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
+8.91%
1 Year Est. Return
+17.62%
3 Year Est. Return
+73.71%
5 Year Est. Return
+105.59%
10 Year Est. Return
+384.92%
AUM
$5.91B
AUM Growth
+$326M
Cap. Flow
-$37.6M
Cap. Flow %
-0.64%
Top 10 Hldgs %
30.4%
Holding
379
New
11
Increased
77
Reduced
181
Closed
14

Top Buys

Rank Stock Value
1
LHX icon
L3Harris
LHX
+$3.27M
2
NEE icon
NextEra Energy
NEE
+$3M
3
FTSL icon
First Trust Senior Loan Fund ETF
FTSL
+$2.36M
4
LECO icon
Lincoln Electric
LECO
+$2.06M
5
ACN icon
Accenture
ACN
+$1.48M

Top Sells

Rank Stock Value
1
MMM icon
3M
MMM
+$8.97M
2
ORLY icon
O'Reilly Automotive
ORLY
+$5M
3
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$4.87M
4
NVDA icon
NVIDIA
NVDA
+$3.74M
5
INTC icon
Intel
INTC
+$3.13M

Sector Composition

Rank Sector Weight
1 Technology 23.2%
2 Healthcare 20.23%
3 Consumer Discretionary 11.59%
4 Financials 11.47%
5 Industrials 8.23%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
USMV icon
226
iShares MSCI USA Min Vol Factor ETF
USMV
$23.5B
$1.04M 0.02%
14,345
– –
BIV icon
227
Vanguard Intermediate-Term Bond ETF
BIV
$28.9B
$1.04M 0.02%
13,525
-2,171
-14% -$164K
NTR icon
228
Nutrien
NTR
$33.9B
$1.03M 0.02%
14,006
+6
+0% +$463
GD icon
229
General Dynamics
GD
$103B
$1.01M 0.02%
4,405
+8
+0.2% +$1.85K
GPC icon
230
Genuine Parts
GPC
$17.2B
$999K 0.02%
5,969
-31
-0.5% -$5.22K
WM icon
231
Waste Management
WM
$90.5B
$992K 0.02%
6,082
+440
+8% +$67.4K
FAST icon
232
Fastenal
FAST
$53.5B
$991K 0.02%
36,746
– –
JILL icon
233
J. Jill
JILL
$265M
$990K 0.02%
38,000
– –
EBC icon
234
Eastern Bankshares
EBC
$5.29B
$984K 0.02%
78,000
– –
EL icon
235
Estee Lauder
EL
$30.7B
$980K 0.02%
3,976
-91
-2% -$23.1K
XYL icon
236
Xylem
XYL
$27.3B
$975K 0.02%
9,314
– –
BSM icon
237
Black Stone Minerals
BSM
$3.14B
$925K 0.02%
58,966
– –
VMW
238
DELISTED
VMware, Inc
VMW
$907K 0.02%
7,268
-380
-5% -$45.7K
SWK icon
239
Stanley Black & Decker
SWK
$14.4B
$907K 0.02%
11,251
-6,001
-35% -$505K
MUI
240
DELISTED
BlackRock Municipal Income Fund, Inc.
MUI
$858K 0.01%
73,446
-8,446
-10% -$98.1K
SLB icon
241
SLB Ltd
SLB
$72.6B
$858K 0.01%
17,465
+16
+0.1% +$850
AMAT icon
242
Applied Materials
AMAT
$398B
$828K 0.01%
6,739
– –
PPG icon
243
PPG Industries
PPG
$24.9B
$796K 0.01%
5,960
-418
-7% -$53.9K
WBA
244
DELISTED
Walgreens Boots Alliance
WBA
$772K 0.01%
22,332
-2,457
-10% -$87.2K
ALL icon
245
Allstate
ALL
$68.3B
$737K 0.01%
6,649
– –
WCN
246
Waste Connections
WCN
$41.9B
$731K 0.01%
5,253
+3
+0.1% +$399
BCE icon
247
BCE
BCE
$20.2B
$718K 0.01%
16,029
– –
APH icon
248
Amphenol
APH
$197B
$706K 0.01%
17,272
– –
PHO icon
249
Invesco Water Resources ETF
PHO
$2B
$694K 0.01%
13,000
– –
WAB icon
250
Wabtec
WAB
$49.4B
$693K 0.01%
6,854
-148
-2% -$15.1K
8 9
10
11 12

Similar funds

OC
Oppenheimer & Co New York $8.21B AUM 28.81% 1-Year Est. Return
LGF
LGT Group Foundation Vaduz, Liechtenstein $8.19B AUM 27.7% 1-Year Est. Return
CCM
Causeway Capital Management Los Angeles, California $8.15B AUM 29.28% 1-Year Est. Return
CL
Choreo LLC Rockford, Illinois $8.15B AUM 20.12% 1-Year Est. Return
WJWM
Williams Jones Wealth Management New York $8.14B AUM 19.32% 1-Year Est. Return
WA
Whitebox Advisors Minneapolis, Minnesota $8.12B AUM 15.85% 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

Welch & Forbes's Q1 2023 Portfolio in Review

As of Q1 2023, Welch & Forbes held 379 positions worth $5.91B, up 5.8% from $5.58B the previous quarter. Its ten largest holdings account for 30% of the portfolio.

Welch & Forbes's Q1 2023 filing shows 11 new, 77 increased, 181 reduced and 14 closed positions. Its largest new stake was GE HealthCare: 12,855 shares worth $1.05M. The largest sale was 3M, an estimated $8.97M.

By sector, the portfolio is most concentrated in Technology at 23% of assets, up from 20% a quarter earlier, followed by Healthcare and Consumer Discretionary.

  • Welch & Forbes's largest Q1 2023 buy was GE HealthCare: 12,855 shares worth $1.05M.
  • Welch & Forbes added most to L3Harris in Q1 2023, an estimated $3.27M increase.
  • Welch & Forbes's biggest Q1 2023 reduction was 3M, cutting an estimated $8.97M.
  • Welch & Forbes fully exited First Republic Bank in Q1 2023, selling an estimated $967K.
  • Welch & Forbes's ten largest holdings make up 30% of its $5.91B portfolio in Q1 2023.
  • Welch & Forbes opened 11 new positions and closed 14 in Q1 2023.
  • Welch & Forbes's portfolio value rose 5.8% quarter-over-quarter to $5.91B.

Based on Welch & Forbes's 13F filing for Q1 2023, filed 14 Apr 2023.