Founders Capital Management, LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 10, 2025), Founders Capital Management, LLC reported 77 stock positions worth $635.3 million. Its top holding was Alphabet Class C (GOOG) at 17.1% of the portfolio, followed by Berkshire Hathaway Class B (BRK.B, 11.1%) and Meta Platforms Class A (META, 10.7%). Compared with Q2 2025, it opened 2 new positions, added to 6 and reduced 27. The biggest buy was Alphabet Class A (GOOGL, shares +0%) and the biggest sale Meta Platforms Class A (META, shares −1%).

Most Recent 13F
Q2 2026
Location
Hartford, CT
CIK
0001585828
Portfolio Value
$635.3M (Q3 2025)
SEC Filing
0001172661-25-004246 ↗ filed Oct 10, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $535.3M Q1 2024 Q2 2024: $551.7M Q2 2024 Q3 2024: $571.0M Q3 2024 Q4 2024: $565.2M Q4 2024 Q1 2025: $538.6M Q1 2025 Q2 2025: $582.2M Q2 2025 Q3 2025: $635.3M $635.3M Q3 2025 Q4 2025: $669.6M Q4 2025 Q1 2026: $604.9M Q1 2026 Q2 2026: $666.4M Q2 2026

Holdings 77 stocks · $635.3M
GOOG Alphabet Inc. Class C 17.15% 447,331 $108.9M Reduce -1.0%
BRK.B Berkshire Hathaway Inc. Class B 11.11% 140,392 $70.6M Reduce -0.6%
META Meta Platforms Inc. Class A 10.71% 92,670 $68.1M Reduce -1.0%
MSFT Microsoft Corp. 9.91% 121,516 $62.9M Reduce -1.1%
GOOGL Alphabet Inc. Class A 4.27% 111,649 $27.1M Add +0.1%
AXP American Express Co. 4.03% 77,163 $25.6M Reduce -0.4%
WFC Wells Fargo & Co. 3.77% 285,618 $23.9M Reduce -1.7%
AAPL Apple Inc. 2.99% 74,632 $19.0M Reduce -2.1%
SPY SS SPDR S&P 500 ETF Trust-US 2.81% 26,808 $17.9M Reduce -0.0%
FDX FedEx Corp. 2.58% 69,550 $16.4M Reduce -0.1%
CSX CSX Corp. 2.28% 407,891 $14.5M Reduce -1.1%
HD Home Depot Inc. 2.16% 33,846 $13.7M Reduce -1.8%
UNP Union Pacific Corp. 1.86% 49,868 $11.8M No change
PEP Pepsico Inc. 1.85% 83,595 $11.7M Add +0.2%
UPS United Parcel Service Class B 1.51% 114,890 $9.6M Add +3.1%
VONE Vanguard Russell 1000 1.44% 30,204 $9.1M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 1.41% 78,434 $9.0M Reduce -1.2%
KO The Coca-Cola Co. 1.38% 132,184 $8.8M Reduce -0.6%
GD General Dynamics Corp. 1.32% 24,528 $8.4M Reduce -1.0%
QQQ Invesco QQQ Trust Series 1 1.29% 13,667 $8.2M No change
LMT Lockheed Martin Corp. 1.15% 14,688 $7.3M Reduce -1.7%
CMCSA Comcast Corp. Class A 1.10% 223,087 $7.0M Reduce -0.2%
LOW Lowe's Cos Inc. 0.88% 22,185 $5.6M Reduce -1.5%
AMGN Amgen Inc. 0.84% 19,006 $5.4M Reduce -0.0%
ABBV Abbvie Inc. 0.83% 22,861 $5.3M Reduce -0.3%
REGN Regeneron Pharmaceuticals 0.73% 8,277 $4.7M Add +0.0%
JNJ Johnson & Johnson 0.67% 23,004 $4.3M No change
ABT Abbott Laboratories 0.64% 30,384 $4.1M Reduce -0.2%
CNI Canadian Natl Railway Co. 0.53% 35,376 $3.3M Add +10.4%
CSCO Cisco Systems Inc. 0.49% 45,142 $3.1M Reduce -1.1%
MTB M & T Bank Corp. filed as M & T BK CORP 0.49% 15,628 $3.1M No change
SYK Stryker Corp. 0.43% 7,472 $2.8M No change
QSR Restaurant Brands Intern 0.42% 41,816 $2.7M No change
ORCL Oracle Corp. 0.40% 8,934 $2.5M No change
KHC The Kraft Heinz Co. 0.39% 95,644 $2.5M Reduce -0.3%
CVX Chevron Corp. 0.33% 13,417 $2.1M No change
MHK Mohawk Industries Inc. 0.29% 14,088 $1.8M No change
WBD Warner Bros Discovery Inc. 0.23% 74,927 $1.5M Reduce -0.9%
RTX RTX Corp. 0.21% 7,929 $1.3M No change
MCK McKesson Corp. 0.21% 1,710 $1.3M Reduce -1.8%
IJR iShares Core S&P Small-Cap E 0.19% 10,172 $1.2M No change
PG The Procter & Gamble Co. 0.15% 6,140 $943K No change
PNC PNC Financial Services Group 0.12% 3,923 $788K No change
WMT Walmart Inc. 0.12% 7,440 $767K No change
AMZN Amazon.com Inc. 0.12% 3,447 $757K Reduce -5.0%
BRK.A Berkshire Hathaway Inc. Class A 0.12% 1 $754K No change
LRCX Lam Research Corp. 0.12% 5,609 $751K No change
MDT Medtronic PLC 0.11% 7,431 $708K No change
CI The Cigna Group 0.11% 2,326 $670K No change
MKL Markel Group Inc. 0.10% 346 $661K No change
WBS Webster Financial Corp. 0.10% 11,079 $659K No change
SAM Boston Beer Company Inc. Class A 0.10% 2,995 $633K No change
TMO Thermo Fisher Scientific Inc. 0.10% 1,257 $610K No change
TSM Taiwan Semiconductor-SP ADR 0.09% 2,103 $587K No change
MA Mastercard Inc. Class A 0.09% 1,021 $581K No change
FBP First Bancorp Puerto Rico 0.09% 26,000 $573K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.09% 10,511 $542K No change
FAST Fastenal Co. 0.08% 10,200 $500K No change
AMP Ameriprise Financial Inc. 0.08% 1,000 $491K No change
NYT New York Times Co. Class A 0.07% 8,000 $459K No change
OFG Ofg Bancorp 0.07% 10,000 $435K No change
NSC Norfolk Southern Corp. 0.06% 1,355 $407K Reduce -20.4%
CAC Camden National Corp. 0.06% 9,300 $359K No change
V Visa Inc. Class A 0.05% 995 $340K No change
UNH Unitedhealth Group Inc. 0.05% 953 $329K No change
CARR Carrier Global Corp. 0.05% 5,050 $301K No change
DRI Darden Restaurants Inc. 0.04% 1,500 $286K No change
INTC Intel Corp. 0.04% 8,450 $283K New
KEY Keycorp 0.04% 14,857 $278K No change
ADX Adams Diversified Equity 0.04% 11,822 $264K Add +2.0%
COF Capital One Financial Corp. 0.04% 1,200 $255K No change
SHEL Shell PLC-ADR 0.04% 3,496 $250K No change
OTIS Otis Worldwide Corp. 0.04% 2,537 $232K No change
JPM JPMorgan Chase & Co. 0.04% 707 $223K Reduce -13.5%
HIG Hartford Insurance Group Inc. 0.03% 1,600 $213K No change
CMI Cummins Inc. 0.03% 494 $209K New
GIS General Mills Inc. 0.03% 4,000 $202K No change
Other holdings (2): bonds, preferreds, convertibles and warrants · $3.9M (not counted above)
SecurityClassShares / PrincipalValueChange
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 2,293$2.9MNo change
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 788$973KReduce -11.0%

Total filed on the 13F, all lines: $639.2M.

Portfolio Sells Q2 2025 → Q3 2025
META Meta Platforms Inc. Class A Reduce -1.0% 10.71% −1.15
BRK.B Berkshire Hathaway Inc. Class B Reduce -0.6% 11.11% −0.68
MSFT Microsoft Corp. Reduce -1.1% 9.91% −0.59
DIS The Walt Disney Co. Reduce -1.2% 1.41% −0.28
CMCSA Comcast Corp. Class A Reduce -0.2% 1.10% −0.27
KO The Coca-Cola Co. Reduce -0.6% 1.38% −0.24
WFC Wells Fargo & Co. Reduce -1.7% 3.77% −0.23
AXP American Express Co. Reduce -0.4% 4.03% −0.21
FDX FedEx Corp. Reduce -0.1% 2.58% −0.14
ABT Abbott Laboratories Reduce -0.2% 0.64% −0.07
AMGN Amgen Inc. Reduce -0.0% 0.84% −0.07
CSCO Cisco Systems Inc. Reduce -1.1% 0.49% −0.06
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.0% 2.81% −0.04
LMT Lockheed Martin Corp. Reduce -1.7% 1.15% −0.03
KHC The Kraft Heinz Co. Reduce -0.3% 0.39% −0.03
CSX CSX Corp. Reduce -1.1% 2.28% −0.03
AMZN Amazon.com Inc. Reduce -5.0% 0.12% −0.02
HD Home Depot Inc. Reduce -1.8% 2.16% −0.01
MCK McKesson Corp. Reduce -1.8% 0.21% −0.01
NSC Norfolk Southern Corp. Reduce -20.4% 0.06% −0.01
JPM JPMorgan Chase & Co. Reduce -13.5% 0.04% −0.01
LOW Lowe's Cos Inc. Reduce -1.5% 0.88% +0.02
GD General Dynamics Corp. Reduce -1.0% 1.32% +0.08
WBD Warner Bros Discovery Inc. Reduce -0.9% 0.23% +0.08
ABBV Abbvie Inc. Reduce -0.3% 0.83% +0.10
AAPL Apple Inc. Reduce -2.1% 2.99% +0.31
GOOG Alphabet Inc. Class C Reduce -1.0% 17.15% +3.38

Portfolio Buys Q2 2025 → Q3 2025
GOOGL Alphabet Inc. Class A Add +0.1% 4.27% +0.89
INTC Intel Corp. New 0.04% +0.04
CMI Cummins Inc. New 0.03% +0.03
ADX Adams Diversified Equity Add +2.0% 0.04% −0.00
REGN Regeneron Pharmaceuticals Add +0.0% 0.73% −0.01
PEP Pepsico Inc. Add +0.2% 1.85% −0.04
CNI Canadian Natl Railway Co. Add +10.4% 0.53% −0.05
UPS United Parcel Service Class B Add +3.1% 1.51% −0.42

Notes & Other Activity Q2 2025 → Q3 2025
FLAGSTAR BANK NA (FLG 6 11/01/51) UNIT 05/07/2051 Sold out 27,576 $1.1Mbefore exit
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A Reduce -11.0% 788 $973K

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 77$666.4MGOOG, BRK.B, META, MSFT, GOOGL
Q1 2026 72$604.9MGOOG, BRK.B, META, MSFT, GOOGL
Q4 2025 77$669.6MGOOG, BRK.B, META, MSFT, GOOGL
Q3 2025 77$635.3MGOOG, BRK.B, META, MSFT, GOOGL
Q2 2025 75$582.2MGOOG, META, BRK.B, MSFT, AXP
Q1 2025 73$538.6MBRK.B, GOOG, META, MSFT, WFC
Q4 2024 70$565.2MGOOG, BRK.B, META, MSFT, AXP
Q3 2024 74$571.0MGOOG, BRK.B, META, MSFT, AXP
Q2 2024 74$551.7MGOOG, BRK.B, MSFT, META, FDX
Q1 2024 75$535.3MGOOG, BRK.B, MSFT, META, FDX