We are live on ! Find out more
WF

Welch & Forbes Portfolio holdings

AUM $8.23B
1-Year Est. Return 17.62%
This Fund
S&P 500
This Quarter Est. Return
+7.38%
1 Year Est. Return
+17.62%
3 Year Est. Return
+73.71%
5 Year Est. Return
+105.59%
10 Year Est. Return
+384.93%
AUM
$8.3B
AUM Growth
+$295M
Cap. Flow
-$153M
Cap. Flow %
-1.85%
Top 10 Hldgs %
38.13%
Holding
388
New
16
Increased
67
Reduced
184
Closed
5

Top Buys

Rank Stock Value
1
PANW icon
Palo Alto Networks
PANW
+$24.7M
2
LLY icon
Eli Lilly
LLY
+$14M
3
BKNG icon
Booking.com
BKNG
+$12.7M
4
SNPS icon
Synopsys
SNPS
+$10.2M
5
UBER icon
Uber
UBER
+$8.27M

Top Sells

Rank Stock Value
1
ANSS
Ansys
ANSS
+$134M
2
DHR icon
Danaher
DHR
+$14.5M
3
NVDA icon
NVIDIA
NVDA
+$13.2M
4
PEP icon
PepsiCo
PEP
+$13.1M
5
ORLY icon
O'Reilly Automotive
ORLY
+$6.13M

Sector Composition

Rank Sector Weight
1 Technology 27.79%
2 Healthcare 15.42%
3 Financials 12.12%
4 Consumer Discretionary 11.58%
5 Industrials 9.14%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
META icon
26
Meta Platforms (Facebook)
META
$1.54T
$92.7M 1.12%
126,162
+2,132
+2% +$1.59M
AJG icon
27
Arthur J. Gallagher & Co
AJG
$63.7B
$90.7M 1.09%
292,770
-1,821
-0.6% -$549K
RMD icon
28
ResMed
RMD
$31.5B
$90.3M 1.09%
329,836
-1,742
-0.5% -$476K
VRTX icon
29
Vertex Pharmaceuticals
VRTX
$135B
$86.3M 1.04%
220,346
+3,102
+1% +$1.3M
WSO icon
30
Watsco Inc
WSO
$13.5B
$86.2M 1.04%
213,231
+1,041
+0.5% +$445K
AMP icon
31
Ameriprise Financial
AMP
$49.2B
$85.9M 1.03%
174,884
-1,069
-0.6% -$548K
ABT icon
32
Abbott
ABT
$188B
$84.6M 1.02%
631,865
-2,270
-0.4% -$298K
ABBV icon
33
AbbVie
ABBV
$434B
$80.7M 0.97%
348,371
-1,539
-0.4% -$313K
MTD icon
34
Mettler-Toledo International
MTD
$28.6B
$73.3M 0.88%
59,721
-613
-1% -$768K
AVGO icon
35
Broadcom
AVGO
$2.05T
$69.9M 0.84%
211,870
+6,979
+3% +$2.14M
IRM icon
36
Iron Mountain
IRM
$36.2B
$67.2M 0.81%
658,992
-9,946
-1% -$958K
ADP icon
37
Automatic Data Processing
ADP
$108B
$67.1M 0.81%
228,549
-8,875
-4% -$2.67M
CVX icon
38
Chevron
CVX
$377B
$64.5M 0.78%
415,208
-380
-0.1% -$58.9K
PEP icon
39
PepsiCo
PEP
$188B
$61.9M 0.75%
440,826
-91,963
-17% -$13.1M
BRK.B icon
40
Berkshire Hathaway Class B
BRK.B
$1.15T
$60.7M 0.73%
120,658
-528
-0.4% -$256K
VEA icon
41
Vanguard FTSE Developed Markets ETF
VEA
$236B
$58.9M 0.71%
982,158
+7,507
+0.8% +$438K
XYL icon
42
Xylem
XYL
$28.5B
$58M 0.7%
393,371
+12,036
+3% +$1.67M
BKNG icon
43
Booking.com
BKNG
$159B
$58M 0.7%
268,525
+56,850
+27% +$12.7M
WMT icon
44
Walmart Inc
WMT
$885B
$54.6M 0.66%
529,371
+2,881
+0.5% +$287K
BAC icon
45
Bank of America
BAC
$446B
$51.9M 0.63%
1,005,865
-6,210
-0.6% -$303K
LECO icon
46
Lincoln Electric
LECO
$15.3B
$50.8M 0.61%
215,364
-92
-0% -$21.5K
NEE icon
47
NextEra Energy
NEE
$176B
$50.8M 0.61%
672,709
+5,297
+0.8% +$387K
NOW icon
48
ServiceNow
NOW
$130B
$49.7M 0.6%
270,230
+8,170
+3% +$1.53M
LIN icon
49
Linde
LIN
$225B
$49.3M 0.59%
103,758
+631
+0.6% +$299K
PAYX icon
50
Paychex
PAYX
$42.6B
$47.1M 0.57%
371,545
-2,283
-0.6% -$317K
1
2
3 4 5

Similar funds

CCM
Causeway Capital Management Los Angeles, California $8.15B AUM 29.28% 1-Year Est. Return
WA
Whitebox Advisors Minneapolis, Minnesota $8.12B AUM 15.82% 1-Year Est. Return
GGHC
Gilder Gagnon Howe & Co New York $8.34B AUM 46.58% 1-Year Est. Return
CCM
Coldstream Capital Management Bellevue, Washington $8.12B AUM 17.95% 1-Year Est. Return
FIA
Foundations Investment Advisors Phoenix, Arizona $8.07B AUM 24.97% 1-Year Est. Return
VIM
Vinva Investment Management Sydney, Australia $8.07B AUM 29.46% 1-Year Est. Return
MAM
Madison Asset Management Madison, Wisconsin $8.06B AUM 11.81% 1-Year Est. Return
AAF
Andra AP-fonden Goteborg, Sweden $8.39B AUM 21.19% 1-Year Est. Return

Welch & Forbes's Q3 2025 Portfolio in Review

As of Q3 2025, Welch & Forbes held 388 positions worth $8.3B, up 3.7% from $8.01B the previous quarter. Its ten largest holdings account for 38% of the portfolio.

Welch & Forbes's Q3 2025 filing shows 16 new, 67 increased, 184 reduced and 5 closed positions. Its largest new stake was Synopsys: 18,075 shares worth $8.92M. The largest sale was Ansys, an estimated $134M.

By sector, the portfolio is most concentrated in Technology at 28% of assets, down from 28% a quarter earlier, followed by Healthcare and Financials.

  • Welch & Forbes's largest Q3 2025 buy was Synopsys: 18,075 shares worth $8.92M.
  • Welch & Forbes added most to Palo Alto Networks in Q3 2025, an estimated $24.7M increase.
  • Welch & Forbes's biggest Q3 2025 reduction was Danaher, cutting an estimated $14.5M.
  • Welch & Forbes fully exited Ansys in Q3 2025, selling an estimated $134M.
  • Welch & Forbes's ten largest holdings make up 38% of its $8.3B portfolio in Q3 2025.
  • Welch & Forbes opened 16 new positions and closed 5 in Q3 2025.
  • Welch & Forbes's portfolio value rose 3.7% quarter-over-quarter to $8.3B.

Based on Welch & Forbes's 13F filing for Q3 2025, filed 4 Nov 2025.