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
GSK icon
76
GSK
GSK
$104B
$22.4M 0.27%
518,597
-768
-0.1% -$30K
SHOP icon
77
Shopify
SHOP
$200B
$22.4M 0.27%
150,548
+4,432
+3% +$601K
OMC icon
78
Omnicom Group
OMC
$23.2B
$21.6M 0.26%
264,351
-147
-0.1% -$11.1K
PFF icon
79
iShares Preferred and Income Securities ETF
PFF
$13.2B
$20.4M 0.25%
645,491
-20,829
-3% -$655K
KO icon
80
Coca-Cola
KO
$374B
$19.2M 0.23%
288,794
-4,336
-1% -$298K
EQIX icon
81
Equinix
EQIX
$103B
$19.1M 0.23%
24,414
+3,944
+19% +$3.08M
CMI icon
82
Cummins
CMI
$87.4B
$19M 0.23%
45,085
-30
-0.1% -$11.5K
GDX icon
83
VanEck Gold Miners ETF
GDX
$27.6B
$17.6M 0.21%
230,269
-9,667
-4% -$582K
IJR icon
84
iShares Core S&P Small-Cap ETF
IJR
$112B
$16.4M 0.2%
137,641
+8,361
+6% +$962K
EMR icon
85
Emerson Electric
EMR
$88.5B
$15.4M 0.19%
117,254
-94
-0.1% -$12.8K
CGNX icon
86
Cognex
CGNX
$10.8B
$15.4M 0.19%
339,117
-5,148
-1% -$208K
IBM icon
87
IBM
IBM
$223B
$15.4M 0.18%
54,413
-4,746
-8% -$1.24M
EW icon
88
Edwards Lifesciences
EW
$53B
$14.2M 0.17%
182,624
-3,185
-2% -$249K
GE icon
89
GE Aerospace
GE
$380B
$13.9M 0.17%
46,292
-717
-2% -$196K
MZTI
90
The Marzetti Company
MZTI
$3.13B
$12.8M 0.15%
74,351
-2,081
-3% -$373K
EXPD icon
91
Expeditors International
EXPD
$23.3B
$12.6M 0.15%
103,038
-34
-0% -$4.04K
CMCSA icon
92
Comcast
CMCSA
$89.4B
$11.8M 0.14%
375,868
-98,790
-21% -$3.31M
IVV icon
93
iShares Core S&P 500 ETF
IVV
$904B
$11.7M 0.14%
17,450
+84
+0.5% +$54.1K
BSX icon
94
Boston Scientific
BSX
$73.1B
$10.9M 0.13%
111,941
-1,500
-1% -$155K
SHW icon
95
Sherwin-Williams
SHW
$88.1B
$9.38M 0.11%
27,088
-501
-2% -$177K
PFE icon
96
Pfizer
PFE
$154B
$9.32M 0.11%
365,618
-10,211
-3% -$252K
CAT icon
97
Caterpillar
CAT
$385B
$9.28M 0.11%
19,444
-313
-2% -$134K
APD icon
98
Air Products & Chemicals
APD
$68.6B
$9.25M 0.11%
33,924
-150
-0.4% -$43.4K
PGR icon
99
Progressive
PGR
$124B
$9.02M 0.11%
36,523
-960
-3% -$237K
SNPS icon
100
Synopsys
SNPS
$78.8B
$8.92M 0.11%
+18,075
New +$10.2M
2 3
4
5 6

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
AAF
Andra AP-fonden Goteborg, Sweden $8.39B AUM 21.19% 1-Year Est. Return
FMI
Fiduciary Management Inc Milwaukee, Wisconsin $8.06B AUM 6.78% 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.