W&
Welch & Forbes LLC
Welch & Forbes LLC · Investor
1Y performance ⓘ
+11%
AUM (13F)
$7.7B
# of Holdings
368
3Y performance ⓘ
+53%
vs S&P 500 ⓘ
−26%
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 +53% over 3 years (-26 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) | $27.83 | $230.82 (+729%) | 2026-03-31 |
| AAPL Apple Inc. | 5.5% | 1.7M | $426M | ▼ 1.3% (−22K) | $167.92 | $332.30 (+98%) | 2026-03-31 |
| GOOG Alphabet Inc. Class C Capital Stock | 4.3% | 1.2M | $336M | ▼ 1.2% (−15K) | $107.66 | $341.94 (+218%) | 2026-03-31 |
| MSFT MICROSOFT CORP | 4.2% | 882K | $326M | ▼ 0.7% (−6K) | $292.76 | $519.35 (+77%) | 2026-03-31 |
| ORLY O'Reilly Automotive, Inc. | 3.4% | 2.8M | $261M | ▼ 1.3% (−38K) | $57.00 | $85.07 (+49%) | 2026-03-31 |
| V VISA Inc. | 2.8% | 720K | $217M | ▼ 0.9% (−6K) | $225.67 | $361.52 (+60%) | 2026-03-31 |
| RTX RTX Corporation | 2.7% | 1.1M | $211M | ▼ 2.6% (−29K) | $97.58 | $185.70 (+90%) | 2026-03-31 |
| JPM JPMorgan Chase & Co. | 2.5% | 653K | $192M | ▼ 2.0% (−13K) | $130.92 | $330.16 (+152%) | 2026-03-31 |
| SYK Stryker Corporation | 2.2% | 509K | $167M | ▼ 0.7% (−3K) | $286.33 | $276.26 (−4%) | 2026-03-31 |
| COST Costco Wholesale Corp | 2.1% | 161K | $161M | ▼ 0.6% (−979) | $508.14 | $905.49 (+78%) | 2026-03-31 |
| JNJ Johnson & Johnson | 2.1% | 658K | $161M | ▼ 1.9% (−13K) | $155.00 | $263.33 (+70%) | 2026-03-31 |
| LLY Eli Lilly & Co. | 2.0% | 168K | $155M | — | $466.38 | $1,150.39 (+147%) | 2026-03-31 |
| HD Home Depot, Inc. | 1.8% | 429K | $141M | — | $297.32 | $280.69 (−6%) | 2026-03-31 |
| CB Chubb Limited | 1.6% | 387K | $126M | ▼ 1.8% (−7K) | $194.39 | $326.67 (+68%) | 2026-03-31 |
| ECL Ecolab, Inc. | 1.6% | 470K | $125M | — | $168.74 | $270.56 (+60%) | 2026-03-31 |
| TJX TJX Companies, Inc. (The) | 1.6% | 772K | $123M | ▼ 0.8% (−6K) | $79.31 | $132.22 (+67%) | 2026-03-31 |
| AMZN Amazon.Com Inc | 1.5% | 568K | $118M | ▲ 0.9% (+5K) | $124.46 | $249.66 (+101%) | 2026-03-31 |
| GOOGL Alphabet Inc. Class A Common Stock | 1.5% | 409K | $118M | ▼ 2.8% (−12K) | $105.87 | $344.90 (+226%) | 2026-03-31 |
| DHR Danaher Corporation | 1.5% | 613K | $116M | ▼ 1.0% (−6K) | $251.77 | $219.82 (−13%) | 2026-03-31 |
| PG Procter & Gamble Company | 1.4% | 764K | $110M | ▼ 0.6% (−4K) | $148.77 | $144.38 (−3%) | 2026-03-31 |
| MDY State Str Spdr S&p Midcap 40 | 1.3% | 162K | $100M | ▼ 3.1% (−5K) | $484.66 | $656.58 (+35%) | 2026-03-31 |
| VRTX Vertex Pharmaceuticals Inc | 1.3% | 220K | $98M | ▲ 0.7% (+1K) | $339.67 | $521.03 (+53%) | 2026-03-31 |
| IDXX Idexx Laboratories Inc | 1.2% | 168K | $94M | — | $499.87 | $523.76 (+5%) | 2026-03-31 |
| MCD McDonald's Corporation | 1.2% | 304K | $94M | ▼ 0.8% (−2K) | $280.05 | $231.51 (−17%) | 2026-03-31 |
| CVX Chevron Corporation | 1.1% | 401K | $83M | ▼ 1.8% (−7K) | $162.50 | $204.47 (+26%) | 2026-03-31 |
| AMP Ameriprise Financial, Inc. | 1.0% | 173K | $77M | — | $306.50 | $493.75 (+61%) | 2026-03-31 |
| META Meta Platforms, Inc. Class A Common Stock | 1.0% | 134K | $77M | ▲ 3.0% (+4K) | $300.46 | $732.25 (+144%) | 2026-03-31 |
| WSO Watsco, Inc. | 1.0% | 210K | $76M | — | $324.11 | $302.40 (−7%) | 2026-03-31 |
| ABBV ABBVIE INC. | 1.0% | 344K | $75M | ▼ 0.7% (−2K) | $159.47 | $260.76 (+64%) | 2026-03-31 |
| AVGO Broadcom Inc. Common Stock | 1.0% | 241K | $75M | ▲ 5.2% (+12K) | $199.84 | $352.10 (+76%) | 2026-03-31 |
| MTD Mettler-Toledo International | 1.0% | 59K | $74M | ▼ 0.9% (−541) | $1,528.65 | $1,507.36 (−1%) | 2026-03-31 |
| RMD ResMed Inc. | 0.9% | 326K | $73M | ▼ 0.6% (−2K) | $216.65 | $221.13 (+2%) | 2026-03-31 |
| IRM Iron Mountain Inc. | 0.9% | 652K | $67M | ▼ 0.7% (−4K) | $53.36 | $110.58 (+107%) | 2026-03-31 |
| WMT Walmart Inc. Common Stock | 0.8% | 523K | $65M | ▼ 2.3% (−12K) | $51.86 | $103.66 (+100%) | 2026-03-31 |
| ABT Abbott Laboratories | 0.8% | 630K | $65M | — | $101.54 | $98.68 (−3%) | 2026-03-31 |
| PEP PepsiCo, Inc. | 0.8% | 416K | $65M | ▼ 3.1% (−13K) | $182.25 | $126.54 (−31%) | 2026-03-31 |
| ROP Roper Technologies, Inc. Common Stock | 0.8% | 180K | $64M | ▼ 7.4% (−14K) | $446.83 | $357.92 (−20%) | 2026-03-31 |
| AJG Arthur J. Gallagher & Co. | 0.8% | 293K | $64M | — | $194.10 | $230.54 (+19%) | 2026-03-31 |
| NEE NextEra Energy, Inc. | 0.8% | 675K | $63M | — | $70.50 | $74.91 (+6%) | 2026-03-31 |
| VEA Vanguard Tax-managed Fds | 0.8% | 970K | $62M | — | $46.20 | $70.29 (+52%) | 2026-03-31 |
| BRK.B BERKSHIRE HATHAWAY Class B | 0.7% | 118K | $56M | ▼ 0.9% (−1K) | $309.79 | $498.00 (+61%) | 2026-03-31 |
| LECO Lincoln Electric Holdings Inc | 0.7% | 210K | $52M | ▼ 1.3% (−3K) | $178.21 | $265.16 (+49%) | 2026-03-31 |
| LIN Linde plc Ordinary Share | 0.7% | 105K | $52M | ▲ 0.7% (+700) | $369.52 | $466.11 (+26%) | 2026-03-31 |
| XYL Xylem Inc | 0.6% | 414K | $49M | ▲ 3.0% (+12K) | $128.81 | $100.78 (−22%) | 2026-03-31 |
| CSCO Cisco Systems, Inc. Common Stock (DE) | 0.6% | 634K | $49M | ▼ 1.4% (−9K) | $52.53 | $107.28 (+104%) | 2026-03-31 |
| XOM Exxon Mobil Corporation | 0.6% | 285K | $48M | ▼ 1.4% (−4K) | $109.80 | $162.32 (+48%) | 2026-03-31 |
| PANW Palo Alto Networks, Inc. Common Stock | 0.6% | 301K | $48M | ▲ 28% (+66K) | $182.19 | $390.28 (+114%) | 2026-03-31 |
| LHX L3Harris Technologies, Inc. | 0.6% | 138K | $48M | ▼ 2.0% (−3K) | $200.01 | $236.94 (+18%) | 2026-03-31 |
| BAC Bank of America Corporation | 0.6% | 977K | $48M | ▼ 1.4% (−13K) | $28.77 | $53.84 (+87%) | 2026-03-31 |
| CSL Carlisle Companies, Inc. | 0.6% | 140K | $47M | ▲ 6.8% (+9K) | $292.92 | $320.95 (+10%) | 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?
+53% (13F-replication, price return), -26 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.