Richard C. Young & CO., LTD.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 8, 2024), Richard C. Young & CO., LTD. reported 74 stock positions worth $796.5 million. Its top holding was SPDR Gold Minishares Trust (GLDM) at 4.9% of the portfolio, followed by SPDR Gold Shares (GLD, 3.5%) and Merck (MRK, 3.2%). Compared with Q4 2023, it opened 10 new positions, sold out of 10, added to 29 and reduced 33. The biggest buy was a new position in Broadcom (AVGO) and the biggest sale an exit from CVS Health (CVS).
- Most Recent 13F
- Q2 2026
- Location
- NEWPORT, RI
- CIK
- 0001387304
- Portfolio Value
- $796.5M (Q1 2024)
- SEC Filing
- 0001387304-24-000004 ↗ filed May 8, 2024
Holdings Value
Holdings 74 stocks · $796.5M
| GLDM SPDR Gold Minishares Trust | 4.86% | 878,502 | $38.7M | Reduce -1.3% |
| GLD SPDR Gold Shares | 3.48% | 134,883 | $27.7M | Reduce -2.2% |
| MRK Merck & Co. Inc. | 3.21% | 193,750 | $25.6M | Reduce -1.1% |
| V Visa Inc. Class A | 3.02% | 86,062 | $24.0M | Reduce -1.4% |
| CAT Caterpillar Inc. | 2.59% | 56,364 | $20.7M | Reduce -1.2% |
| XOM Exxon Mobil Corp. | 2.54% | 174,301 | $20.3M | Add +0.4% |
| TXN Texas Instruments Inc. | 2.53% | 115,824 | $20.2M | Reduce -1.0% |
| PG The Procter & Gamble Co. | 2.43% | 119,112 | $19.3M | Add +0.4% |
| LOW Lowe's Cos Inc. | 2.42% | 75,584 | $19.3M | Reduce -0.9% |
| ADP Automatic Data Processing | 2.31% | 73,557 | $18.4M | Reduce -0.3% |
| AVGO Broadcom Inc. | 2.25% | 13,512 | $17.9M | New |
| PSX Phillips 66 | 2.18% | 106,536 | $17.4M | Reduce -0.6% |
| NSC Norfolk Southern Corp. | 2.18% | 67,992 | $17.3M | Reduce -3.0% |
| SLV iShares Silver Trust | 2.07% | 725,674 | $16.5M | Reduce -2.0% |
| MSFT Microsoft Corp. | 1.97% | 37,209 | $15.7M | Add +1671.0% |
| AMZN Amazon.com Inc. | 1.94% | 85,703 | $15.5M | New |
| GOOGL Alphabet Inc. Class A | 1.93% | 101,903 | $15.4M | New |
| SO The Southern Co. | 1.92% | 213,707 | $15.3M | Reduce -1.0% |
| CVX Chevron Corp. | 1.90% | 95,728 | $15.1M | Add +1.1% |
| VLO Valero Energy Corp. | 1.86% | 86,614 | $14.8M | Reduce -2.4% |
| LHX L3HARRIS Technologies Inc. | 1.79% | 67,053 | $14.3M | Add +0.7% |
| T AT&T Inc. | 1.78% | 807,590 | $14.2M | Add +1.1% |
| VZ Verizon Communications Inc. | 1.78% | 337,503 | $14.2M | Add +0.1% |
| ITW Illinois Tool Works | 1.76% | 52,261 | $14.0M | Reduce -1.9% |
| ORCL Oracle Corp. | 1.66% | 105,227 | $13.2M | Add +0.7% |
| AFL Aflac Inc. | 1.65% | 153,274 | $13.2M | Add +0.8% |
| ADI Analog Devices Inc. | 1.65% | 66,535 | $13.2M | Reduce -1.4% |
| EMR Emerson Electric Co. | 1.63% | 114,799 | $13.0M | Add +1.0% |
| KMI Kinder Morgan Inc. | 1.61% | 701,392 | $12.9M | Reduce -0.5% |
| NVS Novartis AG-Sponsored ADR | 1.60% | 131,600 | $12.7M | Reduce -4.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.57% | 65,297 | $12.5M | Reduce -0.8% |
| WMB Williams Cos Inc. | 1.56% | 318,141 | $12.4M | Add +0.5% |
| APD Air Products & Chemicals Inc. | 1.54% | 50,558 | $12.2M | Add +1.2% |
| MDT Medtronic PLC | 1.49% | 135,775 | $11.8M | Add +7.6% |
| MCD McDonald's Corp. | 1.47% | 41,534 | $11.7M | Reduce -1.8% |
| PFE Pfizer Inc. | 1.45% | 417,506 | $11.6M | Add +115.9% |
| JNJ Johnson & Johnson | 1.44% | 72,704 | $11.5M | Add +0.7% |
| FTS Fortis Inc. | 1.44% | 290,229 | $11.5M | Reduce -1.4% |
| HSY The Hershey Co. | 1.44% | 58,872 | $11.5M | Reduce -0.0% |
| UL Unilever PLC | 1.41% | 224,354 | $11.3M | Reduce -4.7% |
| WMT Walmart Inc. | 1.40% | 185,777 | $11.2M | Add +7.1% |
| UNP Union Pacific Corp. | 1.37% | 44,333 | $10.9M | Add +1.4% |
| CMI Cummins Inc. | 1.35% | 36,475 | $10.7M | Add +0.3% |
| GD General Dynamics Corp. | 1.32% | 37,247 | $10.5M | Add +5.9% |
| SJM The JM Smucker Co. filed as SMUCKER J M CO | 1.30% | 82,443 | $10.4M | Add +1.5% |
| HD Home Depot Inc. | 1.23% | 25,464 | $9.8M | Reduce -1.8% |
| PNC PNC Financial Services Group | 1.21% | 59,715 | $9.6M | Reduce -2.1% |
| JPM JPMorgan Chase & Co. | 1.21% | 47,926 | $9.6M | New |
| KR Kroger Co. | 1.04% | 144,663 | $8.3M | Reduce -3.8% |
| KVUE Kenvue Inc. | 0.98% | 363,270 | $7.8M | Add +0.3% |
| CL Colgate-Palmolive Co. | 0.90% | 79,508 | $7.2M | Reduce -2.2% |
| AVA Avista Corp. | 0.76% | 173,630 | $6.1M | Add +1.6% |
| SNY Sanofi-ADR | 0.73% | 120,182 | $5.8M | Reduce -6.0% |
| ROK Rockwell Automation Inc. | 0.66% | 18,032 | $5.3M | Reduce -2.0% |
| FUTY Fidelity MSCI US Utilities | 0.43% | 80,675 | $3.4M | Reduce -2.5% |
| WEC WEC Energy Group Inc. | 0.42% | 40,470 | $3.3M | Reduce -6.5% |
| VYM Vanguard High DVD Yield ETF | 0.42% | 27,381 | $3.3M | Add +2.2% |
| ABBV Abbvie Inc. | 0.32% | 13,890 | $2.5M | New |
| AWR American States Water Co. filed as AMER STATES WTR CO | 0.32% | 34,746 | $2.5M | Add +28.9% |
| AAPL Apple Inc. | 0.29% | 13,660 | $2.3M | New |
| SIVR Abrdn Physical Silver Shares | 0.21% | 69,783 | $1.7M | Reduce -4.5% |
| INTC Intel Corp. | 0.21% | 37,489 | $1.7M | Add +0.9% |
| VIG Vanguard Dividend Apprec ETF | 0.14% | 6,022 | $1.1M | Add +9.0% |
| VEU Vanguard Ftse All-World Ex-U | 0.11% | 15,181 | $890K | Reduce -0.2% |
| VTI VG Morningstar TS MKT ETF-US | 0.06% | 1,804 | $469K | Add +0.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.06% | 1,056 | $444K | No change |
| BDX Becton Dickinson and Co. | 0.05% | 1,464 | $362K | No change |
| VDC Vanguard Consumer Staple ETF | 0.04% | 1,413 | $288K | Add +0.4% |
| PEP Pepsico Inc. | 0.03% | 1,570 | $275K | Add +0.8% |
| AMT American Tower Corp. | 0.03% | 1,135 | $224K | New |
| UPS United Parcel Service Class B | 0.03% | 1,490 | $222K | Reduce -98.2% |
| IVV iShares Core S&P 500 ETF | 0.03% | 419 | $220K | New |
| AMLP Alerian MLP ETF | 0.03% | 4,627 | $220K | New |
| CEF Sprott Physical Gold and Sil | 0.03% | 9,882 | $201K | New |
Portfolio Sells Q4 2023 → Q1 2024
| CVS CVS Health Corp. | Sold out | 0.00% | −2.57 |
| CSCO Cisco Systems Inc. | Sold out | 0.00% | −1.97 |
| KMB Kimberly-Clark Corp. | Sold out | 0.00% | −1.81 |
| UPS United Parcel Service Class B | Reduce -98.2% | 0.03% | −1.68 |
| FHLC Fidelity MSCI Health Care | Sold out | 0.00% | −0.91 |
| TROW T Rowe Price Group Inc. | Sold out | 0.00% | −0.81 |
| FDX FedEx Corp. | Sold out | 0.00% | −0.43 |
| WBA Walgreens Boots Alliance Inc. | Sold out | 0.00% | −0.33 |
| FNCL Fidelity MSCI Financial Indx | Sold out | 0.00% | −0.32 |
| NVS Novartis AG-Sponsored ADR | Reduce -4.0% | 1.60% | −0.26 |
| MCD McDonald's Corp. | Reduce -1.8% | 1.47% | −0.21 |
| FTS Fortis Inc. | Reduce -1.4% | 1.44% | −0.18 |
| ADI Analog Devices Inc. | Reduce -1.4% | 1.65% | −0.14 |
| TXN Texas Instruments Inc. | Reduce -1.0% | 2.53% | −0.14 |
| SNY Sanofi-ADR | Reduce -6.0% | 0.73% | −0.12 |
| UL Unilever PLC | Reduce -4.7% | 1.41% | −0.12 |
| ITW Illinois Tool Works | Reduce -1.9% | 1.76% | −0.11 |
| ROK Rockwell Automation Inc. | Reduce -2.0% | 0.66% | −0.11 |
| SO The Southern Co. | Reduce -1.0% | 1.92% | −0.10 |
| SLV iShares Silver Trust | Reduce -2.0% | 2.07% | −0.09 |
| WEC WEC Energy Group Inc. | Reduce -6.5% | 0.42% | −0.07 |
| VHT Vanguard Health Care ETF | Sold out | 0.00% | −0.06 |
| PNC PNC Financial Services Group | Reduce -2.1% | 1.21% | −0.06 |
| KMI Kinder Morgan Inc. | Reduce -0.5% | 1.61% | −0.05 |
| GLD SPDR Gold Shares | Reduce -2.2% | 3.48% | −0.05 |
| VCIT Vanguard Int-Term Corporate | Sold out | 0.00% | −0.05 |
| NSC Norfolk Southern Corp. | Reduce -3.0% | 2.18% | −0.04 |
| HSY The Hershey Co. | Reduce -0.0% | 1.44% | −0.03 |
| V Visa Inc. Class A | Reduce -1.4% | 3.02% | −0.03 |
| FUTY Fidelity MSCI US Utilities | Reduce -2.5% | 0.43% | −0.02 |
| GLDM SPDR Gold Minishares Trust | Reduce -1.3% | 4.86% | −0.02 |
| SIVR Abrdn Physical Silver Shares | Reduce -4.5% | 0.21% | −0.01 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -0.2% | 0.11% | −0.00 |
| ADP Automatic Data Processing | Reduce -0.3% | 2.31% | +0.00 |
| HD Home Depot Inc. | Reduce -1.8% | 1.23% | +0.02 |
| CL Colgate-Palmolive Co. | Reduce -2.2% | 0.90% | +0.03 |
| KR Kroger Co. | Reduce -3.8% | 1.04% | +0.12 |
| IBM Intl Business Machines Corp. | Reduce -0.8% | 1.57% | +0.12 |
| LOW Lowe's Cos Inc. | Reduce -0.9% | 2.42% | +0.14 |
| PSX Phillips 66 | Reduce -0.6% | 2.18% | +0.27 |
| VLO Valero Energy Corp. | Reduce -2.4% | 1.86% | +0.31 |
| CAT Caterpillar Inc. | Reduce -1.2% | 2.59% | +0.33 |
| MRK Merck & Co. Inc. | Reduce -1.1% | 3.21% | +0.35 |
Portfolio Buys Q4 2023 → Q1 2024
| AVGO Broadcom Inc. | New | 2.25% | +2.25 |
| AMZN Amazon.com Inc. | New | 1.94% | +1.94 |
| GOOGL Alphabet Inc. Class A | New | 1.93% | +1.93 |
| MSFT Microsoft Corp. | Add +1671.0% | 1.97% | +1.86 |
| JPM JPMorgan Chase & Co. | New | 1.21% | +1.21 |
| PFE Pfizer Inc. | Add +115.9% | 1.45% | +0.71 |
| ABBV Abbvie Inc. | New | 0.32% | +0.32 |
| AAPL Apple Inc. | New | 0.29% | +0.29 |
| XOM Exxon Mobil Corp. | Add +0.4% | 2.54% | +0.22 |
| ORCL Oracle Corp. | Add +0.7% | 1.66% | +0.18 |
| CMI Cummins Inc. | Add +0.3% | 1.35% | +0.18 |
| WMT Walmart Inc. | Add +7.1% | 1.40% | +0.18 |
| EMR Emerson Electric Co. | Add +1.0% | 1.63% | +0.15 |
| GD General Dynamics Corp. | Add +5.9% | 1.32% | +0.10 |
| PG The Procter & Gamble Co. | Add +0.4% | 2.43% | +0.10 |
| MDT Medtronic PLC | Add +7.6% | 1.49% | +0.09 |
| WMB Williams Cos Inc. | Add +0.5% | 1.56% | +0.08 |
| VZ Verizon Communications Inc. | Add +0.1% | 1.78% | +0.07 |
| AMT American Tower Corp. | New | 0.03% | +0.03 |
| AMLP Alerian MLP ETF | New | 0.03% | +0.03 |
| IVV iShares Core S&P 500 ETF | New | 0.03% | +0.03 |
| CEF Sprott Physical Gold and Sil | New | 0.03% | +0.03 |
| AWR American States Water Co. | Add +28.9% | 0.32% | +0.02 |
| VYM Vanguard High DVD Yield ETF | Add +2.2% | 0.42% | +0.01 |
| VIG Vanguard Dividend Apprec ETF | Add +9.0% | 0.14% | +0.01 |
| CVX Chevron Corp. | Add +1.1% | 1.90% | +0.00 |
| VTI VG Morningstar TS MKT ETF-US | Add +0.3% | 0.06% | +0.00 |
| VDC Vanguard Consumer Staple ETF | Add +0.4% | 0.04% | +0.00 |
| PEP Pepsico Inc. | Add +0.8% | 0.03% | −0.00 |
| T AT&T Inc. | Add +1.1% | 1.78% | −0.01 |
| AFL Aflac Inc. | Add +0.8% | 1.65% | −0.03 |
| INTC Intel Corp. | Add +0.9% | 0.21% | −0.04 |
| AVA Avista Corp. | Add +1.6% | 0.76% | −0.06 |
| KVUE Kenvue Inc. | Add +0.3% | 0.98% | −0.07 |
| UNP Union Pacific Corp. | Add +1.4% | 1.37% | −0.07 |
| JNJ Johnson & Johnson | Add +0.7% | 1.44% | −0.07 |
| SJM The JM Smucker Co. | Add +1.5% | 1.30% | −0.07 |
| LHX L3HARRIS Technologies Inc. | Add +0.7% | 1.79% | −0.09 |
| APD Air Products & Chemicals Inc. | Add +1.2% | 1.54% | −0.30 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 101 | $1.4B | MU, DELL, CAT, GLDM, AVGO |
| Q1 2026 | 93 | $1.2B | GLDM, GLD, AVGO, SLV, GOOGL |
| Q4 2025 | 88 | $1.1B | GLDM, GLD, AVGO, GOOGL, SLV |
| Q3 2025 | 91 | $1.1B | GLDM, AVGO, GLD, NVDA, GOOGL |
| Q2 2025 | 87 | $1.0B | GLDM, GLD, AVGO, V, NVDA |
| Q1 2025 | 86 | $930.9M | GLDM, GLD, V, T, AVGO |
| Q4 2024 | 87 | $917.9M | GLDM, GLD, AVGO, V, GOOGL |
| Q3 2024 | 81 | $915.6M | GLDM, GLD, TXN, V, AVGO |
| Q2 2024 | 77 | $822.6M | GLDM, GLD, MRK, V, TXN |
| Q1 2024 | 74 | $796.5M | GLDM, GLD, MRK, V, CAT |