W&
Welch & Forbes LLC
Welch & Forbes LLC · Investor
1Y performance ⓘ
+14%
AUM (13F)
$7.7B
# of Holdings
368
3Y performance ⓘ
+61%
vs S&P 500 ⓘ
−11%
Updated
Mar 31
Welch & Forbes LLC's Welch & Forbes LLC holds 368 U.S.-equity positions worth $7.7B (SEC 13F, Q1 2026). Top positions: NVIDIA CORP 7.0%, Apple Inc. 5.5%, Alphabet Inc. Class C Capital Stock 4.3%. 13F-replication return is +61% over 3 years (-11 pts vs the S&P 500) — a replicated, non-audited figure.
Holdings
| Stock | % of portfolio | Shares | Value | Latest activity | Avg buy price | Current price | Date |
|---|---|---|---|---|---|---|---|
| NVDA NVIDIA CORP | 7.0% | 3.1M | $540M | ▼ 7.2% (−241K) | $277.77 | $208.65 (−25%) | 2026-03-31 |
| AAPL Apple Inc. | 5.5% | 1.7M | $426M | ▼ 1.3% (−22K) | $164.90 | $297.01 (+80%) | 2026-03-31 |
| GOOG Alphabet Inc. Class C Capital Stock | 4.3% | 1.2M | $336M | ▼ 1.2% (−15K) | $104.00 | $348.78 (+235%) | 2026-03-31 |
| MSFT MICROSOFT CORP | 4.2% | 882K | $326M | ▼ 0.7% (−6K) | $288.30 | $367.34 (+27%) | 2026-03-31 |
| ORLY O'Reilly Automotive, Inc. | 3.4% | 2.8M | $261M | ▼ 1.3% (−38K) | $848.98 | $85.63 (−90%) | 2026-03-31 |
| V VISA Inc. | 2.8% | 720K | $217M | ▼ 0.9% (−6K) | $225.46 | $326.60 (+45%) | 2026-03-31 |
| RTX RTX Corporation | 2.7% | 1.1M | $211M | ▼ 2.6% (−29K) | $97.93 | $181.83 (+86%) | 2026-03-31 |
| JPM JPMorgan Chase & Co. | 2.5% | 653K | $192M | ▼ 2.0% (−13K) | $130.31 | $331.48 (+154%) | 2026-03-31 |
| SYK Stryker Corporation | 2.2% | 509K | $167M | ▼ 0.7% (−3K) | $285.47 | $304.69 (+7%) | 2026-03-31 |
| COST Costco Wholesale Corp | 2.1% | 161K | $161M | ▼ 0.6% (−979) | $496.87 | $951.35 (+91%) | 2026-03-31 |
| JNJ Johnson & Johnson | 2.1% | 658K | $161M | ▼ 1.9% (−13K) | $155.00 | $231.29 (+49%) | 2026-03-31 |
| LLY Eli Lilly & Co. | 2.0% | 168K | $155M | — | $343.42 | $1,102.08 (+221%) | 2026-03-31 |
| HD Home Depot, Inc. | 1.8% | 429K | $141M | — | $295.12 | $326.62 (+11%) | 2026-03-31 |
| CB Chubb Limited | 1.6% | 387K | $126M | ▼ 1.8% (−7K) | $194.18 | $325.20 (+67%) | 2026-03-31 |
| ECL Ecolab, Inc. | 1.6% | 470K | $125M | — | $165.53 | $269.34 (+63%) | 2026-03-31 |
| TJX TJX Companies, Inc. (The) | 1.6% | 772K | $123M | ▼ 0.8% (−6K) | $78.36 | $164.17 (+110%) | 2026-03-31 |
| AMZN Amazon.Com Inc | 1.5% | 568K | $118M | ▲ 0.9% (+5K) | $103.29 | $232.79 (+125%) | 2026-03-31 |
| GOOGL Alphabet Inc. Class A Common Stock | 1.5% | 409K | $118M | ▼ 2.8% (−12K) | $103.73 | $349.68 (+237%) | 2026-03-31 |
| DHR Danaher Corporation | 1.5% | 613K | $116M | ▼ 1.0% (−6K) | $252.04 | $178.19 (−29%) | 2026-03-31 |
| PG Procter & Gamble Company | 1.4% | 764K | $110M | ▼ 0.6% (−4K) | $148.69 | $147.68 (−1%) | 2026-03-31 |
| MDY State Str Spdr S&p Midcap 40 | 1.3% | 162K | $100M | ▼ 3.1% (−5K) | $458.41 | $693.83 (+51%) | 2026-03-31 |
| VRTX Vertex Pharmaceuticals Inc | 1.3% | 220K | $98M | ▲ 0.7% (+1K) | $315.07 | $466.79 (+48%) | 2026-03-31 |
| IDXX Idexx Laboratories Inc | 1.2% | 168K | $94M | — | $500.08 | $545.73 (+9%) | 2026-03-31 |
| MCD McDonald's Corporation | 1.2% | 304K | $94M | ▼ 0.8% (−2K) | $279.61 | $270.10 (−3%) | 2026-03-31 |
| CVX Chevron Corporation | 1.1% | 401K | $83M | ▼ 1.8% (−7K) | $163.16 | $175.06 (+7%) | 2026-03-31 |
| AMP Ameriprise Financial, Inc. | 1.0% | 173K | $77M | — | $306.50 | $471.41 (+54%) | 2026-03-31 |
| META Meta Platforms, Inc. Class A Common Stock | 1.0% | 134K | $77M | ▲ 3.0% (+4K) | $211.94 | $563.85 (+166%) | 2026-03-31 |
| WSO Watsco, Inc. | 1.0% | 210K | $76M | — | $318.16 | $397.16 (+25%) | 2026-03-31 |
| ABBV ABBVIE INC. | 1.0% | 344K | $75M | ▼ 0.7% (−2K) | $159.37 | $230.01 (+44%) | 2026-03-31 |
| AVGO Broadcom Inc. Common Stock | 1.0% | 241K | $75M | ▲ 5.2% (+12K) | $641.54 | $392.13 (−39%) | 2026-03-31 |
| MTD Mettler-Toledo International | 1.0% | 59K | $74M | ▼ 0.9% (−541) | $1,530.21 | $1,164.07 (−24%) | 2026-03-31 |
| RMD ResMed Inc. | 0.9% | 326K | $73M | ▼ 0.6% (−2K) | $218.99 | $188.45 (−14%) | 2026-03-31 |
| IRM Iron Mountain Inc. | 0.9% | 652K | $67M | ▼ 0.7% (−4K) | $52.91 | $131.86 (+149%) | 2026-03-31 |
| WMT Walmart Inc. Common Stock | 0.8% | 523K | $65M | ▼ 2.3% (−12K) | $147.45 | $117.18 (−21%) | 2026-03-31 |
| ABT Abbott Laboratories | 0.8% | 630K | $65M | — | $101.26 | $87.83 (−13%) | 2026-03-31 |
| PEP PepsiCo, Inc. | 0.8% | 416K | $65M | ▼ 3.1% (−13K) | $182.30 | $140.71 (−23%) | 2026-03-31 |
| ROP Roper Technologies, Inc. Common Stock | 0.8% | 180K | $64M | ▼ 7.4% (−14K) | $440.69 | $325.09 (−26%) | 2026-03-31 |
| AJG Arthur J. Gallagher & Co. | 0.8% | 293K | $64M | — | $191.31 | $209.08 (+9%) | 2026-03-31 |
| NEE NextEra Energy, Inc. | 0.8% | 675K | $63M | — | $77.08 | $86.08 (+12%) | 2026-03-31 |
| VEA Vanguard Tax-managed Fds | 0.8% | 970K | $62M | — | $45.17 | $72.39 (+60%) | 2026-03-31 |
| BRK.B BERKSHIRE HATHAWAY Class B | 0.7% | 118K | $56M | ▼ 0.9% (−1K) | $308.77 | $488.69 (+58%) | 2026-03-31 |
| LECO Lincoln Electric Holdings Inc | 0.7% | 210K | $52M | ▼ 1.3% (−3K) | $169.10 | $274.75 (+62%) | 2026-03-31 |
| LIN Linde plc Ordinary Share | 0.7% | 105K | $52M | ▲ 0.7% (+700) | $355.44 | $516.71 (+45%) | 2026-03-31 |
| XYL Xylem Inc | 0.6% | 414K | $49M | ▲ 3.0% (+12K) | $104.70 | $111.77 (+7%) | 2026-03-31 |
| CSCO Cisco Systems, Inc. Common Stock (DE) | 0.6% | 634K | $49M | ▼ 1.4% (−9K) | $52.28 | $121.53 (+132%) | 2026-03-31 |
| XOM Exxon Mobil Corporation | 0.6% | 285K | $48M | ▼ 1.4% (−4K) | $109.66 | $138.47 (+26%) | 2026-03-31 |
| PANW Palo Alto Networks, Inc. Common Stock | 0.6% | 301K | $48M | ▲ 28% (+66K) | $199.74 | $286.40 (+43%) | 2026-03-31 |
| LHX L3Harris Technologies, Inc. | 0.6% | 138K | $48M | ▼ 2.0% (−3K) | $196.24 | $285.83 (+46%) | 2026-03-31 |
| BAC Bank of America Corporation | 0.6% | 977K | $48M | ▼ 1.4% (−13K) | $28.60 | $57.37 (+101%) | 2026-03-31 |
| CSL Carlisle Companies, Inc. | 0.6% | 140K | $47M | ▲ 6.8% (+9K) | $226.07 | $360.96 (+60%) | 2026-03-31 |
Showing top 50 of 368 holdings by value.
FAQ ▾
What are Welch & Forbes LLC's largest holdings?
As of the latest 13F: NVIDIA CORP 7.0%, Apple Inc. 5.5%, Alphabet Inc. Class C Capital Stock 4.3%, MICROSOFT CORP 4.2%, O'Reilly Automotive, Inc. 3.4%.
How big is Welch & Forbes LLC's 13F portfolio?
$7.7B across 368 disclosed U.S.-equity positions.
What is Welch & Forbes LLC's 3-year performance?
+61% (13F-replication, price return), -11 pts vs the S&P 500. Not an audited fund return.
Where does this data come from?
U.S. SEC Form 13F-HR institutional holdings filings.
Sourced from SEC Form 13F-HR filings · Not investment advice ▾
Data as of 2026-03-31 · Methodology
13F-replication (price return, filing-date based) — not an audited fund return.
Published by WealthFile · Not investment advice.
Latest activity = change vs. the prior 13F. Avg buy price = est. entry over the trailing 3 years (gain = vs. latest price). Returns are 13F-replication, not audited fund returns. Sourced from SEC 13F filings.