Founders Capital Management, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 15, 2025), Founders Capital Management, LLC reported 73 stock positions worth $538.6 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 14.0% of the portfolio, followed by Alphabet Class C (GOOG, 13.2%) and Meta Platforms Class A (META, 10.0%). Compared with Q4 2024, it opened 3 new positions, added to 8 and reduced 33. The biggest buy was Pepsico (PEP, shares +0%) and the biggest sale Alphabet Class C (GOOG, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- Hartford, CT
- CIK
- 0001585828
- Portfolio Value
- $538.6M (Q1 2025)
- SEC Filing
- 0001172661-25-001496 ↗ filed Apr 15, 2025
Holdings Value
Holdings 73 stocks · $538.6M
| BRK.B Berkshire Hathaway Inc. Class B | 14.02% | 141,766 | $75.5M | Reduce -0.1% |
| GOOG Alphabet Inc. Class C | 13.24% | 456,377 | $71.3M | Reduce -0.2% |
| META Meta Platforms Inc. Class A | 9.98% | 93,311 | $53.8M | Reduce -2.6% |
| MSFT Microsoft Corp. | 8.60% | 123,341 | $46.3M | Reduce -0.4% |
| WFC Wells Fargo & Co. | 3.88% | 290,883 | $20.9M | Reduce -1.2% |
| AXP American Express Co. | 3.85% | 76,995 | $20.7M | Reduce -0.3% |
| AAPL Apple Inc. | 3.47% | 84,095 | $18.7M | Add +2.2% |
| FDX FedEx Corp. | 3.21% | 70,968 | $17.3M | Reduce -0.4% |
| GOOGL Alphabet Inc. Class A | 3.03% | 105,439 | $16.3M | Add +2.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.80% | 26,980 | $15.1M | Reduce -2.4% |
| HD Home Depot Inc. | 2.44% | 35,870 | $13.1M | Reduce -2.8% |
| CSX CSX Corp. | 2.26% | 413,900 | $12.2M | Reduce -0.8% |
| PEP Pepsico Inc. | 2.14% | 76,920 | $11.5M | Add +0.5% |
| UNP Union Pacific Corp. | 2.12% | 48,318 | $11.4M | Reduce -0.5% |
| UPS United Parcel Service Class B | 2.10% | 102,826 | $11.3M | Add +8.3% |
| KO The Coca-Cola Co. | 1.77% | 133,186 | $9.5M | Reduce -1.9% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.53% | 83,294 | $8.2M | Reduce -2.9% |
| CMCSA Comcast Corp. Class A | 1.52% | 221,736 | $8.2M | Add +1.1% |
| VONE Vanguard Russell 1000 | 1.42% | 30,204 | $7.7M | No change |
| GD General Dynamics Corp. | 1.27% | 25,181 | $6.9M | Reduce -2.5% |
| LMT Lockheed Martin Corp. | 1.26% | 15,179 | $6.8M | Reduce -0.4% |
| QQQ Invesco QQQ Trust Series 1 | 1.19% | 13,667 | $6.4M | Reduce -0.2% |
| AMGN Amgen Inc. | 1.10% | 19,053 | $5.9M | Reduce -0.6% |
| LOW Lowe's Cos Inc. | 1.01% | 23,225 | $5.4M | Reduce -4.2% |
| REGN Regeneron Pharmaceuticals | 0.91% | 7,736 | $4.9M | Reduce -2.9% |
| ABBV Abbvie Inc. | 0.89% | 22,930 | $4.8M | Reduce -0.4% |
| ABT Abbott Laboratories | 0.75% | 30,637 | $4.1M | Reduce -0.8% |
| JNJ Johnson & Johnson | 0.72% | 23,360 | $3.9M | Reduce -0.8% |
| SYK Stryker Corp. | 0.60% | 8,734 | $3.3M | No change |
| CSCO Cisco Systems Inc. | 0.52% | 45,792 | $2.8M | Reduce -7.1% |
| KHC The Kraft Heinz Co. | 0.52% | 92,298 | $2.8M | Reduce -0.0% |
| QSR Restaurant Brands Intern | 0.52% | 41,934 | $2.8M | No change |
| MTB M & T Bank Corp. filed as M & T BK CORP | 0.50% | 14,955 | $2.7M | No change |
| IJR iShares Core S&P Small-Cap E | 0.46% | 23,842 | $2.5M | No change |
| CVX Chevron Corp. | 0.35% | 11,333 | $1.9M | No change |
| MHK Mohawk Industries Inc. | 0.30% | 14,088 | $1.6M | Reduce -2.3% |
| ORCL Oracle Corp. | 0.23% | 8,934 | $1.2M | Reduce -4.0% |
| MCK McKesson Corp. | 0.23% | 1,802 | $1.2M | Add +23.3% |
| RTX RTX Corp. | 0.20% | 7,929 | $1.1M | Reduce -1.3% |
| PG The Procter & Gamble Co. | 0.19% | 6,140 | $1.0M | Reduce -6.4% |
| UNH Unitedhealth Group Inc. | 0.18% | 1,835 | $961K | No change |
| WBD Warner Bros Discovery Inc. | 0.15% | 75,631 | $812K | No change |
| BRK.A Berkshire Hathaway Inc. Class A | 0.15% | 1 | $798K | No change |
| CI The Cigna Group | 0.14% | 2,326 | $765K | No change |
| SAM Boston Beer Company Inc. Class A | 0.13% | 2,995 | $715K | No change |
| AMZN Amazon.com Inc. | 0.13% | 3,739 | $711K | Add +21.2% |
| MKL Markel Group Inc. | 0.13% | 362 | $677K | Reduce -11.1% |
| MDT Medtronic PLC | 0.12% | 7,431 | $668K | No change |
| WMT Walmart Inc. | 0.12% | 7,440 | $653K | No change |
| WBS Webster Financial Corp. | 0.11% | 11,079 | $571K | No change |
| MA Mastercard Inc. Class A | 0.10% | 1,021 | $560K | No change |
| PNC PNC Financial Services Group | 0.10% | 3,159 | $555K | No change |
| FBP First Bancorp Puerto Rico | 0.09% | 26,000 | $498K | No change |
| AMP Ameriprise Financial Inc. | 0.09% | 1,000 | $484K | No change |
| NSC Norfolk Southern Corp. | 0.08% | 1,887 | $447K | Reduce -2.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.08% | 10,511 | $439K | Reduce -15.4% |
| LRCX Lam Research Corp. | 0.08% | 5,609 | $408K | New |
| OFG Ofg Bancorp | 0.07% | 10,000 | $400K | No change |
| NYT New York Times Co. Class A | 0.07% | 8,000 | $397K | No change |
| FAST Fastenal Co. | 0.07% | 5,100 | $396K | No change |
| CAC Camden National Corp. | 0.07% | 9,300 | $376K | No change |
| GIS General Mills Inc. | 0.07% | 5,998 | $359K | Reduce -10.0% |
| TSM Taiwan Semiconductor-SP ADR | 0.06% | 2,103 | $349K | No change |
| V Visa Inc. Class A | 0.06% | 995 | $349K | No change |
| CARR Carrier Global Corp. | 0.06% | 5,050 | $320K | No change |
| DRI Darden Restaurants Inc. | 0.06% | 1,500 | $312K | No change |
| OTIS Otis Worldwide Corp. | 0.05% | 2,537 | $262K | No change |
| SHEL Shell PLC-ADR | 0.05% | 3,496 | $256K | No change |
| KEY Keycorp | 0.04% | 14,857 | $238K | No change |
| INTC Intel Corp. | 0.04% | 10,196 | $232K | Reduce -4.1% |
| ADX Adams Diversified Equity | 0.04% | 11,352 | $216K | Add +2.1% |
| COF Capital One Financial Corp. | 0.04% | 1,200 | $215K | New |
| JPM JPMorgan Chase & Co. | 0.04% | 817 | $200K | New |
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 | 2,357 | $2.9M | Reduce -0.7% |
| FLAGSTAR BANK NA (FLG 6 11/01/51) | UNIT 05/07/2051 | 29,679 | $1.1M | Reduce -0.2% |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 886 | $1.1M | Reduce -4.7% |
Total filed on the 13F, all lines: $543.7M.
Portfolio Sells Q4 2024 → Q1 2025
| GOOG Alphabet Inc. Class C | Reduce -0.2% | 13.24% | −2.17 |
| MSFT Microsoft Corp. | Reduce -0.4% | 8.60% | −0.64 |
| FDX FedEx Corp. | Reduce -0.4% | 3.21% | −0.33 |
| AXP American Express Co. | Reduce -0.3% | 3.85% | −0.21 |
| DIS The Walt Disney Co. | Reduce -2.9% | 1.53% | −0.16 |
| CSX CSX Corp. | Reduce -0.8% | 2.26% | −0.12 |
| HD Home Depot Inc. | Reduce -2.8% | 2.44% | −0.10 |
| REGN Regeneron Pharmaceuticals | Reduce -2.9% | 0.91% | −0.09 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -2.4% | 2.80% | −0.06 |
| LOW Lowe's Cos Inc. | Reduce -4.2% | 1.01% | −0.05 |
| LMT Lockheed Martin Corp. | Reduce -0.4% | 1.26% | −0.05 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -0.2% | 1.19% | −0.05 |
| ORCL Oracle Corp. | Reduce -4.0% | 0.23% | −0.04 |
| BAC Bank of America Corp. | Reduce -15.4% | 0.08% | −0.02 |
| GIS General Mills Inc. | Reduce -10.0% | 0.07% | −0.01 |
| MHK Mohawk Industries Inc. | Reduce -2.3% | 0.30% | −0.01 |
| PG The Procter & Gamble Co. | Reduce -6.4% | 0.19% | −0.00 |
| MKL Markel Group Inc. | Reduce -11.1% | 0.13% | +0.00 |
| NSC Norfolk Southern Corp. | Reduce -2.1% | 0.08% | +0.00 |
| INTC Intel Corp. | Reduce -4.1% | 0.04% | +0.01 |
| CSCO Cisco Systems Inc. | Reduce -7.1% | 0.52% | +0.01 |
| KHC The Kraft Heinz Co. | Reduce -0.0% | 0.52% | +0.02 |
| RTX RTX Corp. | Reduce -1.3% | 0.20% | +0.03 |
| META Meta Platforms Inc. Class A | Reduce -2.6% | 9.98% | +0.06 |
| GD General Dynamics Corp. | Reduce -2.5% | 1.27% | +0.07 |
| JNJ Johnson & Johnson | Reduce -0.8% | 0.72% | +0.12 |
| ABT Abbott Laboratories | Reduce -0.8% | 0.75% | +0.14 |
| UNP Union Pacific Corp. | Reduce -0.5% | 2.12% | +0.16 |
| ABBV Abbvie Inc. | Reduce -0.4% | 0.89% | +0.17 |
| WFC Wells Fargo & Co. | Reduce -1.2% | 3.88% | +0.22 |
| AMGN Amgen Inc. | Reduce -0.6% | 1.10% | +0.22 |
| KO The Coca-Cola Co. | Reduce -1.9% | 1.77% | +0.28 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.1% | 14.02% | +2.63 |
Portfolio Buys Q4 2024 → Q1 2025
| PEP Pepsico Inc. | Add +0.5% | 2.14% | +0.08 |
| MCK McKesson Corp. | Add +23.3% | 0.23% | +0.08 |
| LRCX Lam Research Corp. | New | 0.08% | +0.08 |
| CMCSA Comcast Corp. Class A | Add +1.1% | 1.52% | +0.06 |
| COF Capital One Financial Corp. | New | 0.04% | +0.04 |
| JPM JPMorgan Chase & Co. | New | 0.04% | +0.04 |
| AMZN Amazon.com Inc. | Add +21.2% | 0.13% | +0.01 |
| ADX Adams Diversified Equity | Add +2.1% | 0.04% | +0.00 |
| UPS United Parcel Service Class B | Add +8.3% | 2.10% | −0.02 |
| AAPL Apple Inc. | Add +2.2% | 3.47% | −0.18 |
| GOOGL Alphabet Inc. Class A | Add +2.5% | 3.03% | −0.42 |
Notes & Other Activity Q4 2024 → Q1 2025
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Reduce -0.7% | 2,357 | $2.9M |
| FLAGSTAR BANK NA (FLG 6 11/01/51) | UNIT 05/07/2051 | Reduce -0.2% | 29,679 | $1.1M |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -4.7% | 886 | $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 |