Foundation Resource Management Inc Q3 2023 vs. Q4 2023: An In-Depth Analysis of 13F Holdings

Introduction:

The 13F form is a quarterly filing required by the Securities and Exchange Commission (SEC) for institutional investors who manage over $100 million in qualifying assets. These filings provide valuable insights into the holdings and investment strategies of these financial giants. In this article, we will be focusing on the Q3 2023 and Q4 2023 13F holdings of Foundation Resource Management Inc. Let's dive into the data and explore the changes in their holdings during this period.

TECK Resources Ltd CL B:

In Q3 2023, Foundation Resource Management Inc held 1,056,812 shares of TECK Resources Ltd CL B, which decreased slightly to 1,046,041 shares in Q4 2023. The value of their holdings in Q3 was $45,538,000, which declined to $44,216,000 in Q4, marking a decrease of 2.9%.

Exxon Mobil:

Foundation Resource Management Inc's position in Exxon Mobil remained relatively stable during this period. They held 436,470 shares in Q3 2023, which slightly increased to 439,508 shares in Q4 2023. However, the value of their holdings took a significant hit, decreasing from $51,320,000 in Q3 to $43,942,000 in Q4, representing a decrease of 14.4%.

Berkshire Hathaway CL B:

The holdings of Berkshire Hathaway CL B also experienced a slight decline. In Q3 2023, Foundation Resource Management Inc held 103,095 shares, which decreased to 100,682 shares in Q4 2023. The value of their holdings in Q3 was $36,114,000, which decreased marginally to $35,909,000 in Q4, marking a decrease of 0.6%.

Chevron:

Foundation Resource Management Inc held 236,143 shares of Chevron in Q3 2023, which increased to 238,621 shares in Q4 2023. However, their holdings' value experienced a significant decline, decreasing from $39,818,000 in Q3 to $35,592,000 in Q4, representing a decrease of 10.6%.

Cameco Corp:

In Q3 2023, Foundation Resource Management Inc held 844,874 shares of Cameco Corp, which decreased slightly to 824,153 shares in Q4 2023. However, the value of their holdings saw a positive change, increasing from $33,490,000 in Q3 to $35,520,000 in Q4, marking an increase of 6.1%.

Conclusion:

The 13F holdings of Foundation Resource Management Inc underwent various changes during the Q3 2023 and Q4 2023 period. While some holdings remained stable, others experienced slight declines or increases. It is crucial to note that these changes in holdings can be influenced by numerous factors, including market conditions, investment strategies, and portfolio rebalancing. Investors and market enthusiasts can utilize this information to gain insights into the investment decisions made by Foundation Resource Management Inc during this period.