Latest Godshalk Welsh Capital Management, Inc. Stock Portfolio

Godshalk Welsh Capital Management, Inc. Performance:

2025 Q3: 6.07%YTD: 9.51%2024: 13.56%

Performance for 2025 Q3 is 6.07%, and YTD is 9.51%, 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 31-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $253.6 Millions. In it's latest 13F Holdings report, Godshalk Welsh Capital Management, Inc. reported an equity portfolio of $174.3 Millions as of 30 Sep, 2025.

The top stock holdings of Godshalk Welsh Capital Management, Inc. are MSFT, AAPL, ORCL. The fund has invested 6% of it's portfolio in MICROSOFT CORPORATION and 4.9% of portfolio in APPLE INC .

The fund managers got completely rid off UNITED PARCEL SERVICE INC (UPS) and CARRIER GLOBAL CORP (CARR) stocks. They significantly reduced their stock positions in WIDEOPENWEST INC (WOW), VANGUARD SHORT TERM BOND INDEX (BIV) and TARGET CORPORATION (TGT). Godshalk Welsh Capital Management, Inc. opened new stock positions in ISHARES IBONDS DEC 2030 TERM M and HERSHEY COMPANY (HSY). The fund showed a lot of confidence in some stocks as they added substantially to ISHARES IBONDS DEC 2030 TERM C (DMXF), ISHARES IBONDS DEC 2028 TERM C (BGRN) and T ROWE PRICE CAPITAL APPREC EQ (TAGG).

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 6.07% in the last quarter. In trailing 12 months, it's portfolio return was 8.37%.

New Buys

Ticker	$ Bought
ishares ibonds dec 2030 term m	234,720
veralto corp	207,890
hershey company	205,755

New stocks bought by Godshalk Welsh Capital Management, Inc.

Additions

Ticker	% Inc.
ishares ibonds dec 2030 term c	224
ishares ibonds dec 2029 term m	150
ishares ibonds dec 2029 term c	44.77
ishares ibonds dec 2028 term c	37.76
ishares ibonds dec 2026 term c	19.24
ishares ibonds dec 2027 term c	19.01
ishares ibonds dec 2026 term m	18.75
ishares ibonds dec 2025 term m	17.65

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

Reductions

Ticker	% Reduced
wideopenwest inc	-69.68
vanguard short term bond index	-32.32
target corporation	-27.48
dupont de nemours inc	-26.73
simon property group	-26.23
comcast corp class a	-18.39
vgd int term bond index fund	-8.01
nextera energy inc	-6.54

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

Sold off

Ticker	$ Sold
united parcel service inc	-496,625
carrier global corp	-232,378

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

Sector Distribution

Godshalk Welsh Capital Management, Inc. has about 25.1% of it's holdings in Others sector.

Sector	%
Others	25.1
Technology	22.5
Financial Services	10.1
Consumer Defensive	8.6
Industrials	7.8
Healthcare	7.8
Consumer Cyclical	6.1
Communication Services	4.3
Energy	2.9
Utilities	2.2
Basic Materials	1.7

Market Cap. Distribution

Godshalk Welsh Capital Management, Inc. has about 72.6% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MEGA-CAP	36.7
LARGE-CAP	35.9
UNALLOCATED	25.1
MID-CAP	2.3

Stocks belong to which Index?

About 70.3% of the stocks held by Godshalk Welsh Capital Management, Inc. either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	70.3
Others	29.6

Top 5 Winners (%)		%
GLW	corning inc	54.7 %
GOOG	alphabet inc cl a	37.8 %
GOOG	alphabet inc cl c	37.3 %
ORCL	oracle corp	28.4 %
VLO	valero energy corp	26.7 %

Top 5 Winners ($)		$
ORCL	oracle corp	1.9 M
AAPL	apple inc	1.6 M
GOOG	alphabet inc cl a	1.2 M
GOOG	alphabet inc cl c	0.8 M
MSFT	microsoft corporation	0.4 M

Top 5 Losers (%)		%
	cava group inc	-28.3 %
ELV	elevance health	-16.6 %
INTU	intuit inc	-13.3 %
AMT	american tower corp	-12.9 %
PAYX	paychex inc	-12.9 %

Top 5 Losers ($)		$
INTU	intuit inc	-0.8 M
COST	costco wholesale corp	-0.4 M
PAYX	paychex inc	-0.3 M
AMT	american tower corp	-0.2 M
	cava group inc	-0.1 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 128 stocks in it's portfolio. About 33% of the portfolio is in top 10 stocks. INTU proved to be the most loss making stock for the portfolio. ORCL was the most profitable stock for Godshalk Welsh Capital Management, Inc. last quarter.

Last Reported on: 14 Nov, 2025

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	4.87	33,327	8,486,050	reduced	-0.19

AAXJ	ishares short term nat muni bd	0.84	13,625	1,454,880	unchanged	0.00

AAXJ	ishares national muni	0.69	11,275	1,200,680	unchanged	0.00

ABBV	abbvie inc	0.70	5,306	1,228,550	unchanged	0.00

ABNB	airbnb inc	0.14	2,055	249,518	added	6.75

ABT	abbott laboratories	0.24	3,150	421,911	unchanged	0.00

ACWF	ishares ibonds dec 2025 term c	0.48	33,350	840,087	added	7.93

ACWV	ishares msci emergmkt min vol	0.29	7,800	497,874	unchanged	0.00

ADBE	adobe systems inc	0.25	1,235	435,646	unchanged	0.00

ADP	automatic data processing	1.34	7,975	2,340,660	reduced	-0.44

AGT	ishares ibonds dec 2026 term c	1.08	77,150	1,874,740	added	19.24

AMGN	amgen inc	0.20	1,235	348,517	unchanged	0.00

AMT	american tower corp	0.66	5,975	1,149,110	added	0.67

AOA	ishares russell top 200 growth	0.57	3,610	987,877	unchanged	0.00

AOA	ishares core moderate allocati	0.49	17,827	848,204	added	0.03

AOA	ishares core growth allocation	0.35	9,407	605,601	added	0.15

AWK	american water works inc	0.26	3,225	448,888	unchanged	0.00

AXP	american express	2.13	11,185	3,715,210	reduced	-0.53

BAC	bank of america corp	1.34	45,220	2,332,900	reduced	-0.22

BDX	becton dickinson & co	0.66	6,175	1,155,780	reduced	-0.16