Founders Capital Management, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 22, 2024), Founders Capital Management, LLC reported 75 stock positions worth $535.3 million. Its top holding was Alphabet Class C (GOOG) at 13.2% of the portfolio, followed by Berkshire Hathaway Class B (BRK.B, 11.3%) and Microsoft (MSFT, 9.7%). Compared with Q4 2023, it opened 1 new position, sold out of 1, added to 21 and reduced 26. The biggest buy was Meta Platforms Class A (META, shares +0%) and the biggest sale Apple (AAPL, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- Hartford, CT
- CIK
- 0001585828
- Portfolio Value
- $535.3M (Q1 2024)
- SEC Filing
- 0001172661-24-001918 ↗ filed Apr 22, 2024
Holdings Value
Holdings 75 stocks · $535.3M
| GOOG Alphabet Inc. Class C | 13.23% | 465,335 | $70.9M | Reduce -0.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 11.27% | 143,479 | $60.3M | Reduce -1.4% |
| MSFT Microsoft Corp. | 9.73% | 123,847 | $52.1M | Reduce -0.1% |
| META Meta Platforms Inc. Class A | 9.01% | 99,355 | $48.2M | Add +0.0% |
| FDX FedEx Corp. | 3.91% | 72,330 | $21.0M | Reduce -1.2% |
| AXP American Express Co. | 3.42% | 80,468 | $18.3M | Reduce -1.9% |
| WFC Wells Fargo & Co. | 3.27% | 301,928 | $17.5M | Reduce -0.1% |
| CSX CSX Corp. | 2.95% | 426,670 | $15.8M | Reduce -2.6% |
| HD Home Depot Inc. | 2.87% | 40,072 | $15.4M | Add +1.2% |
| GOOGL Alphabet Inc. Class A | 2.81% | 99,524 | $15.0M | Add +3.1% |
| AAPL Apple Inc. | 2.71% | 84,628 | $14.5M | Reduce -0.3% |
| PEP Pepsico Inc. | 2.55% | 78,065 | $13.7M | Reduce -2.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.51% | 25,640 | $13.4M | No change |
| UNP Union Pacific Corp. | 2.24% | 48,802 | $12.0M | Reduce -2.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 2.09% | 91,629 | $11.2M | Reduce -0.1% |
| KMX Carmax Inc. | 2.02% | 124,211 | $10.8M | Reduce -3.0% |
| KO The Coca-Cola Co. | 1.59% | 138,908 | $8.5M | Reduce -1.7% |
| CMCSA Comcast Corp. Class A | 1.55% | 191,226 | $8.3M | Add +2.7% |
| GD General Dynamics Corp. | 1.41% | 26,774 | $7.6M | Reduce -0.1% |
| REGN Regeneron Pharmaceuticals | 1.41% | 7,839 | $7.5M | No change |
| VONE Vanguard Russell 1000 | 1.34% | 30,204 | $7.2M | No change |
| LMT Lockheed Martin Corp. | 1.34% | 15,809 | $7.2M | Reduce -0.2% |
| LOW Lowe's Cos Inc. | 1.18% | 24,737 | $6.3M | Add +0.4% |
| QQQ Invesco QQQ Trust Series 1 | 1.12% | 13,514 | $6.0M | No change |
| AMGN Amgen Inc. | 1.08% | 20,348 | $5.8M | No change |
| SWK Stanley Black & Decker Inc. | 0.97% | 53,123 | $5.2M | Reduce -0.2% |
| ABBV Abbvie Inc. | 0.81% | 23,726 | $4.3M | Add +3.5% |
| JNJ Johnson & Johnson | 0.71% | 24,198 | $3.8M | Reduce -2.7% |
| ABT Abbott Laboratories | 0.68% | 31,999 | $3.6M | Add +0.8% |
| SYK Stryker Corp. | 0.67% | 9,973 | $3.6M | Add +2.2% |
| QSR Restaurant Brands Intern | 0.64% | 42,989 | $3.4M | Reduce -1.1% |
| KHC The Kraft Heinz Co. | 0.58% | 83,635 | $3.1M | No change |
| IJR iShares Core S&P Small-Cap E | 0.49% | 23,842 | $2.6M | No change |
| CSCO Cisco Systems Inc. | 0.47% | 50,465 | $2.5M | Reduce -3.0% |
| INTC Intel Corp. | 0.44% | 53,517 | $2.4M | Add +0.6% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 0.41% | 14,955 | $2.2M | Reduce -0.3% |
| MHK Mohawk Industries Inc. | 0.35% | 14,413 | $1.9M | No change |
| QRVO Qorvo Inc. | 0.34% | 15,835 | $1.8M | No change |
| ORCL Oracle Corp. | 0.22% | 9,322 | $1.2M | No change |
| PG The Procter & Gamble Co. | 0.20% | 6,589 | $1.1M | Add +3.1% |
| MKL Markel Group Inc. | 0.18% | 646 | $983K | Reduce -7.2% |
| UNH Unitedhealth Group Inc. | 0.18% | 1,939 | $959K | Add +12.0% |
| SAM Boston Beer Company Inc. Class A | 0.17% | 2,995 | $912K | No change |
| IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA | 0.16% | 10,092 | $868K | Reduce -1.2% |
| CI The Cigna Group | 0.16% | 2,326 | $845K | No change |
| RTX RTX Corp. | 0.15% | 8,269 | $806K | Reduce -5.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.13% | 18,785 | $712K | No change |
| WBD Warner Bros Discovery Inc. | 0.12% | 74,932 | $654K | Reduce -1.9% |
| MDT Medtronic PLC | 0.12% | 7,438 | $648K | Reduce -7.5% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.12% | 1 | $634K | No change |
| AMZN Amazon.com Inc. | 0.11% | 3,282 | $592K | Add +7.4% |
| WBS Webster Financial Corp. | 0.11% | 11,497 | $584K | No change |
| GIS General Mills Inc. | 0.10% | 7,996 | $559K | No change |
| MCK McKesson Corp. | 0.10% | 1,017 | $546K | No change |
| BOC Boston Omaha Corp. Class A | 0.10% | 34,049 | $526K | Add +67.0% |
| PNC PNC Financial Services Group | 0.10% | 3,190 | $516K | Add +1.0% |
| MA Mastercard Inc. Class A | 0.09% | 1,022 | $492K | New |
| NSC Norfolk Southern Corp. | 0.09% | 1,928 | $491K | Add +13.3% |
| FBP First Bancorp Puerto Rico | 0.09% | 26,000 | $456K | No change |
| WMT Walmart Inc. | 0.08% | 7,500 | $451K | Add +0.8% |
| AMP Ameriprise Financial Inc. | 0.08% | 1,019 | $447K | Add +1.9% |
| UPS United Parcel Service Class B | 0.07% | 2,698 | $401K | No change |
| FAST Fastenal Co. | 0.07% | 5,100 | $393K | No change |
| V Visa Inc. Class A | 0.07% | 1,324 | $370K | Add +5.7% |
| OFG Ofg Bancorp | 0.07% | 10,000 | $368K | No change |
| NYT New York Times Co. Class A | 0.06% | 8,000 | $346K | No change |
| SHEL Shell PLC-ADR | 0.06% | 4,862 | $326K | Reduce -2.0% |
| MRNA Moderna Inc. | 0.06% | 3,020 | $322K | No change |
| CAC Camden National Corp. | 0.06% | 9,300 | $312K | No change |
| CARR Carrier Global Corp. | 0.06% | 5,075 | $295K | Add +4.1% |
| TSM Taiwan Semiconductor-SP ADR | 0.05% | 2,000 | $272K | No change |
| CVX Chevron Corp. | 0.05% | 1,712 | $270K | Add +1.9% |
| KEY Keycorp | 0.05% | 16,800 | $266K | No change |
| DRI Darden Restaurants Inc. | 0.05% | 1,500 | $251K | No change |
| OTIS Otis Worldwide Corp. | 0.05% | 2,525 | $251K | Add +3.1% |
Other holdings (3): bonds, preferreds, convertibles and warrants · $5.3M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 2,437 | $2.9M | Reduce -4.7% |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 1,076 | $1.3M | Reduce -7.2% |
| FLAGSTAR BANK NA (FLG 6 11/01/51) | UNIT 05/07/2051 | 31,960 | $1.0M | Reduce -0.4% |
Total filed on the 13F, all lines: $540.6M.
Portfolio Sells Q4 2023 → Q1 2024
| AAPL Apple Inc. | Reduce -0.3% | 2.71% | −0.68 |
| GOOG Alphabet Inc. Class C | Reduce -0.9% | 13.23% | −0.50 |
| UNP Union Pacific Corp. | Reduce -2.6% | 2.24% | −0.31 |
| PEP Pepsico Inc. | Reduce -2.1% | 2.55% | −0.26 |
| CSX CSX Corp. | Reduce -2.6% | 2.95% | −0.20 |
| LMT Lockheed Martin Corp. | Reduce -0.2% | 1.34% | −0.15 |
| KO The Coca-Cola Co. | Reduce -1.7% | 1.59% | −0.14 |
| SWK Stanley Black & Decker Inc. | Reduce -0.2% | 0.97% | −0.11 |
| JNJ Johnson & Johnson | Reduce -2.7% | 0.71% | −0.09 |
| CSCO Cisco Systems Inc. | Reduce -3.0% | 0.47% | −0.07 |
| QSR Restaurant Brands Intern | Reduce -1.1% | 0.64% | −0.07 |
| WBD Warner Bros Discovery Inc. | Reduce -1.9% | 0.12% | −0.06 |
| WBA Walgreens Boots Alliance Inc. | Sold out | 0.00% | −0.05 |
| GD General Dynamics Corp. | Reduce -0.1% | 1.41% | −0.03 |
| MKL Markel Group Inc. | Reduce -7.2% | 0.18% | −0.02 |
| MTB M & T Bank Corp. | Reduce -0.3% | 0.41% | −0.02 |
| KMX Carmax Inc. | Reduce -3.0% | 2.02% | −0.02 |
| MDT Medtronic PLC | Reduce -7.5% | 0.12% | −0.02 |
| IFF Intl Flavors & Fragrances | Reduce -1.2% | 0.16% | −0.01 |
| SHEL Shell PLC-ADR | Reduce -2.0% | 0.06% | −0.01 |
| RTX RTX Corp. | Reduce -5.8% | 0.15% | −0.00 |
| MSFT Microsoft Corp. | Reduce -0.1% | 9.73% | +0.06 |
| FDX FedEx Corp. | Reduce -1.2% | 3.91% | +0.07 |
| WFC Wells Fargo & Co. | Reduce -0.1% | 3.27% | +0.18 |
| AXP American Express Co. | Reduce -1.9% | 3.42% | +0.23 |
| DIS The Walt Disney Co. | Reduce -0.1% | 2.09% | +0.38 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.4% | 11.27% | +0.51 |
Portfolio Buys Q4 2023 → Q1 2024
| META Meta Platforms Inc. Class A | Add +0.0% | 9.01% | +1.72 |
| MA Mastercard Inc. Class A | New | 0.09% | +0.09 |
| ABBV Abbvie Inc. | Add +3.5% | 0.81% | +0.07 |
| SYK Stryker Corp. | Add +2.2% | 0.67% | +0.06 |
| LOW Lowe's Cos Inc. | Add +0.4% | 1.18% | +0.04 |
| BOC Boston Omaha Corp. Class A | Add +67.0% | 0.10% | +0.03 |
| HD Home Depot Inc. | Add +1.2% | 2.87% | +0.02 |
| AMZN Amazon.com Inc. | Add +7.4% | 0.11% | +0.01 |
| GOOGL Alphabet Inc. Class A | Add +3.1% | 2.81% | +0.01 |
| NSC Norfolk Southern Corp. | Add +13.3% | 0.09% | +0.01 |
| PG The Procter & Gamble Co. | Add +3.1% | 0.20% | +0.01 |
| AMP Ameriprise Financial Inc. | Add +1.9% | 0.08% | +0.00 |
| WMT Walmart Inc. | Add +0.8% | 0.08% | +0.00 |
| OTIS Otis Worldwide Corp. | Add +3.1% | 0.05% | +0.00 |
| V Visa Inc. Class A | Add +5.7% | 0.07% | +0.00 |
| CVX Chevron Corp. | Add +1.9% | 0.05% | −0.00 |
| CARR Carrier Global Corp. | Add +4.1% | 0.06% | −0.00 |
| PNC PNC Financial Services Group | Add +1.0% | 0.10% | −0.01 |
| UNH Unitedhealth Group Inc. | Add +12.0% | 0.18% | −0.01 |
| ABT Abbott Laboratories | Add +0.8% | 0.68% | −0.05 |
| INTC Intel Corp. | Add +0.6% | 0.44% | −0.11 |
| CMCSA Comcast Corp. Class A | Add +2.7% | 1.55% | −0.14 |
Notes & Other Activity Q4 2023 → Q1 2024
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Reduce -4.7% | 2,437 | $2.9M |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -7.2% | 1,076 | $1.3M |
| FLAGSTAR BANK NA (FLG 6 11/01/51) | UNIT 05/07/2051 | Reduce -0.4% | 31,960 | $1.0M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 77 | $666.4M | GOOG, BRK.B, META, MSFT, GOOGL |
| Q1 2026 | 72 | $604.9M | GOOG, BRK.B, META, MSFT, GOOGL |
| Q4 2025 | 77 | $669.6M | GOOG, BRK.B, META, MSFT, GOOGL |
| Q3 2025 | 77 | $635.3M | GOOG, BRK.B, META, MSFT, GOOGL |
| Q2 2025 | 75 | $582.2M | GOOG, META, BRK.B, MSFT, AXP |
| Q1 2025 | 73 | $538.6M | BRK.B, GOOG, META, MSFT, WFC |
| Q4 2024 | 70 | $565.2M | GOOG, BRK.B, META, MSFT, AXP |
| Q3 2024 | 74 | $571.0M | GOOG, BRK.B, META, MSFT, AXP |
| Q2 2024 | 74 | $551.7M | GOOG, BRK.B, MSFT, META, FDX |
| Q1 2024 | 75 | $535.3M | GOOG, BRK.B, MSFT, META, FDX |