Drummond Knight Asset Management Pty Ltd
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed June 4, 2025), Drummond Knight Asset Management Pty Ltd reported 11 stock positions worth $199.1 million. Its top holding was Freeport-McMoran (FCX) at 20.8% of the portfolio, followed by CRH (CRH, 14.2%) and Dupont DE Nemours (DD, 12.7%). Compared with Q4 2024, it opened 4 new positions, sold out of 5, added to 4 and reduced 3. The biggest buy was a new position in Freeport-McMoran (FCX) and the biggest sale an exit from Alcoa (AA).
- Most Recent 13F
- Q2 2026
- Location
- CROWS NEST, NSW, C3
- CIK
- 0001808029
- Portfolio Value
- $199.1M (Q1 2025)
- SEC Filing
- 0001808029-25-000009 ↗ filed Jun 4, 2025
Holdings Value
Holdings 11 stocks · $199.1M
| FCX Freeport-McMoran Inc. | 20.81% | 1,094,480 | $41.4M | New |
| CRH CRH PLC | 14.17% | 320,842 | $28.2M | Add +111.3% |
| DD Dupont DE Nemours Inc. | 12.71% | 338,870 | $25.3M | New |
| X United States Steel Corp. | 8.73% | 411,259 | $17.4M | Add +149.3% |
| CVX Chevron Corp. | 8.06% | 95,994 | $16.1M | Reduce -4.0% |
| STLD Steel Dynamics Inc. | 7.68% | 122,288 | $15.3M | Reduce -5.9% |
| EQT Eqt Corp. | 7.55% | 281,569 | $15.0M | Add +26.2% |
| WLK Westlake Corp. | 5.89% | 117,231 | $11.7M | Add +37.9% |
| SHW The Sherwin-Williams Co. | 5.33% | 30,402 | $10.6M | New |
| BTU Peabody Energy Corp. | 4.62% | 678,704 | $9.2M | New |
| TECK Teck Resources Ltd.-CLS B | 4.45% | 243,228 | $8.9M | Reduce -48.8% |
Portfolio Sells Q4 2024 → Q1 2025
| AA Alcoa Corp. | Sold out | 0.00% | −14.28 |
| TECK Teck Resources Ltd.-CLS B | Reduce -48.8% | 4.45% | −9.54 |
| EOG EOG Resources Inc. | Sold out | 0.00% | −6.78 |
| AEM Agnico Eagle Mines Ltd. | Sold out | 0.00% | −6.54 |
| FNV Franco-Nevada Corp. | Sold out | 0.00% | −4.79 |
| CCJ Cameco Corp. | Sold out | 0.00% | −3.46 |
| STLD Steel Dynamics Inc. | Reduce -5.9% | 7.68% | −3.10 |
| CVX Chevron Corp. | Reduce -4.0% | 8.06% | −2.46 |
Portfolio Buys Q4 2024 → Q1 2025
| FCX Freeport-McMoran Inc. | New | 20.81% | +20.81 |
| DD Dupont DE Nemours Inc. | New | 12.71% | +12.71 |
| SHW The Sherwin-Williams Co. | New | 5.33% | +5.33 |
| X United States Steel Corp. | Add +149.3% | 8.73% | +4.65 |
| BTU Peabody Energy Corp. | New | 4.62% | +4.62 |
| CRH CRH PLC | Add +111.3% | 14.17% | +3.96 |
| EQT Eqt Corp. | Add +26.2% | 7.55% | +0.08 |
| WLK Westlake Corp. | Add +37.9% | 5.89% | −1.20 |
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 |