SEC 13F Intelligence

Managers / Q3 2023 · view latest →

Founders Capital Management

CIK 0001704300 · 4400 POST OAK PARKWAY, STE 2530, HOUSTON, TX, 77027 · 7138771188

Reported Value
$131M
Q3 2023
Positions
402
Filings on Record
29
2019–present window
Filed
Oct 10, 2023
original filing

Summary

Founders Capital Management reported $131M in U.S.-listed holdings across 402 positions for Q3 2023.

Its largest position, NDQ, represents 8.6% of the portfolio.

Compared with Q2 2023, the fund opened 42 new positions and exited 35.

Portfolio Metrics

Turnover
+5.3%
vs prior filed quarter
Top-10 Concentration
+49.4%
share of reported value
Largest Position
+8.6%
Invesco Qqq Tr
New / Exited
42 / 35
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $94MQ4 ’18Q1 ’19: $107MQ2 ’19: $113MQ3 ’19: $125MQ4 ’19: $132MQ4 ’19Q1 ’20: $96MQ4 ’20: $141MQ2 ’21: $153MQ3 ’21: $146MQ3 ’21Q4 ’21: $156MQ1 ’22: $156MQ2 ’22: $127MQ3 ’22: $123MQ3 ’22Q1 ’23: $130,771Q3 ’23: $131MQ4 ’23: $138MQ1 ’24: $148MQ1 ’24Q2 ’24: $154MQ3 ’24: $164MQ4 ’24: $158MQ1 ’25: $155MQ1 ’25Q2 ’25: $167MQ3 ’25: $189MQ4 ’25: $193MQ1 ’26: $205MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 79.4%ETP: 18.8%REIT: 0.7%Other: 0.4%ADR: 0.3%Other: 0.4%
  • Common Stock · 79.4% · $104M
  • ETP · 18.8% · $25M
  • REIT · 0.7% · $900,880
  • Other · 0.4% · $520,672
  • ADR · 0.3% · $344,413
  • Other · 0.4% · $561,346

Quarter-over-Quarter Changes full breakdown →

vs Q2 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
OKEONEOK INC NEWNEW+3.5K3.5K+$221,624$221,624
BRK/BBERKSHIRE HATHAWAY INC DELNEW+615615+$215,435$215,435
LULULULULEMON ATHLETICA INCNEW+100100+$38,561$38,561
MRNAMODERNA INCNEW+200200+$20,658$20,658
ISHARES TRNEW+266266+$15,385$15,385
LLYELI LILLY & CONEW+2525+$13,428$13,428
ASML HOLDING N VNEW+2222+$12,951$12,951
COFCAPITAL ONE FINL CORPNEW+132132+$12,811$12,811

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q3 2023

48 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1NDQINVESCO QQQ TRhistory →UNIT SER 18.57%$11M31.3K
2MSFTMICROSOFT CORPhistory →COM6.58%$9M27.3K
3AAPLAPPLE INChistory →COM5.92%$8M45.3K
4EXMOCEXXON MOBIL CORPhistory →COM5.21%$7M58.0K
5CHVCHEVRON CORP NEWhistory →COM4.71%$6M36.6K
6JPMJPMORGAN CHASE & COhistory →COM4.10%$5M37.0K
7ABBVABBVIE INChistory →COM3.89%$5M34.1K
8MRKMERCK & CO INChistory →COM3.60%$5M45.7K
9EMREMERSON ELEC COhistory →COM3.48%$5M47.1K
10SPDR S&P 500 ETF TRTR UNIT3.32%$4M10.2K
11RTXRTX CORPORATIONhistory →COM3.14%$4M57.1K
12LMTLOCKHEED MARTIN CORPhistory →COM3.12%$4M10.0K
13APDAIR PRODS & CHEMS INChistory →COM3.01%$4M13.9K
14BABOEING COhistory →COM2.80%$4M19.2K
15SPDR SER TRPRTFLO S&P500 GW2.70%$4M59.6K
16GLWCORNING INChistory →COM2.54%$3M109.1K
17JNJJOHNSON & JOHNSONhistory →COM2.27%$3M19.1K
18MCDMCDONALDS CORPhistory →COM2.25%$3M11.2K
19SLBSCHLUMBERGER LTDhistory →COM STK1.99%$3M44.7K
20ADBEADOBE INChistory →COM1.99%$3M5.1K
21LOWLOWES COS INChistory →COM1.80%$2M11.3K
22NOCNORTHROP GRUMMAN CORPhistory →COM1.71%$2M5.1K
23HDHOME DEPOT INChistory →COM1.70%$2M7.4K
24PFEPFIZER INChistory →COM1.52%$2M59.9K
25PEPPEPSICO INChistory →COM1.30%$2M10.1K
26GOOGALPHABET INCCAP STK CL C · CAP STK CL A1.25%$2M12.4K
27KOCOCA COLA COCOM0.72%$948,20816.9K
28GLOBAL X FDSLITHIUM BTRY ETF0.60%$787,66214.3K
29CMCSACOMCAST CORP NEWCL A0.47%$619,55914.0K
30ISHARES TRTIPS BD ETF · S&P 500 VAL ETF0.35%$462,4723.8K
31AMZNAMAZON COM INCCOM0.34%$446,7003.5K
32DVNDEVON ENERGY CORP NEWCOM0.34%$440,6099.2K
33VLOVALERO ENERGY CORPCOM0.28%$372,6972.6K
34INVESCO EXCHANGE TRADED FD TS&P500 EQL WGT0.28%$371,1452.6K
35UPSUNITED PARCEL SERVICE INCCL B0.28%$362,3982.3K
36SPDR DOW JONES INDL AVERAGEUT SER 10.27%$347,1591.0K
37PGPROCTER AND GAMBLE COCOM0.26%$345,9612.4K
38TXNTEXAS INSTRS INCCOM0.24%$318,0202.0K
39MAMASTERCARD INCORPORATEDCL A0.23%$298,912755
40EPDENTERPRISE PRODS PARTNERS LCOM0.23%$298,86310.9K
41WFCWELLS FARGO CO NEWCOM0.21%$280,4586.9K
42PSAPUBLIC STORAGECOM0.20%$259,831986
43ORCLORACLE CORPCOM0.20%$258,7632.4K
44COSTCOSTCO WHSL CORP NEWCOM0.19%$254,232450
45OKEONEOK INC NEWCOM0.17%$221,6243.5K
46BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.16%$215,435615
47SCHWSCHWAB CHARLES CORPCOM0.15%$202,0323.7K
48UNHUNITEDHEALTH GROUP INCCOM0.15%$193,214383

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$205M390Apr 21, 202613F-HRchanges · EDGAR ↗
Q4 2025$193M407Jan 15, 202613F-HRchanges · EDGAR ↗
Q3 2025$189M396Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$167M383Jul 18, 202513F-HRchanges · EDGAR ↗
Q1 2025$155M370Apr 8, 202513F-HRchanges · EDGAR ↗
Q4 2024$158M368Jan 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$164M376Oct 7, 202413F-HRchanges · EDGAR ↗
Q2 2024$154M370Jul 10, 202413F-HRchanges · EDGAR ↗
Q1 2024$148M356Apr 10, 202413F-HRchanges · EDGAR ↗
Q4 2023$138M381Jan 8, 202413F-HRchanges · EDGAR ↗
Q3 2023$131M402Oct 10, 202313F-HRchanges · EDGAR ↗
Q2 2023Under review395Jul 7, 202313F-HRchanges · EDGAR ↗
Q1 2023$130,771401Apr 12, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review391Jan 9, 202313F-HRchanges · EDGAR ↗
Q3 2022$123M397Oct 6, 202213F-HRchanges · EDGAR ↗
Q2 2022$127M403Jul 20, 202213F-HRchanges · EDGAR ↗
Q1 2022$156M317Apr 7, 202213F-HRchanges · EDGAR ↗
Q4 2021$156M317Jan 21, 202213F-HRchanges · EDGAR ↗
Q3 2021$146M313Oct 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$153M309Jul 15, 202113F-HRchanges · EDGAR ↗
Q4 2020$141M333Jan 12, 202113F-HRchanges · EDGAR ↗
Q1 2020$96M333Apr 22, 202013F-HRchanges · EDGAR ↗
Q4 2019$132M317Jan 24, 202013F-HRchanges · EDGAR ↗
Q3 2019$125M333Oct 10, 201913F-HRchanges · EDGAR ↗
Q2 2019$113M333Jul 11, 201913F-HRchanges · EDGAR ↗
Q1 2019$107M327Apr 17, 201913F-HRchanges · EDGAR ↗
Q4 2018$94M344Jan 14, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.