Latest WELCH & FORBES LLC Stock Portfolio

WELCH & FORBES LLC Performance:

2025 Q2: -29.29%YTD: -30.17%2024: 15.08%

Performance for 2025 Q2 is -29.29%, and YTD is -30.17%, and 2024 is 15.08%.

About WELCH & FORBES LLC and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, WELCH & FORBES LLC reported an equity portfolio of $8 Billions as of 30 Jun, 2025.

The top stock holdings of WELCH & FORBES LLC are NVDA, MSFT, AAPL. The fund has invested 7% of it's portfolio in NVIDIA CORPORATION and 5.6% of portfolio in MICROSOFT CORP.

The fund managers got completely rid off DIREXION SHS ETF TR (BRZU), DISCOVER FINL SVCS (DFS) and VANGUARD SCOTTSDALE FDS (BNDW) stocks. They significantly reduced their stock positions in CONSTELLATION BRANDS INC (STZ), VANGUARD INDEX FDS (VB) and WEST PHARMACEUTICAL SVSC INC (WST). WELCH & FORBES LLC opened new stock positions in ADVANCED MICRO DEVICES INC (AMD), ASML HOLDING N V and AUTODESK INC (ADSK). The fund showed a lot of confidence in some stocks as they added substantially to OREILLY AUTOMOTIVE INC (ORLY), FASTENAL CO (FAST) and VANGUARD WORLD FD (VAW).

WELCH & FORBES LLC Annual Return Estimates Vs S&P 500

Our best estimate is that WELCH & FORBES LLC made a return of -29.29% in the last quarter. In trailing 12 months, it's portfolio return was -29.63%.

New Buys

Ticker	$ Bought
advanced micro devices inc	832,527
asml holding n v	601,044
autodesk inc	348,266
zoetis inc	342,624
vanguard intl equity index f	294,500
amphenol corp new	271,168
teradyne inc	265,714
mckesson corp	260,137

New stocks bought by WELCH & FORBES LLC

Additions

Ticker	% Inc.
oreilly automotive inc	1,385
fastenal co	99.7
vanguard world fd	43.00
vanguard index fds	37.44
capital one finl corp	36.2
airbnb inc	34.14
ishares tr	31.32
marsh & mclennan cos inc	29.58

Additions to existing portfolio by WELCH & FORBES LLC

Reductions

Ticker	% Reduced
constellation brands inc	-84.96
vanguard index fds	-45.6
west pharmaceutical svsc inc	-41.88
comcast corp new	-39.78
invesco exch traded fd tr ii	-39.54
ball corp	-32.26
vanguard index fds	-31.45
cvs health corp	-31.2

WELCH & FORBES LLC reduced stake in above stock

Sold off

Ticker	$ Sold
kayne anderson energy infrst	-140,489
easterly govt pptys inc	-262,626
direxion shs etf tr	-608,150
icici bank limited	-203,587
vanguard scottsdale fds	-329,368
cbiz inc	-200,801
vanguard world fd	-282,508
discover finl svcs	-349,594

WELCH & FORBES LLC got rid off the above stocks

Sector Distribution

WELCH & FORBES LLC has about 24.6% of it's holdings in Technology sector.

Sector	%
Technology	24.6
Healthcare	15
Financial Services	11.8
Consumer Cyclical	11.2
Industrials	10.6
Others	8.9
Consumer Defensive	6.4
Communication Services	5.5
Basic Materials	2.6
Energy	1.4
Real Estate	1.1

Market Cap. Distribution

WELCH & FORBES LLC has about 90.1% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MEGA-CAP	45.3
LARGE-CAP	44.8
UNALLOCATED	8.9

Stocks belong to which Index?

About 88.2% of the stocks held by WELCH & FORBES LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	88.2
Others	11.5

Top 5 Winners (%)		%
AMPS	ishares tr	476.3 %
DNA	ginkgo bioworks holdings inc	97.4 %
CEG	constellation energy corp	60.1 %
AVGO	broadcom inc	56.1 %
ORCL	oracle corp	56.0 %

Top 5 Winners ($)		$
NVDA	nvidia corporation	176.9 M
MSFT	microsoft corp	110.1 M
JPM	jpmorgan chase & co.	30.5 M
GOOG	alphabet inc	25.6 M
AVGO	broadcom inc	20.3 M

Top 5 Losers (%)		%
ORLY	oreilly automotive inc	-93.5 %
FAST	fastenal co	-44.7 %
UNH	unitedhealth group inc	-40.4 %
JILL	j jill inc	-25.0 %
BDX	becton dickinson & co	-24.8 %

Top 5 Losers ($)		$
ORLY	oreilly automotive inc	-3794.2 M
AAPL	apple inc	-29.6 M
WSO	watsco inc	-14.2 M
CVX	chevron corp new	-10.0 M
PEP	pepsico inc	-10.0 M

WELCH & FORBES LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of WELCH & FORBES LLC

WELCH & FORBES LLC has 369 stocks in it's portfolio. About 35.4% of the portfolio is in top 10 stocks. ORLY proved to be the most loss making stock for the portfolio. NVDA was the most profitable stock for WELCH & FORBES LLC last quarter.

Last Reported on: 05 Aug, 2025

	Ticker	Namesorted descending	% Portfolio	Shares Held	$ Value	Type	% Change
	NVDA	nvidia corporation	6.98	3,538,100	558,984,000	reduced	-1.7
Historical Trend of NVIDIA CORPORATION Position Held By WELCH & FORBES LLC What % of Portfolio is NVDA?: Number of NVDA shares held: Change in No. of Shares Held:
	MSFT	microsoft corp	5.58	898,016	446,683,000	reduced	-0.7

	AAPL	apple inc	4.45	1,735,570	356,086,000	reduced	-0.41

	ORLY	oreilly automotive inc	3.32	2,945,840	265,509,000	added	1,385

	V	visa inc	3.25	732,353	260,022,000	reduced	-0.77

	GOOG	alphabet inc	2.67	1,207,490	214,197,000	reduced	-0.3

	SYK	stryker corporation	2.54	514,389	203,508,000	reduced	-0.44

	JPM	jpmorgan chase & co.	2.46	679,848	197,095,000	reduced	-1.44

	RTX	rtx corporation	2.11	1,155,530	168,731,000	reduced	-0.71

	COST	costco whsl corp new	2.02	163,058	161,418,000	reduced	-1.54

	HD	home depot inc	1.96	428,324	157,041,000	reduced	-0.61

		fiserv inc	1.86	865,819	149,276,000	added	0.74

	DHR	danaher corporation	1.71	694,879	137,267,000	added	0.62

	ANSS	ansys inc	1.67	380,883	133,774,000	reduced	-1.51

	ECL	ecolab inc	1.60	474,328	127,803,000	added	0.55

	PG	procter and gamble co	1.57	790,238	125,901,000	reduced	-0.68

	AMZN	amazon com inc	1.50	547,872	120,198,000	added	2.84

	LLY	eli lilly & co	1.46	149,445	116,497,000	added	0.61

	CB	chubb limited	1.45	401,368	116,284,000	reduced	-0.74

	ROP	roper technologies inc	1.42	200,529	113,668,000	added	0.41