0001140361-13-020810.txt : 20130515 0001140361-13-020810.hdr.sgml : 20130515 20130515112610 ACCESSION NUMBER: 0001140361-13-020810 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20130331 FILED AS OF DATE: 20130515 DATE AS OF CHANGE: 20130515 EFFECTIVENESS DATE: 20130515 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Foundation Asset Management, LLC CENTRAL INDEX KEY: 0001569519 IRS NUMBER: 453914789 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-15328 FILM NUMBER: 13844637 BUSINESS ADDRESS: STREET 1: 81 MAIN STREET STREET 2: SUITE 306 CITY: WHITE PLAINS STATE: NY ZIP: 10601 BUSINESS PHONE: 9145742923 MAIL ADDRESS: STREET 1: 81 MAIN STREET STREET 2: SUITE 306 CITY: WHITE PLAINS STATE: NY ZIP: 10601 13F-HR 1 form13fhr.txt NONE UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 3/31/2013 Check here if Amendment []; Amendment Number: ------- This Amendment (Check only one.): [] is a restatement. [] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Foundation Asset Management, LLC Address: 81 Main Street, Suite 306 White Plains, NY 10601 Form 13F File Number: 028-15328 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this submission. Persons Signing this Report on Behalf of Reporting Manager: Name: Ben Bresnahan Title: Chief Operating Officer Phone: 914-574-2923 Signature, Place, and Date of Signing: /s/ Ben Bresnahan White Plains, NY 5/15/2013 --------------------------------- --------------------------------- ---------- [Signature] [City, State] [Date] Report Type (Check only one): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 23 Form 13F Information Table Value Total: $ 199,220 -------------- (In Thousands) List of Other Included Managers: Provide a numbered list of the name(s) and 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. NONE
FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ---------------------------- -------------- --------- -------- ------------------ ---------- -------- --------------------- VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ---------------------------- -------------- --------- -------- --------- --- ---- ---------- -------- --------- ------ ---- ADOBE SYS INC COM 00724F101 17,897 411,342 SH SOLE 411,342 0 0 AMERICAN INTL GROUP INC COM NEW 026874784 21,150 544,816 SH SOLE 544,816 0 0 ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR 03524A108 15,558 156,282 SH SOLE 156,282 0 0 BERKLEY W R CORP COM 084423102 18,656 420,474 SH SOLE 420,474 0 0 CHENIERE ENERGY INC COM NEW 16411R208 1,806 64,500 SH SOLE 64,500 0 0 CIT GROUP INC COM NEW 125581801 6,668 153,357 SH SOLE 153,357 0 0 COMMONWEALTH REIT COM SH BEN INT 203233101 6,511 290,131 SH SOLE 290,131 0 0 DOLE FOOD CO INC NEW COM 256603101 109 10,000 SH SOLE 10,000 0 0 EAST WEST BANCORP INC COM 27579R104 3,717 144,780 SH SOLE 144,780 0 0 ECHOSTAR CORP CL A 278768106 15,324 393,225 SH SOLE 393,225 0 0 ENDO HEALTH SOLUTIONS INC COM 29264F205 7,567 246,005 SH SOLE 246,005 0 0 KRONOS WORLDWIDE INC COM 50105F105 5,243 335,015 SH SOLE 335,015 0 0 LIBERTY INTERACTIVE CORP INT COM SER A 53071M104 10,823 506,212 SH SOLE 506,212 0 0 MICROS SYS INC COM 594901100 1,951 42,871 SH SOLE 42,871 0 0 NUSTAR ENERGY LP UNIT COM 67058H102 1,476 27,680 SH SOLE 27,680 0 0 ORACLE CORP COM 68389X105 12,804 395,920 SH SOLE 395,920 0 0 PARKWAY PPTYS INC COM 70159Q104 20,037 1,080,143 SH SOLE 1,080,143 0 0 RYMAN HOSPITALITY PPTYS INC COM 78377T107 4,741 103,636 SH SOLE 103,636 0 0 STEWART INFORMATION SVCS COR COM 860372101 7,193 282,412 SH SOLE 282,412 0 0 ULTRA PETROLEUM CORP COM 903914109 1,005 50,000 SH SOLE 50,000 0 0 UNI PIXEL INC COM NEW 904572203 5,961 194,470 SH SOLE 194,470 0 0 WPX ENERGY INC COM 98212B103 671 41,898 SH SOLE 41,898 0 0 WRIGHT MED GROUP INC COM 98235T107 12,352 518,791 SH SOLE 518,791 0 0