Richard C Young & CO LTD's Q4 2022 13F: 5 new positions, 3 exits
Form 13F-HR for the quarter ended Dec 31, 2022 · filed Feb 10, 2023 · 76 reported positions · accession 0001387304-23-000004
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| New | iShares TR (IYZ) | — | 2.0% | +2.0 pts | +683K sh | new |
| New | iShares TR (DGRO) | — | 1.4% | +1.4 pts | +213K sh | new |
| Reduced | Verizon Communications Inc (VZ) | 1.8% | 0.8% | −1.0 pts | −163K sh | −52% |
| New | Select Sector SPDR TR (XLF) | — | 0.7% | +0.7 pts | +162K sh | new |
| Reduced | AT&T Inc (T) | 1.7% | 1.1% | −0.6 pts | −284K sh | −39% |
| Reduced | Avista Corp (AVA) | 1.5% | 1.0% | −0.5 pts | −95,104 sh | −37% |
| Reduced | US Bancorp DEL (USB) | 1.2% | 0.6% | −0.6 pts | −94,835 sh | −47% |
| New | Select Sector SPDR TR (XLU) | — | 0.5% | +0.5 pts | +57,886 sh | new |
| Reduced | Medtronic PLC (MDT) | 1.5% | 0.8% | −0.7 pts | −43,090 sh | −36% |
| Reduced | Walgreens Boots Alliance Inc (WBA) | 0.5% | 0.4% | −0.2 pts | −35,839 sh | −33% |
| Exited | Apple Inc (AAPL) | 0.1% | — | −0.1 pts | −3,477 sh | −100% |
| Reduced | Procter & Gamble Co (PG) | 2.3% | 2.3% | 0.0 pts | −3,437 sh | −3% |
| Exited | 3M Co (MMM) | 0.1% | — | −0.1 pts | −3,827 sh | −100% |
| Reduced | Northwest Nat Hdlg Co (NWN) | 0.3% | 0.3% | −0.1 pts | −9,906 sh | −19% |
| Reduced | SPDR Gold Trust (GLD) | 3.6% | 3.4% | −0.2 pts | −2,776 sh | −2% |
| Reduced | Valero Energy Corp (VLO) | 1.6% | 1.6% | 0.0 pts | −3,429 sh | −3% |
| Reduced | Colgate Palmolive Co (CL) | 1.0% | 1.0% | −0.1 pts | −4,667 sh | −5% |
| Reduced | Intel Corp (INTC) | 0.5% | 0.4% | −0.1 pts | −13,397 sh | −11% |
| Reduced | Wal-Mart Stores Inc (WMT) | 1.3% | 1.2% | −0.1 pts | −2,264 sh | −3% |
| Exited | Berkshire Hathaway Inc Del (BRK-B) | 0.0% | — | 0.0 pts | −1,002 sh | −100% |
| Reduced | Kroger Co (KR) | 1.1% | 1.0% | −0.2 pts | −5,710 sh | −3% |
| Increased | Huntington Bancshares Inc (HBAN) | 1.0% | 1.0% | 0.0 pts | +17,574 sh | +4% |
| Reduced | Sanofi (SNY) | 1.0% | 1.0% | +0.1 pts | −5,028 sh | −3% |
| Increased | Emerson Elec Co (EMR) | 1.1% | 1.2% | +0.2 pts | +2,450 sh | +3% |
| New | Pepsico Inc (PEP) | — | 0.0% | 0.0 pts | +1,183 sh | new |
| Reduced | Cisco SYS Inc (CSCO) | 1.6% | 1.6% | 0.0 pts | −4,376 sh | −2% |
| Increased | General Dynamics Corp (GD) | 0.8% | 0.8% | 0.0 pts | +777 sh | +3% |
| Reduced | Merck & Co Inc (MRK) | 2.6% | 2.9% | +0.3 pts | −1,655 sh | −1% |
| Increased | Kinder Morgan Inc Del (KMI) | 1.6% | 1.5% | −0.1 pts | +10,134 sh | +2% |
| Reduced | Illinois Tool WKS Inc (ITW) | 1.6% | 1.7% | +0.1 pts | −794 sh | −1% |
| Reduced | Wells Fargo & Co (WFCPRL) | 0.8% | 0.7% | −0.1 pts | −146 sh | −3% |
| Increased | Union Pac Corp (UNP) | 1.0% | 1.0% | −0.1 pts | +829 sh | +2% |
| Reduced | International Business Machs (IBM) | 1.4% | 1.4% | 0.0 pts | −1,163 sh | −2% |
| Increased | Air Products & Chems Inc (APD) | 1.6% | 1.9% | +0.3 pts | +517 sh | +1% |
| Reduced | WEC Energy Group Inc (WEC) | 0.7% | 0.6% | −0.1 pts | −1,364 sh | −3% |
| Reduced | Analog Devices Inc (ADI) | 1.4% | 1.5% | 0.0 pts | −749 sh | −1% |
| Increased | Williams Cos Inc (WMB) | 1.2% | 1.3% | 0.0 pts | +3,440 sh | +1% |
| Increased | Caterpillar Inc Del (CAT) | 1.3% | 1.7% | +0.4 pts | +457 sh | +1% |
| Increased | Cummins Inc (CMI) | 1.0% | 1.0% | 0.0 pts | +449 sh | +1% |
| Increased | Washington TR Bancorp (WASH) | 0.8% | 0.7% | −0.1 pts | +2,190 sh | +2% |
| Reduced | Rockwell Automation Inc (ROK) | 0.7% | 0.7% | 0.0 pts | −384 sh | −2% |
| Reduced | iShares Silver Trust (SLV) | 2.0% | 2.2% | +0.2 pts | −4,490 sh | −1% |
| Increased | Oracle Corp (ORCL) | 0.6% | 0.8% | +0.1 pts | +1,209 sh | +2% |
| Increased | Vanguard Whitehall FDS INC (VYM) | 0.4% | 0.4% | 0.0 pts | +864 sh | +3% |
| Reduced | Home Depot Inc (HD) | 1.1% | 1.1% | 0.0 pts | −280 sh | −1% |
| Reduced | Norfolk Southern Corp (NSC) | 2.4% | 2.5% | 0.0 pts | −358 sh | 0% |
| Reduced | Southern Co (SO) | 2.2% | 2.0% | −0.2 pts | −1,199 sh | −1% |
| Increased | Unilever PLC ADR (UL) | 1.5% | 1.5% | 0.0 pts | +1,686 sh | +1% |
| Increased | United Parcel Service Inc (UPS) | 2.0% | 1.9% | −0.1 pts | +446 sh | +1% |
| Reduced | Pfizer Inc (PFE) | 2.6% | 2.6% | 0.0 pts | −1,504 sh | 0% |
The 50 largest of 77 changes, by size of the trade. Full holdings for this quarter.
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 29.0% of the equity book
Changes in the top 10 this quarter: XOM entered · ADP left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | World Gold TR (GLDM) | 4.4% | 4.2% | |
| 2 | SPDR Gold Trust (GLD) | 3.6% | 3.4% | |
| 3 | CVS Health Corp (CVS) | 3.5% | 3.0% | |
| 4 | Merck & Co Inc (MRK) | 2.6% | 2.9% | |
| 5 | PNC Finl Svcs Group Inc (PNC) | 3.0% | 2.8% | |
| 6 | Johnson & Johnson (JNJ) | 2.8% | 2.7% | |
| 7 | Pfizer Inc (PFE) | 2.6% | 2.6% | |
| 8 | Texas Instrs Inc (TXN) | 2.7% | 2.5% | |
| 9 | Exxon Mobil Corp (XOM) | 2.3% | 2.5% | Entered the top 10 |
| 10 | Norfolk Southern Corp (NSC) | 2.4% | 2.5% | |
| — | Automatic Data Processing In (ADP) | 2.5% | 2.3% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).