DRUMMOND KNIGHT ASSET MANAGEMENT PTY LTD
Q4 2025 Form 13-F
CROWS NEST, NSW, AUSTRALIA
CIK 0001808029
· CRD 332009
· Exempt reporting adviser
$357.3M Reported Value Total
Exempt Reporting Adviser
dkam.com
Source: Form ADV filed 2026-09-07
Reported value
$357.3M
Quarter over quarter
+11.1%
Holdings
11
Top-10 concentration
98.5%
Key People
Named on the latest Form 13-F filing — not necessarily an owner
Ivan Cho
OPERATIONS MANAGER
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13F Metrics
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Q4 2025 13F record
Q4 2025 13F filing summary
| Period of report | December 31, 2025 |
|---|---|
| Filed | January 21, 2026 |
| Form | 13F-HR |
| Reported value | $357.3M |
| Positions | 11 |
| Change in reported value | +9.4% |
| New positions | 3 |
| Exited positions | 4 |
| Position turnover | 46.7% |
| Top-10 concentration | 98.5% |
13F filings by quarter
| Quarter | Positions | Value |
|---|---|---|
|
Q3 2026 13F
Filed Oct 26, 2026
|
13 | $541.4M |
|
Q2 2026 13F
Filed Jul 15, 2026
|
16 | $544.8M |
|
Q1 2026 13F
Filed May 6, 2026
|
14 | $282.7M |
|
Q4 2025 13F
Filed Jan 21, 2026
|
11 | $357.3M |
|
Q3 2025 13F
Filed Oct 15, 2025
|
12 | $326.7M |
|
Q2 2025 13F
Filed Aug 13, 2025
|
12 | $313.6M |
|
Q1 2025 13F
Filed Jun 4, 2025
|
11 | $199.1M |
|
Q4 2024 13F
Filed Feb 14, 2025
|
12 | $137.6M |
Top 11 holdings · Q4 2025
| # | Holding | Reported value | % of portfolio |
|---|---|---|---|
| 1 | FCX Freeport-McMoRan Inc | $66.7M | 18.68% |
| 2 | B Barrick Mining Corp | $60.3M | 16.88% |
| 3 | AA Alcoa Corp | $56.4M | 15.77% |
| 4 | DD Dupont De Nemours Inc | $48.5M | 13.58% |
| 5 | XOM Exxon Mobil Corp | $25.9M | 7.25% |
| 6 | CTVA Corteva Inc | $25.7M | 7.2% |
| 7 | TECK Teck Resources Ltd | $21.4M | 5.98% |
| 8 | MLM Martin Marietta Materials Inc | $19.9M | 5.58% |
| 9 | CMC Commercial Metals Co | $14.9M | 4.17% |
| 10 | CENX Century Aluminum Co | $12.3M | 3.44% |
| 11 | NXE Nexgen Energy Ltd | $5.3M | 1.49% |
Values as reported on the Q4 2025 Form 13F. Every position is in the holdings table below.