Richard C. Young & CO., LTD.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 29, 2026), Richard C. Young & CO., LTD. reported 88 stock positions worth $1.1 billion. Its top holding was SPDR Gold Minishares Trust (GLDM) at 5.0% of the portfolio, followed by SPDR Gold Shares (GLD, 4.3%) and Broadcom (AVGO, 4.1%). Compared with Q3 2025, it opened 1 new position, sold out of 4, added to 47 and reduced 36. The biggest buy was Alphabet Class A (GOOGL, shares +1%) and the biggest sale Pfizer (PFE, shares −56%).
- Most Recent 13F
- Q2 2026
- Location
- NEWPORT, RI
- CIK
- 0001387304
- Portfolio Value
- $1.1B (Q4 2025)
- SEC Filing
- 0001387304-26-000002 ↗ filed Jan 29, 2026
Holdings Value
Holdings 88 stocks · $1.1B
| GLDM SPDR Gold Minishares Trust | 4.99% | 651,748 | $55.6M | Add +0.1% |
| GLD SPDR Gold Shares | 4.33% | 121,801 | $48.3M | Reduce -0.7% |
| AVGO Broadcom Inc. | 4.07% | 131,200 | $45.4M | Reduce -2.6% |
| GOOGL Alphabet Inc. Class A | 3.72% | 132,687 | $41.5M | Add +0.8% |
| SLV iShares Silver Trust | 3.51% | 608,872 | $39.2M | Reduce -0.1% |
| NVDA Nvidia Corp. | 3.21% | 192,306 | $35.9M | Add +2.9% |
| V Visa Inc. Class A | 2.64% | 84,081 | $29.5M | Reduce -1.8% |
| CAT Caterpillar Inc. | 2.61% | 50,807 | $29.1M | Reduce -1.9% |
| WMT Walmart Inc. | 2.18% | 218,332 | $24.3M | Add +11.5% |
| AAPL Apple Inc. | 2.10% | 86,231 | $23.4M | Add +6.1% |
| AMZN Amazon.com Inc. | 2.06% | 99,802 | $23.0M | Add +4.8% |
| JPM JPMorgan Chase & Co. | 2.03% | 70,357 | $22.7M | Reduce -0.1% |
| XOM Exxon Mobil Corp. | 1.94% | 180,045 | $21.7M | Add +0.7% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.93% | 72,770 | $21.6M | Add +0.9% |
| ORCL Oracle Corp. | 1.88% | 107,667 | $21.0M | Add +1.3% |
| T AT&T Inc. | 1.86% | 836,068 | $20.8M | Add +0.6% |
| LLY Eli Lilly & Co. | 1.86% | 19,276 | $20.7M | Add +6.0% |
| KMI Kinder Morgan Inc. | 1.83% | 744,611 | $20.5M | Add +2.1% |
| META Meta Platforms Inc. Class A | 1.83% | 30,932 | $20.4M | Add +1.4% |
| LHX L3HARRIS Technologies Inc. | 1.81% | 68,954 | $20.2M | Reduce -0.2% |
| MSFT Microsoft Corp. | 1.79% | 41,379 | $20.0M | Add +3.9% |
| CMI Cummins Inc. | 1.78% | 38,851 | $19.8M | Add +2.0% |
| SO The Southern Co. | 1.77% | 226,568 | $19.8M | Add +1.2% |
| DELL Dell Technologies -C | 1.76% | 156,290 | $19.7M | Add +2.3% |
| WMB Williams Cos Inc. | 1.68% | 311,918 | $18.7M | Add +0.6% |
| PNC PNC Financial Services Group | 1.67% | 89,058 | $18.6M | Add +5.4% |
| NSC Norfolk Southern Corp. | 1.59% | 61,328 | $17.7M | Reduce -2.0% |
| LOW Lowe's Cos Inc. | 1.56% | 72,186 | $17.4M | Reduce -0.8% |
| MO Altria Group Inc. | 1.53% | 295,349 | $17.0M | Add +3.4% |
| PG The Procter & Gamble Co. | 1.49% | 115,856 | $16.6M | Reduce -1.7% |
| ADP Automatic Data Processing | 1.48% | 64,103 | $16.5M | Reduce -5.7% |
| KR Kroger Co. | 1.47% | 262,756 | $16.4M | Add +71.6% |
| EMR Emerson Electric Co. | 1.45% | 121,799 | $16.2M | Add +0.9% |
| CVX Chevron Corp. | 1.45% | 105,843 | $16.1M | Add +2.5% |
| VRT Vertiv Holdings Co. Class A | 1.44% | 99,250 | $16.1M | Add +12.9% |
| JNJ Johnson & Johnson | 1.41% | 76,093 | $15.7M | Add +1.6% |
| STRL Sterling Infrastructure Inc. | 1.36% | 49,677 | $15.2M | Add +58.7% |
| MCD McDonald's Corp. | 1.24% | 45,124 | $13.8M | Add +2.3% |
| TXN Texas Instruments Inc. | 1.22% | 78,338 | $13.6M | Reduce -3.6% |
| VLO Valero Energy Corp. | 1.18% | 80,671 | $13.1M | Reduce -0.5% |
| VZ Verizon Communications Inc. | 1.16% | 316,786 | $12.9M | Reduce -13.7% |
| GD General Dynamics Corp. | 1.10% | 36,498 | $12.3M | Reduce -2.0% |
| KO The Coca-Cola Co. | 1.09% | 174,445 | $12.2M | Add +2.1% |
| PSX Phillips 66 | 1.08% | 93,657 | $12.1M | Reduce -2.0% |
| COST Costco Wholesale Corp. | 1.06% | 13,738 | $11.8M | Add +19.7% |
| ADI Analog Devices Inc. | 0.84% | 34,575 | $9.4M | Add +13.3% |
| NOC Northrop Grumman Corp. | 0.79% | 15,554 | $8.9M | Add +3.5% |
| ALL Allstate Corp. | 0.78% | 41,632 | $8.7M | Reduce -5.0% |
| NEE Nextera Energy Inc. | 0.77% | 107,077 | $8.6M | Add +4.8% |
| HD Home Depot Inc. | 0.74% | 24,122 | $8.3M | Reduce -0.5% |
| ABBV Abbvie Inc. | 0.66% | 33,393 | $7.4M | Add +26.4% |
| QCOM Qualcomm Inc. | 0.63% | 41,088 | $7.0M | Reduce -0.2% |
| FTS Fortis Inc. | 0.62% | 134,237 | $7.0M | Reduce -2.6% |
| ITW Illinois Tool Works | 0.61% | 27,624 | $6.8M | Reduce -4.2% |
| DKS Dick's Sporting Goods Inc. | 0.59% | 33,467 | $6.6M | Add +4.3% |
| DUK Duke Energy Corp. | 0.48% | 46,039 | $5.4M | Add +7.8% |
| PFE Pfizer Inc. | 0.44% | 197,058 | $4.9M | Reduce -55.9% |
| UNP Union Pacific Corp. | 0.41% | 19,981 | $4.6M | Reduce -4.5% |
| VYM Vanguard High DVD Yield ETF | 0.37% | 28,749 | $4.1M | Reduce -0.8% |
| FUTY Fidelity MSCI US Utilities | 0.36% | 73,223 | $4.0M | Reduce -0.6% |
| SIVR Abrdn Physical Silver Shares | 0.36% | 58,691 | $4.0M | Reduce -2.4% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.34% | 5 | $3.8M | No change |
| APD Air Products & Chemicals Inc. | 0.32% | 14,331 | $3.5M | Reduce -4.9% |
| ROK Rockwell Automation Inc. | 0.21% | 6,157 | $2.4M | Reduce -0.7% |
| VTI VG Morningstar TS MKT ETF-US | 0.16% | 5,407 | $1.8M | Add +209.9% |
| VIG Vanguard Dividend Apprec ETF | 0.14% | 7,158 | $1.6M | Reduce -1.9% |
| WEC WEC Energy Group Inc. | 0.14% | 14,397 | $1.5M | Reduce -0.1% |
| SNY Sanofi-ADR | 0.12% | 27,782 | $1.3M | Reduce -1.2% |
| CL Colgate-Palmolive Co. | 0.12% | 16,319 | $1.3M | Reduce -7.0% |
| VEU Vanguard Ftse All-World Ex-U | 0.08% | 12,730 | $936K | Add +1.6% |
| TSM Taiwan Semiconductor-SP ADR | 0.08% | 2,956 | $898K | Add +47.7% |
| VDC Vanguard Consumer Staple ETF | 0.07% | 3,462 | $731K | Add +0.6% |
| MU Micron Technology Inc. | 0.05% | 2,073 | $592K | Add +66.8% |
| TSLA Tesla Inc. | 0.05% | 1,275 | $573K | Add +8.5% |
| MMM 3M Co. | 0.05% | 3,320 | $532K | Reduce -0.1% |
| CEF Sprott Physical Gold and Sil | 0.04% | 10,635 | $487K | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.04% | 956 | $481K | No change |
| BX Blackstone Inc. | 0.04% | 2,812 | $433K | Add +0.7% |
| AMD Advanced Micro Devices | 0.04% | 1,982 | $424K | Add +3.4% |
| BLK BlackRock Inc. | 0.04% | 385 | $412K | Add +0.5% |
| PEP Pepsico Inc. | 0.04% | 2,775 | $398K | No change |
| FHLC Fidelity MSCI Health Care | 0.03% | 4,835 | $359K | Reduce -18.8% |
| GOOG Alphabet Inc. Class C | 0.03% | 1,138 | $357K | Reduce -10.2% |
| INTC Intel Corp. | 0.03% | 9,428 | $348K | Reduce -1.1% |
| RTX RTX Corp. | 0.03% | 1,779 | $326K | Add +17.0% |
| NEM Newmont Corp. | 0.03% | 3,157 | $313K | Add +0.1% |
| PSLV Sprott Physical Silver Trust | 0.02% | 10,047 | $238K | New |
| AMLP Alerian MLP ETF | 0.00% | 260,713 | $6K | Add +5325.9% |
Portfolio Sells Q3 2025 → Q4 2025
| PFE Pfizer Inc. | Reduce -55.9% | 0.44% | −0.62 |
| TGT Target Corp. | Sold out | 0.00% | −0.50 |
| ADP Automatic Data Processing | Reduce -5.7% | 1.48% | −0.38 |
| VZ Verizon Communications Inc. | Reduce -13.7% | 1.16% | −0.34 |
| PG The Procter & Gamble Co. | Reduce -1.7% | 1.49% | −0.19 |
| HD Home Depot Inc. | Reduce -0.5% | 0.74% | −0.17 |
| TXN Texas Instruments Inc. | Reduce -3.6% | 1.22% | −0.17 |
| NSC Norfolk Southern Corp. | Reduce -2.0% | 1.59% | −0.16 |
| LHX L3HARRIS Technologies Inc. | Reduce -0.2% | 1.81% | −0.15 |
| LOW Lowe's Cos Inc. | Reduce -0.8% | 1.56% | −0.14 |
| PSX Phillips 66 | Reduce -2.0% | 1.08% | −0.12 |
| VLO Valero Energy Corp. | Reduce -0.5% | 1.18% | −0.10 |
| ALL Allstate Corp. | Reduce -5.0% | 0.78% | −0.10 |
| ITW Illinois Tool Works | Reduce -4.2% | 0.61% | −0.09 |
| GD General Dynamics Corp. | Reduce -2.0% | 1.10% | −0.08 |
| V Visa Inc. Class A | Reduce -1.8% | 2.64% | −0.07 |
| APD Air Products & Chemicals Inc. | Reduce -4.9% | 0.32% | −0.06 |
| AVGO Broadcom Inc. | Reduce -2.6% | 4.07% | −0.06 |
| JPM JPMorgan Chase & Co. | Reduce -0.1% | 2.03% | −0.03 |
| FTS Fortis Inc. | Reduce -2.6% | 0.62% | −0.02 |
| FUTY Fidelity MSCI US Utilities | Reduce -0.6% | 0.36% | −0.02 |
| WTRG Essential Utilities Inc. | Sold out | 0.00% | −0.02 |
| KMB Kimberly-Clark Corp. | Sold out | 0.00% | −0.02 |
| LMT Lockheed Martin Corp. | Sold out | 0.00% | −0.02 |
| WEC WEC Energy Group Inc. | Reduce -0.1% | 0.14% | −0.02 |
| CL Colgate-Palmolive Co. | Reduce -7.0% | 0.12% | −0.01 |
| VYM Vanguard High DVD Yield ETF | Reduce -0.8% | 0.37% | −0.01 |
| QCOM Qualcomm Inc. | Reduce -0.2% | 0.63% | −0.01 |
| VIG Vanguard Dividend Apprec ETF | Reduce -1.9% | 0.14% | −0.01 |
| FHLC Fidelity MSCI Health Care | Reduce -18.8% | 0.03% | −0.00 |
| SNY Sanofi-ADR | Reduce -1.2% | 0.12% | −0.00 |
| MMM 3M Co. | Reduce -0.1% | 0.05% | −0.00 |
| INTC Intel Corp. | Reduce -1.1% | 0.03% | +0.00 |
| GOOG Alphabet Inc. Class C | Reduce -10.2% | 0.03% | +0.00 |
| ROK Rockwell Automation Inc. | Reduce -0.7% | 0.21% | +0.01 |
| UNP Union Pacific Corp. | Reduce -4.5% | 0.41% | +0.04 |
| SIVR Abrdn Physical Silver Shares | Reduce -2.4% | 0.36% | +0.11 |
| GLD SPDR Gold Shares | Reduce -0.7% | 4.33% | +0.27 |
| CAT Caterpillar Inc. | Reduce -1.9% | 2.61% | +0.31 |
| SLV iShares Silver Trust | Reduce -0.1% | 3.51% | +1.12 |
Portfolio Buys Q3 2025 → Q4 2025
| GOOGL Alphabet Inc. Class A | Add +0.8% | 3.72% | +0.75 |
| LLY Eli Lilly & Co. | Add +6.0% | 1.86% | +0.57 |
| KR Kroger Co. | Add +71.6% | 1.47% | +0.51 |
| STRL Sterling Infrastructure Inc. | Add +58.7% | 1.36% | +0.38 |
| GLDM SPDR Gold Minishares Trust | Add +0.1% | 4.99% | +0.36 |
| WMT Walmart Inc. | Add +11.5% | 2.18% | +0.31 |
| CMI Cummins Inc. | Add +2.0% | 1.78% | +0.28 |
| VRT Vertiv Holdings Co. Class A | Add +12.9% | 1.44% | +0.21 |
| AAPL Apple Inc. | Add +6.1% | 2.10% | +0.18 |
| ADI Analog Devices Inc. | Add +13.3% | 0.84% | +0.14 |
| JNJ Johnson & Johnson | Add +1.6% | 1.41% | +0.12 |
| AMZN Amazon.com Inc. | Add +4.8% | 2.06% | +0.12 |
| VTI VG Morningstar TS MKT ETF-US | Add +209.9% | 0.16% | +0.11 |
| ABBV Abbvie Inc. | Add +26.4% | 0.66% | +0.09 |
| PNC PNC Financial Services Group | Add +5.4% | 1.67% | +0.09 |
| COST Costco Wholesale Corp. | Add +19.7% | 1.06% | +0.07 |
| XOM Exxon Mobil Corp. | Add +0.7% | 1.94% | +0.07 |
| NEE Nextera Energy Inc. | Add +4.8% | 0.77% | +0.05 |
| IBM Intl Business Machines Corp. | Add +0.9% | 1.93% | +0.04 |
| KO The Coca-Cola Co. | Add +2.1% | 1.09% | +0.04 |
| MU Micron Technology Inc. | Add +66.8% | 0.05% | +0.03 |
| TSM Taiwan Semiconductor-SP ADR | Add +47.7% | 0.08% | +0.03 |
| PSLV Sprott Physical Silver Trust | New | 0.02% | +0.02 |
| AMD Advanced Micro Devices | Add +3.4% | 0.04% | +0.01 |
| RTX RTX Corp. | Add +17.0% | 0.03% | +0.01 |
| NEM Newmont Corp. | Add +0.1% | 0.03% | +0.00 |
| TSLA Tesla Inc. | Add +8.5% | 0.05% | +0.00 |
| VEU Vanguard Ftse All-World Ex-U | Add +1.6% | 0.08% | +0.00 |
| VDC Vanguard Consumer Staple ETF | Add +0.6% | 0.07% | −0.00 |
| BLK BlackRock Inc. | Add +0.5% | 0.04% | −0.00 |
| BX Blackstone Inc. | Add +0.7% | 0.04% | −0.01 |
| DUK Duke Energy Corp. | Add +7.8% | 0.48% | −0.01 |
| MCD McDonald's Corp. | Add +2.3% | 1.24% | −0.01 |
| AMLP Alerian MLP ETF | Add +5325.9% | 0.00% | −0.02 |
| EMR Emerson Electric Co. | Add +0.9% | 1.45% | −0.02 |
| NVDA Nvidia Corp. | Add +2.9% | 3.21% | −0.02 |
| CVX Chevron Corp. | Add +2.5% | 1.45% | −0.04 |
| NOC Northrop Grumman Corp. | Add +3.5% | 0.79% | −0.06 |
| DKS Dick's Sporting Goods Inc. | Add +4.3% | 0.59% | −0.07 |
| KMI Kinder Morgan Inc. | Add +2.1% | 1.83% | −0.08 |
| MSFT Microsoft Corp. | Add +3.9% | 1.79% | −0.12 |
| WMB Williams Cos Inc. | Add +0.6% | 1.68% | −0.14 |
| SO The Southern Co. | Add +1.2% | 1.77% | −0.20 |
| MO Altria Group Inc. | Add +3.4% | 1.53% | −0.23 |
| DELL Dell Technologies -C | Add +2.3% | 1.76% | −0.25 |
| META Meta Platforms Inc. Class A | Add +1.4% | 1.83% | −0.25 |
| T AT&T Inc. | Add +0.6% | 1.86% | −0.32 |
| ORCL Oracle Corp. | Add +1.3% | 1.88% | −0.90 |
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 |