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
+4.95%
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
$3.17B
AUM Growth
+$11.1M
Cap. Flow
-$121M
Cap. Flow %
-3.83%
Top 10 Hldgs %
22.62%
Holding
353
New
18
Increased
114
Reduced
136
Closed
24

Top Buys

Rank Stock Value
1
NE
Noble Corporation
NE
+$14M
2
WMT icon
Walmart Inc
WMT
+$4.45M
3
OTEX icon
Open Text
OTEX
+$4.03M
4
TJX icon
TJX Companies
TJX
+$3.63M
5
V icon
Visa
V
+$2.89M

Top Sells

Rank Stock Value
1
ANSS
Ansys
ANSS
+$45.1M
2
APA icon
APA Corp
APA
+$22.8M
3
BUD icon
AB InBev
BUD
+$20.6M
4
AMP icon
Ameriprise Financial
AMP
+$16.1M
5
PRGO icon
Perrigo
PRGO
+$10.4M

Sector Composition

Rank Sector Weight
1 Healthcare 18.17%
2 Industrials 13.79%
3 Technology 13.42%
4 Financials 9.99%
5 Energy 9.36%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
ROK icon
276
Rockwell Automation
ROK
$52.4B
$332K 0.01%
2,650
– –
ES icon
277
Eversource Energy
ES
$27.8B
$324K 0.01%
6,856
– –
HIG icon
278
Hartford Financial Services
HIG
$39.2B
$324K 0.01%
9,054
+342
+4% +$12K
NKE icon
279
Nike
NKE
$62.7B
$319K 0.01%
8,216
-5,492
-40% -$204K
CSX icon
280
CSX Corp
CSX
$93B
$313K 0.01%
30,522
+1,752
+6% +$17.1K
SM icon
281
SM Energy
SM
$7.58B
$302K 0.01%
3,600
+500
+16% +$38.3K
IBN icon
282
ICICI Bank
IBN
$109B
$299K 0.01%
33,000
-2,563
-7% -$22.1K
IVV icon
283
iShares Core S&P 500 ETF
IVV
$872B
$299K 0.01%
1,520
– –
FDX icon
284
FedEx
FDX
$73B
$296K 0.01%
1,958
-150
-7% -$21K
SLF icon
285
Sun Life Financial
SLF
$45.9B
$296K 0.01%
8,060
– –
PEG icon
286
Public Service Enterprise Group
PEG
$38.6B
$291K 0.01%
+7,136
New +$277K
NOV icon
287
NOV
NOV
$6.93B
$289K 0.01%
+3,505
New +$261K
RDS.B
288
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
$288K 0.01%
3,309
– –
GPC icon
289
Genuine Parts
GPC
$17.2B
$284K 0.01%
3,240
+20
+0.6% +$1.72K
RGP
290
DELISTED
REGENCY ENERGY PARTNERS LP COMMON UTS REP LIMITED PART INTS
RGP
$282K 0.01%
8,760
+50
+0.6% +$1.41K
LNKD
291
DELISTED
LinkedIn Corporation
LNKD
$272K 0.01%
1,588
+25
+2% +$4.04K
EWZ icon
292
iShares MSCI Brazil ETF
EWZ
$9.25B
$270K 0.01%
5,650
-4,100
-42% -$196K
CNI icon
293
Canadian National Railway
CNI
$76.9B
$267K 0.01%
+4,114
New +$245K
DFS
294
DELISTED
Discover Financial Services
DFS
$264K 0.01%
4,261
– –
ANDX
295
DELISTED
Andeavor Logistics LP
ANDX
$264K 0.01%
3,600
– –
MAN icon
296
ManpowerGroup
MAN
$2.41B
$260K 0.01%
3,070
– –
IGIB icon
297
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
$18.5B
$259K 0.01%
4,700
– –
SHPG
298
DELISTED
Shire pic
SHPG
$259K 0.01%
+1,100
New +$191K
EPB
299
DELISTED
EL PASO PIPELINE PARTNERS, L.P. COM UNITS REPSTG LTD PART
EPB
$250K 0.01%
6,907
– –
BKNG icon
300
Booking.com
BKNG
$150B
$247K 0.01%
+5,125
New +$246K
10 11
12
13 14

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 Q2 2014 Portfolio in Review

As of Q2 2014, Welch & Forbes held 353 positions worth $3.17B, up 0.35% from $3.16B the previous quarter. Its ten largest holdings account for 23% of the portfolio.

Welch & Forbes withdrew a net $121M in Q2 2014, closing 24 positions and reducing 136 holdings. Its most notable exit was Ansys, an estimated $45.1M position sold in full.

By sector, the portfolio is most concentrated in Healthcare at 18% of assets, up from 18% a quarter earlier, followed by Industrials and Technology.

Against the trend, Welch & Forbes opened a new position in Noble Corporation worth $14.9M.

  • Welch & Forbes's largest Q2 2014 buy was Noble Corporation: 509,476 shares worth $14.9M.
  • Welch & Forbes added most to Walmart Inc in Q2 2014, an estimated $4.45M increase.
  • Welch & Forbes's biggest Q2 2014 reduction was Expeditors International, cutting an estimated $4.83M.
  • Welch & Forbes fully exited Ansys in Q2 2014, selling an estimated $45.1M.
  • Welch & Forbes's ten largest holdings make up 23% of its $3.17B portfolio in Q2 2014.
  • Welch & Forbes opened 18 new positions and closed 24 in Q2 2014.
  • Welch & Forbes's portfolio value rose 0.35% quarter-over-quarter to $3.17B.

Based on Welch & Forbes's 13F filing for Q2 2014, filed 31 Jul 2014.