Welch & Forbes LLC
- SEC CIK
- 0000105495
- Latest filing
- Jul 30, 2026
Holdings in Q3 2023
Holdings as of Sep 30, 2023, filed Nov 3, 2023. Long positions only; changes compare share counts with Q2 2023.
- Positions
- 367
- −8 vs. Q2 2023
- Portfolio value
- $6.05B
- −$291.5M (−4.6%) vs. Q2 2023
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| AAPLApple Inc. | Stock | 1,785,262 | $305.7M | 5.1% | −11,319−0.6% | Reduced | History |
| MSFTMicrosoft Corp | Stock | 905,192 | $285.8M | 4.7% | −9,257−1.0% | Reduced | History |
| NVDANVIDIA Corp | Stock | 513,166 | $223.2M | 3.7% | −30,870−5.7% | Reduced | History |
| ORLYO Reilly Automotive Inc | Stock | 212,870 | $193.5M | 3.2% | −1,387−0.6% | Reduced | History |
| VVisa Inc. | Stock | 761,967 | $175.3M | 2.9% | −5,401−0.7% | Reduced | History |
| DHRDanaher Corp | Stock | 676,336 | $167.8M | 2.8% | +1,768+0.3% | Added | History |
| GOOGAlphabet Inc. | Stock | 1,172,310 | $154.6M | 2.6% | −12,289−1.0% | Reduced | History |
| SYKStryker Corp | Stock | 524,199 | $143.2M | 2.4% | −2,195−0.4% | Reduced | History |
| HDHome Depot, Inc. | Stock | 432,945 | $130.8M | 2.2% | −1,499−0.3% | Reduced | History |
| ANSSAnsys Inc | COM | 416,399 | $123.9M | 2.0% | +1360.0% | Added | History |
| JNJJohnson & Johnson | Stock | 783,551 | $122.0M | 2.0% | −13,107−1.6% | Reduced | History |
| PGProcter & Gamble Co | Stock | 805,977 | $117.6M | 1.9% | −2,713−0.3% | Reduced | History |
| JPMJPMorgan Chase & Co | Stock | 726,078 | $105.3M | 1.7% | −4,354−0.6% | Reduced | History |
| FISVFiserv Inc | Stock | 908,838 | $102.7M | 1.7% | −3,625−0.4% | Reduced | History |
| PEPPepsiCo Inc | Stock | 592,361 | $100.4M | 1.7% | −1,523−0.3% | Reduced | History |
| COSTCostco Wholesale Corp | Stock | 170,157 | $96.1M | 1.6% | −2,654−1.5% | Reduced | History |
| ROPRoper Technologies Inc | Stock | 194,535 | $94.2M | 1.6% | +2,935+1.5% | Added | History |
| CBChubb Ltd | Stock | 416,924 | $86.8M | 1.4% | +2,549+0.6% | Added | History |
| MCDMcDonalds Corp | Stock | 323,285 | $85.2M | 1.4% | +1520.0% | Added | History |
| RTXRTX Corp | Stock | 1,171,990 | $84.3M | 1.4% | +15,749+1.4% | Added | History |
| WSOWatsco Inc | COM | 212,396 | $80.2M | 1.3% | +230.0% | Added | History |
| ECLEcolab Inc. | Stock | 462,403 | $78.3M | 1.3% | +6,281+1.4% | Added | History |
| IDXXIDEXX Laboratories Inc | COM | 172,429 | $75.4M | 1.2% | −877−0.5% | Reduced | History |
| MDYSPDR S&P Midcap 400 ETF Trust | ETF | 162,559 | $74.2M | 1.2% | +1,294+0.8% | Added | History |
| MTDMettler Toledo International Inc | COM | 64,959 | $72.0M | 1.2% | −260.0% | Reduced | History |
| TJXTJX Companies Inc | Stock | 793,696 | $70.5M | 1.2% | +2,290+0.3% | Added | History |
| LLYEli Lilly & Co | Stock | 129,753 | $69.7M | 1.2% | +7,896+6.5% | Added | History |
| AJGArthur J. Gallagher & Co. | COM | 294,650 | $67.2M | 1.1% | −2,064−0.7% | Reduced | History |
| CVXChevron Corp | Stock | 391,280 | $66.0M | 1.1% | +9,692+2.5% | Added | History |
| AMPAmeriprise Financial Inc | COM | 198,577 | $65.5M | 1.1% | −2,268−1.1% | Reduced | History |
| KMXCarMax Inc | COM | 914,556 | $64.7M | 1.1% | −8,892−1.0% | Reduced | History |
| VRTXVertex Pharmaceuticals Inc | Stock | 185,070 | $64.4M | 1.1% | +266+0.1% | Added | History |
| ABTAbbott Laboratories | Stock | 642,428 | $62.2M | 1.0% | −4,106−0.6% | Reduced | History |
| GOOGLAlphabet Inc. | Stock | 457,858 | $59.9M | 1.0% | −6,821−1.5% | Reduced | History |
| ADPAutomatic Data Processing Inc | Stock | 247,907 | $59.6M | 1.0% | −5,372−2.1% | Reduced | History |
| ABBVAbbVie Inc. | Stock | 395,066 | $58.9M | 1.0% | −7,243−1.8% | Reduced | History |
| AMZNAmazon Com Inc | Stock | 442,714 | $56.3M | 0.9% | +9,893+2.3% | Added | History |
| CMCSAComcast Corp | Stock | 1,239,509 | $55.0M | 0.9% | +12,635+1.0% | Added | History |
| ADBEAdobe Inc. | Stock | 94,938 | $48.4M | 0.8% | +2,323+2.5% | Added | History |
| PAYXPaychex Inc | Stock | 413,471 | $47.7M | 0.8% | −8,507−2.0% | Reduced | History |
| RMDResmed Inc | COM | 317,402 | $46.9M | 0.8% | +9,196+3.0% | Added | History |
| BRK.BBerkshire Hathaway Inc | Stock | 133,614 | $46.8M | 0.8% | −2,653−1.9% | Reduced | History |
| TMOThermo Fisher Scientific Inc. | Stock | 87,571 | $44.3M | 0.7% | +3,586+4.3% | Added | History |
| IRMIron Mountain Inc | COM | 737,694 | $43.9M | 0.7% | −6,830−0.9% | Reduced | History |
| MRKMerck & Co., Inc. | Stock | 393,221 | $40.5M | 0.7% | −4,653−1.2% | Reduced | History |
| CHDChurch & Dwight Co Inc | COM | 440,003 | $40.3M | 0.7% | +776+0.2% | Added | History |
| XOMExxonMobil Holdings Corp | COM | 323,363 | $38.0M | 0.6% | −585−0.2% | Reduced | History |
| AOSSmith A O Corp | COM | 548,237 | $36.3M | 0.6% | +5,868+1.1% | Added | History |
| Vanguard Ftse Developed Markets ETF921943858 | ETF | 820,216 | $35.9M | 0.6% | +29,709+3.8% | Added | – |
| ACNAccenture plc | Stock | 113,084 | $34.7M | 0.6% | +6,573+6.2% | Added | History |
| AFLAflac Inc | Stock | 447,079 | $34.3M | 0.6% | −5,919−1.3% | Reduced | History |
| CSCOCisco Systems, Inc. | Stock | 627,199 | $33.7M | 0.6% | +4,395+0.7% | Added | History |
| LINLinde PLC | Stock | 90,153 | $33.6M | 0.6% | +3,705+4.3% | Added | History |
| LECOLincoln Electric Holdings Inc | COM | 178,432 | $32.4M | 0.5% | +6,707+3.9% | Added | History |
| BACBank of America Corp | Stock | 1,139,257 | $31.2M | 0.5% | −25,928−2.2% | Reduced | History |
| METAMeta Platforms, Inc. | Stock | 103,019 | $30.9M | 0.5% | +1,740+1.7% | Added | History |
| First Tr Exchange-Traded FD33738D101 | NO AMER ENERGY | 1,124,687 | $29.7M | 0.5% | −27,415−2.4% | Reduced | – |
| NEENextera Energy Inc | Stock | 488,588 | $28.0M | 0.5% | +130,888+36.6% | Added | History |
| BKNGBooking Holdings Inc. | Stock | 8,638 | $26.6M | 0.4% | +24+0.3% | Added | History |
| WMTWalmart Inc. | Stock | 166,297 | $26.6M | 0.4% | +1,190+0.7% | Added | History |
| First Tr Exchange-Traded FD33738D309 | SENIOR LN FD | 575,154 | $26.3M | 0.4% | +32,850+6.1% | Added | – |
| VZVerizon Communications Inc | Stock | 806,146 | $26.1M | 0.4% | −5,687−0.7% | Reduced | History |
| OTISOtis Worldwide Corp | Stock | 305,819 | $24.6M | 0.4% | +2,143+0.7% | Added | History |
| SBUXStarbucks Corp | Stock | 263,596 | $24.1M | 0.4% | −2,808−1.1% | Reduced | History |
| DOVDOVER Corp | COM | 167,559 | $23.4M | 0.4% | −2,167−1.3% | Reduced | History |
| BDXBecton Dickinson & Co | Stock | 87,470 | $22.6M | 0.4% | −110.0% | Reduced | History |
| OMCOmnicom Group Inc. | COM | 302,927 | $22.6M | 0.4% | +24,615+8.8% | Added | History |
| iShares Tr464288687 | PFD AND INCM SEC | 735,122 | $22.2M | 0.4% | −49,630−6.3% | Reduced | – |
| CTASCintas Corp | Stock | 44,587 | $21.4M | 0.4% | +945+2.2% | Added | History |
| LHXL3HARRIS Technologies, Inc. | Stock | 120,154 | $20.9M | 0.3% | +1,837+1.6% | Added | History |
| BALLBALL Corp | COM | 411,076 | $20.5M | 0.3% | +10,434+2.6% | Added | History |
| TDToronto Dominion Bank | Stock | 338,090 | $20.4M | 0.3% | −3,121−0.9% | Reduced | History |
| CSLCarlisle Companies Inc | COM | 77,759 | $20.2M | 0.3% | +5,756+8.0% | Added | History |
| SPYSPDR S&P 500 ETF Trust | ETF | 46,054 | $19.7M | 0.3% | −154−0.3% | Reduced | History |
| STZConstellation Brands, Inc. | Stock | 78,141 | $19.6M | 0.3% | +308+0.4% | Added | History |
| KOCoca Cola Co | Stock | 350,533 | $19.6M | 0.3% | −10,480−2.9% | Reduced | History |
| GSKGSK plc | ADR | 520,691 | $18.9M | 0.3% | −286−0.1% | Reduced | History |
| PFEPfizer Inc | Stock | 561,241 | $18.6M | 0.3% | −13,361−2.3% | Reduced | History |
| EWEdwards Lifesciences Corp | Stock | 265,078 | $18.4M | 0.3% | −6,744−2.5% | Reduced | History |
| AWKAmerican Water Works Company, Inc. | Stock | 144,359 | $17.9M | 0.3% | −146−0.1% | Reduced | History |
| QCOMQualcomm Inc | Stock | 158,687 | $17.6M | 0.3% | −175−0.1% | Reduced | History |
| iShares Russell 2000 ETF464287655 | ETF | 95,598 | $16.9M | 0.3% | +2,940+3.2% | Added | – |
| TSCOTractor Supply Co | COM | 81,098 | $16.5M | 0.3% | +4,110+5.3% | Added | History |
| INTCIntel Corp | Stock | 449,338 | $16.0M | 0.3% | −9,965−2.2% | Reduced | History |
| EXPDExpeditors International of Washington Inc | COM | 131,808 | $15.1M | 0.2% | −4,750−3.5% | Reduced | History |
| EMREmerson Electric Co | Stock | 141,644 | $13.7M | 0.2% | −1,275−0.9% | Reduced | History |
| BSXBoston Scientific Corp | Stock | 256,737 | $13.6M | 0.2% | +1230.0% | Added | History |
| AXPAmerican Express Co | Stock | 90,392 | $13.5M | 0.2% | −770−0.8% | Reduced | History |
| ORCLOracle Corp | Stock | 125,979 | $13.3M | 0.2% | +5,120+4.2% | Added | History |
| CGNXCognex Corp | COM | 307,569 | $13.1M | 0.2% | −10,773−3.4% | Reduced | History |
| DNAGinkgo Bioworks Holdings, Inc. | CL A SHS | 7,000,000 | $12.7M | 0.2% | +7,000,000 | New | History |
| MCOMoodys Corp | Stock | 39,125 | $12.4M | 0.2% | +618+1.6% | Added | History |
| MZTIMarzetti Co | COM | 69,356 | $11.4M | 0.2% | +2,011+3.0% | Added | History |
| APDAir Products & Chemicals, Inc. | Stock | 39,883 | $11.3M | 0.2% | +86+0.2% | Added | History |
| CMICummins Inc | Stock | 48,923 | $11.2M | 0.2% | −2,668−5.2% | Reduced | History |
| UPSUnited Parcel Service Inc | Stock | 70,496 | $11.0M | 0.2% | −711−1.0% | Reduced | History |
| CARRCarrier Global Corp | Stock | 197,150 | $10.9M | 0.2% | −14,789−7.0% | Reduced | History |
| FTVFortive Corp | Stock | 138,453 | $10.3M | 0.2% | −715−0.5% | Reduced | History |
| IBMInternational Business Machines Corp | Stock | 69,535 | $9.76M | 0.2% | −2,097−2.9% | Reduced | History |
| BMYBristol Myers Squibb Co | Stock | 150,632 | $8.74M | 0.1% | −9,562−6.0% | Reduced | History |
Sold out since Q2 2023 (15)
Positions held at the end of Q2 2023 that are gone from this filing.
| Security | Class | Shares in Q2 2023 | Value in Q2 2023 | % of portfolio in Q2 2023 | History |
|---|---|---|---|---|---|
| DRIDarden Restaurants Inc | COM | 2,557 | $427.2K | <0.1% | History |
| SLFSun Life Financial Inc | COM | 6,977 | $363.6K | <0.1% | History |
| MMPMagellan Midstream Partners, L.P. | COM UNIT RP LP | 5,360 | $334.0K | <0.1% | History |
| iShares Core MSCI Emerging Markets ETF46434G103 | ETF | 5,986 | $295.1K | <0.1% | – |
| SPDR Series Trust78468R200 | ST STR RATE ETF | 9,000 | $276.2K | <0.1% | – |
| ProShares Tr74348A467 | S&P 500 DV ARIST | 2,660 | $250.8K | <0.1% | – |
| State Street Energy Select Sector SPDR ETF81369Y506 | ETF | 2,817 | $228.7K | <0.1% | – |
| iShares Tr464288273 | EAFE SML CP ETF | 3,808 | $224.6K | <0.1% | – |
| CCChemours Co | Stock | 5,952 | $219.6K | <0.1% | History |
| DALDelta Air Lines, Inc. | COM NEW | 4,600 | $218.7K | <0.1% | History |
| TELTE Connectivity plc | REG SHS | 1,529 | $214.3K | <0.1% | History |
| Vanguard Morningstar Growth ETF922908736 | ETF | 732 | $207.1K | <0.1% | – |
| KHCKraft Heinz Co | Stock | 5,797 | $205.8K | <0.1% | History |
| HXLHexcel Corp | COM | 2,692 | $204.6K | <0.1% | History |
| IFFInternational Flavors & Fragrances Inc | COM | 2,539 | $202.1K | <0.1% | History |