Welch & Forbes LLC
- SEC CIK
- 0000105495
- Latest filing
- Jul 30, 2026
Holdings in Q3 2022
Holdings as of Sep 30, 2022, filed Oct 31, 2022. Long positions only; changes compare share counts with Q2 2022.
- Positions
- 370
- −9 vs. Q2 2022
- Portfolio value
- $5.12B
- −$344.8M (−6.3%) vs. Q2 2022
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| AAPLApple Inc. | Stock | 1,855,566 | $256.4M | 5.0% | +12,626+0.7% | Added | History |
| MSFTMicrosoft Corp | Stock | 921,593 | $214.6M | 4.2% | +2,689+0.3% | Added | History |
| DHRDanaher Corp | Stock | 681,971 | $176.1M | 3.4% | −6,089−0.9% | Reduced | History |
| ORLYO Reilly Automotive Inc | Stock | 228,217 | $160.5M | 3.1% | −1,827−0.8% | Reduced | History |
| VVisa Inc. | Stock | 779,495 | $138.5M | 2.7% | −1,299−0.2% | Reduced | History |
| JNJJohnson & Johnson | Stock | 801,311 | $130.9M | 2.6% | −3,510−0.4% | Reduced | History |
| HDHome Depot, Inc. | Stock | 442,176 | $122.0M | 2.4% | −110.0% | Reduced | History |
| GOOGAlphabet Inc. | Stock | 1,196,817 | $115.1M | 2.2% | 00.0% | UnchangedConverted for a 20-for-1 split | History |
| SYKStryker Corp | Stock | 535,640 | $108.5M | 2.1% | −2,343−0.4% | Reduced | History |
| PGProcter & Gamble Co | Stock | 805,899 | $101.7M | 2.0% | −815−0.1% | Reduced | History |
| PEPPepsiCo Inc | Stock | 598,058 | $97.6M | 1.9% | −4,861−0.8% | Reduced | History |
| RTXRTX Corp | Stock | 1,151,879 | $94.3M | 1.8% | −1,631−0.1% | Reduced | History |
| ANSSAnsys Inc | COM | 425,126 | $94.3M | 1.8% | −3,439−0.8% | Reduced | History |
| FISVFiserv Inc | Stock | 927,737 | $86.8M | 1.7% | +3650.0% | Added | History |
| COSTCostco Wholesale Corp | Stock | 170,766 | $80.6M | 1.6% | +93+0.1% | Added | History |
| JPMJPMorgan Chase & Co | Stock | 735,641 | $76.9M | 1.5% | +4,989+0.7% | Added | History |
| CBChubb Ltd | Stock | 410,420 | $74.6M | 1.5% | +2,368+0.6% | Added | History |
| MCDMcDonalds Corp | Stock | 323,232 | $74.6M | 1.5% | +365+0.1% | Added | History |
| MTDMettler Toledo International Inc | COM | 67,404 | $73.1M | 1.4% | −358−0.5% | Reduced | History |
| NVDANVIDIA Corp | Stock | 585,362 | $71.1M | 1.4% | −4,223−0.7% | Reduced | History |
| ROPRoper Technologies Inc | Stock | 194,772 | $70.0M | 1.4% | +10.0% | Added | History |
| RMDResmed Inc | COM | 312,394 | $68.2M | 1.3% | −1,978−0.6% | Reduced | History |
| KMXCarMax Inc | COM | 1,019,042 | $67.3M | 1.3% | −4,588−0.4% | Reduced | History |
| ECLEcolab Inc. | Stock | 457,905 | $66.1M | 1.3% | +3,418+0.8% | Added | History |
| MDYSPDR S&P Midcap 400 ETF Trust | ETF | 160,692 | $64.5M | 1.3% | +1,768+1.1% | Added | History |
| ABTAbbott Laboratories | Stock | 649,183 | $62.8M | 1.2% | +3,596+0.6% | Added | History |
| IDXXIDEXX Laboratories Inc | COM | 178,531 | $58.2M | 1.1% | −471−0.3% | Reduced | History |
| ADPAutomatic Data Processing Inc | Stock | 256,455 | $58.0M | 1.1% | −4,136−1.6% | Reduced | History |
| WSOWatsco Inc | COM | 218,424 | $56.2M | 1.1% | +2,763+1.3% | Added | History |
| ABBVAbbVie Inc. | Stock | 413,621 | $55.5M | 1.1% | −1,399−0.3% | Reduced | History |
| VRTXVertex Pharmaceuticals Inc | Stock | 189,458 | $54.9M | 1.1% | −2,775−1.4% | Reduced | History |
| CVXChevron Corp | Stock | 372,849 | $53.6M | 1.0% | +3,836+1.0% | Added | History |
| AMPAmeriprise Financial Inc | COM | 210,122 | $52.9M | 1.0% | +366+0.2% | Added | History |
| AJGArthur J. Gallagher & Co. | COM | 297,130 | $50.9M | 1.0% | +890+0.3% | Added | History |
| AMZNAmazon Com Inc | Stock | 444,023 | $50.2M | 1.0% | +13,766+3.2% | Added | History |
| TJXTJX Companies Inc | Stock | 798,719 | $49.6M | 1.0% | −4,319−0.5% | Reduced | History |
| PAYXPaychex Inc | Stock | 438,042 | $49.2M | 1.0% | −5,267−1.2% | Reduced | History |
| GOOGLAlphabet Inc. | Stock | 467,806 | $44.7M | 0.9% | −2,674−0.6% | ReducedConverted for a 20-for-1 split | History |
| TMOThermo Fisher Scientific Inc. | Stock | 81,376 | $41.3M | 0.8% | +758+0.9% | Added | History |
| LLYEli Lilly & Co | Stock | 121,594 | $39.3M | 0.8% | −2,596−2.1% | Reduced | History |
| CMCSAComcast Corp | Stock | 1,322,861 | $38.8M | 0.8% | +10,905+0.8% | Added | History |
| BRK.BBerkshire Hathaway Inc | Stock | 133,892 | $35.8M | 0.7% | +1,436+1.1% | Added | History |
| MRKMerck & Co., Inc. | Stock | 405,119 | $34.9M | 0.7% | +2,848+0.7% | Added | History |
| BACBank of America Corp | Stock | 1,150,652 | $34.8M | 0.7% | +5,419+0.5% | Added | History |
| IRMIron Mountain Inc | COM | 738,058 | $32.5M | 0.6% | −991−0.1% | Reduced | History |
| CHDChurch & Dwight Co Inc | COM | 445,284 | $31.8M | 0.6% | +511+0.1% | Added | History |
| iShares Tr464288687 | PFD AND INCM SEC | 961,486 | $30.4M | 0.6% | −60,871−6.0% | Reduced | – |
| XOMExxonMobil Holdings Corp | COM | 336,564 | $29.4M | 0.6% | +5,220+1.6% | Added | History |
| First Tr Exchange-Traded FD33738D101 | NO AMER ENERGY | 1,168,345 | $29.1M | 0.6% | −13,488−1.1% | Reduced | – |
| VZVerizon Communications Inc | Stock | 757,057 | $28.7M | 0.6% | +17,898+2.4% | Added | History |
| AFLAflac Inc | Stock | 494,836 | $27.8M | 0.5% | −5,012−1.0% | Reduced | History |
| BALLBALL Corp | COM | 528,457 | $25.5M | 0.5% | −68,352−11.5% | Reduced | History |
| PFEPfizer Inc | Stock | 579,675 | $25.4M | 0.5% | −3,994−0.7% | Reduced | History |
| First Tr Exchange-Traded FD33738D309 | SENIOR LN FD | 574,325 | $25.3M | 0.5% | +25,130+4.6% | Added | – |
| ADBEAdobe Inc. | Stock | 91,129 | $25.1M | 0.5% | +371+0.4% | Added | History |
| AOSSmith A O Corp | COM | 513,127 | $24.9M | 0.5% | +58,611+12.9% | Added | History |
| ACNAccenture plc | Stock | 95,571 | $24.6M | 0.5% | +3,577+3.9% | Added | History |
| CSCOCisco Systems, Inc. | Stock | 603,158 | $24.1M | 0.5% | +12,867+2.2% | Added | History |
| METAMeta Platforms, Inc. | Stock | 176,453 | $23.9M | 0.5% | −19,565−10.0% | Reduced | History |
| EWEdwards Lifesciences Corp | Stock | 277,461 | $22.9M | 0.4% | +1,428+0.5% | Added | History |
| LINLinde PLC | SHS | 83,492 | $22.5M | 0.4% | +2,558+3.2% | Added | History |
| TDToronto Dominion Bank | Stock | 358,343 | $22.0M | 0.4% | −2,919−0.8% | Reduced | History |
| NEENextera Energy Inc | Stock | 278,780 | $21.9M | 0.4% | +20,025+7.7% | Added | History |
| SBUXStarbucks Corp | Stock | 256,974 | $21.7M | 0.4% | +1,562+0.6% | Added | History |
| WMTWalmart Inc. | Stock | 161,007 | $20.9M | 0.4% | +2,875+1.8% | Added | History |
| Vanguard Ftse Developed Markets ETF921943858 | ETF | 563,081 | $20.5M | 0.4% | +38,369+7.3% | Added | – |
| DOVDOVER Corp | COM | 172,324 | $20.1M | 0.4% | −133−0.1% | Reduced | History |
| OTISOtis Worldwide Corp | Stock | 313,672 | $20.0M | 0.4% | −1,302−0.4% | Reduced | History |
| BDXBecton Dickinson & Co | Stock | 89,759 | $20.0M | 0.4% | +106+0.1% | Added | History |
| AWKAmerican Water Works Company, Inc. | Stock | 152,564 | $19.9M | 0.4% | −2,066−1.3% | Reduced | History |
| KOCoca Cola Co | Stock | 352,685 | $19.8M | 0.4% | +4,605+1.3% | Added | History |
| LHXL3HARRIS Technologies, Inc. | Stock | 94,858 | $19.7M | 0.4% | +3,268+3.6% | Added | History |
| MMM3M Co | Stock | 167,181 | $18.5M | 0.4% | −5,857−3.4% | Reduced | History |
| QCOMQualcomm Inc | Stock | 160,970 | $18.2M | 0.4% | +308+0.2% | Added | History |
| OMCOmnicom Group Inc. | COM | 280,143 | $17.7M | 0.3% | +826+0.3% | Added | History |
| STZConstellation Brands, Inc. | Stock | 76,857 | $17.7M | 0.3% | +732+1.0% | Added | History |
| CTASCintas Corp | Stock | 43,644 | $16.9M | 0.3% | +183+0.4% | Added | History |
| INTCIntel Corp | Stock | 627,117 | $16.2M | 0.3% | −64,646−9.3% | Reduced | History |
| CSLCarlisle Companies Inc | COM | 56,698 | $15.9M | 0.3% | +160+0.3% | Added | History |
| SPYSPDR S&P 500 ETF Trust | ETF | 44,014 | $15.7M | 0.3% | +176+0.4% | Added | History |
| iShares Iboxx $ Investment Grade Corporate Bond ETF464287242 | ETF | 150,486 | $15.4M | 0.3% | +1,104+0.7% | Added | – |
| BKNGBooking Holdings Inc. | Stock | 8,987 | $14.8M | 0.3% | −90−1.0% | Reduced | History |
| iShares Russell 2000 ETF464287655 | ETF | 88,508 | $14.6M | 0.3% | +6,631+8.1% | Added | – |
| TSCOTractor Supply Co | COM | 71,532 | $13.3M | 0.3% | +1,378+2.0% | Added | History |
| SWKStanley Black & Decker, Inc. | COM | 173,748 | $13.1M | 0.3% | −11,513−6.2% | Reduced | History |
| CGNXCognex Corp | COM | 314,568 | $13.0M | 0.3% | −2,715−0.9% | Reduced | History |
| EXPDExpeditors International of Washington Inc | COM | 143,447 | $12.7M | 0.2% | +1,100+0.8% | Added | History |
| CVSCVS Health Corp | Stock | 128,816 | $12.3M | 0.2% | −786−0.6% | Reduced | History |
| AXPAmerican Express Co | Stock | 90,388 | $12.2M | 0.2% | −189−0.2% | Reduced | History |
| BMYBristol Myers Squibb Co | Stock | 164,879 | $11.7M | 0.2% | −206−0.1% | Reduced | History |
| UPSUnited Parcel Service Inc | Stock | 72,297 | $11.7M | 0.2% | +666+0.9% | Added | History |
| MDTMedtronic plc | Stock | 141,080 | $11.4M | 0.2% | +1,711+1.2% | Added | History |
| iShares Tr464288646 | ISHS 1-5YR INVS | 219,918 | $10.8M | 0.2% | −28,430−11.4% | Reduced | – |
| LECOLincoln Electric Holdings Inc | COM | 86,163 | $10.8M | 0.2% | +261+0.3% | Added | History |
| EMREmerson Electric Co | Stock | 147,840 | $10.8M | 0.2% | +200+0.1% | Added | History |
| CMICummins Inc | Stock | 50,988 | $10.4M | 0.2% | −106−0.2% | Reduced | History |
| BSXBoston Scientific Corp | Stock | 263,750 | $10.2M | 0.2% | −25,000−8.7% | Reduced | History |
| CARRCarrier Global Corp | Stock | 283,183 | $10.1M | 0.2% | −2,560−0.9% | Reduced | History |
| MZTIMarzetti Co | COM | 66,622 | $10.0M | 0.2% | +745+1.1% | Added | History |
| SYYSysco Corp | Stock | 137,244 | $9.70M | 0.2% | −2,627−1.9% | Reduced | History |
Sold out since Q2 2022 (16)
Positions held at the end of Q2 2022 that are gone from this filing.
| Security | Class | Shares in Q2 2022 | Value in Q2 2022 | % of portfolio in Q2 2022 | History |
|---|---|---|---|---|---|
| GSKGSK plc | SPONSORED ADR | 651,379 | $28.4M | 0.5% | History |
| Vanguard Morningstar Total Stock Market ETF922908769 | ETF | 6,114 | $1.15M | <0.1% | – |
| CDKCDK Global, Inc. | COM | 11,947 | $654.0K | <0.1% | History |
| URIUnited Rentals, Inc. | COM | 1,312 | $319.0K | <0.1% | History |
| OGNOrganon & Co. | Stock | 8,237 | $278.0K | <0.1% | History |
| HALHalliburton Co | Stock | 7,600 | $238.0K | <0.1% | History |
| ZTSZoetis Inc. | Stock | 1,363 | $235.0K | <0.1% | History |
| WPCW. P. Carey Inc. | COM | 2,760 | $228.0K | <0.1% | History |
| HASIHA Sustainable Infrastructure Capital, Inc. | COM | 6,000 | $227.0K | <0.1% | History |
| Vanguard Intl Equity Index F922042874 | FTSE EUROPE ETF | 4,275 | $225.0K | <0.1% | – |
| JDJD.com, Inc. | SPON ADS CL A | 3,500 | $225.0K | <0.1% | History |
| BAXBaxter International Inc | Stock | 3,322 | $213.0K | <0.1% | History |
| BCXBlackRock Resources & Commodities Strategy Trust | SHS | 23,500 | $211.0K | <0.1% | History |
| HPQHP Inc | Stock | 6,190 | $203.0K | <0.1% | History |
| VTRSViatris Inc | Stock | 10,802 | $113.0K | <0.1% | History |
| SNDLSNDL Inc. | COM | 15,000 | $5.00K | <0.1% | History |