Foundation Resource Management

Foundation Resource Management as of June 30, 2011

Portfolio Holdings for Foundation Resource Management

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

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Teck Resources Ltd cl b (TECK) 7.2 $51M 1.0M 50.74
ConocoPhillips (COP) 7.1 $51M 672k 75.19
Pfizer (PFE) 6.2 $44M 2.1M 20.60
Newmont Mining Corporation (NEM) 5.7 $41M 754k 53.97
Dow Chemical Company 4.5 $32M 899k 36.00
Merck & Co (MRK) 4.1 $30M 835k 35.29
Berkshire Hathaway (BRK.B) 3.9 $28M 361k 77.39
Overseas Shipholding 3.5 $25M 921k 26.94
Cenovus Energy (CVE) 3.4 $24M 647k 37.66
Valero Energy Corporation (VLO) 3.4 $24M 947k 25.57
Seagate Technology 3.3 $24M 1.5M 16.16
Eli Lilly & Co. (LLY) 3.3 $23M 623k 37.53
Leucadia National 3.3 $23M 684k 34.10
Encana Corp 3.0 $22M 698k 30.79
Forestar 2.9 $20M 1.2M 16.43
Chevron Corporation (CVX) 2.8 $20M 195k 102.84
Sanofi-Aventis SA (SNY) 2.6 $19M 467k 40.17
Goodyear Tire & Rubber Company (GT) 2.5 $18M 1.1M 16.77
Canadian Pacific Railway 2.2 $16M 252k 62.32
Koninklijke Philips Electronics NV (PHG) 1.8 $13M 496k 25.68
Raytheon Company 1.6 $11M 223k 49.85
Noble Energy 1.5 $11M 119k 89.63
Alcoa 1.4 $9.9M 626k 15.86
Precision Drilling Corporation 1.4 $9.8M 685k 14.36
Freeport-McMoRan Copper & Gold (FCX) 1.2 $8.9M 169k 52.90
Tecumseh Products Company 1.2 $8.5M 835k 10.20
Baker Hughes Incorporated 1.2 $8.4M 116k 72.56
Nokia Corporation (NOK) 1.1 $7.7M 1.2M 6.42
Barrick Gold Corp (GOLD) 1.1 $7.6M 168k 45.29
Tsakos Energy Navigation 0.9 $6.6M 664k 10.00
Loews Corporation (L) 0.9 $6.5M 156k 42.09
Thompson Creek Metals 0.9 $6.4M 638k 9.98
Devon Energy Corporation (DVN) 0.9 $6.2M 79k 78.81
Weyerhaeuser Company (WY) 0.8 $5.9M 270k 21.86
Transocean (RIG) 0.7 $4.7M 73k 64.57
Steelcase (SCS) 0.6 $4.5M 397k 11.39
Permian Basin Royalty Trust (PBT) 0.6 $4.3M 197k 21.64
MEMC Electronic Materials 0.6 $4.2M 497k 8.53
Boeing Company (BA) 0.6 $4.0M 55k 73.93
San Juan Basin Royalty Trust (SJT) 0.5 $3.5M 143k 24.10
Northrop Grumman Corporation (NOC) 0.5 $3.3M 47k 69.35
General Maritime Corporation 0.4 $2.6M 2.0M 1.35
Templeton Dragon Fund (TDF) 0.3 $2.2M 72k 30.37
Exxon Mobil Corporation (XOM) 0.3 $1.9M 23k 81.38
Ford Motor Company (F) 0.3 $1.8M 132k 13.79
Diamond Offshore Drilling 0.2 $1.8M 26k 70.39
Twin Disc, Incorporated (TWIN) 0.2 $1.5M 40k 38.63
Simmons First National Corporation (SFNC) 0.2 $1.4M 53k 25.66
ProLogis 0.2 $1.3M 37k 35.85
Eastman Chemical Company (EMN) 0.1 $1.1M 11k 102.09
Travelers Companies (TRV) 0.1 $794k 14k 58.38
Ace Limited Cmn 0.1 $699k 11k 65.86
Berkshire Hathaway (BRK.A) 0.1 $697k 6.00 116166.67
Wal-Mart Stores (WMT) 0.1 $660k 12k 53.12
Imperial Oil (IMO) 0.1 $620k 13k 46.60
BancorpSouth 0.1 $552k 44k 12.42
Tyson Foods (TSN) 0.1 $489k 25k 19.43
International Business Machines (IBM) 0.1 $434k 2.5k 171.47
Murphy Oil Corporation (MUR) 0.1 $394k 6.0k 65.67
BP Prudhoe Bay Royalty Trust (BPT) 0.1 $335k 3.0k 111.67
Schlumberger (SLB) 0.0 $279k 3.2k 86.35
United Technologies Corporation 0.0 $321k 3.6k 88.58
Marathon Oil Corporation (MRO) 0.0 $313k 5.9k 52.65
Regency Energy Partners 0.0 $259k 10k 25.90
Citizens Holding Company (CIZN) 0.0 $301k 15k 19.49
Huntington Ingalls Inds (HII) 0.0 $271k 7.9k 34.46
Bristol Myers Squibb (BMY) 0.0 $221k 7.6k 29.00
Pilgrim's Pride Corporation (PPC) 0.0 $124k 23k 5.41
Regions Financial Corporation (RF) 0.0 $66k 11k 6.16