Richard C. Young & CO., LTD.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 12, 2025), Richard C. Young & CO., LTD. reported 91 stock positions worth $1.1 billion. Its top holding was SPDR Gold Minishares Trust (GLDM) at 4.6% of the portfolio, followed by Broadcom (AVGO, 4.1%) and SPDR Gold Shares (GLD, 4.1%). Compared with Q2 2025, it opened 9 new positions, sold out of 5, added to 28 and reduced 50. The biggest buy was a new position in Eli Lilly (LLY) and the biggest sale an exit from Medtronic (MDT).
- Most Recent 13F
- Q2 2026
- Location
- NEWPORT, RI
- CIK
- 0001387304
- Portfolio Value
- $1.1B (Q3 2025)
- SEC Filing
- 0001387304-25-000007 ↗ filed Nov 12, 2025
Holdings Value
Holdings 91 stocks · $1.1B
| GLDM SPDR Gold Minishares Trust | 4.62% | 650,874 | $49.8M | Reduce -23.5% |
| AVGO Broadcom Inc. | 4.13% | 134,653 | $44.4M | Reduce -1.4% |
| GLD SPDR Gold Shares | 4.05% | 122,710 | $43.6M | Reduce -3.0% |
| NVDA Nvidia Corp. | 3.24% | 186,824 | $34.9M | Reduce -0.9% |
| GOOGL Alphabet Inc. Class A | 2.97% | 131,577 | $32.0M | Reduce -0.0% |
| ORCL Oracle Corp. | 2.78% | 106,334 | $29.9M | Reduce -1.0% |
| V Visa Inc. Class A | 2.72% | 85,637 | $29.2M | Reduce -0.3% |
| SLV iShares Silver Trust | 2.40% | 609,624 | $25.8M | Reduce -13.7% |
| CAT Caterpillar Inc. | 2.30% | 51,811 | $24.7M | Reduce -2.3% |
| T AT&T Inc. | 2.18% | 831,530 | $23.5M | Reduce -0.8% |
| META Meta Platforms Inc. Class A | 2.08% | 30,509 | $22.4M | Add +0.4% |
| JPM JPMorgan Chase & Co. | 2.06% | 70,442 | $22.2M | Reduce -1.5% |
| DELL Dell Technologies -C | 2.01% | 152,781 | $21.7M | Add +1.3% |
| SO The Southern Co. | 1.97% | 223,975 | $21.2M | Reduce -0.5% |
| LHX L3HARRIS Technologies Inc. | 1.96% | 69,063 | $21.1M | Reduce -1.1% |
| AMZN Amazon.com Inc. | 1.94% | 95,269 | $20.9M | Add +3.2% |
| AAPL Apple Inc. | 1.92% | 81,280 | $20.7M | Reduce -0.2% |
| KMI Kinder Morgan Inc. | 1.92% | 729,420 | $20.6M | Reduce -0.6% |
| MSFT Microsoft Corp. | 1.92% | 39,832 | $20.6M | Add +0.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.89% | 72,094 | $20.3M | Add +11.6% |
| WMT Walmart Inc. | 1.87% | 195,795 | $20.2M | Add +0.0% |
| XOM Exxon Mobil Corp. | 1.87% | 178,726 | $20.2M | Reduce -0.4% |
| ADP Automatic Data Processing | 1.85% | 67,958 | $19.9M | Reduce -3.6% |
| WMB Williams Cos Inc. | 1.82% | 310,061 | $19.6M | Reduce -1.9% |
| MO Altria Group Inc. | 1.75% | 285,716 | $18.9M | Add +0.3% |
| NSC Norfolk Southern Corp. | 1.75% | 62,601 | $18.8M | Reduce -2.0% |
| LOW Lowe's Cos Inc. | 1.70% | 72,756 | $18.3M | Reduce -0.1% |
| PG The Procter & Gamble Co. | 1.68% | 117,835 | $18.1M | Reduce -4.7% |
| PNC PNC Financial Services Group | 1.58% | 84,463 | $17.0M | Reduce -0.9% |
| VZ Verizon Communications Inc. | 1.50% | 366,853 | $16.1M | Reduce -2.3% |
| CMI Cummins Inc. | 1.49% | 38,076 | $16.1M | Add +0.4% |
| CVX Chevron Corp. | 1.49% | 103,288 | $16.0M | Reduce -0.7% |
| EMR Emerson Electric Co. | 1.47% | 120,726 | $15.8M | Reduce -0.6% |
| TXN Texas Instruments Inc. | 1.39% | 81,250 | $14.9M | Reduce -7.4% |
| JNJ Johnson & Johnson | 1.29% | 74,877 | $13.9M | No change |
| LLY Eli Lilly & Co. | 1.29% | 18,185 | $13.9M | New |
| VLO Valero Energy Corp. | 1.28% | 81,041 | $13.8M | Reduce -3.3% |
| MCD McDonald's Corp. | 1.24% | 44,102 | $13.4M | Add +0.0% |
| VRT Vertiv Holdings Co. Class A | 1.23% | 87,900 | $13.3M | New |
| PSX Phillips 66 | 1.21% | 95,538 | $13.0M | Reduce -2.8% |
| GD General Dynamics Corp. | 1.18% | 37,245 | $12.7M | Reduce -1.1% |
| PFE Pfizer Inc. | 1.06% | 446,417 | $11.4M | Add +0.6% |
| KO The Coca-Cola Co. | 1.05% | 170,927 | $11.3M | Reduce -0.2% |
| STRL Sterling Infrastructure Inc. | 0.99% | 31,306 | $10.6M | New |
| COST Costco Wholesale Corp. | 0.99% | 11,475 | $10.6M | Add +4641.7% |
| KR Kroger Co. | 0.96% | 153,101 | $10.3M | Add +4.0% |
| HD Home Depot Inc. | 0.91% | 24,246 | $9.8M | Reduce -3.0% |
| ALL Allstate Corp. | 0.87% | 43,810 | $9.4M | Add +0.5% |
| NOC Northrop Grumman Corp. | 0.85% | 15,029 | $9.2M | Add +0.8% |
| NEE Nextera Energy Inc. | 0.72% | 102,135 | $7.7M | Add +4.3% |
| ITW Illinois Tool Works | 0.70% | 28,830 | $7.5M | Reduce -4.0% |
| ADI Analog Devices Inc. | 0.70% | 30,507 | $7.5M | Reduce -2.3% |
| DKS Dick's Sporting Goods Inc. | 0.66% | 32,071 | $7.1M | Add +3.0% |
| FTS Fortis Inc. | 0.65% | 137,845 | $7.0M | Reduce -2.9% |
| QCOM Qualcomm Inc. | 0.64% | 41,162 | $6.8M | Add +13.3% |
| ABBV Abbvie Inc. | 0.57% | 26,427 | $6.1M | Add +2.7% |
| TGT Target Corp. | 0.50% | 60,472 | $5.4M | Reduce -9.3% |
| DUK Duke Energy Corp. | 0.49% | 42,689 | $5.3M | Add +2.3% |
| FUTY Fidelity MSCI US Utilities | 0.39% | 73,630 | $4.2M | Reduce -1.3% |
| APD Air Products & Chemicals Inc. | 0.38% | 15,071 | $4.1M | Reduce -59.7% |
| VYM Vanguard High DVD Yield ETF | 0.38% | 28,979 | $4.1M | Reduce -4.3% |
| UNP Union Pacific Corp. | 0.37% | 20,923 | $4.0M | Reduce -55.4% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.35% | 5 | $3.8M | No change |
| SIVR Abrdn Physical Silver Shares | 0.25% | 60,111 | $2.7M | Reduce -3.6% |
| ROK Rockwell Automation Inc. | 0.20% | 6,201 | $2.2M | Reduce -3.6% |
| WEC WEC Energy Group Inc. | 0.15% | 14,417 | $1.7M | Reduce -61.8% |
| VIG Vanguard Dividend Apprec ETF | 0.15% | 7,294 | $1.6M | Reduce -2.0% |
| CL Colgate-Palmolive Co. | 0.13% | 17,551 | $1.4M | Reduce -82.0% |
| SNY Sanofi-ADR | 0.12% | 28,122 | $1.3M | Reduce -2.2% |
| VEU Vanguard Ftse All-World Ex-U | 0.08% | 12,534 | $895K | Reduce -5.6% |
| VDC Vanguard Consumer Staple ETF | 0.07% | 3,442 | $736K | Add +0.5% |
| VTI VG Morningstar TS MKT ETF-US | 0.05% | 1,745 | $573K | Reduce -24.4% |
| TSM Taiwan Semiconductor-SP ADR | 0.05% | 2,001 | $559K | New |
| TSLA Tesla Inc. | 0.05% | 1,175 | $523K | Add +4.4% |
| MMM 3M Co. | 0.05% | 3,322 | $517K | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.04% | 956 | $481K | Reduce -0.5% |
| BX Blackstone Inc. | 0.04% | 2,792 | $477K | Reduce -19.9% |
| BLK BlackRock Inc. | 0.04% | 383 | $447K | Add +0.3% |
| FHLC Fidelity MSCI Health Care | 0.04% | 5,954 | $398K | Add +2.2% |
| CEF Sprott Physical Gold and Sil | 0.04% | 10,635 | $390K | No change |
| PEP Pepsico Inc. | 0.04% | 2,775 | $390K | Add +2.4% |
| INTC Intel Corp. | 0.03% | 9,538 | $320K | Reduce -8.3% |
| AMD Advanced Micro Devices | 0.03% | 1,917 | $310K | New |
| GOOG Alphabet Inc. Class C | 0.03% | 1,267 | $309K | Add +0.1% |
| NEM Newmont Corp. | 0.02% | 3,155 | $266K | New |
| RTX RTX Corp. | 0.02% | 1,521 | $254K | Add +0.1% |
| WTRG Essential Utilities Inc. | 0.02% | 6,153 | $246K | New |
| AMLP Alerian MLP ETF | 0.02% | 4,805 | $225K | Add +0.7% |
| MU Micron Technology Inc. | 0.02% | 1,243 | $208K | New |
| KMB Kimberly-Clark Corp. | 0.02% | 1,672 | $208K | Add +0.1% |
| LMT Lockheed Martin Corp. | 0.02% | 412 | $206K | New |
Portfolio Sells Q2 2025 → Q3 2025
| MDT Medtronic PLC | Sold out | 0.00% | −1.21 |
| KVUE Kenvue Inc. | Sold out | 0.00% | −1.07 |
| GLDM SPDR Gold Minishares Trust | Reduce -23.5% | 4.62% | −0.88 |
| CL Colgate-Palmolive Co. | Reduce -82.0% | 0.13% | −0.75 |
| HON Honeywell International Inc. | Sold out | 0.00% | −0.73 |
| UNP Union Pacific Corp. | Reduce -55.4% | 0.37% | −0.69 |
| APD Air Products & Chemicals Inc. | Reduce -59.7% | 0.38% | −0.66 |
| TXN Texas Instruments Inc. | Reduce -7.4% | 1.39% | −0.41 |
| V Visa Inc. Class A | Reduce -0.3% | 2.72% | −0.30 |
| ADP Automatic Data Processing | Reduce -3.6% | 1.85% | −0.30 |
| PG The Procter & Gamble Co. | Reduce -4.7% | 1.68% | −0.26 |
| WEC WEC Energy Group Inc. | Reduce -61.8% | 0.15% | −0.23 |
| T AT&T Inc. | Reduce -0.8% | 2.18% | −0.22 |
| KMI Kinder Morgan Inc. | Reduce -0.6% | 1.92% | −0.21 |
| TGT Target Corp. | Reduce -9.3% | 0.50% | −0.15 |
| KO The Coca-Cola Co. | Reduce -0.2% | 1.05% | −0.14 |
| WMB Williams Cos Inc. | Reduce -1.9% | 1.82% | −0.14 |
| EMR Emerson Electric Co. | Reduce -0.6% | 1.47% | −0.13 |
| VZ Verizon Communications Inc. | Reduce -2.3% | 1.50% | −0.11 |
| SO The Southern Co. | Reduce -0.5% | 1.97% | −0.07 |
| SJM The JM Smucker Co. | Sold out | 0.00% | −0.07 |
| XOM Exxon Mobil Corp. | Reduce -0.4% | 1.87% | −0.04 |
| ADI Analog Devices Inc. | Reduce -2.3% | 0.70% | −0.04 |
| ITW Illinois Tool Works | Reduce -4.0% | 0.70% | −0.04 |
| BDX Becton Dickinson and Co. | Sold out | 0.00% | −0.02 |
| FTS Fortis Inc. | Reduce -2.9% | 0.65% | −0.02 |
| VYM Vanguard High DVD Yield ETF | Reduce -4.3% | 0.38% | −0.02 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -24.4% | 0.05% | −0.02 |
| SNY Sanofi-ADR | Reduce -2.2% | 0.12% | −0.01 |
| ROK Rockwell Automation Inc. | Reduce -3.6% | 0.20% | −0.01 |
| BX Blackstone Inc. | Reduce -19.9% | 0.04% | −0.01 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -5.6% | 0.08% | −0.01 |
| VIG Vanguard Dividend Apprec ETF | Reduce -2.0% | 0.15% | −0.00 |
| FUTY Fidelity MSCI US Utilities | Reduce -1.3% | 0.39% | −0.00 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.5% | 0.04% | −0.00 |
| PNC PNC Financial Services Group | Reduce -0.9% | 1.58% | +0.01 |
| INTC Intel Corp. | Reduce -8.3% | 0.03% | +0.01 |
| HD Home Depot Inc. | Reduce -3.0% | 0.91% | +0.01 |
| JPM JPMorgan Chase & Co. | Reduce -1.5% | 2.06% | +0.02 |
| CVX Chevron Corp. | Reduce -0.7% | 1.49% | +0.02 |
| SIVR Abrdn Physical Silver Shares | Reduce -3.6% | 0.25% | +0.04 |
| PSX Phillips 66 | Reduce -2.8% | 1.21% | +0.05 |
| GD General Dynamics Corp. | Reduce -1.1% | 1.18% | +0.09 |
| LOW Lowe's Cos Inc. | Reduce -0.1% | 1.70% | +0.10 |
| SLV iShares Silver Trust | Reduce -13.7% | 2.40% | +0.11 |
| NSC Norfolk Southern Corp. | Reduce -2.0% | 1.75% | +0.13 |
| VLO Valero Energy Corp. | Reduce -3.3% | 1.28% | +0.17 |
| LHX L3HARRIS Technologies Inc. | Reduce -1.1% | 1.96% | +0.23 |
| GLD SPDR Gold Shares | Reduce -3.0% | 4.05% | +0.24 |
| CAT Caterpillar Inc. | Reduce -2.3% | 2.30% | +0.26 |
Portfolio Buys Q2 2025 → Q3 2025
| LLY Eli Lilly & Co. | New | 1.29% | +1.29 |
| VRT Vertiv Holdings Co. Class A | New | 1.23% | +1.23 |
| STRL Sterling Infrastructure Inc. | New | 0.99% | +0.99 |
| COST Costco Wholesale Corp. | Add +4641.7% | 0.99% | +0.96 |
| CMI Cummins Inc. | Add +0.4% | 1.49% | +0.27 |
| DELL Dell Technologies -C | Add +1.3% | 2.01% | +0.18 |
| NOC Northrop Grumman Corp. | Add +0.8% | 0.85% | +0.11 |
| MO Altria Group Inc. | Add +0.3% | 1.75% | +0.10 |
| ABBV Abbvie Inc. | Add +2.7% | 0.57% | +0.10 |
| QCOM Qualcomm Inc. | Add +13.3% | 0.64% | +0.06 |
| DKS Dick's Sporting Goods Inc. | Add +3.0% | 0.66% | +0.05 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.05% | +0.05 |
| NEE Nextera Energy Inc. | Add +4.3% | 0.72% | +0.04 |
| AMD Advanced Micro Devices | New | 0.03% | +0.03 |
| NEM Newmont Corp. | New | 0.02% | +0.02 |
| WTRG Essential Utilities Inc. | New | 0.02% | +0.02 |
| MU Micron Technology Inc. | New | 0.02% | +0.02 |
| LMT Lockheed Martin Corp. | New | 0.02% | +0.02 |
| TSLA Tesla Inc. | Add +4.4% | 0.05% | +0.01 |
| IBM Intl Business Machines Corp. | Add +11.6% | 1.89% | +0.01 |
| ALL Allstate Corp. | Add +0.5% | 0.87% | +0.01 |
| GOOG Alphabet Inc. Class C | Add +0.1% | 0.03% | +0.01 |
| DUK Duke Energy Corp. | Add +2.3% | 0.49% | +0.00 |
| BLK BlackRock Inc. | Add +0.3% | 0.04% | +0.00 |
| RTX RTX Corp. | Add +0.1% | 0.02% | +0.00 |
| PEP Pepsico Inc. | Add +2.4% | 0.04% | +0.00 |
| FHLC Fidelity MSCI Health Care | Add +2.2% | 0.04% | +0.00 |
| KMB Kimberly-Clark Corp. | Add +0.1% | 0.02% | −0.00 |
| AMLP Alerian MLP ETF | Add +0.7% | 0.02% | −0.00 |
| VDC Vanguard Consumer Staple ETF | Add +0.5% | 0.07% | −0.01 |
| PFE Pfizer Inc. | Add +0.6% | 1.06% | −0.01 |
| WMT Walmart Inc. | Add +0.0% | 1.87% | −0.02 |
| MCD McDonald's Corp. | Add +0.0% | 1.24% | −0.03 |
| MSFT Microsoft Corp. | Add +0.2% | 1.92% | −0.04 |
| AMZN Amazon.com Inc. | Add +3.2% | 1.94% | −0.06 |
| KR Kroger Co. | Add +4.0% | 0.96% | −0.08 |
| META Meta Platforms Inc. Class A | Add +0.4% | 2.08% | −0.14 |
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 |