Drummond Knight Asset Management Pty Ltd
Drummond Knight Asset Management Pty Ltd reported 13 US-listed holdings worth $541.4 million in its 13F for the quarter ended 30 September 2026, filed 26 October 2026. Its largest: Freeport-McMoRan Inc. (11.8%), Teck Resources Ltd (11.1%) and Ecolab Inc. (10.8%). Against the quarter before, it opened 3 positions, added to 5, trimmed 5 and sold out of 6.
The 13 largest of its 13 positions, each sized by its share of the reported holdings, coloured by the change in shares against Q2 2026.
What the fund reported holding at each quarter's end; hover a bar for the number of positions
What its reported holdings returned
Held through each quarter, the holdings it reported returned +34.6% over the 7 quarters to 30 September 2026, against +30.1% for the S&P 500.
Not the fund's own return: each 13F's holdings are kept unchanged until the next one, so trades inside a quarter, dividends, cash and fees are left out. A rough guide to how its picks have done over time.
What it did on the quarter
Its positions against its 13F for the quarter to 30 June 2026; a change under 0.1% of a position counts as held
Opened 3
- Corteva, Inc. CTVA$54.5 million
- EQT Corp. EQT$19.4 million
- Amrize Ltd AMRZ$9.9 million
Added to 5
- DuPont de Nemours, Inc. DD+237,639 shares · +342%
- Chevron Corp. CVX+88,026 shares · +53%
- Teck Resources Ltd TECK+162,202 shares · +22%
- Cameco Corp. CCJ+106,157 shares · +143%
- Ecolab Inc. ECL+10,024 shares · +5%
Trimmed 5
- Freeport-McMoRan Inc. FCX-243,026 shares · -21%
- SLB Limited SLB-165,372 shares · -16%
- Linde plc LIN-15,484 shares · -17%
- Agnico Eagle Mines Ltd AEM-25,636 shares · -10%
- Devon Energy Corp. DVN-101,197 shares · -9%
Sold out of 6
- Nutrien Ltd. NTR$53.4 million last quarter
- PPG Industries Inc. PPG$41.6 million last quarter
- Alcoa Corp. AA$20.1 million last quarter
- Diamondback Energy, Inc. FANG$19.3 million last quarter
- Century Aluminum Co. CENX$7.5 million last quarter
- Nexgen Energy Ltd NXE$2.9 million last quarter
What it holds
| Company | Shares | Value | Of its book | Change in shares |
|---|---|---|---|---|
| Freeport-McMoRan Inc. FCX | 913.3K | $63.9 million | 11.81% | -243.0K |
| Teck Resources Ltd TECK | 916.2K | $60.3 million | 11.13% | +162.2K |
| Ecolab Inc. ECL | 213.8K | $58.7 million | 10.84% | +10.0K |
| Corteva, Inc. CTVA | 702.1K | $54.5 million | 10.07% | new |
| Chevron Corp. CVX | 252.7K | $51.6 million | 9.53% | +88.0K |
| Devon Energy Corp. DVN | 1.0M | $47.3 million | 8.73% | -101.2K |
| SLB Limited SLB | 877.7K | $42.8 million | 7.90% | -165.4K |
| Agnico Eagle Mines Ltd AEM | 229.4K | $42.0 million | 7.76% | -25.6K |
| DuPont de Nemours, Inc. DD | 307.2K | $39.9 million | 7.37% | +237.6K |
| Linde plc LIN | 74.7K | $35.5 million | 6.55% | -15.5K |
| EQT Corp. EQT | 400.0K | $19.4 million | 3.59% | new |
| Cameco Corp. CCJ | 180.4K | $15.6 million | 2.89% | +106.2K |
| Amrize Ltd AMRZ | 265.0K | $9.9 million | 1.83% | new |