Richard C. Young & CO., LTD.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 7, 2025), Richard C. Young & CO., LTD. reported 87 stock positions worth $1.0 billion. Its top holding was SPDR Gold Minishares Trust (GLDM) at 5.5% of the portfolio, followed by SPDR Gold Shares (GLD, 3.8%) and Broadcom (AVGO, 3.7%). Compared with Q1 2025, it opened 2 new positions, sold out of 1, added to 56 and reduced 25. The biggest buy was Nvidia (NVDA, shares +68%) and the biggest sale an exit from Merck (MRK).
- Most Recent 13F
- Q2 2026
- Location
- NEWPORT, RI
- CIK
- 0001387304
- Portfolio Value
- $1.0B (Q2 2025)
- SEC Filing
- 0001387304-25-000005 ↗ filed Aug 7, 2025
Holdings Value
Holdings 87 stocks · $1.0B
| GLDM SPDR Gold Minishares Trust | 5.51% | 850,512 | $55.7M | Reduce -1.3% |
| GLD SPDR Gold Shares | 3.81% | 126,494 | $38.6M | Reduce -1.9% |
| AVGO Broadcom Inc. | 3.72% | 136,622 | $37.7M | Add +0.6% |
| V Visa Inc. Class A | 3.01% | 85,924 | $30.5M | Reduce -0.1% |
| NVDA Nvidia Corp. | 2.94% | 188,550 | $29.8M | Add +68.1% |
| T AT&T Inc. | 2.40% | 838,097 | $24.3M | Add +0.1% |
| ORCL Oracle Corp. | 2.32% | 107,390 | $23.5M | Add +1.2% |
| GOOGL Alphabet Inc. Class A | 2.29% | 131,621 | $23.2M | Add +14.8% |
| SLV iShares Silver Trust | 2.29% | 706,560 | $23.2M | Reduce -0.8% |
| META Meta Platforms Inc. Class A | 2.22% | 30,401 | $22.4M | Add +167.2% |
| ADP Automatic Data Processing | 2.15% | 70,490 | $21.7M | Reduce -3.2% |
| KMI Kinder Morgan Inc. | 2.13% | 734,004 | $21.6M | Add +0.4% |
| JPM JPMorgan Chase & Co. | 2.05% | 71,490 | $20.7M | Add +0.3% |
| SO The Southern Co. | 2.04% | 225,165 | $20.7M | Add +0.9% |
| CAT Caterpillar Inc. | 2.03% | 53,032 | $20.6M | Reduce -2.8% |
| AMZN Amazon.com Inc. | 2.00% | 92,296 | $20.2M | Add +2.8% |
| WMB Williams Cos Inc. | 1.96% | 315,997 | $19.8M | Reduce -2.6% |
| MSFT Microsoft Corp. | 1.95% | 39,765 | $19.8M | Add +1.6% |
| PG The Procter & Gamble Co. | 1.95% | 123,665 | $19.7M | Reduce -0.1% |
| XOM Exxon Mobil Corp. | 1.91% | 179,524 | $19.4M | Add +0.5% |
| WMT Walmart Inc. | 1.89% | 195,707 | $19.1M | Add +0.7% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.88% | 64,583 | $19.0M | Add +0.1% |
| DELL Dell Technologies -C | 1.83% | 150,827 | $18.5M | Add +90.9% |
| TXN Texas Instruments Inc. | 1.80% | 87,752 | $18.2M | Reduce -2.6% |
| LHX L3HARRIS Technologies Inc. | 1.73% | 69,865 | $17.5M | Add +0.4% |
| AAPL Apple Inc. | 1.65% | 81,466 | $16.7M | Add +0.8% |
| MO Altria Group Inc. | 1.65% | 284,937 | $16.7M | Add +1.7% |
| NSC Norfolk Southern Corp. | 1.61% | 63,859 | $16.3M | Reduce -2.9% |
| VZ Verizon Communications Inc. | 1.61% | 375,557 | $16.3M | Add +1.3% |
| EMR Emerson Electric Co. | 1.60% | 121,502 | $16.2M | Add +2.1% |
| LOW Lowe's Cos Inc. | 1.60% | 72,834 | $16.2M | Reduce -0.4% |
| PNC PNC Financial Services Group | 1.57% | 85,276 | $15.9M | Add +0.1% |
| CVX Chevron Corp. | 1.47% | 104,058 | $14.9M | Add +1.6% |
| MCD McDonald's Corp. | 1.27% | 44,098 | $12.9M | Add +0.4% |
| CMI Cummins Inc. | 1.23% | 37,915 | $12.4M | Add +1.4% |
| MDT Medtronic PLC | 1.21% | 140,201 | $12.2M | Add +0.1% |
| KO The Coca-Cola Co. | 1.20% | 171,258 | $12.1M | Add +1.8% |
| PSX Phillips 66 | 1.16% | 98,248 | $11.7M | Add +0.2% |
| JNJ Johnson & Johnson | 1.13% | 74,877 | $11.4M | Add +0.2% |
| VLO Valero Energy Corp. | 1.11% | 83,792 | $11.3M | Add +1.6% |
| GD General Dynamics Corp. | 1.09% | 37,673 | $11.0M | Reduce -0.8% |
| KVUE Kenvue Inc. | 1.07% | 517,224 | $10.8M | Add +0.8% |
| UNP Union Pacific Corp. | 1.07% | 46,952 | $10.8M | Add +0.7% |
| PFE Pfizer Inc. | 1.06% | 443,676 | $10.8M | Add +2.3% |
| KR Kroger Co. | 1.04% | 147,181 | $10.6M | Reduce -0.2% |
| APD Air Products & Chemicals Inc. | 1.04% | 37,405 | $10.6M | Reduce -23.5% |
| HD Home Depot Inc. | 0.91% | 24,989 | $9.2M | Add +0.1% |
| CL Colgate-Palmolive Co. | 0.88% | 97,643 | $8.9M | Add +0.2% |
| ALL Allstate Corp. | 0.87% | 43,577 | $8.8M | Add +5.9% |
| NOC Northrop Grumman Corp. | 0.74% | 14,914 | $7.5M | Add +1.1% |
| ADI Analog Devices Inc. | 0.73% | 31,210 | $7.4M | Reduce -0.5% |
| ITW Illinois Tool Works | 0.73% | 30,018 | $7.4M | Reduce -1.5% |
| HON Honeywell International Inc. | 0.73% | 31,697 | $7.4M | Add +2.1% |
| NEE Nextera Energy Inc. | 0.67% | 97,916 | $6.8M | Add +2.5% |
| FTS Fortis Inc. | 0.67% | 141,928 | $6.8M | Reduce -0.7% |
| TGT Target Corp. | 0.65% | 66,662 | $6.6M | Reduce -2.0% |
| DKS Dick's Sporting Goods Inc. | 0.61% | 31,127 | $6.2M | Add +7.8% |
| QCOM Qualcomm Inc. | 0.57% | 36,333 | $5.8M | Add +13.8% |
| DUK Duke Energy Corp. | 0.49% | 41,746 | $4.9M | Add +1.8% |
| ABBV Abbvie Inc. | 0.47% | 25,738 | $4.8M | Add +2.4% |
| VYM Vanguard High DVD Yield ETF | 0.40% | 30,280 | $4.0M | Add +1.9% |
| WEC WEC Energy Group Inc. | 0.39% | 37,715 | $3.9M | Add +3.9% |
| FUTY Fidelity MSCI US Utilities | 0.39% | 74,586 | $3.9M | Reduce -0.3% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.36% | 5 | $3.6M | No change |
| SIVR Abrdn Physical Silver Shares | 0.21% | 62,366 | $2.1M | Reduce -3.0% |
| ROK Rockwell Automation Inc. | 0.21% | 6,433 | $2.1M | Reduce -0.9% |
| VIG Vanguard Dividend Apprec ETF | 0.15% | 7,447 | $1.5M | Add +6.4% |
| SNY Sanofi-ADR | 0.14% | 28,743 | $1.4M | Reduce -2.3% |
| VEU Vanguard Ftse All-World Ex-U | 0.09% | 13,272 | $892K | Reduce -2.1% |
| VDC Vanguard Consumer Staple ETF | 0.07% | 3,425 | $750K | Add +95.0% |
| VTI VG Morningstar TS MKT ETF-US | 0.07% | 2,307 | $701K | No change |
| SJM The JM Smucker Co. filed as SMUCKER J M CO | 0.07% | 7,130 | $700K | Reduce -2.4% |
| BX Blackstone Inc. | 0.05% | 3,485 | $521K | Add +0.4% |
| MMM 3M Co. | 0.05% | 3,322 | $506K | Add +0.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.05% | 961 | $465K | Add +0.5% |
| BLK BlackRock Inc. | 0.04% | 382 | $400K | Add +0.5% |
| FHLC Fidelity MSCI Health Care | 0.04% | 5,824 | $372K | Add +0.9% |
| PEP Pepsico Inc. | 0.04% | 2,709 | $358K | Add +59.4% |
| TSLA Tesla Inc. | 0.04% | 1,125 | $357K | New |
| CEF Sprott Physical Gold and Sil | 0.03% | 10,635 | $320K | No change |
| BDX Becton Dickinson and Co. | 0.02% | 1,424 | $245K | No change |
| COST Costco Wholesale Corp. | 0.02% | 242 | $239K | Add +0.4% |
| AMLP Alerian MLP ETF | 0.02% | 4,773 | $233K | Add +0.6% |
| INTC Intel Corp. | 0.02% | 10,396 | $233K | Add +1.0% |
| GOOG Alphabet Inc. Class C | 0.02% | 1,266 | $225K | New |
| RTX RTX Corp. | 0.02% | 1,519 | $222K | Add +0.1% |
| KMB Kimberly-Clark Corp. | 0.02% | 1,670 | $215K | Reduce -1.4% |
Portfolio Sells Q1 2025 → Q2 2025
| MRK Merck & Co. Inc. | Sold out | 0.00% | −1.87 |
| APD Air Products & Chemicals Inc. | Reduce -23.5% | 1.04% | −0.51 |
| PG The Procter & Gamble Co. | Reduce -0.1% | 1.95% | −0.32 |
| ADP Automatic Data Processing | Reduce -3.2% | 2.15% | −0.24 |
| LOW Lowe's Cos Inc. | Reduce -0.4% | 1.60% | −0.24 |
| V Visa Inc. Class A | Reduce -0.1% | 3.01% | −0.22 |
| GLDM SPDR Gold Minishares Trust | Reduce -1.3% | 5.51% | −0.22 |
| GLD SPDR Gold Shares | Reduce -1.9% | 3.81% | −0.18 |
| WMB Williams Cos Inc. | Reduce -2.6% | 1.96% | −0.12 |
| TGT Target Corp. | Reduce -2.0% | 0.65% | −0.11 |
| SLV iShares Silver Trust | Reduce -0.8% | 2.29% | −0.08 |
| ITW Illinois Tool Works | Reduce -1.5% | 0.73% | −0.08 |
| NSC Norfolk Southern Corp. | Reduce -2.9% | 1.61% | −0.06 |
| SNY Sanofi-ADR | Reduce -2.3% | 0.14% | −0.04 |
| FTS Fortis Inc. | Reduce -0.7% | 0.67% | −0.03 |
| KR Kroger Co. | Reduce -0.2% | 1.04% | −0.03 |
| GD General Dynamics Corp. | Reduce -0.8% | 1.09% | −0.03 |
| SJM The JM Smucker Co. | Reduce -2.4% | 0.07% | −0.02 |
| FUTY Fidelity MSCI US Utilities | Reduce -0.3% | 0.39% | −0.02 |
| SIVR Abrdn Physical Silver Shares | Reduce -3.0% | 0.21% | −0.01 |
| KMB Kimberly-Clark Corp. | Reduce -1.4% | 0.02% | −0.00 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -2.1% | 0.09% | −0.00 |
| ROK Rockwell Automation Inc. | Reduce -0.9% | 0.21% | +0.03 |
| ADI Analog Devices Inc. | Reduce -0.5% | 0.73% | +0.05 |
| TXN Texas Instruments Inc. | Reduce -2.6% | 1.80% | +0.06 |
| CAT Caterpillar Inc. | Reduce -2.8% | 2.03% | +0.10 |
Portfolio Buys Q1 2025 → Q2 2025
| NVDA Nvidia Corp. | Add +68.1% | 2.94% | +1.64 |
| META Meta Platforms Inc. Class A | Add +167.2% | 2.22% | +1.51 |
| AVGO Broadcom Inc. | Add +0.6% | 3.72% | +1.28 |
| DELL Dell Technologies -C | Add +90.9% | 1.83% | +1.05 |
| ORCL Oracle Corp. | Add +1.2% | 2.32% | +0.73 |
| GOOGL Alphabet Inc. Class A | Add +14.8% | 2.29% | +0.39 |
| MSFT Microsoft Corp. | Add +1.6% | 1.95% | +0.38 |
| EMR Emerson Electric Co. | Add +2.1% | 1.60% | +0.20 |
| JPM JPMorgan Chase & Co. | Add +0.3% | 2.05% | +0.17 |
| LHX L3HARRIS Technologies Inc. | Add +0.4% | 1.73% | +0.17 |
| AMZN Amazon.com Inc. | Add +2.8% | 2.00% | +0.17 |
| IBM Intl Business Machines Corp. | Add +0.1% | 1.88% | +0.16 |
| WMT Walmart Inc. | Add +0.7% | 1.89% | +0.06 |
| QCOM Qualcomm Inc. | Add +13.8% | 0.57% | +0.04 |
| TSLA Tesla Inc. | New | 0.04% | +0.04 |
| VDC Vanguard Consumer Staple ETF | Add +95.0% | 0.07% | +0.03 |
| HON Honeywell International Inc. | Add +2.1% | 0.73% | +0.02 |
| GOOG Alphabet Inc. Class C | New | 0.02% | +0.02 |
| PEP Pepsico Inc. | Add +59.4% | 0.04% | +0.01 |
| VIG Vanguard Dividend Apprec ETF | Add +6.4% | 0.15% | +0.00 |
| BLK BlackRock Inc. | Add +0.5% | 0.04% | +0.00 |
| RTX RTX Corp. | Add +0.1% | 0.02% | +0.00 |
| BX Blackstone Inc. | Add +0.4% | 0.05% | −0.00 |
| COST Costco Wholesale Corp. | Add +0.4% | 0.02% | −0.00 |
| INTC Intel Corp. | Add +1.0% | 0.02% | −0.00 |
| MMM 3M Co. | Add +0.3% | 0.05% | −0.00 |
| AMLP Alerian MLP ETF | Add +0.6% | 0.02% | −0.00 |
| FHLC Fidelity MSCI Health Care | Add +0.9% | 0.04% | −0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.5% | 0.05% | −0.01 |
| VYM Vanguard High DVD Yield ETF | Add +1.9% | 0.40% | −0.01 |
| DKS Dick's Sporting Goods Inc. | Add +7.8% | 0.61% | −0.02 |
| CMI Cummins Inc. | Add +1.4% | 1.23% | −0.03 |
| WEC WEC Energy Group Inc. | Add +3.9% | 0.39% | −0.04 |
| PNC PNC Financial Services Group | Add +0.1% | 1.57% | −0.04 |
| ALL Allstate Corp. | Add +5.9% | 0.87% | −0.05 |
| DUK Duke Energy Corp. | Add +1.8% | 0.49% | −0.05 |
| NEE Nextera Energy Inc. | Add +2.5% | 0.67% | −0.06 |
| VLO Valero Energy Corp. | Add +1.6% | 1.11% | −0.06 |
| NOC Northrop Grumman Corp. | Add +1.1% | 0.74% | −0.07 |
| HD Home Depot Inc. | Add +0.1% | 0.91% | −0.08 |
| ABBV Abbvie Inc. | Add +2.4% | 0.47% | −0.09 |
| KO The Coca-Cola Co. | Add +1.8% | 1.20% | −0.10 |
| CL Colgate-Palmolive Co. | Add +0.2% | 0.88% | −0.10 |
| KMI Kinder Morgan Inc. | Add +0.4% | 2.13% | −0.11 |
| UNP Union Pacific Corp. | Add +0.7% | 1.07% | −0.12 |
| PFE Pfizer Inc. | Add +2.3% | 1.06% | −0.12 |
| PSX Phillips 66 | Add +0.2% | 1.16% | −0.14 |
| MDT Medtronic PLC | Add +0.1% | 1.21% | −0.14 |
| T AT&T Inc. | Add +0.1% | 2.40% | −0.15 |
| MO Altria Group Inc. | Add +1.7% | 1.65% | −0.16 |
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 |