Godshalk Welsh Capital Management, Inc. — 13F Holdings & Portfolio
CIK 1631775 · latest 13F-HR filed 2026-08-14
Godshalk Welsh Capital Management, Inc. manages $185.6M in 13F-reported U.S. long-equity assets across 137 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are AAPL (5.02%), MSFT (3.96%), GOOGL (3.42%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 10 new positions, exited 2, added to 68, and trimmed 19.
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.
SUITE 100
RADNOR, PA 19087
$185.6M
Long-equity book
137
Distinct positions
2026-06-30
Filed 2026-08-14
+10 / −2 / ↑68 / ↓19
vs 2026-03-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- Corning Inc$1.6M +86.8%
- Cisco Systems Inc$1.4M +48.6%
- Alphabet Inc Cl A$1.2M +23.5%
- Apple Inc$1.1M +13.6%
- Alphabet Inc Cl C$753.8K +23.2%
Top Trims
- Intuit Inc-$1.5M -45.5%
- Chevron Corp-$430.9K -19.9%
- Zoetis Inc-$357.8K -38.6%
- Honeywell International Inc-$349.1K -50.5%
- Costco Wholesale Corp-$321.0K -5.7%
New Positions
- Honeywell Aerospace Inc$337.8K
- Intel Corp$317.7K
- Lilly Eli & Co$251.9K
- Elevance Health$241.7K
- Carrier Global Corp$232.9K
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 | Apple Inc | AAPL | 037833100 | $9.3M | 5.02% | 32,177 | SH |
| 2 | Microsoft Corporation | MSFT | 594918104 | $7.4M | 3.96% | 19,725 | SH |
| 3 | Alphabet Inc Cl A | GOOGL | 02079K305 | $6.4M | 3.42% | 17,769 | SH |
| 4 | Costco Wholesale Corp | COST | 22160K105 | $5.3M | 2.86% | 5,674 | SH |
| 5 | Berkshire Hathaway Inc Cl B | BRK.B | 084670702 | $4.4M | 2.38% | 8,813 | SH |
| 6 | Oracle Corp | ORCL | 68389X105 | $4.3M | 2.32% | 29,360 | SH |
| 7 | Cisco Systems Inc | CSCO | 17275R102 | $4.3M | 2.30% | 36,395 | SH |
| 8 | Alphabet Inc Cl C | GOOG | 02079K107 | $4.0M | 2.16% | 11,340 | SH |
| 9 | iShares Russell 2000 Index | IWM | 464287655 | $3.8M | 2.06% | 12,720 | SH |
| 10 | iShares iBonds Dec 2028 Term C | IBDT | 46435U515 | $3.7M | 1.97% | 144,850 | SH |
| 11 | American Express | AXP | 025816109 | $3.6M | 1.96% | 10,745 | SH |
| 12 | Corning Inc | GLW | 219350105 | $3.4M | 1.84% | 13,350 | SH |
| 13 | Invesco S&P 500 Eq Wt | RSP | 46137V357 | $3.2M | 1.74% | 15,205 | SH |
| 14 | WR Berkley Corp | WRB | 084423102 | $3.2M | 1.72% | 45,158 | SH |
| 15 | iShares iBonds Dec 2029 Term C | IBDU | 46436E205 | $3.2M | 1.71% | 136,800 | SH |
| 16 | Globus Medical Inc A | GMED | 379577208 | $3.2M | 1.70% | 40,000 | SH |
| 17 | JP Morgan Chase & Co | JPM | 46625H100 | $3.1M | 1.65% | 9,370 | SH |
| 18 | iShares iBonds Dec 2027 Term C | IBDS | 46435UAA9 | $3.1M | 1.65% | 126,585 | SH |
| 19 | Johnson & Johnson | JNJ | 478160104 | $3.0M | 1.60% | 11,701 | SH |
| 20 | iShares Core MSCI EAFE | IEFA | 46432F842 | $2.7M | 1.45% | 27,845 | SH |
| 21 | Bank of America Corp | BAC | 060505104 | $2.5M | 1.35% | 43,870 | SH |
| 22 | Fidelity High Dividend | FDVV | 316092840 | $2.5M | 1.34% | 41,104 | SH |
| 23 | iShares iBonds Dec 2030 Term C | IBDV | 46436E726 | $2.2M | 1.20% | 101,850 | SH |
| 24 | iShares iBonds Dec 2026 Term C | IBDR | 46435GAA0 | $2.2M | 1.18% | 90,125 | SH |
| 25 | T Rowe Price Capital Apprec Eq | TCAF | 87283Q867 | $2.1M | 1.14% | 51,500 | SH |
| 26 | Procter & Gamble | PG | 742718109 | $2.1M | 1.13% | 14,345 | SH |
| 27 | Home Depot Inc | HD | 437076102 | $2.0M | 1.07% | 5,614 | SH |
| 28 | Taiwan Semiconductor Mfg ADR | TSM | 874039100 | $1.9M | 1.05% | 4,065 | SH |
| 29 | TJX Companies Inc | TJX | 872540109 | $1.9M | 1.03% | 12,565 | SH |
| 30 | Sysco Corporation | SYY | 871829107 | $1.9M | 1.01% | 22,500 | SH |
| 31 | Valero Energy Corp | VLO | 91913Y100 | $1.9M | 1.01% | 7,200 | SH |
| 32 | Waste Management Inc | WM | 94106L109 | $1.9M | 1.00% | 8,355 | SH |
| 33 | Automatic Data Processing | ADP | 053015103 | $1.8M | 0.96% | 7,975 | SH |
| 34 | Intuit Inc | INTU | 461202103 | $1.7M | 0.94% | 6,670 | SH |
| 35 | Chevron Corp | CVX | 166764100 | $1.7M | 0.94% | 10,475 | SH |
| 36 | Lowes Companies Inc | LOW | 548661107 | $1.6M | 0.89% | 7,480 | SH |
| 37 | Paychex Inc | PAYX | 704326107 | $1.6M | 0.88% | 16,655 | SH |
| 38 | Walmart Inc | WMT | 931142103 | $1.6M | 0.84% | 13,835 | SH |
| 39 | RTX Corp | RTX | 75513E101 | $1.5M | 0.82% | 8,021 | SH |
| 40 | Merck & Co | MRK | 58933Y105 | $1.5M | 0.81% | 11,735 | SH |
| 41 | Vanguard Div Appreciation | VIG | 921908844 | $1.5M | 0.79% | 6,234 | SH |
| 42 | iShares iBonds Dec 2031 Term C | IBDW | 46436E486 | $1.4M | 0.77% | 68,550 | SH |
| 43 | SPDR S&P 500 | SPY | 78462F103 | $1.4M | 0.75% | 1,875 | SH |
| 44 | Starbucks Corp | SBUX | 855244109 | $1.4M | 0.75% | 13,610 | SH |
| 45 | iShares Short Term Nat Muni Bd | SUB | 464288158 | $1.4M | 0.74% | 12,850 | SH |
| 46 | iShares Core Moderate Allocati | AOM | 464289875 | $1.4M | 0.73% | 27,229 | SH |
| 47 | Ecolab Inc | ECL | 278865100 | $1.4M | 0.73% | 4,860 | SH |
| 48 | AbbVie Inc | ABBV | 00287Y109 | $1.3M | 0.70% | 5,181 | SH |
| 49 | Visa Inc | V | 92826C839 | $1.3M | 0.69% | 3,745 | SH |
| 50 | iShares iBonds Dec 2028 Term M | IBMQ | 46435U325 | $1.3M | 0.68% | 49,500 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-14 | $185.6M | 137 | 0001631775-26-000003 |
| 2026-03-31 | 2026-05-13 | $172.5M | 129 | 0001631775-26-000002 |
| 2025-12-31 | 2026-02-12 | $175.1M | 132 | 0001631775-26-000001 |
| 2025-09-30 | 2025-11-14 | $174.3M | 131 | 0001631775-25-000006 |