Richard C. Young & CO., LTD.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 28, 2025), Richard C. Young & CO., LTD. reported 87 stock positions worth $917.9 million. Its top holding was SPDR Gold Minishares Trust (GLDM) at 5.0% of the portfolio, followed by SPDR Gold Shares (GLD, 3.5%) and Broadcom (AVGO, 3.4%). Compared with Q3 2024, it opened 10 new positions, sold out of 4, added to 40 and reduced 34. The biggest buy was a new position in Dell Technologies -C (DELL) and the biggest sale Aflac (AFL, shares −55%).
- Most Recent 13F
- Q2 2026
- Location
- NEWPORT, RI
- CIK
- 0001387304
- Portfolio Value
- $917.9M (Q4 2024)
- SEC Filing
- 0001387304-25-000003 ↗ filed Jan 28, 2025
Holdings Value
Holdings 87 stocks · $917.9M
| GLDM SPDR Gold Minishares Trust | 4.96% | 875,132 | $45.5M | Add +0.1% |
| GLD SPDR Gold Shares | 3.51% | 133,002 | $32.2M | Reduce -2.1% |
| AVGO Broadcom Inc. | 3.45% | 136,493 | $31.6M | Add +0.1% |
| V Visa Inc. Class A | 3.00% | 87,206 | $27.6M | Reduce -0.7% |
| GOOGL Alphabet Inc. Class A | 2.36% | 114,607 | $21.7M | Add +0.6% |
| ADP Automatic Data Processing | 2.36% | 74,041 | $21.7M | Reduce -0.3% |
| PG The Procter & Gamble Co. | 2.26% | 123,853 | $20.8M | Add +2.1% |
| CAT Caterpillar Inc. | 2.20% | 55,755 | $20.2M | Reduce -1.8% |
| KMI Kinder Morgan Inc. | 2.19% | 733,767 | $20.1M | Add +0.3% |
| AAPL Apple Inc. | 2.19% | 80,210 | $20.1M | Add +1.5% |
| MRK Merck & Co. Inc. | 2.13% | 196,846 | $19.6M | Add +0.0% |
| AMZN Amazon.com Inc. | 2.11% | 88,347 | $19.4M | Add +0.7% |
| XOM Exxon Mobil Corp. | 2.10% | 179,274 | $19.3M | Reduce -0.3% |
| T AT&T Inc. | 2.09% | 844,411 | $19.2M | Add +1.0% |
| SLV iShares Silver Trust | 2.07% | 723,218 | $19.0M | Reduce -1.5% |
| SO The Southern Co. | 1.99% | 222,149 | $18.3M | Add +0.3% |
| LOW Lowe's Cos Inc. | 1.99% | 73,947 | $18.3M | Reduce -4.1% |
| WMB Williams Cos Inc. | 1.97% | 334,905 | $18.1M | Reduce -0.2% |
| ORCL Oracle Corp. | 1.93% | 106,416 | $17.7M | Reduce -0.1% |
| WMT Walmart Inc. | 1.91% | 194,120 | $17.5M | Reduce -1.3% |
| TXN Texas Instruments Inc. | 1.91% | 93,443 | $17.5M | Reduce -20.2% |
| JPM JPMorgan Chase & Co. | 1.86% | 71,250 | $17.1M | Add +36.1% |
| PNC PNC Financial Services Group | 1.75% | 83,258 | $16.1M | Add +36.5% |
| MSFT Microsoft Corp. | 1.74% | 37,966 | $16.0M | Add +0.9% |
| NSC Norfolk Southern Corp. | 1.71% | 66,880 | $15.7M | Reduce -1.8% |
| APD Air Products & Chemicals Inc. | 1.62% | 51,156 | $14.8M | Add +0.6% |
| EMR Emerson Electric Co. | 1.61% | 119,129 | $14.8M | Add +0.7% |
| CVX Chevron Corp. | 1.61% | 101,910 | $14.8M | Add +0.8% |
| NVDA Nvidia Corp. | 1.59% | 108,706 | $14.6M | Add +1.8% |
| VZ Verizon Communications Inc. | 1.58% | 363,598 | $14.5M | Add +2.3% |
| LHX L3HARRIS Technologies Inc. | 1.58% | 68,897 | $14.5M | Reduce -0.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.57% | 65,734 | $14.5M | Add +0.6% |
| MO Altria Group Inc. | 1.54% | 270,494 | $14.1M | Add +2.5% |
| CMI Cummins Inc. | 1.43% | 37,659 | $13.1M | Add +0.1% |
| MCD McDonald's Corp. | 1.38% | 43,849 | $12.7M | Add +1.1% |
| PSX Phillips 66 | 1.29% | 103,717 | $11.8M | Reduce -5.2% |
| PFE Pfizer Inc. | 1.25% | 432,965 | $11.5M | Reduce -4.2% |
| MDT Medtronic PLC | 1.22% | 140,621 | $11.2M | Add +1.0% |
| JNJ Johnson & Johnson | 1.18% | 74,683 | $10.8M | Add +0.6% |
| UNP Union Pacific Corp. | 1.15% | 46,111 | $10.5M | Add +0.7% |
| GD General Dynamics Corp. | 1.12% | 38,928 | $10.3M | Add +0.4% |
| VLO Valero Energy Corp. | 1.10% | 82,521 | $10.1M | Reduce -1.5% |
| KO The Coca-Cola Co. | 1.07% | 157,797 | $9.8M | Reduce -0.7% |
| HD Home Depot Inc. | 1.06% | 25,098 | $9.8M | Reduce -0.5% |
| TGT Target Corp. | 1.02% | 69,507 | $9.4M | Reduce -6.5% |
| KR Kroger Co. | 1.00% | 149,885 | $9.2M | Add +4.6% |
| KVUE Kenvue Inc. | 0.91% | 391,313 | $8.4M | Add +5.1% |
| DELL Dell Technologies -C | 0.90% | 71,416 | $8.2M | New |
| CL Colgate-Palmolive Co. | 0.89% | 89,908 | $8.2M | Add +1.1% |
| ITW Illinois Tool Works | 0.87% | 31,467 | $8.0M | Reduce -37.9% |
| AFL Aflac Inc. | 0.80% | 71,122 | $7.4M | Reduce -55.0% |
| ADI Analog Devices Inc. | 0.74% | 32,182 | $6.8M | Reduce -51.1% |
| NEE Nextera Energy Inc. | 0.74% | 94,620 | $6.8M | Add +3.8% |
| NOC Northrop Grumman Corp. | 0.71% | 13,973 | $6.6M | New |
| FTS Fortis Inc. | 0.71% | 156,864 | $6.5M | Reduce -4.7% |
| HON Honeywell International Inc. | 0.70% | 28,647 | $6.5M | New |
| DKS Dick's Sporting Goods Inc. | 0.67% | 26,798 | $6.1M | New |
| META Meta Platforms Inc. Class A | 0.63% | 9,810 | $5.7M | New |
| HSY The Hershey Co. | 0.51% | 27,534 | $4.7M | Reduce -52.1% |
| QCOM Qualcomm Inc. | 0.50% | 29,902 | $4.6M | Reduce -44.3% |
| ABBV Abbvie Inc. | 0.49% | 25,137 | $4.5M | Add +8.7% |
| DUK Duke Energy Corp. | 0.47% | 39,785 | $4.3M | Add +9.1% |
| FUTY Fidelity MSCI US Utilities | 0.41% | 77,967 | $3.8M | Reduce -0.2% |
| VYM Vanguard High DVD Yield ETF | 0.40% | 28,557 | $3.6M | Add +1.9% |
| WEC WEC Energy Group Inc. | 0.39% | 37,836 | $3.6M | Reduce -1.1% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.37% | 5 | $3.4M | New |
| SIVR Abrdn Physical Silver Shares | 0.21% | 68,724 | $1.9M | Reduce -2.7% |
| ROK Rockwell Automation Inc. | 0.21% | 6,608 | $1.9M | Reduce -7.7% |
| SNY Sanofi-ADR | 0.16% | 31,389 | $1.5M | Reduce -9.5% |
| VIG Vanguard Dividend Apprec ETF | 0.15% | 6,838 | $1.3M | Add +6.8% |
| SJM The JM Smucker Co. filed as SMUCKER J M CO | 0.09% | 7,901 | $870K | Reduce -8.3% |
| VEU Vanguard Ftse All-World Ex-U | 0.09% | 13,812 | $793K | Reduce -1.2% |
| BX Blackstone Inc. | 0.06% | 3,440 | $593K | Add +0.5% |
| VTI VG Morningstar TS MKT ETF-US | 0.06% | 1,816 | $526K | Reduce -11.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.05% | 956 | $433K | No change |
| MMM 3M Co. | 0.05% | 3,302 | $426K | New |
| BLK BlackRock Inc. | 0.04% | 378 | $387K | New |
| FHLC Fidelity MSCI Health Care | 0.04% | 5,366 | $351K | New |
| VDC Vanguard Consumer Staple ETF | 0.04% | 1,549 | $327K | Add +1.1% |
| BDX Becton Dickinson and Co. | 0.04% | 1,424 | $323K | No change |
| PEP Pepsico Inc. | 0.03% | 1,719 | $261K | Add +3.0% |
| CEF Sprott Physical Gold and Sil | 0.03% | 10,635 | $253K | No change |
| GOOG Alphabet Inc. Class C | 0.03% | 1,234 | $235K | Add +0.1% |
| KMB Kimberly-Clark Corp. | 0.03% | 1,751 | $229K | Add +3.7% |
| AMLP Alerian MLP ETF | 0.02% | 4,715 | $227K | Add +1.3% |
| COST Costco Wholesale Corp. | 0.02% | 241 | $221K | New |
| INTC Intel Corp. | 0.02% | 10,977 | $220K | Reduce -0.7% |
Portfolio Sells Q3 2024 → Q4 2024
| AFL Aflac Inc. | Reduce -55.0% | 0.80% | −1.13 |
| ADI Analog Devices Inc. | Reduce -51.1% | 0.74% | −0.91 |
| TXN Texas Instruments Inc. | Reduce -20.2% | 1.91% | −0.73 |
| HSY The Hershey Co. | Reduce -52.1% | 0.51% | −0.70 |
| ITW Illinois Tool Works | Reduce -37.9% | 0.87% | −0.58 |
| QCOM Qualcomm Inc. | Reduce -44.3% | 0.50% | −0.50 |
| LOW Lowe's Cos Inc. | Reduce -4.1% | 1.99% | −0.29 |
| PSX Phillips 66 | Reduce -5.2% | 1.29% | −0.28 |
| TGT Target Corp. | Reduce -6.5% | 1.02% | −0.24 |
| CAT Caterpillar Inc. | Reduce -1.8% | 2.20% | −0.22 |
| LHX L3HARRIS Technologies Inc. | Reduce -0.0% | 1.58% | −0.21 |
| SLV iShares Silver Trust | Reduce -1.5% | 2.07% | −0.20 |
| XOM Exxon Mobil Corp. | Reduce -0.3% | 2.10% | −0.20 |
| PFE Pfizer Inc. | Reduce -4.2% | 1.25% | −0.18 |
| KO The Coca-Cola Co. | Reduce -0.7% | 1.07% | −0.18 |
| NSC Norfolk Southern Corp. | Reduce -1.8% | 1.71% | −0.14 |
| VLO Valero Energy Corp. | Reduce -1.5% | 1.10% | −0.13 |
| FTS Fortis Inc. | Reduce -4.7% | 0.71% | −0.11 |
| GLD SPDR Gold Shares | Reduce -2.1% | 3.51% | −0.10 |
| BNDX Vanguard Total Intl Bond ETF | Sold out | 0.00% | −0.09 |
| SNY Sanofi-ADR | Reduce -9.5% | 0.16% | −0.05 |
| HD Home Depot Inc. | Reduce -0.5% | 1.06% | −0.05 |
| ORCL Oracle Corp. | Reduce -0.1% | 1.93% | −0.05 |
| BND Vanguard Total Bond Market | Sold out | 0.00% | −0.03 |
| VXUS Vanguard Total Intl Stock | Sold out | 0.00% | −0.03 |
| FUTY Fidelity MSCI US Utilities | Reduce -0.2% | 0.41% | −0.03 |
| SIVR Abrdn Physical Silver Shares | Reduce -2.7% | 0.21% | −0.02 |
| UL Unilever PLC | Sold out | 0.00% | −0.02 |
| SJM The JM Smucker Co. | Reduce -8.3% | 0.09% | −0.02 |
| WEC WEC Energy Group Inc. | Reduce -1.1% | 0.39% | −0.01 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -1.2% | 0.09% | −0.01 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -11.7% | 0.06% | −0.01 |
| INTC Intel Corp. | Reduce -0.7% | 0.02% | −0.00 |
| ROK Rockwell Automation Inc. | Reduce -7.7% | 0.21% | −0.00 |
| ADP Automatic Data Processing | Reduce -0.3% | 2.36% | +0.12 |
| WMT Walmart Inc. | Reduce -1.3% | 1.91% | +0.18 |
| WMB Williams Cos Inc. | Reduce -0.2% | 1.97% | +0.30 |
| V Visa Inc. Class A | Reduce -0.7% | 3.00% | +0.36 |
Portfolio Buys Q3 2024 → Q4 2024
| DELL Dell Technologies -C | New | 0.90% | +0.90 |
| AVGO Broadcom Inc. | Add +0.1% | 3.45% | +0.88 |
| NOC Northrop Grumman Corp. | New | 0.71% | +0.71 |
| HON Honeywell International Inc. | New | 0.70% | +0.70 |
| DKS Dick's Sporting Goods Inc. | New | 0.67% | +0.67 |
| JPM JPMorgan Chase & Co. | Add +36.1% | 1.86% | +0.66 |
| META Meta Platforms Inc. Class A | New | 0.63% | +0.63 |
| PNC PNC Financial Services Group | Add +36.5% | 1.75% | +0.52 |
| KMI Kinder Morgan Inc. | Add +0.3% | 2.19% | +0.42 |
| BRK.A Berkshire Hathaway Inc. Class A | New | 0.37% | +0.37 |
| AMZN Amazon.com Inc. | Add +0.7% | 2.11% | +0.33 |
| GOOGL Alphabet Inc. Class A | Add +0.6% | 2.36% | +0.30 |
| EMR Emerson Electric Co. | Add +0.7% | 1.61% | +0.19 |
| AAPL Apple Inc. | Add +1.5% | 2.19% | +0.18 |
| NVDA Nvidia Corp. | Add +1.8% | 1.59% | +0.17 |
| KR Kroger Co. | Add +4.6% | 1.00% | +0.10 |
| CMI Cummins Inc. | Add +0.1% | 1.43% | +0.10 |
| T AT&T Inc. | Add +1.0% | 2.09% | +0.09 |
| MO Altria Group Inc. | Add +2.5% | 1.54% | +0.07 |
| MMM 3M Co. | New | 0.05% | +0.05 |
| BLK BlackRock Inc. | New | 0.04% | +0.04 |
| FHLC Fidelity MSCI Health Care | New | 0.04% | +0.04 |
| COST Costco Wholesale Corp. | New | 0.02% | +0.02 |
| DUK Duke Energy Corp. | Add +9.1% | 0.47% | +0.01 |
| BX Blackstone Inc. | Add +0.5% | 0.06% | +0.01 |
| VIG Vanguard Dividend Apprec ETF | Add +6.8% | 0.15% | +0.01 |
| VYM Vanguard High DVD Yield ETF | Add +1.9% | 0.40% | +0.00 |
| GOOG Alphabet Inc. Class C | Add +0.1% | 0.03% | +0.00 |
| AMLP Alerian MLP ETF | Add +1.3% | 0.02% | +0.00 |
| VDC Vanguard Consumer Staple ETF | Add +1.1% | 0.04% | −0.00 |
| KMB Kimberly-Clark Corp. | Add +3.7% | 0.03% | −0.00 |
| PEP Pepsico Inc. | Add +3.0% | 0.03% | −0.00 |
| IBM Intl Business Machines Corp. | Add +0.6% | 1.57% | −0.00 |
| ABBV Abbvie Inc. | Add +8.7% | 0.49% | −0.01 |
| CVX Chevron Corp. | Add +0.8% | 1.61% | −0.02 |
| GLDM SPDR Gold Minishares Trust | Add +0.1% | 4.96% | −0.02 |
| MSFT Microsoft Corp. | Add +0.9% | 1.74% | −0.02 |
| KVUE Kenvue Inc. | Add +5.1% | 0.91% | −0.03 |
| PG The Procter & Gamble Co. | Add +2.1% | 2.26% | −0.03 |
| APD Air Products & Chemicals Inc. | Add +0.6% | 1.62% | −0.04 |
| MCD McDonald's Corp. | Add +1.1% | 1.38% | −0.06 |
| UNP Union Pacific Corp. | Add +0.7% | 1.15% | −0.09 |
| NEE Nextera Energy Inc. | Add +3.8% | 0.74% | −0.10 |
| CL Colgate-Palmolive Co. | Add +1.1% | 0.89% | −0.12 |
| JNJ Johnson & Johnson | Add +0.6% | 1.18% | −0.14 |
| MDT Medtronic PLC | Add +1.0% | 1.22% | −0.15 |
| VZ Verizon Communications Inc. | Add +2.3% | 1.58% | −0.16 |
| GD General Dynamics Corp. | Add +0.4% | 1.12% | −0.16 |
| SO The Southern Co. | Add +0.3% | 1.99% | −0.19 |
| MRK Merck & Co. Inc. | Add +0.0% | 2.13% | −0.31 |
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 |