Foundry Partners, LLC

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 8, 2024), Foundry Partners, LLC reported 284 stock positions worth $2.0 billion. Its top holding was JPMorgan Chase (JPM) at 2.6% of the portfolio, followed by Citigroup (C, 2.2%) and Verizon Communications (VZ, 2.1%). Compared with Q2 2024, it opened 64 new positions, sold out of 63, added to 121 and reduced 99. The biggest buy was a new position in Sempra (SRE) and the biggest sale an exit from Chevron (CVX).

Most Recent 13F
Q1 2025
Location
MINNEAPOLIS, MN
CIK
0001573913
Portfolio Value
$2.0B (Q3 2024)
SEC Filing
0001573913-24-000007 ↗ filed Nov 8, 2024

Holdings Value

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

Holdings 284 stocks · $2.0B
JPM JPMorgan Chase & Co. 2.57% 246,265 $51.9M Reduce -0.6%
C Citigroup Inc. 2.20% 711,426 $44.5M Reduce -0.5%
VZ Verizon Communications Inc. 2.10% 943,678 $42.4M Add +8.6%
DAL Delta Air Lines Inc. 1.74% 691,322 $35.1M Reduce -0.6%
PRU Prudential Financial Inc. 1.71% 284,501 $34.5M Reduce -0.6%
CAT Caterpillar Inc. 1.68% 86,576 $33.9M Reduce -0.6%
JNJ Johnson & Johnson 1.65% 206,253 $33.4M Reduce -0.6%
SHEL Shell PLC-ADR 1.64% 502,088 $33.1M Reduce -0.7%
SPG Simon Property Group Inc. 1.59% 190,378 $32.2M Reduce -7.2%
URI United Rentals Inc. 1.58% 39,456 $31.9M Reduce -0.6%
DUK Duke Energy Corp. 1.58% 276,562 $31.9M Reduce -10.2%
MO Altria Group Inc. 1.43% 564,897 $28.8M Reduce -0.6%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 1.37% 385,082 $27.7M Reduce -0.5%
EBAY eBay Inc. 1.35% 417,889 $27.2M Reduce -0.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.33% 121,810 $26.9M Reduce -8.3%
HIG Hartford Insurance Group Inc. 1.22% 209,575 $24.6M Reduce -0.5%
CMI Cummins Inc. 1.21% 75,710 $24.5M Reduce -0.5%
MDT Medtronic PLC 1.19% 267,632 $24.1M Reduce -0.5%
ELV Elevance Health Inc. 1.19% 46,265 $24.1M Reduce -0.5%
KR Kroger Co. 1.15% 404,055 $23.2M Add +14.1%
GS Goldman Sachs Group Inc. 1.09% 44,615 $22.1M Reduce -0.7%
AMP Ameriprise Financial Inc. 1.04% 44,779 $21.0M Reduce -0.7%
ABBV Abbvie Inc. 1.01% 103,782 $20.5M Reduce -0.7%
EMR Emerson Electric Co. 1.01% 187,258 $20.5M Reduce -0.6%
AES AES Corp. 0.97% 975,499 $19.6M Add +23.5%
SYF Synchrony Financial 0.95% 385,450 $19.2M Add +25.4%
SRE Sempra 0.90% 216,805 $18.1M New
EOG EOG Resources Inc. 0.84% 137,994 $17.0M Reduce -15.0%
CCEP Coca-Cola Europacific Partne 0.82% 211,516 $16.7M Reduce -0.6%
CI The Cigna Group 0.82% 47,579 $16.5M Reduce -0.5%
GSK GSK PLC-Spon ADR 0.79% 392,496 $16.0M Reduce -0.6%
UHS Universal Health Services-B 0.79% 69,706 $16.0M Reduce -0.4%
CSCO Cisco Systems Inc. 0.79% 298,975 $15.9M New
MRK Merck & Co. Inc. 0.79% 139,682 $15.9M Reduce -0.5%
LYB Lyondellbasell Indu Class A 0.77% 163,204 $15.7M Reduce -0.6%
TSN Tyson Foods Inc. Class A 0.77% 261,282 $15.6M Reduce -0.5%
PKG Packaging Corp. of America 0.77% 71,868 $15.5M Reduce -0.5%
WPC WP Carey Inc. 0.75% 242,179 $15.1M Reduce -0.5%
AMAT Applied Materials Inc. 0.75% 74,608 $15.1M Reduce -15.8%
FOXA Fox Corp. Class A 0.72% 342,355 $14.5M Reduce -0.5%
NEM Newmont Corp. 0.70% 263,437 $14.1M Reduce -0.5%
DRI Darden Restaurants Inc. 0.69% 84,610 $13.9M Reduce -0.7%
PSX Phillips 66 0.68% 105,120 $13.8M Reduce -0.5%
NTAP Netapp Inc. 0.67% 109,278 $13.5M Reduce -0.5%
QCOM Qualcomm Inc. 0.64% 75,524 $12.8M Reduce -0.5%
GSL Global Ship Lease Inc. Class A 0.63% 475,956 $12.7M Add +45.2%
DOC Healthpeak Properties Inc. 0.62% 551,040 $12.6M Reduce -0.6%
RTX RTX Corp. 0.61% 101,565 $12.3M Reduce -0.5%
PENG Penguin Solutions Inc. filed as SMART GLOBAL HLDGS INC 0.60% 574,886 $12.0M Add +22.4%
BDC Belden Inc. 0.58% 100,862 $11.8M New
HOV Hovnanian Enterprises-A 0.53% 52,809 $10.8M Add +53.4%
ORCL Oracle Corp. 0.52% 62,123 $10.6M Reduce -18.6%
AGI Alamos Gold Inc. Class A 0.51% 521,683 $10.4M Add +0.5%
CVLG Covenant Logistics Group Inc. 0.51% 196,303 $10.4M Add +6.2%
ENVA Enova International Inc. 0.51% 122,756 $10.3M Add +1.1%
ASC Ardmore Shipping Corp. 0.51% 565,300 $10.2M Add +217.5%
AVA Avista Corp. 0.50% 260,015 $10.1M New
EVH Evolent Health Inc. Class A 0.50% 355,098 $10.0M New
UGI Ugi Corp. 0.48% 383,680 $9.6M New
PEGA Pegasystems Inc. 0.47% 130,891 $9.6M New
ALV Autoliv Inc. 0.46% 99,437 $9.3M Reduce -0.5%
PK Park Hotels & Resorts Inc. 0.46% 655,202 $9.2M New
HCSG Healthcare Services Group 0.45% 807,031 $9.0M Add +86.5%
IBOC International Bancshares CRP 0.44% 149,468 $8.9M New
RNG Ringcentral Inc. Class A 0.44% 280,920 $8.9M New
CUZ Cousins Properties Inc. 0.44% 301,091 $8.9M New
LEN Lennar Corp. Class A 0.43% 46,327 $8.7M Reduce -0.5%
CASH Pathward Financial Inc. 0.43% 131,458 $8.7M Add +59.3%
SEM Select Medical Holdings Corp. 0.42% 245,860 $8.6M Add +3.6%
AHCO Adapthealth Corp. 0.42% 755,207 $8.5M Add +60.5%
TPB Turning Point Brands Inc. 0.41% 191,253 $8.3M Reduce -10.8%
WU Western Union Co. 0.40% 681,002 $8.1M New
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.40% 84,072 $8.1M Reduce -0.5%
NWPX NWPX Infrastructure Inc. filed as NORTHWEST PIPE CO 0.39% 176,085 $7.9M Add +0.1%
PHIN Phinia Inc. 0.39% 171,864 $7.9M New
OGN Organon & Co. 0.38% 399,494 $7.6M New
WSR Whitestone REIT 0.37% 558,383 $7.6M Reduce -42.6%
CATY Cathay General Bancorp 0.37% 174,453 $7.5M New
CMBT CMB Tech NV filed as EURONAV NV 0.37% 444,130 $7.4M New
DCO Ducommun Inc. 0.36% 109,843 $7.2M Add +0.2%
AQN Algonquin Power & Utilities 0.36% 1,316,066 $7.2M New
PRGO Perrigo Co. PLC 0.35% 271,090 $7.1M New
YOU Clear Secure Inc. Class A 0.35% 213,815 $7.1M Add +667.5%
APLE Apple Hospitality REIT Inc. 0.35% 474,672 $7.0M Add +29.6%
AGM Federal Agric MTG Corp. Class C 0.35% 37,605 $7.0M Add +0.9%
IBCP Independent Bank Corp. - Mich 0.35% 210,870 $7.0M Add +0.9%
DCOM Dime Commercial Bancshares I filed as DIME CMNTY BANCSHARES INC 0.35% 242,027 $7.0M Add +19.3%
WTTR Select Water Solutions Inc. 0.34% 622,755 $6.9M Add +29.8%
UTL Unitil Corp. 0.34% 113,925 $6.9M Add +1.2%
EGY Vaalco Energy Inc. 0.34% 1,200,474 $6.9M Add +156.8%
BBSI Barrett Business SVCS Inc. 0.34% 180,995 $6.8M Add +1.0%
CHRD Chord Energy Corp. 0.34% 52,009 $6.8M Add +22.7%
VRN Veren Inc. 0.33% 1,094,910 $6.7M New
EFSC Enterprise Financial Service 0.33% 130,869 $6.7M Add +1856.8%
PAAS Pan American Silver Corp. 0.33% 320,069 $6.7M Add +22.7%
SPOK Spok Holdings Inc. filed as SPOK HLDGS INC 0.33% 437,255 $6.6M Add +0.9%
SHOE Shoe Station Group Inc. filed as SHOE CARNIVAL INC 0.33% 149,735 $6.6M Add +0.6%
GNK Genco Shipping & Trading Ltd. 0.32% 336,460 $6.6M Add +41.2%
MUR Murphy Oil Corp. 0.32% 193,060 $6.5M Add +20.7%
SM SM Energy Co. 0.32% 162,160 $6.5M Add +26.0%

Show all 284 holdings

Portfolio Sells Q2 2024 → Q3 2024
CVX Chevron Corp. Sold out 0.00% −1.55
NFG National Fuel Gas Co. Sold out 0.00% −0.60
HWC Hancock Whitney Corp. Sold out 0.00% −0.55
CXT Crane NXT Co. Sold out 0.00% −0.47
STNG Scorpio Tankers Inc. Sold out 0.00% −0.47
SANM Sanmina Corp. Sold out 0.00% −0.47
MTG Mgic Investment Corp. Sold out 0.00% −0.46
NMRK Newmark Group Inc. Class A Sold out 0.00% −0.46
GPI Group 1 Automotive Inc. Sold out 0.00% −0.45
VSH Vishay Intertechnology Inc. Reduce -95.2% 0.02% −0.44
MTX Minerals Technologies Inc. Sold out 0.00% −0.41
ALSN Allison Transmission Holding Sold out 0.00% −0.41
ASB Associated Banc-Corp. Sold out 0.00% −0.39
KBH KB Home Reduce -94.4% 0.03% −0.39
AMAT Applied Materials Inc. Reduce -15.8% 0.75% −0.38
SASR Sandy Spring Bancorp Inc. Sold out 0.00% −0.37
PLAB Photronics Inc. Sold out 0.00% −0.36
ADEA Adeia Inc. Sold out 0.00% −0.36
ONB Old National Bancorp Reduce -93.1% 0.03% −0.36
HI Hillenbrand Inc. Sold out 0.00% −0.36
HBM Hudbay Minerals Inc. Sold out 0.00% −0.35
ESRT Empire State Realty Trust-A Sold out 0.00% −0.35
DAC Danaos Corp. Sold out 0.00% −0.35
AXS Axis Capital Holdings Ltd. Sold out 0.00% −0.34
COKE Coca-Cola Consolidated Inc. Reduce -92.4% 0.03% −0.33
SWI Solarwinds Corp. Sold out 0.00% −0.33
HCC Warrior Met Coal Inc. Sold out 0.00% −0.33
WSR Whitestone REIT Reduce -42.6% 0.37% −0.32
SHEL Shell PLC-ADR Reduce -0.7% 1.64% −0.32
SAIC Science Applications Inte Sold out 0.00% −0.31
VET Vermilion Energy Inc. Sold out 0.00% −0.28
GNW Genworth Financial Inc. Sold out 0.00% −0.27
ABG Asbury Automotive Group Sold out 0.00% −0.27
SON Sonoco Products Co. Sold out 0.00% −0.27
MOG.A Moog Inc. Class A Reduce -93.7% 0.02% −0.27
LBRT Liberty Energy Inc. Sold out 0.00% −0.27
BLMN Bloomin' Brands Inc. Sold out 0.00% −0.27
WAFD Wafd Inc. Reduce -67.3% 0.15% −0.26
EOG EOG Resources Inc. Reduce -15.0% 0.84% −0.26
ST Sensata Technologies Holdplc Sold out 0.00% −0.25
CEG Constellation Energy Sold out 0.00% −0.25
SPNS Sapiens International Corp. Sold out 0.00% −0.25
ACT Enact Holdings Inc. Sold out 0.00% −0.24
ECVT Ecovyst Inc. Sold out 0.00% −0.24
UFPI Ufp Industries Inc. Sold out 0.00% −0.23
TKR Timken Co. Reduce -51.6% 0.21% −0.23
MMS Maximus Inc. Sold out 0.00% −0.23
C Citigroup Inc. Reduce -0.5% 2.20% −0.23
SPH Suburban Propane Partners LP Sold out 0.00% −0.23
HDSN Hudson Technologies Inc. Reduce -41.8% 0.23% −0.22

Portfolio Buys Q2 2024 → Q3 2024
SRE Sempra New 0.90% +0.90
CSCO Cisco Systems Inc. New 0.79% +0.79
BDC Belden Inc. New 0.58% +0.58
AVA Avista Corp. New 0.50% +0.50
EVH Evolent Health Inc. Class A New 0.50% +0.50
UGI Ugi Corp. New 0.48% +0.48
PEGA Pegasystems Inc. New 0.47% +0.47
PK Park Hotels & Resorts Inc. New 0.46% +0.46
IBOC International Bancshares CRP New 0.44% +0.44
RNG Ringcentral Inc. Class A New 0.44% +0.44
CUZ Cousins Properties Inc. New 0.44% +0.44
WU Western Union Co. New 0.40% +0.40
PHIN Phinia Inc. New 0.39% +0.39
OGN Organon & Co. New 0.38% +0.38
CATY Cathay General Bancorp New 0.37% +0.37
CMBT CMB Tech NV New 0.37% +0.37
AQN Algonquin Power & Utilities New 0.36% +0.36
PRGO Perrigo Co. PLC New 0.35% +0.35
VRN Veren Inc. New 0.33% +0.33
YOU Clear Secure Inc. Class A Add +667.5% 0.35% +0.32
EFSC Enterprise Financial Service Add +1856.8% 0.33% +0.32
NXRT Nexpoint Residential New 0.31% +0.31
TNK Teekay Tankers Ltd. Class A New 0.30% +0.30
OFG Ofg Bancorp New 0.30% +0.30
ASC Ardmore Shipping Corp. Add +217.5% 0.51% +0.29
HOV Hovnanian Enterprises-A Add +53.4% 0.53% +0.27
PSFE Paysafe Ltd. New 0.27% +0.27
SNEX Stonex Group Inc. New 0.26% +0.26
KN Knowles Corp. New 0.26% +0.26
ACH Accendra Health Inc. New 0.26% +0.26
NWN Northwest Natural Holding Co. New 0.25% +0.25
PLGO Pelagos Insurance Capital LT New 0.25% +0.25
MBC Masterbrand Inc. New 0.25% +0.25
HRI Herc Holdings Inc. New 0.24% +0.24
ENS Enersys New 0.23% +0.23
OEC Orion SA New 0.23% +0.23
MDU Mdu Resources Group Inc. New 0.23% +0.23
AES AES Corp. Add +23.5% 0.97% +0.22
TILE Interface Inc. New 0.21% +0.21
GTES Gates Industrial Corp. UK Ltd. New 0.21% +0.21
MAN Manpowergroup Inc. New 0.21% +0.21
APOG Apogee Enterprises Inc. New 0.21% +0.21
VMI Valmont Industries New 0.21% +0.21
DNOW Dnow Inc. Add +832.0% 0.23% +0.21
DAKT Daktronics Inc. New 0.20% +0.20
HCSG Healthcare Services Group Add +86.5% 0.45% +0.20
CMRE Costamare Inc. New 0.20% +0.20
CSGS CSG Systems Intl Inc. New 0.20% +0.20
KOP Koppers Holdings Inc. New 0.20% +0.20
KR Kroger Co. Add +14.1% 1.15% +0.20

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