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WELCH & FORBES LLC — 13F Holdings & Portfolio

CIK 105495 · latest 13F-HR filed 2026-07-30

Backtest portfolio

WELCH & FORBES LLC manages $8.23B in 13F-reported U.S. long-equity assets across 388 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are NVDA (7.40%), AAPL (5.85%), GOOG (4.95%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 30 new positions, exited 10, added to 194, and trimmed 95.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Filer Information
Address
45 SCHOOL STREET
BOSTON, MA 02108
Phone
(617) 523-1635
Filing Manager
Welch & Forbes LLC
Boston, MA
Signatory
Todd Jundi
Chief Compliance Officer
Loading holdings…
AUM

$8.23B

Long-equity book

Holdings

388

Distinct positions

Period

2026-06-30

Filed 2026-07-30

Q/Q Activity

+30 / −10 / ↑194 / ↓95

vs 2026-03-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • ALPHABET INC$71.2M +21.2%
  • NVIDIA CORPORATION$68.5M +12.7%
  • PALO ALTO NETWORKS INC$61.8M +128.2%
  • APPLE INC$54.8M +12.9%
  • ELI LILLY & CO$52.4M +33.9%
Show all 194 →

Top Trims

  • CHEVRON CORPORATION-$16.8M -20.3%
  • ROPER TECHNOLOGIES INC-$16.2M -25.4%
  • ACCENTURE PLC IRELAND-$13.9M -83.5%
  • MCDONALDS CORP-$13.7M -14.5%
  • FISERV INC-$13.1M -46.5%
Show all 95 →

New Positions

  • HONEYWELL AEROSPACE INC$1.1M
  • HONEYWELL INTL INC$1.0M
  • SANDISK CORP$552.5K
  • TRANE TECHNOLOGIES PLC$507.9K
  • ISHARES TR$417.8K
Show all 30 →

Exited Positions

  • HONEYWELL INTL INC$2.2M
  • DUPONT DE NEMOURS INC$327.0K
  • BHP BILLITON LIMITED$263.2K
  • TEXTRON INC$252.2K
  • DOW HLDGS INC$243.2K
Show all 10 →
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 NVIDIA CORPORATION NVDA 67066G104 $608.5M 7.40% 3,041,196 SH
2 APPLE INC AAPL 037833100 $481.2M 5.85% 1,662,845 SH
3 ALPHABET INC GOOG 02079K107 $407.5M 4.95% 1,153,229 SH
4 MICROSOFT CORP MSFT 594918104 $331.0M 4.02% 887,243 SH
5 OREILLY AUTOMOTIVE INC ORLY 67103H107 $258.7M 3.14% 2,809,432 SH
6 VISA INC V 92826C839 $241.9M 2.94% 705,106 SH
7 JPMORGAN CHASE & CO JPM 46625H100 $211.3M 2.57% 645,494 SH
8 ELI LILLY & CO LLY 532457108 $207.1M 2.52% 172,704 SH
9 RTX CORPORATION RTX 75513E101 $203.0M 2.47% 1,069,878 SH
10 JOHNSON & JOHNSON JNJ 478160104 $167.1M 2.03% 657,989 SH
11 STRYKER CORPORATION SYK 863667101 $163.6M 1.99% 519,496 SH
12 COSTCO WHOLESALE CORPORATION COST 22160K105 $151.8M 1.84% 162,277 SH
13 HOME DEPOT INC HD 437076102 $151.1M 1.84% 428,508 SH
14 ALPHABET INC GOOGL 02079K305 $143.6M 1.74% 401,718 SH
15 AMAZON COM INC AMZN 023135106 $138.2M 1.68% 579,893 SH
16 CHUBB LIMITED CB H1467J104 $131.1M 1.59% 384,803 SH
17 ECOLAB INC ECL 278865100 $130.6M 1.59% 468,722 SH
18 TJX COS INC NEW TJX 872540109 $116.3M 1.41% 767,963 SH
19 DANAHER CORP DEL DHR 235851102 $114.0M 1.39% 598,324 SH
20 PROCTER & GAMBLE CO PG 742718109 $110.7M 1.34% 754,625 SH
21 PALO ALTO NETWORKS INC PANW 697435105 $109.9M 1.34% 322,392 SH
22 VERTEX PHARMACEUTICALS INC VRTX 92532F100 $109.9M 1.34% 221,304 SH
23 STATE STR SPDR S&P MIDCAP 40 MDY 78467Y107 $100.0M 1.22% 142,173 SH
24 BROADCOM INC AVGO 11135F101 $99.4M 1.21% 263,007 SH
25 IDEXX LABS INC IDXX 45168D104 $88.3M 1.07% 167,666 SH
26 WATSCO INC WSO 942622200 $87.2M 1.06% 209,280 SH
27 ABBVIE INC ABBV 00287Y109 $87.1M 1.06% 345,978 SH
28 META PLATFORMS INC META 30303M102 $83.8M 1.02% 148,710 SH
29 MCDONALDS CORP MCD 580135101 $80.8M 0.98% 298,932 SH
30 IRON MTN INC DEL IRM 46284V101 $80.8M 0.98% 639,322 SH
31 AMERIPRISE FINL INC AMP 03076C106 $78.5M 0.95% 171,132 SH
32 CISCO SYS INC CSCO 17275R102 $73.9M 0.90% 629,560 SH
33 METTLER TOLEDO INTERNATIONAL MTD 592688105 $72.9M 0.89% 57,090 SH
34 VANGUARD TAX-MANAGED FDS VEA 921943858 $67.7M 0.82% 950,233 SH
35 GALLAGHER ARTHUR J & CO AJG 363576109 $66.5M 0.81% 289,883 SH
36 CHEVRON CORPORATION CVX 166764100 $66.1M 0.80% 398,635 SH
37 RESMED INC RMD 761152107 $62.8M 0.76% 322,033 SH
38 NEXTERA ENERGY INC NEE 65339F101 $61.2M 0.74% 696,876 SH
39 WALMART INC WMT 931142103 $59.6M 0.72% 526,233 SH
40 BERKSHIRE HATHAWAY INC DEL BRK.B 084670702 $57.9M 0.70% 115,656 SH
41 LINCOLN ELEC HLDGS INC LECO 533900106 $55.5M 0.67% 208,918 SH
42 BANK OF AMER CORP BAC 060505104 $54.5M 0.66% 957,307 SH
43 PEPSICO INC PEP 713448108 $54.5M 0.66% 402,525 SH
44 LINDE PLC LIN G54950103 $54.0M 0.66% 104,115 SH
45 ABBOTT LABORATORIES ABT 002824100 $54.0M 0.66% 595,129 SH
46 CARLISLE COS INC CSL 142339100 $51.8M 0.63% 142,765 SH
47 AUTOMATIC DATA PROCESSING IN ADP 053015103 $50.0M 0.61% 223,090 SH
48 ROPER TECHNOLOGIES INC ROP 776696106 $47.5M 0.58% 140,495 SH
49 BOOKING HOLDINGS INC BKNG 09857L108 $46.9M 0.57% 263,055 SH
50 XYLEM INC XYL 98419M100 $46.8M 0.57% 395,967 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-07-30 $8.23B 388 0000105495-26-000003
2026-03-31 2026-05-01 $7.73B 368 0000105495-26-000002
2025-12-31 2026-02-10 $8.25B 374 0000105495-26-000001