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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
+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
AVGO icon
176
Broadcom
AVGO
$1.85T
$2.03M 0.03%
31,690
-450
-1% -$27.1K
INTU icon
177
Intuit
INTU
$86.3B
$2.03M 0.03%
4,554
+12
+0.3% +$4.93K
HAIN icon
178
Hain Celestial
HAIN
$44.4M
$2M 0.03%
116,331
-12,748
-10% -$232K
ZBH icon
179
Zimmer Biomet
ZBH
$18.4B
$1.94M 0.03%
15,026
– –
EFA icon
180
iShares MSCI EAFE ETF
EFA
$78.5B
$1.91M 0.03%
26,702
-1,447
-5% -$101K
PANW icon
181
Palo Alto Networks
PANW
$265B
$1.77M 0.03%
17,716
– –
TFC icon
182
Truist Financial
TFC
$63.5B
$1.74M 0.03%
51,013
-1,086
-2% -$47.4K
SHOP icon
183
Shopify
SHOP
$159B
$1.74M 0.03%
36,257
+13,717
+61% +$604K
DEO icon
184
Diageo
DEO
$49.5B
$1.68M 0.03%
9,284
-28
-0.3% -$4.94K
CPRT icon
185
Copart
CPRT
$27.4B
$1.67M 0.03%
44,516
– –
TSLA icon
186
Tesla
TSLA
$1.22T
$1.64M 0.03%
7,907
-773
-9% -$135K
AMT icon
187
American Tower
AMT
$81.3B
$1.6M 0.03%
7,842
-1,277
-14% -$268K
MPC icon
188
Marathon Petroleum
MPC
$91.7B
$1.59M 0.03%
11,760
– –
OEF icon
189
iShares S&P 100 ETF
OEF
$19.9B
$1.56M 0.03%
8,335
– –
PH icon
190
Parker-Hannifin
PH
$121B
$1.54M 0.03%
4,577
+2
+0% +$662
DVY icon
191
iShares Select Dividend ETF
DVY
$23.6B
$1.48M 0.03%
12,618
-171
-1% -$20.7K
IWR icon
192
iShares Russell Mid-Cap ETF
IWR
$56.1B
$1.45M 0.02%
20,721
– –
NVO
193
Novo Nordisk
NVO
$228B
$1.44M 0.02%
18,120
+30
+0.2% +$2.13K
IWB icon
194
iShares Russell 1000 ETF
IWB
$47.9B
$1.4M 0.02%
6,210
-225
-3% -$49.5K
MAS icon
195
Masco
MAS
$14.2B
$1.37M 0.02%
27,467
– –
VOO icon
196
Vanguard S&P 500 ETF
VOO
$972B
$1.34M 0.02%
3,570
– –
PSX icon
197
Phillips 66
PSX
$84.4B
$1.33M 0.02%
13,121
-28
-0.2% -$2.85K
PNC icon
198
PNC Financial Services
PNC
$99.2B
$1.32M 0.02%
10,417
-125
-1% -$18.8K
IEFA icon
199
iShares Core MSCI EAFE ETF
IEFA
$192B
$1.32M 0.02%
19,756
+8,980
+83% +$589K
GNTX icon
200
Gentex
GNTX
$5.03B
$1.32M 0.02%
46,950
– –
6 7
8
9 10

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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.