Drummond Knight Asset Management Pty Ltd
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 15, 2026), Drummond Knight Asset Management Pty Ltd reported 16 stock positions worth $544.8 million. Its top holding was Freeport-McMoran (FCX) at 13.3% of the portfolio, followed by Ecolab (ECL, 10.4%) and Nutrien (NTR, 9.8%). Compared with Q1 2026, it opened 3 new positions, sold out of 1, added to 8 and reduced 5. The biggest buy was a new position in Ecolab (ECL) and the biggest sale Alcoa (AA, shares −19%).
- Most Recent 13F
- Q2 2026
- Location
- CROWS NEST, NSW, C3
- CIK
- 0001808029
- Portfolio Value
- $544.8M (Q2 2026)
- SEC Filing
- 0001808029-26-000005 ↗ filed Jul 15, 2026
Holdings Value
Holdings 16 stocks · $544.8M
| FCX Freeport-McMoran Inc. | 13.35% | 1,156,308 | $72.7M | Add +152.2% |
| ECL Ecolab Inc. | 10.42% | 203,750 | $56.8M | New |
| NTR Nutrien Ltd. | 9.80% | 848,248 | $53.4M | Add +209.0% |
| SLB SLB Ltd. filed as SLB LIMITED | 8.90% | 1,043,077 | $48.5M | Add +119.6% |
| LIN Linde PLC | 8.59% | 90,227 | $46.8M | New |
| DVN Devon Energy Corp. | 8.55% | 1,128,022 | $46.6M | Add +131.5% |
| TECK Teck Resources Ltd.-CLS B | 8.23% | 753,980 | $44.8M | Add +78.8% |
| PPG PPG Industries Inc. | 7.64% | 343,338 | $41.6M | New |
| AEM Agnico Eagle Mines Ltd. | 7.26% | 255,001 | $39.6M | Add +80.8% |
| CVX Chevron Corp. | 5.01% | 164,672 | $27.3M | Add +9.7% |
| AA Alcoa Corp. | 3.69% | 385,711 | $20.1M | Reduce -19.4% |
| FANG Diamondback Energy Inc. | 3.53% | 109,544 | $19.3M | Add +45.9% |
| DD Dupont DE Nemours Inc. | 1.73% | 69,525 | $9.4M | Reduce -8.1% |
| CCJ Cameco Corp. | 1.39% | 74,261 | $7.6M | Reduce -23.4% |
| CENX Century Aluminum Company | 1.37% | 162,274 | $7.5M | Reduce -42.3% |
| NXE Nexgen Energy Ltd. | 0.53% | 307,100 | $2.9M | Reduce -31.4% |
Portfolio Sells Q1 2026 → Q2 2026
Portfolio Buys Q1 2026 → Q2 2026
| ECL Ecolab Inc. | New | 10.42% | +10.42 |
| LIN Linde PLC | New | 8.59% | +8.59 |
| PPG PPG Industries Inc. | New | 7.64% | +7.64 |
| FCX Freeport-McMoran Inc. | Add +152.2% | 13.35% | +3.81 |
| NTR Nutrien Ltd. | Add +209.0% | 9.80% | +2.47 |
| TECK Teck Resources Ltd.-CLS B | Add +78.8% | 8.23% | +0.51 |
| SLB SLB Ltd. | Add +119.6% | 8.90% | +0.27 |
| DVN Devon Energy Corp. | Add +131.5% | 8.55% | −0.12 |
| FANG Diamondback Energy Inc. | Add +45.9% | 3.53% | −1.72 |
| AEM Agnico Eagle Mines Ltd. | Add +80.8% | 7.26% | −2.87 |
| CVX Chevron Corp. | Add +9.7% | 5.01% | −5.98 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 16 | $544.8M | FCX, ECL, NTR, SLB, LIN |
| Q1 2026 | 14 | $282.7M | AA, CVX, AEM, FCX, DVN |
| Q4 2025 | 11 | $357.3M | FCX, B, AA, DD, XOM |
| Q3 2025 | 12 | $326.7M | DD, B, TECK, FCX, CRH |
| Q2 2025 | 12 | $313.6M | FCX, DD, AA, CRH, CCJ |
| Q1 2025 | 11 | $199.1M | FCX, CRH, DD, X, CVX |
| Q4 2024 | 12 | $137.6M | AA, TECK, STLD, CVX, CRH |