Valley Forge Asset Management

Valley Forge Asset Management as of Dec. 31, 2012

Portfolio Holdings for Valley Forge Asset Management

Valley Forge Asset Management holds 91 positions in its portfolio as reported in the December 2012 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Pfizer (PFE) 4.3 $69M 2.7M 25.08
Newmont Mining Corporation (NEM) 3.6 $59M 1.3M 46.44
Goldcorp 3.5 $57M 1.6M 36.70
At&t (T) 3.2 $52M 1.6M 33.71
Bristol Myers Squibb (BMY) 3.2 $52M 1.6M 32.59
Waste Management (WM) 3.0 $48M 1.4M 33.74
Procter & Gamble Company (PG) 3.0 $48M 707k 67.89
Barrick Gold Corp (GOLD) 2.9 $47M 1.4M 35.01
Verizon Communications (VZ) 2.9 $47M 1.1M 43.27
Johnson & Johnson (JNJ) 2.9 $47M 664k 70.10
Coca-Cola Company (KO) 2.7 $44M 1.2M 36.25
General Electric Company 2.5 $40M 1.9M 20.99
Cisco Systems (CSCO) 2.4 $39M 2.0M 19.65
Wells Fargo & Company (WFC) 2.3 $37M 1.1M 34.18
Paychex (PAYX) 2.3 $37M 1.2M 31.10
Pepsi (PEP) 2.3 $37M 537k 68.43
Intel Corporation (INTC) 2.3 $37M 1.8M 20.62
Clorox Company (CLX) 2.2 $35M 483k 73.22
Transcanada Corp 2.1 $35M 733k 47.32
SYSCO Corporation (SYY) 2.1 $34M 1.1M 31.66
Central Fd Cda Ltd cl a 2.1 $34M 1.6M 21.03
Merck & Co (MRK) 2.1 $34M 827k 40.94
Vodafone 1.9 $31M 1.2M 25.19
Kinder Morgan (KMI) 1.9 $31M 866k 35.33
Microsoft Corporation (MSFT) 1.9 $30M 1.1M 26.71
Automatic Data Processing (ADP) 1.8 $30M 520k 56.93
E.I. du Pont de Nemours & Company 1.8 $30M 662k 44.98
Chevron Corporation (CVX) 1.7 $27M 247k 108.14
Emerson Electric (EMR) 1.6 $27M 502k 52.96
Yamana Gold 1.5 $25M 1.4M 17.21
Thomson Reuters Corp 1.5 $24M 830k 29.06
Walgreen Company 1.5 $24M 641k 37.01
Colgate-Palmolive Company (CL) 1.4 $23M 223k 104.54
Exxon Mobil Corporation (XOM) 1.4 $22M 254k 86.55
Kimberly-Clark Corporation (KMB) 1.4 $22M 259k 84.43
Becton, Dickinson and (BDX) 1.3 $21M 267k 78.19
People's United Financial 1.3 $21M 1.7M 12.09
Travelers Companies (TRV) 1.3 $20M 285k 71.82
Ca 1.3 $21M 932k 21.98
JPMorgan Chase & Co. (JPM) 1.2 $20M 453k 43.97
Deere & Company (DE) 1.2 $20M 230k 86.42
GlaxoSmithKline 1.2 $20M 458k 43.47
EMC Corporation 1.2 $20M 786k 25.30
3M Company (MMM) 1.2 $19M 203k 92.85
Wal-Mart Stores (WMT) 1.2 $19M 273k 68.23
Abbott Laboratories (ABT) 1.0 $16M 249k 65.50
Walt Disney Company (DIS) 0.9 $15M 302k 49.79
McCormick & Company, Incorporated (MKC) 0.6 $10M 160k 63.53
iShares FTSE/Xinhua China 25 Index (FXI) 0.5 $8.3M 206k 40.45
SPDR Gold Trust (GLD) 0.5 $7.8M 48k 162.01
iShares MSCI Japan Index 0.4 $7.1M 729k 9.75
Market Vectors Gold Miners ETF 0.2 $3.9M 84k 46.39
Spdr S&p 500 Etf (SPY) 0.2 $3.6M 26k 142.39
Philip Morris International (PM) 0.2 $3.6M 44k 83.63
iShares Gold Trust 0.2 $3.4M 211k 16.28
iShares Dow Jones Select Dividend (DVY) 0.1 $2.4M 42k 57.25
Royal Gold (RGLD) 0.1 $2.0M 25k 81.35
Altria (MO) 0.1 $1.6M 51k 31.43
Ishares High Dividend Equity F (HDV) 0.1 $1.6M 28k 58.77
Royal Dutch Shell 0.1 $1.4M 20k 70.87
Rydex S&P Equal Weight ETF 0.1 $1.5M 27k 53.31
Global X Etf equity 0.1 $1.2M 53k 22.10
Dominion Resources (D) 0.1 $800k 16k 51.77
American Water Works (AWK) 0.1 $793k 21k 37.11
Novartis (NVS) 0.0 $664k 11k 63.22
Apple (AAPL) 0.0 $682k 1.3k 531.98
Unilever 0.0 $685k 18k 38.29
SBA Communications Corporation 0.0 $595k 8.4k 70.93
Vanguard Telecommunication Services ETF (VOX) 0.0 $567k 8.1k 69.96
Japan Smaller Capitalizaion Fund (JOF) 0.0 $619k 86k 7.20
Via 0.0 $442k 8.4k 52.78
Diageo (DEO) 0.0 $541k 4.6k 116.59
Royal Dutch Shell 0.0 $495k 7.2k 68.99
Market Vectors Junior Gold Miners ETF 0.0 $410k 21k 19.78
Vanguard REIT ETF (VNQ) 0.0 $556k 8.5k 65.80
McDonald's Corporation (MCD) 0.0 $376k 4.3k 88.28
UnitedHealth (UNH) 0.0 $277k 5.1k 54.21
Kellogg Company (K) 0.0 $251k 4.5k 55.76
Google 0.0 $354k 500.00 708.00
SPDR S&P MidCap 400 ETF (MDY) 0.0 $315k 1.7k 185.84
Vanguard Consumer Staples ETF (VDC) 0.0 $251k 2.9k 88.07
Templeton Emerging Markets (EMF) 0.0 $325k 16k 20.00
Petroleum & Resources Corporation 0.0 $260k 11k 23.94
Kinder Morgan Energy Partners 0.0 $241k 3.0k 79.67
Piedmont Office Realty Trust (PDM) 0.0 $195k 11k 18.07
Japan Equity Fund 0.0 $201k 36k 5.56
Sprott Physical Gold Trust (PHYS) 0.0 $213k 15k 14.20
SPDR S&P Dividend (SDY) 0.0 $26k 450.00 57.78
Sea Containers (SEAOF) 0.0 $3.0k 51k 0.06
Legend International Holdings (LGDI) 0.0 $1.0k 10k 0.10
Advanta Corp. 0.0 $0 10k 0.00