WELCH & FORBES LLC
Sector Allocation
- Technology34.1%$2.8B
- Healthcare16.1%$1.3B
- Financials12.3%$1.0B
- Consumer Discretionary11.8%$968.5M
- Industrials6.5%$535.0M
- Consumer Staples5.7%$470.4M
- Other5.6%$464.1M
- Materials3.3%$267.2M
- Energy1.6%$127.2M
- Real Estate1.3%$110.1M
AUM History
13fpro.ai/research/fund/welch-and-forbes-llc-105495
Conviction and streaks
Concentrating · top 10 = 37.9%From the fund's last 12 quarters of 13F filings: positions held longest at size, and names it added to or trimmed several quarters running.
Largest positions — Q2 2026
NVDA
$608.5MAAPL
$481.2MGOOG
$407.5MMSFT
$331.0MORLY
$258.7MV
$241.9MJPM
$211.3MLLY
$207.1MRTX
$203.0MJNJ
$167.1MSYK
$163.6MCOST
$151.8MHD
$151.1MGOOGL
$143.6MAMZN
$138.2MCB
$131.1MECL
$130.6MTJX
$116.3MDHR
$114.0MPG
$110.7M
Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.
13fpro.ai/research/fund/welch-and-forbes-llc-105495
WELCH & FORBES LLC 13F holdings — Q2 2026
$8.2B portfolio (+6.4% QoQ) · 388 holdings · Q2 2026 13F · top 10 are 38% of the stock portfolio
$608.5M
7.4% of stocks
-2%This quarter+10.8%Since filed10+ qtrsHeld$481.2M
5.8% of stocks
-1%This quarter+3.1%Since filed10+ qtrsHeld$407.5M
5.0% of stocks
-2%This quarter-5.8%Since filed10+ qtrsHeld$331.0M
4.0% of stocks
+0.6%This quarter+18.1%Since filed10+ qtrsHeld$258.7M
3.1% of stocks
-0.8%This quarter+4.2%Since filed10+ qtrsHeld$241.9M
2.9% of stocks
-2%This quarter+10.3%Since filed10+ qtrsHeld$211.3M
2.6% of stocks
-1%This quarter-4.8%Since filed10+ qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialTrimmed 2 qtrs in a row$207.1M
2.5% of stocks
+3%This quarter+10.8%Since filed10+ qtrsHeld$203.0M
2.5% of stocks
-2%This quarter-7.9%Since filed10+ qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialTrimmed 4 qtrs in a row$167.1M
2.0% of stocks
+0.1%This quarter+4.1%Since filed10+ qtrsHeld
All holdings — WELCH & FORBES LLC (Q2 2026)
388 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated.
| # | Company | Held | Source | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 11 | STRYKER CORP | Healthcare | $163.6M | 2.0% | 519K | +2% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 12 | COSTCO WHOLESALE CORP /NEW | Consumer Staples | $151.8M | 1.8% | 162K | +0.6% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 13 | HOME DEPOT, INC. | Consumer Discretionary | $151.1M | 1.8% | 429K | -0.0% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 14 | Alphabet Inc. | Technology | $143.6M | 1.7% | 402K | -2% | 10+ qtrsTrimmed 3 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 15 | AMAZON COM INC | Consumer Discretionary | $138.2M | 1.7% | 580K | +2% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 16 | Chubb Ltd | Financials | $131.1M | 1.6% | 385K | -0.5% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 17 | ECOLAB INC. | Materials | $130.6M | 1.6% | 469K | -0.4% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 18 | TJX COMPANIES INC /DE/ | Consumer Discretionary | $116.3M | 1.4% | 768K | -0.5% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 19 | DANAHER CORP /DE/ | Healthcare | $114.0M | 1.4% | 598K | -2% | 10+ qtrsTrimmed 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 20 | PROCTER & GAMBLE Co | Consumer Staples | $110.7M | 1.3% | 755K | -1% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 21 | Palo Alto Networks Inc | Technology | $109.9M | 1.3% | 322K | +7% | 10+ qtrsAdded 4 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 22 | VERTEX PHARMACEUTICALS INC / MA | Healthcare | $109.9M | 1.3% | 221K | +0.7% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 23 | SPDR S&P MIDCAP 400 ETF TRUSTetf/fund | — | $100.0M | 1.2% | 142K | -12% | 10+ qtrsTrimmed 3 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 24 | Broadcom Inc. | Technology | $99.4M | 1.2% | 263K | +9% | 10+ qtrsAdded 9 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 25 | IDEXX LABORATORIES INC /DE | Healthcare | $88.3M | 1.1% | 168K | -0.3% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 26 | $WSO | WATSCO INC | Consumer Discretionary | $87.2M | 1.1% | 209K | -0.3% | |||
| 27 | $ABBV | AbbVie Inc. | Healthcare | $87.1M | 1.1% | 346K | +0.7% | |||
| 28 | $META | Meta Platforms, Inc. | Technology | $83.8M | 1.0% | 149K | +11% | |||
| 29 | $MCD | MCDONALDS CORP | Consumer Discretionary | $80.8M | 1.0% | 299K | -2% | |||
| 30 | $IRM | IRON MOUNTAIN INC | Real Estate | $80.8M | 1.0% | 639K | -2% | |||
| 31 | $AMP | AMERIPRISE FINANCIAL INC | Financials | $78.5M | 0.9% | 171K | -1% | |||
| 32 | $CSCO | CISCO SYSTEMS, INC. | Technology | $73.9M | 0.9% | 630K | -0.6% | |||
| 33 | $MTD | METTLER TOLEDO INTERNATIONAL INC/ | Healthcare | $72.9M | 0.9% | 57K | -3% | |||
| 34 | — | VANGUARD TAX-MANAGED FDS - VAN FTSE DEV MKT | — | $67.7M | 0.8% | 950K | -2% | |||
| 35 | $AJG | Arthur J. Gallagher & Co. | Financials | $66.5M | 0.8% | 290K | -1% | |||
| 36 | $CVX | CHEVRON CORP | Energy | $66.1M | 0.8% | 399K | -0.5% | |||
| 37 | $RMD | RESMED INC | Healthcare | $62.8M | 0.8% | 322K | -1% | |||
| 38 | $NEE | NEXTERA ENERGY INC | Utilities | $61.2M | 0.7% | 697K | +3% | |||
| 39 | $WMT | Walmart Inc. | Consumer Staples | $59.6M | 0.7% | 526K | +0.6% | |||
| 40 | $BRK.B | BERKSHIRE HATHAWAY INC | Financials | $57.9M | 0.7% | 116K | -2% | |||
| 41 | $LECO | LINCOLN ELECTRIC HOLDINGS INC | Industrials | $55.5M | 0.7% | 209K | -0.5% | |||
| 42 | $BAC | BANK OF AMERICA CORP /DE/ | Financials | $54.5M | 0.7% | 957K | -2% | |||
| 43 | $PEP | PEPSICO INC | Consumer Staples | $54.5M | 0.7% | 403K | -3% | |||
| 44 | $LIN | LINDE PLC | Materials | $54.0M | 0.7% | 104K | -1% | |||
| 45 | $ABT | ABBOTT LABORATORIES | Healthcare | $54.0M | 0.7% | 595K | -6% | |||
| 46 | $CSL | CARLISLE COMPANIES INC | Materials | $51.8M | 0.6% | 143K | +2% | |||
| 47 | $ADP | AUTOMATIC DATA PROCESSING INC | Technology | $50.0M | 0.6% | 223K | -0.4% | |||
| 48 | $ROP | ROPER TECHNOLOGIES INC | Technology | $47.5M | 0.6% | 140K | -22% | |||
| 49 | $BKNG | Booking Holdings Inc. | Consumer Discretionary | $46.9M | 0.6% | 263K | +2320% | |||
| 50 | $XYL | Xylem Inc. | Industrials | $46.8M | 0.6% | 396K | -4% | |||
| 51 | $TMO | THERMO FISHER SCIENTIFIC INC. | Healthcare | $41.8M | 0.5% | 83K | -6% | |||
| 52 | — | FIRST TR EXCHANGE-TRADED FD - NO AMER ENERGY | — | $40.8M | 0.5% | 938K | -6% | |||
| 53 | $MRK | Merck & Co., Inc. | Healthcare | $40.7M | 0.5% | 317K | -0.1% | |||
| 54 | $LHX | L3HARRIS TECHNOLOGIES, INC. /DE/ | Technology | $40.4M | 0.5% | 139K | +0.7% | |||
| 55 | $XOM.R34088 | EXXON MOBIL CORP | Energy | $39.4M | 0.5% | 288K | +1% | |||
| 56 | $AFL | AFLAC INC | Financials | $36.9M | 0.5% | 315K | -0.6% | |||
| 57 | $PAYX | PAYCHEX INC | Technology | $35.7M | 0.4% | 363K | +0.4% | |||
| 58 | $CHD | CHURCH & DWIGHT CO INC /DE/ | Consumer Staples | $34.6M | 0.4% | 357K | -6% | |||
| 59 | $AOS | SMITH A O CORP | Technology | $33.4M | 0.4% | 532K | -8% | |||
| 60 | $SPY | SPDR S&P 500 ETF TRUST | — | $32.5M | 0.4% | 44K | -5% | |||
| 61 | $CTAS | CINTAS CORP | Consumer Discretionary | $32.4M | 0.4% | 190K | -0.1% | |||
| 62 | $DOV | DOVER Corp | Industrials | $32.0M | 0.4% | 143K | -0.4% | |||
| 63 | $CMI | CUMMINS INC | Industrials | $29.5M | 0.4% | 41K | -3% | |||
| 64 | $AXP | AMERICAN EXPRESS CO | Financials | $27.5M | 0.3% | 81K | -0.7% | |||
| 65 | $NOW | ServiceNow, Inc. | Technology | $27.3M | 0.3% | 275K | -3% | |||
| 66 | $GSK | GSK plc | Healthcare | $27.2M | 0.3% | 519K | — | |||
| 67 | $VZ | VERIZON COMMUNICATIONS INC | Communication Services | $27.2M | 0.3% | 642K | -2% | |||
| 68 | — | FIRST TR EXCHANGE-TRADED FD - SENIOR LN FD | — | $26.7M | 0.3% | 597K | -5% | |||
| 69 | $EQIX | EQUINIX INC | Real Estate | $26.7M | 0.3% | 26K | -0.8% | |||
| 70 | $QCOM | QUALCOMM INC/DE | Technology | $25.6M | 0.3% | 139K | +0.2% | |||
| 71 | $CGNX | COGNEX CORP | Technology | $23.9M | 0.3% | 331K | +2% | |||
| 72 | $MCO | MOODYS CORP /DE/ | Financials | $23.1M | 0.3% | 51K | +0.4% | |||
| 73 | $KO | COCA COLA CO | Consumer Staples | $21.9M | 0.3% | 270K | -4% | |||
| 74 | $CAT | CATERPILLAR INC | Industrials | $21.4M | 0.3% | 20K | +6% | |||
| 75 | — | ISHARES TR - CORE S&P SCP ETF | — | $20.5M | 0.3% | 138K | -2% | |||
| 76 | $KMX | CARMAX INC | Consumer Discretionary | $20.5M | 0.3% | 387K | -9% | |||
| 77 | $IBM | INTERNATIONAL BUSINESS MACHINES CORP | Technology | $19.6M | 0.2% | 70K | +30% | |||
| 78 | $INTC | INTEL CORP | Technology | $19.4M | 0.2% | 139K | -2% | |||
| 79 | $SHOP | SHOPIFY INC. | Technology | $18.2M | 0.2% | 159K | +4% | |||
| 80 | $ORCL | ORACLE CORP | Technology | $17.8M | 0.2% | 122K | +7% | |||
| 81 | $OTIS | Otis Worldwide Corp | Industrials | $17.0M | 0.2% | 238K | -3% | |||
| 82 | $GE | GENERAL ELECTRIC CO | Industrials | $16.5M | 0.2% | 44K | -4% | |||
| 83 | $EXPD | EXPEDITORS INTERNATIONAL OF WASHINGTON INC | Industrials | $16.3M | 0.2% | 100K | -0.4% | |||
| 84 | $EW | Edwards Lifesciences Corp | Healthcare | $16.2M | 0.2% | 179K | -0.4% | |||
| 85 | $OMC | OMNICOM GROUP INC. | Communication Services | $16.0M | 0.2% | 220K | -8% | |||
| 86 | $UBER | Uber Technologies, Inc | Technology | $16.0M | 0.2% | 222K | -0.9% | |||
| 87 | $EMR | EMERSON ELECTRIC CO | Industrials | $16.0M | 0.2% | 112K | +1% | |||
| 88 | — | ISHARES TR - PFD AND INCM SEC | — | $15.9M | 0.2% | 522K | -11% | |||
| 89 | $FISV | FISERV INC | Financials | $15.1M | 0.2% | 308K | -39% | |||
| 90 | $SNPS | SYNOPSYS INC | Technology | $14.9M | 0.2% | 33K | -0.2% | |||
| 91 | $TSCO | TRACTOR SUPPLY CO /DE/ | Consumer Discretionary | $13.2M | 0.2% | 418K | -12% | |||
| 92 | — | VANECK ETF TRUST - GOLD MINERS ETF | — | $12.8M | 0.2% | 169K | -10% | |||
| 93 | $NFLX | NETFLIX INC | Communication Services | $12.7M | 0.1% | 178K | +50% | |||
| 94 | — | ISHARES TR - CORE S&P500 ETF | — | $12.6M | 0.1% | 17K | -2% | |||
| 95 | $GEV | GE Vernova Inc. | Industrials | $12.5M | 0.1% | 11K | -4% | |||
| 96 | $ADI | ANALOG DEVICES INC | Technology | $10.8M | 0.1% | 27K | +5% | |||
| 97 | $CARR | CARRIER GLOBAL Corp | Industrials | $10.2M | 0.1% | 139K | -1% | |||
| 98 | $APD | Air Products & Chemicals, Inc. | Materials | $9.8M | 0.1% | 34K | +0.9% | |||
| 99 | — | VANGUARD INTL EQUITY INDEX F - ALLWRLD EX US | — | $9.8M | 0.1% | 117K | +4% | |||
| 100 | $SHW | SHERWIN WILLIAMS CO | Materials | $9.5M | 0.1% | 27K | +2% | |||
| 101 | $AMGN | AMGEN INC | Healthcare | $9.4M | 0.1% | 26K | +4% | |||
| 102 | $TXN | TEXAS INSTRUMENTS INC | Technology | $9.3M | 0.1% | 31K | +9% | |||
| 103 | $NVS | NOVARTIS AG | Healthcare | $9.1M | 0.1% | 58K | +0.6% | |||
| 104 | $SBUX | STARBUCKS CORP | Consumer Discretionary | $8.8M | 0.1% | 86K | +2% | |||
| 105 | $MZTI | MARZETTI CO | Consumer Staples | $8.2M | 0.1% | 72K | -0.4% | |||
| 106 | $MDB | MongoDB, Inc. | Technology | $8.2M | 0.1% | 24K | +4% | |||
| 107 | $PFE | PFIZER INC | Healthcare | $8.2M | 0.1% | 341K | -2% | |||
| 108 | $MMM | 3M CO | Healthcare | $8.0M | 0.1% | 49K | -2% | |||
| 109 | $PGR | PROGRESSIVE CORP/OH/ | Financials | $7.9M | 0.1% | 36K | -0.7% | |||
| 110 | $DUK | Duke Energy CORP | Utilities | $7.8M | 0.1% | 62K | -0.0% | |||
| 111 | — | ISHARES TR - RUSSELL 2000 ETF | — | $7.5M | 0.1% | 25K | -3% | |||
| 112 | $QQQ | INVESCO QQQ TRUST, SERIES 1 | — | $7.2M | 0.1% | 9,753 | -3% | |||
| 113 | $MA | Mastercard Inc | Financials | $6.7M | 0.1% | 13K | +6% | |||
| 114 | $IAU | ISHARES GOLD TRUST | Financials | $6.6M | 0.1% | 87K | — | |||
| 115 | $STT | STATE STREET CORP | Financials | $6.5M | 0.1% | 38K | -2% | |||
| 116 | $CHEF | Chefs' Warehouse, Inc. | Consumer Staples | $6.3M | 0.1% | 65K | +2% | |||
| 117 | $VLO | VALERO ENERGY CORP/TX | Energy | $6.2M | 0.1% | 24K | +1% | |||
| 118 | $AWK | American Water Works Company, Inc. | Utilities | $6.1M | 0.1% | 46K | -7% | |||
| 119 | $HLN | Haleon plc | Consumer Staples | $6.0M | 0.1% | 644K | — | |||
| 120 | $ITW | ILLINOIS TOOL WORKS INC | Industrials | $6.0M | 0.1% | 22K | -0.0% | |||
| 121 | $RPM | RPM INTERNATIONAL INC/DE/ | Materials | $5.9M | 0.1% | 53K | -13% | |||
| 122 | — | ISHARES TR - IBOXX INV CP ETF | — | $5.8M | 0.1% | 53K | -6% | |||
| 123 | — | ISHARES TR - TIPS BD ETF | — | $5.5M | 0.1% | 50K | +3% | |||
| 124 | — | ISHARES TR - RUS 2000 GRW ETF | — | $5.5M | 0.1% | 14K | -0.4% | |||
| 125 | — | ISHARES TR - CORE S&P MCP ETF | — | $5.5M | 0.1% | 71K | -10% | |||
| 126 | $TD | TORONTO DOMINION BANK | Financials | $5.2M | 0.1% | 43K | -0.2% | |||
| 127 | $BMY | BRISTOL MYERS SQUIBB CO | Healthcare | $5.2M | 0.1% | 91K | -4% | |||
| 128 | $UNP | UNION PACIFIC CORP | Industrials | $5.0M | 0.1% | 18K | +5% | |||
| 129 | $BDX | BECTON DICKINSON & CO | Healthcare | $5.0M | 0.1% | 33K | -13% | |||
| 130 | $AMAT | APPLIED MATERIALS INC /DE | Technology | $4.9M | 0.1% | 6,836 | +1% | |||
| 131 | $DE | DEERE & CO | Industrials | $4.6M | 0.1% | 7,269 | +16% | |||
| 132 | $SYY | SYSCO CORP | Consumer Discretionary | $4.5M | 0.1% | 54K | -2% | |||
| 133 | — | ISHARES TR - S&P 100 ETF | — | $4.5M | 0.1% | 12K | -7% | |||
| 134 | $CL | COLGATE PALMOLIVE CO | Consumer Staples | $4.4M | 0.1% | 48K | +2% | |||
| 135 | — | ISHARES TR - ISHS 1-5YR INVS | — | $4.3M | 0.1% | 83K | +37% | |||
| 136 | $CHKP | CHECK POINT SOFTWARE TECHNOLOGIES LTD | Technology | $4.2M | 0.1% | 32K | -5% | |||
| 137 | $UPS | UNITED PARCEL SERVICE INC | Industrials | $4.2M | 0.1% | 39K | -5% | |||
| 138 | — | ISHARES TR - CORE US AGGBD ET | — | $4.2M | 0.1% | 42K | +49% | |||
| 139 | $LMT | LOCKHEED MARTIN CORP | Industrials | $4.1M | 0.1% | 8,031 | +8% | |||
| 140 | — | VANGUARD INTL EQUITY INDEX F - FTSE EMR MKT ETF | — | $4.0M | 0.1% | 67K | +22% | |||
| 141 | $LNT | ALLIANT ENERGY CORP | Utilities | $3.8M | 0.1% | 50K | — | |||
| 142 | $META | Meta Platforms, Inc. | Technology | $3.8M | 0.1% | 49K | -15% | |||
| 143 | — | VANGUARD INDEX FDS - S&P 500 ETF SHS | — | $3.8M | 0.1% | 5,472 | +3% | |||
| 144 | $LOW | LOWES COMPANIES INC | Consumer Discretionary | $3.7M | 0.1% | 17K | +17% | |||
| 145 | — | ISHARES TR - RUS 1000 ETF | — | $3.7M | 0.0% | 9,037 | — | |||
| 146 | $BALL | BALL Corp | Industrials | $3.7M | 0.0% | 59K | -12% | |||
| 147 | $WFC | WELLS FARGO & COMPANY/MN | Financials | $3.7M | 0.0% | 45K | +2% | |||
| 148 | $ISRG | INTUITIVE SURGICAL INC | Healthcare | $3.7M | 0.0% | 9,218 | -0.7% | |||
| 149 | $GILD | GILEAD SCIENCES, INC. | Healthcare | $3.4M | 0.0% | 27K | +0.3% | |||
| 150 | — | SPDR SERIES TRUST - ST STR SP DIV | — | $3.4M | 0.0% | 22K | — |
What changed in Q2 2026
Against the previous quarter's 13F: 28 new, 120 added to, 168 trimmed, 7 sold out. Share-count changes; largest moves by dollar size first.
New positions (28)
$HONAHoneywell Aerospace Inc.$1.1M
first bought this quarter
$SNDKSandisk Corp$553K
first bought this quarter
$TTTrane Technologies plc$508K
first bought this quarter
- ISHARES TR - GLOBAL REIT ETF$418K
first bought this quarter
$LRCXLAM RESEARCH CORP$354K
first bought this quarter
$GLWCORNING INC /NY$315K
first bought this quarter
+22 more in the Excel export
Added to (120)
$BKNGBooking Holdings Inc.+2320%
now $46.9M · held 10+ qtrs
$METAMeta Platforms, Inc.+11%
now $83.8M · held 10+ qtrs, 6 adds in a row
$AVGOBroadcom Inc.+9%
now $99.4M · held 10+ qtrs, 9 adds in a row
$PANWPalo Alto Networks Inc+7%
now $109.9M · held 10+ qtrs, 4 adds in a row
now $207.1M · held 10+ qtrs
$IBMINTERNATIONAL BUSINESS MACHINES CORP+30%
now $19.6M · held 10+ qtrs
+114 more in the Excel export
Trimmed (168)
$MDYSPDR S&P MIDCAP 400 ETF TRUST-12%
now $100.0M · held 10+ qtrs, 3 trims in a row
$ROPROPER TECHNOLOGIES INC-22%
now $47.5M · held 10+ qtrs, 3 trims in a row
now $608.5M · held 10+ qtrs, 9 trims in a row
$FISVFISERV INC-39%
now $15.1M · held 10+ qtrs, 3 trims in a row
$ACNAccenture plc-74%
now $2.8M · held 10+ qtrs, 4 trims in a row
now $407.5M · held 10+ qtrs, 3 trims in a row
+162 more in the Excel export
Holdings by quarter
Every 13F WELCH & FORBES LLC has filed, 40 earlier quarters. Pick one to see what it held then.
Is it too late to follow WELCH & FORBES?
Q2 2026 13F filed with the SEC on Jul 30, 2026. Prices are closing prices as of Oct 26, 2026.
Average quality of WELCH & FORBES's top 20 holdings: 75/100 (our AI quality score, weighted by position size; 19 of the 20 are scored)
Top 10 since filing
+5.0%
Value-weighted move of the 10 largest stock positions
Turnover
1%
Last quarter; 4% over the last 4
Top 10 weight
38%
Share of the stock portfolio in its 10 largest positions
Held 4+ quarters
100%
Share of portfolio value in positions held a year or more
Highest-quality names it owns(among its 100 largest positions)
The 8 highest-scoring companies in this portfolio are a Pro feature.
How these are measured
- Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
- Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
- Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q1 2024 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
- Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
- Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.
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 $GOOG. 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 (34.1% of disclosed assets). All figures are sourced directly from WELCH & FORBES LLC’s Form 13F-HR filing with the SEC under CIK 105495.
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