Foundry Partners, LLC

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 8, 2024), Foundry Partners, LLC reported 293 stock positions worth $1.9 billion. Its top holding was JPMorgan Chase (JPM) at 2.6% of the portfolio, followed by Prudential Financial (PRU, 2.4%) and Citigroup (C, 2.2%). Compared with Q4 2023, it opened 38 new positions, sold out of 35, added to 129 and reduced 98. The biggest buy was a new position in Cigna (CI) and the biggest sale an exit from T-Mobile US (TMUS).

Most Recent 13F
Q1 2025
Location
MINNEAPOLIS, MN
CIK
0001573913
Portfolio Value
$1.9B (Q1 2024)
SEC Filing
0001573913-24-000004 ↗ filed May 8, 2024

Holdings Value

0$500.0M$1.0B$1.5B$2.0B$2.5B Q1 2024: $1.9B $1.9B Q1 2024 Q2 2024: $1.9B Q2 2024 Q3 2024: $2.0B Q3 2024 Q4 2024: $2.0B Q4 2024 Q1 2025: $1.9B Q1 2025

Holdings 293 stocks · $1.9B
JPM JPMorgan Chase & Co. 2.65% 247,521 $49.6M Reduce -7.3%
PRU Prudential Financial Inc. 2.35% 375,723 $44.1M Add +3.1%
C Citigroup Inc. 2.24% 663,686 $42.0M Add +3.6%
AMP Ameriprise Financial Inc. 1.97% 84,145 $36.9M Add +3.1%
VZ Verizon Communications Inc. 1.80% 802,696 $33.7M Add +57.0%
DAL Delta Air Lines Inc. 1.77% 693,602 $33.2M Add +19.9%
URI United Rentals Inc. 1.69% 43,911 $31.7M Reduce -3.0%
CAT Caterpillar Inc. 1.56% 79,842 $29.3M Add +14.1%
DUK Duke Energy Corp. 1.56% 302,158 $29.2M Add +11.1%
SPG Simon Property Group Inc. 1.44% 172,797 $27.0M Reduce -4.3%
CVX Chevron Corp. 1.41% 167,933 $26.5M Add +3.4%
SHEL Shell PLC-ADR 1.41% 393,890 $26.4M Add +3.2%
JNJ Johnson & Johnson 1.31% 154,865 $24.5M Add +29.1%
HIG Hartford Insurance Group Inc. 1.30% 236,399 $24.4M Add +3.3%
LYB Lyondellbasell Indu Class A 1.22% 223,370 $22.8M Add +144.3%
MO Altria Group Inc. 1.18% 506,587 $22.1M Add +3.4%
CMCSA Comcast Corp. Class A 1.16% 502,529 $21.8M Add +4.8%
ELV Elevance Health Inc. 1.15% 41,436 $21.5M Add +3.1%
EMR Emerson Electric Co. 1.14% 188,244 $21.4M Add +3.1%
AMAT Applied Materials Inc. 1.11% 101,288 $20.9M Reduce -14.3%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.07% 104,797 $20.0M Add +2.7%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 1.05% 340,133 $19.6M Add +3.3%
ALV Autoliv Inc. 1.03% 159,881 $19.3M Add +16.2%
GS Goldman Sachs Group Inc. 1.00% 44,852 $18.7M Add +43.6%
KR Kroger Co. 0.98% 322,146 $18.4M Reduce -7.6%
LEN Lennar Corp. Class A 0.98% 106,719 $18.4M Add +20.7%
UHS Universal Health Services-B 0.96% 98,455 $18.0M Reduce -8.0%
SNA Snap-on Inc. 0.95% 59,804 $17.7M Reduce -10.3%
EXE Expand Energy Corp. filed as CHESAPEAKE ENERGY CORP 0.94% 198,415 $17.6M Add +17.7%
PSX Phillips 66 0.93% 106,447 $17.4M Reduce -3.9%
CI The Cigna Group 0.93% 47,755 $17.3M New
MRK Merck & Co. Inc. 0.90% 128,076 $16.9M Add +3.3%
AES AES Corp. 0.90% 938,406 $16.8M Add +3.2%
CCEP Coca-Cola Europacific Partne 0.79% 212,703 $14.9M Add +3.3%
GILD Gilead Sciences Inc. 0.78% 200,778 $14.7M Add +3.3%
MDT Medtronic PLC 0.76% 164,051 $14.3M New
GSK GSK PLC-Spon ADR 0.75% 328,719 $14.1M Add +47.7%
ORCL Oracle Corp. 0.73% 108,594 $13.6M Add +1.4%
QCOM Qualcomm Inc. 0.68% 75,790 $12.8M New
HBAN Huntington Bancshares Inc. 0.65% 871,940 $12.2M Add +3.6%
WSR Whitestone REIT 0.64% 949,110 $11.9M Add +17.6%
PKG Packaging Corp. of America 0.62% 60,836 $11.5M Add +46.0%
PENG Penguin Solutions Inc. filed as SMART GLOBAL HLDGS INC 0.60% 424,981 $11.2M Add +29.4%
KVUE Kenvue Inc. 0.58% 508,251 $10.9M Add +3.1%
NFG National Fuel Gas Co. 0.56% 196,596 $10.6M Add +9.4%
WMB Williams Cos Inc. 0.56% 270,616 $10.5M Add +3.3%
DRI Darden Restaurants Inc. 0.55% 61,896 $10.3M Add +6.7%
SEM Select Medical Holdings Corp. 0.54% 333,826 $10.1M Add +9.6%
RTX RTX Corp. 0.53% 102,011 $9.9M Add +3.3%
JBL Jabil Inc. 0.52% 72,731 $9.7M Reduce -11.1%
ENVA Enova International Inc. 0.51% 153,427 $9.6M Add +11.3%
ONB Old National Bancorp 0.50% 534,462 $9.3M Add +10.9%
HWC Hancock Whitney Corp. 0.50% 201,891 $9.3M Add +10.2%
GES Guess? Inc. 0.48% 287,536 $9.0M Add +11.3%
TPC Tutor Perini Corp. 0.48% 624,979 $9.0M Reduce -16.9%
WPC WP Carey Inc. 0.48% 159,398 $9.0M Add +3.6%
CEG Constellation Energy 0.48% 48,468 $9.0M Reduce -39.0%
NMRK Newmark Group Inc. Class A 0.47% 798,262 $8.9M Add +11.3%
CXT Crane NXT Co. 0.46% 139,792 $8.7M Add +14.8%
TKR Timken Co. 0.45% 97,148 $8.5M Add +11.3%
MTG Mgic Investment Corp. 0.45% 379,745 $8.5M Add +11.8%
HI Hillenbrand Inc. 0.44% 165,289 $8.3M Add +15.9%
CXW Corecivic Inc. 0.44% 530,237 $8.3M Add +11.4%
LKQ LKQ Corp. 0.44% 154,036 $8.2M Reduce -37.2%
VSH Vishay Intertechnology Inc. 0.44% 362,370 $8.2M Add +12.8%
HBM Hudbay Minerals Inc. 0.44% 1,169,921 $8.2M Add +11.3%
PRIM Primoris Services Corp. 0.42% 186,650 $7.9M Add +11.3%
GPI Group 1 Automotive Inc. 0.42% 26,808 $7.8M Add +11.3%
MTX Minerals Technologies Inc. 0.42% 103,598 $7.8M Reduce -3.9%
OSK Oshkosh Corp. 0.42% 62,455 $7.8M Add +7.2%
SANM Sanmina Corp. 0.41% 124,906 $7.8M Reduce -3.3%
SNY Sanofi-ADR 0.41% 159,556 $7.8M Reduce -41.4%
ALSN Allison Transmission Holding 0.41% 94,663 $7.7M Reduce -9.0%
NEM Newmont Corp. 0.41% 212,223 $7.6M Add +3.2%
WAFD Wafd Inc. 0.41% 261,656 $7.6M Add +113.8%
HDSN Hudson Technologies Inc. 0.40% 676,098 $7.4M Add +81.0%
AGM Federal Agric MTG Corp. Class C 0.40% 37,725 $7.4M Reduce -2.5%
KBH KB Home 0.39% 103,744 $7.4M Add +17.8%
STNG Scorpio Tankers Inc. 0.39% 102,594 $7.3M Add +11.7%
AGI Alamos Gold Inc. Class A 0.39% 496,486 $7.3M Add +8.9%
ASB Associated Banc-Corp. 0.38% 329,172 $7.1M Add +9.0%
PLAB Photronics Inc. 0.37% 248,054 $7.0M Reduce -3.1%
BLMN Bloomin' Brands Inc. 0.37% 244,218 $7.0M Add +21.9%
SPOK Spok Holdings Inc. filed as SPOK HLDGS INC 0.37% 436,970 $7.0M Reduce -2.3%
LSEA Landsea Homes Corp. 0.37% 479,030 $7.0M Add +0.5%
CRAI Cra International Inc. 0.37% 46,375 $6.9M Reduce -0.4%
EGY Vaalco Energy Inc. 0.37% 982,350 $6.8M Add +12.0%
CHRD Chord Energy Corp. 0.36% 38,235 $6.8M Add +7.7%
ESRT Empire State Realty Trust-A 0.35% 654,931 $6.6M Add +11.8%
MUR Murphy Oil Corp. 0.35% 143,591 $6.6M Add +11.3%
APEI American Public Education 0.34% 455,003 $6.5M Reduce -0.4%
GSL Global Ship Lease Inc. Class A 0.34% 315,468 $6.4M Add +4.8%
BRY Berry Corp. 0.34% 791,837 $6.4M Add +11.3%
TPB Turning Point Brands Inc. 0.34% 217,190 $6.4M Reduce -1.1%
HOS Hornbeck Offshore Services I filed as HELIX ENERGY SOLUTIONS GRP I 0.34% 585,160 $6.3M Add +17.3%
DCO Ducommun Inc. 0.34% 123,192 $6.3M Reduce -5.9%
ADEA Adeia Inc. 0.34% 576,421 $6.3M Add +11.3%
DAC Danaos Corp. 0.33% 86,893 $6.3M Add +11.8%
SASR Sandy Spring Bancorp Inc. 0.33% 267,829 $6.2M Add +11.3%
SWI Solarwinds Corp. 0.33% 484,521 $6.1M Add +11.6%

Show all 293 holdings

Portfolio Sells Q4 2023 → Q1 2024
TMUS T-Mobile US Inc. Sold out 0.00% −1.11
CVS CVS Health Corp. Sold out 0.00% −1.03
CSCO Cisco Systems Inc. Sold out 0.00% −0.66
FCX Freeport-McMoran Inc. Sold out 0.00% −0.46
MAA Mid-America Apartment Comm Sold out 0.00% −0.44
VLY Valley National Bancorp Sold out 0.00% −0.42
SNY Sanofi-ADR Reduce -41.4% 0.41% −0.40
HAYN Haynes International Inc. Sold out 0.00% −0.35
AVNS Avanos Medical Inc. Reduce -56.0% 0.17% −0.33
LNTH Lantheus Holdings Inc. Sold out 0.00% −0.28
LKQ LKQ Corp. Reduce -37.2% 0.44% −0.27
NVST Envista Holdings Corp. Sold out 0.00% −0.22
SNA Snap-on Inc. Reduce -10.3% 0.95% −0.21
COKE Coca-Cola Consolidated Inc. Reduce -25.4% 0.31% −0.20
IPI Intrepid Potash Inc. Sold out 0.00% −0.20
EVC Entravision Communications-A Sold out 0.00% −0.18
IMAX Imax Corp. Reduce -61.1% 0.11% −0.18
LBC Luther Burbank Corp. Sold out 0.00% −0.17
TBRG Trubridge Inc. Sold out 0.00% −0.15
ERF Enerplus Corp. Reduce -40.3% 0.29% −0.14
CNTY Century Casinos Inc. Reduce -29.7% 0.08% −0.12
TAP Molson Coors Beverage Co. Class B Reduce -28.5% 0.27% −0.12
SMP Standard Motor Prods Reduce -7.0% 0.25% −0.11
PLAB Photronics Inc. Reduce -3.1% 0.37% −0.11
JBL Jabil Inc. Reduce -11.1% 0.52% −0.11
SPG Simon Property Group Inc. Reduce -4.3% 1.44% −0.11
SENEA Seneca Foods Corp. Class A Reduce -30.8% 0.21% −0.10
PRMW Primo Water Corp. Reduce -33.6% 0.24% −0.10
JPM JPMorgan Chase & Co. Reduce -7.3% 2.65% −0.09
HAFC Hanmi Financial Corporation Sold out 0.00% −0.09
CEG Constellation Energy Reduce -39.0% 0.48% −0.08
SILV Silvercrest Metals Inc. Reduce -17.6% 0.22% −0.08
DCO Ducommun Inc. Reduce -5.9% 0.34% −0.07
PFC Premier Financial Corp. Reduce -3.1% 0.19% −0.07
UFCS United Fire Group Inc. Reduce -33.9% 0.12% −0.07
EPM Evolution Petroleum Corp. Sold out 0.00% −0.07
CECO Ceco Environmental Corp. Reduce -27.7% 0.18% −0.07
PEBO Peoples Bancorp Inc. Reduce -0.4% 0.22% −0.06
UTL Unitil Corp. Reduce -4.9% 0.32% −0.06
ARAY Accuray Inc. Reduce -0.4% 0.19% −0.06
LBAI Lakeland Bancorp Inc. Reduce -0.5% 0.14% −0.06
AGM Federal Agric MTG Corp. Class C Reduce -2.5% 0.40% −0.05
IBCP Independent Bank Corp. - Mich Reduce -0.5% 0.29% −0.05
MTX Minerals Technologies Inc. Reduce -3.9% 0.42% −0.05
CRD.A Crawford & Company Class A Reduce -0.5% 0.08% −0.05
SPOK Spok Holdings Inc. Reduce -2.3% 0.37% −0.04
HCC Warrior Met Coal Inc. Reduce -1.1% 0.30% −0.04
ODC Oil-Dri Corp. of America Reduce -12.3% 0.27% −0.04
CHCT Community Healthcare Trust I Reduce -7.0% 0.19% −0.04
FRST Primis Financial Corp. Reduce -0.4% 0.23% −0.04

Portfolio Buys Q4 2023 → Q1 2024
CI The Cigna Group New 0.93% +0.93
MDT Medtronic PLC New 0.76% +0.76
LYB Lyondellbasell Indu Class A Add +144.3% 1.22% +0.70
QCOM Qualcomm Inc. New 0.68% +0.68
VZ Verizon Communications Inc. Add +57.0% 1.80% +0.64
DAL Delta Air Lines Inc. Add +19.9% 1.77% +0.37
CAT Caterpillar Inc. Add +14.1% 1.56% +0.32
GS Goldman Sachs Group Inc. Add +43.6% 1.00% +0.27
SM SM Energy Co. Add +1733.5% 0.27% +0.26
C Citigroup Inc. Add +3.6% 2.24% +0.26
GSK GSK PLC-Spon ADR Add +47.7% 0.75% +0.26
OZK Bank Ozk New 0.23% +0.23
HOV Hovnanian Enterprises-A New 0.23% +0.23
PENG Penguin Solutions Inc. Add +29.4% 0.60% +0.22
PKG Packaging Corp. of America Add +46.0% 0.62% +0.21
ALKS Alkermes PLC New 0.21% +0.21
LGTY Logility Supply Chain Soluti New 0.21% +0.21
GNK Genco Shipping & Trading Ltd. New 0.20% +0.20
HIG Hartford Insurance Group Inc. Add +3.3% 1.30% +0.19
GILT Gilat Satellite Networks Ltd. New 0.19% +0.19
LEN Lennar Corp. Class A Add +20.7% 0.98% +0.19
JNJ Johnson & Johnson Add +29.1% 1.31% +0.18
WAFD Wafd Inc. Add +113.8% 0.41% +0.16
EXE Expand Energy Corp. Add +17.7% 0.94% +0.16
EGY Vaalco Energy Inc. Add +12.0% 0.37% +0.13
GES Guess? Inc. Add +11.3% 0.48% +0.12
ALV Autoliv Inc. Add +16.2% 1.03% +0.11
IRWD Ironwood Pharmaceuticals Inc. New 0.11% +0.11
SEM Select Medical Holdings Corp. Add +9.6% 0.54% +0.11
AMP Ameriprise Financial Inc. Add +3.1% 1.97% +0.10
PBF PBF Energy Inc. Class A Add +24.9% 0.32% +0.10
PSTL Postal Realty Trust Inc. Class A Add +87.8% 0.25% +0.10
HDSN Hudson Technologies Inc. Add +81.0% 0.40% +0.09
INBK First Internet Bancorp Add +56.6% 0.18% +0.09
KELYA Kelly Services Inc. Class A Add +75.3% 0.20% +0.09
PRIM Primoris Services Corp. Add +11.3% 0.42% +0.09
MRK Merck & Co. Inc. Add +3.3% 0.90% +0.09
HBM Hudbay Minerals Inc. Add +11.3% 0.44% +0.09
AXS Axis Capital Holdings Ltd. Add +35.6% 0.30% +0.09
PRU Prudential Financial Inc. Add +3.1% 2.35% +0.08
ELTK Eltek Ltd. New 0.07% +0.07
USAP Universal Stainless & Alloy Add +48.3% 0.23% +0.07
EMR Emerson Electric Co. Add +3.1% 1.14% +0.07
SBOW Silverbow Resources Inc. Add +26.2% 0.28% +0.07
IBM Intl Business Machines Corp. Add +2.7% 1.07% +0.06
HEES H&E Equipment Services Inc. Add +15.9% 0.30% +0.06
KBH KB Home Add +17.8% 0.39% +0.06
CMCO Columbus McKinnon Corp. Add +23.9% 0.29% +0.06
MTG Mgic Investment Corp. Add +11.8% 0.45% +0.06
STNG Scorpio Tankers Inc. Add +11.7% 0.39% +0.06

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q1 2025 259$1.9BJPM, VZ, DUK, C, SHEL
Q4 2024 269$2.0BJPM, C, VZ, PRU, DAL
Q3 2024 284$2.0BJPM, C, VZ, DAL, PRU
Q2 2024 283$1.9BJPM, C, SHEL, VZ, PRU
Q1 2024 293$1.9BJPM, PRU, C, AMP, VZ