Valley Forge Asset Management as of Dec. 31, 2011
Portfolio Holdings for Valley Forge Asset Management
Valley Forge Asset Management holds 97 positions in its portfolio as reported in the December 2011 quarterly 13F filing
| Company (Ticker) | Portfolio Weight | Valued At | Change in Shares | Share Count | Share Price |
|---|---|---|---|---|---|
| Newmont Mining Corporation (NEM) | 4.2 | $68M | 1.1M | 60.01 | |
| Verizon Communications (VZ) | 3.9 | $63M | 1.6M | 40.12 | |
| Goldcorp | 3.8 | $62M | 1.4M | 44.25 | |
| Pfizer (PFE) | 3.8 | $62M | 2.9M | 21.64 | |
| Barrick Gold Corp (GOLD) | 3.6 | $59M | 1.3M | 45.25 | |
| At&t (T) | 3.6 | $59M | 1.9M | 30.24 | |
| Johnson & Johnson (JNJ) | 3.6 | $58M | 889k | 65.58 | |
| Bristol Myers Squibb (BMY) | 3.4 | $55M | 1.6M | 35.24 | |
| Pepsi (PEP) | 3.2 | $53M | 792k | 66.35 | |
| Abbott Laboratories (ABT) | 3.2 | $51M | 912k | 56.23 | |
| Merck & Co (MRK) | 3.1 | $51M | 1.4M | 37.70 | |
| Microsoft Corporation (MSFT) | 3.1 | $50M | 1.9M | 25.96 | |
| Procter & Gamble Company (PG) | 3.0 | $49M | 735k | 66.71 | |
| Waste Management (WM) | 2.8 | $46M | 1.4M | 32.71 | |
| Archer Daniels Midland Company (ADM) | 2.8 | $45M | 1.6M | 28.60 | |
| Transcanada Corp | 2.7 | $44M | 1.0M | 43.67 | |
| Wal-Mart Stores (WMT) | 2.5 | $41M | 691k | 59.76 | |
| Coca-Cola Company (KO) | 2.4 | $39M | 560k | 69.97 | |
| Vodafone | 2.2 | $35M | 1.3M | 28.03 | |
| General Electric Company | 2.1 | $35M | 1.9M | 17.91 | |
| Exelon Corporation (EXC) | 2.1 | $35M | 803k | 43.37 | |
| Central Fd Cda Ltd cl a | 2.1 | $34M | 1.7M | 19.61 | |
| Kraft Foods | 2.0 | $32M | 856k | 37.36 | |
| Exxon Mobil Corporation (XOM) | 1.9 | $31M | 362k | 84.76 | |
| Intel Corporation (INTC) | 1.8 | $30M | 1.2M | 24.25 | |
| Colgate-Palmolive Company (CL) | 1.8 | $30M | 320k | 92.39 | |
| 3M Company (MMM) | 1.8 | $29M | 350k | 81.73 | |
| Paychex (PAYX) | 1.8 | $29M | 951k | 30.11 | |
| Automatic Data Processing (ADP) | 1.8 | $29M | 530k | 54.01 | |
| Walt Disney Company (DIS) | 1.7 | $27M | 730k | 37.50 | |
| Travelers Companies (TRV) | 1.6 | $27M | 449k | 59.17 | |
| Kimberly-Clark Corporation (KMB) | 1.6 | $26M | 351k | 73.56 | |
| Eli Lilly & Co. (LLY) | 1.5 | $24M | 587k | 41.56 | |
| Cisco Systems (CSCO) | 1.5 | $24M | 1.3M | 18.08 | |
| Deere & Company (DE) | 1.4 | $23M | 297k | 77.35 | |
| E.I. du Pont de Nemours & Company | 1.4 | $22M | 481k | 45.78 | |
| SYSCO Corporation (SYY) | 1.4 | $22M | 748k | 29.33 | |
| Yamana Gold | 1.4 | $22M | 1.5M | 14.69 | |
| China Mobile | 1.3 | $22M | 444k | 48.49 | |
| Clorox Company (CLX) | 1.3 | $21M | 314k | 66.56 | |
| McCormick & Company, Incorporated (MKC) | 0.6 | $9.8M | 194k | 50.42 | |
| iShares MSCI Japan Index | 0.4 | $6.9M | 761k | 9.11 | |
| SPDR Gold Trust (GLD) | 0.4 | $6.1M | 40k | 151.99 | |
| GlaxoSmithKline | 0.3 | $5.3M | 116k | 45.63 | |
| Philip Morris International (PM) | 0.3 | $4.4M | 57k | 78.47 | |
| Market Vectors Gold Miners ETF | 0.2 | $3.7M | 73k | 51.42 | |
| Spdr S&p 500 Etf (SPY) | 0.2 | $3.2M | 26k | 125.49 | |
| iShares Dow Jones Select Dividend (DVY) | 0.1 | $2.2M | 40k | 53.78 | |
| iShares Gold Trust | 0.1 | $2.0M | 133k | 15.23 | |
| Royal Dutch Shell | 0.1 | $1.7M | 22k | 76.02 | |
| Royal Gold (RGLD) | 0.1 | $1.6M | 24k | 67.45 | |
| Vanguard Utilities ETF (VPU) | 0.1 | $1.6M | 21k | 76.87 | |
| Altria (MO) | 0.1 | $1.5M | 51k | 29.65 | |
| Rydex S&P Equal Weight ETF | 0.1 | $1.4M | 30k | 46.27 | |
| Ishares High Dividend Equity F (HDV) | 0.1 | $1.4M | 25k | 55.51 | |
| Vanguard Dividend Appreciation ETF (VIG) | 0.1 | $1.0M | 18k | 54.63 | |
| Dominion Resources (D) | 0.1 | $861k | 16k | 53.07 | |
| Kinder Morgan Energy Partners | 0.1 | $800k | 9.4k | 84.95 | |
| Royal Dutch Shell | 0.0 | $725k | 9.9k | 73.06 | |
| Streettracks Gold Tr gold | 0.0 | $730k | 4.8k | 152.08 | |
| Japan Smaller Capitalizaion Fund (JOF) | 0.0 | $710k | 99k | 7.18 | |
| McDonald's Corporation (MCD) | 0.0 | $427k | 4.3k | 100.26 | |
| Apple (AAPL) | 0.0 | $497k | 1.2k | 404.39 | |
| Novartis (NVS) | 0.0 | $297k | 5.2k | 57.12 | |
| ConocoPhillips (COP) | 0.0 | $294k | 4.0k | 72.88 | |
| International Business Machines (IBM) | 0.0 | $286k | 1.6k | 184.04 | |
| UnitedHealth (UNH) | 0.0 | $367k | 7.2k | 50.68 | |
| 0.0 | $364k | 564.00 | 645.39 | ||
| SBA Communications Corporation | 0.0 | $360k | 8.4k | 42.92 | |
| Magellan Midstream Partners | 0.0 | $245k | 3.6k | 68.85 | |
| Market Vectors Junior Gold Miners ETF | 0.0 | $277k | 11k | 24.73 | |
| SPDR S&P MidCap 400 ETF (MDY) | 0.0 | $294k | 1.8k | 159.35 | |
| American Wtr Wks | 0.0 | $264k | 8.3k | 31.81 | |
| Templeton Emerging Markets (EMF) | 0.0 | $388k | 22k | 17.88 | |
| Petroleum & Resources Corporation | 0.0 | $285k | 12k | 24.46 | |
| People's United Financial | 0.0 | $185k | 14k | 12.85 | |
| Teva Pharmaceutical Industries (TEVA) | 0.0 | $214k | 5.3k | 40.37 | |
| Chevron Corporation (CVX) | 0.0 | $243k | 2.3k | 106.30 | |
| Bed Bath & Beyond | 0.0 | $232k | 4.0k | 58.00 | |
| Boeing Company (BA) | 0.0 | $224k | 3.1k | 73.44 | |
| Anadarko Petroleum Corporation | 0.0 | $103k | 1.4k | 76.24 | |
| Enterprise Products Partners (EPD) | 0.0 | $182k | 3.9k | 46.39 | |
| Piedmont Office Realty Trust (PDM) | 0.0 | $184k | 11k | 17.05 | |
| Japan Equity Fund | 0.0 | $185k | 37k | 5.00 | |
| Sprott Physical Gold Trust (PHYS) | 0.0 | $166k | 12k | 13.83 | |
| BP (BP) | 0.0 | $16k | 374.00 | 42.78 | |
| Home Depot (HD) | 0.0 | $25k | 589.00 | 42.44 | |
| Coach | 0.0 | $10k | 156.00 | 64.10 | |
| PPG Industries (PPG) | 0.0 | $44k | 530.00 | 83.02 | |
| Emerson Electric (EMR) | 0.0 | $24k | 506.00 | 47.43 | |
| Piedmont Natural Gas Company | 0.0 | $32k | 950.00 | 33.68 | |
| SPDR S&P Dividend (SDY) | 0.0 | $51k | 950.00 | 53.68 | |
| Vanguard Telecommunication Services ETF (VOX) | 0.0 | $49k | 790.00 | 62.03 | |
| Legend International Holdings (LGDI) | 0.0 | $1.0k | 10k | 0.10 | |
| Skinny Nutritional | 0.0 | $0 | 14k | 0.00 | |
| Americ Int Gr Frac Warrant | 0.0 | $0 | 95k | 0.00 | |
| Advanta Corp. | 0.0 | $0 | 10k | 0.00 |
