Latest Godshalk Welsh Capital Management, Inc. Stock Portfolio

Godshalk Welsh Capital Management, Inc. Performance:

2025 Q4: -0.12%YTD: 9.38%2024: 13.56%

Performance for 2025 Q4 is -0.12%, and YTD is 9.38%, and 2024 is 13.56%.

About Godshalk Welsh Capital Management, Inc. and 13F Hedge Fund Stock Holdings

Godshalk Welsh Capital Management, Inc. is a hedge fund based in Radnor, PA. On 2026-02-12, the fund reported it's updated stock portfolio. In the 13F Holdings report, Godshalk Welsh Capital Management, Inc. reported an equity portfolio of $175.1 Millions as of 31 Dec, 2025.

The top stock holdings of Godshalk Welsh Capital Management, Inc. are MSFT, AAPL, ORCL. The fund has invested 5.5% of it's portfolio in MICROSOFT CORPORATION and 5.1% of portfolio in APPLE INC .

The fund managers got completely rid off DUPONT DE NEMOURS INC (DD), ISHARES IBONDS DEC 2025 TERM M (BGRN) and CORTEVA INC (CTVA) stocks. They significantly reduced their stock positions in INVESCO PREFERRED (CGW), TARGET CORPORATION (TGT) and ADOBE SYSTEMS INC (ADBE). Godshalk Welsh Capital Management, Inc. opened new stock positions in ISHARES IBONDS DEC 2031 TERM C (DMXF), SOLSTICE ADVANCED MATERIALS IN and LILLY ELI & CO (LLY). The fund showed a lot of confidence in some stocks as they added substantially to ISHARES IBONDS DEC 2030 TERM M, ISHARES IBONDS DEC 2030 TERM C (DMXF) and ISHARES CORE MODERATE ALLOCATI (AOA).

Godshalk Welsh Capital Management, Inc. Annual Return Estimates Vs S&P 500

Our best estimate is that Godshalk Welsh Capital Management, Inc. made a return of -0.12% in the last quarter. In trailing 12 months, it's portfolio return was 9.38%.

Performance
S&P 500

New Buys

Ticker	$ Bought
ishares ibonds dec 2031 term c	402,908
solstice advanced materials in	356,431
ishares ibonds dec 2031 term m	259,500
lilly eli & co	241,803
danaher corp	228,920
analog devices inc	216,960
capital one financial (dh)	214,489
emerson electric co	185,808

New stocks bought by Godshalk Welsh Capital Management, Inc.

Additions

Ticker	% Inc.
ishares ibonds dec 2030 term m	212
ishares ibonds dec 2030 term c	61.68
ishares ibonds dec 2029 term c	50.34
ishares ibonds dec 2029 term m	31.51
ishares core moderate allocati	22.28
ishares ibonds dec 2028 term c	21.06
ishares ibonds dec 2028 term m	20.48
ishares ibonds dec 2026 term m	14.04

Additions to existing portfolio by Godshalk Welsh Capital Management, Inc.

Reductions

Ticker	% Reduced
invesco preferred	-63.57
target corporation	-31.11
adobe systems inc	-27.94
globus medical inc a	-20.00
essential utilities inc	-18.51
mondelez intl inc cl a	-10.67
american water works inc	-9.3
waste connections inc	-8.65

Godshalk Welsh Capital Management, Inc. reduced stake in above stock

Sold off

Ticker	$ Sold
ishares ibonds dec 2025 term c	-840,087
wideopenwest inc	-110,940
dupont de nemours inc	-330,997
ishares ibonds dec 2025 term m	-267,900
comcast corp class a	-202,156
corteva inc	-219,933
veralto corp	-207,890

Godshalk Welsh Capital Management, Inc. got rid off the above stocks

Sector Distribution

Godshalk Welsh Capital Management, Inc. has about 27.2% of it's holdings in Others sector.

Sector	%
Others	27.2
Technology	20.7
Financial Services	10.1
Healthcare	8.5
Consumer Defensive	7.9
Industrials	7.5
Consumer Cyclical	5.8
Communication Services	5.4
Energy	2.8
Utilities	2
Basic Materials	1.3

Market Cap. Distribution

Godshalk Welsh Capital Management, Inc. has about 72.1% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MEGA-CAP	41.4
LARGE-CAP	30.7
UNALLOCATED	27.2

Stocks belong to which Index?

About 68% of the stocks held by Godshalk Welsh Capital Management, Inc. either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	68
Others	32

Top 5 Winners (%)		%
GMED	globus medical inc a	47.2 %
GOOG	alphabet inc cl c	28.8 %
GOOG	alphabet inc cl a	28.5 %
NOK	applied materials inc	25.5 %
MRK	merck & co	25.3 %

Top 5 Winners ($)		$
GMED	globus medical inc a	1.4 M
GOOG	alphabet inc cl a	1.3 M
GOOG	alphabet inc cl c	0.8 M
AAPL	apple inc	0.6 M
AXP	american express	0.4 M

Top 5 Losers (%)		%
ORCL	oracle corp	-30.7 %
CLX	clorox company	-17.6 %
UBER	uber technologies inc	-16.2 %
HD	home depot inc	-15.1 %
ZTS	zoetis inc	-13.9 %

Top 5 Losers ($)		$
ORCL	oracle corp	-2.6 M
MSFT	microsoft corporation	-0.7 M
COST	costco wholesale corp	-0.4 M
HD	home depot inc	-0.3 M
WRB	wr berkley corp	-0.3 M

Godshalk Welsh Capital Management, Inc. Holdings Map

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

Current Stock Holdings of Godshalk Welsh Capital Management, Inc.

Godshalk Welsh Capital Management, Inc. has 130 stocks in it's portfolio. About 31.8% of the portfolio is in top 10 stocks. ORCL proved to be the most loss making stock for the portfolio. GMED was the most profitable stock for Godshalk Welsh Capital Management, Inc. last quarter.

Last Reported on: 12 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	5.07	32,667	8,880,850	reduced	-1.98

AAXJ	ishares short term nat muni bd	0.85	13,950	1,488,460	added	2.39

AAXJ	ishares national muni	0.75	12,250	1,312,100	added	8.65

ABBV	abbvie inc	0.69	5,281	1,206,660	reduced	-0.47

ABNB	airbnb inc	0.17	2,255	306,049	added	9.73

ABT	abbott laboratories	0.22	3,125	391,531	reduced	-0.79

ACWF	ishares ibonds dec 2025 term c	0.00	0.00	0.00	sold off	-100

ACWV	ishares msci emergmkt min vol	0.28	7,800	499,512	unchanged	0.00

ADBE	adobe systems inc	0.18	890	311,491	reduced	-27.94

ADI	analog devices inc	0.12	800	216,960	new

ADP	automatic data processing	1.17	7,975	2,051,410	unchanged	0.00

AGT	ishares ibonds dec 2026 term c	1.17	84,375	2,044,410	added	9.36

AMGN	amgen inc	0.24	1,285	420,593	added	4.05

AMT	american tower corp	0.57	5,675	996,360	reduced	-5.02

ANTX	elevance health	0.12	625	219,094	unchanged	0.00

AOA	ishares core moderate allocati	0.59	21,799	1,040,490	added	22.28

AOA	ishares russell top 200 growth	0.57	3,609	999,476	reduced	-0.03

AOA	ishares core growth allocation	0.35	9,464	615,281	added	0.61

AWK	american water works inc	0.22	2,925	381,713	reduced	-9.3

AXP	american express	2.28	10,795	3,993,610	reduced	-3.49