Welch & Forbes LLC
- SEC CIK
- 0000105495
- Latest filing
- Jul 30, 2026
Holdings in Q2 2026
Holdings as of Jun 30, 2026, filed Jul 30, 2026. Long positions only; changes compare share counts with Q1 2026.
- Positions
- 388
- +20 vs. Q1 2026
- Portfolio value
- $8.23B
- +$493.6M (+6.4%) vs. Q1 2026
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| NVDANVIDIA Corp | Stock | 3,041,196 | $608.5M | 7.4% | −55,207−1.8% | Reduced | History |
| AAPLApple Inc. | Stock | 1,662,845 | $481.2M | 5.8% | −17,064−1.0% | Reduced | History |
| GOOGAlphabet Inc. | Stock | 1,153,229 | $407.5M | 5.0% | −19,134−1.6% | Reduced | History |
| MSFTMicrosoft Corp | Stock | 887,243 | $331.0M | 4.0% | +5,660+0.6% | Added | History |
| ORLYO Reilly Automotive Inc | Stock | 2,809,432 | $258.7M | 3.1% | −22,738−0.8% | Reduced | History |
| VVisa Inc. | Stock | 705,106 | $241.9M | 2.9% | −14,445−2.0% | Reduced | History |
| JPMJPMorgan Chase & Co | Stock | 645,494 | $211.3M | 2.6% | −7,413−1.1% | Reduced | History |
| LLYEli Lilly & Co | Stock | 172,704 | $207.1M | 2.5% | +4,469+2.7% | Added | History |
| RTXRTX Corp | Stock | 1,069,878 | $203.0M | 2.5% | −24,716−2.3% | Reduced | History |
| JNJJohnson & Johnson | Stock | 657,989 | $167.1M | 2.0% | +461+0.1% | Added | History |
| SYKStryker Corp | Stock | 519,496 | $163.6M | 2.0% | +10,441+2.1% | Added | History |
| COSTCostco Wholesale Corp | Stock | 162,277 | $151.8M | 1.8% | +911+0.6% | Added | History |
| HDHome Depot, Inc. | Stock | 428,508 | $151.1M | 1.8% | −1860.0% | Reduced | History |
| GOOGLAlphabet Inc. | Stock | 401,718 | $143.6M | 1.7% | −7,727−1.9% | Reduced | History |
| AMZNAmazon Com Inc | Stock | 579,893 | $138.2M | 1.7% | +11,927+2.1% | Added | History |
| CBChubb Ltd | Stock | 384,803 | $131.1M | 1.6% | −1,953−0.5% | Reduced | History |
| ECLEcolab Inc. | Stock | 468,722 | $130.6M | 1.6% | −1,721−0.4% | Reduced | History |
| TJXTJX Companies Inc | Stock | 767,963 | $116.3M | 1.4% | −4,012−0.5% | Reduced | History |
| DHRDanaher Corp | Stock | 598,324 | $114.0M | 1.4% | −14,333−2.3% | Reduced | History |
| PGProcter & Gamble Co | Stock | 754,625 | $110.7M | 1.3% | −9,227−1.2% | Reduced | History |
| PANWPalo Alto Networks Inc | Stock | 322,392 | $109.9M | 1.3% | +21,828+7.3% | Added | History |
| VRTXVertex Pharmaceuticals Inc | Stock | 221,304 | $109.9M | 1.3% | +1,635+0.7% | Added | History |
| MDYSPDR S&P Midcap 400 ETF Trust | ETF | 142,173 | $100.0M | 1.2% | −19,381−12.0% | Reduced | History |
| AVGOBroadcom Inc. | Stock | 263,007 | $99.4M | 1.2% | +21,566+8.9% | Added | History |
| IDXXIDEXX Laboratories Inc | COM | 167,666 | $88.3M | 1.1% | −515−0.3% | Reduced | History |
| WSOWatsco Inc | COM | 209,280 | $87.2M | 1.1% | −525−0.3% | Reduced | History |
| ABBVAbbVie Inc. | Stock | 345,978 | $87.1M | 1.1% | +2,363+0.7% | Added | History |
| METAMeta Platforms, Inc. | Stock | 148,710 | $83.8M | 1.0% | +14,741+11.0% | Added | History |
| MCDMcDonalds Corp | Stock | 298,932 | $80.8M | 1.0% | −5,057−1.7% | Reduced | History |
| IRMIron Mountain Inc | COM | 639,322 | $80.8M | 1.0% | −12,746−2.0% | Reduced | History |
| AMPAmeriprise Financial Inc | COM | 171,132 | $78.5M | 1.0% | −2,329−1.3% | Reduced | History |
| CSCOCisco Systems, Inc. | Stock | 629,560 | $73.9M | 0.9% | −3,987−0.6% | Reduced | History |
| MTDMettler Toledo International Inc | COM | 57,090 | $72.9M | 0.9% | −1,717−2.9% | Reduced | History |
| Vanguard Ftse Developed Markets ETF921943858 | ETF | 950,233 | $67.7M | 0.8% | −20,178−2.1% | Reduced | – |
| AJGArthur J. Gallagher & Co. | COM | 289,883 | $66.5M | 0.8% | −3,405−1.2% | Reduced | History |
| CVXChevron Corp | Stock | 398,635 | $66.1M | 0.8% | −1,901−0.5% | Reduced | History |
| RMDResmed Inc | COM | 322,033 | $62.8M | 0.8% | −4,374−1.3% | Reduced | History |
| NEENextera Energy Inc | Stock | 696,876 | $61.2M | 0.7% | +21,488+3.2% | Added | History |
| WMTWalmart Inc. | Stock | 526,233 | $59.6M | 0.7% | +3,135+0.6% | Added | History |
| BRK.BBerkshire Hathaway Inc | Stock | 115,656 | $57.9M | 0.7% | −1,880−1.6% | Reduced | History |
| LECOLincoln Electric Holdings Inc | COM | 208,918 | $55.5M | 0.7% | −970−0.5% | Reduced | History |
| BACBank of America Corp | Stock | 957,307 | $54.5M | 0.7% | −19,288−2.0% | Reduced | History |
| PEPPepsiCo Inc | Stock | 402,525 | $54.5M | 0.7% | −13,452−3.2% | Reduced | History |
| LINLinde PLC | Stock | 104,115 | $54.0M | 0.7% | −1,155−1.1% | Reduced | History |
| ABTAbbott Laboratories | Stock | 595,129 | $54.0M | 0.7% | −34,707−5.5% | Reduced | History |
| CSLCarlisle Companies Inc | COM | 142,765 | $51.8M | 0.6% | +2,299+1.6% | Added | History |
| ADPAutomatic Data Processing Inc | Stock | 223,090 | $50.0M | 0.6% | −870−0.4% | Reduced | History |
| ROPRoper Technologies Inc | Stock | 140,495 | $47.5M | 0.6% | −39,625−22.0% | Reduced | History |
| BKNGBooking Holdings Inc. | Stock | 263,055 | $46.9M | 0.6% | −8,695−3.2% | ReducedConverted for a 25-for-1 split | History |
| XYLXylem Inc. | COM | 395,967 | $46.8M | 0.6% | −17,888−4.3% | Reduced | History |
| TMOThermo Fisher Scientific Inc. | Stock | 83,322 | $41.8M | 0.5% | −5,612−6.3% | Reduced | History |
| First Tr Exchange-Traded FD33738D101 | NO AMER ENERGY | 937,533 | $40.8M | 0.5% | −58,470−5.9% | Reduced | – |
| MRKMerck & Co., Inc. | Stock | 316,952 | $40.7M | 0.5% | −416−0.1% | Reduced | History |
| LHXL3HARRIS Technologies, Inc. | Stock | 139,101 | $40.4M | 0.5% | +1,005+0.7% | Added | History |
| XOMExxonMobil Holdings Corp | COM | 287,954 | $39.4M | 0.5% | +2,972+1.0% | Added | History |
| AFLAflac Inc | Stock | 315,029 | $36.9M | 0.4% | −1,982−0.6% | Reduced | History |
| PAYXPaychex Inc | Stock | 363,475 | $35.7M | 0.4% | +1,359+0.4% | Added | History |
| CHDChurch & Dwight Co Inc | COM | 357,066 | $34.6M | 0.4% | −21,836−5.8% | Reduced | History |
| AOSSmith A O Corp | COM | 532,209 | $33.4M | 0.4% | −47,571−8.2% | Reduced | History |
| SPYSPDR S&P 500 ETF Trust | ETF | 43,500 | $32.5M | 0.4% | −2,128−4.7% | Reduced | History |
| CTASCintas Corp | Stock | 190,216 | $32.4M | 0.4% | −203−0.1% | Reduced | History |
| DOVDOVER Corp | COM | 142,893 | $32.0M | 0.4% | −550−0.4% | Reduced | History |
| CMICummins Inc | Stock | 41,387 | $29.5M | 0.4% | −1,424−3.3% | Reduced | History |
| AXPAmerican Express Co | Stock | 81,174 | $27.5M | 0.3% | −590−0.7% | Reduced | History |
| NOWServiceNow, Inc. | Stock | 275,179 | $27.3M | 0.3% | −9,685−3.4% | Reduced | History |
| GSKGSK plc | ADR | 518,597 | $27.2M | 0.3% | 00.0% | Unchanged | History |
| VZVerizon Communications Inc | Stock | 641,841 | $27.2M | 0.3% | −10,423−1.6% | Reduced | History |
| First Tr Exchange-Traded FD33738D309 | SENIOR LN FD | 597,151 | $26.7M | 0.3% | −34,722−5.5% | Reduced | – |
| EQIXEquinix Inc | COM | 25,590 | $26.7M | 0.3% | −204−0.8% | Reduced | History |
| QCOMQualcomm Inc | Stock | 138,519 | $25.6M | 0.3% | +268+0.2% | Added | History |
| CGNXCognex Corp | COM | 330,660 | $23.9M | 0.3% | +7,767+2.4% | Added | History |
| MCOMoodys Corp | Stock | 51,007 | $23.1M | 0.3% | +212+0.4% | Added | History |
| KOCoca Cola Co | Stock | 270,059 | $21.9M | 0.3% | −11,058−3.9% | Reduced | History |
| CATCaterpillar Inc | Stock | 20,137 | $21.4M | 0.3% | +1,106+5.8% | Added | History |
| iShares Core S&P Small Cap ETF464287804 | ETF | 138,219 | $20.5M | 0.2% | −2,925−2.1% | Reduced | – |
| KMXCarMax Inc | COM | 387,190 | $20.5M | 0.2% | −39,643−9.3% | Reduced | History |
| IBMInternational Business Machines Corp | Stock | 69,666 | $19.6M | 0.2% | +16,221+30.4% | Added | History |
| INTCIntel Corp | Stock | 139,049 | $19.4M | 0.2% | −3,242−2.3% | Reduced | History |
| SHOPShopify Inc. | Stock | 159,087 | $18.2M | 0.2% | +5,556+3.6% | Added | History |
| ORCLOracle Corp | Stock | 121,788 | $17.8M | 0.2% | +7,853+6.9% | Added | History |
| OTISOtis Worldwide Corp | Stock | 238,066 | $17.0M | 0.2% | −7,612−3.1% | Reduced | History |
| GEGeneral Electric Co | Stock | 44,138 | $16.5M | 0.2% | −1,644−3.6% | Reduced | History |
| EXPDExpeditors International of Washington Inc | COM | 99,915 | $16.3M | 0.2% | −442−0.4% | Reduced | History |
| EWEdwards Lifesciences Corp | Stock | 178,868 | $16.2M | 0.2% | −636−0.4% | Reduced | History |
| OMCOmnicom Group Inc. | COM | 220,272 | $16.0M | 0.2% | −18,097−7.6% | Reduced | History |
| UBERUber Technologies, Inc | Stock | 222,080 | $16.0M | 0.2% | −1,968−0.9% | Reduced | History |
| EMREmerson Electric Co | Stock | 111,601 | $16.0M | 0.2% | +1,125+1.0% | Added | History |
| iShares Tr464288687 | PFD AND INCM SEC | 521,867 | $15.9M | 0.2% | −62,874−10.8% | Reduced | – |
| FISVFiserv Inc | Stock | 308,444 | $15.1M | 0.2% | −197,950−39.1% | Reduced | History |
| SNPSSynopsys Inc | COM | 33,409 | $14.9M | 0.2% | −82−0.2% | Reduced | History |
| TSCOTractor Supply Co | COM | 418,308 | $13.2M | 0.2% | −59,608−12.5% | Reduced | History |
| VanEck ETF Trust92189F106 | GOLD MINERS ETF | 169,404 | $12.8M | 0.2% | −17,845−9.5% | Reduced | – |
| NFLXNetflix Inc | Stock | 177,517 | $12.7M | 0.2% | +59,069+49.9% | Added | History |
| iShares Core S&P 500 ETF464287200 | ETF | 16,765 | $12.6M | 0.2% | −299−1.8% | Reduced | – |
| GEVGE Vernova Inc. | Stock | 10,672 | $12.5M | 0.2% | −452−4.1% | Reduced | History |
| ADIAnalog Devices Inc | Stock | 27,288 | $10.8M | 0.1% | +1,231+4.7% | Added | History |
| CARRCarrier Global Corp | Stock | 139,202 | $10.2M | 0.1% | −1,997−1.4% | Reduced | History |
| APDAir Products & Chemicals, Inc. | Stock | 33,571 | $9.84M | 0.1% | +309+0.9% | Added | History |
| Vanguard Ftse All-World Ex-US Index Fund922042775 | ETF | 117,094 | $9.81M | 0.1% | +4,515+4.0% | Added | – |
| SHWSherwin Williams Co | COM | 27,480 | $9.46M | 0.1% | +470+1.7% | Added | History |
Sold out since Q1 2026 (9)
Positions held at the end of Q1 2026 that are gone from this filing.
| Security | Class | Shares in Q1 2026 | Value in Q1 2026 | % of portfolio in Q1 2026 | History |
|---|---|---|---|---|---|
| HONHoneywell International Inc | COM | 9,800 | $2.22M | <0.1% | History |
| BHPBHP Group Ltd | ADR | 3,619 | $263.2K | <0.1% | History |
| TXTTextron Inc | COM | 2,880 | $252.2K | <0.1% | History |
| DOWDow Inc. | Stock | 5,839 | $243.2K | <0.1% | History |
| MPLXMPLX LP | COM UNIT REP LTD | 4,029 | $229.9K | <0.1% | History |
| VNTVontier Corp | Stock | 6,352 | $225.3K | <0.1% | History |
| Invesco Exch Traded FD Tr II46138G508 | SR LN ETF | 10,214 | $208.5K | <0.1% | – |
| EQTEQT Corp | Stock | 3,250 | $206.8K | <0.1% | History |
| Vanguard Energy ETF92204A306 | ETF | 1,178 | $203.8K | <0.1% | – |