FOUNDERS CAPITAL MANAGEMENT, LLC
Reported holdings as of Q2 2026, from 31 quarterly filings.
Holdings
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| ALPHABET INC | GOOG | $155.9M | 441,185 | +2.45pp | 31q | HELD | |
| BERKSHIRE HATHAWAY INC DEL | BRKB | $70.4M | 140,600 | -0.56pp | 31q | HELD | |
| META PLATFORMS INC | META | $52.1M | 92,541 | -0.92pp | 31q | HELD | |
| MICROSOFT CORP | MSFT | $45.5M | 122,044 | -0.62pp | 31q | HELD | |
| ALPHABET INC | GOOGL | $40.1M | 112,146 | +0.72pp | 22q | +0.7%+$268.0K | |
| AMERICAN EXPRESS CO | AXP | $25.5M | 75,527 | +0.05pp | 31q | HELD | |
| FEDEX CORP | FDX | $21.3M | 68,144 | -0.81pp | 31q | HELD | |
| APPLE INC | AAPL | $21.3M | 73,438 | +0.08pp | 31q | -0.8%-$160.6K | |
| STATE STR SPDR S&P 500 ETF T | SPY | $20.2M | 27,016 | +0.12pp | 29q | HELD | |
| CSX CORP | CSX | $19.2M | 402,966 | +0.12pp | 31q | -0.6%-$109.3K | |
| UNION PAC CORP | UNP | $13.5M | 49,617 | +0.04pp | 31q | HELD | |
| UNITED PARCEL SVCS INC | UPS | $12.4M | 114,910 | -0.01pp | 26q | HELD | |
| PEPSICO INC | PEP | $11.4M | 84,267 | -0.44pp | 31q | HELD | |
| HOME DEPOT INC | HD | $10.8M | 30,553 | -0.10pp | 31q | -3.5%-$391.8K | |
| COCA COLA CO | KO | $10.4M | 128,040 | -0.05pp | 31q | HELD | |
| VANGUARD SCOTTSDALE FDS | VONE | $10.2M | 30,204 | +0.06pp | 13q | HELD | |
| INVESCO QQQ TR | QQQ | $10.1M | 13,660 | +0.20pp | 13q | HELD | |
| GENERAL DYNAMICS CORP | GD | $8.0M | 22,646 | -0.09pp | 26q | -0.9%-$70.5K | |
| DISNEY WALT CO | DIS | $7.4M | 77,245 | -0.12pp | 31q | HELD | |
| LOCKHEED MARTIN CORP | LMT | $7.2M | 14,154 | -0.33pp | 31q | HELD | |
| AMGEN INC | AMGN | $6.8M | 18,820 | -0.07pp | 31q | HELD | |
| CANADIAN NATL RY CO | CNI | $6.4M | 53,315 | +0.05pp | 5q | HELD | |
| JOHNSON & JOHNSON | JNJ | $5.8M | 22,899 | -0.05pp | 31q | HELD | |
| ABBVIE INC | ABBV | $5.7M | 22,823 | +0.04pp | 31q | HELD | |
| COMCAST CORP NEW | CMCSA | $5.3M | 217,889 | -0.20pp | 31q | +2.9%+$150.0K | |
| REGENERON PHARMACEUTICALS | REGN | $5.2M | 8,385 | -0.26pp | 31q | +2.2%+$113.5K | |
| CISCO SYS INC | CSCO | $5.2M | 44,454 | +0.20pp | 31q | -1.7%-$88.1K | |
| FEDEX FGHT HLDG CO INC | $5.1M | 33,770 | - | new | NEW | ||
| LOWES COS INC | LOW | $4.7M | 21,458 | -0.15pp | 31q | -2.1%-$101.9K | |
| M & T BK CORP | MTB | $3.4M | 14,423 | -0.01pp | 19q | -6.8%-$250.4K | |
| RESTAURANT BRANDS INTL INC | QSR | $3.0M | 41,816 | -0.06pp | 18q | HELD | |
| BANK OF AMER CORP | BACPRL | $2.8M | 2,217 | -0.02pp | 19q | HELD | |
| ABBOTT LABORATORIES | ABT | $2.7M | 30,261 | -0.09pp | 31q | +2.0%+$54.7K | |
| LAM RESEARCH CORP | LRCX | $2.4M | 5,609 | +0.17pp | 6q | HELD | |
| KRAFT HEINZ CO | KHC | $2.4M | 102,100 | -0.01pp | 12q | +1.1%+$26.8K | |
| CHEVRON CORPORATION | CVX | $2.2M | 13,466 | -0.13pp | 18q | HELD | |
| STRYKER CORPORATION | SYK | $2.2M | 7,058 | -0.05pp | 31q | HELD | |
| WARNER BROS DISCOVERY INC | WBD | $1.9M | 71,284 | -0.04pp | 17q | -1.1%-$20.5K | |
| MOHAWK INDS INC | MHK | $1.7M | 14,088 | +0.03pp | 18q | HELD | |
| RTX CORPORATION | RTX | $1.5M | 7,926 | -0.03pp | 25q | HELD | |
| INTEL CORP | INTC | $1.2M | 8,260 | +0.11pp | 4q | HELD | |
| TAIWAN SEMICONDUCTOR MANUFAC | TSM | $1.0M | 2,157 | +0.03pp | 11q | HELD | |
| MCKESSON CORP | MCK | $927.9K | 1,228 | -0.06pp | 18q | -10.8%-$111.8K | |
| PROCTER & GAMBLE CO | PG | $899.5K | 6,134 | -0.01pp | 31q | HELD | |
| WALMART INC | WMT | $860.1K | 7,594 | -0.03pp | 31q | HELD | |
| WELLS FARGO & CO | WFCPRL | $857.3K | 741 | -0.01pp | 19q | HELD | |
| WEBSTER FINL CORP | WBS | $846.7K | 11,079 | flat | 29q | HELD | |
| AMAZON COM INC | AMZN | $753.9K | 3,163 | flat | 15q | HELD | |
| BERKSHIRE HATHAWAY INC DEL | BRKA | $748.9K | 1 | -0.01pp | 31q | HELD | |
| CAMDEN NATL CORP | CAC | $704.2K | 12,988 | flat | 23q | HELD | |
| MARKEL GROUP INC | MKL | $675.7K | 346 | -0.01pp | 26q | HELD | |
| THE CIGNA GROUP | CI | $634.9K | 2,303 | -0.01pp | 20q | HELD | |
| THERMO FISHER SCIENTIFIC INC | TMO | $630.2K | 1,257 | -0.01pp | 5q | HELD | |
| NEW YORK TIMES CO MTN BE | NYT | $559.8K | 8,000 | -0.03pp | 26q | HELD | |
| BANK OF AMER CORP | BAC | $543.7K | 9,542 | flat | 27q | -1.8%-$10.0K | |
| SPROTT ASSET MANAGEMENT LP | CEF | $537.1K | 13,350 | - | new | NEW | |
| MASTERCARD INCORPORATED | MA | $536.7K | 1,045 | -0.01pp | 10q | HELD | |
| BOSTON BEER INC | SAM | $530.2K | 2,995 | -0.03pp | 19q | HELD | |
| FASTENAL CO | FAST | $500.9K | 10,428 | flat | 25q | HELD | |
| CARRIER GLOBAL CORPORATION | CARR | $484.0K | 6,599 | +0.01pp | 15q | HELD | |
| NORFOLK SOUTHN CORP | NSC | $445.8K | 1,417 | flat | 31q | HELD | |
| WELLS FARGO & CO | WFC | $413.2K | 5,000 | flat | 20q | HELD | |
| UNITEDHEALTH GROUP INC | UNH | $408.1K | 982 | +0.02pp | 31q | HELD | |
| CATERPILLAR INC | CAT | $374.8K | 352 | +0.01pp | 3q | HELD | |
| ORACLE CORP | ORCL | $371.4K | 2,534 | -0.06pp | 31q | -48.6%-$351.7K | |
| CUMMINS INC | CMI | $370.2K | 519 | +0.01pp | 4q | HELD | |
| DELL TECHNOLOGIES INC | DELL | $346.5K | 803 | - | new | NEW | |
| KEYCORP | KEY | $342.5K | 14,857 | flat | 11q | HELD | |
| VISA INC | V | $336.2K | 980 | flat | 25q | HELD | |
| ADAMS DIVERSIFIED EQUITY FD | ADX | $316.1K | 12,372 | flat | 9q | +1.8%+$5.7K | |
| DARDEN RESTAURANTS INC | DRI | $309.0K | 1,500 | flat | 15q | HELD | |
| DIAGEO PLC | DEO | $306.6K | 3,815 | - | new | NEW | |
| FIRST BANCORP CORPORATION | FBP | $286.8K | 11,000 | flat | 13q | HELD | |
| SHELL PLC | SHEL | $271.1K | 3,496 | -0.01pp | 12q | HELD | |
| MEDTRONIC PLC | MDT | $249.1K | 3,184 | -0.01pp | 31q | HELD | |
| GE AEROSPACE | GE | $247.0K | 661 | - | new | NEW | |
| OFG BANCORP | OFG | $245.3K | 5,000 | flat | 13q | HELD | |
| MODERNA INC | MRNA | $210.1K | 3,000 | - | new | NEW | |
| JPMORGAN CHASE & CO | JPM | $201.0K | 614 | flat | 6q | -12.2%-$27.8K |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Software & IT Services | $294.0M | 43.9% |
| Transport & Logistics | $73.1M | 10.9% |
| Insurance | $72.8M | 10.9% |
| Banks & Lending | $32.6M | 4.9% |
| Funds & ETFs | $30.5M | 4.6% |
| Computer Hardware | $26.8M | 4.0% |
| Biotech & Pharma | $26.6M | 4.0% |
| Food, Drink & Tobacco | $25.1M | 3.7% |
| Retail & Consumer | $22.7M | 3.4% |
| Autos & Aerospace | $16.7M | 2.5% |
| Telecom & Media | $15.2M | 2.3% |
| Other sectors | $14.9M | 2.2% |
| Not classified | $19.0M | 2.8% |
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $670.1M | 79 | 6 | 6 | 12 | 1 | 70.4% | 20 |
| Q1 2026 | $608.4M | 74 | 0 | 6 | 18 | 5 | 69.7% | 23 |
| Q4 2025 | $673.3M | 79 | 2 | 18 | 27 | 2 | 70.2% | 23 |
| Q3 2025 | $639.2M | 79 | 2 | 3 | 20 | 1 | 68.9% | 10 |
| Q2 2025 | $587.1M | 78 | 3 | 13 | 21 | 1 | 67.2% | 14 |
| Q1 2025 | $543.7M | 76 | 3 | 7 | 26 | 0 | 65.5% | 15 |
| Q4 2024 | $570.3M | 73 | 0 | 10 | 25 | 4 | 66.6% | 24 |
| Q3 2024 | $576.6M | 77 | 0 | 5 | 33 | 0 | 62.6% | 15 |
| Q2 2024 | $556.8M | 77 | 1 | 11 | 24 | 2 | 64.2% | 17 |
| Q1 2024 | $540.6M | 78 | 1 | 19 | 20 | 1 | 61.9% | 22 |
| Q4 2023 | $487.8M | 78 | 3 | 14 | 19 | 0 | 60.2% | 23 |
| Q3 2023 | $440.5M | 75 | 3 | 7 | 20 | 5 | 60.7% | 24 |
| Q2 2023 | $448.9M | 77 | 6 | 9 | 27 | 1 | 60.3% | 26 |
| Q1 2023 | $401.5M | 72 | 1 | 9 | 22 | 0 | 59.5% | 18 |
| Q4 2022 | $372.1M | 71 | 5 | 8 | 28 | 1 | 57.1% | 20 |
| Q3 2022 | $356.8M | 67 | 0 | 14 | 9 | 0 | 58.2% | 21 |
| Q2 2022 | $390.1M | 67 | 2 | 9 | 8 | 4 | 58.8% | 25 |
| Q1 2022 | $465.9M | 69 | 6 | 20 | 6 | 2 | 60.5% | 33 |
| Q4 2021 | $462.4M | 65 | 5 | 10 | 25 | 3 | 62.0% | 47 |
| Q3 2021 | $395.9M | 63 | 5 | 14 | 19 | 14 | 61.9% | 21 |
| Q2 2021 | $414.6M | 72 | 1 | 12 | 39 | 3 | 59.7% | 15 |
| Q1 2021 | $398.6M | 74 | 6 | 35 | 8 | 1 | 59.5% | 12 |
| Q4 2020 | $346.3M | 69 | 4 | 4 | 25 | 0 | 59.6% | 15 |
| Q3 2020 | $315.1M | 65 | 1 | 3 | 20 | 1 | 59.7% | 19 |
| Q2 2020 | $291.9M | 65 | 8 | 7 | 8 | 1 | 59.7% | 8 |
| Q1 2020 | $251.6M | 58 | 7 | 15 | 15 | 5 | 59.0% | 20 |
| Q4 2019 | $303.2M | 56 | 3 | 2 | 12 | 2 | 60.8% | 8 |
| Q3 2019 | $281.4M | 55 | 1 | 5 | 19 | 4 | 60.6% | 9 |
| Q2 2019 | $281.8M | 58 | 3 | 11 | 20 | 1 | 60.0% | 11 |
| Q1 2019 | $272.7M | 56 | 9 | 23 | 10 | 3 | 59.7% | 16 |
| Q4 2018 | $233.3M | 50 | 0 | 0 | 0 | 0 | 61.7% | 18 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.