Richard C. Young & Co., Ltd 13F annual report
Richard C. Young & Co., Ltd is an investment fund managing more than $823 billion ran by Christopher Stack. There are currently 77 companies in Mr. Stack’s portfolio. The largest investments include World Gold Tr and Spdr Gold Trust, together worth $69.7 billion.
$823 billion Assets Under Management (AUM)
As of 1st August 2024, Richard C. Young & Co., Ltd’s top holding is 876,528 shares of World Gold Tr currently worth over $40.4 billion and making up 4.9% of the portfolio value.
In addition, the fund holds 136,239 shares of Spdr Gold Trust worth $29.3 billion.
The third-largest holding is Merck Co Inc worth $24.2 billion and the next is Visa Inc worth $22.8 billion, with 87,008 shares owned.
Currently, Richard C. Young & Co., Ltd's portfolio is worth at least $823 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 Richard C. Young & Co., Ltd
The Richard C. Young & Co., Ltd office and employees reside in Newport, Rhode Island. According to the last 13-F report filed with the SEC, Christopher Stack serves as the Senior Vice President and CCO at Richard C. Young & Co., Ltd.
Recent trades
In the most recent 13F filing, Richard C. Young & Co., Ltd revealed that it had opened a new position in
NVIDIA Corp and bought 104,389 shares worth $12.9 billion.
This means they effectively own approximately 0.1% of the company.
NVIDIA Corp makes up
11.7%
of the fund's Technology sector allocation and has decreased its share price by 77.9% in the past year.
The investment fund also strengthened its position in Spdr Gold Trust by buying
1,356 additional shares.
This makes their stake in Spdr Gold Trust total 136,239 shares worth $29.3 billion.
On the other hand, there are companies that Richard C. Young & Co., Ltd is getting rid of from its portfolio.
Richard C. Young & Co., Ltd closed its position in Novartis AG on 8th August 2024.
It sold the previously owned 131,600 shares for $12.7 billion.
Christopher Stack also disclosed a decreased stake in World Gold Tr by approximately 0.1%.
This leaves the value of the investment at $40.4 billion and 876,528 shares.
One of the average hedge funds
The two most similar investment funds to Richard C. Young & Co., Ltd are West Coast and Conifer Management, L.L.C. They manage $823 billion and $822 billion respectively.
Christopher Stack investment strategy
Richard C. Young & Co., Ltd’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 13.4% of
the total portfolio value.
The fund focuses on investments in the United States as
51.9% 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
55% of the total holdings value.
On the other hand, small-cap stocks make up only 2.6% of the portfolio.
The average market cap of the portfolio companies is close to $270 billion.
The complete list of Richard C. Young & Co., Ltd trades based on 13F SEC filings
These positions were updated on August 8th 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 |
|---|---|---|---|
| World Gold Tr |
0.22%
876,528
|
$40,399,153,000 | 4.91% |
| Spdr Gold Trust |
1.01%
136,239
|
$29,292,725,000 | 3.56% |
| Merck Co Inc |
0.86%
195,412
|
$24,192,057,000 | 2.94% |
| Visa Inc |
1.10%
87,008
|
$22,836,958,000 | 2.78% |
| Texas Instrs Inc |
1.22%
117,237
|
$22,806,126,000 | 2.77% |
| Broadcom Inc |
0.69%
13,605
|
$21,843,264,000 | 2.66% |
| Exxon Mobil Corp. |
1.98%
177,750
|
$20,462,628,000 | 2.49% |
| Alphabet Inc |
10.03%
112,125
|
$20,423,625,000 | 2.48% |
| Procter Gamble Co |
1.38%
120,761
|
$19,915,863,000 | 2.42% |
| Ishares Silver Trust |
1.69%
737,946
|
$19,607,221,000 | 2.38% |
| Caterpillar Inc. |
0.35%
56,559
|
$18,839,927,000 | 2.29% |
| Automatic Data Processing In |
0.60%
73,997
|
$17,662,270,000 | 2.15% |
| Lowes Cos Inc |
2.21%
77,254
|
$17,031,505,000 | 2.07% |
| The Southern Co. |
2.05%
218,089
|
$16,917,185,000 | 2.06% |
| Microsoft Corporation |
0.19%
37,278
|
$16,661,255,000 | 2.03% |
| Amazon.com Inc. |
0.01%
85,694
|
$16,560,366,000 | 2.01% |
| Apple Inc |
469.25%
77,760
|
$16,377,715,000 | 1.99% |
| Att Inc |
1.51%
819,819
|
$15,666,733,000 | 1.90% |
| Chevron Corp. |
2.78%
98,385
|
$15,389,415,000 | 1.87% |
| L3 Harris Technologies Inc |
1.80%
68,260
|
$15,329,884,000 | 1.86% |
| Phillips 66 |
1.79%
108,438
|
$15,308,148,000 | 1.86% |
| Analog Devices Inc. |
0.18%
66,652
|
$15,214,061,000 | 1.85% |
| Oracle Corp. |
0.07%
105,297
|
$14,867,923,000 | 1.81% |
| Norfolk Southern Corp. |
0.78%
68,520
|
$14,710,602,000 | 1.79% |
| Verizon Communications Inc |
2.94%
347,437
|
$14,328,286,000 | 1.74% |
| Kinder Morgan Inc |
2.76%
720,744
|
$14,321,182,000 | 1.74% |
| Williams Cos Inc |
3.70%
329,898
|
$14,020,686,000 | 1.70% |
| Aflac Inc. |
2.05%
156,420
|
$13,969,874,000 | 1.70% |
| Valero Energy Corp. |
1.68%
85,157
|
$13,349,286,000 | 1.62% |
| Air Products Chems Inc |
0.93%
51,029
|
$13,168,047,000 | 1.60% |
| Wal-mart Stores Inc |
4.00%
193,212
|
$13,082,415,000 | 1.59% |
| NVIDIA Corp |
Opened
104,389
|
$12,896,259,000 | 1.57% |
| Emerson Elec Co |
1.13%
116,092
|
$12,788,737,000 | 1.55% |
| Novartis AG |
Closed
131,600
|
$12,729,671,000 | |
| Pfizer Inc. |
5.19%
439,189
|
$12,288,511,000 | 1.49% |
| Illinois Tool Wks Inc |
1.49%
51,480
|
$12,198,706,000 | 1.48% |
| International Business Machs |
0.49%
65,615
|
$11,348,141,000 | 1.38% |
| Unilever Plc Adr |
Closed
224,354
|
$11,260,345,000 | |
| General Dynamics Corp. |
1.98%
37,983
|
$11,020,248,000 | 1.34% |
| Hershey Company |
0.11%
58,808
|
$10,810,631,000 | 1.31% |
| Mcdonalds Corp |
1.54%
42,175
|
$10,747,864,000 | 1.31% |
| Fortis Inc. |
5.24%
275,027
|
$10,682,034,000 | 1.30% |
| Medtronic Plc |
0.13%
135,598
|
$10,672,571,000 | 1.30% |
| Johnson Johnson |
0.38%
72,979
|
$10,666,571,000 | 1.30% |
| Target Corp |
Opened
71,948
|
$10,651,118,000 | 1.29% |
| Cummins Inc. |
1.27%
36,937
|
$10,228,934,000 | 1.24% |
| Union Pac Corp |
1.92%
45,183
|
$10,223,053,000 | 1.24% |
| Jpmorgan Chase Co |
5.14%
50,389
|
$10,191,696,000 | 1.24% |
| Pnc Finl Svcs Group Inc |
2.07%
60,950
|
$9,476,501,000 | 1.15% |
| Coca-Cola Co |
Opened
145,790
|
$9,279,523,000 | 1.13% |
| Home Depot, Inc. |
0.02%
25,469
|
$8,767,329,000 | 1.07% |
| Colgate-Palmolive Co. |
5.56%
83,929
|
$8,144,461,000 | 0.99% |
| Qualcomm, Inc. |
Opened
37,282
|
$7,425,825,000 | 0.90% |
| Kroger Co. |
0.48%
143,967
|
$7,188,290,000 | 0.87% |
| Kenvue Inc |
1.32%
368,066
|
$6,691,436,000 | 0.81% |
| Fidelity Covington Trust |
1.84%
79,193
|
$3,481,320,000 | 0.42% |
| Abbvie Inc |
40.17%
19,470
|
$3,339,447,000 | 0.41% |
| Vanguard Whitehall Fds Inc |
0.64%
27,555
|
$3,267,980,000 | 0.40% |
| Rockwell Automation Inc |
36.19%
11,507
|
$3,167,651,000 | 0.39% |
| WEC Energy Group Inc |
2.81%
39,332
|
$3,085,962,000 | 0.38% |
| Avista Corp. |
59.00%
71,182
|
$2,463,611,000 | 0.30% |
| Sanofi |
60.18%
47,853
|
$2,321,828,000 | 0.28% |
| Aberdeen Std Silver Etf Tr |
1.48%
70,816
|
$1,971,509,000 | 0.24% |
| Smucker J M Co |
80.58%
16,012
|
$1,745,934,000 | 0.21% |
| Amer States Wtr Inc |
44.66%
19,228
|
$1,395,342,000 | 0.17% |
| NextEra Energy Inc |
Opened
16,762
|
$1,186,912,000 | 0.14% |
| Vanguard Group, Inc. |
2.67%
6,183
|
$1,128,791,000 | 0.14% |
| Duke Energy Corp. |
Opened
9,074
|
$909,499,000 | 0.11% |
| Vanguard Intl Equity Index F |
1.94%
14,887
|
$872,953,000 | 0.11% |
| Vanguard Index Fds |
No change
1,804
|
$482,581,000 | 0.06% |
| Intel Corp. |
60.12%
14,949
|
$462,965,000 | 0.06% |
| Blackstone Inc |
Opened
3,404
|
$421,460,000 | 0.05% |
| Berkshire Hathaway Inc. |
9.47%
956
|
$389,039,000 | 0.05% |
| Becton Dickinson Co |
0.07%
1,465
|
$342,459,000 | 0.04% |
| Vanguard World Fds |
7.71%
1,522
|
$308,953,000 | 0.04% |
| Pepsico Inc |
3.06%
1,618
|
$266,907,000 | 0.03% |
| Alphabet Inc |
Opened
1,232
|
$225,994,000 | 0.03% |
| American Tower Corp. |
Closed
1,135
|
$224,360,000 | |
| Alps Etf Tr |
0.61%
4,655
|
$223,361,000 | 0.03% |
| United Parcel Service, Inc. |
Closed
1,490
|
$221,507,000 | |
| Ishares Tr |
Closed
419
|
$220,029,000 | |
| Sprott Physical Gold Silve |
No change
9,882
|
$217,897,000 | 0.03% |
| No transactions found | |||
| Showing first 500 out of 82 holdings | |||
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