Founders Capital Management, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 24, 2025), Founders Capital Management, LLC reported 70 stock positions worth $565.2 million. Its top holding was Alphabet Class C (GOOG) at 15.4% of the portfolio, followed by Berkshire Hathaway Class B (BRK.B, 11.4%) and Meta Platforms Class A (META, 9.9%). Compared with Q3 2024, it sold out of 4, added to 13 and reduced 27. The biggest buy was United Parcel Service Class B (UPS, shares +89%) and the biggest sale an exit from Carmax (KMX).
- Most Recent 13F
- Q2 2026
- Location
- Hartford, CT
- CIK
- 0001585828
- Portfolio Value
- $565.2M (Q4 2024)
- SEC Filing
- 0001172661-25-000344 ↗ filed Jan 24, 2025
Holdings Value
Holdings 70 stocks · $565.2M
| GOOG Alphabet Inc. Class C | 15.40% | 457,117 | $87.1M | Reduce -0.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 11.39% | 141,977 | $64.4M | Reduce -0.3% |
| META Meta Platforms Inc. Class A | 9.93% | 95,849 | $56.1M | Reduce -1.9% |
| MSFT Microsoft Corp. | 9.23% | 123,812 | $52.2M | Add +0.2% |
| AXP American Express Co. | 4.06% | 77,269 | $22.9M | Reduce -1.9% |
| WFC Wells Fargo & Co. | 3.66% | 294,513 | $20.7M | Reduce -0.7% |
| AAPL Apple Inc. | 3.65% | 82,293 | $20.6M | Reduce -1.1% |
| FDX FedEx Corp. | 3.55% | 71,255 | $20.0M | Reduce -0.9% |
| GOOGL Alphabet Inc. Class A | 3.44% | 102,843 | $19.5M | Add +0.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.87% | 27,633 | $16.2M | Add +4.4% |
| HD Home Depot Inc. | 2.54% | 36,893 | $14.4M | Reduce -4.7% |
| CSX CSX Corp. | 2.38% | 417,104 | $13.5M | Reduce -0.8% |
| UPS United Parcel Service Class B | 2.12% | 94,979 | $12.0M | Add +88.8% |
| PEP Pepsico Inc. | 2.06% | 76,570 | $11.6M | Reduce -0.7% |
| UNP Union Pacific Corp. | 1.96% | 48,562 | $11.1M | Reduce -0.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.69% | 85,789 | $9.6M | Reduce -1.3% |
| KO The Coca-Cola Co. | 1.50% | 135,767 | $8.5M | Reduce -0.5% |
| CMCSA Comcast Corp. Class A | 1.46% | 219,314 | $8.2M | Reduce -2.7% |
| VONE Vanguard Russell 1000 | 1.43% | 30,204 | $8.1M | No change |
| LMT Lockheed Martin Corp. | 1.31% | 15,245 | $7.4M | Reduce -0.6% |
| QQQ Invesco QQQ Trust Series 1 | 1.24% | 13,697 | $7.0M | Add +1.4% |
| GD General Dynamics Corp. | 1.20% | 25,839 | $6.8M | Reduce -2.7% |
| LOW Lowe's Cos Inc. | 1.06% | 24,240 | $6.0M | Reduce -1.4% |
| REGN Regeneron Pharmaceuticals | 1.00% | 7,968 | $5.7M | Add +3.0% |
| AMGN Amgen Inc. | 0.88% | 19,164 | $5.0M | Reduce -4.3% |
| ABBV Abbvie Inc. | 0.72% | 23,017 | $4.1M | Reduce -1.6% |
| ABT Abbott Laboratories | 0.62% | 30,895 | $3.5M | No change |
| JNJ Johnson & Johnson | 0.60% | 23,560 | $3.4M | Reduce -0.1% |
| SYK Stryker Corp. | 0.56% | 8,734 | $3.1M | Reduce -10.5% |
| CSCO Cisco Systems Inc. | 0.52% | 49,299 | $2.9M | Add +1.4% |
| KHC The Kraft Heinz Co. | 0.50% | 92,337 | $2.8M | Add +10.4% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 0.50% | 14,955 | $2.8M | No change |
| IJR iShares Core S&P Small-Cap E | 0.49% | 23,842 | $2.7M | No change |
| QSR Restaurant Brands Intern | 0.48% | 41,934 | $2.7M | No change |
| MHK Mohawk Industries Inc. | 0.30% | 14,413 | $1.7M | No change |
| CVX Chevron Corp. | 0.29% | 11,333 | $1.6M | Add +11.2% |
| ORCL Oracle Corp. | 0.27% | 9,308 | $1.6M | No change |
| PG The Procter & Gamble Co. | 0.19% | 6,560 | $1.1M | Reduce -1.9% |
| RTX RTX Corp. | 0.16% | 8,029 | $929K | Reduce -4.1% |
| UNH Unitedhealth Group Inc. | 0.16% | 1,835 | $928K | Reduce -5.4% |
| SAM Boston Beer Company Inc. Class A | 0.16% | 2,995 | $898K | No change |
| MCK McKesson Corp. | 0.15% | 1,462 | $833K | Add +28.6% |
| WBD Warner Bros Discovery Inc. | 0.14% | 75,631 | $799K | Add +0.2% |
| MKL Markel Group Inc. | 0.12% | 407 | $703K | Reduce -0.7% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.12% | 1 | $681K | No change |
| AMZN Amazon.com Inc. | 0.12% | 3,086 | $677K | No change |
| WMT Walmart Inc. | 0.12% | 7,440 | $672K | No change |
| CI The Cigna Group | 0.11% | 2,326 | $642K | No change |
| WBS Webster Financial Corp. | 0.11% | 11,079 | $612K | No change |
| PNC PNC Financial Services Group | 0.11% | 3,159 | $609K | No change |
| MDT Medtronic PLC | 0.10% | 7,431 | $594K | Add +0.2% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.10% | 12,431 | $546K | No change |
| MA Mastercard Inc. Class A | 0.10% | 1,021 | $538K | No change |
| AMP Ameriprise Financial Inc. | 0.09% | 1,000 | $532K | No change |
| FBP First Bancorp Puerto Rico | 0.09% | 26,000 | $483K | No change |
| NSC Norfolk Southern Corp. | 0.08% | 1,928 | $453K | No change |
| GIS General Mills Inc. | 0.08% | 6,664 | $425K | No change |
| OFG Ofg Bancorp | 0.07% | 10,000 | $423K | No change |
| NYT New York Times Co. Class A | 0.07% | 8,000 | $416K | No change |
| TSM Taiwan Semiconductor-SP ADR | 0.07% | 2,103 | $415K | No change |
| CAC Camden National Corp. | 0.07% | 9,300 | $397K | No change |
| FAST Fastenal Co. | 0.06% | 5,100 | $367K | No change |
| CARR Carrier Global Corp. | 0.06% | 5,050 | $345K | No change |
| V Visa Inc. Class A | 0.06% | 995 | $314K | No change |
| DRI Darden Restaurants Inc. | 0.05% | 1,500 | $280K | No change |
| KEY Keycorp | 0.05% | 14,857 | $255K | Reduce -3.8% |
| OTIS Otis Worldwide Corp. | 0.04% | 2,537 | $235K | No change |
| ADX Adams Diversified Equity | 0.04% | 11,116 | $225K | Add +8.8% |
| SHEL Shell PLC-ADR | 0.04% | 3,496 | $219K | Reduce -18.0% |
| INTC Intel Corp. | 0.04% | 10,636 | $213K | No change |
Other holdings (3): bonds, preferreds, convertibles and warrants · $5.1M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 2,374 | $2.9M | Reduce -2.6% |
| FLAGSTAR BANK NA (FLG 6 11/01/51) | UNIT 05/07/2051 | 29,729 | $1.1M | Reduce -7.0% |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 930 | $1.1M | Reduce -6.2% |
Total filed on the 13F, all lines: $570.3M.
Portfolio Sells Q3 2024 → Q4 2024
| KMX Carmax Inc. | Sold out | 0.00% | −1.41 |
| SWK Stanley Black & Decker Inc. | Sold out | 0.00% | −0.96 |
| QRVO Qorvo Inc. | Sold out | 0.00% | −0.29 |
| LMT Lockheed Martin Corp. | Reduce -0.6% | 1.31% | −0.26 |
| AMGN Amgen Inc. | Reduce -4.3% | 0.88% | −0.25 |
| PEP Pepsico Inc. | Reduce -0.7% | 2.06% | −0.24 |
| KO The Coca-Cola Co. | Reduce -0.5% | 1.50% | −0.22 |
| HD Home Depot Inc. | Reduce -4.7% | 2.54% | −0.21 |
| GD General Dynamics Corp. | Reduce -2.7% | 1.20% | −0.20 |
| CMCSA Comcast Corp. Class A | Reduce -2.7% | 1.46% | −0.19 |
| CSX CSX Corp. | Reduce -0.8% | 2.38% | −0.16 |
| UNP Union Pacific Corp. | Reduce -0.3% | 1.96% | −0.14 |
| LOW Lowe's Cos Inc. | Reduce -1.4% | 1.06% | −0.11 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.3% | 11.39% | −0.09 |
| ABBV Abbvie Inc. | Reduce -1.6% | 0.72% | −0.09 |
| JNJ Johnson & Johnson | Reduce -0.1% | 0.60% | −0.07 |
| SYK Stryker Corp. | Reduce -10.5% | 0.56% | −0.06 |
| MRNA Moderna Inc. | Sold out | 0.00% | −0.04 |
| UNH Unitedhealth Group Inc. | Reduce -5.4% | 0.16% | −0.03 |
| RTX RTX Corp. | Reduce -4.1% | 0.16% | −0.01 |
| SHEL Shell PLC-ADR | Reduce -18.0% | 0.04% | −0.01 |
| PG The Procter & Gamble Co. | Reduce -1.9% | 0.19% | −0.01 |
| KEY Keycorp | Reduce -3.8% | 0.05% | −0.00 |
| MKL Markel Group Inc. | Reduce -0.7% | 0.12% | +0.01 |
| FDX FedEx Corp. | Reduce -0.9% | 3.55% | +0.10 |
| META Meta Platforms Inc. Class A | Reduce -1.9% | 9.93% | +0.13 |
| DIS The Walt Disney Co. | Reduce -1.3% | 1.69% | +0.23 |
| AAPL Apple Inc. | Reduce -1.1% | 3.65% | +0.25 |
| AXP American Express Co. | Reduce -1.9% | 4.06% | +0.32 |
| WFC Wells Fargo & Co. | Reduce -0.7% | 3.66% | +0.73 |
| GOOG Alphabet Inc. Class C | Reduce -0.3% | 15.40% | +1.97 |
Portfolio Buys Q3 2024 → Q4 2024
| UPS United Parcel Service Class B | Add +88.8% | 2.12% | +0.92 |
| GOOGL Alphabet Inc. Class A | Add +0.7% | 3.44% | +0.48 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +4.4% | 2.87% | +0.21 |
| QQQ Invesco QQQ Trust Series 1 | Add +1.4% | 1.24% | +0.08 |
| CSCO Cisco Systems Inc. | Add +1.4% | 0.52% | +0.06 |
| MCK McKesson Corp. | Add +28.6% | 0.15% | +0.05 |
| WBD Warner Bros Discovery Inc. | Add +0.2% | 0.14% | +0.03 |
| CVX Chevron Corp. | Add +11.2% | 0.29% | +0.03 |
| ADX Adams Diversified Equity | Add +8.8% | 0.04% | +0.00 |
| MDT Medtronic PLC | Add +0.2% | 0.10% | −0.01 |
| KHC The Kraft Heinz Co. | Add +10.4% | 0.50% | −0.01 |
| MSFT Microsoft Corp. | Add +0.2% | 9.23% | −0.08 |
| REGN Regeneron Pharmaceuticals | Add +3.0% | 1.00% | −0.42 |
Notes & Other Activity Q3 2024 → Q4 2024
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Reduce -2.6% | 2,374 | $2.9M |
| FLAGSTAR BANK NA (FLG 6 11/01/51) | UNIT 05/07/2051 | Reduce -7.0% | 29,729 | $1.1M |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -6.2% | 930 | $1.1M |
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 |