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
+11.73%
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
$5.58B
AUM Growth
+$459M
Cap. Flow
-$69.3M
Cap. Flow %
-1.24%
Top 10 Hldgs %
29.39%
Holding
389
New
19
Increased
84
Reduced
179
Closed
21

Top Buys

Rank Stock Value
1
GSK icon
GSK
GSK
+$17.4M
2
LECO icon
Lincoln Electric
LECO
+$9.55M
3
VEA icon
Vanguard FTSE Developed Markets ETF
VEA
+$7.33M
4
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$5.54M
5
HLN icon
Haleon
HLN
+$4.42M

Top Sells

Rank Stock Value
1
SWK icon
Stanley Black & Decker
SWK
+$12.2M
2
META icon
Meta Platforms (Facebook)
META
+$8.4M
3
DXJ icon
WisdomTree Japan Hedged Equity Fund
DXJ
+$7M
4
BALL icon
Ball Corp
BALL
+$6.38M
5
FTSL icon
First Trust Senior Loan Fund ETF
FTSL
+$5.38M

Sector Composition

Rank Sector Weight
1 Healthcare 21.37%
2 Technology 20.21%
3 Financials 12.4%
4 Consumer Discretionary 12.04%
5 Consumer Staples 8.38%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CVX icon
26
Chevron
CVX
$383B
$66.9M 1.2%
372,743
-106
-0% -$18.5K
ECL icon
27
Ecolab
ECL
$78.6B
$65.1M 1.17%
447,371
-10,534
-2% -$1.55M
AMP icon
28
Ameriprise Financial
AMP
$48.1B
$64.2M 1.15%
206,058
-4,064
-2% -$1.24M
RMD icon
29
ResMed
RMD
$30.3B
$63.8M 1.14%
306,332
-6,062
-2% -$1.33M
TJX icon
30
TJX Companies
TJX
$176B
$63.5M 1.14%
798,152
-567
-0.1% -$41.9K
ADP icon
31
Automatic Data Processing
ADP
$105B
$60.6M 1.09%
253,630
-2,825
-1% -$694K
KMX icon
32
CarMax
KMX
$8.33B
$58.3M 1.05%
957,855
-61,187
-6% -$3.93M
AJG icon
33
Arthur J. Gallagher & Co
AJG
$65.9B
$55.5M 0.99%
294,108
-3,022
-1% -$565K
VRTX icon
34
Vertex Pharmaceuticals
VRTX
$122B
$54.3M 0.97%
188,171
-1,287
-0.7% -$392K
WSO icon
35
Watsco Inc
WSO
$12.8B
$53.5M 0.96%
214,369
-4,055
-2% -$1.07M
PAYX icon
36
Paychex
PAYX
$41.4B
$50.6M 0.91%
437,473
-569
-0.1% -$66.6K
MRK icon
37
Merck
MRK
$321B
$44.9M 0.8%
404,742
-377
-0.1% -$38.5K
TMO icon
38
Thermo Fisher Scientific
TMO
$214B
$44.6M 0.8%
81,069
-307
-0.4% -$163K
LLY icon
39
Eli Lilly
LLY
$1.03T
$44.4M 0.8%
121,244
-350
-0.3% -$124K
CMCSA icon
40
Comcast
CMCSA
$84B
$42.7M 0.77%
1,220,727
-102,134
-8% -$3.38M
GOOGL icon
41
Alphabet (Google) Class A
GOOGL
$4.08T
$41M 0.73%
464,469
-3,337
-0.7% -$317K
BRK.B icon
42
Berkshire Hathaway Class B
BRK.B
$1.1T
$40.9M 0.73%
132,280
-1,612
-1% -$479K
BAC icon
43
Bank of America
BAC
$433B
$38M 0.68%
1,146,397
-4,255
-0.4% -$147K
XOM icon
44
ExxonMobil
XOM
$651B
$37.5M 0.67%
340,365
+3,801
+1% +$407K
IRM icon
45
Iron Mountain
IRM
$37.1B
$37.4M 0.67%
750,145
+12,087
+2% +$610K
CHD icon
46
Church & Dwight Co
CHD
$23.1B
$35.7M 0.64%
442,508
-2,776
-0.6% -$213K
AMZN icon
47
Amazon
AMZN
$2.53T
$35.5M 0.64%
422,633
-21,390
-5% -$2.11M
AFL icon
48
Aflac
AFL
$64.8B
$34.7M 0.62%
481,773
-13,063
-3% -$875K
EMLP icon
49
First Trust North American Energy Infrastructure Fund
EMLP
$4.09B
$31.2M 0.56%
1,170,573
+2,228
+0.2% +$59.2K
VEA icon
50
Vanguard FTSE Developed Markets ETF
VEA
$230B
$31.2M 0.56%
743,970
+180,889
+32% +$7.33M
1
2
3 4 5

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 Q4 2022 Portfolio in Review

As of Q4 2022, Welch & Forbes held 389 positions worth $5.58B, up 9% from $5.12B the previous quarter. Its ten largest holdings account for 29% of the portfolio.

Welch & Forbes's Q4 2022 filing shows 19 new, 84 increased, 179 reduced and 21 closed positions. Its largest new stake was GSK: 521,101 shares worth $18.3M. The largest sale was Stanley Black & Decker, an estimated $12.2M.

By sector, the portfolio is most concentrated in Healthcare at 21% of assets, up from 21% a quarter earlier, followed by Technology and Financials.

  • Welch & Forbes's largest Q4 2022 buy was GSK: 521,101 shares worth $18.3M.
  • Welch & Forbes added most to Lincoln Electric in Q4 2022, an estimated $9.55M increase.
  • Welch & Forbes's biggest Q4 2022 reduction was Stanley Black & Decker, cutting an estimated $12.2M.
  • Welch & Forbes fully exited WisdomTree Japan Hedged Equity Fund in Q4 2022, selling an estimated $7M.
  • Welch & Forbes's ten largest holdings make up 29% of its $5.58B portfolio in Q4 2022.
  • Welch & Forbes opened 19 new positions and closed 21 in Q4 2022.
  • Welch & Forbes's portfolio value rose 9% quarter-over-quarter to $5.58B.

Based on Welch & Forbes's 13F filing for Q4 2022, filed 2 Feb 2023.