Valley Forge Asset Management as of March 31, 2012
Portfolio Holdings for Valley Forge Asset Management
Valley Forge Asset Management holds 90 positions in its portfolio as reported in the March 2012 quarterly 13F filing
| Company (Ticker) | Portfolio Weight | Valued At | Change in Shares | Share Count | Share Price |
|---|---|---|---|---|---|
| Pfizer (PFE) | 3.8 | $65M | 2.9M | 22.65 | |
| Goldcorp | 3.7 | $65M | 1.4M | 45.06 | |
| At&t (T) | 3.5 | $61M | 2.0M | 31.23 | |
| Newmont Mining Corporation (NEM) | 3.5 | $61M | 1.2M | 51.27 | |
| Verizon Communications (VZ) | 3.5 | $60M | 1.6M | 38.23 | |
| Johnson & Johnson (JNJ) | 3.5 | $60M | 904k | 65.96 | |
| Barrick Gold Corp (GOLD) | 3.3 | $58M | 1.3M | 43.48 | |
| Abbott Laboratories (ABT) | 3.3 | $56M | 920k | 61.29 | |
| Pepsi (PEP) | 3.2 | $55M | 824k | 66.35 | |
| Bristol Myers Squibb (BMY) | 3.1 | $55M | 1.6M | 33.75 | |
| Merck & Co (MRK) | 3.1 | $53M | 1.4M | 38.40 | |
| Archer Daniels Midland Company (ADM) | 2.9 | $50M | 1.6M | 31.66 | |
| Waste Management (WM) | 2.9 | $49M | 1.4M | 34.96 | |
| Microsoft Corporation (MSFT) | 2.6 | $46M | 1.4M | 32.26 | |
| Transcanada Corp | 2.5 | $44M | 1.0M | 43.00 | |
| General Electric Company | 2.4 | $42M | 2.1M | 20.07 | |
| Wal-Mart Stores (WMT) | 2.4 | $42M | 685k | 61.20 | |
| Procter & Gamble Company (PG) | 2.2 | $39M | 574k | 67.21 | |
| Central Fd Cda Ltd cl a | 2.2 | $37M | 1.7M | 21.94 | |
| Vodafone | 2.1 | $36M | 1.3M | 27.67 | |
| Intel Corporation (INTC) | 2.0 | $35M | 1.2M | 28.11 | |
| Coca-Cola Company (KO) | 1.9 | $33M | 444k | 74.01 | |
| Kraft Foods | 1.9 | $32M | 844k | 38.01 | |
| Walt Disney Company (DIS) | 1.8 | $32M | 720k | 43.78 | |
| Exxon Mobil Corporation (XOM) | 1.8 | $31M | 359k | 86.73 | |
| Colgate-Palmolive Company (CL) | 1.8 | $31M | 318k | 97.78 | |
| Paychex (PAYX) | 1.7 | $30M | 961k | 30.99 | |
| Exelon Corporation (EXC) | 1.7 | $30M | 752k | 39.21 | |
| Automatic Data Processing (ADP) | 1.7 | $29M | 532k | 55.19 | |
| 3M Company (MMM) | 1.7 | $29M | 324k | 89.21 | |
| Cisco Systems (CSCO) | 1.6 | $28M | 1.3M | 21.15 | |
| China Mobile | 1.6 | $27M | 490k | 55.08 | |
| Travelers Companies (TRV) | 1.5 | $27M | 448k | 59.20 | |
| Kimberly-Clark Corporation (KMB) | 1.5 | $26M | 354k | 73.89 | |
| Eli Lilly & Co. (LLY) | 1.4 | $24M | 603k | 40.26 | |
| Walgreen Company | 1.3 | $23M | 693k | 33.49 | |
| Clorox Company (CLX) | 1.3 | $23M | 337k | 68.75 | |
| SYSCO Corporation (SYY) | 1.3 | $23M | 767k | 29.86 | |
| Emerson Electric (EMR) | 1.3 | $23M | 431k | 52.18 | |
| Thomson Reuters Corp | 1.2 | $22M | 745k | 28.90 | |
| People's United Financial | 1.2 | $21M | 1.6M | 13.23 | |
| E.I. du Pont de Nemours & Company | 1.1 | $18M | 344k | 52.90 | |
| Yamana Gold | 0.9 | $16M | 990k | 15.62 | |
| Deere & Company (DE) | 0.8 | $13M | 160k | 80.90 | |
| McCormick & Company, Incorporated (MKC) | 0.6 | $11M | 194k | 54.43 | |
| iShares MSCI Japan Index | 0.4 | $7.5M | 741k | 10.18 | |
| WisdomTree Emerging Markets Eq (DEM) | 0.4 | $7.0M | 122k | 57.61 | |
| SPDR Gold Trust (GLD) | 0.4 | $6.7M | 42k | 162.12 | |
| GlaxoSmithKline | 0.3 | $5.2M | 116k | 44.91 | |
| Philip Morris International (PM) | 0.3 | $5.1M | 57k | 88.61 | |
| Market Vectors Gold Miners ETF | 0.2 | $3.7M | 75k | 49.53 | |
| Spdr S&p 500 Etf (SPY) | 0.2 | $3.5M | 25k | 140.80 | |
| iShares Gold Trust | 0.1 | $2.1M | 132k | 16.27 | |
| iShares Dow Jones Select Dividend (DVY) | 0.1 | $2.0M | 36k | 55.97 | |
| Altria (MO) | 0.1 | $1.6M | 51k | 30.87 | |
| Royal Dutch Shell | 0.1 | $1.5M | 22k | 70.62 | |
| Royal Gold (RGLD) | 0.1 | $1.5M | 24k | 65.23 | |
| Rydex S&P Equal Weight ETF | 0.1 | $1.5M | 29k | 51.86 | |
| Vanguard Utilities ETF (VPU) | 0.1 | $1.5M | 20k | 74.84 | |
| Ishares High Dividend Equity F (HDV) | 0.1 | $1.4M | 25k | 57.13 | |
| Vanguard Dividend Appreciation ETF (VIG) | 0.1 | $1.2M | 20k | 58.57 | |
| Dominion Resources (D) | 0.1 | $831k | 16k | 51.22 | |
| Apple (AAPL) | 0.1 | $781k | 1.3k | 599.39 | |
| Royal Dutch Shell | 0.0 | $697k | 9.9k | 70.16 | |
| Kinder Morgan Energy Partners | 0.0 | $761k | 9.2k | 82.78 | |
| Japan Smaller Capitalizaion Fund (JOF) | 0.0 | $755k | 97k | 7.83 | |
| Berkshire Hathaway (BRK.B) | 0.0 | $284k | 3.5k | 81.14 | |
| McDonald's Corporation (MCD) | 0.0 | $418k | 4.3k | 98.15 | |
| Chevron Corporation (CVX) | 0.0 | $290k | 2.7k | 107.17 | |
| Novartis (NVS) | 0.0 | $266k | 4.8k | 55.42 | |
| ConocoPhillips (COP) | 0.0 | $310k | 4.1k | 75.96 | |
| International Business Machines (IBM) | 0.0 | $382k | 1.8k | 208.86 | |
| UnitedHealth (UNH) | 0.0 | $372k | 6.3k | 58.95 | |
| SBA Communications Corporation | 0.0 | $426k | 8.4k | 50.79 | |
| Market Vectors Junior Gold Miners ETF | 0.0 | $300k | 12k | 24.59 | |
| SPDR S&P MidCap 400 ETF (MDY) | 0.0 | $333k | 1.8k | 180.49 | |
| American Wtr Wks | 0.0 | $282k | 8.3k | 33.98 | |
| Templeton Emerging Markets (EMF) | 0.0 | $409k | 21k | 19.57 | |
| Petroleum & Resources Corporation | 0.0 | $296k | 11k | 26.01 | |
| Teva Pharmaceutical Industries (TEVA) | 0.0 | $252k | 5.6k | 44.99 | |
| Boeing Company (BA) | 0.0 | $234k | 3.2k | 74.29 | |
| Qualcomm (QCOM) | 0.0 | $252k | 3.7k | 68.02 | |
| Southwestern Energy Company | 0.0 | $241k | 7.9k | 30.60 | |
| Magellan Midstream Partners | 0.0 | $250k | 3.5k | 72.29 | |
| Piedmont Office Realty Trust (PDM) | 0.0 | $192k | 11k | 17.79 | |
| Japan Equity Fund | 0.0 | $208k | 37k | 5.68 | |
| Sprott Physical Gold Trust (PHYS) | 0.0 | $173k | 12k | 14.42 | |
| Legend International Holdings (LGDI) | 0.0 | $1.0k | 10k | 0.10 | |
| Americ Int Gr Frac Warrant | 0.0 | $0 | 95k | 0.00 | |
| Advanta Corp. | 0.0 | $0 | 10k | 0.00 |
