Drummond Knight Asset Management Pty Ltd
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), Drummond Knight Asset Management Pty Ltd reported 12 stock positions worth $313.6 million. Its top holding was Freeport-McMoran (FCX) at 15.9% of the portfolio, followed by Dupont DE Nemours (DD, 15.4%) and Alcoa (AA, 14.3%). Compared with Q1 2025, it opened 6 new positions, sold out of 5, added to 5 and reduced 1. The biggest buy was a new position in Alcoa (AA) and the biggest sale an exit from United States Steel (X).
- Most Recent 13F
- Q2 2026
- Location
- CROWS NEST, NSW, C3
- CIK
- 0001808029
- Portfolio Value
- $313.6M (Q2 2025)
- SEC Filing
- 0001808029-25-000011 ↗ filed Aug 13, 2025
Holdings Value
Holdings 12 stocks · $313.6M
| FCX Freeport-McMoran Inc. | 15.86% | 1,147,407 | $49.7M | Add +4.8% |
| DD Dupont DE Nemours Inc. | 15.41% | 704,489 | $48.3M | Add +107.9% |
| AA Alcoa Corp. | 14.31% | 1,521,269 | $44.9M | New |
| CRH CRH PLC | 11.19% | 382,447 | $35.1M | Add +19.2% |
| CCJ Cameco Corp. | 8.27% | 349,288 | $25.9M | New |
| EQT Eqt Corp. | 8.04% | 432,576 | $25.2M | Add +53.6% |
| AEM Agnico Eagle Mines Ltd. | 6.31% | 166,471 | $19.8M | New |
| BKR Baker Hughes Co. | 4.89% | 400,000 | $15.3M | New |
| XOM Exxon Mobil Corp. | 4.79% | 139,393 | $15.0M | New |
| STLD Steel Dynamics Inc. | 4.69% | 115,000 | $14.7M | Reduce -6.0% |
| TECK Teck Resources Ltd.-CLS B | 4.15% | 322,530 | $13.0M | Add +32.6% |
| NXE Nexgen Energy Ltd. | 2.07% | 937,511 | $6.5M | New |
Portfolio Sells Q1 2025 → Q2 2025
Portfolio Buys Q1 2025 → Q2 2025
| AA Alcoa Corp. | New | 14.31% | +14.31 |
| CCJ Cameco Corp. | New | 8.27% | +8.27 |
| AEM Agnico Eagle Mines Ltd. | New | 6.31% | +6.31 |
| BKR Baker Hughes Co. | New | 4.89% | +4.89 |
| XOM Exxon Mobil Corp. | New | 4.79% | +4.79 |
| DD Dupont DE Nemours Inc. | Add +107.9% | 15.41% | +2.70 |
| NXE Nexgen Energy Ltd. | New | 2.07% | +2.07 |
| EQT Eqt Corp. | Add +53.6% | 8.04% | +0.49 |
| TECK Teck Resources Ltd.-CLS B | Add +32.6% | 4.15% | −0.30 |
| CRH CRH PLC | Add +19.2% | 11.19% | −2.98 |
| FCX Freeport-McMoran Inc. | Add +4.8% | 15.86% | −4.95 |
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 |