Foundation Resource Management Inc.
Foundation Resource Management, Inc. is an employee-owned, SEC-registered investment advisory firm headquartered in Little Rock, Arkansas. Founded in 1992 by Greg Hartz, the firm is now led by Managing Principal Meredith Moll and Principal Zach Riley after a planned internal ownership transition in 2025. FRM manages investment portfolios for insurance companies, charitable foundations, hospitals, retirement plans, and families, with a team of ten professionals, including multiple CFA Charterholders and CPAs. The firm upholds a long-term, fundamentals-based value investing discipline in its client service.
Investment Strategy
Foundation Resource Management employs a fundamentals-based value investing approach, focusing on disciplined, long-term management of separately managed portfolios consisting of individual stocks and bonds. The firm's investment philosophy prioritizes the protection and prudent growth of clients’ capital over decades, taking a fiduciary, fundamentals-driven and patient stance designed to serve institutional clients, foundations, retirement plans, and families. Their strategy emphasizes capital stewardship, disciplined security analysis, and the pursuit of value across market cycles, with strict adherence to high standards for fundamental analysis and portfolio management.
Top Holdings
Equity Positions (48)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
B BRK-B | BERKSHIRE HATHAWAY CL B | 6.98% | $48.6M | 96,594 | $127.18 | $502.74 | +$1.6M |
N NEM | NEWMONT GOLDCORP | 6.94% | $48.3M | 573,053 | $32.50 | $84.31 | +$8.8M |
X XOM | EXXON MOBIL | 6.81% | $47.4M | 420,628 | $73.58 | $112.75 | +$2.3M |
T TECK | TECK RESOURCES LTD CL B | 6.00% | $41.8M | 951,919 | $18.65 | $43.89 | +$3.4M |
C CVX | CHEVRON | 5.20% | $36.2M | 232,982 | $108.81 | $155.29 | +$3.1M |