Valley Forge Asset Management as of March 31, 2011
Portfolio Holdings for Valley Forge Asset Management
Valley Forge Asset Management holds 91 positions in its portfolio as reported in the March 2011 quarterly 13F filing
| Company (Ticker) | Portfolio Weight | Valued At | Change in Shares | Share Count | Share Price |
|---|---|---|---|---|---|
| Goldcorp | 4.6 | $71M | 1.4M | 49.80 | |
| Barrick Gold Corp (GOLD) | 4.4 | $67M | 1.3M | 51.91 | |
| Newmont Mining Corporation (NEM) | 4.0 | $61M | 1.1M | 54.58 | |
| Coca-Cola Company (KO) | 3.6 | $56M | 836k | 66.34 | |
| Archer Daniels Midland Company (ADM) | 3.5 | $54M | 1.5M | 36.01 | |
| At&t (T) | 3.5 | $53M | 1.7M | 30.61 | |
| Verizon Communications (VZ) | 3.2 | $49M | 1.3M | 38.54 | |
| Pfizer (PFE) | 3.2 | $49M | 2.4M | 20.31 | |
| Abbott Laboratories (ABT) | 3.1 | $48M | 979k | 49.05 | |
| Johnson & Johnson (JNJ) | 3.0 | $45M | 762k | 59.25 | |
| Central Fd Cda Ltd cl a | 2.9 | $44M | 2.0M | 22.37 | |
| Merck & Co (MRK) | 2.7 | $41M | 1.2M | 33.01 | |
| Pepsi (PEP) | 2.6 | $39M | 606k | 64.41 | |
| Procter & Gamble Company (PG) | 2.5 | $39M | 628k | 61.60 | |
| Bristol Myers Squibb (BMY) | 2.1 | $33M | 1.2M | 26.43 | |
| Waste Management (WM) | 2.1 | $32M | 845k | 37.34 | |
| 3M Company (MMM) | 2.0 | $31M | 330k | 93.50 | |
| Microsoft Corporation (MSFT) | 2.0 | $30M | 1.2M | 25.36 | |
| Intel Corporation (INTC) | 2.0 | $30M | 1.5M | 20.17 | |
| Exelon Corporation (EXC) | 1.9 | $30M | 717k | 41.24 | |
| Transcanada Corp | 1.9 | $29M | 721k | 40.53 | |
| Vodafone | 1.8 | $28M | 966k | 28.75 | |
| Nippon Telegraph & Telephone (NTTYY) | 1.8 | $27M | 1.2M | 22.49 | |
| China Mobile | 1.8 | $27M | 577k | 46.25 | |
| Colgate-Palmolive Company (CL) | 1.7 | $25M | 314k | 80.76 | |
| Exxon Mobil Corporation (XOM) | 1.6 | $25M | 294k | 84.13 | |
| Wal-Mart Stores (WMT) | 1.6 | $24M | 467k | 52.05 | |
| Kraft Foods | 1.6 | $24M | 761k | 31.36 | |
| Southwestern Energy Company (SWN) | 1.6 | $24M | 555k | 42.97 | |
| Kimberly-Clark Corporation (KMB) | 1.5 | $23M | 354k | 65.27 | |
| PNC Financial Services (PNC) | 1.5 | $22M | 353k | 62.99 | |
| Chevron Corporation (CVX) | 1.5 | $22M | 207k | 107.49 | |
| McDonald's Corporation (MCD) | 1.3 | $20M | 262k | 76.09 | |
| Automatic Data Processing (ADP) | 1.3 | $20M | 386k | 51.31 | |
| Deere & Company (DE) | 1.3 | $20M | 202k | 96.89 | |
| General Electric Company | 1.3 | $19M | 958k | 20.05 | |
| Amazon (AMZN) | 1.3 | $19M | 107k | 180.13 | |
| CONSOL Energy | 1.3 | $19M | 358k | 53.63 | |
| Boeing Company (BA) | 1.2 | $19M | 254k | 73.93 | |
| Duke Energy Corporation | 1.2 | $19M | 1.0M | 18.15 | |
| Tyson Foods (TSN) | 1.2 | $19M | 963k | 19.19 | |
| Oracle Corporation (ORCL) | 1.1 | $17M | 518k | 33.37 | |
| iShares MSCI Japan Index | 1.0 | $16M | 1.5M | 10.31 | |
| ConocoPhillips (COP) | 0.9 | $14M | 177k | 79.86 | |
| Cameco Corporation (CCJ) | 0.9 | $13M | 437k | 30.04 | |
| Gold Fields (GFI) | 0.8 | $12M | 667k | 17.46 | |
| Shaw | 0.8 | $12M | 327k | 35.41 | |
| Travelers Companies (TRV) | 0.7 | $11M | 184k | 59.48 | |
| McCormick & Company, Incorporated (MKC) | 0.5 | $8.3M | 173k | 47.83 | |
| Allegheny Technologies Incorporated (ATI) | 0.5 | $6.8M | 101k | 67.72 | |
| SPDR Gold Trust (GLD) | 0.3 | $5.0M | 36k | 139.87 | |
| Royal Gold (RGLD) | 0.3 | $4.2M | 81k | 52.41 | |
| Market Vectors Gold Miners ETF | 0.3 | $4.2M | 70k | 60.10 | |
| Philip Morris International (PM) | 0.3 | $3.9M | 60k | 65.63 | |
| Spdr S&p 500 Etf (SPY) | 0.2 | $3.8M | 29k | 132.57 | |
| PowerShares S&P SllCp Egy Ptflio | 0.1 | $2.1M | 50k | 41.95 | |
| Royal Dutch Shell | 0.1 | $1.7M | 23k | 73.26 | |
| Rydex S&P Equal Weight ETF | 0.1 | $1.7M | 33k | 50.45 | |
| Vanguard Telecommunication Services ETF (VOX) | 0.1 | $1.4M | 21k | 68.55 | |
| Japan Smaller Capitalizaion Fund (JOF) | 0.1 | $1.3M | 146k | 9.11 | |
| Goldman Sachs Group Inc sp enhcmd37etn (GSCE) | 0.1 | $1.3M | 23k | 55.53 | |
| Royal Dutch Shell | 0.1 | $959k | 13k | 72.86 | |
| Vanguard Dividend Appreciation ETF (VIG) | 0.1 | $928k | 17k | 55.52 | |
| Emerson Electric (EMR) | 0.1 | $745k | 13k | 58.47 | |
| Kinder Morgan Energy Partners | 0.1 | $733k | 9.9k | 74.10 | |
| GREENHAVEN Continuous Commodity Indx Fnd | 0.1 | $718k | 20k | 35.24 | |
| Altria (MO) | 0.0 | $583k | 22k | 26.02 | |
| iShares Gold Trust | 0.0 | $653k | 47k | 14.01 | |
| iShares Dow Jones Select Dividend (DVY) | 0.0 | $589k | 11k | 52.12 | |
| iShares S&P US Pref Stock Idx Fnd (PFF) | 0.0 | $686k | 17k | 39.68 | |
| Templeton Emerging Markets (EMF) | 0.0 | $614k | 26k | 23.44 | |
| Dominion Resources (D) | 0.0 | $395k | 8.8k | 44.75 | |
| Union Pacific Corporation (UNP) | 0.0 | $456k | 4.6k | 98.28 | |
| Japan Equity Fund | 0.0 | $503k | 82k | 6.17 | |
| Petroleum & Resources Corporation | 0.0 | $383k | 13k | 30.65 | |
| Novartis (NVS) | 0.0 | $283k | 5.2k | 54.42 | |
| Apple (AAPL) | 0.0 | $261k | 750.00 | 348.00 | |
| SBA Communications Corporation | 0.0 | $333k | 8.4k | 39.70 | |
| Pan American Silver Corp Can (PAAS) | 0.0 | $342k | 9.2k | 37.11 | |
| SPDR S&P MidCap 400 ETF (MDY) | 0.0 | $331k | 1.8k | 179.40 | |
| American Wtr Wks | 0.0 | $233k | 8.3k | 28.07 | |
| WisdomTree Dreyfus Chinese Yuan | 0.0 | $243k | 9.6k | 25.31 | |
| Tyco International Ltd S hs | 0.0 | $226k | 5.0k | 44.76 | |
| Clorox Company (CLX) | 0.0 | $208k | 3.0k | 69.92 | |
| First Niagara Financial | 0.0 | $170k | 13k | 13.60 | |
| Magellan Midstream Partners | 0.0 | $219k | 3.7k | 59.86 | |
| Piedmont Office Realty Trust (PDM) | 0.0 | $210k | 11k | 19.46 | |
| Centurion Gold Holdings | 0.0 | $0 | 40k | 0.00 | |
| Legend International Holdings (LGDI) | 0.0 | $7.0k | 10k | 0.70 | |
| Skinny Nutritional | 0.0 | $1.0k | 13k | 0.08 | |
| Americ Int Gr Frac Warrant | 0.0 | $0 | 95k | 0.00 |
