# Foundry Partners, LLC

> Institutional holdings reported to the SEC as of Q1 2025 on Form 13F. CIK 1573913. Source: https://holderbook.com/funds/1573913-foundry-partners-llc/

- Reported value: $1.9B
- Positions: 259
- Weight of the ten largest: 17.9%
- Filed: 2025-05-05

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $45.7M | 186,466 | 2.4% | 26 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $40.3M | 887,684 | 2.1% | 26 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $40.2M | 329,922 | 2.1% | 8 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $33.8M | 475,688 | 1.8% | 26 |
| SHELL PLC | [SHEL](https://holderbook.com/stocks/SHEL/) | $33.4M | 456,454 | 1.8% | 13 |
| BANK OF NY MELLON CORP | [BNY](https://holderbook.com/stocks/BNY/) | $30.3M | 360,999 | 1.6% | 20 |
| HARTFORD INSURANCE GROUP INC | [HIG](https://holderbook.com/stocks/HIG/) | $30.1M | 243,299 | 1.6% | 11 |
| SIMON PPTY GROUP INC NEW | [SPG](https://holderbook.com/stocks/SPG/) | $28.8M | 173,571 | 1.5% | 16 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $27.5M | 458,533 | 1.5% | 23 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $27.4M | 87,375 | 1.4% | 4 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $25.6M | 103,066 | 1.4% | 12 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $25.4M | 46,470 | 1.3% | 26 |
| PRUDENTIAL FINL INC | [PRU](https://holderbook.com/stocks/PRU/) | $25.0M | 223,738 | 1.3% | 26 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $23.7M | 71,897 | 1.3% | 26 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $23.5M | 385,025 | 1.2% | 2 |
| EBAY INC. | [EBAY](https://holderbook.com/stocks/EBAY/) | $23.4M | 345,523 | 1.2% | 4 |
| UNITED RENTALS INC | [URI](https://holderbook.com/stocks/URI/) | $23.2M | 37,019 | 1.2% | 21 |
| KROGER CO | [KR](https://holderbook.com/stocks/KR/) | $23.1M | 341,002 | 1.2% | 26 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $22.8M | 253,879 | 1.2% | 5 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $22.3M | 361,577 | 1.2% | 3 |
| US BANCORP | [USB](https://holderbook.com/stocks/USB/) | $21.7M | 514,985 | 1.2% | 1 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $21.2M | 127,724 | 1.1% | 17 |
| FOX CORP | [FOXA](https://holderbook.com/stocks/FOXA/) | $20.7M | 364,937 | 1.1% | 4 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $20.4M | 97,354 | 1.1% | 20 |
| AMERIPRISE FINL INC | [AMP](https://holderbook.com/stocks/AMP/) | $20.3M | 41,911 | 1.1% | 26 |
| SYNCHRONY FINANCIAL | [SYF](https://holderbook.com/stocks/SYF/) | $19.7M | 372,585 | 1.0% | 4 |
| EOG RES INC | [EOG](https://holderbook.com/stocks/EOG/) | $19.4M | 151,212 | 1.0% | 5 |
| DARDEN RESTAURANTS INC | [DRI](https://holderbook.com/stocks/DRI/) | $19.4M | 93,293 | 1.0% | 10 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $19.2M | 175,239 | 1.0% | 14 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $19.0M | 748,723 | 1.0% | 2 |
| HEALTHPEAK PROPERTIES INC | [DOC](https://holderbook.com/stocks/DOC/) | $18.9M | 934,894 | 1.0% | 4 |
| DELTA AIR LINES INC | [DAL](https://holderbook.com/stocks/DAL/) | $17.9M | 411,681 | 1.0% | 9 |
| MOSAIC CO | [MOS](https://holderbook.com/stocks/MOS/) | $17.8M | 657,808 | 0.9% | 2 |
| COTERRA ENERGY INC | [CTRA](https://holderbook.com/stocks/CTRA/) | $17.7M | 613,773 | 0.9% | 2 |
| QUEST DIAGNOSTICS INC | [DGX](https://holderbook.com/stocks/DGX/) | $17.3M | 102,473 | 0.9% | 2 |
| AES CORP | [AES](https://holderbook.com/stocks/AES/) | $16.8M | 1,349,118 | 0.9% | 23 |
| BAKER HUGHES COMPANY | [BKR](https://holderbook.com/stocks/BKR/) | $16.4M | 374,053 | 0.9% | 2 |
| ELEVANCE HEALTH INC FORMERLY | [ELV](https://holderbook.com/stocks/ELV/) | $16.0M | 36,778 | 0.8% | 20 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $15.2M | 115,007 | 0.8% | 8 |
| WP CAREY INC | [WPC](https://holderbook.com/stocks/WPC/) | $14.8M | 234,344 | 0.8% | 13 |
| THE CIGNA GROUP | [CI](https://holderbook.com/stocks/CI/) | $14.7M | 44,580 | 0.8% | 5 |
| TYSON FOODS INC | [TSN](https://holderbook.com/stocks/TSN/) | $13.4M | 210,235 | 0.7% | 4 |
| COCA-COLA EUROPACIFIC PARTNE | [CCEP](https://holderbook.com/stocks/CCEP/) | $13.1M | 150,340 | 0.7% | 10 |
| PATHWARD FINANCIAL INC | [CASH](https://holderbook.com/stocks/CASH/) | $12.9M | 176,606 | 0.7% | 4 |
| HANCOCK WHITNEY CORPORATION | [HWC](https://holderbook.com/stocks/HWC/) | $12.6M | 239,625 | 0.7% | 2 |
| PENGUIN SOLUTIONS INC | [PENGXXXX](https://holderbook.com/stocks/PENGXXXX/) | $12.0M | 690,214 | 0.6% | 20 |
| NEWMONT CORP | [NEM](https://holderbook.com/stocks/NEM/) | $11.9M | 246,867 | 0.6% | 8 |
| GLOBAL SHIP LEASE INC | [GSL](https://holderbook.com/stocks/GSL/) | $11.7M | 511,215 | 0.6% | 23 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $11.2M | 73,235 | 0.6% | 5 |
| COUSINS PPTYS INC | [CUZ](https://holderbook.com/stocks/CUZ/) | $11.2M | 379,264 | 0.6% | 3 |
| INTERNATIONAL BANCSHARES COR | [IBOC](https://holderbook.com/stocks/IBOC/) | $10.9M | 172,715 | 0.6% | 3 |
| SEMPRA | [SRE](https://holderbook.com/stocks/SRE/) | $10.8M | 150,712 | 0.6% | 3 |
| JAZZ PHARMACEUTICALS PLC | [JAZZ](https://holderbook.com/stocks/JAZZ/) | $10.7M | 86,429 | 0.6% | 4 |
| ENOVA INTL INC | [ENVA](https://holderbook.com/stocks/ENVA/) | $10.3M | 106,998 | 0.5% | 9 |
| NUCOR CORP | [NUE](https://holderbook.com/stocks/NUE/) | $10.2M | 84,935 | 0.5% | 1 |
| COVENANT LOGISTICS GROUP INC | [CVLG](https://holderbook.com/stocks/CVLG/) | $9.6M | 434,073 | 0.5% | 9 |
| OFG BANCORP | [OFG](https://holderbook.com/stocks/OFG/) | $9.6M | 240,512 | 0.5% | 3 |
| AVISTA CORP | [AVA](https://holderbook.com/stocks/AVA/) | $9.4M | 225,503 | 0.5% | 3 |
| ENTERPRISE FINL SVCS CORP | [EFSC](https://holderbook.com/stocks/EFSC/) | $9.4M | 174,120 | 0.5% | 5 |
| PHINIA INC | [PHIN](https://holderbook.com/stocks/PHIN/) | $9.2M | 216,488 | 0.5% | 3 |
| STONEX GROUP INC | [SNEX](https://holderbook.com/stocks/SNEX/) | $9.1M | 118,834 | 0.5% | 3 |
| UGI CORP NEW | [UGI](https://holderbook.com/stocks/UGI/) | $8.9M | 268,210 | 0.5% | 3 |
| ADAPTHEALTH CORP | [AHCO](https://holderbook.com/stocks/AHCO/) | $8.8M | 815,036 | 0.5% | 4 |
| VEREN INC | [VRN](https://holderbook.com/stocks/VRN/) | $8.7M | 1,308,934 | 0.5% | 3 |
| CATHAY GEN BANCORP | [CATY](https://holderbook.com/stocks/CATY/) | $8.4M | 194,276 | 0.4% | 3 |
| PORTLAND GEN ELEC CO | [POR](https://holderbook.com/stocks/POR/) | $8.1M | 182,249 | 0.4% | 4 |
| WHITESTONE REIT | [WSR](https://holderbook.com/stocks/WSR/) | $8.1M | 557,312 | 0.4% | 7 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $7.9M | 56,847 | 0.4% | 19 |
| NETAPP INC | [NTAP](https://holderbook.com/stocks/NTAP/) | $7.5M | 85,140 | 0.4% | 4 |
| APPLE HOSPITALITY REIT INC | [APLE](https://holderbook.com/stocks/APLE/) | $7.3M | 567,462 | 0.4% | 21 |
| NEXPOINT RESIDENTIAL TR INC | [NXRT](https://holderbook.com/stocks/NXRT/) | $7.2M | 181,488 | 0.4% | 3 |
| FEDERAL AGRIC MTG CORP | [AGM](https://holderbook.com/stocks/AGM/) | $7.0M | 37,380 | 0.4% | 20 |
| HOVNANIAN ENTERPRISES INC | [HOV](https://holderbook.com/stocks/HOV/) | $7.0M | 66,520 | 0.4% | 5 |
| KEMPER CORP | [KMPR](https://holderbook.com/stocks/KMPR/) | $7.0M | 104,169 | 0.4% | 10 |
| HAWAIIAN ELEC INDS INC MTN B | [HE](https://holderbook.com/stocks/HE/) | $6.9M | 630,589 | 0.4% | 1 |
| MINERALS TECHNOLOGIES INC | [MTX](https://holderbook.com/stocks/MTX/) | $6.9M | 108,102 | 0.4% | 2 |
| PARK HOTELS & RESORTS INC | [PK](https://holderbook.com/stocks/PK/) | $6.9M | 641,808 | 0.4% | 3 |
| NORTHEAST BK PORTLAND ME | [NBN](https://holderbook.com/stocks/NBN/) | $6.7M | 73,497 | 0.4% | 24 |
| HEALTHCARE SVCS GROUP INC | [HCSG](https://holderbook.com/stocks/HCSG/) | $6.7M | 665,307 | 0.4% | 8 |
| DIME COML BANCSHARES INC | [DCOM](https://holderbook.com/stocks/DCOM/) | $6.7M | 240,186 | 0.4% | 17 |
| UNITIL CORP | [UTL](https://holderbook.com/stocks/UTL/) | $6.7M | 115,875 | 0.4% | 26 |
| DNOW INC | [DNOW](https://holderbook.com/stocks/DNOW/) | $6.7M | 390,739 | 0.4% | 4 |
| BELDEN INC | [BDC](https://holderbook.com/stocks/BDC/) | $6.6M | 65,967 | 0.4% | 3 |
| AVNET INC | [AVT](https://holderbook.com/stocks/AVT/) | $6.6M | 136,522 | 0.3% | 2 |
| IMAX CORP | [IMAX](https://holderbook.com/stocks/IMAX/) | $6.6M | 249,120 | 0.3% | 22 |
| MURPHY OIL CORP | [MUR](https://holderbook.com/stocks/MUR/) | $6.6M | 230,797 | 0.3% | 18 |
| SM ENERGY COMPANY | [SM](https://holderbook.com/stocks/SM/) | $6.5M | 218,150 | 0.3% | 7 |
| INDEPENDENT BK CORP MICH | [IBCP](https://holderbook.com/stocks/IBCP/) | $6.5M | 211,845 | 0.3% | 26 |
| PAN AMERN SILVER CORP | [PAAS](https://holderbook.com/stocks/PAAS/) | $6.5M | 251,330 | 0.3% | 12 |
| KNOWLES CORP | [KN](https://holderbook.com/stocks/KN/) | $6.4M | 424,017 | 0.3% | 3 |
| NORTHWEST NAT HLDG CO | [NWN](https://holderbook.com/stocks/NWN/) | $6.4M | 150,438 | 0.3% | 3 |
| PELAGOS INS CAP LTD | [PLGO](https://holderbook.com/stocks/PLGO/) | $6.4M | 395,946 | 0.3% | 3 |
| RINGCENTRAL INC | [RNG](https://holderbook.com/stocks/RNG/) | $6.4M | 258,054 | 0.3% | 3 |
| AMERIS BANCORP | [ABCB](https://holderbook.com/stocks/ABCB/) | $6.4M | 110,911 | 0.3% | 2 |
| NWPX INFRASTRUCTURE INC | [NWPX](https://holderbook.com/stocks/NWPX/) | $6.3M | 152,745 | 0.3% | 26 |
| DAKTRONICS INC | [DAKT](https://holderbook.com/stocks/DAKT/) | $6.3M | 516,046 | 0.3% | 3 |
| BARRETT BUSINESS SVCS INC | [BBSI](https://holderbook.com/stocks/BBSI/) | $6.2M | 151,600 | 0.3% | 26 |
| ENERSYS | [ENS](https://holderbook.com/stocks/ENS/) | $6.2M | 67,374 | 0.3% | 3 |
| TUTOR PERINI CORP | [TPC](https://holderbook.com/stocks/TPC/) | $6.1M | 263,844 | 0.3% | 18 |
| CENTURY ALUM CO | [CENX](https://holderbook.com/stocks/CENX/) | $6.1M | 327,421 | 0.3% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q1 2025 | -1.9% | -4.6% | +2.6% | 100% |
| Q4 2024 | -2.7% | +2.1% | -4.8% | 100% |
| Q3 2024 | +7.9% | +5.4% | +2.5% | 100% |
| Q2 2024 | -2.3% | +4.0% | -6.4% | 100% |
| Q1 2024 | +8.5% | +10.0% | -1.5% | 100% |
| Q4 2023 | +9.5% | +11.2% | -1.7% | 100% |
| Q3 2023 | -2.8% | -3.6% | +0.8% | 100% |
| Q2 2023 | +3.1% | +8.3% | -5.2% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q1 2025 | $1.9B | 259 |
| Q4 2024 | $2.0B | 269 |
| Q3 2024 | $2.0B | 284 |
| Q2 2024 | $1.9B | 283 |
| Q1 2024 | $1.9B | 293 |
| Q4 2023 | $1.7B | 290 |
| Q3 2023 | $1.6B | 289 |
| Q2 2023 | $1.6B | 312 |
| Q1 2023 | $1.6B | 311 |
| Q4 2022 | $1.8B | 304 |
| Q3 2022 | $1.6B | 316 |
| Q2 2022 | $1.7B | 302 |