Drummond Knight Asset Management Pty Ltd
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 21, 2026), Drummond Knight Asset Management Pty Ltd reported 11 stock positions worth $357.3 million. Its top holding was Freeport-McMoran (FCX) at 18.7% of the portfolio, followed by Barrick Mining (B, 16.9%) and Alcoa (AA, 15.8%). Compared with Q3 2025, it opened 3 new positions, sold out of 4, added to 5 and reduced 3. The biggest buy was Freeport-McMoran (FCX, shares +38%) and the biggest sale an exit from CRH (CRH).
- Most Recent 13F
- Q2 2026
- Location
- CROWS NEST, NSW, C3
- CIK
- 0001808029
- Portfolio Value
- $357.3M (Q4 2025)
- SEC Filing
- 0001808029-26-000003 ↗ filed Jan 21, 2026
Holdings Value
Holdings 11 stocks · $357.3M
| FCX Freeport-McMoran Inc. | 18.68% | 1,313,952 | $66.7M | Add +38.3% |
| B Barrick Mining Corp. | 16.88% | 1,384,920 | $60.3M | Add +14.9% |
| AA Alcoa Corp. | 15.77% | 1,060,523 | $56.4M | Add +14.1% |
| DD Dupont DE Nemours Inc. | 13.58% | 1,207,393 | $48.5M | Add +85.6% |
| XOM Exxon Mobil Corp. | 7.25% | 215,230 | $25.9M | Reduce -0.9% |
| CTVA Corteva Inc. | 7.20% | 383,610 | $25.7M | New |
| TECK Teck Resources Ltd.-CLS B | 5.98% | 445,923 | $21.4M | Reduce -49.3% |
| MLM Martin Marietta Materials | 5.58% | 32,000 | $19.9M | New |
| CMC Commercial Metals Co. | 4.17% | 215,166 | $14.9M | Reduce -20.9% |
| CENX Century Aluminum Company | 3.44% | 313,376 | $12.3M | New |
| NXE Nexgen Energy Ltd. | 1.49% | 579,064 | $5.3M | Add +4.1% |
Portfolio Sells Q3 2025 → Q4 2025
| CRH CRH PLC | Sold out | 0.00% | −9.72 |
| EQT Eqt Corp. | Sold out | 0.00% | −8.02 |
| CCJ Cameco Corp. | Sold out | 0.00% | −6.84 |
| TECK Teck Resources Ltd.-CLS B | Reduce -49.3% | 5.98% | −5.85 |
| EMN Eastman Chemical Co. | Sold out | 0.00% | −1.45 |
| CMC Commercial Metals Co. | Reduce -20.9% | 4.17% | −0.60 |
| XOM Exxon Mobil Corp. | Reduce -0.9% | 7.25% | −0.24 |
Portfolio Buys Q3 2025 → Q4 2025
| FCX Freeport-McMoran Inc. | Add +38.3% | 18.68% | +7.27 |
| CTVA Corteva Inc. | New | 7.20% | +7.20 |
| AA Alcoa Corp. | Add +14.1% | 15.77% | +6.41 |
| MLM Martin Marietta Materials | New | 5.58% | +5.58 |
| B Barrick Mining Corp. | Add +14.9% | 16.88% | +4.79 |
| CENX Century Aluminum Company | New | 3.44% | +3.44 |
| NXE Nexgen Energy Ltd. | Add +4.1% | 1.49% | −0.03 |
| DD Dupont DE Nemours Inc. | Add +85.6% | 13.58% | −1.93 |
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 |