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
+13.31%
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
$7.28B
AUM Growth
+$664M
Cap. Flow
-$62.1M
Cap. Flow %
-0.85%
Top 10 Hldgs %
32.73%
Holding
388
New
22
Increased
102
Reduced
191
Closed
10

Top Buys

Rank Stock Value
1
XYL icon
Xylem
XYL
+$21.5M
2
ADBE icon
Adobe
ADBE
+$6.74M
3
MDB icon
MongoDB
MDB
+$6.71M
4
NEE icon
NextEra Energy
NEE
+$4.48M
5
TMO icon
Thermo Fisher Scientific
TMO
+$3.5M

Top Sells

Rank Stock Value
1
NVDA icon
NVIDIA
NVDA
+$49.5M
2
MDY icon
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
+$16.3M
3
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$10.8M
4
VLTO icon
Veralto
VLTO
+$7.53M
5
AWK icon
American Water Works
AWK
+$7M

Sector Composition

Rank Sector Weight
1 Technology 25.84%
2 Healthcare 18.06%
3 Consumer Discretionary 11.78%
4 Financials 11.66%
5 Industrials 8.7%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
MTD icon
26
Mettler-Toledo International
MTD
$27.9B
$83.4M 1.14%
62,627
-1,304
-2% -$1.61M
AMZN icon
27
Amazon
AMZN
$2.53T
$83.4M 1.14%
462,107
+13,223
+3% +$2.21M
AMP icon
28
Ameriprise Financial
AMP
$48.1B
$80.8M 1.11%
184,290
-12,273
-6% -$4.91M
VRTX icon
29
Vertex Pharmaceuticals
VRTX
$122B
$80.7M 1.11%
192,941
+4,554
+2% +$1.93M
TJX icon
30
TJX Companies
TJX
$176B
$80.2M 1.1%
791,050
-524
-0.1% -$50.8K
KMX icon
31
CarMax
KMX
$8.33B
$78.5M 1.08%
900,780
+13,833
+2% +$1.05M
AJG icon
32
Arthur J. Gallagher & Co
AJG
$65.9B
$77.6M 1.07%
310,421
+9,293
+3% +$2.23M
ABT icon
33
Abbott
ABT
$183B
$73.4M 1.01%
646,225
+7,566
+1% +$867K
GOOGL icon
34
Alphabet (Google) Class A
GOOGL
$4.08T
$68.7M 0.94%
455,437
+1,317
+0.3% +$188K
ABBV icon
35
AbbVie
ABBV
$455B
$67.7M 0.93%
371,776
-10,200
-3% -$1.76M
RMD icon
36
ResMed
RMD
$30.3B
$64M 0.88%
323,035
+12,495
+4% +$2.29M
CVX icon
37
Chevron
CVX
$383B
$63.9M 0.88%
404,977
+13,550
+3% +$2.04M
ADP icon
38
Automatic Data Processing
ADP
$105B
$61.4M 0.84%
245,858
-776
-0.3% -$190K
IRM icon
39
Iron Mountain
IRM
$37.1B
$58.4M 0.8%
727,641
-3,937
-0.5% -$285K
ADBE icon
40
Adobe
ADBE
$98.5B
$54.9M 0.75%
108,742
+11,759
+12% +$6.74M
TMO icon
41
Thermo Fisher Scientific
TMO
$214B
$54.6M 0.75%
93,868
+6,231
+7% +$3.5M
BRK.B icon
42
Berkshire Hathaway Class B
BRK.B
$1.1T
$54.3M 0.75%
129,166
+173
+0.1% +$68K
META icon
43
Meta Platforms (Facebook)
META
$1.37T
$52.6M 0.72%
108,363
+2,008
+2% +$896K
CMCSA icon
44
Comcast
CMCSA
$84B
$51.2M 0.7%
1,181,694
-34,834
-3% -$1.5M
LECO icon
45
Lincoln Electric
LECO
$13.7B
$49.8M 0.68%
195,018
+11,016
+6% +$2.6M
AOS icon
46
A.O. Smith
AOS
$8.24B
$49.8M 0.68%
556,806
+6,656
+1% +$549K
MRK icon
47
Merck
MRK
$321B
$49.3M 0.68%
373,632
-7,214
-2% -$889K
PAYX icon
48
Paychex
PAYX
$41.4B
$48.5M 0.67%
395,125
-9,259
-2% -$1.12M
CHD icon
49
Church & Dwight Co
CHD
$23.1B
$47.2M 0.65%
452,649
+5,568
+1% +$557K
LIN icon
50
Linde
LIN
$235B
$43.7M 0.6%
94,181
+1,652
+2% +$715K
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 Q1 2024 Portfolio in Review

As of Q1 2024, Welch & Forbes held 388 positions worth $7.28B, up 10% from $6.62B the previous quarter. Its ten largest holdings account for 33% of the portfolio.

Welch & Forbes's Q1 2024 filing shows 22 new, 102 increased, 191 reduced and 10 closed positions. Its largest new stake was MongoDB: 16,429 shares worth $5.89M. The largest sale was NVIDIA, an estimated $49.5M.

By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 26% a quarter earlier, followed by Healthcare and Consumer Discretionary.

  • Welch & Forbes's largest Q1 2024 buy was MongoDB: 16,429 shares worth $5.89M.
  • Welch & Forbes added most to Xylem in Q1 2024, an estimated $21.5M increase.
  • Welch & Forbes's biggest Q1 2024 reduction was NVIDIA, cutting an estimated $49.5M.
  • Welch & Forbes fully exited Walgreens Boots Alliance in Q1 2024, selling an estimated $519K.
  • Welch & Forbes's ten largest holdings make up 33% of its $7.28B portfolio in Q1 2024.
  • Welch & Forbes opened 22 new positions and closed 10 in Q1 2024.
  • Welch & Forbes's portfolio value rose 10% quarter-over-quarter to $7.28B.

Based on Welch & Forbes's 13F filing for Q1 2024, filed 3 May 2024.