.02
ConocoPhillips (COP) 7.1 $53M 668k 79.86
Pfizer (PFE) 5.7 $43M 2.1M 20.31
Newmont Mining Corporation (NEM) 5.4 $41M 741k 54.58
Dow Chemical Company 4.5 $34M 908k 37.75
Berkshire Hathaway (BRK.B) 4.0 $30M 361k 83.63
Valero Energy Corporation (VLO) 3.7 $28M 943k 29.82
Merck & Co (MRK) 3.5 $27M 809k 33.01
Leucadia National 3.4 $26M 688k 37.54
Cenovus Energy (CVE) 3.4 $25M 645k 39.38
Forestar 3.1 $24M 1.2M 19.02
Encana Corp 3.1 $23M 676k 34.53
Eli Lilly & Co. (LLY) 2.8 $21M 609k 35.17
Seagate Technology 2.8 $21M 1.5M 14.40
Chevron Corporation (CVX) 2.8 $21M 195k 107.49
Overseas Shipholding 2.2 $17M 523k 32.14
Steelcase (SCS) 2.2 $17M 1.5M 11.38
Sanofi-Aventis SA (SNY) 2.2 $16M 467k 35.22
Halliburton Company (HAL) 2.2 $16M 328k 49.84
Goodyear Tire & Rubber Company (GT) 2.2 $16M 1.1M 14.98
Koninklijke Philips Electronics NV (PHG) 2.1 $16M 502k 32.17
Canadian Pacific Railway 2.1 $16M 251k 64.34
Noble Energy 1.5 $12M 120k 96.65
Raytheon Company 1.5 $11M 222k 50.87
Alcoa 1.5 $11M 627k 17.66
Freeport-McMoRan Copper & Gold (FCX) 1.2 $9.3M 168k 55.55
Precision Drilling Corporation 1.2 $9.3M 685k 13.54
Baker Hughes Incorporated 1.2 $8.8M 119k 73.43
Tecumseh Products Company 1.1 $8.4M 836k 10.02
Nokia Corporation (NOK) 1.0 $7.8M 920k 8.51
Barrick Gold Corp (GOLD) 1.0 $7.7M 148k 51.91
Devon Energy Corporation (DVN) 1.0 $7.3M 80k 91.77
Tsakos Energy Navigation 1.0 $7.2M 656k 10.98
Loews Corporation (L) 0.9 $6.7M 156k 43.09
Weyerhaeuser Company (WY) 0.9 $6.6M 270k 24.60
Transocean (RIG) 0.8 $5.7M 73k 77.95
Temple-Inland 0.6 $4.6M 197k 23.40
Boeing Company (BA) 0.5 $4.0M 54k 73.94
General Maritime Corporation 0.5 $3.9M 1.9M 2.05
MEMC Electronic Materials 0.5 $3.9M 304k 12.96
San Juan Basin Royalty Trust (SJT) 0.5 $3.9M 142k 27.55
Permian Basin Royalty Trust (PBT) 0.4 $3.1M 142k 21.82
Northrop Grumman Corporation (NOC) 0.4 $3.0M 47k 62.70
Templeton Dragon Fund (TDF) 0.3 $2.2M 72k 31.01
Equity Residential (EQR) 0.3 $2.0M 36k 56.42
Diamond Offshore Drilling 0.3 $2.0M 26k 77.70
Exxon Mobil Corporation (XOM) 0.3 $1.9M 23k 84.14
Ford Motor Company (F) 0.3 $2.0M 132k 14.91
Simmons First National Corporation (SFNC) 0.2 $1.5M 54k 27.09
ProLogis 0.2 $1.3M 83k 15.97
Twin Disc, Incorporated (TWIN) 0.2 $1.3M 40k 32.22
Eastman Chemical Company (EMN) 0.1 $1.0M 11k 99.34
Travelers Companies (TRV) 0.1 $809k 14k 59.49
Berkshire Hathaway (BRK.A) 0.1 $752k 6.00 125333.33
Ace Limited Cmn 0.1 $687k 11k 64.73
Wal-Mart Stores (WMT) 0.1 $647k 12k 52.07
BancorpSouth 0.1 $687k 44k 15.46
Imperial Oil (IMO) 0.1 $679k 13k 51.03
Tyson Foods (TSN) 0.1 $489k 26k 19.20
International Business Machines (IBM) 0.1 $413k 2.5k 163.18
BP Prudhoe Bay Royalty Trust (BPT) 0.1 $359k 3.0k 119.67
Schlumberger (SLB) 0.0 $283k 3.0k 93.37
United Technologies Corporation 0.0 $307k 3.6k 84.71
Murphy Oil Corporation (MUR) 0.0 $330k 4.5k 73.33
Marathon Oil Corporation (MRO) 0.0 $317k 5.9k 53.32
Regency Energy Partners 0.0 $273k 10k 27.30
Bristol Myers Squibb (BMY) 0.0 $201k 7.6k 26.38
Pilgrim's Pride Corporation (PPC) 0.0 $177k 23k 7.73
Regions Financial Corporation (RF) 0.0 $78k 11k 7.28