Founders Capital Management

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 7, 2024), Founders Capital Management reported 376 stock positions worth $164.2 million. Its top holding was Invesco QQQ Trust Series 1 (QQQ) at 9.3% of the portfolio, followed by Microsoft (MSFT, 7.0%) and Apple (AAPL, 5.6%). Compared with Q2 2024, it opened 18 new positions, sold out of 12, added to 64 and reduced 26. The biggest buy was Adobe (ADBE, shares +70%) and the biggest sale Microsoft (MSFT, shares −1%).

Most Recent 13F
Q2 2026
Location
HOUSTON, TX
CIK
0001704300
Portfolio Value
$164.2M (Q3 2024)
SEC Filing
0001704300-24-000004 ↗ filed Oct 7, 2024

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $147.9M Q1 2024 Q2 2024: $154.3M Q2 2024 Q3 2024: $164.2M $164.2M Q3 2024 Q4 2024: $158.0M Q4 2024 Q1 2025: $154.6M Q1 2025 Q2 2025: $166.8M Q2 2025 Q3 2025: $188.8M Q3 2025 Q4 2025: $192.6M Q4 2025 Q1 2026: $204.8M Q1 2026 Q2 2026: $231.1M Q2 2026

Holdings 376 stocks · $164.2M
QQQ Invesco QQQ Trust Series 1 9.27% 31,200 $15.2M Add +1.0%
MSFT Microsoft Corp. 6.97% 26,611 $11.5M Reduce -1.2%
AAPL Apple Inc. 5.61% 39,547 $9.2M Reduce -9.8%
JPM JPMorgan Chase & Co. 4.62% 35,992 $7.6M Add +0.5%
SPYG SS SPDR P S&P 500 Growth ETF 4.28% 84,727 $7.0M Add +1.8%
XOM Exxon Mobil Corp. 4.23% 59,287 $6.9M Add +1.1%
GLW Corning Inc. 4.22% 153,373 $6.9M Reduce -0.4%
RTX RTX Corp. 4.16% 56,395 $6.8M Add +1.1%
ABBV Abbvie Inc. 3.92% 32,619 $6.4M Reduce -0.7%
SPY SS SPDR S&P 500 ETF Trust-US 3.67% 10,518 $6.0M Add +3.4%
LMT Lockheed Martin Corp. 3.61% 10,143 $5.9M Add +0.4%
APD Air Products & Chemicals Inc. 3.53% 19,497 $5.8M Reduce -0.1%
JNJ Johnson & Johnson 3.50% 35,508 $5.8M Add +0.4%
CVX Chevron Corp. 3.32% 37,002 $5.4M Add +0.5%
MRK Merck & Co. Inc. 3.13% 45,282 $5.1M Add +1.6%
EMR Emerson Electric Co. 3.05% 45,777 $5.0M Add +1.9%
ADBE Adobe Inc. 2.53% 8,038 $4.2M Add +70.1%
MCD McDonald's Corp. 2.10% 11,332 $3.5M Add +1.4%
LOW Lowe's Cos Inc. 1.79% 10,864 $2.9M Reduce -0.8%
NOC Northrop Grumman Corp. 1.64% 5,089 $2.7M Add +1.7%
HD Home Depot Inc. 1.52% 6,176 $2.5M Reduce -2.8%
FNDA Schwab Fndmntl US SM Co. ETF 1.28% 35,331 $2.1M Reduce -0.0%
GOOG Alphabet Inc. Class C 1.15% 11,276 $1.9M Add +5.3%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 1.12% 43,899 $1.8M Add +1.8%
PEP Pepsico Inc. 0.99% 9,600 $1.6M Add +6.9%
KO The Coca-Cola Co. 0.74% 17,020 $1.2M No change
PFE Pfizer Inc. 0.45% 25,337 $733K Add +1.9%
BA The Boeing Co. 0.41% 4,479 $681K Reduce -50.8%
TXN Texas Instruments Inc. 0.40% 3,166 $654K No change
CMCSA Comcast Corp. Class A 0.38% 15,016 $627K Add +6.2%
AMZN Amazon.com Inc. 0.38% 3,308 $616K Add +0.6%
EXCHANGE TRADED CONCEPTS TRU 0.37% 45,598 $608K New
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.36% 1,393 $589K Add +1.1%
WMT Walmart Inc. 0.28% 5,787 $467K Add +1.5%
RSP Invesco S&P 500 Equal Weight 0.28% 2,543 $456K Reduce -3.2%
PG The Procter & Gamble Co. 0.26% 2,442 $423K No change
ORCL Oracle Corp. 0.25% 2,443 $416K No change
COST Costco Wholesale Corp. 0.25% 466 $413K Add +1.3%
DVN Devon Energy Corp. 0.22% 9,238 $361K No change
VLO Valero Energy Corp. 0.22% 2,630 $355K No change
MA Mastercard Inc. Class A 0.21% 690 $341K No change
OKE Oneok Inc. 0.19% 3,444 $314K No change
PSA Public Storage 0.19% 850 $309K No change
EPD Enterprise Products Partners 0.19% 10,619 $309K No change
BRK.B Berkshire Hathaway Inc. Class B 0.18% 645 $297K No change
GOOGL Alphabet Inc. Class A 0.17% 1,685 $279K No change
WFC Wells Fargo & Co. 0.17% 4,942 $279K No change
AMAT Applied Materials Inc. 0.16% 1,322 $267K Add +0.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.15% 1,150 $254K No change
SCHW Schwab (charles) Corp. 0.15% 3,680 $239K No change
VYM Vanguard High DVD Yield ETF 0.14% 1,773 $227K Add +0.2%
UNH Unitedhealth Group Inc. 0.13% 376 $220K Add +3.0%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.12% 4,949 $196K No change
IWB iShares Russell 1000 ETF 0.12% 618 $194K No change
KIM Kimco Realty Corp. 0.12% 8,278 $192K No change
IWD iShares Russell 1000 Value E 0.11% 984 $187K No change
HES Hess Corp. 0.11% 1,300 $177K No change
V Visa Inc. Class A 0.10% 619 $170K Reduce -15.8%
XEL Xcel Energy Inc. 0.10% 2,500 $163K No change
HEI Heico Corp. 0.10% 619 $162K No change
GS Goldman Sachs Group Inc. 0.09% 302 $150K No change
SCI Service Corp. International 0.09% 1,888 $149K Reduce -5.6%
LIT Global X Lithium & Battery T 0.09% 3,347 $146K Reduce -33.3%
O Realty Income Corp. 0.09% 2,280 $145K No change
IYW iShares Ustechnology ETF 0.09% 949 $144K No change
TSLA Tesla Inc. 0.08% 532 $139K No change
AMGN Amgen Inc. 0.08% 409 $132K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.08% 1,341 $129K Add +4.1%
VUG Vanguard Mrngstar GR ETF-Sui 0.08% 324 $124K No change
X United States Steel Corp. 0.08% 3,500 $124K Add +9.4%
CSCO Cisco Systems Inc. 0.07% 2,287 $122K No change
NVDA Nvidia Corp. 0.07% 990 $120K Add +43.5%
IVE iShares S&P 500 Value ETF 0.07% 607 $120K Reduce -48.2%
CPT Camden Property Trust 0.07% 950 $117K No change
SPLV Invesco S&P 500 Low Volatili 0.07% 1,590 $114K No change
ROP Roper Technologies Inc. 0.07% 200 $111K No change
XLE SS Energy Select Sector 0.07% 1,238 $109K Add +2.2%
VB Vanguard Most SM-Cap ETF-Usd 0.06% 446 $106K No change
MU Micron Technology Inc. 0.06% 1,000 $104K No change
IJK iShares S&P Mid-Cap 400 Grow 0.06% 1,126 $104K No change
IHI iShares U.S. Medical Devices 0.06% 1,687 $100K Add +0.1%
PLAB Photronics Inc. 0.06% 4,000 $99K No change
PPIH Perma-Pipe International Hol 0.06% 7,200 $93K No change
TIP iShares Tips Bond ETF 0.06% 843 $93K No change
WDC Western Digital Corp. 0.06% 1,350 $92K No change
GD General Dynamics Corp. 0.06% 300 $91K No change
ENB Enbridge Inc. 0.05% 2,222 $90K No change
PAG Penske Automotive Group Inc. 0.05% 550 $89K No change
CAT Caterpillar Inc. 0.05% 227 $89K Add +3.6%
C Citigroup Inc. 0.05% 1,400 $88K No change
GLD SPDR Gold Shares 0.05% 360 $88K No change
GILD Gilead Sciences Inc. 0.05% 1,012 $85K No change
PRU Prudential Financial Inc. 0.05% 700 $85K Reduce -20.2%
XLK SS Technology Select Sector 0.05% 361 $81K No change
NWPX NWPX Infrastructure Inc. filed as NORTHWEST PIPE CO 0.05% 1,800 $81K No change
AR Antero Resources Corp. 0.05% 2,800 $80K No change
FRD Friedman Industries 0.05% 5,000 $80K No change
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.05% 303 $80K No change
IJH iShares Core S&P Midcap ETF 0.05% 1,277 $80K Add +0.2%
DAC Danaos Corp. 0.05% 900 $78K Add +12.5%

Show all 376 holdings

Portfolio Sells Q2 2024 → Q3 2024
MSFT Microsoft Corp. Reduce -1.2% 6.97% −0.83
BA The Boeing Co. Reduce -50.8% 0.41% −0.66
AAPL Apple Inc. Reduce -9.8% 5.61% −0.37
IVW iShares S&P 500 Growth ETF Reduce -82.0% 0.01% −0.07
IVE iShares S&P 500 Value ETF Reduce -48.2% 0.07% −0.07
UPS United Parcel Service Class B Reduce -64.0% 0.02% −0.04
FCX Freeport-McMoran Inc. Reduce -64.0% 0.02% −0.04
CMP Compass Minerals Internation Sold out 0.00% −0.04
LIT Global X Lithium & Battery T Reduce -33.3% 0.09% −0.04
ABT Abbott Laboratories Sold out 0.00% −0.03
CI The Cigna Group Reduce -40.3% 0.04% −0.03
IEV iShares Europe ETF Sold out 0.00% −0.03
IEO iShares U.S. Oil & Gas Explo Sold out 0.00% −0.02
V Visa Inc. Class A Reduce -15.8% 0.10% −0.02
UBER Uber Technologies Inc. Sold out 0.00% −0.02
ORN Orion Group Holdings Inc. Reduce -40.0% 0.01% −0.02
IJJ iShares S&P Mid-Cap 400 Valu Sold out 0.00% −0.02
INTC Intel Corp. Reduce -13.8% 0.03% −0.02
PRU Prudential Financial Inc. Reduce -20.2% 0.05% −0.01
HIG Hartford Insurance Group Inc. Reduce -50.0% 0.01% −0.01
ITI Iteris Inc. Sold out 0.00% −0.01
IVV iShares Core S&P 500 ETF Sold out 0.00% −0.01
VOO Vanguard S&P 500 ETF Reduce -17.4% 0.04% −0.01
GNRC Generac Holdings Inc. Sold out 0.00% −0.01
LUV Southwest Airlines Co. Reduce -71.4% 0.00% −0.00
UL Unilever PLC Sold out 0.00% −0.00
AQN Algonquin Power & Utilities Reduce -23.1% 0.01% −0.00
RSP Invesco S&P 500 Equal Weight Reduce -3.2% 0.28% −0.00
SCI Service Corp. International Reduce -5.6% 0.09% −0.00
EWJ iShares MSCI Japan ETF Sold out 0.00% −0.00
NUMG Nuveen ESG Mid-Cap Grow ETF Sold out 0.00% −0.00
XLU St Sr Utl SL SE SPDR ETF-Usd Reduce -6.5% 0.04% +0.00
FNDA Schwab Fndmntl US SM Co. ETF Reduce -0.0% 1.28% +0.02
HD Home Depot Inc. Reduce -2.8% 1.52% +0.11
LOW Lowe's Cos Inc. Reduce -0.8% 1.79% +0.23
ABBV Abbvie Inc. Reduce -0.7% 3.92% +0.27
APD Air Products & Chemicals Inc. Reduce -0.1% 3.53% +0.27
GLW Corning Inc. Reduce -0.4% 4.22% +0.34

Portfolio Buys Q2 2024 → Q3 2024
ADBE Adobe Inc. Add +70.1% 2.53% +0.83
LMT Lockheed Martin Corp. Add +0.4% 3.61% +0.55
RTX RTX Corp. Add +1.1% 4.16% +0.53
EXCHANGE TRADED CONCEPTS TRU New 0.37% +0.37
MCD McDonald's Corp. Add +1.4% 2.10% +0.26
NOC Northrop Grumman Corp. Add +1.7% 1.64% +0.22
JNJ Johnson & Johnson Add +0.4% 3.50% +0.15
SPY SS SPDR S&P 500 ETF Trust-US Add +3.4% 3.67% +0.09
WMT Walmart Inc. Add +1.5% 0.28% +0.03
PEP Pepsico Inc. Add +6.9% 0.99% +0.03
CMCSA Comcast Corp. Class A Add +6.2% 0.38% +0.02
NVDA Nvidia Corp. Add +43.5% 0.07% +0.02
UNH Unitedhealth Group Inc. Add +3.0% 0.13% +0.01
F Ford Motor Co. New 0.01% +0.01
DHI D.R. Horton Inc. New 0.01% +0.01
AXP American Express Co. Add +25.0% 0.04% +0.01
FSI Flexible Solutions Intl Inc. New 0.01% +0.01
PAX Patria Investments Ltd. Class A New 0.01% +0.01
DIA SS SPDR Dow Jones Indus Avg Add +1.1% 0.36% +0.01
YEXT Yext Inc. Add +200.0% 0.01% +0.01
RDUS Radius Recycling Inc. Class A Add +50.0% 0.02% +0.01
PGR Progressive Corp. New 0.01% +0.01
CAT Caterpillar Inc. Add +3.6% 0.05% +0.01
META Meta Platforms Inc. Class A Add +11.9% 0.04% +0.01
SGMOQ Sangamo Therapeutics Inc. Add +60.0% 0.01% +0.01
ALB Albemarle Corp. New 0.01% +0.01
VNOM Viper Energy Inc. New 0.01% +0.01
PUBM Pubmatic Inc. Class A Add +100.0% 0.02% +0.00
PLTR Palantir Technologies Inc. Class A New 0.00% +0.00
AXTI Axt Inc. Add +133.3% 0.01% +0.00
RFIL RF Industries Ltd. Add +33.3% 0.01% +0.00
LCTX Lineage Cell Therapeutics Inc. Add +87.5% 0.01% +0.00
FTEK Fuel Tech Inc. Add +50.0% 0.01% +0.00
VYM Vanguard High DVD Yield ETF Add +0.2% 0.14% +0.00
PSEC Prospect Capital Corp. Add +33.3% 0.01% +0.00
GROW U.S. Global Investors Inc. Class A Add +25.0% 0.02% +0.00
SLV iShares Silver Trust Add +100.0% 0.00% +0.00
KMI Kinder Morgan Inc. Add +1.0% 0.03% +0.00
XLF SS Financial Select Sector Add +0.2% 0.04% +0.00
VZ Verizon Communications Inc. Add +2.8% 0.03% +0.00
DUK Duke Energy Corp. Add +1.0% 0.01% +0.00
AOR iShares Core 60/40 Balanced Add +9.4% 0.01% +0.00
XLI SS Industrial Select Sector Add +0.5% 0.02% +0.00
IJR iShares Core S&P Small-Cap E Add +0.4% 0.02% +0.00
XLP SS Consumer Staples Sel Sect Add +0.2% 0.02% +0.00
SLYG SS SPDR S&P 600 SC GR ETF Add +0.4% 0.01% +0.00
CTRE Caretrust REIT Inc. New 0.00% +0.00
LEU Centrus Energy Corp. Class A Add +100.0% 0.00% +0.00
ENPH Enphase Energy Inc. New 0.00% +0.00
NRP Natural Resource Partners LP New 0.00% +0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 419$231.1MGLW, QQQ, AMAT, MSFT, JNJ
Q1 2026 389$204.8MQQQ, GLW, MSFT, JNJ, XOM
Q4 2025 406$192.6MQQQ, MSFT, GLW, JPM, AAPL
Q3 2025 394$188.8MQQQ, MSFT, GLW, JPM, AAPL
Q2 2025 383$166.8MQQQ, MSFT, JPM, SPYG, RTX
Q1 2025 370$154.6MQQQ, MSFT, AAPL, JPM, RTX
Q4 2024 368$158.0MQQQ, MSFT, AAPL, JPM, SPYG
Q3 2024 376$164.2MQQQ, MSFT, AAPL, JPM, SPYG
Q2 2024 370$154.3MQQQ, MSFT, AAPL, JPM, XOM
Q1 2024 356$147.9MQQQ, MSFT, AAPL, JPM, XOM