Valley Forge Asset Management as of Dec. 31, 2014
Portfolio Holdings for Valley Forge Asset Management
Valley Forge Asset Management holds 99 positions in its portfolio as reported in the December 2014 quarterly 13F filing
| Company (Ticker) | Portfolio Weight | Valued At | Change in Shares | Share Count | Share Price |
|---|---|---|---|---|---|
| Microsoft Corporation (MSFT) | 3.2 | $27M | 581k | 46.45 | |
| Intel Corporation (INTC) | 3.2 | $27M | 739k | 36.29 | |
| Cisco Systems (CSCO) | 2.9 | $25M | 880k | 27.82 | |
| General Electric Company | 2.8 | $24M | 932k | 25.27 | |
| Pfizer (PFE) | 2.6 | $22M | 699k | 31.15 | |
| Waste Management (WM) | 2.6 | $22M | 422k | 51.32 | |
| Procter & Gamble Company (PG) | 2.5 | $22M | 236k | 91.09 | |
| Bank of America Corporation (BAC) | 2.4 | $20M | 1.1M | 17.89 | |
| CSX Corporation (CSX) | 2.4 | $20M | 549k | 36.23 | |
| Johnson & Johnson (JNJ) | 2.3 | $19M | 186k | 104.57 | |
| SYSCO Corporation (SYY) | 2.1 | $18M | 456k | 39.69 | |
| Wal-Mart Stores (WMT) | 2.1 | $18M | 209k | 85.88 | |
| Travelers Companies (TRV) | 2.1 | $17M | 164k | 105.85 | |
| E.I. du Pont de Nemours & Company | 2.0 | $17M | 234k | 73.94 | |
| Merck & Co (MRK) | 2.0 | $17M | 301k | 56.79 | |
| Transcanada Corp | 2.0 | $17M | 343k | 49.10 | |
| Verizon Communications (VZ) | 2.0 | $17M | 353k | 46.78 | |
| Wells Fargo & Company (WFC) | 1.9 | $16M | 294k | 54.82 | |
| International Paper Company (IP) | 1.9 | $16M | 300k | 53.58 | |
| EMC Corporation | 1.8 | $15M | 517k | 29.74 | |
| eBay (EBAY) | 1.8 | $15M | 272k | 56.12 | |
| Exxon Mobil Corporation (XOM) | 1.8 | $15M | 160k | 92.45 | |
| PNC Financial Services (PNC) | 1.7 | $15M | 159k | 91.23 | |
| Thomson Reuters Corp | 1.7 | $15M | 360k | 40.34 | |
| American Express Company (AXP) | 1.7 | $15M | 156k | 93.04 | |
| At&t (T) | 1.7 | $14M | 425k | 33.59 | |
| Eaton (ETN) | 1.7 | $14M | 210k | 67.96 | |
| Abbott Laboratories (ABT) | 1.7 | $14M | 312k | 45.02 | |
| Oracle Corporation (ORCL) | 1.7 | $14M | 311k | 44.97 | |
| Apple (AAPL) | 1.6 | $14M | 124k | 110.38 | |
| Texas Instruments Incorporated (TXN) | 1.6 | $14M | 254k | 53.47 | |
| Phillips 66 (PSX) | 1.6 | $13M | 183k | 71.70 | |
| Fluor Corporation (FLR) | 1.5 | $13M | 212k | 60.63 | |
| Pepsi (PEP) | 1.5 | $12M | 132k | 94.56 | |
| Boeing Company (BA) | 1.4 | $12M | 92k | 129.98 | |
| Emerson Electric (EMR) | 1.4 | $12M | 195k | 61.73 | |
| Vodafone Group New Adr F (VOD) | 1.4 | $12M | 346k | 34.17 | |
| Vanguard Emerging Markets ETF (VWO) | 1.4 | $12M | 293k | 40.02 | |
| McDonald's Corporation (MCD) | 1.4 | $12M | 123k | 93.70 | |
| United Parcel Service (UPS) | 1.4 | $12M | 104k | 111.17 | |
| UnitedHealth (UNH) | 1.4 | $12M | 114k | 101.09 | |
| Stryker Corporation (SYK) | 1.3 | $11M | 116k | 94.33 | |
| Paychex (PAYX) | 1.3 | $11M | 236k | 46.17 | |
| ConocoPhillips (COP) | 1.3 | $11M | 155k | 69.06 | |
| Express Scripts Holding | 1.3 | $11M | 126k | 84.67 | |
| Comcast Corporation (CMCSA) | 1.2 | $11M | 182k | 58.01 | |
| Annaly Capital Management | 1.2 | $10M | 936k | 10.81 | |
| Cummins (CMI) | 1.2 | $10M | 69k | 144.17 | |
| Coca-Cola Company (KO) | 1.1 | $9.6M | 227k | 42.22 | |
| Microchip Technology (MCHP) | 1.1 | $9.5M | 211k | 45.11 | |
| Via | 1.1 | $9.3M | 124k | 75.25 | |
| Google Inc Class C | 1.0 | $8.4M | 16k | 526.43 | |
| Berkshire Hathaway (BRK.B) | 1.0 | $8.2M | 55k | 150.15 | |
| iShares MSCI Japan Index | 0.9 | $7.8M | 690k | 11.24 | |
| Dow Chemical Company | 0.6 | $5.1M | 113k | 45.61 | |
| Kimberly-Clark Corporation (KMB) | 0.6 | $4.8M | 41k | 115.53 | |
| Central Fd Cda Ltd cl a | 0.4 | $3.5M | 304k | 11.58 | |
| iShares Dow Jones Select Dividend (DVY) | 0.4 | $3.5M | 44k | 79.40 | |
| Eastman Chemical Company (EMN) | 0.4 | $3.0M | 40k | 75.85 | |
| Spdr S&p 500 Etf (SPY) | 0.3 | $2.9M | 14k | 205.58 | |
| Rydex S&P Equal Weight ETF | 0.3 | $2.6M | 33k | 80.05 | |
| Vanguard S&p 500 Etf idx (VOO) | 0.3 | $2.4M | 13k | 188.41 | |
| Ishares High Dividend Equity F (HDV) | 0.2 | $1.9M | 24k | 76.54 | |
| Royal Dutch Shell | 0.1 | $1.3M | 18k | 69.58 | |
| U.S. Bancorp (USB) | 0.1 | $1.1M | 24k | 44.96 | |
| SBA Communications Corporation | 0.1 | $929k | 8.4k | 110.75 | |
| Bristol Myers Squibb (BMY) | 0.1 | $772k | 13k | 59.02 | |
| Altria (MO) | 0.1 | $713k | 15k | 49.27 | |
| McCormick & Company, Incorporated (MKC) | 0.1 | $702k | 9.5k | 74.29 | |
| Philip Morris International (PM) | 0.1 | $596k | 7.3k | 81.49 | |
| TrustCo Bank Corp NY | 0.1 | $563k | 78k | 7.26 | |
| PowerShares QQQ Trust, Series 1 | 0.1 | $550k | 5.3k | 103.27 | |
| GlaxoSmithKline | 0.1 | $483k | 11k | 42.72 | |
| SPDR Gold Trust (GLD) | 0.1 | $545k | 4.8k | 113.66 | |
| Thermo Fisher Scientific (TMO) | 0.1 | $439k | 3.5k | 125.43 | |
| Royal Dutch Shell | 0.1 | $391k | 5.8k | 66.96 | |
| Unilever | 0.1 | $383k | 9.8k | 39.02 | |
| Vanguard FTSE All-World ex-US ETF (VEU) | 0.1 | $451k | 9.6k | 46.89 | |
| iShares MSCI Emerging Markets Indx (EEM) | 0.0 | $301k | 7.7k | 39.30 | |
| Home Depot (HD) | 0.0 | $379k | 3.6k | 105.10 | |
| Masco Corporation (MAS) | 0.0 | $378k | 15k | 25.20 | |
| Goldcorp | 0.0 | $299k | 16k | 18.51 | |
| SPDR S&P MidCap 400 ETF (MDY) | 0.0 | $317k | 1.2k | 264.17 | |
| 3M Company (MMM) | 0.0 | $274k | 1.7k | 164.07 | |
| ConAgra Foods (CAG) | 0.0 | $236k | 6.5k | 36.31 | |
| iShares Gold Trust | 0.0 | $249k | 22k | 11.44 | |
| Japan Smaller Capitalizaion Fund (JOF) | 0.0 | $271k | 30k | 8.96 | |
| Templeton Emerging Markets (EMF) | 0.0 | $246k | 16k | 15.40 | |
| Kinder Morgan (KMI) | 0.0 | $262k | 6.2k | 42.28 | |
| iShares S&P 500 Index (IVV) | 0.0 | $207k | 1.0k | 207.00 | |
| PPL Corporation (PPL) | 0.0 | $210k | 5.8k | 36.36 | |
| Constellation Brands (STZ) | 0.0 | $206k | 2.1k | 98.10 | |
| Piedmont Natural Gas Company | 0.0 | $173k | 4.4k | 39.32 | |
| Sprott Physical Gold Trust (PHYS) | 0.0 | $181k | 19k | 9.78 | |
| Japan Equity Fund ietf (JEQ) | 0.0 | $177k | 26k | 6.78 | |
| Yamana Gold | 0.0 | $45k | 11k | 4.05 | |
| Sea Containers (SEAOF) | 0.0 | $0 | 51k | 0.00 | |
| Silverado Gold Mines | 0.0 | $0 | 10k | 0.00 | |
| Advanta Corp. | 0.0 | $0 | 10k | 0.00 |
