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WF

Welch & Forbes Portfolio holdings

AUM $8.23B
1-Year Est. Return 17.62%
This Fund
S&P 500
This Quarter Est. Return
+4.57%
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
$7.49B
AUM Growth
+$209M
Cap. Flow
-$52.9M
Cap. Flow %
-0.71%
Top 10 Hldgs %
35.19%
Holding
384
New
6
Increased
86
Reduced
189
Closed
18

Top Buys

Rank Stock Value
1
XYL icon
Xylem
XYL
+$14.5M
2
EQIX icon
Equinix
EQIX
+$6.96M
3
AMZN icon
Amazon
AMZN
+$4.69M
4
AVGO icon
Broadcom
AVGO
+$4.14M
5
ADBE icon
Adobe
ADBE
+$3.92M

Top Sells

Rank Stock Value
1
NVDA icon
NVIDIA
NVDA
+$23M
2
SBUX icon
Starbucks
SBUX
+$11.4M
3
MDY icon
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
+$7.41M
4
TD icon
Toronto Dominion Bank
TD
+$6.18M
5
JNJ icon
Johnson & Johnson
JNJ
+$3.83M

Sector Composition

Rank Sector Weight
1 Technology 28.58%
2 Healthcare 16.97%
3 Financials 11.05%
4 Consumer Discretionary 10.58%
5 Industrials 8.52%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
GOOGL icon
26
Alphabet (Google) Class A
GOOGL
$4.08T
$84.9M 1.13%
451,436
-4,001
-0.9% -$674K
MTD icon
27
Mettler-Toledo International
MTD
$27.9B
$81.9M 1.09%
62,079
-548
-0.9% -$749K
IDXX icon
28
Idexx Laboratories
IDXX
$44.1B
$81.2M 1.08%
169,721
-505
-0.3% -$254K
AJG icon
29
Arthur J. Gallagher & Co
AJG
$65.9B
$80.5M 1.07%
305,752
-4,669
-2% -$1.16M
MCD icon
30
McDonald's
MCD
$191B
$78.7M 1.05%
317,185
+628
+0.2% +$167K
AMP icon
31
Ameriprise Financial
AMP
$48.1B
$78.4M 1.05%
181,813
-2,477
-1% -$1.06M
MDY icon
32
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.6B
$74.3M 0.99%
139,912
-13,778
-9% -$7.41M
IRM icon
33
Iron Mountain
IRM
$37.1B
$66M 0.88%
711,885
-15,756
-2% -$1.28M
ABT icon
34
Abbott
ABT
$183B
$65.7M 0.88%
645,512
-713
-0.1% -$75.6K
ADBE icon
35
Adobe
ADBE
$98.5B
$65.7M 0.88%
116,846
+8,104
+7% +$3.92M
KMX icon
36
CarMax
KMX
$8.33B
$64.6M 0.86%
891,548
-9,232
-1% -$665K
CVX icon
37
Chevron
CVX
$383B
$63.6M 0.85%
410,838
+5,861
+1% +$935K
ABBV icon
38
AbbVie
ABBV
$455B
$62.4M 0.83%
370,852
-924
-0.2% -$153K
RMD icon
39
ResMed
RMD
$30.3B
$62M 0.83%
325,391
+2,356
+0.7% +$478K
META icon
40
Meta Platforms (Facebook)
META
$1.37T
$57.4M 0.77%
110,967
+2,604
+2% +$1.27M
ADP icon
41
Automatic Data Processing
ADP
$105B
$57.4M 0.77%
244,205
-1,653
-0.7% -$406K
BRK.B icon
42
Berkshire Hathaway Class B
BRK.B
$1.1T
$52.4M 0.7%
128,142
-1,024
-0.8% -$418K
TMO icon
43
Thermo Fisher Scientific
TMO
$214B
$50.7M 0.68%
93,893
+25
+0% +$14.3K
CHD icon
44
Church & Dwight Co
CHD
$23.1B
$47.3M 0.63%
452,141
-508
-0.1% -$53.7K
MRK icon
45
Merck
MRK
$321B
$46.8M 0.63%
372,011
-1,621
-0.4% -$209K
PAYX icon
46
Paychex
PAYX
$41.4B
$45.6M 0.61%
389,429
-5,696
-1% -$696K
XYL icon
47
Xylem
XYL
$27.3B
$45.4M 0.61%
337,800
+106,856
+46% +$14.5M
AOS icon
48
A.O. Smith
AOS
$8.24B
$45.3M 0.6%
558,022
+1,216
+0.2% +$103K
CMCSA icon
49
Comcast
CMCSA
$84B
$45.1M 0.6%
1,183,288
+1,594
+0.1% +$62.4K
VEA icon
50
Vanguard FTSE Developed Markets ETF
VEA
$230B
$43.5M 0.58%
878,332
+13,449
+2% +$669K
1
2
3 4 5

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CCM
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CL
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WJWM
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Welch & Forbes's Q2 2024 Portfolio in Review

As of Q2 2024, Welch & Forbes held 384 positions worth $7.49B, up 2.9% from $7.28B the previous quarter. Its ten largest holdings account for 35% of the portfolio.

Welch & Forbes's Q2 2024 filing shows 6 new, 86 increased, 189 reduced and 18 closed positions. Its largest new stake was GE Vernova: 11,963 shares worth $2.07M. The largest sale was NVIDIA, an estimated $23M.

By sector, the portfolio is most concentrated in Technology at 29% of assets, up from 26% a quarter earlier, followed by Healthcare and Financials.

  • Welch & Forbes's largest Q2 2024 buy was GE Vernova: 11,963 shares worth $2.07M.
  • Welch & Forbes added most to Xylem in Q2 2024, an estimated $14.5M increase.
  • Welch & Forbes's biggest Q2 2024 reduction was NVIDIA, cutting an estimated $23M.
  • Welch & Forbes fully exited Bank OZK in Q2 2024, selling an estimated $700K.
  • Welch & Forbes's ten largest holdings make up 35% of its $7.49B portfolio in Q2 2024.
  • Welch & Forbes opened 6 new positions and closed 18 in Q2 2024.
  • Welch & Forbes's portfolio value rose 2.9% quarter-over-quarter to $7.49B.

Based on Welch & Forbes's 13F filing for Q2 2024, filed 2 Aug 2024.