Founders Capital Management 13F annual report
Founders Capital Management is an investment fund managing more than $549 billion ran by Patrick Terrion. There are currently 71 companies in Mr. Terrion’s portfolio. The largest investments include Alphabet Inc and Berkshire Hathaway, together worth $163 billion.
$549 billion Assets Under Management (AUM)
As of 10th July 2024, Founders Capital Management’s top holding is 566,463 shares of Alphabet Inc currently worth over $104 billion and making up 18.9% of the portfolio value.
Relative to the number of outstanding shares of Alphabet Inc, Founders Capital Management owns more than approximately 0.1% of the company.
In addition, the fund holds 143,456 shares of Berkshire Hathaway worth $59 billion, whose value grew 17.3% in the past six months.
The third-largest holding is Microsoft worth $55.3 billion and the next is Meta Platforms Inc worth $50 billion, with 99,070 shares owned.
Currently, Founders Capital Management's portfolio is worth at least $549 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Founders Capital Management
The Founders Capital Management office and employees reside in East Hartford, Connecticut. According to the last 13-F report filed with the SEC, Patrick Terrion serves as the Member and Chief Compliance Officer at Founders Capital Management.
Recent trades
In the most recent 13F filing, Founders Capital Management revealed that it had opened a new position in
Adams Diversified Equity Fd and bought 10,448 shares worth $225 million.
The investment fund also strengthened its position in Alphabet Inc by buying
1,604 additional shares.
This makes their stake in Alphabet Inc total 566,463 shares worth $104 billion.
Alphabet Inc soared 47.5% in the past year.
On the other hand, there are companies that Founders Capital Management is getting rid of from its portfolio.
Founders Capital Management closed its position in International Flavors&fragra on 17th July 2024.
It sold the previously owned 10,092 shares for $868 million.
Patrick Terrion also disclosed a decreased stake in Berkshire Hathaway by approximately 0.1%.
This leaves the value of the investment at $59 billion and 143,456 shares.
One of the average hedge funds
The two most similar investment funds to Founders Capital Management are Cfo4life and American Investment Services. They manage $549 billion and $550 billion respectively.
Patrick Terrion investment strategy
Founders Capital Management’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Technology — making up 38.8% of
the total portfolio value.
The fund focuses on investments in the United States as
60.6% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
59% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $260 billion.
The complete list of Founders Capital Management trades based on 13F SEC filings
These positions were updated on July 17th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Alphabet Inc |
0.28%
566,463
|
$103,773,158,000 | 18.89% |
| Berkshire Hathaway Inc. |
0.02%
143,456
|
$58,969,735,000 | 10.73% |
| Microsoft Corporation |
0.12%
123,702
|
$55,288,609,000 | 10.06% |
| Meta Platforms Inc |
0.29%
99,070
|
$49,953,075,000 | 9.09% |
| Fedex Corp |
0.41%
72,036
|
$21,599,274,000 | 3.93% |
| American Express Co. |
0.31%
80,218
|
$18,574,478,000 | 3.38% |
| Apple Inc |
0.01%
84,640
|
$17,826,877,000 | 3.25% |
| Wells Fargo Co New |
0.83%
300,495
|
$18,988,404,000 | 3.46% |
| Spdr S&p 500 Etf Tr |
3.29%
26,483
|
$14,412,575,000 | 2.62% |
| CSX Corp. |
0.58%
424,176
|
$14,188,687,000 | 2.58% |
| Home Depot, Inc. |
0.57%
39,845
|
$13,716,091,000 | 2.50% |
| Pepsico Inc |
0.30%
77,832
|
$12,836,832,000 | 2.34% |
| Union Pac Corp |
0.03%
48,819
|
$11,045,787,000 | 2.01% |
| Disney Walt Co |
3.26%
88,640
|
$8,801,069,000 | 1.60% |
| Coca-Cola Co |
1.30%
137,109
|
$8,726,988,000 | 1.59% |
| Carmax Inc |
5.74%
117,086
|
$8,587,087,000 | 1.56% |
| Comcast Corp New |
12.43%
214,995
|
$8,419,204,000 | 1.53% |
| Regeneron Pharmaceuticals, Inc. |
0.69%
7,785
|
$8,182,269,000 | 1.49% |
| General Dynamics Corp. |
0.27%
26,701
|
$7,747,028,000 | 1.41% |
| Vanguard Scottsdale Fds |
No change
30,204
|
$7,432,298,000 | 1.35% |
| Lockheed Martin Corp. |
0.37%
15,750
|
$7,356,825,000 | 1.34% |
| AMGEN Inc. |
1.10%
20,125
|
$6,288,056,000 | 1.14% |
| Lowes Cos Inc |
0.46%
24,623
|
$5,428,387,000 | 0.99% |
| United Parcel Service, Inc. |
1,107.30%
32,573
|
$4,457,615,000 | 0.81% |
| Abbvie Inc |
No change
23,726
|
$4,069,484,000 | 0.74% |
| Stanley Black & Decker Inc |
5.13%
50,400
|
$4,026,456,000 | 0.73% |
| Johnson & Johnson |
0.62%
24,047
|
$3,514,710,000 | 0.64% |
| Stryker Corp. |
0.14%
9,959
|
$3,388,550,000 | 0.62% |
| Abbott Labs |
0.85%
31,727
|
$3,296,753,000 | 0.60% |
| Restaurant Brands International Inc |
0.58%
42,738
|
$3,007,473,000 | 0.55% |
| Bank America Corp |
1.48%
20,908
|
$3,649,634,000 | 0.66% |
| Kraft Heinz Co |
No change
83,635
|
$2,694,720,000 | 0.49% |
| Ishares Tr |
No change
23,842
|
$2,542,988,000 | 0.46% |
| Cisco Sys Inc |
3.26%
48,819
|
$2,319,391,000 | 0.42% |
| M & T Bk Corp |
No change
14,955
|
$2,263,589,000 | 0.41% |
| Qorvo Inc |
No change
15,835
|
$1,837,493,000 | 0.33% |
| Mohawk Inds Inc |
No change
14,413
|
$1,637,173,000 | 0.30% |
| Oracle Corp. |
No change
9,322
|
$1,316,266,000 | 0.24% |
| Intel Corp. |
27.50%
38,800
|
$1,201,636,000 | 0.22% |
| Procter And Gamble Co |
4.55%
6,889
|
$1,136,134,000 | 0.21% |
| Unitedhealth Group Inc |
No change
1,939
|
$987,570,000 | 0.18% |
| Boston Beer Co., Inc. |
No change
2,995
|
$913,625,000 | 0.17% |
| Markel Group Inc |
12.07%
568
|
$894,975,000 | 0.16% |
| International Flavors&fragra |
Closed
10,092
|
$867,811,000 | |
| RTX Corp |
1.21%
8,369
|
$840,164,000 | 0.15% |
| Cigna Group (The) |
No change
2,326
|
$768,906,000 | 0.14% |
| Mckesson Corporation |
11.80%
1,137
|
$664,053,000 | 0.12% |
| Amazon.com Inc. |
No change
3,282
|
$634,247,000 | 0.12% |
| Medtronic Plc |
1.64%
7,316
|
$575,842,000 | 0.10% |
| Warner Bros.Discovery Inc |
0.74%
75,486
|
$561,616,000 | 0.10% |
| Boston Omaha Corp |
Closed
34,049
|
$526,398,000 | |
| Walmart Inc |
No change
7,500
|
$507,852,000 | 0.09% |
| Pnc Finl Svcs Group Inc |
No change
3,190
|
$495,981,000 | 0.09% |
| Webster Finl Corp |
3.64%
11,079
|
$482,934,000 | 0.09% |
| First Bancorp P R |
No change
26,000
|
$475,540,000 | 0.09% |
| Mastercard Incorporated |
No change
1,022
|
$450,651,000 | 0.08% |
| Ameriprise Finl Inc |
No change
1,019
|
$435,307,000 | 0.08% |
| General Mls Inc |
16.66%
6,664
|
$421,565,000 | 0.08% |
| Norfolk Southn Corp |
No change
1,928
|
$413,922,000 | 0.08% |
| New York Times Co. |
No change
8,000
|
$409,680,000 | 0.07% |
| OFG Bancorp |
No change
10,000
|
$374,500,000 | 0.07% |
| Taiwan Semiconductor Mfg Ltd |
5.15%
2,103
|
$365,522,000 | 0.07% |
| Moderna Inc |
0.66%
3,000
|
$356,250,000 | 0.06% |
| Visa Inc |
No change
1,324
|
$347,510,000 | 0.06% |
| Carrier Global Corporation |
3.45%
5,250
|
$331,170,000 | 0.06% |
| Fastenal Co. |
No change
5,100
|
$320,484,000 | 0.06% |
| Shell Plc |
12.34%
4,262
|
$307,631,000 | 0.06% |
| Camden Natl Corp |
No change
9,300
|
$306,900,000 | 0.06% |
| Chevron Corp. |
1.87%
1,680
|
$262,786,000 | 0.05% |
| Otis Worldwide Corporation |
3.45%
2,612
|
$251,431,000 | 0.05% |
| Darden Restaurants, Inc. |
No change
1,500
|
$226,980,000 | 0.04% |
| Adams Diversified Equity Fd |
Opened
10,448
|
$224,525,000 | 0.04% |
| KeyCorp |
8.10%
15,440
|
$219,402,000 | 0.04% |
| No transactions found | |||
| Showing first 500 out of 73 holdings | |||
Hedge funds similar to Founders Capital Management
- Iron Gate Global Advisors
- Baker Tilly Wealth Management
- Faithward Advisors
- Cadinha & Co
- Dorchester Wealth Management Co
- American Investment Services
- Cfo4life
- Tanager Wealth Management LL.P.
- J. Stern & Co. LL.P.
- Hudson Way Capital Management
- Woodson Capital Management, L.P.
- Quadratic Capital Management
- Stansberry Asset Management
- Aprio Wealth Management