WELCH & FORBES LLC
13F Reported Value
ⓘ$8.2B
Holdings
388
Latest Filing
2026-06-30
Filing Quarter
Q2 2026
Portfolio Overview
WELCH & FORBES LLC disclosed 388 positions worth $8.2B in its Form 13F-HR for Q2 2026, led by $NVDA (NVIDIA CORP) at 7.4% of the equity portfolio, followed by $AAPL and $GOOGL. During the quarter the fund opened 28 new positions and exited 7 — including a new stake in $HONA and a full exit from $BHP. The portfolio is most concentrated in Technology (37.4% of disclosed assets). All figures are sourced directly from WELCH & FORBES LLC’s Form 13F-HR filing with the SEC under CIK 105495.
AI Fund Analysis
Concentrating
$NVDA
$AAPL
$GOOG
$MSFT
$ORLY
$AMZN
$AVGO
$META
$MCOSector Allocation
AUM History
Top Equity Holdings by Value
Quarterly Activity — Q2 2026
Click any card to unlockTop Holdings
- 85.9#5
Quality
$608.5M3,041,196 sh - 76.4#84
Quality
$481.2M1,662,845 sh - 78.2#57
Quality
$407.5M1,153,229 sh - 79.8
Quality
$331.0M887,243 sh - 67.4
Quality
$258.7M2,809,432 sh - 82.9
Quality
$241.9M705,106 sh - 70.7
Quality
$211.3M645,494 sh - 87.5
Quality
$207.1M172,704 sh - 73.2
Quality
$203.0M1,069,878 sh - 69.0
Quality
$167.1M657,989 sh
| Company | Quality | Value | Shares |
|---|---|---|---|
| NVIDIA CORP$NVDA | 85.9#5 | $608.5M | 3,041,196 |
| Apple Inc.$AAPL | 76.4#84 | $481.2M | 1,662,845 |
 Alphabet Inc.$GOOGL | 78.2#57 | $407.5M | 1,153,229 |
| MICROSOFT CORP$MSFT | 79.8 | $331.0M | 887,243 |
| O REILLY AUTOMOTIVE INC$ORLY | 67.4 | $258.7M | 2,809,432 |
 VISA INC.$V | 82.9 | $241.9M | 705,106 |
 JPMORGAN CHASE & CO$JPM | 70.7 | $211.3M | 645,494 |
 ELI LILLY & Co$LLY | 87.5 | $207.1M | 172,704 |
 RTX Corp$RTX | 73.2 | $203.0M | 1,069,878 |
 JOHNSON & JOHNSON$JNJ | 69.0 | $167.1M | 657,989 |
Unlock AI quality scores for every holding
32-signal composite ranking on each of WELCH & FORBES LLC's 388 positions.
Showing top 10 of 388 holdings.
Sector Allocation
Technology
$3.1B
Consumer Discretionary
$1.2B
Healthcare
$1.1B
Financials
$996.0M
Industrials
$509.3M
Other
$464.1M
Materials
$258.5M
Consumer Staples
$257.8M
Top Holdings — WELCH & FORBES LLC (Q2 2026)
Top 150 of 388 disclosed positions (by reported value) from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.
| # | Ticker | Company | Value | Weight | QoQ | Quality |
|---|---|---|---|---|---|---|
| 1 | $NVDA | NVIDIA CORP | $608.5M | 7.4% | -2% | 85.9 |
| 2 | $AAPL | Apple Inc. | $481.2M | 5.8% | -1% | 76.4 |
| 3 | $GOOGL | Alphabet Inc. | $407.5M | 5.0% | -2% | 78.2 |
| 4 | $MSFT | MICROSOFT CORP | $331.0M | 4.0% | +1% | 79.8 |
| 5 | $ORLY | O REILLY AUTOMOTIVE INC | $258.7M | 3.1% | -1% | 67.4 |
| 6 | $V | VISA INC. | $241.9M | 2.9% | -2% | 82.9 |
| 7 | $JPM | JPMORGAN CHASE & CO | $211.3M | 2.6% | -1% | 70.7 |
| 8 | $LLY | ELI LILLY & Co | $207.1M | 2.5% | +3% | 87.5 |
| 9 | $RTX | RTX Corp | $203.0M | 2.5% | -2% | 73.2 |
| 10 | $JNJ | JOHNSON & JOHNSON | $167.1M | 2.0% | +0% | 69 |
| 11 |  $SYK | STRYKER CORP | $163.6M | 2.0% | +2% | 72.1 |
| 12 |  $COST | COSTCO WHOLESALE CORP /NEW | $151.8M | 1.8% | +1% | 66.2 |
| 13 |  $HD | HOME DEPOT, INC. | $151.1M | 1.8% | -0% | 60.3 |
| 14 | $GOOG | Alphabet Inc. | $143.6M | 1.7% | -2% | 78.2 |
| 15 | $AMZN | AMAZON COM INC | $138.2M | 1.7% | +2% | 68.7 |
| 16 |  $CB | Chubb Ltd | $131.1M | 1.6% | -1% | — |
| 17 |  $ECL | ECOLAB INC. | $130.6M | 1.6% | -0% | 63.3 |
| 18 |  $TJX | TJX COMPANIES INC /DE/ | $116.3M | 1.4% | -1% | 68.7 |
| 19 |  $DHR | DANAHER CORP /DE/ | $114.0M | 1.4% | -2% | 64.8 |
| 20 |  $PG | PROCTER & GAMBLE Co | $110.7M | 1.3% | -1% | 64.6 |
| 21 |  $PANW | Palo Alto Networks Inc | $109.9M | 1.3% | +7% | 65.5 |
| 22 |  $VRTX | VERTEX PHARMACEUTICALS INC / MA | $109.9M | 1.3% | +1% | 75.4 |
| 23 |  $MDY | SPDR S&P MIDCAP 400 ETF TRUST | $100.0M | 1.2% | -12% | — |
| 24 | $AVGO | Broadcom Inc. | $99.4M | 1.2% | +9% | 84.5 |
| 25 |  $IDXX | IDEXX LABORATORIES INC /DE | $88.3M | 1.1% | -0% | 73.8 |
| 26 |  $WSO | WATSCO INC | $87.2M | 1.1% | -0% | 51.5 |
| 27 |  $ABBV | AbbVie Inc. | $87.1M | 1.1% | +1% | 72.6 |
| 28 | $META | Meta Platforms, Inc. | $83.8M | 1.0% | +11% | 79.6 |
| 29 |  $MCD | MCDONALDS CORP | $80.8M | 1.0% | -2% | 69 |
| 30 |  $IRM | IRON MOUNTAIN INC | $80.8M | 1.0% | -2% | 62.9 |
| 31 |  $AMP | AMERIPRISE FINANCIAL INC | $78.5M | 0.9% | -1% | 68.7 |
| 32 |  $CSCO | CISCO SYSTEMS, INC. | $73.9M | 0.9% | -1% | 70.3 |
| 33 |  $MTD | METTLER TOLEDO INTERNATIONAL INC/ | $72.9M | 0.9% | -3% | 67.5 |
| 34 | — | VANGUARD TAX-MANAGED FDS - VAN FTSE DEV MKT | $67.7M | 0.8% | -2% | — |
| 35 |  $AJG | Arthur J. Gallagher & Co. | $66.5M | 0.8% | -1% | 71.2 |
| 36 |  $CVX | CHEVRON CORP | $66.1M | 0.8% | -0% | 62.8 |
| 37 |  $RMD | RESMED INC | $62.8M | 0.8% | -1% | 74.3 |
| 38 |  $NEE | NEXTERA ENERGY INC | $61.2M | 0.7% | +3% | 64.6 |
| 39 |  $WMT | Walmart Inc. | $59.6M | 0.7% | +1% | 60.2 |
| 40 |  $BRK.B | BERKSHIRE HATHAWAY INC | $57.9M | 0.7% | -2% | 73.8 |
| 41 |  $LECO | LINCOLN ELECTRIC HOLDINGS INC | $55.5M | 0.7% | -0% | 60.1 |
| 42 |  $BAC | BANK OF AMERICA CORP /DE/ | $54.5M | 0.7% | -2% | 67.6 |
| 43 |  $PEP | PEPSICO INC | $54.5M | 0.7% | -3% | 63.4 |
| 44 |  $LIN | LINDE PLC | $54.0M | 0.7% | -1% | — |
| 45 |  $ABT | ABBOTT LABORATORIES | $54.0M | 0.7% | -6% | 65.5 |
| 46 |  $CSL | CARLISLE COMPANIES INC | $51.8M | 0.6% | +2% | 59.4 |
| 47 |  $ADP | AUTOMATIC DATA PROCESSING INC | $50.0M | 0.6% | -0% | 69.8 |
| 48 |  $ROP | ROPER TECHNOLOGIES INC | $47.5M | 0.6% | -22% | 71.9 |
| 49 |  $BKNG | Booking Holdings Inc. | $46.9M | 0.6% | +2320% | 58.5 |
| 50 |  $XYL | Xylem Inc. | $46.8M | 0.6% | -4% | 65.8 |
| 51 |  $TMO | THERMO FISHER SCIENTIFIC INC. | $41.8M | 0.5% | -6% | 65.1 |
| 52 | — | FIRST TR EXCHANGE-TRADED FD - NO AMER ENERGY | $40.8M | 0.5% | -6% | — |
| 53 |  $MRK | Merck & Co., Inc. | $40.7M | 0.5% | -0% | 59.9 |
| 54 |  $LHX | L3HARRIS TECHNOLOGIES, INC. /DE/ | $40.4M | 0.5% | +1% | 64.4 |
| 55 |  $XOM.R34088 | EXXON MOBIL CORP | $39.4M | 0.5% | +1% | 57.9 |
| 56 |  $AFL | AFLAC INC | $36.9M | 0.5% | -1% | 61.3 |
| 57 |  $PAYX | PAYCHEX INC | $35.7M | 0.4% | +0% | 74.6 |
| 58 |  $CHD | CHURCH & DWIGHT CO INC /DE/ | $34.6M | 0.4% | -6% | 58.1 |
| 59 |  $AOS | SMITH A O CORP | $33.4M | 0.4% | -8% | 60 |
| 60 |  $SPY | SPDR S&P 500 ETF TRUST | $32.5M | 0.4% | -5% | — |
| 61 |  $CTAS | CINTAS CORP | $32.4M | 0.4% | -0% | 68.7 |
| 62 |  $DOV | DOVER Corp | $32.0M | 0.4% | -0% | 58.1 |
| 63 |  $CMI | CUMMINS INC | $29.5M | 0.4% | -3% | 58.1 |
| 64 |  $AXP | AMERICAN EXPRESS CO | $27.5M | 0.3% | -1% | 69.4 |
| 65 |  $NOW | ServiceNow, Inc. | $27.3M | 0.3% | -3% | 72.9 |
| 66 |  $GSK | GSK plc | $27.2M | 0.3% | +0% | — |
| 67 |  $VZ | VERIZON COMMUNICATIONS INC | $27.2M | 0.3% | -2% | 65.8 |
| 68 | — | FIRST TR EXCHANGE-TRADED FD - SENIOR LN FD | $26.7M | 0.3% | -5% | — |
| 69 |  $EQIX | EQUINIX INC | $26.7M | 0.3% | -1% | 59 |
| 70 |  $QCOM | QUALCOMM INC/DE | $25.6M | 0.3% | +0% | 70.5 |
| 71 |  $CGNX | COGNEX CORP | $23.9M | 0.3% | +2% | 66.9 |
| 72 | $MCO | MOODYS CORP /DE/ | $23.1M | 0.3% | +0% | 79.1 |
| 73 |  $KO | COCA COLA CO | $21.9M | 0.3% | -4% | 69.5 |
| 74 |  $CAT | CATERPILLAR INC | $21.4M | 0.3% | +6% | 66.5 |
| 75 | — | ISHARES TR - CORE S&P SCP ETF | $20.5M | 0.3% | -2% | — |
| 76 |  $KMX | CARMAX INC | $20.5M | 0.3% | -9% | 50 |
| 77 |  $IBM | INTERNATIONAL BUSINESS MACHINES CORP | $19.6M | 0.2% | +30% | 70 |
| 78 |  $INTC | INTEL CORP | $19.4M | 0.2% | -2% | 45.6 |
| 79 |  $SHOP | SHOPIFY INC. | $18.2M | 0.2% | +4% | 64.9 |
| 80 |  $ORCL | ORACLE CORP | $17.8M | 0.2% | +7% | 66.2 |
| 81 |  $OTIS | Otis Worldwide Corp | $17.0M | 0.2% | -3% | 61.3 |
| 82 |  $GE | GENERAL ELECTRIC CO | $16.5M | 0.2% | -4% | 73.8 |
| 83 |  $EXPD | EXPEDITORS INTERNATIONAL OF WASHINGTON INC | $16.3M | 0.2% | -0% | 66 |
| 84 |  $EW | Edwards Lifesciences Corp | $16.2M | 0.2% | -0% | 69.4 |
| 85 |  $OMC | OMNICOM GROUP INC. | $16.0M | 0.2% | -8% | 59.1 |
| 86 |  $UBER | Uber Technologies, Inc | $16.0M | 0.2% | -1% | 73.5 |
| 87 |  $EMR | EMERSON ELECTRIC CO | $16.0M | 0.2% | +1% | 65.3 |
| 88 | — | ISHARES TR - PFD AND INCM SEC | $15.9M | 0.2% | -11% | — |
| 89 |  $FISV | FISERV INC | $15.1M | 0.2% | -39% | 60.7 |
| 90 |  $SNPS | SYNOPSYS INC | $14.9M | 0.2% | -0% | 67.9 |
| 91 |  $TSCO | TRACTOR SUPPLY CO /DE/ | $13.2M | 0.2% | -12% | 55.2 |
| 92 | — | VANECK ETF TRUST - GOLD MINERS ETF | $12.8M | 0.2% | -10% | — |
| 93 |  $NFLX | NETFLIX INC | $12.7M | 0.1% | +50% | 78.8 |
| 94 | — | ISHARES TR - CORE S&P500 ETF | $12.6M | 0.1% | -2% | — |
| 95 |  $GEV | GE Vernova Inc. | $12.5M | 0.1% | -4% | 81.1 |
| 96 |  $ADI | ANALOG DEVICES INC | $10.8M | 0.1% | +5% | 79.2 |
| 97 |  $CARR | CARRIER GLOBAL Corp | $10.2M | 0.1% | -1% | 56.6 |
| 98 |  $APD | Air Products & Chemicals, Inc. | $9.8M | 0.1% | +1% | 46.4 |
| 99 | — | VANGUARD INTL EQUITY INDEX F - ALLWRLD EX US | $9.8M | 0.1% | +4% | — |
| 100 |  $SHW | SHERWIN WILLIAMS CO | $9.5M | 0.1% | +2% | 61.3 |
| 101 |  $AMGN | AMGEN INC | $9.4M | 0.1% | +4% | 79.2 |
| 102 |  $TXN | TEXAS INSTRUMENTS INC | $9.3M | 0.1% | +9% | 73.4 |
| 103 |  $NVS | NOVARTIS AG | $9.1M | 0.1% | +1% | — |
| 104 |  $SBUX | STARBUCKS CORP | $8.8M | 0.1% | +2% | 58.2 |
| 105 |  $MZTI | MARZETTI CO | $8.2M | 0.1% | -0% | 58.8 |
| 106 |  $MDB | MongoDB, Inc. | $8.2M | 0.1% | +4% | 68.8 |
| 107 |  $PFE | PFIZER INC | $8.2M | 0.1% | -2% | 62 |
| 108 |  $MMM | 3M CO | $8.0M | 0.1% | -2% | 64.9 |
| 109 |  $PGR | PROGRESSIVE CORP/OH/ | $7.9M | 0.1% | -1% | 80.1 |
| 110 |  $DUK | Duke Energy CORP | $7.8M | 0.1% | -0% | 56.4 |
| 111 | — | ISHARES TR - RUSSELL 2000 ETF | $7.5M | 0.1% | -3% | — |
| 112 |  $QQQ | INVESCO QQQ TRUST, SERIES 1 | $7.2M | 0.1% | -3% | — |
| 113 |  $MA | Mastercard Inc | $6.7M | 0.1% | +6% | 85.1 |
| 114 |  $IAU | ISHARES GOLD TRUST | $6.6M | 0.1% | +0% | — |
| 115 |  $STT | STATE STREET CORP | $6.5M | 0.1% | -2% | 71.5 |
| 116 |  $CHEF | Chefs' Warehouse, Inc. | $6.3M | 0.1% | +2% | 54.7 |
| 117 |  $VLO | VALERO ENERGY CORP/TX | $6.2M | 0.1% | +1% | 57.8 |
| 118 |  $AWK | American Water Works Company, Inc. | $6.1M | 0.1% | -7% | 58.1 |
| 119 |  $HLN | Haleon plc | $6.0M | 0.1% | +0% | — |
| 120 |  $ITW | ILLINOIS TOOL WORKS INC | $6.0M | 0.1% | -0% | 63.6 |
| 121 |  $RPM | RPM INTERNATIONAL INC/DE/ | $5.9M | 0.1% | -13% | 59.6 |
| 122 | — | ISHARES TR - IBOXX INV CP ETF | $5.8M | 0.1% | -6% | — |
| 123 | — | ISHARES TR - TIPS BD ETF | $5.5M | 0.1% | +3% | — |
| 124 | — | ISHARES TR - RUS 2000 GRW ETF | $5.5M | 0.1% | -0% | — |
| 125 | — | ISHARES TR - CORE S&P MCP ETF | $5.5M | 0.1% | -10% | — |
| 126 |  $TD | TORONTO DOMINION BANK | $5.2M | 0.1% | -0% | 80.5 |
| 127 |  $BMY | BRISTOL MYERS SQUIBB CO | $5.2M | 0.1% | -4% | 70.4 |
| 128 |  $UNP | UNION PACIFIC CORP | $5.0M | 0.1% | +5% | 69.7 |
| 129 |  $BDX | BECTON DICKINSON & CO | $5.0M | 0.1% | -13% | 59 |
| 130 |  $AMAT | APPLIED MATERIALS INC /DE | $4.9M | 0.1% | +1% | 72.3 |
| 131 |  $DE | DEERE & CO | $4.6M | 0.1% | +16% | 55.4 |
| 132 |  $SYY | SYSCO CORP | $4.5M | 0.1% | -2% | 54.7 |
| 133 | — | ISHARES TR - S&P 100 ETF | $4.5M | 0.1% | -7% | — |
| 134 |  $CL | COLGATE PALMOLIVE CO | $4.4M | 0.1% | +2% | 61.3 |
| 135 | — | ISHARES TR - ISHS 1-5YR INVS | $4.3M | 0.1% | +37% | — |
| 136 |  $CHKP | CHECK POINT SOFTWARE TECHNOLOGIES LTD | $4.2M | 0.1% | -5% | — |
| 137 |  $UPS | UNITED PARCEL SERVICE INC | $4.2M | 0.1% | -5% | 58.6 |
| 138 | — | ISHARES TR - CORE US AGGBD ET | $4.2M | 0.1% | +49% | — |
| 139 |  $LMT | LOCKHEED MARTIN CORP | $4.1M | 0.1% | +8% | 65.6 |
| 140 | — | VANGUARD INTL EQUITY INDEX F - FTSE EMR MKT ETF | $4.0M | 0.1% | +22% | — |
| 141 |  $LNT | ALLIANT ENERGY CORP | $3.8M | 0.1% | +0% | 53.6 |
| 142 | $META | Meta Platforms, Inc. | $3.8M | 0.1% | -15% | 79.6 |
| 143 | — | VANGUARD INDEX FDS - S&P 500 ETF SHS | $3.8M | 0.1% | +3% | — |
| 144 |  $LOW | LOWES COMPANIES INC | $3.7M | 0.1% | +17% | 60.8 |
| 145 | — | ISHARES TR - RUS 1000 ETF | $3.7M | 0.0% | +0% | — |
| 146 |  $BALL | BALL Corp | $3.7M | 0.0% | -12% | 61.1 |
| 147 |  $WFC | WELLS FARGO & COMPANY/MN | $3.7M | 0.0% | +2% | 61.8 |
| 148 |  $ISRG | INTUITIVE SURGICAL INC | $3.7M | 0.0% | -1% | 79.9 |
| 149 |  $GILD | GILEAD SCIENCES, INC. | $3.4M | 0.0% | +0% | 57.4 |
| 150 | — | SPDR SERIES TRUST - ST STR SP DIV | $3.4M | 0.0% | +0% | — |
New Positions (28)
$HONA Honeywell Aerospace Inc.$1.1M
$SNDK Sandisk Corp$552,517
$TT Trane Technologies plc$507,859
$LRCX LAM RESEARCH CORP$354,031
$GLW CORNING INC /NY$315,199
$WELL WELLTOWER INC.$313,218
$KN Knowles Corp$299,900
$UAMY UNITED STATES ANTIMONY CORP$282,051
$UBS UBS Group AG$280,509
$ET Energy Transfer LP$272,002
$FFIV F5, INC.$256,647
$SPCX SPACE EXPLORATION TECHNOLOGIES CORP$254,412
$RKLB Rocket Lab Corp$244,265
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