Foundation Asset Management, LP

Q1 2014 13F Holdings Report, Stock Holdings

Signature - Title: Ben Bresnahan - Chief Operating Officer
Location: White Plains, NY
Holdings as of: March 31, 2014
Value $: $368M
Num holdings: 17
Date filed: 5/15/2014, 09:47 AM
Form type: 13F-HR
Description: All US holdings of this investor are reported in this report. Top holdings included STC, ENDPQ, DVA, SATS, and HTZ.
Previous filing: Q4 2013 - Feb 14, 2014
Next filing: Q2 2014 - Aug 14, 2014
SEC: View on sec.gov

Sym	Weight	Trade Impact	Company	Class	Shares Change	Activity	Value Change $	Value $	* Price $	Shares	Principal
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* Reported Price is the price of the security as of the portfolio date. This value is significant in that it is the last known price at which the security was still held.
An asterisk sign (*) next to the price indicates that the price is likely invalid.

Person Signing this Report on Behalf of Reporting Manager:

Name	Title	City, State	Date
Ben Bresnahan	Chief Operating Officer	White Plains, New York	5/15/2014